Topic: This guy predicts bitcoin to be $20,000 in 2 years. What do you think? - page 10. (Read 6043 times)

20k is realistic.

Anyone can predict bitcoin price, but no one knows exactly what happen.

$20,000 in 2 years? maybe not.
maybe in next 5 years.

Don't get caught up in the insane numbers, focus on there here and now of making sure the coin gets adopted and accruing a reasonable amount.

Since there are magazines like Forbes that are taking notice of the importance of Bitcoin itself in relation to blockchain, anything is possible. There's a good article on there that is short and sweet.

The more you convince the big cigars that this is a legitimate investment vehicle, the more the demand will grow.
The banks/payment companies make a lot of money off of the transactions themselves. People are sick of paying $2-5 USD to use Bank X's ATM when they need some quick cash. I'm sick of my own bank charging me fees to move money from my checking to my savings after I exceed their allowed transactions in a certain amount of time, or get a cashier's check, and they charge more to wire money. Everyone is sick of it and the more people become aware through the MSM, the sooner they will start researching.

You have people like Woz from Apple starting to talk about Bitcoin....Apple has such a huge cult-like fanbase...that some savvy people who are simply "Apple fans" may start looking into crypto.
You have people like Forbes writing about it, you have Bill Gates talking crypto...and that's just in the US.


*Imagine if Big Oil starts to adapt blockchain for crude trading, etc.


You have giants like China/Russia/all waking up to this and you'd think India would.
South Korea and Japan and the other Asian countries who are all tech- savvy are in full motion.

I don't think it can be stopped because the power belongs to the people for a change and people won't give up easily.

Maybe these financial institutions have smart people working for them and can blunt some of the growth, but look at the world of hackers/torrent and such and how they manage to keep on going despite what the governments try to do.

Look at the pot industry in the US...banks won't take the money directly, so people in that industry take to investing until the banks and governments get on board.


Will any of the cryptos be at the level suggested in this thread? Who knows?

I'm not betting against anything.

There is agreat possibility that it could indeed happen.  Bitcoin has dramatically increased in value from last year to now which is more than 9 times.  And when you look at the total market cap it is still very few as compared to the world dollar usage therefore there is still a lot of people who doesnt use bitcoin.  And i believe when this people will come and join bitcoin then there will surely be a huge surge in prices in the coming years.

I would raise it, even higher.

Is possible and it will happen. People around us, have heard the roomers. People are trying to get it. They are asking for help to get in. They will get in and the price will rise higher.

Is a pyramid, just hope we are not at the top of it.

I think the probability for this to happen is small. Indeed, its msrket value is continuously rising but with that short length or period of time, it is somewhat impossible knowing that Bitcoin is volatile, which means its value in the market changes each in everytime. I agree with what you've said, maybe 5 years or more is needed to make this thing happen.

It was really such a great amount if bitcoin price rate do reached that price mark on the market. Though it was really ambitious to think about since it was just starting for bitcoin to rise its price, we just still need to wait a little longer for it to be able to be applied. I think it is not really impossible for bitcoin to hit that price but a span of 2 years might be a short time for it to take an effect. Maybe a 5 year span will really make bitcoin rise to that price. Looking forward to see that prediction to take into action

In my opinion these predictions are well possible if we have a slow growth. We can't say what the future brings and we didn't have something like cryptos yet.....

Maybe they'll all fail because of bugs what's very unlikely imo. But if they fail, they'll be more or less worthless. I don't think that any entity be it banks, investors, governments or whatever can seriously harm them on purpose. So if the community can solve the technical problems (and I trust those guys...) cryptos won't fail imo.

Bitcoin is a new kind of a currency and it's a great one imo with many big advantages over others, I don't go into details here. It's still some "hassle" for a newb to get bitcoins or other cryptos and few stores accept cryptos yet. It's changing slowly and cryptos are more something to invest into atm. BUT things could change rapidly now that more and more ppl are aware of cryptos and the fact that they work well.

History has shown many inflations and often times people in countries with high inflation used foreign currencies because they didn't lose their value too fast. Now that cryptos are available and most of the people walk around with a quad-core-computer (smart phone) in their pockets, why shouldn't merchants in such a country prefer the "easy" to get cryptos? if that happens in just one country the so called market cap of something around 100bln $ that bitcoin currently has is just nothing in comparison.

So x10, x100 or even more are possible in the near future imo. But we could also see x0.0001.. I for myself doubt that and think btc will be worth more than 20k USD in 2 years maybe even more than 100k, it'll maybe take more than 2 years but I'll hodl some, alts as well.

In 2 years the price can be much higher than 20k, just this year it has grown 4 fold...

Many people are expecting to cross the $20k by 2020 with the market cap of about $180-200 Billion. After seeing the growth of BTC in last few year, a lot of people now started believing it and want to invest in it. As the supply is limited and can't be increased so if demand rises vigorously, Price will definitely be going to shoot up like anything.

with his prediction i will say that he is underestimating the bitcoin currency. over a couple of days it has crossed $6000. it took less than a yr to add $5000 to the price of bitcoin then 2 years is too far for the price to get to $20000. it will be higher than that.

$20,000 seems to me a realistic goal, and maybe even a little conservative. That would only mean the current price x3. I believe that bitcoin has the potential to reach a price of $100,000 in three years, so in a couple of years I would expect a bitcoin at $25,000 or $30,000 each.

I agree that many here are underestimating how how high these coins can go. BTC at $20,000 by 2020 seems like a conservative estimate given the growth of cryptocurrencies as a whole. I also don't think ETH in the four digits is out of the question. I remember when people said ETH at $80 was overpriced.

Very useful thread! Thank you for opening it

I think that if demand keeps such high temps nothing is impossible!

Lol for those who are thinking that its price is volatile and it will not cross the 20000$ after two years by watching progress of bitcoin nowadays this price will be crossed in the middle of 2k18 and after two year it will surely be crossing 10000 to 20000$ margin and more of it bitcoin has a lot of potential to pump its prices and its demand is high nowadays because people love to use it so possibility is there to cross this.

Wow, what a dream ... I'm hoping that day will come soon ... I hope it's right.   

Everything is possible on bitcoin but saying 20k usd price on 3 years time would really be hardly to attain and we cant be sure if adoption would fasten up or would somehow be lost on track.No one actually knows on whats ahead but somehow we can view already the progress which we can really see the potential and regarding on the list.$15k for ETH is too much and those other altcoins in ranking are just total garbage for me.

I think BTC has huge growing potential in future. As much people around the globe are not even aware of BITCOIN technology and BTC existence. So still it got huge untouched potential market.
I personally think BTC will cross the $20k till 2020 year.
Lets see what new changes happens n future.

I think it's really impossible because bitcoin is volatile and we know already about that. That guy predict bitcoin will rich in that amount,well its just his own prediction and still belong to rumor. But if that can be happen, it's very a good new for us specially those people whose holding a very huge amount of bitcoin.