Post
Topic
Board Speculation
Re: John McAfee Says- If Bitcoin Breaks 100k you can bet it will break a million
by
WinslowIII
on 26/06/2019, 15:06:08 UTC
John McAfee, the future presidential candidate says that If Bitcoin Breaks 100k you can bet it will break a million.

What's your point of view on this, let me know!

John McAfee is crazy and fuckedmind person.

He's a troll, don't care about the troll and don't feed the troll. Ignore him.

    I think he is right about this. Anything is possible with Bitcoin, and if price get to 100k what can stop it from getting to
1 Million? Remember that many people never imagined that Bitcoin can get to 10k, we are there twice in two years. With
right we wonder is this the last time we saw price of Bitcoin under 10k!? Maybe June 2019 will be remembered by that.

100k to 1MM however...  getting to 1MM will require a not insignificant amount of the world's wealth..   I do put 1MM well within the realm of possible... I do not think it will happen as quick or easy as the 1k -> 10k -> 100k  jumps...

Coming off the 4 year low, bitcoin moved like a snail to go from $200 to $800 - it took over a year. This last 4 year cycle low (assuming it's the low here, but it's a pretty safe assumption) bitcoin moved from $3k to $12k in a few weeks.
Maybe the higher the price exponentially, the easier the moves become. This isn't like any asset the world has ever seen, it's basically writing it's own history.