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Topic: Can Bitcoin rwach to $1M in 2020??? (Read 245 times)

newbie
Activity: 56
Merit: 0
June 27, 2018, 12:27:57 AM
#27
This is not going to happen. I am pretty much sure that other cryptocurrency will come forward and bitcoin will stand still. Yes, there is a chance to increase but not that much mentioned in your post.
full member
Activity: 680
Merit: 103
June 27, 2018, 12:24:39 AM
#26
Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
No one knows dude, there are possibility that maybe it will happen that bitcoin will reach that price, but sorry for being negative cause I think you are expecting too much.
full member
Activity: 518
Merit: 101
June 27, 2018, 12:16:29 AM
#25
I highly doubt this would materialize by 2020. $1M is just too huge of a leap for Bitcoin from its current price. Though $1M is possible, 2020 is just too soon. 10 years from now would be more realistic! But that's just too long of a wait if you'd ask me..better look for other options.
newbie
Activity: 97
Merit: 0
June 26, 2018, 03:24:50 PM
#24
Some people support the existence of bitcoin. The demand for bitcoin is very high compared to stocks and the government is legalized by bitcoin and I think bitcoin can achieve that value, the amount is limited to crypto world maybe it can reach that price all if it passes smoothly. Cool
member
Activity: 463
Merit: 11
June 26, 2018, 03:23:57 PM
#23
I would say no one can predict what can happen.... Trust me, it can reach it since there is every possibility for it to reach as far as 20k dollars from a price so small...
jr. member
Activity: 90
Merit: 1
June 26, 2018, 03:16:53 PM
#22
to tell  the truth i believe very much that it is going to reach to 1 m since there is lots of people participating and it is going to get higher and higher and hope so ...
newbie
Activity: 294
Merit: 0
June 26, 2018, 03:13:48 PM
#21
I am not in support of that motion,it can grow to a very reasonable number of dollars like maybe 50k or more but not to that supposed figure,
sr. member
Activity: 980
Merit: 260
June 26, 2018, 03:02:14 PM
#20
Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.

I'm of the same opinion. I do think bitcoin will increases by 2020 but by 1M is way too high given the timeframe. The least I can suspect it will reach is anywhere between 20-50 grand.
jr. member
Activity: 353
Merit: 4
June 26, 2018, 02:52:15 PM
#19
Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.

Sorry, I doubt bitcoin will reach 1 million by 2020 and it will be difficult to achieve. I think bitcoin will have a value of 40k - 50k in 2020.
full member
Activity: 616
Merit: 100
June 26, 2018, 02:46:19 PM
#18
id people in the world is supporting bitcoin, the demand of bitcoin is higher than the stock and the government is legalized bitcoin I think bitcoin can reach that value, from the limited amount I the world bitcoin maybe can reach that price if all of that is passed
sr. member
Activity: 630
Merit: 257
June 26, 2018, 02:38:11 PM
#17
Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.

There's not going to be a 166% bull-run in months? No shit, sherlock. This is the least informative thing you could have said. I got a similar one: "Bitcoin is not going to be 9 Trillion dollars by the end of the day."

Hopefully, you were not hoping to become a psychic, because if so, you need a new career idea.


PS Markets are somewhat efficient. If there was any reason for a percentage of people to believe rationally that bitcoin could go up 167% in a year or so, the price would not be what it is now, because they'd be buying. They'd be buying at $800,000/bitcoin in this case. But they're not. So that isn't a rational belief held by anyone.....

If you do not find this conversation meaningful...then don't reply. No need to act oversmart...and listen I don't need to have any career advice from a newbie.
newbie
Activity: 140
Merit: 0
June 25, 2018, 09:24:18 PM
#16
nothing is impossible. if bitcoin reach 1M. if many investors are in bitcoin. and every country supports bitcoin. this can happen higher bitcoin price.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
June 25, 2018, 09:15:22 PM
#15
Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.

That is a hard achievement but not impossible happening in the future of bitcoin.
Just like bitcoin price was increased from less than $1 in the beginning to $19k last year, it still can be happening.
of course it will need long time, but i believe in bitcoin and cryptocurrency, thats why im still here supporting crypto.
newbie
Activity: 2
Merit: 0
June 25, 2018, 04:34:24 PM
#14
that is a really a short term, i think price will go up for sure but no so high.
jr. member
Activity: 89
Merit: 1
June 25, 2018, 04:26:23 PM
#13
Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.

A world financial breakdown, where no countries want to hold other countries currencies, cut be what, that would bring Bitcoins prices up there.
However a million dollar Bitcoin would also mean that 0.1 Bitcoins would cost 100.000 and 0.01 Bitcoins would cost 10.000 Bitcoins.

My guess are that Bitcoins will be 100 k in 2020 and 200k or much more in 2024
full member
Activity: 453
Merit: 100
June 25, 2018, 04:14:59 PM
#12
It is hard to predict the price especially that the value of bitcoin now was really unpredictable, a lot of prediction during those past few months that bitcoin will gonna raise again by 2nd quarter but it did not happen, so let us just see and wait.
hero member
Activity: 782
Merit: 500
June 25, 2018, 04:12:25 PM
#11
No I think we will sooner be looking at someone eating his own dick than see btc at 1 million Tongue
member
Activity: 434
Merit: 10
June 25, 2018, 04:09:15 PM
#10
I agree with the author. If bitcoin grows to $1 million in 2020, then it means that the capitalization of the cryptocurrency market will be 100 times grows in two years. This is unrealistic
newbie
Activity: 70
Merit: 0
June 25, 2018, 04:05:30 PM
#9
most probably 100k
legendary
Activity: 2436
Merit: 1189
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June 25, 2018, 04:02:16 PM
#8
Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
1 MILLION $ Shocked ? That is very difficult sir and i think it is not possible. Yea it is right that if all country will accept and will use bitcoin like real money in the future then the price of bitcoin will be unpredictable. But by end of 2020 $1M is a very Ridiculous dream.
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