Home Videos Why Is The Cryptocurrency Price Drop Today Causing Such Terror? Is Facebook To Blame For The Panic?

Why Is The Cryptocurrency Price Drop Today Causing Such Terror? Is Facebook To Blame For The Panic?

5 min read

𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘥𝘳𝘰𝘱𝘱𝘦𝘥 𝘣𝘦𝘭𝘰𝘸 $10,000 𝘜𝘚𝘋.
𝘌𝘵𝘩𝘦𝘳𝘦𝘶𝘮 𝘥𝘳𝘰𝘱𝘱𝘦𝘥 𝘣𝘦𝘭𝘰𝘸 $200.00.
𝘐𝘴 𝘵𝘩𝘪𝘴 𝘵𝘩𝘦 𝘦𝘯𝘥? 𝘋𝘪𝘥 𝘵𝘩𝘦 𝘍𝘢𝘤𝘦𝘣𝘰𝘰𝘬 𝘩𝘦𝘢𝘳𝘪𝘯𝘨 𝘵𝘰𝘥𝘢𝘺, 𝘢𝘣𝘰𝘶𝘵 𝘗𝘳𝘰𝘫𝘦𝘤𝘵 𝘓𝘪𝘣𝘳𝘢, 𝘴𝘪𝘨𝘯𝘢𝘭 𝘴𝘵𝘳𝘰𝘯𝘨𝘦𝘳 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘪𝘰𝘯𝘴 𝘢𝘨𝘢𝘪𝘯𝘴𝘵 𝘢𝘭𝘭 𝘰𝘧 𝘤𝘳𝘺𝘱𝘵𝘰𝘤𝘶𝘳𝘳𝘦𝘯𝘤𝘺?

𝘐𝘯 𝘵𝘩𝘪𝘴 𝘷𝘪𝘥𝘦𝘰, 𝘸𝘦 𝘥𝘪𝘴𝘤𝘶𝘴𝘴 𝘵𝘩𝘦 𝘣𝘰𝘳𝘥𝘦𝘳𝘭𝘪𝘯𝘦 𝘪𝘳𝘳𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘧𝘦𝘢𝘳 𝘵𝘩𝘢𝘵 𝘱𝘦𝘳𝘮𝘦𝘢𝘵𝘦𝘴 𝘤𝘳𝘺𝘱𝘵𝘰-𝘤𝘦𝘯𝘵𝘳𝘪𝘤 𝘴𝘰𝘤𝘪𝘢𝘭 𝘮𝘦𝘥𝘪𝘢 𝘵𝘰𝘥𝘢𝘺, 𝘢𝘯𝘥 𝘥𝘪𝘴𝘤𝘶𝘴𝘴 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩𝘦𝘴 𝘵𝘰 𝘬𝘦𝘦𝘱𝘪𝘯𝘨 𝘢 𝘳𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘦𝘳𝘴𝘱𝘦𝘤𝘵𝘪𝘷𝘦, 𝘢𝘮𝘪𝘥𝘴𝘵 𝘵𝘩𝘦 𝘯𝘰𝘪𝘴𝘦.

*Listen To The Audio Version Instead* ►https://soundcloud.com/omar-bham/why-is-the-cryptocurrency-price-drop-today-causing-such-terror-is-facebook-to-blame-for-the-panic

Links Mentioned Today
► Zucked: Waking Up To The Facebook Catastrophe – https://amzn.to/2lQbESP
► Eli Pariser: Beware Of “Filter Bubbles” – https://www.ted.com/talks/eli_pariser_beware_online_filter_bubbles
► Mayer Multiple For Bitcoin – https://mayermultiple.info/

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  1. Ericson578

    July 17, 2019 at 2:52 am

    It goes up and it goes down. It's like people forget what the word "volatile" means.


  2. Elaine Villa

    July 17, 2019 at 3:01 am

    Love your vids! Also… do you drive aimlessly or are you always actually going somewhere? Lol


  3. Joël Valenzuela

    July 17, 2019 at 3:04 am

    Good one, though it's hard to confidently feel like this will all blow over with BTC's use case turned into price increases, and Tether being used to manipulate said price. It kind of feels like the central bank scam being repeated by its (controlled) opposition.


  4. Anthony Sanchez

    July 17, 2019 at 3:07 am

    Thank you Omar, this is a time to buy during the dip. We need to STAY POSITIVE and remember that this is a roller coaster. Enjoy the ride! #BTC #LTC #ETH


  5. Michael

    July 17, 2019 at 3:08 am

    00:20 Why Is The Cryptocurrency Price Drop Today Causing Such Terror?
    07:37 Is Facebook To Blame For The Panic?
    13:13 Ethereum Upgrades
    15:16 Conclusion: Zucked / Regulations / US Government and Libra


  6. Todd P

    July 17, 2019 at 3:17 am

    I got in because I’m tired of these 1%ers banksters that rape us of our hard earned money. This tech is the future👊👍


  7. The Witcher 3 Misc

    July 17, 2019 at 3:21 am

    Bitcoin cannot be trusted, these price swings will destroy it.


  8. Patrick Condon

    July 17, 2019 at 3:46 am

    So true.
    Well said, Omar.


  9. Weeh Dinga

    July 17, 2019 at 3:58 am

    When flaker fan said ETH is tue best bet and no Kawhi dis go to Clippers. No championship but long term thinking and strong hands to promise land. Let me know how that 2.0 token like xrp works lol and you said staking never been done lol check Callisto its been staking and mining at the same time ETH cant do it so easy way create instant token 2.0 lol thats ETH platform anyways lol ohh i can tell you have a bag of ETH i hope you got them when they are 5 dollars @sunny decree sold his yesterday before the drop so you let me know january how 2.0 look like



    July 17, 2019 at 4:04 am

    A lot of coins forming big cup and handles. This is good.


  11. EP Ventura

    July 17, 2019 at 4:06 am

    I'm just here cuz I saw the Laker hat.


  12. Bitcoin Cash

    July 17, 2019 at 4:09 am

    https://youtu.be/QB1_H9IiGlE EXCLUSIVE: Vitalik Interview – CoinSpice Live


  13. rose lusby

    July 17, 2019 at 4:12 am

    Jamie Dimon clown!! remember his corrupt banking cartel being bailed out in 08


  14. Silent Lamb

    July 17, 2019 at 4:23 am

    This is fine🔥🔥🔥 😆☕🔥🔥🔥 stay the course people, remember what the end game is, what is should be, what we want it to be.. Change the system 💪



    July 17, 2019 at 4:37 am

    The complainers are always the ones that buy when it’s rising while we buy on dips. When it dips that panic and sell and cry like babies. The next morning it’s climbing they buy in again 😂. Buy on dips leave it the hell in there good grief.



    July 17, 2019 at 4:41 am

    Crypto will WORK when everyone learns to buy on dips. It’s simple. If you buy high you better stay in . And people ignore FB crypto they already said day one they reserve the right to cancel transactions ! Be your own banker With real crypto.


  17. Lakers Reaction

    July 17, 2019 at 4:46 am

    nice Lakers hat


  18. 90s Kid

    July 17, 2019 at 4:46 am

    Loving the hat bro



    July 17, 2019 at 4:49 am

    TRUMP you need to Tweet and pump bitcoin and DENOUNCE FB coin Because FB could end up being the new reserve !!!! At least with Bitcoin a private co with a board of criminals Won’t be the share holders of America’s assets !!!! Some banks will go under EITHER WAY if you don’t pump bitcoin Your going to loose the banks and the reserve My God. Maybe Trump knows it had That’s why he tweeted the polar opposite of reality on your bitcoin tweet. I hope you have a plan.


  20. tim minshull

    July 17, 2019 at 5:29 am

    who cares about the drop . What is will be the price be in a year from now??


  21. lash188

    July 17, 2019 at 5:38 am

    Go BitC. Giddyupppppp 💪🤘


  22. Gage Smith

    July 17, 2019 at 5:58 am

    Got like 2 ads on this video lol. Good content though! Worth it!


  23. p b

    July 17, 2019 at 7:07 am

    Come on ……LAKERS


  24. Stefan Backman

    July 17, 2019 at 7:35 am

    If the vales wants a dump, its gonna be a dump. If the vales wants a pump, we will have a pump! The markets is in a controll of the vales, and that is the sad truths


  25. RAVI Dubois

    July 17, 2019 at 7:41 am

    Hello Omar! Could you please check on Nash Exchange token $NEX. 50M total supply.


  26. ros070 R

    July 17, 2019 at 7:42 am

    i want icx , lambo and hyperconnect it



    July 17, 2019 at 8:19 am

    Fud fud and more fud lol been here before waiting on $60k parabolic rise!!😎


  28. hanania

    July 17, 2019 at 8:52 am

    what is mayer multiple?


  29. Tiago André

    July 17, 2019 at 9:07 am

    I don't think the problem is Facebook!
    First thing first, it's all about the money. People convert tradicional money into crypto and crypto into tradicional money, and they do it in mater of hours not days, hours!
    So that is the key factor that is always causing the volatility of crypto market….
    Second thing, money is not like alcohol it simply does not vanish in to thin air. 
    So if it goes out of the crypto market where it goes?
    Take a look into the traditional markets, that's it… Things are going pretty cool!
    There you are, the easy profits seekers are running into traditional markets.


  30. D Vdp

    July 17, 2019 at 9:14 am

    Someone should call ghostbusters with on the white house!


  31. Beaux

    July 17, 2019 at 9:15 am

    Thanks for the rational 😀 Cheers


  32. D Vdp

    July 17, 2019 at 9:28 am

    Charles Hoskinson said blockchain tech developments are a marathon. But a lot of investors are sprinting, jumping and tripping. Difficult to keep our heads straight. These feel like miles 5 to 15. Keep your own pace, stay in the open/decentralized lane and put on some house music untill we get to the halfway point 😉
    Then we’ll take a look at the infrastructure and continue with smiles in our faces!


  33. Envious Fred

    July 17, 2019 at 9:49 am

    So they say that Congress can be bought in the US? Well Visa, Mastercard etc need to lobby and buy their own representatives since they are also in the hole with their investment in Libra nodes.


  34. miaxix888

    July 17, 2019 at 10:02 am

    What up OMAR!!!


  35. Y K

    July 17, 2019 at 10:58 am

    Government not terrified of Facebook coin they just want you to think that way, till its ready to take out bitcoin. But can't happen its just wishful thinking to hold on the lost control.


  36. Y K

    July 17, 2019 at 11:03 am

    Bitcoin do not need regulation just the prodact build on top of bitcoin. stop asking the government to give you a clear guide coos they are not in a position to do so. Can you forget them and build what is just.


  37. Edward Maldonadoisdope

    July 17, 2019 at 11:08 am

    Gotta love fud ❤️


  38. Death Metal

    July 17, 2019 at 11:25 am

    Hey man when do you have Andreas on your show? Also have u read the 37 pages document by Dr Noureil Roubini? Please read it would be awesome if you actually read all the pages & maybe ask Andreas Antonoplous some questions after reading the document please


  39. Samuel Acquah

    July 17, 2019 at 11:47 am

    All this is gonna make a Great movie someday. Omar will be lead actor lol.


  40. Jay Martin

    July 17, 2019 at 12:15 pm

    Classic LA Laker hat! nice, better than a clipper hat. 😛 BOOM


  41. DavyCrockett888

    July 17, 2019 at 12:28 pm

    I got involved with Bitcoin and Ethereum because of the horrific corruption in traditional financial systems. Traditional financial systems are debt based and lead to social enslavement as they only bail out the super rich – just another tax to syphon away the money from the average person- also the governments can hold the money supply hostage – central banks are no way really independent of the banks that control them or the government. A new financial system needs to be in place before the old one collapses in it's own corruption – otherwise there will be mass chaos and suffering. I would rather self- actualize by helping evolve the monetary system – than own a Lambo.


  42. DJCJ512

    July 17, 2019 at 12:28 pm

    Terror??? Really? NEED I have to remind you that the bottom was December 15th..ish and EASY reality check that the top coins (BTC, ETH, LTC, EOS) are actually still 3x, is check your Circle invest app go to each coin and press YR chart ( you don't need to sign up to have the app. Let's keep it real instead of spreading their FUD game.


  43. Silver Gem

    July 17, 2019 at 1:25 pm

    The reactions of some people are a classic example of how impatient our society has become. How many of them probably stand in front of a microwave oven, wishing it would "hurry up?" Are they even aware that Bitcoin was $4000 just four months ago?


  44. Kevin Etter

    July 17, 2019 at 1:26 pm

    Ether OG here! Early 2016 around $2.00 but *not enough to retire at these prices*. Still willing to accumulate


  45. Satoshi Analysis

    July 17, 2019 at 3:09 pm

    There will only be one global public ledger. Every other coin will go to zero. The Metanet will be built on BitcoinSV. They will have 2gb blocks at the end of this month and will keep doubling it to scale infinitely. Do your research. Don’t buy the fake segwit fork corecoin btc. You are all getting scammed be the same bankers who fund blockstream. Craig Wright is Satoshi Nakamoto.


  46. Purge

    July 17, 2019 at 10:20 pm

    You've gone full retard Omar. Investments are ALWAYS 100% about your ROI.


  47. JanPBtest

    July 17, 2019 at 11:26 pm

    WSJ has a short article on that today: it appears this was due to a fat-finger Tether transfer. A Tether employee missed typing in the decimal point(!) so the intended $50 million became $5 billion, created out of thin air.


  48. David Chaney

    July 18, 2019 at 7:58 pm

    Sites like coinmarketcap should remove the "shitcoins" from the list, or have a list with or without them.


  49. XRPacific

    July 20, 2019 at 3:13 am

    Protect your digital assets with the Ellipal Cold Wallet! https://www.ellipal.com



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