23.1 million Bitcoin entities! Coinjoin flagging, Bcash split? DeFi trend not close to ICO level yet

23.1 million Bitcoin entities! Coinjoin flagging, Bcash split? DeFi trend not close to ICO level yet


Hello everyone this is adam meister the
bitcoinmeister the disrupt meister welcome to the one bitcoin show today is
January the 28th 2020 what happened this day in sports in 2001 strong had long
term thinking bitcoin is the next Bitcoin in motion five-digit realm
compete don’t complain I am still offended by selling
conventionality belongs to yesterday hello my elite friends welcome to the
one Bitcoin show on this lovely evening here in El Paso Texas yeah you’re still
up in Los Angeles California aren’t ya oh yeah all over the world how you doing
guys you’re watching this live if you have questions I’ve got answers now I
just want to make this clarity to everyone if the only way I can see your
questions in the chat is if you type in bitcoinmeister paz it turns a different
color or you do a super chat I’m not doing it for any other reasons I’m not
like skipping people I can’t I’m reading I have a bunch of notes in front of my
face here out of the corner of my eye I can see the chat when I’m doing a show
I’m not reading the chat the entire time that makes no sense
so the only time I’m gonna see stuff in the chat is if I happen to glance over
there or if you do a colorful thing bitcoinmeister earth super test that’s
that’s why we have these rules here so yes Carlos Velarde jr. just typed in
bitcoinmeister Ravens won in oh one yes that is what happened on this very day
the bottle Ravens BT New York Giants 34 to seven in the Super Bowl and Ray Lewis
was the MVP pal that light button for when you valued your wealth and
they’ll it’s always good to have one little distraction don’t be obsessed for
all season all right dudes but that’s what that is a fond memory of my youth
there okay moving on so I said I said how to do that if it got questions and
Carlos just he he followed the rules exactly and looking and have a corner of
my eye I saw it and of course you get a new show here every day you’ve been
watching this taped please play the 2x check out Fridays this week in Bitcoin
show we were talking about Finny’s whele Saturday’s the on Bitcoin disrupt
meister comm you get all my old shows so check that out follow me on twitter at
Tech ball tch be alt I want to say the people who are listening to this right
now my podcast at sports Meister calm that’s where you can listen to this show
instead of seeing me I know some people feel the need to see me but the podcast
has been doing well lately so thanks for all the support over there people it’s
almost as big as YouTube and by certain measurements so check it out thanks guys
and if you want to support the podcast there’s a link below the video and a
link below the podcast they allow you to contribute through anchor and all this
anyway all sorts of ways to contribute the best way I say to contribute is just
retweet my tweets or mention me on Twitter and I’ll mention you and I there
is someone who mentioned me in a poll and I’m gonna save that for the end
so speaking of Twitter toward the Meester who has been on my show a few
times what what a great contributor to Twitter
that’s someone you should follow and you should read this dude every day I read
him every day and today he reposted an article which is linked to below about
Bitcoin entities there’s this big argument how many people really own
Bitcoin and we’ll look there’s so many Bitcoin addresses but only a few have
more than one and only a few a few have more than 0.01 there’s only a few with
180 set erase at our site so this person glass node their article is how
many entities hold Bitcoin and that is a great way to to sum up who’s who’s a
holder it’s not necessarily a person it’s an entity and he’s created a way of
figuring out addresses are shown associated with one entity now entity
can also be an exchange the seven largest entities are exchanges but I
think most entities out there are people so let’s get into his go the article
itself is awesome all sorts of charts all sorts of new ways of looking at
Bitcoin and seeing how elite you are in terms of being a Bitcoin entity in a
holding Bitcoin so these seven richest entities are changes control over 2.3
million Bitcoin that is 13% of the circulating Bitcoin supply now I say
that because the only reason they threw that is because of the weak hands out
there the traders the people who do not understand how to control their private
keys those people who don’t know how to control their private keys they’re not
and they’re not big point entities at all they don’t know any Bitcoin it’s all
at these exchanges the exchanges are the entities that have their big point it’s
not their big point so the seven richest entities would not be well would not
control 13% of all the circulating Bitcoin if it were not for the weak hand
traders out there but hey you guys are gonna do what you’re gonna do you
custodial people who are see you CK’s and want to see other people holding
your big point I mean do it you’re gonna be it’s out there it’s not that hard to
use a treasurer there’s there’s other ways to control
your own private key but going back going back to this so according to our
analysis as of January of 2020 the number of entities holding bitcoin
is 23 point 1 million only 23 point 1 million entities hold Bitcoin alright
and I think they they define that as over 0.001 I look at the chart it’s
not that much what it what it is and many of you may remember back in 2015 I
said hey if you buy ten big point now you’re going to be elite well guests
freaking what dudes gas frickin what haha they’re only uh I am right down the
exact number there but it’s something like I think 160,000 entities that own
10 or more big point only point six percent of all the entities own tank or
more Bitcoin so in fact if you own 10 Bitcoin you are more than a 1% you are a
point six percent entity okay that is pretty good if you own more than a
hundred there’s only 15 thousand seven hundred six of them people have entities
out there excuse me that’s only point 0.06 percent of all Bitcoin entities on
more than a hundred so if you own more than hundred yeah you’re like uber
freakin elite there but hey over ten you are okay there’s no doubt about it point
six percent you are freakin elite so I linked to turn a Meester below also he
was the one who retweeted this a lot of people are retweeting it right now read
the article and of course another great reason to follow Twitter alright I got a
town that like but I quested from bro and Q to go beyond big point for a
second alright what do you think of the israeli-arab proposal by the Trump
administration I haven’t read the whole thing yet um you know there’s no right
of return which is of course that made that would make no sense because people
never live there that’s good they get the Israel gets to peep Judea and
Samaria that’s real good I mean that’s it’s the important part of it there’s
you want to put a tunnel build the time again I think one of the things that’s
being left out there is why there’s a lot of Arabs that don’t want to be there
why not just pay them believe that that would
that would help a lot that would help the situation had that but but otherwise
I I mean it’s soaked hey the islands are already burning down towns they have you
ready yet they don’t like it it’s nonsense and I and again it’s not all
average people that are that are insane like that but there’s a there’s a vocal
group in the Land of Israel in Judea and Samaria and Gaza in Gaza especially I
mean the by well why do you need such agreements of me stop if you’re in Gaza
stopped setting bombs in the Israel oh just stop being criminal you lost they
lost they lost a long time ago in 1967 they she just you know take it and if
they don’t like being there the Israel should pay on the move but yeah it’s I
guess the deal is out the deals fine they the Arabs should take the frickin
deal alright I probably have more to say about it on on Saturday when I look at
it a little closer but he didn’t he did propose anything ridiculous in terms of
you know a right of return an insanity like that because the right of return is
that is the destruction of the State of Israel and so there was nothing trick
there was nothing in it that leads to the destruction of the Jewish homeland
so that’s that’s very nice all right moving on a little beyond
Bitcoin moment there but hey yeah hey the question I answered it so let’s talk
about coin joiners here the there’s an article called coin joint flagging from
6 102 and here’s here’s a recommendation right here dudes if you got Bitcoin
elements of exchange don’t directly send it to a coin joint okay don’t do that
alright they in this article they list some of the exchanges that are getting
strict with that I don’t understand the people who use Cohen joins and then send
the coins to an exchange after that if you’re that concerned about privacy
why are you saying your coin joined coins to a kyc exchange
that that I don’t get but I do understand why people might not think
and send their Bitcoin they bought on an exchange to a coin joint that that I
don’t do that don’t do that move it move it to another address then to a coin jaw
I mean one thing you could do is use bisque bisque is is a good solution here
use if you need to get all coins for some reason and who the heck needs to
get all coins I mean just use bisque with your already coin join coins and
you’ll be okay there’s there’s other techniques that you could do if you buy
Bitcoin only exchange and then you send the Bitcoin to bisque and you turn it
into an all coin and then you turn the off coin you could take some action some
intermediate steps there it check out the article and you’ll learn more about
coin joins and there are many people that are interested in that but when
you’re playing with kyc exchanges you’re entering their room you’re entering
their their realm totally so you’re good you have to deal with the Fiat stuff and
the arbitrary arbitrary how arbitrary can be and there are a lot of unwritten
rules at those exchanges hey but if you’re if you value your wealth and fiat
money that’s your thing but I don’t think that many people who use coin
joins would value their wealth via I don’t get the cross over there but hey
check out the article yourself so for all you privacy freaks out there Bitcoin
magazine has a new article since we’re on the topic of privacy in part two of
our mini-series looking at potential privacy improvements to enjoy mixing we
take a look at the 2017 research paper that analyzed the privacy potential for
non-equal coin joins in depth through knapsack mixing okay so read that if
you’re interested I didn’t mean it but I know some of you
guys are interested so I recommend certain articles Bitcoin magazine very
reliable source of information and that’s uh I never heard of that knapsack
mixing before found that like button um re I’ve just seen fight anymore notes
ok so I was talking to George Donnelly some more ok because I saw another
person out there that I follow on Twitter and George Donnelly was a guy
who used to like – a lot and he has revealed that in Venezuela there were
some corrupt – players and he and then he got kicked out of – because he he
said the truth he said the truth that there were some people being shady with
– in Venezuela and he got kicked out of – even though he put a lot of his own
time and money and effort into the project so I saw that someone tweeted
out a Yahoo well in an article of theirs it’s not gonna say who this was it’s a
respectable person but I’m not an embarrassed person he linked to a Yahoo
Finance article which is actually a reprint of an arm another article that
says that clearly is just a – press release a blindly printed – press
release – sees 562 percent increase in active addresses in Venezuela I think is
the is the title here of it and I didn’t write down the correct title but yeah
you know I did it says – sees 562 percent increase in active wallet users
in Venezuela now part of the reason I’m sharing this is because certain
publications when you send out a press release with a big number like that they
just reprint it for you on coin telegraph whoever maybe I think you
could pay a coin Telegraph to reprint your and then everybody reads and
everybody just it works I mean it works you give them a big number everybody
starts to pick it up all these blinds and mainstream publications even Yahoo
people retweet it people didn’t put it into their articles
they say oh look look how great – is doing and George said that no it’s bogus
that number is inflated he told me it’s inflated again was I even I’m like dude
it’s just part of the issue here but you told me there’s the people in bed as
though they don’t tell the truth he’s like yeah that that’s not a real number
that’s not a real number and he sent me articles that should people independent
research that shows that the – is inflating numbers in Venezuela so a lot
of you were saying oh who really cares about this part of the reason I get part
of the reason of sharing is because be careful what you’ve read in these
mainstream publications and that is really easy to pass off to get a story
into these publications that got a big flashy number and then it becomes fact
with size in fact so George is now in to be cached by the way and I linked to
what George is doing over itby cash if anyone’s interested to see what he’s
doing over there I do link to that and the by the way
might be cached prediction is you know a lot of people are saying that they’re
going to be in trouble after the B cash-heavy nbsp is going to
be in trouble after the be cash having it after they’re having which are before
the Bitcoin having because all their miners are going to switch over to
Bitcoin I don’t think the timing Levi the alt coiners a blindly buy into their
coin with over a big event that’s a big event having is a big event so and I
also think since both of them are centralized one is proposed of 12.5% tax
that’s be cash and then of course we have ESP which is all based around one
dude’s ego and a billionaire don’t be able to manipulate things in
and save themselves and do some unprofitable mining who knows who knows
what they’ll be able to pull off so I’m not I’m not predicting the end of the
line for be cash of bsv in fact I think leading up to their having’s be cash
especially will go on up bsut VSP is a little bit more unpredictable because of
just all the nonsense that is based around my lord and I mean to give you an
example of all coin like the all coin buyers traders who have whatever they
are out there they don’t really think about fundamentals very much
be gold just had a 51% attack and the price went up okay
I mean run that through your head down so I mean there’s a lot of logic Rocky
gives loss and logical reasons why be cash is doomed because of the having but
you know be gold just was attacked and the price went up beat the day these are
things you don’t wanna mess with their Gamble’s their total Gamble’s so speak
and by the way Jim just sent a dollar ninety-nine value or wealth and Bitcoin
he says thank you very much Jim thank you very much all right so moving on
what do we have king of the trolls oh yeah an article about king of the trolls
is back down from 12.5 percent tax on be cash okay he’s back down he thinks they
can solve the probably it wasn’t too much into it in the first place he says
maybe they’ll be able to come up with a better solution
it’s his mining pool pool support from the be cash Development Fund over chain
split threat so what happened and I link to this below some of the miners the
minority miners got together a representative wrote an article say say
why they didn’t support the 12 25 % be cash tax and how if the bigger miners
went through with it they were gonna fork off and form their own coin they’re
going to never going to do their own big cash so because of that that not king of
the trolls into his senses okay then he basically says that that that threat
worked but and there’s still a big butt out there and so they said since since
King the trolls pulled out the agreement that they’re willing to you know see how
this might work out but how about this guy’s how does the other big players
don’t collect and they still go with the 12.5% tax will these guys again threaten
era threatened their fork I think it’s quite reasonably think so so we might
end up with two big caches if they go through with this 12.5 percent tax hey
it’s an interesting experiment interesting to see as of yesterday I
didn’t know about this threat by the minority miners but now I do know about
it even though they’ve withdrawn at temporary well maybe maybe not
temporarily maybe forever but it’s it’s linked to below you can read it all all
right so let’s talk about d5 real quick here not much money flowing into d5
like in the ico days okay so defy is not on the same level as as I cos the ICO
had five times the amount of money thrown at it okay of etherium thrown at
it so there’s an article about this asking why why hasn’t the d5 locked-up
defy money pumped the price of etherium and it’s an interesting article
interesting article gives you you know be familiar with this defy trend since I
think it’s going to get bigger but there’s some really interesting points
here Delphi digital went on to point out that the three million aetherium
currently locked up in various defy applications is small potatoes compared
to the more than 16 million aetherium raised for icos from mid 2016 the mid
2018 it should be noted that this was a time when etherion supply was even lower
okay so which means I CEOs were accounting for an eating greater
percentage of the currently available supply of a theory now let’s put simply
none of these d5 projects are attracting new capital to flow into theorem as
buying pressure so right now there is money flowing the d5 but hardly any of
it is from outside of the etherium ecosystem in order for a theory of the
pump we gotta get a bunch of people from not only outside of ethereal just
outside a cryptocurrency Newby’s flowing into
the currency piling their money into a theory like they were doing back in 2017
with the UH with the ico cranes there were a lot of people that were skipping
the big point it’s an intermediary there they weren’t buying Bitcoin than the
theory and then I cos they were hearing about I CEOs and they would just buy it
a theorem and then do it whatever they had to do to get get those icos
so there’s your answer right there for defy to start having a greater impact on
the etherium price these applications will need to attract users who haven’t
already been holding etherium for a number of years that said from the
perspective of delphi digital general speculation on the price of the theorem
is still the main driving force behind the crypto assets valuation okay
all right John Stapp strum mitos who I always pronounce his name incorrectly
he sent $20 in the super-shot what a great guy for the best probe Bitcoin or
ever you’re a machine dude oh yeah I’m a machine like Secretariat listen to that
watch that race from 1973 what they call him an incredible machine oh I forgot
the exact quote if it’s great the guy got calling the race when their
secretary is running away by 31 lengths now I’m no Secretariat but I have a
machine it’s my system new show every single day what is that line I got I
gotta watch that I gotta watch that it’s only two minutes you played it up you’re
playing at two x’s one minute what did they call Secretariat in the 1973
Belmont when he won the Triple Crown it’s it’s that’s with sports with sports
baby you know these old sirs everything was original back then it’s all been
done there wasn’t living huge national events back then horse-racing back it
was a different time it was a different time in the day my father told me about
all this stuff you they love that kind of stuff back in the game 1973
and invincible machine anyway thank you for the $20 yeah you all got a little
bit of beyond big point there so if you’d like to hear me tell stories about
horse races from 1973 that I watched on YouTube you can see me February 22nd in
Las Vegas at tone business uncommon staple event I’ll be hanging out there
thanks to Tom and the boys and I don’t know what the heck I will be doing there
if I even be on stage at all but I will be there on the 22nd you’ll be able to
meet me and all these other cool dudes like wine golf and tone and Jimi song
and I’m looking forward to it I’ll just be there February 22nd in Las Vegas
everyone knows I despise the city of Las Vegas I think it’s the most unhealthy
city in America but it it for an event like this I’ll come out there and no
offense the people who live there anything it’s just people come there to
do the worst things gambling smoking eating unhealthy I mean I enjoy when I’m
there because I go to the workout room I’m the only person there or staring at
a TV watching man I fell all dances the stuff that goes on there and the stuff
that paying for women it’s it’s horrifying
all right but I will be there I’m a nice link table huh
I’m confiscate of all dot-com right okay so I mentioned that someone had a pole
on and he copied me on the pole hard a Bitcoin it’s it’s for its for you Fiat
freaks who are excited by a– and this is this is having height type stuff
because you know as that as we talk more about more about the having the price
goes up just like in the but not in terms of fiat leading up to 2016 and
what is this guy’s question if the pole is five does it realm this weekend okay
we’ll get there go get there eventually man we’re one day closer to the five
digit realm but I linked to the poll below it’s it’s
fun it puts a big smile on your face and I know there were some people today you
know we don’t talk about the Fiat twice very much but I mean I know today there
were a lot of people are excited about the the Fiat price it’s uh it’s doing
pretty well apparently isn’t it again it’s having high baby
leading up to this beautiful 2020 heaven who knows who knows we’re one day closer
turn all-time high and yeah the all-time high it’s not
happening before the having that that I’m pretty sure up so don’t get too
excited that’s for a little bit later we last time we got our all-time high was
well it was after the happened it was more than six months after the having it
was the beginning of it beginning of 2017 and then it reached the last
all-time high at the end of 2017 but it broke the previous all-time high at the
beginning of 2016 okay I’ve wasted too much time on that
finally I just want to tell everybody if you like music what do I link to here
today ballroom blitz by sweet great show great great song brings back happy
memories so it’s I can go get all of you excited if you’re watching this late at
night you don’t wanna get too excited if you’re trying to go to sleep but you’re
waking up hey it’ll get ya it’ll get the emotion baby and it’s all about being in
motion people mentally physically get some exercise every day today was my no
run day but I walked like two to three miles something like that alright
because I walk places I walk to get food you walk tell you stay healthy man I
just looked at myself I gotta say I’m looking pretty fine today now that like
button that’s why you watch this show you wanted to see this five freaking
face no thanks let’s the guys who listen to this show seriously i’m adam meister
the bitcoinmeister the disrupt meister remember to subscribe this channel like
this video share this video check out the links below
pound it bang it click on the squares I’ll say hi to use the chat bye bye

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