@@unsponsoredunboxing1142 no. If you look at the gold chart, you would see it will probably take off after the crypto bull run. Silver is finishing a pattern as well and will take off too. It's not about fomo in the market as it is inflation and people moving to more stable assets. That being said i sold my gold and am putting it into eth at the right time and other alts like dot avax sol and Luna. There will be a pullback soon and when the dip comes I'm buying more crypto. After the bull run its going back into metals.
What I learned from this is that at $100k, Bitcoin will flip Amazon. "Bitcoin breaks six-figures, eclipses Amazon" Now _that_ is a FOMO inducing headline.
Either, Or. I hold Gold and Silver as well as a basket of Crypto. If the shit does hit the fan i'm almost positive my local farmer will take some hard assets over a fraction of a bitcoin. But that's if the SHTF?
2:30 so finally we know the threshold Ben considers to be "not so modest" - $11.6 Trillion. The door behind ben is open to all possibilities, including BTC flipping Gold!
@benjamin Cowen, it would be nice that you scale your presentations so your webcam feed isn't blocking the presentation :) The top right corner seems like a safer spot :) Thx for the great content
Very valid point sir. People keep talking about flippening's, as though the currently larger market cap is going to stop moving while the competitor's are playing catch up.
Most of us already know this. It would be more helpful and educational to let us know what you do, because you actually trade crypto, and not just invest and hold.
in order for btc to flip market cap of gold, dont we need atleast some national reserves hold btc instead of gold? I mean gold is still being held by national reserve banks/ countries right?
Hi @benjamin cowen, Is it possible for you to create a podcast version of your videos? I am usually 1h+ driving everyday and it would be quite practical for me to listen to the podcast. (I know I will lose graphic visualization)
Consider gold was $1855 per oz.....in 2011. On top of that, it took almost 9 years to get back to that same all time high and is still lower than that price now. Also consider that $1855 in 2011 would be equal to roughly $2204 today and that gold has never hit that price. Honestly, I believe as the market cap for BTC continues to rise, the price of gold will at best stay flat and potentially drop due to lack of demand outside of its electrical and jewelry uses. So by the time BTC passes gold, the market cap on both will likely be less than the 11.6T it is now for gold.
Benjamin. What if we are near the top of the market? Are we in Altseason. As we have gone up a lot over 3 weeks? Just wandering if I should sell 50% of acct. 🤔 BTC seems to be struggling. Or as per chart 📊 you produced Logarythmic regression we are over mid way BTC and we have a 40% way to go? Thanks for your great work. One of the few channels on a serious mathematical supply evaluation.
If institutional gold investors start to switch a portion of their gold holdings into Bitcoin then it will cause a dip in gold. Once that happens the floodgates open and major transfer will start.
The only way BTC will flip gold this market cycle is if most major institutions take out their money from gold and put it into BTC (which is more like BTC increasing and gold crashing). Even then, the likelihood of that happening in the next year is not particularly likely. As Ben says, leave something for next market cycle lol.
Love the content Ben, you give one of the most level headed views in the cryptoverse…. Thanks for all the free knowledge brother, many blessings to you and your family.
Only way that BTC ever flips Gold this cycle is if there's a huge exodus from tradfi that pours into BTC with a huge drawdown in Gold market cap - but even that is not going to happen this cycle (most likely) edit: those are some bullish forecasts for Gold prices in the next few years - Peter Schiff collab coming soon?
If more institutions start selling their gold to buy bitcoin we'll flip gold before 600k. That would bring the market cap of gold down as the market cap of bitcoin goes up. They would meet earlier than at a 611k usd bitcoin
thanks for the great content as always. Would you mind sharing the tool that was used to calculate the price given different market caps? Of course it can be done manually but hopefully there is a site that can make our lfe easier. appreciate it
Time isn't really on Bitcoin's side. Bitcoin has lost its core values more and more since Finney died and is overaged in general. Much better options are out there for years already. The mass is always behind. They just have to realize the more modern version first.
When people begin to get very enthusiastic and euphoric and believe that Bitcoin could go to crazy numbers we know that we are near the end of the bull run.
a dubious exercise indeed
You're getting more blue every video. What do we make of that
mate where are the background chairs??
Now make one about Ethereum!
Please never mention market cap in crypto ever again.
Chainlink ?
Had me laughing on your gold commentary.
Was I sensing some sarcasm when he was talking about GLD price not staying constant ? 🤣
"Something insaaaane like that"
Omg that shit was so funny
Me too haha
@@unsponsoredunboxing1142 no. If you look at the gold chart, you would see it will probably take off after the crypto bull run. Silver is finishing a pattern as well and will take off too. It's not about fomo in the market as it is inflation and people moving to more stable assets. That being said i sold my gold and am putting it into eth at the right time and other alts like dot avax sol and Luna. There will be a pullback soon and when the dip comes I'm buying more crypto. After the bull run its going back into metals.
Your sarcasm about the price of gold over time is savage af lmao
i know! ben's peter schiff baiting on twitter is also very funny
What I learned from this is that at $100k, Bitcoin will flip Amazon.
"Bitcoin breaks six-figures, eclipses Amazon"
Now _that_ is a FOMO inducing headline.
that would be amazing ngl lol
Exactly.
@@stephenpack2202 said no one ever
The only thing not bleeding against Ethereum is Ben’s content!
ETH gonna flip next cycle
Because Ben keeps his competition short with his haircuts.
"Maybe in 5 years the price of gold could be $1826 instead of $1824."
The subtlety.
Ben just roasted the whole gold hodlers LOL
"Gold was up 0.4% on the day. some gold holders are in fact geting out of bed for that....in 5 years gold could move form $1824 to 1826" lmao
A truly mind blowing move lol
“Something insane like that” lmaooooooooo
Either, Or. I hold Gold and Silver as well as a basket of Crypto. If the shit does hit the fan i'm almost positive my local farmer will take some hard assets over a fraction of a bitcoin. But that's if the SHTF?
😂 it was actually 0.04%
or it could just crash 50% then run flat for the next 2 decades
'0.04% gold holders will get out of bed for that' I'm fucking dying Ben lmao
No chairs and we set a new ATH. Starting to think Ben kept the chairs to suppress the price so he could DCA longer.
2:30 so finally we know the threshold Ben considers to be "not so modest" - $11.6 Trillion. The door behind ben is open to all possibilities, including BTC flipping Gold!
If Ben had the market cap of a dollar general, probably could get some chairs and desk
chairs got liquidated to buy the dip.
Maybe. If he didn’t spend all his gains on haircuts.
But what would be the opportunity cost if he would do that :)
furniture bleeds against eth tho :/
Ben traded some hair for a higher Bitcoin price. Well done, sir. We appreciate you.
Ben's dry jokes are fukin savage!
The lighting is superb, Ben must have taken some profits
no profits taken ser
Haha good man!
@benjamin Cowen, it would be nice that you scale your presentations so your webcam feed isn't blocking the presentation :) The top right corner seems like a safer spot :) Thx for the great content
The man is so confident about the content he puts out that he just doesn’t give a shit about the audio quality 🤟
I love the shade Ben throws at gold holders
Congrats on 600K subscribers Ben! 👍
We are all so lucky to be around during the early days of bitcoin - the best monetary instrument and network in the history of humanity.
Very valid point sir. People keep talking about flippening's, as though the currently larger market cap is going to stop moving while the competitor's are playing catch up.
Most of us already know this. It would be more helpful and educational to let us know what you do, because you actually trade crypto, and not just invest and hold.
in order for btc to flip market cap of gold, dont we need atleast some national reserves hold btc instead of gold? I mean gold is still being held by national reserve banks/ countries right?
Hi what do you think about KAVA
which stock doesnt bleed against ethereum?
If gold traders jump into the cryptoverse, they’ll get out of bed every 10 minutes.
Can you even be a gold trader?? you gotta use 100000x leverage 🤣
600k sub!! Congrats Sir Ben👍
Your sarcasm of the price of gold made me laugh in this video. Also, the background looks much cleaner now. Thanks :)
What’s a few digs at gold holders among friends?
All your videos are very Educational and you learn from it.
I wish I found you earlier but I'm Glad I did. 😊
Hi @benjamin cowen,
Is it possible for you to create a podcast version of your videos? I am usually 1h+ driving everyday and it would be quite practical for me to listen to the podcast. (I know I will lose graphic visualization)
Love the short and quick but in depth videos.
Consider gold was $1855 per oz.....in 2011. On top of that, it took almost 9 years to get back to that same all time high and is still lower than that price now. Also consider that $1855 in 2011 would be equal to roughly $2204 today and that gold has never hit that price. Honestly, I believe as the market cap for BTC continues to rise, the price of gold will at best stay flat and potentially drop due to lack of demand outside of its electrical and jewelry uses. So by the time BTC passes gold, the market cap on both will likely be less than the 11.6T it is now for gold.
Benjamin. What if we are near the top of the market? Are we in Altseason. As we have gone up a lot over 3 weeks? Just wandering if I should sell 50% of acct. 🤔 BTC seems to be struggling. Or as per chart 📊 you produced Logarythmic regression we are over mid way BTC and we have a 40% way to go? Thanks for your great work. One of the few channels on a serious mathematical supply evaluation.
But Peter Schiff said...
Can you do a SOL price vid?
Nice space shuttle print!
What should i put my btc sell price at?? :(
When is the next market cycle? one year after the next halving?
im curious to see one for ethereum considering it can get pretty high up there maybe even over 1.5t
Another thing to keep in mind is inflation of the USD. that 613k valuation could easily be $1M+ in 5 years.
You've got a nice little brand cookin' up here
In five years, gold could go from $1,824 to $1,826. Haha!
Ben talked about Gold and the price went up a few %. Amazing!
Sold the chairs and table...bought some art and got a haircut. Does that picture look like a rocket ship?
If institutional gold investors start to switch a portion of their gold holdings into Bitcoin then it will cause a dip in gold. Once that happens the floodgates open and major transfer will start.
A modest, dubious and very interesting speculation. Great as always.
Congratulations on your 600k subscribers!
Our Lord Benjamin Cowen, master of the crypto verse, we are in your service
The only way BTC will flip gold this market cycle is if most major institutions take out their money from gold and put it into BTC (which is more like BTC increasing and gold crashing). Even then, the likelihood of that happening in the next year is not particularly likely. As Ben says, leave something for next market cycle lol.
Always enjoy a dubious exercise. Thanks Ben!
I love love love how you said "Some gold holders are getting out of bed for that" LOL.
That was probably a nice video. I'm far too distracted by the artwork that showed up behind Ben.
Me too!
Whoaaa new pic in the back? That’s bullish
is it? maybe he took profits :O
Love your work Ben! Excellent job!
Love your videos. Thanks for doing what you do.
An $1826 would seriously be Armageddon
Gold hodlers hard rn with ben’s long term price predictions
2nd place for BTC is very achievable for this cycle top. I'd love to see BTC takes over those big tech for as long as possible.
Love the content Ben, you give one of the most level headed views in the cryptoverse…. Thanks for all the free knowledge brother, many blessings to you and your family.
REAL ORIGINAL CONTENT WHAT IM HERE FOR
Back into the Cryptoverse!
Only way that BTC ever flips Gold this cycle is if there's a huge exodus from tradfi that pours into BTC with a huge drawdown in Gold market cap - but even that is not going to happen this cycle (most likely)
edit: those are some bullish forecasts for Gold prices in the next few years - Peter Schiff collab coming soon?
If more institutions start selling their gold to buy bitcoin we'll flip gold before 600k.
That would bring the market cap of gold down as the market cap of bitcoin goes up. They would meet earlier than at a 611k usd bitcoin
Wondering how much this gold market cap could go down and also wondering how much of it is paper vs actual gold. Imagine if there was a public ledger.
Ben has a picture of a rocket in the back, guess we’re ready for takeoff 🚀
Ben hung a picture!
It really brings the room together, don't you think?
Even gold mcap is rising but its price is still steady....
thanks for the great content as always. Would you mind sharing the tool that was used to calculate the price given different market caps? Of course it can be done manually but hopefully there is a site that can make our lfe easier. appreciate it
Bold prediction on gold! $2 increase
After flipping gold: I wonder what flipping the world fiat currency market cap would feel like...
What about ETH at their valuations now that's interesting
I would expect Gold holders to shift to Bitcoin. Always go with the winner.
Perhaps bitcoin flips the publicly traded stocks in part because they crash down, but doesn't flip silver because it goes up sharply.
will btc will reach gold market cap ? no one know. but market cap of apple or Microsoft for sure in the next 5_10 years
The only reason gold is so high is because of inflation, another trillion dollar stimulus and hash rate cut will bring BTC to 1 million
New Haircut !!! Nice & Fresh
Love the Gold pun 🤣
No public company should have a market cap larger than Bitcoin or Ethereum. Makes no sense. These are stand alone assets of their own.
599k subs! Almost there, Ben!!
Time isn't really on Bitcoin's side. Bitcoin has lost its core values more and more since Finney died and is overaged in general. Much better options are out there for years already. The mass is always behind. They just have to realize the more modern version first.
1830 USD Gold would be totally insane!!
Great video Ben, really liked it. The
Spliff had nothing to do with it.
If 1/3 of gold hodlers sold their gold and bought Bitcoin, gold would be flipped easily.
Ben roasting Gold is what I came to watch!!
The new artwork made my day🚀🎉
One of your funnier ones, had me rolling for a minute. 😂
Congrats on 600k Ben!
Bitcoin will eventually flip gold not because it went up, but because gold went down. Money flowing into Bitcoin.
5:53 - "Gold was up 0.4% for the day and Gold holders were in fact getting out of bed for that" 😂😂😂😂😂
Gold valuation 1824 to 1826... holy shit... gold is going up... I'm going all in...
When people begin to get very enthusiastic and euphoric and believe that Bitcoin could go to crazy numbers we know that we are near the end of the bull run.
your 5 year gold prediction is pure gold :)
Please make a similar video for this cycle 2024-28
Can you do a ADA review? It seems to have awoke lol!
Congratulations 600k !
Ben never disappoints, no BS just facts ....oh yeah and the house drawing is the cherry on the top :) NFT ....one day .....
Ben:"Bitcoin will conquer the world"
I am All in.
Gold : Goes 0.04% up
Gold holders : I gotta get outta this bed right freaking now.
Congratulation on 600k subs!
These are great videos Ben. What if..