While there are many well-known figures in the cryptocurrency space that have either stopped giving price predictions, or backed away from giving concrete predictions – John Mcafee is doubling down, believing that Bitcoin will hit $1 million within 2 years.
There are few figures in the cryptocurrency world as controversial and colorful as John Mcafee. Mcafee is actually not even in the United States anymore, as he fled the country to evade tax fraud charges. This doesn’t come as much of a surprise, considering that the cybersecurity pioneer has been open about the fact that he hasn’t filed a tax return in years. He has stated that he has “paid tens of millions already and hasn’t received ‘Jack S**t in return”.
The cryptocurrency markets have cooled off, and many crypto-influencers that were once making bold predictions have backed off. However, Mcafee has now set a date for when he believes that 1 Bitcoin (BTC) will be worth $1 million, and it’s closer than you might think.
About The Prediction
Mcafee is one of the most well-known cryptocurrency figures on Twitter, where he boasts almost 900,000 followers. Unlike other cryptocurrency influencers and entrepreneurs, his tweets have been known to have a direct effect on the price action of certain cryptocurrencies, a phenomenon labeled “The Mcafee Effect”. He has even appeared in a parody rap music video by the same name, poking fun at his own influence.
People are waking up to the fact that Bitcoin will be $1,000 000. But when? "Someday". "Maybe 5 years". "WIthin a decade". I'm the only one giving you a hard date: Dec 31st, 2020.https://t.co/rst3BcypFz"will-be-1-million-someday-says-jesse-lund-vp-of-blokchain-at-ibm.html
— John McAfee (@officialmcafee) February 22, 2019
In a tweet, Mcafee seemed to take aim at the fact that others were stating that Bitcoin would reach $1 million by some point, without giving a date by which it would happen. In the tweet, he stated that it would happen by December 21st, 2020. Not too long afterwards, he elaborated that he wasn’t sure whether it would hit the price ON that date, but simply by the date stated:
Jesus! The media yet again! "By Dec. 31. 2020", is not an exact date. Let's all be clear again: I predicted Bitcoin would reach $1,000,000 before the end of 2020. That is not saying it will hit that price on that date.https://t.co/hfB3zI8mUl
— John McAfee (@officialmcafee) February 22, 2019
Still Around
Even though Mcafee is technically on the run, it doesn’t mean that his influence has changed much. He still is running for president, even though he is on a boat in what many presume to be international waters, and even claims that thousands of masks are being used to deter and deceive authorities as he runs his campaign.
For those wondering if he is still in tune with the cryptocurrency markets or making appearances, have no fear. He recently appeared on the Larry and Joe Show, where he has appeared multiple times. He tweeted out a portion of his interview several hours ago:
My rant on the Larry and Joe show: pic.twitter.com/glrDaCGSfH
— John McAfee (@officialmcafee) February 22, 2019
