How is McAfee $1 Million Bitcoin Bet Doing?

September 29, 2019 By: Lorenzo Stroe

John McAfee, founder of the software company McAfee and outspoken cryptocurrency bull once made a prediction about Bitcoin. John McAfee first predicted Bitcoin to reach $500,000 by the end of 2020, however, according to another tweet, the model he used to predict that price was wrong and the right prediction was, in fact, $1,000,000.

On top of that, McAfee also said he would eat his masculine member on national television if Bitcoin doesn’t hit $1 million by the end of 2020.

These tweets weren’t really a surprise as McAfee is known for saying some of the craziest stuff you can think of. McAfee has tweeted photos of him when in jail, threatened the CIA and is even running for the U.S. presidency.

Back on the topic, how is McAfee doing right now in regards to his bet? According to his model, Bitcoin should have been trading at around $108,000 by now, however, Bitcoin has just recently crashed down to $7900.

Anyone can check how McAfee’s prediction is doing here. According to the creator of the website and following McAfee prediction model, Bitcoin needs to grow at a rate of 0.484095526% per day to reach $1 million by the end of 2020.

Best possible outcome?

We have done the math. The best possible outcome for us would be Bitcoin hitting $999,000 by the end of 2020. We will be rich and we still get to see Mr.McAfee eat his masculine member on National Television.

Unfortunately for us, McAfee has never ever lost a bet before.

We also found out that he is not even planning to do it:

Seems like McAfee has bamboozled us again.

 

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