Have you ever heard of cryptocurrency? Perhaps there are a few of you who may be familiar with “what its like”. I do repute for the far majority of people the answer would be what’s that?
My text book reply would be a cryptocurrency( or crypto money) is a medium of exchange utilizing cryptography to secure the transactions and to control the creation of new gangs. Cryptocurrencies are a subset of alternative monies, or specifically of digital currencies
In short-lived I may respond: You know, like a BitCoin.
The next Question I would constitute is: Now that you know what the world of cryptocurrency is and a general project how it it use my next investigate may be: In “the worlds” of cryptocurrency, how do you fit in?
In my business occupation I had the opportunity to do very well at making an attractive income on the internet. In special I have been successful in selling, advertising auctions, business development, ecommerce, technology, and online business building including the building of large online organizations.
Prior to deciding if I am going to invest, marketplace, brand, promote or own something I invest a lot of hour researching it.
In addition I surround myself with like minded mortals I refer to as either successful business associates or collaborators who have a great deal of knowledge and research on whatever “its by” we are going to promote.
My strongest inclination to stimulate something that is new and inventive that has a very strong chance to saturate the market in the future. In particular I would like to control, firebrand, circulate firstly to market a product or service that is going to be a game changer.
This would be something everyone in the future is going to desire to want, own or possess.
I have little interest in promoting something that have so far been saturated world markets. There is little opportunity for me to be first to grocery or captivate market share of products or services
I do not desire to try to market something everyone once has or are all aware of. There is then no way I can then be first to grocery as in the mind of most successful industrialists those who are first to grocery who then captivate world markets wins.
Many entrepreneur thoughts souls approach me to join them to promote items such as cell phone services, online advertise, state related produces, nutrient, ecommerce or online browse. My simple reply to these financiers is simply I am not interested.
The reason I have zero interest to promote these pieces is the market is already saturated with big-hearted actors that you are never going to be able to compete with. Those who were already first to busines have captured the market share.
This brings me to the world of cryptocurrency and cube order technology. Again if you were to approach the average individual and asked them: Have you heard of cryptocurrency the likely response would be: What’s that?
The self-evident opinion is if I were going to be first to sell, label, own or possess what would it be? The refute is simple-minded: blockage series technology and cryptocurrency.
You may ask then what is the difference between currency a.k.a. money and cryptocurrency? There are many seams of explanation or excuse we are to be able characterize the two primary variations in currency vs. cryptocurrency 😛 TAGEND
Fiat money or fiat money is fund whose cost is not is coming from any intrinsic significance or guarantee that it can be converted into a value commodity( such as gold ). Instead, it has appreciate simply by authority dictate( fiat ). Usually, the governmental forces declares the fiat money( generally indicates and silvers from a central bank, such as the Federal Reserve System in the U.S .) to be legal tender, spawning it unlawful not to accept the fiat currency as an instrument of repayment for all obligations, public and private
In regards to defining cryptocurrency I could examine all of its aspects but the main point now cryptocurrency is not fiats but preferably cryptocurrency known as a digital medium of exchange that performs same to traditional fund, but has no physical equivalent and is simply in digital form.
The firstly major cryptocurrency which started everything there is was Bitcoin in 2009 as open source, and since then a great deal of other alternative cryptocurrencies have become available thanks to the huge notoriety that Bitcoin has managed to generate.
Cryptocurrencies are in fact a formation of digital money that uses the principles of cryptography to used a distributed, decentralized and secure economy which allows you excavation and swap them.
If you were to compare cryptocurrencies to fiat money, the most notable change is in how no group or individual may influence greatly the production of coin( in the case of crypt it is called mining ), instead only any particular extent of cryptocurrency is produced by the entire cryptocurrency organisation collectively, at a rate which is bounded by a quality both prior identified and publicly known.
Now that I have offered you a very commonly used text volume edition of the differences in the two I pose the question in the world of cryptocurrency How do you fit in?
Your first question may be the same question I questioned myself. Who are the main players in the crytpocurrency grocery. My explanation would be to follow the money course, find a plaza where you fit in and capture as much cryptocurrency you can.
A true statement is the far majority of everyday parties own zero crypto-coins. Another true statement is If you were to make BitCoin as two examples as a means to capture market share of cryptocurrency you are simply too late. The vast majority of the silvers that we readily quarried in BitCoin is gone.
In order to captivate any respectful market share of the remaining silvers left to be quarried you would need to have a high degree of technology i.e. known better, server infinite, great financial support and large-scale group of people with the technical skills needed to mine the coins.
The monthly costs of a sophisticated activity of this sort nearly cancels out the best interests of the the BitCoin you are able to successfully mine.
The other action to captivate market share of BitCoins would be vast amounts of money to purchase them. Again this is simply way beyond the reach of any individual who is not already a multi-million-ere “whos had” risk capital at their jettison. Simply leant world markets for share BitCoin is gone especailly for the average person. This approach is simply not happening for you.
Fortunately for the average person who now realise just how large-scale the market is going to be and has gained an edge in profoundly experimenting cryptocurrency and brick order technology
It is however not too late for “youve got to” capture your share of the cryptocurrency marketplace!
This especially holds true for you for anyone I refer to generically as John Q Citizen who either has never heard of cryptocurrency( crypto-currency) or has no project how important is is to own cryptocurrency with a market share advantage.
If at this item you have at least made the time to have read this publication there is is some awareness on your part of either a general interest in the topic, or attention as an aspiring financier who is asking the question: How do if fit in?
If the latter evidence is chastise then you are already a gradation or two steps ahead of who I refer to as John Q Citizen.
Just for the record the deep study that I have taken has privately paid off. I have found a workaround to the whole crytpocurrency publish, which has given me an side over most of the average public. It has allowed me to be first to busines. For all those people who first to marketplace where it was acquire by quarrying large quantities of available cryptocurrency have then virtually captured market share of accessible alternative crypto-coin options available.
In another book on such matters I have discussed who are some of the big household name financier, monetary entities and conservatories who have huge awareness on information and communication technologies. In the publication I have included their direct mentions and who are already taken steps by capturing and experimenting with information and communication technologies for future implementation to captivate their market share.
In my related publication I called who is creating strategies to gain enormous wealth and advantage in the market. If you are conducting your own research this should be crystal clear
In the world of Cryptocurrency how do you fit in? I can tell you that in general 95% of the world I refer to as John Q Public shares 5% of the worlds rich. The remain of the 5% of the world( those inventors who had the awareness who made the time to experiment then took decisive action) who clearly took advantage of the shares enjoy 95% of the worlds wealth.
To finalize I ask you: Where do you see yourself in the cryptocurrency market?
Are you part of the 95% who I refer to as John Q Citizen who wasted the majority of their period on the internet socializing, playing games or heavily weighed in the latest regional gossip. The same 95% who never took the time to research the matter. The 95% who are capable of one day ultimately realise they missed out on gigantic opulence potential?
Perhaps you will see yourself as one of the 5% who experimented the matter and wishes to make deciding act required to implement a strategy.
I for one emphatically have a cryptocurrency policy in place I positioned, after deep study followed by immediate and decided action to join the 5% radical. Hopefully you are able to take the time as well.
Oh Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin show today is February the 17th 2018 strong hand people long term thinking the few the proud the 20% I want all of you to check out the links section below and check out yesterday’s this weekend Bitcoin show money tricks just set face to toe and Russell Spears were the guest and I thought we were gonna talk about some be private some privacy from Giuseppe and just some normal topics and the show turned legendary around the 17-minute mark when money Triggs we were talking about a theory I’m going a proof of stake from proof of work and if there was gonna be a split if there was gonna be a fork and money Triggs brought up something about a theorem classic and how instead of creating a third etherium that the miners could all jump onto a theorem classic now I’ve heard things like that in the past but what he specifically brought up was very exciting I mean in involved Rocketman whoo Barry Silbert I’m not gonna get into everything right now because yesterday’s show was that awesome and you can tell I’m shocked when he brings up this topic I was not ready to discuss aetherium classic he gives a very bullish scenario for aetherium classic so I know a lot of people ask me about theorem classic I usually don’t have an answer at all or it’s just like yeah something will happen eventually you know it’s all cyclical but money Triggs gives a scenario that is incredibly bullish for a theorem and he talks about some maybe why the price has already gone up because some other people have figured out what he has possibly figured out so again you’re gonna have this this show is about listening comprehension and I feel that this wicked Bitcoin show the guests that I have on are the best in the space I work hard to put these shows together you know that make sure I get different guests every week and I’m really proud of yesterday’s show so I’m not gonna summarize the whole thing right now for you I want you guys to check out I want you guys to listen to the whole thing but if you can’t see the whole thing go to the 17 minute mark if you care about the theorem classic stuff but we do talk about be private and just privacy and all sorts of other things though but but I mean there was someone who has actually been on this show before only this weekend Bitcoin showing he emailed me he said Adam that was your best this weekend Bitcoin show ever and you know will disappear and classic thing come true I’ll let you decide but it’s it was very obviously you could tell by my reaction when it happened I mean I try to learn something from these shows every time also I really do I really do you could tell I was learning something right there and then I mean he might eat Riggs I mean you rocked it Giuseppe and Russell were great also and they stay straight up said that money tricks was the you know the master huh so for what he said with your theorem classic check out yesterday’s show also obviously check out all the links below if you want to get a treasure ledger nano at a crypto h/w wallet comm or use my affiliate link to get directly from tresor cryptography d has nice t-shirts to use the moisture discount code and of course i am coming to you from it’s it’s nighttime here in or Darwin australia it’s late i want to go to sleep for after this at night it’s been a long long day but it’s just the morning for you guys on the east coast so pound that that like button as we as we say seriously remember to subscribe to the channel and share this video to man share yesterday’s video it’s gonna help a lot of people i mean and again if a lot of people aren’t gonna watch it then find then it’ll just be the smart 20 percenters who benefit that’s who benefits from my might the stuff I talk about here I don’t we don’t bring up the common stuff here or I don’t bring up the common stuff we’re trying to get people some 20% knowledge and you know that there you go it’s a long-term thinking channel and that’s not gonna that’s not gonna appeal to the masses and that’s tough luck the masses aren’t going to learn what money Tregs taught us yesterday so again follow me on Twitter at Tech ball tch be alt and bitcoinmeister on steam it so i speaking of twitter it was pointed out i think toward a Meester pointing this out that the twitter handle crypto c ry pto i mean that’s a great twitter to hand handle to have is owned by bloomberg they call it bloomberg crypto a look at how crypto currencies and blockchain are reshaping our world from bloomberg well mike my lord that they had to pay for that I would assume they didn’t haven’t owned it all this time it just shows you the mainstream acceptance is they’re prepared for a man if they own the Twitter the Twitter handle crypto that means Bloomberg financial I mean they think a lot of cryptocurrency they know what the future is I thought that was a really bullish sign for cryptocurrency in Bitcoin sure speaking about long-term thinking everyone knows I always talk about the big point having it’s going to happen now apparently in June of 2020 and before that is the light point having in 2019 the lake point is is very popular but it’s nowhere near that the name recognition is determine okay so when people start talking about that light point having it will help hype the Bitcoin having which will be a less than a year afterwards but what I started to think about is that all of the Bitcoin crypto dividends that have come out the small ones that no one cares about the medium-sized ones that the friendly ones like be gold and the unfriendly one and then there be the friendly be private the unfriendly ones like be – they’re having x’ will all take place in 2020 okay if they’re gonna have you know some of them are a little different age so it’s got a little different story whatever but be cash having having in particular is going to happen before the bitcoin having and they’re pretty centralized at be cash now litecoin is not centralized so they might not have a campaign where they’re hyping up their litecoin having but the beat if the be cash people um you know king of the trolls and everyone over there if they have a campaign to pump the price of be cash leading up to the be cash having in early in 2020 i guess it’s going to be they’re spreading the word about a having educating the people on what having is there they spend a lot of money on who knows without they’re willing to do bitcoin calm which they own that will that will help their price that will educate the people but it will also pipe bitcoin it will be the opening salvo in the bitcoin having hype so if they choose to go that direction they’re going to start the having hype for bitcoin and again i lived through the having hype for 2016 which double the price of a Bitcoin from you know about March to June of 2016 and it didn’t have a centralized entity talking about having so this the be cash people if they go that direction they’re gonna they’re gonna help themselves but they’re also gonna help spread the word about the bitcoin having and all these other covenants also going to add to the education about the having which all leads to the big core the major hat having the biggest of them all the granddaddy of them all the rock of them all is the bitcoin having so the more height they I don’t care where the Heights coming from okay if is coming from be cash be gold be private wherever the more height the merrier to get people to give people knowledge about what’s gonna happen with Bitcoin so down below there is a Bitcoin Bitcoin block half calm it’s the it’s the clock the countdown to the Bitcoin having clock at all you can follow be cash does not have a site like this yet I assume they will I look for maybe they do but I could not find one so I don’t know the exact date there’s is going to be but in my search for the be cash having having clock I did find a site that I linked below that says there will be a protocol update for be cash on May 15th and then something on November 15th also but that May 15th having a date like that that’ll probably be around the next time be cash pumps so keep that if you’re a be cash holder of your be cash fan whatever May 15th there’s a day they’ve already got written down there so expect some be cash hype then that’s that’s urgent be cash here we go Alex told me he has freed out there and because it’s all cyclical be cash well as I have said he cash will pump again you know there’s always going to be beat every year there’s gonna be some sort of B pump we just had one up a few days ago when I got up this point one six right did get at the point point two it’ll get there again maybe the May fifteenth one but okay Alistair will me he’s got a tweed out there people talk about blockchain while they pitched their altcoin projects in reality only Bitcoin can be considered everyone else will still be stuck on blockchain for a while yet yeah I thought that was a great point I that’s that’s very good everybody’s trying to throw around these terms blockchain there the blockchain no way bitcoins more advanced than all of them bitcoins up gone through the scaling issues they haven’t even gone through the wars yet settle everyone else will still be stuck on blockchain for what I mean they’re already building you know second level solutions we’ll talk with big plan you know with Lightning Network and everything so on that’s linked to below that tweet also linked to below in two minutes and 17 seconds the Back to the Future I co sold out Simon Dixon said and it was thirty three million dollars they raised in to two minutes and 17 seconds but to to our I don’t even know I it’s to say I can I don’t know if I were that that was a two minutes and 17 seconds to hours of something minutes the point is they raise thirty three million dollars really fast assignment Dixon’s been a guest from the show you all love Simon Dixon I’m not a big ICO fan obviously but he wanted to raise some money that’s his business I’m late to the tweet that mentions that and the link to the tweet of a photo of the back of Simon Dixon’s head where he had them carve into his hair the bank to the future symbol yes I’m serious about that you can look at that photo the back of his hair as he banked to the future thing carved symbol carved into it now it reminds me like what my barber wanted to do to the back of my head when I was like 14 years old he wanted to put my number of my soccer number all carved in the back I had my mom was with me alright so a good job Simon Dickson you did something I always wanted to do at least as a 14 year old I won so anyway what else we have here fork drop do they have an update they added the alt point forks and so I linked I link to that below the old coin crypto dividends like Manero V and something else low I guess oh gosh I don’t know check them out though they’re there they mentioned me in their tweets so I mentioned them here good job for drop I owe all right some of you have experiences with coinbase coinbase double charged some people and that it wasn’t their fault they said they issued a joint statement from visa and world pay for coinbase customers explaining that that the double charges will be removed by Visa and WorldPay okay good coin based trying to fix something that didn’t go well for them there found that like button everyone if you’re still watching this here we got like oh we got a good amount of viewers there Chloe was it’s late it’s close to 100 it was so let’s see what else do we have Shane oh yeah a cast a cast is where you can get the it’s linked to below the world crypto Network podcast and I’m part of I I did a little experiment the one I linked to below if you play at the 2x speed it’s pretty funny you know listening to me a 2x go really fast it definitely sounds like I’m on drugs if you played it if you play the 2x it’s pretty funny and I got definitely a guy you can make fun of myself so it’s it’s pretty hilarious to listen to me at 2x but it just hurt for everyone that wants to get these podcasts oh it’s great that we have a guy over there Cory putting everything on on podcast for us and people are discovering the world crypto Network and all of the people involved with it through that and it’s it’s growing so check out you can check that out without being on YouTube and he Cory’s working real hard on making this great for everyone so that’s linked to below a cast play that double-speed to hear your favorite World Cup Network personalities on crack cocaine all right and don’t worry to my knowledge I know I don’t do it I doubt any hope so uh here we go there’s a tweet out there and I’m gonna change though it’s from Matthew D Greene and I it was thought-provoking I don’t agree with the exact words that he said so I’ll read out his words and then I’ll give you my words since almost nobody uses cryptocurrency for payments yet they get speculated on and that said the existence of a large and technically uninformed community becomes the main determinant of value now what I would say is that since almost nobody uses altcoins for anything yet they did speculated on and in that setting the existence of a large and technology technologically uninformed community becomes the main determining of value for the altcoins I don’t know if he meant to include you know he said cryptocurrency I don’t think that’s true for big point that doesn’t determine its value from the altcoins yes it is all speculation and it’s all and it’s by 80% horses by people who don’t know who just read a little bit about but it don’t really care it may be not that sounds cool it’s the next big thing I gotta jump into it all right Bobby and just so we you know really read the tweet for yourself it’s linked to below you can decide on your own you can think about it it’s thought-provoking it’s what the show is it’s a thought-provoking show all right Bobby a left the comment and I was an inspirational comment I was thinking about how different the world was just 20 years ago no global war on terrorism very few people had cell phones Amazon was just a bookseller Google does barely started and Facebook one meet wouldn’t even exist for another five years if you could go back to 1998 and tell people everything that would happen they wouldn’t believe you keep that in mind when people laugh at the idea of crypto currencies or other drastic changes for that matter yeah I thought I thought that was awesome dude I thought that was awesome how we went back in time now tried to explain to them crypto currencies they were they wouldn’t believe it at all so imagine you know ten years from now what’ll be going on we wouldn’t we’re not gonna be a we can’t grasp how what’s going to going on in ten years and I think a lot of the reason people still can’t Brett grass Bitcoin is because it is something it is something from ten years in the future it’s not from four years in the few it’s just something that we can’t grasp because it is totally new and it is going to be much bigger in the future so III do like to think that I love progress I love freakin progress and technology so I mean I remember 1998 I thought it was cool that I did it there was a o L and I thought that was cool people who did Internet in their house and you know that was just I thought such a futuristic time when I was little B in 1998 now you look back and you see oh my lord that was nothing that was just nothing compared to what we’re going through now so on that and that’s just the positive part of life man you’ve got to keep on going that’s why you want to stay healthy and live as long as possible just to see the innovations and to you know be a part of the innovations and it’s great to be a part of this Bitcoin innovation and to have the long-term thinking where you know if you get in now you get into patiently now you have patience you understand that it’s a growing ecosystem that in the long run it’s gonna pay off just to to to unbelievably an unbelievable level and just the positivity that it’s going to generate for this world it’s just it’s very inspirational very inspirational when I think of things like that all right so have a strong hand people pound that like button with that strong hand i’m adam meister the bitcoinmeister the disrupt meister remember to subscribe to this channel like this video share this video check out the notes section below I’ll say hiding guys before I go to sleep and check out yesterday’s video bye bye
– Hey, what up, world? It’s your boy Ian. Welcome to Hacking the System. Show where I teach you how to make six figures in your 20s, yeah your 20s. Who said making six figures has to wait until your old and grumpy? In today’s show, we’re gonna talk about something that’s about to blow up, and I mean blow up. We’re here on the diamond field playing baseball, well, not really, but today’s show, I’m gonna show you you can possibly, possibly, hit a home-run investing in something that’s on the up and up. Today’s show will cover Bitcoin, Ethereum and cryptocurrencies and how they could possibly make you a millionaire. In your 20s? Let’s get into it. (hip hop music) Hey, what up, world. It’s your boy, the made man. Welcome to Hacking the System. The show where I teach you how to make six figures by any means necessary while you’re still young. Create the lifestyle of your dreams and hustle to greatness. All right, so in today’s show talking about Bitcoin, Ethereum, altcoins, cryptocurrencies in general and how they could possibly make you a millionaire. I know that may seem like an exaggeration, because I’m definitely not a millionaire, but the potential is there.
So if the potential is there and you’re out there trying to chase the money like us, right? We gotta go break it down and show how we could possibly do it. So let’s start things off with a story. All right, there was this guy who was doing his thesis in graduate school on cryptography. So he got intrigued by Bitcoin and blockchains in general. All right, for those who don’t know, blockchain is the technology underlying Bitcoin and that makes it work. All right, it basically leverages cryptography. So he’d gotten really, really intrigued with this. And he just tossed his money on the side and bought some Bitcoin. He bought $27 wort of Bitcoin. That was sometime back, right. Fast forward three years later, three years later, he completely forgot about his investment. He forgot about his $27 investment. So three years later, Bitcoin is basically in the news, it’s blowing up. It’s trending, it’s peaking. He’s like, yo, I bought some Bitcoin a while back, let me check up on it. All right, so he goes to check his Bitcoin wallet to see how much money he has and in three years, in three years, it went from being worth $27 to $886,000.
Yeah, almost $1 million in three years. His $27 because Bitcoin went from being worth pennies on the dollar to right now being worth over $1,200 for one Bitcoin. All right, so Bitcoin is blowing up, baby. All right, so don’t miss this boat. If you missed it, I’ll show how you can definitely leverage it and other cryptocurrencies. All right, so why is there lots and lots of hype around Bitcoin, Ethereum, and cryptocurrencies in general? Well, Bitcoin was the best performing currency in 2016.
It surpassed gold and any other body out there like dollar, yen, whatever, right? It was the best performing currency. Just think about that for a second. How many currencies do we have out there in the world? The world is humongous, all right? But Bitcoin was the best performing currency in 2016. It went up 120% in 2016. Basically meaning that it more than doubled the money if you had bought Bitcoin in 2016. Then on the other hand, Ethereum is blowing up as well. Actually, blowing up a lot more than Bitcoin itself. I got involved in this whole cryptocurrency game sometime around November, December last year in 2016. And I was like, you know what, this seems kind of trendy ’cause my friend told me about it. So I tossed some money at it. And I recall that Ethereum at that point around November, December was only worth $10.
Fast forward to February, March, Ethereum is at $40. So it quadrupled in value in about three months. All right, so my best trade to date, my best investment to date in terms of cryptocurrencies is actually Ethereum. I put in about $2,500 in it. And about three months, in basically a month or so actually ’cause last couple months have been kind of stagnating. But in basically a month, I doubled my money. From 2,500 to over $5,000. All right, so all these currencies are trending because they’re blowing up, they’re getting attention. They aren’t mainstream yet, so right there’s still definitely time to catch the gold rush. ‘Cause this right here is a gold rush, baby.
All right, so to start things off, we’ll first talk about what is Bitcoin, what is Ethereum, and what are altcoins and cryptocurrencies in general? All right, what is Bitcoin? To keep things simple, Bitcoin is a decentralized digital currency. Right, so similar to how we have cash, we have the dollar, or what have you, right, we have different currencies. The dollar, the yen, right, Bitcoin is a digital currency. But what makes it different, though is it’s decentralized. There is no central authority. There is no bank, there is no government that controls it. It’s peer to peer. So similar to how Bitcoin operates, right, if you ever download anything from Bit Torrent to way back in the day with Napster, right, Napster and the whole time with the illegal pirating craze, everything was peer to peer.
Right, because of that, there is no central point of failure when it comes to Bitcoin. All right, imagine having different people across the world being able to talk with each other and send money without having to depend on a bank, on the government, right, there is no middle man. Everything is peer to peer. You’re directly talking with the other person and making a transaction. This happens because of such technology called blockchain. This basically leverages cryptography. Meaning that it makes it so that you cannot really hack it, per se, right, so nobody can really spy on it.
It’s very, very secure, right. So me and you can make a transaction without having to go to the bank. And because of that, there is no middle man. Freeing us. Then on the other hand, we have a different currency and platform called Ethereum. Right, this is kind of the second biggest currency or platform out there. Ethereum is a decentralized distributed computing platform. What does that mean? So think of that as basically using peer to peer virtual computing.
That’s kind of the best analogy I can think of. So think of Ethereum as a platform that allows you to be applications, that allows you to build peer to peer applications. So think of build supercomputer that is decentralized, there is no central computer. Everything’s peer to to peer. So imagine everybody around the world pulling their computer powers together to make one supercomputer, one platform that you can run different applications on and these applications are called smart contracts. So what does that exactly mean? So Ethereum you could have not just currencies, right, ’cause currency for Ethereum is called Ether, but you can have smart contracts for thing such as trading coffee, for trading wheat. Anything of value between two parties and they want to transact with each other, they can doing that on this platform called Ethereum. And one of those ways is Ether, which is the currency.
All right, what are altcoins? For anything out there that’s not Bitcoin in terms of the cryptocurrency world is referred to as an altcoin. Short for alternative coins. All right so why do Bitcoin, Ethereum, and cryptocurrencies in general really matter? What makes them valuable? The first point is they’re centralized. I keep stressing that because it means that there is no central single point of failure. The government can’t come out there and control it. There is no one central authority or body that controls it. Meaning that everybody can do what they want whenever they want. It’s kind of like the wild, wild west. All right, so, which is both good and bad, right? Because good in the sense that countries out there that have oppression or different people that can seize their bank accounts don’t really have to bother with that, because Bitcoin and cryptocurrencies in general give them independence from that. Because there is no one one single point of failure, nobody can shut it down. The government can’t come in here and say, you know what, we don’t like how you’re transacting business, let’s shut this down. Perfect example is Bitcoin back in the day, back in the heyday, got popular because people were using it on a platform called Silk Road.
All right, it could transact and buy illegal goods on this platform, which is basically the Dark Web the Dark Net. They could buy illegal goods with it, and not really leave any trace, because the government couldn’t track it. So that’s how Bitcoin can I have kind of got its initial growth. But the government came and shut down the Dark Web for Silk Rroad, but it couldn’t shut down Bitcoin, because Bitcoin has no central authority. It’s peer to peer. So imagine kind of like bitron, if you take down one computer, you can’t shut down the entire network. This becomes important because you own Bitcoin. It’s not owned by the bank, your country, the government or a different authority You own it. It is yours. As a result, nobody can seize it from you unless you lose your wallet, which we won’t cover today, but, so for example, back in I think around 2013 or so, there was the whole economy bailouts, countries were collapsing, and Cypress was one of those countries. Cypress, the government Cypress, as a way to bail out the country and try to reestablish a reboost to the economy, they went after and they wanted to seize assets in people’s bank accounts.
Just think about that for a second. The government wanted to go to people’s bank accounts, take out their money and redistribute that money out there. As a way to revitalize the economy. So people got scared, man, they got really, really scared. And that’s when Bitcoin began to grow. So they took money from their bank accounts because they knew the government could come and seize those assets. And they put that almost away like an off-shore account. They used Bitcoin as a way to hide the money from the government, or store the money in, not really hide it but protect their money from the government and other third parties who would try to seize that money. Bitcoin also matters in the sense that it’s similar to gold. All right, in the sense that it’s scarce, it’s rare. All right, ’cause as opposed to fiat currencies like the dollar and all these other paper currencies that are no longer tied to the gold standard, they lose value by the minute, by the day. All right, every time you print out more fiat currency, more paper money to boost the economy, all right, it’s losing value because it’s basically almost infinite.
With Bitcoin is similar to gold in the sense that they’re only 21 million Bitcoins out there that could be ever be mined. As a result, it’s scarce, giving it value. Another selling point for Bitcoin, Ethereum, and other cryptocurrencies is that they’re global and borderless with low transaction fees. Meaning that me right here in America, I can send money to anybody around the world very, very quickly, all right, faster than sending money with other platforms like Western Union. On top of that, they have lower transaction fees. So, for example, Bitcoins could be used as a replacement for Western Union and sending money abroad to help out family members or other friends. Because the transaction fees are very, very low.
And money can be very instant. Because right now with the current banking system, it’s very hard to send like, for example, a $1 million out there across the world. It’s actually easier, a lot easier, to get on a plane with a suitcase of money and transfer that money because money usually takes about three to five business days, sometimes even longer, depending where you are. All right, with Bitcoin, it can take anywhere from 10 minutes to half an hour. All right, so it’s very, very fast to send large amounts of money, and very, very low transaction fees. All right, cause when I send money to somebody via Bitcoin, there actually is no transaction fee. There’s only a transaction fee when you try to take the money out, and that fee is very low. And one of the main ways that makes Bitcoin, cryptocurrencies and Ethereum and all such matter is they help store value. So earlier I mentioned how in Cypress, people who were afraid of the government seizing their assets were able to store the value of their money in Bitcoin.
So, for example, the same thing is happening in China right now as we speak, ’cause China is communist country. And people, Chinese are in droves in terms of the rich Chinese, they’re sending their money to Bitcoin, Ethereum, and these other cryptocurrencies as a way to store the value from either unstable currencies or from the government. So, for example, if you have a currency kind of like down in South America and Argentina, right, they’re using Bitcoin to store the value ’cause their currency fluctuates up and down to a point where they can’t really, they have no idea where their currency stands at any given point in time, ’cause it’s so volatile. So they use Bitcoin as a way to store the value. All right, so how can Bitcoin and all these other cryptocurrencies make you a millionaire? First thing I’ll say is, I’m definitely not a financial advisor. This is infotainment. Right, but I myself am actually invested in all these cryptocurrencies, right, Bitcoin, Ethereum, and some more altcoins. But in general, right, so back in 2011, if you invested $100 in Bitcoin, at this current point in time in 2017, your $100 investment would be valued at almost $400,000.
Just think about that for a second. $100 to 400 grand in basically six years. Like, imagine if you put a lot more into it. Because me right now, I have over 10 grand in it. All right, so I’m definitely playing the long game. I’m definitely going for that home run, right? I’m trying to swing outside the fence. So Bitcoin and cryptocurrencies is basically a way to speculate on the future in terms of the economy, the world economy, currencies, because right now if you get in early, you could possibly make a killing in it. And, as I mentioned earlier, reason being is other currencies out there are losing value, which is why Bitcoin was the best performing currency of last year in 2016. All right, so fiat currencies lost a lot of value in the sense that they’re no longer backed by the gold standard.
Meaning that for every $1, for example, it’s tied to one equal dollar worth of gold. ‘Cause back in the early, I think like the, in the 20th century, right? If you took your money, you could exchange that for gold in its equal form. But at this point in time, it’s no longer backed by gold. As a result, it gave the government of America and other countries the ability to print as much money as they like. Print as much paper money as they like, ’cause it was no longer tied to gold. So they could just go out there and print a $1 billion and not have $1 billion worth of gold to back that up. As a result, the value decreased. And so, in general, cryptocurrencies like Bitcoin and Ethereum are getting lots and lots of attention because big companies now are paying attention to them. They’re backing them. So, for example, my employer, IBM is going in on blockchain, the technology, the underlying technology that makes Bitcoin and all these other cryptocurrencies possible. They started a high pillager foundation, which is basically a blockchain foundation.
And then recently this year, JP Morgan and Microsoft founded their own Ethereum foundation. That’s why Ethereum blew up in the last three months or so and went up from $10 to $40, because big companies are paying attention and giving this that stamp of approval. So anybody out there who’s kind of hesitant to take a look at these cryptocurrencies or check them out, if Microsoft, IBM, JP Morgan are willing to take a gamble on these currencies, maybe you should too as well. Right, maybe you should also take a chance, a gamble, a fly on them. Because this could be your million-dollar move. Another point I’ll make is, Bitcoin could be a possible replacement for gold. Yeah, gold. ‘Cause recently, Bitcoin is now worth, one Bitcoin is worth more than one ounce of gold. One ounce of gold is worth, is worth less than one Bitcoin. So Bitcoin could be a possible replacement to store value as opposed to storing it in gold. So if you have a bunch of money, right, and you want to store it in something else besides gold, silver, you could store it in Bitcoin.
Which is what the the Chinese are doing, and other people in unstable economies with unstable currencies, they’re using these cryptocurrencies as way to store value. All right, so you’re saying, hey, Ian, yeah got me hyped, super hyped, I’m definitely down to invest some money on cryptocurrencies like Bitcoin, Ethereum, what have you, where do I start? How do I start? So the first step to start, especially if you’re a beginner, is a site called Coin Base. This makes it very, very easy for anybody out there to buy and sell cryptocurrencies. This was meant for beginners. All right, so if you go to coinbase.com and create an account, you can verify your account, tie it up, link it up to your bank account and buy money, and buy crypto, and buy basically Bitcoin, Ethereum, Litecoin. Those are the three currencies they have on there. The three cryptocurrencies they have. You can purchase them either with your bank, with your debit card and tie it to your bank account, or a credit card even.
All right, but one thing about Coin Base, though, is it has higher transaction fees than normal Bitcoin or cryptocurrency sites ’cause it’s meant for newbies. But with that being said, though, it’s very, very user friendly. It’s how I began my journey in cryptocurrencies, and it’s a great place to start. Now, one thing to note is if you actually go on my website and sign up using my link, right, you and I will both get $10 worth of Bitcoin cryptocurrencies in terms of Bitcoin, Litecoin, what have you, to invest, if you invest $100.
All right, so let me say that again. So if you want to start and you want to put $100 into it, Coin Base as a way to kind of entice you to learn the system and get more involved, they’ll give you $10 as well. But to do that, you have to sign up using my affiliate link, all right. So if you sign up using my link, my affiliate link, you and I both get $10.
What a deal, right? All right, so let’s say you aren’t really a beginner, and maybe you’ve done investing before and you don’t want something that’s super easy. Maybe you want to day trade, for example. All right, two good platforms for day trading are GDAX, which is an exchange owned by Coin Base. It’s kind of for more advanced people. And also Gemini. These two are basically exchanges that let you day trade cryptocurrencies. And mainly just the popular ones like Bitcoin, Ethereum, and Litecoin. All right, so if you want to day trade, you can use those platforms. They’re better than Coin Base in the sense that you have a lot more control. You can do things such as stop limit orders. They also have fewer transaction fees. Much, much, lower transaction fees. But it’s kind of more complex. You have to have some kind of experience investing.
So I would recommends using something like Coin Base to start. Using that as training wheels. Then go on GDAX or Gemini and use that as a way to kind of once you’ve mastered or gotten the handle on things to start doing a lot more complicated things, more complex things. Now, so we’ve talked about Bitcoin, Ethereum, and the main two currencies out there, the two main cryptocurrencies, but there are over 100 cryptocurrencies out there, over 100. And new currencies are coming up every single day.
And actually I think it’s a lot more profitable to find the smaller currencies because they have a lot more growth potential. ‘Cause Bitcoin has gone from being worth pennies to being worth $1,200. So in terms of growth potential, it could go to 2,000. It could go to $10,000. Even $5,000, but it’s gonna get there a lot slower than these currencies right now that are in the pennies on the dollar. All right, so think of altcoins, alternative coins as similar to trading penny stocks. All right so for those who have done investing before, penny stocks are basically stocks worth under $1 or so. Right, almost pen as, that you can buy very, very cheap, and if they go up, they can double just like that. All right, so for example, recently, I doubled my money with Ripple, which is a cryptocurrency as well, but this is used more for banking. ‘Cause it was worth very, very, it was worth in the pennies on the dollar. And when they go up two pennies, maybe if it’s 50 cents it goes to $1.
You can double your money like that. So in general if you want to trade altcoins, the exchange I use is called Poloniex. Don’t know how to pronounce it. I just call it Polo for short, right? (laughs) But if you go to Poloniex, Polo, right, they have tons and tons of cryptocurrencies out there, tons of them. From Stratis to Ripple to Decred, right, not every currency, but the popular ones out there that you want to invest in and leverage and make profit on are available on Polo. All right, as opposed to going to Coin Base, GDAX, and Gemini because they only cater to the top three currencies, the top three cryptocurrencies. Everything else, the altcoins, I would go to Polo and find them there, all right? But one thing to notice, Polo won’t let you buy anything without fiat money. So you can’t buy with dollars. It’s only an exchange, you can only exchange money. And their standard universal currency is Bitcoin. So why I do is I buy my money, I mean, I get my bank account and buy Bitcoin or Ethereum, but generally Bitcoin because it’s a lot easier to work with.
I buy Bitcoin on GDAX, then I transfer that to my Bitcoin wallet on Polo, and I use that to trade and make day trades and moving in and out of different currencies. Then once you’re done, you cash out from that currency converting back to Bitcoin. Then from Bitcoin, you’re sending that Bitcoin back to GDAX, and you cash out. So, it’s kind of complex, it’s kind of a round about way of doing thing. It definitely adds a barrier of entry, but that barrier of entry makes is a lot profitable to make money, ’cause not everybody’s making money with it. Right, but sometimes you don’t even have to cash out.
All right, so, for example, recently I sold a portion of my investment to transfer that money to a off-shore bookie so I could gamble on March Madness with Bitcoin. And the casino, the online broker, I mean the online bookie accepts Bitcoin, which was pretty cool, right, ’cause a lot faster to send my Bitcoin from Polo or GDAX as as opposed to calling them or tying my credit card to that. It kind of give me that, it makes it fluid. And it’s kind of anonymous, kind of anonymous. I say that because all these exchanges nowadays force you to verify your account, your information in terms of your bank account, our I.D., where you live, all that. All right, so it’s not truly anonymous. But if you were dealing with just anybody out there, peer to peer, you can be anonymous. ‘Cause that’s what cryptocurrencies left you achieve. All right, so I gave you guys a lot of game. If you want to do anyway further study or research on cryptocurrencies like Bitcoin, Ethereum and altcoins, a good place to start that I recommend is to check out a book called Digital Gold.
This is one of the best books I’ve read on Bitcoin. And it basically walks you through the starting of Bitcoin from the founder, all right, in Japan, all the way through the history of the major key players and the history of Bitcoin and how it grew. And it also shares the story and talks about how people became millionaire with Bitcoin. All right, so it’s a very, very great story. Check out the book, Digital Gold. I’ll have the link available on my website and I also put it in the video as well. All right, I’ve given you guys a lot of game, I mean a ton of game. All right, and you guys, I’ve showed you how it’s possible to go out there and possibly become a millionaire. All right, just to kind of be candid with you guys, I myself I right now have about $10,500 invested in cryptocurrencies. Right, and I began investing around end of November, early December, or so.
And I didn’t start early. I didn’t just go out there and put in 10 grand, right, I began small. So I first begun things off with $100 in Bitcoin and $100 in Ethereum. So I took a flier on it. I was like, here, you know what, let me just throw 200 bucks at it and see what happens. And I noticed, hey, I’m up about 25% in a month. Not bad, right? So I put about 250 more dollars each in both Ethereum and Bitcoin again to see how things were going. Then I noticed, I was like hey, you know what? I just doubled my money because Ethereum went from $10 to $20 in about 2 months. I’m like not bad, right? Then I saw Ethereum was taking off, I came back, put in $2,500 in Ethereum, and $2,500 in Bitcoin. And Ethereum doubled in about a month and a half. My $2,500 went from being $2,500 to over five grand. To a point I actually sold that off at about $5,500 bucks.
So I more than doubled my money in a bit a month and a half. Then from there I had to kind of learn the ropes. I then moved from money from GDAX to Polo. Because with Polo could do a lot more day trading, a lot more trading with altcoins. All right, so right now, my portfolio, because I don’t want to seem like I’m making money like that, because I ain’t got it like that, but the potential is there. My initial investment of 10,500 is now worth about $13,000 give or take. All right, some profits, some losses, right, but that’s been in about three months or so, so it’s not bad. But right now, the last couple months growth has slowed down, mainly being because Bitcoin is going through a major scalability issue.
I don’t know if you guys have heard about this. You can do your own research on this. It’s too in-depth for this video. This is meant for beginners. But Bitcoin is thinking about doing a split. Basically splitting the currency and doing a hard fork. Something called Segwit and Bitcoin Unlimited. So once this whole debate has been resolved, then Bitcoin I think is gonna take off and continue to take off. Because right now it’s been kind of stagnant. So that being said, I’ve given you guys a lot of game. Go out there and check it out.
Let me know what you guys think. I’ll be dropping a end of blog post on my website explaining a lot more about how to possibly become a millionaire with Bitcoin and cryptocurrencies in general. With that being said, though, I am definitely, definitely not a financial advisors, right, this is not financial advice. This is infotainment. Invest at your own risk, at your own peril. But with that being said, though, let’s get this money. Peace. All right, it’s a wrap. Thanks for checking out the show. Make sure to give it like. Subscribe and drop a comment and review. Check out my website where I drop game every single week. Check me out on social media, Instagram, Facebook, Snapchat. Let’s go out there, make this money. Hustle to greatness..
Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one it coins show today is december the 27th 2017 strong hand this is your home of crypto dividend news and we have a lot of that today and yeah it is 328 in the morning on the East Coast I’m back here in Baltimore it is cold I want to go to a warm place again like right now but hey you got to deal with it and so this is the official December 27 show maybe it will have another one much later in the day check out the links below if you want to see the shows of the past including the one that I did from the airport a few hours ago whatever it was back in back in Tucson also you can get t-shirts treasurer ledger nano crypto hwy comm this districts from my buddy in Australia though he’s sending some more he said thanks a lot dudes dude alright so let’s just jump into something that I forgot to mention in the show before the one I did earlier the five minute show that was about Z classic so um from Monday this is in repent and land you guys remember ran he hosts the CNBC crypto currency show in South Africa and he was talking about Bitcoin dominance going down and you know we’ve all heard that before but I had the reply and your RAM is a good guy he likes to stir things up a bit though and this is what I wrote times are checking he said times are changing that you know business bitcoins dominance is going down Oh times are changing and I said times are changing this is the same this same thing happened in the spring during the now forgotten it cerium hype the big difference is that the strong handed long-term thinkers who did not panic then and fall for the hype are now Bitcoin millionaires so again we’ve been through this before the people who didn’t fall for it last time who just held onto their Bitcoin are doing really really well so I link to that below and I that was supposed to be in my last video but I totally left that out because that I’d go through this when I read off you’re pretty fast sometimes anyway we’re back at like 16,000 16,000 dollars for Bitcoin right now I believe so whatever you know you could worry about Bitcoin dominance you can worry about whatever you want to Bitcoin is doing just fine and dandy it’s sixteen thousand dollars it’s I mean if you if you would have said that during the spring etherium pump people would have said you’re out of your mind and this is only like seven months ago okay so something I forgot from the show that I did earlier the Z classic oriented show that I did from the airport because Z classic is forking into this Bitcoin prior or be private crypto dividend this is really big news and you’re not really hearing about it and many other places I covered it really intensely in that previous video you gotta watch that and I say some things in that video that I usually don’t talk about and I’m gonna say something in this video that I usually don’t say either um but but it has to be said about this situation first of all the thing that I forgot is that this crypto dividend is the first fork with a community already in place from an established altcoin so we’re they’re forming this be be private now usually when these crypto dividends are formed there’s no community already like when they form be gold it wasn’t like there was a magical be gold community it already existed beforehand but by forming be private from from Z classic and and then everyone in Bitcoin also getting the be private you’ve got to establish Z classic on community already there and that really adds a unique aspect to the the possible marketing of it and just how pop have a word will be spread I mean they’ve already got a community that’s going to be height because this is taking the place be private is taking the place of Z classic I know it seems a little confusing you got to check out the links below you got to check out my previous video all right and I know some people are gonna say well bit core or how to commute okay that’s let’s not it’s neither here nor there let’s not worry about big Court right now um anyway uh yeah check out that link below and here I have to say a full I have to give full transparency here so I have a lot of Bitcoin I mean everyone knows that and I want more Bitcoin and I also have be – I have some be cash left because you know I had so much Bitcoin I got a lot of freebie cash anyway after I made the video earlier today about Z classic after I made the video about Z custom because in the video I say a couple of things but after I made the video about Z classic I actually used some of my leftover B cash and I traded it in for Z classic so I now have Z classic so that has to have to put that out there right now and it has surged so much today that I’ve already I’ve already covered some of the initial expenses if you want to say that yeah anyway I can’t afford to being a speculator okay in that sense I said in the in the previous video that this is a good speculation and when I call something a speculation I it’s something that if you have a lot of Bitcoin already or if you have a lot of money not Bitcoin because I didn’t use Bitcoin unless I used be cash on this okay but if you’re well off in the cryptocurrency world or you’re just a well-off person and you can afford to lose everything that you put into a speculation well this is a good speculation because this Z classic could go up by quite a lot and I in the video earlier today I go over the the logical reasons why it could go up because this is a crypto dividend this is it’s it’s a very unique situation here so again the goal is to get more Bitcoin from crypto dividends that has always been my goal this is a detour on that road because again I got the freebie cash but I have now turned the be cast instead of directly turning some of my be cash into into Bitcoin I have turned some of it into Z classic which I will then turn into Bitcoin eventually and hey it might not work out a there’s there’s definitely a risk so do not try this at home but again if you are I mean I’m I’m in a different situation than a lot of people and but I do have to put that out there because I have a lot of Bitcoin I mean that’s this is known this is known of trying to get more you never stop trying to get more pound that like button always try to get increased value your wealth in Bitcoin so yeah I’ll keep everybody updated on this on the Z classic situation which is really a be private situation and again people want free crypto dividends okay be private is an interesting crypto dividend you gotta admit you can buy one Bitcoin and get one free be private or you can buy one Z classic and get one free be private so again and this is if they go through with the for two because there’s risk maybe they won’t go through the work we had we have seen you know there’s a lot of big talkers out there in the crypto dividend space and only be gold to be cash have done it so far but anyway so you have those two options of get how are you gonna get your one be private you know which route will most people likely choose okay they’re not gonna buy a whole Bitcoin to get a be private don’t get up don’t be like what the heck I want a free Bitcoin crypto dividend why don’t I just buy the Z classic thingamajig and it’s really cheap right now it’s $20 $10 a it was it was $10 earlier today they got the 30 bucks which is I can’t amazing anyway anyway Zee classic is the shortcut to getting a Bitcoin crypto dividend also keep in mind that there are only one point eight million Zee classics in existence okay so if there’s only one point eight million Zee classics and people all of a sudden want to get this crypto dividend that’s coming from it well they’re not that many Zee classics to buy we’re supplying a demand thing here another thing to take into account is that Zee classic is basically just Zee cash okay I’m not gonna get into the details Zee cash sells for a five hundred seventy one dollars right now crypto dividends of Bitcoin at you know these a lot these theorized ones that people were talking about all these cheap Chinese knockoffs they they make fun of them because they’re all coming from China well if you look at the futures markets for all of the proposed ones out there all of them are over 1% of a Bitcoin in the futures market so we’re talking $160 here so I mean I I’m throwing out all these numbers because this be private I mean it could be $160 it could be $571 it could be a lot more then Z classic is right now so that is why I think this is a good and interesting speculation why I think people are buying Z classic right now because it’s it’s 15 bucks and they’re gonna be able to get something for three that might be $160 or might be more than that and again the Z classic developers are saying that be private is a replacement of Z classic it’s it’s a replacement of Z classic okay and so it has and Z classic already has a purpose okay Z classic so B prime B private isn’t just being made up like you know super BTC what is the what is the purpose of super BTC I mean it might do well for all I know but what’s really is they give all these little gimmicks well be private is the replacement of Z classic which uses all the Z cache technology alright so linked to below is the B private red and also that just came out that’s enough of my be private crypto dividend Z classic talk for tonight do what you’re gonna do I had to lay it out all out there on the table obviously I think this is a really really interesting concept what Rhett is doing over there with Z classic obviously I think it’s very intriguing if this works out if I mean if they’re able to fork it it’s Z classic holders and big coin holders are able to get this be private then you’re gonna see all these other alt coins that currently exist try to get forked on the Bitcoin and I go over that in the other video I am tired now I couldn’t get into all this other stuff again and I know this is difficult to understand if you’re a beginner and I am NOT actually I give links below this video and links below the previous video that really explained this a lot better than I can all right pound that like button though and check out the list section below follow me on Twitter I have been giving awesome crypto dividend updates all day even though I was in the Dallas Airport even though I was in the in the Tucson Airport I’ve been giving you great up updates as much as possible and there is be rhodium sent me an update that guy is awesome I linked a link to him below again he says hello Adam we have updated our website we have taken your concerns into consideration be clear that people need to save the signature making the entire process of getting coins clear well thank you for taking my suggestion and check that B rhodium out below they’re doing the airdrop thing like bit core did okay also in the so there are these new sites out there bit dip bit div cheesy BTC div calm Bitcoin Forks I oh and another one I’ve linked to them all below the third one actually links like to like coins for crypto dividends also again now these three sites that I just listed they’re organized pretty well you know you can you can look up crypto dividends on them some of them still have joke crypto dividends on them but it’s it’s an expansion it helped it’s gonna help you guys know what is out there I can’t say these sites are perfect but it gives some organization and a lot of people have asked me adam send me a site that just tells me what’s out there well go to these three ones and the other one that i always linked to below and just try to figure it out for yourself some of them look interesting there’s obviously new ones i mentioned one of them in a second that i just found out about and again it’s a it’s a very not all these people are it’s a nice try they’re trying to organize things again some jokes like bitcoin uranium be uranium snuck in there still so these sites aren’t perfect but they do have bitcoin crypto dividends on i’m aetherium crypt of differences on them and then this light coin I mean I don’t even know if these litecoin crypt of dividends are true but check out the link section below check out those links and yeah have a strong hand people we’re almost back to 16,000 it’s I mean we are back to 16,000 I don’t know I hope you didn’t uh hope you didn’t panic and sell your Bitcoin that that would be terrible you should have learned your lesson by now okay so speaking of aetherium crypto dividends um one of the people behind be gold got in touch with me and now there’s going to be an ether gold so check out ether gold not gold and that is linked to below I you know hey he did well with be gold maybe this ether gold is going to be a big you know and so we had heard rumors the be gold people were gonna be behind in etherium crypto dividend well now there you go it’s called ether gold it’s in the early stages it is not live yet but there you know and ether gold actually was not listed on any of those sites that I just linked to below that just mentioned so maybe it will be now alright so 2x there might be two two x’s out there now you might remember there was a dude he was like the two m2x guy well I linked to him again he’s been talking to me again to me again he says he needs two to three full-time PR guys so hey if you’re like a marketing dude contact uh him at Twitter its Bitcoin to em that’s who he is on Twitter he says he’s still doing his version of 2x a friendly fork of 2x and then we have these other segments segments 2x friendly for kurz who I mentioned the other day who everyone’s talking about right now because on the coin market cat futures market it’s listed like it’s 6% of a Bitcoin also I noticed these two X people they are B to act B 2 X – seg we do they are advertising on sites they have banner ads okay so I don’t know if any of this is gonna actually happen or not but these dudes that are valued at 6% on the futures market they got something going on because they’re putting the banner ads out there alright so then there’s another there’s another one that I just heard of today my buddy in Argentina where I might be soon you never know he he informed me a B Adam not like my name Adam but like a t om but you know I like the name it sounds like my first name a little bit and they have a tweet that’s out there and I’ve retweeted it I’ll link to it below they’ve got something going on with coin ami like I think you’re gonna be able to extract from coin ami your B Adam that’s pretty wild if it’s I mean and and coin ami actually tweeted this out I think it was the real coin ami Twitter account it’s linked or below hey man we got all sorts of things going on so crypto dividends I mean I predicted it back in August this was gonna be a huge thing it’s it’s definitely taking on a life of its own beyond altcoins um again these are all alt coins I’m not saying in the end of the day there’s only one Bitcoin okay people Z classic and altcoin be private and all coin be Adam Adam an altcoin but these are all things we can get for free and convert them into Bitcoin and that is the goal here all right so yeah Bitcoin is where the big boys play that’s the end the Bitcoin cryptocurrency part of this show I did want to say I link to below the song hush by deep purple that is awesome song from balloon like 50 years ago almost that I guess so i’m adam meister the bitcoinmeister the disrupt meister remember to subscribe his channel like this video share this video check out the notes section below pound that like button I’ll say hello it’s everyone in the chat and do check out the videos the few of these recent videos I’ve done in the last couple of days they’re very interesting their link to below bye bye
Because it’s illogical and more importantly the prices the least relevant or interesting part of Bitcoin Can you explain that the economy to people because a lot of people would say oh that makes sense. But if you explain it a little bit better and you understand that it doesn’t really make sense. We’ll think about it this way in 2000s – 90% of all internet start-Ups went belly-up almost a Trillion dollars of value was destroyed and That was the internet’s best year. Why? because that’s when you started really seeing the web take off and the utility and Adoption all hit these inflection points with the the real explosion in mobile the beginning of smartphones and mobile internet the web had finally taken hold and was beginning to get serious attention from Business and all of the first generation in the internet starts blew up But what really happened is in that in the last two years in that bubble the the internet became entrenched in everybody’s life 2000 was Simultaneously the internet death and it’s rebirth and so but that is capitalism that process of creative destruction and rebirth is the process that creates tremendous Innovation and attention for things Bitcoin has now gone through four bubbles like this and in fact everybody knows about the November 2013 went up to $1,000 crashed down to 230 We’re at 270 now.
Yeah! But what people don’t know is that that’s not the biggest bubble Bitcoin has ever had two years before that bitcoin shot up to $30 and crashed to 25 cents and in relative terms that was a bigger climb and the much bigger drop and it took almost two years to recover from that and That was its second biggest bubble because a really big bubble was when it went from a thousandth of a penny to a dollar at one dollar that was the real birth of Bitcoin because Parity was almost considered unattainable the dollar per Bitcoin like a holy grail dream Right because it started off as worth basically zero and an idea.
Absolutely and the idea that you can bootstrap a global currency from nothing was in itself a ridiculous idea So when you hit dollar parity you’ve proven that you can bootstrap a global currency from nothing and that’s never happened before To then say that the Bitcoin is dead because it’s a 260 If you go back the idea that it could ever reach 260 was insane and by the way We’re not done. We’ve got at least three or four more bubbles right bitcoin is not going to now be steady Because every time attention shifts back it blows another huge rise and Because there’s not enough to sustain that rise usually it will then revert and crash down again. This is a rollercoaster It’s going to continue to be a rollercoaster for three or four years just like the internet was the big difference the internet didn’t have a single stock price that everyone could pay attention to So it’s both a blessing and a curse.
It’s a blessing because it’s an investment vehicle by attracting people to speculate on it it’s generated a lot of attention when it goes up it generates a lot of investment in Bitcoin companies and a lot of the early bitcoin millionaires if you like We’re able to reinvest their bitcoin into startups, but at the same time double-edged sword Every time it crashes someone writes in an obituary for bitcoin like “bitcoin is now dead” By the way, there’s a site called bitcoin obituaries.com where you can read 150 obituaries written since 2010 all of which are not true And I am guaranteeing you they’re going to be two or three more years of Obituaries being written about bitcoin.
-US Litecoin Price Prediction For 2018, 2019, 2020 Litecoin price prediction for January 2018. In the beginning price at 223 Dollars. Maximum price $306, minimum price $136. The average for the month $205. Litecoin price forecast at the end of the month $154, change for January -30.9%. LTC to USD predictions for June 2018. In the beginning price at 184 Dollars. Maximum price $184, minimum price $144. The average for the month $167. Litecoin price forecast at the end of the month $155, change for June -15.8%. LTC to USD predictions for December 2018. In the beginning price at 300 Dollars. Maximum price $372, minimum price $300. The average for the month $330. Litecoin price forecast at the end of the month $348, change for December 16%. Litecoin price prediction for January 2019. In the beginning price at 348 Dollars.
Maximum price $357, minimum price $311. The average for the month $338. Litecoin price forecast at the end of the month $334, change for January -4%. LTC to USD predictions for June 2019. In the beginning price at 348 Dollars. Maximum price $396, minimum price $344. The average for the month $365. Litecoin price forecast at the end of the month $370, change for June 6.3%. LTC to USD predictions for December 2019. In the beginning price at 464 Dollars. Maximum price $472, minimum price $410. The average for the month $447. Litecoin price forecast at the end of the month $441, change for December -5%. Litecoin price prediction for January 2020. In the beginning price at 441 Dollars. Maximum price $548, minimum price $441. The average for the month $486. Litecoin price forecast at the end of the month $512, change for January 16.1%. LTC to USD predictions for June 2020. In the beginning price at 696 Dollars. Maximum price $762, minimum price $662. The average for the month $708. Litecoin price forecast at the end of the month $712, change for June 2.3%. LTC to USD predictions for December 2020. In the beginning price at 712 Dollars. Maximum price $730, minimum price $634. The average for the month $690. Litecoin price forecast at the end of the month $682, change for December -4.2%..
– Alright guys, today we’re gonna talk about how I was able to get my Tesla Model 3 for far less than the actual price of it. And it involves some cryptocurrency stuff, and I wanna keep it simple and easy to understand, so I’m gonna bring my wife in– (cheering) to help make sure that I don’t get too deep into the weeds there. So let’s get started. Alright honey, so I told you that we weren’t gonna spend that much money on this car. – Yeah. – And it was almost $60,000. – Right. – I know that’s a lot, and you’re not thrilled. – I just think when you spend money on cars, you don’t get that money back. Like the instant you drive it off the lot, it all goes away, so it just doesn’t seem like a good investment to me. – Oh snap! – That is true. – It’s a hard sell for me. – That is true, and so to recap, our Tesla Model 3 was $54,000 MSRP, then taxes and everything else were– – [Jenny] Because you had to have the autopilot, you had to have– – [Ben] Well to get the long range, we had to get the, or I’m sorry, to get it earlier we had to get long range and premium upgrades, and autopilot you just have to have.
– [Jenny] Right. – So taxes and fees and everything came to just under $60,000, $59,866. Pretty expensive for a car, especially not the higher end Tesla. – Yeah, I mean I think the most I’ve ever spent on a car was close to 26 or 27 when I bought the car right before Jack was born. – The Acura RDX, and so we actually used some of that to pay for this car. So overall, I think the message here today is that we have good news, that we didn’t pay nearly $60,00 for our car.
– Well this is how it always starts. I complain about spending too much money, and you go let me look at the data, and I’ll make sure that’s not how much we spent. So, that’s were it’s subtle. – That’s how the first one happened. – This is where this is born from. – Okay, so let’s just talk about real quickly what these numbers are. We got a loan for $27,090. – So here, I had a question for you, why did you get a loan? How come you didn’t find some way just to– – Just to pay for it? – Right, because I think what you’ll get into is that we pulled from certain investments.
– Yeah. – Like, you’re very into getting loans. – Well okay, so if I can get a loan for under 5%, then I can essentially take that same money, put it into an index fund or another investment that is more or less guaranteed to get a 5% or greater return, and we’re making money on the deal. – Say what?! – Okay. – That make sense? So we’re borrowing the money and we’re paying for that, but we’re taking that same amount of money and putting it somewhere else where the amount we’re making on it is greater than the cost of borrowing. – So you think you can do more with money if it’s not– – Yeah, and it’s tricky, right, but I think it’s smart if you can do it, and so our loan, $27,090, we got a 2.19% interest rate.
– That’s pretty good. – Which is extremely low. Tesla was offering I think was the lowest that they had, and so yeah, this is just a little bit less than that but still better. The reason we got the lower interest rate is because we got the shorter term, right? – What did you do, three years? – We did three and a half, 42 months.
– Three and a half. – Some people do, most people do 60 months, like a five year loan. Some people do 72 months. I think that’s too long, most people don’t keep their cars that long, and the only reason to even get a loan was to save money on interest. – Okay. – That’s what we did. – Yeah. – So, hopefully that makes you happy. – Yeah. – And so that gives us a monthly payment of $673.00. – Jeez still? – That’s not bad. – I know, but– – If we were to get a loan for the entire amount, it would be close to $1,000 a month. – Wow, okay. – Yeah. ♪ I make it rain, I make it rain ♪ – Which is what the other Tesla was. I think actually it’s like $1,200 a month or something.
– Yeah. – And that’s ’cause we financed almost all of it. – The shorter loan makes your payment higher. – Right, right, and you know you build up, if you were to resell it, it’s a better deal but really the main reason to do it is for better interest rates. – Okay. – The cost of borrowing the money. – So we’ve got about half in a loan. – More than half, yeah. Well actually no, yeah that’s about right. Then we sold your car and we sold it at CarMax, not a sponsor. – I love CarMax. – I do too, they always give us a good deal. – They make it so easy. I’ve sold two cars on Craigslist, do not recommend that. It is like the worst experience I’ve ever had. – Great experience So they gave us $14,500 for your 2013 Acura RDX. – Yep. – We paid originally $26,000 or so. – Something, I can’t remember.
– Anyways, so that was 14, so that money is, that’s money out of pocket. – And I had already paid that off. – Right. – So I didn’t have a loan or a lien on it. – Right, so that was money that was sitting in the car, and we took it out of the car and spent it here. Then comes the magic, and this was one of the coolest things that I was lucky enough, we were lucky enough, to have a friend that recommended looking into certain cryptocurrencies a while ago. – And I think it’s so cool. I’m just still trying to grasp– – Yeah. – What cryptocurrency is. – Don’t really need to worry about what it is, how it works, or any of that. – Money! – There was an amount of free money here, so we spent $2on Ethereum back in January of 2017. – [Jenny] Okay. – Which at the time the cost of one of Ethereum was $10.00, and we sold 20 of those Ethereum close to $800.00.
And so our final after fees and everything for processing now was $14,5that we got from a $2investment. – Gotcha. – So think about that like stock, or something. We invested in Tesla, they went up and we sold the Tesla– – Can you can take out the money whenever you want? – Yeah. – Oh, okay. – Yeah, it’s just like a stock or gold or something. – You didn’t want to take out $60,000 because you feel like it could make more. – So here’s the thing, a lot of cryptocurrency fans, people probably watching are freaking out right now because we sold Ethereum, but if you think about it, we went from $to $800.00. That’s a great, a huge return. That’s a win. Now we didn’t sell all of our Ethereum, that’s why I got a loan. – Yeah. – So I’m calling that $2is what we spent. Yes, we could have taken the $15,000 went out and done something else with it, but really we put that $2and turned it into $15,000 almost, and that paid for a lot of the car. So starting out with the loan amount, our total cost for that including interest was just over $28,000, Jenny’s car gave us $14,500 to put towards it.
The $2Ethereum purchase which later turned into almost $15,000 helped a lot. We have our $3,500 deposit which we had already paid, and then we’re subtracting out the tax credits gives us a final price that we’re actually out of pocket for, for our Tesla Model 3, at $36,468. – Alright guys, well, thanks for joining us. I’m curious what you guys think about this. Was selling the Ethereum a bad idea, was it a good idea? How are you going to finance it, are you finding better rates than we found? Leave all this stuff, all those comments down below, and we’ll have a chat about it.
Until then, don’t forget when you free the data, your mind will follow. Thank for watching we’ll see you back here next time..
Facebook Bans All Cryptocurrency Advertising Including ICOs, Bitcoin And Ethereum Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.” That also means that “crypto-genius” James Altucher, whose ads have appeared all over the internet and have become a meme of sorts for the entire crypto industry, won’t be able to advertise on Facebook. Ads that violate the company’s new policy will be banned on Facebook’s core app, but also in other places where Facebook sells ads, including Instagram and its ad network, Audience Network, which places ads on third-party apps.
“This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices,” wrote Rob Leathern, one of Facebook’s ad tech directors. “We will revisit this policy and how we enforce it as our signals improve.” The cryptocurrency boom/bubble has led to scams and wild price fluctuations that have cost a lot of people — including unsophisticated investors a lot of money. Scams are illegal, but gambling on investments you don’t understand is not. Look for blowback from entrepreneurs and investors who argue that the move unfairly punishes legitimate cryptocurrency companies and related crypto products.
Facebook’s board of directors includes two investors — Marc Andreessen and Peter Thiel — whose firms have been prominent crypto backers. Facebook Messenger boss, David Marcus, is also on the board at the popular crypto exchange Coinbase..
THE STORIES OF DRAMATIC SUCCESSES ARE INTOXICATING I PUT MORE THAN $1000 IN THIS MACHINE. Reporter: HE MAKES REGULAR VISITS TO THIS BIT COIN ATM.
ONCE THEY GO UP, I SELL BACK TO MY BANK AND MAKE PROFIT.
Reporter: HE HAS A GRASP ON SOMETHING THAT MOST PEOPLE DON’T. I KNOW IT’S ONLINE MONEY. BASICALLY, ELECTRONIC MONEY, I GUESS IS IT USABLE AT McDONALD’S?
Reporter: THE FIRST THING YOU HAVE TO UNDERSTAND IS THAT WHILE THERE WERE BIT COIN IMAGES OUT THERE AND OTHER CRYPTO CURRENCIES, IT’S NOT LIKE CASH. IT EXISTS IN THE EITHER OF THE INTERNET. BIT COIN’S AND IT TOOK CURRENCY EXIST ONLY TO THE EXTENT THAT I BELIEVE IN THEM AND YOU BELIEVE IN THEM. NOW WE HAVE TWO, THREE, FOUR IF WE CAN GET THE BELIEVERS INTO THIS MODEL, NOW WE’VE GOT VALUE BETWEEN EACH OTHER.
THAT IS THE EXTENT OF IT.
CRYPTO CURRENCY CAN BE USED BETWEEN YOU AND A SELLER ON THE NET. OTHERWISE, YOUR CURRENCY STAYS IN THE INTERNET UNTIL YOU CHOOSE TO CASH IT OUT. I TRANSFER FUNDS FROM MY BIT COIN ACCOUNT TO MY REGULAR ACCOUNT IN THE BANK.
THEY ARE THE DEFINITION OF VOLATILE AND RISKY. BIT COIN’S HAD NO CALL IT — VALUE AND THEN THEY WENT UP TO $20,000 A COIN. SOMETIMES I WAKE UP IN THE MIDDLE OF THE NIGHT AND A LOOK.
Let’s go ahead and just dive right into our daily cryptocurrency analytics for today. We’re gonna be looking at different coin prices and see where prices are headed, and why the market is down.
I do want to address the tethered controversy as well with all of the different things happening with their auditing side of the equation Alongside with if this is the end of the bubble a lot of people are asking whether or not This is the end of the bubble so I definitely want to address all of those questions today We’re gonna be doing a book giveaway here giving away the Internet of money as well as doing a roo being above night out for All Ruby patrons and above all those links on the description below Then we’re also gonna have a little bit of a discord night out today It’s gonna be a little party in our discord chat So let’s go ahead and just dive right into it’s gonna be an awesome night, and let’s go ahead and check out these prices So currently looking here at our trading view chart This is our Bitcoin USD chart as you can see we don’t have any indicators as a trading view chart the links in the description below We’re gonna be inserting a couple different indicators here being that we’re looking at this correction and how steep it’s gonna head We’re gonna be utilizing the autofit today alongside with the average here the moving average exponential the RSI the three moving averages the volume And then we’ll go ahead and start looking at these price zones as you guys can see If you guys looked at my previous prediction I do want to pull that up here We actually are now hitting that buy zone that we initially started to talk about in the beginning And you can see we’re starting to enter that zone here where we’re heading towards this 200 moving average Which is actually right here in blue so looking at price levels in a technical standpoint once again the technical analysis isn’t an end-all be-all The technical analysis is just a gauge of a risk and reward pattern that has occurred previously through psychology, right? because most of trading is the psychology of Humans and and really how they react with risk and reward and that’s what these patterns are really For so looking at where we’re headed we’re heading into this buy zone that I’ve set out and now we’re heading towards that 200-day moving Average which is actually right here in the bottom of the Fibonacci line if you guys actually pull up this other chart That we actually took which was actually going through the different waves that bitcoin was following you can see we had this ABCD ABCD Hoping to get another a way, but that actually did not work out we was trying to go back up You can see it started to crash back down so that went ahead and broke this whole pattern Now heading back down you can see that moving average once again is right alongside with that Fibonacci line of course It’s not exact, but we are heading towards there So the only next rational support level is that 200 a moving average? Which is currently right around eight thousand eight hundred and ten dollars So that’s really where the prices are looking like it’s heading right now And if it does hit that level I’m sure we’re gonna find some sort of support there But the real question is are we gonna maintain support at that 200-day moving average And that’s a question that a lot of us would like answered up sure you can see RSI is not even below Just yet so it’s definitely not oversold in terms of the RSI And if you pull up the MACD we can actually go ahead and see where we’re at in terms of these Crossover momentum pushes you can see we’ve now just started to cross together with the MACD line at the fast enough slow line now Heading down and you can see this is an indicator that we’re still gonna see a little bit of some down and some downside with the prices over the next couple of days so You know my opinion with Bitcoin of course.
There’s a lot of factors here The tether controversy is something a lot of people have really brought up recently as you guys know I actually have this article pulled up here for some of you guys that aren’t familiar with a tether controversy But so tether pretty much is a way of hedging against Bitcoin utilizing the u.s. dollar Valuation which is with the USD T? Ticker symbol stands for and you can see the Friedman LLP is actually the company that audits tether because in tethers website They actually claim to have all of their coins backed by actual US dollars and this is really where the controversy lies so if you pull up the website as you can see they’ve got the CloudFlare pull it up here. You can see down here. It’s 100% backed quote unquote every ten There’s always back to one to one by traditional currency held in our reserves so 1 USD T Is always equivalent to one US dollar now people are questioning the fact that tether is able to really? Create or come up with all of this actual US dollar fiat currency to back their coin in such a short amount of time you can see how they went from almost nothing to over two billion dollars as a matter of fact billion dollars and people are questioning whether or not, that’s Even possible and you can see the tethered price is not at $1 right now where it’s supposed to be now on some exchanges it Is at a dollar as you can see oke oke oke X? BitFenix at least in the USD two USD t evaluation It’s a dollar but for most other pairings you can see it’s apparently under a dollar, and I think that has to do with what’s happening here with Bitcoin and People are very worried that you know tether is not able to maintain its dollar Valuation and as you can see here the last time they got audited by a third-party company which is Friedman They were actually held up they were Told to have 142 million dollars in reserves, but recently they’ve actually just now Kind of stepped away from this auditing company And they don’t actually have a relationship as you can see tethers relationship with the auditor Freedman LLP has dissolved according to a Saturday report from research and use Intensifying concerns about the platform’s transparency so of course not having an auditing Company to actually verify that you have those US dollars for consumers like us using the USD T Tether it’s concerning and you can see the most controversial allegation against tether is that its coins are digitally minted to purchase Bitcoin on the BitFenix exchange which in turn drives up the price in the world’s number one crypto asset drawing business as the cyber unit climb so this is a little bit more of a extreme you know acclimation against Bitcoin and USD T and how USD T can manipulate Bitcoins price, and I think that is also a big concern for a lot of people people are also talking about the Bitcoin bubble Right people are looking at this bubble chart saying this looks exactly like what we saw here.
You know in the past couple of months With Bitcoin if you actually make it look like that you can always manipulate the way the chart looks you can see people are saying Man this looks very similar to how the Bitcoin or the internet bubble was but you do have to understand There’s a lot of difference this year the internet bubble here pretty much peaked out at about three trillion dollars And that was at current valuation so if you look at today’s valuations of you know the inflationary value And how that has affected that price that’s probably looking at about 10 trillion dollars is really where this peaked out Not only that this was about a two year time frame So you can see the real run-up started here around 1997 to eight and then it shot up, and then pretty much peaked out Right there in March of 2000 where we really saw that pop and what’s interesting about this? Bubble is you can see there there was corrections along the way So you can see this was probably the biggest correction here there was a correction here.
There’s a correction here There’s a correction here, and you can see throughout this time There’s been these periodic Corrections So it could also very well be that we’ve only seen this part of the correction And we have all this to go right and the reason I say that is if you look at this valuation hitting Trillian today’s market valuations were under 1 trillion here with Bitcoins actual prices so you can see we haven’t even hit a trillion dollar market cap and that’s total market cap Bitcoin itself Has let alone in itself hit half a trillion so looking at bitcoins Valuation in my opinion this could very well Just be one little step one correction towards the real big correction that may occur because this is really Minut compared to the internet bubble and what occurred there? So I’d love to hear you guys his thoughts on that I know we have a live audience here So let’s go ahead and take some Questions and see what the live audience has to say about that because I’m sure some of you guys are You know talking about that in some way shape or form so let’s see here somebody said Next year don’t worry yet interesting somebody said What’s up, what’s up? What’s up tether connect? That is hilarious somebody says bleed So what do you guys think about the tether drama? Let’s hear.
Let’s hear what people have to say here about tether it’s answers some questions. Maybe somebody said Elliot waves Somebody says I told everyone about tether issue two days ago. Everyone was laughing. Oh, yes Sebastian You know the the tether issue has been pretty ongoing for quite a bit now to be honest with you I mean this has been an issue since November right I mean This is really November was when it really came to fruition when they had That huge run-up in their market valuation and people are like man. How do they print all these points out? What’s up, Josh get to have you Josh is in the house and egg Conner Briggs mark decal de Cal the sipping coffee, and I’m sipping this from Lacroix here Eric Gutierrez That’s nice the fact that the auditor could not verify cash speaks volume 100% Eric I agree in the fact that they’ve dissolved their relationship with Freedman LLC I mean the fact that they’re dissolving any relationship number one is a little bit of a You know concern in my opinion, and it’s definitely concerned for me Now for me personally You know I would say that I haven’t put all of my assets and back into the market of course Since you know this career began as you guys know I liquidated my profits.
I took what I could and you know I did put a Position back in around eleven thousand three hundred which I haven’t sold just yet being the fact that yes I’m worried in some regards about the tether you know incident how that can affect Bitcoin But at the same time I know that Bitcoin itself has its own valuation you know I was actually with the co-founder of Manero and the chairman of Kodak yesterday They were actually speaking at one of the events that I attended and you know Much much optimism is still apparent in the market right now. I’ll tell you that right now I mean it wasn’t even a facade. I mean you can tell that these guys Are you know they’re tunnel vision is the the forward thinking path for Bitcoin and cryptocurrency? It’s not necessarily looking back at what happened or what is going on? They’re looking at the forward vision looking at what’s gonna come to the market? What are the new technologies coming up looking at different projects talking about different projects? And you know you can just tell that they were very optimistic about the future Which I think was very assuring for investors like me and and the community of course like all of us, so Somebody says aren’t both tether and BitFenix non-us entities how can our government subpoena them? What does that even mean Markus Nemec yeah? Well, you know of course being the fact that these companies are outside the US.
There’s little that the u.s. Can really you know do in terms of legalities? I mean there’s always things that can happen the US does have some sort of control outside the border but at the same time You know a lot of these companies like if you take bit connect for example or how people were talking about the big connect Connor To controversy and comparing it to this tethered controversy the big connect controversy. I mean big connect They registered the company under many different individuals Quote-unquote promoters and at in that case you know there’s different liabilities.
I mean in the u.s. You can pretty much sue for anything so you know it’s really a Sensitive topic topic there somebody said there’s actually one still for me a cup and handle the tether room in it So he’s a stay lit fam tether straight wacky. Oh for real. Yeah, wit guy what keep it real name one true Love thanks, dude. Thank you Thank You Ben so he says name I watch the crippled millionaires video yesterday they were very sour on Xvg a coin we have discussed on this channel many times you grew their dislike of that coin Ryan Steinberg Um you know I think that they were more so Dissatisfied with the pump that these coins received like Tron and Virg I think they just weren’t as you know fond of these coins having such a huge run-up out of nowhere I think that was more of what their concern was because they’re really big on value investing and that’s something that I learned yesterday You know these guys are extremely you know diligent with the trades and the The coins that they invest in to the point where some of them are only investing in four or five coins I don’t know if you guys heard One of the individuals, I think the CEO of coin watch which is a huge Entity in this market.
He talked about you know only having four or five coins, so it was you know it was uh extremely eye-opening for a lot of people But for me it was something that I’ve always talked about you know I think it was kind of like you know something. It was just almost like repeating what I’ve talked about before It was very general. I think I got more out of the other sessions behind the table You know really meeting some of you guys that was awesome You know it’s talking to some of you guys But more importantly talking with some of these experts that you know are now having icos for example or even experts like even having the co-founder of Manero there, I think those conversations last night We really want to impacted me the most Hearing a little bit of what they have to say about the current market and you know really their their perspective is instead of investing in a coin you want to invest in a person because it’s almost like playing football right if you have a Quarterback that’s good and the quarterback is gonna get you to the endzone Then it doesn’t matter if the quarterback gets tackled along the way right.
This is a little bit of a tackle right now You know you see the market and the markets all red. It’s kind of like everybody feels a little bit You know disgruntled and not as good as they were feeling when everything was green and everybody was making money So it’s just another tackle right well. It’s in sync. It’s the same thing in football right you know I played football and I know in football You know you do have good place you have bad plays right if you’re playing a screen if you’re playing a Hail Mary Whatever your play is It’s not necessarily. How you get to the end zone It’s all about getting to the end zone, and I think getting to the end zone is important But the most important aspect of that is the quarterback because the quarterback can do it in many different ways you can play it you Can do a run he can do a pass you know he can run himself if he wants I mean There’s so many different ways he can do a lateral like There are a lot of different ways to get to the end zone, and I think having a leader An individual leading a company like vitalic beuter and for example that’s paving the way for the smart contract blockchain capabilities I think having that is the most important aspect of where you’re gonna invest your money because no matter what they can what I call divert right divert diverting is such an important aspect of business because diversion allows you to move and become adaptable, right It’s not about who is the fastest who’s the best it’s about who’s the fastest that? adapting to new environments and new technologies And I think that’s being that’s really the most important thing about this whole cryptocurrency revolution And then looking at these coins once again.
You know my belief system these coins are Completely you know Unfazed by what we’re seeing in the market the reason I say that you know I woke up today I logged onto my phone And I actually I was actually trying to send my mother some Some money for some stuff that she helped me with and she’s you know across the whole country right now for me? And I logged into my phone, and I went onto my cash app to send her money And I don’t know if you guys realize this, but if you open up your cash app right now You go to cash app This wasn’t like this before by the way cash app is owned by square you open up the cash app look you Go you go into the cash app and then you literally can click You can right you can click your profile go down and says Bitcoin Look at that Bitcoin, and I was like.
What are you kidding it? Literally says Bitcoin and I click Bitcoin. It says buy sell enable withdrawals, and I click buy and it’s up to $10,000 a Bitcoin. I can just buy up to $10,000 a Bitcoin just like that and I’m like this is awesome You know not only that you’ve got Robin Hood Robin Hood’s coming out with Bitcoin capability So you know I’m not saying I don’t have any concerns, but I am saying that There isn’t necessarily Anything that in a fundamental standpoint? That is you know going backwards for a Bitcoin right now. There’s just all of this stuff kind of hitting it from the side and You kind of have to take a step back and say well is there anything really like Changing for Bitcoin is anything going backwards because at one point it was worth $20,000 But now you’ve got all of these things matter of fact Not only is it not going backwards, but it’s going forward right you’ve got Robin Have you hacked the cash app you’ve got all of these different partnerships all these different companies enabling the technology utilizing adapting it Adopting I’m sorry so you know I Warren Buffett actually is one of my you know most Inspirational investors, I guess for me as an investor.
You know he inspires me greatly I mean he has over 200 billion dollars of cash assets, and you know that’s real cash that he hasn’t me He’s got a lot of money, and he’s invested a lot of money all he’s done is invest And you know I love his teaching style you know if you’ve ever watched a Warren Buffett video I would highly recommend it or if you’ve read one of his books You know I’ve personally dived into his mindset because I want to know as an Investor what is the right mindset? He’s a very very pure value investor. You know he’s not a day trader He’s not a swing trader Warren Buffett is a value investor does it invest in technology matter of fact he doesn’t have the best things to say about Bitcoin, but he also criticized the founder of Tesla and SpaceX Elon Musk and said that Tesla and SpaceX weren’t going to do anything And so he’s not necessarily that right in every aspect But in investing he definitely knows what he’s talking about and you know just one example of something that he actually said You know at one point in Warren Buffett’s life.
He invested and made a lot of money in coca-cola and At the time coca-cola was at a you know really low price. It actually crashed right and when it crashed Warren Buffett bought a ton of coca-cola shares and He was interviewed and the interviewer said well Warren Buffett. You know why are you buying much coca-cola right now? When everybody is selling it and it’s crashing right now. He’s like well. I woke up today I went to the store, and they had coca-cola on the shelves and I bought some coke, and then I went to the restaurant and they had some coke and inside the restaurant. I ordered some coke and last time I checked nothing has changed with coke coke is still being accepted everywhere and When it was valued at that price the higher price, it was accepted at the same places. It’s accepted now a matter of fact It’s probably being accepted at more places right now even though prices are lower Here’s like so in a fundamental sense coke is still a valid and I mean it’s a valid product It’s a valid you know in other cases.
It could be a service and Because of that I’m going to invest in it and if it’s at a lower price for me. This is a discount so I I relate to that With what happened to me today when I logged into my phone on my whoa so the cash app accepts Bitcoin now you know this is after coming from a cryptocurrency conference with the co-founder of Manero and the chairman of Kodak who’s just now having an ICO And their stock tripled by the way after the announcement of their I seal which Kodak kind of needed so You know this is this is really you know.
I’m not saying. I don’t have a concern guys I definitely have a concern. I think tethers complete BS. You know and the reason I say that is I don’t think they have billion dollars if they did why the heck did They dissolve their relationship with their auditing company the one person that could verify and validate their company and what they’re trying to do It may ruin that relationship.
Why they don’t have enough money to pay them. I mean you got billion dollars You should be able to pay them so that I understand, but you know aside from that. I think that there’s all this other There’s all these other nuances that we have to take and concert’ into Consideration super duties said this is why I come here love naive. Thank you, man. I mean I’m just speaking the truth That’s it. I mean you know. I’m just speaking the truth Somebody says If you don’t find a way to make money while you sleep you will work until you die yes, I agree so he’s testing says yes name the QB I was not a quarter I loved playing quarterback matter of fact quarterback was my favorite position however I ended up you know Playing other positions when I was actually playing football, but when I was playing street ball I’ve been out play quarterback all the time old-time QB Somebody says is do you ever move your money to USD team that market is red crashing mainly beats it CUSD T Matt Eye on if you use Gemini you don’t need to use guys You know you don’t even need to use tether anymore You know the real reason people use tether for the most part is because they wanted to avoid taxes Because at the time both prior to 2018 Utilizing tether was another coin, and you weren’t being taxed on coin to coin transactions therefore you were avoiding short-term capital gains That’s why the majority of people used tether now you don’t really need to use tether you can just liquidate back into u.s..
Dollars Like it really isn’t that hard to sell your Bitcoin for USD like seriously, you’re not gonna get taxed any lesser anymore It’s the same exact tax now I mean they’ve enabled short term capital gain taxes So you know there really isn’t even a use for tether to be quite frank with you at this point I mean in certain regards there, are you know for people outside the country some people have special cases There’s always special cases right, but for the most part for an investor like me.
I’m speaking for myself I don’t need to use tether you know I don’t need to use it to avoid taxes or anything because I there’s no taxes to avoid in reality right now, so Yeah Somebody says good work Nayeem bless you. Thank you Dean Akkad Somebody said Nick II love your channel very informative. Thank you, brother appreciate that Somebody says I appreciate your honest and personal opinion of the market as a whole.
This is the whole reason I watch your videos Thank you Kyra Knight appreciate that somebody says King hyeme, Eduardo Bennett ease you guys are giving me too much credit Seriously, I’m just throwing my two cents somebody says What’s the quarterbacks favorite meal? the raw the Roethlisberger That is hilarious somebody said haha waterboy, I wasn’t a waterboy actually no I was never waterboy I was thinking if I was I think I was injured once I may have done something like that, but Saudi says watching from Ghana, West Africa. I’m sure you are at this time, right So does this make Bitcoin great again? guys make Bitcoin great again We’re not gonna. Go ahead and do that Did you use or can you recommend a programmer to keep track of our date rates for tax purposes? I would use coin tracking coin tracking you can use coin tracking. There’s also a coin folio or some yeah coin folio I believe and what’s a better place to buy Bitcoin and transfer it to by Nance I would do Gemini or something of that nature Gemini you can you can liquidate into USD by the way guys don’t be dumb and you know like You know don’t don’t be written irrational in this market.
You know like at this point Jyothi at this point what I would say in the market is you know for me personally I am not buying or selling much I haven’t put in my excel in position you guys a lot of you are asking me here See me just ask me about an excel M position I haven’t put it in yet because of what’s happening in the market you can see we did follow exactly the path that we actually Have drawn out by the way Some people are freaked out of these USD valuations the Bitcoin Valuations are not that bad to be really honest with you look at the Bitcoin valuation since the toshi value Satoshi value have you guys noticed that if any of you guys taking the? Like if you guys are looking at satoshi value on these charts have you guys looked at the coin market satoshi value which is what? I primarily look at it’s not that bad a matter of fact There are some performers right now like aetherium you can see a theorems up Litecoin is staying strong.
You know go litecoin go iota Go Liske look at list taking off V chain proud of each chain even stellar only 3% down in satoshi value not bad You know it’s the handle is still there. I mean if you look at the Excel M Chart that we drew out I think that was the excel on chart that we draw is there the one with the buy zone No That’s it so you can see the xlm chart the handles formed exactly where we expected at the Forum which is right around this area Remember I drew out this line for you guys. There was a reason I drew that exact line out so The fact that we’re forming that handle right there, you can see that it’s now some green zone some green prices But I’m just being very cautious about this market. That’s just the truth guys You don’t want to lose money when you know the markets in a fragile form right now You know this is something that happened in the stock market back around 2008.
You know 2008. There was a huge crash you know if you guys don’t know you know this could really help you with your trading right now if you actually know the The past you know that could always help right so when you look here. You’re looking at past prices you go 208 You can see Oh 8 We had this huge crash here, so this is the Oh a crash? Some of you guys remember this some of you guys lost money this might scare some of you guys But this is Apple stock in 2008 and a lot like many other stocks There was a huge crash.
Here’s something that you guys might not know about the traditional markets I have a lot of knowledge of the traditional market so I can teach you guys some things on the traditional markets That’s where I started so the best days in the traditional market always Happen within two weeks of the worst days in the traditional market So that’s one thing in the stock market that a lot of people don’t know matter of fact the average S&P 500 portfolio will have around a seven – Sometimes a little bit higher than that percent gain over the year sometimes less than that But if you don’t take advantage of the four to six Good days of the stock market that ratio goes from around 6 to 7 percent down to like 4 3 to 4%, so The majority of your gains in the stock market happened on very specific days and those specific days those really big days typically occur after within two weeks of the worst days in the stock market so This right here is you know some of you guys went through this crash? But this for the stock market. This is a big deal.
You can see we were on a constant run You can see there was another crash a little bit of a crash here too this was 2000 so this right here was as you can see this is the dot-com bubble That’s how Apple held out on the.com bubble so you can see how it had this run up This hat had this huge run up, and then it crashed So you can see now though this crash in 2000 was nothing compared to what ended up you know happening to Apple, and you look at where it’s at now if you bought at any point of this price like of this uh you know of this stage of Apple’s shares or stock you would have been fine look. I mean we are at all-time highs now, right? We’ve been in a huge bull market over a nine year bull market now So you know looking at bitcoins prices, you know this doesn’t necessarily? scare Investor like me that has seen this time and time again, and you know at this point.
It’s become commonplace for me You know I mean You know I’ve seen this before I’ve seen this many times before and all this tells me is that sooner or later We’re gonna see some positive upside right because what is it gonna go negative, right? It’s gonna keep going down that hit negative You know I mean next thing you know we’re at negative 200 like that’s not gonna happen right and yeah I could correct 880 600 it can correct the 6000 it can correct the 6570 But regardless of where it corrects the point is do you still believe in Bitcoin? And if you don’t I don’t know what you’re doing in this market I mean if you just want to make fast money on something that can potentially make you fast money That’s fine, but the real money’s gonna come from the ones that Hotle right like that’s really the most It’s the safest I guess you can see safest play here especially if you’re only investing money that you’re willing to lose so Hopefully that helps let’s take some questions somebody says Strong hand people yes, Marianne 4/20 huddle Okay, how about for long-term holders yep somebody says CNBC hit Apple past few days sin feud or fun on BTC Somebody says he doesn’t like me oh I actually was pretty Surprised by neo.
I was listening to the Neos CEO. You know anytime I do my research my due diligence I’m only looking at the actual You know the actual things that the CEO or the founder of the co-founder are talking about the coin. I’m not looking at CNBC I’m not looking at coin watch I’m not looking at any of these new sites highly recommend you guys do the same thing by the way That’s really where I’ve been able to make my best decisions and neo You know listening to the CEO it surprised me quite a bit You know it made me realize that neo is very different than aetherium in a lot of ways You know neo is actually set out to be able to really handle a lot of transactions per second It’s it’s actually got the ability to handle millions of nodes Apparently so you know he’s you know that’s something that I didn’t even know about but he says that the scalability on Neos Is very big and it has a lot of potential in terms of scalability? so there are some things that I’m starting to really understand about neo that I never really understood before and just to be honest and I’m starting to really look into neo as a potential investment long term.
So you guys know. I love my investments long term you know like about you know as a value then value investor side of me is you know the Funnest part for me because that’s where you’re really optimistic for the long term because that’s where big money is made so Hopefully that helps Thank You Claude for the super chat brother ten bucks Somebody said present evil Donald Trump will be a two-term president that has nothing to do with this. I guess right Somebody says al blah name I can sense your humility from all the way in Florida keep it up man Love to watch these informational livestream.
Do you think bitcoin will hit that 200 day moving average? I think so you know I think we’ll bounce off of that. You know being that they were in this Fibonacci level we’re in freefall mode right Bitcoin think of Bitcoin right now with some goggles and a Parachute and just imagine a little coin looking like pac-man. Just flying down from the sky right now like wow? That’s kind of what bitcoins doing right now. I Mean that’s can it. That’s that’s literally there’s no support level 100 days gone the Fibonacci were right in the middle.
It’s open air for Bitcoin. Just saying Name would it be prudent to sell the negative. Hype and buy the negative news good re-entry point Um funny you say that Claude. I’ve got my buy position set up right here I got my buy prices right here man 10 10. I’m gonna buy it 10,000 I’m gonna buy it 93 and I’m gonna buy it 88 86 85 around this level I might raise this up a little as if 200 a goes lower, but this is my buy zone, man I mean any time I’ve seen negative price movements we’ve only had positive price movements after that right like you can actually go back and see Bitcoin when Before the huge hype really came into play Bitcoin has had this happen to it many many times you can see here You know this I mean this one looked just like right now, right? You could see we bounced off of the 100 day moving average clod you see what I’m saying, dude So it’s following technicals guy’s technical analysis was made in the early 1900s when the markets were actually volatile because volatility is actual emotions and emotions are what create patterns Patterns are actually a it’s it’s a risk and reward pattern of the human psychology That’s what patterns are made by and for so you know it That’s why we use patterns.
It’s because it’s you know you can see it like a double top right you go You go to our discord for those of you our discord by the way We are doing a roux being above Q and a night out tonight because of the conference I went to last night I’m not gonna be able to do a full-on Q&A in the voice chat with everybody cuz we already have over a hundred people in our voice chat by the way guys oh My gosh. I got a message today. Let me read this to you I Hopefully this lady doesn’t mind me reading this, but she said I just got a message today. She says Good evening, Nayeem. I just want to extend my gratitude. I’m very new to crypto only a month in however since watching your videos I’ve consumed so much knowledge for most on chart reading I’ve read through many of your resources and amazingly caught on very quickly I really find so much satisfaction in crypto love to learn more on day trading and making this my full-time job I’m currently a personal trainer and going through a lot my personal life at the moment so my income is a little low for now But I’m able to become a patreon however.
I’m looking for a mentor to help guide me I want to absorb all that I can learn and outs of this business and create a YouTube channel You’ve really inspired me And I can’t thank you enough keep doing what you’re doing because your impact surpasses anything You could even imagine very respectfully and then her name, and I’m like wow That means a lot and all that have you know comes from the discord you know And I’ll show you exactly why you join in one of these chats. Let’s listen to these people Look at that. I mean they’re Talking about liske just slop through you know so I highly recommend you guys you know get yourself in the community But we are going to be doing a roux being above night-owl for all rubies and above. We’ll do a Q&A tonight That’s gonna be in the Ruby Plus, so we’re gonna end a stream fairly early And then so you know this was a this was back here in 2013.
I was actually around when this happened This is really when Bitcoin peaked out went up to around thousand one hundred and two hundred and it dropped down I mean this was the time that I was trading Bitcoin Actually, I think this was right before I started trading, but I was actually buying and selling here I wasn’t trading I was buying and selling though. I remember it was a 300 for a very long time You can see stayed here drug it stayed around three hundred two hundred Before that it was right around 100 less than one hundred stayed and around that price level Stayed on that 50-day 100 a moving average jumped up And then you can see I mean it was down for quite a while from these all-time highs Some people thought that it was never gonna go back up, but then 2014 came It went back up You can see 300 back up starts going through a thousand breaks through a thousand and then now where we’re at so This doesn’t look that scary compared to what we’ve seen before or a matter of fact That what we saw was Moore’s us.
It was more traumatic. It was more dramatic and steeper so Let’s go ahead, and uh somebody says this channel blows you guys want to blow this guy off the watch this AK see watch oh Look at that he just got blown away from the channel We got space for haters, so he says how much you even know about these coins if you didn’t know about Neo moon Renato That’s not I mean you can say what you want. I mean. I’m I mean I don’t care like I didn’t know about Neo because I knew about Neo. I just didn’t ever hear about that I didn’t hear from the CEO, so you know stop assuming something. That’s not true. You always have great advice name. Love your videos Thank you Wendell appreciate that Name, what’s up? Can you look at litecoin? We’ll look at like coin Nick Bannister said Hahahahahahaha, so he says by AXI How do you how do you since in making profit trading all comes in down a rocket a nos Edney? Well, I’m gonna be honest to be my my I I have not hit my target yet You know I was actually trying to hit at least.
I think it was like 43% profits this month Based on the calculations that I typically do when I plan my portfolio out every month, and you know this month alone I haven’t you know gotten near the 43 percent mark yet Thankfully I’m not down because I was labeled liquidate I am down a little bit on the eleven three purchases that I made a Bitcoin, but other than that I mean you know for me personally I am very strategic with where I put in my entry and exit points And I make sure that if I have a feeling that something is going to go down I make sure to get a position either at a profit Or at a loss, but my profits typically cover that so In terms of how to make a profit in a downward market The best thing you can do a lot of people were talking about this today And they were talking about using USD valuations versus BTC valuations But you can make a profit in this market by just making profit on Coins like aetherium right if you were holding a theorem in the past 24 hours You’d be at a two point nineteen percent profit right now so that right.
There is pretty stout look I mean you go to this chart You can see there’s a ton of coins here that are at a profit right now against Bitcoin And that’s if you were looking at bitcoins evaluation if you go to USD it’s a little bit different There’s not as much obviously you’ve got a very Select few that are up right now compared to USD valuations But in Bitcoin valuation you’ve got some green right so take advantage of these green or the screen And then you can see the negative isn’t that bad I mean it you know well There is some negative of course, but it’s not as bad as the USD You know downfalls obviously you can see the USD valuations Pretty bad the one hour is green, but the 24 hours.
You can see pretty much all red Erik a Veritas is glad to be a patreon yes by the way I’m gonna be posting some new patreon content sooner Maybe hosting some stuff from the conference the panel with the Monaro co-founder That’s gonna be exclusive of course because that was recorded professionally And then not only that I have the Ruby and above night owl that I’m gonna release that went really good It was a really good, Q&A, and then we’ll also do a Ruby and above night owl tonight And we’ll do a Q&A session for what I learned at that conference you guys can kind of pick my brain And I’d love to answer questions on that too, so Now how does the weekly B to C chart concern you at all does it differ from what happened in 2013? Not at all 2013 was actually worse in my opinion Like if we were to do a week chart You know you can see it’s bad, but you can see here Even this right here in 2013.
It was pretty bad too. So you know I’m not really worried I mean I’ve seen this before right so It doesn’t differ too much in my opinion I mean this looked like it was only going up But guys you know when you’re going down You only can go down so far until you’re gonna start seeing this right you’re gonna start seeing some upside So you know don’t don’t get caught here when everybody’s gonna make some extra cash and then you’re like Oh, well, I was worried and I was scared to get into the market No, you know you want to be in the market when this type of stuff happens But obviously you can see it went down for a while before it caught back up so This is obviously a correction now the real question is When it does start to find support because it might start to find this type of support But in my opinion with the amount of volume coming into the market this year This is gonna be a very different ball game than what we saw here You can see the volume here was my new it was very small compared to what we’re seeing right now like if you were looking At this volume compared to this volume compared to this volume.
That was you know Just trumping the volume that we saw a year then you can already tell that you know what we’re gonna see eventually With more volume coming as the market is gonna be a lot more substantial But the one week chart does not scare me at all This is why this correction was completely necessary you see how the RSI here was so high Now you don’t typically wanna look at our sign a week, but look maybe our silo. Let this speak some sort of volume And now we’re finally back down You can see anytime we hit this level look at that right there Wow this right here check this out Look at this RSI support on the one-week This is actually pretty big. This is a big deal guys look at that This is technical analysis look at that We have a very strong RSI support right here around 50 51 you Can you can there are RSI support levels for those who that don’t know that our site support levels are? Existent people don’t realize that you can use this If you guys look here I’ll show you exactly what an RSI support is so if you google RSI support you can see there’s our site support levels too, so people don’t talk about the RSI support levels, but That’s definitely true you can always look at our site support levels Even our size look that you can go ahead and draw lines on those so You know that’s interesting right I’m not gonna call this the end-all be-all, but it pretty much lines up with exactly what my prediction is a big coincident I doing this by Zone in Korea and start to bounce back up so you can see right at that our side down here Right when it hits 50 ish it usually bounces back up so There’s that potential of that bounce back Does that mean it’s not gonna go any lower? I think I’ll go a little bit lower, but I’m expecting some bounce fashion That’s why this is my buy zone right? This is something.
I’ve strategically put in place about two three Maybe two weeks ago one week ago, and that’s what I’m expecting so Somebody says your name, can you be my mentor? al-ahmadi You can go on the patron man if you want to look at stuff Somebody says Hopefully recover as fast. I just came from there somebody says uh I Hate your analysis tbh Sean Hicks Well, you’re a hick Somebody says after watching a conference video one of the speaker’s made a very passionate remark there May be only five to eight solid crypto currencies. I’m curious. What do you think these five coins may be? Bitcoin aetherium for sure I think another coin was AOS.
They were big they were pretty big on EOS I heard them talking a lot about other coins. We’ll pull up this coin market cap um you know They did have some stuff to say about mineiro Obviously the co-founder was there, so they weren’t gonna leave that one out, but other than that I mean I couldn’t tell you what coins they were specifically talking about But I know for sure Manero iOS Bitcoin aetherium rip will are not rip on aetherium and Bitcoin Were the ones that they were primarily focused on didn’t talk much about rip or Bitcoin cash or card on or neo or litecoin And I don’t typically hear them talk much about that you know from the time that I’ve been with them, so Somebody says if you’re here for the long term then nothing to be scary.
Yeah, I agree What are your top icos in terms of I SEOs I do got a couple that I’m looking at right now You know I’m looking at titanium right now I’m looking at Omega 1 it’s actually done by Ray Dalio Steam Or some individuals from his team ray Dali ran one of the largest hedge funds in the world over 175 billion dollars And there’s a couple other ones the Odyssey protocol. I’m gonna be looking into soon And I’ll be posting that for our patrons and our trading alert So we’re gonna be enhancing our trading alerts as well for all patrons We’re gonna be doing more icos and stuff too, and I’ll be doing my summaries there, so Somebody says Oh name is getting lippy Does that mean? Jeremy Bates Anyone on here use any good IP stressors stressors gone again I’m not getting a lippy his name was hick.
That’s why I called him a hick. That’s his last name So I mean just calling him actually being a little bit respectful to be honest with you calling him by his last name You see what I did there, though Sometimes you just gotta smack some people on the face cuz they needed a little bit of reality sent inside of them Has a OS bottomed out tonight, let’s pull up yo ass good question Jeremy Bates Let’s do a OS y OS BT see Somebody says titanium is on a good price Zi Xiao Zi CL is a good coin in trade somebody said Um I mean, I wouldn’t call this a bottom out look at this RSI It’s definitely not bottomed out You know so Somebody says thanks, bro.
You should be drinking vitamin juice. That’s funny My man Nike what up Dave? McCormick Wraiths You got the Wraiths protocol on your last name, bro. That’s awesome. Now. You’re awesome man. Don’t watch the haters that guy is a hick Crypto d yeah, that’s how he’s not talking anymore. We scared him away That’s what haters do they come in they criticize and they leave, and they go back to their Hickey life Ha ha, so I I don’t think this is at the bottom yet You can see our size in the latter part of this so it’s at the top Looking at the 50-day if we were to actually calculate this pretty much around 20 30 percent away from the 50-day moving average What’s interesting about this is the EMA starting a curve? But it looks like every time they make curves it seems to run back up so This might start seeing more of a run-up and a BTC valuation I mean these coins are holding strong in my opinion most of these coins are all been strong look at these I mean you look at the BTC valuations These coins are green You know this has been a pretty interesting market recently the coins being affected by this in my opinion are ripple card ah know has been affected just minutely Nem has been pretty But beaten up over the past couple of weeks but coins like Tron Tron got beat up Even v.
Chain is still 16% down over It was seven days ago, but you can see it’s starting to see some some gain the past 24 hours up But the coins that are really prosper at prospering right now Aetherium has just been killing it guys. Don’t don’t you know don’t waiver a thing out of your Your vision right now like you need to watch a theory of I mean if you’re looking at a theme It’s it’s gradually going up and up and up no matter what I mean For the past 70s the past 24 hours in the past hour.
It’s been positive, so I would watch aetherium matter of fact Why don’t we do a quick etherium? analysis here And check this out and see where prices are headed here, so broke out of this just clear everything out here Let’s do a refresh this to a 100% fresh analysis year Services why you naming all my coins, that’s the Sasha just set interesting What do you do a video on indicators we had a couple videos and indicators by one of our analysts Marcus He actually just made another video. We’ll be posting that soon Somebody says What do you think about Excel and I love stellar you guys know me and stellar stellar is one of my favorite coins I think looking at their project really set my standards higher than ever Somebody says uh glad to see you’re working on your social skills. What do you mean? Somebody says that how’s the u.s..
Devaluation decided on a coin that can only be attained via BTC ETH You don’t have a u.s. devaluation other than the fact that you would want to transfer and do a crossover so It’s kind of like when I used to do forex trading some currencies you would do a double valuation on so that means let’s say you’re doing a For example if you’re doing saya coin versus e th e th versus USD on whatever ETH you get from that syuko and purchase so it’s just cross referencing Somebody says yo any thoughts on Rebane haven’t heard of repay, so he says you drink a lot of energy James Tony This is actually sparkling water. It’s called McCoy It’s just water you know you can drink this before you go to bed What we’ll go up tonight wine weirdos we got a couple coins going up. I think aetherium guys Let’s watch aetherium for a little bit here because check this out. We’ve got this huge run up It’s not being phased by Bitcoin. Let’s do it side-by-side comparison here, but look at that training.
It’s updated their chart I like it trainee of you stepping up their game Wow look at that So we can do uh let’s do a side-by-side comparison here, or a top by bottom comparison in this case here BTC USD Check that out isn’t that interesting so Looking at this chart This is going from March, so we’ll go to March here as well And then you guys can actually see the exact So look at that ever since bitcoin has been going down the theorem has been going up you guys noticed that Maybe a lot of guys aren’t paying attention you just focused on bitcoin look at that aetherium is going up I Don’t have any trash cans around me anymore Somebody says any chance you’ve seen the ICO criterium.
Yeah, I’ve seen that al Bob haven’t done. My due diligence yet Wine weirdos I very much notice, so he says how many hours do you sleep I try my best to get some sleep I was up until like a.m. Last night after the conference we had a little bit of a night owl afterwards like a real night out We went to the W here in LA Hollywood Somebody says that’s why Neal was going up How do you get involved in an IC? Oh yes good one morale so mr.. Gandhi noted something very interesting so Chinese aetherium right neo That’s what it’s touted as that’s where people talk about it as and that’s why Neos going up apparently because of aetherium and I can Definitely validate that in a fundamental sense, I mean there’s going up people are gonna want to invest in anything That’s comparative to that right so it’s kind of that. You know it’s that It’s almost like the fear of missing out inside of people that are like.
Oh my gosh. Well. If theme is going up Let me go to the next best coin And you look at coins like stellar You know you’ve got several icos if you guys don’t know like kick. You know the Kin coin the company Everybody that uses kick. They’re having their own coin and You know they went from aetherium to stellar so they’re not gonna do it on the ERC 20 platform gonna be doing on stellar now so Somebody says LaCrosses fire Lucroy Now i’m considering a thing is so much more than just a cryptocurrency Do you think it’s like leo surpassed bitcoin and market cap with the next couple of years? Amid savvy um I would say if theorem is a different type of coin, you know aetherium can create 18 million coins pretty much every single year So they have that inflationary system set in place and not only that Atheneum is meant to be a reward or a gas for developers on the etherion blockchain so It’s not necessarily like Bitcoin where bitcoin is limited in value in terms of market supply, and it’s also limited and you know How its created it’s all through proofs proof of work You know there’s no proof of stake in Bitcoin if their name is gonna Be kind of changing its approach over the next couple of years and especially as it develops.
You know that’s why I talked about the quarterback you’re looking for the best quarterback right and Vitalic buted in my opinion he’s the one individual in the market that I think has the the know-how or the genius inside of him I was watching an interview behind the other day and the interviewer was like So vitalic it was at the end They were just like so is there any social media platform, or where can people find you he’s like Just google my name, and that’s fine You know like he doesn’t even care about promoting his Twitter or social media or anything like that He’s not looking to do any of that He’s solely focused on the development and the future of aetherium and I think that’s awesome. I think that’s a great quarterback I think that’s it you know not not to get any sort of hate on this, but I think that’s the Tom Brady of Cryptocurrency right now so if I Talia Turin is one you know Satoshi, Nakamoto.
I don’t think he’s the best quarterback He was definitely a quarterback at a time, but you know you he’s kind of in the Hall of Fame now, so Somebody says can you please look at Genesis vision? There is a FX Expo Asia 2018? I would love your thoughts on gbt going Thank you for mentioning III could definitely look into it if it gets a little bit more traction It’s definitely something that I can possibly look into I Can’t do a technical now, or a IC o—- analysis right now.
I’m guessing that’s a new coin So Maurice is the Aaron Rogers of crypto? Samuel sands That’s fine, too. Somebody says David Poe. I think you have a great show no problems here Thank You Man Somebody says he was the coach yeah, I Love when you get nerdy and geeky and specific and stop dumbing it down He has already done LTC, so he says I’ve addicted to buying TRX. I’ve bought 25 bags Built up for an it was 30 cents nice, man interesting Satoshi was Joe, Montana, but ETH guy is Brady Yeah, so this is an interesting chart here, you know you can see The coolest part about this is the MACD on Bitcoin is low while the MACD on aetherium is high, so That could certainly indicate another reversal and this trend what I mean by that is if you look here The MACD for aetherium when it was on the downtrend was under while Bitcoin was over So Bitcoin was high while aetherium was low and then it flipped a theme is now high prices rose while Bitcoin is low and prices dropped so as You can see this initially started with aetherium dropping Bitcoin rising Dropping and then what would be next well, maybe this and this So maybe the next phase of this is Bitcoin rising Wow theorem maybe drops or levels down so Nothing, just goes up for other Forever and some of you guys have learned that lesson finally And that’s something I’ve talked about since the start of this channel and since the start of our live streams Nothing, just continuously goes up forever, and that’s something important to notate right so Hopefully that helps some people Let’s look at our ripple somebody wants to know what ripple is doing here XR PBT see it’s go ahead and take ripples price into consideration here as well some people will have a lot of money and ripple I Have some good news sir ripple Here’s my news here, so it looks like we’re finding some very strong support here on this 50-day moving average You can see we had a huge bounce back here if pull up the one hour you can see a better view of that You can see as soon as we touch that level we bounced right back up so that 50-day moving average really hit right down here right down there, and we bounced right on top of that so Ripple is known to find some sort of stability.
You’ve seen the past ripples had quite a bit of stability These run-ups kind of sporadically pushed ripples price back and forth and kind of shook it up a little bit and that’s typically what happens with these parabolic run ups do that volume and Now you can start to see ripples starting to stabilize these prices it has a head volume for a while sometimes not having volume for the for this amount of time it can lead to something good because now This can only go up right so expect some more volume soon here for ripple And that could possibly these prices higher and not only that we’re right on that 50-day moving average so I think that’s a strong support at least a Psychological support line right now for ripple as long as I can stay on top of that if it breaks below that then I would Watch what I’m trading with the ripple because it’ll most likely correct back down to this Either either that or I wouldn’t say good go to that 200-day or that 100 a in my opinion if we put the autofit bond What you’ll see? If there’s auto fit will go on here What we’ll just have to draw Let’s do our manual Fibonacci retracement here, so if you guys want to ever do a manual Fibonacci Just go to the top level draw it down to the lowest point of the wicks Yep, and you can see here Okay there you go So within Fibonacci levels as well you can see we found a little bit of support resistance around that Fibonacci line now We’re really following that 50-day I think if it drops below this we might go down to this level but most likely in my opinion will find support down here Around 64,000 Satoshi’s if we drop below this and the reason I say that is There’s something interesting happening here.
Where if you look at the green? the green right here is the 100 day and the blue is the 200 day and For a little bit of time the 100 day was under the 200-day moving average now What’s interesting about that hat that phenomena is? now that we’ve intercepted back together the 100 and 200 a are so close together that it almost doesn’t act as a Strong support level the way that Bitcoin acted against its 100 and 200 day moving average and the 50-day moving average Because they were so separated they had their own clear concise levels of support So you can see we found support on the 50-day, and then we found support on the 100 a and now.
We’re dropped under that Heading towards that 200 a so Hopefully that helps out a little bit somebody says The patterns only work on a long time skill or also in a minute skill for example Yeah, you can use it on a minute scale if you’re doing day trading It’s a little bit of a different, ballgame so for day traders Let’s say you’re day trading a volatile currency like this is pretty volatile right now a litecoin day trading is pretty simple you can first of all draw your support level so I Probably draw support right here, and this is a u.s.
Devaluation cuz this looks to be a little bit more volatile right now, but you can see We’re pretty much at these resistance levels, so we’re most likely gonna start heading down So this is the channel I would trade on right now if I was a day trading Now I would watch this channel. I would trade upon this so you know you can even remove that autofit So you don’t have to have that kind of distorting your perspective And then if you just watch this channel here like this You can see exactly where price levels are headed as they go up and down It’s almost like a ball right so you. Just watch it so ball bounces on the ground hits the roof balances again hits the roof So it just kind of follows this pattern and that means that if it starts to head down You can see every time the RSI hits a certain level – it bounces so You can also draw these support lines here, so if you’re day trading There’s a lot more lines that are going to be drawn That’s just the truth of day trading so if I was day training.
I would probably draw it out like that You can see there’s that sending support level you’ve got this channel forming. There’s a lot of different channels forming here, so We’ve got another support level right down here You want to draw all these lines out when you’re day trading because you can make money in every single aspect here Like especially if you’re trading a couple thousand dollars within this all you got to do Draw out these lines and literally just trade within different channels different support resistance lines You can make you know a couple percent and here and there and that adds up over time You’re very welcome in us, thank you for asking brother Gabriel Emilio and says just got back just got home from work. What did I miss name? We talked about tether we talked about Bitcoin we talked about aetherium, and how it’s opposing bit corner now It’s going up, but now it might reverse We’re talking about Bitcoin correcting out – it 8600 potentially we’re talking about tether controversy tether Dissolving relationship with their auditing company I actually just came back from a conference Had the co-founder of Manero there also had chairman of Kodak just add an ICO We’re gonna be doing a Q&A so all patreon discord rubies and above so if you’re a ruby and above so Rubies sapphire emerald and diamonds we’re gonna be heading over to the ruby plus section here on our patreon for those of you not pay Treants not rubies you guys are fine you guys can go to the voice – We got a ton of people here in voice – you guys can come in here We got over a hundred people already in the chat you guys can come in interact And they were all somebody today was calling out icon I think that everybody here made money today on icon so I’m not promising any sort of results the results may vary this is not financial advice but I’m telling you right now.
They’re people. I mean, it’s not a pump and dump this isn’t a pump and dump No If you do it by the way if you post a pumpin double you get banned automatically no pump and dump still out here But they are talking about actual fundamentals or looking at different charts. They’re analyzing it. They’re saying hey, you know I’m calling this you know. This is a clay This is a good play, and they’re making money so highly recommend you guys get on our discord I’ll post a link here in the chat or in the description the description so Somebody says how do you become a ruby? It’s on the description so we have we get we do trading alerts for all of our patreon So far we’ve been doing some revamping, so we’re gonna be revamping that and doing some some different type of trade alerts soon trade alerts that can really help some of the newcomers, but When you go on the patreon website the link is in the description There’s different levels so that you want to make sure if you want to come to the night owl your Ruby, so The Ruby is up here And then you’ve got a ton of different places so if you’re a golden above you get the trading alerts So hopefully that answers your question We talked about Aaron Rodgers.
Yes, we did talk about Tom Brady and Aaron Rodgers Somebody says uh you Mentioned being able to see when big money is buying any thoughts now Rick um let’s do the one day really quick and see But there’s not much volume coming in just yet It doesn’t look like we’ve seen too much buying a Bitcoin recently So I don’t think the money the big money has really come yet if you want to watch for that I would watch the volume and then also watch for the RSI for some large spikes cuz anytime there’s high volume You can see any tenders high volume look the RSI starts to spike So that’s how you’re gonna look for those institutional traders So it says uh Brady baby That is hilarious Thanks for the for your work man valuable the very welcome me Ross Thank you, brother can Tron rebound it can but I don’t know when that’s gonna happen Kyra, you know looking at Tron It’s the right chart Wow very zoomed in here TRX PTC There you go Let’s go ahead, and I’ll clear this baby up Interesting so this is a pretty good chart here.
You can see we’re right on that 50-day moving average So what I would do in my opinion if you want to possibly make a quick trade This may be a good time to buy tron. Yeah, I can’t believe I’m saying that but yeah look at that It’s right on that 50-day moving average, so this is the 50-day moving average All you got to do is set up your stop-loss right under so if you put a buy purchase in Tron just set up a stop loss right under it and You’ll be fine right so set up a stop loss right down here right under the 50-day I would do an alert so just right click add an alert like that don’t do an actual stop-loss because with this volatile market these wicks go really far down and they can trigger their stop losses, and it’ll be a false stop-loss, but Looking at this chart on the one day I mean we’re right on that fifty days, so you can see what happened previously when we touch that 50-day.
It’s almost like a trigger Just a trigger of positive price movements, so there’s that potential Play right there This is one play out of many you can see the RSI even when I hit this was right at 44 And we’re lower than that right now, so there can possibly be another quick jump that breaks that though it will probably go down So Iran is pretty easy Typically that happens when you see this consolidations, it’s easy to predict where you’re gonna find support where you’re gonna reverse Five ducati How do you liquidate your coins? Could you teach me? Please? Um just sell them, bro You’re very welcome.
Crypt II crypt DD Benjamin said Tron is a joke Tertullian said Tron is a garbage coin stop being fanboys What do you think of icx and how will do after the conference tomorrow, there’s a conference happening right now I don’t know you’re talking conference happening right now for icx. They’re live right now actually They’re alive Do you think beatsie would bounce off the Trinity moving average, I think it will Brian for sure I think you’re balanced is it gonna find support most likely. I mean if he goes under that that would surprise me Somebody says where will it go? And understand Brian I’ve also got my bi level set up here so here pretty much my bi points here right now For Bitcoin, so I’ve got certain levels of where I want to buy And I’ve had these levels for a while now It’s all based on the technical This is FY you kind of lagging every now and then Really, hopefully not Has this stream been pretty good guys in quality cuz I actually change some of the settings.
I made it 1080p and stuff But I i’m using my GPU now more than ever so I was using my CPU, but now I’m using my GPU Hopefully, it’s still good though, so I’m trying to fix that microphone issue that we were facing You’re very welcome Brian thanks for being a longtime viewer here brother Somebody says favorite coin electra Neum buddy if you mean like altcoin I’d say electron you like if you’d say under a billion dollar market cap the left-turn him I Love a luxury. I think prices are high, but I still like the coin I Got it on it pretty early so we Can hear but freezes every little every now and then audio is good. Yeah, just webcam Some lag here in Australia sound is fine, but video skips great work. I’ve been training for us This is not that good bro fine for me usually better quality interesting I’ll have to see what I can do then to fix this up a little bit So it’s the stream is terrible laggy really Ok we’ll have to fix it then Yeah, what we’ll fix it up, I probably have to lower the bandwidth just a little bit, sorry about that So um some reasons respect thanks for the knowledge you’re very welcome tahoe Roger in the house our Melvin me Ross Jeremy Bates says what do you know who do you run a one-day charter is a one-hour chart? Why do you run a Wendy’s rate it depends on what you’re training during your swing trade or day trader or value investors Different types of traders there’s also different perspectives there’s different viewpoints of different patterns.
You know there’s a lot of different reasons You know you just have to find out. What chart you’re liking the most you know I like to look at one day’s because it gives you a good pretty good overall viewpoint on overall price levels That’s probably not the best if you’re a swing or a day trader Kyra said it could be the the viewers connection and not you yeah guys you guys gotta upgrade those download speeds Yeah, you might be right, thank you Kyra for mentioning that I’d love to see you Kyra at the night owl Oh, I don’t know if you’ve ever been to one of our night owls you – jamol Fig house you should be out there, man.
We’re gonna start heading over there Thank you guys for tuning in tonight, but yeah We’re gonna be heading over a night out because I want to answer some of the questions You can see where you got some patrons there So all rubies and above’s we’re gonna be the Ruby in a buff if you’re not a ruby. Don’t worry there’s also a spot for you guys voice – You got tons of people here the link is in the description for the patreon I got my moderators handling this so as soon as you come in They’ll welcome you you guys can plug in your microphone.
You can listen in on what’s happening. This is pretty much. What these voice Channels do you go in there you can talk this HSN, so he’s given all the great It was I’m sorry hang on it was So they’re talking about different coins there so yeah guys all that knowledge is there waiting for you you guys some talkin interact Not only that if you’re rooming above we’ll be doing a Q&A so since I just came back from this conference with the Monaro co-founder and the chairman of Kodak I want to answer some of the questions you guys might have for me on what I learned and my perspectives on different things so Hopefully this helped out you’re very welcome Jennifer Hearts back to you Thank You Jen Fake-out says have an issue with the discord link man.
Idk um. I’m not sure you shouldn’t have an issue with this cord link You know I’ll invite you. I’ll put another invite link on the chat. Hopefully this will work a little bit better, but do apologize Whine weirdos good show actually well done. Thank you man, try my best Awesome are most people in here learning day training in swing training from you. Yes Lagging here too, so he says if you want to invest one hundred and thousand dollars We’re to used to just to put it I would say diversify that al here assets 25% in Bitcoin 25% in etherium Maybe you can put 10% in the top ten 10% of top 20, but 5% top 35% in top 40 put it another 5% of the top 15 of the last 5% the top 60 coin and then pick whatever coins you feel comfortable picking Based upon the quarterback right the leader who’s leading the coin cuz the quarterback gets tackled As long as they know how to get to the endzone, that’s all that matters.
It’s not about the technology It’s about the quarterback so people forget that but if you guys invest in startups. You know what I’m talking about All right Roger so he says market manipulation is the problem? Interesting Thanks for the steady hand name for sure Thank you Robert appreciate that Make it work, dude awesome Somebody says thanks, you’re very welcome Dennis all right guys any other questions Johan you’re very welcome brother So he says 103 carmine Tom Brady, baby So do you think it’s a good time to buy in BTC right now crib D. Um? I’m putting in some bias At SN. Mahalo Thank You Eduardo Fernandez Rodriguez if you’re important Rico by the way you have 4% taxes there you’re lucky a corporate tax Then you have 0% capital gains tax You won’t get charged on any capital gains if you’re holding your coins for more than a year, so you guys are lucky 50 percent to Bitcoin is very very important Interesting How does Forex play into crypto trading? It’s all the same analysis john dimaggio I mean chart analysis is universal for the most part.
It’s all psychological because psychology is International so risk and reward it’s how people react right so you make people feel a certain way And they react a certain way And that’s the exact same thing with the market so if a market access certain way there’s patterns Because the majority of the market will act a certain way But the problem comes when you’ve got an institution that puts a sell order for five million dollars It doesn’t matter how the stinkin market hexed at five million dollars that seller is in to bring the price down so That has nothing to do with psychology and emotion. That’s called market manipulation So Giovanna what do think about XRP I think we’re heading down to the 50-day moving average like we talked about so we actually covered XRP We’re bouncing off of that. So just kind of play it the same way you play truant set up that stop-loss it might Potentially bounce off that 50-day nickman Nell said who’s going to win the Superbowl technical analysis? That’s funny Why crypto no Forex Adrian his forex is not as volatile as crypto right now So here’s more money in crypto even at these price levels.
There’s more money to make all Right guys for all rubies in above I’ll see you in the Reuben above night owl we already got tons of people here right now for all of you all else will be in the normal night owl the voice – Thank you guys for watching this We’ll have some awesome videos coming out soon. We’re posting some new patreon content tomorrow tons of new content will come out tomorrow I’m still rendering. I’ve got some editing to do and that’s all gonna come out We’re gonna be doing a piece from the conference the Monaro conference from the male co-founder and what he had to say I’m gonna be posting uh the highlights there I’m also gonna be posting the Reuben above night out the Q&A that one went really good And then we’ll you know continue on with the trade alerts as well, so For those of you not on the discord love to see you guys there Somebody says homie just left like that Rolando. Yeah, thank you guys for watching and like always snipers out.