what's going on guys Patrick here bringing you a brand new video T we got
another killer video for you guys full of information I'm gonna be talking
about is this the recovery the cryptocurrency market has been waiting
for what are the things we have to look out for well to be talking about V chain
neo ontology and tons of other news that went on in the cryptocurrency space but
guys before we start with that if you want to enter a chance to win some free
Bitcoin all I gots have to do is number one be subscribe to the channel and have
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we're gonna be picking the winner in tomorrow's video so make sure you guys
are tuning in tomorrow to see if you did win some free Bitcoin but let's jump
right into this because we have a lot of news going on and honestly a pretty good
amount of good news happening today maybe that's why the market is up maybe
it's price manipulation we're gonna be talking about all that later on in the
video but first bid thumb recovers half of the stolen funds and promises full
compensation for a hack victims now I wanted to give bit them credit for this
this article obviously isn't one that will I mean I think it does spread
positive news into the market which is great but I wanted to give bit them the
credit they deserve one for tracking down and getting back and recovering
half of the stolen funds but two for the full compensation they are giving to the
hack victim so that way nobody's losing their faith in the cryptocurrency market
here nobody is losing their money everyone is going to be compensated and
I think that is a great thing for victim to do one for the community to help the
community you know help grow the community help build trust in the
community and to for themselves build trust with bit them so people know that
they are all they always have the customers best interest at hand I think
this is great to see it I'm very happy to see bit them do this so
congratulations if anyone from bit them is watching this congratulations to what
you guys are doing next piece of news I have for you guys is 27% of England's
male men male Millennials say bitcoin is a better investment than property but
first I'm going to just disclose they are two very different investments I
think both of them have a place in your portfolio if you can afford the
obviously property is a little expensive to get into pretty
to buy a house depending on whe what your income level is depending on how
old you are it's not that easy but I think both of them have a good place in
a portfolio and in the future I do plan on having both cryptocurrency and
investment rental properties in my portfolio but still the fact that 27
percent of male millenials are keep in mind this is male as well I think the
the cryptocurrency community does have more males than it does females at the
moment I don't know why that is maybe I'm wrong I just believe just from
looking at my audience insights there are more males than females watching me
at least and I think other YouTube channels you will find the same thing
but 27% of male Millennials pull the belief Bitcoin represents a better
investment than property and this is really cool to see so this is growing
this is growing adoption for the cryptocurrency community and it shows
how much people actually have faith in a now 27% of male Millennials that is a
very small section that is probably the sector that would have the highest the
highest fate and the highest adoption of cryptocurrency so as to that I do think
this still gives us a lot of room to grow first up just in the male male
Millennials - but also into the female Millennials and just everyone overall I
think one thing if that's important to keep in mind is as as we get older as
you know the generation as my generation right now moves older we start having
kids that I think obviously the kids at that time will be better a doubt will be
easier to adopt them to cryptocurrency since they will be born in a time where
this is already in place it'll be less hard to convince people that they have
that this is a better system which is obviously people don't like change so I
think in time as well it's gonna help play a role in the cryptocurrency
adoption and how many people are involved how many people are invested
which of course will increase the amount of the total market cap of
cryptocurrency as well moving on though we have another cryptocurrency article
and I think this one you guys are going to really like
one of the biggest VC firms says that cryptocurrency can be worth trillions of
dollars now they don't they are not actually this this um this exact VC firm
they are not actually making a fund for this but there are other ones
unlike Horowitz right here you can see another leading VC firm that created a
300 million dollar fund committed to the cryptocurrency sector this this fund
itself let's talk about in the article which is called Wegener they're not
planning to do it said Wagner referring to the creation of a separate and
independent fund for the cryptocurrency sector we see a lot of upside to keeping
it under the same roof now one thing I did want to talk about with this article
is the next part which they say they added that whichever cryptocurrency
survives and weathers large bubbles that will emerge in the future will be worth
several trillions of dollars so we see we talk about all the time how the
market is expecting a lot of money to come into it in the next few months and
also the next few years we think the market is going to grow and
you know in ten years there's several people saying the market could be worth
tens of trillions of dollars now the more exciting part with that is not
every project is going to be around there's going to be a lot of projects
I'm gonna go ahead and say the majority of projects are going to fade out in the
long run even in the coming years they're slowly going to start fading out
because one they're either going to get exposed to there's a show they weren't
actually here for the right reasons and there's a lot of just you know for lack
of better terms shit coins out there in the market that
a lot of people are invested and they can make you a ton of money in the short
short run but I don't think they're going to be around forever
I think the crypto currencies that do end up lasting everything blasting the
ten years lasting the bubbles lasting all the good and the bad news they're
going to be worth trillions of dollars so that's going to mean there's gonna be
less cryptocurrencies and a larger market cap which shows that what you
give that each cryptocurrency is going to have a larger percent dominance of
the overall cryptocurrency market meaning that if the whole market is at
you know say forty trillion dollars maybe bitcoins gonna be like twenty
trillion dollars worth of that which would be insane
think about the price pick who would be at if the market cat was at 20 Chilean
dogs now this is obviously far down the line I think there's still a lot more
things to happen in the cryptocurrency sector we saw we're still waiting for
regulations before we get a lot more money thrown in I think it's gonna be a
key factor to it but I do think down the line we're gonna have less projects
which when the market cap grows that's going to mean that each individual
cryptocurrency whichever ones are at the top at the time are going to have a
larger percent dominance of the market than we are seeing them have right now
because right now there's a lot of cryptocurrencies out there that and like
I said I think a lot of them are not going to be around for as long as people
think next up is an article from bit mixes Arthur Hayes he predicted that
bitcoin is gonna be at $50,000 by the end of 2018 now I know that sounds
absolutely crazy but keep one thing in mind we've seen a lot happening
cryptocurrency in the last you know simply the last few months there's been
a lot that happened at cryptocurrency so he does make a pretty good point when he
says I think that I think something that can go up to 20 K in one year can have a
correction down to about 6 K I I think it definitely found a bottom but with
one positive regulatory decision a way to climb to 20 K or even 50 K by the end
of the year so 20 K we got without any regulations without any Wall Street
investors we got all the way up to 20 K now that was from a lot of different
reasons we had a lot more people you know think they were gonna get Lambos
really quick don't worry we're still on the road to the lambo a lot of people in
that position sold already a lot of people are now calling Bitcoin scam
I still see comments on every single one of my videos I started not I'm sorry to
just let them sit there because I think it's hilarious to see the people that
sold at no they bought at the top they sold at the bottom and now they think
cryptocurrency is a scam simply because they kind of reversed you're supposed to
buy low sell high not buy high sell low some people get that confused but still
anyways I do think he has a good point that's something that did reach 20k can
correct down to 6 K because of the crazy growth we had last
the end of last year even not even just the whole last year at the end of last
year specifically was when we had that huge moonshot that obviously we can
correct back down as well and nothing stopping us from at the end of 2018
having another huge huge run may be even bigger than the last one who knows
what's gonna happen like you said we are one positive regulatory decision away so
he's agreeing regulation is gonna be one of the key driving factors to grow in
the cryptocurrency market I think that's something very important to keep in mind
as it's something we've been talking about for a very long time now the next
thing I have for you guys is a webpage that I actually don't open much on the
chance we usually just just just use coin market cap but I wanted to use two
things this time because look at this guy's if I click here look at all the
green I wanted to emphasize how much green we are having in the market today
how much growth we are having in the market so I wanted to share this where
you can see all of the green in one screen let me know what you guys think
of this give a thumbs up to the video right now if you guys are happy to see
some green in the market I know a lot of you guys are but still we take a look at
coin mark app again everything pretty much is in the green now this does make
me a little cautious and I am going to say it right now guys this might be a
bull trap still too early to know but make sure we are not a hundred percent
out of the bear market by any means because of this has this happened
several several times before in the cryptocurrency market and I'm sure you
guys are well aware you guys have seen this happen a ton so you guys know that
now is not the time to sit here and think that way 400 percent clear this
might be a bull trap it's all about playing things day by day do I still
think cryptocurrency has the possibility to continue to grow from here to
continue to increase from today's growth yes I do think that is definitely
possible looking at some technical analysis of that I was doing before
recording this video I think that might be the case honestly I can they can make
a case for both sides of this moment which is why I say taking things day by
day there is definitely an opportunity for cryptocurrency to fall but on some
indicators it's actually also showing that it could rise so I'm not gonna make
any prediction on what's gonna happen today but let me know what you guys
think in the comments down below while you guys are watching this video we do
we're gonna have a red or a green next 24 hours it's hard to predict it's gonna
be in the green because of so much growth I am expecting to have a little
bit of a pullback that's just normal but in the long run let's hope we do see a
lot more green if we do click on 24-hour change though
power ledger is up 61 percent guys I know a lot of you guys hold power legend
I actually remember talking mentioning in the comments a few times seeing some
people say that they were picking up power ledger
it's up 61 percent that's insane it's a good cryptocurrency so forest for a
change we are seeing a good cryptocurrency as the number one gainer
usually we see cryptocurrency that I don't know much about I mean by all
means maybe they are great but I don't know much about this time we're seeing
power ledger up 61% 0 X another one I like up 34% wax up 30% guys silica up
19% it is very hard to be upset one chain up 16% bands ik attention token up
16 card on o up 15 it's very hard to be upset today with the growth look at this
we're scrolling and were still in the double-digit gainers and then moving
down you guys can see everything is in the green today guys everything
droppable is up five almost six percent over here tron up six almost seven
percent can up 7% nebulus upset guys today is a great day to look at the
green obviously portfolios are still gonna be down because this is one day of
growth only but still a start we need to start somewhere
keep in mind might be a bull trap not fully out of the bear market yet
but it this is always always welcome to see such growth now a few pieces of news
I have from specific crypto currencies number one is V change so at exactly
eight zero zero zero nine the first block was successfully mine the V chain
Thor block shape has officially launched so congratulations the V chain
foundation here to all you guys holding V chain I know this is probably an
exciting moment for you guys too the chain Thor blockchain officially
launched I just want to share with you guys that that that has gone
successfully so far and also there's going to be the second Ont airdrop
scheduled for July 9 so that in the neo council has announced that the second
phase of its Ont token air Jah will end on July 9th the addresses will receive
0.1 Ont for every neo coin they hold at the time of the synapses so the first
one the first air job they did 0.1 of the ratio as well and now at 0.1 so in
the end if they didn't change if the neo balance did not change then every neo
investor will receive 0.2 Ont tokens for every neo coin that they have so very
cool to see that happening both seeing some very good growth today as well 10
10 and a half percent growth for Neil at just over $30 still I believe a steal I
think in the long run we're gonna see you know these numbers change a lot I
think Neil could be a $300 cryptocurrency by the end of the year
and then people are going to really regret not getting in at the $30.00
level and on told you as well super super cheap right now even though it's
up ten percent down to five point two six dollars still under a billion
dollars in market cap another steal I believe as with most crypto currencies I
think even if you look at one we talked about yesterday one of my favorite ones
right now nano up twelve percent to two dollars and forty one cents so I'm glad
I picked up some more yesterday when it was getting close to that two dollar
level I think was the perfect time to pick some up I believe we did get yet to
two dollars eleven was I think the lowest went to I got something like 215
so already seeing some nice growth with that cryptocurrency as well and I hope
it's going to continue to grow I'm not selling it just yet but I am getting
more and more bullish on nano but guys if you did enjoy this video don't forget
hit that like button also leave a comment down below in order to enter a
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thank you so much for watching I'll see you guys tomorrow for another video
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