Recently, John McAfee said there are 1500 cryptocurrencies and he has read all the 1500 Whitepapers.
But so have I! And I will try to predict which coins will be amongst his next picks.
So far, John McAfee has mentioned the following five coins in this order:
- Electroneum
- Burst
- DigiByte
- Reddcoin
- Humaniq
If we look closely at the coins, they share a lot of common traits if we exclude Electroneum.
Here are the similarities:
- All of them (ETN excluded) are traded on Bittrex. And they are not traded on many other exchanges.
- All of them (ETN excluded) had already had some price surge in both dollar and BTC terms just before his review. I am not implying anything here, just stating what the charts show.
- Digibyte, Reddcoin and Burst are old and established coins. Electroneum doesn’t fit the pattern again.
So, if we assume Electroneum was thrown out there for distraction, we see old coins, that had had a recent pump and are traded on Bittrex. These are the coins that fit the pattern, hyped by John McAfee.
SO WHAT ARE ANOTHER COINS THAT MEET THIS CRITERIA?
I have identified two of them.
The first one is Peercoin. It offers a different consensus algorithm – Proof-of-Stake-Velocity. And John seems to like coins that are unique and adding something new to the industry. It is also a dinоsaur coin started in 2013. And of course, it is traded on Bittrex.
The second one is VeriumReserve. It is a dual-chain coin with Vericoin, which is a dinosaur 2013 coin as well. Traded on Bittrex. Unique Proof-of-Stake-Time consensus algorithm. A slight modification of Peercoin’s Proof-of-Stake-Velocity. I will argue a better version of it.
I have been watching Vericoin and VeriumReserve’s price movement very closely the past few months and I can see something very strange happening right now. Usually, Vericoin was always the first one to soar in price and a day or two later VeriumReserve was catching up. Not this time. Vericoin hasn’t moved from the 0.90$ - 1.10$ price range and VeriumReserve went up almost 2x in the last couple of days. This pump doesn’t seem natural to me. There is absolutely nothing going on with these coins. No news have been released recently. These two are usually very calm coins.
So, will they end up on John McAfee’s list? What are your thoughts? And which coins do you think will be the next pumps?
EDIT 31.12.2017: If he is being paid to hype coins, then obviously we can't predict anything at all.
Keep in mind this is pure speculation, based on some logic and observation, but it is still a wild guess. It is not a financial advice and is for educational purposes only.
It seems whatever he says people are buying so might be worth looking into for a cheap price if you like the gamble.
Can't believe you read EVERY whitepaper!?! Awesome.
Really like your post, and we also came up with our overnite recommendation to buy Vericoin (not Verium) just today, maybe you'd be interested...
https://steemit.com/cryptocurrency/@harpooninvestor/poopcoin-overnite-vericoin
as for McAfee, we think it's unlikely he'd do Verium simply bc it's gone up too much, no?
Can you post something about Electroneum next, we're following you now, and it seems intriguing.
Who would know. Guess everyone is glued to anything he says at the moment?
Resteem your post @angeldinkov I invite you to follow me so that you don't miss the latest news about cryptocurrencies... Greetings.
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Not sure if John is pumping and dumping these coins himself. If you are going to speculate, do it with your spare change...
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