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The price is not something that I can say that it is going to be a particular amount or the other since the coin is one that is getting known by many which is really great. I am looking at a situation where it gets to be quite high that you now see Bitcoin as valuable as real currencies of the world.

What I can't understand is what will happen to Bitcoin if it reaches its limits and none is left to mine?  I mean if there's nothing to mine anymore then log dictates that the Bitcoin Network will cease to exist because it's servers would stop processing, noone will get paid anymore right?

  • 5 weeks later...

This question is asked by anyone in the world of crypto-coins, much is speculated about the future of bitcoin, will it be worth $ 100,000 each or will it have its value reduced to zero?
A spreadsheet available on the internet has cataloged, so far, 89 tips from various analysts, experts and sighted for the future price of bitcoin.
Alexandre begins his text saying that the maximum supply of bitcoins is 21 million units. Therefore, the maximum number of people who can have 1 bitcoin will be 21 million people, we currently have 16+ million Bitcoins in circulation, however, the number of people with a balance from 1 bitcoin is less than 16 million, there are wallets that accumulate a good amount of bitcoins, there is still the fact that some units have been lost forever.

  • 3 weeks later...
On 7/4/2018 at 7:56 AM, CARLOSP1 said:

This question is asked by anyone in the world of crypto-coins, much is speculated about the future of bitcoin, will it be worth $ 100,000 each or will it have its value reduced to zero?
A spreadsheet available on the internet has cataloged, so far, 89 tips from various analysts, experts and sighted for the future price of bitcoin.
Alexandre begins his text saying that the maximum supply of bitcoins is 21 million units. Therefore, the maximum number of people who can have 1 bitcoin will be 21 million people, we currently have 16+ million Bitcoins in circulation, however, the number of people with a balance from 1 bitcoin is less than 16 million, there are wallets that accumulate a good amount of bitcoins, there is still the fact that some units have been lost forever.

If 16 million Bitcoins are presently circulated and there's less than 16 million who owns one Bitcoin then it seems a good portion of it may be lost or missing.  Would this affect the value of Bitcoin in the long run?

  • 2 weeks later...
On 7/20/2018 at 7:15 PM, fishbate said:

I think it would increase roughly around 20% more in value going through the end of year. Now that it's gaining again, i guess it would be stable and increasing progressively until the end of the year.

When I posted this thread the price of Bitcoin was $7K now it's at $8K so that's about 12 percent + increase already.  I'm predicting atleast a 50 percent increase from $7K to about $10.5K until the end of the year.

  • 2 months later...

In my opinion, Bitcoin is here to stay. It is slowly gaining popularity even in countries where people thought it was a scam. Therefore, the demand is increasing, which translates to a higher price. Nonetheless, my concern is one. Will the stability of Bitcoin remain? will it be accepted globally in the future? We have to wait and see. 

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