Half a million dollars? Forgive me, but i think that you are being very optimistic in there, it is not because i want to be rude against you, but just be realistic mate, that is a huge amount of money and bitcoin is going down everyday.. I do not think that it will touch that amount of money
You haven't knew it who said this and who's the guy that's very optimistic with this speculation? We can't buy on this speculation that bitcoin is possibly to go up at $500,000 on 2020 but who knows if that happens there will be too many people that are rich enough by that time. And the guy who told this before is John McAfee but that was changed now to $1M by that year. 
Topic: Bitcoin $500,000 by 2020 - page 2. (Read 3186 times)
Half a million dollars? Forgive me, but i think that you are being very optimistic in there, it is not because i want to be rude against you, but just be realistic mate, that is a huge amount of money and bitcoin is going down everyday.. I do not think that it will touch that amount of money
Bitcoin’s dominance on cryptos is as low as %33. Big rocket is coming...
Correction, Bitcoin's market cap dominance. Let me tell you something, it will keep dropping as long as altcoins get pumped while Bitcoin remains relatively stagnant within a certain range. People act like it's Bitcoin losing here, but it's just a normal reaction of the market. Money flows into that what is moving. In other words, altcoins are in the spotlights right now, which is why they are growing in market cap. Once Bitcoin is moving again, altcoins will start getting dumped to the ground, like what happened last year when Bitcoin was pumping.
Bitcoin’s dominance on cryptos is as low as %33. Big rocket is coming...
Correction, Bitcoin's market cap dominance. Let me tell you something, it will keep dropping as long as altcoins get pumped while Bitcoin remains relatively stagnant within a certain range. People act like it's Bitcoin losing here, but it's just a normal reaction of the market. Money flows into that what is moving. In other words, altcoins are in the spotlights right now, which is why they are growing in market cap. Once Bitcoin is moving again, altcoins will start getting dumped to the ground, like what happened last year when Bitcoin was pumping.
Bitcoin’s dominance on cryptos is as low as %33. Big rocket is coming...
Correction, Bitcoin's market cap dominance. Let me tell you something, it will keep dropping as long as altcoins get pumped while Bitcoin remains relatively stagnant within a certain range. People act like it's Bitcoin losing here, but it's just a normal reaction of the market. Money flows into that what is moving. In other words, altcoins are in the spotlights right now, which is why they are growing in market cap. Once Bitcoin is moving again, altcoins will start getting dumped to the ground, like what happened last year when Bitcoin was pumping.
The portion of bitcoin share is low but it will try to make 50% next time. Once this happens, bitcoin's price will go to $30k or $35k points firstly. Watch it carefully now until february.
Bitcoin’s dominance on cryptos is as low as %33. Big rocket is coming...
Correction, Bitcoin's market cap dominance. Let me tell you something, it will keep dropping as long as altcoins get pumped while Bitcoin remains relatively stagnant within a certain range. People act like it's Bitcoin losing here, but it's just a normal reaction of the market. Money flows into that what is moving. In other words, altcoins are in the spotlights right now, which is why they are growing in market cap. Once Bitcoin is moving again, altcoins will start getting dumped to the ground, like what happened last year when Bitcoin was pumping.
I don't really think that bitcoin will make it to 500k in 2020, it first needs to rebound back to a support level and then it will be able to grow again.
If you don't think that bitcoin will make at $500,000 on 2020 then you are not the only who thinks this but we can't also speculate that it's impossible to happen. There are speculations before that doesn't even bother to predict that on 2017 bitcoin will reach $5,000 or $10,000 or even $15,000 - $19,000 but it did happened so if there will be surprises for this year we might see some good signs. I don't really think that bitcoin will make it to 500k in 2020, it first needs to rebound back to a support level and then it will be able to grow again.
One thing with btc, never say never. It may seem farfetched right now but bitcoin has showed us a lot of times in the past that it can surprise us. Some whales even believe that 2020 would see bitcoin hit 1million, however ridiculous that sounds like to most of us
Here`s an interesting article.
www.cryptmarkets.com/blog/post/if-you-bought-5-dollars-of-bitcoin-7-years-ago-x3?trkid=705969326C3753473336544B37415A496651715873515F33445F3344&set=1&imte=3c
Thoughts please.
No doubt, the only problem with bitcoin currently is the higher transaction fee and very slow transaction speed. Once these issues are fixed bitcoin will continue its journey from where it stopped. And bitcoin Lightning Network is about to solve the bitcoin transaction problems because it will speed up the bitcoin transaction speed with zero transaction fee. Once the lightning network is fully implemented bitcoin is going back to the track to retain it title, the king of cryptocurrencies. www.cryptmarkets.com/blog/post/if-you-bought-5-dollars-of-bitcoin-7-years-ago-x3?trkid=705969326C3753473336544B37415A496651715873515F33445F3344&set=1&imte=3c
Thoughts please.
There are so many speculations that are coming out. Whether bitcoin can reach $500,000 or something. I think even if bitcoin will not reach that price. It is ok with us as long as it will not loose its value. Because anything can happen in the future.
Here`s an interesting article.
www.cryptmarkets.com/blog/post/if-you-bought-5-dollars-of-bitcoin-7-years-ago-x3?trkid=705969326C3753473336544B37415A496651715873515F33445F3344&set=1&imte=3c
Thoughts please.
I'm not surprised by anything, crypto currency is something fantastic. Thanks you can raise the whole state. Do not be afraid to take risks and invest in them, good luck.www.cryptmarkets.com/blog/post/if-you-bought-5-dollars-of-bitcoin-7-years-ago-x3?trkid=705969326C3753473336544B37415A496651715873515F33445F3344&set=1&imte=3c
Thoughts please.
Anything is possible tbh. Although 500k per BTC would require a ton of investment first. At some point people should realize that some altcoins offer a lot more than BTC...
Some altcoins offer different functionality than bitcoin but there are not many, so while the chances bitcoin reaches that amount of money by 2020 are very low I still think people are going to concentrate most of their money and efforts in bitcoin for a very long time only when bitcoin is more established in the mind of the people we are going to see altcoins finally develop and being adopted as well. 
I definitely dont see that happening by 2020. I think Bitcoin has still a long way to go until we can see prices of this kind (if ever). Im excited for Bitcoin too, but I rather stay realistic than totally overhyped. I would be very surprised if we see $100.000 by 2020. Maybe we will also see $1.000 by that year?!
If really bitcoin manages to takes place of fiat in term of currency (i.e. people use it as a currency to buy goods and services, and not only as an asset), then bitcoin price will raise to 500k$ in the next few years (maybe not 2020 however) for two reasons :
1) bitcoin is taking value
2) fiat are losing value
Meaning that the day bitcoin is worth 500k$, we won't be able to buy as much as we could with 500 k$ today because fiat prices will raise due to 2).
1) bitcoin is taking value
2) fiat are losing value
Meaning that the day bitcoin is worth 500k$, we won't be able to buy as much as we could with 500 k$ today because fiat prices will raise due to 2).
If there would be a world economy inflation of 1000% yeah... maybe.
Bitcoin doesn't depend on that. Sure, it will help pushing Bitcoin forwards even more, but it will just be one of the contributing factors. If we look at how the market responds to the adoption that's picking up slowly but surely, where even institutions are showing high interest in Bitcoin, it's just a matter of time before we demolish the $100,000 level. Also, I do believe that we're not far away from seeing smaller nominations pushing out the BTC nomination. It will help making Bitcoin look less expensive, while in reality it's just people buying smaller fractions of a whole coin. In easy terms, it's not 1 BTC to $500,000, but 1 mBTC to $500.
I would not be surprised at the rate at which bitcoin is going, so I will definitely leave room for any surprise it may bring in coming years. Even though $500000 seems to be a huge one, I can imagine how glad I would be or all of us here right now who have invested in the future would be, if it ends up happening.
Yup definitely, the pace at which it is currently moving its not seems to be tough to hit that milestone value. But to be practical 3 years is a way long time, so its kind off impossible to take a guarantee of the value being hitting on that year. But as per the recent news, probably $100,000 is not far away for sure.
I would not be surprised at the rate at which bitcoin is going, so I will definitely leave room for any surprise it may bring in coming years. Even though $500000 seems to be a huge one, I can imagine how glad I would be or all of us here right now who have invested in the future would be, if it ends up happening.
If there would be a world economy inflation of 1000% yeah... maybe.
Bitcoin will never be $500.000. Not in a hundred years and certainly not in 2 years. The hugh price rise is a pump from the small number of people who own the largest amount of bitcoins. People who are afraid to miss out buy like crazy, thus fulfilling the intention of this small group. But now with bitcoin futures the incredible upswing is over.
We cannot say about it. Bitcoin is very volatile and maybe it can reach like that value in 2020. But that doesn't it mean bitcoin can be top on 2020, there are some cryptocurrency having its potential to gain popularity. We can't tell about it and alter the situation, maybe it may go back to its lowest price.
I always thought that forecasts about the financial market are always thankless, because with almost 100% accuracy, nothing can be predicted. But with respect to Bitcoin, there is such a trend, when almost all are confident in its prospects for the coming years. Jump to: