Personally i think bitcoin is future

[adzino]

Bitcoin future price of $1 million comes true in 2020, that would give it a total market capitalization of $15 trillion. Going back to McAfee's prediction, Bitcoin would need to increase its value by more than 4,900% from its all-time high of $20,000.

Check the link follow the instruction: https://www.coindesk.com/market-wrap-some-miners-face-an-uncertain-future-despite-rising-bitcoin-price


Bitcoin will reach a price of $50,000 by late 2020. He also believes that the market cap of all cryptocurrencies will burst up to a whopping $2 trillion (from the current $150 billion) within the next 10 years.

-snip-


Billionaire Michael Novogratz has invested approximately 30 percent of his fortune in cryptocurrencies. He began investing in 2015 and announced a $500 million cryptofund, which includes $150 million of his own fortune, in 2017. So i think it will be going for everyone future.

You are calling it the future only because the price is going to rise and each coin is going to be around a million dollar? That is your reason? I thought it is going to be the future because crypto currencies like bitcoin can give us financial freedom. I thought it was going to be the future because it is decentralized and only one person solely owns the coins.
You are still relying on McAfees prediction? I thought he already lost his bet and now he speaks against bitcoin.

[fiulpro]

Well I do think it so not just Bitcoins but cryptocurrencies as a whole and in that Bitcoins is the most trusted one at that . Since the government will take time to recover from this financial blow , sooner or later people will be interested in more options . Stock market takes time but cryptocurrencies provide you with a good source of trading , earning extra money and with mining you can make extra bucks if you are living in a country with less electricity expenses.
Cryptocurrencies is an amazing opportunity for people to connect with each other and sell their services all around the world.
It is not just the future , it is very helpful even for the government for the disastrous times , like Corona virus right now , I have seen people earning through cryptocurrencies and not the governmental jobs .

[Getmon]

Both men have been saying a lot about Bitcoin's future price, most of which are really exaggerated. McAfee's words are not anymore reliable. They are bordering to nonsense already. Novogratz is highly invested in Bitcoin that is why he tends to spread FOMO. That's personal for him. He just wants to have his wealth grow as soon as possible. He does not sound objective anymore.

[Casdinyard]

Well I do think it so not just Bitcoins but cryptocurrencies as a whole and in that Bitcoins is the most trusted one at that . Since the government will take time to recover from this financial blow , sooner or later people will be interested in more options . Stock market takes time but cryptocurrencies provide you with a good source of trading , earning extra money and with mining you can make extra bucks if you are living in a country with less electricity expenses.

Cryptocurrencies has a spot in the future in financial terms however blockchain has the biggest shot in the future since it is applicable to almost all of the fields. I also agree that people are interested in transitioning into digital currencies coz I have seen a data that there is an increase in number of digital payment users, and you can see not only bitcoin but also alternative coins are getting a pump now take a look at ZRX.

Cryptocurrencies is an amazing opportunity for people to connect with each other and sell their services all around the world.
It is not just the future , it is very helpful even for the government for the disastrous times , like Corona virus right now , I have seen people earning through cryptocurrencies and not the governmental jobs .

Futuristic indeed but there are still problems with connectivity, not all countries have the same internet speed as Europe has which is the heart of any digital transaction. Corona virus might help the increase of crypto adoption.

[MFahad]

Both men have been saying a lot about Bitcoin's future price, most of which are really exaggerated. McAfee's words are not anymore reliable. They are bordering to nonsense already. Novogratz is highly invested in Bitcoin that is why he tends to spread FOMO. That's personal for him. He just wants to have his wealth grow as soon as possible. He does not sound objective anymore.

I do not believe in Novogratz and McAfee. Both of them are bitcoin whales and their only mission is to increase their wealth and for this they can give whatever statement they want to make themselves more famous. As we know that almost of the prediction given by John Macfee are false, there is no point to believe in them. 

[Getmon]

Both men have been saying a lot about Bitcoin's future price, most of which are really exaggerated. McAfee's words are not anymore reliable. They are bordering to nonsense already. Novogratz is highly invested in Bitcoin that is why he tends to spread FOMO. That's personal for him. He just wants to have his wealth grow as soon as possible. He does not sound objective anymore.

I do not believe in Novogratz and McAfee. Both of them are bitcoin whales and their only mission is to increase their wealth and for this they can give whatever statement they want to make themselves more famous. As we know that almost of the prediction given by John Macfee are false, there is no point to believe in them. 

Neither do I. But I don't think McAfee is a Bitcoin whale. He already turned his back to Bitcoin, even calling it an old technology. Even if he didn't, I would still not believe in his unrealistic predictions. He is speaking without sense now.

[wingfield_crypto]

I don't really understand what you are trying here. Do you describe your own opinion or McAfee's prediction? If you are trying to discuss McAfee's prediction, I think we have already done it many times and no need another thread for discussing it. You must know that $1 million is only a prediction and no one knows it really can happen or not, or when it can happen in the future. However, I really doubt if Bitcoin can reach $50,000 or $1 million this year. Just think realistically and learn how significant the move of Bitcoin price lately, there is no reason that it will go to $50,000 or $1 million in the near future.  

   I at least hope to reach the price of the old $ 20k bull run from December 2017. I honestly don't know what benefits this McAfee has for these absurd and unrealizable predictions, especially in such a short period of time.
  Instead, I am convinced that BTC will be used more and more, as crypto transactions are very fast, convenient and very well secured.

[tbterryboy]

I don't really understand it when people are saying that Bitcoin is the future, to be sincere. What future exactly?
That the price will increase and people will make lots of money and later on they will still dump it, or become a future where a lot of people will agree and believe in Bitcoin and start using it for the main purpose it was created for which is peer-to-peer transaction.

So, which one exactly are these people talking about? I really hope that it's going to be the later, because if it's the first, then it's not really worth it because it reaches a level where people can't make profit any longer they will not be interested. But, it would be best to know what it will become when the time comes.

[Balili]

I might not be able to able to support McAfee's predictions based on what is happening presently but asides that achieving the said $50,000 - $1Million is quite unrealistic. But of a true Bitcoin is for the future because more people are adopting bitcoin as a form of exchange and its transaction is very fast and reliable with secured identity

[joinfree]

Sure, bitcoin is certainly a future asset which will be cool to invest in at this point in time. So many assets have not seen the increase with which bitcoin has seen over the years and its finite supply will definitely make it increase more in the future when most people get to know about bitcoin.

[drumamat]

I do not know what the capitalization of crypto currency will be, but I will only say one thing - many people in cryptocurrency see the safety of their funds in the long term. Therefore, based on the obvious demand, the price will certainly increase.

[TopTort777]

You claim that bitcoin is a future, but does it mean that this future has an end? Let me explain why. With each halving the amount of generated reward decreases. It is not a secret that one day all the bitcoins will be mined and there will be no reward. What of future then it will be?

[gundala]

We should think again, the future is not just an investment whose prices have multiplied many times, but we also have to look at it from other sides such as technological developments, adoption, functionality, and other technical matters related to bitcoin. I think that's more important than just making high prices an orientation. Indeed everyone wants that, but what are the benefits if in the end bitcoin is banned? Moreover, from extreme market movements, bitcoin is known to be at high risk because of its volatility, it may become worthless in the future. If it doesn't meet your expectations, it means your future is ruined. So, let's fix this pattern of thinking again, always prioritizing logic rather than wishful thinking.

[jhonjhon]

For 10 years of Bitcoins existence, its something to think that even we have another decade to come, bitcoin won't go that much. $50k this year? Or even the next 10years, I'd never think that it works.
Even we are so optimistic but we have to think also the reality, and that $50k is out from such reality. We don't need to fool people, besides, we need to tell them.what is the near possible scenario in the future.

[mahilchii]

I do not know what the capitalization of crypto currency will be, but I will only say one thing - many people in cryptocurrency see the safety of their funds in the long term. Therefore, based on the obvious demand, the price will certainly increase.

Exactly, this is what my point too the price of crypto currency will increase only if there's a demand. But I don't understand how people are predicting the prices of BTC before halving many of said the value might go to all time high etc finally we saw the reality of what happened at the last moment, that's the extreme level of BTC.. so it's better to Invest wisely before the FUDs say.

[charlesmichel1]

And why is Bitcoin the future? Because somebody said "Bitcoin will reach a price of $50,000". It's more like bold prediction, not the real analytic. In most cases these predictions never come true. So your post couldn't convince me.

[MCobian]

Regarding the predictions of John Mcafee bitcoin in 2020 will reach the price of $ 1M is not possible if you see the current movement of bitcoin.
The price of bitcoin is now still at $ 9500 which is still unable to penetrate the price of $ 10k, even to reach the price of $ 50k is still  not possible
this year was achieved. My estimate for 2020 is only $ 12k. But I agree with the title of this topic that bitcoin is the future, because bitcoin can be
a payment tool solution in the future, by using bitcoin as a payment then we are easier in conduct financial transactions. Only need a mobile phone
and an internet connection can already do financial transactions to various countries.

[Ridwan Fauzi]

We just not have enough money in the industry for 1 million price? We cant even break 10k lvl right now

That is for long term prediction, do you remember when bitcoin's price touched $3500 a few years ago? I hope you still remember it.

You can compare with the current situation, bitcoin's price is touching $10.000 before that has touched.

That pointed out when you make a prediction against bitcoin's price especially for a high price then you'll know that the price will be touched for long term period.

[madhavsinghrajput]

well in your first two sentences you brought up 3 things that makes think you neither believe nor care about bitcoin future. speaking of price, market capitalization and an idiot called McAfee.
the future of bitcoin is not about its price, but its adoption and its usage as a currency worldwide. while the bitcoin price is a byproduct of that adoption. instead of focusing too much on the price and the profit in percentage you can make from bitcoin, you should seriously start using bitcoin and see what it really offers (hint financial sovereignty).

Exactly I agree with you sir.
The future of the Bitcoin depends upon the adaptation of Bitcoin in each country.And these adaptation doesn't mean that government has legalized it so they adopted it. Adaptation of Bitcoin means all the sector in a country uses Bitcoin in some or the other way so that it increases the demand in people.And once this starts we can surely say Bitcoin is a future.

[cheezcarls]

Bitcoin future price of $1 million comes true in 2020, that would give it a total market capitalization of $15 trillion. Going back to McAfee's prediction, Bitcoin would need to increase its value by more than 4,900% from its all-time high of $20,000.

Check the link follow the instruction: https://www.coindesk.com/market-wrap-some-miners-face-an-uncertain-future-despite-rising-bitcoin-price


Bitcoin will reach a price of $50,000 by late 2020. He also believes that the market cap of all cryptocurrencies will burst up to a whopping $2 trillion (from the current $150 billion) within the next 10 years.




Billionaire Michael Novogratz has invested approximately 30 percent of his fortune in cryptocurrencies. He began investing in 2015 and announced a $500 million cryptofund, which includes $150 million of his own fortune, in 2017. So i think it will be going for everyone future.

I have to agree with you claiming that Bitcoin is the future. I’ve been an advocate of Bitcoin and other cryptocurrencies in my local area. Despite that a lot are not yet aware about Bitcoin’s long-term potential, I do not hesitate in educating them about the real and positive use cases of the world’s first and pioneer cryptocurrency.

I’ve read a post that was publishes a couple of years ago that Bitcoin will replace fiat in this decade. As the economy have collapsed due to the COVID-19, Bitcoin, crypto and blockchain-related jobs are on the rise. We are expecting that Bitcoin would falter like stocks, but it’s the other way around.

The massive adoption of Bitcoin is slowly growing and it will never stop because of our non-stop advocacy and education to the misinformed people.