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McAfee Says He Never Believed Bitcoin Can Hit $1 Million

John McAfee has said that he never believed Bitcoin can hit $1 million mark. The comments comes after he said last year that he is positive Bitcoin goes to $1 million.

“Not going to get out of it. I never believed Bitcoin would hit $1 mil. It’s absurd. It’s an old, tired, worthless coin. I just wanted to eat my dick on TV. Wait for it,” he said on July 19, 2020.

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.

“Bitcoin is at the mid 10’s and people worry. LMFAO!! Why do you pay attention to weekly fluctuations? Look at the past few months FFS! It’s rising drastically. I’m still positive about my $1 mil BTC price by the end of 2020. Alt coins like MTC and Apollo will rise ten times more,” he said.

The website says McAfee “promised to eat his own dick” if BTC does not hit $1 million by December 31, 2020.

“It’s well documented that I will eat my dick on Dec 31st 2020, not in July of this year. Google the bet. The ‘In three years’ was a reference to that date. The originator of this tweet did not research it. Will I eat it? You bet! Myself, or, perhaps, a subcontractor,” he said.

Nevertheless, for McAfee to win the bet, BTC price would now have to gain at least 10,000% over the next five months.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.