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Author Topic: [2017-09-03] Bitcoin By 2020  (Read 6047 times)
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September 05, 2017, 12:32:02 PM
 #1

By now, many Bitcoin enthusiasts are trying to work out a realistic projection for Bitcoin over the next few years.

From analyst Ronnie Moas who sees a $15,000-$20,000 value by late 2020 to independent views that point at $1 mln per Bitcoin, some of these predictions seem outrageous and outright impossible.

https://cointelegraph.com/news/bitcoin-by-2020

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September 05, 2017, 06:20:24 PM
 #2

The $20,000 prediction is a safe one, assuming price developments of the past remain valid for the future. But it takes only one bubble to shed that safe $20,000 projection to pieces.

Looking at the BETI indicator, we have reached neutral zone now. A 2013 repeat would mean $30,000+ That is not impossible, especially if we are nearing the point of 'crossing the chasm'. With marriages of fiat and crypto rolling out (e.g., TenX, Bankera), we may be less away from this point (the chasm) than we think. Crypto is definitely a HODL for me toward 2020, no matter what (except the BETI indicator reaching 1.5 before that).

Accumulate, HODL and prosper.

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September 05, 2017, 06:29:30 PM
 #3

There is absolutely no reason on why such a price cannot be achieved in the next 3 years. If the development continue and we get LN, TumbleBit and other features + another block reward, It's definitely likely to happen.


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September 06, 2017, 07:09:01 AM
 #4

It was only $900 back in January and now who would have thought that it will spike up to almost $5000. For me, the prediction is actually realistic because 2020 would be more high-tech that is suitable for bitcoin.
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September 06, 2017, 11:12:07 AM
 #5

price may be up morethan 10000$ or down less than 0.5$
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September 06, 2017, 11:44:17 AM
 #6

more than 30,000
just check what happen at 2017
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September 06, 2017, 12:17:33 PM
 #7

i think it will back to 600$
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September 06, 2017, 01:07:39 PM
 #8

The $20,000 prediction is a safe one, assuming price developments of the past remain valid for the future. But it takes only one bubble to shed that safe $20,000 projection to pieces.

Looking at the BETI indicator, we have reached neutral zone now. A 2013 repeat would mean $30,000+ That is not impossible, especially if we are nearing the point of 'crossing the chasm'. With marriages of fiat and crypto rolling out (e.g., TenX, Bankera), we may be less away from this point (the chasm) than we think. Crypto is definitely a HODL for me toward 2020, no matter what (except the BETI indicator reaching 1.5 before that).

Accumulate, HODL and prosper.
$20k is way too safe a prediction when it comes to Bitcoin. Bitcoin would be easily touching $20k by next year. Year 2020 holds much more. If the price keeps on increasing the way it increased in 2017, then $100k is very much possible by 2020. Demand have started to increase. Investors are coming in. Wave have started.
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September 06, 2017, 02:01:17 PM
 #9

I think this is possible because we will see the next halving in the next 2-3 years if I'm not mistaken. So this will make bitcoin scarce and the supply will be cut in half. But the demand is even greater by that time. Here is the countdown:

http://www.bitcoinblockhalf.com/

So I speculate that we are really going to touch this price barring no such drama that will negatively impact the current market trend. So it makes sense to really hodl on our bitcoin and just wait for the next halving because the price might double or triple by that time.

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September 06, 2017, 04:24:53 PM
 #10

price may be up morethan 10000$ or down less than 0.5$
I don't think that it's possible that bitcoin goes down to 0.5$.Not now anyways.

i think it will back to 600$
Bitcoin now is over that stage.It won't go under 4000$.

By now, many Bitcoin enthusiasts are trying to work out a realistic projection for Bitcoin over the next few years.

From analyst Ronnie Moas who sees a $15,000-$20,000 value by late 2020 to independent views that point at $1 mln per Bitcoin, some of these predictions seem outrageous and outright impossible.

https://cointelegraph.com/news/bitcoin-by-2020
I don't think Bitcoin could reach $20k in only 3 years.It will probably take like 5-7 years before it could go that far.Keep in mind that technology doesn't upgrade that much in only 3 years.

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September 06, 2017, 04:30:30 PM
 #11

It's anyone's guess and with 2020 just around the corner it would be great to have 20/20 vision, I think around $15k is not too crazy.
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September 06, 2017, 05:24:58 PM
 #12

It's anyone's guess and with 2020 just around the corner it would be great to have 20/20 vision, I think around $15k is not too crazy.

It seems to me that bitcoin is developing much faster and the price by 2020 may exceed $ 50,000.
Now it seems very ridiculous and bold, but the crypto currency develops its own way and the price increases several times a year - it's real

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September 06, 2017, 08:59:54 PM
 #13

It's anyone's guess and with 2020 just around the corner it would be great to have 20/20 vision, I think around $15k is not too crazy.

It seems to me that bitcoin is developing much faster and the price by 2020 may exceed $ 50,000.
Now it seems very ridiculous and bold, but the crypto currency develops its own way and the price increases several times a year - it's real

I don't think its not the development but people are really seeing bitcoin as a good platform for invested that's why the price has skyrocketed for this year alone. So all price prediction could happened. This year alone, bitcoin has grew more than 300% so imagine what the price could be in the next 3 years. If this trend continues we might see $20000 or more in the future.

I think this is possible because we will see the next halving in the next 2-3 years if I'm not mistaken. So this will make bitcoin scarce and the supply will be cut in half. But the demand is even greater by that time. Here is the countdown:

http://www.bitcoinblockhalf.com/

So I speculate that we are really going to touch this price barring no such drama that will negatively impact the current market trend. So it makes sense to really hodl on our bitcoin and just wait for the next halving because the price might double or triple by that time.

This is also another factor that would put bitcoin and its price to greater heights. And as the network continues to grow and solidify, it becomes clear that even an event as jarring as halving can only reassert bitcoin’s continued existence and the price going to $10000 or higher. IMHO.

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