what's going on guys Patrick here bringing you a brand new videotape we've
got another killer video for you guys full of information today I'm gonna be
talking about the first trillion-dollar cryptocurrency we're also gonna be
looking at ripple Tron waves and tons of other news that went on indeed
cryptocurrency space but guys before we get started with that if you want to
enter a chance to win some free Bitcoin all you guys have to do is number one be
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or maybe you don't know how to do technical analysis well make sure you
check out the first link in the description and in the comments for the
cryptocurrency trade alerts group so far lots of money has been made seeing some
great results and having some great testimonials from people I love seeing
people make money and I'm glad that I can help basically helping those who
don't have time or don't have the knowledge on technical analysis to make
more educated trade so if that sounds interesting to you make sure you do
check out the first link in the comments and in the description well the first
piece of news I have is about Costa Rica so Costa Rican workers can be legally
paid in cryptocurrency so employees in Costa Rica can receive part of their
salary in cryptocurrency and that wouldn't be against the law certain
provisions in the national legislation allow companies to pay their workers not
only with fiat money but also with goods and some legal experts believe cryptos
can fit in this category so very interesting to see now I guess there
wasn't any it wasn't any new thing that allowed them to be paid in
cryptocurrency was more of cryptocurrencies falling under the
partial payment with goods so I personally I think that's a great thing
I think building a salary in cryptocurrency building an investment
portfolio and cryptocurrency accepting part of your actual salary in crypto
currency could be really cool and I want to know what you guys thought of that
would you accept part of your salary in cryptocurrency if you were offered that
up to that scenario so guys let me know that in the comments right now leave a
comment telling me if you would or if you would not accept part of your
salary in cryptocurrency now if I worked for a company I honestly would because
you see a lot of people in companies you know they get partial stocks partial
auctions whatever it may be but no one really accepts cryptocurrency and it is
another form of building an investment portfolio now riskier one but being a
twenty-one years old I have no problem people playing it riskier so I
definitely would accept part of my salary and cryptocurrency I think that
could be a really good thing and in certain countries I think accepting
cryptic as we've seen mining cryptocurrency is for even ones that
aren't worth a lot to mine in the US or in the UK we've seen other countries and
people in other countries actually really benefit from this so overall I
think this is a very good it's a very good situation as long as people can
actually still receive part of their salary in Fiat so they can go ahead and
purchase their day to day things because I don't know how that works in Costa
Rica but in the u.s. I wouldn't be able to go to the supermarket and spend
Bitcoin or aetherium whatever I got paid and so they were definitely still have
to be a partial fiat payment in that sense next up talking about the first
trillion-dollar cryptocurrency so Charles hoskinson's he thinks that card
Donal is going to be it now he is a little biased given that he is the CEO
of IO HK and he's the co-founder of Cardinal
but this did kind of spark my interest in figuring out which cryptocurrency
I think is gonna be the first trillion-dollar cryptocurrency now
before I go into my opinion I would love to hear what you guys have to say about
this as well so let me know the comments right now as well which cryptocurrency
do you think is going to be the first to reach a trillion dollars in market cap
well I was thinking about this and I think I'm gonna have to go with a boring
answer I think it's going to be Bitcoin reason being we have Bitcoin ETS coming
out if we talk about the New York Stock Exchange the nasdaq listing Bitcoin
everyone is looking at - Bitcoin as the sort of the grand cryptocurrency the one
that's on top right now the one that everyone talks about it gets the most
media attention everyone is always talking about bitcoins so I think when
we get a lot more money coming and we get institutional investors it I think
the main target the main place they're going to go is going to be Bitcoin I
don't think that's a bad move honestly I think Vic was
continue to improve the lightening network is gonna help with some with
some microtransactions we're gonna talk about that in just a little bit but
overall very boring answer i think bitcoin is going to be the first
trillion-dollar cryptocurrency but i can't wait to read the comments and see
what you guys think which cryptocurrency you guys think will
be the first trillion-dollar cryptocurrency moving on like i said
talking about bitcoin continuing to improve while china's crypto
millionaires are using bitcoin to buy real estate abroad so this is really
cool and i don't see i think there's an actual reason to use bitcoin i think
there's a very good case to use bitcoin right now and although bitcoin is a per
isn't perfect for micro transactions like i said before it is continuing to
improve it's continuing to get better and better than i think in time we're
going to see a huge evolution in bitcoin being better for micro transactions but
so far i've heard of people buying real estate with cryptocurrency it makes it
easier the transaction is a lot faster you don't have to wire money and this
isn't the only use case for it so i was listening to someone talk and this was a
speaker his name's neil patel actually a very oblique is a pretty big speaker and
he was all he was asked he was invited or he was hired to speak somewhere and
he has his feet and they tried wiring him over the feet several times for it
was obviously in different countries and they tried to wire the fee over to him
several times and they had no success it kept failing for different reasons and
it was making it very very difficult well they then asked him would you be
willing to accept cryptocurrency and since he thought bic one was cool he
wanted to build his Bitcoin portfolio he said sure I would be more than happy to
accept it in Bitcoin and within minutes and within minutes guys he then had his
Bitcoin in his wallet and everything was good to go so that just shows the stress
the time everything was minimized by using cryptocurrency and I think it's
that's going to continue to happen we're seeing it again with real a buying real
estate it makes it a lot easier the transactions are instant everything
works better so I'm not can't say I'm surprised we've seen people buy houses
we've seen people buying the exotic cars Lambos Rolls Royces
continuing to buy more and more of these expensive things I don't think that's
going to change I think especially if people make you know everyone's talking
about the moon Lambo well I'm when everyone can afford a Lambo there's
going to be a lot more Lamborghini purchases with cryptocurrency as well
but moving on let's talk a little bit about the market so 286 billion dollars
in market cap Bitcoin dominance continued to climb at 46.1% well Bitcoin
is going up wall of law a lot of all coins are taking a hit and I'm not gonna
go into too much details to why that is we talked about that in several previous
videos I do always mention that people are looking to Bitcoin to have a run of
people expecting Bitcoin to have a run up if the ETF's come out and everything
so a lot of people I believe are selling their all coin positions to put more
money into Bitcoin now I like to be diversified I have I have my Bitcoin
holdings I have my etherium holdings and you guys saw the video I made about how
I would break down a portfolio that's basically how my portfolio is set up
right now not those cryptocurrencies in particular not only those but it is the
same structure breakdown of my portfolio I have some of my holdings that I don't
touch and I have my O'Quinn holdings as well this is some of them are for the
long run which I don't touch either and then I have some that I use for the day
trading or the trading that I that's gonna help me accumulate more and more
Bitcoin in the future again if you're interested in that make sure you check
out the cryptocurrency trade alerts group constantly making money on they're
making some cryptocurrency gains so that we can have more Bitcoin at the end sort
of trading it back to Bitcoin so we can grow our holdings in Bitcoin so again if
that sounds interesting to you guys don't miss out on the opportunity before
I do close the group well now let's take a look at some of the big mover so
hollow is up 54 0.91% don't know exactly why that is not rhodium is also having a
huge pump right here not gonna comment on something I don't know I don't know
why it is up 14% drop bill is up 12% GX chain a lot of cryptocurrencies are up
but again I believe there is more in the rent if we keep scrolling here it is
there seems to be more in the red now I don't think it's more by to much I think
it's a pretty even breakdown of the all coins moving sideways while Bitcoin did
break the $7,500 resistance and was moving up to to try and break the next
resistant now it looks like it's taken a little bit of a halt sort of trading
sideways up there trying to break the next
resistance as well I'm fine we're not having a huge parabolic run
I'd prefer seeing slow incremental growth as we continue to grow but now
let's talk about ripple because I do have some interesting news about ripple
well wise ratings they actually created a pole for which cryptocurrency is best
for moving funds between exchanges and 78% of people guys 78% of people said
ripples XRP then 8% said aetherium 6% said big coin and 8% said others so
apparently XRP is the best token to move between exchanges and they want by a
landslide so you know what I haven't tested everything out with numbers and
you know figuring out which one's the fastest which one's the best but I'm
gonna trust 78% of people now I know when people started buying on coin based
a lot of people would buy Bitcoin first all the way back when I bought my first
big coin I bought Bitcoin on coin base and then as things moved on people
started to buy and start to buy light coin on coin basis then trade out
because it was faster it was easier the fees were less especially when we
started having the all coin run the fees for Bitcoin got a little high so people
started using light coin apparently um apparently XRP would be even better now
XRP is not listed on coin base at least not yet we haven't heard of any plans
for them to do that but if it does get listed there I expect a lot of people to
they're there for use X RP by x RP transfer that over to exchanges since a
lot of people are very all since a lot of people believe it is the best for
moving funds between exchanges so something to keep in mind in case you
guys were interested I get a lot of questions asking me Patrick which
cryptocurrency is best to have which cryptocurrency is best to move between
exchanges to transfer money from one exchange to the other well 78% of people
said well said said to use X RP and I'm not going to disagree with 78% of people
that's a lot of people now moving on talking about Tron well Tron as a secret
project that's going to be revealed on the 30th of July and apparently this is
a substantial date in the growth of the TRX currencies so I'm very curious to
see what this is some people are speculating is gonna have to do with
BitTorrent other people think that they're they're gonna try and keep
BitTorrent completely separate but I'm very curious to see
what is maybe they're gonna show us what the plan was
with the BitTorrent acquisition maybe like the reasoning behind it what their
thought process well what their plan is still there's no real news for it I just
wanted to share with you guys that it is coming out I wanted to hear if you guys
had any insider information if you guys know what's going on again leave it in
the comments I'd love to read what your guys thoughts are but coming July 30th I
will share what actually happens hopefully this isn't a hype thing we've
seen a lot of cryptocurrencies do this a lot of all coins do this where they hype
a big project they hype a big release and then it ends up being something
decent and then everyone gets everyone gets upset because it wasn't as great as
they hyped it up to be and then things don't go well we've seen that happen
countless times not to name any alt coins in particular verge right they see
this happen countless times and it always ends up being a bad move now
lastly I want to talk about waves one that I don't talk about much on the
channel but they did have a huge updates of the new decks launched huge huge news
waves when waves decentralized exchange has undergone a major redesign and UI
update making it more user-friendly and professional-looking than ever before so
you guys can see the new launch they actually have a before and after that
I'll show you in just a bit but then some of the main highlights from the new
decks are the completely new UI in line with the top professional platforms and
improved app stability and performance by moving to custom-built data
infrastructure and API now I think decentralized exchanges do have a place
in the future it's going to be who does it best again there are several this
isn't of the only project doing it there are several decentralized exchanges out
there but I think moving for we're gonna see that happen more and more going to
see it III think we're gonna see decentralized exchanges picking up more
and more traction now there are other projects still trying to achieve
cutting-edge front functionality they do acknowledge that here are some of the
reasons they say you should be using waves as decks you should only use the
waves decks while decentralized and anonymous and so no middleman or a
difficult or difficult registration Pro procedures funds are stored safely in
your wallet not on the exchange real liquidity so over six point three
million dollars on average 24-hour volume insanely low fees of less than
one seneschal 0.003 waves per order fast and secure unlimited withdrawal limits
for crypto issue a token and see it on decks straight away so you can actually
create your own token on their trading of any pairs easy and flexible search
for a given pair from hundreds of thousands of possibilities
multiple feel and crypto gateways so BTC BCH aetherium several others available
for any device so it does you can use text within your browser or in a
stand-alone or mobile version so they do have a download they do have the online
version they have the mobile version as well
maggots can look at more of the my list so with a new watchlist feature you can
find any pair your incident quickly and easily here's a full a full rundown of
the watchlist and this is what I mentioned the before and after that you
guys can see before is what we have on the left and afters what we have on the
right honestly the right looks significantly better even if it's just
small differences overall it does play an aesthetic role I think having having
the colors on the percentages is a great addition it does just help make
everything pretty to look at which although it seems like a small thing it
does help them in the longer doesn't make helps with a doctor it's crazy but
small features small things like that do actually play a big role so the order
book what's new highlighting from a four-volume of a submitted of a
submitted order users orders are highlighted in the list of all orders
and returning to the center allows comfortable viewing of order lists after
scrolling again before and after small changes but they look big that's the
thing the things they added are small but the change is insane and there's a
huge amount of change in there too so open orders order submission you guys
can go ahead and read their medium article to figure out everything there
is going on about it but lots of news coming out for it again a lot a lot of
new things and in the conclusion we hope you'll agree that the most recent set of
updates brings the wave decks into line with you with the user
experiences of the most popular crypto exchanges so the only way to actually
figure that out is to give it a test so if you guys are interested in me using
this may be figuring out more about it then let me know down below in the
comments and that sounds like something interesting to you but other than that
guys if you did enjoy this video don't forget to give the video a thumbs up
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watching I'll see you guys tomorrow for another video
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