John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020.
He wrote in Twitter: "When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong."
Can yo believe this? What are your own predictions?
I would completely rule out that possibility, because when that man forecast such a price everyone was elated by the tremendous upward momentum that bitcoin had at the end of November, which made it easy to foresee (in case of continuing the trend in a uniform way), that by mid-2018 the price would reach $100,000, in 2019 $500,000 and in 2020 one million. But no one imagined the great correction that would occur and that has kept the price of bitcoin stagnant around $10,000, where it will remain for a long time and has ended up ruining the optimistic forecast of McAfee.