Quote from: Farma on May 19, 2016, 03:44:55 PM

Quote from: fricircled on May 19, 2016, 03:23:16 PM

Quote from: sishendaoye on May 18, 2016, 06:45:17 PM

Quote from: co5hike on May 18, 2016, 05:40:16 PM

Quote from: fricircled on May 18, 2016, 05:23:13 PM

Quote from: neo1947 on May 15, 2016, 01:09:08 PM

By 2020 btc holders will be filthy rich Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.

That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.

I've read it before today, but it seems to me people are dreaming out aloud. An asset doubling every year, based on what? This is not going to happen, and it's not the goal of bitcoin.
Rather then to hope/dream, invest in your time in 'important' things.

The bitcoin price has more than doubled every year from 2009. It has ups and downs, the general trend is up.

I guess it is a common thing, up and down. but I think that this year will make bitcoin prices to be higher than in 2014 and 2015, well maybe this is the beginning of the rise of bitcoin

It's already higher then 2014/2015 and my guess the halving effect started very early this time. I don't expect the price to rise much now. For this year a stable coin around the 500 dollar would be perfect for me.

Too much volatility scares away investors... something we should avoid.