Why Bitcoin's Revival Is Different This Time Around

May.16 -- Barry Silbert, Digital Currency Group founder and chief executive officer, discusses what's behind the revival of Bitcoin with Bloomberg's Joe Weisenthal, Romaine Bostick and Caroline Hyde on "Bloomberg Markets: What'd You Miss?"

[@successmentor]

These newbies to the market forget how sloppy and Wild West the whole technology Market was back at the turn of the century. people scoffed at the imperfections in the internet.. and the tech industry. They were sure that it would never be viable... think of all the failed IPOs in the tech industry! Cryptocurrencies are only about 10 years old we're just at the very beginning. Innovation is going to happen the next 20 or 30 years you won't recognize the crypto-currency market. People need to be patient! We're not even in the early adopter phase of the crypto-currency market. We're in the Innovation stage. The Innovation stage is really early! I bought my first Apple II e back around 1985. It's a relic. Look what we produced in the last 35 years in the tech industry. Cryptocurrencies are in the same boat for God's sake! We're just at the beginning enjoy the ride!

[@9pt9]

Success Mentor If we’re only in the early adoption phase and crypto’s are still “imperfect” does that mean something better than BTC will come around? If so what will that mean for the value and use of BTC if people opt for a “more perfect” crypto?

[@everythingallin4905]

@@9pt9that's what trading is for

[@aer9313]

You are absolutely correct Success Mentor, I just subscribed to you for this statement lol. And I'm a TOTAL newbie and even I know this. Well, I guess that makes me not a newbie anymore, I'm starting to develop an eye for this space. Blockchain Passionate & Crypto Crazy hehehehe

[@aer5880]

@@aer9313 Oops, wait, I forgot...Remember now, crypto isn't green and leaves a footprint so we all know right there that's not the direction we are going. And there is an alternative that solves the money issue. Now, for the newbies, however, blockchain is a technology that is here for good.

[@irlserver42]

The fact that people are trying to get gold holders to sell into bitcoin tells you all you need to know. If gold was the scam it would be the other way around. People might buy bitcoin - but they're not going to sell off their gold. You can't even *mine* bitcoin without gold - or spend it without gold, the entire information economy is dependent on precious metals like copper, silver, and gold.

[@pegpenguin]

I like bitcoin… well I did for a while (before this recent scam pump that is). But lame stream media suggesting to dump gold is creepy af, I must say. Someone out there in the shadows must want more gold.

[@damienwins6185]

Ethereum classic???? wtf. lol. All the developers are on Ethereum ETH,, not classic ETC and ZCash has HUGE founders pay... WTF is this guy shilling? Do your research everyone!

[@rotierender_lurch]

ETH > ETC XMR > ZEC

[@youtubeforcedme4079]

@Robert A. I understand this argument but it's not really valid imo. There's no real development going on in ETC. Even in ETH there's not that much development going on. ETC has been 51% attacked and it has been hacked before already. It's a very weak coin and shouldn't be up in the top 20. Its only confusing for the people in the market.

[@FadeStrategy]

@Robert A. Obviously its not the eth that vitalik fell in love with as he supported the fork and is active in the development of ETH and ETH 2.0, but please get some skin in the game and keep buying trash that will trend to 0 like ETC BCH & BSV.

[@nzalog]

The dude on the right side seems like he's turtling a giant log but pretending everything is fine.

[@JBravo590]

Bitcoin please go to moon... Got to be loving this crypto market

[@declanraphael8773]

I work with Mr philip Jackson. He is the best tutor in cryptocurrency right now and a genius. We all know btc is on the bull run now He has helped me trade my 3BTC to 19BTC since March

[@lewisanderson8635]

i have been working with him for over 4 months now , i must say the outcome have been good so far

[@geraldharry2185]

WOW, COOL HOW CAN I CONTACT HIM PLEASE

[@declanraphael8773]

Cryptophilipjack @ Gmailcom contact him

[@geraldharry2185]

@@declanraphael8773 THANK YOU SIR

[@silverbullag4759]

I believe in bitcoin and hold at least 1BTC But this lad does not understand what gold id

[@rotierender_lurch]

@Scott Matthew STFU Pajeet

[@Mellowman468]

Bitcoin Shatoshi Vision is the real Bitcoin

[@lunarbluesmusic]

@@Mellowman468 Palm Face

[@wrongthink1212]

@@Mellowman468 Cringe bro

[@XaYaZaZa]

Hedge against fiat with Bitcoin 💪 Has been good to hold digital gold. Outperforms everything 🔥

[@Darealist5629]

Xa Ya Za Za 💯

[@nimohobbs9827]

Bitcoin is too good for this world.. We deserve that damn fiat..

[@rp479]

nimo hobbs it’s not fiat...

[@tellyaddict]

@@rp479 That's his point

[@TheJSmithBA]

Everyone knows that crash boom pattern by now. Don't be surprised if it doesn't play out the same way again.

[@oscarg1006]

If it truly was unsustainable then it wouldn’t have lasted over 10 years now, and so far it looks like we are in for a fourth large rally.

[@skip2up]

Is the rise in price(s) of BTC>cryptos causing the news or is the news of BTC>cryptos causing the rise in price(s)?

[@juliansmulian]

Don't listen to these people hoping you rush in. Bitcoin will dominate world finance one day but it still has 3 colossal hurdles to overcome. If you put your money in now, be ready for a roller coaster ride. . 1) There are still straight up scam coins in the top 10. Bitcoin and crypto in general can not succeed as long as ponzi schemes like XRP(60% owned by Ripple) and Tether(The joke of the cryptoworld) are still in the top 10. (I am not a financial analyst. I am an android and blockchain developer and have been writing code since Reagan took away funds for youth computer instruction). 2) The intelligence of the average crypto investor needs to increase dramatically or you will continue to be a pawn for whales and corporations pumping you, dumping you, and retailing you while profiting from your money. 3) Once bitcoin(and ethereum) catch on with the masses, governments will undoubtedly spend money to attack them both publicly and privately. Some governments will spend billions in vain dos and percent attacks to attempt to crush it's value. They may partially succeed for a time so expect huge swings in price. 20K to 3K is nothing. Wait until you see 500K to 20K then up to a million. Be ready!

[@cromwell1232]

UTILITY WILL CRUSH YOUR THEORY ON XRP.

[@juliansmulian]

@@cromwell1232 You have put your faith in a for profit company. That's really sweet. ...ATOMIC SWAP

[@cromwell1232]

@@juliansmulian UTILITY.......

[@ryansettani9189]

@@cromwell1232 Listen to this guy, all you guys want to hear is 'BTC to the moon'...anything on the contrary is laughed off , U really think the ruling class will allow every milennial to be overnight millionares, the BTC train left a year ago when only a small percent of people owned it, another unknown coin will replace it, and only the Big boys know, they will take BTC to $1000 and bust everyone, its a certainty

[@ryansettani9189]

@@cromwell1232 XRP is another scam- when u hear everyone touting a coin, its guarenteed to Bust you, and XRP is gonna follow BTC to $$0 in 2-4 years, bank on it

[@c4p4c1t1v3]

bullshit. Tether is falsely propping the price up

[@archetypalmemes9874]

Perfect sell signal, thanks

[@joshafflu1]

Its a market people, its gonna act like a market does(predictably irrational) don't listen to any bs about mass adoption, cuz that shit aint happening for a few years at least.

[@osityan]

What are the smartest ways to convert larger sums of litecoin into cash?

[@KillaCommieFerMommie]

EOS will be HUGE

[@lamarravery4094]

Good luck converting bitcoin to cash. I've heard it takes about a week if not more. I still think it's not real money. It's not even a beanie baby or tulip bulb. Why would I want a bitcoin, it has no value. I'd rather have a hard tangible asset, like, gold or real estate.

[@friedrichhayek3683]

Gold is a fraud and it's not money. I have never seen anybody buying anything with gold

[@stevejoshua9536]

Gold is not currently used as currency, but to call it a fraud is odd. Gold is used as stored value.

[@sockittomeslots6779]

I'll trade 5 gold pieces for your chicken

[@johns4412]

Idiotic comment of the decade

[@friedrichhayek3683]

@@johns4412 explain what you mean

[@HealthHustlers-x]

Well when we had a gold backed economy, your dollar bills were a version of gold hence gold and silver certificates, But now we're on the petrodollar backed by oil.

[@alstonfernandez]

I bought 2 ounces of gold in 2014 3200 Dollars. 5 years later im down 300 bucks. I contemplated buying 3000 worth of xrp at .0065 cents in 2017 jan. 11 months later that would have been worth 3.5 million usd

[@videoluvr4204]

i feel you man, i never pulled the trigger on XLM Stellar when it was 1/5th of a cent (5 tokens per penny) however bought some at 15 cents and sold at 90 cents on Jan4th 2018 when it moonshot

[@alstonfernandez]

@@videoluvr4204 was in stellar at under a penny . i came in this game pretty early bitcoin litecoin were the only ones popping in 2012 then the 2013 crash came and crypto went silent till about 2016. i got in eth in 2016 at 5 bucks and ant shares now neo at 2 bucks. only problem I never invested big

[@videoluvr4204]

damn ETH at $5 would've been sweet to pickup 1,000 ETH for $5k invesment

[@videoluvr4204]

i wish i would've known someone who could've explained this all better back then, of course i heard of it in 2011 and 2013 but it was just a passing story and i didn't research it :-(

[@videoluvr4204]

that isn't smart, there are some other cryptos in Top50 that have promise

[@Economivision]

Peter Schiff shit on this guy. Was pretty incredible.

[@islandbee]

No he didn't. Peter Schiff is shitting on himself for not listening to those who were telling him about Bitcoin when it was trading less than $20. Ouch!

[@MetalBum]

Be careful hedge against bitcoin and cryptos with precious metals like gold and silver. I'm not saying sell bitcoin but as price of BTC goes to $20k, sell some of the BTC and buy precious metals as a hedge --to diversify for 'insurance'

[@GardenerEarthGuy]

Hedge against bitcoin with tulips.....

[@keithlyons103]

lol

[@elliotm01]

The truest value is your attention, thoughts, emotions and actions. Cryptocurrency may be a step away from centralization, but the goal should be like Michael Tellinger's resource based economy. Forsake the model of manufactured lack. The ideas and technology for peaceful prosperous abundance exist now and have existed for a very long time. Humanity must mature and grow beyond immorally supporting oppression and domination, thereby funding their own enslavement. One cannot delegate a right one does not possess.

[@aenemalateralis]

Barry Shilbert. ETH > ETHC MONERO > ZCash

[@shah-baazkhan9249]

I am interested in btc earning pls tell me

[@cosmosaic8117]

ETC domination. Haters gonna hate

[@wilddolphin]

You can take your wealth on your keychain instead of leaving it in a safe. You can flee your country with a memorized recovery seed in your head and have all your money waiting for you. This is a PART of the future, NOT a gold replacement!!!! The commercial is just illustrating a point if it needs to be spelled out.

[@ZoneTwelveOnline]

These guys don't know anything about the movement the tech and the infrastructure that is built around it.

[@thangchanh2932]

they say this all the time after each bubble pop and the prices pick up. Just like the last one from 1k to 20k run. "OH BUT GUYS THIS TIME ITS DIFFERENT". Of course its going to be different because theres actual people actively developing this. Same with the run from 100 to 1k. "BUT GUYS WE HAVE MORE EXCHANGES NOW" blah blah blah. Do yourself a favor and dont listen to anyone. Do your own homework and make your own choices. Ive made mine prices go up and down but im forever long crypto

[@bernardmailman8018]

Bitcoin is the best form of money humanity has ever seen.... Let that sink in.

[@420Gold]

really? what if the power goes out? I can still use my coins, cant use my bitcoin. What happens if my crypto wallet gets wet and breaks? Sure I can probably recover those coins, but I cant use them until I do. I could go swimming with thousands of dollars worth of gold in my pockets and just like btc no one would know its in my pocket, but unlike btc I could get out of the water and use it immediately.

[@420Gold]

Also, if the power goes out I can still use metals, or even fucking dollars. But not my btc.

[@FirstLast-sr5ht]

Well... you can do the bitcoin calculations on paper and use the mail system to keep ledgers synced if you really want to. I would personally suggest just running a generator or solar panel for computing and communication purposes. The real problem is what happens when electrons stop flowing

[@420Gold]

@@FirstLast-sr5ht There ya go, I'd be curious to see how many crypto moon boys could even do those calculations, and even more curious to see if they know how to physically mail something lol. Sure a solar panel would help with that problem during a bright sunny day (assuming it wasnt bad weather that knocked the power out). But if youre dumb enough to buy a solar panel to run youre btc during a power outage then youre also dumb enough to not realize that solar panel likely has silver in it (because unlike btc, silver has real physical value), and the computer/phone you transact your btc on likely uses gold. If electrons stop flowing then you probably need some silver (or gold) wire, its a great conductor of electricity. Actually silver IS the best conductor.

[@420Gold]

And I say this as a big crypto supporter.

[@thretto]

For those who are still wondering what Horizen is, check out their website: horizen.global

[@mardre6983]

Bitcoin = digital (in your own wallet) Gold = physical, if you hold it in your hands, otherwise paper gold, which is IOU crap Own simply both! Period.

[@Always.Smarter]

most people don't actually own their gold, they just own a gold derivative which someone else gives them permission to access. physical gold is simply too impractical.

[@jefflovejoy2997]

It's always different this time. [heavy sarcasm] More likely, the cost of printing money exceeds the value of the currency. Even more likely is that the banksters and governments want to control everything you have. Blah. Blah. Blah.

[@lukepatto4366]

But what about Bitcoins HUGE drawback? Transactions per second?

[@SAL-fs1mr]

2nd layer technologies (such as the bitcoin lightning network) will scale bitcoin to millions of transactions per second.

[@ijeffc1]

Flash the Turtle wants a Turtle coin

[@bambee3501]

Ethereum Classic, really? Did I miss something?-.-

[@christopherlemacks6394]

I was like "Ethereum Classic? That shit is dead." Hahahaha

[@bambee3501]

Christopher Lemacks this kind of greed is what gives the space a bad rep

[@christopherlemacks6394]

@@bambee3501 yeah it is said cause it makes people confused as to what to buy. People have bags and promote that project cause they are stuck with the bags. Even if it has been hard forked and the hard fork is the 2nd biggest network and newer and more updated hahahahaha.

[@medithes1279]

>> can i buy using bitcoin on mars ? Do you think "Klingon", "Borg" or even "Vulcan" from Star Trek would know about bitcoin or agree on that ? Is it Universal (Viswantara). Not a hater just a thinker. While mining companies want to setup bases on asteriods for mining gold and rare earths. Even the connectors are made of gold in intel or snapdragon chips. Keep it real simple! Gold is Gold is Gold is Gold. 3rd worlds.

[@gregrichey840]

I like the use and convenience of crypto. But gold will work if the grid goes down. It probably won't go down but if it does your crypto is locked down.

[@mianzan8926]

2 BIG Reasons for Price Rise First REASON: Fidelity Investment putting in $100 B soon. Price going to USD +20 k for sure. That is why all big game players all over the world are taking positions quickly. So do not waste time - make a decision now or you will miss at least 50-80 % return. Second REASON: Do not forget that at least 3 major ETF applications are lying with SEC of USA (Check details on CNBC site) to be decided in next 2-3 months. All knowledgeable investors know this fact that the decision will be in favor of BTC. SEC is just taking all precautionary measures before making a final decision. So take positions NOW or you will have just a big REGRET left with you.

[@nixtoshi]

At 8.5k I'd rather wait, I believe the price will come down to 6.x range before we see any big news. I'm not sure the price will spike though even after aprobado approval. Bitcoin investment products are already available in some trading desks and the price movement hasn't had a big impact

[@geneshepherd9393]

Bitcoin is great only one thing. Who controls what we see on the internet.

[@vicary12]

Gene Shepherd who controls the central banks? Bingo! 😉

[@evinenry8422]

The GBTC will get you gains in Dollars, not in BTC. You the holder of GBTC don't end up with Bitcoin you end up with digital USD which are not limited in supply in anyway. Know what you are buying. The Fed Treasury "note" is a promise to pay, it is not the payment itself in the world of maritime commerce banking law the note is akin to an i.o.u. where as a private key to ripple, ethereum, monero, even dogecoin is verified by a node on a network. The value is in its utility, like finding a Swiss army knife with a flint on it in the middle of forest when you are hiking and get lost and are now cold and the knife utility feature is more value able than its price due to the environment you found yourself in. The private key is the tool on the utility knife that will save your Ass in an unpleasant environment. The USD is a wet soggy match without a striker to create a spark regardless of the powers that be desire to have you believe that being owed money by some on 21 trillion in debt will be paying you back with anything other than a soggy wet useless book of matches. Debt isn't an asset anymore. It's 2019 not 1971, gold might be collateral but it's lies valuaBle than the correct information to make the right decision in the right now moment thAt affects you 15 years into the future. QUBIT COMPUTERS are 5 years away, and planetary finance is no longer a thing elites will maintain control of the N ways of replacement currencies wiĺl astound you in 5 years. Read up.

[@evinenry8422]

7

[@markjackson8442]

It’s coming! Bitcoin mining reward halving 2020. Łitecoin August 2019....🌬....🏄‍♂️ ‘The biggest supply shock in the history of financial markets’"

[@moneyprintergobrr6501]

Shilling BitconnectCoin a few hours before the dump, perfect.

[@timmathews803]

What do you mean?

[@jerzyruszaj1908]

@@timmathews803 He means Bitcoin flash crashed that night. The same kind of people were telling to buy at 18k.

[@KillaCommieFerMommie]

Pepe Clowns bees RAYCISSS en sheeit

[@Always.Smarter]

imagine thinking that hourly price swings are relevant

[@onelove7941]

If you ain't first, you're last. - Bitcoin

[@bobolson7610]

Ricky Bobby

[@timetowakeupnow9889]

XRP _ CANT YOU SEE _ THE ONLY ONE FOR YOU AND ME_ XRP

[@yannickvankerkhove5371]

Ethereum Classic? Really? Smh

[@cosmosaic8117]

ETC for the win WUT WUT

[@toblerusseta]

That lady sprinting in the stilettos, yikes. RIP her ankles

[@geneeverett7855]

Wow So much BS here! Shame on Bloomberg

[@Mellowman468]

Gold lacks in utility....enters Silver

[@jimbig3997]

Silver is clearly a better investment than gold right now.

[@budgetking2591]

So cringe to watch news reporters talking about btc

[@gmjeer]

Buy gold, silver, and cryptos. Get out of the dollar.

[@gmjeer]

btw... Bitcoin is good but old. Litecoin will rule.

[@A.spec-alan]

@@gmjeer never! Litecoin is the little brother of bitcoin.

[@pixelmartyr8532]

The American dollar does not need an advertising campaign.

[@Johnn19K]

berry got fatter but my wallet didnt

[@isaiahferreira5267]

All these crypto videos should be your signal to FUCKING SELL

[@txtpeer5179]

Bitcoin to the mooon !!!!!!!!!!!!!!!!!!!!!!!!!!

[@AndyClaner]

Buy Bitcoin people.

[@daniellegler4011]

My loves this shit, GBTC i mean. She's 72.

[@adriankho7217]

Get'em Shillbert!

[@amineaiffa]

Bitcoin has a major flaw in that it completely depends on the miners verifying the transactions. If you shut down the miners, centralize their power, or reduce their reward for the huge power consumption costs (which happens as we get closer to the maximum number of minable bitcoins), the entire bitcoin network becomes worthless.

[@XaYaZaZa]

Wrong on many levels.

[@jle430]

But no one is using this currency. We still can’t get a cup of coffee faster than using a dollar for a coffee. Come on this can’t be real again ?

[@SAL-fs1mr]

Actually, with using the bitcoin lightning network, you can pay for coffee faster and cheaper than cash/card.

[@Robert-dt3is]

Gold is like Vinyl Records Bitcoin is like Digital Streaming

[@briancorcoran9888]

Good analogy.

[@universerebel3638]

Gold is like horse and buggy. Bitcoin is like the car.

[@foxyjackal2236]

I don't think the analogy is very accurate, I would tweek it just a little. You cannot own the media you stream, you are essentially renting music or TV shows from platforms like Netflix or Spotify. A better analogy would be a media file that cannot be copied, has a fixed supply and can be traded peer to peer a digital version of vinyl that doesn't lose any of the qualities that make it valuable.

[@jokrg]

So... Bitcoin is more like a private Digital Mix. No one can hear it until you decide to share access to it. It’s yours to share by streaming or playing it aloud, or until you start allowing copies from it... even so, the original tracks are yours to own.

[@mark8323]

XRP 😎

[@keeganpenney169]

He called me out on being a boomer. Going all in

[@phoenixeyes7160]

Bitcoin will crush BANK .... DOLLAR...AND WoRLD PAPER MONEY...

[@doughamel150]

This guy knows nothing about the true financial system. If the central banks are buying gold, BUY GOLD...he has no concept of the long history of the monetary system. He has entered the game right at the end of this system and so he seems to think he knows...he is being played and listen to him and you will be played.

[@iamthecryptowonder]

Doug Hamel You’re smart!!! kzbin.info/www/bejne/p5WUYaajmsl6l5o

[@Deezmok]

ETC?? Shit coin

[@krishlanaidoo1381]

What compliance or who regulates this bitcoin or platforms

[@SAL-fs1mr]

Bitcoin is regulated by math, it can't be regulated by government institutions.

[@jeffmiller6801]

Look at wwves platform

[@Eplemos4Life]

2019: Gold -0,5% Bitcoin +90% 🧐

[@briancorcoran9888]

@Mike OZ Peter Schiff is a dinosaur.

[@erellip]

@@@briancorcoran9888 Dinosaurs roamed the earth for about 170 million years. Men about 6 million years including ancestors. Humans about 200 thousand years. Human-bitcoin vs dinosaur-gold. My bet is on the Dinosaurs and gold.

[@paulogouveia5683]

You look like an idiot and you are a fucking idiot

[@jeffreyvanco1164]

2020 Gold same price as 2019 BTC 3000 dollars

[@Eplemos4Life]

U. Sinclair dinosaurs got extinct, just like gold when bitcoin will absorbs its value. As a species, humans is the only one that has climbed to the top of the foodchain over the whole world, and the fastest. Humans is the apex predator of the species - bitcoin is the apex predator of money and value!

[@rogerelder1196]

Gold mining is destructive and the gold is barely worth what it costs to mine it.

[@IwantPizza2011]

Rhythm is a dancer

[@g_skul4970]

On January 22, 2019, the Bitcoin Energy Index was estimating that 100% of miner revenues ($2.3B) were actually spent on electricity costs. That's not destructive?

[@WeserWaller]

Crypto investing is tough quite alright but not as difficult as it may seem if you follow the basic rules and don't love or get emotional with your coins. It is volatile and scary at times as things can fly up and down at extreme rates. If you are not careful, then you risk massive losses. To ensure continuous profitability, make sure you learn, be careful and do not listen to stupid things most Crypto traders say on youtube and other forums as they are lots of speculators in the market who tell you XRP is going to moon or BTC is at its dip and a reversal is sure and you even lose more money holding on to coins because they said so. The truth from my personal experience is that trading daily is far safer and more profitable than HODling with so much uncertainty in the market. I have lost over 8 BTC value HODling for one year and have gained over 13 BTC in less than two months, something I am sure is a daydream for most hodlers. You have to be careful though and be exceptionally good in your T.As, reading the news and understanding the trend correctly. I would also like to stress is that if you aren't 100% sound in these, you should make contact with someone with good experience and trade history to help you through. Someone I would highly recommend is Michael Wagster * * (michaelwagster100 @ Gmail. com) . His analysis is sound, and his trade signals and strategies are some of the best out there to follow. He helped me recover my losses and make gains I find hard to believe.

[@lonkow]

Heh, eth classic... Get out of here

[@cosmosaic8117]

Eat it. ETC Nation

[@scottwhite115]

Eth Classic is like the Atari of crypto.

[@Silvermeow]

This is all lies lmao

[@joep2280]

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

[@thelightkeeper7493]

Like the video please.

[@Dstreet1121]

This time is different... Why? Because BTC stopped becoming Bitcoin in August 2017. Do some research, learn about forks... BTC is not Bitcoin.

[@killermat9]

Gold is part of a Supernova.. Bitcoin is just ...... Bitcoin..... No thank you, i will rather buy Ethereum

[@igorbogdanoff4517]

Daily Madness? Nah.. Daily Stupidity

[@killermat9]

I think you are the stupid one lil fellow

[@RichBuddy]

gold has intrinsic scientific properties most in the world yet do not understand. There is a reason why people sought and hoarded it as they were told to do by their Gods.

[@bisiriyutajudeen5728]

Huh? Lol God? Thats the dumbest thing ive ever heard.

[@Countcho]

Lmao!!!

[@RichBuddy]

Yes Man Alchemy look it up. Its a scientific term. It can be applied to any metal.

[@RichBuddy]

@@Countcho Alchemy was an ancient branch of natural philosophy, a philosophical and protoscientific tradition practised throughout Europe, Africa, and Asia, originating in Greco-Roman Egypt in the first few centuries AD. Alchemists attempted to purify, mature, and perfect certain materials.

[@RichBuddy]

@@Countcho Gold can be altered into white powder/pellets. look it up.

[@younnhash7620]

How about DAGCOIN???

[@yuriossipov896]

lmao, "this time is different". lol.

[@terryparish7133]

BITCOIN IS great but also check out Digibyte!

[@x14inchdubsx30]

Very much agree! I only recently started to fill my bags with dgb. I also really like iota because of tangle

[@crazycheetha]

NO WAY PPL!! ZERO CHANCE!!! EASY GUYS.. MAYBE XRP $3 BuY 2020 MAYBE!!!! could be even less.. i have spoken.. but i like xrp.. but NOOOO FUCKEN WAY.. i SAY..!

[@scottwhite115]

Ripple is a shitcoin. BTC is the only crypto currency. Stellar is better

[@daniellegler4011]

The xrp army of the brain dead speaks, you must listen.

[@tylerhess8267]

First, I'm pissed that youtube algo decided I needed to see this video, but I have so many issues with bitcoin being a replacement for gold. First, his video done purposely does not show the right scale of how much gold someone would carry. You can hold 100 Troy ounce of gold in your hand or $127500. Second, bitcoin price is determined by supply and demand, there was plenty of demand in late 2017. Bitcoin was pumped everywhere, until they release futures in January 2018 and the price collapsed. Price rose because as we all know supply is limited. The maximum amount of bitcoin that can be mined is only 21,000,000. There is 6.1 trillion ounces of gold. Gold supply out weighs bitcoin by 290 to 1. If bitcoin was 1 to 1 to gold with supply it would be worth about $27. Other issues I have with Bitcoin, it 4 times slower than Litecoin and other cryptos, most people are not intelligent enough to store it, let alone trying to transfer it to wallet to wallet. It was and always will be a pump and dump, just like everything else is on Wall Street. Finally, if you got this far central banks are buying up gold, because they know their fiat money is garbage and they need insurance. They are smart and the control everything. Even crypto takes off, they will own that market too.

[@mikehooker1963]

Crypto is here to stay

[@XxXxXBig]

I’ll call it now. Easy $50+ GBTC

[@MrKrzys01]

Am I the only one who trades crypto profits for Gold?!

[@pegpenguin]

No, that's why they are attempting campaigns for you to do the opposite. They really really care about you as a person, lol Trading crypto profits for gold, is how you lock it in with high probability (safeguard). Turning in gold for crypto, is how you potentially fritter it away with high probability, by making it liquid enough to be stolen quickly.

[@tiagolopes5080]

yes

[@donzackyolivento822]

Very impressive , how can i contact him ????

[@mzcandidus1553]

Anderson Roberto is good, I appreciate the trust built over the past few months of working with him and I respect him for his honesty and hard work.

[@lorenzoluis7370]

I lost $20,000 on my first trade as a novice but since I came across Anderson Roberto ,I've fully recovered my loss and gained close to $50,000 more with his strategy and consistency in trading

[@harkeemkeny1635]

I'm overwhelmed with joy and happiness investing with Mr Anderson Roberto, He grew my token to $30,000 in 4weeks.

[@alvaro6615]

Last week's investment yielded a sum of $2,850 and is all thanks to Anderson Roberto Trading. His consistency in making profit makes him outstanding from other bitcoin traders

[@Manuel-sy7ph]

In 2 months I have close to $10,000 on my account with $2,000 as capital and have withdrawn up to $5,000 from it. without an affiliate program it is a bull run on the account ,thanks to Mr Anderson Roberto.

[@Mauropmg]

Buy both

[@raymcmillin3474]

"Different this time" plus "Bloomberg" equals "sell."

[@ryansettani388]

yap!! BTC to the Moon LMFAO, going to $1000 in 2-3 years

[@A.spec-alan]

@@ryansettani388 really? What else do you see in your crystal ball?

[@ryansettani9189]

@@A.spec-alan I dont have a Crystal ball, I have common sense. My 17 year old son has a crystal ball, and he wants to buy BTC:)

[@fritzwagner1290]

Time to dump bitcoin. Wouldnt recommend to re-enter until this hype cools off again - they desperately look for buyers.

[@chevy4x466]

If one wants to invest in bitcoin I would encourage purchasing bitcoin instead of invest in this unsecured bank etf of bitcoin. The banks contributed greatly to the 2018 bubble.

[@successmentor]

Yes agreed hold your Bitcoin in your own wallet your Ledger.

[@alexphotoman]

The etfs are for pension, retirement superannuation funds to have a small exposure to Bitcoin.

[@boatonthedock]

We should ask, "Why does the "short interest" in Bitcoin continue to rise with the price increase? Have not yet felt enough pain from the bleeding? Hmm.. or maybe... Imagine the players on Wall Street waiting for the infrastructure and regulation to set in place for their full participation in the best-performing asset class of the century. Well, maybe if I were a large institutional player waiting on the sidelines, and I notice that retail investors are fronting a surge in interest & price for bitcoin, and if I could afford to sit on an underwater short position, then I might effectively be able to manipulate the price at a future time to scare newcomers away to maybe tip the scales, in order to delay or hold back prices until entry - or any number of possible desired outcomes. Especially if I had friends that think the same way

[@lchpdmq]

Ethereum classic? Weird

[@chrisiden1]

etc is the baby eth very cheap room for high returns... buy low sell high get ur lambo/realestate.... relax n chill

[@mjkeating]

ETH is too much of a BTC competitor for Barry and BTC maximalists in general. Of course, the vast majority of programming mind share and resources are going into ETH rather than ETC.

[@bitsourceamlsolutionsconsu6449]

@@mjkeating Digital Currency Group isn't selling any of their ETC.

[@connylaurine745]

I wouldn't sell my gold for bitcoin, but I'm buying Bitcoin and other crypto currencies.

[@Always.Smarter]

@Truth your bank account and gold derivatives are useless under a "super solar flare" as well ;)

[@babyboyy6305]

Invest in kbc and kcb coin!..i promise you'll thank me later.

[@connylaurine745]

@Truth The war you're preparing and hopeing for won't happen in our lifetime. Good luck with your food cans and ammo.

[@johnjacobschmidt5065]

Truth actually in a “shit hit the fan scenario” gold would be useless. Clean water and guns would be worth more then a wheelbarrow full of gold

[@johnjacobschmidt5065]

Truth wronggg

[@mianzan8926]

2 BIG Reasons for Price Rise First REASON: Fidelity Investment putting in $100 B soon. Price going to USD +20 k for sure. That is why all big game players all over the world are taking positions quickly. So do not waste time - make a decision now or you will miss at least 50-80 % return. Second REASON: Do not forget that at least 3 major ETF applications are lying with SEC of USA (Check details on CNBC site) to be decided in next 2-3 months. All knowledgeable investors know this fact that the decision will be in favor of BTC. SEC is just taking all precautionary measures before making a final decision. So take positions NOW or you will have just a big REGRET left with you.

[@chrissalley9468]

For the life of me I can't understand why people don't see this coming. Infrastructure is being put in place for cryptocurrencies and huge companies are coming on board. Anyone who misses this revolution deserves to get left behind

[@youngjizzle8334]

holy moly.... it is happening !!!!! get ready people..

[@phoenixzappa7366]

And he's broke

[@andrewfreeman88]

No mention of Ether or Litecoin something is fishy about this guy...

[@ZYLON22]

Wtf are you talking about?🤣

[@stephenoneill2844]

Litecoin is the right coin

[@lchpdmq]

Haha, litecoin? And it’s eth or ethereum, not ether, seriously wtf

[@ZYLON22]

@@andrewfreeman88 why should he talk about Litecoin or Ethereum? Everything depends on Bitcoin, the whole market goes up only if Bitcoin goes up! So Litecoin and Ethereum are completely unimportant in this interview.😂 you are a noob right? Btw Litecoin is senseless, what is better about Litecoin compare to btc?

[@skatitajs_nr13]

@@ZYLON22 you are the noob here, lol

[@tarponjohn]

why don't you try and travel with gold...it's impossible...heavy and customs will give you a hard time...digital is the future ...

[@luxveritasvirtus5369]

John Wijnberg goldmoney: digital gold

[@Denkie578]

Litecoin is the privacy coin and the coin to transfer faster and cheaper.

[@streetstylz]

Yes! lightning network, automatic swaps & smart contacts all on the Litecoin network

[@phiguy984]

LTC has very little utility and even less development. XRP is faster, cheaper, and currency agnostic. The lightning network is a failed experiment.

[@Denkie578]

@@phiguy984 that's not true. Try to get information about Litecoin and crypto currency.

[@GNULinuxGuy]

Dash is vastly superior to Litecoin. Optional strong future-proof privacy, instant permanent settlement for practically free. Proper cryptographically secure governance to manage the DAO, etc etc etc!

[@80sruler]

To come on and try and make a fundamental argument why BTC crashes then comes back is a moronic. There’s nothing different between December and today other than sellers got washed out and buyers stepped in

[@eosnationfr5011]

Just Bitcoin? What about EOS? EOS will dominate the market of smart contract platforms in a few months. Look up EOS people!

[@scottwhite115]

Pfffff hahaha is that what they told you?