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Author Topic: John McAfee Bets His Manhood that BTC will reach $1 mil by 2020  (Read 1492 times)
whyrqa
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January 05, 2018, 04:58:32 PM
 #61

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.

#business #forextrader #bitcoinnews #invest
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January 05, 2018, 11:44:54 PM
 #62

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

The Case for Bitcoin:
https://bitcointalk.org/index.php?topic=4882599.msg43979219#msg43979219


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update 2018: not total newb anymore i guess- now turned megalomaniac
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January 06, 2018, 01:35:54 PM
 #63

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

 
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lady pink
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January 06, 2018, 01:50:01 PM
 #64

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.
bohr
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January 16, 2018, 07:41:22 PM
 #65

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.
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.
littlebill16
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January 16, 2018, 07:51:12 PM
 #66

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

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?

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fabiorem
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January 16, 2018, 08:05:08 PM
 #67

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


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

And the bears still wants it to go lower.
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January 16, 2018, 08:22:37 PM
 #68

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.
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January 16, 2018, 08:53:55 PM
 #69

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

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

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

Y u so famous? What did I miss?

China. It banned bitcoin. Reliable sources confirm it.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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sgbett
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January 16, 2018, 08:59:27 PM
 #70

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.

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.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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January 16, 2018, 09:31:26 PM
 #71

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.

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.

 
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batang_bitcoin
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January 16, 2018, 10:02:08 PM
 #72

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.



 

 

 

 

 

 


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