John McAfee: Bitcoin [BTC] will win in the long term; price manipulation is not a concern
In a series of tweets, the presidential candidate of the United States stated that Bitcoin will stand the test of time and that proponents must have faith in their technology. He added that global forces will not stop the power of decentralized currency, comparing the increase with increasing cryptocurrencies in the era of railways driven by coal. He tweeted:
“You say that the world powers will stop Bitcoin” New technologies are always impossible, all the laughter in the world, plus a great war with the most powerful industry in the world at that time – Railways – did not stop Model-T to usher in the era of automobiles. “
McAfee also addressed price manipulation in the cryptocurrency market, and asked investors to “relax and be patient.” I have witnessed the power of superior long-term cryptocurrency.
“People are complaining about the Bitcoin price manipulation by powerful players.” Forget it. ” there is Not enough power on earth that can stop Bitcoin in the long term, Relax and be patient.
The cryptocurrency proponent’s tweet follows a statement by Jay Clayton, President of the SEC, who spoke last week about the manipulation of prices in the virtual currency market. Clayton said that the main reason why the SEC was hesitant to approve the BTC products was the risk of market manipulation and currency market volatility.
McAfee had previously called Clayton, demanding a debate with him. However, the debate never materialized. I also referred to the SEC as a “corrupt bile dripping abscess filled with pus.”
Bitcoin always the bull, McAfee is competing for the President of the United States in 2020, but only to promote the use of cryptocurrencies through his campaign.
In early 2018, McAfee predicted that Bitcoin would reach a price of $ 500,000 for 2020 and break the barrier of $ 1 million, by the end of the year. I added that if it is wrong, “I still eat my d ** k if wrong”.
Many advocates of cryptocurrency expect a price increase later this year as we approach the highly anticipated reduction of Bitcoin in May 2020. McAfee, in an exclusive interview with AMBCrypto, adding that “the halving help my prediction.”