Exciting Times! Big Bitcoin News for May 2020! What You Need to Know! | Chill Hangout

[00:06] morning this is Austin and Aaron from altcoin daily coming at you live from Los Angeles California grab a drink we are gone over the Bitcoin having the most recent crypto news so uh 3045 seconds tops guys will

[00:22] news so uh 3045 seconds tops guys will have fun fun hangout today ooh Los Angeles all you need is one of these to be almond butter the other have to be

[00:37] abakada with mustard seeds you can pay $13 for such a dish what do you guys $13 for such a dish what do you guys eating what you guys drinking a lot to talk about a lot to talk about so we're doing a hangout are we talking about new

[00:52] it's more of a hangout guys it's a Sunday with 8 days to go till having its news it's news but just one go it's a Sunday so about 30 more seconds and we interesting stuff we can you know she's [ __ ] up we'll find out um smash the like

[01:09] [ __ ] up we'll find out um smash the like buttons like button what's the chats in buttons like button what's the chats in go there's almost 500 people in the chat go there's almost 500 people in the chat yes guys everybody take two seconds hit

[01:23] the like button there's 500 people in the chat but if everybody likes the people in the chat that'll be pretty cool can we get this video to mass cool can we get this video to mass adoption so Christian spike says sup

[01:37] it coffee black for me Bitcoin burn Ellie says a Red Bull and rice with chicken broth alright hello it's hardcore I

[01:50] sounds kind of hardcore he's a traitor though I have 20 more seconds and then though I have 20 more seconds and then we talk because it is exciting it is exciting how close they are to the happy end and what the industry is talking

[02:03] about Bitcoin centric coffee black I'm about to get some coffee yeah guys we give consent to smash our like button total consent now under grab the coffee star whenever you like all right let's do it

[02:33] eight days 13 hours 44 minutes we're not even gonna count the seconds and so the Bitcoin block reward having now this channel has informed you almost to death on what to expect that's our job that's what we do but today's all about Daily

[02:48] what we do but today's all about Daily News Bitcoin miners usually create six blocks per hour they just banged out 16 it's obviously huge increase and in my opinion I don't know what that means in my opinion this

[03:03] has I mean that means they're mining faster than ever it's like you know we'll get into it but I think this has everything to do with bitcoins hash rate everything to do with bitcoins hash rate it's near slash practically at all-time

[03:15] highs more people are mining Bitcoin than ever but it it's usually six than ever but it it's usually six letters banged out 16 let's jump in each new Bitcoin block is produced every 10 minutes on average the exact time

[03:30] required to produce a new block can vary significantly independent part on the current mining difficulty level which adjusts every 2016 blocks or approximately every two weeks and so this is pretty much the chart I showed

[03:46] you the other day the beauty of Bitcoin is the mining level adjusts so as we just saw the hash rate higher than ever as more and more people hop onto the network that difficulty this red line it's higher and

[03:59] higher every two weeks then as it becomes more expensive to mine maybe some people drop off that's expected things adjust and the hash rate every two weeks will get lower and lower until it's profitable enough for miners to

[04:13] stop start hopping back on beauty a Bitcoin but uh like we said it's usually six it was just sixteen some more blocks than before so that means that

[04:25] because they're mining too much well such rapid block production could signal bitcoins current difficulty level is too low meaning new meaning mining new blocks is too easy meaning so many miners are still learning that the

[04:42] difficulty has to increase to make it harder for those miners to mine absolutely that's the beauty of Bitcoin itself adjusts and that really what makes it I mean that's what gives it sort of the power to the people that

[04:55] gives it relevancy rather it's able to stand the test of time so it could be that or it could be a simple coincidence the product of block time variability so we can know concise answers from this news story I put it over to the chat 30

[05:11] 60 second look into the chat what do you guys think before we get to our next piece of news we have 740 people watching when I asked everybody to smash the likes I feel like tons of people did that's

[05:24] why we saw such a big boost so almost three hundred people liked the video not as far as that's some pretty vocal people in this chat well Bitcoin people in this chat well Bitcoin Brunelli clarified saying that no no the

[05:39] Brunelli clarified saying that no no the red bull isn't mixed with all that stuff investment or not hey well it's a great question that was from Ellen Ellen Allen

[05:56] it depends on watching value Bitcoin cash is an altcoin first and foremost so you always have to consider that I heard it was a real good that's anybody that tells you that either is lying to you or they truly

[06:09] don't understand what is between value hey Bitcoin isn't here let me zoom in Bitcoin isn't here because credit cards and PayPal were too slow and expensive

[06:21] right bitcoins cash cash is value proposition as it's both it's faster and that's cheaper transactions that's cheap reliable payments those are big point is well bitcoin is in here for fast and cheap payments we have PayPal we have

[06:35] cheap payments we have PayPal we have credit cards venmo - yep bitcoin is here to provide a sound a slayer reserve money that's that displays that displaces evil central banking cartels so the fact that

[06:48] something is censorship resistant and decentralized that's the value of Bitcoin so I mean one Bitcoin starts getting more and more popular it is a fact that the fees will still be there and probably slightly increase like

[07:01] people are people are going to notice oh I sense this Bitcoin it cost me you know sixty cents or whatever nobody is saying Bitcoin is perfect but we are saying the

[07:13] that it cannot be shut down there is no single point of failure Bitcoin cash we saw a month ago they just chose to implement attacks on their miners that's Roger beer the head of G ha new head a big man a few people chose what to do it

[07:28] no in my opinion money shouldn't be that easy for a group of a few people to choose I'm not sure that actually went through that specific thing yeah they just they proposed it and they gotta come to backlash Peter Roland says some

[07:41] women are also fast and cheap but you don't keep them around Oh guys that make it out for sure um I was gonna say something about remember oh yeah you

[07:57] know I've said this before I think the narrative in 2016-2017 was that Bitcoin was like money and like people didn't understand what that you know meant they think it means what like Roger bear says it means fast cheap reliable payments

[08:12] it means fast cheap reliable payments like a memo or something so that was a pain point that's right excuse me this guy's mute button buddy kind of dry that was a pain point in 2016 2017 because people said oh I want

[08:29] to be get this investment that's money then they took a long time than they expected it cost more than they expected but now that the narrative is more understanding what actually gives Bitcoin value they don't think bitcoins

[08:44] um you know time it takes the center transaction or or fees are going to be because people going to understand oh this is not been going to understand oh this is not been mo this is digital gold maybe I'm gonna

[08:58] check the chat if you want to get some water I'm gonna grab my coffee coffee you guys let's go to the chat is this like ASMR hey what do you think the

[09:11] occasional Sunday livestream I like it you know it's whoever can join fun hangout let's go to the chat excellent conversation this is a conversation says conversation this is a conversation says Arturo I want some look at harmony

[09:35] Bitcoin will be in circulation by the 2028 having that's crazy I mean it's probably most of them are gonna be mine don't know what's up Paul Paul McNeill in the house good to see him in somebody I lost it but somebody asked what you

[09:50] guys think the price is gonna be on before and after the 2020 big point having to answer that question good thing I know it this exists let's go

[10:04] right to our favorite sponge here is the answer about the Bitcoin price before answer about the Bitcoin price before and after the having nobody owes stop asking but I mean you know when the price is down in Bitcoin you know

[10:18] there's a capitulation month or two ago and you know we are still making long term bullish videos I felt like our comments were filled with people who are just fed up with it you know thinking bitcoins never gonna go up why are you

[10:30] telling people to buy the price is so low and you know now people if you people who decided to do that or happy so it's just like I guess the point is it's long term you know it's not gonna the having is too close now you know

[10:45] what I realized did I share my screen for this you guys are you guys watching for this you guys are you guys watching the screen right now probably not well the screen right now probably not well guys this is let's see sure that's fun

[10:57] is very important all right when I referenced a sponge earlier this is that sponge oh sorry I was not sharing my screen

[11:11] watching show us something else well I just want to be very clear here's the answer about bitcoins price before and after having nobody notice stop asking funny little meme SpongeBob's got is Bitcoin you know beauty is in the eye

[11:26] is Bitcoin you know beauty is in the eye of that beholder but let's keep going helpful going hey I didn't see your screen now I do all right cool I appreciate you ah hey more of a headline than a news story

[11:40] but the Dow Jones slid 1,000 points or the past few days Bitcoin stayed at 8700 now this is a Bitcoin stayed at 8700 now this is a picture of the S&P obviously we talked

[11:53] about how traditional markets had their best you know month of April ever and the Dow Jones the S&P continue to slide now in my opinion Bitcoin can only hold

[12:05] if markets continue to go down especially if they're sharp decreases but what do you think traditional markets are still sliding Bitcoin right I mean I think if the whole country gets back to work the problem is different

[12:20] parts of the world are getting back to work at different time so if China gets they're gonna start producing all of a sudden they have no buyers things people all of a sudden other parts of the world aren't back to work it's going to be you

[12:36] it's hard to say anything could happen these are crazy times and you know what not everybody agrees with the opening agrees with the closing of the economy and the reopening happened last week I believe thousands of protesters a few

[12:53] days ago oh my god a few days ago thousands of protesters plot to Huntington Beach following state-ordered OC beach closure so they closed the beach and even in Liberal California I guess the OSI is a little more

[13:07] conservative but liberal California these people did not like being told they couldn't go to the beach is this being blown out of proportion or is this you know a smaller picture that facts people's rights bigger picture is

[13:21] this right is this wrong chat or is this kind of a problem that takes care of itself if these guys were right then they're right and they won't and nobody will get coronavirus if they're wrong this thing kind of works out itself you

[13:34] know yeah but uh we are looking at the chat so if this was you they are mod wants to know if you were protesting I was not you know what this is this is my view that's a good question I believe you know eventually yes these

[13:48] the government does have to open back up especially for small businesses that need some cash flow but as long as there's enough tests out there for no brainer yes we're gonna start opening the economy if we waited another week I

[14:04] think we would have got a little more testing out there and more confirmation of who has it who doesn't what do you think Janice did Erin send me a message about doing a review of lunch money on one of your upcoming shows I received a

[14:18] message from the old coin daily page was that real or stammered first of all our streams are never called lunch money at the pump Leo knows so and we did not reach out to you or anything like that so we will never ever reach out to you

[14:33] will do right on these live streams or or produced videos there are scammers of us all twin daily and on LinkedIn on Gmail somebody says which altcoins you

[14:47] which all coins are you bullish on I already gave my opinion I am you know already gave my opinion I am you know this is you know altcoins pompon hype in my opinion and speculation and I'm really waiting til retail gets back in

[15:01] which probably won't happen until after Bitcoin breaks 20,000 but even if that happened before I think I'm going to be conservative so we'll just have to see type around them or maybe they do some of the best marketing and that's me a

[15:17] lot of people say hey why you guys only talked about Bitcoin and we do talk reason you know we only talk about Bitcoin is because right now that's the most interesting to me because it's fun it's actually solving a problem like the

[15:30] censorship Bitcoin actually fixes that I do want to say we do have a news story that directly affects you we referenced it yesterday if you are part of the old Quinn Daley army you definitely need to

[15:44] hear this you know soon to make sure you stay up to date on this channel I lost stay up to date on this channel I lost my page but the question budget of the question which altcoins are we liking I mean nothing has changed since when we

[15:59] talked about it a week ago two weeks ago but for example digi byte over the last but for example digi byte over the last month two months went up over to 300% saying hey why don't you talk about digit light and for me you know this

[16:15] channel talks about news if there's no reason for this to pump then you know what would what is there to say what I it was a huge piece of fundamental news that would be the story right let's talk about I think YouTube is actually

[16:29] incentivizing more alt point videos let's talk about the recent censorship let's talk about the recent censorship hey uh we titled our video yesterday you know big corn that was in the title I think a lot of you saw it's because I

[16:43] wish I would have pulled these screen shots but we have confirmation based on our own not from them based on what we what we see that anything with the term Bitcoin in the title of a YouTube video immediately it was good for six hours

[16:58] getting a lot of views and immediately we saw flatline so there was actually two days ago be dead in my video yesterday I released a video it said like Bitcoin it close to breaking nine thousand CNBC finally talks about the

[17:10] having I got shadow band right away as in none of the subs could see it after thirty minutes I took the video down re uploaded it the only thing I

[17:22] changed instead of saying Bitcoin I changed it to bit corn and all of a sudden it got it was in people some feet again so YouTube is shadow banning the word Bitcoin in the beginning of titles at least in the beginning you know it

[17:36] might be safe putting them in the end but it's just another like some more bureaucracy red tape tape we don't know how like exactly what the rule is so it's just some more censorship you know and obviously you know big corn

[17:49] kills our SEO so we don't want to title at different things bitcoin is a huge search term let's just experiment a bit coin we're typing the word Bitcoin on YouTube what are some its results we get on the first page well fourth or fifth

[18:05] on the first page well fourth or fifth down we have a clear Elon Musk Bitcoin air drop scam obvious scam big but a Sony decrese video he said that got censored thumb fly Bitcoin and but we see it no but he did say you got it back

[18:20] oh he's they say they let him back and kill though momentum and also another kill though momentum and also another obvious Tesla give away Bitcoin scam why YouTube's doing it what if he's just being generous Elon Musk I mean what is

[18:40] hopefully gets fixed I don't know you know what the solution is for that let's go to the chat cool i brent has been asking a couple of times after the

[18:52] bitcoin having it can it affect the ultimen prices also will they explode or be bullish I mean I've kind of already said I'm me personally I'm waiting for retail to get back in I'm waiting for people a lot of new people coming into

[19:05] the space looking to speculate to go what is the next Bitcoin or you know just we need like new people coming into the space and so for me I'm waiting until Bitcoin gets over twenty thousand dollars now that's a conservative a lot

[19:19] and plenty of people are into alts right now I'm just being conservative I like and I I forgot I remember the point I wanted to make the point is like what are you supposed to do as an altcoin daily army member like what can the

[19:34] little guy do the most important thing is the most important thing is follow us there's the links down below in the description guys we're dropping funny description guys we're dropping funny tweets you can follow our Twitter you

[19:48] can also follow our personal instagrams links are down below whatever you want when you know when a new video drops if YouTube doesn't in the subscription feeds will tweet it out check out this tweet I thought it

[20:03] was funny maybe Peter Schiff will admit he's wrong about Bitcoin maybe your dad will say he's proud of you maybe she'll text you back honey

[20:16] yeah kind of a lot of people have been like tweeting about Peter Schiff when like tweeting about Peter Schiff when will he ever you know the end to Bitcoin I kind of switch it up a little bit said hey yeah yeah sure he will

[20:29] yeah maybe she'll text you back too I'm gonna take a sip of coffee and we will continue again once the likes are over 500 okay that's very easy so we over 500 okay that's very easy so we have almost 1,000 people watching and I

[20:44] dare say the next 10 minutes of the video but probably gonna be the most interesting and then we'll probably call it a day I like it well right now it a day I like it well right now everybody's looking in check Peter

[21:03] Schiff is clinging to that that Titanic Bitcoin centric telling people smash the Bitcoin centric telling people smash the likes just a chill Sunday yeah this is a warning stream for us or afternoon stream so I think we're getting a

[21:17] different audience than we usually get rough night on the town boys oh yeah rough night on the town boys oh yeah then yeah no no not on the town I mean we did just wake up yeah we're just we're just uh it's just a Sunday you

[21:32] we're just uh it's just a Sunday you know toast coffee what else so close to five hundo tezo's and Link gonna be huge says Robert you know television are

[21:45] says Robert you know television are going through you know there's hype cycles or whatever you want to call them a lot of people are into them okay let's uh keep Peter Schiff reminds me of Willy Loman in Death of a Salesman I would say

[22:01] no because I don't feel any empathy for Peter Schiff where when I read to Death of a Salesman I felt a lot of empathy for Willy Loman for Willy Loman and actually I am Auto news so assuming

[22:14] you followed us on other social media platforms let's go right to the Bitcoin that's like what people want to see right Paul McNeil wants to know what kind of coffee I think this is Folgers a Folgers curico I love umm I don't know

[22:28] what it is but they only sell in Whole Foods from what I've seen it's work the organic stuff they sell at Whole Foods Jay Keller says rough night taking walks Jay Keller says rough night taking walks lol that bars are closed

[22:42] lol that bars are closed alright what are all these smart that's like a buzzword you know I'm just like defy so it's hard to pinpoint

[22:55] exactly what are all these smart contracts we hear about maybe they're just mean non-custodial contracts we don't know good here's the Bitcoin price don't know good here's the Bitcoin price right now 15 minutes charts and no we

[23:08] seem to be again we're just leveling off around 8,000 alone 9,000 never did break 9200 which is why hey we should tell people that we won those awards okay did you can we can go over some of the winners blocked your influence rewards

[23:22] so guys I want to thank everybody just up in block Chinese and it's words really I've never been there that's what you voted anyway guys we appreciate you guys for voting for altcoin daily in that competition we

[23:37] told you about a couple of two weeks ago the blockchain influencer Awards we won Best Buy YouTube crypto YouTube channel and best news site and we did a

[23:50] and best news site and we did a livestream a couple weeks ago and you know we pulled it together and we won those things so that was pretty cool yeah thank you best news and best crypto youtuber that's awesome Chieko crypto

[24:03] won the golden upload award the people who you know voted him in and there's a didn't he win funniest er yes he's highlighted ok highlight it so yeah let's go Peter mcCormick best journalists John

[24:17] Wolfe I did a super chat hey what's it say thanks man $2 appreciate you do you own any Gordana what do you think about it I do have some from way back in the day like I you know it was it's been years since

[24:36] I you know it was it's been years since I looked at it I have some cargo no honor in exchange um I you know I bought it should I do a couple years ago and it's not that much anymore but really I see no reason why the price of Cardona

[24:49] would go up at all unless we see a bunch of new people getting into the space looking for the next Bitcoin so well they might have great code I see no reason why the token should go up in value there are billions of these tokens

[25:03] so yeah yeah I think I mean I originally liked it because Charles Hoskinson did come from atheria many he's the Hoskinson is the best thing the Cardinal has he is the UH he is Cardinal yeah he is crown so I do but it's but

[25:20] for the last two-plus years if not more we've only been focused on Bitcoin if you look at the markets ninety-nine point nine percent of the time that's been a good decision again that decisions just for us you do you not

[25:33] with chain link cannot let being Bitcoin so every so alt coins can pop it's just I'm waiting until we see an overall trend to change not trying to pick you know what are going to be the winners even though we're just now coming out of

[25:45] this bear market okay Thomas Flynn at $2 tip appreciate you Thomas what are the tip appreciate you Thomas what are the chances Bitcoin will surpass $100,000 I'm gonna say 100 percent you didn't give me a time frame I think it can

[25:58] easily get there yes and my you know personal opinion I'm not a financial adviser but I got a hundred percent I mean whoa Aaron and I are obviously mean whoa Aaron and I are obviously believers again Bitcoin can finish off a

[26:11] believers again Bitcoin can finish off a year at 2000 and then trend between two and five thousand for the next five years I don't think that's probable but that is technically possible but if you hold long enough I believe the only

[26:23] hold long enough I believe the only thing that could stop Bitcoin from from quote-unquote mass adoption or in your case 100k is if governments become responsible with their monetary policy and financial print

[26:37] if for some reason they started caring about national ethics we're seeing the crazy is crazy we're seeing the direct opposite of that and Jerome Powell's head of the chair I don't have the clip down but he actually

[26:50] got on camera last week and said that's not the debt he was asked well the debt debt is not a concern at the moment there kid there's oh there only concern nothing's changing Darrin has a good question I'm sure a lot of people wonder

[27:05] Bitcoin isn't sure channel called Alta point Daly oh yeah when we originally made the channel I thought you know I didn't wasn't to go against Bitcoin or

[27:17] good title because people are always wondering about the latest altcoin as I did my you know my own research I was like oh Bitcoin does have a fundamental value and many things that put put it way above all these bolts that we still

[27:33] know it might as well be called crypto and news and opinion daily well we'll interesting they're not interesting to me when they're still trending down but

[27:45] we still talk about altcoins but we focus on Bitcoin because that's actually the thing that's revolutionary in my opinion oh whoa getting a bunch of super our chats script Skynet 99 cents appreciate you David Nino brown

[28:00] says alt can't grow without appealing to the average dummy yeah exactly that's gonna be a big part of it you know people coming in speculating looking for the next Bitcoin I think that's a wise thought for you to put out there the

[28:13] derogatory to the average dummy but still I think that's yeah but I mean that's 95 if not more percent of alts won't reach mass adoption will not make it that's not a revolutionary statement Greg tip $2 thoughts on hacks he says

[28:29] Greg tip $2 thoughts on hacks he says it's gaining popularity uh I don't necessarily agree with that I'm not into hex because the founders control it too much of it I think the only reason it's gaining in price is

[28:41] you know making sure that it gains in price slowly and trying to get a buzz I streams from last week basically trying to galvanize his fans to get other you know crypto youtubers and Twitter people to talk

[28:56] know he was kind of worrying that hex wasn't getting the buzz that he wanted trying to galvanize people into uh talking about it so I hex could very well go up in value um but just don't be the last to sell that's my opinion in my

[29:12] opinion you know hex is obviously it has different value propositions quote unquote but hex is not so much different than any other altcoin you know you you like it Aaron and I will never tell you what to do with your money I mean

[29:27] you know anything is fair game with you obviously but the only one but the only person who is guaranteed to make money in hacks if it does make it is Richard in hacks if it does make it is Richard Hart fact and I like when I see comments

[29:39] I'm underneath our videos going dude I think you're wrong I'm all in on a I'm like alright cool I like the fact that you'd think differently yeah please yeah for sure guys this is the month chart I do just

[29:56] guys this is the month chart I do just want to point out in our two days we've been on this new month to three we're green baby or green obviously we have you know 28 days to go or whatever pay a script Skynet is our buddy from the

[30:09] couple live streams ago where did you buy q-tip $5 appreciate you script says it's okay that you didn't talk about did you bite if you didn't I I bought yours law cool I like it it but I hey I if it made news I would talk

[30:24] about it but I mean what is there say other than the prices going up or there's no reason or if we saw it yeah or if we saw major a major trend to being late to the party would digit bite if it has a future I don't mind being

[30:38] late yeah um hey we've been doing this live stream for about 32 minutes 10 max 10 max will do nice forty minute stream you guys got stuff to do we're gonna

[30:51] hang out with our parents later today I'm over zoom it's gonna be a lot of fun yeah are you guys doing the zoom calls with your with your folks I assumed with a bunch of my are but I was the only one here i zoomed

[31:05] buddies fraternity brothers the other day and was a blast we've drank some beers on stream but now you know people are getting back to work you know the zoo meetings are over now it's shaking hands again alright going

[31:22] it's shaking hands again alright going to we have almost a thousand people watching almost 600 likes if we could get the likes to over 600 that'd be cool i mean do whatever feels right for you obviously Luke says I'm nervous because

[31:39] obviously Luke says I'm nervous because I have 250 chain link it sounds like a personal situation you will have to figure that out sir sounds like it has been doing well yeah I mean sounds like you're over leveraged which is the big

[31:51] you're over leveraged which is the big problem if Bitcoin spends another you problem if Bitcoin spends another you know two-three years below $14,000 I'll be fine because I'm not over leveraged I'm not going to like worry about like

[32:04] thought it would Thomas Flynn says is there a drop coming Thomas Flynn says is there a drop coming in Bitcoin when is that going to happen well let's go back to screen share but I think a lot of people I mean I

[32:18] appreciate that one when it's gonna happen when is the drop just like an I mean we're dropping right now on the day chart listen nobody can see the to come sometime that's you know it's fun when the price just keeps the prices

[32:33] if you go to the weekly chart I'm in unbid corner like we've been we've been like like five or six green candles one two three four five six weekly candle seven seven that are screen these are straight green candles we're got we're

[32:47] gonna see some red yeah and I mean based on my video I did a couple days ago Bitcoin little Bitcoin crash or whatever it's proven it is proven that when traditional markets crash everything gets dragged down with it now we watch

[33:02] Bitcoin recover faster much like gold to recover faster recover sooner but if traditional markets drop and we just had our best April that we've had since 1987 for the month of April Bitcoin will probably

[33:16] drop so expect that don't be over leveraged go to space says can you explain to me please the utility of Bitcoin I'd say it is election day Bitcoin I'd say it is election day censorship resistant you know a

[33:30] censorship resistant you know a censorship resistant undeb a similar hmm censorship resistant undeb a similar hmm network of payment and a money and yeah so it's what is value proposition yet what is the utility you said it so it's

[33:43] it there's a thick supply there will only ever be 21 million bitcoins there's propositions you can look at the fixed supply which is incredibly valuable if you look at these recent governmental national economic times when people just

[33:58] print money like crazy no government controls it no government can shut it down there is no single point of failure to me those kind of things are valued and as as a payment network that's the utility having that not work and then

[34:12] it's also a means of payment and and I do want to say because maybe whoever little bit newer we welcome you and great to have you here that value proposition of Bitcoin is way different than all these other altcoins

[34:25] like one for example but the problem is light coin in Bitcoin cash and all these others they're more centralized and more censorship less censorship resistant but

[34:37] they're faster now to me the main value proposition for Bitcoin is its censorship resistant and there is no and it's decentralized for me break piece into super chat saying hex is the next Bitcoin Bitcoin Bitcoin that's false

[34:53] Bitcoin Bitcoin Bitcoin that's false I just daft in the chat nice you guys dapping out there final five minutes team let's just solely focus on the chat

[35:14] adopted before Bitcoin given the Facebook platform I can see that I can Facebook platform I can see that I can see if it gets you know integrated into it's gonna catch on like wildfire because everybody already has connected

[35:28] to Facebook and some way but also I think it's from I think it slightly off to put it in opposition to Bitcoin will get adopted faster I think Libra is much more like a venmo or a PayPal it's like a big value so I mean

[35:45] percent mass adoption it is a Bitcoin like substance it has really none of the same value propositions so I you know I think I think a better question again no no bad questions here in the chat but a will

[35:59] Libra get adopted faster than China's central bank currency those two are in more opposition I feel Thomas Flynn give us $2 tip Thank You Thomas do you expect us $2 tip Thank You Thomas do you expect to be rich from Bitcoin investing it's

[36:14] like I relative you know oh yeah I'm not in it for the technology I am in it for yeah ie I expect me like hopefully I can become rich but you know let's let's see happen the way I expect them to happen but I do I'm trying to make money by

[36:29] though we don't just talk about it you put our money where our mouth is and hopefully this thing catches on Greg P continues to super chat what's he like but he also continues to promote X which I mean do we have to talk just a $2 do

[36:44] we have to we did it once no no I was just saying so you know we can all see the super checked we're all very familiar with X gave our opinion but appreciate the super check yeah I appreciate you okay will okay $5 hey

[37:00] guys thoughts on the Hyuna bright thanks I mean aren't you gonna do a deep dive sometime I'm gonna do it in right now yeah I am right now no no I let me share somebody's saying how do you give a super check well it's that money symbol

[37:14] your comment but if you can invest in Bitcoin figure that out I know you can super jet how are they gonna send and receive a Bitcoin um but I mean this top

[37:26] altcoin video by the way that the community chose yeah these were came out a week ago this is that you asked everybody who likes subscribes to us what are your favorite altcoin so then you made that video three coins got the

[37:38] most votes but I will be making another top you know probably in like two top you know probably in like two weeks talking about the value weeks talking about the value propositions of these hot altcoins that

[37:50] propositions of these hot altcoins that are hyped a lot right now so I so we think it's so there's a lot of hype obviously there's it is worth checking out but I wouldn't I wouldn't insult you by not giving you a full deep dive like

[38:03] look at how popular just one week ago and net already has 85 thousand views to me that signals debt people coming into the space are eager to speculate like I

[38:16] the space are eager to speculate like I think alts will trend to zero versus Bitcoin you know 99 percent of them because you know new alts will come you know do well and alts have their lifecycles but the fact that this video

[38:28] is driven so well and you just released it a week ago I mean people are you know people are still interested I don't see I don't see alts going to zero anytime soon for sure as a whole well we got a couple super chat so script Skynet says

[38:42] Bitcoin this is very generous $20 US dollar is very generous thank you script Bitcoin is a great store of value and transaction on that value aetherium can build smart contracts and digibytes does both but also users are aware of the

[38:58] security breaches in their life and can take action now he's putting in a little like about Bitcoin if you like about a theory and he says oh that's a duty bite theory and he says oh that's a duty bite I think if you want more content about

[39:11] script sky nuts channel because that is his favorite coin if I'm not mistaken but yes digibytes value proposition is it does have more decentralized mining you know we I've talked there's been other top more decentralized in terms of

[39:27] the algorithms for the mining um you know we've talked about digit but many get our full opinion just research toppling videos from like six months ago yeah but I mean I think did you bite is better than a lot of like digi bite is

[39:44] at least trying now whether they succeed in their goal in their principles that remains to be seen but I mean I don't think book bites trying to like scam old coins that are truly going towards more

[39:58] decentralization and digibytes as a huge community grassroots following invested but I do applaud it and I'm watching it and if like if money is the real use case for cryptocurrency that's the big thing that catches on you know

[40:13] did you buy it could be a contender crypto crackhead tip $5 saying good job little emoji I like that that's awesome you see that yeah there's a fox I love little characters I know the pair or whatever I like the Fox better Gregg P

[40:28] relentless how many coins did Satoshi own in 2011 Lowell you know suave guys how many of your coins are actually decentralized very few I mean hack st. decentralized with the founders owning over 40% at the minimum and continuing

[40:43] over 40% at the minimum and continuing to own 40% in perpetuity there is you know the closest thing we have to decentralisation combined with liquidity and our effect is Bitcoin correct so that was a love comment but hacks

[40:55] definitely ain't a contender for most decentralized the use cases Gaines says we are yeah that's the use case cash app slash dumb apps will help Bitcoin adoption I agree it's so easy for cash app it's people use that who don't care

[41:11] about Bitcoin at all but if they're using that it's so easy for them to invest in Bitcoin and also Jack makes it like you provides a little bit of education on like basically what bitcoin

[41:23] is and what you are doing when you buy bitcoin on cash back which I really like yeah I don't want to get anybody too excited the bitcoin right now is pumping excited the bitcoin right now is pumping on the 15-minute chart okay mission

[41:37] accomplished I'm not too excited but I am excited about this Jeff King $5 tip Jeffery thank you appreciate that just passing through $5 tip James Dean thoughts on spider protocol for the course thoughts on spider protocol for

[41:54] lightning it's from MIT it's far superior to current routing protocol I don't know a lot about spider protocol the Lightning Network still you know constantly getting worked on and improved upon you can use it now

[42:09] um you know not all Lightning Network options are as user friendly as others but the fact that they're working on something cool like this that excites me because I do think I don't think that Bitcoin even needs a layer two solution

[42:23] like the Lightning Network to continue to increase in value I think it's look good it's based on the narrative of digital gold but the fact that stuff like that is getting worked on so you know years down the road you can easily

[42:36] forth I think that's pretty cool I'll have to look into spider protocol yeah I'm not a developer so I can't comment intelligently about that but I'll check it out and also I agree in the next five years

[42:49] bitcoin is a digital gold I mean you know five 10 15 years down the line lightning I mean layer two solutions people are you guys Phillipe Ueno says I would like to ask

[43:05] you guys about two projects Xie network in the handshake project Congrats on a great Channel appreciate you um yeah I mean we don't know too much about those projects offhand well a handshake I think that's got on coin line that was

[43:20] like the last I heard about it are you mining it no I'm only mining are you mining it no I'm only mining Bitcoin baby but again a handshake I just remember it was such a low-key altcoin and so new it truly it

[43:32] technically had a value on coin market cap but it was so new it's like what's the technology must be in it for the technology yeah and I knew it I knew it two months ago but I forgot because it wasn't on my rate is a pretty low cap so

[43:45] you know we'll have to see Xie network sounds healthy you yeah and I guess the answer is doesn't excite me um based on what I used what I knew you know the basics but I will look back into it hey Austin do

[44:00] you know the stream is global new people tuning in in America for sure but all tuning in in America for sure but all over the world for instance Sean Bitcoin yo bro is good afternoon from New England Onew a loser this guy doesn't

[44:17] know oh hey hey appreciate you Sean I know Sean he's been here before all our i-team final final five minutes

[44:29] an hour we started at 10:20 final five minutes I hope everybody has a great Sunday or is having a great Sunday Oh thinking crypto says what's up guys maybe thinking crypto I I see you're so proud of I

[44:45] great channel I like I like thinking crypto but he's so bullish on XRP in the long term he puts it in his like profile on Twitter talks about it I guess you differ on that one thinking crypto is that that um virtual

[45:03] blockchain week yeah did he message you he said when he was messaged me interested hey man what's up I was like hey man good to see you so I I was like hey man good to see you so I appreciate that um Geoffrey King I think

[45:16] XRP could pump like no other say so much money to spend on marketing but as far as banks actually adopting though I mean how many years are we gonna give them Geoffrey King $5 tip love you guys and the information you provide you guys are

[45:28] fun to watch a man appreciate that I think we do try and provide valuable to day and more long-term perspectives in our opinions but also we try and make things fun to watch as well appreciate man Geoffrey gets it

[45:41] I like Geoffrey guys could we get the likes over 700 oh yeah we could hey thinking crypt that says yep good seeing you guys do a bit guys are very good Bitcoin for Nellie's a mod on tone basis channel oh nice hey

[45:56] penis amen thanks passing through smart move doing the link otherwise once you seen it I'm gonna copy this link and I mean technically it probably wants it on this screen but we'll check out the link um

[46:11] screen but we'll check out the link um yeah I appreciate it but I probably stream and I really have time really what it says is giving cryptocurrency users more bang for their buck routing scheme boosts efficiency and networks

[46:24] that help speed up blockchain transactions so this looks pretty cool have to check it out any what's a coal bein the spider Network for for the spider something for lightning ooh I coul appreciate a man oh

[46:44] Brandon man this is too generous Brandon a hundred dollars you two have made me some good money with all the information you pass on when a lot of us don't have a large amount of time to do research that's so generous man I'm glad

[46:59] you get value from watching our Channel and then truly appreciate it dude yeah I not matter what the price of Bitcoin does or where adoption leads in the short term obviously we believe in it in the long term but a video will come

[47:12] every day I think I don't want to risk myself missing an opportunity to learn when this stuff was just invented in 2009 less than you know a few percent of digital scarcity is only 11 years old that's crazy it's crazy so I appreciate

[47:28] you we will keep putting out content we'll keep getting better and I do want because I do think we provide a lot of value but I actually don't want credit for your wins I don't I wouldn't accept credit for your losses don't want credit

[47:42] for your wins if you made a good investment I'm proud of you oh yeah and exactly I was interesting I understand what you mean but I just want everybody we're just normal guys so I mean you should truly seek investment advice from

[47:57] but the beauty of cryptocurrency is into holy [ __ ] we smoked bitcoins another generous tip twenty-five dollars we smoked the quick kill here check out our

[48:11] great project but got crappy marketing skills later dudes well I wish if you if you stick around I do want to ask you are you saying that because you believe in it fundamentally or you just have a big bag is 25 dollar tip we got to pull

[48:27] sharing the screen but I'll find it then I'll pull it up for you Yeah right now Bitcoin centric says Brandon wins the super chat that was the $100 tip I smoked Bitcoin of course nobody has a super chat but

[48:43] you know we are still in lockdown in Los Angeles and the money will go to good use and hey guys this stream will definitely not last I'm pretty sure past an hour so you know final it definitely won't go past the 11:20 so let's get our

[48:58] short and sweet while you're pulling up arc you got it well his question was like a crappy marketing team but he likes them for me

[49:10] you know very low cap old coin it's a billion for me matter about the fundamentals or the value proposition unless we see a trend change what's your

[49:22] price history when something is this low see right now this is trending down you probably if we were to zoom in lower lows or stagnation yeah so maybe you

[49:36] know this point in the market is when the trend is changing it's possible but it's also possible we just see another lower high and I'd rather be 20 minutes lower high and I'd rather be 20 minutes late I mean 20% late I guess then early

[49:50] and risk you know nothing happening that makes sense great with a couple of super everybody's so generous I've really appreciate you guys sending $4.99 from Daniel Connolly sending that gratitude for thankful info when do you normally

[50:06] for thankful info when do you normally livestream whenever we choose well we like to live a stream when the market becomes very volatile whether it's a always good to live stream because people like to tune in and you know talk

[50:18] people like to tune in and you know talk about what's going on maybe we will be you know yeah I want to do a live stream in 8 days or like some find out like be there when it ticks down to zero for the big point having that be fine I think a

[50:32] probably something we're going to do on our channel if we're available we'll have to see next week but to answer Daniels question live streams are pretty you know whenever whenever we there there's no set date the content the

[50:45] regular produced content which we bring every day that you know will just come in 24/7 but I guess no specific answer to your question though the cool thing is we did schedule this live stream and work so we can schedule our live streams

[50:57] now as you live a couple hours at least you know and by the way guys if you guys want to be like be one of the first people in a live stream go to the notification click notifications then click all and that will alert you

[51:12] whenever we go live and then you can be you know first one to comment or whatever Sean Bitcoin brawler Norris $5 preciate when you say you only mine Bitcoin you actually only mined Bitcoin or sha-256

[51:26] I'll go and convert to Bitcoin you must have much higher hash rate than me great I also was talking about we were given a free coin mine that's like this coin free coin mine that's like this coin mine it looks like an Xbox and basically

[51:41] mine it looks like an Xbox and basically super low processing power but I your office forever if you don't pay for electricity I think it's a great Buy if the best buy because then you're not out there as gift and don't pay for

[51:56] is what happened in our case yeah we were going into for free which I did say in that original video and so that I just had it in the corner just mining Satoshi's and I'm not sure exactly if it's like the mining experience or how

[52:09] the internal I'm not sure how the internals work with that we will never claim to we don't have that background of mining so I can't even tell you glad of mining so I can't even tell you glad to show I would say that the why you

[52:23] would buy a coin mine isn't because you want to mine Bitcoin the cheapest most effective way you would mine a point mine for just you'd buy your yes our by own mind for the coolness experience and they're super user-friendly whenever you

[52:37] something is not going right you message them or masters dem are called them and say hey I'm having problem with this spends hours does if something's not working the looks set you up with like a cloud

[52:49] mining so you don't lose out on the Bitcoin that you would have mined while the user friendliness and customer service or the reason you would want to get a coin mine not necessarily because it's the most effective cheapest way to

[53:02] efficient um hey truly four more minutes tops let's go I've said this before but I'm just managing expectations here you know you have stuff to do I would stay on here all day I you know see my parents

[53:17] later but you know I want to be understandable and Valley understandable and Valley I want a value of your time let's get over 1,000 watching everybody share the video we're flirting with the 1,000

[53:32] level but I do appreciate all new people liking the video that's the most effective way that YouTube to throw it out there oh yeah Peter says ultimen daily it converts to Bitcoin eath works better I'm not sure

[53:46] Bitcoin eath works better I'm not sure that means what's your opinion on trauma and Samsung partnering I made a video it was a daily news video as a step in the right direction but overall I mean a whole lot I mean on the on the video I

[53:59] did say that I think A+ is like developer see that they're dapped they that would be a positive like more developers who want would want to choose strong I think the bigger picture is for the past two years on this channel we

[54:14] constantly bring you you know news and information like that like Samsung's doing this fidelity is doing this all these like little little things that by themselves don't equate to a price mooning but eventually there will be a

[54:27] tipping point just like we saw with them coronavirus how people didn't believe in coronavirus for months and months and all of a sudden everybody in America at willing to be quarantined now we're seeing you know people aren't

[54:40] necessarily into the quarantine as much now but the same way we saw that tipping it then all of a sudden for two-week period everybody was on board I think we're gonna see something similar with Bitcoin um yeah

[54:54] tipping point hey Thomas just asked how important our likes I would say that because we are like you know this is because we are content creators with a large following influencers um you know I just refer to as content creators are

[55:10] our landlord and did just let us know that we can't pay our rent every month that we can't pay our rent every month with likes so you know yeah right oh yeah that was but like sir you know it's important it's a range worthy joke

[55:22] I'll say it likes are important Kelly crypto fantasising tip $5 thank but want two dollar cost average up to one Bitcoin how much should I purchase

[55:35] one Bitcoin how much should I purchase on a dollar cost average again we will can't I can't tell you what to buy or sell and you don't want me to because I don't know your situation nor do we know the future yeah so I mean that's you

[55:48] the goal but if we were if I guess you things yeah I just depends how much money you have to invest in a speculative asset like cryptocurrency yeah I mean there's nothing wrong with a

[56:01] sort of a return by you know maybe a ten bucks or hundred bucks every week every two weeks it all it's truly depends on what is best for you this is a long-term game Bitcoin stays below 20,000 for the next three years

[56:14] long and not never have to think about the situations I need to pull this money you to buy this house so I need to pull this money on whatever now final minute of the livestream 60 seconds 900 people watching we're going out with a bang you

[56:31] know I don't want to sometimes I like to go with these live streams just one person watching but you know now we have over 900 so it's branding strong I feel appreciate you crypto d the final question goes to whom well

[56:47] somebody asks who's watching this in 2024 exactly will this be on a documentary sometime in the future if cryptocurrency does catch on and they put together these documentaries will we be in this documentary put in altcoin

[57:02] daily I think when how do you comments will be alright final 20 seconds how do there's a mouse in your kitchen just kidding he says I like that all right

[57:18] kidding he says I like that all right 5 4 it's been great I have a great Sunday have a great Sunday guys gonna be a great decade and