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Topic: How much do you think 1 Bitcoin will be worth in 2020? - page 17. (Read 58237 times)

hero member
Activity: 798
Merit: 1000
Move On !!!!!!
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.
hero member
Activity: 994
Merit: 500
I honestly think

jan 2016= 269

jan 2017= 301

jan 2018= 528

jan 2019= 470

jan 2020= 645

dec. 2020= 789

q:
how come i can not vote on the polls?
I am guessing that it is b/c I am a newbie, but curious Smiley

In the middle of the next year there will be 12.5BTC the reward for each block.
So the price normally should increase and not stay where it will be(same).
Also after 3 years there will be another deduction and 6.25BTC this affect directly the price.
legendary
Activity: 3248
Merit: 1070
I honestly think

jan 2016= 269

jan 2017= 301

jan 2018= 528

jan 2019= 470

jan 2020= 645

dec. 2020= 789

q:
how come i can not vote on the polls?
I am guessing that it is b/c I am a newbie, but curious Smiley

this could be also true with a zero added, but as a stable price is another story

The scary thing is if bitcoin can touch $1,000-$2,000 again then it is entirely in the realm of possibility of seeing a $5,000-$10,000 coin. And again, if it does touch 5k+, it is also very possible and likely that it would reach 10k and beyond.

yeah it's an escalation, when the real pump will start i doubt any cheap price will be the target, last big ath was x12 of the initial price

x12 of what it is now, means 2500-3000 range
full member
Activity: 126
Merit: 100
Thank you for your time.
I honestly think

jan 2016= 269

jan 2017= 301

jan 2018= 528

jan 2019= 470

jan 2020= 645

dec. 2020= 789

q:
how come i can not vote on the polls?
I am guessing that it is b/c I am a newbie, but curious Smiley
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
The scary thing is if bitcoin can touch $1,000-$2,000 again then it is entirely in the realm of possibility of seeing a $5,000-$10,000 coin. And again, if it does touch 5k+, it is also very possible and likely that it would reach 10k and beyond.

FOMO is a beautiful thing.

I like the analysis.

And FOMO = Greed Wink
hero member
Activity: 994
Merit: 500
I see that in the poll there is an option of 1 Million, that should be only in our imaginary.
The price of a single bitcoin i think that should cost around 1,000 - 2,000 USD by 2020.
Time by time the bitcoin price will increase and there will be an slighly increase for each year until 2020.
legendary
Activity: 2002
Merit: 1040
The scary thing is if bitcoin can touch $1,000-$2,000 again then it is entirely in the realm of possibility of seeing a $5,000-$10,000 coin. And again, if it does touch 5k+, it is also very possible and likely that it would reach 10k and beyond.

FOMO is a beautiful thing.
sr. member
Activity: 433
Merit: 250
The scary thing is if bitcoin can touch $1,000-$2,000 again then it is entirely in the realm of possibility of seeing a $5,000-$10,000 coin. And again, if it does touch 5k+, it is also very possible and likely that it would reach 10k and beyond.
legendary
Activity: 2730
Merit: 1288
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 5 years from now and as I can see bitcoin has been doing pretty good there are more investors so by that year I guess
it will be $500.

NO way. In 5 years $ will have quite an inflation. I cant believe Bitcoin will only double its $ worth.  $1000 is way more possible.
sr. member
Activity: 336
Merit: 250
What about a more simpler approach Smiley
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.
hero member
Activity: 532
Merit: 500
What about a more simpler approach Smiley
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.
legendary
Activity: 1960
Merit: 1026
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 worth more a than  half a million dollars.
Better gather more coins now.

it was $100,000 is the number bulshit. bitcoin will never reach that price.
to reach $10,000 bitcoin will be very difficult
sr. member
Activity: 336
Merit: 250
What about a more simpler approach Smiley
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

full member
Activity: 168
Merit: 100
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 worth more a than  half a million dollars.
Better gather more coins now.
legendary
Activity: 1764
Merit: 1000
I am predicting that by the year 2020, bitcoin will be trading on the levels of 1,000 usd plus. This is being optimistic on my end, because trying for 10,000 USD is a bit quite a stretch Smiley
hero member
Activity: 532
Merit: 500
i think 1 Bitcoin will be worth between range $500-$1000 in 2020 because i'm very doubt the bitcoin price can reach more than $1000
even in the next 5 year and i think highest price of bitcoin in 2020 only can reach $1000 and then could be back to $500 or less

I am more positive than that. i see that bitcoin has since 2012 grown more than 2.26 per annum but i use that factor to get a conservative bottom price if it crashed (but did not fail which would take it to near zero).
So i see bitcoin being at the very least $5,365 in 2020.

so buying now at around $300 should mean your investment grows 18 times in the period.

Year   Expected Lowest price
2012   $4
2013   $10
2014   $24
2015   $60
2016   $146
2017   $360
2018   $886
2019   $2,181
2020   $5,365

here is what the actual lowest price was
Year   Actual
2012   $4
2013   $13
2014   $302
2015   $177
2016   n/a
2017   n/a
2018   n/a
2019   n/a
2020   n/a

For this year 177$? I have read in coindesk that the bitcoin price was fallen down to ~150$
That was the lowest price for this year but still 3 months counting.
Since the block reward is going to be deducted by 50% every time (every 3-4 years) then i think $1k probably will be at 2020
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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 5 years from now and as I can see bitcoin has been doing pretty good there are more investors so by that year I guess
it will be $500.

In 4 years and 3 months you see the price of Bitcoin at $500? Really?
For me this would mean that this experiment had failed.
I expect to see a price of $500 some time around the end of next year.
In 2020 hopefully high 4 digits or low 5 digits.

Respect !!

You summed up all what I want to say.

The issue is that people can't see the bigger picture or there minds can't manage to think about high gains.
legendary
Activity: 1442
Merit: 1016
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 5 years from now and as I can see bitcoin has been doing pretty good there are more investors so by that year I guess
it will be $500.

In 4 years and 3 months you see the price of Bitcoin at $500? Really?
For me this would mean that this experiment had failed.
I expect to see a price of $500 some time around the end of next year.
In 2020 hopefully high 4 digits or low 5 digits.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht

Man, a $20 taco? That better not have any chewy pieces of carne if pay $20! Also there better be extra guacamole... Mmm I just made myself hungry.
The above table is an outlook on a failed US dollar. If the inflation went this quick the US would be in serious trouble. Like better have bullets and large supply of water trouble.

I'd be less surprised by the total collapse of society than a $1000 Novacoin.
full member
Activity: 182
Merit: 100
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 on that year will be around $5000 to $10000
a lot of money right. I think it is not impossible for this to happen.
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