If bitcoin doesn't reach $500K in 3 years....

[aprilnot]

regardless of what mcafee said at the time. his words about crypto are proven.

I think he's a smart person and everything he said must be based on analysis. and if there are currently some statements that are not appropriate or not proven. all that happened because of some unexpected factors like pandemic and others. if this year there were no pandemic problems, I think his predictions would come true. You know Havling bitcoin can be one of the reasons.

[Yamifoud]

It is most likely these two personalities will eat their dick now if they are serious with their statement (but probably not)...

It was that year 2017 the market surge to the highest peak and most of us think that it continues to move higher as it could be their basis of being hyped and think $500k is achievable. And I was thinking that also but I wasn't that very speculative and thinking much as it is out from the real possible case scenario. We can possibly be wrong and that is what it happens to both of them.

[kentrolla]

Well that was a funny statement made ever in crypto industry, one thing we need to understand is hype and overconfidence will always lead to downfall.

McAfee would have realized his mistake and he will never come again with such statements again  to me it was like a gold digger prediction, 500k is way too much for now let's hope for the best and wait for our day.

[AniviaBtc]

That is funny. I agree with the OP that this should a lesson that we should not always follow and believe the expert's prediction or opinion. Any reactions of this from him these days?

This promotion of bitcoin can be a risky thing for John Mcafee, his faith and loyalty towards bitcoin is extremely strong and maybe he's also paid by some organizations.

For me, it is really hard to predict the price of bitcoin in the upcoming years due to its volatility in the market.

There are a lot of factors that can affect the price of bitcoin such as the those issues related to oil, politics, and etc. In this year 2020, for me, based on my observation, bitcoin didn't really have a huge increase in its price instead it has a stable price in $9000+ last month. I don't think that this is a good signal for us to have transactions because there is no positive movement in the price of bitcoin. Maybe, John Mcafee will probably regret his tweet because $9k is far different from $500k.

[Shohag123]

Nobody can't predict the price of bitcoin and when it will pump or dump.There are countless of Bitcoin expert and they predict bitcoin will be 20K$ or 1m $ in 2019,2020 etc..But we know how the prediction turned out.And another man who wants to be in all the attentions of Crypto is none other than McAffee.He will say anything to be in the headline.When I first entered in crypto like in 2017-18,there was a tremendous hype of McAfees prediction.Now if he says anything,I never believe.

And for newbie traders please don't join in any trading group or believe any prediction,just DYOR.Btw McAfees promise is a joke like his prediction

[Rosilito]

Yeah, he won’t be eating his dick, he is a dick though. Isn’t he part of some shitcoin or token drop happening imminently? He’s a bit of a druggie loser now, rich yes but a bit of a moron.

I was going to say the same thing but I'm kind of late LOL  .

It is most likely these two personalities will eat their dick now if they are serious with their statement (but probably not)...

Eh, no. He's not going to do it. He's just an all talk guy you would see around the internet specially in social media platforms.

Quoting the previous comment for you to see the source:

And he already backs down from his own bet (source).

It was that year 2017 the market surge to the highest peak and most of us think that it continues to move higher as it could be their basis of being hyped and think $500k is achievable. And I was thinking that also but I wasn't that very speculative and thinking much as it is out from the real possible case scenario. We can possibly be wrong and that is what it happens to both of them.

Tell you what, those predictions thing they carried out are just nothing. Yeah, we can speculate, and all but it won't matter at the end of the day. Bitcoin's nature is what it makes unforseeable the same way why it became a very interesting thing for most specially last 2017.

[DabsPoorVersion]

We all know that he is just an all talk,

This prediction might be because of their high expectation because of the sudden increase in the price of bitcoin where the highest price was reached. He expected too much that stated the impossible prediction just to become the topic in every conversation in soc. media.

[DoubleEdgeEX]

Bon Appetit, Mr. McAfee! It´s actually just as much of an uneducated guess as many others, he just made the mistake to put his dick in the equation. He really should get rid of that habit! Did he already responded to the tweets deadline?

[MFahad]

source

^ I'd forgotten about this self-imposed challenge  

We know that he backtracked but I just want to remind everyone that even crypto personalities can't predict the market and they get it wrong most of the time. Do not fall for their "expert" opinions. Some of them are paid reviews/opinions anyway.

He said this only to get fame and people at that time trusted him too much.
With the passage of time, his predictions got wrong and no one pay attention to his words now. Those who are still following him are just wasting their time.

[Ridwan Fauzi]

In one side, it might a reasonable prediction when we see the price movement at 2017 ago when bitcoin price touched an all time high, I don't at that time I was someone who believe that prediction.

But now, after now his behavior and his activity I might be a someone who hated him in all his word. Telling bitcoin is shitcoin before he reveals that bitcoin will have a high price has pointed out that he just someone who do everything with the ultimate goal is money.

[Rengga Jati]

John McAfee? Well, personally I don't consider that he is an expert. We all know what kind of characteristics he has. He always wants to be famous and he always wants what he said always been heard and also followed by the people in the crypto world. So many booming words or statements from him in this world so far and I think this makes him so proud of it. About this kind of prediction, from what I read, I also don't believe that BTC can reach $500k in 3 years, it is like dreaming and his challenge is really high. Well, don't think too much of him.

[Sadlife]

Or his just to arrogant that he thinks if he says something to the internet everyone will follow him. What he did is just embarrassed himself to the whole world.
Also a correction he's not an expert in Crypto analysis because spouting nonsense to public without any kind of logic is just full of bull.

[carlfebz2]

We know that he backtracked but I just want to remind everyone that even crypto personalities can't predict the market and they get it wrong most of the time. Do not fall for their "expert" opinions. Some of them are paid reviews/opinions anyway.

McAfee is known with that 1M btc price challenge for this year but now he had multiple alibis and other words that do redirect the attention of the public and would completely forget on what he had said back in the past.

Of course, no experts nor popular personalities would have precise predictions towards price no matter how well known they are and known in traditional investment and stuffs, it doesnt change up the fact that everything can happen on least expectation.

He might just been dragged in the hype on that time and tell to the public that the price might shoot up for this year but look at on where we know.? We didnt even break the previous ATH.

[AjithBtc]

There are more celebrities who have been brand ambassador to different projects. Some has termed to be successful, upon the same those people's names were much used on different projects. Some are even paid, one such person is McAfee. He made good earning out of the cryptocurrencies, and the same made him reveal such a statement. Crypto market isn't perfect as the stock market. So even the experts predictions go away from the reality.

[michellee]

I admitted that McAfee is a smart guy who can attract many attention people to read what he says. Although he doesn't know if bitcoin will increase to his prediction price, he still makes the prediction. I guess that he will not admit that he said that, and if the time comes, he will delete his tweet from his page. This year will be the final year for him to see if his prediction will become true or not, and we will see what he will do if his prediction does not happen.

[Etsu]

^ I'd forgotten about this self-imposed challenge 

We know that he backtracked but I just want to remind everyone that even crypto personalities can't predict the market and they get it wrong most of the time. Do not fall for their "expert" opinions. Some of them are paid reviews/opinions anyway.

I think no one take McAfee very seriously anymore in this space, everyone who has been in this space since 2017 should have had enough of shilling and unrealistic predictions. He's known for making baseless predictions such as this, no doubt there's a huge potential waiting for bitcoin and it is a sure fact that it will grow in price but no one can actually predict it's price as it is being driven by law of demand and other factors too

[harizen]

We know that he backtracked but I just want to remind everyone that even crypto personalities can't predict the market and they get it wrong most of the time. Do not fall for their "expert" opinions.

McAfee's prediction to me is not a big deal from the start. I'm not even taking it seriously. Just can't believe there are really people who expect that $500,000 BTC in 3 yrs. I mean, I admire the optimism but I always stick to the most realistic thing to happen. Obviously, no one can predict.

On the bright side, Bitcoin got real attention that year because of McAfee's troll, at least. It's Bitcoin after all so even how risky it is, it's worth putting a shot here. I just don't like that he involved in some ICO projects as a supposed advisor that creates hypes at those investors. Those projects aren't even active in development today.

[LogitechMouse]

Do you think that he will do it like for real and in national television ?? 

At that time, I'm still not into crypto space but when I'm learning I've heard of this tweet and I say "WTF" and didn't believe on what he said. If I'm not mistaken, he said already that he will pass to what he said 3 years ago that he will not do what he said . Fooking stupid person. There was a time where he was so popular that all of the coin he endorsed pump in an instant but that popularity goes down gradually as he fails to his prediction. Well at least he made some money out of the investors at that time >

[serjent05]

Bon Appetit, Mr. McAfee! It´s actually just as much of an uneducated guess as many others, he just made the mistake to put his dick in the equation. He really should get rid of that habit! Did he already responded to the tweets deadline?

I  think he did it on purpose just to be the person on the main light, McAfee loves attention and that stunt sure gives him one of the main focus during those times.  And he has no intention to fulfill it as proven after the due came to gather another kind of exposure and be the talks of the town. He sure is one of those who does not care about his reputation as long as he get the attention and be the talk of the town.

[danherbias07]

He's just trying to hype bitcoin.
I bet this guy invested a lot.
He won't do such a thing without his own reasons.
But he went too far. I don't know if he really made a good market for bitcoin or he just made it worse.
Well, he is not really that popular. He just thinks so.