Author

Topic: John Mcafee will eat his winkle if BTC isn't $500,000 by 2020 (Read 1366 times)

legendary
Activity: 1204
Merit: 1028
McAffee is known for his drug usage and hooker adventures, he may have been high, but the math is there, it may grow in an exponential fashion and then we are not ready to see such growth because our minds are not really hard wired to think inters of algorithmic exponential graphs, a lot of people are judging bitcoin with the linear graph on and think it's a bubble which is a big mistake.

Those linear graph analysis were created with stock markets in mind, stock markets which are under heavy regulation by the State, with its taxes and policies.

Bitcoin have near to zero regulation in most countries, it's a alien monster in the room, so anything is possible.


This guy gets it. You can't use the linear graph for bitcoin, because it's a global asset, it is really something unique, massive amount of wealth can flock in and create an huge price increase easily.

The people using the linear graph will always see an huge green candle in all time graph and will always think it's going to crash but it will keep going up.
legendary
Activity: 2062
Merit: 1035
Fill Your Barrel with Bitcoins!
Finally someone who puts their genitalia where there mouth is.
sr. member
Activity: 854
Merit: 307
 Grin someone made a nice comment on ZH : take on the bet, for let 's say 200 K. Buy 100 K BTC. No matter how it ends, you win... . Cool
sr. member
Activity: 1400
Merit: 347
McAffee is known for his drug usage and hooker adventures, he may have been high, but the math is there, it may grow in an exponential fashion and then we are not ready to see such growth because our minds are not really hard wired to think inters of algorithmic exponential graphs, a lot of people are judging bitcoin with the linear graph on and think it's a bubble which is a big mistake.

Those linear graph analysis were created with stock markets in mind, stock markets which are under heavy regulation by the State, with its taxes and policies.

Bitcoin have near to zero regulation in most countries, it's a alien monster in the room, so anything is possible.
legendary
Activity: 1442
Merit: 1016
That guy is crazy. He should stop drinking and sniff less bath salts!
When you read the discussion below his tweet it looks like he is talking about a centralized chinese version of Bitcoin, as he is definitely following Jihan who in his opinion is one of the smartest guys out there.
Don't know how any normal behaving person can take this guy seriously?!
legendary
Activity: 1204
Merit: 1028
McAffee is known for his drug usage and hooker adventures, he may have been high, but the math is there, it may grow in an exponential fashion and then we are not ready to see such growth because our minds are not really hard wired to think inters of algorithmic exponential graphs, a lot of people are judging bitcoin with the linear graph on and think it's a bubble which is a big mistake.
legendary
Activity: 3780
Merit: 5429
John Mcafee's prediction will come true right after Kim Dot Com releases his MegaUpload 2.0 with bitcoin integration.

Like when hell freezes over.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Well if that does happen on national TV one day I would go  Shocked
Wonder why and then come back to this thread and be like oh ya a gentleman with a D told me that this would happen one day ^^.
(But ya 3 years maybe he's planning gonad surgery or testicular cancer?)
full member
Activity: 219
Merit: 100
Art is the triumph over chaos
in just 3 years ? u got to be kidding me ? hmm, sounds impossible... but it might, who knows
sr. member
Activity: 1400
Merit: 347
https://twitter.com/officialmcafee/status/887024683379544065

A bold claim. I'm not sure which is bolder.

Ludicrous but fun all the same. I do believe 2020 is going to be pretty spectacular if Bitcoin remains above ground.

As an aside can anyone tell me when John Mcafee became a Bitcoin mogul? He seems to have appeared out of nowhere relatively recently. When did he first start talking about it?

I think he is just trying to attract some newbie's but the price is really high and I don't really think that bitcoin would be that high,
It seems really impossible for bitcoin to reach that high half a million in just 3 years and look at it's current price it is really just a dream and it is hard to believe.

Newbies are not gonna make this higher, but companies, that's another story.

There's not big money (from companies, banks, governments, etc) in bitcoin yet, and maybe all this FUD was to get rid of weak hands so that the big guys could enter the market and only exchange with the strong ones.
hero member
Activity: 2366
Merit: 594
https://twitter.com/officialmcafee/status/887024683379544065

A bold claim. I'm not sure which is bolder.

Ludicrous but fun all the same. I do believe 2020 is going to be pretty spectacular if Bitcoin remains above ground.

As an aside can anyone tell me when John Mcafee became a Bitcoin mogul? He seems to have appeared out of nowhere relatively recently. When did he first start talking about it?

I think he is just trying to attract some newbie's but the price is really high and I don't really think that bitcoin would be that high,
It seems really impossible for bitcoin to reach that high half a million in just 3 years and look at it's current price it is really just a dream and it is hard to believe.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
John Mcafee isn't stupid.

He is completely batty though which might have inspired the tweet. He probably snorted a couple of litres of vodka from some young hooker's eye socket.
legendary
Activity: 3892
Merit: 4331
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Isn't a "dick" a spotted British pudding.

Meanwhile a "winkle" is a delicious shellfish, sort of a marine escargot.

John Mcafee isn't stupid.

$500k bitcoins are certainly within the realm of possibility but not hardly a certainty.

I like his style though. Too bad his AV software sucks.
sr. member
Activity: 546
Merit: 253
I think John had a LOT to drink while making that comment, maybe on some crack as well. I can assure everyone that when bitcoin isn't anywhere near $500k in 2020 that John will welch on this bet, mystery solved.
hero member
Activity: 658
Merit: 503
Bear with me
Bitcoin may be the TCP/IP of money. I'm hyped as fuck today.
legendary
Activity: 2576
Merit: 1087
Pft. It's obvious now.

HODLers know. They have known it. The know it. They continue to know. Spartans...
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
As an aside can anyone tell me when John Mcafee became a Bitcoin mogul? He seems to have appeared out of nowhere relatively recently. When did he first start talking about it?


I believe Erik Voorhees and Ver had a sit down chat with him at some point and he was hooked ... they are partners in a bitcoin mining venture in WA state since around that time also.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
https://twitter.com/officialmcafee/status/887024683379544065

A bold claim. I'm not sure which is bolder.

Ludicrous but fun all the same. I do believe 2020 is going to be pretty spectacular if Bitcoin remains above ground.

As an aside can anyone tell me when John Mcafee became a Bitcoin mogul? He seems to have appeared out of nowhere relatively recently. When did he first start talking about it?
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