Defiant John McAfee – Disruption For The Sake Of Evolution

Defiant John McAfee – Disruption For The Sake Of Evolution

Computer scientist and cybersecurity mogul is an ardent critic of government administration and traditional elites and not afraid to speak out, he broadcasts his values, opinions, and feelings on a daily basis on his Twitter feed. He is avidly supportive of the crypto/blockchain revolution and staunchly advocates the use of crypto and blockchain technology. McAfee fervently implores society to “wake up” and be mindful of the control and interference of government institutions and big tech. 

Taking his standpoint further John McAfee recently tweeted that people must decide on Blockchain, as it is a technology of the people and for the people. He wrote, “Do we bow to the corrupt we are trying to escape, or do we do the right thing for our species”  

McAfee and many more who share his stance believe that the industry must remain in the hands of the common people, and should not ever be in the control of the administration. Advocates of distributed decentralized ledgers have constantly stated that the blockchain could completely liberate society from the clutches of the government and assist us in taking control of our lives. 

McAfee also stated,  
“From 1920 until 1933 alcohol was prohibited in America. The prohibition was abandoned because no one stopped drinking. World governments are close to prohibiting crypto. They can expect the same result.”

 

John McAfee’s New DEX

John McAfee, an “on the run”  US presidential candidate 2020 among many other things has just launched his very own decentralized exchange (DEX) that runs on the Ethereum blockchain. The platform requires no name, no documents, no email, and no bank info. So it’s basically doing without the widely used know your customer (KYC) policy. This is reported to be all set to disrupt the industry.

Also, according to reports, nothing on the McAfee DEX will be monitored by any kind of authoritative body and there will be no restrictions, no complex compliance procedures, and no listing fees either. The platform will charge a trading fee which will be minimal. 

 


Image credit news.u.today

In addition, he announced that DEX would have shared liquidity, which means that all the portals would have access to all maker/taker information coming through from every other portal on the platform and the McAfee DEX portal.

McAfee’s approach has a unique element. It’s offering the creation of portals, or copies of the DEX, with access points to the trading smart contracts. This way, the DEX will be theoretically accessible from multiple hosts and locations – hence censorship-free.

McAfee has been quite vocal that he dislikes the concept of the traditional, centralized financial system as he believes they are at risk of shutting down at any given moment by regulators thus leaving customers high and dry. Alternatively, decentralized platforms cannot be closed down just by anyone due to their intrinsic architecture as they are not controlled by any single party.   

Obviously, John McAfee’s moves and activities have been targeted by the United States government. McAfee had constantly claimed he’s been targeted for being truthful and his criticism of the present government which he aspires to take over from.

The Beta version of the decentralized cryptocurrency exchange has already been launched. So if he had bothered about the threat of the SEC, he wouldn’t have launched it in the first place. But to give his followers the assurance that his mission can’t be jeopardized by SEC, he shared a tweet for better clarification.

In the tweet, McAfee was optimistic that SEC will move to shut down Mcafeedex.com, but the technology that controls the system will make it an impossible mission.

He is still in hot pursuit and wanted by quite a few American agencies for criminal charges such as tax evasion and money laundering. He has also claimed that the CIA is after him which has forced him to keep shifting his bases, last known to be living on a boat in international waters.  Many of his followers are asking him if he is still running for POTUS. He had this to say… 

McAfee is still resolute about his far-fetched prediction of $1 million for Bitcoin by Dec. 31st, 2020, despite the criticisms and time frame left. He also publically stated back in 2017, he would eat his manhood on national television if Bitcoin didn’t reach his prediction which he says is not wishful thinking but an objective reality. There is almost a cult following holding him to his bet and a website has been set up counting down the time. Now it’s just a matter of waiting for either Bitcoin to reach $1 million or the “McAfee Show” carrying out his declaration which I’m sure will top ratings. (humor)
 

 

ecosystem for entrepreneurs

 

 

David Ogden Markethive

David Ogden 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

David https://markethive.com/david-ogden

Ripple Price XRP Rallies 5 While BTC And ETH Decline

Ripple Price (XRP) Rallies 5% While BTC And ETH Decline

Ripple price is gaining bullish momentum above the $0.2600 resistance area against the US dollar.

The price is up around 5% and it recently broke the $0.2650 resistance area.

There is a connecting bullish trend line forming with support near $0.2550 on the hourly chart of the XRP/USD pair (data source from Kraken).

The price remains supported on dips and it could continue to rise towards the $0.2720 resistance.

Ripple price is rallying towards $0.2720 against the US Dollar, while bitcoin and Ethereum are sliding. XRP price might continue to rise towards $0.2720 or $0.2750.

Ripple Price Analysis

This past week, ripple price made many attempts to surpass the $0.2620 and $0.2650 resistance levels against the US Dollar. However, the XRP/USD pair failed to climb above $0.2650 and traded in a range. Finally, the bulls had an upper hand and the price rallied recently after forming a base near $0.2550. There was a sharp rise above the $0.2600 resistance and the 100 hourly simple moving average.

Moreover, the price broke the $0.2620 and $0.2650 resistance levels. It opened the doors for more gains and the price traded towards the $0.2700 level. A high was formed near $0.2691 and the price is currently retreating from highs. An immediate support is near the $0.2650 level. It coincides with the 23.6% Fib retracement level of the recent rally from the $0.2514 low to $0.2691 high.

On the downside, there are many supports near the $0.2620 and $0.2600 levels. Additionally, the 50% Fib retracement level of the recent rally from the $0.2514 low to $0.2691 high is near $0.2600. More importantly, there is a connecting bullish trend line forming with support near $0.2550 on the hourly chart of the XRP/USD pair. Therefore, dips from the current levels might find bids near $0.2620 or $0.2600.

The main support is near the $0.2550 level (the previous support base). On the upside, an immediate resistance is near the $0.2700 level. If there is an upside break above $0.2700, the price could test $0.2720 or even $0.2750 in the near term.

Ripple Price Analysis XRP USD

Looking at the chart, ripple price is clearly surging with a positive bias above $0.2620. There are high chances of it extending gains above the $0.2700 and $0.2720 resistance levels in the coming sessions. Conversely, if there is a downside correction, the bulls might protect the $0.2650 and $0.2620 levels (the previous resistance levels).

 

Technical Indicators

Hourly MACD – The MACD for XRP/USD is currently gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well above the 60 level, with bullish signs.

Major Support Levels – $0.2650, $0.2620 and $0.2550.

Major Resistance Levels – $0.2700, $0.2720 and $0.2750.

 

 

Aayush Jindal

David https://markethive.com/david-ogden

ILP projection and explanation

ILP projection and explanation

Many of you have heard of ICOs in regards to upcoming block chain spaces (organizations or businesses as you may call it). It means Initial Coin Offering, and can be compared to an IPO (what a new publically held corporation launched to raise money aka: Initial Publically Offering) both of these are based on risk investment based on speculation of greater growth and trade value.

This is why the SEC came down hard on ICOs, because they are almost identical to an IPO. That being a risk based investment based on speculative assumptions. These assumptions can easily be skewed with false projections and manipulated stock trading, hence, the SEC regulating the industry to prevent the fraud and misdirection and hype.

OK, enough about that. So Markethive founders originated a debt based instrument option, like a convertible note as defined here:

A convertible note is a type of short-term debt financing used in early-stage capital raises. In simplest terms, convertible notes are loans to early-stage start-up’s from investors who are expecting to be paid back when their note comes due. … In another way, you can think of a convertible note like an IOU.

The Incentivized Loan Program (ILP)

The Markethive ILP represents 1 share of 20% of Markethive’s net revenue. Net revenue is defined as:

Net revenue is calculated by subtracting cost of sales, including cost of goods sold, estimated returns or any allowances from gross revenue. … Gross is the total revenue you have earned for that period. Net revenue is what's left when all the costs have been taken out.

We are targeting to distribute less than 1000 ILPs. But for the purpose of this illustrated article, we will assume we have delivered 1000 ILPs. ILPs can be broken into fractions thereof down to 1/1000 of an ILP. We will be building a dedicated internal ILP Markethive exchange where Markethive members can buy and sell their ILPs or fractions of their ILPs.

To really understand how and what these ILPs represent, I explain that there is Gold and then there are oil wells (nodding donkeys).


Gold is held as a store of wealth and over time it rises in value.

(Altcoins like Bitcoin or MHV coin is a better option today).

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Oil Wells produce about 10 gallons crude oil an hour. 
At today’s prices a barrel of oil is selling on the market at $55 per barrel. That makes an oil well potential around $9,500 per month. I would opt for Oil Wells way over Gold bars. 

ILPs are likening to the oil well. And here is a solid projected illustration of the Markethive ILPs based on existing growth metrics, similar company’s data and our projections of growth. 

Martkethive has been in operational beta since June 2015. Since that time we have tracked 5 unique trends:
Alexa, Milestones, Membership, Revenue, New Signups and Transaction.

We have hit every milestone and our traction is increasing exponentially.

LinkedIn can be considered one of the closest, and targeted social networked competitors to Markethive. Considering LinkedIn has over 575 million active subscribers throughout the world: The top 3 being (1) The United States (2) India and (3) China representing over 70% of the market.

image and data from research site Kinsta (August 2019) https://kinsta.com/blog/linkedin-statistics/

LinkedIn achieves a 39% upgrade to their loyalty plans. These plans offer nothing more than greater and deeper access into the data of other members, visitors, searches and 3+ levels deep messaging.


image and data from research site Kinsta (August 2019) https://kinsta.com/blog/linkedin-statistics/

Based on these facts, and our data of growth as well as continued development and achieving our milestones over  the past 4 years, the following speculation is backed up by real numbers and solid trends.

We are super confident we will exceed 5 million members in 2 years. In fact we are confident; we can attain 50 million members. Based on these numbers, we can expect the following growth:

10% of our 5 million members upgrading to one of our loyalty programs, (Entrepreneur One*, Two, etc.) at $100 per month would equate a monthly income of $50 million per month. 20% of that (after net revenue) would approximate to $10 million per month. Now divided by 1000 ILP shares, would represent a monthly projected revenue of $10,000 per month (as the company grows the revenue will reflect that growth) for a projected duration of 20 years before the loan becomes due (balloon payment). ILPs are now listed at $100,000 per ILP. When we first offered ILPs they were listed at $10,000, but as ILPs have been acquired and Markethive gets closer to exponential growth, the value of ILPs will continue to increase.

What if we reach 50 million and beyond subscribers? 

A similar scenario as LinkedIn with 575 million and a 39% loyalty program upgrade would produce the following results with a Markethive ILP.

575 million members with a 39% upgrade would yield 225 million upgraded members paying $100 per month would result in $2.2 billion in revenue, per month. 20% of that would yield $440 million. Divide that by the max 1000 ILPs for a sum of $444,000 per month. 

Now you understand why we call the ILP an oil well. 

How do you get your share of ILPs? I mean if you want to acquire and own your share of them.

You can wait for the ILP exchange to be completed and the Markethive wallet in place and then buy ILPs or shares from other members in the exchange.

Or…

You can purchase ILP shares or partial shares from us (Markethive) directly. We sell full shares and fractions there of as small as 1/100th for $1000.

Or… 

You can upgrade to Entrepreneur One and receive a 1/10th share every year for up to 10 years, that works out to $1,200 a year and receive a 1/10th share. Considering the above article, that is a deal that is not going to last forever. And once you have an Entrepreneur One account and stay current, you keep that account as long as you want.

There are scores of other huge advantages to an Entrepreneur One account and I suggest you make yourself aware of them. We are in Beta and start up and the advantages you get today will not last long.

Go see what else Entrepreneur One gives you.

https://markethive.com/group/marketingdept/blog/the-12-points-of-the-entrepreneur-one-upgrade

Then there is one more way to acquire an ILP or share of one, “Our contests”. These contests are announced and fulfilled in our live webinars on Sunday. 

This means to know about these contests and to win, you must be present. In fact tomorrow a huge contest will be announced. And it is an easter egg hunt. 

 

 

 

 

David https://markethive.com/david-ogden