Electroneum - More Valuable Than Bitcoin

Hey you, welcome back to the channel. And guys, today I want to talk about the title of this video, Electroneum more valuable than Bitcoin. So a lot of people may ask the question, Education, what's your game? You know, first we get a few videos from you about how you don't think Electroneum's market cap will surpass about $300 million. We get, you know, uh, stuff you're saying about the competition coming to Electroneum from Bitcoin Cash, from Dash, potentially Ripple, where they're going to be competing head-to-head in these particular unbanked markets. Um, and you say all this stuff and then you get to this next video of Electroneum being more valuable than Bitcoin. That doesn't make any sense, does it? So let's take that apart. Let's take Electroneum, the network, and let's take Bitcoin's network and let's compare them, compare them together. Now When we take the networks together, when we take the infrastructure of these networks, and when we look at Bitcoin, Bitcoin is far superior than any other cryptocurrency in the world right out there. And my prediction is it's going to be that way for a long, a very, very long time. So when we're talking about Electroneum being more valuable than Bitcoin, it's very important to understand we're not talking about the networks, right? We're not talking about all the infrastructures that has went into the networks, uh, because, uh, there's no comparison there. However, what we are talking about is the value when it comes to myself and you all as investors, right, in your personal portfolios, Electroneum is going to be a great deal more valuable to you than Bitcoin. Um, if we look now, right now here at the price of Electroneum, and we're going to talk about the differences here and focus on that a bit. Look at the price here of Electroneum. Even people who aren't fans of Electroneum, with a lot of the press that's going on going into the second day of the Mobile World Congress, with the launch of the new smartphone Electroneum has, with the attention that's gathering, even not the biggest fans of Electroneum are starting to talk about it, and they're kind of finding these weird problems with it. But even they are looking at the price of Electroneum and it's dawning on them that this is underpriced, right? So pretty much everybody agrees it's underpriced and people are going to start buying it up, right? It's not going to stay at this price. I'm happy to see it at this price actually because it's going to give me a chance to, to really get a good move on Electroneum. But let's take a look at Bitcoin and here's the, here's the problem is you as the investor. Right. As we look at Bitcoin here, Bitcoin is the opposite of electronic. In my opinion, in my analysis, it's overvalued, right? Bitcoin shouldn't be at $66 billion. In my opinion, it should be somewhere around $30 to $35 billion. Uh, I think that a $3,700 Bitcoin is too high priced. And I think that's showing because the supply and demand factors, that's why it's kind of staying and being challenged at the prices at right now because the supply and demand factors obviously aren't there, right? And it's showing a lot of bearish signals. And so we're gonna see a declining Bitcoin. Now, the other thing is a lot of people think that, oh, the bear should be ending any day right now. And some people are very optimistic that the bear market's going to end. Probably today or tomorrow or a few weeks from now. But then there are other predictions that the bear market is gonna last pretty much all of 2019. And I kind of unfortunately fall on that side of the— I don't think we're gonna see any significant changes in Bitcoin for 2019 other than pretty much what we're seeing now. Now, that's nothing to get uncomfortable about or Because the way this thing works is people, traders understand that bear market, bull market really doesn't matter unless as long as it's moving in some direction. It's always an opportunity for somebody who knows how to make money. But what you will see, you won't see a lot of cryptocurrencies moving up in value, but what you will see is very specific ones ones like Litecoin here, I believe, that are gonna make a good move using the Lightning Network, uh, at a very, very attractive price here. I think you're gonna see gains in Litecoin. I think you're gonna see gains in Grin coin. I think you're gonna see gains in Beam coin, all of which use the MimbleWimble protocol. I think you're gonna see all of those things here. Um, And you're gonna see a big move, I believe, in Electroneum, but you're not gonna see a lot of moves in many of these other tokens. I think they will suffer at the bear market, but because Electroneum is underpriced, so, so much undervalued, I don't think it's gonna have any choice but to move in an upwards direction, right? And I'm thinking that it's gonna hit a market cap— right now it's only about $61 million market cap. I I think we're going to see it around $300 million. That's like a 5x return, right? On your investment. That's like 5x. Now let's 5x Bitcoin here. And here's the problem. Here's the problem. To 5x Bitcoin, you're looking at close to about a $20,000 Bitcoin. When's the last time you've seen or heard of a $20,000 Bitcoin? 2017, the end of 2017. And do you think that Bitcoin is going to go back there anytime soon? I don't. I think it's greatly overvalued at this point in time right now. I don't think the supply and demand is there. Uh, now with Ripple XRP, you might see some gains on it as well. I think I see some gains with Bitcoin Cash. You're gonna see some gains with Dash, right? And I think you're gonna see all of this happening over 2019. But a lot of these other tokens, I don't think they're gonna be there. But within your personal portfolios, right, it just is kind of a no-brainer to me that you're gonna have a lot more opportunity, uh, with Electroneum than what you have with Bitcoin, right? And so that's why I'm making that, that, uh, that point in the video. But not to be confused with the network, not to be confused with the idea of, um, you know, within blockchain technology itself, uh, there isn't a substantial amount of value that's going to be pouring in, but it's probably going to be targeted around the technology itself and the structure of the technology itself, right? And not so much the price. Uh, now there may become a coming time in the future that those things start to shift, but nowhere here in the short term or the near future that I see anything like that happening with Bitcoin in my, in my, in my personal opinion. Of course, not financial advice. This is just my personal analysis of it. Uh, you know, I haven't met many cryptocurrency experts. If you, if you do, point them my way so I can start, you know, making some money trading. But, uh, that's my view on it. Um, and always do your own due diligence and be patient with this. Only put in the amount of money that you can afford to lose because this is going to take a lot of patience, and this isn't something that you can make quick money off. There are other projects, you can do that with, you like gaming casinos and gambling casinos. Those are the type of projects you need to be in if that's what you're looking for. But that's all I want to say in this video, guys. Um, looking forward to some more news coming out of the Electroneum camp after the Mobile World Congress. Quick reminder, we got one more day in the Electroneum contest. It's looking pretty good, kind kind of balancing out between Ripple versus Electroneum. And then after this, we'll be able to declare who is our top winner. You know, as Ripple got to do the— they got to do the rematch, I guess you could say. But we'll know by tomorrow who prevails in that. But that's all I want to say, guys, in this video. If you like content like this, don't forget to like, subscribe, and until next time, take care.