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Author Topic: How much can bitcoin cost in Future.  (Read 1545 times)
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January 16, 2020, 10:06:12 PM
 #101

It's easy to make predictions in this voltile market as you can say the price can go over 15 grand or so, but making real judgments is very difficult or saying it's impossible because prices fluctuate very quickly depending on the current market environment. But if you asked for speculations, halving next year might have a positive effect on prices and push prices above 20k by the end of 2020 with normal corrections coming in between so just wait for the actual pump time.

 
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January 17, 2020, 02:08:43 AM
 #102

It's easy to make predictions in this voltile market as you can say the price can go over 15 grand or so, but making real judgments is very difficult or saying it's impossible because prices fluctuate very quickly depending on the current market environment. But if you asked for speculations, halving next year might have a positive effect on prices and push prices above 20k by the end of 2020 with normal corrections coming in between so just wait for the actual pump time.


The halving is this year not in 2021.

The price of a full adoption should be very high and the regular users should think in satoshis and not in bitcoins anymore.

Just look at hathaway berkshire shares. We could consider to reach as high as $200-300k until we're absorbed in the financial markets and, very important, tamed. That is then when the crypto market will behave as Gold, rather slow but stable. But with higher potential for the future, the new generation can't do anything with gold. We're living in a digital world now.
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January 17, 2020, 02:30:00 AM
 #103

Bitcoin's price for the future depends on how we see it now. Most of us now see it as a commodity, and the market for bitcoin continues to rise. Mass adoption is taking place even though you don't think it's easy. We can't predict the bitcoin price correctly in the future if we're just going to focus on its current price. The key is to see that over time it''s going to continue going up

But you need to calculate how much profit that should be gained don't just have many expectation that bitcoin price will be higher than now. Look how many persons who regreted that didn't sell their bitcoin at the all time high? I think there is much and I believe they regreted now. We don't need mass adoption as long as the people see bitcoin is a legit investment place. The new user will choose it quickly and buy bitcoin to gain money.
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January 17, 2020, 03:23:52 AM
 #104

In the future, the increase in the price of bitcoin is subject to certain restrictions and prohibitions imposed by some countries. The recent clamp down on some exchanges in China, for example, had really influenced the price to a downward trend, this and many more are likely to be implemented by unfriendly cryptos in the future. Nonetheless, all these bottlenecks would not dissuade the price of it because, as its popularity soars, many investors would invest in it and bear in mind that the more scarce the holders thus raise their value according to their size.

but i have a different views on this one mate,for me?everything will in favor Bitcoin in the next 10 years because there is no competitive currency that can adopt the computer age like Bitcoin and Cryptocurrencies .
imagine what will be the changes when people realizes how easy and friendly Bitcoin to use as payments?that thing will encourage people and of course the government will follow if their people demand for adoption,so more or less in future?we will be using Bitcoin as Main currency.









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January 17, 2020, 04:44:09 AM
 #105

Bitcoin's price for the future depends on how we see it now. Most of us now see it as a commodity, and the market for bitcoin continues to rise. Mass adoption is taking place even though you don't think it's easy. We can't predict the bitcoin price correctly in the future if we're just going to focus on its current price. The key is to see that over time it''s going to continue going up

What is going to be the future price of bitcoin during the next decades is one of those questions from which we wish we had the answer but we need to be honest and admit we have no way to know that, everything will depend on how the fiat crisis that is boiling will be resolved and how people react to it, if people decide to keep trusting in fiat despite everything that it will happen then bitcoin may not be as valuable as we think but if bitcoin became an alternative for many people then we could be talking about hundreds of thousands of dollars for each bitcoin.
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January 17, 2020, 09:17:09 PM
 #106

Investors will not lose hope as long as the popularity of Bitcoin remains constant, they will not lose hope and will always prefer to select Bitcoin as a priority for investment. Unfriendly countries against cryptography will be open to this kind of virtualized currency one day, even though the obstacles have been so difficult. The world was evolving and it was likely that different scenarios could arise in many ways every year. I believe that in the future though sooner or later we'll reach new heights

 
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January 19, 2020, 01:01:43 AM
 #107

A lot of people are keep speculating what price can bitcoin reach in the future, I do not like it because sometimes we will onle get disappointed if our expectation did not happen. There will be a uncomfortable feeling because we are not satisfied to see the truth. People want profit and it is the reason why they keep predicting the price, I also want profit but for me speculating is not the answer. Focusing in present price can help us to make wise decision that can help us to build huge portfolio.

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January 19, 2020, 02:31:09 AM
 #108

A lot of people are keep speculating what price can bitcoin reach in the future, I do not like it because sometimes we will onle get disappointed if our expectation did not happen. There will be a uncomfortable feeling because we are not satisfied to see the truth. People want profit and it is the reason why they keep predicting the price, I also want profit but for me speculating is not the answer. Focusing in present price can help us to make wise decision that can help us to build huge portfolio.
Speculating base from you assessment and studies also adds up when you are dealing with this business. Anticipating in order to setup your targets
gives you good edge from the ups and downs which are happening inside the market, with good understanding you'll be able to find the best patterned
to be more profitable and you'll be able to adjust with the wide spread of time span.
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January 19, 2020, 09:43:27 PM
 #109

We can't predict tomorrow's bitcoin price, then how it's possible to predict the bitcoin price with accuracy after years. The price to the supply depends a lot on the demand. The mining is another thing that gives the price estimate. Different countries have a difference in the cost of a single bitcoin mining. Perhaps there will be an inverse reaction on the price when the mining equipment was more effective with low electricity consumption.

 
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January 20, 2020, 06:34:16 AM
 #110

I think the price of bitcoin is very dependent on demand and supply. if bitcoin demand in the future gets higher then the price of bitcoin will also be more expensive. and in my opinion in the future the crypto market will grow even more because there are currently many companies and industries that support crypto and blockchain.

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January 20, 2020, 11:12:00 AM
 #111

We can't predict tomorrow's bitcoin price, then how it's possible to predict the bitcoin price with accuracy after years. The price to the supply depends a lot on the demand. The mining is another thing that gives the price estimate. Different countries have a difference in the cost of a single bitcoin mining. Perhaps there will be an inverse reaction on the price when the mining equipment was more effective with low electricity consumption.


Bottom line is, we can only speculate. The factors that you've indicated may be different in the future. We don't know and we don't have any means of knowing. As we've seen time and time again, bitcoin has gone against popular speculations and predictions. So there's really little use. I believe bitcoin will be relevant in the future. That's why i'm holding. I don't know if that'll come true, but it's my decision to invest in it.

 
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