Brain of God Team CKT The author of “Bitcoin Will Reach 100 Million Won.” And No.1 Korean cryptocurrency analyst. Over 100 Online & Offline cryptocurrency lectures evey year. If you can look at the bigger picture, you’ll learn the furtue in Bitcoin. And you must read ‘power’ movements not to be a loser in this game. Why is this price going up only after I sold them? And why is it going down after I bought them? Well, every price has its reasons. Cryptocurrency market : Too many Ups & Downs. Are you satisfied with your current situation? He is the one who actually ‘understands’ what’s going on in crypto market and investor’s mind. He rewrites the history of crytocurrency market.
Brain of God Translated by sweet_and_young_ This video is part of a paid lecture. Sensitive or valuable contents have been cut. There’s an echo in the lecture room, we’ll do our best to improve sound quality. Please wear earphones for now. Announced information… cars..shipbuilding, steel industry.. all of them There are few industries Korean government can support. Only semicondurtor and the fourth industrial revolution are left. About Gunsan, it’s not confirmed but suggeste, though. But about mining, government mentioned to ligalize it. And one more thing. About exchanges What business license have exchanges had until now? an online marketing business, nonsense. Now, government is going to issue the license for crypto currency exchanges. It’s official, issuing license. What does it mean then? Small, medium-sized exchanges will disappear. Coinrail and so on.. they can be disappeared lying that it got hacked or something like that. W : So, we should transfer the coins there? Of course, you should. I’ve been telling you this since January. Don’t use small exchanges, especially Korean. Because they can not be exsited due to the issue of license in the upcoming future.. The license will require the security equivalent to development bank Security. How much would it cost, rougly? To make and maintain that level of security.. it requires 10 billion. How many Korean exchanges that can deal with this amount? Upbit, Bithumb, Coinone, and Korbit. Korbit is related to NEXON, big game company. Only those 4 exchanges will be able to fulfill the duties Other exchanges.. we should be prepared for it disappearing. Don’t know when exactly and there may be a grace period for that, though. And Coinrail is saying that it will reward users with its own-made coins. It’s nonsense, you know. It’s like writing maoney on any paper, and saying that it’s money. Coinrail wants trading volume and being snobby. It just makes no sense. So, people are worrying that Bithumb would go down or something. Bithumb was acquitted, and it will not appear on the newspaper though. freedom from suspicion. Bithumb… actually mentioned about M&A… Well Information that the public can’t get. But I got to talk to those concerned and authorities.. So, crypto currency market is going to be legalized. Legalizing doesn;t mean expansion but it does mean government can’t ban the market. Why? Miners.. Mining is same as issuing cash. Because coin is cash. Therefore, legalizing issuing cash means distribution will be legalized, too. So, capital like this wil be invested. There was plunge like this but it’s nothing. The reason G20 is important is.. Well, here, the matter of mining and exchanges those matters will be discussed, and global license system will be discussed And then the price can be… down.. why? 90% of exchanges can’t get that license. Then, in the short term, the market can go down due to the sense of crisis cause by those 90% exchanges’ possible closure. Of course, after that, market will start rising. Because it is good news for those exchanges that can get the license. As a result, we should be aware of this plunge. Be careful of the day G20 takes place, and 2~3 days after G20. And we have to take chance of buying this low point. Of course, if it goes without plunge, that’s really thankful. We’re all stuck anyway, you know? But we have to be careful about this. Be careful. Be aware of the possibility of going down one more time. But I believe the market accomplished the reveral of trend anyway. Isn’t the market rise today than yesterday? Even considering it’s sunday. But we should take notice of the nights of sundays The time when many countries enter the Sunday. Let’s talk about coins. There’s more chance you can’t buy this. Can’t enter a lot. Just invest only about 100 million won. NAVER, SK and one more company, the name.. anyway they’re actually investing in this project right now. Don’t bet your life on it, They are famous big companies, but it always can be a scam. We don’t know that. However, still it is a project by those qualified companies. so, it can be true and where to be listed is already confirmed. So, this coin.. what coin is it similiar to? It’s like DENT. In the future, when you go somewhere like Thailand, when you need to buy data, you are going to buy this coin. Korean cell-phone service is investing in this coin directly. So, it would be good to if we can invest in this coin, too, but it may not be possible, or only in small maybe. Even if you have some personal connection so that you can invest in this coin, you’ve got to make sure that the coin is really this coin. Because there are many nonsense coins. Coins our friends recommended, NaverLine coin.. Bithumb coin.. it’s already sold out, though. Naver Line coin.. Those who were recommended to invest in ICO of Never Line coin? What did they say? In the middle of it, they said NaveLine coin can change its name later because it became known too much. What does it mean? It means it’s a fraud. I can be sued if I say it’s a scam. So I have to be careful saying it though. So I have to say I don’t know. oh, one more coin. TOM. Individual investors can’t get this coin. Koreans don’t have this coin. No one in Korea. Then they say they got this from foreign country through a friend. It ca be true, but I’m not sure it’s for real. So, it would be better not to buy TOM coin. One thing we should be aware is about ICO I told you there is no way for big companies can do ICOs if they don’t establish their own company. Som big companies are trying to invest in ICO by through their own company. Do you know why it is needed? The easiest way for you to earn money? With computer programs. You don’t even have to invest in coins If you can buy 100 tickets for EXO concert, you can get money 10 times higher. It is even not illegal. But the computer program the public can reach is not so good. But later, those quality problem will be solved by coins. So the coin to solve this problem.. is entertainment-related coin It’s easy to use, even fans can use it. It’s easy to commercialize. So this coin can be used not only in Korea, but also in Southeast Asia market. If company like SM uses it, you know? Fans are not in Korea much now, they are now in Southeast Asia and China. China is the country with blockchain, too. So, it’s easy to connect like this. Therefore, entertaintment coin will be great for Korea because there is something called Korean wave, you know? So, big companies will make coins regarding Korean wave then, its market growth can be a hit than other things. About Blockchain system.. Of course big companies make their coin and use it, but what did I tell you guys about the fourth industrial revolution? 5 things for the fourth industrial revolution. AI, Bigdata, IOT and blockchain, and a lot. Smartcar, smartcity, 5G.. and then what? VR, and everything. depends on how you see it. why is it important? Big companies Let’s see about IOT and Bigdata, smartcar too. Who watched wideos or documentary about the fourth industrial revolution? What did you watch? M :Making reservations automatically.. You have to watch those videos if you’re a investor. Well, things connected by sensor globally are already tremendous, you know? And it will be 10 times more in the fourth industrial revolution. everything will be connected. Companies can’t connect all those for now. Never. Let’s say it’s Samsung. I’m not sure about them though.. oh Samsung.. yeah..I love Samsung. So, let’s say Samsung uses all the chips in every equipment to connect all. It will happen for sure and the main channel will be the frige in the house. and for those who are out, smartphones. Samsung can connect these all, not only for Samsung, though Cars and these lights are also be connected. With this connected system, if there’s a coin that can be used in Samsung blockchain, we can be rewarded with that coin. But too many thing will be connected, From elevators to doors, All can not be done by Samsung. All the information will be connected and then go to Google of Facebook, most famous company. And there will be bigdata created, and will be sold to big companies. This is the structure until now. And there will be much more. So, they made profits with this bigdata. With my information. It is my data, you know? And crypto currency can reward us for the data. All these things.. in hyper-connected society, more than 10 things will communicate each other. 10 things in 1 second. Even if I only walk, they can advertise products related to health-care. And that’s my data. Clories consumed in me, my weight, all these information It will be all connected. Not only Samsung system would use my data, there are going to be all kinds of systems like EOS system and Ethereum, or Um.. Qtum, NEO, ONT Don’t get me wrong I’m just giving an example here. Yep, ELF too. All these coins want to create their own ecosystem and they want to connect all. And then connection to companies like Samsung, too. This is IOT , hyper-connected society. All these datas and information occurs in this system will be given value by crypto currency and move around. Move to where? Smartphones. Did you watch a documentary about integral technology? It can be done even now. It doesn’t need smartphones, it will be built in our arms like this. It is not a difficult technology. But people see it negatively, VeriChip and all.. so it’s not realized now. Huawei took something out before Samsung. What is it? It was in today’s news. Smartphone screens can be folded. But that technology was possible 8 years ago already. We can roll up the smartphone and put it in the pocket. It can be rolled. For real. that technology is already possible. It can be an issue if it’s equipped in the body, if it’s equipped in the body, authentication is done. self-certification So, paying speed will be much faster. The faster it is, the higher purchasing power there would be. The reason why corperations use automated convenience store is to raise purchasing power, so too the purchasing demand. Companies want to sell more, that’s their ultimate goal. Therefore, of course, they will want more automated convenience stores. It doesn’t take tome to pay so there will be more consuming. spending 200 won instead of 100 won. So for this consuming patterns, how to connect? IOT. Sensors. and for tiny little money in those IOT and sensors. Look, You know card companies offer to give you some points if you buy something, right? But you don’t really take a look at the points. For those kind of points continuously made in connected IOT, it can’t be rewarded everytime it’s made. It is small amount. You know how much reward I get from my Youtuve Video if you watch once? 1 won. Are you going to confirm 1 won by 1 won every time? No. Eventually, there should be something that can be used for this fast, amount of money. with the current bank system, it is so bothersome. Transfering all those small amount of money every time.. that’s crazy. Current system requires too much time and money It’s crypto currency, blockchain, that can solve this problem. We won’t confirm 1 won by 1 won every time. It should come and go easily. We just check for it. That’s it. So there’s going to be crypto currency wallets for it. Companies invested in crypto market is investing in these wallets. I’m not sure about coins for now. There will be funds from wall street, though. As financial instruments. But actually they are now investing in payment system. These wallets. They see it is more important. Because we are not gonna buy the real wallet, you know? It’s going to be in smartphones. and if its security level is good, people will use this wallet. So, there are a lot of investing in wallets. This video is part of a paid lecture. Sensitive or valuable contents have been cut. Contact us. KaKaotalk ID : lmn1972 for weekend classes This video is part of a paid lecture. Come visit our naver cafe. You can see analysis materials everyday. Thank you.