How soon is it gon na come, and what about the all coins that have been doing really well well, let's have a good discussion about these things today, Music, welcome to today's Victorian cryptocurrency news. I am George, it is January 29th. The month is almost over. Women got a few more days until until February this month has flew by 2020 is definitely in full swing and Bitcoin is definitely doing good, definitely doing good, and this is kind of expected as we're moving towards me. Moving towards a having event and beyond good things are going to come. Alright, thanks for tuning in guys make sure you hit the like subscribe to the channel. If you haven't already and let's get started, I do have a lot of a lot of things. I want to share about Bitcoin also. I got a lot of news about all coins. Some of the ones that's been pumping up a lot. I know all some of you guys may be wondering about them. So I'm gon na talk about them as well. Alright, so Bitcoin took a little breather today, but over the course of the last week few weeks, nothing but up – and you could see where we're kind of in this upwards channel remember. We used to be in a huge downward channel. Okay, now we're forming a small mini upwards channel, which is good because this is kind of predictable, and I said that over the last few sessions, where you know during times where there's growth and slow steady growth it's pretty easy to see.
Some of these points, where Bitcoin will top out at where it's go but I'm out at right, and you could kind of see that right now, because we're in here so stochastic RSI, I mentioned every time it goes up right, that's when ship is coming that's, usually When Bitcoin takes a breather when it bottoms like this same thing, momentum ship is about to come, and you know last Friday and over the weekend I said you know what bitcoin was on a downtrend once we hit here, probably going reverse and go up and that's Exactly what happened yesterday and today and we've been seeing some tremendous gains. We went from 8300 all the way up as high as basing 9500 before coming down, but still 90 300. This is a pretty good spot. So 10k is 10k around the corner. Yeah we're only 700 points. We could get 10k like ended today, but we see another. We see another pump but going into going into Friday, and this weekend I think it's coming really soon, but it does look like Bitcoin needs to take a breather. We'Ve been going up and up and up this is just on a daily chart. But if you look at some of the like the four hour chart, it does show that things are coming down. For example, even though stochastic are sides going up, you see, RSI has topped out right Tata right here, that's why I started going down a little bit, but if you go to a four hour same thing, things were really high, really really high.
You can see our size above 70s it's coming down a little bit, but it's still very high MACD is starting to go down and the stochastic RSI is still going down, is not bottom yet so on the 4 hour chart, I think there's more of a short Term indicator of what may happen with Bitcoin, which means that maybe maybe for another, you know, maybe for another day half day we see some weakness or just no movement and then afterwards we can see Bitcoin continue its uptrend and do this and probably probably hit 10000. The top of the channel within the next few days by Friday, I would say, and then they'll be interesting to see what happens. Do we break through this or do we come back down and take a bigger breather which, on a day, chart looks like may happen because RSI is really high? So if I had to speculate at this point based on based on these indicators, I would say Bitcoin is go, take a breather, maybe for a half day or so get ready to hit the top of the channel 10k. That will be. That will be the true sign of I mean after that. It'Ll be a true sign. Let'S go happen. We gon na break out of it and start going off to the 11000 12000 14000, which will comment right. You know right before to having event or are we gon na, take a breather, but you eventually get there at the having event so we'll just see we'll see we don't have to wait much longer, so L overall Bitcoin is doing well.
Of course, when Bitcoin does well, everything else does well. Bb'S diamond is sixty six point four percent, but you could see a lot of these. All coins are in green and very green over the past few weeks, some of these, like ether named classic, has gone up. Hundreds of percent within a few months, it's kind of amazing cardano's, been up because of what's been said recently. So I'm gon na cover those in a little bit. So all coins are certainly doing well, but not every all coin, because if every all coin was doing well, bdd Dominus will be dropping like mad going below sixty percent. It hasn't it's really been stuck between this 65 67 percent for a while. So you do have a few all coins that is gaining, but other all coins are straining, which is why BTC dominance is pretty much the same as before. Alright, now let's get to the news so corny and Queen dusk bitcoins performance, this January, which is coming too and pretty soon, is one of the best ever since 2012, so 2012 January 16 percent gains 2013, almost 55 percent gains than 10, and these are all negative, Surprising, even in 2017, the year that it went up crazy from 1200 to 20000, Jan, where performance is actually negative that year interesting, but this year, we're off to a bang 30, and this is probably gon na increase. If we do hit say 10000 by then in a week right before February, we can see this Jana being the best gaining Jan aware of all time.
We could certainly be past 55, and that is very, very positive, very positive. Indeed, all right so Ripple endless endless news about ripples so that this whole thing that Brad started it's not going away. These Brad said that ripple is gold. Try to do an IPO this year, you kind of said well, we're, not gon na, be the first we're gon na see other people do it, but I'm, honestly thinking they're, probably gon na, be the first because they're their most qualifying suited to go IPO and people Are speculating what's gon na happen once they do? We know we know that ripples performance has not been. I mean XR pees performance has not been good. I will bring up coin codex, which I haven't done in a while one year. Performance for XRP is down 23. One year – and this is come, if you compare that to Bitcoin 161, you mean thorium 55, like quantity, 4, BampB, 100, 0 by holding X R P. Basically, you have never come out of. You have never come out of crypto winter. It just keeps going down and down and down and down and it's it's it's it's sad to be XRP, holder, that's that's, the bottom line, so people are speculating once you have shares into the company. Well that mean XRP get dumped even more, I mean. Are any holders go hold it for a speculative play anymore when you could buy shares in a company actually have true voting rights into the company, and those shares are based on profits.
We know ripple has a lot of profits when they sell XRP. They make a lot of money because they have a ton of X or P on hand, even though they say they don't operate on those sales, but it's still a lot of a lot of selling going on a lot of money being transferred to ripple. So if you can make money off of shares based on ripples, profits, that seems to be a smarter play right, so does that mean everyone's go dump x, RP and x RP truly become a utility Krypto right. That makes sense. We don't know yet, but I would if I had to guess I would say that's true that if, if ripple actually came o shares, XRP selling pressure will probably increase. So we will have to see we will have to see. But this is there's a ton of news stories about this. Everyone speculate, what's gon na happen with x RP. If they go IPO and as it's it's, I think it's coming, I think rippled for sure makes a whole lot of sense for them to do IPO because they they've been raising money. They raised two hundred million not too long ago, and they want to expand. They are truly trying to become an enterprise company and there's, nothing wrong with that. They want to become a large basic financial institution because that's what they're in that's the game they're in, not to say they're, trying to become a bank or try and become you know, PayPal they're trying to be.
You know a service, a crypto service that allows companies to send money to each other cross border payments in a cheap fashion and and that's a that's, a good company to be investing in but XRP. Is it good to be investing in that and holding that I don't know I don't know anymore. I don't know anymore. I still like I still like ripple, but I don't know about holding a tax RP anymore. Alright, no one called Raj of your Bitcoin Jesus anymore. Basica he lost basically his credibility, mom bitcoiners, but but maybe he's starting to come around because recently Bitcoin cash. They proposed – or at least a group proposed that they should implement. A new fork will basically take out twelve and a half percent of the block rewards and make it go into some company and that companies go sell it and pay for development efforts and there's a lot of people that do not like this idea, because it makes It more centralized and it makes it harder it makes it harder to basically find a value prop for BC BC. H, because now miners are gon na reward it even less than they were before and Roger beer, the biggest you know, one of the biggest guys in the game. He hit a chain of mine because before whenever he has a point, he would Basie never back down right. He and Juwan rule abit main base a caused. This contentious four to have Bitcoin cash.
You know create out of thin air, basically right, big money grab, but now now because of how weak Bitcoin cash is he realizes if he himself causes another contentious fork? That would be a disaster for bitcoin cash? He has to preserve the coins that he has right. He doesn't want to to have them all dumped, so basically, he said that he will not – or at least bitcoin calm and Bitcoin calm. Poles will not go through with any supporting plan unless there's agreement in the ecosystem, which means that he is not gon na force. Another contentious fork, which means that bitcoin cash will operate as it is now, which i think is a good thing cuz. We all know what happened when him and his best bud before Craig Wright got in a fight and how bad that got and – and I think he doesn't want another one of those situations to arise so so good for him good for him, I'm still waiting for The day that he just gives up on Bitcoin cash and comes back to Bitcoin I'm still waiting for that day, he Roger Ebert did a lot for community he's, still expert debater, but he's just debating for the wrong side. I mean Bitcoin cash is his knuckle, go anywhere, it's, not it's, never gon na be better than Bitcoin and and it's, always gon na be a copy simple, as that. Alright, a month after launch, backs Bitcoin options, volume or lackluster kind of like their futures volume right.
It takes time it takes time to build up now. Some still argue these things, these derivative products are bad thing and they could be, but I think it's a little early to tell, because bitcoin is still on the way up. People argue that future and an option, and so forth only decrease the price. Well, that was the case, then pick hole and never recover right. It is on this way up. We have seen 14000 before this year right, it is on the uptrend. So I think, when formal hits these kinda rivets will only will only help bring in more money. Specifically, I apologize. Is there a impersonator that can't be crypto zombie, yeah? Okay, sorry about that, but yeah I think specifically, this is gon na bring in this go, bring big money from from institutional investors, and I think that's goal be basically dumping gasoline on on a campfire once foam will really start. So I think these are good in terms of bring new money. Only time will tell maybe I'm wrong, but we will see we will see into this next bull run. If we start going up even faster and higher than anyone ever anticipated, then you can make an argument that these kind of derivatives did help did help all right. All right, let's talk about some all coins, because there are some all coins out there. They are moving. Quite quite nicely, one of them being a therm classic now, I'm.
Still in the stance where I don't believe there's any good future for youth in classic or even a thorium for that matter. But I will say that you tharam classic, has made some big moves within the last few months and they are even higher now than Tron. They are number 11 they're closing in and card on, oh and you therm classic, can once again be in the top 10, which I thought would never ever ever happen anymore, because once it lost out it kept dropping and dropping and draw, and I thought that there's Basically, no use case for you throw in classic anymore and they're still really isn't, but I think the ether in classic team realized that you know what we need to have a future. We shouldn't have this contention with the sister product, the thorium and they're. Basically, exactly the same thing: tharam is doing their thing, trying to move to proof of stake to they're. Still you throwing them to, I should say and proof of stake, but they do have a large community base and thigh five products are very hot and most of them Ron ie, thirty them. So you therm classic recently, did a hard fork to basically whatever code ie thorium had the constant opal code and all that stuff. They basically implemented interim classic, which means that there's still compatibility between the two chains, which means that if there is a company adapt coming out there or new developers, that's programming for a thorium, they could easily port that to you, tharam classic and just have the product Run on both chains, so that is what people are excited about, that Ethernet classic, basically can get all the daffs, and that makers and support that you tharam has, and it kind of moves to you therm classic.
So I guess this is why a lot of people are excited about it, because there is a new use case for it, because for a long time, interim classic wanting to just stick with being our currency, they said, let you throw them, be a smart contracts platform And we'll stick with being currency. That mentality has changed where they kind of want to do both and they won't have a future. But the thing is both: these tournaments are in classic I'm, not sure what they're gon na be doing. B'S, heathyr name is still moving a third 2.0 truly tharam 2.0, a new true blockchain that could scale Ethernet as it is now and moving to proof of stake and plasma and imitation that's, not truly throne 2.0, so I don't know what's gon na happen right. So I don't know if this moves really helps either in classic or not, but at least it helps its price. So we'll see we'll, see what's gon na happen 2020. Will you thorium? Have a big recovery along with bitcoins rise? We third in classic continue to move in top 10, maybe maybe because, if a lot of investors kind of like Bitcoin and Bitcoin cash, think about it right when big ones going up become on cash. They'Re going up like crazy, because people are like oh there's, something else called called Bitcoin cash it's much cheaper than Bitcoin, so let's invest in that, because it's probably the same right so it's kind of its kind of we gon na be the same thing with you.
Thorium if you therm, starts going out in a big way. People are like say: oh there's, something call Uther in classic, so let's invest more money in that because it's cheaper. So it could have a good bum because of that all right. Moving on from ether in classic, you have chain link now this was already mentioned before this was old news, but channeling partnered up with an icon or icon part of a chain link, and I expect more announcements to be announced like this I mean chain link, is Oracle second layer solution that could pretty much hook up with any protocol out there right so icon, Neel 3.0 is go hook up with them waves, the thorium who knows Tron card. I know all these guys if they haven't built their own Oracle, which allows them to grab data and communicate with non blockchain sources. Most likely they go partner up with chain link, so it's not gon na be too hard to do so so chain link will only grow in this space. I think now, in terms of I con I don't know, there are priors kind of halted, they're still making strides in South Korea, but not a lot of people outside of South Korea is paying attention to them. But I think this would be good for chain link, which is why they're still very strong they're, almost at 3 once again – and I do think chain link – is really really in a strong position.
Now I've always said this: whether or not a work called blockchain is really worth 1 billion dollars in the real world, probably not, but in a crypto world. Probably yes can I move up. Yes, definitely, I could definitely see Thor in classic going woman to the top 10 Kenny chain link follow in his footsteps. I could definitely see chain link moving up and becoming number 11 10. You know I could definitely see that now. Obviously, there's a big jump from number ten to nine and eight right, but I would love love to see love to see everything else increase. So tether drops out of ten and I would love to see Bitcoin. I see as we drop out because it's just a total shit coin and I would love to see pick one cash drop out too, so you could have some of these other big protocol coins actually moving in top ten, so that's. What I'm waiting for all right and then, of course, cardano's up in a big way too and and and that's, because Charles basically said he's trying to do an invocation play. It makes more sense for him and it makes more sense, for I guess the community. But a merggle IOH, Kay and Cardinal foundation. Basically their goal. Try to try to. I don't know group together and they bring in PwC, which is one of the big four auditors, and that PwC does allowed blockchain and consulting and so forth right and it basically trying to commercialize Cardinal because they feel like they're, getting ready they're getting ready to deploy.
This thing, and and they want to sell it – basically they want – they want enterprise companies to actually buy into card. Ah, no and – and I guess you know – emergo IOH can car down on foundation they're, just three support groups, they're gon na be help Consulting and so forth right. So a lot of people are very excited about the commercial applications of card. Ah, no you know let's not forget. Pwc does also work with one other company v chain and I'm gon na get to that in a little bit. But PwC is in you know, they're they're blocking division is it's, pretty big. I don't know. I mean this is a good thing for Cardinal, but first of all, they need to finish okay, they need to finish the whole thing before they can start selling it, but I think this is kind of moving in the way of kind of like ripple where they're Gon na start concentrating once they're done: they're gon na start constant profits, actually real profits right, so that could be a very positive of have a very positive effect on a declines he's right now, right now, every single, I should say every 99.9 of the crypto out There is based on a speculum trade that's. It it's not based on earnings profit, nothing like that even ripple which has quarterly results and stuff like that. But no one cares because people, just you know, keep selling XRP and ripple.
Does too right so, but if they had shares there'll be a different story, Cardinals kind of going that direction. I think they're trying to commercialize make some money and prove that there is value for a de or maybe they will do IPO. I don't I don't know, but this is the reason why Cardinals going up, but I think right now, everyone's just waiting for it to be complete, that is it Jake I'm glad you like my new Twitter handle. I think some people didn't like it or don't like it all right. Lastly, chain News – is there any? The only thing I found is me chain 2.0 and decentralize finance those subs defy. I pardon me, I always say dive. I defy the centralized finance is getting so hot me chain wants to get in the game. Of course they already have the blockchain working they're already working with the multiple multiple enterprise companies, specifically in China, but they also want to get into that game. So V chain is is outlining how they're go? Do that and they're actually going to develop a few things you go develop number of fiat backed stable coins that can that can be living on top of a settlement layer, so that's number one they go! Try to create a data, storage layer, that's number two and development of enterprise, financial solutions through their platform, so basically they want at all they want to. They want to broaden, be change, scope and that's that's very positive, and I found this article bobby chains sunny sunny and lose he's the CEO.
You know this article is about like why bitcoin is banned from China. Why blockchain is so endorsed and all this stuff right? But basically to hone in on this part, he was saying that president disease, you know blotching announcement – was a huge boost for be chain and he's like confidence in an entire block chain. Industry went up. This will confirm the weeks following the speech of 1 billion dollar companies began approaching betaine about potential collaborations, so this is why I'm saying China likes to cater their own companies. Ok, this is how it's always worked, which is why Facebook is banned. Snapchat is banned, Twitter's banned, Google is banned. All these things are banned in favor of their own companies. They want to nurture their own companies. They have enough people that, while we're billing people to nurture them so it's more than enough. This is why I think China going into blockchain is such a big thing, because the leaders in the blockchain world that's out of China, they're gon na get huge boost, so maybe maybe not so much for the price just yet, but trust me behind the scenes. A lot of things is going on right now that one of the reasons why I love me change so that's also very positive, all right that's, pretty much it a lot of a lot of good all coins. I guess making good moves, but can they hold? Bitcoin? Is still on a tear and usually when Bitcoin goes on, a tear.
I'Ll point ran out right, but right now it seems like there's, certain all coins that's moving in tandem or moving faster than Bitcoin, but well that hold once Bitcoin starts. Full moving up will hold time will tell alright let's let's. Do some QampA thanks for tuning in bride. You Justin come on. What kind of question is that Alice? I changed my twitter handle a long time ago. Man, you must not follow me on Twitter. Mr. Knowles. Deep, I like that, do you believe BIC be cash, can overtake XRP? Actually, honestly, yes, XRP has been doing nothing but but been in a downward spiral for the last two and a half going on three years and if it continues to stay weak and Bitcoin cash. Still, you know gains momentum, because the overall market is moving up yeah. You could definitely see a flipping between Bitcoin cash and XRP, not that I like to see that happen, because I don't want to see Bitcoin cash or Bitcoin ice P in the top ten. But most likely, I think, it's going to happen. Marco welcome yeah Coronado's, not finished it's. Still in a test net staking all that stuff is still a test, then people are still waiting for the finish. So this this pump and about commercialization of cornado, maybe a little premature. But you know, but there are a lot of people that still believe in a project but holding on a de for a while now so it's good to see somebody's recover.
But to put things in a perspective, if you look, if you sort these bye, bye changed since all time highs right as much as these Pumped it's, really nowhere close to being uh being close to all time highs, cardano's still, ninety six percent off. From being all time, high right, so there's a lot a lot, a lot of let's say upwards potential. Okay, as far as fast as some of these coins have gone up, there's still, nowhere close to their all time highs, which is good, which is good. That means that means obviously, when all points all coins season truly hits probably towards the tail end of the Bitcoin market. A lot of these will probably recover in a big way and that's when alarm what new millionaires will be made. But if you look at one year, performance ripple obviously not doing good down 23 down. Seventy percent versus BDC, but they're, not the only ones take a look. Tron is down thirty three percent year over year. Tron has not been doing much at all the the marketing that that Justin is doing trying to make Tron stay relevant in the news by buying their exchange buying all these companies it's not really helping them right. Now I don't know people has gotten kind of kind of weary of of what Justin says anymore side I don't know stellar, also very weak, thirty down thirty four percent. I don't hear anything about stellar anymore, honestly, nothing! No news about stellar! I don't know what's going on.
You got a link that's up five hundred percent and T Zoe's up 300, very good high V up 200, something crypto chain up. Two hundred eighty one percent V chain is up 38 bat up, eighty percent right. So, of course, these could go much higher both of these company that, like there are 78 percent or 79 percent down from all time, I so a little better than some of the big caps but there's a lot of room to grow still alive room to grow, But bitcoins still number one number one, only 53 percent off from its all time highs, which is 20000, and we got a lot lot lot of things. Helping Bitcoin this year. Pun deaq's, I I've always said pon DS, go have a hard time competing yeah they're at 35 million market cap, which is okay, but you know when they were at their height. When you know everyone was going crazy about him over here. You know. I said at that time you know they only ship 5000 units terminals they're trying to do it all try and be a currency play a vendor play a gateway play. You know I said: they're gon na have a hard time competing, obviously in a weak market. You know no one's going to buy their terminals, no one's trying to use their crypto to pay for things, so that probably made it worse, but their other place like being a pure crypto play. That'S gon na be hard to because there's.
So many people in that in that space, so I don't know I've always been neutral, I'm pundit not to throw more shade on them or anything. But I've always said that welcome Tony a lot of things. Mathematically could hit go back to her all time highs. You know it's some a lot of you guys remember, but a lot of these big caps mid caps. They were less than a cent. They were below a few million market cap and now they are worth billions. That shows you how much they have gone up and billions even after being down 95, so that kind of gives you even more perspective how much they went up in such a short amount of time right. So I know a lot of you guys are waiting for that, but right now slow and steady, we need Bitcoin to lead the market. We definitely need Bitcoin to go up. Imagine if Bitcoin hits 50 a hundred thousand the kind of FOMO will bring into the market, and then you go see a lot of that money flow into all coins and once again you go see a lot of them shoot up the ones that are relatively unknown. On page two, three, four: five: a lot of moves shoot up to page one, and a lot of these ones are on page. One will shoot up to hundreds. You know 50 70. A hundred billion market cap remember once upon a time when XRP was at 33 and 77 cents.
The market cap was higher than Bitcoin at one point in time. A actually surpassed bitcoins market cap. Think about that right. That has to has to go up more than 15 times from where it is now to surpass bitcoins. So it has happened before a 30 M at one point in time was really close to so Okwe season will come around it will, but I think you just got to wait longer right now. Bitcoin is the driver of the market. We want Bitcoin to lead the market go much higher and all coins will recover. Xrp does have a lot of xrp fans. Are strong there's a lot of strong hands with XRP for something to be down three years without any recovery and to still hold it and believe in that dream, that 589 is coming soon yeah that's. It takes some strong willpower to do that, but you know non bitcoiners say the same thing about Bitcoin like why would you hold Bitcoin when it's down? You know eighty percent right a lot of it? A lot of us did that now we're only down 50 percent. So it is coming back up, but you know at least there's some there's, some former recovery with XRP there's, none there's, none hasn't recovered at all. In three years. It'S dollar cost average Wednesday time to buy as good as the time as any. Sadly, I think of war breaks in Iran. Btc, Oh skyrocket, yeah. I think a lot of things is helping Bitcoin things that isn't good for the world, but it's it's, it's supporting bitcoins case right now.
It'S proving kind of that Bitcoin is a safe haven. It'S, a non correlate asset and it's one that people can easily put money into if they want to get their money out of a country or out of their financial system. You know when Argentina was going crazy before and it still is, but one is value as their fee. I was hyper inflating. It had effect on Bitcoin when us, china, trade wars, were getting bad. It was helping Bitcoin right the tension between Iran and us. It helped Bitcoin. Now you have coronavirus that's, going on and also Brit exit that's happening February 1st that could have a big effect on more on Bitcoin to people with the euros or British pounds if either one or both are are devaluating right. People don't want to see that happen. Some of those people could put a little bit into Bitcoin. It doesn't mean everyone just a little mouth, going into Bitcoin closet to go up in a big way. So right now, with Bitcoin going up up up up a lot of these Geo. I guess geopolitical factors is helping not again doesn't mean they're good things, but if we do go into global recession which a lot of economic people, financial people are predicting tale unto 2020. Maybe 2021 and we go into recession. Maybe that's gon na help Bitcoin right, especially BIC, one keeps going up and then the countries start going to recession. What do you think people are gon na do with their money? They'Re go put it into something that's going up right and that's when that's exactly what's gon na happen this year next year, so it's it's, all it's, all it's, all leaving out to something good these earth, the scammer trolls, are trying to still fool people like honestly, They'Re just wasting their time, no one's gon na fall for that or not that's way too soon.
Man way too soon, crypto alien, that's, that's, all pretty good except I'm, not not a fan of grin. I know if it's your long shot one. I guess, but I do I just don't see them. I just don't see them doing great things: privacy coins, you know there's there's, a lot minimal, Wimble protocol it's, basically open source. Anyone can utilize it right. So I don't know everything else that you have. I think it's great, I just don't, know about Corinne. I would say something more conservative, like bat, would be something that that should be in portfolio, because brave browser is being used by millions of people it's a great system for advertisers and publishers and users. In terms of getting rewarded and paying for stuff with bat, but but I think bad is a really good acquisition target. I think someone like Microsoft can easily go gobble bat because they can integrate them. They need a new digital advertisement platform to compete with Google AdWords, because Bing ads really suck and they need a browser. You know whatever browser edge and in Windows 10 that sucks really sucks. They need a state, our browser which brave provides. So it would not surprise me if Microsoft showed out a few billion for basic attention, token, a brave browser, and that would cause bat tokens to skyrocket, but I don't know what's gon na happen. If that happens, it can't can they even sell off the company? I guess so because, most of us their own bad tokens, we don't have any sure rights into the company, so I think it can happen by anyways.
I like bad. A lot. Bmb also is interesting. I like B MB B's, I think by Nance's. On top of the world in finance, ever one IPO, that is one company I'm, will be investing a lot in same thing with coinbase, but it's interesting, BampB kind of halted. I think b mb shot up before kind of like why ether and shot up because IPOs i mean i SEOs right. People were making money hand over fist with i cos and they can only do it any thorium. I think by Nance kind of had that effect. Well, they still do coin burns and so forth, but remember for a time period. Ayios was really hot and all the hot ones were on Finance right. So CZ create a lot of use cases for finance, but still even outside of that they have a lot. They have three different exchanges: they have their ducks, they have all their stuff that's going on, but they kind of cooled off, which is surprising. I kind of expects them to get in continuing forward, but BM b, i think, is still a really good one to hold. As well, don't be like that original partner to apple that sold off the quarter to come in for 100 and bucks i'm, trying to think who that is, wasn't the the pepsi guy we stay hired a Pepsi, CEO and a nun jobs kicked them out. I don't know that's him or not know it's, probably not him, one of the original guys.
Now I don't know Wozniak was in Wozniak. I think one thing I stayed for a long time, so I don't know if it's him or not how will be chained to point out that current reaching holders, nothing nothing. I mean it there's, no hard fork or anything like that. Have you owned that or V Thor tokens, it's gon na be the same thing they're just building upon de de blotting and make it more useful, that's pretty much it hmmm, alright, guys I'm getting hungry, so I'll. Let you guys go Bitcoin is doing very well very well, though, although the short term indicators do say that it is overbought, momentum is exhausted and it should be taking a breather. It should be, but a it keeps going up and up and up on the 4 hour you could see. Stochastic is going down our size above 7d and MACD looks like it wants to go lower into the red. So, on the 4 hour looks like it wants to move down on a daily same thing daily, our site opted out, so it looks like it's looking it wants to come down, but these external forces that's going on brexit coronavirus tensions in the Middle East. All this stuff is causing a lot of people to buying the Bitcoin, which is why it's so strong right now, so maybe we don't see any drop. If we do, if we do – and we see a slow drop like this, we could see it after after we pump up to ten thousand because look at it during this time right we pumped up, we hit top of the channel and it came down, so it Could be that we do pump up to about 10000, which could come in a few days and then we come off or we kind of go sideways a little bit.
And then we pump out to ten thousand something like that. One or two cases gon na happen and then the true test will be what happens after that. Once we hit 10000, do we shoot past of it and continue on to 12000? Or do we take a breather? Because if we do take a breather and go back down, we'll probably be around 80 980 800 or right around there. But then you know be a golden buying opportunity once again. Alright, thanks for tuning in guys hit the like, subscribe to channel and since there's, so many so many people that there are ripple fans and still continue to hold XRP tokens. I got a special message for you guys, alright, so take a look and have good day goodbye.