Why Security Tokens will Dominate the Crypto Space in 2018

How's it going everyone It's Austin over here at the Crypto Playhouse

If, like myself, you were heavily invested in the 2017 crypto space, you probably did very well But it's 2018 The SEC is coming, regulations are coming, the condition of ICOs is going to change alot So today we're going to take a look at how things are going to be different, and something we've been talking about alot: security tokens [opening music] Before we jump into security tokens, the first thing we need to address is: what is a security? According to the SEC (info pulled from investopedia

com), "A security is a fungible, negotiable financial instrument that holds some type of monetary value It represents an ownership position a publicly traded corporation" Is that really important to us in the crypto space? Under that definition, no, but we have to know is that the issue isn't with the security tokens that are out there, because they really aren't out there yet! The issue is with utility tokens, that at the time of launch truly have no utility The thing of it is that if there is a new ICO you are launching or investing in, if and when SEC comes through and they analyze these projects and that ICO is bringing in money to issue tokens but there is no use for the tokens (no live mainnet, no test network, no true reason for the token to exist), the reality is you will be found to be investing in a security But the thing that a lot of crypto investors don't realize is, that if you as a consumer are invested in a security platform and the SEC determines the platform is a security, NOT a utility token, you as a consumer can be held responsible as well as the company, being penalized and forced to pay fines

I believe 2018 will be a year for the advancement of tokens, and a split from the usual utility token idea You may be asking yourself, "if utility tokens are at risk and securities are going to be important over the coming years, how do i get my hands on some security tokens?" The reality is that at this point you probably can't! But there is a lot on the horizon! You've likely heard of Polymath before They're a big name in the crypto space but not too many people seem to know too much about the backworkings of the project Polymath is currently an ERC-20 based token, and they are building a platform for a new standardized method of launching a security token Currently we have the ERC-20 format, which is a tokenized asset on the ethereum blockchain, and they will be adapting it to the "ST-20" which when completed will be a new launching platform for security token projects that want to launch an ICO but are underfunded or too early in development for a true utility token

Along with Polymath, we've seen another new project: Securitize This is 50% ownership under SPiCE VC, a Venture capital group that has invested in multiple blockchain projects Securitize seems to be a similar layout to the Polymath concept They are offering people who are launching ICOs to more effectively hit the market as a security But securitize seems to give a more expansive set of tools, and much more help with the ico set up itself, much more than simply the ERC-20 "ST-20" smart contract

But we must remember when dealing with a new market and SEC regulations there are some things to be considered regarding trading these assets Unlike the traditional exchanges where we can jump in and trade our utility tokens for other cryptos or fiat, mixing that with security tokens wouldn't be feasible So a number of different groups that have been playing around with the idea of a security based trading platform Currently the tZero project is the biggest of these, which is actually owned under Overstock, and have a few crossover advisors from Poly math and vice versa It will essentially act as a highly liquid security token trading marketplace

This is great because one of the biggest issues I have experienced as a crypto trader is that if you aren't trading the absolute top market cap tokens, that liquidity is simply not there With security tokens, we will open the space to higher level investors and greater levels of liquidity Now granted, while you won't have as many average consumers participating in the ICOs themselves or the presale of these security tokens, the ability to purchase and trade them will be much more feasible than trading some of the smaller no name utility tokens floating around out there Just to be clear, utility tokens are not dead!!! They aren't going anywhere, but these new ICO's that are launching will be facing much more stringent restrictions, and I believe the security token concept will truly be expanded on in 2018, becoming a big part of what we see in crypto And as we move into 2018 there seems to be a relatively small number of groups that are moving forward on this security space

One of those few groups is the "Security Token Partners" headed up by Mario Pazos We will be sitting down with him next week and doing an interview with him! He's a major investor in the blockchain space and a driving force in the forward motion of the security revolution in cryptos This should prove to be very interesting as we see why he thinks securities will be a huge breakthrough in the crypto space! If you liked the video, leave us a comment! And remember, our CryptoPlayhousecom website is officially launched, so head over and sign up for the Elite Club! If you are a current ICO or blockchain project looking for aid, we have a "Strategic Partnership" section you should check out! We look forward to hearing from you! [ending music]

FunFair- 100 Cryptos in 100 Days – Best Cryptocurrency Channel

what's going on guys this is B Wells and I'm bringing a hundred Kryptos in a hundred days this is the ninth out of a hundredth episode and if they were featuring funfair so funfair is a cryptocurrency that's based upon changing the casino industry and the online gambling industry we'll take a look at its current price that's right on our 4 cents with 180 million dollar market cap you see the total supply of fun tokens is going to be right under 11 billion but there's only 46 circulating I'm not a hundred percent sure where these other ones are at this is a coin that I haven't researched extremely thoroughly but I have looked into the white paper and I've looked into possibly investing into it I had some for a little bit just for when I was day trading a little while ago for just for fun so it looks like bonus release was right when it was the highest ratio with Bitcoin with a price there's only two point one sense but it's been as high as eighteen point five cents so eighteen and a half cents with a market cap of all three 818 bill or a million dollars so it was a almost to the billion you can definitely see that it has potential on that high point and because I think a lot of crypto is that hit that high point do have potential other projects that hit a high point that don't follow through with anything though will end up falling off and continue and maybe even die out at some point like a lot of ICS have but companies and programs and people that are putting together what they set we're set out to do and create I think will definitely survive the long haul and also I think will do very well because you know people are investing in blockchain today that's the that's the hot-hot investment quick way to try to make a million dollars so we'll look at the funfair website pretty nice design they have a nice interactive logo up there pretty good team if you look through it and that they now have test network games we're ready to roll on the test network of aetherium and you can also play locally so we'll go over here to their showcase haven't tried to play anything yet so let's give it a go I'll see if they have any blackjack we can play and play local and this is my first time trying this out as well so see if I like the feel it looks really nice Mac's bet a thousand so let's start max what's a thousand let's start with a fifty bit he lit up I think he's got a ten showing he's gonna bust yeah let's see it read that platform looks very nice and smooth so far everybody I can definitely tell that it's taking a little bit extra computing power out of my laptop I have a MacBook Pro though so it shouldn't be too rough on it seems like a nice flat phone though it's working smoothly it looks really good checking for bloggers let's hit that one so yeah this is a nice platform for the blackjack we take a look we'll take a look at one more game just to see what it looks like and a lot of people are gonna go ahead and accept funfair and partner up with them I'll tell you another coin that I've talked about in my top hundred cryptos in a hundred days was the mana decentraland which is a VR world and funfair is actually partnered with biggest city in decentraland so funfair will be certainly powering a lot of these VR casinos in the future where people are going and playing blackjack playing poker whatever they're their favorite game IV with their friends with some of their family members actually getting to interact with them without ever leaving their house sitting on the couch and I think that'll be cool in ways and I think it might be abused to by a lot of people as well some people might even get stuck in their digital world but whatever the case I think it'll end up to be pretty cool to at least experiment around with and have a little bit of fun every now and then so the roulette looks pretty nice too doesn't look like they're gonna waste too much time which is probably a smart idea if you want to get maximum amount of bets in because most Roulettes you know those to show them spinning around for 45 seconds to a minute or something sometimes a little shorter sometimes a little longer but this one's pretty quick so you could get a lot of bets in and we'll just give it ten rolls here and see if we can hit that red seven and I think that a lot of these coins might be burned one day too I'm gonna have to UM I have to you almost have to update you guys on my research if but I know that mana will be burned as you're in east-central and I'm not sure here to bring funfair tokens you might be able to gamble more than just mana and be central and or spend it because it will be digital stores there as well but I like how cryptocurrencies are partnering up a lot of people are taking their talents and combining them and that's that's great for the space I think it's gonna be awesome look at that they want to put it one off just to keep you going you know make it seem like oh you almost got it before for more roles here and see if we can hit this red 7 just I gotta hear the odds of you hitting it 10 out of trying 10 times whenever the odds are about 1 out of 38 with the no only one out of 37 there's only one 0 so you know if I could hit that red 7 I feel especially confident investing in fun fair but since it's not showing up for me I might just have to move on to another project I'm just playing but uh it's looking it's looking good for funfair it's really smooth I really like the look of it it would even tell they put time into this looks like the best of online gaming casino type platforms that I've seen it looks way better than most that I have seen – like there's certain websites that are flash this looks really good but like I said it does take up some computing power for sure so they're gonna have all types of games like backer app slots they even have some type of arcade video poker so I think it's gonna be a really good project in the long run craps let it ride is just so many so many games I think so cool like I think they really put their time three-card poker your letter I Caribbean stud numb to the Stars I've had those our slot machine yeah I think it's gonna be a great project and we'll see how it turns out but I could easily see it being well over a couple billion dollars once it's implemented especially if decentraland takes off there's a PR city where you can go gamble and obviously some jurisdictions might have to get on board legalizing it but there's a lot that will allow it already so I really like this project and just the remind you guys definitely check out and subscribe because we're gonna have giveaways on this channel as soon as we hit the thousand subscriber mark every weekend so do that support me you know hook me up with some up boats or give me some feedback on comment I'll appreciate whatever you have to say even if it's constructive criticism thank you guys for watching and supporting the channel and I'll see you on the moon have a good one

Tether- 100 Cryptos in 100 Days – Best Cryptocurrency News Channel

what's going on everybody this is B Wells and today we're bringing you a hundred crypto in a hundred days the number 10 out of 100 episode and we're featuring tether today so tether is gonna be kind of quick because it's not a crypto you actually invest in its one that's designed to always stay at $1 and it's used on many major exchanges if you see the market cap its rank is 15 overall but the 2 point almost 3 billion dollar market cap is backed by US dollars in this case I'll say before I go on any further there has been a little bit of speculation that tether is insolvent or they don't have enough they've been printing more tether as opposed time in US dollars they've received I don't really believe that that could be true I think tether is going to be fully compliant and solvent but that will work itself out here in the future and we'll see we'll see what happens I think it you know I was just negative more negative news to put and to the mainstream media to bash the price of crypto currencies down so tether should always stay towards a dollar the only reason you ever really want to invest in tether is if you have something like Bitcoin neo aetherium and you want to trade it to the US dollar or tether and think it's essentially like shorting the coin almost because you'll make the money or make more coin if Bitcoin drops if say bitcoins nine thousand dollars you trade it to tether now you have nine thousand dollars worth of tether and it goes down to eight thousand dollars you'll be able to get more than one full Bitcoin at that point and that's how you'll make a profit so that's how people in exchanges use tether and I think that it's a great project it's something that helped bring crypto more into the mainstream helped allow more people to be able to buy it I expect to see it sticking around for quite a long time and used by many exchanges and I tether up every now and then if I really think the markets about the dip for some reason I'll definitely switch it to tether and wait a couple days and see what happens and see if I can make some extra coin it's mainly how it's used so definitely definitely a good project but if they did come out to be insolvent or they didn't have that full amount of 23 billion dollars a lot of Kryptos I think would crash hard at that point because there's meaning exchanges that you tether from finance to bitch wrecks so I know that a lot of them use tether to be able to switch between back and forth the US dollar and crypto so let's hope that it is solvent that's really all I had to say about tethers considering you can't invest in it we'll be bringing you the 11th episode today as well since I missed yesterday so sorry about that also just make sure you subscribe to the channel because as soon as we hit 1000 subscribers which will probably take about a month or two at that point we're going to be doing giveaways every single weekend crypto currency giveaway so thanks a lot for the support I'll see you guys on the moon take it easy

Monero- 100 Cryptos in 100 Days – Best Cryptocurrency News Channel

it's going on guys this is V Wells and this is a hundred crypto in 100 days and today we're gonna be talking about Manero Manero currently has a supply of fifteen point eight million coins and once I reaches 18 million it's gonna start producing 03 Monero per minute to an infinite level which is an approximate 1% gain on its first year so somewhere along the lines of of 1 percent a year for the inflation of one arrow it's not like Bitcoin where it's gonna cut off at a certain amount and then freeze never have another coin created and that's just the one difference with Bitcoin in Manero the other main difference is that Manero is a privacy based coin whereas Bitcoin is more of just focused on being a currency and a store value means of exchange so just straight from the Monera official website you know it's obviously the leading crypto right now with the focus being on privacy and censorship resistant attack transactions so essentially when you're using one arrow now you're getting the privacy that bitcoin was once touted for that never really had people used to say bitcoin was private but it really wasn't and especially now that Edward Snowden has released some information on that considering governments or whatever Evans eyeing Bitcoin users for a long time and prioritizing it but um whenever transactions are also confidential they're untraceable it's a grassroots community it's got seven core developers that started the project and it's an electronic cash that allows fast and explicit inexpensive payments so Manero it's obviously kind of essentially a cent just like Bitcoin other than the fact that it it doesn't have that max supply of coins and it has the privacy focus it's kind of disinflationary rather than deflationary but with that model that's still a good model that I think will definitely work in the crypto world I know that Ricardo's Fagin II he's one of the lead developers on Manero and I heard him speak at the North American Bitcoin conference a couple months ago and he's definitely a top-grade guy that's just gonna work hard to bring this into fruition and he was even speaking on that you know that he could easily be replaced if he doesn't work hard and I think he's gonna follow through with Manero and see it see it all the way through I think it's gonna really have a lot more potential from this 210 dollar mark I could easily see this three billion dollar market cap 3

3 billion dollar market cap hitting 50 billion which would be a gain of about 15 and that would put the price of Marinero Oh a little over $3,000 I think that that's probably a fair price at some point I don't fair target anyways I should say but you know that's that's what I'd be looking for if I was holding it easy Lee a great investment right now there's a lot of good investments currently but monera is definitely another one that's why I wanted to cover it and especially if you want to have some kind of privacy focus with why you're using the cryptocurrency or just you know whatever your reason might be you don't really need a reason don't want privacy so definitely look into Manero a little bit further to your own research before you ever invest in a coin and make sure to subscribe to the channel we're going to be doing giveaways every weekend once we hit a thousand subscribers appreciate all the support make sure you hit that like button and I'll see you guys on the moon take it easy

Ledger Wallet GROSSE Mise à Jour Sécurité + 18 cryptos !

Hi ! I hope you're okay Look, Ledger has released a very important update for the Ledger Nano

This is what we will see in this video Hello everyone ! It's Rousseaux the good tips This channel is here to help you increase your standard of living so that you can spend more time on what you really like But also to secure your crypto because we do not laugh with it So the video will be very fast, without editing or anything

Because I want her to go out as soon as possible given to avoid any mistakes being made Ledger has released 14, finally 141 when you install on your Ledger Nano

So, this update, it is important for two main reasons First, it greatly enhances security by bridging gaps And the second reason is that you will be able to install more cryptocurrency on your Ledger Before, you could only install 3, 4 or so And now you can go to 18

Which is huge That is, you can have NEO, BITCOIN, ETHEREUM, RIPPLE, LITECOIN You can really have a lot of crypto-currencies on it and it will make life easier for many people So, precisely, they put on line I put you the link just below the article to say how to update but I find that it is not detailed enough and especially that they put it in English for the moment So, if you're francophone, well you find yourself a little lost

So the first thing you have to do is launch the application for Ledger Nano So, only the Ledger Manager that allows you to manage your Ledger Then you plug your Ledger of course and he will ask you for your PIN code So, before you start this whole thing, make sure of one thing it's knowing your 24 words or having them securely because there have been people problems after updating Their Ledger was not working at all

And if you did not have your recovery sentence, you're screwed So before you start doing anything, make sure you have your recovery phrase Once you have entered your PIN, it will load automatically So here at this point, you'll have to delete some applications Because in fact to install the software, the new firmware Well he'll need a place on your Ledger

So, you will be able to click on the trash here, for example to uninstall bitcoin So, if you uninstall an application, it will not say that you delete your Wallet Your wallet, it's always available It's just that you will not have the app anymore Your little Ledger, he'll ask you if you can allow to uninstall

You put yes and there he will remove the application Then, once you've removed 2, 3 Anyway, once you update this will remove all the applications you have on your Ledger That's what you need to know You go on firmware So, you may have a small window that will appear here

I already had the case But otherwise you go on firmware and here you will be able to click on install So, he shows it here, so he says to go firmware and click install on version 141

By the way, if you have a version lower than 13 look good before throwing it well it will remove all your Ledger and reset it to its factory value That is to say, it will be necessary to type the 24 words to be able to initialize and recover your corners otherwise it will be lost forever So that's where it really gets and I did not really like the way they did it when you install the firmware so he's going to ask you to validate here as you can see And once you've validated, your Ledger will stop

And in fact after, it will reignite saying that you do not have the good version This is actually In fact, you have to click on the button when you branch it That they could have explained in the software, actually Because otherwise you find yourself a little lost

So, you have the famous message MCU firmware is outdated And there, you must unplug your Ledger Plug it back in by pressing the button next to the USB So you see, here I have USB input I stay pressed

And there, 5 seconds and once you put this, you will have the bootloader And there, it will finish the update, in fact, and install the new firmware Then you can reconnect by putting your PIN code on your Ledger and that you will see that you will have more than settings So, it will reinstall all your applications Well, it's very easy to install these applications

I'll show you quickly We click on bitcoin since we uninstalled it You see that I have Ethereum and that's all We authorize This will install the application and you can do it for the whole process like this

So in the end, it's pretty easy to update your Ledger when we have the right information But as you can see, I've already helped several people update it because that's exactly what Ledger did not do, I think for myself, communication work could have been improved because we find ourselves a little lost in front of that, actually Article, let's admit that you plug your Ledger and you're not aware of the update you did not look at your mails because that would be good if everyone looked at his mails well you go in, he says to you: update your Ledger You update it and after, you find yourself with the message and you do not understand what you have to do because you have to know that you have to press this button to finish the update and unplug and reconnect So, that caused a lot of problems on Reddit and others

And I wanted to make sure you did not have this problem So that's why I made this little video I hope you enjoyed it In any case, if you do not have a Ledger listen, I find that it is a tool that is really practical to secure its cryptocurrencies because with that they are stored offline and this is one of the most important things Well, I put you a link just below

If you want, it is a link sponsorship, affiliation, you call it as you want And suddenly, you can buy it directly and in return I will have the right to a small percentage, but you do not pay more So here is ! If you like it and if you want one, listen now, they have in stock Sometimes, there are more in stock It depends on the moments

Listen, that's all I had to say for this video I wish you a good update Do not hesitate to comment briefly if it helped you or if you find this kind of videos useful and share it if you know someone who has a Ledger Wallet because like that he will know that we have to update if he wants to pay attention to his safety And I wish you a very good day, evening where I do not know And I say hello to you next time!

Enjin Coin- 100 Cryptos in 100 days #12/100

what's going on guys this is B Wells and this is a hundred kryptos and a hundred days and we're talking about engine coin today engine coin is a gaming cryptocurrency that is built essentially to add value to digital ID ohms so game developers are gonna be able to get creative with using engine corn and placing real value skins and items throughout their game in the very first game that it's gonna feature is minecraft and that's because engine was a company prior that sold Minecraft servers so their team has already been in the gaming market for quite some time which is a really good thing to me for a coin that I'm investing in and I think they're gonna easily be able to bring some good digital value to or some value to these digital crypto currencies by placing them in games and stuff so they've already had some really cool developments since they've been out they've came out with an e rc 20 wallet that is capable of taking in a lot of different of popular ERC 20 coins and it's an unhackable wallet and I say that because they designed the keyboard to change every time so therefore even if somebody had a key logger on your phone somehow they would never know which keyboard was popping up so it's basically an unhackable mobile app wallet which is awesome that's kind of outside of their gaming platform as well and that just got announced on the 23rd I believe in March so we have the affinity test that there's gonna be a lot of transactions able to run across this blockchain using the ERC 20 tokens without excessive fees and it's gonna be highly scalable as well they have some huge partnerships as well so not only as engine coin already started with their minecraft SDK but there have also worked with getting a deal with real gaming engine and they also just sealed up a deal with community which is a huge gaming developing company so they were behind some games like Angry Birds – Pokemon go I have a huge list of games sort of spanning the last decade that they've been working on so it's another great partnership the engine is acquired and in the terms of other gaming coins an engine is far ahead and many different ways not only did they have millions of customers and databases of of all those customers with their prior platform that we're gamers playing the Minecraft game but they also now have all these partnerships and they have all these developments that are gonna help their blockchain succeed and be scalable with less fees and higher usage so I definitely see engine coin taking off they have a lot and to do here in their roadmap over the course of the next few months and we'll see if they release some of the stuff that they're supposed to and as you can see it dropped under two cents the ICO price was about there two and a half to 3 cents and it's been as high as 43 cents so it's definitely a project that I can see hitting a billion dollar plus market cap one day and possibly even more when certain items and certainly digital worlds are more usable and especially when you VR is in the mix and stuff like that and I think in vain' will dis pair perfectly with stuff like wax token and some of these other projects and I can't wait to see what the future holds for engine coin for me it's a definite fold and I own like 20,000 engine coin and so does my brother and my friends whew my friends own engine coin as well but it's a great investment if you're a developer just trying to make some money or whatever the case might be definitely look into engine core and do some research see what you think thanks everybody for joining in appreciate you watching the video and make sure you subscribe as soon as we hit a thousand we're going to start a weekly giveaways on the weekend thanks a lot and I'll see you on the moon take it easy

Smart Cash- 100 Cryptos in 100 Days – The Best Cryptocurrency News

what's going on guys this is V Wells and I'm coming at you with a hundred kryptos in a hundred days this is the number thirteen episode out of a hundred and we're gonna be talking about smart cash today so smart cash is a crypto currency that is essentially trying to come out and allow you know smart voting a more decentralized network it's gonna allow fundraising through the actual platform itself as well for certain ideas you have to help smart cash grow each coin that you hold will be worth a vote and these type of things it's also a coin in chicken steak so you can get what's called smart rewards which is essentially your awards for staking and anytime anybody who gets over a thousand smart cash gets paid every 30 days after the 25th and that's that's pretty huge you get really good rewards I made about 4% in one month of a growth from staking my very first month of doing that and the future of smart cash which is hoping to bring it into the mainstream market and make it a highly usable cryptocurrency is what's gonna be called smart instant pay which is going to be basically a smart card what is gonna be called and it's like a debit card that takes cryptocurrency or a smart cash and turns it directly into spendable funds on a card where you can spend them anywhere a credit card or debit card is accepted so that is gonna really help boost main crypto into the mainstream I think there are other projects that have the same idea in mind there's 10x there's Sentra and there's a couple more so I mean I'm hoping some of these will actually get released like they're supposed to and help crypto become more mainstream and allow you to spend it easier a lot of people don't want to spin their crypto yet but I think in the future once it's accepted more broadly I think more people will start spending it especially when the price stabilizes a bit too however for now something like this would be great being able to spend some cryptos you see the average block times gonna be 55 seconds the maximum supplies five billion that's pretty high but right now there's only a 14 billion out in circulation so they're keeping a lot of those for the staking in other rewards I'm not sure what's gonna happen once they're all out and in in circulation however the rewards is gonna work or if they're gonna lower it by time I really haven't looked too far through this coin and done a lot of research the reason I'm behind it and the reason I invested some into it is because somebody I greatly respect from the crypto world named the og brach nuts Nona esteem accom has brung nuts he's a heavy proponent of smart cash and this is a guy who's very conservative in terms of what he invests in he doesn't invest in that many coins and if you look at his theme wallet right here he's got a hundred and five thousand steam worked a hundred and eighty six thousand dollars so I mean I think he knows what he's talking about to a great extent and he's a very skeptical investor so the reason I got into smart cash without really diving in deep was because oh gee Brock nuts recommended it and I fully trust him with a lot of crypto because I know that he's an OG you know like he's been in the game like me for a long time so Oh G brung us a big shout out to you thank you for telling me about smart cash I'm glad I heard about it and now let's just take a look at the price and the charts and stuff it's only eight cents a piece right now with a 66 million dollar market cap now look at this chart this is just ridiculous it was under a penny back in August had a big boost up to 16 cents and another dip but look at this pump right here we're talking smart cash hit two dollars and 80 cents guys and now it's eight cents apiece that is more than 30 time discrepancy and a lot of people might be scared of that but I like to think that good projects will bounce back even after big losses and if you see it's been on a huge downturn ever since it went back from that all-time high of 280 all the way back down the 91 cents 85 cents who stood back up to almost $2 and ever since it kind of stabilized around the 30 cent mark there for a little bit but it's just been slowly falling with a with some of the other kryptos in the price of Bitcoin but it'll be great to see it bounce back I really hope that it can because I'm up to about 20,000 smart cash now I just bought some more today actually seeing the very low pricing so we'll see what happens with it it's very exciting project again thanks to hope you brought nuts for shout it out to me and I'll dive a little deeper into it once I do a little bit more research we're just getting the basics of 100 coins done in a hundred days and after that we're gonna start doing some more intermediate to advanced videos but we're starting out more of a beginner level and working our way up because there is a lot of new people in the cryptocurrency space thanks a lot if you watch this video I'd greatly appreciate it thank you for any support or follows subscribes I should say and lights make sure to subscribe because as soon as we hit a thousand we're gonna start doing crypto giveaways every weekend guys so appreciate everybody tuning in and watching any comments that you might want to leave and I'll see you guys on the moon take it easy

Crypto’s Wild Ride

We're here with Professor David Yermack who runs the FinTech specialization at the NYU Stern School of Business where he also chairs the finance department and chairs the effort around law and business thanks a lot of credentials in there anyways all things crypto one of our most popular segments was talking to Professor Yermack about trends in cryptocurrencies it's been about five months and we wanted to check in please respond in our comments if you would like to see something like this every week we get a ton of interest in crypto so with that since we last sat down Professor Yermack give us some of the updates or what's happened in the world of crypto well there was a spectacular run-up in the fall that culminated in Bitcoin briefly trading for about twenty thousand dollars shortly before Christmas then it dropped 70% now it's doubled it's in other words this has been a very wild ride but Bitcoin as we do this is trading above 11,000 which is a very high value compared to it was you know a year ago so the rates of return for investors have been very high probably the biggest news event was the listing of futures on the commodities exchanges in Chicago there are now Bitcoin derivatives that are very much part of the financial mainstream now that they're on places like the Chicago Mercantile Exchange and this was I think an act of regulatory forbearance by the commodities future Trading Commission the US regulator had umpteen ways they could have prevented this from happening but ultimately let the product take hold and even though there were some people predicting catastrophes and glitches in the markets none of that has come to pass its legitimacy a huge an EpiPen of legitimacy to crypto it has you know really traded in a very ordinary way and provided for the first time really a product that allows you to bet against these things that up until now you could own them and expect them to go up but there was really no way to predict and bet against them dropping in value once those futures were listed I think it's no accident that Bitcoin dropped 70% in the next month or so but the market has on now seeing some stability I would expect you're going to see many many more of these derivative products not just around Bitcoin but on many of the cryptos coming in the months and years ahead does being traded on a futures exchange decrease volatile years I've known it's meant to it's the the ideal futures contract is first something that has a lot of volatility that people are looking to manage so in that sense the crypto currencies are absolutely ideal and it's too soon to know but if you look at the last month or two a trading it does seem that there's been less volatility than there was in the fall when it was spiking up really to crazy levels and as Rubin or institutional investment is there more is there greater clinical credibility I thought Jamie Dimon went from saying it was a fraud or it was illegitimate to all of a sudden softening his stance on it any additional signs of legitimacy or entering the mainstream there are not any investment companies that are putting products out in the market for regular consumers this really hasn't been permitted yet by the SEC and other regulators there's a lot of interest in this and I think you're going to eventually see this happen in another country if it doesn't happen in the US but the big asset management firms still don't have products on the market that are directly based on crypto I think the best you can do is indirectly invest by looking at the companies in the mainstream that are vendors who are making the mining equipment the special chips or who are introducing blockchain Enterprise Solutions to people in the logistics business you can earn their stocks and that probably makes a lot of sense if you're a believer in the underlying technology so let's talk about the ratio of legitimacy and value of bitcoins sort of the Big Kahuna versus the altcoins what are the trends so for example I saw Bitcoin was up 6% today but Ethereum was down 1% and I think a light coin was down so it seems like there's a bit of a diversion well they are not particularly correlated with each other this is surprising because you would think that these would more or less move as a group but each has its own business case and even last year when Bitcoin was way up there were others that rose considerably more Ripple for instance was one of the big success stories and also I think a theorem rose by a factor of 30 last year some ungodly return but at any given time there are issues of Technology and regulation that may apply more to one coin or token than to others and so you're not going to see the move in lockstep and they don't necessarily serve as hedges against each other either so if bitcoin is meant to be a store of value and a means an alternative currency aren't some of the alt coins for example if theorem aren't they in addition to being a store value and a new-age currency don't they also have some underlying intrinsic technology valued I've heard a theorem is for contracts so give us a rundown on the biggest altcoins and what the underlying technology or intrinsic value is and any viewpoint you have on those you know how much of it is where is there they're there around some of these underlying technologies you have at this point more than 1,500 tokens and there are more almost every week coming to the market the clear number two is Ethereum and Ethereum like bitcoin is a blockchain based token but it's meant to execute smart contracts that you can essentially give contingent instructions for insurance products and for the execution of promises that depend on each other so if you don't make your car payment your car will automatically be shut off and then you use the ether tokens to provide what's called the gas to make that contract execute in the background or you can use the ether tokens as payment to fulfill a commercial promise maybe as a bond or a collateral payment for people who stipulate that they'll perform some act and then either do or don't do it so Ethereum is a very ambitious language that's meant to create this really new framework called the smart contract that would be a self executing self verifying contract in other words a contract that doesn't need lawyers to enforce it when things go wrong and it raises many novel legal problems but at the same time will solve many others and in particular you don't have to go to court and get a lien when people don't keep their promises these smart contracts just automatically execute with certainty and you have to live with the consequences so cut out the sheriff cut out the repo man exact just something happens and maybe you figure out a signal that turns off the Tesla whatever it is and you can no longer or it cuts off your cave whatever no that's the classic example as it shuts off the ignition of your car remotely and these days the car could probably drive itself back to the lot so no more repo man the costs of dispute resolution in other words are driven down and the cost of verification if you can somehow use sensors remotely to the internet of things as it's sometimes called to police people's behavior in compliance you can really eliminate an awful lot of costs related to verification and enforcement and the real point of this is to solve moral hazard problems a lot of people don't pay their car loans because they know it's costly to foreclose and so I can miss a couple payments they won't think that way once they know with certainty some machine in the background is going to shut off their car then you'll get much not only better compliance by borrowers but people may stay out of the credit pool entirely and so you'll improve the quality of the people who do show up to borrow so the in theory that sounds outstanding I've also read that the number of companies actually using underlying Ethereum technology is not that great has this been adopted by a lot of firms there's a lot of beta testing going on and the insurance industry looks like really the place where this would have the most long-term impact a huge amount of interest but other than some niche products like there's an Ethereum flight insurance contract that you can buy so if your flight is delayed two hours it pays over the ether to you into your digital wallet without anyone having to verify this and so forth these are really proof of concept at this point and I think in the long run they may play a really important role but not until some legal issues are clarified you know it's possible that you and I could have a smart contract that actually violates consumer protection law and then how does this get sorted out in court when a lawyer goes for an injunction but it's impossible to shut the contract off and it's not located in anyone's jurisdiction you can imagine in the long run this would make more work for lawyers rather than less because so many novel problems might be created so so Ethereum smart contracts what's the next one the next one is probably Ripple and Ripple is a little different than the others it's some not a public blockchain so much as a conduit for payments and Ripple has positioned itself as an alternative to the Swift Network for international money transfers so you know if you're in London and want to send money to your bank account in New York it'll take you three days and a 7% fee and you wonder like why so much why you know it seems unnecessary Ripple will do it in the blink of an eye for free and the Swift Network has been notoriously insecure because there are tens of thousands of banks linked into it and the weakest link in the chain is where the thieves enter in and very famously hack the system Ripple I think the security is the real point of differentiation but also the speed and cost so the Swift Network now has been forced to reconsider its own technology I think competition is very good and probably long overdue and I think the Ripple people were very shrewd to identify this one use case for their coin and to try to build up a critical mass of business which they have litecoin litecoin is a knockoff of Bitcoin it's still unclear to people what like coin is good for although you do see more and more people accepting it as payment like coin is easier to mine than Bitcoin and it is blocked four times faster so in the case of Bitcoin you have a new block roughly every ten minutes in the case of light coin the cycle is set to two and a half minutes so you get quicker confirmation of transactions like coin looks and in most other ways a lot like Bitcoin but it has its own blockchain its own history and ultimately you would think that if Bitcoin is valuable light coins should be valuable for the same reasons but you would also think that maybe like coin is unnecessary that it you know it's just sort of looks like Bitcoin divided by four but it doesn't trade for 1/4 of Bitcoin it trades for a pretty significant value but nowhere near a quarter of a Bitcoin litecoin is more democratic in the sense that the hardware that works on their blockchain is not the same hardware that works for Bitcoin and most of the other cryptos in other words you can't just bring more horsepower into the race and get an edge against other people they've preserved an element of randomness due to the fact that they have this crypto mining protocol that relies on a different part of your machine instead of the Bitcoin technology that just really relies on who has the fastest processor another big trend forking explain what forking is and why there's so much of it right now a fork is where a blockchain is adding blocks every 10 minutes say in Bitcoin and then basically it diverges and this can happen sometimes spontaneously because two miners win at the same time and they both continue to mine in their own direction those are resolved basically by a process of consensus usually in a few minutes but some Forks are deliberate where people will upload an alternative version of the software and invite people to opt out of the old code and to adopt theirs so this is sort of like a group of the shareholders of a company saying we don't agree with management we have a different strategy and as many people who want follow us in this direction and then they're able to maybe divide the stock and take some of the assets with them so this has happened now once with Ethereum and twice with Bitcoin and what it's led to is competing versions where they have a common history up to the point of the fork in the case of Ethereum you have still something called Ethereum but the original one called Ethereum classic it's like a schism where they both claim to be the Pope and you have in the case of Bitcoin there was a fork called Bitcoin cash that occurred last August Bitcoin cash was meant to increase the block size multiplied it by a factor of eight so that Bitcoin could accommodate the growing number of users who wanted to use it and not long afterwards in October something called Bitcoin gold was a second fork that went in the other direction it made it you know essentially reinforce some of the orthodoxy of the original Bitcoin and would these are all catering to user communities who fundamentally have different visions of the future of the coin so it's interesting because forks are about governance and discipline of the people in charge what is the governance who gets to make these decisions yeah there is nobody in charge which is why it's interesting and when Bitcoin was launched there was a folklore that when you had disagreements anyone could put out a new version of the software and if they got 51% to run that software that would become the new code so could we start could we do Bitcoin Stern and eventually try and come up so we'd have to come up with some sort of code that said this is an enhancement and then we go out and lobby Bitcoin owners Diggs Ryan yeah and it turns out you don't need 51% you just need enough enough to sustain a blockchain you know to mine it regularly and so forth so it looks like rather than two versions you might have many versions of Bitcoin if it keeps growing and whether this is a good or a bad thing remains to be seen it's certainly something very new and financed and it's a very organic bottom-up form of governance where people who disagree if you can get enough of them together they go off on their own Fork with their own version of the software ultimately they have to convince other people that this is the best way you know to people who might accept the token and so forth the the Bitcoin cash was thought to be almost a joke that wouldn't have any value but it's trading right now for about fifteen hundred dollars and the people who got it if you own Bitcoin before August first which was the date of the fork you now own both you still have your original Bitcoin but you have the fork and today you have a choice if you want to buy into it you could buy either good buy both but if you happen to have owned it before the fork occurred you get both versions so seven hundred billion dollars total market cap for all coins and I know you don't like to get into business of coin picking but if you were to guess in five or ten years are we more likely to see the total market cap of kryptos at a hundred billion or do trillion what do you are you because it sounds like you're definitely bullish on the blockchain but your measured and your thoughtful around the value of the specific coins but taken is the market cap of the whole sector trying to time is a fantastic smoother of modulation or way our great modulator of waves but as the regression line upward here for crypto over the next few decades I think it is but I say this partly because I think a lot of the mainstream financial technology will cross over that in ten years I think all the stock markets will be using these digital assets with blockchains to clear transactions I think the sovereign currencies will be moved on to block chains controlled by central banks this will get to the point where this actually becomes the mainstream financial system where you recognize that this technology is so valuable that it shouldn't just be for these private coins and tokens but the real institutions they're the foundations of the economy the central banks and stock markets and so forth will find ways of co-opting the technology and integrating it into people's routine daily business I fully expect that cash physical cash will be gone probably within ten years and in most parts of the world and I think all of the financial records on stock markets bond markets derivative markets will all be kept on blog chains but whether these will be private blockchains where people compete on a decentralized basis and there's no central authority i'm skeptical about that because i think for a lot of people the comfort of a central authority of political oversight is still going to be very important doesn't this and maybe this is a utopian or a glass-half-full viewpoint but doesn't this hopefully bring down taxes while increasing tax revenue because the government should have an easier time taking all revenues from the shadow economy into the legitimate taxable economy that's completely correct the attraction of this technology essential banks is that you can completely defeat money laundering and tax evasion and it's actually a lot of money at stake just in those two things even in the United States and much more in other shadow economies so go back to the notion of mining and environmental concerns around the notion that I think I read somewhere that the carbon gas carbon emissions from Bitcoin might might be equivalent or rival a medium-sized country in Europe at some point there are estimates of how many computers are hooked up to the Bitcoin network in doing the work of mining and as the value of Bitcoin increases more computers come on line because a reward is given every ten minutes to whomever solves the block and the reward is twelve and a half bitcoins which amounts to one hundred thirty hundred forty thousand dollars so people do the math and they say if there's a hundred forty thousand dollars reward that's equivalent to five thousand gallons of gasoline that are used to mine every Bitcoin they just do the math of a price of a gallon of gas and they think that there must be a first-order condition where people will enter into the mining business up to the point where the cost of the energy equals the value of the reward that they hope to get now it's hard to verify this exactly there's no question bitcoin burns a lot of energy and you can do the math and say it's more than Ireland it's more than Denmark but we don't really know that and the one thing that's obvious is that Bitcoin miners tend to locate where energy is cheap and abundant so many of them have been in Iceland in Inner Mongolia lately Quebec has become so there are no carbon emissions from hydropower so if you're mining Bitcoin based on hydropower you're not adding any carbon exactly and you're cooling your stuff for free can just open the window in Quebec or Iceland and it keeps the computers nice and cool so I think a lot of the people who make these back-of-the-envelope estimates are greatly exaggerating the end of the power consumption but I think the bigger point they're making is a lot of computer resources that could otherwise be doing good work somewhere in the world are being diverted to the guessing of random numbers and wouldn't it be better if the work and the proof of work system and mining wouldn't it be better if that work could be useful to society like doing weather forecasting or cancer research or something like that anything that requires a lot of parallel processing or is there may be a better way besides proof of and there's other systems being proposed such as proof of stake proof of space proof of importance which are interesting and it looks like even a theorem maybe transitioning to proof of stake and many of the other coins being designed or tweaking or even junking all together the proof of work for some alternative I think this is why the main design issues facing the whole area is is proof of work really the best and only way to go about it I don't think you'll ever have the problem though bitcoins soaking up all the energy in the world if this ever became a real issue that there was so much demand for electricity the price of energy would go up and the market would clear where a supply would equal demand and for people to say it's not socially useful I think we could make this criticism of teenagers playing video games of maybe best and brightest or at Facebook and not an asana I mean we could be a same argument but isn't what you're saying somewhat of an endorsement of altcoins versus Bitcoin because all coins the human capital going in or the IQ energy going into that have some underlying intrinsic value versus mining Bitcoin is just chasing chasing the reward I think Bitcoin was an extremely clever combination of a verification protocol the proof of work with a database technology which is the blockchain and the use of financial incentives to draw people onto the onto the net worker caused them to leave at the right time so it's a really clever combination of technology and incentives but it was a first cut at an extremely ambitious problem and you've seen in the nine years since Bitcoin went live a ton of innovation I think this will continue for the foreseeable future so the fact that bright young people are working for some of these other startups looking to improve on this this is what makes ultimately innovation and economic growth occurs when smart people invest their human capital and solutions to important problems and I think it's exactly what you're seeing here it's a great example of people responding to signals from the marketplace and markets allocating resources both physical and human in ways that you really couldn't do nearly as well through any kind of central planning or rules-based system and as someone who studies this which of the coins have an underlying technology that you are most bullish on what I can tell you from the history of tech innovation is that these things tend to get overtaken pretty quickly that even if you and I could identify the best token today you know somebody could come up with something better six months from now there are no barriers to entry we saw this with the internet with things like the browser wars where people would get a hold on the market briefly but in the end innovation by outsiders will make their products shrink away look at how Yahoo was overtaken and searched by Google you look at the music business with iTunes and then Spotify that young more clever platforms come into use almost without warning and they don't really require a lot of capital to get going they just require excellent design so given the number of people who are active in this space I think the best coins have not yet been invented they're not you're gonna see a lot of enhancement in product improvements you know probably for the foreseeable future an Amazon Apple Facebook Google or Netflix who would who foots best in terms of their business to issuing a coin if you'd heard one of these companies but you didn't know which one had issued a coin which one would you guess it would be I would guess it would be Amazon because they're moving into retail so aggressively that you know it just seems like a natural platform to have Amazon coin that could be used to shop at Whole Foods or at the online bookstore at the same time giving the customers a stake in the business that if Amazon ends up ruling the world their Amazon tokens will be more and more valuable so private currencies you know dedicated to companies is started with video gaming and there are all these world of warcraft games that have internal economies where the tokens actually trade outside the game you could replicate this easily with Amazon and Facebook and it's a little bit of a puzzle that they haven't so you know large numbers of users in a variety of retail platforms seem to be the optimal conditions for this to become valuable so finally tell us about the t-shirt this is hold on for dear life this is the investment mantra that it's a wild ride to own these assets so you really have to feel like you're riding roller coaster and this is the etherium token symbol here so that was introduced by a theorem that's just uh that's just a funny T this is for the crypto community and I wore this through the San Francisco Airport where all the Silicon Valley people were changing planes to get the big thumbs up people know what this means if they're connected to the crypto space my wife found this from me online it's a good t-shirt good stuff Professor David Yermack head of thefinance department at NYU and also oversees the FinTech specialization at NYU Stern School of Business please let us know if you'd like to see this weekly or bi-weekly professor thanks for your time thank you Scott

Litecoin- 100 Cryptos in 100 Days – Best Cryptocurrency News Guide

what's going on guys this is V Wells and we're bringing you a hundred crypto in 100 days today we're gonna talk about lifeline litecoin is a cryptocurrency similar to Bitcoin doesn't have quite the market capitalization as you can see as Bitcoin Bitcoin currently at 45% litecoin at 25 that's a crazy visual overview to me of the total market cap you just see how much of a choke hold Bitcoin and aetherium have on the on the market and then ripple even has a good chunk compared to everybody else and it's seeing something like neo at one point to 6% only having that tiny share of the market cap to me shows how much we're in our infancy as well though because some of these projects deserve to be right up there with Bitcoin and etherium in my opinion and we'll see if that plays out over the next couple years litecoin could be one of these projects it is currently four times faster than Bitcoin in terms of transactions per second so the bitcoins at 7

6 right now litecoin 295 so four times faster it's also four times the exact supply of Bitcoin so as you can see the Mac supply of life horn is 84 million as compared to big points 21 million this coin so Don's manic you know I've been in the crypto game for a long time and sometimes this point just makes me sick it's one of those ones like ripple I almost bought a ripple under one penny apiece a lot of them same with like coin I actually bought it it's sometime in 2013 or I think around July August I bought a bunch of light coin miners as well and the price did tank after that a little bit but I did I did have thousands of these little miners that I bought and that we're gonna really get a lot of coin at the time and I wish at this point I did have a bunch of Bitcoin miners as well in 2013 I had some can see miners can't see Jupiter really powerful machines for the time so I got some really good Bitcoin mining in ordered litecoin miners they came in late though so like they came in two days late and I got really mad I say I don't want him anymore I'm shipping him back I want all my money back and they gave me all my money back and I should have bought the coin instead just bought the light coin at two dollars a piece a dollar seventy apiece and then see it skyrocket up here just even this first time up to 40 50 bucks is just ridiculous and now we're sitting on like coin it's $120 so I know they've had their problems lately there's light pay thing didn't pan out like it was supposed to I've read I didn't dive deep into it but I know that a lot of people are disappointed but I still think it has great potential especially for the long-term it's kind of one of those cryptocurrency blue chips in my opinion so just how you can buy a stock in McDonald's you can buy a stock in Walmart and almost guarantee that you're gonna make yourself a nice dividend at the end of the year and you're not gonna lose money it's the same way with like one at this point especially in this low market it might dip a little bit more in my opinion but it's not going much lower and I could be wrong about that you know it could go down 1500 or something Bitcoin I'm saying buddy I think it's almost reached its low point strong support point being at 7,000 a little under $7,000 and we'll see how that plays out white coin when you look at the charts it it was as high as 300 plus dollars three can't even get the mouse on there but 3:30 it's a zoom in 373 at the high point 15 17 billion dollar mark market cap as compared to us 67 right now so like coin I you know Charlie Lee he's a Bitcoin superstar I don't know how many people are still behind them after this last snafu it's not my favorite investment to be honest with you because I feel like there's better projects even when you look at some of these max transactions per second you can scroll down here and you look at something like a OS which is releasing in June 50,000 plus I think they tested and said supposedly around 100,000 and that's coming out in June this year so we have a lot of other ones that are way faster credits which is currently out as well 200,000 transactions per second oMG has really good potential and then you see a lot of these other old coins so slow could go up they Bitcoin could scale Bitcoin cash could scale somebody can really show up and do their do their thing but it's a matter of Technology and safety they don't want to lose the integrity of their code as well because that's the big draw to it one of the big girls to cryptocurrency so like when it's a good part good project to be in it's a good project to be invested in not my favorite is term in terms of like if I if I really had to throw out like my top five coins like coin wouldn't be there but it's definitely a safe investment I think especially for the long term just like buying Bitcoin or etherium is appreciate all you guys support make sure you subscribe soon as we hit a thousand we're gonna do weekly giveaways every weekend giving away cryptocurrency I appreciate all the support I've been getting all the views or not likes comments keep it up and I'm gonna keep bringing you guys the best content I can this is the hunter Kryptos on 100 days if mb woes and I'll see you guys on the moon take it easy

Top Performing Cryptos of Q1 2018: Binance Coin & Vechain

What is going on snipers naive alle baby here, I hope all of y'all are enjoying your day today Let's dive into our daily Cryptocurrency analytics

We're gonna be talking about the top two crypto currencies of q1 of 2018 and whether or not these coins would be good for q2 2018 we're gonna be looking at the finance coin Making some enormous gains we actually called this one out in March and we'll talk about that and then the chain making some awesome runs of in q1 of 2018 primarily in the beginning of 2018 and we're to talk about why I think V chain might be a good steal a lot of discounted coins in all coins Right now and if we actually transition to the percentage of total market capitalization Dominance of Bitcoin and altcoins understand, I'm still very bullish on Bitcoin etherion and some of these larger coins But for the first time ever typically as you all know you see this before all coins typically act in an inverse relationship to Bitcoin and you can see how for the first time ever all coins are acting in accordance with Bitcoin rising and dominance for the first time while Bitcoin is also rising in dominance and if we transition to our first point the by Nance coin one of the top performers of 2018 one thing that you'll realize is it was pretty obvious that this was gonna be a top performer if y'all are getting our Alerts on patreon y'all know I posted this on March 13th the most undervalued point 2018 being the finance coin And I even say here I expect more upside in a new all-time high for this coin and this was actually trade alert for those of you on our patreon and if we Transition into the technical analysis to look at whether or not It's a good time to get into the finance corner now Understand you're supposed to buy the hype and sell the news if you haven't written that one down write that down because that is Something from traditional markets that have also transitioned into the crypto markets And it's a saying that whenever there's hype whenever you're expecting something to happen And you know that this cent or this coin in the crypto market is involved with the hype then it's probably a good idea to maybe lock in a small position in that coin because Understand that fundamental analysis, also works Just as much as technical analysis and fundamentals are extremely important to know and the best way to keep track of that is to stay in the know and that's why we Have programs like our patreon our Twitter our YouTube channel for y'all to stay up to date But is it a good time to get into by Nantz or the B&B coin in my opinion no I am now dollar cost averaging my position out as we're seeing these new highs because now that the news is gonna come out typically Within 24 to 48 hours of their coin burn We've seen some extreme run ups but for the first time ever We've seen a run up before the coin, burn because people are now expecting the coin burn expecting the news So in my opinion you want to observe the masses and do the opposite and that's what I'm dog costs positioning up or dollar cost Averaging my way out of this position right now just based on the RSI on the one day anything over 70 is oversold I'm just not comfortable buying any more at these price levels at least for now while the one day is at these really high RSI levels and Another thing that I'd like for y'all to see here Is that the MACD becoming extremely over stretched almost is over stretch as we saw in December when it saw its initial run up so in my opinion Yes, there may be some intrinsic value here But is it a good time to get a position in maybe not but V chain is looking a little bit different Let's transition into V Qing and looked at the coin market cap first and foremost very similar total market cap at around 14

Billion dollars, so understand that V chain is different than Finance in a lot of ways and V chain really saw its run-up because of a lot of different factors including The Thor program where they're incentivizing individuals to hold on to ten thousand-plus Ven coins and there's different tiers on that system if you all know about the V chain Thor program But there's also news of their partnership with BMW also news of Penn now being added on a new exchange, which actually Initiated this next romp that we're seeing right now and V Jane is an intrinsically valuable coin primarily in my opinion because of its team Understand that sunny loot here the chief executive offer the officer if we actually pull up his LinkedIn You can see here He's worked for over five years with Louis Vuitton in China as an executive and because of that Having a quarterback team having a team that can take you through the good and the bad times And my opinion is important you need somebody with credibility for the most part You know vitality buta in for example didn't have credibility when creating etherium But when we're in this early adopter phase past the innovator phases we talked about the yesterday's video It's more important to have individuals like sunny you lose credibility in a project for it to see any sort of speculative value because the specular value eventually turns into intrinsic value understand It's a very complex relationship when you're looking at intrinsic value speculated value the correlations in the differences intrinsic value can also Exceed speculative value, but it could also be the inverse That's why you want to be careful You want to look for coins that are at a good price level if you're gonna put in a position I think V chain is looking a little bit better than buy names being one of the top two crypto currencies of q1 of 2018 heading it to q2 Retain in my opinion might be the better bet at this point if we were to drop a Fibonacci retracement here Just to determine potential support and resistance levels we go to the top of this Candle wicks all the way to this bottom right here, actually

We'll go down to the only known bottom We have you can see we're finding some support right along the 023 and if we were to zoom in here on a 4-hour chart Being the fact that we're at these low Fibonacci levels in my opinion We're gonna be heading back towards these higher Fibonacci counts over time Past the point three eight past two point five especially because the whole overall market is down and in my opinion fitter drop another count Here with the Fibonacci retracement you see if we're to draw it out just from this zone right here It's also acting in a coordinates with that Fibonacci retracements support and resistance level and in my opinion Looking at the 1-day RSI as well being at these oversold levels This is really what I like to see when I'm putting in a position I like to see these significant sharp bounces at these oversold levels Which give you more it gives you confidence that this is oversold and we are seeing Buyers come into the market and there is strength and then looking at the MACD also in line with that exact correlation very different than Finance whereby Nant the finance corner was over stretched on the buyers side But this is being over stretch on the seller side and has just now seen this little Shift in direction and the MACD the moving average Convergence divergence is a little bit of a delayed indicator So this is a little bit, delayed That's why we've already seen price levels increase but in my opinion That's just the start to a coin like v chain So where is the best position in well if we were to pull out a closer chart here? We'll actually pull up a one-hour, and we'll look at a more closer view here in terms of Creating that entry point you can see we have this bull flag in my opinion forming here with support right around that 209 level here And we're looking at us Devaluation being that there is some pairings like that refining some known resistance levels right around Two dollars and 98 cents even a big even which is three dollars understand? You'll see resistance typically at these big evens like $3 $4 $5 especially with these lower Cap coins so now that we've found resistance right around that $3 ratio in my opinion Being the fact that we're in this channel now We can wait for this hour side to probably dip a little bit lower towards that 40 Typically you'll see RSI levels find support at 40 once They see some sort of exuberance like we saw here with the B chain So 40 would really be this level and in my opinion dollar-cost averaging up until around this level would be smart with V chain as it Starts to kind of come down finding a little bit of support here where we found previous support in my opinion This is a good entry point You can also set up some very very close stop losses there to ensure that you're safe And it's not going to see further loans and then one last technical indicator I'd like to show y'all is the Fibonacci retracement here here, just pull that up Right now to see where prices are at you can see how we're bouncing right on top of that point three eight right now About to breach the point five which is most likely going to take us all the way up to the point seven eight I think We'll see further resistance right over along this level here of three point two two which would be $322 and in my opinion along these levels would be good Dollar cost average out wait for another pullback and then continue to swing trade this on the way up And then you see this huge spike in volume awesome, right Yeah for sure the reason we see this is because it was just listed on the new exchange and with that being said I think that V Ching and BM B and the buy nance coin are Extremely good points to watch in 2018 I think V Chain is just in a better position right now for an entry point than the B&B coin is however The coin burn is coming up April 15th, so you never know BnB might skyrocket as well that's why I dollar-cost average when I'm taking my profits, but Hopefully y'all were able to make some profits with our finance coin Call early in March, but if not stay tuned er sniper soon You'll be sure to stay up to date with the current knowledge and information make sure to hit that subscribe button and a little notification Bell to make sure you're always up to date with that being said thank you all for watching until next time snipers out