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Author Topic: Bitcoin in 2020  (Read 57145 times)
Viakor
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February 17, 2016, 11:08:41 AM
 #221

In 2020, the Bitcoin will be quite mature, and 100 million people have heard or used Bitcoin. It is a reserve currency.

might be true... day by day bitcoin users increases... but there are still instances that some bitcoin collectors left..I hope that no one would create a drama again that would make people feel disappointed when 2020 comes..  Smiley

There'll be lots of drama that can happen from now til 2020 so it's very unpredictable. But I do hope for the best.

The first big drama is the block size increase from 1MB to 2MB or higher. If it is resolved, the price will rise a lot.
Bitcoin will have a good year in 2020. The world is more modern now, and more people get to know about Bitcoin.
But I hope later that it will be more worth in the future.
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February 17, 2016, 11:57:50 AM
Last edit: February 17, 2016, 03:30:12 PM by Amph
 #222

In 2020, the Bitcoin will be quite mature, and 100 million people have heard or used Bitcoin. It is a reserve currency.

might be true... day by day bitcoin users increases... but there are still instances that some bitcoin collectors left..I hope that no one would create a drama again that would make people feel disappointed when 2020 comes..  Smiley

There'll be lots of drama that can happen from now til 2020 so it's very unpredictable. But I do hope for the best.

The first big drama is the block size increase from 1MB to 2MB or higher. If it is resolved, the price will rise a lot.

not really, this problem will be there when we need bigger block than 2mb and so on, so you're only buying time with those little increase not solving it completely

and i don't like the sound of lightning network and blockstream, they are not really bitcoin for me
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February 17, 2016, 02:02:53 PM
 #223

In 2020, the Bitcoin will be quite mature, and 100 million people have heard or used Bitcoin. It is a reserve currency.

might be true... day by day bitcoin users increases... but there are still instances that some bitcoin collectors left..I hope that no one would create a drama again that would make people feel disappointed when 2020 comes..  Smiley

There'll be lots of drama that can happen from now til 2020 so it's very unpredictable. But I do hope for the best.

The first big drama is the block size increase from 1MB to 2MB or higher. If it is resolved, the price will rise a lot.

not really, this problem will be there when we need bigger block than 2mb and so on, so you're only buying time with those little increase not solving it completely

and i don't liek the sound of lightning network and blockstream, they are not really bitcoin for me

Yes bitcoin system improvements must be done quickly see many people using bitcoin and increasingly more.

Bitcoin will progress and develop if keep abreast of any progress there.
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February 17, 2016, 02:06:55 PM
 #224

Btc in 2020
Hmm price stable at 800 new high 2500
Massive addoption

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ronaldo40
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February 17, 2016, 02:47:25 PM
 #225

Btc in 2020
Hmm price stable at 800 new high 2500
Massive addoption

yeah this is a realistic price in 2020 but I hope the price stable at $1000 and a new price high $5000 Cool

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February 17, 2016, 03:20:00 PM
 #226

This is not so far away from now 4 years.
Lot of good things can be accomplished! Good thing we are on the good way to see more btc adoption and raise! Awareness is rising every day!
Price could fluctuate from 300 to 1000$ who knows ..
Yes you are right, the bitcoin itself is unpredictable, I think it can even go higher in these few upcoming years.
The bitcoin has a really good future a head so why not.

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February 18, 2016, 10:52:26 AM
 #227

This is not so far away from now 4 years.
Lot of good things can be accomplished! Good thing we are on the good way to see more btc adoption and raise! Awareness is rising every day!
Price could fluctuate from 300 to 1000$ who knows ..
Yes you are right, the bitcoin itself is unpredictable, I think it can even go higher in these few upcoming years.
The bitcoin has a really good future a head so why not.

that why price can be today 1000 and the next 100
that is the beauty of it
but price will be higher if we see more adopting in future



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February 18, 2016, 10:58:44 AM
 #228

So the halving will take part again in 2020 right?

If the speculations of $1000 level, with the effect of the upcoming halving to the upcoming years, then maybe in 2020 we can see $2000 or $3000.

What an interesting speculation.
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February 18, 2016, 01:18:38 PM
 #229

So the halving will take part again in 2020 right?

If the speculations of $1000 level, with the effect of the upcoming halving to the upcoming years, then maybe in 2020 we can see $2000 or $3000.

What an interesting speculation.

The halving will take place again in 2020. The block size will become 6.25, from 12.5. But the halving will have less effect.

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February 19, 2016, 09:36:02 AM
 #230

So the halving will take part again in 2020 right?

If the speculations of $1000 level, with the effect of the upcoming halving to the upcoming years, then maybe in 2020 we can see $2000 or $3000.

What an interesting speculation.

The halving will take place again in 2020. The block size will become 6.25, from 12.5. But the halving will have less effect.

Yes maybe it could happen, but 2020 is still very far away and long so we can not predict accurately.
But all users will want bitcoin bitcoin be developed.

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February 19, 2016, 09:50:55 AM
 #231

The first big drama is the block size increase from 1MB to 2MB or higher. If it is resolved, the price will rise a lot.
Doublling isn't much in a world where 10,000 times more transaction can happen. Bitcoin has some fundamental limitations that aren't easily solved, especially since the people involved have different opinions and interests.
Last month a core developer quit, he has an interesting story to read: The resolution of the Bitcoin experiment

I don't dare make a 2020-prediction for Bitcoin, it can be anywhere from forgotten (although I think 2020 is too early for that) to sky high.

sishendaoye
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February 19, 2016, 10:41:34 AM
 #232

So the halving will take part again in 2020 right?

If the speculations of $1000 level, with the effect of the upcoming halving to the upcoming years, then maybe in 2020 we can see $2000 or $3000.

What an interesting speculation.

The halving will take place again in 2020. The block size will become 6.25, from 12.5. But the halving will have less effect.

Yes maybe it could happen, but 2020 is still very far away and long so we can not predict accurately.
But all users will want bitcoin bitcoin be developed.



You never know what will happen of course, I think the bitcoin will be stable at that time.
The price will be at a level of 1k, I'm sure of it but we will have to patient and see what happens.
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February 19, 2016, 10:45:53 AM
 #233

Btc in 2020
Hmm price stable at 800 new high 2500
Massive addoption

What on earth makes you think we will reach a new ATH of $2500 this year? It's far from a realistic scenario to happen. I still have to see the $1000 price level which currently looks like it is a million miles away.
agustina2
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February 19, 2016, 11:11:30 AM
 #234

So the halving will take part again in 2020 right?

If the speculations of $1000 level, with the effect of the upcoming halving to the upcoming years, then maybe in 2020 we can see $2000 or $3000.

What an interesting speculation.

The halving will take place again in 2020. The block size will become 6.25, from 12.5. But the halving will have less effect.

Yes maybe it could happen, but 2020 is still very far away and long so we can not predict accurately.
But all users will want bitcoin bitcoin be developed.


Just a little bit of info but even 2020 is next year we can't predict accurately too like you said.

Speculations, rumors, prediction etc. Anyone can do that freely.
talkbitcoin
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February 19, 2016, 11:23:20 AM
 #235

if by 2020 things are going at the same pace as today, and bitcoin continues to be used by new people everyday, then i guess it is safe to say the price can be at least above $1000 per coin.

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February 19, 2016, 11:48:45 AM
 #236

if by 2020 things are going at the same pace as today, and bitcoin continues to be used by new people everyday, then i guess it is safe to say the price can be at least above $1000 per coin.

Its very small speculation I think because in this year itself bitcoin will reach more than 1000$ dude. if you see the price of bitcoin at 2020 It will reach more than 3000$ according to my view. If its reaches big means that's good for us only right.
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February 19, 2016, 12:26:25 PM
 #237

if by 2020 things are going at the same pace as today, and bitcoin continues to be used by new people everyday, then i guess it is safe to say the price can be at least above $1000 per coin.

Its very small speculation I think because in this year itself bitcoin will reach more than 1000$ dude. if you see the price of bitcoin at 2020 It will reach more than 3000$ according to my view. If its reaches big means that's good for us only right.

The price will be $1500 after the halving and block size increase. I think the price in 2020 will be 4 times of that or $6000.

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February 19, 2016, 03:07:12 PM
 #238

You never know what can happen in the future. Maybe Bitcoin will disappear in the future, you dont know.
There is a chance that Bitcoin also can fall, but we all hope that Bitcoin will rise soon and that more people will use it.
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February 19, 2016, 03:10:25 PM
 #239

Btc in 2020
Hmm price stable at 800 new high 2500
Massive addoption

What on earth makes you think we will reach a new ATH of $2500 this year? It's far from a realistic scenario to happen. I still have to see the $1000 price level which currently looks like it is a million miles away.

not this year but 2020 was my statement for this I would be happy if it goes to 1500

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February 19, 2016, 03:19:00 PM
 #240

You never know what can happen in the future. Maybe Bitcoin will disappear in the future, you dont know.
There is a chance that Bitcoin also can fall, but we all hope that Bitcoin will rise soon and that more people will use it.

Well for now possibily of bitcoin would fall is really unrealistic. More developments and services are growing in a monthly period.

If all core developers will quit in bitcoin I think bitcoin will still alive but that is really a small percentage to happen.
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