Crypto Crash or Healthy Pullback? Jeff Berwick on Rogue Money

in #dtube7 years ago


Jeff is interviewed by the Guerrilla Economist for Rogue Money Radio, topics include: how Jeff became an anarchist, government is the problem not the answer, Ron Paul to speak at Anarchapulco 2018!, the epic rise of crypto currencies this year, the current much needed market correction, TDV predicted this correction, Wall St involvement, the new anarcho-geek rich and their growing influence, starting a decentralized venture outside of government jurisdiction, decentralizing everything, a new system that makes the old systems obsolete, a real free market, the old system can't see whats coming, crypto has barely gotten started yet, major capital inflow still to take off, transaction fees and block sizes with Bitcoin, slow segwit implementation, the rise of communism, attempts to stop ICO's

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Ain't no crash over the last month from what I see. Just the usually crypto volatility :D

hanks very good post !!!!

Awesome Work!

Keep it up!!!

@cryptoinvestinfo

your CryptoInvestmentExpert

I do believe that 90% of the cryptomarket is driven bij Bitcoin investors with no knowledge at all. They are only in for the money. The fact that the costs of Bitcoin go up is defiantly not a good thing. If bitcoin goes down this also impacts the miners. The Bitcoin needs to grow in price in order for the miners to stay in and to keep it profitable.

agree 100%

agreed

I think you're right. This is going to be messy for a bit, this idea is based on volatility because the status quo is so screwed up we needed to create and support something that will send a message and hold accountable those who need to quit screwing up financial markets. Right on #btcmillionaire

I think it was a correction more than anything. The price surged extremely high in a very short time and then people sold to cash out dropping the price. Not a big deal. I do hope to see altcoins decouple themselves from the price of BTC soon though. Right now all the altcoins follow BTC for the most part.

The pullback is HEALTHY.
The issue with transaction fees and transaction backlogs is NOT HEALTHY.

Buy more now, it's going to sky rocket!

Well, I am not buying, but mining...

I agree and comfirm it with you,i put my 100% guatantee on the great platform.

How Sir, do you know?

Because Satoshi Nakamoto is actually the CIA, wait no NSA, or maybe it was the lluminati. Regardless, BUY BUY BUY!

I agree, the only question is when and at what price. I do follow your sentiment though there is so much upside with very few people getting their feet wet in platforms like this or crypto investing.

get it in the dips , look for the floor..

Merry Christmas!
I am off with Danny from DASH and friends today to the orphanage( Hogar Infantil Marsh in Acapulco) 70 kids to feed, bring a new tv, fix a couple of computers and the trampoline.

steemit-have a good day-kitten.gif

Hey ,
Thanks for the great content

No doubt It is a healthy pullback... If you trust the platform and the technology behind it, this drop should not make any difference.

Yes. We are already seen a lot of green numbers today. It was a good changed for most of us i think. Although unfortunate for those that panic sell everything. lol

I think this is temporary,until the new year the exchange rate of bitcoin will rise.;)

I agree. I am expecting to see huge percentage gains starting January 2018.

My opinion is that cryptocurrencies until January will return to normal,and from January will increase.

Interesting, I feel exactly the same. I saw some stuff and posted it the short term trends from the bullish crowd are VERY BULLISH. I guess we'll have to see that's the fun in it.

I do agree with you. I believe it's a healthy pullback. The price will bounce back soon enough. If their projection is correct, it might start to rise next week. What I want to see though if it will really go as low as 11k

right now it looks like the bottom base is around 8k. we all should wish for a lower bottom so the price will be more affordable for more people to buy.

Its isn't different already and it shouldn't be

totally agree, but every time cryptos pullback the media starts talking about the end of bitcoin

Check out the alt coins, my god. All the way up.

Not a crash)

Healthy pullback for sure

yeep dude XD

I would love to own a whole Bitcoin.

1GpTizaXCePzXvCjBAJp4HyyHFDo8uewTX

Hint, hint.

Totally agreed

Yeah now the pullback... steemit is becoming more and more famous. Thanx for your post...

Its already bounced back to where it was! Thanks for another great video!

crypto is just starting. because someonr already told before that bitcoin will reach $100k in the year 2020 if not he will eat his dick lol...

some ones going to be a dick eater

I think is a Super Holiday gift for all of those that have the funds to invest right now. Unfortunately i move the little funds i had a little too late :( but i guest i could still get some coins on the cheap side cause a lot of them are down compare to last week. Upvoted and Followed!

Thanks for sharing

As markets are down, it is time to buy

However, some alt pump is interesting to watch: DOGE, DigiByte, Verge etc. how long they will sustain.

@dollarvigilante Most of my friends believe if wall street gets involved in cryptocurrency trading, there would be currency price manipulation. I am not sure if the recent market trend in the crypto space is an evidence of that or not. However, only those who are new to cryptocurrencies would panic about a drop in price. Oldtimers know that prices are going to soar again; its only a matter of when. great job by the way.

With some of these coins working on a quantum level I would be honestly surprised if there was any manipulation they COULD do. I know Wall Street is powerful but do they have the tech to really mess with cryptocurrencies like Ethereum? Lol maybe :)

Rightly said

a little pullback is a symbol off healthy market. Amazing work!

Jeff, stop scaring everybody...

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Merry Christmas!!!

This has been a good period for Cryptos in general. The meteoric rise over the past month has once again drawn the attention of the MSM, bringing more money in to the market. Also it would appear that clearly some very large whales have floated in, I reckon they may have been spooked by just how much their accumulation affected the market and slowed down their entry so as not to cause complete chaos.

It also served to teach a lot of newcomers what is good, and what is bad with the current utility being provided by Crypto. There is clearly a lot of work to do, but so many interesting projects to observe and support.

Obviously it was a healthy pullback seeing the recent surge in the price of bitcoin. The pullback was needed for the longrun price stability of the bitcoin. Further it has also created cautiousness among the people who are investing in the cryptocurrencies that how can the price decline within a short period and they need to properly research before investing and also maintain a profitable portfolio of cryptocurrencies.

Just buy Verge (XVG) you will thank me later!👊🏼

Exciting video man!!!!!!!!!!!!!

complate informastion @dollarvigilante ,don't forget to visit my blog

l believe that crypto currency is the monetary systems test balloon, to see if it flies. This will be our cashless currency system in the future. Everything is planned, this will be total control
@usmanzeb

I cant agree more, crypto will boom next year.

Strongly agree with the currently rising of crypto price , I believe next year is going to be a year of success for those who have gathered enough crypto this year

I agree with the option B, it was just a normal pump. Don't worry guys, it was predictable :)

Buying the Dip on cryptos

Just Christmas Sales! Buy Buy Buy!!!!!!

Every Cryptocurrency will skyrocket in 2018. Its just getting started Guys.
Just Believe and HODL

My only fear for crypto is that small percentage of the world population is currently aware or engage in crypto transactions, if crypto should survive a stance and gain larger population, for example bitcoin, how could it cater for the incoming people?

Buy more crypto currency now because now it is going down but it will increase in January.

you know you've reached crypto maturity when you welcome corrections :)

i head at the morning that the bitcoin has been falled . what is the basic reasion behind it ?

christmas coming so people pulling there profits :)

Crypto currency is here to stay. What we’re seeing is typical end-of-year profit taking. People are cashing out to buy holiday gifts and to balance their year-end financial books. 2018 will be a banner year for crypto currencies. Just wait until the stock market falls into correction territory and North Korea/Russia/China upset the markets...money will come pouring into the “safe-haven” global crypto economy.

Does crypto currency have future? Will it not affect national economy?

Flea Market amirite?
That cute little doge gets me every time!

In conclusion I think that its decline will benefit one sector and will harm another. There will never be a win-win

hanks very good post !

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