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Question: How much do you think 1 Bitcoin will be worth in 2020?
$100
$1.000
$10.000
$100.000
$1.000.000
$0
$1
$10

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Author Topic: How much do you think 1 Bitcoin will be worth in 2020?  (Read 58237 times)
MasterYii
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September 30, 2015, 05:30:45 AM
 #301

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

I think not much because as what I can observe right now the prices for the coins are unstable it may rise and fall again just as much as it had risen but 2020 is way ahead and there are a lot of things that could happen.
Maybe by that time it is already been the international currency.
fearlesscat10
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September 30, 2015, 08:43:39 AM
 #302

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

I think not much because as what I can observe right now the prices for the coins are unstable it may rise and fall again just as much as it had risen but 2020 is way ahead and there are a lot of things that could happen.
Maybe by that time it is already been the international currency.

That's why I voted $1,000. I think it would be stable at $1,000 by that time, but it might bubble to $10,000 before 2025.

arandy (OP)
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September 30, 2015, 09:47:00 AM
Last edit: September 30, 2015, 10:16:00 AM by arandy
 #303

bitcoin: 10k-100k
ltc:1k-10k
mintcoin: 1-2 dollar
doge: 1-2 dollar
novacoin:$100-$1000
gold: 10k-100k
silver:1k-10k
dollar: .05c-.10c in today's money
taco: 20 dollars
gas: 150 dollars/gallon

why you add shitcoin at your list Huh  Cheesy
mintcoin is dead, please remember it



Mintcoin dead? Please explain? I still own like 38 million of them Smiley
And this coin is still very much alive although it's a bit hard to see what's happening exactly.
Ceizer54
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September 30, 2015, 09:48:44 AM
 #304

I want Bitcoin to cross 10000$ mark and i think it's possible..Not sure if it can reach that mark till 2020 though.. Tongue
mordekaiser
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September 30, 2015, 01:29:29 PM
 #305

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

The bitcoin's price on that year will be around $5000 to $10000
a lot of money right. I think it is not impossible for this to happen.
gentlemand
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September 30, 2015, 04:20:39 PM
 #306


Man, a $20 taco? That better not have any chewy pieces of carne if pay $20! Also there better be extra guacamole... Mmm I just made myself hungry.
The above table is an outlook on a failed US dollar. If the inflation went this quick the US would be in serious trouble. Like better have bullets and large supply of water trouble.

I'd be less surprised by the total collapse of society than a $1000 Novacoin.
Denker
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September 30, 2015, 04:44:27 PM
 #307

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

That is 5 years from now and as I can see bitcoin has been doing pretty good there are more investors so by that year I guess
it will be $500.

In 4 years and 3 months you see the price of Bitcoin at $500? Really?
For me this would mean that this experiment had failed.
I expect to see a price of $500 some time around the end of next year.
In 2020 hopefully high 4 digits or low 5 digits.
Fakhoury
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September 30, 2015, 07:44:15 PM
 #308

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

That is 5 years from now and as I can see bitcoin has been doing pretty good there are more investors so by that year I guess
it will be $500.

In 4 years and 3 months you see the price of Bitcoin at $500? Really?
For me this would mean that this experiment had failed.
I expect to see a price of $500 some time around the end of next year.
In 2020 hopefully high 4 digits or low 5 digits.

Respect !!

You summed up all what I want to say.

The issue is that people can't see the bigger picture or there minds can't manage to think about high gains.

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
prodigy8
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October 01, 2015, 12:32:22 AM
 #309

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

For this year 177$? I have read in coindesk that the bitcoin price was fallen down to ~150$
That was the lowest price for this year but still 3 months counting.
Since the block reward is going to be deducted by 50% every time (every 3-4 years) then i think $1k probably will be at 2020
bitwarrior
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October 01, 2015, 12:48:33 AM
 #310

I am predicting that by the year 2020, bitcoin will be trading on the levels of 1,000 usd plus. This is being optimistic on my end, because trying for 10,000 USD is a bit quite a stretch Smiley
Nami
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October 01, 2015, 01:13:45 AM
 #311

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

It will worth more a than  half a million dollars.
Better gather more coins now.
arandy (OP)
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October 01, 2015, 10:48:35 AM
 #312

What about a more simpler approach Smiley
There should be around $60 trillion in money on this planet.
If bitcoins gets more accepted and used in those five years and would contain 1/10000th of value of all the money in the world.
By 2020 there would be a little under 18 million bitcoins.

With those numbers in mind 1 bitcoin would have a value of $300k  Cool

safari88
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October 01, 2015, 11:59:31 AM
 #313

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

It will worth more a than  half a million dollars.
Better gather more coins now.

it was $100,000 is the number bulshit. bitcoin will never reach that price.
to reach $10,000 bitcoin will be very difficult

.
..1xBit.com   Super Six..
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prodigy8
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October 01, 2015, 12:24:55 PM
 #314

What about a more simpler approach Smiley
There should be around $60 trillion in money on this planet.
If bitcoins gets more accepted and used in those five years and would contain 1/10000th of value of all the money in the world.
By 2020 there would be a little under 18 million bitcoins.

With those numbers in mind 1 bitcoin would have a value of $300k  Cool

What a calculation, i don't think that this even reachable, it is just to much for a single bitcoin to cost ~$300,000
If it only reach 1% of it which is ~$3,000 then that would be perfect for the bitcoin community.
It is almost 4 years until 2020 and maybe there will be another halving which means around 6.25BTC reward per block and the price maybe can reach 1,000 USD.
arandy (OP)
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October 01, 2015, 01:15:34 PM
 #315

What about a more simpler approach Smiley
There should be around $60 trillion in money on this planet.
If bitcoins gets more accepted and used in those five years and would contain 1/10000th of value of all the money in the world.
By 2020 there would be a little under 18 million bitcoins.

With those numbers in mind 1 bitcoin would have a value of $300k  Cool

What a calculation, i don't think that this even reachable, it is just to much for a single bitcoin to cost ~$300,000
If it only reach 1% of it which is ~$3,000 then that would be perfect for the bitcoin community.
It is almost 4 years until 2020 and maybe there will be another halving which means around 6.25BTC reward per block and the price maybe can reach 1,000 USD.

Did that one for the fun of it Wink not something i believe in but also not something i would rule out entirely in the long run.
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October 01, 2015, 01:56:04 PM
 #316

Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.

Please put down the number you think it will reach not the number you hope it will be  Cool

That is 5 years from now and as I can see bitcoin has been doing pretty good there are more investors so by that year I guess
it will be $500.

NO way. In 5 years $ will have quite an inflation. I cant believe Bitcoin will only double its $ worth.  $1000 is way more possible.
mskryxz
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October 01, 2015, 07:33:12 PM
 #317

The scary thing is if bitcoin can touch $1,000-$2,000 again then it is entirely in the realm of possibility of seeing a $5,000-$10,000 coin. And again, if it does touch 5k+, it is also very possible and likely that it would reach 10k and beyond.
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October 01, 2015, 10:08:37 PM
 #318

The scary thing is if bitcoin can touch $1,000-$2,000 again then it is entirely in the realm of possibility of seeing a $5,000-$10,000 coin. And again, if it does touch 5k+, it is also very possible and likely that it would reach 10k and beyond.

FOMO is a beautiful thing.
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October 01, 2015, 10:26:59 PM
 #319

I see that in the poll there is an option of 1 Million, that should be only in our imaginary.
The price of a single bitcoin i think that should cost around 1,000 - 2,000 USD by 2020.
Time by time the bitcoin price will increase and there will be an slighly increase for each year until 2020.
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October 01, 2015, 10:33:16 PM
 #320

The scary thing is if bitcoin can touch $1,000-$2,000 again then it is entirely in the realm of possibility of seeing a $5,000-$10,000 coin. And again, if it does touch 5k+, it is also very possible and likely that it would reach 10k and beyond.

FOMO is a beautiful thing.

I like the analysis.

And FOMO = Greed Wink

Quote from:  Satoshi Nakamoto
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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