BILLIONAIRE THINKS CRYPTOCURRENCY WILL REPLACE FIAT? NASDAQ BITCOIN BTC FUTURES? (PRICE + NEWS 2018)12/21/2018 What'S going on guys, Patrick here, bringing you a brand new video today, we've got another killer, video for you guys full of information. Today, we're gon na be talking about the billionaire who thinks crypto currencies will replace fiat rules can be looking at Nasdaq and the potential launch of Bitcoin futures, as well as tons of other news that went on in the cryptocurrency space, but guys before we can start With that, if you want to enter a chance to win some free Bitcoin, all you guys have to do is number one. Please subscribe the channel and have your notifications turned on number two give this video thumbs up and number three leave a comment down below saying something related to the video. Also, you guys are interested in making money trading crypto currencies, even while the market is down, make sure you check out the first link in the description or the first link in the comments for the crypto currency trade alert group.
I post every single one of my traits in there that brought me to is six-figure portfolio. So if you are a complete beginner, if you don't know how to do technical analysis, if you don't have the time to do technical analysis, then you can copy my exact trades. We'Ve had people make up to five hundred to a thousand extra dollars in one single trade, which is absolutely phenomenal check this website. I'Ve been super happy with the result, and the main goal right now is to accumulate more crypto currency so that when the bull run does arrive, we make even more gains now. Let'S get started with the news, though, if you couldn't guess it already, the billionaire we're talking about today is Tim Draper. Now he is a very big name in the cryptocurrency space, namely for being a Bitcoin Maximus. He is a huge believer in Bitcoin and believes it will rain number one for a long period of time. Now he has come out and said this several times. He thinks that crypto currencies now he says gon na consume, half of the fiat currency market and eventually will overtake the fiat currency market, which is something that is debated, debated less so now because of the you know, the bear market that were in people are losing People are losing confidence in it, but it is something that is talked about it talked about when you talk to people who are looking at the long term possibilities of this now Before we jump into talking about this. I'Ve asked us a few times, but I want to ask this again to see given the overall market sentiment. What most of you guys think so do you believe in in the future, we're gon na say the future, no give no fixed period of time. Do you believe crypto currencies will will beat the fiat currency mark will replace the fiat currency market? Let me know that in the comments down below, do you think it's going to replace it? Do you think it's going to become part of anything they're, both gon na be around? What do you think is going to happen in the long term? Let me know in the comments down below I'd love, to see what you guys think now he comes in and says we are currently at 130 billion in market cap and cryptocurrency market cap in the fiat market is 86 Chileans. So, for starters, you know a lot of people would love for this to happen, because well, on that way, up, there's going to be a lot of opportunity for wealth to be created. However, looking back at the possibility of this happening now, we have talked about the hype in the use case, the reasons Pete the reason people got in for the wrong reasons. Technically people got in majority people got in during the end of 2017 versus what is the actual use case of crypto currencies and what people should delay if they are getting in what they should be getting in for, and that is understanding what so, what this is And understanding how it can improve improve life moving forward now giving people control of their money is great. I think that's fantastic. I think, though, you know the ease the the fast transactions, the low transaction fees. That'S all things that are in crypto currencies, favor. The things that I think are gon na hold crypto currencies back is number one. Our people response there are: can people take responsibility for mistakes cuz? When you have control of your money, you can no longer call a bank for help. If you make a mistake, you can no longer have that type of safety net where you can just pick up the phone and there you go, they can help. You solve your problem, you are now taking responsibility and you have to therefore be responsible. Is that something we think everybody in the world or majority of the world can do I'm very questionable, given the situation of the world is in right now, just you know, I don't know, I don't wan na say too much, but I do think that is going To be something that holds us back, the other thing is the people who come in the market simply to make feel a lot of majority of people in cryptocurrency. Right now are not encrypted currencies to to be encrypted to hold cryptocurrency they're, not buying one Bitcoin thinking. Well, if I buy a Bitcoin right now and crypto currencies, you know consume the fiat market, then what I, when I originally paid $ 1000 4.1 big I'd, maybe be able to buy an iPhone 4.00 one Bitcoin, because at that point you know the valuations higher. But it's not directly tied to, though that's not what most people are looking at. Most people are looking at.
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This is such a big day for us it's the New York Stock Exchange it's going public and and we're really very happy about it. Well I just think that the day is exciting and I think that over a period of time the day will become even more exciting. This is a very important day and it's gonna be a great day. Atlantic City a phenomenal year for you. Now Atlantic City in general doing very well but you in particular.
The plaza, Trump Plaza, up 14% so far nine months year-to-date. The Taj Mahal up 10%. What's bringing people back into Atlantic City? Well you know Atlantic City was a little bit underrated as a jurisdiction a few years back. And all I did was made money with Atlantic City just kept coming in. Atlantic City has now considered the number one jurisdiction, the hottest jurisdiction. We're doing more business in Atlantic City than the entire Las Vegas Strip something very few people understand or know about and as you know the public company has Trump Plaza. Which I believe broke its all-time record last week. What do you feel that your stock is being penalized? It's down about twice as much as the industry blew. Well I think a number of reasons. But I think one is the Atlantic City and Atlantic City is is either in favor or not in favor. At this moment it's not in favor but I think it's starting to get in favor again because the numbers have been very good; the wars have stopped. Have largely stopped. You know last year we had a rough year because everybody was fighting. This year they're not fighting and we have that happen in Atlantic City almost routinely every four years. They becomes some geniuses well we're going to give away the shop and everyone else has to follow. We're making a tremendous cash flow. We've just finished almost a 5,000 car garage in Atlantic City and we are just doing unbelievable business. We're doing better than we ever did before. We're doing much better as a company then when the stock came out at approximately 32. So, it's a great opportunity for people and it's a great company. It's not exactly the kind of 11 Donald Trump wants to roll in Atlantic City. His Trump hotels and casino Empire have filed for chapter 11 bankruptcy protection. To the Donald we go. If he was a contestant on his own apprentice show he might have to fire himself. Look at that! Look at that! Easy, Easy, [Diablo Pewds] EAAAA!!! A' Right!. What do I do here? I don't even know what I'm looking at Block ball game [Arkanoid?]
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