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RE: James Altucher predicts bitcoin will reach $1 million by 2020

in #bitcoin7 years ago (edited)

Funny enough, if you exclude the bitcoins that are lost in forgotten wallets (or the keys are stored in a hard drive sitting in some landfill), 15 million millionaires all trying to buy a single bitcoin would not be able to, there's just not enough in circulation.

John MacAfee (Curse his soul for creating the MacAfee virus that infects every pre-built computer) is a smart guy, and James Altucher's comment really points out the logic of the prediction.