How Bad This Market Dip Really Is?

I'm not gonna give you a bunch of technical analysis - which I first molded to suit my already made predictions - nor will I bring to the table esoteric approaches, like astrology or numerology (although, beware, I could, and at some point I may have a conversation with you on these topics). Instead, I will just remind you of John Mcaffee prediction about Bitcoin, which, quoted approximately, sounds like this:


If Bitcoin doesn't reach $500,000 by 2020, I will eat my dick on public television.


Since that statement, McAffee upgraded his prediciton to $1,000,000.

Again, you don't have to take the man's word, because now there is a website tracking the eventuality of this potential event (I'm talking about Bitcoin reaching $500,000, obviously). It looks at the trends and calculates the future value of Bitcoin based on the overall price trend. You may find it, if you want, by clicking here, but if you're too lazy, I made a screenshot of it:


Screen Shot 2018-02-03 at 9.55.19 AM.png


So, as you can see, we're still on track for the predicted Bitcoin price. We may start worrying about McAffee's dick only if the price will drop below $6,875. Which I doubt it will happen very soon. Or ever.

I highly recommend you to have a look at this site every time Bitcoin - or you favorite altcoin - takes a dip.

It really helps with the mental health, you know.


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.


Dragos Roua


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