Crypto Crash or Healthy Pullback? Jeff Berwick on Rogue Money

in dtube •  7 years ago 


Jeff is interviewed by the Guerrilla Economist for Rogue Money Radio, topics include: how Jeff became an anarchist, government is the problem not the answer, Ron Paul to speak at Anarchapulco 2018!, the epic rise of crypto currencies this year, the current much needed market correction, TDV predicted this correction, Wall St involvement, the new anarcho-geek rich and their growing influence, starting a decentralized venture outside of government jurisdiction, decentralizing everything, a new system that makes the old systems obsolete, a real free market, the old system can't see whats coming, crypto has barely gotten started yet, major capital inflow still to take off, transaction fees and block sizes with Bitcoin, slow segwit implementation, the rise of communism, attempts to stop ICO's

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Ain't no crash over the last month from what I see. Just the usually crypto volatility :D

hanks very good post !!!!

Awesome Work!

Keep it up!!!

@cryptoinvestinfo

your CryptoInvestmentExpert

good luck

funny meme ! :D

I do believe that 90% of the cryptomarket is driven bij Bitcoin investors with no knowledge at all. They are only in for the money. The fact that the costs of Bitcoin go up is defiantly not a good thing. If bitcoin goes down this also impacts the miners. The Bitcoin needs to grow in price in order for the miners to stay in and to keep it profitable.

agree 100%

agreed

I think you're right. This is going to be messy for a bit, this idea is based on volatility because the status quo is so screwed up we needed to create and support something that will send a message and hold accountable those who need to quit screwing up financial markets. Right on #btcmillionaire

I think it was a correction more than anything. The price surged extremely high in a very short time and then people sold to cash out dropping the price. Not a big deal. I do hope to see altcoins decouple themselves from the price of BTC soon though. Right now all the altcoins follow BTC for the most part.

The pullback is HEALTHY.
The issue with transaction fees and transaction backlogs is NOT HEALTHY.

Well, I am not buying, but mining...

I agree and comfirm it with you,i put my 100% guatantee on the great platform.

How Sir, do you know?

Because Satoshi Nakamoto is actually the CIA, wait no NSA, or maybe it was the lluminati. Regardless, BUY BUY BUY!

I agree, the only question is when and at what price. I do follow your sentiment though there is so much upside with very few people getting their feet wet in platforms like this or crypto investing.

get it in the dips , look for the floor..

Merry Christmas!
I am off with Danny from DASH and friends today to the orphanage( Hogar Infantil Marsh in Acapulco) 70 kids to feed, bring a new tv, fix a couple of computers and the trampoline.

steemit-have a good day-kitten.gif

Hey ,
Thanks for the great content

  ·  7 years ago (edited)

No doubt It is a healthy pullback... If you trust the platform and the technology behind it, this drop should not make any difference.

I totally agree with you. Its a matter of trust, not skepticism and speculation.

i agree too, i bought some more yesterday :)

same just got some more today too

Yes. We are already seen a lot of green numbers today. It was a good changed for most of us i think. Although unfortunate for those that panic sell everything. lol

I think this is temporary,until the new year the exchange rate of bitcoin will rise.;)

I agree. I am expecting to see huge percentage gains starting January 2018.

My opinion is that cryptocurrencies until January will return to normal,and from January will increase.

Interesting, I feel exactly the same. I saw some stuff and posted it the short term trends from the bullish crowd are VERY BULLISH. I guess we'll have to see that's the fun in it.

I do agree with you. I believe it's a healthy pullback. The price will bounce back soon enough. If their projection is correct, it might start to rise next week. What I want to see though if it will really go as low as 11k

right now it looks like the bottom base is around 8k. we all should wish for a lower bottom so the price will be more affordable for more people to buy.

Its isn't different already and it shouldn't be

totally agree, but every time cryptos pullback the media starts talking about the end of bitcoin

Check out the alt coins, my god. All the way up.

Not a crash)

Healthy pullback for sure

yeep dude XD

I would love to own a whole Bitcoin.

1GpTizaXCePzXvCjBAJp4HyyHFDo8uewTX

Hint, hint.

Totally agreed

Yeah now the pullback... steemit is becoming more and more famous. Thanx for your post...

Its already bounced back to where it was! Thanks for another great video!

crypto is just starting. because someonr already told before that bitcoin will reach $100k in the year 2020 if not he will eat his dick lol...

some ones going to be a dick eater

I think is a Super Holiday gift for all of those that have the funds to invest right now. Unfortunately i move the little funds i had a little too late :( but i guest i could still get some coins on the cheap side cause a lot of them are down compare to last week. Upvoted and Followed!

Thanks for sharing

As markets are down, it is time to buy

However, some alt pump is interesting to watch: DOGE, DigiByte, Verge etc. how long they will sustain.

@dollarvigilante Most of my friends believe if wall street gets involved in cryptocurrency trading, there would be currency price manipulation. I am not sure if the recent market trend in the crypto space is an evidence of that or not. However, only those who are new to cryptocurrencies would panic about a drop in price. Oldtimers know that prices are going to soar again; its only a matter of when. great job by the way.

With some of these coins working on a quantum level I would be honestly surprised if there was any manipulation they COULD do. I know Wall Street is powerful but do they have the tech to really mess with cryptocurrencies like Ethereum? Lol maybe :)

Rightly said

a little pullback is a symbol off healthy market. Amazing work!

Jeff, stop scaring everybody...

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Merry Christmas!!!

This has been a good period for Cryptos in general. The meteoric rise over the past month has once again drawn the attention of the MSM, bringing more money in to the market. Also it would appear that clearly some very large whales have floated in, I reckon they may have been spooked by just how much their accumulation affected the market and slowed down their entry so as not to cause complete chaos.

It also served to teach a lot of newcomers what is good, and what is bad with the current utility being provided by Crypto. There is clearly a lot of work to do, but so many interesting projects to observe and support.

  ·  7 years ago (edited)

Obviously it was a healthy pullback seeing the recent surge in the price of bitcoin. The pullback was needed for the longrun price stability of the bitcoin. Further it has also created cautiousness among the people who are investing in the cryptocurrencies that how can the price decline within a short period and they need to properly research before investing and also maintain a profitable portfolio of cryptocurrencies.

Just buy Verge (XVG) you will thank me later!👊🏼

Exciting video man!!!!!!!!!!!!!

@dollarvigilante, you must be the equivalent of Rodrigo Duterte in crypto currency! What do you think about Shiba Inu? It's rallying now like a darn porn star! I did see it coming but I took it for granted. What do you think? Thank you for your tips.

complate informastion @dollarvigilante ,don't forget to visit my blog

l believe that crypto currency is the monetary systems test balloon, to see if it flies. This will be our cashless currency system in the future. Everything is planned, this will be total control
@usmanzeb

I cant agree more, crypto will boom next year.

Strongly agree with the currently rising of crypto price , I believe next year is going to be a year of success for those who have gathered enough crypto this year

I agree with the option B, it was just a normal pump. Don't worry guys, it was predictable :)

Buying the Dip on cryptos

Just Christmas Sales! Buy Buy Buy!!!!!!

Every Cryptocurrency will skyrocket in 2018. Its just getting started Guys.
Just Believe and HODL

My only fear for crypto is that small percentage of the world population is currently aware or engage in crypto transactions, if crypto should survive a stance and gain larger population, for example bitcoin, how could it cater for the incoming people?

thank you

Buy more crypto currency now because now it is going down but it will increase in January.

you know you've reached crypto maturity when you welcome corrections :)

i head at the morning that the bitcoin has been falled . what is the basic reasion behind it ?

christmas coming so people pulling there profits :)

Thanks :D

Crypto currency is here to stay. What we’re seeing is typical end-of-year profit taking. People are cashing out to buy holiday gifts and to balance their year-end financial books. 2018 will be a banner year for crypto currencies. Just wait until the stock market falls into correction territory and North Korea/Russia/China upset the markets...money will come pouring into the “safe-haven” global crypto economy.

Does crypto currency have future? Will it not affect national economy?

Flea Market amirite?
That cute little doge gets me every time!

In conclusion I think that its decline will benefit one sector and will harm another. There will never be a win-win

But how?

hanks very good post !

Hold out, no regrets!

This is all about trust on tecnology.if we have trust you can join crypto currencies

fuk you traitor! Lick russian ass if you like but stop bullshiting here.

very good post good luck

crypto is life changing opportunity..you can see the potential by keeping in mind bitcoin, etherum etc. price for these coins increased more than expectations..In last 24 hours price for XVG coin is increased more than 200%.

Do you think that there's a solution as far as sustainability for power and what it takes to run the Bitcoin transactions as they become more complex? Is it all hype the talk of they're not being enough power in 5 years to run Bitcoin? I'm still fairly new to this but diving in headfirst. Thank you for your time and your good article

Nice post

Good post
☺☺☺☺☺

Hey great post keep posting bro :)

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Amazing post!! Thank you for taking the time! If you get a chance check my post out at https://steemit.com/cryptocurrency/@seikatsumkt/scam-el-petro-the-new-cryptocurrency-announced-by-the-venezuelan-government

I follow you advice you are amazing. I even used Stockhouse back in the late 1990s!! Go Jeff!

Thanks for the video. What are peoples view on the price of Steem? Do you think it will pull back?

Steemit is the beat way to earn money and i like it so much and thank you so much for sharing this post

Most def a healthy pullback, but more importantly, an incredible buying opportunity!! :)

It's healthy pullback. Wave 4 as per Elliot wave. It will definitely move up.

amazing post keep it up bro

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Nice post keep posting share love
Merry christmas

SOS O good

Buy that dip, I sure did

If not done the right action this condition gets worse

keep up the great work Jeff!

Hodl, Hodl, the era just begun,
2017 was a arise of crypto as the hero was BTC
2018 will be the amazing years

  ·  7 years ago Reveal Comment

Everything needs a healthy correction at times. I still think bitcoin has a massive road ahead of it!

They say crash, I say holiday sale.

They say crash, I say holiday sale.

I agree. It is a healthy pullback but the downside of it, some wallets had been down and can't buy some 😂😂

another record breaking year and people are worried about a little pause lol was only 6k last month how can that be a crash lol

Thanks for bringing an Interview with him to Steemit. I'm 100% sure everyone here appreciate it!

My question is why is BCC being forced upon us?

Waw amazing

Nice post...

Why the Doge? That Dogecoin is a joke since the beginning

I think it was people pulling out profits for Christmas nothing more

I don't see much reason for the uproar because bitcoin will definitely rise again. I see now as the best time to buy. There are lots of factors responsible for the downturn which is normal, bit it's not gonna be permanent. Just a little time. Am still buying

great info for the people and investors says that BitCoin is a Bubble.^_^

If we look at the crypto market cap, we appreciate that we are a tiny fraction of the global economy.
I read that the set of crypto is worth to date only 1/4 of the Apple business.
When we see these impressive increases we think that it can only go down, I think on the contrary that we are just at the beginning of a radical change in the world economy and that the increases will be even more important.
The BTC allows the purchase in E-commerce on certain shop, but at big expenses. I believe that in the coming months and the adoption of crypto as a means of payment for giants like Amazon, a new direction will have to exist.
A crypto will stand out with a technology that allows small or large purchase quickly and securely. At this moment we can say that the crypto will really explode and become one of the main world wealth. Thank you for this interview.

they are to much people in the bitcoin market right now, we have to migrate to others crypto momey but witch my friends @ericjordan

Its a healthy pullback definitely. I would prefer stability over gains in the market currently.

The cryptocurrency market is still in its infancy. It has a long way to go!

Definately healthy pullback! And now to THE MOON! Musk would say BTC to the Mars! XD

I agree

wow @dollarvigilante
Thats a great post.

keep it up..

thank you @dollarvigilante

  ·  7 years ago (edited)

Sold bitcoin and ethereum on at higher prices, waiting for a bigger crash to buy them back. Only removed my investments.. holding free coins..lol.. ;)

It's a great learning lesson for people like me who are new to this. Thanks.

On technical basis it seems that Bitcoin would take some time to recover above 15100 as its on its way towards 10932 and 8400.
https://steemit.com/bitcoin/@noormaier/bitcoin-will-need-some-fresh-blood-to-close-above-15100-region