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Topic: The price of bitcoin on halving day 2020 (Read 7087 times)

hero member
Activity: 994
Merit: 502
December 13, 2017, 08:09:55 PM
#67
The upcoming halving is expected to take place by the year 2020. Experts have predicted the days till 2022 to be best for the growth of bitcoin as well digital currency. Based upon the same, can expect good results at the time of halving, as we've years ahead the growth can be felt in a large scale based on the ongoing growth. I believe by the time of halving surely we can see the price of bitcoin to be above $100000.
legendary
Activity: 1692
Merit: 1018
December 13, 2017, 08:00:28 PM
#66
We are 3 years away from that day, can we focus on what's happening now? I think this thread is just irrelevant, like everyone creating threads for speculation like, What do you think the price on 2018,2019 and now 2020?. This is not helping, if you want to speculate on Bitcoin ,can we speculate it's price by the end of year or early next year,

We can do whatever we want here you pipsqueak.

The halving is probably two and a half years away but it could arrive sooner or later than we expect depending on hardware and fork stealing power.

Who knows what'll happen between now and then? This current run could end early next year and be bearish until then. I think we all know that deep down this exuberance has to be paid for at some point. If it hasn't been by 2020 then it'll be a beast when it arrives.

I still believe no bear phase will kick in until we reach 100k USD minimum. This will take some time and i can't estimate it in any way Smiley
hero member
Activity: 2702
Merit: 704
December 05, 2017, 06:16:57 PM
#65
What do you think the price of bitcoin would be on halving day 2020?
I think you are having a misguided idea of the halving, while the halving does have an effect on the price of bitcoin, the effect it is not immediate, it takes some time, probably a few months before the number of coins in the market begins to go down and the market begins to feel this lack on the supply of bitcoin coming from the miners.
hero member
Activity: 1078
Merit: 501
December 05, 2017, 09:24:41 AM
#64
I Guess halving is going to be around 2019. And this will be priced in 2018 not 2019.
People will start to go long on bitcoin before halving day and on halving day too many investors will be in huge profit.

bitcoin will give a surprised to its users on 2020 toady I check the price of bitcoin its price was very high and now it’s trying to make a record and a lot of it's users are waiting for this moment including me because I keep on hold a lot of bitcoin this year and I want to sell my bitcoins with high price and I hope that I will earn a very good profit from it so be ready for this end of year and get your profit from bitcoin and change your life.
legendary
Activity: 938
Merit: 1000
December 03, 2017, 01:12:40 PM
#63
I Guess halving is going to be around 2019. And this will be priced in 2018 not 2019.
People will start to go long on bitcoin before halving day and on halving day too many investors will be in huge profit.

The next halving is scheduled to take place by 2020. Already 2020 has been expected to be something a great year in the cryptocurrency network. Along with this expectation the halving will provide with a large benefits as growth is promised to take place by those days. Hope to see the price to be above $30000 to the minimum by that time.
By then its use will have become popular even more, and with the decrease of the reward in half, it will become more rare and scarce, the mining will only be done by a few because the equipment will be extremely expensive , as that date approaches almost to the beginning of 2020 most people will surely be talking about this issue in the main forums like this, without a doubt, it will be a very relevant event that will become more important when the date be closer and closer.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
December 03, 2017, 12:33:23 PM
#62
2017 is a super charged year for BTC, and now standing at 11000, I would say if there will be no strong negative news, we will no longer see price below 8000 any more.

2018... the war between btc and bch will heat up, this may create some volatility. but combined BTC BCH BTG value may go above 20k~30k.

That particular war is already over as far as many are concerned.

They had their chance in the earlier days with the EDA swings and super pumps. Plenty of exchanges are reclassifying it as bcash which'll seal the deal.

Bitcoin is about to reach the next level of legitimacy and everything else will be trailing it.

BCH isn't going anywhere but it isn't superseding anything either.
sr. member
Activity: 274
Merit: 250
December 03, 2017, 12:09:21 PM
#61
2017 is a super charged year for BTC, and now standing at 11000, I would say if there will be no strong negative news, we will no longer see price below 8000 any more.

2018... the war between btc and bch will heat up, this may create some volatility. but combined BTC BCH BTG value may go above 20k~30k.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
December 03, 2017, 11:44:35 AM
#60
We are 3 years away from that day, can we focus on what's happening now? I think this thread is just irrelevant, like everyone creating threads for speculation like, What do you think the price on 2018,2019 and now 2020?. This is not helping, if you want to speculate on Bitcoin ,can we speculate it's price by the end of year or early next year,

We can do whatever we want here you pipsqueak.

The halving is probably two and a half years away but it could arrive sooner or later than we expect depending on hardware and fork stealing power.

Who knows what'll happen between now and then? This current run could end early next year and be bearish until then. I think we all know that deep down this exuberance has to be paid for at some point. If it hasn't been by 2020 then it'll be a beast when it arrives.
full member
Activity: 210
Merit: 100
busy in real life, long post gap is understandable
December 03, 2017, 11:09:35 AM
#59
What do you think the price of bitcoin would be on halving day 2020?
We are 3 years away from that day, can we focus on what's happening now? I think this thread is just irrelevant, like everyone creating threads for speculation like, What do you think the price on 2018,2019 and now 2020?. This is not helping, if you want to speculate on Bitcoin ,can we speculate it's price by the end of year or early next year,
sr. member
Activity: 602
Merit: 263
December 03, 2017, 11:04:15 AM
#58
Thanks for this topic. I had forgot that we'll have a halving in the next 2 years. That will be madness because bitcoin offer will get lower along with block reward. Maybe that's the reason that McAfee keep saying btc will reach 500k usd. I am more realistic and I would say something arouns 50k usd.
hero member
Activity: 2282
Merit: 532
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December 03, 2017, 09:42:30 AM
#57
By the time of upcoming halving by the year of 2020, I expect the price to be at least $50000 taking the ongoing growth percentage into consideration. Because the demand has increased a lot than the past days, along with more investment coming from the common people. My target is to keep hold of it targeting the halving.
jr. member
Activity: 36
Merit: 3
December 03, 2017, 08:38:44 AM
#56
Meanwhile, the projected halving date is now June 11, 2020.
full member
Activity: 168
Merit: 100
December 03, 2017, 07:55:42 AM
#55
As I have heard, some guys speak about 50 thousand of Bitcoin price, while the others say it will cost over $100,000. It is not easy to foresee it, evething can happen.

Its really not easy to foresee on what will the bitcoin price is on the day of the halving but if it hits over $100,000 that is a really nice figure to see, we all want that price and im eager to see the result of the halving in bitcoins price value.
legendary
Activity: 1358
Merit: 1000
December 03, 2017, 07:45:09 AM
#54
As I have heard, some guys speak about 50 thousand of Bitcoin price, while the others say it will cost over $100,000. It is not easy to foresee it, evething can happen.
legendary
Activity: 1692
Merit: 1018
December 02, 2017, 09:36:18 AM
#53
Around 100K USD (more or less with a 5% error range) I can suppose, based on this https://bitcointalksearch.org/topic/m.9293342

As of now it worked great.
sr. member
Activity: 1246
Merit: 263
December 02, 2017, 09:27:44 AM
#52
Halving is a big event for Bitcoin and Bitcoiners,
the price will be increased at least for more than 10% from our average price,
because the rewards that we will get whenever we're solving the blocks will be decreased a half from before.
but to reach some point we can not put too much our hope into it alone because it's not a healthy growth for bitcoin,
at best it will only survive for a year or two years and then slowly dying if we're placing your hope too much into it alone,
we need a discovery in the system and network to make the price steadier from before and then the halving as a gas to push the price.
$20.000~$50.000 is a range for current Bitcoin right now and if we're moving for more than that while we do not have anything to discover or improvement,i think Bitcoin will become a bubble in the future.
hero member
Activity: 2100
Merit: 813
December 02, 2017, 09:17:58 AM
#51
We're at $11k now and have over 4 weeks left in the year. Let's say we end the year at $13k.

I think next year a 3-5x of the price is reasonable considering current growth trends and Wall St. likely entering the game next year. Let's be conservative and say it will only 3x. That gives us $39k end of 2018.

In 2019 I think another 2x is a reasonable and conservative prediction so that would give us $78k.

About a half year left to get to the halving. Let's say it'll gain another roughly 30% by then so that'll put it right around the nice big round figure of:

$100k
full member
Activity: 151
Merit: 100
December 02, 2017, 08:33:51 AM
#50
In about two and a half years I hope price will be much higher then today.We can play with numbers and make speculation about that,and like in lottery someone will always guess the real number.

Let's say the price goes up by 100% on year level,now we are between 10k$-11k$.

20k$ in 2018.
40$ in 2019.
50$ in mid of 2020.

Of course it can be more or less of this amount,and it much depend the extent to which bitcoin futures will affect on BTC.I would be happy with 50k$ on next halving,but I would not have anything against 100k$.What matters is a steady growth through the years,so if price go up only 50% every year for me it would be an excellent achievement.

Nice explanation. We al know what happened after 2016's block halving time. The bitcoin started a major growth waves. The same may happen in 2020 after the block halving takes place.

The price can reach incredible points.
legendary
Activity: 3234
Merit: 5637
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December 02, 2017, 08:27:15 AM
#49
In about two and a half years I hope price will be much higher then today.We can play with numbers and make speculation about that,and like in lottery someone will always guess the real number.

Let's say the price goes up by 100% on year level,now we are between 10k$-11k$.

20k$ in 2018.
40$ in 2019.
50$ in mid of 2020.

Of course it can be more or less of this amount,and it much depend the extent to which bitcoin futures will affect on BTC.I would be happy with 50k$ on next halving,but I would not have anything against 100k$.What matters is a steady growth through the years,so if price go up only 50% every year for me it would be an excellent achievement.
member
Activity: 532
Merit: 15
December 02, 2017, 07:52:52 AM
#48
I guess Bitcoin will reach 200% of 2017 price by 2020, maybe near hundred thousand Smiley
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