Trolololo
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July 24, 2015, 11:21:18 AM |
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If gold marketcap is about 6 trillion
and
if bitcoin surpasses gold as a store of value
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that happens by 2020,
then
just do the math: 6.000.000.000.000 / 17.500.000 = 343 k... So the price by 2020 would be or 0 or 100k+
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Prasmatic
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July 24, 2015, 01:15:42 PM |
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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$. 5 year is long if the investment is low amount. If I woke up tomorrow with a price of 2500 I would be pissed off. I don't understand people that are so impatient. The fact we get a SECOND opportunity to get sub 1000 BTC is simply a blessing. The second coming of Jesus H Satoshi himself bringing us the opportunity to stack up entire units of the holy grail for our future wealth and well being. Every BTC you make after the last ATH is simply invaluable. Well 300$ and 2500$ of the bitcoin price is a very very huge difference. There are many opportunity that will bring the bitcoin price to the next level/.
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Amph
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July 24, 2015, 02:03:12 PM |
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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.
it's really hard to not imagine it actually, with all the premises and the recent good news and the halving approaching, i can't think of how we can't even surpass a simple 1k and not touching 10k If gold marketcap is about 6 trillion
and
if bitcoin surpasses gold as a store of value
and
that happens by 2020,
then
just do the math: 6.000.000.000.000 / 17.500.000 = 343 k... So the price by 2020 would be or 0 or 100k+
and why it should surpass gold in a so short time-frame? ok that the price increase isn't linearly, ok that big pump can happen at random, ok that, an unsubstantial atk like 100k can happen while the price is aiming at 10k ecc... but going in 6 years to only 280 and then another 5 years for 100k+ seems beyond reality
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Wexlike
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July 24, 2015, 03:52:13 PM |
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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$. 5 year is long if the investment is low amount. If I woke up tomorrow with a price of 2500 I would be pissed off. I don't understand people that are so impatient. The fact we get a SECOND opportunity to get sub 1000 BTC is simply a blessing. The second coming of Jesus H Satoshi himself bringing us the opportunity to stack up entire units of the holy grail for our future wealth and well being. Every BTC you make after the last ATH is simply invaluable. Well 300$ and 2500$ of the bitcoin price is a very very huge difference. There are many opportunity that will bring the bitcoin price to the next level/. I think the maximum might be 50k $. But the future is full of surprises. One extreme brutal hyperinflation can destroy ones FIAT wealth in a very short timeframe. Just imagine: What would happen if only 2 million people would buy "only" one bitcoin ? 2 million people is nothing in a global scale. If we would adapt to 10 million users, the price would be already very high ! The problem is, that compared to us in the west, most of the world is poor. I think the first big scale bitcoin adoption will happen in one of the poorer countries, that are plagued with a high inflation of their government paper money. Especially when one fiat currency fails after another because of their debt issues.
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prodigy8
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July 25, 2015, 12:39:05 PM |
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It is 5 year from now and the price cannot reach 1x,xxx $ i think it is impossible, It will be maybe only 1,000 USD
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dodgecharger
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July 25, 2015, 08:29:51 PM |
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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$. 5 year is long if the investment is low amount. If I woke up tomorrow with a price of 2500 I would be pissed off. I don't understand people that are so impatient. The fact we get a SECOND opportunity to get sub 1000 BTC is simply a blessing. The second coming of Jesus H Satoshi himself bringing us the opportunity to stack up entire units of the holy grail for our future wealth and well being. Every BTC you make after the last ATH is simply invaluable. Well 300$ and 2500$ of the bitcoin price is a very very huge difference. There are many opportunity that will bring the bitcoin price to the next level/. I think the maximum might be 50k $. But the future is full of surprises. One extreme brutal hyperinflation can destroy ones FIAT wealth in a very short timeframe. Just imagine: What would happen if only 2 million people would buy "only" one bitcoin ? 2 million people is nothing in a global scale. If we would adapt to 10 million users, the price would be already very high ! The problem is, that compared to us in the west, most of the world is poor. I think the first big scale bitcoin adoption will happen in one of the poorer countries, that are plagued with a high inflation of their government paper money. Especially when one fiat currency fails after another because of their debt issues. well it a very interesting question but reality is real and we have to wait to see ...probably bitcoin can reach $ 5-10k
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NorrisK
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July 25, 2015, 08:50:47 PM |
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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$. 5 year is long if the investment is low amount. If I woke up tomorrow with a price of 2500 I would be pissed off. I don't understand people that are so impatient. The fact we get a SECOND opportunity to get sub 1000 BTC is simply a blessing. The second coming of Jesus H Satoshi himself bringing us the opportunity to stack up entire units of the holy grail for our future wealth and well being. Every BTC you make after the last ATH is simply invaluable. Well 300$ and 2500$ of the bitcoin price is a very very huge difference. There are many opportunity that will bring the bitcoin price to the next level/. I think the maximum might be 50k $. But the future is full of surprises. One extreme brutal hyperinflation can destroy ones FIAT wealth in a very short timeframe. Just imagine: What would happen if only 2 million people would buy "only" one bitcoin ? 2 million people is nothing in a global scale. If we would adapt to 10 million users, the price would be already very high ! The problem is, that compared to us in the west, most of the world is poor. I think the first big scale bitcoin adoption will happen in one of the poorer countries, that are plagued with a high inflation of their government paper money. Especially when one fiat currency fails after another because of their debt issues. Price wouldn't rise to 50k I guess, even if 2 million people buy 1 bitcoin. What is preventing these normal thinking people from not selling after doubling their investment? Pretty good ROI..
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inca
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July 25, 2015, 08:54:28 PM |
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It is 5 year from now and the price cannot reach 1x,xxx $ i think it is impossible, It will be maybe only 1,000 USD
The price was $1200 dollars in 2013. Bitcoin ecosystem has since had 2/3 of a billion dollars of VC capital invested and is only now starting to open up as an investment asset in the form of ETN's and hopefully soon ETF's (COIN). Stay safe, but revise your expectations..
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coinableS
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July 25, 2015, 09:06:14 PM |
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Since no one has posted it yet: YEARS | BLOCK REWARD | COINS DISTRIBUTED | TOTAL DISTRIBUTED | 2009-2012 | 50 | 210,000 blocks = 10,500,000 | 10,500,000 | 2012-2016 | 25 | 210,000 blocks = 5,250,000 | 15,750,000 | 2016-2020 | 12.5 | 210,000 blocks = 2,625,000 | 18,375,000 | 2020-2024 | 6.25 | 210,000 blocks = 1,312,500 | 19,687,500 | 2024-2028 | 3.125 | 210,000 blocks = 656,250 | 20,343,750 | 2028-2032 | 1.5625 | 210,000 blocks = 328,125 | 20,671,875 | 2032-2036 | 0.78125 | 210,000 blocks = 164,062.5 | 20,835,937.5 | 2036-2040 | 0.390625 | 210,000 blocks = 82,031.25 | 20,917,968.75 |
I think the rewards and distribution is a good thing to look at when speculating about the longer term. Not sure what the price will be in 2020. But I know if you can hold onto your stash until the 2030's when rewards really fall and total distribution is over 20 million coins you should be in a good position
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Fakhoury
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Permabull Bitcoin Investor
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July 25, 2015, 09:11:11 PM |
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Since no one has posted it yet: YEARS | BLOCK REWARD | COINS DISTRIBUTED | TOTAL DISTRIBUTED | 2009-2012 | 50 | 210,000 blocks = 10,500,000 | 10,500,000 | 2012-2016 | 25 | 210,000 blocks = 5,250,000 | 15,750,000 | 2016-2020 | 12.5 | 210,000 blocks = 2,625,000 | 18,375,000 | 2020-2024 | 6.25 | 210,000 blocks = 1,312,500 | 19,687,500 | 2024-2028 | 3.125 | 210,000 blocks = 656,250 | 20,343,750 | 2028-2032 | 1.5625 | 210,000 blocks = 328,125 | 20,671,875 | 2032-2036 | 0.78125 | 210,000 blocks = 164,062.5 | 20,835,937.5 | 2036-2040 | 0.390625 | 210,000 blocks = 82,031.25 | 20,917,968.75 |
I think the rewards and distribution is a good thing to look at when speculating about the longer term. Not sure what the price will be in 2020. But I know if you can hold onto your stash until the 2030's when rewards really fall and total distribution is over 20 million coins you should be in a good position Actually if he/us can wait for 2024-2028, it's nearly the same like 2030 and even 2036/2040. Because at 2024-2028 nearly more than 91% of the coins are mined and it's a far good time to have a brilliant position, not only good one.
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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RonPaulBTC
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July 26, 2015, 10:26:39 PM |
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Anything on the 4 figures would be decent, 5 figures ideal.
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bitcoinmar
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July 26, 2015, 10:30:14 PM |
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Anything on the 4 figures would be decent, 5 figures ideal.
Four is possibility but Five is far away because this need too much time
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richardsNY
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July 26, 2015, 10:36:01 PM |
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I think in the range of $1000-$2000 which some people might consider low but it is a fair estimate.
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RonPaulBTC
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July 26, 2015, 11:43:31 PM |
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Anything on the 4 figures would be decent, 5 figures ideal.
Four is possibility but Five is far away because this need too much time Not necessarly, it took days to go from 200 to 1000
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hasiramasenju
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July 27, 2015, 03:56:11 AM |
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i think 1 Bitcoin will be worth between range $500-$1000 in 2020 because i'm very doubt the bitcoin price can reach more than $1000 even in the next 5 year and i think highest price of bitcoin in 2020 only can reach $1000 and then could be back to $500 or less
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mmortal03
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July 27, 2015, 07:03:31 AM |
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I can't imagine slow organic growth for bitcoin. Everyone has already heard of bitcoin, if they didn't decide to join in now, there's no reason they'll slowly change their mind.
We're no way near everyone hearing about Bitcoin. I meet people who haven't heard about it all the time.
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Amph
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July 27, 2015, 07:31:46 AM |
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i think 1 Bitcoin will be worth between range $500-$1000 in 2020 because i'm very doubt the bitcoin price can reach more than $1000 even in the next 5 year and i think highest price of bitcoin in 2020 only can reach $1000 and then could be back to $500 or less
you're in doubt that bitcoin price can reach a value that has already been surpassed? 1k will be only the next solid floor, don't see it as a huge insurmountable wall
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pleaseexplainagain
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July 27, 2015, 08:24:14 AM |
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i think 1 Bitcoin will be worth between range $500-$1000 in 2020 because i'm very doubt the bitcoin price can reach more than $1000 even in the next 5 year and i think highest price of bitcoin in 2020 only can reach $1000 and then could be back to $500 or less
I am more positive than that. i see that bitcoin has since 2012 grown more than 2.26 per annum but i use that factor to get a conservative bottom price if it crashed (but did not fail which would take it to near zero). So i see bitcoin being at the very least $5,365 in 2020. so buying now at around $300 should mean your investment grows 18 times in the period. Year Expected Lowest price 2012 $4 2013 $10 2014 $24 2015 $60 2016 $146 2017 $360 2018 $886 2019 $2,181 2020 $5,365 here is what the actual lowest price was Year Actual 2012 $4 2013 $13 2014 $302 2015 $177 2016 n/a 2017 n/a 2018 n/a 2019 n/a 2020 n/a
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Natalia_AnatolioPAMM
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July 27, 2015, 08:50:32 AM |
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i think 1 Bitcoin will be worth between range $500-$1000 in 2020 because i'm very doubt the bitcoin price can reach more than $1000 even in the next 5 year and i think highest price of bitcoin in 2020 only can reach $1000 and then could be back to $500 or less
Personally , i don't believe bitcoin will live that long.
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willope
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July 27, 2015, 10:42:52 AM |
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i think 1 Bitcoin will be worth between range $500-$1000 in 2020 because i'm very doubt the bitcoin price can reach more than $1000 even in the next 5 year and i think highest price of bitcoin in 2020 only can reach $1000 and then could be back to $500 or less
Personally , i don't believe bitcoin will live that long. It is a bit surprising, because absolutely noone voted that bitcoin will "die"(go to 0$) until 2020. Not even You voted that.
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Go get a job instead of wasting ur time with scams
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