John McAfee Still Bullish, Did Banks Start Buying Crypto

in #bitcoin6 years ago


The cryptocurrency market has had a big bounce into the $300 billion range overnight. The massive volume spike was the most Bitcoin volume in a 24 hour period, ever. Could this be the beginnings of the institutional investment wave?

John McAfee appears to be still keeping his wager to eat his own genitalia if Bitcoin doesn't reach $1 million per coin by December 2020. His ultra bullish sentiment is backed by math and statistics. He says the short term drop is irrelevant. I will cover the price targets given by Trace Meyer of Kraken in my next video

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Something that people need to understand is as bizarre as it sounds it is 100% very possible for bitcoin to hit that Million dollar mark and even beyond. Bitccoin is a limited commodity with not a large number of coins circulating unlike out Fiat dollar, once this market reaches the trillion dollar mark like out forex market has we will see bitcoin, Dash , Monero, Litecoin and maybe a few other coins will just explode into the stratified. In the 1700's Oil was something new and profound, if you had it, it would make you "rich quick" loaded so to speak, and now we have this random money making machine again with the crypto market, geeks and nerd who lived in basements 9 years ago are now Multi millionaires and possible Billionaires! Hold the large alts guys

A bounce of that magnitude in such a few hours? omg! I'll be waiting for your video about Tracere Mey

I wish it is. You are so right about Bitcoin. In cryptocurrency market in every refresh on the page 5 bil is added. Amazing....
Haven’t seen the market behave like that in a while.Could the EOS airdrop be a factor too?

We didn't really break the downtrend line yet, but we are certainly heading in the right direction
if this is the beginning of the institutional investment wave then we can imagine what is ahead of us
rocket is about to take off

I had a lot of trouble streeming dtube today but I muttled through. I would assume that the banks are going to be picking up as much crypto as they can and I'm surprised they haven't bought the pot already like in poker.

Like it or not, this man has a lot of influence on the market with his statements. I guess it's good news for the HODLers!!

If it will be ten times lower it's still fine. I'm not greedy :D

For Pierre-Antoine Desouler, CEO of Iban First, an international banking company based in Brussels thinks the same. According to him, "Bitcoin lines of code may be more valuable than gold ingot in the future." Another optimistic information on the future of the cryptocurrency @investing

I'm also a believer, it will reach a very high point until that time.

Hey mr connor is just crazy how this world of crypto is changing. Everything from one night to the next. I just saw your video on YouTube. Great news
thanks for doing a great job
Cheers o/

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