John McAfee: Bitcoin will go above 500k $ in 3 years

[magneto]

https://twitter.com/officialmcafee/status/887012614131372032

He acceptes bets about it...

It's nice to have someone that is so confident in bitcoin's future. And i applaud him for that.

He's obviously generating some quality media exposure for bitcoin, in my opinion. But probably not in the right way, it'll be very hard to keep his promise if something doesn't go his way. half a million are in the dreams for most people.

But hey, it seems like that his comments have made sure that bitcoin price rebounded from the monthly low to a respectable $2700-$2800. And plus, he is quite well known so even though you have to take his words with a grain of salt, if he's so confident then there is a reason to be.

[1713582268]

1713582268

[Dafar]

He's talking about Jihan's bitcoin... which is essentially Bitcoin Cash

[xypos]

https://twitter.com/officialmcafee/status/887012614131372032

He acceptes bets about it...

Well he sure has some balls, eat his own dick on TV. I definitely would want this to happen to but i do think that it is somewhat unlikely. Let's face it, only if fiat collapses to near zero value will this happen. And it will, but just not in 3 years.

I learned about this news on truthnevertold's youtube channel which is aggressively anti bitcoin and altcoin but aggressively pro-silver and gold for some reason. But seems like McAfee's statement is only painting bitcoin as a ponzi scheme even further and even a HYIP scheme to the ignorant people out there.

It'll sure be interesting though if he is going to go through with his wager if he loses though, i don't think he's flexible enough to eat his own dick....

[Anno MMXVI]

This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

[iv4n]

This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

I saw this news couple days ago and I couldn't belive what I saw. This is crazy, and his bet is idiotic, how to take this guy seriously? I don't know how to process his statement about dick eating, this very stupid statement and I hope that this guy is joking.
Many comments about this, like others I also think that price can't go high so much in so short period of time. This guy will lose his money and his dick, I don't understand why he needed promotion like this one, he could try to be more reasonable in his prediction. But what to expect from the fool, we will see for 3 years what will happen and how close his prediction will be.

[Cryptao]

The bet makes literally no sense. If bitcoin reaches $500.000 then no one will care about their $100.000 - $1.000.000 bet with him because they've become very wealthy anyways.

[Jherek]

https://twitter.com/officialmcafee/status/887012614131372032

He acceptes bets about it...

Well it's nice to see such established public figures saying good things about bitcoin. Obviously i may be biased because i do agree with a lot of things that John McAfee says but sometimes he can be exaggerative.

I think that $50k is a real possibility, the median house price is some countries. Peolpe used to think that bitcoin will never overtake an ounce of gold in terms of price, but it has. Same thing applies to $50k.

But $500k is 10x that, it could happen if USD went worthless overnight but that's probably going to be a very gradual deterioration and not something that will happen in just 3 years. It's a very bold prediction and applaud John for supporting bitcoin but bitcoin isn't all about its price and unfortunately he might have to eat his own dick

[nidacoinlove]

This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

I saw this news couple days ago and I couldn't belive what I saw. This is crazy, and his bet is idiotic, how to take this guy seriously? I don't know how to process his statement about dick eating, this very stupid statement and I hope that this guy is joking.
Many comments about this, like others I also think that price can't go high so much in so short period of time. This guy will lose his money and his dick, I don't understand why he needed promotion like this one, he could try to be more reasonable in his prediction. But what to expect from the fool, we will see for 3 years what will happen and how close his prediction will be.

It sounds crazy, this is a publicity stunt or what? I don't understand what is he trying to proof. 500k is a huge amount and if he is predicted it in the coming three years to be the value so he must be gone through some working on it, I am astonished what kind of working will it be? There are plenty of things going in my mind to defend this 500k but nothing works on it seriously. He must be high at the time he said such a huge price and is also accepting bets about it. This is strange, he is going to be in a great mess...

[ghostunicorn]

This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

I saw this news couple days ago and I couldn't belive what I saw. This is crazy, and his bet is idiotic, how to take this guy seriously? I don't know how to process his statement about dick eating, this very stupid statement and I hope that this guy is joking.
Many comments about this, like others I also think that price can't go high so much in so short period of time. This guy will lose his money and his dick, I don't understand why he needed promotion like this one, he could try to be more reasonable in his prediction. But what to expect from the fool, we will see for 3 years what will happen and how close his prediction will be.

It sounds crazy, this is a publicity stunt or what? I don't understand what is he trying to proof. 500k is a huge amount and if he is predicted it in the coming three years to be the value so he must be gone through some working on it, I am astonished what kind of working will it be? There are plenty of things going in my mind to defend this 500k but nothing works on it seriously. He must be high at the time he said such a huge price and is also accepting bets about it. This is strange, he is going to be in a great mess...

That John McAfee is just an elder freak. He is also a good friend of the biggest manipulator Jihan Wu. That's why they try to claim these ideas over the community. So that they push the people for bitcoin or forked new type bitcoin.

[Silberman]

This, bitcoin has great prospects to grow but to think it will reach that amount of money then most of the world economy will need to move through bitcoin and even if the entire world was willing to make that a reality the truth is that bitcoin cannot manage that amount of transactions in the present, and it cannot manage that in the near future either, so that price is not going to happen at all the chances are zero of that happening in the next 3 years.

Another big issue is fiat currency in owned by governments. They are not just going to let billions and billions worth of wealth just go away from their greedy ownership. 

Correct the technical aspects are there, but I think the political challenges are going to be even greater, when bitcoin really gets popular be prepared for banks and governments to  spread FUD like we have never seeing before, they will try to force people to abandon bitcoin with the excuse that bitcoin is helping criminals, people are going to buy it and then a war against bitcoin may begin.

[espante]

This is compltely crazy, and even the craziest man from the crazy men gang would not think about it. Moreover he is not to be trusted as he is praising for Bitmain's toy fork.

I saw this news couple days ago and I couldn't belive what I saw. This is crazy, and his bet is idiotic, how to take this guy seriously? I don't know how to process his statement about dick eating, this very stupid statement and I hope that this guy is joking.
Many comments about this, like others I also think that price can't go high so much in so short period of time. This guy will lose his money and his dick, I don't understand why he needed promotion like this one, he could try to be more reasonable in his prediction. But what to expect from the fool, we will see for 3 years what will happen and how close his prediction will be.

It sounds crazy, this is a publicity stunt or what? I don't understand what is he trying to proof. 500k is a huge amount and if he is predicted it in the coming three years to be the value so he must be gone through some working on it, I am astonished what kind of working will it be? There are plenty of things going in my mind to defend this 500k but nothing works on it seriously. He must be high at the time he said such a huge price and is also accepting bets about it. This is strange, he is going to be in a great mess...

That John McAfee is just an elder freak. He is also a good friend of the biggest manipulator Jihan Wu. That's why they try to claim these ideas over the community. So that they push the people for bitcoin or forked new type bitcoin.

Well I won't go into conspiracy theories but John McAfee does seem like a bit of a crazy person anyway.

It's great that he has so much faith in bitcoin but ultimately it doesn't mean much.

[Wind_FURY]

Is anyone more excited about Mcafee eating his own dick in national television than the price of Bitcoin reaching $500k? I know I am!

[Friladon]

500.000 USD seems to be on the optimistic side, but it would not surprise me if the price would got to 10k all of a sudden when bitcoin is stable. With that I mean no more fight about who controls bitcoin, but a true community consensus. Many investors would likely jump in.

[sweerty1]

This guy is really crazy, oh god. This isn't serious or anything like that but still how could he easily say that to happen in his account? I guess he invested lot of money in bitcoin.

[Palmerson]

This guy is really crazy, oh god. This isn't serious or anything like that but still how could he easily say that to happen in his account? I guess he invested lot of money in bitcoin.

Perhaps you are right. He's not crazy. Let's see how affected the price of bitcoin pessimistic rumors about the plugs on 1 August. Now these rumors will create a high demand for bitcoins and even if the price reaches this level it will still lead to growth of prices will allow you to capitalize on this whale.

[Silberman]

500.000 USD seems to be on the optimistic side, but it would not surprise me if the price would got to 10k all of a sudden when bitcoin is stable. With that I mean no more fight about who controls bitcoin, but a true community consensus. Many investors would likely jump in.

I think calling optimistic to someone expecting the bitcoin price to reach 500,000 dollars is an understatement, most of the world economy will need to move through bitcoin if bitcoin is ever going to reach that price, and even if I am optimistic about bitcoin, that is not going to happen anytime soon, and if it happened, at that time its value in fiat will be irrelevant since bitcoin will be the point of reference at that point in time.

[BitHodler]

I think calling optimistic to someone expecting the bitcoin price to reach 500,000 dollars is an understatement, most of the world economy will need to move through bitcoin if bitcoin is ever going to reach that price, and even if I am optimistic about bitcoin, that is not going to happen anytime soon, and if it happened, at that time its value in fiat will be irrelevant since bitcoin will be the point of reference at that point in time.

Aside from the fact that $500k per coin is a delusional prediction at this point, it basically doesn't matter what high price Bitcoin manages to reach in the future, fiat will never become irrelevant.

If we have to look at entities with the financial buying power to move Bitcoin towards unseen levels, institutions without a doubt will top the list.

If they eventually end up allocating a certain percentage of their portfolio to Bitcoin, then prepare youself for a complete market makeover ~ Bitcoin will become a plaything for them.

[kalodu]

I think calling optimistic to someone expecting the bitcoin price to reach 500,000 dollars is an understatement, most of the world economy will need to move through bitcoin if bitcoin is ever going to reach that price, and even if I am optimistic about bitcoin, that is not going to happen anytime soon, and if it happened, at that time its value in fiat will be irrelevant since bitcoin will be the point of reference at that point in time.

Aside from the fact that $500k per coin is a delusional prediction at this point, it basically doesn't matter what high price Bitcoin manages to reach in the future, fiat will never become irrelevant.

If we have to look at entities with the financial buying power to move Bitcoin towards unseen levels, institutions without a doubt will top the list.

If they eventually end up allocating a certain percentage of their portfolio to Bitcoin, then prepare youself for a complete market makeover ~ Bitcoin will become a plaything for them.

Fiat will never become irrelevant because it is legal tender and stores are required to accept payment in the national currency.

And yes the only realistic way for bitcoin to move up in price is if hedge funds, pension funds, banks and other financial institutions buy up a bunch and that is why having a bitcoin ETF is so important to boost its price.

[JosNekoKopa]

Ok let call him here so he can explain to us how this is going to happen?
 I mean 6k for me is quite big success and in few years over 10k would be fantastic! but adding more zeros onto this must have more references behind that one claim. Who wouldn't like this? But behind his claims i see more personal exposure than real explanations. Typical attention seeker, let's there be honest.

[Febo]

I wonder which Bitcoin her had in mind at that time