Quote from: Kiweikoo on October 30, 2018, 06:54:25 AM

Quote from: pixelvault on October 24, 2018, 07:54:03 AM

Very likely by 2020, BTC will either be dead or 100k + Wink

I do not buy any of them. There is no chance that Bitcoin will be dead and why would you think it will? Just because of the low or declining prices? Well price fall is no longer happening plus the people know holding as the best response to the falling prices.

About the price in 2020, I do not think it would have crossed the $100+ value either. I see it as an over-estimation and I do not think you have a regression model to sum up all the factors that affect the price of BTC and give you a result of more than $100+.

Sometimes, when people tend to use the word dead with bitcoin, I seem to wonder what they were actually thinking of in the first place. I am not sure where bitcoin would have crossed before the end of 2020 or after 2020 as no one can know, but the thing here is that, however the market turns out, there will most definitely be an increase in the long run and over time, we will even get to start seeing this space being used for what it really is and not just some speculative instrument, so the idea of death makes me wonder if people actually understand the reason why they are here in the first place.