Phil Kennedy: Does Many Bitcoin Miners Going Bankrupt Mean the Capitulation is Over?

Jason Burack of Wall St for Main St interviewed returning guest, author of Financial Judo and host of the Kennedy Financial podcast, Phil Kennedy https://www.philipkennedy.com/

Jason asks Phil about the crash in Bitcoin and other crypto currencies since January 2018 (Bitcoin has apparently died over 335 times already! https://99bitcoins.com/obituary-stats/) and about the bear market and manipulation in gold and silver and how he keeps the faith?

Jason also asks Phil if over 600k Bitcoin miners going bankrupt in just the last few months, according to one expert, thinks this means that Bitcoin has capitulated is has bottomed?

1) 600K Bitcoin Miners Shut Down in Last 2 Weeks, F2Pool Founder Estimates https://www.coindesk.com/600k-bitcoin-miners-shut-down-in-last-2-weeks-f2pool-founder-estimates

Finally, is Bitcoin being manipulated as some Bitcoin and crypto currency experts have claimed?

2) https://www.ccn.com/2018-in-4-words-icos-and-ethereum-are-dead

Phil has some very interesting opinions and insights about crypto as well as holding cash while he waits for stocks to crash up to 50% more in his opinion some time in 2019.

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Original of the video here
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ICO Reviews
Bitcoin miner reviews
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COMMENTS (1)

  • comment-avatar
    inchelsifin1984 June 14, 2019

    Aquamarine. This is new school.