Bitcoin in 2020

[Kevin77]

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

Yes, it could be 1000000 if the major powers gave intension to it, and they adopt it as their worldwide currency and support it, plus the people adopt it with more interest. But there are no chances in my view to reach zero as bitcoin is proven why it is invented and it's a necessary solution for digital world.

[fuathan]

It could be 0 or 1000 Euro at best. Nothing more.

If they get rid of structural problems than it will be hunder thousand dollar because its scarcity...

[HarryKPeters]

It could be 0 or 1000 Euro at best. Nothing more.

If they get rid of structural problems than it will be hunder thousand dollar because its scarcity...

Yes without problems, the potential is realy big. 6 billion people completing for 21M bitcoins..
Just imagine what will happen..

[Bestwishes745]

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

Yes, it could be 1000000 if the major powers gave intension to it, and they adopt it as their worldwide currency and support it, plus the people adopt it with more interest. But there are no chances in my view to reach zero as bitcoin is proven why it is invented and it's a necessary solution for digital world.

You are true, there are a number of people who are saying about the bitcoin price to reach at 0 , I think how foolish they are. How can a currency reach to 0. there are chances and a number of currencies have faced the lowest fraction of 1 but did not reached 0.

[European Central Bank]

That's only three and some years away. A lot could happen or maybe it'll stagnate badly. Either way with another halving by then we'd better see some real adoption taking place. It needs to start delivering to justify the faith people got.

[vrm86]

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

Yes, it could be 1000000 if the major powers gave intension to it, and they adopt it as their worldwide currency and support it, plus the people adopt it with more interest. But there are no chances in my view to reach zero as bitcoin is proven why it is invented and it's a necessary solution for digital world.

You are true, there are a number of people who are saying about the bitcoin price to reach at 0 , I think how foolish they are. How can a currency reach to 0. there are chances and a number of currencies have faced the lowest fraction of 1 but did not reached 0.

You're right, but this is no the point of discussion. If someday bitcoin will cost 0,00000001 $ it will be practically dead. Number of decimals does not matter if coin has no practically value.

[Supercrypt]

-snip-
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.

The bitcoin is increasing only with the increasing number of online earners, only online earners are getting knowledge about it, I have noticed a lot of large institutes which do not give any knowledge about bitcoin to the students.
We need to educate our students in their educational institutes, which is the way for its real promotion and support.

[alani123]

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

Yes, it could be 1000000 if the major powers gave intension to it, and they adopt it as their worldwide currency and support it, plus the people adopt it with more interest. But there are no chances in my view to reach zero as bitcoin is proven why it is invented and it's a necessary solution for digital world.

You are true, there are a number of people who are saying about the bitcoin price to reach at 0 , I think how foolish they are. How can a currency reach to 0. there are chances and a number of currencies have faced the lowest fraction of 1 but did not reached 0.

You're right, but this is no the point of discussion. If someday bitcoin will cost 0,00000001 $ it will be practically dead. Number of decimals does not matter if coin has no practically value.

Yeah, many use cases would no longer be efficient but it would for example be very cheap to enter any data in the blockchain. That's only if the network is kept alive though.

[DomesticTrader]

My perception is bitcoin may be not there in 2020. There are too many problems.
Mining getting centralized
Blocksize discussion
Pump and dumps..

[Moneyburner]

It will have to go up or it won't exist, period. I think it will do enough to stay alive but I'm not sure if we will see thousands of dollars a coin. Well see however

[justspare]

My prediction is $1000. The price is not really rising now, but I hope that it starts soon.

[x13]

It highly depends if Bitcoin technology could be further developed. There are a lot of challenges like the outblowing blockchain, low transactions per seconds and so on. Startups like Blockstream what is developing a sidechain could be the solution. Then Bitcoin will definitely reach new highs.

[greBit]

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.

Sorry for the spelling for I am french .

Thank you for your replies

I don't think anybody can give you a definitive answer on what the price will be in 2020.

My hope is around 10,000 per bitcoin, that'd be a dream.

yes hope so too, but I guess the price of bitcoin will not be as expensive as it was in 2020, I think it was only about $ 1,500 just for 1 bitcoin, because if the price is like that, bitcoin must have been very measure

It's a tough job to predict what's gonna be Bitcoin value in 2020 but if it goes high then it's really good for us

[zeaderza]

I dream that in 2020 Bitcoin to have a bigger price. Until then we will have two halving,and muck power mining for mining fewer bitcoin.

[Hellacopter]

I guess Bitcoin in 2020 will be more stable and more popularized because more people will use it and more great marketplaces will use as well as payment processor, also it's price will increase during this period in my opinion

[PakistanHockeyfan]

It might be the same for all we know. There's no way it'll be worth. 1,000 though. My prediction is that it'll hit that spark, but it won't be stagnant within that price range for long. I've noticed Bitcoin only grows about $10 a year, but fluxuate up and down within that year.

[nejibens]

I think, in 2020 Bitcoin will be more stable and with the highest price and a bigger community of users and supporters worldwide

[salinizm]

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.

Sorry for the spelling for I am french .

Thank you for your replies

i have a bad news for you unfortunately, it wont be 10.000 euro in 2020 . in 2020, it will be 10.000 dollars..

[Ruzka]

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

Yes, it could be 1000000 if the major powers gave intension to it, and they adopt it as their worldwide currency and support it, plus the people adopt it with more interest. But there are no chances in my view to reach zero as bitcoin is proven why it is invented and it's a necessary solution for digital world.

There is more chance of it breaking and dying reaching 0 than 1,000,000. There is more chance of it reaching 0 than it being accepted as a alone standing worldwide currency while being backed by government.
Answering the op though it is not out of the realm of possibilities for it to reach 10k in a few years.
All I really know is it has come along way and one thing is for sure we can't control it either way so lets just wait and see.

[fuathan]

It could be 0 or 1000 Euro at best. Nothing more.

If they get rid of structural problems than it will be hunder thousand dollar because its scarcity...

Yes without problems, the potential is realy big. 6 billion people completing for 21M bitcoins..
Just imagine what will happen..

Absolutely!.. Even if 1 billion adapt BTC, every satoshi will be more important than today...