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Author Topic: When Bitcoin will reach $20000 again  (Read 26487 times)

Offline sulphur007

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When Bitcoin will reach $20000 again
« on: April 08, 2020, 12:09:25 AM »
Predicting the price of Bitcoin accurately has proven to be a difficult task. Still, the difficulty of divining the future doesn’t stop people from continuing to make predictions about Bitcoin’s price.

In this article, I’ll share with you 6 price predictions for Bitcoin in 2020, all made by notable figures in the crypto space. Bitcoin Price Prediction Summary Bitcoin is said to be worth anywhere from $14,000 to $1,000,000 by industry experts such as Tom Lee, Vinny Lingham and John McAfee.

There are so many cryptocurrencies that people do not tend to pay much attention to. Investing in these cryptocurrencies would bring about maximum profits and also would bring less worries in the fluctuations of their prices as they have really stable prices. Cryptocurrencies like ripple,monero,dash,binance coin,bitcoin cash,bitcoin sv, litecoin,ethereum and so many more can be invested on the platform (www . forex #spam .io) where you get from 25% to 100% ROI on whatever is invested and also you can invest in cloud mining.

Keep in mind that price predictions are guesses at best, and certainly shouldn’t be taken as financial advice.

1. Tom Lee’s Bitcoin Price Prediction ($14,000) The co-founder of the investment strategy company, “Fundstrat Global Advisors,” Tom has become a well-recognized figure in the bitcoin community. He sets forth a relatively conservative prediction for Bitcoin’s price in 2020. Having made some wrong price calls in the past, Tom is definitely not making a firm prediction and staking his reputation on it. Rather, he takes a measured approach. In a CNBC interview conducted in April of 2018, Tom had this to say: “I think you’re seeing signs that fundamentals are improving, technicals are improving, and now there’s real activity by, essentially, crypto hodlers. […] So I think […] a 2.5 standard deviation move for bitcoin would take it to $14,000. I’m not saying that’s where it’s going to go, but that’s the magnitude of move that would be a catch-up.” Tom isn’t shooting for the moon. He merely expects 2020 to be the year when Bitcoin regains some of its former value, in preparation for a bigger increase in the years to come. Overall, Tom expects relatively stable (for Bitcoin) price action as, in his estimate, crypto winter has ended.

2. Ronnie Moas ($28,000) vs. Vinny Lingham (under $28,000) According to a press release from the recent “World Crypto Con” conference, Ronnie and Vinny are two people with very different opinions of where Bitcoin price is headed in 2020. Both of them put their money where their mouth is by making a $20,000 bet, live on-stage at the conference, on where the price of Bitcoin will be 2020. The loser must donate the stated amount to the Ross Ulbricht — First-time, Nonviolent Offender charity, dedicated to freeing the former Silk Road operator, Ross Ulbricht, from prison. The bet was made on November 2nd, 2018 and will be decided at the start of 2020. In order for Ronnie Moas to win the bet, the Bitcoin price must reach or exceed $28,000 by the end of this year. Anything less than $28k and Vinny will win. There is also concrete evidence that the bet really happened, so the loser won’t be able to back down without losing face. I looked around the internet and I found the video produced by the conference.

3. John McAfee’s Bitcoin Price Prediction ($1,000,000) The charismatic, obscene, and explicitly anti-establishment technologist, John McAfee, made his own famous prediction as to where Bitcoin’s price will go in 2020. According to a news article and his Twitter posts, McAfee expects that Bitcoin’s price will inevitably reach one million Dollars, which would put Bitcoin’s market cap around $18,000,000,000,000 or $18 trillion. John expects this figure to be reached by the end of 2020 and he seems pretty confident about it. In November of 2017, he doubled down on his $500,000 call for the same timeframe, raising it to a cool million. McAfee also issued an extreme and shocking public wager related to his prediction. In the event that his prediction doesn’t pan out, he’s said he’ll eat one of his own body parts. I’m not going to get into any more detail than that, but if you’re familiar with McAfee’s antics you can probably guess. There’s a handy website with a countdown and further details on McAfee’s crazy bet.

4. Fran Strajnar’s Bitcoin Price Prediction ($200,000) Fran Strajnar is the CEO of a cryptocurrency research organization called Brave New Coin, which you may have encountered. He gave a Bitcoin 2020 price prediction in May of 2018 in an article published by Inverse. In his discussion with the publisher, Fran explains that his expectation for Bitcoin’s price by 2020 is that it will reach $200,000 per Bitcoin. He said: “The adoption rates are continuing to be quite steady, and adoption rates heavily correlate to the price, so therefore, unless for some reason people just simply stop continuing to adopt Bitcoin, we should see $200,000 per Bitcoin by 1st January 2020 at the latest. Hashrates, number of wallets, apps, dapps … all that infrastructure is just steadily increasing, so adoption is most definitely happening and a lot easier to quantify, so we’re fairly confident with the fundamentals of Bitcoin, and we’re questioning a lot of the fundamentals of the [initial coin offerings].” It’s pretty clear he was right about the ICO bubble bursting as well, so that lends a bit more credibility to his prediction.

5. Ivan on Tech’s Bitcoin Price Prediction (“stable”) Similarly to Tom Lee’s call, Ivan on Tech is keeping it low key. If you haven’t heard of him, Ivan is a social media influencer, blockchain educator, and general crypto personality. He expressed his expectations for Bitcoin’s price in 2020 in a video recorded in February 2019. Ivan’s prediction is that not a lot will change in the next few years when it comes to crypto prices. “There are a couple of boring years ahead of us,” he says in the video. So, Ivan foresees a future of relative stability. His reasoning is that most of the people still working in cryptocurrency after the grueling crypto winter are more interested in technology than price speculation. Ivan reasons that only the true believers remain, the fake money chasers having departed for easier profits elsewhere.

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When Bitcoin will reach $20000 again
« on: April 08, 2020, 12:09:25 AM »

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Offline Master107

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Re: When Bitcoin will reach $20000 again
« Reply #1 on: April 08, 2020, 01:31:39 PM »
Wow!
Almost predicted price beyond 20k.
It shows how potential and capable bitcoin.
I think 1,000,000 is unreachable at this stage where everybody's at the point of using the money to buy foods in order to survive.
However, if McAfee was right buying bitcoin now is good until $1,000,000 per bitcoin happen.

Offline mlawson71

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Re: When Bitcoin will reach $20000 again
« Reply #2 on: April 08, 2020, 04:06:27 PM »
Under the current circumstances no prediction can be made with any certainty, I fear.

Offline DogeTalk

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Re: When Bitcoin will reach $20000 again
« Reply #3 on: April 08, 2020, 07:12:43 PM »
Anyone can do anything and give an analysis of the price of bitcoin or whether bitcoin can exceed the highest price. Of course bitcoin can do it but it takes the right time and moment to do that

Offline Senin

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Re: When Bitcoin will reach $20000 again
« Reply #4 on: April 09, 2020, 06:41:43 AM »
This year will be very interesting for bitcoin and the cryptocurrency market as a whole due to the coronavirus pandemic and the further likely onset of the global economic crisis. We also expect next month to reduce the reward to miners by half for each new block of bitcoin mined and the introduction of Ethereum 2.0 improvements in this coin in the near future. There will be many events and all of them will have an impact on the price of cryptocurrency.
The price of bitcoin this year up to $ 20,000 is still possible, but on the whole, I don’t really count on its too high price even in the long term. Yes, and John McAfee himself refused in January of his forecast for the price of bitcoin in a million dollars. This price is clearly unrealistic.

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Re: When Bitcoin will reach $20000 again
« Reply #5 on: April 09, 2020, 05:39:25 PM »
Just a wish that bitcoin can reach the price you are talking about. Easy or not depends on how users and holders judge the price of bitcoin. I rather think bitcoin can reach the highest price before
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Re: When Bitcoin will reach $20000 again
« Reply #6 on: April 09, 2020, 10:30:16 PM »
If covid-19 outbreak can be over soon, there is a chance to see it at the end of this year or the beginning of 2021. I think halving can make a significant influence if there is no virus outbreak. But unfortunately with the current situation, I doubt we will see it soon this year.
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Re: When Bitcoin will reach $20000 again
« Reply #6 on: April 09, 2020, 10:30:16 PM »


Offline Paglamon

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Re: When Bitcoin will reach $20000 again
« Reply #7 on: April 11, 2020, 10:31:32 AM »
At present, I think the stories have no basis. reason covid - 19. But a partial argument exists. The virus has changed the way things are going. LC's belongings burned down. Many ETH based token have been burned. The cryptocurrency projects are closed. Investment in the market has declined.
Investors are not investing. After all, the market has undergone a huge change.
« Last Edit: April 11, 2020, 01:09:03 PM by Paglamon »

Offline trauchot

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Re: When Bitcoin will reach $20000 again
« Reply #8 on: April 11, 2020, 12:44:34 PM »
It is still difficult to answer at this question, but I think if world would not have huge problems with corona virus, then this year before Bitcoin halving, perhaps Bitcoin could reach the price of 20k$, and now of course I don’t know when Bitcoin will reach 20k$.
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Re: When Bitcoin will reach $20000 again
« Reply #9 on: April 11, 2020, 03:28:30 PM »
It really hard to predict, but it's interesting to note that if someone invests in Bitcoin way back in June 2009 where the price then was just $0.0001 per BTC and he held it in his wallet until this moment in time, his return of investment (ROI) would be huge.


Offline tervel

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Re: When Bitcoin will reach $20000 again
« Reply #10 on: April 15, 2020, 05:56:19 AM »
It seems like currently there simply isn’t enough hype to drive Bitcoin back up into the $20,000’s.When Bitcoin originally reached $20k, investors were rushing to invest in the new big thing. It was being discussed on multiple news channels, and exchanges were seeing millions of new sign-ups per day. However, that fever isn’t present in today’s crypto market.

Offline Malam90

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Re: When Bitcoin will reach $20000 again
« Reply #11 on: April 15, 2020, 11:37:04 AM »
Many experts have showed their logic for upcoming Bitcoin price prediction but i can say that Bitcoin price may hit again $20000 either at the end of this year or the next year 2021. We have noticed $10+ in the last few months ago.

Offline BlogIcoReview

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Re: When Bitcoin will reach $20000 again
« Reply #12 on: April 15, 2020, 12:22:06 PM »
Wowwww.......This is a great prediction for BTC because the price prediction explain not  easy any person. I am sure that BTC 2020 hit the prices 20k$ to 30k$.

Offline fulled

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Re: When Bitcoin will reach $20000 again
« Reply #13 on: April 15, 2020, 04:08:33 PM »
not in near future, i still not seeing any sign world economic can rising in near future too, so bitcoin will be wait more longer, maybe 2-5 years from now we will hit 20000 and sideways at that price for more year or 2

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Re: When Bitcoin will reach $20000 again
« Reply #14 on: April 15, 2020, 04:31:10 PM »
I just hope that in 2-5 years we can all return to some sort of normalcy.

 

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