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Author Topic: If bitcoin doesn't reach $500K in 3 years....  (Read 1053 times)
jademaxsuy
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July 29, 2020, 01:04:43 PM
 #121

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.
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July 29, 2020, 01:43:36 PM
 #122

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.

gabbie2010
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July 29, 2020, 01:44:31 PM
 #123

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.

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christhemaner
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August 02, 2020, 03:06:13 PM
 #124

I don't think it's possible for 3 years. I am sure that the growth will be significant but not so much.
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August 02, 2020, 03:55:51 PM
 #125

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.

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jostorres
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August 03, 2020, 07:24:16 PM
 #126

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.

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hatshepsut93
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August 04, 2020, 12:25:06 AM
 #127

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.
minersday
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August 04, 2020, 03:01:48 AM
 #128


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.  
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August 04, 2020, 11:41:52 AM
 #129

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! 
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