Post
Topic
Board Speculation
Re: John McAfee: Bitcoin will go above 500k $ in 3 years
by
gentlemand
on 19/07/2017, 10:41:10 UTC
He is trolling. M2 is $60 trillion. Yeah, 25% of all money in the world will be bitcoins in 3 years. You'll see WW4 before that happens, if we are still here on this planet.

Market cap, baby. It means nothing. Bitcoin's price is set by a few thousand coins on exchanges. If sellers go on strike it could be there tomorrow.

Gold is similar. Do you really think people could extract $9 trillion in real money from the gold market? Of course not.