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Author Topic: Will the price of bitcoin increase forever?  (Read 8892 times)
pri3oner
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November 26, 2017, 05:08:33 PM
 #61

btc is  the strongest and oldest coin. something huge should happen to affect the increasing of its price. the probability exists anyway, as always, but I dont think so. it'll increase.  Wink

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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bitfon
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November 26, 2017, 05:53:47 PM
 #62

I think the price will always grow, because people will always buy bitkoyn, and investors invest in it money

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November 26, 2017, 06:35:30 PM
 #63

If the current trend continues  and bitcoin survives harsh ecosphere then up till 2042 no of bitcoins circulating will reach there limit value. At that time there will be a boost in its price for some time then it reach a stable value and will stay there with very small volatility like dollar or other currencies.

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November 26, 2017, 06:45:42 PM
 #64

It should increase its value with no cap because only 21 million coins will ever be in existence. Once the 21 million coins have been mined, and more people buy bitcoin, the supply is stagnant but the demand will ever increase, thus the increase in price for bitcoin should happen. 
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November 26, 2017, 07:24:01 PM
 #65

I do not think that bitcoin will continue to grow very long. It should be taken into account that the higher the bitcoin price, the more difficult it will be to invest in it people with low and even average incomes. Therefore, the price growth of bitcoins should slow down over time. If the bulk of the population stops investing in it, the richer people can also be cautious in this regard. The further course of events is unpredictable.
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November 26, 2017, 07:29:39 PM
 #66

Mate Bitcoin right now is consuming enough electricity to provide the needs of a small country, with 10 times more difficulty of mining, we could assume that

Electricity required to mine all the Bitcoins which miners are mining every day to be enough for a big country, that would mean a price of $98,000 per Btc.

What we can't do in the future is consuming more electricity than a big country. cap is around $100K-$120K.
salink
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November 26, 2017, 07:51:48 PM
 #67

Because the amount of bitcoin is limited, as the demand for bitcoin is increasing, it is normal for bitcoin to rise.
Robin789
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November 26, 2017, 08:15:24 PM
 #68

I dont think so. we will see some correction and after correction we will see more growth.
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November 26, 2017, 08:33:19 PM
 #69

btc will rise to double or triple. but like on the stock exchange it can also go downhill fast here. the whales are the problem.
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November 29, 2017, 12:39:15 AM
 #70

If you take into consideration at each halving the block reward is reduced by half, i would say that bitcoin will keep growing with the mining  of new bitcoins, soo  aroud 2100 its when the mining should end, at those period bitcoin will be already a store of value, and well since no more coins it will make it being much more worthing then nowadays, even some believing its overpriced.
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November 29, 2017, 01:11:52 AM
 #71

its increasing as long as the demand and have to make the project bitter and support it
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November 29, 2017, 01:18:01 AM
 #72

As long as there's a law of supply and demand in economics if there's a little supply left the demand was hype in now there are only 6million left bitcoin not mining if bitcoin was fully max of his supply it will increase to his price.
ajiejot
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November 29, 2017, 01:27:05 AM
 #73

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?

You can't say that. There are always ups and downs of crypto currency. Specially bitcoin, since the price of bitcoin now is high, it may do the correction. It may dump or some people make fake news to make bitcoin price decrease.
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November 29, 2017, 01:32:24 AM
 #74

time will tell, now the price for it is unjustifiably overstated, the people buy it, many even without understanding what it is for, explaining only by speculation. But in any case it is growing, and I think you will see 15 and 25 thousand dollars
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November 29, 2017, 02:38:33 AM
 #75

before Bitcoin is recognized by governments in the world, I think Bitcoin cant increase forever. Because some people are aware of the existence of Bitcoin, the goal is only one to increase the funds they invest

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
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November 29, 2017, 02:39:27 AM
 #76

Mass adoption will cause Bitcoin to rise even more at a faster rate as well. So watch out for the big boom!
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November 29, 2017, 02:45:42 AM
 #77

According to its line graph, probably yes. As long as there are more people getting interested in using cryptocurrency there will be more demand and when there is high demand its price will be higher and higher.

gredisgold88
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November 29, 2017, 03:00:39 AM
 #78

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's visible, if you start entering world trading in cryptocurrency, you'll understand how bitcoin or altcoin can have fluctativ values. not only a supply problem, but how the world of bussines start using payments systems with cryptocurrency or fintech .
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November 29, 2017, 03:10:03 AM
 #79

The price of the bitcoins is related to demand from the consumer as long as people demands btc its price will rise as we can see these days that more people are getting interest in bitcoins in return its price is going higher and higher so as long as its buyer are increasing its value will increasing but after a certain limit it will get a standard where it will stop and people will take it as a standard for having digital transaction.
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November 29, 2017, 03:12:32 AM
 #80

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?
maybe yes because the total of supply of bitcoin is limited only so we need to expect that the demand is high the value is continiously to rise and i think this bitcoin if reach $20000 maybe this all cryptocurrency will replaced all curreny in the world.
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