How Likely Is It That Bitcoin Will Hit $500k In Three Years??

[bellamente]

I think that the price of bitcoin by 2020 can reach $ 100k.

The complexity of mining is growing and the miners want to make money.

The market of cryptocurrency will grow and the price of bitcoin also. But I would not be surprised if the price of bitcoin is 1, 000 dollars

[supermine]

Inspite of this downward pressure, bitcoin managed to combat its way back previously mentioned $8000 and used the vast majority of the weekend investing in the vicinity of $8,200.

Do you believe McAfee is right about Bitcoin hitting $50000 in 3 years?

@OP you are saying about $50K or $500K ?

In three years $50K maybe possible but for now anything is impossible to predict we need to believe in the bitcoin and hold it,maybe it can pay you off in three or five years.

[nidacoinlove]

I guess the OP was super excited while creating this topic where in topic it is $500K and in the he wrote $50K. It should be corrected first. Anyway coming to the topic, right now it doesn't seem that it will happen but as we all are well aware of Bitcoin. No one knows what is gonna happen the next moment. Therefore, can't say anything about it. If it happened it will be fun I will become a multi millionaire.  
Hope for it to happen but once again I will repeat my own words, it requires an extreme level of adoption for the price to hit that target.

[tomahawk9]

Even with the lightning network going full mainstream with major companies accepting Bitcoin as a method of payment worldwide, I don't think we'll see 500k, not in 3 years and not in a very long time.

Do you believe McAfee is right about Bitcoin hitting $50000 in 3 years?

The guy is a clown, but 50k in 3 years doesn't sound too bad imo, considering that we might see another bull run in the next few years, plus a massive wave of bitcoin adoption, I'd say the probability of reaching the 50k mark is very high.

[KingScorpio]

Inspite of this downward pressure, bitcoin managed to combat its way back previously mentioned $8000 and used the vast majority of the weekend investing in the vicinity of $8,200.

Do you believe McAfee is right about Bitcoin hitting $50000 in 3 years?

it depends weather the diversification of media attention kicks in or not, if it kicks in bitcoin wil become just a rude cryptosect nothing more,

if media doesnt diverse attention like the banksters quickly lose even more trust,

bitcoin will in the end lose because its also destroying its basis, the remaining trust in the us banking cartel

[miyaka26]

Inspite of this downward pressure, bitcoin managed to combat its way back previously mentioned $8000 and used the vast majority of the weekend investing in the vicinity of $8,200.

Do you believe McAfee is right about Bitcoin hitting $50000 in 3 years?

You missed 1 zero there as McAfee said $500k but he changed that bet and he makes it $1M by 2020, for the current run of the market overall it is impossible to achieve that price of bitcoin it will take tons of corrections, manipulation and price fluctuations before we can reach that price for example as you see last year how bitcoin pump so far and how deeply it dumps right after the ATH.

[cellard]

Just bookmark this website and follow the price according to the McAfee prediction algorithm:

https://bircoin.top/

This website is fantastic, you can not only follow his curve but enter any values and follow your own prediction model.

McAfee prediction is still not that bad, as long as we don't fall under 292 days below, then it would start being delusional it will happen. For now we are 100 days below, not that bad compared to the 292 ahead peak of the 20k december bubble. I predict a new massive exponential bubble will level out the curve again.