going on guys Patrick here bringing you a brand new video today we got another
killer video for you guys full of information today
we're be talking about the Bitcoin price that could indicate a reverse so broad
to be looking at XRP battling aetherium for that second spot again and tons of
other news that went on in the cryptocurrency space but guys before we
get start with that if you want to enter a chance to win some free Bitcoin all
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is down make sure you check out the link in the description or the first link in
the comments for the cryptocurrency trade alert group we've had tons of
successes with an over 90% success rate in the group with our trades we have all
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trading you like to do there is something in there for you I also just
recently announced the trading ball we're gonna be using so a lot of very
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and countless other people make an extra hundred 500 1000 dollars in one day
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that in the group so if you guys want to see the trades that brought me from zero
to six figures in cryptocurrency all of those trades every trade I'm in is going
to be in the group now let's get started with the news alright guys so the first
article comes from who blow so who blow created a Bitcoin inspired timepiece
that can only be purchased with BTC now correct me if I'm wrong I'm not a
hundred percent sure on this but I don't know if there's been any other luxury
item that has been inspired by Bitcoin or cryptocurrency we know that obviously
you can buy a Lamborghini put a big Bitcoin sticker on it and it becomes a
Bitcoin Lamborghini but that's not really a Bitcoin inspired Lamborghini it
wasn't made my Lamborghini that'd be cool if they did though that'd be really
really cool again if you're watching this Lamborghini for some crazy reason
definitely should do that you probably get a lot of sales on it it's a good
business move to kind of try to bring cryptocurrency into or the
cryptocurrency community into watches and specifically who blow now the price
of this is not known you have to actually go through and register just
be able to inquire about the cost you as a customer you'll have to register them
their data with OSL there that's for the company that who blows partnering up
with OSL in order to in order to inquire about the cost we're gonna have to wait
and see personally I'm a big watch fan I have a Rolex mil galas right here and I
have a Submariner somewhere else and I wanted to use this article to ask you
guys watching this video right now how many of you guys are into watches so let
me know in the comments down below if you are into watches and would you
consider buying this if obviously you had enough BTC I guess would this would
this be something that you would be interested in let me know in the
comments down below now some more bullish news well Congress calls for
clear cryptocurrency regulation in letter to the SEC well I guess there's
gonna be bullish depending on who you're talking to depends on what you believe
but personally you guys know watching this that I believe regulation is going
to be huge in cryptocurrency adoption I believe it's going to open that's gonna
open an avenue for a lot more people to come in they're gonna come in more
comfortably they're gonna come in you know with confidence in their investment
and of course gonna get institutional investors and investors and a lot of big
players a lot a lot of you know big players with a lot of money have been
sitting out of cryptocurrency at least to our knowledge because of the fact
that there are no clear regulations and if they don't know how it's going to be
regulated it's way too risky for them to come in with you know the lot of money
that they have and risk running into some issues so I think this is good
conch we're seeing Congress call for clearer regulation hopefully it does
come out hopefully that does open the floodgates for a lot more people to join
the market with confidence that way we know how things are going to be treated
we know how things are going to be regulated a lot of people don't like
this I know I hear a difference of opinion all the time and 100% I agree
with you guys it'd be great if there didn't have to be a new regulation my
standpoint of real regulation is good come solely from an adoption step one
what I think it's going to take to get to mass adoption and I think there are
paths a steps in the middle that not everyone is going to agree on but I
think regulation is going to be one of them and I think Congress calling for it
in though you know they wrote the SEC to in order to you know ask for it
basically I think it's definitely a good and a good indication that we might see
more coming now apparently 36% of BTC in circulation is lost I can't say I'm
surprised but that makes Bitcoin technically more scarce than we
originally thought so obviously we know that Bitcoin there is a limited amount
of 21 million total that could ever have you can't inflate it there's no
inflation that's one of the best parts compared to fiag compared to the u.s.
dollar there's no inflation when it comes to it fantastic now out of the 21
million there are a certain amount in circulating supply you got a coin to
coin market cap the circulating supply stands at 17 almost seventeen point
three million at the moment of writing this article now apparently 36 percent
of that is lost and it's lost likely lost or on mind so that is actually
pretty insane that means that six point two to six million BTC it's technically
unavailable making it more scarce than we originally thought so I wanted to
know your guys thoughts on this if you think this is the case let me know in
the comments down below do you think this is true do you think it obviously
it's written in the article a study was done in order to find this out but who
knows 36 percent sounds really really high but on the other hand I'm sure
there are wallets they're very very large wallets out there from you know
2010 2009 2011 whatever it may be those early early days when someone might have
put in you know $100 back then thinking it was funny thinking it was a joke
whatever it was have a huge wallet worth God knows how much it's worth right now
right and they just don't know where it is
or they don't have access to it or they just you know just poof vanished um so
that type of stuff again with the fact that the the price change that we've had
recently and how cheap it was back in 2010 for people to get in I wouldn't be
surprised if there are some very large wallets that aren't available and that
people can't get asked to or they've lost or whatever it is that they aren't
able to access so part of me wants to believe that 36 percent part of me does
not want a billion probably believes a 36 percent part of me thinks 36 percent
is not really true now charlie lee the official Charlie Lee
actually posted something on Twitter you said there will be almost 21 million
bitcoins in existence there isn't even enough BTC to go around for every
millionaire to own one so before you buy another coin like coin included try to
own at least one BTC first once you have one BTC buy all the shit coins you want
now I don't think he's calling Li only he's calling like Quinn oh shit Quinn
because you know Charlie founder of like point but still basically what he's
saying is it's very very limited get yourself some Kryptos so you can see the
crypto gains later right basically what I try and you know I and then obviously
I'm not a financial advisor this is not financial advice but just what I try to
suggest what I try to explain to people what I'm doing probably the best way to
say it try to try to explain people what I'm doing I'm just trying to gather
obviously I wasn't in 2010 I wasn't here in 2011 to be picking up bitcoins then
otherwise things might look a little different you know maybe I would begin
that hula watch and be drivin the Lamborghini but either way I'm trying to
accumulate now because we are still so early in the game and with a very
limited supply once we get mass adoption these these these crypto currencies are
going to be worth a lot especially if especially the good ones right
especially they're not chick coins especially the good ones they're going
to increase in value if you believe in cryptocurrency and the and if you
believe there will be mass adoption then you can't disagree with the fact that
once we get a lot more people in and the demand increases in the supply you know
caps off the value is gonna have to go up right now Bitcoin the price of
Bitcoin you guys saw in the title you guys probably interested the price of
Bitcoin that would make that would you know make us look a little more bullish
now personally I want us to break 10k for me to be convinced that we're fully
in a bullish market while so far Bitcoin price has made a second straight monthly
loss in September not the greatest right you might be
looking at this in big Patrick I thought I thought this was going to be good news
what is this I don't want to hear bad news if I wanted to hear bad news I
could just open up my blog folio right that's what we all think right now it's
very true if you open up your blog folio now compared to January or
December yeah it it's pretty bad it's pretty bad for all of us either way what
it's looking like right now is Bitcoin has created this some technical
announced the bitcoin has created some very basic technical and now says that
anybody could do has created a lower highs so far and that's the trend we
have continued to happen now one thing we noticed is that 6k has been holding
very very strong stronger than I think most people including myself expected
initially I personally expected over here for us to have a lower low as well
however it looks like we are sort of balancing off 6k now we've seen some
billionaire investors and even Tom Lee say that they don't believe it's going
to hit lower than 6k anymore they think it's found its bottom they don't think
there's going think there is what's called seller fatigue at UM at the
bottom at 6k now so you're asking what price should we look at in order to you
know start looking a little more bullish well right now if we want to see things
looking a little more bullish we would have to break the recent the recent
lower high which was seven thousand four hundred and twenty nine dollars it's
what we had right here if we want to look bullish want the pattern to start
looking a little better well we can't just come down here because that would
start making a lower low again a lower high again sorry so that's a lot of
lowers and a lot of high is just being said together so we're gonna create
another lower high if we bounce to start going to 6k again however if we do have
the reversal and break above seven thousand four hundred and twenty nine so
roughly around seven thousand four hundred to seven thousand five hundred
then we will have broken the pattern of creating lower highs and might start the
reversal so definitely something to keep in mind guys obviously always looking at
the price always looking at the patterns and doing technical analysis is what
basically happens in the trade alert group with all the trading going on I
also try to constantly update people on the technical analysis on what I am
looking at and what things are looking like in the coming weeks / month so if
you guys want to be updated on that as well of course make sure you do check
out the first link in the description or the first link in the comments but like
I said so far the second straight month of losses
things might start looking a little better at the end a lot of people
expecting q4 obviously to be better than what we've had in the first three Q's
the first three quarters of the year anyways let's take a look at the crypto
currency market cap really quick two hundred and twenty three billion dollars
with Bitcoin dominance at 51.2% we take a look at some of the biggest gainers we
have nebulas actually killing it up 21 almost 22 percent then we have red coin
who's also been having a very nice week loom point dragon chain and so on and so
on if we continue to scroll down if I can figure loads there we go eventually
I'd say it's probably split forty sixty sixty percent in green today forty
percent red but a lot of small gains and small losses either way some of the
biggest losers scroll all the way down eternal token 6.5 percent vivix down six
percent are chained gas gas again have that crazy spike up so it's coming back
down from that and yet basically sixty percent is in the green why is my
computer spazzing out I don't know but sixty percent is in the green so overall
I guess technically that would make it a green date now let's refresh this cuz I
want to see the battle between okay so looks like XRP and aetherium looks like
it's back to theory or number two XRP number three not too long ago this
morning actually when I woke up and I check the price well x RP was that
number two again and aetherium was at number three that's 1xrp was at the high
right here now apparently having a little bit of a sell-off sowed back down
to 58 almost 59 cents it was over 60 cents when it was at number two
obviously what we've seen so far every time every time x RP manages to pass a
theory of either theorem has a run to take its number 2 spot back or x RP
doesn't hold that position and starts having a little bit of a drop now again
I want to ask you guys again will x RP pass aetherium this time so I asked us
every time it happens every time the battle happens they are closed again
usually what happens eventually they start spreading out again and aetherium
usually takes a little bit of her lead before you know x RP comes back and
closes the lead now things are looking very very close we have a twenty three
point two billion dollar market cap and a twenty three point eight things are
looking very very close who do you think is gonna end
on top by the end of the day or starting tomorrow which of which cryptocurrency
do you think is going to be at number two is it going to be X RP is it going
to be a theorem so far people have been voting for x RP more than they've been
voting for aetherium for good reason a lot of good news coming out for it
you know x RP here you guys can see again it took the number two spot again
one of following a 7% price surge like I said they were over 60 cents and now
they're coming back down but let me know in the comments what you guys think who
is going to be number two tomorrow I guess let's say start at tomorrow I'm
gonna read every come and see what you guys think who's gonna be at number two
now really quick guys let's do the Bitcoin giveaway because it is Sunday
and I pick the video talking about Bitcoin time travelers price prediction
that was a really cool story so if you guys haven't checked out that video I
highly recommend doing so but let's see who wins some free Bitcoin today let's
hope it's not spam so Romer Soto congratulations you are the winner are
you the winner up no you're not the winner here okay
that's spam why did I why I unfortunately you don't win with spam
what a shocker um okay Judith riot is spam again I
thought I saw an email in there so it look like spam again all right the
technique congratulations you are the winner after three tries the technique
is the winner so all you have to do to claim is leave a comment down below
letting me know you're here and letting me know you're here to claim your bake
I'm also gonna need your Bitcoin wallet address would certainly help as well now
guys if the technique does not claim it within the next 24 hours I'm going to be
picking a new winner from this video so all you guys have to do to enter is
leave a thumbs up and leave a comment down below and also be subscribed of
course to check back in to claim the free bake from the guys that's gonna be
if this video hopefully you guys did enjoy like I said don't forget to leave
a thumbs up and leave a comment down below it or a tensor a chance to win
some free Bitcoin and of course please subscribe and have your notifications
turned on so you can check back in to see if you did win so you can go ahead
and claim it but guys thank you so much for watching see you guys tomorrow for
another video
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