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Author Topic: IS THERE ANY POSSIBILITY OF A PRICE REDUCTION FOR FUTURE BITCOIN  (Read 2608 times)
Victorycoin
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September 24, 2017, 06:19:13 PM
 #41

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked
There is always a possibility of price decline but as you can see on the chart, it always bounce back which means it already have a momentum to go up. Investing in bitcoin as a long term is wise decision, as you can see JP Morgan is desperate to make the price go down so they can buy at low price but it always bounce back and will always be.
From the list, something that is not immediately obvious and that could throw more light on what transpired is that as the years went by, awareness and adoption increased and so does the value of Bitcoin. Ordinarily the fluctuations in price were not going to be that pronounced but for PBoC meddlesome tendencies. At the end of the day, Bitcoin always bounces back and that should be the final message to all bitcoiners.
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September 24, 2017, 06:35:11 PM
 #42

There are many countries thinking of making btc illegal... In some countries it already is thus... The price will offcourse reduce because of the decrease in the demands and talking about future if bitcoins are recognized then the price will shoot up suddenly and if they are not and..there is an issue of banning them ... That would be highly unlikely to happen the bitcoins may loose its value as a whole but then again the latter is not possible ...but yes it may decrease and increase with time.. Smiley

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September 24, 2017, 06:54:15 PM
 #43

Additionally if the current market is always using BTC to buy offline and online governments would take action as the fiat currency is getting dump I guess if that happens the possibility of the increasing BTC prize would mark up to undeniably large amount of fiat currency or vice-versa.
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September 24, 2017, 07:35:55 PM
 #44

There will be always a possibility of that. bitcoin is great but its not as magical as some guys think. its not pure postive thing it has its flaws. having said that in my opinion.

Success is still the most likely event for bitcoin. In the past there was a huge crash when the mt. gox and silicon valley incident that took years for bitcoin to recover--back to its

rising price. but that was when bitcoin was still new and many people had doubts but only a few believed. its different now that it has established strong connections to users

particularly the big shots. so if you're asking if we should have second thoughts about investing on bitcoin, you should ask yourself instead if you want to support it because if

people continues to support it i'm sure nothing could go wrong.

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September 24, 2017, 08:01:50 PM
 #45

There are many countries thinking of making btc illegal... In some countries it already is thus... The price will offcourse reduce because of the decrease in the demands and talking about future if bitcoins are recognized then the price will shoot up suddenly and if they are not and..there is an issue of banning them ... That would be highly unlikely to happen the bitcoins may loose its value as a whole but then again the latter is not possible ...but yes it may decrease and increase with time.. Smiley

Those countries will not resist to the truth in 2020. They will have to accept the rise of the bitcoin and this will be late for them and pitty for all denying bitcoin and its infrastructure.
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September 24, 2017, 08:11:34 PM
 #46

Of course, anything is possible. I actually think a price correction is coming before the New Year!
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September 24, 2017, 11:00:09 PM
 #47

Bitcoin is volatile and, yes, unstable. This is because the price depends on the supply and demand in the market. With that, any form of price crash or surge is very possible every single day, the only thing that is needed is a strong trigger. The very significant decline in the past is because of the Mt. Gox issue. So if ever a similar or worse event than that happens, we will definitely see Bitcoin to have a massive price reduction. Well, that is a good thing Wink

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September 25, 2017, 06:44:16 AM
 #48

I think it's possible you'll see a slight reduction in bitcoin. I wouldn't expect a significant drop in the price of bitcoin like pre-2013, but with the upcoming hard fork of bitcoin we'll most likely will see a drop where you can buy in. Just keep in mind that the price of bitcoin will fluctuate and it's normal. 
Don't even matter that it is reduction or pumping it is the right time to buy bitcoin now a days people are investing to earn extra profit and bitcoin is giving them another chance come and invest so what can we say more?
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September 25, 2017, 01:02:03 PM
 #49

I think it's possible you'll see a slight reduction in bitcoin. I wouldn't expect a significant drop in the price of bitcoin like pre-2013, but with the upcoming hard fork of bitcoin we'll most likely will see a drop where you can buy in. Just keep in mind that the price of bitcoin will fluctuate and it's normal. 
Don't even matter that it is reduction or pumping it is the right time to buy bitcoin now a days people are investing to earn extra profit and bitcoin is giving them another chance come and invest so what can we say more?
The possible price reductions or dumps is an indeed a chance to come and invest in bitcoin but not all the times, it is a good thing for us because it is sometimes a bad thing for the people who doesn't extra money to buy and they get stuck for buying at the high price. Bitcoin is a really great investment but i hope that the price of bitcoin will not go down hard and i hope that it will stay at the price of $4,000 soon.
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September 25, 2017, 03:04:29 PM
 #50

There are possibilities that the price of bitcoin might experience a reduction but it will not have strong dumps or huge dips because the dumps of bitcoin is common but the huge dips are not possible right now and it seems that the price of bitcoin will continue to go up in the next years and it will have downs but it will not become the stopper of the bitcoin.
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September 25, 2017, 03:30:42 PM
 #51

The rise and fall of bitcoin price is unevitable, I cannot say when a fall that would mark would happen, nothing is impossible.
Yes it is an inevitable force that have a reason for it to happen. So for me bitcoin does experience the ups and downs in order for it to experience development and growth in terms on its price and value in the market. It is just take a matter of support and time for it to happen.
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September 25, 2017, 03:38:22 PM
 #52

I think it's possible you'll see a slight reduction in bitcoin. I wouldn't expect a significant drop in the price of bitcoin like pre-2013, but with the upcoming hard fork of bitcoin we'll most likely will see a drop where you can buy in. Just keep in mind that the price of bitcoin will fluctuate and it's normal. 
Don't even matter that it is reduction or pumping it is the right time to buy bitcoin now a days people are investing to earn extra profit and bitcoin is giving them another chance come and invest so what can we say more?
The possible price reductions or dumps is an indeed a chance to come and invest in bitcoin but not all the times, it is a good thing for us because it is sometimes a bad thing for the people who doesn't extra money to buy and they get stuck for buying at the high price. Bitcoin is a really great investment but i hope that the price of bitcoin will not go down hard and i hope that it will stay at the price of $4,000 soon.
All of us bitcoin users do really love to see on increase on its value but knowing that a healthy marker we would really able to see a fluctuation on bitcoins price which is really normal because if we do able to see price increase always on bitcoin it is not already healthy for sure and it would be probably build up by hype.It can anytime crash if all those investors would decide to dump easily.If bitcoin had a strong support it wont crash easily. Price reductions are normal on bitcoin since its one of its feature which is volatile.For now we should spread the awareness of bitcoin so that we can able to help on increase its price in upcoming years to come.

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September 25, 2017, 03:44:35 PM
 #53

If we talk about a 50% decline in the price of Bitcoins in 2015, then I don't think such volatility may be seen at current prices because it's hard to go down all of a sudden from such levels unless a country intervenes and decides to ban their citizens' activities related to Bitcoins. There have been a crisis always that took place in Bitcoins' economy but it always faced and fought it with full force and emerged to a whole new level.

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September 25, 2017, 03:56:25 PM
 #54

Cryptocurrency is volatile so we should expect not only reduction but fluctuation in future there will definitely be price swings .
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September 25, 2017, 04:04:42 PM
 #55

I wouldn't expect a significant drop in the price o bitcoin but there is a possibility for the price of bitcoin to reduce its current amount in the future, because there is a lot of things to consider like the bat news about bitcoin. I think is very possible for the bitcoin price to fall down so it is hard to predicted whether it is going to go up or down
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September 25, 2017, 07:50:35 PM
 #56

I wouldn't expect a significant drop in the price o bitcoin but there is a possibility for the price of bitcoin to reduce its current amount in the future, because there is a lot of things to consider like the bat news about bitcoin. I think is very possible for the bitcoin price to fall down so it is hard to predicted whether it is going to go up or down

It is hard to predict for sure, but some news or market movement surely indicated the possible upward or downward movement of cryptocurrency.
And yes mostly its possible we won't see a significant drop, even if we do we might see it rise as if we take the recent case fork. The price dropeed but within not much time it went up really good.

In 2015 we saw a drop and it reached or crossed its oldest high in 2016 near end. So yes the price seems to be possible of going down significantly. But it might take time but it will rebound for sure.
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September 25, 2017, 07:54:19 PM
 #57

It's hard to say. If we knew that we would all be rich. I do believe that the concept of crypto currency will not go away, and we will have a decentralized  virtual currency in the future. I hope it's bitcoin, and if nothing really bad happens it should be it, and the price will rise a lot. If a new coin comes along, or if something really bad happens and the community loses trust, then BTC will go to zero. Blockchain is amazing, and bitcoin should continue to rise with it. It's value is due to it's potential and the trust it provides for the community. Right now I would put my money on it, and I think the price will rise a lot more.

We can't determine this, whales and governments are doing this currently and once they give up doing manipulation, the price will increse very clearly on the market.
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September 25, 2017, 08:04:04 PM
 #58

The price will absolutely go up and it will go down. The question is when and how much  Wink

At some point we will have a black swan event and BTC (along with the entire crypto market) will crash again, but it will rebuild and come back from the ashes. The tin-foil hat side of me thinks the markets will be manipulated downwards by big financial institutions that missed out on the low prices. They create havoc (FUD, regulations, taxes, etc) and buy when it hits rock bottom.

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September 25, 2017, 09:36:03 PM
 #59

There is a possibility that there will price price reduction in the future when the price was up to the ceiling floor but that will be recovered later on and the price will go up to the moon. The pattern itself will tell us on how bitcoin is doing fine from it's early stage up to this current stage. But bitcoin is volatile and there are a lot of things that are happening because big institutions are aware of bitcoin and it can kill their business so they are doing something unusual and unexpected, we really can't tell.



 

 

 

 

 

 


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September 25, 2017, 09:58:23 PM
 #60

The possibility of a price reduction always exists. Now we can find many rumors, opinions and sepculations about future Bitcoin's price. But at the moment in my opinion the most possible vision is that Bitcoin Cash beat BTC. Why? It is good question for someone more experienced here, but many advisors share with that point of view.
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