Bitcoin Forum

Bitcoin has turned to be one of the happening investment commodities of all time. We so far haven’t seen any such commodity with much price fluctuations yet gain immense traction. A decade ago, you could really have purchased a bunch of Bitcoins for not more than a dollar. But now? One Bitcoin costs around 9, 000 US dollars. Still, there are people who are worried that Bitcoin’s price has reached its peak and investing now would be losing thousands of dollars. Sorry, I completely disagree.

Wondering I disagree? Well, digging deeper and deeper only shows that the Bitcoin is just started to pick up its steam and will reach a value in the future that you can never ever imagine of.

Please, I’m not the only one who is arguing that Bitcoin price will rise significantly over the years. If were to randomly choose a year in the future, then I would say that by 2020, one Bitcoin price would be somewhere between $35, 000 to $45, 000. You think I’m being too much generous? Honestly, the current available predictions say that these numbers appear to be on the cautious side. Various respected cryptocurrency consultants are predicting that Bitcoin will hit $50, 000 by the year 2020, a reasonable prediction. For further information about the future of Bitcoins please read the bitssa blog post. Link: https://blog.bitssa.com/the-future-of-bitcoin-prices/

Everybody keeps saying that the price will increase at this or that date, but nobody really knows for sure, there's no point estimating any month, or even year that the bull season will return because its simply random. Bitcoin has had entire years where it hasn't even increased in value much, so it's not unusual for it to happen again considering that BTC and alts had such an insane 2017. Crazy increases can't happen repeatedly.

As every one hopes for more profit from bitcoin in the same line every one wants that value of bitcoin raise and their profit raise, world is optimist and always look for betterment of self so in this way people always think for the good and for better future of bitcoin also.

Right, too selfish if we still think that the price of bitcoin will rise at the end of the year, now everything is different, the price of bitcoin is normal as before and the price of bitcoin is currently high. if you still want to be in the world of crypto you should trade bitcoin every day, don't just think about getting multiple profits in the crypto world

Bitcoin price now is 7k usd per bitcoin. Let's just hope that history will repeat itself and goes higher. I think that when ber month hits the price of bitcoin will be higher and higher, but for now let's just wait until december and be prepared for the price of it.

No one can say what the future holds for bitcoin. Perhaps it will rise up again, perhaps it will not and we will see the end of it soon. But I am staying positive and say that the market will come back up. As to when exactly, we never know, but I also know that this was not the first time that it has happened so I am keeping the faith.

I really want to hope that bitcoin will get to the price of ten thousand dollars and there to gain a foothold for a long time. He doesn't need more I think. If there is more, it will be overestimated and again all of us will live as on a time bomb. Let him stay at 10K and all will be well.

Its not bad to expect, but dont expect too much. Its just for you to cheer up and dont get affected by whats happening on the bitcoin industry. Just buy when the price is at low price and then hold it until the increase. Who knows maybe later just like last year, before the year ends the price of bitcoin fluctuates and reach its peak again. Its better to try than not, because this might help you to success, and if you failed then try and try again. There is no limit, its free to try again and again until you succeed.

op.
fail 1.
no point copy and pasting blog posts from 3 months ago. you wont earn merit from others words most stuff is out of date by the time its blogged ($9k btc for instance, is not todays price)


anyway lets look at the fails of the blogger

fail 2 "commodity"

a commodity is a raw material used to create other products
gold=electronics/jwellery
oil=fuel/plastic
wheat=bread/cereal

bitcoin is an ASSET class currency not a commodity class currency.

fail 3. bitcoin wasnt in existance a decade ago.. it was first circulated january 2009 but it was about 8 years ago before bitcoin had a "value" (mid 2010's pizza event)

fail 4. the blogger has shown no mathematical, logical, rational thinking around the exact number he chose.
he might as well wrote some numbers on scraps of paper, put them in a hat and done a lucky dip

Bitcoin has been recognized as currency in many countries and as of today it’s the most liquid & widely accepted cryptocurrency in the world. And by far it is the most popular cryptocurrency in the world. And with these fast growing technologies I have no doubt the bitcoin and other altcoins future is bright because of the efficiency and real time transactions.

From where did you got this bitcoin price of 9,000 dollars as when I checked,its showing only 7,000 dollars.
By 2020,d ue to halving bitcoin's price would surely increase but not sure about 50,000 dollars price.

It is my opinion that with this technology world, there will be a great deal of encounter for Bitcoin in the near future. So all people in this new world begin to lose their physical substance, and I think that a bit of a future for people in Bitcoin.

It is difficult to ensure the future of bitcoin, because the market is constantly changing and conditions of prices are uncertain. For 2020, I still doubt that the price of bitcoin reaches 50k, it is too high and it will be difficult to achieve such high jumps.

If the physical substance fall down as you said, we will be able to find the digital currencies only to be replaced this world from using the fiat cash and ruling power of secret society families. We are saying this world is some safer and independent from using the bitcoin.

Really do not need the good why many newbies getting wrong assumption about the cryptocurrencies when they are looking it in the bearish market time especially.

I believe in the potential of bitcoin and it capacity to reach the price you stated but we should also remember the volatility of the market which will not allow us to make accurate prediction about the price of bitcoin in the future because demands is what control everything in bitcoin when it comes to price. But I still disagree with the exactions that bitcoin have reached it peak.

these sums seem to me to be very exaggerated. after the rise last year, everyone went into big anticipation. this is not the right attitude.

In the future, bitcoin will be the world's main currency. And at the same time the most expensive.

Being positive is good but we should also be practical. There's nothing wrong expect the market will rise and even surpass last year record. However, expectation has to have a foundation or reason. You guys keep taking about positive prospect but show no reason, making me find it hard to believe.

What can ensure that the materials you used is right? How can you prove your research is exact? Everything is just prediction and very vague. At heart, I do hope the scenario you draw will come true but I fail to believe it.

It is difficult to predict the price of cryptocurrency. A lot of people thought that it will be 20k or 50k this mid-year but we are extremely sad watching the fall of market so we should just be patient

Bitcoin is a growing currency and it has the potential to. Lead the world economy. Day by day bitcoin price increase and this thing attract many people to use it. It is a perfect asset for investment. And many big multinational companies start accepting bitcoin for various purposes and projects this thing help bitcoin to grow its market value and popularity. And this thing also secure its future. Many people choose bitcoin for online shopping, trading instead of real currency because of its secure and fast transaction. Many people use it as a money transaction tool instead of bank and these things safe its future.

Of course nobody can say that for sure but I will be voting for the bright and positive future for bitcoin and cryptocurrency in general, because this is still a good idea to use something like that.

We all don't know what will be the future of bitcoin,all we need to do is wait what will happen in the future,all we want is to repeat or even surpass the price of bitcoin last year.Just collect bitcoins and altcoins and wait until it become profitable.

I think that the future of btc is the best one because it is by right can be considered the best crypto now, despite the fact that now the market is green. to my mind, it is better to hold coins now

I think there lots of potentials that are yet to be unlocked, we should continue holding up and believing in bitcoin while we watch it unravel.

I think OP's prediction maybe too advance for now regarding the btc market price in 2020. However,  I would  have to agree since btc had proven in the last Q4 of 2017 that it has the  capacity to reach unexpected heights and as per assumption this could somehow be achievable by then. Btc will  be more valuable than any other existing fiat and altcoins in the future.

We need to believe on this technology so we can see bitcoin on the bright spot in the future. I know the risk of this market but I will still choose to hold on my bitcoin because we will survive and we will strive for the best in the future. The future is still positive with bitcoin, more regulations will happen and people will come to invest.

I remember two years ago when I first started trading. I was overwhelmed with the information out. So, here is the universal guide for all beginners that is proven to work time and time again. I highly suggest to study risk management, which will be a blog I'll touch briefly on soon.

keeps saying that the price will increase at this or that date, but nobody really knows for sure, there's no point estimating any month, or even year that the bull season will return because its simply random...bitcoin has had entire years where it hasn't even increased in value much, so it's not unusual for it to happen again considering that BTC and alts had such an insane,increases can't happen repeatedly....

Bitcoin is now the best investment tool and if we invest in this crypto then the future holding is beneficial and if the price rise then naturally an event occur then the price fall automatically which is the big barrier in the way of bitcoin value and the big whales control the market through this way.

all can happen because all can not know for sure the future price and development of bitcoin is the most important of our beliefs and patience and take advantage of the opportunities we get to make a profit

Digital currencies will change the currency monopoly by a country's government, just as the internet changes monopolistic practices in the telephone industry and thousands of digital currency companies will be created and will go public, but only a few can succeed.

Sorry, if you say we are too selfish you might be wrong because some people here just show their optimism for the price of Bitcoin. and for me it's natural!


I agree with you, and hopefully in the future we all invest with a healthy mind, because with a healthy mind we will be able to change the world!

Blockchain is changing the technology world. and bitcoin is becoming more widely accepted. No one knows what the future will be like. Prices will rise or fall by 2020. But I believe the distant future bitcoin will be the popular currency used and the bitcoin will be the revolution on human currency.

There have been many predictions about bitcoin price in the future and some of them are ridiculously high and might never happen after all. The price of the bitcoin will continue to depend on market demand and the so called whales. I believe bitcoin can still go up beyond its recorded all-time high last year but nobody when will that happen. Every year bitcoin has a different kind of growth target so don't expect any growth that is similar to 2017.

The adaption will get bigger with time, of course during times like this last December there was a lot more people involved but after it drop we still have more people invested and interested in bitcoin than what it was before it like last summer.

Hence, we still have more people than what we started out, we need a lot more people and a lot easier options to use bitcoin for payments to get it bigger but its on the right path if you ask me. So for the future I believe bitcoin will still be an investment option for many people but it will also start being a payment option as well with the surge of mobile payments and we will see it going bigger and bigger with that.

The future ahead of bitcoin has a lot of possibilities but also a lot of challenges, governments have realized that bitcoin is going to be a stronger opponent than they thought, and it's very likely that at some point a war against bitcoin holders is going to be declared, at that point you will need to be very careful to not attract attention of the government but after some time I think they're going to realize that they are going to lose that war and they are going to finally accept bitcoin.

Bitcoins does have a bright future because there are a lot of people today who are interested on cryptocurrency which will make the price to increase even more due to demand.

Yes, it is true that Bitcoin provides freedom and provides excellent benefits as an investment or to trade, if indeed they are good at managing all the Bitcoin they have, this is the time when Bitcoin is on the verge of popularity, everyone wants Bitcoin without any knowledge, when the market at this point they just complain and panic around the crowd by spreading anxiety in this forum and on other social media, maybe over time everyone can realize and clearly understand the original character of cryptocurrency to be more developed in the future and more mature than before, this was a very good innovation the chances of success in the future were wide open, comparable to the growing public interest in cryptocurrency, the government would not be strong enough to prevent that anymore, we needed this for the advancement of private society and a wider range that was more feasible for the economy .

Sky is truly the limit. With all the currency issues going on right now, I think adoption will keep accelerating and Bitcoin will become the reserve currency of the world. If that happens then countries will need to stock up. Could go beyond anyones imagination.

We are looking at a technological improvement in many different sectors which will be based on blockchain, which considered bitcoin is based on we will see it grow as well. We will see banking sector becoming more and more blockchain dependent and when that happens bitcoin will be out there known for the marvelous innovation it brought with it.

We will see payments via mobile phone and QR codes get more and more common, as common as a debit card or a credit card and maybe even more common than them in the future, when that happens we will see many payment options for bitcoin via mobile phone payments which would make adaption a lot faster and bigger.

But some people thought that bitcoin will only reach $10k last year right? some of them even predicted smaller than $10k but the price significantly boost and eats the walls from the market like nothing you can also count most of the alts increases more than from their expectations the hype was everywhere that time, we can speculate more than that or predict the safe side which the bitcoin will reach $20k again this time but the peak is yet to happen too early to conclude everything.

While many people only think about the price when they think about the future you need to think about the reasons that will make the price go higher, and most of those factors have to do with the technology behind bitcoin and its improvement and political factors like if countries around the world are going to ban bitcoin, its possession and transacting with it, so you need to see farther and not obsess completely with the price.