UPDATE : McAfee: Bitcoin (BTC) At $1 Million By 2020 Is “Conservative”, The True Value Of Bitcoin (BTC) Is Escalating Tremendously

in #parley-bitcoin2 years ago (edited)

"... Interestingly, even as prices stagnate and remain 72% under the infamously funny “McAfee Dick Line,” the eccentric crypto savant has maintained his thought process that Bitcoin (BTC) will somehow surpass $1 million during 2020, a mere ~18 months away.

"...McAfee noted that it’s “simple,” touching on the fact that the growing number of transactions and individuals using the Bitcoin Network indicate that the true value of BTC is “escalating tremendously.”

Just a few days ago, Ethereum World News, reported that Diar, one of the crypto industry’s leading newsletter publications, noted that the number of on-chain BTC transactions throughout Q3 has breached a quarterly year-to-date high, ousting Q1 by a relatively mere 70,000 transactions. Diar’s authors also revealed that BTC transaction counts have been increasing month-over-month by approximately 3-5% for the past nine, making McAfee’s claims all the more valid."

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