Bitcoin is not an investment in the way a lot of people pretend it is, its a game that can easily be manipulated. Cryptocurrencies like litecoin, neo, monero, dogecoin, ripple, bitcoin cash, litecoin cash, dash and others all follow the same model although ripple may be the only one with staying power as its the establishments favorite.

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Margarito Jr Balatero · February 25, 2018 at 9:10 am

Stop making video about bitcoin do a research first.

C McClellan · February 25, 2018 at 9:10 am

CP, Have you looked into, or are you already an account holder? Bitcoin transfer fee (On Feb. 8) was $40 from coinbase. I heard Etherium was cheaper, but not certain. Also, What do you think of VEN, WTC, and ETC?

Ray Koehler · February 25, 2018 at 9:10 am

Once I had to try and understand, do research on how a currency works I immediately knew it wasn't for me. currency should be a strait forward concept.

5280Click Online Marketing LLC · February 25, 2018 at 9:10 am

Are you on Steemit?

Zorn101 · February 25, 2018 at 9:10 am

Canadian Prepper Deleting comments is not very honest of you!

Scott Hill · February 25, 2018 at 9:10 am

Bitcoin and other so-called crypto currencies is the Ponzi Scheme of the 21st Century.

Narmer Man · February 25, 2018 at 9:10 am

Can you make a video about cowardice and Scott Peterson, that deputy who wouldn’t go into the building when that school shooting in Florida happened? 👺👺👺

I think I would like to hear what you have to say about this

Al Gerbitz · February 25, 2018 at 9:10 am

My concern with Bitcoin is what happens if the grid goes down long term. It'll be worthless and I'll be out a lot of money.

Barneman 3 · February 25, 2018 at 9:10 am

CP you can buy a hell of lot food preps with CC….

Michael Taylor · February 25, 2018 at 9:10 am

"I've been dabbling with cryptos for the past couple of months…so now I'm an expert."

J-rocksMOTO · February 25, 2018 at 9:10 am

Electronic circle jerk

J-rocksMOTO · February 25, 2018 at 9:10 am

Litecoin litecoin litecoin get litecoin for 2018 !!! Sell at the end of the year

Doctor Acanthamoeba · February 25, 2018 at 9:10 am


Petrazenka · February 25, 2018 at 9:10 am

All American Prepper uses bit coin to buy military grade equipment and other clandestine stuff on the dark net.

Charles Fuchs · February 25, 2018 at 9:10 am

Did you just learn about crypto for a few months, sounds like it lol

DarkMGTOW Wonderboyz · February 25, 2018 at 9:10 am

There are risks in cryptos, in gold, in silver, in stocks … It can crash at anytime for any reasons… We are screwed left and right damned if we do something damned if we don't… The worst part is there is not much we can do against the cogs of the system.

Everything outside of life growth or sustenance is valueless and is a bad investment…

The only way is to prepare and train yourself (body, mind), store food,water, buy land, a home learn to garden, protection and defense all the while investing diversify a bit in everything and hope for the best.

DarkMGTOW Wonderboyz · February 25, 2018 at 9:10 am

that's not true money comes out of nowhere : just ask the federal banks and your local bank lol they type down a number on a computer and money is created. Fake money based by nothing.

I think that why they make us work so hard in the workforce as corporate slaves is to give a sense of value of their crappy fiat shit. Basically everyone is working hard to get some fake fiat worthless printed papers… And because everyone believes it's valuable everyone works more to get more of it…

Blockchain tech is maybe the future, cryptos are just a representation of this. Problem is stocks, bonds are all regulated and overinflated as well. Amazon, twitter, snapchat, facebook garbage are companies without real local profits…they are worthless paying less taxes than any individuals…

The only thing with a guaranteed return of investment is what you have in control : Your life, your skills, your gear, your wisdom, your health, a shelter… Everything even gold is "worthless" because it can change from one day to another.

Having a trade, knowing how to grow food, knowing how to barter, raising lifestock…Those are and will remain valuable has it's medium needed to sustain life itself. The best investment is to invest in yourself as no one can take it from you. The problem is we do not have enough time, energy, money to fully dedicate ourselves in those activities without being detrimental to our own life within society.
If you live like a trapper, or an off grid prepper( and what a difficult choice to do so) you definitely have less opportunities to advance and get benefits from society. Until it collapses you are "losing" (so much efforts so much pain for so few gains) , if it collapses in your lifetime then you will prevail yes then your investments will be fully used for your benefit while many will suffer and die…

Whatever you invest in otherwise is more or less a "make believe" scam : bonds/stocks/crypto/gold/silver…

dragonrasp · February 25, 2018 at 9:10 am

I feel like you are viewing Bitcoin purely from an investment perspective. You need to remember that it is also a currency. People buy goods and services with Bitcoin, it is the currency of the black market. The more people buy goods and services with it the more the value increases. This is what is going on along with the investors like yourself. This also means that if a particular crypto currency becomes traceable to the people who use it, it would take a massive hit in value even if there is no change in buying and selling, because those who were previously willing to sell goods and services for that currency would no longer be willing.
It is a dangerous currency because much like the Rick and Morty episode it has a numerical value for something completely intangible. It can thus change in value to absolute zero.

RVing We Go · February 25, 2018 at 9:10 am

Silver and Gold is manipulated everyday. I think crypto gets a bad name because it goes up and down so much. Stock market has gone down over 50% over the years. You can lose in both arenas.

Ken Semotiuk · February 25, 2018 at 9:10 am

Bitcoin is nothing but a pnznzi scheme where you put money into it and you don't get it back!. Nothing more and nothing less!

Floesh - · February 25, 2018 at 9:10 am

The is so much lack of knowledge in this video and analysis I won't even bother to give true arguments. Let me just say, Bitcoin is not for you.

Million Roots · February 25, 2018 at 9:10 am

Wrong !!! It is not zero sum. LOL You are so clueless. LOL

Cnfcavazos · February 25, 2018 at 9:10 am

Canadian prepper it's interesting to hear you speak as though you don't know more
than you are revealing.
First you mention you have been dabbling with crypto for the last couple months,
the last couple months meaning January 2018 and February 2018 have seen numerous battles
for the future of crypto currency take place. Tax regulations, many false reports of nations
banning or hindering crypto currency development, thereby slowing they growth and creating fear for
investors. Your example of 10 million dollars of bitcoin is not a good one, first at the time of my
comment there is 170 billion 900 million dollars in bitcoin alone, therefore 10 million would
do little to change the market value, however you do touch on something important here.
In the larger picture you must realize, 440 billion, 800 million in all of crypto currency is a
very small figure compared to global available currency which is around 200 trillion, including
stocks, fiat(cash), bonds, and gold. Bitcoin currently holds a dominance of 38.8%, if just 1 percent
of the 200 trillion dollar market enters into crypto currency and bitcoin holds it's current
dominance percentage bitcoin will be valued around $40,000. I'm really surprised you are giving
a sort of final judgement on crypto currency only after a few months of dabbling. If you had invested
$100 in bitcoin in 2010 you would have over 100 million today, nothing else has that potential.
Another thing there are many crypto currencies that have actual functioning profit making companies.
In the end this is a pioneer frontier, many people can't take the harshness it takes to stick it out and give up
quickly, the real profits will be made by those investing when the markets are the hardest and holding for the long run.
When the stock market crashes and we all know it will, crypto currency will most likely skyrocket as investors seek other areas to
maintain their wealth. Just like computers, and the internet, currency is changing and it's going digital, like it or not, in a few decades many will not even remember cash. Look into who is buying the patents for blockchain, it's Bank Of America, Wells Fargo, The Bank Of China. Hello….find good crypto with real uses buy them and hold, talk to me in a year and we shall see.

Roger Martin · February 25, 2018 at 9:10 am


Jorge Atreides · February 25, 2018 at 9:10 am

What if I wait years for the price to raise and keep buying when the price drops, only spending what I am affordable to lose, and buy altcoins…

The Walker · February 25, 2018 at 9:10 am

Good talk. I've been investing in aurora pot stock, in at 2 bucks and it's up to 10. When it's legal in Canada it will go up to 40 fast.

The Walker · February 25, 2018 at 9:10 am

I'd rather buy a bugoutroll, a silky and a food dehydrator. That's something you can hang your hat on.

Radical Edwards · February 25, 2018 at 9:10 am

surely you mean 2 satoshi… and when you win in the stock market some one loses its called 'trading'. 9 out of 10 times I give you props but you dun slipped here

Risk Management · February 25, 2018 at 9:10 am

Listen cryptos are decentralized unlike most country economies. The stock market is rigged and can be pulled out from under you at any time. I do not trust who controls the US economy I trust myself and prefer to be my own bank. There are stable cryptos. I have been in crypto about a year. Yes I got in when lite coin was 4.00 but currently LLC is 7.00 and many others that will go up that are tokens to ICO which is a new company forming with new ideas for the crypto community or for the replacement of a bank fee or assessment fee or whatever in the old economy.
Think about when the radio came out or the telephone , Internet those were ideas formed and could be used for good or bad. You had to see into the future to realize the potential . I only wish I had put money into yahoo or google when it came out however guess what only the wealthy could. All the above things not to mention the cell phones or YouTube etc can be used in good or bad ways .
If you see cryptos as stocks then yes you will loose mostly unless you put your big boy pants on and research the investment when is that company going to produce the product or do they have a working product already? Do you believe in it? If so I think it's worth a investment if you HODL which means hold on for dear life!!!
Cryptos are in the birth stage so yes run on emotion many times mostly by people who jump in a cheap coin like doge coin which is a crap coin that is a
Pump in dump but there are great icos like populous PPT or Omesigo OMG and veritasium Veri these ico companies are backed by hard working individuals that believe in the companies and are invested. Only a few are diamonds similar to the past when the Internet started and several companies popped not all made it.
I have made money I have not lost any however I mostly HODL because I believe in the future of these start ups. Yes in December 2017 entered the big money traders they are a pain but it's a free market and if you want to make money fast you ride there coat tails up and sell . This is a new economy forming not just a currency a economic world that belongs to you and everyone, without as of yet government interference in USA and other countries .
The stories out a out regulations in many countries is bullshit those countries governments want to mine the coins themselves they see the future. Yes Jamie diamond can spread FUD fear , uncertainty and doubt and behind the scene by crypto like JP Morgan did then say to lower the market then say hey sorry I was wrong .
This is his and many others game however it's not a game it's serious and it requires adult decisions and attention. The block chain is here to stay it has way to many wonderful aspect ya to the real world that will repair so many problems.
If we only voted for a president on a block chain we would have exact results no issues.
The new economy of block chain currency and business is the people's future at this point and I personally hope it can stay that way.
There is so much more to explain however I'm not the one to do it. I suggest you contact a programmer and just all around smart dude.
Clif High he is fantastic at explaining everything and answering any questions. You would enjoy a conversation with him as he is heavy into prepping also. suggestion ignore any FUD contact him.

Lance Tang · February 25, 2018 at 9:10 am

That ship sailed long ago. The time to get in is over.

Justin Fournier · February 25, 2018 at 9:10 am

BTC is generally manipulated by the restriction of retail investors selling what they have in any meaningful amount. There are WAY too many whales in BTC. It's not liquid enough to get me to buy, and I first looked when it was $300 a coin. I decided to get into real estate instead. I've turned a $10,000 down payment and a monthly service of a mortgage into about $300,000 equity in 3 years. Worst case I have somewhere to live, best case I have big equity.

W. ADAM MANDELBAUM · February 25, 2018 at 9:10 am

Also to be considered is what governments will do to destroy crypto currency. Both via regulation and false flag hacking of exchanges. Governments want the only military and the only coin of the realm.

J.R Curty · February 25, 2018 at 9:10 am

canadian prepper and prison talk are my favorite channels

Ray karl · February 25, 2018 at 9:10 am

Sounds like the PYRAMID Game to me!

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