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Author Topic: If bitcoin doesn't reach $500K in 3 years....  (Read 1053 times)
Gotumoot
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July 21, 2020, 06:09:43 AM
 #61

Well we could agree that we all hope that it would really happen back then and I think he just burst it out because of the hype that is going on back in those days.
If the hype didn't really stop or the price didn't crash down there could be a possibility that his prediction could reach it but he didn't anticipated the crash and took the price jump for granted.
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July 21, 2020, 06:10:14 AM
 #62

Did John McAfee eat his dick? Lol, if his prediction was true, then it would be a big opportunity for all the people who are using bitcoin. We would earn a lot of money once it happened but sadly it doesn't happen, it means that even those people with a big personality cannot predict the price of the bitcoin. No one knows what will be the price of every cryptocurrency in the future. So you shouldn't rely on their prediction for you investment.
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July 21, 2020, 07:27:35 AM
 #63

What a bold statement by guys like him. haha

Actually, we already saw Bitcoin reaching $10k or even $15k in the Middle year of 2018 BUT that was then and I guess if ever Bitcoin had another surge in value, it would at least not be multiplied by x100. We just know that Bitcoin's value will still fluctuate but no idea whatsoever in reaching $500k.

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July 21, 2020, 07:34:11 AM
 #64

What ever the reason of that man that he think it will turn bitcoin to $500k for sure 100 percent it will happen even in the future.
So what he gonna do now as he promised I hope it he will show us 😹.

The highest price of the bitcoin is $20,000 and that is happen 2017 but sadly it will  continue down and Im happy when 2020 arrived we saw now the good value of the bitcoin and that is increasing and hoping it will ,hut again for the second time around the ATH.
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July 21, 2020, 07:34:22 AM
 #65

Did John McAfee eat his dick? Lol, if his prediction was true, then it would be a big opportunity for all the people who are using bitcoin. We would earn a lot of money once it happened but sadly it doesn't happen, it means that even those people with a big personality cannot predict the price of the bitcoin. No one knows what will be the price of every cryptocurrency in the future. So you shouldn't rely on their prediction for you investment.

McAfee became the laughing stock in crypto a long time ago. But guess what, a lot of projects are still using him as a front, or endorser or whatever they need to boost their sales. But for those who are long timers in crypto, they know better how to treat crypto personalities that have high regards with themselves. They are just saying things but they really don't mean it.
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July 21, 2020, 08:06:53 AM
 #66

hahaha.  Cheesy Cheesy I can't stop laughing, how stupid the man is! it's so funny. I think now Bitcoin is just unpredictable.  no one can say when the price goes up or down. he is not only the renowned person in crypto market.  even experts can't accurately predict about crypto market. because anything can be happened on this market. anyone can predict but no one can't guarantee…

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July 21, 2020, 02:11:42 PM
 #67

You bring up a great point here and I'm glad you brought it up because there area a lot of people out there who believe anything a famous personality says.  As a financial advisor I've come to learn no one has any guaranteed certainty when it comes to price predictions, whether for traditional markets or cryptocurrency.

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July 22, 2020, 06:45:13 AM
 #68


source

^ I'd forgotten about this self-imposed challenge  Grin

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 really forgot, this is one of the reasons why he is called a clown. He posted the tweet to spread FUD, because as we all know, he has been paid several times to praise a project regardless of the conditions that occur. Although honestly I hope that prediction will come true because I have converted most of my portfolio to bitcoin at that time.

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July 22, 2020, 06:57:53 AM
 #69

For those noobs who don't know who John McAfee is:

1. John McAfee is the person who promoted scam projects such as SimmitriToken and Zombie Coin
2. He charged ~20% of the total supply of the ICO, in exchange for the promotion
3. In other cases, he charged $105,000 for each tweet he made to promote the scam ICOs
4. He is suspected of involvement of the murder of Gregory Faull in Belize
5. McAfee fled to Guatemala, in order to avoid arrest by Belizean authorities



serjent05
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July 22, 2020, 07:08:32 AM
 #70

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.

I have no idea if he gains in Bitcoin but one thing I am sure, he earned a lot in altcoin by hyping and being a shill.  Charging around $105k for promotional tweet.

Well, he is not really that popular. He just thinks so.  Grin

He used to be famous (for a short period of time) but now he is known as infamous altcoin shill  Grin

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TitanGEL
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July 22, 2020, 08:19:16 AM
 #71

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.  Grin
He is definitely creating a hype not only in this forum but in the whole cryptocurrency community, that person is dumb because he is just speculating it without basis. What he said is definitely not true, I do not know why many newbies out there keep believing on his opinions and tweets all over the twitter. If we understand the concept of technical analysis for sure you will also understand that what he said cannot eb true and it is just hype so we better stay away of it.

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July 22, 2020, 08:23:57 AM
 #72

For those noobs who don't know who John McAfee is:

1. John McAfee is the person who promoted scam projects such as SimmitriToken and Zombie Coin
2. He charged ~20% of the total supply of the ICO, in exchange for the promotion
3. In other cases, he charged $105,000 for each tweet he made to promote the scam ICOs
4. He is suspected of involvement of the murder of Gregory Faull in Belize
5. McAfee fled to Guatemala, in order to avoid arrest by Belizean authorities
~
I read most of these. If you permit, I'd like to add this to the OP.



~
I really forgot, this is one of the reasons why he is called a clown. He posted the tweet to spread FUD, because as we all know, he has been paid several times to praise a project regardless of the conditions that occur. Although honestly I hope that prediction will come true because I have converted most of my portfolio to bitcoin at that time.
As discussed in the previous comments, McAffee did say some things against bitcoin but he made that particular tweet to spread FOMO though.
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July 22, 2020, 08:33:03 AM
 #73

This guy is pure hype only.
He really gains a lot of attention from people because he is already famous especially it is in the field of technology, a lot of twitter followers, he can really easy to lure people.
As what I noticed on his previous works in lot of altcoins, a lot of hype, shill shitcoin here, shill shitcoin there.
Well I can't blame him if there is some people who fall for his shilling lot of shitcoins before.

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DarkDays
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July 22, 2020, 09:20:18 AM
 #74

McAfee has already announced that this was a complete troll post and that he's not going to eat his dick.

It's a shame really, I really don't like this guy.

He's an absolute bane to the cryptocurrency industry and nobody should give him any attention or respect. He's single-handedly responsible for tens of thousands of peopel investing in shitcoins, and has been involved in more than a few pump and dumps.

He's a glorified shill and the quicker he goes away the quicker the industry can start recovering from his BS.
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July 22, 2020, 03:43:02 PM
 #75

I think this is a troll post. Or he want to hype Bitcoin. If everyone or so many people believe his speech and buy Bitcoin and hold it for 3 years then Bitcoin price will up. I think this guy buy some Bitcoin and want to get huge profit from it. For this reason he post like that for hype bitcoin. Or he want to be a celebrity by a post Grin

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July 22, 2020, 04:18:29 PM
 #76

Well, McAfee over exaggerated, he was maybe persuaded with the reality that a lot of persons and companies would have adopted bitcoin before this day having seen the direction of the market in 2017, today he has shifted his position. This man may be making some frivolous predictions which can cause a lot of people to jump into fire, he is nevertheless an asset to this community. People must learn for themselves and not digest all what their mentors or experts say.
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July 22, 2020, 04:19:15 PM
 #77

predictions, speculation will always be there at any time, even though the person making the prediction is an expert, of course it can't be trusted because no one knows the market price will be able to move up or down in the next 3 years. having strong beliefs about future market price increases is highly recommended in this industry, but don't be easily influenced by other people's opinions, because it can backfire if we trust them too much.

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July 22, 2020, 04:25:53 PM
 #78

The fact that media people are not able to predict the price of bitcoin has been known for a long time. An example is Arthur Hayes, the head of Bitmex who, at different times, predicted different prices for bitcoin.
His last prediction was in March, he said that by the end of 2020, the price of bitcoin will rise to $ 20,000.
Nevertheless, Hayes said in one of his interviews: "It's my job to predict whether the predictions come true or not, I don't care."

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July 22, 2020, 05:51:49 PM
 #79

That was how they pushed a lot of people who knew little or nothing about crypto into investing in Bitcoin at about $17,000 per Bitcoin. I know a woman who almost become homeless when he became broke as Bitcoin price started going down in 2018. That time just confirmed that nobody is an expert in predicting prices in the crypto community.
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July 23, 2020, 04:21:53 AM
 #80

I read most of these. If you permit, I'd like to add this to the OP.

Please do.

I started my journey with cryptocurrency more than 7.5 years ago. I have seen all sorts of scamming and cheating going on in the cryptocurrency market and I regard McAfee as one of the most articulate scammers. I know a huge number of people who lost their money after investing in the projects which were promoted by this loser. It is important to educate new users about what he did earlier.
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