Sum24
Member
 Offline
Activity: 448
Merit: 10
|
 |
December 08, 2017, 09:05:04 PM |
|
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 will Not increase forever. Only until Jesus comes Back. There is a possibility that bitcoin will reached to the highest price because everyone know about bitcoin performance that how it’s going to work not on people around the world but countries and now some rich companies are also going to trust on bitcoin and they respect also bitcoin is basically working day and night which bring bitcoin to the first position and in future bitcoin will be more strong then ever and same its users will be increased. |
|
|
|
|
|
|
|
|
|
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
milkshock100
Member
Offline
Activity: 242
Merit: 14
|
|
December 08, 2017, 09:06:58 PM |
|
yes, because it will always reflect the true rate of inflation which is wildly out of control year on year, as opposed to the rigged, suppressed official version.
|
|
|
|
|
|
fullhdpixel
|
|
December 09, 2017, 07:59:07 AM |
|
Many investors are now seeing bitcoin as commodities that mean. That means they prefer bitcoin more than gold also there is a lot of demand for bitcoin pushing the price of bitcoin high.
Yes, There is no doubt that bitcoin prices are going to increase much more in the coming years because of the same reason you have mentioned i.e. high market demand. At present, not even complete 10% people are using bitcoin and look at its prices, when the whole world or even half of the world will be using bitcoin, we can easily imagine the prices of bitcoin then. It will be the most expensive asset of the world by that time. |
|
|
|
|
Naoko
|
|
December 09, 2017, 11:39:38 AM |
|
nothing can last forever, so the price should stop, or at least reduce the rate of increase...but so far we can enjoy the benefits of great volatility
|
|
|
|
|
|
shalnark
|
|
December 09, 2017, 12:06:54 PM |
|
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.
First of all, forever is a vague and indefinite measure of time, so I think it's not appropiate to use this word for bitcoin discussion. But if you're concern is the continous rise in the value of bitcoin, I think that it still depends upon its usage and impact on the community. As of now, bitcoin continues to be popular, recognized and make impact on the economy. However, there are alot of factors that may affect economy. Thus, it is hard to predict the future outcome of bitcoin. |
|
|
|
|
reinielle26
Member
Offline
Activity: 199
Merit: 10
|
|
December 09, 2017, 12:16:59 PM |
|
Nothing lasts forever  I think it will be higher than it's current value but not forever. Everything goes up and down.  |
|
|
|
|
consbitcoin
Newbie
Offline
Activity: 1
Merit: 0
|
|
December 09, 2017, 12:18:31 PM
Last edit: December 11, 2017, 08:48:49 PM by consbitcoin |
|
They said it. Supply is limited, if demand grows, the price of bitcoin should go up. If the demand lags, it´s expected to go down. |
|
|
|
|
ahmadhidayat27
Member
Offline
Activity: 420
Merit: 10
|
|
December 09, 2017, 12:24:03 PM |
|
Certainly not. The price of bitcoin in the future will reach at a stable point. But for now about 1 to 2 years bitcoin is still fluctuating. So it is still highly recommended to you to start investing your money right now in order to gain an abundant profit.  |
|
|
|
|
bitcoinveda
Member
Offline
Activity: 378
Merit: 10
|
|
December 09, 2017, 12:25:17 PM |
|
Bitcoin will increase every day and every hour until it reaches 1 million per bitcoin and the price may reach very soon
|
|
|
|
|
|
Gotottack
|
|
December 09, 2017, 01:41:12 PM |
|
No it will not, It will stack after the bitcoin is done on its hype but the value will only decrease if there is a tragedy in the market. Today the market is pumping that's why the value is very high and because of that more and more demand in the bitcoins is increasing.
I am a believer that Bitcoin's value will continually increase over time. Of course, I am not saying it cannot suffer price correction or crash for these are normal scenarios in a financial market. You cannot just attribute this characteristic to Bitcoin, you know. Nonetheless, I would like to suppose that the 'hype' you were referring is about supply and demand? For if it is a YES, then I agree with it. But if you were saying it will soon be over just like fashion, I cannot subscribe to such. Please shed some light here. |
|
|
|
|
|
s31joemhar
|
|
December 09, 2017, 07:19:21 PM |
|
Yes, there is no doubt about that. The company and management performs well; therefore the outcome of their hard work and perseverance will result a positive and big effect in the value of bitcoin.
|
|
|
|
|
GreenBits
Legendary
Offline
Activity: 1148
Merit: 1048
|
|
December 09, 2017, 09:51:43 PM |
|
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?
theoretically yes, in a perfect market. this is far from that. simply observe; by your rubric there should be no major regressions. what happened after gox, and what happened after the China rumors? obviously there is a cap, but i will say it is impossible to determine at this point. an aside, we need to make mining more efficient. of course there is a price cap, but to be honest no one has a decent valuation method for it, cuz the overwhelming majority of folks would also be hard pressed to price a bitcoin period. much less a maximum valuation. there is no basis essentially, and those that have attempted to base btc in a fiat value all agree that it is much lower than the current price level so, impossible question, but for a practical answer, when people get tired of the fees, and old heads feel its time to take profit, well, that will be the price cap. |
|
|
|
|
|
bitcoinorcash
|
|
December 09, 2017, 09:57:35 PM |
|
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 guess it is for now but obviously we can texpect this forever i already starting to doubt in bitcoin even i already investing in bitcoin for a long time and know that it will increase its price in the market i still dont invest all of my money in the market because of the hype of skyrocketing price of bitcoin amd also we know that any second it could go down its price. |
|
|
|
|
dotcomwriter
Member
Offline
Activity: 127
Merit: 10
|
|
December 09, 2017, 09:58:29 PM |
|
I think it may reach a point where it is regulated, but that does not mean it's increase is stopped, but the rate at which its value increases just like currencies such as dollar, pound and Euro. They are determined by factors like the global economic occurrences like recession which I think will also have an impact on bitcoin value and price increase in future when it is globally recognized and embraced.
|
For quality cryptocurrency contents, kindly contact me. Thank you.
|
|
|
|
pginvest
|
|
December 09, 2017, 10:00:30 PM |
|
If we could know this for certain it would be very valuable information. I believe that the price - while volatile will rise in the long run - but lets wait and see.
|
Am I spamming? Report me!
|
|
|
codered000
Member
Offline
Activity: 120
Merit: 14
|
|
December 10, 2017, 03:10:06 AM |
|
As long as the demand is high it will always increase in price. But many well known economist are saying that when Bitcoin reached it's peak it will soon go down or burst. I just hope they're wrong.
|
|
|
|
|
|
readygoaw
|
|
December 10, 2017, 04:02:06 PM |
|
Yes, the price of bitcoin will increase forever and because of this many people will get interested here. The value of bitcoin is getting high everyday and you can invest here a big money. You can buy Bitcoin if the price is decreased, and you can sell it when the price is increase. Bitcoin can really help in our life problem.
Yesterday I read the predictions of some financial experts. They suppose that Bitcoin can reach the 60K dollars target, and then China and Russia will do everything to let it fall to its price in January, 2017 when it was a thousand. In my opinion, it should grow as the number if BTC is limited. |
|
|
|
|
sr32703
Full Member
Offline
Activity: 560
Merit: 104
Eloncoin.org - Mars, here we come!
|
|
December 10, 2017, 04:16:05 PM |
|
Actually, I am not sure will the price of bitcoin increase forever but bitcoin increase day by day. bitcoin increase depend on demand.
|
|
|
|
THAHIRHAJI
Member
Offline
Activity: 112
Merit: 10
|
|
December 10, 2017, 04:21:56 PM |
|
Nothing is guaranteed and predicted perfectly, then how you can say that bitcoin increase for ever it is not possible also it can be in correction mode for few days, so ups and down is common and we should keep our mindset logically and should not panic about anything in the market happen.
|
|
|
|
nemesis_
Member
Offline
Activity: 182
Merit: 10
|
|
December 12, 2017, 12:56:30 PM |
|
Like any other type of currencies, bitcoin is also not that stable. It might shoot up in value in no time but it will also fall as fast as it rises. If people still use it and the number of investors increases more in the future, it might really go a long way. Also, if it will develop more in the years to come, bitcoin increasing astronomically is possible.
|
|
|
|
|
