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Author Topic: BITCOIN 1 MILLION in the end 2020?  (Read 960 times)
superving
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February 23, 2019, 12:17:07 AM
 #41

What an insane prediction by mcafee ,bitcoin will never hit that huge price.
From 4000$ this day to 1,000,000$ by 2021 that will need be a massive bull run, maybe mcafee is dreaming when he said it.

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February 23, 2019, 12:38:32 AM
 #42

No will not have so high value at the end of 2020 but i think strong it can have a value of 100,000$ for 1BTC at the end of 2020. Until then i will buy how much i can and hold for a long, and i invest only money that afford to lose.
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February 23, 2019, 03:26:04 AM
 #43

No will not have so high value at the end of 2020 but i think strong it can have a value of 100,000$ for 1BTC at the end of 2020. Until then i will buy how much i can and hold for a long, and i invest only money that afford to lose.
I'm positive that market can potentially bounce back but I don't think it's going to reach that high. Market keeps on moving ups and downs unpredictably, it's very uncertain. All these are just speculations where anyone is entitled to come up with their own predictions. Engaging in this kind of industry requires bravery. We have to learn to control our emotion, be wise and strategic enough to play the game creatively. Failures are part of success, learn to deal with it positively and productively.
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February 23, 2019, 05:46:38 AM
 #44

Its just prediction and no concrete basis so dont believe easily and that amount is too much for a short period of time, we dont even know if the price of btc can even surpass the last ATH at that time.

For now its better to buy bitcoin while the price is still affordable we'll never know we might heading to bull run we really cant say.

Hence instead of thinking others so called experts predictions have your own analysis and understanding in cryptos in general, through this way you'll get an idea of how the market works over time.

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ethereumhunter
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February 23, 2019, 06:39:51 AM
 #45

What an insane prediction by mcafee ,bitcoin will never hit that huge price.
From 4000$ this day to 1,000,000$ by 2021 that will need be a massive bull run, maybe mcafee is dreaming when he said it.

He can say that bitcoin will become 1 Million or even another Million and we can also say that bitcoin will turn into $100,000,000 lol.

We don't have to believe him if we don't want and we'd better search more profit than to listen to him because our time is worth to just read about what he said.

The important things now are we should know how to get more and more bitcoin by many ways so we can have a large amount of bitcoin and if the time comes to see the bitcoin price increase, we can sell that bitcoin we have to get a huge profit.

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February 23, 2019, 06:55:25 AM
 #46

Tbh I laugh when I read this. That's too high to reach in less than 2 years. It's too good to be true. That is just a prediction meaning there's no assurance that it will going to happen especially such insane prediction. Although I prefer to read things like this rather a post creating or causing FUD but it wasn't actually realistic, more like fiction.
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February 23, 2019, 07:43:54 AM
 #47

Tbh I laugh when I read this. That's too high to reach in less than 2 years. It's too good to be true. That is just a prediction meaning there's no assurance that it will going to happen especially such insane prediction. Although I prefer to read things like this rather a post creating or causing FUD but it wasn't actually realistic, more like fiction.
I think a lot of people who speculate about the increase in bitcoin prices that will occur in 2020 may be due to the influence of the halving day that will occur that year, and I am also sure that price movements have the possibility of being very expensive so there is no harm if many people who speculated about the price of bitcoin.

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February 23, 2019, 07:49:39 AM
 #48

well is this true?,or just another nonsense?

we are on February 22, 2019 and a guy comes and says: "bitcoin will reach 1 million by the end of 2020". Well, What will we do with this person? I'll answer what we have to do with this person: we have to put the person in the psychiatric hospital.

So answering your question, this is a great absurdity that he is talking about


Lol yeah because it's a crazy statement, honestly.
the price won't rise as crazy as that? whatever positive news and issue comes, the price won't go up that high? even I'm not sure the price of one million is suitable for bitcoin.
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February 23, 2019, 09:28:02 AM
 #49

well is this true?,or just another nonsense?

source : https://www.facebook.com/CryptoMinerUK/videos/398644187551622
I believe by next year we would see if this is going to happen or not but like other people has said I don't think that is going to happen.  We should even be striving for $50000 instead of predicting $1000000 by 2020 .
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February 23, 2019, 09:28:14 AM
 #50

well is this true?,or just another nonsense?

we are on February 22, 2019 and a guy comes and says: "bitcoin will reach 1 million by the end of 2020". Well, What will we do with this person? I'll answer what we have to do with this person: we have to put the person in the psychiatric hospital.

So answering your question, this is a great absurdity that he is talking about


Lol yeah because it's a crazy statement, honestly.
the price won't rise as crazy as that? whatever positive news and issue comes, the price won't go up that high? even I'm not sure the price of one million is suitable for bitcoin.

That's too crazy, if such a growth happens the entire cryptocurrency network will gets collapsed within days. Because every government will fear of their currency value. Also such growth will affect the financial stability of countries. From my learning it could reach $100000 in the long run and it happens if everything is associated with blockchain and cryptocurrencies.
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February 23, 2019, 09:46:59 AM
 #51

Another predicting who not really happen in the future or in real life, because for sure it will be high the value of the bitcoin like 50,000 dollars or more depends to the people on how they treat bitcoin. But let's see what is really happen to the bitcoin in the year 2020. But im surely it will not happen 100 percent sure even there is a lot of big investors come next few years from now.
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February 23, 2019, 11:28:39 AM
 #52

Another predicting who not really happen in the future or in real life, because for sure it will be high the value of the bitcoin like 50,000 dollars or more depends to the people on how they treat bitcoin. But let's see what is really happen to the bitcoin in the year 2020. But im surely it will not happen 100 percent sure even there is a lot of big investors come next few years from now.
It is impossible to occur in 2020 But some peoples are encouraging the future investors so we just think about the usual economy, Crypto is basically depends on supply and demand so current situation is not workout so we must wait and see the future results. I hope 2020 is the best year of crypto legalisation because once legalised automatically going to peak.

 
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February 23, 2019, 11:51:52 AM
 #53

well is this true?,or just another nonsense?
You really want to cite a face book source to say that bitcoin will cross one million dollar by next year, can you imagine the fall it will take even it crosses in your dream. Never expect those valuation in the next twenty years and you will never see those valuations just like that, if you are in the market for the last seven years you will understand how the market grows and the rally will happen but it will not take to one million right now even if it is a mad rally, it is good to have dreams but never over estimate things. Tongue
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February 23, 2019, 12:49:54 PM
 #54

well is this true?,or just another nonsense?

source : https://www.facebook.com/CryptoMinerUK/videos/398644187551622

I just wonder how you could ever consider that this can be true.
I am used to these posts and now I can understand that even they are trolling or they just to pump the price because of their own benefits. In the end, they are just people who try to manipulate others opinions.
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February 24, 2019, 06:25:00 AM
 #55

There is really not enough money to cover that type of increase in bitcoin. We would need too much new money put into bitcoin world and we honestly do not have that much in the world to make that happen that quickly because the money we have are usually tied into other things or fictional like derivatives or whatever they are called.

So in reality bitcoin only increases with real money, you need to actually send money to get bitcoins, its not like fake forex margin trading deals or whatever, it needs too much to increase to 1 million dollars and world doesn't have that much cash at hand to spend on it. Maybe one day in distant future it will happen with time but by 2020 we can not produce that much cash to buy bitcoin all at once. So, we should instead forget about mcaffee and focus on what we can actually achieve in real life, like maybe going back to 20k to begin with.
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February 24, 2019, 05:58:05 PM
 #56

I never imagined that the price of bitcoin would reach 1 million, the price was too high and I still felt doubtful it would be achieved by 2020.

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February 24, 2019, 07:48:52 PM
 #57

Every prediction for the year 2020 is completely based on the halving event that is scheduled for the mid of the year 2020. One million seems to be very big in comparison to the price at which the market is sitting at the present. But anything could happen in no time with cryptocurrency.
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February 25, 2019, 04:30:57 PM
 #58

Good estimates, but it seems still too early to estimate the increase in bitcoin to reach 1 million by 2020, and I'm still hard to believe.

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February 26, 2019, 09:37:20 AM
 #59

People have to think about what makes a coin go up. It goes up when money is pouring in. When people are buying and buying and buying. We saw it during the bull run in 2017. That was huge. Yet it went "only" to about 20K$. To go to 1 million, you'd need billionaires investing massively in BTC. Since they're already billionaires, why would they risk it ?
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February 26, 2019, 11:15:30 AM
 #60

People have to think about what makes a coin go up. It goes up when money is pouring in. When people are buying and buying and buying. We saw it during the bull run in 2017. That was huge. Yet it went "only" to about 20K$. To go to 1 million, you'd need billionaires investing massively in BTC. Since they're already billionaires, why would they risk it ?
That's true, when market shows sign of growth large scale investment happens with increased buying. Now it has been low, and by 2020 it'll reach at least $50k in my opinion. Because the halving event suddenly takes a demand as the supply gets cut off to some extent. With this into consideration I believe it'll reach $50k.
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