Topic: John McAfee To Launch New Decentralized Exchange – McAfeeDex (Read 907 times)

Yeah for sure Craig Wright is the first Trader in his Exchange ,but that sounds cool because maybe Satoshi will come out to trade as well 😂
 

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But kidding aside?i don’t think  this is serious thing since there’s no reason why he will do such

I've read this complete (!) thread in one sitting. Have seen only one or two supporters of this new "DEX"
But the funny thing is - nobody talks about important things. Only about John's scammy past shitcoin predictions.
Which sure is bad.
But at the end of the day - DOES IT MATTERS much?
How one can scam or run away with your funds, if you use a DECENTRALIZED exchange???

The problem however is much different.
If somebody decides to name his creation "a decentralized" , it does NOT mean that thing automatically becomes DECENTRAZIZED.
Not at all.

True Decentralized exchange must have FOUR of its main, key elements decentralized.
Not one, not 2 or 3 - but ALL FOUR.
If not all four  - it is only a pseudo or partially decentralized exchange.

1-Storage of funds: Your funds remain in your wallet and are in your control throughout the entire trade process. There is no use colored coins or proxy tokens.
2-Order books: Orders broadcast directly from the trader and the order book is compiled locally instead of relying on a central order book service, which prevents front running.
3-Order matching: Orders are matched directly between traders. When one accepts another’s order, the exchange process automatically begins, and this is broadcasted over the inter-chain network.
4-Settlement: There is no involvement of a third part or intermediary when a trade takes place (unlike a centralized exchange). At the moment of the trade, an atomic swap automatically takes place, ensuring your funds are in your possession at all times and always under your control.

Have you ever wondered how many of theses 4 John McCafee has implemented?
Have you ever investigated if your praised IDEX or ETHERDELTA or BisQ has any

There are many DEX, really many of them today. Want to see em side-by-side?
http://j.mp/dexsidebyside


Or better yet - go and read more yourself
https://www.ccn.com/exchange-hackings-security-and-freedom-why-would-traditional-exchanges-embrace-a-decentralized-exchange

I even have published a post on steemit 2 years ago about DEX's
https://steemit.com/blocknet/@onealfa/crazy-list-of-dex
How many new appeared since then?

You never heard about Bisq?

Hahaha, I missed this news. In any case, this is a joke, however, I would advise John McAfee to stop in drugs because every story with the participation of this Bitcoin expert will make me laugh more and more

You know, I think even despite John McAfee's boundless popularity in the blockchain industry, his Dex project will not be able to compete with the flagship DEX exchange IDEX. Even the decentralized exchange from Binance is not on a par with it. What can we say about the exchange from John McAfee, the project of which is still only in the head of the famous IT specialist. However, if John does launch his DEX, it will be able to attract some audience only because of its popularity.

Anyone can add any coin to it as long as it's an ERC20 token but the thing is I try to load it but it never loads. Their server is either always jammed or too slow to execute any trades. I wonder if the server location is too remote to have me access the site properly. Unless he has competent DEVS helping him run the things he launches, they won't be successful. He needs to also make sure that the projects are of a high standard before he puts his name on anything, otherwise, people will think he is just out to make money from his name.

Really, so Roger Val has an exchange? I will love to have the link. Back to McAfee, where is the coin and ICO of the week. Many has lost substantial money through believing in his calls. Some invested heavily with the hope that he konw what he is saying. If he eventually open one, it will be a Dex of shit coins. 

The site looks like a typical scam to me. If I didn't know McAfee was part of it I would think it is one big scam exchange. Not going to trade anything on there...

Good choose name McAfeeDex exchange for remember with John McAffe exchange market, listed many altcoin kinds and easy for deposit and withdrawal I think McAfeeDex exchange will have many investor trading with John MaAfee exchange for the future, by the way have schedule and date time when McAfeeDex exchange launching to public and investor will take investing with this exchange? I want to invest if this exchange better with faster withdrawal and less fee.

he seems pretty drug-addled and possibly mentally ill. most of all he's just desperate for money. he'll attach his name to anything if the price is right---this piece of crap DEX is no different.

it's sad considering he reportedly sold mcafee (the company) for $100 million. did he spend all that money on drugs?

I thought first it could be a joke. It is a brave move for John McAfee. But I think that his decentralized exchange has low chance to succeed. There is so many people who don't care his actions. I think it will be hard to find many investors for his exchange.

Not only negative views, but people also love to make a joke on him! McAfee ruined his image badly by giving continuous fake and paid predictions, and he is not gonna get back that popularity ever again. This Mcafee Dex is another joke from him. To list a token you don't have to spend money but to get whitelist on that exchange, you have to send them 85 USD. Such a ridiculous system!

I understand McAfee's intention to jump into the crypto world. But name and reputation alone are not enough to build a successful exchanger. And we have seen a lot of DEX lose volume due to lack of liquidity. And of course, the DEX project is too mainstream. Unless, there are new things and new technologies that they offer there, maybe the story will be different.

I don't really know why you are that concerned about it, it is very simple, either you trade there or you don't trade there,  it is a decentralized exchange mate, how will he manipulate crypto community through it? Between aren't people always have concerns about centralized exchanges and kyc?  I just visited the dex exchange and I think it is really cool, plus less fees, let's see how things will work out.

we are now reading on the news about bitcoin, john mcAfee who is the founder of anti virus now wants to launch his own exchange for coin exchange i am not too happy with this news i am really worried about what is the purpose of john mcAfee launching his own exchange could be this is manipulation john mcAfee for the cryptocurrency user community.

Unless he can prove 50% of his predictions are correct and true or even closer, we can trust his decentralized exchange I'm a fan of decentralized exchanges, we must consider that he is a good shiller and crypto fanatics even saying thing that is out of this world, maybe he is holding a large volume of different coins that he wants to shill so he gets rich, the soonest possible.

No one in their normal state of mind trust this loser John McAfee anymore. He had a name and reputation. But that was many years back. All he is doing now is trying to survive using his name. And he has been quite successful with that. The ICO promotion business was very profitable for him. He was charging $105,000 for a single tweet promoting the ICOs and he made millions of USD using this route during 2017/18. Unfortunately for him, the ICO market got destroyed recently.  

As a result, now he is without a regular means of income. On top of that I heard that he is facing trouble from the American authorities, who are pursuing him on murder charges. He was recently arrested in the Dominican Republic along with his sidekick, but managed to bribe his way out of the prison before the Americans could get him. His current whereabouts are not known, and I don't know how he is going to operate this new exchange under such circumstances. Stay away from this "McAfeeDex" like plague.

I will wait for the next commercial from him how to remove mcafee from your pc, but this time completely cut off the tie from its root. And prepare to be slapped with all the kyc kys aml terrorist hacker in one full package with this dex.

Lol. And this guy did it again. I don't know what is going on in his mind😂
He is nothing more than a joke. He think people will trust him. After Verge bs he did to us.
He's a part of many scam projects and scammed a lot of people. And yet here he is. Looking for more victims. Just be careful. Have your own research about this guy John McAfee.

I was expecting something better but the article basically says that if the prices goes down, it's a shitcoin. Because their purpose is to make you rich, right?   According to this reasoning the entire market is made of shitcoins, better buy gold McAfee was paid to talk about new coins, but some are not even listed here, like verge. I don't think that stellar, dogecoin, reddcoin, electroneum are all shit. Tron ecosystem is working better than Ethereum, despite all the hate trends.