Bitcoin: The Money Out Effect {Video}

[ThePanCakeKid95]

Hey guys it's Jason. It's been a long and busy summer, but just wanted to share with you my new videos. Hope you enjoy!

Video: https://youtu.be/f-fm7oTr1VA

[LiteCoinGuy]

nice video but we are still not having exahashes 

[ThePanCakeKid95]

thanks, and yea I've been getting tons of emails and comments about that one. I check my info twice and somehow managed to mess my numbers up

[jonald_fyookball]

i watched a few minutes of it...nice that you are mining and
making videos.

Didn't quite the get the point though... yes, money goes "out" from miners
when they pay for electricity.  That is obvious.  Why
is that an issue?

[dollarneed]

wow awesome i dont even know that you are a miner and youtubers,by the way nice explanation about
the money out effect iam waiting for new videos about bitcoin in  future.
I've subscribed and shared keep it up mate

[odolvlobo]

I like your videos. I have a few comments.

Your video is basically about inflation. It doesn't really matter what the miners do with their bitcoins. The key is that the number of bitcoins is increasing.

Day traders are not relevant. Day-trading is a zero-sum game (ignoring external factors). For every trader that makes money, there is a trader that loses the same amount of money.

[Dire]

Haha. I din't know you were 'that' guy. I see your videos all over the place when I'm looking into alt coins. I think it's always good for people to understand the risks and costs miners take, but I think perhaps you should have had the word 'miner/mining' in the title so the average person will know what they are going to be watching. Informative video though.

By the way, I'm still waiting for the Christmas video where that fireplace of yours is turned on.

[Amph]

I like your videos. I have a few comments.

Your video is basically about inflation. It doesn't really matter what the miners do with their bitcoins. The key is that the number of bitcoins is increasing.

Day traders are not relevant. Day-trading is a zero-sum game (ignoring external factors). For every trader that makes money, there is a trader that loses the same amount of money.

the increase of number of coins is directly correlated with what mienrs will do with them, so it matter, if miners decide to not dump anything then it's pointless to talk about the increase of the numbers of bitcoin, because they are the one that produce those new coins...

the impact of the halving is much higher than many think, it was the same with the last halving, just don't expect it to happen the same day of the halving

[odolvlobo]

Your video is basically about inflation. It doesn't really matter what the miners do with their bitcoins. The key is that the number of bitcoins is increasing.

the increase of number of coins is directly correlated with what mienrs will do with them, so it matter, if miners decide to not dump anything then it's pointless to talk about the increase of the numbers of bitcoin, because they are the one that produce those new coins...

There is no reason to distinguish miners from other people in the market. When a miner decides to hold or sell their coins, it's just like anyone else deciding to hold or sell their coins, as far as supply and demand are concerned.

It should be noted that the sale of bitcoins doesn't remove money from the Bitcoin market as Jason said because the same amount of money is added by the person that buys them.

[LiteCoinGuy]

thanks, and yea I've been getting tons of emails and comments about that one. I check my info twice and somehow managed to mess my numbers up

no problem dude. humans make mistakes, dont worry.

keep up the good work.

[pereira4]

I watched 60 minutes of documentary yesterday "Bitcoin: The end of money as we know it". I think I will have a break today from Bitcoin videos but will check out tomorrow.

[ThePanCakeKid95]

I want to again thank everyone for all the positive feedback