Why Is Bitcoin Pumping This Year? I Think This Is Just The Beginning.

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NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim
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$150 Million New USDT Tether Printed: What Does It Mean?
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LedgerX Unveils $100,000 Bitcoin Call Option for Retail Investors

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Coinbase shuts down the Coinbase Bundle product
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Binance Unknowingly Earns Staking Rewards of Stellar, Adds Support
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25 COMMENTS

  1. option 4- most likely scenario. all the whales who sold the top of the dec 2017 bull run reentered the bottom of the bear. plain and simple. Your 1st two options are slightly the case as well. but option 3 I would think that most big institutions had been accumulating through OTC purchases. All in all, I don't think a lot of "new" money entered into the cryptosphere. Simply old players intelligently reacquiring new positions.

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  3. I think as long as tether continues to increase their reserve then it's okay for them to mint more coinage. However, I dont think they are 1:1 backed.

  4. Couldnt agree more. I also think, the so called SMART MONEY (or the retail whales) is soon going to feel a paradigm shift, when institutional players bring them fear for the first time since bitcoin’s inception.

    Plus i guess 2019-2021 as u said previously is much different from 2017. Back then when the bear market started, there were not enough news lined up to prevent the fall.

    Now there seem to be many, Litecoin halving, insititutional adoption news, libra chaos, politicians hating and liking it (both favors btc i suppose) and soon when things will seem bearish, there is bakkt coming in, followed by proof of keys movement finally catalysed by the bitcoin halving.

    This put all together conservatively speaking should at least let us be in the rainbow chart which means as of coming month we arent seeing btc ever go less than 5.5k. Definitely a signal to cost average before its too late, rather than trading the market as an average retail investor. 🙂

  5. Look, the price of Telegram coins is about 1:45 dollars now! After floatation the price will shoot up for 5-10 dollars at once. This is a really sensational project, I advise to buy coins while the going is good on infotelegram. pro

  6. Excellent insight and analysis. This was a good one.

    We would all benefit for some clarity on the "USDT-manipulation" claim –

    Since we know OTC $BTC trades at a premium, it's not clear how OTC trading affects the $BTC price action on the exchanges. In short, does increase in OTC $BTC demand trigger USDT minting that hits the exchanges OR does increase in USDT minting yield increased supply to meet OTC $BTC demand. (Which comes first?)

    IOW, does USDT themselves buy $BTC on the exchanges to increase their own supply and to sell on the OTC markets (they are simply meeting demand). If this is not the case, then how does the minting of USDT relate to supply and demand and how would that affect $BTC price action on the exchanges?

    If this question is unclear… than I would understand. It is difficult to articulate the issue. Simply put, what is the purpose of minting more $USDT as it relates to supply and price action on OTC and exchange markets?

    Thanks again for the good video!

  7. There will always be money to be made with bitcoin, but that will, and is, slowly diminishing as time passes. Now that the crypto market is a little more mature (relatively speaking) and altcoins are no longer following the trend of Bitcoin as it fluctuates (XRP right now, is below what it was when Bitcoin was at $3000) I think the biggest rewards now will come from coins that have solid fundamentals, and importantly adoption or the likelihood of it, NOT JUST HYPE. So I think now the race will be won by those most thoughtful. Choose your investments wisely.

  8. Hi Aaron great videos, wanted to know what you think of my hodl position i have been in since 4200 odd. The only thing is that i got in for very little money and only really put more money in to it at about 7300 odd.
    So not the best buys. I mean i hear of people that were in at 3k and of course the earlier guys from years ago.
    I was almost completed squashed in 2017. completely heart broken.

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