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Author Topic: Bitcoin = $1 Million by 2020  (Read 5706 times)
eann014
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December 04, 2017, 03:29:47 PM
 #81

John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020.
He wrote in Twitter: "When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong."

Can yo believe this? What are your own predictions?

Lol. Well, if that is true, then that is good for all of us, nothing is impossible because as of now we already experience a fast moving price of bitcoin that is also why he change his prediction on that speculation of his own. I think there is nothing wrong if we believe but as of now we just really need to be sure and also be careful in all what I read, not all what we read is true, we also need to be careful especially with our bitcoin.
hheight
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December 04, 2017, 03:32:26 PM
 #82

John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020.
He wrote in Twitter: "When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong."

Can yo believe this? What are your own predictions?

This guy doesn't know what he's talking about. Just look at him at google - he likes to PR on everything. $1 Million is waaaay too high price for Bitcoin.
Maheshkumar_Hrangkhawl
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December 04, 2017, 03:38:42 PM
 #83

Market cap of $20 trillion by 2020? Do you think that the Wall Street will allow that to happen? You need to remember that Bitcoin is a decentralized asset which can never be controlled by the government. Sooner or later, we are going to face stiff opposition from the authorities.
mondobitcoin
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December 04, 2017, 03:41:33 PM
 #84

I don't think that is possible, yes the price is growing fast, but not so fast
I think that the price can increase 10.000$ in 1 year, so in the 2020 the price can reach 30.000$ , but maybe I'm wrong Smiley
reck1ess
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December 04, 2017, 03:45:09 PM
 #85

Bitcoin is still unpredictable. No one really knows what will happen on the future. But what he say might get true since it encourages people to invest in bitcoin thinking it might hit 1million and since bitcoin value depends on the demand, it is possible. What McAfee did was advertising bitcoin so that it's price will rise.

HagueCrypto
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December 04, 2017, 03:47:28 PM
 #86

1 million  Shocked Impossible man.

I will be happy if Bitcoin hits $100.000 by 2020.
novhitadaloma
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December 04, 2017, 03:49:49 PM
 #87

Bitcoin is improving in the end, and I will not be patient with what will happen in 2020.
yamortsac
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December 04, 2017, 03:54:06 PM
 #88

I know all investors here will like that your predictions of $1 million bitcoin price by 2020, but I don't think it will happen in that short period of time. Bitcoin still has a lot more challenges to conquer before it can reach it that price.
MrCrank
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December 04, 2017, 03:56:29 PM
 #89

I don't know if John has any statistic or formula to support his prediction  Roll Eyes

I'm not saying that bitcoin wouldn't reach that price, but it seems like he is too aggressive in bitcoin price...

Really good news for me Smiley I hope he is right..
Let's wait and will be reach soon Wink to the moon!
Need hold bitcoins now
dreamer81
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December 04, 2017, 04:02:55 PM
 #90

And this other director from some bank said it would crash, so can we just agree that it will be somewhere in between those two predictions? (500.000) pr bitcoin by 2020.... that sounds fair enough, but we are still in the beginning of this revolution. 1 billion per coin is within reach!
kalodu
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December 04, 2017, 04:04:27 PM
 #91

And this other director from some bank said it would crash, so can we just agree that it will be somewhere in between those two predictions? (500.000) pr bitcoin by 2020.... that sounds fair enough, but we are still in the beginning of this revolution. 1 billion per coin is within reach!

1 billion is just ridiculous, that would make bitcoin more valuable than all the assets in the world.

Chris314
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December 04, 2017, 04:06:41 PM
 #92

1 million dollar per bitoin in 2020 means it has to increase by 1000% every year. Already done for 2017, but it has to go up with same speed the two next years to reach 100k$ by end 2018 and 1M$ in 2020. Not sustainable in my opinion, the need for bitcoin won't increase that much in the next two years.

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tambok
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December 04, 2017, 04:07:00 PM
 #93

And this other director from some bank said it would crash, so can we just agree that it will be somewhere in between those two predictions? (500.000) pr bitcoin by 2020.... that sounds fair enough, but we are still in the beginning of this revolution. 1 billion per coin is within reach!

1 billion is just ridiculous, that would make bitcoin more valuable than all the assets in the world.
It is not possible, as the demand is continuing to increase so it is not impossible that the bitcoin price will be a million dollar worth after a decade, so invest your bitcoin while you still have it, while you can still afford to have it and can still save it. Be positive always as the experts are always saying that it is possible.
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December 04, 2017, 04:08:15 PM
 #94

I do not know the actual predictions for bitcoin prices in the future, but if bitcoin prices can reach $ 1 Million by 2020 I think it would be very good and put bitcoin to its strongest position in cryptocurrency.

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Olalomi
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December 04, 2017, 04:10:17 PM
 #95

This speculation by McAfee is just an exaggeration it is very obvious that $1M mark cannot be attained in 2020 although the price might be very high maybe $50,000.
setifien19
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December 04, 2017, 04:15:58 PM
 #96

Unbelievable  Shocked Shocked 1M is super-over normal growth , if his last prediction was x2 ( by the end of 2017) then nothing can confirm that it will be the same proportion growth for 2020.
I think he will eat his dick next time Tongue
rahmanrock
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December 04, 2017, 04:22:14 PM
 #97

well actually its really hard to predict the BTC price of 2020 right now.But i personally dont think that BTC won't claim up in that much hight in the short preiod of time  🙂 But you never know what will happen next in the world of crypto  😉
cybersofts
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December 04, 2017, 04:26:30 PM
 #98

John McAfee is the number one guy for creating massive speculation about bitcoin.
And i think that is a good thing i guess because such speculation helps in boosting the bitcoin price.
The problem with speculation and FUDs sometimes they can be good and sometimes they can be bad too.  
tikaka
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December 04, 2017, 04:37:43 PM
 #99

I think this is a bit exaggerated. Its value will increase but it will not reach that value. By 2020 I think it will be legal to the whole world and its value will be more stable.

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December 04, 2017, 04:41:55 PM
 #100

what i am sure for it, is that bitcoin will still increase his price more and more , even others cryptocurrencies
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