XCANA
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February 22, 2019, 03:24:28 PM |
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I'm an avid fan of Bitcoin since I discovered it but this kind of prediction is seems impossible to me because for Bitcoin to reach $1,000,000 a piece it needs a huge amount of market capitalization totaling $17,551,975,000,000 to the current supply of 17,551,975 BTC, that's a trillion of dollars and it's 250+ times of the current price.
Hyping Bitcoin prediction is not bad but let's us be realistic though.
I agree with you. That prediction is too much although everything is possible. Let us look in the reality. As of today, let us based it in the movement of the market. Cryptocurrency is a world of unpredictable center of change as observed years back, so for Mr. John McAfee to predict such whooping sum of money on Bitcoin is surprising but nothing is impossible with Bitcoin. Lets watch the movie maybe it will be good to watch with interest. We should also know that he's good and bad about speculations and predictions.
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TheCoinGrabber
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February 22, 2019, 03:38:36 PM |
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At this current rate, I don't think so. Unless of course he's into some plan to pump prices, which I doubt he'll share. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I'm more under the impression he's trying to force a hype. I'll treat this like how I treat astrology - useless prediction.
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LbtalkL
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February 22, 2019, 03:53:22 PM |
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Predictions is only an expectation if his forecasts will be genuine well that is an uplifting news if not no issue at all he's simply having a great time. However, Look at the possibility of the price of Bitcoin when it originally came out on exchange it cost is $0.003 last March 2010 and the price now of 1 btc cost $3900 it even reach $19k everything is possible with bitcoin.
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MetalGear
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February 22, 2019, 04:07:01 PM |
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Along with 2019 moving ahead, Bitcoin prices are as well reaching to greater heights. This, in turn, is creating a lot of buzzes, as the crypto leaders predictions are reaching a target of a million dollars. This is all after JPMorgan’s fair value of $2,400. John McAfee was the first person to make a bold prediction that the Bitcoin price will reach $1,000,000. He not only made a price prediction but also declared date of Dec 31, 2020. Read complete news here: McAfee bitcoin price predictionSeriously? Bitcoin price will reach $1,000,000 I think its quite possible but if this thing happen many people will try to buy bitcoin before the year of 2020. This kind of prediction may affect the price of bitcoin in market but I still believe that in the year 2020 the price of bitcoin will rise again.
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HODL2090
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February 22, 2019, 04:46:36 PM |
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He has to have s degree of clairvoyance to attempt to predict the exact date bitcoin would reach a certain amount. Reports like these makes me disregard future speculations or analysis from the individual. It is unprofessional, and any cryptocurrency enthusiast knows it's impossible to predict and fool hardy to attempt.
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AGD
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February 22, 2019, 04:47:08 PM |
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Let's see what Mr. McAfee has to say about this article: https://twitter.com/officialmcafee/status/1098978375090216961Jesus! The media yet again! "By Dec. 31. 2020", is not an exact date. Let's all be clear again: I predicted Bitcoin would reach $1,000,000 before the end of 2020. That is not saying it will hit that price on that date. tl;dr fake news
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Grobokopalka
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February 22, 2019, 04:53:24 PM |
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He will soon be quite a delicious dinner on the air, that fills his price. I don't trust him in the least. A real clown.
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electronicash
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February 22, 2019, 05:03:21 PM |
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he does that every time, of course is not going to happen but somehow he makes it believable for those who new to crypto. he had shill a lot of projects, although i don't see those projects becoming successful, they are still alive after the great 2018 bear market. $1M will probably happen one day maybe after 50 years so in the end he still right but not with the date.
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bdbabiak77
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February 22, 2019, 05:45:09 PM |
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If the SEC approves the ETF on the 45-day decision docket, since 500-1000x the current market capital is waiting to be invested by the investment community, that is, if they truly bite even after getting the green light, then it is possible. So if the ETF approved, then a slim 'maybe', but if the ETF is denied it would be absolutely impossible to reach by New Year's Day 2020.
I'm very interested in his crazy bet, both whether it will be true, and how he will handle it if it's not true.
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Kimi80
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February 22, 2019, 05:57:09 PM |
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Nothing specific stays in this article, no solid explanation why his prediction can come true. Million dollar for bitcoin is such a SF scenario, especially taking in consider the date that he took for his prediction. I don`t think that anyone take this kind of predictions for serious.
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Slow death
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February 22, 2019, 07:37:44 PM |
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Along with 2019 moving ahead, Bitcoin prices are as well reaching to greater heights. This, in turn, is creating a lot of buzzes, as the crypto leaders predictions are reaching a target of a million dollars. This is all after JPMorgan’s fair value of $2,400. John McAfee was the first person to make a bold prediction that the Bitcoin price will reach $1,000,000. He not only made a price prediction but also declared date of Dec 31, 2020. Read complete news here: McAfee bitcoin price predictionI wonder how much drug or drink he must have consumed before making this crazy prediction, and wondering why the hell some news channel took it too seriously. We have to treat this prediction as some kind of joke no solid explanation why his prediction can come true. This has already become something normal... In the crypto world, when people make predictions, they do not say the reasons they justify because they believe in such a prediction
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thankyoulord
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February 22, 2019, 08:25:13 PM |
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I have said this time without number, no one can predict what will happen to bitcoin or its price at any given time. People especially John McAfee just say anything they feel and if you want to invest in bitcoin, do it because you believe in the technology and how it will change the world in the best postive way and not because of what people try to predict about price,
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Dreamchaser21
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February 22, 2019, 08:36:45 PM |
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Nothing specific stays in this article, no solid explanation why his prediction can come true. Million dollar for bitcoin is such a SF scenario, especially taking in consider the date that he took for his prediction. I don`t think that anyone take this kind of predictions for serious.
He’s trying to build something out of this prediction and for sure, many investors will not believe on this since he already done this kind of prediction before. Giving the exact date for a million worth of bitcoin is useless, there should be a strong basis to support this prediction, and not for being famous.
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Teawhalee
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February 22, 2019, 09:00:22 PM |
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This will only be a prediction as usual as it has always been . We are missing out in a lot of things and that’s why all things keep happening to us because majority is only interested in price increament they can sell and step aside. This is really not the right approach . Until the real value is appreciated we won’t see any sustainable price monument not these mirage pumping that’s when we can have some good prices.
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capableuwa1
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February 22, 2019, 09:05:45 PM |
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He not only made a price prediction but also declared date of Dec 31, 2020.
Sure seems legit. His prediction date is pretty much the deadline of his dick's lifespan. We honestly should stop giving publicity to these kinds of pointless and baseless predictions. https://dickline.info/Again I agree with this as this is not the first time him (McAfee) is giving his prediction about Bitcoin. His predictions never worked and he never do what he saw he will do even after his predictions didn't work out. I have stopped believing in all this predictions as well as giving cheap publicity to them also.
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invincible49
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February 22, 2019, 09:24:30 PM |
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Yet another unrealistic prediction by McAfee. The media will pick it up and if the market starts to go down again, they will use this kind of stupid prediction to defame Bitcoin. Maybe we should stop giving him all those publicity he craves for. If one thing we have learned over the years is that Cryptocurrency prediction is an arcane art! Tim Draper, McAfee, Jamie Dimon seem to have got it all wrong.
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bitcoinsc
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February 22, 2019, 09:48:41 PM |
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Stop buying alt coins n maybe prices will go to the moon.
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Ethereum and Uniswap.
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MuffinMaster
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February 22, 2019, 10:10:01 PM |
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He not only predicted the exact price of $1,000,000 and the date December 31, 2020, but he also promised that if it did not happen, he would eat his own genitals on TV live. Here is his tweet about that: https://twitter.com/officialmcafee/status/887024683379544065(Actually his first prediction was $500k per 1 BTC, but later he rise it to $1M)
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El duderino_
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February 22, 2019, 10:14:05 PM |
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who's making this shit up, and who keeps talking about it I even can't predict what the price is gonna be in 10 minutes from now ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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teejayrichard2
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February 22, 2019, 10:21:08 PM |
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he keeps making predictions every now and then. No one can accurately tell if bitcoin will pump to such an amount even though we know it has so much potential. Bitcoin investors believe in the technology but also know no one can predict what will happen to its value at any given point in time
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