John McAfee is charging $105,000 per promotional crypto tweet.
John McAfee is blatantly using pump and dumps as a way to gain money. Not only from the pump and dumps themselves but from charging teams and crypto enthusiasts to do promotional tweets about the cryptocurrency on twitter. This all comes from his website called "McAfee crypto team."
https://mcafeecryptoteam.com/effect.html
"Within the cryptocurrency industry, nothing can match the power of a McAfee tweet. Frequently, a single tweet has resulted in more than a million dollars of investment into an ICO, and multiple currencies have increased more than 100% in price from a single tweet."
Further, he tries to entice crypto teams to join in the pump and dump scheme by showing them the potential of his twitter following by showing off the numbers.
However, it's not just any coins that McAfee pumps... He says they turn down 90% of the applicants as he only tweets about things he actually believes in. Which is utter bullshit.
He's been known to promote verge, a privacy cryptocurrency. Verge recently had it's twitter account hacked and allegations that the platform leaks IP addresses... All HUGE no-no's for a privacy coin. If McAfee would have done his research in an unbiased fashion, he would have realized that verge isn't the best privacy coin. But... he was blinded by the potential for easy money.
Further, Verge was attacked earlier today by a hacker creating about one million coins and dumping them across exchanges. sigh I wish hackers would stop and teams would be better about securing their networks. Just shows the McAfee really didn't do his research.
https://thenextweb.com/hardfork/2018/03/14/verge-cryptocurrency-twitter-hack
https://news.bitcoin.com/privacy-coin-verge-allegedly-leaking-users-ip-addresses/
Coin creation: https://bitcointalk.org/index.php?topic=3256693.0 and https://twitter.com/vergecurrency/status/981578693062610950
I'd advise people to stay AWAY from McAfee or anyone promoting cryptocurrencies! They almost always have hidden agendas behind the promotional article or tweet. They likely load up before the tweet or article on the cryptocurrency and then pump the price in order to dump their bags.
However, I try and be different than the rest of the cryptocurrency world. I am trying to build a high quality, research orientated team that looks into all aspects of the cryptocurrency and under no circumstances will I accept payment to promote a cryptocurrency.
I choose not to accept payment for my articles on cryptocurrencies because I believe that it skews my perspective and I want to stay unbiased. Further, I also show provide a list of potential biases at the end of every article. I try list my holdings in the coin and the percent it represents in my portfolio.
What John McAfee does is very damaging to the cryptocurrency world. It shows how unregulated the space is and how influences can be manipulated. We need LESS greedy and biased people in the space, and more unbiased and honest perspectives on cryptocurrencies. And I am trying to provide that to the community.
Thanks for reading. And remember, do your own research!
don't forget to upvote and reblog :D
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Basically the website and McAfee feed is a list of stuff to avoid for the long term. I think Verge is a decent project. But it was and still is overvalued compared to other projects that use Zerocoin and still unbroken Dash PrivateSend.
McAfee is the idiot who climed he'd eat his dick on live television if BTC doesn't hit $ 500K USD by 2020. That's just madness especially considering:
Well to each their own. I personally would never trust verge with any money considering all the crazy crap that seems to happen to them. There are much better, tried and tested coins in the privacy sector.
But yeah McAfee is a crazy person. If you haven't, you should watch the documentary about him on netflix - called Gringo. Pretty interesting stuff.
I was impressed by their vision, roadmap and "Black" Paper. I did consider it to be overvalued compared to projects like Zcash and Dash. The recent instamine hack was some bad PR. I initially had my doubts because of the lack of proper funding for a solid dev team (Dash, PIVX, Zcash are all self-funded with a treasury system). The comunity is one of the most hyped and FUD resistant. So I'd be doing some short term buying/selling (as I've done before). But XVG isn't a long term pick for me (at the current state).
I think those are some fair reasons. Perhaps, I will consider looking into XVG's road map and black paper some more.
Although, I dislike treasury systems and funding models, likely because Bitcoin doesn't have a funding model and I got into crypto because of Bitcoin (I guess I'm sort of a Bitcoin minimalist in some ways). Premines, treasury systems all just seem like ways to make their founders rich.
But yeah... the hack did some serious damage to their reputation enough that I likely won't ever be investing with them. Perhaps, I'll write up an article but I doubt it would convince me to diversify into XVG.
Then again I'm a big holder of XMR, while it still has it's issues, like the recent ASIC hard forking issues and potential for transaction linking - I've never felt those issues to be as serious to some of the other privacy coins. Ultimately, I want to support, own, and use the most untraceable currency.... whatever that may be.
Actually not having a treasury leads to centralization. If it doesn't lead to centralization, then the development and promotion takes a hit. Premines are a way for the creators to get rich. But a DAO treasury is completely different. DAOs are allowed to be financially independent. It is the community that decide how to spend the funds. Dash and PIVX allocate 10% of their funds to community proposals and SmartCash actually reserve 70% of newly created coins to community projects.
Since XMR is going through regular forks anyways, ASICs are not concern for me. The real problem is this:
I know they fixed a great deal of these problems. But After researching what happened and looking at the high fees I'm never going to HODL XMR although I mine it on my PC.
Currently I prefer ZeroCoin implementations and Dash. Zerocoin a\cannot be retroactively de-anonymized. The only real problem is the trusted setup. Dash PrivateSend isn't a very user friendly easy to use experience but from what I know, unless a person owns a huge amount of Masternodes, you are pretty much safe.
This is why I love McAfee, crazy old bastard doing stupid shit! He is so entertaining!
Yeah, transaction speed is great. Maybe you should consider stop supporting bid bots. Once they are gone, perhaps Steem will reach a potential you have yet to realize.
Shitcoiners don't even spend time transacting their coins everyday. Oh because they're supporting shitcoins.. lol
Nobody can predict markets..
Best to read this - https://25iq.com/2013/07/18/a-dozen-things-ive-learned-about-investing-from-daniel-kahneman/
And if someone could they would be rich ;)
And they sure as hell won't be sharing that information.
so how can we get enough STEEM together to hire McAfee?
we got to get some of these whales to ban together.
indeed, we there needs to be a major #promo-steem effort to raise $100,000 to hire McAfee for a pump
inquiry have you looked into VeChain at all
I have not. The tiny amount I know is that - I think it looks promising. But, I've done little research on it.
I can't even lie I'm interested in it because they call a secondary coin Thor-Power
... it made me laugh, that's for sure! - Thor-power! LOL. Norse mythology is pretty dope ;)
I wouldn't mind seeing one based on Superman, it would be 'Kryptocurrency'
@cryptodivision your honest assessment is a breath of fresh air in an industry far too often inundated by liars and crooks. Upvoted and followed. Wish you success and that you never compromise in the face of potential profit.
McAfee talks a lot of horsesh*t! I wouldn't believe a word that immoral shill says anymore. This is the same guy who said Ethereum would overtake Bitcoin. Ethereum is DEAD! 😁