bitcoin growth prediction till 2020
Ray Kurzweil is very famous for his predictions and since the 90's his prediction have been about 80% accurate which is incredibly high for anyone who make predictions about anything.
prediction for the growth of bitcoin according to his theory from 2010 to 2020 is below
2010, Jan 1 - $0.31 = BTC 1
2013, Jan 1 - $13 = BTC 1
2015, Jan 1 - $300 = BTC 1
according to his theory price doubles roughly every 5 months if you were to smooth out all the crazy price swings. being slightly more "conservative about the prediction of bitcoin from his theory taking prices gets doubles in every 6 months. The prediction says
2017, Jan 1 - $4800 = BTC
2020, Jan 1 - $307,200 = BTC 1
in jan 1 2017 this prediction was accurate almost 35%
if in jan 1 2020 this prediction goes 10% correct then amount of bitcoin will be approx 30720$.
lets have luck guys.
source: reddit
In 2020
$307,200 = BTC 1 ➜ I doubt it.
$37,200 = BTC 1 ➜ Could be achievable if we are very lucky.
thats what i said , thanks for your valuable comment,
actualy its just a prediction , prediction based on theories and in real life data differs alot and if we are that much lucky , 30720$ is huge ,, have a luck for investors in bitcoin
I agree with you, $30720 would mean a market cap of around $500 billion. That would be 10% of the market cap for gold. I would also be great for my wallet 😁
can i ask how much bitcoin you hve?
😀
Not as many as I would want 😈
Actually I am counting in mBits at this point, I was not lucky enough to be in crypto when you could buy a whole bitcoin for a reasonable amount of money.
same here , make bitcoins on steemit and buy some ,. thats what my plan
if someone told you it'd be worth $3000 today, but they told you when you could buy 300BTC for $1 what would you say? Probably that it's impossible, but here we are.
North of $30k sounds doable.