Just wanted to make a quick vlog sharing some of my thoughts on all of the craziness that's occurred in the crypto market over the past few days while I was busy travelling to LA.
Today's video is brought to you from a very cloudy Santa Monica!
Talking Bear Markets and Bitconneeeeect in Santa Monica | Vlog #106
7 years ago by louisthomas (75)
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- … and 38 more
The sell-off was overdue for a while. We had coins and tokens with no working networks and just hyped-up whitepapers being pumped into the billions! And I think most of them are still in overvalued territory after the crash.
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We all kind of knew that bitconnect was a Ponzi scheme and thanks 🙏 god I didn’t invest any penny in such platform. As for bitcoin when such blows occurs in the market just hold on to your coins. It’s value might decrease as coins are in hands of scammers like Bitconnect who can quickly dump them on markets having a significant impact on its value, but it will pick up once it all settles down like it always has. Let’s not forget the NiceHash hack which occurred 1 month ago and the same happens.
As for you have a great time in LA, get back safe to 🇬🇧
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Thank you for doing the recent Litecoin update that I requested.
New request. Do a vlog post from the original Batcave located in Hollywood:
https://www.google.com/search?q=batcave+bronson+park&ie=utf-8&oe=utf-8&client=firefox-b-1-ab
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Thank you for your insights! It definitely helps!
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Thanks for the quick update. Hope you have a great time in LA. January is a bad weather month there.
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I'm in this for technology the price is just a nice aside agree with you 100% Louis I get more anxious when the price accelerates at and exponential rate as you know the inevitable is coming
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This is called crypto vlog...
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Hey Louis, enjoy the LA!
By the way I noticed you had again problem with recording in the wind, which can be solved by using small fur microphone windscreen like this.
Hope it helps!
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I think people have to take responsibility for their own investment decisions and to be fair in your previous videos you did allude to the various ponzi schemes out there. If someone invests more than they can afford to lose in crypto and especially when that particular crypto is a sure fire ponzi scheme they only have themselves to blame. Regarding the correction it is probably a good thing and perhaps a sign that the crypto market is maturing.
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@louisthomas have you seen the h3h3 video on bitconnect? it's hilarious haha
keep the good work! cheers :)
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