Hello everyone this is adam meister the BitcoinMeister the disrupt meister
welcome to today in bitcoin today is September the 5th 2017 really proud of
success long term thinking home of the crypto dividend buy and hold
alright everyone check out the notes section below you can get your go-to
crypto HW wallet com get your leather case there for your storage device get a
storage device like a treasure or a ledger nano I have other links below to
other places where you can get t-shirts and Trez doors and all sorts of other
discounts by using my affiliate code it helps support the show it is it has been
difficult to get these shows out there is so much information it takes me a
little bit of a while to prepare so I I do appreciate the support that all of
you have given me in all sorts of different ways whether it be little
financial tips or informational tips or just support a vocal support I love you
guys you guys are great but it has my god these things have been taking off
taking a bit of my time just to set up because I like to have and please check
out the links below because that's that's part of the thing I give
references to what I'm talking about here and I think that's really important
and I know some people check out those links below but I I want all of you to
check out the links below so you can follow the full stories do your own
investigation does it take some time to actually find all I do I read a lot
every day I've read ain't no that's great you know it's a great life to live
where you're able to UM read a lot every day about something you love but I want
everyone to be informed and just I don't want this work to be for nothing so
check that alright thank you to the person who sent some Bitcoin by the way
my cryptocurrency addresses are below so Bitcoin has bounced back real fast now
you know yesterday the trolls and everyone's like oh all over you here
this fight from all sorts o bitcoins going down the 2700 it's gonna go down
to nineteen hundred and I'm just telling you go back like it'll be don't worry
I'll be back around five thousand soon enough and just like that row ever at
4500 you know where we're at I don't look at I don't look at it at the price
as much as I used to back in the day I took my own advice I mean I'm too busy
I'm too busy with this stuff and you can I appreciate the emails
people send me people remember I'm a really hardcore Bitcoin guy and then I
have like a top tier of all coins that I sure money that are speculation but if
you're gonna ask me about some altcoin if the answer is gonna probably be like
why buy Bitcoin that's the simple answer so if you're gonna eat mail me let's
email about interesting topics not like Adam what do you think about all coin
decks it's a waste of your time it's a waste of my time and I said this before
I know some of you are new and everything I just want to throw that out
there again um so yeah bitcoin did bounce back as I said I told you so
and you know we're back we're back on that back on the horse again back on the
path again to the future to 2022 the having to whatever think long term
all those short term people are feeling it today okay they're feeling it bad was
they panicked and you know and that is we learn a lot from days like yesterday
about the weekend hands and we should all appreciate it those of us that are
long-term thinkers here that are part of the 20% so pound that like button if you
like how this is going and yeah be sure to check out this week in Bitcoin show
that was on Friday it's linked to below all right so the yeah all the big
talkers aren't talking as much as they used to you all the people are like oh i
ciose our next big thing oh you gotta check out the ex coin and me oh and this
and everything all fall silent on days like yesterday and then days like today
when the bitcoin just bounces back alright so we're going to read about a
little bit more about the Koreas situation and it is very interesting and
he gives us insight on some of the ways people think in America also how it's
the people who don't have as much information about cryptocurrency so let
me Reba's everyone is this is by the way for those of you not familiar I have a
contact in Korea who doesn't want to come on the show but has sent me a lot
of useful information so we learn about what's really going on in Bitcoin in
Korea because it the price our crypto currency in Korea because many
cryptocurrencies have been pumped up because of what's been going on there so
I am going to read you many people outside of the Korea then asked me what
is wrong with Korea simple question answer but I say there are primarily
three factors here one cultural I work in the SM management industry and I see
many similarities between SMN Azorean cryptocurrency sector in that the Korean
asset management industry also suffers from impulsive and short term investing
many of the global asset management companies here in Korea have for a long
time considered existing exiting the Korean business because of this
impulsive search short term approach a Korean investors this means that the
asset managers are expected to deliver new products mutual funds with a three
to six month investment horizon which global asset managers cannot deliver
Koreans inherently like behalf things done fast anyone who is familiar with
the corporate culture in Korea knows that when your boss tells you to do when
your boss tells you to do something you do it fast
many people attribute this to the extraordinary high growth Korea
experienced in the 60s to the 90s something to this in the 60s and I was
likewise investors like to see returns fast if investors see a short term
opportunity to make big bucks many money pours in alright people there's a lesson
we learn there if you're some high testosterone young 19 year old 20 year
old 25 year old whatever that's so freakin impulsive
dude you got to think long term don't be like the Koreans all right
because they don't store their private keep your private keys they keep on at
the exchange house all right two economic cat economic cash in bank
accounts and real estate mainly apartments are seen as store of value
for most ordinary Koreans real estate in particular is the standard in which
one's financial well-being is determined does he own an apartment where does he
live in Gangwon for many Koreans it is the ultimate store of value this is why
unlike the US Europe and many other countries
most Koreans cannot grasp the concept of Bitcoin being a store of value that is
very unfortunate that's very unfortunate but you can see that why because they
are very used to the money in the bank being a store of value
or real estate being a store of value why certain Americans and Westerners
that I encounter every day cannot understand store a value versus getting
into these crypto currencies that have no limit on the amount that are being
produced don't have having's it's beyond me because ok in addition
real estate prices are at ridiculous levels and domestic equity prices have
gone up significantly this year so many speculators and individual investors
have turned to the crypto market as an alternative ok language number 3 now
this is important people and this is where an opportunity there's opportunity
here for people who can translate ok language despite the rise of kpop and
soap operas Korea is still a very homogeneous society and still very few
people are comfortable with using the English language there are very few
Koreans who were educated overseas and speak fluent Korean English like myself
that have any meaningful interest in cryptocurrencies this means that the
majority of Koreans are stars of unfor unbiased and accurate information or
start-up unbiased and accurate information that shows such as yours and
WCN provides there are reliant they are reliant on mainstream media local
is fear and forums and their sources are Bloomberg coin desk Bitcoin economy
cetera there is so much misinformation to the extent that every time I do a
lecture about Bitcoin and cryptocurrencies the typical reaction is
one of amazement and surprise a lot of them find it refreshing because I give
them a completely different viewpoint all right so thank you because the
language barrier they don't even they don't know what bitcoin is now I don't
know what the excuse is for all these the 80% of the English speakers who
don't seem to grasp the concept I don't get that but at least the Koreans there
you go there's a terrible language barrier if you can speak Korean you've
got it you can translate stuff you've got an operon entrepreneur do you get in
on this or if you know someone that can do partner with them I'm trying to bring
the opportunities people there's always money-making opportunities out there for
entrepreneurial people who are in motion who aren't doing corners who just you
know lay in the basement worrying about the end of the world all right so I
believe that the best way to solve this Korea puzzle is education I am doing my
best by talking to many people directly and or telling them about your show and
others but the language barrier is the big problem when it comes to your show
and WCN if maybe someone like simon dickson tone Vaes erik Lombroso or
yourself comes to korea in the future that could make the difference
all right people so education if you're if you're up for educating the Korean
people if you've got some ideas dude there are a lot of they want to learn
they need to learn all right back to the show
all right how that like button and then feel free to do the super chat if you're
in chat now you guys are awesome all right watching the post has something
online I don't know if it's in their newspaper the economy the economics of
change and they mention blockchain and cryptocurrency they never say the word
Bitcoin it's very interesting link to below that's linked to below remember
all this time I thought food is linked to
below remember follow me at Tec vault on Twitter it's been rockin on Twitter
lately Tec HP alt speaking of that Zero Hedge
tweets out Bitcoin exchange coin base hits 10 million users I assume that's
worldwide I don't know how many people in Bitcoin don't ask me that's it's a
hard question I doubt all of those users actually a Bitcoin some of them I just
signed up and it's just not got through the whole process but people tell me all
the time let me sign up and then they're just like they want too much information
and Quimby's won't let them buy their bank accounts won't deal with coin basis
there's some issues but that's interesting
people are trying to get into this individuals are trying to get into this
that is bullish all right I'm Dre US anthem that was has a new
video out I enjoyed it I always watched when Andria's has a new video ok I link
to his channel below and one of the things that you should take note of is
that he gets a lot of views of his individual videos he is a lot of
subscribers he gets a lot of views out there that that deal with to have the
fun titles or have the wild prediction titles or talking about icos
or just click bait or talking about genesis mining or scams or you know
trying to trick people into this up corn and ICO lunacy they get way more hits on
average than his educational videos do and I want everyone to take a step back
and think about that for a second and just be how be proud that you were part
of the 20% who actually watched his videos and not that dog that's out
that's out there and if you I mean it's a free world what what free were the
free world watch what you want to watch okay okay I'm just telling you you only
got so much time out there try to educate yourself Andreas is a great
teacher you learn a lot there other guys out there that are great I mentioned
them all the time in the Twitter feeds that I talked about ton Bay's Vinny
lingham is great money Triggs is great I mean there are all sorts of great guys
on Twitter I reference all the time you just check out my links section below
you just check out them and you'll get to get smart
re re Pub was on the show and an expert ETF thing that's going on let's talk
about these ETS I actually had a question Ferrari that I asked him off
air and I should have asked him on air like what did he think about other
cryptocurrencies getting him to ETF and because you know we've heard about
greyscale and Barry Silbert trying to do and and is here in classic ETF again
going back to what I already said well this week in Bitcoin he thinks we're
gonna have an ETF of some of a Bitcoin ETF very very soon and difficult is
gonna go to the moon it might not be the wincle by the winklevosses Mukul buy
whatever you want to call them if they might approve someone else first and
we're getting to that in a second but something he said to me is grayscale is
working on like a dozen separate proposed proposals Barry wants to be the
Blackrock a giant asset management firm with lots of ETFs and et NS so I mean
there's a little inside baseball for you there I think we all know that Barry
silver is very aggressive but I mean he has worked in he's got so many things up
his sleeve apparently and I guess that's bullish for cryptocurrency in general I
mean this guy is trying to make bring it you know say what you will about him
he's trying to bring cryptocurrency in general and bitcoins the leader of
cryptocurrency true the mainstream financial markets and we all know that
mainstream finance is tremendously powerful tremendously wealthy and if
that money flows into Bitcoin crypto currency it is just huge and so on that
note there is a medium article dear crypto you're being played by The Wall
Street by Wall Street breathe but this guy who wrote in the first paragraph I
do not agree with everything he says I don't think there's a conspiracy here
but I think so the points he about how people panic and about how there's a
quite a bright future if the once the etf thing happens okay like many of you
reading through the hundred of crypto projects out there has kills
my attention span for crypto are true articles so I'll skip to the ending
right here it's my belief based on my decades of first-hand experience of
seeing Wall Street's games play out over and over that this entire China that
this entire China banning ICO story is the last ditch play by Wall Street to
get you the new bleep crypto trader holder to sell your crypto before a
Bitcoin and or etherium ETF is approved in a matter of months or possibly weeks
okay again I don't think $5 on the super chat Johnny and why babe any Johnny and
why has a great steam it page by the way ivory steamed um a funny video he made
about the New York subway system so you go to my steam it I am at bitcoinmeister
there and you will see Johnny's and so you know click on it click on it watch
it see if you think it's funny if your have been he's a great he's an artist he
makes his own comics in studied he's good he's good man and he's straight out
of New York - definitely definitely alright so where am I going with this
okay so you're going back to this dude so yeah what I don't think there's a
wallstreet conspiracy here trying to scare people out of set you know scare
people to sell their Bitcoin before the big pump but I'm saying people there
were or entities out there who know who have been through this China fought a
million times who were spreading the China Fudd to scare people out of their
Bitcoin so they could get it for cheaper because they know that this etf thing is
going to get approved eventually and I used to be of the mindset that and back
in April I was right that this way it wasn't gonna get approve the first time
but now I know a little bit more and it's not just the wincle buy you want to
do this there seems to be some upward pressure pressure from below and there
there seem to be some changes over there and I think this thing is going to come
sooner than later I mean I don't know about this year I don't get people's
hopes up but 2018 I think done that shit again sends me thank you for the $5
mention big towel he said something hilarious Newport is
awesome it's the shmita baby and again he's big
he's joking around big towel is a great lifestyle though invention lives it to
the fullest extent of the law over there baby lot of great meat I'll content
producers up out there talking about Bitcoin right now so I want to partner
with some of them you know get a Bitcoin McDow partnership going because those
dudes are the ultimate market for Bitcoin guys who think outside the box
who are competent enough in themselves not to care what the world thinks about
them and not and to value themselves for themselves not for a woman and just not
to need a partner or a partner who steals from you there's any wait okay
going back to this though do you comment like button if you like Adams tangents
and yeah this this etf thing is closer than I originally thought it's going to
be I don't know about the end of the year like I read Paul I mean I don't
want to misquote I recall I read Paul's also check it out
but yeah 28:18 I think we're gonna have this thing come I think would have some
sort of etf thing and it is good up so money's gonna flow in and they're gonna
be up you're gonna be other ETS for other cryptocurrencies and those
cryptocurrencies the areum will be the second one to do it but whoever's third
is gonna become like the number three crypto currency in the world real quick
so they're probably a race to be that third one and Barry Silbert friend of BB
if you're in plastic anyway end of topic all right
oh and here someone wrote in the comment to that up that post left lol long on
aetherium but not Bitcoin one word for you having because the author said he
was long on a theorem but not Bitcoin but I think that was a cool line one
word for you having that's a good line people you should know what the bitcoin
having is that's just my reminder of the night I had another related note the
gbtc price is down again even though Bitcoin went up and again this makes you
wonder some insiders know if this ETF is coming sooner than later because gbtc
price is going to go down quite a bit when ETF is approved that's the Bitcoin
in that's another very simple thing that you BTC you think all right enough that
so here's a quick that's okay now this tested you would big be cash and Ceglie
and 2x coin those crypto dividends that's right
kind of thinking that's I like that kind of thinking I caught I caught into it
about three weeks ago imagine if QX is a distraction that is
going to be leveraged by BC by B cash alright so what this guy is referring to
there's some logic behind this are are the people behind 2x just pumping up 2x
to eventually drop to X and then just pump up B - to use it as something to
make B - B more attractive so in the end B cash is the winner that the 2x is
forgotten who cares and the people that had financial interest in B cash and AC
boost or did immensely with a huge be cash pump it will be very interesting to
see what happens if 2x falls completely on its face to be cash that might be
some master plan because it just feels weird that they took this two-prong
that's why do be cashing 2x and what's going on and there's there's i jus just
feel like those bad actors haven't had the last shot yet and they got something
up their sleeve so I'm not here worrying because they're just crypto dividends my
logic is you just keep talking about them as crypto dividends you talk about
all the other ones like be gold that are going to be coming out and it really
minimizes them at the same time they're always going to be people who are gonna
buy in this stuff just because they think something else is going down and
you know the 80% what are you gonna do
never by a crypto dividend just get them for free by holding your Bitcoin okay
here's something to retweet speaking of bad actors it's for a while in terms of
boycotting this dude don't hand the bad actors like shape-shift ops a fifth I
thought I oh okay don't hand them in the Bitcoin ecosystem your business and then
it gives a link to change Lee calm so retweet that and use change Lee calm
instead of the stuff that uh you know get into all coins or whatever don't you
shake shift shift use change Li because Voorhees is not on the good side of it
history here okay alright now that the uh now that the icos are fearing Chinese
regulate our feet are fearing worldwide regulation they've been kicked out of
China I mean I see crypto dividends and is getting a spark here yeah you know
some of these people in China who might have like started I want to do an icy
you know now they want to start their own for friendly Fork of Bitcoin I see
this being very good for crypt of dividends a question that was actually
this was sent to me have a crypto this person has a crippled activity an idea
but make them use x11 proof of work for this a crypt of dividend so it will be a
direct attack gold - so some so you can create a forked Bitcoin it does a lot of
things this guy also brings up you can have a make a proof of state Bitcoin as
a friendly fork so who knows where people are going to use these crypto
dividends for attacks on - experiments in - proof of in - proof of States using
proof of state but no no I said proof of work to say create a proof of state
Bitcoin anyway these are interesting topics I don't know what you guys think
about it the cryptid dividend thing can go a lot of different directions if
you're thinking of creating your own crypto dividend your own friendly Fork a
Bitcoin your own friendly Fork of litecoin whatever email me at of Metro's
or help calm you can also email them a there if you need a crypto consultation
you need help setting up your trays or you just need you just want to talk got
some questions we can set up some arrangements and some station alright
i'm adam meister the bitcoinmeister just for meister remember to subscribe to
this channel like this video share this video do check out the notes section
below pound that like button I will see you guys in the chat right now
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