Bitcoin Forum

well is this true?,or just another nonsense?

source : https://www.facebook.com/CryptoMinerUK/videos/398644187551622

Please predict the value of bitcoin in the future. That's your right. But I also have my own assumptions. The value you conveyed I felt was too low and dropped.

McAfee looks awfully, too much cocaine I think.
1 million USD for 1 BTC in relatively short time period is impossible, the massive adoption needs atleast 10 another years.

McAfee, do you believe it?
$1 Mill for 1BTC, don't dream too high. Still takes a long time for BTC to reach it.

John McAfee has been known for his good and bad market he has caused the crypto-community years backed but seeing this coming from him might be a welcome development for the general community. Unbelievable for bitcoin to hit the  sum of $1,000,000 before or at the end of December 31, 2020. My wish is for this to be real because i will become a millionaire by the end of 2020.

I don’t think so, he already said this before and nothing happens good in the market. Well, bitcoin is good but prediction like this is too much. Maybe he’s quiet confused about 10,000 to 1,000,000. The hype is going to be a big thing this year, watch out for this one.  ;D

 congrats for you if this happen :D

 that why im asking here :D

There's another person that predicted bitcoin to hit $1,000,000 except John McAfee.

It is the IBM Blockchain head: IBM Blockchain Head: Bitcoin (BTC) Could See $5,000 By 2019’s End, But $1M Eventually (https://ethereumworldnews.com/ibm-blockchain-bitcoin-5000-2019-end-1m-eventually/)

Halving will happen next year but it ain't enough for bitcoin to reach $1M by that time. We're still far from reaching $1M even by just considering the situation today.

Yes. This is stone cold fact. You can go to your bank and tell them John personally guarantees this figure so you'll be able to get the biggest loan humanly possible. Spend and keeping spending. Once the loan is exhausted get another, and another and another.

Because John says so.

One of the unique things about crypto is that things are true 2-3 years before they happen. I can't think of many other areas where this is the case.

Would you buy BTC at $30,000? Would you buy it at $100,000? And would you at $1,000,000?
Answer honestly and it becomes pretty clear that this is deep into nonsense territory.
All of us will dump immediately if we even start getting close to that number. But there's never going to be buyers that high anyway.

Of course there will be. Put arbitrary numbers like '1 bitcoin' out of your mind. If 1 BTC cost $50 trillion, if buying a fraction of it protected you from inflation then it still makes perfect sense to do it. There's a whole world out there yet to engage with it.

This particular prediction is of course bilge, but increase your scope or be left in the dust.

i dont think bank interested with that, they like something real like money.

but some financial experts say , get out of the debt :D.

hi every one ,

I am Sundar from India and am new to this forum. . To pre empt and say that the price will or will not hit  one million  might be difficult to answer right away , however the structure of the price patterns combined with some other statistical tools can help us arrive at the targets and prices.For the next leg of the rise , this structure needs to be formed. I have written a book explaining the structure of the past price moves in BitCoins Prices and the ways you could have arrived at the 19000+ target . Hope this helps

http://decodebitcoinsprices.com/

https://www.kobo.com/us/en/ebook/decoding-bitcoins-price-moves

Predictions can be true and false, but it all depends on how everyone's beliefs respond,
Everyone hopes that for the price of Bitcoin to come,
Anyone can see more clearly about the upcoming Bitcoin altiker in 2020.
Source: https://www.chepicap.com/en/news/6719/9-bitcoin-price-predictions-for-2020-by-crypto-experts.html

But this as information can not be 100% can believe of course there are positive and negative, depending on how we respond to.

 well if you say that, what if someone asks the same question in early 2016.
price bitcoin at that time is about 600$ and if someone asking :

"would you but BTC at 3000$?" or at 10000$ or 19000$ ?

It's interesting to read many of predictions from the expert (I guess). We will see another prediction comes out in this year as the market still moves. With so many predictions, I think it could make confuse but every predictions could be happen in the future as bitcoin can increase and decrease in any price.

But one thing that we should know, the predictions can be true or false and it doesn't make sense if you just believe without doing your analysis because you buy and sell bitcoin now and save more bitcoin for tomorrow.

It's one thing to say that the price could reach $1 million at some point in the future since anything can hapen in the long run, but it's another different thing to try to predict the exact date (and even go as far as to actually say it'll happen in 2020) when BTC will reach $1M, that's just straight up nonsense since no one can accurately predict Bitcoin prices, that's why no takes what McAfee says seriously.

I just John McAfee has not been sleeping too much lately. It's possible in one of his dreams, he met an angel of fortune who did some future predictions for him about bitcoin. I think the Anti-virus man is just kidding this time. I also hope his statement doesn't make some fanatics sell their properties and bull bitcoin like we saw in 2017.

It is achievable, bitcoin has a lot of potential to hit million before the end of 2020

I hope that it will happen and true that bitcoin reaches that price, but I do not fully believe the problem is that there is a lot of news that is not true about prices, what else can the price not predict .

I think the prediction is very excessive. $1Million in the end of 2020 is a joke. If that will happen, everyone will buying  Bitcoin  from now on.

Don't just believe what you see on the internet because of these people is a scam too. They just keep saying shit like they know what could be the future without giving the essence of other factors that could affect the Bitcoin price. I think JP Morgan and John McAfee are both delusional.

They don't seem on drugs but they act like they are, I think this is the result of too much stress of making money. smh

Its just another speculative approach by John McAfee like previous ones but this time he exaggerated his statement by increasing the prices too high in such a shorter period. Mass adoption of crypto will push the prices higher but its still time for that.Don't get involved in this nonsense whichever you listen or see on internet. BTC will grow but not upto 1million by 2020 end.Stay positive and HODL.

FUD. this could not happen imagine that market price for now could hardly move so how could it reach to 1M? Anyway, money has become lesser and lesser value over time so we could expect that it would be possible to reach tha market price for bitcoin but not now and it would be probably in the future. 1M would be just like 100k USD in the near future.

the price of bticoin is depend on the user, demand, and the popularity, if bitcoin can't reach that things, i think bitcoin can't be reach the million dollars, but if the things can be reach, i think bitcoin value will increase every year, or maybe every month.

You spent 588 days in this forum and you still don't know what speculations are? ??? Bitcoin is powered by speculations and no one really knows what will happen in the future if its price will skyrocket as high as one million dollars or not. Definitely, you know if it's true or not by this time and anyone can speculate about what price does Bitcoin reach in a specific period of time. Even if all of the presidents in the world told that Bitcoin will reach one million dollars it still does not give any assurance that it will come to true. :)

someone can judge based on estimates for the coming year, I often speak in forums, that no one can predict true, how the value of bitcoin will be in the future, but all hope that bitcoin becomes a profitable investment tool and useful for alternative technologies that adopt blockchain technology

Cannot predict anything because it's decentralized, if we wanna see that happen, there must be something that make every people in this world using bitcoin such as if we want to connect to the internet, we have to own bitcoin. In that case maybe bitcoin price would be go that far

Oh another news where somebody obviously stupid claims to predict the price of BTC accurately at some given point in the future.
I guess it's high time now and people should stop predicting the prices now. The price depends on the market and cannot be predicted by anyone.

Technically that would mean a lot of available liquid cash to enter the crypto market. Its way longshot as per the claim of the OP because the average market cap of crypto in terms of other market is still pretty low and a huge movement from other sources to crypto would attract a lot of attention not to mention a lot of economic instability. Moreover how would that be possible that such humongous amount of stocks, gold or metals are sold to just buy bitcoin?

Its the type denial phenomena people have after seeing a bull to bear change in market and they have vivid dreams of bullruns again. Surely prices will rise but not to this extent.

There are lots of speculations, sources but none of this makes sense. We can not predict bitcoin price due to the volatility of market. Just go with the flow buy on dip sell on bull. Don't believe on everything you see or read about these predictions coz none of this is accurate.

$1 million in about 1 year is not going to even be possible and anybody who says otherwise with confidence has no idea what they are talking about so they are either trolling for attention (in case of McAfee) or they are newbies who think they have understood bitcoin market.

we will surely see another boom pretty soon, most probably a new ATH in 2020 but it will be around $100k this time not $1 million. although that will also eventually happen.

You're definitely right mate, just like what happened last year, they are predicting that it will raise the price in the market at the end of the year but nothing happens. Besides they are laughing at what they say it was a joke. Ain't sure if that is true proclaiming there selves as an expert in prediction just like what stating on an article that OP has given. Yes, you're right, let's just wait what will happen in the market and forgot those meaningless predictions. We know there's skyrocket happen.

Lol... This is another nonsense and of his funny prediction. You guys should leave John McAfee alone,  the guy enjoy eating his dick cause it's not something that is difficult for him, and he enjoys doing that with this awful Bitcoin price prediction .. Lol
Moreover, the reporter enjoys asking those questions..Her facial expressions though... Lol

The world will be in a mood of panic if that happen.
There should be a world adoption first and knowledge for every people in this world.
2nd, more merchants must having the acceptance of this BTC.
1,000,000 is a good price to have but the the world is not yet ready and the people can't give that much demand to the coin.

Nobody knows the price in 2020, but I think bitcoin will not be able to reach a price of one million for one bitcoin, and I think that is an unreasonable hope.

a very positive thing, of course with a very good market atmosphere for bitcoin. The thing that is very much awaited if that happens, the last bitcoin reached its best point at the end of 2016, if 2020 happens, the high bitcoin turnover every four years is true!

Well or though anything is possible in cryptocurrency.
But bitcoin reaching one million dollars at the end of 2022 is a completely foolish expression and it is very impossible

we are on February 22, 2019 and a guy comes and says: "bitcoin will reach 1 million by the end of 2020". Well, What will we do with this person? I'll answer what we have to do with this person: we have to put the person in the psychiatric hospital.

So answering your question, this is a great absurdity that he is talking about


he is doing this for the price to increase and he sells with profits

What an insane prediction by mcafee ,bitcoin will never hit that huge price.
From 4000$ this day to 1,000,000$ by 2021 that will need be a massive bull run, maybe mcafee is dreaming when he said it.

No will not have so high value at the end of 2020 but i think strong it can have a value of 100,000$ for 1BTC at the end of 2020. Until then i will buy how much i can and hold for a long, and i invest only money that afford to lose.

I'm positive that market can potentially bounce back but I don't think it's going to reach that high. Market keeps on moving ups and downs unpredictably, it's very uncertain. All these are just speculations where anyone is entitled to come up with their own predictions. Engaging in this kind of industry requires bravery. We have to learn to control our emotion, be wise and strategic enough to play the game creatively. Failures are part of success, learn to deal with it positively and productively.

Its just prediction and no concrete basis so dont believe easily and that amount is too much for a short period of time, we dont even know if the price of btc can even surpass the last ATH at that time.

For now its better to buy bitcoin while the price is still affordable we'll never know we might heading to bull run we really cant say.

Hence instead of thinking others so called experts predictions have your own analysis and understanding in cryptos in general, through this way you'll get an idea of how the market works over time.

He can say that bitcoin will become 1 Million or even another Million and we can also say that bitcoin will turn into $100,000,000 lol.

We don't have to believe him if we don't want and we'd better search more profit than to listen to him because our time is worth to just read about what he said.

The important things now are we should know how to get more and more bitcoin by many ways so we can have a large amount of bitcoin and if the time comes to see the bitcoin price increase, we can sell that bitcoin we have to get a huge profit.

Tbh I laugh when I read this. That's too high to reach in less than 2 years. It's too good to be true. That is just a prediction meaning there's no assurance that it will going to happen especially such insane prediction. Although I prefer to read things like this rather a post creating or causing FUD but it wasn't actually realistic, more like fiction.

I think a lot of people who speculate about the increase in bitcoin prices that will occur in 2020 may be due to the influence of the halving day that will occur that year, and I am also sure that price movements have the possibility of being very expensive so there is no harm if many people who speculated about the price of bitcoin.

Lol yeah because it's a crazy statement, honestly.
the price won't rise as crazy as that? whatever positive news and issue comes, the price won't go up that high? even I'm not sure the price of one million is suitable for bitcoin.

I believe by next year we would see if this is going to happen or not but like other people has said I don't think that is going to happen.  We should even be striving for $50000 instead of predicting $1000000 by 2020 .

That's too crazy, if such a growth happens the entire cryptocurrency network will gets collapsed within days. Because every government will fear of their currency value. Also such growth will affect the financial stability of countries. From my learning it could reach $100000 in the long run and it happens if everything is associated with blockchain and cryptocurrencies.

Another predicting who not really happen in the future or in real life, because for sure it will be high the value of the bitcoin like 50,000 dollars or more depends to the people on how they treat bitcoin. But let's see what is really happen to the bitcoin in the year 2020. But im surely it will not happen 100 percent sure even there is a lot of big investors come next few years from now.

It is impossible to occur in 2020 But some peoples are encouraging the future investors so we just think about the usual economy, Crypto is basically depends on supply and demand so current situation is not workout so we must wait and see the future results. I hope 2020 is the best year of crypto legalisation because once legalised automatically going to peak.

You really want to cite a face book source to say that bitcoin will cross one million dollar by next year, can you imagine the fall it will take even it crosses in your dream. Never expect those valuation in the next twenty years and you will never see those valuations just like that, if you are in the market for the last seven years you will understand how the market grows and the rally will happen but it will not take to one million right now even if it is a mad rally, it is good to have dreams but never over estimate things. :P

I just wonder how you could ever consider that this can be true.
I am used to these posts and now I can understand that even they are trolling or they just to pump the price because of their own benefits. In the end, they are just people who try to manipulate others opinions.

There is really not enough money to cover that type of increase in bitcoin. We would need too much new money put into bitcoin world and we honestly do not have that much in the world to make that happen that quickly because the money we have are usually tied into other things or fictional like derivatives or whatever they are called.

So in reality bitcoin only increases with real money, you need to actually send money to get bitcoins, its not like fake forex margin trading deals or whatever, it needs too much to increase to 1 million dollars and world doesn't have that much cash at hand to spend on it. Maybe one day in distant future it will happen with time but by 2020 we can not produce that much cash to buy bitcoin all at once. So, we should instead forget about mcaffee and focus on what we can actually achieve in real life, like maybe going back to 20k to begin with.

I never imagined that the price of bitcoin would reach 1 million, the price was too high and I still felt doubtful it would be achieved by 2020.

Every prediction for the year 2020 is completely based on the halving event that is scheduled for the mid of the year 2020. One million seems to be very big in comparison to the price at which the market is sitting at the present. But anything could happen in no time with cryptocurrency.

Good estimates, but it seems still too early to estimate the increase in bitcoin to reach 1 million by 2020, and I'm still hard to believe.

People have to think about what makes a coin go up. It goes up when money is pouring in. When people are buying and buying and buying. We saw it during the bull run in 2017. That was huge. Yet it went "only" to about 20K$. To go to 1 million, you'd need billionaires investing massively in BTC. Since they're already billionaires, why would they risk it ?

That's true, when market shows sign of growth large scale investment happens with increased buying. Now it has been low, and by 2020 it'll reach at least $50k in my opinion. Because the halving event suddenly takes a demand as the supply gets cut off to some extent. With this into consideration I believe it'll reach $50k.

Yes it is another nonsense prediction for the price of the bitcoin. Look the market now they will not increase and it's hard for it to rise the value so we cannot expect that value like 1 million dollars in that year. Because we can only have 1 year and more months before the year 2020 comes. Make sure everyone prediction will be helpful to us to motivate to hold yes big and huge prediction is good but I suggest those only who possible to reach in the future.

A lots of buyers and big players can make things happen, but without them it will hard for Bitcoin to reached that levels, maybe after halving it will break the last time high but still doubtful that it can reached a million dollar value, needs to have billionaires to play the game and start pumping the market.

indeed there are so many people who give predictions like that, they are too confident that bitcoin can reach that price while bitcoin must support and buy it to reach its predictions, if no one buys and no one supports it it will not be possible happen.

We all expect bitcoin price to move higher but I personally, do not expect this type of insane increase in bitcoin price. At least, a 50K usd per bitcoin is cool for the digital currency. I like everything about bitcoin but it should be expected to surge to that high. There are a lot of fiats that are very good but have not increase to maintain economic stability.

I love McAfee for this reason. Yes, the reason of thinking similar. 2020 may not be a year where we will see one million dollars for one bitcoin but it may not later than 2023. By 2023, the mining rewards will go less than 4 bitcoins per block and demand for new bitcoins will rise up in exponential. This supply and demand may meet in millions. I am always preferring to think in extravaganza way hence my speculation about bitcoins before 2040 would be one billion. Do not ask me for calculations as demand from world wide people is always beyond any analysis.

It not true to hitted the value of $1,000,000 because that is huge value for each one bitcoin and I think people are think also it is not a good IDEA that amount because it is far from the reality . But if the prediction is in real life it is good to see but I don't know why other people predicted to much..

Yes we are fully aware of his attrances form McAfee in the time past but for him to say Bitcoin market value will hit the height of $1 million at the end of 2020 to me is just a mockery of Bitcoin and crypto currency in general.

John McAfee's prediction tends to be excessive, he's not just once making crazy predictions like this, because this kind of thing he often does. For me, John McAfee is a crazy Predictor. But what he said is still better than the FUDster, besides that John McAfee's enthusiasm for cryptocurrency tends to be more energetic and self-confident, meaning not weak and not easy to complain than people like us in general.

I would categorize it as pure speculation only. The prediction is too high in my opinion. But it is free to speculate so anyone can say anything anyway.  :P

It is a huge value, but did anyone in 2010 or even in 2014 think that the BTC price will reach $20k?! It seems to me that if there was such a person, he did not even want to talking about it loudly. In my opinion, $1M is possible, if it fails in 2020, almost certainly within 5 years.

Everyone is free to speculate and predict on where the market is going but to the point that your prediction goes on high. That's something questionable although he gave some words on why it will be possible to reach that out by next year. I'm bullish and positive for bitcoin but not up to this point, we can be at $1,000,000 in the future but not too early as next year. If this goes to reality, everyone who holds at least 1 bitcoin will celebrate but for now, I won't believe.

Bitcoin to reach one million by 2020 is really a hard thing, compared to the present value of bitcoin it needs to travel long to reach the specific value. With bitcoin anything is possible, still this prediction seems to be beyond the growth.

With the current US president you might get the US dollar to inflate by 100% allowing Bitcoin to become $1M which would roughly be €100k  ;)

Well, I'm not one of those who follow or pay attention to the predictions, although it would be fascinating to see the price of Bitcoin in $ 1M, for now I'm just a simple speculator, and as I've seen the market and its movements, Bitcoin is in a phase that can take a long time accumulating, I do not say that it is not possible, volatility can justify that price, but really by 2020 I see it very soon to reach such a high price.

Well, I'll say just two things here.

One, there actually are plenty of billionaires investing in crypto. Not necessarily in the currency itself, but there are huge sums of capital going into projects related to the crypto market. Because savvy investors realize that blockchain technology has tremendous potential, and bitcoin growth has gone hand-in-hand with that growth. There is no reason at present to believe that it will not continue to be the case for several years to come.

And with each bullish cycle, we see millions of new accounts created across exchanges. The current infrastructure is struggling majorly to keep up, hence why there is still so much investment flooding into this market. So factor this in with the block reward being reduced to 6.25 next year, and there is a recipe for tremendous growth. For anyone who understands this market, I think you'd be crazy NOT to believe that we're headed for $1 million a coin and more.

Bitcoin is becoming more popular because of social media, that is why it may happen in the near future because a lot of people may have interest to invest their money in cryptocurrency for them to earn more money. But i think for bitcoin to increase its price more faster is by unbanning it in other countries because we lost a lot of investors since china and others banned bitcoin.

It is correct, but we must not forget the approval of the ETFs, BAKKT, which will have its impact on the market, also the integration of Samsung and the currency that Facebook will bring, which pushes people to enter the world of bitcoin little by little, which indicates that good results can be presented in the long term.

This got me cracked up, I don't think the price of bitcoin can grow to as high as $1 million in just 1 year, that will make me a bloody billionaire, lol.

Though this can only happen in our dreams in 2020, I can say that we should be seeing a rate of $100,000 per btc during the fourth quarter of 2020 which might still dip with over 50% loss when everyone begins to take out profit. Based on my speculations, I think it might take up to 5 years before we can get to the rate of $1 million, then bitcoin would be mainstream.

Well, after the bull run there are not other people that will fall for this FOMO and buy and buy as it happened in 2017. Now they are more cautious and afraid that the same thing is going to happen with the Bull and the bear run right after. The best way is to keep bringing more people and get them involved in the ecosystem so as to increase the mass adoption.

I hard to believe we will see new ATH of $20k before the end of 2020. 1 million Bitcoin might happen at the end of next decade.

I agree with your opinion regarding unrealistic predictions about BTC price. I am not sure my age will be enough to see 1$ per satoshi in future. I can predict 50k$ after 3 years as a realistic investor.

Bitcoin getting to $1,000,000 in 2020 is possible but I don't think it can happen in that way.  Bitcoin is currently below $4000 and 2020 is just some few months from now.  If we are going to see bitcoin above  $20,000  that was the highest place it ever go to it might not be this year and I think even if about 10 country adopted bitcoin today it will be difficult for it to get to $1,000,000 before end of 2020!

We've already had at least four dramatic bull markets in bitcoin history, and it certainly didn't scare traders off each time. On the contrary, the dramatic and rapid increase in bitcoin price has attracted more investors each time. When the next rally comes around (if indeed, it happens at all) things will get crazy, guaranteed.

As for me, the solution to that mate was to grab that best opportunity of securing a good profit once you'll able to see market rise is going to happen. Don't wait that your previous downfall will occur again, avoiding frustrations is the best options to do now. Act aggressively and don't be greedy, because if you have that attitude; long terms waiting is again to commence.

The problem of how much bitcoin prices in 2020 no one knows, can only make predictions. One million for one bitcoin sounds very fun, but most likely in 2020 the bitcoin will not reach the price of one million.

People are free to express their opinions, whether bitcoin touches $ 1,000,000 by the end of 2020, or whatever it is, right. Here we learn to keep abreast of the market flow with good expectations and certainly for predictions we cannot fully trust, but learn what makes it increase.

The CEO of Xapo also predicted this price: https://cointelegraph.com/news/bitcoin-will-be-worth-1-mln-in-10-years-swiss-based-bitcoin-wallet-ceo

Nothing is impossible as in 2016 the bitcoin price was taking tough time to cross $1000 price and that time when someone predicted that in 2017 bitcoin price will cross $10000 and everyone was making joke but when the price started to move above $10000 every one were feeling sad.

Bitcoin not only does not reach the price of a million dollars in 2020, it is unlikely to ever reach such a price. I think that its limit is no more than 50,000 dollars, the price is higher than nothing more than a non-real fantasy. Digital money cannot have such a high value. The higher the cost of Bitcoin or another cryptocurrency will rise, the closer the likely collapse of the entire cryptocurrency will be. We hardly need to strive for the very high cost of bitcoin.

We will see it later and we need to review each period to find out what happened, bitcoin is currently running slowly and giving good hope for the coming year. Hopefully, bitcoin will be able to achieve that value or maybe it can be more because all of this depends on the existing demand and supply.

why the heck they would feel sad if the price have already climb up to 10k usd ? they should have feel happy with it because they can now sell thier coins at a maximum rate  . anyway , the title of this thread seems missleading  .

 i wont believe that bitcoin would hit 1million usd at the end of 2019 even if i believe that anything is possible in bitcoin  .   the gap is just too short   . i dont think that bitcoin can accumulate enough adoption that fast .

Once we are able to get a full mainstream acceptance, I think we are going to see the price of bitcoin getting to as high as $1 million and even more.

I say this because the supply of bitcoin is very low which according to the law of demand, will make bitcoin be in more demand than supply, then we might not have to equate the price of bitcoin with the USD anymore but anyone can make purchase with the smallest unit of bitcoin known as satoshi.

I guess they were feeling sad because they regretted not listening to that humble investor that advised them to invest when bitcoin was about 1000 usd, I also lost the chance too just that my own investment was when BTC got to 7k and I had to buy little since I couldn’t afford to buy the whole full coin then.

Finally for the speculation of 1 million usd, it is actually impossible for now as you said, it just mere speculation which is also good though, at least it is better than the negative ones going round this net, this might force lots of potential investors to start investing this year and now that BTC is on 3k trend which will in turn push the market out of the bearish trend.

Well i don't know if anyone would be willing to buy bitcoin if they price goes beyond even 100 or 200k. That's just me though. I still think anything is possible and what you're saying is also a possibility but i'm almost certain it won't happen in the next 2 years.

I disagree because currently the new price is in the range of USD 3,900 so to reach the price of USD 1 million miracles are needed many times, exceeding the December 2017 phenomenon.
It is possible that it could happen, but it is better to think logically than to imagine a bitcoin worth USD 1 million, and that does not interfere with the predictable price of bitcoin for 2020. In my opinion the price of bitcoin in 2020 is in the range of USD 5,000 and that in my opinion is very reasonable.

Well, 1 million sounds good and nice, but I don't believe that we will see this price so soon. Even in 10 or more years it can be that Bitcoin does not reach this price. First of all Bitcoin should reach other price hurdles like 50k or 100k, then you can think about 1 million bucks. Until then, all this seems like a wishful thinking to me. Yes, it is possible that Bitcoin will reach this price, but when and if it will really happen nobody knows yet. Most of all, who knows what a million bucks in 10 years is worth. Maybe in 10 years you'll just get a pizza for it.  :D

There will a lot of challenges along the way before we can finally see $1 m = 1 BTC. It might take 5-10 years, we still don't know. So yes, hurdles like $50k-$100k should be our main goal. Only John McAfee predicts that bitcoin will go on to $1 million. lol. Of course, one day we wanted to see that kind of price, but let's all be realistic that we may not see that price in our lifetime.

Or probably 1 BTC = $1m won't happen.  I am optimistic about Bitcoin but I really do not think Bitcoin to reach $1M USD, since I believe Bitcoin will lose its dominance before reaching that amount.  Reason, a new cryptocurrency will possibly emerge to dominate the market due to its scalability, usage and being user friendly.

I didn't even feel like clicking on the link since the title itself sounded total bullshit. First of all, it is just a random facebook page claiming that the price will reach 1 million USD within 2020. Second, I don't think they predicted the price based on any reasonable fact. Third, even if they predicted the price based on facts, the market is quite unpredictable, and there is high chance that the price might deviate from what has been predicted.
TL;DL: Just don't blindly believe those predictions. Tons of people out there are predicting price and most of them fail to do so properly.

The reason why people are so optimistic about the price of bitcoin on the year 2020 is that there is a rumor about the upcomming halving . the event said that it can drastically uplift the price of bitcoin and other cryptos to their unatural extent  .  there is nothing impossible in bitcoin because bitcoin do unexpected and shocking things  like for example before where bitcoin is only small but it suddenly pump without anyone noticing   .  same scenario can also happen on the upcomming months , year  .

There are many thoughts about 2020 where in they predicted that bitcoin will rise but not as huge as 1 Million but it's not possible. Sometimes predicting is very helpful to us hodlers or traders. Some predictions are near to its real price. We are now on the 3rd month of 2019 and we can see that it is changing slowly and maybe it is starting to rise or this year is the year of change. Everything changes when it comes to cryptocurrency but we can't blame it because it is normal like an unstable price and it volatility.

I'm not familiar with the source, but even if it's a legit source, it's only a prediction, nothing is special here.
I like this kind of prediction as it only prove people are optimistic with the future, and even if the price is low at the moment, they are still here believing this market will eventually change into a bullish one.

Predicting is really helpful for us to decide or to make decision what action will do.  Predicting is one of the part that can cause also for the cryptocoins to increase  and decrease the market. This prediction is good but it's better to predict the price who are possible be reach it.

Upcoming year is much expected for Cryptocurrency. This is all because of its halving event. Till date on every halving there is good price increase prior to the days of halving or after few days of time. People come with various price predictions, some has mentioned even higher than the same. Let's hope for the best to happen through gradual growth.

As long, it halving and price can be increased. Maybe me will say it is good even whatever price will be. And a lot of people maybe already target in how much price bitcoin will be and they will take decision from that.

They’ve already set a standard with bitcoin, it can create panic as well if there no higher price in the future. I just want to focus on real things and 1million with bitcoin is too good to be true next year. We might make a new all time high next year, but still we have to be objective this time as we learn from the past trends in this market. It is expected to pump but no guarantee at all.

Virtually everyone is an holdler of BTC and we are very optimistic about it price increase but in doing so, we don’t have to start playing with figures without fact and not being realistic about our decision, it would not have raised an issue if he didn’t say 2020 which is just by the corner here, in another 9 1/2 months now, we will be welcoming yourself into the new year, what major fundamentals will come to force this year that will make it jump so high from $20k to $50 we are targeting to 1 million dollars.

This type of silly prediction may end up even destroying the market rather than make it because any Lame man will see the system as a joke.

Bitcoin going to a million is totally insane, there isnt enough proof / evidence that bitcoin will reach that price it is only a pure speculation, i guess this prediction is only made by those investors who bought btc at 20,000$ .