I think it's an exaggerated number. Bitcoin marketcap will be 8,352,562,500,000$ and price will be multiplied by over than x50.
2020 is too close and bitcoin can't reach this marketcap only in 2 or 3 years.
Topic: Bitcoin $500,000 by 2020 - page 5. (Read 3199 times)
Bitcoin is the biggest money market now. It all started like a mirage and now it's the biggest thing.I knew about bitcoin in December 2016 then it was about $700 and now it is over $8k. That is over 1100% within 10 - 11 months, It's really massive. So no doubt that by 2020, it will be about $500,000 per bitcoin. Which means that we can still buy now before it turns the biggest digital currency in the entire world.
500k means 50 time increase at the current price. I am really not sure about it, I believe 100k is highly possible, but you cannot under estimate the power of Bitcoin.
Anything is possible here.
Anything is possible here.
And there will not problems with regulations?
I saw an article once where some finance guy explained that with the limited amount of BTC available, 1 BTC could reach between 1 and 3 bln if 10% of the global fiat currency value was represented in BTC.
500 000$ may be exagerated a bit, but consider I was thinking about two years ago that the price of one Bitcoin would be 5000$ by 2025, I frankly do think nothing is impossible in this crazy world.
for sure
I would say : it's as possible as impossible for this surprising currency ; I remember when the community discussed about the 5k $ barrier few months ago , and look at its current price ( near to 10k) . We should also take in consideration the different factors that can influence the price ( the supply, demands, forks...etc ) , I also remember that I read an article ( on Quora forum) saying BTC reaches 100k by 2020 . Hope that will be real
Bitcoin is almost 10K now, I didn't think it would go that fast. I thought Bitcoin would hit 10K at the end of the year. So, that's much faster and 15 to 20K is really possible next year. But 500K, I don't think that will happen in 2020. Even though the demand for Bitcoin is growing day by day. It could be possible that futures will slow down the uptrend and stabilize the price.
Capitalization is growing at a frantic pace, now growing bitcoin, it will continue to flow into altcoins. All this only shows that people are starting to take the world of cryptocurrency!
I think todays price has now really put it up in the air and some people are actually believing it. Bitcoin doubled earlier this year and people were calling for a correction but since then it's just continued to break records.
would be great. Also would really make sense WOuld only be at 10,5 trillion in market cap. WHY NOT!?
Is it because john mcafee says so? Or bill gates? I meen those guys knows what they are talking about for sure!
Is it because john mcafee says so? Or bill gates? I meen those guys knows what they are talking about for sure!
Some types of cryptocurrency can be decent competitors to bitcoin now, I don't think it will last long for the price of 9 thousand dollars.
I think it is possible to hit bitcoin around $5000000 in 2020
This is not advisable since with the release of bitcoin futures, its price stabilizes. 2020 will be worth up to $ 100,000
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...
But those who are investing and speculating with bitcoin are not the technology experts or developers. The big investors and international investment funds are not interested in the issues of scalability, high fees or the convenience of bitcoin to buy cigarettes or coca cola. They care about investing in the most popular asset, which has shown consistent performance over the years, and that can only be offered by bitcoin, that's why every day more speculative capital will enter the market and bitcoin could arrive to $100K even next year despite its great limitations.
This is too much for a speculation because the price of $500,000 is not possible because we only have more than 2 years and it is not even enough to push the price of bitcoin to reach $100,000 so why would we expect some huge price like $500,000 by 2020. We need to lower our expectations to some realistic price.
i really hope that bitcoin will reach to 500k but i also thinking about the fees rate 
if 1 bitcoin = 500k only rich ppl will be able to handle the fees ...
All of us wanted to be rich also are expecting and hoping for bitcoin to get a good price in the future so we can have our own early retirement. I find the current price of bitcoin as something that is acceptable and too high already.if 1 bitcoin = 500k only rich ppl will be able to handle the fees ...
But bitcoin seems to be unstoppable and there are people that are keep on asking for bitcoin to rich for another increase.
As long as the demand is getting higher there's no one can stop bitcoin for reaching new ATH's and I don't want to miss those moments so I'll keep on holding.
i really hope that bitcoin will reach to 500k but i also thinking about the fees rate
if 1 bitcoin = 500k only rich ppl will be able to handle the fees ...
if 1 bitcoin = 500k only rich ppl will be able to handle the fees ...
i think 75000$ +
You can fantasize anything. However, to bitkoyn after two or three years, cost $ 500,000, this is not realistic. In addition, bitokoyn has now become very slow, it shows a number of shortcomings, which for a long time are not eliminated. Now bitkoyin actually grows only at the expense of its popularity, and not at the expense of the opportunities that it possesses as one of the types of crypto currency. In addition, over the past four months, coins have separated from it, which have significant improvements over the original bitcoin. And they have good chances for growth, when people will evaluate the quality of the Crypto currency, and not on the basis of the name. When healthy competition begins between them, it is unlikely that the original bitcoin will significantly rise in price. The future is unpredictable.
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