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Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the bitcoin focus show today is September the 16th 2016 strong hand Gold and hold all right people this show takes you back on of it awhile and when I came up with the term golden hold the golden holders I tell you not to be a traitor I tell you I talk about Peter Schiff some talk about all sorts of subjects like - that I've been talking about for a while - has only gained in terms of dollars so little since I made this video I talked about the hedge fund nonsense it will get your hands stronger don't be a traitor do nothing with your Bitcoin town that like button bitcoin 2017 gold and hold that was part of the title and I thought of that today when I was running around Lisbon they're a bunch of people out there who are gold holders and traditional investor types who are into just long-term investments who contact me and contact other people that I know I'm not going to name their names like almost every day wanting to know about Bitcoin they want to know how they can buy Bitcoin I mean we need to reach out to these gold type of people in a friendly way and this is the greatest time to do it because the price of Bitcoin is around the price of gold so there's gonna be this constant talk of the - of a Bitcoin surpassing the price and they're just gonna be coming up at the same time in debates with Peter Schiff on CNBC so this is this is the best time to start to get these gold people in and we don't need to talk about text often segregated witness and microtransactions because they are holders they don't care about those type of things let's just make it simple bitcoin is he holding the type of financial instrument just like gold is so gold and hold for Bitcoin in 2017 let's compare it to gold let's stress that you can hold you don't have to play games with it so it's a it's a great way to get newbies into into Bitcoin who are responsible adults who are into holding and long term investments also in the comment section you have the FIDE there's one person and I saying that uh George Soros his sons are own all the Bitcoin thumbs up if you laugh at these insane Bitcoin conspiracies okay tone Vaes it has a tweet out there it is hilarious it links to a between hedge fund of some sort and it it produced worse results than just holding Bitcoin so if you invest your Bitcoin in a Bitcoin hedge fund or invest your money in a Bitcoin hedge fund instead of Bitcoin it would have just been simpler just a whole big coin so again do nothing with your Bitcoin do not think just just hold it you don't have to do anything with it you don't forget into investments in cloud funding you come mining and all this nonsense it does better just holding it Peter Schiff at the 31 minute mark of his latest video he doesn't even mention it in his title he talks Bitcoin no way and so I watched all Peter's his video in the first part of his video is actually okay but when he gets the big point in the 31 minute mark at first it seems like he's almost coming around to it he talks about the ETF and he was actually impressed that Bitcoin came back up in price but he concludes that it's going to crash and his speculative and he says buy gold and he is hey but the thing is Peter ship is bringing up Bitcoin now he's a businessman he knows there is a demand for him to talk about Bitcoin on his channel that he has a lot of Bitcoin people coming to his channel so this is a sign of this is a good sign that these both these guys are talking Bitcoin because it's in the new news they're gonna be more and more people talking Bitcoin as you remember I predicted but one of my predictions last year was that these people like this we're going to talk big point and sure enough they are hey my cervix said today on his show that all men think they are stock traders and he actually said Bitcoin traders - it's funny and he said you're not a traitor and then Tony Bayes also has brought up how no they're not real traders in Bitcoin guys don't try to be Bitcoin traders just just don't don't try it you're going to lose your money to two separate voices besides me out there saying it completely different people you're not you're not traders and guys who think people who think their day traders also it's the same thing as people who think their Bitcoin traders they lose your money in the long run complete nonsense also tone brought up something that I I that had not been brought up yet the sec you know in our little bubble we cared a lot about the ets the sec and in the real financial world it's just a blip on the radar screen they don't think twice about it they make their decision that's it that's it it's over so we were where everyone was worrying about that SEC decision for months SEC worried about it for like a second the regular financial markets didn't it was not even blip on the radar it's just something to consider there sometimes we we blow things that are proportion in this little little bubble we're in you can tell that some money it has left the Bitcoin ecosystem though after all this jumping around and it is clearly going into - and aetherium there there are some of it at least they have helped fuel the - pump - is over $70 now o I assume that a lot of people are jumping into these things especially maybe a theory because they're easy to buy and - because they think it's the next big thing that everyone wants to be in the next big thing they are positioning they've always positioned themselves well to be the next big thing and they're easy to buy relatively if you're Miz easier to buy with others then - though it also doesn't take that much to pump even though they're the number two number three cryptocurrency compared to pumping up Bitcoin it doesn't take as much to pump them up so some money leaves Bitcoin goes into them it's going to pump that you're going to see a difference and I think we're seeing that so it has been a great 24 hours for Bitcoin let's get it up let's let's from here up up and away we got to fix this this scaling or we don't have to we just have to just move on from it let's talk about let's talk about golden hold get new people in here
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