VLOG 183: I'M WORRIED ABOUT BITCOIN

in trevonjb •  8 years ago 

In todays video I talk about my current thoughts on Bitcoin and cryptocurrencies. Theres something in the air these days. Some call it excitement. I'm starting to call it euphoria. Strap on your seat bealts.

Enjoy :)

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Japan is allegedly getting taxes removed from Bitcoin in July. That will help the bubble getting to big. It will be crazy if this 'bubble' bursts!

Hope the burst is not to big and for fast recovery.

Изучайте блокчейн,..)))...и будет все хорошо..))

Says Bitcoin may pop tomorrow ... pops tomorrow! Nice prediction Trevon :)

I love Trevon vids ... helps with the mood :)

Not going to lie seeing everything green is definitely sending warning flags, and is making me nervous. I think the best thing to do at this point, is hold and acquire as much of the coins which you have good fundamentals and have a genuine use case and try to get that long money instead of this quick pump and dump money

Its doooommmsday! haha. Things will be fine. The community in BTC and Alts is enough to keep it from total failure. Belief in the coins can hold it up. Maybe not at these heights. But i like i said yesterday. Im expecting a rinse and repeat cycle every few years. This sudden sharp growth needs to ease off like you've said before. But after the pop and drop i plan to just relax chill and soak up what i can ready for the next movement.
The government can say and do what it wants but ultimately the blockchain is immune to their meddling and if you can trade your coin around the world in places where it remains legal then all is well.

Anyway just keep the faith and watch the action. It will weed out the weak :p

There is no bubble ... its 1% blown up ... nothing is going to burst :)

My sentiment too. But it never hurts to be prepared for a deflation :)

Love you Tre! keep up the AWESOME work you do!!!

The bubble we are in - is honestly like a good housing bubble or the dot com bubble most people do not remember, partly because there are so many young people in the space.

There will be a correction and some stabilization, we just cannot forecast WHEN.

I had one of the top Alternative Media guys ask me privately y-day my thoughts and I will likely turn that response into a post. I go back years with him and his work, being an activist type myself with some notieriety publicly and online.

I think bitcoin goes near 5k before I am concerned about a top. Bitcoin at 2k is basically just bullish.

Steemit Rules!

And what up!

Have you seen the Web Bots prediction for Bitcoin? Of course we can't say that is exactly what will happen but it's been pretty accurate for the cryptos. I posted some info on my Steemit about the new crypto Veritaseum on my page, check it out see what you there is now only 2 days to get it at the presale cost if anyone is interested also PLEASE promote my post or any of them as I am new to Steemit & trying to figure it out, support it, grow with it. It would be greatly appreciated, I am a follower of Treyvon on YouTube & let all the commercials play to hopefully boost the YouTube revenue. I love in these communities we can all help each other out, I'm just a minnow needing a few boosts from dolphins or whales so I can soon return the favor to other great content creators

Very inspired. I have much to learn from you @trevonjb. Because I'm new here and still need guidance.

If you're worried about locking up your profits in Bitcoin, why not Ether? Ethereum has value without relying on us investors. If I had to lock up funds, I'm going Ether.

I think we are going to learn a lot if this is a bubble. Pay attention to how the cryptos that work inversely to BTC. Ripple isn't even close to being done in the long term and really hasn't done anything during this big BTC pump.

I feel you. . . It's really a psychology game but the safest place is gonna be USD. . . for the shorterm anyway . . .!

great video!!! i like your blogs!! I'm also on youtube and learning stuff about bitcoin is great!!

My First steemit Reply !!!!!!!!!🙏🏽

same :D

There is no bubble ... it is 1% blown up ... nothing is going to burst ... only thing bursting is the pockets full of crypto profits ... :)

I hope bitcoin will keep going higher!

Bubble territory then?

It is an exciting time, Although I remember the last bubble and was feeling the same way. it went from 1k down to 250. I lost all hope but bitcoin has bounced back stronger than ever. Even if we have a large drop, it will bounce back and I will not lose faith this time around.

thanks for following me Trevon, aside from the last time and my going the way of Hashocean with ya. Don't wanna be ya gov hack and guide you. Just agree, Eth, Mon, Btc. The 'bubble' only bursts ontop of those who don't have bubbly, to take some profit man whilst it good, then never worry about losing what's left. Steem on!

I feel like bitcoin is fairly safe in terms of the US gov because of the bitcoin supporters trump has brought along with him.

I worry too...resteem and upvote for you....

Bitcoins Brain...heard of it?