Hi

Interview with Greg Foss where he talks about the Global Asset market and how he got to a $2M per coin valuation : https://youtu.be/rI6J-tEjbew

Thavash

Forgot to mention , you can get Kalle's book , "Grokking Bitcoin" , for free here : http://rosenbaum.se/book/

I guess they weren't idiots after all 

Hi guys

If any of you are interested in how the Bitcoin network operates, here is a discussion with Kalle Rosenbaum. Kalle is the author of the book "Grokking Bitcoin".

Watch here : https://youtu.be/NIq7sHq3uA4

Thanks
Thavash

If BTC goes to $100k , you will still have more than a 300% return - so why not ?

A strategy (with some risk ) would be to buy Ethereum ( or any altcoin , but Etheruem is safer ) and when the ETH/BTC ratio improves , you trade for Bitcoin.

This way you get more BTC for your dollar.

The risks - ETH never goes up in value , or maybe it does but BTC outpaces it , meaning the ETH/BTC ratio doesn't improve significantly.

Lets say you buy ETH at $600 , and if the ETH/BTC ratio goes to 0.1 , you trade for Bitcoin , then the effective BTC price that you paid is about $6000

Watch this video for full information , but just a thought : https://youtu.be/Phutr1ulrYs

Hi all

As promised, I have made an updated video with stats from the last 12 months. https://youtu.be/Phutr1ulrYs

There are some very interesting facts there :
1) Ethereum was, dollar wise, still the best investment of the year
2) Even if you bought BTC in Jan , for the same dollar spend Ethereum would have given you a higher dollar value today
3) The big one , the ETH/BTC strategy is proven to bring BTC profit and opportunity to get BTC cheaper  ( as long as it is at a cycle low , and could move higher ) - for example , if you buy ETH today at $600, and if the pair goes back to ONLY 0.04 ( which it touched this year ) , then use my equation to work out the effective bitcoin price if you then trade back into bitcoin

ETH Price at purchase / ETH-BTH pair value = Effective Bitcoin price

600/0.04 = $15k Bitcoin.

If the ratio can touch 0.075 next year ( lets say on good news coming from Ethereum 2.0 ) then :

600/0.075 = $13,333 Bitcoin (effective price )

Watch the video for full details

While many are happy about the recent price increases , the battle is only beginning. The next year could be the most difficult in Bitcoins history as the governments of the world finally realize that they have a huge competitor.

I believe that the real fight only starts now :

1) The German finance minister recently came out with strong statements against Bitcoin
2) The fight for the global reserve currency has led to wars in the past - did we think that we'd win it that easily ? What else do governments have planned ?

I have a detailed analysis here - https://youtu.be/FMQyQ1na63U

I would say
1) Avoid the free VPNs , I dont trust them
2) The paid VPNs - we don't know if they are even 100% safe but many people use them anyway
3) Always use 2FA on your accounts

I've said it before , all your "mistakes" from the previous years , this bullrun will be an opportunity to correct them

OP here - so many of you seem to be unhappy that I used the word "scam". Here's why I am so skeptical.....

1) Right now , we all agree that the way that they've implemented this is not ideal. However many are optimistic that PayPals implementation will change to allow withdrawals. If and when that happens, I will be happy to say that I was wrong, but I'm waiting for that to happen.

2) Remember, Bitcoin was ignored and mocked for so long, but with the attention that its now receiving , those that stand to lose from it will start increasing their attacks on it. PayPals traditional business stands to be impacted in a big way by crypto including Bitcoin. If PayPal is smart , it will embrace Bitcoin which could be very good for them.

3) If Paypal / other institutions and governments start attacking Bitcoin after this recent resurgence, one way they'll do it is to convince users that they're using Bitcoin ( therefore riding the buzz ) while not actually giving them Bitcoin. This would both create fraction reserve inflation and slowly make the actual blockchain irrelevant , while the uninformed masses think they're getting in on the Bitcoin action.

4) If nothing changes, all PayPals "bitcoin" is,  is a number in their database, with absolutely nothing to do with Bitcoin or the blockchain itself ( as I've said in the video , where it's easier to explain than typing out all this ).

5) IF PayPals intentions are good, they implement the changes that we all want including withdrawals , then it would prove that they're NOT attacking Bitcoin , but embracing it. More importantly , Paypals Bitcoin platform could become the ULTIMATE LIGHTNING NETWORK , helping Bitcoin payments scale , but with the options to still withdraw and own your coins ( with that final transaction being recorded on the blockchain ).

Lets see what happens next......

If they allow you to pay another merchant eventually, then I stand to be correct - that would be a good thing ( I'm assuming that there will be some sort of settlement between the two parties in Bitcoin ). This could then actually be a way of scaling Bitcoin and could be good for Bitcoin overall. But I would still like to see the option to withdraw.

After researching it , I think the while "buy Bitcoin on PayPal" is a scam at best , and could be something more sinister at worst. Basically , you cannot withdraw the crypto , which for me means that it isn't crypto at all. But after doing research , I found that you cannot EVEN PAY another person with it - you're simply buying a token that is linked to the Bitcoin price - what is the value of this ?

I believe that this could be an attack on Bitcoin - I discuss this in detail here : https://youtu.be/bApVhoTemGw

To recap :
- You cannot withdraw your Bitcoin
- You cannot Pay anyone ( ironic ) , so it can't even go to another PayPal account
- You dont own the keys

I basically cover all the reasons ETH has price upside ( eg. ETH 2.0 , enterprise adoption etc ) and then show a strategy around how investing a potion into ETH FOR THE PURPOSE of trading up when the ratio goes higher will mean effectively getting more Bitcoin for your current investment dollars. This may seem obvious to you and I but many people don't get it so I made the series of videos.

Iran has just approved Bitcoin for their global trade. This is massive news that isn't getting as much publicity as it should ( perhaps because its Iran ). What people don't realize - you need partners to trade with accepting your common currency - so a bunch of countries out there HAVE APPROVED receiving Bitcoin FROM Iran AS WELL. This is massive - refer to this - https://youtu.be/7BxFFUysqGw

I think that this is a good trading strategy , with some risk , but less risky than other pairs , as we know that ETH will rise once ETH 2.0 launches soon. I've put all my thoughts here: https://youtu.be/VOWFFf3-oxc

Something interesting is happening. The IMF called on Friday for a "new Bretton Woods" agreement. This could show that they are concerned about Bitcoin. I've always said that Bitcoin will become the global reserve currency. For my thoughts check out my video here : https://youtu.be/d-lWxWDoPgw

I cover in the video the history of Bretton Woods , Nixon taking the dollar off the gold standard , and my thoughts on Bitcoins role.

The second half of 2021 - beginning of 2022 will be very good for crypto - mark my words

Hi guys

I was so excited last week , those announcements were huge. Its the start of proper recognition of Bitcoin as a real store of value. For me the path is :
1) Individuals purchasing Bitcoin as a SOV ( he last 10 years )
2) Tech companies ( like SQUARE )
3) All companies ( with non Bitcoin aware CEOs - this may be done via Investment houses who offer this service to them )
4) Central banks purchasing Bitcoin to secure a countries wealth, and for Macroeconomic trade

I made a short video discussing this here : https://youtu.be/dXdcfjmYkDw

To be honest , here's what we need to get rid of for Bitcoin to truly be taken seriously by normal people and become the global currency :
1) An end to crazy influencers like you've mentioned
2) An end to scams that make the news ( further making normal people to question Bitcoin )
3) An end to the meme culture where, once again , normal people see these "moon" memes and others and just think of Bitcoin as a joke
4) An end to crypto infighting - an example is the Eth crowd and Bitcoin maxis constantly going at each other on Twitter etc - this hurts crypto in general. I'm not saying don't debate technology - thats important , but when its meme vs meme , its a joke...