Bitcoin hit $50k today and it's done that just for a slight moment. It's not over $50,000 now, but that's just a matter of time until the continuation will follow up. There's a strong psychological resistance there imo and people are probably setting a lot of buy orders on that level and also a lot of shorting is also taking place in this range. Nevertheless, Bitcoin is getting more and more mainstream and on top of that is gradually becoming a store of value.
All the institutional money that got into BTC, most of them at over $20,000, are not doing that for a quick buck or just to test the waters. These are smart guys who've been making money all of their lives and have a deep understanding of the financial world, how's that evolved over time, where it might be heading and what huge influence technology has and will play in our lives. Bitcoin is the goat and DOGE is the meme.
It's pointless to once again recap the story of DOGE from the past weeks, but what's notable about this shitcoin is that, despite everyone acknowledging it as a shitcoin, it's still highly popular, it has probably one of the strongest communities of all the crypto projects out there and it's endorsed by Elon Musk himself. One famous youtuber, that I used to follow for many years, talking recently about DOGE and its great community, probably inspired by Elon Musk as he's a fan of Elon and Tesla, is Marques Brownlee(aka MKBHD). He lately shared a video on youtube to his over 13 million followers talking DOGE and TRON...
Yes, you read that right: TRON. While he seemed to be a DOGE fan boy, giving credit to the community of the meme coin and their involvement in real life projects with all sort of sponsorships he's definitely not a fan of TRON, nor Justin Skunk. As he revealed in his video on youtube he got an e-mail from somebody from TRON asking him for a paid tweet about the shitcoin. Yes, TRON is a shitcoin and its so called founder, Justin the Dumb, has called it this way as well.
Chances are that you've already seen tweets from Lindsay Lohan, Ne-Yo, Lil Yachty and Amanda Cerny shilling TRON, TRX and JST, but you have probably not gave em too much attention. First of all, these are paid promotions as MKBHD exposed in his video via the e-mail he received and shared with his followers. Paid promotions among celebrities are not something rare, as some types of such influencers are making a lot of money with these things, see John McAfee as a pure shiller who was making over $100,000 per tweet in 2017 and is now on the cusp of getting to jail, paid shillings being one of the accusation.
What a joker... 😁 No, not John McAfee, as this guy at least has balls and proved that several times. I'm saying that to Justin Sun, who got gamed by Ned Scott into buying Steemit, him actually believing he's buying the whole blockchain. Man, how can you even think you're buying a whole blockchain, supposedly decentralized one. Who can you be that dumb especially when you consider yourself an entrepreneur and a blockchain based project founder. This guy is nothing. I bet he hasn't created anything in his life, he's dumb as fuck, he has probably all the money he throws around from Jack Ma and proved several times to be a bad investor.
Recently Justin Sun has invested in GME as well, the stock that got famous thanks to the WSB, but in his own style, he's done that too late, buying the top and losing $8 million with this tarde. Great job Justin boy... Now you thought TRX being shilled by some bimbos, cheap rappers and tech guys will take your shitcoin to the moon and make up for some of these loses. Well, it didn't worked out with MKBHD, as the young entrepreneur declined his proposal and even exposed his try.
Justin Sun Denies Paying Celebrities to Promote Tron according to Decrypt, news that's probably paid by mister Sun to wash his tainted image, but who believes this guy anymore. He's such a professional liar that there's no outlet changing that in the people's minds. He's trying hard though. But you know what's funny? That DOGE is pretty much at the same dollar valuation as TRX is, but my take is DOGE will kick Tron's ass on the long run. However, in the e-mail that MKBHD received it was mentioned that Tron is a "Ethereum Killer*. Man, Tron hasn't been able to kill a mouse in its entire existence and it's killing Ethereum...?! Come on...
And you sell that to a tech guy... Now I haven't heard MKBHD talk too often about crypto, but he's clearly invested in it and he's too smart to not understand it, unlike Justin who was gamed into buying a ton of STEEM sold as the whole blockchain. Such shillings and desperate tries of promoting all sort of projects are typical during bull markets and these remind me of the 2017 ICOs saga when quite a few celebrities have been called to court over similar endorsements.
The crypto sphere has matured though, and despite some bimbos shilling their paid promotions to millions of followers, overall when comparing this bull market with the previous one, the participants are definitely wiser with their investments. I know I am, and it would have been impossible to not become wiser after three years around here. Now, since MKBHD shows signs of interest towards crypto I'd say why not serve him a bit of HIVE and Leofinance shilling from our part. I'd say he would fit in the community and I'm planning to send some tweets and youtube comments in this regard.
HIVE is 10x more valuable than Tron is, and although not an Ethereum killer, it is indeed a game changer and the foundation for quite a few great apps that will get mainstream sooner or later.
Thanks for attention,
Adrian