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Price Boost Ahead? John McAfee Invited to Support Bitcoin Private (BTCP)

Published 05/24/2018, 01:47 AM
Updated 05/24/2018, 02:00 AM
 Price Boost Ahead? John McAfee Invited to Support Bitcoin Private (BTCP)

Bitcoin Private (BTCP) is still waiting to see its fortunes reverse, as it drifts with a low market price and small-scale trading. But this time, Rhett Creighton, ousted from the core BTCP team, seems to have decided to take matters into his hands again. Creighton reached out to John McAfee to allow guidance for the project and provide team members and leadership to the privacy coin.

John McAfee seems to warm up to the proposition, creating a meme a few hours after Creighton reached out:

https://twitter.com/officialmcafee/status/999467446192017408

The reaching out to @officialmcafee happened after Creighton announced a theft from the BTCP treasury, hinting at continuing potential abuse of funds.

https://twitter.com/HeyRhett/status/999097285765140486

A previous series of chats in the Bitcoin Private team reveals a failed outreach for a Binance listing, as well as abuse of the treasury fund.

Currently, the community is also split between two Telegram groups, trying to figure out the future. As for Creighton, he may be in for a rehabilitation, or a takeover of the project. He is also involved in Bitcoin Prime, which forked from Primecoin (XPM). Bitcoin Prime is yet to launch, and still gathering up a community. The controversy surrounding Bitcoin Private may continue to hurt the coin’s fortunes. But in the case of a successful listing to a larger exchange, the support from John McAfee may prove to be the most valuable asset.

At the moment, the Bitcoin Private community expects a listing on HitBTC, but there are skeptics seeing the news as non-viable. The market price of BTCP is hardly affected, hovering around $20.33, down from recent levels above $45.

!BTCP!

In the meantime, an older fork of ZClassic (ZCL), ZenCash (ZEN) was successfully listed on Binance. Unfortunately, ZEN slid by more than 31% overnight, to $32.16 as the initial hype wore off. The fortunes of those newly split Bitcoin forks are also shakier now that more ASIC mining rigs have been released by Bitmain, affecting coins previously mined only by GPU.


This article appeared first on Cryptovest

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