Bitcoin to hit the $30.000 mark before 2020 - page 3.

CoinsCoinsEverywhere

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Quote from: GreatOrchid on September 23, 2017, 03:20:24 PM

I dont know if it can be possible, i think that bitcoin has to be less than $15k, no more. I dont get the point to be more than $30k - $50k - or maybe 100k like a lot of people are talking about, all those are speculations, and nobody is thinking that maybe banks will try to make a giant fud for preventing bitcoin to rise more. I dont know, but maybe it will rise a lot more, but not that much like you are saying,.

I'm curious: if you think $15k is possible, why not $30k?

One reason that people see $30k+ as a possibility is based on the market cap. By 2020, I think there should be around 18M bitcoins that have been mined. Multiplying that by $30k gives you $540B. The market caps of the some of the biggest companies are comparable. For example, Apple's market cap is about $785B right now. So a market cap of $540B seems reasonable.

GreatOrchid

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I dont know if it can be possible, i think that bitcoin has to be less than $15k, no more. I dont get the point to be more than $30k - $50k - or maybe 100k like a lot of people are talking about, all those are speculations, and nobody is thinking that maybe banks will try to make a giant fud for preventing bitcoin to rise more. I dont know, but maybe it will rise a lot more, but not that much like you are saying,.

CoinsCoinsEverywhere

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Quote from: richardsNY on September 23, 2017, 01:56:14 PM

Quote from: CoinsCoinsEverywhere on September 23, 2017, 01:38:15 PM

As an absolute value, $30k sounds like a lot. But on percentage terms (600% of the recent peak of $5k), it's in line with some of the other crazy rallies we've had in the past. Right now, I feel like we're in a holding pattern, possibly waiting for either some more good news or bad news to drive price one way or the other. We may be stuck in this trading range for a while.

The market seems to be consolidating, but I am not sure how long the market manages to remain hovering around current levels. If we're completely honest and realistic, an even worse situation than the first of August is heading towards us due to the planned hard fork in November. If the market is going to move in a certain direction, then it's definitely down from here -- no 'good' news can change anything in this case.

What's the current word on that hard fork? Is it projected to be as controversial as the bitcoin cash fork? As for the current consolidation area, you may be right, given how volatile bitcoin is. I guess by "for a while" I was thinking like a week or two...a while in bitcoin terms, but not long compared to other financial markets.

As ironic as it may sound, if we can't break above ~$4k soon, a crash below $2k may be just what we need to resume the bull market. There's too much indecision right now. If we drop a lot lower, the decision will become clear again: buy. A good bounce off of $3k again to form a solid double-bottom might also be enough.

richardsNY

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Quote from: CoinsCoinsEverywhere on September 23, 2017, 01:38:15 PM

As an absolute value, $30k sounds like a lot. But on percentage terms (600% of the recent peak of $5k), it's in line with some of the other crazy rallies we've had in the past. Right now, I feel like we're in a holding pattern, possibly waiting for either some more good news or bad news to drive price one way or the other. We may be stuck in this trading range for a while.

The market seems to be consolidating, but I am not sure how long the market manages to remain hovering around current levels. If we're completely honest and realistic, an even worse situation than the first of August is heading towards us due to the planned hard fork in November. If the market is going to move in a certain direction, then it's definitely down from here -- no 'good' news can change anything in this case.

CoinsCoinsEverywhere

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As an absolute value, $30k sounds like a lot. But on percentage terms (600% of the recent peak of $5k), it's in line with some of the other crazy rallies we've had in the past. Right now, I feel like we're in a holding pattern, possibly waiting for either some more good news or bad news to drive price one way or the other. We may be stuck in this trading range for a while.

pipdarwin

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Since bitcoin is a so big currency today i dont think it would fall down to any more less than it's position now. But i would really think bitcoin would raise to atleast 30.000$ in the end off 2019. It is used on many sites and i just wonder how it would be in about 3 years.

Meowth05

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Quote from: nkarm1 on September 22, 2017, 04:51:40 AM

Quote from: mrjuice on September 13, 2017, 10:15:33 AM

Just spoke with several financial experts with backgrounds in the banking sector. They told me once Japan opens itself up to the Bitcoin the currency is very likely to reach the 30.000 USD mark before 2020 since
Japan has been known to be a trendsetter and have high influence on the EU and US markets.

2020 is still a short time for us before speculating like this. $30k is so big and not yet realistic for us. In able for bitcoin to reach $30k, we need a YUGE mass adoption of majority of countries in this market. Japan's adoption won't just put magic with it, so I think more countries, corporations, business sectors, etcetera is what we need for this huge growth. You think 3 years is enough for that?

That's true indeed but who knows? Bitcoin is unpredictable yet, volatile. 2020 is still short time and $30k is also big but bitcoin might touch that amount or even more, there are many things that could happen within that short time. However to ensure that, support of everyone is necessary and huge mass adoption among countries will comply.

Lampaster

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For me it does not matter how much it will cost bitcoin in the future. I live now and want to have the opportunity to buy all necessary for living. Every user of bitcoin needs to understand that the price can not rise always. Only large turnover bitcoins can protect our savings. Even if the price will not grow at all, but will be able to earn enough bitcoins for life every day is much better than the prospect of becoming rich in the future.

sasaku bitbit

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Maybe this will occur if the price of the bitcoin can survive and continue to increase in every second then predictions may hit on number bitcoin $30,000 before 2020. current course price bitcoin still survive on numbers $3500 even still changed-change then we should still take three years to achieve the price. I'm sure this will happen in early October in the bitcoin will be the beginning for bitcoin good starting step towards

osasshem

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It's a good say for the price of bitcoin to get to $30000 before 2020, but looking at the present state of bitcoin and the issues from China, it has to survive this present situation before we look towards the betterment. The year 2020 is still far, but let's follow it's price as it goes a step at a time.

nkarm1

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Quote from: mrjuice on September 13, 2017, 10:15:33 AM

Just spoke with several financial experts with backgrounds in the banking sector. They told me once Japan opens itself up to the Bitcoin the currency is very likely to reach the 30.000 USD mark before 2020 since
Japan has been known to be a trendsetter and have high influence on the EU and US markets.

2020 is still a short time for us before speculating like this. $30k is so big and not yet realistic for us. In able for bitcoin to reach $30k, we need a YUGE mass adoption of majority of countries in this market. Japan's adoption won't just put magic with it, so I think more countries, corporations, business sectors, etcetera is what we need for this huge growth. You think 3 years is enough for that?

moataz_ansary

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Agree and may be 50000$
May be 10000$ in few months

joseafonso123az

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We can only predict now, but I believe it will be higher than the value that it is now in 2020. I am a believer because BTC has survived many problems that appeared against them, but it never dipped and disappeared, it always appeared better and more valuable. It would be great if we reach that mark, and by then we will see a more stable an more popular Bitcoin.

jackhdt

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Bitcoin will certainly thrive in the future but 30k $ is a very large number for the size of one Bitcoin. I think the bitcoin price will reach 10k $

n0ne

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Quote from: Weawant on September 21, 2017, 02:26:26 AM

Quote from: eann014 on September 21, 2017, 12:05:19 AM

Quote from: mrjuice on September 13, 2017, 10:15:33 AM

Just spoke with several financial experts with backgrounds in the banking sector. They told me once Japan opens itself up to the Bitcoin the currency is very likely to reach the 30.000 USD mark before 2020 since
Japan has been known to be a trendsetter and have high influence on the EU and US markets.

Still bitcoin is different from EU and US markets. But you're also right that Japan is known to be a trend setter but I don't think it will actually reach that high in year 2020. Maybe around 15-18k dollar is possible.

15-18k$ is pretty far to be happen but possible if there is a big thing will boost it up for that period, But since 2020 is so far to be happen right now well maybe those possibilities have some chances but if there are some tragedy will happen then 15k$ minimum will be unreachable and maybe the one we can see is at 8k$ price.

The predicted price might look big when looked in comparison with the present value. Here the reality is that the price will grow high in accordance to the adoption happening. In the ongoing year one reason for such an increased value is the legal adoption of Japan creating a large scale circulation within a small time period. When more countries participate the growth happens tremendously.

Baofeng

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Quote from: Weawant on September 21, 2017, 02:26:26 AM

Quote from: eann014 on September 21, 2017, 12:05:19 AM

Quote from: mrjuice on September 13, 2017, 10:15:33 AM

Just spoke with several financial experts with backgrounds in the banking sector. They told me once Japan opens itself up to the Bitcoin the currency is very likely to reach the 30.000 USD mark before 2020 since
Japan has been known to be a trendsetter and have high influence on the EU and US markets.

Still bitcoin is different from EU and US markets. But you're also right that Japan is known to be a trend setter but I don't think it will actually reach that high in year 2020. Maybe around 15-18k dollar is possible.

15-18k$ is pretty far to be happen but possible if there is a big thing will boost it up for that period, But since 2020 is so far to be happen right now well maybe those possibilities have some chances but if there are some tragedy will happen then 15k$ minimum will be unreachable and maybe the one we can see is at 8k$ price.

Its a big challenge for bitcoin to really push the price around the $30K level i the future. We just lost a country supporting it and we need another one besides the current to man up and enter the picture. This is the only scenario that I consider that will really get the price to at least $20K or more in the future. Even if Segwit2x proposal is activated in the next couple of months. I don't think that $10K is possible in 2018. Well its still a long way and far from 2020, but I will remain optimistic here and wish the price could go as high as that.

Weawant

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Quote from: eann014 on September 21, 2017, 12:05:19 AM

Quote from: mrjuice on September 13, 2017, 10:15:33 AM

Just spoke with several financial experts with backgrounds in the banking sector. They told me once Japan opens itself up to the Bitcoin the currency is very likely to reach the 30.000 USD mark before 2020 since
Japan has been known to be a trendsetter and have high influence on the EU and US markets.

Still bitcoin is different from EU and US markets. But you're also right that Japan is known to be a trend setter but I don't think it will actually reach that high in year 2020. Maybe around 15-18k dollar is possible.

15-18k$ is pretty far to be happen but possible if there is a big thing will boost it up for that period, But since 2020 is so far to be happen right now well maybe those possibilities have some chances but if there are some tragedy will happen then 15k$ minimum will be unreachable and maybe the one we can see is at 8k$ price.

HatakeKakashi

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Quote from: thecodebear on September 20, 2017, 02:35:30 PM

I expect max price in 2019 to be right around $30k, so I say yes it is very possible. Entering 2020 price should be between 25k and 35k.

Thats price is very high sir, bitcoin needs more time to reach that . Even 2020 the price of bitcoin will not reach 30k dollars The possible price of bitcoin in that year is 10k dollars . And i think it will happen the price of bitcoin will become 20k or 30k in the year od 2025 . But everything is possible to happen and for sure if you have a lot of bitcoin you will earn a lot of profit in the future. So buy more bitcoin and hold it for fee years.

eann014

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Quote from: mrjuice on September 13, 2017, 10:15:33 AM

Just spoke with several financial experts with backgrounds in the banking sector. They told me once Japan opens itself up to the Bitcoin the currency is very likely to reach the 30.000 USD mark before 2020 since
Japan has been known to be a trendsetter and have high influence on the EU and US markets.

Still bitcoin is different from EU and US markets. But you're also right that Japan is known to be a trend setter but I don't think it will actually reach that high in year 2020. Maybe around 15-18k dollar is possible.

Wilhelm

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Let's circle jerk ourselves billionaires in threads like this Grin

$1M/BTC in 2030 !!!!

Topic: Bitcoin to hit the $30.000 mark before 2020 - page 3. (Read 3314 times)