Bitcoin to hit the $30.000 mark before 2020 - page 4.

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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.

High price levels mean more market cap and more popularity.Considering less interest to cryptoworld this prediction can only be right if peoples start to realize the opportunities..

CrownPolly

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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.

And I expect that bitcoin by 2020 will be much more expensive. Yet I believe in those optimistic and non-logical predictions that say that bitcoin will cost between $ 100,000 and $ 500,000

2double0

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There are many Expert Investors in their best genres who predicted $25k - $50k range to be touched nearby 2020. Where JP Morgan's CEO "exposed" that Bitcoins are too much overvalued, Fundstrat's Co-founder Tom Lee said that this would be no less than $25,000 in 2022 (as published in a recent news report), many from Wall Street said Bitcoin's value is 0 where big investors like Bill Gates and Winklevoss Twins as well as Tim Draper find it to be the most optimistic investment made ever through them. Don't listen to anybody, just let the charts show you the real painting. Wink

thecodebear

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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.

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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.

I have already commented on something similar in another topic, digital coins will have much use in the future

Imagine if in 2 years the European union accepted bitcoin as a means of payment, imagine when many organizations accept bitcoin as payment method

the price will be much higher than the current, maybe reach 30,000 in 15 years, now in 4 years reach 30,000 will be a challenge

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Quote from: SummerBliss on September 20, 2017, 11:14:25 AM

Many experts make predictions about bitcoin. But bitcoin as we all know have became uncertain and unpredictable. Those so called experts keep on changing their predictions with time according to market and if anyone of that prediction goes right. They claim themselves to be expert in bitcoin.

But $30k prediction is realistic and we will touch that price before 2020 easily. In coming years, there will be increase in demand and price can easily touch this target.

If we see the graph over 7 years, bitcoin always show a promising progress as positive value of investment so that's why some expert try to calculate if bitcoin value always be like this, nothing is impossible. The problem only whenever people will keep have a faith on bitcoin or not when something bad happen for example : I keep hold my bitcoin although Chinese ban bitcoin

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Many experts make predictions about bitcoin. But bitcoin as we all know have became uncertain and unpredictable. Those so called experts keep on changing their predictions with time according to market and if anyone of that prediction goes right. They claim themselves to be expert in bitcoin.

But $30k prediction is realistic and we will touch that price before 2020 easily. In coming years, there will be increase in demand and price can easily touch this target.

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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.

I have learned from listening to many financial "experts" that they usually don't have any better idea than anyone else what's going to happen. They spout out numbers because that's what they're paid to do, whether they're right or wrong.

However, that being said, over the last couple of months I have become cautiously optimistic that $30k+ may be achievable. I think that one of the biggest risks is some unexpected event that seriously shakes confidence in bitcoin--like if some entity successfully mounted a 51% attack on the network. The other risk I see is some event that makes all or almost all governments ban it. There are few things that I think could do this, but it would devastating to the price if it happened. Obviously the probability of these things happening is small, but it's important to know what all of the risks are.

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Quote from: JanpriX on September 20, 2017, 07:14:33 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.

Hitting off the $30k-mark will be a dream-come-true for many of us here especially those who hodl their BTC for long time. It is possible in every way that we can think of but take note that this will be very hard to achieve. Look at what's happening right now. We are at the brink of hitting the $5k mark and then boom, one country spread FUD abhorrently followed by a baseless accusation by a CEO of a well known company and the market just reacted negatively bringing the price to what it's now.

What we need is for people to genuinely believe in BTC's technology and don't get manipulated by other people with FUD news. If genuine mass-adoption of BTC will happen, $100k mark is not even impossible. Roll Eyes

Real hodlers will not sell at $10k, $20k, or $100k. Real hodlers will wait until you can buy anything you want bitcoin, including real state. By then, one BTC will afford you a nice condo in Los Angeles or some other expensive place, so you don't need to pay taxes on currency conversions. It's either all or nothing. If BTC reaches its full potential, everyone that ever sold a single satoshi is going to regret for the rest of their lives.

Don't forget that the first real state purchases are starting to happen and we are only in the beginning:

https://futurism.com/bitcoin-was-just-used-to-pay-for-a-new-home-in-texas/

Imagine how things will be in 10 years.

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That is way large for just 2 and a quarter years. I am just expecting double per year which makes it at 15-16k per bitcoin and I still see that as a large amount. Better focus on bringing it to 5,000 dollars before the year ends. If that happen there may be a slight possibility with your prediction.
I do trust bitcoin on how it could go fly with its price but I dont want to assume so much to avoid regretting at the end.

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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.

Hitting off the $30k-mark will be a dream-come-true for many of us here especially those who hodl their BTC for long time. It is possible in every way that we can think of but take note that this will be very hard to achieve. Look at what's happening right now. We are at the brink of hitting the $5k mark and then boom, one country spread FUD abhorrently followed by a baseless accusation by a CEO of a well known company and the market just reacted negatively bringing the price to what it's now.

What we need is for people to genuinely believe in BTC's technology and don't get manipulated by other people with FUD news. If genuine mass-adoption of BTC will happen, $100k mark is not even impossible. Roll Eyes

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2020 is not all that long away, I certainly hope the OP is right with his statement of $30,000 for 1 bitcoin by 2020. It'll make a lot of us a lot of money.

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Quote from: Zuilhsa on September 20, 2017, 06:07:07 AM

Even the ban of bitcoin in China has made a little shake in the price and within 24 hours it came up showing that it has nothing to do with bitcoin, so why can't it reach $30k within 3 more years, it is possible with bitcoin.

30k is a lot. it's like a median net year salary in western country, it's like gold on steroids! well, you can consider bitcoin as a digital version of gold but at that price level i doubt it will preserve its original monetary function and assume a different status of value store. nothing wrong with that but i don't think was the goal of satoshi.
maybe you can solve this "problem" when there will be less volatility considering that you can split in fractions but it is difficult to see stability today

mehcat11

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It depends on demand of bitcoin. There is no one can predict the price of bitcoin appropriately.
Maybe there are some countries where forbidden bitcoin such as China that make bitcoin price was decreased
Or there are some countries where legalized bitcoin such as Japan that make bitcoin price was increase.
But, i hope bitcoin price is keep improving over time and can reach $30,000 or above in 2020.

Zuilhsa

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Even the ban of bitcoin in China has made a little shake in the price and within 24 hours it came up showing that it has nothing to do with bitcoin, so why can't it reach $30k within 3 more years, it is possible with bitcoin.

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Quote from: Carlsen on September 19, 2017, 11:27:14 AM

Quote from: iqlimasyadiqa on September 19, 2017, 10:49:45 AM

Quote from: OmegaStarScream on September 19, 2017, 10:30:47 AM

Why not really? I mean we have seen other experts in paste making such predictions and I must say that at this point, I no longer believe that it's impossible to achieve. In fact, it would be weird If we don't reach that as the next halving block reward will happen in that year and many features to scale bitcoin are coming, It's just the beginning.

yes anything can happen to bitcoin. nothing is impossible because bitcoin will give us a miracle. so 10,000 USD, 20,000USD and even 30,000USD is not impossible.

I think as well it might be possible to reach th 30K already in 2020.
But it will be much harder to stay there.
Setbacks are inevitable, and the higher we climb, the larger the setbacks will be. And the longer it will take to get back to the level we were.

The one thing which will be different in 2020 is that the block reward would have halved. As we have seen all along, the block reward halving seems to have an order of magnitude impact on Bitcoins price. If this continues, we can easily cross $30k at the next halving in 2020.

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Quote from: iqlimasyadiqa on September 19, 2017, 10:49:45 AM

Quote from: OmegaStarScream on September 19, 2017, 10:30:47 AM

Why not really? I mean we have seen other experts in paste making such predictions and I must say that at this point, I no longer believe that it's impossible to achieve. In fact, it would be weird If we don't reach that as the next halving block reward will happen in that year and many features to scale bitcoin are coming, It's just the beginning.

yes anything can happen to bitcoin. nothing is impossible because bitcoin will give us a miracle. so 10,000 USD, 20,000USD and even 30,000USD is not impossible.

I think as well it might be possible to reach th 30K already in 2020.
But it will be much harder to stay there.
Setbacks are inevitable, and the higher we climb, the larger the setbacks will be. And the longer it will take to get back to the level we were.

iqlimasyadiqa

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Quote from: OmegaStarScream on September 19, 2017, 10:30:47 AM

Why not really? I mean we have seen other experts in paste making such predictions and I must say that at this point, I no longer believe that it's impossible to achieve. In fact, it would be weird If we don't reach that as the next halving block reward will happen in that year and many features to scale bitcoin are coming, It's just the beginning.

yes anything can happen to bitcoin. nothing is impossible because bitcoin will give us a miracle. so 10,000 USD, 20,000USD and even 30,000USD is not impossible.

Wilhelm

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I always have a hard time with people entering this forum and launching a topic on their first post with these kinds of statements and no backing.

It's feels so much like a religious statement "I'm here to help you all ... GOD told me personally that .... and I'm here to tell you the good news."

Anyway I'll take the 30k in 2020 with pleasure ... Tongue

AtheistAKASaneBrain

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Quote from: OmegaStarScream on September 19, 2017, 10:30:47 AM

Why not really? I mean we have seen other experts in paste making such predictions and I must say that at this point, I no longer believe that it's impossible to achieve. In fact, it would be weird If we don't reach that as the next halving block reward will happen in that year and many features to scale bitcoin are coming, It's just the beginning.

Most people aren't wired to think exponentially. We will get to 5 figures in no time, and it isn't going feel nice, and it isn't going to feel pretty, it will be chaotic and big corrections will happen, but this is how it works. Huge bull runs of several thousands in the span of a week are perfectly possible thanks to us still being tiny in a sea of potential capital that can come in, and as we've seen, we can pump a thousand dollars in a day without China, imagine when we finally get sidechains and all these ICOs are hosted on bitcoin related chains. We will go to mars and beyond, easy.

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