Will Bitcoin rise to $500k in three years?

[Kevin77]

$500,000 per 1 Bitcoin. Are you kidding me?  ... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000.

There are just some predictions that even in normal ear are some kind of predictions that does not sound feasible. $500,000 is a very huge leap in just three years and I do not know the amount of development or uproar in adoption that could cause that huge value in a short time. All the above, we still cannot know yet since we have seen so many surprises in just this year alone, so anything can really happen.

[burky156]

500.000 for 1 BTC? It is impossible..  If BTC will rise $500k in 3 years i willl be so rich So i wish and pray for it..

[jpoker272727]

this year BTC bitcoin has gone up in the price of 6700 dollars and will continue to rise, but the problem supply for BTC bitcoin is limited so better we can only monitor what will happen once supply bitcoin runs out

As by seeing the progress rate it will go beyond 500k in coming three years as now some of region has accepted bitcoin but as time will pass more and more regions will accept it and this will increase the demand and more to it bitcoin will be able to expand its progress and popularity and that thing will also give boost to the price and I am seeing bitcoin as the global currency of the world and yeah it will be.

[Digital_Lord]

$500,000 per 1 Bitcoin. Are you kidding me?  ... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000.

Hahahaha you are absolutely right in this regard. You must know better what is good for you when you are coming in trading. And if you are good observant then surely you must have idea that this can’t happen. Yes, hope for the best but you must be a little realistic. Bitcoin are amazing in all regards but they can’t just shoot up to such big amount in three years, no.

[Granxis]

There is no difference between having 500k dollars for me and 1000 dollars for me. I follow Bitcoin for technology. I use it as a payment method. I also do not feel a feeling if the price is high-low.

[coinplus]

I think if you want to reach $ 500,000 then Bitcoin will need a bigger financial market and upcoming stock markets will list BTC and see Bitcoin as commodity and possibly future currency. Bitcoin can reach $ 1,000,000 = 1 BTC is absolutely possible

Yes, the truth is anything is possible. It is funny how some developments or some decisions by key players can really skyrocket the value of bitcoin just like the instance that you have mentioned and the fact remains that we cannot all really know what the value of bitcoin ends up becoming.

But one thing for sure is that there is so much development in upcoming years that would bring some pretty big growth in the value of bitcoin.

[michellee]

i am not sure that the price will rise to $500k in three years although it is possible to increase especially if there is more adoption in many places. but one thing that I am sure with bitcoin that the price can increase more than the price now although we don't know until how much the price will increase. with many people now is trying to use bitcoin it will affect the price to increase more because supply and demand will change and the price will increase.

[andrei56]

Imo this was just a media stunt to gain attention. You can't seriously expect Bitcoin to reach 500k in three years

I think this is the right answer if a person gave a prediction like bitcoin is going to reach 15k in 2020 then no one is going to freak out since that seems like a very possible scenario but if you want to generate clicks and discussion you need to give ridiculous high or low numbers.

[InvisibilityFP]

$500K, for 3 years, for me i think that impossible, but i hope that happen
if $500K so many people will reach

[Kyon]

Don't really know that Bitcoin can reach to 500k$ or not but I hope so )). But I think this amount is too big and maybe it'll take much longer to reach to that amount. In my opinion in 2020 Bitcoin only can reach to 15 - 20k$.

[sanjoant]

Bitcoin @ 15k around 2020 is very much possible. But do anyone think there will be a huge correction before that.

[mrcryptosocial]

Yeah there are various possibility of bitcoin right now but i donot want to be that optimistic but surely it will be arround 20000usd mark by that time.
But to gain all the profits you have to hold your bitycoins ,there will be market dips we need to control our nerves at that time.

[chadzscript]

Who knows? Hm i don't think so, i checked bitcoin value and as i spected it  increased, so maybe yes, maybe no.

[thecodebear]

I think it is certainly possible for Bitcoin to reach $500k, though not in three years. If it happens it'll be more like in 10 years.

Three years it should be somewhere between $50k-$100k, probably closer to $100k.

[hello_good_sir]

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

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

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

Eventually, it will happen with the depreciation of fiat naturally. But just not now.

[Kikeeping]

Looks impossible if in 3 years bitcoin shot up to $500K. Because this will have a negative impact to fiat globally. Perhaps, the world's central banks will take action.

[Kurokonobasuke]

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

That's too much in my opinion and also absurd to think that Bitcoin will be able to reach that huge amount of value in just a short period of time. Maybe that conclusion was drawn because the rate of increase on its market value is high at this moment but we still don't know until.when will it continue. So i yhink it won't be possible in just a short period of time.

[KingdomHearts]

Maybe he is right. Because you can see the growth rate now. It's about 700%/year, too high. However, to be honest, I don't believe. 

It is quite strange to hear that you do not believe in the increment of prices in the upcoming years. As far as the current situation is considered the bitcoin value is among the greatest of all possible. the price fluctuation is a common matter all we have to do on our behalf is that we should not use any  hope  and must  keep on  saving the digital currencies  so that it would benefit us in future.

As per present Bitcoin value is somewhat more than dollar 7000 and obviously it is going to increase more if the users would increase in number.

[Duzter]

The price seems to be big to be achieved in such a short time period. In my view it has got the possibility to reach $100k, because when a single country made an entry to bitcoin legally the growth experienced is big. If the same continues with more and more countries reaching $100k won't be a big deal.

[Wexnident]

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

I think that would be impossible to think that its value will jump from more than 7000$ to 500k $ in just three years. That's absurd even if the rate of increase on its price is really high. Also, that would be much expensive as a currency to have that huge amount of value in the market. If this thing is possible, it would take long years to pass for this thing to happen.