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Topic: Do you believe John McAfee is right about Bitcoin hitting $500,000 in 3 years? - page 11. (Read 1120 times)

hero member
Activity: 1834
Merit: 523
I don't think the price of the bitcoin will increase at $500k because even you wait few years it will not happen.  Brcause the possible price of the bitcoin and this is the highest and the percent to happen is very low which is $100k. Or maybe bitcoin will die in the next few years.
full member
Activity: 252
Merit: 100
So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink

500k sounds like a very low probability. But you know, impossible to say how high the bubble will go at it's highest in a couple of years. Not impossible, but don't count on it. 100k will be fun enough  Grin
hero member
Activity: 966
Merit: 550
500,000$ is high, really high... As showbiz111 stated, hitting 500k mark would mean 8 trillion dollars of market cap. You don't understand how big 8 trillion dollars is. For comparison: in 2017, GWP (Gross World Product) was 80 trillion dollars and it's rising aound 1 trillion each year. What McAfee suggesting is that BTC alone will make up %10 of worlds economy. What will happen to altcoins? What he's saying is lunacy.
jr. member
Activity: 150
Merit: 3
Bitcoin price might stop rising that much due to all altcoins and tokens sprouting out everywhere.

But McAfee is a paranoied mad mad...he's probably right.
sr. member
Activity: 882
Merit: 260
So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink
Im believe,  nothing imposiple in cryptoword,  mc afee is the best promotor in cryptocurrency,  He must have a reason to say bitcoin for $ 500k in 3 years,
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
Do you believe John McAfee? I believe that everything is possible in cryptocurrencies. Following the trend of growth that is the value that should reach. But rules and regulations could come to stop the race

Rules and regulations can also work in favor of the crypto market in general and bitcoin to be specific, as investor's confidence will grow and big investors will jump in crypto market once it gets fully legal and compliant globallly.
full member
Activity: 308
Merit: 100
Do you believe John McAfee? I believe that everything is possible in cryptocurrencies. Following the trend of growth that is the value that should reach. But rules and regulations could come to stop the race
member
Activity: 266
Merit: 10
I don't think it's possible. Just think about it, if Bitcoin would hit 500.000$, how much room do you think it will have to grow then ?
I mean, who would buy bitcoin for 500.000$? Smiley
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink
I don't think so and why? The majority of experts are knowing about John as only a speculators. Said so many people are never thinking about that. Loot at the chart and then you will be seeing about the fact bitcoin worth only 10,5k at the moment. In 3 years the total supply of bitcoin will not have reached. that means if that was a crap statement from john mcafee to make FOMO.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
I personally think that $100K can be achieved in next couple years, but $500K looks too hard to achieve as yet but it is highly volatile crypto market, you never know what happens.
newbie
Activity: 45
Merit: 0
So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink
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