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Author Topic: IS THERE ANY POSSIBILITY OF A PRICE REDUCTION FOR FUTURE BITCOIN  (Read 2608 times)
knightmairesaint
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October 01, 2017, 05:22:23 AM
 #101

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
Yes.There is possibility. The thing is how big is that chance of happening. Of course we can absolutely say there is no chance of that event.  There are chances, but some are too small to be noticed. Thing occurs unexpectedly, so that might happen. As you noticed, bitcoin's price is unstable. It changes and fluctuates from time to time. When the difference is so small, we don't mind because that's not so big deal. But when that small difference continue to increase, it will gain so much attention and can also cause panic. That thing is same with that chance. That small chance might increase by some factors within tge community. But still, there's no certainty.

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October 01, 2017, 06:02:36 AM
 #102

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
Here this list is directly  showing that what the bitcoin is ! , Here you just collected the data from.google source but here I am seeing the bitcoin since 2013 where nothing was sure for me whether to enter in or not because lots of negative and positive things I seen in this field was rumours .
At that time no one was predicting that price of the bitcoin will go high at this peak.  Because everyone was thinking that bitcoin is not going for high because it has many limitations to use from country to country .
But here the legalisation of bitcoin by many countries shows that what the actual quality bitcoin have and also it is a basic need for us .
Here already the prediction are made by two experienced people in this industry where they said that the price will reach to $10k/btc to the year end 2020 .

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evilgreed
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October 01, 2017, 06:30:48 AM
 #103

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
Here this list is directly  showing that what the bitcoin is ! , Here you just collected the data from.google source but here I am seeing the bitcoin since 2013 where nothing was sure for me whether to enter in or not because lots of negative and positive things I seen in this field was rumours .
At that time no one was predicting that price of the bitcoin will go high at this peak.  Because everyone was thinking that bitcoin is not going for high because it has many limitations to use from country to country .
But here the legalisation of bitcoin by many countries shows that what the actual quality bitcoin have and also it is a basic need for us .
Here already the prediction are made by two experienced people in this industry where they said that the price will reach to $10k/btc to the year end 2020 .


                               And now that bitcoin has starting to bloom, while more and more people knew about bitcoin, several promotions and advertisements have been made, and lots of investors saw a great potential and and starting to realized that they need to invest, that is why the proce now is really high.  I know maybe someday bitcoin will go for a downfall but not totally zero valued, but in the end it will just resurrect again.


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October 01, 2017, 06:49:16 AM
 #104

Yeah it is possible that bitcoin price may decrease more due to china's ban on cryptocurrency exchanges.
Yet their regulation on mining business is not imposed but possibly this incident is being happen in october.
Numerous people are speculating a deflation in cryptocurrency economy directing it to a serious crash.

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October 01, 2017, 06:56:54 AM
 #105

Price reduction and reduction to that extent that it was once started from are two different things.
Yes the value will reduce but not that much ... It might go.. down to 0.5 of its present value but then again... It won't suddenly drop down to the 0.0001 of its present value...
Bitcoins go up and down.. its natural.. and.. price will not get influenced that much because now.. its getting accepted widely... And now more and more people are eager to invest in this... And... More demand pertains to high value...

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...#EndTheFUD...
Sadlife
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October 01, 2017, 07:01:13 AM
 #106

Bitcoin before is not the same as bitcoin today because before is has not establish any solid investors and was just used by criminals in the underground/dark web. Back then it was a popular currency in the dark web's and deepweb's and was being used for transactions to send payment and it is still being used until today but bitcoin already graduated from volatility cause many merchants and institutional investors is involved in this digital currency that is heavily invested countries even started legalizing it.

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bitcoinrays
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October 04, 2017, 10:04:32 AM
 #107

There is always a possibility of it crashing a little bit where you can buy the dip but never more than $500 will it dip. It is getting more stable and more secure so just be grateful that you have a chance to buy below 10k.
There is no need of pondering over whether to invest into bitcoin or not. There is no doubt that we should be thankful to God for getting involved into bitcoin when the prices are damn low as compared to the predicted values of the next year of bitcoin. Bitcoin are going to touch 10k in the next year as they are highly expected to be at 5k dollars by the end of this year.
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October 04, 2017, 10:11:25 AM
 #108

There is always a possibility of it crashing a little bit where you can buy the dip but never more than $500 will it dip. It is getting more stable and more secure so just be grateful that you have a chance to buy below 10k.
There is no need of pondering over whether to invest into bitcoin or not. There is no doubt that we should be thankful to God for getting involved into bitcoin when the prices are damn low as compared to the predicted values of the next year of bitcoin. Bitcoin are going to touch 10k in the next year as they are highly expected to be at 5k dollars by the end of this year.
You are too confident that Bitcoin will double in value in just one year, it is hard to make assumptions without a factual basis in your answer. What I like about you is that you are optimistic about investing in Bitcoin but sometimes the optimism of a person can make him lose a lot of money. It is better to make your trades based on your own analysis and not based on what your gut tells you.

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......Play......
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October 04, 2017, 10:17:29 AM
 #109

Of course it is possible and also quite likely if there is a major shock to the market, eventually BTC will have an ATH that is never reached again.
The prices will not go down so hold for a moment and good time is ahead and then secure profit with both hands and moreover this is the golden chance to invest because prices are bit low and there are a lot of new comers in lane if they start investing market will be at great pump so buy as much as you can and then sell in pump.
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October 04, 2017, 12:18:04 PM
 #110

We can never tell because the market is too volatile anything can happen it might go up or go down. The prices may vary depending on how many dump or pump bitcoins. For as long the investors believes in bitcoin definitely it will not decrease in value and it will continue to rise.

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October 05, 2017, 07:12:19 PM
 #111

We can never tell because the market is too volatile anything can happen it might go up or go down. The prices may vary depending on how many dump or pump bitcoins. For as long the investors believes in bitcoin definitely it will not decrease in value and it will continue to rise.
There is not even 0.001% chance of reduction of prices of bitcoins in future because the price of Bitcoin is going high rapidly and millions of people are investing in bitcoins just because they know that it will never happened to Bitcoin that it will reduce it price Bitcoin will just increase its price.
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October 05, 2017, 07:25:32 PM
 #112

We can never tell because the market is too volatile anything can happen it might go up or go down. The prices may vary depending on how many dump or pump bitcoins. For as long the investors believes in bitcoin definitely it will not decrease in value and it will continue to rise.
There is not even 0.001% chance of reduction of prices of bitcoins in future because the price of Bitcoin is going high rapidly and millions of people are investing in bitcoins just because they know that it will never happened to Bitcoin that it will reduce it price Bitcoin will just increase its price.

I agree with you, even if their is any selling pressure the maximum price it may go down is 2500$ but that also will get recovered soon and price will come back to normal price. So buy it when ever you want to buy it dont see the price because today's price will be tomorrow low price

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October 05, 2017, 08:13:42 PM
 #113

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

The price of Bitcoin will fluctuate as it has in the past. This is also common in the stock market because of supply and demand; earnings; developments; publicly; etc.

The same can be said of Bitcoin because it is subject to the free market maybe even more so than stocks are (exception being government regulations). The price will fluctuate but the hope is that over time, it will have an increase in price as we see it has done over the last few years.
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October 10, 2017, 08:40:02 PM
 #114

as we know, bitcoin price is still having very unusual fluctuations and it’s difficult to guess where it leads making it as a high risk investation land, but I'm sure Bitcoin will recover and its value will keep going to rise even if it fall many times.
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October 10, 2017, 08:47:57 PM
 #115

We've seen time and time again over the years that bitcoin will spike and then fall, it is just the natural volatility that it has, but we can also see that it has a very clear upward trend. Put simply, it will inevitably fall in price again at some point but it will likely recover and reach new highs.

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October 10, 2017, 08:52:58 PM
 #116

Yes its possible. We cannot determine what will be the price of bitcoin wether in the next day or in the future. We can predict but we are not pretty sure if that prediction will happen. As we can see on your statistics bitcoin price before was cheap and now its huge. So theres still possibilty that bitcoin price might decrease or it might increase more.
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October 10, 2017, 09:22:01 PM
 #117

Definetely a possibility. In fact, its almost a given that the price of btc will undergo corrections now and then.So far, the overall trend has been upward and due to various real life events that affect the price such as change in the status of legality or market movements. It is noticable that when the overall world economy is doing well, btc is in doldrums but when the markets are slow,btc appreciates. So, yes, no doubt that there will be corrections in the price sooner or later.
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October 10, 2017, 09:43:24 PM
 #118

Yeah it is possible that bitcoin price may decrease more due to china's ban on cryptocurrency exchanges.
Yet their regulation on mining business is not imposed but possibly this incident is being happen in october.
Numerous people are speculating a deflation in cryptocurrency economy directing it to a serious crash.

Thanks for your opinion sir.
Yeah i know china goverment banning a cryptocurrency exchanges , and bitcoin price was decreased.
This an factor when a country banning a cryptocurrency exchanges will be affected the bitcoin price reduction , but when some country make a legality for bitcoin the price will upraising.
Btw thanks for commented on my topic , CMIIW  Cheesy
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October 10, 2017, 09:45:46 PM
 #119

Yes its possible. We cannot determine what will be the price of bitcoin wether in the next day or in the future. We can predict but we are not pretty sure if that prediction will happen. As we can see on your statistics bitcoin price before was cheap and now its huge. So theres still possibilty that bitcoin price might decrease or it might increase more.

And this reason will make us scare to invest bitcoin , because we cant predict the price will upraising or decrease.
But play safe , dont all in ur money for invest bitcoin , we never know the future bitcoin will be like what  Tongue
Because we know , the price is always not stable , can increasing , and maybe can decreased.   Cheesy
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October 13, 2017, 01:13:49 PM
 #120

it is difficult to determine that in the future bitcoin will decrease because we see the price in the market now that possibility will not happen. a lot of bitcoin enthusiasts now and do not close the possibility will not increase so at least for the future bitcoin will not decrease
I think it depends upon the mining and the demand of the people. If the availability of bitcoin is less and the demand is very high then there is no possibility of the price to reduce in the future. On the other hand if the demand is less and mining is too much then it may possible that the price will reduce in the coming future and it also depends upon the value, market cap and the acceptance as well.
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