CryptoSpace

“I’m not an investor in crypto” John Mcafee | Fireside chat | Coin Agenda 2019

Published

1 year ago

October 29, 2019

Starting off our session for the day was John Mcafee, The cuban cryptocurrency investor and enthusiast joins the event through a Skype session. Jumping right into the beginning of his journey, John says that he bought bitcoin when it was a little over a dollar.

“I bought it not because it would be valuable one day. I bought it because it is a very interesting piece of technology. I do not consider myself to be an investor, I had money even before crypto”

When the host asked about what does he think of the new age entrepreneurs who are sitting on huge mounds of wealth, he says that the coins give people freedom. Freedom to be whoever they want to be. When asked about bitcoin, he notes that “Bitcoin is just one among the many that have worked and it remained to be the largest coin” He adds that we would be clearly establish that the crypto world should shake off to more diversity than bitcoin.

A strong advocate of freedom, John is known for his freedom cryptocurrency. The host soon asked John on about what he thought would be the go to standards in crypto industry; like what is the go to for payments, what is the go to for cloud computing? What is the go to for smart contracts and similarly, what would be the benchmark for cryptocurrencies.

“Privacy coins are soon to be a benchmark for a lot of reasons” He adds that cryptocurrencies are already delivering on the promise of decentralizing finance the way social media has decentralized the media industry.

“Cryptocurrencies are a direct threat to the foundations of government. The IRS cannot track anything you own if you own it via crypto. Now this scares them”

When asked how is it going to help the individual persons, he says that cryptocurrency will give people back their freedom to release or hold their own value/worth.

Keeping the chat lightsided and humourous all the way, John even took a few digs at how the world is trying to push back crypto by calling it a scam.

“JP Morgan chase has been pulling the lever of calling cryptocurrencies scam. Of course this is going to cut down their credit card repayment revenue”

When questioned about how the world governments are going to cope up or compete with blockchain, he brings up China. “The Chinese government’ approach towards cryptocurrency would be the most alluring one” He says that their highly nationalistic inclined cryptocurrency will CONVINCE you on how great they are at providing a framework as such.

Soon this will be the framework to people around the world to create their own frameworks. People, here, refer to the world governments which would want their own piece of meat to compete with the decentralization of finances.

When asked about his safety from prosecution if any, he mockingly asked the prosecution to first find him. On a delightful note throughout, John urged everyone the importance of taking control and making finance independent. “This is what I would want for my children and grandchildren and you would want it for your children too if you have any” He added.

Thank you for reading this article.

Cover Image Source: John Mcafee | “John McAfee” by Gage Skidmore is licensed under CC BY-SA 2.0

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Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

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Unconference with Sir John Hargrave, Author of “Blockchain for Everyone”

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CryptoSpace

Crypto Roundup: All Your YouTube Influencers in One Place

Published

8 hours ago

November 19, 2020

cryptotapas

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place.

Worried about missing updates from your favorite YouTube crypto influencers?

Welcome to the Crypto Roundup.

On this page, we will post a quick summary of the videos from some of the most popular YouTube crypto influencers.

Altcoin Daily

Video title: Bitcoin Will Be OVER $20,000 By Christmas 2020! BIGGEST WEALTH SHIFT OF OUR LIFETIME! Cryptocurrency

Date: 19-Nov-20

World’s biggest wealth shift of our lifetime is happening right now and no mainstream media is talking about it, except CNBC.

Bitcoin is climbing its way back to the top, trading above $17k for the first time since December 2017. So, is the crypto rally here to stay? pic.twitter.com/YKRq1UT13F
— CNBC's Fast Money (@CNBCFastMoney) November 17, 2020

Preston Pysh predicted on August 26th that: “Bitcoin should be reaching its all time high by Christmas.”

Good morning Swan fans. Is it Christmas yet? https://t.co/ZvAoIFxZLv
— Swan 🦢 SwanBitcoin.com 🚀 (@SwanBitcoin) November 18, 2020

If you are looking to buy a dip, there may not be one.
Ricardo Salinas Pliego, a mexican billionaire, has just revealed that 10% of his liquid assets are into bitcoin.

Lark Davis

Video Title: STOCKS HIT NEW HIGHS! WILL COVID VACCINES LEAD TO MEGA PUMP IN 2021? [Are You Ready?]

Date: 19-Nov-2020

Stock markets and bitcoin pumps higher on the news of the second successful covid vaccine.
There could be more chances for the new stimulus. Means more inflation, more debt and simultaneously pumps stocks, gold and bitcoin.

Crypto Zombie

Video Title: BITCOIN $18.5k TOP!!?! DON’T BE FOOLED!! HODL FOMO BEGINS!!! $TRILLIONS FLOOD!!

Date: 18-Nov-2020

Overall sentiment of Bitcoin has changed drastically from ICO craze in 2017 to a time where people are FOMOing to own more bitcoin.

1/ HODL FOMO = Escape Velocity
The 2017 run was driven by short term retail and trader speculation, a fear of missing out on fiat gainz.
This run will be dominated by fear of missing out on adoption of bitcoin as a reserve asset, by individuals, corporations, and even nations.
— Brady Swenson (@CitizenBitcoin) November 13, 2020

Ivan on tech

Video Title: BIG WARNING TO ALL HODLERS!!!!!!!!! DO NOT GET REKT!!! BITCOIN $18,500 REJECTED - NOW WHAT?

Date: 18-Nov-2020

Ivan expects bitcoin to shoot past $20K resistance before end of this year, giving it 85% probability

Chico Crypto

Video Title: World’s Most Powerful Turn BULLISH on BITCOIN

Date: 19-Nov-2020

All those who hold big bags of Bitcoin will come out of the shadows to talk up the Bitcoin rally, a $20K bitcoin could be on the cards before the end of this year
Ethereum mining could act as a big catalyst for Ethereum’s price
Big companies like google could play a bigger role in mass adoption of crypto

Let the FOMO begin…

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

IMPORTANT DISCLAIMER

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

CryptoSpace

Lessons from the Veteran HODLERS to the Newbies!

Published

2 days ago

November 17, 2020

cryptotapas

For all those who entered the crypto market after the 2017 bull run - here are few lessons from the HODLERS from the last bull run(s).

This is our attempt at making all you newbies aware of the mistakes veteran cryptoers did.

Let’s get started…

Don’t FOMO in to all the hype

It’s hard not to FOMO in crypto. The trick is to make sure you don’t lose your shirt in crazy bets. Always limit your bets to what you are comfortable losing.

The common ways you can become victim of FOMO are:

Following your favorite YouTuber without actually doing your own research on the project.
Investing into projects at the top.
Believing in promises of 100x or 1000x without any substance behind those claims.

HODLing far too long

Remember why you are into crypto - to make the money.

Never fall in love with your crypto, and HODL the tokens even when they are 10x and more.

Have a strategy to take your capital out before you become a HODLer.

If you believe the project really has what it takes to go beyond 100x and more, just sell in instalments so as to not miss the ride.

One of the best ways to HODL is to take your capital in full and profit in tranches.

This rekt story will give you a right perspective of what it looks like, it’s one of many:

Educate yourself. There are so many stories like this.
If you don’t like my course, take somebody else’s but please don’t become genius too early. https://t.co/4oZUYA3eGH
— CTO Larsson 🌕 (@ctoLarsson) November 8, 2020

Don’t put all your eggs in one basket

Never go all in on one project. No matter how strong the project may look, even the projects with strong fundamentals don’t do well sometimes.

And, you will be kicking yourself watching other projects go up and your portfolio just doesn’t seem to make a move.

And don’t over do it and have a portfolio with over 100 projects either. It is very difficult not to have invested in more than 15 projects but anything less than 20 is a good way to go, in our opinion.

Put aside the share of Profits for Taxes.

One way you can get a good night’s sleep is by paying taxes.

Always keep a habit of putting aside a % of your profits in USDT or other stable coins, as a reserve to take advantage of market volatility and also to meet your tax obligations.

Exchanges are more evil during bull run

Don’t trust exchanges. Yes we already know that, but they play more games during bullrun, some intentional and some technical.

Many exchanges tend to go under maintenance when the prices shoot up too high too soon (Coinbase?), and you can’t sell.

And the shady exchanges scam out before you know.

Regulators seem interested when the market cap of these projects goes through the roof, which then adds FUD around the project crashing the prices.

Exchange may freeze funds pending investigations when such issues arise.

Take for example OKEx. Users are unable to withdraw their assets from the exchange for almost a month now, not certain if they ever will, and all that started with the legal dispute.

Never fall for Arbitrage gains

Arbitrage is when you buy in one exchange at a lower rate and sell on the other for a higher rate to take some profits.

Some shady exchanges show a lot higher prices than the other genuine exchanges and when you deposit your assets to sell at those prices there won’t be actual volume to execute the trade. You may be stuck with either a high fee for withdrawal or other funky rules to take your own money out.

Remember, there is no free Giveaway

Scammers rise with the rising market.

When the crypto market buzzes with all time highs - scammers cash in big time on newbies.

The most lucrative scam in crypto is ‘Free Giveaway’. Whether it be through YouYube ads or discussion groups and wherever they can get your attention. Read this article on various sophisticated scams that are being deployed.

We hope these lessons help you through your trades and crypto life. Stay safe and always DYOR.

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

IMPORTANT DISCLAIMER

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

CryptoSpace

Crypto Roundup: All Your YouTube Influencers in One Place

Published

3 days ago

November 16, 2020

cryptotapas

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place.

Worried about missing updates from your favorite YouTube crypto influencers?

Welcome to the Crypto Roundup.

On this page, we will post a quick summary of the videos from some of the most popular YouTube crypto influencers.

Altcoin Daily

Video title: The United States Just Brought Bitcoin into the National Conversation!! | Cryptocurrency in 2021

Date: 16-Nov-20

Former National Treasurer and the new US Senator Elected, Cynthia Lummis, said Bitcoin fits the bill as a good store of value as it is finite and limited, unlike the inflationary fiat currency.

Wow. New U.S. Senator, and former state treasurer, is a #Bitcoin advocate. https://t.co/17hqGatt4J
— Brix Jørgensen (@brixjorgn) November 15, 2020

Grayscale adds over 7000 more bitcoin in just the last 24 hours.
Just over 16% ETH staked for ETH 2.0 launch on Dec 2 2020.
Bitcoin Cash hard fork takes place tomorrow.

Crypto Zombie

Video Title: WARNING!!! BITCOIN 2017 BEAR FRACTAL RETURNS!!! BTC WORST CASE SCENARIO…

Date: 14-Nov-2020

Institutional money starts flowing into bitcoin.

These are the levels and this is what institutional fomo looks like 🙂 pic.twitter.com/xw38JooSeV
— whalemap (@whale_map) November 13, 2020

Paypal goes live with its crypto trading platform for eligible customers. They have also raised the buying limits from the initially set $10,000 to $20,000 per week.
DIA, an DeFI Oracle provider, integrates with Polkadot.

Ivan on tech

Video Title: BITCOIN WILL DO SOMETHING INSANE THIS WEEK!!!! -30% DUMP AHEAD vs $20,000 PARTY - Programmer

Date: 16-Nov-2020

Bitcoin could make a big move this week, either hit 20K or we may see a 20% to 30% drop
Chainlink partners with Etherisc to deliver agricultural insurance in Kenya.

.@Etherisc is happy to collaborate further with @Chainlink to deliver agricultural insurance in Kenya. #Etherisc Impact solution offers a different kind of crop #insurance that is fair, transparent and affordable for smallholder farmers.
https://t.co/IpsIrqoCFV
— Etherisc (@etherisc) November 14, 2020

Ellio Trades

Video Title: UNLOCKING $100 TRILLION? This low cap gem seeks to bridge CeFi and DeFi

Date: 15-Nov-2020

DeFI could be similar to the ICO craze in 2017
Low cap gem: AllianceBlock
AllianceBlock is bridging the gap between DeFi and CeFi
AllianceBlock Partnership with Orion Protocol and Chainlink.

Chico Crypto

Video Title: WARNING! An “EVIL” Entity Wants Control of BITCOIN…

Date: 15-Nov-2020

https://www.youtube.com/watch?v=45Ac-5y2ofg

90% of Bitcoin’s mining pools are controlled by China based mining pools

As the value of bitcoin goes up - there is a threat of push to ‘control’ the network from China

Binance is looking to push through the 50% mining share and Chico believes this could be dangerous

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place.

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

IMPORTANT DISCLAIMER

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.