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Author Topic: How much can bitcoin cost in Future.  (Read 1546 times)
gabbie2010
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November 24, 2019, 08:20:00 AM
 #41

The growth in the price of bitcoin in the future is subject to some regulations and bans imposed on it by some countries eg the recent clamp down on some exchanges in china had really affected the price to a downtrend, this and many more are likely going to be imposed in the future by countries unfriendly cryptos, however all these bottleneck wouldn't deter the price cost of it because as its popularity soar a lot of investors will invest in it and bearing in mind that the more the hodlers the scarce it becomes thus increasing its value as per its price.

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November 24, 2019, 09:07:15 AM
 #42

A competition is good and not just because of money but also to see which is the best.
They have created different coin in different features and services but yet BTC is still main crypto of all to exchange other tokens.

Let us say someone made an ICO. The offering will need to provide a payment system. Most of them will have a bitcoin address to send to in exchange for the ICO token.
So, can bitcoin really be pinned down? I guess that answers it all.
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November 24, 2019, 11:19:11 AM
 #43

The growth in the price of bitcoin in the future is subject to some regulations and bans imposed on it by some countries eg the recent clamp down on some exchanges in china had really affected the price to a downtrend, this and many more are likely going to be imposed in the future by countries unfriendly cryptos, however all these bottleneck wouldn't deter the price cost of it because as its popularity soar a lot of investors will invest in it and bearing in mind that the more the hodlers the scarce it becomes thus increasing its value as per its price.

Investors won't lose hope as long as bitcoin's popularity remains constant, they won't lose hope and will always prefer to choose bitcoin as investment priority. Unfriendly countries towards crypto, someday will be open to this kind of virtualized currency even though the barriers was quite so hard. The situation was changing, and every year different scenario could possibly occur in many ways.
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November 25, 2019, 07:22:04 PM
 #44

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.


It seems to me that sooner or later bitcoin will go to the target price about 20000$, the question is just when. There are a lot of various researches and opinions which try to prove that that price is the actual value of bitcoin. I never used to believe in such high price values but why not? Bitcoin is the most posh cryptocurrency which is vital for many various usings therefore possible crowd will begin buying bitcoin actively as it happened once before. I do not pledge that something similar will happen but I am awaiting.

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November 25, 2019, 08:02:44 PM
 #45

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.


It seems to me that sooner or later bitcoin will go to the target price about 20000$, the question is just when. There are a lot of various researches and opinions which try to prove that that price is the actual value of bitcoin. I never used to believe in such high price values but why not? Bitcoin is the most posh cryptocurrency which is vital for many various usings therefore possible crowd will begin buying bitcoin actively as it happened once before. I do not pledge that something similar will happen but I am awaiting.

Not currently in a trade right now, but this is what I'm seeing:

I expected a lower test of 6k before the bounce, but it looks like it is happening. My target would be 8200 range, but we have yet to reach the .5 fib level as of yet, so 7800 might be a safer target if you're looking to short or take profits.

Long term definitely more than 20000$.
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November 25, 2019, 11:58:54 PM
 #46

Long term? Definitely it can soar to a price that we really can't imagine it can reach. Probably another all time high along the road, it's just a matter of time. We all know that the price works in a cycle here, so most probably 2023-2024 the year when everything settles down for a new all time high. Do some of you guys thinking that it can get to six digits?

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November 26, 2019, 12:15:12 AM
 #47

You can't really predict that because you don't know what the value of fiat will be at that time. If you want to know the value in 10 years you have at least 2 variables to consider: deflation of Bitcoin and inflation of fiat money.

While now 1 USD is 1 USD and BTC is 7k USD in 10 year 1 USD will be worth 0.9 of today's USD (or less) and BTC could be worth a million of those future dollars.

Centralized systems inevitably fail and USD is waiting in line for its day.

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November 26, 2019, 04:47:25 AM
 #48

We aren't able to predict the price of bitcoin tomorrow, then how come it is possible to predict the price of bitcoin after years with accuracy. The price much depends over the demand to the supply. Another thing that gives calculation on the price is the mining. Different countries get to have difference in the expense in mining a single bitcoin. When the mining equipments were more efficient with low electricity consumption maybe there will be inverse reaction on the price.

Another thing once after the entire twenty one million getting mined the market depends completely over the circulation and the real time usage. This means we can't calculate in what percentage is the growth or adoption happening with bitcoin. Based on the factor I believe more the usage more will be the cost.

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November 26, 2019, 01:05:37 PM
 #49

Long term? Definitely it can soar to a price that we really can't imagine it can reach. Probably another all time high along the road, it's just a matter of time. We all know that the price works in a cycle here, so most probably 2023-2024 the year when everything settles down for a new all time high. Do some of you guys thinking that it can get to six digits?
As the supply is limited and the demand might get high in the future then who knows it will be there in such amount as long as bitcoin will be able to survive all the restrictions and banning of different countries and only adoption will happen then any amount will be possible in the future.

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November 26, 2019, 08:53:18 PM
 #50

I'm not a fan of conspiracy theories, but it seems to me that the mechanism itself is important in bitcoin. With further technological development, it will become unnecessary and its advantages will be minimized. Just like the battleships, armadillos turned into scrap metal, and before that, slow steamers gradually replaced sailors clippers. Of course, for some time, bitcoin will be in the spotlight and demand will push the price

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November 26, 2019, 10:34:15 PM
 #51

Long term? Definitely it can soar to a price that we really can't imagine it can reach. Probably another all time high along the road, it's just a matter of time. We all know that the price works in a cycle here, so most probably 2023-2024 the year when everything settles down for a new all time high. Do some of you guys thinking that it can get to six digits?
As the supply is limited and the demand might get high in the future then who knows it will be there in such amount as long as bitcoin will be able to survive all the restrictions and banning of different countries and only adoption will happen then any amount will be possible in the future.

In relation to banning and other factors that hinders the increase of bitcoin price, we should be keen towards every situation. This issues behind bars will happen eventually, but I don't think it's a permanent decision because we don't know yet the reality of the scenario. It could be different story on their side, also it can be a stategy of big whales who controls the price or even manipulated it due to personal desires to acquire bitcoin at cheaper price and gain higher profit in future halving.

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November 27, 2019, 04:58:28 AM
 #52

Again, it will depend on the market.
We can speculate all we can but if we are not doing much then it might stay the same way.
We also need to push it.
Invite some people into knowing more what bitcoin really is and not what the media tells it.
There is lot of negativity already about crypto currencies specially when scammers used it as means of payment.
It became like a fearful currency. Better straighten that to other people.
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November 27, 2019, 10:54:43 AM
 #53

bitcoin will rise above 35000 usd soon ; for this reason some whale want to buy lot bitcoin at any ways as they can and they make panic too for same reason always . since bull run of 2017 ; new traders miss the chance and they want ride next bull run that will happend next halving  ; they know bitcoin have big value . everyone should know  that 1 btc equal 1 btc always
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November 27, 2019, 12:07:16 PM
 #54

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.


It seems to me that sooner or later bitcoin will go to the target price about 20000$, the question is just when. There are a lot of various researches and opinions which try to prove that that price is the actual value of bitcoin. I never used to believe in such high price values but why not? Bitcoin is the most posh cryptocurrency which is vital for many various usings therefore possible crowd will begin buying bitcoin actively as it happened once before. I do not pledge that something similar will happen but I am awaiting.
How you can easily say that bitcoin will gonna go up and hit the price of 20,000$? Even they have been a lot of prediction still its not strong to prove that bitcoin will gonna up. The cost of bitcoin will be determine in the condition of the market because if the market are in good condition and the chart or demand are increasing probably bitcoin will also increase. We have different prediction on the price of bitcoin so for me, the cost will be around 10,000$ to 20,000$ in this coming year 2020.

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November 27, 2019, 12:28:44 PM
 #55

bitcoin will rise above 35000 usd soon ; for this reason some whale want to buy lot bitcoin at any ways as they can and they make panic too for same reason always . since bull run of 2017 ; new traders miss the chance and they want ride next bull run that will happend next halving  ; they know bitcoin have big value . everyone should know  that 1 btc equal 1 btc always

My body is ready.

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November 27, 2019, 04:06:19 PM
 #56

bitcoin will rise above 35000 usd soon ; for this reason some whale want to buy lot bitcoin at any ways as they can and they make panic too for same reason always . since bull run of 2017 ; new traders miss the chance and they want ride next bull run that will happend next halving  ; they know bitcoin have big value . everyone should know  that 1 btc equal 1 btc always
I don't think it will happen on soon, The current trend is not favour in crypto market so Bitcoin prediction is little hard and we know it will raise more than 35k USD on further years. But we never say it will happen on soon, 1 BTC is always 1 BTC so this will same and we are all waiting for the next hype on Bitcoin.

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November 28, 2019, 11:09:36 PM
 #57

Anything can happen. I don't need to mention here optimistic predictions we can see around, some people believe the moon is possible and that we are heading there. Personally I believe in Bitcoin at $100K, and I believe that will happen in the next 3 years! Sooner the better, but I'm trying to be real when I make predictions for the future, in that way, there are fewer chances for me to get disappointed.



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November 29, 2019, 12:40:09 AM
 #58

Well, everything we say is just speculation but I do believe if the adoption of cryptocurrencies increase in time then we'll surely see a really good boost to the price.
Majority of people see BTC as an investment and not as a cryptocurrency to use for a daily purpose which is a plus point as it leaves a lot of BTC out of the circulation.
I think $25000 a coin is possible by the end of 2020 or the start of 2021.

yes, I agree with you, it's all just speculation that can be right or wrong. but I am also optimistic that in 2020 the price of bicoin will increase, possibly reaching another $ 20,000.
by 2020 bitcoin will be reduced by half. when the number of goods decreases but the demand is constant or increases, it will certainly increase the value of the goods. and hopefully bitcoin is also like that. many hope that 2020 is a good year for cryptocurrency.

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November 29, 2019, 05:37:48 AM
 #59

Anything can happen. I don't need to mention here optimistic predictions we can see around, some people believe the moon is possible and that we are heading there. Personally I believe in Bitcoin at $100K, and I believe that will happen in the next 3 years! Sooner the better, but I'm trying to be real when I make predictions for the future, in that way, there are fewer chances for me to get disappointed.
Do you think there are many people who will buy bitcoin when it will cost about one hundred thousand dollars and risk that tomorrow we can again see its price of several thousand dollars? Before talking about the price of one hundred thousand dollars, ask how now those who bought bitcoin at the end of 2017 feel about twenty thousand dollars. We can still see a bitcoin price of $ 35,000 for a short time, but its price of one hundred thousand dollars will probably never be seen.

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November 29, 2019, 05:53:14 AM
 #60

Anything can happen. I don't need to mention here optimistic predictions we can see around, some people believe the moon is possible and that we are heading there. Personally I believe in Bitcoin at $100K, and I believe that will happen in the next 3 years! Sooner the better, but I'm trying to be real when I make predictions for the future, in that way, there are fewer chances for me to get disappointed.
Do you think there are many people who will buy bitcoin when it will cost about one hundred thousand dollars and risk that tomorrow we can again see its price of several thousand dollars? Before talking about the price of one hundred thousand dollars, ask how now those who bought bitcoin at the end of 2017 feel about twenty thousand dollars. We can still see a bitcoin price of $ 35,000 for a short time, but its price of one hundred thousand dollars will probably never be seen.

I think no also since the risk is became more higher if the price will go to $100k since more people cannot afford to buy it and most provably a dump will happen for that's case that's why it's really accurate to predict something nearer or maybe the smallest figure since it's close to reality and people can actually buy that. We should remember the volatility is earning scheme by the whales and they cannot do that if bitcoins will became hard to to purchase.

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