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