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Topic: How much do you think 1 Bitcoin will be worth in 2020? - page 29. (Read 58237 times)

legendary
Activity: 1473
Merit: 1086
I want to say around $2,500 to $3,000 a coin but that is being optimistic, years go by pretty darn fast and we may just be at $1,000 a coin (not that it would be a terribly bad thing). Just remember Bitcoin isn't a race to wealth.

You are very optimistic, the bitcoin through the years has been changed a lot. the Technology is moving forward fast too.
So the price i dont think will reach 3k
We are talking 5 years, if it hits the strides it needs to 2500$ shouldn't be too far out of reach but of course it can always go the other way and be worth 50$ a coin if there is either a 50-51% attack, a bad fork or switch to a new coin.

Yes it can be in future why not, but when it was 300$ i was much happier than before, i would imagine when i reach 2500$.
5 year is long if the investment is low amount.

If I woke up tomorrow with a price of 2500 I would be pissed off. I don't understand people that are so impatient. The fact we get a SECOND opportunity to get sub 1000 BTC is simply a blessing. The second coming of Jesus H Satoshi himself bringing us the opportunity to stack up entire units of the holy grail for our future wealth and well being. Every BTC you make after the last ATH is simply invaluable.

Well 300$ and 2500$ of the bitcoin price is a very very huge difference.
There are many opportunity that will bring the bitcoin price to the next level/.

I think the maximum might be 50k $. But the future is full of surprises. One extreme brutal hyperinflation can destroy ones FIAT wealth in a very short timeframe.

Just imagine: What would happen if only 2 million people would buy "only" one bitcoin ? 2 million people is nothing in a global scale. If we would adapt to 10 million users, the price would be already very high ! The problem is, that compared to us in the west, most of the world is poor.

I think the first big scale bitcoin adoption will happen in one of the poorer countries, that are plagued with a high inflation of their government paper money.

Especially when one fiat currency fails after another because of their debt issues.
legendary
Activity: 3248
Merit: 1070
Better question would be - will we ever see a price reaching the past all time high? After all the unveiled details about the last run-up its really hard to image a 1000$BTC anymore.

it's really hard to not imagine it actually, with all the premises and the recent good news and the halving approaching, i can't think of how we can't even surpass a simple 1k and not touching 10k

If gold marketcap is about 6 trillion

and

if bitcoin surpasses gold as a store of value

and

that happens by 2020,

then

just do the math: 6.000.000.000.000 / 17.500.000 = 343 k...
So the price by 2020 would be or 0 or 100k+



and why it should surpass gold in a so short time-frame? ok that the price increase isn't linearly, ok that big pump can happen at random, ok that, an unsubstantial atk like 100k can happen while the price is aiming at 10k ecc...

but going in 6 years to only 280 and then another 5 years for 100k+ seems beyond reality
full member
Activity: 171
Merit: 100
I want to say around $2,500 to $3,000 a coin but that is being optimistic, years go by pretty darn fast and we may just be at $1,000 a coin (not that it would be a terribly bad thing). Just remember Bitcoin isn't a race to wealth.

You are very optimistic, the bitcoin through the years has been changed a lot. the Technology is moving forward fast too.
So the price i dont think will reach 3k
We are talking 5 years, if it hits the strides it needs to 2500$ shouldn't be too far out of reach but of course it can always go the other way and be worth 50$ a coin if there is either a 50-51% attack, a bad fork or switch to a new coin.

Yes it can be in future why not, but when it was 300$ i was much happier than before, i would imagine when i reach 2500$.
5 year is long if the investment is low amount.

If I woke up tomorrow with a price of 2500 I would be pissed off. I don't understand people that are so impatient. The fact we get a SECOND opportunity to get sub 1000 BTC is simply a blessing. The second coming of Jesus H Satoshi himself bringing us the opportunity to stack up entire units of the holy grail for our future wealth and well being. Every BTC you make after the last ATH is simply invaluable.

Well 300$ and 2500$ of the bitcoin price is a very very huge difference.
There are many opportunity that will bring the bitcoin price to the next level/.
sr. member
Activity: 263
Merit: 280
If gold marketcap is about 6 trillion

and

if bitcoin surpasses gold as a store of value

and

that happens by 2020,

then

just do the math: 6.000.000.000.000 / 17.500.000 = 343 k...
So the price by 2020 would be or 0 or 100k+

hero member
Activity: 812
Merit: 1000
Better question would be - will we ever see a price reaching the past all time high? After all the unveiled details about the last run-up its really hard to image a 1000$BTC anymore.
sr. member
Activity: 336
Merit: 250
Why there's no 0$ option? I think it will be obsoleted by some centralized blockchain made by bank mafia  Smiley

exactly what I was going to say  Grin

Added some extra options.
full member
Activity: 280
Merit: 100
Why there's no 0$ option? I think it will be obsoleted by some centralized blockchain made by bank mafia  Smiley

exactly what I was going to say  Grin
legendary
Activity: 924
Merit: 1001
the binary outcome argument, I cant see a way around it. If bitcoin is useful and supported at any price, therefore real-world functional, I dont see how a landslide of liquidity will not be drawn to it, seeing as the functional ecosystem of bitcoin is too beautifully efficient and useful to ignore. 100k is easily achievable in principle.
legendary
Activity: 1473
Merit: 1086

Very interesting pdf. I want to highlight a few sections that i find interesting.

Quote
While there have been extended periods of underperformance, gold prices increased at 4.62%
CAGR in the 80 years between July 1934 and July 2014, almost a percentage point better than the
3.66% CAGR of U.S. CPI — little wonder that people have a high regard for gold as protection against
inflation.

Quote
Jewelry in many cases is an investment. The single largest buyers of gold have been Indians,
who wear their net worth every day, distrusting or not having access to banks, and China,
taking advantage of their recent wealth. Widespread adoption of bitcoin could significantly
reduce demand, as rural Indian women would be less willing to wear their household’s entire
net wealth when they leave their house.

Quote
Bitcoin’s intrinsic value lies in its ability to provide secure, reliable
transactions of arbitrary value within an ecosystem that self-strengthens through mining.

Quote
Yes, both types of miners are rewarded for their hard work. In addition to their award of newlycreated
bitcoins, bitcoin miners confirm transactions to the rest of the network, providing
comprehensive security for the use, transfer, and storage of all bitcoins. For gold to have these
traits, it would be analogous to expecting contemporary gold miners to simultaneously act as
transaction security for every trade in gold: armed guards, checkpoints, concealed transaction
values, guaranteed delivery of every transaction worldwide, and a constantly updated ledger for
confirmation.

Quote
The annual cost of mining gold is $105 billion vs. $0.79 billion for Bitcoin.
Gold mining uses 475 million gigajoules of energy versus 3.6 million for Bitcoin.
donator
Activity: 1419
Merit: 1015
Why would it peak at 2020 and not 2024? Anyway, I think assuming Paul will reach presidency is a bit of a stretch, I think we'll probably have Hillary Clinton as the first woman president after the first black president, even tho im not really into checking out politics lately and don't know how's it going. Too much involved into geek shit to pay attention to politics.

2020 because I'm speculating mostly, but my theory is based off of a historical trend that scales exponentially in both time and price. I won't go into too much detail because the more that know about it the less effectively I can take advantage of it, but there are cycles and astute observers are noticing them, I think. Or at least, whoever bought ~300k BTC at $160 in January 2015 seems to be one such person.

I have posted at length about this before. It's not price, but rather volume and time that are extremely important factors to watch.
legendary
Activity: 1610
Merit: 1183
President Paul's second term won't end until 2025.

Good catch. I stand corrected! Bitcoin will peak in 2020 and crash by 2025 then. Smiley


Why would it peak at 2020 and not 2024? Anyway, I think assuming Paul will reach presidency is a bit of a stretch, I think we'll probably have Hillary Clinton as the first woman president after the first black president, even tho im not really into checking out politics lately and don't know how's it going. Too much involved into geek shit to pay attention to politics.
hero member
Activity: 532
Merit: 500
Why there's no 0$ option? I think it will be obsoleted by some centralized blockchain made by bank mafia  Smiley

What about that bitcoin will disappear and will not exists in the future
Like the Satoshi that developed the system and the Bitcoin software (that is used to run the system) in 2009
And as we know he disappeared into thin air in 2010.
newbie
Activity: 56
Merit: 0
hero member
Activity: 700
Merit: 501
I want to say around $2,500 to $3,000 a coin but that is being optimistic, years go by pretty darn fast and we may just be at $1,000 a coin (not that it would be a terribly bad thing). Just remember Bitcoin isn't a race to wealth.

You are very optimistic, the bitcoin through the years has been changed a lot. the Technology is moving forward fast too.
So the price i dont think will reach 3k
We are talking 5 years, if it hits the strides it needs to 2500$ shouldn't be too far out of reach but of course it can always go the other way and be worth 50$ a coin if there is either a 50-51% attack, a bad fork or switch to a new coin.

Yes it can be in future why not, but when it was 300$ i was much happier than before, i would imagine when i reach 2500$.
5 year is long if the investment is low amount.

If I woke up tomorrow with a price of 2500 I would be pissed off. I don't understand people that are so impatient. The fact we get a SECOND opportunity to get sub 1000 BTC is simply a blessing. The second coming of Jesus H Satoshi himself bringing us the opportunity to stack up entire units of the holy grail for our future wealth and well being. Every BTC you make after the last ATH is simply invaluable.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
I'll take a shot at $2500. I'll count that as a conservative estimate because we obviously have the halving next year & then another one in 2020 so $2500 really should be possible in 5 years time. We'll have more adoption us the Winklevoss Gemini Exchange + COIN ETF + many other things.

We could be at $10,000 per bitcoin or even more but my guess is $2500 & to be honest I'd be very satisfied even if it's that. 
full member
Activity: 171
Merit: 100
Bitcoin will be worth between $10k-$50k.


If you hold 100BTC then you should be millionaire by 2020 lol
I made a calculation today and it is really a huge profit if it reaches only $10k not $50k
It will reach 1k$ for my opinion.
hero member
Activity: 616
Merit: 500
Why there's no 0$ option? I think it will be obsoleted by some centralized blockchain made by bank mafia  Smiley
donator
Activity: 1419
Merit: 1015
President Paul's second term won't end until 2025.

Good catch. I stand corrected! Bitcoin will peak in 2020 and crash by 2025 then. Smiley
hero member
Activity: 532
Merit: 500
I want to say around $2,500 to $3,000 a coin but that is being optimistic, years go by pretty darn fast and we may just be at $1,000 a coin (not that it would be a terribly bad thing). Just remember Bitcoin isn't a race to wealth.

You are very optimistic, the bitcoin through the years has been changed a lot. the Technology is moving forward fast too.
So the price i dont think will reach 3k
We are talking 5 years, if it hits the strides it needs to 2500$ shouldn't be too far out of reach but of course it can always go the other way and be worth 50$ a coin if there is either a 50-51% attack, a bad fork or switch to a new coin.

Yes it can be in future why not, but when it was 300$ i was much happier than before, i would imagine when i reach 2500$.
5 year is long if the investment is low amount.
hero member
Activity: 532
Merit: 500
I want to say around $2,500 to $3,000 a coin but that is being optimistic, years go by pretty darn fast and we may just be at $1,000 a coin (not that it would be a terribly bad thing). Just remember Bitcoin isn't a race to wealth.

You are very optimistic, the bitcoin through the years has been changed a lot. the Technology is moving forward fast too.
So the price i dont think will reach 3k
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