Post
Topic
Board Speculation
Re: How long will it be until the bitcoin price to usd starting decreasing?
by
pooya87
on 19/06/2017, 04:47:43 UTC
What I mean was how long will bitcoin keep going up in price of USD which is United States Dollars. I was wondering since it seems to be going up like the stock market once was. When something is going good, there is always a bad side to it

it will continue going up as long as the demand for it is increasing because the supply is fixed (and the new supply is created at a fixed rate which decreases every ~4 years with halving). and the demand is the adoption of bitcoin which is happening.
these crashes you see are only corrections not crash. and they are big only because orderbooks are still thin.