Do You Believe Crypto Exchanges Are Decentralized? You May Not Understand The Fundamentals Of Crypto
Crypto Exchanges Are Decentralized!
Crypto Exchanges being Decentralized is one of the biggest misconceptions of using a Decentralized cryptocurrency. Bitcoin is Decentralized in nature, but is it completely Decentralized? Yes and no is the short answer, keep reading for the long detailed answer.
Bitcoin is to be considered Decentralized since the Bitcoin Ledger is fully distributed and agreed upon by all the Bitcoin Miners. That is as far as Bitcoin Decentralization goes, or is it? When you want to buy Bitcoin, you have to have a way to transact with the Bitcoin Ledger.
Most of all, you have to have something to trade for Bitcoin. The most common trades being on large exchanges where the user can buy Bitcoin directly from their Bank Accounts. Bitcoin ATMS have been emerging in the United States of America, which brings us closer to a form of Decentralization.
However the ATM providers have to be licensed in the United States and comply with local and federal laws of the United States. I am sure if the government wanted to black list your address they would force their hand in doing so.
The popular opinion is the only way to be truly decentralized is by holding Bitcoin in a cold storage wallet that only you truly have the keys to. That sounds easy enough, right? However that doesn't simply solve the issue of being decentralized.
Are you still confused?
When you start thinking about what it means to be truly decentralized, you should expect to see a crypto currency that is accepted anywhere or is easily converted to any asset/currency.
Bitcoin really seems to be the peoples champion in the arena, but when you start to examine how easily the government can limit your ability to transact with certain assets it becomes painstakingly obvious that decentralized is a an imaginary term used to lure us all in to a more centralized asset class that appears to be something it is not.
The blockchain records every ting that happens on it, that is how the ledger is created, right? Sounds really awesome but when you start thinking decentralized and anonymous it is not. Most exchanges require some form of KYC in order to activate a trading account.
When you want to transfer money to a bank account you are allowing another method of tracking, signing up to use an exchange with a known email address, SSN and using any other form of identifying information. You will find that you eventually run into the transaction that will identify who you are.
That is the benefit of a cashless society, for the government at least. When you start asking these questions or even presenting these facts people will start arguing, no that isn't true...but they can't prove the contrary.
The number one point of tracking someone in the world of crypto is at on boarding. There are some ways that a person could come across crypto with every giving up their identity until the point of exiting crypto.
Presumably a person could earn Crypto Currency online via air drop, writing on read.cash, publish0x or doing services for someone. That could than purchase gift cards from several sites that offer gift cards for crypto.
These sites could be easily forced to restrict access to certain wallets and depending on what services you use gift cards for they can track you even easier. The age of artificial intelligence will likely play a major role in the tracking.
However the tracking is some thing the government has been working on since the conception of Bitcoin and the older the ledger becomes, the easier it is to track. When you have physical paper money you can avoid detection to an extent.
Eventually you have to pay bills that link you to money. This is the issue we have with the current fiat system that we are working on abandoning for an upgraded monitoring financial system that will one day successfully track everyone.
How Could Decentralized Truly Work On Block Chain?
The whole concept of Block chain is tracking... However even if you invent a truly decentralized entity that operates as an exchange that can't be shut down or stopped by any one government or not. The need to migrate funds back to a traditional banking system is what cancels the decentralization of everything.
Hypothetically if everyone excepted Bitcoin as legal tender. Than you made the odds of successfully tracking individuals even higher. I know a lot of people will disagree. I welcome those that disagree to respond.
Bitcoin: March 24 2022; Nice Pump, Bigger Correction?
Bitcoin is on fire, depending upon which exchange you use. Bitcoin price has surged between $44,000 and $47,000 today alone. I however use the Binance chart over Bitrue. Bitcoin keeps running through strong resistance levels and finding strong support to maintain.
The question a lot of us are beginning to ask, are we at a starting point for a new cycle? Was this cycle ever really over? Are we still bearish?
Are we starting a new cycle?
While we have went from $29k to $33k low to $44k to $47k and it is looking really good on the charts even though we are still roughly 30% down (that's a legitimate estimate, not exact figure) from the previous top.
It is really hard to say that we aren't bearish anymore. We still have so many factors that are weighing in on the price action of Bitcoin and the entire crypto market. The majority of it being extremely bullish.
The all time favorite narrative, "The Best Time To Buy Is When Their Is Blood In The Streets." The market did in fact go bearish for about 16 weeks. The exception being the two week fake out followed by the week fake out.
The biggest warning red flag for me is the "fake outs" mentioned above. This is Bitcoins fourth attempt at setting a higher high than the previous downtrends since the "alleged bottom" of around $33k
History has always been a strong indicator as far as, judging which direction Bitcoin could go after certain movements. While I am not a financial advisor, nor do I pretend to give financial advice. I am leaning towards if we go above $47k and hold with strong support as we are currently doing above $42k, than Yeah...the bottom may be officially in.
We won't be out of the wood until we are cemented above $52k being the fearful level I have talked so much about.
Was The Previous Cycle Ever Really Over?
Since the beginning of the "2020 Bull Cycle" this theory has been up for debate. With the Passage Of Time we find that this scenario is remotely playing out. Almost like the "2013 Bull Cycle" with different time frames and price action.
The original theory I heard in regards to the "Triple Top Theory" before the "Real Bear Market" kicks in, was from BitBoyCrypto. I do not know if he is still entertaining the "Triple Top Theory" or not, nor do I honestly care. However I find it relevant to the bigger picture of things.
I have said plenty of times before, we are merely human beings studying uncharted territories trying to be Christopher Columbus of Crypto. We are learning from limited data that grows daily and evolves with the times. While most times, a time frame prediction will turn into a epic fail.
When you look into it, the only fail was the time frame put on the predictions. We have seen "Two Tops" thus far. Meaning that we are most likely looking at a 78% chance of heading up to a third top before entering a brief bear market in retrospect to previous bear markets.
I am not positive on the upside to the "Third Top" however, the odds of my $137K prediction happening are next to none, unless we were to be in the start of new cycle. This wave could follow suit with April 2021.
Are We Still Bearish?
Yes we are still Bearish, for now at least. While the massive amount of evidence, market sentiment and every other indicator is indicating that we are turning Bullish we have to play it safe. When markets are like this people tend to be overly greedy.
When we get overly greedy, we let down our defenses and often times get wrecked. While we should be expecting the worse. Whether we want to say it or not. We are currently down tremendously from the previous tops across the board.
That may not be out of the norm to say the least, but we have to rely on the evidence in front of us. That evidence points to the fact that we are still in a Bearish market even at $44k right now. We still have a strong downtrend that is appearing to be weaker.
However with each rejection that Bitcoin receives that downtrend strengthens. The amount of price jumping on the charts right now is a very high indicator that price levels are not sustainable at the current time and a major downward candle into a very strong support zone is imminent. That is how it is looking at this moment is time.
Bitcoin Cash: BCH; Where is it at?
Bitcoin Cash seems to have taken the lead ahead of it's predecessor Bitcoin. BCH is down about $25 from Tuesday & Wednesday highs. BCH is looking like it may be able to hold support at the previous resistance level.
That is provided we don't see a major drop from it's predecessor. History has proven itself time and time again, that with The Passage Of Time Bitcoin down moves greatly effect BCH with the exception of Altcoin season.
Another note for the "Triple Top Theory" that would mean the true Altcoin season hasn't actually occurred yet than. That would be a blessing for a lot of us out here struggling to pay bills and support our families. The cost of living keeps raising, wages stay the same and we get poorer while making the rich even richer.
Crypto changes all of that.
XRP
XRP is still following the uptrend, appearing to be extremely bullish. XRP has a lot of big news headlines in the last several weeks giving investors even more reasons to FOMO. However the true FOMO even hasn't started and is forecasted to gear up around the beginning of August 2022.
The only Crypto that actually had real life use cases from day one of conception. I am not trying to offend any crypto projects that are out at this current time that have all kinds of use cases. I am just merely reflecting upon the market when XRP came about.
YOOSHI
YOOSHI will be one of the last to really blow up in my opinion. YOOSHI is holding firmly above .28 cents at a current price of .32 cents where it has been resting for what seems like years, but just merely weeks.
What is in your wallet? YOOSHI! haha I couldn't help it.
SHIBA INU The Real Doge Killer
SHIBA INU has been talked about a lot lately. The big talk is SHIBA is about to retake the $40 per million zone as it heads up higher. I am not sure that I would bet the house on this one just yet. However if you would have betted your house when I first told you all to buy some SHIBA you would have about 20 houses now.
Don't sleep on shiba, the words Bullzilla used months after I gave up on trying to get him to notice shiba along with bitboy and other influencers.
Summary
Spring time is here and as warmer weather is approaching. Families are making plans of taking vacations and spending time with friends and loved ones while soaking up the summer sun. I want to wish everyone a very safe travel and a happy summer time, may God Bless You and your loved ones.
I know financially that crypto has truly been a blessing in disguise for my family and I. The family may not understand crypto the way I do, but that is why they have me, lol. We are all still truly blessed to be apart of something as major as crypto.
Crypto is literally life changing in so many ways beyond financial freedom. Yeah, I know that financial freedom is the dream of most people when they first venture into the Crypto Revolution. Crypto still reaches those that refuse to acknowledge it's existence, let alone the impact that it is making on the entire world.
Even people whom claim to be genius often fail to fathom crypto. I once talked to a man in 2019 before the March 2020 crash. This man is regarded in the local community as a genius. I know the man is smart when it comes to guns, fixing cars along with pointless social media videos of no real significance.
I over heard this gentlemen talking about his 401K and how he thought it would be best to invest in certain sectors at the time, hospitality. I tried to explain to him that the markets where about to implode as we neared the 2020 crash.
I explained crypto and how if he cashed his 401K at the time and invest just 25% and held the cash to invest into the stock market over the coming year he wouldn't have to worry about money ever again. This man tried to mock me as if I was ignorant and didn't understand economies and how politics effected everything.
Needless to say, don't be like this guy. The signs are all their, all you have do is some research and you will find out for yourself. I also enjoy mentioning Bitcoin to the man now that he hears about Bitcoin almost daily no matter what he does. It really sucks to right sometimes when you watch it wreck people around you, knowing all they had to do was listen and research.
Crypto Currencies: CoinMarketCap ReCap; Bitcoin, BCH, YOOSHI, DOGEZILLA: What You're Missing!
Bitcoin Cash $380.00
"Looking Bullish Again" is the Narrative!
Bitcoin Cash broke above the previous range with a nice leg up to $380.00 before losing some steam. While Bitcoin is up 8% for the week it comes as no surprise to Bitcoin Cash making a nice move like this.
Bitcoin Cash is still looking Bullish on the daily chart. A lot of influencers are starting to talk about a massive pump incoming. This could be a major part of the "Exodus From Exchanges" along with corporation demand in the Billions of Billions of dollars.
"Only Time Will Tell With The Passage Of Time" IDK
Bitcoin
Bitcoin high of $43,361 was short lived before Bitcoin came back down to $42,309 currently.
Bitcoin is back above $42,000.00 will it hold this time? That is the question that a ton of eager investors are currently asking themselves at this very moment. Over this past several weeks, we have seen a lot to be bullish over in crypto.
The SEC VS RIPPLE was pretty bullish not just for XRP but also for the the entire crypto market. That is provided that Ripple is Victorious in the final hearing. This will give investors peace of mind, ensuring them that the SEC can't target certain investments using the same criteria.
The Executive Order on Crypto from the Biden Administration is still a pretty major deal even if we haven't seen what will come out of it. The implications alone are already a big deal. I know a lot of people thought it was a big deal when Trump signed a Bill that directly mentioned XRP Ripple.
However Biden's Executive Order is bigger than Trump's mentioning. Also when you take into account the Campaign Donation to Biden from an CEO of a top Exchange, close to six million dollars. Imagine learning that by trading on certain exchanges you helped Bide get elected...lol
Russian & Ukraine conflict is worth mentioning here, especially considering the fact that Bitcoin itself was used to fund Ukraine in War Efforts against Russia. Not to mention the fact that Bitcoin and other Crypto Currencies despite the ongoing propaganda have continued to raise in value against other falling markets.
March of 2020 was a wake up call for a lot of people that the Crypto Market was directly linked with the movements of traditional markets.
Now we move forward to February of 2022 amongst the threat of World War III, while approaching the 2nd anniversary of the March 2020 crash and Bitcoin turns Bullish with the rest of the Market slowly following suit.
XRP Around $0.85 Cents
XRP seems to have settled down a bit since the run from yesterday into today taking place. XRP doesn't seem to be done moving just yet. A lot of major influencers were talking about this move taking the price up above $1 again.
I have yet to come to a point of disagreement on that subject. I may not agree with a lot of the time frames, but if you have been in crypto for awhile now, you should already know that most time frames don't pan out. The target prices usually plays out...at some point.
YOOSHI On The Move!
YOOSHI'S up to .32 cents per million after challenging .33 cents per million earlier today. The majority of the market has seen a slight pull back which could be related to this pull back.
I still remain Bullish on YOOSHI as I had to pick up some more last night before bed at around .30 cents per million. I still believe that team YOOSHI has, as well as the community, both are highly dedicated to the success of YOOSHI.
Admittedly, I only originally invested in YOOSHI because of the YOOSHI character that resembled the YOOSHI character from Nintendo Games. That connection alone lead me to believe that millions of people would easily drop a few dollars into YOOSHI. Thus far the community continues to grow, NFT'S keep being launched.
The developers have done a tremendous job thus far!
DOGEZILLA
Dogezilla is a token I can say that I screwed up when I invested in this token. I like the logo, the name is epic. However the idea that a meme coin can launch and build a vault that the entire crypto world just up and trust?
A bit far fetched, I did still have to invest a lot into Dogezilla personally, you know, just in case. I would not recommend investing into Dogezilla with out the expectations of losing your investment, but owning dogezilla "shitcoin" for life.
RUNE
RUNE looks like it is getting ready to challenge the $9 range again. Depending on the rest of the market we could see the next leg up by Friday of this week leading into Spring Break Weekend in the United States.
Although a lot of children are already on Spring Break this week. I doubt the subtle vacation will have much of an impact on crypto prices. It would be nice to see the market take off during vacation time.
SHIBA
Shiba is also working it's way up through resistance zones along with the rest of the crypto market, starting to look like the next major leg up will be at around $28 per million.
UNI
I had to include my still favorite ERC20 Token UNI. The exchange token for Uni Swap. While I am not a major fan of the Ethereum Blockchain for evident reasons (GAS PRICES) I do however still favor Uni.
Uni still has strong potential at this point. I am not sure which direction Uni Swap is going to take in the coming years, but I expect the volumes to continue to sky rocket.
Summary
While every indicator is showing nothing but bullish potential at the moment, you should always be careful and tread lightly. You shouldn't ever invest more than you can afford to lose, which if you are like me, it isn't much.
I know that a lot of times we tend to read articles such as these and they may or may not touch on a crypto that your are currently eyeing and you get those impulse buy urges. You should always remain calm and keep in mind that we are not crypto advisors, but we are merely just humans like every single one of you out their.
We are just living and learning. Most of us spend countless hours observing live data, studying history on the charts just trying to make sense of it all. The problem being that while history tends to repeat itself with high to low deviations.
The circumstances are rarely 100% the same. The longer the crypto market matures the more we are able to learn and hopefully become able to accurate forecast the crypto markets. Meanwhile you have to keep in mind that we are not financial advisors and most of us are invested in the crypto currencies that we frequently talk about.
I am vested in every single crypto currency listed above plus hundreds more. Stay Safe, God Bless You!
Bitcoin: March 21, 2022
Bitcoin Above $41,000 Again!
Bitcoin remained Bullish on Saturday and only slightly tipping bearish Sunday into today. We are still showing a lot of support above $40,000 which is a good sign. We are slicing through current resistance levels like butter. That is the case on the way down as well.
Bitcoin really needs to hold above $42,000.00 and judging on the past several weeks, I would say that by this time next week Bitcoin should be bouncing off of the $42,000.00 level. (hopefully)
Bitcoin Cash BCH
Bitcoin Cash took a nice leg up on Saturday along with other crypto currencies that were moving along side Bitcoin. Just like Bitcoin, Bitcoin Cash is holding it's current level with decent support. This is starting to indicate that Bitcoin will be surpass the $345.00 level this coming week.
That is however always dependent upon the Bitcoin prediction playing out, if Bitcoin drops back down into the previous down trend again. Bitcoin Cash would be at the bottom of this channel with a possibility of going lower.
As of right now I don't think that scenario is going to play out, but it is really hard to take it off of the table.
YOOSHI
YOOSHI appears to be in an accumulation phase between .28 and .30 cents per million. I bought more YOOSHI at .28 cents per millions because, why not? YOOSHI has 2 launched games, NFTS, FARMS and more happening in the crypto world.
I find the aspects of YOOSHI make it worth being vested in. I am not a financial advisor though. If I were a financial advisor, I'd make smarter decisions, probably lol.
XRP
XRP is holding above .81 cents as of the time of writing this article. I still believe XRP could be entering another uptrend. I will continue to monitor XRP over the next week which is when we should a nice leg up like we have BCH and Bitcoin.
XRP has had a ton of positive news in the spot light. Which is starting to line up with the predicted pattern playing out above. One thing to keep in mind is, it won't play out exactly, their will be deviations.
RUNE
RUNE is on the move, up $5.30 from the beginning of March. Rune had an All Time High of just $17.34 back in November of 2021 before the bearish market took over. Ideally Rune could up between $34 to $80 dollars in the next bull cycle.
That is just provided that adoption of RUNE doesn't sky rocket. RUNE is yet another metaverse project with extreme potential. Rune is a part of a wider market that consist of awesome projects like Axie, Yooshi, Sand and so many others that I won't try to list right now.
Summary
How do you feel about NFT'S and Metaverse's?
I know the idea of NFT'S and the Metaverse can be extremely over whelming when you try to grasp just how large these two very different but yet very connected fields are. While at first glance you may be like, yeah right, they are not connected.
However they are. NFT'S would still stand to serve a purpose with out the Metaverse, but would the Metaverse serve a purpose with out NFT'S?
I don't know the exact answer, but my guess would be, No! The Metaverse can be an awesome place to hang out, make friends and meet people from all walks life from all over the World. This honestly reminds me the who Yo'Ville idea FaceBook had about 15 years ago.
That idea was ahead of it's time. Now we live in the digital age. Artwork isn't what it was like back in the ages of the "Mona Lisa". The World has came a long ways. Technology is furthering our capabilities and offering a lot of people a nice pretend life in the metaverse.
NFT'S serve a purpose beyond the metaverse and artwork as well. The gaming industry on the Blockchain will use NFT'S. Imagine being able to take your favorite game avatar to any game and play, carrying over all your XP and everything with you. You would also have the ability to sell you game progress to another gamer for crypto or USD.
The possibilities are endless when blockchain takes over technology. I remember when cellphones came about. You had to go through certain phone providers for certain phone numbers. This left a lot of individuals trapped/locked in to one certain carrier until governments passes laws to force Phone carriers to allow customers to take their phone numbers with them.
Two different kinds of technology, but the basis is the same. Eventually our favorite game avatars will be unrestricted from game to metaverse to gaming again. That is the partial crypto vision that I have.
I am not a financial advisor, I am more of a crypto fanatic. I love researching and learning crypto. I enjoy reading charts and passing a long knowledge along with learning something new every day.
God Bless You & Stay Healthy!
It Has Been A Long Five Days!
Nicotine
This day and age we have all kinds of ways that one could get their lovely dose of Nicotine. You can buy a simple E Cig, pack of Cig's, roll your own, snort it, chew it, suck on it, patch on the arm or even in gum.
They say that Nicotine addiction is worse than heroin addictions. I have know plenty of people that have died from heroin over doses so I won't even begin to compare the two beyond addiction and accessibility.
Nicotine in the United States is every where. The movies used to have movie stars on tv smoking constantly. I remember when I started smoking, I hated the smell, the taste but I liked the way it made me feel.
I was maybe 5 years old the first time I had a cigarette. I was in the woods by my now deceased uncles house with my cousins that are now grown with children. I remember my older cousin talked some teenagers into bringing her a pack of Marlboro Red shorts.
We each got our own Cigarette, I puked but wow. That moment on I spent the 5 to 6 years sneaking around and smoking socially. I was between the ages of 10 - 12 years old when I started smoking daily. I was around 13 when I mother learned I had been paying $5 for a pack of cigarettes that costed $2
This wasn't the best decision, but it wasn't abnormal back than. My mother begin giving me cigarettes. I smoke until I was 14 and I quit for about 8 months after having pneumonia and being diagnosed with asthma.
That was a short lived victory. I would go on to quit another 1 times over the next 20 years of my life, with the exception of some served time I did. I was still able to get nicotine. I quit smoking for 9 months a few years back. The next thing I knew. I bought a pack of cigarettes and started smoking again.
Sunday March 13, 2022 11:00 p.m.
That was the last time I smoke a cigarette. I decided that I don't want my children to continue to see me literally killing myself one cigarette at a time. I didn't want to die gasping for air like a fish out of water. I know I still could, but 5 days ago when I decided I was done smoking forever, I drastically lowered those odds.
I would say that Monday was the worse day of all. I went through so many 2mg Nicotine lozenges to keeps myself calm. The hardest part of quitting smoking is that whole taste that I hate. The way you feel after one draw off of a cigarette, the subtle head change.
The way your body craves all of those nasty toxins that it has become so accustomed to over the last 20 years... I never really thought about it but, a lot of us have been groomed to become smokers.
I felt like I would try the whole venting about cigarettes for a moment. I was actually inspired to make the commitment to quit and stay quit again by a similar blog post that I had read on the 12th I think.
The hardest part has been not doubting myself, staying positive and knowing that I can live without another cigarette ever again in my whole life time. Once I get over the mental part, the whole habit of smoking. When I am bored, smoke. When I eat, smoke. When I wake up or before bed, smoke. When I drink liquor, smoke more. When I write, smoke more. When I program, smoke even more. When I game, smoke even more. When I drive, smoke more.
I think you get the point that smoking has been a major part of my life for the last 20 years. I would probably have a totally different life if I hadn't started smoking 20 years ago. I am not going to imply it would have been a better life, but smokers vs non smokers tend to go two different directions in life.
Anyways, if you are a smoker and you are trying to quit, YOU GOT THIS, YOU CAN DO IT. I CAN DO IT, WE ALL CAN DO IT, STAY STRONG, GOD BLESS YOU!
Bitcoin: March 18, 2022 Bullish Friday!
Bitcoin at $41K
Bitcoin is leading the way into what could be a "Bullish Resistance Shattering Weekend", while we are still battling the resistance zones Bitcoin is showing signs of wanting take a leg up.
We still two resistance levels that are currently holding Bitcoin down. The good note being that we are currently above $41K and aiming at $42K again. I would like to see us break $42K while I am writing this article.
I have spent time talking about Bull Cycles and how Bitcoin still remains to be the dominant factor across the total market cap of crypto. This is an area of disagreement amongst a lot of individuals that haven't not fully understood crypto yet.
When Bitcoin is Bullish, about 80% will go up and 20% will go down and as Bitcoin becomes Bearish 20% will go up and 80% will go down. I have watched this trend take place for years. Probably enough so that I have become slightly complacent.
I some times look at Bitcoin and see it's performance is bearish and I may shrug off looking into a couple wallets just to find out I missed some decent sales potential. I am currently programing a Virtual Human Assistant named Bob. I'll be releasing in depth articles about programing him, but it takes time.
I am currently working on his Crypto side. I got Bob programmed to retrieve the current prices of over 10 crypto currencies as of now. I am working on adding a portfolio tracking module so Bob will monitor my crypto in real time and alert me when any of the crypto currencies I hold are moving.
Is anyone else interested in this type of software or am I the only one that feels the need to have a Virtual Human Assistance help out with my portfolio?
XRP $0.79
Ripple is attempting to argue that the SEC'S internal documentation is useless for the SEC as grounds for suit since RIPPLE won the Fair Notice Defense Motion. Ripple has always worked with regulators, attorneys, government officials in order to achieve Ripple's goals.
The legislation is about whether or not XRP represents Ripple and would XRP even have a market if Ripple were order to cease and desist all involvement with XRP and ordered to burn all of Ripple's XRP. Would that hurt XRP holders?
I personally like the idea of XRP on the basis of Ripple soliciting Banks % Governments to use XRP for (ODL) On Demand Liquidity that cost literally fractions of a penny to send Billions of Dollars instantly.
That is the XRP advantage
YOOSHI Family .28 Cents Per Million!
The chart above shows the partial history of YOOSHI on Trading View. I started buying YOOSHI around the summer time in 2021 The prices then were under $10 per 100 Million in comparison to $29.44 per 100 Million YOOSHI right now.
YOOSHI has performed a lot like Shiba has except on a larger time scale. YOOSHI is creating its very own ecosystem full of NFTS that give holder Miner Powerups! I am vested in YOOSHI for the long haul or until I have house money plus get to keep a bag.
Ideally YOOSHI should start to make some decent moves to upside within the next four weeks. I know that is a wide time frame on YOOSHI but it's realistic.
Speaking of SHIB $22 per Million
I bought into SHIB at $0.04 per million, that is probably the only reason I bought into YOOSHI and other projects such as ELON that I normally wouldn't have invested in before. A quick work from The Speaker Knockers, "Scared Money Don't Make No Money". That saying holds true sometimes.
SHIB has been the best investment I have made this far in terms of returns. I wouldn't say the best investment based upon research at the time, but I am glad I took the leap. This week SHIB is geared up to tackle $28 per million.
Summary:
This last few days have been rather bullish today included. I know we have a ton of reason why we should be extremely bullish right now. The last several weeks Bitcoin has turned Bearish on Friday into Sunday and turning around mid week into the weekend bearish.
I would like to see the Bullish Momentum continue, break up above $42K and start challenging $46K That would put me in a comfortable state of mind with the crypto market, provided nothing crazy starts happening.
Most of the Market has been nice & green this week, sigh of relief. A lot of charts are start to implicate a firm bottom giving reason to believe another leg is coming to the upside. We still have a high chance of going lower again.
The Moment you all have been waiting for.
BCH Bitcoin Cash
Bitcoin Cash BCH is not surprising moving upwards along with it's predecessor Bitcoin. BCH is at a point where we should see a nice spike and provide we don't get rejected for the 9th time we should be head up again towards the $ 420 range.
Thanks for reading, God Bless You & Stay Healthy!
Bitcoin: March 17, 2022
Tonight: Bitcoin's Move!
This time last year where was Bitcoin at?
Bitcoin at this current moment in time is at $40,800.00 which is roughly $17,000.00 dollars away from previous years.
While holding above $40k feels promising, not being able to pass $42k is troubling. Bitcoin can only be rejected so many times before history repeats itself and Bitcoin makes a major move in one direction or the other.
We are currently fighting the resistance of the downtrend along with battling to hold a support line. Tonight has potential to be " A Major Night in Crypto for Bitcoin" I am going to remain hopeful but realistic as always.
We have been in this accumulation zone since February 4, 2022 keeping in mind that this downtrend started on November 10, 2021 Bitcoin keeps fighting its way back up. The fight has been hectic from $33k to $46k and I don't see anything changing that anytime soon.
That being said we could be leaning more towards revisiting previous bull cycle all time highs. The only thing that has me challenging not going below $33k is the fact that corporations own Billions of dollars of Bitcoin and continue to buy up dips as those. I have also explored some major order books...
BAT Basic Attention Token
BAT is looking like it is ready or another run like November of 2021 possibly. I would not bet the house on it, but I would hold on for a ride. A pattern is starting to emerge with donations and ad payments.
XRP STILL NO SETTLEMENT!
XRP is still battling the lawsuit while appearing to be turning bullish yet again. We are seeing a downtrend day however we did close above another resistance level which may be a could sign of support at this level.
BCH Bitcoin Cash, THE PEOPLES CHOICE
BCH Bitcoin Cash is looking remotely similar to the Bitcoin chart at the moment with some slight differences, nothing out of normal area. I have always been a firm believer behind Bitcoin Cash whether the critics want to admit it or not directly moves in correlation with Bitcoin.
I know that offends a lot of people, but where did BCH come from? Than ABC that is now currently ECASH which btw I did pretty decent on when I split my BCH to ABC and than it automatically turned itself into ECASH. Any one cash in on that one?
AMP
My knowledge on AMP is very limited, I do own several thousand of them just in case some thing happens. I have always watched CoinBase closely as they seem to be the ones that set most of the trends, with the exception of the meme coins.
They did adopt Meme Coins and the trend lives on. Considering their is no previous price discovery beyond this point. The only thing I can really say is that, AMP appears to gaining traction along with the rest of the crypto market. Provided that the rest of the crypto market continues to gain traction uphill AMP is in store for some major price action in the not so distant future.
Summary
I enjoy researching crypto and following along with the crypto markets. I like to reflect periodically and see how much I have grown in the Crypto World. I will be coming out with another Blog Post about my holdings, in comparison to the last time I did a post similar it has grown out of control.
I am starting to get to the point where I have way too many exchange accounts, too many cold wallets, too many seed phrased and it is just getting to be overwhelming. I have an ideal for the ultimate exchange that would solve all of these issues without missing any opportunities.
Imagine that one app that combines every thing you love about crypto into one place. That would be some thing, wouldn't it?
Thanks for reading, God Bless You & Stay Healthy!
Bitcoin: March 16, 2022
Bitcoin $40,600.00
Bitcoin is above $40,000.00 at the moment, down from around $41,600.00 within the last 24 hours. The down side being we have still yet to break the previous lower high at around $42,500.00
Once Bitcoin starts pushing over those levels we should see the much anticipated run towards $57,000.00 like a lot of people are calling for, before we see the anticipated crash to $9,000 to $13,000
I still do not see the whole $9k playing out, but I am not ruling it out completely. This is crypto and I have learned that anything can happen, from .15 cent up to $20,000.00 in months and vice versa.
Looking at the chart above, the three lines represents where the previous 3 lower highs I am counting are at. These levels will be important to cross over in order to go into bullish momentum.
However if the trending ideas are to play out, I personally wouldn't count on bitcoin crossing much over $52k before crashing back down. $52k has been a major resistance level. Bitcoin fails more so around that level in the $50k zone from my personal observations.
XRP .77 Cents
XRP is up just slightly from yesterday. Still no late breaking developments in the SEC VS RIPPLE and to be honest, I am not expecting a major update until closer to August if not on the court date.
I still remain Bullish on XRP and XLM. I know if XRP fails XLM is their already doing as much as XRP. Honestly it doesn't make sense not to hold both of them.
BAT BASIC ATTENTION TOKEN $0.81
BAT is getting geared up to make another major move in the Market. Incase you are not aware, BAT is the native token of Brave Browser. When you use Brave Browser, you are secure and not overwhelmed with unwanted advertisements that don't pay you for seeing them.
Instead, Brave Browser gives you the option to see ads, in turn they reward you in BAT. The not so distant Future of Advertising.
Bitcoin Cash BCH $291.00
Bitcoin Cash is still in the accumulation zones between $261 & $342 currently at $291 When comparing 2020 to the current point in the Market, it looks like we could be seeing a repeat. I would expect to see the same resistances levels give us complications on the way back up.
The chart below shows the levels I expect to see the most resistance. After we break above $385, $755 will the next biggest feat. When we reach these levels we could see a repeat of history or we it could quickly turn into support, kind of like Bitcoin at $28k to $33k IMO
Summary
While the market Sentiments are looking very Bullish on this very lovely Wednesday afternoon. I think it is best to zoom out and remind our selves just how far down we are, but also reflect and see just how far we have come to date.
Crypto has been doing some major things, from Shiba Inu being crossed by the creator of Ethereum before going up to $85 per million. Turns out, the donation that was given to the India Covid Relief Fund was the best spotlight for Shiba. Also was the Worlds Largest Crypto Donation at the time.
Joe Biden signed an Executive Order to benefit the adoption of crypto in the United States. We are still waiting to see what implications this will have on the crypto market.
CEO of Crypto Exchange was the Second Largest Donation to the Biden Campaign. Maybe this Executive Order was paid for?
Crypto.com purchased naming right of The Crypto.com Arena where the Super Bowl was hosted for $800,000,000.00
Countries adopting Bitcoin as legal tender.
Bitcoin Funding Ukraine's Defense against Russia. (contrary to its creators)
Bitcoin Funding Truckers Convoy, Government was successfully able to compel one person to surrender .3 BTC that was intended for the Truckers in Canada & USA 14.6 BTC has already been distributed to the Truckers with the Governments unable to stop it. (the real meaning of crypto)
United States, several states accepting Bitcoin as tax payments, also paying wages using Bitcoin. Legislation behind Bitcoin adoption. States drafting legislation to increase Bitcoin mining. Presidential Candidate running with the promise of making Bitcoin legal tender.
I could keep going on with projects like XRP that had ODL for banks and have well over 100 contracts and patents with top banks like JP Morgan and more. The main point though is the amount of growth in crypto that we have seen thus far and where it is headed.
I think we have all watched those awesome futuristic sci-fi movies of where people had weird digital money and electronic coins for private purchases out of sight. Well, we may not have all these flying cars until we actually start harvesting electricity from the atmosphere, but the World is moving full automated with fully digital currencies.
We have been groomed for this happen every Motorola launched. They have been feeding us with more advanced technology in strides. Now that we have "So Called A.I." Machine Learning Technology, our own technology has advanced substantially thanks to A.I.
This brings about the replacement of the working class Americans and brings about the importance of programing and engineering. Blockchain seems to be the key that unlocks these abilities. The future of the World Financial and Tech industries is evolving to Blockchain.
Those of us that research and study the Blockchains and hopefully invest in the right ones will one day have enough money to take care of our families for generations to come. God Bless You & Stay Heathy!
Bitcoin March 15, 2022
Bitcoin Above $39,000.00
Bitcoin is currently trading above $39,000.00 USD. Bitcoin continues to hold above the previous downtrend marked with GREY lines for the 7th day. The chart above also highlights the lower lows we have been setting since $33,000.00 with the down side being the lower highs that keep coming in.
I would like to be extremely bullish right now, but the downtrend is still fighting to take over. We could see that major spike that I have been talking about. Some major influencers on Twitter are starting to call for the same spike up to about $57,000.00 USD before crashing down to $13,000.00
I have been eyeing $22,000 to $26,000 low by April 20 I believe was the date I wanted to see it start taking off again but at the time I think it was actually looking like it wouldn't rebound till the later part of April. However if we break below $18 to $22 Thousand BTC at $9,000 to $13,000 with a very hopeful flash crash to a Dollar.
That very hopeful flash crash could potentially happen, considering bitcoin flash crash last year on some exchanges to under $15,000.00 I would of have been happy to of bought some at that level but it was short lived.
I think if Bitcoin fails to hold above the previous down trend, unless Bitcoin is able to set a higher high and maintain a lower high off of that spike we will still be visiting the red or blue line. I know from previous times that we should see a ton of inflow once this begins.
The inflow theory is contradictory to the propaganda agenda of moving crypto off of exchanges. We will see how it flows, we could see that higher high within the next 48 hours hours or fall back within the previous down trend.
XRP
XRP is holding at $0.76 USD and the red lines are previous support and resistance levels. The squiggly line is the previous pattern that XRP has follow with a slight deviation more than once. I am not implying that the pattern is starting over now, but if it was, that is what it would look like.
I do look to see the pattern no later than September of 2022. Although I wouldn't complain about a spike now with a sell off point up to the announcement of a settlement with a large spike coming in off the hype. This all just a bunch of theories that could more than likely never materialize.
YOOSHI
YOOSHI is currently around .26 cents per million, so I had to add a little to my YOOSHI bags today. I still think YOOSHI will sell in the $10 to $15 per million ranges in the next bull market. I made a mistake not buying a ton of Shiba when it dipped similarly to YOOSHI right now. I don't want to miss that opportunity here, but at the same time I will not be risking more than I can afford to loose which isn't much.
A Very Special Thank You To The Sponsors!
Summary
Sometimes when the markets are as red as they are and we see the slightest show of bullish sentiment we tend to over react with out actually understanding what is motivating the market to move. Supply and Demand does have a lot of weigh on the price movements as well as Economic factors. The major factor to weigh is sentiment on social media sites.
I have found that most investors are "in the loop" so to speak. I know I was big on technology already before I stumbled upon Bitcoin and to be perfectly honest, I have always been more than interested in finance.
I keep browsing through charts like Bitcoin Cash and I am seeing charts where most Crypto's have found a clear bottom zone. However while in these bottom zones the slightest thing could dip them even lower. We have to keep in mind that most of charting is using previous history and applying that knowledge towards the future charts.
When you have a ton of data it allows you to zoom out and see price movements through different time frames. You can than examine what may or may not have been happening during those times. Example being major World Elections and of course threats of Nuclear Wars
Than you account for the statistics which tend to always play our with slight deviations you have the recipe for analysis that is not always correct. Sometimes people like myself hit the nail on the head and other times we smash the hell out of our thumbs...
God Bless You & Stay Healthy!
Bitcoin & The World of Crypto: March 14, 2022
Monday March 14, 2022
Good afternoon on this lovely Monday afternoon. Sentiment seems to be looking better than before. Bitcoin has turned it's previous downtrends top into support. This seems pretty bullish to me. We could see something similar happen as the W drawn below.
Bitcoin has maintained a higher low with each large dip since $33,000.00 However Bitcoin is setting lower highs in comparison with the all time high. Feels like Bitcoin is ready to explode and move upward. We have been seeing nice support above the previous downtrend so far.
XRP
March 11, 2022: Judge Analisa Torres Denied the SEC motion to strike Ripple's Fair Notice Defense. In case you haven't been following the SEC vs Ripple case. Ripple has been in contact with the SEC before the date the suit was filed against Ripple. Ripple had been told they was not in violating any laws. Then December 2020 Jay Clayton filed the initial suit against Ripple before submitting his resignation to President Trump. https://www.dropbox.com/s/6g6owuurf777f2t/Order%20on%20Motion%20to%20Strike.pdf?dl=0
The weeks prior to this filing, Ripple had stated several times they looked forward to the coming clarity in the market. This suit has been a long time in the making. Ripple wasn't caught off guard, they knew this was coming and to be honest, they welcomed it.
This legal clarity they will receive at the conclusion of this court case should be enough to turn XRP into the standard. I have covered plenty of times the amount of work Ripple does for countries like Saudi Arabia and more using XRP ("ODL")
XRP went up 15% After Court Ruling!
XRP went up to $0.88 cents and is now currently at $0.75 cents. XRP is looking towards a break out and could challenge last years high of $1.85 in April 2021 I wouldn't bet the house on that move, but coming towards the end of August, the price should jump over 40% if they announce Ripple wins the suit.
Then hopefully XRP will turn the Dollar level into support and hold this time around.
Russia & Ukraine
CNN and other sources are reporting that Putin is having talks with China to obtain military support to attack Ukraine. Other news sources report that Ukraine as killed over 12,000 Russian soldiers vs very few casualties sufferer from Ukraine.
I find it hard to find information that has been fact checked. Seems to be the new phrase is, "We told you so, so it's true!"
However the headlines that keep coming out does have potential to shifts market and make the markets volatile. Rumors that Grandpa Biden was threating China, that if they were to help Russia in any way, he would be forced to issue more Sanctions.
Biden is also disagrees with the fact that President Trump was harder on Russia than Biden. I find it IRONIC that Biden and other Democrats kept claiming that President Trump was wrecking our economies and he would be the cause of World War 3.
Seems Biden through misguided policies aimed at destroying America was able to help Russia. Almost like they planed this the whole time. Now in America the leading things is, it's Putin's fault, high gas prices that were sky rocketing before this invasion according to Biden are in fact Putin's fault.
Biden prints trillions of USD and guess what? Yup, Putin's fault for inflation as well. Biden probably blames Putin for his own sons Cocaine addiction. I would go on a limb and say it is probably Putin's fault that Biden started giving out crack pipes or maybe that has some thing to do with the Colombia and Nato stuff happening in the back ground.
The Biden Executive order is rumored to be a good thing for Bitcoin and other Crypto's by a lot of people. However some influencers see this as a means of attacking crypto for the main core values that crypto was invented to protect. Often times people get caught up in life with every thing going on and they fail to realize that government control of cryptocurrencies is actually contrary to the existence of Bitcoin.
We all know that our Governments are not going to set idle while they lost the ability to know every thing we do and think. Which is also the reason behind the war on cash.
Alien Inu, The Invasion is Coming!
Alien Inu
Alien Inu shows some promising potential as the World of NFT'S continues to grow and Metaverse take over the World of Peer to Peer Gaming. Alien Inu development team is creating new NFT'S and making games to go with the NFT's.
Alien Inu could potentially be the next Axie, Sandbox or Meta. The token prices won't be as high considering the total supply is 51,000,000,000,000,000.00 I personally own about one quadrillion.
View the White paper here
Alien Inu is just now entering phase 5 of the white paper and they continue promotions along with being highly interactive with the communities in which they are looking to infiltrate.
I would like to give all the technical details behind the project however I am not extremely familiar with NFT Gaming. I do know that like Shiba Inu along with Yooshi that Alien Inu is a project worth following and depending upon your own risk levels, $20 worth of Alien Inu could make you Thousands of Dollars in the not so distant future.
NFT Gaming is the future of gaming. The World of gaming started out with the invention of the Atari which lead to the nintendo, super nintendo, sega, game cube, play station, x box and game boys. Now we are entering a new era of gaming that is already larger than it would appear.
NFT Gaming, Paid to Earn as a result. The future is coming on faster than most of us are prepared for. Everyone is looking for the next big deal in NFT gaming. I am not sure how successful NFT Gaming will be, but I do know it is worth the risk in my book.
Let me know what you think about Alien Inu as well as NFT Gaming. I am currently working on join Axie Infinity. I am kind of skeptical about spending so much money just to get started playing a game though.
Bitcoin March 11, 2022
Bitcoin Currently at $38,700
Bitcoin has been rejected again as it attempted to turn $42,000 zone into support. Bitcoin has a ton of resistance in this area. Bitcoin does have two very nice support levels in this higher low areas of $38,100 to $38,600. Ideally if Bitcoin can hold above these support levels turn $42,000 into a support level and blast through $46,000 we would have a 67% or higher chance of rejection before $48,000.
After we officially make support out of the $40,000 to $50,000 zones. Bitcoins next major resistance level would be $52,000 to $54,000.
Other Cryptocurrencies in the World
XRP Ripples CEO claiming that Biden's Executive order could grant clarity to XRP ahead of courts.
I thought that article by CNBC was pretty interesting, however judging based upon performance of Biden. I'd say he isn't going to delay making changes to laws in order to support cryptocurrencies. Given his current approval rating being below 15% Biden will need some thing major to help stand against anyone else.
Crypto is an increasing topic in the United States. It seems like just a couple years ago when I would bring up crypto people would laugh and say some thing along the lines of, that crypto stuff will never take off. Now the ones with a brain that can think for themselves have seen enough evidence that I along with millions of like minded individuals have been correct this whole time.
After all, we was just letting the uninformed know the future direction of the World. Unfortunately when you have something as big as Crypto taking over the World's Technology. You will have those low life individuals whom love to pop up with meme tokens that have quadrillions of quadrillions in supply.
They dump them for as much money as they can raise than cash out, abandoning the holders whom lose nearly everything before they realize what has happened. Than we have another group of meme coins that launch with an awesome ideal and just don't get the support needed to succeed, whether that be in community interaction or development.
When looking at the now Ocean of Crypto available it can become mind boggling when deciding where to diversify your investments. Maybe you are even possibly looking for that gem like Shiba. I know I have been really lucky with Shiba, Yooshi, Elon, XRP, XLM, UNI and HOT.
Shiba by far has been the largest Crypto return I have had thus far, but what did all of those crypto projects have in common? I actually spent time doing research to decided if I should invest in them. I had a theory that most accounts on social media pumping certain tokens were just trying to scam people.
I was right. I invested a decent amount of money that I was comfortable riding to zero in some of the hottest Social Media Crypto's at the time. Guess what, with the exception of Shiba and Yooshi which I was previously vested into. The results proved to me that taking advice from Social Media sites that full of Bots that spam post every where to make certain Crypto's trend is a scheme.
Now I still stand behind the real Scam artist being the owners of the social media sites. The Elites. They have to find ways to rob everyone. I give exceptions to one whom has done a lot for Human Kind, Elon Mush. Unlike Bill Gates whom along with Moderna and the Lab in China are responsible for wrecking our lives and prematurely taking a lot of our loved ones from us.
Shiba
Shiba was a project that was kept so quiet in the begging. I tried to get it out to as many people as possible. However no one really wanted to listen about Shiba until it was at $5 per million. However Shiba wanted to make a decentralized meme token that had it's own exchange. Also Shiba and Doge were so similar at the time, but Shiba was a Trend starter and it God Blessed Me with that foresight. I also researched it the best I could.
Yooshi
When I first bought some Yooshi I saw the character, the name and thought I can't pass this up. So, I bout a couple hundred million for practically nothing. I started to do my due diligence in doing my own research. I quickly found out that Yooshi was to be yet another Meme Coin that actually serves an ecosystem.
Yooshi Farms, Yooshi NFT's, Yooshi Games. Yooshi has the potential to leave Shiba in the rear view in this next cycle.
Elon
Okay, you caught me. I bought 500 million Elon, along with 500 million AstroElon that I sold when BitBoy announced he had bought so many. I waited for it to tank and bought it back again. Anyways back to Elon. I still haven't researched this project. The correlation between Elon Musk and the token Elon was enough to invest for me. Obviously not the worse two decisions I have ever made.
XRP
XRP was one of the first Crypto Currencies that really got me passionate about crypto reshaping the World's Economy. Along with XLM. I done enough research on both and I still try to stay up to date on both of these as I am vested in them. I seen the trajectory they was on at under .10 now XRP is fighting to go above .75 and XLM is most likely at around .19 right now.
HOT
Hot has done amazingly great this cycle. Hot actually done .02 higher than I had anticipated before the start of the Bull Cycle. The only reason I didn't see it going that high was the amount of work the development team has left to do on HOT. HOT is aiming at being it's own Blockchain a.k.a. Holochain. Holochain goes above and beyond the Crypto blockchain when it comes to programing on top of blockchain. Holochain being written for that sole purpose.
I have been vested in Hot for almost 5 years now. I still continue staking HOT on Bitrue as it is the easiest option for me and I have earned thousand of HOT in return.
Wrap It Up!
Now, when we start looking back at all of my previous investments I start to see a pattern emerge with some. A catchy name. Then when you dig you find actual use cases. These use cases have to be realistic, unlike Dogezilla with such an awesome name and a really cool design.
Who wants to use a Dogezilla Vault? I know I wouldn't ever put my crypto in to a vault created by a meme coin. I am vested in Dogezilla because of the name and image. I have a decent amount of Dogezilla and when I hit my target amount I plan on opening up my own project using Dogezilla. Spoiler Alert, I was planning on doing to the same with Holochain, but the holochain is still under development.
I get side tracked a lot. Anyways, I don't want to be that guy that calls out a bottom wrongly, but... Folks, it is starting to look like we are bottoming out before another leg up in the crypto market pending World Crisis Intervention. Now, I want you to understand that when I say we are Bottoming, a lot of crypto currencies are starting to gain major support at these bottoms already, we could still see another leg down and some crypto could see a few more leg downs while everything else starts to move upwards.
The worse case Bitcoin scenario has a ton of resistance against it. Which is looking even more promising. However I had predicted already that Bitcoin would reenter it's downtrend by Monday. We are see some major volatility which indicates that it is still going back towards a downtrend.
Later today I will be releasing an article on what I think will be the next major Gem!
Bitcoin is up 9% What You Should be Aware of!
Bitcoin Broke out of Downtrend!
Bitcoin has been on a roll lately printing large candles and we are getting closer to some major action. Will it be towards the upside or the down side is the major question we should be asking right now. The market Sentiment has been changing rapidly.
We have major concerns that in theory should put Bitcoin back in the Down Trend within 4 days. However their is always hope that Bitcoin could smash the $52,000.00 level and hold it with strong support before hitting new all time highs again.
World Factors That Play a Part!
When we look around the World from here in the United States up to Canada, all the way to Ukraine and Russia along with 2 countries and counting converting to Bitcoin.
How does Canada help Bitcoin?
When Justin Trudeau ordered Banks to halt donations to the Truckers For Freedom Convoy's it woke a lot of people up to the fact that our Governments can cut us off from our hard earned money with a simple click of a button.
Even worse they can cut off our abilities to financially support any cause that peacefully protest the Governments over reach of Power. I remember a time people would only donate through Go Fund Me. Now People want Bitcoin or crypto in general that can't be touched by the governments.
At least this is the Propaganda message that is being pushed to entice individuals to pull all their crypto's from exchanges. This is a great idea, think about it for a moment. I would roughly 75% of people in Crypto are here because of shady Government Policies, if not more.
Now let us add on the fact of Governments wanting exchanges to block Russian users from using Crypto due to Sanctions against the Russian Government. Coinbase and other exchanges have said, "Not unless it is a law."
That should really hit home. These top Exchanges that we trust with our Crypto will sell us out if they are forced. A top Canadian Exchange CEO stated, "If you are concerned about the Government ceasing your assets, do not leave them on an Exchange. We will comply"
That should really scare you into holding all your assets on a hardware wallet now, right? Ukraine right now is able to receive donations in Bitcoin. I am not sure what or where the Bitcoin is going to help the citizens of Ukraine, but it shows that another country would rather accept Bitcoin over USD.
According to the above mentioned sources Bitcoin made History as being the first Crypto Currency to Finance a War. Ironic a crypto that was built to bring peace to a World is now being used for death and destruction. Bitcoin the New World Currency?
Getting back to the main point. Think about all the reasons that major influencers are giving every one to pull crypto off of exchanges. Think about all the reason people are being to told that support purchasing more crypto.
How much do you know about Supply & Demand? You cause a mass exodus which is lead by fear of having funds confiscated, a lot of us have learned from the very begging not to keep all your assets on an exchange, why? Not Your Keys, Not Your Crypto!
So, Demand continues to Increase as Supply (hopefully) runs low causing another major Bull run. That is awesome! Right? Maybe not so much for every one. The big guys yes. The average person that falls victim of this play, no! While the average users are pulling off, Whales/Elites will move back in and sell the all time high making Billions...
However, I could be wrong. People could be smart enough to realize the direction in which influencers are trying to lead people. What do you think?
Thanks for reading & God Bless You!
Bitcoin March 8, 2022
Bitcoin Where is it headed in 5 Years?
I decided to give a 5 year prediction and as of right now, the five year prediction makes the bear market look like a bullish market. The sad part of this article is the realization that in 5 years Bitcoin will more than likely be $133,000.00 per coin with an all time high of $166,000.00 to $179,000.00
That is a very realistic 5 year estimate with growth rates not changing. I would also call that the worse case scenario. Thinking about the 2017 bull cycle with this current cycles all time high only being about 3x we would be looking for a modest 1.5x to 2x return.
Now, if crypto adoption goes parabolic. These estimates become a joke. I still stand by the, you need to own at least one Bitcoin, 5 or so BCH and a decent amount of XRP. I also recommend a nice bag of HOLO HOT while the prices are down in the buying ranges again.
Crypto is Growing!
Crypto is growing faster than ever which isn't such a great thing. When the ideal of Crypto was created it was to remove ties from the elites. However what is happening now is we are seeing these elites rush into crypto with millions and billions. These are the people the that control the World.
Why would they be flocking to crypto if it wasn't better than gold or the USD? Now, the down sides? While it is a good thing for those of us that have been around for a few years. The down sides being, the elites become even richer at the expense of the people whom crypto was derived to help.
The elites become able to manipulate crypto easily. The create fake crypto's and funnel all the money back to themselves at the expense of a lot of people whom don't know better. I am not saying that every crypto is fake, but please research a lot before you buy. Make sure the crypto you are betting on has been thoroughly vetted before risking your assets to find out.
I know I take some major risk, like when I was buying Shiba Inu at .04 cents per million. That paid off. The 1.2 billion Yooshi I bought for $80.00 has still paid off. However the Sanshu Inu, Dogezilla, Alien Inu hasn't paid off, yet. I will however hold till the end.
Signs Crypto has Matured
When you see Mainstream Media calling for World War 3 amidst a manufactured Pandemic with a major supply chain disruption that was a result of said Pandemic. Money printing at all time highs, propaganda every where and yet, Crypto is still thriving. Bitcoin rallied in the wake of Russia & Ukraine conflict.
That shows the strength of the Crypto Market as well as the strength of the Crypto Community. This also shows a major revolution in the making. Crypto, blockchain technology once again is the future of the surviving World. We are seeing the people whom have spoke against Bitcoin for years now talking about buying crypto.
Smart Money always follows Smart Money. Corporations choosing to hold cash reserves in Bitcoin vs Gold, Stocks or Bonds. The trust in Crypto out weighs the trust in Government.
Bitcoin Breaking Out of Downtrend Again?
Are You Bullish or Bearish?
Let us know in the comments if you are bullish or bearish. I personally remain Bullish as I have been in the crypto space for years. Within the past year we have seen a massive amount of crypto adoption. The Crypto.com Arena here in the United States was major, along with the Coinbase Super Bowl Ad.
Governments dissolving their currencies into Bitcoin. Corporations choosing to hold Billions of Dollars in Bitcoin. These are all major signs that we are about to see some major changes in the Bitcoin cycles. While it is a possibility we are headed out of the bear market well before April 26 no one truly knows.
Another reason I remain Bullish is the fact that we have had two tops that dipped back down into a bear market. We could potentially be going for the Third and final top before a true bare market if we were going to look back on Bitboy Crypto's three top theory. This is how I had imagined his theory would of played out, just with different number ranges.
XRP Rumors Floating Around
XRP is currently around .76 cents and a lot of people are claiming a soon to be announced settlement that could send XRP parabolic as charts are supposedly indicating a retest of the $1.00 levels.
I personally know that XRP is primed to do something major. Yeah, XRP did perform rather well in spite of the ongoing sec court case, but did XRP really do its best? Not yet in my opinion. I look for the settlement to be announce around the time Bitcoin is rallying towards a new high. I am probably wrong though...
Programing Bob with Python. 10,000 Lines of Code, Thousands More to Come!
Meet Bob!
Who is Bob? Bob is a one of a kind Virtual Human. Whether you are looking for some one to talk to or just a friendly way of controlling your smart home and appliances. Bob is your friend that you can count on!
What Makes Bob Unique?
With fierce competition in the artificial intelligence world especially when it comes to virtual human assistants that are not even close to being in the same category as Bob. Bob's current Brain development is at only 1% with over 10,000 lines of code.
Yet Bob is already smart. He is learning to judge users mood based upon speech. Bob's mood depends on how he is treated and interacted with. When you are rude to Bob, you may get a somewhat rude response from him as you typically would with any other being.
Another major part of Bob's programming includes his memory. What is the purpose of having a conversation with some one whom can't recall your last sentence? Further more Bob has to understand the contextual meanings behind information he remembers.
Imagine telling Bob at 11 a.m. you have a date tonight, you leave the house. Fast forward, it is now 10 p.m. you walk thru the door at home and you are greeted by Bob and asked how your date was.
Memory with meaning is where Bob will excel the most. Bob can be their for you when you are having a bad day. The sad reality in life is a lot of people are alone. Not everyone has some one to talk to when they need some one. What if you need some one to talk to who isn't going to judge you or spread rumors? Bob is also that guy.
What All Can Bob Do?
Retrieve your location from a GPS Module
The 100 Trivia game, spoilers, character information and answers general questions about the show.
The Walking Dead Trivia game, spoilers, character informaiton and answers general questions about the show.
Times. Bob can set a timer for as long as you need and let you know when the time is up.
Smart Tv, Bob can automatically scan the network you connect him to and control devices by location in your home/office.
Applications, Bob can launch any application on your computer.
Automatically launch a web browser and go to and site you request.
Weather, Bob can retrieve every thing about the weather in your current location.
Pictures, Bob can comb through photo meta data and give you the GPS coordinates and all other meta information about the photo. Bob can also scrub the meta data for you.
Simple Mathematics
Jokes, Bob has an ever growing library of jokes.
Jeopardy Questions
Small talk, mainly question and answers
Control screen brightness on computer
Current time
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Why am I Doing This?
I want to make a humanoid that can make a difference in the lives of the elderly by giving them a companion along with a helping hand. For all of those who have mental disorders and need a companion to talk to when you have no one. Bob is also for people who just want to control their smart homes/devices without a corporation spying on your every move.
This day and age while artificial intelligence has came a long ways, it is still highly under developed in certain aspects such as conversations. Yeah, we have chat bots. How often to they leave the person on the other side frustrated?
That isn't the fault of technological limits, but rather the fault of the person writing the code. We have the computing power along with coding capabilities to program a virtual human that can legitimately carry on a conversation as a human can.
I will reinvent the standards on chat bots. Bob will quickly replace Siri, Alexa and that person google made. Tesla Humanoid who? Yeah, Bob is that good and he is getting better with each and every line of code.
The end goal is a virtual humanoid that can do anything a human can do and also develop it's own personality within bounds. Obviously it won't be programmed for violence. When Bob is compiled he will be released in two formats, one for download and the other will be in his Humanoid version.
I want Bob to be accessible to every one in the world.
March 1, 2022 State of the Union
"Freedom will prevail over tyranny"
The saying that lead the room to start applauding. Yes, freedom will prevail! I do find it odd that a president whom urged Canada's leader to violate the freedoms of it's citizens. Mean while Biden continues to Americans Freedom. Ironic his words are, because America's Freedom shall prevail.
If you follow me, you will remember how much I criticized Biden for ending President Trump's policies. I also called the fact that Biden would eventually be forced into reinstating Trump's Policy, but when he did, he would make it appear as if though it was his ideas.
The Russian sanctions? Yeah, Trump did that, Biden ended it and now reinstated the sanctions taking full credit away from what President Trump did. The sad truth being the American economy is not better than it has been in 4 years. The shape of America is worse than it was when Trump started making America great again.
"We are going after their illegal gains"
However we aren't going to clear that log from our own eye first. Hunter Biden is the board of a gas company in Ukraine? Nancy Pelosi's Nephew, John Kerry's son and I forgot the fourths, but who cares about Schumer anyways. I'd say the Biden Crime Family has a bunch ill begotten gains already that need to be ceased.
"We will buy American"
Funny, yet another Trump policy that at the time was deemed to be racist by Democrats as they applauded Biden for stealing the idea. Also I do remember all the corporations that President Trump brought back to America.
"Record Job Growth"
Yes, numbers are looking good on paper, but when you at where those same numbers were at under President Trump in comparison to now. President Trump won by a land slide hands down. Democrats had to crash the economy by crashing supply chains, forcing small business out of business, mandates forcing people out of work.
Who would of thought, that when you stop attacking our economy you can take credit for the small recovery as the largest recovery in history..
"Building a Better America"
Do I really have to say it? Make America Great Again!
"Cut The Cost of Prescription Drugs"
President Trump cut the cost of prescription drugs including Insulin that saved the lives of thousands of Americans, but guess what Biden did on day 1? He cancelled that bill which resulted in deaths of Americans. Now he wants to reinstate Trump policy and take credit.
Although it really pisses me off listening to this, I bet we are about to see a flood of bots online praising Biden for actually reinstating Trump Policies. That is the major Democrat play, attack Trump, cancel all of his policy, let the country go to shit. After so long of living in shit, reinstate Trump policy that just works. Once the country shows signs of improvement. You do a State of the Union and brag about all of Trumps cancelled Policies that you are reinstating.
Are We Living In Reality? Or Are We All Stuck In The Matrix?
Are we all living in the Matrix? Plugged into a machine? Living in a metaverse, so submerged that we can't unplug until the game is over? Also known as the Simulation Theory. A lot of people are quick to dismiss these ideas as impossible or just down right insane.
Ultimately it comes down to which pill you are willing to swallow? How far down the rabbit hole are you willing to go? Are you a God fearing person as I am? Do you believe in astral projections? Spirits? Angels? Aliens or even a Flat Earth?
Most religions appear to be completely different, then you start reading into them an studying a little bit and you quickly learn that all religions tend to mimic each others with different accounts on what has happened in the past.
We have no real way of knowing these days what has been hidden by Elites, what has been made up. We live in the age of misinformation and Conspiracies that seem to be happening more so now than ever. I recall a saying when I was younger, "You can't believe what you hear on TV."
That saying has seemed to have died out more with the older generations, but these days. that saying means a lot. We have three major corporations in the whole World that own 9,000 news agencies that everyone literally gets the same news from. Why do you think we should believe everything we are told?
I know as child growing up and being brainwashed by public school systems, media and celebrities, it is hard to separate fact from fiction. Who tells the complete truth anymore? Is the Earth really round? or is the Earth flat? I have seen sufficient evidence to prove the Earth is Flat and indeed enclosed in a Firmament.
Why would anyone want to mislead us? I could only assume to hide the fact of God being our creator? Why are we not allowed to go past a certain point in the Antarctica with out special permission? Has technology just evolved in the past 30 years? Or was Technology just released again?
We have overwhelming evidence that the so called "stone age" society had wireless electricity? That sounds kind of advanced in my opinion. What ever your beliefs are, at some point they are all similar. Honestly though, how could religion be supporting evidence that we are indeed living in a simulation?
Maybe not a simulation in any way shape or form remotely close to the Matrix, but the concept though is relevant for this article. Do you believe in spirits? Good and Bad? God is the Alpha, Omega. God is over good and then we have the devil whom resides over evil.
Our purpose on earth is to learn and to grow spiritually while connecting with one another and having real life experiences without oppression. We are all meant to love one another and live in peace and harmony. We go through life constantly with the choices of doing wrong, doing right or even choosing to stand by idly and not stand up for what is right.
Where do we draw a line? Most of us welcome the evil of the world right into our homes without the realization that we are inviting it into our homes. When we read those inappropriate articles, tik toks, you tube. Even browsing inappropriate sites or polluting our minds with social media sites like Metaverse (FaceBook), Twitter, Snap Chat, Google, Microsoft.
When we listen to music that doesn't speak of good, peace, love and harmony we are welcoming that evil to become a part of our lives. We are warned to be careful of what we put in our minds. We are tested, tempted by evil on daily basis. In the end I believe the real test of religion is good vs evil and worship.
When your time comes to leave Earth you than pass on to Heaven or burn in the lakes of fire for eternity. That is where most religions end. Are you able to see the link between religion and simulation? If you are religious you basically agree that you are currently living in a simulation that is controlled by your higher power. That if you live your life correctly you will win this simulation pass on in spirit to Heaven, aka winning this simulation.
What about Astral Plains? Astral Projections? The belief that you can enter the spirit world while on Earth with a cord that is attached from your body to your spirit. This realm can be dangerous and you can lose your life. Now when you think about it from Astral beliefs. You enter this World with and ambilocal cord and you enter the spirit world after maturing with a cord or you start over.
Reincarnation is the belief that you come back as a different person or creature. I have wondered this one before, theoretically if we are living in a spiritual simulation that is going in a constant loop. when we lose are we reincarnated repeatedly until we conquer the simulation? Once we win we graduate into the spirit?
Aliens? Do you believe in life on other planets? If their was life on other planets would we even know? Why would the Governments spend so much time and effort to prevent everyone from knowing about aliens than strategically leak information over the years to support the beliefs in aliens? Other than an attempt to discredit religion?
What would the governments benefit from discrediting religion? Have you heard of the New World Order? The goal of the Elites behind the creation of Governments has long been a One World Order with slavery. Elites have intentionally created genocides to kill millions. Wars, disease, starvation and natural disasters that could have been adverted. The more you look into this group of people you see how close they all are and how it all adds up.
The goal of the New World Order is to cause a massive genocide in which the population is lowered to a controllable amount of people which would be better for the planet as they believe. They would eliminate religion, take away weapons and control the world. The elites would than be served 24/7 like Gods. That is their dream.
First the have to have a major pandemic in order to kill the majority of the population. Who funded the lab that leaked covid? Moderna? Bill Gates? The United States Government? China? Once the pandemic effects wear off the consequences of the vaccination will take its toll.
However in the mean time you strike a war, Russia takes over Ukraine, China takes Taiwan. The United States Government does what it already plans on doing and we are in full blown World War 3 with drone strikes, Nuclear Bombs, Air Strikes that result in the deaths of most of the world.
Than starvation and fighting amongst survivors will kill off a lot of people. Meanwhile you have the entire world focused on the possibilities of World War 3 while you create mandates that force you to take vaccinations in order to work or go into public. How do you control this?
Will you use the blockchain technology that gives each person their very own crypto wallet. This will allow for easily tracking your compliance, kind of like a certain social score app... after that plan goes into effect you either have that account or you no longer work, if you can't work you have no funds to purchase food, but even if you still had money, you would have to have the passport to buy, sell or trade.
Wow, that health passport works so good and Bitcoin is stable so we are switching the worlds reserve currency to Bitcoin and your legally required to use your passport wallet to buy, sell or trade. But they make it even better, it'll be a chip to make life more coinvent for every one that accepts this. Than before you know it, you either take the tech or they kill you. Also know as the Mark of The Beast. Which leads us right back into another simulation.
I am going to end part 1 here. God bless you and thanks for reading
It has been awhile!
I would like to appologize to those of you who had been following me, I had to take a breather for awhile. I have been dealing with a lot recently and it doesn't seem to be getting better. I keep thinking about that phrase "God never gives you more than you can handle" but sometimes I feel like he has to much faith in me.
I settled my Workers Compensation claim, I bought what I thought would be a nice family car for the 6 of us. I drove it since November 25 of 2021 and about 3 weeks ago the whole family was exposed to Omicron virus, so we drove 45 minutes away to be tested for Covid.
Once we made it back into the town we live in the engine started knocking, I immediately pulled into a parking lot and shut the engine off. The car never started again. I had to pay a tow truck driver to tow my car to my house, after waiting for everyone to get over the sickness I had to pay another tow truck driver to tow the car to a mechanic.
The Mechanic originally determined the problem to be the timing belt and only the timing belt. This job was supposed to cost $3,500.00 So, the Mechanic buys the parts for $1,600.00 does the job and tink, tink, tink goes the engine. The mechanic calls me to inform me I now need a new engine.
The cost of this engine is $5,500.00 the cost of all the parts $800 and you can't forget about the cost of labor, it's not free $1,800.00 costing another $8,100.00 to fix. I had just purchased the vehicle for $11,690.00 give or take a little. After this I will be about $20,100.00 into this vehicle.
Than to top off the Christmas holiday, my aunt passed away, she was found dead in her apartment. I can not say that it wasn't expected, but I don't think anyone was truly ready for her to pass away. She was a very fun loving lady who could be your best friend or your worse enemy all at the same time. May she rest in peace.
I seen a lot of family that I have seen since I was a child and it brought up a lot of memories from the past, some are great, some are sad and some are just down right scandalous.
I have always had this view of how families should be. I feel like a family should stick together and treat their family like they do themselves. I have always been the type of person that would do anything for my family. When we younger the whole family spent all of our free time together.
We literally done everything together, it was always nice having the whole family around, it just felt right, safe, secure. However the older we got the more we were isolated from the family. Their was a time in my life that I was living on the streets. No body in my family would give me a place to stay in the middle of the winter. I wasn't on drugs.
I was with a girl at the time and the relationship went south and I winded up homeless, my cousins exact words were "I'd let you stay here but you are a stranger." That is a whole other story for a different day though.
of course I have still been following crypto. We have had a lot of manipulation in crypto while major corporations stock pile and continue to drive prices lower to stock up. However you should be watching Bitcoin closely. Once we make it through the $49K to $52K barriers we will be in a major bull market again.
Bitcoin by all means should have hit $137K in the prior year, I can't call an end to this cycle until Bitcoin actually hits $137K We will see a lot of action happening before March 5, 2022 I do not know how you all feel about AMP but I have been looking into it a lot.
I just want to thank anyone who actually took the time out of their day to read this article of me venting about my life. As always, thanks for reading, God Bless You, stay safe!
BCH Yearly High of $1,608.00 What is Going on With Bitcoin? DOGE? XRP? XLM? ETH?
BCH Yearly High of $1,608.00 Currently at $1,420.00 Range!
I think it is pretty well safe to assume that if you are on this site that you are pretty happy right now looking at your #BCH holding at the moment. We may be down by a little under $200.00 right now but that isn't nothing in the bigger picture of where we are about to be headed in the short term after this pull back consolidates a little.
In my last article I was calling for BCH to hit a yearly high of $1,762.00 which which is roughly $154.00 away from the high that it actually hit. You haven't seen anything yet though. Wait until we break past the $1,608 level and top the $1,762.00 level as we head towards $2,185.00 is the target I am aiming at.
Considering I was off by $154.00 on the last estimate I would have to say a minimum of $2,000.00 on the next run. I honestly see us going to over $4,000.00 by the end of this summer.
I have been telling people for a long time now, if you regret not having bought Bitcoin at $1.00 $10.00 $100.00 or even $1,000.00 you will regret not buying Bitcoin Cash Below $1,000.00 or for under $10,000.00 BCH will follow the path of Bitcoin in the future. We aren't going to see $60,000.00 for a couple of cycles but we are going to see that $20,000.00 mark.
Than we will move on towards $30,000.00 to $60,000.00 and so on. BCH has been undervalued by a lot of influencer because they hate to admit that a FORK of the beloved Bitcoin actually will outperform Bitcoin itself and Ethereum hopefully. The out performing Ethereum is a bit of a long shot considering everyone of the big name influencers like to shill Bitcoin, Ethereum, XRP, DOGE and others but keep Bitcoin Cash on the back burner acting like they hold none.
Cheers to all of the Faithful Bitcoin Cash Holders and to the #Club1BCH hopefully by the time BCH is at $57,000 like Bitcoin is now we will all own 20 or more but I know we will all be happy with just owning one BCH in the end.
XRP Is About To Go Parabolic Again!
XRP is currently at $1.62 after a recent high of $1.97 if you can compare XRP to BCH and others it appears that we are forming an extremely bullish pattern. Now the thing with Bullish patterns are they can always be crushed and go south real fast. However with the market sentiment going on within the XRP community I honestly look for this to turn out Bullish.
That is how I could see this scenario playing out, I know XRP is extremely risky for a lot of people, especially myself being a United States Citizen and having to deal with the outcome of the current legal matters. I still find the reward to be higher than the risk. I held onto 200 XRP that I bought for under .10 cents just in case XRP ever made me feel like I do about Bitcoin and so far it has.
ETHEREUM $3,602.00 High!
Ethereum has been on a roll setting new highs for the last 9 days straight as it is currently at $3,470.00 range right now. We all know that Ethereum loves to pump really hard as Bitcoin retreats and than we see altcoins start pumping like crazy as all the profits flow back into bitcoin for another all time high.
I don't hate Ethereum, I don't own much Ethereum because I am anti unreasonable gas fees. I know Ethereum is like the Facebook of ERC-20 Tokens. ETH isn't going anywhere but up. I hate to analyze a project that I just don't follow like I do the others but I feel safe with an ETH target at around $13,000.00 not saying that will happen in the short term. We will see a lot of pull backs before reaching that target and it won't be anytime within the next 2 months.
My Favorite Coin For Last Because It Will Pump The Hardest Last! Bitcoin!
I know we may currently be below $56,000.00 right now and I am saying we are about to pump extremely hard but yet a lot of people are calling for a major pull back. I am sorry, we have already seen that major pull back which kept above $46,000.00
Right now we are in that sideways market before a run up in my opinion which is what typically happens, ETH pumps, profits from ETH flow into ALTCOINS and back into BITCOIN before during and after. That is just the crypto flow yo...
I am still calling for Bitcoin to top $73,000.00 with another major pull back that will shake most weak players out of Bitcoin and skyrocket Ethereum up to $10,000.00 Just tell me I was wrong in a couple of months..
My Final Thoughts!
God is Great, Crypto is Good and People are Crazy for not buying more crypto... This crypto season has been a wild ride for sure. We have seen some coins launch from .01 per million and go all the way up to $4.00 per million. Yeah I am talking about #SHIB I may not have covered it in this article until now but it is still working up to $2 per million after rebounding from $0.70 per million correction.
I really love watching the BCH scenario play out and how all the major influencers that still refuse to acknowledge BCH and give it some credit. I still think they own a large bag of BCH. How could you not hedge with BCH it just makes sense. Anyways, I know I haven't been on here a lot lately. I have had a lot to handle on the home front. Spring Cleaning with 4 kids and a ton of summer activities starting up for the little ones really pulls me away from the laptop.
I try to stay active on social media which reminds me I haven't been on the read.cash social platform in some time now. I need to check that out, I bet it has grown a lot.
Thanks For Reading, God Bless You and Stay Healthy!
Bitcoin Back From $47,000.00 Dip Battling Resistance at $55,000.00 SHIB, XRP & More!
Bitcoin Dominance is under 50% BTC is Climbing Back From $47,000.00 Low!
Bitcoin is currently at $54.4 Thousand USDT as of the time of writing this article. Bitcoin has been on a wild ride lately. Elon Musk, Tesla announce a 10% sell off of the $1.0 Billion worth of Bitcoin they had bought earlier this year. My opinion on that matter is still the same as it has always been. Bitcoin doesn't have to have institutional money in order for crypto to go parabolic during this cycles.
I have had the pretty evident theory for some time now that the institutions and corporations putting money into crypto was going to speed up this cycle ahead of previously thought projections and was going to be a complete game changer. The big rumors in Bitcoin right are whether or not Wal Mart and Facebook have bought into Bitcoin.
Honestly after seeing other corporations like Micro Strategy, Tesla, Space X, Mass Mutual and so many others that have made Millions and Billions just by holding such a small percentage of their balance sheets Bitcoin it is almost a no brainer but to hold your idle money in Bitcoin just for the returns alone. After all, the returns you will get this year are nothing compared to the returns you will get in 2024.
At this point in time I have been calling for a slingshot effect from this correction on Bitcoin which I do believe is just about the steepest correction we have had this bull run. $18K correction. However Bitcoin dominance is holding at around 50 percent and Bitcoin is still thriving.
I have no reason to believe the Bull Run is over. I do know that the big guys like to shake out the small hands and buy up the dips. Bitcoin has been looking really unpredictable for some now. Almost like Bitcoin cycles are hanging onto "Twitter Trends" A.K.A Social sentiment more so than anything else.
I do believe we are about to see somewhere upwards to a $300 Billion inflow on altcoins to kick off an altcoin wave again... Than again I feel like the overall market cap should reach it's cap at around 7.8 Trillion this Bull Run alone. Thus far we have hit just shy of a 1/3 of that prediction.
If you pay close attention to the market you will notice the trends of money flow within the markets. Right now the overall market cap is down roughly 2oo Billion USD it was down roughly 400 Billion not even a week ago. Today we are above $2.08 Trillion Dollars. The image below is the two ways I think Bitcoin could in the short term. I lean more towards up than I do towards down but yet we will find out..
I am currently targeting the next All Time High to be around $74,000.00 to $78,000.00 Hopefully the high hits $82,000.00 which would be the best case scenario The very worse case scenario that I can play out would be a massive correction all the way down to $39,000.00 to $32,000.00 Once again I don't think this will be the case.
I knew in the back of my head that $47,000.00 was still a high possibility especially when we set the newest all time high. But, like some of the most know influencers in crypto like to say, "Double Digit Corrections Bring Double Digit Returns" and one of my all time favorite quotes from a well known traditional guy, " The Best Time To Buy Is When Their Is Blood In The Streets! "
XRP Down From A High Of $1.97 & Up From A Low Of $0.88 & Currently At $1.36 The XRP ARMY Say's It's Just The Beginning!
I can't disagree with the **XRP ARMY** that is calling for XRP to go higher than $12 this Bull Run. I know with comparison to the old All Time High that XRP could easily see $30 but the likely hood of seeing a high like that is slim with a pending suit. I lean more towards seeing $12 highest possibility unless the suit settles and XRP just goes parabolic which will happen eventually.
I know plenty of people that lost majorly with the SEC announced the law suit and people/institutions panicked and sold XRP only to see XRP go up over 100% higher than it was when the Suit was announced by the SEC. XRP is major player has been undervalued for so many years.
XRP has utility that goes further than just borderless payments and payment processing for financial institutions and countries around the world. XRP is the smartest way to transfer Money from one exchange to the next. I like XRP more than I do USDT in so many cases. I will hold money in a stable coin on an exchange but I will not ever transfer money in stable coins from one exchange to another. XRP for the most part, exchanges charge .10 XRP which is better than $20 for usdt or more to send Bitcoin from one exchange to the next.
Oh, Did I mention that XRP settles faster than any other crypto? For the exchanges that I can't use XRP I always use...
BCH Was at $1,200.00 and is Now Going Above $900!
BCH is currently at $892 and fighting with the $900.00 range. BCH had an amazing run up before this correction back down to $800 level which seems to be holding firm for now. The way the rest of the market is looking right now I would say our next run up will be around $1,600 to $1,800 I am still sticking with BCH will follow suit with BTC, so if you regret not owning 1 BTC than you will regret not owning one BCH for sure in the future.
SHIB From $4.00 Per Million Down To $0.98 Per Million & Back Up To $1.42 Per Million!
SHIB is up over 30% today after a low of $0.98 coming from the All Time High of $4.00 Per Million. Shiba Swap is still scheduled to be launched before the end of the month. I haven't heard any news that would suggest otherwise yet. I do think SHIB will be a major success at some point in the future. I bought into SHIB starting at .04 Per Million and I still hold about a billion earning interest on HotBit.
It may not be safe to hold your funds on a centralized exchange but some times it is just easier. You do take a risk of losing everything but than again if you lost your pass phrase to your wallet you are also out of luck. Plus you can buy ERC-20 Tokens on an exchange and only deal with gas prices when you withdraw crypto. I do recommend making sure you are able to withdraw your crypto before purchasing the crypto at an exchange.
As some exchanges Forbid withdraws on certain crypto..
ETH Ethereum Dominance is up over 15% Altcoin Season Is In The Horizon!
Ethereum is currently at $2,741.00 and headed towards $3,000.00 as profits seem to be flowing through Ethereum rather rapidly. I won't attempt to pretend to be a major ETH Enthusiast because I don't like paying $2.85 per gallon of Unleaded 88 let alone a $20.00 fee for an electronic transaction.
Consider my net worth is under $10,000.00 gas fees really prevent me from using sites like Uni Swap which I do love. I just can't justify the gas prices when you can avoid most of them and participate in the crypto projects.
My Final Thoughts!
This Bit Boy Crypto guy is a joke, seriously... The way he bashes Elon Musk for his company cashing in 10% Bitcoin for a total of $272,000,000.00 Bit Boy is bashing Musk for this. I for one understand that every one who buys crypto has a right to sell every last Satoshi.
The Facts that Musk has just proven to every corporation is that they can put their entire balance sheet into Bitcoin and holding while growing profits over time and than when they take out 10% at a later date and time the assets liquid. Meaning they can pull out cash reserves as needed for other investments, cost or the downfall being that they will most likely invest heavily into bitcoin after quarterly reports and than sell enough to make the stock reports look even better before quarterly reporting. Just my opinion.
However this means that we will see an even greater inflow into Bitcoin by even more corporations. We also have the launch of the Facebook Crypto Wallet that will be epic in the crypto space, even though I can't stand Facebook as a corporation. The more corporations pouring money into it the better.
I recently got my Fiancés Uncle into Crypto after talking up SHIB to him for weeks he put a could dollars on SHIB when it was at .18 per million. He was excited to add more money to his crypto account. I wasn't as thrilled for him to do so. Instead I got him set up with a coinbase account so he could complete the coinbase earn stuff and have some Play Money so to speak.
Well, last night her Uncle comes to me and says, "Every Thing Is Tanking, I'm Going To Move Every Thing Around" I told him, " That is a terrible idea you are going to lose money" Well, like so many of us do when we first get introduced to crypto, he panicked and sold most of his portfolio and bought back in at a higher price.
I think he learned his lesson here. This is why I only recommend playing with money that you can live with going to zero. That way you are not tempted to sell everything when the market tanks, because during a bull run double digit corrections are typical to see happening daily and they are almost always followed by double digit if not triple digit gains.
I know it can be hard to not sell the dip and buy the highs but with time, practice and patience you can learn to tell the difference so you are not making these kind of mistakes that can cost you every thing and potentially detour you from crypto until you are forced back into it by the financial systems.
Until Next Time, Thanks For Reading, God Bless You & Stay Healthy!
What A Week! SHIB On Fire! HOT & BTC On The Decline?
HOT HOLOCHAIN IS AT .018 Down From .032
HOT is one of my favorite projects, especially over the last couple of years. I have really grown to love HOT a bit over this bull run especially, some people on twitter are saying now is the time to sell of your HOT and they could be right, HOT could be getting read to dip all the way down to .006 to .008 levels again.
I am not able to honestly rule out the possibility of the dip at this point, however if I go by the way I feel with the current market? We are going to head back up above the .03 level and head towards .10 which will be the high of the year in my opinion before a significant retreat.
The FIB Retracement levels are nice in my opinion. I think we still have a lot of room for growth, I'd say we are just in a consolidation phase of the HOT run, be aware I am not a financial advisor, do not make any moves based upon my theories but if you did and you made a decent amount of money this far, congratulations!
SHIB The Diamond In The Dirt! On FIRE!
SHIB is currently trading at $1.7399 down from a recent high of $2.69 per million on #HOTBIT Exchange You can purchase #SHIB on various different exchanges including #UNISWAP you can get a full break down of the exchanges on Coin Market Cap #ShibaSwap does recommend using decentralized exchanges such as Uni Swap.
I bought 1.445 Billion #SHIB on Hot Bit and I am currently staking 945,000,000 #SHIB with an interest rate of .00542 % generating close to 100,000 #SHIB a day. Due to speculation that Hot Bit really didn't have any SHIB I did withdraw 115,000,000 SHIB to my Coinbase Cold Wallet for safe keeping and just to show Hot Bit is Legit.
The withdraw fee was 10,000,000 SHIB at the time of the withdraw which equaled about $20.00 gas fee. I doubt you can buy SHIB on Uni Swap or any other decentralized exchange and have it sent to your own personal wallet for under $20.00 just my opinion though.
Anyways, I hope that if you have been following me that you started buying SHIB at .04 per million like I did. I know I am happy I did consider almost $3,000.00 in profits, at one point it was up over $4K in profit and I invested under $100.00 into SHIB
So, yeah, I am even more excited about SHIB than I was before. I still think SHIB if you buy $100.00 worth of it could still change your life in the long term or in the short term ease the financial struggle. The long term HODL Model is what I am looking at.
SHIB is already pumping, LEASH is already at $300 per coin and they are about to drop the #BONE coin on the market... SHIB is still planning the launch of Shiba Swap within the next two weeks. The community has built up a ton of hype as well as the performance on the charts that is generating a ton of interest ahead of the exchange launch.
SHIB could be major... I'm HODLING...
XRP Has Been On A Wild Ride!
XRP currently at $1.48 coming from an high of $1.97 and up from a recent low of $1.41 I am thinking XRP will head towards $2.40 to $3.20 by the end of may if everything continues smoothly for XRP. XRP could potential go further than that depending upon the SEC outcome that doesn't look too promising anytime soon.
Some experts are calling for a massive retreat to $1.00 level before a continuance of the run. I can't rule out $1.00 levels again but I doubt it would hold above $1.00 if it does dip that low, I would be looking to buy some at .86 around that time. I am not saying I think it will do that direction just that it could. This is crypto and we never know what these whales are going to do.
Especially considering the amount of people trying to leverage trade XRP and wrecked for billions of dollars. The dip could happen when you the Brad Garlinghouse? coming out and warning people about not selling on highs in order to take profits? Crazy stuff in the XRP community and major stuff is still to come.
BCH Hit $1,200 on a recent High!
BCH currently at $971.40 down from a recent High of $1,200 and up from a recent low of $935 I was calling for this break up over a month ago and #BCH was like, nope, not yet and here it is. Now my next target is $1,766.00 I know that a lot of people can't believe that BCH would ever go that high again, but how could they not?
It really bothers me that more people aren't talking about the real value in BCH and the potential of BCH to go parabolic like BTC has... Why are major influencers attempting to keep BCH down? I can't answer that question at this time but I can say that it isn't working out very well for them right now...
BTC Just Dipped below $59,000!
BTC is currently at $59,017 and down from an All Time High of Around $65,000.00 depending on what exchange you want to go by, BTC is up from a recent low of $58,800
I know this seems to be bad but wait, it could get much worse but a whole lot better in the end results. I firmly believe after this move we will be sent to $68,000.00 and this time I am not going to put a time frame on it. We are having major sideways action right now with Bitcoin as people are pouring profits into altcoins and pouring profits back into Bitcoin. Wash, Rinse and Repeat. Everyone calls it Alt Coin Season.
My Final Thoughts!
I call it another Wave in the Bull Run Cycle. Bitcoin will be at $137,000.00 before the end of this cycle. I looking for roughly a $7.8 Trillion Dollar Market Cap before I start taking profits heavily. I believe in taking profits along the road and putting them into other projects to eventually take even more profits with the end results of putting even more money back into Bitcoin and I am considering buying one whole Ethereum just to join the #ETH Gang.
I know Bitcoin is the foundation of crypto, Ethereum is growing the roots stronger. I am not sure why I have underestimate the value of holding Ethereum especially the amount of times I have used Ethereum via Uni Swap and what not. I have always been a fan of Ethereum as a spendable asset as I always found it to be expandable. I am starting to lean more towards the value of holding Ethereum for long term gains.
Ethereum right now at under $2,500 and headed towards $10,000 and beyond.. Why not HODL some ETHEREUM?
I hope you all got on board with some SHIB at below .10 per million and if not, it's still not too late to get on board and make a nice profit before the exchange goes live. Once Shiba Swap is up and running the price of SHIB could go completely parabolic. I am hoping it does. I started buying in at .04 with only one regret of not buying more than I did.
As Always, Thanks For Reading, God Bless You and Stay Healthy!
Bitcoin: The Crypto That Others Revolve Around!
Overview:
The last week has been pretty wild with the alt coin season taking effect and a lot of FOMO driving prices parabolic and we haven't seen anything yet. I still think the best is to come. Bitcoin Dominance is at %55.7 meanwhile #Bitcoin is holding in the upper $50K ranged. Meanwhile the Total Market Cap is nearing in on $2 Trillion Dollars!
Bitcoin Above $59K
I think once Bitcoin brakes through this level we will see the shot up to $67K that you guys are probably getting tired of reading me write about, but the thing is, this move is coming sooner than latter. I have covered hundreds if not thousands of reasons why this will happen all the way up to $137K
**Bitcoin** is currently barely above **$59K** where the momentum is building up in the move that will shoot the price up to an ATH of $68K on the good side if not more and a low all time high of $64K on the lower side of things. I am honestly leaning towards $67K or higher.
The above chart is the free version of Market Cipher B, I am not aware of the differences between them but as you can see this chart is looking extremely bullish which could be lining up with the move I have been talking about.
XRP What Is Going On?
**XRP** currently around **$0.80** cents after a high of around $0.94 cents with a steep retreat to $0.72 cent range. XRP appears to be going parabolic right now and with the current market trends the way they are I think with this trend a $2.00 #XRP won't be hard at all.
Some influencers on YouTube are calling for a $6 to $8 XRP which would still be highly undervalued in my opinion as well. Honestly, anything under $10,000.00 is a steal but I won't pay a penny over .40 until the SEC situation is completely handled. I still have faith in the XRP community just not so much in Ripple doing right by the XRP community regardless of the outcome with the SEC.
You Should Know How Much I Love HOT By Now!
**HOT** is up to **$0.027** right now. I have been trying to tell everyone to snatch up some HOT since it costed .00002 and for those of you who listened and got on board with some HOT congratulations. If you missed out an early entry point like I got you may not be too late for HOT right now. You won't see as impressive gains unless you spend a couple thousands and a 100k but long term you will see gains.
BCH Is Gearing Up Yet Again!
**BCH** is at around **$645** right now and seems to be fighting resistance at $660 with strong support holding above $630 so far. I am looking for the $800 to $900 break to finally happen. BCH has been reminding me of Ethereum lately which has been itching to brake out and make a run for it.
The New, The Fabulous, The Up & Coming Shiba Swap Token!
**SHIB** is currently at **$0.00000005** You can buy a million SHIB right now for over $0.05 cents with the possibility of the Shiba Swap becoming a major deal online. I wouldn't recommend this to anyone not looking for a very high risk investment with an extremely high reward potential. This is probably one of my most relaxed investments considering I somewhere around 1.2 Billion SHIB
My Final Thoughts!
With the scheduled IPO of Coinbase that will bring billions more flooding in to the crypto market I can't help but to feel like I am positioned nicely to reap the benefits that all of these ETF's are going to attract. Bitcoin and Altcoins are like drugs, once you do some research you just seem to fall down the never ending rabbit hole into oblivion with all of the knowledge out their.
I have said it time and time again, we are truly blessed to be on the fore front of this new innovation which is being taken beyond my expectations over a year ago. I had a dream last night, I was in a crowded busy city, I would assume New York City, but anyways, a man stood on a street corner reading a news paper, the financial section was crypto and the value of them was measured in Bitcoin itself instead of USD.
I still think that Bitcoin is dominating the market where other crypto's like XRP wish they could. XRP is typically my preference when moving money from one exchange to another, as the time needed is much less than others. The fee is typically the cheapest as well. That is another reason why XRP could have a value in a world with out ripple behind the reins.
As always, Thanks for reading, God Bless You and Stay Healthy!
Bitcoin! We May Be Starting Another Run, You Have To See This!
Introduction:
Hello, for those of you whom don't know who I am. You can call me Rutkowski or Justin. I have a passion for new technology and a major passion for crypto. I follow crypto daily and I have been studying crypto for years. I know enough to know that no one can predict the market with 100% accuracy.
Some people get lucky, I have gotten lucky a lot with my predictions, but at the end of the day, these are only just predictions and even though they may look rather nice on the charts it doesn't mean that they will actually ever materialize into anything. I don't offer financial advice. I am just documenting my journey to financial freedom.
I Love Bitcoin! So, I enjoy writing about Bitcoin and giving my 2 satoshis on what I think is happening. So please, if you read my article and like you like it, give it a like, subscribe for more articles like this one and always feel free to leave a comment below.
Bitcoin! $56,142.00 Fighting Resistance
I have been sharing this chart daily on Twitter Crypto_Crash daily. The first time I shared this chart Bitcoin was still heading downward and you can see how it went slightly below the dip I had estimated on the above chart and now seems to be following the upside of the chart perfectly which kind of has me nervous but seems like everything is coming together for the next all time high to happen on April 21 2021
I personally wouldn't mind to see the high the day before but I won't complain either way. I based this charts patterns off of two previous highs which seem to be forming a consistent pattern. Now provided everything continues to line up I expect #BTC to continue up towards $70,000.00
We still have 28 days to see how wrong or right I am. Thus far I am looking like I caught the correct pattern and now we set back and wait.
What Will #Bitcoin Do In The Short-Term?
A lot of people have been flocking to social media as well as You Tube trying to find some one whom can answer this question. I have the answers here, I can tell you for 100% fact that no one really knows for a fact what Bitcoin is going to do in the short-term but I am willing to take a quick stab at it on the chart featured below...
I am thinking that is we don't brake the support level below we will continue this pattern that looks like it is emerging. The pattern could break at any time and go as low as $55,500 in the short term, I am not looking for that to happen, but we should all know by now it is a possibility.
The chart below you can see where it dips below the green line. That green line has been an amazing level of support through out this bull run. We have had a few times of bouncing off of the green line and likewise a couple of times dipping below the green line before shooting halfway up this channel.
Now if we follow suit and go half way up this channel before retreating a small bit we will hit $60,000.00 and than see a retreat. I can not guarantee that it will happen or it will be exactly at $60K I don't doubt a bit that our high of April will be at around the 21st unless something major happens that changes our current trends.
This predictions would also line up with the April 15 tax time deadline that some people believe plays a roll on Bitcoin prices this time of the year. While I don't doubt that income taxes plays a role in the investments of Bitcoin I just think the dates are off as most people file in January when the IRS starts accepting tax returns and by the time April 15 comes around they are already broke.
I know people do wait until the last minute but I am sure you get my point.
My Final Thoughts!
I hope everyone is making some money in crypto and spreading the joy of crypto to everyone whom struggles financially. I find Bitcoin and Crypto in general to be life changing. The right crypto purchased at the right time could potentially give you and your future generations financial freedom they need to be free in the decades if not centuries to come.
I personally see crypto as a solution to a ton of problems with an infinity value at the end. The blockchain technologies that being used in collaboration with Crypto Currencies is revolutionizing the way we interact with each other and most importantly the way we transact with others online. I would rather use a smart contract to sell something online than use Ebay and Paypal whom rules in the favor of the buyer 99% of the time even if the seller has to suffer a 100% loss.
I had this happen and I never used Ebay again to sell anything online and I wouldn't personally recommend them to anyone. Crypto using the Blockchain utilizing smart contracts can fix issues such as these and improve our lives even further than it already has.
Bitcoin is the future of finance and technology with all that represents and I have said it plenty of times before and I will say it again in case you need the friendly reminder. We are just now in the beginning of something life changing and we are truly blessed to be apart of some thing like this. This is honestly greater than the dot com bubble because the financial infrastructure doesn't have a bubble problem like the do com era.
Anyways, Thanks For Reading, God Bless You and Stay Healthy!
Don't forget to check out HOT HOLOCHAIN HOLO up over .01!
The World & Crypto #21
The World & Crypto with Rutkowski Edition #21
**March 24, 2021**
Shiba Swap! Opens Late April!
SHIBA SWAP is coming in late April of 2021 is currently at $0.00000005 and I own around 725 Billion SHIBA. Elon Musk made a tweet that is being linked to SHIBA when he tweeted about getting a SHIBA INU while I do follow Elon Musk I didn't stumble across this because of him.
I found SHIBA SWAP by browsing through Coin Market Cap. I seen the price and started looking at it more. I seen the site, the logo and than I had to own some. I am personally banking on people being attracted to the exchange because of the SHIBA INU and as far as the tweet from Elon Musk, I thought that he was talking about getting a DOGE puppy like I want to get.
Will SHIB ever make any money? Who knows? I could have made the best investment of my life time, or I could have just wasted some money. I do know only time will tell and I'll be keeping you all informed...
BTC Back to $55K
Bitcoin is currently at $55,900.00 after being rejected at the $57, 200.00 level, at this point and time we could see another dip lower. We need to break 57,200 and stay above it in order to continue to forward. I think we may have the momentum later tonight or tomorrow at the latest to get back above $60 K unless something else happens.
HOT Will It Make Another Run?
HOT is currently at $0.0077 and working it's way up slowly but surely. HOT is one of my favorite holdings and up until recently was my largest holding token wise. Now that has changed but my fondness of HOT remains the same. I still see a higher price target in mind.
I still think we will see $0.021 by April 21, 2021 I could be wrong but their is a greater chance that I am correct. We will see in the not so distant future...
BCH $520.00 It Could Still Get Worse!
BCH is at $520.54 and some good/bad news? Good news, Bitcoin is turning slightly bullish which will have a positive effect on BCH. However if you look at the chart above you will see that we are almost to end of this current down trend trajectory. We will either come up above it or we will brake below pretty hard. I can't say for a fact what will happen but $420 is my target on the low provided the worse case scenario comes into play.
XRP Had a nice ride!
XRP is is currently at $0.54 USD after making a run up to $0.60 USD and it could possibly go down to $0.48 USD again before continuing back up once more. I know a lot of people got excited and thought we was going to see xrp go parabolic only to see the price retreat at high resistance level.
I hope some people made some money back, but I know a lot of people have lost money with XRP. I have to say that XRP right now is a very dangerous asset to hold but I am still hodling my XRP.
ADA Doing Great!
ADA is currently at $1.12 I have to say that after the coinbase news about ADA being listed that really took off to the upside. I wasn't very surprised to see a price retreat as it usually tends to go, especially when Bitcoin is headed down, it tends to have a ripple effect on the entire Market.
I look for the next high to be between $2.40 and $2.80 depending on the market conditions at the time.
My Final Thoughts!
Every since Bitcoin was first started it has been a bumpy ride. I know a lot of people are die hard against Bitcoin for some reason that they can't honestly explain in a reasonable manor with resulting to judging or insulting some one because their views don't align or the other person may be right.
I am man enough to admit that no one is perfect and we are all human. We all have flaws and I can admit when I am wrong. I can debate any topic with having to insult someone. You can really tell that someone is losing a debate when they start trying to insult some one. Honest it gets pretty pathetic.
I think we have seen a division in our life times, it isn't hard to give a little bit of respect. The importance of have debates and open discussions is a major part of society. We mush all be able to come together whether or not our views align and we should all be able to debate our opinions in a civil matter.
I love crypto, I love technology and I love God, does that make me a terrible person? No, because you are the opposite of me it doesn't make you a terrible person either. I know we live in a world where people can be often lose a grip on reality but we should always remember the gold rule do unto others as you would have them do unto you.
Sorry this one was pretty short but I have been having major back problems and a lack of sleep, hopefully I can get some sleep.
As Always, Thanks For Reading, God Bless You and Stay Healthy!
Bitcoin! Did You Know?
Bitcoin $55,000.00 & Bullish!
#Bitcoin is at $55K right now and trying to fight it's way back up. We seen a decent dip in the Stonks Market today which was most likely investors taking their profit. Now I love to speculate more than the next guy, but where would you imagine these investors are going to sink some of those profits at.
We are living in an era where Governments are creating their very own crypto currencies and corporations are utilizing the Blockchain to simplify out dated procedures that are probably linked to a #Microsoft #Database now that, I have no clue if I am correct or not but I am 100% sure that the blockchain is more effective and cost efficient in comparison with previous procedures in all cases thus far.
"WE HAVE YOUR BACK AND YOU STAB US IN OURS!" This Bell usually rings true and a rather unfortunate thing for billions of people in this world that are still scared to get into #Crypto already. Just in case you don't ever read my articles very much, I have numerous times gave credit to the China Virus for speeding up the evolution of crypto itself by decades, nah it really sped things up by a couple years at least though.
Governments are constantly printing money. Especially if you live in the United States although we are not the only country doing this but by the end of 2021 the United States will have printed over $8 Trillion Dollars from the start of Covid-19
March of 2020 $2.2 Trillion USD followed by December 2020 with another $900 Billion USD and as of March 2021 another $1.9 Trillion USD has been printed bringing the current total of the United States War Against The Unseen Enemy at $5 Trillion USD
That isn't all the spending that the United States Government plans to do. President Biden will need to create a booming economy if Democrats are to stand a shot at re-election in 2024 which thus far it isn't going to happen, but anyways President Biden is going to be spending and additional $3 Trillion USD in an effort to rebuild American Infrastructure.
Which the majority of us already know how this will pan out. But anyways with this bill I am sure we will be at $9 Trillion alone for the United States Government.
What Countries Did Stimulus And How Much Stimulus Did Other Countries Give Out?
$8 Trillion USD from USA
France guaranteed 70% of wages
U.K. guaranteed 80% of workers wages up to $3,000 per month
Australia worker paid $2,000 per month if their company lost revenue
Canada paid $1,500 per month to worker with 50% reduced hours
I wish I could find the exact figures each of those countries has given out to date, maybe one day in the future that data will be available but until I'd imagine that total sum of those combined would make the United States figures look reasonable.
Although these other countries gave away a lot of money, they did it in a reasonable manor by ensuring that the money went to those whom had actually been effected by Covid-19 in terms of income. Unlike some countries where politicians feel it to be necessary to attempt to give money to prison inmates...come on guys, I can't make this stuff up.
What Part Do Banks Play?
Banks are running on the Fiat system, their currency based off of the respected country in which the banks reside. The banks in the United States use the USD as the factory currency if you will. Have you ever wondered how banks are able to make so much money? Even though you are able to bank with them with zero fees or cost unless you use an outside ATM? Has that thought ever crossed your mind?
Have you ever had a large sum of money and been scared because you're holding it and you wanted to find a safe place to store that money? You probably ended up putting that money into the bank, most people would consider banks to be the safest and most secure place to put money.
However, informed people are scared to death to leave money just sitting their in a bank account resting on the future of the bank. A lot of banks limit the amount of money that a customer can withdraw daily. I personally couldn't even begin to imagine myself personally having a million dollars and being told by the bank I could only withdraw $15,000 daily. This happens to people daily, why?
Banks don't have the money! Banks do not have to have any money in order to operate and yes, you did read that correctly. Banks used to have to keep a minimum amount of money in the bank as leverage for what they loaned out. Now banks can loan as much money as they want, 5 days a week all year long minus Holidays.
What Does All Of This Have To Do With Bitcoin?
These are the reasons why Bitcoin is more Bullish now than ever. The governments are actually forcing people into Bitcoin in order to safe guard against currencies collapsing which will be happening in the not so very distant future. on a scale like we have never seen before.
Bitcoin will soar higher than an Eagle! I am not angry at the government for doing what they are doing. However if you ask me, I'd say this is an orchestrated attempt by a certain group of people to put the final nail into the fiat coffin as crypto takes over the financial world completely which is the evitable future.
At the start of this article Bitcoin was at $55,000.00 USD and as of now we are $56,200.00 while it appears that we are moving away from the bearish down trend that we are still technically in, we could still see another pull to the downside at around $50,000.00 after this rally. This is Bitcoin though and anything could happen.
The Last 2 Bitcoin All Time Highs As of March 2021!
**March** Bitcoins All Time High was set on March 21, 2021 **February** Bitcoins All Time High was set on February 21, 2021
The chart below, I was done on a Samsung Galaxy Note 8 via the trading view app from the play store. I am working on different charting approaches for long term estimates and that pattern lead me to putting the new All time peak to be on April 21, 2021 as well. I have said $67,000.00 in previous articles and I still feel safe with that number although it looks slight higher on the chart below which I wouldn't doubt.
Roughly about 36 days until we find out exactly just how wrong I was...or 36 days until your minds are blown and you're like, "Dude, you totally nailed it!" who knows?
My Final Thoughts!
I can't predict the future if I could, I would already be rich enough to own a TV studio and I would be speaking to a camera instead of typing this right now, someone would be paid to type this for me honestly lol..
What I can say is, Bitcoin contrary to the beliefs of a lot of people doesn't seem to be showing any indications of a major price retreat like we have seen in the past. The correction in March of 2020 was around 75% that is an estimate the actual number is most likely different.
When you start to think of Bitcoin as more than just a piece of computer code that you hope you will make another dollar off of, you have to realize that Bitcoin is playing an ever increasing role in financial systems world wide. Bitcoin has been epic from the start and people, society is just now starting to wake up and see the "Bitcoin Rise"
When you have Global Currencies that are operating on prehistoric infrastructures not backed by anything of value and you continue to print more and more worthless money, you than need a solution to that problem. That is why Satoshi Cough*Elon*Cough Nakamato Cough*Musk*Cough excuse me, it's allergy season.
Anyways, that is why Satoshi created Bitcoin. Bitcoin can not be produced by governments, they can do like every one else and mine it or buy it, it is completely decentralized. Nothing is untraceable contrary to popular beliefs, you could be tracked to an extent.
The main issue was more about being able to safe guard your money from government and the banks reach as well as being able to send money to anyone in the world instantly over the internet. This commercialized the internet in a way that has been fruitful to a lot of people in the world.
Governments and Banks are constantly deflating your currencies making them worthless by inflating the economy. Bitcoin is constantly growing on that standard alone.
Now I factor in the corporate interest. My favorite Trillionaire is Elon Musk, Between Elon, Tesla and Space X they hold roughly $5 Billion in Bitcoin at this current moment. Elon announced on twitter earlier today that you can now buy Tesla's using Bitcoin. I think this will make history in the world of Bitcoin we will be talking about the man who spent millions of dollars on a roadster because he paid in Bitcoin... Meanwhile Elon sitting back stacking sats...
Michael Saylor whom operates Micro Strategy owns 72,000 Bitcoin, he probably bought more on this dip, I wouldn't doubt it but I haven't seen any press release about it. Anyways, Saylor is a major influencer for Bitcoin to other major Corporations. The thought of Saylor and Musk buying over $9 Billion USD alone.
The event that Saylor hosted brought thousands of investor to the table, Bitcoin has CNBC talking about it more and more. The media attention as well as the attention of governments has shifted majorly towards adoption. Florida in the United States accepts Bitcoin.
The thoughts of a major bear market are just silly in my opinion. I could be wrong but I seriously doubt it. I know some of you whom love the altcoins are probably red in the face about this article, but I have to remind you that Bitcoin is the "Gateway Currency" kind of like "Marijuana' is the "Gateway Drug" it is true.
The more money that flows in to Bitcoin the more interest it sparks, those people become familiar with Bitcoin and exchanges and than start to experiment with other crypto's maybe after doing some research or maybe not, either way almost every one in crypto when asked the first crypto they heard of will say Bitcoin like wise when asked the first crypto they have ever bought.
We have a lot of major things that happening and like I have said plenty of times, we are the beginning of something life changing and we are blessed to be here first, as always, Thank you for reading, God Bless You and Stay Healthy!
The World & Crypto #20
The World & Crypto with Rutkowski Edition #20
**Monday March 22, 2021**
XRP IS ON FIRE! UP OVER 10%
**XRP** is currently at .58 USD and battling to make it over .60 cents and stay. The chart above is the chart I shared in my Edition #19 and so far XRP is moving towards my .70 USD target I think we still have days to go but it does appear that XRP is starting to form a decent looking channel that we hopefully stay.
This could also mean that XRP is about to have it's bull run which could turn the market rather bearish since XRP is usually amongst the last to see a major cycle. I know this isn't the first time that XRP has had a run with in the 90 days but they have been manipulations, XRP vs SEC and the pump and dump where a group of individuals decided to buy on a certain day and they planned the event for a few weeks.
While they was organizing this event, other groups were buying ahead of schedule just to dump on everyone buying that day. XRP went up over .75 before plummeting back down around .36 or so.
I am personally anticipating a slight pull back to .56 USD minimum to a possible .54 USD level to a worse case .48 USD level. We had some news earlier that a whale bought another 230 something million XRP and transferred it off of an exchange. This makes XRP appear extremely Bullish.
We have had a lot of major movement with XRP lately, I honestly suspect that Jay Clayton is buying up all the XRP that he can right now...
HOT HOLOCHAIN Slightly Down More!
**HOT** is currently down 2.27% at .0078253 The chart above is from edition #19 as you can see I was expecting it to go up higher and than drop back down a bit. I was off on when that would occur but none the less it still happened. I am still more than confident that we are head to .021 USD I know that may sound crazy to a lot of people but it's crazy to me that people can't see this gold mine..
HBAR Have you Heard?
**HBAR** is currently at .33 USD down .12 USD from the all time high. The chart above shows what it would like if HBAR was resetting and following the path with the next week. I am targeting the next high to be .52 USD
BTC Bitcoin! What is going on?
Bitcoin is at $57,196.00 USD at this moment, It was just recently in the $56K area. I am hoping that break away from the bearish zone and get back into the bullish zone and go for a nice ride. I am anticipating $58K later today.
We have a lot of people talking about a leading indicator that is saying the bull run is about to end. People are speculating that when the lines cross the bull market is over. I anticipate a major drop in the market when these lines do cross for a couple of different reasons. One: people buy into speculation and sell based on that alone. Two, the people who don't know about this panic sell when they see the market dropping,
I'd say that if we took a dip that we wouldn't see below $42K and if we did break that $28K would be the absolute worse. However I don't see anything like this playing out. Whales are banking Bitcoin. Market Makers are trying to make Billions.. What do you think?
BCH I HOPE YOU ARE READY FOR THIS ONE!
**BCH** is at $532.00 USD right now. I am anticipating a major move very soon to the upside. I am holding out hope that we can break out of this current channel and enter a new bullish channel with some better momentum.
BCH has been stuck in this channel for some time now and we are about to be challenging the top of before April 2021. If we break and hold above it we will be over $1,000.00 before May!
My Final Thoughts!
Thank you to those who have been reading my articles lately and a special thank you to those that have been tipping me, no matter the amount I want every one of you to know that I am grateful for each tip that I receive.
I am extremely bullish about the Shiba Inu Exchange. I think it will do some big things with the way Exchanges have been growing. We see all of these major exchanges that are already doing big things and they all operate in the same aspect. What do these exchanges share besides the fact they allow the user to exchange one crypto for another?
The oddly but yet attention grabbing icons they use, like for example the one and only uniswap with the mythic Unicorn and hosting it's very own UNI which is up over $30.00 and Pancake swap with the CAKE Token they have that is up over $10.00 per token. We still have the meme coin, have you been crypto long enough to know that I am talking about DOGE Coin when I say Meme Coin?
DOGE a meme coin which it's icon is an adorable Shiba Inu puppy. I personally want one so bad.. Has done rather decent through out the years and within recent years has gained support from rather famous people like Gene Simons and my favorite Elon Musk.
Now launching in late April the Shiba Inu exchange will open and has it's very own token it's logo is an adorable Shiba Inu puppy... What do you think the price will be? I figure it would be worth buying at a minimum of 1 Billion SHIB considering it is currently priced at **$0.00000005 USD** Honestly if the exchange is a flop I will haven't lost that much in total.
However I am banking on psychology playing a role when it comes to the success of this exchange. The key factor to success being the Shiba Inu effect that I think will drive people to the exchange which in turn will drive value to the token.
I can't say what the future holds for sure. I can however say that I plan on hodling these 600 Million SHIB I have bought already. I am honestly probably going to buy up 1 Billion just to be safe.. I figure that even with inflation the way it is going parabolic I should at least turn a sizeable profit over the next 10 years which is the ideal time frame I plan to hold.
I am guessing, pure speculation here that at some point in time like most exchanges do that Shiba Swap will also do a burn in the future. I can't say for a fact that this will ever happen but hey, it could...
Anyways I hope everyone is having a lovely day and healthy as well. Thanks you for reading and God Bless You!
The World & Crypto #19
The World & Crypto with Rutkowski Edition #19
**Wednesday March 17, 2021**
**Stimulus** Checks have already started going out to Americans whom already have direct deposit, paper checks will be starting soon if they haven't already. The major thing to note is rather fascinating to me here. You will have the investors that seen people who invested the first stimulus check and turned that into thousands, the second stimulus check and are up almost 100% and now we will have people do the same with this, the Third Stimulus check.
This effect will take a couple months to be completed since it'll take the IRS some time to get everyone money! Not everyone is going to dump Stimulus Money into Crypto and not everyone is going to be able to put every last dollar into crypto and some people just won't put anything into crypto. Yes, those are valid points, but the funny thing here is... The ones that don't put the money into crypto are going to be buying and purchasing stuff, right?
What are corporations investing in more so now than ever? Bitcoin and other crypto currencies. So, either way you pour it out, in the end it will all come to crypto at an increasing rate grow exponentially until crypto swallows the fiat system whole, every currency. Bitcoin will swallow the majority while other currencies will compete amongst the every growing crypto community.
We can all take World Leaders like Bush, Obama, Biden, Trump and every countries leader that has been inflating their own currencies for ages. A special thank you to all of the banks that keep inflating currencies because they are allowed to do that. They can lend somewhere around .90 to every dollar they hold. What happens when they go bankrupt?
The people with accounts at those banks lose everything. This problem is solved using Crypto. You saving yourself from financial injustice. Research it, no matter what country you live in, if you have fiat money it can be taken away from you. The smart people realize this and they see the rising threat of a major market crash due to 0% interest rates, inflation from stimulus checks.
We are looking forward to fiat collapse worse than 2008, this will be the modern age great depression if not for the invention of Crypto. Crypto should hopefully make the rebound easier than the previous depression. But we all know once interest rates go up that people will lose their homes, cars and business.. Unless they are hedged against these things with crypto.
Plus President Biden is about to announce his rumored "Massive Tax Hike" this could be the final nail in the coffin of the Fiat system as far as the USD is concerned.
Hot Holochain Holo Wow!
**HOT** #Holochain is at .0075 at the time of writing this article. as you can see in the chart below my previously predicted break out took a few extra days to materialize into anything. However I didn't expect the break out that we have seen over the last several days. I am not complaining.
HOT has deserved the spot light it is getting now for a long time. HOT in one day went from 99 on coinmarketcap all the way up to 59 which was an impressive move that with doubt has caught the eye of major investors. I am impressed with my gains. Although I am still hodling firmly and refusing to cash in. That should speak as to how much I truly believe in #HOT
I know once the #HoloPort launches and becomes readily available people are going to be using it to earn extra money. That is just one of the many reasons why I was already Bullish but in a long-term mindset. I wasn't thinking short-term in this aspect or I would had invested the majority into $HOT than.
In the chart above you can see how #HOT just went to .01 and than dropped along with the rest of the market as #BTC took a dip. Holochain doesn't move in the same sense as other alt coins. Yes it is still influenced by speculation and market manipulators but the project itself is solid. For example, if Blockchain was banned tomorrow by all countries, Holochain would still in fact be 100% legal. It isn't Blockchain, it is Holochain.
The only real competitor to Ethereum on every level. It isn't meant to be a store of value but with with the market supply it could compete with other currencies. The whole currency aspects relies in whole with the community that purchases it and how they plan to use it. Who knows? I am banking on #BCH to be accepted every where Master Card is, in the future that is..
The above is the ideal prediction forming an inverse W or as like to call it, M, before heading forward to what I think will be a next high of .021 which will be a major gain from where it is now. I can't say for 100% that it will go exactly like I am thinking or even close to what I expect. We all know anything could happen.
XLM May be Gearing Up!
XLM at the time of writing this is at .46881 USD and up 1.6% already. I believe that #XLM will be entering into a new cycle like the previous and could follow the same pattern which will be major for XLM. I don't doubt the possibility of this happening sooner than later.
BAT The Brave Browser Token
BAT is currently $1.014 at the time of writing this article. #BAT hit a high of $1.25 and could be getting ready to head towards $1.45 to $1.50 USD in the short term depending on his this next break out occurs. I am patiently waiting to see what happens myself personally.
For those of you whom don't know already, You can download the Brave Browser and get free BAT every month. Since Brave Browser replaces the way you browse the web by keeping your data private and paying you for the ad notifications that you receive. You can choose to see them or not with a max limit of 5 per hour and did I mention you get rewarded BAT monthly?
Really makes me wish I would have held all of my #BAT but I have been investing it in other Crypto's to see how much I could grow my free Crypto from Brave over the course of one year. But hey, I got another 20 or so coming next month plus what ever I get for this month as well. I love how they give us a portion of the advertisers cost to show us an advertisement. We get to decide if we are interested or not. Smart advertising in my opinion.
Brave could potential be a $400 Billion yearly Market cap just off of online advertising at the rate of growth they are already at.
Bitcoin, Where you at now Boy?
Bitcoin at the time of writing this article is at $56,311.67 and appears to be pretty bullish at the moment. The chart above indicates the channel in which I think Bitcoin is in. if you want more details on Bitcoin and what I think will happen please be sure to read this article https://read.cash/@Rutkowski/bitcoin-where-is-it-headed-you-may-want-to-read-this-now-355ea879
BCH Will it Finally reach The $900.00 Prediction?
BCH our favorite here is up to $525.14 at the time of writing this article. The last time I made a #BCH prediction it seems like the price plummeted as soon as I hit publish I think we are about to see a major break out which could lead us in either direction. if we break the red line I believe we could turn extremely Bearish and prices could go that low.
However I have faith in BCH and think we are about to see a major spike to the upside. I don't think we are going to be able to hold above $900 USD at this current time unless the Market Sentiment changes. We need more influencers talking about BCH but for some reason they are scared to mention it. They talk about Ethereum and everything else. #BCH needs to be trending daily on sites like Twitter, Tick Tok Noise no and as much as I despise the platform...Facebook...
XRP Making Noise Everyday!
XRP is currently at .46843 at the time of writing this. The entire community of #XRP holders of been making a lot of noise about XRP attempting to spread awareness of XRP like faithful holders do. I know the value XRP could hold if everything in the universe lines perfectly and the thread makes it through the tiny hole. I understand what could be..
I just think that the rate of inflation makes almost any crypto worth holding, let alone one with mind blowing potential when you realize the bigger picture and what role Ripple plays and you have to consider how major #XRP would be at the point and time every banking system starts using XRP to transact with each other... That could be major. However the amount of crypto's that aim to do the same thing and aren't currently tied up in litigation is like a bucket full of fish these days.
I don't bank on only one crypto, although with #HOT I sure wish I would have...
ADA Is Being Listed On Coinbase Pro
ADA is currently at $1.281187 at the time of writing this article. In light of recent news about Coinbase Pro potentially listing #ADA on Coinbase Pro, the price of Cardano has rose from previous lows. How far will this speculation take the Cardano market before we truly see what impacts if any listing on Coinbase Pro will have with ADA. Overall I am more bullish on ALGO but I am not quick to dismiss ADA either.
Finally, Ethereum will it ever do anything?
Ethereum is currently at $1,786.21 and is on a decline at the moment even though Bitcoin seems to be moving up. One thing with Ethereum, the gas fees whether people want to admit it or not, makes it very unattractive. No body wants to pay insane fees for such small transactions.
The miners love it, but it isn't sustainable like every competing crypto. Also the relation ship with Bitcoin makes predicting Ethereum slightly more complicated. The whole ripple wave of Bitcoin effects every thing... Amazing how that works. I would like to be 1 hour ahead of the flow...
My Final Thoughts
I have so many more I would have love to have shared but I would be writing this for weeks lol. We are seeing so many different cryptos finally start to rise at the expense of inflation. This is a good thing for those of us that have been holding for awhile. I know right now with Bitcoin Cash being down a couple of hundred dollars seems major but, like Bullzilla on You Tube says all the time " Double Digit Corrections Brings Double Digit Gains! "
To be honest, I have bought plenty of crypto that has declined by 10% or 20% and I have held until it recovered to it's previous highs or higher. Some cases I have had to sell off earlier than others. I also like the saying that is very surreal for markets like these " The Best Time To Buy Is When There Is Blood In The Streets! " I still don't remember who originally said that, but it's true.
I really like the analogy that Michael Saylor used in the Interview with Bit Boy Crypto on You Tube. I recommend you watch the 2 part interview series. You will really get a feel for where crypto is headed and how fast it could potentially make the leap. It is a bit over whelming to think about how cheap we are able to buy crypto at these current times. We are truly Blessed to be a part of this at the beginning. Crypto is making poor people rich.
The Greatest displacement of Wealth in human History! The Elite will surely reap advantages at some point, but we are going to be better off as well. As the Banks and Governments continue to increase the rate of inflation Crypto will continue to grow in the same fashion. The debt industry is the biggest currency inflation issue, they hide in the back ground while the Government does it right in front of us and we couldn't do anything about this until the creation of Crypto Currencies.
Now that we have the power to be invested in a currency that will actually go up in value as fiat currency value decreases further, why would we want to keep money in Fiat. I know the risk involved with being entirely invested in crypto at super high ration in comparison of ones net worth, but the amount of deflation with Fiat Currency vs the amount of Inflation with Crypto Currency.
I literally turned $68.00 that I invested into #HOT as a long 10 year investment strategy where I plan to gather as much as I can over the next 6 years and than Hodl for 4 years and see what happens... That $68.00 is now up to $618 and some change at the time of writing this.. Long term investments can pay off some times. I am still only on year3 going into year 4...
As always Thanks For Reading, God Bless You and Stay Healthy!
Bitcoin! Where is it Headed, You May Want to Read This Now!
Bitcoin at the time of writing this article is currently at $56,670.00 and fighting it's way back up after this very rough last couple of days. A lot speculation that is floating around would leave most people extremely confused. You have a handful of influencers that were saying oh, #BTC is extremely bullish just 3 days ago and now they are coming out and saying sorry guys, looks like I was wrong... #Bitcoin is extremely bearish.
But, what actually happened to influence this latest drop? Is this the end of the Bull Cycle? Should you get out of #Crypto right now? Will this be the end of Crypto? All those questions amount to is playing off of your worse fears in order to influence market actions which play major factors into the prices of #Crypto.
If you are buying at the tops and selling at the bottoms only to buy back into it at the next hype than yes, you should probably leave #crypto alone. However if you buy low and sell high, rinse and repeat over and over again, I would say keep on going. I have not ever lost money on long term investments into Bitcoin. I dropped money into Bitcoin right before the last major drop. I held that Bitcoin all the way up until now.
I am still in profit on that Bitcoin held than. All and all, if you buy with the mindset that you are still going to have that Bitcoin in 5 years from now, you can't lose, in fact, you won't lose!
What is believed to have influenced the latest drop?
That all depends on whom you listen to, but each one did play a significant role in the overall drop that liquidated roughly around $1.2 Billion USD worth of contracts and stuffed a certain groups pockets with millions of dollars.
We had an alert go out that over 18K Bitcoin had been transferred to the Exchange Gemini, later the report was claimed to be inaccurate that it was nothing more than 18K Bitcoin being moved internally amongst exchange wallets. This has lead to massive fear that a major whale is about to dump on the market with conspiracy theories that arise from this sort of thing leading a massive amount of people to believe this was a HOAX from the start to lead to a mass selling, which has happened.
Some believe that whale did transfer 18K Bitcoin to the exchange and they are waiting to dump Bitcoin. That could be true, but where is the proof?
**Theory #2**
You Tube Influencer Bit Boy Crypto who doesn't use Read.cash maybe we should bug him on you tube and on his twitter account until he launches a blog here on read.cash kind of like he does to other influencers to come onto his show. It would be good publicity for the community here and good publicity for BCH as well. https://www.youtube.com/channel/UCjemQfjaXAzA-95RKoy9n_g
Anyways Bit Boy had warned of a drop that would occur due to the CME gap that would surely go down and fill in the gap before it would continue to the upside. Yes, this may have played another significant role for those traders whom use the CME Gap as a trading indication which has proven reliable in the recent past. This would have lead to selling off along with the whale alert combined adding to the drop.
Theory #3 My Theory
Under normal circumstances, Bit Boy would have been 100% correct, we would have seen that CME Gap retracement with a strong move to the upside, but this is crypto. The land where speculation with using an already foreseen circumstance combining the power of leveraging making a nice market manipulation resulting in gains of $1.2 Billion USD I wonder if Bill Gates Net Worth increased by a few Billion this week? Joking, but I would seriously like to know...
I had warned that we could see a retreat once we hit $62K with $49K being the worse of the retrace but ideally in the lower $50K area so far a low of $53.1K USD which is about 4K away from my predicted worse case scenario which could still happen before we continue to the upside. I still can't confirm $49K before moving to $87K
Below are some charts that show my general idea on where Bitcoin is headed.
Bitcoin appears to be following the current channel of growth at this point in time, this isn't solid, honestly it just amounts to a pretty and colorful drawing that could go either way or just continue to climb the current channel.
I am leaning towards everything over the last several months being phase 1 or cycle 1. The blue line is the path should follow closely is it is going to mimic the last several months of data. So far it seems to have been a form of resistance. I do believe this cycle alone will put us at $100K or very close to it. The third cycle or phase will be the $137K mark in what I am expecting to happen.
We will always see these rumors that spark massive sell offs as long as we have weak hands in the cookie jar. No one wants to get caught holding all the cookies but everyone wants a piece of the action.
My Final Thoughts
I am really getting sick of all of the Manipulation in the markets, but as long as you have society you will always have that group of the Elites who have most of the money in the world who will use that money in any way shape or form in order to accumulate even more money with out regards to whom it will hurt.
That is the sad reality, Greed is more powerful than anything. I doubt we will ever develop a system that can't be manipulated due to the factor of greed. One day I know it will be next to impossible to manipulate Bitcoin as the Market Cap grows to astronomical levels.
We have some of the intuitive people from Michael Saylor to Elon Musk that have started the massive Exodus of Corporations away from Fiat into Crypto. We have major institutions like Fidelity starting investment funds for Bitcoin with the minimum buy in being $100,000.00 USD so the thought of Bitcoin plummeting to $0 is just not realistic.
People and most importantly the wealthy Elite are losing faith in the traditional fiat system. As they seen Mr. Saylor grow his holding by over $1 Billion in under a year, That was money that was just sitting around as cash reserves. That was probably the best move this man has ever made, no offense to him, the man has made millions if not billions before he even decided to dive into Bitcoin and educate his self to the point he is now a crypto addict.
The thing is, we are going to see even more balance sheets get converted to Bitcoin We will still always have the side market action and we will have other coins that will blow up, but I have said it over and over again. Bitcoin is King in the world of Crypto. Bitcoin is a long term investment, not a quick flip.. However if you are patience and take the time to learn a lot about crypto along with the psychology related to the market manipulation and you use correct leveraging you could make a lot of money leveraging trading.
Although you have a really high risk of being liquidated the higher the margin levels which equals higher profits. I like risk though!
As Always, Thanks For Reading, God Bless You and Stay Healthy!
The World & Crypto #18
The World & Crypto with Rutkowski Edition #18
**March 10, 2021**
Stimulus Package Was Passed Through The House!
Biden's $1.9 Trillion USD Stimulus Package was passed through the House and is being sent to President Biden's desk for his signature. Biden's press secretary said she expects him to take time out of his busy schedule to sign the Bill on Friday afternoon. President Biden has been adamant on how important enacting this legislation and getting help to the millions of American Families that need help right now is.
I think his actions have spoken louder than his words on this point here. Americans were promised $2,000.00 USD Stimulus Checks on January 20, 2021. President Biden is now expected to sign a bill for $1,400.00 USD Stimulus Checks on Friday March 12, 2021 at 12:00 p.m. Speculation says that checks will start going out ahead of Biden signing the Bill into law.
XLM Has Seen Better Days! Better Days Ahead Though!
XLM currently at .40 USD at the time of writing this article. I think by the charts indications XLM will see a nice gain starting some time tis week and will be spread out over the course of a month or so. I don't think we are going to see anything like the community wants to see. I don't think that $1.10 is too far fetched either by August.
HOT Holochain Holo Do Not Buy!
HOT currently at .0031 USD at the time of writing this article. I am serious, what ever you do, do not by HOT and do not add any more HOT to your Portfolio, seriously! I need to buy more for myself before anyone else Buys some. I need a couple Billion of them!
XRP Rejected at .49 Once Again!
XRP is back at .45 USD again and stirring a lot of negative publicity on Twitter at the moment. A lot of short term XRP holders are jumping ship, while I am not going to join them, I can't honestly blame them and you shouldn't either.
I have for a long time been a strong supporter of XRP and the link between XRP and Ripple. However as of lately I have had to issue some very troubling warnings about XRP that I don't take lightly. XRP if it were to be used to bridge every currency world wide would grow XRP Cap by 100's of Trillions of Dollars and would sky rocket the price of XRP.
Why would Ripple fight so hard to not be associated with it's prime factor in building this infrastructure? What if they are actually planning on releasing a new form of Ripple using the existing XRP Ledgers Protocol. Some thing kind of like Hard Fork where they pull the same garbage they have been pulling with XRP this whole time?
That is the scary part of XRP, it is starting to look like that fear is a very real reality that may be happening before long. I hope for my sake and the sake of all of those that truly believe in XRP just because of the clear established link between ripple and XRP that they don't switch to a different Token. Time will tell.
Bitcoin on a Bumpy Rollercoaster Ride!
Bitcoin at the time writing this article is at 56,100.00 and fighting to stay up above $56K The charts are still showing Bullish in my opinion it looks like we are on target to challenge the previous all time highs within the next 24 hours. Ideally within the next 12 hours we should be talking about the new all time high from Bitcoin.
I think Bitcoin has a strong possibility of flying rapidly through the $60K zone before returning back to the $50K area briefly. This is purely speculation but you should always keep in mind that we are about to enter uncharted territory once again. We can look at the previous times to get a rough ideal of what we should see coming. Although that method isn't fool proof as we won't truly know what happens until that time comes.
I know that $100K isn't that far away provided we continue with this momentum going forward. I am still waiting on the FOMO effect to come into full play. The FOMO will be the scariest Volatility of this bull run in my opinion.
My Final Thoughts!
Bitcoin will be doing something major rather soon. We should expect to see some pull backs along the way. $3K isn't nothing in terms of pull backs and at this point I wouldn't be shocked to revisit $40K briefly before continuing on this part of the bull run. I can't rule that out completely. We have a lot of major factors that we have to consider when it comes to the market.
We have people like myself and hopefully you that want Crypto to succeed, at the same time we have a ton of people whom want to see crypto fail and they are leveraged against Crypto to help it fail while profiting majorly from the demise of crypto. The deciding factor like the pump and dump of XRP recently will be who has a bigger checking account.
As far as I can tell, the ones betting for Bitcoin to succeed along with other crypto currencies have more money than the Bill Gates army that clearly bets against Crypto but wants to utilize it in a manor where only the wealthy can profit from it. We have to watch out for major investors at the same time as well. A lot of investors are in this for the long term, they aren't going anywhere.
Some investors are the same way, but they will want to increase Bitcoin positions using any possible way they can, and they will. If I had 1,000 BTC that I bought at $10K I'd want to see a great deal at an All Time High and dump back in at the bottom. Take some profit and still have more Bitcoin in the end than I had before the trade itself.
This is logical, why else buy an investment to not make money and grow that investment further. The extent to what will happen is yet to be seen, but with the market going the way it has been, I could see this happening around September. I think my price target of $137K will be reached before we see major dumping that will effect the prices.
As always, Thanks For Reading, God Bless You and Stay Healthy!
@Rutkowski
