Quote from: BTCMILLIONAIRE on November 07, 2017, 03:59:50 PM

Quote from: madbyte on November 07, 2017, 03:24:34 PM

Quote from: thecodebear on November 07, 2017, 02:43:24 PM

Quote from: azguard on November 07, 2017, 09:53:04 AM

Quote from: nodav on October 27, 2017, 11:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

This is little unrealistic at the moment, with this price to be in few years think that its little futuristic to be light on word. Dont get me wrong everybody would love to see this, including me, but to be real in this its quite impossible. Maybe it will be some good 5 digits price but to go on half mill this is unreal.

$500k is far too improbable for just 3 years. Maybe in 10 years if Bitcoin truly succeeds.
I think $100k is a good optimistic but still very possible target for 2020. something like '18 30k, '19 60k, '20 100k certainly seems possible.

For it to hit 500k in 2020.. bitcoin will need to hit about 50k-80k in 2018, 180k-250k in 2019 and 500k in 2020. Seems so unlikely that this will happen. But what if a few countries adopt bitcoin as the main currency in 2018 and drop the USD. There is several countries pegged or even using the USD as their official currency. We have to hit 10k+ by end 2017. So if these numbers are hit... every month from here to 2020 someone will be calling bitcoin a bubble. My opinion is that yes this is possible but unlikely. But hoping it will

If "a few countries" adopted Bitcoin as their main currency $500k per Bitcoin would be heavily undervalued. Unless we're talking about very tiny or undeveloped countries.

Bitcoin has been a "bubble" for as long as it existed according to random people by the way.

haha yes people who don't understand bitcoin always call it a bubble. Every time bitcoin goes up people start screaming "bubble!". And every time they are dead wrong.