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

Enjoy reading? Please share:

Continue reading here:

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.

Go here to see the original:

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

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.

Get Daily Crypto News On Facebook | Twitter | Telegram | Instagram

See more here:

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

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

Read the original here:

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

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.

See the article here:

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.

View original post here:

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.

Suggested Videos:

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.

Suggested Videos:

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.

Suggested Videos:

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.

Read the original here:

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

View original post here:

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.

See more here:

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

John McAfee slams US authorities as government closes in

Cyber security pioneer and crypto advocate, John McAfee, believes that theUS government will soon act in order to silence me.

I want you all to know that everything I have done, I have done for the cause of freedom. I want a world in which authorities discover crimes, not manufacture them. A free world, he told his almost one million Twitter followers this morning.

McAfee is on the run from US authorities who earlier this year indicted him, his wife and four members of his staff for tax fraud.

If I am physically silenced, my words will continue. I have, over the past two years, prepared over 2,000 short statements covering what I anticipate will happen. If my Twitter is shut down, these statements will be delivered to the press, one at a time. You will know it is me, he commented.

And he added: Those who believe I am imagining all this: keep commuting to your offices, spend nine hours in a cubicle, commuting home. Five days a week. For 40 years. Getting your reality from TV, and your opinions from others. You cannot conceive of my life.

McAfee went on to label the IRS, the SEC, the FBI and NSA festering pustules on the face of AmericaAre you angry yet? God Almighty I hope so. I pray for an angry oponent. Think you know where I am with your spyware and all? LMFAO! I am waiting to document, for the world, your corruption.

To my government: you are not America not our country. You are the custodians of our country. You are servants of the people, who chose you to serve us. F****g act like it! he declared.

In an interview with Coin Rivet during March, McAfee claimed the world didnt need income tax.In fact, it would be abolished should his run for the White House be successful next year.

In America, prior to the Civil War, we had no income tax we survived fine, he said.There are a thousand ways to vastly improve our country and our government with no taxes.Road use we have millions of miles of roads in America. What if we pay based on the use of the roads? Why should someone who never uses them have to pay the same as someone who does a million miles a year?That would generate enough revenue to pay for everything.

And asked about his presidential campaign and the idea that, although he intends to run for office, he has no intention of being the President of the United States of America, he responded:It doesnt matter who is President.Think about it. Even when someone becomes President you lose all of your power you have thousands of little strings attached to you by members of your party, people whove donated and the power structure that already exists.

The post John McAfee slams US authorities as government closes in appeared first on Coin Rivet.

Read this article:

John McAfee slams US authorities as government closes in

John McAfee asks his Twitter followers to stop sending him …

FILE -- John McAfee announces his candidacy for president on Wednesday, Sept. 9, 2015 in Opelika, Ala. He also wants his fans to stop sending him Bitcoin.

FILE -- John McAfee announces his candidacy for president on Wednesday, Sept. 9, 2015 in Opelika, Ala. He also wants his fans to stop sending him Bitcoin.

Photo: Todd J. Van Emst, Associated Press

FILE -- John McAfee announces his candidacy for president on Wednesday, Sept. 9, 2015 in Opelika, Ala. He also wants his fans to stop sending him Bitcoin.

FILE -- John McAfee announces his candidacy for president on Wednesday, Sept. 9, 2015 in Opelika, Ala. He also wants his fans to stop sending him Bitcoin.

John McAfee asks his Twitter followers to stop sending him Bitcoin, despite him daring them to

There's not much I admittedly understand about John McAfee and his ways of the world, from admitting to his Twitter followers that he's armed at all times from the shower to the bed to his, ahem, signature 2020 cocktailof mezcal, vodka, Scotch, Kahlua and blue curacao.

But you can't argue that he's boring.

McAfee has long been a Bitcoin enthusiast and champions most things cryptocurrency, and has been more recently hyping a debit card-like Visa that one can load with Bitcoin, is apparently usable anywhere and converts to local currencies.

(The first 12,000 "debit cards" apparently will bear his image on the front, for those that want it, apparently.)

McAfee took out his development team for drinks Monday, according to his Twitter account, and used the new Bitcoin debit card for its first outing. In the process of showing off the card, he also offered up an interesting proposition to his followers: Why not send me some Bitcoins to test it?

"People asked to see the back of the card," McAfee wrote in a tweet. "Here's front and back on the counter at the first bar ever to accept a Bitcoin credit card. The code on the back is for one of my test wallets. If you want to send me Bitcoins as a test please do so :)"

People asked to see the back of the card. Here's front and back on the counter at the first bar ever to accept a Bitcoin credit card. The code on the back is for one of my test wallets. If you want to send me Bitcoins as a test please do so:) pic.twitter.com/x5IDdqszMp

It seems a number of people took McAfee up on his offer, and within three hours, he was begging people to stop.

"When I suggested in my last tweet that naysayers saying the scan code on the back of my Bitcoin Visa card was not even real, should just try sending Bitcoins and see -- sure as heck, the BTC started arriving," McAfee wrote.

"I insist this stop. Already the IRS hates me," he added.

It's true, the IRS is no fan of McAfee; the former antivirus magnate was indicted by the IRS for not paying taxes and he is currently living in international waters, while also running for president in 2020. The controversial McAfee is also a "person of interest" for the 2012 murder of his neighbor in Belize.

The Securities and Exchange Commission is also not a fan of McAfee: He's claimed he's been forced into hiding due to his involvement with cryptocurrency and problems with the SEC, and apparently encouraged his Twitter followers to harass SEC Chair Jay Clayton last year, and demand a debate between McAfee and Clayton.

Read more:

John McAfee asks his Twitter followers to stop sending him ...

Bitcoin Price Will Reach $1 Million in 2020, Or Youre an …

By CCN.com: $1 million. Thats what John McAfee believes each bitcoin will be worth by the end of next year. And McAfee better be right, because if the bitcoin price isnt at that level in the next 20 months, he will have to eat his d**K on national television.

Well, thats what he had said three years ago when he first claimed that the bitcoin price was going to $500,000 by the end of 2020, before doubling down on his projection a few months later. With his manhood on the line, it is not surprising to see that John McAfee keeps trying to tell us to value bitcoin the correct way.

John McAfee uses every positive bitcoin price forecast to parrot his own $1 million target, telling Twitterverse that anyone not buying into his price target is stupid.

This is the second time in less than a month when McAfee is telling us why bitcoin will definitely hit the million dollar mark by 2020.

Read the full story on CCN.com.

View post:

Bitcoin Price Will Reach $1 Million in 2020, Or Youre an ...

Bored? John McAfees New App Will Harass & Reward You in BTC

Antivirus software billionaire John McAfee has gained a reputation for being a rather vociferous character within the cryptosphere. When SEC Chairman Jay Clayton stated in CNBC interview last year that he believes that ICO tokens are securities, McAfee [welcomed] the opportunity to RIP the SEC a new a#%hole and shouted over Twitter that the Commission had better back the f!@% off.

Now you, too, can be harangued by John McAfee, thanks to Bitcoin Play, a new Android app that he released on Saturday, May 4. According to McAfee, the app has a family friendly option and an adult version in which McAfees dulcet tones can be heard cursing at [the users] ineptitude.

Discover Barcelona Trading Conference A Top Tier Crypto Trading Event

The app appears to be a way to engage new users with Bitcoin. Bitcoin Play will reward its users with tiny amounts of Bitcoin in units called Satoshis in exchange for correctly answering various trivia questions on topics like sports, general knowledge, and entertainment. The BTC is then sent to the users wallet of choice, which means that users will have to set up a Bitcoin wallet in order to receive their rewards. (We see what you did there, John McAfee.)

Indeed, although McAfee didnt explain that this was the apps purpose, the fact that users will be rewarded in BTC could expose a new group of people to owning and using the asset even in small amounts. Users are further incentivized to use the app by having the opportunity to compete against other users in John McAfees Weekly Competition League and win extra rewards and prizes.

The BTC payout amount slowly increases as users continually correctly answer corrections, which also acts as an incentive for users to engage with the app over longer periods of time. However, the difficulty of the questions also increases as users continue to correctly answer questions.

So far, a total of 33 users have collectively given the app a rating of 4.1 on the Google Play store.

See the rest here:

Bored? John McAfees New App Will Harass & Reward You in BTC

Bitcoin Below $1M by 2020 is Impossible, It’s Pure …

Photo: Gage Skidmore / Flickr

While the crypto community has divided into those who strongly believe in cryptos and see Bitcoin as the future of finance and those who are generally skeptical about digital currencies, John McAfee, a British-American businessman and cybersecurity expert, has his own opinion on the future Bitcoin price. His prediction of $1 million Bitcoin price by 2020 is based on mathematics.

John McAfee believes that the Bitcoin price will achieve at least $1 million by 2020, which is justified by mathematical formulas. Highlighting the difference between behavioral economics of digital currency and traditional financial markets, McAfee stated that we can not apply stock market paradigms to predict Bitcoin price movements.

According to the experts previous statements, the actual value of Bitcoin is based on the cost of its production (or mining), as well as on the total number of users and transactions on its network. McAfee has also stressed that Bitcoin was not a speculative investment but an instrument that powered a payment protocol working without banks.

Then, McAfee stated that the US dollar is widely used because people trust the regulator that issues and governs its value. When Bitcoin achieves massive adoption, its demand will surge, and there will be no need to issue dollar bills.

As a result, there will be a protocol that puts a pre-defined supply cap over Bitcoin printing 21 million units and allocates the task of minting it to miners. Due to the protocol, funds will be transferred more cheaply than by a bank, which will also foster Bitcoin adoption.

John McAfee said:

People will start using bitcoin for payments and receipts. They will stop using the US dollar, Euro, Chinese Yuan which, in the long-term, devalues these currencies.

Further, McAfee analyzed the currencys recent performance. At the moment of writing, Bitcoin makes up $ 5,238, growing by 2.68% in the last 24 hours. It has recovered from the recent trading low of $4,948. According to McAfee, we will need to see a move above $5,360. The expert believes that the coin will have steady growth, thats why it is impossible for the Bitcoin price to stay below $1 million by the year 2020.

However, it is not unclear why 2020 should become the year when the number one digital coin hits a $1 million mark. For example, if valued at near $5,000, Bitcoin would need to grow by 19,900 percent until December 2020, with an annual average growth rate near 9,950 percent, which seems to be impossible.

In 2020, the US presidential elections will take place, and John McAfee, who participated in an electoral campaign in 2016, will run for the presidency again. During the next elections, McAfee is planning to use the run in order to promote the rights of the crypto-currency community.

As we reported earlier, McAfees political views align with more of a libertarian view, in which he believes the government should have little power or be completely non-existent. In his mind, cryptocurrencies have the power to do this.

Even if McAfee becomes the US president, he will not be able to make the price of Bitcoin make a rapid growth so quickly.

There is a chance for Bitcoin to reach one million, but 2020 is too early for that.

Continued here:

Bitcoin Below $1M by 2020 is Impossible, It's Pure ...

John McAfee Dares Bitcoin SV Creator Craig Wright to …

By CCN.com: The war of words between 2020 U.S. presidential candidate John McAfee and self-proclaimed Bitcoin creator Craig Wright is not going to let up anytime soon.

After Wright branded the cryptocurrency influencer a conman, McAfee has hit back challenging the self-declared Satoshi Nakamoto to repeat the same to his face.

The insult was hurled by Wright during an interview with Finder. As CCN reported, this was during a bile-ridden attack on Binance.

Then, Wright alleged that the cryptocurrency exchange engaged in price manipulation with McAfee as an accomplice:

So they (Binance) do basically the pre-announcement stuff, some of which Mr. Conman John McAfee there helps with he will scam something up pump up the price, get people to put their savings and investments into, and they will short the crap out it.

Using a screengrab of the CCN report, McAfee has now invited Wright to a cup of tea. During the meeting McAfee expects the self-declared Satoshi Nakamoto to expound on the conman claim.

In the tweet, McAfee revealed he was staying less than a quarter of a mile from Bitcoin SV figurehead Calvin Ayre. Around that time Ayre, who is also Wrights business partner, stated that he was heading to Antigua from the U.K.

Upon fleeing the United States in January this year after the Internal Revenue Service started pursuing him supposedly over tax evasion, McAfee has mostly been holed up in the Caribbean. Late last week, the cryptocurrency maverick revealed that he would be traveling to various Central American and Caribbean countries.

Most of McAfees recent Twitter activity has featured Cuba, which is about 1,000 miles from Antigua. McAfee and his team landed in Cuba after their boat, Freedom Boat AKA The Great Mystery, developed engine trouble.

Wright insulted McAfee after the latter rejected the formers claim to be Satoshi Nakamoto. Mid this month McAfee stated with certainty that the mysterious bitcoin creator is 100 percent NOT Craig Wright.

Besides rubbishing his claim to be Satoshi, McAfee has also on several occasions attacked Craig Wrights baby BSV. While Wright was suing critics, McAfee questioned the altcoins integrity saying if there ever was a scam it is BSV!.

The cryptocurrency maverick has also stated that Bitcoin SV has harmed the crypto sector. Additionally, John McAfee has also urged a boycott of OKex. This was after the cryptocurrency exchange refused to delist BSV, differentiating itself from Binance, Shapeshift and Kraken.

While it is unlikely that Wright would accept McAfees tea invitation, it would be a highly anticipated event if it were to happen. And even though Ayre being on home ground (he is a Canadian-Antiguan citizen) he is also unlikely to encourage it.

In the past, the two men have made no secret of what they feel about each other, with McAfee being particularly vicious. The cryptocurrency maverick is suing Ayre for $800 million over libel accusations. John McAfee has also made little effort at hiding his glee at Ayres recent bad press.

Originally posted here:

John McAfee Dares Bitcoin SV Creator Craig Wright to ...

John McAfee Triggers Countdown to Unmask Bitcoin Creator …

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: "CCN+Hacked". Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: "CCN+Hacked". Sign up here.

By CCN: Taking a breather from making $1 million Bitcoin forecasts, it appears that John McAfee has a new narrative to pursue. Namely, the polarizing tech entrepreneur is aiming for the greatest mystery in all of Cryptocurrency, Who is Satoshi Nakamoto?

The shadowy BTC creators anonymity has created a thriving market for those people claiming to be the architect of that famous whitepaper. Now it appears that Craig Wright and the gang are going to be redundant shortly because McAfee is getting frustrated and wants the truth out in the open. A series of extraordinary tweets ensued from the original, so get some popcorn ready.

Does McAfee know who Satoshi is? The smart money is almost certainly on no, but as ever with John, his background, charisma, and following will still make this new narrative unmissable viewing. Evidently, some people are concerned about his outing of Satoshi but, at this stage, we dont have any proof or evidence to support that Mr. McAfee knows anything. I take that back, another tweet.

Conspiracy theories are so powerful because they are typically an exciting story electrified with uncertainty and speculation. The Bitcoin origin story is on another level because we have a project of staggering success for which no-one can officially take credit.

For me, the story centers around Nakamotos wallet. While the hundreds of thousands of BTC coins remain there untouched and unmoving, this storyline is on ice. If and when we see some action in the wallet, then this would be the most definite way for the founder to communicate with the community. The fact this hasnt happened yet is fascinating. Is it fear or restraint? Maybe they no longer have access or are even dead. Alternatively, as a giant holder of Bitcoin could it be an attempt to restrict supply in some way?

John McAfee believes the time is nigh for Satoshi Nakamoto to reveal him/her/them/its-self . | Source: Flickr

What we do know is that John McAfee can leverage this uncertainty for tremendous attention ahead of his likely presidential run. Lets enjoy a flight of fancy and assume he does know whats going on. These tweets are going to have to go somewhere. McAfee has set the countdown here and has narrowed it down to Satoshi Nakamotos country of residence.

Sadly, there is an evident back-door exit for J Mac in all of this. He can merely state that hes changed his mind and it would be too dangerous or damaging to reveal Bitcoins founder. That would be boring but is what we all must expect at the end of this. What we have learned is that its not worth contacting Mr. McAfee and pretending to be Satoshi because he can sniff you out from a mile away.

True or not, its going to be very entertaining to watch this play out. I hope it turns out to be an Alien AI. A regular old homo sapiens would be such a let-down.

Read the original:

John McAfee Triggers Countdown to Unmask Bitcoin Creator ...

John McAfee – IMDb

Edit Storyline

Antivirus pioneer John McAfee who found himself at the centre of Central America's hottest manhunt in recent history. McAfee was named a "person of interest," but not a suspect, by police officials in Belize following the murder of his neighbor. McAfee went on the run for three weeks before crossing the border to Guatemala. Guatemalan authorities detained him soon after entry, and fighting against deportation to Belize. Has the security software guru become a gun-toting, paranoid killer who says strange things and bends reality? Is he a genius that has just saved America, while exposing one of the biggest scandals of all time? Or, has he just acted out the greatest mindgame of all time? Running in the Background (Working Title) It is the only official account, based John McAfee's personal diary, of the life and times of the man himself -starting from his childhood to running from his life in the most televised manhunt in history while revealing all unanswered questions and secrets. Written byImpact Future Media

Read more here:

John McAfee - IMDb

John McAfee ‘knows true identity of Bitcoin creator Satoshi …

Tech mogul John McAfee is famed for firing guns, guzzling drugs, fleeing a murder charge and trying to have sex with a whale.

But could he soon go down in history as the man who finally exposed the true identity of Satoshi Nakamoto, inventor of Bitcoin?

The wild man of the tech industry has threatened to unmask the cryptocurrencys shadowy creator, vowing to tell the world exactly who is behind Bitcoin unless they voluntarily out themselves.

In a series of tweets, British-born renegade McAfee claimed one person who is currently living in the US wrote the white paper which set out the cryptocurrencys rules, but a team then built and developed it.

McAfee said that everybody on this team was from India.

The identity of Satoshi has remained a mystery for more than a decade. The person, or people, who use the pseudonym are thought to be sitting on a cryptocurrency stash worth billions of pounds.

McAfee wrote: The Who is Satoshi? mystery must end!

First: It is NOT the CIA nor any agency of any world government. It IS a collection of people, but the white paper was written by one man, who currently resides in the US.

If he does not come forward these narrowings will continue.

He added: I protected the identity of Satoshi. Its time, though, that this be put to bed. Imposters claim to be him, we are spending time and energy in search of him Its a waste. Every day I will narrow down the identity of Satoshi until he reveals himself, or I reveal him.

For a sense of McAfees colourful life, you just have to look at his Twitter feed. Weve put a few of our favourites below, which shows the tech legend discussing an abortive attempt to have sex with a whale as well as his love of sex, guns, drink and drugs.

McAfee was a programmer at Nasa in the late 1960s before launching his anti-virus company in the 1980s and going on to sell it for roughly $100million, reportedly spending his fortune on nine luxurious homes, multiple planes, vintage cars, expensive art and even a dinosaur skull.

But in 2009 he allegedly lost money in the financial crisis before moving to Belize, where he lived surrounded by young women and protected by armed bodyguards.

His home was raided in 2012 by the Belize Police Gang Suppression Unit because he was suspected of cooking meth, but no drugs were found and he was never charged.

McAfee believes the raid was part of a conspiracy to destroy him because he refused to be extorted by the Belize government.

He went on to become an international fugitive in 2012, fleeing from Belize police over the murder of his neighbour.

Four years later he ran for President of the United States as a representative for the Libertarian party and achieved its best ever result.

Read this article:

John McAfee 'knows true identity of Bitcoin creator Satoshi ...

Will McAfee Disclose Nakamoto’s Identity? Crypto Will Suffer …

In a series of intriguing tweets, John McAfee dropped a bombshell yesterday by claiming knowledge of Satoshi Nakamotos identity. McAfee intends to end speculation on Nakamotos identity once and for all, which he feels is necessary for the crypto space to move forward. He goes on to say he will divulge information until Nakamoto comes forward. Failing that, McAfee himself will disclose Nakamotos identity.

John McAfees outing of Satoshi Nakamoto has reignited speculation on cryptos greatest mystery. At present, the only widely known report pertains to him being an unknown person, or group, who developed Bitcoin. According to a profile on P2P Foundation, which is an organization studying peer-to-peer technology, Nakamoto claims to be a Japanese resident born on the 5th April 1975.

However, given his perfect English, with the use of colloquialisms, some speculate he is not Japanese. Or in the very least, a member of his team originates from the British Commonwealth.

Following the timeline of his last known actions, he continued to contribute to the coding of Bitcoin until mid-2010. It was then Gavin Andresen received control of the source code repository and network alert key. After that, Nakamotos involvement with Bitcoin ended.

The mysterious circumstances of his sudden disappearance have only added to Bitcoins allegorical notoriety. But, this hasnt stopped speculation on several names including Nick Szabo, Craig Wright, Dorian Nakamoto, and Hal Finney. With some even claiming Bitcoin is a US Intelligence project.

According to McAfee, the secret of who Nakamoto is perpetuates a pointless exercise. To which, the entire crypto industry would benefit from knowing his identity. In one of his tweets, he said:

I protected the identity of Satoshi. Its time, though, that this be put to bed. Imposters claim to be him, we are spending time and energy in search of him Its a waste. Every day I will narrow down the identity of Satoshi until he reveals himself, or I reveal him.

However, given McAfees past form for sensationalism, its fair to question whether he knows Nakamotos true identity. But, at the same time, McAfees cypherpunk credentials do stack up, giving plausibility to his claims. Especially so, considering his active involvement in the industry during Bitcoins formative years.

Whether McAfee will out Nakamoto, or not, this much is clear, Nakamoto wishes to remain anonymous. According to Alex Lielacher, his motives for anonymity are based on safeguarding the Bitcoin project and allowing it to operate on its own merit. He wrote:

it is arguable that he remained anonymous in order to avoid the possibility of him becoming the de facto leader of the system and, thereby, having people place their trust in him as the creator as opposed to the ledger. Moreover, any announcement by Satoshi would likely be regarded as investment advice by those who held the digital currency and may have resulted in price movements.

Image courtesy of CoinSutra.

Read more:

Will McAfee Disclose Nakamoto's Identity? Crypto Will Suffer ...