This is the same guy who said stay away from Palantir at 8 dollars, shorted Nvidia and said don’t buy Tesla at 150. 😂🤦🏾♂️ He’s Jim Cramer 2.0. Do the opposite of anything he says. He’s using outdated financial models to evaluate businesses and assets that have never existed. Sure way to lose!
I read it. I bought a lot of it too. But the truth is, it doesn’t say anything out of this world and many things are not clear. The again, it is just a white paperwork that anyone one can write. just like most coins including the trash ones, have. This is just my opinion. I’m no expert.
Have you seen his intel analysis years ago? I was telling this moron that his understanding in chip business is not going to be better than any hobo on the street just because he read some numbers on the balance sheet. Forgot what the he said, but man was this idiot wrong lol
I have to admit that I clicked on this video expecting to get a well thought out presentation as to why one should stay away from BTC. After listening to his reasonings/explanations for why BTC is a scam, I have become more convinced that BTC is exactly the opposite of what he is saying.
Indeed, more and more debt. The more debt people have, the harder they have to work to pay the debt. And that is exactly what the 1% elite want, keep you poor so you have to work hard and they become richer faster. 1% elite have more money and property, than all other 99% all toghether worldwide. That is called the biggest scam in history :)
@@hansfranz7772 I cashed out my entire family, young black from the hood with nothing. Now after selling off 65% when it hit 102K I never have to work again. What are you people talking about lol. Your just mad you wont turn into 6 figure/millionaires like literally 10's of thousands of people did just the other day… including me.
@@MrTrigz Most of the world did not have the luxury of participating in tulip investments and it was limited to a small section of Europe. It was never endorsed or sanctioned by governments.
@sandelsson7 No currency used in the world today has intrinsic value. Why would a lack of it be thought a serious criticism? Assets like baseball cards and art do not have any intrinsic value either. So what?
Exactly, there is no intrinsic value to an open ledger that can't be minuplated and is censorship resistant because governments and banks do such a good job at accounting for the money they spend... So what are the government, military industrial complex and Wallstreet money launderers worried about? It's just a fad. 😂
@@CertainUncertainty what backward school you learn economics from? Currency have no intrinsic value? Maybe the country that the currency belongs to is itself intrinsic? Baseball cards intrinsic value is the card that cannot be reproduced?
I say the same shit all the time lol, if we’re pointing fingers about currency being use for crime I think USD has BTC beat by couple years, just a couple 😂
Cash is used by criminals, but digital currency was conceived to empower criminals. Digital currency exists to enable financial transactions not approved by a government or centralized authority, aka, criminal activity. So, while criminals have found ways of conducting criminal activity with dollars, digital currency actually is designed for it.
Exact same thing they said when ppl were digging up gold rocks 5,000 years ago. “It’s a gold F’n rock - it has no value unless someone else wants a gold F’n rock”
It’s a critical component of electronics. It’s a critical component in aerospace. It’s a scarce resource that has alternative uses i.e. gold. As the world becomes increasingly dependent on electronic technology gold will become more valuable. Valuable in terms of uses not solely being able to get more dollars for it later.
@@SpielbaerLPwait so when you split stocks u get more shares of a company????? maybe that's how Jesus fed the masses he divided loaves of bread into whole loaves..... maybe if I split a pizza I can fed myself forever
@@MrTrigz You are talking about assets that have a value behind them. BTC has no value to back it up which is the problem. So you can easily turn it into an inflationary asset just by dividing it. In fact, you have to do that at some point otherwise it can't work as a currency in an inflationary economy.
Paul, respectably you are missing it. All new technologies have their initial problems or bugs that need to be worked out over time. The block-chain technology is here to stay. The dollar is only valuable as long as people believe it has value, and remember the dollar is backed by nothing more than the faith and promise of the U.S. government which in my humble opinion does not hold much credibility.
The US government directs the strongest army in the world; it might not have a lot of credibility to you as a sophisticated, demanding citizen, but credibility as in raw power it has in abundance, make no mistake.
Your comment reeks of ignorance. You clearly don’t understand the underlying technology. I do, being a programmer. Block chains are cool, and have limited uses. Its value as a currency or asset is limited. It always will be. It has no intrinsic value. Block chain is an edge-case tech that will never be mainstream. There are too many limitations.
As long as we are the least messed up country on the planet and keep the top economy then the dollar has value because ever else is more screwed then we are
A wise individual understands that accumulating wealth necessitates prudent investments and informed guidance in the financial market, particularly during a stock market crash. While the stock market presents opportunities for maximizing profits, successfully navigating it requires skill and expertise.
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
Having an investment advisor is the best way to go about the stock market right now. I used to depend on UA-cam videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
Stacy Lynn Staples has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration..
@@sportsnutlomeli5253 This is absurd. BTC is a grass root value. Billionaires are no different to anyone else. How long do you think will they wait before they destroy BTC with their potential? And why did they not do it when it was way easier?
Warren buffet has been in the game for a very long time. Which means old dogs don't learn new tricks. If you want to get ahead in life, you have to live in today. instead of following a old guy almost in the grave.
he prolly did, and the moron says he got thousands of rental properties yet he is not on a billionaire list. Maybe he owns thousands of huts in Africa that generate 100 bucks a month in total?
Unless you took your dollar back 100 years ago and bought a share of stock in a US Large Cap Growth fund. Then your US dollar would be worth a fortune, even surviving the Depression and a handful of recessions. I saw somewhere that that one dollar investment would be worth over $145,000 today. But adjusted for inflation, it would have the buying power of around $3,000,000. Pretty good for a simple US piece of paper.
The scam involved promoting Intel, Alibaba, Nike, Starbucks, and similar companies as great picks. Ironically, doing the exact opposite of what this channel preached would have yielded exceptional results.
I mean, that doesn't mean the advice was bad. The current batch of stocks going down and going up makes the least amount of sense it's every (not) made. It almost makes sense to be stupid in this market. Invest based on the crappiest stock making the least amount of money is the best strategy right now, while losing money on solid companies raking in cash.
Paul, you're wrong :) These are arguments that have been refuted. Gold doesn't create very much either - and it's been a massive market for thousands of years. Tulips is not a good parallel - because btc recovers after each "bubble" - but none of those other things have done so. Look at it as it is, not as your pattern-recognition is mistaking it: bitcion recovers over and over, and then goes higher. That's not a speculative bubble. It's an adoption curve.
well in fact BTC in a 3rd world country like El Salvador is helping every, yes Every person in that country out of a big hole they were all in. Plus they can buy anything in El Salvador and everything every day gets cheaper to buy, Unlike USA Europe Australia, New Zealand France China etc etc. I just wish to god that one day my boss calls a meeting asking who would like to get paid weekly in BTC. MY hand would shoot up before the words finished.
I'm not a BIG fan of Paul, but... the NVDA bubble hasn't popped... YET. I do weekly Put options on NVDL and monitor NVDA closely. NVDA is waaay over priced, IMAO. Same goes for TSLA. Good luck to you, bruh...
there have been many asset bubbles, if they didn't pop yet it doesn't mean the person was wrong. Housing is in a bubble now, for example, and isn't "popping" because sales volumes are so low that it keeps up the illusion that prices are still high
@@howiescott5865 The scary part is that there are bigger bubbles since the Trump pump. For example, Blackstone. A stock I swing trade. Thing has been close to a PE of 70. Trading at ridiculous levels on the premise - that the CEO believes - that we're at the beginning of a huge bull run. So after a 15 year bull run with no real recession except a tiny one (covid) that we printed our way out of and didn't impact blackstone (yet), they are talking like we just had a massive recession which means we now have exponential growth. Somehow.....the delusion is so strong with some stocks/CEOs like this that it feels like a bad parody.
I have been trying to grow my savings and i wonder which is better the stock market or index, i keep seeing a lot of good news about the stock market but i am not familiar with the strategy. Any recommendation will be highly appreciated
The stock market is likely the best smart investment. However, if you are thinking of investing in the stock market and you are not well versed, its advisable to work with a financial advisor who is an expert to guide you through the process. this way you could make more profit with less risk
I agree. I've been working with a financial advisor since 2020, and I return up to 32k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
My CFA, Laurel Ann Watkins, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
Micheal Saylor, Larry Fink, Donald Trump, Cathie Wood, Elon Musk, Mike Novogratz, Garry Kasparov, Max Keiser, Greg Foss, Jeff Booth, ... If you don't respect those, there's something wrong, dude, some of the most intelligent people the world has ever seen!!
Bam. Caitlin Long Mark Moss George Gammon, Luke Gromen, I could go on forever I wanna know this guy’s IQ against Saylor’s (24 year CEO billion dollar public company) OR Luke Gromen Credentials AND IQ those two win all day. I’ll be happy to compare education and IQ too and also NET WORTH I would love to debate this dude. His platform or mine. Mine is way bigger.
I think BTC is going to be the biggest rug in US history. When politicians want you to want something that they're invested in also,... that should be your signal to run for the door.
XAI401K 200X IN 10 YEARS - so likely another 200x in 10 years=$20 MILLION/XAI401K!!! So getting 1/10 XAI401K $10k today might turn into $2M in 10 years - if one can hold through all the volatility.
Should have said: "the US dollar has no intrinsic value" and "we're pulling back the curtain on the US dollar." All investments are speculative. You're speculating about the future earnings and paying a multiple of the recent earnings for that speculative future.
Except that the USD has no intrinsic value is a lie. It has the full power of the US government. And that investment is speculative is irrelevant to the topic.
..and some chap named Larry Fink & Michael Saylor & Tim Cook & Michael Dell. This guy thinks he’s got it right & they have it wrong. No response from EM? Shocking
@@vladyslavnechaiev247Powell did great..... only thing he did wrong as far as his job was keeping interest rates too low too long under pressure from Trump and lying saying inflation was transitory...... he handled the rest well
BTC has never been an “investment”, it’s just an asset like gold. Paul knows well about the American market but is absolutely ignorant about the rest of the world (using 15 P/E to evaluate Chinese stocks shows that). Having an asset that is not at risk of being taken by a dictator or destroyed by a flood or robbed by a thief IS THE ONLY GOOD VIABLE OPTION for 80% of the world’s population to preserve some capital.
This time the government can make the same massive gains as the people, and thus because the government is made of people, we all win through our own self interest and greed.
I'M not surprised that some long term traditional investors think this way, Buffet is one. The old saying there is no reason to fear what you don't understand, maybe you would disagree that the financial system is broken, and worst nobody has any faith in it, but you do agree that something has to be done yes, if you have any ideas lets hear it.
@@clifflee01Intrinsic value is a property of something that is valuable in itself. Instrumental value is derived from a relationship to another intrinsically valuable thing. Something like oil has intrinsic value through its many uses in real things. The US dollar has Instrumental value through its relationship in oil trade.
This is good! Please spread the word! That means we are still early!! More people like this guy means more time to stack sats The fact that people don’t understand dollar debasement means we are still early as well!
@@EverythingMoney dude. Stop embarrassing yourself: Clueless clowns: Btc at $1: it will go to zero! Btc at $10: it will go to zero! Btc at $100: it will go to zero! Btc at $1000: it will go to zero! Btc at $10000: it will go to zero! Btc at $100000: it will go to zero! Btc at $1000000: it will go to zero! Btc at $10000000: it will go to zero!
PLTR earnings per share is $0.20 compared to a loss of -$0.18 in 2022. Year over year revenue growth are 24.5%. Stock price is trading at under 39x book value. PLTR at $70+ is a good buy and if revenues continue to grow, I think stock price can reach $300+, unfortunately they do not pay dividends which if they did would be an even strong buy.
I’m one of the few commenters that pretty much agreed with this take. I have researched it and it very well may go up but only if people keep buying. Who knows if they truly will.
Palantir is the most overhyped overpriced stock of a generation. Hyping up a stock based on a "corruption trade" doesn't make the stock better or the "it's a bubble" comment wrong
Its not a scam and its not a coin. you will never buy coffee with it. BTC as a layer 1 asset is the strongest store of your wealth in history. Like the most secure savings account ever designed. Whenever I need to buy something I will convert it back into fiat currency on a monthly basis.
He does this every Time that bitcoik gets all time high in values, more probability to fall, so he can say "i told you guys", but then bitcoins recovers and gets a new ATH and he doesn't say it, he should say that he said the same thing when butclin was $16k
I remember that video and commented on it at the time and they doubled down. They said it will never visit a new ATH and it's not quite there yet but it's not far off now.
Why can't Paul see that his argument about Bitcoin's lack of intrinsic value can be made about the US Dollar? The Federal Reserve conjures up more dollars any time they feel like it.
He sees it and he addressed it, that's why we got inflation. But as long as it's the legal tender of the US, it will have some value. But of course you should invest your dollars in companies the world needs, not simply sit on them.
There will always be those who are missing out on BTC "digital gold" saying that the asset is spec and the "switch" can just get shut off, but have no real understanding of the asset
There are two ways to get rich... taking chances and not taking chances. The latter is the longer but surer way. I guess it comes down to your personality type.
Little DOGE once known as "do only good everyday" is now becoming a company in, "Department of Government Efficiency", who would have ever though that?
Depends on your finances . 1000$ in XAI401K is 4000 XAI401K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
@@Sunil-he8xm Only a small part of it. Most is just used as store of value. It is true that the price of everything depends on what people are willing to pay for it.
Yes it's good to have companies that make profits. But money doesn't have value intrinsically. The dollar doesn't. It's backed by what the govt is worth. BTC is backed by what the network is worth.
You failed to mention if you put a written check in the mailbox, it can be stolen and the scammer can put the money into their bank by just having reversible ink. There’s all kinds of scams out there. Paul is the evolution of money and you forgot to mention the stable coins.
@@wisdoma4860 stocks follow exactly the same principle .. I think that is what he is really worried aboutt The real video he should have made is how people can just invest money by going to brokers directly meaning the game where everyone plays the game the same way has become much more erratic. Ok ... the line has gotten through the resistance .. and since everyone did the same course ... everyone now is buying. That is the real scam. Trading is a rules based game and the better you know the rules, the better you will do trading.
Bit coin is a speculative play, but I think there is something to learn. The coin has cycles. Those that want to speculate on it have to understand its cycles.
@@LeviLesinProductions The dude who made this video literally mentioned this and said it's fine to trade. You guys don't even watch the video and just come and leave comments on what you think he said
Respect to Paul for sticking with his opinion on BTC, despite it being unpopular to many right now! I love if people represent their views consequently and don't just follow the hype 💪
I respect your opinion but there’s still money to be made. I see it as a short term investment. Cryptocurrency has a future, just not in its current form.
I only clicked on this video just to see him get roasted in the comments. 😂
He is well done by now 😂
Same here, lol. Same old nonsense objections.
Burnt to a crisp 💀
Me too
Me too. But he has now convinced me. BTC has no intrinsic value. It’s completely speculative.
NO ONE TALKS ABOUT THE SCAM CALLED FIAT
Exactly
@mattmorris9795 you took the word right out of my mouth👍
Bitcoiners talk about it
Dollar is backed by the strongest economy and importer on the planet. That economy and importer is backed by the greatest military.
@ being backed up doesn’t do anything to protect purchasing power over time
Thank you for making this video. Shows we’re still way early in adoption and reason to be bullish. 😂
@@jameskwon2323 Your comment shows we are in a bubble
Thought the same thing…
🤣
hahah too right man
Yep. Time to short. Thanks James 🙏
This is the same guy who said stay away from Palantir at 8 dollars, shorted Nvidia and said don’t buy Tesla at 150. 😂🤦🏾♂️ He’s Jim Cramer 2.0. Do the opposite of anything he says. He’s using outdated financial models to evaluate businesses and assets that have never existed. Sure way to lose!
Jim Cramer 2.0 😂😂😂 (never heard that one). Freakin’ awesome
you are brown, who cares what you say lol
He is like Gareth Soloway
He underplayed AMZN over and over again.
@@loy-yal5457 Please semd this comment to his BlueSky.... He seems like the type to leave Twitter.🤷🏻♂️
15 years have passed and you can't even take the time to read the 9 page whitepaper. Classic.
I read it. I bought a lot of it too. But the truth is, it doesn’t say anything out of this world and many things are not clear. The again, it is just a white paperwork that anyone one can write. just like most coins including the trash ones, have. This is just my opinion. I’m no expert.
@@eliseocarrillojr Anyone could have written it. Sure. 😂 Not being humbled by it is your first mistake.
Even if 150 years passs, gullible and idiots like you will NEVER realize that it is a PONZI scheme!
Even if 150 years pass, gullible and idiots like you will NEVER realize that it is a PONZI scheme!
The white paper is what will drive people away from it, today it’s totally different from what BTC was intended to be. Lmao
Lost count how many times this channel is wrong.
We need more of this vlogs content, lots of people are waiting for a DIP in price.
Have you seen his intel analysis years ago? I was telling this moron that his understanding in chip business is not going to be better than any hobo on the street just because he read some numbers on the balance sheet. Forgot what the he said, but man was this idiot wrong lol
Nike is booming.
don't lose your mind when bitoin bubble bursts
@@Uroki_ANGLIYSKOGO_s_Nulya_ you posted the same comment somewhere on the internet in 2021 didn't you
This is same guy that picked Intel over AMD and NVIDIA 😂😂😂
That was an epic fail on a gigantic scale
Yeap same guy 😂😂😂
Also the same guy who picked Meta at the lows so take that for what its worth ^^
@@SpielbaerLP sooo he got one right...lol
@@flow2tech You do not have to get them all right to make money.
This video will definitely not age well
There’s nothing to age, dumb from the get go
I have to admit that I clicked on this video expecting to get a well thought out presentation as to why one should stay away from BTC. After listening to his reasonings/explanations for why BTC is a scam, I have become more convinced that BTC is exactly the opposite of what he is saying.
*HACKERVIPER50* *is a true legend, continues to persevere despite exhaustion. His works are truly outstanding.*
*HACKERVIPER50* *is a true legend, continues to persevere despite exhaustion. His works are truly outstanding.*
*HACKERVIPER50* *is a true legend, continues to persevere despite exhaustion. His works are truly outstanding.*
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
The sad part is that people that can’t think for themselves listen to this guy and miss out
💯
Very true. I made this mistake with NVDA and never listened to this idiot again. Possibly the most toxic self proclaimed guru on the internet
Let them miss out please, those guys are the very reason why this is still early...
Let's talk about those ones who will lose a lot of money because they starting buying at 100K. Let's see what happens when its value is 20K again.
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
Isn’t printing billions of dollars a scam? Buy, invest and speculate on whatever works for you
@@deba5769 u nailed it..That is the right thought process..Not the EM software..😆
Billions? You mean trillions?
Yes, and out of thin air. Just like that ...these clowns can't see what is wrong with fiat system unfortunately.
Indeed, more and more debt. The more debt people have, the harder they have to work to pay the debt. And that is exactly what the 1% elite want, keep you poor so you have to work hard and they become richer faster. 1% elite have more money and property, than all other 99% all toghether worldwide. That is called the biggest scam in history :)
Two things can be a scam at the same time. One scam is more risky though… BTC
Do your homework, this is a third grade assessment of the hardest asset on the planet
No YOU do your homework! It's a PONZI sceme, [ure and simple.
The greater fool theory. You know it's a ponzi system right?
No ! Do you you your homework ! He is absolutely right and we will laugh later !
@@hansfranz7772 Have you've been laughing for the last 15 years straight? wholly molly should we send help?
@@hansfranz7772 I cashed out my entire family, young black from the hood with nothing. Now after selling off 65% when it hit 102K I never have to work again. What are you people talking about lol. Your just mad you wont turn into 6 figure/millionaires like literally 10's of thousands of people did just the other day… including me.
Dollar is the real scam
this!
Dollars have worked well for two centuries, but feel free to send me all those dollars you don't want.
@@Pooua don't worry, the government will just print more for you
If so, then send me all hour CASH. I will take it.
If that’s true why is bitcoin’s value measured in dollars?
This channel has no intrinsic value.
🎯
Actually with 200k subscribers his channel is generating cash flow.
actually you have none
If btc is a scam. Then I guess I got scammed into retirement after only 4 years of investing lol. I wish I got "scammed" earlier.
in scams some people make money that is the point of a scam but then the majority of people end up losing money
@@galeru you retired?
😂😂😂
@@jjuanmarinhow long did tulips last?
@@MrTrigz Most of the world did not have the luxury of participating in tulip investments and it was limited to a small section of Europe. It was never endorsed or sanctioned by governments.
Only took 53 seconds to find out this guy doesn't understand money/currency.
How so?
I lasted to 6 minutes....I was a fool :)
@sandelsson7 No currency used in the world today has intrinsic value. Why would a lack of it be thought a serious criticism? Assets like baseball cards and art do not have any intrinsic value either. So what?
Exactly, there is no intrinsic value to an open ledger that can't be minuplated and is censorship resistant because governments and banks do such a good job at accounting for the money they spend... So what are the government, military industrial complex and Wallstreet money launderers worried about? It's just a fad. 😂
@@CertainUncertainty what backward school you learn economics from? Currency have no intrinsic value? Maybe the country that the currency belongs to is itself intrinsic? Baseball cards intrinsic value is the card that cannot be reproduced?
Cash is also used by criminals.
USD is the most used for criminal activity
Hitler also used cash.
I say the same shit all the time lol, if we’re pointing fingers about currency being use for crime I think USD has BTC beat by couple years, just a couple 😂
Main form to transact with.
Cash is used by criminals, but digital currency was conceived to empower criminals. Digital currency exists to enable financial transactions not approved by a government or centralized authority, aka, criminal activity. So, while criminals have found ways of conducting criminal activity with dollars, digital currency actually is designed for it.
Exact same thing they said when ppl were digging up gold rocks 5,000 years ago. “It’s a gold F’n rock - it has no value unless someone else wants a gold F’n rock”
😂😂😂 “Oh wait we can smash the gold f’n rock into little pieces of jewelry”…. “Oh well in that case I’ll pay millions for it now” 😂😂😂😂😂
😂
It’s a critical component of electronics. It’s a critical component in aerospace. It’s a scarce resource that has alternative uses i.e. gold. As the world becomes increasingly dependent on electronic technology gold will become more valuable. Valuable in terms of uses not solely being able to get more dollars for it later.
“They’ll “change the code” to add more coins.”🤣 Saying this shows your high level of ignorance on this topic.
It’s like the earth flatters argument they are all like these
You can slice Bitcoins into infinitely smaller pieces though so in a way he is right.
@ 1 isn’t equal to 0.0000001! Just because you can factionalize it, doesn’t mean you increased the supply. 😂 Sorry that math is hard for you.
@@SpielbaerLPwait so when you split stocks u get more shares of a company????? maybe that's how Jesus fed the masses he divided loaves of bread into whole loaves.....
maybe if I split a pizza I can fed myself forever
@@MrTrigz You are talking about assets that have a value behind them. BTC has no value to back it up which is the problem. So you can easily turn it into an inflationary asset just by dividing it. In fact, you have to do that at some point otherwise it can't work as a currency in an inflationary economy.
Paul, respectably you are missing it. All new technologies have their initial problems or bugs that need to be worked out
over time. The block-chain technology is here to stay. The dollar is only valuable as long as people believe it has value, and
remember the dollar is backed by nothing more than the faith and promise of the U.S. government which in my
humble opinion does not hold much credibility.
The US government directs the strongest army in the world; it might not have a lot of credibility to you as a sophisticated, demanding citizen, but credibility as in raw power it has in abundance, make no mistake.
@@yabbagabb00 they couldn't take a Sat from me unless I volunteer it tho
Your comment reeks of ignorance. You clearly don’t understand the underlying technology. I do, being a programmer. Block chains are cool, and have limited uses. Its value as a currency or asset is limited. It always will be. It has no intrinsic value. Block chain is an edge-case tech that will never be mainstream. There are too many limitations.
the dollar only has value because we are forced to pay taxes with it.
@Nemi51500515 funny obama feels differently....... and one thing him putin trump Chuck Vance all agree on
US dollar has intrinsic value, it can be used as toilet paper and also used to light a fire.
Exactly
It's backed by our govt. Yes, that's getting difficult to believe in, but it still currently holds true.
As long as we are the least messed up country on the planet and keep the top economy then the dollar has value because ever else is more screwed then we are
Lol
@@jobuhayes8767 btc backed by citizens worldwide
A wise individual understands that accumulating wealth necessitates prudent investments and informed guidance in the financial market, particularly during a stock market crash. While the stock market presents opportunities for maximizing profits, successfully navigating it requires skill and expertise.
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
Having an investment advisor is the best way to go about the stock market right now. I used to depend on UA-cam videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
pls how can I reach this expert, I need someone to help me manage my portfolio
Stacy Lynn Staples has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration..
*HACKERVIPER50* *is a true legend, continues to persevere despite exhaustion. His works are truly outstanding.*
What you need to understand is BTC is NOT VALUED in dollars it is PRICED in dollars, there's a difference.
So, what is the value?
@@richanalytics33 You're about to find out
while they say its a Scam, let me keep buying my sats, and let them print money
Amen
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
This guy is the youngest boomer I’ve ever seen.
@@KevinOpar preach
...and the dumbest.
Don't blame boomers for him. He's his own fault.
This boomer has been hodling since 2019.
Burn
Well, BTC went from a fraction of a cent to $ 100,000 per coin. In 14 years. It must be as good as dead.
that's why it's a scam......... its scamming the u.s. plans to inflate us into oblivion
Because billionaires are pumping it you will get scammed if you think this is long term
@@sportsnutlomeli5253 This is absurd. BTC is a grass root value. Billionaires are no different to anyone else. How long do you think will they wait before they destroy BTC with their potential? And why did they not do it when it was way easier?
@@sportsnutlomeli5253 funny that BTC is a big pump and dump yet its been around for 15 years and is worth 100k
Imagine all node opperators being notified and BTC Changes over night? anything can happen...
I didn’t know anyone still thought this.
This guy is a buffet fan. Does he know that Berkshire owns MSTR bonds?
Obviously not!
@d "This guy is a buffet fan." Who doesn't like a buffet? My favorite is Chinese buffet.
Source?
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
Warren buffet has been in the game for a very long time. Which means old dogs don't learn new tricks. If you want to get ahead in life, you have to live in today. instead of following a old guy almost in the grave.
Finally someone with brain cells lol gonna say dinosaurs go extinct lol
also: why should a 25 year old with 2000 bucks in savings model his investment strategy after a 94 year old billionaire
Did you accidentally upload a video you recorded from 2016 😂
I was gonna say the same thing. He’s living in the last two cycles. He might as well also say “criminals use BTC.”
@@d_e_a_nhe did 😂
he prolly did, and the moron says he got thousands of rental properties yet he is not on a billionaire list. Maybe he owns thousands of huts in Africa that generate 100 bucks a month in total?
Exactly! 😂😂
Slap!
the us dollar has lost 99 percent of its value over the last 100 years 😂
I only stack cash for 3 months and then slam it ALL into MSTR BTC and TSLA
@@alistairmcindoe8112
No Pesos??
Unless you took your dollar back 100 years ago and bought a share of stock in a US Large Cap Growth fund. Then your US dollar would be worth a fortune, even surviving the Depression and a handful of recessions. I saw somewhere that that one dollar investment would be worth over $145,000 today. But adjusted for inflation, it would have the buying power of around $3,000,000. Pretty good for a simple US piece of paper.
@@robbrown4621 the piece of paper didn't provide the value, the forward earnings of the companies you exchanged that paper for did it.
Dude talks like he discovered something, they have been saying the same thing since 2010. See u at 1m.
Ah yes, Paul has cracked the scam after 15 years, global adoption, and $100K per coin 🤣🤣🤣
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
The scam involved promoting Intel, Alibaba, Nike, Starbucks, and similar companies as great picks. Ironically, doing the exact opposite of what this channel preached would have yielded exceptional results.
BABA will double in a few years.
@@andreaisonline To be fair ..I'm up on Baba ..But was buying at rock bottom ..I'll take it
This channel promoted WBA at $36-$40. Now it’s $8!!! They blame others made mistakes!!
@@mysandwichlifebaba and NIO the most undervalued
I mean, that doesn't mean the advice was bad. The current batch of stocks going down and going up makes the least amount of sense it's every (not) made. It almost makes sense to be stupid in this market. Invest based on the crappiest stock making the least amount of money is the best strategy right now, while losing money on solid companies raking in cash.
Paul, you're wrong :) These are arguments that have been refuted. Gold doesn't create very much either - and it's been a massive market for thousands of years. Tulips is not a good parallel - because btc recovers after each "bubble" - but none of those other things have done so. Look at it as it is, not as your pattern-recognition is mistaking it: bitcion recovers over and over, and then goes higher. That's not a speculative bubble. It's an adoption curve.
well in fact BTC in a 3rd world country like El Salvador is helping every, yes Every person in that country out of a big hole they were all in. Plus they can buy anything in El Salvador and everything every day gets cheaper to buy, Unlike USA Europe Australia, New Zealand France China etc etc. I just wish to god that one day my boss calls a meeting asking who would like to get paid weekly in BTC. MY hand would shoot up before the words finished.
Good luck with that!
Paul shorted NVDA at $550 and called it a bubble
I'm not a BIG fan of Paul, but... the NVDA bubble hasn't popped... YET. I do weekly Put options on NVDL and monitor NVDA closely. NVDA is waaay over priced, IMAO. Same goes for TSLA. Good luck to you, bruh...
there have been many asset bubbles, if they didn't pop yet it doesn't mean the person was wrong. Housing is in a bubble now, for example, and isn't "popping" because sales volumes are so low that it keeps up the illusion that prices are still high
@@howiescott5865 The scary part is that there are bigger bubbles since the Trump pump. For example, Blackstone. A stock I swing trade. Thing has been close to a PE of 70. Trading at ridiculous levels on the premise - that the CEO believes - that we're at the beginning of a huge bull run. So after a 15 year bull run with no real recession except a tiny one (covid) that we printed our way out of and didn't impact blackstone (yet), they are talking like we just had a massive recession which means we now have exponential growth. Somehow.....the delusion is so strong with some stocks/CEOs like this that it feels like a bad parody.
@@howiescott5865 TSLA over over priced. LOL talk soon TSLA will be $1000 within 24 months, I beg you to short TSLA and get your face ripped off.
@@howiescott5865 What makes you think NVDA is a bubble?
I have been trying to grow my savings and i wonder which is better the stock market or index, i keep seeing a lot of good news about the stock market but i am not familiar with the strategy. Any recommendation will be highly appreciated
The stock market is likely the best smart investment. However, if you are thinking of investing in the stock market and you are not well versed, its advisable to work with a financial advisor who is an expert to guide you through the process. this way you could make more profit with less risk
I agree. I've been working with a financial advisor since 2020, and I return up to 32k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
Could you kindly elaborate on the advisor's background and qualifications?
My CFA, Laurel Ann Watkins, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
Who else went straight to the comments? 😂
😂
🙋♂
Paul and Peter Schiff should get a small dark room together 😂
Hahaha - GC
Well, I think he's on to it. It's speculative imo. Put some money there and make some gains, but don't be blind to the risks.
@@EverythingMoney Yeah, you both sponsored by the same handlers hahaha
@@EverythingMoneyYou do know the service it provides is securing your money on a decentralized network and enables everyone to use transactions?
rofl XD
I would like to see Paul Debate Michael Saylor.
Paul is too ignorant. He doesn't deserve the chance.
Paul aint even in the Billionaire club. Aint heavy weight pal
Michael Saylor doesn't pick on lazy people.
That would be like 1987 Tyson vs. Ronda Rousey
That would be a debate between a man with character and a man who’s paid for tax fraud and for an accounting scam.
Micheal Saylor, Larry Fink, Donald Trump, Cathie Wood, Elon Musk, Mike Novogratz, Garry Kasparov, Max Keiser, Greg Foss, Jeff Booth, ...
If you don't respect those, there's something wrong, dude, some of the most intelligent people the world has ever seen!!
@Temujin02 Donald Trump? Intelligent? Sure let's all inject bleach to fight those viruses. Said whatever he thinks will buy votes.
Some of the best pump and dump artists the world has ever seen.
Bam. Caitlin Long Mark Moss George Gammon, Luke Gromen, I could go on forever
I wanna know this guy’s IQ against Saylor’s (24 year CEO billion dollar public company) OR Luke Gromen
Credentials AND IQ those two win all day. I’ll be happy to compare education and IQ too and also NET WORTH
I would love to debate this dude. His platform or mine. Mine is way bigger.
@@intoodeep001 Have fun staying intellectually poor...
Imagine waking up every day and being stuck with this guy's brain...
I think BTC is going to be the biggest rug in US history. When politicians want you to want something that they're invested in also,... that should be your signal to run for the door.
XAI401K 200X IN 10 YEARS - so likely another 200x in 10 years=$20 MILLION/XAI401K!!! So getting 1/10 XAI401K $10k today might turn into $2M in 10 years - if one can hold through all the volatility.
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
Should have said: "the US dollar has no intrinsic value" and "we're pulling back the curtain on the US dollar."
All investments are speculative. You're speculating about the future earnings and paying a multiple of the recent earnings for that speculative future.
He don’t realize how stupid he sounds!
His whole channel is speculation.
(ITS CALLED AN INVESTMENT)
It can go to zero
You stupid
US military backs the dollar
That was my first thought but you said it perfectly.
Except that the USD has no intrinsic value is a lie. It has the full power of the US government. And that investment is speculative is irrelevant to the topic.
Gold is the same
I just watched this video for the sh!ts & giggles lmfao
Me too lol
Powell saying "it's digital gold" means nothing I guess?
Are you referring to a guy whose prediction accuracy is lower than that of a coin toss ?
..and some chap named Larry Fink & Michael Saylor & Tim Cook & Michael Dell. This guy thinks he’s got it right & they have it wrong.
No response from EM? Shocking
Powell calling it digital gold is actually a warning sign i would say.
@@vladyslavnechaiev247Powell did great..... only thing he did wrong as far as his job was keeping interest rates too low too long under pressure from Trump and lying saying inflation was transitory...... he handled the rest well
"inflation is transitory".
I read somewhere that this is Elizabeth Warren's long lost son.
😂
😂
😂
Pocahontas jr
I just spit out my whiskey! 🤣
Ok grandpa, probably time to check in your retirement home and let your kids manage your assets.
BTC has never been an “investment”, it’s just an asset like gold.
Paul knows well about the American market but is absolutely ignorant about the rest of the world (using 15 P/E to evaluate Chinese stocks shows that). Having an asset that is not at risk of being taken by a dictator or destroyed by a flood or robbed by a thief IS THE ONLY GOOD VIABLE OPTION for 80% of the world’s population to preserve some capital.
Yeah but BTC doesn't do any of those things.
@@sheshotjfk8375Gold doesn’t do anything either. It’s the job of humans to do the doing.
If you look at history, the government does not always win against the people. Hopefully this is one of those times.
I pray it is! Though this guy doesn't help.
This time the government can make the same massive gains as the people, and thus because the government is made of people, we all win through our own self interest and greed.
I'M not surprised that some long term traditional investors think this way, Buffet is one. The old saying there is no reason to fear what you don't understand, maybe you would disagree that the financial system is broken, and worst nobody has any faith in it, but you do agree that something has to be done yes, if you have any ideas lets hear it.
This guy is a genius, He gets a lot more views by criticizing BTC and being in opposite side
“This asset has no cashflow” Classic! 😂 A trojan for the fiat system has a formidable cash flow. One way. Sucking it up forever until fiat is gone.
What about the scam called "fiat currency" this is not about investing is about protect my savings.
"protecting savings" by buying super volatile asset? That's something new
Nice one - GC
@@mykhailo7134 They will not stop printing money, i love volatility.
@@mykhailo7134super volatile that keeps on going up
Yeah because it works…..
Who cares for a reason if the price doubles every cycle?
Supply and demand is what drives prices
Yes, like there is some demand for something useless.
@@Michael_NV Define intrinsic value, go on I'll wait
@@clifflee01Intrinsic value is a property of something that is valuable in itself. Instrumental value is derived from a relationship to another intrinsically valuable thing.
Something like oil has intrinsic value through its many uses in real things.
The US dollar has Instrumental value through its relationship in oil trade.
@ BTC IV = 0 (zero)
Thank you. No value added is always no value added. Ponzi.
I'd rather not make money than participate in a scam.
He's right, the bubble will pop. There's no value other than hoping someone will buy it from you for more than you paid for it.
in that respect everything is a bubble 😉
This is good! Please spread the word! That means we are still early!!
More people like this guy means more time to stack sats
The fact that people don’t understand dollar debasement means we are still early as well!
It’s really enjoyably watching this guy be wrong about so many things
Haha yes true. Only to sell ‘software’ and making money by misleading the normies
Too many things
One love - GC
@@EverythingMoney dude. Stop embarrassing yourself:
Clueless clowns:
Btc at $1: it will go to zero!
Btc at $10: it will go to zero!
Btc at $100: it will go to zero!
Btc at $1000: it will go to zero!
Btc at $10000: it will go to zero!
Btc at $100000: it will go to zero!
Btc at $1000000: it will go to zero!
Btc at $10000000: it will go to zero!
the biggest scam ever is Dolar :)
Send me all your dollars and I’ll save you from that scam.
Poverty is a choice.
If I'm a merchant, i have little incentive to price any goods in BTC or any other volatile cryptocurrency. It would be a bookkeeping nightmare
Sanity in the chat.
Everything is a scam in this world. This is Gods world. Free.
Tom Nash calling out this channel the last few days for saying PLTR was not worth $7 whilst it's now at $70+.
Think his exact words were "clowns".
I was stupid for selling at $14 😂😂😂
Spassiba - GC
PLTR earnings per share is $0.20 compared to a loss of -$0.18 in 2022. Year over year revenue growth are 24.5%. Stock price is trading at under 39x book value. PLTR at $70+ is a good buy and if revenues continue to grow, I think stock price can reach $300+, unfortunately they do not pay dividends which if they did would be an even strong buy.
@@EverythingMoney Is it too late yet to get the subscription?🤣🤣
@@mmirafuentess1990I sold at $11 after buying in ar $7, Don't get too down on yourself 😂
7:33 not your keys not your coins
I’m one of the few commenters that pretty much agreed with this take. I have researched it and it very well may go up but only if people keep buying. Who knows if they truly will.
If your "research" involved listening to this guy and taking what he says seriously I have some bad news for you.
@@rightpa What was your research?
I came here for the comments 😂😂😂
Me too. The comments here should tell this guy that he needs to rethink this.
Oh gosh please educate yourself on the matter of currency like “dollar & gold standard history” . Fiat currency , inflation is a scam !
Yeah, but you can buy anything, anywhere for dollars, not so much with BTC.
From the same authors of “PLTR is Worthless” & “Intel is the Future”. THANK YOU
Palantir is the most overhyped overpriced stock of a generation. Hyping up a stock based on a "corruption trade" doesn't make the stock better or the "it's a bubble" comment wrong
@@istvanpraha what are you smoking
Its not a scam, it is what it is, a digital coin, whether you like it or not, if people believe in it, itll rise!
The problem is , it can be a very bad for your finanical and mentle wellbeing, if you sell lower than bought price.
Its not a scam and its not a coin. you will never buy coffee with it. BTC as a layer 1 asset is the strongest store of your wealth in history. Like the most secure savings account ever designed. Whenever I need to buy something I will convert it back into fiat currency on a monthly basis.
The fact that everyone is ripping him a new one makes me think we’re in for a decent pullback.
He does this every Time that bitcoik gets all time high in values, more probability to fall, so he can say "i told you guys", but then bitcoins recovers and gets a new ATH and he doesn't say it, he should say that he said the same thing when butclin was $16k
He’s a fool and so are his followers.
Oh my there goes the credibility.
Was it painful not being able to mention Tesla under the EV hype with it being less 5% from ATHs? A price you stated it would never get to again
I remember that video and commented on it at the time and they doubled down.
They said it will never visit a new ATH and it's not quite there yet but it's not far off now.
EVs are not cryptocurrencies, and Tesla is not solely an electric vehicle company. Earnings change, story lines change.
Nice one - GC
it already reached ATH in terms of market cap>
Why can't Paul see that his argument about Bitcoin's lack of intrinsic value can be made about the US Dollar? The Federal Reserve conjures up more dollars any time they feel like it.
yes but it has the full faith and credit of the united states
@jjuanmarin and btc has the full faith of the network nodes and users and miners worldwide
He sees it and he addressed it, that's why we got inflation. But as long as it's the legal tender of the US, it will have some value. But of course you should invest your dollars in companies the world needs, not simply sit on them.
My bet is that BTC pulls back below $80K before going to a million $. If you get a chance to buy at $75, go all in.
sorry to dissapoint not going to happen
Someone needs to shut down this scam artist before he does more damage
What is the present value of all
Future cash flows in Gold? 🤔
There will always be those who are missing out on BTC "digital gold" saying that the asset is spec and the "switch" can just get shut off, but have no real understanding of the asset
hmmm yea, lets buy Sirius radio instead lmao
Nice one - GC
Can we make an inverse everything money ETF… (includes Btc, Tesla, Palantir) just think how much up we’d be up!
You forgot evidia. I listen to everything money and sold at 225. According to Paul and his magic calculator it was way overpriced
There are two ways to get rich... taking chances and not taking chances. The latter is the longer but surer way. I guess it comes down to your personality type.
Little DOGE once known as "do only good everyday" is now becoming a company in, "Department of Government Efficiency", who would have ever though that?
Depends on your finances . 1000$ in XAI401K is 4000 XAI401K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
Scammer
*hackerviper50* *Thank you for being you! If I had your skills, I would so be there.*
Good argument , especially the tracking part by government.
Golds entire worth is what people are willing to pay for it:))))))
Gold's worth is based on it's uses in technology and dentistry. Precious metals have a use case.
You can wear it at least and use it in electrical components and motherboards although i think there's been a swith to silver snd palladium
In regards to electronics obviously ppl still wear gold
@@Sunil-he8xm Only a small part of it. Most is just used as store of value. It is true that the price of everything depends on what people are willing to pay for it.
Stocks are are also worth what people are willing to pay for them.
regret not buying at 30k now is too late , l make a video 😂
hahahahaha
Be patient... and be ready to back your truck up when it crashes. The question is not IF but WHEN...
@@howiescott5865 Yeah if the US buys 5% off the supply its going to go crazy
@@howiescott5865 As it did so many times only to come back stronger!
@@howiescott5865 fomo
I get it that your channels losing viewership but this ain’t it champ
Yes it's good to have companies that make profits. But money doesn't have value intrinsically. The dollar doesn't. It's backed by what the govt is worth. BTC is backed by what the network is worth.
Completely agree with you
You failed to mention if you put a written check in the mailbox, it can be stolen and the scammer can put the money into their bank by just having reversible ink. There’s all kinds of scams out there. Paul is the evolution of money and you forgot to mention the stable coins.
I need to corner the market in this reversible ink! Also if something is called stable it proberly ain't.
Bros been screaming about it since 20k. Its def a scam but ya know the worlds beyond that. Now its an accepted scam
Good stuff - GC
They scream since it was one dollar
@@Sec_coachand didn't do any of the education yet?
Stocks are the BIGGEST Shams.. oh oh.. he will get triggered now.
@@wisdoma4860 stocks follow exactly the same principle .. I think that is what he is really worried aboutt
The real video he should have made is how people can just invest money by going to brokers directly meaning the game where everyone plays the game the same way has become much more erratic.
Ok ... the line has gotten through the resistance .. and since everyone did the same course ... everyone now is buying. That is the real scam. Trading is a rules based game and the better you know the rules, the better you will do trading.
golds usage as a commodity has nothing whatsoever to do with its price Paul you know that
Isn’t this the same guy who lost untold amounts of money betting against NVDA 😂
People please take it easy on Paul. You’d be upset and say crazy things too if Michael Saylor stole your girlfriend. Go ahead Paul. It’s okay.
Bit coin is a speculative play, but I think there is something to learn. The coin has cycles. Those that want to speculate on it have to understand its cycles.
@ We are all fools when it comes to things we don’t understand. The dude is not alone 😊.
Good comment - GC
@@LeviLesinProductions The dude who made this video literally mentioned this and said it's fine to trade. You guys don't even watch the video and just come and leave comments on what you think he said
Respect to Paul for sticking with his opinion on BTC, despite it being unpopular to many right now! I love if people represent their views consequently and don't just follow the hype 💪
There is a difference between having a view that is based on thorough research and well reasoned arguments and scammy, low effort engagement farming.
I respect your opinion but there’s still money to be made. I see it as a short term investment. Cryptocurrency has a future, just not in its current form.
Good comment....lots of different ways to make money - GC
Thank you for keeping the price low for accumulation. 🎉
You don't understant BTC. That's it. Even the FEDs have now invested billions in BTC. WTF you talking about.
Cringe and blue pilled. Unsubscribed
Don't unsubscribe. Just come back in a year or two and gloat.
One love - GC
you think not liking asset bubbles is being blue pilled?!!??!!
@@istvanpraha a 15 year bubble? lol