what is going on guys Patrick here bringing you a brand new video today
we're gonna talk about iota I'm gonna give you guys my price prediction on
iota we're gonna talk about the news articles that came out a lot of news has
been circling out I oughta actually recently so I want to cover this I don't
think I've covered this coin on this channel before if I have it was very
briefly so we're gonna talk about that today also guys I want to let you know
in the description we have a link to buy Nance finances where I pick up all of my
alt coins pretty much all majority ninety-five percent of my all coins you
guys can get head over here and pick up iota if you guys are interested also
before you start in the video if you are new to the channel and you have not
subscribed yet make sure to smash that subscribe button and hit the bell icon
to get notified every time we release a new video we upload videos daily we've
been killing it so far with a daily uploads so we'd love to have you as part
of the team anyways what we were talking about today
iota currently ranked number 11th it has taken a little bit of a dip there were
times where i ootah was doing significantly better than it is doing
right now it's currently at a six billion dollar market cap you know
everything with cryptocurrency so far has been going down um you know we're
seeing another bunch of red day's I don't know for how much longer we're
going to be seeing this type of movement before we start seeing things pick up I
am obviously this is very short term you guys have to think about in the long pay
and then in the long run you don't want to just see if you're good oh by the end
of January our coins going to go back up that's not the thought the thought is in
the future by the end of 2018 by the end of 2020 where are we gonna be and that's
where I'm really really bullish on it and that's where I think we're gonna see
a lot of progress with cryptocurrency so keep in mind this is only very very
short-term but if you look at a lot of the charts you guys can see even in the
last seven days the price graph for the last seven days all the coins
pretty much every coin is down from its all-time high so if you guys are
interested in picking up coins you know your favorite coins now would be a great
great time we have videos out on my favorite coins you guys know which coins
I'm mostly looking at you know I have Bitcoin it's eleven thousand it's
recently touched you know nineteen twenty thousand it's probably gonna test
all time hi again um we have Cardinal
Cardinal is also significantly down from its all-time high
we have I oh no we're gonna talk about today we got Tron which is down from its
all-time I a lot of coins are just down from its all-time high so if you guys
are interested in picking up coins now would honestly be one of the best times
to look at it but we're not gonna talk about that too much we're gonna talk
about iota today currently at 2 dollars and 38 cents 10 all-time high of almost
$5 $5 over five dollars five dollars and 15 cents
like I said six billion dollar market caps so at its peak iota was at a 1213
billion dollar market cap the reason I'm looking at iota as a as a big
front-runner going to the future is it doesn't have any fees that's huge a lot
of you guys know I know Bitcoin solves the whole Slyke decentralized issue we
have you know banks you have to go through banks they're centralized that's
where how you have you have to exchange your money you have to pay fees if it's
international you know the big debate raising cryptocurrency why everyone why
all crypto investors like cryptocurrency it's decentralized you don't have to
worry about banks but even with Bitcoin we're starting to see some pretty high
fees depending on where you're sending to and from what exchange at what time
of the day it is to be fair it honestly depends but there are some pretty high
fees at certain times you guys know look at coinbase coinbase if you buy on there
it's super easy but the fees are a little bit higher which a lot of people
don't like now if we look at the iota website they are scalable great good
good good decentralized good good good modular okay and no fees great right
decentralize is great no fees is fantastic everyone loves no fees now
where are we going to see IO to go in the near future like I said everything
is that right no surprise this is not supposed to scare you this is simply
supposed to be a great entry point for you if you are interested in picking up
iota if this coin at the end of this video is a coin you are interested in
picking up no turbine ants transfer some Bitcoin on there and start purchasing I
hope you know obviously everything I say totally my opinion
not financial advice you guys should do your own research all that good stuff
I'm just saying if I were to want to buy iota right now I would see it's at a dip
I would purchase it because there's no reason why we can't see this hit a fifty
billion dollar market cap going forward right there's no fees if there's no fees
the circulating supply is its maximum supply the volumes looking pretty steady
um could be a little higher but oh well but there's no reason we can't reach
like fifty billion dollar market cap right think about it if we just go over
here that would put us in line with Ripple right or a you know half of
aetherium or basically 1/4 of Bitcoin one like eat the Bitcoin at its all-time
high right there's if the cryptocurrency mark I say is there a video if the
cryptocurrency market keeps getting bigger and keeps growing which we expect
it to or at least I expect it to there's no reason these coins aren't all going
to reach all-time highs now what I'm doing in my portfolio right now I'm
honestly keeping it so simple I am buying my favorite coins and I'm holding
them and every time there's a dip I buy more of my favorite coins or some new
coins that are then my favorite coins and I hold them that's honestly all I'm
doing I do want to start getting more into you know trading of maybe like
weekly monthly trading I don't have time to day trade but weekly and monthly
trading I would love to start getting more involved in that but currently I'm
honestly just holding like I'm just growing my Bitcoin portfolio I'm growing
my io2 portfolio my atheria my card I'm just growing everything and it's
honestly one of the best things you can do because cryptocurrency is so new if
you just hold on to the best coins they're going to go up in value that's
pretty much again now let's talk about the two articles I know we talked a
little bit too much before about rambled about the markets it's important to know
where the markets are every day though let's look at the two articles so the
first article we're looking at is the Volkswagen chief a digital officer joins
blockchain nonprofit board so the iota foundation a non-profit blockchain
foundation for the Internet of Things has announced that the CEO of Volkswagen
Jo Johan I don't know our house last name well join the Supervisory Board
effective immediately so what is this saying we're just
starting to see more big names just hop onto cryptocurrency a lot of people were
you know bashed it at first and a lot of people have changed their minds some of
the billionaires in the world first said bad things about Bitcoin now they're on
board and you see that like a great example Mark Cuban is just I don't know
if it's effective immediately or what's going on but I have heard rumors and
news articles that he is planning on accepting Bitcoin when it comes to
paying for dallas mavericks tickets right the basketball team the NBA team
that he owns that's huge and I don't if I'm not mistaken Mark Cuban wasn't a big
fan of Bitcoin when the whole thing started when it started being talked
about it's you know things change and we're seeing that more and more we're
seeing more big names come into Bitcoin and the more big names we see come into
cryptocurrency in general obviously not just Bitcoin this is with iota but the
more big names we see the more trust people the you know society gets with
cryptocurrency and the more it's going to start getting more and more accepted
in today's world so the fact that we have you know one this is a huge car
company one of the biggest car companies out there the fact that they're chief
digital officer is you know getting into iota this isn't a small position either
right the CEO is in a small position um it's not as famous as the CEO it's not
as big as that but it's certainly not a small position and he is then going into
a blockchain into a cryptocurrency that is very big for an iota especially long
run very big for iota now this is one of the good news that was involved with
Iowa one of the bad news we've recently had is the iota wallet hackers made off
with four million dollars now before you get you know started thinking about this
before you start bashing iota there's some important things you guys have to
keep in mind the first thing is there wasn't really an actual hack right from
what I understood there was no actual hack so we're gonna take a little you
know look over this a little bit and kind of at the end I
have my conclusion but I want you guys to have your conclusion on the topic as
well so just weeks after the digital wallet provides mr. stellar lumens was
hacked another all coin wallet has been hit
it was iota estimated four million dollar tokens were stolen right so the
most important part of article is right here some inexperienced user went to a
website users went to a website that was listed in Google Ads to generate a
password as a consequence they essentially gave their passwords to the
website I iota technology has not been affected at all so basically as long as
people are gonna give I heard a hard time always he they're gonna say oh I
owe does not secure but if you start doing more research there wasn't
actually anything to do with the security of iota it was more of you know
inexperienced users got tricked into adding into putting in their password or
tricked on a website to generate a password pretty much giving that website
full access to their information so that's very unfortunate but that is
something we see a lot in the world of cryptocurrency being at that it is so
new it's not you know I want to say it's not the inexperienced users fault but it
kind of is their fault at the same time if it was you I'm honestly so sorry that
this happened use this though as a learning experience
everyone makes mistakes in their lives use this as a learning experience don't
let it happen again for the future I guarantee you you are going to be more
conscious of this type of thing that's how I learned at least in school if I
get something wrong in a test chances are I won't get it wrong a second time
but yes so I'm not gonna bash Toyota for its security obviously I still think
it's very secure it was just an unfortunate situation that caused so iil
wasn't hacked certain wallets weren't even hacked they had their password
given away so you can't really say that they were hacked but yeah guys I I like
I own up I like the no fees currently ranked number 11 far away from its
all-time high like half of its all-time high lost 50 percent so this might be a
great entry point for you guys looking to get into iota if you want to buy it
click the link in the description to finance you guys can head on over and
get your coins no fees like I said that's one of the
the things that strikes me the most I'm very very excited about that and all
this fun has caused the price to go down obviously this isn't gonna help their
price but if you do some research you understand that it wasn't really their
technologies fault so that should mean that technology will bounce back there
was no real reason for the price to fall and at the end of the video obviously we
want to I was gonna do this in the beginning but I know a lot of people
were here just for iota so if you stuck around to the end of the video you guys
are awesome we're gonna buy some more hash rate because I haven't been doing
this on camera we're trying to grow to $1,000,000 we need to sign back in one
second alright guys so we are back in to our hash flare we're going to reinvest
because that is what we're doing on the road to $1,000,000 how much did we spend
we got basically $14 so roughly $7 will use 6.6 it's going to have to be
reinvested in order for us to keep growing our portfolio let's go
select payment method pay from balance confirm confirm and just like that we
should have our money right a successfully purchased 10.6 a
tear hash slowly growing but guys really it adds up this is you're looking at
this in the day-to-day don't forget once we look back in like six months and we
look back we're gonna be at a lot more tear hash and we're gonna be laughing at
this day when we're just like man this is going so slowly so keep that in mind
it good luck with all of you guys investing in hash flow let me know down
below how you worried when you guys started what you guys are at now if
you're reinvesting let me know your stories down below guys thank you so
much for watching this video I'll see you tomorrow for another video
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