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RE: John McAfee Triples Down on $1 Million Bitcoin by 2020

in #bitcoin7 years ago

That's a very odd rationale for the price of bitcoin to go up that high. No talk on the utility of the coin in relation to the other cryptos. I still think that bitcoin is doing well because of the market's appetite for risk right now. When investors run for safety like in the case of a sell-off I don't know that they would necessarily run to bitcoin.