Bitcoin Forum
May 08, 2024, 08:15:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 »
  Print  
Author Topic: Will Bitcoin reach $ 91,000 by 2020?  (Read 2240 times)
BattleZeo
Member
**
Offline Offline

Activity: 350
Merit: 10

Global loyalty & rewards


View Profile
May 06, 2018, 09:26:55 PM
 #301

Fundstrat founder and strategist Tom Lee recently announced that bitcoin prices would reach $ 91,000 by March 2020. What do you think about this prediction? Please comment on this issue?
No, this is already impossible. The cryptocurrency market has already become too large for such multiple growth. I think $ 30,000 is the maximum Bitcoin price in 2020.

1715199333
Hero Member
*
Offline Offline

Posts: 1715199333

View Profile Personal Message (Offline)

Ignore
1715199333
Reply with quote  #2

1715199333
Report to moderator
1715199333
Hero Member
*
Offline Offline

Posts: 1715199333

View Profile Personal Message (Offline)

Ignore
1715199333
Reply with quote  #2

1715199333
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715199333
Hero Member
*
Offline Offline

Posts: 1715199333

View Profile Personal Message (Offline)

Ignore
1715199333
Reply with quote  #2

1715199333
Report to moderator
Mr.ZODIAC
Member
**
Offline Offline

Activity: 336
Merit: 11


View Profile
May 06, 2018, 09:30:14 PM
 #302

Fundstrat founder and strategist Tom Lee recently announced that bitcoin prices would reach $ 91,000 by March 2020. What do you think about this prediction? Please comment on this issue?
No, this is already impossible. The cryptocurrency market has already become too large for such multiple growth. I think $ 30,000 is the maximum Bitcoin price in 2020.
I really liked the design of this topic. I wonder why it is 91,000 dollars, and not 95,000 dollars, for example? Did Mr. Copperfield calculate the specific figures and predicted them for 2020?
richminded
Sr. Member
****
Offline Offline

Activity: 798
Merit: 268


View Profile
May 06, 2018, 09:38:40 PM
 #303

That amount you are talking about here is a lot and what I believe that it will not be reached by bitcoin at any time, not in 2050. So this is just cheapest speculation.


Well, even if bitcoin continue to pump this year I don't think it  can hit the price of $91k in just a short period of time but who knows. So for me I will just focus on having more bitcoin so if this time comes I'm ready to become a multi millionaire.
Nick Abimanyu
Member
**
Offline Offline

Activity: 406
Merit: 19


View Profile
May 06, 2018, 10:08:00 PM
 #304


If we refer to the supply of bitcoin, this prediction is very likely to be true, although is considered too early and $ 91.000 isn't impossible can be achieved easily by 2020.
Now, if bitcoin demand in various countries continues to increase it's not just fantasy if bitcoin values can continue to rise and even more expensive than this year.
MiukoOk
Newbie
*
Offline Offline

Activity: 168
Merit: 0


View Profile
May 06, 2018, 10:42:11 PM
 #305

I just hope this year BTC price will increase to $ 50000. But hope is likely to decline as the market is falling. I do not think this time the market price falls again. I expect the BTC will reach the $ 10,000 mark next week.
Osakrita
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
May 06, 2018, 10:55:45 PM
 #306

Fundstrat founder and strategist Tom Lee recently announced that bitcoin prices would reach $ 91,000 by March 2020. What do you think about this prediction? Please comment on this issue?
I think it is very modest estimate or even an under- estimate.There is the prediction by John McCafee that bitcoin will hit 30,000 USD by the end of 2018.Bitcoin has at least doubled every year in the last couple of years-not counting- the dips.Adoption can grow astronomical and price same
granchio
Full Member
***
Offline Offline

Activity: 336
Merit: 100


View Profile
May 06, 2018, 11:24:48 PM
 #307

Fundstrat founder and strategist Tom Lee recently announced that bitcoin prices would reach $ 91,000 by March 2020. What do you think about this prediction? Please comment on this issue?

I think it is very hard to predict even the next price of the bitcoin exactly for the next months. So, I think making an exact prediction for 2020 is much more difficult.

But in my way of thinking, bitcoin has a great potential to reach incredible levels in the near future.
Primal6666
Jr. Member
*
Offline Offline

Activity: 182
Merit: 2

Market Integration Platform


View Profile
May 06, 2018, 11:38:04 PM
 #308

Fundstrat founder and strategist Tom Lee recently announced that bitcoin prices would reach $ 91,000 by March 2020. What do you think about this prediction? Please comment on this issue?

If the market capitalization will continue to grow. All the Bitcoins by that time will obviously be mined. If demand exceeds supply in many times, then yes, such a price, theoretically, is possible. In practice, personally, I strongly doubt it. Given the ever-increasing appearance number of new coins, technologies, it is unlikely that such a huge portion of capital will not flow into other coins.

OAX - BRIDGE TO TRADITIONAL FINANCE WORLD
OAX - INTEGRATION OF CRYPTOCURRENCY MARKET
■ oax.org ■ bit.ly/BttANN ■ bit.ly/ActiveBounty ■
Vispilio
Legendary
*
Offline Offline

Activity: 2072
Merit: 1616



View Profile WWW
May 07, 2018, 12:20:42 AM
 #309

Fundstrat founder and strategist Tom Lee recently announced that bitcoin prices would reach $ 91,000 by March 2020. What do you think about this prediction? Please comment on this issue?

If the market capitalization will continue to grow. All the Bitcoins by that time will obviously be mined. If demand exceeds supply in many times, then yes, such a price, theoretically, is possible. In practice, personally, I strongly doubt it. Given the ever-increasing appearance number of new coins, technologies, it is unlikely that such a huge portion of capital will not flow into other coins.

This is a good analysis, but also bear in mind to be the longest and safest blockchain is a tremendous leading advantage, so either Bitcoin or another contender with the same origins like BCH can continue to dominate as the base Crypto Currency, in which case 90k USD will be a modest estimate.

icohunter1024
Jr. Member
*
Offline Offline

Activity: 280
Merit: 6


View Profile
May 07, 2018, 06:29:48 AM
 #310

I think more and more Altcoin is fierce competition the zero altcoin rubbish will gradually be eliminated, only the valuable Altcoin will survive that capital will be poured into the amount of coin less than $ 91,000 is achievable. But I do not think this year.
btcmegastar
Member
**
Offline Offline

Activity: 700
Merit: 12


View Profile
May 07, 2018, 06:46:32 AM
 #311

That amount you are talking about here is a lot and what I believe that it will not be reached by bitcoin at any time, not in 2050. So this is just cheapest speculation.


Well, even if bitcoin continue to pump this year I don't think it  can hit the price of $91k in just a short period of time but who knows. So for me I will just focus on having more bitcoin so if this time comes I'm ready to become a multi millionaire.

This is the best way to think in a different way because we don't know when and how long it will take to reach more than $91k but already the price of bitcoin is kept increasing. So there might be a chance to increase but there is not exact prediction about the price.
wangli370404
Jr. Member
*
Offline Offline

Activity: 131
Merit: 1


View Profile
May 07, 2018, 07:03:27 AM
 #312

Inexplicable speculation is irresponsible, saying that so-and-so coin will rise to how much, should have basis. I only believe in facts. I never believe what I guess.
DonateBB
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
May 07, 2018, 01:37:03 PM
 #313

If BTC reaches the $ 91000 price, there will probably not be many people joining the BTC, which is a huge price. I can not imagine having a currency or a kind of property that could hit that price.
davida
Sr. Member
****
Offline Offline

Activity: 585
Merit: 250



View Profile
May 07, 2018, 01:48:48 PM
 #314

By 2020, I think bitcoin price will reach the speculated amount if the flow of chart continues at the rate at which it is now and more companies agree with it, it shouldn't be a problem hitting that amount or even higher by 2020.
ROB18
Full Member
***
Offline Offline

Activity: 380
Merit: 100



View Profile
May 07, 2018, 04:05:14 PM
 #315

Since we are all speculating, I would also like to put my guessing skill in the table. And I guess bitcoin had the possibility of reaching this amount as the supply of bitcoin is low. But since there are so many coins nowadays, this may interrupt with the increase. Let's wait and see, its only 2 years from now anyway.

███   ████     Bitgesell's first yearly halving is coming in less than a month!     ████   ███
B I T G E S E L L      BUY BGL/USDT NOW AT DIGIFINEX
██               ████████     •     Telegram     •     Twitter     •     ████████               ██
morgan4140
Full Member
***
Offline Offline

Activity: 434
Merit: 100



View Profile
May 07, 2018, 04:51:22 PM
 #316

I think by 2020 there will be a lot of changes in the cryptocurrency world. Perhaps a new currency will come to replace bitcoin.
mikaeltomcruz12
Full Member
***
Offline Offline

Activity: 556
Merit: 100


View Profile
May 07, 2018, 04:58:31 PM
 #317

That's too  far prediction bitcoin now is in very slow moving price it takes too long before bitcoin will hit this prediction. All we need to do is introduce bitcoin to other people to find more investors that will support bitcoin and for bitcoin future.
zorgo
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
May 07, 2018, 04:59:53 PM
 #318

With this price bitcoin's market cap will be not so far from gold's market capitalisation, so I think this is possible because many people consider BTC as a replacement to gold.
kolonel_x
Sr. Member
****
Offline Offline

Activity: 1092
Merit: 250


View Profile
May 07, 2018, 06:47:31 PM
 #319

I'm not so sure to be able to reach 91 k, he can penetrate my 25k dollars is very high according to me. time is so fast and we see what will happen

INVALID BBCODE: close of unopened tag in table (1)
ajdaj
Full Member
***
Offline Offline

Activity: 532
Merit: 100



View Profile
May 07, 2018, 07:42:53 PM
 #320

I'm not so sure to be able to reach 91 k, he can penetrate my 25k dollars is very high according to me. time is so fast and we see what will happen
but you must understand that such a price for a coin looks almost like a fantasy. I still can not understand Why Bitcoin has such a great price And it seems to me that this is a big soap bubble .
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!