Daily Update (12/20/18) | Bitcoin hits $4000 as FED raises interest rates




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33 Comments

  1. Hey Nick, could you do a video tutorial showing us how to long/short in traditional markets? Would be much appreciated, thanks!

  2. https://youtu.be/wupRfyMBcj0

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    Welcome game and app developers to join the MOL payment developer ecosystem.
    Mine for free on your phone! 8 to 10 per hour 24/7!
    Get 500 MOL (Red packet) when you join and mine tokens on your phone: send, sell, accumulate, and buy items (soon) in stores.
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    Facebook log-in support noted:
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  3. OK so something is happening with the crypto's. All of them are creeping up. I'm on Coinbase so I have limited access to the cryptos. I have had Bitcoin for years, bought in when it was $240 so I am very likely to never lose on that one. I also have Bitcoin Cash, Ethereum, Litecoin and something made me look at 0x last night. It's at 34-36 cents and like the others it's going up. I bought $200 worth which is roughly 544 coins. This is what I wish I would have done when Bitcoin was under a dollar. So maybe in 8-10 years 0X will be in the $2000 range…..wishful thinking….LOL.

    Anyway the one that is really making me scratch my head is Bitcoin Cash. BCH has gained like 165% in the last week so I had to buy more last night. I now have quite the crypto portfolio. Crossing my fingers we some gains in the near future like we did this time last year.

  4. The reason the central banks and cartels have prolonged the market correction for this long is because they needed time to set up the new digital system. If you think they haven't learned anything from 2008 you're wrong. This time they will have the systems in place for a new market. Digital currencies are here to stay. The bottom is going to fall out, a complete devaluation of physical fiat. It's not going to be just another recession. It will be the haves and the have nots. If you think that cryptos are free from manipulation you are mistaken. There is more manipulation in the digital space than there ever was in physical fiat. We will never have currencies that cannot be manipulated. Before physical fiat is devalued they will squeeze every drop of value from it by allowing people to buy into digital. I think we're seeing that happening now possibly. Once that transfer has run its course, hyperinflation will set in/physical fiat will devalue to zero. Nothing will change.. it's just a new system. The early adopters will be the most wealthy. That's it.

  5. Great analysis, Nick!
    Sure, Wall Street is starting to worry, but once these "investors" realise that the fall in the Stockmarket is NOT that dramatic yet, they will deflate the current cryptomarket volumes/rally and BTC will go backstage again. 🙂
    The hype is still very real, but this time it is not a Lambo-Moon dream, it is a Stock-Crash panic. So yes, short-term is definitely the way to go for most of the current players.

  6. look at hash rate and bitcoin price you will know where is the real mining cost .. 6k was still above.. 4k is probably still ok for the big miners – the ones that matter
    miners have no reason to pum t up to 6k.. 4,5k maybe.. 5k with some newbie enthusiasts.. maybe.. i dont think it will go above 5k.. i think sideways 4-4.5 for a while

  7. miners started loosing money so they pumped it up to make sure they make some small profit
    has nothing to do with the actual assets
    they will try to hold 4k the same way as they hold 6k. at some point they will need to keep buying just to keep the price afloat
    then at some pint it will crash bellow 3k. msrket dont bottom with pumps and dumps. markets bottom with a v shape or a fe wmore months of a bear market

  8. Only one sure thing in this space:
    – all the people who say that we will go lower, have missed the bottom
    – all the people who say the bull market has arrived, have bought a new bag recently or don't have fiat left.

    Anyway: ada will be 15 usd by the end of 2020

  9. I think we are headed for a currency crisis on a global scale, like never before. We have the most connected global economy, ALL FIAT, more debt, and printing, huge bubbles everywhere! It will come down, when? Who knows. But it is coming soon. Buy bitcoin and gold.

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