The Future of Bitcoin & STEEM May Be Limitless! - Jeff Berwick Talks Cryptocurrencies

in #bitcoin7 years ago (edited)

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In this video, I sit down with The @DollarVigilante Jeff Berwick in Las Vegas, Nevada during Freedom Fest to talk about the future of the crypto-markets following the MASSIVE corrections we've seen recently.

As Jeff points out, these corrections were necessary and helped calm the markets. There were too many people rushing in and as with any market, it became over-valued and took a much needed breather.

Jeff breaks down exactly how he thinks this correction happened, what it means and how this will affect the markets in the future.

Jeff has some healthy skepticism surprisingly with the crypto-market, but of course has been on the forefront of trending cryptocurrencies since 2011.

Ethereum does not appear to be heading in the right direction as of recently which rightly concerns many.

Bitcoin can make an incredible climb/rally in the coming few years and STEEM has an incredible level of potential future demand thanks to the Steemit platform! While Bitcoin has scarcity and potential based on the ramped up future usage in commerce, STEEM has a great level of potential based on the amount of people due to flood the Steemit platform following the massive amount of censorship people face on a daily basis on Facebook, Twitter, Instagram and of course YouTube.

Jeff also goes into "The Berwick Effect" where his forecasts often appear to cause corrections or rallies and how he best trends future events in the cryptocurrency markets.

See the FULL video interview here:

Stay tuned for more from WAM at Freedom Fest in Las Vegas! Don't forget to Upvote & Follow! :)


If you like what I do, you can donate to my Bitcoin, Ethereum or Dash addresses below!

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BTC-U will upgrade Bitcoin to 3s transactions and 10,000 transactions per second. No more mining cartel, wasted electricity or drama. All 21 millions coins in circulation now and zero supply inflation. BTC-U makes Bitcoin what everyone wants it to be and completely leapfrogs the next decade of squabbling and forking and infighting. Snapshot is Aug 1, so make sure you control your private keys.

Mining will continue since only 16.4 million of the total 21 million coins are currently in supply. The speedy transactions are nice. Mining is enjoyable but wont last past the year 2100 when the last bitcoin is created.


http://www.FlippyCoin.com is the #1 Cryptocurrency Exchange!

I have follow you and also upvote you. I you do the same for me.
You got a nice reply on this article.

BTC-U? Is that the alternate to BTCC or something? I heard that somewhere they are trading futures on BTCC...and that the "predicted" trading price is like $480! That's freakin insane! ...no? :-)

Current bitcoin supply is about 16.4 million.
I could be wrong but I understood that the current supply as of August 1st is what will convert to BTC-U and then BTC-U supply will not increase further.

what btcu do you mean bitcoin cash?

BTC-U or BTU is Bitcoin Unlimted a fork along with Bitcoin Core BTC, and there is a new one participant BTCC Bitcoin Cash.

This info you got here is really helpful.

Thanks for your posts! You got me very interested in EOS. I invested in Ethereum when it was only $10. I would love to get in on EOS, too. One thing is clear to me: the future is in decentralization.

I wonder what his thoughts are on EOS now that it is down about 15% from where it was a week ago when he was making it sound like he wanted to hurry up and get off the phone and go buy some. :-) He didn't say anything about it in this new rant video of his. He did use the "hedge" strategy someone who said to buy at higher levels would use though. He said >>> "things could get volatile here." So watch, no hint of what to do with the EOS you bought at 1.80+ last Fri or Sat. Then when it's at 1.25 he'll come back and say >>> "See I told you guys it was going lower in my plug posted on 7/26/17." I'll bet you a $50 lunch that actually happens :-)

Keep up the good work my man. Just started watching all this stuff. The government's around the world are legalized mafia. Its absolutely rediculous what they get away with. Forced to pay them taxes from what you earn for protection from problems they cause. Unreal

Great show guys! Keep em comin! More more...

Thank you! Lots on the way! :)

Thanks for posting the interview. I enjoyed it. @stackin posted recently about visualizing STEEM at $10. It'll happen!

Without a doubt! I think about $4.70 by the end of the year though. :)

Steem seems a great bet to rise.

It's already number 1 in terms of volume of transactions. Only a matter of time till the value reflects that.

Awesome interview!
Keep up the great work Josh!

i dnt know about the btc but i m sure about the steem its destination beyond the universe , a unique way in social media

I don't see how Steem would go up, with everyone getting it for free...

because of value, the price can go up,, just like facebook did in its early days, now we all know what its worth , so the goal here is long term

Well value of steemit as website will go up, but steem as currency not so much...
I could be wrong...

You are so right we are in prediction stages

The same way bitcoin did. Sure it was mined but effectively wealth was created and given away.

@Joshigurdson you won me over with this video. Great conversation and look forward to riding the cryptowave with you and @DollarVigilante.

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