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Author Topic: Bitcoin in 2020?  (Read 2175 times)
Lizzylove1
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October 23, 2019, 12:24:55 PM
 #41

Not necessarily because more and more persons are getting to know about it, but because of major acceptance and adoption, and the upcoming halving that will see block reward reduced to 6.25BTC per block.

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October 23, 2019, 12:47:40 PM
 #42

There is a lot of speculation regarding the price, the good thing is that most are positive. I think in 2020, btc will rise and maybe around halving it will test the ATH of $20,000. The upper limit for the price of BTC is always up for debate. Will BTC touch $100,000 in a year, highly unlikely, but it can definitely touch around $30,000-50,000.

Also I think the problem is not reaching a certain threshold limit, but the problem is holding its position there. last time when Bitcoin touched $20,000, a lot of interest was created, and people who had no idea what BTC was, started getting in BTC, and then the price dropped, Hence a whole lot of people lost a lot of money because they feared that the price will go down to $1,000, as a result whatever interest was created by the price rise, went away with the price drop.
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October 23, 2019, 03:54:07 PM
 #43

I don't agree with you! Still 2 months into 2020 and BITCOIN did not cross the barrier of 10$ k like last year, and I don't expect that it will did it in 2020.
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October 23, 2019, 04:26:06 PM
 #44

I don't agree with you! Still 2 months into 2020 and BITCOIN did not cross the barrier of 10$ k like last year, and I don't expect that it will did it in 2020.
We can't be sure about that  Undecided Remember bitcoin is a very volatile asset and it can go boom because of many factors around it.
The resistance can be broke down if many whales will go all together like in 2017. Bitcoin is slowly recovering the trust of the users who got a fail trade
In 2017, It might get hype and rise up its value. It can be possible to cross over $10k next year or even this year.
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October 23, 2019, 04:35:51 PM
 #45

Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks. Cool

I would really bet on Bitcoin's rise next year due to its halving. However, it's better that we should not expect too much about them. There is an old post on Reddit, in which he predicted that Bitcoin will go up high to $16k within October. However, we are still down below $8k and just few days left for this prediction to be correct. He was right about a couple of his predictions earlier this year.

No matter what, we have to be ready. It's better that we should not expect that it will happen, so that we will not be disappointed later on. Our emotions are running high on Bitcoin's price, as the market itself is crazy and unpredictable.

Let's just see if John Freakin' McAfee would live up to his promise in eating his d*** if BTC doesn't reach $1 million by the end of 2020. Donald Trump would even "ban" Bitcoin if it reaches $100k.

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October 23, 2019, 05:44:55 PM
 #46

Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks. Cool

I agree with you. I think Bitcoin will break a new record in 2020. I was expecting it to happen in this year but it doesn't seem that way and we are close to the end of the year. Halving will be very helpful for a new record price in 2020.

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October 23, 2019, 06:28:10 PM
 #47

I don't agree with you! Still 2 months into 2020 and BITCOIN did not cross the barrier of 10$ k like last year, and I don't expect that it will did it in 2020.
We can't be sure about that  Undecided Remember bitcoin is a very volatile asset and it can go boom because of many factors around it.
The resistance can be broke down if many whales will go all together like in 2017. Bitcoin is slowly recovering the trust of the users who got a fail trade
In 2017, It might get hype and rise up its value. It can be possible to cross over $10k next year or even this year.
Everybody want BITCOIN increase like 2107 into 19$ K but it's really hard, well I wish it cross the 10$ K not to dicrease into 3$ k like in March 2109.
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October 23, 2019, 06:35:07 PM
 #48

Well this is a no substance starting post, just because more people use bitcoin, it doesn't mean they'll buy a substantial amount, don't forget that bitcoin is extremely divisible.
No, it's basically a generic shit post masquerading as a topic for discussion. 

We're not off to a good start for 2020 if bitcoin keeps dropping like it has been, but we'll have to see what the price is come Jan. 1st.  My best guesstimate is that it'll be much the same as it is now, in the $7400 range.  Not a bad price, but not the moonshot that most bitcoiners are hoping for.

Some part of me thinks Bakkt had something to do with the recent market volatility because the two things coincided very closely, but nobody seems to be able to link the two things with any good evidence.  I imagine there were some traders on Bakkt who were betting against bitcoin with options and thus drove the price lower...somehow.  I don't completely understand what's going on with that exchange or how they operate, but the trading that takes place there must have some influence on the price.
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October 23, 2019, 07:17:06 PM
 #49

Bitcoin in 2020 we can expect touch 20 thousand dollars and there is halving  we can expect bitcoin bull in this time period
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October 23, 2019, 07:33:51 PM
 #50

Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks. Cool

There are a bull and bear market. In 2020, the bullish will begin and according to the law, Bitcoin should grow, but this is only analytics and speculation. No one can predict the future
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October 23, 2019, 07:42:27 PM
 #51

Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks. Cool

I have no hopes left about Bitcoin price to rise dramatically for this year. I am keeping my hopes up for 2020. Some people say that 2019 was Bitcoin's year as the price jumped to 12k dollars in June but I think Bitcoin price will boom and reach at least 25k dollars in 2020.

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October 23, 2019, 07:43:39 PM
 #52

The current growth and the popularity of Bitcoin indicates that there are many huge possibilities and potentials ahead for sure its demand increasing day by day so in my point of view it will become more valuable in near future but I would say that we should have to be patience with it.
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October 23, 2019, 08:03:47 PM
 #53

Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks. Cool

The fact that many people are familiar with bitcoin does not mean that these people will be buying large amounts of bitcoin so that it causes the price of bitcoin to increase a lot. People can be many and buy little bitcoin and the price does not increase much. other people may buy few bitcoins for just hold for many years and never buy again. do not listening analysts who make absurd predictions

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October 23, 2019, 08:14:34 PM
 #54

Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks. Cool

I doubt it will go "to the moon", but an uptrend is expected prior to the halving, which is only a few months away...

Yes, both more people know more about Bitcoin, and bitcoin production is rapidly decreasing, as per design. Most of the coins that will ever be are already in the market, and new ones are only going to come out more and more slowly; mining will be reduced dramatically over the next years because of that. Depending on how steep the price rises, this might be delayed somewhat (as 2016 did), but it won't ever remain constant, every passing day makes large mining less profitable, and more risky.

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October 23, 2019, 08:19:07 PM
 #55

2020 is a critial year for bitcoin, I think there is a big chance that its price will go up a lot then.

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October 23, 2019, 08:31:49 PM
 #56

Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks. Cool

i think if btc going to da moon on 2020 just because halving of btc, and i guess reason from you it's seems no logic.
although libra project came and many people will recognize to the crypto,but somehow i just think it still seems lacking for make your reason right.

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October 23, 2019, 09:36:10 PM
 #57

I don't agree with you! Still 2 months into 2020 and BITCOIN did not cross the barrier of 10$ k like last year, and I don't expect that it will did it in 2020.
We can't be sure about that  Undecided Remember bitcoin is a very volatile asset and it can go boom because of many factors around it.
The resistance can be broke down if many whales will go all together like in 2017. Bitcoin is slowly recovering the trust of the users who got a fail trade
In 2017, It might get hype and rise up its value. It can be possible to cross over $10k next year or even this year.
Everybody want BITCOIN increase like 2107 into 19$ K but it's really hard, well I wish it cross the 10$ K not to dicrease into 3$ k like in March 2109.
im very excited before if talk about bitcoin price and always hope that it can hit or can be more expensive than last year. but im not care anymore now, its like back to the first time know about bitcoin (although the bitcoin price is high now) and its like bitcoin hype is down, but bitcoin addict will always try to gain in every ways, and this is where's the fun is.
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October 23, 2019, 09:44:31 PM
 #58

There is a decrease in the price again now and it happened so quickly. It seems like we are still in bear market and it is annoying not to know how much time it will continue like this. I am expecting big things from the price in 2020 and it can really be Bitcoin's year literally.

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October 23, 2019, 10:06:11 PM
 #59

The increased adoption and use of cryptocurrencies would definitely bring about an increase in price but the pivot of actually resides in bitcoin halving in the month of May. This is what is going to bring about a possible moon price of bitcoin again. Let's not forget also that about 85% of the total supply of bitcoin have been mined and this is also another factor which would contribute to another all time high rise of bitcoin if all things being equal.

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October 23, 2019, 10:30:01 PM
 #60

Bitcoin halving in 2020 is the most awaited event for crypto lovers. But I'm still not convinced that this will cause the price of bitcoin and other altcoins to rise again. Because ICOs were also heavily involved in the past, prices of other altcoins were rising. But let's see, maybe by the end of the year we will see bitcoin prices rise slightly.
It's okay if you are not convinced but mostly are because of the effect that it showed before. It may not be that high as we've seen and not on instant form but everyone has that assumption that it will be bigger this time.

The involvement of ICO last bull run was for real and they were one of the reasons why the market has been so high. But we are seeing a different scenario this time and we're going to actually see the power and influence of bitcoin after the halving.

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