Bitcoin Goes BOOM! $30B In One Hour, Altcoins Take Off, EOS, Ripple, Fundamentals – Ep182

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The bulls just dropped the hammer BIG time! Let’s talk about what’s going on + what’s to come.

Links:

Santander + Ripple: https://cointelegraph.com/news/santander-ripple-launch-first-blockchain-intl-payment-service-for-retail-customers
Tweet + Change: https://twitter.com/carterthomas/status/984310214412288000

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*NOT Professional advice, this is all just my own opinion and experience. Consult professionals for any tax, accounting or legal related questions you have.

Comments

Anup Roy says:

Thank you so much Carter for your reminders fundamental investing rules in very interesting way and relating them to whats happening in crypto. Cant thank you enough for your investing wisdoms and macro analysis…keep up the good work! 🙂

smportis says:

Damn Carter you sounded drunk. Then I remember I play your stuff at 1.25x. ….

Jack Sinclair says:

You don't mention the Mt Gox bankruptcy trustee and his selling spree.

Ubud High says:

Carter: have you seen all the scammers for 'Ashton Clegg' – whoever the feck scam artist he is – leeching on to replies from your genuine audience? Fecking bottom-feeders, man. Bomb them back into the rocks, man.

Great White Crypto Whale says:

Hold me Carter

Ubud High says:

Nice take. Ta, man.

El Cid says:

Good job Carter. Similar than Coin Trend from Germany. Love your videos!

sint nicolaas says:

a friend of mine says that (btg) bitgem will hit the $ 30 dollar next week. he is now at 9 $ So there is also just a few of it. XD

João Pinto says:

you need to explain that ripple is a company that owns 62% of the XRP token, but they are not the same thing. XRP is a wothless token, Ripple Labs is the company that is working with those banks.

bogdan black says:

i woud like to CLEAR the notion LOG or NON LOG chart.. what does it mean when is log or when is not log line ? wich is real chart ?

João Pinto says:

XRP!=ripple
XRP is a scam

COMUNIDAD CRIPTO HISPANA says:

Que fácil de manipular el mercado, darse cuenta que en cuestión de horas compras de gran valor coordinadas comienzan una subida exponencial generando confianza a los nuevos compradores !!!

COMUNIDAD CRIPTO HISPANA says:

Que fácil de manipular el mercado, darse cuenta que en cuestión de horas compras de gran valor coordinadas comienzan una subida exponencial generando confianza a los nuevos compradores !!!

Raz Al says:

Santander is in Spain, Brazil haha, but you are an american, is not like your world knowledge is very good, but you do know Bank of America where it is that s still good :). And you still understand a few things about finance so will still watch you, good job for most of the points in the videos..

Markus Riess says:

Please keep in mind that the huge volume is triggered by humans they have long-term plan to surely reach their goals. Does not matter how much it will cost for them! It will a personal fight for them. this means we will see more Spikes like this in the next weeks…for sure. Everybody was looking for a signal perfect timing huge volume you can change the whole Market within 30 minutes…

max fca says:

This is definitely banana town time

Brugllione says:

NEO airdropped Ontology, pretty legit #22 cmc

Moe Sonichdu says:

The bubble of unclearity popped.

Brugllione says:

Bananatime!

Matthew Mullin says:

Thank you, Carter, for another great show! You make an excellent point about short sellers getting forced out of their positions. Technically, during a "short squeeze" like this, the people with short positions actually are buying back the borrowed 'shares' they originally sold. They are actually forced to become buyers. This is either as a forced liquidation on leverage as they go to zero on their account (as you mentioned) or also (a part you left out) from a stop order to buy back shares if it hits a certain price as their "stop loss". Essentially, it just adds to the amount of buyers in the market making it even more bullish.

Short sellers just got rocked pretty hard today and you know they're nervous about their positions. Bulls showing strength!! 2018, here we go!!

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