🎙Podcast #58 — The BullsEyeGuy — Stephen Meade on Bitcoin vs Crypto
A 10 STEPS guidance through Crypto meanders, full of Common Sense & Expertise 👉 http://bit.ly/BEGPodcasts
1) Never too “late”
2) Don’t look at price, look at percentage
3) BTC will NOT be a global currency
4) BTC will NOT be payment unit among banks
5) No such thing as maximalist
6) Blockchain, BTC, Crypto each different
7) BTC like Gold- one unit
- BTC MC $1T to $10T, 50K to 500K
- If GLOBAL acceptance $100T, then $1MM
8) Figure out email like internet- GOLD VS Stockmarket
9) Levels in US- NYC, Nasdaq, Old Amex (ETS), and at the bottom OTC, Micro-caps-pejoratively Penny Stock -pink sheets
10) Crypto are Penny Stocks- Risky, Volatile, need market makers, can be manipulated with Press Releases
- Can go from .10 to $1 easier than Amazon from $3K to $30K, or BTC from $50K to $500K
- Press releases (think Doge with Elon) and Wozx
- Eventually “grow up” from pink, to listed, to NSDQ
