Bitcoin in 2020 - page 4. | Bitcointalksearch.org

Xitisang

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Quote from: nururochac on July 18, 2016, 05:06:18 AM

Quote from: TrueCryptonaire on July 17, 2016, 06:39:53 AM

Quote from: Hamstead on July 17, 2016, 05:19:18 AM

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I think bitcoin has currently around that number and personally I am expecting it to rise due to the rising price which attracts more people who will in turn cause more price rise. It is like a loop and will continue as long as it is let continued. Usually someone just organize some kind of temporal crisis that will make people panic selling their coins and the price drops (like Gox).

Bitcoin is currently on 3 million total of users. (Check it here: https://www.reddit.com/r/Bitcoin/comments/2vuvxs/estimated_number_of_bitcoin_users/)

According to amnesiac-eightyfour
Bitcoin owners: probably 2-3 million
Bitcoin users (actively spending, trading, following news): 200k-500k

The (pseudonymous) character of Bitcoin doesn't allow us to make exact figures, so all figures in this thread, including mine, are just guesses or assumptions.
I think in the end it's not so important how many people use Bitcoin. More important is if the infrastructure is getting stronger and if the network activity is growing. I think all indicators show that's true.

I think the active bitcoin users are fewer than 100,000. If there are more than that, and each has more than 2 transactions per day, there will be huge congestion.

nururochac

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Quote from: TrueCryptonaire on July 17, 2016, 06:39:53 AM

Quote from: Hamstead on July 17, 2016, 05:19:18 AM

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I think bitcoin has currently around that number and personally I am expecting it to rise due to the rising price which attracts more people who will in turn cause more price rise. It is like a loop and will continue as long as it is let continued. Usually someone just organize some kind of temporal crisis that will make people panic selling their coins and the price drops (like Gox).

Bitcoin is currently on 3 million total of users. (Check it here: https://www.reddit.com/r/Bitcoin/comments/2vuvxs/estimated_number_of_bitcoin_users/)

According to amnesiac-eightyfour
Bitcoin owners: probably 2-3 million
Bitcoin users (actively spending, trading, following news): 200k-500k

The (pseudonymous) character of Bitcoin doesn't allow us to make exact figures, so all figures in this thread, including mine, are just guesses or assumptions.
I think in the end it's not so important how many people use Bitcoin. More important is if the infrastructure is getting stronger and if the network activity is growing. I think all indicators show that's true.

diegz

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Quote from: Osarman on July 18, 2016, 02:37:31 AM

bitcoin will be going to more high price in 2020 it can be possible that bitcoin can hit 10,000 but it will take too long time .

2020 is 4 years from now, if you know what I am saying.. There is again a possibility of a larger price increase, much larger than today since it is already 2020 and the bitcoin community is much much bigger than it is now and the demand too is much greater, so a high price is expected to happen at that year.

Osarman

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bitcoin will be going to more high price in 2020 it can be possible that bitcoin can hit 10,000 but it will take too long time .

azguard

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Quote from: Ryananda on July 17, 2016, 11:56:42 PM

Quote from: Dux2K on July 17, 2016, 03:11:49 PM

Quote from: pissedoff on July 17, 2016, 10:50:14 AM

Quote from: Wind_FURY on July 17, 2016, 09:04:36 AM

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.

The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

It will be more the 1000 in 2020 but this may not be true
We are still few days from halving so this is only speculation

Very true indeed very difficult to guess the price of bitcoin as surely fluctuated every time. Very difficult to guess the price of bitcoin. But I believe in 2020 the price of bitcoin will be better and will continue to grow.

well if we putt everything so far it is for sure that price will be over 1000 in 2020
question is how much exactly at the moment of reaching 2020 year
think that no ove can speculate or guess right we can only guess range maybe

Wind_FURY

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Quote from: pissedoff on July 17, 2016, 10:50:14 AM

Quote from: Wind_FURY on July 17, 2016, 09:04:36 AM

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.

The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

Why is everyone concerned with bitcoin being in a bubble? Or the halving affecting the price. That is very short sighted. We are all here interested in bitcoin because of its huge potential in the world of finance. Do you think the Winklevoss twins are investing in it just to see it go over $1000? No, they are invested because they believe in will explode to over a trillion usd market cap. Now is over a trillion market cap a bubble?

Ryananda

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Quote from: Dux2K on July 17, 2016, 03:11:49 PM

Quote from: pissedoff on July 17, 2016, 10:50:14 AM

Quote from: Wind_FURY on July 17, 2016, 09:04:36 AM

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.

The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

It will be more the 1000 in 2020 but this may not be true
We are still few days from halving so this is only speculation

Very true indeed very difficult to guess the price of bitcoin as surely fluctuated every time. Very difficult to guess the price of bitcoin. But I believe in 2020 the price of bitcoin will be better and will continue to grow.

Dux2K

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Quote from: pissedoff on July 17, 2016, 10:50:14 AM

Quote from: Wind_FURY on July 17, 2016, 09:04:36 AM

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.

The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

It will be more the 1000 in 2020 but this may not be true
We are still few days from halving so this is only speculation

TrueCryptonaire

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Quote from: skyway1 on July 17, 2016, 02:52:08 PM

Quote from: martinacar on July 17, 2016, 08:46:13 AM

Quote from: Hamstead on July 17, 2016, 05:19:18 AM

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I am not sure where this figures are coming from, since there hardly seems to be figures available about the amount of users.
Key is adoption. If that grows, the price grows.

i agree with you but maximum people are aware about bitcoin day by day that what is bitcoin and whats the benefits of bitcoin and maximum people want to invest their money in bitcoin than i hope so bitcoin growing its price faster .

For the most people it takes time to study bitcoin, so expect from publicity to 12 months to see adaption. Therefore last cycle was in part. First from 13-265 usd which made headlines to newspapers. Then summer 2013 was consolidation and people who read the headlines started studying bitcoin and once they were ready to buy in, the price rose from 70 usd to 1200 usd.

skyway1

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Quote from: martinacar on July 17, 2016, 08:46:13 AM

Quote from: Hamstead on July 17, 2016, 05:19:18 AM

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I am not sure where this figures are coming from, since there hardly seems to be figures available about the amount of users.
Key is adoption. If that grows, the price grows.

i agree with you but maximum people are aware about bitcoin day by day that what is bitcoin and whats the benefits of bitcoin and maximum people want to invest their money in bitcoin than i hope so bitcoin growing its price faster .

pissedoff

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Quote from: Wind_FURY on July 17, 2016, 09:04:36 AM

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.

The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

Wind_FURY

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If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.

martinacar

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Quote from: Hamstead on July 17, 2016, 05:19:18 AM

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I am not sure where this figures are coming from, since there hardly seems to be figures available about the amount of users.
Key is adoption. If that grows, the price grows.

TrueCryptonaire

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Quote from: Hamstead on July 17, 2016, 05:19:18 AM

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I think bitcoin has currently around that number and personally I am expecting it to rise due to the rising price which attracts more people who will in turn cause more price rise. It is like a loop and will continue as long as it is let continued. Usually someone just organize some kind of temporal crisis that will make people panic selling their coins and the price drops (like Gox).

Hamstead

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Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

Ryananda

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Quote from: elite3000 on July 16, 2016, 04:34:33 PM

2020 is 4 years from now.

In 2012, could you predict the current situation?

I won't even try

It is very difficult to predict in 2020 because it was still long. Moreover bitcoin crypto also experiencing fluctuations so it is impossible to predict in advance. But I hope the year 2020 will develop well bitcoin.

elite3000

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2020 is 4 years from now.

In 2012, could you predict the current situation?

I won't even try

martinacar

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Quote from: universe_ on July 16, 2016, 12:36:51 PM

Quote from: Dentidan on July 15, 2016, 02:29:05 AM

Quote from: CroSany on July 14, 2016, 05:18:46 PM

I think that bitcoin price per piece will be from 2000 to 5000$ er piece because bitcoin price is growing now really slow and halving bitcoin price per piece will be more often in future 100% I am really sure.

I think the price could be 10 to 20 times higher than now, so the price could be between $5000 to $10000.

yeah, it is really possible that the price is going to go up that much in the future for sure, i think we might see even bigger growths if we will be able to adopt bitcoin faster

10 times is too much but the price should easily get to 1.5k if I am not wrong. But it will depend on how much adoption bitcoin will get.
It's mandatory for the succes for bitcoin.

universe_

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Quote from: Dentidan on July 15, 2016, 02:29:05 AM

Quote from: CroSany on July 14, 2016, 05:18:46 PM

I think that bitcoin price per piece will be from 2000 to 5000$ er piece because bitcoin price is growing now really slow and halving bitcoin price per piece will be more often in future 100% I am really sure.

I think the price could be 10 to 20 times higher than now, so the price could be between $5000 to $10000.

yeah, it is really possible that the price is going to go up that much in the future for sure, i think we might see even bigger growths if we will be able to adopt bitcoin faster

socks435

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Quote from: azguard on July 16, 2016, 06:18:57 AM

Quote from: Dentidan on July 15, 2016, 02:29:05 AM

Quote from: CroSany on July 14, 2016, 05:18:46 PM

I think that bitcoin price per piece will be from 2000 to 5000$ er piece because bitcoin price is growing now really slow and halving bitcoin price per piece will be more often in future 100% I am really sure.

I think the price could be 10 to 20 times higher than now, so the price could be between $5000 to $10000.

quite optimistic price you expect but hard in any way to happen
maybe just touching 5k price as max but not higher

I think the truth is we dont know what will happen in bitcoin and maybe the price after 2020 is more than you think..
So this si just speculation anytime it can be possible because bitcoin still not use all people..

Topic: Bitcoin in 2020 - page 4. (Read 57190 times)