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John McAfee stops his “Coin of the day” tweets following backlash

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Last week, John McAfee began his “Coin of the day” tweets, the place on daily basis he would advocate a brand new coin.  This was met with some backlash as individuals labeled it “McAfee pump and dumps” when it appeared a big quantity of individuals had been shopping for instantly following the tweet, after which promoting minutes or hours later after the worth had jumped up.  Causing McAfee to regulate his plan right now, tweeting:

Due to heavy strain from crypto adherents, exchanges, builders and each different nook of the earth (and God himself chastised me in my desires final night time), the “Coin of the day” will grow to be “Coin of the week” beginning instantly. You can search for it each Monday morning.

So, look out for the “coin of the week” now as a substitute.

Critics have mentioned this technique solely attracts individuals seeking to make a fast buck, and makes it more durable for long run traders to judge the true worth of the coin after McAfee promotes it.

John McAfee is greatest recognized for creating the worlds first industrial antivirus software program, however left the firm he based in 1994 and has since been concerned in cellular apps, different medication, and cryptocurrencies.

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Updated: December 27, 2017 — 7:40 am

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