John McAfee Says Point-Set Technology Puts Bitcoin’s Price At Least $1 Million By End of 2020
A recent article published by U.Today, predicted a Bitcoin bull run could happen sometime soon especially because the coin still shot past $5,500 regardless of the story that recently shocked the market when it was revealed that Tether and Bitfinex through their parent company, iFinex, was involved in an $850 million scam.
The article showed that most analysts agree that a further Bitcoin price surge was definitely inevitable, predicting that the prices may go as high as $102,000 or higher up all the way to $336,000. However, John McAfee has responded to the article predicting much higher figures.
John McAfee, who has also announced that he would again be interested in joining the 2020 presidential race, responded to U.Today’s article saying that Bitcoin will be at least a million dollars in two years. His tweet said:
“Bitcoin over $400,000 in two years??? Anyone who can add and subtract, and who has even the slightest comprehension of point-set topology, knows, absolutely, that it can't be less than one mil within two years. Does no-one study math anymore?? WTF people?”
McAfee has become a bit famous (or infamous) for his very daring and audacious statements and behavior, in recent times. He further explained his prediction with another tweet saying:
“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my dick if wrong.”
Reactions to Mcfee’s Tweet
It definitely is quite a thought, trying to figure out how McAfee made calculations that allow him to predict a price as high as 1 million by the time 2020 is over. Even with all the optimism in the industry, no analyst has properly predicted any price higher than $400,000 for the same time frame.
For McAfee to claim that a prediction that high is not only generous but also easy to arrive at, leaves a lot to question. This is the general reaction the crypto community has to his predictions.
A few responses even went as far as attributing his heavy predictions to drug usage as McAfee has been known to dabble into drugs in the past. In 2012, a house owned by John in the Orange Walk Town of Belize, was searched by the Belize Police Department’s Gang Suppression Unit.
This led to his arrest for possession of an unlicensed weapon and also for unlicensed drug manufacturing. Furthermore, he’s been known to publicly admit to drug usage as he once described a drug as “the finest drug ever conceived” and mentioned feeling an “indescribable hypersexuality”, calling it the “super perv powder.”
The knowledge of his drug use probably pushed one @DapperCrypto to ask McAfee whether or not his conclusion was influenced by another hallucinogenic drug called DMT. DapperCrypto asked:
“Is this before or after DMT trip?…”.
Surprisingly, after ignoring most of the other replies, McAfee responded to this one saying:
“Numbers, even on DMT, are still numbers. I’ve never had a DMT trip where 2 + 2 is not equal to 4.”