Topic: How much do you think 1 Bitcoin will be worth in 2020? - page 26. (Read 58237 times)
My wild gues would be between $2,500 and $5,000. I think this is very achievable if we continue the rate of adoption and a rate of investment, VC especially as we are seeing in 2015. Of course we need Bitcoin to improve as well and to have some consensus in the ecosystem, first is most obviously the block size debate.
By 2020 I think its going to be 500$ 
that fair price for bitcoin
we can buy bitcoin now and keep holding it for long investmen
that fair price for bitcoin
we can buy bitcoin now and keep holding it for long investmen
By 2020 I think its going to be none of those options.
And it could just sky rocket for no reason based on just rich folks have huge money to test what bitcoin is about, and if one of them are convinced by their VC partners or something.
And it could just sky rocket for no reason based on just rich folks have huge money to test what bitcoin is about, and if one of them are convinced by their VC partners or something.
I know the value will jump, but I say within before the end of this yea it`ll be officially high 200ish or lower 300ish.
And this is based on going up and down each month basis then a daily basis.
But overall look its going to skyrocket since its consider the only positive money for americans and everyone else who wants to be their own bank.
And this is based on going up and down each month basis then a daily basis.
But overall look its going to skyrocket since its consider the only positive money for americans and everyone else who wants to be their own bank.
Its going to take this next year to really determine higher values.
Im hoping the new services provided to the community, like the gemini exchange bring in traditional investors since they also promote that etf. But overall it doesnt matter how long i hold it, as long I dont buy in what I can cant afford im good.
Im hoping the new services provided to the community, like the gemini exchange bring in traditional investors since they also promote that etf. But overall it doesnt matter how long i hold it, as long I dont buy in what I can cant afford im good.
It's funny how most of the posters who say something like "it can't get to 10k, that's too much" simply because they think it's too much, not because they have valid reasons why bitcoin will fail are also the people who tend to write illogical sentences with horrible grammar.
I mean if you have valid reasons for why bitcoin will fail, great. Bitcoin is an incredibly risky investment, and there are many problems that need to be solved before it can go mainstream, that is completely true.
Otherwise, saying that bitcoin will remain a few hundred or a few thousand simply because your little brain cannot comprehend the possibility of its price going up is quite laughable. In what scenario will bitcoin be worth $200-1000? If everything else stays exactly the same? That's a ridiculous assumption. Either things improve and bitcoin improves, thus increasing in price many-fold, or nothing happens, in which case people will start losing hope and price will go down. The chances of bitcoin staying at a price that's not so low it's basically dead, and yet not high enough to be relevant in the real world is very, very low. Not impossible, but very low.
I'm willing to bet that every single person who says bitcoin cannot reach 10k in this thread (other than people who thinks it will fail) did not do ANY critical thinking, and only looked at the current price and thinks 10k is too far off. Learn to think critically, people.
I mean if you have valid reasons for why bitcoin will fail, great. Bitcoin is an incredibly risky investment, and there are many problems that need to be solved before it can go mainstream, that is completely true.
Otherwise, saying that bitcoin will remain a few hundred or a few thousand simply because your little brain cannot comprehend the possibility of its price going up is quite laughable. In what scenario will bitcoin be worth $200-1000? If everything else stays exactly the same? That's a ridiculous assumption. Either things improve and bitcoin improves, thus increasing in price many-fold, or nothing happens, in which case people will start losing hope and price will go down. The chances of bitcoin staying at a price that's not so low it's basically dead, and yet not high enough to be relevant in the real world is very, very low. Not impossible, but very low.
I'm willing to bet that every single person who says bitcoin cannot reach 10k in this thread (other than people who thinks it will fail) did not do ANY critical thinking, and only looked at the current price and thinks 10k is too far off. Learn to think critically, people.
I think the price could go above 10,000 USD but it could be a 10 years time more. I'm perfectly willing to wait. I suppose mass adoption is inevitable but it just needs somebody to make the first move (a huge country / organizations etc)
By 2020:
1. Banks will realize that creating their own blockchains would be much more expensive vs just hopping on bitcoin (don't know v 1.0 or 2.0).
2. governments will realize that they can distribute money and collect taxes easier using bitcoin.
3. core dev will finally approve a rise in blocksize...I hope.
the future price of bitcoin, however, is unknowable for a few very simple reasons:
a. Why would current fiat/debt holders want to change to bitcoin when they are so comfortable in fiat? If they won't, we will grow slow, which might not be a bad thing.
b. In addition to that, if you have debts in fiat that is constantly declining in value while keep assets in presumably appreciating bitcoin, there will be an imbalance, so after a while the system has to be either at least 90-99% bitcoin/crypto or 90-99% fiat.
c. There is also a remote (1%) possibility of an ugly hybrid whereas devs will introduce inflation into bitcoin (over 21 mil)-it looks very unappealing right now, but once the issuance stops or comes to a little trickle, such opinions might gain hold.
1. Banks will realize that creating their own blockchains would be much more expensive vs just hopping on bitcoin (don't know v 1.0 or 2.0).
2. governments will realize that they can distribute money and collect taxes easier using bitcoin.
3. core dev will finally approve a rise in blocksize...I hope.
the future price of bitcoin, however, is unknowable for a few very simple reasons:
a. Why would current fiat/debt holders want to change to bitcoin when they are so comfortable in fiat? If they won't, we will grow slow, which might not be a bad thing.
b. In addition to that, if you have debts in fiat that is constantly declining in value while keep assets in presumably appreciating bitcoin, there will be an imbalance, so after a while the system has to be either at least 90-99% bitcoin/crypto or 90-99% fiat.
c. There is also a remote (1%) possibility of an ugly hybrid whereas devs will introduce inflation into bitcoin (over 21 mil)-it looks very unappealing right now, but once the issuance stops or comes to a little trickle, such opinions might gain hold.
Lol if it takes as long as 2020 to reach a blocksize increase consensus we will meet a lot of problems in the meantime if people start hopping on BTC and volume increases.
Also there's no need for inflation since BTC is divisible enough, there will always be liquidity.
Well we don't know about the worth of bitcoin in 2020 but I think bitcoin will be worth around 1000$ hopely more
If i need to be realistic, it would be around 1000$.
10.000$ voters look pretty delusional to me.
Check Bitcoin charts, bitcoin gains 100$ average. That makes 1000$ bet safe.
Don't mix your feelings in when it comes to investing real money.
10.000$ voters look pretty delusional to me.
Check Bitcoin charts, bitcoin gains 100$ average. That makes 1000$ bet safe.
Don't mix your feelings in when it comes to investing real money.
agree wholeheartedly!
Tell facebook in 2005 that having 100M+ users is unrealistic because they only had 5M at that time. It's just such a bad argument.
You're confusing "metaphysically possible" with "realistic." It's metaphysically possible for to win a million dollars in a casino, starting with a a single buck. OTOH, banking on that happening is not what most consider yo be realistic.
A famous example is the guy who sold his 10% Apple stake for $800 (plus $1500 later) in 1976, two weeks after Apple started.
He thought that Apple was unlikely to succeed and needed the money.
10% is worth 65 bil now.
By 2020:
1. Banks will realize that creating their own blockchains would be much more expensive vs just hopping on bitcoin (don't know v 1.0 or 2.0).
2. governments will realize that they can distribute money and collect taxes easier using bitcoin.
3. core dev will finally approve a rise in blocksize...I hope.
the future price of bitcoin, however, is unknowable for a few very simple reasons:
a. Why would current fiat/debt holders want to change to bitcoin when they are so comfortable in fiat? If they won't, we will grow slow, which might not be a bad thing.
b. In addition to that, if you have debts in fiat that is constantly declining in value while keep assets in presumably appreciating bitcoin, there will be an imbalance, so after a while the system has to be either at least 90-99% bitcoin/crypto or 90-99% fiat.
c. There is also a remote (1%) possibility of an ugly hybrid whereas devs will introduce inflation into bitcoin (over 21 mil)-it looks very unappealing right now, but once the issuance stops or comes to a little trickle, such opinions might gain hold.
1. Banks will realize that creating their own blockchains would be much more expensive vs just hopping on bitcoin (don't know v 1.0 or 2.0).
2. governments will realize that they can distribute money and collect taxes easier using bitcoin.
3. core dev will finally approve a rise in blocksize...I hope.
the future price of bitcoin, however, is unknowable for a few very simple reasons:
a. Why would current fiat/debt holders want to change to bitcoin when they are so comfortable in fiat? If they won't, we will grow slow, which might not be a bad thing.
b. In addition to that, if you have debts in fiat that is constantly declining in value while keep assets in presumably appreciating bitcoin, there will be an imbalance, so after a while the system has to be either at least 90-99% bitcoin/crypto or 90-99% fiat.
c. There is also a remote (1%) possibility of an ugly hybrid whereas devs will introduce inflation into bitcoin (over 21 mil)-it looks very unappealing right now, but once the issuance stops or comes to a little trickle, such opinions might gain hold.
If i need to be realistic, it would be around 1000$.
10.000$ voters look pretty delusional to me.
Check Bitcoin charts, bitcoin gains 100$ average. That makes 1000$ bet safe.
Don't mix your feelings in when it comes to investing real money.
10.000$ voters look pretty delusional to me.
Check Bitcoin charts, bitcoin gains 100$ average. That makes 1000$ bet safe.
Don't mix your feelings in when it comes to investing real money.
agree wholeheartedly!
Tell facebook in 2005 that having 100M+ users is unrealistic because they only had 5M at that time. It's just such a bad argument.
It's 5 years ahead, and few halvings ahead as well, so if bitcoin continues to get interes on the scale it has been happening so far, i agree with
the popular opinion (judging by the poll) of >10 000 USD.
Looking at the marketcap of bitcoin today, even tho it seams like a lot of money, it really isn't. The only thing we need is to make bitcoin
a trend umung the younger generation, and the investors will follow, which will then result in another boom expansion in bitcoin related goods and services.
cheers
the popular opinion (judging by the poll) of >10 000 USD.
Looking at the marketcap of bitcoin today, even tho it seams like a lot of money, it really isn't. The only thing we need is to make bitcoin
a trend umung the younger generation, and the investors will follow, which will then result in another boom expansion in bitcoin related goods and services.
cheers
Today's marketcap is incredibly tiny, I mean it actually triggers a laugh on my every time I look at cryptomarketcap and I see the incredibly tiny amount that 4 billion is. There are so many companies with 4 billion as marketcap that are nothing compared to what BTC has to offer.
Oh boy so much can happen in 4,5 years. Being super optimistic I would say something between 5k-10k.
What happens if all btc is mined, will price go up or down?
up is the only way it should go
If it is 2020, then it will be 5000-7000$ per btc I htink.
no it is far away 2140, but the good thing is that after 2024 or 2028 the mining supply will be so small and the inflation too, which will result in a negligeable impact on the price, so we should already have a good scenario for when the supply will be depleted completely
What happens if all btc is mined, will price go up or down?
up is the only way it should go
If it is 2020, then it will be 5000-7000$ per btc I htink.
What happens if all btc is mined, will price go up or down?
up is the only way it should go
What happens if all btc is mined, will price go up or down?
If i need to be realistic, it would be around 1000$.
10.000$ voters look pretty delusional to me.
Check Bitcoin charts, bitcoin gains 100$ average. That makes 1000$ bet safe.
Don't mix your feelings in when it comes to investing real money.
10.000$ voters look pretty delusional to me.
Check Bitcoin charts, bitcoin gains 100$ average. That makes 1000$ bet safe.
Don't mix your feelings in when it comes to investing real money.
agree wholeheartedly!
If i need to be realistic, it would be around 1000$.
10.000$ voters look pretty delusional to me.
Check Bitcoin charts, bitcoin gains 100$ average. That makes 1000$ bet safe.
Don't mix your feelings in when it comes to investing real money.
10.000$ voters look pretty delusional to me.
Check Bitcoin charts, bitcoin gains 100$ average. That makes 1000$ bet safe.
Don't mix your feelings in when it comes to investing real money.
The answer to this question cannot be given right now.
We should wait until block halving to see the prices.
If it will be positive then Bitcoin prices can skyrocket.
We should wait until block halving to see the prices.
If it will be positive then Bitcoin prices can skyrocket.
i sometimes hope that the skyrocket thing never happens, and we continue to see some sort of stable price rise every month which makes bitcoin a reliable investment instead of a high risk plaything that can make you a lot of money and at the same time make you regret your decisions.
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