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Topic: John McAfee: Bitcoin will go above 500k $ in 3 years (Read 24234 times)

full member
Activity: 714
Merit: 103
This prediction is like what many people say and there's no need for John McAfee to say that, you can say that too, and this prediction won't happen if no one buys bitcoin again, so all possible cryptocurrency prices can happen and nobody know the price will go up or down.
they make predictions without looking at the current situation, now many ico scams and exchanges are hacked. this makes bitcoin prices difficult to rise, and in my opinion it is not possible to reach $ 500k by 2020.
sr. member
Activity: 2618
Merit: 439
This prediction is like what many people say and there's no need for John McAfee to say that, you can say that too, and this prediction won't happen if no one buys bitcoin again, so all possible cryptocurrency prices can happen and nobody know the price will go up or down.
Well, you need to understand where John Mcafee is coming from, he wanted to be a influencer and I think he successfully did that in 2017-2018. Other's may call him nuts, but this guys is brilliant as hell as he ride the popularity of crypto in 2017 earning him a lot of money by just a simple tweet. So we really don't know what will be the price it could go above $500K or be $50.
hero member
Activity: 2408
Merit: 550
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This prediction is like what many people say and there's no need for John McAfee to say that, you can say that too, and this prediction won't happen if no one buys bitcoin again, so all possible cryptocurrency prices can happen and nobody know the price will go up or down.
full member
Activity: 1344
Merit: 102
oh I remember this John McAfee tweets, it's impossible to reach $500k in year 2020, he will eat his own dick for sure lol..
full member
Activity: 1638
Merit: 122
Maybe this time McAfee might be right and we didn't really know what the future hold for us.  I think we just need to wait for the next 3 years to come.  I think something is moving this man to make those speculations.

Lets hope .  how i wish he will also help to buy more btc in huge load in order for his own prediction to come true . i agree that bitcoin can rise in the next 3 year but 500k usd seem to be impossible for me   .  

I will only believe If the value is on 100k of higher but in reality ,  btc is only on the 3k usd level  .  however if all of us can make a unity and all will buy and hodl  , i guess the value can continue to grow every day  and that will be easier to achieve the 500k mark .
sr. member
Activity: 924
Merit: 260
Maybe this time McAfee might be right and we didn't really know what the future hold for us.  I think we just need to wait for the next 3 years to come.  I think something is moving this man to make those speculations.
legendary
Activity: 2940
Merit: 7892
Technically, it will still be a legit price quote any way you look at it, but how relevant will it be without real volume? Maybe, this is what McAfee had in mind when he promised to eat his dick, i.e. he will simply sell someone a couple satoshi for a few bucks and thus will come unscathed

Ahh - a condition where he can worm his way out of it. Brilliant! Let's hope nobody takes him up on his offer!  Cheesy
legendary
Activity: 3430
Merit: 1280
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500K USD is going to be an EPIC! I'm keeping my coins on my wallet incase this will start going up to just 100K, i'd be very much grateful to who ever pump it. It might just be worth keeping BTC than investing to some ERC token which we thought would be  huge like ETH.

This is impossible theoretically. Can you imagine market cap of all them when 500K USD turned real. This can't occur. Maybe it can be 50K USD in 20 years, but not 500K USD

Well, it all depends

And market cap as such is markedly irrelevant here as it is a purely abstract concept or thing which doesn't involve real money (read, it can be insanely high with no implications), so you can safely forget about it. But price itself, taken on its own, without volume is pretty meaningless too. For example, you can sell 1 satoshi for 1 dollar, and that would give you a price tag of 100M dollars per bitcoin. Technically, it will still be a legit price quote any way you look at it, but how relevant will it be without real volume? Maybe, this is what McAfee had in mind when he promised to eat his dick, i.e. he will simply sell someone a couple satoshi for a few bucks and thus will come unscathed
legendary
Activity: 2940
Merit: 7892
Clock is ticking for 'old Johnboy. probably shouldn't have doubled-down on that bet!  Cheesy
member
Activity: 88
Merit: 10
500K USD is going to be an EPIC! I'm keeping my coins on my wallet incase this will start going up to just 100K, i'd be very much grateful to who ever pump it. It might just be worth keeping BTC than investing to some ERC token which we thought would be  huge like ETH.

This is impossible theoretically. Can you imagine market cap of all them when 500K USD turned real. This can't occur. Maybe it can be 50K USD in 20 years, but not 500K USD.
member
Activity: 112
Merit: 100
https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html

Quote
Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price
It's important to note what the bold part means: it means nothing!
I know. I just posted that for fun. Everyone make predictions everyday, that's true.
hero member
Activity: 2954
Merit: 725
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https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html

Quote
Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price

Are these people who are speculating about the price of bitcoin has something to do with bitcoin? I'm sure of that they are really supporting bitcoin and they want to see the price of it pumping for their own purpose too. McAfee's prediction is unrealistic $500k for 3 years but he's a tech man and though I doubt it, it's a good numbers for showing his support to bitcoin. This $100k within 10 years seems realistic.
I think that just represent their thoughts and hopes, their belief in Bitcoin. It's a way they "project" their will into the reality.

Yes it is their speculations and there is nothing wrong with it but it's really unrealistic for the short range of time. I have a feeling that bitcoin will possibly go up and will be able to reach that $500k mark very soon but it is not going to happen for the next years in my opinion. I'm into good speculations but if this is a way or mean to attract more investors then who will know and let us see and witnessed this great event.
hero member
Activity: 1190
Merit: 504
500K USD is going to be an EPIC! I'm keeping my coins on my wallet incase this will start going up to just 100K, i'd be very much grateful to who ever pump it. It might just be worth keeping BTC than investing to some ERC token which we thought would be  huge like ETH.

That's a very short amount of time to see bitcoin go up at $500,000. I'm not telling that it is impossible to happen but why that's a very short time because I was thinking that for 3 years bitcoins price can be stable somewhere at $10,000 - $50,000. Yes that will be stable at that rate but saying that it will go $500,000 maybe it happen too but just for a while then it will go down again.
hero member
Activity: 714
Merit: 500
SkyFall
500K USD is going to be an EPIC! I'm keeping my coins on my wallet incase this will start going up to just 100K, i'd be very much grateful to who ever pump it. It might just be worth keeping BTC than investing to some ERC token which we thought would be  huge like ETH.

It is and it will, although I don't see it happening the next few years. But it's good that top icons in this industry seem to understand and support the innovation bitcoin is bringing.
In the end we need more ppl like him stepping up.
hero member
Activity: 700
Merit: 500
500K USD is going to be an EPIC! I'm keeping my coins on my wallet incase this will start going up to just 100K, i'd be very much grateful to who ever pump it. It might just be worth keeping BTC than investing to some ERC token which we thought would be  huge like ETH.
sr. member
Activity: 910
Merit: 254
https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html

Quote
Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price
It's important to note what the bold part means: it means nothing! They're trying to add credibility based on something completely irrelevant. Hundreds of analysts all make seemingly random predictions, and because of the large number of predictions, many of them must be true.
That doesn't necessarily mean the analyst is right again in his next prediction. It could have been luck. Given the number of predictions made, it's even likely that several "analysts" are right several times in a row.
Exactly, everyone is predicting something everyday. Bitcoin being speculative asset, these prediction are way too common. All those so called experts are changing their predictions everyday with the fluctuation of market. Growth is indeed there. But predicting any definitive price would be a lie.
legendary
Activity: 3290
Merit: 16489
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https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html

Quote
Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price
It's important to note what the bold part means: it means nothing! They're trying to add credibility based on something completely irrelevant. Hundreds of analists all make seemingly random predictions, and because of the large number of predictions, many of them must be true.
That doesn't necessarily mean the analist is right again in his next prediction. It could have been luck. Given the number of predictions made, it's even likely that several "analists" are right several times in a row.
full member
Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
Any condition can happen in market, even in market speculation. However, atleast there are indications that lead there. I think 3 years is not long time, while bitcoin circulation hasn't spreading well and hasn't yet been done mined.
sr. member
Activity: 392
Merit: 292
Well well, let's just wait and see what happens in the next 3 years.
He bets about it, right?
It's true for a long term the price will go up and maybe much higher.
But, what do we know?
3 years will be about the halvening time again.
I know this might not be accurate but it is most likely be the closest thing to happen after 3 years. What I mean is that the altcoins will start to make their entrances and make their way even more near to Bitcoin's current value. It is also good to support these different ICOs that are currently having massive numbers this days, although some of them are just fake demands or something still it helps the prices of of the altcoins to go up.
full member
Activity: 504
Merit: 105
ha ha so someone who maybe has 100 k  bitcoin  will become one of most richest in the world just having 100 k bitcoin haha dont know maybe it will come to truth.
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