John McAfee, Scottish-American programmer and founder of McAfee antivirus software company, claims that the fall in Bitcoin's value is only a temporary phenomenon, and soon the price of the first cryptocurrency will recover.
John McAfee on Bitcoin
John McAfee, a well-known Bitcoin enthusiast, has said that the first cryptocurrency will continue to rise. Furthermore, he said that regardless of the current situation, digital gold has already shown a 300% increase over the past six months and would not stop there.
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The well-known programmer backed his opinion by short-term rate fluctuations, which will eventually bring Bitcoin to a new historical high. He also recalled many short-lived failures already experienced by the cryptocurrency, which did not stop it from rebuilding its rate.
"Bitcoin jitters? Just stop it! Short term fluctuations are meaningless. Bitcoin is still up almost 300% from 6 month's ago. Everytime there's a dip I have to calm people in replies, DMs, etc. GET A GRIP! You know in your heart Bitcoin cannot lose," – John McAfee, Twitter.
John McAfee already made positive predictions about the Bitcoin exchange rate in the past. Since the creation of the first cryptocurrency, the programmer has been a supporter of digital money and even created his own blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details project, McAfee Magic.
Editor: Yulia Krasnaya