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RE: Bitcoin to $500,000 within 3 years or he'll eat his what?!

in #bitcoin7 years ago

What if he's right. He's a smart cookie, he's been around for long enough and he has deep understanding of the game. Cryptos are on the rise, but Bitcoin will always be the king. It hold value and to my knowledge there is a final count of 21 million bitcoins. That's not that big of a number. The world population is going up so there will be more people as the years pass. So the demand will greatly surpass the supply. Bitcoins also get lost... that shortens the supply more. And as less and less people hold it as the price increases, the demand goes through the roof. If you hold it you wont trade it or buy anything with it. Not any more, now that you've seen the potential. My friend bought mushrooms with 3 bitcoins a few years ago, another friend was buying chocolate on the web with it... 3 coins per bar. We all know this stories don't we?! But now I know a guy who bought a sport car with it. So, the game just got big, and people that are smart cookies, have been around for a while, and played a few hard games are running the show. I'm going to say one thing. I'm keeping my ears down like a little puppy and follow their leed. If anything, John McAfee is an eccentric and controversial figure that doesn't fit the main stream and speaks his mind as he feels. But he's right and he's rich. This just might really go high up guys... really high. As a disclaimer i should mention i'm a noob in this game, new to Steemit even. But it seems to me that now that bitcoin has survived this attack, nothing can stop it. It will gain a role of digital gold. 500 000$ ain't that big a number through those glasses. Just think those chocolate bars ;)