Bitcoin $500,000 by 2020

[irbayhan]

I think it is possible to hit bitcoin around $5000000 in 2020

This is not advisable since with the release of bitcoin futures, its price stabilizes. 2020 will be worth up to $ 100,000

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[AliVul]

Some types of cryptocurrency can be decent competitors to bitcoin now, I don't think it will last long for the price of 9 thousand dollars.

[dreamer81]

would be great. Also would really make sense WOuld only  be at 10,5 trillion in market cap. WHY NOT!?

Is it because john mcafee says so? Or bill gates? I meen those guys knows what they are talking about for sure!

[truthstalker]

I think todays price has now really put it up in the air and some people are actually believing it. Bitcoin doubled earlier this year and people were calling for a correction but since then it's just continued to break records.

[Ultimist]

Capitalization is growing at a frantic pace, now growing bitcoin, it will continue to flow into altcoins. All this only shows that people are starting to take the world of cryptocurrency!

[Washball]

Bitcoin is almost 10K now, I didn't think it would go that fast. I thought Bitcoin would hit 10K at the end of the year. So, that's much faster and 15 to 20K is really possible next year. But 500K, I don't think that will happen in 2020. Even though the demand for Bitcoin is growing day by day. It could be possible that futures will slow down the uptrend and stabilize the price.

[setifien19]

I would say : it's as possible as impossible for this surprising currency ; I remember when the community discussed about the 5k $ barrier few months ago , and look at its current price ( near to 10k) . We should also take in consideration the different factors that can influence the price ( the supply, demands, forks...etc ) , I also remember that I read an article ( on Quora forum) saying BTC reaches 100k by 2020 . Hope that will be real

[MIBlockchain]

for sure

[Erkallys]

500 000$ may be exagerated a bit, but consider I was thinking about two years ago that the price of one Bitcoin would be 5000$ by 2025, I frankly do think nothing is impossible in this crazy world.

[knien]

I saw an article once where some finance guy explained that with the limited amount of BTC available, 1 BTC could reach between 1 and 3 bln if 10% of the global fiat currency value was represented in BTC.

[saycryptohello]

And there will not problems with regulations?

[littlewizard]

500k means 50 time increase at the current price. I am really not sure about it, I believe 100k is highly possible, but you cannot under estimate the power of Bitcoin.
Anything is possible here.

[conceivedspoon2]

Bitcoin is the biggest money market now. It all started like a mirage and now it's the biggest thing.I knew about bitcoin in December 2016 then it was about $700 and now it is over $8k. That is over 1100% within 10 - 11 months, It's really massive. So no doubt that by 2020, it will be about $500,000 per bitcoin. Which means that we can still buy now before it turns the biggest digital currency in the entire world.

[Titanos]

I think it's an exaggerated number. Bitcoin marketcap will be 8,352,562,500,000$ and price will be multiplied by over than x50.
2020 is too close and bitcoin can't reach this marketcap only in 2 or 3 years.

[Vitolife]

Anything is possible tbh. Although 500k per BTC would require a ton of investment first. At some point people should realize that some altcoins offer a lot more than BTC...

Altcoins might offer different solution compared to Bitcoin, but Bitcoin is the coin, where the general public interest is focused - slight crisis on the stock market or real estate market will send Bitcoin to the stars, I believe it is with no doubt possible Bitcoin will hit 400-500k USD by 2020. I will try to stock some more BTCs while they are available at good price. We will definitely hit 10k USD this year.

[vdiablo3]

when it was a september I thougt   that in winter(december) it would be a big correction. But now i change my opinion. Bitcoin shows to us an enormous rising. And he dont want to stop. Day by day more and more people discover a new way to save and earn money - Bitcoin. Soon your grandparents will know about cryptocurrency) New money goes to the market and prices go up) We can see a 500k$ btc) it doesnt have any barriers.

[intoy_victor]

It is not impossible here in bitcoin because I saw the very fast progress of the value of bitcoin price every week there is a big progress. But 500k??? in 3 years?? this is insane, this will shock the world. I think if it become true many people will invest here and the goverment will ban the bitcoin maybe because it will affects them.

[Sirait]

there is nothing impossible in this world, including the price of Bitcoin that touched $ 500k,
but $ 500k / Btc really sound impossible for a cryptocurrency I think ...

[monika27]

Anything is really possible, I dont think it will reach $500k in that amount of time. However it certainly could.

[leex1528]

There is no way it reaches that high by the end of 2020.  I will be surprised if it its worth 50k at that time.  I think we are going to see it become steady for a few years and then boom it will eventually jump up a little bit again...50k is much more reasonable, and still not that probable.