The crypto industry is one of the most fragile industries in the world and is heavily dependent on market influencers. This is because the industry itself is quite young, and theres a dearth of extensive and exhaustive data that could help interpret the market conditions. Thus, the role of influencers, especially those who are from technical backgrounds, is extremely crucial for the industry. One of the biggest names among such influencers is that of a computer scientist and anti-virus pioneer John McAfee.
McAfee, who himself is on the run from the US authorities, has been quite vocal about his views on cryptocurrencies and is the biggest proponents of Bitcoin and other cryptos. In fact, he is among the first persons to claim that BTC will touch the million-dollar mark in the next few years. As the year is about to end, we look at what McAfee had to say about Bitcoin in 2019, and what does he predict for 2020:
John McAfee was one of the prominent personalities that came out openly against self-proclaimed Bitcoin creator and Bitcoin SV chief Craig Wright. McAfee was among the firsts to debunk Wrights claim of being Satoshi Nakamoto and did so in a hilarious manner saying,
I am the real Craig Wright. I can prove it. Absolutely. Im filing a patent on my existence as Craig Wright. I can prove I am him at a fingers snap. But Im not going to. You must simply believe me. I will be suing Craig, soon, for impersonating me. Unlike me, he is serveable.
In turn, Craig Wright called McAfee a scam artist, and threatened to drag him to the court. However, McAfee had the last laugh as Wrights own legal battle grew tragic for him. Currently, Bitcoin SV is going through a tough phase, and problems for Wright doesnt seem to end anytime soon.
2018 was a disastrous year for Bitcoin as the apex crypto fell from its all-time peak of around $20,000 in December 2017 to less than $4,000 in January 2019. Things started to improve in February when Bitcoin broke its six months-long losing spree. Predicting a mega bull return, McAfee predicted that BTC would hit $1 million by the end of 2020, a claim which seems to be far from reality at the moment.
After a mini bull run till late July, BTC has come down steadily from its yearly peak of around $14,000 to less than $7,200 as of date. In spite of this, McAfee has stuck to his bull prediction stating that he agreed with the midterm $50,000 prediction by Peter Brandt and also reiterated that BTC would touch $1,000,000 by the end of 2020.
McAfee has been a long-time advocate of cryptocurrencies. This became even more apparent when he promoted BeatzCoin, a cryptocurrency targeted towards empowering artists, stating that it was one of the best. His support for the use of crypto became even more apparent when he stated that using fiat currencies is slavery, and that the government is afraid of crypto.
Similarly, McAfee also showed his open support for Dogecoin, an altcoin that began life as a joke but has successfully acquired a market cap of around $360 million. He seconded Tesla boss Elon Musks prediction that Dogecoin will go to the moon.
The year 2019 has been quite adventurous for John McAfee, as he not only spent time in jail and dodged the US authorities on multiple occasions but also engaged with several crypto-blockchain platforms. Some of these include:
John McAfee launched a decentralized crypto exchange called McAfee DEX in October. McAfee DEX boasts features like complete anonymity of transactions, lesser processing times, and lowest processing fees. The DEX is functioning smoothly at the moment, though it faced tough challenges initially.
Before launching the DEX, McAfee went out all guns blazing against fiat currencies and government-controlled monetary systems. He also heavily criticized centralized crypto exchanges and accused them of controlling the market.
McAfee launched the Epstein Didnt Kill Himself (WHACKD) token as a form of protest against the alleged murder of Jeffery Epstein which was staged as a suicide in prison. He also announced an airdrop of 700 million WHACKD tokens which were divided equally among all the eligible participants.
First of all, we will have to closely observe the McAfee DEX, how it performs and how much it stays true to initial promises. Similarly, it would be quite interesting to see the outcomes of various partnerships and engagements McAfee has entered into this year and given his past record, and exciting results are awaited.
However, the most important thing to keep an eye on would be the performance of Bitcoin. As mentioned earlier, McAfee has predicted a $1 million prediction for BTC by the end of 2020, and if Bitcoin was to really achieve this stupendous feat, it would have to have a terrific bull run through the year. At this moment, it seems quite unlikely due to the below $7,500 price, but if at all it happens, McAfee will establish himself as the greatest Bitcoin analyst.
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Let's look at what McAfee had to say about Bitcoin in 2019 - CryptoNewsZ
- John McAfee: Verge (XVG) is the Best Buy; XVG Price ... - February 6th, 2018 [February 6th, 2018]
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- John McAfee Admits Bitcoin Is A Total Scam - Your News Wire - March 13th, 2018 [March 13th, 2018]
- John McAfee Resurfaces With a Bang as Adviser to Crypto ... - March 16th, 2018 [March 16th, 2018]
- John McAfee: 'CIA Compromised Every Router In America' - April 1st, 2018 [April 1st, 2018]
- John McAfee announces bid for 2020 US presidential election - June 5th, 2018 [June 5th, 2018]
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- John McAfees Latest Prediction: Major Crypto Price Surge ... - July 3rd, 2018 [July 3rd, 2018]
- John McAfee Says There is a War on Cryptocurrencies ... - July 13th, 2018 [July 13th, 2018]
- John McAfee Fled to Belize, But He Couldnt Escape Himself - July 26th, 2018 [July 26th, 2018]
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- John McAfee Boldly Predicts Bitcoin Will Surpass $15,000 Next ... - August 20th, 2018 [August 20th, 2018]
- John McAfee: I keep a gun in my hand while showering, sitting ... - August 26th, 2018 [August 26th, 2018]
- John McAfee: I keep a gun in my hand while showering ... - August 29th, 2018 [August 29th, 2018]
- Seth Rogen & Michael Keaton Join John McAfee Film King Of ... - October 30th, 2018 [October 30th, 2018]
- Seth Rogen, Michael Keaton Starring in John McAfee Movie ... - October 30th, 2018 [October 30th, 2018]
- John McAfee, Ripple (XRP) and the SEC - Global Coin Report - December 19th, 2018 [December 19th, 2018]
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- John McAfee undeterred by crashing market, says Bitcoin will ... - December 27th, 2018 [December 27th, 2018]
- John McAfee on Bitcoin: You Cant Stop It, Reiterates $1 ... - December 27th, 2018 [December 27th, 2018]
- JOHN MCAFEE: I'll decrypt the San Bernardino phone free of ... - December 28th, 2018 [December 28th, 2018]
- Blockchain wins the John McAfee Award for Destroying Time and ... - January 2nd, 2019 [January 2nd, 2019]
- Dr. John McAfee, MD - Book an Appointment - Carson City, NV - January 2nd, 2019 [January 2nd, 2019]
- John McAfee's Warning About That Presidential Alert - The ... - January 2nd, 2019 [January 2nd, 2019]
- John McAfee: "The Bull Market IS coming" - Ethereum World News - January 22nd, 2019 [January 22nd, 2019]
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- 'The Bitcoin (BTC) Bull Market IS Coming,' Reassures John ... - February 4th, 2019 [February 4th, 2019]
- JOHN MCAFEE: Join the crusade to save our country ... - March 7th, 2019 [March 7th, 2019]
- John McAfee: How No One Got Laid Through Ashley Madison ... - March 7th, 2019 [March 7th, 2019]
- McAfee Stands By $1 Million Bitcoin Price Prediction By 2020 - April 14th, 2019 [April 14th, 2019]
- Will McAfee Disclose Nakamoto's Identity? Crypto Will Suffer ... - April 20th, 2019 [April 20th, 2019]
- John McAfee 'knows true identity of Bitcoin creator Satoshi ... - April 20th, 2019 [April 20th, 2019]
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- John McAfee Triggers Countdown to Unmask Bitcoin Creator ... - April 20th, 2019 [April 20th, 2019]
- John McAfee Dares Bitcoin SV Creator Craig Wright to ... - May 5th, 2019 [May 5th, 2019]
- Bitcoin Below $1M by 2020 is Impossible, It's Pure ... - May 13th, 2019 [May 13th, 2019]
- Bitcoin Price Will Reach $1 Million in 2020, Or Youre an ... - May 13th, 2019 [May 13th, 2019]
- Bored? John McAfees New App Will Harass & Reward You in BTC - May 13th, 2019 [May 13th, 2019]
- John McAfee asks his Twitter followers to stop sending him ... - May 13th, 2019 [May 13th, 2019]
- John McAfee slams US authorities as government closes in - May 13th, 2019 [May 13th, 2019]
- Overstock Shares Crash as Former CEO Cashes Out Goes All In on Crypto and Gold - CCN.com - September 25th, 2019 [September 25th, 2019]
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- Charles Hoskinson Interview From Ethereum To Cardano And IOHK - Nasdaq - September 25th, 2019 [September 25th, 2019]
- Bakkt to Launch Bitcoin Futures in Three Days, John McAfee: It ould Jump-Start Crypto Adoption - U.Today - September 25th, 2019 [September 25th, 2019]
- John McAfee Speaks On the Beatzcoin IEO Hosting On Probit Exchange - Coinpedia - September 25th, 2019 [September 25th, 2019]
- John McAfee: Bitcoin Custody to Become the Standard - CryptoPotato - September 25th, 2019 [September 25th, 2019]
- Federal Reserve Ramping Up Repo Operations In Early 2020 Will Prove A Strong Case For Bitcoin - ZyCrypto - December 16th, 2019 [December 16th, 2019]
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- Crypto Baron John McAfee Claims He Put Up Show Together with CIA and Zombie Coin - U.Today - January 5th, 2020 [January 5th, 2020]
- John McAfee: Bitcoin Is Ancient Technology, As Ford Model T For Cars - CryptoPotato - January 5th, 2020 [January 5th, 2020]
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- XRP Price Expected to Hit $1 Minimum as We Approach 2021 - U.Today - February 24th, 2020 [February 24th, 2020]
- John McAfee Praises Privacy Crypto, Reveals the Secret of Technical Progress - U.Today - February 24th, 2020 [February 24th, 2020]
- Johnny Depp: Upcoming Movies He Will Be Seen In - The Digital Weekly - February 24th, 2020 [February 24th, 2020]
- The rise, and fall, and rise of John McAfee, from tech ... - February 29th, 2020 [February 29th, 2020]
- John McAfee 2020 presidential campaign - Wikipedia - February 29th, 2020 [February 29th, 2020]
- 7 Things You Probably Didn't Know About John McAfee - February 29th, 2020 [February 29th, 2020]
- IRS fugitive John McAfee sent to UK after stint in ... - February 29th, 2020 [February 29th, 2020]
- Satoshi Nakaboto: Steven Seagal to pay $330K settlement for promoting a Bitcoin scam - The Next Web - March 4th, 2020 [March 4th, 2020]
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- Tim Draper's Proposal To Replace the US Dollar With Bitcoin (BTC) - UseTheBitcoin - March 4th, 2020 [March 4th, 2020]
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- McAfee Finally On The Right Path - Forbes - April 2nd, 2020 [April 2nd, 2020]
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