How much do you think 1 Bitcoin will be worth in 2020? - page 13.

bronan

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Lazy Lurker Reads Alot

Well one thing is for certain many here still dreaming of a insane value for bitcoin.
Its ok to have wet dream fantasies too, but i think its just that a dream
My guess is that it will keep hoovering between 50 and 500 dollar for a long time.
Will it ever break that precious $1200 do not think so, my crystal ball is not so clear on that Wink

thejaytiesto

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Quote from: Febo on October 20, 2015, 01:43:46 PM

Quote from: coinplus on October 20, 2015, 01:39:34 PM

Quote from: gentlemand on October 20, 2015, 09:12:39 AM

Quote from: Nextgen on October 20, 2015, 03:20:21 AM

i highly doubt the stable price would be 1k ,for that to happen it has to reach atleast 2k $ and i dont know the reason why you guys think the price will only increase ? 200~ is a dead stable price .

The block reward halving makes it increasingly uneconomic to mine. Some big miners have said cost price is somewhere around $150 and that's with free electricity in certain cases. By 2020 the block rewards will have fallen from 25 to 6.25 coins.

If the price is still around those levels by then it won't have caught on and there won't be any increase in transaction fees to subsidise the block reward. It would be on its way to curtains probably. It would still be possible to mine but there wouldn't be a great deal of incentive to do so.

By 2020, block reward would be just 25% of what we have now. Then there should be at least 400% growth in bitcoin price. It's just a mathematical calculation. But there are lot of factors which has more significant influences directly into bitcoin prices. So we can expect even 400 times appreciations also.

One factor you are mentioning is price of electricity. in 2020 should be much higher then now. Higher electricity price will help Bitcoin price grow, or made less people mine it.

There is always going to be people on this planet that meet the criteria of a person that can make benefit from Bitcoin. Statistically there is always out there with a good price in their local area for electricity, that owns a good enough mining farm. I don't have any fear of lack of hashing power because of a potential raise in electricity bills.

CasioK

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Quote from: neonshium on October 20, 2015, 10:48:57 PM

Quote from: Nautiluss on October 20, 2015, 09:31:43 PM

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

That will be five years from now I think the coin's price in that time will be $10000.

$10k per one bitcoin in five years highly possible price. I believe $10k price might be reached within 2 years from the second halving. Once people started to invest into bitcoin then massive investment are inevitable to make prices flying towards moon.

Yes reasonable. Bitcoin prices are highly dependent on new investments which are only possible for a raising priced commodity. Once bitcoin prices turned back to raising edge then we can see higher and higher prices.

mordekaiser

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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

I think the bitcoin's price in that year will be a lot like it will be $20000.

Miss Fortune

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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

In that year that is not so far from now think the bitcoin's price will be worth $150000.

neonshium

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Activity: 1134

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Quote from: Nautiluss on October 20, 2015, 09:31:43 PM

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

That will be five years from now I think the coin's price in that time will be $10000.

$10k per one bitcoin in five years highly possible price. I believe $10k price might be reached within 2 years from the second halving. Once people started to invest into bitcoin then massive investment are inevitable to make prices flying towards moon.

Nautiluss

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Activity: 168

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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

That will be five years from now I think the coin's price in that time will be $10000.

Miiike

legendary

Activity: 2030

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Wait... What?

Quote from: ?? on ??

1BTC = Lambo

I'll start investing from now !!!! Grin

or... does lambo became somewhat cheap on 2020? Grin

Callahan

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My vote:
1k< BTC <10k

Febo

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Quote from: coinplus on October 20, 2015, 01:39:34 PM

Quote from: gentlemand on October 20, 2015, 09:12:39 AM

Quote from: Nextgen on October 20, 2015, 03:20:21 AM

i highly doubt the stable price would be 1k ,for that to happen it has to reach atleast 2k $ and i dont know the reason why you guys think the price will only increase ? 200~ is a dead stable price .

The block reward halving makes it increasingly uneconomic to mine. Some big miners have said cost price is somewhere around $150 and that's with free electricity in certain cases. By 2020 the block rewards will have fallen from 25 to 6.25 coins.

If the price is still around those levels by then it won't have caught on and there won't be any increase in transaction fees to subsidise the block reward. It would be on its way to curtains probably. It would still be possible to mine but there wouldn't be a great deal of incentive to do so.

By 2020, block reward would be just 25% of what we have now. Then there should be at least 400% growth in bitcoin price. It's just a mathematical calculation. But there are lot of factors which has more significant influences directly into bitcoin prices. So we can expect even 400 times appreciations also.

One factor you are mentioning is price of electricity. in 2020 should be much higher then now. Higher electricity price will help Bitcoin price grow, or made less people mine it.

coinplus

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Activity: 1386

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Quote from: gentlemand on October 20, 2015, 09:12:39 AM

Quote from: Nextgen on October 20, 2015, 03:20:21 AM

i highly doubt the stable price would be 1k ,for that to happen it has to reach atleast 2k $ and i dont know the reason why you guys think the price will only increase ? 200~ is a dead stable price .

The block reward halving makes it increasingly uneconomic to mine. Some big miners have said cost price is somewhere around $150 and that's with free electricity in certain cases. By 2020 the block rewards will have fallen from 25 to 6.25 coins.

If the price is still around those levels by then it won't have caught on and there won't be any increase in transaction fees to subsidise the block reward. It would be on its way to curtains probably. It would still be possible to mine but there wouldn't be a great deal of incentive to do so.

By 2020, block reward would be just 25% of what we have now. Then there should be at least 400% growth in bitcoin price. It's just a mathematical calculation. But there are lot of factors which has more significant influences directly into bitcoin prices. So we can expect even 400 times appreciations also.

gentlemand

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Welt Am Draht

Quote from: Nextgen on October 20, 2015, 03:20:21 AM

i highly doubt the stable price would be 1k ,for that to happen it has to reach atleast 2k $ and i dont know the reason why you guys think the price will only increase ? 200~ is a dead stable price .

The block reward halving makes it increasingly uneconomic to mine. Some big miners have said cost price is somewhere around $150 and that's with free electricity in certain cases. By 2020 the block rewards will have fallen from 25 to 6.25 coins.

If the price is still around those levels by then it won't have caught on and there won't be any increase in transaction fees to subsidise the block reward. It would be on its way to curtains probably. It would still be possible to mine but there wouldn't be a great deal of incentive to do so.

1Referee

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Quote from: Nextgen on October 20, 2015, 03:20:21 AM

Quote from: Amph on October 20, 2015, 03:05:58 AM

Quote from: andresem on October 19, 2015, 09:10:56 PM

in 2020 year I think the price will be around $1000

underwhelming i would say, but it is a 1k stable price like it is today for 230, then it could be ok i guess

stable price must be separated from ath, it's x10 harder to remain above a certain value for an undefined time, than simply reaching it

i highly doubt the stable price would be 1k ,for that to happen it has to reach atleast 2k $ and i dont know the reason why you guys think the price will only increase ? 200~ is a dead stable price .

Not to mention that there are still a lot people who bought their coins above $800 and are eagerly waiting to sell them when they think the time is right. Even if we reach $1000 we won't manage to stay there and probably fall back to the $600-$700 level as there are too many people willing to unload.

Mickeyb

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Move On !!!!!!

Quote from: Nextgen on October 20, 2015, 03:20:21 AM

Quote from: Amph on October 20, 2015, 03:05:58 AM

Quote from: andresem on October 19, 2015, 09:10:56 PM

in 2020 year I think the price will be around $1000

underwhelming i would say, but it is a 1k stable price like it is today for 230, then it could be ok i guess

stable price must be separated from ath, it's x10 harder to remain above a certain value for an undefined time, than simply reaching it

i highly doubt the stable price would be 1k ,for that to happen it has to reach atleast 2k $ and i dont know the reason why you guys think the price will only increase ? 200~ is a dead stable price .

Well the biggest truth is that we all are just speculating. Nobody knows what the price will be next year and not in 5 years time. 5 years in crypto is an eternity and many planned and unplanned things can happen in such a long period of time.

I hope, just like everyone else on this forum that price will skyrocket. Now will this happen, we will see!

Nextgen

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Quote from: Amph on October 20, 2015, 03:05:58 AM

Quote from: andresem on October 19, 2015, 09:10:56 PM

in 2020 year I think the price will be around $1000

underwhelming i would say, but it is a 1k stable price like it is today for 230, then it could be ok i guess

stable price must be separated from ath, it's x10 harder to remain above a certain value for an undefined time, than simply reaching it

i highly doubt the stable price would be 1k ,for that to happen it has to reach atleast 2k $ and i dont know the reason why you guys think the price will only increase ? 200~ is a dead stable price .

Amph

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Activity: 3248

Merit: 1070

Quote from: andresem on October 19, 2015, 09:10:56 PM

in 2020 year I think the price will be around $1000

underwhelming i would say, but if it is a 1k stable price like it is today for 230, then it could be ok i guess

stable price must be separated from ath, it's x10 harder to remain above a certain value for an undefined time, than simply reaching it

Nidaleee

full member

Activity: 167

Merit: 100

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

It will be worth more than we can imagine,

I hope its price will be $20000.

Nautiluss

full member

Activity: 168

Merit: 100

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

The bitcoin's price in that time would grow I'm pretty sure it will, like $1000000

Kevin77

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Activity: 1652

Merit: 1057

Quote from: mordekaiser on October 19, 2015, 10:14:08 PM

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

That is less than five years from now I think the bitcoins price during that time will rise up but not in a very exaggerating way that most people expected it will be just right.

Yes there are plenty of chances for bitcoin to evolve itself as a main stream of payment processor as well as prime digital money by the year 2020. So we can expect at least half the million price for one bitcoin by that time.

mordekaiser

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Activity: 182

Merit: 100

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

That is less than five years from now I think the bitcoins price during that time will rise up but not in a very exaggerating way that most people expected it will be just right.

Topic: How much do you think 1 Bitcoin will be worth in 2020? - page 13. (Read 58237 times)