$70,000 anyone?

[PokerDiceMan]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

i think very dificult or maybe imposible if bitcoin price incraese to 70k dollar
if reach 70k dollar, all people can replace another coin sample ETH to transaction in gambling site, bounty, signature all about bussiness in crypto not use bitcoin , bitcoin only trade in market and only use exchange to fiat money

[cipher-x_09]

Possible in the next five or ten years but in the short run maybe 10,000 US dollar is possible in the next year but as of now 70,000 is hard to reach in the short period of time. It takes time to make other people appreciate more of bitcoin because there are those to proud persons who don't  want to accept bitcoin and other cryptocurrency.

[DonFacundo]

who knows possible it will reach $70,000 the price of bitcoin but we don't know when will happen its hard to predict what years will increase that amount but what if the price of bitcoin will steady in $50,000 just because of high transaction fee, maybe impossible to reach $70,000.

[mb808]

If Bitcoin were implemented in IRAs then it would definitely skyrocket, especially since everyone's goal for retirement is around 1,000,000$+.

[Wekkel]

It looks as if Bitcoin price has built the biggest base ramp ever in its short history. We are only at the foot of what seems to be an epic price spike ahead of us.

$70k, I can see it happening for sure.

[senne]

If Bitcoin lives long, then definitely someday you may see Bitcoin crossing $70,000 but right now it is not going to happen any soon. Bitcoin market cap is enlarging everyday and if it continues like this then this goal is possible. But on the road of success there will be many enemies also trying to push Bitcoin back everyday like banks, investors, governments and much more. The journey is tough and hence such a speculation seems to be unclear and untouchable.

[hugeblack]

bitcoin need more than 5 years to up only 1k$ and now up more than 6$ in one year so it is hard to say bitcoin price will up 6k$ every year .
price will be 70,000 in Long term but in shore one it is so hard to say that specially High price may make people invest in altcoins more than bitcoin (High fee) that will make low Demand (in other words price down)

[Kurokonobasuke]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

I don't think so. It is indeed amazing how high the rate of the market value oof Bitcoin is, at this moment but we don't know until when will it continue rising with a rate as high as this. And to think that it will rwache a value as that big within just two ueats it would really seem to be impossible. Bitcoin will be more expensive but I doubt that in just two years it will be priced at 70000$.

[mace15]

3 years is a short period of time to reach $70k. Though bitcoin is rising the price quick so I dont think it will reach instant. It will takes long that we could seeing $70k in bitcoin. More users the more demand is increasing that will give a huge count to the bitcoin community.

[YuginKadoya]

3 years is a short period of time to reach $70k. Though bitcoin is rising the price quick so I dont think it will reach instant. It will takes long that we could seeing $70k in bitcoin. More users the more demand is increasing that will give a huge count to the bitcoin community.

Anything is possible with bitcoin we had seen a great surge yesterday it had reach $7700 mark value, if that 3 years is short for you, for us that is enough year to settle a higher price and we are getting in a 5 digit price right now even if we can not make a specific prediction we can surely make a speculation that we can reach that amount in just 3 years bitcoin is fluctuating so much that is why I think it may be possible.

[LFC_Bitcoin]

I don't have any charts on me but yes I expect $70k roughly around the summer of 2020, give or take a few months.

2017 - $10k
2018 - $25-30k
2019 - $50-60k
2020 - $80-100k

I think these are pretty reasonable predictions. I could certainly see it being a bit higher than this, or if something gets in the way of bitcoin becoming a typical but small investment for institutional investors then it could take a bit longer.

I definitely like the look of this but I suppose we have to adhere to that boring old adage of ‘let’s wait & see’

[loopes]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

let us flashback to 1 - 2 years ago, the price of bitcoin is about 500 USD - 600 USD but nowadays, after 2 years, the price has been increased so high more than 10 times.
but that is different situation with the current price. it will be so hard to increase 10 times again

[thecodebear]

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

let us flashback to 1 - 2 years ago, the price of bitcoin is about 500 USD - 600 USD but nowadays, after 2 years, the price has been increased so high more than 10 times.
but that is different situation with the current price. it will be so hard to increase 10 times again

But you are counting a lot of slow growth when bitcoin wasn't in the news at all and adoption was just chugging along just starting to recover from the lows of the long Mt Gox crash. Look at the past just 10 months. Over 7x in 10 months. Sure the rate of growth will slowdown. But 7x in 10 months to 10x in 38 months (end of 2020) sure seems like a doable slowdown. Heck in a couple more months price might hit $10k, so then it'd only need to do another 7x in 36 months.

Just look at the past 3 months. Price broke $3000 for the first time 3 months ago, and in that time it has gone up 150%! The doubling rate this year has been less than 4 months. Even if the doubling rate slows allllll the way down to 12 months starting now, in November of 2020 the price would still be $56k, And it is only that low if the growth percentage slows down by a massive amount starting right now, which obviously isn't gonna happen.

I would say this is not only possible but very likely. I'd be pretty surprised if the price is under $70k in three years. Likely the only way it is lower is if bitcoin devs fail to implement a good scaling solution in the next couple of years.

[Coffee135]

It seems to me that it is impossible to predict the bitcoin price for such a long time. Bitcoin is unpredictable. Its price is not growing linearly. There's no way we can influence it and can only watch today. Besides, no one is considering the long drop. That you are sure that this option can not be? I don't remember what year but such a precedent has already been. The price of bitcoin fell by almost 2 times. Any forecasts. We have to live one day.

[JL421]

i would go with you i don't know much about the speculation part but i feel with the current increase bitcoin can easily rise to such a target in a small time
i would have sold all my bitcoins by 15000 but maybe i might still hold it

[lili song]

Is look impossible to reach $ 70,000 at 2/3 years. But I very happy, it could be happen.
Some people prediction bitcoin the price will be going down.

[DustyRah]

Momentum is back at it again, I guess the first hurdle is the $10,000 mark which hopefully will drop on us before early next year.

[mackstuart]

It will be more than $70,000, but it will take some years to achieve that price, i think that we are just going to be at ten thousand dollars at the end of the year, but there has to be another dump.. Maybe bitcoin will drop to $7000 again in some time, maybe on 2018.
But in the end, it will always be going up because that is exactly what will always happen on the market. when there is a huge dump, then the price will duplicate the money of that dump x2.
i have been looking at the patterns and it always happens.

[DustyRah]

All this talk about $8000 and $10,000 and $15,000....This is literally like a gold rush right now considering most people in this world will hear about Bitcoin in the next couple years and will want to own one just for the sake of owning it.

Does anyone know if BTC developers will ever fix the slow transaction issue? Is it on their roadmap?

[Wekkel]

Does anyone know if BTC developers will ever fix the slow transaction issue? Is it on their roadmap?

This part of your comment really looks a bit uninformed. As if there have not been continuous forking battles over the direction of Bitcoin and that there is a quick and simple solution for the scaling issue.

Perhaps you should consider rephrasing your question.