what's going on guys Patrick here bringing you a brand new video today
we're gonna be talking about what's going on in the crypto space including
electro neum big news has come out for electro neom and I want to share that
with you guys today in this video as well as of course covering some of the
big news articles and again looking through the overall market so guys
before we get started if you want to see daily crypto currency market updates and
news make sure subscribe to channel if you have not done so and hit the bell
icon next to it to get notified every time we release a new video
now the two news articles that I separated for us today both kinda
tax-related but you know taxes is a big thing big thing in the cryptocurrency
space we are waiting to see how certain regulations and how texts are gonna work
is it going to be taxed as you know capital gains it's gonna be taxed as
income a lot of things still to be figured out but Georgia is apparently
the next state in line to accept crypto for taxes and licenses this is cool all
you guys remember a little bit ago we talked about another state forget what
state it was but they were accepting crypto as a form of payment for taxes so
crypto being treated as a currency which is all we technically are have been
asking for is whatever it's what cryptocurrency was meant to do
it's honestly what we've been waiting for so it's great to see that you know
more and more states in the u.s. to which you know you and you if you guys
know you guys want invest in AI cos US has not allowed us presidents and
usually US and China people residents of those two countries I'm not allowed to
invest in AI cos at least for most of the big ones so you know starting to see
the US and certain states accept cryptocurrency it's a form of taxes as
payments you know and form a currency definitely a good sign for things ahead
now this one's a little bit less good news I mean I guess it's not bad news
but basically coin base has informed 13,000 affected customers of imminent
data handover to the IRS so the IRS the Internal Revenue Service basically
collects your taxes they you know everyone does everyone wants and doesn't
want to pay them everyone wants to pay them because that means you're making
more money you're paying them a lot but you don't
want to pay them because it's like half your salary gone that's no fun for
anyone so do us space crypto currency exchange and wallet service coinbase you
know Columbia is pretty much the biggest most beginner friendly exchange out
there sent an official notice from Friday February 23rd which was two days
ago - approximately 13,000 of its customers
whose information is legally required to turn over to the US IRS the IRS has
initially asked coinbase in July 2017 to hand them over to see and those trying
to catch people who are cheating on their taxes and not declaring because
not a lot of people to claim cryptocurrency in their taxes in the
last few years so you know I guess they're trying to crank down on that if
they're gonna accept that as a currency it's got to be taxed like everything in
the world we cannot escape taxes we can hope that they get lowered but there's
no there's no way you're gonna be able to skate taxes so coin bases had to turn
over 13,000 effective customers give all the information to the IRS and those
guys will be hearing from the IRS in you know if they're if they did something
wrong they're going to be hearing from them probably within the next couple
weeks months let's see what happens but you know those were the two big articles
I want to talk tax related which to me is a good thing in the cryptocurrency
space because it means we are starting to get recognized we're starting to get
treated the way we want to you know it's not this isn't one but it's not one of
those things where old cryptocurrency shouldn't be treated as a currency oh
but we're not gonna ever get taxed because taxes is we don't want taxes but
this we want you can't pick and choose it's a whole bundle it's going to get
taxed that's just the way it is now cryptocurrency market can just hit the
refresh bright a four hundred twenty three billion dollar market cat we've
had a few days of correction you guys remember we had a nice little run and
then you know a good week of runs basically and then now we have a week of
read with very few coins in the greens such as aetherium classic V chain nano
that's right nano in the green and a few others I don't know but mostly coins are
in the red which again guys you guys have been subscribe to channel for a
while you guys know what I think of this Black Friday for crypto
currencies go to buy an ant's go pick up your favorite all coins because when we
do enter a bull run you don't want to be left behind waiting for the chasing of
the lowest price because chances are you are 99.9% going to miss the lowest price
very few people get lucky yeah it's luck get lucky enough to
purchase at the lowest price possible like the exact lowest price possible
very few people actually get lucky enough to do that but now is that time
guys to stock up on your favorite um your favorite all coins and your
favorite crypto currencies mine personally I'm going forward I'm holding
a lot of bitcoins I think big point has a lot of potential in the bull run you
know it is the biggest cryptocurrency everything's gonna be following it I
think there's a long way for Bitcoin to go still so a lot of my portfolio is
currently held in Bitcoin I know a lot of you guys also have coins such as Tron
and you know electro Neum stuff like that which we are going to talk about in
this video but I just want to say you know if you guys have been waiting to
put more money into cryptocurrency and there are alt coins that you want to buy
but you haven't really bought yex you've been waiting
I would not procrastinate too much longer don't forget though guys I'm not
a financial advisor this is not financial advice this is just me giving
you guys my biased opinion I make videos for educational and educational and
entertainment purposes only so make sure you do your own research before you put
your money in anything now that we got that out of the way though go buy your
favorite all coins it's a good time it's a good time now I watched rate guys I've
been actually holding onto this for some time you guys remember I've showed this
in a few videos now a little bit of technical analysis on Bitcoin and again
resistance and the support lines of the basically the descending resistance
support lines we had a channel built up here broke down below that now I'm
looking at the 200 a day support to kind of um you know hold us up and try to
turn us over into the bull run we I don't have the hundred day moving
average yeah this is a torch day moving average I don't have the 100 day moving
average out here but I'm not on the graph but I do know that that was a
resistance point for us over here which kind of was another reason that
resistance Plus this resistance kind of held us and made us turn on down
now hopefully the 200 will be the turning point where we can start moving
upwards this 200 will kind of get us to roughly $9,000 I believe that'll be
where it's at which we're not too far off right now currently sitting at nine
thousand four hundred so it's only four hundred away so you know in the world of
crypto that's like a few hours possibly it's it's not a lot but yeah so
hopefully we're gonna keep this chart open hopefully we're gonna see Bitcoin
and therefore the market recover in the next coming days I'm excited I think
it's a lot of opportunity in the market like I said I wouldn't poke rastan eight
on buying your favorite coins for too much longer now what the moment you guys
have been waiting for the moment you guys been waiting for electro diem so
thank you Joseph Kennedy for posting this in the cryptocurrency allstars
Facebook group link down below in the comments you guys can go ahead and join
free to join almost 750 members it's been growing like crazy and there's a
ton of value proof right here I've used several posts um that people have posted
in the group I've used them in videos because they're good posts they're
updating people and this is just an announcement from the founder electro
neum richard else and basically what they were saying to kind of have a quick
skim through here I'm not going to read it word for word was gonna have a skim
through they are going to be in the Mobile World Congress in Barcelona is
gonna be a conference for them there can they have their own booth it's not the
biggest booth but it is close to an entrance so there's a good place for
them to get recognized and the most important thing they are looking for out
of this whole thing is networking the most important part is probably the
networking we thought we should get a presence there as the first
cryptocurrency to be a GSM a member who knows who will meet and what deals we
can generate from here we've seen a huge interest from this sector so far so you
guys know Lesley you guys have been killing and looking for partnerships
looking for exchanges to get on looking for you know just constantly constantly
just making things happen that's one of the reasons I like electro Nia now big
news on exchanges is they're working closely with COO coin to get that live
as soon as possible hopefully this week and hit BTC just reconfirmed and that
they are cute and do to be added hopefully
again during March so within the next month
there could be two big exchanges that we see electro neum on crypto business l
experiencing issues but they are helping crypto piya try to overcome those
problems now also another thing is that for whereas it here is news awaited for
the mobile minor so for Androids will be launched this week during the Mobile
World Congress as well as the solution for iOS phones and they hope that have
that available this week as well this then means that all electro neum iOS
users will be able to install the app even though the app is in beta form it's
going to be functional you can mind electro Neum and you can keep your
earnings which probably the best part you can keep all the electro Neum that
you mind very exciting stuff going on here in so much news that came out from
this post I'm very excited to see what's gonna happen they're going to keep us
updated on new deals they just signed another two agreements one with a
company that has asked to a further 30 million users is crazy who are keen to
recommend our app and one with payment integration company to help us integrate
with mobile operators allowing their users to purchase airtime and data with
electroni huge huge huge a post again Thank You Joseph Kennedy for posting
this in the group there is so much information on here so much information
so many new things coming out so many deals being word just kind of a great
update for everyone who's in electro neum to know what's going on to keep
calm if you guys want to check out more you guys can check out electro Neum
Facebook page they post everything on there very up-to-date every time there's
news again this was definitely posted on their Facebook page
we just got Joseph to copy and paste it on to the group so that everyone in the
group could see it in case they aren't following the Facebook page for some
reason but yeah big news coming out for Alec showing it and if we take a look
it's up 5% basically today four and a half percent today let's give it a quick
refresh oh there we go five and a half percent today now there
we go so it's at 7.6 cents again the whole almost a half a billion dollar
market cap I think it still has a ways to go it's all-time high right here
was in the 22 cents so you know this was back early January when everything was
you know everything was moaning and like every other coin that we say like like
every other coin in the market except for the exception of you cashed the fan
the famous and the fantastic thousand percent in one day you cash but yeah
every other coin has been going down a decent amount and now they are starting
to try to recover and hopefully this news will again help propel atonium to
where it could go because these guys are gonna tell you these guys are killing it
when it comes to partnerships deals you know their marketing was great their
team knows what they're doing and they you can tell that they want this to work
and they want like they want to see electron team succeed which is huge
because surprisingly enough you'd be surprised how many people are just
content with having their their share of the coins for being on the team they
don't really care too much about what happens to it I made money it's okay you
see that a lot in cryptocurrency that's why there's a lot of scams out there but
in that kind of jonathan- you know people thinking negatively of
cryptocurrency which is a secret which is a shame but without further ado guys
I just want to share with you guys electro Neum huge potential hopefully by
the end you know hopefully by the next few months we can see it reached 22
cents again I don't think it would be a problem if we enter a bull market I
think this deserves to be a billion dollar coin it has everything there to
be it it's in an industry which it you know it's a leading it's the leading
cryptocurrency in the industry on other people and we're gonna try to copy what
they're doing but they are so far leading and doing it well so if they
weren't doing it well that'd be an issue because other competitors are going to
come up and take over but they're doing it well so I still have faith in electro
Neum and I think Alec showing it has a long way to go so guys hopefully you
enjoyed this video let me know down below what you guys think of electro
Neum and the huge news that all the huge news that's been coming out with electro
Neum as well as the taxes for cryptocurrency up being able to pay your
taxes in cryptocurrency I think that's a great thing I think that's just showing
people accepting cryptocurrency as a form of currency which is what we wanted
in the first place so guys thank you so much for watching this video hopefully
you guys enjoy don't forget subscribe if you guys are
new and you have not subscribed yet thank you so much for watching I'll see
you guys later today for another I see a review
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