what’s going on guys Patrick here
bringing you a brand new video today
we’re gonna be talking about what’s
going on in the crypto space including
electro neum big news has come out for
electro neom and I want to share that
with you guys today in this video as
well as of course covering some of the
big news articles and again looking
through the overall market so guys
before we get started if you want to see
daily crypto currency market updates and
news make sure subscribe to channel if
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time we release a new video
now the two news articles that I
separated for us today both kinda
tax-related but you know taxes is a big
thing big thing in the cryptocurrency
space we are waiting to see how certain
regulations and how texts are gonna work
is it going to be taxed as you know
capital gains it’s gonna be taxed as
income a lot of things still to be
figured out but Georgia is apparently
the next state in line to accept crypto
for taxes and licenses this is cool all
you guys remember a little bit ago we
talked about another state forget what
state it was but they were accepting
crypto as a form of payment for taxes so
crypto being treated as a currency which
is all we technically are have been
asking for is whatever
it’s what cryptocurrency was meant to do
it’s honestly what we’ve been waiting
for so it’s great to see that you know
more and more states in the u.s. to
which you know you and you if you guys
know you guys want invest in AI cos US
has not allowed us presidents and
usually US and China people residents of
those two countries I’m not allowed to
invest in AI cos at least for most of
the big ones so you know starting to see
the US and certain states accept
cryptocurrency it’s a form of taxes as
payments you know and form a currency
definitely a good sign for things ahead
now this one’s a little bit less good
news I mean I guess it’s not bad news
but basically coin base has informed
13,000 affected customers of imminent
data handover to the IRS so the IRS the
Internal Revenue Service basically
collects your taxes they you know
everyone does everyone wants and doesn’t
want to pay them everyone wants to pay
them because that means you’re making
more money
you’re paying them a lot but you don’t
want to pay them because it’s like half
your salary gone that’s no fun for
anyone so do us space crypto currency
exchange and wallet service coinbase you
know Columbia is pretty much the biggest
most beginner friendly exchange out
there sent an official notice from
Friday February 23rd which was two days
– approximately 13,000 of its customers
whose information is legally required to
turn over to the US IRS the IRS has
initially asked coinbase in July 2017 to
hand them over to see and those trying
to catch people who are cheating on
their taxes and not declaring because
not a lot of people to claim
cryptocurrency in their taxes in the
last few years so you know I guess
they’re trying to crank down on that if
they’re gonna accept that as a currency
it’s got to be taxed like everything in
the world we cannot escape taxes we can
hope that they get lowered but there’s
no there’s no way you’re gonna be able
to skate taxes so coin bases had to turn
over 13,000 effective customers give all
the information to the IRS and those
guys will be hearing from the IRS in you
know if they’re if they did something
wrong they’re going to be hearing from
them probably within the next couple
weeks months let’s see what happens but
you know those were the two big articles
I want to talk tax related which to me
is a good thing in the cryptocurrency
space because it means we are starting
to get recognized we’re starting to get
treated the way we want to you know it’s
not this isn’t one but it’s not one of
those things where old cryptocurrency
shouldn’t be treated as a currency oh
but we’re not gonna ever get taxed
because taxes is we don’t want taxes but
this we want you can’t pick and choose
it’s a whole bundle it’s going to get
taxed that’s just the way it is now
cryptocurrency market can just hit the
refresh bright a four hundred twenty
three billion dollar market cat we’ve
had a few days of correction you guys
remember we had a nice little run and
then you know a good week of runs
basically and then now we have a week of
read with very few coins in the greens
such as aetherium classic V chain nano
that’s right nano in the green and a few
others I don’t know but mostly coins are
in the red which again guys you guys
have been subscribe to channel for a
while you guys know what I
think of this Black Friday for crypto
currencies go to buy an ant’s go pick up
your favorite all coins because when we
do enter a bull run you don’t want to be
left behind waiting for the chasing of
the lowest price because chances are you
are 99.9% going to miss the lowest price
very few people get lucky
yeah it’s luck get lucky enough to
purchase at the lowest price possible
like the exact lowest price possible
very few people actually get lucky
enough to do that but now is that time
guys to stock up on your favorite um
your favorite all coins and your
favorite crypto currencies mine
personally I’m going forward I’m holding
a lot of bitcoins I think big point has
a lot of potential in the bull run you
know it is the biggest cryptocurrency
everything’s gonna be following it I
think there’s a long way for Bitcoin to
go still so a lot of my portfolio is
currently held in Bitcoin I know a lot
of you guys also have coins such as Tron
and you know electro Neum stuff like
that which we are going to talk about in
this video but I just want to say you
know if you guys have been waiting to
put more money into cryptocurrency and
there are alt coins that you want to buy
but you haven’t really bought yex you’ve
been waiting
I would not procrastinate too much
longer don’t forget though guys I’m not
a financial advisor this is not
financial advice this is just me giving
you guys my biased opinion I make videos
for educational and educational and
entertainment purposes only so make sure
you do your own research before you put
your money in anything now that we got
that out of the way though go buy your
favorite all coins it’s a good time it’s
a good time now I watched rate guys I’ve
been actually holding onto this for some
time you guys remember I’ve showed this
in a few videos now a little bit of
technical analysis on Bitcoin and again
resistance and the support lines of the
basically the descending resistance
support lines we had a channel built up
here broke down below that now I’m
looking at the 200 a day support to kind
of um you know hold us up and try to
turn us over into the bull run we I
don’t have the hundred day moving
average yeah this is a torch day moving
average I don’t have the 100 day moving
average out here but I’m not on the
graph but I do know that that was a
resistance point for us over here which
kind of was another reason that
resistance Plus this resistance
kind of held us and made us turn on down
now hopefully the 200 will be the
turning point where we can start moving
upwards this 200 will kind of get us to
roughly $9,000 I believe that’ll be
where it’s at which we’re not too far
off right now currently sitting at nine
thousand four hundred so it’s only four
hundred away so you know in the world of
crypto that’s like a few hours possibly
it’s it’s not a lot but yeah so
hopefully we’re gonna keep this chart
open hopefully we’re gonna see Bitcoin
and therefore the market recover in the
next coming days I’m excited I think
it’s a lot of opportunity in the market
like I said I wouldn’t poke rastan eight
on buying your favorite coins for too
much longer now what the moment you guys
have been waiting for the moment you
guys been waiting for electro diem so
thank you Joseph Kennedy for posting
this in the cryptocurrency allstars
Facebook group link down below in the
comments you guys can go ahead and join
free to join almost 750 members it’s
been growing like crazy and there’s a
ton of value proof right here I’ve used
several posts um that people have posted
in the group I’ve used them in videos
because they’re good posts they’re
updating people and this is just an
announcement from the founder electro
neum richard else and basically what
they were saying to kind of have a quick
skim through here I’m not going to read
it word for word was gonna have a skim
through they are going to be in the
Mobile World Congress in Barcelona is
gonna be a conference for them there can
they have their own booth it’s not the
biggest booth but it is close to an
entrance so there’s a good place for
them to get recognized and the most
important thing they are looking for out
of this whole thing is networking the
most important part is probably the
networking we thought we should get a
presence there as the first
cryptocurrency to be a GSM a member who
knows who will meet and what deals we
can generate from here we’ve seen a huge
interest from this sector so far so you
guys know Lesley you guys have been
killing and looking for partnerships
looking for exchanges to get on looking
for you know just constantly constantly
just making things happen that’s one of
the reasons I like electro Nia now big
news on exchanges is they’re working
closely with COO coin to get that live
as soon as possible hopefully this week
and hit BTC just reconfirmed and that
are cute and do to be added hopefully
again during March so within the next
there could be two big exchanges that we
see electro neum on crypto business l
experiencing issues but they are helping
crypto piya try to overcome those
problems now also another thing is that
for whereas it here is news awaited for
the mobile minor so for Androids will be
launched this week during the Mobile
World Congress as well as the solution
for iOS phones and they hope that have
that available this week as well this
then means that all electro neum iOS
users will be able to install the app
even though the app is in beta form it’s
going to be functional you can mind
electro Neum and you can keep your
earnings which probably the best part
you can keep all the electro Neum that
you mind very exciting stuff going on
here in so much news that came out from
this post I’m very excited to see what’s
gonna happen they’re going to keep us
updated on new deals they just signed
another two agreements one with a
company that has asked to a further 30
million users is crazy who are keen to
recommend our app and one with payment
integration company to help us integrate
with mobile operators allowing their
users to purchase airtime and data with
electroni huge huge huge a post again
Thank You Joseph Kennedy for posting
this in the group there is so much
information on here so much information
so many new things coming out so many
deals being word just kind of a great
update for everyone who’s in electro
neum to know what’s going on to keep
calm if you guys want to check out more
you guys can check out electro Neum
Facebook page they post everything on
there very up-to-date every time there’s
news again this was definitely posted on
their Facebook page
we just got Joseph to copy and paste it
on to the group so that everyone in the
group could see it in case they aren’t
following the Facebook page for some
reason but yeah big news coming out for
Alec showing it and if we take a look
it’s up 5% basically today four and a
half percent today let’s give it a quick
refresh oh there we go
five and a half percent today now there
we go so it’s at 7.6 cents again the
whole almost a half a billion dollar
market cap I think it still has a ways
to go it’s all-time high right here
was in the 22 cents so you know this was
back early January when everything was
you know everything was moaning and like
every other coin that we say like like
every other coin in the market except
for the exception of you cashed the fan
the famous and the fantastic thousand
percent in one day you cash but yeah
every other coin has been going down a
decent amount and now they are starting
to try to recover and hopefully this
news will again help propel atonium to
where it could go because these guys are
gonna tell you these guys are killing it
when it comes to partnerships deals you
know their marketing was great their
team knows what they’re doing and they
you can tell that they want this to work
and they want like they want to see
electron team succeed which is huge
because surprisingly enough you’d be
surprised how many people are just
content with having their their share of
the coins for being on the team they
don’t really care too much about what
happens to it I made money it’s okay you
see that a lot in cryptocurrency that’s
why there’s a lot of scams out there but
in that kind of jonathan- you know
people thinking negatively of
cryptocurrency which is a secret which
is a shame but without further ado guys
I just want to share with you guys
electro Neum huge potential hopefully by
the end you know hopefully by the next
few months we can see it reached 22
cents again I don’t think it would be a
problem if we enter a bull market I
think this deserves to be a billion
dollar coin it has everything there to
be it it’s in an industry which it you
know it’s a leading it’s the leading
cryptocurrency in the industry on other
people and we’re gonna try to copy what
they’re doing but they are so far
leading and doing it well so if they
weren’t doing it well that’d be an issue
because other competitors are going to
come up and take over but they’re doing
it well so I still have faith in electro
Neum and I think Alec showing it has a
long way to go so guys hopefully you
enjoyed this video let me know down
below what you guys think of electro
Neum and the huge news that all the huge
news that’s been coming out with electro
Neum as well as the taxes for
cryptocurrency up being able to pay your
taxes in cryptocurrency I think that’s a
great thing I think that’s just showing
people accepting cryptocurrency as a
form of currency which is what we wanted
in the first place so guys thank you so
much for watching this video hopefully
you guys enjoy
don’t forget subscribe if you guys are
new and you have not subscribed yet
thank you so much for watching I’ll see
you guys later today for another I see a


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