John McAfee Calls People Who Fell for His $1 Million Price 'Prediction' for Bitcoin 'Idiots'

Francisco Memoria

Eccentric cybersecurity entrepreneur John McAfee has commented his $1 million bitcoin price prediction made in 2017 on social media, mocking the “idiots” that did not see the “absurd humor” in it.

In a series of tweets, McAfee reminded his followers he was the person who prediction Bitcoin, the “most crippled crypto-tech” would reach $1 million by the end of this year, and added he posted his prediction on the same day he predicted a whale-loving sport would replace surfing as the number one water sport.

While McAfee does mention the supposed sport often on his social media accounts – and has been doing so at least since 2016, he doesn’t appear to have mentioned it the same day he made the price prediction. Nevertheless, he responded to a user asking if he did not see “the absurd humor” in the $1 million bitcoin pride prediction.

He added:

Put a different way: If Bitcoin ever hit $1 mil, it's market cap would be greater than the GDP of the entire North American Continent. What idiot could believe such nonsense?

McAfee had already U-turned on his price prediction earlier this year, when he claimed it was a “ruse to onboard new users” that worked. At the time, he said Bitcoin was “ancient technology” and compared it to Ford’s Model T, questioning whether it could have been the future of cars.

In April, McAfee responded to a user on Twitter by claiming bitcoin is “worthless,” despite making his price prediction back in 2017.  McAfee has since then been criticized for making various price predictions he got wrong – including for altcoins – while some have defended the value of BTC on his feed.

According to The Verge, in 2018 McAfee revealed he charged $105,000 for a promotional cryptocurrency tweet. His promotional crypto tweets started after he unexpectedly helped the price of Verge (XVG) surge with a tweet.

Featured image via Unsplash.