Money Talk

When will BTC stop going up?

Submitted by WickedTheGod, , Thread ID: 65108

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RE: When will BTC stop going up?

#41
It already did. But will bounce back after new year. Just buy some now that it's cheap!

RE: When will BTC stop going up?

#42
When Central Banks Vanishes or when Bitcoins couldn't be mined anymore. I bet for the second option. Yes Bitcoin will end someday, that's not centralized money where the government just comes and prints more paper.

RE: When will BTC stop going up?

#43
it will not stop growing because it is a limited currency and coin making will stop soon and the supply nee higher rates.

RE: When will BTC stop going up?

#44
People will mine it and it will go downhill...Like with bolivares.

RE: When will BTC stop going up?

#45
What happens next is anyones guess, and most analysts are united only in their uncertainty over the cryptocurrencys future. Bitcoin long ago stopped being useful for actually buying things (partly because of its rocketing value and partly because of achingly-slow transaction times), so the questions facing speculators are: is this a bubble? And if so, when will it burst?

Although the general trend for Bitcoins valuation is only up, the cryptocurrency has been extremely volatile. On November 29th, for example, its value fell 20 percent in less than an hour and half; dropping from over $11,000 a tick above $9000. For true believers, such blips are only temporary, but skeptics caution that any plunge could end up being permanent. After crossing $15,000 earlier today its value quickly dipped down to around $14,800.

Meanwhile, financial experts are struggling to make sense of the phenomenon as a whole. I suggests that the best way to look at Bitcoin is as an absurd video game with no boundaries. Users of other currencies find utility in a stable value. But not here in Bitcoin world. The reality of Bitcoin is that users are also players. And the objective of this game is the highest possible score. But how much higher can it go?

RE: When will BTC stop going up?

#46
It is now droping to 13k from 15k $ . I am really surprised from this rising and decreasing value .

RE: When will BTC stop going up?

#47
Another man's junk is another man's treasure. Just hope you are not that sucker at the other end of the stick.

RE: When will BTC stop going up?

#48
no one knows at this point, what is the point of asking this kind of question?

RE: When will BTC stop going up?

#49
Honestly seeing as how we are in the age of technology, I don't see the demand for BTC going down. Meaning as long as there are still demands made it will continue to grow.

RE: When will BTC stop going up?

#50
I believe bitcoin will continue to go up, but more slowly %-wise in the future. There are many people who work against it and plot how to stop it, but there are also those who support it and have invested in it. Cryptos will not die for at least 2 more years.

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