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jseverson
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November 26, 2017, 02:32:43 PM |
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No. That would be fundamentally impossible.
As we know, Bitcoin price is driven by demand. That means increasing demand means increasing value. Demand is finite though, because people are finite. At some point demand will plateau, and maybe then Bitcoin's value could start being stable. That or, some other crypto coin leapfrogs it before then.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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krauzzer02
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November 26, 2017, 02:41:38 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?
There's nothing lasts forever, there will be a time that bitcoin will reach the most stable stage of price, it may happen by the time all the miners mined all the total supply and cap of bitcoin making it more stable or it will be the reverse that continues to increase until it reaches the maximum amount that anyone can never imagine as long as the demand will push further, when the time it reaches the firmly fixed price, it may serve as a good use for a normal currency to buy daily things but the improvements for the micropayments transactions are necesarry to act as a currency, but in the present it is more on investments. |
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heyouyou
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November 26, 2017, 02:46:47 PM |
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Bitcoin is still in development, so the value of bitcoin is not yet set. I think bitcoin can continue to rise. Now more and more people around the world Bitcoin, more and more people know bitcoin. Many people are willing to invest bitcoin. But the number of bitcoin is limited. So the price of bitcoin will continue to rise.  |
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bitcoinmasterlord
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November 26, 2017, 02:50:55 PM |
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Yes I agree with you, because all this time since the founding of bitcoin until now the price is really fantastic hikes, although fork it goes down a bit and from the fork it actually pumps bitcoin price. So can be sure the bitcoin price will continue to rise and continue until the world is over.
The more people who believe in Bitcoin will always be able to increase the price of Bitcoin. When people believe in Bitcoin then they will use Bitcoin, This is the reason that Bitcoin has a chance to have a much higher price than it is today. This is the momentum that will continue to happen all the time, the longer Bitcoin will be more valuable. Your reason is correct bitcoin users are increasing day by day, and people are putting lots of hopes on this coin. But I think the price will not increase forever if it increases then it is only profitable for long time holders. And a new people will not get a chance to buy bitcoins for a less price. So it must come down but don't know when it is going to fall. |
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Xester
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November 26, 2017, 02:52:40 PM |
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We do notnknow about that but we can always speculate. Bitcoin price I think will just continue to goes up since there is a high demand with bitcoin. Many are now using it and investing with it. When time comes that there is a little amount of bitcoin in the circulation, its price would be really high.
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poletando
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PlayGame.com
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November 26, 2017, 02:59:34 PM |
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it will still increasing as long the demand of bitcoin is high and suppy in the market is lower than demand in bitocin, so its make bitcoin price is increasing more and more
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superjeyy
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November 26, 2017, 03:03:40 PM |
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The volatility of Bitcoin is what makes it challenging and very interesting. Losing this trait would make more people have reliance towards this platform which can result to the lost of its value. When you say that Bitcoin will increase forever, it seems that it has to be stable to do so. If it does, it will be advantageous to the long time users or keepers, and a disadvantage to those who wants to obtain Bitcoins as it can be to high to gain. So I guess, Bitcoin price will not increase forever. Maybe someday it will, but for now it will remain in a state of fluctuation.
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lyks15
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November 26, 2017, 03:05:11 PM |
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There is no permanent thing in the world. One philosopher said that the only thing that is permanent in our life is change. So we can apply it on bitcoin we cannot say that bitcoin is increase forever. It depends on stock. It is like a peso or dollar or maybe a gold bar that has no stable value. And it depends on amount of investment of many investors of bitcoin.And it is base at demand and supply,when bitcoin's demand is greater than supply it has a high value,but when it has a greater supply than demand its value may fall down.
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ennovy22
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November 26, 2017, 03:07:50 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?
Yep. Increasing number of demands, Bitcoin price hikes. Day by day new users is always comes and register. They are starting to look for the discussions and will look for signature campaigns. The more users, the more demand. Maybe in the future the bitcoin price will be 3x higher than today's price. Well if another country banned bitcoin maybe it will strike the lower price because of some adjustments but when the time comes it will be high again. |
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spinach98
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November 26, 2017, 03:13:26 PM |
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Bitcoin price wont increase forever because their are times that the value of bitcoin drop but it will not take any longer because it will also increase because the price of bitcoin is volatile but if the price of bitcoin increase we must grab that chance to invest so that we can earn big and get rich,dont wait for its value to drop again so you better be wise if you want to get rich because the high value of bitcoin is not forever but we really hope that bitcoins value will increase forever so that we all get rich.
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Pleione527
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November 26, 2017, 03:15:41 PM |
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Yes I think bitcoin price will continue to increase forever because of the fact that the supply is limited while the demand keeps growing bitcoin has no othet way to sustain the demand unless the price will go higher and as long as many people accepts bitcoin and continue supporting it the value will also continue to grow forever
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Renal
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November 26, 2017, 03:16:01 PM |
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I think bitcoin will continue to increase in terms of the price and development of bitcoin, as well as the increase of investors and bitcoin enthusiasts to invest in bitcoin.
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BrewMaster
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There is trouble abrewing
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November 26, 2017, 03:16:50 PM |
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it is impossible to rise forever. people aren't going to pay large amounts for bitcoin like they won't pay 1 billion billion dollar for 1 bitcoin! so obviously the rise will not last forever.
whenever you want to get a feel of what the future of bitcoin is going to be like, you can take a look at other markets. nothing is exactly like bitcoin but it is a good reference so that you at least see something. for example price of gold did not rise forever, it went higher and higher and then stopped. there are times when it rises again but it is slow and small.
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There is a FOMO brewing...
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hieubigkool
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November 26, 2017, 03:20:34 PM |
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I do not think bitcoin will increase forever
Bitcoins increase or decrease depending on a lot of things like the association between the supply and the legal support of nations
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markleal
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November 26, 2017, 03:20:51 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?
Hi there summer209! It is really hard to define forever. Currently, there are still millions of bitcoin to be mined thus it is not “fixed” based on your idea. I think there is no such thing as price cap of bitcoin especially if you are talking about forever. The price will keep bumping up and down but heading through the north. Most of the people nowadays still no or little idea about the bitcoin conversely establishment still did not use it as a form of legal tender thus we could say that it is still in early stage and a huge potential price hike could happen.  |
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MotulDiesel
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November 26, 2017, 03:23:45 PM |
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Bitcoin will stop increasing price when bitcoin all mined. Everything are grow enough to stable. In general, bitcoin can higher much more but ,in future, it will stable and sometime high up a little depend on the market
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Tyrantt
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November 26, 2017, 03:26:57 PM |
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Yes I agree with you, because all this time since the founding of bitcoin until now the price is really fantastic hikes, although fork it goes down a bit and from the fork it actually pumps bitcoin price. So can be sure the bitcoin price will continue to rise and continue until the world is over.
The more people who believe in Bitcoin will always be able to increase the price of Bitcoin. When people believe in Bitcoin then they will use Bitcoin, This is the reason that Bitcoin has a chance to have a much higher price than it is today. This is the momentum that will continue to happen all the time, the longer Bitcoin will be more valuable. Your reason is correct bitcoin users are increasing day by day, and people are putting lots of hopes on this coin. But I think the price will not increase forever if it increases then it is only profitable for long time holders. And a new people will not get a chance to buy bitcoins for a less price. So it must come down but don't know when it is going to fall. It will be rising with some falls here and there but as the time goes one people will be forgetting or simply losing btc and with the bigger and bigger userbase that will me happening more often. So if bitcoin is still being used after 2100 when the last block is mined, the number of bitcoin will start to decrease. So, with the slow decrease in bitcoin will the price be increasing? So big userbase, high demand, bitcoins getting lost due to forgetting private keys or however, price increasing? Those circumstances just might lead to the price "forever" increasing. |
Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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Dudeperfect
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November 26, 2017, 03:28:40 PM |
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There is no price cap for the Bitcoin so if each and every Bitcoin is destroyed except one, then the price of Satoshi would skyrocket since there will be a single Bitcoin in the entire world. However, I don't see any practical probability of happening anything like it but that's how the market will react when there a scarcity of Bitcoin supply in the market. Thankfully, the price won't rise forever and we will see the level where it will be moving slowly or remain stable and certain corrections will be there to prevent it from happening.
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yamortsac
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November 26, 2017, 03:49:31 PM |
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I think at this moment we can say that bitcoin price increase is forever because it continuously increasing and that's why many investors are interested on it. But it's hard to predict what will happen in the future because there are many factors that can affect the price of bitcoin. And ofcourse we are hoping for the best.
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Trivelius
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November 26, 2017, 03:55:55 PM |
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I think bitcoin will continue to increase in terms of the price and development of bitcoin, as well as the increase of investors and bitcoin enthusiasts to invest in bitcoin.
Well it is difficult to predict about the price of bitcoin, but from the increasing number of bitcoin users it is expected that bitcoin price will continue increasing for a long long time, because currently the bitcoin users are still very low and still it is expected that the bitcoin users will continue increasing because bitcoin is becoming more popular. |
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