Hope this answered many of the questions you guys may have had regarding Bitcoin network's future. Don't forget to follow me on my other socials for further content that you are not getting here 👉 guy.coinbureau.com/socials/
@@sn3akydna314 of course he says that. He has to protect himself. Im glad he does as I don't want him to get shut down. I need all that crypto knowledge in my life to make sure I see the 🌙
I love that you don't make "coin will 100x" pumping clickbait like most youtubers of your ilk, but instead give us in depth explanations, giving us the abilities to make our own informed decisions. I've bounced from many crypto channels now and really happy to have found yours! You seem to genuinely desire helping others with their crypto journey, not creating an elite pumping community. In it for the right reasons and I commend that.
relying on governments to save btc after the 21 millionth has been mined no matter the public pressure sounds like a verry not-crypto thing to do for me
That's a ridiculous statement, El Salvador's going to be mining for free with their volcano. There are moments where energy becomes essentially not only free but a burden. Electricity that can't go anywhere can be dangerous to the power facility, you don't want the system to overload, so that energy could be used for bitcoin.
Governments getting involved in BTC is very scary. I know it might be necessary to get to societal acceptance as currency but the moment the government gets involved, they will immediately try to regulate it to protect their own special interests.
@@Deuce7Off dude you have absolutely no idea how much electric energy we will have to produce in order to get away from fossile energy sources. The estimates are that we will need to prduce minimum 3 times more electric energy and we will have to actually store huge amounts of overproduced energy due to high fluctuations.
@@HybridHumaan Where in my statement do I talk about fossil fuels? I'm speaking about moments in market conditions where energy can become 0 cost or even go to negative cost.
Truth is nevertheless first to be Rejected. I tell people to buy simple mediclaim and basic insurance features before investing 20% in stocks and mutual funds, they wont listen. Some other broker will sell them a x rated penny stock with a dream of becoming multi millionaire in weeks, these same customers buy that. BIZZARE world !!
@@Eamo5678 ETH has been proof of work all the time. That is why people mine it. Anyone can buy a rig and mine to earn some crypto. But of proof of stake can be dominated by the rich.
I recommend anyone in need of a reliable broker to make money. Jay Pelle FX has been the one trading for me. make a lot of money weekly trading the financial markets
One thing about gold and other precious minerals that many don’t talk about when speaking on supply is the mass amounts that are in space. There are already companies with this in mind as well it just isn’t talked about very much.
I swear this is not fair. How does Guy have 300k subs, you deserve millions.. thanks a lot for the content, you literally have the most educational crypto channel out there
I started watching guy at the start of last year, just before covid hit and his channel has grown from 8 thousand to 300 thousand in a year. he is well on the way for a mill subs!
A few problems with bitcoin. 1) It keeps taking more and more processing to mine a bitcoin. 2) No one will save you if your bitcoins get stolen. 3) Governments could make independent crypto currencies illegal 4) There's a belief that the bitcoin network and encryption can't be hacked, which gets less likely as technology continues to advance.
It's strange how people talk about the profits they've been Making through trading of bitcoin while I'm here not making any profit at all please can someone put me through on the right path.
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise.I can boldly say that Forex and crypto trading is one of the profitable money exchange service that elevates investors and their financial status.
My first investment with her trading services gave me profit of over $24,000 Us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Gems are often missed until it’s too late. Luckily for me I’m seeing them early. (Myself included) One day I’ll be THAT guy from school if crypto blows up. 👌🏽🥳
@CryptoMinerKevinLovesDoge That's why invest in it now. There are a lot of factors such as the fact that computer components get more powerful as time goes on.
Yeah, but they have to take it slow because there are entire generations that are mystified by it. ....sadly, this video might be how many law makes will determine policy, because it is titled in a way that it might be very easily googled when they come across that problem.
Layer 2 seems more like another problem than a solution. Once all the bitcoin are mined, the only incentive to run the blockchain is transaction fees. So they decided to take the transactions off chain?! Makes no sense to me
Thanks for watching, Don't forget to Hit the subscription button... +¹=⁹=²=⁸=²=⁵=⁰=⁶=⁰=⁷=⁸ =W=h=a=t=s=A=P=P💬; For further discussion, questions and enlightenment !
@@orvvro bro, look at the comments on every crypto video. Thry always the same. Literally op is the same then theres a scammers response. Or theres a guy telling you in full grannatical english how he has made 34grand a week by taking advice from some broad then theres a thousand responses in full grammatical english agreeing about the same person. Creepy
The best time to invest Bitcoin /fx and cryptocurrency trading is now. Don't say to yourself that is going down because you will end up postponing for ever start now and make sure you start with a right broker.
Saying gold has utility in electronics and medicine is kinda burying the lead. If gold was cheap, it would be used in everything. I'm getting really tired of the "store of value" narrative for bitcoin. Cash and gold are proving to be massively safer than bitcoin in a bear market. Yes you can get rich trading bitcoin but stop the store of value bullshit.
I'm in the energy sector and can guarantee that green energy will dramatic increase the cost of electricity. The issue is that we need storage mechanisms and upgraded grids to support the storage and input of electricity into the grid from "green" energy supplies. The issue is that regulation is shutting down traditional energy means WAY before we have a solution for battery storage and a grid that will support the influx of solar / wind / etc. The extreme cost of maintenance on solar and wind equipment along with updates to infrastructure will result in crippling bills or taxes to pay for it all.
Anything that gets cut in half can't go to 0 so there will always be mining reward after 21m btc mined the price of btc would have to be in millions to reward miners at .25 btc reward or lower. It's almost like .5^infinti. You'll get to 0 but you never will.
My only problem is...unlike Gold which can be found naturally anywhere in the world right from africa to USA...why bitcoin can be mined only by developed countries?
Bitcoin actually can be mined anywhere, but miners are going to favor countries with strong property rights over countries with weak property rights to host their mining computers.
Had I only bought for $50 back then I'd be rich man now. Well. I bought real money instead - gold. Has risen too. Not as much but hey still more than just money in the bank.
Still don’t understand why transaction fees alone won’t be enough to sustain BTC. Because all is done in lightning? No, that’s just for micro transactions, larger transactions like buying coins from an exchange and putting it in cold storage will still be done on chain, there will be more than enough fees from transactions.
My first investment with Mrs Lisa gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
In the original paper Satoshi himself said that the block size can be increased and that #SATS could become it's own currency. Much like Pennies to the Dollar. So yes I think 1 BTC will eventually become $1 million or more... cause nobody will hold so much Bitcoin when even 10% of mass adoption happens around 2024-2025
Bitcoin will grow massively over the next few years. Same with etherium and doge themed tokens. Corona wiped out a lot of money across the US and put more money into small business than anything else and with that you seen how much crypto went up in just a year. these small business will continue to flourish, while the economy is getting shit and more shit , the wages will continue to rise thru out these next 5 years to encourage work for the lower class the economy has plummeted with corona as well, people don’t want to work, small business Don’t need to hire people... more money will be put into bigger things (Bitcoin) , less will be povershed as well if they follow the riches lead (Elon musk). Btw Tesla will also continue to rise... haters will hate though. 😘💪
my professor was just talking about how bitcoin could crash down when the limit is reached. We're on a 15 minute break from class rn and this is the first video in my recommended
During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor
It's strange how people talk about the profits they've been Making through crypto trading while I'm here not making any profit at all please can someone put me through on the right path.
@Bella James she is the best and her strategies works like magic. I've been making over 300% of my investment weekly since I started investing with her trading service.
@Delisa Newton I will also advise you try Mrs Kathy , she is legit and her profit scheme is amazing, I've never seen any of her client complain of lost
@@antonioreece4862 We need a paradigm shift in mindset to be able to think like wealthy do. Foolproof way to optimize minimum in investing. Even as the worldview is constantly shifting.
One thing to consider is that currency evolves. Denarii and Aureus are no longer accepted currency in Italy, France, and England, for example. Over time they were replaced by other coins and currency. Eventually paper money became a thing and literally thousands of currencies have been created in the last two hundred years alone. As such, I think it's inevitable that BTC will fall out of favor. It might've been the first (major) cryptocurrency, but it won't be the last. For instance, Ethereum and Ravencoin have become quite popular both to be mined and held of late. It is conceivable that they could surpass and replace BTC, sooner rather than later.
"I really don't see how the Bitcoin network could survive on transaction fees alone, and I don't think that layer 2 solutions help at all with that issue." Most important section of this video.
You won't be alive when all of it is mined considering it won't be until 2140s till the last one is mined. That is if BTC still exists imo it would be outdated and gone by then replaced by cryptocurrency that hasn't even been made yet.
If your subscriber count were a cryptocurrency, it would’ve been the best performing. You were at less than 10k subs around when COVID hit and now look where you are. Amazing job, Guy.
I like the idea of bitcoin, but for now feels like a huge pump and dump scheme. The fast growing prices due to huge whale orders from institutions seem like bad news. Without the infrastructure needed to trade btc anywhere, these institutions are going to dump btc once prices become stagnant leaving retailers to hold their losses.
I don't expect BTC to be around in twenty years. It's not useful for anything really, better cryptos already exist, and the only cryptos that will see widespread use as currency are the ones issued by governments.
@@CGoffgrid Only if ppl believe stuff like you're posting: gov't. and ETH-based crypto have no built-in limit, so there's no fundamental difference from fiat other than being further up the Fractional Reserve slippery slope of [CB] . Without #digitalscarcity there's no inherent value to crypto other than enhanced security due to blockchain.
@@HuntingTarg So? The fact is dollars, digital or otherwise, are the currency of this, and several other nations. You're never going to pay taxes with anything other than dollars.
Incorrect. Gold does not have a maximum supply. Asteroids are rich in heavy metals like gold and soon the finite supply will be for all intents and purposes infinite.
There is a lot more gold out there then there are Bitcoins. Bitcoins also can get lost when their owners can't access then anymore. For this reason alone I am not a fan of it. One of the few people on earth probably.
Satoshi never mentioned AI or the Singularity in his white paper, and because of that, I think the Singularity will mine all the remaining bitcoins within a matter a seconds after becoming self-aware. Possibly around 2050.
It is a ponzi which is accepted globally thats all it is, people are desperate for only profit nowdays and greedy The price is rising because new investors hop on the hype train So that older investors can get wealthy, simple as that.
Agi is gonna b a behemoth and its not a top 100 coin yet that people always talk about. As of posting its ranking is 2087 and it will become a top 10 coin in the future
Gold doesn't have a maximum supply. We can always dig deeper and find new reserves. Maybe in years we can mine it from space. Also companies now control the supply of gold just like diamonds. Bitcoin, well, no way to fake that
As I understand, Bitcoin is supposed to transition away from mining and into rewards for transaction verification. However, in order for that to be viable, the network will need to scale up. The problem is that this isn't happening. On the contrary, alternatives to scaling up like the lightning network has been proposed instead (which I never agreed with). In the end, I agree that Bitcoin will end up as a store of value rather than a transfer of value - just as Gold is today - while another coin will become the dominant transfer of value. The resistance against scaling and the time required to verify transactions even when the network isn't congested requires this.
My broker Mr Micheal his currently handling my crypto currency for me his making me huge profit for our client's His strategies are top notch I'm amazed I recommend him...
As soon as you said that one day the govt would help keep the operation going I knew you were crazy. Everything they touch turns to shit, even gold. And then when you said a btc burn with a serious face I rolled on the floor laughing
I love how you actually post a serious topic, not just to the moon fan fiction. All some crypto youtubers do is post "hidden altcoin gem" and pump and dump. Earned a sub^
Although I don’t understand every every thing you explain I want to thank you very much for your video’s. I jumped in crypto September 2020 but only since 4 weeks I made good profits. A good part came from you, pointing me in the right direction. Thanks a lot! No need to say but I subscribed. 😃
4:30 correction - the 21 mil limit is not built in the code but its realised through the halving. Its genius because it cant be altered. The halving never stops
Great video. Did you forgot Algo, it is pure proof of stake. I think the Bitcoin basically is technology, it will fade away in the soon future. Sorry for that, I really hope not because many people will loose, but I hope people start to understand the reality of technology, it is very replaceable.
The value has always gone up to match the cost of the mining either right away or soon after a halving too. Plus you still have transaction fees as well as with changing blockchain technologies when the mining reward isn’t as high will allow more transactions
first thing to do is to stop all form of trade and seek the help of an expert to guide you through. allot of people shy away from this thinking they could do it alone and end up blowing up their account.
Guy, your maths is wrong, there are still 30 halvings to go so even with 3yrs 9mths per halving the miners will be rewarded till 2135. So don't dump all your BTC just yet. Just do a simple Google search.
Hope this answered many of the questions you guys may have had regarding Bitcoin network's future.
Don't forget to follow me on my other socials for further content that you are not getting here 👉 guy.coinbureau.com/socials/
Hey Guy, off topic but does LiteCoin still have a place in this crypto space? Is it the SIlver to BitCoins gold?
@@sn3akydna314 of course he says that. He has to protect himself. Im glad he does as I don't want him to get shut down. I need all that crypto knowledge in my life to make sure I see the 🌙
@@derzzychartscypto25 oh, shut up. You can't even get your grammar straight. Some poor attempt to scam people. lol
@@derzzychartscypto25 nice try, lol.
Where can I buy that sweatshirt
Excellent, so that means I can finally get my new graphics card in 2070. Can’t wait.
🤣🤣🤣
🤣🤣🤣 Sad but true rn
inflation says no lol
Bro, I've been debating buying a used 2070 super for $700 on ebay for a month..
most current crypto is mined on the CPU though!
I love that you don't make "coin will 100x" pumping clickbait like most youtubers of your ilk, but instead give us in depth explanations, giving us the abilities to make our own informed decisions. I've bounced from many crypto channels now and really happy to have found yours! You seem to genuinely desire helping others with their crypto journey, not creating an elite pumping community. In it for the right reasons and I commend that.
I'm actually tired of working about stocks...it's driving me nuts these days, I think crypto investment is far better than stock..
Trading crypto has been a lucrative way of making money
Stocks are good but crypto is more profitable
relying on governments to save btc after the 21 millionth has been mined no matter the public pressure sounds like a verry not-crypto thing to do for me
That's a ridiculous statement, El Salvador's going to be mining for free with their volcano. There are moments where energy becomes essentially not only free but a burden. Electricity that can't go anywhere can be dangerous to the power facility, you don't want the system to overload, so that energy could be used for bitcoin.
Governments getting involved in BTC is very scary. I know it might be necessary to get to societal acceptance as currency but the moment the government gets involved, they will immediately try to regulate it to protect their own special interests.
@@Deuce7Off dude you have absolutely no idea how much electric energy we will have to produce in order to get away from fossile energy sources. The estimates are that we will need to prduce minimum 3 times more electric energy and we will have to actually store huge amounts of overproduced energy due to high fluctuations.
@@timpoolsbeanie2296 that will happen though
@@HybridHumaan Where in my statement do I talk about fossil fuels? I'm speaking about moments in market conditions where energy can become 0 cost or even go to negative cost.
Shock development: 5 years from now Guy changes careers and becomes a Financial Advisor.
*Can't get clients because no one believes it*
Truth is nevertheless first to be Rejected.
I tell people to buy simple mediclaim and basic insurance features before investing 20% in stocks and mutual funds, they wont listen.
Some other broker will sell them a x rated penny stock with a dream of becoming multi millionaire in weeks, these same customers buy that.
BIZZARE world !!
Guy is a paid actor FYI
@@shirkedance the human mind has issues in planning long term. If they don't see the return immediately, they start to sweat...
Maybe
Zero Hedge strap line says it all - "On a long enough timeline the survival rate for everyone drops to Zero".
Same for all currencies ever known.
@Coin Bureau cool man, great scam
@Joe Smith Just like the 'Digital Illusion' you have just utilized to send this idiotic reply. Sad.
$GOLD $PSLV
@Coin Bureau No longer available
@Coin Bureau + •1 •9 •1 •7 •5 •9 •9 •5 •5 •8 •1
Mining is not the future... This message brought to you by Proof of Stake gang.
I'm here to say the same
@Daniel st Maarten Cardano is no. 3 market cap and Eth 2.0 is proof of stake also...
ALGORAND
Mining inefficient blockchains (e.g. BTC) is not the future. But mining efficient blockchains has quite a future.
@@Eamo5678 ETH has been proof of work all the time. That is why people mine it.
Anyone can buy a rig and mine to earn some crypto.
But of proof of stake can be dominated by the rich.
IF YOU WANT TO BE SUCCESSFUL HAVE THE MINDSET OF THE RICH, SPEND LESS AND INVEST MORE. DON'T GIVE UP YOUR DREAMS.
I recommend anyone in need of a reliable broker to make money. Jay Pelle FX has been the one trading for me. make a lot of money weekly trading the financial markets
@Emmanuel Ransom You're right Sir
@Emmanuel Ransom But of a truth they are scammers but real brokers there too waiting for investors
＋⓵⓼⓪⓶⓸⓹⓹⓼⓽⓷⓻ 慰せ彙I
Mr Jay pelle FX trade is not just trade, but he is a tutor and he has made many newbies becomes real rich for themselves, I'm a clear example.
One thing about gold and other precious minerals that many don’t talk about when speaking on supply is the mass amounts that are in space. There are already companies with this in mind as well it just isn’t talked about very much.
I swear this is not fair. How does Guy have 300k subs, you deserve millions.. thanks a lot for the content, you literally have the most educational crypto channel out there
Wait till more ppl get interrest in crypto? We need to promote this Guy? 😄
My guess,in next 3 years he will reach 1.mil subs 🙋♂️👍
Wallah ur right ya habibi...
I started watching guy at the start of last year, just before covid hit and his channel has grown from 8 thousand to 300 thousand in a year. he is well on the way for a mill subs!
Very few people invest in stocks outside of their 401k/403bs, let alone into crypto.
OK. Ty
Investing in crypto now is very cool especially with the current rise in the market now
Yes you are right
Thanks for introducing me to Mrs Allen
People are scared of investing because of the high rate of scam in the business
Making them to remain poor out Of ignorance
There are scammers but there are real brokers waiting for investors out there
🌈 *I DON'T KNOW WHO NEEDS TO HEAR THIS, YOU'VE TO STOP SAVING MONEY, INVEST SOME PARTS OF IT IN CRYPTO, IF YOU REALLY WANT FINANCIAL FREEDOM.* 💯💯
I think I'm blessed if not i wouldn't have met someone who is as spectacular as expert mrs sharon Allison
Wow, amazing to see who trade with sharon Allison. I am currently on my 6th trade with her and my portfolio has increased tremendously
A few problems with bitcoin. 1) It keeps taking more and more processing to mine a bitcoin. 2) No one will save you if your bitcoins get stolen. 3) Governments could make independent crypto currencies illegal 4) There's a belief that the bitcoin network and encryption can't be hacked, which gets less likely as technology continues to advance.
It's strange how people talk about the profits they've been Making through trading of bitcoin while I'm here not making any profit at all please can someone put me through on the right path.
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise.I can boldly say that Forex and crypto trading is one of the profitable money exchange service that elevates investors and their financial status.
My first investment with her trading services gave me profit of over $24,000 Us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
A friend that I referred to her just received &17,050 profit after 10 days of investing... I became jealous.
She is Expert Sophia, she made me over$20, 000 ever since then I kept reinvesting with her.
Am glad I got recommended to her, she is the best broker. I was sceptical about her at first but after I got paid always invest over and over again
Man, your content is GOLD. Don't understand why you don't have over 1m subs.
Maybe because 90 percent of people has interest only about "wen moon" excluding facts :)
Gems are often missed until it’s too late. Luckily for me I’m seeing them early. (Myself included) One day I’ll be THAT guy from school if crypto blows up. 👌🏽🥳
He will till the end of the year
No his content is Bitcoin.
Better For us
I do not think they should EVER increase Bitcoin supply beyond 21Million, the solutions you outlined are best.
They can't up the limit. It is simply impossible
2 seconds tldr: when bitcoin runs out, transaction fees will likely increase. this video seems well edited but it is very slow my friend
and fees will drive users to other capped scarcity markets until a magnificent crash occurs, leaving it a desolate husk.
18 mins saved
this is why i look at the comments, thanks
@CryptoMinerKevinLovesDoge That's why invest in it now. There are a lot of factors such as the fact that computer components get more powerful as time goes on.
Yeah, but they have to take it slow because there are entire generations that are mystified by it.
....sadly, this video might be how many law makes will determine policy, because it is titled in a way that it might be very easily googled when they come across that problem.
"said no one ever" is a terrible argument
Layer 2 seems more like another problem than a solution. Once all the bitcoin are mined, the only incentive to run the blockchain is transaction fees. So they decided to take the transactions off chain?! Makes no sense to me
Thanks for.... . . . . the... . .comment.... . . . For. . . . ... . Guide. . . ....
Do well to correspond
+ 1..8..3..1.. 3..1..3..4..6..9..7
W_H_A_T_S_A_P
"don't ask me about that Bitcoin SV because I ain't touching that shit with a 10-foot pole" ma boy Guy completely killing it hahahahahaa
So glad I found Guy, my families lives haven’t been the same since.
Thank you for all you do for us all.
👏👏👏👏👏👏
Thanks for watching, Don't forget to Hit the subscription button...
+¹=⁹=²=⁸=²=⁵=⁰=⁶=⁰=⁷=⁸
=W=h=a=t=s=A=P=P💬;
For further discussion, questions and enlightenment !
@@admin.....96 Lol!
@@orvvro bro, look at the comments on every crypto video. Thry always the same. Literally op is the same then theres a scammers response.
Or theres a guy telling you in full grannatical english how he has made 34grand a week by taking advice from some broad then theres a thousand responses in full grammatical english agreeing about the same person. Creepy
The best time to invest Bitcoin /fx and cryptocurrency trading is now. Don't say to yourself that is going down because you will end up postponing for ever start now and make sure you start with a right broker.
@John Rashford Do you trade forex
@John Rashford Did you trade it yourself?
Wow I surprised someone mentioned Mrs Amelia Walter's here she's well known broker and lucrative broker
@John Rashford How can I reach her
@Jackson Bruno How do i link up with Expert Mrs Amelia Walter's
I hope this guy is making a ton of money from these videos, he puts so much work into every video he deserves it
Thanks for your wonderful comments
Saying gold has utility in electronics and medicine is kinda burying the lead. If gold was cheap, it would be used in everything. I'm getting really tired of the "store of value" narrative for bitcoin. Cash and gold are proving to be massively safer than bitcoin in a bear market. Yes you can get rich trading bitcoin but stop the store of value bullshit.
I was literally wondering about this today. Great video. This page is always dropping in-depth gems.
Do you want a step by step guild to get better crypto gains?
I'm in the energy sector and can guarantee that green energy will dramatic increase the cost of electricity. The issue is that we need storage mechanisms and upgraded grids to support the storage and input of electricity into the grid from "green" energy supplies. The issue is that regulation is shutting down traditional energy means WAY before we have a solution for battery storage and a grid that will support the influx of solar / wind / etc. The extreme cost of maintenance on solar and wind equipment along with updates to infrastructure will result in crippling bills or taxes to pay for it all.
World’s smartest people with one hundred years heads up?
@Coin Bureau ^SCAM ACCOUNT^
Mistaking leverage for genius is not the first time I have heard this story.
Anything that gets cut in half can't go to 0 so there will always be mining reward after 21m btc mined the price of btc would have to be in millions to reward miners at .25 btc reward or lower. It's almost like .5^infinti. You'll get to 0 but you never will.
I agree , BTC play the decimal lvls , not on whole number lvl , which is psychological game as well 🤔.
@@throxx5440 2024/25 will be glorious be ready. well finally see 100k btc
Bitcoin can be fractionalized to infinity. Just add numbers after the decimal point
Thanks for your comment
People are making huge profit through crypto.Feel free to message one of my trusted broker to make more profit on crypto
Mr. Blain *+ 1( 9 0 8 ) 2 7 4 - 0 9 6 5*
@@michaelterry1617 stfu you bot
@@michaelterry1617 get a life
@@michaelterry1617 got nun better to do eh?
"Now, don't ask me about Bitcoin SV..."
🤣🤣🤣🤣
15:19 😆
TL;DW: As long as central banks exist, no.
Bitcoin has a limit. Bitcoin can be permanently lost and it does happen. Therefore at some point the total available bitcoin will be zero.
@@kaseyboles30 The universe will also succumb to entropy at one point
@@johnsonnathan6649 rather large timescale difference, quadrillions to one or more.
Bitcoin investment is the future 👌
I have been making losses.. Any advice on this??
Wow I'm just shock someone mentioned and recommended Expert Mrs Sofia I thought I'm the only trading with her
@@liwei4878 You don't need to be shock because I'm also a huge beneficiary of expert Mrs
Sofia
@@lucasalexander5578 I just made my first withdrawal today trading with Expert mrs Sofia
@@lucasalexander5578 Indeed she's an expert😊
It will never actually reach zero, it will halve into small amounts or satoshis.. for example 0.25 then 0.15 the 0.0075 then .00375 and so on..
x/2^n lim of 0, you are correct :D
My only problem is...unlike Gold which can be found naturally anywhere in the world right from africa to USA...why bitcoin can be mined only by developed countries?
Bitcoin actually can be mined anywhere, but miners are going to favor countries with strong property rights over countries with weak property rights to host their mining computers.
i ain't touchin' that shit with a 10 ft pole!! lol had me rolling.
sameee
Had I only bought for $50 back then I'd be rich man now. Well. I bought real money instead - gold. Has risen too. Not as much but hey still more than just money in the bank.
Good info! not cramped with info, clear voice, not adhd hypetrain machinist like some ytubers. ! subbed ;)
This question has been rattling around my head for some time. So glad you have covered this. Great content as always cheers
Same!
Still don’t understand why transaction fees alone won’t be enough to sustain BTC. Because all is done in lightning? No, that’s just for micro transactions, larger transactions like buying coins from an exchange and putting it in cold storage will still be done on chain, there will be more than enough fees from transactions.
He definitely predicted El Salvador.
Cool but ETH is not even scalable and adding more BTC makes it lose one of its major selling points, so sounds like it's going tits up
Mrs Lisa is legit and her method works like magic I keep on earning every single week with her new strategy
Wow I' m just shock someone mentioned expert Mrs Lisa I thought I' m the only one trading with her
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Lisa
I think that she is best broker I ever seen
My first investment with Mrs Lisa gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Thanks for introducing me to Mrs Lisa
In the original paper Satoshi himself said that the block size can be increased and that #SATS could become it's own currency. Much like Pennies to the Dollar. So yes I think 1 BTC will eventually become $1 million or more... cause nobody will hold so much Bitcoin when even 10% of mass adoption happens around 2024-2025
i agree
Bitcoin will grow massively over the next few years. Same with etherium and doge themed tokens. Corona wiped out a lot of money across the US and put more money into small business than anything else and with that you seen how much crypto went up in just a year. these small business will continue to flourish, while the economy is getting shit and more shit , the wages will continue to rise thru out these next 5 years to encourage work for the lower class the economy has plummeted with corona as well, people don’t want to work, small business Don’t need to hire people... more money will be put into bigger things (Bitcoin) , less will be povershed as well if they follow the riches lead (Elon musk). Btw Tesla will also continue to rise... haters will hate though. 😘💪
my professor was just talking about how bitcoin could crash down when the limit is reached. We're on a 15 minute break from class rn and this is the first video in my recommended
📌📌+1 8 1 7 6 7 7 0 0 9.3
If you keep cutting something in half you never get to zero..... so you can never mine the full 21 mil
*+1 8 3 2 4 2 0 0 4 8 7*...
During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor
It's strange how people talk about the profits they've been Making through crypto trading while I'm here not making any profit at all please can someone put me through on the right path.
you need an expert broker and account manager to make good profit from Bitcoin trade
@Delisa Newton I highly recommend Mrs Kathy Laurence she is my current trader and her strategies are working
@Bella James she is the best and her strategies works like magic. I've been making over 300% of my investment weekly since I started investing with her trading service.
@Delisa Newton I will also advise you try Mrs Kathy , she is legit and her profit scheme is amazing, I've never seen any of her client complain of lost
This is the perfect time to invest in Bitcoin because of the rise in Bitcoin.
I recently got into trading and I'm already marveling over the profit I'm making am like, how the hell have I been sleeping on this
How did you start pal
@@antonioreece4862 is not that simple as it seems but you need to understand the basics of trading and holding for a start
@@antonioreece4862 We need a paradigm shift in mindset to be able to think like wealthy do. Foolproof way to optimize minimum in investing. Even as the worldview is constantly shifting.
I will partially agree with your assertion!
Investment isn't that easy the way you guys see it
The maximum supply of gold is a lie. Look into space and quit thinking about earth alone.
One thing to consider is that currency evolves. Denarii and Aureus are no longer accepted currency in Italy, France, and England, for example. Over time they were replaced by other coins and currency. Eventually paper money became a thing and literally thousands of currencies have been created in the last two hundred years alone.
As such, I think it's inevitable that BTC will fall out of favor. It might've been the first (major) cryptocurrency, but it won't be the last. For instance, Ethereum and Ravencoin have become quite popular both to be mined and held of late. It is conceivable that they could surpass and replace BTC, sooner rather than later.
"I really don't see how the Bitcoin network could survive on transaction fees alone, and I don't think that layer 2 solutions help at all with that issue." Most important section of this video.
Oh shit, once it runs out, the price will skyrocket. Thanks for reminding me to buy bitcoin
You won't be alive when all of it is mined considering it won't be until 2140s till the last one is mined. That is if BTC still exists imo it would be outdated and gone by then replaced by cryptocurrency that hasn't even been made yet.
@@RuiRuichi you didn't see the video, did you
@@akoursoumis 2078/ 3 years and 9 months btc halving? :)
Yes.go buy as many as possible right now ! 😂
@@RuiRuichi xrp will replace it mark my word
Talk to us more about ADA, its music to my ears
ADA is the master race
hell yeah! i wanna be able to say i was on there on the launchpad when ADA went to the moon
been with ada since the first bubble in 2017-18, so excited to see its growth here into the future!
@@soccerfp and vgx
Holding 259k
Even if just the west used bitcoin payment rails there’d be enough transaction fees to secure the network.
If your subscriber count were a cryptocurrency, it would’ve been the best performing. You were at less than 10k subs around when COVID hit and now look where you are. Amazing job, Guy.
INVESTING IN CRYPTO NOW IS VERY COOL EXPECIALLY WITH THE CURRENT RISE IN THE MARKET, ACT NOW.
Conversation like this will help beginner not to make mistakes investing with a wrong broker,
It's fascinating knowing that someone here employed expert Mr mark Donald service,
I invested £5000 and he got my financial status blown to £31,700 within a week ,
Mr Donald has really made name for him self,
Anyone he handles his or her trade must be very lucky.
"Bitcoin SV...an't touching that shit with a 10ft pole"...LOL Hahahaha
care for bitcoin investment tips for good returns?
I like the idea of bitcoin, but for now feels like a huge pump and dump scheme. The fast growing prices due to huge whale orders from institutions seem like bad news. Without the infrastructure needed to trade btc anywhere, these institutions are going to dump btc once prices become stagnant leaving retailers to hold their losses.
Thats why u set a limit price and sell then. Dont be greedy.
I don't expect BTC to be around in twenty years. It's not useful for anything really, better cryptos already exist, and the only cryptos that will see widespread use as currency are the ones issued by governments.
@@CGoffgrid
Only if ppl believe stuff like you're posting: gov't. and ETH-based crypto have no built-in limit, so there's no fundamental difference from fiat other than being further up the Fractional Reserve slippery slope of [CB] . Without #digitalscarcity there's no inherent value to crypto other than enhanced security due to blockchain.
@@HuntingTarg So? The fact is dollars, digital or otherwise, are the currency of this, and several other nations. You're never going to pay taxes with anything other than dollars.
@@CGoffgrid layer two and three can be build on in the future, as far as i know
Incorrect. Gold does not have a maximum supply. Asteroids are rich in heavy metals like gold and soon the finite supply will be for all intents and purposes infinite.
*+1 8 3 2 4 2 0 0 4 8 7*...
There is a lot more gold out there then there are Bitcoins. Bitcoins also can get lost when their owners can't access then anymore. For this reason alone I am not a fan of it. One of the few people on earth probably.
Is that a good thought to miss out on possible high gains?
You are right but it's working for asset growth the moment bud 👍
You’re the man! Here’s my comment for the Algo!
Thanks for your comment, if any difficulty feel free to contact me, thank you
+ 1 .8. 0. 4 .5 .5 .6 .1 .0 .7 .2
Here's my comment for the algo! Pump it youtube!
"I'm not a financial adviser", but I am Cain Dingle from Emmerdale. Anyone else see it? Great content mate.
Omg it's him!
Lmao epic
care for bitcoin investment tips for good returns?
Cleaner, better looking version of Cain...but yes they do look alike
Sombody did a test. They split twins up at birth. One went to the dingles, the other to the braithwaites. This is the result of that experiment. 😂
I still insist, you are the best of best. Thank you for this powerful sharing. Keep up your good job. 👍👍👍👏👏
Mate this channel should be played in schools.. top notch content and presentation
Satoshi never mentioned AI or the Singularity in his white paper, and because of that, I think the Singularity will mine all the remaining bitcoins within a matter a seconds after becoming self-aware. Possibly around 2050.
Anyone else get mesmerized when there are 2 Guys on screen moving around at the same time?😆
Are you interested in getting info for better crypto gains?
Wow I was literally just looking for this information
Me too!
@Coin Bureau I love the scammers.
"Ain't touching that shit with a ten foot pole!"
Amen
Amen indeed
Enjoy staying poor........................
@@bitcoingrandad722 I’m doing just fine without it.
@Coin Bureau scam
It is a ponzi which is accepted globally thats all it is, people are desperate for only profit nowdays and greedy
The price is rising because new investors hop on the hype train
So that older investors can get wealthy, simple as that.
Agi is gonna b a behemoth and its not a top 100 coin yet that people always talk about. As of posting its ranking is 2087 and it will become a top 10 coin in the future
So the only way bitcoin will sirvive in the long term are hypothetical scenarios? I heard way to many ifs in this vid lad.
Crazy timing this video. I was only thinking of this question yesterday. Cheers fella!
"To earn interest on your bitcoin, you need another platform. I think the platform that bitcoin becomes dependent on is going to have a huge advantage
Always great to see you. I'm glad you sacrifice your social life for us hahaha keep the good work.
It’s a trade
That depends on a number you cannot predict. How much will 1 mBTC be worth in 2078? You might be able to build a small community with that much coin.
Mr. Blain *+ 1( 9 0 8 ) 2 7 4 - 0 9 6 5*
Gold doesn't have a maximum supply. We can always dig deeper and find new reserves. Maybe in years we can mine it from space. Also companies now control the supply of gold just like diamonds. Bitcoin, well, no way to fake that
you are underrated !! I really like the hard work you put in, to provide us with awesome info. Thank you!
📌📌+1 8 1 7 6 7 7 0 0 9.3
0:54 the answer is yes... -_- the value is in the mining. If you lose mining, you lose the value.
Why do you think that? So do you believe the same for gold? Once we’ve found all the gold on earth the value will plummet? I’m curious
@@richardevans8908 1. No because it has physical real world value.
Then e-gold.
Are you talking about elrond
@@anirbanchakraborty8710 yes.
Kinesis money
@Coin Bureau scam everyone!
I know this will piss many people off but I just wish all these crypto bs would fuck off so the graphic cards get available again, at normal price.
Yup you called it. Whole countries are adopting it!
Numbers can be halved infinitely. The miners can still come to consensus to add more decimals(satoshis)to the code.
Miners don't control the rules of the bitcoin network.
As I understand, Bitcoin is supposed to transition away from mining and into rewards for transaction verification. However, in order for that to be viable, the network will need to scale up. The problem is that this isn't happening. On the contrary, alternatives to scaling up like the lightning network has been proposed instead (which I never agreed with). In the end, I agree that Bitcoin will end up as a store of value rather than a transfer of value - just as Gold is today - while another coin will become the dominant transfer of value. The resistance against scaling and the time required to verify transactions even when the network isn't congested requires this.
My broker Mr Micheal his currently handling my crypto currency for me his making me huge profit for our client's
His strategies are top notch I'm amazed
I recommend him...
Plus 1
As soon as you said that one day the govt would help keep the operation going I knew you were crazy. Everything they touch turns to shit, even gold. And then when you said a btc burn with a serious face I rolled on the floor laughing
Limited supply is a myth because it increases through forking. The code can also be modified to increase the cap.
I love how you actually post a serious topic, not just to the moon fan fiction. All some crypto youtubers do is post "hidden altcoin gem" and pump and dump. Earned a sub^
Cant trust an optemist that talks to you with that calming bed time story tone
'Everything is fine, continue buying'
I really appreciate how you put this video together! Thank you!
Are you interested in getting info for better crypto gains?
Although I don’t understand every every thing you explain I want to thank you very much for your video’s. I jumped in crypto September 2020 but only since 4 weeks I made good profits. A good part came from you, pointing me in the right direction.
Thanks a lot!
No need to say but I subscribed. 😃
@@jonathannowak8688 Spambot..get lost
Lekker bezig
4:30 correction - the 21 mil limit is not built in the code but its realised through the halving. Its genius because it cant be altered. The halving never stops
theoretically the halving goes on an on and on, practically will reach a point cant half no more.
Great video. Did you forgot Algo, it is pure proof of stake.
I think the Bitcoin basically is technology, it will fade away in the soon future. Sorry for that, I really hope not because many people will loose, but I hope people start to understand the reality of technology, it is very replaceable.
It can be fractionalized to infinity. Just add numbers after the decimal point
Exactly. Block reward will never be zero
The value has always gone up to match the cost of the mining either right away or soon after a halving too. Plus you still have transaction fees as well as with changing blockchain technologies when the mining reward isn’t as high will allow more transactions
Ye but if no one is mining then no transactions will get verified
@@johnbradshawe1263 why would people stop mining it? Miners still get paid for verifying transactions
@@Shortymack420 that is proof of stake btc is proof of work
Hey! Nice video 👍. I’m actually looking for the best way to start investment and make good profit in it,can someone tell me how to go about it?
first thing to do is to stop all form of trade and seek the help of an expert to guide you through. allot of people shy away from this thinking they could do it alone and end up blowing up their account.
the success behind my profit earning in bitcoin Investment is not solely on my skills but by help of Investing with an expert.
trading has left me no choice than to keep Investing. Francheska Wilson Services to the world👍👍 it makes so much profit for me.
interesting to see someone here speak of Francheska’s service.
+
Love this guy contents! He could easily be a great teacher
Over the last 10 years electricity has risen more than 15%. So the price to mine btc will go up in the future not down based on historical data.
If all the big ASIC miners started to shut down because it got to expensive, I'm sure there'll be plenty who'll fire up their GPUs again.
So... buy Bitcoin Cash instead of Bitcoin, since Bitcoin will be all gone and the network shut down soon?
Guy, you give the best education and I appreciate the time and knowledge that you put into your videos! Thank you!
Damn, great answer to a question I hadn't formulated for myself yet. Love how Guy predicted El Salvador
it will never be out of supply. Price just increase as the supply gets mined
Guy, your maths is wrong, there are still 30 halvings to go so even with 3yrs 9mths per halving the miners will be rewarded till 2135.
So don't dump all your BTC just yet. Just do a simple Google search.