Bitcoin $500,000 by 2020

[AnonBitCoiner]

I think the only problem with the bitcoin currently is the higher transaction fees and very slow transaction speed. Once these issues are fixed bitcoin will continue its journey from where it stopped. And bitcoin Lightning Network is about to solve the bitcoin transaction problems because it will speed up the bitcoin transaction speed with almost zero transaction fee. Once the lightning network is fully implemented bitcoin is going back to the track to retain its title, the king of cryptocurrencies.

Nothing is impossible in bitcoin. The price of bitcoin at the new year start of 2017 is just 1000$.Now??
It's reach the value of 19,000$ and then move to 14,000$ .In a single year, the price of bitcoin reaches this much. So we can expect this to happen at 2020.

[InBe$ToP]

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.

Thanks, i think  $30000 in 2018 year, 2020 1 BTC - $1 0 0 0 0 0 0.

[EdenDice]

No god.. that is a huge amount of money, i do not think that it will reach those prices during the next two years.
In fact, it is more than x40 from the actual price, how do you think that it will happen? I am looking to sell in a a few months, or maybe before the EOY.

[junetuesdays]

Yeah why not, the big test will be during the next downturn.

If people treat bitcoin like gold then yeah it will go crazy very quickly!

[batang_bitcoin]

Yeah why not, the big test will be during the next downturn.

If people treat bitcoin like gold then yeah it will go crazy very quickly!

We've been through this "big test" since the year end of 2017 but bitcoin has surpassed and there are still more to come. Bitcoin has been treated like the new modern gold and we are storing value with it. I know many are quite disappointed on what's happening to bitcoin. With it's current situation, I can sense that it was like last year that early of January 2017, movement isn't quick but after a couple of months it skyrocketed.

[Choii]

There are so many speculations that are coming out. Whether bitcoin can reach $500,000 or something. I think even if bitcoin will not reach that price. It is ok with us as long as it will not loose its value. Because anything can happen in the future.

Exactly, even bitcoin didn't reach that amount by 2020 it's okay unless it will lose his value because like what everyone said, bitcoin was depend on his value by investing or buying more bitcoin. However, if that's happend by that year, i think there's so may people they get rich because of his value.

[Bloomie]

Yeah why not, the big test will be during the next downturn.

If people treat bitcoin like gold then yeah it will go crazy very quickly!

We've been through this "big test" since the year end of 2017 but bitcoin has surpassed and there are still more to come. Bitcoin has been treated like the new modern gold and we are storing value with it. I know many are quite disappointed on what's happening to bitcoin. With it's current situation, I can sense that it was like last year that early of January 2017, movement isn't quick but after a couple of months it skyrocketed.

This is important to keep in mind, because not too long ago in 2017 the price of 1BTC was around 1-2k, and for it to have gone up to almost 20k so quickly was a big change and it happened so fast. We all just need to have some patience and in the next couple of months we should see some big growth.

I don't know what the price will be in 2-3 years, but it's possible it could go up that high. We'll see. One thing we know for sure is that it will grow, so we just need some patience.

[Blueblade]

Bitcoin has the potential to reach the biggest goal in 2020.The price of Bitcoin has increased from 1000-19k in the same year.For Bitcoin anything can happen.Bitcoin will definitely cross 100000 $ 2020 annually.The price of Bitcoin is likely to reach $ 500,000.

[ransow72]

The price of bitcoin has increased from1000-19k in the same year. For bitcoin anything can happen the price of bitcoinis likely to reach 500000$

[shadyrifles]

If Bitcoin survives until 2020, then it would definitely reach the $500,000 mark. All we can do is wait, watch and guess about price speculation.

[jilani]

Wow $500000 is very awesome figure i read attentively in this article but i think Bitcoin highest touch 100000$ in 2022 this my prediction.
Bitcoin price going to rocket high every moment & day by day increasing rich man by Bitcoin.

[Altcoins enthusiast]

The way bitcoin was growing then I think were should be able to said bitcoin should hit that value that is $500,000 by that 2020. Currently bitcoin is a bit very stable and we are seeing this based on the current happened in the market.  I wish I should be able to see bitcoin above my purchase level in January 2018.

[Piranha1]

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.

I doubt if this speculation would come true with current trend right now. Bitcoin is having a hard time breaking the $10K resistance due to whales trying to cash out whenever bitcoin hit the $9K to $10K value. But still many speculators remain bullish that bitcoin may reach $25K at the end of the year.

[xali]

Bitcoin is not gonna reach that price by the end of 2020, i do not understand why there are a lot of people trying to convince the new comers in here about this, just enjoy the present, dont worry about how much it is gonna be worth.