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

[altercreed]

Anybody can speculate about bitcoin's market cap, price, future, and anything they like but it all stays with that as we really don't know what is going to happen. John McAfee can be right or he can also be wrong and to my opinion, i think his prediction is way too high with that period of time only.

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[h0lybyte]

Even $100k looks too hard for bitcoin, how can we expect $500k in a few years ? Bitcoin may possibly reach $100k if world's all crypto investors leave from altcoins and move to bitcoin. Right now market capitalization is not sufficient to reach this level but it is every crypto lover's will to reach that level

[unusualfacts30]

Even $100k looks too hard for bitcoin, how can we expect $500k in a few years ? Bitcoin may possibly reach $100k if world's all crypto investors leave from altcoins and move to bitcoin. Right now market capitalization is not sufficient to reach this level but it is every crypto lover's will to reach that level

You never know what future holds for bitcoin. I think it was just the prediction to gain publicity just like any other prediction. Whether it comes to fruition or not is different story. He got the attention he wanted from it. $50k is fairly possible in 3 years time but I'm not so sure about $500k but who knows, if you had asked people few years ago they would've never guessed that btc would reach the price it has reached today and in the past.

[Fundamentals Of]

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???

There is a high probability that the total market cap of Bitcoin will reach 8 trillion USD. That is something we can easily accept although it will definitely take more time, much longer than 3 years. With regard to John McAfee releasing brave statements such as Bitcoin reaching $500,000, I know a lot of them are mere exaggerations that should not be taken too literally. Bitcoin will get to that point but not within 3 years.

[nemagia]

He has already been wrong with his predictions repeatedly, why then believe a man who does not know what he is saying. I think you need only listen to your own opinion and rely on your strength.

[cryptobotz]

Just believe in your self and look at the market situation

[Suslived]

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?

$500,000 USD? Hehe. That right there is pretty far-fetched. However, I easily understand bitcoin increasing in value, but probably not that fast.

Now that i think of it however, it could actually be possible, probably if all exchanges suddenly break down and millions of bitcoin are suddenly frozen. The remaining bitcoin would either be so valuable or probably useless already (faith lost in bitcoin and crypto).

[livingfree]

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.

His actions speaks louder than words which is his speculations that bitcoin shall hit $500,000 or more than that within few years.

He said $1,000,000 and it gave some enthusiasts a chill and hope that long term holding is the going to be the trend up to this date and for the next years to come.

I would listen to low profile economists that are serious and real with their speculations and too good to be true numbers.

[Harlequill32]

Well, screw him. I don't think it would reach that far in that time span. Anyways, do people really believe on what he is saying? I mean, he's just a dude that is paid to promote and hype stuffs so everything he says is just part of a promotion at some point. BTW, I was searching for a good ICO right now have anyone looked into this ico www.menlo.one?

[pageraji]

i think mcAfee is spreading world for bitcoin get famous and hope new buyer and fresh money coming to invest in bitcoin,, for me its not important for believe or not believe but its a good news for crypto world...

[mistajackson]

Guys on crack tbh

[European Central Bank]

not for one second. he pulled the number out of his ass because it brought him a lot of attention. and when one million dollars started to sound better he went for that because got even more attention.

[lordaquila91]

there is no way this will happen in just 3 years...

[mr_smith99]

no way in 3 years. the market needs more time for that

[asriloni]

i think mcAfee is spreading world for bitcoin get famous and hope new buyer and fresh money coming to invest in bitcoin,, for me its not important for believe or not believe but its a good news for crypto world...

Lol Mcafee was yelling about a lot of non-sense words and then SEC has been kicking his ass to not to do it again
https://cointelegraph.com/news/john-mcafee-will-no-longer-promote-icos-cites-sec-threats

The latest nonsense project that has already promoted by mcafee is a docademic and sound doesn't look good at all. Mcafee should retire from the speculator's job and he must find a new way that better than it.

[mr_smith99]

not for one second. he pulled the number out of his ass because it brought him a lot of attention. and when one million dollars started to sound better he went for that because got even more attention.

he is full of shit..

[Sephire]

Mcafee has pumped many bad ICOs in the past and has plenty of wildly high price projections for many other coins on his twitter so hard to take his seriously. Tim Draper gave a bitcoin target of $250K by 2022 in a recent interview that is more plausible. Tim Draper has been generally  correct on bitcoin price forecasts in the last few years and is a big hodler as well.

[Dragonrage201]

Mcafee upped this target to $1 million later in 2017 with end date still Dec 2020. Hard to believe such a high target unless it actually happens and probably will take more time.

[arthotdog]

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???

Never believe in that crazy person whos always wanted to seek attention,but the truth is what he aim is to gain followers so he will become popular and then those Dev of every project will pay him for hes advertising ,because hes popular then but its not fair all he's speculations are based with sole interest and not for others

Stop fantasizing because this is impossible to happen,only fool will trust that man

[Ruicosta.ac]

I do not believe in Mcafee's prediction because looking at the market today is hard for it to reach that price.