SHOCKING: Tech guru bets Bitcoin WILL hit $1m or he will do GRAPHIC forfeit on live TV
THE INTERNET security expert behind McAfee updates has doubled his predicted 2020 price for Bitcoin and promised to commit a horrifying act of self-mutilation if he is wrong, an interview revealed.
Earlier in the year, John McAfee bet the price of digital currency Bitcoin (BTC) would hit $500,000 (£369,550) by the end of 2020 or he would “eat his own penis” on live TV.
The entrepreneur has now doubled his price to $1,000,000 (£739,290) unprompted and reinstated the graphic forfeit.
On Twitter, he said: “When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017.
“BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1million by the end of 2020.
“I will still eat my d**k if wrong.”
The volatile price is standing at double his original value with the end of 2017 in sight.
Mr McAfee decided to take that as a cue to double his price and remind everyone of his terms, despite apparently standing to gain nothing from the bet.
The BTN price hit $11,000 (£8,170) earlier this week sparking fears of a bubble and even a mini crash with the value tumbling to $9,000 (£6,680) before rallying to around $10,700 (£7,900).
The price at the time of writing the price was $9834 (£7,242).
Comments
Post a Comment