Elwar (OP)
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July 09, 2016, 04:53:22 PM Last edit: October 08, 2016, 02:43:15 PM by Elwar |
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I predict that on the day of the halving in 2020 the bitcoin price will be $1666.
Edit: Locked due to signature spammers.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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abacus
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July 09, 2016, 05:06:06 PM |
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I predict that on the day of the halving in 2020 the bitcoin price will be $1666.
Come on... why so conservative? My prediction is between 5 and 10 ten times that. So: $8,330 < BTC < $16,660
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European Central Bank
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July 09, 2016, 05:14:42 PM |
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i assume most of the current shit people are agitating about is gonna be dealt with by then so that means scaling, clarified regulation and more solid services. if it ain't past the $4-5000 mark by then then i don't think it ever will.
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Amph
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July 09, 2016, 05:15:33 PM |
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i foresee that it will be around 1800 as a new peak, don't know when it will happen though
for the next halving the peak should be much higher even above 3k
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Dafar
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July 09, 2016, 05:15:41 PM |
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I predict $650
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Mr.grin
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July 09, 2016, 06:21:01 PM |
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I predict $650
I think it was very low, I predict by 2020 the price of bitcoin will rise. I am pretty sure bitcoin price at the time was $ 1,300 and the price is stable. I am currently trying to collect a few coins until the price is $ 1,300 arrived. I think it is a very high price for 1 bitcoin, but I believe bitcoin will be looking at something in the future
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TrueCryptonaire
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July 09, 2016, 06:38:11 PM |
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The inflation of bitcoin is only 4 % pa which is somewhat low. As the currency basis grows, the inflation also drops slowly. And after the halving in 2020 the inflation will be around 1.75 % pa which is lower than the inflation target of some very conservative fiat money systems (European Central Bank).
I think it takes a few months now to readjust the price to this period of lower inflation.
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LFC_Bitcoin
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July 09, 2016, 06:46:47 PM |
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$4050
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-Greed-
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July 09, 2016, 07:21:12 PM |
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According to my analysis it's gonna be 135$ (don't ask how I got the number).
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Odalv
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July 09, 2016, 07:42:01 PM |
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The inflation of bitcoin is only 4 % pa which is somewhat low. As the currency basis grows, the inflation also drops slowly. And after the halving in 2020 the inflation will be around 1.75 % pa which is lower than the inflation target of some very conservative fiat money systems (European Central Bank).
I think it takes a few months now to readjust the price to this period of lower inflation.
It is not the same kind of inflation.
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richardsNY
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July 09, 2016, 07:42:52 PM |
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I think by that time the price will be somewhere around the $2000-$2500 levels. If the price by that time isn't close to this, then it will be a disappointment for sure.
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dhampir-D
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July 09, 2016, 08:04:33 PM |
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4 years... Very difficult to predict. But will be interesting see some thoughts.
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unent
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July 09, 2016, 08:08:46 PM |
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After the next financial crisis before halving day 2020 I predict Bitcoin will be worth $100000.
However discussing the halving day 2020 is like discussing next Christmas on New Year's day. It's a little too soon to be thinking about halving day 2020.
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TrueCryptonaire
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July 09, 2016, 08:14:17 PM |
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After the next financial crisis before halving day 2020 I predict Bitcoin will be worth $100000.
However discussing the halving day 2020 is like discussing next Christmas on New Year's day. It's a little too soon to be thinking about halving day 2020.
I disagree. If you have invested in bitcoin, you need to be in the long run. Personally I think bitcoin can reach true highs after the next halving (and true highs I mean 10 000 000 usd/btc). With the current emission 100 000 usd/btc is very realistic price target. If that is reached it will also guarantee the fact that there will not be too much selling pressure once drops since the current holders have sold the amount of coins they need for survival of the rest of their lives and the remaining bitcoins will be "extra". I think it will reach 100 000 usd within 24 months from now. It is still relatively cheap and therefore you might want to consider to buy a few more since the inflation is not that bad anymore.
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Elwar (OP)
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July 09, 2016, 08:15:33 PM |
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After the next financial crisis before halving day 2020 I predict Bitcoin will be worth $100000.
However discussing the halving day 2020 is like discussing next Christmas on New Year's day. It's a little too soon to be thinking about halving day 2020.
True a lot can happen. We should also predict the price in Trumpistan dollars or Texas lonestars.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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TrueCryptonaire
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July 09, 2016, 08:19:23 PM |
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The inflation of bitcoin is only 4 % pa which is somewhat low. As the currency basis grows, the inflation also drops slowly. And after the halving in 2020 the inflation will be around 1.75 % pa which is lower than the inflation target of some very conservative fiat money systems (European Central Bank).
I think it takes a few months now to readjust the price to this period of lower inflation.
It is not the same kind of inflation. I know. The point is 2 % is considered a low inflation rate, and personally I think 4 % is not that bad either so I am seeing the moon once people realize fully what has just happened.
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socks435
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July 09, 2016, 08:24:31 PM |
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My prediction is 700-900 value in 2020 this is i think the best price will be with bitcoin if you notice the price 2013 halving its just looks same but different value.. so i think 700-900 value..
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European Central Bank
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July 09, 2016, 08:24:56 PM |
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I think it will reach 100 000 usd within 24 months from now. It is still relatively cheap and therefore you might want to consider to buy a few more since the inflation is not that bad anymore.
hot damn. you're thinking big. i think that's way too much of an ask in that amount of time. it would be about one fifth of gold's market cap. millions and millions of people would need to suddenly decide they wanted bitcoin in their life. an attitude change that radical don't happen that fast.
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ajareselde
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July 09, 2016, 08:25:11 PM |
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There's no telling what will happen for sure, but i expect for it to become a lot more used and appreciated, so price range from 5-10k usd should be somewhere in that expectation. But it wouldnt surprise me if the figure goes a lot higher if another bubble or certain high value event happens.
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TrueCryptonaire
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July 09, 2016, 08:37:57 PM |
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I think it will reach 100 000 usd within 24 months from now. It is still relatively cheap and therefore you might want to consider to buy a few more since the inflation is not that bad anymore.
hot damn. you're thinking big. i think that's way too much of an ask in that amount of time. it would be about one fifth of gold's market cap. millions and millions of people would need to suddenly decide they wanted bitcoin in their life. an attitude change that radical don't happen that fast. Not all the bitcoins are for sale at any price. If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever". The people holding them have sold already enough of coins to retire for the rest of their lives and therefore do not feel any urgency to sell all their coins, anyway it is stupid to sell everything. Also a lot of coins have disappeared for ever. However, if this will not happen within 24 months I will not sell all my coins (most likely). ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The time frame was based on the previous bubble which started late 2012 from 13 usd and ended at 1200 usd in Devember 2013 and lasted a little over 12 months.
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