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Topic: John McAfee launches the McAfee Magic trading platform - page 2. (Read 888 times)

legendary
Activity: 2268
Merit: 18711
McAfee is best as crypto critic
He isn't though, because he lacks the impartiality to honestly critique a project. His view on any given project (be that an ICO, wallet, exchange, service, whatever) is directly proportional to how much that project is willing to pay him or how much money he can make out of it.

This current project looks like it took a couple of guys less than a week to build. If he can lure in a few subscribers, he'll make a profit. That's good enough for him.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
https://mcafeemagic.com

Would you trust this man with your dust?

It looks like it consolidates multiple exchanges into one interface.

You go first.
I wouldn't trust McAfee on something that regards cryptocurrency. It isn't because of his cunning and  endless FUDS on Bitcoin it's simply because I know he isn't going to succeed on this. The simple reason being that the best literary critics are people who failed woefully at becoming authors. McAfee is best as crypto critic, and not someone that can help advance it.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
Launching a service that most of the features doesnt work? And no matter what web pages you go, the site is horrible regarding to its UI.
Never been surprise from any work he's involve with, look bitfi, from the site to its HW design, seems he doesn't want a good looking service tho.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
A non-serious website is just actually showing on what is McCafee.
you mean mccafee is not a serious person and all of his statements are only a joke ? hmmmm . i think he did mean it  .

Newbie designed trading platform and i cant even believe that he do own that shit.
mccafee is a wealthy man and he can just buy a site or hire a developer to create his own website with a profesional look  and i dont think that he will waste his own time creating a website with a bad design  .
If he's serious on everything then that site wont really be looking as horrible as that.Just to ask,are you gonna believe on what he's doing and into all sorts of things that he do proclaim? All of the community will surely oppose on that.  Grin
legendary
Activity: 2268
Merit: 18711
The only thing i can see this being useful for is for "shady" individuals, who don't want to pass KYC on any of the 8 exchanges, and use "Magic macafee" to get around that?
Not possible. You still have to have your own personal account in each exchange you wish to access via mcafeemagic. You still have to go through each exchange's KYC procedures, and load up each exchange with however much bitcoin (or altcoin) you wish to use. All mcafeemagic does is collect APIs and allow you to use all your accounts from one (ugly) interface, and charge you $1,000 a year for the privilege.
legendary
Activity: 1946
Merit: 1427
He didn't even need to hire a developer, he could have bought a site that looks a thousand times better. Having made an account to test it out, the trading interface is similarly ugly and clunky, all the elements just thrown together in any old way. The design isn't just bad, it's awful. But honestly, I would completely overlook the bad design if the product underneath it was worthwhile, but it isn't. I wouldn't even be using this site if it was free - it certainly is not worth $1,000 a year.
Honestly, with a design and font that is this ugly -- i think most people wouldn't even care how good the product behind it is/was.

The only thing i can see this being useful for is for "shady" individuals, who don't want to pass KYC on any of the 8 exchanges, and use "Magic macafee" to get around that?
Although i kind of doubt that is possible, or a good longterm business model. (I assume they'll get their accounts disabled rather quickly?. but if not, for what would this exchange realistically be used?

I don't get it. Arbitraging? Really?
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I would like to first see how users will react to their security, if it is good then people will trust this exchange even if the owner has issues on his character  Cheesy

Problem is that the type of person who believes he's somewhat credible is an inexperienced nincompoop who'll run towards it until they get ravaged. No one with any experience will go anywhere near it.

I don't believe he's a thief but he certainly is a scatterbrained slipshod slacker with low to no standards and I can imagine this is going to have some gaping holes that turn up somewhere soon.
hero member
Activity: 2926
Merit: 567
https://mcafeemagic.com

Would you trust this man with your dust?

It looks like it consolidates multiple exchanges into one interface.

You go first.

I'll pass this one but will bookmark it and see how will turn out, we have so many exchanges in the market, many of them has loopholes and manipulating their market and no transparency, I would like to first see how users will react to their security, if it is good then people will trust this exchange even if the owner has issues on his character  Cheesy
legendary
Activity: 2170
Merit: 1427
Honestly, I don't blame him as much as I blame the people who trust him... He's been advertising/tweeting about services and coins since long and it always ends up badly for everyone but him so I don't understand why people are still listening to anything he says because he clearly only cares about his own benefit.

I think the main problem with people "trusting" him is that we're dealing with a continuous wave of new users who may have heard about him years ago and think he's a guru or something. That's also why there doesn't seem to be an end to all the noobs asking whether or not cloud mining is the right investment for them.

In both cases it concerns fraudsters, but hey, he's doing what he does the best and we can only continue to warn people about his shady practices.
legendary
Activity: 2268
Merit: 18711
Click here, and look at some of the pre-made website templates you can just buy off the shelf and plug your own text in to: https://duckduckgo.com/?q=website+template&iax=images&ia=images
Now go to https://mcafeemagic.com/ and tell me how that looks in comparison.

He didn't even need to hire a developer, he could have bought a site that looks a thousand times better. Having made an account to test it out, the trading interface is similarly ugly and clunky, all the elements just thrown together in any old way. The design isn't just bad, it's awful. But honestly, I would completely overlook the bad design if the product underneath it was worthwhile, but it isn't. I wouldn't even be using this site if it was free - it certainly is not worth $1,000 a year.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
mccafee is a wealthy man and he can just buy a site or hire a developer to create his own website with a profesional look  and i dont think that he will waste his own time creating a website with a bad design  .

But the evidence is sat on your face and farting on it - he came up with a silly, cruddy product. Not that he had anything to do with it other than adding his name.

If I were him I'd at least attempt to knuckle down to come up with at least one or two viable contributions to give myself some ongoing mileage but he's a near 74 yr old on obscure designer drugs 24/7. He won't care about anything any more.

full member
Activity: 714
Merit: 114
A non-serious website is just actually showing on what is McCafee.
you mean mccafee is not a serious person and all of his statements are only a joke ? hmmmm . i think he did mean it  .

Newbie designed trading platform and i cant even believe that he do own that shit.
mccafee is a wealthy man and he can just buy a site or hire a developer to create his own website with a profesional look  and i dont think that he will waste his own time creating a website with a bad design  .
legendary
Activity: 2268
Merit: 18711
Their website also missing few important pages such as About, Contact Us and Legal, mobile support isn't exist.
That's a good point actually, which I missed on my brief poke about their website.

I dug a bit deeper and made an account using a burner email, and as you say, there is a complete lack of any legal policies or technical details whatsoever. You can deposit Ethereum, which you need to to pay for one of their memberships, but if you click on the withdraw option, it gives you a pop up box that just says "Coming Soon". I tried to use their "Practice" page, but every order I made other than market orders just sat there unfulfilled, regardless of price, volume, movement, etc. The "Shadow Portal" is met with the same "Coming Soon" pop up. No details about how they store any funds you deposit, your personal details, anything.

Honestly, seems like a half finished project made by a bunch of brand new developers.
legendary
Activity: 3122
Merit: 1140
According to him the site has been hacked, Lol.
Haha, you expect nothing and he manages to fall short. Amazing.

Since it's finally now up and running, I've had a bit of a poke about. Even ignoring the '90s Geocities template feel to it and the spelling and grammar mistakes throughout, it looks horrendous. The fee is $100 a year for a basic account, which also charges $1 PER TRADE, or $1,000 a year for an "All Inclusive" account to let you make "free" trades. Bear in mind that all it is doing is collecting APIs from various exchanges in to one place, so on top of that, you will still be paying the individual exchange's trading fees. You are essentially paying $1,000 a year to save you from having to open two or three windows at a time.
What a revolutionary platform he do have here. (Sarcasm inserted). $1000/year or simply  $2.7 daily for 365 days

Why would someone need to pay it up? Opening windows one at a time not costing too much effort.
Poorly designed site without having some realistic use is pure garbage.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
The website is clearly terribly made, It was done with a minimum effort with clearly no front end developer.

Even back-end developer or beginner can do better by grab MIT-licensed web template.

Their website also missing few important pages such as About, Contact Us and Legal, mobile support isn't exist. I have serious doubt about security of their websites/server
staff
Activity: 3500
Merit: 6152
The website is clearly terribly made, It was done with a minimum effort with clearly no front end developer. And is this meant to be something similar to Coinigy? Honestly, I don't blame him as much as I blame the people who trust him... He's been advertising/tweeting about services and coins since long and it always ends up badly for everyone but him so I don't understand why people are still listening to anything he says because he clearly only cares about his own benefit.
legendary
Activity: 2268
Merit: 18711
According to him the site has been hacked, Lol.
Haha, you expect nothing and he manages to fall short. Amazing.

Since it's finally now up and running, I've had a bit of a poke about. Even ignoring the '90s Geocities template feel to it and the spelling and grammar mistakes throughout, it looks horrendous. The fee is $100 a year for a basic account, which also charges $1 PER TRADE, or $1,000 a year for an "All Inclusive" account to let you make "free" trades. Bear in mind that all it is doing is collecting APIs from various exchanges in to one place, so on top of that, you will still be paying the individual exchange's trading fees. You are essentially paying $1,000 a year to save you from having to open two or three windows at a time.
hero member
Activity: 2842
Merit: 772
The website is down for me too, but even it goes online again I'll stay away, I don't consider him trustworthy enough to run anything more than an altcoin bounty campaign...

https://twitter.com/officialmcafee/status/1138948603232305153

According to him the site has been hacked, Lol.

But I don't know if this is true or not, we all know how good John is for shilling and hyping anything. So I doubt his hack scenario. Anyways, I'm with the community here, he is not to be trusted because his personality is shady as f**k.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
No doubt this will end the same way. If there are any serious people behind this exchange, they will migrate it to a new name and a new URL when it inevitably fails because no one with any sense will touch anything with McAfee's name on it.

Not to mention that the government might pursue after platforms/companies that McAfee is affiliated with, if ever he gets caught. I checked the Apollo project's team page, and McAfee isn't in it, even though McAfee is supposed to be their chairman. It's the right move though, if they don't want the government on their asses.
legendary
Activity: 2268
Merit: 18711
Seems like he's actively promoting 'his' exchange on Twitter.
He did this with the Bitfi wallet too. Promoted it all over Twitter, Facebook, etc., as "his" unhackable wallet, personally challenged hackers to attack it, said he was using it for all his coins, testimonials from him on the website, the full works. Seems like he has since moved on, and who ever has been left in charge of Bitfi, likely trying to recuperate some of the losses, is now trying to distance themselves from him as much as possible. Their FAQ even says the whole thing was just a media lie, which is laughable when the tweets from McAfee still exist and can be read by anyone.

No doubt this will end the same way. If there are any serious people behind this exchange, they will migrate it to a new name and a new URL when it inevitably fails because no one with any sense will touch anything with McAfee's name on it.
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