ELON JUST SAID TO INVEST! ANOTHER COUNTRY JUST LEAKED THEY ARE BUYING BITCOIN!

    how’s it going everyone it’s Sam a new country is mining Bitcoin and Elon must kind of indirectly said to go invest in that uh so I want to explain what’s happening talk about some of the news from today who’s buying who’s selling uh and cover some of the things that people don’t know about Bitcoin and who’s actually getting their hands on bitcoin if you don’t mind hit subscribe turn on the Bell notification underneath the video so you can see future videos just like this there’s also going to be a link to Marx underneath the video where you can trade crypto I just heard too that now Caspa is a collateral asset so you can trade different assets using Caspa as collateral so you can gain in your Caspa uh stacking you can do this with a bunch of other cryptos though too so if you want to trade let’s say the ethereum chart but with Bitcoin you can do that uh you can trade a bunch of different assets with a bunch of different collaterals and I am working on a trading competition with them here soon or a giveaway so you might as well go sign up get used to the platform it’s powered by trading view it’s an awesome platform there’s also a link to coin W as well in case you want to trade spot cryptocurrency if you just want to go buy some Bitcoin you can do this over on coin W neither of these have kyc right now so you can go trade to your heart’s content without everyone knowing exactly who you are and how much money you have there now this is important because I just saw I just saw Celsius um they had a data Leak with some of their uh information let’s see this cus de leak sorry this is a little bit off the cuff here but yeah they had a data leak data dump a couple years ago but apparently they just had another one here today like people are getting emails about it so yeah be careful it’s better if you don’t have any kyc uh in in this kind of scenario because then people don’t know your information right the only thing they would have is an email now I put this up because we talked about Gary gendler a lot over the last two days and it’s officially happened this is this is unfortunate but I had a dream about Gary gendler uh we were getting to know each other and I was trying to figure out if he was a jerk like he seems like on TV and plot twist he is so yeah let’s let’s move on from there that is Nightmare fuel right there but okay final 57 outflow of9 million so the ETFs did sell yesterday we actually had an outflow from Black Rock black rock had a $3 million outflow gbtc had a $29 million outflow I see some people saying that there’s an outflow only because of gbtc which it’s kind of the case like if you took it out then we would have net inflows but it’s a little bit misleading because there are other exchanges that sell every once in a while or that have money that flows out I actually just had a really interesting conversation with Fidelity I was on the phone with them and I asked if they were starting to push it to clients and they said no we’re not really pushing it to clients uh if someone’s already bought it you know then we can talk about it I did notice though you can margin those shares so after 30 days over at Fidelity you can take loans against or you can margin those uh fbtc or ibit ETFs so that’s pretty cool people will be able to take loans against that now we did get some interesting news Argentina will mine Bitcoin with stranded gas thanks to GDA so the operation is based in bajo Del Toro thermal power plant operated by ypf L it will power 1,200 Bitcoin mining machines to monetize stranded gas that would otherwise be flared into the atmosphere this is the first time the company has opened a mining operation in Lion America now keep in mind this is actually a a state-owned power plant facility or this is a state-owned ypf l whatever that is uh the company is stay owned or is owned majorly by the country and yeah this is bullish I mean another country we’ve we’ve known that um the president of Argentina has been very Pro Bitcoin in the past very anti- Central Bank and recently Javier Malay actually did go to meet Elon Musk and Elon said great meeting with President Malay and and I recommend investing in Argentina and then just a few days later they go and announce that they are investing in Bitcoin miners so you know who knows maybe Elon Musk is buying Bitcoin miners through Argentina I’m curious uh what the relationship there is but it is interesting so yeah kind of indirectly saying go invest in Argentina who has Bitcoin miners now they’re not the only ones that are mining Bitcoin here are a couple other countries Ethiopia to become the first African country to start Bitcoin mining batan actually is scaling up 6X their Bitcoin mining and they already had 21.3 xash this is a large amount that’s actually like a couple percent of the overall uh mining in the world so yeah they are all Mining and there are other countries that own Bitcoin too A lot of people don’t realize this but the US owns 200,000 plus Bitcoin China owns about the same UK owns some Germany owned some Ukraine Al Salvador Finland Georgia now a lot of these countries the top holders have it from seizures they’re actually taking Bitcoin away from criminals but the they do have close to a percent China and us I’m assuming they actually mine Bitcoin as well somewhere I’m guessing they have extra Bitcoin that they’re not telling us about because they probably want a strategic Reserve I mean we’ve we’ve seen and we’ve talked before before on the channel about softw the strategy of holding Bitcoin as a nation state and I think some countries are holding Bitcoin that we don’t know a lot of countries are mining Bitcoin and it makes sense for several different reasons you know there’s that whole conspiracy around software how it got taken down off the App Store uh or off the uh off the book store it is quite interesting um I don’t really know what happened there but I have some I have some conspiracy theories or I have some theories on it but I do think that it makes sense as well to mine Bitcoin because this is a way to get a large buyer of energy to start uh like power plant projects if you already know that you have a client that is going to pay you millions and millions of dollars a month it’s much easier to go build some large power plant right uh and it makes sense to go invest in these countries that maybe aren’t qu developed they have cheaper energy maybe they have abundant natural resources and then you can invest and get much cheaper energy and it can be the first buyer of energy in that area or a large buyer now I want to continue with some of the news around the market but first I want to talk about bits Gap now one thing that I haven’t talked about in a while are crypto trading Bots and that’s what I want to talk to today about bits Gap bits Gap was established in 2017 and has gained a live traction with over 600,000 users worldwide and more than 400 million in generated profits and billions in trading volume bits Gap also just released their mobile app so you can go on the App Store and download it here today bitsgap allows you to use trading Bots trading bots in cryptocurrency are basically software programs that automate the buying and selling of digital assets it executes trading strategies on behalf of a Trader and this can be helpful because you know a lot of people don’t want to mon the market 24/7 an individual can pre-program a trading bot to sell or buy Bitcoin when the price reaches below or above a certain level now bits Gap is really easy to use they also have some really cool features such as a DCA bot for trading Futures uh this is something that I’ve kind of done manually in the past but allows you to dollar cost average the Futures Market they also have a combo bot which combines grid and DCA algorithms to operate in Futures markets the bot leverages the full po potential of grid technology to take advantage of every Market fluctuation now recently they launched a mobile app when you use the link underneath the video you get a 7day free trial of their full featured Pro Plan and you get a 40% discount as well so you can check it out underneath the video of course they are a partner of the channel as always though make sure you do your research good news for FTX clients they are going to get back a significant amount of their money almost all customers of collapsed cryptocurrency exchange FTX will get their money back and more according to court filings FTX estimates that it owes creditors about $1.2 billion FTX said that has between 14.5 and 16.3 billion to distribute to creditors customers whose claims amount 250,000 or less will receive approximately 118% of the amount of their allowed claim the plan says around 98% of creditors will receive this compensation now a couple caveats to this it’s says that they’ll receive 118% of their allowed claim I’m not sure I I haven’t been following exactly how this goes I don’t know if you’re paid out based on what your crypto is worth at the time CU I know other exchanges did this where okay you had $20,000 when they went bankrupt or when they were shut down you had $20,000 but it was a full Bitcoin so I don’t know if they’re paying you that 20,000 or what the bitcoin’s worth I’m guessing it’s probably what it was worth when the exchange went down which is UN forunate because you could have a lot more if you just got your crypto back but this is still better than most scenarios that you know could have happened they’re still going to give creditors more than what they were expecting so yeah this is pretty good news for everyone that was involved of course it could have been better it could have been better but they did uh they were able to actually sell a lot of assets that were worth a decent amount like for example uh they sold anthropic which was worth $900 million uh they they sold their part of anthropic and keep in mind too that some of this money will probably go back into crypto I mean sure there’s some people that will just get off crypto forever they’re going to Count Their Blessings but some will probably buy back into some positions I believe this is being paid out in cash uh so yeah some people will decide to go buy back some of Bitcoin some of their cryptos for this next Bull Run and it could it could be kind of a pump at the end of the day the FTX pump now some people are buying like crazy recently uh we know that Mr 100 has been on a buying spree for the last year and a half but even over the last few days they’ve been buying a lot uh just yesterday they bought 500 Bitcoin today 100 Bitcoin already let’s just reload make sure they haven’t bought again uh yeah so just 101 today just 101 Bitcoin today but we know that they bought what 4400 or something like that a few days ago so yeah they continue to stack they’re up to 66,329 Bitcoin as their treasury I actually made a video talking about how I was doing that for rental property uh recently I’ll put that in the end screen if you want to check it out but there are other companies like butchers that are doing this all over the place and yeah it makes sense when you consider the implications of holding a large cash stack for a long time versus holding Bitcoin ather games this is a cryptocurrency that I invest in i’ I am invested in it they’re teaming up with Aether cloud so very close names they say their powerful GPU Cloud technology will enable us to offer seamless gameplay reduced latency and break into the lower end device Market together we we’re ready to revolutionize user acquisition retention and accessibility for gamers worldwide so this is kind of cool uh I’m investing into both of these projects actually so just wanted to give a little update there now mbase I’ve talked about this a lot yesterday talked about it it’s actually up 50% since yesterday maybe 40% since I talked about yesterday and I have been watching the reflection so this actually pays out into uh ethereum on base they give constant Reflections because the fees are quite low on base and so far I made about $15 in 2 days now of course it depends on your position but as of now I hold somewhere around3 to $4,000 worth of mbas so pretty cool pretty cool Reflections there now let me know your thoughts on all this underneath the video of course we’re going to have to continue watching Bitcoin cuz it is at a key key key support if you look here we have been rejected several times by this line and now we’re just we’re just testing it at this point it doesn’t seem like we’re getting a a big bounce off of it you can see we’ve hit it several times uh we bounced off of it here we got close to here then one two three times recently here I’m curious to see what happens you know what have to watch throughout the day but I would not be surprised if we get an explosive move either down or up past this line cuz a lot of people are going to be watching it thank you so much I appreciate it let me know your thoughts on all this underneath the video you can check out bits Gap and you can also check out the link to Marx I’ll see you in the next video

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    25 Comments

    1. Boldly converted all my Solana to $WNP Token, putting my faith in its potential in 2024. Excited about the journey ahead and the possibilities it may bring. Let's make this investment count!

    2. I have a strong positive impression of Winp Token. The team's transparency and clear communication have been refreshing. Looking forward to their continued updates.

    3. Took a bold step by converting all my Solana to $WNP Token, and I believe it's a bet worth taking. Looking ahead to 2024 when the project is set to flourish. Exciting times ahead!

    4. YPF is an (Argentinian) petrol and energy company like Shell, Exxon or BP. The letters mean Yacimientos Petrolíferos Fiscales; English: "Fiscal Oilfields". Annual Revenue about 19 Billion USD.

    5. So if someone had sat 10 BTC instead of them just giving you back your 10 BTC they will give you what BTC was back then so instead of having 630k you will get 150k. Yeah that’s better then nothing BUT WHAT A WAY TO STILL PHUCK PEOPLE

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