In today's video we look at the collapsing OIL industry, and by extension the energy sector. What do negative oil prices really mean? What is the impact on Bitcoin and cryptocurrencies? We also examine the bankruptcy of Virgin Australia and the upcoming BTC halving in May 2020. And according to Forbes, a significant number of Americans are spending their $1200 stimulus money to purchase Bitcoin. The are effectively purchasing a deflationary currency with an inflationary one. References: Virgin Australia goes bust https://ift.tt/2RVKTJE Here’s Why Oil Dropped to Negative Prices – Can it Happen to Bitcoin [BTC]? https://ift.tt/2XRd8gt https://twitter.com/oddgems/status/1252318076437180419?s=21 Americans Are Using Their Stimulus Checks To Buy Bitcoin https://ift.tt/3brTDPn How the World’s Largest Economies Plan to Implement Bitcoin https://ift.tt/2KlqnOp Here’s why simulations of Bitcoin’s post-halving price may disappoint investors https://ift.tt/2Sbf4gn Altcoin Buzz Free Newsletter: https://ift.tt/2KaADZC Sign up for Crypto.com and We Both Get $50 USD https://ift.tt/2P7Alq9 Sign up for eToro https://ift.tt/2KxN3uI Visit our website: https://altcoinbuzz.io Connect with us on Social Media: Twitter: https://twitter.com/Altcoinbuzzio Facebook: https://ift.tt/2EyHESp Telegram: https://ift.tt/2DJ5Uhp #Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano #btcusd #btcprice Disclaimer The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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