I recorded this video yesterday and didn't know when I would post it. After all, my page is about homesteading and living off grid. But because I get payouts in crypto, I am at least entitled to my opinion when it comes to all the bitcoin and crypto talk.
The news media is fit to be tied about Bitcoin and everyone is throwing the bubble word around like they're Joe Montana at the Super Bowl. Bubble this and bubble that.
We'll here are my thoughts. ENJOY THE VIDEO!
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Good bubble to be in :D
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Hard to say for sure, but I do know it's a bubble I want in on! Thank you for putting in the time and making a cool video! Got a new follower!
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Something is not a bubble if people really need it
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Its a bubble that will pop the dollar!
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Everything is bubble...
Bitcoin is not bubble, it is in bubble...
It will pop many times and rise again like stock market...
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Cryptos are still a long way to go in terms of evaluations for it to be compared to the dotcom bubble occurred in the late 1990s. So first off there is a still a long way to go. Second even if it is a bubble it doesn't matter. A healthy purging is always required to separate the grain from the chaff. The same happened in Dotcom bubble as well. We had some amazing companies like Google, Amazon et al which pretty much changed the world we live in.
With blockchains we have the added advantage of transparency, distributed decision making and the gains are shared by a large number of common people unlike the limited set of investors during the dotcom bubble.
So who cares if it is a bubble or not as long as you are investing in the good companies for the long term. I am suggesting all my friends to invest in Cryptos as an insurance against the failing governments and FIATS.
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true.
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Agreed. Please check my page and new blog.
https://steemit.com/blog/@californiacrypto/bitconnect-journey-blog-4-update-on-whats-going-on-12-27-17
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Please don't SPAM... Take a look in this:
https://steemit.com/steemit/@miti/a-complete-guide-for-newcomers-and-minnows-to-avoid-a-possible-spam-and-to-write-good-comments
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The dollar is in a bubble and is crashing against bitcoin ;)
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True investments in Bitcoin is the premium you are paying for insurance against the failing governments and their FIAT money.
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Resistance is futile. You will be assimilated.
Or pack and stack. Whatever.
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Great
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Hell no!
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Do not dream about Bitcoin. It will beat your dream certainly.
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haha :)
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Shared to twitter! LOL GO HOME needs to be over here also!
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Agreed!!!
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LOL
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This is our bubble,we create it!;)
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Beep! Beep! @shadow3scalpel at your service. I am here to assist all military members on Steemit. This HumVee will be scouting posts from a list of Veterans that is maintained by @chairborne. If you are a Veteran and new to Steemit, and you have questions or want to join the Veterans community, reply to this comment. We got your six, unless you are in the rear with the gear. Ooh-Rah!
Comment by @inthenow. This is a opt-in bot.
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Thanks for recording this awesome
video, it was very informative
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It’s a bubble !!!!!! (Said all my friends at $1000.00 ) hahahaha
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Great
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Thanks for the video its so tempting to do a post about bitcoin of late everyone was talking about it.
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thanks, bro its very useful information for us. keep it up.
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Bitcoin is a "bubble" that will change the world and will have a market of trillions usd! 😝
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In the video you say that silver and gold are real money. What form of silver have you found best to save in? Bars, coins, junk silver?
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I am enjoyed your video...
Thanks for sharing
@mericanhomestead
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I will always HODL
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BITCOINS not a bubble its the pin! Down with tbe fractional reserve banking system!!!!! Yewwww
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It's not a bubble, it's pin. Bitcoin himself destroy fiat bubble.
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Good piece from someone with inside knowledge and experience with digital currency. Suddenly 21 million sounds like a small amount though. The future is hard to predict, but what will stop Steem or Bitcoin from being broken into smaller pieces as time goes by?
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Congratulations @mericanhomestead!
Your post was mentioned in the hit parade in the following category:
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In my opinion Bitcoin really became a bubble, but not all cryptocurrencys
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It is not bubble.
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I was watching this video last night and my husband could hear it too, he’s a Glenn Beck listener...lol
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I like Glenn, been listening to him back before he was syndicated. But sometimes he makes me so angry...you can tell that he always has staff do reseach for him and then brief him on what to think....he never does research for himself.
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I think that very soon, the websites around the world will begin to accept cryptocurrencies, it is an unstoppable trend. It is very important to be able to investigate new ways of acquiring cryptocurrencies without investing large amounts of money. I congratulate you!
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Bagus saya suka
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Thanks for the post, this is interesting parallel. Not exactly the same, but I guess any two situations have their contexts. I recently posted an article that shares many of the same sentiments if you would like feel free to check it out. I gladly welcome all and any comments that you can bring to the content. Thanks again for the post, have a great 2018!
https://steemit.com/politics/@cryptkeeper17/the-bloodless-american-fiscal-revolution-will-now-be-digitized-section-1
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You're 'allowed' to blog or vlog about whatever you wish, good information in this video.
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Good post. Thanks for sharing this educative post. Pls. Keep on posting. I follow and upvote you.
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Great advice. Invest in OBITS, one can get paid a dividend as well.
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useful information
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Very important article that all of us need to know. Thanks for sharing the information with us.
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People think that this is a bubble but for the serious risk taker it's a gold mine whoever tries to find it earlier, now that person is a millionaire.
But If anyone is trading BTC then he/she must have an eagle eye to get over it. Recently, I wrote a post on downfall of BTC prices, please have a look at my steemit profile.
Cheers
@fahedawan
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I agree your opinion. Bitcoin is dangerous!
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the .com bubble burst but there are new websites everyday and the industry is healthier than ever. That make me think even if the cryptocurrency world corrects heavily it will still prove to be a strong growth sector for years to come. the trick is investing in platforms with strong communities and developers that will last the test of time
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This is a great post I must say. Kudos
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Wow great post!
@mericanhomestead
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 294.31 SBD, based on the pending payout at the time the data was extracted.
If you do not wish to receive these messages in future, reply with the word "stop".
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Wow, nice to see your post powered by solar, It's really awesome, oh yeah, I will see your video today..... Have a good day.....
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I think Bitcoin has become an awesome means of store of value at the moment. It's fees are so expensive though that I think it is unusable as a currency. If I need some Fiat I will exchange some bitcoin for something like Litecoin... send that to coinbase and dump it to a shift card or my paypal.
Buying anything with bitcoin today is stupid due to the insane fees.
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You were describing the effort that it takes to take gold and silver out of the ground... I was waiting for the comparison to the sheer effort in electricity and capital investment that it takes to make a bitcoin. Next time dude, right?
The 21 million cap, unforgebility, and most importantly, censorship resistance are the other key points among many others.
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Awesome video @mericanhomestead.
Gold and silver is the real deal and I've been trying to invest into that for a while now and always will.
I totally agree with you on the bitcoin and I am working on earning it just like you said it, but I am very new to cryptocurrencies so still learning about it and your video was really helpful.
thanks@mericanhomestead
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I would agree with the gold and silver for the most part, they are the 'money' I am most confident in, especially in terms of store of value. And it is nice to hear someone talk about using bitcoin as actual currency, a ways of exchanging goods and services. The one thing that keeps me away from going batshit crazy about bitcoin is its lacking ability to be used as a ways of exchanging goods. Hopefully the lightning network would be able to solve this, if not that, someone else. It would be a game changer.
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Overstock.com and other retail sites are using it to transfer goods. But i agree, it needs to be faster.
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Rome was not built in a day and new currency always takes a few years (50-75) before it is accepted as normal.
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Yes, I came over from YT. There have been so many changes on YT and not for the good. I love Steemit and still learning how it all operates. I have yet to transfer any crypto into cash. I am thinking this is the wave of the future...and I am old school! With the fluctuation in SBD and Steem, how do you calculate payments in crypto? Enjoyed your video.
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Hey tess! Thanks for commenting. Check out my post before this one that describes how to cash out and calculate payments. I linked to some really good converters you can use. Blessings!
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My next challenge is to find out how to earn bit coin / steamit currency so I can buy and sell things. Defiantly a new mind set.
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Everything in this post (is) powered by Solar. I like that. Explain a little bit about it to us. How?
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I posted the video and post with my laptop which was charged using solar power. I'm leaving this comment with my phone that was charged with solar power. We live off grid. The laptop, camera and mic all used in the video was charged with solar power. You can check out our website for more info and videos.
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Good job! Thanks for sharing such awesom video .
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Awesome post here... I swear all I ever hear in speculators saying BTC being a huge bubble and yet BTC continues to rise to all time new highs... it dipped over this holiday season, but here soon it's going to rise above 20k with ease, and we will see more FOMOs throwing into BTC raising the price even higher. Eventually, this whole thing could turn around though, so I think it is very important to take profits here and there as you go... enjoyed your post, thanks for sharing !!
regards form @conradsuperb
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I am a new steemer. I will visit frequently. I will follow you, too. Have a good day
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Bitconnect...Zac you mentioned this in the video and I wanted to ask are you still doing it? Are you still reinvesting daily? Also how do I get SBD into Bitconnect? Do you have info on how to do that?
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You can check out my site over at http://bitconnectmoney.com and that should give you some answers and if you still have questions, use the contact page to reach me and I will help you personally. :)
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Thanks Zac, I will have time to do that tomorrow. I'll let you know! Thanks again for the help!
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Just learning about this... All the info is relevant to me. Thanks!
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Great post there, keep up good work !
This replay was created using STEEMER.NET Alpha ( support STEEMER.NET / Wallet / Exchange Project here: https://steemit.com/investors-group/@cryptomonitor/steemer-net-steem-blockchain-transactor-for-windows-android-app-funding-update-243-1200-sbd-28-12-2017 )
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I talk about 90s time - Follow me : https://steemit.com/@master90z
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Please don't SPAM... Take a look in this:
https://steemit.com/steemit/@miti/a-complete-guide-for-newcomers-and-minnows-to-avoid-a-possible-spam-and-to-write-good-comments
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Very informative! I enjoyed your video alot.
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Thanks for explaining that for the people that don’t understand about crypto.
Started a blog about bitconnect could you guys check it out and let me know what you think. Thanks. Im mew to steemit would appreciate all new followers or resteems or upvotes.
https://steemit.com/blog/@californiacrypto/bitconnect-journey-blog-4-update-on-whats-going-on-12-27-17
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Please don't SPAM... Take a look in this:
https://steemit.com/steemit/@miti/a-complete-guide-for-newcomers-and-minnows-to-avoid-a-possible-spam-and-to-write-good-comments
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Hey thank you for the advice. I write all original content. Just new to steemit trying to figure out how to grow. Not a spammer.
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