omonuyak
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May 19, 2019, 05:20:13 PM |
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Hi Guys:
Where do you see Bitcoin Value in 2020 ?
I believe more than $50,000. What do you think?
Which industry will get most affected if Bitcoin's value is more than $50,000 ?
Steve
There are many events in 2020 that are going to change the way we see bitcoin and I am thinking that by December 2020 bitcoin should be as high as $70,000 to $100,000. It might be a speculation now but I am believing that, it is going to happen that way and those that wish to hold are going to make huge profits.
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peter0425
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May 19, 2019, 05:31:32 PM |
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Hi Guys:
Where do you see Bitcoin Value in 2020 ?
I believe more than $50,000. What do you think?
Which industry will get most affected if Bitcoin's value is more than $50,000 ?
Steve
There are many events in 2020 that are going to change the way we see bitcoin and I am thinking that by December 2020 bitcoin should be as high as $70,000 to $100,000. It might be a speculation now but I am believing that, it is going to happen that way and those that wish to hold are going to make huge profits. Who wouldn't like that price in December 2020? However, we should be giving conservative estimates, so that we won't be dishearten or disappointed when the price wasn't touch. For me at least reaching the last ATH of $20k will be an achievement in itself.
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Ayiranorea
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May 19, 2019, 06:17:33 PM |
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2020 is a big year for bitcoin, it is all about technology. The growth gets impacted often, and what we have experienced is a correction which takes place whenever there is large scale growth. The growth happening over the period surely gets carried forward over the falling year. Most predictions state that the value will reach a new ath by 2020 and even there is chance to reach $100000.
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boyptc
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May 19, 2019, 10:27:58 PM |
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2020 is a big year for bitcoin, it is all about technology.
It is a big year because halving will take place by May. --> https://www.bitcoinblockhalf.com/Most predictions state that the value will reach a new ath by 2020 and even there is chance to reach $100000.
$50k for OP and $100k for you? I'm just even thinking around $10k - $30k.
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samcrypto
Sr. Member
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May 19, 2019, 11:46:30 PM |
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2020 is a big year for bitcoin, it is all about technology. The growth gets impacted often, and what we have experienced is a correction which takes place whenever there is large scale growth. The growth happening over the period surely gets carried forward over the falling year. Most predictions state that the value will reach a new ath by 2020 and even there is chance to reach $100000.
Yes, it can be a big year again because of the speculations and of course the development of bitcoin. They’ve said the next halving with bitcoin is important, i see that one as a real target and we have to prepare for that now. The value will increase, the demand of a bigger companies will also going to pump so be ready for the take off with bitcoin.
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traderethereum
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May 20, 2019, 03:33:43 PM |
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There will be so many possibilities for bitcoin price to increase, and we could only make a prediction related to the price. But the truth, we still don't know how much bitcoin price could reach in 2020 and I think we could wait for the year will come. And if the price could reach more than $20k at the beginning of 2020, then that will be a good time for us to sell some bitcoin so we can be prepared for the down of the price for a moment before it will increase higher than that price.
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uneng
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May 20, 2019, 08:12:28 PM |
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We need to see how 2019 does. I believe there are good chances 2019 will finish as a good year for bitcoin, then in 2020 the investors can keep the confidence on the market potential. The most impacting news of 2020 will surely be the USA polls for president. It must be followed carefully, so we can see how the american polls scenario will affect bitcoin price. There are a lot of interests in game, and bitcoin can have some role on this situation.
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2chase
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May 20, 2019, 08:53:15 PM |
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I think that in 2020, Bitcoin will not be able to reach the price of $ 50,000. This is too high a price. Such a price will probably be possible no earlier than the middle or even the end of 2021. First of all, we must wait a halving of reward, and only then Bitcoin will attempt to exceed its previous peak value.
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iv4n
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May 21, 2019, 06:27:43 AM |
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I think that in 2020, Bitcoin will not be able to reach the price of $ 50,000. This is too high a price. Such a price will probably be possible no earlier than the middle or even the end of 2021. First of all, we must wait a halving of reward, and only then Bitcoin will attempt to exceed its previous peak value.
What caused recent rise? You can`t find the reason for that, in a contrary, after binance was hacked and some other things people expected price to drop. How unpredictable price is some people knows for a long time, nothing changed about that. So what can happen in 2020, the year of the halving, what price to expect next July and price in the end of 2020 is very hard to predict. I think anything is possible, recent rise proves that again, so keep you head cool and if you think its top sell some, if you think its bottom buy some and like that until price makes this kind of swings, this will not last forever.
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EdenHazard
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May 21, 2019, 06:40:23 AM |
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I never took this question seriously, because no one will know against it. We just did with our crazy predict and imagine its price reach $50.000 and I never found someone's predicts who clearly explain that bitcoin will touch high amount with some certain factors on it. Most of them just predict bitcoin with the movement price that happened now, you may know its price can up drastically and down drastically so it cannot be used as a benchmark. Because we don't know what company who will accept bitcoin and use bitcoin as it should and I never know what company/country who will ignore bitcoin and bitcoin until its price come back to down.
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ancafe
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May 21, 2019, 01:00:47 PM |
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There will be so many possibilities for bitcoin price to increase, and we could only make a prediction related to the price. But the truth, we still don't know how much bitcoin price could reach in 2020 and I think we could wait for the year will come. And if the price could reach more than $20k at the beginning of 2020, then that will be a good time for us to sell some bitcoin so we can be prepared for the down of the price for a moment before it will increase higher than that price.
we really don't know how much bitcoin will be in the future. however, the potential of bitcoin is indeed very big to estimate. well, now we are in mid-2019, if this year the price of bitcoin is able to reach a price of $ 13,000, I think in 2020, the price of bitcoin can reach a price of $ 20k, it will become a new ATH.
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Gaff
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May 21, 2019, 02:30:29 PM |
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There will be so many possibilities for bitcoin price to increase, and we could only make a prediction related to the price. But the truth, we still don't know how much bitcoin price could reach in 2020 and I think we could wait for the year will come. And if the price could reach more than $20k at the beginning of 2020, then that will be a good time for us to sell some bitcoin so we can be prepared for the down of the price for a moment before it will increase higher than that price.
we really don't know how much bitcoin will be in the future. however, the potential of bitcoin is indeed very big to estimate. well, now we are in mid-2019, if this year the price of bitcoin is able to reach a price of $ 13,000, I think in 2020, the price of bitcoin can reach a price of $ 20k, it will become a new ATH. Of course nobody can predict and say the final conclusion no of the price, but I do hope price might stabilized at $20k that time. Even now we didn't experience bullish market, but for future sake bigger potential might happen soon. Expect less prepare for the best, that's our aim for how many months of long time wait. Chill, relax and enjoy the bouncy ride that we're part of bitcoin's journey towards greater economy of digital currency.
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kateycoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2019, 03:12:02 PM |
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I think cryptocians know that bull is started and many of us feels that new ATH will come this coming 2020.and I believe that this great opportunity to buy and hold it till we reach again a new ATH in crypto. I think 2020 year will be great for us specifically to all coins.
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traderethereum
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2019, 10:10:28 PM |
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There will be so many possibilities for bitcoin price to increase, and we could only make a prediction related to the price. But the truth, we still don't know how much bitcoin price could reach in 2020 and I think we could wait for the year will come. And if the price could reach more than $20k at the beginning of 2020, then that will be a good time for us to sell some bitcoin so we can be prepared for the down of the price for a moment before it will increase higher than that price.
we really don't know how much bitcoin will be in the future. however, the potential of bitcoin is indeed very big to estimate. well, now we are in mid-2019, if this year the price of bitcoin is able to reach a price of $ 13,000, I think in 2020, the price of bitcoin can reach a price of $ 20k, it will become a new ATH. Bitcoin can reach that price in the future, but we don't know if that will happen in 2020 or not because the price could go anywhere. We could only hope that bitcoin price can increase more than $10,000 in this year so, in the next year, the price can rise higher than this year. We still have 7 months to see how high bitcoin price can increase so everything can be possible, and now, the price still trying to break the higher price and I see the big chance to get a new higher price.
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Yamifoud
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2019, 10:32:37 PM |
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Hi Guys:
Where do you see Bitcoin Value in 2020 ?
I believe more than $50,000. What do you think?
Which industry will get most affected if Bitcoin's value is more than $50,000 ?
Steve
in 2020 bitcoin gets another block halving, ATH bitcoin in the past was around 20k USD and that means about the price of bitcoin will have doubled and taking from its ATH and it should be around $40k or less. Block halving decrease 50% from the block reward and that cuts the total bitcoin that distributed anytime to the exchage site becomes 50% less. I don't feel that resistance and even halving will push the market to grow but not to the extent that it will soar high x2 from 2017 ATH. It would be great to see BTC price like that but somehow there is no reason why we should be able to top when people can't even afford to buy this coin. Better to stay at low prices where we can enjoy buying Bitcoin and not have too much risk to face.
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South Park
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May 22, 2019, 09:08:28 PM |
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Hi Guys:
Where do you see Bitcoin Value in 2020 ?
I believe more than $50,000. What do you think?
Which industry will get most affected if Bitcoin's value is more than $50,000 ?
Steve
Even if you are correct in your prediction such a huge price will be for nothing if it cannot be maintained, however if the price of bitcoin not only reaches those levels but it can also be maintained then the governments are going to have a lot of trouble explaining to their citizens why they should not invest in this new form of money that is so profitable and that does not have all the ridiculous regulations that fiat has, so banks and governments will be the hardest hit by such a huge and stable price.
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danherbias07
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May 22, 2019, 11:08:51 PM |
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I doubt it will go to that much.
You know there is always a line in the financial market. Do you really think they will let that happen? Those authorities will bring bitcoin down in a blink without any remorse. Better be satisfied with what you have by now and the slow movement or lose it all. Right?
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jademaxsuy
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May 23, 2019, 02:49:43 AM |
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I doubt it will go to that much.
You know there is always a line in the financial market. Do you really think they will let that happen? Those authorities will bring bitcoin down in a blink without any remorse. Better be satisfied with what you have by now and the slow movement or lose it all. Right?
Whales could bring down the bitcoin market price this because they have made the current bitcoin market price now surge up to 7K USD. Now, it is up to the people around the world to invest in bitcoin and probably those ICO projects that does not have the real project but only invested on bitcoin and other coins in the market. This will help BTC or the crypto market to pump up but I guess the OP was exaggerating too much about thinking 50K USD per btc in the year 2020. I am only thinking about 20-30K Usd per btc in the future like in 2020.
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Fredomago
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May 23, 2019, 04:06:33 AM |
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Hi Guys:
Where do you see Bitcoin Value in 2020 ?
I believe more than $50,000. What do you think?
Which industry will get most affected if Bitcoin's value is more than $50,000 ?
Steve
Even if you are correct in your prediction such a huge price will be for nothing if it cannot be maintained, however if the price of bitcoin not only reaches those levels but it can also be maintained then the governments are going to have a lot of trouble explaining to their citizens why they should not invest in this new form of money that is so profitable and that does not have all the ridiculous regulations that fiat has, so banks and governments will be the hardest hit by such a huge and stable price. Maintaining will be the big test in terms of this industry, as trading value will continuously moving according to how the traders and investors way they will keep on buying or selling the coin as it will attract more new investors, with such amount of value it hardly to maintained that level as gainers will sell it out and dumpers and panic sellers will follow.
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May 23, 2019, 06:36:14 AM |
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I doubt it will go to that much.
You know there is always a line in the financial market. Do you really think they will let that happen? Those authorities will bring bitcoin down in a blink without any remorse. Better be satisfied with what you have by now and the slow movement or lose it all. Right?
If those "authorities in financial cycle" according to you has such tremendous power to bring bitcoin down they could have do that long time ago. Bitcoin has it own backing outside of those authority and nor of them can harm bitcoin the way we think.
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