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Topic: Bitcoin $500,000 by 2020 - page 3. (Read 3212 times)

member
Activity: 168
Merit: 10
December 11, 2017, 06:44:27 AM
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.
sr. member
Activity: 1221
Merit: 250
December 09, 2017, 07:38:48 AM
Everything is possible. Bitcoin can reach $ 500,000, but the price may fall. This can't be predicted.
newbie
Activity: 64
Merit: 0
December 09, 2017, 07:01:14 AM
Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

Unlikely impossible to happen. Bitcoin's supply will be approximately 18 million in 2020. If Bitcoin's price is $500,000 per coin, Bitcoin's market cap would be $9 Trillion. The global GDP will be around $46.75 Trillion in 2020, according to Statistica.

Already lot of Bitcoins are already lost for good, so the available supply would be less than 18 million. Also there are 150 millions of dollar millionaires, if even only 10% of them would get recommendation to buy a bitcoin as safe heaven asset, we are on the way to this target very quickly.
sr. member
Activity: 2016
Merit: 283
December 06, 2017, 03:50:41 AM
as of now we cannot predict if there's a chance that bitcoin valued  can touch down that value in year of 2020.  Causes we all know bitcoin always fluctuated which is there's a chance that the growth rate of bitcoin will collapse and there's a possibilities also to surge until 2020 .. Unless there's no issues that can made a panic selling .Maybe there's a chance that bitcoin valued will rocketed in 2020 but i think not much.
full member
Activity: 994
Merit: 103
December 06, 2017, 03:22:57 AM
well we cant tell it right now ,cause were only at $12k  and $500k is too far from now.
Everything can happen to bitcoin theres a possiblity that it will crash or making its way to the top.
full member
Activity: 210
Merit: 101
December 06, 2017, 03:11:02 AM
Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

I personally feel that it might be too early for.that mark but at the same time looking at the volatility of bitcoin and unexpected price pump I feel anything is possible but it is like a double edged sward one hand we have to deal with banker and regulatory and on the other hand we have other altcoins wh8ch might give tough competition to bitcoin and probably people might prefer other alts which might reduce the demand of bitcoin and lead to reduction in value

Ya won't agree this.The price of bitcoin is keeps on raising,due to their increase of potential.But 500,000 is very high value to reach in 2020.If any double raise of price occur means,even this may happen.
member
Activity: 155
Merit: 21
December 06, 2017, 02:57:15 AM
If Btc keep this rising growth rate (10x/year) in 2018 and half rate in 2019, the price of BTC with be over 500k/BTC for sure, as the price of BTC by end of 2017 will be at least 14k.
Early this year, if anyone said the price of BTC by end of 2017 would be 13k, all people in this forum would say that he is insane or crazy!!! The most optimistic would say it would be 1.5k-3k at most. So we never know what will the price of BTC will be in the future. NO ONE know. NO ONE can speculate exactly. In my opinion, the growth speed of BTC in 2018 will be 13x-15x by year end (150k-180k by 2018 year end).
sr. member
Activity: 623
Merit: 262
December 05, 2017, 05:11:53 PM
Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

I personally feel that it might be too early for.that mark but at the same time looking at the volatility of bitcoin and unexpected price pump I feel anything is possible but it is like a double edged sward one hand we have to deal with banker and regulatory and on the other hand we have other altcoins wh8ch might give tough competition to bitcoin and probably people might prefer other alts which might reduce the demand of bitcoin and lead to reduction in value
full member
Activity: 294
Merit: 100
December 05, 2017, 04:40:10 PM
I think this is possible - because in 2020, $500K is probably worth quite a lot less than today's $500K because most likely we will be experiencing a big economic recession where fiat currency is collapsing against real assets!
full member
Activity: 359
Merit: 100
December 05, 2017, 04:38:08 PM
Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

Unlikely impossible to happen. Bitcoin's supply will be approximately 18 million in 2020. If Bitcoin's price is $500,000 per coin, Bitcoin's market cap would be $9 Trillion. The global GDP will be around $46.75 Trillion in 2020, according to Statistica.
full member
Activity: 360
Merit: 100
December 05, 2017, 04:02:53 PM
Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time
sr. member
Activity: 1330
Merit: 291
December 05, 2017, 03:58:28 PM
Well as far as am i believe Bitcoin value will not $500,000 in 2020 as speculated with this your article but it could be that it will reach $50,000 by the year 2020.
sr. member
Activity: 1313
Merit: 302
December 05, 2017, 12:50:15 PM
yes i think bitcoin should be $500,000 by 2020..If this will happen then it won't be surprising at all. Because bitcoin is increasing day by day so we can hope that bitcoin will be $500,000 in 2020.........So let's see what will happen.

Don't you think 500,000$ per bitcoin is too big the amount and its seems unrealistic to happen in 2020. The only target which i think can be achieved is 100000$ per bitcoin and if this happens in 2020, it will be more sort of a miracle. Things went well in 2017 for bitcoins and now we have to make more growth in 2018 to be able to achieve this high target.

Every thing is possible in bitcoin,I accept that.But 500,000 in 2020 is not at all possible.It may happen in 2025,but not in 2020.I think you are in a day dream.Just give some time for every thing to occur man.
hero member
Activity: 560
Merit: 500
December 05, 2017, 11:13:12 AM
yes i think bitcoin should be $500,000 by 2020..If this will happen then it won't be surprising at all. Because bitcoin is increasing day by day so we can hope that bitcoin will be $500,000 in 2020.........So let's see what will happen.

Don't you think 500,000$ per bitcoin is too big the amount and its seems unrealistic to happen in 2020. The only target which i think can be achieved is 100000$ per bitcoin and if this happens in 2020, it will be more sort of a miracle. Things went well in 2017 for bitcoins and now we have to make more growth in 2018 to be able to achieve this high target.
sr. member
Activity: 532
Merit: 261
­バカ
November 28, 2017, 11:12:32 PM
$30 - $50 is possible but $500k is just a lame joke. Its market cap would be in trillions and that's not possible. No one knows yet who's behind this coin, no one knows about satoshi yet who is he and where he lives.

How that even matters?
legendary
Activity: 2058
Merit: 1015
November 28, 2017, 11:02:02 PM
I don't know, i'm only saying the price is possible to see if it reach the level I'm waiting. Like before, I said if the price will hit $5k, then $10k is possible, if it reach again which is already hitted, $20k is possible, if that happen again $50k is possible imo and so on. That is how I speculate wether it is possible or not until it reaches certain level. I'm not jumping into a bigger price.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
November 28, 2017, 02:43:24 PM
nah.. 500k is too high.. i would shoot for 50k
It may too high for 2020 but add some more years and bitcoin can possible get up to at that rate. 3 years from now there will be a lot of things that can happen but that's too much if we speculate that by that year bitcoin will be 2020. I'm a bitcoin believer but getting serious with these predictions low chance of seeing it but I'm also thinking about those past predictions that we never expected to happen.
sr. member
Activity: 742
Merit: 250
Go Big or Go Home
November 28, 2017, 02:28:18 PM
$30 - $50 is possible but $500k is just a lame joke. Its market cap would be in trillions and that's not possible. No one knows yet who's behind this coin, no one knows about satoshi yet who is he and where he lives.
hero member
Activity: 966
Merit: 535
November 28, 2017, 02:22:14 PM
I believe bitcoin has the potential to go anywhere. Look what it has done already and he far it has come. Almost at $10000 right now s 20x more isn't far fetched especially when it's still 8 years away. We have much to look forward to. Early adopters will enjoy a oavish lifestyle fit for a king. So buy bitcoin now while it's cheap because it can only go up.
full member
Activity: 504
Merit: 100
November 28, 2017, 02:42:40 AM
I don't think bitcoin will reach $500,000. Even if bitcoin is getting higher and higher. It is imposible to reach that value it is too high.
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