Bitcoin Bull John McAfee Urges to Ignore the BTC Price Fall, Stands Firm on $1 Mln in 2020

Libra Coin News
Mon, 09/30/2019 - 13:03
Yuri Molchan
As Bitcoin plunged below $8,000 this morning, the Bitcoin permabull and ‘crypto anarchist’ John McAfee urges the community to ignore it, confirming his $1 mln forecast
Cover image via www.youtube.com
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John McAfee, an eccentric and controversial figure of the crypto industry, has again addressed the community, calming them down and urging not to panic over the current Bitcoin price’s massive drop.

Instead, he suggests the following: ‘woo your spouse or finish off your drug stash’ but do not pay attention to the Bitcoin massive loss in value. As before, McAfee confirms his manhood-risky forecast for $1 mln per Bitcoin by the end of 2020.

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McAfee supports Peter Brandt

Posting a screenshot of an article published by U.Today, in which the trading guru Peter Brandt predicts the Bitcoin price to hit $50,000, McAfee stated that he agrees with him on this mind-term forecast.

As per the long-term direction of the BTC price, John McAfee stands firm on his previous prediction of $1 mln per Bitcoin by the end of 2020.

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‘Stop wringing your hands!’

Being on the run from the US IRS and changing ‘safe locations’ every now and then, John McAfee remains deeply involved in the crypto industry, cooperating with various companies. Among his most recent ‘jobs’ is the Chinese project Zombie Coin and the Burency crypto exchange.

Every time that the bears started to win over the bulls on the BTC market recently, McAfee urged the community not to take these shifts of the price seriously, promising the brightest future for dedicated Bitcoin investors and hodlers.

This time he says ‘stop wringing your hands. All is well”.

As reported by U.Today, earlier, at the weekend he addressed the crypto community via his Twitter page, encouraging them to do whatever they can to stimulate the BTC rise.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.