Bitcoin Forum

Will it increase exponentially, linearly, stay constant or crash?

Don't bother yourself with so distant future. In the world of technologies this is very far away because changes are very fast and dynamic. Anything can happen with the Bitcoin too, the price could go up but also climb down, maybe some new successful cryptocurrencies will appear too. So, let's go one step at the time and focus on current Bitcoin issues.

Anything can happen by then.
The price could skyrocket as difficulty continues to increase and each Bitcoin could reach 5 figures...
Or, something like a 51% attack could take place by then causing your BTC to be worthless...
The point is it can go either way. You can't predict that far into the future. Remember to invest what you can afford to lose and then when 2020 comes around you'll either be disappointed or able to buy a new car/home  :D

In a positive environment like there will be no regulations from government and bitcoin gets power to scale and etf gets approval (for example) then obviously we can expect increased demands to have exponential growth.

Fundamentally every halving will trigger exponential growth as supply rapidly decreasing regardless of whatever will be happening around bitcoin ecosystem.

TO THE MOON!

or

CRASH!

Pick one.

The long term outlook on the bitcoin price in 2020 and more far away is pretty much dependant on which people you are going to ask.
The moods are really different along the cryptocurrency community, because there are many uncertain events which are causing some kind of a pressure on the market.

The whole situation about Segwit and possible hard-fork is making people nervous, what may be a reason of why bitcoin price has gotten more stable, and not so volatile. It is not going to rise so quick now probably, so all i can expect in 2020 is the price areas above 2000$, because the level of 2k dollars per bitcoin is going to be surely broken before the end of the 2020, in my opinion it is the most likely scenario for now.

I prefer to the moon, but before that happens I have to buy bitcoin in bulk :)
Like seriously, the bitcoin value depends on the market, if many people want in, but the holders are strong enough to hold, the price will go crazy. I hope we can see 2000 dollar by the end of his year.

That's such a vague question with so many variables that can change in the near future that it's beyond difficult to even get close to having a decent answer for this question. Quantum computing may become a thing and this dramatically changes what we do with Bitcoin, we might get a large event that starts to push everyone towards or away from digital currencies, countries may start to introduce additional legislation, etc.
There is nothing we can really estimate even just a year out, let along 2 and a half years from now. I'll say that it'll do well in the future and we won't experience anything damaging for now.

If everything went perfectly, scalability issue fixed, etf's being approved and countries acknowledging bitcoin as money, then the only thing we can observe is an exponential growth since, adoption growth will be exponential.  This will give a lot of demands from the people in different country.  This is why one of the early investor of snapchat predicted that Bitcoin will be $500k a piece by 2030.

I think in 2020 we will see bitcoin in around 3000$ the growing rate of bitcoin is very good, if there are big event like etf acceptance and the scaling is cancelled then we will see the price rising over that number, I am optimistic that bitcoin will do well in the future and the price will be more valuable

Trend does not work all the time, better monitor the market of bitcoin especially the developments so you can predict how the price will move and on how much value it can achieve that time. I have my own prediction and in 2020 I think the price will be around $3,000 to $5,000.

Yes $ 3,000 in 2020 is possible, I believe bitcoin will be more popular and massively adopted so the price can achieve that. Just like you, I am also optimistic that prices will go well and become more valuable. If you look at the value of bitcoin, it usually tends to rise up over time, it proves that bitcoin is always in the positive trend. It is conceivable that the bitcoin price is now around $ 1,300. Investors will get multiple profits within 3 years, this will be amazing.

There is a great possibility that it will increase exponentially, assuming and hoping for the best that other countries will start accepting and acknowledging bitcoin. If this will only happen, value of bitcoin will increase due to the public's demand for it.

It's hard to say that there will rise a new cryptocurrencies that will go toe to toe with bitcoin. Being successful for such a long time is what makes bitcoin hard to compete as it is, unlike other crypto that were made in the past and just suddenly disappeared because of its flaws, bitcoin remained for years because of it's features.

it can't stay constant, for the simply reason that bitcoin was done in a way to become big or vanish due to the block reward and the deflationary nature, like satoshi said

right now it look like bitcoin might have a bright future, if you think about this same question that was done prior to the last block reward, where many were thinkign that no price increase would have happened but then we had a great increase

the same will happen in 2020, another great stable increase and new bottom will be set, i like the rule of addding a 0 to each new halving, the value should in theory be around 10k as a new bottom

I would not say that the bitcoin is deflationary in nature. There are new bitcoins made every day and that is the definition of inflationary currency.

In practice bitcoin actualy is deflationary because it is less inflationatory than dollars in which it is traded with.

Also the way the users use the bitcoin could make it de facto deflationary currency, because of the wallets that have some fractions of btcs in it are lost and forgotten forever, making bitcoin more scarce.

And that fact alone if nothing else should be making bitcoinholders possitive about their investments. I would be possitive as well, but I can't in the light of recent exchange troubles.

Either way the long term predictions are still awesome for btc imho.

For me, the price of bitcoin for 2020 and beyond will be stable @  2,000 USD and it will be just like 2017 where the price is starting to pump again and its getting more and more pumped because of the stabled popularity and trust of the people. In 2020, bitcoin is already adopted by the stores around us.

it will increase its value I think , bitcoin continues to grow its population of users, people get interested on it , due to its high demand of the people supply needs to be increase too. but im afraid of the halving too , but I think it wont be happen.

Non one can tell what is the future of bitcoin since we are not oracles and we can never tell what lies in the future for bitcoin. There are only two possibilities that bitcoin can have, its either it will continue to exist or cease to exist. If it continue to exist its either will increase in value or decrease in value. There are many probabilities but I am holding on the concept that bitcoin will continue to exist and will reach a price which is more than the current price today.

I think it is impossible to tell right now

We don't even know how the closest things are going to pan out, for example, with the Bitcoin Core versus Bitcoin Unlimited showdown. I suspect that Bitcoin Unlimited will likely die but that is not carved in stone either. Further, things like SegWit and Lightning Network will seriously affect Bitcoin future irrespective of whether they get accepted or not. If they get approved and accepted in the end, the price will likely go exponential for some time but then it will certainly flat out due to rise Bitcoin turnover rates thanks to these improvements

Price prediction of bitcoin is very hard, when it is calculated for years then surely we can't​ make a better prediction to the trades involved selling these services. Based on the ETF approval we can expect a positive in mind of the users who have been with plans of multiplying bitcoin

Bitcoin Unlimited will likely end up drying out, but the problem isn't exactly the proposed alternative sides, but more the people behind them. Poisenous, but at the same time quite influential individuals such as Roger Ver and Jihan Wu will not just drop their hidden agendas. If Bitcoin Unlimited isn't it, then they will come up with something else. Especially when you consider that they have no problems with holding Bitcoin's growth back to nurse their own ego and toxic ideology.

With Bitcoin Unlimited kicking the bucket their influence will subside dramatically

Roger Ver will be as relevant as the number of coins he has, and if he chooses to dump them, then more power to him. I think quite a few people will be just happy to jump at this opportunity and buy his coins when the price flash crashes after he sells his stash of bitcoins (though I sincerely doubt whether he is actually going to sell anything). Again, Jihan Wu will likely also lose some of his influence between miners as well as miners themselves will be less relevant with the introduction of first SegWit and then Lightning Network

I agree. Do not bother with forecasts of such a distant future, because it can not be accurately predicted. We need to live today and get the most from this.

Roger Ver has been offered to trade his Bitcoins for BU coins at the time a hard fork has been initiated, but of course, he never responded - which is more or less the same as simply saying no. In that regard, it's safe to assume that he will never sell his Bitcoins. Mainly because of the fact that his wealth (according to various articles, it is in the range of a few hundred thousand BTC) is exactly that what gives him his power.

Correct, but as long as he accounts for a large percentage of the total network, he will remain an important factor in the whole picture. Him and Ver combined makes a very powerful duo. In that regard, even with SW and LN activated, they will remain forming a massive obstable.

Just sitting idly on your bitcoins is not very effective either

Indeed, he can threaten to sell his bitcoins, but eventually people will just get used to his threats and stop giving a fuck about them altogether ("a barking dog never bites"). Regarding Wu and his accomplices, when LN gets activated, miners will quickly become purely utilitarian (just how they should have been right from the start). That basically means that they will be no longer able to dictate anything or set the rules since the market of miners (i.e. of sellers) will be effectively over

With these three options you have there, I am sure quite a number of people will agree with me that bitcoin price might actually have to witness those scenarios within six months not to talk of 2020 which is like 3 years from now. The truth is no one knows what will happen tomorrow when it comes to bitcoin as we are witnessing price increase now, by tomorrow it might be a crash. So I say, let the future take care of itself and if we are still here we will decide in the future.

Yes I agree. The future of the Bitcoin is conditional, if the other things don’t change such as the government regulations and stuff it will progress more. As the government regulations are the most vital for any entity or commodity to survive. If the government doesn’t interfere with bad intentions for the bitcoin it will leave no stone unturned and will develop more.

These choices are possible to happen in bitcoin and it can happen that it will exponentially because of the positive news that are coming out. But that is still far, 3 years from now. Because technology is very fast in upgrade and bitcoin will be also fast on it's progress. But I strongly believe that it will grow exponentially.

Like any other business bitcoin will also go through a business life cycle, there will be a time when it will lose its demand or popularity among the community but it don’t seems to happen in the near future not till the 2020 and even after. Who knows how much time it will take for the bitcoin to go through this cycle ? I see a very bright future of the bitcoin for 2020. It will be traded with a very high price I guess.

business life cycles will always be there but lets face the facts...as bitcoin prices keep sky rocketing its also losing grip of its users who

will demand for other cheaper cryptocurrencies like quantum for their invest options and if a solution of scalability isn't addressed btc will be hit hard  and lose its value. Bitcoins better days are yet to come probably 2020

The outlook for believers is very positive and that is the reason why the market cap of bitcoin is increasing like anything. If the people did not believe in bitcoin, the price wouldn’t have gone that far. Even with the slow network, bitcoin price has increased to 1500 USD +…

So I strongly feel that bitcoin is going to much higher price within next 5-7 years and many investors like me, actually accumulating bitcoins from every possible source. I strongly believe that bitcoin will break all the boundaries of imagination by 2020 and will remain strong for another 5-7 years at least.

There is a lot of potential price for bitcoin by 2020 and we can see that the price is almost x4 from the price last year and if this trend will continue then we can multiply it by the year left so it will be x4 * 3 (Year) = 12x, so the possible price for bitcoin after the year of 2020 will be x12 and that is very huge price pump for bitcoin and this is why it is good to have bitcoin now.

we can't really say dude but if you base it from what's happening today and if this trend continues, we may very well be looking at the main cryptocurrency in the world that has a price exceeding 2k$.