What do you believe the price of BTC could be in? Most people have their own thoughts on this, and some have written numerous
Withhow volatile the cryptocurrency market is, the answer is anyones guess. Yet, many people in the cryptosphere love to speculate on just how high the prices of their favorite coins may rise.
We scoured the web to find out what the big names in the industry have predicted theBitcoinprice will be in the near future. Moreover, we reached out to experts in the space to see what their opinions were on the matter.
The answers we gleaned vary wildlyby 2020, some say 1 BTC will be worth $30,000, and some say it will be $1 million (read on to find out what this person will do if he is wrong!)
Its important to note that while many of these experts have used quantitative research and modeling to come to their respective price predictions, the cryptocurrency market is still incredibly volatile. Since it is all wild speculation, remember to take these predictions with a grain, or perhaps a barrel, of salt.
Only time will tell us who was way off mark, and who predicted correctly, if anyone!
We expect the mining economy to grow over the next several years, and project a BTC price of ~$36,000 by year end 2019 based on the historical average 1.8x P/BE multiple.
We still feel pretty confident that bitcoin is a great risk-reward and we think it could reach $25,000 by the end of the year.
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions.
I now predict Bitcoin at $1 million by the end of 2020. I will still eat my dick if wrong.
Bitcoins price can be anywhere in 5 years, from $10,000 to $100,000. An exact prediction is hard to provide because there are numerous fundamentals that are likely to change between now and [then].
Digital currencies and assets are the future of transactions and value storage, and Bitcoin is leading this revolution. But this doesnt make it easy to guarantee a specific price tag five years down the road.
I think BTC could potentially hit bigger figures by the year 2020. But for the next year or two, itll still be hovering just under the $10,000 mark. But then again, the end of 2019 is essentially millennia away.
I think Bitcoin and Ethereum will share a $4.5 trillion market cap by 2020.
In 2020, there will be ~18,375,000 BTC in circulation. $1,137,500,000,000 divided by 18,375,000 = $61,900 per coin, ~+2,200% from today.
My price prediction for Bitcoin in 2020 is $30,000++.
Im a Bitcoin bull. I see a few countries adopting it as a reserve currency before 2030. I believe its fundamentals make the most sense for institutional money and I think the digital gold narrative will only get stronger as we approach 21 million bitcoins.
Your guess is as good as mine. My price prediction for Bitcoin in 2020 is $30,000.
In 2020, my BTC estimate is $75,000, which is roughly 10x todays price, and a total market cap of $1.3 trillion.
Im unable to guess as there are so many factors are involved that is impossible to say. Id say that lack of proper security is currently the biggest obstacle for mass adoption of cryptocurrencies.
Whats your BTC price prediction for 2020? Share with us in the comments below!
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2020BitcoinBTCExpert Opinionsprice prediction
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Could bebut most people are wrong with Bitcoinyear in and year out. It has crashed 5 times at 80-90 percent and than rebounded 4000 percent.. Nobody knows shit.
If you believe in them, by the end of 2020, all your money will be in their pocket.
If you FOMOd into crypto in Jan and sold late and lost your shirtyou say $1000 to $0If you know the value of crypto and the tech and invested with proper bankroll management you say 250kbut in reality with this new asset class coming to fruition and every dot continuing to connect (despite bear market which is just traders playing trends and cycles) the next bull run with institutional money and custody will take Btc to 75k and crypto to 5 trillion marketcapby 2022 a 250k btc is a realityas there is not enough bitcoin for every millionaire to own just one
2020 is so soon that this ponzi scheme will likely still be around and trading anywhere from $10 to $10,000.
But by 2030, like all fake assets, it will be approaching zero very quickly.
ask these experts now with the thing crashing. My opinion is that bitcoin will be somewhere between a plugged or wooden nickel by 2020.
Btc will probably drop below 300 dollars by 2020. Bitcoin wont then quickly lose its total value because criminals and North Korea will still use it. It may remain for several years to come in the 20 to 200 dollar range. Tulip bulbs probably wont be more valuable until almost 2030.
I like your comparison to tulip bulbs. Maybe some of the blind followers will look that up, as well as the great depression (when money in banks was NOT backed by the FDIC.)
This site,with these so called experts,like many other sites,even discussing a valuation of 1m by 2020 shows none of them have any credibility whatsoever
Believe it or not. The highest price for btc by the end of 2019 is $13,000+ based on my prediction. .
It is not a bad investment if you do it right, and with nation-crypto() com platform you can invest in bitcoins or other crypto and actually have your coins insured to avoid any total losses, try investing with them today, their investment rates are flexible too.
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