Post
Topic
Board Speculation
Re: The price of Bitcoin in 2020
by
Bitmore
on 25/05/2017, 23:00:59 UTC
So far scenario A seems to be playing out, with a high of ± $2700 and correction to ± $2300. Things are moving quicker then expected though.
It's funny how accurate scenario A is Cheesy This should be interesting, to compare.
But probably there will be big breakthrough when people will accept it (next financial crisis?).
I also think that the forecasts for a couple of thousand dollars for 2020 look very ridiculous. Already today the price for Bitcoin rises steadily enough and can soon reach $ 3000 within 5 or 6 months.

The results of the last week are so far off the chart in outperformance I think the models are flawed. 

I think there might the factor not included in even the model A that those in power with some fore knowledge of pending events, the really big money in the world, are planning on not being left behind, for example a financial crisis. 

This seems to be growing exponentially even with a correction here and there.