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Author Topic: If this chart is correct, it puts the price of bitcoin at $91,000 by 2020  (Read 229 times)
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March 21, 2018, 10:05:30 AM
 #41

I think that nobody can give exact forecasts, everything can change at any time, but I think that it is quite possible that bitcoin will be 90 000 but I am not sure that it will be in 2020...maybe it'll happen later...
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March 21, 2018, 12:57:50 PM
 #42

Lots of analysis these days. Dont know how you guys are taking the graph in the positive way always but what I spot here is everyone just speculate the prices of the bitcoin going up in the future after two years or so. But do you guys really think that it will be the case always and your charts will speak the truth after two years in any way possible? Because these charts doesn't count the external and internal factors that may affect the bitcoin out reach in the people or something could happen which is related to the rules and regulation. This way market gets hampered many times and I believe its better to analyse the market daily rather than looking forward after two years.

The reason why we are here is because of hoping to have gains of profit from our investment. I think there’s no problem with these kind of article even though it is speculative it gives us some insight of others perspective. You cannot say 100% truth but at least we have some basis on the graph. You can use this as your reference on future decisions.

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March 21, 2018, 07:40:28 PM
 #43

I think that nobody can give exact forecasts, everything can change at any time, but I think that it is quite possible that bitcoin will be 90 000 but I am not sure that it will be in 2020...maybe it'll happen later...
why will it happen later? Bitcoin is growing rapidly in the world and the price is dependant upon the supply so if the demand increases the way it is increasing right now, then the probability of bitcoin reaching the $90k will happen before 2020. I am saying this on the basis of news that Mexico has legislated and are about to start transactions in the bitcoin, China has also removed the bans so more people and countries are expected soon to join the market.

   

 
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March 21, 2018, 09:08:56 PM
 #44

Bitcoin has not steady growth. Satoshi didn't implement some straightforward goal value which Bitcoin will reach in some stated time. We are all depending on the influences and manipulators of the current charts and we cannot predict something that will happen in 2 years. By my own beliefs, Bitcoin can also fall to the 1000$ and bellow till 2020.
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One strange comparison - How many people predicted that the world will end already till now. We are still here and we are investing so the predictions are in my opinion same as the gypsies foreseers visions.

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March 21, 2018, 09:21:08 PM
 #45

In a far future, I do believe that bitcoin has a chance to increase up to $90000 per bitcoin. Although it still has many disadvantages, people can never deny bitcoin and sooner or later, it will become digital gold. Moreover, the government is not good enough for us to believe on and many people have decided to depend on the decentralized system, like the blockchain

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March 21, 2018, 09:41:57 PM
 #46

I doubt about it. Since bitcoin fees will be very very expensive when the price reach $91.000. it will decrease people desire to buy bitcoin. Some people have to solve this problem first, maybe bitcoin price will be stable at $10.000-$12.000, at least before halving.







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March 21, 2018, 10:00:39 PM
 #47

The graph shows important details and prediction of how bitcoin behaves as it progresses going up. But these are all predictions that could either become true or would remain like a fiction. All these remains unclear until none will be interrupting the growth of bitcoin. The sudden drop in values of bitcoin is an indicator that the events like banning and some other things negative in aspect put bitcoin's progress to a halt. This could have become true had these negative things had not affected it. Hopefully and maybe in the future.
yes, I agree with your opinion, predictions only predictions alone can be true and not. indeed negative news about bitcoin can also affect the stability of bitcoin prices, of course we do not panic, always positive thinking, using what we can do.
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March 23, 2018, 05:57:39 AM
 #48

The graph shows important details and prediction of how bitcoin behaves as it progresses going up. But these are all predictions that could either become true or would remain like a fiction. All these remains unclear until none will be interrupting the growth of bitcoin. The sudden drop in values of bitcoin is an indicator that the events like banning and some other things negative in aspect put bitcoin's progress to a halt. This could have become true had these negative things had not affected it. Hopefully and maybe in the future.
It is possible for bitcoin to even touch 100k dollars after two years. The reason is very simple. Even a little increase in its demand and fame caused huge increment in its value.

By 2020, the demand would be hundred times more than what it is at present and its supply would be even lesser than now which will take bitcoin to the heights beyond the imagination of a common person for sure.That is why it is considered as the method of becoming a millionaire.
Yeah because according to G20 they will  not intervene or  regulate Bitcoin or crypto currency in general because it's only 1%of the world population is using bitcoin so far and
It  wouldn't have any effect to the world economy. Meaning bitcoin had wider opportunity to grow since we still 99%of the world population as a prospect to join.

Yeah the G20 thing is a victory for all of us that's why the market is only on swing mood as we have been enjoying a 3 days increased. So by 2020 we may hit $100K.

Let see if you get to $40K at the end of the year. Would like to see the market mature, no more irrational buyers like we have seen last year. Much better to have a slow phase and maybe pick up around mid year and see the price rallying at $40K before the year ends and the cycle continues till 2020.
This not very unusual of digital market to fall down and get up once again. Bitcoin has a bright future and it can touch 40k dollars by the end of this year. The last year closing value was 20k dollars.

Gaining 20 more this year is not a very difficult task for a coin that has the greatest potential of growing. Bitcoin can be worth 100k dollars also if such a long period of 2 to 3 years is given to it.It is destined to soar up that much.

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March 23, 2018, 06:37:56 AM
 #49

There is no harm in choosing this graph as a reference in the consideration and final decision to invest. But remember, prices are never the same every year, and things that can have a major impact on bitcoin prices that do not happen regularly also need to be considered.

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March 23, 2018, 06:44:23 AM
 #50

Ahahaha, millions and millions of predictions... To be honest, I tired about it. And all of them can't be true.
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March 23, 2018, 06:48:42 AM
 #51

BTC will rise but not as high as 91,000... and at some point some other coin/token/platform will replace it's leading position.
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March 23, 2018, 08:25:57 AM
 #52

I have read this article and I just wondering if those people panic due to sudden price dip will change their mind. I have always a believer of Bitcoin even its price varies every day. But in the long term I know that the price will always go up. What’s your take on this article? Here’s the link https://www.marketwatch.com/story/bitcoins-bull-market-intact-expect-91000-by-2020-says-fundstrat-2018-03-15?siteid=rss&rss=1&link=sfmw_fb
Those are only price speculation of bitcoin in the future but the margin of error of that speculation is very wide, meaning that is not accurate. We don't know what will really happen in the future. The important thing is we are here to support the cryptocurrency.
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March 23, 2018, 11:03:55 AM
 #53

The graph shows important details and prediction of how bitcoin behaves as it progresses going up. But these are all predictions that could either become true or would remain like a fiction. All these remains unclear until none will be interrupting the growth of bitcoin. The sudden drop in values of bitcoin is an indicator that the events like banning and some other things negative in aspect put bitcoin's progress to a halt. This could have become true had these negative things had not affected it. Hopefully and maybe in the future.
It is possible for bitcoin to even touch 100k dollars after two years. The reason is very simple. Even a little increase in its demand and fame caused huge increment in its value.

By 2020, the demand would be hundred times more than what it is at present and its supply would be even lesser than now which will take bitcoin to the heights beyond the imagination of a common person for sure.That is why it is considered as the method of becoming a millionaire.
Yeah because according to G20 they will  not intervene or  regulate Bitcoin or crypto currency in general because it's only 1%of the world population is using bitcoin so far and
It  wouldn't have any effect to the world economy. Meaning bitcoin had wider opportunity to grow since we still 99%of the world population as a prospect to join.

Yeah the G20 thing is a victory for all of us that's why the market is only on swing mood as we have been enjoying a 3 days increased. So by 2020 we may hit $100K.

Let see if you get to $40K at the end of the year. Would like to see the market mature, no more irrational buyers like we have seen last year. Much better to have a slow phase and maybe pick up around mid year and see the price rallying at $40K before the year ends and the cycle continues till 2020.
Prices for bitcoins are unpredictable. All such guesses are based on the history and personal experiences of expert traders that are inputting best of their knowledge. As far as the prices in next few years are concerned, define we would be seeing bitcoins above $35000 as basic level. But this price may range more than this or even bad times comes, we Amy see bitcoins at $20000 around.

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March 23, 2018, 11:07:12 AM
 #54

What is the point of having a bitcoin so expensive? none
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March 23, 2018, 03:33:01 PM
 #55

Well, I think it’s like to predict rain in a month. Everything is possible.
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March 23, 2018, 09:18:34 PM
 #56

The prediction is taken from the ceiling like all the others like it. With the same success could be counted and 191.000 and 1.191.000 by 2020. I do not understand the meaning of such "studies" and why people spend time playing oracles. It is impossible to predict the price of bitcoin even in the perspective of several months, not to mention the years.
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March 23, 2018, 09:34:08 PM
 #57

Well if there's no event that happening like crypto ban or hacker,the chart will likely become true.We all know that there're many factor that influence bitcoin price,i just hope there will be a good news that make more investor to join bitcoin and make the prediction come faster or exceed the expectation.
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March 23, 2018, 10:27:39 PM
 #58

Well if there's no event that happening like crypto ban or hacker,the chart will likely become true.We all know that there're many factor that influence bitcoin price,i just hope there will be a good news that make more investor to join bitcoin and make the prediction come faster or exceed the expectation.


Absolutely, thats a big point on you, for me i will consider the chart is gonna be unpredictable to happen as everyday varies the value this is because of some factors may contribute in making whole digital market will change. Its unpredictable to happen eventhough some as will expeculate what currency of bitcoin in this months it answer with a possive increase but now how is it going it merely up and down the value how much if the if all giant site will strickly implement a banned cryptocurrency it could be the chart is useless.

ChrishAi28
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March 23, 2018, 10:58:36 PM
 #59

Predictions is only a guess. Sometimes it will not happen and sometimes it will happen, no one knows. All we need is wait what will happen in the future. If the amount will at ceiling then many will be happy.

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March 23, 2018, 11:10:40 PM
 #60

With the graphs you can prove anything, just use the model that makes us more comfortable and you can show that the bitcoin will reaches
 zero or a million.
The reality is that this is an extremely unstable market and nobody knows what will happen tomorrow.

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