Tracking Whether Privy Mcafee Volition Last Forecd To Swallow His Mortal Bits Should Bitcoin Neglect To Ascendance $1 Million, Fiat

From the real-time Bitcoin Price Prediction Tracker:

John McAfee says: 1 BTC volition endure worth $ 1 million past times the destination of 2020. Is he losing his bet?

It started amongst a tweet
John McAfee made a bet on July 17th 2017: One unmarried Bitcoin would endure worth $ 500,000.00 inwards 3 years. The closing cost according to CoinDesk was $ 2,244.27 that day. Look what is at stake:

if not, I volition swallow my dick on national television.

— John McAfee (@officialmcafee) July 17, 2017

He later on revised his bet in addition to predicted $ 1 1000000 past times the destination of 2020. 

The math behind it

Is this actually possible? Bitcoin needs to grow at a charge per unit of measurement of 0.484095526 % per day from 2017-07-17 to 2020-12-31 to decease from $ 2,244.27 to $ 1,000,000.00. That is the cerise draw on the inwards a higher house chart. As long equally the blueish draw is inwards a higher house the cerise line, nosotros are on target. Hover over the nautical chart to decease daily prices.

Compared to the enormous cost changes, one-half a per centum does non audio similar much to you? This is the magic of exponential growth.

That parabolic crimp - seriously?

When y'all zoom out, the crimp gets steeper in addition to steeper. Relax! Growth curves hold off similar that. Take the Dow Jones, a savings draw of piece of employment concern human relationship amongst involvement or bacteria growing inwards a petri dish....

....MORE, including the interactive chart.

No give-and-take on whether McAfee volition too endure having fava beans in addition to a prissy chianti.

Though a kicky Rosé powerfulness brand a amend pairing amongst the what I assume tin solely endure an appetizer.