what happens to bitcoin price in the future?

[ggbitcoin000]

just brainstorming here: with 21m bitcoin as max, what happens to the bitcoin after all mined? We just keep using the mined bitcoins with no rewards? I can draw a parallel between this as some currency (e.g.) that can not be printed at all after certain time. With that, the maximum market cap for bitcoin with the current price of 650$ is about 13,5 billion. Now the value can certainly rise and fall depending on how popular it becomes however if it really becomes, i can only see it is rising in value tremendously and forever and only issue hampering its growth is the granularity such that there could be some products whose price can not be represented by a smallest unit of bitcoin: satoshi. But still i think it is long long way to reach to the point. So I just re-imagined, how much the value of bitcoin will be when 1 satoshi equals 1 cents. This milestone is  I think is important because once 1 satoshi start equalling more than 1 cents, we started seeing some products/things that can not be represented 1 satoshi and that value is 1btc=1,000,000$.

But if it rises more than that, i dont see huge issue since there are not much stuff/products that costs 1c (1satoshi) and likely of crisis resulting from products costing less than 1c/1satoshi is very minimal.

Just my stupid thoughts

The interest i have here is with that much rising potential how to make it more valuable so that anyone holding bitcoin can reap a nice benefit. The way forward seems more need to use bitcoin, increasing its demand, and promoting it to generic public.

Also there is a risk due to volatile nature..due to its small market cap, that negative news affected the bitcoin price tremendously from 1000$ to less than 200$ few years back due to the fact it was involved in underground illegal trading. Looking from now on, I think it was more like a knee-jerk reaction of market, people not realizing that it is not because it is favored currency by criminals, dollar is so far the most favourite currency by criminals. I think we have mostly overcome that stage and several of the dark web page has shut down, yet bitcoin thrived. In fact, I think those events actually helped to make bitcoin more popular by giving my press, albeit in a negative way.

Now what in the future could potentially drive down the price again?

If you see any flaws in my thought process, please let me know and why.

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[7788bitcoin]

At the moment, the smallest unit is Satoshi. However, if the demand keep increasing and we have more and more coins lost, we can go further down to 1 mSatoshi, 1 microSatoshi.... etc

With the mining reward halving every 4 years, we will eventually have the mining reward coming from the transaction fee. At the moment it is very minimal. However, as we go halving every time, the transaction fee will become more and more significant. Value of bitcoin will continue to increase resulting in transaction fee able to sustain the mining cost...

Everything is in equilibrium.

just brainstorming here: with 21m bitcoin as max, what happens to the bitcoin after all mined? We just keep using the mined bitcoins with no rewards? I can draw a parallel between this as some currency (e.g.) that can not be printed at all after certain time. With that, the maximum market cap for bitcoin with the current price of 650$ is about 13,5 billion. Now the value can certainly rise and fall depending on how popular it becomes however if it really becomes, i can only see it is rising in value tremendously and forever and only issue hampering its growth is the granularity such that there could be some products whose price can not be represented by a smallest unit of bitcoin: satoshi. But still i think it is long long way to reach to the point. So I just re-imagined, how much the value of bitcoin will be when 1 satoshi equals 1 cents. This milestone is  I think is important because once 1 satoshi start equalling more than 1 cents, we started seeing some products/things that can not be represented 1 satoshi and that value is 1btc=1,000,000$.

But if it rises more than that, i dont see huge issue since there are not much stuff/products that costs 1c (1satoshi) and likely of crisis resulting from products costing less than 1c/1satoshi is very minimal.

Just my stupid thoughts

The interest i have here is with that much rising potential how to make it more valuable so that anyone holding bitcoin can reap a nice benefit. The way forward seems more need to use bitcoin, increasing its demand, and promoting it to generic public.

Also there is a risk due to volatile nature..due to its small market cap, that negative news affected the bitcoin price tremendously from 1000$ to less than 200$ few years back due to the fact it was involved in underground illegal trading. Looking from now on, I think it was more like a knee-jerk reaction of market, people not realizing that it is not because it is favored currency by criminals, dollar is so far the most favourite currency by criminals. I think we have mostly overcome that stage and several of the dark web page has shut down, yet bitcoin thrived. In fact, I think those events actually helped to make bitcoin more popular by giving my press, albeit in a negative way.

Now what in the future could potentially drive down the price again?

If you see any flaws in my thought process, please let me know and why.

[Enotche]

In my opinion, by the time the price of Bitcoins will be quite different, how we know it is now present. And for example, 1 Satoshi will cost a lot of money. Some feared that the Bitcoin can add more zeros. Okay, why not? For example 0,0000000000000001 BTC.
Moreover, does not interfere with anything else cryptocurrency create hundreds of them! And maybe there will be a parallel with Bitcoins.

[Amph]

i think you can easily hard code other small unit smaller than 1 satoshi, to solve such issue, if bitcoin ever touch that value

i would be very happy already, because it mean that bitcoin has been successful, everyhting else can always be tweaked easily, it's just code, require consensus though

[praprata]

Nobody knows what is going to happen with the Bitcoin price in the future because we cannot look into the future. I think that the price will be higher tho then now so that we can make more money.

[MWesterweele]

Nobody knows what is going to happen with the Bitcoin price in the future because we cannot look into the future. I think that the price will be higher tho then now so that we can make more money.

i agree  no one knows what will happen on its price in the near future.It is depending on its supply and demand so nothing is stable its price may fall down or even rise up to its peak specially this halving.

[helloeverybody]

Unfortunately i  don't think this is a problem we are going to have to deal with anytime in the near future.  At the moment bitcoin can be broken down into such small increments that unless we reach ridiculous amounts of money per bitcoin its just not an issue.  1 million per bitcoin is not going to be seen in our lifetime and pretty good chance ever.

[genos]

Bitcoin price will always rise because the devotee is increase every time, many people wants bitcoin so bitcoin will always exist.

[co5hike]

Nobody knows what is going to happen with the Bitcoin price in the future because we cannot look into the future. I think that the price will be higher tho then now so that we can make more money.

Don't think of too long, try to enjoy the present pump and start making profits by selling at a right time, bitcoin will always involve price ups and downs in future.

[praprata]

Nobody knows what is going to happen with the Bitcoin price in the future because we cannot look into the future. I think that the price will be higher tho then now so that we can make more money.

Don't think of too long, try to enjoy the present pump and start making profits by selling at a right time, bitcoin will always involve price ups and downs in future.

That is impossible to predict everything can happen within a couple of years, maybe the Bitcoin will disappear or it will be still around and the price can be even higher the  now.

[hawkins]

in fact no one knows about it, but I think bitcoin will become something more upscale in the future, and it certainly affects the price, maybe the normal price is $ 1000 for a one bitcoin

[crossabdd]

in fact no one knows about it, but I think bitcoin will become something more upscale in the future, and it certainly affects the price, maybe the normal price is $ 1000 for a one bitcoin

yes no one can predict the future of bitcoin, in fact I think a lot of people are surprised by the price increase at this time, it was totally unexpected we will reach $700 in a short time. I hope we can reach $1,000 this year, it seems that it is not difficult if you see the current prices continue to rise

[equator]

I think the future of bitcoin is very good , as most of the online sites are starting to use bitcoins and mostly it is getting more success in gambling field, but if more online shopping sites start to use bitcoins then we can see the price of bitcoin above $1500, but for that all country should accept bitcoins also in legal option.

[Nowl1935]

just brainstorming here: with 21m bitcoin as max, what happens to the bitcoin after all mined? We just keep using the mined bitcoins with no rewards? I can draw a parallel between this as some currency (e.g.) that can not be printed at all after certain time. With that, the maximum market cap for bitcoin with the current price of 650$ is about 13,5 billion. Now the value can certainly rise and fall depending on how popular it becomes however if it really becomes, i can only see it is rising in value tremendously and forever and only issue hampering its growth is the granularity such that there could be some products whose price can not be represented by a smallest unit of bitcoin: satoshi. But still i think it is long long way to reach to the point. So I just re-imagined, how much the value of bitcoin will be when 1 satoshi equals 1 cents. This milestone is  I think is important because once 1 satoshi start equalling more than 1 cents, we started seeing some products/things that can not be represented 1 satoshi and that value is 1btc=1,000,000$.

But if it rises more than that, i dont see huge issue since there are not much stuff/products that costs 1c (1satoshi) and likely of crisis resulting from products costing less than 1c/1satoshi is very minimal.

Just my stupid thoughts

The interest i have here is with that much rising potential how to make it more valuable so that anyone holding bitcoin can reap a nice benefit. The way forward seems more need to use bitcoin, increasing its demand, and promoting it to generic public.

Also there is a risk due to volatile nature..due to its small market cap, that negative news affected the bitcoin price tremendously from 1000$ to less than 200$ few years back due to the fact it was involved in underground illegal trading. Looking from now on, I think it was more like a knee-jerk reaction of market, people not realizing that it is not because it is favored currency by criminals, dollar is so far the most favourite currency by criminals. I think we have mostly overcome that stage and several of the dark web page has shut down, yet bitcoin thrived. In fact, I think those events actually helped to make bitcoin more popular by giving my press, albeit in a negative way.

Now what in the future could potentially drive down the price again?

If you see any flaws in my thought process, please let me know and why.

For me, I think the future of Bitcoin will be good, because we all know, Bitcoin is a very popular internet currency now, and there are so many newbie that is interested to know more about bitcoin. It is very succesful right now and in the future it will be more succesful. I just hope bitcoin to be 1,000$ this year :)Just wait for it

[umaOuma]

I think the future of bitcoin is very good , as most of the online sites are starting to use bitcoins and mostly it is getting more success in gambling field, but if more online shopping sites start to use bitcoins then we can see the price of bitcoin above $1500, but for that all country should accept bitcoins also in legal option.

Yeah a bright future is waiting for bitcoin ahead, and we the price of bitcoin will be much higher when more users and new companies will start accepting bitcoin as a mode of payment.

[relq]

It's hard to predict the price of bitcoin in the future. But i think bitcoin have a good future though, especially on this year. I think the bitcoin's price will be good for this year and next year.

[socks435]

I am not a fortune teller but i can give my opinion here.. as user of bitcoin i think bitcoin will be more popular in the future we can use it in other stores shoping and use in arcade as our credit.. its will more high tech in the future and more atm banks are can withdraw bitcoins instantly just use qr codes and sending payment from your smartphone to atm.. this is i think it would be happen in the future..

[~Bitcoin~]

Reward will always remain in terms of fees for transaction which will be for sure less that the block reward miner getting now but after all bitcoin got mined it is sure price will be so high that even small fee will be profitable for miners and bitcoin can survive long forever.

[Kprawn]

Now what in the future could potentially drive down the price again?

Nobody seemed to want to answer the last part of your questions, so here goes... The Bitcoin price can be pushed down, by any of the following things :

~ Negative publicity in mainstream media
~ Fiat and Alt coin shills posting rubbish and fud on public forums and websites.
~ Scandals where Bitcoin are used as a currency { Malware / Hacks / Kiddie porn / terrorism }
~ Government influence { Ban or over regulation }

These are just some of the things that might push the Bitcoin price down, but we still slowly recovering from most of these things and still moving upwards.

[ImHacked]

No one knows.Because bitcoin is depending on supply and demand which may have changes every time so it is not stable at all.It may fall same as it may rise in the future