John McAfee's bold prediction from $100k to $1 million

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planktonSenior Member
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#1May 16, 2022, 10:21 PM
Remember when John McAfee (RIP) was the OG Bitcoin promoter way before Elon Musk took the spotlight? It's wild to think about. He had some serious confidence in Bitcoin, and who knows, he might just be right. We’ve already hit $100k, so is that million really that far off in the future?
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max.wizardFull Member
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#2May 17, 2022, 03:54 AM
The price of Bitcoin will skyrocket for sure in the upcoming years, the more important question is to what extent the adoption would get. It would show us what is possible with BTC and how in demand it is.
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d4n_w0lfFull Member
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#3May 17, 2022, 08:26 AM
If it were an open-ended statement, no timeframe or whatsoever, McAfee could be right, but he did make a time frame where he failed miserably. He stated that Bitcoin will reach $1m  at the end of 2020 (originally was 500k but the surge of BTC in 2017 made him double up his prediction), he even stated that he will eat his **** on tweeter somewhere in July 2017[1] So Mcafee is never correct on his insight that BTC will reach $1m by 2020.
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chrischainFull Member
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#4May 17, 2022, 10:45 AM
Speculations are merely that, at least he was right in the end about it happening at all
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greglaserFull Member
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#5May 17, 2022, 04:27 PM
"If Bitcoin breaks $100k, you can bet it breaks $1M". Interesting and you know everyone can say it or similar thing like "If Bitcoin breaks $1M, you can bet it breaks $10M". If Bitcoin truly follows The bullish case, its value and price will continue to increase so higher prices will be touched. With this known trend, with assumption of course, the question is only WHEN Bitcoin breaks this price or that price? Time is important for price prediction but we know of another saying "Don't time the market" that is applicable well for Bitcoin.
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alex.shardLegendary
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#6May 18, 2022, 10:17 AM
Bitcoin is going to $1 million and which is not a doubt but it is very certain. In the next $10 to 15 years, bitcoin will go above $1 million. But I may be wrong about the time because bitcoin might get to the price before 10 to 15 years. I am sure that bitcoin is not going to $1 million for now. I do not even see it get to $200000 for now also.
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eric.wolfFull Member
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#7May 20, 2022, 04:20 AM
No doubt but before bitcoin reaches a million, we will have to reach $200k... then $500k... $800k... before a million. Bitcoin has reached far but there is still a long way to go. We can't just go from $120k to a million in a year. That would be frankly speaking impossible (I would like to see that but let's be real here lol). Anyway if you have believed in bitcoin since then, no reason for you to suddenly lose trust in bitcoin now.
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GigaNodeSenior Member
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#8May 20, 2022, 06:16 AM
I miss this man, MCAfee was an icon in those days, many people called him a mad man but he sees the future, it's sad that he is not here today, I bet he would have been a billionaire even more, he is a legend and he was the only rich man who saw a future for Bitcoin then, while others are saying Bitcoin will fail. $1 million for one Bitcoin is very posible, maybe even in 2030 if the great reset takes place like some are predicting, in the future I will start looking forward to get more Bitcoin even for my son, the new money shift is here all along, it was Bitcoin all this while. There is no turning back now, the future of Bitcoin looks better than before, although to invest it has to be done in a smarter way, I just prefer doing the gathering when the sea is red.
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im_bullSenior Member
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#9May 20, 2022, 07:26 AM
Anyone can make any prediction about the future price of Bitcoin. We had many forecasts that turned out to be true or false. The issue with such a forecast is that the time frames are usually not accurate.  Yeah, Bitcoin will get to $1 1million, but nobody knows when. Even John McAfee projected the wrong time Bitcoin would reach that amount since he said it would by the end of 2020. Reference
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the_kingHero Member
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#10May 22, 2022, 05:36 AM
As far as I know, not only John Mcafee predicts the price of Bitcoin to reach the level of $ 100K, many politicians or those who predict the price of Bitcoin can reach the $ 100K level, there are other entrepreneurs who predict more than that. My understanding of Bitcoin speculation, of course everyone has no prohibition to make speculation for themselves, logic if John Mcafee remains optimistic or confident in himself about the economic situation, Bitcoin or the development of technology at this time, I am sure he did not "commit suicide by hanging himself" precisely many people were not sure what he said again, This means that John Mcafee no longer believes in himself so he acts carelessly and silly for himself, what people expect like that, does not exist.
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d4rk5tackSenior Member
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#11May 22, 2022, 10:04 AM
I don’t think John McAfee actually specified a particular time frame that the bitcoin market will move from $100k straight up to $1m but from the post McAfee replied to which was if bitcoin gets to $10k it will get to $15k and to buttress that statement McAfee might meaning that for anything that pushes bitcoin to the $100k price will certainly pushes it to $1m and I agree with that. Bitcoin adoption and demand has brought it here and I expect it to also take it to same $1m. This will take time in my opinion as the volatility of bitcoin is not longer that high so I don’t Expect us to just move 10x up in a short while not even in just two halving cycle from here so my prediction is in more than 10 years from now. The market usually just moves like 2x or 3x from previous ATH every halving due to the reduce volatility recently so let’s say three halving cycle can get is there
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quantumsageFull Member
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#12May 22, 2022, 02:39 PM
With the same predictions predicting that bitcoin will reach 1 million within the next 10 years this is quite realistic rather than having to say next year's cycle is somewhat doubtful. Experts are trying to predict bitcoin higher then in the future this is quite reasonable rather than comparing the current time --- maybe 6 years ago people would not have thought bitcoin could go to $120K but the fact is now happening, so why not maybe to 1 million.
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ColdBossFull Member
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#13May 22, 2022, 07:30 PM
For those who had been on this market for a while then they would be that familiar into those ultimate shillers out there telling this and that when it comes into those numbers on which the most notable on this one is about getting a million per coin on Bitcoin. It might that look absurd when Bitcoins price was still that 20k+ above but we did able to hit up that 100k mark. There's no way that we can be able to deny about hitting up a million on which of course we shouldnt be that hurrying up ourselves on seeing these numbers on which having this kind of consideration will be just that testing out your patience and if ever you would be that longing for these numbers then it would be might affecting out your emotions on which it could lead up on affecting out your overall plans and executions in terms of our investment. No one knows on what the future looks like and thats why whatever numbers that a certain person would be saying then it would be counted as valid or considerable and since we've been dealing that on an unpredictable space then there's no way that we can be able to tell on what are the things that would happen ahead. Just take for example on whom had thought that we would be able to reach out $100k+ when the price was still sitting $200, on which this is the time on which i have made out some involvement on crypto. There are those people who do say that the price hits up $10k or 20k on which it did actually happen on which considering on how far those numbers would be but still there are those kind of speculations that you would be able to see around.
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silentchainHero Member
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#14May 23, 2022, 01:30 AM
I see both guys being too playful with their speculations and I think they ma either making some mockery about the potential potential price of bitcoin. Looking at the date of their speculation, bitcoin has made over $19,000 in 2017 according to coin market cap historical data while Tyler is expecting $10,000 like it is price that has not been experienced but let's say his $10,000 expectation was as a result of price decline below the $10,000 which should be assumed to be one of those of us expecting recovery after price drops. I would not want to be skeptic with John's speculation though, but I think his predictions was more of critic because by the June 20th 2019, $100,000 was extremely too high for the speculation when the current Ath as at then has not near even 50% of his $100,000 speciation talk more of $1,000,000. I feel John was specifically being a mock even and did not believe bitcoin will reach $100,000 in the first place. Yeah, bitcoin is proven every skeptics wrong as it is devots to breaking Aths and because bitcoin has reached John's $100,000 prediction we may think he is one of the enthusiasts like we would always predict and expect higher price in the future. See... Not all everyone speculators are genuine, some are just junks. Although I don't know the state of mind of John but that $100,000 and $1,000,000 speculation seem to be a mock to Tyler's speculations. Even we in today that has experienced bitcoin price at $123,000 in this 2025 believes it may reach $1,000,000 but that is seem too much to be expected and as for me, I am cool in the meantime hoping it will reach $150,000 to $200,000 in the short term but yet indefinite while $1,000,000 can be expected as we keep to advance in breaking higher Aths. I am on the stance that when we are making Speculations, lets consider achievable price in the short term while we maximizes our expectations in the long run based on historical prices.
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basedchainFull Member
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#15May 23, 2022, 04:00 AM
Sad that he wasn’t able to witness it happen. While he did predict that price would eventually be reached, it’s worth noting that aside from the $100k prediction, he also made other forecasts back in 2017, and not all of them were accurate. https://kriptomat.io/cryptocurrency-prices/bitcoin-btc-price/what-is/john-mcafee/ It’s been three years since that prediction, and while Bitcoin finally hit the $100k level, we still haven’t seen the $500k he predicted, so he was wrong on that one.
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whale365Senior Member
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#16May 23, 2022, 05:47 AM
Interesting prediction of John, it's just unfortunate that he didn't see his prediction becoming true. But I don't think that it will make a rocket scientist or even a eccentric personality like McAfee is. I have been here in 2017 and I have predicted that during that time, the highest that we might get is $5k. But absolutely I was very wrong, but on the opposite side, there could be some that could have predicted it to close to $20k. My point is that we could make our own predictions here and it's going to be a hit or miss. But obviously thru time, as we have another halving in 2021 and most likely in the next, prices is going to increased my many folds and it could hit $1 million.
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cobr4404Full Member
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#17May 23, 2022, 08:44 AM
I don't know if it's good or bad, but we know that predictions like these where there isn't any timeframe whatsoever often happens, but it's only a matter of time on when it will happen. We know, and we expect that Bitcoin will reach a million dollars, but McAfee (RIP) didn't tell any year, so it's an open-ended prediction. He don't even know when it will happen, but he's sure that it will happen. Well, Bitcoin reaches $100,000 already, so I guess we can say that it will reach $1,000,000 as well. It will, and I believe, but the question is "WHEN" it will happen. As for McAfee though, I will remember him as the greatest "SHILLER" of the 2017 ICO hype. Remember when he shilled too many ICOs back then and there are some dumb investors who are buying the tokens that he's shilling only to end up losing their money because developers and even him are dumping their holdings on the retail investor's faces. Anyway, RIP to him, and it's just sad that he wasn't able to see Bitcoin reach $100,000 in his lifetime.
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0xN0nceSenior Member
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#18May 23, 2022, 11:15 AM
RIP to John. He was an odd fellow, but a smart one, having established a company that deals with security. I do think that his ideology suggests that if there are reasons why it has been actively pushing upward, then it could break that barrier, because at some point, there's an innovation and reason why it has been like this for years. If every CEO were like him and Saylor, it's about time the price would go higher and higher.
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defi_2017Senior Member
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#19May 23, 2022, 12:23 PM
I think it's shameful that a guy like McAfee was so famous and became the most recognisable face associated with Bitcoin in the past. We've already forgotten about him, and the more he becomes a drop in the ocean, the better. He wasn't the first or the last to predict that Bitcoin would reach a million, and we have well-known figures who project a much better image, such as Andreas or Saylor.
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oracle_satoshiFull Member
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#20May 25, 2022, 02:57 PM
I don't know what people are basing their belief that bitcoin price can reach $1 million in the next 10 years, but on the contrary, I don't think bitcoin can easily achieve that. People should not just look at the price of bitcoin and ignore its market capitalization, and think that bitcoin going to $1 million is the same as going from $1k to $10k. As the capitalization gets larger, the growth rate will also slow down gradually, any asset will experience that and Bitcoin is no exception. Bitcoin has the potential to reach $1 million but it could take 2 or 3 decades, or even longer, IMO.
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