John McAfee's infamous bet (Bitcoin $1 million by the end of 2020 or I'll eat my d*ck on national television) has come back to life following the Bitcoin pump over $5K. For the first time in months, McAfee is catching up a little with his bet again.
In order to reach the $1 million target, Bitcoin needs to grow 0.484095526% per day from July 17 2017, the day of McAfee's prediction, to December 31 2020. This month, for the first time in a long time, McAfee's prediction is actually not losing ground. On March 31, the price of Bitcoin was 495 days behind the average growth line. Currently, Bitcoin is 'only' 463 days behind on schedule.
There is still a lot of progress needed to make sure McAfee doesn't have to eat his private parts on national television. With the Bitcoin price currently sitting close to $5100, BTC is still 89,35% below the price it should be in order to follow that steady line all the way up to $1 million. If Bitcoin would follow that red line, it would now be worth $47,823, with 20 months to go before the deadline.
Read more: Is Bitcoin at $1 million really possible?
In the meantime, McAfee isn't all that worried about his BTC prediction. Recently the United States fugitive, now living in the Bahamas, claimed it is 'mathematically impossible for me to lose this bet' while Bitcoin was still sitting at $4K.
Not mathematically possible for me to lose that bet. But wish on.— John McAfee (@officialmcafee) March 20, 2019
After the recent Bitcoin pump over $5K, McAfee tweeted: 'Everyone trashed me two weeks ago when I said: "The market has now turned", so I've kept my mouth shut. I will now say it again: "The market has now turned". The bow of thr bear market was pulled to its max. Now watch the arrow spring to life.' With Bitcoin trading for around $5000, that is still much needed for McAfee to win his bet.
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