{"id":34289,"date":"2021-01-01T15:57:08","date_gmt":"2021-01-01T13:57:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34289"},"modified":"2025-08-28T19:42:56","modified_gmt":"2025-08-28T16:42:56","slug":"john-mcafee-was-wrong-bitcoin-price-never-reached-1-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/john-mcafee-was-wrong-bitcoin-price-never-reached-1-million\/","title":{"rendered":"John McAfee was wrong \u2014 Bitcoin price never reached $1 million"},"content":{"rendered":"<p>The bold forecast by entrepreneur John McAfee did not come to pass \u2014 despite a robust rally, Bitcoin failed to reach the $1 million mark.<!--more--><\/p>\n<p>At the time of writing, the price of the leading cryptocurrency trades around $29,500, well below the target level.<\/p>\n<div id=\"attachment_121216\" style=\"width: 1908px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-121216\" class=\"size-full wp-image-121216\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Tracker.png\" alt=\"John McAfee was wrong \u2014 Bitcoin price never reached $1 million\" width=\"1898\" height=\"909\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Tracker.png 1898w, https:\/\/forklog.com\/wp-content\/uploads\/Tracker-300x144.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Tracker-1024x490.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Tracker-768x368.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Tracker-1536x736.png 1536w\" sizes=\"auto, (max-width: 1898px) 100vw, 1898px\" \/><\/p>\n<p id=\"caption-attachment-121216\" class=\"wp-caption-text\">Data: <a href=\"https:\/\/fnordprefekt.de\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin Price Prediction Tracker<\/a>.<\/p>\n<\/div>\n<p>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.<\/p>\n<p>In January last year he abruptly called Bitcoin &#8220;the real shieldcoin&#8221; and hinted that he would not eat his own penis.<\/p>\n<p>In May 2020, McAfee publicly renounced his predictions.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I&#8217;m the person who predicted Bitcoin, the most crippled crypto-tech, would reach $1 mil.<\/p>\n<p>Are you one of the persons who did not see the absurd humor in it?<\/p>\n<p>I posted it on the same day I predicted Whale Fucking would replace Surfing as the number one water sport.<\/p>\n<p>Wake up!<\/p>\n<p>\u2014 John McAfee (@officialmcafee) <a href=\"https:\/\/twitter.com\/officialmcafee\/status\/1266734176235126785?ref_src=twsrc%5Etfw\">May 30, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>&#8220;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!&#8221;<\/p>\n<\/blockquote>\n<p>For a profile of one of the most prominent and controversial figures in the Bitcoin industry, read ForkLog.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"ngxUayMjpd\">\n<p><a href=\"https:\/\/forklog.com\/en\/news\/tax-evasion-ico-advertising-and-belize-flight-the-extraordinary-life-of-john-mcafee\">Tax evasion, ICO promotion and Belize escape: the unusual life of John McAfee<\/a><\/p>\n<\/blockquote>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full feed of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bold forecast by entrepreneur John McAfee did not come to pass \u2014 despite a robust rally, Bitcoin failed to reach the $1 million mark.<\/p>\n","protected":false},"author":1,"featured_media":34290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1146,944],"class_list":["post-34289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-cryptocurrency-market-forecasts","tag-john-mcafee"],"aioseo_notices":[],"amp_enabled":true,"views":"85","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=34289"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34289\/revisions"}],"predecessor-version":[{"id":34291,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34289\/revisions\/34291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/34290"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=34289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=34289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=34289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}