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Author Topic: The price of Bitcoin in 2020  (Read 8232 times)
allohha
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November 01, 2017, 07:20:31 PM
 #61

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.
are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .
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November 01, 2017, 07:31:08 PM
 #62

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.
are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

You don't need forecasts for this. My personal target is around $100.000 too. This is normal when we take the global demand into account and it's reasonable to hold our bitcoin for the next years.
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November 01, 2017, 07:36:42 PM
 #63

i know someone buy with all his money BTC and ETH for his grandson More than 200k$
and say hope it will be with 100k per 1BTC
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November 01, 2017, 07:57:44 PM
 #64

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.
are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

You don't need forecasts for this. My personal target is around $100.000 too. This is normal when we take the global demand into account and it's reasonable to hold our bitcoin for the next years.
You are really right if someone has a goal and To reach the maximum values ​​and Bitcoin, everyone will expect and store their coins. It seems to me that even if we talk about forecasts, the majority is still implemented, as well as the fact that the price of Bitcoin rises to the predicted value.
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November 01, 2017, 09:00:35 PM
 #65

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)


I thing the first scenario which is scenario "A" may likely play out and before 2020 many of us most have been able to explain bitcoin to those who find it very difficult to believe in the significant of this great technology called blockchain. I am also happy and this is also a sign that bitcoin is going mainstream as there is a rumors on the social media that bitcoin is going to be adopted as a mode of payment by Amazon and if this happens then we expect to see bitcoin price in green by 2020.
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November 01, 2017, 09:17:40 PM
 #66

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .
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November 01, 2017, 09:23:36 PM
 #67

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

$10,000 is expected to come on 2018 so that will be a long time if bitcoin will reach $10k on 2020. And if I can remember, this is the year that McAfee said that bitcoin will be reaching $500,000 I'm not that exaggerated but I have some 10%-20% belief on what he said. But in my speculation on this year we will be hitting $20,000 - $30,000 as the popularity of bitcoin increases, it's value will increase too.



 

 

 

 

 

 


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Visbay
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November 02, 2017, 03:59:52 AM
 #68

My speculation is positive about bitcoin in 2020 year, I would guess bitcoin would be double in 2020, also after 3 and half years ago 2020 year will be come, then it mean it is not far away. But i believe bitcoin would have price $6000 after 3 years. May be it  more but i have surety that at least bitcoin would be cross at $6000.
yes that is right that in 2020 i am sure that bitcoin price will be trading more above than 6000$. because still there is really a good potential and its price will continue increasing from time time, therefore   i think still there is good opportunity to invest money in bitcoin.

It seems to me that in three years the price of bitcoin will increase several times. I hope that we will see 10,000 dollars for bitcoin. The price grows faster than before. Many countries have already taken bitcoin and many will still take
Well I think it’s a very hard prediction about bitcoin that what will be the price but there is no doubt and it’s also confirm that the price will high in 2020 so we just need to give some time to bitcoin and as we know that in a short time bitcoin achieved a very good targets and still it’s going for struggling to achieve his target so in 2020 bitcoin will be on top.
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November 02, 2017, 04:50:37 AM
 #69

scenario b is more realistic than scenario a . before i saw this chart I predicted that bitcoin could reach $8000 by 2018 maybe mid of the year. so on 2020 it's really hard to predict the price of it but since they say that the price on 2022 could reach up to $25000 so i predicted that in 2020 the price of bitcoin will be up to $20000.
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November 02, 2017, 06:40:19 PM
 #70

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.
are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .
It’s very hard to do prediction about the price but its confirm that the price will be high because bitcoin is not going to compromise on his price and it’s going to reached the world so bitcoin have increased his users around the world and every day we can see new people which are joining bitcoin so demand is so high now and for sure the price will be high.
cybersofts
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November 02, 2017, 09:33:40 PM
Last edit: November 02, 2017, 11:44:36 PM by cybersofts
 #71

Either C or D seems the most realistic. The problem is if an exchange gets hacked the main stream media will say bitcoin banks got hacked and all of the dumb sheep who don't understand bitcoins will sell them asap. More and more dumb people are investing now so expect to swings to be even bigger than in the past.
Why not scenario A ? You are just talking with respect to mtgox collapse, but you need to take consideration of contribution of mtgox at its time and how many exchanges we are having right now. When the  one and only exchange found problems, it is obvious bitcoiners got panic and withdrawn their investments but in recent problems with bitfinex and regulations in cheese exchanges did not make big impacts into bitcoin prices.

I guess any negative news will not impact big when bitcoin will be having alternative solutions for everything. I mean including scalabilty issue so $10k+ by 2020 is inevitable.
Scenario A is definitely the way to go as bitcoin show us how strong it is in the market.
Bitcoin value continue to grow regardless of the people with negative thoughts say bad about bitcoin.  
Bitcoin is still looking good and I think the value might reach $10,000 by the end of year, 2017... And also reach $50k by 2020  
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November 26, 2017, 07:38:02 AM
 #72

I believe Scenario C or D since there is a block halving, but if this upadate in August is successful, then we can see scenario B,  the price actually depends on the event that will happen between today and the year 2020.  If Bitcoin dev releases a killer app then we can see Bitcoin reaching the price prediction for 2020 in an earlier years.  Or if Bitcoin fail to scale and the Aug. event does not bring any changes in Bitcoin scaling problem then we can see either a cheaper bitcoin or a stagnant one.
I think that scenario B is quite attainable by the end of 2018 or the start of 2019. Bitcoin price in 2020 will be somwhere above scenario B, might be $7000. If we go by past trends, whenever block halving happened after a small dip price has always increased. So, that wouldn't be a major factor. Price is rather dependent upon what happens in August.
Everytime something comes as an hurdle and create a big expectation without any assurity of growth or value decline. This time it has been a controversial for a long about august first based on segwit. Months back the etf approval has been expected long and finally the end result a rejection causing a piece of drop and all of a sudden started to grow gradually. Here too I expect the same.

For all we know here most of the time we've been confused about controversial around us, and for me it doesn't affect me, because it doesn't matter actually and time can tell the actual reality of what will happen next. About the decline of growth value I am still positive that the fluctuations happening was just a price surging that technically affects through panic sells of some investors because of those rumors spreading online particularly social medias. So after this big challenges of bitcoin; we may see to it that the future of price will be still at $3000 at 2020 if this will continue to be unpredictable, because of false media around us.

I think that's normal to have a fear regarding those controversies around because that talks about a serious matter about money. To make it as a clear visions of 2020's bitcoin price, well have to expect to it greater than $3000; because it may hit the peak of the economy and that is proven from last year's hit of price spikes from $900 to $2000. Actually I viewed to it that if people will just buy now for they have a purpose of holding it until 2020, three years after that possibly price of btc sell value will be on top at $6000 each 1 btc.

The fair prediction to the price will be reach is at 3000$-5000$ since we need to calculate also the dumps gonna happen on it and since the price at that level is so high i expect that the backward thrends will be happen on it but we can truly know on what would be the exact figure will be reach by bitcoins since at the first place on it year 2020 is quitely far happening for now and there's so many events wheter its bad or good that will happen so maybe we shouldn't speculate that year but instead the year is the perfect to be speculated is on the year 2018.
On the off chance that we break down the past information, situation C and D appear to be generally similar to. They may appear to be difficult to a few people as individuals can believe that situation E is a sensible approach. Be that as it may, the sensible approach is to totally comprehend that as benefit of something builds so does its benefit, so in the event that you have one dollar and it duplicates by one means or another, you than have 2 dollars after this when the cash copies you would have 4 dollars and afterward 8 and afterward 16, not 3,4 and 5.
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November 26, 2017, 09:10:29 AM
 #73

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

Bitcoin can go up to $ 10,000 dollars by 2020, but everyone expects $ 10,000 dollars in a week. I do not think the $ 9,000 level will be very permanent. Etherum began to retreat a little.

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November 26, 2017, 09:33:16 AM
 #74

From the various experts of bitcoin I came to know that the price will grow further more in the 2018-19 & 2020 as well. The bitcoin is opening many opportunities in the coming years like the countries will become more advance as the bitcoin introduce the ATM service everywhere in the world. And the users become happy through this digital system as these users will be able in the 2020 to start businesses where they will pay and receive in the currency like bitcoin.

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November 26, 2017, 09:43:33 AM
 #75

If it goes well then I'm very sure Bitcoin can run the first scenario (A). It does look very convincing because currently Bitcoin's price has started to reach $ 8.900 and looks to move beyond 9,000 $. So I'm pretty confident there will be an increase again and all scenarios in the picture only show the price of Bitcoin which is at rates below 8,000 $.

If the price of Bitcoin can reach 10,000 $ then it is not a miracle, now bitcoin increasingly in demand and this has proved that Bitcoin has become a necessity for many people. Bitcoin is used as a currency and Investment for most people.
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November 26, 2017, 09:51:35 AM
 #76

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)


We expect Bitcoin value to be trade at sum of $20000 by 2020 this is because of the current trend at which the demand for Bitcoin and crypto currency in general is increasing astronomically so whoever is holding Bitcoin at the moment should continue to hold as there is a greater future ahead for people who will continue to hold.  Although there is going to be correction in between the period before 2020 speculation.
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November 26, 2017, 12:40:14 PM
 #77

Bitcoin prices are in insane bull run atm. It seems that even your most optimistic scenario isn't bullish enough. 🙂 I'm sure correction is coming but since institutional money is flowing in cryptos like crazy this correction might not be happening any time soon. Banks are greedy and will definitely buy every dip.

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November 26, 2017, 01:05:30 PM
 #78

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

Bitcoin can go up to $ 10,000 dollars by 2020, but everyone expects $ 10,000 dollars in a week. I do not think the $ 9,000 level will be very permanent. Etherum began to retreat a little.
Bitcoin has the big chance to hit more than $10k probably $20k. The current price is increasingly high, yes I believe we can earn big in the future for holding bitcoin. Even there is ethereum began to increase bitcoin will the best and on top cryptocurrency.
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November 28, 2017, 01:06:01 PM
 #79

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

Bitcoin can go up to $ 10,000 dollars by 2020, but everyone expects $ 10,000 dollars in a week. I do not think the $ 9,000 level will be very permanent. Etherum began to retreat a little.
Bitcoin has the big chance to hit more than $10k probably $20k. The current price is increasingly high, yes I believe we can earn big in the future for holding bitcoin. Even there is ethereum began to increase bitcoin will the best and on top cryptocurrency.
Bitcoin will stay on top and ethereum get chance to gain some attention of people just because price of bitcoin has gone high in no time and people have not that much money to buy that’s why as a backup plan investor invested into ethereum and as price of bitcoin is at 9000$ in no time it will cross the next big value and then will be in five figures to show hatters who were talking about that it will crash but it has gone up.
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November 29, 2017, 08:49:46 AM
 #80

I can feel that 2020 is where bitcoin already dominated the financial system and it is currently used in many fields so it could be $100k or more than that. I'm very positive with that because the bitcoin community just keep growing and supporting it all the way.
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