John is mentally defective from over usage of illegal recreational drugs.
This is a man that claimed he would eat his dick on live TV, on 17 Jul 2017 if BTC price was not $500000 per coin in 3 years.
The source:
https://twitter.com/officialmcafee/status/887024683379544065
So on July 17, 2020, someone should hand him some pain killers and some salt,
because btc price is not going to even be close to his insane prediction.
he's constantly talking a lot of bullshit, that he even talked about a time traveler
John McAfee: Bitcoin Time Traveler Proof That BTC Will Hit $1 MillionHe is utterly delusional, bitcoin adoption has been declining not increasing , LN still not ready, & new asics chips will be out,
all of these factors will lower BTC price for the foreseeable future not increase it.
BTC may drop back down to $3500 with the new chips.
(Bitmain will be mining with it months before they start selling new ASICS to the public.)
I do not agree that the price will reach $3500 again
I agree with him but he also have to know that not everyone could stay calm specially if they see that their investment is going down.
That's the point, most people invested with the hope that the return would be big and immediate, and when they look at the price falling, of course they panicked.