This guy predicts bitcoin to be $20,000 in 2 years. What do you think?

[Hydrogen]

Imagine buying 5 bitcoins.

As a proud new owner of 5 btc, your new goal is to raise the price of btc to make your profit.

One method to achieve this is to write articles convincing people bitcoin's price will reach "$20,000 in 2 years". Some will believe you prediction & they will buy btc. This increase in demand, theoretically could cause the price of btc to rise.

This cycle of extremely optimistic predictions made by those holding assets done under the motive of generating profits on increasing value has riddled the gold and silver markets for decades. Its not as obvious in crypto as btc's price has been increasing more than most predicted.

There are predictions made in finance and economics which are done with a person self interests in mind. Predictions tend to be more reliable when there's a disclaimer that says the person making the prediction isn't invested in the thing they're making predictions on / promoting.

[waynechong1995]

Ya I agree those predictions are mostly bias based, of course I hope my investment profits. That's why rather than commenting on the prediction or going against the opposites, I would rather go with the flow, adjusting my portfolio within more realistic timeline. 

The news regarding a public reasoning of why BTC could went up $15000 is just glorifies BTC and his words doesn't sound very technical as well. No valuable info is found but it's true that BTC got a lot for attention lately 

[senin]

The forecast that in two years the bitcoin rate can be about 20,000 dollars, in my opinion is too optimistic. We must also take into account its greater volatility, the crypto currency reacts to all the bad news, as we could see in a recent example with China. Therefore, the growth rate of bitcoin can not be straight up. In any case, it will be like waves, with ups and downs. Bitcoin for the next two years will rise significantly in price, but until this forecast, in my opinion, will not last.

[Razick]

Ya I agree those predictions are mostly bias based, of course I hope my investment profits. That's why rather than commenting on the prediction or going against the opposites, I would rather go with the flow, adjusting my portfolio within more realistic timeline. 

The news regarding a public reasoning of why BTC could went up $15000 is just glorifies BTC and his words doesn't sound very technical as well. No valuable info is found but it's true that BTC got a lot for attention lately 

The thing is we will not get to $20,000 on this peak. That is for sure. The price is going to crash soon. I don't know when, but it will definitely be before $20,000... lol. And after the crash, it might take years for the price to recover even back to $5,000+. So I would not be so fast to say that in 2 years we will be at $20,000. I would say in 5 years we will be there most certainly though.

[Rana590]

From here: https://twitter.com/ICOAlerts/status/912334877801971712

I think $20,000 is impossible, or at least in 2 years. Maybe in 5 years yes.

Yes it can be within next 2 years. Now price of bitcoin is increasing rapidly. It can hit any amount future. For bitcoin, 20000 is not impossible amount. It can be down for some reason but the progress of Bitcoin will rise up and hope it will reach expected price within next 2 years.

[lazygin001]

That is wayyy to optimistic in my opinion. Unless something major happen to the world's system, bitcoin will not be going to reach 20000 in 2 years. In 5 years, maybe.

[nazzzzz]

It's ambitious but IMO it's not impossible. WE have already seen some strange things in crypto and some event can happen in two years that will make bitcoin mainstream for example the inclusion in amazon and other big corporations. Its gonna be hard  to reach that value, but it's not impossible.

[Cutekittens21]

From here: https://twitter.com/ICOAlerts/status/912334877801971712

I think $20,000 is impossible, or at least in 2 years. Maybe in 5 years yes.

I can't stop the lol, thank you for giving me the idea for increasing my alts post count, I'll just post some big picture and say from here.

*Digaran goes to buy Ripple, a few billions of it.

I think this is a bit too ambitious for some of the altcoins but definitely not bitcoin. Up 900% since last year so why not another 350% in 2 years? I think $20,000 just scares people away or it seems too daunting to them.

[Mpamaegbu]

All the predictions around Bitcoin have not been accurate. So, why should the $20,000 prediction be any different. This year, Bitcoin ATH was put at $2500. But what do we have already? $5,000, right? That's right. Bitcoin has proved that no one knows where it is headed. I am not even sure Satoshi knew Bitcoin had this great potential when he created it. I believe Bitcoin could out perform the $20,000 prediction within the timeframe set for it.

[tonlong]

Predictions for the future. Whenever people tell you it will be $10,000 or $20,000 it's always people who already bought and hope new money flows in so they can more profit, me too. But up untill now bitcoin has always been a great investment.

[frankbitcoin]

$20K by December 2018.  It's doubled in value 3 times in ONE year.  If it did it again, it would actually be $40K in just one year from now.  One can dream  

[thet]

From here: https://twitter.com/ICOAlerts/status/912334877801971712

I think $20,000 is impossible, or at least in 2 years. Maybe in 5 years yes.

Bitcoin price is continue rising but that kind of amount like $20,000 is impossible. It may happen but you are right, maybe in 5 years or more.

[rickyleatham]

i never think bitcoin can reach to 20000$ in just 2 years, there are many reasons that can lead to the fluctuations in bitcoin price, but i do think it can rise to more 10000$ in just few years.

[danielcansil]

wow, so optimistic,may be he is thinking bitcoin price will never stop rising. everything has its up and down, so someday may be bitcoin price will rise but may be it can drop, we can never predict accurately.

[eddyhalim]

i dont think bitcoin price can reach 20000$ in 2 years because they may be drop down too, not just rise up, but i do think reaching 20000$ in many years later is possible.

[krayzie32]

lol, If that is truth, I will sell my all asset such as house, car, everything,... to buy Bitcoin now, I will hold until its price reach $20,000. But how could i survive now? haha

[dettihegedus]

bitcoin price is rising rapidly thanks to the brave success investors, the price can rise to 20000 is possible, but we can not forecast exactly the price will reach 20000 in just 2 years because that is too much.

[Darker45]

From here: https://twitter.com/ICOAlerts/status/912334877801971712

I think $20,000 is impossible, or at least in 2 years. Maybe in 5 years yes.

It may be hard to imagine right now, but it is very possible. When Bitcoin was around $5, who would have imagined and risked predicting that bitcoin's price will become $100?  And when it reached $100, it was almost impossible to imagine that it will reach $1000. And now we are already $5,000 right now. If we reach $10,000 this year, we can be standing at the top with $20,000 in a couple of years.

[romecheo]

Just my observation.

January 2015 = 270$ per Bitcoin,  before the end of the year Bitcoin Average price: 430$ (202% increment on Bitcoin Value)

January 2016 = 430$ per Bitcoin, before the end of the year  Bitcoin Average price: 950$   (206% increment on Bitcoin Value)

January 2017 = 950$ per Bitcoin,  just this month of October, Bitcoin  Average price: 5630$ (502% increment on Bitcoin Value)

to reach 20K$ per Bitcoin, only 350% increment are required.

I think it was possible.

[eucalyptus]

It is possible. Day by day bitcoin get known by people. So in 2 years people 10 times more will start to invest bitcoin. Some people think that it is late to buy bitcoin. I totally disagree.