On today’s episode of The Cryptoverse…
BCH War Update 1:09
Market roundup 5:20
European ETP Launch 7:59
Venezuela Adoption 10:39
New analysis tool 15:12
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It isn’t all doom and gloom, as there were still a handful of developments indicating that the crypto and blockchain industry is far from dead in the water. We're confident the floodgates will open and that blockchain will be the basis for much of what we do (even if many don't know it).
Hello, I'm Venezuelan and sincerely Ill tell you that my country is going through an extreme situation and actions by "big" stores like Traki or the government developing a coin are just one more desperate way to take advantage of people. Surely is not an example of progression or economics enlightenment. Everything that happens in Venezuela is a reaction to a crisis. As you said minimum wage changes by the hour but as your reasonable European thoughts told you, of course, is obvious that you as a citizen of a functioning country thought, that then, in that case, people should be being paid several times a day when actually they just get paid less and less every month because no matter how much the government raises salaries the inflation just burns all the money, I tell you that this kind of "innovations" are just the outcome of a rotten economy. No one should take Venezuela as an example of any kind other than what evil and ignorant people can do to a country by manipulating the economy, frightening its citizens and killing the constitution.
Silver is down 0.18% Gold is flat (up 0.01%)... yawn. Time to buy crypto, right now there is a dip, because as the stocks crash, the dollar is the initial flight to safety. Then the Fed, ECB, BOE, etc. start churning out the counterfeit pieces of toilet paper fiat... then the dollar takes a dump... where to run to then? the fake comex prices for Ag and Au? Nope. Head on over to crypto... the ultimate hedge against hyper-inflating fiat. Precious metals will be tanked to the last dying breath of the banksters. Oh, one more thing that is good news... now I can finally tell my buddy who thinks that btc is a psy-op that he is full of it... if the feds are out to push everyone into it, then why not take advantage of this crash in the stock market to drive everyone to the panopticon psy-op Bitcoin!? It will be nice to tell him where he can stick it.
Good content as always, tough markets shake out the nonsense. I actually have a twitter poll running for a week, on how many have sold/held their crypto during this bear market, interesting numbers. I decided with Omar to run the exact same poll, and compare the numbers. It's there if you want to comment/ RT it to expand the reach, and vote yourself. I think you are in the HODL category Chris lol
imo, gauging what percentage of cash to be in is a better strategy than hodling outright, just for the sake of some masochistic ideal--it's always nice to have buy orders in at low ranges, some of which never to be filled. Love your show, Chris, thank you. smashed.
if you people think that BCH crashed the market then you guys are just ignoring what is going on around crypto. just ask BAKKT and fidelity. we buy BTC at a high price but sure as hell those 2 don't. they'll do anything to crash things so they can buy cheep . and the SEC attacking the ICO'S so everyone is in panic mode.
The department store that has crypto as prices will be in a world that has AR (Augmented Reality). Customers are naturally expected to have a smartphone on them, so all the store has to do is print labels with a QR code and the crypto price. If they need translation, they bring out their phone — and no, it’s not what you think. They don’t take a QR snapshot and wait for a price. They just open their pricing app and it uses the camera and superimposes live price conversions in whatever alternative currency the store accepts. The store could provide the app with specials and coupons as a loyalty thing and pop ups when they turn certain aisles.
+Stephen Thomas well hopefully the money you invest is not money you need for living today (as is always the sound investment advice),,,,, so 1 year,,, shit 5 years is NOTHING,,,, the ups and downs are just that,,, short term noise,,, the real use cases that will emerge in Crypto will be what has and holds value.
+mark traver Thank you Mark, i was hopeing for some intelligent comment. I am not selling up, I am in it for the longhaul. The reason for my comment was that others probably feel like I do, but we have to keep going. Untill we cash out we still have it all. The only thing I wish I could get right was buying at the right time, every time I buy the dip, it dips a bit more!!
Stephen Thomas,,,, you haven't lost ANYTHING,,,, you are just valuing your assets with the wrong "currency" (one that is NOT money, aka FIAT),,,, if you looked at your wallet you would see you have the SAME AMOUNT OF TOKENS you bought (at the "high").
If you bought 10 BTC a year ago,,, you still have 10 BTC today.
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