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Author Topic: John McAfee To Launch New Decentralized Exchange – McAfeeDex  (Read 857 times)
Prateek_sharma (OP)
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October 04, 2019, 01:36:59 PM
Merited by OgNasty (1)
 #1

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?
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October 04, 2019, 01:40:59 PM
 #2

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

It's a joke. Don't waste time on it. I hope that he didn't use his own security knowledge on that DEX or else many user will gonna be fck up. But that will be gonna be a hit exchange since its gonna be McAfee certified dex.  Cheesy

This article might enlighten you: https://medium.com/@mariochamorro/john-mcafee-crypto-recommendations-were-total-bullshit-let-s-see-the-numbers-2c59e88b64f5

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October 04, 2019, 02:13:23 PM
 #3

Foo is going to launch Bar means Bar is not decentralized! in this case an idiot who doesn't know anything about cryptocurrencies launching something that requires a lot of knowledge of the topic is not only going to be centralized but also shitty. he will probably run an ICO and raise scam some money from idiots.

crypto expert john mcafee
LOL, what's next? CSW is satoshi? Cheesy

There is a FOMO brewing...
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October 04, 2019, 02:14:27 PM
 #4

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

It's a joke. Don't waste time on it. I hope that he didn't use his own security knowledge on that DEX or else many user will gonna be fck up. But that will be gonna be a hit exchange since its gonna be McAfee certified dex.  Cheesy

This article might enlighten you: https://medium.com/@mariochamorro/john-mcafee-crypto-recommendations-were-total-bullshit-let-s-see-the-numbers-2c59e88b64f5
Dare the devil and its exchange. He could be voice for cryptocurrency anywhere but its damaging record in ICO is so high. I hope I wont be stalk with any coin to his exchange. DEX poses to be secure than centralized exchanges, I also think this could be the distracting factor for the DEX choice, lets be reminded that Roger var also has an exchange but with fewer users, we might need to be careful
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October 04, 2019, 02:29:37 PM
 #5

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

Personally, am not seeing him succeeding on this agenda because, he has used us and fooled us several times in this industry. He claimed to be Satoshi and fork Bitcoin with shit coins. I was a diehard fan of John .M until i invested the coins he promoted and dumped. Also, as a betrayal, he should not get anybody attention at this junction of his life. For those who actually still believe on him should be very careful of this exchange which he's about to launch.

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October 04, 2019, 03:10:03 PM
 #6

I don't know but I think McAfee already lost his name in crypto industry.
I think only few believers would really take him seriously but most of us see him as a big joke in crypto community,
He has been destroying his name by making some prediction and most of those who believe him have lost some money for sure.

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October 04, 2019, 04:25:32 PM
 #7

Well.. it is just another so called "decentralized" exchange in a bunch of others. I haven't seen true adoption of any DEX until now though. The volume is kind of low on the biggest DEXes I know like IDEX or DDEX. Also I haven't seen DEX with leverage option so far.. Or maybe the lack of profit for the creators don't let them put more money into marketing.
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October 04, 2019, 04:29:51 PM
 #8

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

What's your take on this?

Good lord, the guy is back at it again and this time with a decentralized exchange? The last time I heard, he had been taken into a CIA safe house and was interrogated for his connections and involvement in things beyond his reach.
Either ways, the words coming from this guy should be treated as seriously as his altcoin predictions - just don't listen to the goddamn guy.
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October 04, 2019, 04:30:46 PM
 #9

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

What's your take on this?

If McAfee is involved, i don't want to be close to it. There are other DEX and true DEX out there. Oh an expect his own coin/token in it too! lol. This person, really... Always wanting attention.

He is not popular, just... infamous, which is not quite the same thing. He is full of outrageous claims, all the time, concerning crypto. And for a price, he is more than willing to keep making them. How could a person of this caliber handle something so serious? I don't want to know.

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October 04, 2019, 04:40:03 PM
 #10

Well.. it is just another so called "decentralized" exchange in a bunch of others. I haven't seen true adoption of any DEX until now though. The volume is kind of low on the biggest DEXes I know like IDEX or DDEX. Also I haven't seen DEX with leverage option so far.. Or maybe the lack of profit for the creators don't let them put more money into marketing.

We have a flood of exchanges and there is no need for that at all. Are they still so profitable? What this so called decentralized exchange should actually be? And when McAffee actually become so prominent Bitcoin expert? I don't think we need that.

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October 04, 2019, 04:40:18 PM
 #11

Gone are the glory days of John McAfee being an advocate of crypto and a voice that we should listen to. The dude has gone from a normal guy wanting the betterment of all things crypto up until he became a greedy scum that only wants money and nothing more. Just like some of his ventures in the past concerning crypto, I don't think McAfeeDex would even be taken seriously by a lot of traders. Heck, take Bakkt for instance. The amount of hype generated never matched the current trading scenario in that said platform.

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October 04, 2019, 04:41:10 PM
 #12

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?


I don't see any significant change this will introduce into the crypto ecosystem. This decentralized exchange will be no different from the already existing decentralized exchange platform  in the crypto space.
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October 04, 2019, 04:48:33 PM
 #13

Well.. it is just another so called "decentralized" exchange in a bunch of others. I haven't seen true adoption of any DEX until now though. The volume is kind of low on the biggest DEXes I know like IDEX or DDEX. Also I haven't seen DEX with leverage option so far.. Or maybe the lack of profit for the creators don't let them put more money into marketing.

We have a flood of exchanges and there is no need for that at all. Are they still so profitable? What this so called decentralized exchange should actually be? And when McAffee actually become so prominent Bitcoin expert? I don't think we need that.

Actually low volume exchanges are prone to many problems, and manipulation. Which is a catch 22 thing... A new DEX would alone face this issue, without having an (in)famous name tagged to it. Of course, being intermediary is all about collecting fees, there is money to be made.

The likes of Bisq are the closest to a true concept of DEX, Free and Open Source software based on Tor, and yes nobody promotes it. Too bad it was written in Java.

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October 04, 2019, 06:43:25 PM
 #14

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

First, John McAfee is not a crypto expert, he is more of a crypto influencer. Although we appreciate what he did to the us by having its famous McAfee anti-virus, he is no way consider a expert in crypto sphere.

Second, We have so many DEX already so I don't know what else can be bring to the market that we haven't seen. Isn't he also made https://mcafeemagic.com? Never heard anything about after it has been released? So this is another stunt being pulled by John here so I hope that no one will fall for his trick anymore.

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October 04, 2019, 07:01:37 PM
 #15

I haven't seen a single "decentralized exchange" yet. All of them run on altcoins, which to begin with, it's risky to assume that they have any levels of decentralization enough to survive the attack of an entity of global attacker status, or even worse, smaller entities in coordination with enough horsepower to f*ck you up.

Once again, this McAfeeDex thing is "backed by the Ethereum blockchain". Did people forget about this?

https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

I wouldn't trust any of this. If authorities wanted, I would bet they can end those "decentralized" exchanges.

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October 04, 2019, 07:04:21 PM
Last edit: October 04, 2019, 08:17:49 PM by boltz
 #16

John McAfee has become a meme lately so I don't know how anyone could trust him anymore. Also that is a joke right ? Because if its not, guess who is gonna run away with your coins ? Yep , the one and only John McAfee.

Besides this, a decentralized exchange from a guy like him ? yea sure, if that launches it will be a scam exchange most likely so just stay away from what McAfee says as last week was dogecoin and this week is a decentralize exchange. I wonder what is coming next ? Bitcoin 2.0 made by him ? Give me a break.

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October 04, 2019, 07:12:09 PM
 #17

Whether he just got enlightenment? Roll Eyes

to be honest.. I'm not interested in this exchanges because the name of his exchange is bad and the new exchange is not very interesting for me because of the transactions made there still low.

At best, he will clone one of DEX which is open source and change the name of the DEX.
right.. maybe he took one from the github "lol"

First, John McAfee is not a crypto expert, he is more of a crypto influencer. Although we appreciate what he did to the us by having its famous McAfee anti-virus, he is no way consider a expert in crypto sphere.
John is a security system expert..  he is an Advisor & influencer.  HACKEN is one of the successful ICO projects that made John as their Advisor. cmiiw

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October 04, 2019, 08:34:25 PM
 #18

What became of McAfee Magic? Why does everything he do beyond Twitter prostitution stink of slapdash disaster? I think he must recruit whoever he's doing lines with that day and gives them a couple of hours to throw something together.

Not that someone that age in that condition cares, but if he wants to sustain at all he should consider actually delivering at some point.
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October 04, 2019, 08:58:03 PM
 #19

WTF Really? What was he planning on doing? Will he take money from projects again and scam hype? I can't stand this man's madness. McAfee is away from me, close to God, please. DEXs are reliable, but you're not. Would you please cut your penis and eat it?

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October 04, 2019, 09:02:14 PM
Merited by gentlemand (1)
 #20

I haven't seen a single "decentralized exchange" yet. All of them run on altcoins, which to begin with, it's risky to assume that they have any levels of decentralization enough to survive the attack of an entity of global attacker status, or even worse, smaller entities in coordination with enough horsepower to f*ck you up.

Once again, this McAfeeDex thing is "backed by the Ethereum blockchain". Did people forget about this?

I wouldn't trust any of this. If authorities wanted, I would bet they can end those "decentralized" exchanges.

A true decentralized exchange cannot be shutdown by authorities. I mentioned one, maybe there are more, i don't know. To use that one, you become a node for the time you are using it, that node runs in the Tor network, not the clear internet, so you cannot be identified unless you yourself want to reveal personal info, which is a problem when it involves fiat.

True DEX is like Bitcoin, decentralized, p2p. Most "DEX" simply let you bring your own wallet instead of being forced to use theirs, which is why they are not truly decentralized as they claim.

It is also technically possible to exchange some coins directly, ie. Bitcoin with Litecoin, directly within wallets, after they both adopted segwit. This i have yet to see in practice, but its theoretically possible, just needs wallet support. So intermediaries like McAfee wouldn't be needed at all.

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October 04, 2019, 10:31:16 PM
 #21

I know he have knowledge of McAfee security, but I don't like the way he do things about cryptocurrencies
I won't believe or trust in this exchange and I think a lot of people will do the same

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October 05, 2019, 02:39:22 AM
 #22

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

The crypto space does not really need another decentralized exchange platform. This platform will not really bring any improvement to the adoption of cryptocurrency into the mainstream financial ecosystem. He should rather create a platform that will help people understand cryptocurrency and how it will help introduce financial freedom to everybody.
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October 05, 2019, 03:03:05 AM
 #23

A true decentralized exchange cannot be shutdown by authorities. I mentioned one, maybe there are more, i don't know.
Tor sessions/traffic etc is detectable and thus authorities could have ISPs ban it if they really want to and/or filter for the DEX traffic specifically and ban that. I've never understood why people can't see that sort of thing. Without being able to use the internet, crypto is dead. It's just a matter if governments etc want to stomp it out or co-opt it. I think it should be clear that they're going to co-opt it. It's getting harder and harder to buy/sell crypto without the "control" of the governments via KYC for example. At some point governments will probably come out with their own crypto with all the regulation and guarantees people want for their money and the masses will flood to it. And of course the governments would want that so they can see every single thing you buy/sell. And yes, I do understand that there will still be people on the fringe trying to keep these sorts of things going.

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October 05, 2019, 03:06:52 AM
 #24

The crypto space does not really need another decentralized exchange platform. This platform will not really bring any improvement to the adoption of cryptocurrency into the mainstream financial ecosystem. He should rather create a platform that will help people understand cryptocurrency and how it will help introduce financial freedom to everybody.

This is for me just another shit dex platform running on ethereum. Nothing is new and we can expect nothing more than what already existed right now. I agree that he, or any influencers need to create platform to share knowledge about crypto, instead of playing on their own circles and make money from it.

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October 05, 2019, 05:07:47 AM
 #25

first of all making lots of random bullshit statements about bitcoin price doesn't make someone an expert about bitcoin or as you put it "a crypto expert". secondly we already have some good decentralized exchange projects that are open source, free and working well. if anyone wanted to contribute they would have done it with those projects instead of creating a new one. i smell another shitty centralized one that starts by raising funds and then dies after a couple of months.

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October 05, 2019, 05:24:09 AM
 #26

Be quiet with John McAffe because is not trusted person, maybe you can take moment about what kind coin he promote, but you have sell soon as possible to take less risk and get profit.
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October 05, 2019, 05:24:12 AM
 #27

I am just waiting for him to come out in the world and then say * My exchange is better than this - this - this *
I think this is just ridiculous to have so many exchanges , one could just go and help with the existing ones , but then again no one knows what he is planning.. maybe it is going to be a breakthrough , then again we would have more exchanges and a wide variety of things to choose from .
I think it's more or so a good thing , for us , if that turns out to be a stable exchange with benefits for the people.

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October 05, 2019, 06:19:19 AM
 #28

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

This guy is on the run from the US law enforcement agencies (on murder charges, if I am not wrong), and in the meantime he has time for all these grand ideas (DEX exchange, US presidential run on 2020.etc). You can make of all the grand ideas that he dished out during the last 2-3 years. I really doubt whether he was able to realize even 1% of them. This idea of the DEX site will go down like the scam ICOs which he supported during 2017/18. No one is contacting him now to promote the ICO projects and therefore he has come out with new drama to grab some attention. 
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October 05, 2019, 07:00:03 AM
 #29

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

To be perfectly honest, I can't take anything McAfee does seriously anymore. I can't decide if he is just trolling or he legitimately believes in what he is doing, but he is definitely too weird and unstable to be trusted about anything at this point.

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October 05, 2019, 07:42:52 AM
 #30

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

God, this loser tries really hard to stay relevant. At least his shenanigans provides us with plenty of lulz 😂😂

Fuck him and fuck his stupid exchange that will probably close as soon as he makes a quick money grab.
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October 05, 2019, 08:44:32 AM
 #31

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.
What's your take on this?
If John McAfee comes up with something that will help the BTCitcoin community then i am sure everyone will support his venture, rather than his usual banter about eating his own dick if the price does not goes up and not promoting scam coins it is a change in his dialogue that he is coming up with a decentralized exchange.

Code:
Any eth based token can be added instantly and free  
I am waiting for this exchange to be launched so that i can create a new coin and list in that exchange for fun  Cheesy.
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October 05, 2019, 09:37:08 AM
 #32

this industry is not by the nae anymore but it will be nice if he really wish to do it but i pray he get most expert that would not compromise the system for him has he has a name to protect but he also support some token back then and they are mostly nowhere to be found now but every one has their blood on their choice as any advice has disclaimer which will also go for him dex if evetually launch.

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October 05, 2019, 10:08:15 AM
 #33

Code:
Any eth based token can be added instantly and free  
I am waiting for this exchange to be launched so that i can create a new coin and list in that exchange for fun  Cheesy.
This gonna be good. Already can imagine the explosion of ANN threads...
Like a new beginning but I don't think it will matter all that much. If anything happens, it will be the trust for eth network plummet.
Some order will eventually re-emerge but it will be nothing new, nothing we don't know by now. Still interesting proposition though.
Despite that fact, it will never get me convinced to ethereum, maybe even quite the opposite.
Let's wait and see, this man is not the most reliable source of information, something is probably overhyped already. 

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October 05, 2019, 10:33:43 AM
 #34

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?
Complete waste of time and money in my opinion, Mcafee is not a very trustworthy, as we've seen from his past with the shady ICO's he got involved in.

It seems like most of his ventures/partnerships are just things or services that won't benefit the community at all, it's all just profit-based, and not good for the community at all.

Anyway, I can't wait to create a 20 dollar random ETH coin and list it on the Mcafee exchange, haha.

Smiley
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October 05, 2019, 10:59:23 AM
 #35

Like a new beginning but I don't think it will matter all that much. If anything happens, it will be the trust for eth network plummet.
When ETH was introduced as a token creation platform i thought it will revolutionize the entire industry but things were far from that as the scammers took over the entire token creation platform and billions are scammed using it and who really does trust the ETH platform and their dictatorship policy of making  roll backs without consent and so forth and hence their trust is gone a long time.
It does not matter if anyone come up with their version of a decentralized exchange, but all we need is better interface and security.
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October 05, 2019, 11:16:50 AM
 #36

A true decentralized exchange cannot be shutdown by authorities.

Vastly more likely, the hosting or domain will be hacked which has already happened. These places should bill themselves as non custodial and no further than that. They're certainly not properly decentralised.
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October 05, 2019, 11:24:39 AM
 #37

John is a security system expert..  he is an Advisor & influencer.  HACKEN is one of the successful ICO projects that made John as their Advisor. cmiiw

Here you go:


Volume (24h) $1,115 USD
Everything that this guy touches will turn to be a failure.

i smell another shitty centralized one that starts by raising funds and then dies after a couple of months.

I don't think any sane person believes for real this "project" will have a different outcome.
First everyone wanted their coin, then their token, now their own exchange, wonder what's next...




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October 05, 2019, 11:56:11 AM
 #38

Many people don't seem to be interested in John McAfee's ideas. They now consider this more of a joke and not a big project. dex exchange allows anyone to register their coins for free even if it's not valuable. I am not sure after this they will be able to survive together with a series of other dex exchanges.
I think it will be a storage place for a number of shitcoins in the future, hopefully I'm wrong.

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October 05, 2019, 01:06:39 PM
 #39

Many people don't seem to be interested in John McAfee's ideas. They now consider this more of a joke and not a big project. dex exchange allows anyone to register their coins for free even if it's not valuable. I am not sure after this they will be able to survive together with a series of other dex exchanges.
I think it will be a storage place for a number of shitcoins in the future, hopefully I'm wrong.

A few years back, he used to command a lot of respect in the market. And he lost that respect as a result of his own actions. Back in 2017, he supported a lot of scam projects (probably in return for money), and those who invested in them lost their capital. Once you lose the respect in the world of cryptocurrency, it is very difficult to win it back.
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October 05, 2019, 04:24:27 PM
 #40

It will be better McAfee keeps his role as a Cryptocurrency entertainer and a bitcoin predictor than launching a DEX. I don't want him to mess up himself like he has been doing.
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October 05, 2019, 04:25:44 PM
 #41

Snip~

A few years back, he used to command a lot of respect in the market. And he lost that respect as a result of his own actions. Back in 2017, he supported a lot of scam projects (probably in return for money), and those who invested in them lost their capital. Once you lose the respect in the world of cryptocurrency, it is very difficult to win it back.

I don't think McAfee with his reputation will openly support scam project, some project can be very convincing and appear to be very authentic,   not that I know the guy in any way, but just saying it could be that he was as deceive like rest of investors who loss money on any project he supported,

It is always advisable to do due diligence on project you intend to invest on even it was suggested by a known crypto influencer,  

between I don't think it is all who owns centralized exchanges that have the background knowledge of running an exchange, if John wants to open a dex, he should go for it, there are not much dex around, as long as a can do a better job.

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October 05, 2019, 04:26:51 PM
 #42

Does this mean that McAfee will have to give up his position in his exchange when he is elected President of the US?

 Grin

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October 05, 2019, 04:40:29 PM
 #43

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?


If John McAfee ever launches any exchange, it can only be centralized one and not decentralized.  Cheesy









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October 05, 2019, 04:41:49 PM
 #44

Me seems that McAfee already so all are tired of, that this news even no one not caused astonishment. How many he just promised, whatever things only not vouched in their statements and then gave backing, that not think that he something interesting will make now. Also, he kind of promised to eat his dick again. For the umpteenth time? Who remembers?

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October 05, 2019, 05:21:01 PM
 #45

McAfee is talking again and now wants to have its own exchange.
I am not a person who like the man, but if he will launch its own then it may be a hit as that is a well known man.
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October 05, 2019, 05:24:48 PM
 #46

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

Expert? Who is the expert? McAfee? Oh man! I don't think he is the expert of any crypto.
He may be the expert of speculation, manipulation, stealing or may tax evader, but never crypto expert. Do not ever, never trust him and his product! His life full of Scam, spam and misdirection!!!
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October 05, 2019, 06:02:02 PM
 #47

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

Expert? Who is the expert? McAfee? Oh man! I don't think he is the expert of any crypto.
He may be the expert of speculation, manipulation, stealing or may tax evader, but never crypto expert. Do not ever, never trust him and his product! His life full of Scam, spam and misdirection!!!

A person who has all these qualities, how can his exchange be scam free. I am sure he will use the exchange to pump his own coins and i will never trust that exchange. Maybe he has a lot of money to advertise or market his exchange but the exchange cannot survive only because of good marketing. If there is manipulation within the exchange, no trader will return to his exchange.

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October 05, 2019, 06:05:23 PM
 #48

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

Expert? Who is the expert? McAfee? Oh man! I don't think he is the expert of any crypto.
He may be the expert of speculation, manipulation, stealing or may tax evader, but never crypto expert. Do not ever, never trust him and his product! His life full of Scam, spam and misdirection!!!

A person who has all these qualities, how can his exchange be scam free. I am sure he will use the exchange to pump his own coins and i will never trust that exchange. Maybe he has a lot of money to advertise or market his exchange but the exchange cannot survive only because of good marketing. If there is manipulation within the exchange, no trader will return to his exchange.

On the contrary, I think a lot of people will use that exchange. But it is not difficult to predict that it will not end well. Therefore, I suggest that anyone who intends to use that exchange be careful.
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October 05, 2019, 06:06:14 PM
 #49

First, he is not an EXPERT. Yes, he is making a good living off cryptos and related activities. But it does not mean that he is an expert, not even close to it.
This is another bussines venture for him , also there is vert small chance that it has high security or high level of decentralization.

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October 06, 2019, 07:23:28 AM
 #50

Now is enough for John McAfee moment where many investor do not trust any more with him again, maybe last year John McAfee become most influence man in bitcoin or altcoin, but now he is nothing what about he said about some coin prediction, always wrong about influence said with investing in some coin or ICOs.

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October 06, 2019, 09:03:48 AM
 #51

I am really concerned about John McAfee lately, most of the people are not believe are coming out from
his mouth. If that's the case, whatever projects he makes, even though it's good will end in failure.
Including his plan to make the McAfeeDex exchange be certain to be few interested. This can happen
because of doing John McAfee himself made many wrong predictions about altcoins, and many victims because of him.
That's a risk if not an expert claims to be an expert. Now the whole world knows. Will need a long time to clear his name.
By the way good luck John with your new exchanges i will not join. Grin

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October 06, 2019, 12:58:10 PM
 #52

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.
Read here: McAfeeDex
What's your take on this?

McAfee antivirus creator called himself a conservative person and added that $ 1 million by 2021 is not the limit for BTC. Although I know that a billionaire cannot be crazy (I am sorry) but here, he sounds this way. I do not know what is waiting for his beta-version of the exchange as it is supposed that it will be not controlled at all - it will be 100% decentralized. McAfee Dex has started to work already - I am curious about what it will be.
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October 06, 2019, 01:25:40 PM
 #53

It will be better McAfee keeps his role as a Cryptocurrency entertainer and a bitcoin predictor than launching a DEX. I don't want him to mess up himself like he has been doing.
He is already a joker who entertains people with his jokes and who knows how long the Dex exchange will take to launch, i have not seen anything that John McAfee predicts or proposes come to fruition, he usually messes things up in life and hence he is hiding from the US government and since another entertainer became the president he does have the hopes of becoming one  Cheesy.

Does this mean that McAfee will have to give up his position in his exchange when he is elected President of the US?
 Grin
He likes to have the dual position . A president who ate his own dick  Cheesy.
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October 06, 2019, 02:25:57 PM
 #54

Many people don't seem to be interested in John McAfee's ideas. They now consider this more of a joke and not a big project. dex exchange allows anyone to register their coins for free even if it's not valuable. I am not sure after this they will be able to survive together with a series of other dex exchanges.
I think it will be a storage place for a number of shitcoins in the future, hopefully I'm wrong.

@skarais would you blame those people for considering him as a joke, because I wouldn’t as he spoiled his own reputation by making weird statements. I would advise people to avoid this project otherwise they’ll end up loosing their coins, also I would further suggest people to use wallets which allow access to one’s private keys. While he’s kept no KYC for users 0.25% transactions fees is a turnoff for any sane person wishing to do transactions there.

Source: https://news.u.today/news/john-mcafees-decentralized-crypto-exchange-to-start-beta-trials-on-october-7

https://www.theinquirer.net/inquirer/news/3022195/john-mcafee-will-eat-his-own-penis-if-bitcoin-doesnt-go-above-usd1m-by-2020
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October 06, 2019, 05:55:16 PM
 #55

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?


If John McAfee ever launches any exchange, it can only be centralized one and not decentralized.  Cheesy
I also think this way. I mean, is not it even weird to make a decentralized exchange called by the name of one person who created it? I don't see why McAfee is so laughed at on this forum, though. I mean, he is still a Bitcoin believer, isn't he? He's trying to stay bullish, and maybe this exchange will truly be decentralized, who knows? It's not Trump we are talking about. Yeah, his predictions about Bitcoin were unrealistic clearly (even though there's still a year left), and he sees bitcoin as a store of value rather than money, but he's still better than lots of other rich guys out there when it comes to Bitcoin.

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October 06, 2019, 06:06:09 PM
 #56

McAfee is more of a troll nowadays. He once was credible. But he certainly has lost that. But if the exchange is decentralized, it could be trusted. I am always up for decentralized exchanges. He also might be able to get many coins listed and could attract decent volume as well. However, it doesn't make any difference.
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October 06, 2019, 06:09:58 PM
 #57

I don't think McAfee with his reputation will openly support scam project, some project can be very convincing and appear to be very authentic,   not that I know the guy in any way, but just saying it could be that he was as deceive like rest of investors who loss money on any project he supported,

The way McAfee used to operate I doubt that.  Many investors had lost  a lot of money because they follow McAfee's advice.  Aside from that McAffe does not care if a project is a shitcoin as long as they pay them the required amount.  See those several projects McAfee shilled.

Now I am curious about the reaction of the crypto industry when McAfee launch this McAfeeDex.  I think it will be entertaining to see those hates in all social media platform, and it seems it already started in this thread Grin.

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October 06, 2019, 11:38:54 PM
 #58

I think no way that McAfee can launch a decentralized exchange. In my opinion, it could be some joke. If he really launches an exchange, I don't give much chance for that to be successful.

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October 07, 2019, 02:00:17 AM
 #59

Snip~

A few years back, he used to command a lot of respect in the market. And he lost that respect as a result of his own actions. Back in 2017, he supported a lot of scam projects (probably in return for money), and those who invested in them lost their capital. Once you lose the respect in the world of cryptocurrency, it is very difficult to win it back.

I don't think McAfee with his reputation will openly support scam project, some project can be very convincing and appear to be very authentic,   not that I know the guy in any way, but just saying it could be that he was as deceive like rest of investors who loss money on any project he supported,

It is always advisable to do due diligence on project you intend to invest on even it was suggested by a known crypto influencer,  

between I don't think it is all who owns centralized exchanges that have the background knowledge of running an exchange, if John wants to open a dex, he should go for it, there are not much dex around, as long as a can do a better job.
He didn't support scam projects, but it was more that he charged pretty high prices for any random project to chuck his name on it as an advisor, and he didn't really do a lot of research or due diligence, and also never did any actual advising, while demanding pretty high prices (10 percent of token supply, etc).

I don't think he ended up supporting any scams, but I do think a lot of his projects flopped and he never did anything other than demand a high price just to plaster his name on it.

I think no way that McAfee can launch a decentralized exchange. In my opinion, it could be some joke. If he really launches an exchange, I don't give much chance for that to be successful.
I think it'll pretty quickly turn into a centralized one.

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October 07, 2019, 02:20:13 AM
 #60

You mean the pump and dump shilling expert John mcafee? I remembered the time when he recommended Electroneum and it got pump so high that even cryptopia got server lagged. Then a few mins later it got dump. Then when he said the verge (I can't remember the name) would reach $150 or something, it got pump then the moment he said it's $15, it got dump again. What an expert!

I wonder what he will do with his exchange now. Since DEX is a very trusted popular exchange nowadays, I think he's going to do his pump and dump coin shilling in his own exchange now for more profit. What a genius
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October 07, 2019, 03:24:53 AM
 #61

How many score you trusted with John McAfee developer? I heard about what have to buy last two years with ETN coin on pre sale, but after listing on market price down and the same with ICO, I never get any more about what he said because he just take moment to promote some ICO or altcoin.

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October 07, 2019, 03:35:42 AM
 #62

~
He didn't support scam projects, but it was more that he charged pretty high prices for any random project to chuck his name on it as an advisor, and he didn't really do a lot of research or due diligence, and also never did any actual advising, while demanding pretty high prices (10 percent of token supply, etc).

I don't think he ended up supporting any scams, but I do think a lot of his projects flopped and he never did anything other than demand a high price just to plaster his name on it.

he advertised a ton of ICO projects where he got paid for that advertisement a very high fee and also alongside that he was pump and dumping some small shitcoins where he bought them up, advertised, pumped and then dumped the coins.
among all these there have been many that were actually pure scams. not to mention that if you closed your eyes and selected an ICO there was a good chance it was scam, so it is obvious many of them were advertised by McAfee.

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October 07, 2019, 03:48:11 AM
 #63

I don't know but I think McAfee already lost his name in crypto industry.
I think only few believers would really take him seriously but most of us see him as a big joke in crypto community,
He has been destroying his name by making some prediction and most of those who believe him have lost some money for sure.
He got reduced reputation in cryptocurrency because he promoted most ICOs which could not perform up to expectations. Some followers of John McAfee turned to lose trust in his predictions due to the failed ICOs. However, who knows, perhaps his DEX exchange is going to be one of the best which will revolutionize the cryptocurrency DEXs.

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October 07, 2019, 04:07:29 AM
 #64

John is a security system expert..  he is an Advisor & influencer.  HACKEN is one of the successful ICO projects that made John as their Advisor. cmiiw

Here you go:


Volume (24h) $1,115 USD
Everything that this guy touches will turn to be a failure.

Two years back he revealed that he charges $105,000 for each tweet promoting an ICO or any other cryptocurrency project. And HACKEN is not the only project that was promoted by this loser. One project that comes to my mind is BURST (market cap fell from $200 million to $7 million during 2018-19). He made millions of USD by promoting the shitcoins and at the same time users who invested in these scam projects pobably lost hundreds of millions of USD. Finally by mid-2018 he issued a statement that he has stopped promoting the ICOs, due to "threats from the Securities and Exchange Commission".
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October 07, 2019, 04:36:16 AM
 #65

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

It's a joke. Don't waste time on it. I hope that he didn't use his own security knowledge on that DEX or else many user will gonna be fck up. But that will be gonna be a hit exchange since its gonna be McAfee certified dex.  Cheesy

This article might enlighten you: https://medium.com/@mariochamorro/john-mcafee-crypto-recommendations-were-total-bullshit-let-s-see-the-numbers-2c59e88b64f5
lol at least i did not spend time reading the OPs link when in yours it was totally wrecked .as i don't really believe the serious thing when this man put good things inside the crypto just like how impossible he is expecting bitcoin to reached million dollar in couple of years or else he will be eating his parts

but maybe in future things might change if the balls comes to him and critics fails about his predictions who can say what will happen then

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October 11, 2019, 05:17:38 AM
 #66

I think no way that McAfee can launch a decentralized exchange. In my opinion, it could be some joke. If he really launches an exchange, I don't give much chance for that to be successful.

https://mcafeedex.com/ is already been launched and you can see it for yourself. How well this exchange will perform, only the time will tell but  John McAfee has enough resources and marketing skills to make it successfull. If his anti virus is being used all over the world, what wrong with using his exchange ?

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October 11, 2019, 05:23:35 AM
 #67

I don't know but I think McAfee already lost his name in crypto industry.
I think only few believers would really take him seriously but most of us see him as a big joke in crypto community,
He has been destroying his name by making some prediction and most of those who believe him have lost some money for sure.
He got reduced reputation in cryptocurrency because he promoted most ICOs which could not perform up to expectations. Some followers of John McAfee turned to lose trust in his predictions due to the failed ICOs. However, who knows, perhaps his DEX exchange is going to be one of the best which will revolutionize the cryptocurrency DEXs.
I don't think a single ICO of his has ever gotten their coin price back to what the coin price was at the time of ICO, most of those coins lost 50-80 percent of their value and all the investors got fucked over.

I think no way that McAfee can launch a decentralized exchange. In my opinion, it could be some joke. If he really launches an exchange, I don't give much chance for that to be successful.

https://mcafeedex.com/ is already been launched and you can see it for yourself. How well this exchange will perform, only the time will tell but  John McAfee has enough resources and marketing skills to make it successfull. If his anti virus is being used all over the world, what wrong with using his exchange ?
His antivirus has a bad reputation around some people due to it's intrusiveness (I believe it scans your websites, history and social media details if activated), only time will tell if the exchange will live up to his expectations.

Smiley
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October 11, 2019, 06:22:17 AM
 #68

You mean the pump and dump shilling expert John mcafee? I remembered the time when he recommended Electroneum and it got pump so high that even cryptopia got server lagged. Then a few mins later it got dump. Then when he said the verge (I can't remember the name) would reach $150 or something, it got pump then the moment he said it's $15, it got dump again. What an expert!

I wonder what he will do with his exchange now. Since DEX is a very trusted popular exchange nowadays, I think he's going to do his pump and dump coin shilling in his own exchange now for more profit. What a genius

Like John is the reason why all coins dump in the market, this is normal trend of most listed project on exchange nowadays, even those project that McAfee did not shill on still dump the very moment that they are listed, in this case will you blame the dev for the dump?
Electroneum had the chance to revive even after the dump but so far it hasn't been able to do so, the value of a coin depend largely on the dev and usability, I don't think John is the only reason why the project has not been able to perform.

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October 11, 2019, 06:34:46 AM
 #69

Well in my opinion these decentralized exchanges should be run by people who are totally anonymous. The whole idea for these decentralized exchanges should be for them to operate without the interference from governments and regulators that want to enforce KYC/AML requirements.

So if it is well known that John McAfee is behind this project, then the governments can target him to force him to take it down, if they do not adhere to the government regulations.  Roll Eyes

I would personally not trust a guy that was willing to sacrifice his own penis on a bet.  Wink

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October 11, 2019, 08:50:18 AM
 #70

Launching of well developed dex is always a good news. McAfeeDex requires no name, no documents, no email, no bank info, nothing is recorded or monitored. Seems great. I have a double attitude towards John McAfee, but I don't want to put an end to this dex only because of his name.
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October 11, 2019, 11:47:50 AM
 #71

It seems like Mcafee wants to earn more money. With Mcafees reputation crytpcurrency users will surely doubt this project. But I am not too sure since Mcafee have a huge bitcoin holdings from promoting altcoins. Also we dont know about his marketing strategies and its management. I want to doubt this one will succeed but I want to give some time for that exchange to improve itself and show us that we are wrong in criticizing it. I just hope that it will last long and will not close sooner.

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October 13, 2019, 03:18:44 PM
 #72

An article on McAfee DEX Exchange, launching a barge, launch goals, why it was created by John McAfee, is published on
https://coinlist.me/news/mcafee-dex-exchange/
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October 13, 2019, 04:31:21 PM
 #73

What does he really expect to come out of it when everyone already knows him for the kind of liar he is, and all those hype then was just because of this establishment, and if he has been manipulating people which people know, what assurance does he have that those things had not registered on many crypto users’ brain which will make them never to trust his dex, and I really doubt if Mcaffee would really come up with a full Decentralized exchange. 

Besides that anyway I really don’t think that his dex will function well because he would have a very low turnover, for now, I think that the hype of binance is still very much more than that of McAfee, and binance had opened its dex long time which till date, not many people have successfully been using it which is more like a failed project to me, so better he does not waste time on that.
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October 13, 2019, 04:39:55 PM
 #74

His reputation is worth shit at this point. I doubt he's still making money tweeting about shitcoins. You can only keep fooling people for a time.

No eating penis on national TV, then he was supposed to be hiding from the government, then he wanted to be a presidential candidate now he's starting an exchange. He's a drug addict an alcoholic and a liar. Nobody is going to trust him with big money.
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October 13, 2019, 04:53:28 PM
 #75

 John McAfee coins McAfeeDex will be the joke of the century this type of coin wouldn't survive the crypto market, we all know John McAfee as a gaffe  who spits all sorts predictions to gain attention I can't imagine investors that will invest their hard money in this shit coin that wouldn't stand the test of time based on the reputation of the owner except gullible investors who might banked on the hype of McAfeeDex by the owner.

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October 13, 2019, 04:54:54 PM
 #76

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

To be truthful, I don't care John McAfee's ideas about the cryptocurrency market. And I didn't expect a move like this from McAfee. I am surprised but I think 'McAfeeDex' won't be successful.

R


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October 13, 2019, 05:08:17 PM
 #77

Keep safe your investing with John McAfee have launch new exchange market called with McAfeeDex, did you remember how much money lost because allow what he said about some coin on ICO or trading, when he gives us recommendation to buy always price down, how about his exchange market McAfeeDex will be the same what have he said last several months? if I have money I will use for investing with other exchange market.

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October 13, 2019, 05:26:45 PM
 #78

what a brilliant move. He even name it his name. I really think most DEX today are really jokes. for the past two years, No single new dex has stand a test of time and they can not be compare to dex like etherdelta. Most of them will end up being close down when it becomes unsustainable to run the platform. poor development, continous server error, zero trading volumes are some of the problem associated with most new dex. Well there are some followers that monitor Mcafee up and down so maybe they will be making use of the platform.
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October 13, 2019, 07:20:56 PM
 #79

I think no way that McAfee can launch a decentralized exchange. In my opinion, it could be some joke. If he really launches an exchange, I don't give much chance for that to be successful.

https://mcafeedex.com/ is already been launched and you can see it for yourself. How well this exchange will perform, only the time will tell but  John McAfee has enough resources and marketing skills to make it successfull. If his anti virus is being used all over the world, what wrong with using his exchange ?
I have visited this exchange but i feel still it’s development aren’t completed because all features working a bit slow. Overall looking are not bad. But McAfee created a lot of controversy in the previous year to promoting many shit and fishy projects but firstly huge number of people's followed his prediction and he earned huge reputation. But now he lost trustworthy for tge paid promotion. Whatever i hope this new DEX will be transparency. Most of the coins trading already started.                  

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October 13, 2019, 08:20:24 PM
 #80

Old John the junkie? People should know better...

Some people say this guy is good for crypto cause of all the fuss he creates but that's one way of looking at it. The other is he's making people look at crypto entrepreneurs as junkies, drunkards and gambling addicts with a little bit of that good old libertarian gun culture. McAfee is getting boring. It was good while it lasted when he was giving interviews from inside his house smoking and drinking. He's got no more cards to put on the table.

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October 13, 2019, 08:25:05 PM
 #81

what a brilliant move. He even name it his name. I really think most DEX today are really jokes. for the past two years, No single new dex has stand a test of time and they can not be compare to dex like etherdelta. Most of them will end up being close down when it becomes unsustainable to run the platform. poor development, continous server error, zero trading volumes are some of the problem associated with most new dex. Well there are some followers that monitor Mcafee up and down so maybe they will be making use of the platform.
Him being a part of a DEX will probably spell bad things, I reckon that the second the SEC or the US government are hinting at shutting them down, he'll just centralize the entire exchange and hand over everything to them to make sure he doesn't lose his profit.

It's like him and ICO's again, he advertised 10's of them during 2017 but I can't name a single one that investors would have gotten their money back - most of them are never hit the ICO price for their coins.


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October 13, 2019, 08:38:52 PM
Last edit: June 09, 2020, 02:00:57 AM by StonerStanley
 #82

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

 Roll Eyes

Do not trust mcafee.
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October 13, 2019, 09:11:31 PM
 #83

It seems that McAfee received many negative speculations here, Users who believed he before turned back after much unsuccessful promotion of altcoins before than gains him a bad reputation.

I'm laughing on how many users here reacting negatively to McAfee's new project, He lost great support from the users and investors that caused by the investment shills he did before.
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October 13, 2019, 10:55:33 PM
 #84

It's a joke. Don't waste time on it. I hope that he didn't use his own security knowledge on that DEX or else many user will gonna be fck up. But that will be gonna be a hit exchange since its gonna be McAfee certified dex.  Cheesy

This article might enlighten you: https://medium.com/@mariochamorro/john-mcafee-crypto-recommendations-were-total-bullshit-let-s-see-the-numbers-2c59e88b64f5

I was expecting something better but the article basically says that if the prices goes down, it's a shitcoin. Because their purpose is to make you rich, right?  Cheesy According to this reasoning the entire market is made of shitcoins, better buy gold Tongue McAfee was paid to talk about new coins, but some are not even listed here, like verge. I don't think that stellar, dogecoin, reddcoin, electroneum are all shit. Tron ecosystem is working better than Ethereum, despite all the hate trends.
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October 13, 2019, 11:24:30 PM
 #85

Lol. And this guy did it again. I don't know what is going on in his mind😂
He is nothing more than a joke. He think people will trust him. After Verge bs he did to us.
He's a part of many scam projects and scammed a lot of people. And yet here he is. Looking for more victims. Just be careful. Have your own research about this guy John McAfee.
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October 14, 2019, 02:21:30 AM
 #86

I will wait for the next commercial from him how to remove mcafee from your pc, but this time completely cut off the tie from its root. And prepare to be slapped with all the kyc kys aml terrorist hacker in one full package with this dex.

Self hating nerd that want to escape from reality into the cyberpunk.
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October 14, 2019, 02:46:55 AM
 #87

Roll Eyes

I do not trust mcafee anymore.

No one in their normal state of mind trust this loser John McAfee anymore. He had a name and reputation. But that was many years back. All he is doing now is trying to survive using his name. And he has been quite successful with that. The ICO promotion business was very profitable for him. He was charging $105,000 for a single tweet promoting the ICOs and he made millions of USD using this route during 2017/18. Unfortunately for him, the ICO market got destroyed recently.  

As a result, now he is without a regular means of income. On top of that I heard that he is facing trouble from the American authorities, who are pursuing him on murder charges. He was recently arrested in the Dominican Republic along with his sidekick, but managed to bribe his way out of the prison before the Americans could get him. His current whereabouts are not known, and I don't know how he is going to operate this new exchange under such circumstances. Stay away from this "McAfeeDex" like plague.
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October 14, 2019, 03:19:31 AM
 #88

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

Unless he can prove 50% of his predictions are correct and true or even closer, we can trust his decentralized exchange I'm a fan of decentralized exchanges, we must consider that he is a good shiller and crypto fanatics even saying thing that is out of this world, maybe he is holding a large volume of different coins that he wants to shill so he gets rich, the soonest possible.

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October 14, 2019, 04:39:58 AM
 #89

we are now reading on the news about bitcoin, john mcAfee who is the founder of anti virus now wants to launch his own exchange for coin exchange i am not too happy with this news i am really worried about what is the purpose of john mcAfee launching his own exchange could be this is manipulation john mcAfee for the cryptocurrency user community.

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October 14, 2019, 09:48:36 AM
 #90

we are now reading on the news about bitcoin, john mcAfee who is the founder of anti virus now wants to launch his own exchange for coin exchange i am not too happy with this news i am really worried about what is the purpose of john mcAfee launching his own exchange could be this is manipulation john mcAfee for the cryptocurrency user community.

I don't really know why you are that concerned about it, it is very simple, either you trade there or you don't trade there,  it is a decentralized exchange mate, how will he manipulate crypto community through it? Between aren't people always have concerns about centralized exchanges and kyc?  I just visited the dex exchange and I think it is really cool, plus less fees, let's see how things will work out.

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October 14, 2019, 10:12:05 AM
 #91

I understand McAfee's intention to jump into the crypto world. But name and reputation alone are not enough to build a successful exchanger. And we have seen a lot of DEX lose volume due to lack of liquidity. And of course, the DEX project is too mainstream. Unless, there are new things and new technologies that they offer there, maybe the story will be different.

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Ferris419
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October 14, 2019, 05:02:19 PM
 #92

It seems that McAfee received many negative speculations here, Users who believed he before turned back after much unsuccessful promotion of altcoins before than gains him a bad reputation.

I'm laughing at how many users here reacting negatively to McAfee's new project, He lost great support from the users and investors that caused by the investment shills he did before.

Not only negative views, but people also love to make a joke on him! McAfee ruined his image badly by giving continuous fake and paid predictions, and he is not gonna get back that popularity ever again. This Mcafee Dex is another joke from him. To list a token you don't have to spend money but to get whitelist on that exchange, you have to send them 85 USD. Such a ridiculous system!

Bitcoin is gonna hit 100K usd
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October 14, 2019, 05:24:27 PM
 #93

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

I thought first it could be a joke. Cheesy It is a brave move for John McAfee. But I think that his decentralized exchange has low chance to succeed. There is so many people who don't care his actions. I think it will be hard to find many investors for his exchange.

R


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October 14, 2019, 09:57:14 PM
 #94

Lol. And this guy did it again. I don't know what is going on in his mind😂

he seems pretty drug-addled and possibly mentally ill. most of all he's just desperate for money. he'll attach his name to anything if the price is right---this piece of crap DEX is no different.

it's sad considering he reportedly sold mcafee (the company) for $100 million. did he spend all that money on drugs? Roll Eyes

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October 15, 2019, 07:08:40 AM
 #95

Good choose name McAfeeDex exchange for remember with John McAffe exchange market, listed many altcoin kinds and easy for deposit and withdrawal I think McAfeeDex exchange will have many investor trading with John MaAfee exchange for the future, by the way have schedule and date time when McAfeeDex exchange launching to public and investor will take investing with this exchange? I want to invest if this exchange better with faster withdrawal and less fee.

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October 15, 2019, 07:35:51 AM
 #96

The site looks like a typical scam to me. If I didn't know McAfee was part of it I would think it is one big scam exchange. Not going to trade anything on there...
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October 15, 2019, 08:15:22 AM
 #97

Really, so Roger Val has an exchange? I will love to have the link. Back to McAfee, where is the coin and ICO of the week. Many has lost substantial money through believing in his calls. Some invested heavily with the hope that he konw what he is saying. If he eventually open one, it will be a Dex of shit coins. 

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October 15, 2019, 08:39:53 AM
 #98

Anyone can add any coin to it as long as it's an ERC20 token but the thing is I try to load it but it never loads. Their server is either always jammed or too slow to execute any trades. I wonder if the server location is too remote to have me access the site properly. Unless he has competent DEVS helping him run the things he launches, they won't be successful. He needs to also make sure that the projects are of a high standard before he puts his name on anything, otherwise, people will think he is just out to make money from his name.


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October 15, 2019, 09:41:16 AM
 #99

You know, I think even despite John McAfee's boundless popularity in the blockchain industry, his Dex project will not be able to compete with the flagship DEX exchange IDEX. Even the decentralized exchange from Binance is not on a par with it. What can we say about the exchange from John McAfee, the project of which is still only in the head of the famous IT specialist. However, if John does launch his DEX, it will be able to attract some audience only because of its popularity.

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October 15, 2019, 09:51:01 AM
 #100

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?

Hahaha, I missed this news. In any case, this is a joke, however, I would advise John McAfee to stop in drugs Grin Grin Grin because every story with the participation of this Bitcoin expert will make me laugh more and more Smiley
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October 15, 2019, 10:01:43 AM
 #101

I haven't seen a single "decentralized exchange" yet. All of them run on altcoins, which to begin with, it's risky to assume that they have any levels of decentralization enough to survive the attack of an entity of global attacker status, or even worse, smaller entities in coordination with enough horsepower to f*ck you up.

Once again, this McAfeeDex thing is "backed by the Ethereum blockchain". Did people forget about this?

https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

I wouldn't trust any of this. If authorities wanted, I would bet they can end those "decentralized" exchanges.



You never heard about Bisq?

Bitcoin is not a bubble, it's the pin!
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October 26, 2019, 03:29:01 PM
 #102

I've read this complete (!) thread in one sitting. Have seen only one or two supporters of this new "DEX"
But the funny thing is - nobody talks about important things. Only about John's scammy past shitcoin predictions.
Which sure is bad.
But at the end of the day - DOES IT MATTERS much?
How one can scam or run away with your funds, if you use a DECENTRALIZED exchange???

The problem however is much different.
If somebody decides to name his creation "a decentralized" , it does NOT mean that thing automatically becomes DECENTRAZIZED.
Not at all.

True Decentralized exchange must have FOUR of its main, key elements decentralized.
Not one, not 2 or 3 - but ALL FOUR.
If not all four  - it is only a pseudo or partially decentralized exchange.

1-Storage of funds: Your funds remain in your wallet and are in your control throughout the entire trade process. There is no use colored coins or proxy tokens.
2-Order books: Orders broadcast directly from the trader and the order book is compiled locally instead of relying on a central order book service, which prevents front running.
3-Order matching: Orders are matched directly between traders. When one accepts another’s order, the exchange process automatically begins, and this is broadcasted over the inter-chain network.
4-Settlement: There is no involvement of a third part or intermediary when a trade takes place (unlike a centralized exchange). At the moment of the trade, an atomic swap automatically takes place, ensuring your funds are in your possession at all times and always under your control.

Have you ever wondered how many of theses 4 John McCafee has implemented?
Have you ever investigated if your praised IDEX or ETHERDELTA or BisQ has any Huh

There are many DEX, really many of them today. Want to see em side-by-side?
http://j.mp/dexsidebyside


Or better yet - go and read more yourself
https://www.ccn.com/exchange-hackings-security-and-freedom-why-would-traditional-exchanges-embrace-a-decentralized-exchange

I even have published a post on steemit 2 years ago about DEX's
https://steemit.com/blocknet/@onealfa/crazy-list-of-dex
How many new appeared since then?

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October 26, 2019, 03:55:51 PM
 #103

Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

Read here: McAfeeDex

What's your take on this?
Yeah for sure Craig Wright is the first Trader in his Exchange ,but that sounds cool because maybe Satoshi will come out to trade as well 😂
 


But kidding aside?i don’t think  this is serious thing since there’s no reason why he will do such









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