In my writing career, I have never done a Video Review before, as I have never a
Bitcoin-related video worthy of a review, but this video inspired me. Hopefully, this doesn’t come across as promotional, because my goal is to educate, not remunerate. Since this video is not promoting any product, except for the digital asset’s value itself, a worthy ideal, in my opinion, let’s look at a new video called “10 Reasons Bitcoin Price Will Destroy All-Time Highs in 2017.”
I will place the video below this article, for your convenience, but before you scroll down, let me give you an outline. The video is current and up-to-date, as it is only about ten days old, and it seeks to affirm the general optimism that surrounds
for Bitcoin’s potential price 2017. It is produced by the “Renegade Investor” YouTube channel and is on the long side, standing at over twenty-six minutes.
What you give up in speed you get back in scope. The most impressed aspect to me about the video is the comprehensive research of each point. Plenty of sources were enlisted in the creation, and the reasoning is all sound logic, in a matter-offact type manner of delivery. I was actually
expecting 1-2 of the sections to be dismissable fluff, but this video did not fail to deliver value on each and every point noted. All points are legitimate and worthy of consideration for the new investor, except for one.
The fifth item listed in Bitcoin’s favor is
“Scaling Segregated Witness” and it intimates that SegWit should be adopted by the 95% of miners who signal they're ready to employ it by this November. As is shown in a progress chart in the video, for an extended period of time. SegWit has remained in the 25% range
I’m personally worried that SegWit will never gain adoption to allow the scalability features like The Lightning Network to take hold. The Lightning Network could allow Bitcoin to effectively scale from the current limits of
seven transactions, or less, per second, to as many as 10,000 per second (Visa will tap out at about , not the 24,000 transcations per second 2000-4000 mentioned in the video.)
The Renegade Investor also mentions a double of the effective block size just through SegWit adoption alone, when the actual increase is around 70% over current limits, but the video is very comprehensive, mentioning the sweeping
into popular Japanese culture, how the current bond market will influence Bitcoin value, and the effects of mainstream adoption of Bitcoin . Even clips from The Keiser Report are used effectively. Bitcoin eventually passing Gold’s market price
Finer details aside, this
. If you know of someone who is on the fence about getting involved in video provides a lot of value Bitcoin, as an investment, I can safely recommend this video to persuade the masses. It doesn’t shill for any product and just provides solid value for those who want the current state of the Bitcoin. Feel free to share this.