article should not be taken as, and is not intended to provide, investment advice. Surely then, there is value in creating a forex account management service bitcoin, he added. Because it costs whatever the paper costs, but it costs me and other miners over 1,000 per coin. Bitcoin, along with the entire cryptocurrency market, has been on a steady decline since reaching that peak, with the cumulative market cap at least 40 lower than what it was a month ago, at least as of the time of writing this article two months. He also made a point that, whether the price goes to 20,000 or it reaches 25,000, it will still be a 200 gain when compared to where the coin is today.
McAfee not only believes that BCH is a possible cash-based payment system, but also that it may dethrone bitcoin as the de facto cryptocurrency. Cointelegraph, McAfee discussed the current state of crypto and reiterated that his famous price prediction of a 1 million Bitcoin is conservative.
As McAfee believes the value of fiat currencies will become increasingly devalued, the real value of 1 million could be drastically different than it is today, which adds a bit of skepticism to his prediction. I now predict Bircoin at 1 million by the end of 2020. If bitcoin were to hit 1 million by 2020, it would have to appreciate a hundred times from its current valuation. Image courtesy of, pexels. Bitcoin (BTC) and has explained this change on cnbcs Fast Money.
Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer. McAfees bitcoin prediction is not all that he has stated in his tweets though. Most likely it will be McAfee.
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