John McAfee, the well known and eccentric pro-crypto entrepreneur, recently stated that he still feels that a $1 Million estimate for the price of Bitcoin in the year 2020 is conservative despite the current bear market. When asked how he thought this was possible, McAfee replied that it’s “simple” and went on to discuss how the growth rate of individuals and transactions on the Bitcoin network indicate that the true value of BTC is “escalating tremendously.” In regards to the current bear market, McAfee stated that “artificial pressures” have only created a “temporary” issue for crypto assets.
Sourcec: https://ethereumworldnews.com/mcafee-bitcoin-btc-at-1-million-by-2020-is-conservative/
Very conservative!
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