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I Just Invested $200k in 2 Projects (Top SECRET Amazon Crypto Plan) - YouTube
Channel: BitBoy Crypto
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Welcome to BitBoy Crypto!
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Home of the BitSquad
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The largest and greatest crypto community
in all the Interwebs
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My name is Ben.
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Everyday, I show you how to make money in crypto.
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If you like money and crypto,
make sure to hit that subscribe button.
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Guys, I'm coming to you live today from the Jeep,
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from the Rubicon 392 8-cylinder Jeep Wrangler,
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trying to make it happen at the last travel team--
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or the last all-star tournament of the weekend.
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Probably going to be playing
for the championship today.
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Pretty exciting stuff for my son
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and his dad who may or may not be
trying to live his dreams vicariously
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through my better athletic son than I ever was.
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But today, I want to talk to you guys just briefly.
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We're going to have a quick video today.
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I've got to go. Game's about to start
here in about 20 minutes.
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But I want to talk to you guys about Amazon.
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There's a lot of news going on around Amazon
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and some things that you may only
hear exclusively on this channel.
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I believe that you--
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I don't think anybody else has talked about this yet.
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I'm going to give you two coins,
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two coins to load up on.
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I bought $100,000 each of these two coins yesterday.
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I'm going to tell you why.
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I'm going to tell you why I think it's important
and the rumors that I'm hearing
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and then of course what we know
to be true from Amazon.
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We'll also talk just briefly about Bitcoin,
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the price action for it,
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where it can be going in the short term.
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But here's the news, guys.
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The news is-- you may have heard this
on Altcoin Daily channel,
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I know we talked about it briefly on Friday
on Around the Blockchain,
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I said it would be bigger for Bitcoin right now,
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at this moment,
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if Amazon bought Bitcoin to add
to their corporate treasury
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than if they started accepting crypto.
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Now, why are people talking
about Amazon accepting crypto?
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Well, this is simple.
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This is because there was a job posting
where Amazon was looking for a crypto expert
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to look into all areas of crypto,
ways blockchain can be used,
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how does it accept payments,
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the whole nine yards.
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We've seen this in the past from other companies
that have asked for these kinds of employees.
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We've even seen the government ask
for blockchain employees,
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within the IRS,
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within the SEC and some other organizations.
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So everyone is taking this to mean that Amazon
definitively is going to be accepting crypto.
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Now, the recent CEO who took over--
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because I believe Jeff Bezos
stepped down as CEO technically.
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He's probably still on the board or whatever.
He probably still controls it all.
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He's a lizard person as you guys know.
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But the fact is that the new CEO that
they've hired is very crypto-friendly.
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He's made a lot of positive statements in the past.
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This could--
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Jeff Bezos on the other hand had said a lot of
negative things about crypto and Bitcoin in the past,
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so it seems like this transition of power from CEO
to the new CEO could be what is spurring on this.
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Jeff Bezos maybe want to move away.
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I mean, look, he made his billions in cash.
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Why would he really care about crypto at this point?
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Crypto and Bitcoin are really for someone
that want to change their life financially.
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We see a lot of the bigger players in the financial
cartel coming in sweeping up Bitcoin.
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This is to keep control.
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But Bitcoin is a thing that's greatest appreciating value--
or greatest appreciating asset in the history of mankind.
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If you actually try to quantify the gains of Bitcoin
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from the beginning when it was mined
by Satoshi Nakamoto to today,
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you'll get almost an infinity symbol.
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Like, that's how astronomical
these gains are for Bitcoin.
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So, there are people who want to change their lives.
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Now, this new CEO that has taken over,
we don't exactly know his stance on this,
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but we do know they are now exploring crypto
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and why you're--
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and what they can do with it internally at Amazon.
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So this something that is coming.
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I would expect this rollout to really
come sometime next year.
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But I've been told,
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I've been given a rumor.
Now, I can't verify the truth of this.
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The rumor is that Amazon will be
accepting crypto in Quarter 3.
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Now, if you think about what really
kicked off this bull run,
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the real pumpage of this bull run,
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you've got to go back to September of last year,
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in October of last year,
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when it was announced that PayPal was
going to be allowing their customers
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to buy Bitcoin, Litecoin, Ethereum and Bitcoin Cash.
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That actually is what really kicked us off.
It got us over $10,000 for good.
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Now, if you look at Amazon right now
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and what this could potentially do to the price
if they accept it in Quarter 3--
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now, I've been given this on a rumor.
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This is not one of my sources
who I've been able to verify stuff with.
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So, at this point, I can only tell you this is a rumor.
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They're accepting on Quarter 3.
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This guy claims to know someone
that works at Amazon very high up,
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and this where this information is coming from.
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So accepting in Quarter 3.
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The other news I've been given--
and I've got to give you a word of caution.
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I don't usually do this with my sources, but since
this is what I believe to be a rumor at this point,
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you know, it's got to be verified more by me,
but I'm going to tell you what I was told.
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What I was told is there are two coins
that Amazon is going to be working with.
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One of them makes a lot of sense.
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And the other one also makes a lot of sense
based on what we know about this project.
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The first coin is AMP.
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Now, this is Flexa Network.
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We did a review on them.
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Several weeks ago, the price was pumping.
It was absolutely going through the moon.
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Maybe this Amazon news could
have something to do with it.
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The Flexa Network and AMP,
maybe what they're going to be using
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to accept digital payments
in the future on Amazon.
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So that's one coin.
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We've talked about how AMP adoption has
been, you know, parabolic over this year.
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And, you know, if you want to check out that video,
you can go to our channel and search AMP,
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A-M-P,
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and you can find what we said about that.
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The second coin,
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this would be the smart contract platform that
Amazon could be looking to use in the future,
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is Algorand.
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So, yesterday, I actually bought $100,000
each of AMP and of Algorand.
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Now, we had bought $50,000
worth of AMP a couple months ago.
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We still have that. We added to our holdings.
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As far as Algorand goes,
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Algorand got swept up in my altcoin capitulation
over to stablecoins a couple months ago,
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so I was actually holding zero Algorand.
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Algorand does have really great
staking benefits on Coinbase,
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so I went ahead and add $100,000.
We're staking there.
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Hopefully, we'll be able to, you know,
get some returns on that investment.
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So these are the two coins that I'm hearing.
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AMP and Algorand.
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Make sure to load up on those two.
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Look, not financial advice.
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I'm just telling you what I did.
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I took it-- I took this rumor seriously enough
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to say I don't want to FOMO. I'd rather get in
on the frontside than on the backside.
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So that's what I did.
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Next time we do a portfolio video,
you'll be able to see,
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which I don't know when that'll be.
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I would like things to get going positive again,
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which it feels like they are now.
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Now, if you've been watching the price
of Bitcoin over the weekend,
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we've been going between about $34K,
about $33.9K and about $34.5K.
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We've been in that range.
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Now, people are saying that we could have
a short squeeze coming on Bitcoin.
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What is a short squeeze?
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Well, this is where too many people are shorting,
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and they get squeezed out by price pumps that
basically, you know, keep the market balance.
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This is what was going on with AMC,
with GameStop, the whole nine yards.
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Short squeezing the hedge funds.
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So with these, this is more short squeezing
the general amount of leverage trading shorts
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that are going on out there.
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Now, we just talked about, I believe it was on Friday,
on the channel on our live stream,
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about how shorts have taken back over.
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The vast majority of trades right now are in shorts.
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Now, this is something you see
with sports gambling. Okay?
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With sports gambling,
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the smart money is not usually doing what
the dumb money is doing. Okay?
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Whenever you see bets coming in
heavily on one side of a bet,
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it's a good sign to you that
the smart money is on the other side.
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They know something you don't.
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So with Bitcoin right now,
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when you see the majority of people wanting to short,
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that's a positive thing for the price
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because that means they're probably about
to get the rug pulled out from underneath them.
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Probably a lot of people expecting big gains
this weekend, and they did not materialize.
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So this could be sending the price of Bitcoin
up over $40,000 in the next week.
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If you listen to what we've been saying
on this channel for a long time,
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we've been telling you
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that, you know, the price of Bitcoin this year,
probably going up to around $100,000,
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leg 2 of this bull run coming.
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We told you in mid-July.
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The 20th is when we saw the low.
That definitely fits within that range.
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So I'm feeling very positive about everything.
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I'm hoping we don't have one last pullback.
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But I want to know from you guys,
what do you think about this Amazon news?
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Drop that down below in the comments.
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And I also want to know from you guys,
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where do you think Bitcoin is going this month?
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Or in the next 30 days, let's just say.
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Drop that down below as well.
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Alright, guys. That's all we got.
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I need to go watch some baseball.
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Love you. Be blessed.
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BitBoy out.
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