yo Yoshi boy crypto blood welcome to
another episode of my 2 Satoshi's it is
April no it is not it is made for 2018
ain't hard to tell
well it seemed like it was for me I want
to give a shout out to my man Brandon
Thomas on Twitter he said he wanted to
hear some Tribe Called Quest can I kick
it that's in the rotation but right now
we're playing what mr9 wanted to hear it
any heart the tale by NAS another
classic so we're rocking out to both
adults today what's going on people
we're going to get right into it today
we're going to be talking about us a
rating agency that I've actually covered
before and I'll leave a link to that
video I covered that back in February
but they they have some new interesting
opinions about iOS they gave Bitcoin a
C+ in their analysis back in February I
thought that was fair and again now I'll
leave the link to that video in the
description of this one but they're
talking about iOS now so we'll take a
look at that also we will take a look at
what New York is doing they're looking
at probe 13 crypto exchanges one of
course you probably guys know fully
comply the other didn't so I'm liking
that I'd like to hear some pushback from
these regulators in the legacy system so
we'll talk about that but first let's
take a look at the market cap I'm using
coin puffs calm today I'm gonna be
trying a couple different you know
market cap sites get just get a feel for
which ones I like the most
I'm getting away from coin market Capcom
after kind of breaking that news I
didn't break it but I did a little video
about what's going on with them and a
lot of the scamming and frauding that
they've been doing over the past few
years is now coming to light but anyway
coin clucks calm total market cap is
487 billion total volume for 24 hours is
2.07
billion dollars I don't know if that's
right that doesn't seem right
but they have a total of 2,400 crypto
currencies looking looking good though
I think bitcoins dominance is back up a
little bit though I think I said thirty
six point two percent or three percent
thirty six point three percent as of the
time of recording this video but overall
Green Day another green day for for most
of the majors iOS 7 a pullback I was
talking to someone yesterday about iOS I
don't know man I'm thinking about
actually selling my iOS prior to the end
of the registration period and then just
buying back you know buy the rumor sell
the news type of deal thinking about
doing that I did see the video from
Vic's we're and clip hi there their
viewpoints on iOS are definitely
opposite of mine but you know they're
good guys both of them are honest people
in my opinion may not agree with
everything but you you got to respect an
honest person's opinion and they those
are two honors individuals I don't agree
with their viewpoint on iOS I think it's
going to be great
will they have hiccups absolutely every
operating system think of us as an
operating system every operating system
will have their hiccups and you know
we'll see
ether you know theory Amanda's hiccups
Bitcoin you know had its hiccups in the
in the early day so you know I'm good on
the OS but I think as a trading move I
made liquidate prior to the end of the
registration because I think I'll be
able to accumulate more eos tokens on
the other side so I think I'm a million
doing that here soon but back to what we
were talking about if I just do a quick
scroll through actually looks like a lot
of red to be honest with you
top 100 I will say is more red than
green and I would make sense saying that
the bitcoins dominance is it's creeping
back up a little bit but let's take a
look at this chart looking good
kind of you know almost did a bounce off
of the long-term trend line that I have
drawn there could not score a point let
me just zoom in really quickly yeah I
wouldn't call that scoring a point on
this - to the left - to the right
previous most recent I should say
all-time high not all the time on this
most recent high here we didn't I
wouldn't call that a scored point so
kind of waiting to see what happens with
that my trading room members know what's
going on as far as what we're doing
there for Bitcoin litecoin
and the theory of Bitcoin cash will be
available as soon as I get it to give me
the results I want to see so hopefully
that'll be soon for you guys so the
article today side of crypto vest says
here Weis ratings agency praises AOS
trashes Bitcoin imitations interesting
so it says they're wise ratings agency
went ahead and gave us a B rating while
completely snubbing digi by oh I'm gonna
have a lot of people in the comment
section today
I didn't even I'm not this is the first
time reading this people and Bitcoin
alternatives created by the serial coin
imitator so let's see what this article
says here's a document sent by Weiss
ratings agency to our inboxes on
Thursday warn investors to steer clear
cryptocurrencies that use a Bitcoin name
to get a boost the cryptocurrency expert
at Weiss considers that a OS is a strong
buy but anything that starts with the
word Bitcoin is something to be wary
about some all coin enthusiasts out
there might be surprised that Weiss also
rated digibytes poorly
despite its stellar performance over the
last month in a post he wrote he
identified in an individual who goes by
one of two names
Everett forth and write a writ critten
he called him the serial coin imitator
because of his habit of creating new
variations of crypto currencies that
capitalize on the bitcoin name some of
these includes the classic Bitcoin
private and Bitcoin prime
I don't know how Z classic has Bitcoin
name in it but it says there the modus
operandi of the serial coin imitator is
to copy the code of an existing project
change a few meaningless aspects real
Abel it then promoted as the next big
thing in crypto is a whole bunch of that
they cash in on the innovations made by
others in disguise the fact that their
work is just a cheap imitation the list
of imitation coins according to the
document we received also included
Bitcoin diamond and Bitcoin gold or
Bitcoin God I don't know if they meant
gold or God both of which didn't even
merit inclusion by wife's Villa Verde
went on to say that Bitcoin cash is
guilty of intellectual dishonesty he
reasons that the block size increased to
32 megabytes wasn't necessary because
the coin wasn't seeing much use in the
first place their real problem is that
very few people use the coin to begin
with in fact our latest data shows or
indicates that their network only
processes about 20,000 transactions per
day meaning the upgrade is not even
necessary he added a few months ago the
company was caught off guard as
investors in Bitcoin were inferior
that he gave the cryptocurrency a c-plus
rating you just talked about that the
rating agency founder said that
cryptocurrency is losing grounds
competing altcoins negatively affecting
its ranking despite its high trade
volumes and still enormous market
capitalization the Bitcoin Empire after
all is being threatened by other Kryptos
that have outperformed it consistently
for the last few months as infuriated as
Bitcoin investors may be they're proving
wise point by shifting their investments
to alternatives like etherium whose
rally has outperforms bitcoins so what
do you guys think about that
I okay I'm a first I'm a Bitcoin cache
supporter the point that they're making
about Bitcoin cache increasing their
block size when the demand wasn't there
to increase it may hold some validity
definitely may hold some validity but
maybe Bitcoin cache team may be there
they're looking to be proactive instead
of reactive you know and being proactive
in this technology blockchain technology
landscape is much better and easier than
being reactive because things move so
fastly so maybe they're just building
the groundwork for higher transaction
use usage on their networks ahead of
time as they get more and more adopt
more and more retailers to adopt that
cryptocurrency but I can get I see why
this is a point on that somewhat so you
know you guys gotta let me know what do
you think about really more so not
Bitcoin cash but Weiss rating agencies
rate on iOS a B I'm pretty glad about
that and they didn't go into detail I
don't know if you know that's something
you have to buy or something but that's
good news
to my ears for sure as a gos supporter
so the other subject wanted to give my
to satoshis on was this New York probe
there's an investigation going on or
they're planning an investigation New
York is on 13 different cryptocurrency
exchanges
one of which is including coinbase and
what's disappointing to me about this
one is that coin base is looking to
definitely comply and work with New York
on this but on the other hand you got in
exchange like cracking said a few we're
not messing with you New York
I think cracking actually moved from New
York moved their operation out of New
York
you know the whole bit license and all
of that regulatory crap that's really
slowing down innovation in New York but
you know this is to me just one more
strike against coinbase in my mind I
remember when coinbase just started you
know and you know I would actually
started using I started using circle I
believe and then started using coinbase
I can't remember which is first but when
coinbase came out it was a much easier
way to have people acquire
cryptocurrencies even though at that
point it was only Bitcoin but it was a
very easy user interface and they they
were very professional and it was cool
but as they became bigger and bigger the
pressures from you know different
jurisdictions and all this stuff but
from the government agencies there they
started to buckle you know and I think
it kind of started with the win by the
IRS to to get the records of coinbase
users between 13 and 15 2013 in 2015 and
from there seems like it's just been
going downhill but anyway they are the
coin basis looks like they will be
implicit with the probe but Kraken won't
I'm loving that so let's see what uh
what it says about Kraken most exchanges
were ready to hand over the data but one
exchange decided to not comply according
to CNBC report Kraken one of the biggest
cryptocurrency exchanges in the world
will not hand over the requests
requested information the CEO and
co-founder of Kraken
Jesse Powell said the resource diversion
for this production is massive this is
going to completely blow up our roadmap
then I realized we made the wise
decision to get the hell out of New York
three years ago and that we can dodge
this bullet yeah he goes on to say here
ordinarily we're happy to help
government understand our business
however this is not the way to go about
it Kraken left New York because New York
is hostile to crypto and this question
ear we received today proves that New
York is not only how saw the crypto it
is hostile to business boom there you
have it we all know why New York is
hostile it's a crypto crypto threatens
the very very lucrative business of Wall
Street in New York and they're trying to
rein in the very very explosive growth
potential with crypto and get their
hands in there and you know basically
skim off the top that's what that's what
Wall Street likes to do that's what
government likes to do so let me know
your thoughts on this New York probe and
coinbase willingly handing over the
information while cracking said f you
pay me that's it for today ladies and
gents your crypto blood make sure you
like and subscribe and also get over the
crypto blood io and copy some of them
T's I'm out holla