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Why I Bought 1 Million ADA (BEST Cardano Price Prediction) - YouTube
Channel: BitBoy Crypto
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one million cardano that's right
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i bought one million cardano a few weeks
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back it has been one of my favorite
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projects to watch grow
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over the past 12 months and it's just
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now starting to hit its stride
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in this video we go into why i bought a
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milieta like a boss a few months ago
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when it was barely knee-high to an
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ethereum but what is ada going to do
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besides making millions of dollars
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stay tuned to find out let's get it
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bit swap is the hottest new way to trade
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tokens
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crawling all the top decentralized
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and value for your trades bitswap is
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try it now at bitswapdex.com
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welcome to bitboy crypto the largest
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crypto channel in all the interwebs
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my name is ben every day i show you how
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to make money in crypto
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if you like money and crypto then make
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sure to hit that subscribe button
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if you're new to crypto welcome to the
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bit squad
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let me do a quick overview for you guys
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of cardano and its token
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ada but before we get into that i do
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want to remind you you guys can leverage
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trade ada
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and many other tokens on buybit
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including bitcoin and ethereum of course
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check out bitboycritter.com deals and
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click on the buy bit section at the top
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of the deals page to get started
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of course always use appropriate
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leverage and proper risk management
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cardano was started by charles hoskinson
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after he separated from the ethereum
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team back in 2014
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to start his own smart contract
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blockchain called cardano
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along with former ethereum teammate
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jeremy wood card on his approach to
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development and features has been
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extremely methodical during its
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development
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their roadmap is painstakingly mapped
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out to capture any corner cases
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keep the bugs to a minimum even on their
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website they describe cardano as
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peer-reviewed and evidence-based this
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laser focus means that cardano is primed
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to be a lean
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powerful machine ready to take the lead
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over their competitors
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just like my dodge demon america to say
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i'm bullish though on cardano is an
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understatement and here's why besides
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all the nerd talk about peer reviews
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cardano's founder charles hoskinson has
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made it a point to embrace
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decentralization
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call it out often don't be fooled by his
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cherubic face nerdy glasses and hawaiian
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charms
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charles is a bonafide enemy of the
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establishment on the front page of
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cardona's website it states
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cardano exists to redistribute power
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from unaccountable structures to the
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margins
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to individuals i love that once again
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america but beyond cardano sharing core
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beliefs with the world's only
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back-to-back world war winner
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cardano is looking to help second and
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third world nations climb out of poverty
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and better their people a lot of the
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reason countries like colombia or
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botswana are struggling is because they
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lack the infrastructure
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to protect people's property how can you
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show proof of ownership of land or
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farming equipment
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or an insurance policy if the government
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or
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insurance companies only have a paper
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trail leading back to when the last
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military coup
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burned all the documents in town five
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years ago or
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paid russian hackers to wipe those
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servers
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if only there was a technology that was
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basically unhackable
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that allowed for storing transaction
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history hmm
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oh yeah that's right it's called
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blockchain so cardano has
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big goals has brilliant founders and a
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scientific approach
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science to developing their blockchain
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assets and it's because
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of that that i saw the potential of what
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cardano could do
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and where the ada price could go ada
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isn't an ethereum killer an ecosystem
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for transactions
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but also it's for governance and
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business charles hoskinson said so in a
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recent interview with cryptoglobe
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said it's important to say ethereum is
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killing itself
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they are replacing ethereum with
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ethereum 2.0 so
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ethereum 2.0 will kill ethereum 1.0 so i
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think that's the ethereum killer
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we try to do more holistic things it's
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not just
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can you process smart contracts i bought
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cardone back in january when it was
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around 15 cents per ada i saw its
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potential and went big
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i bought a million ada so far that's
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really worked out well for me
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really really really well that's only
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the tip of the cardona iceberg
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ada is the crypto asset part of cardano
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global payments in the blockchain
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but ada right now is around 1.70 at the
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time of this recording of the video
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and it hasn't even launched yet that's
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right there's no smart contract
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for cardona yet crypto investors are
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already seeing the potential of cardano
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because the road map is so solid and
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that's where we get to my price
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prediction for ada
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because this summer the alonzo hard fork
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is coming and with that
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cardano gets smart contract capabilities
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they just launched the test net
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and it's not launching without support
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it's already got two great projects
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that are ready to start working with ada
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smart contracts on day one
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of the alonzo hard fork but more on that
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in a moment
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my price prediction conservatively for
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cardone this cycle is a 4x from its
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current price of 1.70
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which would be 6.80 but here's the thing
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that's setting ada up for such a big
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pump
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it's shown amazing resilience to price
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fluctuations compared to other alts
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during this bull run
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it smashed its all-time high repeatedly
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topping out two dollars and thirty cents
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on may 15th of 2021.
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since then it's pulled back during this
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correction but its prospects are still
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very bright
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i predict in my most bullish scenario
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the ada can hit eight to nine dollars
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this year so if you've been buying ada
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even from its previous all-time highs in
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2018
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you're looking at a 900 profit on ada
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that's the gains we like to see on this
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channel
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so we got a lot of upside to look
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forward to in this cycle
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but will that hold up will aid a peak
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and then crash
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i don't think so let's go back to the
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other projects i mentioned that are
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starting alongside cardano's new smart
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contracts
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how come finance and card starter talked
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about these before but good things bear
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repeating
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like how i can repeatedly humiliate
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anyone who dares challenged by many many
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hundos of american
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powers who live inside my dodge look i
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don't make the rules but
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if you challenge the demon there's going
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to be health to pay but i digress
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let's get back to crypto and gains again
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finance and its occ token
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are a device project that's custom built
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for cardano its goal is not only to be
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the unit swap of cardano
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but help cardano based projects get off
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the ground and get funded
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it's a launch pad but not only is it set
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to launch
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other projects but it's doing so while
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keeping fees low
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and allowing for limited kyc which keeps
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d5 from becoming
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well not d5 ocom has been plugged into
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the cardano development community
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and by their own estimation there are
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over three thousand projects waiting in
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the wings for a card on a smart
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contract's platform
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to be listed on this will be huge the
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occ token has only been trading since
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april
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has held its price above 10 bucks for
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most of that time
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it's too early to give a price
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prediction on that one but considering
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that it's recovered
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so quickly after the market disruptions
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we've had recently
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more and more healthy by the day so in
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addition to occ
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another cardano project that's ready for
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the new functionality
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is a channel favorite card starter cards
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is a great
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project and sets itself apart from other
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device exchanges
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because it's the first exchange ever to
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ensure
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community project backers from financial
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loss in case a project fails
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falls apart or ends up being a rug pull
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card starter is also vetting the
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projects they feature
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with a rigorous set of rules that's
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enforced by a separate quality assurance
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program
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these new features add a lot of
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confidence and clout to the
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already rigorous and nerdy card auto
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development system
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car starter also launched their token
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cards back in april
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and it's seen a steady price pump ever
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since
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coming out with a price of three dollars
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and fifty cents cards is now trading
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today for a whopping 43 dollars we like
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car starters so much we've partnered
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with them
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and for transparency we're also invested
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in auckland finance but with card
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starter look
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there we are on their home page oh and
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look chain link partnered with them too
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which is amazing because chain link has
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partnered with
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everyone except for bitboy crypto chain
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link where's our invite
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if you're interested in trading some
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cards or picking up some occ
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you can find them on unit swap by laxi
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one inch and sushi swap and of course
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bit swap decks dot io so that's my take
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on cardano and why i bought a cool
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milliaveda
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what do you think ada is going to do is
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cardano going to be the next ethereum
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will chainlink partner with our office
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dog ada
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is charles hoskins in a clone of steve
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wozniak
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comment below with your predictions and
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your comments
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if you haven't already of course hit
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that subscribe button after you smash
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the like button it really helps us out
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but that's all i got be blessed
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[Music]
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you
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