Post
Topic
Board Bitcoin Discussion
Re: 5 Reasons McAfee’s $2 Million Bitcoin Prediction May Not Be So Crazy
by
clickerz
on 24/10/2019, 01:41:33 UTC

    1. Bitcoin’s Scarcity Will Lead to a Price Surge
    2. $2 Trillion+ Institutional Investment Dollars
    3. Bitcoin Halving in May 2020
    4. Governments Holding BTC in Central Bank Reserves
    5. A Global Recession in 2020

https://bitcoinist.com/mcafees-2-million-bitcoin-prediction/

BTC  is at $7500 as I write and it seems we are going to end up in a BEAR market. so to think BTC  price will go from $7500 to $1Mil , some one will need hell lot more strong weed than that of what John Mcafee is smoking!. 

BTC price going to $1k is more realistic than it to be $1Mil in just 1 year time! 

At least more sensible and practical post , $1,000,000 dollar to a bitcoin next year  I think not happen. Too bold prediction but with our situation right now, seems its difficult to surpass that number.

In the long run hold, possible but for a year which happen  next year, not possible.Though there are investors joining in but it may happen in staggered bases slowly, not abruptly as this will aother pump and dump. It must be organic growth.