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Topic: BITCOIN 1 MILLION in the end 2020? (Read 890 times)

full member
Activity: 821
Merit: 101
March 24, 2019, 06:29:36 PM
Bitcoin going to a million is totally insane, there isnt enough proof / evidence that bitcoin will reach that price it is only a pure speculation, i guess this prediction is only made by those investors who bought btc at 20,000$ .
legendary
Activity: 2100
Merit: 1058
March 24, 2019, 03:59:32 PM
well is this true?,or just another nonsense?

source : https://www.facebook.com/CryptoMinerUK/videos/398644187551622

I'm not familiar with the source, but even if it's a legit source, it's only a prediction, nothing is special here.
I like this kind of prediction as it only prove people are optimistic with the future, and even if the price is low at the moment, they are still here believing this market will eventually change into a bullish one.
Virtually everyone is an holdler of BTC and we are very optimistic about it price increase but in doing so, we don’t have to start playing with figures without fact and not being realistic about our decision, it would not have raised an issue if he didn’t say 2020 which is just by the corner here, in another 9 1/2 months now, we will be welcoming yourself into the new year, what major fundamentals will come to force this year that will make it jump so high from $20k to $50 we are targeting to 1 million dollars.

This type of silly prediction may end up even destroying the market rather than make it because any Lame man will see the system as a joke.
full member
Activity: 742
Merit: 144
March 23, 2019, 07:43:28 PM
Upcoming year is much expected for Cryptocurrency. This is all because of its halving event. Till date on every halving there is good price increase prior to the days of halving or after few days of time. People come with various price predictions, some has mentioned even higher than the same. Let's hope for the best to happen through gradual growth.
They’ve already set a standard with bitcoin, it can create panic as well if there no higher price in the future. I just want to focus on real things and 1million with bitcoin is too good to be true next year. We might make a new all time high next year, but still we have to be objective this time as we learn from the past trends in this market. It is expected to pump but no guarantee at all.
legendary
Activity: 2618
Merit: 1181
March 23, 2019, 07:10:36 PM
Upcoming year is much expected for Cryptocurrency. This is all because of its halving event. Till date on every halving there is good price increase prior to the days of halving or after few days of time. People come with various price predictions, some has mentioned even higher than the same. Let's hope for the best to happen through gradual growth.
As long, it halving and price can be increased. Maybe me will say it is good even whatever price will be. And a lot of people maybe already target in how much price bitcoin will be and they will take decision from that.
hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
March 23, 2019, 04:18:56 PM
Upcoming year is much expected for Cryptocurrency. This is all because of its halving event. Till date on every halving there is good price increase prior to the days of halving or after few days of time. People come with various price predictions, some has mentioned even higher than the same. Let's hope for the best to happen through gradual growth.
hero member
Activity: 1834
Merit: 523
March 23, 2019, 03:33:48 PM
well is this true?,or just another nonsense?

source : https://www.facebook.com/CryptoMinerUK/videos/398644187551622
There are many thoughts about 2020 where in they predicted that bitcoin will rise but not as huge as 1 Million but it's not possible. Sometimes predicting is very helpful to us hodlers or traders. Some predictions are near to its real price. We are now on the 3rd month of 2019 and we can see that it is changing slowly and maybe it is starting to rise or this year is the year of change. Everything changes when it comes to cryptocurrency but we can't blame it because it is normal like an unstable price and it volatility.
Predicting is really helpful for us to decide or to make decision what action will do.  Predicting is one of the part that can cause also for the cryptocoins to increase  and decrease the market. This prediction is good but it's better to predict the price who are possible be reach it.
hero member
Activity: 2898
Merit: 612
March 23, 2019, 02:54:32 AM
well is this true?,or just another nonsense?

source : https://www.facebook.com/CryptoMinerUK/videos/398644187551622

I'm not familiar with the source, but even if it's a legit source, it's only a prediction, nothing is special here.
I like this kind of prediction as it only prove people are optimistic with the future, and even if the price is low at the moment, they are still here believing this market will eventually change into a bullish one.
full member
Activity: 532
Merit: 148
March 22, 2019, 10:46:17 PM
well is this true?,or just another nonsense?

source : https://www.facebook.com/CryptoMinerUK/videos/398644187551622
There are many thoughts about 2020 where in they predicted that bitcoin will rise but not as huge as 1 Million but it's not possible. Sometimes predicting is very helpful to us hodlers or traders. Some predictions are near to its real price. We are now on the 3rd month of 2019 and we can see that it is changing slowly and maybe it is starting to rise or this year is the year of change. Everything changes when it comes to cryptocurrency but we can't blame it because it is normal like an unstable price and it volatility.
full member
Activity: 1638
Merit: 122
March 22, 2019, 06:55:51 PM
~ snip

The reason why people are so optimistic about the price of bitcoin on the year 2020 is that there is a rumor about the upcomming halving . the event said that it can drastically uplift the price of bitcoin and other cryptos to their unatural extent  .  there is nothing impossible in bitcoin because bitcoin do unexpected and shocking things  like for example before where bitcoin is only small but it suddenly pump without anyone noticing   .  same scenario can also happen on the upcomming months , year  .
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
March 22, 2019, 06:11:02 PM
#99
I didn't even feel like clicking on the link since the title itself sounded total bullshit. First of all, it is just a random facebook page claiming that the price will reach 1 million USD within 2020. Second, I don't think they predicted the price based on any reasonable fact. Third, even if they predicted the price based on facts, the market is quite unpredictable, and there is high chance that the price might deviate from what has been predicted.
TL;DL: Just don't blindly believe those predictions. Tons of people out there are predicting price and most of them fail to do so properly.
legendary
Activity: 2898
Merit: 1152
March 22, 2019, 06:02:48 PM
#98
Well, 1 million sounds good and nice, but I don't believe that we will see this price so soon. Even in 10 or more years it can be that Bitcoin does not reach this price. First of all Bitcoin should reach other price hurdles like 50k or 100k, then you can think about 1 million bucks. Until then, all this seems like a wishful thinking to me. Yes, it is possible that Bitcoin will reach this price, but when and if it will really happen nobody knows yet. Most of all, who knows what a million bucks in 10 years is worth. Maybe in 10 years you'll just get a pizza for it.  Cheesy
There will a lot of challenges along the way before we can finally see $1 m = 1 BTC. It might take 5-10 years, we still don't know. So yes, hurdles like $50k-$100k should be our main goal. Only John McAfee predicts that bitcoin will go on to $1 million. lol. Of course, one day we wanted to see that kind of price, but let's all be realistic that we may not see that price in our lifetime.

Or probably 1 BTC = $1m won't happen.  I am optimistic about Bitcoin but I really do not think Bitcoin to reach $1M USD, since I believe Bitcoin will lose its dominance before reaching that amount.  Reason, a new cryptocurrency will possibly emerge to dominate the market due to its scalability, usage and being user friendly.
sr. member
Activity: 2618
Merit: 439
March 22, 2019, 01:23:11 PM
#97
Well, 1 million sounds good and nice, but I don't believe that we will see this price so soon. Even in 10 or more years it can be that Bitcoin does not reach this price. First of all Bitcoin should reach other price hurdles like 50k or 100k, then you can think about 1 million bucks. Until then, all this seems like a wishful thinking to me. Yes, it is possible that Bitcoin will reach this price, but when and if it will really happen nobody knows yet. Most of all, who knows what a million bucks in 10 years is worth. Maybe in 10 years you'll just get a pizza for it.  Cheesy
There will a lot of challenges along the way before we can finally see $1 m = 1 BTC. It might take 5-10 years, we still don't know. So yes, hurdles like $50k-$100k should be our main goal. Only John McAfee predicts that bitcoin will go on to $1 million. lol. Of course, one day we wanted to see that kind of price, but let's all be realistic that we may not see that price in our lifetime.
legendary
Activity: 1988
Merit: 1718
March 22, 2019, 12:21:52 PM
#96
Well, 1 million sounds good and nice, but I don't believe that we will see this price so soon. Even in 10 or more years it can be that Bitcoin does not reach this price. First of all Bitcoin should reach other price hurdles like 50k or 100k, then you can think about 1 million bucks. Until then, all this seems like a wishful thinking to me. Yes, it is possible that Bitcoin will reach this price, but when and if it will really happen nobody knows yet. Most of all, who knows what a million bucks in 10 years is worth. Maybe in 10 years you'll just get a pizza for it.  Cheesy
member
Activity: 314
Merit: 10
“A nexgen decentralized ride hailing ”
March 22, 2019, 08:12:59 AM
#95
People are free to express their opinions, whether bitcoin touches $ 1,000,000 by the end of 2020, or whatever it is, right. Here we learn to keep abreast of the market flow with good expectations and certainly for predictions we cannot fully trust, but learn what makes it increase.
I disagree because currently the new price is in the range of USD 3,900 so to reach the price of USD 1 million miracles are needed many times, exceeding the December 2017 phenomenon.
It is possible that it could happen, but it is better to think logically than to imagine a bitcoin worth USD 1 million, and that does not interfere with the predictable price of bitcoin for 2020. In my opinion the price of bitcoin in 2020 is in the range of USD 5,000 and that in my opinion is very reasonable.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
March 09, 2019, 08:07:11 AM
#94
Once we are able to get a full mainstream acceptance, I think we are going to see the price of bitcoin getting to as high as $1 million and even more.

I say this because the supply of bitcoin is very low which according to the law of demand, will make bitcoin be in more demand than supply, then we might not have to equate the price of bitcoin with the USD anymore but anyone can make purchase with the smallest unit of bitcoin known as satoshi.

Well i don't know if anyone would be willing to buy bitcoin if they price goes beyond even 100 or 200k. That's just me though. I still think anything is possible and what you're saying is also a possibility but i'm almost certain it won't happen in the next 2 years.
hero member
Activity: 1022
Merit: 538
March 09, 2019, 07:14:42 AM
#93
Nothing is impossible as in 2016 the bitcoin price was taking tough time to cross $1000 price and that time when someone predicted that in 2017 bitcoin price will cross $10000 and everyone was making joke but when the price started to move above $10000 every one were feeling sad.

why the heck they would feel sad if the price have already climb up to 10k usd ? they should have feel happy with it because they can now sell thier coins at a maximum rate  . anyway , the title of this thread seems missleading  .

 i wont believe that bitcoin would hit 1million usd at the end of 2019 even if i believe that anything is possible in bitcoin  .   the gap is just too short   . i dont think that bitcoin can accumulate enough adoption that fast .
I guess they were feeling sad because they regretted not listening to that humble investor that advised them to invest when bitcoin was about 1000 usd, I also lost the chance too just that my own investment was when BTC got to 7k and I had to buy little since I couldn’t afford to buy the whole full coin then.

Finally for the speculation of 1 million usd, it is actually impossible for now as you said, it just mere speculation which is also good though, at least it is better than the negative ones going round this net, this might force lots of potential investors to start investing this year and now that BTC is on 3k trend which will in turn push the market out of the bearish trend.
hero member
Activity: 966
Merit: 517
March 08, 2019, 06:17:14 AM
#92
Once we are able to get a full mainstream acceptance, I think we are going to see the price of bitcoin getting to as high as $1 million and even more.

I say this because the supply of bitcoin is very low which according to the law of demand, will make bitcoin be in more demand than supply, then we might not have to equate the price of bitcoin with the USD anymore but anyone can make purchase with the smallest unit of bitcoin known as satoshi.
full member
Activity: 1750
Merit: 118
March 08, 2019, 03:46:35 AM
#91
Nothing is impossible as in 2016 the bitcoin price was taking tough time to cross $1000 price and that time when someone predicted that in 2017 bitcoin price will cross $10000 and everyone was making joke but when the price started to move above $10000 every one were feeling sad.

why the heck they would feel sad if the price have already climb up to 10k usd ? they should have feel happy with it because they can now sell thier coins at a maximum rate  . anyway , the title of this thread seems missleading  .

 i wont believe that bitcoin would hit 1million usd at the end of 2019 even if i believe that anything is possible in bitcoin  .   the gap is just too short   . i dont think that bitcoin can accumulate enough adoption that fast .
member
Activity: 420
Merit: 10
March 08, 2019, 03:18:37 AM
#90
We will see it later and we need to review each period to find out what happened, bitcoin is currently running slowly and giving good hope for the coming year. Hopefully, bitcoin will be able to achieve that value or maybe it can be more because all of this depends on the existing demand and supply.
full member
Activity: 966
Merit: 104
March 07, 2019, 03:36:31 PM
#89
well is this true?,or just another nonsense?

source : https://www.facebook.com/CryptoMinerUK/videos/398644187551622
Bitcoin not only does not reach the price of a million dollars in 2020, it is unlikely to ever reach such a price. I think that its limit is no more than 50,000 dollars, the price is higher than nothing more than a non-real fantasy. Digital money cannot have such a high value. The higher the cost of Bitcoin or another cryptocurrency will rise, the closer the likely collapse of the entire cryptocurrency will be. We hardly need to strive for the very high cost of bitcoin.
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