{"id":95281,"date":"2019-12-01T01:20:00","date_gmt":"2019-12-01T09:20:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=95281"},"modified":"2019-12-01T01:33:04","modified_gmt":"2019-12-01T09:33:04","slug":"bitcoin-analysis-jamie-dimon-warren-buffett","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/ask-al\/bitcoin-analysis-jamie-dimon-warren-buffett\/","title":{"rendered":"Ask Al: Bitcoin Analysis, Jamie Dimon and Warren Buffett"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Bitcoin analysis for Monday June 24 and Friday November 22, 2019<\/h2>\n\n\n\n<div style=\"position:relative;height:0;padding-bottom:53.125%\"><iframe class=\"sproutvideo-player\" src=\"https:\/\/videos.sproutvideo.com\/embed\/d49cdcb41015e3c75c\/620c8ea1087ca695?bigPlayButton=false&amp;emailTopText=Enter%20your%20email%20address%20to%20view%20this%20video.\" style=\"position:absolute;width:100%;height:100%;left:0;top:0\" frameborder=\"0\" allowfullscreen=\"\"><\/iframe><\/div>\n\n\n\n<p><em>Video duration: 15min 26sec.   Apologies for low quality audio.<\/em><\/p>\n\n\n\n<p class=\"content-box-green\">Monday June 24, 2019: A question on Bitcoin. <br><em>Part 1 duration: 10min<\/em><\/p>\n\n\n\n<p>Bitcoin, if you\u2019ve been paying any attention to it, has been doing\ngreat. This is the Bitcoin Index. I threw up the weekly chart. That was last\nyear\u2019s blow off top. We had a Triangle, a bear\nbreakout, and then a reversal up, and three legs up \u2013 one, pullback, two,\npullback, three.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/190624-Bitcoin-Daily-Chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"357\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/190624-Bitcoin-Daily-Chart-680x357.png\" alt=\"\" class=\"wp-image-95368\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/190624-Bitcoin-Daily-Chart-680x357.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/190624-Bitcoin-Daily-Chart-300x158.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/190624-Bitcoin-Daily-Chart-768x403.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/190624-Bitcoin-Daily-Chart.png 1000w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><figcaption> Bitcoin Daily Chart \u2013 Monday June 24, 2019  <\/figcaption><\/figure>\n\n\n\n<p>Ten \u2013 this was a likely resistance area. Ten, a big round number,\nlikely a resistance area. But this is up very strongly. We have another\nresistance here, so spike, pullback, channel. However, I think the odds are\nwe\u2019re going higher. How much higher? I don\u2019t know.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin is like gold<\/h2>\n\n\n\n<p><a href=\"https:\/\/medium.com\/swlh\/bitcoins-dirty-secret-that-could-kill-us-all-da95b2cc6659\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Bitcoin (opens in a new tab)\">Bitcoin<\/a> is kind of like gold. You have a bunch of idiots on TV that say irrational things. When it\u2019s going down, they say it\u2019s going to go up, so all the way down, they kept saying, \u201cIt\u2019s a buy, it\u2019s a buy, it\u2019s a buy, it\u2019s a buy, it\u2019s a buy,\u201d right? And on the way up, \u201cIt\u2019s a buy, it\u2019s a buy, it\u2019s a buy.\u201d It\u2019s like gold. Whenever gold is going down, you\u2019ll hear the gold bugs on TV say, \u201cAh, it\u2019s going down. You\u2019ve got to buy it. It\u2019s great value. It\u2019s cheap.\u201d And when it\u2019s going up, they\u2019ll say, \u201cOh, you\u2019ve got to buy it. It\u2019s going up. The momentum is good.\u201d<\/p>\n\n\n\n<p>If you ask them, \u201cWhen do you sell it?\u201d, they\u2019ll pause and say, \u201cOh, we\nnever sell it. We always buy it.\u201d The same is true with Bitcoin. There are\npeople \u2013 most of the people they put on television are Bitcoin crazies, just\nlike the gold crazies. No matter what Bitcoin is doing, it\u2019s a buy. \u201cOh,\npullback here, it\u2019s a pullback. It\u2019s a buy.\u201d Yeah, but if you bought here, you\nlost 75%. It only came down to $3,000.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">In a bull trend<\/h2>\n\n\n\n<p>So it\u2019s clearly in a bull trend. Big, big reversal, but it went above\nthis resistance, above this, above that, and it\u2019s testing this. A lot of\ntraders want to buy pullbacks. This is the weekly chart. Usually once you get a\npullback, you don\u2019t want to buy it because it looks like a bear trend reversal.<\/p>\n\n\n\n<p>So for example, here. Here\u2019s a pullback in a bull trend. It\u2019s a Higher Low, but nobody wants to buy it. Up here,\neverybody wants to buy it, but that\u2019s really not a good place to buy it. You\nwant to buy a pullback. Daily chart, got a pullback here, pullback here. These\nare the times when you buy it, and you can see so many traders bought, we got a\ngap up.<\/p>\n\n\n\n<p>I would not buy it up here. If you want, you could trade really small,\nbut your stop is down here or down here, so you\u2019re risking 30%, and that is a\nlot to risk. It\u2019s probably better to just patiently wait, or to get closer to\nthe Moving Average and then buy above a bull\nbar and try to get the next leg up.<\/p>\n\n\n\n<p>Do I think it\u2019s going up to a thousand, a million, pick a big number? I\ndon\u2019t know. Everybody calls it digital gold. They don\u2019t really say what they\nmean by that. I do think it\u2019s digital gold. I think it\u2019s a storehouse of value.\nThere are enough buyers below so that at least for the next year or two or\nthree, it\u2019s probably not going to go to zero. Traders will buy selloffs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin as a currency?<\/h2>\n\n\n\n<p>But I do not think it\u2019s ever going to be a currency. I talked about\nthis a month or two ago. It has a fundamental problem. The nature of its\nstructure, the nature of how the transactions are confirmed, is a huge problem\nbecause right now, the fastest a transaction can get confirmed is they can do 7\na second. You\u2019ve got to be able to do 50,000 a second, right? But the way\nBitcoin is structured and the way the confirmations take place, it\u2019s impossible\nto do 50,000 a second.<\/p>\n\n\n\n<p>If you look at Visa or MasterCard, do you think they can only process\n10 transactions a second? No, they can process thousands a second, and that\u2019s\nwhat Bitcoin has to be able to do if it\u2019s going to become an actual currency \u2013\na currency being an item you can use to buy things and sell things. I don\u2019t see\nthat happening. Bitcoin, it would have to totally change its structure. Keep\nthe name, but totally change the structure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin alternatives &#8211; Libra?<\/h2>\n\n\n\n<p>More likely what will happen is some of the other coins that allow a\nlot more transactions per second will become the main currencies. For example,\nFacebook has Libra. They\u2019re designing that to basically replace credit cards,\nand on the surface, you say, \u201cAh, that sounds good. I pay a 3% credit card fee,\nand therefore if I trade Libra, everything will be 3% less.\u201d No. Facebook is\ngoing to pocket that 3%, so you will not pay a penny less.<\/p>\n\n\n\n<p>Also, for example, one of my credit cards, I get 3% back. So\u2026 I don\u2019t\nknow how the credit card company makes any money. Every transaction I get, I\nget 3% back. I don\u2019t see how Libra offers any advantage. It offers an advantage\nto Facebook because to use Libra, you\u2019re probably going to have to deposit\nmoney into Facebook, like a bank. Facebook then has billions of dollars sitting\nin an account, and they can lend it out like a bank, and they can collect the\nflow.<\/p>\n\n\n\n<p>So they can make a ton of money off Libra. Plus, a lot of people will\nstart buying on their site the way they buy on Amazon, and they\u2019ll keep more\neyeballs on Facebook. More people will click on ads and buy things on Facebook,\nand Facebook gets paid for every one of those clicks. So Libra is a really good\nthing for Facebook, and that I think has a much better chance of actually being\na currency, a method of payment and transactions, than Bitcoin.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin is like gold<\/h2>\n\n\n\n<p>Bitcoin is going to be kind of the old granddad, kind of like gold. You\ncan take gold to Walmart and you buy a candy bar and see what happens. You\ncan\u2019t use it. You cannot go with a block of gold into Walmart and buy soup,\nright?<\/p>\n\n\n\n<p>And Bitcoin I think is going to have the same problem. It\u2019s not going\nto be used for transactions; it\u2019s going to be like gold, a store of value. You\nbuy it because you think it\u2019s secure and you think all other cryptocurrencies\nwill somehow be correlated to Bitcoin, and as long as enough people keep\ninvesting in Bitcoin, the whole cryptocurrency market will be stable and people\nwill not panic out and send everything to zero overnight.<\/p>\n\n\n\n<p>That\u2019s one of the complaints about Bitcoin. If the cryptocurrencies\ndie, if the United States government says cryptocurrencies are illegal \u2013 for\nexample, a lot of countries, cryptocurrencies are illegal. I think India, I\nthink cryptocurrencies are illegal. Anyway, there are a bunch of countries\nwhere cryptocurrencies are illegal. <\/p>\n\n\n\n<p>If one day you wake up, turn on the news, and you see the United States\njust decreed, or the Federal Reserve just decreed that, or the SEC, or anybody,\njust decreed that cryptocurrencies are illegal, a pyramid scheme, right, or a Ponzi\nscheme, Bitcoin could go to zero overnight. That\u2019s the risk.<\/p>\n\n\n\n<p>I don\u2019t think that\u2019s going to happen, and I think it won\u2019t happen\nbecause the government knows that cryptocurrencies and blockchain transactions\nare probably going to be around for a lot of years, and banks will start\nincorporating them.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Jamie Dimon and Warren Buffett<\/h2>\n\n\n\n<p>A year ago, <a href=\"https:\/\/www.cnbc.com\/2019\/11\/11\/jpmorgan-chase-ceo-jamie-dimon-wealth-inequality-is-a-huge-problem.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Jamie Dimon (opens in a new tab)\">Jamie Dimon<\/a>, the most respected banker in the country for the past 10 years, CEO of JPMorgan, said Bitcoin was garbage and cryptocurrencies were garbage. Well, JPMorgan is now starting to use cryptocurrencies. Warren Buffett, considered the world\u2019s greatest investor possibly in history, has said that Bitcoin is rat poison, \u201ctriple rat poison.\u201d But, you know, he also said Google was stupid when Google came up about 10 years ago, and he did not buy Google.<\/p>\n\n\n\n<p>Warren Buffett is very good at picking candy stores to buy. Underwear, like Fruit of the Loom, to buy. Furniture stores, like RC Willey. He\u2019s not so good at picking other things. I think he\u2019s a really wise person. But when it comes to actually picking stocks, I would not pay much attention to what <a href=\"https:\/\/www.investopedia.com\/investing\/warren-buffetts-investing-style-reviewed\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Warren Buffett (opens in a new tab)\">Warren Buffett<\/a> does. If you look at the stuff he buys, do you really want to buy Fruit of the Loom? Do you really want to buy See\u2019s Candy? Do you want to buy craft booze? No, you don\u2019t want to buy the garbage that he buys. Geico, he owns Geico. Do you want to buy Geico? No.<\/p>\n\n\n\n<p>But if he gets an 8% return or a 6% return, everyone says he\u2019s a genius\n\u2013 and he is. It\u2019s a really profitable thing. But as a trader or an investor,\nhe\u2019s buying stuff that you don\u2019t want to buy. I would not pay much attention to\nwhat Warren Buffett says when it comes to Google, and I would not pay much\nattention to what Warren Buffett says when it comes to cryptocurrency.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Where is Bitcoin going next?<\/h2>\n\n\n\n<p>So three legs up, no sign of a top. Can we come down and test this gap,\na 50% pullback? I don\u2019t know. Near term, 10,000 is probably going to be\nsupport. This high might be support. This low, 8,000, might be support. But\nthis is up so strongly, I think we\u2019re going higher.\n\n\n\nTom\nLee, who all through here kept saying \u201cBitcoin\u2019s a buy, Bitcoin\u2019s a buy,\u201d\nright? He\u2019s now again saying, \u201cBitcoin\u2019s a buy, and we\u2019re going above this.\u201d I\ndon\u2019t know. Certainly, has a lot of momentum. We may go up above the all-time\nhigh. But it\u2019s a strong enough move up, traders will buy pullbacks, just like\nwhen it was going down, smart traders were selling rallies, although it was\ndifficult to short Bitcoin.\n\n\n\n<\/p>\n\n\n\n<p class=\"content-box-green\">Monday June 24, 2019: &#8220;Any update on Bitcoin?&#8221; <br><em>Part 2 duration: 5min 26sec<\/em><\/p>\n\n\n\n<p>I\u2019ve been looking at Bitcoin. To me, it\u2019s kind of amusing. I\u2019m not\nwriting about it this weekend. If you\u2019re watching Bitcoin, that\u2019s an ETF\nversion of it, and this is the real-time cash index for Bitcoin.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/191122-Bitcoin-Daily-Chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"321\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/191122-Bitcoin-Daily-Chart-680x321.png\" alt=\"\" class=\"wp-image-95369\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/191122-Bitcoin-Daily-Chart-680x321.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/191122-Bitcoin-Daily-Chart-300x142.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/191122-Bitcoin-Daily-Chart-768x362.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/191122-Bitcoin-Daily-Chart.png 1000w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><figcaption> Bitcoin Daily Chart \u2013 Friday November 22, 2019 <\/figcaption><\/figure>\n\n\n\n<p>Up here, I said we\u2019d break below 10,000. Down here, I said we\u2019d fail at 10,000. I said we\u2019d come <a href=\"https:\/\/www.brookstradingcourse.com\/market-analysis\/emini-august-pullback-2800-2730\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"down to about 7,500 (opens in a new tab)\">down to about 7,500<\/a> at a minimum, but we may come all the way down here. First leg up, pullback, second leg up, pullback, third leg up. I suspect that we\u2019re going to start to go sideways here. This could be a pullback from this. Sometimes the pullback goes below the bottom of the bull trend. But when it does, if you reverse up, you usually enter a Trading Range. So I think Bitcoin is going to be sideways for at least another month or two. Do we get back up here? Do we go up to a million, up to two million, like some people are saying? I don\u2019t know.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin&#8217;s structural problem<\/h2>\n\n\n\n<p>My fundamental problem with Bitcoin \u2013 I\u2019ve mentioned this before \u2013 is\nthe structure of it. It cannot be used for cash transaction. Realistically, it\ncannot compete with credit cards because the way the math works with Bitcoin,\nthey can only do about 7 transactions a second. So if you have billions of\npeople around the world using Bitcoin, a lot of seconds during the day, there\nprobably will be more than 7 people making a transaction. There will probably\nbe thousands of transactions. MasterCard, Visa, they can handle that. Bitcoin\ncannot.<\/p>\n\n\n\n<p>So Bitcoin has a structural problem that \u2013 I don\u2019t think there\u2019s any\nsolution to it, and if you fix it, then it\u2019s no longer Bitcoin. It\u2019s something\nelse. So I think that is a big, big problem for Bitcoin, and that means it\u2019s\nnot really going to be used as digital currency.<\/p>\n\n\n\n<p>If it\u2019s not digital currency, then what is it? Then it\u2019s a store of\nvalue \u2013 basically, a gold replacement. Gold has the advantage of having a\nsecond reason to own it, and that\u2019s that it\u2019s pretty. People like to own things\nthat are gold. Bitcoin doesn\u2019t have that. I\u2019m not confident of Bitcoin\u2019s\nfuture.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin analysis<\/h2>\n\n\n\n<p>You can argue Wedge bull flag, one,\ntwo, three, testing that low. It looks like an Expanding\nTriangle \u2013 one, two, three. This is the daily chart. But I\u2019m currently\nflat. To me, it looks like we\u2019re probably going to bounce here, and we\u2019re\nprobably going to be in a range between today\u2019s low and 10,000, maybe for the\nnext month or two or three.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">More on Jamie and Warren<\/h2>\n\n\n\n<p>But I\u2019m not as hostile toward Bitcoin as some people like Jamie Dimon\nand Warren Buffett are. It\u2019s actually fairly surprising to me how angry they\nare at Bitcoin, how condescending they are. I can understand Jamie Dimon\nwanting it to go away, because he\u2019s a banker, and he deals with dollars,\ncurrencies. He doesn\u2019t want everybody to take their dollars and put them into\nsomething else, like Bitcoin. He\u2019s going to do whatever he can to make Bitcoin\ngo away.<\/p>\n\n\n\n<p>But Warren Buffett \u2013 I understand Warren Buffett\u2019s argument. He prides\nhimself in being simple and real. He wants to buy things that you can easily\nsee and relate to, so he\u2019ll buy See\u2019s Candy or Geico insurance or Fruit of the\nLoom underwear or a whole bunch of small furniture stories around the country\nor a lot of Apple stock. So he buys things that you can see and touch and feel\nand like. He does not buy intangibles, especially things that you cannot\ndescribe in one sentence. Bitcoin, try describing it in one sentence and have\nsomebody understand what you\u2019re talking about. It\u2019s not going to happen.<\/p>\n\n\n\n<p>So anyway, I think Bitcoin has some fundamental problems, and I don\u2019t\nbelieve that \u2013 I don\u2019t think it has a great future. It may be around forever,\nand it may become a digital gold or a repository or money, especially since it\nseems like it\u2019s a pretty good setup for criminals. So I think they\u2019ll want to\nkeep it around.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Concluding comments<\/h2>\n\n\n\n<p>But it doesn\u2019t make sense that it\u2019s going to be <em>the<\/em> digital currency. The people who are doing it are not the\npowerful people on Wall Street. If there\u2019s going to be a digital currency, it\u2019s\nnot going to come from Bitcoin. It\u2019s going to come from Apple or Amazon or\nGoogle \u2013 in other words, Silicon Valley. Or it\u2019s going to come from New York\nCity. JPMorgan or Morgan Stanley or Goldman Sachs or something like that, from\nthe banks, or from the tech sector.\n\n\n\nIt\u2019s\nnot going to be this thing that kind of appears out of nowhere, nobody knows\nwho created it, and it\u2019s not transactional. I don\u2019t see that Bitcoin has a\nfuture other than fun to talk about, fun to speculate. At this point, at least,\nI don\u2019t see how it\u2019ll be widely accepted, and I don\u2019t see how it will attract a\nlot of dollars. But I could be wrong.\n\n\n\n<\/p>\n\n\n\n<p><em>Al Brooks<\/em><\/p>\n\n\n\n<p><a href=\"https:\/\/www.brookstradingcourse.com\/online-day-trading-room\/\">Information on Al&#8217;s Online day trading room<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin analysis for Monday June 24 and Friday November 22, 2019 Video duration: 15min 26sec. Apologies for low quality audio. Monday June 24, 2019: A question on Bitcoin. Part 1 duration: 10min Bitcoin, if you\u2019ve been paying any attention to it, has been doing great. This is the Bitcoin Index. I threw up the weekly [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":95369,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[159],"tags":[223,224,225],"class_list":{"0":"post-95281","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ask-al","8":"tag-bitcoin","9":"tag-jamie-dimon","10":"tag-warren-buffett","11":"entry","12":"override"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/191122-Bitcoin-Daily-Chart.png","author_info":{"display_name":"BTC Admin","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/richardhk\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/95281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=95281"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/95281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/95369"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=95281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=95281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=95281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}