{"id":412696,"date":"2020-01-29T16:21:13","date_gmt":"2020-01-29T16:21:13","guid":{"rendered":"https:\/\/wncen.com\/?p=412696"},"modified":"2020-01-29T16:24:59","modified_gmt":"2020-01-29T16:24:59","slug":"mcafee-just-backtracked-from-his-infamous-1-million-bitcoin-price-prediction","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/mcafee-just-backtracked-from-his-infamous-1-million-bitcoin-price-prediction\/","title":{"rendered":"McAfee Just Backtracked From His Infamous $1 Million Bitcoin Price Prediction"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">John McAfee, the eccentric crypto promoter and iconic cybersecurity expert, made a bold prediction years back that <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> would reach $1 million per BTC by the end of the year of 2020.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Now that the year is upon us, and Bitcoin price is experiencing a case of price impotence, McAfee is now backtracking on his infamous \u201cdickline\u201d prediction.<\/span><\/p>\n<h2>McAfee Backtracks On Million Dollar Bitcoin Prediction Due to Price Impotence<\/h2>\n<p class=\"p1\"><span class=\"s1\">Cybersecurity expert <a href=\"\/tag\/john-mcafee\" rel=\"nofollow\">John McAfee<\/a> became the poster child for Bitcoin and crypto at the tail end of the crypto hype bubble, promoting various ICOs and reportedly being paid a large sum by projects to do so.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">But <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> doesn\u2019t have a foundation funding it, yet McAfee heavily promoted the cryptocurrency. As part of his personal campaign to promote the cryptocurrency, McAfee very confidently took to Twitter to make a bold prediction: <a href=\"https:\/\/wncen.com\/2017\/07\/18\/john-mcafee-claims-one-bitcoin-will-worth-us500000-three-years\/\">Bitcoin would reach $500,000 by the end of the year 2020<\/a>.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/02\/22\/bitcoin-price-btc-undervalued-dickline\/\">Bitcoin Price (BTC) Undervalued By Nearly $34K According to Infamous Dickline\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">Weeks later, Bitcoin\u2019s price performance increased, causing McAfee\u2019s statistical model he used to come up with the prediction to prompt him to double down on his earlier prediction and ramp it up to $1 million per BTC by the end of 2020.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">McAfee also further upped the ante by offering to eat his own penis on live television should Bitcoin fail to reach the supplied target.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Complete websites were developed to <a href=\"https:\/\/dickline.info\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">track the progress of Bitcoin reaching the target<\/a>, and it\u2019s been the talk of the crypto community for two years running now.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Yes, I said Bitcoin would hit a million (making it bigger than the GNP of all of North America for Christ sake &#8211; learn to multiply).<\/p>\n<p>I simultaneously said I fucked whales and invested in a company testing Zombie intelligence!<\/p>\n<p>As a clue.<\/p>\n<p>50% believed the whale thing.<\/p>\n<p>Wake up!<\/p>\n<p>&mdash; John McAfee (@officialmcafee) <a href=\"https:\/\/twitter.com\/officialmcafee\/status\/95619584?ref_src=twsrc%5Etfw\" rel=\"nofollow\">January 29, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">But now that 2020 is here, and <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> is experiencing a bad case of price impotence, McAfee is now backtracking on that prediction, sizing it up alongside his investment in \u201czombie intelligence\u201d and him having <a href=\"https:\/\/wncen.com\/2019\/03\/21\/crypto-mcafee-ties\/\">sexual intercourse with whales<\/a>. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">And to clarify, he\u2019s talking about the amphibious sea mammal and not high-wealth investors.<\/span><\/p>\n<h2>Zombies, Whales, and Crypto: Why Believe These Bold Bets?<\/h2>\n<p class=\"p1\"><span class=\"s1\">Considering McAfee\u2019s regular antics, believing his prediction or that he\u2019d follow through with eating his penis on television was foolish, to begin with.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">McAfee has issued his own crypto-backed fiat currency with his own likeness on it along with other notable crypto industry characters, claims to be running for the 2020 presidency, and while constantly on the run from the United States government.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2020\/01\/01\/mcafees-prediction-only-365-days-left-bitcoin-trades-95-below-dickline-projection\/\">McAfee\u2019s Prediction: Only 365 Days Left, Bitcoin Trades 95% Below Dickline Projection<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">What causes investors to hold out believe in McAfee\u2019s prediction, is due to the figure being a <a href=\"https:\/\/wncen.com\/2019\/03\/01\/crypto-bitcoin-price-long-term\/\">common price prediction for many other analysts and models<\/a>, and due to McAfee\u2019s icon status around the cybersecurity industry. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/john-mcafee\" rel=\"nofollow\">John McAfee<\/a> was the founder of the earliest anti-virus software and was a pioneer in that industry.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Next time around, though, the crypto industry will be more cautious believing a prediction from a man who <a href=\"https:\/\/wncen.com\/2019\/03\/21\/crypto-mcafee-ties\/\">claims to have sex with whales<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>John McAfee, the eccentric crypto promoter and iconic cybersecurity expert, made a bold prediction years back that Bitcoin would reach $1 million per BTC by the end of the year of 2020. Now that the year is upon us, and Bitcoin price is experiencing a case of price impotence, McAfee is now backtracking on his infamous \u201cdickline\u201d prediction. McAfee Backtracks On Million Dollar Bitcoin Prediction Due to Price Impotence Cybersecurity expert John McAfee became the poster child for Bitcoin and crypto at the tail end of the crypto hype bubble, promoting various ICOs and reportedly being paid a large sum by projects to do so. But Bitcoin doesn\u2019t have a foundation funding it, yet McAfee heavily promoted the cryptocurrency. As part of his personal campaign to promote the cryptocurrency, McAfee very confidently took to Twitter to make a bold prediction: Bitcoin would reach $500,000 by the end of the year 2020. Related Reading | Bitcoin Price (BTC) Undervalued By Nearly $34K According to Infamous Dickline\u00a0 Weeks later, Bitcoin\u2019s price performance increased, causing McAfee\u2019s statistical model he used to come up with the prediction to prompt him to double down on his earlier prediction and ramp it up to $1 million per BTC by the end of 2020. McAfee also further upped the ante by offering to eat his own penis on live television should Bitcoin fail to reach the supplied target. Complete websites were developed to track the progress of Bitcoin reaching the target, and it\u2019s been the talk of the crypto community for two years running now. Yes, I said Bitcoin would hit a million (making it bigger than the GNP of all of North America for Christ sake &#8211; learn to multiply). I simultaneously said I fucked whales and invested in a company testing Zombie intelligence! As a clue. 50% believed the whale thing. Wake up! &mdash; John McAfee (@officialmcafee) January 29, 2020 But now that 2020 is here, and Bitcoin is experiencing a bad case of price impotence, McAfee is now backtracking on that prediction, sizing it up alongside his investment in \u201czombie intelligence\u201d and him having sexual intercourse with whales. And to clarify, he\u2019s talking about the amphibious sea mammal and not high-wealth investors. Zombies, Whales, and Crypto: Why Believe These Bold Bets? Considering McAfee\u2019s regular antics, believing his prediction or that he\u2019d follow through with eating his penis on television was foolish, to begin with. McAfee has issued his own crypto-backed fiat currency with his own likeness on it along with other notable crypto industry characters, claims to be running for the 2020 presidency, and while constantly on the run from the United States government. Related Reading | McAfee\u2019s Prediction: Only 365 Days Left, Bitcoin Trades 95% Below Dickline Projection What causes investors to hold out believe in McAfee\u2019s prediction, is due to the figure being a common price prediction for many other analysts and models, and due to McAfee\u2019s icon status around the cybersecurity industry. John McAfee was the founder of the earliest anti-virus software and was a pioneer in that industry. Next time around, though, the crypto industry will be more cautious believing a prediction from a man who claims to have sex with whales.<\/p>\n","protected":false},"author":517,"featured_media":412697,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,6664,26458,2922,10709],"class_list":["post-412696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-crypto","tag-dickline","tag-mcafee","tag-price-prediction"],"acf":[],"yoast_head":"\n<title>McAfee Just Backtracked From His Infamous $1 Million Bitcoin Price Prediction<\/title>\n<meta name=\"description\" content=\"John McAfee, the eccentric crypto promoter and iconic cybersecurity expert, made a bold prediction years back that Bitcoin would reach $1 million per BTC\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/mcafee-just-backtracked-from-his-infamous-1-million-bitcoin-price-prediction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"McAfee Just Backtracked From His Infamous $1 Million Bitcoin Price Prediction\" \/>\n<meta property=\"og:description\" content=\"John McAfee, the eccentric crypto promoter and iconic cybersecurity expert, made a bold prediction years back that Bitcoin would reach $1 million per BTC\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/mcafee-just-backtracked-from-his-infamous-1-million-bitcoin-price-prediction\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-29T16:21:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-29T16:24:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/bitcoin-price-prediction-impotence-crypto-mcafee-shutterstock_507199288.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;The Bull&quot; 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His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. 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