Will the price of bitcoin increase forever?

[learner 7]

I also think that bitcoin should reach its limit, it can not grow to infinity. After that, there will be a slight correction. But while I can not determine at what stage of development is bitcoin. But not a baby that's for sure.

[Ilegendph]

Ofcourse not, as you can see the price vs. time graph of bitcoin it is fluctuating at a large degree and if you are referring to larger time scale well it depends on the bitcoin community, the action of governments of every nations toward bitcoin and ofcourse the flow of technology.

[Olalomi]

Definitely the price of bitcoin will stop someday but no one can accurately predict the price cap. people can only predict that the price will keep increasing till it peak at what price range? no answer yet.

[daringdiscovered]

Absolutely yes, as of this writing, Bitcoin fires back into $13,000 peak. This is really insane increase when it will increase forever, a thousand dollars a day is insane.

Right now, bitcoin is back on its price, $9000 per bitcoin, but not exactly $9K, it is ranging from $9K plus. Lucky for those who sold their bitcoins when the price is over $11000 per bitcoin, I bet they buy back right now because it is the right time to do that to have profits on the next PUMP, I missed to sold my bitcoin so I'm just waiting for the next PUMP.

[forbiddenone123]

Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?

It complicated to say what happen to the price of bitcoin it depend to the investor or coming fork if bitcoin increase a lot or slightly , For the value of bitcoin today increase a little bit but slightly decrease because of some issue like correcting the right price or there is coming hard fork.

[knotglazier]

Spikes and crashes are to be expected according to economy- however it will gradually increase in time as there are no signs that its gonna drop off the face of the earth.

[knotnissan]

The value of the Bitcoin will continue to explode, this will reflect contrary to popular belief in the fees and fungibility.

[glowbreathe]

You know bitcoin is going to have spikes and crashes, naturally- but YES it is going to expand and the value is going to continue to increase gradually.

[bajigur894784]

I think not forever, because the current Bitcoin price is actually too high compared to the price that is actually acceptable to its users.
Here we need to know there are several types of Bitcoin users; the two largest groups of which are Speculators and Bitcoin Users.
Speculators are only eyeing profit from the up and down of prices, while Users are those who await buy and buy using Bitcoin.

When the price of Bitcoin peaks to a level that is no longer reasonable or unreachable to the user, then that is a sign of price increase ending and we need to prepare for a decline in prices.

[supandi wiharja]

I don't think bitcoin prices will increase forever, because bitcoin prices are determined depending on demand and supply.
In addition, bitcoin prices can be affected by sellers and buyers, if a lot of bitcoin is sold then the price will definitely go down, and if a lot of bitcoin is purchased then the price will be higher.
If I look at bitcoin values ​​from a few years ago until now, bitcoin values ​​show a significant increase every year, and if i see an increase in bitcoin every year, i think the value of bitcoin in the coming years will always increase.

[Afnan_faizah]

The price of bitcoin increase forever because the amount of it is limited, also there are many people investors who want to invest in bitcoin. People are more considers bitcoin as an asset rather than currency. Deflation is the biggest factors of it.

[ShiroThe5th]

i think it's not. because bitcoin will be decrease and decrease to balance the price or as if the bitcoin are more popular the bitcoin will increase. but it's not absolute.

[SummertimeHeat]

Surely its down to population which controls demand.  When you start thinking on population being the source of demand you start to think about how money of all forms will be replaced one day, just seems so pointless.

[Usui-Chan]

Bitcoin will soon have it's maximum popularity and people will find a way into cryptocurrency and will have a diversity on which altcoins should be the one to replace bitcoin. Bitcoin is like the one who introduced cryptocurrency to the world.

[Funeral Wreaths]

Absolutely yes, as of this writing, Bitcoin fires back into $13,000 peak. This is really insane increase when it will increase forever, a thousand dollars a day is insane.

Right now, bitcoin is back on its price, $9000 per bitcoin, but not exactly $9K, it is ranging from $9K plus. Lucky for those who sold their bitcoins when the price is over $11000 per bitcoin, I bet they buy back right now because it is the right time to do that to have profits on the next PUMP, I missed to sold my bitcoin so I'm just waiting for the next PUMP.

exactly. most of the times, bitcoin traders are just waiting for tge next wave, and i bet they are already gaining big amounts from the previous pump happened, we have to be aware that bitcoin will not stay from its price, most of the times it increase, and there's a time also that it will go down for a while.

[pratik009]

Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?

Yes i think bitcoin price keep grow.As you know that the number of butcoins is fixed.And the btc demand and popularity increasing day by day so the price will definitely grow up.And the btc is the first cryptocurrency and more trustable than any other cryptocurrency so many people want to buy btc and therefore the price will grow up.

[Tamim121]

I think the price of bitcoin increase forever. Increasing rate little or more but bitcoin price must be increase. Bitcoin demand increasing day by day. People use butcoin in many ways and all the countries in the world accept bitcoin. So I think bitcoin price also increase.

[Zekemporium]

Price of bitcoin depends upon its demand and market conditions. Now a days it is growing due to increasing demand to invest in bitcoin. People realised that bitcoin has a power for good returns. Also if bitcoin legalise in all over the world then its price of bitcoin will brecks all limits.

[sulendra12]

i think it's not. because bitcoin will be decrease and decrease to balance the price or as if the bitcoin are more popular the bitcoin will increase. but it's not absolute.

When Bitcoin have bad news like Banning or hacking on big company, the price would be decreased and vice versa when Bitcoin have good news like hard fork and something the price would be increased.

[BlackRacerX]

Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?

I doubt. Even if the the demand is high, if there is no one buying at a certain price point, the price would decrease instead. With that, I can guarantee that the price of bitcoins won't keep going up rather fluctuate. It solely depends on people selling their bitcoins whether the price they stated is expensive or not.