Topic: What price do you think bitcoin will reach by 2020? (Read 4644 times)

$100.000 ? Haha! Hopefully so that I can buy at least 100 bitcoin. This is a great opportunity for me because I long to have atleast 10 bitcoin but if $100 will be the price of btc in the year of 2020 I will surely buy 100 bitcoin.

I don't think that it will increase bitcoin like that, as what I can see it is still hard for bitcoin to increase its price and I don't think that $100k is capable for bitcoin to reach in the year 2020, maybe we still need more years for that because, in my opinion, bitcoin will still experience a lot of decreasing price, not all the time bitcoin will increase.

Yeah its too much for bitcoin price, and with bitcoin situation nowadays some people think negatively due to the red days of the exchanges. If this will continue to happen, our speculation of bitcoin price this 2018 that we'll be coming to $20K might happen in year 2020. What's your opinion for that? Is that worth challenging for us?

$100k is way too much, as we see after BTC hits its ATH it gained too much attention in media that negatives news ruin its prices. I doubt that price will be ever reached. Another ATH might be recorded every year but not to that extent so as long as we can have chance to buy at this rate , we must have it now since it will be too expensive soon.

by this year I would have waited for the price of 20k-25k given all the ups and downs it will be normal if it reaches this price

Bitcoin price looks uncertain for now, but if all things remain as it is then by 2020 bitcoin can reach about 35000 to 50000 USD price range. But if negative news keep affecting it and traders loose confidence in it ,then it can be trading at less than 10,000 usd in 2020, as we see now.

2020 is still about 2 years from here and that is a huge number of days ahead of us to know what could be a possibility or what could not. I am sure by then, there could have been a possibility where the market is probably have gotten huge than what it is today and recovered from the current downtrend, and we all know how recovery can be like in a matter of time. However, it is 2020 and I believe only time can prove us in any way we think, but realistically, I do not think it is possible as well, but we all know sometimes, being realistic has not come through in most situations in this market.

I think this price gorwth is possible because bitcoin is making huge price gorwth every year so if it continues in the coming year then it will be possible but now countries are trying to regulate the crypto currencies which may affect the price growth but when people adopt to the crypto currencybsystem the price growth will be unstoppable.

No one can exactly what is going to happen in the future but $100K by 2020 is not realistic. There too many manipulators in the crypto world and i doubt that it gonna pump to that value.

I don't think that bitcoin will reach $100k by 2020 because there are just so many manipulators who want to cash out whenever they had the chance. As you can see bitcoin now is having a hard time reaching $10K value and i tend to believe that this is because whales are manipulating the price.

When you are watching and observe the difference between the Value and Technology and the Great Demand of bitcoin and especially the market capitalization and one more thing is if you are watching ICOs are promoting eth than there are a lot of Brands are accepting bitcoin than you can clear the difference between bitcoin and eth demand in future and it will be a great in 2020 the price will very great success,

I'd definitely believe on what you've mentioned above because that makes bitcoin unique in cryptocurrency world. I guess that's already your expertise in updating bitcoin's status for years and I believe in your instinct and by the way bitcoin is now gathering higher percentage from a bank that they supported and I could see how they transformed it into a bigger company now. They even got awarded because they are now known bank. That proves to bitcoin as a good benefactor and supportive at the same time. To think of its price by 2020 it's a probable case if it bloats to a 100 thousand dollars.

Bitcoin price increase is happening in a better way. In a single year (the present year) the price has increased more than $3500. Looking it and making a calculation based on the same it's really a big price that's gonna reach by the year 2020. Also the halving is expected to happen by that year, which makes it to reach big as $20k or more.

this year i have to says is the best year for bitcoin because bitcoin price rapidly increase from under $2000 and the current price already surpassing $4000 even more likely possible to reach at $5000 but on 2020 even still 4 years to go but $100k is impossible to me even probably the price still at range $20k or maybe less

If bitcoin can grow steadily and continue to exist until 2020, I think it will be in a totally different value from the present, and that value never exceeds the limits of nations. I think $ 20000 is a reasonable value.

It's extremely difficulty to predict the future and in the end you will never know it for 100%. 100K is possible but assuming by that time a big worldwide financial crash has occured. There's no way bitcoin will reach 100K to 1000000 with the current value of the dollar today.

Sure it will crash, it crashes all the time, and then soon after breaks new all time highs and continues its exponential growth. I think you and some other people are basing your ideas off the Chinese manipulated bubble plus Mt. Gox crash which led to a 2 year downtime. In the past bitcoin has boom and bust/consolidate cycles every six months or so. Mt Gox crash badly hurt bitcoin so that one lasted two years. That is very unlikely to happen again as we are starting to head towards mainstream acceptance now. I mean the last boom/bust cycle was only 4 months from April through July, and in August bitcoin started another boom.

That's what happens with something that is growing exponentially - it goes way up and then people get scared and it pulls back some, when the price stabilizes they realize its time to get in again and another boom occurs, but now that it is just starting to barely touch the mainstream there is going to be constant buy pressure so the cycle is getting shorter.

Why do I think it'll be minimum $50k in 3 years?
That's easy, we are on the cusp of getting mainstream adoption. 2017 was the start - in 8 months bitcoin has gone up about 4.7x and by end of year it could very well be 6x or 7x this year of sustained and stabilized growth. Over the next couple of years I'm fully confident investment firms will start letting people invest in bitcoin through them, which means bitcoin will be seen as a normal (albeit small) part of the middle class portfolio. As this occurs the market cap will get big enough for bigger and bigger fish to get in without affecting the market too much, and so they will jump in. As adoption increases, usage as an actual currency will increase. Probably a few more countries will legalize bitcoin as a currency, many more merchants will take bitcoin - the big one being Amazon, pretty sure this will happen within three years. A bit of the gold market and stock market will move over to bitcoin. Plus the 2020 halving will drive it up a bit further, also the Olympics in Japan that year might also drive it up further by providing a lot of coverage on people spending bitcoin at the Olympics.

All this means $50k minimum in 2020. I'd be pretty shocked if it is only at $50k by the end of 2020.

If bitcoin hits $6000 end of this year, and all it does is double the next three years, that's $48k in 2020. And that is pretty much the most conservative estimate I could possibly think of assuming no great tragedy befalls bitcoin.

I dont have doubts in the potential of bitcoin but my wild guess is Bitcoin will reach 50k to 100k in 2020. Just do a math. Just try to imagine BTC is 1000usd only last January 1, 2017 , and now its heading 5k already.

2017: 1k usd to 5k usd
2018: 5k to 25k
2019: 25k to 80k
2020: 80k to 100k plus

If we look at history, you will see that bitcoin usually is extremely quiet after halvings occur. Sure, it has a doubling rate of 8 months, but this growth is concentrated on times that are near the halving block, +- 1 year.

We could well hit $7k this year, but it doesn't mean that bitcoin can't crash down to $2-3k and have to go onto rebuild mode after that. This is what i think will happen, anyways. If the timeframe was extended by 1 more year i'd say $15k is entirely possible, this is because usually pumps happen around 6 months to 1 year after the halving, not directly at the halving.

What makes you think that bitcoin will hit $50k MINIMUM in 3 years time anyways?

You do realize that bitcoin has been growing at an exponential rate its entire life right?? I has an average doubling rate of 8 months. If that continues bitcoin will be almost $150k by the end of 2020. I'm not saying it will be that high, but your prediction of $7000 for 2020 will very possibly be passed by the end of this year. Also $100k would not even be close to half the world is actively using it, more like 5% of the world, which is do-able by then.



Exactly. $150k is the absolutely limit I'd say for 2020, as I stated above, if it keeps its average rate of appreciation until the end of 2020 it'll be just under $150k. I expect bitcoin to pass $50k in 2020 so that is my lowest estimate. I think it'll likely end up hitting $60k-75k in 2020.

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.

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.

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.

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.

$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.

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.

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.

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.

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

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.

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.

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.


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

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.

Between 50 and 150k.

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.

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.

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?

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

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!

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.

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!