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Topic: Predict the price: Halving day 2020 - page 11. (Read 16284 times)

hero member
Activity: 770
Merit: 500
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July 10, 2016, 10:53:56 AM
#33
1 million usd Smiley
yeah right, i really doubt that such price will be possible in just 4 years, in my opinion we might see something like 10-20 thousand dollars but surely not 1 million dollars per bitcoin
sr. member
Activity: 462
Merit: 250
July 10, 2016, 10:41:40 AM
#32
If people are hoping for 1000 dollars then they should get out now and shop elsewhere.

You could get better returns with a stock fund with way less risk. Either go big or go home.

Bitcoin is not a hedge fund for the price going to 1k, That's just not going to happen. But we have to be realistic and in that regard a correction is going to happen now.
Although I am not sure how hard it will hit us.
legendary
Activity: 1288
Merit: 1087
July 10, 2016, 09:54:18 AM
#31
If people are hoping for 1000 dollars then they should get out now and shop elsewhere.

You could get better returns with a stock fund with way less risk. Either go big or go home.
hero member
Activity: 658
Merit: 500
July 10, 2016, 09:51:02 AM
#30
After seeing what happened in this halving, I think that it is useless make predictions for that so distant event.

I predicted $660 at the halving back in 2014.

https://bitcointalksearch.org/topic/bitcoin-long-term-linear-trend-804059
oh wow, that was a great prediction, i think people will see like 5600 dollar price during the next halving, i think that the price is going to grow really fast and people will make money out of it
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
July 10, 2016, 09:50:52 AM
#29
My prediction is 700-900 value in 2020 this is i think the best price will be with bitcoin if you notice the price 2013 halving its just looks same but different value.. so i think 700-900 value..
I think it's too low, I believe the price of bitcoin in 2020 of more than $ 1,000, and probably price at the time bitcoin About a $ 1300- $ 1500. most likely at the time bitcoin prices were stable as it is today. I also believe at the time that all the countries have accepted bitcoin as legal tender, and may also have a lot of companies that assesses employees with bitcoin
legendary
Activity: 1288
Merit: 1087
July 10, 2016, 08:32:41 AM
#28

Not all the bitcoins are for sale at any price.
If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever".


sure, but a $100,000 price would certainly tempt some lost coins out of the ether. i guess it would depend on the nature of the rise. if it looked like it was sticking around then sellers would sit back and do nothing. if it was a parabola then the fall would be brutal and swift.

0 to 1-10 billion market cap can happen without alot of people or money and can happen over and over again.
 
to get into the trillions, even when it's just market cap, that's a once in a bunch of generations deal and will not happen in a couple of years. maybe bitcoin is it. we'll see.

Each time the price rises the coins of weak hands will get redistributed to fresh hands who get only smaller portion of coins and they are dreaming of becoming a millionaire one day. Therefore their target is higher price and they will not sell before their target has been met which works as self-fulfilling prophecy.
Price will not shoot to 100 000 usd overnight. It takes around 24 months (in my speculation). Basically, what it requires is that it rises to 10 000 within upcoming 12 months, and from 10k to 100 000 within the next period of 12 months. Judging the past behavior of bitcoin it is not impossibility. 24 months is after all relatively long time in crypto and a lot can happen. Basically I think this block halving is even more serious than the one in 2012 because now the annual inflation rate approaches the inflation rate of fiat money. I think the bankers will get interested in bitcoin if it hits 100 000 usd and that also can mean they start a bidding war of the coins. The bidding war will take bitcoin to another new level, and there is a possibility the Central banks will start accumulate bitcoins as well in the same manner they are accumulating gold bullion.

You seem to think rises take place in a vacuum. For something that big it takes millions and millions of real people putting their real money in.

A 0-10 billion rise only needs a few tens of thousands. I can't see any sign of millions of new people all pumping at once on the horizon.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
July 10, 2016, 08:25:00 AM
#27
After seeing what happened in this halving, I think that it is useless make predictions for that so distant event.

I predicted $660 at the halving back in 2014.

https://bitcointalksearch.org/topic/bitcoin-long-term-linear-trend-804059
legendary
Activity: 938
Merit: 1000
July 09, 2016, 10:22:23 PM
#26
After seeing what happened in this halving, I think that it is useless make predictions for that so distant event.
hero member
Activity: 590
Merit: 500
July 09, 2016, 07:50:21 PM
#25
bitcoin back to $300 in 2020 my predict
sr. member
Activity: 434
Merit: 250
July 09, 2016, 07:47:46 PM
#24
Around the 1600 dollar most likely, I really do not know what to expect to be honest because everything can happen.
No one can predict this its a matter of time before we will see what is gonna happen with the price right ?
full member
Activity: 172
Merit: 100
bitcoin bitcoinci den alınır . bitcoinci
July 09, 2016, 07:01:57 PM
#23
1 million usd Smiley
legendary
Activity: 1092
Merit: 1000
July 09, 2016, 05:14:32 PM
#22

Not all the bitcoins are for sale at any price.
If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever".


sure, but a $100,000 price would certainly tempt some lost coins out of the ether. i guess it would depend on the nature of the rise. if it looked like it was sticking around then sellers would sit back and do nothing. if it was a parabola then the fall would be brutal and swift.

0 to 1-10 billion market cap can happen without alot of people or money and can happen over and over again.
 
to get into the trillions, even when it's just market cap, that's a once in a bunch of generations deal and will not happen in a couple of years. maybe bitcoin is it. we'll see.

Each time the price rises the coins of weak hands will get redistributed to fresh hands who get only smaller portion of coins and they are dreaming of becoming a millionaire one day. Therefore their target is higher price and they will not sell before their target has been met which works as self-fulfilling prophecy.
Price will not shoot to 100 000 usd overnight. It takes around 24 months (in my speculation). Basically, what it requires is that it rises to 10 000 within upcoming 12 months, and from 10k to 100 000 within the next period of 12 months. Judging the past behavior of bitcoin it is not impossibility. 24 months is after all relatively long time in crypto and a lot can happen. Basically I think this block halving is even more serious than the one in 2012 because now the annual inflation rate approaches the inflation rate of fiat money. I think the bankers will get interested in bitcoin if it hits 100 000 usd and that also can mean they start a bidding war of the coins. The bidding war will take bitcoin to another new level, and there is a possibility the Central banks will start accumulate bitcoins as well in the same manner they are accumulating gold bullion.
legendary
Activity: 1288
Merit: 1087
July 09, 2016, 04:06:12 PM
#21

Not all the bitcoins are for sale at any price.
If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever".


sure, but a $100,000 price would certainly tempt some lost coins out of the ether. i guess it would depend on the nature of the rise. if it looked like it was sticking around then sellers would sit back and do nothing. if it was a parabola then the fall would be brutal and swift.

0 to 1-10 billion market cap can happen without alot of people or money and can happen over and over again.
 
to get into the trillions, even when it's just market cap, that's a once in a bunch of generations deal and will not happen in a couple of years. maybe bitcoin is it. we'll see.
legendary
Activity: 1092
Merit: 1000
July 09, 2016, 03:37:57 PM
#20

I think it will reach 100 000 usd within 24 months from now. It is still relatively cheap and therefore you might want to consider to buy a few more since the inflation is not that bad anymore.

hot damn. you're thinking big. i think that's way too much of an ask in that amount of time. it would be about one fifth of gold's market cap. millions and millions of people would need to suddenly decide they wanted bitcoin in their life. an attitude change that radical don't happen that fast.

Not all the bitcoins are for sale at any price.
If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever". The people holding them have sold already enough of coins to retire for the rest of their lives and therefore do not feel any urgency to sell all their coins, anyway it is stupid to sell everything.
Also a lot of coins have disappeared for ever.

However, if this will not happen within 24 months I will not sell all my coins (most likely).  Grin The time frame was based on the previous bubble which started late 2012 from 13 usd and ended at 1200 usd in Devember 2013 and lasted a little over 12 months.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
July 09, 2016, 03:25:11 PM
#19
There's no telling what will happen for sure, but i expect for it to become a lot more used and appreciated, so price range from 5-10k usd
should be somewhere in that expectation. But it wouldnt surprise me if the figure goes a lot higher if another bubble or certain high value event happens.
legendary
Activity: 1288
Merit: 1087
July 09, 2016, 03:24:56 PM
#18

I think it will reach 100 000 usd within 24 months from now. It is still relatively cheap and therefore you might want to consider to buy a few more since the inflation is not that bad anymore.

hot damn. you're thinking big. i think that's way too much of an ask in that amount of time. it would be about one fifth of gold's market cap. millions and millions of people would need to suddenly decide they wanted bitcoin in their life. an attitude change that radical don't happen that fast.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
July 09, 2016, 03:24:31 PM
#17
My prediction is 700-900 value in 2020 this is i think the best price will be with bitcoin if you notice the price 2013 halving its just looks same but different value.. so i think 700-900 value..
legendary
Activity: 1092
Merit: 1000
July 09, 2016, 03:19:23 PM
#16
The inflation of bitcoin is only 4 % pa which is somewhat low. As the currency basis grows, the inflation also drops slowly. And after the halving in 2020 the inflation will be around 1.75 % pa which is lower than the inflation target of some very conservative fiat money systems (European Central Bank).

I think it takes a few months now to readjust the price to this period of lower inflation.

It is not the same kind of inflation.

I know. The point is 2 % is considered a low inflation rate, and personally I think 4 % is not that bad either so I am seeing the moon once people realize fully what has just happened.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
July 09, 2016, 03:15:33 PM
#15
After the next financial crisis before halving day 2020 I predict Bitcoin will be worth $100000.

However discussing the halving day 2020 is like discussing next Christmas on New Year's day. It's a little too soon to be thinking about halving day 2020.

True a lot can happen. We should also predict the price in Trumpistan dollars or Texas lonestars.
legendary
Activity: 1092
Merit: 1000
July 09, 2016, 03:14:17 PM
#14
After the next financial crisis before halving day 2020 I predict Bitcoin will be worth $100000.

However discussing the halving day 2020 is like discussing next Christmas on New Year's day. It's a little too soon to be thinking about halving day 2020.

I disagree. If you have invested in bitcoin, you need to be in the long run. Personally I think bitcoin can reach true highs after the next halving (and true highs I mean 10 000 000 usd/btc).
With the current emission 100 000 usd/btc is very realistic price target. If that is reached it will also guarantee the fact that there will not be too much selling pressure once drops since the current holders have sold the amount of coins they need for survival of the rest of their lives and the remaining bitcoins will be "extra".

I think it will reach 100 000 usd within 24 months from now. It is still relatively cheap and therefore you might want to consider to buy a few more since the inflation is not that bad anymore.
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