John McAfee predicted $500k in 3 years because he believes as the crypto currencies gain more and more value, fiats will be devalued heavily. If the 100k-500k price will be because of a heavy inflation and a kg of bread will be $100-$200, then 100k-500k won't be much. Let's hope that won't be the case.
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Yes let's hope.
But more than that, let's STEEM ON, it's probably one of the most powerful movements in the crypto space!