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Author Topic: Bitcoin price by 2020?  (Read 2878 times)
Meuh6879
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December 08, 2016, 11:53:29 PM
 #21

3200 USD before 2020.

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December 09, 2016, 12:42:22 AM
 #22

3200 USD before 2020.


I think it is too high, but it is also possible. Well, I felt that by 2020 the price of bitcoin does not reach the $ 3,000 price. bitcoin price may range from $ 1500 to $ 2400. Well, bitcoin has a limited amount, when all bitcoin has been issued, may amount bitcoin will be added again. and it will make the price is stable in the long term. I think like that

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December 09, 2016, 01:00:27 AM
 #23

think "Exponentially".
after all, when the humanity "switch" ... you have this side effect of a technology.

Bitcoin is a technology after all (build on 1999 standards).
Actual money standard are based on 1900 standards.
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December 09, 2016, 02:09:27 AM
 #24

Long-term prediction of bitcoin price is nothing but pure lottery, it is not even a speculation anymore.

Just let me remind you how optimistic everyone was after that ATH in 2013.  One of these "prophecies" from that time:

"Tim Draper stated how he envisions Bitcoin to hit a $10,000 USD per bitcoin by 2018." - We are still waiting for this to  happen.

https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/
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December 09, 2016, 05:53:46 AM
 #25

By 2020 we will experience halving, so price will surely reach above $1500 - $2000. Also we'll have increased user profile. Bitcoin too will be used as an alternate for transaction needs similar to banks.

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December 09, 2016, 07:29:33 AM
 #26

Yes, it might be more than a $2000 since the bitcoin value is increasing rapidly and many users are still using bitcoin and most probably there are more registrants that will use this in the future.
Then if the user of bitcoin will increase then the value of it totally increase.

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December 09, 2016, 09:42:58 AM
 #27

By 2020 we will experience halving, so price will surely reach above $1500 - $2000. Also we'll have increased user profile. Bitcoin too will be used as an alternate for transaction needs similar to banks.
I think it will on $1000/BTC , but it's hard to reach $1500 even $2000 in the remaining 4 years . In the halving day few months ago , the price is slowly increasing and stay on $750/BTC but still have chance to reach it.

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December 09, 2016, 10:44:23 AM
 #28

100k/btc

I want to believe
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December 09, 2016, 10:59:19 AM
 #29

100k/btc

I want to believe

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When you believe, somehow you will
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December 09, 2016, 11:13:54 AM
 #30

With the current demand trend price can easily surpass $2000 per bitcoin mark quite earlier than 2020 so i think price will be anywhere between 3k to 5k by 2020.

I think your $3k estimate is close to the ball and I'd join you with that tbh. For sure we will have breached $2k.
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December 09, 2016, 11:23:32 AM
 #31

By 2020 we could literally see anything, the price could be ridiculously high or it could crash to next to nothing. Too many variables & possibilities to make a solid prediction.

I hope to see something like $5000 bitcoin's by then personally.

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CyberKuro
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December 09, 2016, 06:14:04 PM
 #32

Thinking mid/long-term, what are your thoughts about Bitcoin's price in 2020?

I think it will be around $2000.

wasn't there already another topic about 2020 price?
and also why do you think it will be $2000 we are talking about 3 complete years from now and in the past two years ish price has gone up 3.8X and what makes you think it will only rise to $2000 in the following 3 years considering after $1000 it won't be that hard.

I would not expect more than $2000 in 3 years later, well $3k isn't impossible but rather than hope it will reach that price, it will more make sense if we expect less and get more than we thought. I mean, don't want to disappoint when the time comes. For now, it better to expect and wait the price reach $1000 in the next year, hopefully there is no problem occurs.
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December 09, 2016, 07:32:59 PM
 #33

By 2020 we could literally see anything, the price could be ridiculously high or it could crash to next to nothing. Too many variables & possibilities to make a solid prediction.

I hope to see something like $5000 bitcoin's by then personally.
As per http://www.bitcoinblockhalf.com the next halving will occur middle of 2020 so we can expect even $10k price levels too.
Still, three years of the time is too far to make a speculation now itself. Most probably by being optimistic, bitcoin will stay strong and we are going to see many surprises in between time.
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December 09, 2016, 07:42:46 PM
 #34

By 2020 we could literally see anything, the price could be ridiculously high or it could crash to next to nothing. Too many variables & possibilities to make a solid prediction.

I hope to see something like $5000 bitcoin's by then personally.
As per http://www.bitcoinblockhalf.com the next halving will occur middle of 2020 so we can expect even $10k price levels too.
Still, three years of the time is too far to make a speculation now itself. Most probably by being optimistic, bitcoin will stay strong and we are going to see many surprises in between time.

   I cant believe what I'm reading here, are you sure in what you wrote here? This is very optimistic, if this can happen that means most of us here will be rich in 4 years from now.
   I wanted to say that price can be double from now, around 1.5 k, that would be reasonable.
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December 10, 2016, 01:56:36 PM
 #35

Long-term prediction of bitcoin price is nothing but pure lottery, it is not even a speculation anymore.

Just let me remind you how optimistic everyone was after that ATH in 2013.  One of these "prophecies" from that time:

"Tim Draper stated how he envisions Bitcoin to hit a $10,000 USD per bitcoin by 2018." - We are still waiting for this to  happen.

https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/


I can confirm I am still waiting for 2018 as well.

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December 10, 2016, 02:06:49 PM
 #36

in 2020 we will have the halving and if it is anything like the last two times block reward was halved then price by that year is going to be at least $2000 and even more. and also if the mass adoption finally happens in this 4 years we may even see the $5000 price finally.

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December 10, 2016, 02:30:19 PM
 #37

My prediction $2000 it is not imposibble bitcoin became pricey than its price in past years so maybe my prediction will be correct

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December 10, 2016, 03:41:02 PM
 #38

I think at that time, if a really large corporation will adopt bitcoin then it would really boost the price beyond imagination. I think there would be a super increase and it will exponentially increase its price. Probably the price will increase to even $10,000 at that time. But without the factor of great adoption by these corporations, then probably the price will still rise up till $4,000 each based from how much the price of bitcoin is rising then it will happen.
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December 10, 2016, 04:02:44 PM
 #39

Halving will be that year, when we predict price for that period we need to consider that.
At the time price is increasing, but just halving will not push price that much, I think in next 4 years we need wider adoption if we wish price to grow.
I'm optimistic like many others when we talk about price, but for now my predictions in most cases was wrong.



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December 11, 2016, 07:42:43 PM
 #40

3200 USD before 2020.



If Seinfield says so then it must be right.

No but seriously I think that 3200 before 2020 is perfectly possible, actually 3200 is insanely conservative, by 2020 we hould already be at 10,000+ dollars per bitcoin almost guaranteed. As the rest of the fiat currencies keep stagnating and the gold keeps confiscated form people's hands, bitcoin will tend its inevitable road towards infinite purchasing power.
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