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Author Topic: Can Bitcoin Cost $ 25,000 by 2021?  (Read 899 times)
Oasisman
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January 23, 2020, 11:28:01 AM
 #41

~snip~
How can it be so easy? Until now we have not been able to surpass $ 9,000 and the current market has gone down, making it difficult for the market and bitcoin to rise this year. Even Bitcoin cannot rise to $ 10,000 without new investors, for me $ 25,000 is too high for bitcoin and it will take 2-3 years to reach this price.

Nothing is difficult/impossible for Bitcoin. If we're going to base our judgement of the OP's price prediction from the past halving, Bitcoin's price tends to make a run and hit new ATH a year after the halving. If you remember the 2016 halving which has the most number of increase percentage of all time in 2017. So, in this case, May 2020 will be the next block halving, and 2021 is the most ideal bullrun base on the trend made from the last halving event.

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January 23, 2020, 12:24:56 PM
 #42

Many people expect about the increase if this year touches $ 25k then it will be the new ATH for the price of bitcoin but is that possible this year? because experts say the peak price of bitcoin is 2021 where bitcoin will soon touch $25k more and of course with that price it will be difficult to buy because it is too expensive for me unless you sell new it will feel great.

I don't think it will happen this year, I put my money on the next year. 2021 is the year we are waiting for, it's a 4 years cycle that bitcoin have, when history repeats itself in many ways. 2021 can be like 2017! I believe it can be even better, now the price is higher than before halving in 2016.
Bitcoin price now is high for many people, but if you want it you can buy small amounts from time to time. Many people can't afford bitcoin at this price, in future it will be even expensive to buy it.

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January 23, 2020, 01:09:28 PM
 #43

Too far thought if from now discuss how the price of Bitcoin in 2021. The current year is still beginning and the road passes through 2020 is also still a long taste. It is not wrong if talking how BTC at 2021 would touch 25K $. Unless you are ready with all the risks that will happen by buying BTC now which price ranges in 8600-$8700, and you have confidence that 2021 BTC will reach the price you want it is your right. But even though we speculate anyway it should be sensible and logical. You should start trying to trade from now by buying BTC, try it within 1 week only, then you consider how it feels like holding BTC within 1 week, and it can be used as a lesson and consideration to determine The next step.

That never stopped people predicting 1 million bitcoin two or even three years away from their date;)

It's never wrong to talk about X price and X date. It is wrong to think it will actually come true! Just be chill, put in something, assume you'll lose it and when the day comes, if you're rich yay. If you're bust, you had fun too!

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January 23, 2020, 01:12:46 PM
 #44

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.

Precisely because we are not able to predict the decisions of politicians, we are also not able to predict the price of Bitcoin. If we assume that all decisions are good for Bitcoin, the price can reach even $1M, but if we accept a negative scenario, we can observe the bear market for the next two years.


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January 23, 2020, 01:19:44 PM
 #45

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.
we can just speculate every amount but what tells us to not look into exaggerating value is the volatility and the opportunity from the whales to use the Halving time to manipulate the market so let us not expect too much.

i believe that there is no impossible for Bitcoin to reach even more than $25,000 but the thing is does the demand really appropriate to have this value?

bitcoin is the most in demand currency in crypto but we are not sure if we will meet this in the next year(but nothing is wrong to just look while we are Holding our bitcoins)

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January 23, 2020, 01:30:52 PM
 #46

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.
Even on the current price of Bitcoin it is already hard for people to buy a whole coin but come to think that we can purchase a small amount and no matter how expensive it is we can still buy on small portions.

$25k on 2021? Nothing is certain but thinking on going for over ATH on next 2 years will be hard to tell.Even adoption is still on the move it isnt certain that we would head up for 100%.

Good thing now that we do hold off a coin that has a big chance to go more big in the future.

R


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January 23, 2020, 01:51:47 PM
 #47

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.
In speculation, anything can possibly happen. Not only $25000, but $30000 can possibly happen. As long people still aware and know it is only speculation/prediction anc maybe can be wrong. If there are someone who really can exactly predict bitcoin price, he will be millionaire.

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January 23, 2020, 02:00:27 PM
 #48

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.
Difficult to buy if bitcoin reaches that price? I don't think that it's hard to buy due to being expensive, how much more if bitcoin will eventually go higher than that?
If you can see that bitcoin will reach $25,000 by this year, look outside the box with even more.
It will not be difficult in terms of buying, but maybe many people will think of buying bitcoin at a high price, they are worried it will go down again like 2017, but of course, that applies to some people who don't have a lot of money. because I think if the price $25,000 maybe a lot of whales or even some companies can still afford to buy bitcoin if their target bitcoin is able to rise higher towards $50,000 as many people predict it can even increase to $100,000.

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January 23, 2020, 02:34:48 PM
 #49

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.
Even bitcoin is now legalized in different countries there is still a problem like the people who live in that country. Not all people capable to know this kind of technology and they not even have any knowledge about it. The future price of bitcoin after halving is still unpredictable and if you think it very difficult to buy at that price why not try to buy now and hold it. Keep on buying bitcoin as long as you can if you think that it will have a great future and grab that chance to buy before you regret it. So far, the price of bitcoin is still under 10,000$ and if ever it breaks that price maybe we should expect that after halving it might hit again its all-time high price and if ever that thing happens maybe before 2021 or in the last quarter of the year we can sight good price of bitcoin which can hit the price that you have mentioned.
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January 23, 2020, 02:37:15 PM
 #50

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.
In speculation, anything can possibly happen. Not only $25000, but $30000 can possibly happen. As long people still aware and know it is only speculation/prediction anc maybe can be wrong. If there are someone who really can exactly predict bitcoin price, he will be millionaire.
With this open market, I highly doubt there is someone who can make a perfect prediction. Everything here is unexpected and the only thing we rely on is the chart that do tell us what could possibly be the next price but it is still uncertain. No one could tell if $25,000 would be the next ATH of Bitcoin but everyone is hoping.

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January 23, 2020, 03:49:52 PM
 #51

If you take a look at the previous halving, the price spiked after a year when the halving took place. It means that there's a possibility for the bitcoin to soar in 2021, however we can't predict the exact price that it's about to hit, let's see if it can pass its ATH first, though 25K is possible, to be honest we shouldn't expect much, something bad may happen in the future and influence the market.
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January 23, 2020, 04:24:08 PM
 #52

"cost" is very different compared to "price", cost is the amount of everything required to get something, price is just the money required to get it. Just to make it more clear, cost of mining one bitcoin is different compared to price of bitcoin right? So even tho you can spend lets say $8.5k to "buy" one bitcoin, you may also mine 1 bitcoin for $5k as well, those are totally opposite things.

Price of bitcoin could become $25k by 2021, it could be $5k as well, we have no regulations to stop people from buying or selling bitcoin, nobody can stop a person from buying 1 billion dollars worth of bitcoin, nobody can stop them from selling it neither, so long story short price can be literally anything. Cost of bitcoin however will not become $25k, that is way too much for the current infrastructure to keep up.

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January 23, 2020, 04:35:53 PM
 #53

Indeed, the right year in 2021 maybe bitcoin will have a good recovery at the beginning of this year after the bullrun comes, then 2021 will happen but that's just my opinion.
If buying bitcoin now it's better than waiting to go up first then it will have difficulty when buying.
Bitcoin will definitely approach ATH or more, which is clear, we will wait for 2 years.

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January 23, 2020, 04:43:16 PM
 #54

I think the price will get to $25,000 this year because of the halving. I think that will be the beginning of a bull run in the price and it will continue well into 2021.

 
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January 24, 2020, 01:54:26 AM
 #55

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.

You don't need to worry even though in the future the price of bitcoin is getting more expensive and reaching a price of $ 25k you can still buy it in small quantities or satoshi 0.00. by using $ 100 you can already buy bitcoin. and in my opinion right now is the right time to buy. because the price of bitcoin is down. but I'm not sure bitcoin will reach $ 25k this year. my prediction is that bitcoin will reach $ 16k this year.

 
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January 24, 2020, 02:58:27 AM
 #56

With this open market, I highly doubt there is someone who can make a perfect prediction. Everything here is unexpected and the only thing we rely on is the chart that do tell us what could possibly be the next price but it is still uncertain. No one could tell if $25,000 would be the next ATH of Bitcoin but everyone is hoping.
true, even if I wish, I want the price of $ 25,000 achieved this year. maybe at the moment, people can only make predictions, and it's true that there are no accurate predictions. however, the possibility remains, because so many developments have taken place this year, so people are hoping for a new ATH. but, to begin with, I just hope that the price of bitcoin can approach the old ATH.
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January 24, 2020, 09:54:11 AM
 #57

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.

You don't need to worry even though in the future the price of bitcoin is getting more expensive and reaching a price of $ 25k you can still buy it in small quantities or satoshi 0.00. by using $ 100 you can already buy bitcoin. and in my opinion right now is the right time to buy. because the price of bitcoin is down. but I'm not sure bitcoin will reach $ 25k this year. my prediction is that bitcoin will reach $ 16k this year.

That price of $16k is possible to be reached this year, but I don't think we're moving out with the bearish market. Even though we're positive enough with what predictions we had, it's always certain to be patient while waiting for the right time. Accurate value seems doesn't seems to be effective, just expect $10k until the end of 2020 and just be surprised if it goes beyond what's predicted.
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January 24, 2020, 11:01:07 AM
 #58

Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.
I think that bitcoin's price will keep increasing with some volatility of the price till the end of this year. It may increase hugely after the havling that it will take place on 12 May 2020. A lot of people are waiting for that time because they're curious of what will gonna happen. In my opinion that bitcoin will reach 20k$ by the end of this year and probably more if things goes really good after the halving..

Speculation of this kind is not new in this industry. Many people are having huge expectations whenever the market price is growing not paying attention on how volatile the market is. In this industry, there are times of uprise and downfall which happens randomly, with that being said, predicting a high market value increase within a year is quite unrealistic, since there's no consistency with the price  direction.
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January 24, 2020, 11:13:06 AM
 #59

We really don't know what's gonna happen in 2021 but everyone is really hopeful it will reach that amount or even more and I think by 2021 the coins to be mined is almost everything thus getting it would be very difficult and with fewer coins to mine will have a positive impact on the price. And if by that time bitcoin will reach $25,000 I think it will not be that hard to buy because we are also expecting another high price which could probably reach $30k-$40k.
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January 24, 2020, 11:20:32 AM
 #60

We really don't know what's gonna happen in 2021 but everyone is really hopeful it will reach that amount or even more and I think by 2021 the coins to be mined is almost everything thus getting it would be very difficult and with fewer coins to mine will have a positive impact on the price. And if by that time bitcoin will reach $25,000 I think it will not be that hard to buy because we are also expecting another high price which could probably reach $30k-$40k.

We are still at the $8k mark now and reaching $25,000 in a span of say 2 years is good but it sounds unrealistic. I understand that you have trust in bitcoin but lets face it, a lot has been going on now like conflict between countries that somehow affected the price, supply and demand of coins, scam accusations linking to bitcoins and many others factors that can somehow affect bitcoin, I think if it will be in the $15k mark in 2021 then it'll be a good start for bitcoin.
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