The 1 Bitcoin Show- Bad actors & the impulsive make BTC a playground for delayers of gratification

The 1 Bitcoin Show- Bad actors & the impulsive make BTC a playground for delayers of gratification


Hello everyone this is adam meister the
bitcoinmeister the disrupt meister
welcome to the one bitcoin show we’re
late today is October the 15th 2017
value your wealth in Bitcoin yes
strong hand ok everyone remember check
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of good information there early
all right so bad actors and impulsive
people make Bitcoin a playground for
intelligent delayers of gratification so
lately we’ve heard a lot in the news
about bad actors creating the 2x fork
doing all sorts of things impulsive
people buying into I CEOs buying into
ridiculous altcoins
but in reality all of these people are
good for the ecosystem are good for the
people who do not follow them are good
for those of us who have long term
thinking and are not impulsive and can
delay gratification because these people
all in their little way helped to pump
up Bitcoin for example if one of these
crazy steam it people steam people
excuse me if they keep on buying steam
and we happen to earn it for free then
we sell it for Bitcoin getting more
Bitcoin it’s all about getting more
Bitcoin that’s what we’re thinking we’re
not thinking about oh I want to get get
this magical altcoin that’s going to go
up and value no we just want to get more
Bitcoin so it is the brutal economic
reality of Bitcoin is awesome I mean
there are losers in Bitcoin in
cryptocurrency the 80% out there that
who can’t wait who do some foolish
things they feed the fire basically they
pump the crypto dividends that we get
for free and Gandy the bad actors they
do that to the bad actors create FUD
that temporarily will lower the price of
Bitcoin scare all the weak hands away
but if you’re a strong hand you win in
the long run because you’re buying more
of the Bitcoin when they make it cheaper
for you you’ve got to look at it that
way it’s not a time to panic like well
like the impulsive unfortunate in in
this free market I mean if we just let
things play out naturally with the
having we win well all the other people
whether they be bad actors whether they
be ignorant flippers they lose and
there’s got to be winners and losers so
the winning side is easy I mean this is
this is a playground for those who can
think long term who can delayed
gratification now yeah the bad I said
the bad ask that’s a big point make make
it look be so-called bad aspects of
Bitcoin make it lucrative for those with
brains and the strong hands and we hear
about these bad aspects that aren’t
really bad because people are like oh we
need the government to come in and
regulate Oh someone just gave me a
fiction big down $5 he just sent over
the super chat thank you remember guys
yes
of course people were spamming the
Bitcoin mempool they were and that
scared people away and now and those are
bad those were really bad actors but in
the long run they just proved Bitcoin to
be strong and in the long run we saw
that that was all fake stuff which
helped increase the price of Bitcoin so
they serve the purpose those bad actors
serve a purpose in the when they’re
trying to dump on Bitcoin in the long
run what they’ve done and what they fell
at pumps the price of Bitcoin for those
of us who have held on to Bitcoin sir
Thank You vention Mick tougher for
reminding me of that actually and where
was a yes the the people want a central
authority to decide what is right and
wrong Bitcoin does not have that so
they’re gonna be a lot of people who
aren’t going to be able to play in this
game play on this diamonds because they
don’t have a central authority oh well I
mean more it’s more Bitcoin for us and
I’d like it so I keep on referring to
this 80% I mean the 80% we have short
memories to them nothing gets ruined we
we’ve always said oh the etherium was
was horrible because they bailed out the
Dow and aetherium has done great because
people don’t care about that the masses
don’t care about that they just fuel the
price of Bitcoin so you can tell the
masses that they’re doing the wrong
thing
by buying the B cash but they’re gonna
keep on doing it is this a free market
and no one is there there’s no central
authority it says no we’re gonna bail
you out even if you buy the B cash no
they’re not getting bailed out the only
people who benefit in the long run are
the people who got the beat ass for free
and who and then on the other side that
you have these 80% who are buying it
because again any crypto dividend that’s
that’s produced there’s someone on the
other side of the trade we’re getting
for free when we dump someone’s buying
it and again some of the craft of
dividends might be good but somebody’s
on front forks are bad so but we in the
long run those who are patient and who
don’t buy into this mob mentality
because sometimes the mob mentality
totally that tells you to do the wrong
thing
yeah well by buying the beach hash and
then you can sell it for more later and
that’s the way you get more Bitcoin no
no no no no no again again you have you
can’t be impulsive like that
let them fuel our wealth let the FUD
stirs let the impulsive let the bad
actors fuel it for us and we just sit
that’s the beautiful thing about the
numbers at defining Bitcoin to make it
what it is and about the free market we
just sit back and relax you don’t do
anything crazy and it’s going to work
out real well and 2020 will be one of
those glorious moments all right before
that having its it’s gonna feel good
you’re gonna be very happy that you
weren’t impulsive it didn’t sell because
again the impulsive are the ones who are
who are telling you to flip who are
interested because every day in the news
we hear about the price and how maybe
you should get into this trading thing
it’s very look or maybe you should get
into this ico thing maybe you should buy
some be cash is insurance again stick
with the simple Bitcoin long term
thinking you’re great and yeah this is
not a democracy
bitcoin is not a democracy the mob isn’t
going to redefine things for us here
okay democracy is mob rule with a suit
on as Doug Casey said keep that in mind
this is not this is where numbers win
this is where smart people are rewarded
I mean in the land of democracy
it’s dumb money it’s dumb money is
rewarded in the land of democracy we’ve
opted out of that land we’ve opted out
of that to go to a land that is defined
by numbers where people who follow the
rules of those numbers who understand
what a halving is every four years are
the ones who are rewarded so and you
know whatever happened the flippin
people remember those bad actors who
came into the space the flippin etherium
is going to be worth more than bitcoin
so if you believe that you bought a
bunch of a theory what happened since
then no again long term bitcoins gonna
gonna win out there hey I’d like it if
you’re the 20% to pound that like button
right now and again the 20% can be a
lonely place twenty is the loneliest
number that you’ll that was one is the
loneliest number and this is the one
Bitcoin show anyway it don’t get caught
up in the peer pressure the eighty
percent can exert a lot of peer pressure
on you yeah I was thinking to show and
this kind of goes with this theme
there’s so much information out there
more information than ever before in
life yeah it seems like people are more
likely to be fooled
than ever before that’s weird
something to ponder all right I want to
since is the one Bitcoin show now it’s
time for one quote Bitcoin delivers time
and time again the new unbelievable
totally game-changing freedom giving
asset that is fully transferable yet
unsensible and that is from Alistair in
Zimbabwe Alistair is a farmer in
Zimbabwe you have seen him on this show
long ago and he wanted to give me to
give some shoutouts to Southern Africa
so shout outs to my boys in Zimbabwe and
South Africa and Namibia and yes a link
and one
this is the one Bitcoin show one
flashback link of the day and that is
allister’s in the interview alistair did
for his farm in zimbabwe and a lot of
people are fascinated with the farmers
of zimbabwe I’ve had one on the show
Alistair is one of them you can watch
that show it’s linked to below I also a
great photo of the day is linked to
below it shows how many automobiles were
on the road in 1900 and then how many
automobiles were on the road in 1913 and
it shows how fast things can change and
you can apply that to Bitcoin use your
brain and we have one action item of the
day the the poll is out I have a Twitter
pull out i link to it below go to it
vote in it it’s about be gold alright
i’m adam meister the bitcoinmeister the
disrupt meister remember to subscribe to
this channel like this video share this
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below I will see you guys in the chat
now

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