Post
Topic
Board Beginners & Help
Re: Will Dollar worth 0.0001 BTC one day
by
passwordistaco
on 12/12/2013, 00:39:36 UTC
No one can really predict, but I think that it will surpass even that in time. I think it will continue to grow right up until its mining limit.

It depends. The price depends on a lot of factors, so just because there are less btc to mine doesnt mean the price will go up.

Yes, but mined Bitcoins will have higher value if the difficulty keep rising (or block reward halving and difficulty remain stable)

I will guarantee you that it will stop at around 10k. It wont go past it, because no one is going to pay 1 mil for a bitcoin, people are going to sell wayyyy faster than buy, so the price will start to go down really fast to a reasonable price.
while i have no data to back this up i feel like people are buying whole bitcoins less and less after the $500+ jump and i feel like that trend will only continue as prices go up. and as the earliest adopters sell their stash of bitcoins (which if they are smart they will sell them slowly to gain the most value per coin) the market will dip and continue upward.