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Author Topic: Bitcoin in 2020  (Read 57145 times)
pissedoff
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July 17, 2016, 03:50:14 PM
 #1161

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.
The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.
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July 17, 2016, 07:52:08 PM
 #1162

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I am not sure where this figures are coming from, since there hardly seems to be figures available about the amount of users.
Key is adoption. If that grows, the price grows.

i agree with you but maximum people are aware about bitcoin day by day that what is bitcoin and whats the benefits of bitcoin and maximum people want to invest their money in bitcoin than i hope so bitcoin growing its price faster .
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July 17, 2016, 08:07:00 PM
 #1163

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I am not sure where this figures are coming from, since there hardly seems to be figures available about the amount of users.
Key is adoption. If that grows, the price grows.

i agree with you but maximum people are aware about bitcoin day by day that what is bitcoin and whats the benefits of bitcoin and maximum people want to invest their money in bitcoin than i hope so bitcoin growing its price faster .

For the most people it takes time to study bitcoin, so expect from publicity to 12 months to see adaption. Therefore last cycle was in part. First from 13-265 usd which made headlines to newspapers. Then summer 2013 was consolidation and people who read the headlines started studying bitcoin and once they were ready to buy in, the price rose from 70 usd to 1200 usd.
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July 17, 2016, 08:11:49 PM
 #1164

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.
The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

It will be more the 1000 in 2020 but this may not be true
We are still few days from halving so this is only speculation

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Ryananda
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July 18, 2016, 04:56:42 AM
 #1165

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.
The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

It will be more the 1000 in 2020 but this may not be true
We are still few days from halving so this is only speculation

Very true indeed very difficult to guess the price of bitcoin as surely fluctuated every time. Very difficult to guess the price of bitcoin. But I believe in 2020 the price of bitcoin will be better and will continue to grow.
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July 18, 2016, 06:41:06 AM
 #1166

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.
The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

Why is everyone concerned with bitcoin being in a bubble? Or the halving affecting the price. That is very short sighted. We are all here interested in bitcoin because of its huge potential in the world of finance. Do you think the Winklevoss twins are investing in it just to see it go over $1000? No, they are invested because they believe in will explode to over a trillion usd market cap. Now is over a trillion market cap a bubble?

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azguard
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July 18, 2016, 07:04:56 AM
 #1167

If bitcoin's use expands and investments from VC's keep coming and keep getting bigger then I could see bitcoin to be above $1000 easily. I really believe bitcoin will be a big part of our future and you think it will go down? I don't think so, there's no other way but up for btc and some cryptocurrencies.
The bitcoin market price can go above $1000 if we see a bubble because of the block halving and bubbles are bad for bitcoin.

It will be more the 1000 in 2020 but this may not be true
We are still few days from halving so this is only speculation

Very true indeed very difficult to guess the price of bitcoin as surely fluctuated every time. Very difficult to guess the price of bitcoin. But I believe in 2020 the price of bitcoin will be better and will continue to grow.

well if we putt everything so far it is for sure that price will be over 1000 in 2020
question is how much exactly at the moment of reaching 2020 year
think that no ove can speculate or guess right we can only guess range maybe



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Osarman
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July 18, 2016, 07:37:31 AM
 #1168

bitcoin will be going to more high price in 2020 it can be possible that bitcoin can hit 10,000 but it will take too long time .
diegz
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July 18, 2016, 07:40:40 AM
 #1169

bitcoin will be going to more high price in 2020 it can be possible that bitcoin can hit 10,000 but it will take too long time .

2020 is 4 years from now, if you know what I am saying..  There is again a possibility of a larger price increase, much larger than today since it is already 2020 and the bitcoin community is much much bigger than it is now and the demand too is much greater, so a high price is expected to happen at that year.

nururochac
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July 18, 2016, 10:06:18 AM
 #1170

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I think bitcoin has currently around that number and personally I am expecting it to rise due to the rising price which attracts more people who will in turn cause more price rise. It is like a loop and will continue as long as it is let continued. Usually someone just organize some kind of temporal crisis that will make people panic selling their coins and the price drops (like Gox).
Bitcoin is currently on 3 million total of users. (Check it here: https://www.reddit.com/r/Bitcoin/comments/2vuvxs/estimated_number_of_bitcoin_users/)

According to amnesiac-eightyfour
Bitcoin owners: probably 2-3 million
Bitcoin users (actively spending, trading, following news): 200k-500k

The (pseudonymous) character of Bitcoin doesn't allow us to make exact figures, so all figures in this thread, including mine, are just guesses or assumptions.
I think in the end it's not so important how many people use Bitcoin. More important is if the infrastructure is getting stronger and if the network activity is growing. I think all indicators show that's true.
Xitisang
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July 18, 2016, 11:05:00 AM
 #1171

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I think bitcoin has currently around that number and personally I am expecting it to rise due to the rising price which attracts more people who will in turn cause more price rise. It is like a loop and will continue as long as it is let continued. Usually someone just organize some kind of temporal crisis that will make people panic selling their coins and the price drops (like Gox).
Bitcoin is currently on 3 million total of users. (Check it here: https://www.reddit.com/r/Bitcoin/comments/2vuvxs/estimated_number_of_bitcoin_users/)

According to amnesiac-eightyfour
Bitcoin owners: probably 2-3 million
Bitcoin users (actively spending, trading, following news): 200k-500k

The (pseudonymous) character of Bitcoin doesn't allow us to make exact figures, so all figures in this thread, including mine, are just guesses or assumptions.
I think in the end it's not so important how many people use Bitcoin. More important is if the infrastructure is getting stronger and if the network activity is growing. I think all indicators show that's true.

I think the active bitcoin users are fewer than 100,000. If there are more than that, and each has more than 2 transactions per day, there will be huge congestion.
TrueCryptonaire
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July 18, 2016, 03:14:21 PM
 #1172

Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I think bitcoin has currently around that number and personally I am expecting it to rise due to the rising price which attracts more people who will in turn cause more price rise. It is like a loop and will continue as long as it is let continued. Usually someone just organize some kind of temporal crisis that will make people panic selling their coins and the price drops (like Gox).
Bitcoin is currently on 3 million total of users. (Check it here: https://www.reddit.com/r/Bitcoin/comments/2vuvxs/estimated_number_of_bitcoin_users/)

According to amnesiac-eightyfour
Bitcoin owners: probably 2-3 million
Bitcoin users (actively spending, trading, following news): 200k-500k

The (pseudonymous) character of Bitcoin doesn't allow us to make exact figures, so all figures in this thread, including mine, are just guesses or assumptions.
I think in the end it's not so important how many people use Bitcoin. More important is if the infrastructure is getting stronger and if the network activity is growing. I think all indicators show that's true.

Your estimation might be true.
However, I think Bitcoin will more likely increase in adaption rather than stay stagnant or decline. Increased adaption with only 4 % inflation rate with extreme scarcity of number of coins must drive the price up.
I think the only thing which could stop the adaption and crash the price all the way to 0 is some technical issue which will not be solved.
Bitcoin has billions of potential users, and that base increases every day along with population growth. That is the equation why I think bitcoin is still in early adaption phase and everybody reading this can be a pioneer by buying as many bitcoins as you can afford. Try to increase your share of the pie before the masses will find bitcoin out and buy in. That will be madness and even holding 1 bitcoin make you extremely wealthy (getting 0.1 btc will be very hard).
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July 18, 2016, 03:29:27 PM
 #1173

It is hard to say what Bitcoin is going to be like in 2020 but I am sure that not much is going to change except for the price.
What the price is going to be is what I do not know but it has to be high.
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July 19, 2016, 03:08:18 PM
 #1174

It is hard to say what Bitcoin is going to be like in 2020 but I am sure that not much is going to change except for the price.
What the price is going to be is what I do not know but it has to be high.

If the bitcoin is developed continuously, there will be more usage and the users. So the price will rise higher.

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July 19, 2016, 03:20:20 PM
 #1175

It is hard to say what Bitcoin is going to be like in 2020 but I am sure that not much is going to change except for the price.
What the price is going to be is what I do not know but it has to be high.

If the bitcoin is developed continuously, there will be more usage and the users. So the price will rise higher.

What developments are you aiming at beside larger blocks? Don't think there will be much really exciting things that we can expect from the dev team the coming years. But even if they do, then people will still complain and spread fud. Not much will be different from that point.
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July 19, 2016, 07:01:22 PM
 #1176

It is hard to say what Bitcoin is going to be like in 2020 but I am sure that not much is going to change except for the price.
What the price is going to be is what I do not know but it has to be high.

If the bitcoin is developed continuously, there will be more usage and the users. So the price will rise higher.

Like said below, which developments? People here, at least some live in rinse and repeat of bs.
Bitcoin development, bitcoin price reaches 100 milllion billion. It doesn't work that way.  At best bitcoin wallets get a mandatory upgrade, no fancy things.

And it's not the people but the whales who determine the price.
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July 20, 2016, 03:02:14 AM
 #1177

It is hard to say what Bitcoin is going to be like in 2020 but I am sure that not much is going to change except for the price.
What the price is going to be is what I do not know but it has to be high.

Bitcoin is very unpredictable because of fluctuating every time. There may be some changes of bitcoin in order to develop better. And for the price I also hope that the price will be higher and better than now.
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July 20, 2016, 04:45:23 AM
 #1178

It is hard to say what Bitcoin is going to be like in 2020 but I am sure that not much is going to change except for the price.
What the price is going to be is what I do not know but it has to be high.

Bitcoin is very unpredictable because of fluctuating every time. There may be some changes of bitcoin in order to develop better. And for the price I also hope that the price will be higher and better than now.
Bitcoin is right where it needs to be now. In four years it will be a contender for US dollars as a safe haven and with a 10x market cap, it will have a much lower volatility than it does today.
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July 20, 2016, 12:50:44 PM
 #1179

It is hard to say what Bitcoin is going to be like in 2020 but I am sure that not much is going to change except for the price.
What the price is going to be is what I do not know but it has to be high.

Bitcoin is very unpredictable because of fluctuating every time. There may be some changes of bitcoin in order to develop better. And for the price I also hope that the price will be higher and better than now.
Bitcoin is right where it needs to be now. In four years it will be a contender for US dollars as a safe haven and with a 10x market cap, it will have a much lower volatility than it does today.

In 4 years, the bitcoin price could be around $20,000. That depends on the general acceptance of the public.
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July 20, 2016, 01:08:33 PM
 #1180

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
I do not know what the price is going to be like in 2020 but I am looking forward to it because I do not believe that it is not going to be a good year.
We have 3 and a halve years away from 2020 so it is right around the corner.
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