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Author Topic: John McAfee Says “Bitcoin under $9,500. If you are panicking, you are a fool”  (Read 728 times)
Jorge158
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September 06, 2019, 04:34:26 AM
 #81

Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?




Well, I'm not a fan of John Mcafee but I think he was right just that he was too harsh with his words. It is natural to panic with Bitcoin under $9500 but the panic should be well controlled in order not result in panic sales because Bitcoin always recovers. This year has been a great year for cryptocurrency market as compared to last year and investors must anticipate for the higher prices in Q4 2019.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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killat
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September 06, 2019, 06:12:38 AM
 #82

If McAfee would have ever been right, we would have been already millionaires, as he predicted many times Bitcoin will reach 1 million $.

This guy does nothing but taking advantage of his popularity and takes money to promote all kind of sh*t tokens or gives unrealistic predictions to be visualized by naive people hoping to get rich overnight.

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September 06, 2019, 08:58:28 AM
 #83

I think it's natural because they don't have a good trading base yet

I think that they do not have not only a good trading base but also experience in trading otherwise they would not panic
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