RATE Group | McAfee Changes Bitcoin (BTC) Price Prediction… to $2 Million In 2020
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McAfee Changes Bitcoin (BTC) Price Prediction… to $2 Million In 2020

20 Oct McAfee Changes Bitcoin (BTC) Price Prediction… to $2 Million In 2020

Posted at 20:45h in Bitcoin News by

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In 2017, the price of Bitcoin exploded. Seemingly every few weeks, the cryptocurrency would hit a new price milestone, mounting past $1,000, $5,000, $10,000, and so on in rapid succession. This upward price action led many to make zany predictions.

John McAfee, the libertarian cybersecurity guru-turned-cryptocurrency proponent, for instance, argued that by the end of 2020, BTC would eclipse one million dollars.

While many cynics have laughed off this, well, lofty price prediction, McAfee is sticking to his guns. In fact, he recently upped his prediction…

Bitcoin To Hit 2 Million?

In an interview with AIBCSummit, McAfee said the following: “Run the f***ing numbers. If Bitcoin is less than $2 million by the end of 2020, then mathematics itself is a flawed disappointment.”

He backed this prediction by citing scarcity. In an interview with Forbes, he stated:

“Let’s get real, there are only 21 million bitcoins. Seven million of which have been lost forever, and then, if Satoshi…

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