John McAfee, Bitcoin enthusiast and owner of the popular McAfee antivirus software, has predicted the bright future for Bitcoin. According to McAfee, Bitcoin price will reach the $1 million by 2020. Prediction is also considered as important because of his last year prediction of $7000 which came true. He is predicting this value on the fact that more and more people are getting associated with Bitcoin along with big financial institutions.
But experts are also anticipating the more and more bumpy rides for Bitcoin as its values goes up and the stability will come after certain period of time, but still they consider Bitcoin is the best thing to invest in.
Here is John McAfee original twitter message:
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my d**k if wrong.
So its time to think seriously about the Bitcoin Investment Strategies.
Keep Steeming!