Tracking Whether John McAfee Will Be Forecd To Eat His Private Bits Should Bitcoin Fail To Command $1 Million, Fiat

From the real-time Bitcoin Price Prediction Tracker:

John McAfee says: 1 BTC will be worth $ 1 million by the end of 2020. Is he losing his bet?

It started with a tweet
John McAfee made a bet on July 17th 2017: One single Bitcoin would be worth $ 500,000.00 in three years. The closing price according to CoinDesk was $ 2,244.27 that day. Look what is at stake:

if not, I will eat my dick on national television.

— John McAfee (@officialmcafee) July 17, 2017

He later revised his bet and predicted $ 1 million by the end of 2020. 

The math behind it

Is this really possible? Bitcoin needs to grow at a rate of 0.484095526 % per day from 2017-07-17 to 2020-12-31 to get from $ 2,244.27 to $ 1,000,000.00. That is the red line on the above chart. As long as the blue line is above the red line, we are on target. Hover over the chart to get daily prices.

Compared to the enormous price changes, half a percent does not sound like much to you? This is the magic of exponential growth.

That parabolic curve - seriously?

When you zoom out, the curve gets steeper and steeper. Relax! Growth curves look like that. Take the Dow Jones, a savings account with interest or bacteria growing in a petri dish....

....MORE, including the interactive chart.

No word on whether McAfee will also be having fava beans and a nice chianti.

Though a kicky Rosé might make a better pairing with the what I assume can only be an appetizer.