🚨WARNING!!! IS THIS THE BIGGEST BITCOIN FAKEOUT OF ALL TIME OR HUGE BUYING OPPORTUNITY?! We will discuss ALL of this in Todays video!
💻 Bitcoin, the Altcoins and the entire cryptocurrency market, it is a sea of red today.
In the rest of this video, I want to share with you what's causing this, what's happened and what can potentially happen next.
And I know when the red comes, we've had a lot of euphoria lately and everything has been pumping, and going crazy, it kind of catch you off guard...
Watch this video all the way until the end for bonuses and subscribe for daily Crypto YouTube videos!
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00:00 Warning! Biggest Bitcoin Takeout of all time... 01:06 What caused this Red day? 02:13 Portfolio updates 03:02 Huge volatility 03:50 What's going to happen next? 08:11 Market update 11:10 Join the class and VIP group 11:47 Wrapping up
✅ BITCOIN
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.
On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”
Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin.
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DISCLAIMERS: Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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