Bitcoin = $1 Million by 2020

[Slow death]

John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020.

he is known for making very high forecasts and making very risky promises

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."

Here again he makes very high predictions and makes very risky promises, but he talks about some method he uses, it would be very interesting if he shared this method, maybe if people could see such a method they would not have overestimated the predictions he made.

Can yo believe this?

I did not see the method he used, so I do not believe it's possible to reach such a price

What are your own predictions?

we can probably reach $50,000

[zemb]

If the price of bitcoin reaches $1 Million/BTC. So, I am very happy because I invest 5 BTC for it. Lambo is coming 

[ReLieD]

Seems possible. Like if you forget about the number and look the the growth. Then in one year it had grown  upto 10 times it's price. So after 3 years it should rise upto 10³ times , which is 100,000 according to today's price.

[BitBenefit]

Although we all wish for that to happen i think it is kind of unrealistic.

[Wayan_Pedjeng]

Can it reach that level? If it happens then all of us will be millionaires. Considering that there is a supply of around 21 million coins, there can be hundreds of thousands of new millionaires. And Satoshi can be a trillionaire.

[ahmad21]

If things continue to move at the pace they are moving now then this is absolutely not a dream. Who ever thought at the begninning of the year that you would see bitcoin at $11000 by the end. It was just at 1000 at the year start. I think the price of bitcoin is not affecting its ability to multiply its moving towards a million strongly like a bull.

[emberbekas]

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.

Yeah, $1 million/btc is a bit too exaggerated. Only 2 years away to 2020 and today's price is still around 11k. Although I believe that bitcoin price will continue to rise but that number looks impossible to touch within two years.

[pat4cryptoreal]

This prediction is mind blowing. In just three years bitcoin price can not get to that amount. If it does it will attract negative attention of government.

[elie_s]

Bitcoin has been circulated since 2009 8 years later it hit 10k why would it hit a million in 3 years!! John is a funny dreamer

[mahibul49]

anything can happen.we will just see .but i am agree with mcafee .i can see bitcoin 100k in 2020
see the recent growth of bitcoin.you will realize same as me

[Vasilyi2103]

will it be worth a million bitcoin, it certainly is now wygladem a fairytale, but when bitcoin will cease to be produced, its price will immediately soar to the tens of thousands $, it seems to me that it will soar into the hundreds of thousands of $   

[SamReomo]

It is true that Bitcoin is increasing very fast, but I am not sure whether his prediction will be right or not. It is the future of major businesses. Like dotcom bubble Bitcoin bubble will also take place once it reaches millions. It is not a million dollar industry but one day it will become a billion dollar industry.

It is literally not smart to think that the Bitcoin will reach 1$ Million in 2020. But being optimistic and having hope is not bad. Even if it doesn't reaches 1$ Million but it will cross 200 or even 300k mark. John McAfee might be too greedy to predict Bitcoin to be 1$ Million. However, it might reach that peak in 2025 or later.

it reaches 1 million you sell it, then it reaches 10 million then you gonna be like the fools that are kicking themselves in the arse.  Everyone said it wont reach 10,000 by 2017

I strongly disagree with your point; you know why? Because I won't sell all of the Bitcoin that I own for 1 million, but yeah will sell some of them for sure. It is no harm to make some great profits in few years, but it's stupidity if someone wait for BTC to reach 10 million peak. Life is short and patience to some extent is a virtue, but waiting your whole life believing in 10 million peak is kind of stupidity to me.
For me it's hard to believe that Bitcoin will reach the peak of 10 million any soon. It might take it more than 10 years to reach that peak. And, to be honest, waiting for 10 years is liking waiting for your whole life.

[fulmetal08larz]

It is not impossible to reach at that level but it's a long shot. It could become true if bitcoin has replaced fiat and the world is using only one currency, which is bitcoin. It is a better world that we are all dreaming of wherein the world will unite as one. It could not happen but still, I am hoping for the best to come.

[JanpriX]

This may be a very steep climb (to $1 Million) but I think this is not impossible. Take note that people few months ago are very skeptic about BTC's price and they are not seeing it reaching the $10k area but look at where we at now. This is the outcome of people adapting it and buying it regarding its price. McAfee's bold prediction can come true if the rate of adaptation regarding BTC continues in the coming years. Also, consider the FOMOing effect that it may produce alongside with it. I'm very bullish with BTC and hoping that it will attain that height in 2020.

[capt.khannaa@gmail.com]

BTC 1 million ... If it is going to happen ever in life... many people are going to be millionairess...Lolz..
By the way what is the prediction... before 2025 or AFTER...?

[Hannibalis]

He is either so optimistic or he is bluffing for some reason. Bitcoin is already growing so fast and i expect a hard correction soon.

[tam31]

$1 Million when it is 2020 ? I think not Bitcoin is not that used like dollars and many more people are still trusting dollars and euros instead bitcoin. When it is 2020 i think that the price will be higher but not a million.

I rather think that bitcoin will be $50000 or even $100000, but that would shock the whole world.

[ismadanniel]

maybe can reach the target if bitcoin will be the must subject in school..so the more people know about bitcoin the more people will buy(demand)

[brainape]

maybe can reach the target if bitcoin will be the must subject in school..so the more people know about bitcoin the more people will buy(demand)

Bitcoin is the most popular and known cryptocurrency in the world that’s why people invest in bitcoin more than others cryptocurrency and that’s the reason why bitcoin price increases rapidly because the price if bitcoin is directly proportional to the number of people who invest in BTC, if the number of people increases the price of bitcoin will must increase. In 2020 I am not sure that BTC price will reaches to 1 million but we only hope that it can be possible.

[thet]

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?

Well, let us hope for the better future of btc and our better future too. We are all lucky if that may happen in the future. I hope by that time i already have a lot of btc.