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Author Topic: Will the price be stable?  (Read 3316 times)
zurc
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February 21, 2018, 03:25:30 PM
 #41

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
It will be more expensive as well because bitcoin supply finite more people will tend to have bitcoin instead of cash due to rising price. It is really hard to predict when the market will be stable again.

bug.lady
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February 21, 2018, 03:25:41 PM
 #42

The mechanism behind limiting the supply is called "halving", when miners' reward for new blocks is decreased by half from that moment on. We had already such an event twice: from 50BTC to 25BTC and then to 12.5BTC per newly mined blocks. It didn't cause any great fluctuations in terms of neither mining capacity nor the price.

As the first two halvings didn't have any noticable impact, and as each new halving concerns less bitcoins than the previous one (and in the future it will be a matter of fractions of bitcoins only),  so I don't expect that there be any impact of those future halvings and in particular the last halving (which will eliminate the reward completely) whatsoever.

heroic25
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February 21, 2018, 03:27:41 PM
 #43

what I think is price will be volatile all the time because its type of currency it cant be stable so when using bitcoin always be careful and well updated about it all the time.

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dashayana
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February 21, 2018, 03:31:32 PM
 #44

I think if the information is correct then bitcoin will be stable because there will be more bitcoin holders rather than bitcoin traders that cause the price of the bitcoin to be more stable. Wink

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February 21, 2018, 03:32:24 PM
 #45

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

i do think that bitcoins price would still continue to grow in the months to come. It is still fluctuating and changes in price would be unpredictable. I would recommend to purchase bitcoin now and wait for it to grow more.

jhayryl
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February 21, 2018, 03:35:46 PM
 #46

said I have found that BTC is at a steady rate of 21m so much more so I have to invest and invite BTC to stabilize it here Smiley
squallw
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February 21, 2018, 03:38:45 PM
 #47

I guess that will be more stable but still volatile like another all premined altcoin.
Well, it will take too long time to mine all bitcoins, estimatives saying that last block will be in the year 2140.
shafi alam
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February 21, 2018, 03:47:38 PM
 #48

i don't have much idea about it i'm hear for wants to know about the comment.
my opinion when bitcoin mining is over then bitcoin demand will increase , and price will be increase .
vv181
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February 21, 2018, 05:53:06 PM
 #49

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

It will take 100 years or more from now till that happens. We will not be alive to see if prices are stable or not.
The volatility of Bitcoin is caused because the technologies are still at early ages and mainstream hasn't not yet able to well-understand the technologies Bitcoin. I believe the lack of maturity from the mainstream about Bitcoin make it's so volatile and prone to any negative sentiment such as FUD. I believe in the future when many people already been well-understood Bitcoin as boringly financial assets, the price will stabilize.
angelomoraaaa
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February 21, 2018, 06:03:06 PM
 #50

I don't think the price will be stay for a while in its state. It is a currency so it really tend to go up or go down. That just how it goes.
Asusnumbaone
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February 21, 2018, 06:19:01 PM
 #51

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
I think it is possible but it depends on different factors like our demands and wants for the bitcoin. If all the bitcoin will be mined it's either the price will be stabilized or the price will continue to grow down. The price may go down because there is a lot of miners of bitcoin in the surface web and if the all the bitcoin be mined then the miners have no reason to mine bitcoin.
Geemy
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February 21, 2018, 06:35:51 PM
 #52

Now the price is fairly stable but if it rises to a new price it will rise more than we expected as it did at the end of the previous year
Aying
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February 21, 2018, 06:41:24 PM
 #53

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
I think it is possible but it depends on different factors like our demands and wants for the bitcoin. If all the bitcoin will be mined it's either the price will be stabilized or the price will continue to grow down. The price may go down because there is a lot of miners of bitcoin in the surface web and if the all the bitcoin be mined then the miners have no reason to mine bitcoin.
Bitcoin is so called volatile since we cannot assured stability of the price as it is not  controlled by someone or a third party nor a government, so there is really no assurance at all, but one thing is for sure it will eventually will rise up in the near future so if we will believe in the power of holding then we will win this game.

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Weeko
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February 21, 2018, 06:46:13 PM
 #54

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
Logically, if the supply of bitcoins ceases to increase, then the price should go up. That's all I can say)
Majharul Saiif
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February 21, 2018, 06:54:15 PM
 #55

Actually not,the price is not stable whatever the price is continuously increasing or decreasing.Sometimes it will increase more which is the attraction for many investors.It normally depends on markets situation such that now it is red.When it will be in green position then the price will increase.

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GeorgiyBilyk
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February 21, 2018, 07:02:35 PM
 #56

Of course, such a sharp jump in prices will not happen when the last bitcoin is extracted! The price after that will stabilize and will grow only due to the increase in capitalization and due to the large development of the market crypts! In any case, bitcoin is not subject to inflation and it can be invested in it!

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Washball
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February 21, 2018, 07:11:40 PM
 #57

With the last bitcoin mined, the price could increase if the demand is growing. With a higher demand, the price will not be stabilized, but it will keep on rising.

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February 21, 2018, 07:17:57 PM
 #58

I think it is possible when marketcap get more money( i dont know how much). But now it is only about 500 mld $
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February 21, 2018, 07:19:28 PM
 #59

The Price won't be stable. It will fluctuate and it is highly volatile
dobladi
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February 21, 2018, 07:25:15 PM
 #60

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
In my opinion, its market value will then be more volatile if the last block of Bitcoin will be mined already because the demand in the market will alao be high and given that its market value is just dependent with the demand, obviously it will make the market value also high. But let's just see how things will go if ever it will happen.

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