00:00 - 00:05 | My friend called me early in the morning,.. "Hey Resitas!" |
00:05 - 00:07 | "Bitcoin is crashing! Come quick! Look!" |
00:07 - 00:10 | It was so early, still dark outside. |
00:11 - 00:16 | But okay, lets see whats going on. So I check the news. |
00:17 - 00:21 | Another Hardfork. |
00:21 - 00:24 | Again. |
00:29 - 00:31 | Again. |
00:31 - 00:34 | In just 4 months they split the chain twice! |
00:38 - 00:40 | Again |
00:41 - 00:47 | After the first fork, with the creation of new altcoin BCash, it really divided the community, things were more complex. |
00:47 - 00:50 | But this time, there were no scaling issues. |
00:50 - 00:56 | So I look up the name of the new altcoin: "Bitcoin Money" |
00:58 - 00:59 | My friend said |
00:59 - 01:01 | "Bitcoin Money sounds good" |
01:04 - 01:06 | Then he proudly told me |
01:06 - 01:08 | "Guess what, I'm all-in on BMoney!" |
01:13 - 01:14 | Again. |
01:14 - 01:16 | He also went all-in on BCash back then. |
01:16 - 01:20 | "This time I know what I'm doing" he said. |
01:21 - 01:27 | I asked him if he's sure he needs a new shitcoin. |
01:35 - 01:36 | And he sends me an article |
01:36 - 01:39 | "Why BMoney is the new Bitcoin" |
01:41 - 01:44 | Ok, but seriously now.. |
01:44 - 01:47 | if you read a good article about it.. |
01:47 - 01:49 | then it must be good and |
01:50 - 01:53 | you should put all your hard earned money into it. |
01:54 - 01:56 | "Sell your Bitcoins" |
01:56 - 01:58 | "It's going to crash." |
01:58 - 02:02 | You better trade it with a shitcoin instead. |
02:05 - 02:07 | Again! |
02:10 - 02:11 | And then.. |
02:11 - 02:13 | And then he.. |
02:15 - 02:17 | And then he told me about last night |
02:17 - 02:20 | "Bitcoin crashed from 4400 to 3600!" |
02:21 - 02:28 | "It's probably going to be the end of Bitcoin, because BMoney is 2 seconds faster" |
02:29 - 02:30 | - He said that? |
02:30 - 02:32 | Yeah, he sure did. |
02:36 - 02:39 | Right after ending the call.. |
02:40 - 02:42 | I bought the dip. |
02:50 - 02:55 | Can't believe people keep falling for this stuff. |
02:56 - 02:58 | What is your advice? |
02:58 - 03:04 | Simply HODL Bitcoin, we got Lightning Network, Schnorr signatures and Rootstock coming up. |
03:04 - 03:09 | That means more privacy and smart-contracts with Bitcoin. |
03:09 - 03:11 | HODL to the moon |
03:16 - 03:20 | Don't sell your Bitcoins |
03:23 - 03:26 | Don't leave them on an exchange either |
03:32 - 03:37 | It's that simple, that's all you need to do |