Trevon James, a former promoter of the famous cryptocurrency Ponzi scheme, BitConnect, made a Bitcoin prediction in 2018, which he must be regretting today. Back in 2018, he said that BTCs price will be $10 on January 1st, 2020 and that he would eat his own dogs excrement live on the internet if this is not the case.

James is a notorious YouTuber within the cryptocurrency community, mostly with promoting one of the largest scams in the industry BitConnect. It offered a 10% return on investment each month, and the coin (BCC) rose notably to $463 during the parabolic price increase of 2017 but ultimately plunged to less than $5 by January 2018, and then shut down officially.

While the community was attacking James for his knowing promotion of a suspected Ponzi scheme, he decided to offer a strongly negative prediction regarding Bitcoins price. Back in December 2018, he said that the largest cryptocurrency will be worth $10 as of today January 1st, 2020.

If his prognosis is somehow wrong, he will eat his own dogs poop. As we know today, BTC is at around $7,200, which is a long way from $10, so James indicated that Im a man of my word and that he will stream live the video of the unpleasant feast.

Even though he claims that he streamed the video, its worth noting that it doesnt appear on the platform nor on his YouTube channel.

Interestingly enough, James might now be promoting another controversial cryptocurrency-related project Hex.

The largest cryptocurrency is the target of similar predictions quite regularly, but it generally proves people wrong.

One of the most famous ones came from the prominent Bitcoins supporter and former antivirus tycoon John McAfee. As he confirmed in an interview with CryptoPotato, he thinks that BTC will reach $1 million by the end of 2020.

Some realistic and accurate predictions came from an anonymous analyst posting last year how Bitcoins price will change in the course of two years. While he was spot on at his first few picks, he was wrong about October, saying that BTC will be at $16,000, but in reality, it reached a monthly high of $9,700. The next listed month from his post is February, and the price is set for $29,000.

Most recently, another Bitcoin proponent, Michael Novogratz, seemed less optimistic about his prediction. Previously, he said that the largest cryptocurrency will go back to its all-time high of $20,000 by the end of 2019, but now it appeared that he is losing confidence by forecasting $12,000 at the end of 2020.

Featured image courtesy of Yahoo Finance

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Trevon James Promised (And Claims He Did) Eating His Dogs Poop If Bitcoin Isnt At $10 By 2020 - CryptoPotato