Post
Topic
Board Speculation
Re: Will the price of bitcoin increase forever?
by
Adioliver
on 30/01/2018, 07:49:12 UTC
Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?
Yes as the number of bitcoins are limited ;this factor can play a role in increasing the value of bitcoin but that's not all there are many other factors also which may lead to the downfall of bitcoins value.
The current state of bitcoin explains it all!!! We all anticipated that bitcoin would soar high above $20k but it didn't happen and now bitcoin has had a great dump from $19k to $11k and the value may drop even more.