Predicting Bitcoin Price - Now With A Nice Logarithmic Chart (A.K.A. The Dickline)
If you're into crypto for more than one year then you remember John McAffee famous "dick eating prediction". If you're not, here it is:
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. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my dick if wrong.
Obviously, John McAffee is a popular figure nowadays. And obviously, his prediction sparked a lot of talks, speculations and, lately, even online projects that are trying to keep you updated with the facts.
The most interesting one, by far, is the one called dickline.info. Hopefully by now you understand better the significance of the "dick line" name: it's actually a line which says on which side of it you can find McAffee's dick. And if it's still attached to McAffee, that is.
As you can see from the screenshot above, at the moment of writing, the prediction is in a rather bad shape. It's down almost an order of magnitude: 89.51% below the target. But let's not get sad about it and look at the bright side.
And the bright side is that you can make your own Bitcoin prediction and use the site charts to see where you stand. As a matter of fact, the site hosts as right now another public prediction, Jim Draper's one, which stated that Bitcoin will be $250,000 by 2022. And you can see that he is, obviously, closer to its target than McAffee.
So, what's your prediction? And, more importantly, how's your graph looking?
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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My prediction for bitcoin price after 17.08.2020 to be in the range of USD4900 TO USD6900.
Resteemed
Only because what is really happening is hidden from view.
But, like, after you see that the MtGox trustee dumped bitcoin on the market, at very specific times, then you know that you can't explain that, only because you lacked information.
😂
Let's wait and see...
Those are very superficial....if it will hit 25k in next 2-3 years...i will be grateful to almighty...
Thank you and Have a great day.
It is a nice tool as long as you do not bet on eating any part of your body :)
Mr Mc Affee is a honorable man, but will he keep the promise? :))
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My prediction will be $50,000 after we hit another bull run heading into the halvening and then do another retrace.
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25,000 by the end of 2020 my bitcoin price prediction.
My prediction is $ 20.000 ... I must have many bitcoin!!
My prediction is $ 22,000 and yours?