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Topic: If bitcoin doesn't reach $500K in 3 years.... (Read 1133 times)

legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
With 7 pages of comments, I think this thread has served its purpose and it's just right to lock it. Thank you for all the feedback! 
hero member
Activity: 1484
Merit: 535

source

^ I'd forgotten about this self-imposed challenge  Grin

We know that he backtracked but I just want to remind everyone that even crypto personalities can't predict the market and they get it wrong most of the time. Do not fall for their "expert" opinions. Some of them are paid reviews/opinions anyway.

---------

If you're wondering what he did in the past, check this:

For those noobs who don't know who John McAfee is:

1. John McAfee is the person who promoted scam projects such as SimmitriToken and Zombie Coin
2. He charged ~20% of the total supply of the ICO, in exchange for the promotion
3. In other cases, he charged $105,000 for each tweet he made to promote the scam ICOs
4. He is suspected of involvement of the murder of Gregory Faull in Belize
5. McAfee fled to Guatemala, in order to avoid arrest by Belizean authorities




In this crypto ecosystem, a lot of people love to speculate whenever there is an increase in the market value of a particular crypto coin especially Bitcoin. It is never a good idea to usually base your investment plans on these speculations.  John McAfee in my personal opinion does not understand the Bitcoin market. An increase in the price of Bitcoin in a specific moment in time  does not really promise a potential spike in the market value of Bitcoin in some years to come.  The entire crypto market do not really follow a particular pattern as a lot assumes it does.  
legendary
Activity: 3024
Merit: 2148
It’s funny how some people would be believing that these so called high influence people are telling them on Twitter. What exactly would make anyone in their right sense believe that from last three years to now the price of bitcoin will reach $500,000?

People just act so dumb, and it’s usually those people who are greedy and they are only here just so they can make money and leave. They all are seeing Bitcoin as a means that they can use to grab quick money online and start living those luxurious life. McAfee has done a lot of things that clearly shows that he’s not someone to he trusted.

https://twitter.com/SayBitcoiners/status/1290071693436706817

This tweet summarizes this thing perfectly. People are pulling predictions out of their asses, all these 6-figure predictions have zero basis, it's just a big wild guess. It's not even about whether it will happen or not, it's just the complete lack of any methodology. If someone like that tried to trade stocks by their feelings, they would end up being broke.
hero member
Activity: 2562
Merit: 586
It’s funny how some people would be believing that these so called high influence people are telling them on Twitter. What exactly would make anyone in their right sense believe that from last three years to now the price of bitcoin will reach $500,000?

People just act so dumb, and it’s usually those people who are greedy and they are only here just so they can make money and leave. They all are seeing Bitcoin as a means that they can use to grab quick money online and start living those luxurious life. McAfee has done a lot of things that clearly shows that he’s not someone to he trusted.
hero member
Activity: 2464
Merit: 519
I dont think Mc should be taken serious at any time for his words, sometimes i feel he is getting paid for such role in the space. who can really eat his dick on TV? He still holding bitcoin and a old time maximalist, he as well seen the wall of prison several times and doesnt care. We can not see 500k in next 10 years in my own view but every investor will take a good profit in its 4-5 years of investment.
newbie
Activity: 30
Merit: 0
I don't think it's possible for 3 years. I am sure that the growth will be significant but not so much.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
And the drama continues John Mcfee never cease to amaze me with hilarious speculations personally I see his twit as just to attract attraction ie attention seeker how can someone in his own imagination predict the price of bitcoin to reach a whooping $500K in three years? absolutely this is uncalled for and there is no any fundamental or technical analysis to back it up means his speculations is fictitious and need to be ignored, this is not the first time of Mcfee churning out ineffective predictions we just have to move on with his antics.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
3 years was almost done now, I wonder if He remember this quote way back 2017.
This is obviously that John Mcafee has no credibility and reputation. Because He has a lot of statement that
didn't happened like this one that He stated on Twitter.
I think only the big names carried by him but it has been proven that what he predicted was not proven correctly. all can also do their own research by looking at developments in the cmc or the like, because the movement is also much influenced by many problems.

see halving experience for two times, that we see the incident of bitcoin uphill at its best position is a year later. and that is clear evidence from the previous halving, if the halving in 2020 it can be ascertained that the increase will occur in 2021, starting with the end of 2020 to continue to move towards the positive.

once again these predictions can all be unproven but seeing that there is no harm in being a concern. and continue to monitor for the benefit of the right time to step to obtain benefits that might be missed.
full member
Activity: 924
Merit: 221
3 years was almost done now, I wonder if He remember this quote way back 2017.
This is obviously that John Mcafee has no credibility and reputation. Because He has a lot of statement that
didn't happened like this one that He stated on Twitter.
It was only exaggerated and if it is too much to believe it also. There are times that we undergone a behavior like this having overwhelm on something that one could even say some things that are impossible. Yeah he may sound not credible basing on that twitter post but what actually he did on other things might be credible.

However, I am still looking on that post if he will really do it on a national TV. LOL it should be a rated spg to all the viewers. Good luck on him with this challenge.
full member
Activity: 381
Merit: 101
3 years was almost done now, I wonder if He remember this quote way back 2017.
This is obviously that John Mcafee has no credibility and reputation. Because He has a lot of statement that
didn't happened like this one that He stated on Twitter.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
So unrealistic, we all know that market is not balance, we all know that there's a time it goes up and down. Maybe in the near future it will come. But in 3 years? i doubt, but in my inner side. I am hoping that it reach $500k, no one knows right? 

500,000 is too much. Remember how the market behaved after ATH, a correction of more than 90 percent. Perhaps one day bitcoin will reach such numbers, provided that the entire global economy will show frantic growth. There is really no balance in the market due to volatility, and there are high risks of manipulation of various kinds, which suggests that there is no point in waiting for 500k in the next 3 years, just as there is no point in waiting for McAfee to eat his dick.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
A historical meme that was made.

I think he admitted that it won't happen and it's all for the hype.
It was obviously not ever going to happen, if he had said something like I will eat my hat if bitcoin does not reach a certain price then I could believe he could somehow fulfil his promise, after all in the episode of The Simpsons Homer loves Flanders we see Homer eating a nacho hat and some people have actually taken the time to create one in real life, that way McAfee could have fulfilled his bet, but we know he did not said that and as such it was a challenge impossible to fulfil for him or anyone else really.

As such people should take everything they read with a grain of salt especially if it is something as nonsensical as what McAfee writes.
We might see it in the future but there is no definite time when, maybe after 10 years or 20 years? but with the prediction that he did, he said it for the sake of hype.

He did it and successfully turned everyone to believe him. The Simpsons you gave as an example has also featured bitcoin and many episodes of it predicted the future. We don't know the future but I'm willing to hold for that long maybe 5 or 10 or more years.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I guess this is just for the hype so that a lot of investors will be interested in cryptocurrency.
The only option anyone can do about bitcoin is to speculate and everyone is giving their fair share of speculation for years and there are always two sides to this, we all know that the price of bitcoin would rise but the real practical situation should be the evolution of bitcoin as well, what are the changes we can expect in this three years and i believe the evolution in terms of scaling will play a factor if you are talking about half a million dollars.

You can speculate about bitcoin, but you should have analysis, or you should make your analysis, and don't depend on other people analysis. But unfortunately, many investors don't have analysis, and they come to bitcoin because they see a tagline about bitcoin will skyrocket in the next three years, so don't be late to buy bitcoin. The adoption will also play a factor in making the price to increase. In these three years, bitcoin adoption is up and down following the trend in the market. Many people already frustrated with the bitcoin because they got lose much money in a few years.
legendary
Activity: 2282
Merit: 1023
I guess this is just for the hype so that a lot of investors will be interested in cryptocurrency.
The only option anyone can do about bitcoin is to speculate and everyone is giving their fair share of speculation for years and there are always two sides to this, we all know that the price of bitcoin would rise but the real practical situation should be the evolution of bitcoin as well, what are the changes we can expect in this three years and i believe the evolution in terms of scaling will play a factor if you are talking about half a million dollars.
sr. member
Activity: 1274
Merit: 252
Bad behavior from john McAfee, I think everyone has understood the uselessness and careless actions of McAfee. Since he promoted the scam project, from there many accounts, blame him, especially after many events and actions from McAfee made his name even worse. This made me interested at the beginning of the story of John McAfee, which some people see as a cryptocurrency influencer that people believe in.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
John Mcafee is a popular crypto advertiser. He needs to convey the people to buy bitcoin and hold it. An endorser should always be exaggerated to their followers because they won`t convince people if it is only in normal endorsement. But what he said is really hilarious. I can`t imagine how a popular person can do that in front of media. And, one thing it can`t jumped the price. In fact, surpassing a new ath is really hard for bitcoin to achieve.
legendary
Activity: 2338
Merit: 1084
zknodes.org
John McAfee only speculated and the predictions he posted were just bullshit predictions. We already know who John McFee is. he just wants to be known by people as a fortune teller about the unreasonable price of BTC. I believe the price of bitcoin will go higher than now and then make a new ATH, but the price of $ 500k USD is too high and not possible at the moment.
Don't expect a price of $ 500k, when the price exceeds $ 20k I'm already quite happy.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
Bitcoins value now is already over $500K ,so i think John McAfee is thinking deeply about the words he post on twitter. I don't think if he will do those words he said  Cheesy. He is wrong about what he think about bitcoin

Not sure that would happen. Everyone knew the prediction was a mere joke. McAfee doesn't control the market. How else would he had known Bitcoin would be at $500K in 3 years?  He probably made that tweet because of the epic run bitcoin had that year. I knew a lot of people who made similar predictions like that – the so called "blockchain experts" and influencers. For Bitcoin to reach such price, the adoption needs way high and we don't have such now.

and i think after this time he will lost his followers.

Funny thing is, McAfee is too busy with politics and his ghost project. Nobody who's serious with Bitcoin will take his rants seriously.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
A historical meme that was made.

I think he admitted that it won't happen and it's all for the hype.
It was obviously not ever going to happen, if he had said something like I will eat my hat if bitcoin does not reach a certain price then I could believe he could somehow fulfil his promise, after all in the episode of The Simpsons Homer loves Flanders we see Homer eating a nacho hat and some people have actually taken the time to create one in real life, that way McAfee could have fulfilled his bet, but we know he did not said that and as such it was a challenge impossible to fulfil for him or anyone else really.

As such people should take everything they read with a grain of salt especially if it is something as nonsensical as what McAfee writes.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Haha, he can't eat his dick now, I think it was just a meme or funny response Cheesy, although he was really hoping for Bitcoin BTC to reach $500k,and we all know John McAfee is an investor and he fully believes in Bitcoin so he will always expect it to be at a high price at all time, and we have all seen how bitcoin turned from $0.20 to $20k  in less than a decade, so anything is possible, I still believe $500k per btc is attainable buh in the future not now.

not a meme because it came from his official twitter account but as i see the check mark next to his name  looks blurry  . so im skeptical if its legit or not. just is investor of btc and so i am but what our only difference is that my expectation are not high as his  . i saw the transfromation of btc  3 years ago but thats not enough to kick my motivation thru the roof   .

Quote
I still believe $500k per btc is attainable buh in the future not now.
like on what year  ? 2040's   ? me too but how old are you now  ? not sure if we can reached that year but we can also inherit our coins to our kids

Yeahh, that is a legit post from him and we all know that he is one of the biggest troll here in the internet when it comes to bitcoin  Grin Honestly, John statement is a shit now, since no one believes him anymore because of a lot of garbage statement he throws on bitcoin.

500k$ is so good to be true but still possible, It will take a lot of time but again, Bitcoin came from nothing and Bitcoin always do the unpredictable  Grin
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