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
- $176,000 by the end of 2018
- $1,936,000 by the end of 2019
- $11,616,000 by mid-2020 (500% increase)
great prediction with facts.