Who could have predicted this?
That McAfee would eventually be forced to back off his $1 million dollar bitcoin call by the end of 2020?
I think just about everyone.
So, when this happened, I don't think many were surprised...
(Source:
)https://twitter.com/officialmcafee/status/1213839069681205254
- officialmcafee
A ruse to on-board users?
Yea right John.
He meant what he said...
McAfee has been a shady character ever since he made his money and came on the scene, with "shady" being the kindest possible way to describe him.
No matter what he says now though, there is no doubt in my mind that he meant these predictions when he made them:
(Source: https://twitter.com/officialmcafee)
However, the bear market was longer and deeper than most anticipated, McAfee included.
The interesting thing to me is that not only is he now saying that $1 million bitcoin won't be happening by the end of 2020, he seems to be saying it won't be happening ever.
I don't fully agree with that.
If bitcoin just keeps on doing what it has done since inception, it will eventually be worth a million dollars per coin, it may just take a decade or more.
Regardless, this won't impact bitcoin much but I do think it will destroy what little credibility John had left.
Good riddance.
Stay informed my friends.
-Doc