How much do you think 1 Bitcoin will be worth in 2020?

[fkvidar]

According to Pantera Capital: $4,200,000
https://cdn.panteracapital.com/wp-content/uploads/Bitcoin-vs-Gold.pdf

[Scott J]

If the technology is still proven to be sound (no 50% attack etc.), then $1,000-$100,000.

[bytezero]

I have heard astronomical values, dividing the current economy by 21 million. Say the value of all money now is 100 trillion dollars, then one BTC would be about 5 million. Hard to believe that will happen, isn't it?

[prodigy8]

5 year is not enough to reach a huge difference.
We can see the gold how is going

[prodigy8]

I want to say around $2,500 to $3,000 a coin but that is being optimistic, years go by pretty darn fast and we may just be at $1,000 a coin (not that it would be a terribly bad thing). Just remember Bitcoin isn't a race to wealth.

You are very optimistic, the bitcoin through the years has been changed a lot. the Technology is moving forward fast too.
So the price i dont think will reach 3k

[prodigy8]

I want to say around $2,500 to $3,000 a coin but that is being optimistic, years go by pretty darn fast and we may just be at $1,000 a coin (not that it would be a terribly bad thing). Just remember Bitcoin isn't a race to wealth.

You are very optimistic, the bitcoin through the years has been changed a lot. the Technology is moving forward fast too.
So the price i dont think will reach 3k

We are talking 5 years, if it hits the strides it needs to 2500$ shouldn't be too far out of reach but of course it can always go the other way and be worth 50$ a coin if there is either a 50-51% attack, a bad fork or switch to a new coin.

Yes it can be in future why not, but when it was 300$ i was much happier than before, i would imagine when i reach 2500$.
5 year is long if the investment is low amount.

[Raize]

President Paul's second term won't end until 2025.

Good catch. I stand corrected! Bitcoin will peak in 2020 and crash by 2025 then.

[ridery99]

Why there's no 0$ option? I think it will be obsoleted by some centralized blockchain made by bank mafia 

[Prasmatic]

Bitcoin will be worth between $10k-$50k.

If you hold 100BTC then you should be millionaire by 2020 lol
I made a calculation today and it is really a huge profit if it reaches only $10k not $50k
It will reach 1k$ for my opinion.

[LFC_Bitcoin]

I'll take a shot at $2500. I'll count that as a conservative estimate because we obviously have the halving next year & then another one in 2020 so $2500 really should be possible in 5 years time. We'll have more adoption us the Winklevoss Gemini Exchange + COIN ETF + many other things.

We could be at $10,000 per bitcoin or even more but my guess is $2500 & to be honest I'd be very satisfied even if it's that. 

[oblivi]

I want to say around $2,500 to $3,000 a coin but that is being optimistic, years go by pretty darn fast and we may just be at $1,000 a coin (not that it would be a terribly bad thing). Just remember Bitcoin isn't a race to wealth.

You are very optimistic, the bitcoin through the years has been changed a lot. the Technology is moving forward fast too.
So the price i dont think will reach 3k

We are talking 5 years, if it hits the strides it needs to 2500$ shouldn't be too far out of reach but of course it can always go the other way and be worth 50$ a coin if there is either a 50-51% attack, a bad fork or switch to a new coin.

Yes it can be in future why not, but when it was 300$ i was much happier than before, i would imagine when i reach 2500$.
5 year is long if the investment is low amount.

If I woke up tomorrow with a price of 2500 I would be pissed off. I don't understand people that are so impatient. The fact we get a SECOND opportunity to get sub 1000 BTC is simply a blessing. The second coming of Jesus H Satoshi himself bringing us the opportunity to stack up entire units of the holy grail for our future wealth and well being. Every BTC you make after the last ATH is simply invaluable.

[dreey]

1500

[prodigy8]

Why there's no 0$ option? I think it will be obsoleted by some centralized blockchain made by bank mafia  

What about that bitcoin will disappear and will not exists in the future
Like the Satoshi that developed the system and the Bitcoin software (that is used to run the system) in 2009
And as we know he disappeared into thin air in 2010.

[pereira4]

President Paul's second term won't end until 2025.

Good catch. I stand corrected! Bitcoin will peak in 2020 and crash by 2025 then.

Why would it peak at 2020 and not 2024? Anyway, I think assuming Paul will reach presidency is a bit of a stretch, I think we'll probably have Hillary Clinton as the first woman president after the first black president, even tho im not really into checking out politics lately and don't know how's it going. Too much involved into geek shit to pay attention to politics.

[Raize]

Why would it peak at 2020 and not 2024? Anyway, I think assuming Paul will reach presidency is a bit of a stretch, I think we'll probably have Hillary Clinton as the first woman president after the first black president, even tho im not really into checking out politics lately and don't know how's it going. Too much involved into geek shit to pay attention to politics.

2020 because I'm speculating mostly, but my theory is based off of a historical trend that scales exponentially in both time and price. I won't go into too much detail because the more that know about it the less effectively I can take advantage of it, but there are cycles and astute observers are noticing them, I think. Or at least, whoever bought ~300k BTC at $160 in January 2015 seems to be one such person.

I have posted at length about this before. It's not price, but rather volume and time that are extremely important factors to watch.

[Wexlike]

According to Pantera Capital: $4,200,000
https://cdn.panteracapital.com/wp-content/uploads/Bitcoin-vs-Gold.pdf

Very interesting pdf. I want to highlight a few sections that i find interesting.

While there have been extended periods of underperformance, gold prices increased at 4.62%
CAGR in the 80 years between July 1934 and July 2014, almost a percentage point better than the
3.66% CAGR of U.S. CPI — little wonder that people have a high regard for gold as protection against
inflation.

Jewelry in many cases is an investment. The single largest buyers of gold have been Indians,
who wear their net worth every day, distrusting or not having access to banks, and China,
taking advantage of their recent wealth. Widespread adoption of bitcoin could significantly
reduce demand, as rural Indian women would be less willing to wear their household’s entire
net wealth when they leave their house.

Bitcoin’s intrinsic value lies in its ability to provide secure, reliable
transactions of arbitrary value within an ecosystem that self-strengthens through mining.

Yes, both types of miners are rewarded for their hard work. In addition to their award of newlycreated
bitcoins, bitcoin miners confirm transactions to the rest of the network, providing
comprehensive security for the use, transfer, and storage of all bitcoins. For gold to have these
traits, it would be analogous to expecting contemporary gold miners to simultaneously act as
transaction security for every trade in gold: armed guards, checkpoints, concealed transaction
values, guaranteed delivery of every transaction worldwide, and a constantly updated ledger for
confirmation.

The annual cost of mining gold is $105 billion vs. $0.79 billion for Bitcoin.
Gold mining uses 475 million gigajoules of energy versus 3.6 million for Bitcoin.

[chessnut]

the binary outcome argument, I cant see a way around it. If bitcoin is useful and supported at any price, therefore real-world functional, I dont see how a landslide of liquidity will not be drawn to it, seeing as the functional ecosystem of bitcoin is too beautifully efficient and useful to ignore. 100k is easily achievable in principle.

[Natalia_AnatolioPAMM]

Why there's no 0$ option? I think it will be obsoleted by some centralized blockchain made by bank mafia 

exactly what I was going to say 

[arandy]

Why there's no 0$ option? I think it will be obsoleted by some centralized blockchain made by bank mafia 

exactly what I was going to say 

Added some extra options.

[magicmexican]

Better question would be - will we ever see a price reaching the past all time high? After all the unveiled details about the last run-up its really hard to image a 1000$BTC anymore.