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Author Topic: When will its price start being stabilized?  (Read 970 times)
kaggie
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August 28, 2021, 07:09:01 PM
Merited by The Sceptical Chymist (4)
 #41

It will keep growing until demand ends. A simple metric is that it can grow as low as it can fall. If the price went from 40k to 20k, then you can imagine that difference can be added to it -- it can grow up to 60 in a similar time frame.

With an idealist view, you get a much larger number. Higher bitcoin prices require bigger players to buy in, including countries and states. There are relatively few countries who have bought in with the GDPs that match valuations of medium-sized companies. What countries can't agree on easily is trusting other countries, otherwise they would assimilate. Monetary policy is how they differentiate themselves. When larger and larger countries and companies FOMO, then the price will go up.

Bitcoin is the only trustless protocol out there with any substantial value. There may be other alt coins that have 'better tech', but fully globalized on chain solutions to every individual transaction in the world is a stupid idea.  It will not be used on chain for your day to day transactions. What bitcoin brings is public accountability, and that is not only invaluable, but wanted by most people. It is a global and decentralized currency.

Personally, I think bitcoin will eat the world's monetary supply, so will go up many multiples more. It will stabilize after it has reached around that point.
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August 28, 2021, 07:16:18 PM
 #42

I don't think that it will ever stabilize as long as people are demanding Bitcoin. The more demand increases, the higher the price in the end. Let's say that demand is stabilized at some level, then FUDs will have an important role here. If we see new FUDs then, this time the price will start falling down and we will not ever see its being stabilized for a long time. In short, it is really hard to see the price being stabilized as the volatility is in its nature.

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August 28, 2021, 07:24:03 PM
 #43

Take note that as time goes by, more and more Bitcoin would be lost forever and if you consider that, then Bitcoins price is unpredictable at all. There's a possibility that someday, there's only 1,000,000 Bitcoin left in circulation in the whole world. If that happens, could you imagine the price that we are going get at that time? It's pretty unimaginable for me.
inevitable. the price would get through all time high multiple times ...
just the matter of time , a sure thing about bitcoin is that fixed supply and more demand as time goes by.
$100k > $200k and so on, as long as internet exist.

just cant imagine if such thing got disappeared tho , nobody can answer in case crypto inaccessible through internet. any alternatives? you tell me.

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August 28, 2021, 08:11:53 PM
 #44

I don't think that it will ever stabilize as long as people are demanding Bitcoin. The more demand increases, the higher the price in the end. Let's say that demand is stabilized at some level, then FUDs will have an important role here. If we see new FUDs then, this time the price will start falling down and we will not ever see its being stabilized for a long time. In short, it is really hard to see the price being stabilized as the volatility is in its nature.
Bitcoin's price stability i think might be so unpredictable knowing the demand for bitcoin keeps on growing so eventually, its price will also keep increasing. I don't even think we can see stability in the near future because of its high volatility, the price will only have its bulls and bears.

With the recent ATH at $64k, bitcoin is set to reach another ATH maybe before this year ends but as long as bitcoin keeps moving upward, predicting as to what price will its last ATH will never be easy. So just enjoy the ride and keep on striking while the iron is hot.

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August 28, 2021, 09:07:15 PM
 #45

We all keep listening reading every where hold bitcoin as it will keep growing in future as well.

But my question is how much maximum a bitcoin can worth and when ??
What is its max potential and when its price would stop increasing??

I know nothing can be predicted but I just want to hear your views about it.
Actually you have answered yourself through your last paragraph, bitcoin price dont have a bridge in future because it's doesn't have a self control or a particular point that everyone will look upto as a final destination of increment, but from my perspective i only understand that cryptocurrency price keep on accelerating base on the turn of people who adventure into it, and come again it's not under control of anyone.

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August 28, 2021, 09:20:54 PM
 #46

The limited supply, the supply, and demand, also the news that is supporting or even FUD influencing will really determine the price of Bitcoin.
This is not controlled by such kind of regulated management. So, we cannot control the price.
And the volatility of Bitcoin is one of the things why Bitcoin is valuable and also interesting.
There have been stablecoins that are stable, so no need for Bitcoin to be stable  Cheesy

-snip-
No one can predict it accurately.
Every prediction about Bitcoin price will be at a certain period. ANd the prediction may be also changing due to the condition of the price at that time.
So, what you have said also, "nothing can be predicted" is exactly the truth and correctly
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August 28, 2021, 09:31:18 PM
 #47

There's no way to know how much bitcoin would be until it becomes stable and there's not that much fluctuation anymore. I think that its nature of volatility will never be removed from it. Even it reaches the peak that we can expect, there's no way that we'll get to see it stable a little by little by that time.

Because as the usual, we see it at the peak and then later, the dump will come and so on and so forth. So to know how much it would be for it to become is really unknown whether it reaches a million bucks, still nobody can say if it will be stable by that time.

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August 28, 2021, 10:18:15 PM
 #48

There are many predictions about the price of bitcoin. How about this prediction?  Smiley

Quote
#bitcoin stock-to-flow model predicts $ 100K by Christmas, time model (diminishing returns, lengthening cycles) $ 30K. Next months will be key. Note that color overlay is on-chain signal (not time to halving), indicating we are between bottom (blue) and top (red), in line with S2F.

https://twitter.com/100trillionUSD/status/1431149110237831169?s=19

Whatever the most accurate prediction, I will hodl bitcoin for as long as it takes, because it is the beginning of this whole money revolution.
Bitcoin is in position number 9 in the capital market in the world. Why not be part of it?

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August 28, 2021, 11:16:49 PM
 #49

But my question is how much maximum a bitcoin can worth and when ??

supply and demand, if you analyze that there are only a few bitcoins and that there are still thousands of people who have not bought bitcoin and that there are hundreds of rich people who have not bought bitcoin then you can imagine that the price of bitcoin could be much higher in future

What is its max potential and when its price would stop increasing??

the price won't stop going up and of course it won't stop going down either, as I told you that everything depends on supply and demand

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Bagong91
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August 30, 2021, 06:53:48 AM
 #50

We all keep listening reading every where hold bitcoin as it will keep growing in future as well.

But my question is how much maximum a bitcoin can worth and when ??
What is its max potential and when its price would stop increasing??

I know nothing can be predicted but I just want to hear your views about it.

of course we all don't know how much bitcoin will cost for the next few years, and after bitcoin is mined what will happen after that we also don't know, what we know for sure is how we invest bitcoin and get a profit from that investment

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August 30, 2021, 09:16:09 AM
 #51

No one will tell you an accurate prediction. I think that the real price can go up to a million, but in that case a lot of important things have to be observed.
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August 30, 2021, 11:41:29 AM
 #52

We all keep listening reading every where hold bitcoin as it will keep growing in future as well.

But my question is how much maximum a bitcoin can worth and when ??
What is its max potential and when its price would stop increasing??

I know nothing can be predicted but I just want to hear your views about it.

of course we all don't know how much bitcoin will cost for the next few years, and after bitcoin is mined what will happen after that we also don't know, what we know for sure is how we invest bitcoin and get a profit from that investment

Yes, we do not know for sure. The price can increase so high, especially if many countries finally, accepting bitcoin as a payment system and the government allows people to use bitcoin to buy something in a local store. It could happen in the next 10-20-30 years later, but we do not accurately predict time.

Maybe after 1 satoshi can be the same as $1, the price will stop increasing Grin

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August 30, 2021, 03:45:54 PM
 #53

No one can answer precisely your question because bitcoin price is influenced by different entities such as individual investors, firms, institutions and even billionaires. When there are many people participating in buying and selling, they create market, where we see the price of bitcoin rise and drop. Now, everything is depended on the supply and demand theory. The more people need bitcoin, the higher the price bitcoin will be and right now, I see no sign of selling bitcoin, only people who keep buying and storing bitcoin
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August 30, 2021, 04:00:01 PM
 #54

Bitcoin's price stability i think might be so unpredictable knowing the demand for bitcoin keeps on growing so eventually, its price will also keep increasing. I don't even think we can see stability in the near future because of its high volatility, the price will only have its bulls and bears.

With the recent ATH at $64k, bitcoin is set to reach another ATH maybe before this year ends but as long as bitcoin keeps moving upward, predicting as to what price will its last ATH will never be easy. So just enjoy the ride and keep on striking while the iron is hot.

It doesn't just depend on demand, it will also depend on utility. I think if suddenly real Bitcoin users as opposed to pure holders and speculators, dropped or people moved elsewhere, then demand alone won't drive price up.

I don't see it happening for sure, the last chance it had was during the chain splits years ago and people proved they still preferred BTC's security.

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August 30, 2021, 04:30:43 PM
 #55

We don't need price stabilization. We need sharp price rises and falls to earn enough.
I myself do not want price stabilization. Because when the price of bitcoin is stabilized, the price of all other coins will be stabilized. Then the crypto market will come to a standstill.
If the sharp price rises and falls, two things can happen. Either too much profit or too much loss.  Should be ready for both.
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August 31, 2021, 07:16:30 AM
 #56

But my question is how much maximum a bitcoin can worth and when ??
we don't know what the price limit for bitcoin is, some say it could be as high as $500k, or even higher, depending on supply and adoption rate and we certainly don't know when it can be reached. we can only guess and speculate about it.
What is its max potential and when its price would stop increasing??
there is no maximum potential from bitcoin, the more adoption, the higher the potential, and vice versa. the price of bitcoin will stop growing when no one else uses bitcoin, and given the current state of affairs, that seems impossible.

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August 31, 2021, 01:24:49 PM
 #57

Bitcoin volatility will never end, which is the true nature of deflationary decentralized systems.  While regulated portfolios can bind it over time like an ETF to ensure a different level of volatility is accepted, it will not require bitcoin to be stable.  The value of bitcoin is freely accepted from the investment user base, it will not be controlled at any price in order to achieve stability

Right, if the price of bitcoin is stable then it will not make investors interested in investing in bitcoin, the thing that makes bitcoin very attractive is because of price fluctuations that can go up or down 10% in a day, and this provides an opportunity to get big profits or buy at a cheaper price .

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August 31, 2021, 03:07:06 PM
 #58

Bitcoin has a maximum total supply, which when completely mined will be it will increasingly make the price of Bitcoin so expensive as it's supply will become less than it's demand. This is the reason why Bitcoin is termed a store of value or an asset. The price of Bitcoin will be very high as it draws near it's total supply, and this being known by investors, they are pushing in hard to have some parts of it. In terms of how much it will become in the future, that no one knows, and whatever is said now is on prediction or forecast of somewhat. The demand for Bitcoin has risen over the years, and as time goes on, the demand will keeps increasing as new and more investors are taking part in the system.
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August 31, 2021, 03:33:26 PM
 #59

If you mean when the price will stop increasing or decreasing for some time, then it is stabilized these days actually. Because it has a big difficulty in breaking the $50k resistance level. But if you mean a more comprehensive meaning for stabilisation, then it is not very likely to see I think. I rarely witnessed Bitcoin price being stabilized for so many months. Volatility is in its nature.
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August 31, 2021, 03:35:02 PM
 #60

I hope it never stabilizes in a good way of the word meaning.I say so because when the Bitcoin price will stabilize then the people will not be as curious and as interested as they are about Bitcoin right now when Bitcoin price is characterized by a lot of volatility.The fact that Bitcoin price has reached prices like 60.000 dollars and then it has gone down and then up again has made a lot of people at least curious about it.Curiosity is one strong weapon for something like Bitcoin to win more and more worldly market share,so let's hope the price stays both ways and of course let's hope to reach that 100.000 dollars for Christmas.It would be the most perfect Christmas gift for me.

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