[dtube] 2030 BTC Price Prediction, Joe Rogan &amp; Brexit | Q&amp;A #17

watwrongwitunews (61) 6 years ago

I imagine the price will be much more stable by 2030.

$3.03

4 votes

wa2qr (58) 6 years ago

Amazing to see everyone wants to know what will be the price in the coming years, but i would love to see people use this currency and technology more as a revolution in the new age fintech world where one does not require the permission of a third party to transfer the payment to any other party.

In my opinion i see price of bitcoin at around 100,000$ by dec 2020. Now there are people who argue why and how will this happen.

Its a very simple mathematical calculation, the number of users right now using bitcoins are approx. 50 million as per the sources and data collected till jan 2018. This number is expected to reach around 250 million by 2020.

Also the market cap of bitcoin to reach the price of 100,000$ needs to be around 1.9 trillion dollars if we expect the supply to be around 19 million coins which is near 17 million right now.

Now coming on to the most important thing of mining cost and the difficulty rate of the network then according to my calculations the difficulty rate of mining after the next halving in may 2020 will be approx 2.5–3 trillion gh/s which is a rough estimate depending upon the current hash rate which is around 25 billion gh/s.

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4 votes

buil745in (39) 6 years ago

People are underestimating the exponential growth of cryptocurrencies and in so doing are not able correlate, or understand, that rise in popularity to the . they don't want to accept, or they refuse, to believe that this is anything more than a passing fad. they don't realize most major banks are trying to figure out how to adapt block chain technology into their electronic ledger systems. its simply a matter of time until the the bobbly heads on wall street tell the average person that cryptocurrencies are safe. mostly people don't get involved cause they don't understand the stock market and they think that's all it is. because most of us just talk about trading the stuff. they don't see the "real world" applications. cause you cant buy mcdonalds with it yet. like my girlfriends dad is not gunna get involved unless his brokerage tells him its safe to do so or until they do it for him and let him see profits.im sure a lot of people feel this way right now. its scary. hackers and stuff. but I too think its completely acceptable to believe that with the growing familiarity, and numerous benefits of using electronic currency over paper, that bit coin will be reaching unprecedented hieghts in the next 5 years. even as earl as 2020 the 19k high of last year will be the new low point people are gunna wish they had bought in at. and even the people like me who jumped in around 8k will still be feeling great about that initial investment. mine was 420. but I believe in cycles. and your 2020 date fits in with me believing this is the revival of the roaring twenties. I just want to be ready for the next great depression.

end ramble.

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milano1113 (58) 6 years ago

Lot of questions! You are in demand 😃!
I would love to see your video about where to safely store your crypto. There are so many suggestions and you seem like a very reliable source. I wish in the near future you would share this subject with us on steemit.
Every bull or bear cycle takes time. It’s also said that when the bull market is at the top, the bears take over very quickly. When the bear market can’t go any lower, it tends to stay that low much longer. We just have to be patient. So far we had about seven cycles in bitcoin. This time is no different.
By 2030 bitcoin will undoubtedly exist, the only question remains at what extent? Whether it will be overrun by other cryptocurency such as ETH, bitcoin cash or even IOTA 😃 will have to be seen. You might have to get diversified. I try to be.
Lol history wasn’t my best, but economics got definitely me interested.
Tell me about spending too much time in front of the screen. We are totally addicted. That’s why we need nice and peaceful sleep not to get brainwashed.
I’m actually glad Brexit happened. My friend lives in London and kept telling me about his concerns. You have a good reasons as well for Brexit.

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rothberg (58) 6 years ago

I can’t wait when we finally get this new bull market in crypto. I witnessed the last one, but I wasn’t invested at all. Now I’m part of it and it’s even more exciting. Great recommendations when it comes to different kind of experts. I will definately check at least one of them. Actually I think I’ve already read heard of Andreas Anagnostopoulos. Matthew Walker is completely right about 7-8 hours of sleep each day. Our brain needs the rest, take it as a reward for hard work. I definitely believe now is a great time to buy crypto. I will be extremely happy if bitcoin gets to six digits. It might as well, the main reason could be dollar and overall curency complete crash. Just like in Venezuela.
Great video as always!

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hashcash (63) 6 years ago

After your suggestion to check out Joe Rogan in the after I went to see a video of his on bitcoin. Quite the the guy and he can keep his audience involved. I think I an going to be checking out more of his videos.

Once again it's good see more of your posts popping up in my feed. As for the Bitcoin predictions, I understand one basic thing - it's going to go up and I am in for the long term ride.

To tell you the truth I actually bought 27 different coins. I was introduced to cryptos in October of 2017. I went dark after that - no work, no going outside, I sat down and read and kept on reading. In November and December I went even crazier. Bought coins like crazy.

When 2018 started I had more than 20 coins in my portfolio. The problem was that I was new and as I was getting to know coins one by one, I kept buying them if I liked them. At this point all my savings are in the market because I believe in this idea and intend to HODL my coins for a while. If I am going to see a price rise then I am going to consolidate my holding to about 7-10 coins.

Lately I have been checking out Bullion for balance

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deepti2378 (42) 6 years ago

Wow @louisthomas you are finally back and that too with a boom. I feel so energetic with your posts, I see a lot of questions. We all have invested a lot of our time in crypto and you actually are giving us the right knowledge, from where to store crypto to when and where to invest.
You are doing a great job, keep up the good work sir

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roselover (57) 6 years ago

I hope to have a bullish market to achieve very distinct profits
High level study and university level
BitcoinTilikum voted for me because he will make a distinct profit and I trust him a lot
We are now in an economic revolution that we must be ready at every moment
Featured article and featured questions
You are a really successful person and I trust you very much

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mafzaal92 (50) 6 years ago

I thought you where getting tired of crypto since you took so long in posting another video! But thats amazing! Your own crypto crash course! Are you planning on competing with Joe Parys? lol I'm sure that if your course if successful you will find the incentives to create more :-D! Good luck on your new endevours online. I Agree sometimes staring a computer screen can get tiring, especially if its just watching clips over and over trying to edit them properly. Good post thanks for sharing.

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milend (48) 6 years ago (edited)

btc and steem will be fine, the next 10 years will both have wings and fly high in the sky.
steem going to the moon

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gaintshoulder (50) 6 years ago

I really relying on a increase in price of bitcoin, maybe it will drive both steem and sbd. I really need to pay some bills and i need to add the sbd sale to it. So maybe if it rises well and will be able to settle it before end of the month

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