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

[CLywaTeLb]

In two years, the reward for the block will again be reduced by half. To keep profits at the same level, miners need to have a BTC's price twice as much. Either significantly reduce the complexity, so that energy costs will be reduced (unlikely). Much higher prices are speculative and will not last long.

[crypto1010]

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???

We are getting so many predictions such that no one is taking these guys seriously of where bitcoin is going

and the probability of Bitcoin hitting $500,000 in 3 years is very low because volatility is still high unless this drops and institutional investors actively invest in crypto raising the market cap and btc price simultaneously

[oaks05]

i dont really see it being worth this much anything is possible, but weve def taken a big step back compared to last year, once we shake out some of these bad projects, i think we will see growth across the board again.

[South Park]

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???

No it is not going to happen, there is nothing wrong with being bullish in your predictions about bitcoin but that to me is not being bullish but being delusional, I think there is a decent chance that bitcoin reaches 50k by the end of 2020 or at least it will recover the price we saw of 20k but to think it can reach 500k in just 3 years is something that seems impossible to me.

[coinwizard_]

In two years, the reward for the block will again be reduced by half. To keep profits at the same level, miners need to have a BTC's price twice as much. Either significantly reduce the complexity, so that energy costs will be reduced (unlikely). Much higher prices are speculative and will not last long.

A lot of people have forgotten about the halving which usually has a positive affect on the price. However, it is 2 years away and investors are inpatient - they want rewards now! Still good to keep accumulating during this low period for that particular event

[goovsy]

John McAfee is crypto freak and troll but who knows may be he shot in to the dark and hit the bull`s eye!  Hope so!

[TripleDrible]

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 think that of course not, it's impossible. To do this, the number of coins should be very much reduced, or the coin should replace the Fiat. What will never happen. McAfee is a popular media personality and a great crypto enthusiast, he advertises any coins and there is nothing surprising in such statements.

[Bthd]

I dont believe John McAfee, he is always have new lies but i'm sure it will be 500.000. Crypto world should win this war for better future.

[rodel caling]

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'm a bitcoin believer but the 500,000 usd price in 3 years  prediction are very impossible i do not believe on that price hitting by bitcoin in the short time from 7plus usd currently value upto 500,000k usd let analyst the distance of price gap. i'm not a negative thinking but i telling my true feeling about that prediction but happy to if that price reach in 3 years.

[poncik]

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???

Although John McAfee is just an ordinary speculator, I really hope to see that the price of bitcoin will be more higher than $500,000 in the next years.

[uray]

In two years, the reward for the block will again be reduced by half. To keep profits at the same level, miners need to have a BTC's price twice as much. Either significantly reduce the complexity, so that energy costs will be reduced (unlikely). Much higher prices are speculative and will not last long.

The price of bitcoin is not determined whether the miners are profiting or not but with the investments coming into it, if there is no solid investment coming up the price wont go up, when the reward reduces the amount of coins in circulation also reduces which increases the price naturally and that is what i am expecting but i really do not care what McAfee predicts.

[tabas]

For everyone that are not updated with this prediction, it was changed to $1,000,000.
I don't believe with McAfee anymore and you know what's the latest news about him? His planning to run for US presidency.

AHA so now i see correlation between his BTC prediction and his candidacy if he will make BTC main currency in USA instead of dollar his prediction can come true easily.

I'm not sure if there's a relation between or there really is. But who's going to vote for him?
I don't think that he can be success in the public office that way, it's just too high for him to handle, I guess.

[teskostecenje]

I wouldnt really trust or take seriosly anything that John McAfee says or does that is anyway related to crypto because that guy is nuts and only reason that he is involved in crypto is money.He is asking for 100k$(and getting that amount)for 1 single twitter post where he shills some shitcoin

[cheezcarls]

As much as I love to see that coming, I just want to be realistic here. I think in 3 years time, Bitcoin might reach up to $100k or less. It would be great for us to see Bitcoin hitting $500,000 in 3 years time. We can predict all we want, as we are free to do so, but it's all about getting realistic when it comes to the price of Bitcoin due to the good and bad situations we have right now.

[Lontonbit]

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???

We are getting so many predictions such that no one is taking these guys seriously of where bitcoin is going

and the probability of Bitcoin hitting $500,000 in 3 years is very low because volatility is still high unless this drops and institutional investors actively invest in crypto raising the market cap and btc price simultaneously

Volatility is high because our market cap is small and still very new. Every emerging revolutionary technology that has ever happened has been volatile early on but slowly becomes more stable as it reaches mass adoption. I am absolutely stunned that people don’t know this?

[go4crypto]

Tim Draper has a $250K forecast for Bitcoin by 2022. Some others have forecasts ranging in $100K - $1m too but nobody has that short a timeframe as McAfee. Time will tell how high it goes.

[South Park]

Tim Draper has a $250K forecast for Bitcoin by 2022. Some others have forecasts ranging in $100K - $1m too but nobody has that short a timeframe as McAfee. Time will tell how high it goes.

Time will tell what happens but at the same time of all the predictions it is the less likely to happen, the price is too high and the time frame too short, I do not want to come across as a someone trying to spread FUD because that is simply not true, I would be absolute thrilled to see such a huge price for bitcoin but my mind is telling me to not get carried away and believe such a thing.

[Lontonbit]

Tim Draper has a $250K forecast for Bitcoin by 2022. Some others have forecasts ranging in $100K - $1m too but nobody has that short a timeframe as McAfee. Time will tell how high it goes.

Time will tell what happens but at the same time of all the predictions it is the less likely to happen, the price is too high and the time frame too short, I do not want to come across as a someone trying to spread FUD because that is simply not true, I would be absolute thrilled to see such a huge price for bitcoin but my mind is telling me to not get carried away and believe such a thing.

Bitcoin always hits the most unlikely predictions, I’ve learned to never underestimate it

[South Park]

Tim Draper has a $250K forecast for Bitcoin by 2022. Some others have forecasts ranging in $100K - $1m too but nobody has that short a timeframe as McAfee. Time will tell how high it goes.

Time will tell what happens but at the same time of all the predictions it is the less likely to happen, the price is too high and the time frame too short, I do not want to come across as a someone trying to spread FUD because that is simply not true, I would be absolute thrilled to see such a huge price for bitcoin but my mind is telling me to not get carried away and believe such a thing.

Bitcoin always hits the most unlikely predictions, I’ve learned to never underestimate it

No one really predicted a price of bitcoin of 20000 by December of 2017 because no one thought the price will get so high, but the prices given in the current predictions will require that bitcoin becomes a major player in the economy, in fact if bitcoin really reached 1 million dollars as some people suggest that will mean that the rest of the economy is probably crashing since I cannot imagine another way for bitcoin to reach such a price so soon.

[Endikadija]

Tim Draper has a $250K forecast for Bitcoin by 2022. Some others have forecasts ranging in $100K - $1m too but nobody has that short a timeframe as McAfee. Time will tell how high it goes.

Time will tell what happens but at the same time of all the predictions it is the less likely to happen, the price is too high and the time frame too short, I do not want to come across as a someone trying to spread FUD because that is simply not true, I would be absolute thrilled to see such a huge price for bitcoin but my mind is telling me to not get carried away and believe such a thing.

Bitcoin always hits the most unlikely predictions, I’ve learned to never underestimate it

No one really predicted a price of bitcoin of 20000 by December of 2017 because no one thought the price will get so high, but the prices given in the current predictions will require that bitcoin becomes a major player in the economy, in fact if bitcoin really reached 1 million dollars as some people suggest that will mean that the rest of the economy is probably crashing since I cannot imagine another way for bitcoin to reach such a price so soon.

I can't believe anything that has spoken to him, remember he was getting paid to promote any ico. $500k in 3 years just like a big joke. Bitcoin doesn't even reach the total supply and i can say that about the fact that the bitcoin needs the more time to go. The next halving will be happened in 2 years later and i think that he is lying.