– Hey guys, I want to talk
to you about Bitcoin prices. People are too much in
the weeds right now. They’re saying Bitcoin went down because South Korea is stopping Bitcoin. Or this famous technology
mogul has bought more so therefore it’s going
up, all that kind of stuff. This is all in the weeds. You guys are all looking
at the right stuff. I’m gonna explain to you how you know where Bitcoin prices are going, and why, how far, and
when it begins and ends. It’s gonna come down to
saturation and fragmentation. I’m gonna explain all
this to you right now. And after you watch this, no one else is talking about this, saturation and fragmentation. As soon as I explain what it is, you guys will understand what’s gonna happen with
Bitcoin ahead of time, whether or not you should
be involved with it, if you can make money from it. And I say Bitcoin, I’m talking about all cryptocurrencies, the entire concept. Bitcoin is one player in a
bigger, bigger scheme of things. And so this is gonna come
down to understanding what is gonna happen with all this stuff. People always refer to the dot com bubble or they will always refer
to the tulip bulb mania. One thing that is similar is sure, the price went up like crazy and maybe it will come down like crazy. That’s how people see it
looking back over history. But what really happened? What was involved with
the tulip bulb mania? Well, it wasn’t 100% of the people. It wasn’t 50% of the people. Small fraction of people,
certainly a vocal minority. That’s the same thing that’s
happening with Bitcoin right now in terms of the adoption levels, how many people are
getting involved with it. But the point is, as
I’m about to tell you, it all comes down to two things that you haven’t heard about
before from anyone else. This is something that it took me years to develop and decide on,
discussions with my team members, and we’ve been looking
at all sorts of stuff. I’ve been talking about this in the media tons of times when Bitcoin was brand new, and now I’m talking about it now. When we come closer to the end of things, I’ll explain to you two things: saturation and fragmentation. This will explain everything to you guys. Check this out. Looking back at the video while we’re gonna put it
in post production here that it could have used a
little bit more saturation, the video itself. But anyways we’re gonna
start with fragmentation. This is more important concept, and it’s working like this. If you’ve got one cryptocurrency, which we’ll start with Bitcoin, and just so you guys know, whenever I say Bitcoin,
generally in this video, I’m talking about all cryptocurrencies. I just say it by habit or by
ease of language or whatever. Let’s talk about it for
example, a pet rock. If there’s only one
company making pet rocks, and they’re making tons
of money hand over fist, eventually what happens is then you have another company which says oh, I’m gonna do that too, and they start selling pet rocks. They’re making tons of money. And somebody sees that oh, the second company and the
third company come along making pet rocks and making money, so then all of a sudden, there’s dozens of
companies making pet rocks. And that number continues to grow and the industry for cryptocurrencies continues to fragment
until the actual piece, each piece such as Bitcoin and Litecoin and Peercoin and Dash,
they each are fragmented to different aspects
of the entire business of cryptocurrencies. But that fragmentation is not limited. They say, well Bitcoin’s limited, so the value is in demand
and it will increase, but the fragmentation is not limited and there will always be
more and more fragmentation as long as there’s money to be made. That’s why so many products
will be saturating the market. And so at the end of the day, you’ve got the fragmentation, which is going to make
the potential market for total dollars put
into cryptocurrencies being divided by more and more people so that any one cryptocurrency has a small part of a large pie. But you can only cut
so many slices of pie. You can only cut a cake so many times. This is exactly what’s gonna
happen with cryptocurrencies. It’s going to fragment to the
point where it will continue and continually fragment until
there is very little left in terms of total gains, total profits, and this is just something that happens again and again over history
in every single situation where there’s money to be made. Consider saturation. So the industry for
cryptocurrencies has fragmented again and again to an unlimited degree. Now the saturation is about how many dollars can go
into cryptocurrencies. If you think that
cryptocurrencies are going to keep on rising in price, what do you do? You are maybe a teacher or a
firefighter or an accountant, and you save up a bunch of money, but there’s a limit to how
much money you can raise. And there may be billions
of dollars going into it, but there’s a certain roof. There’s a ceiling where
all the people who want to be putting money into
cryptocurrencies have done so. They’ve raised whatever money they can. If you wanna buy some Bitcoin today, you’ve gotta come up
with 15 thousand dollars. And maybe you can only
come up with half of that. Maybe you can come up
with twice that much. But then you’ve invested that
money, and it’s an investment. You can’t use that money anymore. You have to wait until the
cryptocurrency itself grows as it has been doing up to that point. But there will be a limit where you take your 50 thousand
dollars that you saved up, you scraped up, maybe
you mortgaged your house, you put that money into
Bitcoin for an example. You put it in there, and
the money sits there. And it may increase in value. It may decrease in value, but the money is basically sitting there just as if it’s a place where money goes to wait. Maybe it’ll take years
and it’ll be worth more, but in the meantime, it’s gonna sit there regardless of how the
cryptocurrencies react. Even if they go up and they
double, you might not sell. Even if they cut in
half, you might not sell. And the thing is that there’s a limit to how much money can be gathered as a society of people who are going to invest in cryptocurrencies. And this doesn’t just keep
on going and going and going. It eventually reaches a point
where everyone’s maxed out. And I think right now everybody who wants to invest in cryptocurrencies,
they already know about them. Anyone who wants to invest,
if they haven’t done so yet, it’s not very likely
that they’re going to be mortgaging their house and
just getting into it now except for the latecomers
to the game, so to speak, just like with the tulip bulb mania. The minority of the
population was once buying and trading tulip bulbs
until it got to the point where it was more involved
with the overall mass market, and this is when it came crashing down. And the people who shouldn’t
be getting involved in cryptocurrencies
were getting encouraged by the continual media stories about it. They think they’re missing out and they think that it’s easy money because it’s gone up to
this point so much so far, so therefore they think that
it will continue to do that. So they gather whatever money they can, and that is a signal that
you are at a market top. When people who shouldn’t
be investing in it are jumping on board, that’s
when the game is over. That is what’s happening right now. I’m calling it. I’m saying that we are at
the peak of cryptocurrencies. There’s various ones which
may increase in value, sure, of the various hundreds of them, but you are not going to see
them as a group increase. You’re going to see individual ones where you can point out and pick out, okay so Ethereum increased
from this point to that point, and then maybe Litecoin increased,
but you’re not gonna see the overall industry increase together. And even the ones that do increase, such as Ethereum, Litecoin
as I just used as the example but they could be any ones, if you pick out the ones that will win, then you’ll probably be
okay in the short term. But overall when the market comes down and cryptocurrencies start coming down, they will all come down together. The concept will be what dies, not the actual individual coins so much, just as there were a thousand, eight hundred car companies
in the United States back at the turn of the century, and some of them survived, two, and the vast majority,
99.99% of them went bankrupt. So if you got into the right
two or three companies sure, you made plenty of
money, but if you didn’t, just like everybody else,
you lost your money. You lost, and it’s so hard
that the game now isn’t about whether or not cryptocurrencies
increase in price, the game is about now
picking the one or two which are gonna do okay
while the rest of them either disappear or decline in value or become a little bit more risky. And this is part of
the reason that I think between the fragmentation,
which is unlimited, and the saturation now, we’re looking at what is absolutely a top
in the cryptocurrency market. And I’m not saying it’s
gonna crash tomorrow, but I’m saying months from now, and definitely a year from now, you’re gonna look back and say
wow, that was a crazy time. We got a little bit ahead of ourselves. And it’ll be like, most people think wow, that was such a unique situation, but this has happened many times before. It’s happening now right
in front of our eyes, and we’re seeing it with open eyes. And a lot of people are assuming that cryptocurrencies are
gonna change the world, but it’s gonna happen again,
and it’s gonna happen again, and it’s gonna happen again. And for the rest of our
lives you’re gonna see these kinds of manias, and this
is not the appropriate time for people to be mortgaging their houses to put it into something
they don’t understand because they think it’s
gonna increase in value. This is a lot more chance
of you losing money than making money, starting now. I’m calling it. This is the worst time
to be getting involved with cryptocurrencies.