If Mcafee's prediction is correct, we will all be millionaires in a few years

in #bitcoin7 years ago

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John McAfee, the colorful founder of his namesake antivirus software company, as well as a former fugitive and passionate cryptocurrency backer, says bitcoin is headed toward the $500,000 mark within three years.

Apparently, he’s got a lot riding on it:

17 Jul
MΔgUra @maguraaa
Replying to @officialmcafee
so 1btc 500k $ within 3years?
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John McAfee ✔@officialmcafee
if not, I will eat my dick on national television.
9:02 PM - Jul 17, 2017
202 202 Replies 1,030 1,030 Retweets 2,007 2,007 likes
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That disturbing visual may be a joke, but Bitcoin’s potential is no laughing matter, according to McAfee. In a tweetstorm that began Monday and is still raging, the eccentric techie laid out his bullish case and offered to take any bet to the contrary:

17 Jul
John McAfee ✔ @officialmcafee
Bitcoin bouncing back fast from it technical correction: pic.twitter.com/6jG7FmXRq4
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John McAfee ✔@officialmcafee
Bitcoub's low of $1,800+ yesterday simply could not be maintained. In the long term Bitcoin moves above $500,000 within three years. Bets?
8:14 PM - Jul 17, 2017
221 221 Replies 622 622 Retweets 1,059 1,059 likes
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Of course, there were takers:

17 Jul
John McAfee ✔ @officialmcafee
Replying to @officialmcafee
Bitcoub's low of $1,800+ yesterday simply could not be maintained. In the long term Bitcoin moves above $500,000 within three years. Bets?
Follow
MΔgUra @maguraaa
I want to bet! pic.twitter.com/71WusR7BXP
8:33 PM - Jul 17, 2017
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1 1 Reply 6 6 Retweets 67 67 likes
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McAfee might be on the extreme end, but he’s not the only one with high hopes for Bitcoin and the rest of the cryptos. Fundstrat’s Tom Lee, one of Wall Street’s biggest equity bears, says Bitcoin’s the new gold, with $55,000 possible by 2022.

At last check, Bitcoin was up almost 3 percent to $2,303.28 after dropping below $2,000 over the weekend. It reached a high of $3,018 on June 11.

The overall crypto market topped the $80 billion-mark Tuesday after the recent declines dropped it to a low of $61 billion, according to Coindesk.

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What does this mean for us?

Well, many of us cant afford bitcoin or mine it, but we can easily get hold of satoshis. You see, as the price of a bitcoin goes up, so will the price of a satoshi so buy getting as many as you can at the right time will mean that you can essentially invest in bitcoin on a smaller scale; well currently a smaller scale that will soon explode. Bitcoin over the last 24 hours hit $6000 briefly. Lets not forget that it was almost $2000 less than that a week or so ago.

My message to you is scrape up every satoshi and paying faucet you can and wait 3 years. Money will come your way.

UPvote this post and I will ente you into my 100 000 satoshi giveaway, details coming later today

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I definitely think that John McAfee will be right!

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