Greetings and welcome to another edition of the Bitcoin Babaji podcast, here with your host bitcoin Babaji live from the South Cape coast of Africa.

This week in the final days of May 2024 we discuss the recent Etheteum ETF approval by the SEC or security and exchange commission of USA. Now that not only bitcoin but also ethereum has been accepted for trade and Investment and has been properly regulated... now finally mainstream investors with millions of dollars of assets can invest into this second largest to all cryptocurrencies.

On this news use earlier this week ethereum price saw a nice pump to the upside. Of course it may take some months before the ethereum etfs are efficially available for trade and Investment. Some paper work and finalization still needs to be put into place and so the prediction is that it may take a few months before these ETFs go live, perhaps around the fourth quarter of the year.

Will we see ethereum gain its original value in relation to Bitcoin? Currently it's trading at around 0.055 Bitcoin. However if we look back at the previous price trend in the previous halving cycle of Bitcoin, we can see that ethereum peaked at around 0.075 Bitcoin. Some wat to go before we reach that previous high. Yet if we consider this local high price in relation to the one prior to it, and the previous all-time high which took place in the earlier bitcoin having cycle around December 2017, January 2018, then we can see that back then ETH reached the price of 0.1 Bitcoin. In other words in the most recent previous cycle ethereum was never quite able to regain it's early higher value in relation to Bitcoin.

Will this ETF perhaps propel ETH back to its previous highs? We can only wonder. Other than that, bitcoin price is consolidating at present near its all time high. If the cycle plays out as usual, then money should flow from bitcoin to ethereum, then to the large caps and finally the to the small cap alts.

We still have 12 to 18 months ago for this bitcoin having cycle so markets should peak around... some are saying it's earlier this cycle, in May 2025 and others up to October 2025, depending on where you draw your date ranges on your technical analysis of price charts. Personally I am not an investor in ETH as I prefer bitcoin's proof of work to ethereum's proof of stake. I'm not a maximalist and- full disclosure - will sometimes invest in the other cryptocurrency assets for short-term games and profits.

However, Ethereum has never been a favorite for me and one of the reasons is due to the tokenomics. If you look at the maximum supply of coin you will see that it is Infinite, even though the total supply is already in circulation. To me this looks as if the developers scan simply print more ethereum if they wish, much like the FED can print more paper dollars if they wish and have this inflate the supply and deflate the value of the currency.

As the result I remain reserved about investing in ethereum personally although you may be a long-term holder and thus in profit at present.

Besides that, other coins that have been pumping while Bitcoin consolidates, particularly in relation to Bitcoin are none other than the meme coins. However not all of them are pumping it to stage. Only names such as Pepe, Bonk, Wif, Floki are pumping over the past week in bitcoin value. Where will capital rotate to next? Not much new retail capital in entering the market this cycle so far.

Stay tuned as we still have a year to go in this bull run cycle. I'm keep you posted, my future self, and you fear listener, in this my captain's trading log, as we surf the waves of the blockchain all the way to the moon.

Image from pixabay.com free commons, edited on my mobile smart device and uploaded onto the Hive blockchain.

It's 1 May 2024 and we've just had a two day mega retrace of Bitcoin price, with altcoins taking it hard by showing a crash in prices. Now is the time to buy the dip, as Bitcoin consolidates over the coming 5 or 6 months. Bitcoin price traditionally has a dip now, and trades within a range for coming months.

This is a great time for range traders to buy support and sell at resistance in the range. Already prices have bounced across the markets. This retrace has been one of the biggest of the past few 4- year post- halving periods.

OGs laugh it off as par for the course and all priced in, predictable and nothing unusual. Keep a cool head and ride it out. Snipe those trending ranges and profit if you can.

Image from pixabay commons, edited and published from my mobile device via cast.garden onto the Hive blockchain.

In today's podcast Bitcoin Babaji discusses the imminent altcoin season. We are just one week past the Bitcoin Halving of April 2024 and at this stage in the four years cycle - has Bitcoin consolidates over the next few months - we traditionally see an altcoin pump.

Generally this altcoin season is kicked off by Ethereum. If we look at the ETH/BTC chart, we can see that in the past two days ethereum has had a nice pump in BTC value moving on the daily chart from the 21 day moving average up to the 55 day moving average, which is now acting as support. Is this start of the altcoin season which is much anticipated by a traders, investors and speculators in the cryptocurrency sector?

If Ethereum can lead the way now then the rest of the altcoin market can follow suit. Generally money flows from Bitcoin to Ethereum, then to the higher cap alts, and finally trickles down to the midcap and low cap altcoins as traders and investors look for profit.

This podcast is my diary and record of progress along the Bitcoin cycle and journey to the moon.

Uploaded from my mobile phone, via Peertube, and Cast.garden into the Hive blockchain. Image from Pixabay, edited on my mobile device.

In today's podcast I discuss the exponential increase in the number of new Cryptocurrencies that are emerging. There are in total over 2.5 million actual crypto currency projects that have ever been launched. This is a staggering figure, though obviously most of them have died out. It's getting easier to launch a new coin or token nowadays.

Each year since 2021 the amount of new coins being launched grows, with the most ever emerging in the past dust quarter of 2024 alone. About 5300 new coins are launched every single day right now.

I also discuss the latest trending sectors. But only are meme coins the latest craze, but the AI sector is big now, as is DePin and RWA or real world assets, where actual real or physical assets are tokenized and placed on the blockchain.

With enough research and info one can invest in the current trending sector and see significant profits, with the Bitcoin bull market cycle upon us this year and next. Bitcoin leads the way, but the biggest profits are in the new and trending sectors with their specialized blockchains.

Published from my smart mobile device, via peertube, and cast.garden, and onto the Hive blockchain. Thumbnail image from pixabay, edited on my mobile device.

Discussing the recent Bitcoin halving, where the amount of Bitcoin produced by miners is cut in half, as written in the code by the pseudonymous inventor Satoshi Nakamoto. This cyclic occurrence every four years is much anticipated as it reduces supply and thus pushes up the price, if demand stays consistent.

Also discussed is the current trend this time around, which is Meme coins. They are the flavour of the season, just like NFTs, and DeFi and ICOs were before them in the previous cycles.

Welcome to another edition of the Bitcoin Babaji podcast with your host bitcoin babaji here on the southern coast of the dark continent of Africa, hidden in the forest in a remote region, operating purely on solar power with nothing much going on really... it's just a place of the Hermit where there's no money, no electricity, no work, no car and nothing to do other than watch the sunrise and set again 12 hours later... it's a glorious life for the hermit and the monk who has walked away from the world because the world is about to implode into World War 3, as we see our destiny approaching day by day... if it isn't World War 3 then it might be an EMP from soar flares or psyops, so be ready to face inevitable potential collapse of the blockchain as well as all power and electricity.

Not that anyone really listens to this podcast so I don't need to worry... there are no real listeners, there's absolutely no value for me whatsoever...it's just a random expression of my crazed mind at the end of my life.

I Slip Away... I simply leave this podcast as a legacy for those who might stumble across it five years from now or 50 years from now and be able to know that back in history, just before World War 3 and the final collapse of the planet into the Stone Age, that there were people still happily floundering with no meaning or value in their lives except to be in the moment as they air their end. This could be my last podcast. Nothing is certain.

In today's edition of the Bitcoin Babaji Podcast, from the sunny southern shores of Africa, we discuss what it means to have this biggest ever historic occasion of Bitcoin ETF as a financial investment asset for the biggest financial corporations in the world.

The gates have just been opened for billions of dollars to enter the blockchain as Bitcoin or any other digital asset.

We discuss the Ethereum pump, suggesting that money is flowing from Bitcoin to ETH and that this may also indicate a coming altcoin pump, especially layer 2 blockchain in ETH.

We also wax on about the beauty of Fibonnachi fractals that appear to permeate the charts and price waves of these globally traded digital assets. And how this appears to show a pattern that flows like a wave. And how we traders are just surfers of this waves. Sometimes we get dumped but then we just get back up into the board and laugh it off to try again.

Image from pixabay edited on my mobile device.

In today's podcast I discuss the Bitcoin ETF which has just been approved in the past few hours.

This is the moment the Bitcoin and blockchain Industry has been awaiting. Now that the official regulators have approved this one ETF we are likely to see more approvals as other huge financial institutions get on board and invest there billions of dollars into Bitcoin.

This is positive or bullish news for the entire cryptocurrency market and blockchain Industry. And this is a very positive time in the 15 years of blockchain technology. We have a convergence of many positive trends.

Add to the approval by government regulators of this ETF the fact that we are now approaching the Bitcoin halving, which takes place every four years as written into the code by the anonymous inventor of Bitcoin namely satoshi nakamoto.

These positive trends that are aligning now will certainly push Bitcoin and the entire cryptocurrency sector to the next ATH (all time high) in value. We have about 18 months of bullish uptrend in price to look forward to.

As I report from the remote forests on the southernmost shore of the African continent, I live as a sovereign entity, off the grid and outside of state control. Indeed I am a kingdom unto myself. Thanks to blockchain technology and Bitcoin I can operate outside of government or Central Bank control.

I am able to source my own power to run all the tech and I need in this one small smartphone connected to the internet.

I am not dependent on the government for my power. Nor am I dependent on the Central Bank to perform any transactions of trade or exchange. I can do all of this independently in a decentralized manner using blockchain technology.

These are indeed empowering and exciting times for those of us who wish to live as independent sovereign actors. Whether you are a libertarian or practice agora or are an anarchist, then certainly you are able to live outside of the control of centralized government and Banks.

It is ironic that big government and big banking are actually more like obstacles in the path of our God-given freedom. They act as oppressors and tyrants and therefore we choose to circumvent them by using blockchain technology for not only independent trade and exchange but also for independent Media which is uncensored and able to act as the true pirate radio station of old.

Image pixabay edited on my mobile device.

Today in the Bitcoin Babaji Podcast I discuss the recent anniversary or birthday of Bitcoin this week, based on the first Genesis block mined by Satoshi Nakamoto on 3 January 2009.

I also discuss the imminent ETF approval... or denial... about to occur this week. If approved it will allow mainstream institutions to invest in Bitcoin, thus bringing millions more dollars into the crypto sector and pushing price to new ATHs.

I go on to discuss the four year Bitcoin halving, just under 100 days away, and the solid 4 year cycle programmed into Bitcoin. And as we know the entire crypto market follows Bitcoin, generally speaking, as far as overall uptrend or downtrend is concerned.

To conclude I discuss a little about healthy trading psychology and mindset. We are all driven by two basic traits - fear and greed. These two opposing traits drive price, either upward or downward. As traders and investors in crypto we learn about ourselves by observing these two traits play out in our own minds.

If you wish to check out my other blog posts and leave a like, then you can find me at https://hive.blog/@julianhorack/posts

Image from pixabay edited on my phone.

Welcome to the first podcast of the Bitcoin Babaji talk show, where we discuss all things blockchain and cryptocurrency, AI, Web3, as well as some technical analysis, fundamental analysis.

And in the other hand we also talk about psychology and philosophy of the healthy mindset as a trader and investor. So you could say this is a Zen and the art of trading show.

I'll intrusive myself in this first episode so that you're familiar with my background, and in coming podcasts I'll share my insights and invite discussion.

Independent media can take us into true self sufficiency and sovereignty thanks to blockchain technology and platforms like Hive and also cast.garden.

Anyone can be empowered to speak without fear their truth and also share their experience. Mainstream media cannot be remitted on anymore for honest journalism. And so decentralized systems like blockchain technology show for independent media like us to thrive.