Bitcoin 3.0 Could Be Biggest Bitcoin Ever

One Bitcoin enthusiast is rooting for John McAfee to not have to eat his suggestables on live tv. McAfee predicted Bitcoin would soar over 500K by the end of 2020, or he would, well….her’e’s what he said:

 

 

if not, I will eat my dick on national television.— John McAfee (@officialmcafee) July 17, 2017

Bitcoin pioneer expects significant “third act” – Micky News

Mark Jeffrey, who published ‘Bitcoin Explained Simply’ in 2013, believes the price of a Bitcoin will reach $250,000, and the “boom and bust” cycles we’re seeing now are to be expected…..

….Mark Jeffrey believes the long-term future of Bitcoin is bright, and the current down-trend isn’t surprising.

“I think this is very much like the dot com boom and bust cycle that we saw in the late nineties, early 2000s,” he told Mark Pesce on the ‘The Next Billion Seconds’ podcast.

“We’ve just gone through the analogue of that cycle in the crypto universe in a compressed timeframe.

“So in the dot com boom and bust cycle it was about four and a half years, maybe five years. In the crypto world, it was about a year and a half. So it was a lot faster.”

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While Mark may be subconsciously rooting for John Macs Mac (so to speak) his predictions, while awesome for Bitcoin investors, might not be enough to save Mr. Mac.

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Paul Gordon is the publisher and editor of iState.TV. He has published and edited newspapers, poetry magazines and online weekly magazines. He is the director of Social Cognito, an SEO/Web Marketing Company. You can reach Paul at pg@istate.tv