Bitcoin will increase 20X in the next 5 years

[dunfida]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

https://cointelegraph.com/news/no-debate-that-bitcoin-will-increase-20x-says-gold-industry-insider

Anyone can do express out their own ideas and own presumption towards the price of Bitcoin but those kind of views are way too far off to consider
and to put it out in 5 years time and do talk about almost half a million dollars price then it is already on the side which it isnt really that too realistic
to talk on.No matter how popular the person you are but these kind of takes wont really be that surprising because sentiments like
these are common for those who didnt see this market for a while and able to familiarize on how did bitcoin move in a decade time.
They should be aware first before making any comments.

[kapalmabur]

It is very easy to make such forecasts (and I did not see any serious justification for this forecast), because if the forecast turns out to be unsuccessful, then no one will remember about it. But if the forecast is successful, then its author will be able to say: I foresaw this! 

Just predict for 2021, don't predict for the next 5 years haha,
now Altcoin and Bitcoin prices are still far from satisfactory, Holder in 2017-2018 will definitely understand this,
even though now is the recovery season the price should be able to return to the year price level 2017-2018.

[KTChampions]

It is very easy to make such forecasts (and I did not see any serious justification for this forecast), because if the forecast turns out to be unsuccessful, then no one will remember about it. But if the forecast is successful, then its author will be able to say: I foresaw this! 

Just predict for 2021, don't predict for the next 5 years haha,
now Altcoin and Bitcoin prices are still far from satisfactory, Holder in 2017-2018 will definitely understand this,
even though now is the recovery season the price should be able to return to the year price level 2017-2018.

 
If you are a real investor and not a random person in the crypt, then you should have many entry and exit points, therefore, after that fall, active market participants already had many opportunities to recoup losses and even make big profits. I don't think that at least 5 percent of altcoins will return to their ATH, but this is just normal behavior in any competitive market - weak projects die.

[smyslov]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

Just because we are in bull run we predict Bitcoin in a very high level I prefer to be moderate and realistic, unless I see a dramatic move in the market or adoption will go at the highest, we can only predict a high price for Bitcoin depending on the the level of adoption, if adoption is moderate expect a moderate increase of the price.

[qwertyup23]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

https://cointelegraph.com/news/no-debate-that-bitcoin-will-increase-20x-says-gold-industry-insider

In all honesty, I do not see the correlation between the increase of gold's price to bitcoin's price in the near future. Before speculating any price in the future, one should always rely on data and not on blindingly speculate the price. Every time there is a bullish market on bitcoin, people would always predict its price on the market in the future without backing it up.

To be safe, divide your investments both short and long-term so you can take advantage of it in the near future.

[thecodebear]

5 years from now would presumably be around the peak in the following market cycle. So basically he's saying two market cycles after $20k we will see $300k-$500k.

That's a possibility. Assuming this market cycle hits $100k, that'll be at least a 5x increase over the previous cycle peak, so then the following one we might expect a 2-3x increase. So the top of that range would match the bottom of this guy's predicted range, around $300k. I could see $300k happening in five years (if that is indeed when we get the peak of the next market cycle after this one). Of course then it'll drop back to like $100k or lower for a bit.

[exstasie]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

He's probably right, but with a 5 year time frame it's a pretty low risk proposition. If the "4 year cycle" believers are right, we might have 2 bubble cycles during that time.

Personally I'm betting on $300K+ during the next bubble cycle, topping in 2021 or 2022. Within the next 2 years, in other words.

[el kaka22]

There is a big comparison, anyone who thinks otherwise do not realize why people invest into gold and think it is a good investment and people invest into bitcoin and thinks that is a good investment. You can't fake gold, well you can try but it won't be gold, it would be something else you sell as gold, which I am sure you can convince enough idiots to do the same for bitcoin as well.

However what I would like to point out here is the fact that if you would like to understand these two things, you have to realize that they are both loved for the same reason but one is more volatile since there are no regulations on it compared to other which has very strict regulations.

Hence at the end of the day, we are in a world where bitcoin can go 20x in the next 5 years, but it is also quite similar to gold but since it is unregulated it can move faster.

[Casdinyard]

I don't understand why people compare gold with bitcoins. There's no comparison and if the gold cost goes up it won't influence the bitcoin market.

Maybe the idea that Gold is assumed to be the best physical asset while Bitcoin is on the Digital version, links these two on each other. But that's indeed true, the market price has no correlation with one another but the idea on these two as "best" investments makes somewhat of a connection resulting to comparison.

20x of an increase in the market price could either be possible or not. Despite of being realistic, that a decentralized digital currency as an investment, will have such market value, possibility speaks for its definition wherein there is a chance or even the slightest. In my opinion, price would be around $30k or maybe $40k. Not go be a pessimist but I think it would really be impossible but I won't disregard the possibility of its occurrence. What makes me in doubt is the nature of price increase inconsistencies in this industry.

[2tang]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

Just because we are in bull run we predict Bitcoin in a very high level I prefer to be moderate and realistic, unless I see a dramatic move in the market or adoption will go at the highest, we can only predict a high price for Bitcoin depending on the the level of adoption, if adoption is moderate expect a moderate increase of the price.

true, I also think so, because it seems too early for us to say that if bitcoin will reach 5 times the price in 2025 again, we know that so far bitcoin price increases have often occurred due to positive sentiment in the market and if that positive sentiment stopped, of course making bitcoin prices decline again, now it looks like the hype defi is one of the causes of the increase in bitcoin prices and we don't know whether this hype defi will continue or not in the future, but the most important thing now is for us to enjoy the benefits that we get from the increase in the price of bitcoin in the market and let the price of bitcoin in the next 5 years remain a secret

[Hamphser]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

Just because we are in bull run we predict Bitcoin in a very high level I prefer to be moderate and realistic, unless I see a dramatic move in the market or adoption will go at the highest, we can only predict a high price for Bitcoin depending on the the level of adoption, if adoption is moderate expect a moderate increase of the price.

true, I also think so, because it seems too early for us to say that if bitcoin will reach 5 times the price in 2025 again, we know that so far bitcoin price increases have often occurred due to positive sentiment in the market and if that positive sentiment stopped, of course making bitcoin prices decline again, now it looks like the hype defi is one of the causes of the increase in bitcoin prices and we don't know whether this hype defi will continue or not in the future, but the most important thing now is for us to enjoy the benefits that we get from the increase in the price of bitcoin in the market and let the price of bitcoin in the next 5 years remain a secret

Im not seeing for DeFi to be one of the reasons on why this market had flocked out and able to rise but rather i do go nor believe that those positive sentiments
like Paypal adoption is much more relevant or we can nearly say to be the main reason on why we are seeing these levels now but doesnt mean that it would just
go into those high level price just because we are seeing that it is doing pretty well at the moment. Talking about 20x in next 5 years is nearly impossible or isnt even realistic to say.
We should at least mind on how we gonna break this ATH and would talk later on 30k resistance yet this wont really be a smooth sailing journey and expect to have
a wavy ride.

[lunnatic]

whether 20x or 100x, for sure I really think this year, whether it will fail to $ 20k or make it past $ 20k,
because this moment is very important for the development of the Bitcoin price in the future.

[Kelvinid]

20x in the next 5 years? I can't imagine how to be going and accumulated with because that was even riskier as I see.

Bitcoin is will be in high demand in the coming years but then, I'm not going to think that it goes like that, I only think it stuck at $20k, or if it is possible $50k will be at reach but not $100k.

Well, nothing it gives assurance. I know that people wanted to be bullish always but I'm not sure if they are also accumulating more Bitcoin if the price will be at that level.

[btc_angela]

20x in the next 5 years? I can't imagine how to be going and accumulated with because that was even riskier as I see.

Bitcoin is will be in high demand in the coming years but then, I'm not going to think that it goes like that, I only think it stuck at $20k, or if it is possible $50k will be at reach but not $100k.

Well, nothing it gives assurance. I know that people wanted to be bullish always but I'm not sure if they are also accumulating more Bitcoin if the price will be at that level.

The market really works in cycle, and today we have big companies pushing the price of bitcoin. So it's just a matter of who are the next big buyers to get into let's say 6 digits in the future.

I have a theory that in order to get to that, I'm seeing gold investors or even oil investors suddenly shift their investments to bitcoin. But that's too early to say, there could be lots of thing that can happen in the future beyond our control.

[blckhawk]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

Just because we are in bull run we predict Bitcoin in a very high level I prefer to be moderate and realistic, unless I see a dramatic move in the market or adoption will go at the highest, we can only predict a high price for Bitcoin depending on the the level of adoption, if adoption is moderate expect a moderate increase of the price.

Well, we can't blame them since Bitcoin was really unpredictable after all. When we are on the time way back in 2009 where Bitcoin is worth a penny, we didn't expect that it will rise and set an ATH at $20k USD. Thus I think everyone is disappointed in missing an opportunity to accumulate back then and trying to be optimistic, believing that it will perform an unexpected growth once again. Honestly, I also believe that Bitcoin will enormously grow but I think that would take a lot of time, maybe a decade or even more.

[ipanks]

He must have a crystal ball that can predict the future

It could happen in the future, but the future is still a mystery to us. But for me, 5 years later will be too long to think about and it is better to think about how we can make more bitcoin from now on before the price rises. No matter how much bitcoin's price, if we don't try to earn more bitcoin from now on, we will be too late to join that party.

[XCANA]

5 years later it is still a mystery, of course we cannot predict it easily,
20x or even get a severe dump, for sure you have to really have a good strategy to deal with it happening.

Nobody can predict this Bitcoin becasue the history has explained what experts couldn't in time past. Bitcoin can make such percentage in five years to come and can also make a dump, this is a fact. But, in my honest opinion, the current movement of Bitcoin price look impressive and it might continue with the price, recently, there has been many institutional investors trooping into the cryptocurrency world which give the signal of better days ahead, so, buy what you can afford to hold now before it's too late. 

[lixer]

I don't know about 5 years but in 10 years it is definitely going to make this type of increase. The truth is bitcoin is becoming more mainstream investment option for many people, but they are not doing it in big numbers just yet, it is getting to be more mainstream but not standard, right now regular stuff are still things like stocks, gold, real estate and whatever which means there are still people trading in crypot in lower levels but when we reach to that standard level and traded like those things, we are going to end up seeing huge increases in bitcoin price. That will not happen as quickly as 5 years because there isn't enough time, but in 10 years time it will definitely be long enough period that we could do that type of increase for sure.

[Sebas.tian]

Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.

“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”

Just because we are in bull run we predict Bitcoin in a very high level I prefer to be moderate and realistic, unless I see a dramatic move in the market or adoption will go at the highest, we can only predict a high price for Bitcoin depending on the the level of adoption, if adoption is moderate expect a moderate increase of the price.

Yeah mate, at the current rate of adoption we shouldn't be thinking or speculating what's not realizable in Bitcoin price. Though, the rate at which institutional investors are clunging Bitcoin can't make it price go to 20X or equivalent. For Bitcoin price to climb $300k is not visible taking into consideration some obstacles that are likely to erupt in future about Bitcoin adoption or the regulations that's awaiting Bitcoin from the G-7.

[Twinkledoe]

whether 20x or 100x, for sure I really think this year, whether it will fail to $ 20k or make it past $ 20k,
because this moment is very important for the development of the Bitcoin price in the future.

Bitcoin doesn't hit 20k this year, it will hit 20k next year, nothing too important. The 18k-19k milestone can still provide a good momentum in the coming years, we shouldn't put too much emphasis on one price.

This year is not over yet. So there's hope to reach the 20k this year. Who knows, just before our year ends? Anyway, what the btc accomplished this year is I believe already great! Even with the pandemic, surprisingly the btc market survives and now we are heading to hit the ATH again. Don't underestimate the btc adoption as we are now seeing more and more big companies joining the crypto revolution.