The Wild West Crypto Show Offers a Calm Approach to Analyzing Bitcoin’s Storminess

July 12, 2019 12:45:16

The Wild West Crypto Show hosts Drew Taylor and Brent Bates turned the focus of their particular brand of amusing cryptocurrency insights and chats toward bitcoin and its recent volatility in episode 67 of the popular market analysis forum, demonstrating the adage that the show must go on – even when Taylor is on the road to Florida.

Regular features included perspectives on Bitcoin Ben’s activities, the news from the schoolhouse segment and insights into the market innovations driving crypto toward an asset class from CryptoCurrencyWire’s director of communications, Jonathan Keim. Keim made note of three headlines of potential significance to enthusiasts in the space, including Metronome’s delivery of the world’s first cross-blockchain token transfer capability.

“Essentially, their token can move across blockchains,” Keim said on the show. “Think of it like this. If you get bitcoin, you’re kind of married to that blockchain and you’re hoping that they’ll keep it going. But with this token, they actually went from ethereum to ethereum classic and back again. They’re looking at four other cryptos with it, but this allows you to choose the blockchain you want to be on for the best stability, fees, service and governance.”

Taylor joined the show from Newsmax TV’s Liquid Lunch broadcast with host and Wall Street entrepreneur John Tabacco in Miami, where Taylor was attending a blockchain conference and visiting with guests Joerg Molt, a bitcoin pioneer and blockchain specialist, and Eryka Gemma, CEO of the Bitcoin Center Miami and a public speaker, event host and community figure who is focused on developing Miami’s tech scene.

Bitcoin’s run-up to near 14,000 and then pricing efforts “to find equilibrium” as it fell to around the 11,000 range at the time the show aired was the focus of Bates’ episode-ending segment, The Good, The Bad, and The Ugly, in which he offered a note of caution about overreacting to the movement.

“Don’t knee-jerk… There’s going to be those out there who live off the volatility,” he said. “For those of us that are… looking for this move for decades, not really for the next 20 minutes, just sit back, enjoy the action.”

The Wild West Crypto Show appears on TV in 45 markets across the country as well as online, “educating people about cryptocurrency so that they’re not afraid of it.”

For the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring the latest news from around the world, visit http://ccw.fm/9BaHe

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