Will Bitcoin ever go over 600 in next 5 years? (Till 2020)

[Lovethecoins]

We are so early into bitcoin adoption... Apple was founded 1976... Good things take time

[GÜNther.Danish]

The future is not predictable, why not choose "yes"?

[freedomno1]

Will Bitcoin ever go over 600 in next 5 years? (Till 2020)

Feel free to add your reasons!

It's still very early in the game for the technology
This year and last year were build stages where investor capital was being established to develop bitcoins value proposition further
Given a few more years by 2020 usage will impact the price dynamic in a way to make it go back over 600
Plus by then we will have had one to two more blockchain halving events which might trigger more price attention and appreciation to Bitcoins.

[tadakaluri]

It may easy target within 12 months.

[jacktheking]

Bitcoin go over 600 in 5 years? Yes, it will. A classic answer, when Bitcoin started.. it worth nothing! Six years after (2015), it worth 200 USD!

[Sarahiko]

None can tell it can even reach a thousand USD in minutes, hours ,days etc. it all depends on the trading volume the demand and supply of bitcoins.

[Roccker]

Yeeee, it happened!


Now i am in plus the first time since about 2 years

[Denker]

Yeeee, it happened!


Now i am in plus the first time since about 2 years

Well, congratulations!
Good feeling right?!
Even greater to see you had the patience and were strong enough not to sell on a loss.
I know many people who just wanted to make a quick buck and have sold with a loss.I told them in few months, they might regret it.So why not just wait a bit longer if you do not need the money right?!Guess what happened the last days? They contacted me and started crying."I was so dumb not having listened to you!"
Lesson learned I would say!

[bit1]

And think that this will be considered prehistory someday, but still a long way. Dont rush!

[Skaven]

Will Bitcoin ever go over 600 in next 5 years? (Till 2020)



Feel free to add your reasons!



Bitcoin price-future is dark -  camp:
- The last bubble was the last one and it will never rise again this high
- The world is exposed to Bitcoin and it said ‘Nay’

Bitcoin price-future is light - camp:
- Bitcoin is still not mainstream, we are at the beginnings
- Fundamentals (Retailers who accept bitcoin, number of users, number of addresses, number of transactions, Millions that are invested in bitcoin-companies and technology) are good and getting better.
- Next bitcoin halving 2016 or 2017, inflation drops
- winklevoss presentation on bitcoins: https://winklevosscapital.com/value-investors-congress-presentation/
- Coindesk bitcoin fundamentals changing through 2014: http://www.coindesk.com/state-bitcoin-2015-ecosystem-grows-despite-price-decline/

- Big question mark is these EFT’s that shall bring Bitcoin to Wall Street.

The Bitcoin is already over $600 and it is on its way to $700 so that has already been passed. I am now looking forward to hitting $1000 because that is going to attract allot of attention and more users.

[Altynbekova]

As you can see we have already passed $600 for a long time right now but to be honest i did not expect this happen at all.
I was surprised that the price was rising so fast before the halving was going to start.

[Dwelach]

Will Bitcoin ever go over 600 in next 5 years? (Till 2020)



Feel free to add your reasons!



Bitcoin price-future is dark -  camp:
- The last bubble was the last one and it will never rise again this high
- The world is exposed to Bitcoin and it said ‘Nay’

Bitcoin price-future is light - camp:
- Bitcoin is still not mainstream, we are at the beginnings
- Fundamentals (Retailers who accept bitcoin, number of users, number of addresses, number of transactions, Millions that are invested in bitcoin-companies and technology) are good and getting better.
- Next bitcoin halving 2016 or 2017, inflation drops
- winklevoss presentation on bitcoins: https://winklevosscapital.com/value-investors-congress-presentation/
- Coindesk bitcoin fundamentals changing through 2014: http://www.coindesk.com/state-bitcoin-2015-ecosystem-grows-despite-price-decline/

- Big question mark is these EFT’s that shall bring Bitcoin to Wall Street.

Off course will he hit the 600 dollar did you not see where he is °standing right now we already up to 700 dollar each as you can see. So why do you think he will reach the 600 we already passed men.

[bitcoinboy12]

Will Bitcoin ever go over 600 in next 5 years? (Till 2020)



Feel free to add your reasons!



Bitcoin price-future is dark -  camp:
- The last bubble was the last one and it will never rise again this high
- The world is exposed to Bitcoin and it said ‘Nay’

Bitcoin price-future is light - camp:
- Bitcoin is still not mainstream, we are at the beginnings
- Fundamentals (Retailers who accept bitcoin, number of users, number of addresses, number of transactions, Millions that are invested in bitcoin-companies and technology) are good and getting better.
- Next bitcoin halving 2016 or 2017, inflation drops
- winklevoss presentation on bitcoins: https://winklevosscapital.com/value-investors-congress-presentation/
- Coindesk bitcoin fundamentals changing through 2014: http://www.coindesk.com/state-bitcoin-2015-ecosystem-grows-despite-price-decline/

- Big question mark is these EFT’s that shall bring Bitcoin to Wall Street.

Off course will he hit the 600 dollar did you not see where he is °standing right now we already up to 700 dollar each as you can see. So why do you think he will reach the 600 we already passed men.

Yep, and this question is so outdated. So so outdated.. I'm now actually waiting for the 800 which I feel is just around the corner.

[equator]

Will Bitcoin ever go over 600 in next 5 years? (Till 2020)



Feel free to add your reasons!



Bitcoin price-future is dark -  camp:
- The last bubble was the last one and it will never rise again this high
- The world is exposed to Bitcoin and it said ‘Nay’

Bitcoin price-future is light - camp:
- Bitcoin is still not mainstream, we are at the beginnings
- Fundamentals (Retailers who accept bitcoin, number of users, number of addresses, number of transactions, Millions that are invested in bitcoin-companies and technology) are good and getting better.
- Next bitcoin halving 2016 or 2017, inflation drops
- winklevoss presentation on bitcoins: https://winklevosscapital.com/value-investors-congress-presentation/
- Coindesk bitcoin fundamentals changing through 2014: http://www.coindesk.com/state-bitcoin-2015-ecosystem-grows-despite-price-decline/

- Big question mark is these EFT’s that shall bring Bitcoin to Wall Street.

Off course will he hit the 600 dollar did you not see where he is °standing right now we already up to 700 dollar each as you can see. So why do you think he will reach the 600 we already passed men.

Yep, and this question is so outdated. So so outdated.. I'm now actually waiting for the 800 which I feel is just around the corner.

ya it is true that this correction is healthy as some small traders have sold their btc and now its right time to buy back the btc and next week we will see the btc price above 800+ but i think before halving the price wont sustain high and we can see more correction in the second week of july when the halving will be  going on.

[Dr.Osh]

yes, that's for sure. the longer, bitcoin will have a lot of users, it is because bitcoin is a very powerful technology in terms of transactions and business. people can easily make money with bitcoin, so if everyone is looking for bitcoin, it is obviously going to make bitcoin prices to be higher than at present, especially in 2020, maybe then everyone was using bitcoin

[Torque]

We will say goodbye to triple digits forever within 24-36 months, worst case.

[oblivi]

It shows that people like OP become really pessimistic about price increase when the price becomes stable for a while. Funny that 600 is the new floor.

[iv4n]

Bitcoin have a chance to become a mainstream, when will it happen is hard to predict. I think OP made some good arguments, we are on beginning and there is a lot of time for btc to grow and become one of the leading currencies in the world.
I think interest in btc will grow over the years, and that will force shops and big companies to accept btc. If we look where btc was 5 years ago, and where it is now we see a big difference, we can assume that for next five years there will be even bigger changes.
On of the reasons why btc price will grow is miners, they will need to make profit in order to continue with mining, so logic tell as that after btc halving price needs to go up and stay there. But there is halving for 4 years again, so gradually price will rise in that period.