FaithETH
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December 03, 2017, 10:41:14 PM |
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It will eventually reach a point where it becomes somewhat more stable, but it will keep rising until that faithful day, which is a really far away future. After that the price will most likely be dictated by the people who still have bitcoins in their wallets.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Zabrielle
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December 03, 2017, 10:42:10 PM |
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Im not so sure sometimes it will fluctuate or go down. So its impossible that the price of bitcoin us fix. Its like a stocks in a stocks market. It was never fix. So be careful when to trade and invest.
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iluvpie60
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December 03, 2017, 11:46:57 PM |
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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 Op, I believe that as the demand will keep on increasing day after day so shall the market value of Bitcoin keep on increasing. But remember that Bitcoin market value Will get to height where its value will remain stable and then , other altcoins will start getting more acceptance world over and that will create a strong competition among them. We still haven't seen even 1% of the world using BTC yet. Once that happens the market cap will have to be really high. If we get to 10% of the entire world has or uses bitcoin the price will have to be worth millions each. It will be the single biggest event in the world(cyrptocurrency) that turns people into millionaires. |
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finzyoj
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December 03, 2017, 11:56:29 PM |
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I think no! there come a certain time when the price of bitcoin will become stable and that is when the issue regarding legality and acceptance of bitcoin in the world market has been settled already. I think like a normal currency bitcoin has a fixed value its just that at this moment a lot of correction is happening and I think sooner the value of bitcoin will become fixed.
Agree with you, we can't predict on what will happen in the future only speculation we have in market due to what we see in the market. Not at all times bitcoin is successful in good result. There is some unexpected events that comes especially in the business. Now the value is continuously in increasing, for me in the future if this will continue most of all businessman was invest in bitcoin that cause of fixing the price. Because they know the price will increase and increase. |
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coin163
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December 04, 2017, 12:06:57 AM |
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In my opinion, it's best if BTC remains the same. It's the anchor, the root. It serves an important function as it is. It shouldn't be used to pay for all goods/services.
So for example, right now fiat is the anchor. All gains in bitcoin or other crypto is measured by it's relation to fiat. All value is only seen as value in relation to fiat.
If crypto is to ever grow to replace fiat, we will need a universal anchor that is not fiat. Bitcoin is the anchor. It's a much better anchor than fiat since it is not controlled by governments and artificial inflation from central bankers.
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ninche
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December 04, 2017, 12:08:26 AM |
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no cause it will die someday
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Indrawan77
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December 04, 2017, 12:25:29 AM |
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No it won't increase forever, bitcoin price is based on the supply and demand, when the demand keep on increasing the price will keep on going up, and the fixed amount is one of the factor that can make bitcoin become more expensive, but when bitcoin already very huge accepted, the value can become stable
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Capt00
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December 04, 2017, 12:38:53 AM |
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Im not so sure sometimes it will fluctuate or go down. So its impossible that the price of bitcoin us fix. Its like a stocks in a stocks market. It was never fix. So be careful when to trade and invest.
That's really a trend of bitcoin in the market and we can certainly ignore it because fluctuation of price will happen any time. But we've just hoping that it will continue increasing and it will gives us a benefit in which, it can be useful in the future. |
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pinkliar
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December 04, 2017, 12:54:29 AM |
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No it won't increase forever, bitcoin price is based on the supply and demand, when the demand keep on increasing the price will keep on going up, and the fixed amount is one of the factor that can make bitcoin become more expensive, but when bitcoin already very huge accepted, the value can become stable
yes that was right it was always depends on the demand on how this make some movement , adoptation also and how long does it may take the supply and people that are make the use of it. |
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earnmoneyonl
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December 04, 2017, 12:55:52 AM |
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It will increase the maximum price then it will be increased by inflation or demand. I do not think i will increase forever, it will be fixed in certain amount of money for sure.  |
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markdario112616
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December 04, 2017, 01:18:23 AM |
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That's what we all expect to happen. But let us consider the fact that this industry is volatile in price will continuously change from time to time and we can't do anything about it. Though, as of the moment since Bitcoin is still at its progressive stage let us hope that the price will continue to increase but still we shouldn't let our guards down and still expect for the worst. Let us not be so confident, one must still be cautious in every actions and decision we may take.
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sonny123
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December 04, 2017, 01:57:55 AM |
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I don't think bitcoin price will increase forever because when time comes and it will come that bitcoin will be accepted worldwide then will be the time when goverments and banks would come in and moderate ir stop its increase. just my opinion
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worldofcoins
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December 04, 2017, 02:02:43 AM |
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no It will not go on forever, but that depends on supply and demand. there will be only 16 million bitcoins in circulation, there were about 5 million bitcoins lost. plus Satoshi stash We are looking at evaluation for .10 cents too 1 dollar per satoshi.
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tanghere1
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December 04, 2017, 02:11:38 AM |
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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, the bitcoin price will go higher and higher every year, the increasing difficulty of mining is one of the factor why it is increasing. |
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ihsanskanzaone
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December 04, 2017, 02:15:50 AM |
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I think know there come a certain time when the price of bitcoin will become stable and that is when the issue regarding legality and acceptance of bitcoin in the wirld market has been settled already. I think like a normal currency bitcoin has a fixed value its just that at this moment a lot of correction is happening and I think sooner the value of bitcoin will become fixed.
I don't think stable is going to happen any time soon. We still have a lot of coins which are able to be mined and a lot of uncertainty with the amount of people investing on a daily basis. bitcoin is an unpredictable currency so to know whether bitcoin prices will stabilize it is not possible because of the increasing number of bitcoin investors around the world that result in very high price increases of bitcoin, so if anyone says that bitcoin has reached its peak it is too early. |
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odakorlina
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December 04, 2017, 02:20:45 AM |
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For now the value of bitcoin is increasing and it's good for us but it's fact that we have to accept that a time will come when it's value will become stable. So I think as long as the demand is increasing, the value of Bitcoin will continue rising but it will not increase forever. Because the price of cryptocurrencies depends solely on the flow of demand and supply.
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MWesterweele
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December 04, 2017, 02:24:53 AM |
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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 Op, I believe that as the demand will keep on increasing day after day so shall the market value of Bitcoin keep on increasing. But remember that Bitcoin market value Will get to height where its value will remain stable and then , other altcoins will start getting more acceptance world over and that will create a strong competition among them. Yes even sometimes is going down but mostly up because of high demand and limited supply, i think it is good sign that bitcoin is proven that there are a lot of people using it and continuously increasing community of bitcoin. And it means bitcoin is good other than cryptocurrency. |
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bayupermana
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December 04, 2017, 02:32:34 AM |
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It is not right to say bitcoin price will encrease forever, rightnow, we all see bitcoin is fluctuating powerfully, it rises and drops everyday, but in general, its trend is rising every month. But in the future, not thing can last forever, bitcoin will become weak, and drop until it die.
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Fasdartin
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December 04, 2017, 02:34:56 AM |
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For now the value of bitcoin is increasing and it's good for us but it's fact that we have to accept that a time will come when it's value will become stable. So I think as long as the demand is increasing, the value of Bitcoin will continue rising but it will not increase forever. Because the price of cryptocurrencies depends solely on the flow of demand and supply.
I think yes becausebit is depends of demand and supply that flow in market, and i think it will increase even more because of bitcoin popularity and a lots of people get interested to it. Even it expensive to buy there's a lot of people will still buying because they know that its value is also increase. |
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Latviand
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December 04, 2017, 02:40:59 AM |
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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 ia awesome that the price of the biycoin now is still rising up and continue to rising but i doubt that the price of the bitcoin is forever always rising its price but its not impossible the bitcoin we know have a state of fluctuating so the value of the bitcoin is difficult to predict what might its value next werk or next month or next year but if the bitcoin have a good in the industry its possibke if the investmentof bitcoin is very good in the economica and the user |
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