What if McAfee is right?

[Deallove9]

In his recent interview with Cointelegraph, John McAfee stood with his bold prediction that Bitcoin will reach $1 million by 2020.
I do not see this happening but what if he is right? What's gonna happen to the entire crypto market? Will you be a rich person by then? Let's dream 

http://www.bitcointalkradio.com/mcafee-stands-by-1-million-bitcoin-price-prediction-by-2020/

This prediction still  Marvel me, I don't believe this can happen even in next decade.

I don't believe it too and I know it will not happen by 2020 but we can still look toward 150-200k by then but the 1m is not coming by then but could happen in a decade , that I think is still cool to look forward to as the reward on block will be less by then and the cost will be high when will require more high rate to take care of the fees by miner.

[Alcor]

In his recent interview with Cointelegraph, John McAfee stood with his bold prediction that Bitcoin will reach $1 million by 2020.
I do not see this happening but what if he is right? What's gonna happen to the entire crypto market? Will you be a rich person by then? Let's dream 

http://www.bitcointalkradio.com/mcafee-stands-by-1-million-bitcoin-price-prediction-by-2020/

Dreaming is certainly not harmful, but Bitcoin will never be worth a million dollars. Did you see what happened when bitcoin reached only $ 20,000? Now, when the myth of the constant increase in the price of Bitcoin is debunked, with the next good growth of Bitcoin in price, many will immediately sell it and use the profit and the rate of Bitcoin will constantly fall.
  Also, there will constantly be a threat of panic due to the fact that Bitcoin will have a high cost. Such a threat is even significantly higher than the first.

[Fenix]

Bitcoin will never cost one million dollars. It will not even cost 200,000 dollars. I think that the maximum that he can achieve is $ 50,000. And then, if all will be good for him to take shape.
Now there are a lot of more promising coins and tokens, and on their background, Bitcoin will not be able to grow so much in value.

[leithy]

Apart from his opinion what is basis for such a claim?

[cora]

I agree with McAfee somewhat however I do no longer agree that bitcoin will hit 1 million dollar via 2020. market will rise however no longer upto that degree what McAfee stated. there is no tax on dreaming that we are able to be rich and my opinion is btc will rise gradually.

[JaymondStark]

I don't think making a price prediction by the year x means scamming people. Nobody can do this, and it will never be true, even if it becomes true. What am I trying to say is, there are so many metrics you should taking care of and day by day metrics are either changing or new metrics are coming. So, do not believe those predictions.

[ivanleon]

Listen to this person whose opinion is changing every minute and all his nonsense does not come true at all. If bitcoin will be 1 million $, then all bitcoin holders will become millionaires and billionaires, no one will allow that.

It's just that in such a short period of time, some unreal number of investors should enter the Bitcoin. I don't think it will, the technology has many unsolved problems. But you can always dream)

[TERENCIO]

I don't think he will be right that is very overstated statement.  If Bitcoin will be priced at 1 million that will be a lot of money need to pour  in crypto market.

[Asebaby]

Am not doubting his saying everything is possible when it comes to the Bitcoin trend. He carefully describes how  this is going to be possible.Come to think of it,if the early investors were told that Bitcoin will worth $20000 in years to come,it will have just been like a mere dream or false story or a mere prediction.

[WWoF]

If it will be happen definetly we all will be get rich. But i think that prediction is not true. Btc can hit 100 200k dollar maybe it is hard but still it can be. But i think 1m dollar price target for 2020 is very hard to believe .. Lets see if it will be true it will be amazing experience for all of us.

[AltLogan]

I prefer to believe this.
At least it would be great profit.

[Ghozrd]

Yes, I agree with Mcafee's tweet and hope that happens.
Crypto needs someone who has strong beliefs like him.We just wait, because some people have sold their assets, Bitcoin has gone down but soon it will rise

[backfirst77]

The predictions from Mcafee are too much in my opinion, although anything can happen in Cryptocurrecy. Indeed, prices will increase but not as high as that in 2020. Even if it could, it might happen in the future.

[pelana vreo]

He is the best investor and is very supportive of cryptocurrency, everyone can make predictions,
He says the price of Bitcoin is for some reason and I'm sure he has good calculations before making an opinion.