Hello everyone this is Adam Meister the bitcoinmeister the disrupt meister welcome to today in bitcoin today is August the 12th 2017 buy and hold resist that temptation to sell at these high prices people this is when you really have to have a strong hand get rich by desiring little pure commitment to Bitcoin alright crypto HW wallet comm check them out get your trace or a ledger nano all that good stuff and the awesome leather cases for your storage devices I'm holding one here now in Dublin Ireland and you are going to see me right now with it in my hand a leather case for a storage device yes it's dark if they say crypto Hwy light on them they're really cool and they are available at crypto hw– wallet calm we have a lot to discuss on today's show so let me close that window real quick and let's get this party started as they used to say in some other decade alright so thanks for the person who sent me – a few days ago and I want to say today I was at a financial event in Dublin Ireland there were people there who knew me from and we taught there was a cryptocurrency segment also to it and it was pretty interesting it seemed like most of the people who were at the financial event Wanted were just interested in crypto currency at least a lot of them which was really positive and there were some people who knew me from the channel hello guys maybe you're watching it was really great to meet you some a longtime viewer especially it was really an honor to meet you and thank you for the compliments and being a buy-and-hold guy and he's a big towel he actually knows a bench and big towels so eventually I'll probably talk to that guy soon what do we have here oh I will be in Quebec City so I'm obviously in Dublin Ireland right now being in Quebec City starting all you the 17th you know if you want to hang out email me at Adam at traceur helpcom and we can set something up it's gonna be a file be there a month so hey it's gonna be cool hey the strong hand is really paying off lately isn't it everyone I mean Bitcoin almost got up to four thousand dollars today and that's pretty exciting and and if you're happy is probably because you held on to your Bitcoin you never panicked you had a strong hand by the way we had great this week in Bitcoin yesterday we Frances was on timing picks in new guests from uh South Africa Who am I forgetting oh yeah Benny but BTC Benny was off it was just great I it's linked to below please watch it it was one of the best shows we've done and a lot of insight on what's going on with the be cash iteration and if you're scared about segue to X you probably won't be very scared after you watch this the guys did a good job explaining why this thing is neutered and be cash helped neuter the possible 2x hard fork and it's a 2x hard fork happens then yeah whatever it's it's just another off coin just another altcoin I keep on saying out key words I forgot to put in my description off coin and trades or must be added or I found that like button if you like Adam stating what's in his head when he's just randomly thinking about what he needs to be in his notes alright so I linked to a Dan dark pill tweet according to a via BTC CEO segue to X is not going to happen all right that is a rumor I cannot translate Mandarin Chinese it was translated from Mandarin Chinese obviously they it the likelihood of it the actual heart fork happening has gone down with this be cash thing sticking around maybe they're all gonna jump on be cash and that is how they'll cause they're FUD so and that will help the price of B cash if you're wondering but they who knows if you care about that remit and hey by the way remember earlier this just a few weeks ago months ago I was talking about how August there was going to be a Bitcoin hoarding and so now people are starting to ask is there or not Bitcoin out there now is that why the price is going up so much because all of a sudden there are a lot of people who want it and they're willing to pay and people aren't willing to sell it for whatever reason they're not willing to stop because they haven't split there be cash off yet because it's going up in price because they just don't they listen to me and our golden holders or buy and holders or just like just you know hoard their Bitcoin who knows but there there might be some real hardcore Bitcoin hoarding going on right now and that's only gonna boost up this price or we're gonna hit the mythical four thousand I think we in some places might actually hit it today but that doesn't mean we've got to be there for a little while to really hit it and we got up to thirty nine hundred real solid today from what I saw so since it hit four thousand so fast it makes you feel good it makes you feel real good alright someone just sent five dollars over there in the cat I got to recognize them angry artichokes wealth consists not in having great possessions but in having few wants Wow wise words right there people possessions they don't mean a thing but if you're satisfied if you don't want things if you if you're disciplined and you don't desire what another man has if you don't give into society to the hype of consumerism and what I buy every single thing you have you have true wealth and you have you know self control I want to say when I arrived at the airport the other when I arrived at the airport they had this banner for me here it says welcome bitcoinmeister and it's got like a pound that like button thing there you see there's the there's a thumbs up it's hard to see but it was really nice I mean that's really nice to have a welcome back you know when you get off the plane and trust me it's a play there was a lot of playing drama thanks to wow Airlines cancelling my flight and making me a day late late but to get here in Dublin and lovely Dublin Ireland where people are very nice and see that sign when I got the plane I want to show it I didn't obviously this weekend Bitcoin didn't have time to show it but the people who did that were very or very very nice people or fans of the show obviously very generous people and they worked they were if you were at the event today you met them just good people here in Dublin and again the person who you know allowed me to go to this event today is an awesome dude he actually gave you a silver dollar present I have it right here so now look guys I have a silver point for all these people who who wanted you know ask do you precious metals well yeah there's a it's a silver point apparently so that's that's really cool all right so back back to this back to the show all right toward Meester has a tweet out there coin what they saw a 10x year-over-year volume increase he heard similar rumors for several Western exchanges Japan South Korea and even higher multiples okay and and this was actually in response to another tweet that says exchanged coinbase exchanged five times more digital currency in the first half of 2017 that it did in all of 2016 okay so there's there's a lot of Bitcoin action going on there's a lot of crypto currency action going on I mean today you could feel the interest there were a lot of newbies around there and just people want to get into this thing they've heard about it CNBC is saying elastic good things about it we'll get into later the show who else is talking about some funny funny dudes out there panned out like button people thank thank you very much for watching I guess this is a good this is a good time where a lot of people watches eight o'clock out on the East Coast here in Dublin it is 1:00 in the morning great all the time alright here is but everyone knows this already but I wanted to comment on it tweet that says bitch Phoenix is suspending trading of ICO tokens generally in response to the sec for US customers all right I mean this was bound to happen I just wanted to say they the United States is looking into regulating icos or whatever and so other so these exchanges that deal with icos don't want to deal with the United States citizens anymore because they don't want to get in trouble with our government this is just something to consider when you hear someone say well they've got the US government will get involved so there's be prepared and some people all know why would the US government try to regulate this is in a different country well they they have their ways now I'm not saying get paranoid about the US government like shutting that bitcoins they can't do that but um they you scare financial institutions financial institutions that are trying to stay like a hundred percent legitimate they don't mess with the US government so I was thinking about the other day litecoin and it's unfunny I don't I'm not an i co fan I don't think I think people should learn from losing money they shouldn't be forced by their governments not to do something they should lose their lesson by losing money and then they should not be bailed out by our government or by you know maybe we can ask a friend for some money but I'm not here to bail them out i I'm you know if you refuse to listen and learn the lesson the hard way the government shouldn't be making stuff like that virtually illegal or thinking about it anyway is litecoin and be cash how do they relate to each other I mean I I noticed at one time when one why not one went down logically that should happen because they're vying to be the backup of Bitcoin which one is gonna be the backup of Bitcoin I mean litecoin obviously is that one but you've got be cash trying to use that name so but be cash isn't trying to paint itself as the silver either so those two coins shouldn't be going up at the same time in a sense they really are very similar to Bitcoin and do you know have right now they're faster or something like that so anyway I mentioned only this weekend so keep an eye that one go if they start to not follow each other in price but again we don't have a logical market now I mean people are buying these things for illogical reasons especially be cash Oh God who would buy that like I will get to that in a second all right so Frances pulo of Montreal who was on the show yesterday he again he's got to be congratulated he and his buddies in Canada are now again promoting something they thought of a long time ago did that what defines what an altcoin is and what the real big point is so they're just drawing a line in the sand that this is Bitcoin this is not Bitcoin you can fork off and you can do your own all coin and on the show yesterday we were just talking about I mean how it's good that be cash is just chugging along right there but it's everyone knows it's not Bitcoin it's just setting this precedent where if the two ex guys dare do a hard fork it's just gonna be an all coin there is it's not contentious it's not no one has a claim to Bitcoin but the real Bitcoin now and it's for various reasons it's because people who know what they're talking about are gonna call Bitcoin Bitcoin but also the people who have no idea what the heck is going on I'm just gonna call Bitcoin Bitcoin also they see something called Bitcoin atom they're gonna what the heck is that or I'm a little confused but I already have this Bitcoin from coinbase so it's we've lived through this we experimented with this and it is a unique way to distribute your altcoin you can't deny that and the more the mayor get if I discuss this back in March when I came up with a friendly fork concept that you know they should just there should be coins that if they think they can compete with Bitcoin then fork off a Bitcoin and do your best but you're gonna be an altcoin anyway but you're gonna get yourself distributed in a pretty cool way for free you're gonna end up with exchanges cooperate you're gonna end up as a point given given the people as an air-dropped to everyone who owns Bitcoin and that's uh that's pretty cool and thus if you're being given away for free why would you buy it newbee why would you buy it anyway and I don't care if it goes up in I got you care if it goes up I praise because I still haven't split mine yet so whatever that would be nice but if it doesn't go up it price whatever I'm just paranoid about splitting my Bitcoin and on this trip I do not have my Bitcoin with me actually so all right I watched the Bitcoin group from Friday on world crypto Network and one cool thing they were talking about The Linde effect in Bolivia effect is a concept that the future life expects expectancy of some non perishable thing like a technology or an idea is proportional to their current age so that every additional period of survival implies a longer remaining life expectancy so they were talking about Bitcoin saying you know Bitcoin has survived this long it's gonna survive a lot longer because everyone keeps thinking is going to die and the longer you survive the longer you survive despite the odds the longer you're going to last is what they're saying and this in this lyndie effect and I actually see that with be cash I mean a lot of people were seeing seeing be cash instead of you know drop the five including myself out I thought we've dropped to five dollars and at least in 72 hours after it was created and it didn't and we if you if you're a be cash hater or whatever and I mean obviously the people behind it we're didn't do it in a friendly way but it's here and it appears it's here to stay because it keeps on lasting like the Energizer Bunny it keeps on going and it's sticking around point oh eight or 0

1 or 009 BTC whatever the heck it is it's so I thought the lumen the effect for that actually BTC catchy the exchange that disappeared they got shut down that base I don't know what happened when other rumors that it's coming back and that they're gonna issue tokens from this well one we already know don't store your never store your coins on an exchange okay lesson if the government shut this down and they're gonna operate it again and they're the ones we want to operate this now play with BTC dodgy it could be just a way for them to because people the the rumor is the reason the btc-e got shut down was because of money laundering and this might just be a way to figure out well who were the real customers that were laundering money just so whatever government shut this down and get a list of names so I would be careful you know if you lost like three litecoin or you know $100 worth of something I don't think it's worth your while if they open btc-e again to like give any of your personal information you probably should take the $50 or $100 loss and be happy with it I don't know btc-e is really coming but up back now but people have told me yeah you should everyone should just if you lost money for vtc deskey get used to it just get used to it right if you lost money and it does come back you real care for what you do it's only information you give it over there but you might be putting yourself on a money launderer list and yet probably don't want to do that so Charlie Lee had an epic reddit I missed I think he must have found this when I was in the air and so maybe some of you have heard of it I link to it below okay but I'm gonna read you some quotes about it because people always ask me about litecoin Adam Adam what do you think about litecoin what do you think about litecoin and I don't think that much about but I think we Charlie Lee thinks how about that so this is what Charlie Lee said if you expect me to pump like coin to make you rich I am NOT going to do that I do not work for you you are not investing in a corporation where I am the CEO and I work to make investors money this is not how decentralized currencies work again newbie this is me adding this now if you're new to this decentralized currencies that's why we got into this thing people so if you're into some centralized currency what are you doing but anyway back to Charlie's quote if you don't appreciate that and don't like it then please sell your like coin okay he also and there's more to it but another thing that he says that I liked my vision for like Corinne is always silver – bitcoins gold that's not going to change I will be touting that whenever I can now remember he is the creator of light point for your new people out there this is the creator of light pointing say it being so honest is he is like the most honest man in cryptocurrency okay he litecoin is always silver to bitcoins goal my vision for likens always somebody big phones gold that is not going to change I will be touting that whenever I can I see light coin working side-by-side with Bitcoin to address the need for decentralized currency I hate to break it to you but light coin will never overtake Bitcoin I'm gonna repeat that hear what he just said no matter how much okay I have to break it to you the light coin will never overtake Bitcoin Bitcoin will always be the king again this is the founder of light corn saying this bitcoin will always be the king no matter how much I want that to change it's not going to happen so again all you people out there who ask me about like corner ask me about whatever a coin you have and you think it's going to overtake Bitcoin you think I'm going to say it's going to do that and you think if I say it on my youtube channel that it's gonna help it isn't it's not going to happen the founder of litecoin is saying to his coin which is like the second best coin out there on many different levels it is the silver to bitcoins gold it isn't they didn't baby cash is trying to be that probably but like coin is it it's not changing it's not overtaking bitcoin and no matter how much I wanted to he wants to change it it's not going to happen and then back to the quote I'm gonna find the cat and we'll work toward the future we're both bitcoin and litecoin are used by everyone all right so you know there can be cooperation in this space pound that like button if you like cooperation and that's not saying that like coin won't go up or whatever but I mean and someone just gave me $2 SDR from China and now allowing Americans to buy okay yeah I don't like when Americans are not prevented or prevented from buying things I think that is not nice America anyone on the earth that money is freedom money is freedom and it should not be garnished and try to take away our freedom thank you ACU five for your tip and it people if you like to do these super tacks and send tips I appreciate it I really thank you guys people been doing that a lot it seems to be a trend I know people don't want to give away their a Bitcoin I don't blame him I don't blame that today we were talking at the conference someone was a guy who is actually in the chat sometimes he was he was at a conference on men and he said no III wouldn't spend money on coffee when the coffee in a year I'll look back I'll see how much I paid in Bitcoin it's gonna be like $100 or I paid $100 for a coffee I mean it's it's it's ludicrous it's it's a it's the gold I mean it is it's it's a story whore it for the Hornet I also want to say that there was a the word blockchain was being thrown around a lot today which is interesting used to kind of make jokes about that the speaker was one of the speaker's was from a corporate a very corporate environment and was talking about internal blockchains and he was a nice guy and everything I'm hit his company works to establish private blockchains I say internal blockchain says I am thinking about intranet versus Internet and how in 1997 they thought that intranet was going to be the big thing not internet you got to have an intranet this is this this is the same comparison we have now these private blockchains a days it's not about private blockchains it's about the public blockchain is about Bitcoin all right so bill still who has been on my show before he has a new show out there saying that a Bitcoin can hit $100,000 in 2021 all right and reason I don't usually say things like that I don't want get people too excited but he has definitely changed his mind people the people who follow bill still and they're quite a few you know bill still I can see that he was really down on Bitcoin for a while he came on my show I didn't change his mind but he did soon change his mind afterwards he got everyone knows he got scanned by quark back in the earth now everyone knows that actually in the early days and there were a lot of really obvious up coin scams well it became obvious at one point he got he got scammed by these quark guys so and he had left a very bad taste in his mouth and that happened to a lot of people and it sucks that happened to a lot of people because they didn't hold on to their Bitcoin does now worth almost $4,000 so buy-and-hold pound that like button alright so we just experienced Friday now and it was like the opposite of fun Friday these last two Fridays it's been fun Friday so what a difference a couple months back to make we remember back in March well if those of you who are not newbies because there's a lot of movies that are coming around but back in March there was so much fun and we were dealing with king of the trolls and and there'd be many Fridays where just a price would drop and people would be down but I told you have a strong hand people I linked you a Craig shift Craig ship craig ship video below and craig it's an interview that we did not the one that i uploaded here but when he uploaded so it's funny it's it's kind of it's very quirky it's very quirky straight out of baltimore type of weird stuff I mean it actually was Craig's idea I wish I could say it was my idea because I I try to have wacky ideas like that so I'm not I'm not dissing Craig I love I loved it but you know the person who interviewed me was very interesting and it doesn't have that much to do with Bitcoin at times and maybe it'll just attract some Outsiders the Bitcoin it's it's funny and a lot of you are gonna be like this is weird this is weird okay whatever if you think it's weird you think it's weird but I think it's it's big it's quirky and Thank You Craig ship you are awesome you are awesome you are awesome he and obviously people love Craig shift because his camera is a lot better than my camera hey but if you want to buy me a camera people you could buy me a camera right yeah I don't get my good cameras I'm always check I'm always traveling it's really hard to schlep around all this stuff from like continent to continent it's not that it's so I have an extra piece of equipment you know you know if you want to give me if you want to give me something that you think is lightweight or whatever I don't have time to even research and stuff and to me it just listen to these videos I still can't understand why any of you in this 95 percent or 93 percent male audience want to look at me really I have no idea why you want to look at me let me a serious if you are I mean if you'd like a look at men and I'm a good-looking man and everything by game most of you don't like to look at man I assume I mean like most guys are attracted to women at least in my experience so okay but don't value your life in women and getting their approval okay we're getting off on a tangent so uh all right a client of mine I had that I had to say this and this is important for new people out there a client of mine made a huge mistake he sent his etherium in a rush to try to buy an ICO okay he sent it to some exchange and he comes to me he's like I lost nine ethereal you got to help me out here I sent it to this address and I just thought about it for a while and I said wait a second to you check your exchange what's your aetherium classic address on your exchange sure enough he had sent it to his aetherium classic address so guy and now he's got a bag his exchange to put his aetherium that said as a fearing plastic address which obviously is also aetherium address but one that he cannot access into his ethereal address that he can access at the exchange take it slow people make sure when you send your aetherium to an exchange you send it to a theorem and not a theorem classic it's a mistake that people make Oh don't send nine aetherium at once either it's a probably good idea like send you point no one just take it slow take it slow I mean some of you were saying oh that's so obvious Adam or whatever you know there's new people out there let's try to help the newbies and again try to understand Bitcoin before you start playing with I SEOs in a theorem and all that stuff I said on yesterday's show that Gabriel in Venezuela we were in contact he's been on the show before he's a great guy he is fine at least 48 hours ago he was fine there they're going over some problem they're having some problems down there okay obviously the the threat of a future Bitcoin fork has been neutered I would say the threat from the 2x has been I mean that's what's going on that's well that's what's in the air right now maybe they'll come back maybe they'll try to use B cache as their weapon and I mentioned that before again if there is no 2x hard fork which there's looking like the chance there won't be then this is we don't have till November to think about this I really don't worry about it now but that will be good for the B cash price again if we end up with you know a second Bitcoin altcoin then that won't be good for the be cash price okay here's another tweet that I forgot to add below a today's newspaper in India I mentioned Bitcoin I think this is this is going real long here you guys noticed that be cash likes the surge in the morning anyone have a theory about that okay I'm gonna mention this another show but we're running out of time and I'll mention well I'm gonna mention Peter chef's I'll conclude with the Peter Schiff thing here Peter Schiff talked about Bitcoin today I link to that video below and he was just saying that he thinks that gold the gold could pop pop the Bitcoin bubble he's always talking about that and he was kind of angry it seemed like or frustrated that CNBC is talking a lot about Bitcoin in a very positive way or at least he felt CNBC was he said he's he admitted that some of his clients are cashing out their funds with him and buying Bitcoin I mean that is that's bullish right there and it's it's good that Peter can admit that I mean I don't think Peter is a bad dude I don't think he is a bad dude I think he is he didn't it a little bit that he is biased for gold I don't think he's a bad dude I just think he's stubborn he's very stubborn and uh a lot of our people are stubborn I've had advice bitcoinmeister the disrupt meister remember to subscribe this channel like this video share this video do check out the notes section below i got a lot of material for tomorrow so tune in tomorrow pound that like button I will talk to you guys later bye bye