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BTC $500k Within 3 Years!

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LORD MCAFEE, DUKE OF /g/ HAS SPOKEN (second only to Stallman)! HIS WORD IS LAW! ALL IN ON BTC! BUY BUY BUY!!!
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> eat my dick on television
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In three years? No way. Dunno what he was smoking when he typed that.
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>>2808360
He is largest miner in North America and a known con man.
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>>2808360
not smoking, injecting mdpv
>>
This is exactly the brand of insanity I want in the White House
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>>2808432
Can't believe he got snubbed by Aleppo man
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>>2808326
maybe he meant 1 BTC = 500,000 ETH = $20
>>
This is the guy who made MDPV in belize(look up stuffmonger on bluelight) and married a 15 year old
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How would BTC be 500,000 in 3 years. What would have to happen? Is it even phesable? Why would he say something so off skelter?
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I'm going all in now.
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>>2808473
>phesable
>off skelter
Paid Chinese poster working in a government center.
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>>2808473
because he probably just did a 10 inch line of coke off some venezuelan whore's stomach
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>>2808473
thank mr skelter
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>>2808473
half the supply would have to be destroyed
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>>2808326
what would the market cap be, 50 trillion? is there that much fungible money on earth?
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>>2808518
He's taking bets right now. Set up a smart contract and send it to him if you don't believe it.
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$10 000 is much more realistic estimate
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>>2808562
for 3 months, maybe.
>>
BUY BUY BUY
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>>2808326
McAfee's the type of guy who's just waiting for an excuse to eat his dick on national television
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>>2808518
circulating supply is 16,453,350. 21 million bitcoins won't be mined until the year like 2120 plus a lot of bitcoins have been lost or destroyed, so you're looking at a market cap of < 9 trillion for 500K+ bitcoin
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>>2808576
which is only a little more than the market cap for gold. completely doable.
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>Eat my dick on television

You laugh, but the libertarian national convention is about 3 years away. Same convention gave us this gem

https://youtu.be/olYx5LILl34
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>>2808586
even if bitcoin hits 500B marketcap, that's still 30k+ per coin. Who knows what the future holds? Maybe one day we'll see billions of bitcoin users
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>>2808360
I could see a market collapse by the end of 2017 or 2018 (likely) triggering conflicts in Europe (somewhat likely) to the point invaders, traitors and natives end up in a disorganised civil war (unlikely), collapsing the eurozone and taking out other countries with them, at which point Bitcoin could rise to untold heights as most governments fail one by one.

But to claim it as an inevitable event... yeah, the man's off his meds.
>>
>>2808326

Why isn't this faggot working on making MGT even remotely profitable, that stinker has lost me a grand since it was shilled on here a year ago. Still bag holding that worthless stock.
>>
>implying anyone is putting this drunk fuck on national tv
still funny though
>>
GUYS CONSIDER THE FOLLOWING

>JOHN MCAFEE

>JOHN MCAFEE

>JOHN MCAFEE

>JOHN MCAFEE

>JOHN MCAFEE
>>
sad that he will be in prison in 3 years, and has to suck dicks anyway

so it is win- win for him
easy bet
i sold all my btc and w8 for 1k,
500k for a btc. Like there are no others money transfers, how about wirecard, paypal, credicards with easy wireless pays, even with btc you need a smartphone. Nobody cares if the the state or the banks see that you are buying tomatoes in the supermarket.

furthermore btc is still unsave from beeing hacked, banks take responsibility for most hacks and its saved by insurances.
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>>2808746
his word is worth more than yours, faggot
>>
This guy cost /biz/ so much money I remember the MGT threads lol.
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>>2808326
Think he meant $5000
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>>2809056
Yeah nah, it'll be well above $5k in 3 years time.
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>>2808496
kek
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>>2809076
And the man doesn't want to eat his dick on TV.
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>>2808326
https://www.solarbit.cc/million-dollar-bitcoin.html
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>>2808326
>3 Years
I can't wait that much tbqh
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>>2809125
Am i understanding this correctly; this website is saying that if bitcoin were to increase linearly at a rate that is an average of what it has been since it was created, in 3 years and 3 months bitcoin will be 1 million dollars is if follows the current trend?
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>>2809034
Aware me?
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>>2808473
that "phesable" though
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>>2809157
Yup. Which is, you know, kind of pure guesswork. But amusing.
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>>2809197
oh of course not a prediction at all. But interesting.
I saw someone else did an interesting analysis where they put the entirety of bitcoin on a logarithmic chart which seemed pretty interesting as well.
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>>2809162
https://www.google.co.uk/finance?cid=664390

Look at last summer when it was heavily shilled here and then look at september.
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>>2809217
Damn. And they say stocks are supposed to be safer than bit coins
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>>2808326

FUCK YES!!!!!!!


LAMBOS HERE WE COME!!!!!!!

WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOWWWWWWWWWEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
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http://www.prnewswire.com/news-releases/mgt-capital-launches-pilot-program-to-mine-ethereum-300478827.html
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>>2809237
post tits
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>>2809237
what a clown

invaders won't prefer you just a matter of time bitch
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>>2809237
Fuck your refugee shit. There was absolutely no reason for you to accept 1M+ undocumented men who are on their way to make this great country shit. I worked my ass off to make it here and these faggots didn't accept refuge in Turkey because "meh". Now they leech off welfare and pollute the roads with their shit.
Fuck you and fuck Merkel.

t. Arab student living in Germany
>>
is this >>2809237 ahmed for real
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>>2809232
It's a penny stock, those are crazy volatile.
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>>2809232
stocks are controlled by (((them))), how the fuck are they supposed to be safer?
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Aww, I haven't read the deleted muhammad post, that's unfair
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>>2809034
MCAFEE'S WILD RIDE
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>>2808473
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>>2809332
then how come I am still poor cuck in 2017 with 10BTC ?
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>>2808473
No. It will 100% never be that, not even in 10 million years.

If BTC were to reach 500k a coin that means the total market cap for BTC ALONE would be 1.05e+13.

Lets say BTC is 50% of the crypto marketcap at that time then the total marketcap is 2.1e+13
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>>2809346
what
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>>2809346
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500k BTC would mean 8 trillion market cap

It's not even that far out, considering the world GDP is about 80T

It would make BTC 10% of world currency
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>>2809341
Because it's obviously not 2020 yet. Get comfy and hodl.
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>>2809378
market cap for all the gold in the world is around 7 trillion right now
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>>2809382
because gold can only be used as a store of value it's way to clunky to be used as a currency

btc can be used as both so it can easily have a mc way higher than gold
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>>2809388
of course

I was just pointing out a fact thats all

if BTC became the world reserve currency... it would be much higher even
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>>2809346
r u ok dud
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>>2809341
It's called exponential growth: your body is not ready.
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>>2809135
you can't wait 3 years for your 2,000 USD investment to be worth 500,000 USD?
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I never know how to actually interpret threads like this.
I can't tell if it's people making sincere speculations or if it's just desperation and hope that BTC will lift us all out of wageslavery
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>>2809428
little bit of both m8
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>>2809428
it only seems insane because humans just don't understand and can't conceptualize exponential growth.
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>>2809422
it will probably be useless at that point desu
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>>2809378
The effective market cap could be several trillion less than that, considering how many coins were lost or forgotten about when Bitcoin was just a novelty and anyone could mine. Some old coin faucets gave out 1 BTC just for fun.

It suggests that the true value could be much higher.
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>>2809409
17% existent gold held by the devil itself
https://www.youtube.com/watch?v=Ffytnbix07U
>>
>2020
>btc now worth 500k
>mtgox customers hears about this

What will they do?
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>>2809496
The vengance upon boomers and normies will be brutally served.
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Bitcoub? WTF

He obviously meant Bitbean. Libertarians are lall dyslexic.
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>>2809514
Get teh rope
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>>2809303
I gotcha, senpai

">>2808625 #
>invaders, traitors, natives

I hope you die of ass cancer faggot.
Now go back to /pol/

t. German who prefers “invaders“ to Trump"
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>>2808360
Read the whole thread, its satire. Crytpofags are delusional.
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>>2810814
you didn't need to out yourself as a german, your cuck post made that obvious already
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>>2810846
Wasn't me, I was quoting the deleted post.
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>>2809034
I made hundreds when his stock went from pennies to over $4
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>>2808391
his bluelight threads were .... interesting.
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>>2808473
1 post by this ID
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>>2810915

What's your point?
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>>2810915 just got wrecked by >>2810920
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>>2808326
There's literally no chance of that happening. It would make too many people billionaires.
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>>2810920
The point is you're a fucking nigger
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>>2810814
Why, the invaders probably only tolerate you until you they are a majority and then you can be disposed of pretty quickly.

You'd have to be part retarded to think that allowing displacement levels of migration would have a positive impact.
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>>2809371
>Bof fri fleu

WAAAAAAAAT?!
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>>2810947
you got that straight. new crypto elite. deal with it
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>>2810947
yeah dumbass that is why it would never happen. there could be 21 million millionaires also. way too much. 0.25% of worlds popoulation could be millionaires . no man impossible.
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>>2811893
>In 2016, Credit Suisse said there are 33 million millionaires

i always thought 1 million btc would be ridiculous since it seems like it would make too many people rich. but putting it into perspective like that, especially with the btc that is lost and people owning more than 1, it would add maybe 500k-1m new millionaires?
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>>2811912
it all sounds so crazy, but it's true. just a few BTC will make you rich, powerful, and famous. this is God's plan for us, people. he doesn't want us all to be losers. God has brought each of us to this space at the appropriate time for each of us.

And some people were not meant to ever get here at all. They will be our servants. We must treat them well, however. Don't abuse them like some kind of slave master.
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>>2811893
>there could be 21 million millionaires also.

Except there wouldn't be. For one, millions of coins have already been lost. And second, there's already an uneven distribution. You're going to have a decent number of people with many coins.The Winklevoss have 200k- that's 200,000 fewer supposed millionaires from just one holder. And also, you're going to have a lot of people with some fraction of coins. If Bitcoin hits a million dollars a coin, you're going to have BILLIONS of people using it. That's also going to cut down on available whole-coin holders and possible millionaires.


>way too much. 0.25% of worlds population could be millionaires . no man impossible.


Credit Suisse estimates there already are 35-53 million millionaires globally.

Oh, and who do you think is going to be most likely to acquire million dollar bitcoins as it gets close? Oh, right, multimillionaires who have the resources to invest in speculative assets. So a lot of the holders of a coin are not going to become millionaires from Bitcoin mooning- the millionaire population isn't going to grow from all these people who already were millionaires in the first place.


So of 21 million coins-
* Millions lost
* Millions held by individuals with more than 1
* Millions split amongst billions of uses
* Millions held by individuals who already are millionaires


I don't think you'd be outright minting more than 2-3 millionaires.
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>>2810814
t. turk
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we all gonna be fuckin rich, mang
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>>2810814
>he doesn't have in-group preference

you're digging your own grave
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>>2811992
lol thanks. according to btc rich list just 3% of wallets hold more than one btc. right now there would be half a million millionaires and a few thousand billionaires if btc reaches 1 million usd
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>>2809371
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>>2808326
Won't happen. There's 16M BTC in circulation right now. At $500K, BTC would have a market cap of over $8 trillion. And that's not even considering the extra bitcoins that will be mined by then.

China's GDP is only $10 trillion, for comparison
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>>2812165
bitcoin is digital gold
gold's market cap is about 7 trillion
it's totally doable, faggot. and you aren't accounting for all the lost bitcoins like a noob.
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>>2812089
That's my goal your phone at least one Bitcoin. I'm halfway there. Sure hope it doesn't Moon too soon I need a couple more months.
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>>2812089
This is almost useless with BTC spread across multiple address
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>>2808625
>Not sure if you troll, or if you are just an incredible uneducated inbred whitetrash mongrel (just like every other american).
This made me laugh a little
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>>2810814
For all the murricans hating on this guy..
>6.3 mln Africans out of 80 million population = 8% (Source: German Bureau of Statistics https://www.destatis.de/EN/FactsFigures/SocietyState/Population/MigrationIntegration/Tables_PersonsMigrationBackground/MigrantStatusGroupsOfCountries.html)
Let me compare that to US:
> 13.3% Nignogs (Source: https://www.census.gov/quickfacts/fact/table/US#viewtop)
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>>2812273
1/3 of murricans are literally non-white
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>>2812333
According to the media anytime a spic shoots someone they are white.
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>>2812350
iss danyurous for a gringo around these parts, pend-ehoh
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>>2812089
>implying 1 wallet = 1 holder
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Am I reading this right? Resistance at 2330?
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>>2808326
That's just a ridiculous thing to say. He's trying to fuel speculation so that his own bags grow in value.

And it will work, let me buy some BTC.
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>>2808473
t. chink spy
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bitcoin will be at $10k at its peak at best in our lifetime if it doesn't crash and never recover before.
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>>2812644
t. jew banker redditor who's going to go all in on BTU
Thread posts: 116
Thread images: 15


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