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Topic: John McAfee will not promote ICO anymore - page 6. (Read 641 times)

newbie
Activity: 98
Merit: 0
That's just the best thing. Most of the ICOs McAfee promoted turned out to be scam. I believe they pay him for such promotion and at the end, after gaining much buyers, they dump those coins on people and run away. Transcodium is a perfect example of what I'm saying.
full member
Activity: 378
Merit: 100
ARIZN - Tokenised Crowdfunding Platform
Good news for many investors. The tweet that this guy threw was causing huge speculation and many people were making risky investments. Could cause many unexperienced people to lose all the money they had. But thanks to this man the experienced investors were gaining huge amounts of money Smiley
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
John McAfee is one of the cryto-celebrity nowadays, as we saw few months ago. John McAfee keep promoting some ICO before and have also personal analysis about different coins before.
Now, based on his tweet: https://twitter.com/officialmcafee/status/1008957156819914752

He will not promote anymore because of SEC threats.

For my own opinion, it is good. Because it will avoid pump and dump, and the decentralization feature of cryptocurrency will remain, no one can manipulate or control the price of each coin.

Any ideas guys? It is better decision? What are your thoughts?

It's really good and remember mcafee has been promoting so many crap icos for money. A lot of mcafee's followers were feeling sad about that. But that will make the market will be so healthy again asap. It's a better decision. I have no problem about that and i hope that will be so long.
sr. member
Activity: 913
Merit: 252
Most of the ICOs he promoted turned out to be either scams or failures and a lot of people lost their money invested in them. If the SEC takes any action against McAfee, then I am going to support them. And don't forget the fact that this guy initially opposed the concept of crypto-currency before making an u-turn.
newbie
Activity: 75
Merit: 0
Kind of sad,he is one big voice within the cryptosphere and has always championed the cause of crypt I currencies.
full member
Activity: 798
Merit: 103
This is a good decision. But pump groups still exist and they will still do pump and dump schemes. But at least they won't put all the blame on John McAfee.
legendary
Activity: 1582
Merit: 1059
Well I guess that is probably better this way. The problem is that most of these promotion happen simply because these guys get pay to say those things. It's almost like TV commercials, that we all know that some of the things promised there are far from truth, of that the stars promoting is probably don't even use those products. We accept that kind of behavior on commercials, but we shouldn't accept it on ICOs and investment options. For that reason, I'm ok with what SEC is doing, and it's better to not allow this type of propaganda.

The problem is that this affects both good and bad projects, and that's why I think better measures need to take place for the long run, and for the good development of crypto.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
For my own opinion, it is good. Because it will avoid pump and dump, and the decentralization feature of cryptocurrency will remain, no one can manipulate or control the price of each coin.
I never liked McAfee for his siding with certain ICOs and making a maddening crowd for them. I would love a situation where his wings are clipped like he is alleging now. But in that same letter, McAfee is also alleging that those who participate in ICOs should be ready to face arrest. This is certainly not healthy for cryptocurrency. Yes, I believe ICOs are mostly scams but I believe those who buy into it should be allowed to bear the consequences of their own risk, and not to arrest them.
member
Activity: 205
Merit: 10
John McAfee is one of the cryto-celebrity nowadays, as we saw few months ago. John McAfee keep promoting some ICO before and have also personal analysis about different coins before.
Now, based on his tweet: https://twitter.com/officialmcafee/status/1008957156819914752

He will not promote anymore because of SEC threats.

For my own opinion, it is good. Because it will avoid pump and dump, and the decentralization feature of cryptocurrency will remain, no one can manipulate or control the price of each coin.

Any ideas guys? It is better decision? What are your thoughts?

And what about ICOs which successfully ended? Past ICOs also could be destroyed by SEC? I am very afraid about this option..
newbie
Activity: 112
Merit: 0
This is not a good decision taken by John McAfee. Crowd funding would be stuck due to this decision. However, a way forward will be created for which the objective of ICOs will be meet up. So let's hope and wait fr the new creation.
hero member
Activity: 1708
Merit: 541
Any ideas guys? It is better decision? What are your thoughts? [/size]
Yeah, good thing. All he does is making himself rich. He is not helping the community in any sense. He's pumping and dumping with his coin of the day scam. Get paid as an ICO advisor when he's not even a real expert in this field. He's just taking advantage of people who fell for this ICO hype.
jr. member
Activity: 308
Merit: 8
This is good news as the loss of fund will reduced as only legitimate project that are sure of themselves will dare appear for promotion. So all those who have been claiming to be backed by McAfee  will  now disappear and end their scamming games.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
John McAfee is one of the cryto-celebrity nowadays, as we saw few months ago. John McAfee keep promoting some ICO before and have also personal analysis about different coins before.
Now, based on his tweet: https://twitter.com/officialmcafee/status/1008957156819914752

He will not promote anymore because of SEC threats.

For my own opinion, it is good. Because it will avoid pump and dump, and the decentralization feature of cryptocurrency will remain, no one can manipulate or control the price of each coin.

Any ideas guys? It is better decision? What are your thoughts?


From US, it would be difficult for them to do ICO but because their government think that there is no good doing crypto. That is why some ICO does the KYC to prevent US citizens from joining their project because it would be charged by the US government.
hero member
Activity: 2268
Merit: 507
Catalog Websites
It is a better decision for him and much better if he will not let himself to be part of any advertising/marketing that aims to shill that way.

Thre are many fake icos i see novadays which add his picture in team section
That's how popular he is and these ICOs are using his name and picture and will say that they are being advertised by McAfee.
I also doubt it that he is even reading the whitepapers of those ICOs before because he's getting easy bucks for his few words and by simply tweeting it.
member
Activity: 252
Merit: 11
PLAYHALL - SKILL GAMING PLATFORM
John McAfee is one of the cryto-celebrity nowadays, as we saw few months ago. John McAfee keep promoting some ICO before and have also personal analysis about different coins before.
Now, based on his tweet: https://twitter.com/officialmcafee/status/1008957156819914752

He will not promote anymore because of SEC threats.

For my own opinion, it is good. Because it will avoid pump and dump, and the decentralization feature of cryptocurrency will remain, no one can manipulate or control the price of each coin.

Any ideas guys? It is better decision? What are your thoughts?


Yeah, this is a good news for us. I saw several ICO which promoted by John was not succeed.
For example, Bobs repair, Knowledge, and Sether.
full member
Activity: 434
Merit: 101
That's nice, However their will be consequence about the ICO about he promoted! i'm sure there will be other way around to make ICO great again. Let's just hope McAfee will hype altcoins all over the social media network- particularly on Newspaper, TV or even radio networks.
newbie
Activity: 113
Merit: 0
John McAfee is one of the cryto-celebrity nowadays, as we saw few months ago. John McAfee keep promoting some ICO before and have also personal analysis about different coins before.
Now, based on his tweet: https://twitter.com/officialmcafee/status/1008957156819914752

He will not promote anymore because of SEC threats.

For my own opinion, it is good. Because it will avoid pump and dump, and the decentralization feature of cryptocurrency will remain, no one can manipulate or control the price of each coin.

Any ideas guys? It is better decision? What are your thoughts?

Of course it's good. John McAfee used his opinion only to make money. And I personally know a lot of people who lost money because of its "forecasts." He got off very easily.
newbie
Activity: 43
Merit: 0
Thre are many fake icos i see novadays which add his picture in team section
jr. member
Activity: 182
Merit: 8
That's refreshing to hear. I've never liked him to be honest. For someone with such a huge amount of followers and therefore influence, it's better that he sticks to some other stuff.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
this can act as a warning to all the ICO nuts who are not aware of the illegal activities they are getting involved with. we may see a much fiercer ban hammer on ICOs in US from SEC this year specially since many other countries have been so strict about ICOs and have been banning them.
i think John McAfee realized this and got out when he could before he got caught in some sort of lawsuit and were imprisoned.
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