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SixOfFive (OP)
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June 25, 2018, 07:45:29 PM |
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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bdbabiak77
Jr. Member
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Activity: 42
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June 25, 2018, 07:55:41 PM |
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
There's not going to be a 166% bull-run in months? No shit, sherlock. This is the least informative thing you could have said. I got a similar one: "Bitcoin is not going to be 9 Trillion dollars by the end of the day." Hopefully, you were not hoping to become a psychic, because if so, you need a new career idea. PS Markets are somewhat efficient. If there was any reason for a percentage of people to believe rationally that bitcoin could go up 167% in a year or so, the price would not be what it is now, because they'd be buying. They'd be buying at $800,000/bitcoin in this case. But they're not. So that isn't a rational belief held by anyone..... |
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Rinchik
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June 25, 2018, 08:11:12 PM |
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You're right. I doubt that he will ever be able to reach such a figure someday. It seems to me that it is too much for him (
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sabrikks
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June 25, 2018, 08:11:46 PM |
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if you don't believe it so why are you posting about it  back to your question, I don't think so 2020 is such short amount of time for bitcoin to grow to even 100k. Bitcoin is still strugling for mass adoption. |
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funchiestz
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June 25, 2018, 08:15:44 PM |
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Reaching 1 million is a very difficult target. My prediction is to go up to 200K up to 2022-2023. But those are the highest numbers. To expect to rise even more is to dream a bit.
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Psychee
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June 25, 2018, 08:34:14 PM |
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I think that bitcoin can grow to 1 million only when all crypto projects are closed or by the end of 2088 so prodovayte bitcoins and invest dengi in other crypto projects like it did I started investing in Socratus this is very lucrative
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awawo
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June 25, 2018, 08:57:22 PM |
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Since bitcoin market is highly volatile it is very hard for us to predict what the Price will be at the end of 2020 and at that we can only guest following market development, bitcoin with the level of it acceptability at the present moment will rise high very soon but saying $1 million in 2020 will be an over exacerbating but one thing for sure bitcoin is going to rise high in price very soon.
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sujonali1819
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Need Campaign Manager?PM on telegram @sujonali1819
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June 25, 2018, 09:02:16 PM |
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
1 MILLION $  ? That is very difficult sir and i think it is not possible. Yea it is right that if all country will accept and will use bitcoin like real money in the future then the price of bitcoin will be unpredictable. But by end of 2020 $1M is a very Ridiculous dream. |
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eliek18
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June 25, 2018, 09:05:30 PM |
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most probably 100k
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cetald
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June 25, 2018, 09:09:15 PM |
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I agree with the author. If bitcoin grows to $1 million in 2020, then it means that the capitalization of the cryptocurrency market will be 100 times grows in two years. This is unrealistic
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2fresh
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June 25, 2018, 09:12:25 PM |
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No I think we will sooner be looking at someone eating his own dick than see btc at 1 million  |
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helen28
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June 25, 2018, 09:14:59 PM |
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It is hard to predict the price especially that the value of bitcoin now was really unpredictable, a lot of prediction during those past few months that bitcoin will gonna raise again by 2nd quarter but it did not happen, so let us just see and wait.
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lolland
Jr. Member
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Activity: 89
Merit: 1
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June 25, 2018, 09:26:23 PM |
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
A world financial breakdown, where no countries want to hold other countries currencies, cut be what, that would bring Bitcoins prices up there. However a million dollar Bitcoin would also mean that 0.1 Bitcoins would cost 100.000 and 0.01 Bitcoins would cost 10.000 Bitcoins. My guess are that Bitcoins will be 100 k in 2020 and 200k or much more in 2024 |
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vanlab1995
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June 25, 2018, 09:34:24 PM |
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that is a really a short term, i think price will go up for sure but no so high.
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SistaFista
Sr. Member
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Activity: 1638
Merit: 251
Hexhash.xyz
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June 26, 2018, 02:15:22 AM |
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
That is a hard achievement but not impossible happening in the future of bitcoin. Just like bitcoin price was increased from less than $1 in the beginning to $19k last year, it still can be happening. of course it will need long time, but i believe in bitcoin and cryptocurrency, thats why im still here supporting crypto. |
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Goldenprog
Newbie
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Activity: 140
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June 26, 2018, 02:24:18 AM |
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nothing is impossible. if bitcoin reach 1M. if many investors are in bitcoin. and every country supports bitcoin. this can happen higher bitcoin price.
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SixOfFive (OP)
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June 26, 2018, 07:38:11 PM |
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
There's not going to be a 166% bull-run in months? No shit, sherlock. This is the least informative thing you could have said. I got a similar one: "Bitcoin is not going to be 9 Trillion dollars by the end of the day." Hopefully, you were not hoping to become a psychic, because if so, you need a new career idea. PS Markets are somewhat efficient. If there was any reason for a percentage of people to believe rationally that bitcoin could go up 167% in a year or so, the price would not be what it is now, because they'd be buying. They'd be buying at $800,000/bitcoin in this case. But they're not. So that isn't a rational belief held by anyone..... If you do not find this conversation meaningful...then don't reply. No need to act oversmart...and listen I don't need to have any career advice from a newbie. |
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gesdan
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June 26, 2018, 07:46:19 PM |
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id people in the world is supporting bitcoin, the demand of bitcoin is higher than the stock and the government is legalized bitcoin I think bitcoin can reach that value, from the limited amount I the world bitcoin maybe can reach that price if all of that is passed
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safarabela
Jr. Member
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Activity: 353
Merit: 4
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June 26, 2018, 07:52:15 PM |
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
Sorry, I doubt bitcoin will reach 1 million by 2020 and it will be difficult to achieve. I think bitcoin will have a value of 40k - 50k in 2020. |
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rexxarofmoknathal
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June 26, 2018, 08:02:14 PM |
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
I'm of the same opinion. I do think bitcoin will increases by 2020 but by 1M is way too high given the timeframe. The least I can suspect it will reach is anywhere between 20-50 grand. |
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