I Just Invested $200k in 2 Projects (Top SECRET Amazon Crypto Plan) - YouTube

Channel: BitBoy Crypto

[0]
Welcome to BitBoy Crypto!
[2]
Home of the BitSquad
[3]
The largest and greatest crypto community in all the Interwebs
[6]
My name is Ben.
[7]
Everyday, I show you how to make money in crypto.
[9]
If you like money and crypto, make sure to hit that subscribe button.
[12]
Guys, I'm coming to you live today from the Jeep,
[15]
from the Rubicon 392 8-cylinder Jeep Wrangler,
[19]
trying to make it happen at the last travel team--
[23]
or the last all-star tournament of the weekend.
[26]
Probably going to be playing for the championship today.
[27]
Pretty exciting stuff for my son
[30]
and his dad who may or may not be trying to live his dreams vicariously
[34]
through my better athletic son than I ever was.
[37]
But today, I want to talk to you guys just briefly.
[39]
We're going to have a quick video today.
[41]
I've got to go. Game's about to start here in about 20 minutes.
[45]
But I want to talk to you guys about Amazon.
[48]
There's a lot of news going on around Amazon
[52]
and some things that you may only hear exclusively on this channel.
[56]
I believe that you--
[57]
I don't think anybody else has talked about this yet.
[61]
I'm going to give you two coins,
[63]
two coins to load up on.
[65]
I bought $100,000 each of these two coins yesterday.
[72]
I'm going to tell you why.
[73]
I'm going to tell you why I think it's important and the rumors that I'm hearing
[77]
and then of course what we know to be true from Amazon.
[81]
We'll also talk just briefly about Bitcoin,
[84]
the price action for it,
[85]
where it can be going in the short term.
[87]
But here's the news, guys.
[88]
The news is-- you may have heard this on Altcoin Daily channel,
[90]
I know we talked about it briefly on Friday on Around the Blockchain,
[93]
I said it would be bigger for Bitcoin right now,
[96]
at this moment,
[97]
if Amazon bought Bitcoin to add to their corporate treasury
[101]
than if they started accepting crypto.
[105]
Now, why are people talking about Amazon accepting crypto?
[107]
Well, this is simple.
[109]
This is because there was a job posting where Amazon was looking for a crypto expert
[116]
to look into all areas of crypto, ways blockchain can be used,
[121]
how does it accept payments,
[122]
the whole nine yards.
[124]
We've seen this in the past from other companies that have asked for these kinds of employees.
[129]
We've even seen the government ask for blockchain employees,
[133]
within the IRS,
[134]
within the SEC and some other organizations.
[138]
So everyone is taking this to mean that Amazon definitively is going to be accepting crypto.
[142]
Now, the recent CEO who took over--
[145]
because I believe Jeff Bezos stepped down as CEO technically.
[149]
He's probably still on the board or whatever. He probably still controls it all.
[151]
He's a lizard person as you guys know.
[154]
But the fact is that the new CEO that they've hired is very crypto-friendly.
[160]
He's made a lot of positive statements in the past.
[163]
This could--
[164]
Jeff Bezos on the other hand had said a lot of negative things about crypto and Bitcoin in the past,
[168]
so it seems like this transition of power from CEO to the new CEO could be what is spurring on this.
[174]
Jeff Bezos maybe want to move away.
[176]
I mean, look, he made his billions in cash.
[178]
Why would he really care about crypto at this point?
[180]
Crypto and Bitcoin are really for someone that want to change their life financially.
[184]
We see a lot of the bigger players in the financial cartel coming in sweeping up Bitcoin.
[190]
This is to keep control.
[191]
But Bitcoin is a thing that's greatest appreciating value-- or greatest appreciating asset in the history of mankind.
[198]
If you actually try to quantify the gains of Bitcoin
[200]
from the beginning when it was mined by Satoshi Nakamoto to today,
[204]
you'll get almost an infinity symbol.
[206]
Like, that's how astronomical these gains are for Bitcoin.
[210]
So, there are people who want to change their lives.
[212]
Now, this new CEO that has taken over, we don't exactly know his stance on this,
[216]
but we do know they are now exploring crypto
[219]
and why you're--
[221]
and what they can do with it internally at Amazon.
[223]
So this something that is coming.
[224]
I would expect this rollout to really come sometime next year.
[228]
But I've been told,
[229]
I've been given a rumor. Now, I can't verify the truth of this.
[233]
The rumor is that Amazon will be accepting crypto in Quarter 3.
[239]
Now, if you think about what really kicked off this bull run,
[243]
the real pumpage of this bull run,
[245]
you've got to go back to September of last year,
[247]
in October of last year,
[248]
when it was announced that PayPal was going to be allowing their customers
[252]
to buy Bitcoin, Litecoin, Ethereum and Bitcoin Cash.
[256]
That actually is what really kicked us off. It got us over $10,000 for good.
[261]
Now, if you look at Amazon right now
[264]
and what this could potentially do to the price if they accept it in Quarter 3--
[268]
now, I've been given this on a rumor.
[270]
This is not one of my sources who I've been able to verify stuff with.
[275]
So, at this point, I can only tell you this is a rumor.
[277]
They're accepting on Quarter 3.
[279]
This guy claims to know someone that works at Amazon very high up,
[284]
and this where this information is coming from.
[287]
So accepting in Quarter 3.
[288]
The other news I've been given-- and I've got to give you a word of caution.
[291]
I don't usually do this with my sources, but since this is what I believe to be a rumor at this point,
[297]
you know, it's got to be verified more by me, but I'm going to tell you what I was told.
[301]
What I was told is there are two coins that Amazon is going to be working with.
[307]
One of them makes a lot of sense.
[310]
And the other one also makes a lot of sense based on what we know about this project.
[313]
The first coin is AMP.
[315]
Now, this is Flexa Network.
[317]
We did a review on them.
[318]
Several weeks ago, the price was pumping. It was absolutely going through the moon.
[322]
Maybe this Amazon news could have something to do with it.
[325]
The Flexa Network and AMP, maybe what they're going to be using
[329]
to accept digital payments in the future on Amazon.
[332]
So that's one coin.
[333]
We've talked about how AMP adoption has been, you know, parabolic over this year.
[338]
And, you know, if you want to check out that video, you can go to our channel and search AMP,
[343]
A-M-P,
[344]
and you can find what we said about that.
[346]
The second coin,
[348]
this would be the smart contract platform that Amazon could be looking to use in the future,
[355]
is Algorand.
[356]
So, yesterday, I actually bought $100,000 each of AMP and of Algorand.
[362]
Now, we had bought $50,000 worth of AMP a couple months ago.
[366]
We still have that. We added to our holdings.
[369]
As far as Algorand goes,
[372]
Algorand got swept up in my altcoin capitulation over to stablecoins a couple months ago,
[378]
so I was actually holding zero Algorand.
[380]
Algorand does have really great staking benefits on Coinbase,
[384]
so I went ahead and add $100,000. We're staking there.
[387]
Hopefully, we'll be able to, you know, get some returns on that investment.
[392]
So these are the two coins that I'm hearing.
[394]
AMP and Algorand.
[396]
Make sure to load up on those two.
[397]
Look, not financial advice.
[398]
I'm just telling you what I did.
[400]
I took it-- I took this rumor seriously enough
[403]
to say I don't want to FOMO. I'd rather get in on the frontside than on the backside.
[407]
So that's what I did.
[409]
Next time we do a portfolio video, you'll be able to see,
[412]
which I don't know when that'll be.
[413]
I would like things to get going positive again,
[415]
which it feels like they are now.
[417]
Now, if you've been watching the price of Bitcoin over the weekend,
[420]
we've been going between about $34K, about $33.9K and about $34.5K.
[425]
We've been in that range.
[427]
Now, people are saying that we could have a short squeeze coming on Bitcoin.
[432]
What is a short squeeze?
[432]
Well, this is where too many people are shorting,
[435]
and they get squeezed out by price pumps that basically, you know, keep the market balance.
[441]
This is what was going on with AMC, with GameStop, the whole nine yards.
[445]
Short squeezing the hedge funds.
[447]
So with these, this is more short squeezing the general amount of leverage trading shorts
[451]
that are going on out there.
[453]
Now, we just talked about, I believe it was on Friday, on the channel on our live stream,
[456]
about how shorts have taken back over.
[459]
The vast majority of trades right now are in shorts.
[463]
Now, this is something you see with sports gambling. Okay?
[465]
With sports gambling,
[467]
the smart money is not usually doing what the dumb money is doing. Okay?
[472]
Whenever you see bets coming in heavily on one side of a bet,
[478]
it's a good sign to you that the smart money is on the other side.
[481]
They know something you don't.
[483]
So with Bitcoin right now,
[484]
when you see the majority of people wanting to short,
[487]
that's a positive thing for the price
[490]
because that means they're probably about to get the rug pulled out from underneath them.
[494]
Probably a lot of people expecting big gains this weekend, and they did not materialize.
[498]
So this could be sending the price of Bitcoin up over $40,000 in the next week.
[503]
If you listen to what we've been saying on this channel for a long time,
[505]
we've been telling you
[506]
that, you know, the price of Bitcoin this year, probably going up to around $100,000,
[511]
leg 2 of this bull run coming.
[513]
We told you in mid-July.
[515]
The 20th is when we saw the low. That definitely fits within that range.
[519]
So I'm feeling very positive about everything.
[520]
I'm hoping we don't have one last pullback.
[523]
But I want to know from you guys, what do you think about this Amazon news?
[526]
Drop that down below in the comments.
[527]
And I also want to know from you guys,
[530]
where do you think Bitcoin is going this month?
[533]
Or in the next 30 days, let's just say.
[535]
Drop that down below as well.
[538]
Alright, guys. That's all we got.
[539]
I need to go watch some baseball.
[540]
Love you. Be blessed.
[541]
BitBoy out.