So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
I think it is not possible. We can predict anything but all our prediction is not correct. $500k is not a little price. Bitcoin is more strong crypto in the crypto world but reaching $500k for Bitcoin is so hard in three year. It can be reached on $30k.
It is a pretty small price if you consider the sizes of the stock market and currencies in general.
if Bitcoin is advertised by such conversations, then when people hear forecasts about 500,000 dollars for Bitcoin, then the popularity of the crypto currency will increase so much that in reality demand can revive such a price.