Topic: what will bitcoin be worth in 5 years {2020} ? - page 3. (Read 10890 times)

Check what I found in Telegram

Daily average BTC price change:
2010: +0.82%
2011: +0.76%
2012: +0.26%
2013: +1.11%
2014: -0.25%
2015: +0.09%
2016: +0.22%
2017: +0.66%

If this 7-year trend will continue (+0.42% a day) - 1 BTC will hit $250,000 in 2020 году.

in year 2020 or after halving bitcoin price can incraese very high
can incraese reach 4000 - 5000 dollar, with bitcoin price 2500 - 3000 dollar , many problem confirmartion and high sending fee, if bitcoin price incraese very high over 5000 dollar can big problem

Sure,if bitcoin continues to rise in this speed,it would definitely cross $10,000 by 2020.Bitcoin has created a revolution in the world economics.It seems that it would still continue in the bullish trend.

You cannot say for sure that the price of bitcoin would reach $5000 in 2020 and just focusing on only factors that would make that possible without considering the fact that there are several factors that could make that impossible to achieve starting from the intervention from government and the various transaction issues in the way of bitcoin as well as increasing transaction costs.

I think Bitcoin price in 2020 will be at least $5k .  One of the factor that Bitcoin would be at least that price, is the scheduled halving.  Aside from that possibly more country will adopt bitcoins and the scaling issue wont be an issue anymore.  There will be more bigger company involved in Bitcoin by that time since they got a sample from countries like Japan and Australia.

By 2020 the possibility of bitcoin going to a new time high is very much possible considering the various encouraging news happening both offline and online even with the Blockchain  technology getting accepted here and there. However, we should not oblivious of the fact that as opportunities abound so likewise challenges in bitcoin which rallies around acceptance, dominance, as well as competition in which quite a number of people will not be happy about. So, we should be cautious in making unnecessary projection into the future.

maybe my English sucks but i don't like calling these price drops as "decline". it was a massive sell off that was caused by panic and newbie non-believers and more importantly it was because these damn exchanges are too small. selling a couple of thousands causes a big drop!

and even more importantly, it didn't last long.

link?

ahhhh, this again!
ethereum is not even a currency to be considered bitcoin's "rival"...
and don't get me started on the centralization of it!

the technology is here to stay there is no doubt about it. it is already being adopted by many sectors.

market cap =/= value

If you ask from me then I will say that watching the current rally, $10k is also looking small for price of 1 bitcoin in year 2020.
And I hope the support and the bullish behaviour never ends and bitcoin will be the new money that the world will be using.

i hope see it above 5K usd dude

By 2020 I expect as well predict the price will be sitting closer to $5000 or above $5000. The reason is that by 2018 a good price increase is expected as more and more Countries have been coming into digital currency development. Along with this by 2020 a halving takes place so sure a next price increase is assured. So the price reaching $5000 has got increased chance.

Just a few hours after our previous alert, Bitcoin hit new all-time highs on several exchanges, rising to $2800 in Asian trading, just two weeks after a painful 30% decline that carried BTC’s price below $2000. The most valuable cryptocurrency is up more than three-fold since hitting $900 in March.

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What’s next for Bitcoin?

Some analysts call it a bubble of epic proportions, some say that it’s just the beginning of a revolution and BTC is headed towards $4000 until the end of the year or even $1 million in 5-10 years. What’s sure, is that volatility will increase once again in the cryptocurrency, and that will likely affect altcoins as well. Litecoin and Monero have been showing strength among the alternative coins during the rally today, while the main rival of BTC, Ethereum traded near it’s all time high.

Asian demand and adoption drove the recent leg of the rally, and while another steep correction is possible, there could be several waves of new investors and traders flooding the segment. The aggregate value of the cryptocurrency market just hit $100 billion, a far cry from being a meaningful number in today’s world, where central bank’s hold trillions of assets in the quest of keeping the global economy afloat, while only a small percentage of the investor community dared to touch Bitcoin et. al so far.

The blockchain technology behind Bitcoin is likely here to stay, but it’s hard to tell right now, which cryptocurrencies will emerge as the winners of the segment, Bitcoin is currently holding slightly less than 50% of the total value of the coins, while Ethereum accounts for half of that. For now, traders should keep their seatbelts fastened, as fireworks are almost assured in the coming days!

What’s important, is that traders should keep their seatbelts fastened, as fireworks are almost assured in the coming days 

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