Quote from: Izarok on November 16, 2017, 09:12:45 PM

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?

What an enormous increase! $500k seems a little bit over the top I suppose. If bitcoin does increases value by almost 10-30% every month then $500k by 2020 is not happening. Unless major corporation adopts it and disrupts the market creating a void wherein it can reach the said pricing. For me $500k by 2020 is just plain wishful thinking.

Exaggerated thinking, even bitcoin is the most popular crypto currency in digital world I know that it's hard for them to reach $500k in 3years. Maybe it happen after 10decades, do you think that bitcoin have no competitors? When days come past bitcoin are increasing the numbers of competition in the market. That's why it's hard to bitcoin to increase their value in the market rapidly.