Paypal Board Member: Bitcoin May Grow 250x

[pushups44]

Wences Casares, the CEO of Xapo and board member of Paypal, believes there is a 50% chance that bitcoin will succeed, causing the leading cryptocurrency to rise 250x in price from where it is today. Doing some math, this equates to $1.25 million per bitcoin. I'm not sure if this is a realistic figure, but it seems to be one of the most bullish calls in some time.

https://www.newsbtc.com/2019/04/14/paypal-board-member-bitcoin-btc-value-may-surge-by-250x-if-it-succeeds/

[mohammedmattar]

Wences Casares, the CEO of Xapo and board member of Paypal, believes there is a 50% chance that bitcoin will succeed, causing the leading cryptocurrency to rise 250x in price from where it is today. Doing some math, this equates to $1.25 million per bitcoin. I'm not sure if this is a realistic figure, but it seems to be one of the most bullish calls in some time.

https://www.newsbtc.com/2019/04/14/paypal-board-member-bitcoin-btc-value-may-surge-by-250x-if-it-succeeds/

I am very concerned when I read such comments
whether Wences Casares or John McAfee or anyone who publishes such exaggerations, is causing a state of unreliability
btc will not spread with the exaggerated.

[Ailmand]

Wences Casares, the CEO of Xapo and board member of Paypal, believes there is a 50% chance that bitcoin will succeed, causing the leading cryptocurrency to rise 250x in price from where it is today. Doing some math, this equates to $1.25 million per bitcoin. I'm not sure if this is a realistic figure, but it seems to be one of the most bullish calls in some time.

https://www.newsbtc.com/2019/04/14/paypal-board-member-bitcoin-btc-value-may-surge-by-250x-if-it-succeeds/

Seems togood tobe true. Bitcoin may rise as most people predicted, however, $1.25 million per bitcoin is exageration. I stopped listening to influencers opinion about ptice prediction because it seems that they are spreading their prediction to shill.

[BitMaxz]

Too much expectation may lead to disappointment but it might possible to happen after 2140.
Since bitcoin already reaches 19k USD each a year ago there are possibilities it might happen but we don't know when and I am sure we won't see it until we die.
This is just my own speculation and don't expect too much that it might happen these coming years.

[seoincorporation]

Wences Casares, the CEO of Xapo and board member of Paypal, believes there is a 50% chance that bitcoin will succeed, causing the leading cryptocurrency to rise 250x in price from where it is today. Doing some math, this equates to $1.25 million per bitcoin. I'm not sure if this is a realistic figure, but it seems to be one of the most bullish calls in some time.

https://www.newsbtc.com/2019/04/14/paypal-board-member-bitcoin-btc-value-may-surge-by-250x-if-it-succeeds/

Seems togood tobe true. Bitcoin may rise as most people predicted, however, $1.25 million per bitcoin is exageration. I stopped listening to influencers opinion about ptice prediction because it seems that they are spreading their prediction to shill.

I agree with you, that price is an exaggeration. I would say it could go up to 100k but 1.25M is just too much, there is not enough money in the world to make BTC go that high, unless some bot bum the price like when BTC hit $1k for the first time, i think that's the only chance, and if happen bitcoin will not be at that price for more than 1 day.

[pushups44]

Wences Casares, the CEO of Xapo and board member of Paypal, believes there is a 50% chance that bitcoin will succeed, causing the leading cryptocurrency to rise 250x in price from where it is today. Doing some math, this equates to $1.25 million per bitcoin. I'm not sure if this is a realistic figure, but it seems to be one of the most bullish calls in some time.

https://www.newsbtc.com/2019/04/14/paypal-board-member-bitcoin-btc-value-may-surge-by-250x-if-it-succeeds/

Seems togood tobe true. Bitcoin may rise as most people predicted, however, $1.25 million per bitcoin is exageration. I stopped listening to influencers opinion about ptice prediction because it seems that they are spreading their prediction to shill.

I agree with you, that price is an exaggeration. I would say it could go up to 100k but 1.25M is just too much, there is not enough money in the world to make BTC go that high, unless some bot bum the price like when BTC hit $1k for the first time, i think that's the only chance, and if happen bitcoin will not be at that price for more than 1 day.

Yeah, for bitcoin to surpass $1 million, it would have to suck up all major currencies like a powerful black hole and literally just take over - this is the ideal of some bitcoin maximalists. Presumably, it is in this camp where Casares falls. However, though we may dismiss his prediction, he's not exactly a fringe figure in the industry.

[pooya87]

~
I am very concerned when I read such comments
whether Wences Casares or John McAfee or anyone who publishes such exaggerations, is causing a state of unreliability
btc will not spread with the exaggerated.

these types of exaggerations have always existed in bitcoin and sometimes they aren't that bad either. for example in this case i don't see him giving any kind of unrealistic timeframe like McAfee or a couple of others did and $1 million per bitcoin has been predicted before and there is a pretty good chance that it will eventually happen.

[pushups44]

~
I am very concerned when I read such comments
whether Wences Casares or John McAfee or anyone who publishes such exaggerations, is causing a state of unreliability
btc will not spread with the exaggerated.

these types of exaggerations have always existed in bitcoin and sometimes they aren't that bad either. for example in this case i don't see him giving any kind of unrealistic timeframe like McAfee or a couple of others did and $1 million per bitcoin has been predicted before and there is a pretty good chance that it will eventually happen.

Tim Draper's 250k prediction is much more sensible, but 1 million is still in the realm of possibility (within 20 years). Max Keiser's 100k prediction is even more realistic. However, what I find absurd are predictions of 10 or 100 million.

[shesheboy]

I remeber when bitcoin pump hard last year ( 2017 ) the exchange rate of btc to local currency on our country is now close to millions  .  how much more in some countries where the exchange rate of usd is high  ?  Anyways , its good to know that paypal owners are also involved and support cryptos such as bitcoin . they dont see bitcoin as threat to their business while most of us are always thinking of this matter   .

[jseverson]

“After 10 years of working well without interruption, with more than 60 million holders, adding more than 1 million new holders per month and moving more than $1 billion per day worldwide, it has a good chance of succeeding. In my (subjective) opinion those chances of succeeding are at least 50%,” he explained.

Where did he get these figures, I wonder?

You could read his blog post here:

https://www.kanaandkatana.com/valuation-depot-contents/2019/4/11/the-case-for-a-small-allocation-to-bitcoin

He also makes some very interesting points as to where Bitcoin's end game as a currency might be. His prediction is definitely much more than just throwing out an arbitrary number just because.

[AjithBtc]

These are some form of common price prediction that continue to come out. Looking the predicted value it seems unrealistic, but the same has got the increased chance as the market could turn growing big anytime without any prior indication. Though the 2017 isn't that big compared to the predicted value, but the 2017 growth took place when people were targeting $10k. Growth is real, how much time it requires is the myth.

[jakelyson]

Yeah, its either bitcoin will succeed or it will not. That is the 50% chance he is saying. Then he spews random multiplier and you believed it? That is not the most bullish calls. It is the crappiest speculation though.

[tetyulfania]

PayPal have try for getting connection with bitcoin and have announce for public to working together with bitcoin and cryptocurrency, I think it will be positive effect for bitcoin price later and could raised to higher price.

[kaya11]

Just in case it does happen, I will invest whatever spare money I have to buy Bitcoin starting from now on. I just need to be hodler and nothing more. If you think it wisely, we can still avail a full 1 Bitcoin, it is possible for most average person. We might regret this time if we don't act now. I will be getting goosebumps more often, hope it does goes to 1 million as they say.

[Yaunfitda]

~
I am very concerned when I read such comments
whether Wences Casares or John McAfee or anyone who publishes such exaggerations, is causing a state of unreliability
btc will not spread with the exaggerated.

these types of exaggerations have always existed in bitcoin and sometimes they aren't that bad either. for example in this case i don't see him giving any kind of unrealistic timeframe like McAfee or a couple of others did and $1 million per bitcoin has been predicted before and there is a pretty good chance that it will eventually happen.

Tim Draper's 250k prediction is much more sensible, but 1 million is still in the realm of possibility (within 20 years). Max Keiser's 100k prediction is even more realistic. However, what I find absurd are predictions of 10 or 100 million.

Yeah it is in the real of possibility but it will take some time as you have pointed.

See, when bitcoin price is making a headway, lots of bullish sentiments are coming out. And who would forgot John M. prediction? 

We are not yet in the 5 digits but we have heard a lot of perma bulls getting out of their hibernation and making lavishly claims about X amount of prediction. Just wait till next year and I'm sure almost everyone of them will be singing the same tune again.

[Haunebu]

~
I am very concerned when I read such comments
whether Wences Casares or John McAfee or anyone who publishes such exaggerations, is causing a state of unreliability
btc will not spread with the exaggerated.

these types of exaggerations have always existed in bitcoin and sometimes they aren't that bad either. for example in this case i don't see him giving any kind of unrealistic timeframe like McAfee or a couple of others did and $1 million per bitcoin has been predicted before and there is a pretty good chance that it will eventually happen.

Tim Draper's 250k prediction is much more sensible, but 1 million is still in the realm of possibility (within 20 years). Max Keiser's 100k prediction is even more realistic. However, what I find absurd are predictions of 10 or 100 million.

Yeah it is in the real of possibility but it will take some time as you have pointed.

See, when bitcoin price is making a headway, lots of bullish sentiments are coming out. And who would forgot John M. prediction? 

We are not yet in the 5 digits but we have heard a lot of perma bulls getting out of their hibernation and making lavishly claims about X amount of prediction. Just wait till next year and I'm sure almost everyone of them will be singing the same tune again.

250x seems insane and I don't think it can reach that value anytime in the future unless BTC achieves mainstream adoption which no one is sure about. I do remember what Mcafee mentioned about his private part etc sometime back in 2017.

Truly hilarious indeed. However, any positive news is great for the cryto ecosystem which is why I appreciate these bullish calls(Even if some are insane).

[xvids]

It is nice to listen to some positive prediction but sometimes we need to wake up from dreaming and face the reality .
This predictions are way to far to happen and it is too good to be true .
We have to be honest to our own to and don't expect too much you could just be disappointed in the end .

[btc78]

Wences Casares, the CEO of Xapo and board member of Paypal, believes there is a 50% chance that bitcoin will succeed, causing the leading cryptocurrency to rise 250x in price from where it is today. Doing some math, this equates to $1.25 million per bitcoin. I'm not sure if this is a realistic figure, but it seems to be one of the most bullish calls in some time.

https://www.newsbtc.com/2019/04/14/paypal-board-member-bitcoin-btc-value-may-surge-by-250x-if-it-succeeds/

How can someone in right mind will believe that people from Paypal talking this huge speculative issue for bitcoin?nah of course i will not lol

But reaching $1.25 million per bitcoin is something unbelievable,i am a believer of bitcoin from the moment i enter and invest here,but its not enough for me to hallucinate about this huge price 😂

Bitcoin is a currency and not any treasure in physical form

[okala]

 That is a huge speculation because 250x is a very huge Price jump and at that it should come with a long period of time attached to it, even PayPal involvement alone can not give such speculated rise and to say institutions like PayPal only make 7.1% of the total crypto users and investors. The remaining percentages come from individuals and group investors, so I will take this as just another speculations.

[Keadyar]

This is a very serious statement. A 250-fold increase from the current price is the price per BTC over 1 million dollars. It seems to me that this is possible in the distant future, but not today or in the next year or two.