19 Burst results for "B. C. H. B. S"
"bch b. s" Discussed on WIBC 93.1FM
"BCH Indianapolis assault of the federal government on Jack Kelehan. Fox News. That's what Attorney General William Barr will call continuing protests in Portland when he testifies to the House Judiciary Committee on Tuesday. According to his prepared remarks obtained by Fox News. The attorney general will tell lawmakers what's happening nightly in Portland cannot reasonably be called a protest Portland's mayor, said Wheeler demanding a meeting with acting Homeland Security Secretary Chan Wolf after refusing Wolf's invitation to me just a few weeks ago. They're also joining colleagues with an appeal to Congress. Wheeler has tweeted out a copy of a letter signed by the mayor of Chicago, Seattle Albuquerque, Washington, D. C. In Kansas City, demanding that Congress passed legislation that stops the administration from sending federal agents into their cities. Kansas Chicago in Albuquerque, are getting assistance from the FBI and others to help solve crimes. Portland, Seattle and D. C got agents to deal with protest actions like protecting federal property. The mayor's residents are exercising their First Amendment rights and call the federal use of force egregious, But they do not mention the increasing crime rates in some of these locations, nor the attempts to destroy federal property taxes. Jessica Rosen fall in a Monday night tweet President Trump says the protesters that were actually sick and deranged anarchists and agitators who would destroy American cities. Wilderness as it has begun injecting volunteers with its experimental Corona virus vaccine the final phase of its clinical testing. President Trump's, speaking at a facility in North Carolina Monday, says the U. S. Has made great progress against the virus, the mortality rate for patients over the age of 18 His 85% lower than it was in April. Think of that 85%. Dr Anthony Fauci of the White House Corona Virus Task Force tells Fox News. This is the quickest the vaccine has ever entered Phase three clinical trials. He expects the results from the tests in mid to late fall. America is listening to Fox News. From the Fox News Podcasts Network download and listen to the untold story with Martha MacCallum Dr Shelby Steele, senior fellow at the Hoover Institution, I don't think it's the smartest thing in the world for blacks to worry that much about politics. It doesn't I don't think you will find many solutions to the problems they face in the political arena..
Bitcoin and Bitmain: What You Need to Know
"If you guys aren't familiar with Pitman Pitman is an extremely extremely large company. That's produces that pretty much had a monopoly on still do to it to a degree developing as minors so vitmain had created and patented D- a hardware process known as a sick boost and that increase the efficiency of bitcoin miners by twenty percent that means that minors owned by Vitmain Maine held a twenty percent advantage over other miners which many felt was unfair because it was a patented process now as a boost was rendered third pretty much useless with the introduction of bip one forty one which was <hes> which was the introduction of Segregated Witness Aka segue but that didn't happen happen until August first two thousand seventeen all right. That's not until <hes> bit one forty one was implemented and push live on August first two thousand nineteen or two thousand in seventeen. Excuse me now <hes> so prior to that there was a huge problem in the community about the block size debate about a sick boost and really had nothing to do with blocksize it never did it was all about mining profits. It was all about Batman. It was all about a boost so <hes> this whole debate played out as I just said about blocksize oxide but it really was about mining profits so at the time bit main and associates control about thirty percent of the hashing power and Seguin activation so so forbid one forty one to be pushed live needed a ninety five percent vote from the minors and with Bettman and associates staunchly opposed. There didn't seem to be a way to get it to move forward. We didn't see <hes> we didn't see how we were going to get segregated witness. In which was largely agreed upon was the move forward <hes> because <hes> the one forty one would allow what introduced segue and what allowed all of this would have disabled basically rendered a boost useless <hes> also introduced phase two applications or layer two applications which allows for things like lightning network in it also increased security and helped improve transaction malleability so so a bitcoin unlimited had existed inside the bitcoin community and it was a huge part of this as well <hes> bitcoin unlimited was developed I- bitcoin unlimited was bitcoin cash before bitcoin cash was bitcoin cash. <hes> bitcoin unlimited was running the bitcoin core protocol. It was bitcoin but they had their own clients. So if you guys know like a client is when you're running bitcoin core that's a client that's a wallet while it can be generated from a client or independently <hes> but there's always a client. which is you know how how how <hes> information to nodes are broadcasted cast how information from noses received et Cetera et Cetera? <hes> governs guard governs consensus in all things of this nature <hes> signing of transactions transactions <hes> so <hes> you know bitcoin unlimited had existed for a while on their own now bitcoin unlimited was always pushing for bigger blocks <hes> they were they threatened fifty one percent tax on the bitcoin network <hes> and <hes> and heart forks they wanted to move bitcoin down a different path than a majority the bitcoin developers so as I said this was bitcoin cash before bitcoin cash was bitcoin cash so segment was already accepted the idea of segue and and and the way the blocksize was was already and layer two applications was already accepted by many in the community early two thousand seventeen <hes> and it was an upgrade so so so it was an upgrade to the bitcoin protocol I A- voluntary soft for to increase the blocksize yes increased the blocksize <hes> fix transaction malleability and as I said allow layer the two applications like the lightning at work so we were at the stalemate with bitcoin unlimited you know pushing and pushing and pushing for bigger blocks and threatening chain you know a chain split and with <hes> you know with with vitmain using a boost and having that having that be a big problem so you know a lot of people thought we are at stalemate. We didn't see how we were going to get out of the situation situation and a lot of people thought that God forbid it might even bring the network down this was a huge problem huge ideological divide for those of you who are not in the Bitcoin community who do not keep up with in the depths talk about with the with what miners talk about for those of you guys who just exist on exchanges and look at price. You guys have no idea like what a big deal. This was like this <hes> ah this was huge this was huge absolutely huge and had the potential to to to fundamentally caused a huge good or negative to bitcoin on the protocol level so <hes> in a pretty brilliant stroke <hes> Shaolin Frye who is a bitcoin developer. He introduced bit one forty eight. Uh onto the get hub march two thousand seventeen now what one forty eight proposed or implemented is that it would cause nodes to reject blocks mind by minors if that minor was not signaling for Segue was not signaling that they were gonNA mind segue blocks so after August I if bit one forty eight was pushed then those refusing coming to mind segue blocks would be wasting electricity and would be out competed by those that would it was basically a ticking time bomb on and this is this is when the <hes> this is when the New York agreement it happened <hes> this was a closed-door meeting to those who are basically bitcoin unlimited sympathetic to figure out how to resolve the one forty eight power play so this is where B. Two laxer s two x concept was birth where it was agreed essentially that segue would that they would agree to implement segue only if they agreed that they would double the block size to two megabytes within six months or else they were gonna hard work right so again always with the threats <hes> so this was a counter powerplay to to bet one forty eight power play now there were a few problems with us namely that the code to do this to do the two megabyte upgrade the do the two megabit upgrade was not written and had six months to be I developed created tested and implemented conversely the original segment proposal one bit one forty one have been developed for about two years and had been rigorously Orissa stress tested this is things move slowly and bitcoin because they're good they have to be stress tested so <hes> bit main published. A blog article titled U. A. H. H F a contingency plan against AF bip one forty eight on June twenty-fourth on June fourteenth. Excuse me two thousand seventeen <hes> this hard fork plan that they actually talked about did eventually actually happen and that was that eventually became bitcoin cash but basically that blog that manifesto states that if one forty one if one forty eight was activated to protect minors who chose to mine nonstick with blocks on that they would just fork and make their own make their unchain which they did do and it was bitcoin cash so I wanNA give a big shout out to James Hilliard who is an unsung hero of two thousand seventeen. He wrote the code to make both the s two x proposal and bit one forty eight compatible via bit ninety one one so as we know the way that this played out is the one forty one was successfully implemented which was the original segue proposal the original intent of bit one one forty eight was actually not for it to be activated <hes> but it was it was meant as a power play to coerce miners who were who were colluding with Vitmain who are who are profiting from A._C.. Boost our those affiliated with them to signal support for bip one forty one which was segue on there was a power it was a power play a beautiful stroke actually to evoke change change in a productive manner and move the Bitcoin Ford from this gridlock and it worked and here we are two years later August first the second birthday of at one forty one and unfortunately the legacy of Bitcoin cash so happy day to all of my bitcoin is out there we did it. We won and technology prevailed and Bitcoin is stronger than ever and and what this really means so if that story didn't really mean anything
"bch b. s" Discussed on Breaking Bitcoin (Audio)
"Far as Bitcoin bitcoin putting in some nice bullish activity again as I said about a five I percents candle and the theory and putting it about four point one five so lagging behind about one percent not making it up nearly as high relatively as bitcoin because we are an established a bearish trend on a theory and we've already had the <hes> we've already had the baseline cross under on a theory of so we are still reeling from that in trading under that philosophy <hes> so again a lot of people got excited to go along last night price came back up to test the primary baseline and rejected immediately from it so again. What Atari explosion is telling you to take no trade minks minks is bearish below the line but it is getting closer and closer and closer to the zero line and what Atar explosion is flipping green so is flipping bullish so if we do get a nice breakout above the primary baseline there will be a long on the table for Theorem <hes> we can look at V._P._I.? We can see that volume price. Confirmation index is trending and rising up above as well. The non zero lag is above the zero line as well so it is telling us that based on recent volume the volume is there so I would be looking to take a theory. I'm long should price go go ahead and cross and closed above the primary baseline and give us the volume and volatility that we need to initiate a bullish trade but other than that <hes> other than that <hes>. There's nothing to do right now. There's nothing to do right now. <hes> the reversal baseline bounce was the trade to take <hes> if if one would've taken that trade then one would have been up if one would have taken the reversal baselines base line bounce trae the moment it'd be up about two point three zero percent. So what do I see kind of in the interim obviously be looking for those be looking for those continued short positions and only be taking the trade on the breakout above the primary Ema <hes> the above the primary baseline is how I'm looking at the chart and how I'm doing at this moment. Let's look at Bitcoin as bitcoin continues to look terrible <hes> continues to look quite terrible. We did get a cross back below the primary baseline here what Atar explosion did not allow us to take that trade in this particular situation <hes> but again <hes> did set us up for a nice trade makes signaling the short here I do have all all all signals all signal faltering turned off on makes of this current point in time or signal displays. What I mean to say you can turn it back on in the settings long and short? I just turned it off because I find that those are distracting to me personally because I wrote the Dang thing so yeah anyways <hes> F- bitcoin not not really looking not really looking can very good on earth bitcoin. Obviously price is significantly low. I if we go look at if we go look at a little bit of a longer sharp so if you look at the bitcoin on something like this an axe or the trix chart for example right we can see that we I mean we are. We are approaching. You know a new year to two thousand seventeen the last time we even touched a price like this. I'm we are touching you know we we are approaching two thousand sixteen levels of resistance so there's a lot of there's a lot of oh kind of hubbub made about that about how theory and Bitcoin is extremely undersold extremely overvalued <hes> again I I don't trade reversals. I wait for the market to prove its bullishness before I looked to take on long trips and you know again December two thousand eighteen the run up in December two thousand eighteen was a pretty good time to take it there bitcoin to the upside. <hes> there were a couple a few more micro trends there <hes> <hes> but overall <hes> this has been one of the greatest coins too short <hes> on on God's Green Earth. This has just been one of the greatest no risk coins too short <hes> pretty much since <hes> two thousand seventeen June of two thousand seventeen when an ad it's a massive massive massive bullish run beginning in December two thousand sixteen and all the way up <music> so anyways. That's a bad guys. What is the primary baseline signed so a primary baseline is going to be a line on the chart that you have to tell you whether you're bullish or bearish <hes> and if you are above your baseline then you only look to go long and if you are below lawyer based on you only look to go short and that can be whatever you want it to be? I teach people how to find their own baseline N. P. T. P. are there any options for people in the United States to use leverage trading the ones. I've found are supposedly not available in the United States. <hes> cracking cracking is available to you and currently finance but that will be an well actually no not finance because you have to have verified account so cracking cracking cracking. That's pretty much it. They offer up to five x leverage which is pretty much. All you need otherwise have to utilize V._p._N.. Wanted Access leverage exchange. Let's see your thank you so much phillip. I highly appreciate that my good friend anyways so again continue to be bearish on Bitcoin until proven wrong by the market and I haven't been for almost two years now so ah let's see her liking looking pretty good we did cross and close above the primary and the Tertiary Baseline yesterday signaled a primary signal from what Atar explosion and of course <hes> excuse me excuse me excuse me mix was already quite bullish makes did give us the long signal over here on the twenty fourth of July little bit of consolidation but now finally closing the tertiary baseline with very beautiful signal from what Atari explosion so again lycoming bitcoin actually looks quite good to me. I'm quite bullish on like when Bitcoin at this point in time and inactive position unlike when bitcoin be looking for this overhead resistance coming in around <hes> not zero or excuse me point zero one zero six eight four currently and again if we look at Q._A.. T._R. Need to fix this in the code. There's just started popping up uh-huh all right there we go. We go ahead and look at our Q._A. T._R.. Levels of course we'd be looking at something like <hes> not one. Oh three we're looking at did not want to nine. We'd be looking at not one four phil asks <hes> isn't overbought oversold really consequence in relation to liquidity Freddie versus price so to an awesome later <hes> the way that overbought oversold are calculated is going to vary area from oscillated oscillators but all all that means is that there's an upper and a lower boundary to an oscillator typically or some arbitrary level that that determines what overbought or oversold is typically the idea is that if price goes so high it is above this arbitrary level on the Saas later and therefore is overbought reversal is likely ugly and I do think that that is a prime example of something like a self fulfilling prophecy in a trading because the only reason why that would matter is if a whole lot of other other people were looking at that and thinking the exact same thing you can say that it tends to coincide pretty well with you know <hes> investors who have made quite a bit of money feeling a. and wanting to take profits in an uncertain marketplace <hes> but in reality there so there again. There's there's a verbiage. You have to understand this. There's there's there's words that have have definitions in trading and there's words that have different definitions when you apply to investment or words mean different things in different markets right so overbought oversold old in the stock market when you're dealing in the realm of intrinsic value <hes> in you know <hes> whether you're talking about commodities or whether you're talking about stock prices <hes> is in relation to the current price of this asset or commodity or stock is undervalued or overvalued. That's really what overbought or or or or oversold means means that there is there is a consensus of what the fair market price is for this asset or stock or commodity and sellers have gotten too aggressive and pushed the price below its fair market value so the dynamics of overbought oversold will happen when investors see that they see something that is oversold they see the value in the intrinsic value and what it is that has been oversold right basically seeing something that is is more valuable ravaged by sellers and they're gonNA come in and swoop it up and that vying is going to push price back to fair market value though speculators will then sell at that price potentially Julie and earn a reward for their speculative efforts and that's the kind of the invisible hand of the market. That's the dynamics of <hes> buyers and sellers keeping price asset price and fair equilibrium <hes> and very similar when something has been overbought too much it's too it's been priced too high against it's consensus fair market value and so- sellers are gonNA come in and sell the market down and and be rewarded for their efforts Tony Star good to see a man. Would you just look at change. Look at <hes> Bullseye says Justin thank you for teaching us specific indicator strategies like he did earlier with Fisher tea and such thank you very much man highly appreciate them Lt U._S._d.. Of Course O._T._C. U._S._D.. We'll look at this on coin base again. <hes> Li- coin to the dollar looks good. It doesn't look as good as lt he B._T._C. <hes>. If we look yesterday we did get the long signal and Lt U._S._D.. So as I signaled to a lot of the guys <hes> you know the trade on coined. The dollar is is valid. The trade on my coined BITCOIN IS VAL again. It doesn't mean that the trade is guaranteed but it just means that all the bullish that all the signal generation is done. We got a we got. A verified lied long signal on L._T._C._B.. Deep took the trade on L. T._C._U.. Nineteen contract and <hes> and Lt U._S._D. and U._S._D.. Look very good as well so you can take that trade wherever you like but overall. We look quite good l._d._C. U._S._D.. Does look quite good. Let's look at <hes> and again we can see the volume is confirming. The volume volume price confirmation index is confirming as well. We've got Zulema moving up as well and our regular non Zima moving up as well confirming the bullish movement in price <hes> in fact as soon as we have enough data so we can't look at this segment but we can look here and see where we last closed. We closed above zero line so that's actually quite good light. Yoga me good to see a house for Chan doing for you. Today my good friend I have not looked at uh-huh. I will be happy to put that on the request list where my good friend <hes> <hes>. Let's see here in U._S._D.. And let's go look at Bemba B._N._B.. Again putting it a little bit of bullish reversal activity behavior as well popping right back up to the primary Mary Baseline I do want to note out that I did have <hes> from the olden days. I did draw these levels of support and resistance on <hes>. Let's get rid of A._T.. A._P._R.. Here for just a moment and look.
"bch b. s" Discussed on The Trader Cobb Crypto Podcast
"Look now, we've just broken down. I want to see if we take out the annual properly tapping through it. I don't know what process doing right now, if we can get going on that then I'll say three thousand being depends on how we get there. Again, strong level can say that's the point like this. This is another thing that frustrates me about people that listen to your analysis. It's not always the price. I try to even tell people price and time, and I'm going to be one on one of them. Like, I'm one of the few traders often wrong, try traders. I don't only give you the price. I give you the time. I was looking for the. Five thousand in July, and everyone is like, where's your five thousand you said July light while I'm sticking with my five thousand is just to take longer and guess what? Because it's going to take longer. You shouldn't be happy. It is the bear markets. The last longer, you know, they'll be happy that I was wrong about time. It's actually worse because it was wrong about the time. So that's one thing. And the other thing that people don't understand it's not about being right? It's about how you got there because you can sit here right now in say three thousand should be the low, and then we should go to new highs. And then it guest three thousand and the way it gets the three thousands. You can say oh, man. I think we're going lower. And then people don't listen to the new information people have to understand that with every single second. That goes by we as traders have new information and that information, not only changes are immediate. I'll look it can change the outlook for next four years that we have an asset. So you always can only pay attention to the last thing trader said not something he even said yesterday. It's only what the last thing he said like any prosper diction of look at support and resistance levels areas on the three thousand the only really clean one that I say, I'm not suggesting we'll get there are not suggesting bounce right on just suggesting that to me on the charges, the only clear level of sea level of supportive stands out to me. And the most important thing is I tell people you have to be you don't you don't necessarily have to be prepared with your portfolio for this. You have to be mentally prepared. You have to be mentally ready for bitcoin to drop. What I tell people I will not panic until bitcoin goes below one thousand because anything for bitcoin down to one thousand is reasonable. Below one thousand is probably on reasonable. And it might be over down two thousand is reasonable impossible though. I think bitcoin is a little bit different though. I think that bitcoin can reverse from the two and a half or three thousand dollars area. I do. So my current targets are five thousand or just under because of the prior swing high three thousand because of the two hundred week moving average and the from the triangle breakdown target price of a fifty percent drop. And then it's the twenty thirteen all time high of the area between eleven hundred and thirteen hundred those are my three downs. Those are my three targets. I'm almost certain. We're gonna hit the first I'm more than fifty percent certain. We're gonna hit the second. I'm less than fifty percent. Certain right now, we're gonna hit the third. Let's see what happens if we hit the second. But if we were verse from about two thousand and star nubile market of the happiest guy in the world gives us say two sides, fundamentally long-term, I wanna see the process short term jobs. There are two different camps. The can't try to camp on focus very much on the trying to side because the investor Sizemore pass trying to require more attention on the upside if we do in around where we going it once we turn around and we start a new bull market. We're going to break than you all time highs..
"bch b. s" Discussed on The Trader Cobb Crypto Podcast
"For changing the supply of bitcoin to have more bitcoin the twenty one million because bitcoin will be more secure than your light coin illegi more private than minero like instead of having another? Four. Inferior alternative. Why wouldn't you just want more bitcoin? Yeah. And like, I don't know how to get these concepts through the people just see dollar signs of printing their own money. Well, I say the of the lotto ticket in many instances, which if you've got one maybe one day you win. But I think that's what you look at how move Losch. It was just absolutely brutal. Lot of paper. The counter of that. Now, Marcus off one thing I was market the market, Ken and Mugo market cannon. We'll go low you don't know when how why again chunk in the middle where you're going to be at. We're both agree that technical analysis, not voodoo and can certainly help. What do pretty much research companies investing? But it's for me when it comes to trying totally embarrassed. So I can block all the noise there. Speaking of which you've been publicly saying bitcoin Loa where we're going to what's your opinion on that? So I've been saying bitcoin to and I'm very specific about this number four thousand nine hundred seventy five and the reason why it's four thousand nine hundred seventy five is because. I think around August forgot what they remember is usually pretty good. But sometimes the bay gets away. Thomas. This August last. So sometime in August of twenty seventeen the price of bitcoin was rally really fast from four thousand up to five thousand and I was looking at my charts. I'm a big fan of the TD sequential system and TD sequential system was basically saying that the market was going to top not day and bitcoin was flying up to five thousand and we were doing a live show on the world. Crypto network at the time not there anymore. Have my own channel. Now, and everyone is happy. And I'm looking at my guys. My technical analysis says we're going to top like right now. Like in the next few hours, we should top at four thousand nine hundred seventy five I don't think we're going to touch five thousand three right? We went back to three correct? And I said, hey, we're about the top. And we're probably going to go back to three or thirteen hundred. I call the three thousand dollar low perfectly as well. And because I called top so perfectly. Nine four seventy five. I've always said the moment, we broke it on the way up. I was bullish again. But I've always said we have to come back and touch four nine seventy five. I'm a big fan of touching prior highs. In fact, for like.
"bch b. s" Discussed on The Trader Cobb Crypto Podcast
"They're gonna get the streudel like they were clueless. And if everyone is clueless, and I know it, and I'm not I'm not again, I barely consider myself. I'm more of a content creator. And my passion is to provide as much public information to even. Playing field instead of treating on proprietary information. There's just not my job anymore. So I texted crud. Right. And I said, hey, why don't you come on my show? Let's clue the people in on what's about to happen in four days because I knew what was going to happen. I brought them on my channel we went through it. And all the sudden everyone realized he had the hash power. And there you go, and I'm about I'm going to be doing an epic live tonight. I'm going to cover this live because people need to understand the Blockchain's. They're not easy. They're not simple. The fact that bitcoin remains on confiscated and censorship resistant and keeping its monetary policy. And you can't attack it other than spamming the blockchain year and a half ago, which you can't do anymore because the the Seguin guy and scaling. But if you have any. Blockchain bitcoin. It's totally a tackle. Even by one person. You're basically a bitcoin maximalists. Yeah. Oh, sure. Just see that as a good thing, not as a bad thing. And I'm gonna quote, my friend Giacomo Zuko from the network in Italy on world where he explained he's as bitcoin maximalist is actually. Moderate people we think that bitcoin real probably or might succeed because there's two additional extremes. The other extreme is no coin will success exist, and the other extreme of Talib utera, and Dan Larimore, and the old coin is extreme in not bitcoin is so not innovative and not important and irrelevant that my blockchain is just as good. And my argument is most people got into bitcoin. Because they didn't like the fact that the fed is printing money, and we have crazy monetary policy. But for some reason, they think that them printing their own money is somehow better like if you believe in old coins, even light coin even narrow then you believe inflation, you believe in the fed you believe that you don't need you need more than twenty one million bitcoin and bitcoin is the most secure blockchain. Why don't you push.
"bch b. s" Discussed on The Trader Cobb Crypto Podcast
"Stressing the hell out of yourself. That's the life until you are good enough to do that to sit on our beach. And by then you probably going to have something more interesting for your time with me, I love traveling the world, I love speaking of conferences. I love educating people on what I've learned and trading over the last fifteen years, and I'm making YouTube videos because I just enjoy it. Well, very similar in that regard. We've both been around for a while. I actually really enjoy the business as well. They education. Saw this stuff is really fun to travel so fairly similar what we're doing at the moment in many ways. Now one thing I want to touch on right now. Let's talk about the coin cash and the hash right? That's being you sort of spoke with Craig rut recently, and from there, I'm not sure if it was that's what kicked it off or how started, but what's going on in that space for the gist seems like a real big swinging such and such. Who's in the win and once going this? Seems to be swinging in one direction actually at the. But so here's the thing. So here's what I see in the crypto Spacey. I comes from traditional Wall Street space you do as well. And I was a little bit naive younger like ten fifteen years ago got into this whole libertarian space not that it's bad or the whole gold bug movement. And then you learn like, you learned that wait a minute gold is like the worst investment in history. It'll preserve your money, but will never make you anything. So so you go through these transitions, and it gets you into bitcoin. And then you read all of these, you know, gloom and doom IRS, and how the market's going to crash and all the wall streeters are evil, and Goldman Sachs all these people are evil, and I worked at Bear Stearns during the collapse JP Morgan and all the people I work with there were honest hardworking people day, nobody wanted to lose their job at Bear Stearns. Nobody wanted to lose their job at Leman brothers. And the average person I've ever met in on wall. She knew college educated has a family wants to keep their life. Nice doesn't want to go to prison doesn't want to be in the news. Nobody wants that stuff. And I come into the crypto space and everyone around me is a scammer and in the crypto space the average person. I mean, I gotta figure out. Okay. This this guy a high school dropout because you couldn't pass high-school. Like he's sitting here trying to build a blockchain. It's insane. So letter, they're the ones that are saying these guys are bad scams going. So what happens in no-one does any research? Right. So whenever I look at a project, and I'm like, well, this is ridiculous. And they're like you have to do your research. And then I look at it for ten to fifteen minutes. I'm like, oh my God. This is so much worse than I thought. So what happened was when I mean, I've been debating against bitcoin cash. I call it be cash to avoid confusion, but we can call it. Bitcoin cash at this point about to die anyway. And. So I didn't like it because it seemed like a centralized mess that has can't compete, but people seem to believe in it. And I'm like, oh, God, you can't use it as a store of value. You gotta like use it like Venezuelan boulevard, you've got if you've got some bitcoin cash get rid of it as soon as possible to hot potato. And it was great that they were supporting that narrative. You gotta spend spend it. I'm like, right. Exactly. That's what I'm saying. And so I knew it was a centralized mess that could come at risk of all kinds of attacks. And now that they were gonna do an upgrade and one or two people disagreed, and they were gonna go there. They didn't want that upgrade. But what people didn't do their research on is how much hash power those two people. Have I knew it. I looked at it for about ten minutes. And I'm like, oh my God. What are all these exchanges doing? They've aligned on the wrong side..
"bch b. s" Discussed on The Trader Cobb Crypto Podcast
"Got everybody walk into the try to call crypto show, today's guests needs no introduction. Vise? Thank you so much on the shy. Jonah's? My look obviously folk about you value been having a lot going on race. You're try to on a try to we both make a living from the market's doing our thing racing. Leave become short bitcoin. Not recently been calling pick for quite some time. Do you want to tell us a little bit about the purpose of why you'll of short, what do you think? Longtime was another different short. Yes. So I'm getting a lot of criticism in not actually want bearish on the price of bitcoin. I even know what day because I went back. I checked all my videos, I put YouTube videos and mentioned the price of bitcoin almost every day. I went back to the early January time, and I saw dot I started to think bearish on January tenth of this year. And probably by January twelfth of this year. I was already bam. We're in a bear market. But what people don't understand there's there's a big difference between being bearish and talking that the market is gonna go down and actually putting. A trade on. Yeah. Of course, actually putting short trade on because to put that short trade on you have to be more than fifty one percent certain that it's gonna fall you have to be more than sixty percents. Certain is gonna fall if you're an experienced trader one of the big lessons. I learned in my fifteen years of trading is over time you're supposed to trade less and less and less not more and more. Like, the fact that I only trade five to ten times a year, but they'll strays are very strategic and even though I've been bearish since the price of bitcoin was above fifteen thousand dollars. I did not see the perfect opportunity to make that short trade until the descending. Triangle on a weekly chart was coming to an end at the sixty two hundred dollar flat line, and I started taking on my short about a month ago. And looking to double down every time it comes back to sixty two hundred until it a venture broke through. Two hundred and we're just fell seven hundred bucks just nonstop. And last what six hours seven hours, you've got me at a good time. I've been calling for this. It's going to fall a thousand dollars a day. I've been saying this for months finally got it. But I mean taking the hate through the beat makes the thin IX period where. Remember, how the telecom on it all went crazy to nearly seventy seventy eight hundred roughly how did that go? As far as you shows. Go concern. I mean, did you get stopped at and reentering the mount Noel, I did not yet stopped out because I purposely did not do that trade on bit fix because I knew biff an ex is unstable because of the unstable coin which they call stable coins. So biff annex is a pretty rough exchange to us you don't want to use that because of that risk. So I would have been stopped out by stop-loss was actually set at seventy six hundred that would have been fine from tonight. The reason it was set at seventy six hundred that the prior swing high now, I prop I know bitcoin as volatile and this trade that I put on was leveraged. But it was leveraged in such a way to give me the room in case..
"bch b. s" Discussed on The Cryptoverse
"I also tweeted this out yesterday decided that they remain pulled back to seventy eight percent fifty level. So this is this is looking at good support. I'm not. I'm not suggesting any action. However, looking this price action that might be a good position under stalking from my point of view, just reginal instrument campuses a good time to take a position, low position grunted and you've got moving his pointing down, however, defend indicator here is that in my found bottom, right? It could still drop below the course because if this breaks decisively gonna fold a lot further in my view, maybe to two million coaches, but for now, looking at the price. Section four point, four mil looks like a good stopping point. Now bitcoin is today bitcoin against the dollar. You see these vertical lines, they might yet cycles Roma's nearing the potential end of this shorthand cycle bitcoin up today by about three percent book, consolidating the last seven days. As you can see, sideways moves move. The low from yesterday was fifty. Eight fifty eight. So it was almost in that fifty eight hundred level from back in July or June twenty-ninth, but looking the most resilient while while all the old coins wearing freefall bitcoin was holding so strong, it was absolutely unbelievable. A gobsmack yesterday by how strong bitcoin was as everything else was bleeding out. This look bitcoin cash next actually bitcoin cash against the bitcoin I've drawn a couple is on the I know is they're gonna clean this open rejoin what I can see this massive high kinda in the ways I have to kind of filter this out a bit. This is this is the of medium-term trendline bitcoin cash against bitcoin, which broke an about sixty July quite decisively, and then has been his over freefall since then as now established this this downtrend line and continues to full. And right now is above yesterday's low slightly. If I go right in here, put the Zemun because he right now trading just above yesterday's low. Full disclosure actually sold some bitcoin cash and conveyed it to bitcoin yesterday. And that's due to the bit main risk. The IPO situation of them go to cover that today, but I'll l. cover in a future video next. Like s Stella, Stella, excellent. BTC if we look at the broader perspective on this excellent BTC holding surprisingly well, you know, forming a big old, symmetrical triangle and you see like a flat two hundred move. Average here, which is indicative of consolidating price movement. This wide ranging volatility, but there's no trend. There's no real trying to all you know he anyway on this job. Really. There were these small rallies and dips bought in the main almost like right in the middle of that right now, if I drew a channel with horizontal support business lines would be right back in the middle of that right now. So pretty pretty strong price action given the conditions right now for Stella and still no confirmation on that Facebook rumor and them integrating Stella that to me still purely remains a rumor and saying going to do with the price action to saying that head that room, you might have had as well, but nothing substantial yet. Like final coins, take a look at ios against BTC of these enough glittering my training view too easy to find emails folding posing. That would be my broad sound by analysis today heading for fifty thousand to. She's if he continues to fall and that would take his back to Price's not seen since the sixteenth of may. And that would be a drop of about eighty percent from the all time, high fuse, the measuring tools go from Royal Pia, which is like two hundred and forty three thousand. She's all the way down to fifty thousand that would seventy nine percent drop. And that would have happened over the period of again, use a measuring till you commission time as well as percentages..
"bch b. s" Discussed on The Cryptoverse
"Dot com for or. Or year or two, because I was just thinking sooner or later cryptocurrency content creators are gonna get censored. So I best distribution content across. Even these small social networks minds only has like a million uses and he's really a pain in the boom to distribute to know the sinus, relatively small. It doesn't seem worth it in the in the short term to, you know, spend the extra time distributing it to minds our longtime the day. When you Facebook account get shoot down. He got at. That's why I was building catalog and following on mines, and even now got like a hundred follow his mines yet. I'm continuing to post on that. Now, for me, mines has exactly the same vulnerability as gab AI, and that is like we discussed the other day that could be attacked and censored at the level of their technical infrastructure. So you can always be attacked in the physical world. If you have a centralized location by contrast, and I always hop on about this, if you host the content on the steam look chain, it doesn't have that same rebuild because the content is distributed across all of the witnesses on the steam network. However, the main problem with steam has different problem is the incentive model and the rewards pool is and has always been on the gross abuse and that's been happening for some time now. So it's not Pethick by a long shot, however, steam issue period in terms of censorship resistance, right? The incentive model that's a separate. Hugh, but if minds is going for censorship resistance than centrally hosting, it is still going to have that problem. They might help themselves by having a a token value that can be moved off the platform which you can do right, like many tokens about God like twenty tokens, and you end them by having having people subscribe and having people like your content also of and that can then spend those tokens to boost content or run ads and all this. Oh a, hey, my what? Go twenty twenty mines tokens, and that you can see all the rewards pool in his as his the price, the pricing menu. One token for VO two for comment for for subscriber in full for a re tweet. If you choose someone at the platform, that's ten, just lugging in you get to, which is interesting. And then if you don't own chain transaction, only their network is ten weather. So I'm going to continue to play with this and it might run some ads. One of the problem with this is legit without if I go to the news feed, he sees his boosted. So this is someone is paid some tokens to get their content in front of people haven't subscribed to that channel. This is the problem with look. It's changes minute by minute and the length of the post is different. So Sam down here, right? Looking at my newsfeed and so on. Well, the the size of this content is going to change minute to minute. Now. Actually, they might tend off, you know, looking at it. But if I look here, let's even does that get a depending on either. So it's the size of the ads constantly changing. So a means going to push down the content and he's going to jump around in your views in the length of time. It stays that for is relatively small. Having said that this piece of content as had ten thousand us. So maybe it works l. f. to experiment with in that made my points about that. This talking about paradox which is coin bases, decentralized exchange, a reasonable. Talk about this because crypto globe, this morning posted this article, cold paradox going basis. Decentralized exchange has been dated new features support for things like by men's token in a civic h. team, which is KFC storage in USD t I talked about our decks awhile ago. It's a give a brief mention on the show. And I, I didn't really use this yet..
BCH/USD bulls back to the drawing board; billionaire Mike Novogratz is bullish that cryptocurrency market capitalization will hit $20 trillion
"To what is happening with bitcoin the most read story actually on the bloomberg as we speak cryptocurrency extending law says after south korean digital exchange coin terrell said there has been a cyber intrusion in it system bitcoin stabilizes just a little bit with the last hour coin rail said some of its digital currency appears to have been stolen by hackers but has not put a value on the left that's got more on this from asia with our cross acids reporter eric he joins us down the line that grabby on the show eric look there's been a string of negative news around crypto currencies and really looks like this was the last last strike for the market begins to aggressively we price it's outlook well certainly we've seen a bit of a downturn in prices talking to an analyst earlier this morning who had really been talking about a price range for bitcoin over the last few months but seven thousand to eleven thousand dollars and moving below seven thousand is kind of setting a new bottom here but i don't think anybody is really prepares to say this is the definitive bottom for bitcoin is.
"bch b. s" Discussed on The Cryptoverse
"If there's trades were real though someone did buy and sell a bitcoin cash for nine and a half thousand dollars in a broader sense this news has some more farreaching implications than the price in a queen base is the number one destination for people who anew to bitcoin and who want to buy some in the easiest way possible and this news it means that there's a new major on ramp from the fia currency well into bitcoin cash i'm not saying i'm pro bitcoin oprah bitcoin cash what i'm saying as i am pro choice and that's pro choice in the philosophical sense rather than in the political sense 'cause i know pro choice means something else in the political world basically i say let the market decide let the market decide which bitcoin they want but in order for pick people to choose they have to be able to make the choice so now that it's as easy to buy bitcoin's bitcoin cash we can stand back and see what choices the people make so let's move onto in secondstorey for today which is charlie lease cells all of his like going or donates it so this is a reddit post from the man himself to celli the in this red it post from just a few hours ago he said he had just sold all donated all of his light coin the major reason is done this is that he says he can then be absolutely show i never went canals can be absolutely sure that he can guide the development of the like clint project objectively he said whenever he would tweets how about like coin either the price old light kwy news with us good news bad news he would always get accused of doing so for pest will benefit right pumping or dumping the price ultimately he says it's a conflict of interest for him to hold light coin and then tweet about say since he has so much influence being their creator and oil.
"bch b. s" Discussed on The Cryptoverse
"On today's episode of the corrective ass coin based suddenly and support for bitcoin cash it trades for four minutes and then the mock closes at nine thousand five hundred dollars shali lee the creator of like coin has announced that he has sold all donated all of his like going and according to the cto of ledger their hardware while it's getting men narrow support in the first quarter of two thousand eighteen all of that in today's episode the of s to stay right there i that guy's welcome to the latest episode of the corrective s you'll regular dose of news and commentary on bitcoin cryptocurrencies and blockchain's i'm your host chris county so in the early hours of this morning in the uk coin based posted this on their blog this is on their medium blog he says buy sell send and receive bitcoin cash on queen base so this means it three things number one if you held bitcoin in your account when you going base count on the festive august two thousand seventeen you'll now have the equivalent amount of bitcoin cash in your coin base wallets so his angel gabriel queen base account should scale a pop up over lay saying the same thing second thing is you can now by bitcoin cash with a credit or debit card using coin bases instant by feature which kinsey on the screen now when you go to buy and sell there are now four persons in queen base bitcoin bitcoin cash if their room and lights going.
"bch b. s" Discussed on The Cryptoverse
"I am now games so from business point of view they just want to add value to bitcoin cash so that the coins they mine a with more plain and simple and as we saw on the clinic's website that it's coming in december it says says that in december so we gonna see by the end of the month by sounds of things yes will bitcoin better get it skates on before be going cash dots taking its market share like this right according to block divoty she's one of my new favorite stats websites in a downhill bitcoin caches is now the eighth block chain by transactional volume around seventeen thousand transactions head day and the article claims thus increasing but it wasn't wasn't able to verify that i am when you look on folk dole lol it is just a rettig i needham orbit a smoothie trend in insane to say that is increasing over time now there's to balance out the nl zia let's switch over to the fed story which had bitcoin fighting back with the lightning network so if we go to medium has a post on a medium from the lightning developers posted a few days ago shanoun the sixth all but december so this is big news coming out the bitcoin net community came out last week this is promising to keep ahead of bitcoin cash intensive adoption as actual currency so the development teams working on the lightning network they've now successfully completed the first ever lightning transactions on the main bitcoin net way the main nets that's the key difference it so we've already had it going on the hill the test net and so on but now we've got gone on the main network nominee that not only that though because there are several different implementations of the lightning network there's various development teams have been working together to make sure that the lightning network will the various different implementations work together so that all the different clients are compatible is very interesting we don't want three different lining that way try it it's because you'll you'll have to pick one does send you transaction on right we won one.
"bch b. s" Discussed on The Cryptoverse
"Let's move onto a secondstorey it via btc to launch a a new exchange based on bitcoin cash not check this this is actually interesting cessation for this i am it's no surprise here that pits bitcoincom the reporting on this right big when tacoma die height support is the big when cash is also no surprise to me that it's via btc who had doing this new exchange because they were trading bitcoin cash futures on before you know before it launched twelve falk and they were the first to put smash power behind segue to exit think it was being again the equipment that when it was around that's a relevant accessible fell by the wayside now anyway the story is that if i btc are going to create a new cryptocurrency exchange with big queen cash as the base currency instead of bitcoin rise of that basically means that bitcoin cash will be the main currency that everything else is traded against in the same way the btc is don't on most changes right now to get to the betrix resembled and click on the bitcoin markets and shows everything the trades against bitcoin and he click on the dole amok and it shows everything strides against so this new exchanges is going to do that accept that the the reserve currency the base currency that everyone be trading in and out of will be bitcoin cash rather than so the gonna call this coin ix right and the actually has a little prelaunch websi edge eggs out coin x the global digital coin exchange coming soon bch priced it says it.
"bch b. s" Discussed on The Cryptoverse
"At thous ind and they'll have a very carefully balanced in a pricing structure so if they bought a bitcoin futures contract paying a small fee for that then they reserved the right to sell at big win for a thousand dollars combed the twenty six th of january two thousand eighteen marina say that is because if we look back at the futures zia says the expiration date on his contract is the 28 the january two us when it comes due for delivery so if the price all bitcoin goes up in the meantime in between in adel receiving the thousand dollars with bitcoin and then the twenty six th of january if it goes loop in the meantime and ends me meth more than a thousand dollars say 1200 all is well then that you did they just choose not to exercise the contract by they just lose the insurance face flannel claimant on your insurance so they can has led to expire and then to sell the bitcoin of the real market for twelve hundred dollars right at and if it goes down and it goes to exercise the contract so that end lose money let's how i suppose to work because these futures are cashsettled markets del wooden actually sell the bitcoin on the open market they they would just received the two hundred dollars right so that the bitcoin would go would go down in value from a thousand to eight hundred but they will be compensated two hundred dollars in cash to compensate for that loss right so they could dense ellie big wave 100 dollars and then make up the loss with the futures contract when expired and they claimed that so the question is what happened to bitcoin an old claim prices as a result of this well if we take a quick lookie here at say coinage a big prize against the us dollar today so quite a bit yesterday was a bit erotic there was a big trading range of less several days yesterday a very wide range in deed if fell all the way to twelve thousand seven hundred thirty dollars on bit fanatics and he hit high of fifteen thousand seven hundred forty one we did get down to twelve thousand seven hundred thirty that's quite low.
"bch b. s" Discussed on The Cryptoverse
"On today's episode of the corrective vaz history is made as the cb e launches the fast ever bitcoin futures market via btc a starting a new quipped occurs exchange based on bitcoin cash and worldwide bitcoin scaling is one step closer now that the first ever a lightning network transactions have been tested on the main bitcoin network all of that on today's episode of the groups of us to stay right there hi there guys this is gonna speaking welcome to the latest episode of the crypt of s you'll regular dose of news and commentary on bitcoin cryptocurrencies and blockchain's mist of the insure their bit deny because it in the remote thing is you guys seem to like the more casual approach to all this which mrs mike klis you with my belief system because my belief is needs to be like super polished and so on but the best me by guys when i do like this random livestreamed streams where i just talk a lot of rubbish right so again you find was this this chile alibeili sit down right 'cause when i'm stood up is kind of a distress position as bows and a chemical small wooden sell us dry it so the festivities bitcoin bickering futures launched by is on a minor exchange mind you the c b a e isn't as big as the cme which is the chicago mercantile exchange as cme launches only eighteenth of december so that's the big daddy but yesterday i think it was like five pm central americans.
"bch b. s" Discussed on Dorm Room Tycoon (DRT)
"And as the manufacturing becomes more digital even in china it afflicts in a big helpless you small batches of custom orders is easy the machines the machines can be reprogrammed on the fly so that that kind of emerge later and yeah that that alibaba wasn't designed to do that but as a maker movement expanded it and other sites like it turned out to be the first place that the kickstarter generation goes too know quickly come up to speed on what's available to them in in in factories tell me tell me about manufacturing process in terms of that's with death the challenging finding the right manufacturer because i also um interviewed m jim from square and yet he was saying how he went over the china and that's where the biggest challenge was what's what's the coin mistakes people might when comfort stage the eve exposure so for that you've heard about yeah i mean you know so tsa jim who with jack dorsey square in a he went to china together little dunkel's little square a card readers made and you know on iran iraq until the story in the book but um if he worked actually with bch but he he sat down you know in iino sidebyside with the chinese engineer aura he was an engineer you know they didn't he didn't speak a common language version of the cats offer there were using was was grossly out of date and took them to like three in the clock in the morning but when he was done.
"bch b. s" Discussed on KFI AM 640
"Man killed himself or he was killed by cops a lot i wanna be students at uci ruc out he student government of you see irvine says he wants to know why more than five hundred students were revoked for the fall a letter in a petition had been sent to administrators demanding an apology reimbursement for the revoke students and a guarantee of admission for those students after they satisfactorily complete two years at a community college uci officials say admission operas were withdrawn from five hundred three people for either transcript issues or grady issues they say students can appeal those decisions and 56 have regained their admission spots university says it did not rescind offers because it over enrolled students michel crozier kfi news traffic from helpful socal honda traffic center let's go out to the seventy one of seventy one it's the seven ten and long vienna northampton trying to make that transition to the west and anyone can find a truck that had an engine fire their fire department is unseen and they are blocking the right lane says it's going to be a slow connection for you they're not at not a whole lot of us throwing behind it fascinating though t ten west at farag's added accident here that has cleared from traffic lanes that if the tough ride coming away the the 605 thank you out with them into her freeway jeff thought kfi scott just to prove its at all gloomanddoom out here put the white cowboy had octopus cooked reports of these free went out coming out of a gory hills into the san fernando valley posted way over to the 405 kissel seoul of fast for seat of real as better all the west bank drought slow release moving towards cavallo if you go up it's a fact katty gonna bch pretty good shape will so for front what and bch what we could see of italy through tobago off to a pretty good friday's start i'm geoff voller kfi this guy on the roadways you can always call us we're always open the wrath seventy time traffic line eight eight eight five hundred five.