Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin show today is its hearty October October the 1st 2019 strong hand are your wealth in bitcoin one bitcoin equals one bitcoin offended by selling uncomplicated all conviction yes you get a new show here every day you even got a show on Rosh Hashana when I was not here it was a podcast show but hey you got it you can check out the archives at disrupt meister calm everything's linked to below if you want to watch yesterday's show tech balls calm again it was not it was not live because again it was Russia China so I was Russia Shah knowing it up I wasn't I found that like button but it was great Russia and it was great it ended earlier tonight so I'm back hello my elite friends check out this week in Bitcoin Caitlin long was on really awesome show disrupt meister calm and yesterday's show apparently I checked the super chat Tony traveler said strong hand and he sent twenty dollars dude that was very generous thank you Tony traveler and I'm I'm glad you like the podcast show that I put into video form usually I put my video shows in the podcast form but that was a little thing different yesterday I was in a rush preparing that show on Sunday before Rosh Hashanah so I hey if you're in a chat you type in a bitcoinmeister I'll answer your questions yeah we're doing questions here tonight late on the East Coast and conviction baby it is all about conviction a new show every day I that's what I'm bringing it to you guys and someone in the chat beforehand said they bought a Tesla I don't know if they were joking or not but we were joking we were saying one Bitcoin equals one Tesla because in the future one Bitcoin will equal one Tesla but how about this I say one Bitcoin equals one Bitcoin and a lot of people get that but if you don't get that why don't you think of it this way if you own a Bitcoin say put it in your head right now one Bitcoin equals one Tesla so why the heck would you want to get rid of your Bitcoin for $8,000 when you could use it to buy a Tesla in 2022 or whatever it may be okay so there's your deferral of gratification $8,000 now Tet or Tesla later that's your that's your marshmallow test pound that like button so maybe we should have that should be a new saying here one Bitcoin he goes one Tesla I think you guys get that pound it guys pound that like button so let's get to our first link here there is a nice chart and it shows between September 20th and September 29th Bitcoin I just charted of the Bitcoin that sold and how much people paid for that Bitcoin the previous time so there was a big but there was a lot of Bitcoin being sold obviously the price was going down in terms of fiat and a big hunk of that Bitcoin was Bitcoin that had been purchased between 10,000 and 12,000 dollars now it said heavy selling observed from Bitcoin that last moved between ten and twelve thousand dollars these are from shorter term traders that have weak long term conviction and are protecting their positions long her long term holders and and high price okay so people who have been holding on for long term for low prices like guys who have bought at $700 or $6,000 and people who had paid a lot of money for it 14,000 and above that those were hardly selling so this is a very interesting observation very interesting chart it does a better job explaining it than I just did so it's it's linked to below but if you were wonderful who the heck was selling oh it was a bunch bunch of traders they were protecting their positions they had bought between 10 and 12 K and then they decide that we cans they didn't have the stomach for it that's unfortunate that that's a loss right there dudes if they just had some conviction they they would not lose in terms of fiat it it returns to its all-time high always you just have to be patient people pound that like but let me see what we got in the chat here we have some just learned Bitcoin calm says strong hand thank you man strong hand indeed I see vention is in there tonight now Andreas Antonopoulos had a very interesting video a short one for all you dudes who like to do complicated things with your Bitcoin how about time locks do you want to do time blocks with your Bitcoin set your Bitcoin up in our contract where you can't move it until a certain day so you know you don't trust your own you don't trust yourself just to have it on your trésor like for some reason you're tempted and you're like oh I got it I gotta sell it now I gotta get all my treasures or no you need something called a time lock apparently so the video was about how do you hold your Bitcoin how do you make sure you don't sell your big point and Andreas was asked about time blocks and even though address is a master technically skilled dude he says he doesn't use time locks in fear of messing them up he doesn't want to use them okay because you could set up a time lock and say well here I'm programming this thing not to I'm not going to be able to move my Bitcoin until 2020 but you can mess up and turn that into 2120 and you can't undo it so hey guys sometimes you got to keep it simple and even andreas conveyed that even a master like him does not feel he fears messing up on something like that and he's a freaking genius so for all you dudes who asked me about complicated technical things you want to do with your Bitcoin don't do it just put on your Tresor watch that video and you'll get a better a better sense of what I mean here and roaming true says my chain analysis says that people who sold were the people who follow the magic charts yep found that like button that's a better chain analysis than the jail analysis chart that I provide should've just had you know this yeah yeah speaking of having you on the show Gaston Cruz who was on the show a few weeks ago out in Long Beach he says yeah in the chat someone says to come to beit knesset in Tarzana Ron Beck inviting me to go to synagogue in 10 – Tarzana next time I'm in LA well thank you dude I like to go awful a bria south of Santa Monica Boulevard is Tarzana in the valley I don't even know I know does Ben Shapiro go to your go to your Beit Knesset I know he goes to one in I know he gives the one in the valley because I know he lives in the valley and I know there's a lot of worth of Docs I've only been through the valley a couple times I was shocked like the suburban sprawl then I all of a sudden I like encounter these Orthodox synagogues and Orthodox Jews walking around really surreal the stuff you see in LA in the LA area man but hey thanks for the comment there Ron I've been obviously if I'm in Baltimore I'm going to synagogue in it bought award for this short period of time here I'll be in Sydney though Sydney starting the 17th of October so I'm only gonna be in Baltimore for two more weeks well that's going by fast rot let's talk about Ron Paul and litecoin of all things I get an email from litecoin foundation they're uh they're like coin summit that's coming up Ron Paul joins the 2019 litecoin summit in the past Paul has said I'm all for crypto currencies and blockchain technology because I like competing currencies I'm for copper Titian and we'll have to see with the market decides do you guys really think he knows like the difference between like coin a Bitcoin I wonder why he's really did he get paid to do this what but hey gotta give the litecoin boys some credit here they they got a big name there some people will like freak out and be like I want to see Ron Paul at the delight point summit I'm gonna go a little pay money go to like point something to see Ron Paul okay this is where the big boys play I guess that's good and so but I do wonder I I like that quote for Ron Paul I great that he likes competing currencies and that he's not a there should be more you know he's not a senator anymore or congressman hopefully the more congressmen will be like him and allow Libra to do what it's good US dollar this was a big boys play competed up compete with the cryptocurrencies but I do wonder what he really knows about great was he he had he had to here to put blockchain technology into that quote which again that leads me down a path wondering is he just saying stuff but he does understand a Bitcoin in general is a competing currency that's that's a good base right there but does he really get like coin then alright Johnny and n wah hey Johnny Johnny NY said he sent five bucks thank you nice to hear about your grandmother on the behind Bitcoin show value wealth in Bitcoin a pound that like button finally great to see you live yeah it's great to see you live – it's great to be back live it was great to see my grandmother live yeah the other day of course she's doing well here in the in the Baltimore area and I will see her soon hopefully when I mean I talked to her we talked to her every day obviously uh what do we have here the verge oh here now we're going to talk about Elizabeth Warren we talking about politicians today oh my god this is like a Saturday night show isn't it this is like beyond Bitcoin show by the way check out the beyond Bitcoin show it was a it was a good one this Saturday everything's linked to below again I haven't obviously haven't been on Twitter the last two days because it's been rushed Hashanah but I'll be back there Tech ball tch be alt all right so the verge they thought they were really cool because they they published leaked audios audio of Zuckerberg that he has Facebook meetings and he was ripping on a Elizabeth Warren rightfully so and he's not hiding from it either he's saying that yeah and this was the quote on the potential breakup of Facebook you have someone like Elizabeth Warren who thinks that the right answer is to break up the companies if she gets elected president that or she gets elected president then I would bet that we will have a legal challenge and I would bet that we will win the legal challenge and does that still suck for us yeah I mean I don't want to have a major lawsuit against our home government but look at the end of the day if someone's going to try and threaten something that's act that extra sense that existential you've got to go to the mat and you fight so dude I think Elizabeth Warren trying to break up she's got this break up big tech hashtag I think it's disgusting I think it's it's so statist trying to to basically take over a private business I mean that that's straight out of Russia okay I mean the Soviet Union is uncalled for but people in 80 percenters get behind it all Facebook's so evil no evil is when you're a government and use force against a private corporation but hey dude this makes me like Libre even more that he's bad-mouthing this woman rightfully so he's defending himself against this woman and III I wouldn't be surprised if she well obviously she doesn't like Libre but if she gets in the power she probably try to do some against Bitcoin to just to get these populist 80 percenters behind her is she's she has found quite a niche among the 80 percenters its Bosch the rich at all cost vilify the wealthy vilify the successful what has she produced in her life what does she produced it illicit seriously you might not like Zuckerberg you might not like Facebook they don't use Facebook that's where the big boys play I hardly use it although now you can go to facebookcom slash disrupt meister if you want to see my bitcoin meister page there I was I did that for you people that are on there it's still in its beta stage to say the least said the test version of my page I'm not working on it very hard there but yeah if you don't like him if you don't like Zuckerberg and Facebook they just don't use them but she she's she's got a plan that's her thing but I what is she produced and what does Mark Zuckerberg produced in life she wants to take away what he has produced take away his wealth because she she wants to win an election she's but yeah break up big tech that's her hashtag ultimate Envy it's just the ultimate envy and again I don't lie I like Bitcoin but this makes me what again like Libra and won't because I know Libra will get people in the Bitcoin yeah it's a centralized coin I understand exactly what it is but it's if it's it's it's clearly got a guy behind it that's willing to fight Elizabeth Warren so yeah he probably willing the fight I for again this this makes me think for all the people who are saying that Libra is not is going to fail this man can fight he's not scared and he didn't he didn't back down from the statements there's were private statements he made he could have said well this was you know made some excuses about it no he said they were true and good fight her well first of all let's hope she doesn't become president United States so he doesn't have to fight her but if he if he does great and so we'll move on to EOS here speaking about where the big boys play first of all like mentioned just send five dollars in the super check I Thank You vention I'd like to use Bitcoin time-lock option if it's available dude it would be awesome for giving gifts to volunteers like nephews as such yes yes okay the good point you make there if you're gonna give a small gift then cool experiment with the time-lock but don't experiment with more than you can afford to lose I mean if Andreas is afraid to use it I would I would definitely hesitate playing around with time-lock until you master it with a small amount all right so yeah it sounds it does sound cool for something like that that you described you give it to your 12 year old nephew and say dude you can't have this till you're 18 it's locked here's how it works that that would be cool but you don't want you don't worry mess up and like have it not unlock until he's a hundred and eighteen roma choo said how long before Warren tries to break a Bitcoin exactly dude exactly I would hate to be the Bitcoin foundation when she does know so obviously she can't do that but once when's she gonna say that who knows was she gonna have the Bitcoin to break up Bitcoin hashtag if she becomes president she probably will have something like that exactly bro meet you just because it's impossible doesn't mean she won't say she's gonna try to do it just to get the masses riled up and get get the Envy going hey but this is where the big boys play and she will fail but she's no big boy she will fail with Bitcoin at the very least she if she dares to try to control Bitcoin but she she won't be able to do that she can she can skate try to scare these tech companies and stuff but let Libra compete with the US Dollar Baby let it happen so a lot of people eeo settled with the SEC for offering and legal securities for 24 but so they paid twenty four million dollar fine okay they had an IC o—- awhile ago that's how they sold the EOC and then es was an altcoin flavor of the month I'm not a fan of Eos clearly I'm not a fan of you so I'm a fan of Bitcoin but all these people are like oh the sec only find them 24 million dollar are you a status I mean that's just like Elizabeth Warren Singh there's no difference from Elizabeth Warren wanting to break up a private company like Facebook and and you saying Yost should be fined even more money this should be fine Dean Ian should lose even more they should even lose more why because the EOS bag holders want to get bailed out these people were foolish enough to think Yost was the next Bitcoin that's not he owes his fault that's the the information was out there dudes the information this is where the big boys play if you bought yo sis your own darn fault now there's some people that did aren't us bag holders that just are haters of Yeo's dude my you want the government to interfere with a cryptocurrency okay just be proud of your own cryptocurrency in by your okra who cares what happens over it oh so you want the government done to kill us I mean that's what you're basically saying what why are you scared you shouldn't be scared this is where the big boys play so I hope though bitcoiners are going in that direction but Erik Voorhees has a very interesting tweet and I wrote I like it really sad to see so many in the crypto world upset that Yost wasn't fine even more by the SEC they had 24 million dollars taken from them some of you all are more like Elizabeth Warren than satoshi nakamoto pound that like button dude that's a great so think about that tweet guys it's linked up below read it again and I mean I'm no fan of Yost at all it was a flavor of the month I warn people about although all coin flavor the of flavors a month don't follow on all coins bitcoin is the next Bitcoin that people thought Yost was the next Bitcoin so they bought it they lost money they they bought it directly from Yost from I see oh who cares look the ico SBIC OSI you his personal responsibilities new counterculture 90% of them are scams we already know that if they want to if they want it do if people want to risk there's so many people have to learn the hard way 80% you're gonna do what they're gonna do I don't feel you know anyone can do the research anyone can understand no one has to throw their lives life savings in this stuff right away so I it's not not much sympathy coming from me clearly clearly and that for the government to interfere it's just it's it's a bad precedent and it's more like Elizabeth Warren than satoshi nakamoto and I think I I performed to be more like a satoshi nakamoto alrighty so yeah what are we oh here's a tweet from jeet and he's he he talks about coffee like I do a five dollar coffee 365 days a year is a thousand one thousand eight hundred dollars at eight thousand dollars for one Bitcoin your caffeine addiction is costing you point two three Bitcoin per year great way of looking at it it's funny people in that that thread were like you don't understand coffee is a social experience you have to live a little if for a year for a year dude you can't like save up eighteen hundred dollars to buy 0
23 Bitcoin to not use for like ten years and then in ten years you'll be able to have plenty of social experiences town that like button with with that Bitcoin the furrow gratification it's not that great I'm glad sheets on the same page I am no wonder I have him on this show he's been on that this week at Bitcoin show before check it out this rotmeister calm a great guest the most underrated man in in social media cryptocurrency right now is Jeep you got to follow him on Twitter he's linked to below and finally this is from Scott Melkor and I'm gonna check the chat in a second if you truly believe that bitcoin is going to zero then you should sell everything and move on if you think it will break its all-time high at some point in the future then start buying really simple yeah I agree I agree if you think it's going to zero then to sell why are you even in this if you think it's going to the all time I get Ian Allen dudes yeah get in now and that this reminds me of something scott adams just said he said it's the direction that matters I said I wasn't talking about Bitcoin but it is the direction that matters for for everything I said ever so what direction is Bitcoin going in well some unusual dates it's going down this last week that's short-term thinking there long term what is bitcoins direction what is bitcoins Direction long term it always is regained its all-time high in times terms of Fiat also long term one Bitcoin equals one Bitcoin note long-term one Bitcoin equals actually more than one Bitcoin because you're getting your crypto dividends also you're getting your your if you hold your Bitcoin you can claim your airdrops and your Forks so one Bitcoin over the long term is actually worth more than one because you turn those airdrops and forks or scrip the dividends into more Bitcoin so it's the direction that matters and the long-term direction of Bitcoin it's a positive direction it's a positive direction but it takes some with a long-term view to see that direction a lot of people are short term people and they they're eight they see go in a negative direction and perhaps you know and last week of course it's dropped in terms of Fiat but you gotta look beyond the short term here all right let me Oh venture said I'll consider a coffee edition after we exceed the all-time high okay and I just skipped something here mention said that there was somebody else that said no there was a heck a Rome and I already read that all right dudes that's it oh we're on week you said one more thing hold on to that point two three Bitcoin can buy a coffee plantation okay yes hold on to that point two three a Bitcoin until you can buy a coffee plantation how about that okay one Bitcoin he goes one Tesla i'm adam meister the bitcoinmeister the disrupt meister oh I had the worst thumbnails in the space that should be a saying of my two worst thumbnails in the space and the best guests in the space no fancy sensitive graphics I'm a device you think my advice you disrupt meister and you gotta make fun of yourself don't take yourself seriously remember subscribe channel like this video shows for you check out the links below pound that like button actually you can bang that Bell button but it's probably better just a bookmark my channel and just check out my channel every day I'm someone actually said they don't own a video that had nothing to do with Bitcoin I think it was thinking ape I'm not sure someone like that yeah you can bang the bell button if you wanted but if you really want reminders of when I go live just bookmark my page and just check it out every day because every day there's a new video so that that's that's a better way of doing it okay and click on all those squares there I gotta get up early tomorrow alright like this color shirt see ya
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