You are viewing a single comment's thread from:

RE: A Million Dollar Question.

in #bitcoin8 years ago

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)
Sort:  

great prediction with facts.