Post
Topic
Board Bitcoin Discussion
Re: If bitcoin doesn't reach $500K in 3 years....
by
rodskee
on 27/07/2020, 00:35:17 UTC

source

^ I'd forgotten about this self-imposed challenge  Grin

We know that he backtracked but I just want to remind everyone that even crypto personalities can't predict the market and they get it wrong most of the time. Do not fall for their "expert" opinions. Some of them are paid reviews/opinions anyway.

That statement by John Mcafee was made out if confidence in the fact that bitcoin was moving fast like wildfire withut the interference of government and other financial regulatory agencies globally. I understand that it may be an extreme self inflicted challenge but it only goes to show his confidence in the technology and all it brings. But it ain't all that easy as it sounds, normal market forces will playout in the long run that will alter it.

John Macfee mentioned in some twitter post that was only a joke. 

What else can he do? he's integrity already been uncounted
to this industry.

Regards bitcoin price 500K i think is just made by people who speculate on price.

Everything around bitcoin are still speculative especially those who
are giving their own predictions.

it could never go up like to 500K$ too much.

Too high, and for sure to make it happened, a lots of investment that
needed to flow though possible if more investors and newcomers that
will help to make things happened.