For exclusive travel vlogs and early access to content check out my Patreon account here: https://www.patreon.com/cryptotips Earn BAT and Help support Crypto Tips by joining Brave Rewards: https://brave.com/cry258 Find me on Steemit: www.steemit.com/@heiditravels Twitter: @blockchainchick Instagram: @hheidiann Bit.tube: RealCryptoTips Get that BRAVE Browser! : https://brave.com/cry258 Check out the new hardware wallet Ellipal HERE: https://order.ellipal.com/?ref=5c08236b8e68e Thinking about purchasing a Ledger Nano Hardware Wallet? Browse their official website: https://www.ledgerwallet.com/r/67ef Want to join coinbase to begin your crypto journey? Here’s a link to get free $10: https://www.coinbase.com/join/558828d LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW: Definitions: https://www.cryptocompare.com/coins/guides/what-is-a-premine/ Pros and Cons: https://www.coinist.io/pros-cons-of-premined-cryptocurrencies/ Morgan Creek Capital stays away from premined coins: https://www.elitecurrensea.com/forex-and-cfd-blog/cryptocurrency-analysis/crypto-news/premined-crypto-assets-are-avoided-from-index-funds/ Founder of Ethereum’s take on premined coins: https://www.cryptoglobe.com/latest/2018/10/vitalik-buterin-under-fire-over-ethereums-premine/ Compare to Proof of Work mining: https://cryptobriefing.com/the-miners-dilemma-premined-coins-making-headway/ Understanding the economics behind premined and PoW coins: https://cryptobriefing.com/instamines-stifle-crypto-adoption/ If you are somewhat new to this cryptocurrency space and you’re finding yourself curious about what it means if a coin is premined, significantly premined or instamined, I just want to say congratulations, I consider this a level up scenario because you’re starting to dig deeper and possibly fall into a mini rabbit hole with this one. Don’t worry, it’s a topic worth exploring since it will make you a better investor in the long run. Premine: “A premine is where a developer allocates a certain amount of currency credit to a particular address before releasing the source code to the open community.” So essentially a premine occurs when the developer or developers decide for themselves how to allocate certain percentages of the coin supply before it’s open to the public. *Note that a coin that is premined doesn’t necessarily mean it has been 100% premined, this percentage can range from a small percentage to a significant percentage. Instamine: “the first few blocks have super normal block rewards, so only those miners in at the start are able to gain large holdings of the total % of that crypto currency.” Maybe you’ve heard these phrases mentioned about different cryptocurrencies before. Maybe you picked up on the fact that these phrases are rarely brought up as a positive thing. Maybe that’s why you wanted to watch this video to understand exactly why that might be the case. If that’s so, I’m glad you did because that’s exactly what I’ll be going over next.

Los Angeles, CA- There is a lot to talk about today so I present to you two guests that can talk a lot about Bitcoin! JW Weatherman and Boris return to the show to talk about what happened this week in Bitcoin! They will also get into deeper Bitcoin and crypto related topics. Private money? The money of enemies! JW- https://twitter.com/JWWeatherman_ Boris- https://twitter.com/GKBoris India- https://www.moneycontrol.com/news/eye-on-india/videos/10-year-jail-for-buying-selling-cryptocurrency-in-india-report-4073451.html Facebook- https://twitter.com/hasufl/status/1136679557392678912 Gab- https://twitter.com/getongab/status/1136355017320009728 CASA- https://twitter.com/heavilyarmedc/status/1136301782647357440 Support the BitcoinMeister on BitBacker- https://bitbacker.io/user/bitcoinmeister/ TechBalt.com has every This Week In Bitcoin show! All audio Podcasts at SportsMeister.com Thursday's show- https://www.youtube.com/watch?v=qNprMwC1XRc Wednesday's show- https://www.youtube.com/watch?v=vqprRKI0uCk Tuesday's show- https://www.youtube.com/watch?v=F4KBUW-dWxs Monday's show- https://www.youtube.com/watch?v=cMaC_j8Rs1k Sunday's show- https://www.youtube.com/watch?v=AGbZNQdY1xI Saturday's show- https://www.youtube.com/watch?v=V2VPe6bqsVI Friday's show- https://www.youtube.com/watch?v=AIFSqch-ng8 Get audio podcast versions of my shows at the following links: https://anchor.fm/bitcoinmeister https://www.google.com/podcasts?feed=aHR0cHM6Ly9hbmNob3IuZm0vcy85OWIwYjNjL3BvZGNhc3QvcnNz https://overcast.fm/itunes1455583682/bitcoinmeister https://www.breaker.audio/bitcoinmeister https://itunes.apple.com/us/podcast/bitcoinmeister-bitcoin-cryptocurrency-altcoins/id1455583682?mt=2&uo=4 https://open.spotify.com/show/3h2R3XyV2GQFB0uV7bD0mp #Bitcoin Email the Disrupt Meister intern- [email protected] & tell us why you want to be an intern! -------------------------------------------------------------------------------------- Get anonymous VPN and PROXY at Torguard! https://torguard.net/aff.php?aff=3899 CryptoHWwallet affiliate link- Shirts- http://www.cryptoverge.com/category/shirts/bitcoin/ http://www.bitcointothemoon.com/merchandise.html https://hodl.threadless.com/ 10% MEISTER discount code- https://www.cryptoidshop.com Allgoodlab shirts- https://www.allgoodlab.com/collections/all UPVOTE THIS- https://steemit.com/bitcoin/@bitcoinmeister/live-at-4pm-los-angeles-time-this-week-in-bitcoin-5-17-2019-stephan-livera-and-crew-btc-roller-coaster-gold-exchanges-china Buy Bitcoin at Coinbase here: https://www.coinbase.com/join/528aa4ec443594782100003a CryptoHWwallet affiliate link- https://www.cryptohwwallet.com?acc=a87ff679a2f3e71d9181a67b7542122c Adam's Twitter- https://twitter.com/TechBalt Adam's Minds- https://www.minds.com/BitcoinMeister Support the cause if you like what I have to say: BTC: 3HZngc6ASzt3deDm582u8xJRFAwmz7YTwG ETC: 0xb28CD007E0495b34BA6030859030322b7bE8422B Monero: 49broKTMLfFBZtzFFWptyqbuTF4rm7Pp6HZj4ReRuKQf3Z6uFjCbWgs6n4ymX5aYTsczoELGd3vYSD4XUQrjvy3S5qTsN3s LTC: LQm55H4oUCoVPiBd25A4v2jHXLtC9oo9Jg ETH: 0x0feb7bCd89C4Ea0c14FC7D94b9afBDE993034AD5 DASH: Xjcpo8Lh6NKQoV3F12pGpXUiK4XRoQyudN My latest Steemit post: https://steemit.com/bitcoin/@bitcoinmeister/live-at-4pm-los-angeles-time-this-week-in-bitcoin-5-17-2019-stephan-livera-and-crew-btc-roller-coaster-gold-exchanges-china My Steemit page: https://steemit.com/@bitcoinmeister All of my videos- https://www.youtube.com/c/BitcoinMeister All of my videos- http://disruptmeister.com/ Watch more of my Bitcoin videos here: https://www.youtube.com/playlist?list=PLLgyAakZPtCVQKl6naVHUfOiICFG8BYMp Adam Meister is available for an hour long Bitcoin/cryptocurrency consultation where he can walk you through the Trezor installation process and help you move your Bitcoins to the Trezor. He will answer all your questions in that hour. Trezor is just one Bitcoin topic that Adam can help you with, you can ask his advice on anything cryptocurrency related. From marketing and promotion to Altcoins to storage and the buy and hold philosophy. Adam's hourly rate is 0.1 Bitcoin. Feel free to email: Adam AT TrezorHelp DOT com to set up a Skype/phone consultation or to arrange an in person appearance or speaking engagement. Adam is available to speak at conferences around the world. Follow Adam on Twitter here: https://twitter.com/TechBalt Buy your Bitcoin Trezor storage device here: