John McAfee will not promote ICO anymore

[h4run]

Thre are many fake icos i see novadays which add his picture in team section

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[EzatorFI]

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
https://i.imgur.com/UQRWKcn.png
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.

[Transformbitz]

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.

[AIRDROPSQUAD]

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.

[terrific]

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.

[Ranly123]

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.

[oceantiger]

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.

[CodyAlfaridzi]

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.

[elemosho.crypto]

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.

[W2014]

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..

[Mpamaegbu]

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.

[FrueGreads]

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.

[xenomorphe1]

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.

[earnestoshodi]

Kind of sad,he is one big voice within the cryptosphere and has always championed the cause of crypt I currencies.

[Wayan_Pedjeng]

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.

[WalkerIVIV]

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.

[vastmast]

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

[thewolfinthewide222]

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.

[smyslov]

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.

[Lisa110386]

I think it's good that he no longer promotes ICO projects. His Twitter feed has turned into the trash, he advertises any of ICO. People were looking at his Twitter feed and buying all these shitcoins.