Post
Topic
Board Speculation
Re: Will The Price Of Bitcoin Increase Forever?
by
Owl_Fintech
on 22/03/2018, 15:28:20 UTC
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?
 
The price is a result of supply and demand.
If demand continues to go up forever, at fixed supply, the price could only go up. However, that's technically impossible, since there isn't an infinite supply of fiat in the world for people to buy it forever.