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

[showbiz111]

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???

[kingzpro]

I personally think that $100K can be achieved in next couple years, but $500K looks too hard to achieve as yet but it is highly volatile crypto market, you never know what happens.

[X-ray]

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 think so and why? The majority of experts are knowing about John as only a speculators. Said so many people are never thinking about that. Loot at the chart and then you will be seeing about the fact bitcoin worth only 10,5k at the moment. In 3 years the total supply of bitcoin will not have reached. that means if that was a crap statement from john mcafee to make FOMO.

[Ciucas]

I don't think it's possible. Just think about it, if Bitcoin would hit 500.000$, how much room do you think it will have to grow then ?
I mean, who would buy bitcoin for 500.000$?

[maliboom]

Do you believe John McAfee? I believe that everything is possible in cryptocurrencies. Following the trend of growth that is the value that should reach. But rules and regulations could come to stop the race

[kingzpro]

Do you believe John McAfee? I believe that everything is possible in cryptocurrencies. Following the trend of growth that is the value that should reach. But rules and regulations could come to stop the race

Rules and regulations can also work in favor of the crypto market in general and bitcoin to be specific, as investor's confidence will grow and big investors will jump in crypto market once it gets fully legal and compliant globallly.

[wakier]

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???

Im believe,  nothing imposiple in cryptoword,  mc afee is the best promotor in cryptocurrency,  He must have a reason to say bitcoin for $ 500k in 3 years,

[alko89]

Bitcoin price might stop rising that much due to all altcoins and tokens sprouting out everywhere.

But McAfee is a paranoied mad mad...he's probably right.

[SpringfieldM1A]

500,000$ is high, really high... As showbiz111 stated, hitting 500k mark would mean 8 trillion dollars of market cap. You don't understand how big 8 trillion dollars is. For comparison: in 2017, GWP (Gross World Product) was 80 trillion dollars and it's rising aound 1 trillion each year. What McAfee suggesting is that BTC alone will make up %10 of worlds economy. What will happen to altcoins? What he's saying is lunacy.

[cryptor47]

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???

500k sounds like a very low probability. But you know, impossible to say how high the bubble will go at it's highest in a couple of years. Not impossible, but don't count on it. 100k will be fun enough  

[bitcoin31]

I don't think the price of the bitcoin will increase at $500k because even you wait few years it will not happen.  Brcause the possible price of the bitcoin and this is the highest and the percent to happen is very low which is $100k. Or maybe bitcoin will die in the next few years.

[limmousine]

Do you remember the bitcoin price at the beginning of last year? At the beginning of last year, bitcoin prices only ranged between $800 - $1000. Are you predicting bitcoin prices could rise to 20 times by the end of last year? Everyone does not think and by the end of the year, bitcoin reaches $19,000 even nearly $20,000.

That is a surprise and I am sure such a thing will happen again. 3 years from now it's possible to bitcoin achieve it.
I do not expect to reach $ 500,000, but I'm sure bitcoin will exceed the highest price in the last year.

[kulakvlad]

In early December, still believed. Now it is difficult to imagine, but everything can change at any moment

[Fobrins]

When we look at the price of 500k it sounds enormous. But Bitcoin have surprised us many times or not with his value.
I think it is possible. That would be just 50x from current price or 25 from the highest price of Bitcoin.

[bananadines]

I think 100k is a great target for now and 500k will need some more time.. It will be a hard time to survive until we hit 100k for 1 BTC. But it is possible and maybe we will see 100k next year or in end of 2018!

[thresher]

It sounds mostly plausible. By the end of this year it's mostly expected to hit around 100k mark. If that happens, seeing something close to 500k in 3 years seems rational.

[TheAndy500]

It sounds mostly plausible. By the end of this year it's mostly expected to hit around 100k mark. If that happens, seeing something close to 500k in 3 years seems rational.

It is hard to imagine achieving such a high price in 3 years. What would have to happen to the price rose to $ 500k. I think all countries would have to legalize cryptocurrencies. I think that 100k $ is already a very high price.

[linkybit]

John McAfee can speculate it at any value but I think $500k in 3 years is not achievable. Maybe we'll see it around $100k after 3 years.

[maxim4eg123]

I think the chance for bitcoin to reach $ 500000 in 3 years is 0.1%. very difficult. Need a lot of investment in cryptop. to achieve such a price

[preshpr1nce]

As the market cap increases, the % gains typically reduce in markets, much easier to go from $1000 to $10,000 per coin vs $10,000 to $100,000
If we have a really good year, perhaps $50k at the end of this year, then back down she will go early next year