what is going on guys Patrick here bringing you a brand new video today we're gonna be talking about my predictions for the overall cryptocurrency market yes that's right we're gonna talk about the days I think we're gonna start hitting the bullish run how much I think the market can grow in 2018 and which coins do I think are going to be leading the pack so guys if you are interested in watching more cryptocurrency videos make sure to smash the subscribe button hit the bell icon next to it to get notified every time we release a new video at the end of this video we're gonna be doing the comment winner for this to see who won the Bitcoin giveaway from a last video so make sure if you guys do want a chance to win some Bitcoin you are subscribed and you do leave a comment about something related to the video and next time we do a giveaway you guys might have a chance to win so also notice the new banner that is absolutely sick I just got this made wow I love it I love it so you're guys probably see a lot of it so I was gonna keep in the beginning of every video also cryptocurrency all-stars face of a group link in the comments go check it out ton of value don't want to ramble on too much about it but yet so far a great group everyone in there is very helpful everyone's there to answer questions it's a great group of people now guys before we look at the overall market you guys I've wanted you guys to check this out so Arizona Senate passes bill to allow tax payments in Bitcoin now if that's not some adoption right here if that's not a sign of people recognizing Bitcoin that I don't really know what is because if you can pay taxes in Bitcoin I wouldn't recommend doing it because you might have paid way too much for your taxes and like by the end of 2018 when the value of bitcoins through the roof but right now I'm seeing a lot of people I know sell apartments for Bitcoin sell cars for Bitcoin sell you know pay their taxes in Bitcoin and as cool as that sounds that we are seeing um you know massive dogs were seeing people treat it as a currency which is what it is currently I don't know if that is the best thing to do simply because the price of Bitcoin I think is relatively low to where it could be in the coming years so that's kind of a tear between what cryptocurrency should be and how to make the most money sort of a divide in the middle there because if you buy you know a million dollar house in Bitcoin right now and I am 2018 and bitcoins worth four times the amount of money you technically just paid four million dollars for that house so keep that in mind but yes still I think it's super cool to see that people are allowing that you know de Arizona Senate has passed a bill to allow tax payments in cryptocurrency that is really really cool now guys let's take a look at the market give it a refresh four hundred and ten billion dollar market cap we're still holding above four hundred billion so I do like that are we in for a little bit of a pullback well day the day is pretty red today we're seeing a lot of coins in the red very very few in the green we're gonna talk about you cashier in just a second but a lot of coins in the red meaning we are having that's not too much red I mean like percent wise it's not too big of a change so we are I am considering it kind of a sideways movement day you can see from the chart we've been having on the past few days we've been having pretty sideways movement on most of these coins except for you know maybe ripple who went up a significant amount but Bitcoin you guys to see has held a fairly average point right here at the eight to nine thousand dollar range I think it's a comfortable spot for a right now I think it's a spot we're gonna see for some time leading into the future which brings me to say when do I think the markets are going to enter bullish market there's a few dates I am looking for so one the end of the Lunar New Year we talked about this in previous video like a month ago it was like if that video actually did really great I didn't know what was gonna do that well it did pretty well but we were talking about the Lunar New Year and why the markets are going down so I think hitting at the end of the Lunar New Year I think we're gonna see more investors come in and I do think the the cryptocurrency market will start moving upwards after that I think tax returns are a big day to look for tax returns in the US and all over the world I don't know when all over the world is but I think tax returns are a big you know point to look at because once people start getting more money they're gonna be able to invest it they're gonna want to invest in things that they think are going to bring them more money and believe it or not cryptocurrency is up on that list people saw the run we had in December and they think cryptocurrency is the easiest way to make a lot of money now that might be true that might not be true I don't know if I agree with the thought process but I'm not gonna complain if they come in and you know shoot the price of Bitcoin up so that's definitely a good thing for us and then third thing that I'm looking for a third thing I'm looking for is cryptocurrency regulation government regulations now we don't know when this is gonna happen obviously this is just in talks right now but I think the moment that happens I think we are going to see a huge huge run-up in cryptocurrency that people aren't thinking about guys companies like Google companies like Facebook cannot touch cryptocurrency right now you know we talked about Mark Zuckerberg going into learning about cryptocurrency wants to learn about the blockchain technology in 2018 but Facebook and Google will not touch cryptocurrency until there's regulations until there's like you know and they discover how taxes are gonna work how everything is going to work because a company that big cannot risk going into something that then you know something bad happens and I'm not saying cryptocurrency super risky but it's too much of a risk for one of the biggest companies in the world so as soon as we get regulations rusty institutional investors are going to see a large companies all implement the technology because the technology is there so it's a great technology so once big companies and big investors are allowed to touch that I think we're definitely gonna see a huge run-up in the price which leads me to say as well I think the market cap conservatively I think the market cap will pass one trillion dollars and I think we're gonna see at least a one and a half trillion dollar market cap by the end of the year I think were going to see something very similar that happened last year it's basically the cycle of cryptocurrency how the markets cycling right now the beginning of the years you know a hard harder time December slatton November / December we usually have a huge run-up in that huge run-up I think is when we're gonna see Bitcoin hit four times it's evaluation I think a $35,000 a Bitcoin we've talked about it is very very doable I do think also once more people start coming we're gonna see a Bitcoin dominance go up a little bit which is why I think the market cap at one point five billion dollars Bitcoin well technically the dominance would be pretty much the same point us at the Vic was at 35 mm $35,000 market cap would be a little over 15 trillion dollars I think is totally doable if everything stays the same right now so again if you're a long-term investor you believe in the technology you believe in holding your coins for the long term I'm not buying and selling coins every day because that's not my strategy I want to gather as many coins as I can and just hold them and watch my portfolio grow and grow and grow so again coins like Bitcoin right now guys if you're waiting for it to hit $7,000 sure maybe a will but secure your position in picking up some coins right now and you guys can do that in places like coin base you can buy Bitcoin aetherium stuff like that and web sites like finance exchanges like finance you can go and pick up your other all coin so I'm gonna make it super easy for you guys and I'm gonna leave a link down below in the description for you guys to go check that out and pick up all of your favorite coins coins like Bitcoin coins like neo I think our markets looking very stable right now at the lower 400,000 the markets looking very stable the prices are starting to look pretty comfortable I know at first eight thousand dollars seemed to ridiculous but you know starting to look pretty good right now and pretty you know the fact that the last week we've basically been moving sideways we're preparing for a large run-up and I think we're gonna see that coming towards the end of February early March right and then heading on into April things going to continue but in August you know September October then November and then like early December I think that's when we're gonna see the peak all-time highs for these coins similarly to what we did last year now guys don't forget none of this is financial advice this is just for informational purposes this is my opinion on what's going on but I think coins such as neo are a great pick up right now if you guys missed down the opportunity to buy it at $68 you know 100 hundred dollars is not bad and my favorite right now one that I think has a ton of potential right now obviously you guys know the usual I think Bitcoin ton of potential aetherium I think has a ton of potassium is gonna pick up more dominance in the market as Bitcoin might keep it same dominance I think aetherium might pick up some more so just because a lot of a lot of new coins are using aetherium as a platform so that's one of the reasons and coins are like light coin I think light coin right now is getting undervalued I think there's a ton there's a ton of potential for like one to run up especially because it's there's so many more uses for it right they've come out with like pay they come out with their partnering with more people and a lot of people aren't talking about that but that's going to you know make more people use the coin which is gonna run up the price and I think like coin will recover into one of the top five crypto currencies in know top five market cap crypto currencies in the coming months hopefully by the end of the year I definitely think as it totally has the potential to be in the top five it's just a matter of what happens in the coming months but guys like point out $150 looks like a pretty solid pick up I might increase my position in litecoin and of course going down the list there's a ton of coins that are awesome and that a lot of you guys really like on this channel and a lot of the ones that I really like on this channel – you know I like Manero I like stellar I like me I like light coin I like card Domino I like Bitcoin I like aetherium not to be a fan of Ripple not too big a fan of Bitcoin cash what I also went out too big a fan of not too big a fan of tether if we're gonna throw that in there why not but Shawna's well a riskier play a much longer term play but also a very good coin so guys let me know what you guys think in the comments down below what are we going to see in the coming months do you agree with my predictions for the market in the days we're going to start seeing and the important highlighted days we have going forward in 2018 let me know what you guys think down below and also don't forget you guys might you might win some Bitcoin if you leave a comment now one thing I want to show you guys before we head out is a 454 s was in the thousand percent increase guys this coin hit a billion dollar market cap doing five hundred thousand dollars in volume so this is what we call a pump group this is most probably most probably organized by a pump and dump group it's you know they coordinate buying and selling the coin all at one time so it was over here and they were just like all right you know what pump right now this is the one we're doing it everyone buy in right now we have a target price of all the way up here which is was a 12 cent so everyone bought in at 2 cents and everyone basically 6x their money pretty fast and the thing was up so much it was up like I said in the thousands of percent in a 500 thousand volume literally changed I brought the market cap from like a hundred million all the way up to or even last 100 million even with the market cap was that right here was it yeah 100 million all the way up to 1 billion dollars so that's crazy do not fall for this and do not buy these coins idiot don't buy these coins first of all the buying of the green is already one thing it's great to buy on dips but behind coins when they're up eight hundred percent is a terrible idea that we I don't even know what this project is I don't even want to know what this project is it is not a good idea now guys let's just go ahead and move my head out of the way so I can pick a winner for the giveaway from last video fifty five unique comments you guys are killing it with the comments damn winner is let's go winner is young entrepreneur so guy if you if you are watching this and you guys want to claim this I don't know if it's a he or she I guess could be either one let me know also you don't have your wallet address so I'm gonna need your wallet address otherwise if he does not claim it or he or she does not claim it in the coming 24 hours I'm going to be picking another winner so make sure you guys keep your comment down below if the winners gonna be picked from this video if they don't claim it in 24 hours so make sure you guys leave a comment down below guys I appreciate all the support all the time we're almost at 10,000 subscribers guys thank you so much for watching I will see you guys tomorrow for another video


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