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Bitcoin Looks Ready to Pump! Ask Me Anything!

0h 41m video Published Feb 13, 2020 Transcribed Aug 6, 2026 A Altcoin Daily
Beginner 10 min read For: Cryptocurrency enthusiasts and investors looking for casual market discussion and Q&A.
AI Trust Score 65/100
⚠️ Average / Some Fluff

"Title promises Bitcoin pump discussion, but it's mostly a casual Q&A with some market analysis; delivers on the hangout vibe."

AI Summary

In this live Q&A session, Aaron from Altcoin Daily discusses Bitcoin's potential to break above $10,500, addresses viewer questions on altcoins like Ethereum and Cardano, and shares insights on Bitcoin's role as a store of value. He also promotes an upcoming meetup in Los Angeles and touches on topics like the Lindy effect, mining difficulty, and the impact of the 2020 halving.

[00:12]
Bitcoin Looks Ready to Pump

Aaron observes that Bitcoin is close to yearly highs and appears ready to break above $10,500, though it's having a hard time doing so.

[02:11]
How Many Bitcoin to Retire?

Aaron answers a viewer question, noting that the amount needed to retire depends on personal situation and future Bitcoin price, using $150k per Bitcoin as an example.

[04:06]
Hedera Hashgraph and Bitcoin Obsoletion

Aaron is skeptical that Hedera Hashgraph or other DAG-based coins will make Bitcoin obsolete, citing Bitcoin's network effect and liquidity, comparing to the QWERTY keyboard analogy.

[05:02]
Cardano Price Prediction

Aaron declines to give a specific price prediction for Cardano, noting its mainnet has never been out and its value is based on speculation and hype.

[07:28]
Bitcoin as a Payment Coin

Aaron argues Bitcoin doesn't need to become a day-to-day payment coin to grow in value; it can remain digital gold, but it's good that development toward payments is happening.

[09:37]
The Lindy Effect and Money Evolution

Aaron shares Murad Mahmudov's chart showing money evolves from collectible to store of value to medium of exchange to unit of account, and finally global money, a process that can take decades.

[11:22]
Data Token and Other Altcoins

Aaron thinks Data token will trend toward zero due to risky implementation, and he avoids many altcoins until a clear trend change.

[13:37]
Bitcoin if Dollar Fails

If the US dollar fails, Bitcoin would be priced in whatever currency is most convenient, similar to how gold is priced in dollars.

[14:48]
Ethereum vs Bitcoin Trend Change

Aaron shows the ETH/BTC chart, arguing that despite a recent pump, there is no confirmed trend change yet; he's playing it safe until a higher high is made.

[18:01]
Mining Difficulty and China Outbreak

Aaron discusses the possibility that the coronavirus outbreak in China could cause miners to turn off machines, reducing difficulty, but other miners may pick up the slack.

[19:35]
LA Meetup Announcement

Aaron promotes a meetup on Saturday at Boomtown Brewery in downtown LA, hosted by Crypto Wendy and Lolli, with free food and drinks.

[20:44]
Tony Hawk Accepts Bitcoin Donations

Tony Hawk announced at the 2020 Bitcoin Conference that he accepts Bitcoin and Lightning Network donations, showing mainstream adoption.

[22:34]
Ripple and Egypt's Bank

Aaron notes that Ripple signing with Egypt's largest bank doesn't necessarily mean they use the XRP token.

[23:02]
Power Ledger Thoughts

Aaron is skeptical about Power Ledger, noting that putting solar trading on the blockchain would use a lot of energy if it scales.

[24:11]
Bitcoin to $15,000 Next Week?

Aaron says it's possible but unlikely; he mentions the upcoming halving (89 days away) and increased awareness as bullish factors.

[24:44]
2013 Bitcoin Price Prediction

Aaron shares a CoinDesk article from 2013 predicting Bitcoin at $1,820 by 2020, highlighting how far Bitcoin has come.

[27:17]
Most Pro-Bitcoin Presidential Candidate

Aaron discusses a Twitter poll where Trump won as the best for Bitcoin among single-issue voters, followed by others.

[28:36]
Becoming a Successful Crypto Influencer

Aaron advises having influences, studying smaller and larger channels, and consistently providing value.

[30:01]
JPMorgan and ConsenSys Merger

Aaron thinks it would be a net positive if JPMorgan merges with ConsenSys, showing traditional finance supporting decentralization.

[30:39]
Decred and Other Money Coins

Aaron believes coins trying to be money, like Decred, might do well in the long run, as money on the blockchain makes sense.

[32:07]
Hedera Hashgraph and Google Cloud

Aaron notes the recent pump of HBAR due to Google Cloud partnership but stays away from such alts due to lack of price history.

[33:22]
Charlie Lee and Litecoin

Aaron praises Charlie Lee for advising to accumulate Bitcoin first, and for being honest about selling at the top.

[34:04]
Long-Term Sell Targets

Aaron plans to hold at least 50% of his Bitcoin, possibly selling small amounts around $50k and $100k, but not all.

[36:00]
Ethereum's Centralization Concerns

Aaron dislikes Ethereum's trend toward centralization and lack of fixed supply, but thinks it will be around for a long time.

[37:08]
Saturday Meetup Details

Aaron reiterates the Lolli meetup at Boomtown Brewery, 5-7 PM, with drinks on them.

[38:14]
Logarithmic Charts

Aaron explains that log charts are useful for long-term Bitcoin charts because price goes up too fast on linear scale.

[40:37]
Bitcoin Fundamentalist

Aaron identifies as a Bitcoin fundamentalist rather than maximalist, respecting differing opinions.

Aaron wraps up the live stream, thanking viewers for hanging out, and reminds them to hit the notification bell for future streams and to attend the Saturday meetup.

Mentioned in this Video

Study Flashcards (8)

What is the Lindy effect in the context of money?

medium Click to reveal answer

Money evolves from collectible to store of value to medium of exchange to unit of account, and finally global money, taking decades.

09:37

Why does Aaron think Bitcoin won't become obsolete?

easy Click to reveal answer

Because Bitcoin has network effect and liquidity, similar to the QWERTY keyboard which persists despite inefficiency.

04:06

What is Aaron's view on Ethereum's trend change?

medium Click to reveal answer

He says there is no confirmed trend change yet; he's waiting for a higher high on the ETH/BTC chart.

14:48

What did Tony Hawk announce at the 2020 Bitcoin Conference?

easy Click to reveal answer

He accepts Bitcoin and Lightning Network donations for his foundation.

20:44

What is Aaron's long-term sell strategy for Bitcoin?

medium Click to reveal answer

He plans to hold at least 50% of his Bitcoin, possibly selling small amounts around $50k and $100k.

34:04

What are Aaron's two main criticisms of Ethereum?

easy Click to reveal answer

It's trending towards centralization and has no fixed supply.

36:00

What is the significance of the 2020 halving?

medium Click to reveal answer

Miners' block reward will be cut from 12.5 to 6.25 Bitcoin, reducing supply flow.

24:11

What does Aaron think about Power Ledger?

medium Click to reveal answer

He's skeptical because putting solar trading on the blockchain would use a lot of energy if it scales.

23:02

💡 Key Takeaways

💡

Lindy Effect and Money Evolution

Provides a framework for understanding Bitcoin's long-term adoption path.

09:37
🔧

Ethereum Trend Change Analysis

Demonstrates technical analysis approach to altcoin cycles.

14:48
📊

Tony Hawk Accepts Bitcoin

Shows real-world adoption of Bitcoin and Lightning Network.

20:44
📊

2013 Prediction vs Reality

Highlights how underestimated Bitcoin's growth was.

24:44
⚖️

Sell Strategy

Offers a practical approach to taking profits during a bull run.

34:04

[00:12] watching the market Bitcoin looks like it's about to pump and this is by all accounts a simple hangout so everybody gather in the chat and I will answer any gather in the chat and I will answer any and all questions waiting for people to

[00:32] and all questions waiting for people to join stream looks healthy yes people are guys pop in pop in this is by all accounts

[00:46] just a hangout if you're able to catch it live that's great you can ask me any questions hey what's up its up Robert see what's up Marco can you hear me guys crypto sport I don't know if you're like me but when the markets up like this

[01:04] we're pretty close to yearly highs I mean we've almost never been higher this mean we've almost never been higher this year nobody to talk to Austin's not even around this is Aaron if you can't tell the difference Austin is actually um

[01:16] late night on set but ask me anything in this stream I don't have a lot of different pieces of news to cover that's Austin's releasing a video going over the news and opinion but I actually have

[01:28] a lot of different I have some questions I need your guy's help on a certain I need your guy's help on a certain notable crypto influencer wants me to or their organization has um you know asked me if I want to interview him I'm

[01:43] actually going to both me and my brother a meet-up in downtown Los Angeles on a meet-up in downtown Los Angeles on Saturday food and drinks on the house I'm gonna tell you guys all about that if you're in the Los Angeles area you're

[01:56] gonna want to come to that on Saturday it should be fun like free food and drinks and to talk with bitcoiners alright let's go through some of these um we'll just wait for people to roll in serious question how many Bitcoin to

[02:11] retire in five years or less that was from Mina bish a and I mean serious answer that's up to you in your situation you know if you're if you live situation you know if you're if you live in Ohio let's just say in five years

[02:25] happen let's just say in five years Bitcoin gets to the to a price of a hundred and fifty thousand dollars per Bitcoin well time is five that would be a third of a million dollars I don't know if that's enough to retire on so

[02:42] maybe you need maybe you need some significant Bitcoin but uh it's really up to you in your personal situation Peter Parker says I sold all my X RP Peter Parker says I sold all my X RP two days ago what's up Ron John what's

[02:56] everybody grab a drink and let me know what you're drinking in the chat just what you're drinking in the chat just water that's fine yang gang pulled out yeah who's the gang gang gonna gonna go for now are yang gang they're gonna go

[03:11] for Bernie or I think yang was pulling some Trump errs or they're gonna go back some Trump errs or they're gonna go back to Trump Queen Queen racist says not

[03:23] sure if you're the mean twin or the nice one will tell me like what one twin has done that's nice or 1 1 plane has done that's mean because I kind of feel like am I the mean one but but I don't know and once again guys this is just Q&A if

[03:38] you're watching this back later you might want to hit the notification bell time we do it but other than that we're just going over questions not sure if

[03:51] you're OK altcoin daily how do you feel about the fact that a decentralized version of Hedra hash graph could one day make Hedra hash graph could one day make Vic's Bitcoin obsolete I don't know all

[04:06] there is to know on Hedra hash graph but I'm skeptical I'm skeptical I mean that's what everybody says right be cash litecoin everybody says right be cash litecoin for faster or iota has the the dag the

[04:19] tangle could that make Bitcoin obsolete well right now bitcoin has the network effect right and the liquidity and that's a strong selling point it's just their computers just like you know you see the qwe rty

[04:33] just like you know you see the qwe rty the security corty keyboard that is actually not the most efficient keyboard you could make it actually make people learn them you can type way faster the problem was the QWERTY

[04:47] keyboard originally put in place because typewriters would jam up and they needed to slow people down we still use the QWERTY keyboard today so it's going to be hard to make Bitcoin obsolete so that's my answer to that hi from Florida

[05:02] that's my answer to that hi from Florida missed a tipped question okay Rob G now we're talking can you give us a price prediction on card ah no well let's look prediction on card ah no well let's look at card on Oh real quick okay so I'm not

[05:20] don't worry I'll get back to it so if you put something we'll get back to it but um once again Austin is on set right now TV show me actually gets to work with a Instagram influencer today like a like a

[05:36] hot to model type and they have an intimacy coach onset of to ask him about card ah no right now 7 cents that surprises me look there's a little uptick I think it got to like around 2 cents for it's um

[05:51] cents for it's um lows honestly anything could happen with card ah no number one main net has never been out we don't know what it can do number two the only reason it ever got to be worth anything was because it

[06:05] launched or launched actually a ways before but I mean it's all time I was at this isn't they didn't have anything back then besides saying that you know

[06:17] Charles Hoskins sitting on a whiteboard talking about his vision so it's a lot talking about his vision so it's a lot of hype it's hard to give a prediction price history the only crisis we have with based on speculation it's hard to

[06:32] say I would wait for like I said this in the video the other day I think a lot of people liked this video said this in this video the other day that you know we just have to wait till retail people get back in and we're

[06:47] gonna see a trend change and it could easily go past all-time high as Cardno they're trying to find the next Bitcoin but we're gonna wait right so good

[06:59] question Rob G and I actually in this video we are going to I was I was looking at some alt coins after my video from the other day which again I gave my opinion there make sure you take a look at that we're gonna look at a theory on

[07:13] because the theorem has been pumping and I'm gonna give you this is the etherium versus Bitcoin chart I'm gonna give you my thoughts on that in a few minutes but that's what this is today just Q&A if you want to hang out do you believe this

[07:28] important for Bitcoin to continually work towards becoming a day to day work towards becoming a day to day payment coin that's a good question because back in 2013 back in bitcoins early years you know by Roger Bear and

[07:42] the lot it was sold as you know fast cheap easy transactions nonsense Bitcoin is scaling we know that fast and cheap aren't necessarily the selling points it is the decentralized permissionless aspect among other things my answer that

[07:58] is Bitcoin could in my opinion Bitcoin could easily grow in value without being just as digital gold it could easily you know get a lot bigger from here in my opinion and we'll never have to you know work towards what you're talking about

[08:12] however I think it's good that that is happening and whenever a Bitcoin is ready when once the network effect grows let me let me pull something up you're gonna find this interesting we're gonna go to Twitter hey I should

[08:27] we're gonna go to Twitter hey I should tweet out the link to this session right should I do that yeah I should how do I get it we're

[08:39] questions this is gonna be good you're gonna help me craft this tweet everybody hit the like button if you haven't hit the like button when I grab the link

[08:53] the like button when I grab the link I just grabbed it we're gonna tweet it I just grabbed it we're gonna tweet it out right here what should I say

[09:22] wanted to comment underneath this tweet I'll be reading those later probably let's get back to the chat okay this is what I wanted to bring up about Bitcoin working towards a means of payment so let's go to Murad Mahmood off

[09:37] let's go to Murad Mahmood off she always has this pinned and this is she always has this pinned and this is what's known as the Lindy effect if you look up the history of money you know that no money ever starts off as a means

[09:53] of exchange unless it's you know like a government type thing starts off first of seashells Rai stones look into it first it starts off as a collectible in first it starts off as a collectible in bitcoins case a digital collectible next

[10:08] it turns into a store value now I consider Bitcoin a store value some people do but quite honestly right now we're between digital collectible and store value and you know this whole chart is gonna take years because the

[10:21] last thing is you know full-blown global money after it's a reliable store value and the price stabilizes of all of a sudden the price stabilizes well now we can use it as a means of exchange because all cryptocurrency fluctuates so

[10:36] much it's hard to do that after it starts getting used as a medium of exchange then you'll turn into a convenient unit of account after greater price stability and then after that a full global money and this can honestly

[10:53] take this could honestly take decades you know but this is kind of you know bitcoiners fact is Bitcoin has no single point of failure I don't think it's going away anytime soon if Bitcoin bitcoins been

[11:09] around 11 years if Bitcoin could look if Bitcoin can last 20-30 years I see no another 100 200 years you know it's just these first few decades are the most

[11:22] important down here and then you know it's just trust and and then you know it's just trust and awareness acceptance right all right what do you think about data token I've done a deep dive on it years ago not

[11:40] into it I think it's probably gonna trend toward zero the idea is cool but the implementation and execution it's just way too risky for me okay 2250 Bitcoin for modest retirement I like that I like that how many likes

[11:55] do we have somebody tell me in the chat how many likes we have hi from Austria what's up she bla hey what's up Erin I'm sipping vodka and OJ nice it's a

[12:07] screwdriver Dexter I like it xrp pump today oh we're gonna talk about aetherium pump thing in just a second chaga tea okay tea is nice even though point h2o redbull ok hex awareness team I want

[12:24] h2o redbull ok hex awareness team I want 5 K a month to retire so 5 times the amount of months I have to live all right well he's doing the math end of pomp for a bit do you think just got here honestly I don't really know if

[12:38] this is the end of the pump it looks to me like Bitcoin really wants to break me like Bitcoin really wants to break above 10,500 but you know having a hard time doing that so I don't necessarily think it's the end of the pump until we

[12:53] timeframe and that'll move to the four hour time frame then the day time frame have some people tuning in from around the world bernie is the next president

[13:05] yo Aaron you were the real one I love it would you ever short the market I'm not a traitor if I was a traitor I might but not it would be I mean shorting right now bull market I'm not if I was a trader I would but I

[13:20] wouldn't do that I'm smoking some passion fruit what's up one of the twins hex hex awareness team is putting me on blast or one of them one tells the truth I don't know which one is which okay funny

[13:37] good question what happens to Bitcoin if the dollar fails well if the US dollar fails that's going to be turmoil it depends why it fails right look if

[13:50] the if the US dollar fails but the world isn't in too much disarray then Bitcoin will just get priced in whatever is the whatever is most convenient maybe the I the yen I'm not sure what it would be just like you know gold is priced in the

[14:06] just like you know gold is priced in the US dollar crypto evolution says I have a channel if anybody's interested nano giveaway tomorrow I'd be very wary of giveaway tomorrow I'd be very wary of that all right hey what's up

[14:22] that all right hey what's up [ __ ] from as thanks for the fist bump [ __ ] from as thanks for the fist bump all right

[14:35] only 11 likes are you serious push the like button push the like aetherium because a lot of people were telling me after my stream yes or after my video from today have you seen aetherium that is pumping

[14:48] to high heaven how can you say we don't have a trend change do you guys want to have a trend change do you guys want to talk about aetherium or what let me know

[15:02] Hugo's hop says question how low price will Bitcoin be when you realize it's a pyramid scheme um you should look up think it's by Parker Lewis it's the same guy who did the video from or did the article I

[15:19] shared a week ago gradually then suddenly Bitcoin obsoletes all other money and he has an article in the same site called is Bitcoin a pyramid scheme and he goes over that's really good article check that out I don't think

[15:33] bitcoin is a pyramid scheme not any more than you know you wouldn't call Apple stock a pyramid scheme although if you invest you're hoping somebody buys in invest you're hoping somebody buys in after you so just look into it okay 130

[15:46] like button if we have a hundred thirty likes if everybody those two seconds to hit the like button I want to talk to you about aetherium where I'm gonna be on Saturday during the LA area free beer and food so

[16:02] yesterday this is a aetherium versus Bitcoin chart if you take away this area right here aetherium had been trending down for a long time and look at this everybody said you're crazy how can you say there's not a trend change when

[16:16] aetherium looks like this versus Bitcoin in that's too low I'd say higher low and look at this well you know you zoom out and you see that it's not necessarily a

[16:28] trend change as of yet what we're seeing right here could easily turn into right here could easily turn into something like this right here or it could not maybe this is the bottom all I'm saying is I'm playing it safe with

[16:40] the old coins until we see a definite trend change like we do with Bitcoin because look at this aetherium versus Bitcoin we don't have one higher high Bitcoin we don't have one higher high yet go to the Bitcoin chart versus USD

[16:53] yet go to the Bitcoin chart versus USD you know what it looks like yeah looks like a trend change to me of course anything could happen let's get back to

[17:05] the chat then I want to talk about the LA meetup I'm gonna be at on Saturday ok LA meetup I'm gonna be at on Saturday ok korzel you are in a timeout

[17:31] it whoops I think I gave the wrong person a timeout sorry all right

[17:45] person a timeout sorry all right what are your thoughts on XRP might pump what are your thoughts on XRP might pump hard that's a good marketing team okay everything is going down post having at least for a little while okay from Doug

[18:01] see how do alt coin Daly do you think Warren teens in China will cause significant Bitcoin mining difficulty adjustment so what you're saying is because there's the outbreak in China might be bigger than we think there's a

[18:16] lot of mining in China do you think miners are going to have to in panic mode whatever they're doing turning their mining machines off in which case their mining machines off in which case difficulty will go down it's possible

[18:28] but miners in China start turning their mining machines off miners in other parts of the world are going to want to have that edge and they're gonna they have that edge and they're gonna they might have more hashing power you know

[18:48] I'm Bitcoin all the way but I don't understand how a normal person would buy a house car with Bitcoin they don't have if it was the standard as the creation if it was the standard as the creation of credit would die with Fiat um I don't

[19:04] think it would die and there's even like you know credit inside the like Celsius and other companies so I don't think it would die and there can still be you know crept there there can still be credit with the you know the

[19:20] bank money the fiat money that's not going to go away for a very long time all right guys let's do it let's uh let's move on okay so this is not it

[19:35] this I'll go to it right here it's actually I'll go to it right here it's actually put on by Krypto Wendy she's having here it is it's been a minute but I'm excited to announce my first event of 2020 with

[19:52] to announce my first event of 2020 with lolly and the CEO of lolly it is on the 15th day after Valentine's Day this Saturday from 5 to 7 at the Boomtown Saturday from 5 to 7 at the Boomtown brewery in downtown LA meet up for

[20:04] drinks and food on lolly and you can RSVP on her account right it's gonna be great I'm gonna RSVP in just a second but we I'm gonna RSVP in just a second but we went to this lolly thing with her was it

[20:19] last year it was a blast it's a blast talking to a bunch of a bunch of bitcoiners and if you don't have lolly I recommend it if you're shopping on Amazon you're just a lot of places online you're getting Bitcoin back and

[20:31] I'm for a referral code in the description below um what else what else description below um what else what else Tony Hawk I'm at the 2020 Bitcoin

[20:44] conference talked about how he is not only taking donations with Bitcoin but also taking donations on the Lightning Network which I thought was pretty cool excited to have Bitcoin donations as an option for our supporters as I said we

[20:59] tried to come to we try to come to them as much as we can and we know more and so we want to stay ahead of the curve frankly we didn't expect to see any

[21:11] Bitcoin donations for a long time but they started coming in within days of they started coming in within days of launching the option in June of 2019 so launching the option in June of 2019 so Tony Hawk still on the cutting edge

[21:23] let's go back to the chat huh Bitcoin pumping let's go to the hour chart it's close its close to pump and I hope this pumps before I stop this livestream okay

[21:39] pumps before I stop this livestream okay get to that super chat in a second corrections gonna come sometime correction is gonna come sometime we're

[21:53] correction is gonna come sometime we're looking for that higher low and honestly if we switch to the day chart you know as long as it doesn't go below this purple trend line which is going all the way back for years I don't see really

[22:07] any reason to worry Bitcoin could drop to 70 to 72 hundred today and I'd expect think it's I think it's very unlikely we'll see Bitcoin in the six thousand

[22:20] seven thousand range again but it is possible right Ripple signed with

[22:34] Egypt's largest bank that might be true doesn't mean they're using the XRP token doesn't mean they're using the XRP token I talked about aetherium we're waiting I talked about aetherium we're waiting for that trend change remember

[22:50] for that trend change remember everything will be tokenized I'd say there will be some things tokenized for sure but I don't know about everything well everything might be tokenized but it's not gonna be decentralized and

[23:02] permissionless like bitcoin is you get it all right here we go from [ __ ] a Z power ledger thoughts I used to think power ledger seemed like a good idea

[23:17] power ledger seemed like a good idea you know it's trading solar power it's trade solar energy with your neighbors and it saves a lot of energy but then

[23:29] putting something like this on the blockchain if it ever scales would use a blockchain if it ever scales would use a lot of energy right you know I don't I

[23:41] don't think Power Ledger's investable at this moment alright I mean let me drink to it alright Bitcoin centric is in the house hit the likes show Aaron some love yeah it's just me today and literally is just

[23:56] it's just me today and literally is just an out whoo-hoo old-school Kampf what's up Alex what's up silver slave what's up tezo's

[24:11] what's up silver slave what's up tezo's how high I don't know Bitcoin to 15,000 next week you know that's a possibility it's unlikely but it's possible that this could be the cycle where you don't get a lot of time to accumulate and here

[24:27] the bottom just I mean think about it having 89 days away the supply flow will be cut in half miners instead of getting 2.5 Bitcoin or 12.5 per block will get 6.25 there's never been more awareness actually check

[24:44] out this this was on pretty interesting there is a this is a coin desk article there is a this is a coin desk article from October 29th 2013 where this person from October 29th 2013 where this person and back in 2013 gives his opinion on

[24:57] you know what makes Bitcoin valuable how is the network looking Bitcoin he says as for use cases online payments point-of-sale payments remittance and point-of-sale payments remittance and investment at the very end in 2013 seven

[25:11] years ago he gives his Bitcoin prediction for 2020 potential Bitcoin prediction for 2020 potential Bitcoin price will cut to the chase solving for the price of P in showing the result by the more common inverse notation we get

[25:26] the more common inverse notation we get a potential price of 1820 per coin for a potential price of 1820 per coin for Bitcoin that's quite a lot again please bear in mind that this is not a prediction then he says if the Bitcoin

[25:39] price really reaches something like 1820 by the year 2020 the market cap will be 33 billion and that's still small compared to where it could eventually go but the point is you know people never thought I'd get this high you know right

[25:53] now people are thinking Bitcoin might hit a hundred thousand dollars nobody can even fathom what's possible but I think fundamentally it could okay I think we had yeah here we go hey top fan what's up hey Aaron

[26:08] protocol thinker will be the biggest crypto in thinker will be the biggest crypto in 2020 vitalic used to work for trend at Ocean I'm honestly I haven't heard about it I can look it up real quick but I

[26:21] have to research it I don't think it would be the biggest I mean okay so this would be the biggest I mean okay so this is it ranked 167 let's go to social data

[26:42] swap and tilt outreach use cases in biotech and pharma a lot of buzzwords don't have any thoughts and I'm skeptical I'm skeptical until retail

[26:56] gets back in then I'll be like wow that's cool did you guys um agree with what I said about power ledger by the way I mean do you think if power ledger scales on the blockchain is not using a lot of energy

[27:17] who is the most Pro BTC presidential candidate that's a good question we had that Twitter poll I'm sure you're referring to and we'll go over Twitter I've been tweeting a lot of good things you guys know this guy I can feel it

[27:31] you guys know this guy I can feel it pumping 77 likes 16 retweets you know pumping 77 likes 16 retweets you know this monkey gorilla but this this was the results of the poll since Andrew yang is out and he won the last poll who

[27:45] if you're a single-issue voter who is the cryptocurrency Bitcoin candidate who is the best for Bitcoin and Donald Trump won followed very closely by show results and then Bernie Sanders and then Pete Buddha judge so it's interesting I

[28:01] don't there's really no front-runner I guess besides Trump not that he likes world where cryptocurrency thrives let's see who commented underneath this post you have the master 150 K is really into litecoin

[28:17] I like it okay crypto and culture I like him feel like it's high making videos nothing wrong with that but what do you think it takes to be a successful crypto influencer you have to

[28:36] have a general interest you have to have your influences you once start a band if you didn't have influences so when I was a smaller channel I used to look at I small as me medium channels and then larger channels with over a hundred

[28:50] thousand subscribers and I used to think what are they all doing and if I like I do something like that except with my own twist or you know I'd have these channels like a channel that had like 20,000 subscribers and I am back before

[29:05] looked at that guy's channel like if that guy can get twenty thousand this I think I can at least get that it's my opinion you know our content was

[29:17] more valuable but it's really just consistent content providing value right

[29:29] go about ten more minutes as you can see this live stream is a little bit light on content just want you to hang out with everybody so I tried to look pretty good in that thumbnail must she'll buy [ __ ] to be a

[29:48] thumbnail must she'll buy [ __ ] to be a pro like Ivan ok Giulio you thoughts on pro like Ivan ok Giulio you thoughts on JPMorgan merging with consensus which is JPMorgan merging with consensus which is the etherium connected conference if

[30:01] that does happen and I just saw the headline I haven't read the article but if that does happen it would really be like big business and the big you know traditional financial sector you know throwing their support for

[30:16] throwing their support for decentralization with smart contracts I think it would be a net positive I'd say but I don't know how can it remain see the specifics thank you Krypton culture

[30:39] spreads virus again what do you think about deke red well a lot of smart people like deke red they always say like Murad Mahmood off likes it I know one of the guys from ready said crypto like it and really I think that in the

[30:57] long long run coins that will do well are the ones that are actually trying to be money because money on the blockchain makes sense to me and it can be makes sense to me and it can be decentralized so deke red is also trying

[31:12] to be money and I don't know the specifics about its protocol and everything but might do well because I feel like in the you know in the span of decades people are Bitcoin will take the lion's share of the market but if this

[31:27] is really gonna be decentralized it might be good if we had a different a might be good if we had a different a different another decentralized happened to Bitcoin and I don't think that would be litecoin in the in the

[31:41] long run maybe and you know it's I'm not saying like coins gonna go down tomorrow but litecoin is just a clone of Bitcoin so if something were to happen to Bitcoin why wouldn't that happen if litecoin D credit is different so that

[31:53] would be a nice thing I could say about it I'll have to look into it more but a lot of smart people like it crypto and culture my pleasure man Pearson fields culture my pleasure man Pearson fields hey ern what do you think about h-bar

[32:07] partnership with Google cloud Pumped recently the project looks promising big fan by the way I like this I like it too each bar let me pull that up Oh

[32:21] somebody oh yeah somebody asked me about this oh my God somebody asked me about this oh my God look at this pump I mean this is just

[32:35] in get in on that but anything could happen it hardly has a price history anything could happen I'm staying away from alts like this one you're a trader or if you're trying to trade maybe you

[32:48] could profit off it maybe that'd be good but yeah money is the killer app Briggs I agree money is the killer app what you say you're like blockchain you just don't like it's one major use case that everybody has like the biggest network

[33:01] effect people who say blockchain not Bitcoin are weird to me because Bitcoin has the most successful blockchain there is sick okay

[33:22] Texas rigged says I like how Charlie Lee is trying to push adoption but I Lovelight coin but even he said to accumulate one Bitcoin before anything accumulate one Bitcoin before anything yes he was smart on that he said guys I

[33:35] Bitcoin and trying to get as many alts as they can but concentrate on one Bitcoin because that's the one that stands the test of time as far as Charlie Lee selling at the very top when litecoin is over $300 a lot of people

[33:48] but at least he was honest about it he's one of the only founders of a coin that everybody else just probably pretended like they didn't but guess what it all like they didn't but guess what it all went down okay Daniel Aaron what are

[34:04] your long-term sell targets for Bitcoin during the cycle if any similar to Bob Lucas yes of course that's what we all think about it we're all gonna be holding forever unless it gets really high then we're gonna sell a little bit

[34:27] you know what I would I would like to say I'm not gonna sell until around a hundred thousand dollars but it's possible I could sell around a little bit very little bit ten percent or less like

[34:40] very little bit ten percent or less like probably last 5% around $50,000 is that probably last 5% around $50,000 is that then Bitcoin will have a one trillion dollar market cap it'll put its market cap at the trillion range might sell a

[34:52] little bit around $100,000 because that's a big milestone and then I and you know it really depends guys it really depends what the what the charts look like I'll tell you one thing I'm not gonna sell I'm going to hold at

[35:09] least 50% of my Bitcoin because this could definitely be a super cycle the cycle is very different from the others hey if you like the live show hit the like button that's great I love it I'm gonna look right now and

[35:23] if we don't have over 300 likes I'm gonna look right now if we don't have gonna look right now if we don't have over 300 likes you're gonna have to explain that to me I'll give you a second if anybody hasn't

[35:35] hit the like button I'll give you one second I'm about to look okay I'm gonna answer one question then I'm gonna look should a Bitcoin holder holders sell and

[35:47] idea that's up to you Ethan clearly doing well for the past like a lot of altcoins it really depends on your time frame the higher market cap

[36:00] coins are probably gonna be around we'll have a better Lindy effect so it's really up to you I'm I mean eath it's probably gonna be around a long time probably gonna be around a long time right as I said before you know what I

[36:13] don't like about eath is that it's trending towards more centralized it's trending towards more centralized it's becoming harder and harder to run a node and also there's no fixed supply so those are two things I don't care for

[36:26] hey Kelly guy hello all the way from Dubai finally woke up in time for your live stream great Channel coming to LA in August for the first time that's awesome so there's a lot of people from the Middle East to come to Los Angeles

[36:41] in the summer surely plenty of friends be in good company and plenty of sights to see good good to have a plan and stick with specific on my plan but the thing is I'm not even close to selling at this point

[36:55] not even close to selling at this point so ok hex awareness team where you guys so ok hex awareness team where you guys gonna be on Saturday Benton says human beings are rationalizing animals that's right that's right this is where I'm

[37:08] gonna be this Saturday and you can head over to Twitter and see Wendy's Wendy Oh's tweet about it she invited us downtown Los Angeles brew town brewery

[37:20] five to seven and it's a lolly meetup and the drinks are on them and we'll just be mingling just like everybody else you know but it would be cool to talk to some bit corners right I just bought some white coin today says

[37:33] bellows that's cool you're gonna hold Bitcoin and miss the altar Allie well actually went over that in my video yesterday I'm not a traitor so yes I

[37:45] missed the altar Allie but I'm not gonna miss it when retail goes back in so about to look at the but look at the likes better I'm over 300 hey we do

[38:00] great job guys great job could get a little more could get a could get a little more could get a little more great job all right guys five more minutes final questions and I think it was a successful hangout right

[38:14] I mean that's the fun thing about the hangout is pretty low-key right and tomorrow or coming at you with a regular content let's get some good last questions and seriously five minutes that's it have you seen Bitcoin charts

[38:29] and litecoin charts something about a log math logarithmic chart not sure about the question I mean that's what this chart is logged more log is a log chart and so it's log right now I'm going to switch it off log now it's not

[38:45] log and the thing is if you you know you can to look at a Bitcoin chart on a long time frame without making it log just because it goes up too fast because it goes up too fast along with a lot of coins so Oh

[39:02] way to end the stream here's ten five dollars Pearson Fields altcoin daily should look into eath project each project that are clearly not scams not the only type of adoption invest in Google during the dial-up era yeah of

[39:17] course all I'm saying is I'm not saying that like it there's not cool things going on like I love the technology all I'm saying is I'm not investing I'm saying is I'm not investing in it especially in like you know I like

[39:32] in it especially in like you know I like lower cap altcoins until the retail gets my plan so Benton I'm sticking to that plan just read somebody said okay John says wait what's up John how's Malibu over three

[39:47] hundred likes now remove one piece of clothing god no if I had on in like more than a few pieces of clothing I would hex have recirculated or eath into

[40:03] buying hex to increase the value Ethan shows the trail of eath moving back yeah yeah we did the video about it like we covered that guy's research in this theorem goes when you buy hex you know what not it was a great video very

[40:19] valuable not tons of engagement I just don't think there's a lot of people don't think there's a lot of people interested in hex

[40:37] maximalist although I do agree with a lot of their reasoning and talking points I would say I'm a Bitcoin fundamentalist and I'm happy that you

[40:49] you know that you have a different opinion than me all right guys about to end this stream I think it was great how long we've been going 43 minutes that's long we've been going 43 minutes that's great yeah yeah all right cool guys

[41:08] great stream appreciate you guys hanging out with me I thought it was fun Oh Erin I used to like your channel a lot even though you are a Bitcoin Maxie but I don't understand the misleading title of the stream other coins are up

[41:20] huge but Bitcoin dominance is right is down right now well I wasn't talking down right now well I wasn't talking about the dominance but you're right alt coins are going on a rally but mister I did show you with eath although this

[41:34] looks great this is not a trend change you see anyway guys great stream it's fun to hang out sometimes regular video coming at you tomorrow if you want to get our next live stream hit the notification bell come to our meetup on

[41:49] or Wendy's lolly meetup on Saturday might do a live stream there that'd be might do a live stream there that'd be fun and other than that see you tomorrow

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