what is going on guys Patrick here bringing you a brand new video so you've
got another killer video for you guys full of awesome information I'm very
excited about the information about to share with you guys so much good news I
think in the cryptocurrency space as well as some updates on Tron I know a
lot of you guys like Tron and I haven't update you guys so we're gonna take a
look at the overall market as well also guys you guys want to enter a chance to
win a giveaway make sure to submit subscribe to the channel first hit the
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so let's jump right into this number one the US Congress releases extraordinary
report praising cryptocurrency and blockchain technology then I'll tell you
we were having some great news about adoption stuff like that there we go the
US Congress just released its massive joint report on the state of the economy
and for the first time an entire chapter is dedicated to cryptocurrency what's
even more extraordinary is the number of bullish sentiments are the number of
bull sentiments on the future of the emerging technology now guys what if I
told you the technology is here to stay this is good technology everyone is
starting to recognize this the technology is not going anywhere blog
chains not going we're and it's needed it betted there
are benefits of using it it helps save money save time so it's going to happen
it's just a matter of time for the adoption phase to come then you guys can
see some of the quotes that are from their blog she looks like the new
internet cryptocurrencies could outshine government via blockchain is secure and
efficient blockchain may transform many industries all true statements so very
cool to see if you guys want to go read this article I'm guys go check it out um
I thought it was really caught there was a great sign towards adoption this was
posted in our Facebook group so thank you for posting this in the Facebook
group guys I told you make sure to join the Facebook group there's a ton of
value in there also follow up from yesterday which we talked about or
wasn't the day before g20 considers crypto and you read the guys remember
remember the g20 meeting and how it actually went pretty positive there was
a speech on there that was pretty positive and I helped
him you know pump the market up a little bit to where we are right now but the
g20 considers crypto as assets not currencies according to document drafts
so here they're saying that they lack the traits of sovereign currencies
thinking that there's so apparently there's three roles that money plays in
the economy and they don't think any of these three roles are satisfied it's a
satisfied by crypto so they said you can call it crypto assets crypto tokens
definitely not crypto currencies now I think this is short-term thinking I
think this is good in the beginning sitting in some sense in the sense of
you know again just like growing adoption let the tokens be used let
assets be used whatever you may call it but once people see you know once people
start using it and they start realizing well hey you know what this kind of
could replace the dollar then that's when it's going to go in and try and
take over actual currency so I think it's a step-by-step process I don't
think tomorrow we're gonna you know throw down every curve every country's
currency and just use cryptocurrency it's going to take steps and I think the
first step would be utilizing certain certain tokens certain assets just use
of the utilizing crypto currencies in general
right but first different type of transact not fully you know a curtsy not
100% a currency that you know of the world yet yet and then once all that's
done in people start you people more people are using and everyone kind of
realized the potential then I think is when we can move into it being an actual
currency so that's kind of my take on it let me know what you guys think down
below it's kind of how I'm looking at it the third one is president Trump bans
u.s. citizens from buying petrol you guys remember petrol the minute
Venezuela government backed cryptocurrency Trump has made it yeah
Trump the president the US has made it hasn't made a ban for the people in the
u.s. to buy apparently so it's now illegal to buy petrol if you live in the
US and I guess you know I can't blame the guy it's probably you know not what
cryptocurrency stands for in any sense I don't know why you would be buying
petrol I personally don't have any pet show I don't actually know anyone who
does if any of you guys have petrol please leave a link down below but I've
also seen question is this gonna affect you know other cryptocurrencies I saw
comment asking can I still hold although crypto you can hold whatever
other cryptocurrencies you want it's the band is just on petrol just petrol and
now let's move to the overall markets give a little refresh to see where we're
at we are a little lower from where we were yesterday
makes sense they'll probably close to 300 billion dollar mark let's just see
what it loads oh wow 330 we're actually doing actually went up since the last
time I sent something okay anyways forget when I said 330 billion dollar
market cap nice last hour is looking pretty green nice the last 24 hours is
looking you know pretty solidly Green as well for most not for all Bitcoin
etherial down a little big eyes can see a Bitcoin dominance it's now forty three
point nine percent but overall in the week we can see that you know there's
still a ton of red for most crypto currencies except not county EOS iota
and cue them for example and if they're in classic they've all had apparently
pretty green weeks cool but most crypto currencies are in
the red and you know so the green was a good pump up which we saw the technical
now I'm gonna show over I'm gonna go over at
the end we saw you know we reached a support line bounced a little back up
above that thankfully didn't go all the way down to the other support but the
good news that came out from the conference and everything also helped
pump the price up a little bit and now you know we're kind of moving back up in
the direction that we want to go to so we're gonna cover that in just a bit but
for all you Tron fans real quick just want to share with you guys know you
guys are all impatiently waiting for the end of March for everything to come out
you know the beta coin burn test net then later on the main net all that
stuff coming out so soon you guys are all waiting got to come out and waiting
to see if that's going to affect the price of Tron so I want to update you
guys while we wait because nothing's been released yet I want to update you
guys while we wait on what's been going on so first of all Trog versus Facebook
this was also posted in the cryptocurrency all-stars Facebook group
our Facebook group down below which I'll leave a link to where Justin son fires
shots at Facebook so Christopher here I'm not exactly sure why he posted to
get banned on Facebook but he's been suspended by Facebook for blowing the
whistle on something they have previously known for they have known
previously for two years and then in comes Justin's son a decentralized
social platform will game account ownership and data back to the people no
more profiting from sitting on our data goldmine
Tron taking shots at Facebook you know what they're trying to do it is a good
move why not pump up the community get the
community excited get the community behind you on this get the community
bashing Facebook while they well you know pumping Tron why not it's uh -
great move I thought it was really cool to see that he is like he he's on there
he's waiting for all of these you know things to happen so he can jump on it
and say something and that I thought was really cool I thought was funny
to see just the Sun taking shots now also I wanted to say that now the
largest OTC exchange in Asia Tron hasn't been listed on TC BTC which is like I
said the largest OTC exchange in Asia which ok it's good for them they're just
trying to get on every extra which it means decentralized centralized
and OTC exchanges to increase their diversity and resilience they're trying
to be everywhere so I guess that is work you guys know they are on pretty much
every main exchange every exchange I know of I think charges on I don't
things any that I don't know that they're on anyways let's move to
technical now so you guys see we're still in the downward the downward
channel right here but we did bounce up above the support line and now we're
moving back upwards within this these two between this resistance point and
this support line up top so I know there's a lot of stuff going on in the
graph overall see if I can zoom in make it a
little easier so overall we have this resistance and this support which I
would love to see us get back into this and kind of you know make a move upwards
from this moving up to $12,000 resistance which is what I'm excited for
it's the big point a lot of people are looking at and yeah I see a lot of
people though who are saying I'm only gonna buy trouble I'm only gonna buy a
Bitcoin when it's low and you know when the bullets have arrived and bitcoin is
at 12,000 why why would you buy Bitcoin at 12,000 when you can buy Bitcoin at
8,000 and you know 9 10 11 12 make $4,000 profit per Bitcoin that you buy
on the way up like if you expect it to get here at any point in the future then
it would be it would be pretty dumb not to buy it to it now because eventually
it's going to get there even if it takes a week maybe it takes a week even if it
takes a week maybe it takes two weeks it doesn't matter if it gets back up there
you made $4,000 per Bitcoin that's not a bad investment rather than waiting and
then once it gets here you never know once it happens when it gets to 12
thousand total it might turn back down and then you're gonna be then then
you're gonna sell down here and then you're gonna leave angry comments on my
facebook on my on my youtube channel saying cryptocurrencies are gone they're
dead you guys know I'm talking about closer you guys to watch the video like
two three days ago this was gonna happen so make sure you don't wait until the
you know we're at the peak of the market I'm not saying 12,000 people to market
but don't wait till we are at you know - don't wait for the Bulls to be here for
you - then think of bye-bye before the Bulls are here so that when the Bulls do
get here you make a lot of profit summary of how people make money on
cryptocurrency so hopefully you guys enjoyed that I'm gonna go real quick and
just pick the winner of the giveaway so 125 unique commenters you guys are
absolutely killing it on the previous videos
super super thankful to all of you let's see who wins this round so W sell great
videos so mad and get more Tron at rock bottom but did okay I'm holding long
long long like you said nice holding long that's definitely my game plan as
well there's so much potential in this market I don't I think short term nobody
knows what's going to happen long term all I think is things are going to
you're going to be rewarded for a holding that's kind of all I can think
about long term short term it's hard to predict day to day but long term that
that's where it's at that's where investments that's where real money and
wealth is made so W Sal congratulation I wanted to give away make sure to claim
it down below if you don't claim it 24 hours I'm gonna have to pick somebody
else so guys make sure you aren't leaving comments on because I do
giveaways all the time so make sure you're leaving comments on every single
video including this one right now so guys you guys did enjoy the video make
sure to leave a thumbs up and subscribe to the channel if you have not done so
already I greatly appreciate it you guys have been killing it with the likes with
the comments with the subscribing channels been doing amazing so much man
that could've ever meant so thank you all so much for that I'll see you guys
tomorrow for another video
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