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Author Topic: How much can bitcoin cost in Future.  (Read 1548 times)
Fappanu
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November 23, 2019, 01:17:48 PM
 #21

The price of bitcoin depends on us, because of our continued support for bitcoin and of course sharing our knowledge with our friends and relatives.

Big companies and small stores will also have big participation so that people can recognize and accept bitcoin. And especially the government because they are enforcing the law to make our country better.

I think once this is fulfilled and happend I'm sure the price of bitcoin will rise we will see our speculations come true.
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November 23, 2019, 02:22:18 PM
 #22

Let me just say that it does not depend on us, and that we do not know exactly what the price of bitcoin will be.
We can only talk and make conclusions, which are not precise and probably not true, but beyond that I am saying that bitcoin is declining in the future, I honestly do not see any progress lately, quite the opposite, and therefore I think that bitcoin is falling at $ 5,000 minimum.
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November 23, 2019, 02:32:54 PM
 #23

As long as the community pushes for the acceptance of cryptocurrency in the world, and the improvement of adoption, I think it is going to be a good thing for the price. And also, the technologies behind each cryptocurrency will also improve as well. We must continue to support it even though we are having ups and downs.

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November 23, 2019, 02:55:58 PM
 #24

The true of value of bitcoin can not be easily predicted or analyzed due to the decentralized nature of its network and system.  The market value of bitcoin is all the time determined by the demand and supply rate of it in the market at a particular moment in time.  Last year by this time, bitcoin was worth less than $7k and as at January 2019, it was worth around $3k. This tells you that the market value of bitcoin is very hard to predict in a particular moment in time..
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November 23, 2019, 03:52:02 PM
 #25

Bitcoin's future could rise even higher if Bitcoin surpassed $ 20,000.  Currently, new money has not poured into the market and especially Bitcoin.  People have had experience compared to 2017. they have been more careful in their buying and selling decisions.  I think that the justification of Bitcoin is in the accumulation zone, very suitable for buying.
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November 23, 2019, 03:54:44 PM
 #26

The price of bitcoin depends on us, because of our continued support for bitcoin and of course sharing our knowledge with our friends and relatives.

Big companies and small stores will also have big participation so that people can recognize and accept bitcoin. And especially the government because they are enforcing the law to make our country better.

I think once this is fulfilled and happend I'm sure the price of bitcoin will rise we will see our speculations come true.
I also do believe that we the community has an impact on making a price of Bitcoin and other cryptocurrencies. Government could also a big impact in this industry, legalization or enforcing law against it are few example. Though Bitcoin cannot directly manipulate by someone but massive operation like prohibition could still be an impact like what happended on China where exchanges have been banned back in the day.

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November 23, 2019, 04:44:56 PM
 #27



“This is because as mass adoption of cryptocurrency grows, more and more digital assets will be launched – by organizations in both the private and the public sectors. This will increase competition for bitcoin and dent its market share.”
Green expects the bitcoin and wider cryptocurrency market will expand by “at least” 5,000% in the next 10 years — meaning it could be worth $20 trillion, up from $400 billion today.
Now bitcoin price 7282$


Damn this is a great figure, people are so positive and so right on the price not only by one expert but everyone who is analyzing it's potential, I have no doubt on it's potential, and I'm glad and excited that I have been reading all these kinds of stuff.
It's like I'm on 2012 and reading it's potential all I have to do is invest all I can and all I could, not only on Bitcoin but all the other top coins in the market.

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November 23, 2019, 05:36:58 PM
 #28

Cryptocurrency is increasingly popular, one of the signs is that many altcoins make cryptocurrency more colorful, with various innovations that are predicted to solve current problems. This diversity forms a more complex ecosystem, with real functions, wide adoption, making cryptocurrency closer to everyday life. Although cryptocurrency, especially bitcoin, is more effective for investment and trading commodities than as a means of payment, it is a challenge for developers to realize that effectiveness by making altcoin that can be the answer to the desires of those who want it. Until that happens, the price of bitcoin must have gone up again, it can't be missed in the long run.

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DreamStage
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November 23, 2019, 05:46:16 PM
 #29

Basically $1 or the max bought value Roll Eyes

What determines it is inflaction which is made by investors, buyers, sellers, us.

If you ask me on the current date / time and state. I would go for $20k on next year if more countries / companies decide to invest in it thus due to upcoming halving.

If a sudden sink happens, well i do believe it will be costing around $5k as normaly would (based on history, $5k was the most stable value so far).

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November 23, 2019, 06:39:59 PM
 #30

Cryptocurrency is increasingly popular, one of the signs is that many altcoins make cryptocurrency more colorful, with various innovations that are predicted to solve current problems. This diversity forms a more complex ecosystem, with real functions, wide adoption, making cryptocurrency closer to everyday life. Although cryptocurrency, especially bitcoin, is more effective for investment and trading commodities than as a means of payment, it is a challenge for developers to realize that effectiveness by making altcoin that can be the answer to the desires of those who want it. Until that happens, the price of bitcoin must have gone up again, it can't be missed in the long run.
supply which has limits and increasing market needs makes bitcoin prices high. altcoin innovation is also increasingly diverse and makes the crypto currency not just an investment but has uses in real life. as long as market developments and needs increase, prices will continue to grow

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November 23, 2019, 06:46:37 PM
 #31

Bitcoin has come a long way in just 10 short years. Despite the bitcoin price struggling to regain its highs this year, the long-term trend is hard to ignore.

The bitcoin price is up a ridiculous 10.6 million percent since CoinDesk began tracking it back in July 2010 — rising from 0.06 cents to $6,421 over that time. 10th anniversary of Satoshi Nakamoto’s release of the bitcoin whitepaper — leading many to look ahead to what the next 10 years will bring. Bitcoin has dominated investor interest over the last ten years, but that could be very different in the coming decade.

It’s only in the last five or so years that bitcoin has had any major competitors. Ethereum, the world’s second largest cryptocurrency by market capitalization, was first conceived in 2013.
“I believe that bitcoin’s influence and dominance of the cryptocurrency sector will drastically reduce in its second decade,” said Nigel Green, founder and CEO of deVere Group, a financial advisory group.

“This is because as mass adoption of cryptocurrency grows, more and more digital assets will be launched – by organizations in both the private and the public sectors. This will increase competition for bitcoin and dent its market share.”
Green expects the bitcoin and wider cryptocurrency market will expand by “at least” 5,000% in the next 10 years — meaning it could be worth $20 trillion, up from $400 billion today.
Now bitcoin price 7282$

Now there are two sides to this question. One is the optimistic side according to which we can see much greater heights in the days to come. These heights are really unimaginable thinking of such a marvelous increase shown by Bitcoin in such short span of time. But obviously it came in the time of technology when things are pretty easy to travel around the world unlike past when it took years for technology to travel from a city to another. Even though if we are seeing mass adoption as goal we have a lot of way to go ahead.

The other approach is the pessimist approach which say Bitcoin is just like another comet which would shine for sometime but then would be submerged in the darkness of Sky. Even though I think it's pretty obvious for people to think that this is impossible but just one vulnerability in the whole protocol is enough for everyone to drop their whole stock of bitcoin.
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November 23, 2019, 07:45:17 PM
 #32

Well, I think bitcoin can grow or even passed its current all time high. But the main key here is the mass adoption. As we see, Bitcoin declined because of the fact that many countries are against the adoption of this technological breakthrough especially the largest cryptocurrency adopter, China. Bitcoin began to drop. If China and other countries began adopting bitcoin, for sure it will rise even more. I expect it to reach roughly $200,000. I'm no expert. This is just my prediction.

For sure. About China - it's a really great thought. Especially if we think how many customers will come into this sphere.

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November 23, 2019, 08:35:22 PM
 #33

It's really hard to predict so far ahead. In 10 years we could have flying cars or be able to levitate using antigrav technology. Would you say 10 years ago that Musk will launch a car into space or that countries will start talking about getting rid of paper money? Probably not.

If Bitcoin rises exponentially it could reach a million dollars in 10 years. I think that it would be a great achievement if we went to 100 thousand at any point in that period even if it's only for a few days. It would also be a great achievement if the price became stable at some point like at 20 or 30 thousand but due to its nature it's more probable that it will go to a million for a day and fall down than stabilize at 20 thousand.  
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November 23, 2019, 09:12:24 PM
 #34

Bitcoin price is uncertain and we couldn't predict how much would it be in the future.
I think the current event has proved it already Bitcoin could pump up rapidly just like what happened in 2017 and it could also drop down insanely just like what happened in 2018,
And in the past couple of months it also shown us that we couldn't tell how would the market moves, So predicting the price after 10 years is so hard and I think no one could get it right.

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November 23, 2019, 10:43:34 PM
 #35

There is no need to tell how much will be the price of Bitcoin in the future because none of us know what could happen to the future. I myself still doubt that what if all of the government in the world works together to stop using Bitcoin? Though it is just a wild what ifs but I'm still afraid if it would happen. Though for sure the price of Bitcoin in the future is tremendously expensive if you could compare the price today. Say, 10 years from now, maybe 1 BTC would be equivalent to the lambo as what people's been saying during bull run. Who knows?

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November 24, 2019, 05:25:25 AM
 #36

The expert analysis says that the predicted price of Bitcoin can reach 20,000-30,000 USD after Halving. The news of bitcoin and blockchain technology that began to be widely adopted could have influenced the price in the future. No doubt many people have begun to take advantage of Blockchain technology and the advantages of Bitcoin called digital currency. Legalization in some countries appears about Bitcoin that can be used for buying something in an online shop. just wait and see for further developments.

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November 24, 2019, 06:25:05 AM
 #37

Bitcoin price is uncertain and we couldn't predict how much would it be in the future.
yes its uncertain but its not bad to predict just by basing on the adoption of bitcoin  . we can see that btc is still spreading like a virus and with that , people expect that the market cap of btc will grow along with its value .


I think the current event has proved it already Bitcoin could pump up rapidly just like what happened in 2017 and it could also drop down insanely just like what happened in 2018,
current event these days are so bad that it leads to the dump of the price of bitcoin  so i dont think that 2017's price can be repeated but the 2018 dip still does happen  .

And in the past couple of months it also shown us that we couldn't tell how would the market moves, So predicting the price after 10 years is so hard and I think no one could get it right.
its ok if your prediction fails because there is no right or wrong with it but predicting from time to time can give us a visualization so that we can prepare stuffs in advance  .
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November 24, 2019, 07:27:11 AM
 #38

With this condition, i think bitcoin price in future will decide by market. Because maybe we will see some people still optimistic especially if because of halving. And the others will blame, or maybe make the condition worse. Both of it can really affect in market for now so no speculation for now from me. Or maybe at least i just wait on halving and don't think on anything else.

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November 24, 2019, 07:41:57 AM
 #39

The bitcoin price is up a ridiculous 10.6 million percent since CoinDesk began tracking it back in July 2010 — rising from 0.06 cents to $6,421 over that time. 10th anniversary of Satoshi Nakamoto’s release of the bitcoin whitepaper — leading many to look ahead to what the next 10 years will bring. Bitcoin has dominated investor interest over the last ten years, but that could be very different in the coming decade.
Yes, would be very different and highly unpredictable as no one could expect what will happen in people's mindset like who are all going to adopt bitcoin and how much they are going to invest and more importantly how many bitcoins they are going to put in their cold storage. I believe the long term holders and rate of adoption of bitcoin are the key players who are going to decide where bitcoin markets will be trading in upcoming future. I am sure there could be no exact technical tools will be available to analyze these key players hence we cannot expect exact speculations.

Few bitcoin celebrities speculate about one million dollar value for one bitcoin in both short term and long term. I guess they will turn right over the time. I believe in next ten years bitcoin most probably trading in million dollars like one bitcoin may value in one million or 10 million or 20 million, yes everything will be possible.

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November 24, 2019, 07:49:57 AM
 #40

Considering the current supply and the possible supply it would still release in the market, I'm pretty sure that the market is already reaching it's limits in terms of jumps. There are 2 possible results in this imo, one of which is BTC, becoming a coin rarer and rarer because of the halvings, would boom up with each halving since the coins released in the public are now getting smaller or smaller. The other would be BTC would start stabilizing its price because of the reduced number of supply being released. The market, now close to being saturated with every halving, is now letting BTC takes its place as a possible exchange for fiat currency. I'm more positive to the latter for now, but hey, you never know.

R


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