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Topic: John McAfee Says- If Bitcoin Breaks 100k you can bet it will break a million (Read 1253 times)

jr. member
Activity: 378
Merit: 1
Lot of predictions came from John McAfee, but how many predictions became true ? Lots of investors lost fund during last bull run due to his fake predictions. I will not say that bitcoin could not touch $1 Million, but don't think it will happen too early. Overall makert is fine and bitcoin growth is healthy, so we can see a good price end of this year like all time high. But I am not expecting $1 Million even end of 2020.
While I think the predictions McAfee gives are too positive especially when it comes to the timing of those predictions, the truth is that anyone that is investing following the predictions of someone else deserve whatever they get, if there are people that lost money following his predictions then they should use that as a lesson and learn how to make predictions that gives them profits by themselves otherwise their career as investors will surely be a short one.
McAfee is quite a famous person and there are always many investments related to bitcoin and crypto, and so he always makes extremely positive predictions about the future and the value of this market is certain because he is an investor, he never expects failure in investment, he always takes advantage of his popularity and influence to create crowd effects in the market, the main purpose is profit. Believing in his predictions is just silly, a lot of evidence has shown the deviation and impracticality from the numbers he says, using our knowledge and perspective will be wiser

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Lot of predictions came from John McAfee, but how many predictions became true ? Lots of investors lost fund during last bull run due to his fake predictions. I will not say that bitcoin could not touch $1 Million, but don't think it will happen too early. Overall makert is fine and bitcoin growth is healthy, so we can see a good price end of this year like all time high. But I am not expecting $1 Million even end of 2020.
While I think the predictions McAfee gives are too positive especially when it comes to the timing of those predictions, the truth is that anyone that is investing following the predictions of someone else deserve whatever they get, if there are people that lost money following his predictions then they should use that as a lesson and learn how to make predictions that gives them profits by themselves otherwise their career as investors will surely be a short one.
legendary
Activity: 3010
Merit: 8114
-To date, I am unaware of a single bitcoin prediction that John has missed - maybe you can enlighten me.

Oh buddy. You must have been living under a rock. Pretty much every prediction he's ever made about any cryptocurrency - and especially bitcoin - has been extraordinarily wrong.

Here's just a couple of examples.

December 2017: "Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else" (BTC of course was in a bubble which popped less than a month later)

May 2018: “Bitcoin will surpass $15,000 in June. Will dip in July.” (BTC went down from $7500 to $6400 in June)

His predictions are now much more general and he doesn't give dates. All of his altcoin predictions have been dead wrong. Every. Single. One.

The man is a paid liar and everyone who makes investments based on his words stands to lose a great deal of money.
newbie
Activity: 60
Merit: 0
A million is a very high number I doubt it can reach that level, when it hit too high usually people will find alternative, the rising price will affected the fee, its good to see someone really enthusiastic about bitcoin but we can't expect this based on a person view and word, it takes a big adoption to make bitcoin reach a million

In all fairness these were the same thoughts when people talked about it hitting $100.
member
Activity: 308
Merit: 35
Lot of predictions came from John McAfee, but how many predictions became true ? Lots of investors lost fund during last bull run due to his fake predictions. I will not say that bitcoin could not touch $1 Million, but don't think it will happen too early. Overall makert is fine and bitcoin growth is healthy, so we can see a good price end of this year like all time high. But I am not expecting $1 Million even end of 2020.

Wtf are you blabbering about?
-His predictions aren't "fake", they are just that - John's predictions.
-His predictions about $500k and $1m bitcoin are all by end of 2020, so anyone doing anything based on his predictions and losing money cannot blaim John, they only have themselves to blame.
-To date, I am unaware of a single bitcoin prediction that John has missed - maybe you can enlighten me.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
Lot of predictions came from John McAfee, but how many predictions became true ? Lots of investors lost fund during last bull run due to his fake predictions. I will not say that bitcoin could not touch $1 Million, but don't think it will happen too early. Overall makert is fine and bitcoin growth is healthy, so we can see a good price end of this year like all time high. But I am not expecting $1 Million even end of 2020.
legendary
Activity: 3094
Merit: 1127
right we wonder is this the last time we saw price of Bitcoin under 10k!? Maybe June 2019 will be remembered by that.

I doubt that unless the demand has increased by such a degree that $10,000 forms some sort of a fundamental floor.

If we look back, Bitcoin has always been generous offering people a second chance to buy at certain lower levels people don't think are possible to reach anymore. This doesn't mean that we will go back to $4000 or $5000 but a revisit of sub $10,000 levels is definitely not impossible. I would say that a price between $7000-$8000 is still realistic once the momentum runs out.

Of course, people don't want to hear anything about going back to sub $10,000 but you got to be realistic. Being a moonboy works against you more often than it helps you.
This is the most common problem for anyone on where if they do look the price is mooning they do like to see it all the way to the heavens without even
thinking on the possible correction that lies ahead afterwards if the momentum has weaken.A healthy market do have always a price correction and
its an inevitable thing that should be considered anytime.
member
Activity: 980
Merit: 62
We doubt him, because we are used to the slow nature of fiat money.


It is just lying all around in order to make his own benefits this is why we don't trust and we don't believe him.
It is not about slow nature of fiat money but it is about the nature of logical thinking.
member
Activity: 308
Merit: 35
John McAfee, the future presidential candidate says that If Bitcoin Breaks 100k you can bet it will break a million.

What's your point of view on this, let me know!

John McAfee is crazy and fuckedmind person.

He's a troll, don't care about the troll and don't feed the troll. Ignore him.

    I think he is right about this. Anything is possible with Bitcoin, and if price get to 100k what can stop it from getting to
1 Million? Remember that many people never imagined that Bitcoin can get to 10k, we are there twice in two years. With
right we wonder is this the last time we saw price of Bitcoin under 10k!? Maybe June 2019 will be remembered by that.

100k to 1MM however...  getting to 1MM will require a not insignificant amount of the world's wealth..   I do put 1MM well within the realm of possible... I do not think it will happen as quick or easy as the 1k -> 10k -> 100k  jumps...

Coming off the 4 year low, bitcoin moved like a snail to go from $200 to $800 - it took over a year. This last 4 year cycle low (assuming it's the low here, but it's a pretty safe assumption) bitcoin moved from $3k to $12k in a few weeks.
Maybe the higher the price exponentially, the easier the moves become. This isn't like any asset the world has ever seen, it's basically writing it's own history.

jr. member
Activity: 50
Merit: 57
John McAfee, the future presidential candidate says that If Bitcoin Breaks 100k you can bet it will break a million.

What's your point of view on this, let me know!

John McAfee is crazy and fuckedmind person.

He's a troll, don't care about the troll and don't feed the troll. Ignore him.

    I think he is right about this. Anything is possible with Bitcoin, and if price get to 100k what can stop it from getting to
1 Million? Remember that many people never imagined that Bitcoin can get to 10k, we are there twice in two years. With
right we wonder is this the last time we saw price of Bitcoin under 10k!? Maybe June 2019 will be remembered by that.

While I'm all for treating price jumps as percentage gains instead of raw values.. there does come a time when that breaks down... 

1k to 10k.. yeah.. treat that as a 1000% gain and compare that to 10k to 100k ..  that is reasonable..  In the grand scheme of things, the market caps on all of these are a rounding error....

100k to 1MM however...  getting to 1MM will require a not insignificant amount of the world's wealth..   I do put 1MM well within the realm of possible... I do not think it will happen as quick or easy as the 1k -> 10k -> 100k  jumps...

member
Activity: 308
Merit: 35
It's this simple: those who believe in Mcafee's words will benefit when the price of 1 btc crosses $1m usd. Those who don't believe in his words, which is most here and nearly all outside of this forum, won't.
I used to think that patience was the number one ingredient in getting rich in crypto, but I think the ability to believe in the seemingly impossible is even more important.
legendary
Activity: 3010
Merit: 8114
We doubt him, because we are used to the slow nature of fiat money.


I doubt him because he has a propensity for lying and otherwise saying anything that will make him the subject of attention.
sr. member
Activity: 1400
Merit: 347
We doubt him, because we are used to the slow nature of fiat money.
legendary
Activity: 2170
Merit: 1427
right we wonder is this the last time we saw price of Bitcoin under 10k!? Maybe June 2019 will be remembered by that.

I doubt that unless the demand has increased by such a degree that $10,000 forms some sort of a fundamental floor.

If we look back, Bitcoin has always been generous offering people a second chance to buy at certain lower levels people don't think are possible to reach anymore. This doesn't mean that we will go back to $4000 or $5000 but a revisit of sub $10,000 levels is definitely not impossible. I would say that a price between $7000-$8000 is still realistic once the momentum runs out.

Of course, people don't want to hear anything about going back to sub $10,000 but you got to be realistic. Being a moonboy works against you more often than it helps you.
jr. member
Activity: 289
Merit: 3
John McAfee, the future presidential candidate says that If Bitcoin Breaks 100k you can bet it will break a million.

What's your point of view on this, let me know!
Do not take him too seriously.  When people gets old they usually just talk without meaning anything :-P

Well!! A lot of people will believe in his predictions
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
 
John McAfee, the future presidential candidate says that If Bitcoin Breaks 100k you can bet it will break a million.

What's your point of view on this, let me know!

John McAfee is crazy and fuckedmind person.

He's a troll, don't care about the troll and don't feed the troll. Ignore him.

    I think he is right about this. Anything is possible with Bitcoin, and if price get to 100k what can stop it from getting to
1 Million? Remember that many people never imagined that Bitcoin can get to 10k, we are there twice in two years. With
right we wonder is this the last time we saw price of Bitcoin under 10k!? Maybe June 2019 will be remembered by that.
legendary
Activity: 3696
Merit: 4343
The hacker spirit breaks any spell
John McAfee, the future presidential candidate says that If Bitcoin Breaks 100k you can bet it will break a million.

What's your point of view on this, let me know!

John McAfee is crazy and fuckedmind person.

He's a troll, don't care about the troll and don't feed the troll. Ignore him.
full member
Activity: 1638
Merit: 122
According to my opinion, if bitcoin will hit 100k it will move very fast..

100k usd is not a high amount and i dont believe that bitcoin can reach it in a quick manner because if its true then why do you think bitcoins price is still low ? maybe because of the nature of volatility hmmm ?  but being volatile is not a hindrance to make a big progress if people really wants to pump bitcoin  . 100k usd is possible but it will take alot of years  . my prediction will be 5 to 10 years or more .  we must first need to make bitcoin popular so that we can attract more investors  .
sr. member
Activity: 1988
Merit: 453
Tyler Winklevoss' statement made more sense, probably implying that the bear market is over if BTC hits $10,000, hence it will likely go to $15,000. McAfee's statement though? Made no sense whatsoever. Dude's just trying to hype up bitcoin.

Winklevoss has invested heavily in Bitcoin, and as per the latest estimates he is holding around $1.1 billion worth of BTC. He makes his statements very carefully, and that too after undertaking a lot of analysis and research. McAfee on the other hand, is behaving like a little boy for the past 2-3 years. He is scared it seems, as he can still be extradited for tax evasion.
legendary
Activity: 1946
Merit: 1137
Lol I don't listen what McAfee has to say any more. He may be fun to watch but his advice have 0 weight for me.

How can you explain that shitcoins he promotes have 80$ value one day and less then a dollar 2 months later??

this is exactly the only point of every single statement that McAfee has ever made about bitcoin and its future price. all that has been to gain popularity and attention from users so that he could advertise shitcoins to get them pumped (either because he bought them before and wanted to sell or were paid to pump them) and make a ton of profit.
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