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Topic: How much do you think 1 Bitcoin will be worth in 2020? - page 25. (Read 58237 times)

full member
Activity: 224
Merit: 100
it`ll be worth 1 trillion dollars like u.s debt..

im jk, but really though, I hope for it to go 5 figures or something in the near future.. only another 5 years will tell right?
full member
Activity: 210
Merit: 100
I hope at least 10000, this is my personal moon goal.

We all have the right to see a bubble and have chance to be rich, don't?

Thats free $1k in your pocket - to me it would be 1 months free rent money  Cheesy

Although if it did hit that amount Id probably wouldnt sell it still since I know itd go up even more.. unless i really am short on rent money.
sr. member
Activity: 322
Merit: 250
To 2020 year bitcoin will not be the main coin and the price will be very low. In the year 2018 a new coin, which will be a symbiosis of a few coins.
bitcoin COULD possibly be overtaken in a few decades, but it won't happen that quickly.

The world needs to first come to accept cryptocurrencies as a legitimate form of money, not a scam or pyramid scheme or internet play money. The average people need to believe that there is real value in cryptocurrencies, and that it is safe to use. Only then, can other cryptocurrencies thrive. Before then, if people dont' even trust bitcoin, they're definitely not going to use some new coin.

They could trust a currency like Monero that is totally untraceable and unlinkable.
the vast majority of people don't care about that. it'll only be within a very small niche.
legendary
Activity: 1232
Merit: 1005
I hope at least 10000, this is my personal moon goal.

We all have the right to see a bubble and have chance to be rich, don't?
sr. member
Activity: 379
Merit: 250
To 2020 year bitcoin will not be the main coin and the price will be very low. In the year 2018 a new coin, which will be a symbiosis of a few coins.
bitcoin COULD possibly be overtaken in a few decades, but it won't happen that quickly.

The world needs to first come to accept cryptocurrencies as a legitimate form of money, not a scam or pyramid scheme or internet play money. The average people need to believe that there is real value in cryptocurrencies, and that it is safe to use. Only then, can other cryptocurrencies thrive. Before then, if people dont' even trust bitcoin, they're definitely not going to use some new coin.

They could trust a currency like Monero that is totally untraceable and unlinkable.
sr. member
Activity: 322
Merit: 250
To 2020 year bitcoin will not be the main coin and the price will be very low. In the year 2018 a new coin, which will be a symbiosis of a few coins.
bitcoin COULD possibly be overtaken in a few decades, but it won't happen that quickly.

The world needs to first come to accept cryptocurrencies as a legitimate form of money, not a scam or pyramid scheme or internet play money. The average people need to believe that there is real value in cryptocurrencies, and that it is safe to use. Only then, can other cryptocurrencies thrive. Before then, if people dont' even trust bitcoin, they're definitely not going to use some new coin.
hero member
Activity: 770
Merit: 500
To 2020 year bitcoin will not be the main coin and the price will be very low. In the year 2018 a new coin, which will be a symbiosis of a few coins.
hero member
Activity: 756
Merit: 500
I would think that it will be $10 000 or more
legendary
Activity: 3892
Merit: 4331
What will happen:
Bitcoin will become M1, ethereum will become M2 and they will be linked (maybe ethereum will become a sidechain).
sr. member
Activity: 322
Merit: 250
why would you hope for hyper inflation? That seems like a stupid think to hope for, like a nuclear war.
hero member
Activity: 546
Merit: 501
I think it will be $100 USD because of deflation and geopolitical chaos.  I hope it will be $1,000,000 due to hyper-inflation.
sr. member
Activity: 322
Merit: 250
It is a long time until 2020. I remember that people have been called crazy in the beginning of 2013 for predicting an exchange price of over $100 for 1 BTC. I wouldn't be surprised if 1 BTC will be exchanged for a sum in the six or seven figures in 2020, if everything evolves very positive for the Bitcoin economy.

If BTC were traded for 6 or 7 figures in 2020 what do you think will happen with mining farms? The reward will be 6.25 per block and at six or seven figures per coin that's a serious amount of income.  Will they be guarded or maybe even government sanctioned then? They would be the gold mines of the future!
6 or 7 figures is a bit of a stretch. I don't think it will be sustainable if its reached, which isn't all that likely.

But something like 50k/coin seems possible.
legendary
Activity: 1442
Merit: 1186
It is a long time until 2020. I remember that people have been called crazy in the beginning of 2013 for predicting an exchange price of over $100 for 1 BTC. I wouldn't be surprised if 1 BTC will be exchanged for a sum in the six or seven figures in 2020, if everything evolves very positive for the Bitcoin economy.

If BTC were traded for 6 or 7 figures in 2020 what do you think will happen with mining farms? The reward will be 6.25 per block and at six or seven figures per coin that's a serious amount of income.  Will they be guarded or maybe even government sanctioned then? They would be the gold mines of the future!
hero member
Activity: 910
Merit: 1000
It is a long time until 2020. I remember that people have been called crazy in the beginning of 2013 for predicting an exchange price of over $100 for 1 BTC. I wouldn't be surprised if 1 BTC will be exchanged for a sum in the six or seven figures in 2020, if everything evolves very positive for the Bitcoin economy.
legendary
Activity: 1456
Merit: 1002
The value could be vastly huge! You have to consider panic buying as time goes on and we start closing in on the 21 million cap. Fomo could send the value through the roof

Do you think that panic buying will be coming all of us though? cause I dont really see it, unless some other country like greece who does need it or like china that`ll just want to be part of the bitcoin movment so they unban it.

hence making all those people in china buying at the last second. I wouldnt know where the new volatility would come from..
sr. member
Activity: 266
Merit: 250
The value could be vastly huge! You have to consider panic buying as time goes on and we start closing in on the 21 million cap. Fomo could send the value through the roof
hey we will not be near to the 21 million cap in 2020 but it will happen in 2140 approximately.
And there will also be panic selling when panic buying will take place.
legendary
Activity: 1442
Merit: 1186
The value could be vastly huge! You have to consider panic buying as time goes on and we start closing in on the 21 million cap. Fomo could send the value through the roof
legendary
Activity: 868
Merit: 1006
By 2020 I think its going to be 500$ Smiley
that fair price for bitcoin Smiley

we can buy bitcoin now and keep holding it for long investmen Wink


You could do a shit ton better than that with vastly less risk in conventional markets. If that's what people are aiming for then they should reexamine their strategy.

Indeed, what would be the point of holding long term if you are aiming for anything less than 5 figure a BTC? waste of time. A stock like Tesla will probably give you more than x3 your money in 20 years. With BTC if you are aiming for x100 type of gains you are doing it wrong and you should find another investment.
sr. member
Activity: 322
Merit: 250
By 2020 I think its going to be 500$ Smiley
that fair price for bitcoin Smiley

we can buy bitcoin now and keep holding it for long investmen Wink


You could do a shit ton better than that with vastly less risk in conventional markets. If that's what people are aiming for then they should reexamine their strategy.
I can't understand how these people manage to completely disregard time like that. They just pick a random value that's slightly higher so they think it's more realistic, without considering how it could happen, how long it would take for it to happen, and if the rewards > risks. It's just so sad.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
By 2020 I think its going to be 500$ Smiley
that fair price for bitcoin Smiley

we can buy bitcoin now and keep holding it for long investmen Wink


You could do a shit ton better than that with vastly less risk in conventional markets. If that's what people are aiming for then they should reexamine their strategy.
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