How much do you think 1 Bitcoin will be worth in 2020? - page 16.

gentlemand

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Quote from: jt byte on October 09, 2015, 07:25:45 AM

I think that maybe 20years from now that price can be reached.
Because within just 4-5 years it's hard to say that bitcoin price will be 400% more than now.
I speculate that it will reach 100% of today price with will be around 500$.

That value level is too low to sustain a healthy mining scene, let alone give all the businesses that surround it enough turnover to survive. If it is around there by that point it's on its way to dying if it wasn't dead already.

jt byte

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Quote from: Miyslovenic on October 09, 2015, 01:02:21 AM

For me in 2020 bitcoin will be worth more than 1000$ because during 2020 years surely many people will join in bitcoin world for that will effect on Bitcoin worth

I think that maybe 20years from now that price can be reached.
Because within just 4-5 years it's hard to say that bitcoin price will be 400% more than now.
I speculate that it will reach 100% of today price with will be around 500$.

Miyslovenic

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For me in 2020 bitcoin will be worth more than 1000$ because during 2020 years surely many people will join in bitcoin world for that will effect on Bitcoin worth

_AquaRegia

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Whatevery price people speculate, Bitcoin will not be worth that amount.
The price will go where no one expect it.

Ninjahitoko

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Why do you guys have such false hopes for bitcoin?
Bitcoin's value has been decreasing slowly. Just follow the trend and see where it leads!

jt byte

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Quote from: ?? on ??

i think that in 2020 the bitcoin price cannot be more than 1000 dollars. Still, its a long way to go to see the price near this mark.

It's all about 5 years from now, and there should be maybe 2 more halving until 2020.
So the block reward will go from 25BTC to 12.5BTC then maybe to 6.25BTC
The price at least should be increased 2 times (big jumps) and it can reach 1000$

vendetahome

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i believe it might be worth about 10 thousand dollars per bitcoin as the interest in bitcoins is getting bigger and bigger i hope that my prediction will be right

Guido

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closer to $10k than other figures.
it is more like 4 years away,2020
I expect to see $8k each sort of range

darkagentx

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I see it goes up to 800$ by year 2020. I need more weed to be certain from my smoke oracle.

dinda22

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Quote from: LFC_Bitcoin on October 04, 2015, 04:21:12 PM

Somewhere between the 2nd & 3rd options in the poll - between $1000 & $10000.
I'd be happy with $5000 which I see as more realistic than $10000.

yes I think bitcoin would never go at the price of $10,000. if realistic yes I agree bitcoin prices will range in price $1000-5000

LFC_Bitcoin

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Somewhere between the 2nd & 3rd options in the poll - between $1000 & $10000.
I'd be happy with $5000 which I see as more realistic than $10000.

prodigy8

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Quote from: arandy on October 01, 2015, 08:15:34 AM

Quote from: prodigy8 on October 01, 2015, 07:24:55 AM

Quote from: arandy on October 01, 2015, 05:48:35 AM

What about a more simpler approach

There should be around $60 trillion in money on this planet.
If bitcoins gets more accepted and used in those five years and would contain 1/10000th of value of all the money in the world.
By 2020 there would be a little under 18 million bitcoins.

With those numbers in mind 1 bitcoin would have a value of $300k Cool

What a calculation, i don't think that this even reachable, it is just to much for a single bitcoin to cost ~$300,000
If it only reach 1% of it which is ~$3,000 then that would be perfect for the bitcoin community.
It is almost 4 years until 2020 and maybe there will be another halving which means around 6.25BTC reward per block and the price maybe can reach 1,000 USD.

Did that one for the fun of it Wink

not something i believe in but also not something i would rule out entirely in the long run.

We are in economy speculate board so it can be real or not.
It is just a speculating but 300k is a large amount and mostly impossible.
I think that if only 1% bitcoin price reach then that would be a success.

azguard

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Quote from: iqlimasyadiqa on October 04, 2015, 12:16:56 AM

I think in 2020 I can sell 1 BTC mine above 1000 USD on every exchange in circulation.

sure it will be but price fluctuation will be in plus minus 50$ not just like now plus minus 10$

iqlimasyadiqa

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I think in 2020 I can sell 1 BTC mine above 1000 USD on every exchange in circulation.

cjmoles

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Technology improves and advances at such a high rate that an accurate prediction for the price of BTC cannot be reckoned....However, it is possible to predict, with a fair amount of accuracy, that the technology that we will have available to us in 2020 will far surpass the technology we have available to us at present. So, with that in mind, I would be very leery of investing too much into a technology that is already ancient in relative terms.

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Quote from: Denker on October 02, 2015, 04:03:59 PM

Quote from: Mickeyb on October 02, 2015, 01:17:12 PM

I think that Bitcoin price will be either very big in 5 years or very small in 5 years.

Big part of today's price is still based on expectation that Bitcoin will be huge. This is is justified since Bitcoin does have great potential and great technology. If this potential never sees a real use in the future, than price will be pennies in 5 years. If in the other side Bitcoin gets developed as we think it can, then we will see much, much higher prices than today.

Yes this is a bit like what satoshi said. Either we will see no transactions in the future or millions of it.
There are only those 2 options. Big fail or big success. I will go for big success although a almost 24 months long bear market can be really depressing sometimes.
I repeat it again.In 2020 I believe we will see high 4 digits or low 5 digits in Bitcoin price if it should be successful as we all hope and expect.

Yes, this is how I think about price as well, looking at the Satoshi assessment. It's impossible to have a small price if we will have a lot of transactions. It will be also impossible to have big price with not too many transactions.

I am ready to bet big that we will have a lot of transactions and the big price, otherwise I wouldn't be here.

Denker

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Quote from: Mickeyb on October 02, 2015, 01:17:12 PM

I think that Bitcoin price will be either very big in 5 years or very small in 5 years.

Big part of today's price is still based on expectation that Bitcoin will be huge. This is is justified since Bitcoin does have great potential and great technology. If this potential never sees a real use in the future, than price will be pennies in 5 years. If in the other side Bitcoin gets developed as we think it can, then we will see much, much higher prices than today.

Yes this is a bit like what satoshi said. Either we will see no transactions in the future or millions of it.
There are only those 2 options. Big fail or big success. I will go for big success although a almost 24 months long bear market can be really depressing sometimes.
I repeat it again.In 2020 I believe we will see high 4 digits or low 5 digits in Bitcoin price if it should be successful as we all hope and expect.

Terwa

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+1000$ Im sure Cool

fantoos

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I would say Bitcoin would be worth of 10000 $ in 2020.This is fair and honest minimum price in my opinion for 1 BTC and this will be even before that date I am sure of this.

nonbody

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i vote 10K, that maybe my optimism but i do think with massive adoption it is perfectly possible, but we would need a crash of a FIAT, such as whats happening in greece :/

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