Baggong
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December 03, 2017, 05:26:53 PM |
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Certainly not, because bitcoin is decentralized so sometimes the price drops and it takes at least 1 month for recovery. but the year 2017 is the best bitcoin year as prices have risen to $ 11250.
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Sithara007
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December 03, 2017, 05:27:25 PM |
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To be honest ..you never know..but in a nutshell it will keep on increasing thats why it is the most trusted investment out of all No. It is not going to keep increasing forever. Right now, it is increasing at a rate of close to 3% per day. At this rate, after 3 months we will have an exchange rate of $168,000 per coin, which will take the market cap to $3 trillion (or 1% of the total global wealth). It may reach that level, but 1% of the global wealth is huge. Can a decentralized currency without government backing reach that level?
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salink
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December 03, 2017, 05:38:59 PM |
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I think it will continue to grow but it will not be forever, as the demand and popularity of bitcoin is increasing, the price of it will increase but only to a certain extent. as well as the value of diamonds and gold
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Baijit20
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December 03, 2017, 06:11:03 PM |
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now bitcoin is more popular and demand of bitcoin is increase day by day.but the supply of bitcoin is limited.I think it's not,it wouldn't be forever increasing because it is not stable.
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cryp24x
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December 03, 2017, 06:16:01 PM |
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Definitely Bitcoin will rise but it will not increase forever, but if we are talking about fluctuation (increase and decrese of Bitcoin price ) then it is a loob, a never ending cycle. Meaning it is forever. In price increase, there is always this saturation level where a certain goods reached its limit and stay there, probably it will take a very long time before Bitcoin reach its market limit and price become stagnant, but it will not increase forever.
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Joyceshiroor
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December 03, 2017, 06:44:53 PM |
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I don't think that the price of Bitcoin is going to become stable soon. 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
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CryptoEskimo
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December 03, 2017, 07:23:44 PM |
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bitcoin isnt going down. price will keep raising
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Digitalbitcoin
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December 03, 2017, 07:43:54 PM |
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Till bitcoin stop to generate, price of Bitcoins will be always in up trend. But when it will finish mining by solving all blocks. At that time Bitcoin will be set at fixed price and certain height among all cryptomarket. And at that time other altcoins will works well to offer better service as a payment method.
For finishing of mining till 2130, it will take more years. Bitcoin will set new benchmark and create a history in price hit with new height for exchange against fiat in coming few years.
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Renampun
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December 03, 2017, 07:50:04 PM |
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the price of Bitcoin will not increase forever, it will surely arrive when the price of Bitcoin is set in an Act or set in a mutual agreement...
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szpalata
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December 03, 2017, 07:51:01 PM |
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Definitely Bitcoin will rise but it will not increase forever, but if we are talking about fluctuation (increase and decrese of Bitcoin price ) then it is a loob, a never ending cycle. Meaning it is forever. In price increase, there is always this saturation level where a certain goods reached its limit and stay there, probably it will take a very long time before Bitcoin reach its market limit and price become stagnant, but it will not increase forever.
Well, if there demand for it increases forever then it will increase forever but if we ever get to a saturation point where there is an equilibrium of the demand and supply then there will be stability at that point and the prices might not necessarily rise or fall again.
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devcracker
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December 03, 2017, 07:58:39 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?
No, according to universal statistics every thing has a certain limit for it's value. The value of bitcoin will also get stabled in the future when it will be accepted by the world officially as a mean of trade. Today 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. Stability doesn't mean fixed, it refers to small variation in value like 5-10 % overall.
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dsouzac72
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December 03, 2017, 08:04:53 PM |
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The total number of bitcoins to be mined has already been fixed and there are lots of bitcoins that are still to be mined. It is going to take a long time for all the coins to be mined. So i do not think that there is going to be a steady increase in the price of bitcoin forever. There might definitely be constant increase in the price of bitcoin but it might not stay constant for a long time as at some point there may be drop in the price price of bitcoin.
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angaper
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December 03, 2017, 08:08:51 PM |
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No, I do not believe that the price of bitcoin can be sustained in a continuous increase because there are multiple variables in the economic field that can determine the appreciation or depreciation of an asset. It is impossible to know at this time if in ten years the demand for bitcoins can remain the same as now, when big investors are just beginning to trust bitcoin and the market is relatively new.
Once the market matures, investors make their decisions with greater knowledge of this technology and new altcoins arise even more competitive than the current ones, we could observe a possible drop in the demand for bitcoins with the passage of time.
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asha18
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December 03, 2017, 08:26:05 PM |
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In economics, the price of goods increases if supply is more than supply. So the prices of the goods depend on the demand and supply. As Bitcoin's price is increasing day by day. It is understood that the increase in the price of Bitcoin currently leads to the increase in its demand.
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necromastery
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December 03, 2017, 08:28:13 PM |
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For me bitcoin price should be increase forever, limited supply and seen bitcoin value from 2009 until now continues to increase and more expensive, I thought it will increase as time goes by. Also I never seen bitcoin price fall deeply
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Ahiaba
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December 03, 2017, 08:36:03 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.
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USScrypto
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December 03, 2017, 09:27:11 PM |
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Bitcoin price every day will keep increase because of limited number of coins and very big demand of people, till demand will be high also price will be high. Also will have crashes but Btc will pass them.
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Kezio
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December 03, 2017, 10:23:02 PM |
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Well of course not, what goes up must come down. It's the only natural course of events, but granted it might take a while for that to happen.
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Mike Mayor
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December 03, 2017, 10:30:34 PM |
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With supply and demand, theoretically bitcon should increase untill the most possible users are reached. It doesn't stibthere because the max cap should update also be reached. Meaning the amount if Bitcoibs needed to he transferred for day to day kicbg and buying with bitcoin. Because things get more expensive as the time passes natural inflation will effect Bitcoin like any other currency. There why be anywhere near as many ups and downs in the graph and everything shuod remain stable by that time so long as usbg Bitcoin stays consistent.
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cryptocent94
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December 03, 2017, 10:34:20 PM |
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Nothing last forever although as far as the demand for bitcoin continue to increase so also will the price be increasing
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