Bitcoin FALLING!! Support? | Why I SUPPORT The French Bank Run!! | Yellow Vests Vs. Banks




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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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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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About the Author: The Moon

46 Comments

  1. PRE-ORDER Ledger NANO X: https://www.ledger.com?r=f988
    BitMEX 10%: https://www.bitmex.com/register/NJu3r0
    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
    ◈ Coinbase Get $10 Free: https://www.coinbase.com/join/59d6a65d6b0de701316e0d81

    ☾ 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

  2. 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..

  3. 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.

  4. 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.

  5. 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.

  6. 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!

  7. 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.

  8. 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.

  9. 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.

  10. 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.

  11. 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.

  12. 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

  13. 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

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