Post
Topic
Board Bitcoin Discussion
Re: If bitcoin doesn't reach $500K in 3 years....
by
minersday
on 04/08/2020, 03:01:48 UTC

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.

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If you're wondering what he did in the past, check this:

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




In this crypto ecosystem, a lot of people love to speculate whenever there is an increase in the market value of a particular crypto coin especially Bitcoin. It is never a good idea to usually base your investment plans on these speculations.  John McAfee in my personal opinion does not understand the Bitcoin market. An increase in the price of Bitcoin in a specific moment in time  does not really promise a potential spike in the market value of Bitcoin in some years to come.  The entire crypto market do not really follow a particular pattern as a lot assumes it does.