How Will This Bitcoin Surge End? ......Or Will It? by brianphobos

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dtube · @brianphobos · Nov 28 '17

$13.65

How Will This Bitcoin Surge End? ......Or Will It?

<center><a href='https://d.tube/#!/v/brianphobos/lnobk9o3'><img src='https://earth.i.ipfs.io/ipfs/QmTN4tUj1B2BwjZfAgwkdCRDbrqUy43qgABmhKBSm8dVvD'></a></center><hr>

When will this Bitcoin surge take a hard pull back or will it. Does it just keep going up until Bitcoin takes over the world and no one trust fiat money anymore? In this video I show a lot of the main fundamental points from the 2013/2014 bubble and relate those to today and show what is different. The actual forks of Bitcoin are a huge difference and the fiat on ramps directly to Ethereum and Litecoin on Coinbase is another huge deal that is different than the 2013/2014 boom.

<hr><a href='https://d.tube/#!/v/brianphobos/lnobk9o3'> ▶️ DTube</a><br /><a href='https://ipfs.io/ipfs/QmXVZfpnvQYQCWXySNfjr8qEZxyJmAJ4zu4WhR9x3CfJ8a'> ▶️ IPFS</a>

👍 robert-call, themonetaryfew, teamsteem, ripperone, opheliafu, gringalicious, ace108, sykochica, thecryptofiend, stackin, pharesim, happymoneyman, hustletoparadise, icethekicker, reseller, sandstorm, cryptofunk, brianphobos, harleymechanix, logic, steemvoter, sacred-agent, dajohns1420, fullofhope, pnc, rafine, mrwalt, middle-theory, claudia, berkah, kibela, techwizardry, kenanqhd, rulesforrebels, mrs.agsexplorer, pipertomcat, sulev, spectrumecons, dimarss, greenstar, paulcolumbus, cryptofixer, damono, sv67216721, piscaryk, jamiebu, socialspace, natra, mehditanver, michelleluilui, hitmeasap, moisesmcardona, axios, john-with-a-fon, lamech-m, cryptoninja, subcosmos, dreamon, turymenecier, introduceyoursel, embalsespr, preguntame

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@cryptofixer · Nov 28 '17

$0.02

I can definitely see bitcoin drop a thousand and jump to 11k.
Nice post. 
Its so hard to predict though.

👍 brianphobos, paulcolumbus, vogeltron1

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@brianphobos · Nov 28 '17

yeah it is pretty unpredictable for sure!  The thing that I have realized overtime about the bubbles bursting is that people can envision smaller pull backs but when the thing goes into free fall it emotionally damages them because their time erodes away right in front of their eyes and the confidence is hard to rebuild.   This could very well go to $20,000 or it could hit $10,000 and we could have a harsh pull back and then it surges back hard like we have seen earlier this year....... there is really no telling unless news of some new fork comes out or something like that which people buy into it again.

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@hustletoparadise · Nov 28 '17

$0.23

Agree, there's been 1,500 to 2,000 pullback that happened three times in July, September, and November, but all three rallied back.

👍 hustletoparadise

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7 replies

@harleymechanix · Nov 28 '17

Get your ass back in that pool dammit!  Its not that cold out.

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@brianphobos · Nov 28 '17

Hahhah,   The weird thing is, I feel like this format is less personal and the videos have tended to be longer but I'm getting way better engagement and traffic on these.   

Personally I don't feel like this format is 100% ideal but people really liked my Electroneum one.

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@kenanqhd · Nov 28 '17

Even though I predict a pop coming, I still am hesitant to actually exchange my coins for fiat. I have only been in the crypto space for a year (back when BTC was about $600) and so I've made some decent gains. The pop will happen eventually but when I happens, I'm probably gonna be pissed at myself for not cashing out earlier.

People are hungry now. I think BTC has gonne quite mainstream and that is when you get a whole bunch of people looking to make profits and not give a damn about the technology. It happens every time with anything. Real estate, tech, stocks and now cryptocurrencies.

See y'all at the bottom.

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@brianphobos · Nov 28 '17 (edited)

Hahah,   Yeah it is a weird thing because almost knowing too much about bubbles and the technology has almost made a bunch of us miss out by not buying more.   But then now that it is up here, we are afraid that since crypto has went triple retard mode that it might got to $20,000, or $50,000 or $100,000 / coin just from everyone piling in.

I saw an article that showed that only the Tulip Mania bubble in the 1600's has out performed Bitcoin's runup.   That is insane.   And it could go a lot higher!

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@kenanqhd · Nov 29 '17

Man...It's almost at $11k. It seems like the time to takes to increase $1000 dollar halves each time.

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1 reply

@meyrep · Nov 28 '17

At this moment, BTC's price is on an upsurge and a minor correction may kick in shortly.  If you are a long term investor, there is no need to sweat over its temporal volatility.

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@brianphobos · Nov 28 '17

Yeah I agree.   I feel like any pull back will probably be swift unless the SEC comes out and says they are arresting a bunch of ICO scammers and making ICOs illegal.

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@hustletoparadise · Nov 28 '17

$0.23

Yup I'm HODLing a bit longer with BTC

👍 hustletoparadise

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@oodeyaa · Nov 28 '17

$0.18

I am either side and seeing this as opportunity as on every 20% fall I will bag some good coins.
Let's see what will happen with my 1 million USD.

👍 oodeyaa, juliawilliams, brianphobos

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@brianphobos · Nov 28 '17

Nice!   Whales status!

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@piscaryk · Nov 28 '17

1atv8hfuo

Well done. Thanks for sharing your thoughts!

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@brianphobos · Nov 28 '17

Your welcome!

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@reseller · Nov 28 '17

$0.09

I lived through the 2013/2014 bubble pop and I still have that in the back of my mind that this will happen again at some point. But who knows...

👍 reseller, vogeltron1

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@brianphobos · Nov 28 '17

$0.05

Yeah...... me too.   2015 was brutal.   for sure too.

👍 reseller

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@hustletoparadise · Nov 28 '17

$0.28

I was thinking the same thing ... but the infrastructure and lessons were learned in that bubble pop. The crazy increase though will definitely have to have a correction since people who bought in mid-2017 will now most likely take profit so will need to clear out those who have held at lower levels to keep a healthy stable support to move steadily above the 10k mark.

👍 hustletoparadise, reseller, paulcolumbus

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@bitcoinflood · Nov 28 '17

$0.39

Why would they take profit at the end of the year? you would have to declare it on this years taxes instead of next years and also it would be a short term investment which would be taxed at the highest level. If held for a year it is considered long termed and taxed at a much lower rate. I say we have 6 more months about of just flat out growth with very minor pull backs along the way.

👍 bitcoinflood, reseller, brianphobos

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3 replies

@sergiomendes · Nov 28 '17

Ohhhh when you come to this crypto world there is so many things to learn about it. Eheheh it is a never ending process 😂😂 but in my opinion when it comes to the markets in the end we will never know what will happen.

#steemyawards
http://i68.tinypic.com/s6hqvb.jpg

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@brianphobos · Nov 28 '17

yeah crypto is unpredictable in a lot of ways and right now it is so full of surprises.   Literally the other day I found out 1 day before the Bitcoin Diamond fork that we were going to have more coins!   It is like YAY!!!!  LOL

Then a couple of weeks ago the whole situation with Bitcoin CASH surging into #2 on CoinMarketCap.   That was unreal

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@sergiomendes · Nov 28 '17

See you are speaking a completely foreign language for me. Lolol that "FORK" thing I still need to learn what it is. Lol but yeah. Today checked the maket and bitcoin was 9.7K that is crazyyyyyyyyyy

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4 replies

@techwizardry · Nov 28 '17

$0.76

If there is any truth to the Tether fraud accusations spreading on Twitter, Reddit and Youtube, we may be looking at an imminent crash. I would advise everyone to  wait for the Tether/Bitfinex situation to be cleared up before going into BTC again.

👍 gridcoinman

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@brianphobos · Nov 28 '17

$0.02

That is actually a good fundamental point to bring up.  We are already seeing the positive results here on Steemit with the Steem Backed Dollar Surging which is great for us bloggers so we can earn more by selling the Steem Dollar.   

But I do like the STEEM Dollar hovering around $1 so we can retreat to safety if we feel a huge pull back is imminent.

👍 techwizardry

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@techwizardry · Nov 28 '17

$0.75

Maybe crypto traders can one day start using the SBD instead of Tether to store their fiat gains and do quick arbitrage.

👍 gridcoinman

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2 replies

@vogeltron1 · Nov 28 '17

I think we could see a pullback but it will be next year. The adoption rates and infrastructure are so much better than 2013/14 I have a hard time seeing it drop lower than like $6k before heading up again.

👍 brianphobos

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@brianphobos · Nov 28 '17

Yeah I tend to be in the same camp as you are right now with it.   There are so many new Coinbase accounts and people are bit thirsty out there trying to get everything they can!

👍 vogeltron1

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