Bitcoin Forum

https://www.cryptocoinsnews.com/john-mcafees-1-million-bitcoin-price-bet-leaves-even-the-most-ardent-bitcoin-opponents-praying-that-hes-right/

I sure hope for everyones sake he is spot on.

He's gonna be fine. Would not be worried at all.

Even if he believes in it, I think making this kind of wager is extreme. There are multiple other ways to emphasize your confidence.
$1 Million does look extreme. He has revised his prediction of $500K by 2020 to $1 million by 2020. And he has done this based on Bitcoin's strong rally in 2017.

He knows what he is doing.  ;)

Hope this happen as a bitcoin will make one a million in dollars and a multi-millionaire in my local currency. I have to keep 80% of my current holding till 2020 as this man know and have reason why the bullish momentum is going to make us going towards the moon in 3 years to come. McAfee is a great man and I stand with his comments over this than others financial expert that are  busy attacking bitcoin because there cannot control it.

$1 million within next 2 years, I think its not possible but over $100k in next 2 year is possible as it has already been proved that bitcoin price can multiply by 10x within one year.

$50k+ by end of 2018
$100k+ by end of 2019 or mid of 2020

Just imagine how crazy would it be to see all those people from Philippines and Indonesia being multi millionaires only by holding 0.10 or 0.15 bitcoins.

The same is happening on the country that i am living at the moment, with just five bitcoins you can easily have a living like a multi millionaire in here.

it is crazy, i can not even think about how crazy it would be to me when the price reaches $50k or a little bit more.

There are  50 millions of millionaires in the world right now. There are only 16 millions BTC. I hope we will see people more people with millions in BTC and none in fiat. The world will change. We do not need that State and Central Banks still hold the power to make people rich.

Where do you live if I may ask?

It's going to be weird at night praying that John McAfee doesn't have to eat his own little guy  :o If he is right I will be a very happy person and I might do it for him! 1m still seems so far away but then 10k probably seemed even further away for those really early adopters.

I'm not waiting for him to eat his own but I'm even tuning in with his prediction. I don't care if there's a condition of he will do or eat something. Just let us witness to see the price of bitcoin hitting $1,000,000 on that year and it's even better if that will happen earlier so that he has an assurance that he's one who's good in predicting price or am I the only one thinks* that he'll do something to let this happen?

Is this the legendary beartroll from the single-digits, double-digits, and early triple-digits days?  Or was the account sold?

https://diegorod.github.io/WillMcAfeeEatHisOwnDick/

I think the bet he made is too insane. 1million $ by the end of 2020? I think that is too much and too fast growth. I think that by the end of it bitcoin would be at least 100,000$ but not more than 500,000$. That being said, I think he is gonna eat his own dick after 2020 ends. If for some reason there is a factor making him that confident about his prediction, then it is good I too am hoping to see bitcoin reach those price ranges.

On national TV, McAfee is really determined with his belief I hope that he's still alive on 2020 and see if that will happen for real. $500,000 is already too high for everyone and he's predicting that much at $1,000,000. Still things that are crazy can go into reality and reality can go into legendary and part of history. I'm following his prediction and I hope this will be in reality soon.

He needs to stick to what he does best and that is mediocre at best. McAfee AV sucks balls, so let him eat a dick too. I think he will lose. We will be just coming out of a bear market around the halving of 2020, so not in moontrain mode to get $1m in that year. $1m will happen, but I doubt by 2020. That's another 100x from here. Just not quite seeing it yet.

Bets on what he is going to do if he fails? Because he is not going to eat his dick, obviously.

I know for most of us it sounds crazy but in $11.500 by the end of this year sounded pretty crazy for most people on this forum back in July. People would have been quite happy if price  had been just $5.000 by now.

Obviously, he will lose and he will not eat his d. but i really love this guy he always put Bitcoin on a good image and slams down the  likes of james dimon,  in other words he is the Father of unFUDDERS. I like him, but yeah this is kinda too much for McAfee.

Didn't sell it. It's the same me behind the account.

Y u so famous? What did I miss?

Like others I do hope he is spot on. I am sure if it were to come true many such holders right now will be jumping in joy when that time comes. Even if he is pro bitcoin, I still don't like his betting to eat his own dick for the sake of prediction, it is too much IMO. He should have had bet other things on the line for his speculation or don't bet at all. No one is asking him to bet anything, he should have had leave it to the readers whether they will believe him or not.

McAfee''s comments should be taken seriously as most of the experts are seeing his comments as a comment from somebody that knows very well about Internet security and things that are going on in the back end. I do believe that this discovery is so important that the world leaders are see it as a threat to their way of running government. $1,000,000 at 2020 will be nice for us that depends on bitcoin for our financial advancement.

Although most people don't believe if bitcoin can reach $1 Million in 2020, he won't eat his dick at all, it's obvious.
And McAfee has brought the new hope for bitcoiners to keep holding bitcoin and even encourage to buy more bitcoin at this price.
Honestly, I believe in bitcoin, it will reach $100,000 for sure, but $1 Million? Only time will reveal the truth
Usually, I always sell a small amount of bitcoin, a fraction, at higher price, if bitcoin reach the peak. But, after read McAfee prediction about bitcoin, I don't want to sell my bitcoin anymore. ;D

As much as I believe in bitcoin I don't take john mcafee words very highly.
Believe in the technology not this guy

Bruv, that dude may say whacky stuff, act whacky and be totally whacky et al but he got some some out of the box kind of thoughts. He may turn out to be right and may simply be unbiased and logical to make this type of prediction.

It is obvious that he does not intend to fulfill his promise to eat his dick, that is just a metaphor the same way some people say they will eat their hats if something does not go their way, we should take this as what it is an attempt to bring attention to bitcoin and to make the general public even more bullish, I'm sure that many people around the forum will be happy if bitcoin reached 50k by 2020.

I hope he is still "complete" by the end of 2020. He is so confident with this one that he even bet his own manhood, lol. But, if it happens in more than 2 years, isn't it too much for a bitcoin with so high transaction fees and so slow transactions?

We'll I hope he has it removed with a strong anesthesia, there's little chance (not to say none) that btc will reach that price. $200k-$300k possibly, everything above... tough stuff.

Tho hoping to see it happen, of course.

it seems that only few here know that "to eat his own dick" means to practice auto-fellatio.
It seems to me that he would need some special flexible abilities to achieve this.

Of course we all want him to be right. And his prediction of 500k is actually looking a bit more plausible after the recent run that we've had up to $10k+, even though i wouldn't bet my own manhood on the subject.

Now that he's doubled it, he's just really putting a lot of pressure on himself to redeem his promises if it does go wrong.

100x prices have never been seen before, if it does happen it's a huge ass bubble, or a financial collapse of some sort. I'm happy with even just 1/10th of that price honestly.

You better do not get too greedy bro and end up blaming Mcafee for your predicaments in case anything goes wrong.

I am not saying 80% is not good, but you have to understand that everything is still predictions and no one really know what the future holds or how far it is really going to get to. The dude is going to be fine even if anything happens to bitcoin otherwise and I am sure he will have some reasons to give, but ask yourself, will you be fine

Correct, we are the ones with our economical fates in our hands and we cannot take decisions by just reading a post, I'm convinced to hold but not because of anyone else comments I'm convinced because I have tried to inform myself as much as I can and the decision I made is to hold until bitcoin reaches a price I set in my head, and the only thing I'm going to do until that time comes is to keep getting more bitcoin.

He better prepare some hot sauce. No way BTC hits $1 million by 2020 (https://bitcointalk.org/index.php?topic=2550946.0).

The more likely time frame for BTC to reach $1 million is 2024 – 2026.

Agree,obviously if he said it he said it in a joking tone,that's pretty obvious,of course nobody would do something like that,it would not make sense,anyway,it seemed very risky to say that but maybe he did it to get people's attention only.

Maybe hes selling?

McAfee is always bold and getting crazier than ever. He might be right but most probably it won't. If it won't happen he'll just say that people are crazy if they believe he will cut it. It was more like an expression that he risked a lot of amount in bitcoin.

He’s just promoting his altcoin, his projects, himself. He knows that Bitcoin is mostly young males would be fixated on losing their dicks.

IOW, smart marketer.

Do not take speculation advice from a marketer.

do not take it seriously my friend,
John always made a controversial statements and i believe he's trolling us and other people about cryptocurrency.
if you're a true believer or a supporter,
this kind of statement will not come up from your mouth because it'll only make you look like a fool.
if you're an investor and when you're doing something or research,
and find out about something like this,will you believe it ?
what i mean is right now price around $10.000 and he said in 5 years the price will be $500.000.
even if i remember it correctly he made this statement when we're around $5000 or around that.
what do you think if you're new from cryptocurreny and find out about something like this ? an asset that will increase 1000% in mere 5 years ?

He has really been an ardent believer of bitcoin right from the onset and his predictions have been out of this world. However, I guess we will just have to wait and see if he ends up right or wrong. 2020 is just by the corner, but even if he is looking at the trends and the way things are, that sounds pretty insane, but not like if it happens, no one will be happy.

yes, it has never happened before. Just as price increases are approximately 2000% within 1 year. John predicts prices for the next 2 years, and 2 years is not a long time. We've been at the peak of 2017, so the countdown will be up and running. I believe this prediction can also trigger people to keep their bitcoins, though some believe, and some say impossible. I can't wait, to see who's the winner. The believer or unbeliever  ;D

Well, he did predict the price will go to 5,000$ by the end of this year, it ended up going till 16,700$ and this year isn't over yet. Any guy wouldn't bet his dick for a speculation unless and until he has like done research for so much time. Well if one bitcoin will be worth 1 million,then this world will be introduced to more and more new wealthy elites.

If you trust anything that this man says, you are a fool. He only looks out for his own interests, it will be a mere coincidence if Bitcoin were to reach such heights. He created "McAfee" software and now warns people not to use it. He ran a compound in South America where a lot of unseemly things took place and then ran away when the police came for him.

John McAfee should be prepared to eat his manhood at the ending of the year 2020  ;D ;D because I am postively sure that bitcoin will not hit $1 million by then.
I don't know what made him so sure and confident of this, but I know quite well nobody knows what the price of bitcoin is or will become or else this price is been secretly targeted or manipulated by some secret investors.
Beside, if bitcoin becomes $1 million in the near future that means the USD currency is becoming useless.

Maybe it will hit one million because investors of all other investments and crypto are running to toward bitcoin and by chance bitcoin has enough supply remaining so there is possibility that bitcoin will hit one million and if this happen there will be very high profit in my court because I am waiting to be billionaire using bitcoin and I know bitcoin will make that dream true so there will be much more good days coming,

There is no doubt that he exaggerates on his claims but at the same time, bitcoin opponents exaggerate their claims all the time too, so I do not see anything wrong with leveling the playing field a little bit, besides even if that price is unrealistic and it is obvious he is never going to make good that bet we know for certain that the price of bitcoin is in fact going to be great by that date.

John McAfee is NOT someone you want to use as a reference for ANYTHING. He's a mad man at best, a murderer and a liar at worst. If he says it'd be $1 millions by 2020, it most assuredly will NOT be.

This is an odd site for McAfee Coin, comes up with a phishing scam alert on the page. Fits the John McAfee oddity, whether he is a part or not!

https://www.mcafeecoin.com/

He is not going to fulfill that bet but at the same time there are ways for bitcoin to reach that price, one way that could happen is if there is a huge economic crisis and the governments of the world begin to print money in order to keep the economy going but this is going to cause hyperinflation, it is difficult to imagine such an scenario but a currency can inflate very fast in a matter of years or months. 

This guy has lost all his credibility after he got hacked and posted 5 coins of the day in just a day.
The last one that he pumped (tron) was not even pumped by 10%.

This guy is a butthurt, dont follow him

McAfee is a scammer like "maxcoin", maybe we go to the moon, but he follows a marketing strategy

It is not yet 2020 my guy, there is still some years ahead of us by my calculations. we have wait and see whether his prediction is right or wrong.

McAfee is defintely a shady person and I think his bet is ridiculous. Bitcoin will never reach 1 million per coin.

I agree with the group here, but I do wonder how many new people will seek out BTC because they heard his prediction and only know of him and the antivirus guy! Now that said, I sure would not mind ... lol, still have a couple BTC I paid $50 for. That would be one hell of an ROI.

It is almost impossible that his prediction comes true unless there is a huge crisis around the world and that the central banks fulfill the promise they have been doing for a long time that they are not going to let the world enter a depression so they are going to begin to pump a huge amount of dollars in the economy, when that happens bitcoin maybe worth 1 million in that time frame.

I do hope too, even though my mind stated otherwise.  but just to be sure, i think I have to keep at least 1 BTC until 2021.  If he is right I will be a millionaire if not, well at least I still have 1 BTC.

Looking at the adoption rate, the price fluctuation and the acceptance.. it is near to impossilbe for Bitcoin to reach 1 million by 2020.  Logical observation said bitcoin price at $50k  is more possible.

He's probable preaching his own fortune. Anyway I'm on the profit train :)

So is he going to broadcast himself doing it on tv? Where do we watch?

Even the bulls who think btc will eventually reach $1M know they would be foolish to put such a date on it.

Too ridiculous to think now, but ask a person 2-3 years ago would he had thought BTC would reach $15k? No, hell no one would had even thought it would reach $1000 again after that massive dump, but it did. Who's to say BTC reaches 1 million, it's improbable not impossible.

Its not just a bet that itll reach 1 million but that itll happen in 2 years.. 2 years is neither enough time for another crypto winter to pass nor enough time for another 6000% gain even without another crypto winter. even this big rally was only 1600% over ath.

After pulling off my socks and doing some simple maths...I have concluded..ya..hes bat shit crazy..but...its not out of the realm of possibility.


Broad money = $80,000,000,000,000 give or take a few trillion.

Bitcoin supply =  16,782,692



So all we have to do is figure out some percentages. 

Bitcoin takes over the world!  $80,000,000,000,000/BTC16,782,682

100%=$4,766,818.55736

50%=$2383409.27868

25%=$1191704.63934    < Mcaffee expects 25% market penetration within a year...ummm...ya.

12.5%=$595852.31967

6.25%-$297926.159835

3.125%=$148963.0799175

1.5625%=$74481.53995875

0.78125%=$37240.769979375

0.390625%=$18620.3849896875      <  We are around here. Not even .4%

0.1953125%=$9310.19249484375

0.09765625%=$4655.096247421875

0.048828125%=$2327.548123710938

0.0244140625%=$1163.774061855469

0.01220703125%=$581.8870309277344

0.006103515625%=$290.9435154638672

0.0030517578125%=$145.4717577319336

0.00152587890625%=$72.7358788659668

0.000762939453125%=$36.3679394329834

0.0003814697265625%=$18.1839697164917

1.9073486328125e-4%=$9.09198485824585

9.5367431640625e-5%=$4.545992429122925

4.76837158203125e-5%=$2.272996214561462


What I find of interest is how some of these percentage points closely match some of out ATH's.  Food for thought.

Actually these figures are quite scary enough and I'm not sure that all the forecasts concerning the rapid growth of the price of bitcoin in the future have a rational explanation. How do I want to reinsure myself and better exchange Bitcoin for the etherium. I think that this is the best way out of this situation. It seems to me that Bitcoin is in great danger.

Kinda wish he would bet on something realistic.
Eating his dick is just not realistic anyway, sorry.

So far, the guy's been reliable with the things he's saying. Though it's too high to imagine for regular people, mcafee has so much btcs that you can't take what he's saying lightly. Hope he and his member stays connected after 2020

It is a sort of extreme enthusiasm. I don't say he be wrong but I think the time he is said may not be the suitable one, he may needs to review his prediction. There is a huge time gap and crypto is too vulnerable to face a dip anytime. Before the end of 2017 people used to bet for $20,000 but it didn't happened.

True, but at the same time we get a lot of negative press against bitcoin so in a way I think he is just balancing the books by doing this, he is creating interest in bitcoin, but at the same time I think he is just creating false expectations of what bitcoin may accomplish, maybe we will get to the point where bitcoin becomes very valuable but it is going to take a lot of time.

I don't think having a lot of bitcoin means that you can take his word seriously, that's basically just saying that rich people know better. Right now when things crash like today the man is probably worrying, of course it will probably just be a blip. One thing I'm interested, what if the price reaches 1m before 2020 and then drops to below 1m in 2020?

We are not even in 1% adoption, not even in 0.5%.

And the bears still wants it to go lower.

I believe that this man has lost all credibility by corrupting himself and selling his opinion to the highest bidder. I think if he is trying to encourage the naive to believe that bitcoin can reach that price in the medium term, it is because he has to have thousands of treasured bitcoins thanks to the dirty businesses that have recently been known, and he has to be very worried to see that the price of bitcoin is collapsing, and his personal wealth too.

China. It banned bitcoin. Reliable sources confirm it.

lol, dude. much simpler explanation.

The experience of watching bitcoin go from $32 to $2, $260 to $60, $1200 to $100.

It teaches you a few things.

At one point he was pushing Reddcoin and other minor alts that got delisted from Poloniex. It's hard to take a word he says seriously.

Before I'm taking his words seriously but for now I don't know if he's so serious about it. And seeing the whole crypto now I would really doubt his words but that's because every coin in the market is starting to plummet. And 2 years from now on let's see on what will happen to bitcoin if it's going to reach $1M if not I'll just keep on holding no matter what his speculations are. That's even my plan just to keep it from my cold storage and if $1M has been reached, thanks to the people who pumped it.