Wednesday, June 7, 2023
  • Home
  • Crypto
  • DEFI
  • NFT
  • Press Release
  • Contact Us
No Result
View All Result
No Result
View All Result
Home News

‘What Idiot Could Believe Such Nonsense?’ John McAfee Disavows His $1 Million Bitcoin Price Prediction ⋆ ZyCrypto

Betty Snyder by Betty Snyder
May 31, 2020
in News
0
‘What Idiot Could Believe Such Nonsense?’ John McAfee Disavows His $1 Million Bitcoin Price Prediction
586
SHARES
3.3k
VIEWS

Advertisement
&nbsp

&nbsp
John McAfee, computer programmer, tax fugitive, and crypto advocate, is distancing himself from his infamous $1 million bitcoin price forecast once again.

In early 2018, McAfee predicted that one bitcoin would be worth a staggering $1 million by the end of this year. He went as far as to state that he would eat his manhood on live television if this prediction did not bear fruit. 

You might also like

Prime Minister of Vietnam visits Genetica: Propelling Vietnam to the forefront of Asia’s Biotech Industry

FUNToken Announces a New pair on Binance – FUN

Meta Cricket League” – World’s First NFT Cricket Game All Set to Release Its Maiden NFT Collection

Lot’s of people asking me over the past two days whether my bet is still on (that I will eat my dick if Bitcoin does not reach $1 million by the end of 2020). ABSOLUTELY!!! It is a bet that I cannot possibly use. Use your heads people! Run the numbers that crypto folks well know.— John McAfee (@officialmcafee) February 2, 2018
The British-American anti-virus guru stood firm by his prediction over the years, up until January of this year when he said it was all a trick intended to onboard new crypto users. He even called bitcoin an ancient technology like Model T, Ford’s first automobile.

In a tweet on May 30, McAfee once again mocked his lofty $1 million price target, this time quipping that crypto enthusiasts should have noticed the “absurd humor” in the ambitious prediction.  

“Are you one of the persons who did not see the absurd humor in it? I posted it on the same day I predicted Whale Fucking would replace Surfing as the number one water sport. Wake up!”

He further explained that the bitcoin price hitting $1 million means that the asset would have a market capitalization that’s way bigger than the GDP of the whole of North America. “What idiot could believe such nonsense?” he asked derisively.

Put a different way:If Bitcoin ever hit $1 mil, it’s market cap would be greater than the GDP of the entire North American Continent.What idiot could believe such nonsense?Whale Fucking is a thousand times more likely to make its way onto the Olympics Stage.— John McAfee (@officialmcafee) May 30, 2020
McAfee Is Still A Crypto Fan… Just Not Bitcoin

McAfee has undeniably lost a good number of cryptocurrency fans by welching on his $1 million BTC price bet, but on the bright side, he gets to keep his male member. 

Moreover, he has not completely ditched the crypto world. Since denouncing bitcoin, he has been backing privacy-oriented Monero coin. He also recently announced his own anonymity coin known as GHOST. 

It is worth mentioning that PIVX developers accused McAfee of copy-pasting material from an old PIVX white paper for the GHOST coin. McAfee later admitted to plagiarism, further asserting that he would be suing the PIVX team for defamation.

But what’s even more interesting is the fact that McAfee believes his GHOST project and the controversial HEX token will achieve much more than bitcoin (BTC).

Get Daily Crypto News On Facebook | Twitter | Telegram | Instagram
DISCLAIMER Read MoreThe views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Previous Post

Peter Schiff Claims The Latest Bitcoin Rally Is Due To Major Manipulation By Whales ⋆ ZyCrypto

Next Post

Why Bitcoin Breaking Out Of Range Will Spark $12K Bull Run Within A Month ⋆ ZyCrypto

Betty Snyder

Betty Snyder

I’m a cryptocurrency and blockchain technology writer. My work has been featured in major publications such as CoinDesk, Bitcoin Magazine, and VentureBeat. I’ve been a respected voice in the cryptocurrency community and my insights into the industry have helped shape its development.

Related Posts

Prime Minister of Vietnam visits Genetica: Propelling Vietnam to the forefront of Asia’s Biotech Industry
News

Prime Minister of Vietnam visits Genetica: Propelling Vietnam to the forefront of Asia’s Biotech Industry

by Alverta O'Conner
March 14, 2023
FUNToken Announces a New pair on Binance – FUN
News

FUNToken Announces a New pair on Binance – FUN

by Alverta O'Conner
April 22, 2022
Meta Cricket League” – World’s First NFT Cricket Game All Set to Release Its Maiden NFT Collection
News

Meta Cricket League” – World’s First NFT Cricket Game All Set to Release Its Maiden NFT Collection

by Alverta O'Conner
April 21, 2022
Blockchain game StarMon announced important news on “NFT SEOUL 2022” in Korea. A new gameplay model will be launched
News

Blockchain game StarMon announced important news on “NFT SEOUL 2022” in Korea. A new gameplay model will be launched

by Alverta O'Conner
January 21, 2022
Blockchain

Metathon is calling for amazing DEVs and Degens!

by Betty Snyder
December 3, 2021
Next Post
Prescient Analyst: Why Bitcoin Breaking Out Of Range Will Spark $12K Bull Run Within A Month

Why Bitcoin Breaking Out Of Range Will Spark $12K Bull Run Within A Month ⋆ ZyCrypto

  • Why must you pick a white label crypto exchange solution than developing a new one?
  • Bitcoin Product Demos During the Halving – Bitcoin Magazine
  • Whitelabel Cryptocurrency Exchange platform and it’s 4 salient features!
  • Despite Chaos, The Next BTC Price Rally Could Be Spurred By This Little-Known Bitcoin Indicator
    Crypto Pundit reveals what will likely ignite another parabolic Bitcoin Rally ⋆ ZyCrypto
  • Which is Best Crypto Trading Bot Platform?
  • CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

    CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

    3772 shares
    Share 1509 Tweet 943
  • Altseason Pushed Further Back As Top Altcoins Fall Under Bitcoin’s Spell ⋆ ZyCrypto

    3738 shares
    Share 1495 Tweet 935
  • Filecoin and Polygon Deploy Interoperable Bridge To Expedite Web 3 Development

    3545 shares
    Share 1418 Tweet 886
  • The Cost Of Transacting With Bitcoin Has Dropped By Almost 90% Within A Month ⋆ ZyCrypto

    3320 shares
    Share 1328 Tweet 830
  • CoinSwap Opens Up New DeFi Opportunities With Their Certik Approved DEX

    3032 shares
    Share 1213 Tweet 758

About

Cryptoate site is a comprehensive resource for everything related to cryptocurrency and blockchain. We aim to be a one-stop solution for all your crypto and blockchain news and events.

Email: admin@cryptoate.com

Recent Posts

  • Securing Blockchain Technology-DeFi: Challenges & Solutions
  • DEGA Revolutionizes Fundraising with their Gamified Multichain Initial Stakepool Offering
  • Understanding Smart Contracts: The Foundation of DeFi Lending
  • Discover Staking Risks and Considerations
  • Bug Bounty Program Governance and Policy Frameworks

Catagories

  • Mining
  • Crypto
  • Press Release
  • Price Analysis
  • Cryptocurrency
  • Trading
  • Cryptocurrencies
  • Blockchain

Calender

June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« May    
  • About Us
  • Contact Us

Associated with Blockchain Press Media Network.

No Result
View All Result
  • Home
  • Crypto
  • DEFI
  • NFT
  • Press Release
  • Contact Us

Associated with Blockchain Press Media Network.