Bitcoin $500,000 by 2020

[mrayazgul]

yes i think bitcoin should be $500,000 by 2020..If this will happen then it won't be surprising at all. Because bitcoin is increasing day by day so we can hope that bitcoin will be $500,000 in 2020.........So let's see what will happen.

Don't you think 500,000$ per bitcoin is too big the amount and its seems unrealistic to happen in 2020. The only target which i think can be achieved is 100000$ per bitcoin and if this happens in 2020, it will be more sort of a miracle. Things went well in 2017 for bitcoins and now we have to make more growth in 2018 to be able to achieve this high target.

[bocyaj]

yes i think bitcoin should be $500,000 by 2020..If this will happen then it won't be surprising at all. Because bitcoin is increasing day by day so we can hope that bitcoin will be $500,000 in 2020.........So let's see what will happen.

Don't you think 500,000$ per bitcoin is too big the amount and its seems unrealistic to happen in 2020. The only target which i think can be achieved is 100000$ per bitcoin and if this happens in 2020, it will be more sort of a miracle. Things went well in 2017 for bitcoins and now we have to make more growth in 2018 to be able to achieve this high target.

Every thing is possible in bitcoin,I accept that.But 500,000 in 2020 is not at all possible.It may happen in 2025,but not in 2020.I think you are in a day dream.Just give some time for every thing to occur man.

[Bagaji]

Here`s an interesting article.

www.cryptmarkets.com/blog/post/if-you-bought-5-dollars-of-bitcoin-7-years-ago-x3?trkid=705969326C3753473336544B37415A496651715873515F33445F3344&set=1&imte=3c

Thoughts please.

Well as far as am i believe Bitcoin value will not $500,000 in 2020 as speculated with this your article but it could be that it will reach $50,000 by the year 2020.

[Gennady12]

Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

[tyronecoinbit]

Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

Unlikely impossible to happen. Bitcoin's supply will be approximately 18 million in 2020. If Bitcoin's price is $500,000 per coin, Bitcoin's market cap would be $9 Trillion. The global GDP will be around $46.75 Trillion in 2020, according to Statistica.

[uslfd]

I think this is possible - because in 2020, $500K is probably worth quite a lot less than today's $500K because most likely we will be experiencing a big economic recession where fiat currency is collapsing against real assets!

[elloco4ever]

Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

I personally feel that it might be too early for.that mark but at the same time looking at the volatility of bitcoin and unexpected price pump I feel anything is possible but it is like a double edged sward one hand we have to deal with banker and regulatory and on the other hand we have other altcoins wh8ch might give tough competition to bitcoin and probably people might prefer other alts which might reduce the demand of bitcoin and lead to reduction in value

[hotpassion]

If Btc keep this rising growth rate (10x/year) in 2018 and half rate in 2019, the price of BTC with be over 500k/BTC for sure, as the price of BTC by end of 2017 will be at least 14k.
Early this year, if anyone said the price of BTC by end of 2017 would be 13k, all people in this forum would say that he is insane or crazy!!! The most optimistic would say it would be 1.5k-3k at most. So we never know what will the price of BTC will be in the future. NO ONE know. NO ONE can speculate exactly. In my opinion, the growth speed of BTC in 2018 will be 13x-15x by year end (150k-180k by 2018 year end).

[sharted]

Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

I personally feel that it might be too early for.that mark but at the same time looking at the volatility of bitcoin and unexpected price pump I feel anything is possible but it is like a double edged sward one hand we have to deal with banker and regulatory and on the other hand we have other altcoins wh8ch might give tough competition to bitcoin and probably people might prefer other alts which might reduce the demand of bitcoin and lead to reduction in value

Ya won't agree this.The price of bitcoin is keeps on raising,due to their increase of potential.But 500,000 is very high value to reach in 2020.If any double raise of price occur means,even this may happen.

[tukagero]

Here`s an interesting article.

www.cryptmarkets.com/blog/post/if-you-bought-5-dollars-of-bitcoin-7-years-ago-x3?trkid=705969326C3753473336544B37415A496651715873515F33445F3344&set=1&imte=3c

Thoughts please.

well we cant tell it right now ,cause were only at $12k  and $500k is too far from now.
Everything can happen to bitcoin theres a possiblity that it will crash or making its way to the top.

[Ararbermas]

as of now we cannot predict if there's a chance that bitcoin valued  can touch down that value in year of 2020.  Causes we all know bitcoin always fluctuated which is there's a chance that the growth rate of bitcoin will collapse and there's a possibilities also to surge until 2020 .. Unless there's no issues that can made a panic selling .Maybe there's a chance that bitcoin valued will rocketed in 2020 but i think not much.

[Vitolife]

Everything is possible with bitcoin. As you can see in the market bitcoin really increased too much this year and in 2020+ it can possibly hit $500,000 because it is a long time

Unlikely impossible to happen. Bitcoin's supply will be approximately 18 million in 2020. If Bitcoin's price is $500,000 per coin, Bitcoin's market cap would be $9 Trillion. The global GDP will be around $46.75 Trillion in 2020, according to Statistica.

Already lot of Bitcoins are already lost for good, so the available supply would be less than 18 million. Also there are 150 millions of dollar millionaires, if even only 10% of them would get recommendation to buy a bitcoin as safe heaven asset, we are on the way to this target very quickly.

[longyenthanh]

Everything is possible. Bitcoin can reach $ 500,000, but the price may fall. This can't be predicted.

[bitfornewbs]

We cannot say about it. Bitcoin is very volatile and maybe it can reach like that value in 2020. But that doesn't it mean bitcoin can be top on 2020, there are some cryptocurrency having its potential to gain popularity. We can't tell about it and alter the situation, maybe it may go back to its lowest price.

[atjiat]

We cannot say about it. Bitcoin is very volatile and maybe it can reach like that value in 2020. But that doesn't it mean bitcoin can be top on 2020, there are some cryptocurrency having its potential to gain popularity. We can't tell about it and alter the situation, maybe it may go back to its lowest price.

I always thought that forecasts about the financial market are always thankless, because with almost 100% accuracy, nothing can be predicted. But with respect to Bitcoin, there is such a trend, when almost all are confident in its prospects for the coming years.

[Washball]

Bitcoin will never be $500.000. Not in a hundred years and certainly not in 2 years. The hugh price rise is a pump from the small number of people who own the largest amount of bitcoins. People who are afraid to miss out buy like crazy, thus fulfilling the intention of this small group. But now with bitcoin futures the incredible upswing is over.

[Rub3n]

If there would be a world economy inflation of 1000% yeah... maybe.

[millensharon8]

I would not be surprised at the rate at which bitcoin is going, so I will definitely leave room for any surprise it may bring in coming years. Even though $500000 seems to be a huge one, I can imagine how glad I would be or all of us here right now who have invested in the future would be, if it ends up happening.

[dmamigo]

I would not be surprised at the rate at which bitcoin is going, so I will definitely leave room for any surprise it may bring in coming years. Even though $500000 seems to be a huge one, I can imagine how glad I would be or all of us here right now who have invested in the future would be, if it ends up happening.

Yup definitely, the pace at which it is currently moving its not seems to be tough to hit that milestone value. But to be practical 3 years is a way long time, so its kind off impossible to take a guarantee of the value being hitting on that year. But as per the recent news, probably $100,000 is not far away for sure.

[richardsNY]

If there would be a world economy inflation of 1000% yeah... maybe.

Bitcoin doesn't depend on that. Sure, it will help pushing Bitcoin forwards even more, but it will just be one of the contributing factors. If we look at how the market responds to the adoption that's picking up slowly but surely, where even institutions are showing high interest in Bitcoin, it's just a matter of time before we demolish the $100,000 level. Also, I do believe that we're not far away from seeing smaller nominations pushing out the BTC nomination. It will help making Bitcoin look less expensive, while in reality it's just people buying smaller fractions of a whole coin. In easy terms, it's not 1 BTC to $500,000, but 1 mBTC to $500.