Bitcoin is a cryptocurrency that is built off of the blockchain.
The blockchain is a public ledger that allows transactions between wallets to be available for all to see and these transactions are carried out by miners who get rewarded for their work in Bitcoin.
Bitcoin Is the pioneer for all cryptocurrencies and blockchain technology.
Bitcoin is a revolution that is changing the world. There will be controversy along the path to mainstream adoption but it will happen,
and whether it is Bitcoin or some other alt that is the bringer of complete liberty to spend your money wherever you want; Bitcoin will have a direct or indirect causal link to this adoption.
Based on this fact even if Bitcoin died and some coin took over the number one spot on coinmarketcap.com bitcoin would have a nostalgic pull on users to keep it in the top 10.
Cryptocurrency is not just an opportunity for “sick gainz”, but also an opportunity for complete freedom from over powered governments and institutions.
Philosophically, technically, and economically Bitcoin will be an upgrade to our society.
Join my Patreon Group for Updates and Exclusive Coverage
Binance Exchange! Trade Altcoins Here: https://www.binance.com/?ref=10032980
Coinbase recieve $10 when you sign up: https://www.coinbase.com/join/5860693f33253e20a38785e5
Brave Browser No Ad Blocker Needed: http://brave.com/cry515
Get your Free Newsletter at
ANY INFORMATION CONTAINED HEREIN IS A PERSONAL OPINION AND NOT FINANCIAL ADVICE.
ANY INFORMATION CONTAINED HEREIN IS PROVIDED FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY AND IT IS NOT AN OFFER OR SOLICITATION TO BUY,
HOLD, OR SELL ANY SECURITY. CRYPTOBUD MEDIA LLC IS NOT REGISTERED AS AN INVESTMENT ADVISER WITH ANY FEDERAL OR STATE REGULATORY AGENCY.
CRYPTOBUD MEDIA LLC SHOULD NOT BE RELIED UPON AS A SUBSTITUTE FOR EXTENSIVE INDEPENDENT MARKET RESEARCH BEFORE MAKING
YOUR ACTUAL INVESTMENT OR TRADING DECISIONS. CRYPTOBUD MEDIA LLC WILL NOT ACCEPT LIABILITY FOR ANY LOSS OR DAMAGE,
INCLUDING WITHOUT LIMITATION ANY LOSS OF PROFIT, WHICH MAY ARISE DIRECTLY OR INDIRECTLY FROM USE OF OR RELIANCE ON THE INFORMATION CONTAINED HEREIN.
THE ICOS DISCUSSED HEREIN HAVE NOT BEEN REVIEWED BY THE SECURITIES
AND EXCHANGE COMMISSION OR ANY OTHER FEDERAL OR STATE SECURITIES REGULATORY AUTHORITY
AND MAY CONSTITUTE SECURITIES PURSUANT TO FEDERAL AND STATE SECURITIES LAWS AND MAY NOT BE
APPROPRIATE FOR, OR OFFERED TO, INVESTORS RESIDING IN THE UNITED STATES.
INVESTMENT IN ICOS INVOLVES A HIGH DEGREE OF RISK AND SHOULD BE CONSIDERED
ONLY BY PERSONS WHO CAN AFFORD TO SUSTAIN A LOSS OF THEIR ENTIRE INVESTMENT.
THE SECURITIES AND EXCHANGE COMMISSION HAS WARNED INVESTORS RESIDING IN THE UNITED STATES THAT,
BY INVESTING IN ICOS, INVESTORS MAY BE PURCHASING UNREGISTERED SECURITIES OFFERINGS.
INVESTORS IN THE UNITED STATES WHO INVEST IN ICOS MAY BE UNABLE TO RECOVER ANY LOSSES SUSTAINED IN THE EVENT OF FRAUD OR THEFT.
I dono I set it to buy $100 of lite coin a week.
I think dollar cost average and just stop worrying about it
Even if it's $20 a week at worst you'll lose $20 a week who cares
Of course this all started happening 4 days after I got back into crypto
This crash is probably my fault
Bitcoin is far overpriced.real price is about $300.
Dont be fool and belive those morons talkig crap.
I see predictions after predictions and they are wrong every time why becouse they have know any idea what a crap they talking about.
My advice invest few hundred dollars and leave it.if you win u win if not hay few hundred buks every one can afoed to loose.
Bitcoin will die because 1:its harder to get money from it by miners,
2: HODL-ers will not move the price chart only new investers and they see better options even on the crypto market. Even if Bitcoin go up on the market it couldn't make a profit more than 10x/year and many altcoins have this wit ha good chance.
3: scaling problems (altcoins are faster and cheaper)
4: Usecase (the only reason to buy now is to exchange it to altcoins. Exchanges realized this and moving in the direction of the altcoin market for example: Binance planning fiat and Coinbase planning ERC20 tokens. Who will buy bitcoin when they can buy altcoins on the exchanges directly? In addition to that atomic swaps coming...)
I wish it would drop to $2 a coin. This I'd the best thing that can happen. It's a reset button and if people are quick enough they can secure their fortune for their family! Bitcoin by $1,000,000 by 2020!
here's the problem, bitcoin was only a first mover and is no longer the technological superior coin. It's technology and inherently prone to disruption. Only looking at market trends on a single coin while completely ignoring a technology analysis (not technical analysis!) is completely useless and leads to every coin being affected by a much larger degree than they should be. The market is dumb. My long term forecast is bitcoin is going to zero.
Great overview Cryptobud! Love your videos. I've been bearish on btc for a while now, i'm intrigued to know where we are in the market cycle currently. Hey man think you could take a look at a couple projects? Fr8 Network and Muirfield IP. They look wildly interesting and i'm sure you'd take interest to them as well!
I believe that ever since mid December the banksters have been slowing destroying the crypto markets by manipulating bitcoin in the bitcoin futures market. Do you think this will eventually end, and why? Keep in mind what they have done to gold and silver for decades in the futures market.
XRP might just be the only digital asset that will have real world utility- it will be used by major banks after the pilot trials are over later this year-they are also making plans to decouple from Bitcoin. An EOY price prediction for XRP of $10 was also made by the CEO of SBI holdings which is very rare in Japan due to their conservative culture. Your other points are incredibly valuable. Thank you Ivan.
Why do you use CoinMarketCap? You're not aware of CoinPuffs? LiveCoinWatch? You get ads and popups from CoinMarketCap! As for predictions, you're better off discussing the recent past, because when you predict the future, you're ALWAYS wrong! You can make vague predictions and then claim victory when you interpret what you predicted, AFTER THE FACT! You CANNOT make a accurate prediction about the future, whether it's one day, one year or a decade! Nobody can do it! 99.9% of them are wrong and the rest make a false claim that they predicted it!
This coment of mine can be kind of weird but i believe the 250 Billion MCap is very well "held" buy HODLERs... I mean is the strongest "absolute" bottom we have right now. This is my opinion and i don't know how to justify that...
I saw it happen a few times now
I don't think the bullish euphoria is back, they are taking profit, the bubble still did not deflate completely ... the losses were too big ... still too much mistrust, there's not enough volume
Only the very deep will detonate the next bullish explosion
The Bitcoin Tulip Mania bubble has burst for obvious reasons. I don't like saying this, but I will: I told you so over a year ago.
Buying Bitcoin to speculate for capital gains in government fiat currency was a Fool's Errand. Fully traceable, inefficient transactions with high fees doomed Bitcoin from inception.
Switch to a low-volatility cryptocurrency that is extremely private and untraceable, such as Monero with Kovri [XMR].
Use it as a private bank account for transactions (buying and selling products & services), instead of speculating for capital gains measured in government fiat currency.
4k from 18k high is just ridiculous and makes me doubt the viability of bitcoin as a currency.
It is absolutely unimaginable that a true currency like the dollar would drop over 75% in 6 months.
Even currency of banana republics never occilate this much.
I belive you Bud , probably i have 0.1% comparing to you - invested in January as you guessed, down 80% here , but i am continuing to learn and adapting . Thank you for the daily insights and stable strategy you have , you loose when you sorrender. Coinbase lunched Index Found. Investers comming
I have a theory I'd be interested in getting your opinion on. Liquidity is getting increasingly thin as more people HODL, therefore small volume on the selloff can cause drastic losses, you touched on that in your video. That said, the same should be true for a bull market, right? So if there was a bull run, caused by institutional inflow, then I'd expect even very little volume required to take this back to +$10k.
What's your thoughts on this?
I will teach how to mine Bitcoin without sending any money to any one,you will do it yourself,all inside your wallet.
$250 you get $2500 weekly
$300 you get $3500 weekly
$400 you get $4,500 weekly
$500 you get $5,500 weekly
$600 you get $6,500 weekly
$700 you get $7,500 weekly
$800 you get $8,500 weekly
$900 you get $9,500 weekly
$1000 you get 10,500 weekly
$1500 you get 15000$ weekly
$2000$ you get $20000 weekly
$3000$ you get $25000 weakly
$4000 you get $30000 weekly
$5000 you get $40000 weekly
for more information you can contact me on WhatsApp with these number +1 518 558 5616
Biggest part of bitcoin is in the hands of few, that way you never know where the bottom is. Say this, and that happens. Say that and this happens.. At the same time i think bitcoin might be one of the few with value in 10 years from now but most will die even those that people are shilling on that they are great projects
You sound nervous like you lost some money. I live in Europe (Belgium) and on national television there is a tv spot running that discourages people getting into crypto. The image most people have from Europe is that it is extremely pro crypto. The reality is different and not only in Belgium. Yes blockchain is getting tested but governments shit on all these coins. Understandable because big companies dont need these coins to use blockchain. Maybe the future of crypto will not be the moonshine people are thinking...
You are succumbing, think about this- Coinbase,they just announcd their Crypto Index Fund. This fund requires minimum 200k deposit. Only big pockets allowed, Banks, along with other large funds will park their money in the Index. Wells Fargo just stopped Credit Card purchases for Crypto, just announced. They Don't want people using the Banks money to profit from the run up they know is coming. A little more patience, 4k is to late to not end up chaseing the price.
Yep, to expect to have another bull run that comes anywhere near the last one we had to 20K by the end of this year is silly. We're going to be consolidating with various moves the rest of this entire year. 3-4k is perfectly reasonable in the months to come. Not sure it's a healthy thing to do for content creators to suggest otherwise, but they're everywhere saying 20-50k by the end of this year, makes me laugh, but on the other hand I think it's a bit irresponsible too, seems like they are appeasing to the masses and trying to keep their page views up telling people what they want to hear.
Exactly.......really boring SP500 or TSX 60 indexes, or quality company stocks like General Electric or The Royal Bank, will, over the long haul, beat inflation and allow you to own a small part of some good companies.
Bitcoin, on the other hand, is really exciting, and rather mysterious. And we need lots of blah blah blah and charts to explain how it will not simply go lower and lower to zero.
Let it hit the floor! Banks and financial institutions don’t get in at the end. There are investigations into manipulation. Which I’m sure there is. My opinion. The earthquake has taken the tide out to sea. We just have to wait until the tsunami comes back in! That may be 2-3 month or it may be 6 depending on the amount of manipulation. But I’m not cashing in and let the 1% be the only ones to catch the wave! I’m all in!
Honestly we don't know where the "value" in crypto is coming from or how to actually "value" the market. TBH this all guess work because if we are being real here we can not actually use traditional trend analysis on crypto. Especially since most of the projects aren't even functioning yet...there is not real market value, there is nothing to compare this market to so "fundamental and technical analysis" is dead. People need to actually do the research and invest in projects they believe in and quit fooling yourself in thinking you can actually call this market. This space is great, a lot of big ideas and no doubt the market will be worth trillions (at some point in the future) but as for now...don't lie to yourself. invest in what you believe in and don't risk more that you can. Peace!
Mt. Carmel 1914 No fool, I have made a fortune off bitcoin. You're just jealous you lost all your money and that you can't think for yourself. That's why you work for a democratic party ran troll farm.
What are you talking about? LMFAO! You can't even read a comment let alone read a chart. No part of what you are saying makes any sense, it's actually disturbing. 1. Nowhere in my comments am I "discouraging" people from getting into crypto. 2. "cryptography" and trading the market are two very different things that have almost nothing to do with each other. 3. you can't read...kick rocks
what I don't understand is why are you recording this video of course you don't know where the price is going and you're telling us in the video that you don't know where the price is going... so why make the video... of course you don't know I don't know either... nobody knows...
Great analysis bud. Thanks & keep it up. I'm just going to carry on hodling for 12 to 24 months. Personaly I believe the big institutional investors will move-in to this space in waves over the next 6 to 12 months!
Carl Sandstrom this has nothing to do with that hack. Look at all the good news is been coming out over the last couple months. This is a natural market cycle and it's going to get worse before it gets better. There's a time to be bullish and there's a time to be bearish. Both these kind of Market require different strategies. If you're just going to shout bullish all the time well then you're not changing your strategy when it needs to be done. Good luck to you brother
How to become bitcoin trader? Exactly like Bitcoin, multiple digital currencies exist in the marketplace. So if you prefer to buy a few other currencies which aren`t available on Indian Exchange than you can utilize Bittrex. All you have to do is locate an exchange that you favor. Cryptocurrency exchanges have a massive potential to modify peoples minds and opinions concerning cryptocurrencies generally speaking and their application in actual life. So even in the event the exchange is attacked, its still true that you have your money. Furthermore, the exchanges prepare each and every industry for Bitcoin expansion. Existing stock exchanges will also compete to be able to fulfill the users configuration requirements. Sooner or later later on, the prices will grow more equal, meeting somewhere in the middleyour profit is equivalent to the quantity of convergence. No matter how far it is from Kijun, it is likely to return and test that level at some point. The amount of bitcoin is perpetually changing. In the US, it is 1000 USD. Whats even better, seek the services of a seasoned lawyer or at least ask for an in depth consultation. So youve read the newspaper about the meteoric growth of crypto currencies including Bitcoin or Ripple. Then coming up with 1000s of exchange rates simply to go out and get groceries is nearly impossible. Many cities around the world provide a bitcoin ATM where you are able to trade cash for bitcoin. The cryptocurrency world isn`t efficient.