McAfee Says He Never Believed Bitcoin Would Hit $1M

In July 2017, John McAfee said he would “eat his own dick” if Bitcoin does not hit $500,000 within three years. Today, BTC is hovering at a mere $9,130. In general, Bitcoin quite clearly got nowhere near $500,000 in the past three years.

McAfee said that there is still time and also seemingly backtracking from his $1 million per BTC prediction. He called the first cryptocurrency a «Worthless coin».

Since mid-2019, the price of Bitcoin dropped from around $13,900 to $9,100. Following the 34% drop in a 12-month period, McAfee no longer feels confident about his $1 million BTC prediction.

About McAfee’s $500,000 prediction he said, that it is “well documented” his bet was for Dec. 31 of this year, not July 2020. When asked about the bet, he reaffirmed that he would follow through with his bet if BTC does not hit $500,000.