Bitcoin Forum

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

I want this to happen but predictions are always be predictions. It may happen and it may not happen, if McAfee said that maybe there are some surprises that he'll do just to make this happen.

And this is a very tuning in prediction because he's condition is very crazy - check out this reply from https://twitter.com/officialmcafee/status/887024683379544065?lang=en

I hope it happens and I'll definitely going to sell maybe some of my bitcoin by that time and will live happily ever after.

I do not think so, it is not beyond the realms of possibility but I don't see bitcoin really reaching 100k let alone 500k, certainly not in the next 5-10 years.

Wow this is really a huge amount of money, well if this thing happen i would like to celebrate because I will earn big money for sure but i think this is really hard to happen for just 3years. My prediction is around $30k and hopefully people still support this kind of technology, well a lot of people are now using this and we will see what will happen in the coming years.

Could happen, but I wouldn't count on it. Tech giants took around 10 years to go from 100 Billion to 600~800 Billion, which is only x6-8.

But then again, Bitcoin doesn't really sell anything and is more of a currency, so it could rise significantly faster with enough adoption. I just wouldn't count on Bitcoin reaching 500k in only 3 years, which would raise the market cap well over a Trillion.
If Bitcoin finds itself to be the mediator between all altcoin investments and trading, this might happen in 5-10 years though, since the largest singular stock exchanges are roughly 1 Trillion in size. Bitcoin could well be considered as multiple exchanges if it remains the entry point into crypto.

it was a history,
he said it a while ago before the first chain split,some people assumed that he's reffering to Bitcoin cash.
and some people said he's reffering it to Bitcoin,.
i think at best we should see it around $50.000 more or less,but it'll be impossible to reach $500.000 i think.
because who will be the buyer if Bitcoin price reach that point ? and also if nothing change what will happen with our fees ?
for example right now,
average fees around 0.0005 Bitcoin,which mean if Bitcoin price reach $500.000 how much it will be for every transcation ?
it will cost us around $250 which is extremely huge for just a single transaction.
but everything can be happen and i believe Bitcoin tech will keep improving everyday/week/month/year.
to reach that point we need something big and we will not value it using Bitcoin but instead it will be mBTC or something like that.

I personally think that bitcoin could rise to $50k, since its about 1trln supply (euro has about 4 trln). But all we need is a wide adoption imo

It is a bit too far for the price of bitcoin to reach up to that price. Bitcoin for $500k in three years is just like a fantasy and you should aim for a lower level than that and bitcoin cannot be like a magic that it will reach half a million because for me the price of bitcoin might go up to $15k to $20k after 3 years.

This is way way more than crazy,just the idea of it. 500k dollars per bitcoin ,damn I'll be a Millionaire and I'll just screw my job over and live happily ever after. I'll trade and increase my inventory and not worry about it. Me and my friends will hang out everyday 8).
But at the end of the day its just a prediction and nothing else,some one claimed that the world will end in 2012,did it happen,sadly no. If it had all the bastards would have died including me but eh predictions don't turn out to be true.

$500,000 is overwhelming amigo. I want to expect the least rather than huge. jajaja! I'll go by $400,000 at 2020  ;D

How is 500k overwhelming but 400k not? That's only a 25% difference, which is nothing in crypto lol

Exactly lol

Actually bitcoin made almost x3 from July and now the price about $6k
Next x3 will boost the price to $18k
Next x3 to $54k
Next to $162
And next to $486k

So we need just 4 times with x3 moves

lol


btw just kidding

They said everything could happen in btc and expect the unexpected but I think $500k is too much and too high to achieved in just 3 years. Not all prediction even from the expert, pro, or whatever will gonna happen just because they said it.

As a traders, all of us are wanted bitcoin to reach $500,000 price because we all can benefits it. Almost 2 years to go from now to reach year 2020. So if we look at the chart of bitcoins' price from last year until now, there was almost $4900 in difference so if we multiply that into three years it will get a total of $12000 in 2020 according to my computation that is if the price movement is stable. Therefore, $500000 bitcoins' price will takes too much time but $30000 will be okay for us.

3 years = bitcoin --> 500k
no way.
Look around you, the chain get split every other year, this is not possible.

Prediction is just a prediction and you have a choice whether to believe it or not. It is better to make your own research so you know whether your decision will be right. You can also use as an additional knowledge of what's happening right now on Bitcoins and in Crypto. What's going on today and how good we are going to be with Bitcoins.

Hello all,
predictions are very difficult.

Looking on history, statistically is possible.

Sure there is value where the coin cannot go over.

I think this value can be $20K

Yes this thing might happen. As from the last few years bitcoin value is rising very surprisingly and if continues this way then yes it might reach upto $500k.

I don't think so about bitcoin will rise to $500k in next 3 years. That's a very huge amount of money.

I'll be very much glad IF that will happen. But it still a prediction. It may happen or may not. But one thing is for sure I am very happy with unexpected increase of price of bitcoin for the past few months.

I do not have a single bitcoin in my account, so for me it does not matter)

Pure folly. I believe in bitcoin and i trust it enough to leave my day job to focus on it but it's too much to ask for even 100k. Its just impossible to happen in any circumstance. Even if btc gets accepted worldwide, that amount isn't realistic by far

Although I think, companies shout out placative predictions for marketing reasons, because they are aware of growing Bitcoin popularity, I think for exactly that reason, it could happen, if hardfork will pass smoothly.

100k well before 2025 isn't all that unrealistic. It would require some very strong success stories in the altcoin scene (which is accessed through Bitcoin) though, as well as more adoption by mainstream corporations. Both of these factors could unexpectedly snowball Bitcoin beyond 100k even earlier, but that's something that only a fool would rely on in his calculations.

7nn & 3nn chips will change everything.....2020 BTC $900

8-16TH on a PCI express cards will take bitcoin away from asic farmers

GPUs don't get that much stronger just because of smaller chips. They certainly won't trounce ASICs. And even if they could do this due to a decrease of chip size, ASICs would simply start using smaller next gen chips as well.

Your price prediction is nonsense too. Even if all remaining Bitcoins could be mined instantly due to new hardware, the overall supply would only increase by around ~25% which would imply a 25% price drop at best. And that's if we assume that demand doesn't increase at all.

I think it's still very difficult. Well, at this time bitcoin prices are very high, and I believe, that bitcoin prices will be higher than the current price. but, I think, reaching $ 500k dollars in 3 years is still difficult. even to reach $ 50k it's still difficult.

$50k doesn't seem that exotic to me based on the recent developments and attention in the blockchain scene. That would be "only" one trillion in market cap, which is roughly the size of one stock exchange or about 30% larger than a tech company.

 bitcoin has serious competition now , secondly once Solar powered mining or clean energy takes over & the cost electricity is taken out of the equation I don't think BTC will be able to compete with more popular coins in the future as a standard currency BTC fees are very high compared to other cryptos.....

IF BTC would raise above 10K USD it would more likely to be used as an asset then a currency to shop with.

BTC losing market share to other crypto currency's is bound to happen.

This is well founded as the number of Bitcoins is decreasing and the number of supply is limited. I am sure this will increase Bitcoin prices as the volume of Bitcoin buyers is increasing

That seems unlikely. Bitcoin to $500,000 maybe in 20 years is so. I don’t think it will rise much faster than that. Even if Bitcoin doubles in price every year, it would take over 6 years to get there. I also think there will be periods of time where Bitcoin drops or consolidates, so it won’t be just increasing. Regardless of the growth rate, it is important to accumulate as much as you can over the next few years.

Consolidation periods could be significantly shorter due to adoption though.

i dont think price will go to that. 20k may be possible. But we can not predict. who knows

I really don't think btc will hit $500k by August 2020.
If McAfee said $50k than it could be more realistic than $500k.
Nothing is impossible, bitcoin price may reach $500k by the end of 2025.

If we look at the current market value and the involvements, bitcoin price reached over $6k.
So if we target to reach $500k than the market value and the involvements are needed by x85.

So is it really possible?  ::)

WOW, $ 500,000. A crazy number, but we can make our predictions of that
That's your guess, but to me, I think it's only possible to stop at $ 50,000 is reasonable

The level of sustainable growth in which the reductions and adjustments will make the bitcoin go further is the way to increase dizziness.
We can see that investors are often afraid of bitcoin bubbles

Bitcoin current price is 5 thousand dollars , and for me setting a prediction with a high amout like 500k dollar with an destination of 450K increased with the current value of bitcoin this is quite hard to reach in just lesdt than 5 years. Be side if you are going to know bitcoin in terms of its price history we know that there will also be a possibility for bitcoin price to dump for it to develop.

Oh no, I think it's impossible, I think btc will continue to increase but to reach $ 500k over the next 3 years, this is too difficult to imagine. Currently, btc price is only $ 6000. I do not know in the future what will happen to btc, but really,  I think btc will not get to that number.

haha. I think he just kidding. Why could he predict? He is a witch who can see future? I don't think so. Maybe Bitcoin is a good coin, but it just reaches to maximum $20,000.  :D

He predicted it based on exponential growth curves. Nothing to do with witchraft, just pure Mathematics. Of course, reality depends on so many factors that such a simplified analysis often won't work. But it's not impossible anyways.

Currently I do not believe in a prediction, I just believe in something real happening, I think McAfee's prediction is a crazy prediction beyond reason. Though, I myself hope so according to McAfee's prediction.

The prediction is a process of estimating something that will happen in the future I call it a forecast . Forecast or prediction can may happen and it may not happen

Hopefully McAfee's prediction comes true, Amin.

Yes if investor become so lenient then this mile stone will also be achieved and 500k is achievable just we need to believe and invest into bitcoin and use it globally then this will happen and pump and dump is part of bitcoin no need to worry about it just invest and see the promising future of bitcoin this will give a lot to the people and also bring development and economic stability to the world and better place.

currently, btc price is $ 5700 and in the future i sure that it will increase but the btc price increase to $ 500000 which I think that is impossible. You think the btc price will increase 87 times in 3 years. I do not think so.

Rise to $500K in three years ? Impossible !

500K per bitcoin would give a total market cap of 16.65*10^6 * 500 000 = 8 325 000 000 000 $....

I dont think it will happen for a short period of time. $500k in thre years is a short period of time, it will takes long before it will achieve. Though there are many speculation yet we have to check the market everytime.

You can’t predict actually. Whatever prices these all men are just saying, they are only for your own sake. To satisfy your heart you are saying this right now. Even you don’t know what are the basic reasons for this much highness of bitcoin in last one month that is has crossed $6000. So keep satisfying your heart, it will happen what has written in the fate. So keep dreaming.

In 2-3 month for sure it will cross 10000$

Market cap would have to be this for the prediction to be true 500000*22000000


And by the way dont take Mcafee seriously anyhow

If you keep growing at a high speed, it's possible
It can be used as an investment strategy
 :-\ :-\ :-\

This is just random speculation from newbies, Bitcoin will never worth over $100k in 3 years later, It may be worth double digit in the future but that will never touch hundreds. To possibility about bitcoin wroth over 100k in the future if the max supply already reached and the more bitcoin will be lost due to the various reason and that will be decreasing the total supply from the maximum supply.
And in every halving the price will be doubled.

I dont think bitcoin price will reach 500k dollars in the hear of 2020 because that price is very high and for sure the highest price is maybe around 30k dollars thats my own prediction. 500k if happen if you have 2 bitcoin you will become a millionaire person. But the percentage to happen that is very low or 0 percent if I range it. But I hope the price will continue to increase.

Bitcoin $500k? lol...

It has a chance of rising up to 10k in the near future and i'm unsure as to what barriers it will continue to break after that but I hope it's many but I want to remain in the realm of reality and say $500k is a ridiculous prediction

yeah that's exactly what i said

People who come up with such predictions should be discarded by default, and get marked as eccentric clowns. Nothing in the world justifies the market to climb up that much in such a short period of time, that's even enough for people with a basic form of common sense to understand. Funny thing is that these 'high level' people are hoping that their influence will stretch out far enough to make people buy Bitcoin like there is no tomorrow, but it obviously doesn't work. The same has been the case with KimDotCom and his M2 Bitcache project. It's a lot of talk, but no action to actually back up what he is so loud about. How difficult is it to remain moderate with everything you say and do? Bitcoin is a booming market, for sure, but some people just expect too much.

don't be naive, only because price changed so fast these months doesn't mean that it will continue like this. I'm sure that price will be 7500$ by the end of 2017 but 10k$ is just too much in my opinion, changes like this requires time and more people interested in bitcoins.

all can happen if bitcoin reaches 500k $
but that is a prediction and the prediction could be wrong, so we still have to collect bitcoin

Wait till this December to find the value to 7.5k USD or more than that. From the past three I noticed that bitcoin price started increasing in the time of Christmas and New year time.
If the supply and demand increase in the bitcoin surely you will be find the better value in the chart. This theory takes the bitcoin value with the steady growth.

If crypto does another winter rally this year there'll be a shortage of Champaigne on New Year's Eve. :D

Precisely, basically we did have the opportunity to speculate against bitcoin. Because it is sometimes of speculation we have the drive or a very high spirit to be able to get it, but before speculating will be much more to think about or look at all the things that exist in the bitcoin. Because if we are too redundant in most bad speculated to be accepted is disappointed.as it is said that it will increase bitcoin is very high, it may just happen but won't until it is above 500%. because it's still very early in the bitcoin growth.
 

Then what are you doing in Bitcoin forum ? Or did you spend it all

I don't own Bitcoins either and have everything in alts.

$500k, that's more of an exaggeration than speculation.
Bitcoin can never go that high even in more years to come.

honestly i dont see it, i'd assume the total value of of the whole crypto system will be mind blowing by that point but honestly, i think some other system would take over the top spot.

Imo this was just a media stunt to gain attention. You can't seriously expect Bitcoin to reach 500k in three years ::)

Actually, if the growth went "down" to 4,5x per year, the price would go from 6000 to 27000 to 121500 to 546750 in 2020. And exponential growth actually has this peculiar attribute that increase the rates of gain, so if an exponential trend continues the price would be well over a million. It's more of a question of how much longer the adoption will remain exponential.
I definitely wouldn't expect it to be any higher than 20k to 60k by 2020 though and wouldn't even plan my life around that.

i agree with you prediction is only a prediction if they can reached bitcoin of that amount 500,00usd in august 2020 is have possiblity but lets as see the prediction on that month and year for the bitcoin price value.

Maybe that prediction that bitcoin rise into $300k is true or maybe not, but the important is bitcoin is always be there continue its legacy in crypto world.we cannot accurate the right prediction,because the chain economy sometimes its turn down and sometimes  its turns up because of hardfork coming.

Okay now thats too much! lol.

No that is not possible guys, the price is too much and you will need huge market cap for that price to be achieved.

To have that much price you will need to cover the market cap of 83,27,29,35,00,029 USD Now bro just imagine it will need huge investment each year from now and three years can't get it for sure. Look at that number above and ask yourself if that much money can be driven into bitcoin in next three years.

You can expect the prices around 20K or so but not the 500K.

A pretty good fiction for those who own bitcoin if you are buying a bitcoin now in 2020 if the script looks like this you will get folded a lot more times now and then those who buy bitcoin is $ 4500, then they will be listed on the millionaire list  ;D ;D ;D

I want Bitcoin to prove me wrong but to be honest, I am sceptical about the possibility of such massive growth in such short span. I am completely aware of the growth rally and sustainable performance so over the years but $500K seems an unrealistic target for the period of 3 years in my opinion. I am expecting $20K to $30K within next 3 years but anything above that figure would be a miracle for me.

Inflation isn't that much of a problem with Bitcoins. Even if one Bitcoin was worth $1m, one Satoshi would be 1 cent. Also, there's only 16m Bitcoins around today, so it's not like everyone could walk around paying 10k Satoshis for a loaf of bread.

That is not a prediction that is just a wild dream, there is no way for bitcoin to reach that amount even if the world economy crashed overnight I doubt we could get a number like that since depression will set in and the price of everything is going to go down, but that is not a good thing because no one will have any money to pay for anything, so even if bitcoin was valued at 1000 but you could buy a building with that then that will mean that bitcoin is extremely valuable.

I seriously doubt this pronouncement of McAfee. It was not just made with a slight exaggeration; it was made with pure jest and hubris. I think it will not happen. There may be a consistent growth in value for bitcoin but not with a speed that will easily reach the $500,000 prediction of McAfee. It may happen in the far future though. For 2020, $50,000 per Bitcoin is enough for me. That is a realistic goal.

Most of us here will think bitcoin not rise $500k in three years even more that is a very high amount lets be realistic three years from now it will hit $15000 max

We all know that Mcafee  is a big believer of Bitcoin or crypto currency in general but this a bit of exaggeration, do not get me wrong i will love it and i think almost all of us will be happy if the price reach $500 thousand but reaching that price in three years is highly unrealistic.he is just hyping bitcoin to counter those bashers. We may reach that price but not in three years. Realistically i think bitcoin price will be in the range of $20,000 to $25,000. This year end i think we can reach $8,000 to $10,000.

Although Bitcoin has raised so quickly. But I don't think it can reach $500,000. The maximum is about $50,000 I think.

I agree with you, it's hard to bitcoin up to $ 500,000 in 3 years. From $ 50000 to $ 100,000 is right for a bitcoin. Try to earn as much bitcoin. In the next few years you will be a millionaire.

It's way too much money..

My guess there will be a price-hike about 400-500% in next 3 years..

But if McAfee's prediction will turn true, we all will be millionaires by 2020.

Cheers for that.

No - there are too many other coins that should pull some of the investment away from bitcoin, particularly since it is outdated technology and relies more incumbency.

If I'm wrong, so be it - if bitcoin reaches that 500k then they'll be more than a few coins carried along with it and I'll hopefully be in some of those!

I think it has the potential to rise until 2020 as many people have already predicted that bitcoin will grow tremendously. Bitcoin is growing very fast in today's world and many people are getting attracted to it. Most  of the big business mans and also some international company’s like amazon, google etc. have been taking interest in bitcoin.

Bill gates also stated that bitcoin is a growing global currency and people should interest in it. SO most of the people predicted this and also looking at bitcoins progress i think bitcoin will touch this value in coming years.

it can be happens bitcoin can make any history in the field of cryptocurrency. prediction is always prediction it would not be true or similar. so after the 2020 bitcoin where to placed in no one can imaging that. 

Three years is a very less time period. There is no way that bitcoin can increase up to this much of value and that too in a time spam of only three years. There is no doubt that bitcoin is a very good coin and its market value as well as demand in the international market will increase with each passing day. But 500k$ is a very huge amount and I don’t think so that bitcoin will reach this value.

the greater the demand and the higher the price. if 20 million people wanted a bitcoin each ... boom

If this surely happens that bitcoin will rise to 500k in prediction of the next three years, it could be unbeliebable to reach in that huge amount within three years. My prediction in next three would be $30k is gonna be something like that because bitcoin considered as fastest selling almost every year.

Did they really say this? Pretty optimistic but I don't see that happening. THere will be huge gains for sure tho.

It may up its value significantly, but this amount is so much of a big jump that it is already unreasonable and too much to assume. On the previous years as bitcoin was starting up, it's value rose from scratch to its current $6,000-ish value, following that increase and trend, it's highly impossible for it to increase its value basically 830%. In any business that kind of increase is almost always never going to happen, maybe it can reach a little or near 100,000 but that's at best.

Definitely this is more than an execration. We all here are optimist about bitcoin for making high prices in coming future but this $500k is really out of the box. You can’t make such worst predictions that are not even seems realistic. But yes like I said above, we all here are waiting for such good prices to come and we want to have our investments yielding maximum profits.

hopefully mcAfee's prediction really happened. If that happens, it is very surprising for the miners, and possibly also, there will be many newcomers or miners to participate in bitcoin world and will be many people who invest in bitcoin world .. hopefully that prediction really happened.

If it happens more people will start mining as the price increases, which will increase the network hashrate and thus lower the profits down to similar levels as they have been.

Yes , there is possibility this will happen but i'm not encourage for it as well. Cause if Bitcoin rise the price to 500k$ , trust me, the inflation will increase with it. So it's good for Bitcoin's holder, but actually it's really bad to the whole world.

Inflation won't increase with it because of the limited supply of Bitcoins. If Bitcoin was $500k then you could only have 8 Million people with 1 Million USD worth of Bitcoin (2 Bitcoins each). And that's not even 0.1% of the world's population, and thus nowhere close to driving any inflation.

Haha 500k$ is by far the most optimistic prediction I've heard so far. I personally would be surprised if it will be worth more than 20k$ in the next few years.

You're in for quite a ride then. ;)

I'm going to go out on a limb and say $50k ;) but seriously I think we are all underestimating just how far outside the general populace Bitcoin still is. Once we have wide spread adoption (think internet) I don't think 500k per bitcoin is unreasonable in years to come.

WOW!! I guess to hit a 500k usd value will take a longer time, if only in 3 years I'm sure it will not happen. I personally never imagined anything like this, now better you focus to utilizing 100k usd value that might be hit in the next few months or at the end of 2018. :D

Even if there is increase in adoption, expecting that high is normally not possible. Obviously it will be great to see it, but kind of unnatural prediction.
$50000 to $100K is still a favorable predictions we have came through from various sources within the coming 3 years

In the next 3 years I surely that the exchange rate of BTC will be higher than current but to reach $ 500k is absolutely impossible. I realize that the BTC price is gradually reaching the peak, the maximum will be only $ 10k  :)

It will definitely be higher than $10k if there is no significant attack on crypto from many governments at the same time. And Switzerland is already trying to play into its image as a world leader in finance by promising very lax rules for crypto related businesses, so it's not extremely likely that cryptos will get attacked successfully.

It shouldn't be impossible and isn't, it's probably not probable though, especially considering three years is such little time and there will still be plenty of coins to be mined. The more exclusive Bitcoin becomes the more in theory it should be worth so I would think that these figures would be closer to the small percentages of Bitcoin left to be mined. 

I love your wording, lmao. It definitely probably is not probable.

We'll easily crack the $10k well before 2020 though.

Prediction is a free state of saying anything you wish, and which can and might not be archived. Three years from now is too close to make or expect such a high prediction I know anything can happen, but $500k is too high within such a short time .

Prediction is not at all "saying anything you wish". A real prediction has plausible reasoning to back it up. And in the case of McAfee his prediction is based on exponential growth. That type of growth is very common in disruptive industries and has been seen before.
Thus, while it's unlikely that we'll harpoon to an 8 trillion market cap in 3 years, it's certainly not impossible.

This can't even be expected in 5-10 years to come and all mining of bitcoin would be finished. People just write and post things to get attention and traffic when they clearly know that what they are gearing at is not possible.

I guess you've never seen real world data either. There have been multiple companies that grew exponentially in the past and there will be many to come. Bitcoin is in a position where it could end up being much larger than single companies simply because it functions as a currency and asset.

Though prediction is a statement about an uncertain event but it based upon experience or knowledge. We all know what happened last year when Saxo bank predicted that bitcoin will reach $2100 this year and now bitcon is at $6000-$6400 price range. I believe McAfee knew what he said.

We can predict if will happen, but since bitcoin is become popular and increase in number who using it. Perhaps this prediction it may be true someday, since the value of bitcoin is continuously increase.
 prediction is what someone thinks will happen.

The possibility is higher if we have to observe the price this year and as the price is abruptly rising, and that's the reason why the numbers of people who adopted it increases its number due to demand and interest. Well this is only a predictions and not an assurance to become certainly possible, but based on the trend we can rely its statistical probability. Just like what happened with the price now it's getting higher and higher and fluctuations is not that bigger when it changes unpredictably.

$ 500,000 seems a bit exaggerated in the short run, but in my opinion the $ 20,000 will be easily reached and the price will be between 20,000$ and 50,000$ in the next 3 years. Hodl!

In my opinion, if we follow the trend of exponential growth in the market of bitcoin's price, $500,000 is not impossible to reach in the next three years. Bitcoin is gaining popularity all over the world in every single day whether it is bad news or good news. We all have to accumulate as much bitcoin as we can right now and focus on the achievement of our goal for long term profit and hope for the best to come.

I don't think that christmas or new year has any impact on bitcoins price or bitcoins supply and demand, i don't thi k that people just starts buying bitcoins to gift them to other people as presents.

Why not? BTC was nothing in 2009-2010 because no one wants to adapt it but look at it now reaching at a ATH of $6400 which is alot and making that 500 will be possible but of course it will take years before that time.

It's all about offer and demand right? At the moment BTC grows because more people is spending their dollars and computing power to obtain them due to the integrity and security they provide, few years ago BTC was just a mean of anonymous payment, if we move to a stage where it has massive global adoption I don't see why it can't reach 50 - 100k mark. However 500k in 3 year seems impossible.

It may will happen if whole world will start using it and everybody will be using it all across the world and this will happen soon in future still a lot of work must be required to spread bitcoin knowledge and proper information to the every person in this planet and this can only be done by the promotion advertisement and satoshi and co must take decision to arrange some international level seminars so that people invests.

I do not think it's possible to hit such a high pitch, but I hope that happens, but we  can not predict in the future it may fall to $ 4000.

bitcoin to crazy levelsafter in the next three years ,  i think after three years bitcoin price will go  to $ 20000- $30000 or more than 30k.

I guess you speak the truth anon one can really predict these things on 100% scale. In the year 2020 it could be more than that or it coul dbe struggling with the regulations of different government which we will never be able to see at this movement at all.


If we have to be smart enough then the smartness would be buying as much coin as we could because its simple that we keep asking question like this to know what benefits me and you will be getting in the near future.


So yeah speculating it is really hard and also there are many more forks are about to come which can really boost the bitcoin all time high.

Everyone assumes  BTC will be the only  crypto currency  used.... no one has mentioned that BTC might  start to lose market share to other cryto currency's that are more suited for day to day commerce. BTC may become the Gold standard of crypto  in the future where other crypto are paired with. ...also assuming  that investors are only going to invest in BTC, this is not likely.  NEW Hardware promised by new Japanese Company entering the BTC hardware mining industry promising 7nn & 3nn chips to blow to current hardware manufacturers away.... SHA256 mining is coming back to GPU with PCI express cards that will be able to mine 8 -16TH at less then 500w  ETA 2018/2019  what real value will bitcoin have in 2020 is very unpredictable..... maybe $20 000 and it could just as well be $1000 :P

$500K is possible, but not in 3 years. Maybe 10 I would say.

The thing with BTC is, that it's right now still used as the main denominator when trading cryptocurrency pairs. If you want altcoins, you usually need BTC to get them. If that changes, Bitcoin could lose market share very quickly though.

One thing we all need to be very much clear about is that still there is only 1% population of the entire world who is having an awareness about bitcoin and this concept of crypto currency. Still there is a huge population who are even unaware of the word of bitcoin. Under such circumstances, it is not at all possible of bitcoin to reach up to this much market value and that in such a short period of time.

$500,000 per 1 Bitcoin. Are you kidding me?  :D... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000.

We all know this thing that there is nothing which is not possible to happen in the future. As far as my own prediction is concerned, I think that it is not at all possible for bitcoin to have this much huge market price and that too in a time spam of just three years. Still there are number of people who actually don’t know about bitcoin and it will take a very long period of time for this to happen.

You are absolutely true but don’t you think in business we have to stick with our main real time profits and losses. You can’t just go for functionary ideas and thinking’s. Better to work in practical and make your plan in practical too. There will be fine results coming in the end but that takes a long time to come. Till then, work and think practically bad we hope this can go beyond our expectations.

Maximum in 3 years is 50k$, but who knows, price might rise even more than that through next 3 years . Of course we are only predicting it, and nobody knows what will happen this far in future, but it's still silly to say that price can't go above 50k$.

Yeah absolutely can, with bitcoin's potiental for now, everything will be easily to claim the next goal , and with 3 years? 500k$ is on the reach.

$500k on 3 years time? Not possible even if we do compare on the current rally on bitcoins price as of now then it wont still really be sufficient enough to reach out that peak price since its really too much to consider.
Even talking on 20k usd would really be already hard for sure. Adoption is still on the move this is why we can still hope for more price increase compared to its current price.

Like you said the $ 500K in three years is looks like not possible i expect that it will reach about $ 20K at the end of 2020.But we can see that bitcoin is reaching new price high every day,so anything can happen in the next three years.So have hope on bitcoin then it will give you better future.So start investing today to make profits.

I think if you want to reach $ 500,000 then Bitcoin will need a bigger financial market and upcoming stock markets will list BTC and see Bitcoin as commodity and possibly future currency. Bitcoin can reach $ 1,000,000 = 1 BTC is absolutely possible

Its quite high for a prediction by 2020 but there is always possibility to become real with that trends ongoing now in the bitcoin price. If that is going to happen so many bitcoin enthusiast people will become millionaire at span of 3 years from now. Im a realistic person so my own prediction will only be a maximum 50k $ per btc by year 2020.

this year BTC bitcoin has gone up in the price of 6700 dollars and will continue to rise, but the problem supply for BTC bitcoin is limited so better we can only monitor what will happen once supply bitcoin runs out

It is true that he bitcoin is increasing and he price of the bitcoin will go more and more high because it is predicted by the people who are having the value and he information in the bitcoin, I use the bitcoin and I kn0ow when one of my friend asked to buy the bitcoin and I was not able to buy at the price of the $600 but if I look at the price of the bitcoin in the present time I really feel bad.

Bitcoin could rise to $500k but not in the coming three years. Bitcoin has so much potential which has not been achieved till now. In the coming years Bitcoin awareness, high liquidity, ease of transport and continued market outperformance as geopolitical risks mount will make Bitcoin a strong contender for investment at a consumer and investor level.
Also seeing that the remittance transfers have almost doubled over the past 15 years we can expect a sharp rise in the future which will increase its market capital.

lol, I think he just kidding. How can 1 BTC equal a half million dollars? If it reaches that peak, I think all investors in the world will waive Stock market to invest in Cryptocurrency. :v

I think that might be possible. noone can predict and past years gains were extraordinary.

I think its not possible we are seeing that bitcoin price are now 7000$+ now.We hope after the ended this year its will be  10000$ and next 2 year its will be  50000$.But bitcoin can doing anything its change few hour.

Why would they? If it reaches $500k it's unlikely to double again in any forseeable time, so there's no reason to "invest" in it. People might use it as a safe haven instead of gold at that point since volatility should be getting very low at that market size. And some will buy Bitcoin to participate in altcoin investments. But the stock market would not die unless stocks move over onto the blockchain to take out the inefficient and expensive brokers.

I do not even know what to think if Bitcoin rises in price to such a level and the reality we can see the fall of all brokerage exchanges is a comma, but this will be followed by a completely huge decline in the economy of each developed country. This is practically a disaster for the global financial system and the economy as a whole.

That would be the craziest thing ever. Despite the fact thet BTC created a revolution of it's own, it is a fact that there are many restrictions to BTC as a coin. I really hope that people are able to see the potential of some other altcoins, like IOTA.

Who cares about the traditional financial system? If stocks move onto the blockchain that's a plus for everyone. And the economy wouldn't collapse from it either, if anything it would boom due to how easy investing and starting a company would become.

It’s impossible to predict what might happen by next 2 months, so good luck to those who are predicting it by 2020. In reality, there is NO ONE (human) who have any CLUE what is going to happen, so just don’t try to do something, which is not doable! Don’t follow predictions.

There aren't enough Bitcoins to cause such a massive dollar inflation with a price of "only" 500k per BTC.

No it is impossible to happen because if you have 2 bitcoin you become millioniare what if those people have thousands of bitcoin they are now billionaire on that day. And for sure the maximum price of bitcoin maybe 30k or 50k only. But we dont know what will happen to the bitcoin price . I think the price of bitcoin in the year of 2020 is maybe it will become 20k dollars and that's big amount.

That's pretty awesome to speculate, but I don't think were into the journey of that price within three years because many holders were dumping their assets when price is getting higher. So even that $50k still cannot be obtained with that value, however if there's a possibilities that many businesses will be adopting this bitcoin currency that's not impossible in either ways that it can pump up to $500K which is very much expensive. Well, it was just predictions and the very most important idea is I am after to reality, yet bitcoin price now pumps its price unstoppable.

At 500k per Bitcoin at most 8000 people could be billionaires if they held 2000 Bitcoins each. In reality, Bitcoins are much more scattered, so that's not going to happen. But even if that wouldn't be any problem. There are tens of millions of millionaires and thousands of billionaires in the world already.

Who cares if you add a few to that, there are still going to be 7 Billion "normal" and poor people in the world.

There aren't enough Bitcoins around to make enough people rich from a 500k Bitcoin price to cause any sort of economic problems where bread would cost $100.

If that happens it would be because the federal reserve keeps crapping out too many dollars, but that's completely independent of Bitcoin and only one scenario in which the USD/BTC rate could skyrocket. It's the least likely though, at least in the next couple years.

I do agree that $500k in just 3 years is too short. But I don't think that a "galloping" US dollar inflation would be required to reach such a price. The market cap would be "only" 8 trillion with that price, which really isn't that much if you consider that Apple and Alphabet are roughly 0.8 trillion EACH. The stock market is several times that number too.

I'm with you on this assessment. $500k by 2020 seems way over the top unless we quadruple every year from now on.

Yes that’s the main thing to achieve this mile stone and this will happen in future as this price is achievable as in start of bitcoin who believe that this coin will go so high everyone was not hopeful everyone says that it will stay for 3 to 4 year but it has cleared 7 years and still progressing and so believe in it and use it to spread it and work for its popularity as 500k will be achieved that time will be golden time and profiting.

You just have a bigger pocket of yours, to manage to add up such amounts. Is it possible to believe in such a nonsense, you imagine, now many have more than one cue ball available and if this happens, then it is terrible to imagine what will happen to the world.

bitcoin is undaughterly future of all the coins. Bitcoin price is now very rapidly increasing as everyone knows the predicted price of bitcoin till the end of year has increased from 6000$ to 10000$. and this has made a great difference in the price after three years it can surely reach the price of $500k in the next three years. More and more people are joining the bitcoin community and this will make bitcoin a globally accepted currency one day.

Stop raising this to a meaningless point….the rate of $6000 took several years to accomplish, 8 years precisely. How can.you be saying that a whole $500,000 per Bitcoin can be accomplished within three years, that’s kind of madness.

Then you’re trying to say each person will $500,000 worth of Bitcoin each, bet me, just one person that will sell off will send the whole market crashing if it was to put at such rate with its current

Impossibility is nothing when it comes to bitcoin price! Who would have thought that 0.1 btc could ever be $700 plus. At this point in time  with bitcoin, I have stopped to rationalized or second guess bitcoin in terms of bitcoin prices. Wherever bitcoin leads, I'll follow.

Maybe he is right. Because you can see the growth rate now. It's about 700%/year, too high. However, to be honest, I don't believe.  :D

I would speak with full honesty here. I like bitcoin but I don’t want to give false hopes to anyone. I read some articles about the future price of bitcoin and the experts predicted it to be somewhere around 10k dollars after 6 months while a in a period of upcoming five years, it can touch 25k dollars.

500k dollars is a HUGE target. Maybe one day bitcoin will touch that but it is impossible for this or any asset to make such progress.

If Bitcoin was $500k the market cap would be in the trillions. So selling a bunch of Bitcoins would have no significant impact, because the market volatility would be far lower than it is now. At that point Bitcoin would be adequate as an actual currency too, assuming the transaction times and fees are still good enough for dealing with it.

And since you don't seem to be aware of this, groundbreaking technologies usually take a long time to reach public awareness and once they do they keep exploding until mass adoption is achieved.

that's true, no one knows the future only here the law of economics applies in see bitcoin supply stay a little to make the price become more expensive as time passes

It will always be difficult to predict the future, but at least at this precise moment $500,000 in three years seems very difficult but not impossible. In fact, the line of $100,000 would seem excessive, and as has been said, the compliance of multiple factors that the bitcoin ecosystem requires to achieve such a price still seems very far. But the current price of $7,000 also seemed like an impossible dream three years ago, so let's let bitcoin keep surprising us.

Too optimistic assumption, I do not believe in such a cost.

Apparently no one can says regarding with the fluctuation of bitcoin in the market, but $500K in three years?. I think it was a big and exaggerated speculation, because how it happen? Even how bitcoin value rapid to raising up I think it is too much. Maybe $100K it is impossible to reach on that short period of time.

Me too i also want bitcoin to reach that high so that i can sell some and make some real profit out of it.
I bought it very high 7000usd ,Donot know how long i have to wait to gain profit.
But i am very possitive about the 2x fork

I think it's just for fun. It will continue rising, I'm sure that. But $500,000 is not a real number.

There are just some predictions that even in normal ear are some kind of predictions that does not sound feasible. $500,000 is a very huge leap in just three years and I do not know the amount of development or uproar in adoption that could cause that huge value in a short time. All the above, we still cannot know yet since we have seen so many surprises in just this year alone, so anything can really happen.

500.000 for 1 BTC? It is impossible..  If BTC will rise $500k in 3 years i willl be so rich :) So i wish and pray for it..

As by seeing the progress rate it will go beyond 500k in coming three years as now some of region has accepted bitcoin but as time will pass more and more regions will accept it and this will increase the demand and more to it bitcoin will be able to expand its progress and popularity and that thing will also give boost to the price and I am seeing bitcoin as the global currency of the world and yeah it will be.

Hahahaha you are absolutely right in this regard. You must know better what is good for you when you are coming in trading. And if you are good observant then surely you must have idea that this can’t happen. Yes, hope for the best but you must be a little realistic. Bitcoin are amazing in all regards but they can’t just shoot up to such big amount in three years, no.

There is no difference between having 500k dollars for me and 1000 dollars for me. I follow Bitcoin for technology. I use it as a payment method. I also do not feel a feeling if the price is high-low.

Yes, the truth is anything is possible. It is funny how some developments or some decisions by key players can really skyrocket the value of bitcoin just like the instance that you have mentioned and the fact remains that we cannot all really know what the value of bitcoin ends up becoming.

But one thing for sure is that there is so much development in upcoming years that would bring some pretty big growth in the value of bitcoin.

i am not sure that the price will rise to $500k in three years although it is possible to increase especially if there is more adoption in many places. but one thing that I am sure with bitcoin that the price can increase more than the price now although we don't know until how much the price will increase. with many people now is trying to use bitcoin it will affect the price to increase more because supply and demand will change and the price will increase.

I think this is the right answer if a person gave a prediction like bitcoin is going to reach 15k in 2020 then no one is going to freak out since that seems like a very possible scenario but if you want to generate clicks and discussion you need to give ridiculous high or low numbers.

$500K, for 3 years, for me i think that impossible, but i hope that happen
if $500K so many people will reach

Don't really know that Bitcoin can reach to 500k$ or not but I hope so :))). But I think this amount is too big and maybe it'll take much longer to reach to that amount. In my opinion in 2020 Bitcoin only can reach to 15 - 20k$.

Bitcoin @ 15k around 2020 is very much possible. But do anyone think there will be a huge correction before that.

Yeah there are various possibility of bitcoin right now but i donot want to be that optimistic but surely it will be arround 20000usd mark by that time.
But to gain all the profits you have to hold your bitycoins ,there will be market dips we need to control our nerves at that time.

Who knows? Hm i don't think so, i checked bitcoin value and as i spected it  increased, so maybe yes, maybe no.

I think it is certainly possible for Bitcoin to reach $500k, though not in three years. If it happens it'll be more like in 10 years.

Three years it should be somewhere between $50k-$100k, probably closer to $100k.

despite what he said and how cool he is with bitcoin i really don't see how bitcoin is able to get $492k gains in 3 years. Right now people are looking at $1k gains like it is something major still and each time that happens, there is a correction.

To get to $500k is just absurd to say at the moment.

Eventually, it will happen with the depreciation of fiat naturally. But just not now.

Looks impossible if in 3 years bitcoin shot up to $500K. Because this will have a negative impact to fiat globally. Perhaps, the world's central banks will take action.

That's too much in my opinion and also absurd to think that Bitcoin will be able to reach that huge amount of value in just a short period of time. Maybe that conclusion was drawn because the rate of increase on its market value is high at this moment but we still don't know until.when will it continue. So i yhink it won't be possible in just a short period of time.

It is quite strange to hear that you do not believe in the increment of prices in the upcoming years. As far as the current situation is considered the bitcoin value is among the greatest of all possible. the price fluctuation is a common matter all we have to do on our behalf is that we should not use any  hope  and must  keep on  saving the digital currencies  so that it would benefit us in future.

As per present Bitcoin value is somewhat more than dollar 7000 and obviously it is going to increase more if the users would increase in number.

The price seems to be big to be achieved in such a short time period. In my view it has got the possibility to reach $100k, because when a single country made an entry to bitcoin legally the growth experienced is big. If the same continues with more and more countries reaching $100k won't be a big deal.

I think that would be impossible to think that its value will jump from more than 7000$ to 500k $ in just three years. That's absurd even if the rate of increase on its price is really high. Also, that would be much expensive as a currency to have that huge amount of value in the market. If this thing is possible, it would take long years to pass for this thing to happen.

This is little unrealistic at the moment, with this price to be in few years think that its little futuristic to be light on word. Dont get me wrong everybody would love to see this, including me, but to be real in this its quite impossible. Maybe it will be some good 5 digits price but to go on half mill this is unreal.

$500k is far too improbable for just 3 years. Maybe in 10 years if Bitcoin truly succeeds.
I think $100k is a good optimistic but still very possible target for 2020. something like '18 30k, '19 60k, '20 100k certainly seems possible.

Expecting too much from Bitcoins is not good atm because it is currently facing one of the most challenging days in its history and the rage is now increasing too much when the Hard Fork is becoming imminently going to take place on 16th Nov even after no such support that's needed by them. This time, it will be a decisive stance taken, not just by the community alone but the investors and miners. I believe 50k looks good and could be reached but I don't even see a 100k till 2020 because it will need superb volumes and that will not be achieved soon as many countries (including mine) are now trying to come up with their fiat-based cryptocurrencies making Bitcoin's acceptance hard.

For it to hit 500k in 2020.. bitcoin will need to hit about 50k-80k in 2018, 180k-250k in 2019 and 500k in 2020. Seems so unlikely that this will happen. But what if a few countries adopt bitcoin as the main currency in 2018 and drop the USD. There is several countries pegged or even using the USD as their official currency. We have to hit 10k+ by end 2017. So if these numbers are hit... every month from here to 2020 someone will be calling bitcoin a bubble. My opinion is that yes this is possible but unlikely. But hoping it will :)

If "a few countries" adopted Bitcoin as their main currency $500k per Bitcoin would be heavily undervalued. Unless we're talking about very tiny or undeveloped countries.

Bitcoin has been a "bubble" for as long as it existed according to random people by the way.

haha yes people who don't understand bitcoin always call it a bubble. Every time bitcoin goes up people start screaming "bubble!".  And every time they are dead wrong.

I suppose it is possible, but yeah extremely unlikely.

My most optimistic prediction would be something like $40k 2018, $90k 2019, $150k 2020.

If bitcoin has potential to be $500K moreover in next 3 years, I am sure countries with global interests and influence will not silent. They will take action, as this will affect small or poor countries.

Bitcoin will not reach 500k dollars even you wait hundreds years or forever. Because for me the possible price of bitcoin is 50k dollars and I think the percent that happen 50k is 20 percent what if 500kbdollars . I don't know why other people believe that or believe bitcoin price will reach that . Even that price is unrealistic to happen in real life. But I hope yhe price will continue to increase.

500k isn't that big of a price if you consider all the facts. You seem incapable of assessing what is realistic and what is not.

May I ask why you think 500k is too high? Do you have any logical reasoning behind your estimate?

A lot could happen in three years and looking back at how much the user base has grown over the years, probably $100k sounds more realistic than $500k which is 50 times more than the current value. If demand keeps growing who knows we might just hit the jackpot.

3 years? Bitcoin is running up so fast we all know that but hitting $500K in split period, no it is impossible to happen. We all know that raising up into $8000 dollars is hard to bitcoin now, then we predict over the capacity of crypto no way.
As I see bitcoin value were play into $10,000 only on 2020, because if the bitcoin value were fall up to $500K maybe there's no signature campaign will open and some other work was not running well.

Signature campaigns would simply play less Bitcoins to make up for the rise in price...

And $10k by 2020 seems extremely low and ignores the acceleration at which Bitcoin is adopted by the mainstream.

No. that's too much! I don't think that is possible because there no possibility on that because it doesn't make any sense.
How about bitcoin selling $50,000 in 3 years, that would better and it makes more sense. $500k in 3 years - Oh, come on! Stop dreaming.

If i consider the volatility and growth rate butcoin may go to 100000$.
And also taking the factor that block rewards will be half.
But bitcoin price to 500000$ in 2020 is pretty much impossible.

%0.000001 chance to hit 500k in three years. But there is %10 chance to hit 100k in next three years. And i will bet on %10 and hodl my coins

Oh I think it is too early speculation for bitcoin. Yes we all know that bitcoin has a potential to reach that amount.
For me I think the best things that we can do is too wait and believe that someday bitcoin will be that sucessful in the future.

That's really hard to tell. But it seems to be not possible to happen within just 3 years of time. Although the rate of increase on its value is already at this moment, the problem is we don't know until when will it maintain a rate as high as this. In my opinom it will achieve a market value of 20000$ 3 years from now and I think, it is mor realistic and quite possible to happen than to reach 500000$ on the given period.

I just predict that bitcoin prices in the next 3 years will be around $ 15000. I think, the $ 500k price is too high for 1 bitcoin. even when bitcoin is in need, I do not think the price will go that high within 3 years.

Too difficult to predict, btc price depends on users hypes on what current evwnts btc have to do like when segwits announced and says that we can have free botcoin gold, all of sidden traders buy huge amount of btc to save and to get some freebie, now the swgwots were canceled some were pull it out,thats why the price just keep on this amount as pf rhis moment, will know soon if there is a possibility.

Unless I'm imagining it it was actually John McAfee's wife who tweeted that when he was out and then I guess he took ownership of it when the publicity rolled in.

I think it is not possible. We can predict anything but all our prediction is not correct. $500k is not a little price. Bitcoin is more strong crypto in the crypto world but reaching $500k for Bitcoin is so hard in three year. It can be reached on $30k.

It is a pretty small price if you consider the sizes of the stock market and currencies in general.

if Bitcoin is advertised by such conversations, then when people hear forecasts about 500,000 dollars for Bitcoin, then the popularity of the crypto currency will increase so much that in reality demand can revive such a price.

There are many use cases that make Bitcoin superior to existing markets, which could raise the price to such levels without people even seeing those types of forecasts.

At least there is chance right?  :D As long as bitcoin will hit $10,000 for the next year and even higher for the consecutive years that does matter to me. I'm good already with bitcoin at $10,000 and I'm not going to expect more so if the price gets higher and reaches beyond $10,000 that's a jackpot for me. And if the price didn't reached more than $10,000 and that won't hurt me well either.

Just be careful with Bitcoin forking left and right. It might end up dropping instead of rising depending on how things play out. I doubt it will, but it's always best to be prepared for the worst.

In my opinion, this very well could happen. But, bitcoin must be adopted by one of the big online retailers. Without it, btc is just pure speculation with very little real world application. The price is too heavily inflated by speculative holders.

If and when amazon/eBay or similar adopt btc, then we will see huge growth.

Bitcoin can also just simply be used as an investment only currency. If it was the denominator of the altcoin market, just like fiat is the denominator for stocks, it would easily grow beyond 100k just based off of that alone.

Expect those forks will come but for now let's assume a good guess for the dip that's happening right now. Preparation will make us ready on whatever will happen and I'm into it, I'm not saying that I can take if the price of bitcoin will be dipping too much but I'm more prepared of it's rise. Let's don't think that way but let's prepare for the best not for worst.

Nah, always prepare for the worst. That way nothing will ever stop you. If the best happens that's great, but you're still prepared for when it doesn't.

Yes bitcoin most use as investment because more users see its chance of the price to grow and more likely everyone can easily get profit. This is also the reasons why many adopts its use so moreover bitcoin will rise high.

Bitcoin is a fast growing investment.
And BTC proved it many times.
It can grow 30% of its current value in two months especially it there is a huge demand of bitcoin in the market.
But $500,000 in August 2020?
I think it quiet big and hard for bitcoin to reach despite its a fast growing investment.

even you wait few years or 1 decade for sure bitcoin will not reach 500, 000 dollars . Bitcoin for sure will increase more in the future and it will become successful because for sure many investor will invesy to this coin.

I'm optimistic when it comes to the bitcoin speculation I don't want to hurt myself and I don't want to expect too much too. But you have the point, most of us should always prepare for the worst but if I'm not expecting anything like that on this time. We've been through a lot of increases and even $1,000 before does fit us already and now we are going through a lot of dips and as well as pumps.

if you happen that very luck with the holder of it. if you happen again this large can help its community possible smaller the population of poor if now just hide that they Bitcoin. but just one this rumor.

Yes but then bitcoin becomes the Ponzi scheme most people are afraid it is. If it only grows because new people are investing in btc, which benefits the earlier investors, that is the clear definition of a ponzi/pyramid scheme.

I really think that to take it to the next level, it’s needs to be wifey accepted. And I don’t mean with small, niche retailers. A western organisation/retailer needs to get on board, and in my opinion this needs to be done in the next 12 months. I think after that, unless there is a real and fundamental change, people will start to doubt bitcoin.

yeah agree,  500,000$ dollars in three years is pretty high and seems impossible for bitcoin to achieve that price and as you see based on its price history since 2009 till today 2017 the bitcoins value arent go overboard on its 8 years of existence though we see a really high price jump last week. overall i believe that bitcoin can still pump to 10,000 dollars going to 15,000 dollars by the next year.

depand on bitcoin's price in 2014 , the price only 500-600$ but look at now , 6000+ 7000+$ , so how do you think impossible?

impossible is nothing as nike said , we are all looking forward .

Bitcoin went from roughly $500 to more than $7000 in 3 years and it could go up 10x or 20x from $7000 in next 3 years. I do not think $500,000 but $100,000 ok.

I mean that's only 10x in 3 years in your example so 100x in the next 3 years already seems unlikely, especially given the fact that bitcoin cannot grow exponentially, one would assume that over time the growth would slow down so I think that 500k in 3 years time is really much too far.

There's nothing in my statement that makes Bitcoin in any way or form a ponzi scheme. By your definition of a ponzi literally the whole human economy is nothing more than a ponzi scheme.

Did you already ask yourself about the opposite? Bitcoin can also fall down to 500$ till August 2020

It's still too volatile.

I dont know why other people expecting to much with bitcoin . Because bitcoin will not reach 500k dollars even you will wait forever . I think the highest price of this coin is only 50k dollars and that happen after few many years or maybe 1 decade. So its better to buy bitcoin now with your extra money only.

agree that speculation is too much , it was really impossible to happen because transaction fees will be very very expensive , maybe even a faucets can't afford to have a payout because of the fees. 50k is very reasonable and that's what I am waiting for before I could sell my coins !

Fees won't be an issue in the long haul because of upgrades. And $500k isn't really that much for Bitcoin once crypto starts approaching its true potential. If you believe $500k is "too much" or "impossible" you don't understand crypto.

How can bitcoin reach $500k in three years? Bitcoin will continue to increase but not in a short time to reach $500k, all need a process to get satisfactory results. My prediction in three years bitcoin will reach $50k.

If they would find a way to make it happen then the Big companies like Macfee have the capabilities to do so. But only in that way right now it's not yet within reached because the price of bitcoin is playing around 6,000 US dollars so if we make a gap analysis if it's achievable within 3 years for the price of bitcoin to go about as high as 500,000 US dollars is not yet there due to lot of factors to consider like the government are not accepting bitcoin as currency of the country although they are letting it be. Also many people are not yet aware of bitcoin yet. But regardless if this comes to happen then it will be a bonus for all of us waiting to sell bitcoin at a high price.

Well, despite the fact that I do believe that by this time 2020 bitcoin will increase in value and market capitalisation, I don't believe it will ever reach $500,000 by 2020 and not even in five years to come. I think that the prediction or speculation is too high that the probability of bitcoin reaching that is almost zero or may not be achieve by 2020.

I do not think so. Price is already high compared to what it used to be, but to be even higher, it will take time. By 2020 my forecast of the day is about 25 000$, not more. That is the level of certainity. It could go higher, and probably will, but as of today, any price prediction above this is just a random number thrown in the discussion.

That's ridiculous. There are many things that could happen and I think bitcoin will have a difficult pathway just to reach $100k first.

That is true, but I think it is possible. It would take a whole lot of effort for bitcoins to even reach beyond $10,000 but I think once it reaches $100,000 then it would just grow exponentially to reach $500,000 in just a shorter time frame than it took to reach $100,000. Like how bitcoin prices grew from $800 just this year, it has already exponentially grew from that price. At the start of the year, I was even skeptical if ever it would reach $2,000. But bitcoins defeated all expectations!

A lot lot lot lot of money will be needed to be pumped into it to make it reach $500K. Though by some chance if it reaches there, just imagine the market cap of the cryptos. As with rise in value of btc, the altcoins will rise too. This amount of money can only be pumped if the government starts supporting it and doesn't give cryptos a bad name like it is right now giving. Banks will also play a major part in bringing it up to this level. Also, the tx fee will be needed to be lowered and we'll again need some hard forks and major changes in the code. So, there is a long long way to go and 3 years is a short time for so much change.

in my opinion, too, at the present price only bitcoin including the most expensive currency in the world, how can 500k is a spectacular figure for its achievement, even in the future such a skyrocketing price will at least last long.

I feel it will be very difficult. see, how difficult bitcoin prices go up for now. if not pushed with segwit, or something like that, bitcoin price will be difficult to pump high. we can not guess the bitcoin, but the $ 500k price in three years is very difficult.

Not hard if the Bitcoin miner community really want to help Bitcoin can grow more in future.
Honestly, cancel the hardfork in this month is because the Bitcoin miner can not have an unity to decide the future of Bitcoin.

Exaggerated speculations, just because someone told that bitcoin can rise up to $500,000 and will eat up his organ in national TV? That's a dare for him but I don't think he's even sure what's saying.

---

Some says that this is possible, I'm not closing the door of possibilities that this may happen but still I'm not going to believe unless I'm seeing a light of it.

Yes, however things grow as well have some pumping factors or incidents similar to halving and all, we cannot expect the price to reach such a big price. That too in just three years time is very difficult to be achieved. May be if more than 50 countries get into bitcoin same as Japan it is achievable.

That would be quite interesting to look at cryptoworld, if more than $8 trillion dollars would be just in bitcoins. Surely, it won't achieve these heights in three years. Only if btc will overcome fiat in every sphere of life.

$500k is way too much for next three years. But checking the history, no one expected that bitcoin will reached the $7000 value this year right? Who knows? Lets just wait and see.

Even a number like 100k seems very high, bitcoin is a great technology but to reach those numbers we'll need more money than the enthusiast of bitcoin can bring, we will need the money of big businesses and even the money of governments and I don’t think bitcoin is ready for such a major investment.

It is possible because its already the best coin in the world and its unstable this means that bitcoin can get really high in the future. I think it will go to 50k in the future.

If its at 50k This will the most expensive coin in the history no more ordinary people can buy it anymore.

They can just buy fractions of it.

50k possible but to be 500k that is little impossible. Realistic is to price comes close to maybe this 50k you mentioned in 3 years time but it would be very absurd to see this 500k price.

That is really what I can see too and $50,000 is not really something small if we really take a look at it. But like you said, who knows? Any development can come up that can cause a boom and a surge in the value of bitcoin eventually. The surprises abound and we just have to keep on seeing how we can maximize the benefits it brings. If it gets to 500k, all good, and if it does not, at least we know we are still progressing.

That isn't possible to reach that rise because of the ongoing problem of the hard fork, and if this really will happen I guess its expected that many investors will also dump due to profitable price. Bitcoin will be so expensive this time and everybody's mindset is profit in an instant, so they never mind holding anymore and all what they will prefer is day trades of bitcoin and not long term investments.

Yes that's practically not possible at all in three it might take more years but before that bitcoin should be recognized and globally accepted the most reputed digital currency and thee should be stability in the value of it which will make it more reliable for daily use as a replacement of fiat currency and i hope it happens sooner.

Yes agree, although anything can happen but we have to think that is realistic, if 3 years can reach $ 500k, of course at this time bitcoin price should be $ 50k, the highest estimate bitcoin price 3 years away is $ 75k.

Wow. That's a huge amount of value especially for a currency. But i think it is really impossible knowing thatbits value at this moment is below 7000$ and to think that within just three years it will increase and reach up to 500k, it would be insane . I do believe that its market value will be more expensive in the future but not as that expensive.

We cannot say forever bro! Because no one knows how far and how huge bitcoin is going to end up growing in the future. However, it is best we only stick with the present value we have at the moment and look forward to seeing it grow more than it is and being realistic at the same time. This same thing you said now, I remember someone saying similar thing in 2010/2011 that the highest value bitcoin can ever have would be $15 and then we can all see where we are presently.

No one could have thought at the beginning of this year that bitcoin would rise up from above $900 and currently trading at about 6k plus. We really do not know how that growth is going to come in the next few years, either it is going to even be more rapid than this or not, we just have to keep watching.

Based on few technical analysis I am expecting $100 by end of 2018. From this when we are projecting for the period of 2019 and 2020 then we may all get surprises but all will be possible given that there will be no negative news in massive levels within entire bitcoin ecosystem.

That's only half of the picture, the demand side. The other half, the supply side, existing holders/miners can drive the prices sky high simply by not selling.

On what basis do you think $50k is realistic but $500k is absurd? Do you have any data or hypothesis to back up your claim?

Very soon, I am sure the scaling issue will be resolves and if the Lightening Network ends up working as mentioned, then we will definitely end up having greater moments using bitcoin in real life than we can ever imagine which would even make the usage of bitcoin more interesting and hence create more adoption for its usage.

These are some of the things we have to keep experiencing right now being early players, but a time would come when it would pay us all.

Stop deceiving yourself bro, cause that is something that can never happen unless some negative news that really ended up having a huge effect on the market happens, it is not something that will ever occur. In as much as bitcoin is volatile, there are some ridiculous amounts in value that cannot be expected which the value is going down to $500 this year or to $500000 is obviously not realistic.

I think it is quite high for the bitcoin to reach that amount in just three years. As of now the value of bitcoin is 7,400 USD. So it means that bitcoin needs to improve itself 492,000 dollars in 3 years. I think it is impossible. Because maybe by that time investor my not afford how high bitcoin is.

That’s very high amount and you are right it take 8 to 10 years for bitcoin to reach at 500k and I am sure that I fall regions accepts this coin now and more people invest into it then there may will be possibility of touching this value because still there are a lot of people and regions who are not aware of bitcoin and they think that there is not anything like that so we have to wait for their acceptance to achieve 500k.

$500,000 looks very unrealistic right now. If BTC reaches that much, then the total market cap of it will be close to $10 trillion, which is even more than the market cap of gold.

Because from $1 Trillion to $10 Trillions there is $9 Trillions difference, and that is a lots of value.  A lot of value.

you're right, that's an unreasonable price for now. thinking about bitcoin prices to $ 100k is still very difficult, especially if the price reaches $ 500k within 3 years. I think that's something impossible

$50k in 2 years
$100k in 3-4 years
$500k in 10 years???


I think $500k is possible, though not in 2020. I think most likely Bitcoin will end up somewhere between $100k and $500k and probably won't actually hit $500k.

I do not know how or where you base your computation/prediction but I believe it will not touch $50k in 3 years time.  It will need a huge audience and huge capitalization in order to get in that price and as we can observe, Bitcoin is somehow slow on getting into $10k plus.  Even though Bitcoin is rallying today, who know it might be a bull Trap though I hope it is not.

Bitcoin is definitely on the rise these days and has proved , once again ,  his capability of healing from any down run that he had to take after each hard fork or threatening crypto that submerged to the surface of this highly  competitive field . Yet being realistic is a must whenever we are speculating about such volatile currency who clearly can be affected by lots of causes including a financial decision in a country where that particular currency is highly traded  , and the unpredictable choices or decisions that the holders take whenever there's something fishy going on . So to be as enthusiastic as possible , i'd rather say bitcoin can hit up to 25k dollars in 3 years , but nothing more .

What an enormous increase! $500k seems a little bit over the top I suppose. If bitcoin does increases value by almost 10-30% every month then $500k by 2020 is not happening. Unless major corporation adopts it and disrupts the market creating a void wherein it can reach the said pricing. For me $500k by 2020 is just plain wishful thinking.

Don't know how you are saying slow getting to $10k...it's been racing from $1k to $10k this year and will very likely attain $10k next month. Is 10x growth in one year slow???

"It will need a huge audience and huge capitalization"...yeah, and what do you think has been happening to Bitcoin this past year? It's called exponential growth. Even if Bitcoin were to only grow linearly, which it obviously will not, that'd still put it close to $40k in 3 years. And that's with linear growth, so that is way lower than what Bitcoin growth will actually be, because Bitcoin has never grown at a linear rate.

My computations are based on the rate of growth slowing down a lot after this year as naturally it will as the market cap grow and it gets harder to move. The price will likely hit $10k this year, that's 900% growth. If we assume a major slowdown to 200% growth in 2018 that gives us $30k, and then slowing down to under 100% growth in the following years puts it at about $50k in 2019 and $100k within two years after that. And honestly the growth could very well be much quicker than this. I wouldn't at all be surprised to see >$30k, >$60k, >$100k these next three years.


As for the reasons why it's pretty obvious to me that this will happen:

- Futures contracts are supposed to start next month, people on wall street are all saying this will serve as the "all ok" for institutional investors to start jumping into Bitcoin. Hedge funds will start directly investing in Bitcoin, as one $100 billion UK hedge fund has already said they will do once they see futures implemented, and Goldman Sachs CEO has also recently said he is considering it. Eventually they will all jump on board. Hedge fund participation alone might raise the price by tens of thousands of dollars over the next few years. Then there are also ETFs which allow your average non-rich investor to invest in Bitcoin as part of this standard financial vehicle, so that'll bring in a lot of normal people who invest their money but only trust standard financial instruments for their investments. ETFs alone could also raise the price by 5 digits.

- Bitcoin integration in popular payment apps. This just began yesterday with Square. No doubt in the next year or two Venmo and Paypal and other will follow suit in order to compete. This means that suddenly millions more people can buy bitcoin directly from the mainstream payment apps that they already use, rather than having to research how to get Bitcoin and what its all about. This normalizes it a lot. Not to mention Coinbase has pretty much been the only good fast easy way to buy Bitcoin up until this point, so have a whole industry of tech companies offering Bitcoin buy/sell services rather than just one company will grow Bitcoin adoption a lot. Also another huge boost to Bitcoin will come from when Square has Bitcoin fully integrated and they allow payments through it, hundreds of thousands of shops who use Square's point of sale system will automatically be able to start taking Bitcoin as payment.

-User adoption is growing as word is spreading and so organic user growth will continue to grow at an ever expanding rate for years to come. This alone will raise the price by tens of thousands of dollars the next few years.

-Amazon Bitcoin payments. This will absolutely happen within the next three years I believe and it will be huge for legitimizing Bitcoin as a major player for payments online.

-Governments are starting to realize the need to write Bitcoin into the legal framework of the economy by enacting regulations for Bitcoin. This legitimizes it in a legal sense and will make many people more comfortable with the idea of buying Bitcoin.


The only question is can bitcoin development innovate enough to keep up with demand! So far they are kind of failing to keep up with demand, but if they can succeed in the long run there's no reason why Bitcoin can't be 6 digits in under 5 years.

Exaggerated thinking, even bitcoin is the most popular crypto currency in digital world I know that it's hard for them to reach $500k in 3years. Maybe it happen after 10decades, do you think that bitcoin have no competitors? When days come past bitcoin are increasing the numbers of competition in the market. That's why it's hard to bitcoin  to increase their value in the market rapidly.

Little to optimistic on this, Im not saying that this would be bad, it would be good but realistically this is little to big for this price to be in 3 years from now. Maybe we will see 5 digits price in that time but to be real not think that half of million would be the price. But think that price will go up, maybe in range 100-200k but thins price also is little bigger then im think it will be by that time.

Impossible. Just try to think of this, butcoin had some difficulties just to reach a market value of 8000USD, so what more with a value as high as 500 000 USD within just three years? I do believe that the market value of Bitcoin will be more expensive in the future than now but it really seem to be absurd for its value to rise to 500k USD in just a short period of time. Indeed, the rate of increase at this moment is high but Bitcoin is still volatile.

Faucets can never last and it is obvious most of them are already failing presently looking at the situation of things except for some who has been in the game for a very long time like freebitco.in and some other integrated gambling sites which still somehow gives some users some good profit on what they have in their wallet and some little from faucets.

Everything sure is all speculation but we cannot but think of the possible surprises bitcoin can bring with it.

People see a few coins gaining x10-1000 and think that's the norm. It's so painfully obvious that the majority doesn't understand finance or how value is created... which is how the dot com bubble and similar scenarios panned out. I keep trying to warn people, hopefully one or two will actually sit back and start analyzing the market instead of following trends they don't even understand.

I don't think that its possible to achieve that high price in next 3 years as we are still at $8k which is also a good price to hold but we need to be more realistic instead of dreaming with open eyes and it will take huge time gap even to achieve the price of $20k or higher and expecting $500k at this stage doesn't make any sense and rather then dreaming blindly its good to go with a flow and be happy with whatever price we see in coming days.

I can only see it get to that price if Bitcoin truly is "a gift from God" and mainstream adoption happens on such a level that within 3 years everything can be done via Bitcoin. Otherwise it's way too high for 3 years.

What we can do is just make speculations based on the market and predict the price to some extent. Here too correlation takes place and very rarely gets coincidence. The entire functionality and growth is uncertain, it's our goodness to expect growth and work for it, rest happens from the decentralized network.

That's really hard to tell. But it seems to be not possible to happen within just 3 years of time. Although the rate of increase on its value is already at this moment, the problem is we don't know until when will it maintain a rate as high as this. In my opinom it will achieve a market value of 20000$ 3 years from now and I think, it is mor realistic and quite possible to happen than to reach 500000$ on the given period.

in very long future yes but three years can’t add all this value of bitcoin and if this happen bitcoin will end (full block size transaction fee )

Yeah 500k is bit much value to be achieved in three years but in 5 to 6 year this may be possible because still there are a lot of region who are not aware of the blessing of this coin and many people on planet are still wanting to get knowledge about btc to start earning in this coin more advertisement is required to get the maximum investor concern into btc and then this price will be easy to get, it is possible to achieve.

its x60, many altcoins did it this year, maybe we can do it in 3 years (x6x5x2 or similar)

Nope but it still depends, in my opinion in three years bitcoin will rise in $30000 only well it is only my point of view. However, $500k is a bit too much on the given period of time. So my point is bitcoin will spike at $30k in three years.

I'm optimistic when it comes to the bitcoin speculation I don't want to hurt myself and I don't want to expect too much too. But you have the point, most of us should always prepare for the worst but if I'm not expecting anything like that on this time. We've been through a lot of increases and even $1,000 before does fit us already and now we are going through a lot of dips and as well as pumps.

Altcoins that went x60 usually had very low market caps, which made it much easier for them to catch up to the top 100 cryptos and thus increase by so much in a short time.

Bitcoin always do things beyond expectation. For 3 years? This is completely possible, we wait and see. Everything is in progress.

If it went x8 two more years in a row we'd already break the $500k per BTC. Doubt it'll happen so quickly, but it's definitely not impossible considering the snowball effect.

Did they really say this? Pretty optimistic but I don't see that happening. THere will be huge gains for sure tho.

After this week, or even this past month and a half ($6k to $19k peak!) no one should ever underestimate Bitcoin!


But yeah $500k is a bit crazy for three years. $500k requires mass adoption on the global scale. While that might happen in a decade, it seems very unlikely in just three years.

Before that happens we need LN to go live and actual work and be simple and safe to use. We need this fear of Bitcoin being banned by governments to go away, and the best way for that to happen is governments enact (fair) regulations around Bitcoin which legitimizes it and takes away the fear of bans. We need the average person to stop seeing the word bubble and tulips and other crap like that every time they read an article about Bitcoin, because that scares plenty of people away. We need safer exchanges so the people that actually set the price (by trading on exchanges) don't fear hacks. We need Amazon to start accepting Bitcoin. We need Bitcoin to be an easy and accepted way to pay for things in person at brick and mortar stores as well.

Some of those things should happen in the next three years. And I do think the price will definitely be over $100k in three years, but $500k seems like a stretch.

Some of these things can certainly happen and probably will but it will probably take all of them happening for bitcoin to have a shot at 500k. I agree we will probably see it over 100k but again that 500k is probably a stretch, that said, one big win for bitcoin could shoot the price up by 5x its value or more in the space of a few days, we just can't know for sure.

I think this value is little bit over exaggerated for now, 3 years is a long time. One cannot speculate clearly  that what will happen in the coming days before the New Year, then how can be so sure about $500k in 3 years. I totally agree with the potential of Bitcoin and its rising demand but the opening months of next year can also push down the Bitcoin making it more stable. Hence, there is long time fore 3 years and one should speculate for the coming 6 months rather going for so long.

Its unpredictable. We just now reached two degits  thousands. We have only three more years. Is there a possibility for bitcoin reach $485K ? If this happens, only the bitcoin holders and investors would be the richesr man other than the top business men in the market. This growth will affect all other altcoins as well. By 2020, like bitcoin now, we would be having many altcoins reach $10K plus.

Demand for Bitcoin is increasing due to which a tremendous growth has been in it's price .It is still rising at a very fast rate and it surely has a bright future but $500K is way too much.So I don't think that it is possible for Bitcoin to reach $500K in three years .

Definitely yes...

This Hedge Fund Manager Just Said Bitcoin $400,000 Is Easy

https://bitconnect.co/bitcoin-news/785/this-hedge-fund-manager-just-said-bitcoin-400000-is-easy/

$500k is too much for a single bitcoin. It may reach that amount if bitcoin will be used by all the people around the world but in three years? I don't think it will jump that high from $15k even $50k will be good if bitcoin reaches that price in three years. 

We went from 1k to 24k in just over 11 months. That's x24. From the current 15~16k it's only about another 30x, which in 3 years could easily be doable if nothing major happens.

guys, when you call such figures for Bitcoin, then I have goose bumps. I do not know what to do with my coins to date or sell or wait further.

I think this is nothing but a shot in the sky, noone can predict something when its so many variables in the equation, this is just a poking the finger in a number, nothing more.

That depends on your personal situation, your personal life goals, and the amount of risk you are willing to take. Get a sheet of paper and calculate some scenarios through to get a feeling for what is possible. And then decide from there.

There is opportunity  for bitcoin toward $500K if based on previous history. However, 3 years is too fast. And if that happens, I think banks or governments need to consider existence of bitcoin as another option than currency that has been in circulation.

I don't think anybody will really give a shit about banks once Bitcoin is that large. Unless they offer really good conditions.

Bitcoin prices are just matter of time and all this will be possible only of whole world will start using this coin and sooner or late bitcoin will be at this price but it required a lot of thing like acceptance to the every region ad investor from all across the world and huge no of people hold and buy at the same time and if this happen yesterday 500k will come tomorrow so wait and till then buy and sell at lower profits.

well its 4 yrs since this was posted and we just about 60K for BTC (USD) maybe we will see 100K bitcoin this year or next year... 500k BTC could very well be 2024-2025