you need to get your FACTS right and not to be one of those clueless UA-camrs or Twitter people Covid Recession or depression as you called it, was not the same as the Great Depression, Bitcoin did not exist back then the System was backed by GOLD People sat home during Covid lockdown, hence the price gone up.. it has nothing to do with Currency Printing.. Do your research
Governments are all about Supreme special humans that focus on the ultimate human task of acquiring money so they can live a lavish high-quality lifestyle. Government is 100% the enemy
Toby I worked for the military as a civilian electrical contractor for decades. The amount of waste I witnessed was blood boiling. Whether it was red tape, wasted time, or money thrown away, the waste was rediculous.
Crypto went up during the pandemic not because of the impending recession but because of all the disposable income from relief packages. Hardly the same situation.
I knew a guy in the Air Force. His garage had over $50,000 worth of snap on tools the Air Force was throwing away. Most brand new stuff. That’s one guy.
If 'printing' money makes Bitcoin go up to $69k why is it that since then there has been even more printing and the mass introduction of BTC ETFs and the price is now just above $60k?
Unfortunately, BTC is also being pumped by money printing.. asset bubble is a fact in a debt laden economy.. when recession hit, a lot of companies will go bust; this is from bankruptcy and that is destruction of debt, which reduces liquidity.. and thus, risk asset like BTC will also be affected.. Liquidity is the thing that drives price higher, and certain commentators have said the stablecoin marketcap is not increasing (flat)..hence BTC "boring" sideways Now that there is recession, liquidity will likely become even lower Fed may ease interest rate but how much of new liquidity would go into BTC.. during recession.. unknown When covid hit us in 2020, US gov decided to give free money to many ppl .. hence the stock/crypto pump during that time Maybe US gov will do the same thing to prevent economic implosion? Gold is a safe haven during recession; but BTC has yet reached that status, although that could change as time goes by
Ya, I'm sure during covid, unemployed people took their massive $600 checks and bought bitcoin lol. Don't just repeat propaganda, use those god given critical thinking skills.
@@simrdownmon6431 It is said US gov printed trillions during covid... you do not know the impact of free money and how it multiplies within the system.. thats fractional reserve banking
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
My concern with the network in general is the high energy profit ratio to run the complex society. I think when we exhaust net energy we're going to use the excess energy to maintain day to day living standards. Something to think about the implications on the power grid stress to maintain the complex society I don't think alternatives will work. We have built it but can it be maintained without fossil fuels??
Part time jobs have been rising and most of the full time jobs are government, aka tax funded jobs, not the creation of production. Productivity is suffering horribly, especially when you consider the innovations that should have been causing increased productivity.
Thanks for keeping us updated. So at the end of the day it seems that the only thing we should focus on is currency debasement. The more they debase the higher Bitcoin goes.
Exactly, if you dont need money for at least 3 years, what's the point in selling it for Fiat currency, what you going to do with it ??? Put it in a bank, I'd rather leave it in crypto and take the chance
Sorry Toby but you're full of it on this one. Sahm rule triggered, recession confirmed. Easy for you to not be worried about it in your bali hut, but most people aren't you.
Well, sahm has already stated this time is different..2 reasons, 1. Jobs lossed from covid 2..all the illegal immigrants that have flooded. Look it up. She has said we aren't actually in a recession yet even tho the unemployment number acts as the reason
Federal reserve is actually not printing money that much right now. The treasury buying back notes may have some effect. Interest rates are sky high relative to inflation. Bitcoin is languishing because rates are too high.I don’t think the Fed is corrupt like, but they are stupid.
It is our government and our financial system in the United States that is responsible for us living in one of the most successful and economically powerful countries in the world. We enjoy a very high standard of living! You can stand around criticizing it all you want, but we are lucky to live here! Janet Yellen didn't say she was going to PRINT 3 TRILLION DOLLARS. What she said is that is the amount of investment that's needed to prevent disastrous man-made climate change. Man-made climate change will have a massive effect on the world's economy and social unrest will follow. That's what you should be afraid of. Of course our government and all governmental systems around the world have problems and they need to be criticized and they need to improve. However, If you don't believe in man-made climate change, please do a little research into the fact that it is the consensus of climate scientists around the world. And 196 countries joined the Paris Agreement to reduce man-made climate change. Are they just a bunch of idiots that don't know anything. But this guy does? Climate change is the biggest issue in our lives and people want to deny it. It could literally be the downfall of the human race.
What about bitcoin black swan waiting from 2 mining pools controlling 75% of hash rate. I know you don’t want to think or talk about it, Because it will destroy your whole career and your pride that built with Bitcoin
I´m no professor and there´s absolutely nothing wrong with being stupid like Toby and Heidi......but then starting a course or school or writing books get´s you comments like these.
Hi Toby and Heidi, today (Aug 4, 2024) on EnterTheStars channel the subject was how the Bitcoin blockchain gives the US government the ability to do civil asset forfeiture for a verity of petty reasons like defaulting on student loans, failure to get vacccinated, etc. I would like to hear your response to EnterTheStars channel show titled “Crypto was always the CBDC beast”. The channel has 120K+ subscribers. Thanks 🙂
The real scam Is we are taxed on our earned Income from your job then you Invest Into Crypto you are taxed again for capital gains double taxation! You guys are Lucky 🍀 to be In the UAE 🇦🇪 Crypto Friendly!
I am still confused maybe because english isnt my first language. Does it mean US will not go into recession because they will print more USD ? And since more USD be printed so the crypto bitcoin price will pumped just like years after 2020 ? Can anyone explain to me ? Thank you so much 🙏🏻
Alot of People believe exactly what u said. Printing money can be a tool to keep from a recession. Typically recessions can last around 10 months on average
RFK Jr and President Donald John Trump during the Bitcoin convention commented that the United States should build a reserve currency of Bitcoin. The current printing of fiat currency from the money machine that has caused the inflation so far, if the same fiat currency were used to purchase said Bitcoin for the reserve currency to offset our debt of 35 trillion dollars wouldn't that put us into deeper inflation and deeper in debt?
@@CryptoTips They were English subtitles but now this option disappeared and the remaining choice only includes Hindi, Polish, Spanish and English (auto-generated). The timing was wrong, bits of sentences were missing... and they were definitely not auto-generated, they were added subtitles.
👉 CT Club: learningcrypto.com
🎉 Heidi's New Book: shop.learningcrypto.com/products/why-crypto-e-book
Stay up to date: x.com/cryptotipsreal
1791 GUY GET YOUR FACTS STRAIGHT!
you need to get your FACTS right and not to be one of those clueless UA-camrs or Twitter people
Covid Recession or depression as you called it, was not the same as the Great Depression,
Bitcoin did not exist back then
the System was backed by GOLD
People sat home during Covid lockdown, hence the price gone up..
it has nothing to do with Currency Printing..
Do your research
I can’t imagine the government being honest with us about ANYTHING
The min they changed the definition of a recession . I said they'll lie about everything else going forward about the economy
Governments are all about Supreme special humans that focus on the ultimate human task of acquiring money so they can live a lavish high-quality lifestyle. Government is 100% the enemy
Agreed... can't stand politicians..every time mouth is open lies spew out
Bitcoin loves a crisis I heard. We’re about to find out.
Covid crisis was good for bitcoin.
doesn’t look like that
@duncanmacleod7287 but they will cut rates now….so maybe there will be money and quatitive easing during this crisis too.
A 14% bitcoin price drop versus filthy usd fiat. In 1 week ? Word 😮
Toby I worked for the military as a civilian electrical contractor for decades. The amount of waste I witnessed was blood boiling. Whether it was red tape, wasted time, or money thrown away, the waste was rediculous.
I can’t wait to hear politicians struggle to pronounce the word “quadrillion”.
best comment here.
That's a goooood one 😂
Yep, I’m glad it doesn’t rhyme anymore. And fyi, they already say the derivatives are in the quadrillions.
This comment is everything!
Crypto went up during the pandemic not because of the impending recession but because of all the disposable income from relief packages. Hardly the same situation.
💯 , people, and this guy still don’t get it..
@@hondacbx1975 explain please
Buy fear HODL
Thanks guys for not putting out fud clickbait like most of the other channels. Have come to realize you guys are much better than those
What fud? What click bait? Do you understand how blogs work?
Pre ETF maybe yes, but now with the banks and Governments controlling bitcoin it is just a normal stock now.
U got a LOT of work to do bud..Lots.
@@RandyDupree yes I do my goal is 10 bitcoin, so far I.have seven, so I think on to it, thanks.
Btc price action disagrees with you.
Wait a week and it will disagree with you too…
I knew a guy in the Air Force. His garage had over $50,000 worth of snap on tools the Air Force was throwing away. Most brand new stuff. That’s one guy.
If 'printing' money makes Bitcoin go up to $69k why is it that since then there has been even more printing and the mass introduction of BTC ETFs and the price is now just above $60k?
There's been quantitative tightening since March 2022.
Very simple, more sellers than buyers.
You're not biased? Give me a break! Lol
great one ,you nail it, thumps up
Unfortunately, BTC is also being pumped by money printing.. asset bubble is a fact in a debt laden economy.. when recession hit, a lot of companies will go bust; this is from bankruptcy and that is destruction of debt, which reduces liquidity.. and thus, risk asset like BTC will also be affected..
Liquidity is the thing that drives price higher, and certain commentators have said the stablecoin marketcap is not increasing (flat)..hence BTC "boring" sideways
Now that there is recession, liquidity will likely become even lower
Fed may ease interest rate but how much of new liquidity would go into BTC.. during recession.. unknown
When covid hit us in 2020, US gov decided to give free money to many ppl .. hence the stock/crypto pump during that time
Maybe US gov will do the same thing to prevent economic implosion?
Gold is a safe haven during recession; but BTC has yet reached that status, although that could change as time goes by
Ya, I'm sure during covid, unemployed people took their massive $600 checks and bought bitcoin lol.
Don't just repeat propaganda, use those god given critical thinking skills.
@@simrdownmon6431 It is said US gov printed trillions during covid... you do not know the impact of free money and how it multiplies within the system.. thats fractional reserve banking
I unloaded half my bags at 71K. Sold all my ETH and alts.
I wish I did that but this fire sale is amazing 😅
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
Please can you leave the info of your Investment advsor here? I'm in dire need for one.
@@KarinKeil stop bot shilling .. nobody serious comes here asking for that kind of help... do you really think folk here are that daft :/
We are not even in deep recession yet and BTC is on free fall!!! Wait till recession arrives(whole crypto market will go down!!!)
Bitcoin is now correlated with stocks.
A free fall??? Lol
👍🏼🇨🇦 We BUY RED, SELL GREEN.
we buy, we HODL, we get rich
IOW, DCA
@@thisisyourcaptainspeaking2259 IOW?
@@scottgould2142everything going to zero buddy lol it was all apart of the plan to usher in the NWO that was the purpose of the ETFs 😂
Thanks for the Pep talk. Very Inspirational
My concern with the network in general is the high energy profit ratio to run the complex society. I think when we exhaust net energy we're going to use the excess energy to maintain day to day living standards. Something to think about the implications on the power grid stress to maintain the complex society I don't think alternatives will work. We have built it but can it be maintained without fossil fuels??
Part time jobs have been rising and most of the full time jobs are government, aka tax funded jobs, not the creation of production. Productivity is suffering horribly, especially when you consider the innovations that should have been causing increased productivity.
Thanks for keeping us updated. So at the end of the day it seems that the only thing we should focus on is currency debasement. The more they debase the higher Bitcoin goes.
Excellent content Toby!
Massive accumulation phase, next move gonna be huge
Great rant. Politicians are liars.
Shared to twitter /X
Thank you guys. 😊
? When we spend money on climate change ? Ware does the money go !!! ?
Up the politicians' noses. They have to be on drugs to believe all of the nonsense going about.
Love that shirt Mr. Crypto Tips!
Probably my favorite opening to any video you’ve ever made. Couldn’t agree more.
Selling crypto for what? Toilet paper?
Exactly, if you dont need money for at least 3 years, what's the point in selling it for Fiat currency, what you going to do with it ??? Put it in a bank, I'd rather leave it in crypto and take the chance
Love you guys .... keep going and thanks for everything !🙏
One of the best crypto and economics videos I've ever seen!
Should've heard this news yesterday. Thanks for the Insight.
No worries
Thank you both for your work !!!
August is red
Love you guys!!! Love that we’re on the same page ❤
What's your thoughts on BlackRock accumalating so much of the supply?
well what should we do as holders ?? just wait ?
3 trillion dump was Fri
Great channel! 👍😎
Appreciate your great full information sir.
King Charles the dog just had a $500.000. dinner in Paris...
That's what muts do..
❤
I like this upload timing. Perfect for my morning update.
Love your information brother, you tell it like it is.
Isn‘t the ‚birth‘ of the USD at Bretton Woods?
Left translated cycle, blow off top November
Thank you for enlightening us 👍
Sorry Toby but you're full of it on this one. Sahm rule triggered, recession confirmed. Easy for you to not be worried about it in your bali hut, but most people aren't you.
Well, sahm has already stated this time is different..2 reasons, 1. Jobs lossed from covid 2..all the illegal immigrants that have flooded. Look it up. She has said we aren't actually in a recession yet even tho the unemployment number acts as the reason
bitcoin is my dollar😀
Federal reserve is actually not printing money that much right now. The treasury buying back notes may have some effect. Interest rates are sky high relative to inflation. Bitcoin is languishing because rates are too high.I don’t think the Fed is corrupt like, but they are stupid.
The FED is the definition of corruption. World corruption!
Thanks for video, you make really valid points and made me see things clearly😊
It's a shame all these sellers are panicking
BTC 58k and falling
Cme gap
How much taxmoney went to Israël...?
1 BTC will EASILY reach $1m soon as 1L milk botle will be $1,000 USD, like very soon
You know what comes after the worst day
And I'm here for it!
Interesting take, thanks
Money moves out of bonds because yields fall and stocks because outlook falls. Money will flow into Bitcoin but will it flow into risky alts?
It is our government and our financial system in the United States that is responsible for us living in one of the most successful and economically powerful countries in the world. We enjoy a very high standard of living! You can stand around criticizing it all you want, but we are lucky to live here! Janet Yellen didn't say she was going to PRINT 3 TRILLION DOLLARS. What she said is that is the amount of investment that's needed to prevent disastrous man-made climate change. Man-made climate change will have a massive effect on the world's economy and social unrest will follow. That's what you should be afraid of. Of course our government and all governmental systems around the world have problems and they need to be criticized and they need to improve. However, If you don't believe in man-made climate change, please do a little research into the fact that it is the consensus of climate scientists around the world. And 196 countries joined the Paris Agreement to reduce man-made climate change. Are they just a bunch of idiots that don't know anything. But this guy does? Climate change is the biggest issue in our lives and people want to deny it. It could literally be the downfall of the human race.
I love your enthusiam.
They are far too deep into their lies, they have to keep it going
A monkey from heaven! You cracked me up on that one! Lol
How you not biased if Heidi is your wife? Are you a politician too?😅
Talking crypto but then seelling mugs and merch, mercy pls haha
the rich create multiple streams of income
@@HigginsLawLLCWinterHaven sure,,,,
Toby, Nice shirt.
So how much has Bitcoin fallen in the last 5 days ?
What about bitcoin black swan waiting from 2 mining pools controlling 75% of hash rate. I know you don’t want to think or talk about it, Because it will destroy your whole career and your pride that built with Bitcoin
Great points!
Is there an audiobook of her book? Some members of my family unfortunately struggle to read, however they will listen.
It’s not yet available
@@CryptoTips thank you for all the education you provide.
thanks much james
That’s a dope shirt
Thanks as always Toby, the share of wealth in the world is totally out of balance. As is the abuse of power.
Calling Bitcoin , Crypto? How dare you!
One of my favourite utube channels now 👍
Thanks 👍
Everyone needs to get Gerald celantes shirts there brilliantly done
Where is that shirt from?
Made in China?
@@murdochz most likely, lol
I´m no professor and there´s absolutely nothing wrong with being stupid like Toby and Heidi......but then starting a course or school or writing books get´s you comments like these.
Hi Toby and Heidi, today (Aug 4, 2024) on EnterTheStars channel the subject was how the Bitcoin blockchain gives the US government the ability to do civil asset forfeiture for a verity of petty reasons like defaulting on student loans, failure to get vacccinated, etc. I would like to hear your response to EnterTheStars channel show titled “Crypto was always the CBDC beast”. The channel has 120K+ subscribers. Thanks 🙂
The real scam Is we are taxed on our earned Income from your job then you Invest Into Crypto you are taxed again for capital gains double taxation! You guys are Lucky 🍀 to be In the UAE 🇦🇪 Crypto Friendly!
I am still confused maybe because english isnt my first language. Does it mean US will not go into recession because they will print more USD ? And since more USD be printed so the crypto bitcoin price will pumped just like years after 2020 ? Can anyone explain to me ? Thank you so much 🙏🏻
Alot of People believe exactly what u said. Printing money can be a tool to keep from a recession. Typically recessions can last around 10 months on average
@@lukast02 Oh okay thank you for the information
RFK Jr and President Donald John Trump during the Bitcoin convention commented that the United States should build a reserve currency of Bitcoin. The current printing of fiat currency from the money machine that has caused the inflation so far, if the same fiat currency were used to purchase said Bitcoin for the reserve currency to offset our debt of 35 trillion dollars wouldn't that put us into deeper inflation and deeper in debt?
The CBDC is already here and people don’t even realize it… it is called USDT, USDC, and PYUSD.
You mean 3000 billion!? Not million...
XEN crypto launched by a former Google engineer who is soon launching a new X1 blockchain. XEN crypto.
Bitcoin dripped 14% in this past week ? Would prefer coverage on that
So you know more than the top economists and financial experts of the world?
Recession markets crypto will dump dude 😂😂😂
Right? People sell their crypto to eat and pay bills in a recession
@wombatt360 a small % of crypto is held by people who need to sell to eat. Sorry to burst your bubble
Will it dump at first? Oh ya. But immediately be bought up by smart money shortly thereafter. Just like every time in the past 15 years.
@@TANQ31 it doesn't burst my bubble. I hope you're right.
@@TANQ31 yes, but so does the stock market
theory and practice 😎
Let's go Toby, why are we bullish when we are falling 10% daily?
War is hardly Net Zero.
Don't confuse the military industrial complex with politicians -- LOL wut? /s?
Icebergs are amazing for LIfeboat appreciation.
Looks like Toby is in Asia.?
I don't follow your point amidst all the word salad. Are you saying there is going to be a recession or not?
People hate me wherever I go , then where do I go? I’m so confused
Well, take care of your health first and foremost my friend
thanks toby
3:30 would be a pity if you are not biased
Yep, if I wasn't biased with something my wife made - I would be a dead man walking 😂
Recession already here for some sectors. Mild depression on the way?
Btw, check your subtitles guys 😉
Why? 😃
@@CryptoTips There's a couple of issues with it, for instance it isn't well synchronized with your speech
Which language?
@@CryptoTips They were English subtitles but now this option disappeared and the remaining choice only includes Hindi, Polish, Spanish and English (auto-generated). The timing was wrong, bits of sentences were missing... and they were definitely not auto-generated, they were added subtitles.
Yep.