IS BITCOIN MINING PROFITABLE? WANCHAIN (WAN)! HASHFLARE + CRYPTOCURRENCY NEWS + BTC CRASH 2018


what is going on guys Patrick here
bringing you a brand new video today we
got another killer video for you guys
full of information we’re gonna be
talking about Bitcoin mining and at the
end of the video we’re obviously gonna
do the giveaway you guys didn’t quite
hit 400 likes but you hit 300 so we’re
gonna do a giveaway anyways on today’s
video also tomorrow’s videos gonna have
a giveaway so make sure you leave a
comment on this video you hit the thumbs
up button and you leave a comment on
this video to enter a chance to win
tomorrow’s giveaway and of course be
subscribed and have your notifications
turned on to get notified when
tomorrow’s video goes live so you guys
can go ahead and claim your giveaway now
let’s jump right into the news Tim
Draper calls India’s crypto Stan’s a
huge mistake there’s just one article I
want to talk about and it’s because I
got a lot of messages with the whole
India’s crypto stands what their stance
was how they said they were cracking
down on it they wanted to ban it and I
got a lot of messages from people in
India who watch the channel asking me
what they should do because you know
they they’re kind of stuck in the
situation honestly I don’t know much
about the situation I don’t know what
what you can do I’ll keep you updated as
I you know as I learn more and as I get
more ideas but I wouldn’t be too
concerned cuz I don’t think this is
gonna be too something that lasts very
long I think it I agree with Tim Draper
I think it’s a huge mistake and one that
like I said I don’t think it’s going to
last very long so don’t worry too much
about it and as I said I will keep you
updated on everything as I learned more
so now let’s take a look at the market
cap I want to go through this first
before we talk about Bitcoin mining
really quick because it is a green day a
lot of people happy to see another one
of these things are up six four seven
five percent not looking too bad the
total market caps back above two hundred
fifty billion dollars Bitcoin dominance
is at forty five point two so Bitcoin
doing very very well back up at the
seven thousand dollar range one point I
didn’t want to point out though is one
chain one chain is up 23% yesterday I
had a call with someone a consultation
call someone and portfolio review call
whatever you want to call it and we went
over some all coins out they were
looking for a more medium to short-term
strategy to make some money and I said
one chain might be a good idea to look
into and this was
yesterday now look what happened today
they announced more depth on the on one
chain and here we have it 23% increase
some nice profits so hopefully they took
action with what I said and if you guys
want to book some consultation calls or
portfolio review calls make sure you
check out the link down below be the
first link in the description you guys
can go ahead and schedule one of those I
think I try my best to give as much
value as possible so hopefully they
manage to take advantage of this and
they see the nice profits now let’s jump
right into the mining this is actually
what I want to talk about most so I
personally I use Genesis mining and hash
flare
Genesis mining is sold out so hash flare
is what I’m using right now this is hash
flare I’ll leave a link to it down below
if you guys are interested in it I
personally still use it and I think it
bit I haven’t had any issues I’m at any
withdrawing issues I haven’t had any you
know any issues whatsoever so I kind of
wanted to run some calculations because
I think a lot of people are you know
misunderstand what’s what what I see in
Bitcoin mining and that is the biggest
contract you can buy at one time on hash
flow you can buy like multiple contracts
right one right after the other but the
biggest contract you can buy is 110 hash
it’s gonna cost you currently $12,000
and that’s you know that’s it’s
significantly from what it was before
previous it was 15,000 so it is down
significant significantly they did cut
the price to get more people to buy in
and I think that’s because they’re
looking at the long term potential in
this too so twelve thousand dollars ten
a hundred thousand ten one hundred
thousand a hundred ten hash one hundred
thousand Giga hash there we go
we’ll get you before any fees it’ll get
you fifty one dollars in profit every
single day now that’s awesome but that’s
not what I want you guys to focus on I
want you to focus on this this is how
much Bitcoin you are getting now there
is there are fees the fee is a fixed
dollar amount so currently the fee is
like 50% but as Bitcoin you know price
increases as everything happens I think
that fees going to go back down but
let’s just say 50% for fees jump right
into it so you’re making 25.91
dollars
every single day but again what I want
to focus on is the Bitcoin amount so
this calculator doesn’t calculate when
you when they take away the Bitcoin so
I’m going to do it without the fees just
to get an idea of what I’m talking about
because the the logic still makes sense
so point zero zero seven Bitcoin right
that’s what you get and right now
Bitcoin obviously priced at to seven
thousand two hundred dollars now if in
the year you will earn two point six
Bitcoin right um
and honestly with the fees and with the
projection of the difficulty and
everything I don’t think you’re gonna
get necessarily much lower than that
even with the fees but let’s say you get
two Bitcoin right let’s say two Bitcoin
fair enough
we took some we’re gonna do the very
very low ball estimate just so we don’t
piss anyone off so to pick when you get
in the course of your 1-year contract
you paid $12,000 you get two Bitcoin now
two Bitcoin if you were to buy it right
now would be caught it would cost you
fourteen and a half thousand dollars so
already that’s a win but what I’m
thinking of right now is two Bitcoin if
at the end of 2018 we just said in
yesterday’s video that we think Bitcoin
could reach twenty five thousand dollars
that means that you’re making $50,000
often investment of twelve thousand
dollars now the return right there is a
lot better and this can be said for you
know you can invest as low as two
dollars on this platform and you can run
the calculations yourself to see how
much you’re gonna get but this is the
issue I see a lot of people having with
Bitcoin mining is that yes right now it
might not be the number one investment
but personally I like to have
differentiated investments obviously
some I have in all coin some I have in
Bitcoin and some of my money I have in
Bitcoin mining and other cool thing is
that you can pay with credit cards you
don’t actually have to give up any of
your cryptocurrency and it is another
form of passive income which is
something I really really enjoyed now I
haven’t covered how to learn in a
wildstylez waiting for the perfect time
in the market and I think right now with
everyone panicking about prices dropping
Bitcoin price dropping now would be a
good time because the prices on hash
flare also dropped which means to use
dollars you can get a pretty solid
contract and just wade out and make some
very nice returns you know make it big
goes to fit $25,000 each
then you just made $50,000 and Bitcoin
does what John McAfee says he goes to
$1,000,000 you’ve made two million
dollars I’m not saying it’s going to
those prices but that’s kind of the
long-term thinking you have to have it’s
not what happens right now but how much
Bitcoin am i earning and then how much
could Bitcoin be worth in the future and
that’s honestly what I think is the best
part about Bitcoin mining so hopefully
that clears some stuff up guys I think
Bitcoin mining is a great opportunity
right now and I’m definitely going to
keep increasing my contracts as much as
I can in the coming months just to try
and secure it like I said another form
of passive income which will pay me out
every single day in Bitcoin and I can
withdraw it and put it in my wallet and
that is that now technical analysis wise
we did dip a little below the the red
line right here however we came back up
and are now floating around the seven
thousand dollar mark again I think the
seven thousand dollar is showing to be a
pretty consistent level for Bitcoin and
kind of the level we trade sideways now
we do trade you know we you saw we had
one trade up trying to break above it
didn’t work try to break below it didn’t
work so holding pretty strong at the
seven thousand dollar mark now you guys
remember in yesterday’s video we are
talking about the important dates that
we want to see some actual movements
when we think actual movements are going
to happen and that is towards the
towards tax day in the US or around the
world I don’t know what tax day
specifically isn’t around the world but
I’m focusing on the US is April 15th
so between April 15th and April 17th is
what I’m looking at seeing some big
movements in Bitcoin price and overall
cryptocurrency prices now you guys know
I still have the 20-day moving average
here because this is my indicator for
those of you guys who are trying to make
you know a quick trade I would use the
20-day moving average as an indicator
when when we break above that I think
it’s safe to say that we are going a
little bit you know more above it um
that’s kind of the point I’m looking at
for us to break through though before
I’m confident and you know see and
upward today and see more upward
potential in
the short term at least obviously a long
term we all think Bitcoin is going to
reach this all-time highs again I think
we’re gonna see that in 2018
no problem I’m still very very confident
in that but for the short term 20-day
moving average is what I’m looking at
now let’s go ahead and do the giveaway I
know this video was a little shorter but
nonetheless let’s get you guys some free
Bitcoin let’s just move my head see how
many 132 unique commenters you guys have
been killing it on the video also you
guys can see three hundred and seven so
yeah you guys definitely deserve this
giveaway let’s see who wins so a lot of
great comments in yesterday’s video
summertime it will be a bull run from a
Jody Jones yes I think summertime will
be a bull run and I’m very very very
very very excited and preparing my
portfolio for this honest they’ve just
been buying up cheap altcoin buying up
cheap Bitcoin and also I’m going to be
starting investing in more Bitcoin
mining so guys hopefully you guys
enjoyed this video if you did leave a
thumbs up Jodi make sure you comment
down below to claim your free Bitcoin I
need to know you’re here on the video
make sure you comment down below and
leave the same Bitcoin wallet address
and I will go ahead and get you your
free Bitcoin guys don’t forget tomorrow
we also have a giveaway so make sure
you’re commenting and hitting the like
button on this video – thank you so much
for watching guys I’ll see you guys
tomorrow for another video

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