Paypal Board Member: Bitcoin May Grow 250x

[Gaff]

I think these people have invested themselves and are chiming their own bell....

We never know, unless they'll make it public.
people who invested in BTC can make a bad or good call, they both benefit on the outcome, if it will cause a dump they will accumulate
and if will cause a big pump, they'll cash out with a good profit. Don't take their words seriously, we should know how they play.

Just have an observation first before making your final decision with bitcoin, being clever could benefit you in such ways. Never engage quickly, but rather having wise choice is definite. Finances is a very serious matter to deal with, we can't fulfill our visions unless we're certain with an investment that we prefer to choose for. If bitcoin will grow to whatever value that could probably be reaching, then so be it because it has no limitations and the value might be infinite despite of being volatile.

[Naida_BR]

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/

Just another guy who tries to spread FOMO.
If he really believes that when what is the reason why Paypal has such a huge distance from the cryptocurrency industry? Shouldn't they support withdrawals or deposits or at least give the option to their clients to buy crypto and hold them in their paypal accounts?

[Reid]

Well its okay for me for him to say that but I would rather stick with what I believe in. For that large rise it could cause mayhem in the financial system so a slow movement would be best for all.

He is from Xapo and he is keeping bitcoins which is no doubt about that.
Why do you think he will spread this kind of news?!

[Distinctin]

Why do you think he will spread this kind of news?!

For the reason that he wants us to buy and so he can sell.
Big investors are not only looking for long term investment, they have huge investment so any small percentage increase would result to a decent profit already, I think that's what he is up to.

[Kemarit]

Well its okay for me for him to say that but I would rather stick with what I believe in. For that large rise it could cause mayhem in the financial system so a slow movement would be best for all.

For those who have been here in 2017 and see the price grows magically to almost $20000, I would say that a slow movement is much better. It might be a long hard grind ahead, but if it will bring some sort of stability to the price then I certainly will go on that direction.

He is from Xapo and he is keeping bitcoins which is no doubt about that.
Why do you think he will spread this kind of news?!

Just to shill and see his portfolio grow overtime. Who wouldn't love to see our investments grow by just shilling? 

[beerlover]

I think these people have invested themselves and are chiming their own bell....

We never know, unless they'll make it public.
people who invested in BTC can make a bad or good call, they both benefit on the outcome, if it will cause a dump they will accumulate
and if will cause a big pump, they'll cash out with a good profit. Don't take their words seriously, we should know how they play.

You are very much right about that, we can never take the words of these players serious, I am sure before they picked interest in Bitcoin, they must have been well trained on how to manipulate people in cryptocurrency, using their influence. When you see people of this figure coming out in public to hype a coin, they will never declare their interest but they absolutely have a shares of the coin, since they are very rich, they play the games of whales too, hype coin to create pump and bad mouth it bad to create dump, we already know how they operate and the best is to move alongside with them, we should never get caught up in their game and never allow ourselves to be manipulated again.

[daarul50]

I am not interested in the predictions made by influencers because they will not stop to say various predictions related to bitcoin. Their opinions as if they were considered right by the beginners and in fact, most of these predictions did not occur in the future, maybe even those influencers only used their statements to make a profit.

[Bonsaiav]

Maybe they feel that what they say can be influenced by people, for beginners 'maybe, yes' but not for me personally. Because what they say has exceeded their morality namely as ordinary human beings.

IIn the past two years John McAfee's considered a great thinker, entrepreneur, and as a crypto celebrity on tweeters, he often posts that are shocking and touting the positive future of cryptocurrency prices, for a moment it might look good however if we can pay attention His words well, I think what he said was far beyond common sense.

[Cacingkemi]

Price predictions are sky high, although in reality its still in process and continues to increase every 5 years but the value above $1 million is an existing hope high prediction. I think it's just speculation and we all don't know the future how many value.

[olumyd]

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/

It would seem he's of the same mind with McAfee. Well making predictions in this space isn't something new anymore. They should just put a bet on it and put their money where their mouth is. I mean a street-like gamble on the price of bitcoin - Futures analogue if you will.

[Febo]

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/

They did not invent anything new. All was already said and known before.   Paypal itself is a small payer and Bitcoin is for long way more used then Paypal.

[wuvdoll]

We don't really know if this person wise enough to actually make those claims (seriously one million dollars?) or he is just doing a wishful thinking. Some people believe in something because it would help them out a lot and than whenever they are given the chance they just say that their hopes will happen sooner or later and that is their way of putting their dreams out there in the world. This could totally be something like that.

We all know he is investing heavily into bitcoin anyway so one bitcoin equals one million dollars would mean the worlds to him and he would make more money than he ever did (which says something since he is a rich person anyway) if bitcoin went to one million dollars one day. This feels more like his dreams when he lays at night instead of actual prediction.

[Fortify]

We don't really know if this person wise enough to actually make those claims (seriously one million dollars?) or he is just doing a wishful thinking. Some people believe in something because it would help them out a lot and than whenever they are given the chance they just say that their hopes will happen sooner or later and that is their way of putting their dreams out there in the world. This could totally be something like that.

We all know he is investing heavily into bitcoin anyway so one bitcoin equals one million dollars would mean the worlds to him and he would make more money than he ever did (which says something since he is a rich person anyway) if bitcoin went to one million dollars one day. This feels more like his dreams when he lays at night instead of actual prediction.

Yep, just because somebody works for Paypal doesn't suddenly give them special insight into the future of bitcoin. Infact, Paypal is one of the tools that has the direct ability to compete with bitcoin - all it has to do is lower the fees it takes - they make a little less profit but may gain ever more market share.

[akela04]

After 20 years, this is quite possible. If bitcoin continues its rapid development, we can soon see such an increase in value Grow 250x . Cryptocurrency is the future.

[Rune]

Paypal has always shown a interest in Bitcoin I also think some higher up people there are just large investors trying to help it make them more money.

[passwordnow]

50% chance of succeeding does this means that bitcoin has a chance to fail? he's giving too much price prediction for bitcoin and it seems that he's half believing that it's likely to fail/succeed. Like what everyone has told, he's the CEO of Xapo and that company mainly focuses with bitcoin. I remember those days when I'm using xapo but due to the high fees, many has stopped using them. This isn't different from what John McAfee has predicted but JM's prediction is for next year.

[crzy]

I think these people have invested themselves and are chiming their own bell....

They have to say this one so many investors will believe to them and their coins will become expensive. Well, paypal already aware about this one, and maybe this is why its employees are also investing on bitcoin. 250x growth with bitcoin is not to easy happen, this is just an obvious hype in the market.

[South Park]

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.

Correct, and even if that happened how many people are still going to be holding their coins by that time? Or how many of us are going to be even alive when that happens? There is no point in worrying about such a thing it is better to concentrate in things that are a lot closer like when bitcoin will surpass 6000 or when bitcoin will reach 5 figures again? Worrying about something that may take decades, if it happens at all, is pointless.

[secone]

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/

for blockchain adoption im sure we will see more "new blockchain ecosystem" like thai agency election use blockchain (https://www.coindesk.com/thai-government-agency-develops-blockchain-tech-for-elections-voting) , but the main problem must we solving before bitcoin prise rising is "the implementation about lightning chain" if we care about it we will see bitcoin network will be stable event bitcoin price rising again.

[ricardobs]

I know very much from what angle they say this, and I can boldly say that they are very correct and we would definitely see the price of Bitcoin get to that stated amount, though it make take some few years before this is achieved, because what will cause an increase in price is recession that will be coming to so many countries of the world rendering their fiat money useless including the united states which is known to be the world power.