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McAfee: Bitcoin Below $1 Million is Mathematically Impossible by 2020



It is impossible for the bitcoin price to stay below $1 million by the year 2020, said John McAfee.

The British-American cybersecurity expert cited basic mathematics as his single metric to justify his six-figure prediction for bitcoin. He stated that bitcoin’s behavioral economics was utterly different from that of stocks, adding that one could not apply stock paradigms and formulas to realize the coin’s future value.

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Understanding the “Basic Mathematics”

McAfee didn’t precisely dwell into the mathematical formulas that urged him to come with a million dollar valuation for bitcoin….





Read Full Story : NewsBTC

2019-04-16 13:32:52

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