John McAfee tweeted yet another buoyant statement with the ongoing price fluctuations and the market looking gloomy. His tweet focuses on the EOS launch. There are speculations surrounding the gloomy market as on this day, one such reason as written by John McAfee is the CFTC investigating Bitstamp, Coinbase, itBit, and Kraken.
John McAfee recent Tweet also read:
“Do not panic about the drop in Bitcoin’s price. It is an overreaction to the news that Bitstamp, Coinbase, itBit and Kraken are being investigated for price manipulation. This will delay the bull market by no more than 30 days. Don’t buy into the fear. Buy the coins.”
United States Commodity Futures Trading Commission [CFTC] is investigating the manipulation of price charges by cryptocurrency related exchanges. CFTC has demanded a massive data from these exchanges, and as per the latest update. The discord between CME and other cryptocurrency exchanges have provided CFTC to open the investigation. However, the sore point is that CME doesn’t have the agreements which direct the crypto exchanges to share price related data.
These speculations have sent Bitcoin stumbling below $7,000. BTC fell by more than 7% overnight, to $6,797.57.
John McAfee’s tweet comes as a support to the EOS investors as they are expecting a rise in EOS prices post the mainnet launch. EOS supporters have been expressing joy from all over the world following the launch of their blockchain.
Prakash Ghai, a photographer, and a Twitter user commented:
“Your tweet should soothe the nerves of some
$EOS Hodlers !”
G I, another Twitter user expressed:
“Hold me John. I’m scared.”
A Twitter user asked John for his predictions following the ongoing events, to which he answered:
“Sane is three weeks ago, except Bitcoin turn will happen mid to late July.”
Julesjules, another worried crypto investor commented,
“I sure hope you are right, sir. I have been in this community a very long time, supporting it, buying everything I could with it and now I am feeling a bit beaten down. I underestimated the time it would take. I have never worried until now. Don’t know that I will last this one.”
The post John McAfree the optimist – EOS launch, CFTC investigations and more appeared first on AMBCrypto.