Re: Do you believe John McAfee is right about Bitcoin hitting $500,000 in 3 years?

Quote from: crypto1010 on June 06, 2018, 08:54:52 PM

Quote from: showbiz111 on February 27, 2018, 06:54:44 AM

So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is a little probability for that??? Wink

We are getting so many predictions such that no one is taking these guys seriously of where bitcoin is going

and the probability of Bitcoin hitting $500,000 in 3 years is very low because volatility is still high unless this drops and institutional investors actively invest in crypto raising the market cap and btc price simultaneously

Volatility is high because our market cap is small and still very new. Every emerging revolutionary technology that has ever happened has been volatile early on but slowly becomes more stable as it reaches mass adoption. I am absolutely stunned that people dont know this? Huh