Bitcoin may be worth $ 250,000 by 2020 if trend continues

dropnews (43)in #news • 7 years ago (edited)

Jameson Lopp, BitGo Software Engineer posted on twitter that if the seven-year trend of Bitcoin price continues, Bitcoin may will be valued at around $250,000 by 2020.

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7 years ago in #news by dropnews (43)

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twitterbot (56) 7 years ago

Jameson Lopp tweeted @ 05 Jun 2017 - 22:26 UTC

Bitcoin average DAILY value change:
2010: +0.82%
2011: +0.76%
2012: +0.26%
2013: +1.11%
2014: -0.25%
2015: +0.09%
2016: +0.22%
2017: +0.66%

Disclaimer: I am just a bot trying to be helpful.

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the.maett (36) 7 years ago

i dont think that this trend will continue... currently there is a hype around crypto and i agree crypto is the future.
but speculators and short term investors will drive the whole market to a big crash.
Afterwards the trust level of crypto is destroyed for a long time .. maybe years

look at the bitcoin crash 2013 ... it will be the same

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wekkel (51) 7 years ago

Just take the right perspective. Look at this logarithmic graph and watch out if this trend line breaks. If not, 2020 will have sweet Bitcoin prices.

Bitcoin price projection 2020

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Bitcoin may be worth $ 250,000 by 2020 if trend continues

Jameson Lopp, BitGo Software Engineer posted on twitter that if the seven-year trend of Bitcoin price continues, Bitcoin may will be valued at around $250,000 by 2020.

Jameson Lopp tweeted @ 05 Jun 2017 - 22:26 UTC

Disclaimer: I am just a bot trying to be helpful.

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