What price do you think bitcoin will reach by 2020? - page 2.

BitcoinGirl.Club

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

Hundred thousand within 3years is a little Overzealous and seeing that bitcoin prices usually increase by $2000- $3000 per year I would expect to see it rise to something between $12000 and $20000....but should demand be overwhelming we could see it trade higher than 20 grand.

investeerder

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Quote from: mackenzied on August 31, 2017, 01:15:16 AM

Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I am not deliberately speaking about your assessment; however, it is far from reality, it is just a dream value, and the issue that is worth noting is the existence of bitcoin. It is at a high value, however, if it wants to be appreciated, it must exist.

The value speculated by him is to much since actually there's a lot of scenario are needed to consider before we can actually tell on what would be the price of BTC will come when that year pass unto us. And I think Much better if we just stick on reality that is happening for now since this one is the real time price and might it will rise in future. I wouldn't give any exact value for bitcoins in future since I don't want to see that I am wrong on the figure that I tell today.

Andergriff

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I think $25,000 can be honest price for 1 BTC.
In may 2020 (2020-05-18) will be Next Reward Halving.
In that three years we also can expect approve Winklewoss or another fund by SEC.

sunsilk

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

3 years from now you are predicting that bitcoin will go up to $100,000 which is lower to what we used to read from John McAfee.

We know he speculated that bitcoin's price can possible go up at $500,000 on 2020 and it's hard to believe.

But these digits are surely high, I can't think of my own speculation.

hello_good_sir

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

$100,000 isn't going to happen unless bitcoin suddenly goes mainstream, and by mainstream i mean everyone knows it and at least half the world is actively using bitcoin to transact. Bitcoin will eventually hit $100k, but 3 years isn't enough.

These sort of things are impossible to predict but i think around $7,000 would be a fair estimate, looking at how things are going right now. Market is extremely bullish right now, i think that between 2018-2020 we'll see a couple of pretty major adjustments and 2020 will bring the price up once again to a new ATH.

I think the primary reason why you even think that btc is going to reach that high is because btc is growing at an exponential rate right now. FYI, this does not happen normally and you'll see when a bearish market comes by.

davey76

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I think that a more effective coin will take over and leave bitcoin to the early adapters. I think around $10.000. I don't think bitcoin will go mainstream, but I know one of the altcoins will.

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

Two major events that are happening in 2020 that will positively affect bitcoin's price: The halving, that happens every 4 years and the Olympics that is held in Tokyo that has recently legalized the usage and trading of bitcoins.

Usually, halving will bring around a huge pump, and i would expect tourists to take a look at using bitcoin within Tokyo given that in the 3 years leading up to the olympics more and more japanese merchants start accepting btc which i think will happen.

$8,000 seems like a very achievable figure, which is around 2x the price of btc right now.

TeamButtcoin

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I think you can't really know because there are 3 years ahead soo , i don't know but it will increase the number of Bitcoin on the market , because we will be able to mine this coins soo , maybe the price it will drop.

kolionovo

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in 2020 the price will be determined in a plate of rice from China.

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It is always too hard for me to accurately say further bitcoin price. We have 2.5 years to arrive at 2020 and there will be lot to change at crypto market, tech market and even real stocks. So its not hard to think bitcoin raise if it stays alive in 2020. As I know there will be one more halving beforehand so its expectable to reach $25k.

mackenzied

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I am not deliberately speaking about your assessment; however, it is far from reality, it is just a dream value, and the issue that is worth noting is the existence of bitcoin. It is at a high value, however, if it wants to be appreciated, it must exist.

batang_bitcoin

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?

My speculation on what will be the price on 2020 $15,000 - $20,000. Having this speculation is base on what I can see with bitcoin's progress. But anything is possible to happen and it can go fly to the moon and go higher.

Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I'm not thinking of $100,000 or it's possible but on 2020 that's still early and growth needs more time.

iamTom123

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

Reaching $100,000 by 2020 is already a very, very optimistic kind of projection...because it is just three more years away. Bitcoin has not yet traveled to the vicinity of $10,000 and even if it can happen by next year 2018 still it is an uphill climb if we think it can reach that $100K before this decade ends.

On my personal point of view, Bitcoin can be as high as $25,000 by the year 2020 and that is even also a very positive prediction because we are not sure of the many developments that can take place within the next three years, affecting Bitcoin one way or another.

Rather than relying on predictions and projections, I prefer to just let Bitcoin do its own thing as I am sure that the trend is that it is growing in value no matter what.

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Between 50 and 150k.

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I'd say 10k - 20k USD might be well within Bitcoin's grasp the next 4-5 years, but I don't think 100k USD are reachable anytime soon. Possibly in a couple decades when inflation has taken its course, but not within the foreseeable future.

However to allow for any significant, sustainable growth, Bitcoin still needs to get its house in order, ie. finally solve the scaling issue once and for all. Right now it seems like we're heading in the right direction, but that's not worth much until solutions such as lightning network are actually deployed.

Either way I don't think any of the currently existing alts will be able to supersede Bitcoin. Not as store of value, at least.

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I also think $100k is possible in next 3 years or it might take 5 years atleast but price can easily cross that level because marketcap for bitcoin is still way lower than it should be.

maku

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Quote from: OneUnderBridge on August 29, 2017, 04:47:27 PM

Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I don't believe bitcoin can sustain the upward slope in value. The price will be much lower in 2020 then it is today because there will be much more efficient technologies that will dilute its value.

It is not about technology as much as about economic status of bitcoin - which was the first and original cryptocurrency.
The better tech cannot kill bitcoin so easily, we have dozens if not hundreds of coins which have presumably better code already.
So tell me why every new coin with better code is not automatically king of the hill of cryptocurrency?

Bitcoi2n2n

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Quote from: Bitcoi2n2n on August 30, 2017, 12:43:29 PM

Quote from: OneUnderBridge on August 29, 2017, 04:47:27 PM

Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I don't believe bitcoin can sustain the upward slope in value. The price will be much lower in 2020 then it is today because there will be much more efficient technologies that will dilute its value.

But technology of bitcoin can improve during the time! Like you can pay in dollars using your debit or credit card or even you mobile! Technology arround the dollar!

Maybe more likely that it will be ETH that will have future? Or any not yet exisiting coin?!

Bitcoi2n2n

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Quote from: OneUnderBridge on August 29, 2017, 04:47:27 PM

Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I don't believe bitcoin can sustain the upward slope in value. The price will be much lower in 2020 then it is today because there will be much more efficient technologies that will dilute its value.

But technology of bitcoin can improve during the time! Like you can pay in dollars using your debit or credit card or even you mobile! Technology arround the dollar!

OneUnderBridge

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Quote from: Bitcoi2n2n on August 29, 2017, 04:44:06 PM

What price do you think bitcoin will reach by 2020?
I personally think that bitcoin can reach $100.000 by 2020 but i think it's never going to go to $1.000.000!

I don't believe bitcoin can sustain the upward slope in value. The price will be much lower in 2020 then it is today because there will be much more efficient technologies that will dilute its value.

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