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CryptosRUs: Bitcoin's Perfect Storm is COMING - $7T Market Cap Within Reach
- Friday, 02 August 2019 17:20
Bitcoin's perfect storm is coming and it can propel Bitcoin beyond our wildest imagination. Tune in and hear how $7T market cap for Bitcoin might be right around the corner.
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#bitcoin #cryptocurrency #btc
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Crypto Tips: Why the Alts Follow BTC Price Movements
- Friday, 02 August 2019 14:06
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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW:
Trading pairs
BTC is the center of the crypto trading scene because it is the most commonly traded coin with alt coins
It’s also the one cryptocurrency in this space that hands-down receives the most exposure to the outside world of fiat currencies. Alt coins aren’t usually paired with USDT or fiat currencies. This explains why Bitcoin is the general trendsetter in the crypto space.
Most people trade in terms of Bitcoin, they look at what Bitcoin is doing and trade accordingly. Because most alts are traded against bitcoin, this explains why their price movements mirror BTC.
Additionally, most people place stop orders based in BTC, not to mention the sheer volume of trading being done with trading bots. These bots are what I believe contribute to the immediate mirroring of BTC price.
Also, an additional explanation why alts don’t commonly deviate from the price patterns of Bitcoin is evidence that these alts do not have a very strong or independent community and or use case supporting it. Take a look at the graphs of different coins on the homepage of coin market cap, the coins that perfectly match that of bitcoin is strong evidence that these coins don’t have much happening in terms of new developments or advancements. If this were the case, these coins would be seeing perhaps a more positive price movement or at the very least, a different price movement than BTC. In fact if you look at the coins that aren’t perfectly mirroring Bitcoin, it’s worth it to do some digging and find out why.
This article also attempts to explain the conditions in which alts with mirror or diverge from BTC price movements: https://cryptocurrencyfacts.com/2017/12/15/the-relationship-between-altcoins-and-bitcoin-simple/
There are a few different scenarios that happen with price movements regarding bitcoin and alt coins. Either Bitcoin increases in price while alt coins depreciate, this is evidence of most people selling their alt coins and moving into Bitcoin. There’s the scenario where everything is pumping, meaning that new money is flowing into the crypto space and a lot of cryptocurrencies are benefitting. Or after a price pump seen with bitcoin the alts have a delayed positive price actions, in this case this happens when people choose to take some profits seen with Bitcoin and move them into other cryptocurrencies.
One piece of valuable information to remember is that anything or anyone claiming to use “historical data” as main evidence to support their cause or viewpoint that is calling for a specific price movement can and most likely will be very mistaken. Reason being that not only is Bitcoin and cryptocurrencies still a very new asset class, it’s does not offer very much depth in regards to historical data, at all. Not to mention the very nature of this new asset class itself is brand new and we have yet to see its full scope of disruption, influence and adoption.
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Crypto Daily: Is The Bitcoin Bull Run JUST Starting?
- Friday, 02 August 2019 15:29
Is The Bitcoin Bull Run JUST Starting?
Disclaimer: I am not a financial adviser and this is not financial advice.
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DataDash: Bitcoin Rallies Back To $10K | Stocks Sell-Off Sharply After Fed Rate Cut
- Friday, 02 August 2019 16:58
#bitcoin #crypto #cryptocurrencies
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What are your thoughts on what we discussed? Do you think the FED cutting rates is behind the great performance of bitcoin and precious metals? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like, subscribing, and ringing the bell icon.
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Decentralized TV: YEN AUGUST UPDATE | LONG FORM BLOGGING | I GOT SCAMMED | WORLDWIDE MEETUPS! | #SundaySermon
- Friday, 02 August 2019 16:22
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SkrillaKing: Bitcoin (BTC) FINALLY hits a REVERSAL - Pay your TAXES
- Friday, 02 August 2019 17:27
Has Bitcoin (BTC) finally hit a trend reversal? Currently we are above the 55-EMA but struggling to maintain buying volume.
Today we discuss how trustworthy is Technical Analysis when applied to the cryptocurrency markets? Technical Analysis is all about probabilities and not certainties. You should formulate your own risk profile and invest based on your own research.
People that say TA is a joke or not applicable to crypto simply have followed OTHERS TA and gotten rekt; more than likely.
Also I share with you a 4chan biz thread about the IRS sending a $23,400 tax bill. Hire a tax attorney and get your taxes PAID IN FULL.
4chan biz:
http://boards.4channel.org/biz/thread/15071432
Steve Bannon:
https://www.ccn.com/news/steve-bannon-bitcoin/2019/08/02/
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DISCLAIMER: Only invest what you can comfortably afford to live without, and consult a qualified financial advisor if you’re serious about investing. The content of these videos is meant to be informative and entertaining and should not be construed as financial advice, a guarantee of returns, or an official endorsement of any company, party, platform, agent, etc. unless otherwise explicitly noted.
#Bitcoin #Blockchain #crypto
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Crypto Love: Bitcoin Price Today - Bullish and Bearish Scenarios
- Friday, 02 August 2019 17:00
In the past week, Bitcoin price skyrocketed from under $9,300 to over $10,500. This recent price movement can be interpreted in both a bullish and bearish scenario. In this video, I will take a look at bitcoin's price today and explain both the bullish scenario leading to a $20,000+ bitcoin and the bearish scenario leading to a roughly $1,000 bitcoin. Join me...
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To appease money-hungry lawyers and irresponsible people, it should be known that I AM NOT A FINANCIAL ADVISOR and THIS IS NOT INVESTMENT ADVICE. I am merely educating and entertaining. What you do with your own money is your own responsibility. Seek the counsel of an intelligent financial advisor (good luck finding one) before investing yours or anyone else’s money.
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. In limited circumstances the speaker has been compensated by a third party. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This is not an offer to sell securities. Never invest more than you can afford to lose. You should consult with your professional advisors before purchasing any cryptocurrencies.
Were My Picks Good??? Top 5 Altcoins for July 2019 - REVIEWED https://youtu.be/A6vrTYGKGYM
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#crypto #cryptocurrency #bitcoin
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misesmedia: Environmental and Resource Economics | Timothy D. Terrell
- Friday, 02 August 2019 14:53
Recorded at the Mises Institute in Auburn, Alabama, on 18 July 2019.
Mises University is the world's leading instructional program in the Austrian school of economics. Mises.org/MU19
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misesmedia: Is There a Skyscraper Curse? | Mark Thornton
- Friday, 02 August 2019 15:00
Recorded at the Mises Institute in Auburn, Alabama, on 18 July 2019.
Mises University is the world's leading instructional program in the Austrian school of economics. Mises.org/MU19
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misesmedia: Panics and Depressions in Early America | Patrick Newman
- Friday, 02 August 2019 15:02
Recorded at the Mises Institute in Auburn, Alabama, on 18 July 2019.
Mises University is the world's leading instructional program in the Austrian school of economics. Mises.org/MU19
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