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Topic: How much can bitcoin cost in Future. (Read 1577 times)

hero member
Activity: 1246
Merit: 529
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January 20, 2020, 07:12:00 AM
We can't predict tomorrow's bitcoin price, then how it's possible to predict the bitcoin price with accuracy after years. The price to the supply depends a lot on the demand. The mining is another thing that gives the price estimate. Different countries have a difference in the cost of a single bitcoin mining. Perhaps there will be an inverse reaction on the price when the mining equipment was more effective with low electricity consumption.


Bottom line is, we can only speculate. The factors that you've indicated may be different in the future. We don't know and we don't have any means of knowing. As we've seen time and time again, bitcoin has gone against popular speculations and predictions. So there's really little use. I believe bitcoin will be relevant in the future. That's why i'm holding. I don't know if that'll come true, but it's my decision to invest in it.
sr. member
Activity: 938
Merit: 250
January 20, 2020, 02:34:16 AM
I think the price of bitcoin is very dependent on demand and supply. if bitcoin demand in the future gets higher then the price of bitcoin will also be more expensive. and in my opinion in the future the crypto market will grow even more because there are currently many companies and industries that support crypto and blockchain.
legendary
Activity: 1008
Merit: 1010
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January 19, 2020, 05:43:27 PM
We can't predict tomorrow's bitcoin price, then how it's possible to predict the bitcoin price with accuracy after years. The price to the supply depends a lot on the demand. The mining is another thing that gives the price estimate. Different countries have a difference in the cost of a single bitcoin mining. Perhaps there will be an inverse reaction on the price when the mining equipment was more effective with low electricity consumption.
legendary
Activity: 2982
Merit: 1028
January 18, 2020, 10:31:09 PM
A lot of people are keep speculating what price can bitcoin reach in the future, I do not like it because sometimes we will onle get disappointed if our expectation did not happen. There will be a uncomfortable feeling because we are not satisfied to see the truth. People want profit and it is the reason why they keep predicting the price, I also want profit but for me speculating is not the answer. Focusing in present price can help us to make wise decision that can help us to build huge portfolio.
Speculating base from you assessment and studies also adds up when you are dealing with this business. Anticipating in order to setup your targets
gives you good edge from the ups and downs which are happening inside the market, with good understanding you'll be able to find the best patterned
to be more profitable and you'll be able to adjust with the wide spread of time span.
sr. member
Activity: 1036
Merit: 281
January 18, 2020, 09:01:43 PM
A lot of people are keep speculating what price can bitcoin reach in the future, I do not like it because sometimes we will onle get disappointed if our expectation did not happen. There will be a uncomfortable feeling because we are not satisfied to see the truth. People want profit and it is the reason why they keep predicting the price, I also want profit but for me speculating is not the answer. Focusing in present price can help us to make wise decision that can help us to build huge portfolio.
hero member
Activity: 658
Merit: 500
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January 17, 2020, 05:17:09 PM
Investors will not lose hope as long as the popularity of Bitcoin remains constant, they will not lose hope and will always prefer to select Bitcoin as a priority for investment. Unfriendly countries against cryptography will be open to this kind of virtualized currency one day, even though the obstacles have been so difficult. The world was evolving and it was likely that different scenarios could arise in many ways every year. I believe that in the future though sooner or later we'll reach new heights
sr. member
Activity: 728
Merit: 250
January 17, 2020, 12:44:09 AM
Bitcoin's price for the future depends on how we see it now. Most of us now see it as a commodity, and the market for bitcoin continues to rise. Mass adoption is taking place even though you don't think it's easy. We can't predict the bitcoin price correctly in the future if we're just going to focus on its current price. The key is to see that over time it''s going to continue going up

What is going to be the future price of bitcoin during the next decades is one of those questions from which we wish we had the answer but we need to be honest and admit we have no way to know that, everything will depend on how the fiat crisis that is boiling will be resolved and how people react to it, if people decide to keep trusting in fiat despite everything that it will happen then bitcoin may not be as valuable as we think but if bitcoin became an alternative for many people then we could be talking about hundreds of thousands of dollars for each bitcoin.
sr. member
Activity: 2828
Merit: 357
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January 16, 2020, 11:23:52 PM
In the future, the increase in the price of bitcoin is subject to certain restrictions and prohibitions imposed by some countries. The recent clamp down on some exchanges in China, for example, had really influenced the price to a downward trend, this and many more are likely to be implemented by unfriendly cryptos in the future. Nonetheless, all these bottlenecks would not dissuade the price of it because, as its popularity soars, many investors would invest in it and bear in mind that the more scarce the holders thus raise their value according to their size.

but i have a different views on this one mate,for me?everything will in favor Bitcoin in the next 10 years because there is no competitive currency that can adopt the computer age like Bitcoin and Cryptocurrencies .
imagine what will be the changes when people realizes how easy and friendly Bitcoin to use as payments?that thing will encourage people and of course the government will follow if their people demand for adoption,so more or less in future?we will be using Bitcoin as Main currency.
member
Activity: 868
Merit: 16
January 16, 2020, 10:30:00 PM
Bitcoin's price for the future depends on how we see it now. Most of us now see it as a commodity, and the market for bitcoin continues to rise. Mass adoption is taking place even though you don't think it's easy. We can't predict the bitcoin price correctly in the future if we're just going to focus on its current price. The key is to see that over time it''s going to continue going up

But you need to calculate how much profit that should be gained don't just have many expectation that bitcoin price will be higher than now. Look how many persons who regreted that didn't sell their bitcoin at the all time high? I think there is much and I believe they regreted now. We don't need mass adoption as long as the people see bitcoin is a legit investment place. The new user will choose it quickly and buy bitcoin to gain money.
legendary
Activity: 1473
Merit: 1086
January 16, 2020, 10:08:43 PM
It's easy to make predictions in this voltile market as you can say the price can go over 15 grand or so, but making real judgments is very difficult or saying it's impossible because prices fluctuate very quickly depending on the current market environment. But if you asked for speculations, halving next year might have a positive effect on prices and push prices above 20k by the end of 2020 with normal corrections coming in between so just wait for the actual pump time.


The halving is this year not in 2021.

The price of a full adoption should be very high and the regular users should think in satoshis and not in bitcoins anymore.

Just look at hathaway berkshire shares. We could consider to reach as high as $200-300k until we're absorbed in the financial markets and, very important, tamed. That is then when the crypto market will behave as Gold, rather slow but stable. But with higher potential for the future, the new generation can't do anything with gold. We're living in a digital world now.
sr. member
Activity: 288
Merit: 250
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January 16, 2020, 06:06:12 PM
It's easy to make predictions in this voltile market as you can say the price can go over 15 grand or so, but making real judgments is very difficult or saying it's impossible because prices fluctuate very quickly depending on the current market environment. But if you asked for speculations, halving next year might have a positive effect on prices and push prices above 20k by the end of 2020 with normal corrections coming in between so just wait for the actual pump time.
copper member
Activity: 2968
Merit: 575
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January 15, 2020, 05:58:58 PM
Maybe few cents or maybe millions of dollars. Who knows? The price of bitcoin in the future cannot be predicted. If every government in the world decides to ban the usage of bitcoin, the price of the crypto currencies will be affected very badly. Again, if the world legalizes the usage of crypto currencies completely, then the price of the crypto currencies will sky rocket. Now, you never know, if any of these are actually going to happen or not. So, you can't predict the price. But, yeah, for now, in the long run as more people starts to use crypto currencies, the price of it will also increase.
sr. member
Activity: 1344
Merit: 270
January 14, 2020, 01:22:24 PM
#99
We can't predict tomorrow's bitcoin price, then how it's possible to predict the bitcoin price with accuracy after years. The price to the supply depends a lot on the demand. The mining is another thing that gives the price estimate. Different countries have a difference in the cost of a single bitcoin mining. Perhaps there will be an inverse reaction on the price when the mining equipment was more effective with low electricity consumption.

Not possible for prediction with bitcoin price in tomorrow or prediction with bitcoin price in the future where raised with higher price or going down, when got positive way by accepting with many countries and companies maybe bitcoin back with higher price, but when bitcoin get bad respond and many countries banned bitcoin just wait awhile for bitcoin back with lower price.
legendary
Activity: 1473
Merit: 1086
January 06, 2020, 09:39:57 PM
#98
If you look at history of bitcoin price it was full of volatility. In 2019 bitcoin was seen at 4000$, 12000$ and 7000$. There is no way we can predict future price of bitcoin based on its historical data, we can only have a guess. From my mind if bitcoin crossed 10,000$ in 2020 it will be a big opportunity for all hodlers to convert their bitcoin into profit.   

And then what ? Looking at the bull trend from the sidelines ? Come on, that is no way of life for a true Bitcoin bull. We are insane and we only live once. (Currently just still in the parent's basement  Roll Eyes)
That is a common problem, many think on getting some coins and then sell them at a higher price, that is not a bad plan but it seems as if after they sell their coins they have no plans to get in the market ever again and that seems to me like a huge mistake, if I sell my coins that is not because I want to cash out I will do it because I think the price will go down and after it crashes I will have the opportunity to buy a lot more bitcoin with my fiat increasing my future profits exponentially as this process is repeated over and over again.

Wrong. It really depends what your main goals are. Either:

A) Make more cash
B) Make more sats

Many people that I know use Bitcoin as a trading fun game with a small percentage of their holding. For example they think of their trades in Dollar Terms. They buy a specific amount $ and sell when the price is higher the same amount in Dollar but keep the rest of the sats as a long-term reward, which goes to their long term stack. Thus they try to increase their bags through rather easy trades which sometimes need months to be succesful, but are pretty easy if you believe that Bitcoin will stay bullish over a longer time frame of even years.
sr. member
Activity: 756
Merit: 252
January 06, 2020, 08:53:45 PM
#97
If you look at history of bitcoin price it was full of volatility. In 2019 bitcoin was seen at 4000$, 12000$ and 7000$. There is no way we can predict future price of bitcoin based on its historical data, we can only have a guess. From my mind if bitcoin crossed 10,000$ in 2020 it will be a big opportunity for all hodlers to convert their bitcoin into profit.   

And then what ? Looking at the bull trend from the sidelines ? Come on, that is no way of life for a true Bitcoin bull. We are insane and we only live once. (Currently just still in the parent's basement  Roll Eyes)
That is a common problem, many think on getting some coins and then sell them at a higher price, that is not a bad plan but it seems as if after they sell their coins they have no plans to get in the market ever again and that seems to me like a huge mistake, if I sell my coins that is not because I want to cash out I will do it because I think the price will go down and after it crashes I will have the opportunity to buy a lot more bitcoin with my fiat increasing my future profits exponentially as this process is repeated over and over again.
legendary
Activity: 2912
Merit: 1068
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January 05, 2020, 04:26:43 PM
#96
How much can Bitcoin cost will be determined by market, by demand and supply ratio. So, the highest level can't be predicted or determined bur we have to follow conditions in the market and mood of investors.
Currently it's not very likely that price will rise strongly and that will reach 10000$ soon but the whole year is ahead of us so we'll see what that will bring to us.
hero member
Activity: 2408
Merit: 584
January 05, 2020, 03:51:28 PM
#95
If you look at history of bitcoin price it was full of volatility. In 2019 bitcoin was seen at 4000$, 12000$ and 7000$. There is no way we can predict future price of bitcoin based on its historical data, we can only have a guess. From my mind if bitcoin crossed 10,000$ in 2020 it will be a big opportunity for all hodlers to convert their bitcoin into profit.   
yeah and $10,000 price is too much easy target for bitcoin because maximum predictors are predicting that there is a huge chances that bitcoin will hit its price to $20,000 because its the year of halving and you can check history of bitcoin that price of bitcoin mostly jump to higher on the halving year.
hero member
Activity: 644
Merit: 509
January 05, 2020, 03:11:52 PM
#94
of course in the en of bitcoin POW ended, the cost to run bitcoin mining will be very expensive and the reward is very low.
this is make ROI in mining bitcoin will be take a long time , maybe he never reach it, then the hashrate will be down slowly, and transaction need along time and highest fee to get confirmation.

th transaction problem can be solved by lightning network, and for miner we can see nothing  "real solving" for his issue.
full member
Activity: 1316
Merit: 126
January 05, 2020, 10:14:57 AM
#93
Well, everything we say is just speculation but I do believe if the adoption of cryptocurrencies increase in time then we'll surely see a really good boost to the price.
Majority of people see BTC as an investment and not as a cryptocurrency to use for a daily purpose which is a plus point as it leaves a lot of BTC out of the circulation.
I think $25000 a coin is possible by the end of 2020 or the start of 2021.
if the adoption of bitcoin increases I am also certain that the value of bitcoin will continue to grow, because market needs and limited numbers make the price increase because it follows the market's needs. maybe this is just speculation, because so far I have not seen a surge in adoption of bitcoin highly, but it could have happened if the development of cryptocurrency also jumped

With bitcoin supply nearing to it's end the price surely spike when the market demand increases so that means that the price can go as high as probably $30,000-$50,000 in the future but we just don't know when will it happen but I guess it will happen after a couple of years.
Bitcoin almost hit $20,000 in the past even with more supplies how much more when all of bitcoins will be mined. Lets just wait and see what the future holds.
full member
Activity: 714
Merit: 104
January 04, 2020, 09:13:45 AM
#92
Investors will not lose hope as long as the popularity of Bitcoin remains constant, they will not lose hope and will always prefer to select Bitcoin as a priority for investment. Unfriendly countries against cryptography will be open to this kind of virtualized currency one day, even though the obstacles have been so difficult. The world was evolving and it was likely that different scenarios could arise in many ways every year. I believe that in the future though sooner or later we'll reach new heights.
Invest just looking chance how to get much profit with bitcoin investing without want to keep holding bitcoin ten years later, when price bitcoin raise up than he invested before they will sell bitcoin and waiting price dump again for re investing, never holding for long term and our money never increase very day or every week.
Of course, every cryptocurrency user expects to make a huge profit on the cryptocurrency market quickly, now and in large volumes.  But if we consider the possibilities of today, then they really have decreased very much compared to 2016.  One way or another, starting in 2010, the largest digital asset of bitcoin, even as of today $ 7,330, shows a yield of almost 9,000,000 percent.  Based on this, it can be said with accuracy that Bitcoin shows very good results for its owners, but only you need to properly operate your assets in order to get the required income.
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