Will the price of bitcoin increase forever?

[Swopon]

 bitcoin's price will increase in day by day because of it's high demand.The more and more people are getting into it the more demand will be created.And since it's number is fixed people will need more bitcoin that why it's price will increase forever

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[Jonsnowstark]

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?

Price cap? I don't think so. Given that the supply is the same. And the demand for bitcoin increases, more and more people will want to own a bitcoin. Following the law of supply and demand oh well, of course the price will continually go up.

[barontamago]

As long as there are supporters of bitcoin the demand will rise causing the price to increase. I can't say it would increase forever. Its price increases today because the bitcoin is mainstream but after a year it would slowly increase until it stop or it might decrease.

[odranoel]

Based on current situation worldwide i can say bitcoin is very very fast increasing and it is very amazing especially for us in bitcoinworld and i think it can last a couple of years more but when we say forever, i dont think soo..its depend upon the situation and the only permanent in this world is changes...but i do hope that bitcoin last forver ofcourse

[carlisle1]

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?

nope there will be no price cap for bitcoin or in all cryptocurrencies ,thats why
this is decentralized uncontrollable so who can out cap price?bitcoin price will continue
to grow forever,although sometimes the price will drop a little but will always recover

[Blackwhite69]

Bitcoin will increase every year because it is a natural thing to happen from Bitcoin in creating.

[kiver]

i think bitcoin could reach someday for more stable price just not at the moment when bitcoin become regular and get approved by the governments and more people start to use it and more employers start offring jobs paid in bitcoin that's when bitcoin bitcoin price become more stable it wont go down by any other accident that might happen it will be bullet proof any that's my vision i hope iam right

[quan52395]

I believe it will continue to grow, It will continue to grow until it touches the ceiling of it closer when the amount of bitcoins can no longer be exploited. Bitcoin prices will increase due to the number of people using bitcoin.

[russ26]

We don't know if the the bitcoin value/price will increase forever because everytime there is a change maybe it can increase or also it may decrease there's a limit in everything so we cannot say if bitcoin price will increase forever.

[lehoang3369]

I think nothing is forever. its price has increased promotion does not depend on the development of it and the person using bitcoin. But now I see that bitcoin is gradually developed widely, many people use it

[zuhrilhabib]

I think that many people who join bitcoin may be the price of bitcoin will increase forever and vice versa,

[TonyMark]

The price of the Bitcoin is at one third of its value right now, if the last piece of Bitcoin is mined than its value or the price will be still.

[awawo]

In my own thought I think the answer to that question is yes in as much as the demands for bitcoin continues the price will keep on increasing, there is never a fix price to bitcoin so the price can even increase to any amount even up to a million dollars and nothing will happen.

[Miz]

I think that everything depends on the authorities, as always.

[HabBear]

It should keep increasing as long as there is demand and it should keep on increasing until it hits it's ceiling closer to when the amount of bitcoins are no longer able to be mined and can simply be sent by those who have got bitcoin already.

This comment is confusing the basics of supply and demand.

First, the price should increase if demand continues to grow. In theory, if demand stays constant, stable, then the price will too unless there are changes to supply. Currently the bitcoin supply is inflating because we haven't mined all the coins yet. As such, if demand remains the same and supply is increasing, the price should go down.

Once the coins are mined the effects of demand will be more pronounced because there won't be any increase in supply to dull or accelerate the increase or decrease of demand.

One thing we cannot factor into this equation is the amount of coins that have been lost due to the loss of private keys or general wallet access. We don't know how many coins are in this category, but since they can no longer be traded they have in effect reduced the supply of coins on the market.

[bitkanu]

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?

nope there will be no price cap for bitcoin or in all cryptocurrencies ,thats why
this is decentralized uncontrollable so who can out cap price?bitcoin price will continue
to grow forever,although sometimes the price will drop a little but will always recover

Just I'm thinking that at some point, the price of bitcoin will revert back, maybe in a hundred years ahead when a new more advanced technology developed and released for financial technology.
Bitcoin by that will no more have benefits of being used instead of just an obsolete technology, so at that point, people will selling to move to that other technology and bitcoin will have kinda low amount of value.

[Drakula]

We cant say that it will increase forever but we do believe that its price will continue to go higher each year.

Yes, we cannot say what will be the price of Bitcoin in the future. It may increase but it may also decrease in the future. The conclusion about its price getting higher in the future is possible but also impossible. I'm on the middle since the price is not stable.

[Rj Manik]

I think,It's possible.Because people know about bitcoin old history.There are many people know about bitcoin daily and want to invest on bitcoin.Since bitcoin has a limited then I think it's price always grow.

[Bambinoe]

Bitcoin should keep increasing as the demand on it increases. People are getting more knowledgeable about the crypto space.

[Toxzngx]

bitcoin will not increase forever because so many other coin coins are ready to compete with bitcoin and there may also be a new coin where a new era will come and bitcoin can no longer compete with others, something may happen to bitcoin where the new era will come and the old will drown. but i really hope bitcoin can survive and keep on increasing