How much do you think 1 Bitcoin will be worth in 2020?

ASHLIUSZ

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Quote from: tampazeus on August 07, 2016, 11:46:10 AM

Quote from: Farma on August 07, 2016, 11:38:47 AM

Quote from: virtualkeybuyer on July 30, 2016, 03:49:38 PM

Only 3 and half years are remaining to enter 2020, and in that time I think the price of bitcoin will increase but will not be in more than 4 digits, I think the price of bitcoin at that time will be around $1000 to $2000, if we keep promoting the technology and concept of bitcoin all around us.

it soon is a high price, I think in 2020, bitcoin prices have stabilized at a price above $ 1,000, it is a very good thing, but maybe at that bitcoin holders may wait for the price to $ 2000 and onwards bitcoin. Well, I'm sure everyone in the world already have their own wallet, and have their own bitcoin

Not possible to predict the exact price of bitcoin after 4 years but it will be higher for sure as till that time lot of development would be done in bitcoin which will take price to a higher level.

I’m not the only one arguing that bitcoin will rise in price over the coming years. If I had to pick a very conservative number, i say that lot of improvements will be done and bitcoin will be worth at least $1500 dollars by 2020.

tampazeus

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Quote from: Farma on August 07, 2016, 11:38:47 AM

Quote from: virtualkeybuyer on July 30, 2016, 03:49:38 PM

Only 3 and half years are remaining to enter 2020, and in that time I think the price of bitcoin will increase but will not be in more than 4 digits, I think the price of bitcoin at that time will be around $1000 to $2000, if we keep promoting the technology and concept of bitcoin all around us.

it soon is a high price, I think in 2020, bitcoin prices have stabilized at a price above $ 1,000, it is a very good thing, but maybe at that bitcoin holders may wait for the price to $ 2000 and onwards bitcoin. Well, I'm sure everyone in the world already have their own wallet, and have their own bitcoin

Not possible to predict the exact price of bitcoin after 4 years but it will be higher for sure as till that time lot of development would be done in bitcoin which will take price to a higher level.

Farma

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Quote from: virtualkeybuyer on July 30, 2016, 03:49:38 PM

Only 3 and half years are remaining to enter 2020, and in that time I think the price of bitcoin will increase but will not be in more than 4 digits, I think the price of bitcoin at that time will be around $1000 to $2000, if we keep promoting the technology and concept of bitcoin all around us.

it soon is a high price, I think in 2020, bitcoin prices have stabilized at a price above $ 1,000, it is a very good thing, but maybe at that bitcoin holders may wait for the price to $ 2000 and onwards bitcoin. Well, I'm sure everyone in the world already have their own wallet, and have their own bitcoin

JessicaSe

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Quote from: randy8777 on August 07, 2016, 10:45:56 AM

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Quote from: ASHLIUSZ on August 05, 2016, 09:39:27 AM

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Quote from: pvaspecialist on July 31, 2016, 07:33:38 AM

Quote from: arandy on July 21, 2015, 04:24:26 AM

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be Cool

Well next 4 years I don't think bitcoin reach $10k because now price is now $650 and its need long run to reach $10k.Still bitcoin can not reach to people everywhere in the world.First bitcoin need to introduce everywhere and encouraging people to use bitcoin when that's happening that time will be possible to reach the moon.

There will not be many people in the world use the bitcoin. If 1% of the world population use the bitcoin, the price will be over $500,000.

Already 1% people over the world are aware about bitcoin, the current price is $570 and the price expected by you is $500k, the difference is too large and if 30% people come to know about bitcoin then the price will touch $10k.

1% of the world population is about 70 million people. But just may 0. 5 million people actually own bitcoin.

we will probably never know how many people are actually holding bitcoin, but i am quite sure that the number is far below 1 million. maybe as you also said, closer to 500k. this however shows how much growth we can potentially expect in the future. keep holding and everyone will be just fine.

Its never possible to calculate the exact percentage of users using bitcoin, but one thing is sure the number is too low at a moment, hopefully it will increase in future.

randy8777

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Quote from: ASHLIUSZ on August 05, 2016, 09:39:27 AM

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Quote from: pvaspecialist on July 31, 2016, 07:33:38 AM

Quote from: arandy on July 21, 2015, 04:24:26 AM

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be Cool

Well next 4 years I don't think bitcoin reach $10k because now price is now $650 and its need long run to reach $10k.Still bitcoin can not reach to people everywhere in the world.First bitcoin need to introduce everywhere and encouraging people to use bitcoin when that's happening that time will be possible to reach the moon.

There will not be many people in the world use the bitcoin. If 1% of the world population use the bitcoin, the price will be over $500,000.

Already 1% people over the world are aware about bitcoin, the current price is $570 and the price expected by you is $500k, the difference is too large and if 30% people come to know about bitcoin then the price will touch $10k.

1% of the world population is about 70 million people. But just may 0. 5 million people actually own bitcoin.

we will probably never know how many people are actually holding bitcoin, but i am quite sure that the number is far below 1 million. maybe as you also said, closer to 500k. this however shows how much growth we can potentially expect in the future. keep holding and everyone will be just fine.

ASHLIUSZ

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Quote from: pvaspecialist on July 31, 2016, 07:33:38 AM

Quote from: arandy on July 21, 2015, 04:24:26 AM

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be Cool

Well next 4 years I don't think bitcoin reach $10k because now price is now $650 and its need long run to reach $10k.Still bitcoin can not reach to people everywhere in the world.First bitcoin need to introduce everywhere and encouraging people to use bitcoin when that's happening that time will be possible to reach the moon.

There will not be many people in the world use the bitcoin. If 1% of the world population use the bitcoin, the price will be over $500,000.

Already 1% people over the world are aware about bitcoin, the current price is $570 and the price expected by you is $500k, the difference is too large and if 30% people come to know about bitcoin then the price will touch $10k.

pvaspecialist

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Quote from: arandy on July 21, 2015, 04:24:26 AM

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be Cool

Well next 4 years I don't think bitcoin reach $10k because now price is now $650 and its need long run to reach $10k.Still bitcoin can not reach to people everywhere in the world.First bitcoin need to introduce everywhere and encouraging people to use bitcoin when that's happening that time will be possible to reach the moon.

StoreBit

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if we look at the present trend of the price of bitcoin and the people interest we can conclude that the price of bitcoin will not come down and it will continue its journey upward, there fore i can say that in 2020 if the government have also take a positive step toward bitcoin and turn it as a legal currency, then the price of bitcoin will about 2500 USD,

virtualkeybuyer

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Only 3 and half years are remaining to enter 2020, and in that time I think the price of bitcoin will increase but will not be in more than 4 digits, I think the price of bitcoin at that time will be around $1000 to $2000, if we keep promoting the technology and concept of bitcoin all around us.

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Quote from: martinacar on July 30, 2016, 03:23:18 PM

Quote from: Ewinsane on July 30, 2016, 02:25:00 PM

i think its depend on adoption of bitcoin if a large number of people adopt the bitcoin then 1 bitcoin easily hit to 10,000$.

With adoption growing and with the halving in 2020. I guess we will see a price close to 2000 dollar.
That's why I am not selling at the moment, the price will have to go up in the long term.

So you're not going to sell anything before we're in 2020? That's quite impressive if you really manages to not sell anything till that time. So far I don't know anyone that managed to do the same.

martinacar

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Quote from: Ewinsane on July 30, 2016, 02:25:00 PM

i think its depend on adoption of bitcoin if a large number of people adopt the bitcoin then 1 bitcoin easily hit to 10,000$.

With adoption growing and with the halving in 2020. I guess we will see a price close to 2000 dollar.
That's why I am not selling at the moment, the price will have to go up in the long term.

Ewinsane

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i think its depend on adoption of bitcoin if a large number of people adopt the bitcoin then 1 bitcoin easily hit to 10,000$.

w00t

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The midterm guess is rather difficult. My guess would be something like 10k USD conservatively, it could go to 100k USD though.

Why I think it will be in range 10-100k USD per 1 BTC?

Every single week I hear news that we are moving towards the cashless society. As far as I know the closest thing to cash is not gold or silver it's BTC for it's perfect divisibility and ease of transportation.
With negative interests already in place in more and more countries the only way how to escape this extra tax in place is through cash, cash is about to be banned - see point #1
USD M0 supply (M0 = bank notes and coins) is about 4 trillion USD, 1 million BTC is lost (or at least will never be traded) -> 4 trillion/20million and there you go 200k USD per 1 BTC is now easy. This is USD only, imagine if they go "cashless" in EU or some another country, you're easily at 500k USD per 1 BTC.
A lot people is storing value in gold, valuing it close to 8 Trillion USD total as of today, simply because they don't know any better or are "scared" of anything else. Do your own calculation but speculating half of it will go to BTC there is another 4 Trillion market cap for you (+200k USD per 1BTC value). Once the ice will start moving and we go "cashless" gold can be easily pumped to 20 Trillion before they realize that they bet on the wrong horse.

Feel free to say I'm wrong, but say why I'm wrong. If you say "it's not possible" without giving a reason you look silly to say the least.

Sources:
http://www.tradingeconomics.com/united-states/money-supply-m0
http://onlygold.com/Info/All-The-Gold-In-The-World.asp

ontrackk

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Quote from: Sidtamfia on July 14, 2016, 04:50:54 AM

Quote from: Altcoinmoney on July 05, 2016, 09:16:07 AM

The bitcoin is going fast in 2016 this year there happend allot to the bitcoin as we all can see. But there are two difference between the price
for now and the price in 2020 i dont think the price will be such high in 2020 sorry,

The price has risen quite a lot this year. It is almost double the price from 6 months ago. The price will be much higher in 2020.

thats right, i think that the price of the bitcoin is going to grow even more in the near future, i hope that it was just the beginning after this halving

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Quote from: Bamsed on July 20, 2016, 08:13:32 AM

2020 is 4 years away. I think the price will rise 10 to 50 fold in the next four years. So it could be $30,000 each.

that would be really great though those are just predictions that might turn out to be false, i think that bitcoin can reach 10000 dollars but 30000 seems a bit unrealistic

abugseuf

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Quote from: JessicaSe on July 21, 2016, 03:03:51 PM

Its not possible to predict that will be the price of bitcoin by that time but one thing is sure that it will be holding 4 digit price allowing us to make good money.

yes it is not so easy to study the nature of bitcoin. and to predict the price of bitcoin in advance but we can say that if it is about 2000$ then it will good for us. i can hope that in 2020 bitcoin will be trade above 2500$ per bitcoin and that will be a good price at that time.

Sidtamfia

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Quote from: Bamsed on July 22, 2016, 05:29:18 AM

Quote from: Vikingr on July 21, 2016, 04:10:19 PM

Quote from: Altcoinmoney on July 05, 2016, 09:16:07 AM

The bitcoin is going fast in 2016 this year there happend allot to the bitcoin as we all can see. But there are two difference between the price
for now and the price in 2020 i dont think the price will be such high in 2020 sorry,

If we give our full support to bitcoin and promote this coin to all of our friends and relative and invite them to invest i there then it is sure that the price will be much higher maybe in 2020 it will be more than $5000.

That is what we are doing at the moment. Whenever I have a chance, I will promote the bitcoin. But I do not recommend them to buy.

It is better not to recommend people to buy. If they lose money in the investment, they will blame you.

Bamsed

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Quote from: Vikingr on July 21, 2016, 04:10:19 PM

Quote from: Altcoinmoney on July 05, 2016, 09:16:07 AM

The bitcoin is going fast in 2016 this year there happend allot to the bitcoin as we all can see. But there are two difference between the price
for now and the price in 2020 i dont think the price will be such high in 2020 sorry,

If we give our full support to bitcoin and promote this coin to all of our friends and relative and invite them to invest i there then it is sure that the price will be much higher maybe in 2020 it will be more than $5000.

That is what we are doing at the moment. Whenever I have a chance, I will promote the bitcoin. But I do not recommend them to buy.

Vikingr

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Quote from: Altcoinmoney on July 05, 2016, 09:16:07 AM

The bitcoin is going fast in 2016 this year there happend allot to the bitcoin as we all can see. But there are two difference between the price
for now and the price in 2020 i dont think the price will be such high in 2020 sorry,

If we give our full support to bitcoin and promote this coin to all of our friends and relative and invite them to invest i there then it is sure that the price will be much higher maybe in 2020 it will be more than $5000.

JessicaSe

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Its not possible to predict that will be the price of bitcoin by that time but one thing is sure that it will be holding 4 digit price allowing us to make good money.

Topic: How much do you think 1 Bitcoin will be worth in 2020? (Read 58237 times)