John McAfee was wrong — Bitcoin price never reached $1 million

The bold forecast by entrepreneur John McAfee did not come to pass — despite a robust rally, Bitcoin failed to reach the $1 million mark.

At the time of writing, the price of the leading cryptocurrency trades around $29,500, well below the target level.

Data: Bitcoin Price Prediction Tracker.

In 2017 McAfee vowed to eat his own penis if Bitcoin price did not reach $500,000 by the end of 2020. He later raised the stake to $1 million. Since then the entrepreneur has been vocal in support of his words.

In January last year he abruptly called Bitcoin “the real shieldcoin” and hinted that he would not eat his own penis.

In May 2020, McAfee publicly renounced his predictions.

I’m the person who predicted Bitcoin, the most crippled crypto-tech, would reach $1 mil.

Are you one of the persons who did not see the absurd humor in it?

I posted it on the same day I predicted Whale Fucking would replace Surfing as the number one water sport.

Wake up!

— John McAfee (@officialmcafee) May 30, 2020

“I am the one who predicted that Bitcoin, the most crooked crypto-technology, would rise to $1 million. Are you among those who did not see the absurd humor in it? I published this on the same day I predicted that sex with whales would replace surfing as the number one water sport. Wake up!”

For a profile of one of the most prominent and controversial figures in the Bitcoin industry, read ForkLog.

Tax evasion, ICO promotion and Belize escape: the unusual life of John McAfee

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