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John McAfee 2020 presidential campaign – Wikipedia

The 2020 presidential campaign of John McAfee, anti-virus software pioneer and cryptocurrency investor, was formally launched on June 3, 2018.

McAfee previously ran for president in 2016. He was initially the candidate for the Cyber Party, a party which he had created. In December 2015, McAfee re-announced his candidacy under the Libertarian Party. During the campaign, McAfee was considered a front-runner for the nomination, and participated in the first televised Libertarian primary debates. At the convention, McAfee came in third place, with 14.1% of the delegates on the second ballot, behind Austin Petersen and the Libertarian Party nominee Gary Johnson. Following the convention, McAfee declined to endorse the Johnson campaign, and announced that he would not run for office again.[citation needed]

Contrary to his assertion at the 2016 convention, McAfee announced on June 3, 2018 via Twitter that he would run for President again in 2020, either with the Libertarian Party or under the banner of a party of his own creation.[1] On January 22, McAfee announced via Twitter that he would be continuing his campaign "in exile", following reports that he, his wife, and four of his campaign staff were being indicted for tax-related felonies by the IRS. McAfee indicated that he was in "international waters", and had previously tweeted that he was on his way to Venezuela.[2] The IRS has not commented on the alleged indictments.[3] On June 29, McAfee tweeted that his campaign headquarters was relocated to Havana, Cuba.[4] Around the same time, McAfee made defenses of Communist revolutionary Che Guevara on Twitter, putting himself at odds with some of his libertarian following. Libertarian National Committee chairman Nicholas Sarwark said, "I hear very little buzz about McAfee this time around...making a defense of Che Guevara from Cuba may ingratiate him with the Cuban government, but it didn't resonate well with Libertarians."[5]

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John McAfee 2020 presidential campaign - Wikipedia

$1mn by 2020: John McAfee will still eat his own d*ck if …

John McAfee has doubled down on his confidence in bitcoin by stating his belief it will be worth $1 million by the end of 2020. Bullishly, the controversial businessman said he will eat his own manhood if the cryptocurrency fails to perform to that level.

The founder of the eponymously named security software, McAfee has something of reputation for backing the volatile cryptocurrency with outrageous comments.

READ MORE: Ill eat my d**k on national TV if bitcoin doesnt surpass $500k in 3yrs John McAfee

Earlier this year, the US native signified his faith in the cryptocurrency by proposing a similar forfeit, stating he would eat his own penis on national television if bitcoin did not reach $500k within three years.

With bitcoin recently smashing the $10,000 landmark on South Koreas cryptocurrency exchange and news of its rise to $11,000 on Wednesday, McAfee appears to have become even more spirited. He has now raised the bet, waging his genitals against bitcoin growing to $1 million by 2020.

When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017, he said. McAfee said bitcoin has accelerated much faster than what he originally thought and therefore had to revise his opinion. I will still eat my d*ck if wrong, he added.

READ MORE: Unstoppable bitcoin rockets to $11,000 in massive sudden spike

Bitcoin has experienced a meandering rise since its launch in 2009. In early November, bitcoins value dropped 30 percent before rebounding. As of Wednesday, the digital currency was valued at a record $11,000, up from $1,000 at the beginning of the year.

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$1mn by 2020: John McAfee will still eat his own d*ck if ...

I want the stage: McAfee will run for president in …

Antivirus magnate and cryptocurrency evangelist John McAfee says he will run for president in 2020 in exile, using masked doppelgangers to campaign in the US. McAfee has been filmed sailing to Venezuela, fleeing indictment.

In a series of Twitter videos posted on Tuesday and Wednesday, McAfee claimed to fleeing felony charges brought by the IRS. McAfee, his wife Janice, and four campaign workers have been indicted for unspecified IRS crimes of a felonious nature, he explained, adding that he had not paid taxes in eight years.

The videos were shot on a yacht that McAfee called the "freedom boat," which will now double as his 2020 campaign headquarters. The eccentric cybersecurity guru announced his intention to run for the nations highest office last June, on a platform to serve the crypto community.

I will not allow them to imprison me and shut my voice down, McAfee explained. Today, crypto community, we are at war, and I am on the front lines.

McAfee plans on having thousands of volunteers print masks of his face, which will be worn by road warriors in parks, street corners, (and) restaurants all around America. McAfee will address these supporters over loudspeakers.

Another group of volunteers will wear McAfees masks to conferences and campaign events; speaking, shaking hands, and standing in for the man himself.

Where McAfee himself will be during this campaign is unclear. According to his Twitter feed, the crypto candidate is currently en route to Venezuela, which due to the current political climate is most likely beyond the reach of US law enforcement. According to the latest posts, the craft is currently somewhere near the Bahamas.

It is unclear if McAfee is being completely honest about the yachts location, given the fact that US authorities could simply intercept the freedom boat before it docks in Venezuela. A lot of people are saying they have never seen anyone live-cast their evasion of US authorities before, but why not? McAfee said. I have nothing to hide I dont have time or energy for lies and deceptions.

This campaign-in-exile is McAfees second attempt to run for the White House. In 2016, the crypto enthusiast lost out to former New Mexico governor Gary Johnson in his bid to be the candidate for the Libertarian Party.

The 73-year-old tech entrepreneur has recently emerged as a distinguished advocate for digital currencies, including bitcoin, which have experienced swift growth and extreme volatility in recent years. McAfees forays into politics have been aimed at promoting cryptocurrency, which he sees as a serious challenger to government-backed fiat currency.

Remember: I do not want to be president! I just want the stage. I just need to run. I did it once before in the Libertarian Party. Who cares whether I can?? I'm f**king doing it now!! he tweeted on Tuesday.

Apart from his career as a tech entrepreneur, McAfee hit the headlines in 2012 after he was declared a person of interest in a murder case in Belize, Central America. However, the businessman, who was neither arrested nor charged with the crime, left the country and moved to the US.

Although it is unlikely to be among his campaign issues, McAfee has also emerged as a champion of man-whale love:

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The Dickening of John McAfee is Less Than 1 year Away – The Merkle Hash

As the new decade trucks along, plenty of crypto-related questions arise. It appears that a fair few people wonder if and when John McAfee will honor his initial promise.

Most bitcoin enthusiasts will remember the wild price prediction John McAfee shared with the world.

More specifically, he claimed how bitcoin will hit $500,000 by late 2020.

That prediction was ultimately adjusted to a value of $1 million per BTC by the end of 2020.

There are still over 364 days left to make this bitcoin price prediction come true.

If the prediction does not come true, however, John McAfee would eat his penis on national television.

A lot of enthusiasts are already warming up to this idea.

Given how bitcoin has performed in 2019, such a price point seems impossible to reach.

Based on the current price, the value per BTC needs to increase by $992,857.635.

While not impossible in theory it seems very unlikely the six-digit range will be reached in 2020.

Even in 2019, John McAfee further affirmed his bitcoin price prediction.

In a Tweet, he mentioned how the rise of bitcoin cannot be stopped.

Moreover, he also hinted at some obscure altcoins that could perhaps rise in value.

For the time being, it seems unlikely that anything major will happen to bitcoin.

A price increase is possible, but exponential growth will not happen anytime soon.

Image(s): Shutterstock.com

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The Dickening of John McAfee is Less Than 1 year Away - The Merkle Hash

Crypto Baron John McAfee Claims He Put Up Show Together with CIA and Zombie Coin – U.Today

John McAfee has just backpedaled on one of the wildest wagers in the history of crypto. In his recent tweet, the cybersecurity tycoon makes it clear that his promise to eat his penis if the Bitcoin price doesn't go to $1 mln by Dec. 31, 2020, was simply a "ruse" that was meant to attract new users.

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Back in July 2017, less than six months before Bitcoin became the biggest topic worldwide, McAfee took to Twitter to make an unprecedented claim that he would eat his penis on national television if Bitcoin failed to reach $500,000. Five months later, he upped the ante with the now-famous $1 mln price target.

Throughout these years, McAfee continued to stand by his prediction. As reported by U.Today, he still insisted that BTC could end up in the seven-digit reality as of Dec. 13, 2019. At the time of writing, BTC is trading at$7,462, which means that its price would have to increase by13,286 percent in twelve monthsfor McAfee's body to remain safe.

His prediction became so popular that there is even the "Dickening" countdown till Dec. 31, 2020 (itis called afterthe reward "halvening" that will take place in May). However, now that McAfee claims that it was nothing but a ruse, this site might no longer be relevant.

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Moreover, the eccentric septuagenarianhas apparently had a change of heart about Bitcoin since he's now certain that the top cryptocurrency has "an ancient technology," and newer blockchains will effectively replace it. McAfee compared Bitcoin tothe FordModel T,which is generally considered to be the very first affordable car.

While McAfee himself did not mention any specific names in his tell-all tweet, the threadgot instantly swarmed with people who wanted to pitch their favorite cryptocurrencies from some top altcoins to obscure projects.

A bit later, he named privacy-focused coin Monero as the new clear winner.

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Crypto Baron John McAfee Claims He Put Up Show Together with CIA and Zombie Coin - U.Today

Let’s look at what McAfee had to say about Bitcoin in 2019 – CryptoNewsZ

The crypto industry is one of the most fragile industries in the world and is heavily dependent on market influencers. This is because the industry itself is quite young, and theres a dearth of extensive and exhaustive data that could help interpret the market conditions. Thus, the role of influencers, especially those who are from technical backgrounds, is extremely crucial for the industry. One of the biggest names among such influencers is that of a computer scientist and anti-virus pioneer John McAfee.

McAfee, who himself is on the run from the US authorities, has been quite vocal about his views on cryptocurrencies and is the biggest proponents of Bitcoin and other cryptos. In fact, he is among the first persons to claim that BTC will touch the million-dollar mark in the next few years. As the year is about to end, we look at what McAfee had to say about Bitcoin in 2019, and what does he predict for 2020:

John McAfee was one of the prominent personalities that came out openly against self-proclaimed Bitcoin creator and Bitcoin SV chief Craig Wright. McAfee was among the firsts to debunk Wrights claim of being Satoshi Nakamoto and did so in a hilarious manner saying,

I am the real Craig Wright. I can prove it. Absolutely. Im filing a patent on my existence as Craig Wright. I can prove I am him at a fingers snap. But Im not going to. You must simply believe me. I will be suing Craig, soon, for impersonating me. Unlike me, he is serveable.

In turn, Craig Wright called McAfee a scam artist, and threatened to drag him to the court. However, McAfee had the last laugh as Wrights own legal battle grew tragic for him. Currently, Bitcoin SV is going through a tough phase, and problems for Wright doesnt seem to end anytime soon.

2018 was a disastrous year for Bitcoin as the apex crypto fell from its all-time peak of around $20,000 in December 2017 to less than $4,000 in January 2019. Things started to improve in February when Bitcoin broke its six months-long losing spree. Predicting a mega bull return, McAfee predicted that BTC would hit $1 million by the end of 2020, a claim which seems to be far from reality at the moment.

After a mini bull run till late July, BTC has come down steadily from its yearly peak of around $14,000 to less than $7,200 as of date. In spite of this, McAfee has stuck to his bull prediction stating that he agreed with the midterm $50,000 prediction by Peter Brandt and also reiterated that BTC would touch $1,000,000 by the end of 2020.

McAfee has been a long-time advocate of cryptocurrencies. This became even more apparent when he promoted BeatzCoin, a cryptocurrency targeted towards empowering artists, stating that it was one of the best. His support for the use of crypto became even more apparent when he stated that using fiat currencies is slavery, and that the government is afraid of crypto.

Similarly, McAfee also showed his open support for Dogecoin, an altcoin that began life as a joke but has successfully acquired a market cap of around $360 million. He seconded Tesla boss Elon Musks prediction that Dogecoin will go to the moon.

The year 2019 has been quite adventurous for John McAfee, as he not only spent time in jail and dodged the US authorities on multiple occasions but also engaged with several crypto-blockchain platforms. Some of these include:

John McAfee launched a decentralized crypto exchange called McAfee DEX in October. McAfee DEX boasts features like complete anonymity of transactions, lesser processing times, and lowest processing fees. The DEX is functioning smoothly at the moment, though it faced tough challenges initially.

Before launching the DEX, McAfee went out all guns blazing against fiat currencies and government-controlled monetary systems. He also heavily criticized centralized crypto exchanges and accused them of controlling the market.

McAfee launched the Epstein Didnt Kill Himself (WHACKD) token as a form of protest against the alleged murder of Jeffery Epstein which was staged as a suicide in prison. He also announced an airdrop of 700 million WHACKD tokens which were divided equally among all the eligible participants.

First of all, we will have to closely observe the McAfee DEX, how it performs and how much it stays true to initial promises. Similarly, it would be quite interesting to see the outcomes of various partnerships and engagements McAfee has entered into this year and given his past record, and exciting results are awaited.

However, the most important thing to keep an eye on would be the performance of Bitcoin. As mentioned earlier, McAfee has predicted a $1 million prediction for BTC by the end of 2020, and if Bitcoin was to really achieve this stupendous feat, it would have to have a terrific bull run through the year. At this moment, it seems quite unlikely due to the below $7,500 price, but if at all it happens, McAfee will establish himself as the greatest Bitcoin analyst.

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Let's look at what McAfee had to say about Bitcoin in 2019 - CryptoNewsZ

John McAfee: Bitcoin Is Ancient Technology, As Ford Model T For Cars – CryptoPotato

American entrepreneur and controversial crypto figure John McAfee, who boldly predicted that Bitcoin would be valued at $1 million by the end of 2020, has openly lashed out on the leading cryptocurrency, referring to it as an ancient technology due to several limitations. This comes as a blow, considering that he was one of the biggest promoters of Bitcoin and crypto in general over the last few years.

McAfee believes that being the first blockchain to exist does not make Bitcoin the future. In his opinion, there are newer blockchains with enhanced features that solve the flaws of the Bitcoin blockchain, just as the Ford Model T automobile of 1908 was replaced by more sophisticated cars.

The 74 years computer programmer and billionaire has always been an advocate of decentralization and privacy. In fact, he has spent a great deal of time on the run while preaching against central authorities like government, and as such, privacy is a big concern for him, one of the features which he believes bitcoin lacks.

Bitcoin was first. Its ancient technology. All know it. Newer blockchains have privacy, smart contracts, distributed apps, and more, McAfee said in a tweet.

This is not the first time McAfee has called bitcoin outdated. In an interview with Cryptopotato from last October, he maintained the same opinion about the first cryptocurrency.

McAfee claimed that Bitcoin is only good at being a store of value and cryptocurrency, and nothing more.Besides, McAfee called the community to spend their bitcoins; otherwise, adoption wont come true.

McAfee is famous for his outrageous prediction that Bitcoins value would hit $1 million by the end of this year. He even went on to place a bet that he would eat his private part on national TV if the prediction does not come true, and many crypto enthusiasts are eagerly waiting for the event to happen in the next 12 months.

Although McAfee had stood firmly by his prediction on many occasions, including our interviewwith him from recent October, he said today that the $1 million bitcoin price prediction was only a trick to attract more people to the crypto space.

Eat my dick in 12 months? A ruse to onboard new users. It worked, he said in this regard.

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7 Big Bitcoin and Cryptocurrency Predictions for 2020 – The Daily Hodl

From outrageous price predictions to the future of altcoins, crypto analysts and industry leaders are placing their bets on the fate of digital assets in 2020.

Here are seven forecasts predicting some major shifts in the year ahead.

1. Twelve months ago, Bob Loukas, a Bitcoin trader and analyst, accurately predicted what the price of BTC would be at the end of 2019. Now, he thinks Bitcoin is headed for its all-time high near $20,000 by the end of 2020.

In the absolute bear case, after a 6-month downtrend, expect a counter-trend move towards $10k-$11k before another big downtrend. If you think you will FOMO buy $10k then buy it now instead.

Bob Loukas (@BobLoukas) December 26, 2019

2. Mike Novogratz, the CEO of crypto investment giant Galaxy Digital, is also bullish on BTC, saying he expects the king coin to end the new year above $12,000.

2020 prediction #1. @realDonaldTrump loses by more than 10mm votes. #2 $btc finishes over 12k. #3. @USAWrestling wins 3 golds in Tokyo (MF). #4 @tomhanks wins the Oscar for Mr Rodgers. #5 @reform and its partners help shrink the supervised population from 4.5mm to 4mm or <

Michael Novogratz (@novogratz) December 28, 2019

3. Changpeng Zhao, the founder and CEO of Binance, thinks numerous governments around the world will experiment with blockchain and their own digital assets.

Says Zhao in an interview with Global Coin Research,

I think in 2020, we will see different experiments tried by many different governments around the globe for adoption. Some will work, some may not, but overall, they will have a tremendously positive effect for crypto adoption.

4. Ripple CEO Brad Garlinghouse predictsthat 10 of the 20 largest banks on the globe will begin to actively hold and trade digital assets in 2020 as fiat currencies go digital.

Hes also predicting that at least one G20 currency becomes fully digitized by 2021.

5. Decrypt columnist Matt Hussey echoed Zhao and Garlinghouses sentiments, predicting numerous nation states will roll out their own digital currencies this year.

6. Jimmy Song, a Bitcoin educator, thinks BTC dominance will be at more than 75% by the end of the year. He also predicts lots of altcoin delistings.

2020 Predictions Part 1:

* Bitcoin dominance will be 75%+ at end of year* Taproot will be activated without much controversy* Bitcoin price will have a bottom to top difference of at least 100%* Halving will be the big narrative

Jimmy Song () (@jimmysong) December 30, 2019

2020 Predictions Part 2:

* Lots of altcoin delistings* IEOs will lose steam* Some coin will be 51% attacked and cause an exchange to lose lots of money. Coin will go down less than 20%.* More coins will change to be merge mined with Bitcoin.

Jimmy Song () (@jimmysong) December 31, 2019

7. And last but not least, John McAfee now has only one year left to see whether Bitcoin reaches his sky-is-the-limit, dick-on-the-line forecast.

When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong. pic.twitter.com/WVx3E71nyD

John McAfee (@officialmcafee) November 29, 2017

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Trevon James Promised (And Claims He Did) Eating His Dogs Poop If Bitcoin Isnt At $10 By 2020 – CryptoPotato

Trevon James, a former promoter of the famous cryptocurrency Ponzi scheme, BitConnect, made a Bitcoin prediction in 2018, which he must be regretting today. Back in 2018, he said that BTCs price will be $10 on January 1st, 2020 and that he would eat his own dogs excrement live on the internet if this is not the case.

James is a notorious YouTuber within the cryptocurrency community, mostly with promoting one of the largest scams in the industry BitConnect. It offered a 10% return on investment each month, and the coin (BCC) rose notably to $463 during the parabolic price increase of 2017 but ultimately plunged to less than $5 by January 2018, and then shut down officially.

While the community was attacking James for his knowing promotion of a suspected Ponzi scheme, he decided to offer a strongly negative prediction regarding Bitcoins price. Back in December 2018, he said that the largest cryptocurrency will be worth $10 as of today January 1st, 2020.

If his prognosis is somehow wrong, he will eat his own dogs poop. As we know today, BTC is at around $7,200, which is a long way from $10, so James indicated that Im a man of my word and that he will stream live the video of the unpleasant feast.

Even though he claims that he streamed the video, its worth noting that it doesnt appear on the platform nor on his YouTube channel.

Interestingly enough, James might now be promoting another controversial cryptocurrency-related project Hex.

The largest cryptocurrency is the target of similar predictions quite regularly, but it generally proves people wrong.

One of the most famous ones came from the prominent Bitcoins supporter and former antivirus tycoon John McAfee. As he confirmed in an interview with CryptoPotato, he thinks that BTC will reach $1 million by the end of 2020.

Some realistic and accurate predictions came from an anonymous analyst posting last year how Bitcoins price will change in the course of two years. While he was spot on at his first few picks, he was wrong about October, saying that BTC will be at $16,000, but in reality, it reached a monthly high of $9,700. The next listed month from his post is February, and the price is set for $29,000.

Most recently, another Bitcoin proponent, Michael Novogratz, seemed less optimistic about his prediction. Previously, he said that the largest cryptocurrency will go back to its all-time high of $20,000 by the end of 2019, but now it appeared that he is losing confidence by forecasting $12,000 at the end of 2020.

Featured image courtesy of Yahoo Finance

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Trevon James Promised (And Claims He Did) Eating His Dogs Poop If Bitcoin Isnt At $10 By 2020 - CryptoPotato

Mike Novogratz Starts 2020 with a Simpler Prediction for Bitcoin – Live Bitcoin News

Former hedge fund manager Mike Novogratz is joining the ranks of Tim Draper, Charles Hoskinson and Ross Ulbricht and making some wild predictions about bitcoins price for the year 2020.

In a recent tweet, Novogratz commented that he thinks the worlds leading cryptocurrency by market cap will spike to $12,000 in the coming months. While $12K is certainly a fine number by most standards, it doesnt quite garner attention or interest the way the predictions of the other three might. Heck, $12,000 doesnt even come relatively close to $13,600, which was the peak price for bitcoin in 2019, so what should we be getting so excited about?

Men like Draper have long stated that the cryptocurrency would reach the $250,000 mark, only prior, he stated that it would do so in the year 2023. Now, hes moving his prediction forward by three years and believes that bitcoin will reach this figure in 2020 thanks to the bitcoin halving currently scheduled for mid-May.

However, Draper freely admits that he hasnt seen the technical charts in some time and is basing his thoughts and ideas on instinct more than legitimate data.

Ross Ulbricht and Charles Hoskinson are a little more modest in their 2020 predictions, but still feel that this is the year when bitcoin crosses the six-figure mark. Both men believe bitcoin will reach $100,000 by the time next year is out.

The biggest price prediction comes from antivirus mogul John McAfee, who has repeatedly claimed that bitcoin will potentially strike the $1 million mark in 2020.

So, at the end of the day, Novogratzs prediction is nice to see, but it doesnt tantalize our brains the way the other predictions do. In fact, Novogratz took to Twitter to share several predictions for the year, and it feels almost as if the one regarding bitcoins price was simply thrown in there at the last minute to keep his words relevant to crypto users.

Some of the other random predictions he made in the tweet was that Tom Hanks would win this years Oscar for best actor for his portrayal of Mr. Rogers in the movie A Beautiful Day in the Neighborhood. This would be interesting considering the film hasnt even garnered that much interest at the upcoming SAG Awards, which are usually a tell-tale sign of who will be nominated or who might be potential winners.

A win for Hanks would mark a third golden statue for the actor. He has previously won Oscars for 1993s Philadelphia, and 1994s Forrest Gump, and is one of the only performers to win consecutive Academy Awards (one after the other).

He also stated that the U.S. wrestling team will win three gold medals at the 2020 Olympics in Tokyo, Japan Rather specific.

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Federal Reserve Ramping Up Repo Operations In Early 2020 Will Prove A Strong Case For Bitcoin – ZyCrypto

In mid-September, the Federal Reserve announced that it would inject billions into repo markets in order for banks to satisfy their liquidity needs. During the same week of repo operations, the Fed cut interest rates to a target range of between 1.5% and 1.75%.

Now, to further secure the market, the Fed will be injecting an additional $425 billion into the economy within a month. Evidently, these operations fuel the bitcoin narrative because as a decentralized asset, it is immune to such fiscal irresponsibility.

According to an announcement published on December 11, the Fed will be conducting repo operations from December 13 to January 14, 2020. In accordance with the most recent FOMC directive, the Desk will conduct repo operations to ensure that the supply of reserves remains ample and to mitigate the risk of money market pressures around year-end that could adversely affect policy implementation, the Fed noted.

These repo operations are expected to amount to roughly $150 billion on December 31 and January 2 and by January 14, the Fed hopes to have printed a total of at least $425 billion.

As if that werent enough, the US national debt crossed the $23 trillion mark last month for the first time in history. It now stands at around $23.12 trillion, after having skyrocketed by more than $1.4 trillion this year alone.

Besides building a strong case for bitcoin, the Fed has drawn criticism for these apparent failures with some in the crypto community arguing that it should be scrapped completely.

Crypto observer Rhythm Trader recently drew attention to the return of these repo operations. He opined that the $425 billion in repo operations is three times the size of the entire market cap of bitcoin.

Since Bitcoin came into existence in 2009, it has been hailed as the beginning of a new financial era. Enthusiasts posited that it would help the many unbanked people all over the world and also break people from the shackles of capitalism.

The greatest advantage of bitcoin is that it lacks a centralized authority that can alter its supply. This is mainly the reason why most people deem bitcoin as the perfect solution to dovish policies.

Not to mention the fact that bitcoin has appreciated by more than 4,000 percent within the past five years and in the last one year it has soared by nearly 130 percent. This, according to crypto pundit John McAfee, gives bitcoin an edge over fiat.

He tweeted yesterday, In 5 years BTC is up 4082.52%, in last 52 weeks its up 129.10%, in the last month its up 10.33% & last 5 days its up 1.71%. Fuck FIAT.

Indeed, repo operations will likely lead to further distrust of the traditional financial system and intensify the demand for bitcoin.

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Verge Crashes Over 15% Ahead of Scheduled Hard Fork – Bitcoinist

Verge (XVG) is backtracking, erasing more than 15% of its price on Tuesday. XVG fell to $0.004, moving away from a recent spike.

The Verge market price sank significantly on Tuesday, despite the still expected scheduled hard fork. The asset sank after a week of hiking higher, moving up by as much as 30% on a weekly basis.

The sharp decline, however, matched the downturn in the entire market, as Bitcoin (BTC) also looked shaky. XVG traded around 57 Satoshi, as most of its valuation hinges on the price of BTC.

The price of XVG is seen as a short-term speculation opportunity as it hovers near rock-bottom prices. The recently announced hard fork had only a temporary effect on the price. The recent sell-off may be a sign that investors are losing faith in a bullish recovery and exiting now before the decline worsens.

The Verge team reminds users to update to the new version ahead of the coming hard fork:

The hard fork itself is expected at block 3,700,000, which should arrive by December 15.

Other bullish news for Verge by the end of the year will include the launch of XVG on the Abra app. So far, the asset is only available for limited wallets, but Abra announced plans to include the asset internationally by the end of December.

Verge is one of the few coins that has an almost exclusively BTC-based market, with more than 95% of volumes in the crypto-to-crypto pair. Hence, XVG is tied to BTC price risk, with the possibility of Satoshi-based speculation. XVG is capable of relatively large rallies, but its price also crashes as traders return to BTC positions.

Verge is also highly active on Binance, which carries 54% of the volumes, and is also widely traded on HitBTC. But the coin is yet to regain its influence, after the spectacular pump-and-dump about two years ago. XVG spiked to as high as $0.21 on December 24, 2017, after a promotion by John McAfee. The rapid unraveling afterward however, angered traders as Verge led to extreme losses.

The other blows against Verge was the potential for double-spending, as well as an under-appreciated Pornhub announcement, and a rogue mining attack which produced blocks on an accelerated schedule and gave the attacker a disproportionate share of the rewards.

What do you think about the XVG hard fork? Share your thoughts in the comments section below!

Images via Shutterstock, Twitter @Cabrasmanuel @vergeliever @vergecryptourrency

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John McAfee: Bitcoin Custody to Become the Standard – CryptoPotato

Since Bitcoin came into being, we have had a global decentralized digital cash system that can bypass the entire banking system. But like cash, it comes with its own set of risks.

If you lose the keys to your coins, you lose the coins. Seasoned Bitcoin investors know this, but it scares new users who would rather leave their money with third parties that act as custodians, keeping their assets safe for them.

Some people use hardware wallets, but their keys can get lost as well. Seed phrases can be forgotten. We are human and thus prone to error.

Most people, even at this stage, are not tech literate. A lot of people arent aware of the differences between hot and cold wallets, or the best ways to keep their Bitcoin safe.

People cannot handle all this technology. And isnt this the reason why banks came into being? People could lose their money to theft, so some people came up with a custodian to keep their money safe.

Bitcoin provides an open-source alternative to hard money that cant be controlled by big banks and governments. But it is not designed to be so simple that the average person can create wallets, do transactions, and keep their funds safe.

This has given rise to crypto custodians.

A crypto custodian holds your cryptocurrencies and keeps them safe. Given the naivety of the general public, crypto custodial services are on the rise.

According to BNY Mellon, crypto-centric custody solutions are very popular. Experts believe that such custodians bridge the gap between the digital currency industry and institutional investment.

A number of banks have rolled out custody platforms. For example, theres a Digital Asset Vault by Swiss bank Vontobel. Similar services are offered by Coinbase, Fidelity, State Street, and many others. This caught the attention of legendary entrepreneur and popular cryptocurrency commentator John McAfee.

In the comments, he added that crypto custody will help more users join the crypto world. McAfees tweet explains that custody is a major issue that stops fund managers from placing capital in cryptocurrencies.

Crypto custody will change the crypto space for institutional investors. Since custody has typically been managed by exchanges, it entails some security risks. These risks might not be very big for individual users but are considerable for large institutional investors.

Until a large and reliable custodian emerges, crypto custody will continue to be a big issue, and big institutional investors might find it difficult to invest in large amounts of crypto.

Crypto wallets and exchanges have conventionally relied on private keys to protect users holdings. Such keys can be difficult to remember and can be stolen.

Crypto custody reduces the chances of losing your assets forever as it is designed to prevent wallet thefts and lost keys.

Also, custodial services are designed to comply with regulations. According to the U.S. Securities and Exchange Commission, investors who have customer assets over $150,000 need to place them with a custodian.

Crypto custodial providers are sprouting up all over the digital sphere in 2019, with Coinbase being the leading provider. Such platforms serve as storage and security units and are mainly geared towards institutional investors. Some other names in this sector are BitGo and Xapo.

Many of us will be skeptical when we hear the word counterparty. Why involve third parties? Why should they know about our holdings? However, for large investors, custodians can be a blessing.

Custodians will no doubt be a target for hackers, and they will need to take strict security measures as they must protect many peoples assets. Solutions will be elusive with the lack of global regulation on the subject.The traditional financial world doesnt have much experience in the area of crypto custody.

Nevertheless, Northern Trust Corporation has announced that its working on it, and Bank of America has filed a patent.Even as large financial organizations foray into this field, a leader has yet to emerge.

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John McAfee: Bitcoin Custody to Become the Standard - CryptoPotato

John McAfee Speaks On the Beatzcoin IEO Hosting On Probit Exchange – Coinpedia

Recently, VibraVid announced their Beatzcoin IEO is now hosted on the Probit Exchange which will commence on September 30. Owing to which the founder of the McAfee Associates, John McAfee, has urged the audience to strongly look at the Beatzcoin IEO on Probit Exchange.

John McAfee feels that the Blockchain has the power to provide the artists and musicians the ownership of their own creation. He also adds to it saying that

The upcoming @BeatzCoin IEO on Probit.com from September 30 will power the VibraVid platform to liberate countless artists & reward them for their work.

Basically, Probit is a global cryptocurrency exchange located in South Korea, which allows easy and fast on-boarding process for international and US-based users. This exchange has a quick and easy KYC process. Also, has the order speed of over 1.5 million orders per second and advanced security. This supports hardware security keys and 2FA. Also, the exchange has the simplest UI and it lists promising, qualified and deserving cryptocurrency projects.

The Beatzcoin (BTZC) is a TRC-10 cryptocurrency which is useful to transact on VibraVid platform. Also, VibraVid is a decentralized media sharing platform constructed on the TRON blockchain. Basically, this will be a decentralized answer to YouTube and SoundCloud. Recently, Beatzcoin has partnered with Changelly. They aim to allow easy on/off ramp for users holding major cryptocurrencies.

What is you opinion on this launch? Share your thoughts in our comments section.

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John McAfee Speaks On the Beatzcoin IEO Hosting On Probit Exchange - Coinpedia

Charles Hoskinson Interview From Ethereum To Cardano And IOHK – Nasdaq

In our latest interview, we spoke with Charles Hoskinson: a man who has made a significant living investing in crypto, developing his own companies, and, as a hobby, ranching and creating his own anthill art. Charles, who originally graduated from Metro State University in Denver and then studied at the University of Colorado, has helped create three different crypto start-ups andas we will discuss in the interviewhas certainly learned a lot along the way.

While Charles most recognizable startup is todays second-largest coin, Ethereum, it seems his proudest work is what he has done with IOHK and Cardano. We caught up with Charles to learn more about his accomplishments and his views on the future of crypto.

As someone who is incredibly familiar with the crypto industry as a whole, Charles has become a staunch advocate for crypto as the currency of the future. He wisely recognizes that young people, especially in the developing world, statistically prefer storing their wealth in cryptocurrency rather than their national currency or even their national stock market.

Charles Hoskinson discusses in detail how new coins can provide holders with value and increase their value over time. He is a major advocate for decentralization and universal accessibility, two components he believes helps make these coins so appealing to new investors.

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In the interview, Charles Hoskinson and I discuss how Cardano may very well be the cryptocurrency of the future. The makers of the coin, which specifically focuses on extending crypto access to the developing world, recognizes that the coin is especially valuable for individuals living under corrupt regimes or without access to banks.

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Mongolia and Ethiopia are two countries that Charles believes the coin has the potential to take off in. The entire continent of Africa has significant potential for growth. If trading and storing wealth can be extended to the developing world, global wealth discrepancies may someday begin to decrease.

Cardano appears to have bottomed out at 0.04346 after failing to break the new support. On September 19th, it attempted to break inside theIchimoku cloud. However, the future cloud remains bearish. If the current bullish momentum persists, the ADA/USD pair may end up where it topped out. On Jun 26th, the pair started forming a double top chart pattern. It still isnt fully completed because the key support is actually at 0.026. But anything is possible in the world of cryptocurrency.

In the interview, we discuss how John McAfeea well-known crypto advocate and libertarian rebelpredicts that Bitcoin may be worth more than $1 million by the year 2021(increasing in value by roughly 10,000%).

Though Charles is a bit more hesitant than John to predict such a quick value increase, he certainly acknowledges that the crypto market has seemingly unlimited potential. Though Bitcoin has far weaker technology supporting it than many of todays new players, as the main industrys gold standard it will likely lead the way towards the future.

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Follow Charles on Twitter:https://twitter.com/iohk_charles

This brings me back to you. What do you think about the future of Cardano, Ethereum, and Bitcoin? After yousubscribed, head over to the comment section, give me a shoutout and let me know.

Remember that as the 4th point of theIDDAtechnique, you mustcalculate your risk tolerancebefore deciding on the investment strategy that is suitable for your portfolio. Dont forget to complete yourrisk management due-diligencebefore developing your investment strategy.

This article was originally published on InvestDiva.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Charles Hoskinson Interview From Ethereum To Cardano And IOHK - Nasdaq

Bakkt to Launch Bitcoin Futures in Three Days, John McAfee: It ould Jump-Start Crypto Adoption – U.Today

Atomic wallet successfully launched the loyalty program for its users, and it is based on Binance Chain. A multi-level membership program provides cashback for AWC owners, which can reach $300 a month.

Regarding the innovations, Atomic Wallet CEO, Konstantin Gladych, said the following:

As Atomic Wallet is rapidly growing and getting popularity within the crypto community, our membership program will help to all crypto enthusiasts not only enjoy using Atomic but also to get benefits of AWC token.

To start receiving cashback from Atomic, the users account must have none the less 1000 AWC tokens; payments are made for using the built-in exchange service. The algorithm is quite simple; the more users hold tokens, the more they will receive at the end of the month.

Screenshot of Atomic Wallet application

Atomic has divided its loyalty program into four main levels: Bronze, Silver, Gold and Platinum. Depending on how much AWC you hold, the cashback may rise from 0.25% to 1%, and the limit too. On the Bronze level, it will be $100, but moving forward to Platinum it gonna rise to $300 cashback limit per month, which is pretty nice.

For those who do not know, Atomic is a universal cryptocurrency wallet that supports more than 500 coins and tokens without deposits and is suitable for most OS.

Continued here:

Bakkt to Launch Bitcoin Futures in Three Days, John McAfee: It ould Jump-Start Crypto Adoption - U.Today

Overstock Shares Crash as Former CEO Cashes Out Goes All In on Crypto and Gold – CCN.com

Ousted former CEO of Overstock, Patrick Byrne, revealed via a regulatory filing on Wednesday that he offloaded his entire holdings in the internet retailer he's been at the helm for since 1999.

In a post directed to former colleagues of the company, Byrne stated that by Friday, Sept. 20 all proceeds, minus tens of millions in taxes, will have made their way into counter-cyclical investments including gold, silver and two flavors of crypto.

The kooky businessman didn't, however, reveal which cryptocurrencies would receive a bid thanks to the cash injection.

Byrne's resignation last month followed a series of public self-disclosures of his involvement in FBI-linked espionage.

Indeed Byrne's tagline on his DeepCapture blog states: I am a concerned citizen who has been hunting the oligarchy since 2004 and the Deep State since 2006.

Byrne is well-known for punting security tokens in his days at Overstock but may elect to go the privacy coin route when transferring his wealth.

The crypto is stored in the place where all crypto is stored. In mathematical mist, behind long keys held only in the memory of someone who is quite good at storing such things. (With paper backups in the hands of a priest I met 35 years ago who never sits foot in the West).

Byrne should probably resist the temptation to reveal details about his private keys, however.

The entire episode reminds one of that other crypto conspiracy celebrity, John McAfee, who regularly reveals Twitter location clues as the CIA chases him around the globe.

As for the gold and silver, moving precious commodities in any large number for Byrne may prove tricky. He has plans in place for that too.

The gold and silver are stored outside of the United States. In Switzerland, and within two weeks, will be scattered in other locations that are even more outside of the reach of the Deep State.

The fire sale, which took place over three days, is worth around $90 million.It highlights the effect that dumping 5 million shares has on the market.

Overstock is down nearly 35% since Monday. Byrne sold progressively lower until he was finally liquidated around $16 a share.

Overstock witnessed a parabolic run to $80 a share in 2017, which coincided with the altcoin boom-bust phenomena. It has since stumbled in the aftermath.

Apart from this particular period, shares have largely traded sideways in the 25 years since listing.

Gold, on the other hand, is up 300% in the same period. Ultimately, though, the mantle for the best-performing asset of this century must go to bitcoin.

Whether Byrne chooses the flagship cryptocurrency or not still remains to be seen.

September 19, 2019 5:55 PM

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Overstock Shares Crash as Former CEO Cashes Out Goes All In on Crypto and Gold - CCN.com

Tezos Pumps On Binance Listing, But What About US Crypto Exchange? – newsBTC

The worlds most popular cryptocurrency exchange, Binance, has listed smart contract-focused altcoin Tezos (XTZ) to its flagship website, causing the price to spike as much as 5% in the first couple hours after a listing announcement was made.

However, Tezos is notably missing from the list of the 30 altcoins Binance US is currently considering for listing, suggesting there may be little hope or at least an extended wait before Binance customers in the US can load up on the altcoin aimed at unseating Ethereum.

This morning, Binance CEO Changpeng Zhao shared the news that the Malta-based cryptocurrency exchange would be listing Tezos for trading under three crypto trading pairs. Tezos will be paired for trading with Bitcoin, the stablecoin Tether, and the firms native cryptocurrency token, Binance Coin which has been the top performing altcoin of 2019, beating out even Bitcoin itself.

Related Reading | Binance US Evaluating 30 Crypto Assets, Bitcoin and Ethereum Under Scrutiny?

Trading goes live on September 23 at 11:00AM UTC, and users may already begin depositing to their Binance accounts Tezos in anticipation of trading.

Tezos has already started to pump following the listing and is up as much as 5% within the first few hours after the announcement. Tezos was also listed on the San Francisco-based Coinbase at the start of August and trading opened to a 16% rise in value, suggesting that the Binance pump still has a ways to go before the listing rally fizzles out.

Tezos has only been listed on Binances flagship website a platform that recently blocked US-based customers from trading or making deposits and not the recently launched Binance US platform. Customers of the US-based exchange may be left waiting quite some time for Tezos to be listed on the stateside version of Binance.

Binances new exchange for US customers not only currently lacks a coinciding Tezos listing, but its also not even amongst the 30 cryptocurrency tokens the platform has revealed to be exploring for listing in the future.

While Binances move to separate US customers from its flagship website was necessary due to increased pressure from global finance market regulators, this latest Tezos listing demonstrates the glaring gap that could form in product offerings between the two platforms.

Related Reading | Can Coinbase Capitalize On Binance Becoming Less Attractive To US Crypto Investors?

US investors who make up the lions share of the crypto market would need to search elsewhere, such as Coinbase, to load up on Tezos. The more situations like this arise, the more likely crypto investors in the United States will turn to Coinbase instead of Binance putting the leaders stronghold over the market at risk.

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Tezos Pumps On Binance Listing, But What About US Crypto Exchange? - newsBTC

Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More

Ripple vs SWIFT: The War Begins
While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments.

It coordinates wire transfers across 11,000 banks in more than 200 countries and territories, meaning that in order for XRP prices to ascend to $10.00, Ripple needs to launch a successful coup. That is, and always has been, an unwritten part of Ripple’s story.

We’ve seen a lot of progress on that score. In the last three years, Ripple wooed more than 100 financial firms onto its.

The post Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More appeared first on Profit Confidential.

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Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More

Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More

Cryptocurrency News
On the whole, cryptocurrency prices are down from our previous report on cryptos, with the market slipping on news of an exchange being hacked and a report about Bitcoin manipulation.

However, there have been two bright spots: 1) an official from the U.S. Securities and Exchange Commission (SEC) said that Ethereum is not a security, and 2) Coinbase is expanding its selection of tokens.

Let's start with the good news.
SEC Says ETH Is Not a Security
Investors have some reason to cheer this week. A high-ranking SEC official told attendees of the Yahoo! All Markets Summit: Crypto that Ethereum and Bitcoin are not.

The post Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More appeared first on Profit Confidential.

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Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More


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