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Author Topic: Bitcoin in 2020  (Read 57145 times)
jerowacik
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January 28, 2016, 04:46:00 AM
 #41

Yes it is possible in 2020 bitcoin will be improved and the price of bitcoin might get to that number. Although prices often go down but when increased bitcoin rose drastically. I think the price increase bitcoin later influenced by several factors, including: The number of people / companies who adopt bitcoin. Perhaps it will lead to price increases bitcoin.
A lot of the increases that will happen with Bitcoin's price will relate around the development of Bitcoin, namely the blocksize right now, and, as you said, the number of people who will be using Bitcoin in the future. Bitcoin certainly has potential to generate value, but we will have to find ways to convince people to buy and use Bitcoin, and continually improve.
it is very possible. bitcoin at this time will be much different from what was there in 2020.
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January 28, 2016, 05:12:57 AM
 #42

Whoa!  Shocked That would be a huge amount! But it could possibly happen, as bitcoin always increases it's value.
tobacco123
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January 28, 2016, 05:21:50 AM
 #43

50% chance it will be 0 and 50% chance of $10,000....

Therefore,

(0.5 * $0) + (0.5 * $10,000) = $5,000

Yeah! but currently most people think it only worth $380... so what are you waiting for?

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January 28, 2016, 05:25:12 AM
 #44

I began my career in the bictoin . In 2010 the bitcoin was worth 0.01 euro , now a bitcoin worth 400 euros. I ask myself a question: what will be its value in 2020 ?.

A friend told me that its value will be 10,000 euros. Shocked

Sorry for the spelling for I am french . Wink

Thank you for your replies Smiley
The price of 1 Bitcoin is not 400 euros, the price is 400 US dollars. In 2020, the price of Bitcoin could be very low, or very high.


 
 
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OnTheMF
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January 28, 2016, 06:07:34 AM
 #45

I began my career in the bictoin . In 2010 the bitcoin was worth 0.01 euro , now a bitcoin worth 400 euros. I ask myself a question: what will be its value in 2020 ?.

A friend told me that its value will be 10,000 euros. Shocked

Sorry for the spelling for I am french . Wink

Thank you for your replies Smiley
The price of 1 Bitcoin is not 400 euros, the price is 400 US dollars. In 2020, the price of Bitcoin could be very low, or very high.
Brother we are now in 2016 after one day or next day what will happen we don't know but we can guess only that the bitcoins price is near about 400 usd now so it may go up to 600 usd or in between I can say. Because the price is not going so high at a moment. When it will happen it will be miracle.

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January 28, 2016, 08:42:00 AM
 #46

Bitcoins would be not worth a 5 digit amount till there is some speculation like the current silk road auction news that cause bitcoins to double its price. Even earlier in 2014, there was a lot of chaos with regards to bitcoins that caused the sudden rise in bitcoins. Compared to the initial price of bitcoins as 0.01 Euro, it would be most probably worth 10,000 euros in 4 years from now.
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February 04, 2016, 03:51:25 AM
 #47

I began my career in the bictoin . In 2010 the bitcoin was worth 0.01 euro , now a bitcoin worth 400 euros. I ask myself a question: what will be its value in 2020 ?.

A friend told me that its value will be 10,000 euros. Shocked

Sorry for the spelling for I am french . Wink

Thank you for your replies Smiley
The price of 1 Bitcoin is not 400 euros, the price is 400 US dollars. In 2020, the price of Bitcoin could be very low, or very high.
Brother we are now in 2016 after one day or next day what will happen we don't know but we can guess only that the bitcoins price is near about 400 usd now so it may go up to 600 usd or in between I can say. Because the price is not going so high at a moment. When it will happen it will be miracle.
Yes 2020 is still long, but we can predict from the scene a few months to come, because today can affect tomorrow.
I think between 2016 and 2020 bitcoin will peak and will be many people who will join with bitcoin.
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February 04, 2016, 04:43:35 AM
 #48

By 2020 bitcoin be at the range of 3000$ to 4000$. As the question says it may touch 10000 Euros. According to 2010 growth rate
bitcoin would have reached the value. Now the market situation is very worse which gives a hope of rise in price.
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February 04, 2016, 04:52:52 AM
 #49

4 years later. not a long time, I thought the price of bitcoin does not differ much from the current price.
different if we look at years 2050 or more
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February 04, 2016, 04:57:01 AM
 #50

i think the price would be hit $ 1k, i think 4 years, it is not a long time, bitcoin need more time, to be worth like op hope, but it just on speculation, we can't predict the future
hendra147
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February 04, 2016, 05:04:42 AM
 #51

By 2020 bitcoin be at the range of 3000$ to 4000$. As the question says it may touch 10000 Euros. According to 2010 growth rate
bitcoin would have reached the value. Now the market situation is very worse which gives a hope of rise in price.

the more merchand avaible in every country is more important than bitcoin value
im sure in future in every country bitcoin wll be booming and more people will use it
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February 04, 2016, 05:32:53 AM
 #52

There are too many variables to take in consideration to even guess a price for the future. You might find that a killer App gets released and this takes Bitcoin mainstream or you might find a lot of countries banning the currency and it will have a detrimental impact on the Bitcoin price.

If a Alt coin or one of these permissioned private ledgers become successful, we might see a decline in the price. So there are just too many things for us to guess what will happen.

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February 04, 2016, 05:45:11 AM
 #53

There are too many variables to take in consideration to even guess a price for the future. You might find that a killer App gets released and this takes Bitcoin mainstream or you might find a lot of countries banning the currency and it will have a detrimental impact on the Bitcoin price.

If a Alt coin or one of these permissioned private ledgers become successful, we might see a decline in the price. So there are just too many things for us to guess what will happen.

The trust for bitcoin is much greater however, investors prefer btc than any other altcoin. if bitcoin is being mentioned from time to time on TV, this must give curiosity to anyone hearing it.
the demand for btc is rising and people buy it more than its value.

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February 04, 2016, 06:27:14 AM
 #54

By 2020 bitcoin be at the range of 3000$ to 4000$. As the question says it may touch 10000 Euros. According to 2010 growth rate
bitcoin would have reached the value. Now the market situation is very worse which gives a hope of rise in price.
I do not think it would be that big price increase, there is no news scene for four years, bitcoin prices will not rise sharply
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February 04, 2016, 06:36:05 AM
 #55

i think the price would be hit $ 1k, i think 4 years, it is not a long time, bitcoin need more time, to be worth like op hope, but it just on speculation, we can't predict the future

Really I guess from my view, price will move more than 2000$ in 2020. 1k may be standard right now. bitcoin gonna a rock the future and world economy soon.Wink
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February 04, 2016, 02:22:25 PM
 #56

I think in 2020 bitcoins will have certain higher value and around 2 times the users database as of now. I think most e-currencies like PerfectMoney and others would be stopped due to the popularity of bitcoins.


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February 04, 2016, 02:30:57 PM
 #57

I actually believe that Bitcoin has a good future.
But I think maybe at that time no longer exist once. Because you never know what might happen.
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February 04, 2016, 02:39:34 PM
 #58

I actually believe that Bitcoin has a good future.
But I think maybe at that time no longer exist once. Because you never know what might happen.

I think the bitcoin has a really good future a head, digital currency's are the future of the worldwide payment methods. Also the bitcoin has a great market cap, its big and is getting bigger everyday plus its the price will be very high long term (2020) I think it will go near the 2000 dollar.
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February 04, 2016, 03:00:49 PM
 #59

I actually believe that Bitcoin has a good future.
But I think maybe at that time no longer exist once. Because you never know what might happen.

I think the bitcoin has a really good future a head, digital currency's are the future of the worldwide payment methods. Also the bitcoin has a great market cap, its big and is getting bigger everyday plus its the price will be very high long term (2020) I think it will go near the 2000 dollar.

With all this fintech by banks on the way, I've started feeling that bitcoin being phased out is a serious possibility. Truth to be told, bitocin was never easy to use or understand. An interesting technology nevertheless but as more time goes by, mass adoption seems to be getting a dream harder to achieve. To be honest, I'd be glad if 5 years from now bitcoin was still receiving the same use it does today.

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February 04, 2016, 08:28:26 PM
 #60

It could be 0 or 1000000 who knows. I have my idea though

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