Topic: John McAfee Says “Bitcoin under $9,500. If you are panicking, you are a fool” - page 2. (Read 823 times)
September 02, 2019, 05:58:22 AM
For once I agree with him, I really don't see any reason why people should be panicking after a slight dip in the value of what is one of the best investment commodities on the planet, just like every investment, there are ups and lows and this is a slight low and no need for major panicking, Bitcoin has made a comeback from much more than this.
September 02, 2019, 04:42:34 AM
John MacAfee says a lot of things but that doesn't mean he is true or his point is valid. I consider him as a funny guy who tries to get attention on twitter. Buying BTC is good below 9500 but don't buy it because he said. If you have a plan to buy it at 9500 then you have to execute your plan instead of paying attention to john.
September 02, 2019, 03:45:06 AM
yes they will only feel loss if the traders can not maintain their patience, if you are stuck in bitcoin when prices are expensive and you sell it then you will lose, you better wait until the price of bitcoin goes back up because the movement of bitcoin prices will go up and down and you must be able to take advantage of that moment to be able to get many benefits.
September 02, 2019, 03:01:40 AM
I try to make my own market analytics and I do not see the prerequisites for Bitcoin growth now. Perhaps Bakkt will help create a boost in prices, but this will be short-lived, and then the price will then go to the bear market. Because I think that you should not believe John McAfee, but you need to make your own decisions.
September 01, 2019, 05:58:42 PM
What's your take john mcafee's view?
I agree with him in a long-term "hodling" perspective; these dips/drops shouldn't matter if you're long-term bullish in the first place. In the short-mid term trader's perspective though? Maybe, maybe not. Bitcoin can definitely still drop far below $9500, and there might be a lot of buying opportunities at lower prices in my opinion. But at the same time, it's also possible(though unlikely in my opinion) that bitcoin wouldn't drop lower than $9000. In the end, it's all just proper risk control.
Ya that's right so need to stay calm and don't panicking dropingnof price of bitcoin into 9,500$ is opportunity again to buy bitcoin as long term investment.
We do not avoid risk if the panic just always think positive and grab the opportunity to buy if the price is drop slightly stay patience I believe after the 9,500$ drops bitcoin begin yo uprise and come again the real price.
If you are a long time crypto user and follower, panic is out of your system already. Because you have been in much worst situation and much much lower price level. You will just treat this situation as another opportunity to short trade or accumulate more btc for long-term investment. And so what McAfee said is really true in many ways. You know better as a crypto enthusiast.
September 01, 2019, 05:56:14 PM
What's your take john mcafee's view?
I agree with him in a long-term "hodling" perspective; these dips/drops shouldn't matter if you're long-term bullish in the first place. In the short-mid term trader's perspective though? Maybe, maybe not. Bitcoin can definitely still drop far below $9500, and there might be a lot of buying opportunities at lower prices in my opinion. But at the same time, it's also possible(though unlikely in my opinion) that bitcoin wouldn't drop lower than $9000. In the end, it's all just proper risk control.
Ya that's right so need to stay calm and don't panicking dropingnof price of bitcoin into 9,500$ is opportunity again to buy bitcoin as long term investment.
We do not avoid risk if the panic just always think positive and grab the opportunity to buy if the price is drop slightly stay patience I believe after the 9,500$ drops bitcoin begin yo uprise and come again the real price.
September 01, 2019, 04:30:37 PM
McAfee is a crackhead. 
September 01, 2019, 02:39:25 PM
John McAfee is one of the biggest shillers there is. The guy who literally said he would eat his own penis if Bitcoin does not reach $1 Million 
Anyone knows any good beverage that we can suggest to Mr. McAfee that goes well with dick?
Anyone knows any good beverage that we can suggest to Mr. McAfee that goes well with dick?
September 01, 2019, 01:48:18 PM
John was right by saying such, because one needs to look at bitcoin from the perspective point of view on long term, bitcoin price cannot go to a new all time high without a huge retracement.
Main looking at the chat of bitcoin right from 2011 it's clear on seeing lots of investors selling for quick bucks thinking that bitcoin price is gonna crash harder, some investors that bought at $10 above or below where happy to sell at $65, imagine holding till $20k , that's the courage that John is trying to inhibit to investor, to look at the long term future price,
but using an offensive word (fool) to butress his point is not a good idea, from such a reputable icon in the crypto space
Main looking at the chat of bitcoin right from 2011 it's clear on seeing lots of investors selling for quick bucks thinking that bitcoin price is gonna crash harder, some investors that bought at $10 above or below where happy to sell at $65, imagine holding till $20k , that's the courage that John is trying to inhibit to investor, to look at the long term future price,
but using an offensive word (fool) to butress his point is not a good idea, from such a reputable icon in the crypto space
September 01, 2019, 09:05:16 AM
Yes, that's true what he said, you don't need a soothsayer to tell you that there is no need to panic anytime btc dip in price because it will surely reverse back and go even more higher, only thing that you need is patience, just keep following the market movement when you can, no need to panic and sell at loss.
September 01, 2019, 07:50:15 AM
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool”
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
In my opinion, he is right in this position. So many reasons he seen at this price I think, Technically it's a strong point finding buy opportunity
September 01, 2019, 04:54:15 AM
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool”
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
John is mentally defective from over usage of illegal recreational drugs.
This is a man that claimed he would eat his dick on live TV, on 17 Jul 2017 if BTC price was not $500000 per coin in 3 years.
So on July 17, 2020, someone should hand him some pain killers and some salt,
because btc price is not going to even be close to his insane prediction.
He is utterly delusional, bitcoin adoption has been declining not increasing , LN still not ready, & new asics chips will be out,
all of these factors will lower BTC price for the foreseeable future not increase it.
BTC may drop back down to $3500 with the new chips.
(Bitmain will be mining with it months before they start selling new ASICS to the public.)
But after 5 months it turns out 5 numbers and not just that because closed to $20k means a hundred and more percent growth
So I believe that this man is totally bullish about bitcoin and what he more often says are good feeds towards bitcoin(though sometimes misleading ofcourse)but we must be thankful that still he’s consistency about positivities of crypto is there
September 01, 2019, 03:13:41 AM
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool”
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
They are not just fools, but a looser, after all their years of experience is cryptocurrency, I don’t think that by now, they should still be falling into trap of whales and allowing them to get caught in. As they are panicking to sell, whales re accumulating and preparing for the bigger explosion of bitcoin price that will happen within the space of 1 year.Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
The bull run time is almost here, so why should they then allow themselves to be used by whales, this would have even been the best time for them to start accumulating more, because bitcoin at $9000 would really be a very good buy for any investor that is really a business person and wants to make money in a short term. Imagine now that I buy bitcoin at $9000, and turns to be $11000 within that same month, is $2k profit bad to earn from crypto? When some people’s salaries are not even up to that.
September 01, 2019, 01:39:19 AM
What we do not need to panic now when lowering the price of bitcoin, we know that. This is a period of relative decline in business activity in all markets. Now, if in the fourth quarter the cryptocurrency market does not grow, then we will probably panic. Especially if this time altcoins will not grow in price after bitcoin.
I wonder if John McAfee continues to believe that bitcoin will still cost a million dollars anyway? When it is already clear that the next five to ten years and this is not necessary to dream.
I wonder if John McAfee continues to believe that bitcoin will still cost a million dollars anyway? When it is already clear that the next five to ten years and this is not necessary to dream.
September 01, 2019, 01:08:44 AM
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool”
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
Guess we all have to agree with him on this one. Finally, he says something meaningful. Bitcoin has already done 3x in price just in 2019 alone, judging from the last known all time low of around $3500-$3800. That's just to review the potential bitcoin has in it and we are still months away from the halving D-Day.
Bitcoin has proven itself time without numbers from past history of price movement but the new investors and some impatience old ones, don't seem to care about trusting in bitcoin and this lack of trust will backfired, guess that's what McAfee is just trying to say.
Normally whenever Mcafee has tweeted about Bitcoins the community has either disregarded it, or turned his tweets into memes but I have to admit this tweet actually makes sense. If you’re buying bitcoins then you need to hodl it for the long term, if you can’t handle the short term volatility then you should not buy it.
August 31, 2019, 09:29:40 PM
Bitcoin takes a small dive and everyone loses their heads and there is mayhem and looting everywhere xP
Too lead by emotions.
Just hold in there and relax. You can't always see the good times. There must be bad times. Think of what bitcoin has brought for us already? It is bound to drop in price every now and again.
I agree with him. Keeping a level head is always better.
Too lead by emotions.
Just hold in there and relax. You can't always see the good times. There must be bad times. Think of what bitcoin has brought for us already? It is bound to drop in price every now and again.
I agree with him. Keeping a level head is always better.
August 31, 2019, 01:05:16 PM
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool”
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
I think I will never be a fool to believe in McAfee's absurd claims. We all know that Bitcoin always has its real value, the price can fluctuate every minute, but it will still increase in the future. Every statement didn't stop Bitcoin from moving forward, and I kept holding Bitcoin until it reached the $ 20,000 mark. Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
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August 31, 2019, 12:49:21 PM
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool”
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
Guess we all have to agree with him on this one. Finally, he says something meaningful. Bitcoin has already done 3x in price just in 2019 alone, judging from the last known all time low of around $3500-$3800. That's just to review the potential bitcoin has in it and we are still months away from the halving D-Day.
Bitcoin has proven itself time without numbers from past history of price movement but the new investors and some impatience old ones, don't seem to care about trusting in bitcoin and this lack of trust will backfired, guess that's what McAfee is just trying to say.
August 31, 2019, 09:14:31 AM
Definitely agree into this since we knew that it's the best time to make more profits.
We should be more optimistic about bitcoin's ability to make the market green.
I always see some promotional statements about Bakkt, do you think it will literally surpass bitcoin?
Several altcoins already tried to be better than bitcoin but no one succeeds.
I still have faith in bitcoin even Bakkt was supported by popular companies.
We should be more optimistic about bitcoin's ability to make the market green.
It is necessary to hold Bitcoin, but not to buy. I am sure that the price will continue to fall for several more weeks until the launch of Bakkt.
I always see some promotional statements about Bakkt, do you think it will literally surpass bitcoin?
Several altcoins already tried to be better than bitcoin but no one succeeds.
I still have faith in bitcoin even Bakkt was supported by popular companies.
August 31, 2019, 12:48:25 AM
Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool”
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/
What's your take john mcafee's view?
John is mentally defective from over usage of illegal recreational drugs.
This is a man that claimed he would eat his dick on live TV, on 17 Jul 2017 if BTC price was not $500000 per coin in 3 years.
So on July 17, 2020, someone should hand him some pain killers and some salt,
because btc price is not going to even be close to his insane prediction.
He is utterly delusional...
Highly disagree. One could argue that Mcafee would not be where he is today if said illegal substances effected him in such a negative way. I can agree that his views are ambitious to say the very least, but that does not mean all of his views and opinions is wrong.
Dude claims to eat his dick on live TV and you think he is not acting in a negative way.
Maybe you're taking the same crap he is.
bitcoin adoption has been declining not increasing , LN still not ready, & new asics chips will be out,
all of these factors will lower BTC price for the foreseeable future not increase it.
BTC may drop back down to $3500 with the new chips.
all of these factors will lower BTC price for the foreseeable future not increase it.
BTC may drop back down to $3500 with the new chips.
Quite a laughable statement overall. Here's why...
Bitcoin adoption declining?
Yes Declining,
https://www.longhash.com/news/bitcoin-is-processing-fewer-payments-per-month-than-it-was-in-2016
& LN is stil not ready.
https://coinspice.io/news/btc-lightning-network-problems-18-months-away-from-being-solved-since-2015/
https://cointelegraph.com/news/australian-coder-warns-users-of-lightning-networks-vulnerabilities
Quote
Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that
“security issues have been found in various Lightning projects which could cause loss of funds.”
“security issues have been found in various Lightning projects which could cause loss of funds.”
Quote
On Aug. 30, Russell published a tweet urging LN nodes operators to update their software as soon as possible. According to the message, his warning concerns all versions of c-lightning prior to 0.7.1, lnd older than 0.7, and eclair up to version 0.3.
Finally, the miners...
Miners are notorious for going to great measures to ensure their profits never go into a long-term negative. History proves this with each bitcoin halving. This fact is a big part of what makes bitcoin & other mineable coins thrive heavily. New chips do nothing more than keep up with current difficulty, and once widely adopted becomes the norm in the industry. This is not new info, every other time mining tech has improved this statement holds up.
Miners are notorious for going to great measures to ensure their profits never go into a long-term negative. History proves this with each bitcoin halving. This fact is a big part of what makes bitcoin & other mineable coins thrive heavily. New chips do nothing more than keep up with current difficulty, and once widely adopted becomes the norm in the industry. This is not new info, every other time mining tech has improved this statement holds up.
History Proves that many miners go bankrupt at the halvings and only those with VC funding continue to the next round.
New chips lower the energy waste for a short time and allow new bitcoins to be created at a lower cost for ~year,
bitmain uses this to their advantage and shorts the market while they have the new chips before anyone else does.
This causes a price drop in BTC, and bitmain rakes in profits , and then starts on the next new chips for a rinse and repeat for the greater fools.
* The most profit tactics in bitcoin has not been mining,
but tricking venture capitalist dumbasses that have more fiat than sense to continue funding losing business models in the hope that one day they hit a windfall to cover all of those loses. Not gonna happen, just a bunch of asshats working hard to find bankruptcy.*
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