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Topic: John McAfee Says “Bitcoin under $9,500. If you are panicking, you are a fool” - page 4. (Read 738 times)

jr. member
Activity: 113
Merit: 5
I'd rather be a fool like John McAfee says and hold my bitcoins without buying than lose everything during the next crash. It’s too risky to do anything now
jr. member
Activity: 108
Merit: 1
Recently Goldman Sachs also made a prediction about Bitcoin. And you know what? This was wrong. Therefore, I would not trust John McAfee and risk my money buying Bitcoin now. Wait for the launch of Bakkt and its bitcoin futures. Now hold your Bitcoins and maybe you could sell it profitably before the start of the bear market
full member
Activity: 1330
Merit: 147
Being bitcoin holder especially for long term investment is indeed have a high risk IMO but you can buy everything if you success to keep save your bitcoin when you found each event. This is depend on you, you can take his prediction if you believe the bitcoin price will goes high in the future but if you don't, there is no reason for you to sell your bitcoin now in order to you avoid the risky thing that will be faced. So as you can buy again when bitcoin price is really down below to $9000. Expect, you will choose long term holder and I suggest to avoid the latest speculation about bitcoin price also avoid to don't the price movement daily.
member
Activity: 686
Merit: 15
John McAfee has always been optimistic of bitcoin price and its ability to bounce back. Only gamblers/speculators will be much more concern at every dip of the bitcoin, the people that have been patiently following bitcoin will never be move regardless of the pricing.
legendary
Activity: 1647
Merit: 1012
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The state of the Bitcoin markets is similar to when BTC dropped to sub $200 (from $1,000 plus) and eventually recovered to around $600. What I observed was the greedy people who bought into the hype and fomo'd Bitcoin into the $1000s were very much disillusioned and decided half of a loss is acceptable. So, they cut losses. At the same time, people who bought the bottom is already cashing out. It would take some time to flush out these people out.  
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
John McAfee quite often comes with price predictions relating some factors, same as that he has put forth the price predictions for the moment to go low to $9500. At times he also gives wild predictions, at times it gets coincidence. This time I believe there is more chances for the price predictions to coincide with McAfee prediction.
legendary
Activity: 2576
Merit: 1655
Lol, You can go on Youtube and see that John McAfee keeps repeating himself, as far as I can remember he already echo this sentiments in Nov 2018 and then May 2019. And it just common sense though, you don't need to be a a so called "guru" or "expert" and tell the world what you need to do. This is just a way for John to stay in relevant and at least still in the limelight of crypto verse. No need to give him accolade for calling this one out.
legendary
Activity: 2030
Merit: 1563
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Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

What's your take john mcafee's view?

He is not popular, and i don't even know why you bring his comment which nobody should be paying attention to. He is always making outrageous claims to attract attention, and that's it.

This particular comment is correct, and that is rare. Perhaps he knows he has zero credibility, and yes nobody should be reading him. BTW At this moment it is above 9500...
full member
Activity: 1302
Merit: 110
SOL.BIOKRIPT.COM
Nothing new. same old John MacAfee, I am only interest in the time he will be eating his own sausage on national TV. The thing is you will be surely more than a fool if you panic and sell you bitcoin now, it would be sale for others and you will be the ones who will cry later on.
legendary
Activity: 3668
Merit: 6382
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Although this time I would tend to tell that he's right, it's still worth remembering that his statement is biased (he is Bitcoin supporter after all) and that his statement is there only that people will talk about him again.
So no, please don't take him serious.
full member
Activity: 1736
Merit: 121
John McAfee has been in the news about bitcoin and this in my view isn't going to be the last. At this time, I think he is correct that people shouldn't get all panicking but calling people fools is what seem not right for me though Grin They could be newbie or at best short term hodlers who have made some profit and don't want to lose it totally.
sr. member
Activity: 2338
Merit: 338
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?




No,  it wasn't look panicking for me unless the price will turn back into $1...that was closely to nothing but looks impossible by then.
It only cause panic when we are in troubled and have doubts but for us who knows crypto's capabilities...it simply it won't affect and just ignore.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?
As a Bitcoin Hodler, I totally agree with him. Those who are panicking with the recent dump of the market are either foolish investors or newbie investors. This is the time to accumulate more Bitcoin and not to panic sell. I trust Bitcoin and crypto so I believe that this is just a correction and in the long run, Bitcoin will go higher than its previous ATH.
full member
Activity: 658
Merit: 100
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?




Yes! That's how they created Fun in order to scare investors to profit from it, to me the smart way now is to hold Bitcoin in a tight, long-term way is the best way.
jr. member
Activity: 289
Merit: 3
Taking a rich persons public statement about investments seriously, is always a bad idea

Exactly, but knowing the future forecast of the particular coin is one of the best idea for any investor.
legendary
Activity: 3472
Merit: 10611
in other words McAfee yet again made another obvious statement just to remain in the media and sites like OP's love him for providing them with material to write stuff every day Wink
otherwise anything below $10k has been a great discount this entire year starting from the time when we were at $6k and that nasty fall came along and brought the price down to $3k. this is no different either, it is just a matter of time before this sideways action ends too and we see $15k in a week after it ends.
copper member
Activity: 17
Merit: 0
Taking a rich persons public statement about investments seriously, is always a bad idea
hero member
Activity: 2842
Merit: 772
John McAfee has said a lot of ridiculous things in the past, so people tend to dismiss most of the statements that he makes. When you say you will cut off your penis and eat it, if something does not happen, then people might think you are a bit crazy... right.  Roll Eyes

Well for once I might agree with him, because a lot of people did not sell their coins when the price dropped with over 80% from it's all time high of $18 000 in 2017.  Huh  There is no significant bad news that are pushing down the price and I suspect someone is dumping lots of coins to push down the price, for them to get back in at a lower price.  Tongue
Right, I think this is the first time that I would have to agree with John here. He raises a good point here, I mean people think that bitcoin by now should be like in the $12k-$13k range because we have so many positive news. So it's quite unusual to see the price going back below five digits.

So I do believed that we shouldn't panic, we have seen bitcoin going on a roller coaster ride since topping $13k so we shouldn't worry about this sudden price. On the contrary take this opportunity to buy and then just HODL specially if you are a long term holder.
hero member
Activity: 1722
Merit: 528
The history is proof of itself.

With a lot of declines or dumps in the past, investors of the said cryptocurrency are still getting good profits until now. Despite the dumps happening, the price can quickly increase, that is how volatile it is. If you will be selling early then you would not get profits you deserve.
legendary
Activity: 1652
Merit: 1036
6.25 ---> 3.125
John McAfee has said a lot of ridiculous things in the past, so people tend to dismiss most of the statements that he makes. When you say you will cut off your penis and eat it, if something does not happen, then people might think you are a bit crazy... right.  Roll Eyes

Well for once I might agree with him, because a lot of people did not sell their coins when the price dropped with over 80% from it's all time high of $18 000 in 2017.  Huh  There is no significant bad news that are pushing down the price and I suspect someone is dumping lots of coins to push down the price, for them to get back in at a lower price.  Tongue

Since 2017 there has been immense institutional involvement. So yes, you are most likely correct with your suspicions. This is a known whale tactic which we have all seen many times in the recent years of bitcoin trading.
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