John McAfee will not promote ICO anymore

[kayvie]

it has a huge effect in the crypto world, john mcafee is a huge name that everyone knows. but I think, it is just for now, because, most the the ico's that is being promoted turned out to be scam.

[1715486285]

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[sjadn12912999]

Voices like that are hard to shut down. Like he said, he will return with a different solution. Estimations in crypto anyway defy logic due to its volatile unpredictability, so i think this shouldnt really be a setback to anyone.

[crypto_nd]

it is best he doesn't promote ICO there are too many shitcoin now, cryptocurrency is now a scam hive scammers making away with millions of dollar.  

[emmaeducatorxx]

I'm glad he did, of course, he want to save himself because some of these are scam project, and of course, he already made a lot of money and he wants to exist but I wonder what is this alternative he is mentioning not another investment scheme or mlm.

[123jznjx1892889]

personally, I think if He just made it for his security no more, no less and it is true that SEC threats are doing their things from him.
He's earned a million dollars with the ICO promotion he's done so far. So let's wait for what's going on next.

[bbcolex]

never liked the idea of mcafee promoting some ICO's in return of money, I would only invest and give trust to someone promoting such project for free. If money is involved i care less so mcafee is not a lost, and thankfully pump and dump will be lessen.

[Kunlejoe0]

This is good news. For the time been, the shillings and the hype will seize and the news worthy quality project will get proper attention they deserve. I think shillers and pumpers does nothing good for cryptocurrency ecosystem.

[losiva]

It is even better he quits the game because he is nothing but a king of pump and dump, a lot of people have lost their money because of his calling and the worst is that he is been paid for those calling, meaning they will buy a ton of coins and call it out and dump on people.

[nealdlover]

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?

He had a right direction, the scam ICO project is now a lot. If he continues to promote ICO projects, he will soon go to jail for a number of unreliable ICO projects. I think the SEC is working very well because ICO projects need to be strictly monitored. Investors will feel secure and invest.

[olamidey]

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?

I have always believed that John McAfee is being paid for some of his Twitter activities. Jumbing onboard any token without deep checks and research. To him, every ICO will moon and have been misleading some people. This will stop unnecessary pump and dumps in the crypto space.
We can now make right decisions without any paid tweets.

[duchaitp]

I appreciate this. I do not like the market trend being affected by his words. It is good for him not to promote the ICO.

[karthcrypt]

Well.. This is somewhat good.  And the reason for this I suppose would be Becsuse of regulation that is coming to cryptocurrency.  Many people that promote scam project will be sued and possibly prosecuted in regulated market.

[Ratio2112]

McAfee has promoted many undeserving projects and I believe that it is no longer very credible because he has no hesitation in putting off its promise after a day. Having said that, I agree with some of the things he said, such as the fact that privacy coins are thought and it will be difficult to stop them. I have chosen some projects that make privacy their long-term strength, so if there are stringent regulations their price should increase.
Most of them are microcap projects like DeepOnion, Cloak and Spectre. I'm following even Tangram, a private DAG, they seems really badass!

[luongkaren]

ICO projects with the support of celebrities like him will be known. He is an influential person, I think this is not good for ICO

[makladun]

personally, I think if He just made it for his security no more, no less and it is true that SEC threats are doing their things from him.
He's earned a million dollars with the ICO promotion he's done so far. So let's wait for what's going on next.

It is true, nobody having enough money would risk his reputation or getting in troubles with SEC from promotion. But I think such people would be also interested in market, so let's wait what he will do next.

[flyingcat]

For a long time, I have not had a proper sympathy with McAfee for predicting and promoting ICOs. He had predicted that the exchange rate would rise to $ 1 million by 2020 unless he would bite his penis. And now he says he will not work with ICOs anymore, which will help the cryptos market avoid a lot of exchange rate instability.

[Thai19]

I think the project is better than expected. and the ICO was successful. July 12 will be on the trading floor.

[needfix24]

McAfee has promoted many undeserving projects and I believe that it is no longer very credible because he has no hesitation in putting off its promise after a day. Having said that, I agree with some of the things he said, such as the fact that privacy coins are thought and it will be difficult to stop them. I have chosen some projects that make privacy their long-term strength, so if there are stringent regulations their price should increase.
Most of them are microcap projects like DeepOnion, Cloak and Spectre. I'm following even Tangram, a private DAG, they seems really badass!

Can't agree more to this, McAfee has such huge impact, especially for cryptocurrency projects. Promoting by him makes the project swings in value. I agree that privacy coins you mentioned here cant be stopped.

[bizul]

At some point, John started promoting every project thinking he was helping decentralization. I believe he noticed that this reduced the value of his recommendations and will soon support projects with real value. He promoted DeepOnion's new website but I'm not sure if it got good attention in the middle of all the altcoin hype. After hearing him speak in the last video, he put good emphasis on privacy coins. Decentralization and our privacy will give us our power back from the old corrupted banking system.

[IrReAr]

I believe that this is a tactical move by Mr. McAfee. Or a PR move. In any case, it is difficult for me to analyze his actions, but I am interested in watching the events.