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This is episode 269 of You, Me, and BTC – your liberty and Bitcoin podcast.

There’s no denying it. The Bitcoin price took a scary tumble over the past few weeks. We’d like to write it off, but we can’t. We’d like to spend another hour ignoring the price but we can’t.

Is this the episode where we officially declare Bitcoin’s time of death? Can we really hodl any longer? Even if we decide to hold on for now, at what point would we finally give up?

This won’t be an easy conversation. We need to talk this out and we need your thoughts too. Tune in for all the fun tonight at 9PM Eastern and check the list below for some of the specific stuff we’ll cover!

Your hosts this week are Daniel Brown and Tim Baker. Don’t forget to visit http://ymb.tc/e269 so you can share your thoughts in the comments!

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  • This is the one I use http://preev.com just because t is simple and tells you what you need to know

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  • As per Cardano prediction, Cardano (ADA) entered last year as the rest of the markets, floating in a giant bubble fueled by the biggest uptrend observed so far in cryptocurrency. Meanwhile, ADA hit a record $ 1.32, but barely a month later, early February, ADA dropped to $ 0.27.The decline in the price of Cardano continued in February and March, ADA becoming part of the general market slump. From April to May and until June, Cardano did not see any major announcements and, as a result, ADA failed to make significant moves. The news of Cardano ADA over the last few weeks focuses on Cardano Shelly’s upgrade and how it will change the game forever. Cardano, like many other blockchains, has not been published in final form. That’s why the Cardano development team created a roadmap with a list of Cardano upgrades that would eventually lead the blockchain to its final stage, Cardano Shelly. What the Heck is Cardano Shelly? Of the many third-generation block chains that have been created, Cardano is one of the few to have disruptive capabilities. With Cardano Shelly, the blockchain would achieve what no other blockchain has been able to achieve so far — complete decentralization. At the IOHK Summit, Charles Hoskinson announced that Shelly would be released in 2020. This announcement will strengthen the price forecast for Cardano 2019. Cardano Shelly will offer many new features. This would release financial incentives for stakeholders, facilitate the delegation of rights and provide more opportunities for community members. Investor anticipation ahead of this upgrade may push Cardano ADA’s price up to $ 0.3 by the end of 2019. Within two years, according to Cardano’s prediction of cryptographic news, the price could reach $ 5. In the next five years and with Cardano Shelly fully implemented, the price of Cardano can reach $ 10. Cardano’s roadmap, which will be completed in 2019, includes a long list of development upgrades. These upgrades will enhance Cardano’s blockchain and promote its adoption. Do not forget that the Cardano network also relies on a strong community. Therefore, going up to $ 1 by the end of the year is not an unrealistic prediction for the price of Cardano ADA. Remember, there is no guarantee that the price of the ADA will reach $ 1. Therefore, before deciding to invest capital, be sure to spend only your reserve money in case the forecast does not occur. Conclusion Reaching $1 is a possibility, especially if we know that the ADA has already peaked — its ATH is $ 1.33. However, it is much less likely to reach the $ 10 or $ 100, just look at the numbers: for ADA to reach $ 10, this would imply a growth of 125 times and a market capitalization of $ 262 billion. If we assume that the ADA / BTC price ratio remains unchanged, it would mean that the bitcoin would be $ 650,000 and the market capitalization $ 11.5 trillion. A little too dreamy, is not it? ADA, like the rest of the market, is at the center of Bitcoin’s price action. If Bitcoin embarks on a new race, ADA can also hope for one. Since this is very unlikely, do not expect much change for the ADA award this year. So 2019 will be a boring year of side action with small jumps and sags caused by Bitcoin.

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  • The Asia-based firm VeChain expanding its IoT platform and supply chain through the creation of the VeChain Thor network. The goal of VeChain Thor is to be a blockchain ecosystem designed for business and focused on governance and ease of use. The project plans to exploit a native blockchain that will allow companies to easily use various smart contract applications. VeChain focuses primarily on the exchange and storage of data via the blockchain and has executed active applications in the supply chain. Donald Tapscott, president of the Blockchain Research Institute in a recent Interview with Bloomberg, made some interesting observations, where he said the perception that blockchain is a technology that can’t scale and is used in nothing important is a myth. Donald believes that blockchain technology is growing and its adoption is gaining ground around the world. He cited the growing transfer of the $ 50 trillion supply chain industry to the blockchain. Tapscott went a step further by quoting companies like FedEx, which he says wants to rebuild all of its activities on the blockchain. So, with all the benefits this change will bring to this new technology, which blockchain platforms will benefit the most? He further said, there are several blockchains focused on Supply chain Market. However, the one which clearly dominating the supply chain market is VeChain(VET). Currently, a number of companies using the VeChain Blockchain in the real world Practical applications. One of them is DNVGL. The DNVGL My Story allows businesses to use the Vechain blockchain to track a product and learn about its identity. As per the DNV GL website, three Italian winemakers are already using this technology. It states that, The My Story™ frontrunners are Italian wine producers Ricci Curbastro, Ruffino and Torrevento. They are now ready to share the characteristics of their wines traced from the farming and winemaking to packaging and distribution. Consumers have access to all the facts, using their smart device to scan the QR-code on the bottle. In the connected consumer dAPP, they can instantly browse product facts, the wine’s timeline and locations from grape to store for every bottle. This matters a lot because it eliminates the problem of counterfeits, which is a big problem in the global supply chain, not just in winemaking, but also in all sectors. Essentially, with the lead that Vechain has been able to prove through practical demonstration of its operation, it should adopt faster than other block chains. In addition, Vechain (VET) has the goodwill of one of the world’s most strategic sourcing countries, namely China. VeChain recently collaborated with companies based in China, such as BYD. China plays a strategic role in Vechain’s growth as it accounts for a significant share of the $ 50 trillion supply chain market. Almost everything shipped to the world comes from China. Raw materials also arrive in China 24 hours a day from all over the world. This makes it a strategic market for Vechain’s future by giving manufacturers more control over what they produce. Essentially, the holders of Vechain (VET) hold a high growth asset. The performances may not be as good now, but they still offer a lot of potential in the long run. Blockchain technology is still in its infancy. Once this becomes a truly mainstream technology, the future of high utility block chains like Vechain will grow astronomically. VECHAIN (VET) PRICE PREDICTION Now, VeChain is affordable. The per token price of VET is 0.005987 USD. It is down 5.93% against the US dollar and 2.75% against the price of the BTC. Do not forget that the entire cryptocurrency market is emptying. Almost all crypto-currencies lose ground against the USD. The transaction volume on VeChain is $ 15,967,326 and the market capitalization is $ 332,014,323. VeChain Price may surge to as high as $1 as Indicated by smartereum ‘It has the potential to cross the $1 mark and move higher against the USD. Essentially, the holders of Vechain (VET) hold a high growth asset. The performances may not be as good now, but they still offer a lot of potential in the long run. Blockchain technology is still in its infancy. Once this becomes a truly mainstream technology, the future of high utility block chains like Vechain will grow astronomically.

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  • The price of Tron (TRX) is consistently rising and the experts believe it is coin worth investing in. Let us look at the different aspects of Tron (TRX): TRON’S dApps Tron (TRX) provides a platform for the developers to evolve what is known as dApps OR decentralized apps. Tron’s launch of ‘Manniet’ has provided it with a lot of attention. The founder and CEO of Tron (TRX), Justin Sun said that it plans to develop 80 dApps soon.   (TRX) TRON PRICE PREDICTION Tron (TRX) is presently trading at $0.025, with Market Cap of $1,680,498,776 and volume being $434,727,129. Tron (TRX) is expected to rise to the $1 mark in the next 5 years hence it is a good investment option. The prediction results from the fact that the coin’s usage is increasing significantly. The coin provides a medium to publish easily without any complications which makes it quite popular and hence the coin is used by investors and traders in large and this increase in usage is leading to a consistent increase in its price. Moreover, the coin is quite versatile and has a high usage which makes it a coin worth investing. Looking to invest in cryptocurrency? It is a coin that you should be looking forward to investing in. GROWTH INDICATORS The resistance level of Tron (TRX) is low which suggest that it is expected to climb rather than fall in the near future. Tron (TRX) has surpassed the 38% resistance level provided to it and is further passing the 50% resistance level. Tron (TRX) is expected to cross even 61% and 68% resistance levels, thus clearly showing an upward trend. Tron (TRX) recently achieved a milestone; it crossed 100 million transactions in 173 days. This news was shared by the CEO and founder of Tron (TRX) Justin Sun on Twitter. THE TRON CONTROVERSY Tron (TRX) recently launched its first ever technical device “Test Net” along with complete nodes, network functions, transactions, and customizable modules. The test net has already expanded to 3 countries and the launch of Test Net has shown the crypto world the strength of Tron (TRX). The controversy was raised regarding the functioning of the nodes and network functions. Tron (TRX) is also planning to separate from ERC20, that is, Ethereum platform and hence it will no longer be a part of ERC20. Thus Tron (TRX) IS trying to create its own decentralized chain soon.

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  • After an attentive observation, one will undoubtedly agree to the fact Vechain is not at all having a great time in the market as of now. The crypto undoubtedly tried to maintain its position in the market and has been strengthing its thresholds for long. However, now it seems that it might need a bit more supply support. This is so because the scenarios are becoming increasingly tough for Vechain to handle. PRESENT SCENARIO OF VECHAIN Before analyzing the depths of this crypto, let’s look at where it stands at present. As per the charts of 20th August, VET was observed trading around $0.004704. At this point of time, the market ranking of the crypto was found to be at 32nd rank. The ROI of the crypto lies somewhere near -69.29% whereas the 24 Hour Volume was 27,343,268 USD. Moreover, the market capitalization of the firm was found to be 256,118,982 USD. As far as the Total supply and Circulating Supply is concerned, it is around 86,712,634,466 VET and 55,454,734,800 VET respectively. Whereas the 7 Day high as well as low was found to be 0.005306 USD and 0.004395 USD. VeCHAIN’S BEARISH STORY In order to understand the actual reason VET terribly fails to recover, its imperative for us to look through its bearish journey that doesn’t seem to end. If we go back to the past, we will find that the VET was trading above the baseline at $0.006448. Truth be told, it was actually since then that the bearish trend started recently. The value of VET then simple dropped by a large amount, i.e., 19.36% on 1st August. The value at that time was around $0.0052. Since then, although the value tried to move up on 3rd August by 15.46%, the price of VET faced enormous downfalls. In fact, on the 15th of August, the value tremendously dropped by 26.78% which made the crypto hit its lowest. However, the value, as of now, seems to have grown up by 7.79%. This might be an uplift for VeChain but it’s not at all enough to recover its losses. TIME TO FIGHT BACK Since VeChain has been fighting its bearish trends for quite a long no it can quite clearly be seen that it is finding it difficult to overcome it. In response to this, the majority of the analysts firmly believe in the fact that its high time for VeChain to come up with new and effective strategies that might boost up its performance. Its, in fact, now time for VeChain to be capable of gathering some attention in the network. As far as the present scenario is considered, VET seems to be quite popular but only among the short group. This is why it seems to be the right time when it might need a little more supply support.

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