September 13, 2018 1150By Robert Johnson
“Why don’t we look at the last Bitcoin? We have thousands of people to mine one coin. What is that coin going to be worth? Maybe billions. Mathematics doesn’t lie. Say what you want, mathematics doesn’t lie. If it’s not a million dollars in 2020, it has to be. The end of 2020, December. That’s my prediction, I’m going to stand by it… it is the number 1 coin for processing transactions. Run the numbers.”McAfee also went onto say that mining for Bitcoin is highly profitable. He also goes onto to say there isn’t anything to lose when mining:
“No matter what the price of Bitcoin, you cannot lose money by mining Bitcoin. Let’s say the price drops to $2000, everybody gets out, and the difficulty rate drops to zero, and you’re cranking out millions of coins per day.”John McAfee will appear at the Blockchain Summit 2018 in Malta as a key speaker which takes part on 1st - 2nd November this year. What are your thoughts? Where do you see Bitcoin going in the next two years? We’d love to hear your thoughts down in the comments below!