Topic: How much do you think 1 Bitcoin will be worth in 2020? - page 23. (Read 58237 times)

probably $10,000 in 2020 with speculative bubble spikes value to more than $30,000 between now and 2020.

If it looks like sticking around that price level after several more years of development, two halvings and ever increasing awareness then I think the party will've moved elsewhere and you can lop a zero or two off that.

I can't even see it surviving the upcoming fork disaster and if it does survive with say roughly half the current value, what's next? Somebody will come up with some idea that gets some community support again a year later, causing another fork, and another, and another...
No thanks, i think the average Joe will agree this is not going to work in daily life and can't sustain any value over any useful time.
It was a nice experiment though!

My vote would have to go to $0 but i'll be optimistic and put it on $10.

You're right it's not that far away, but there will be two halvings during that time period. One in 2016 and again in 2020. Block rewards will only be 6.25BTC then.

2020 is not that far it will stick to 500.

I vote for 1 million, maybe for a brief amount of time, since the sell pressure will be very high at that level

1. hyperinflation is coming
2. 3D technology in semi-conductor efficiency raise
3. wide spread of bitcoin knowledge
4. Fork-tested robustness

Agreed, this is definitely skewed since it's being asked on a bitcoin enthusiast forum.  However if you asked random people on the street, they have no idea about the value of a bitcoin so those results would be wrong as well. It's not like a jar of jelly beans or how much a cow weighs were anyone can make a good guess.  I guess you would have to get a room full of bitcoin bears and bulls for a better result.

BTC will not be more than 500$ in the next 5years   

Agree. That's quite possible scenario

Yea but this is like going to Dallas Cowboys preseason game and asking who's going to win the super bowl. You know almost everyone's going to say Cowboys but that does not mean that it's the majority opinion.

There are ways to use Bitcoin NOW to make money does not mean it will be like that in 2020. We already seen China. Iceland, Vietnam, Bolivia, Kyrgyzstan, Ecuador, Russia ban the use of Bitcoin as a payment. If it reaches 10k politicians will see it as a threat. Look what the USA has done to protect American interest in the Middle East. Refusing to go a gold standard is the whole reason behind most of it. What do you think these nations would do if a new currency that they had no control over even had a slight chance of taking over. Crush it with no effort.

Not true. That's the main reason a lot of people use Bitcoin.Gambling, drugs, moving money to an account in bitcoins means no s.s.n. And almost anyone not using it for that is just in it for the investment.

so why you stay at here ?
why you join bitcoin comunity if you know bitcoin has no value ?

bitcoin is future of money

0 or same. If it starts to skyrockets the gov will shut it down. All gov. Has to do is say it's used for illegal activity that supplies kids drugs through the mail.

don't think that the near future of BTC is promisor, so much talk about XT thing, and people talking about rewrite the code itself because the original core is badly writen

why do you think that demand for Bitcoin will be skyrocketed in 2020(in just 4 and a half years from now)
I don't even believe that there are also these types of people that believe so much in Bitcoin.

would be worth at least $10.000 or $15.000 , because the demand of bitcoin would be skyrocketed.
we would need more independent miners to secure bitcoin, otherwise that is no good to bitcoin network.
let's see if people were in panic on buying HDD in 2020 if XT used in bitcoin core, i guess bitcoin would not be as sustainable as 2140, but i still believe in bitcoin goes $10.000 for the protocol.

With Crowd Intelligence you can aggregate the results, but there are a couple of key points that need to be followed for the  results to have any validity, which a vote like this thread will not provide:

1. Requisite Variety:  There needs to be a wide range of skills, from butcher/baker/candlestick maker etc.  Experts alone will not provide a better result, although their estimations should be included.  People who know nothing at all about the subject have just as much value when aggregating.

2.  The Crowd must not be allowed to confer, otherwise the there will be some transfer/entrainment that will reduce the accuracy, where people do not like to risk being at the outside of the herd.  Further, if all participants have access to the same information sources, then that too will cause it to fail.

There are a couple more points, but for the sake of brevity, if you think of the TV show "who wants to be a millionaire", the "Ask the audience" option is by far the most accurate choice, as they have to select an answer very quickly, don't have time to confer, and don't know what other people are choosing.  With that you can get accuracy in the 95%+ range, even if it is just guessing the number of jelly beans in a jar, or the weight of something that nobody really knows the answer to.  James Surowiecki is the go-to guy on the subject, and wrote the book on the subject.

If bitcion will reach 10,000 so nice many people will be happy

au contraire
Apparently, crowd based app predicted all last elections results.
but I agree that it is irrelevant here because btctalk crowd has on average a positive bias toward bitcoin.