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?
That dude should sniff less bath salts!
No I don't think $1mio is possible within the next 2-3 years.
Even $50k-$100k in that time would already be a very big achievement.
And before speculating about 7 figures I think we should really just reach the 6 figures. There will be times where won't move up, meaning phases like year 2014 or 2015 with just some slow downwards movement and consolidation. Therefore those $1million per Bitcoin will take many more years.