WHAT IS BITCOIN? CRYPTOCURRENCY EXPLAINED
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- Опубликовано: 2 янв 2021
- In this clip we discussed Bitcoin and cryptocurrency. We covered the fundamentals and import aspects to know. #bitcoin #cryptocurrency #blockchain
Link to Full Episode: • Everything you need to...
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Whether you choose trading or hoarding with digital currencies it still is profitable either ways just do it right, avoid soothsayers.There are a lot of trusted fiduciaries available to put you though one of such is Michelle Howard
Truly said, but I believe most people see it as a ponzi scheme of some sort....Most without proper knowledge of it. With such mindset a lot fail to take advantage of the situation and make money, I mean
that's how the rich keeps soaring.
I just started investing in bitcoins.
How do I get in Touch with your broker?
How do I follow up or reach her ?
How can I get through to Ms Michelle Howard? ,
@michelle_Trades
Crypto investment holds several benefits and detriments so it's advisable for investors to be cautious with decisions.
You should understand the basis of crypto currency investments and do research to acquire profitable trading results, that's why I let an expertise Ms Gabriella West handle my trading account.
It's really amazing to see someone else who has been in touch with Ms Gabriella West. She coached me on how to invest safely in cryptocurrency. I started in bitcoin mid November 2019 with the help of a well-known professional broker, Ms Gabriella West and the profits entirely funded my recent duplex
True, most time you need to recognize the existence of a speculative factor and that is the duty of an expert to guide you on the right profitable stock to buy or invest in.
How do I reach Ms Gabriella West?
I let an expertise handle my trades so I can earn while I learn. Ms Gabriella West's strategies has helped me against losses and sustained me financially with constant profit
Though I'm looking forward to working with an expert so, how profitable are her strategies and how do one get in touch with her?
What a great enlightenement
Trading bitcoin is a good investment one can think of .
How much does 1 btc cost in dollars?
And how much can I start with ?
Money has gone very digital, only the smart ones escape poverty.
Love from frankfurt germany .
Personally I got a profit of euro 24000 in 7days .
His last week trade was boom, who experienced it here .?
I did it was a boom
A wealth of information, school is never out, my family has truly benefited from your channel. Blessings
Ya'll keep educating! Thank you!
Shoutout to Saint Nipsey Hussle👑🏁 He was one of the very first people I ever heard of investing in crypto.
@Earn Your Leisure SCAM!
Ya'll are such dudes. I love that about ya'll. I'm doing all this research because of you. Thanks for the cultural connection, I can now listen 100%.
These guys broke it down. I especially liked the part of the discussion about the taxes. That's crucial. Good talk!
Yo, this was one of the most comprehensive episodes I have watched. The way your guest broke down the workings of crypto with analogies was so useful. I’m super appreciative to ya’ll for sharing all this vital knowledge 🙏🏽🙏🏽 We gon get in 2021!
@Earn Your Leisure damn. Ya’ll the truth for real. Appreciate ya’ll brothas!
Love the chat on this...so knowledgeable omg the possibilities here
You have one of the best RUclips Channel names out there.
Bitcoin forever. It's a good thing for us that are already in the Crypto space that the media and masses don't know so much about it... gives us more time to accumulate bitcoin.
I think people should start investing in crypto if they want to earn money and secure a future of financial freedom.
Being successful is an everyday process, you can't wake up one morning and become successful without day to day effort.
I rode it up from 4400 to 19300 and what a ride it was. Recouped my initial investment in 3 days, cashed out and rode the rest of the way up on just my gains. It was amazing.
Thank You for the Knowledge ملك 👑
great video guys
Very informative thank you!
Respect and shout out to Fritz!!!!! 🙌🏾🙌🏾✊🏾
big facts Gaz...I saw the image I was like yoooooooo
Keep up the good work brothers. ✊🏿😎❤
Well said. Good job guys!
Are you interested in a crypto platform?
This was really insightful, one of the reasons why we encourage financial literacy.
A lot of people have missed out on life changing opportunities like this, just because they weren't paying attention to the growing trend.
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This was an amazing breakdown
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You guys need to get The Gentleman of Crypto on this show. They will give a different viewpoint and more detailed information on crypto. 100
True👍🏿
Yup
#Facts
It’s called crypto, so no one can really give a full explanation😂😂
@@JC_inc 🤦🏾♂️
Thx for this gem
I've learn't a lot here, thank you for the good content. I'm also learning to make earnings from the trading markets.
I'm getting to understand the market properly, working closely with Tyler davies Trading I can see how broad and profitable trading the market can be. I'm most pleased to be under his mentorship
@@elciobarcelos5616 I've seen so many good reviews about trade_with__tyler on instagram. Are you talking about that same guy?
yes, His markets strategies also trade EUR/USD is quite impressive and his currency pairs are 100% beneficial. With his help i made 60pip on my trade session.
I’m a newbie in the trading market, how do you earn?
Mail him - for more guidelines
I started buying Bitcoin in 2017 and lost $20,000 and than made it back and now Bitcoin is running 🏃♀️
How'd you lose 20k? You didn't use a ledger?
@@earledney1942 lost my password 😩😩😩😩😩
I’m glad we got in early!
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a much needed video
Great data, great body of knowledge on Crypto, As if today, BTC is at 36k
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Nice
Crypto is about to be a lot more household this year
This is cool. I hope yall have DaVinci J or crypto culture on here next.
Do you know I actually made about 6.4~BTC this bullish run.
What happen to common sense is pretty good in this space... they really need him on here
@Heritage Cosa what did you bet on? I can't find richard michael... is he a youtuber?
Davinchi J lol, oh shitttt
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Just passed on dogecoin and missed out on that boom. Y’all made me more comfortable with tho so next time I’m in
This is the way...
🗣📢Big Respect To you Rashad, Troy, Trapper, & Ian❗❗❗ & Eceryone you brought on this platform❗I only found you all 2 months ago and you have already changed my life❗Im not an "Earner" yet but I'll be joining you all soon❗
Let's go
Like your reviews. man. I see you love your work
Do you plan to make a vid about PolkaCover? They are going to make a crowd sale on the 21st Jan on polkastarter and I think they will double the 5m dollars oversubscribed pre sale result. What can you say, bro?
Great video guys, I learned a lot. I have a question though: What happens when the number of BTC reaches the maximum 21M? If the decentralized system requires users in the community to dedicate their own computing power to process transactions (in exchange for BTC, if I’m not mistaken this is called mining and it’s what sustains the ability of BTC to be used in transactions?), there would no longer be incentive for users to dedicate their computing power because they’re not getting anything in return. My only thought is that those BTC Moguls that control the weight of BTC would have enough $$$ and incentive to keep it to use some of it on computing power to keep the system running. TIA for any answers!
Great question i also would love to know the answer.
I use the exchange Gemini to buy Bitcoin.
Happy New Year to all!!!!!
Good info, but please balance your 🎤! I was running my volume up and down depending upon who was talking. Not sue if it was the microphones themselves or that the guy in the middle talked that much softer, but he seemed to be the most knowledgeable, so please turn his mic up!
Ethereum to $4000 before the end of January.
ETH is where it’s at I hav 3 now...aint no telling what it’s gonna be by the end of this year but it will definitely be way up there
maybe 20,000 ETH will be number one wth the use cases
Who can i see about Ethereum?
I don’t trade I just buy an hold for long term...if you trying to do that ...i go on Coinbase
🚀
Bitconnect was a big reason for the 2017 crash the other reasons were more psychological.
So what is the best app for beginners
I’m in Vechain for while. It’s altcoin season!
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Whats your price prediction on Vechain for 2021? I invested a good amount in vet
Monero is next 📈 #Xmr
So what or who determines if Bitcoin’s total supply can be increased beyond 21 Million?
When was this recorded? It is actually being used as currency all over the world.. It's been used as currency for years. It's just not the most popular form of currency... yet
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How about neo or litecoin?
SHOUT OUT EYL SQUAD! Yo this video broke down crypto already shared. People waiting too long on the sidelines for crypto and catching it on the run up!
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Loving the information and it reenforces that for facilitating business this is good. As an investment, it's highly speculative. This sounds like high tech Tulip mania of 1637. Also, it's a currency that's treated like an investment. I can tie 50 t-shirts to form a round shape. I can play soccer with it. It'll be legit until an actual soccer ball hits the field.
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Crypto currency investments has really been so helpful. I’m a simple Fedex driver who recently started investing in Bitcoins just early this year when Bitcoin was $10k and now my 7 BTC has increased $272,000 in Dollar, Richardson Michael’s advice is really indeed awesome💯....
Get ether before it gets too expensive
Are you interested in a crypto platform?
Read the Bitcoin standard.
Yall gotta have Elijah on the show....his youtube channel is : What happened to Common Sense?...when it comes to crypto he knows his stuff....and hes from NYC
What are some reliable sources to study the money game?
Are you interested in a crypto platform?
Fiat money 💰. I’m here to learn more
How much initial investment do you recommend?
@Earn Your Leisure scam
Shout out to Fritz!
There's also a boom and bust in any industry. Only the strong will survive, and Bitcoin, Litecoin, and Ethereum may just be it. Possibly subsets of these but I don't see too many coins coming out on top, less is best for the majority.
Chain link which supports the ethereum infrastructure
1. BTC
2. ADA
3. ETH
4. DOT
5. LINK
6. VET
7. AAVE
8. SNX
9. LTC
10. BNB
How would you spread that out with $3000
@@user-tb9zs3lj3v only invest money you don’t need for at least 6 months. 60% btc, 25% eth, 15% ada. Do your own research but that’s the holy grail of crypto. IMO.
So I thought about it months ago!!!! Why do I have my money in a savings account earning 1 to 2% a year? While at the same time potentially being charged a “maintenance” fee..........WTF is a maintenance fee anyway? And only way around it is if I give a bank more money!!!! It doesn’t make sense. That’s why my savings account now is a hard wallet while holding some money on an exchange. I withdraw my gains to the hard wallet and maintain the principle.
"Aint no fun if the Government can't get none"
Is this a recent interview?
yes
But You Guys Forgot about GDax.. which was a part if Bitcoin, but with lower charge...🧐🧐🧐
Ripple was insane too.
Hey My Common-UNITY, Community we are DECENTRALIZED on the Cloud on the Block Chain! it’s Not Supposed to be Taxable that’s the whole point of decentralization!
Yerrr。
Get your mans with the suit that said it was gonna take years to get 100k🤣 it will be there before the end of the year
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It's a good educational dump, but some of the points aren't quiet right. For example Ethereum is centralized, it runs on top of Amazon Webservers which is in turn is centralized... there's a ton more. We've got other cats in our world who are experts in the fine details of the stuff, it may be good to reach out to them.
History also repeats itself, look at the history of currency in general. There was always an incubation period, and during that time, the value is being solidified. Crypto is no different. That's why it was easier to create the foundation - blockchain. Currency is supposed to move, so whatever sits on blockchain is defaulted to MOVE. That's the difference in fiat money, it has a ceiling or stopping point (which we are now discovering). Changing the mindset of people in the general public goes through an evolution, once that is complete Crypto will take the place of fiat, but with all due respect to the process of getting us there. Remember GOLD AND SILVER ARE STILL THE GODS OF VALUE.
That was true probably 5 years ago. Good luck to you tho.
This was recorded two years ago
Bomb Shizzo my Brothas
I worked with LearningCryptoSolutions to invest in Bitcoin, ETH, Link, and Litecoin. It is complicated, but Ollie hooked me up.
@Earn Your Leisure If your question is what apps does he use. Coinbase Gemini. and crypto.com. Of course you want to store coins on a personal crypto wallet such as a ledger. Some coins are not supported by ledger and you have to keep it on a given wallet.
This is penny stocks. "It has value bc ppl give it value." Like the home titles were put on the market as commodities.
what is the guest name?
Man, y'all gotta listen to 88N8 music
They could burn a number of the coins not sold and reduce the number of coin in circulation.
Are you interested in a crypto platform?
Vechain up next
Swear the most genius ideas are the simplest. Make electronic money. Even though I heard Elon musk attempted this but the government shut him down
For instance, at least 47,000 bitcoins have left Coinbase Pro in the first two days of the year, while miners have minted just over 1,700 bitcoin. Bitcoin rose from $29,800 to new record highs over $33,000 early today and was last seen changing hands near $31,600.
BE CAREFUL!
Instructive video. But I don’t think I’d leave my glass of water open like that, in the middle of two people talking over it.
Anyone have any thoughts on Monero?
@@earnyourleisure8086 Thanks It seems like something that may be good to have in these uncertain times...
Monero is truly a privacy coin. It's what a lot of ppl say cryptocurrency truly should be. Peer to peer & Untraceable in every sense. So much so, the IRS has a $625K reward for anyone who can crack it.
I haven’t finish watching but I hope you didn’t sell
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Smart people make their money work for them or rather investments. There are many investments out there I have tried quite a few of them but crypto and fx trading has been the most successful of all. As I have taken my time to advice young and old investors to try out investing in the crypto and fx market.
Vitalik Buterin is the found of Ethereum.
Vitalic buterin Charles Hopkins Jason lubin
Gavin Wood were the main team in the beginning.
Bitcoin from a technological standpoint was not designed to transact and/or scale efficiently. Bitcoin's praise comes from the powers that be that have already invested billions into it and need for it to be the most relevant digital asset but it is TOO SLOW & EXPENSIVE to transact globally. You mentioned a 5hr bitcoin transaction, I once had a 28HR transaction. XRP (RIPPLE) is the only digital asset that is solving a trillion dollar problem and has a use case. XRP's price will be based on it's use case on top of speculation price. Simple mathematics of the trillions of dollars that will eventually transact via XRP will dictate the price. XRP is going to hit 4 figures at least. I would love to have a direct convo with you guys, off camera of course because there's alot your guy doesn't seem to know.
You Guys need to Check on Abra, that's another crypto app. The problem is if you forget your password, man you loose all your money, you can't even have access to your wallet. Tha happened to me, $50 ,but still money..😨😨😨
Fellas, lets not forget about Dodecoin...
You mean Dogecoin?
Nah, let's forget about dogecoin. Stay focused
Coinbase + Atomic Wallet = Any crypto currency u want...almost any...i couldn't get Keep network token but kraken has KEEP...but kraken has people waiting...no wait no kyc with your atomic wallet
If you don’t know these things and you’re buying crypto you should be very afraid.
You all missing the point of bitcoin its not about only bitcoin its the tech behind it blockchain
They touched on that, including other coins
OK So Within wallets there are different wallets HOT & Cold Wallets We Have a Platform that’s Decentralized And We Teach How to properly utilize CRYPTO/ BITCOIN CashAp Is Not really trusted I wouldn’t use CashAP or PayPal when it comes to buying Bitcoin
how can crypto currency be cashed out?
Through the waller its stored in.
Very simple. This days you can withdraw straight to your bank account
He is incorrect about Binance taking dollars. They take several type currencies and fiat.
Their is Bitcoin atms
Are you interested in a crypto platform?
Wonder how much they made on Bitcoin so far.. if you brought in 2017 and was buying the dips if you still have it you are up up!! You only lose money when you sell!! Bitcoin not going to 0 so just hold on to it
Here's my question who has actually cashed in their crypto currency and made money from it!??
I have multiple times. Its almost a trillion dollar space.
@@sandasoru6708 Many have! Millions...
I’m gonna use bitcoin as an example once it gets less volatile when it has a higher market cap and a lot more liquidity you could borrow against your bitcoin it’s called LTV a institution holds your Bitcoin as collateral and in return you get the loan amount and pay it back when your done with the loan you get your Bitcoin back this way you don’t pay tax because your taking out debt this is the better way to do it in the future because let’s say you want to us you unrealized gains but only problem is that you don’t want to sell your bitcoin because it’s a scarce asset and the price could go higher
So many people aren’t looking to cash out now but rather in the future when it’s less volatile, and worth more so you can borrow against it same concept in real estate you can sell your house get money but you lose your property and have to pay taxes instead people refinance the extra equity and purchase another investment property you pay no taxes because you took debt and you have a second property that’s cash flowing and repeat
So have anyone heard of you have to send money money,to withdraw your money from a bitcoin company,
They follow Elliot wave theory well
Peace brothas.
I understand but this is very technical and gets complicated. How do I contact you guys and talk personally about handling my investment in this field without making the same mistakes u did? Please contact me ASAP. I am serious and have investment funds.
Thanks