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Author Topic: Bitcoin in 2020  (Read 57145 times)
BigBos
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April 05, 2016, 02:28:11 AM
 #601

perhaps by 2020 there will be a coin which is better than the bitcoin, and who developed the coin is the government, and the coins may be received around the world, so you can go anywhere without the hassle of changing money
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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April 05, 2016, 05:03:39 AM
 #602

perhaps by 2020 there will be a coin which is better than the bitcoin, and who developed the coin is the government, and the coins may be received around the world, so you can go anywhere without the hassle of changing money
I think the government will not issue coins as bitcoin because I think it would not be possible. However, if the coin will appear in addition to bitcoin will happen, but if bitcoin can go forward and there were many changes to be good it will not be a problem.
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April 05, 2016, 07:24:06 AM
 #603

perhaps by 2020 there will be a coin which is better than the bitcoin, and who developed the coin is the government, and the coins may be received around the world, so you can go anywhere without the hassle of changing money

If it's not decentralized, I think it won't bitcoin IMO..Maybe government can copy the technology but still, it won't beat bitcoin and most probably if it comes out in the market, those who wants to hide their wealth from the government might not use it..
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April 05, 2016, 08:52:34 AM
 #604

Bitcoin in 2020 will not only be bitcoin's year. Maybe next year up to 2020, some of the other crypto's will share spotlights to bitcoin. If this happen, the road to $1k or even $2k price per BTC1 will really have a low chance to happen.


For me there will no other coin that can out wit bitcoin,the 1k in 2020 is still possible because there will be a new halving on that year.
And it is also a possibility that the price reach to that much value which the OP has mentioned as if the price can reach from 0.01 euro to 400 eoru with 6 years then in the coming 4 years it is also a possibility.

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April 05, 2016, 01:59:03 PM
 #605

We can say that in 2020 we will have ood price seem like  around 1000 would be good one

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April 05, 2016, 02:03:00 PM
 #606

We can say that in 2020 we will have ood price seem like  around 1000 would be good one

Yeah bitcoin has a potential to reach that value by the year 2020 as many of us are predicting that we will see the value of $1k by the end of year 2016 and if it happens then we can expect much higher price by 2020.
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April 06, 2016, 11:14:30 AM
 #607

Bitcoin in 2020 will not only be bitcoin's year. Maybe next year up to 2020, some of the other crypto's will share spotlights to bitcoin. If this happen, the road to $1k or even $2k price per BTC1 will really have a low chance to happen.


For me there will no other coin that can out wit bitcoin,the 1k in 2020 is still possible because there will be a new halving on that year.
And it is also a possibility that the price reach to that much value which the OP has mentioned as if the price can reach from 0.01 euro to 400 eoru with 6 years then in the coming 4 years it is also a possibility.
That's right, we all hope 2020 bitcoin prices rise so we could get lucky. I also hope that it will happen and will continue to rise so that bitcoin will continue to grow.
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April 06, 2016, 11:48:26 AM
 #608

We can say that in 2020 we will have ood price seem like  around 1000 would be good one

Yeah bitcoin has a potential to reach that value by the year 2020 as many of us are predicting that we will see the value of $1k by the end of year 2016 and if it happens then we can expect much higher price by 2020.

the majority of the people here have way too high/unrealistic expectations of the price. how can we dream about $1000 while we still haven't managed to break through the $500 price level. i think it's fair to talk about the price reaching $1000 when we have touched the $800 price level, and not before that.
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April 06, 2016, 12:07:57 PM
 #609

We can say that in 2020 we will have ood price seem like  around 1000 would be good one

Yeah bitcoin has a potential to reach that value by the year 2020 as many of us are predicting that we will see the value of $1k by the end of year 2016 and if it happens then we can expect much higher price by 2020.

the majority of the people here have way too high/unrealistic expectations of the price. how can we dream about $1000 while we still haven't managed to break through the $500 price level. i think it's fair to talk about the price reaching $1000 when we have touched the $800 price level, and not before that.

$1000 is not unrealistic as two halving will happen (2016,2020) and will increase their "hopes" and "speculations" of price increase.

The most unrealistic here is pointing the value to $2000 and above.
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April 06, 2016, 04:36:31 PM
 #610

We can say that in 2020 we will have ood price seem like  around 1000 would be good one

Yeah bitcoin has a potential to reach that value by the year 2020 as many of us are predicting that we will see the value of $1k by the end of year 2016 and if it happens then we can expect much higher price by 2020.

the majority of the people here have way too high/unrealistic expectations of the price. how can we dream about $1000 while we still haven't managed to break through the $500 price level. i think it's fair to talk about the price reaching $1000 when we have touched the $800 price level, and not before that.

$1000 is not unrealistic as two halving will happen (2016,2020) and will increase their "hopes" and "speculations" of price increase.

The most unrealistic here is pointing the value to $2000 and above.

From 2020, the halving will have much less effect on the price as most coin would have been mined by then.

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April 06, 2016, 05:18:33 PM
 #611

We can say that in 2020 we will have ood price seem like  around 1000 would be good one
i doubt hat the price will be so low by that time, right now bitcoin price has a lot of potential to grow and i believe that there will soon be a big pump that will push the price up

i think that we might reach such high numbers as 5 thousand dollars per bitcoin by that time so bitcoin is definitely a great investment option right now to be honest

 
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Ryananda
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April 07, 2016, 02:06:39 AM
 #612

We can say that in 2020 we will have ood price seem like  around 1000 would be good one

Yeah bitcoin has a potential to reach that value by the year 2020 as many of us are predicting that we will see the value of $1k by the end of year 2016 and if it happens then we can expect much higher price by 2020.

the majority of the people here have way too high/unrealistic expectations of the price. how can we dream about $1000 while we still haven't managed to break through the $500 price level. i think it's fair to talk about the price reaching $1000 when we have touched the $800 price level, and not before that.

$1000 is not unrealistic as two halving will happen (2016,2020) and will increase their "hopes" and "speculations" of price increase.

The most unrealistic here is pointing the value to $2000 and above.
Yes I also wish you the best of bitcoin so the price is high and could benefit us. Hopefully in 2020 bitcoin will experience great improvement and the price will continue to rise.
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April 07, 2016, 03:05:17 PM
 #613


Yes I also wish you the best of bitcoin so the price is high and could benefit us. Hopefully in 2020 bitcoin will experience great improvement and the price will continue to rise.

You don't need to wait for 2020 if you like at least 100% or above price increase.

If all the halving trend output will follow you will have a nice insights of the price starting from end of the year.
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April 08, 2016, 09:02:06 AM
 #614


Yes I also wish you the best of bitcoin so the price is high and could benefit us. Hopefully in 2020 bitcoin will experience great improvement and the price will continue to rise.

You don't need to wait for 2020 if you like at least 100% or above price increase.

If all the halving trend output will follow you will have a nice insights of the price starting from end of the year.

That is right. By the end of the year, the bitcoin price will be at least $800. If the block size is increased to 2MB, it will be over $1000.

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JeanMcCoy
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April 08, 2016, 02:41:10 PM
 #615

The bitcoin in 2020 will most likely be a lot bigger than every before, its already growing in users everyday and I think in 2020 there also will be a lot of stores that are accepting the bitcoin as a pay method.
The bitcoin will also most likely if its keeps like this have another halving in that year so that can also be a good thing.

Yeah that is true, if the supply of coins will be half in two every halving and the users is also increasing  there will come a time that we will be seeing a higher price than it is today..Lets just hope that  the number  of people who have interest in bitcoin would double each year so we can see a very high price when they are all holding a coin..


The bad thing of Bitcoin is that the value of Bitcoin is impossible to predict, so you never know what will happen later in the future with the value of Bitcoin so we can only wait for it and see.
I personally think that Bitcoin will have a higher value than now, so there will be also more people that is using some Bitcoins.
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April 08, 2016, 03:40:39 PM
 #616


The bad thing of Bitcoin is that the value of Bitcoin is impossible to predict, so you never know what will happen later in the future with the value of Bitcoin so we can only wait for it and see.
I personally think that Bitcoin will have a higher value than now, so there will be also more people that is using some Bitcoins.

Are you sick? How come it's bad for bitcoin just because it's impossible to predict it's price? We can't gain profits if all people will know the right value in the future.

You will never grow if you don't face some risk in this crypto.
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April 11, 2016, 09:18:17 AM
 #617


The bad thing of Bitcoin is that the value of Bitcoin is impossible to predict, so you never know what will happen later in the future with the value of Bitcoin so we can only wait for it and see.
I personally think that Bitcoin will have a higher value than now, so there will be also more people that is using some Bitcoins.

Are you sick? How come it's bad for bitcoin just because it's impossible to predict it's price? We can't gain profits if all people will know the right value in the future.

You will never grow if you don't face some risk in this crypto.

The Bank of American Merril Lynch gave a valuation of bitcoin about $1200. They use the the on line transaction volume, remittence volume and investment to value the bitcoin.

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Ryananda
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April 11, 2016, 03:23:56 PM
 #618


The bad thing of Bitcoin is that the value of Bitcoin is impossible to predict, so you never know what will happen later in the future with the value of Bitcoin so we can only wait for it and see.
I personally think that Bitcoin will have a higher value than now, so there will be also more people that is using some Bitcoins.

Are you sick? How come it's bad for bitcoin just because it's impossible to predict it's price? We can't gain profits if all people will know the right value in the future.

You will never grow if you don't face some risk in this crypto.
Yes very true this is all about strategy. If we have a good strategy to collect bitcoin certainly we will benefit very much. Bitcoin in 2020 there will be new and much improved.
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April 13, 2016, 07:44:06 AM
Last edit: April 17, 2016, 11:01:16 PM by Zacudis
 #619


The bad thing of Bitcoin is that the value of Bitcoin is impossible to predict, so you never know what will happen later in the future with the value of Bitcoin so we can only wait for it and see.
I personally think that Bitcoin will have a higher value than now, so there will be also more people that is using some Bitcoins.

Are you sick? How come it's bad for bitcoin just because it's impossible to predict it's price? We can't gain profits if all people will know the right value in the future.

You will never grow if you don't face some risk in this crypto.
Yes very true this is all about strategy. If we have a good strategy to collect bitcoin certainly we will benefit very much. Bitcoin in 2020 there will be new and much improved.

I think the developers have enough funds to develop the bitcon further. It will be a better coin in the future.  Not to mention that Bitcoin even in its current state will be much more available in 2020, and im sure that it will be up there with standard currency as an alternative.  for it to do any less is highly unlikely due to the fact that it is already widely available, and has a very strong foothold in markets.

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FabioDelcatto
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April 13, 2016, 08:23:29 AM
 #620


The bad thing of Bitcoin is that the value of Bitcoin is impossible to predict, so you never know what will happen later in the future with the value of Bitcoin so we can only wait for it and see.
I personally think that Bitcoin will have a higher value than now, so there will be also more people that is using some Bitcoins.

Are you sick? How come it's bad for bitcoin just because it's impossible to predict it's price? We can't gain profits if all people will know the right value in the future.

You will never grow if you don't face some risk in this crypto.
Bitcoin in 2020 will be not that best now in the future because the value is now not high enough to sell it and there are many people who are waiting for a price increase.
Sometimes you can wait a really long time until the value will be more later.
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