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Author Topic: Bitcoin = $1 Million by 2020  (Read 12799 times)

Offline Psycho

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Re: Bitcoin = $1 Million by 2020
« Reply #45 on: November 01, 2020, 07:34:59 AM »
Of course we hope it happens.  But I don't think it will take long to reach 10 million.  Will be able to go to 10 million by last-2020
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Re: Bitcoin = $1 Million by 2020
« Reply #45 on: November 01, 2020, 07:34:59 AM »

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Re: Bitcoin = $1 Million by 2020
« Reply #46 on: November 01, 2020, 09:37:48 AM »
John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020.
He wrote in Twitter: "When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong."
John McAfee's prediction completely wrong because we are the ending period of 2020. Who can believe that false predictions bitcoin will go to 1 million within 2020.

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Re: Bitcoin = $1 Million by 2020
« Reply #47 on: November 01, 2020, 05:24:23 PM »
I hope it will come true because it that happens many will be a multi-millionaire, But for now, there is no concrete basis to support that speculation.

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Re: Bitcoin = $1 Million by 2020
« Reply #48 on: November 02, 2020, 07:49:38 AM »
Now 2020 is coming to an end and the price of bitcoin has yet to hit the $ 500,000 mark. This price is still very far. I think it's okay to have expectations, but not too high. MUdah, next year it can materialize for $ 1 million.


hope that something is of course possible even though it also has to be realistic, so agree that this year it is clear that it will not be possible but if next year according to predictions, the third halving can happen and everyone also hopes. whether it will occur in November (first halving) or December (second haliving) there will be an increase or can be more advanced. we wait and hope. assessed how much will bitcoin be there, of course there is a lot of analysis, if it's 15x from 2017 then there will be around $ 300K.
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Re: Bitcoin = $1 Million by 2020
« Reply #49 on: November 02, 2020, 07:55:37 AM »
I hope it will come true because it that happens many will be a multi-millionaire, But for now, there is no concrete basis to support that speculation.
I think with the current situation it is possible that many will not store and hold bitcoins because of their needs, and sell because of the pandemic situation which requires a lot of spending. but maybe another altcoin they still hold and they are looking for the right moment to change to bitcoin.
So it is not certain that all of them will become millionaires even if there is a sharp increase.
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Offline Small Rabbit

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Re: Bitcoin = $1 Million by 2020
« Reply #50 on: November 02, 2020, 04:27:26 PM »
1 million usd 1 BTC not possible ha ha. Highest target is    14-16k usd in 2020.
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Re: Bitcoin = $1 Million by 2020
« Reply #51 on: November 02, 2020, 05:54:08 PM »
I remember McAfee making such predictions at some point. It also turned out that he's being paid to say stuff like that. SEC is even charging him for it. I wouldn't put much trust in them.

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Re: Bitcoin = $1 Million by 2020
« Reply #51 on: November 02, 2020, 05:54:08 PM »


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Re: Bitcoin = $1 Million by 2020
« Reply #52 on: November 03, 2020, 12:45:58 AM »
In fact, it is very difficult to say which way the bitcoin market will go.  John McAfee Bullish on Bitcoin Price Reaching 1 Million by 2020.
 He wrote in Twitter: I can't say how true he will be.
How could it be possible bro... 2020 already endup but bitcoin never cross 15 k. So i think bitcoin never crossed it highest peak as it was 2017.
Bitcoin’s path towards $1 million On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020. He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 97.6 percent behind being on track. Bitcoin‘s price should have been $498,867 by now, according to dickline.info.

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Re: Bitcoin = $1 Million by 2020
« Reply #53 on: November 03, 2020, 06:19:59 AM »
1 million usd 1 BTC not possible ha ha. Highest target is    14-16k usd in 2020.
It seems that this is the only realistic forecast so far. For now, I want to see the price of bitcoin  at least  to $ 50,000. Only after that it will be possible to make any higher predictions. So far, we have only seen a sharp rise in the price of bitcoin by the end of 2017 to $ 20,000 and the same subsequent drop to $ 6,000. In general, Bitcoin revolves at a price of ten thousand dollars. Therefore, the speech about the high prices of bitcoin is nothing more than a fantasy.
« Last Edit: November 03, 2020, 06:23:13 AM by Fenix »

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Offline Arendra

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Re: Bitcoin = $1 Million by 2020
« Reply #54 on: November 03, 2020, 01:40:20 PM »
Now 2020 is coming to an end and I see bitcoin prices even moving back down. So I think it will be difficult to reach the $ 1 million mark by 2020. Maybe it will happen in 2021. Let's just see how the end of 2020 will end.
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Offline mlawson71

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Re: Bitcoin = $1 Million by 2020
« Reply #55 on: November 03, 2020, 05:46:16 PM »
I really doubt we will see it reach 1 million next year. Or ever, for that matter.

Offline EthereumDev_

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Re: Bitcoin = $1 Million by 2020
« Reply #56 on: November 04, 2020, 02:25:57 AM »
It seems that it will not be possible because the target price you mentioned is very unreasonable and too expensive to reach that price, it could be that no one will buy it because the price is too expensive and it makes no sense to hagra $ 1 million.

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Re: Bitcoin = $1 Million by 2020
« Reply #57 on: November 08, 2020, 09:35:24 AM »
I think so but hard to say that may be touch at 30k easily hold your btc.
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Offline Baroksz

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Re: Bitcoin = $1 Million by 2020
« Reply #58 on: November 08, 2020, 03:33:59 PM »
I think so but hard to say that may be touch at 30k easily hold your btc.
I do not know what many predict that BTC will reach 500K -1 million, because the price of bitcoin is very much determined by supply and demand. Will the demand for bitcoin be 100x over the next year? I thought this was impossible. if 30K $ it still makes sense to me.
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Offline Noverteno

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Re: Bitcoin = $1 Million by 2020
« Reply #59 on: November 15, 2020, 04:33:48 PM »
Bitcoin needs to at least re-rise to $ 20,000, and most importantly, to stay at this price position.  In December 2017, the bitcoin price reached $ 20,000, after which it almost immediately began to fall until it dropped to almost $ 6,000.  I would not want a repeat of these events, since a bear market has come for two whole years.  Only after that it will be possible to talk about the next price heights of bitcoin.

 

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