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Author Topic: Will The Price Of Bitcoin Increase Forever?  (Read 1467 times)
totol05 (OP)
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March 20, 2018, 12:30:26 PM
 #1

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
 
batang_bitcoin
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March 20, 2018, 12:37:05 PM
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As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon.  
There's only one man that predicted that bitcoin will reach one million bucks on 2020 and that is John McAfee.
Reference: John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020
As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it.
It's not new that most of us, holders are worried when we see our investment going down.
I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin.
My tip to you is don't be greedy. If there's profit, take it.
So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
Expect that there are pumps but it can't happen forever. Balance market, rise and fall.
Koalamite
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March 20, 2018, 12:37:28 PM
 #3

No one can predict if bitcoin will increase forever.because bitcoin price now is not stable for now but who can say that we never know if bitcoin price will increase or will be stable

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Awraawra
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March 20, 2018, 12:40:37 PM
 #4

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
 
well...in my opinion i will choose that way because if the price of bitcoin will increase forever that's will be the greatest news forever.and no one knows if that could be happen.
bitfocus
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March 20, 2018, 12:42:56 PM
 #5

no one can predict the market and no one will unless that person is either insane or a scammer. But I see bitcoin is on a slow but steady growth and this is good.
jhezmark
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March 20, 2018, 12:45:49 PM
 #6

No one can predict if the bitcoin will increase forever and somehow the bitcoin price are stable and didnt move and all the people use bitcoin they want to increase the price forever and just wait and see what happen in few years if the price of bitcoin will increase or the bitcoin still stable at the same price as now.
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March 20, 2018, 12:48:36 PM
 #7

If the demand of bitcoin continue to increase, then the price will surely increase. the more people exposed to bitcoin the more the price increases.Or if demand continues to increase and supply is constant then Yes.
Dudeperfect
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March 20, 2018, 12:52:48 PM
 #8

There is a logic behind this prediction that as we will not have more than 21 million bitcoins and we have the population of 7 billion, the law of demand and supply will apply if at least 30% of them will get involved with Bitcoin. On the other hand, if there is any negative decision regarding legal aspect from the government, there is a possibility of price fall and hence it is not assured that price will keep increasing forever.
Fazlurkhan.kz
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March 20, 2018, 12:59:08 PM
 #9

The price of bitcoin must become stable at some point when the whole 21 million is in circulation or at least there will be an average value of bitcoin around which it will show a minute increase or decrease.
As an investor, the best way to go is to keep investing only that amount of your money you are willing to lose or won't mind losing. While saving further and invest when there is a major drop because the BITCOIN is a rollercoaster ride and when would it rise or go down is just a surprise to everyone on board. Just keep ignoring all the negative comments you hear about bitcoin and HODL!You will surely have fruitful results in the near future!
nick_nick
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March 20, 2018, 01:02:42 PM
 #10

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
 
I would  be one the most happiest people if bitcoin price will continue to increase to 1M usd. But whether such predictions is going to be realised; hmmmm "time will tell"
w5pn73
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March 20, 2018, 01:04:46 PM
 #11

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
 

Will the demand increase or be there forever? If you think it will you have your answer Wink
De Suga09
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March 20, 2018, 01:06:34 PM
 #12

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
 
In my opinion, the price of bitcoin will not increase forever, its price is so volatile and it always flactuates. It will reach a low price as well as high price but the trend is not always increasing. But I also believe that in 2020, the price of bitcoin will increase compared to that of the price today. I think you should hold for a while and hope that bitcoin price will increase.
samuraijin
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March 20, 2018, 01:12:37 PM
 #13

it will increase at a certain time, I also assume the same with you, 2020 is where halving it will happen and bitcoin will be more difficult to mined I think the price will increase sharper than last year

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talkbitcoin
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March 20, 2018, 01:13:51 PM
 #14

As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. 

if you think bitcoin price will drop then by all means sell your coins and save your investment. that is your responsibility to protect your money and always make the better choices no matter what others say.

but the real question is that do you really think bitcoin will drop or is it just because you read a bunch of FUD and now you are making an emotional decision?

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March 20, 2018, 01:20:43 PM
 #15

There is definitely no such thing in a heavily fluctuating market. Not to mention that there is no such assurance of increase even in traditional fiat currencies in the form of stocks. It is but normal to have price slumps along the way, just that we experience extremes in the market of cryptocurrencies which is definitely the bad side of it. But hang on, you know you do not earn that much in the stock market unless you own billions of shares in it. To be really realistic about it, average joes can be millionaires with having to own Bitcoins only. In the same context, however, you can also lose as much. It all depends on the amount of investment you have poured into it and on proper timing. That is what sets Bitcoin apart from traditional fiat currency because in the latter, you would have to work majority of your lifetime to be where you are, economically speaking.
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March 20, 2018, 01:20:51 PM
 #16

well it could be surpass $20,000 but for reaching to $1 million in 2020 that's impossible to happen. I think bitcoin cannot make it that price because many FUD will coming just another bitcoin struggle will happen and also the high fee people will not use bitcoin anymore.
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March 20, 2018, 01:23:42 PM
 #17

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
 
I believe the facts and not the predictions, I would even like that someone who predicts this took responsibility for their words because people believe and make mistakes)
HanaTenun
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March 20, 2018, 01:24:35 PM
 #18

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
 
maybe in this investment it takes your strategy and you will take the decision because we also know if bitcoin prices can not we predict exactly but we also know how many investors who already get the results and profits from investing with bitcoin


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BTCLovingDude
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March 20, 2018, 01:28:35 PM
 #19

price of nothing can go up forever. there are finite number of people with finite amount of money in the whole world so there is always a max price for everything!!!

but you can say that for a long time, maybe 5 to 10 more years price of bitcoin will continue rising up like this and near the end we will see a "big bang" in the adoption of it where price shoots to the moon for real and then stabilizes there.

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March 20, 2018, 01:35:46 PM
 #20

People assume because Bitcoin is deflationary, it can only go one way. Fiat currency is not deflationary and people keep measuring Bitcoin in fiat. What will happen when you buy Bitcoin with all the fiat money you have, what happens then? You run out of money and you sell your bitcoins.

If the day ever comes that we value goods and services in bitcoins, then even 100 satoshis will become highly valuable due to its purchasing power. Bitcoin will not become valuable long-term as a speculative asset which is what it is today.
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