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Topic: Will Bitcoin rise to $500k in three years? - page 7. (Read 6045 times)

full member
Activity: 546
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November 06, 2017, 07:49:52 AM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
That's too much in my opinion and also absurd to think that Bitcoin will be able to reach that huge amount of value in just a short period of time. Maybe that conclusion was drawn because the rate of increase on its market value is high at this moment but we still don't know until.when will it continue. So i yhink it won't be possible in just a short period of time.
full member
Activity: 280
Merit: 100
November 06, 2017, 07:44:48 AM
Looks impossible if in 3 years bitcoin shot up to $500K. Because this will have a negative impact to fiat globally. Perhaps, the world's central banks will take action.
hero member
Activity: 1008
Merit: 531
November 05, 2017, 01:37:23 AM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

despite what he said and how cool he is with bitcoin i really don't see how bitcoin is able to get $492k gains in 3 years. Right now people are looking at $1k gains like it is something major still and each time that happens, there is a correction.

To get to $500k is just absurd to say at the moment.

Eventually, it will happen with the depreciation of fiat naturally. But just not now.
hero member
Activity: 2240
Merit: 848
November 05, 2017, 12:59:30 AM
I think it is certainly possible for Bitcoin to reach $500k, though not in three years. If it happens it'll be more like in 10 years.

Three years it should be somewhere between $50k-$100k, probably closer to $100k.
newbie
Activity: 56
Merit: 0
November 04, 2017, 08:13:06 PM
Who knows? Hm i don't think so, i checked bitcoin value and as i spected it  increased, so maybe yes, maybe no.
newbie
Activity: 17
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November 04, 2017, 03:14:09 PM
Yeah there are various possibility of bitcoin right now but i donot want to be that optimistic but surely it will be arround 20000usd mark by that time.
But to gain all the profits you have to hold your bitycoins ,there will be market dips we need to control our nerves at that time.
newbie
Activity: 39
Merit: 0
November 04, 2017, 01:50:52 PM
Bitcoin @ 15k around 2020 is very much possible. But do anyone think there will be a huge correction before that.
newbie
Activity: 22
Merit: 0
November 04, 2017, 01:01:19 PM
Don't really know that Bitcoin can reach to 500k$ or not but I hope so Smiley)). But I think this amount is too big and maybe it'll take much longer to reach to that amount. In my opinion in 2020 Bitcoin only can reach to 15 - 20k$.
member
Activity: 546
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November 04, 2017, 12:07:02 PM
$500K, for 3 years, for me i think that impossible, but i hope that happen
if $500K so many people will reach
sr. member
Activity: 840
Merit: 254
November 04, 2017, 12:02:58 PM
Imo this was just a media stunt to gain attention. You can't seriously expect Bitcoin to reach 500k in three years Roll Eyes
I think this is the right answer if a person gave a prediction like bitcoin is going to reach 15k in 2020 then no one is going to freak out since that seems like a very possible scenario but if you want to generate clicks and discussion you need to give ridiculous high or low numbers.
hero member
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November 04, 2017, 06:41:11 AM
i am not sure that the price will rise to $500k in three years although it is possible to increase especially if there is more adoption in many places. but one thing that I am sure with bitcoin that the price can increase more than the price now although we don't know until how much the price will increase. with many people now is trying to use bitcoin it will affect the price to increase more because supply and demand will change and the price will increase.
legendary
Activity: 1386
Merit: 1058
November 04, 2017, 06:28:14 AM
I think if you want to reach $ 500,000 then Bitcoin will need a bigger financial market and upcoming stock markets will list BTC and see Bitcoin as commodity and possibly future currency. Bitcoin can reach $ 1,000,000 = 1 BTC is absolutely possible
Yes, the truth is anything is possible. It is funny how some developments or some decisions by key players can really skyrocket the value of bitcoin just like the instance that you have mentioned and the fact remains that we cannot all really know what the value of bitcoin ends up becoming.

But one thing for sure is that there is so much development in upcoming years that would bring some pretty big growth in the value of bitcoin.
hero member
Activity: 1400
Merit: 536
November 04, 2017, 05:35:08 AM
There is no difference between having 500k dollars for me and 1000 dollars for me. I follow Bitcoin for technology. I use it as a payment method. I also do not feel a feeling if the price is high-low.
hero member
Activity: 1498
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November 04, 2017, 05:13:37 AM
$500,000 per 1 Bitcoin. Are you kidding me?  Cheesy... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000.
Hahahaha you are absolutely right in this regard. You must know better what is good for you when you are coming in trading. And if you are good observant then surely you must have idea that this can’t happen. Yes, hope for the best but you must be a little realistic. Bitcoin are amazing in all regards but they can’t just shoot up to such big amount in three years, no.
legendary
Activity: 1137
Merit: 1000
November 04, 2017, 04:45:36 AM
this year BTC bitcoin has gone up in the price of 6700 dollars and will continue to rise, but the problem supply for BTC bitcoin is limited so better we can only monitor what will happen once supply bitcoin runs out
As by seeing the progress rate it will go beyond 500k in coming three years as now some of region has accepted bitcoin but as time will pass more and more regions will accept it and this will increase the demand and more to it bitcoin will be able to expand its progress and popularity and that thing will also give boost to the price and I am seeing bitcoin as the global currency of the world and yeah it will be.
full member
Activity: 658
Merit: 112
November 04, 2017, 12:08:15 AM
500.000 for 1 BTC? It is impossible..  If BTC will rise $500k in 3 years i willl be so rich Smiley So i wish and pray for it..
legendary
Activity: 1652
Merit: 1057
November 03, 2017, 10:37:12 PM
$500,000 per 1 Bitcoin. Are you kidding me?  Cheesy... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000.
There are just some predictions that even in normal ear are some kind of predictions that does not sound feasible. $500,000 is a very huge leap in just three years and I do not know the amount of development or uproar in adoption that could cause that huge value in a short time. All the above, we still cannot know yet since we have seen so many surprises in just this year alone, so anything can really happen.
sr. member
Activity: 479
Merit: 250
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November 03, 2017, 04:36:55 PM
I think it's just for fun. It will continue rising, I'm sure that. But $500,000 is not a real number.
newbie
Activity: 13
Merit: 0
November 03, 2017, 04:25:06 PM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

I want this to happen but predictions are always be predictions. It may happen and it may not happen, if McAfee said that maybe there are some surprises that he'll do just to make this happen.

And this is a very tuning in prediction because he's condition is very crazy - check out this reply from https://twitter.com/officialmcafee/status/887024683379544065?lang=en

I hope it happens and I'll definitely going to sell maybe some of my bitcoin by that time and will live happily ever after.
Me too i also want bitcoin to reach that high so that i can sell some and make some real profit out of it.
I bought it very high 7000usd ,Donot know how long i have to wait to gain profit.
But i am very possitive about the 2x fork
hero member
Activity: 630
Merit: 500
November 03, 2017, 04:06:28 PM
Apparently no one can says regarding with the fluctuation of bitcoin in the market, but $500K in three years?. I think it was a big and exaggerated speculation, because how it happen? Even how bitcoin value rapid to raising up I think it is too much. Maybe $100K it is impossible to reach on that short period of time.
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