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@crypt0 - I notice you are very bullish on Bitcoin in your last video, particularly commenting that "SegWit will bring great things".
Conversely, I have been waiting for an entry point post-August 1, because I'm expecting it to be the trigger for the overall repeat of the larger up/down cycle in crypto you noted several episodes back with this chart:
I have some grave and specific concerns about SegWit, and I think it's an absolutely horrible "upgrade". I have posted some good points on it here (note that this post is payout completed, so not trying to promote my own post here), but to TLDR it, SegWit violates the white paper and is exactly the opposite of what Satoshi expressly told us to do therein:
https://steemit.com/bitcoin/@lexiconical/seg-wit-is-a-trojan-horse-bitcoin-scaling-debate-explained
To rephrase, specifically I would love it if you could reconcile your call in episode 523 that we could be "near a 3x-4x pop" and your bullish sentiment on SegWit, with your chart above and my post above.
PS - If you think they are the two main possibilities, what do you think the relative percentage likelihoods are?
PPS - Love the videos, and is that Mario 64 music I hear during the first 10 seconds of your videos in the background?
I completely agree with the points @lexiconical brought up. There's a recent "let's talk bitcoin" episode here where AA tries to argue why segwit is an 'upgrade' but rather unconvincingly IMO.
I left quite a view comments countering his support -- the kind of things that he conveniently didn't bring up.
I can't get over the fact that Satoshi literally told us to do the exact opposite in the white paper, and yet somehow, via a well-oiled propaganda effort, even very well-informed people like @crypt0 think it is actually anything but terrible.
dont miss the cheap boat ;)
Hah, indeed, that is my concern.
I'm not even getting near Bitcoin until Oct/Nov.... Maybe I'm too bearish but there are just too many things that can go wrong, scare people away, cause confusion. The fragmentation could be deadly.
Look what segwit did to litecoin.. how can it be bad for bitcoin?
I think I'd feel pretty great about loading up at, say, $1200ish...which, with Bitcoin, could be a few days away or even potentially never.
I'm thinking. The worse case scenario for Bitcoin after Aug 1 is what happened to Etherium. It gets split. The popular one goes boom and the other one stagnates.
There is always the other alt coins. I'm converting some BTC to Litecoin , Dash and ETH
Great video, thanks!
Thanks Crypt0 for putting out such informative videos! I watch them all! Keep up the great work!
I should backcheck if you're maybe really calling the tops of the coins you mention.
And the lieferando news are big, proof of pizza goes mainstream!
Keep on posting, crypt0
Glad I got to catch this one live man! As always, I appreciate the content!
Very informative video. Lot's of things to keep in mind. I'll be watching all videos from you :)
I want to sell things on silk road in exchange for SHIT tokens
Since you have some maybe you will buy some shit from me with your shit :D
Keep pumping out the vids! Good job like always bro!
I just laughed so hard at this
I was the one that sent him the SHIT tokens xD
Everyone needs a little SHIT in their life.
Crypt0, just wanted to thank you for your daily videos!!
Keep it up!
Best,
Fefein.
How much will btc be worth by december? Is eos a good long term hold?
a jabillion
Great news about Germany! Similar to the mindset Russian's are taking to Bitcoin. Always good to watch your videos men! Keep it up
We do not chat much on here anymore - it makes me haz the sadz bro LOL.
Have a nice week dude.
Say hi to Elle for me and that hyper pooch LOL!
blood all over
Thx 4 the info and as always resteemed ;). Keep it up
Shoutout to the dark web/research chemicals :)
True it's still early, Mark Hart, who leads a hedge fund said in video that he was asking around about what percentage of hedge funds own crypto currencies and he told about 0.5%. Custody issues etc make it hard for funds to acquire crypto right now but 5% of hedge fund mangers own crypto!
Keep it up! Great video, thanks!
nice job tnx for the share
Thanks for another great episode crypt0
great nice post :)
Great good information greetings
Good post man👍🏼It's just the beginning for sure
Well.. Bitcoin is one more step closer to be adopted by mainstream.
Great broadcast as always, man! :d
Glad I got to capture one person alive! As always, I appreciate your content
and I'm very proud of.
Great work, pretty cool to see GrubHub accepting BTC. Take em down slowly, one by one :)
amazing video thanks for the news and for sharing and keep on posting ;)
Posts and videos are very interesting to follow ,, success continues for you.
I'm also late here. Great. Thanks for the video.
crypto getting up there soon the whole world will recognise us
Hey crypto, this is really useful stuff. I regularly follow your blogs; awesome @crypt0
Very Nice!
you cant listen to this guy. he is doing so little research on his topics and tells just wrong stuff alot of the time :(
well, please be specific. What was wrong in this episode specifically?
Thanks
Nice video. Regarding alphabay, why are people still using escrow where 3rd party has full control over the funds? That doesn't make any sense to me, I thought people would have learned their lesson after silk road and oasis.
For example, why not use 2-of-3 multisig where the buyer/seller can negotiate for a trusted 3rd party escrow.
Also, where's Wallace? miss him!
I agree that we are in the very early stages of participating in Cryptocurrencies. When I try to speak with people I know or meet out in the analog world most of them have no knowledge or interest at this point. But here in the digital world we've got communities of people who are so enthusiastic about this new era. Thanks so much for your input and posts!
Thanks for sharing. Very informative video. Upvoted.
New follower
@incomepal
I agree with you man, this is brand new stuff that's only beginning the BOOM. I think some hedge funds are in, but not many, it'll boom so much higher when they do
You are the one clickbait guy that knows what he is talking about. Glad to see you succeed brotha, cheers!
@harryhoudinei
Bitcoin becomes a real currency, and very expensive. I'm sorry that I did not buy a lot of bitcoin, while it was quite cheap, for 250.
Nice video and very informative. Thank you very much