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Bitcoin Technical Analysis & Bitcoin News Today: I’ll talk about fractional reserve banking and the yellow vest movement. The french bank run is coming upI’ll give you my thoughts about it. I’ll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more!
0:41 Bitcoin Analysis
7:01 Dave Rubin & Bitcoin
8:52 Bitcoin Hodling
10:57 French Revolution
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This is why @jordanbpeterson and I are leaving Patreon and working on an alternative. It’s becoming clearer and clearer to me that crypto and decentralization will have to play a significant role. https://t.co/N7tcPuHUwO
— Dave Rubin (@RubinReport) January 10, 2019
50% of Bitcoin Supply Hasn’t Moved in a Year, 20% May Be Lost Forever
https://beincrypto.com/french-yellow-vest-movement-threatens-bank-run-highlights-bitcoin-as-alternative-currency/
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0:41 Bitcoin Analysis
7:01 Dave Rubin & Bitcoin
8:52 Bitcoin Hodling
10:57 French Revolution
☾ Support Me Via Affiliate Links:
◈ BitMEX Affiliate Link 10%: https://www.bitmex.com/register/NJu3r0
◈ Brave Browser: https://brave.com/the406
◈ Tradingview: https://tradingview.go2cloud.org/SH2gX
◈ Binance: https://www.binance.com/?ref=11069112
◈ Ledger Wallets: https://www.ledger.com?r=f988
◈ DxExchange: https://dx.exchange/?dx_cid=207
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☾ Community:
◈ Patreon Videos: https://www.patreon.com/themooncarl
◈ Discord: https://discord.gg/P5zPEAv
Thank you to my Gold Patrons:
?Sean Velasquez
?Andrei Neagu
?Debbie Schwan
?Renato Gioia
?Oscar Skoglund
?Bill LaPrise
I would leave patreon but if it loses you money thats up to you.
Yes. There is a platform called 'Dtube' or another one 'BitTube'. Do check it out.
its going to 1800
That's the hardest I've ever seen anyone try talk up the minority of positives LOL Keep rolling that rock up the hill.
Sorry Carl but you shouldnt be calling head and shoulders on dead volume.
Bitcoin moving sideways and downward in value, say bye bye to bitcoin in 2019!
Or don't hold more than the FDIC Insures ($250,000 per bank per user)
Nice cut carl!
The ending of the video was epic, when people say don't invest more in bitcoin than you can afford to lose, they don't really understand bitcoin. If you believe in bitcoin you will never put more in the bank than you can afford to lose because you're money isn't even actually there..
In France, it's not just the 70% that support the yellow vests that you have to worry about when it comes to a bank run…..it is also the other 30% that do not support the yellow vests that are going to be scared of this bank run and will withdraw their money before Saturdays rally.
fuck bitcoin u just a fucking nerd
Jordan Peterson uploaded all his videos to Bittube. Bittube is about to redesign their entire platform and it looks like it will be something A LOT of people are going to like.
Not gonna get better till manipulation is addressed and retail returns to the fold.
Hi Carl. Thanks as always for the great videos. What is up with the square (Bart Simpson) trading patterns. Is this evidence of price manipulation?
I stop using patreon a long time ago. They consider anybody who isn't on the extreme far left to be a nazi and try to block them. You should use Coil people can donate based on the amount of seconds they watch.
stop talking about yellow vest movment – it`s really nothing. What was the biggest demonstration ? 30- 50 k people and France population is 67 ml people !!! It`s nothing – drop in the sea ! Even if double amount of people 100 k even 300 k take they money from bank nobody will see it. And what yellow vest want – take from rich and give to the poor ???? This way leads nowhere!
If you take money from ATM nothing will happen. You will be just out of € notes. So the ATM will stop giving notes so the bank will not be worried. The ones to be worried will be the people following wanting to get notes from ATM afterwards and that's all. The real option to break the arms of the banks is to avoid them which means to use bitcoin instead of fiat.
Trailing Stop video – you promised Carl?
Hi Carl , just for the sake of things , is your house owned by the bank? , mine is for 98% , do we need to fear our homes?
See You GuYs… MOOOOOOON -orow
I think the address moving metric is not showing what they stipulate. Alt season is when the addresses become active as they need to send btc to shitcoin exchanges. The rest are keeping stuff on exchanges in fiat ready to buy in when the bottom is in. The bank run is a good idea in principle but the outcome will be that many of these yellow vest guys will lose money, the ones at the end of the line. The ones that lost their savings will not be buying btc.
Amazing finishing comment with not holding in the bank more than you can afford to lose. ?
Great review again this morning Carl. Thanks for all the analytics and thoughts about how the news can impact things. I'm still desperately trying to time a nice buy, hope we get a good indication about that soon.
Putin is buying 470 billion in Bitcoin
Love the attention your bringing to the Yellow Vest movement in France, socialism is no way to prosper. Keep up the good work, Carl. Censorship on patreon/other platforms are rampant. They literally want everyone to conform to their opinions and biases and stop having people think for themselves.. really scary.
I’m looking forward to that tightening range.
spot on Carl! Down with the banks!
Chinese New Year slump???
Saturday and Sunday Banks are closed in Europe.
Even they expect a legit bank run, they would be ready.
Karl watch out if you get too political You!ube will ban you bro.
bit tube and dtube
BitTube.
Check out Bitube Carl ….. Top man thanks 🙂
Great questions about the social unrest in France, Carl. Here's my 2 Satoshi's worth on the subject. It is highly probable that if there is any run on the banks in France that actually threatens any bank's existence, they will simply close for business that day and until the unrest dies down. They're not going to let a group of upset people run them out of business just like that. And remember, as much as some people may not like fractional reserve banking, it is the way that many people get access to funds to buy things they could otherwise not afford. So obviously it has pros and cons. Is the bank responsible for most people choosing to participate in the dumb money side of the equation? Maybe partly. Maybe even mostly. But not entirely. So yes, it seems highly immoral to the economically enlightened, but it's the solution that most people support with their fiat wallets, to date. Should it be corrected? Sure, but a run on the banks is not the way. All that does is harm regular people who depend on their fractional reserve banking system accounts to operate nominally, at least until they can onramp to a better solution without having to think much about how it is done.
Leave and go to BitTube platform. It's on CMC.
dont hold more money at the bank than what you can afford to loss…i love tha phrase…is a pain in the ass but i am unbanked 🙂
Let's just fuck about it !!!
Banking system seems even worse when you see how much interest they give us back on our money. Talk about a ponzi scheme huh
That microphone wire with your collar looks like a trachea tube
Make Bitcoin your private bank…after it crashes.
I should definitely do what!?!?
I watch every day, and every day I'm like, "what did he say?"
Wow Carl, thumbs up!!!
very very good especially the 2. Part of the video.
The news and your explanations in the second Part are very very nice….. please keep on going 🙂
Much greetings from Germany
I think you should get off patreon and get back to The Boy Scouts it’s not too late
Great haircut!
Dave Rubin is an actual hack, all there libertarians are idiots, i hold all my money under my bed idiots, been at my bank for 40 years never a single issue, fools put it all into bitcoin and see it disappear