Episode Transcript
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1:04
Ever, ever. Chicken, chicken TV! Blood
1:06
on the streets, buy the debt.
1:08
Bitcoin sale. Take advantage of it.
1:10
In today's show, I'll be breaking
1:12
down the latest Bitcoin technical analysis.
1:14
We ain't seen a crash like
1:16
this since 1987. But guess what?
1:19
New record Bitcoin Bitcoin hash rate,
1:21
bitty price. follows the hash. According
1:23
to High Priest, Bitcoin, Max Geyser,
1:25
China, Russia have a card up
1:27
their sleeve to fight the U.S.
1:29
tariffs. That's the goal back stable
1:31
coins that start a run out
1:34
of the U.S. banks and
1:36
U.S. dollars. We'll also be
1:38
discussing billionaire investor would not
1:40
be surprised if the Trumpster
1:42
postpones the tariffs. We'll also
1:44
be discussing nearly 400,000 FTX.
1:47
amid the Trump tariffs will
1:49
also be discussed in Rich
1:51
Dad Robert Giosaki, warns of
1:53
the biggest market crash, has
1:55
arrived, suggesting three non-Wal Street
1:57
assets to weather the storm.
2:00
We'll also be discussing here's Michael
2:02
Saylor's Bitcoin price prediction if we
2:04
hit the 500 trillion Market cap
2:06
and I know it sounds crazy
2:08
to discuss at this moment But
2:10
you already know will be discussing
2:12
the latest from the giga chat
2:14
Mikey sailor We'll also be taking
2:16
a look at the overall crypto
2:18
market all this plus a month again
2:21
more on today's live stream blood
2:23
on the streets fam Yo
2:29
what's good crypto fan? This is
2:32
first and foremost a video show
2:34
So if you want the full
2:36
premium experience with video visit my
2:39
YouTube channel at crypto news alerts.net
2:41
again. That's crypto news alerts happy
2:43
Sunday fun day blood on the
2:46
streets in the market as you
2:48
can see pre a little bitty
2:51
down 3300 dollars on the day
2:53
massive crash across markets today is
2:55
April 6 2025 I'm your host
2:58
JV and today is pot episode
3:00
number 1900 and 55. Let's kick
3:02
it off with our market watch.
3:05
We'll start with coin 360. You
3:07
should be able to see here
3:09
on your screen. Bitcoin down 4%
3:12
on the day. We also have
3:14
Ethereum down 9% all the way
3:16
down to 1600. Craziness. XRP down
3:19
6% trading back under 2 bucks.
3:21
Solana down 9% some of these
3:23
altts down over 10% complete bloodshed
3:26
carnage and rec city. in the
3:28
alt market and checking out coin
3:30
market cap.com the current crypto market
3:33
cap all the way down to
3:35
1.5 seven nine trillion we got
3:37
roughly 69 billion we got roughly
3:40
69 billion worth of volume in
3:42
the past 24 hours of volumes
3:45
actually up roughly 57% on the
3:47
day here's the silver lining and
3:49
Bitcoin dominance is up currently 62.5
3:52
percent. Ether dominance, the lowest I've
3:54
seen in like five years, 7.8
3:57
percent. Whomp, whomp for the eith
3:59
hole. Check out Top 100, crypto
4:01
gainers past 24 hours, we've got the
4:03
pie network leading the pack, followed by
4:05
EOS, followed by Z cash, very modest
4:07
gains as 95% of the market is
4:10
cracking and in the red bloodshed. And
4:12
check it out. Cryptobubbles, we get a
4:14
visual perspective on the day, it's not
4:16
like we really need it. Virtually everything
4:18
bleeding, unfortunately. Zoom it out in the
4:20
weekly, very similar scenarios, zoom it out
4:23
in the monthly. I mean, some of
4:25
these top alts down, 20, 30, 40
4:27
plus. Check it out to Cryptogued in
4:29
Fair Index. Today, we're a 34.
4:31
We got 32 last month of
4:34
34. Check out the infamous time
4:36
chain calendar. We're currently on block
4:38
height number 891,206. We have 158,784
4:41
blocks into the next having of
4:43
2028. And you currently exchange one
4:45
fee out monopoly dollar for 1257
4:48
Sats to pick up the Sats,
4:50
put down the gas, pick up
4:52
some Bitcoin caps from a man's
4:55
Sergio. Of course, over at Bitcoin
4:57
caps on net. And if you
4:59
don't know, now you know Brisky's.
5:02
I doubt it. Alt coins rarely
5:04
outperform Bitcoin when we're dipping, but
5:06
whatever. Last week, Bitcoin began showing
5:08
early signs of decoupling from the
5:10
U.S. stock markets. Bitcoin was relatively
5:12
flat over the week, while the
5:14
S&P plunged 9% and losing like
5:17
over 5 trillion in the stock
5:19
market. The selloff was maybe even
5:21
tensually, and because it was two
5:23
back-to-back bloodshed days. The selloff was
5:25
triggered by the following of President
5:27
Trump's April 2nd global tariff announcement,
5:29
which escalated further April 4th. China retaliated
5:32
with new tariffs on the U.S. goods.
5:34
Even goal was not spared and was
5:36
down 2% in the week. Do you
5:38
hear that? Peter Schiff. Now, Alpine Fox
5:40
founder Mike Alfred highlighted in a post
5:42
that a gold market is bullish for
5:45
Bitcoin. And during the previous cycle, Gold
5:47
led the Bitcoin for a short while,
5:49
but eventually Biddy caught up and grew
5:51
10 times or more than gold. That's
5:53
right, we 10x. He added that it would
5:55
not be any different this time. And if
5:58
we were 10x from 80Gs from 80Gs. talk
6:00
in $800,000 per. This episode is
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Condition Supply. headline,
7:00
they Like the owners probably paid the
7:02
news source to like feature them and talk
7:05
positive about them which is very common with
7:07
a lot of article sources that's why I
7:09
gotta be very suss on anything you read
7:12
and you're lucky you got me as your
7:14
presenter to see through the bullshit and let's
7:16
just stick to the bitty here. Bitcoin bulls
7:18
have failed to push the price above the
7:21
resistance line but they have not seated much
7:23
ground to the bears. This suggests that the
7:25
bulls have kept up the pressure. Now the
7:28
pressure is on its hit. The 20-day exponential
7:30
average currently 84 is flattening out and
7:32
the RSI relative strength index is just
7:34
below the midpoint. Signal in a balance
7:36
between supply and demand. This advantage will
7:39
tilt in favor of the bulls on
7:41
a break and close above the resistance
7:43
line. There is currently resistance at 89,
7:45
but if that level gets taken out,
7:48
the Bitcoin payer can ascend towards 100
7:50
G's. Well, we're currently no. near there.
7:52
The 80,000 is the vital support to
7:54
watch out for which we just broke
7:57
below to the downside if that level
7:59
cracks. Next. I on the prize is 76-6,
8:01
which is pretty much the local low.
8:03
We have seen a couple of weeks
8:05
ago, and if that doesn't hold up,
8:08
we're likely to revisit 73 and most
8:10
likely retest the previous cycle all-time high
8:12
all the way down to 69. Geez.
8:14
Here's a four-hour chart. But what I'd
8:16
love to do is actually pull up
8:18
the live charts, but first I want
8:20
to reduce some of the silver lining.
8:23
New record, Bitcoin hash rate, even though
8:25
we're plummeting, the hash rate just set
8:27
a new all-time high, and as you
8:29
know, the Bitcoin price follows the
8:31
hash rate. Max Kaiser points out
8:33
that China and Russia have... card
8:36
up their sleeve to fight the
8:38
U.S. tariffs, the go-back stable coins
8:40
that start a run-out of the
8:42
U.S. banks in the U.S. dollar.
8:44
He also recently tweeted the deflationary
8:47
error that the globalization is over.
8:49
We have entered an inflationary era
8:51
of de-globilization. Americans will be shocked
8:53
at how high the prices go.
8:55
And many will be impoverished. The
8:58
error of financialization, starting with Reagan
9:00
and Thatcher, was the foundation of this
9:02
painful reckoning. and I promise to pull
9:04
up some of the live charts. Let's
9:07
do that really quick. Live chart action,
9:09
Jackson. And don't forget to pump the
9:11
likes family, I appreciate it. So yeah,
9:14
as you can see here, here's the
9:16
one hour chart. You can see three
9:18
consecutive bearish red candles that took us
9:20
all the way down to the 78
9:23
level and we're recovering a bit maintaining
9:25
just above 795 at the time of
9:27
the time of the live. We do
9:30
have a bear scenario sitting at 73,
9:32
sitting at 73. And zoom in a
9:34
little further, we take a look at
9:36
a four hour, four hour chart says,
9:38
you can see a huge red candle,
9:40
a more and happy 420 by the
9:42
way, a few different bull scenarios on
9:44
the board, one at 113-7, which takes
9:46
us back above price discovery. And we
9:48
also have one sitting at 1055. We
9:51
have a bare scenario, 73-5, which direction
9:53
do you think the pretty little bitty
9:55
will head next? Let me know. And
9:57
zoom in zoom it. We check out
9:59
the daily. daily chart says we're
10:01
going up forever, Laura, but we
10:03
got a temporary setback. Rising wedge,
10:05
bull scenario in the blue, sent
10:07
at 1.28. Good Lord, that's a
10:09
good target, sender, let her rip.
10:12
We have a red target sent
10:14
at 1.13 and a green target
10:16
at 1.13. A few bare scenarios,
10:18
one at just shy of 69.
10:20
We have one at 49 and
10:22
good lord, 34,000. That's wild. And
10:24
zoom it out from there, we
10:27
take a look at a... Next chart,
10:29
look at the weekly. As you can
10:31
see here, we still have the cup
10:33
and handle target of 124. A little,
10:35
obviously we dropped a lot, currently trading
10:38
sideways, million dollar question becomes do we
10:40
continue dropping, testing lower lows, or are
10:42
we likely to bounce back? You guys,
10:44
let me know your thoughts, I think,
10:47
with all this tariff. Crap, I don't
10:49
think things are going to recover miraculously,
10:51
you know, by tomorrow I think is
10:53
going to be a very bearish week,
10:56
but we shall soon see. I don't
10:58
have a crystal ball, obviously, so you
11:00
guys let me know your thoughts, and
11:02
I'll read your comments out loud. Let's
11:05
discuss a little deeper the Trump tariffs,
11:07
of course, after the infamous. Free stream,
11:09
billionaire investor would not be
11:12
surprised if Trump postpones the
11:14
tariffs. That's right, crypto-friendly billionaire,
11:16
extraordinary, investor Bill Ackman is
11:19
considering the possibility of the
11:21
potus pausing the implementation of
11:24
the controversial proposed tariffs on
11:26
April 7th, quoting him here.
11:28
One would have to imagine
11:31
Trumpster's phone has been wringing
11:33
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business.com. for him to make deals
12:01
before the terrorists are scheduled to take
12:03
effect. I would therefore not be surprised
12:05
to wake up on Monday with an
12:08
announcement from POTUS that he has postponed
12:10
the implementation of the terrorists to give
12:12
him time to make deals on April
12:14
2nd. Trump signed the executive order establishing
12:17
a 10% baseline tariff on all imports
12:19
from all countries which took effect. April
12:21
5th harsher reciprocal tariffs on trading partners
12:23
in which the US had the largest
12:25
trade deficits are scheduled to kick in
12:28
April 9th, which I guess would be
12:30
this Wednesday, right? Yeah. Now, Adkin,
12:32
who famously said crypto was here
12:34
to stay after the FTS class
12:36
in November 2022, said Trump captured
12:38
the attention of the world and
12:40
U.S. trading partners, backing the tariffs
12:43
as necessary after what he called
12:45
an unfair tariff regime. That hurt
12:47
U.S. workers in the economy over
12:49
many decades. Following Trump's announcement April
12:51
2, the U.S. stock market shed
12:53
more value during the April 4th
12:55
trading session than the entire crypto
12:57
market is currently worth that's crazy.
12:59
the attention of both crypto industry
13:02
supporters and skeptics quoting Cameron
13:04
Winklevos, founder of the Gemini
13:06
Exchange. For 50 years, our
13:08
country has been sold out
13:10
Main Street in favor of
13:12
Wall Street. Past presidents have
13:14
relentlessly pursued globalization, de-industrialization policies
13:16
that favored capital and decimated
13:18
the American middle class. Time
13:20
for change. Tariffs are going
13:22
to reset bad trade relationships.
13:24
Bill back the middle class
13:26
and make America great again.
13:28
If it requires short-term paying in
13:31
the form of a market sell-off for
13:33
long-term nation-saving gain, then I am okay
13:35
with it. Let me know if you
13:37
agree or disagree with one of the
13:39
Winkleballs twins there. Ackman said a pause
13:41
would be a logical move by the
13:43
Trumpster. And also let me know if
13:45
you think he would do a pause.
13:47
He says here, the risk of not
13:49
doing so is that the mass of
13:51
increase and uncertainty drives the economy into
13:53
a recession, potentially a severe one. What if
13:55
that's the goal? and they're just achieving their target
13:57
that's my question for you guys let me
13:59
know thoughts. And do you think there
14:01
will be some form of pause on
14:04
terrorist or do you think things will
14:06
continue to move as they are and
14:08
things will get a lot worse and
14:10
potentially push us into a recession? Let's
14:12
move into our next story the day
14:14
with the FTX repayments. I guess if
14:16
you were affected and you're expecting a
14:19
repayment you need to submit your KYC
14:21
info or you will not be. Repayed.
14:23
As headline reads, nearly 400,000 FTX users
14:25
risk losing to a half billion in
14:27
repayments. That's right. Roughly 392,000 FTX creditors
14:29
had failed to complete or at
14:32
least take the first steps for
14:34
the mandatory, know your customer verification,
14:36
according to the April 2nd court
14:39
filing, as practically everybody. So it's like
14:41
no one's getting their money back. It's
14:43
crazy right? FTX users originally had until
14:45
March 3rd to be in the verification
14:47
process to collect their claims. If a
14:49
holder of a claim listed on Schedule
14:52
1 attached there too did not commence
14:54
the KYC submission process with respect to
14:56
such a claim prior to March 3rd,
14:58
such claim shall be disallowed and expunged
15:00
in its entirety. So it sounds like
15:02
everyone's about to get screwed here. That
15:04
really sucks. The KYC deadline has been
15:06
extended now to June 1st because no
15:09
one's been filed. it out, giving users
15:11
another chance to verify their... people
15:13
rather not give up their personal
15:15
KYC info than get their money
15:17
back, they lost in FTX is
15:19
what that tells me. Those who
15:22
fail to meet... The new deadline
15:24
may have their claims permanently disqualified.
15:26
And according to the court documents,
15:28
claims under $50,000 could account for
15:30
roughly $65 million in disallowed repayments.
15:32
While claims of over $50,000 could
15:35
amount to just shy of $2
15:37
billion, bringing the total at-risk funds
15:39
to more than $2.5 billion, the
15:41
next round of the FTS creditor
15:43
repayments set from a 30th, with
15:45
over $11 billion expected to be
15:47
repaid of over $50,000. under FTX
15:50
recovery plan, 98% of the creditors
15:52
are expected to receive at least
15:54
118% of the original claim value
15:56
in cash. Now keep in mind
15:58
they all get screwed because. Hypothetically,
16:00
if you had one Bitcoin stuck on
16:02
the exchange in 2022 and they collapsed,
16:04
you're not getting the one Bitcoin today
16:07
worth about 80,000. You're getting the Fiat
16:09
equivalent at the bottom of the market
16:11
when it was like 18 G's, so
16:13
they couldn't have fucked. people more. Many
16:15
FTX users reported problems with the KYC,
16:17
so there you have it. Some people
16:19
probably can't even submit it because it's
16:21
like a big scam continuous. It's insane.
16:23
Users were unable to submit their KYC
16:25
documentation and resubmit their app and restart
16:28
the verification process. So they screwed everybody.
16:30
Not a good look, Bankman freed, not
16:32
a good look. Impacted users should email
16:34
support at ftx.com to receive a ticket
16:37
number, good luck with that, with 400,000
16:39
in the same situation. FTX, Bohemian subsidiary,
16:41
FTX Digital Markets, processed the first round
16:44
of repayments in February, distributing $1.2 billion
16:46
to the creditors. The crypto industry is
16:48
still recovering from the collapse of FTX
16:50
and more than 130 subsidiaries launched in
16:53
a series of insolvencies that led the
16:55
industry into the longest ever. It's turnie
16:57
time. And with Van Dool's dog of
16:57
It's turnie time! And with Van Dool's
16:59
dog of the day, you can get
17:02
a daily profit boost storing the college
17:04
conference championships to bet on any underdog!
17:06
So get ready to celebrate some upsets!
17:09
No one saw that coming. Except for me,
17:11
baby! 21 plus and president select
17:13
states. Optane required. Minimum
17:15
plus $100 required. Bonus
17:18
issued its non-withdrawable profit
17:20
boost tokens. Restrictions. Restrict
17:22
and supply, including token
17:24
expiration and Max-max expiration
17:26
expiration. Winter, we saw the
17:28
Bitcoin Prize bottom out, at 16G's, baby.
17:30
And while the market moving catalyst in
17:33
itself, the beginning of the FTX repayments
17:35
is a positive sign for the
17:37
maturation of the crypto industry, which
17:39
may see a significant portion reinvested
17:41
into crypto, chief operating officer at
17:43
Bitgett shared, but there you have
17:46
it. There's the latest with the
17:48
FTX repayments. How many of you
17:50
were impacted by FT directly? Lemoneau.
17:52
Shinkoo Guoyke says, hurry up, hurry
17:54
up, the song is Liddy Cheers
17:56
to the roaring kitty, that boring
17:58
kitty, not me! I'm for the
18:01
Bitty. I'm for the Nippinator.
18:03
I'm for Nipsey. This gong
18:05
strikes for you brother. Next
18:07
story, here we go. Let's
18:10
discuss a little economic.
18:12
Armageddon, after the infamous
18:14
freeze frame. Headline, I just read,
18:16
Dan Ives, the Senior Equities Analysts,
18:18
Overat. Wed Bush securities says Trump's
18:21
tariffs will likely lead to the
18:23
collapse of the U.S. tech sector
18:25
in a new CNBC interview. He
18:27
said Trump's sweeping and reciprocal, excuse
18:29
me, tariffs are bad news for
18:31
tech companies, particularly for firms relying
18:33
on China for parts and labor.
18:36
I wonder if the iPhone prices
18:38
are going to skyrocket now. Last
18:40
week, Trump issued an executive order
18:42
imposing a 10% tariff and all
18:44
imported goods entering the U.S. With
18:46
the stated goal of safeguarding domestic
18:48
manufacturing, Trump's executive order also details
18:51
country-specific tariffs leading to a cumulative
18:53
54% tariff on Chinese imports, and
18:55
as you know, everything is made
18:57
in China. According to Ives, U.S.
18:59
tech firms like Apple are now
19:01
under pressure to rethink their business
19:03
model amid the potential increase in
19:05
production costs, quoting them here. It's
19:08
essentially an economic Armageddon if these
19:10
tariffs stay in place. The reality
19:12
of talking in front of the
19:14
microphone in a 202 area code is
19:16
a lot different and the reality of moving
19:18
the supply chain. And I think it speaks
19:21
to our point that when you look at
19:23
the China exposed names from invidia to Apple,
19:25
to any semiconductor names, this is as nervous
19:28
as I've seen investors going back to the
19:30
Novid in March of 2020. I've said he
19:32
sees tech firms responding by the hike in
19:34
prices lead into demand destruction, quitting them here.
19:37
If they hold in their current form, then
19:39
essentially have 15 to 20% demand destruction across
19:41
the board in terms of costs that are
19:44
actually going to have to have to
19:46
come through. health management executive says that
19:48
at the end of the day, American
19:50
consumers will bear the brunt of Trump's
19:52
terrorists, quoting them here. Whoever is going
19:54
to pay it, it's the consumer, and
19:56
that's the reality. You can talk about
19:58
the terrorists all you'll want. Consumers are
20:00
going to pay it on the iPhones, they
20:03
are going to pay it on the electronics,
20:05
they are going to pay it across the
20:07
motherigan board, on guard. I'll let you try
20:09
my woo tank style. And there you
20:12
have it. Here's the latest from
20:14
Rich Dad, Mr. Robert Kiosaki, headline
20:16
reads, Kiosaki warns of the biggest
20:18
market crash has arrived, suggests three
20:20
non-wall street assets to weather the
20:23
storm, says that the stock market
20:25
meltdown that he predicted years ago
20:27
is finally underway underway. The best-selling
20:29
author goes on to share in
20:31
my book Rich Dad's prophecy. I
20:34
warned that the biggest stock market
20:36
crash in history was going to
20:38
wipe out the financial security of
20:40
millions of investors. That stock market
20:42
crash arrived today. We are definitely
20:45
in a recession and more than
20:47
likely a depression. Now what do
20:49
we define with depression in compared
20:51
to recession? Let me know guys.
20:53
Kiyasaki says he sees three non
20:56
Wall Street assets coming out on
20:58
top amid the stock market collapse.
21:00
What can a person do? Here's
21:02
what he says. As I have
21:04
been suggesting for years, I suggest
21:07
looking at non Wall Street assets.
21:09
For many years I have suggested
21:11
saving real gold. Real silver and
21:13
today, Bitcoin. And let me clarify,
21:15
I think when he says real
21:18
gold and real silver, not the
21:20
derivatives, which are the paper notes
21:22
claiming you own some, but actually
21:24
holding on to the real asset.
21:27
And today, Bitcoin! And notice the
21:29
Bitcoin is all capital. Kiosaki says
21:31
that the Fed and the Treasury
21:33
will likely debase the U.S. dollar
21:35
in an effort to prop up
21:37
the economy. He notes that the
21:40
U.S. dollar debasement will lead to
21:42
inflation and higher prices for scarce
21:44
assets like gold, silver, and bitcoin.
21:46
Why? Because after the paper market
21:48
crash wipes out millions of the
21:50
fake paper assets. Exactly. Odds are
21:53
the Fed and the Treasury will
21:55
turn the printing presses on full
21:57
speed. Printing trillions and fake
21:59
money. Silver and Bitcoin go
22:01
up in value. Now remember, Gold
22:03
Silver and Bitcoin are not going
22:05
up in price. What is happening
22:07
is the dollar is going down
22:09
in value, causing everything of values
22:11
such as food, housing and energy
22:14
to become more expensive, aka inflation
22:16
on the nation. And take care.
22:18
There are going to be rough
22:20
storms ahead. I think he makes
22:22
a great point. I think there's
22:24
no stopping inflation, especially at this
22:26
point. Now for our feature story
22:28
of the day, here's the Bitcoin
22:30
price prediction from Michael Saylor, if
22:32
Bitcoin actually hit a 500 trillion.
22:36
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23:00
You save. Offer valet through Fort's
23:02
who selection varies by location while
23:04
supplies last. cap
23:07
today is like 1.5 trillion so
23:09
this is very bullish but nonetheless
23:11
we're going to entertain it let's
23:13
discuss it I mean here's the
23:15
giga chat right here look at
23:17
that smile that grin on his
23:19
face that's right Bitcoin price get
23:21
a multi-million dollar value if strategy
23:24
chairman sailors 500 trillion market cap
23:26
comes to fruition Market analysts have
23:28
made several price assertions about the
23:30
pioneering crypto, but none that have
23:32
matched. The bold calls from Mikey
23:34
Saylor, strategy executive chair, a few
23:36
months after predicting a surge to $13
23:38
million in 20 years. The Bitcoin Evangelist,
23:41
aka the Bitcoin alchemists, recently up to
23:43
his outlook. The crypto basic reported that
23:45
Saylor placed the high-end bet, the debating
23:48
market cap, will hit $500 trillion, and
23:50
just to give you some perspective, I
23:52
believe there's like the total addressable market
23:54
of like... all the money in the
23:57
world is like 900 trillion which virtually
23:59
means like one out of every
24:01
two dollars in existence. would be
24:04
inside Bitcoin. Despite seeming glaringly daunting,
24:06
he has remained unwavering in his
24:09
Bitcoin volitionists and long-term ambitious projections.
24:11
My ambitions as a rata rah
24:13
to rah. This piece analyzes why
24:16
Saylor shared this view and its
24:18
price implications for the pre-lobitty going
24:20
up forever Laura. Interestingly, Saylor claims
24:23
that the Bitcoin revolution is unstoppable.
24:25
I second that. Branding it as
24:28
the 21st century asset. He based
24:30
his 500 trillion market on a
24:32
capital shift from several financial vehicles
24:35
to the leading cryptocurrency. The strategy
24:37
executive noted liquidity will flow from
24:39
foreign fiscal and 20th century assets
24:42
into the pretty little bitty. He
24:44
predicted that the asset would demonetize
24:47
every long-term store of value including
24:49
gold and real estate and quoting
24:51
Max. Gold is the poor man's.
24:54
Bitcoin! And furthermore, Saylor suggested that Bitcoin
24:56
is the next evolution of money and
24:58
would stir a shift from physical to
25:00
digital assets, attracting staggering inflows from legacy
25:02
financial instruments. And as a result, he
25:05
urged the U.S. to stay ahead of
25:07
the curve and acquire 25 to 30
25:09
percent of the assets total cap. That's
25:11
right. He was recently at the White
25:13
House for the crypto summit and proposed
25:15
to Trump and his team, yo, you
25:17
need to purchase... 25% of the Bitcoin
25:20
supply, which is 5.25 million of the
25:22
pretty little bitty. Meanwhile, if sailor's assertions
25:24
prove true, Bitcoin's limited supply
25:26
property because park its supply
25:28
shock. catalyzing a parabolic price
25:30
expansion for the premier asset.
25:32
Notably recent escalating interest in
25:34
Bitcoin amongst nations and large
25:36
financial institutions suggest it can
25:38
attain the level of demand
25:40
of the strategy co-founder projects
25:43
it. For the uninitiated Bitcoin
25:45
as a current circulating supply
25:47
of 19.84 million in a
25:49
fully diluted supply, a 21
25:51
million, baby. That's a blackjack.
25:53
Hence a hypothetical mark again, a
25:55
500 trillion is about 30,860% off
25:58
its current valuation, a 1. $1.615
26:00
trillion. Using its total supply of
26:02
21 million BTC in the equation
26:04
that in assets price as a
26:06
function of the market cap divided
26:08
by the supply the bitty price
26:10
would hit 23.8 million dollars per
26:12
coin at a 500 trillion valuation
26:15
I think it would be way
26:17
higher personally I think it'd be
26:19
a hundred million or more with
26:21
that's just me however a calculating
26:23
calculation using the current price circulating
26:25
supply of 81 thousand and a
26:27
19.84 million was the Bitcoin hit
26:29
an impressive 25.2 million per coin
26:32
at a 30% 30,000% surge.
26:34
These projections remain largely speculative.
26:36
Of course, at press time
26:38
and should not constitute investment
26:40
advice. In fact, I dare
26:42
say there's never investment advice
26:44
given on this live stream.
26:46
Everything I share is for
26:48
entertainment purposes only. Whether we're
26:50
projecting Bitcoin correcting or soaring
26:52
in the future, do make
26:54
note of it. Bitcoin is
26:57
superior savings technology, but there
26:59
is no guarantee on anything. in
27:01
life there's no guarantee we wake up
27:03
tomorrow and that's just a fact jack
27:05
and so with that being shared let
27:07
me know your thoughts and where do
27:09
you feel the pretty little bitty would
27:11
likely go just hypothetically speaking if all
27:13
that money in the world 500 trillion
27:15
flowed into the market cap a Bitcoin
27:17
I'm gonna say a hundred million per
27:19
coin and I'm sticking to it and
27:21
if you don't know now you know
27:23
welcome everyone to the Q&A segment of
27:25
the live stream. And don't forget to
27:27
check out kryptonu alerts.net for the full
27:30
premium experience with video and to participate
27:32
in our live Q&A. And I look
27:34
forward to seeing you on tomorrow's episode,
27:36
huddle!
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