Sign up with Caleb & Brown at: calebandbrown.com/affiliates/david-lin/ Where do you think the Bitcoin price will end up by the Presidential election in November? Subscribe to my free newsletter: davidlinreport.substack.com/ FOLLOW JAKE BOYLE: Caleb & Brown: bit.ly/candbdavidlin X (@jakerb_): twitter.com/jakerb_ X (@calebandbrown): x.com/calebandbrown
I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $40k - $45k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year
I don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations
Great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
Thanks for the continuous updates! All we need is the right advice on how to invest properly and we will be set for life, I made 38k from my little invested 11k regardless of how bad it gets on the economy. Thanks so much Keira Watson for keeping me ahead of the market.Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of 23k per month even though I barely trade myself. Thanks to Miss Keira Watson for her helpful guides.😮
BTC is a risk asset. It trades pretty close to how the NASDAQ trades. It will crash with all the other risk assets. DO NOT GET ME WRONG. This crash is a back the truck up and load as much as you can. Keep your eyes on the chart. It has made a cup with handle formation and it could break to the upside.... with massive force.... typically the height of the cup. I hope not... I want it to crash so I can get a crap ton of it. We will know soon enough.
@@pjdepaolisii Bitcoin 'shapeshifts' into anything those trading it want it to be at this point. And if institutions are trading it, that essentially means it will be a retail slaughterhouse/cashcow.
I'm buying in parts as it goes down, in case it doesn't crash big. Some at 50K, some at 44K, some at 33k, some at 25K, etc. Gotta keep some dry powder to buy big dips, but also already be in the game and have some Bitcoin in case the dipping is over and the real bullrun begins.
Oh, this is a likely short term bottom. And I’ve said 55-57k was coming ages ago. Bitcoin has never faced a true recession. It’s a risk asset. Assets that can drop 20-30% in a New York minute aren’t likely to get much love in a struggling economy.
Very nice interview David and great guest with Jake! He has a pretty good unbiased analysis, I think there is a lot of truth in what he is saying. Yes if Trump wins and we get the rate cuts we will see a sugar rush (hopefully a really good one), but I agree that the overall financial state of the US is pretty terrible and therefor during 2025 people come to realise reality again and things can go south later on with a potential deep recession. Nevertheless, I think Q4 2024 and perhaps Q1 2025 can still see good gains before the show is over for a while...
Lin announced the interview would happen on 9/5 and it hasn't come out yet. I hope Mallers turned into Maulers and made Peter look like the outdated moron he has become
Yeah Aave did really good for me during the last bullrun in 2021. Waiting for next year's bullrun to get into Aave again. That's when people are really using it and borrowing......during bullruns.
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.
Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this
Plan for the worst in communication breakdown: no phone lines, internet down or region restricted. Operations inside and outside the US can simply vanish or deny you exist.
No one knows what BTC will do an no analyst on this show or any show knows whats going to happen. They are 80% wrong on average and those who are right get lucky.
Thank you for your videos mate.. . Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Milton’s trading ideas and signal tips for your portfolio growth and aggressiveness. He is a man who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is. Milton Harper’s trade signal does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path...
Building a good investment portfolio is more complex so I would recommend you seek Milton support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams...
Backing the USD with BTC doesnt really make sense to me. Bank notes were originally used as certificates of precious metals because it's not practical or safe to transport or store tons of metal for exchange. Why would anyone accept using a slower, more manipulable, and more centralized currency when the reserve asset is better, faster, and more secure?
19:29 Ignorant question. Try paying with BTC. Confirmation may take 15 to 60 min and cost $4 . Bitcoin is terrible as cash. This will be true as long as it is Proof-of-Work. With so much money at stake, programmers will not change the code to Proof of stake or something else.
Try layer 2 for spending BTC, eg. Lightning... Costs are fraction of a cent and confirmation is basically immediate. Only larger transactions should be using layer 1. You also don't want to spend from wallets that are traceable to your main stack(s) on layer 1. imagine Showing the guy at the corner store when you buy a drink you have $100,000 in your wallet; you're going to get the $5 wrench attack at some point. Safety is paramount when securing your own assets.
I agree. On the weekly and monthly, I see 40K area for bottom. However, on the bi-weekly, 50K could be it. Either way, as you say, too early to call it.
Every religion is a cult form an atheistic perspective. BTC """"ADOPTION"""" means nothing, it's a buzz word for sheep, adoption for what ? you can't do anything with it 99.99% of the time. Try living on BTC for a week, lmfao. Also, no such thing as a safe heaven...lol
@@actualfacts1055 As soon as someone can tell me: 1) How to valuate crypto (with an empirical valuation model) and 2) what the purpose of crypto is - I might buy it. Not a second earlier.
From €10,000 to €45,000 that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family❤
I have been in the market since 2022, I have a total profit of $795 thousand realized with my $65 thousand invested in Bitcoin, ETFs and other dividend income, I am very grateful for all the knowledge and information you have given me.
Bitcoin is another Fiat currency, pinned to nothing of value other than the hopes of those who invest in it. Turn the power off, and it seases to exist. It's down since March, while Gold has reached record highs. In times of REAL instability, the graphs speak for themselves.
50k is a good round number that most of the publically traded miners and sizeable private miners pay. I am in investor in a private. I cant imagine the smaller miners paying less. What are your numbers?@@freshaquatics3652
Good discussion, but keep in mind two things with Trump: firstly, he lies about everything, so whether he truly embraces bitcoin remains an open question. More importantly, even Goldman Sachs opines that a Trump election would be bad for the stock market, given Trumps unwavering position that he will increase tarriffs dramatically. As your guest points out David, btc is still a correlated asset.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
Volatility is great for traders. And long term BTC holders take solace in the fact that it will most likely continue to greatly gain in value every few years as it has done for the last 15.
@user-xg6yc8ho3w not a safe haven asset. I think it will be many years until btc reaches its previous high, if ever. Btc has been in a bubble over the last 10 years like many other assets - easy money period.
Aave :) While it’s price hasn’t done too well like all other alt coins, it has found ‘product market fit’ and absorbed a lot of lending market share in the defi space
Backing the US dollar or Treasury assets with Bitcoin could enhance transparency, foster financial innovation, and position the US as a global leader in digital currencies. It would diversify the nation’s financial reserves, promote economic resilience, and increase trust through blockchain's verifiable technology. This move could also attract tech-focused investors, boost global competitiveness, and support financial inclusion, while aligning with sustainability efforts if renewable energy is leveraged for Bitcoin mining. Overall, it would signal a forward-thinking approach to the future of finance and governance.
Good pickup, to clarify: Bitcoin is a risk asset and it does tend to be sold down with the rest of the markets in times of conflict. However, the Ukraine war saw it hold steady. So there’s a chance that as things develop Bitcoin could decouple from being tied to other markets like the S&P 500. Will be interesting to see in say 5 years how Bitcoin moves in tough geopolitical times
This is a solid guest. He has a grounded take on the fact that bitcoin has a long way to go and that it remains a high risk on asset that it now staring down the barrel of a 12 gauge economy. You can kiss 100k by 2024 good bye. The mojo is gone.
T -Rump supports Bitcoin because he found a new way to make a quick buck. Is it really such a great idea to base our currency on something so volatile???
I thought so too until I read "broken money". Follow me. Gold is tied to the dollar. If you sell it you get dollars right? If we take the last 25 years of inflation into account, and how much the purchasing power of the dollar has erroded. Gold is not worth $2500 an oz. It is worth $450 an oz. Think of it this way... 4 year ago you could fill your shopping cart up with food for 200 dollars. Now you can't do that under $350. That same dollar that is getting you less is exactly the same for gold. You might get 2500 dollars buy that same 2500 dollars is only worth about 450 dollars compaired to 25 years ago. So it is just keeping you even with inflation... it is not really making you any money. If the dollar crashes to zero. Gold is worth what? What are you going to do with it. It's heavy. Would you plan to get on a plane with it? If so you are most likely gonna need security, and I am sure the govt will have something to say about it. Gold is just a heavy shiny metal. It has value because we say it does. You can't eat it you can't plant it and grow it into something usable. It does have some production / industrial uses but there are much cheaper metals that are almost on par. Please be careful.
Really? Both stupid rocks!! Good door stops though! PM are owned and operated by big banks and Govts!! It's a manipulated scam!! Paper to physical ratio says it all!! What a joke!
Have fun thinking that bud lol. Gold & silver are manipulated boomer assets. Inferior to Bitcoin in every way. One of my biggest financial regrets is buying a bunch of gold & silver years ago instead of more Bitcoin.
Weird you would say that, Bitcoin being harder than gold. Unlike gold, a rise in price and demand for bitcoin cannot result in a rise in production through mining. Describing bitcoin as "soft" reveals a lack of comprehension of the asset.
One day you will realise that Bitcoin is not a risk asset. It is the one and only prefect, incorruptible and undilutable ledger of value that humans have ever known. One day you will reailse that you had better register your wealth on that ledger, before everyone else does the same.
Did he mean to say "fiscal liberty"? That just sounds like a euphemism for tax evasion to me. I thought bitcoiners were trying to get rid of that image
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
It would require a constitutional amendment, so it's more something to work towards than something likely to happen any time soon I will invest for the tomorrow.
Gold is linked to the dollar. The dollar is a Ponzi scheme. Both are inside the system. BTC is not inside the system. That is why it is the best performing asset of all time... not gold. No once can print more, or hyperinfate it to nothing, or use it as a weapon... etc. This is what folks miss on BTC. May I recommend you read the book "broken money". I fealt the same as you, until I read that book.
Except for my checking account that Beat the performance of Bitcoin over the last 3.5 years! My money market account is the most pristine asset ever. Those who use Bitcoin as a store of wealth over the last 3 1/2 years. There is name for them. We call them poor.
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Where do you think the Bitcoin price will end up by the Presidential election in November?
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I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $40k - $45k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year
I don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations
Great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
Searched the web and saw her page and accreditations, someone with great experience I must say, thanks!
If you speak about BTC dominance you better mention Ben 🤣
When will it reach 60%??
FACTS
Thanks for the continuous updates! All we need is the right advice on how to invest properly and we will be set for life, I made 38k from my little invested 11k regardless of how bad it gets on the economy. Thanks so much Keira Watson for keeping me ahead of the market.Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of 23k per month even though I barely trade myself. Thanks to Miss Keira Watson for her helpful guides.😮
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
Same here me and two other friends of mine immediately tried it, we testified, she is a performance of Wonder.
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
please educate me, I've come across this name before, Now i'm interested
How can I get in touch with her?
BTC is a risk asset. It trades pretty close to how the NASDAQ trades. It will crash with all the other risk assets. DO NOT GET ME WRONG. This crash is a back the truck up and load as much as you can. Keep your eyes on the chart. It has made a cup with handle formation and it could break to the upside.... with massive force.... typically the height of the cup. I hope not... I want it to crash so I can get a crap ton of it. We will know soon enough.
BTC - the GREATEST STORE OF VALUE ever! lol.
That's the spirit!
shudup
It's $53k now and dropping, so I wouldn't toot his horn over calling a $50k bottom. I think it's likely he'll be proved outright wrong very soon.
agreed
@@pjdepaolisii Bitcoin 'shapeshifts' into anything those trading it want it to be at this point. And if institutions are trading it, that essentially means it will be a retail slaughterhouse/cashcow.
I'm buying in parts as it goes down, in case it doesn't crash big. Some at 50K, some at 44K, some at 33k, some at 25K, etc. Gotta keep some dry powder to buy big dips, but also already be in the game and have some Bitcoin in case the dipping is over and the real bullrun begins.
@@user-xg6yc8ho3wyou never see it go below 40s
Oh, this is a likely short term bottom. And I’ve said 55-57k was coming ages ago. Bitcoin has never faced a true recession. It’s a risk asset. Assets that can drop 20-30% in a New York minute aren’t likely to get much love in a struggling economy.
Very nice interview David and great guest with Jake! He has a pretty good unbiased analysis, I think there is a lot of truth in what he is saying. Yes if Trump wins and we get the rate cuts we will see a sugar rush (hopefully a really good one), but I agree that the overall financial state of the US is pretty terrible and therefor during 2025 people come to realise reality again and things can go south later on with a potential deep recession. Nevertheless, I think Q4 2024 and perhaps Q1 2025 can still see good gains before the show is over for a while...
'Buy my overpriced Starbucks coffee with btc' 😂😂😂 hilarious, this guy 😂
Where is the Jack Mallers and Peter Schiff debate?
Jack mallers would dog walk peter
Did this debate happen?
@@siahwashn9794Yes, and Peter has been correct. Gold will end up being the better performer for 24, and most BTC buyers will lose overall
Lin announced the interview would happen on 9/5 and it hasn't come out yet. I hope Mallers turned into Maulers and made Peter look like the outdated moron he has become
Yes and he did@@siahwashn9794
Yeah Aave did really good for me during the last bullrun in 2021. Waiting for next year's bullrun to get into Aave again. That's when people are really using it and borrowing......during bullruns.
Finally some one with some common sense
I've learned a lot about cryptocurrency advancements and want to get involved. I'm hoping to find a good mentor.
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Evelyn Turner is the professional who guides me, and her optimal returns are impressive
Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.
Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this
Jake Boyle is a smart boy. Thanks for having him back.
I like this guy
Very very good interview. A lot to learn from this guy
Jake is good. I like him and his approach to investments.
Plan for the worst in communication breakdown: no phone lines, internet down or region restricted. Operations inside and outside the US can simply vanish or deny you exist.
I am pretty good at calling btc prices short term as a chart guy. However btc as an asset? I will never understand even 50k...
Great interview, I learnt a lot.
Very helpful video! Thank you!
One of the top new project is definitely Cortux. E-commerce narrative will do great in the following year.
Excellent analyse.
Just subscribed to Cortux's channel. Looking forward to more updates on this project
Do not underestimate the power of getting in early. If you are not in Cortux now, you are lagging behind.
Wow. From Thomas in his Mad Hatter hat to a Suit with a tie. Ch ch ch changes!
No one knows what BTC will do an no analyst on this show or any show knows whats going to happen. They are 80% wrong on average and those who are right get lucky.
Thank you for your videos mate.. . Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Milton’s trading ideas and signal tips for your portfolio growth and aggressiveness. He is a man who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is. Milton Harper’s trade signal does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path...
He mostly interacts on Telegrams, using the user-name,
@MiltonHarper
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
Building a good investment portfolio is more complex so I would recommend you seek Milton support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams...
thanks for showing up David need my fix
'Adopted at a household level' 😂 how true
Lucky me I'm early 🎉🎉🎉
Backing the USD with BTC doesnt really make sense to me. Bank notes were originally used as certificates of precious metals because it's not practical or safe to transport or store tons of metal for exchange. Why would anyone accept using a slower, more manipulable, and more centralized currency when the reserve asset is better, faster, and more secure?
Great guest. Waiting for altcoin seasion.
Never
Had limit orders at 54k
C&B are big visionary proponents of Theta!
Who is C&B ?
David Lin , great video I loved it
The future of finance is here, and it's called Cortux. Joining the presale ASAP!
Excellent video, David. He is an interesting guest.
19:29 Ignorant question. Try paying with BTC. Confirmation may take 15 to 60 min and cost $4 . Bitcoin is terrible as cash. This will be true as long as it is Proof-of-Work. With so much money at stake, programmers will not change the code to Proof of stake or something else.
Try layer 2 for spending BTC, eg. Lightning... Costs are fraction of a cent and confirmation is basically immediate. Only larger transactions should be using layer 1. You also don't want to spend from wallets that are traceable to your main stack(s) on layer 1. imagine Showing the guy at the corner store when you buy a drink you have $100,000 in your wallet; you're going to get the $5 wrench attack at some point. Safety is paramount when securing your own assets.
Layer 2 dude
@@davebrewer7170 Another coin dude. I have no love affair with BTC.
Isn’t it a little premature to say he called the floor?
I agree. On the weekly and monthly, I see 40K area for bottom. However, on the bi-weekly, 50K could be it. Either way, as you say, too early to call it.
Classic rule of "BUY THE RUMOR, SELL THE NEWS" 🎉😅😊💲
Jake is best I’ve seen on your channel.
Roulette red or black
My picks for next 3 months period are INJ and FIL. But also, guys do not miss Cortux presale, is almost over.
There's a buzz around Cortux, and rightfully so.
chief con officer at it again
BTC is not what you think; it's a religion. You either believe it or you don't. But i think it's more like a cult!
You´re absolutely right about it being a cult. Nobody so far has been able to tell me why it should have ANY value at all
Every religion is a cult form an atheistic perspective. BTC """"ADOPTION"""" means nothing, it's a buzz word for sheep, adoption for what ? you can't do anything with it 99.99% of the time. Try living on BTC for a week, lmfao. Also, no such thing as a safe heaven...lol
The Blockchain has a future, who knows about crypto.
@@actualfacts1055 As soon as someone can tell me: 1) How to valuate crypto (with an empirical valuation model) and 2) what the purpose of crypto is - I might buy it. Not a second earlier.
You mean like gold 😂 a shiny rock no value gold can literally be silver coper tomorrow its by demand if people dont want it its worth Z E R O
From €10,000 to €45,000 that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family❤
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
I have been in the market since 2022, I have a total profit of $795 thousand realized with my $65 thousand invested in Bitcoin, ETFs and other dividend income, I am very grateful for all the knowledge and information you have given me.
All thanks to Tiffany Nelson
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $8,000 and received $42,700.
Honestly, I will say she's an angel who God sent to help the needy
XEN crypto
Bitcoin is another Fiat currency, pinned to nothing of value other than the hopes of those who invest in it. Turn the power off, and it seases to exist. It's down since March, while Gold has reached record highs. In times of REAL instability, the graphs speak for themselves.
25:36 it’s just how the cycle plays out. Btc dominance start falling from 4 quarter and into next year.
Im not nearly bullish in BTC as I once was
Tell me a time when they didn't print out of trouble?
@10:00 what are the statistics on this, is there more to it than just retail investors va bankers?
the btc price going to drop to hell!!!!!!
the btc price going to rise to heaven!!!!!!
WE GOING BANBANAAAAAAAAAAAAAAsss!
Cost to mine is 50k per coin. How much lower can it go?
in which jurisdiction? Diff jurisdiction diff power costs matey
You should re-evaluate your statement; Ponder a while on why it's not correct.
How much lower can/should the price of Bitcoin go if the cost to mine is 50k. Is that better?
@@mcfrog The cost of mining BTC has numerous factors. Many are paying much less than your assumed number, which is coming from where exactly?
50k is a good round number that most of the publically traded miners and sizeable private miners pay. I am in investor in a private. I cant imagine the smaller miners paying less.
What are your numbers?@@freshaquatics3652
Good discussion, but keep in mind two things with Trump: firstly, he lies about everything, so whether he truly embraces bitcoin remains an open question. More importantly, even Goldman Sachs opines that a Trump election would be bad for the stock market, given Trumps unwavering position that he will increase tarriffs dramatically. As your guest points out David, btc is still a correlated asset.
What did he lie about?
@@brosb4hoes755 I say with zero humor, what has this guy NOT lied about. The "father of lies" tells lies even when he doesn't need to.
@@brosb4hoes755everything. He lies constantly
Bitcoin ETF's has thrown a spanner into the works away from decentralization.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
Veronica Hoy strategy has normalised winning trades for me also and it's a huge milestone for me looking back to how it all started
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
The Graph GRT Decentralized Indexing Infrastructure... 50+ Networks including Bitcoin!
Listen to young men about the price of an asset and you will lose your money.
Btc is still far too volatile
Volatility is great for traders. And long term BTC holders take solace in the fact that it will most likely continue to greatly gain in value every few years as it has done for the last 15.
@user-xg6yc8ho3w not a safe haven asset. I think it will be many years until btc reaches its previous high, if ever. Btc has been in a bubble over the last 10 years like many other assets - easy money period.
What coin is he mentioning at 22:02 ?
Aave :)
While it’s price hasn’t done too well like all other alt coins, it has found ‘product market fit’ and absorbed a lot of lending market share in the defi space
easy cup and handle. will burst to 80k once correction is over
Nothing better than a foreigner trying to predict what the US will do with its financial direction. This guy is a load.
Backing the US dollar or Treasury assets with Bitcoin could enhance transparency, foster financial innovation, and position the US as a global leader in digital currencies. It would diversify the nation’s financial reserves, promote economic resilience, and increase trust through blockchain's verifiable technology. This move could also attract tech-focused investors, boost global competitiveness, and support financial inclusion, while aligning with sustainability efforts if renewable energy is leveraged for Bitcoin mining. Overall, it would signal a forward-thinking approach to the future of finance and governance.
What a great time to be in crypto! Projects like Cortux will make millionaires in the bull run.
he said bitcoin pumped with ukraine but then said a war would send it down
Good pickup, to clarify: Bitcoin is a risk asset and it does tend to be sold down with the rest of the markets in times of conflict. However, the Ukraine war saw it hold steady. So there’s a chance that as things develop Bitcoin could decouple from being tied to other markets like the S&P 500. Will be interesting to see in say 5 years how Bitcoin moves in tough geopolitical times
Bitcoin follows the stock market, do get it twisted.
If Kamala Harris comes bitcoin goes to zero
Bitcoin at 52k and xrp holding .52 😅
BTC looks like a giant cup and handle pattern. If T man wins could see 100k plus within a year.
20:23 sadly.
Bitcoin = Bitcon.
Straight up everything is the same but different this time. Whales decide the prices nothing else. Maybe they wanna buy new island and need cash.
It's 9.7.2024 at 6:44 am MST and BTC is down to $40k. Catch a falling knife!
Its not been $40k since January.
28k late 2025
This is a solid guest. He has a grounded take on the fact that bitcoin has a long way to go and that it remains a high risk on asset that it now staring down the barrel of a 12 gauge economy. You can kiss 100k by 2024 good bye. The mojo is gone.
Technically it looks bad and when Harris gets in look out below.
T -Rump supports Bitcoin because he found a new way to make a quick buck. Is it really such a great idea to base our currency on something so volatile???
It's only volatile because we have no idea how to price it. That will change, eventually
I believe gold n silver have better risk/reward ratio for next few years. Better than BTC.
Like the guests honesty n straight talk.
I thought so too until I read "broken money". Follow me. Gold is tied to the dollar. If you sell it you get dollars right? If we take the last 25 years of inflation into account, and how much the purchasing power of the dollar has erroded. Gold is not worth $2500 an oz. It is worth $450 an oz. Think of it this way... 4 year ago you could fill your shopping cart up with food for 200 dollars. Now you can't do that under $350. That same dollar that is getting you less is exactly the same for gold. You might get 2500 dollars buy that same 2500 dollars is only worth about 450 dollars compaired to 25 years ago. So it is just keeping you even with inflation... it is not really making you any money. If the dollar crashes to zero. Gold is worth what? What are you going to do with it. It's heavy. Would you plan to get on a plane with it? If so you are most likely gonna need security, and I am sure the govt will have something to say about it. Gold is just a heavy shiny metal. It has value because we say it does. You can't eat it you can't plant it and grow it into something usable. It does have some production / industrial uses but there are much cheaper metals that are almost on par. Please be careful.
Really? Both stupid rocks!! Good door stops though!
PM are owned and operated by big banks and Govts!! It's a manipulated scam!! Paper to physical ratio says it all!! What a joke!
Have fun thinking that bud lol. Gold & silver are manipulated boomer assets. Inferior to Bitcoin in every way.
One of my biggest financial regrets is buying a bunch of gold & silver years ago instead of more Bitcoin.
@@MrSpolaR exactly!! Gold and silver are analog prehistoric dinosaurs !! Bitcoin is perfect money!
Stick with that logic and have fun staying poor lol
Geopolitical uncertainties is bad for Bitcoin but good for gold. A risky soft asset against a safe hard asset.
Weird you would say that, Bitcoin being harder than gold. Unlike gold, a rise in price and demand for bitcoin cannot result in a rise in production through mining. Describing bitcoin as "soft" reveals a lack of comprehension of the asset.
Clown comment
Jake: “bitcoin is a safe haven against geopolitical tensions”
Also Jake: “geopolitical tensions will cause major selloffs in bitcoin”
Pretty obvious, look at what govt did to the dollar, imagine how bad they could wreck bitcoin.
One day you will realise that Bitcoin is not a risk asset. It is the one and only prefect, incorruptible and undilutable ledger of value that humans have ever known. One day you will reailse that you had better register your wealth on that ledger, before everyone else does the same.
Did he mean to say "fiscal liberty"? That just sounds like a euphemism for tax evasion to me. I thought bitcoiners were trying to get rid of that image
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I'm favoured financially, Thank you imagine $32,000 weekly profit regardless of how bad it gets on the economy..
It's either we invest OR get rid of
the Electoral College and let We the People of the United States of America choose our own leaders!
Which unfortunately takes 2/3 of congressional support in each state in order to enact
It would require a constitutional amendment, so it's more something to work towards than something likely to happen any time soon I will invest for the tomorrow.
whomsoever created the Electorate College was a whimp, certainly. Haha just cash 70k from crypto 💯
Bitcoin ponzi. Dump eet
Dump eet so I can pump eet!
I don't care if it's ponzi
I'm making money shorting it right now
I'll make more money going long the next bounce
Its going to zero
@@yvrytry5rcthe dollar is going to zero . Crypto is here to stay.
Gold is linked to the dollar. The dollar is a Ponzi scheme. Both are inside the system. BTC is not inside the system. That is why it is the best performing asset of all time... not gold. No once can print more, or hyperinfate it to nothing, or use it as a weapon... etc. This is what folks miss on BTC. May I recommend you read the book "broken money". I fealt the same as you, until I read that book.
senseless content . totally incoherent
Just another reason to vote TRUMP!
Bitcoin - the GREATEST STORE OF VALUE ever! lol.
Except for my checking account that Beat the performance of Bitcoin over the last 3.5 years! My money market account is the most pristine asset ever. Those who use Bitcoin as a store of wealth over the last 3 1/2 years. There is name for them. We call them poor.
XRP: utility. - Great guest!