John McAfee has doubled down on his confidence in bitcoin by stating his belief it will be worth $1 million by the end of 2020. Bullishly, the controversial businessman said he will eat his own manhood if the cryptocurrency fails to perform to that level. <\/p>\n
The founder of the eponymously named security software, McAfee has something of reputation for backing the volatile cryptocurrency with outrageous comments.<\/p>\n
READ MORE: Ill eat my d**k on national TV if bitcoin doesnt surpass $500k in 3yrs John McAfee<\/p>\n
Earlier this year, the US native signified his faith in the cryptocurrency by proposing a similar forfeit, stating he would eat his own penis on national television if bitcoin did not reach $500k within three years.<\/p>\n
With bitcoin recently smashing the $10,000 landmark on South Koreas cryptocurrency exchange and news of its rise to $11,000 on Wednesday, McAfee appears to have become even more spirited. He has now raised the bet, waging his genitals against bitcoin growing to $1 million by 2020.<\/p>\n
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, he said. McAfee said bitcoin has accelerated much faster than what he originally thought and therefore had to revise his opinion. I will still eat my d*ck if wrong, he added.<\/p>\n
READ MORE: Unstoppable bitcoin rockets to $11,000 in massive sudden spike<\/p>\n
Bitcoin has experienced a meandering rise since its launch in 2009. In early November, bitcoins value dropped 30 percent before rebounding. As of Wednesday, the digital currency was valued at a record $11,000, up from $1,000 at the beginning of the year.<\/p>\n
<\/p>\n
View post:<\/p>\n
$1mn by 2020: John McAfee will still eat his own d*ck if ...<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" John McAfee has doubled down on his confidence in bitcoin by stating his belief it will be worth $1 million by the end of 2020. Bullishly, the controversial businessman said he will eat his own manhood if the cryptocurrency fails to perform to that level. Continue reading