Ninjastic
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Post
Topic
Board Speculation
Re: Bitcoin in 2020
by
TrueCryptonaire
on 17/07/2016, 20:07:00 UTC
Quote from: skyway1 on July 17, 2016, 07:52:08 PM
Quote from: martinacar on July 17, 2016, 01:46:13 PM
Quote from: Hamstead on July 17, 2016, 10:19:18 AM
Bitcoin could have around 1 to 5 million users in 2020. But that depends on the infrasture of the bitcoin being built.

I am not sure where this figures are coming from, since there hardly seems to be figures available about the amount of users.
Key is adoption. If that grows, the price grows.

i agree with you but maximum people are aware about bitcoin day by day that what is bitcoin and whats the benefits of bitcoin and maximum people want to invest their money in bitcoin than i hope so bitcoin growing its price faster .

For the most people it takes time to study bitcoin, so expect from publicity to 12 months to see adaption. Therefore last cycle was in part. First from 13-265 usd which made headlines to newspapers. Then summer 2013 was consolidation and people who read the headlines started studying bitcoin and once they were ready to buy in, the price rose from 70 usd to 1200 usd.