ETHEREUM 2.0 CRITICS CALL THE ENTIRE NETWORK “A SCAM”!!!! | Vitalik Buterin Enters ‘Beast Mode’!

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Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin.

At the 2017 peak, when the Bitcoin price was trading at around $20,000 in the U.S. spot market, Bitcoin was being traded in South Korea’s cryptocurrency exchange market for around 26,000,000 Korean won, equivalent to about $22,000.

This difference is now known as the Kimchi premium.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

News Resources From Today’s Show:

https://cointelegraph.com/news/bitcoin-price-which-countries-have-the-biggest-premiums

➡️ TEEKA TIWARI – Investment of the Decade: http://2020.cryptonewsalerts.net

“Rich Dad Poor Dad” Author Predicts $75,000 Bitcoin Price By 2023

It has been hard to miss the recent tweets from BTC bull Robert Kiyosaki. 

The Vietnam veteran — best known for his book “Rich Dad Poor Dad” on financial wellness and success — has been putting his foot to the gas recently in promoting the leading cryptocurrency, gold, and silver.

He doubled down on this recently, asserting in a tweet that he thinks Bitcoin could hit $75,000 in the coming three years. In a semi-viral tweet published May 16th, Kiyosaki suggested that with the “economy dying” and “hope” fading, he’s growing especially bullish on Bitcoin, gold, and silver.

The author-entrepreneur is so bullish on these assets, in fact, that he predicted a $75,000 Bitcoin price within the next three years, along with a near-doubling of gold’s price in a year, and a doubling of silver’s price in the coming five years.

“ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.”

The reason why he’s so bullish on Bitcoin and precious metals is that he thinks the actions by the world’s governments and central banks are propping up a system of “fake money” poised to collapse.

The “Rich Dad Poor Dad” author specifically cited the lack of interest rates, along with the quantitative easing programs by central banks, as a way to corroborate his point.

Kiyosaki believes that as a result of these macroeconomic trends, investors will flock to store of values and noncorrelated assets to secure their wealth in the long run.

And to him, the assets that can provide such security are precious metals and Bitcoin.

As the outspoken entrepreneur fittingly put it in April, Bitcoin is the “people’s money,” gold is “god’s money,” and fiat is “fake money.”

In other trending Bitcoin News today:

Bitcoin Price Charts Hint at the Most Exciting Breakout in Over a Year

If Bitcoin closes above $9200 this week, it’s an incredibly bullish sign — and perhaps the biggest since the 2017 bull run — for the coming weeks and months.

The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200.

This would signal the end of a 46-week descending channel that BTC/USD has been locked in since it nearly tapped $14,000 in the summer of 2019. 

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.

— therealkiyosaki (@theRealKiyosaki) May 16, 2020

This started as a joke, but now I’m afraid I’ll never be able to log in to Twitter again without someone getting angry I don’t own Bitcoin. One day you’ll see a wizened old woman in the street, trying to trade a Harry Potter book for a potato. Be kind. She did try to understand.

— J.K. Rowling (@jk_rowling) May 15, 2020

https://cointelegraph.com/news/bitcoin-price-charts-hint-at-the-most-exciting-breakout-in-over-a-year

➡️ Teeka Tiwari – Investment of the Decade:  http://2020.cryptonewsalerts.net

Bitcoin (BTC) will hit $500,000 according to Max Keiser because the United States will start a giant hash war with Iran and Venezuela — and it’s already started.

In the latest episode of his “Keiser Report” TV show, Max Keiser predicted that the Iranian and Venezuelan regimes would force the Trump administration to embrace BTC.

Thanks to Tehran potentially controlling 3% of the Bitcoin hash rate already and Venezuela — briefly — accepting BTC payments, the U.S. joining the fight for Bitcoin supremacy is only a matter of time.

“Iran has already got 3% of global hash rate, so now I think Venezuela will get 3%–5% pretty quickly,” Keiser said.

“And then at some point America will say, ‘We’ve got to enter the 21st century space race of mining Bitcoin,’ and then they’ll try to seek 20% of the hash rate, and then security goes up dramatically, and the price goes to $400,000, $500,000.”

For Keiser, repeating previous arguments, Bitcoin represents the “reformation of free speech” which governments deny citizens by controlling the currency, and therefore the entirety of their position within the state.

“Bitcoin is the Mona Lisa of the 21st century: It’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God,” he continued.

“So, this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

The current situation on macro markets versus the suffering of many Americans, exemplified in the Black Lives Matter protests, speaks to Keiser’s point. Anger with the government, and the dilution of the U.S. dollar, contrasts with stock markets seeing their best quarter since 2011.

At the same time, the Federal Reserve has taken ownership of huge chunks of the equity markets, equal to 30% of U.S. gross domestic product.

Last week, Keiser appealed to protesters to abandon their mode of retaliation and simply buy Bitcoin instead.

He summarized:

“The truth is if you want individual sovereignty, if you want justice, if you want uncensorable, unconfiscatable, indestructible wealth, there’s only one way to go — and that’s Bitcoin.”

In other trending Bitcoin News today:

This Eerie Bitcoin Fractal Sees BTC Price Above $70,000 By Mid-2021

As Bitcoin stays motionless near $9,100, one of its old fractals is pointing to a full-fledged breakout towards $70,000 or above.

Spotted first by Artem Shevelev, a TradingView-based market analyst, the pattern shows Bitcoin in a seven-stage bullish development.

So it seems, the cryptocurrency’s run-up to its all-time high near $20,000 in December 2017 succeeded six steps, each involving specific price moves, and indicators. Mr. Shevelev noted that Bitcoin has been forming the very same pattern since 2017.

It is trading inside a giant Symmetrical Triangle while undergoing phases that include medium-sized ascending/descending triangles, so-called “flat zones,” inverse triangles, and sudden crashes.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

Macro $BTC context: still think we’re heading towards $13K mid term. Massive liquidity pool around 10.5k, price tends to visit those sooner or later. pic.twitter.com/cb7AxhGRi4

— SalsaTekila (@SalsaTekila) June 29, 2020

Why Top Traders Expect Bitcoin to Hit $13,000 Despite Short-Term Weakness

https://cryptoresearch.report/wp-content/uploads/2020/06/Crypto-Research-Report-June-2020-ENG.pdf

https://cointelegraph.com/news/crypto-research-report-predicts-397k-bitcoin-price-by-2030