McAffee Effect

[Nefarious]

At this point I don't thank there are actually that many treating his word as gospel. It's just that it's now common knowledge that anything he mentions will pump & dump, so most try to follow his words closely to buy anything he mentions ASAP & ride the pump themselves. This in turn makes the pump & dump even bigger. As a poster said above, a self fulfilling prophecy.

[Maveth13]

The whole thing is like a huge public pump and dump group. Most people already know that those 'coin of the week' is just a random shitcoin that he probably had already bought. But still people try to ride that, because well, it's profit. It's stupid and very risky, but it works for fast traders.

[allanr]

He get paid doing it, so you stay away from whatever he tweet. He not promoting coin cause that coin have nice project or bright future, money talk here man. If you have 10 btc you can pay him to promote your coin too.

[Usui-Chan]

McAffee is a multimillionaire man who is a founder of a software and more, that is why people trust his "predictions". This scheme is actually helpful for him but I do not think that he knows too well the effect of this scheme of his to the market. People are actually gullible enough to aide his scheme.

[Tavarez]

The guy is just making effect on fools and horses    Few days ago he claimed that his twitter account was hacked. Comes with tons of speculations on daily basis and somewhere I am close to think that is payed to promote different ICOs.

[Fundalini]

Imo, I don't think there's a problem with that-- profit is profit. I can buy his coin of the week and still hold the coins I genuinely believed in--- so that is a win-win for me. But in all fairness, not all coin he mentions are totally crap.. :/

[Angelia46]

Perhaps because many people believe in Mcaffee, when many people buy a token in a short time, the price of this token will rise sharply.

[crush]

He is funny guy and hold a lot altcoin, try to pump his investment, actually no further effect for specific coin

[Apeshifter42]

I have checked and research who the heck is Mcafee I have found out that he has a lot of followers in twitter. In my opinion a person can easily create an effect because of the no. of followers he has.

[fallensky7]

People themselves have elevated him to the status of a prophet, and he enjoys it. Someone who earns on his predictions, someone loses. He is a rich man, and becomes even richer on fools. His head must be thought, and not blindly follow other people's advice ..

[Emilyp]

He's just using it to make profits for himself.  Everyone wants in and recognition on the cryptospace

[HTHP]

I think Mcaffee is paid for every review. Nothing is free in this market !!

[ahtremblay]

I dont believe this guy. Maybe he is just a whale so he use his effect to pump some coin he own. Dont see any interesting in his tweet

[rkrams]

Dont know the legitimacy of it but the guy was certainly hanging out with verge guys and then suddenly flip flops on it. Verge itself has some issues about how the wraith protocol is implemented.

That said quite a few coins he tweets are decent. Its always up to the individual  to do their own research before investing their own money.

[TheAlchemist]

I am cautious about his predictions. But guys, you will agree. All he says is straight as honey pours into the ears of most people. Everyone quickly buys everything he advises. He is a famous and influential person. And smart enough, because he ran a huge company.

[EvilPlague]

He tweets a coin and everyone is a sheep and buys that coin sending the price up. While he has a bag load of coins to unload at a higher price. Got to love him though.

[Felics]

He needs to be arrested for such pump and dumps. Its not good for the market

[Zahed.H]

I am cautious about his predictions. But guys, you will agree. All he says is straight as honey pours into the ears of most people. Everyone quickly buys everything he advises. He is a famous and influential person. And smart enough, because he ran a huge company.

and now he's using his position to make some big gains on random coins. not bad at all if you're the team behind the coin though!

[BivxiuDavi]

The numbers of people who know this guys use his famous to make money is really low, most people think his advice is true and follow it. That's normal in this world and he making bank with those fools.

[tinof]

I think McAffee is playing his own game. He is very influential and know it. He either makes a lot of money trading or is getting paid for promoting coins. Anyway I don't understand people  who believe in him and follow blind whatever he says.