Will the price be stable?

[knightmairesaint]

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?

Bitcoin has a very volatile value which means there's always a possibility that its price will change over time. It is also an independent currency which means no government or non-government organizitaion has a power over it. The blocks will only keep on rotating which means there's a least chance of having bitcoin's value getting stabilized in the future.

There is no stability when it comes to cryptocurrencies and we can greatly see it on bitoin. Some people thought that bitcoin will have a stable price between $6K-$7K dollars for the last weeks but recently its price suddenly jumps reaching $8K in few hours.  Bitcoin is nowhere beyond stable that is for sure,  its price might be $7.5K-$8 dollars now but there is no guarantee that it will sit on that price for long,  it might go down again or go higher for the next hours and days. Might as well convert some coins into fiat if you know that you will be needing money for the next days.

[Strannik-74]

the price will never be stable, pumpling and dumpling is normal for crypto price, especially we just experienced a bull market, it need a long time to correct and big waves will happen many times

[ovcijisir]

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?

Bitcoin has a very volatile value which means there's always a possibility that its price will change over time. It is also an independent currency which means no government or non-government organizitaion has a power over it. The blocks will only keep on rotating which means there's a least chance of having bitcoin's value getting stabilized in the future.

There is no stability when it comes to cryptocurrencies and we can greatly see it on bitoin. Some people thought that bitcoin will have a stable price between $6K-$7K dollars for the last weeks but recently its price suddenly jumps reaching $8K in few hours.  Bitcoin is nowhere beyond stable that is for sure,  its price might be $7.5K-$8 dollars now but there is no guarantee that it will sit on that price for long,  it might go down again or go higher for the next hours and days. Might as well convert some coins into fiat if you know that you will be needing money for the next days.

Yes it is hard to say it is stabile with price fluctuations +- 20% in few days. Maybe some day when cryptocurrency will be more eaven distributed we can talk about stability but definitely not in year or two.

[Morticio]

I think so, unless if people will manipulate the price then that's not stable. We all know that crypto market is a volatile market and it's not for new begginners to have a good trade they need to read and understand the overall flow of market.

[chichigirl]

Bitcoin price will not become stable, that is the real quality of bitcoin to go up and down.  We just need to do some timing and improve our skills on how to deal with that movements in trading in order to earn even if bitcoin is not stable.

[dimastegar]

Bitcoin prices will not be stable and will continue to fluctuate. Because Bitcoin prices will continue to follow market demand and traders. And do not forget the miners who play an important role in Bitcoin prices.

[Chicksteen]

Bitcoin price will not become stable, that is the real quality of bitcoin to go up and down.  We just need to do some timing and improve our skills on how to deal with that movements in trading in order to earn even if bitcoin is not stable.

It is the nature of crypto that everyone has to handle wisely. Bitcoin price will never become stable as gold is. The changes in market price is being analyze by individuals to know how they can earn profit on it. It gives opportunity to everyone to take risk of trading and investing with the good coins that has potential to grow.

[gesdan]

its right that amount of bitcoin in the world just 21 Million, if the 21Million already mined, there are 2 possibilities, first the price  will be stable because there are not bitcoin that we can't mine again, and second, the miner of bitcoin will sell it because they can't mining again, and they will try another coin to mine

[kyucryp]

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 not because bitcoin like gold its number is limited whereas the number of requests is always high. this will always make the value of bitcoin fluctuate and have high volatility. and in the future I remain confident that bitcoin will remain the most highly rated and most popular currency.

[chard lie]

Probably not as there will be no more supply. It should increase If the demand remains the same/increase. I wouldn't think much about it though, we would be all dead by then.

[BETAWI]

Probably not as there will be no more supply. It should increase If the demand remains the same. I wouldn't think much about it though, we would be all dead by then.

The limitation of maximum amount of bitcoin will automatically makes the demand  increase easily. May be bitcoin price could be more stable but it will still tend too rise. Nowaday too many traders who trade bitcoin everyday. It makes the volatility even higher, if more holder and bitcoin that exist rather than bitcoin trader then the price will be more stable.

That is all right. Due to limited supply of bitcoin, price will still fluctuate every day because of high demand. But we need regulation to control and support bitcoin in it's operation. This regulation will bring price more stable because people still afraid of bitcoin in term of no underline asset to support it's price. We can buy or invest, hold, sell or transfer to others.That means it can be traded freely based on market mechanism and of course, price move will affected mainly by supply and demand or market mechanism and price might be more stable.

[coin_maker]

Nothing is stable in this World. So the price of BTC will not be stable. But there is nothing worried about BTC. After Market correction it will reverse back soon.

[jozymens7]

Bitcoin price will not be stable because of the imbalance nature of hodlers. Those who hodl majority of bitcoin decide the price of it and this will keep causing the instability in the prices of bitcoin.

[Sithara007]

Probably not as there will be no more supply. It should increase If the demand remains the same/increase. I wouldn't think much about it though, we would be all dead by then.

This is the problem when you are comparing a currency which is protected against inflation with one which is not. A better idea would be to look at the purchasing power. If the total supply is limited, then the chances are that the purchasing power will be stable at some point in the future.

[spooneds1]

It will not be stable, the price of bitcoon depends on the holders and investors. There is nothing to worry about if the price will get low, it will still get higher. Be wise when it comes in selling and buying.

[jjdd2]

I don't think so. On the contrary, I think the value should be higher. The price will rise for some time because demand and supply are being used.

[ICOBountyPrograms]

Not for a while, whales control the price.

[Umar001]

Bitcoin price can not be stable for now, it is digital currency,price frustration  's the nature of bitcoin, the price is always determined by the demand and supply.

[firemagus]

I don't think bitcoin price will ever be stable, or the price of any crypto for that matter. It's just the nature of this asset class.

[warning_btc]

price can be stable when some one regulate him, and manipulating will be punished