It is impossible for the bitcoin price to stay below $1 million by the year 2020, said John McAfee.
The British-American cybersecurity expert cited basic mathematics as his single metric to justify his six-figure prediction for bitcoin. He stated that bitcoin’s behavioral economics was utterly different from that of stocks, adding that one could not apply stock paradigms and formulas to realize the coin’s future value.
Come on people!!! It's time to brush up your basic math skills and run some f*^#$ng numbers!!!! It is mathematically impossible for Bitcoin to be less than $1 mil by the end of 2020. Bitcoin is not an effing stock!!! You can't apply stock paradigms or formulas and expect answers! pic.twitter.com/KM6qVX204R
— John McAfee (@officialmcafee) April 15, 2019
Understanding the “Basic Mathematics”
McAfee didn’t precisely dwell into the mathematical formulas that urged him to come with a million dollar valuation for bitcoin….
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