Bitcoin will increase 20X in the next 5 years

[Oasisman]

5 more years? It's been a very long time, well, in any cryptocurrency it can happen, the future is still a mystery,
don't expect all your expectations will come true.

That's right "don't expect all your expectations will come true." because Bitcoin might be a hundred times higher than the current price today.
And yeah 5 years is a long time, a lot if things could happen and a lot of things could change. Bitcoin isn't at the peak yet, we're still here witnessing the rise of Bitcoin.
I'm not sure If you're talking about a negative or positive feedback, but allow me to tell you that Bitcoin throughout the years from it's creation has been in a rising pattern.

[SmokerFace]

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.
Digital forms of money are decentralized while gold isn't it's a controllable resource and governments are behind it.
Bitcoin may rise more in the next 5 years and it can cross $500,000+ since it has more potential than gold and we may see greater improvement in forthcoming days.

[doomloop]

5 more years? It's been a very long time, well, in any cryptocurrency it can happen, the future is still a mystery,
don't expect all your expectations will come true.

That's right "don't expect all your expectations will come true." because Bitcoin might be a hundred times higher than the current price today.
And yeah 5 years is a long time, a lot if things could happen and a lot of things could change. Bitcoin isn't at the peak yet, we're still here witnessing the rise of Bitcoin.
I'm not sure If you're talking about a negative or positive feedback, but allow me to tell you that Bitcoin throughout the years from it's creation has been in a rising pattern.

I do believe that our expectations are not that crazy, but 20x on 50k is is a million dollars. Even though I am very bullish on bitcoin, I do not think that 20x from here could happen anytime soon, not that it is impossible but let's be honest do you really think that 1 million dollars could happen anytime soon, I do not think it could happen for few years at least, maybe a decade.

So I think we should focus on the 20x as the title suggest, which was something along 300-500k prices, and that is not that bad, sure that is still quite long way to go but 300k from here is 6x and that is a lot easier to achieve compared to 20x price. Gold and bitcoin has been compared a lot in the past, and now the realistic approach is to get bitcoin to gold marketcap, I think that will definitely happen one day, but if we can get even close to it that would be awesome.

[rhodelmabanal]

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

There are posibility that the bitcoin will rise up to 20x in the next five years, but i think it always depend on the market situation, i think 5 years is a short period of time for the 20x rise maybe it needs more than 5 years base on price chart bitcoin is increasing from the year that  it is first used or invented but the rising of its price is conditional and we dont know when that is why we also need patience.

[virasog]

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.
Digital forms of money are decentralized while gold isn't it's a controllable resource and governments are behind it.
Bitcoin may rise more in the next 5 years and it can cross $500,000+ since it has more potential than gold and we may see greater improvement in forthcoming days.

There are number of reason why people compare gold with bitcoin as they think that bitcoin is digital gold. Gold marketcap is around  $9 trillion and if bitcoin gains that much marketcap, then we can't imagine the price of bitcoin at that moment.

[Shasha80]

With the bullish trend of Bitcoin that hasn't ended until now, it makes me believe that in the next 5 years the Bitcoin price can reach a 20x increase.
Moreover, this year many institutions have started investing in Bitcoin, it should be very easy for Bitcoin to go up to 20x in the next 5 years. So before
that happens, from now on we have to collect as much Bitcoin as possible. Because when it came true the Bitcoin price went up 20x. We can become
rich people, just imagining it I'm already very excited.

[fadhilz123]

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

5 years later so we will meet another halving, and the positive impact of halving is the price will soar. So the question will be 20x or 30x? Yes or No. But whatever will happen in the next 5 years, I'm sure that bitcoin will be 20x-30x it will be in 5 years or more or maybe less than 5 years, who know??

[KTChampions]

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.
Digital forms of money are decentralized while gold isn't it's a controllable resource and governments are behind it.
Bitcoin may rise more in the next 5 years and it can cross $500,000+ since it has more potential than gold and we may see greater improvement in forthcoming days.

I wonder why you think that gold is not decentralized? In my opinion, it is more decentralized than bitcoin. If half of humanity disappears, then gold will not lose its properties and most likely the demand for it will remain at a sufficient level. Bitcoin, in turn, is completely unviable outside the infrastructure that supports its existence.

[Questat]

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

5 years later so we will meet another halving, and the positive impact of halving is the price will soar. So the question will be 20x or 30x? Yes or No. But whatever will happen in the next 5 years, I'm sure that bitcoin will be 20x-30x it will be in 5 years or more or maybe less than 5 years, who know??

People got hype and really optimistic when the market is at high, thinking x10, x20 in the next Bullrun is still uncertain. You can't be sure that everything will follow the same path as what we have today. No for sure, maybe we could say that its price will be doubled or tripled in the next Bullrun might be possible but this ( as you have mentioned), that is really hard to achieve. I'm not thinking negatively here but we shouldn't have to think too far from the possible scenario.

[TheGreatPython]

People got hype and really optimistic when the market is at high, thinking x10, x20 in the next Bullrun is still uncertain. You can't be sure that everything will follow the same path as what we have today. No for sure, maybe we could say that its price will be doubled or tripled in the next Bullrun might be possible but this ( as you have mentioned), that is really hard to achieve. I'm not thinking negatively here but we shouldn't have to think too far from the possible scenario.

I remember in 2017 there were a lot of people who started to get into crypto when the price was super high at around 15k+ prices, some of them got lucky and made a profit, some of them were too greedy and lost a lot of money.

So, if you make a lot of profit and leave early, you are going to miss out on the chances to make more profit, if you make a lot of profit and never get out, eventually the price will fall and you will lose money for being too greedy. There is really this amazing point where if you sell at that moment and everything starts going down after that, it would be great for you but finding that and getting out at that price is not really that easy, it is really something challenging and rarely anyone can do that. Which is why I think many people will either leave early, or they will hold too much and lose money.