Do you believe John McAfee is right about Bitcoin hitting $500,000 in 3 years?

[Powerpuff]

When BTC captures an industry, it doesn't really matter what it is, when it dominates any industry as THE way to trade, value will skyrocket. That skyrocket will self-perpetuate another cycle of boom and bust, but the settling point will be far higher than today's prices. When we go from 1% of people owning bitcoin to 5% it will be a major move in price, easily to $100k and beyond.

When you think about the volume of money that moves around, and BTC is going to have to account for a substantial portion of that flow, $500k is not at all unrealistic and it will be here before we know it.

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[belovni@gmail.com]

I don't think so. Bitcoin will be degradated, ethereum will get on top. In a year bitcoin's value will decrease, after that increase, but only to 10.000 $, not even close 500.000 $.

[DronBudloS]

I do not know how he can be trusted. Yes, he fulfills part of his promises but needs to understand that his promises about the courses are just not serious.

[Vit83]

All waiting BTC at higher than 100000 but now nobody can say where will be bottom and when) IMHO it will go up when all will wait it at 500 usd)

[pacifista]

This time mcAffee is wrong in his prediction to bitcoin price after 3 years. As you can see bitcoin suffered since the start of the year and no sign of coming back, cant wait to see mc affec licking his own d on live tv.

[xenomorphe1]

No, i don't believe it is possible. It should be a very very big manipulation of the Bitcoin to reach $500'000 in 3 years. Or a fall the USD.

[beebee187]

I think it would be a long shot for bitcoin to reach 500k in three years. I hope I am wrong, but personally I just don't see it happening. On top of that McAfee seems like kind of a nut, so I definitely wouldn't invest based upon his speculations.

[conectum]

Well the guess is 1 mil at the moment in a year and a half as he said he was being conservative about it. There is a chance it might happen of course, however the price would have to start jumping significantly right now in order to achieve it.

[BTcoint]

So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that???

I don't believe in John McAfee but i do believe one day bitcoin price will be more than $500,000 because of more people joining the race with limited rare supply (21M) , not exactly happen withing the coming three years  . 

[startselect]

No I do not believe it will hit that much in 3 years, simply because it seems the mainstream public has gotten cautious with it.

[ArjCrypto]

I would be surprised 500k will be reached within 3 years. But i think 250k must be possible within this timeframe. We all have seen how fast it can go and we are still very early in the game.

[OuterTech]

Absolutely not, I don't trust this guy although sometime his predictions was true. He's just a promoter so he was paid to promote for all ICO projects and cryptocurrencies. Although I believe in Bitcoin and cryptocurrency but I don't think Bitcoin price can be able $1m at the end of 2020 and for now, I'm waiting to see how will he live without his dick

[KeithBeeCham]

Its really hard to speculate the value of Bitcoin.

But, He could be right but it will depends on people if they will join the train once it hits more than $100k since it really risky.

Although he was right about so many predictions before but this time, I can ensure that it'll not come true and BTC price will not be $500k or $1m at the end of 2020 and John McAfee will have to eat his own dick on TV . I don't know how will he live without it ). Maybe he'll have to go to Thailand to fix it. LOL

[Kwadwogray]

I don't believe entirely in so-called expert predictions. There are many factors that affect the price of bitcoin, such as FUDs, Good news , the effect of some whales who try to manipulate the price of bitcoin and so on. Demand and supply forces are the major drivers. The people in bitcoin market have more power than the experts concerning bitcoin price.

[bananaunana]

So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that???

This is a good question! I think we all know about McAfee he is very optimistic. Personally 100.000$ in 3 years are enough.

[livingfree]

I would be surprised 500k will be reached within 3 years. But i think 250k must be possible within this timeframe. We all have seen how fast it can go and we are still very early in the game.

I'm not thinking with $250,000 - $500,000 within 3 years. $100,000 is what I'm thinking but we will see.

John McAfee can't be trusted with his opinion/predictions. I'm not believing with his words anymore before it's encouraging but with his acts it's hard to depend on his words.

I think it would be a long shot for bitcoin to reach 500k in three years.

It will be a long way for bitcoin to hit $500,000 but who knows if there's a sudden increase to the market cap.

[yonnymen]

Guys on some mad drugs tbh, I question some of his thought process. Such valuation is overkill, even though I'm a Bitcoin fan boy.

[zedicus]

I would be surprised 500k will be reached within 3 years. But i think 250k must be possible within this timeframe. We all have seen how fast it can go and we are still very early in the game.

I'm not thinking with $250,000 - $500,000 within 3 years. $100,000 is what I'm thinking but we will see.

John McAfee can't be trusted with his opinion/predictions. I'm not believing with his words anymore before it's encouraging but with his acts it's hard to depend on his words.

I think it would be a long shot for bitcoin to reach 500k in three years.

It will be a long way for bitcoin to hit $500,000 but who knows if there's a sudden increase to the market cap.

Im totally agree with your reply and his actions becomes more not realiable for all what he's done with this past 2017 after his prediction is getting reach he use that opportunity to shill more and get more active in twitter and predicting bitcoins.

[shoreno]

I don't believe entirely in so-called expert predictions. There are many factors that affect the price of bitcoin, such as FUDs, Good news , the effect of some whales who try to manipulate the price of bitcoin and so on. Demand and supply forces are the major drivers. The people in bitcoin market have more power than the experts concerning bitcoin price.

I don't believe entirely in so-called expert predictions.

same here. i dont think that there are so called experts or pro that can fully predict the future of bitcoin. those people are just normal individuals and they cant just forseen what will happen on the future.

The people in bitcoin market have more power than the experts concerning bitcoin price.

of course people that invest or buy btc are still more powerful than those who dont have a btc and just only predicting random stuffs regarding on what will be the futre of bitcoin.

investors are the ones that trully control the price , not those so called experts.

[Captainluffy24]

As time passes by, the supply of this coin decrease so technically the price will go up. If the demand for this coin will not change and the hype and supporters will remain there is mistake the coin will sky rocket again but $500,000 figure is too high.