Is John McAfee's Coin a Day Plan Good or Bad for Crypto?

in #cryptocurrency7 years ago

John McAfee began his promised coin evaluation series today and the results were absolutely predictable.

 https://twitter.com/officialmcafee/status/943630578364112898 

He gave a ticker, and it exploded.  Today focusing on Electroneum.

 https://twitter.com/officialmcafee/status/943860891119964160 


While I appreciate a news and focus on the crypto market in general, should we be concerned that one tweet can add millions in market cap to a coin?  How are we to tell it's not just a personal enrichment scheme?  People were critical of Coinbase's ability to move markets simply by adding Bitcoin Cash, is this not worse?  That a screenshot pic in a tweet can move millions of USD worth of volume and allow a coin to climb the market cap ladder seems a bit ridiculous.  


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Hm, I will follow his tweets - thanks :)

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