Predicting Bitcoin Price - Now With A Nice Logarithmic Chart (A.K.A. The Dickline)

in bitcoin •  6 years ago 

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.


Screen Shot 2019-02-23 at 12.54.06 PM.png


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.


Dragos Roua


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My prediction for bitcoin price after 17.08.2020 to be in the range of USD4900 TO USD6900.

Resteemed

crypto goes up, crypto goes down; you can't explain that.jpg

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?

My prediction is $1,000 in a few months. Sorry to be a buzzkill.

I predict Bitcoin to between $0.0001 and $10 million by 2022!

Looks legit.

I feel that you will be wrong.
Fortunately.... and unfortunately.

I am predicting 30k by the end of 2022!

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Well my prediction is that Bitcoin will be at $150,000 by 2022 . It will takes more time for the masses to truly beleive in Bitcoin and blockchain technology

I hope the friend does not eat his cock and that his prediction is true, it would be so great to be fulfilled.

And when bitcoin shoots to over 100k in a few months, what will this chart look like?

It will look just like the first half of the chart. repeated.

McAfee is not basing his prediction on simple price action. And during the last year "bear market" he was saying that things were way ahead of his predictions.

What if bitcoin hits $1,000,000 in January of 2021?
After John ate his dick?

As long as prices don't continue down I think is good enough. Once people realize this bitcoin will have demand and moon!

For me the BTC would be hovering in the 23k in 2020, approximately.

only one prediction work and that is to the moon

Actually i am predicting $100,000 by 2022

Maybe not 500000$ but 300000$ is possible, based on the 2012 - 2014 movement. I wrote earlier today an article, where I listed some 2014 - 2018 similarities, as well as a prediction on what the market could move like in the next couple of months and years.
Here is the article if you're interested.
Who knows, McAfee might just be a lucky guy.

Cheers!

3k plus is still way higher compared to btc's price prior to the pump on december 2017's 18k

Haha! I like this website name, very funny... I don't predict that BTC will reach $1M by 2020, but in my prediction it'll reach it eventually (lately I'm not so confident though.)

I had never heard of that prediction, I'm glad to be in knowledge not to fall ... I hope that crazy prediction is fulfilled this year.