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Author Topic: Bitcoin in 2020  (Read 57145 times)
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June 18, 2016, 03:49:26 PM
 #961

The bitcoin value is really unpredictable. We can never know what will happen to it in the future. Well, its not just about the price thus also the benefits and the advantage we get from it. Still btc we consider as a currency.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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June 18, 2016, 04:11:18 PM
 #962

The bitcoin value is really unpredictable. We can never know what will happen to it in the future. Well, its not just about the price thus also the benefits and the advantage we get from it. Still btc we consider as a currency.
Yeah we don't see what will happen in the future but i think more adoption will come with bitcoin because if you know brazil bitcoin is success there and they have 150 store are accepting bitcoin as payment.. so it will happen too in other country..
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June 18, 2016, 05:43:56 PM
 #963

The bitcoin value is really unpredictable. We can never know what will happen to it in the future. Well, its not just about the price thus also the benefits and the advantage we get from it. Still btc we consider as a currency.

It is unpredictable but on the longer term we can all agree the price will see a new high when we are in 2020.
My guess is it will even get to 2k in  2020
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June 18, 2016, 06:29:42 PM
 #964

The bitcoin value is really unpredictable. We can never know what will happen to it in the future. Well, its not just about the price thus also the benefits and the advantage we get from it. Still btc we consider as a currency.

It is unpredictable but on the longer term we can all agree the price will see a new high when we are in 2020.
My guess is it will even get to 2k in  2020

I see that happen too. Maybe even higher suppose bitcoin is being adopted in 2020. Adopted by many shops. Then it's logic the price is real high, because
consumers are being bitcoins, investment firms are buy bitcoin etc.
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June 18, 2016, 08:31:14 PM
 #965

I think in that year the bitcoin will be stable on a certain point, of course this is still not really predictable but this is just what I think its just a matter of time in my eyes.
It has a pretty good future a head maybe there even will be another halving in that year.
No at least till that year we cannot say that the price of bitcoin will come to stability, from now till that era the price of bitcoin will increase continuously and this pricing will continue till the next year or more.

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June 19, 2016, 08:05:25 AM
 #966

The bitcoin value is really unpredictable. We can never know what will happen to it in the future. Well, its not just about the price thus also the benefits and the advantage we get from it. Still btc we consider as a currency.

It is unpredictable but on the longer term we can all agree the price will see a new high when we are in 2020.
My guess is it will even get to 2k in  2020

I see that happen too. Maybe even higher suppose bitcoin is being adopted in 2020. Adopted by many shops. Then it's logic the price is real high, because
consumers are being bitcoins, investment firms are buy bitcoin etc.
Yes if bitcoin widely adopted it will help advance bitcoin in 2020. There will be many people who know bitcoin if adopted and will be better bitcoin prices in the market. So bitcoin progress and development.
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June 19, 2016, 02:15:52 PM
 #967

The thing is, will it exist till then?
If it does, then I think no one can beat it rising above 10000, as we will see it there in 2020 if that halving takes place again before all coins mined.
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June 19, 2016, 02:17:20 PM
 #968

I'd like to hope we'll see something like $5,000 bitcoin's by 2020 assuming bitcoin is alive & well.
We're going to need to see vastly more users & widespread adoption though.

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June 19, 2016, 02:46:48 PM
 #969

I'd like to hope we'll see something like $5,000 bitcoin's by 2020 assuming bitcoin is alive & well.
We're going to need to see vastly more users & widespread adoption though.
4 years is enough to make bitcoin a well known in all parts of the world..with the help of those social media sites they can spread the bitcoin fever.
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June 19, 2016, 02:51:46 PM
 #970

I'd like to hope we'll see something like $5,000 bitcoin's by 2020 assuming bitcoin is alive & well.
We're going to need to see vastly more users & widespread adoption though.
yes all could happen. even 10,000 USD. with more and more use of bitcoin by various circles of society, the higher the price of bitcoin. bitcoin economic system will be stronger.

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June 19, 2016, 02:57:32 PM
 #971

Not really wishing for a certain amount but the only thing I am hoping is that bitcoin would still be valuable on that year and if possible, higher value. Wink
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June 19, 2016, 03:13:42 PM
 #972

in 2020 bitcoin can be use in offline mode ?  Undecided
This is a big benefit to bitcoin users and might be the reason to pump its price up to 500%-1000%, considering that the one reason why people dont want to use bitcoin is because of considered requirement such as internet.
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June 19, 2016, 03:28:51 PM
 #973

in 2020 bitcoin can be use in offline mode ?  Undecided

nah. transactions need to get their confirmations, which is only possible if you're connected to the internet. otherwise you can double spend your coins nearly everywhere. Grin
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June 19, 2016, 04:01:51 PM
 #974

in 2020 bitcoin can be use in offline mode ?  Undecided

nah. transactions need to get their confirmations, which is only possible if you're connected to the internet. otherwise you can double spend your coins nearly everywhere. Grin

Exactly, internet is mandatory when it comes to bitcoin transactions, no internet..no bitcoin, but the fact is the speed of internet will also get better and better by that time.
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June 19, 2016, 05:26:04 PM
 #975

The bitcoin value is really unpredictable. We can never know what will happen to it in the future. Well, its not just about the price thus also the benefits and the advantage we get from it. Still btc we consider as a currency.

I think if things move on the way bitcoin is growing up these days, after four years in 2020, bitcoin can reach all time high value of 10000$ and seeing the market cap of only 12 billion it is very much possible.
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June 19, 2016, 05:29:07 PM
 #976

I think in that year the bitcoin will be stable on a certain point, of course this is still not really predictable but this is just what I think its just a matter of time in my eyes.
It has a pretty good future a head maybe there even will be another halving in that year.
Yes, I also have heard a few days ago that in 2020 another halving will occur, and once again people will start to collect bitcoin and everyone will once again earn a lot of bitcoin just by holding that.

Block halvings happen every four years. In the runup to that block halving the price must increase with at least 100-200% from the current price in order to keep mining rewarding with just 6.25 BTC per block.

I would expect it to double compared to the price in 2019, not the current price.
There are a lot of things which can happen in between now and 2019.
The price in 2019 might be very different from the current price.

I am quite sure that the price will be far different at that time compared to how it is right now. More people and investors will find their way to Bitcoin, which will result in the price increasing throughout the years. At least, that's how it should be.
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June 20, 2016, 12:23:58 AM
 #977

in 2020 bitcoin can be use in offline mode ?  Undecided

nah. transactions need to get their confirmations, which is only possible if you're connected to the internet. otherwise you can double spend your coins nearly everywhere. Grin

Exactly, internet is mandatory when it comes to bitcoin transactions, no internet..no bitcoin, but the fact is the speed of internet will also get better and better by that time.

Even so, something might be invented, for example spend your btc using wireless or bluetooh only  without are connected to internet, Only the  server or node receiving and validating transactions or some type of physical coin,prepaid cards,etc,etc.
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June 20, 2016, 12:34:16 AM
 #978

Nothing is impossible. I see a better improvement for the future of bitcoins, new features will exist. It would be really great if the price double compare the current now.

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June 20, 2016, 02:17:48 AM
 #979

Nothing is impossible. I see a better improvement for the future of bitcoins, new features will exist. It would be really great if the price double compare the current now.

i hope it too, but i think the price can't be rising like you say, the current price arround $750, if the price rise 100% (double) to $1400 i think it's need more time, maybe next 30year.
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June 20, 2016, 06:54:30 AM
 #980

The most people are expecting that Bitcoin will be the best and most used payment method in 2020 but personally I dont think that it will happen that soon.
There are now a lot of people that is still using their own money because they dont even know how Bitcoin works and that is the problem, first you have to promote it more.
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