Coffee and Crypto Pilot Episode - Bitcoin Question and Answer

in coffeeandcrypto •  6 years ago  (edited)


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The time has come my friend! Welcome to the very first official episode of Coffee and Crypto. I am your host, Ken @kenmelendez, excited to find some good coffee and share my insights on the latest cryptocurrency trends.

What is Coffee and Crypto all about?


I felt inspired to create a weekly show to help inspire and serve the community. I wanted to create something fun and interactive where awesome people like you could gain massive value and be entertained at the same time. The only way that I could accomplish such a feat was if I combined two of my favorite things...coffee and cryptocurrency.

This show will be shot in different formats and different locations as the weeks go by. In fact, I plan on shooting 1 or 2 shows with live guests while I am up in Toronto for the Steem Creators Conference and SMT Summit next month. If you are interested in talking about cryptocurrency and would like to be on a future show, feel free to leave a request in the comments below.

What happens each week?


Each week I will be consuming some type of coffee whether that be hot, iced, or some type of mystery item. You will begin to notice a trend of the type of coffee I enjoy the most. Also, each week I will be picking a topic to cover in regards to cryptocurrency that you guys will provide feedback on. For example, this episode is about Bitcoin because it is where I got my start in the crypto world.

At the end of each episode, I will ask you to comment below with questions you have on that topic. If you are one of the first 3 people to comment with a question, I will send you a @steemmonsters booster pack. If you comment after the first 3, then I will still gladly mention your username in the video and in the blog text.

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Bitcoin Question and Answer


First off, I highly recommend that you watch the video in addition to reading this text because I would like feedback on the vlog style shooting at the beginning where I go and seek out coffee at a local shop. Also, I give out my answers to your questions within the video. I placed the minute markers next to each question if you wanted to skip to one in particular.

And now, I would like to share the Bitcoin questions that you guys shared with me. Thank you so much for taking the time to comment with these quality questions as they gave me a lot to think about in regards to Bitcoin. These questions are from a previous post that I released last week.

Question #1 - @mrchef111 (starts at minute marker 2:43 in video)

How long do you think it [BTC] will remain the king? Are there others you think can take the "King" spot? ETH, or example?

Question #2 - @rohit786 (starts at minute marker 4:11 in video)

How much will bitcoin go up this month because it is constantly
falling day by day. And we have lost our hope?

Question #3 - @karenmckersie (starts at minute marker 6:19 in video)

I noticed the price dropped again today...How much lower do you think it will go, and do you expect a rebound any time soon?

Question #4 - @clove71 (starts at minute marker 7:23 in video)

What is the best way to use it [BTC] - via what card? For example I use Coinbase and a Shift Visa card if I want to use my Bitcoin to buy anything but maybe there is better out there.


The pilot episode of Coffee and Crypto is officially released and I could not be more excited about it. Thank you to everyone who submitted questions for me to answer.

Next week's episode is going to be centered on...you guessed it...STEEM! Ok, I am a bit biased when it comes to Steem, but that is because I am so invested into this community that I can't help myself. Hardfork 20 and SMT's are right around the corner which is incredibly amazing.

Leave your questions regarding Steem below for me to answer in next week's episode. The first 3 people who leave a question below will receive a free @steemmonsters booster pack. If you comment after those 3 I will still mention you in the next video if I end up picking your question.

Last but not least, if you haven't followed me yet, feel free to smash that subscribe / follow button whether you are on Steemit, @dtube, or @dlive. Also, if you would like to get notified the second I publish a post, I recommend using a free Discord service called @ginabot which can be set to notify you of a specific accounts' activity.

Thank you friend for all your support and as always, remember...You are awesome! You truly are. Can't wait to see you again. Hope you had fun here today. Cheers!

YouTube Link ^^

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-Ken

P.S. What did you like about this episode and how can I improve to make it better?


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Looking to take your Steem experience to the next level? Join other Steemians live for one of the biggest events of the year...Steem Creators Conference and SMT Summit taking place September 5-8, 2018. Grab your spot while you still can.

https://steemcreators.com


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Awesome man. Love it. Great work. Toronto,is going to,amazing. If you are on the fence about if you should go. You can meet Ken in person. He is a wealth of information & an incredible teacher. If you want to step your game up. Come to Toronto. @kenmelendez

This guy ^^

That means the world, thank you my friend I am honored. Toronto will be nothing short of amazing. Steem on 💪🏻💪🏻

Posted using Partiko iOS

What's the big deal with SMTs? How are they going to help SteemIt?

@alamogirl you just earned yourself a Steem Monsters booster pack! Check out your pack inside your Steem Monsters account 😊 and yes, I will be addressing that question in the next episode. Thanks for your participation 👍🏻

Posted using Partiko iOS

My man!! I finally got around to watching this! I started it earlier today then had to leave. Awesome job with the pilot! And thanks for the shoutout! :) I completely agree with you about Bitcoin, I still think it will be king for quite some time. With Steem and Crypto in general when do you decide to take out profits? I am so tight fisted with my crypto I have converted anything back to USD yet. I realize everyone is different, just curious what your strategy is or thoughts on it are. haha Looking forward to the next one. Maybe someday we will do battle in Steem Monsters! haha

👋🏻 Hi Matt! You are very welcome my friend. Yes, I will address that question on my next episode. Have a crazy awesome day today 😎 (I’ll take you down in Steem Monsters 😆)

Posted using Partiko iOS

LOL oh I bet you will destroy me in Steem Monsters. Considering I still have the starter pack. :) My skeleton guy will take on your whole army! LOL He is very brave you know, at least for a skeleton. Or is it a girl? I can't remember from the winner that wrote the back story. haha

💕😀 Loved your Bitcoin show @kenmelendez , to bad I missed it earlier I didnt get the notification from DTube and I do subscribe to you on all 3, so I will check into that and see if Its set like on DLive. I tapped on the bell but it didnt do anything!? Anyways so glad i caught your show, I love iced coffee too!💕👍
Thanks so much for the mention and answering my Bitcoin question, just hope it goes back up soon, or by the end of the year! Looking forward to next show on Steem, The SMTs were originally supposed to be released near the beginning of 2018 lol, So hopefully a year later they will be, in January 2019, I am patiently waiting for the new Appics App to launch which will be the first to use SMTs Called XAP Tokens, that I have been slowly saving up!
😀 My steem question is: how soon before it starts going back up again, and do you think it will be worth more then 10.00 dollars some day!? we hear this a lot, but how realistic is it really!? Thanks again, see you soon ! upped and resteemed💕✌👍😀

Karen! Appreciated the kind words 😊 I put a lot of effort into the show and had a lot of fun at the same time. Thanks for the question, I will address it in the next episode. Love having you as my Steem friend on our beloved platform 💪🏻

Posted using Partiko iOS

Awe thanks for your kind reply and the follow back. Looking forward to your next show😊👍👌✌️

Posted using Partiko Android

Hey man, great video. I just discovered your channel today and I'm really digging your positivity.

I've been trying to comment and subscribe for about a day, but the phone app is still really buggy to the point of hardly working.

Hi @johneyreacko 👋🏻 I suggest using @partiko which is what I use to comment and subscribe as it works beautifully. You can find it at https://partiko.app. And yes, I have a positive attitude most days so thank you for picking up on that 💪🏻

Posted using Partiko iOS

Are SBDs really going to be removed from the platform? If so, why? If not, what the heck is happening with the payouts with SBD showing as 0.0 all the time?

When SBD debt ratio will drop under 5%, the printing will eventually resume.

Screenshot from 2018-08-16 15-39-37.png

On the next hard fork, the limit is 10% and that will come into effect towards the end of SEP.

You can explore a lot more info using this valuable tool:

https://steemworld.org

Keep steeming!

@onefatindian you just earned yourself a Steem Monsters booster pack 💪🏻 Check your pack in your account! And yes, I will be addressing that question in the next episode 👊🏻

Posted using Partiko iOS

Thanks, @kenmelendez!! :D

I can't wait for the next vid!

  ·  6 years ago (edited)

Another great show! :-) Can't wait to hear the next one about STEEM! I saw you are leveling up a Giant Roc! Smart move, those commons took me forever, I sent you a few Giant Rocs to help level up!

@clove71 thank you so much for those Giant Rocs 😀 I truly appreciate your kind gesture. Yes, Steem is my favorite topic by far 🎉

Posted using Partiko iOS

The format for today's blog is perfect @kenmelendez, and the shortcut to each answer really helps!


Wishing you much success with Steem, C&C and everything. Keep your vision alive and one of these days the dominos will fall, and all of it will be according to your deepest desires.

Thank you for the feedback Chris 👊🏻 That really helped me. The vision is alive and well my friend and YOU ARE PART OF IT.

Posted using Partiko iOS

There are a number of cryptos that have a good chance of becoming a major currency in a crypto dominated future. For example Dash and Zencash have worked hard to implement strong features, and importantly, strong governance models. Why are the key aspects of Steem that you think make it stand out as a contender to be one of the top currencies of the future?

[What] are the key...

Excellent question @philo.phineas 👊🏻 I will now be addressing that in the next episode. Appreciate you participating 😎

Posted using Partiko iOS

Nice

Short and sweet comment. Sometimes one word speaks volumes 💪🏻

Posted using Partiko iOS

hello friend steem and sbd prices dropped drastically but we dtuber indonesia keep up the spirits whether friends know when steem and sbd prices increase thanks

@khabir you just earned yourself a Steem Monsters booster pack! Check you pack inside of your Steem Monsters account at https://steemmonsters.com. You asked when prices will go up so I will address that topic in the next episode. Thanks! 💪🏻

Posted using Partiko iOS

Thank you @kenmelendez for sending a booster monsters package, but I don't understand how to run it, thank you, my friend, I hope I will always save the next video from you.

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin6417.516$-0.54%-0.34%
ETHEthereum293.979$0.47%-18.99%
SMTSmartMesh0.016$3.75%-27.84%
STEEMSteem0.857$-2.74%-19.16%

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Hi @kenmelendez,

I just thought of an idea for your next show:

  • Is the price of Steem correlated with the % of rewards being paid in Steem + Steem Power?

I believe there is a correlation, and the fact that rewards is being paid in 50% Steem, 50% Steem Power & 0% SBD could be one of the things suppressing the current price - i.e. "dilution".


Or to put it another way, Steem might increase in price once 100% of rewards is paid in SBD's again, and you might be the first one on Steemit to mention this in a post!

~ @chrisrice

Hey Ken! I know I’m late and all but I just got a chance to catch your pilot episode of coffee and crypto. Great job man! I liked the episode and I look forward to future episodes as well. I also have a question for your next episode. What are some of the key things you like about Steem?

You were probably already going to mention this in the episode but I thought I’d ask just to make sure. I’ll also have to give that iced mocha coffee a try since I always get a caramel frap. Take care my friend! 👋😁

I listened to this in the car today @kenmelendez, so thanks for uploading this video!


I think Bitcoin will either trade sideways for a few months, or maybe even trend lower. And if Bitcoin bottoms out at a low price, it might touch $3,500 - $4,000 USD per BTC.

If that happens, Steem might trend lower too, but I guess that would be a perfect buying opportunity!!