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Author Topic: Bitcoin in 2020  (Read 57185 times)
randy8777
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March 19, 2016, 02:46:52 PM
 #441

it could happen, because at the beginning of 2010 bitcoin price increases, the price reached $ 1,000 in a short time, could in 2020 be $ 2,000 bitcoin prices which commemorates the year of highest bitcoin prices

I doubt that it will reach that amount just to commemorate the years past,maybe it can reach a 1k per btc.
I am expecting the price to be something like $5,000 by 2020. We might hit $1,000 or more in 2017 or 2018.

everything is possible with enough speculation in the markets, but i really hope to see a slower but more sustainable growth throughout the years. otherwise we'll end up seeing the price go down again like we have seen in 2013 after reaching $1000. and i'm sure not many people are waiting for that same thing to happen once again. if there is new money flowing into the bitcoin market, then it will go up even sooner.
gerXhonza
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March 19, 2016, 02:49:46 PM
 #442

it could happen, because at the beginning of 2010 bitcoin price increases, the price reached $ 1,000 in a short time, could in 2020 be $ 2,000 bitcoin prices which commemorates the year of highest bitcoin prices

I doubt that it will reach that amount just to commemorate the years past,maybe it can reach a 1k per btc.
I am expecting the price to be something like $5,000 by 2020. We might hit $1,000 or more in 2017 or 2018.

everything is possible with enough speculation in the markets, but i really hope to see a slower but more sustainable growth throughout the years. otherwise we'll end up seeing the price go down again like we have seen in 2013 after reaching $1000. and i'm sure not many people are waiting for that same thing to happen once again.

Yes we want slow growth but above all we want that price should be stable, if bitcoin is stable then it will encourage more users to start using bitcoin.
BitAurum
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March 19, 2016, 03:02:12 PM
 #443

it could happen, because at the beginning of 2010 bitcoin price increases, the price reached $ 1,000 in a short time, could in 2020 be $ 2,000 bitcoin prices which commemorates the year of highest bitcoin prices

I doubt that it will reach that amount just to commemorate the years past,maybe it can reach a 1k per btc.
I am expecting the price to be something like $5,000 by 2020. We might hit $1,000 or more in 2017 or 2018.

everything is possible with enough speculation in the markets, but i really hope to see a slower but more sustainable growth throughout the years. otherwise we'll end up seeing the price go down again like we have seen in 2013 after reaching $1000. and i'm sure not many people are waiting for that same thing to happen once again.

Yes we want slow growth but above all we want that price should be stable, if bitcoin is stable then it will encourage more users to start using bitcoin.
The growth of bitcoin has been quite fast in the recent years. Bitcoin is volatile and has high risk thus it gives the highest rewards.
bit1
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March 19, 2016, 04:45:49 PM
 #444

2020 before it sounded like something distant but really it's found around the corner. Every year is different and each one  brings different surprises even to BTC.
benmartin613
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March 19, 2016, 06:04:20 PM
 #445

2020 before it sounded like something distant but really it's found around the corner. Every year is different and each one  brings different surprises even to BTC.

The only thing that will surprise me if the bitcoin would become mainstream by that time.
As it has surpasses its doubt by the people that is keeping it down.
MaxTax
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March 19, 2016, 08:59:17 PM
 #446

2020 before it sounded like something distant but really it's found around the corner. Every year is different and each one  brings different surprises even to BTC.

The only thing that will surprise me if the bitcoin would become mainstream by that time.
As it has surpasses its doubt by the people that is keeping it down.

Well if it ain't is mainstream by then i don't expect it to happen ever.
Remember over 11 years will have passed by then. By then there will be over 10 alternatives.
SquallLeonhart
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March 19, 2016, 10:16:05 PM
 #447

2020 before it sounded like something distant but really it's found around the corner. Every year is different and each one  brings different surprises even to BTC.

The only thing that will surprise me if the bitcoin would become mainstream by that time.
As it has surpasses its doubt by the people that is keeping it down.

Well if it ain't is mainstream by then i don't expect it to happen ever.
Remember over 11 years will have passed by then. By then there will be over 10 alternatives.

I won't be surprised to see many new currencies by that time, bitcoin will also popular and with higher price but it will be facing some tough competition from new entrants.
Ryananda
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March 20, 2016, 07:28:13 AM
 #448

2020 before it sounded like something distant but really it's found around the corner. Every year is different and each one  brings different surprises even to BTC.
It is appropriate at all and I agree with your opinion. I feel confident that properly every year is different bitcoin will be no surprises and the increase in bitcoin will occur in the period up to 2020 but bitcoin could also decline even if it is not comparable to the increase.
ronaldo40
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March 20, 2016, 07:43:11 AM
 #449

2020 before it sounded like something distant but really it's found around the corner. Every year is different and each one  brings different surprises even to BTC.
It is appropriate at all and I agree with your opinion. I feel confident that properly every year is different bitcoin will be no surprises and the increase in bitcoin will occur in the period up to 2020 but bitcoin could also decline even if it is not comparable to the increase.
bitcoin prices should be increased every year. because I see a lot of positive news about bitcoin. like some companies or countries have adopted bitcoin. and also users of bitcoin every year has increased.

1Referee
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March 20, 2016, 08:52:58 AM
 #450

2020 before it sounded like something distant but really it's found around the corner. Every year is different and each one  brings different surprises even to BTC.
It is appropriate at all and I agree with your opinion. I feel confident that properly every year is different bitcoin will be no surprises and the increase in bitcoin will occur in the period up to 2020 but bitcoin could also decline even if it is not comparable to the increase.
bitcoin prices should be increased every year. because I see a lot of positive news about bitcoin. like some companies or countries have adopted bitcoin. and also users of bitcoin every year has increased.

Countries have adopted Bitcoin? Can you please tell me what countries you are talking about that have adopted Bitcoin? I must have missed the news I guess...
gilangIDR
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March 20, 2016, 09:14:59 AM
 #451

I believe in 2020 bitcoin will be able to compete with paypal. even a credit card will be abandoned. bitcoin will have a very high price and bitcoin will be recognized as legitimate payment media by government and financial entities in the world.
BitAurum
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March 20, 2016, 10:07:27 AM
 #452

I believe in 2020 bitcoin will be able to compete with paypal. even a credit card will be abandoned. bitcoin will have a very high price and bitcoin will be recognized as legitimate payment media by government and financial entities in the world.
Isn't 2020 too early for bitcoin to overtake Paypal and many of the major payment networks?
OrangeII
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March 20, 2016, 10:17:37 AM
 #453

I believe in 2020 bitcoin will be able to compete with paypal. even a credit card will be abandoned. bitcoin will have a very high price and bitcoin will be recognized as legitimate payment media by government and financial entities in the world.
Isn't 2020 too early for bitcoin to overtake Paypal and many of the major payment networks?
I guess no need in 2020 to compete with PayPal, I think even now bitcoin be the biggest rival for paypal, and I firmly believe 2020 Paypal accept bitcoin, and bitcoin be greater than paypal

alisafidel58
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March 20, 2016, 10:41:32 AM
 #454

I believe in 2020 bitcoin will be able to compete with paypal. even a credit card will be abandoned. bitcoin will have a very high price and bitcoin will be recognized as legitimate payment media by government and financial entities in the world.
Isn't 2020 too early for bitcoin to overtake Paypal and many of the major payment networks?
I guess no need in 2020 to compete with PayPal, I think even now bitcoin be the biggest rival for paypal, and I firmly believe 2020 Paypal accept bitcoin, and bitcoin be greater than paypal


Paypal will become bankrupt in the year 2020 as bitcoin will be mainly used to buy at amazon,ebay and others.
Bitcoin right now has a huge traffic volume compared to paypal.
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March 20, 2016, 10:58:33 AM
 #455

Bitcoin right now has a huge traffic volume compared to paypal.
That traffic volume is due to trading, not because of buying items. I don't even think one percent of the bitcoin volume is used for actual sales.

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Altcoinsupporter
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March 20, 2016, 11:26:22 AM
 #456

Bitcoin right now has a huge traffic volume compared to paypal.
That traffic volume is due to trading, not because of buying items. I don't even think one percent of the bitcoin volume is used for actual sales.

Yes but the fact it is still increasing is very promising. I shows more people are stepping into bitcoin.
And offcourse i don't count the chinese exchanges witht he fake volumes.
randy8777
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March 20, 2016, 12:26:01 PM
 #457

it could happen, because at the beginning of 2010 bitcoin price increases, the price reached $ 1,000 in a short time, could in 2020 be $ 2,000 bitcoin prices which commemorates the year of highest bitcoin prices

I doubt that it will reach that amount just to commemorate the years past,maybe it can reach a 1k per btc.
I am expecting the price to be something like $5,000 by 2020. We might hit $1,000 or more in 2017 or 2018.

everything is possible with enough speculation in the markets, but i really hope to see a slower but more sustainable growth throughout the years. otherwise we'll end up seeing the price go down again like we have seen in 2013 after reaching $1000. and i'm sure not many people are waiting for that same thing to happen once again.

Yes we want slow growth but above all we want that price should be stable, if bitcoin is stable then it will encourage more users to start using bitcoin.
The growth of bitcoin has been quite fast in the recent years. Bitcoin is volatile and has high risk thus it gives the highest rewards.

it's normal as there was a period of a few years where a lot new people were popping up. that on top of all the media attention when the price was breaking record high after record high. it made a lot people interested and hoping to catch the jackpot and to be a millionaire with just a small amount of money. these times are over. i think the growth that we will see the coming years will be slower than we are used to.
armansolis593
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March 20, 2016, 01:42:49 PM
 #458

it could happen, because at the beginning of 2010 bitcoin price increases, the price reached $ 1,000 in a short time, could in 2020 be $ 2,000 bitcoin prices which commemorates the year of highest bitcoin prices

I doubt that it will reach that amount just to commemorate the years past,maybe it can reach a 1k per btc.
I am expecting the price to be something like $5,000 by 2020. We might hit $1,000 or more in 2017 or 2018.

everything is possible with enough speculation in the markets, but i really hope to see a slower but more sustainable growth throughout the years. otherwise we'll end up seeing the price go down again like we have seen in 2013 after reaching $1000. and i'm sure not many people are waiting for that same thing to happen once again.

Yes we want slow growth but above all we want that price should be stable, if bitcoin is stable then it will encourage more users to start using bitcoin.
The growth of bitcoin has been quite fast in the recent years. Bitcoin is volatile and has high risk thus it gives the highest rewards.

it's normal as there was a period of a few years where a lot new people were popping up. that on top of all the media attention when the price was breaking record high after record high. it made a lot people interested and hoping to catch the jackpot and to be a millionaire with just a small amount of money. these times are over. i think the growth that we will see the coming years will be slower than we are used to.

Those years are really over since the price then where made by willy bot whos manipulating Mt. Gox.
There wont be any 1k bitcoin price in just a few months or so.
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March 20, 2016, 01:44:48 PM
 #459

We do not know about tomorrow and you ask for 2020?

jkrules
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March 20, 2016, 02:31:23 PM
 #460

We do not know about tomorrow and you ask for 2020?

don't think about that just hope for it. if bitcoin continues on the same path that it is on right now, it is going to be worth a lot more than 370-400 USD which is worth now. because people are starting to know more about bitcoin and realize that all the FUD surrounding it was just FUD and start using it. which will lead to mass adoption and value increase.
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