Topic: Bitcoin = $1 Million by 2020 - page 3. (Read 5711 times)
It may not be 1 M in 2020 but I think we will see 700k-800k price at least that time.
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?
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?
I would completely rule out that possibility, because when that man forecast such a price everyone was elated by the tremendous upward momentum that bitcoin had at the end of November, which made it easy to foresee (in case of continuing the trend in a uniform way), that by mid-2018 the price would reach $100,000, in 2019 $500,000 and in 2020 one million. But no one imagined the great correction that would occur and that has kept the price of bitcoin stagnant around $10,000, where it will remain for a long time and has ended up ruining the optimistic forecast of McAfee.
I think $1 Million that's too much. I think range from $100k to $200k before the end of 2020.
I am not the best with predictions but i think 1 million is a bit to much
For me follow the price trend now. There is a good chance that bitcoin can touch $ 1,000,000. But this all depends on future demand and utility if traders and vendors can accept it. Will the bitcoin not fall before that. I also doubt that bitcoin will crash before touching that number. Wishing coinmarketcap at $ 1,000,000 it would be a point out for many traders who let prices in an accident. Nowadays many people predict the future price is quite difficult because the market does not make sense with the results of movement in trading. 
He can pretty much spew out ANY coin, regardless of how good it is, and be pretty much 100% sure to double his investment in that coin by pumping and dumping. So can any of us as well by riding the wave.
Sorry guys, but it is impossible 
In a presentation made available to Business Insider, Jeremy Liew and Peter Smith made their assumptions about what the future of Bitcoin will look like. One of them is the belief that this will be worth $ 500,000 in 2030.
but this is not a $ 1 million quota.
but this is not a $ 1 million quota.
I don't find any sense in this to worry about what will be in such long time period. First the price of million dollars or any other currency is way too exaggerated and I don't think it will be ever reached.
Second, it's much better to focus on current period and to make plans with Bitcoin in near future. And what will happen in a year or two no one can't know anyway.
Second, it's much better to focus on current period and to make plans with Bitcoin in near future. And what will happen in a year or two no one can't know anyway.
This is very hard to predict an less you have an god
eye or something, but still it would be awesome for
bitcoin holder to cash in allot of profit if bitcoin reaches $1mil.
eye or something, but still it would be awesome for
bitcoin holder to cash in allot of profit if bitcoin reaches $1mil.
I do not think that bitcoin in 2020 will cost half a million or a million dollars. Maybe in the theory of John McAfee and everything turns out smoothly, but in practice it does not work out in any way. It must not be forgotten that governments of different countries have always been hostile to the significant growth of bitcoin in price. They take various measures, including prohibition of bitcoins and other crypto currencies, explaining their actions by the fact that bitcoin is too risky for investments and they do it to protect their citizens from possible material losses. When bitcoin reached $ 20,000, a number of states began to prohibit bitcoin, and what would happen if it reached even one hundred thousand dollars?
On those graphs, how capitalization grows! And how the worth of bitcoin surprised us in the last years! I think that the price is calm can reach 1 million dollars! In any case, which would not be a correction, the cost gradually grows upward! So we are waiting for new records this year!
Making these outrageous claims is just him getting attention. But I kind of enjoy it as it is good attention for our crypto community.
It will see alot of ups and downs and alot of buyerrs and sellers till we get there
It makes no sense $1 Million for Bitcoin, for a simple reason: try to multiply $1 Million X $21 Million of existing Bitcoins and you get such an absurd quantity of money that it barely exists in the world.
I would be very happy if for 2 years bitcoin would have reached such a price, but it is not real...
I do not know what principles this calculation was based on, but it is unlikely that bitcoin will reach such a high price in such a short time. Yes, we would all like it, but do not forget about reality...
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?
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?
We cannot believe on predictions because the market is volatile and there is no accurate speculations, trading is just like gambling with less risk and if you are really good in trading where you invest and sell your coins at the right time then there is no doubt that you will be very successful in the future.
I think 1 million is very much! I am optimistic and I think the price will increase but 1 million is too optimistic.
I love and hate mr Mcafee. He has done a great deal to bring the masses into crypto but it does seem the type of people he brings into the market are all speculation driven. The problem is we need prominent voices to increase mainstream voices so I don't want to critique him too much considering the amount of people he has brought into the space. As for 1million by 2020. Who knows! Its possible but I wouldn't bet my house on it but I also wouldn't risk having no bitcoin in my portfolio
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