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Author Topic: The price of bitcoin on halving day 2020  (Read 7087 times)
sumit513 (OP)
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June 11, 2017, 11:03:06 AM
 #1

What do you think the price of bitcoin would be on halving day 2020?
Himanshu111
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June 11, 2017, 11:08:16 AM
 #2

Bitcoin is growing at a very fast rate and i believe it will cross 4000$ mark by end of this year. On the day of halving it will certainly be near 10000$ per Bitcoin or so as miners also have to meet their expenses.
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June 11, 2017, 11:14:27 AM
 #3

If the same growth takes place as of now, surely the price will reach at least a minimum of around $10000 and the same way if more and more Countries legalize bitcoin every year then it gets an increased chance of reaching $15000 by the 2020 halving.

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LuciferUA
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June 11, 2017, 11:21:05 AM
 #4

around 10.000$ is highly possible if the growth stay stable and countries continue to legalize and start  accepting bitcoin more frequently.

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davis196
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June 11, 2017, 11:34:32 AM
 #5

What do you think the price of bitcoin would be on halving day 2020?

I would say 32,000 USD because i think that btc will double it`s value every year.
The end of 2017-4000 USD
2018-8000 USD
2019-16000 USD
2020- 32000 USD
Let`s hope that nothing bad happens to bitcoin during that time.

hurain
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June 11, 2017, 11:40:42 AM
 #6

If the same growth takes place as of now, surely the price will reach at least a minimum of around $10000 and the same way if more and more Countries legalize bitcoin every year then it gets an increased chance of reaching $15000 by the 2020 halving.
yes that can really happen, just like the previous halving which really gave a great support to bitcoin. i am sure that in upcoming halving the price of bitcoin is also increase more and very much possible to reach to 10000 USD level. specially if the present  growth of bitcoin price continue.
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June 11, 2017, 12:00:48 PM
 #7

If people still believe in Bitcoin as a good store of wealth then the price will go absolutely crazy and hopefully hit my long term target.
Still some risks though, I'm looking at volumes and surprisingly ETH has a higher USD volume than us now which is shocking.
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June 11, 2017, 12:04:24 PM
 #8

What do you think the price of bitcoin would be on halving day 2020?
I hope it will be $10k and given how the price has seen the surge in recent days, it should not surprise anyone to see this price.
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June 11, 2017, 12:05:34 PM
 #9

What do you think the price of bitcoin would be on halving day 2020?

It is difficult to predict the future price of bitcoin, but with what is happening now, I think its value will increase dramatically. But the important thing is its existence.
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June 11, 2017, 12:45:19 PM
 #10

each year bitcoin price is rising at least 150% and this year we will see a much bigger rise because the mainstream adoption was ignited by Japan and that is like a rocket fuel!
so if we expect at least 200% rise each year in ~4 years we can see a 800% rise to $22000 but also as price goes higher and attracts more investors since the room for change is bigger the rise becomes a bit smaller so we can expect a price above $10,000 for sure if the current route bitcoin is on does not change in the future.

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June 11, 2017, 12:53:29 PM
 #11

What do you think the price of bitcoin would be on halving day 2020?

This is very difficult to predict, given the rising bitcoin price of the past years, but we also do not know what bitcoin price in the coming year. Is it up or down? Let's wait and see
takamouri
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June 11, 2017, 12:55:11 PM
 #12

50000 usd Smiley
lexamagic
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June 11, 2017, 12:57:39 PM
 #13

What do you think the price of bitcoin would be on halving day 2020?

I think by this time bitcoin will be no less than $ 10,000, if there is no global trouble that will weaken it.

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June 11, 2017, 12:58:33 PM
 #14

Wait and see!
Wait until $10,000! Grin
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June 11, 2017, 01:01:16 PM
 #15

In a perfect environment without major scams & hacks or government interference and at this trend we might see between $5000+/BTC to $8000/BTC

A lot can still go wrong, but we are seeing more growth than we have seen before in many countries at once. I think we will get some strong competition

from some hyped up Alt coins, but that bubble will definitely burst soon... then those investors will flee back to safe heavens like Bitcoin.  Grin

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Catmony
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June 11, 2017, 01:01:38 PM
 #16

What do you think the price of bitcoin would be on halving day 2020?
Add one zero after 2020 that is $20,200 per bitcoin by next halving. I am quite optimistic regarding market trend we have right now. It is quite bullish and stronger than before. FUDs regarding hard fork or any other things can't have same level of psychological effect on traders these days like in past.
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June 11, 2017, 01:01:58 PM
 #17

Satoshi said in the future, bitcoin could either have very high tracsaction or none at all. The same can be said about this topic. It is either very high or nothing at all. If all problems are solved, it could be used easily without high fees then the price can reach tens of thousands. Otherwise, nada.
MahaRamana
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June 11, 2017, 01:06:44 PM
 #18

50000 usd Smiley


It will depend on how much money flows in alternative cryptocurrencies. Assuming that Bitcoin's marketshare falls from current 45% to about 25% by 2020 and assuming that the total cryptocurrency asset class grows from 110 billion to about 50 trillion by 2020, I would estimate the market cap of BTC to reach 12.5 trillion by 2020. If the number of BTC by that time is 18 million, the value of one BTC would be around 700.000 usd.

This assumes that the USD maintains a reasonable rate of inflation against basic goods. If the whole financial and monetary system implodes under the weight of the global debt, then BTC would obviously go much higher in USD terms. In real terms, we can anticipate that, following the halving of 2020, the value of one BTC will be that of a very comfortable 3 bedrooms house.

If the marketshare of BTC falls to only 10%, then we would be closer to a value per BTC of 300.000 usd in current usd value.
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June 11, 2017, 01:28:30 PM
 #19

I'm going to say $10,000 at the next halving, no technical anslysis here, just a hunch.

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June 11, 2017, 01:40:41 PM
 #20

Still some long time and lots of things may happen until the time.

I'm more worried because of August

 
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