Bitcoin = $1 Million by 2020 - page 24.

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legendary

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Quote from: Bit4UTeam on December 04, 2017, 04:42:17 AM

John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020.

he is known for making very high forecasts and making very risky promises

Quote from: Bit4UTeam on December 04, 2017, 04:42:17 AM

He wrote in Twitter: "When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong."

Here again he makes very high predictions and makes very risky promises, but he talks about some method he uses, it would be very interesting if he shared this method, maybe if people could see such a method they would not have overestimated the predictions he made.

Quote from: Bit4UTeam on December 04, 2017, 04:42:17 AM

Can yo believe this?

I did not see the method he used, so I do not believe it's possible to reach such a price

Quote from: Bit4UTeam on December 04, 2017, 04:42:17 AM

What are your own predictions?

we can probably reach $50,000

shacc

member

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what i am sure for it, is that bitcoin will still increase his price more and more , even others cryptocurrencies

tikaka

full member

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I think this is a bit exaggerated. Its value will increase but it will not reach that value. By 2020 I think it will be legal to the whole world and its value will be more stable.

cybersofts

copper member

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John McAfee is the number one guy for creating massive speculation about bitcoin.
And i think that is a good thing i guess because such speculation helps in boosting the bitcoin price.
The problem with speculation and FUDs sometimes they can be good and sometimes they can be bad too.

rahmanrock

full member

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well actually its really hard to predict the BTC price of 2020 right now.But i personally dont think that BTC won't claim up in that much hight in the short preiod of time 🙂 But you never know what will happen next in the world of crypto 😉

setifien19

full member

Activity: 472

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Unbelievable Shocked

1M is super-over normal growth , if his last prediction was x2 ( by the end of 2017) then nothing can confirm that it will be the same proportion growth for 2020.
I think he will eat his dick next time Tongue

Olalomi

member

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This speculation by McAfee is just an exaggeration it is very obvious that $1M mark cannot be attained in 2020 although the price might be very high maybe $50,000.

mbakruroh

sr. member

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enterapp.io PRE-SALE IS LIVE

I do not know the actual predictions for bitcoin prices in the future, but if bitcoin prices can reach $ 1 Million by 2020 I think it would be very good and put bitcoin to its strongest position in cryptocurrency.

tambok

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Quote from: kalodu on December 04, 2017, 12:04:27 PM

Quote from: dreamer81 on December 04, 2017, 12:02:55 PM

And this other director from some bank said it would crash, so can we just agree that it will be somewhere in between those two predictions? (500.000) pr bitcoin by 2020.... that sounds fair enough, but we are still in the beginning of this revolution. 1 billion per coin is within reach!

1 billion is just ridiculous, that would make bitcoin more valuable than all the assets in the world.

It is not possible, as the demand is continuing to increase so it is not impossible that the bitcoin price will be a million dollar worth after a decade, so invest your bitcoin while you still have it, while you can still afford to have it and can still save it. Be positive always as the experts are always saying that it is possible.

Chris314

sr. member

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1 million dollar per bitoin in 2020 means it has to increase by 1000% every year. Already done for 2017, but it has to go up with same speed the two next years to reach 100k$ by end 2018 and 1M$ in 2020. Not sustainable in my opinion, the need for bitcoin won't increase that much in the next two years.

kalodu

member

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Quote from: dreamer81 on December 04, 2017, 12:02:55 PM

And this other director from some bank said it would crash, so can we just agree that it will be somewhere in between those two predictions? (500.000) pr bitcoin by 2020.... that sounds fair enough, but we are still in the beginning of this revolution. 1 billion per coin is within reach!

1 billion is just ridiculous, that would make bitcoin more valuable than all the assets in the world.

dreamer81

sr. member

Activity: 616

Merit: 252

And this other director from some bank said it would crash, so can we just agree that it will be somewhere in between those two predictions? (500.000) pr bitcoin by 2020.... that sounds fair enough, but we are still in the beginning of this revolution. 1 billion per coin is within reach!

MrCrank

sr. member

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Quote from: seasonw on December 04, 2017, 05:23:39 AM

I don't know if John has any statistic or formula to support his prediction Roll Eyes

I'm not saying that bitcoin wouldn't reach that price, but it seems like he is too aggressive in bitcoin price...

Really good news for me

I hope he is right..
Let's wait and will be reach soon Wink

to the moon!
Need hold bitcoins now

yamortsac

full member

Activity: 154

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I know all investors here will like that your predictions of $1 million bitcoin price by 2020, but I don't think it will happen in that short period of time. Bitcoin still has a lot more challenges to conquer before it can reach it that price.

novhitadaloma

sr. member

Activity: 308

Merit: 250

Bitcoin is improving in the end, and I will not be patient with what will happen in 2020.

HagueCrypto

newbie

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1 million

Impossible man.

I will be happy if Bitcoin hits $100.000 by 2020.

reck1ess

member

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Merit: 30

Bitcoin is still unpredictable. No one really knows what will happen on the future. But what he say might get true since it encourages people to invest in bitcoin thinking it might hit 1million and since bitcoin value depends on the demand, it is possible. What McAfee did was advertising bitcoin so that it's price will rise.

mondobitcoin

full member

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I don't think that is possible, yes the price is growing fast, but not so fast
I think that the price can increase 10.000$ in 1 year, so in the 2020 the price can reach 30.000$ , but maybe I'm wrong

Maheshkumar_Hrangkhawl

sr. member

Activity: 600

Merit: 256

Market cap of $20 trillion by 2020? Do you think that the Wall Street will allow that to happen? You need to remember that Bitcoin is a decentralized asset which can never be controlled by the government. Sooner or later, we are going to face stiff opposition from the authorities.

hheight

full member

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Merit: 102

Quote from: Bit4UTeam on December 04, 2017, 04:42:17 AM

John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020.
He wrote in Twitter: "When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong."

Can yo believe this? What are your own predictions?

This guy doesn't know what he's talking about. Just look at him at google - he likes to PR on everything. $1 Million is waaaay too high price for Bitcoin.

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