Why John McAfee’s Bullish Bet on Bitcoin Price Won’t Succeed?

Why John McAfee’s Bullish Bet on Bitcoin Price Won’t Succeed?

The anti-virus software pioneer John McAfee has presented bullish assumptions in favor of Bitcoin price (BTC) – John McAfee thinks BTC could hit $1 million level by 2020. Though the anti-virus software pioneer had several reasons to support his bet, he also suggests investors invest only the money they can afford to lose – which signifies that he isn’t too confident in its price prediction strategy.

John has based its price target estimate on four key factors:

The limited number of bitcoins, almost a total of 21 million
Higher bitcoin adoption.
A room for growth, …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.


Continue reading…

Powered by WPeMatico

Advertisements
News Reporter