Bitcoin Forum

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

No one can say with certainty what will happen. You have to look to the facts of the past and present and use them to make your own judgments.

It is safe to say that bitcoin won't grow by the same amount in the next 9 years as it has the previous 9. It also will likely not grow as much between now and 2020 as it did in the last 2 years. Of course I speak in percentage terms and not absolute terms.

My personal opinion is that things are only going to improve by 2020, we are seeing more and more governments talk about cryptocurrencies and how to regulate them, while many disagree with that direction it certainly shows that governments are starting to accept the fact that crypto is here to stay.

Similarly we are seeing many large corporations now develop their own cryptocurrencies or integrating blockchain technology in to their business.

Given that adoption is only increasing it seems logical to think that the price will only go one way and that is upwards.

Approximately it can be done in supply.

Btc supply isn't enough to last for long long years from now. Price will ride base on what the demands of the people to avail bitcoin.

The past of Bitcoin is not really great with it's backdoor being found the reason why a lot of bitcoin was made at that time and there is also the Mt. Gox that caused the first ever biggest Bitcoin dump in the history, but after that is the great time of bitcoin. Being regulated in a country, pumping at great heights and many millionaires because of it.

I do hope that I will be seeing an improvement in the future and I also expect a lot of millionaires in that time but I do not think that bitcoin will be the reason for that but because of other digital currencies they are investing and being traded.

I'm sure it will make more millionaires its just a question of how long they will have to hodl for.

There are speculations like bitcoin will be worth $1,000,000 or that guy will eat his own d*** on national TV. So that will answer your if it will make people millionaires.

Everyone like to earn and flip money and this is what most of the people been doing. You said it make millions, but let's face the fact that those guys who earned millions by buying few bucks of bitcoin are the people who got really early and had the guts to hold it for long time. Let's be honest hear the moment price starts raising many people second guess themselves if they should sell.

Bitcoin was made to be as a currency and not to be another asset or something like that .I fairly hope that in future we will be seeing much more of bitcoin use-cases such as being adopted by many merchants and hopefully price won't do these kind of variations when one day it has higher value and the next day it has lower. Because the point was to use it as a currency not as an speculative investment. Although many people are here only to earn money you can if you know what are you doing.

After 2020 I don't think you will see people becoming millionaires from scratch in cryptos that much. Simple reason is because cryptos too will hit a saturation point. No one will be able to make money blindly just be investing in anything as the things are right now. So after that it will be difficult to earn easy money.

As of the moment, Bitcoin is just started to be know all over the world, But it hasn't been accepted by all as of the moment. But I think if they see the real capacity of bitcoin, I really think that the bitcoin price will still surge like the previous year.

Having a lot of Bitcoins could be possible in 2020. Having a lot of money in fiat is nothing to brag about.

Yes, i believe that even in the future the value of the bitcoin will be increased and it will be same as it was in the past or now. The reason behind the value of the bitcoin is all because of strong support of its technology and peer to peer system which is the major reason for the rise in demand by the investors and traders all around the world. By 2020 you will see people making millions who are holding the bitcoin right from now or before and i would like to be one of those millionaires for sure.

Bitcoin every years have a surprised, every years can reach high value. And in the future bitcoin can create millionaires people.
When I invest bitcoin in the first time (almost 4 years) until now, bitcoin make great profit for me.
Because of that reason I more invest and hold bitcoin even it drop down. I believe bitcoin can touch high value every years.

Yes, Bitcoin has been created to meet the needs of the world market, it can be said that Bitcoin is a very well-developed platform so in the future it will grow even further. Many investors have achieved success from joining Bitcoin, so it is very interested in the community.

Sure but that blanket statement could apply to anything anywhere in the world really I feel like. And don't forget that while there become some millionaires, there will also be people who become homeless because they couldn't protect themselves correctly.

Yes off course the future is bright anyway because the time is great dimension for the bitcoin itself and that we already experienced since the year 2009 when bitcoin was first introduced into the market. The major developments will be done to bitcoin blockchain technology and this will include the scale up issues, blocks size and time of transaction. Off course they all are interrelated and can be vanished in no time! Thus more applications of bitcoin will be done and more investors will get attracted into the bitcoin itself. Thus until 2020 which is almost three years from now can alter the course of future really.

Bitcoin is the very first crytpo currency of the world and it is unique, although still most of the people do not have any idea about bitcoin, but now they are becoming aware and are getting education about it, because bitcoin is now becoming famous throughout the world and people are also showing good response to to buy bitcoin and invest money there for making profit.

No one knows what will happen, but you really shouldn't see bitcoin as a money making machine. If you see it this way, and others see look at it the same way, then I must say that the future won't be that good. I think bitcoin will have a bright future, if people finally start looking at it, as a potencial decentralized and trustable payment method, both for international transactions, or simply to buy a cup of coffee on your favorite coffee shop. It will take a while for us to get there, but if LN continues developing and getting adopted at the same time, like we are seeing now, the future should be promising. We also see companies like Microsoft maintaining it's interest in the technology, and those are great news as well. Even in the bank sector we are seeing some positive news, and the same thing goes for regulation.

Bitcoin looks great, and yes I do expect its price to go up, specially because of the halve in 2020, but that's not the main reason why I'm holding my coins, and investing every time I can.

Bitcoin is still capable of giving birth to new rich people (new millionaires) until the year 2020 we need not be afraid of the bitcoin supply that is left only slightly, because at that time bitcoin will not be limited to supply, but limited to its value

I also hope that the Bitcoin price will go back to the past tracks of the glory. Predictions are hard to make. Usually when the experts make the possible prediction market goes to the opposite way afterward so every prediction that you think is worth your time is actually meaningless and the best future price is the value from your own research which you gathered. 2020 won't bring the many millionaires but again who am I to make predictions. Gather your data and calculate the possible curves and graphs!

As we know bitcoin has a great history so far but we can not say what will happen after 2020. It's a very long period but in my opinion bitcoin demand will certainly increase and on the other hand supply would be certainly limited so chances are brighter to increase in value. I am hoping it will be good like as past.

There is still no clear rules regarding crypto trading and crypto related business in many countries so market used to react heavily whenever there is small updates regarding legal status of crypto in one country for ex. when china announced ban in crypto exchanges price dumped hard and still trying to recover from that.

To have stable growth and increase in adoption clear taxation rules must be set across the world. There are still countries where you will be caught for dealing with crypto.

To be millionaire you might have to invest really big amount right now because price of bitcoin is already high.

In the past history some people become millionaires because they invest on bitcoin at early stage and i think this year up to 2020 user of bitcoin can grow double and i know that many people using bitcoin become millionaire same in the past years.

I still always think positively about bitcoin for the future, and I'm sure that in the next year bitcoin will bring more people into millionaires and even billionaires.

Much can be argued and wonder, but if everything is carefully considered and weighed the news background, it becomes clear that the coming years the confrontation between opponents and supporters of Bitcoin and the crypto currency market will noticeably heat up. Bitcoin in recent years came to the forefront of the news, which amaze the imagination. Are you not surprised - from $ 1 to $ 20,000 !? And then the expression is clear - demand creates supply. And not a large part of humanity is involved in the crypto currency market. Imagine what will happen when the digital currency is introduced everywhere. Here the answer suggests itself - Bitcoin and digital media will only go up, and I believe that at times exceeding the pace than until today.

No one can certainly answer what could be the future of bitcoin for the coming years but there are many speculations that bitcoin price can soar higher and might surpassed the previous peaked price. This lies in every users and the demand for btc, if the people continue to support and trust bitcoin then the prediction might happened. It can create additional millionaires for those investors who hodl for long term.

The pass history of bitcoin was really amazing. It is true that a lot of people was already had their healthy wealth and probably they are rich now because of it. Many different speculation are we already heard and see under crypto word, but the most important things that we can hold for now is the value of our trust and believe to this system because I believe that nobody can tell what would happen in the future thus,if we are already in that day. But for now we just need to do is to chill and appreciate what will going to happen in the present.

every glory must have its limit like rain that there must be cessation. so does the current bitcoin state. perhaps in 2009 bitcoin is very developed but after the passage of time from year to year it turns out the fact that bitcoin is currently experiencing a steepness in market prices resulting in bitcoin is not as attractive as it used to be. perhaps the cause is the regulatory factors that prohibit it in tightened this year.

 I know that bitcoin is a great history so far but we can't tell what happens after two years are coming so very durable .but in my opinion that bitcoin is demand will certainly rise and goes on another hand supply would be its definitely been said to have a bright future to increase its value .I am holding a good like as it past.so its very interest  in the community .

We should think on investing in it for long-term progress, if not then we will not be able to adopt or buy more of it now since we don't fully trust that even by two or more years btc can still exist, having bitcoin now can still make us richer in the coming years, it will be the future for everyone since we all know how blockchain simplify the transactions in a fine way.

True the price of crypto will grow like entropy of universe. I am waiting for BTC to spike out again like 2017. This time i will make sure that i am at least a millionaire.

stock of the bitcoin it limited estimated until the year 2040.
If the year 2020 I suppose bitcoin will more expensive price is given the bitcoin is a virtual currency market leader today and are very popular in all the world

The current investment in bitcoin is not suitable for those with smaller capitalizations, since Bitcoin is now around $ 11,000 and the return on investment in other cryptocurrencies is relatively higher.

I see the bitcoin with the future really if you look at the info very nice it is the answer to the difficulty and so many people the bitcoin so much so many bitcoins who support bitcoin and many people bitcoin altered many who trust bitcoin

Certainly Yes. the future of Bitcoin will actually be good and even greater than that of 2017. Reasons  been that many people are just getting to know that Bitcoin as a  Cryptocurrency have made some people Millionaires and Billionaires. And with this awareness of  Bitcoin as a cryptocurrency,  many people are looking foward to a good feature , where more and more people,  countries, government  will accept Bitcoin and will invest in it for the sole reason of improving their finnancial status.And the more people invest in bitcoin  the higher  price value will increase.The future  Bitcoin Price value will definitely be good as that of last year and even become better.  

Millionaires are unlikely. More precisely, one can and will become millionaires. Lightning never strikes twice in the same place. Unless of course come up with a new way.

Most of the people are thinking that way,bitcoin can make an individual a millionaire in 2020? its not impossible but it depends on every individual.No one can make a solid statement of whats gonna happen in 2020 even a crypto enthusiast IMO.Lets just look forward onto it either good or bad.

Everyone want to be a millionaire and make it to be rich but the question is they are prepared to be a millionaire? In the year 2020 everyone can be a millionaire but the question here also is if they have a patient or can handle an investment in the long term because as we can see from 2009 as you said until now bitcoin have a big rising so if we think of it by 2020, 2 more years from now it will rising again and everyone who hold a big amount of bitcoin can be a millionaire in the ywar of 2020.

These are all speculations and it could of course turn some into millionaires but not everyone nor most of us because we are all not privileged to be holding a 100+ bitcoins in our wallets and the few that hold a good amount of bitcoin are sure going to swim in riches should bitcoin shoot up. I still don't think i can be a millionaire in Us Dollars should bitcoin even double up its current value.

you can see the history, and I strongly agree with you that bitcoin has had an amazing history since 2009 with fantastic value and used by many people to build a platform or invest.
bitcoin will continue to grow in the future, because now so much demand to have bitcoin as an investment.
bitcoin can also be used to build a new platform with so many ICOs right now, you'll discover how much demand there is.

No one can predict the future very precisely in this case, bitcoin does have a very good history, especially the last few years. and everyone believes and expects bitcoin brightness in the future. but not necessarily that happens.

I can assure you that the future of bitcoin will be very bright in the future. I'm sure of that. The crypto market only really emerges at the end of 2017 and they will grow strongly in the coming years. Everyone has started to realize the positive side of bitcoin and that brings usability to the user. So bitcoin will attract a lot of investors in the future and that will mean that the price of it will increase.

Most of the regulations and talks are only beginning now, and how that goes down pretty much points btc up or down. Im not saying government is the only factor. Of course there also a lot of things you have to worry about like manipulation, whales, scams, fuds, and it's tech. But politics is really what concerns me right now since it's still an on going talk if the world is going to accept crypto.

In the past many projects were successful but now many projects are failing and the price of ETH is declining but we have to be careful in working on a project, hopefully BTC prices will continue to increase.

It will be good as it was earlier and it has got many much long way to go.The only thing what we require is  patience and keep not watching the market as it can frighten us coz of the volatality it has got .Just buy at lows and sell at highs ,thats the only theory i follow to make some profits.I hope it will cross the previous high of 20k by april or may and proceed to create many more new milestones.

if the 7-year trend continues then a prediction says that bitcoin in 2020 will reach $ 250000 price mentioned by jameson lopp is a Bitcoin Software Engineer. it is stated that based on the calculation of Bitcoin seven-year price trends and based on daily value changes. based on some predictions this will certainly make the bitcoin holders will reap significant profits in the future.

I dont think bitcoin is going to make a lot of people millionaire in the future because the price is already high and people have to invest a lot of money in order to make a good profit and become millionaire. In the past, at the beginning of bitcoin the price was only a few cents so you could have buyed thousands of coins with less than 1000$. The price increased with over x10000 so even if you would have invested 100$ when bitcoin was available on the market you would have been a millionaire now.

These days you have to invest hundreds of thousands of dollars in order to become a millionaire because the price goes up very little, maybe it doubles every year but still thats is not enough to become a millionaire.

You Know that Bitcoin is much better than past, Bitcoin is always wanted to go a long way and it's going its own way. I think Bitcoin don't need to look back and Bitcoin is waiting for 2020 to give some surprised to us.

People hope to make a lot of money from bitcoin but for now it may be hard to predict, in the past maybe people were so enthusiastic about this technology and the prices increased drastically, in many years later those who invested right now maybe can make a lot of money like early adopter did, but also can earn nothing it is just hard to predict, it's really unpredictable.

Bitcoin will create many new rich people, and that's been proven.
now! bitcoin is getting known by the whole world, and after the events of venezuela! I'm sure bitcoin will be increasingly in the interest of many people around the world.

To be honest no one knows even the creater of bitcoin don't know.As per satoshi's prediction bitcoin will be very expensive or just worth nothing at the time of all coins were mined so we just wait and see what will happen.But bitcoin already got popular over world so chance of losing its value is very low.

Yes, I think the future of BTC will be even better than its previous history. I think we have to see what BTC can do with our economies.  :)

Bitcoin gave tremendous returns in terms of investment in last 9 years, it doesn't mean it will give same returns in the future too so doing speculation considering past performance and relying on it is not a wise idea in my opinion. However, I am optimistic about the future and I believe we will see exponential growth in terms of user base and price to in next 5 to 10 years.

Yes, absolutely im preety sure about that
With lot of company start using bitcoin and some country legalized the bitcoin, the future of bitcoin more brighter than the past im sure about it

Everyone knows that bitcoin has a great history since 2009.soo what would be the future of bitcoin what would be the situation in bitcoin after 2020 it made millionaires people just as in previous years.

But Bitcoin has only recently become known worldwide, but it has not been accepted by anyone yet. But I think if they look at the true capacity of bitcoin, I really think that bitcoin prices will keep jumping as it did the previous year. And maybe in 2020 Bitcoin will be accepted in the community all over the world.

Since Bitcoin is the most popluar cryto currency that exist and is consider as the King of Cryptos, I think as 2020 arrives Bitcoin will continuously rise and be in the community. It might experience ups and downs but it will still remain.

I think bitcoin will be adopted by more than 1% of people like it is now. Maybe 5-7%. Price will go up exponentially but only those who are early adopted will be awarded, like it usually is if we look back at the history.

We all know that no one could tell us what will happen after a few years because all answer here is just a prediction, but if it is become popular in many countries and accept bitcoin, i think good things will occur and all people will have a good source of income because of it.

yes, bitcoin has survived long until today, bitcoin travel is very long. with time running, the bitcoin inventory is also getting little.
 
today, the remaining 3 million bitcoin again, but demand is increasing. so every year bitcoin will increase.

in this year, the bitcoin value will reach $ 50000. then at 2020, the bitcoin value will probably reach $ 200000. or half the price of a lamborghini car

Bitcoin is indeed as good as ever and i don't think the current instability is anything  to fret about because it is the same with every other commodity on the stock exchange and i am still hopeful of better days ahead with bitcoin.

I think by 2020 we will see many more innovations in the field of cryptocurrencies. It will be new protocols, some analogues of smart-contracts and new projects based on the blockchain. Bitcoin will continue to develop its infrastructure.

Bitcoin depend on supply and demand so there's no way to predict such coins. Probably more people join bitcoin more the demand increase and supply decrease which cause bitcoin's price increase. Once people start leaving bitcoin it start decreasing and it can lead bitcoin to death. In past many people invested, it might be possible due to hacking and transaction fee people lift their interest in bitcoin and this currency start decreasing in value.