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Why I Think Bitcoin Will FAR EXCEED Everyone’s Price Expectations This Cycle. 👍

Plain and easy that is my idea as to why Bitcoin might exceed expectations this cycle.

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China Wants Communist Party Members to Pledge Loyalty on Blockchain
https://www.coindesk.com/china-wants-communist-party-members-to-pledge-loyalty-on-blockchain

Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
https://www.coindesk.com/avalon-bitcoin-miner-maker-canaan-officially-files-for-400-million-us-ipo

Argentina Imposes Draconian Capital Controls
https://www.zerohedge.com/geopolitical/argentina-imposes-draconian-capital-controls-peronists-return-power-after-macri-defeat

Uber Money: Tech Titan Rolls Out Digital Wallet in Push to Expand Financial Services
https://dailyhodl.com/2019/10/29/uber-money-tech-titan-rolls-out-digital-wallet-in-push-to-expand-financial-services/

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47 Comments

  1. Well I'm quite bullish but as far as being able to monitor the space and get a completer overview,to be able to answer your question about where i see it going-I'm lacking severly and i think many are.U wish to do a vid,teach us how u monitor things my friend 🙂

  2. I think this year will be different as smaller countries with failing currencies FOMO into Bitcoin. I also see major investments into bitcoin mining across the world, including within Russia and the U. S. Also, as more and more sovereign currency fails over the next two years, there will be increased pressure for countries to mine BTC & individuals to preserve their wealth by buying bitcoin. This may include an explosion of individual FOMO purchasing by China and India, as they realize their government has screwed them once again.

  3. Hi Aaron & Austin – love the videos and watch them everyday. I host an investment podcast in the UK and would really like to have one or both of you on as guest to talk about your thoughts on Bitcoin. Obvioulsy you can mention your channels etc Let me know – Justin

  4. i’m overall bullish but there was no way to short Bitcoin back in 2017… now big wallets can leverage 10-100x positions against the price going up… that will forever have a major hinderance on the price reaching higher levels… it won’t be until digitized currency has less risk of inflation and 51% more adoption that the current system will pace behind crypto… the current systems been around far too long to be upstaged in 10 years… this is at least a 15-25+ year build that needs to take place but just my opinion

  5. 5-6 Million Bitcoin is gone. If you take this off of 21 Million available and you have China, Russia (Who just converted an Aluminum plant into a BTC Mining operation to duck U.S. Sanctions (Estimated 10 percent of Bitcoin toal production), a U.S. Texas Mining facility… And many other production areas, how could the supply go another hundred years? McAffee's junk is safe, and we are going to be extremely wealthy for it.

  6. Perfectly stated, scaling won't be an issue for Bitcoin, because it won't need it, once Bitcoin get's over $100,000 there aren't going to be a lot of transactions, because it will be hoarded.

  7. Crypto is going somewhere in the future but definitely not bitcoin. There will be a better crypto that is scalable, save energy rather than having mining farm, a killer apps for mass adoption.

  8. In order for bitcoin to boost above 30 k , exchanges should start to use smaller unit of BTC like mbtc for example , many people still don’t know or recognize that they can buy a fraction of bitcoin so we sell it for them 😀👍

  9. Never once have I underestimated the power of BTC, the biggest sleeping giant out there is ALGO IMO. I went to Barclays Hackathon and mostly every dev said its easier to build on ALGO than ETH. Food for thought.

  10. Only if speculation exceeds expectations. Because bitcoin has ZERO value besides speculation. Digital assets and blockchain technology have come a long way since bitcoin. Remember Netscape? AOL? Chat rooms? MySpace? If you don’t it’s because Google and Facebook have taken over the world. Thank you Bitcoin for paving way but every day is a day closer to extinction.

  11. BREAKING: The CPC (Communist Party of China) have seized full control over Bitmain due to reported illegal activities. China announced they have full control over the Bitcoin network consensus as a result of the proceedings. China use Bitcoin as a economic war machine.

  12. "I’m Thinking Of Selling? I Have MAJOR Doubts On Bitcoin’s Bull Run…
    "

    1 week ago. Not trying to be an asshole (even though I probably sound like that right now), but you argued something totally different before the last 25-40% pump.

  13. Far from seeing blockchain “adoption” as a march toward liberation, I expects the government to use such technologies to increase its control over the population & worry that crypto is diverging further from its anti-authoritarian roots. The only good thing i seem so far is project based in China enjoying price hike like Vechain although it keeping releasing new pilot projects for dozens of companies that's is going nowhere like Walmart partnership , these pilot projects fail to reflected positively on the token price and gaining majority of volume on exchange known for volume boosting .I've seen too many of those kinds of announcements to really bother about them anymore

  14. BITCOIN TO 25k NOV 13TH. It'll start it's uptrend there Nov 13th at 12am then by the halving May 14th it should be at 20-25k where there we will have and even bigger uptrend then the last two pumps we saw in 2018 and 2019

  15. Do u know anything about blockstream? Do u know anything about the lightning network? Btc is no longer bitcoin. It will never reach anywhere near all time high. Blockstream destroyed btc

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