The Case For The Million Dollar Bitcoin. It Is Possible? When Will It Happen?

50 Comments

1. ⏰ Time Stamps ⏰
   
   00:08 Introduction
   
   00:28 John McAfee Bets Bitcoin Will Hit 1 Million By 2020
   
   01:41 I Believe Bitcoin Will 1 Million In 15-25 Years
   
   02:09 1 Million Dollar Bitcoin Is Possible Because of The Tech
   
   02:42 Bitcoin Is Free From Control of The Elite & Is The Best Form of Money
   
   03:26 Bitcoin Hype Cycles Will Help Push The Price Up
   
   04:47 Hype Cycles Bring Attention To Bitcoin From All Walks of Life & Create Die Hard Holders
   
   05:59 Die Hard Holders & Halving Events Create Scarcity & Low Supply
   
   06:23 Millionaires Across The Globe Will Want 1 Whole Bitcoin
   
   06:58 How Will Bitcoin Reach A 21 Trillion Dollar Market Cap?
   
   08:45 Conclusion 1 Satoshi Equals 1 Satoshi

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4. Nice information #Cryptoinfolt

5. A negative spin on inflated fiat is that fewer people will be willing (or have means) to "invest" in bitcoin when they are desperately trying to put food on their tables in a recession.

   Time will tell. I'm hoping for the former over the latter.

6. 🙁 MJ

7. Zohan you need a bitcoin hackey sack! Maybe McAfee knows something about the global economy and the coming recession about 2020

8. 2019 : $100k
   2021: $ 1 Million

9. carefull he said Bircoin 😀 not Bitcoin

10. Great content as always Tyler!

11. You on a cycle? Looking diesel

12. im almost 50 and im hoping to get rich off of this way before then

13. Also many bitcoins are lost and hence removed from the network so obviously 1 million is inevitable to happen.

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15. Your all a bunch of stupid fucktards if you believe this assclown..

16. What will Cardano be worth by then? ?

17. More of a chance for XRP to go to $100 than BTC to hit $1,000,000

18. Bitcoin could reach 1 Mil. by 2022 but not because it goes up that much…has more to do with the decline of the dollar and coming hyperinflation…the dollar ,fiat is unsustainable and Bitcoin is the best store of value!

19. If the institutional money starts seriously flowing in 2012-2013 bull run could repeat itself and that would take us to 1 million or very close by the end of 2020 , but the crucial condition really is, that the institutions commit full scale. Why would they? Well… The fiat banking system is so completely fecked, that an alternative solution is really needed. Pronto too.

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21. Great video .
    while i see the way you got to 1 million by that time frame .I am never bought on doing that for crypto even if it has shown this in the past ,this wave effect .
    The thing is btc will be taken up ,scooped up by the population soon enough ,sooner rather than later .Also what if Russia and China chime in , other countries then the timeline becomes irrelevant .You can only see where BTC has been ,you can never see how fast or slow its future is or where it is going ,the future can pick you up and throw you a massive curve ball of unexpected proportions.It did this back in 2010 -2011 And no one can predict that or did .I personal feel that it could hit gigantic numbers within 4 years as the crypto market waits for no one , i've never seen any other technology move so fast .Just my irrelevant thoughts

22. Great content I think btc will hit 250000 in the next Gartner hype cycle then possible 1M in the cycle after. 1M per btc is a massive mental barrier thou. Hodling my btc to the top.

23. hodl ers not milion ers

24. Available supply 17.6 million. In 10 to 15 years It won't t to be much more than that. Takes 140 years for the rest of the Bitcoin to be made. And then you take five or 6 million lost Bitcoin out of the equation.
    So maybe in 10 to 15 years there is 14 million Bitcoin. seeimg it takes 140 years to mint to last 3.4 million.
    To be a million dollar coin and team to 15 years it's going to be a 14 trillion market cap. You don't need to find all the rest of the money. Also it's not like everyone's going to be paying a million dollars so you don't need to find half of where that money has to come from. At the moment they say 1 billion cash in the crypto add 50 billion to the Krypton market cap. So maybe you already need to find 5 trillion cash to make it a $1 million coin.

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26. McAffee can be right if the Fed starts more QE and the world loses faith in USD

27. If anyone hasn’t seen Bob Loukas’ video on the Bitcoin four year cycles definitely need to check them out…it’ll up your holding power confidence. I’m definitely on board with him, in that this may be the last right translated cycle (aprox 3 years bull/1 year bear market). IMO this parabolic move and in turn blow off top will be tremendous…possibly taking us to 250k+, followed by a huge blow off top dropping prices back sub 100k…entering us into a an extended 3 year bear market, shorter but intense bull markets following (similar to gold) gradual increase then over next ten years from 100k to 1 million. So this is the time to put your entire Bitcoin hold/sell strategy in place…before the inevitable greed factor hits when this goes parabolic in 1-2 years.

28. There are 4 stages to BTC's 4 year cycle: 1 year bear market, 1 year side-ways consolidation, 1 year going back to previous highs, and 1 year making new all-time highs. We should hit $100K+ in 2021, and 1 million in 2025.

29. yes Bro..but innerstanding flat earth means there is never any scarcity ..there is always more being produced from the centre..this model of scarcity we have been indoctrinated with is based on fear of there being no more!thats an artificial construct….Bitcoin will be crushed eventually by eco friendly Flat Earth Coin..&it will smash the fake moon..braap braap! ..namaste from the far side..speak truth to power x

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31. I'm going to term this cycle the integration cycle. This is where the coin catches up to the spending technology. So I term this cycle the Integration Cycle.

32. I don't think the charts can predict it.I think all the whales know its going up by the halving. Thats because of banks getting involved. everyone has bitcoin now but can't spend it at the store. when the bank cards hit for bitcoin like the coinbase card its going to skyrocket. especially when people keep it in the bank and hold until they spend. it will shift from stock trading patterns to use when then it will explode. anyone who buys and holds 180 million will be 2-3 billionaires. Now is the time to buy 4-6 range.

33. Well Done…..

34. Who will validate once all coins are mined? Power consumption concerns? Variable fees? Conformation wait times? Centralized mining pools?

35. You didnt even include the massively overpriced property market… Bullish

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37. I have decades to retire and sit by the beach somewhere in the Bahamas. I will be a Bitllionare just like you all. My target is to own 10 Bitcoins. What's your target?

38. This depends on how you look at the 1mil valuation.

    If you are looking at the top of a bull run then I can see this happening in the next bull run or maybe the only after that. After which it would fall back down to 250k (Loosing 75%)

    If you are talking about it being worth 1mil at any point (Bull or bear) then yes, 20+ years out is reasonable.

39. Every time i see you holding that microphone i get the urge to clean my toilet.
    Keep up the good work!

40. Good stuff! Those streams are getting better by the day

41. Well let's do the math of 2017 Bitcoin's bull run. Bitcoin was just over $800 at the lowest in 2017. Then made it to about $19,600 by December 16th. If the same bull run for 2020 comes for Bitcoin's next halving since Bitcoin is now around $5000, the price of bitcoin will be around $125,000 by the end of 2020. That's if history repeats itself. But because new users are involved by the thousands, potentially millions. More miners are involved. It is more realistic to see a minimum of $250 thousand or $200 thousand per bitcoin by 2021 – 2022 than $125K. Most users will not hodl like you and I. They see Bitcoin as a stock market phenomenon. Not as the future of money. Even if Bitcoin does not go anywhere and stays one consistent value. I will still purchase. Because I like Bitcoin far better than fiat. The benefits are greater. Mr. McAfee who predicts a million dollar bitcoin or more would certainly be a phenomenon. I don't understand how the hell it would grow that fast though? Rest assured if it grows to a million by the end of 2020. There will be crash like you've never seen in the history of the markets. After the fact. It will be a sad time for many. But a great time for many too.

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43. Yo Chico. Honest question. Do you really think bitcoin will be used in everyday transactions? The network has a hard time keeping up during bull markets. Or do you think it’s more of a store or value and something else will be used in transactions? Maybe litecoin?

44. Looking swole brother

45. If Bitcoin doesn't crash if the next 2 years…

46. john macafee is too soon, but you're to far away, the million will come in 4 to 7 years, BRING ON THE ONE CENT SATOSHI!!!!

47. Mcafee is going to have to eat his manhood

48. I hope your wrong i expect a 100K BTC by 2021. I do not expect it to survive long enough at the top to reach 1 million. Unless they can scale it to match the volume & adoption it would need to reach 1million. It is a 7 year cycle that you need to watch for. 4 year only tells when a Bear market cycle starts to come to a close. It takes 2-3 more years to build back up to a major BullRun like in 2017. I would love to talk with you more. I am one of the best at what i do. I day trade due to auto-immune disability to get by. I refuse to be on government handout. I would love to spread my knowledge but am introverted. Need someone to be a face of my future channel or to partner with. Follow me at twitter @ErzChristopher. I agree with your case but that is only going to happen if their scalability can match the trchnology in 2035. Which is why i think it will max in value around 2025-2027. Love to hear your opinion. Much respect. Namaste.

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