John McAfee Says- If Bitcoin Breaks 100k you can bet it will break a million

[milewilda]

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.

[The Cryptovator]

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.

[WinslowIII]

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.

[Omnipotent1]

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.

[nutildah]

-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.

[South Park]

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.

[dat.ho12492]

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