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BITCOIN MILLIONAIRE EXPLAINS MARKET CRASH AND NEXT PRICE TARGET $1,300!

Video Transcript: A Bitcoin Millionaire’s Point of View

00:00 Everybody, Christopher Green, Alternative
00:02 Media Television; happy, happy, afternoon
00:05 to you;

00:06 God bless! Jesus Christ is king; In
00:10 today’s video, I want to talk about
00:12 what’s going on with Bitcoin, what’s
00:15 Going on with the Cryptocurrency market
00:17 from the eyes and lens of somebody who’s
00:19 been investing, participating for over a
00:21 decade; again, most of you know my story:
00:24 Bitcoin, blockchain technology has
00:26 changed my life; it’s made me a
00:27 multi-millionaire; today it is the
00:30 biggest opportunity that I’ve come
00:32 across, since the advent of the internet
00:34 and social media combined; it will be
00:37 bigger than both; it is laying the
00:39 technological foundation for the new
00:41 global economy; it is the biggest thing
00:45 in the world just like social media has
00:48 become the biggest thing in the world.

00:51 For example, I remember when people
00:53 laughed at YouTube; now the top 10
00:56 youtube earners, I think if I’m recalling
00:58 correctly, this was Forbes magazine,
01:00 yesterday, make a combined 180 million
01:02 dollars annually. The highest-paid earner
01:05 is a young kid who just signed a deal
01:08 with Walmart; he does toy reviews; and
01:11 again, it’s almost…well, it’s not shocking
01:15 to me because I understood this a decade ago…

01:17 But, it’s shocking to a lot of people
01:19 when…now, if you’re not in social media,
01:23 if you don’t blog, if you don’t market
01:26 online, you’re simply not in business, or
01:29 you are going out of business; it has not
01:32 just become a part of our society; it is
01:35 literally our entire society, as people
01:37 bury their faces into a cellphone the
01:40 same way you’re consuming this video right now…

01:43 So, we need to fundamentally
01:46 understand how big the opportunity in
01:48 blockchain technology is; again, it is the
01:51 biggest opportunity in the world; there
01:53 will not be another opportunity like
01:56 this, in my humble opinion; maybe in my
01:58 lifetime; it is that huge; so, what’s
02:02 happening? Again, we’ve seen these bear
02:04 markets before; we have seen
02:06 consolidation phases, where Bitcoin and
02:08 cryptocurrency has, what the mainstream
02:10 media would say collapsed, 90
02:12 percent 80-plus percent, as we see today.

02:15 I think we’re down 82%; we’ve lost some
02:18 700 billion dollars off total market
02:21 capitalization which, by the way, is a
02:23 drop in the bucket.

02:24 Fang stocks lost over a trillion dollars
02:26 last week. Okay! So, it just gives you an
02:29 idea like we’ve barely touched the
02:30 surface in terms of saturation market
02:34 adoption and of course because there’s
02:36 all this cynicism ridicule and really
02:39 just misunderstanding and lack of
02:41 education. A blockchain tech that tells
02:44 you that’s a…what am I looking for? that
02:47 that’s an indicator; it’s an
02:50 indicator of how wrong the general
02:51 population is when it comes to crypto
02:53 currency, blockchain, Bitcoin etc…

02:56 And by the way, anyone that says, and I hear this
02:59 a lot; I hear this from quote-unquote
03:01 smart people; they’re like…well,
03:02 Christopher, I’m not sure about that
03:04 Bitcoin, but you know I believe
03:07 blockchain is the future and by the way,
03:09 that’s not even their opinion, it’s just
03:11 a stupid opinion of somebody they heard
03:13 on establishment media right there!…

03:15 Like they heard on CNBC, and they’re just
03:17 repeating it because they know nothing
03:18 about Bitcoin; they know nothing about
03:20 the technology; they know nothing about
03:21 blockchain; news flash, bitcoin is the
03:25 blockchain; did you hear me? Bitcoin is
03:30 the freaking blockchain! It is the number
03:33 one blockchain truth in the world…in the
03:37 world; that’s exactly what bitcoin is; so,
03:40 even that statement is flawed, and it
03:43 shows you whoever says that doesn’t even
03:44 know what they they’re talking about;
03:46 they have no idea what they’re talking
03:48 about; they’re just parroting.

03:50 They are on the mainstream media, CNBC
03:53 Fox News, whatever MIB, CNN, MSNBC, the
03:56 controlled media propaganda
03:57 infrastructure as it is today; so, what’s
04:01 happening? We’ve all seen this before; go
04:04 back to one of my first videos that I
04:06 posted where I told the audience
04:07 millions of people…of you that tuned in
04:09 that this was going to happen; there was
04:11 going to be a washout similar to tech,
04:13 similar to the popping of the Technic
04:15 bomb, and the dot-com bust in 2001…90,
04:19 plus percent of these projects, 90 plus
04:22 percent of these companies would go out
04:24 of business just like in tech,
04:26 but the survivors, Amazon, Microsoft
04:30 Netflix, Google, Apple the list goes on
04:35 and on, and on, will take over the entire
04:36 global economy as we know it, and it’s
04:40 exactly what happened with the dot-com
04:42 bust, and it’s exactly what’s happening
04:44 today; so, in my humble opinion, none of
04:48 this is going to go away; it’s only going
04:50 to get bigger.

04:51 In fact, for you critics and cynics out
04:53 there, it’s going to become irritatingly
04:56 annoying how big blockchain will become,
04:59 a part of your life in the next 2, 3, 4, 5,
05:03 and 10 years; now, in 10 years, it’ll be
05:05 completely saturated; the opportunity
05:07 will be missed; All the millions, billions,
05:08 the first world’s trillionaires, were
05:10 already had been minted, made; and the
05:13 giant majority of the population, the 99%
05:15 as usual because they always get it
05:17 wrong…they never participate; they’re
05:19 always on the sidelines, and they’re
05:20 always being brainwashed by the
05:21 too-big-to-fail banks or cartel; the
05:23 mainstream media and other propaganda
05:25 mechanisms, courtesy of the state…state
05:27 control and big fat government will miss,
05:29 it; the few that get it will rise at the
05:33 top; the few that get it already have
05:35 made millions, myself included; the few
05:38 that get it; how about we’ll make
05:40 billions?

05:40 We’ll make trillions and this is what is
05:42 on the horizon; so, let me get into some
05:45 technicals of what I think is going on.

05:46 First of all, there was a huge mess and
05:49 lack of confidence with the Bitcoin cash
05:51 fork; okay, with SV Satoshi’s vision vs.
05:54 ABC. Now, SV looks like it’s risen to the
05:57 top of the top ten market capitalization
05:58 as it is today; and I’m not a big fan of
06:02 it; I’m not an Abbott; I don’t like
06:03 Bitcoin cash; I think it does demoralize
06:05 the market; I think it’s a big reason for
06:07 the push lower; in addition to that, there
06:10 was just a lot of FOMO fear of missing
06:13 out; of course the, retail investor always
06:16 gets burned. The institutions always win.

06:18 So, what they’re doing now is what’s
06:21 happening, government, global governments
06:24 the power structure, the new world order,
06:25 whatever you want to call it, whatever
06:27 whatever, you want to determine. The
06:29 elites, they’re breaking down crypto and
06:33 they’re putting tremendous pressure
06:36 in bleeding the market out; so, that
06:38 there’s a transference of value from
06:40 weak hands which is traditionally the
06:42 retail investor mom-and-pops to the
06:45 institution’s they’re also pushing
06:47 forward right now and you’re seeing with
06:50 this new rules regulations postponements
06:53 of exchange-traded funds ETFs etc;
06:57 they’re now beginning to regulate which
07:00 I actually think is a positive for the
07:01 market; it’s good; they should regulate.

07:03 They should protect consumers; there
07:06 should be these…there should be some of
07:08 this. I don’t like regulation, but I think
07:10 it’s bullish…is what I’m telling you; so,
07:13 that’s happening; so, there’s been a delay
07:15 of some of these institutional products
07:17 coming to market Vanek ETF; there’s going
07:20 to be an announcement first quarter of
07:22 next year yada yada yada yada. It doesn’t
07:25 even really matter.

07:26 Basically, the institutions, the people
07:28 that I hang with right; the guys that are
07:30 a lot wealthier than me, the billionaires;
07:32 okay; the hedge fund managers; those at
07:35 Pantera capital; for example, those people
07:38 like Tim Draper sharks, smart guys that
07:41 are out there, venture capitalists; it
07:42 acquired Bitcoin with the collapse of
07:44 Mount Gox and have since turned it
07:46 into 200 plus million dollars, and soon
07:48 to be billions of dollars; these guys are
07:50 buying right now; okay. So, they’re buying
07:52 right, right now; they are buying; they are
07:54 buying; they’re buying; they are buying;
07:56 they’er buyer and they’re acquiring.

07:57 They’re acquiring
07:58 they’re patting their portfolios; they’re
08:00 dollar cost averaging, and they’re
08:04 basically backing up the trucks right
08:05 now. Again, this is a transference of
08:07 value from retail; weak hands, those people
08:10 that don’t know what they’re doing; we
08:11 saw the same thing in 2008, and “O’9;”
08:13 right? who sold? Retail investors; who, who
08:17 was on the losing end of the stick?

08:18 Retail–mom-and-pop…bank bailouts, too big
08:23 to fail companies; all these kinds of
08:26 shenanigans; the same thing is happening.
08:28 now; so, what this is, is a major major
08:31 opportunity and again, we’ve seen this
08:33 all before, with consolidation periods of
08:35 80, 90-plus percent, through the timeline.

08:37 By the way, Bitcoin still is the best
08:40 performing asset over the last 12 month
08:43 period far exceeding returns of the S&P;
08:47 500 by 400
08:49 % 4 X 400 %; so, don’t let anybody tell
08:53 you bitcoin has been a bad investment.

08:55 No, it’s been the best investment in the
08:57 world and was the best investment in the
08:59 world over the last year or so depending
09:01 on the timeline that you’re looking at.

09:03 Forex rates return thousand X rates of
09:06 return for those of us who got an early
09:07 in; and around, you know 2010, or earlier,
09:10 you know 2008, 2009 some of us that got
09:13 lucky that we’re mining and these kinds
09:15 of things in the early days; so, let’s
09:18 bring it back to the common man–you and
09:20 me. Let me tell you what I’m doing and by
09:22 the way, this is not financial advice;

09:23 This is not investment advice; I’m not a
09:25 financial advisor; all investments can
09:27 and potentially will go to zero, can
09:29 stay the same or make money; there is no
09:31 guarantee of future return; please read
09:35 our disclaimers, disclosures on our
09:36 website; all of that..you can read our
09:38 legal information at am TV Mediacom and
09:40 Bitcoin rich calm; I’m not giving advice
09:41 I’m not telling you what to do; this is
09:43 what I’m doing; this is my opinion; so, I’m
09:46 an average guy; what am I doing? I’m
09:48 buying!

09:48 Right now, I’m nibbling at this range. I
09:51 tweeted yesterday; follow me at am TV
09:52 media on Twitter; I am nibbling in and
09:57 around 3000; My next target looking at
10:00 the charts, looking at fundamentals,
10:02 technicals, and just extrapolating the
10:04 the hard data back my next target…would
10:07 be 1,300 if we continue to continually
10:10 see this aggressive pull back bear market go
10:13 lower. I think it’s possible; I think it
10:15 might happen; that’s not a guarantee; we
10:17 might be consolidating here and now
10:18 might be the low; nobody really knows…

10:20 1300s the next target, under a thousand, a
10:24 thousand dollars, or less; Bitcoin taking…
10:26 it out…over a year ago, before we had the
10:28 massive epic run, and it got into the
10:30 news and everybody including Grandma
10:31 wanted to buy Bitcoin because they
10:33 thought they could become a
10:33 multimillionaire.

10:34 if we get below that, I think it’ll be
10:37 total blood on the streets that would be
10:39 the capitulation marker that would be
10:41 personally when I start getting very
10:43 very aggressive; I start adding into my
10:44 existing positions; if we don’t go that
10:47 low, if we don’t get that capitulation,
10:50 and I kind of think we are…Like…I still
10:52 think, there’s too much confidence right
10:54 now; I don’t think there’s enough blood
10:55 on the streets; I mean I’ve got to be
10:57 reading that people are jumping off
10:58 buildings, not that I want that to happen,
10:59 but like it’s got to be like 1929–
11:02 people throwing themselves outside of
11:04 buildings; the mainstream media is saying
11:05 that bitcoin is going to be outlawed
11:07 even though you know it won’t although
11:09 that’s a possibility; people are losing
11:12 everything; you’re reading about, you know,
11:14 horrible things in the news even the
11:17 believers on Twitter are telling you
11:19 it’s going to zero; they lost everything.

11:21 Like…think two thousand eight, 2009,
11:23 think nineteen twenty nine,
11:24 that’s capitulation where you’re
11:27 questioning the very reality in
11:29 existence and survivability of this
11:32 technology or whatever investment
11:34 it might be; it could be tulips but of
11:36 course bitcoin is not tulips; it has a
11:38 usable usable use case; a real use case, I
11:43 mean even if bitcoin is just a better
11:44 form of wire transfer, it’s better
11:47 than banking, and it’s better than all
11:48 the too-big-to-fail banks, and it’s
11:50 better as a store of value because it’s
11:52 got limited supply; it can’t be printed
11:54 to infinity; it’s not fiat; it’s not
11:57 controlled by central banks; it’s not
11:58 manipulated through monetary fiscal
12:00 policy–zero percent interest rates–
12:02 quantitative easing, Operation Twist, etc,
12:04 etc, etc, etc!

Source:

About Glenford Robinson

Glenford Robinson
Mr. Glenford S. Robinson is the Chief Executive Officer and Founder of Mstardom Finance. He is the editor-in-chief of News and Magazine article publishing. Mr. Robinson is also the lead developer of the Mstardom Finance Platform at Mstardom.com.  He is passionate about quantitative finance and technologies associated with that discipline, such as python-based algorithmic programing. Mr. Robinson is also a Clinical Laboratory Scientist currently practicing laboratory medicine. When Mr. Robinson is not practicing laboratory medicine, writing articles, or studying finance, he is creating mathematical and statistical modules, using quantitative approaches to identify trading opportunities in the Forex and Stock Market.

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