Well, since John McAfee thinks it should be $1 million by July 2020.
And it's currently at $16,000.
That means it needs to grow $984,000 over the next 2 1/2 years or 130 weeks.
In the last 30 days or 4 weeks, BitCoin has increased by 100%.
In the last 51 weeks, BitCoin has increased by 1,500%.
It would be safe to say, that if we go by the BitCoin high of $20,000, that it could increase by 1,000% and be at $320,000 by the end of 2018.
If it continued to increase by 1,500% each year:
$320,000 by the end of 2018
$5,120,000 by the end of 2019
$43,520,000 by mid-2020 (750% increase)
Even if it only increased by 1,000% each year and we started at $16,000
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about $5000
it will come down?
$5000 growth or the principle amount will be $5000.
Well, since John McAfee thinks it should be $1 million by July 2020.
And it's currently at $16,000.
That means it needs to grow $984,000 over the next 2 1/2 years or 130 weeks.
In the last 30 days or 4 weeks, BitCoin has increased by 100%.
In the last 51 weeks, BitCoin has increased by 1,500%.
It would be safe to say, that if we go by the BitCoin high of $20,000, that it could increase by 1,000% and be at $320,000 by the end of 2018.
If it continued to increase by 1,500% each year:
Even if it only increased by 1,000% each year and we started at $16,000
great prediction with facts.
it will come down.. it was bad cristmas gift
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STOPCongratulations! This post has been upvoted from the communal account, @minnowsupport, by awanawan from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.