Post
Topic
Board Speculation
Re: John McAfee: Bitcoin will go above 500k $ in 3 years
by
bit1
on 19/07/2017, 01:41:48 UTC

Woah, that seems to be a little too much for me. Bitcoin right now is at 2300 USD and he expects that the price will be 500,000 in 3 years. 3 years equals 156 weeks. If this was to be possible, bitcoin would have to rise at least 3000 USD a week, which is 350 a day. Seems pretty impossible in my opinion. I feel like he is really over valuing Bitcoin and this seems impossible. Maybe after Segwit, if the price goes up, then Bitcoin will have a chance of reaching 500,000 but right now, there is zero possibility of Bitcoin reaching that high in even 5 years. Maybe 10K in 3 years will be possible.
Bitcoin will rise. But this "prediction" it's just nuts.

And worse, he's not even talking about "the Bitcoin". But of the altcoin that Jihan is creating.

Now we just need to figure out which TV channel will be brave enought to accept his little apparition on national television. Roll Eyes

I didn´t  know he meant about that altcoin, Maybe it was a joke then, And can´t be taken seriously that statement, In the other hand, He has declared that he is a miner so I do not rule out that He can be in favor of the group that seeks to take over BTC (Better understand yourself, J.....,B.S....) to mention only two, Neither I do not want to say that all the miners support that group. Anyway it is not good to make projections too high as in this case since it creates false expectations by calling it somehow.