10 Nov Bitcoin Price Is “Very Likely” to Hit $1,000,000, According to Crypto Veteran Bobby Lee
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Crypto baron John McAfee is not a lone member in the $1 mln Bitcoin price predictions club.
Bitcoin veteran Bobby Lee, who’s known as the creator of the very first Chinese crypto exchange BTCC, also believes that the top coin has a good chance to end up in the seven-digit territory, but it is very unlikely to happen as early as in 2020.
#Gold is at about $8 trillion today, which is 50x the worth of #Bitcoin.
I predict the #flippening will happen within 9 years and $BTC will shoot up past USD $500,000.
And with all of the money printing that’s happening globally, $BTC will actually very likely be over $1 million! https://t.co/hbqGze38k5— Bobby Lee – Ballet: Simple & Elegant Wallet (@bobbyclee) November 10, 2019
More scarce than gold
According to Lee, Bitcoin was designed to be “super valuable.” The coin’s yearly inflation is expected to decrease to just 0.5 percent in its twentieth year of existence, which would make BTC more scarce than gold.
#Bitcoin was designed to be…
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