Mjeramirez
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December 04, 2017, 02:46:55 AM |
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The price of bitcoin just like any other product/services always governed by the law of supply and demand, since the number of bitcoin in circulation is fixed, and the its demand is ever increasing and becoming more popular, the results should be a continuous increase in its prices. The question is, is it forever? My answer is no because there will come a time where bitcoin will reach full demand capacity.
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0t3p0t
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December 04, 2017, 02:58:23 AM |
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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?
Maybe but I don't think if it would last forever maybe for one's lifetime is more accurate. Everything that is made by humans has an end and I think almost everything because it is just a matter of time. Bitcoin is unstoppable so the best thing we have to do now is invest while it is still hot. It is really a big advantage to those who have capitals because they can buy some and will surely be the first to harvest their profits. They said Bitcoins price will be going 10 times higher 2 years from now so if we have 1 Bitcoin right now it could be ten times the value of today's price on 2019.
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ufaiz50
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December 04, 2017, 03:00:28 AM |
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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?
according to the logic you are saying bitcoin prices will continue to increase as demand grows so there is no price cap for bitcoin. but you have to keep in mind the rise in prices as demand increases and if there is no increase or even drop in demand the bitcoin prices will go down.
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maulana rifai
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December 04, 2017, 03:02:34 AM |
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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?
In my opinion, many people wonder how the Bitcoin price is determined, although today the bitcoin price continues to soar. Bitcoin price is determined by all people who have Bitcoin, so the more users will increase the bitcoin price and maybe bitcoin will continue to increase.
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kriticko29
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December 04, 2017, 03:08:05 AM |
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We cant say that it will increase forever but we do believe that its price will continue to go higher each year.
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mecuaberipro
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December 04, 2017, 03:08:52 AM |
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I think it will, because the supply is limited and the demands are increasing day by day.
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powermagic
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December 04, 2017, 03:13:20 AM |
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I think not, because bitcoin like any other commodity in trade sometimes demand increases and decreases you can see some sites selling and selling its bitcoin always change the price every second, minute, and hour
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notyours
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December 04, 2017, 03:14:51 AM |
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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?
I think it would be possible but for a short time I guess , remember that bitcoin is decentralized coin , either it increases or decrease. As of now the price of it is almost 11k dollars I think. We can predict but we can't say that it will happen maybe in the future , no one knows what will happen , or what happen next. But it's amazing though , yet im shock too , the bitcoin is still rising , it's unstoppable rather. Bitcoin is still rising , growing and growing , bitcoin is still surprising us.
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Psyloc9302003
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December 04, 2017, 03:23:57 AM |
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the price of bitcoin will continue to increase but it will not be forever..as it goes closer and closer to its maximum coins so is its price..there is also acceptance once fully accepted its price might level..it may also go down if there will be an issue of hacking
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josephpogi
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December 04, 2017, 03:44:55 AM |
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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?
i dont know if bitcoin price will going to continue because some goverments still hate this bitcoins they said the this bitcoin is only a scam but i think if all goverments in the world accept this i think the value of bitcoin will increase forever no one can stop in bitcoin if it happens.
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randal9
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December 04, 2017, 04:10:55 AM |
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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?
Maybe but I don't think if it would last forever maybe for one's lifetime is more accurate. Everything that is made by humans has an end and I think almost everything because it is just a matter of time. Bitcoin is unstoppable so the best thing we have to do now is invest while it is still hot. It is really a big advantage to those who have capitals because they can buy some and will surely be the first to harvest their profits. They said Bitcoins price will be going 10 times higher 2 years from now so if we have 1 Bitcoin right now it could be ten times the value of today's price on 2019. the price can't grow forever, but I can't say what heights it will reach...therefore, don't relax
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cipher-x_09
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December 04, 2017, 04:13:32 AM |
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Change is something in which will always occur in bitcoin which is why I think the price increase won't be succeeding its always gonna be a roller coaster ride for bitcoin price because it is something which is not stable because it varies upon the demand of bitcoin and demand of bitcoin is never going to be high day by day it changes from time to time.
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RodneyKings
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December 04, 2017, 04:24:58 AM |
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There's no such thing as forever. The last Bitcoin will be mined eventually so depending on the demand, it'll surely go up if there's a huge demand and probably a lot will be just holding on to their Bitcoins on their wallet. Thank God there are altcoins that serves as an alternative ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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boddy.dy
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December 04, 2017, 04:32:51 AM |
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In this word nothing is fix everything is changing. So in my own opinion I can that the price of bitcoin will not increase forever. Maybe today it rapidly increase its value but somewhat it will decrees. Just like in other business and investment it will come a time of ups and down.
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Man21
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December 04, 2017, 04:33:37 AM |
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For now 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. So I think as long as the demand is increasing, the value of Bitcoin will continue rising but it will not increase forever. Because the price of cryptocurrencies depends solely on the flow of demand and supply.
I think yes becausebit is depends of demand and supply that flow in market, and i think it will increase even more because of bitcoin popularity and a lots of people get interested to it. Even it expensive to buy there's a lot of people will still buying because they know that its value is also increase. If more people interest so price increase. So If more people always interest so price bitcoin will always increase. But if forever, i am not guarantee. Always will come the time when price will down. So not forever in my opinion.
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kimpena
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December 04, 2017, 04:41:17 AM |
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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?
I don't think so. Bitcoin keeps growing, more and more people are getting into it. Its value is one of the reason why many people are getting in to it. But this value is very volatile, it is unpredicted. Its volatility is one of the challenge and exciting things with bitcoin, if it gets a fixed value well there will be no challenge and excitement, I don't even imagine if its get a fixed value will there still ve people who will continue to invest with it? Maybe if its price is high, it will be good for most bitcoiners, but if it gets a low fixed value maybe its population will decrease.
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Sithara007
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December 04, 2017, 04:42:21 AM |
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If more people interest so price increase. So If more people always interest so price bitcoin will always increase. But if forever, i am not guarantee. Always will come the time when price will down. So not forever in my opinion.
There will be a point when those users who purchased their coins at $1,000 or $2,000 per coin decides to do full or partial profit booking. If the demand is not very strong at that point of time, then the exchange rates can crash. This will trigger panic selling, which will pull down the prices even further. But I can't predict the level at which this will occur.
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almightylarvas
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December 04, 2017, 04:43:07 AM |
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It's depend on how many investors will join Bitcoin invesment, more and more people are joining it so i think it's absolutely yes.
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imteaz
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December 04, 2017, 04:45:33 AM |
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More & more people learning about bitcoin everyday due to media, tv, newspaper coverage of price surging, so people easily get into bitcoin and buying from coinbase, which is easy for average people. That's why we see recent surge of the price.
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gakadem
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December 04, 2017, 05:06:48 AM |
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bitcoin prices will continue to rise and will not be unstoppable, there will be no benchmark prices for bitcoin later, bitcoin will rise up and up it's because of its limited supply and bitcoin enthusiasts very rapidly .. bitcoin is rarer than gold ..
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