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Topic: How much can bitcoin cost in Future. - page 5. (Read 1605 times)

hero member
Activity: 2184
Merit: 531
November 23, 2019, 03:35:22 PM
#33
It's really hard to predict so far ahead. In 10 years we could have flying cars or be able to levitate using antigrav technology. Would you say 10 years ago that Musk will launch a car into space or that countries will start talking about getting rid of paper money? Probably not.

If Bitcoin rises exponentially it could reach a million dollars in 10 years. I think that it would be a great achievement if we went to 100 thousand at any point in that period even if it's only for a few days. It would also be a great achievement if the price became stable at some point like at 20 or 30 thousand but due to its nature it's more probable that it will go to a million for a day and fall down than stabilize at 20 thousand.  
full member
Activity: 658
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BLOCKCHAIN ART GALLERY SYSTEM
November 23, 2019, 02:45:17 PM
#32
Well, I think bitcoin can grow or even passed its current all time high. But the main key here is the mass adoption. As we see, Bitcoin declined because of the fact that many countries are against the adoption of this technological breakthrough especially the largest cryptocurrency adopter, China. Bitcoin began to drop. If China and other countries began adopting bitcoin, for sure it will rise even more. I expect it to reach roughly $200,000. I'm no expert. This is just my prediction.

For sure. About China - it's a really great thought. Especially if we think how many customers will come into this sphere.
hero member
Activity: 2114
Merit: 619
November 23, 2019, 01:46:37 PM
#31
Bitcoin has come a long way in just 10 short years. Despite the bitcoin price struggling to regain its highs this year, the long-term trend is hard to ignore.

The bitcoin price is up a ridiculous 10.6 million percent since CoinDesk began tracking it back in July 2010 — rising from 0.06 cents to $6,421 over that time. 10th anniversary of Satoshi Nakamoto’s release of the bitcoin whitepaper — leading many to look ahead to what the next 10 years will bring. Bitcoin has dominated investor interest over the last ten years, but that could be very different in the coming decade.

It’s only in the last five or so years that bitcoin has had any major competitors. Ethereum, the world’s second largest cryptocurrency by market capitalization, was first conceived in 2013.
“I believe that bitcoin’s influence and dominance of the cryptocurrency sector will drastically reduce in its second decade,” said Nigel Green, founder and CEO of deVere Group, a financial advisory group.

“This is because as mass adoption of cryptocurrency grows, more and more digital assets will be launched – by organizations in both the private and the public sectors. This will increase competition for bitcoin and dent its market share.”
Green expects the bitcoin and wider cryptocurrency market will expand by “at least” 5,000% in the next 10 years — meaning it could be worth $20 trillion, up from $400 billion today.
Now bitcoin price 7282$

Now there are two sides to this question. One is the optimistic side according to which we can see much greater heights in the days to come. These heights are really unimaginable thinking of such a marvelous increase shown by Bitcoin in such short span of time. But obviously it came in the time of technology when things are pretty easy to travel around the world unlike past when it took years for technology to travel from a city to another. Even though if we are seeing mass adoption as goal we have a lot of way to go ahead.

The other approach is the pessimist approach which say Bitcoin is just like another comet which would shine for sometime but then would be submerged in the darkness of Sky. Even though I think it's pretty obvious for people to think that this is impossible but just one vulnerability in the whole protocol is enough for everyone to drop their whole stock of bitcoin.
hero member
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Leading Crypto Sports Betting & Casino Platform
November 23, 2019, 01:39:59 PM
#30
Cryptocurrency is increasingly popular, one of the signs is that many altcoins make cryptocurrency more colorful, with various innovations that are predicted to solve current problems. This diversity forms a more complex ecosystem, with real functions, wide adoption, making cryptocurrency closer to everyday life. Although cryptocurrency, especially bitcoin, is more effective for investment and trading commodities than as a means of payment, it is a challenge for developers to realize that effectiveness by making altcoin that can be the answer to the desires of those who want it. Until that happens, the price of bitcoin must have gone up again, it can't be missed in the long run.
supply which has limits and increasing market needs makes bitcoin prices high. altcoin innovation is also increasingly diverse and makes the crypto currency not just an investment but has uses in real life. as long as market developments and needs increase, prices will continue to grow
sr. member
Activity: 625
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November 23, 2019, 12:46:16 PM
#29
Basically $1 or the max bought value Roll Eyes

What determines it is inflaction which is made by investors, buyers, sellers, us.

If you ask me on the current date / time and state. I would go for $20k on next year if more countries / companies decide to invest in it thus due to upcoming halving.

If a sudden sink happens, well i do believe it will be costing around $5k as normaly would (based on history, $5k was the most stable value so far).
sr. member
Activity: 1246
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November 23, 2019, 12:36:58 PM
#28
Cryptocurrency is increasingly popular, one of the signs is that many altcoins make cryptocurrency more colorful, with various innovations that are predicted to solve current problems. This diversity forms a more complex ecosystem, with real functions, wide adoption, making cryptocurrency closer to everyday life. Although cryptocurrency, especially bitcoin, is more effective for investment and trading commodities than as a means of payment, it is a challenge for developers to realize that effectiveness by making altcoin that can be the answer to the desires of those who want it. Until that happens, the price of bitcoin must have gone up again, it can't be missed in the long run.
hero member
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Leading Crypto Sports Betting & Casino Platform
November 23, 2019, 11:44:56 AM
#27


“This is because as mass adoption of cryptocurrency grows, more and more digital assets will be launched – by organizations in both the private and the public sectors. This will increase competition for bitcoin and dent its market share.”
Green expects the bitcoin and wider cryptocurrency market will expand by “at least” 5,000% in the next 10 years — meaning it could be worth $20 trillion, up from $400 billion today.
Now bitcoin price 7282$


Damn this is a great figure, people are so positive and so right on the price not only by one expert but everyone who is analyzing it's potential, I have no doubt on it's potential, and I'm glad and excited that I have been reading all these kinds of stuff.
It's like I'm on 2012 and reading it's potential all I have to do is invest all I can and all I could, not only on Bitcoin but all the other top coins in the market.
sr. member
Activity: 854
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November 23, 2019, 10:54:44 AM
#26
The price of bitcoin depends on us, because of our continued support for bitcoin and of course sharing our knowledge with our friends and relatives.

Big companies and small stores will also have big participation so that people can recognize and accept bitcoin. And especially the government because they are enforcing the law to make our country better.

I think once this is fulfilled and happend I'm sure the price of bitcoin will rise we will see our speculations come true.
I also do believe that we the community has an impact on making a price of Bitcoin and other cryptocurrencies. Government could also a big impact in this industry, legalization or enforcing law against it are few example. Though Bitcoin cannot directly manipulate by someone but massive operation like prohibition could still be an impact like what happended on China where exchanges have been banned back in the day.
full member
Activity: 966
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November 23, 2019, 10:52:02 AM
#25
Bitcoin's future could rise even higher if Bitcoin surpassed $ 20,000.  Currently, new money has not poured into the market and especially Bitcoin.  People have had experience compared to 2017. they have been more careful in their buying and selling decisions.  I think that the justification of Bitcoin is in the accumulation zone, very suitable for buying.
sr. member
Activity: 1036
Merit: 275
November 23, 2019, 09:55:58 AM
#24
The true of value of bitcoin can not be easily predicted or analyzed due to the decentralized nature of its network and system.  The market value of bitcoin is all the time determined by the demand and supply rate of it in the market at a particular moment in time.  Last year by this time, bitcoin was worth less than $7k and as at January 2019, it was worth around $3k. This tells you that the market value of bitcoin is very hard to predict in a particular moment in time..
full member
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November 23, 2019, 09:32:54 AM
#23
As long as the community pushes for the acceptance of cryptocurrency in the world, and the improvement of adoption, I think it is going to be a good thing for the price. And also, the technologies behind each cryptocurrency will also improve as well. We must continue to support it even though we are having ups and downs.
member
Activity: 252
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November 23, 2019, 09:22:18 AM
#22
Let me just say that it does not depend on us, and that we do not know exactly what the price of bitcoin will be.
We can only talk and make conclusions, which are not precise and probably not true, but beyond that I am saying that bitcoin is declining in the future, I honestly do not see any progress lately, quite the opposite, and therefore I think that bitcoin is falling at $ 5,000 minimum.
sr. member
Activity: 1111
Merit: 255
November 23, 2019, 08:17:48 AM
#21
The price of bitcoin depends on us, because of our continued support for bitcoin and of course sharing our knowledge with our friends and relatives.

Big companies and small stores will also have big participation so that people can recognize and accept bitcoin. And especially the government because they are enforcing the law to make our country better.

I think once this is fulfilled and happend I'm sure the price of bitcoin will rise we will see our speculations come true.
legendary
Activity: 3416
Merit: 1225
November 23, 2019, 08:10:36 AM
#20
Quote
“I believe that bitcoin’s influence and dominance of the cryptocurrency sector will drastically reduce in its second decade,” said Nigel Green, founder, and CEO of deVere Group, a financial advisory group.
That's good news for the other top coins in the market, Bitcoin dominance is very high that some other coins with good potential are barely surviving in the market share.

Quote
“This is because as mass adoption of cryptocurrency grows, more and more digital assets will be launched – by organizations in both the private and the public sectors. This will increase competition for bitcoin and dent its market share.”
One good reason why investors should not put all their eggs in one basket, the market will be very healthy if there are other coins in the market that can share a big slice of the market

Quote
Green expects the bitcoin and wider cryptocurrency market will expand by “at least” 5,000% in the next 10 years — meaning it could be worth $20 trillion, up from $400 billion today.
Now bitcoin price 7282$
Now this is one big motivation to buy more, just don't sell your house for Bitcoin if you do, be sure you've invested what you can afford to lose
hero member
Activity: 1148
Merit: 500
November 23, 2019, 07:40:45 AM
#19
Well, I think bitcoin can grow or even passed its current all time high. But the main key here is the mass adoption. As we see, Bitcoin declined because of the fact that many countries are against the adoption of this technological breakthrough especially the largest cryptocurrency adopter, China. Bitcoin began to drop. If China and other countries began adopting bitcoin, for sure it will rise even more. I expect it to reach roughly $200,000. I'm no expert. This is just my prediction.
hero member
Activity: 3038
Merit: 634
November 23, 2019, 07:39:14 AM
#18
Nigel's correct but the growth will also give an implication on how bad it looks if most of the sectors will have their own cryptocurrencies. At the end of it, the solution would always rely to depend on a single cryptocurrency which is adopted and accepted by most.

And that would be bitcoin. It will stand firm despite of the number of its competitors. Nobody holds and controls the future of bitcoin but as satoshi's quote says it can be huge volume or no volume. Having huge volume, expect the skyrocketing and vice versa for no volume.
full member
Activity: 490
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The Exchange for EOS Community
November 23, 2019, 07:29:44 AM
#17
As time goes by, I'm sure there will be many people in the world who will know even using bitcoin. That will help bitcoin reach its peak price, but I'm sure in the next 2-3 years bitcoin will be able to stabilize at $20k

Totally agree with this statement. Despite all the jumps in price. The main thing - don't miss the right moment.
legendary
Activity: 2954
Merit: 1153
November 23, 2019, 07:10:40 AM
#16
According to the "prophets", they said that Bitcoin can reach more than a million-dollar in the future but those "anti-prophets" stated that Bitcoin gonna burst just like bubbles and became worthless but I think we cannot tell what will be the cost of Bitcoin in the future.  Though considering that Bitcoin can stand the test of time and will be widely accepted then I believe it will be way higher than it is now due to the supply and demand concept, how much would it be.. only time can tell.
sr. member
Activity: 1092
Merit: 284
November 23, 2019, 05:45:48 AM
#15
Don't get fooled into thinking that bitcoin will cost 50 or 100K USD after X amount of year.This is BS
The bitcoin price will probably stay around the 5K-12K USD area in the long term.

It is only speculated that the price of bitcoin will continue to soar next year, in my opinion the 5K-12K USD bitcoin price is standard on the market but in the long run bitcoin will exceed the limit even I predict $ 20000 in 2020 and beyond.
sr. member
Activity: 966
Merit: 274
November 23, 2019, 05:32:15 AM
#14
There is so much talks already about future price of BTC on this forum. In my opinion BTC adoption will be good for alt coins also to be adopted in main financial system. There are rear chances that any alt coin will outclass BTC.

definitely not, Bitcoin is the worlds most top cryptocurrency in the market in terms of investment. But maybe in the other areas such as market volume, bitcoin might not be the top, but most of the time, our criteria for the best crypto depends on the market price of crypto in the market, and investment crypto ranks top on it. But if we clearly understand the true meaning of market value, then we can have the best crypto not categorized by market price only. But with security, efficiency, transaction speed, price, stability, and market volume.
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