Bitcoin price will hit $1 million in 2020 because of mathematics: John McAfee

[Juggy777]

McAfee is old news now.
like any other addict, he overdid it in 2017 with his ridiculousness and he exhausted his temporary and illusionary popularity as much as he could to make the most amount of money from it. and exactly because of that, nobody cares about what he says anymore because everyone already knows how full of himself he is...

Hey if anyone buys bitcoins based on his tweets then he’s really foolish, while I like his optimism to see growth in bitcoins the target he’s given is impossible to achieve. I also remember reading his tweet where he says he claims to knows the identity of satoshi, here again he’s misleading people and lying openly. I don’t understand what gains does he get by making such absurd statements.

[PHI1618]

I'm tired of this guy using bitcoin's popularity! Whenever this McAfee man begins to be forgotten he says such speculative things. He said he was going to explain who Satoshi was in the past few days. I'm disgusted when he uses Bitcoin when his popularity goes down.

[Blowon]

I'm tired of this guy using bitcoin's popularity! Whenever this McAfee man begins to be forgotten he says such speculative things. He said he was going to explain who Satoshi was in the past few days. I'm disgusted when he uses Bitcoin when his popularity goes down.

He just tried to take a popularity to marketing their project, so classic. You can see he was many those ICO as advice. but many those ICO was paused even fail.
So he will going to showing who's Satoshi? any link ?

[Baofeng]

This whole John McAfee prediction is getting out of hand already. We are still far from 2020, we should only open up a thread and have discussions if this is year 2020. No need to get this egoistic person some attention because that's what he wanted.

[The Cryptovator]

It's not new, lot of people's lost their money due to FakeAfee predictions. Still that guys giving that kind of predictions. Sometimes we have seen him to promote some coins and ICO's as well. Most likely he is paid shiller. Whoever pay me just support them. Personally I don't trust on his predictions and I don't want to lose my fund due to stupid predictions. Let him just predict, bitcoin will walk own way. Just expecting bear mode should be off now. It's too long time bitcoin is sleeping.

[leea-1334]

McAfee is old news now.
like any other addict, he overdid it in 2017 with his ridiculousness and he exhausted his temporary and illusionary popularity as much as he could to make the most amount of money from it. and exactly because of that, nobody cares about what he says anymore because everyone already knows how full of himself he is...

The sad thing about this is that his popularity will return. Every day there will be a new fanboy or fangirl,,, every day they will fall in love with the idea of 1 million dollar BTC, and every day people will forget a little more about his dark sides and unsavory characters.

Everybody knows he is a shiller but if he comes up to their project or coin, they will snap a photo and show it off, so that everybody in the world knows they are a big deal.

[barota]

$1 million per btc in 2020 This is nonsense There are several wrong predictions in the past
they are trying to sell their bitcoin at good price

But we should not believe these wrong predection Whatever their owner

[Ucy]

Lol that was a funny prediction done in the name of maths.
There is no way Bitcoin would have hit that level in 2020 even if we never experienced the recent bearish  market.  He probably had other unknown reasons for  making that prediction.

[BitcoinPanther]

It seems he based his prediction on the algorithm he created to know the possible price of BTC last 2017.

McAfee had said that his model priced each bitcoin at $5,000 at the end of 2017. The cryptocurrency was trading at more than double of that level at that time, prompting McAfee to claim that $1 million was possible by the end of the decade.

Funny how he run his algortihm again and predict price on 2020 and multiplied the result by 2. Such a very credible source of information.  Anyway, I would not take McAfee announcement seriously.  He now looks like a clown after all after those altcoin promotions that make lots of people to lose money.

[Rune]

I would feel a lot better if someone so stupid was not making the high price predictions for bitcoin.
Have the wrong people being so bullish on this project

[pooya87]

It seems he based his prediction on the algorithm he created to know the possible price of BTC last 2017.

McAfee had said that his model priced each bitcoin at $5,000 at the end of 2017. The cryptocurrency was trading at more than double of that level at that time, prompting McAfee to claim that $1 million was possible by the end of the decade.

Funny how he run his algortihm again and predict price on 2020 and multiplied the result by 2. Such a very credible source of information.  Anyway, I would not take McAfee announcement seriously.  He now looks like a clown after all after those altcoin promotions that make lots of people to lose money.

there was never any algorithms or math or anything like that. it is just McAfee seeing the start of bull market where prices are rising so he wants to repeat all his 2017 shenanigans to make millions this time by advertising and pump and dumping shitcoins while gaining popularity by making hyped up "bitcoin" predictions which then will be advertised on bitcoin forums!!!
not to mention that anybody who has analyzed bitcoin charts once knows that there is no "algorithm" that can predict bitcoin like this.

[Che454010]

Does anybody tell him to speculate bitcoin price, he has been doing it intentionally to gain some attention. Anyway, nothing spectacular has happened or would happen in near future so that the price of bitcoin would hit $1 million in 2020.

[danherbias07]

Does being rich really makes you crazy?  

This guys needs help. They are not on their right mind.
This is pure advertisement. They just want their name to be in the trend just so their product could be sold. It is a move a company who doesnt have a good market anymore.

Create a scandal, be on the trend and so and forth in social media, just so they will try to search you and might have a chance that your company will be searched too.
I am glad I lived a poor life. If I go down, I can still control myself coz I know what to do.

[alisafidel58]

$1 million per btc in 2020 This is nonsense There are several wrong predictions in the past
they are trying to sell their bitcoin at good price

But we should not believe these wrong predection Whatever their owner

The prediction might be off but certainly in the future bitcoin price may come close to this. No one predicted that the price of bitcoin will hit its ATH back in 2017. Let's just be optimistic that something good will occur again in the near future.

[Wexlike]

$1 million per btc in 2020 This is nonsense There are several wrong predictions in the past
they are trying to sell their bitcoin at good price

But we should not believe these wrong predection Whatever their owner

The prediction might be off but certainly in the future bitcoin price may come close to this. No one predicted that the price of bitcoin will hit its ATH back in 2017. Let's just be optimistic that something good will occur again in the near future.

$1 million per btc in 2020 This is nonsense There are several wrong predictions in the past
they are trying to sell their bitcoin at good price

But we should not believe these wrong predection Whatever their owner

The prediction might be off but certainly in the future bitcoin price may come close to this. No one predicted that the price of bitcoin will hit its ATH back in 2017. Let's just be optimistic that something good will occur again in the near future.

I did some research the last days on circulating supply. I found that Bitcoins true circulating supply is between 9-13.5 million, not 17.6 Million (depending on whether you count coins like Winklewii's, etc., that has stated that they never will sell). That means that the cryptomarket cap, as counted on CMC, is much lower than reported, and it also means that Bitcoin dominance is between 25 and 38%, not 51%.

So the valuation of every coin should be much higher.

[1Referee]

The sad thing about this is that his popularity will return. Every day there will be a new fanboy or fangirl,,, every day they will fall in love with the idea of 1 million dollar BTC, and every day people will forget a little more about his dark sides and unsavory characters.

I'm not sure if popularity is the right term to use, especially with how more and more people start to dislike him for who he is, even outside the world of crypto.

The thing that makes him interesting is how millions and millions of people like to read and talk about bad boys, because that's interesting. That's directly the main reason for CSW to keep suing people, threaten exchanges to initiate double spend attacks, dump BTC down to $1000, etc. Most people don't like CSW, but they still want to know what he is up to, and news outlets happily tap into that demand and release all sorts of rubbish articles.

For them bad publicity is good publicity because it introduces them to a much larger audience.

[sheenshane]

I wonder which mathematical method did he use to compute and say that Bitcoin would worth a million in the year 2020.
McAfee has been in the industry and kept on telling that bitcoin will rise after 3 years after the first rise of it in the 20,000 USD value. Now, the three years he is telling is getting nearer and nearer. If we could just use the formula he is pertaining for, then we will be able to see if he has his point and if his predictions really make sense. If he wants to be believed then he should also share his formula or thoughts about why would bitcoin rise in the year of 2020.

[--DarkSecrets--]

-snip-

Many of us studied mathematics i think so it would not be difficult for us to done or to calculate what John Mcaffe is talking or predicting around. For the second time i don't believe that it may happen as early in the 2020 bitcoin may takes more time to reach that price. His predictions seems to be hype at all if it happens in the next year then maybe its time for me to believe in his future predictions.

[Script3d]

man i hope he keeps his promise so we would be able to see him suck his own dick, pumping shitcoins really hit his brain, i wouldn't be mad if his prediction is right, but we all know what's gonna happen in the end.

[figmentofmyass]

That's directly the main reason for CSW to keep suing people, threaten exchanges to initiate double spend attacks, dump BTC down to $1000, etc. Most people don't like CSW, but they still want to know what he is up to, and news outlets happily tap into that demand and release all sorts of rubbish articles.

For them bad publicity is good publicity because it introduces them to a much larger audience.

what's his end game though? if he manages to stay relevant and people keep talking about him, what's the point? i used to think he was using his notoriety as a pretense in his case with the australian tax authorities but more and more he just appears like a madman.