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Author Topic: John McAfee backs out of his $1 million bitcoin prediction  (Read 650 times)
btc_angela (OP)
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January 06, 2020, 12:33:00 PM
Merited by Yaunfitda (1)
 #1

This mofo is back tracking now, lol.



https://twitter.com/officialmcafee/status/1213839069681205254

Well I'm not surprised though, we all know that his prediction is really out of this world. And he just did it to attract attention. So obviously, the price won't even breaks the 6 digit mark. And we know that this is not the last time that John will make such bold predictions or make preposterous in crypto sphere.

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January 06, 2020, 12:42:01 PM
 #2

Just like the expectation of many that he'll soon back it out. He completely doesn't know what he's saying, it's all about the things that comes to his mind and show it to public to gain attention.

So obviously, the price won't even breaks the 6 digit mark.
It will but not this time, there's a perfect time for it and it will naturally go there in the right time.

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January 06, 2020, 12:46:57 PM
 #3

Not sure I ever really understood what was meant by "eat" but not surprising to see him pick up the rest of whatever reputation he has left on his way out the door. Imagine believing anything this guy says going forward.  I guess its like they say, "better to burn out than fade away".
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January 06, 2020, 12:51:10 PM
 #4

When he make the prediction with the attached bet, I the forum was flooded with people creating a thread to discuss his bet thinking that he would fulfill it while some other people might even have put money in crypto thinking that the price he is wagering is too expensive for it not to be true but alas, he has gladly chickened out. Its actually not a surprise that he has now turned the joke on those who believed him initially and turning it to mean new entrants forgetting that for anyone to locate him and his interest in crypto, the person cannot be regarded to be a newbie.
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January 06, 2020, 12:54:01 PM
 #5

Hilarious stunt though. We all know he won't do it right at the start. $1 million predicition just doesn't make sense. Even though it would be possible on a logarithmic chart, the bitcoin's price isn't exponentially steady in uptrend. And that predicition is nothing but an attention-grab hype propaganda.
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January 06, 2020, 12:56:13 PM
 #6

He does this unbelievably early. He should have kept the suspense until next winter.
Of course, the actual move is not so much unexpected.

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January 06, 2020, 01:08:39 PM
 #7

He is an usefull person for the crypto community and at the same time useless as well! While he is a known face among the world of cyber security and definitely an affluent person in real life, crypto community should use him as a piller of support. But at the same time, we should refrain ourselves from listening to his over-optimistic speculations!

Use his influence to an extent which doesn't harm others! But overtly believing him would definitely ruin things for us!

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January 06, 2020, 01:11:54 PM
 #8

It is already predictable since the year when he said it. We know that bitcoin price growth has been rapid when he said this but even $100k is even considered as a dream still by that time. And him eating what he stated there is also predictable that he won't do it 100% for sure.

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January 06, 2020, 01:12:35 PM
 #9

$1 million is way too much at this time, maybe after some decades, we can see the price will increase 10x than its current price today we still don't know until it comes through. maybe halvings after halvings the price will significantly increase maybe about 20 years from now. For now, we only need to have patience to wait for its price to increase without relying to those so-called experts.

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January 06, 2020, 01:29:21 PM
 #10

Well i think everyone is entitled to his/her own opinion, and i think, there is no way you can let him do that anyway
besides there is no legal documents, or sign papers for everyone to do such things, i mean everyone can predict
and can bet something and backsout of it, so there's nothing bad with that but the bad sides of it , is that since
his prediction fails , so is his credibility, so those coins that he endorse or introduce can now go striaght, to trash cans
if you know what i mean

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January 06, 2020, 01:39:02 PM
 #11

He is an usefull person for the crypto community and at the same time useless as well!

I would disagree that he is useful for crypto, there is good and bad promotion, and JM is definitely one of those bad guys who actually use BTC for their own benefit. Some might say that it's perfectly normal for him to do it, because it's all just a business, but I think he does a lot more damage with such nonsensical statements that some take quite seriously.

Several prominent forum members have even supported his idea, presenting some models that should pump BTC up to the price of $1 million in 2020. We all know that there are real possibilities for something, that there is a possibility in the domain of science fiction, and that there are also fairy tales that are mostly believed only by children.

I hope everyone has realized now that a lie is just a lie, even when it has a seemingly very sensitive bet behind it.

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January 06, 2020, 01:48:46 PM
 #12

As expected, he is now realizing that what he said was impossible.

Wake the fuck up. What idiot thinks anyone is going to eat their own dick ever? Especially in TV!! Are you that idiot?  God ..  I hope none of my followers are that stupid.

Source: https://twitter.com/officialmcafee/status/1213843457934053376

and he already broke the promise that he made

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January 06, 2020, 01:50:40 PM
 #13

This mofo is back tracking now, lol.

We may forget someday. But Twitter will always remind us that shit behaviour from McAfee.
He is claiming that bitcoin is old fashion now.
I've never seen such a man who always talking for nothing. He is constanly saying something and all of it just vain. Never listened him, never will...

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January 06, 2020, 02:04:24 PM
 #14

This mofo is back tracking now, lol.



https://twitter.com/officialmcafee/status/1213839069681205254

Well I'm not surprised though, we all know that his prediction is really out of this world. And he just did it to attract attention. So obviously, the price won't even breaks the 6 digit mark. And we know that this is not the last time that John will make such bold predictions or make preposterous in crypto sphere.

john mcafee is an expert, but in my opinion he is not an expert in predicting bitcoi prices and does not have more knowledge about bitcoin so it is natural that the current price of bitcoin does not approach his estimate, maybe in the future some people no longer believe in John McAfee because they think that he is a liar who only wants to be noticed by many people.

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January 06, 2020, 02:07:18 PM
 #15

Just like the expectation of many that he'll soon back it out. He completely doesn't know what he's saying, it's all about the things that comes to his mind and show it to public to gain attention.

So obviously, the price won't even breaks the 6 digit mark.
It will but not this time, there's a perfect time for it and it will naturally go there in the right time.

McAfee is a paidshill.

Plain and simple. Anything comes out of his stupid mouth has zero value. None.

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January 06, 2020, 02:11:25 PM
 #16

From the outset, I knew that his prediction was aimed at FOMO for this whole market, and it helped him to make a lot of profit when many investors believed in his prediction. And so far he has admitted it because Bitcoin is unlikely to go up to $ 1 million this year. It is best to never believe in the predictions of others, even if they are famous in this market. If you trust, you will have to cry and regret later

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January 06, 2020, 02:13:58 PM
 #17

He's not wrong afterall. He's a crypto joker. We need such kind of people to get attention toward crypto. Though the attention might not be always healthy or fruitful.
Mcaffe is getting old and has less and less to get covered in news. That's why he goes for such absurd claims.

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January 06, 2020, 02:21:08 PM
 #18

He just did those things to atract attention, only fools take this guy seriously, look at the posts he did last years about some random coins, and you'll see the pump and dump
So he got the attention, but the prediction was not accurate of course

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January 06, 2020, 02:30:34 PM
 #19

It’s disappointing that he is calling Bitcoin a model T but his prediction was unrealistic and we can now see that $1M is not going to happen this year. I still think it can happen though, but it will take time.

 
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January 06, 2020, 02:34:47 PM
 #20

That's exactly what I expected because the price of bitcoin won't increase by one million.

He did that just to get people attention only, i think John McAfee suddenly back outs because he realize that bitcoin will not reach 1 million price in just 1 year and maybe to hype newbies only.  
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