Crypto

John McAfee no Longer Believes Bitcoin can hit a $1 Million Target

When individuals like John McAfee speak in public, some people immediately give credence to what he is saying. Others tend to dismiss his claims very quickly, for rather obvious reasons.

A while ago, the entire world was looking at John McAfee for his Bitcoin price predictions.

John McAfee is Still Talking About Bitcoin

McAfee predicted, at that time, how Bitcoin would easily hit $1 million in the near future.

As odd as that claim sounded back then, it took the entire cryptocurrency community by storm.

However, it didn’t take long before the excitement quieted down again.

This was primarily influenced by McAfee openly “pumping” altcoins and new tokens as promoted Tweets.

Today, it seems as if the Bitcoin price prediction of $1 million will not come true by any means.

Related Post

Not just because Bitcoin’s price isn’t moving up as quickly, but primarily because McAfee refuted his own claim.

In fact, he now claims how the Bitcoin price prediction is “pure nonsense” and should have never been taken seriously.

Ever since McAfee refuted his own bogus claims, the Bitcoin value surpassed $10,000 again.

As such, it remains crucial to keep a close eye on the individual markets at all times and conduct one’s own research.

Influencers and celebrities are not known for offering solid financial advice. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

17 hours ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

17 hours ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

17 hours ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

6 days ago