what is going on guys Patrick here bringing you a brand new video today we
got another killer video for you guys full of information I'm gonna be talking
about the Bitcoin price several thing factors that are involved in this things
that are holding it down things are gonna help it go back up we'll be
talking about that as well as V chain and Tron which have some pretty awesome
news coming up so guys before we get started with that if you guys want to
enter a chance to win some free Bitcoin all you guys have to do is number one be
subscribe to the channel and have your notifications turned on number two leave
a like on this video number three leave a comment down below saying something
related to this video now guys you leave as many comments as you want and I will
do my best to answer every single one of them but let's talk about the Bitcoin
price so first things first I'm sure you guys have heard Warren Buffett said that
um Warren Buffett basically he has been talking bad about Bitcoin he called it
rat poison he said a lot of bad things about Bitcoin now one thing you have to
keep in mind when it comes to that is that Warren Buffett has been wrong about
several things before so Warren Buffett by no means am i bashing his investment
what what what he's done or who he is fantastic investor invested in so many
great companies right from the beginning he got in coca-cola he got it so may
Bank of America so many other ones but he's missed out on some of the bigger
ones being Google and Amazon now one thing that I've noticed is that he
missed he's missing out on the ones that are on it that are making the biggest
change they're honestly making the biggest change out there Amazon
obviously just changing the way the world works Google the same thing now he
missed out on those two big opportunities mainly because he didn't
understand them now that could be the same case with cryptocurrency right now
that could be why Warren Buffett saying bad things about Bitcoin but you have to
keep another thing in mind and that is that Warren Buffett has a lot of money
has billions and billions and billions of dogs and his company Berkshire
Hathaway has billions of billions and billions of dollars a year off of the
stock market so anything that's trying to disrupt that anything that's trying
to disrupt the financial industry no being as he was one of the biggest
investors in Bank of America that is something that cryptocurrency is trying
to get rid of and that's something that obviously he is not
going to just stand there and accept the fate of his investments he is going to
battle it and he is going to do the best he can in order to not let that happens
and to make sure his investments and his position as the world's greatest
investor remains the same and that's just something to keep in mind now guys
obviously we're getting close to the $10,000 mark when it comes to Bitcoin
and then all this news came out Warren Buffett wasn't the only one Bill Gates
came out and said some stuff too big Bill Gates said I'd short crazier
speculative Bitcoin if I could basically say that he would short Bitcoin if you
could now first things first it gets out of the way
you can't Bill Gates for watching this you 100% can no disrespect to you I
honestly you're one of my heroes when it comes to entrepreneurship but you
totally can it's a short Bitcoin there are websites out there and I can cover
that in another video if you guys are interested but again I think it's a mix
of Bill Gates more buff and not understanding it them not I'm sure they
haven't fully done their research on it I'm sure they also are trying to protect
their own investments which again Bill Gates tons of investments in the stock
market he does not want to see that disappear obviously or get hurt or
whatever it may be he doesn't want to see that happen so he's going to protect
his investments and that's something to keep in mind the $10,000 mark for
Bitcoin is a very big mark which usually opens up a wave of more investors more
you know positive energy something I've been trying to bring positive energy to
cryptocurrency but we see a lot more of that when we have Bitcoin passing 10k as
it is the five the five figures whatever you want to call it the $10,000 mark has
always been important and I think now the news came out coincidentally at the
same time a credit that Bitcoin was getting really really close to 10,000 I
don't think that's as much of a coincidence we've talked about that
before about news coming out at certain times I think Bill Gates and Warren
Buffett certainly know what they are capable of doing the influence that they
have when it comes to their words and what they're saying about things like
investments and business and it was something that they are very reputable
in now that's kind of my opinion on this guys let me know what you guys think in
the comments down below i think bitcoin will have no problem going to 10k but
it's not going to be these big big investors billionaires
very successful older people at this time they're not going to just stand
there and roll over and just be like okay well I don't need my stock market
investments anyways and just let Bitcoin and come over and take everything it's
going to be a bumpy ride it's not going to be easy but that is why I believe
it's still gonna work out long term I think long term you cannot beat the
technology the only thing that's happening right now is postponing it is
kind of pushing it down for as long as they can I think overall we're still
gonna see a very nice rise now guys let's give it a refresh on the market
corn market cap page to see where the markets at four hundred and thirty eight
billion dollars were down almost thirty five billion dollars from yesterday if
not a little more I'm not exactly sure what the high was yesterday Bitcoin
diamonds at thirty six point five percent
everything looks like it's bleeding today guys we have the only coin up
today EOS which is back to gaining its bullish trend being one of the only ones
up on a day like today ontology as well up six point four three percent very
good project 0x actually one that I recently invested and I was gonna make a
video about that so I will do that if you guys are interested in I got in 0x
not too long ago when it did dip I think was two days ago something like that and
now we already seen some night's games so that worked out very very well for me
other than that like I said a lot of bleeding and if we look at the seven
days now things are looking a little interesting because the week it looks
like we're bleeding more than we were yesterday and when it comes to looking
at the last seven days we see a lot well we obviously see some V chain we see
some aetherium classic up in the week but overall a lot a lot a lot of red
corns I buy coins up 23% that's awesome ontology is up 20% some very good Pro 0x
here we go again up 35% doing some great things but
overall not the best week for cryptocurrency and we're gonna talk
about that at the end of the video again when we go over the Bitcoin technical
analysis now today I want to talk about two points in particular one being or
two crypto currencies in particular one being V chain and one being truant V
chain I wanted to cover because at a 2.6 billion dollar market cap ranked number
15th more and more people have been talking about
as it has been one of the ones that didn't have as much of a pull back as
some other cryptocurrencies did so V chain actually maintained its price
relatively well obviously by no means was it at its all-time high it had a
very big correction like most things but it's also having a pretty solid recovery
right now you can pick up beach it on pretty much any exchange so I'm gonna
leave a link to Finance down below in the comments and in the description if
you guys are interested in signing up and making an account is on percent free
but V chains at five dollars flat down a little bit today this honestly could
change within a few seconds so I wouldn't even be worried about it
but there is some news involved so one of them is the partnership so PwC
acquire shares envy chain seeks to integrate system so the Hong Kong and
Singapore arms of price of water-cooler Coopers and international consultation
c-calm Sultan C corporation while that's a mouthful announced this week that they
are planning they're partnering with big blockchain startup V chain I can't read
for some reason I'm gonna move ahead but anyways very big partnership and this an
article that was reading is actually pretty interesting talking about five
reasons to invest in V chain out guys before we get started not a financial
advisor this is not financial advice this guy reading that who wrote the
article is not a financial adviser either here you go see it's not
professional financial advice you should always do your own research
he was just naming some pretty cool things that are going on with V chain
first things first obviously talks about what it is then it
goes over a few of the cool partnerships that they have so PricewaterhouseCoopers
is one of the new ones the revenue is thirty seven point seven billion dollars
in 2017 pretty big company right and a few other partnerships they have also a
broad range of use cases which is always good to have something that's again more
broad enough to specifics but the one thing I think blockchain and
cryptocurrency has to watch out for and investors have to watch out for is
getting into something that is very one-dimensional it is just very one use
case scenario I think that's something that's not going to do as well as
investing in the likes of a V chain or the or a neo or a cardinal or an
aetherium which can do several several things now the strong team and vision
also of course definitely very very important they do have a relatively
all-star team the China connection they go into talking about neil being
one being a chinese based cryptocurrency having the biggest chinese having the
biggest market cap out of all the chinese based ones envy chain is the
runner-up and then they say even though neo originates from china the platform
has a much more much more international appeal than vici at the moment it seems
like the chinese government is much more involved with v chain than it is with
neo so you guys know I love Neil I still love neo but V chain is um apparently
the Chinese government is more involved with V chain which is a very positive
thing I think Chinese government when it's involved in something it usually
turns out pretty well they usually know what they are doing and it does end up
being pretty good so definitely something to watch out for and number 5
is the upcoming launch of V chain Thor main s so last but certainly not the
least is the upcoming launch of V Chains maintenance which is expected to happen
at the end of June so you know what the chain might be one of those very solid
pickups for June if you're looking for a shirt a short term train however even
though we are in early May right now we are still we are seeing that you know
from the early from early April V chain has gone up over 2x from the low and I
think that's something we are going to continue to see is V chain continue to
go up as I think the market is gonna continue to grow in May I think if you
wait to buy in and June prices will be higher than they are right now even if
you're making a short-term trade I think prices in June will be higher
than they are right now for several crypto currencies now I want to talk
about Tron as well because Tron had an air job for the etherium community we
talked about this quite a while ago and I actually completely forgot about this
after I had some aetherium laying on laying around in a wallet and next thing
I know I had some Tron in there so that was pretty cool it was done to
appreciate to show appreciation to aetherium for Tron being in the FC
Twente toolkit and how you know just show my appreciation to aetherium and
the platform and everything that they had going on so if you had some
aetherium you also got some tron wasn't crazy amounts though don't worry you
didn't miss out on a lot I got like eight dollars worth of Tron for holding
several thousand dollars worth of a theory so anyways I'm taking a look at
the overall Bitcoin technical analysis so one thing I wanted to talk about as
well is that what we are seeing now is no different than we have
previously seen so if we take a look at it even here right before we had when we
had the basically another pretty much the low that we had similar to what we
had back here in February when we had that in April early April um we we see
will be traded we tried to break out a few times you know we try to break out a
few times and all that happens we corrected back down try to break out
corrected back down now when we moved up to the eight thousand dollar resistance
which is now support we try to break out again correct it back down so what we're
seeing happen now is no different than what we have seen happen before bitcoins
price will not rise like this I thought it was gonna rise easier once it broke
out of the $9,000 before but apparently it's not not doing it's not doing that
exactly the ten thousand dollar resistance is shown is proving to be
more than I thought it was going to so that again that there was my mistake I
thought I was gonna do better but overall I still think Bitcoin is going
to continue to increase in price it's just a matter of time with everything
that's gonna happen in March I think it'd be really really hard for it not to
but as we've seen with Warren Buffett and Bill Gates and stuff people are
these big investors these billionaires are not going to just allow Bitcoin to
take over their investments and make their investments worse just be cons
just be just without doing anything they know the influence they have they know
the power they have the rise in Bitcoin price is not going to be easy
I think this scared a lot of them to see what was happening and I think a lot of
them are going to do the best they can to keep pushing the price down and
continue to just kind of suppress the price overall I think like like I said
plenty of times this video I think the price is going to continue to increase
and I think it's going to increase but it's not going to be as easy as it was
at this run we're gonna see a lot more of this going on where we kind of trade
steady and we head up towards a ten to twelve thousand thirteen thousand dollar
range that way it's not gonna be just one shoot up like we saw previously
because these people aren't dumb they're catching on to what's happening they're
scared of what's happening that's basically what it is it's them being
afraid of what is happening and what this could cause to their investments
and with that they're then doing the best they can to suppress the price
Bitcoin but guys hopefully to enjoy this video I know there was a lot of
information a lot of talk going on but let me know what you guys think in the
comments down below and as always if you guys want to enter a chance to win some
free Bitcoin make sure you're subscribed make sure you leave give this video a
thumbs up and make sure you leave several comments down below saying
things relate to this video it's giving me giving me your thoughts what you
think about the situation but guys hope you enjoyed this video I'll see you guys
tomorrow for another video
No comments:
Post a Comment