bryant.coleman
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July 07, 2018, 07:19:07 AM |
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Last time, the spike occurred in 2017, around 12 months after the block reward halving. The next block reward halving is scheduled for 2020 and therefore we can expect the next spike in 2021 (and not in 2020 as the OP has stated).
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dulari1
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July 07, 2018, 07:39:33 AM |
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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?
Quite possible and much easier if we see history of bitcoin . there are 2 main reasons for this claim as per me - 1. There is halving of bitcoin in 2020 so rewards per block will be half in 2020 for miners , which will pump its price no doubt . 2. bitcoin is in dip now with 6.6k USD price and x14 from here in 3 years is easy if we see history and consider 1st point also . |
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Osarman
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July 13, 2018, 06:18:55 AM |
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Everything can happen since crypto market is full of changes and surprises. But I think no, because there is no any strong reason for this to happen
There are many strong reasons as we know generally that increase in demand rate is responsible for price movement in upward direction. Furthermore we have been observing it many times in the past and that time there were no strong or clear reasons to happen but it recovered. So there are many factors which are responsible for its price movement but the demand factor can increase the price anytime. |
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LFC_Bitcoin
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July 13, 2018, 09:43:30 AM |
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Can it - Yes
Will it - Who knows, so many things can/will happen leading up to that date
Fingers crossed
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drogba773
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August 07, 2018, 08:18:29 AM |
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For me its no. I think it will just be around $50k. For the big drop bitcoin experienced now maybe it will cover to 3 to 5 years at least before it will go up again. That’s just in my own analysis. But we don’t know the run really of the market.Lets just hope that year 2020 bitcoin will arise that high.
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nsmdgw
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August 07, 2018, 08:25:19 AM |
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I think this is very unlikely. Bitcoin is currently only $ 7k. In order to reach that horrible number, many people need help and promote bitcoin for everyone to know bitcoin. So if 2019 is known to everyone, then that figure will be realized.
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manismanja
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August 07, 2018, 01:46:26 PM |
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in my opinion, it won't be possible for bitcoin prices to be as expensive as those of bitcoin won't be able to be as expensive as they are, but all possibilities can occur in the world of cryptocurrency.
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bitcoinerjawa
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August 07, 2018, 04:09:07 PM |
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in my opinion it is very heavy and it is impossible because the current price conditions are very far and if you can make an increase to as expensive as it must have many investors.
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hawkins
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August 07, 2018, 04:23:04 PM |
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in my opinion it is very heavy and it is impossible because the current price conditions are very far and if you can make an increase to as expensive as it must have many investors.
I don't know what will happen in 2020, but there is a high probability that there is a very high price behind cryptocurrency, especially bitcoin and ETH. well, we don't know what bitcoin will be when it has been mined to 21 million coins, well, the price could be that high. |
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DMCR lah
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August 07, 2018, 05:07:29 PM |
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if you look at the current situation it seems that it will not happen, now we are approaching the end of the year and the year will soon change but the price of bitcoin has not shown any indication of going up.
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korangtahes
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August 07, 2018, 06:06:07 PM |
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it can happen if there is no news that drops the price of bitcoin, news is the most influential thing on bitcoin. if there is negative news, surely the price of bitcoin will drop.
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drogba773
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August 17, 2018, 05:11:11 PM |
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No. Although BTC has a good development now,I do not think that it can reach $91k in 2020. There are too many legal problems which the devs need to solve to accepted by the Governments in the world
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hawkins
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August 17, 2018, 05:47:09 PM |
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No. Although BTC has a good development now,I do not think that it can reach $91k in 2020. There are too many legal problems which the devs need to solve to accepted by the Governments in the world
it's so difficult to imagine the price of bitcoin to be that high in 2020. but, I think we must remain optimistic even though it is very difficult to think about. well, but don't be so hopeful, and focus on increasing your income, because whatever the price of bitcoin will be, if you don't have it, I think it will be useless. |
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icomaster90
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August 17, 2018, 05:47:33 PM |
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i think no
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valentinen39
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August 17, 2018, 07:40:19 PM |
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No. Although BTC has a good development now,I do not think that it can reach $91k in 2020. There are too many legal problems which the devs need to solve to accepted by the Governments in the world
It is possible for the price of cryptocurrency to reach $91k dollars if most of the price will consistently pump up every end of the year and that is the reason why we should hold our coins today. |
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yonjitsu
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August 18, 2018, 09:51:05 AM |
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That seems possible and reachable because by 2019, the average experts' prediction falls on the 50,000$ mark and the year 2020 is viewed as they year or decade for bitcoin to reach its potential all time high. If that really gives weight on it, then it's just a matter of time for bitcoin holders to earn a huge return of investment.
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blockchain09
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August 18, 2018, 03:33:02 PM |
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I don't think so, bitcoin sure has the potential to be better at its worth than now but 91.000$ of worth in 2020? You'd better had some proofs to prove that than just a saying.
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karel88l
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August 18, 2018, 04:10:39 PM |
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Any prediction without serious analysis is only shooting on blind.
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icreative998
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August 18, 2018, 04:27:18 PM |
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We can say 40.000 - 60.000$ but 91.000$, that's something else and it will need more than 2 years to reach that in my opinion.
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drogba773
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August 26, 2018, 11:38:01 AM |
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For me its no. I think it will just be around $50k. For the big drop bitcoin experienced now maybe it will cover to 3 to 5 years at least before it will go up again. That’s just in my own analysis. But we don’t know the run really of the market.Lets just hope that year 2020 bitcoin will arise that high.
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