Bitcoin Forum

Economy => Speculation => Topic started by: Niya on July 18, 2017, 01:58:35 PM



Title: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Niya on July 18, 2017, 01:58:35 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Minecache on July 18, 2017, 02:00:01 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
He'll also eat his own dick on live TV.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: LouVandetta on July 18, 2017, 02:06:14 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
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?


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Minecache on July 18, 2017, 02:13:30 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: ChironRegera on July 18, 2017, 02:17:41 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Maybe he wants people to buy right now to push the price up before the dump when the coin splits so he can make more money!!!


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Dr Bloggood on July 18, 2017, 02:29:15 PM
Right, and he also says it will be Jihan Wu's forked version of BTC. And he is a friend of Wu... Looks like he is pumping his friends (future) asset.

I'm very bullish on BTC, and when I tell people my price expectations, they think I'm crazy. But $500,000 within three years is just stupid; the probability for that is very, very low.

And I bet none of those bets will happen. Anybody can say: "Send the contracts over." Doesn't mean he will sign them... Why should he? For sure he is already heavily invested in BTC, he doesn't need additional bets against people from all over the world whom he has no idea if they will pay or not.

Btw, his real prognosis is 2-5 million dollars... That half a million is just what he is willing to bet about.

This is just silly. Very, very silly. Please don't take it seriously.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: krishnapramod on July 18, 2017, 02:30:09 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
He'll also eat his own dick on live TV.

$500,000 in three years, that is by far the biggest bitcoin price prediction anyone has made, maybe the boldest since he put a bet on his prediction and surely the craziest since it is backed by the faith in Jihan ;D

https://twitter.com/officialmcafee/status/887031720557654016

Quote
I am with Jihan. he is my friend and the smartest man I know. the money will follow him.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: nejibens on July 18, 2017, 02:34:40 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Well finally this is his own prediction, we can't be sure about the Bitcoin's future pricings, but we all know that the price is going to rise highly in the next 3 years.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Wendigo on July 18, 2017, 02:38:26 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
He'll also eat his own dick on live TV.

OMG you are right!

Quote
if not, I will eat my dick on national television.
12:02 PM - 17 Jul 2017

Is he going to eat it cooked or raw though?


Looks like some people are already taking him up on his offer and getting lawyers to draft up the contracts lol. Man I would take him up on that offer as well if the odds are any good lol.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Kprawn on July 18, 2017, 02:43:37 PM
He is falling for the Jihan/Ver/Wright bullshit and for that he has to eat his own dick. I will send him some sauce to go with that. You have to be a

little crazy to make a bet like that, but if it goes to 500k in 3 years, I will be willing to help him eat it. Damn, with that kind of profits, I would be

able to pump out my stomach and go for hypnosis sessions to forget about it and then retire very rich.  :P


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: bitbunnny on July 18, 2017, 02:48:06 PM
Now he can say whatever he wants but who can actualy say what will happen in the next three years. In cryptocurrencies world this is a realy long time. If everything goes well with current issues and August 1 the price will go up, that is for sure, but still his price sounds a bit exaggerated.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: btctube on July 18, 2017, 02:59:26 PM
500K in 3 years? I'd eat my own dick if this will happen. I've kept 2 BTc in my wallet for a very long time and if it will be worth 1 Million after 3 years. I'd buy another dick for John so he can suck it anytime my way of saying thanks.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: dimastegar on July 18, 2017, 03:01:14 PM
I think $ 500k is a very big number, and maybe he just "wished" for his investment in Bitcoin. So, wait 3 years and will it happen?


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: BillyBobZorton on July 18, 2017, 03:09:20 PM
Well exponential growth can make this happen, you cannot predict what will happen. In terms of exponential growth, 3 years is probably not enough, but 5-10 years things can change enough for BTC to explode into a ridiculous price overnight as more and more useless fiat money enters the capital B blockchain, specially when bond market collapses and gold continues to underperform a lot of trillions will come.


Of course this is assuming big blockers don't keep ruining the price.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: alexsandria on July 18, 2017, 03:11:43 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

We don't know actually waht will happen to the price of bitcoin in the next 3 years because we are not fortune teller. The value of btc is depends on people who are using it and the bussinessman behind it. Let's wait for the price to get higher and let's find out if he is correct on his words.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: aesma on July 18, 2017, 03:13:23 PM
How many gazillions market cap would that make ? Where would the money come from ?

Unless he expects Trump to print dollars like crazy, Zimbabwe style ?


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: virtualdn on July 18, 2017, 03:13:30 PM
I will tell you something else... I don't know when but BTC will reach $50,000 at one point for sure! Guaranteed folks, it will happen... as for everything above... sky is the limit!


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: xskl0 on July 18, 2017, 03:16:03 PM
HODL!


https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSzi640pE4HF0ljRk51s6jG7fXLueFo65P-RxqNQIzkHLzUPoMb


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Ashong Salonga on July 18, 2017, 03:17:46 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

It depends. Only those person who are in charge of bitcoin value's swinging are the responsible. If there is a person that will know if bitcoin price will het 500$, that would be no one because we can't say that bitcoin price is 500$ in the next 3 years. It's either more higher or lower than it.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Stedsm on July 18, 2017, 03:29:06 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
He'll also eat his own dick on live TV.

That was one of the shittiest comments I ever saw from someone and even replied to him for his ^Bets?^ part.
Speculation is one thing, but going insane over few things could lead these people in hospital. /sarcasm
Bitcoins should not be seen as penny stocks or whatever these so-called investors are taking it as, but should be taken as a currency if we want it to grow as a global currency and not a tradable instrument only.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Iranus on July 18, 2017, 03:30:45 PM
Archived the page (http://archive.is/ei4LZ).

If you want him to eat his dick on national television in three years, come back to this thread and don't forget to thank me.

I love how he gives loads of vague terms related to "math systems" and doesn't actually explain what they are or why he's using them to suggest that Bitcoin will have a completely ridiculous price.

Maybe he's joking?  


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: webcrypt on July 18, 2017, 03:35:42 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Sounds like he has a lot invest in btc and is getting nervous watching it slide down.. He is getting lots of bets.

McAfee has a massive ego that doesn't mix well with investing. He also bet on the US and the usd collapsing, built a compound in the Belize jungle and then came running back when the locals started pillaging him.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: LFC_Bitcoin on July 18, 2017, 03:54:34 PM
500k is 3 years, hell yeah, that's what I'm talking about ;D - I personally think it's unlikely but I won't be complaining if it comes true :D


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: The One on July 18, 2017, 08:38:05 PM
Well exponential growth can make this happen, you cannot predict what will happen. In terms of exponential growth, 3 years is probably not enough, but 5-10 years things can change enough for BTC to explode into a ridiculous price overnight as more and more useless fiat money enters the capital B blockchain, specially when bond market collapses and gold continues to underperform a lot of trillions will come.


Of course this is assuming big blockers don't keep ruining the price.

McAfee is a big blocker and he is predicting $500k. ;D ;D ;D


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: macartem on July 18, 2017, 08:49:18 PM
$500k in 3 years, that is by far the biggest Bitcoin price prediction , I don't believe there


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: avikz on July 18, 2017, 11:12:50 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Well, he is speculation and investing in bitcoin since a long time now. I remember, he also proposed a plan about a 10 PH/s mining farm earlier. However, the price he mentioned about feels like over speculating and over valuing bitcoin. Because to reach that price, bitcoin market cap should be more than the GDP of USA and that is really tough to happen.

So I am not believing that bitcoin will ever reach that milestone, but yes, bitcoin will go up much higher than its current level for sure. So whoever is planning to invest in bitcoin, please start now or else you may loose a bit from your future profits.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: passwordnow on July 18, 2017, 11:16:29 PM
Hes trying to convince other investors to get in already. As halving will take place by that time, its very possible for the increase but $500k is really far three years from now. I'm guessing it can be $10k-$20k by that time.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: jorneyflair on July 18, 2017, 11:21:13 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Woah, that seems to be a little too much for me. Bitcoin right now is at 2300 USD and he expects that the price will be 500,000 in 3 years. 3 years equals 156 weeks. If this was to be possible, bitcoin would have to rise at least 3000 USD a week, which is 350 a day. Seems pretty impossible in my opinion. I feel like he is really over valuing Bitcoin and this seems impossible. Maybe after Segwit, if the price goes up, then Bitcoin will have a chance of reaching 500,000 but right now, there is zero possibility of Bitcoin reaching that high in even 5 years. Maybe 10K in 3 years will be possible. 


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: eindbaasje on July 18, 2017, 11:38:37 PM
All those 500k bitcoin dollars have to come from somewhere?

I don't think this can come from a few million small investors.
There have to be hedge funds, private equity managers and some serious (scared of the dollar) billionaires in play to get it to go that high.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: HaXX0R1337 on July 18, 2017, 11:41:25 PM
Looking at it now,it is a crazy bet,but who knows what the future will be,but in three years it is impossible,but down the line we could expect these sort of valuation five or ten years down the line,for that to happen we need big investors investing multiple billions or trillions of dollars into bitcoin to see those valuations.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Wesimon on July 18, 2017, 11:46:12 PM
From all the bitcoin predictions I've seen, his prediction on bitcoin going 500k is the highest. Seems like he is very confident about it having bets on this. I am confident that bitcoin will soar higher but who knows how much it will be.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: TryNinja on July 18, 2017, 11:52:22 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Woah, that seems to be a little too much for me. Bitcoin right now is at 2300 USD and he expects that the price will be 500,000 in 3 years. 3 years equals 156 weeks. If this was to be possible, bitcoin would have to rise at least 3000 USD a week, which is 350 a day. Seems pretty impossible in my opinion. I feel like he is really over valuing Bitcoin and this seems impossible. Maybe after Segwit, if the price goes up, then Bitcoin will have a chance of reaching 500,000 but right now, there is zero possibility of Bitcoin reaching that high in even 5 years. Maybe 10K in 3 years will be possible.
Bitcoin will rise. But this "prediction" it's just nuts.

And worse, he's not even talking about "the Bitcoin". But of the altcoin that Jihan is creating.

Now we just need to figure out which TV channel will be brave enought to accept his little apparition on national television. ::)


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: bit1 on July 19, 2017, 01:41:48 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Woah, that seems to be a little too much for me. Bitcoin right now is at 2300 USD and he expects that the price will be 500,000 in 3 years. 3 years equals 156 weeks. If this was to be possible, bitcoin would have to rise at least 3000 USD a week, which is 350 a day. Seems pretty impossible in my opinion. I feel like he is really over valuing Bitcoin and this seems impossible. Maybe after Segwit, if the price goes up, then Bitcoin will have a chance of reaching 500,000 but right now, there is zero possibility of Bitcoin reaching that high in even 5 years. Maybe 10K in 3 years will be possible.
Bitcoin will rise. But this "prediction" it's just nuts.

And worse, he's not even talking about "the Bitcoin". But of the altcoin that Jihan is creating.

Now we just need to figure out which TV channel will be brave enought to accept his little apparition on national television. ::)

I didnīt  know he meant about that altcoin, Maybe it was a joke then, And canīt be taken seriously that statement, In the other hand, He has declared that he is a miner so I do not rule out that He can be in favor of the group that seeks to take over BTC (Better understand yourself, J.....,B.S....) to mention only two, Neither I do not want to say that all the miners support that group. Anyway it is not good to make projections too high as in this case since it creates false expectations by calling it somehow.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Kumo77 on July 19, 2017, 02:52:47 AM
Sounds like a longshot, unless the USD undergoes some kind of hyper-inflation, which is not likely.

Someone ought to mail McAfee a hotdog bun and packet of mustard in three years. ;D


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: xskl0 on July 19, 2017, 02:54:19 AM
I think 1 bitcoin will have a value of 500k usd in 3 years too


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: pooya87 on July 19, 2017, 02:57:31 AM
people usually make this silly speculations online but he seems to be genuinely thinking $500k can happen in 3 years. and by that time we will be around the block reward halving and it is known to have a significant effect on the price so who knows maybe he is right!


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: tiger2monkey on July 19, 2017, 03:36:22 AM
500K in 3 years would be great! Let's see what happen in three years.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Karmakid on July 19, 2017, 03:40:20 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
What the hell is his problem we all know that it is really impossible for bitcoin to be that high in just 3 years maybe even if you added a couple of years it wouldn't be that high,
Just look at it's current price and how long it took to be at the current price.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: cocoinin on July 19, 2017, 03:51:34 AM
people usually make this silly speculations online but he seems to be genuinely thinking $500k can happen in 3 years.
or, what is more likely, he was just drunk


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Rahar02 on July 19, 2017, 03:56:39 AM
Right, and he also says it will be Jihan Wu's forked version of BTC. And he is a friend of Wu... Looks like he is pumping his friends (future) asset.

I'm very bullish on BTC, and when I tell people my price expectations, they think I'm crazy. But $500,000 within three years is just stupid; the probability for that is very, very low.

And I bet none of those bets will happen. Anybody can say: "Send the contracts over." Doesn't mean he will sign them... Why should he? For sure he is already heavily invested in BTC, he doesn't need additional bets against people from all over the world whom he has no idea if they will pay or not.

Btw, his real prognosis is 2-5 million dollars... That half a million is just what he is willing to bet about.

This is just silly. Very, very silly. Please don't take it seriously.

He really asked about escrow, he really accept everyone who serious want to make bet with him.
He said : "97 Scott Street, Lexington, TN, 38351. $10 million. settled in US dollars. July 19th, 2020." as the contract for his bet.
Here some tweets :
https://twitter.com/officialmcafee/status/887051746622795776
https://twitter.com/QuodVeritusUnum/status/887053152805158912

He must be so sure about bitcoin could reach $2-2,5Million in 3 years, so he dare to make a bet just $500K.
Furthermore, he has so much money to put on the gambling table, even asked for $10 Million for bet.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Juggy777 on July 19, 2017, 03:57:39 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...


Seriously you believe it and then even post it, such posts are to be ignored at the onset, think logically 500k, how in the world would it be even be possible. Even if you assume some major news comes then also it's not at all possible to achieve it. I am sure he was smoking some high quality weed or meth who knows, as it's looking with August 1st event neutralized we can see 3.5k by the year end logically. But again it depends on many factors.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: pdpanzer on July 19, 2017, 04:12:52 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
He'll also eat his own dick on live TV.

$500,000 in three years, that is by far the biggest bitcoin price prediction anyone has made, maybe the boldest since he put a bet on his prediction and surely the craziest since it is backed by the faith in Jihan ;D

https://twitter.com/officialmcafee/status/887031720557654016

Quote
I am with Jihan. he is my friend and the smartest man I know. the money will follow him.

Jihan != Johan. Jihan = China. They finance US to buy cheap China goods by buying US Treasury bonds. They force people to earn very little. BUT, they don't like dollar printing, it dilutes they future world domination. They would like to lend the US in GOLD. Something the US can't print. And then relax and the rest of the world works for China. The GOLD = digital currencies. They also know world won't accept CNY as replacement. So they want to control all mayor crypto currencies. Here's who controls who:

Bitcoin (and ALL SHA256) -> Mainbit = China
Litecoin (and ALL Scrypt) -> Mainbit = China
Ethereum (and all Ethash)-> Russia (with switch to PoStake even more)
Dash (and ALL X11) -> Mainbit
That sums up about 90% of the crypto market.

Why do you think Korea and Japan are also racing for adoption? See how those governments act. If you have ever been to China, you know how controlled banking is. Do you think some Jihan = Jihan would be able to question banks and regulators there? He is doing his job, but this will never be stated such.

The USA is not seeing the big picture here. It needs to react soon or it will be too late.

You heard this here first!

Bitcoin: China


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Schuyler on July 19, 2017, 04:21:01 AM
$50,000 isn't even on my mind within three years and this silly prediction comes out. Well, we are all entitled to our own opinions and one man's opinion (even if he is well-known or not) shouldn't really send waves of disruption on the overall climate in the bitcoin environment. I am more interested in the short term and the coming weeks and how the price plays out after that.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: jorenpo on July 19, 2017, 04:29:25 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

lol $500k in 3 years? that's 200x of the current price as of now. is he dreaming or something? even after 10 years bitcoin doesn't get up to that price if you think logically, that is really impossible. just look at the movement and stability of bitcoins.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: qiman on July 19, 2017, 05:06:55 AM
Is there enough fiat currency to make Bitcoin become half a million dollars each? Also people say it is impossible to happen but IF, say IF the U.S dollar crashes and hyper inflates, then half a million USD might easily be worth 1 Bitcoin. It's all relative to how much the fiat currency is worth. 500K USD might only be worth k USD in today's value of the dollar crashes.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: pdpanzer on July 19, 2017, 05:13:42 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

lol $500k in 3 years? that's 200x of the current price as of now. is he dreaming or something? even after 10 years bitcoin doesn't get up to that price if you think logically, that is really impossible. just look at the movement and stability of bitcoins.

He is trolling. M2 is $60 trillion. Yeah, 25% of all money in the world will be bitcoins in 3 years. You'll see WW4 before that happens, if we are still here on this planet.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: pdpanzer on July 19, 2017, 05:17:00 AM
Is there enough fiat currency to make Bitcoin become half a million dollars each? Also people say ti is impossible to happen but IF, say IF the U.S dollar crashes and hyper inflates, then half a million USD might easily be worth 1 Bitcoin. It's all relative to how much the fiat currency is worth. 500K USD might only be worth k USD in today's value of the dollar crashes.

You don't need that much fiat money. People can earn Bitcoins directly just like you earn in USD or CNY for work. No need to convert. The ONLY way for it to be $500K is through a complete collapse of the US into hyper inflation like if it was Venezuela or WW3. Nonsense.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Deathwing on July 19, 2017, 05:18:49 AM
If he said something like 5 years, it would make "a bit of" sense but 3 years for half a million... is a longshot.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Hellacopter on July 19, 2017, 05:32:25 AM
Going above 500k $ in 3 years seems so hard to happen , regarding the history of the Bitcoin's price, but it is not impossible, because expecting exactly the future of this market is really so hard.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Netnox on July 19, 2017, 05:51:56 AM
Going above 500k $ in 3 years seems so hard to happen , regarding the history of the Bitcoin's price, but it is not impossible, because expecting exactly the future of this market is really so hard.

Yes.. it will be very difficult. That would mean that the market cap of Bitcoin will be almost twice that of the gold. Or that can also mean that some 3% to 4% of the entire global wealth will be concentrated in the form of Bitcoin. Very hard to imagine such a scenario.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: zarados on July 19, 2017, 05:54:52 AM
Ohh dude, I just calculate my profit if it is true, and the results I never dreamed of that.  ;D It seems like I have to dream higher again. No one can guess what will happen to the cryptoss in the next 3 years, of course we all expect the same that is a significant increase each time. And there's nothing wrong with arguing how high the price will jump, even if that opinion still makes no sense, but we'll wait for the results. Enjoy the process.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: RoommateAgreement on July 19, 2017, 05:57:49 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...


Seriously you believe it and then even post it, such posts are to be ignored at the onset, think logically 500k, how in the world would it be even be possible. Even if you assume some major news comes then also it's not at all possible to achieve it. I am sure he was smoking some high quality weed or meth who knows, as it's looking with August 1st event neutralized we can see 3.5k by the year end logically. But again it depends on many factors.

maybe you are right but i would never be skeptical of any price for bitcoin ever in my life. because simply when price was low around $10 everyone were saying the same as you when someone predicted $1000
then 2-3 years ago when price was dropping down from GOX ATH down to $200-$180 people were saying the same thing as you when someone predicted recovery and $3000


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: aesma on July 19, 2017, 10:36:52 AM
But 1000$ or 3000$ or 5000$ is a price that is possible with just some millions people putting some money into Bitcoin.

For 500000$ you'd need everyone putting money into it. Billions of users.

And that would certainly wreak havoc economically.

It's better we have the havoc first, then people turn to Bitcoin.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: gentlemand on July 19, 2017, 10:41:10 AM
He is trolling. M2 is $60 trillion. Yeah, 25% of all money in the world will be bitcoins in 3 years. You'll see WW4 before that happens, if we are still here on this planet.

Market cap, baby. It means nothing. Bitcoin's price is set by a few thousand coins on exchanges. If sellers go on strike it could be there tomorrow.

Gold is similar. Do you really think people could extract $9 trillion in real money from the gold market? Of course not.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Wexlike on July 19, 2017, 12:35:27 PM
500k per Bitcoin is by all means nuts.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: tigershark on July 19, 2017, 02:45:19 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

$500,000 in just 3 years seems unrealistic. If he's right, I'm going to be rich along with a bunch of other people. I doubt the price gets above $10,000 in 3 years, but I could be wrong.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Netnox on July 19, 2017, 02:50:11 PM
But 1000$ or 3000$ or 5000$ is a price that is possible with just some millions people putting some money into Bitcoin.

For 500000$ you'd need everyone putting money into it. Billions of users.

And that would certainly wreak havoc economically.

It's better we have the havoc first, then people turn to Bitcoin.

The vast majority of the world population have less than $1,000 in their bank accounts. If you consider the loan liability as well, then you can say that most of them have a negative cash inflow.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: aesma on July 19, 2017, 03:06:12 PM
If you want the hundreds of millions that could afford it to put thousands each in BTC, then you also need those billions without such money to be into BTC, even if it's with only 10$.

Even Apple has understood this and started selling cheaper phones.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: hritevanz on July 19, 2017, 03:07:26 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Well who knows the future right? Future is not certain but it's not bad to dream about the $500,000 in just 3 years. :) But for me, $1000 to $2000 is more possible than that as the time pass by. And it will be better if you look for the stability of the bitcoins and how it moves :D


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Golftech on July 19, 2017, 03:34:22 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

$500,000 in just 3 years seems unrealistic. If he's right, I'm going to be rich along with a bunch of other people. I doubt the price gets above $10,000 in 3 years, but I could be wrong.
if he can force this price up to that level many of us will be a millionaire by that time but its really hard to believed that the price can go that far
10k$ would be much realistic after 3 years or up to 100k$ if possible to really support to that level but 500k$ would be a dream that everybody
wants to see.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: pearlmen on July 19, 2017, 03:50:34 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

When I saw the screen shots of his tweets I knew he was just rambling whether bitcoin will rise to that level or not is another discussion except he has some more information he is not sharing, I don't see that as a possibility simply because the basis for that is not shared and aside that his bet amount is not what can be effected or compelled to do even on live TV so its just a simple expression of opinion and nothing else.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: alt213 on July 19, 2017, 03:59:13 PM
Well let's wait for 3 years and see , bitcoin price on Feb 2011 took parity with US dollar so price x2500 since then , 500k $ in 3 years means price x200 , if bitcoin reach that insane price who can buy it?


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: virtualdn on July 19, 2017, 04:07:29 PM
I would say to not underestimate what this guy is saying... Such price is no way a fantasy... think again folks, think again.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Wexlike on July 19, 2017, 05:10:48 PM
Don't be stupid.

The next halving is in 2020. The block reward drops to 6.25 coins every 10 minutes. With this price it would mean that 450 million $ are created every day. Sure.  ::)


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: swogerino on July 19, 2017, 05:13:40 PM
I am bullish on bitcoin too but 500.000 dollars after three years sounds a bit unbelievable. I think the price of bitcoin will continue to rise after August 1 settles the dust of what will happen. It is now a good time to buy or to mine whichever you prefer to do and whichever you think will make you plan realized faster.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: mindrust on July 19, 2017, 05:16:30 PM
Let alone this dude probably won't be alive 3 years later from now; he is mentally unstable. I heard that he is a murderer and killed 2 people. Not one, two.

I also watched some of his videos, he is pathetic. He is showing off with all those bitchez, money and everything on youtube but he is still miserable as fuck.

The dick he is promising to eat probably don't even exist so it may be just another sick joke.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: ImHash on July 19, 2017, 08:51:47 PM
You can't eat something that doesn't exist :D if we imagine a price like that for bitcoin that means you'll need a tennis stadium filled with ASIC to start mining efficiently for a block of bitcoin, is there enough space on earth for so many mining farms that doesn't belong to governments and other people?
I was thinking about $9000 in 3 years not $500,000 that's a lie and not a reasonable price.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: FiendCoin on July 20, 2017, 12:01:46 AM
Don't be stupid.

The next halving is in 2020. The block reward drops to 6.25 coins every 10 minutes. With this price it would mean that 450 million $ are created every day. Sure.  ::)

That's nothing, the US gov ALONE prints $560 million a day.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Vishnu.Reang on July 20, 2017, 02:22:11 AM
Don't be stupid.

The next halving is in 2020. The block reward drops to 6.25 coins every 10 minutes. With this price it would mean that 450 million $ are created every day. Sure.  ::)

Do you really think that he was serious? I don't trust McAfee. He was suspected of unlicensed drug manufacturing while he was in Belize. On top of that, he is a suspect in the murder of Gregory Viant Faull.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: talks_cheep on July 20, 2017, 02:50:59 AM
John McAfee is a bat-shit crazy nut job, everyone and his grandmother knows it. Bulltards must be getting desperate....


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Silberman on July 20, 2017, 09:03:44 PM
Right, and he also says it will be Jihan Wu's forked version of BTC. And he is a friend of Wu... Looks like he is pumping his friends (future) asset.

I'm very bullish on BTC, and when I tell people my price expectations, they think I'm crazy. But $500,000 within three years is just stupid; the probability for that is very, very low.

And I bet none of those bets will happen. Anybody can say: "Send the contracts over." Doesn't mean he will sign them... Why should he? For sure he is already heavily invested in BTC, he doesn't need additional bets against people from all over the world whom he has no idea if they will pay or not.

Btw, his real prognosis is 2-5 million dollars... That half a million is just what he is willing to bet about.

This is just silly. Very, very silly. Please don't take it seriously.
This, bitcoin has great prospects to grow but to think it will reach that amount of money then most of the world economy will need to move through bitcoin and even if the entire world was willing to make that a reality the truth is that bitcoin cannot manage that amount of transactions in the present, and it cannot manage that in the near future either, so that price is not going to happen at all the chances are zero of that happening in the next 3 years.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: webcrypt on July 20, 2017, 10:39:32 PM
This, bitcoin has great prospects to grow but to think it will reach that amount of money then most of the world economy will need to move through bitcoin and even if the entire world was willing to make that a reality the truth is that bitcoin cannot manage that amount of transactions in the present, and it cannot manage that in the near future either, so that price is not going to happen at all the chances are zero of that happening in the next 3 years.

Another big issue is fiat currency in owned by governments. They are not just going to let billions and billions worth of wealth just go away from their greedy ownership. 


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: 19Nov16 on July 21, 2017, 03:33:27 AM
Although prices continue to rise, but I think it is impossible to reach 500k in 3 years, the thing that can make the price skyrocket is the legality of bitcoin by big countries like USA, China and european union.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: audaciousbeing on July 21, 2017, 05:15:23 AM
For me, I would not based my decision on guess works which is obviously the expression of opinion of an individual without knowing the basis of his conclusion. I will take it as nothing other than various speculative threads we see during high price about how its going to reach the moon in few weeks or months without any reason to justify that position. And the bet he is going to do, is definitely not achievable.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: KingdomHearts on July 21, 2017, 07:02:56 PM
500k is 3 years, hell yeah, that's what I'm talking about ;D - I personally think it's unlikely but I won't be complaining if it comes true :D
500K in 3 years is not a long time. I guess 500k in 3 to 5 year is a possible. It will reach to 500k soon as people getting know about bitcoin. Why would people complained where they will. So keep watching the future of bitcoin. Keep calm and wait for that day when bitcoin will reach to peak what are you talking about it will be happen soon.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: nizamcc on July 21, 2017, 07:31:17 PM
If it becomes true, this could be the most exciting news I would ever witness. He is taking bets for the same and that's insane.
Even pumping Bitcoins to that level would need billions, so how will it become possible for Bitcoins to be even 1/10th of what he said it will be at?
The worst part was when he committed he will lick his dick in front of National Television if BTC won't be above 500k, can you imagine watching this guy doing such shitty things?


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: eaLiTy on July 21, 2017, 08:56:58 PM
If it becomes true, this could be the most exciting news I would ever witness. He is taking bets for the same and that's insane.
Even pumping Bitcoins to that level would need billions, so how will it become possible for Bitcoins to be even 1/10th of what he said it will be at?
The worst part was when he committed he will lick his dick in front of National Television if BTC won't be above 500k, can you imagine watching this guy doing such shitty things?
I am not sure whether John McAfee is a sane person  :D a speculative astronomical price is one thing and committing to lick his body parts in front of national television  ::) either he was high on some drugs doing these predictions because three years is a very short time to see those valuations,if he would have said ten years then it might be possible but not in three years time.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Bitmore on July 23, 2017, 02:03:02 AM
Don't be stupid.

The next halving is in 2020. The block reward drops to 6.25 coins every 10 minutes. With this price it would mean that 450 million $ are created every day. Sure.  ::)

That's nothing, the US gov ALONE prints $560 million a day.

This is a very relevant point. 

The fed is creating / devaluing fiat at a rate that would be the minimum required for the value of Bitcoin to increase if it is to replace fiat or if it is used as a lifeboat to preserve wealth...

Hyperinflation has historically happened with little warning, or at least without the warning signs being taken seriously, and then happens with lightening speed.  The rush to preserve wealth will also happen very quickly, and perhaps even faster.  We see it already as JP Morgan buys record amounts of silver, another lifeboat for wealth.

The days of the US dollar as the sole reserve currency and petrodollar,,, are over.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Despacito on July 23, 2017, 03:28:25 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Everybody would be happy if this happened but honestly he's just kidding or doing joke. Not 500 thousands dollars, 5 thousands dollars is even debatable these days. I approach very nicely to the personal predictions, yet this time it's not logical.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: fabiorem on July 23, 2017, 05:42:25 AM
It's possible to reach 50k in 3 years, I think.

500k would be for 10 years, perhaps early than that.

People who don't want bitcoin to reach that price are those who don't believe in it.

There is a creed behind bitcoin, it's not a simple commodity that you trade around for quick bucks.

That's the reason why there are too many HODLERS.

Back to 2013 nobody thought it would be possible to reach this price today.

And still the market cap is very small, it's less than Bill Gates fortune, it's less than Apple.

Some people are worried that HODLERS might become millionaries in the long run.

And these people dont believe in bitcoin as a substitute for fiat.



Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: magneto on July 23, 2017, 07:14:40 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

It's nice to have someone that is so confident in bitcoin's future. And i applaud him for that.

He's obviously generating some quality media exposure for bitcoin, in my opinion. But probably not in the right way, it'll be very hard to keep his promise if something doesn't go his way. half a million are in the dreams for most people.

But hey, it seems like that his comments have made sure that bitcoin price rebounded from the monthly low to a respectable $2700-$2800. And plus, he is quite well known so even though you have to take his words with a grain of salt, if he's so confident then there is a reason to be.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Dafar on July 23, 2017, 07:42:21 AM
He's talking about Jihan's bitcoin... which is essentially Bitcoin Cash


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: xypos on July 23, 2017, 09:39:02 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Well he sure has some balls, eat his own dick on TV. I definitely would want this to happen to but i do think that it is somewhat unlikely. Let's face it, only if fiat collapses to near zero value will this happen. And it will, but just not in 3 years.

I learned about this news on truthnevertold's youtube channel which is aggressively anti bitcoin and altcoin but aggressively pro-silver and gold for some reason. But seems like McAfee's statement is only painting bitcoin as a ponzi scheme even further and even a HYIP scheme to the ignorant people out there.

It'll sure be interesting though if he is going to go through with his wager if he loses though, i don't think he's flexible enough to eat his own dick....


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Anno MMXVI on July 23, 2017, 09:44:58 AM
This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: iv4n on July 23, 2017, 10:02:26 AM
This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

I saw this news couple days ago and I couldn't belive what I saw. This is crazy, and his bet is idiotic, how to take this guy seriously? I don't know how to process his statement about dick eating, this very stupid statement and I hope that this guy is joking.
Many comments about this, like others I also think that price can't go high so much in so short period of time. This guy will lose his money and his dick, I don't understand why he needed promotion like this one, he could try to be more reasonable in his prediction. But what to expect from the fool, we will see for 3 years what will happen and how close his prediction will be.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Cryptao on July 23, 2017, 10:06:39 AM
The bet makes literally no sense. If bitcoin reaches $500.000 then no one will care about their $100.000 - $1.000.000 bet with him because they've become very wealthy anyways.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Jherek on July 23, 2017, 10:37:02 AM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...

Well it's nice to see such established public figures saying good things about bitcoin. Obviously i may be biased because i do agree with a lot of things that John McAfee says but sometimes he can be exaggerative.

I think that $50k is a real possibility, the median house price is some countries. Peolpe used to think that bitcoin will never overtake an ounce of gold in terms of price, but it has. Same thing applies to $50k.

But $500k is 10x that, it could happen if USD went worthless overnight but that's probably going to be a very gradual deterioration and not something that will happen in just 3 years. It's a very bold prediction and applaud John for supporting bitcoin but bitcoin isn't all about its price and unfortunately he might have to eat his own dick :-\


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: nidacoinlove on July 23, 2017, 10:39:57 AM
This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

I saw this news couple days ago and I couldn't belive what I saw. This is crazy, and his bet is idiotic, how to take this guy seriously? I don't know how to process his statement about dick eating, this very stupid statement and I hope that this guy is joking.
Many comments about this, like others I also think that price can't go high so much in so short period of time. This guy will lose his money and his dick, I don't understand why he needed promotion like this one, he could try to be more reasonable in his prediction. But what to expect from the fool, we will see for 3 years what will happen and how close his prediction will be.
It sounds crazy, this is a publicity stunt or what? I don't understand what is he trying to proof. 500k is a huge amount and if he is predicted it in the coming three years to be the value so he must be gone through some working on it, I am astonished what kind of working will it be? There are plenty of things going in my mind to defend this 500k but nothing works on it seriously. He must be high at the time he said such a huge price and is also accepting bets about it. This is strange, he is going to be in a great mess...


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: ghostunicorn on July 24, 2017, 08:49:35 PM
This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

I saw this news couple days ago and I couldn't belive what I saw. This is crazy, and his bet is idiotic, how to take this guy seriously? I don't know how to process his statement about dick eating, this very stupid statement and I hope that this guy is joking.
Many comments about this, like others I also think that price can't go high so much in so short period of time. This guy will lose his money and his dick, I don't understand why he needed promotion like this one, he could try to be more reasonable in his prediction. But what to expect from the fool, we will see for 3 years what will happen and how close his prediction will be.
It sounds crazy, this is a publicity stunt or what? I don't understand what is he trying to proof. 500k is a huge amount and if he is predicted it in the coming three years to be the value so he must be gone through some working on it, I am astonished what kind of working will it be? There are plenty of things going in my mind to defend this 500k but nothing works on it seriously. He must be high at the time he said such a huge price and is also accepting bets about it. This is strange, he is going to be in a great mess...

That John McAfee is just an elder freak. He is also a good friend of the biggest manipulator Jihan Wu. That's why they try to claim these ideas over the community. So that they push the people for bitcoin or forked new type bitcoin.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Silberman on July 26, 2017, 11:24:19 PM
This, bitcoin has great prospects to grow but to think it will reach that amount of money then most of the world economy will need to move through bitcoin and even if the entire world was willing to make that a reality the truth is that bitcoin cannot manage that amount of transactions in the present, and it cannot manage that in the near future either, so that price is not going to happen at all the chances are zero of that happening in the next 3 years.

Another big issue is fiat currency in owned by governments. They are not just going to let billions and billions worth of wealth just go away from their greedy ownership. 
Correct the technical aspects are there, but I think the political challenges are going to be even greater, when bitcoin really gets popular be prepared for banks and governments to  spread FUD like we have never seeing before, they will try to force people to abandon bitcoin with the excuse that bitcoin is helping criminals, people are going to buy it and then a war against bitcoin may begin.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: espante on July 26, 2017, 11:27:27 PM
This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

I saw this news couple days ago and I couldn't belive what I saw. This is crazy, and his bet is idiotic, how to take this guy seriously? I don't know how to process his statement about dick eating, this very stupid statement and I hope that this guy is joking.
Many comments about this, like others I also think that price can't go high so much in so short period of time. This guy will lose his money and his dick, I don't understand why he needed promotion like this one, he could try to be more reasonable in his prediction. But what to expect from the fool, we will see for 3 years what will happen and how close his prediction will be.
It sounds crazy, this is a publicity stunt or what? I don't understand what is he trying to proof. 500k is a huge amount and if he is predicted it in the coming three years to be the value so he must be gone through some working on it, I am astonished what kind of working will it be? There are plenty of things going in my mind to defend this 500k but nothing works on it seriously. He must be high at the time he said such a huge price and is also accepting bets about it. This is strange, he is going to be in a great mess...

That John McAfee is just an elder freak. He is also a good friend of the biggest manipulator Jihan Wu. That's why they try to claim these ideas over the community. So that they push the people for bitcoin or forked new type bitcoin.

Well I won't go into conspiracy theories but John McAfee does seem like a bit of a crazy person anyway.

It's great that he has so much faith in bitcoin but ultimately it doesn't mean much.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Wind_FURY on July 27, 2017, 02:48:23 AM
Is anyone more excited about Mcafee eating his own dick in national television than the price of Bitcoin reaching $500k? I know I am!


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Friladon on July 27, 2017, 05:35:24 AM
500.000 USD seems to be on the optimistic side, but it would not surprise me if the price would got to 10k all of a sudden when bitcoin is stable. With that I mean no more fight about who controls bitcoin, but a true community consensus. Many investors would likely jump in.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: sweerty1 on July 27, 2017, 11:47:17 AM
This guy is really crazy, oh god. This isn't serious or anything like that but still how could he easily say that to happen in his account? I guess he invested lot of money in bitcoin.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Palmerson on July 27, 2017, 12:05:32 PM
This guy is really crazy, oh god. This isn't serious or anything like that but still how could he easily say that to happen in his account? I guess he invested lot of money in bitcoin.
Perhaps you are right. He's not crazy. Let's see how affected the price of bitcoin pessimistic rumors about the plugs on 1 August. Now these rumors will create a high demand for bitcoins and even if the price reaches this level it will still lead to growth of prices will allow you to capitalize on this whale.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Silberman on July 30, 2017, 06:51:15 PM
500.000 USD seems to be on the optimistic side, but it would not surprise me if the price would got to 10k all of a sudden when bitcoin is stable. With that I mean no more fight about who controls bitcoin, but a true community consensus. Many investors would likely jump in.
I think calling optimistic to someone expecting the bitcoin price to reach 500,000 dollars is an understatement, most of the world economy will need to move through bitcoin if bitcoin is ever going to reach that price, and even if I am optimistic about bitcoin, that is not going to happen anytime soon, and if it happened, at that time its value in fiat will be irrelevant since bitcoin will be the point of reference at that point in time.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: BitHodler on July 30, 2017, 07:18:46 PM
I think calling optimistic to someone expecting the bitcoin price to reach 500,000 dollars is an understatement, most of the world economy will need to move through bitcoin if bitcoin is ever going to reach that price, and even if I am optimistic about bitcoin, that is not going to happen anytime soon, and if it happened, at that time its value in fiat will be irrelevant since bitcoin will be the point of reference at that point in time.
Aside from the fact that $500k per coin is a delusional prediction at this point, it basically doesn't matter what high price Bitcoin manages to reach in the future, fiat will never become irrelevant.

If we have to look at entities with the financial buying power to move Bitcoin towards unseen levels, institutions without a doubt will top the list.

If they eventually end up allocating a certain percentage of their portfolio to Bitcoin, then prepare youself for a complete market makeover ~ Bitcoin will become a plaything for them.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: kalodu on July 30, 2017, 07:30:04 PM
I think calling optimistic to someone expecting the bitcoin price to reach 500,000 dollars is an understatement, most of the world economy will need to move through bitcoin if bitcoin is ever going to reach that price, and even if I am optimistic about bitcoin, that is not going to happen anytime soon, and if it happened, at that time its value in fiat will be irrelevant since bitcoin will be the point of reference at that point in time.
Aside from the fact that $500k per coin is a delusional prediction at this point, it basically doesn't matter what high price Bitcoin manages to reach in the future, fiat will never become irrelevant.

If we have to look at entities with the financial buying power to move Bitcoin towards unseen levels, institutions without a doubt will top the list.

If they eventually end up allocating a certain percentage of their portfolio to Bitcoin, then prepare youself for a complete market makeover ~ Bitcoin will become a plaything for them.

Fiat will never become irrelevant because it is legal tender and stores are required to accept payment in the national currency.

And yes the only realistic way for bitcoin to move up in price is if hedge funds, pension funds, banks and other financial institutions buy up a bunch and that is why having a bitcoin ETF is so important to boost its price.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: JosNekoKopa on July 31, 2017, 02:14:35 PM
Ok let call him here so he can explain to us how this is going to happen?
 I mean 6k for me is quite big success and in few years over 10k would be fantastic! but adding more zeros onto this must have more references behind that one claim. Who wouldn't like this? But behind his claims i see more personal exposure than real explanations. Typical attention seeker, let's there be honest.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Febo on August 03, 2017, 10:05:34 PM
I wonder which Bitcoin her had in mind at that time

https://i.imgur.com/DI6FeM4.jpg


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: cocoinin on September 24, 2017, 10:08:00 PM
one more

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


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: tabas on September 24, 2017, 10:28:46 PM
one more

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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Skarner21 on September 24, 2017, 11:11:01 PM
one more

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.
That honestly too high for the price of bitcoin .. but for me its just a speculation we do not know what will be the price of bitcoin but it is also good to invest in bitcoin just to save and hold them for a long time and sell it if you already made i think 300% of your investment profit.  or more ..
The speculation could be possible in the future.. if bitcoin are locally accepted in any stores locally expect it will getting more impression locally and entire web before we can see the price could be hit at $100k also i think the reason of price increase is block halving because the source of bitcoin are reduce every block halving .


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: baronious on September 24, 2017, 11:56:44 PM
Wish it would get to that price but it most likely won't.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: slackcryptoz on September 25, 2017, 02:55:13 AM
As predicted the price might go high reaching $500k, but I'm not sure about the price to reach bigger in such a small time period. This too could happen if the majority of the countries in the world show interest towards bitcoin same as that done by Japan and Australia does paving path for success.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: cexylikepie on September 25, 2017, 05:31:52 AM
As predicted the price might go high reaching $500k, but I'm not sure about the price to reach bigger in such a small time period. This too could happen if the majority of the countries in the world show interest towards bitcoin same as that done by Japan and Australia does paving path for success.
Why John McAfee say that word? Because he trust the future of Bitcoin, he believes in future, the Bitcoin community does not small as now, not only small investors invest into Bitcoin, we will have big companies like Microsoft, Amazon, Google, Apple invest into it.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: bitcoin31 on September 25, 2017, 05:45:29 AM
Even you wait forever  500k dollars for sure it will not happen. For sure the highest price of bitcoin I think is 30k dollars thats my speculation or prediction. And It hink the price of bitcoin after 3 years maybe around 15k dollars and above and if its happen for sure we can earn a lot of profit for sure. Many bitcoin more money to come with you . Invest now in bitcoin with your extra money and you will be happy for the result.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: cocoinin on September 25, 2017, 08:21:43 AM
one more

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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: vhns222 on September 25, 2017, 08:30:26 AM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: NoNetwork on September 25, 2017, 12:42:23 PM
https://twitter.com/officialmcafee/status/887012614131372032 (https://twitter.com/officialmcafee/status/887012614131372032)

He acceptes bets about it...
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Xampeuu on September 25, 2017, 01:47:11 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: LoyceV on September 25, 2017, 03:39:51 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: SummerBliss on September 25, 2017, 04:41:14 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: btctube on September 25, 2017, 04:49:41 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: ultimatesky on September 25, 2017, 07:26:15 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: eagleman on September 25, 2017, 08:37:47 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: tabas on September 25, 2017, 09:28:49 PM
one more

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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: cocoinin on September 27, 2017, 08:59:17 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Compradora on September 27, 2017, 09:18:17 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: nutildah on February 02, 2019, 02:31:44 PM
Clock is ticking for 'old Johnboy. probably shouldn't have doubled-down on that bet!  :D


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: deisik on February 02, 2019, 03:22:50 PM
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


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: nutildah on February 02, 2019, 03:27:13 PM
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!  :D


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Idrisu on February 02, 2019, 07:13:45 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: imstillthebest on February 03, 2019, 12:53:57 PM
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 .


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: DonFacundo on February 03, 2019, 01:06:27 PM
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..


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: Google+ on February 05, 2019, 10:46:16 AM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: peter0425 on February 05, 2019, 12:07:59 PM
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.


Title: Re: John McAfee: Bitcoin will go above 500k $ in 3 years
Post by: b3j0 on February 05, 2019, 02:35:48 PM
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.