Bitcoin News

John Mcafee Ups Bitcoin Target Price to $1Million By End of 2020

bitcoin fraud

John McAffe made a new personal prediction on bitcoin’s price – $1 million by the end of 2020.

He said on twitter that:

When I predicted Bitcoin at $500,000 by the end of 2020, i 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.

As a reminder, McAfee’s new company, MGTI, fashions itself to be North America’s largest bitcoin miner – leveraging up to purchase high powered machines to mine the valuable cryptocurrency.

Adrian Mathieu
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Adrian is a cryptocurrency trader and writer since 2014. He follows closely coins such as Bitcoin, Ethereum and NEO to little known ICOs, constantly analyzing crypto markets in order to stay informed. Email Adrian directly at [email protected]