Bitcoin

Bitcoin Growth Is Unstoppable, Says McAfee

John McAfee, ever one to attract attention in the crypto space, has made a characteristically bullish remark on Bitcoin (BTC), tweeting that its “growth is unstoppable”,

McAfee has previously said that bitcoin would hit $1 million by 2020, a grand valuation for such a short span of time. Others have slightly more sober predictions about the price of bitcoin in the future, such as Tim Draper, who has said that Bitcoin would hit $250,000 by 2023.

McAfee has also been stirring up controversy because of his claims that he knows the identity of Satoshi Nakamoto. However, he says that chooses not to reveal it for fear of extradition. Investors are skeptical of claims – by anyone, including Craig Wright – of individuals being aware of Satoshi’s identity.

It is at time that one website and Twitter user, GotSatoshi, says that he or she will reveal the identity of Satoshi tomorrow. This user also states in the Twitter bio that he or she “may know McAfee.”

Bitcoin recently crossed the $7,000 mark and the activity of the market has sent enthusiasts into a frenzy, teasing a potential longer bull run in the coming months – a prediction that Fundstrat CEO Tom Lee has said will arrive in about 6 months. Similarly, Galaxy Digital CEO Mike Novogratz has said that bitcoin would hit $20,000 in 18 months.

All things considered, it is true that bitcoin is showing some resilience, bouncing back quickly after a long “crypto winter.” Whether or not it this will continue, time will tell.

Abhimanyu Krishnan

Abhimanyu is an engineer on paper but a writer by living. To him, the most celebratory aspect of blockchain technology is its democratic nature. While he’s hodling, he can be found reading a good book or making the local dogs howl with the sound of his guitar playing.

Share
Published by
Abhimanyu Krishnan

Recent Posts

Is A Silicon City Tech Giant Behind BlockDAG Network As Its $11.4M Presale Outcasts Floki Inu Price Surge Amid BOME Fluctuation

With Floki Inu's next bull run approaching, investors are closely monitoring its innovative token burn…

2 weeks ago

BlockDAG Becomes Top Crypto Investment Choice with $9.9M Presale, Beating Fantom & Apecoin

BlockDAG (BDAG) has continued to stand out with its innovative presale strategy, offering early investors…

2 weeks ago

Render and Dogecoin Price Predictions Defy Expectations As BlockDAG Emerges as the Highest ROI Crypto for 2024

As we venture into 2024, the crypto market is brimming with potential for unprecedented growth.…

2 weeks ago

Solana’s 20% Trading Spike Sparks BlockDAG Presale Interest While Memeinator Presale Reaches Edge

This analysis contrasts the flourishing momentum of BlockDAG coin's presale against the backdrop of the…

3 weeks ago

CryptoGames Review: Bitcoin and Altcoin Casino

Ever wondered what it is like to experience the extravagant casino vibes in the comfort…

2 years ago