“One Bitcoin Will Hit $1 Billion By This Date” - Fidelity

“One Bitcoin Will Hit $1 Billion By This Date” - Fidelity

Released Saturday, 21st October 2023
 1 person rated this episode
“One Bitcoin Will Hit $1 Billion By This Date” - Fidelity

“One Bitcoin Will Hit $1 Billion By This Date” - Fidelity

“One Bitcoin Will Hit $1 Billion By This Date” - Fidelity

“One Bitcoin Will Hit $1 Billion By This Date” - Fidelity

Saturday, 21st October 2023
 1 person rated this episode
Rate Episode

Episode Transcript

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0:00

Find the New York City home that's right for you

0:02

with StreetEasy. It's how New Yorkers buy,

0:05

sell and rent. To learn more, head to StreetEasy.com

0:08

or download the StreetEasy app. StreetEasy

0:10

is an assumed name of Zillow Incorporated, which has licenses

0:13

in all 50 states. Visit StreetEasy.com

0:15

to learn more.

0:18

Welcome everybody to podcast episode

0:20

number 1437, the number one daily Bitcoin pod, crypto news

0:26

alerts. Let's get it. Today's

0:28

show, I'll be breaking down the latest Bitcoin

0:30

technical analysis as Bitcoin reclaims

0:34

$30,000 and quoting Max Keiser, by 2030,

0:37

the market cap of Volcano Energy and the GDP

0:39

of El Salvador will both reach $50 billion

0:41

as we expand geothermal mining.

0:44

And then the price of Bitcoin skyrockets

0:46

to $1 million per coin. It

0:48

is a mathematical certainty

0:51

preach and quoting Max all the way back

0:53

from 2013. Did I mention how good

0:55

it feels to be a Bitcoin millionaire? And

0:57

FYI, Bitcoin was trading at $46 back then. Also

1:01

in today's show, breaking news, Sam Bankman-Fried

1:04

asked FTX attorney to come up with the legal

1:06

argument for the $8 billion hold.

1:09

Also breaking news, FinCEN targets crypto

1:12

mixers over laundering and national security

1:15

concerns and quoting Lynn Alden, a

1:17

lot of people are caught up with bullishness on the

1:19

potential Bitcoin ETF. Meanwhile,

1:21

FinCEN is proposing to apply section 311 of

1:24

the Patriot Act against basically all types

1:26

of crypto privacy, including on

1:29

noncustodial methods. Also in today's

1:31

show, Bitcoin to usher in a huge push

1:33

towards $70,000, according to top

1:36

crypto analysts, as well as I'm

1:39

going to be sharing why this renowned finance author

1:41

believes the Bitcoin price is headed to $135,000 per coin, quoting

1:43

Rich Dad here, gold will soon

1:47

break through $2,100 and then take off. You

1:50

will wish you had bought gold below $2,000. Next

1:53

stop for gold $3,700. Bitcoin

1:55

is testing $30,000. Next stop

1:57

Bitcoin $135,000.

1:59

Silver is $1,000 to $16 a month. Savers

2:03

or fake dollars aren't up. Please tell

2:05

your friends to wake up. Take

2:07

care. Word. Word said.

2:09

Also, Fidelity, one of the world's largest asset

2:11

managers that controls 4.5 trillion in assets

2:14

under management and currently has 43 million

2:16

investors using their services, recently

2:19

published a new research report explaining

2:21

why investors should consider and

2:24

buy Bitcoin. I'm also gonna be breaking down

2:26

for

2:26

you their $1 billion Bitcoin

2:28

price target, along with their timeline.

2:31

We'll also be taking a look at the overall crypto market.

2:33

All of this, on some of my videos.

2:36

So. Oh, yeah.

2:43

Yo, what's good, crypto fam? This is first

2:45

and foremost, a video show. So if you want

2:47

the full premium experience with video,

2:49

visit my YouTube channel at cryptonewsalerts.net.

2:53

Again, that's cryptonewsalerts.net.

2:56

As you can see, the entire

2:57

market is back in the green and conquering literally

3:00

all the major cryptos. With Bitcoin

3:02

up 2%, hitting above 30,100 at the time. And

3:07

as usual, hitting back above 1,500. A

3:10

lot of 10% so we're just under $30. As

3:12

the fund is continuing, and FedEx is calling

3:15

more and more and more cryptos and more and more. FedEx

3:17

at 1.1 trillion, up 2% to the day, but

3:20

rocking 40 billion in volume in the past 24

3:23

hours. With Bitcoin dominance also

3:25

on the climb at 51.6%. With

3:29

Ether dominance

3:29

at 17.2%, even. All

3:32

right, now checking out the top 100 crypto gainers

3:35

of the past 24 hours. We got

3:37

Chainlink leading the pace, leading the

3:39

market to 16%, trading at roughly $1.90. Alibi

3:43

Aptos up 13%, trading at $5.73. Alibi

3:47

Phantom up 11.5%, trading

3:49

just above 20 cents. Let's

3:51

get it. And checking out the top 100 crypto

3:54

gainers of the past week. Virtually everything

3:56

is in the green. Hacks

3:57

leading this pack up over 40%.

4:01

I didn't have enough time to mess with

4:04

it and I needed to go live and didn't want

4:06

to miss

4:09

out. I understand it does

4:10

sound a little echo-y and this is

4:12

something I'll play with in tips for tomorrow's show.

4:15

I had to switch streaming

4:17

software if you didn't know hence why I wasn't live

4:19

yesterday

4:20

just as a FYI. My

4:23

typical software I've been streaming with for the past

4:25

four or five years which is called OBS.

4:28

I updated it. It stopped working. So

4:31

I have nothing to see much but I had to get a new software

4:33

called R-Screen

4:34

Lab and it probably requires

4:36

me to be doing that computer to mess with the audio

4:39

and I just didn't have enough time to do so. So my

4:41

apologies. The problem is flapping.

4:43

It is waiting

4:44

but for the initial

4:46

I promise the audio will be on par because

4:48

I have all the right equipment. It's just not the right

4:51

settings and I have to figure it out for chance.

4:53

That is what it is but nonetheless

4:55

at least we've got a live show right?

4:58

So I appreciate this person and much love either

5:00

way and much love much respect. I appreciate

5:02

it's all. You're the wrong duty. Anyways

5:04

back to our screen

5:06

here. You can see all the major trip

5:08

days pumping in in the green and then all the trip

5:10

days you didn't see your index. We're turning it into a 63

5:13

and we left a little 53. Last

5:15

week a 47 and last month also a 47 which

5:18

is a 63. It's neutral.

5:21

They want it. Click those on.

5:24

This episode is great for you to see. You need

5:26

to make sure it means taking midterms

5:29

and tunnels. But don't worry. Assemble

5:31

your study group and let extra refreshers

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be your extra study buddy. Hit

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those late night library sessions and chew

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exams won't know what hit them. Chew hard

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and study harder with extra refreshers.

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In store now. Tap the banner to learn more.

5:49

How many of you are currently bullets on the King

5:51

crypto? Let me know. How many of you took

5:53

advantage of this recent dip? I'm nice

5:55

to boy. And don't be a stranger. This is

5:57

a live and interactive chat. we

6:00

will be referring to the message they've received.

6:02

Now this breakdown of Bitcoin technical

6:04

analysis for today, so I'll take a look at the charts. I

6:07

want to tell you that crypto is likely to

6:09

go max. Here we go. This

6:11

is actually the chart as

6:12

of yesterday, October 20th, as we

6:14

tap 30,000 and today, day jazoo,

6:17

we reclaim 30,000 once again,

6:20

as we continue to climb.

6:22

Now for crypto analyst, Keith Allen,

6:24

the co-founder of monitoring resource material integators,

6:27

the 100 week moving order that's 28.6, with

6:30

a particular and two things in here.

6:32

This move is one to watch. Well, what I'm watching

6:35

for now is to see if the weekly candle closes

6:37

above the 100 week moving average and if next

6:39

week's candle can stay above it with no width

6:42

below. I might consider that a confirmation

6:44

of a bold breakout, but this market is known

6:46

for squeezes and fakeouts. So I'm looking

6:48

for more confirmation for me. Bitcoin

6:51

will also need to take out the prior resistance at 30,500,

6:53

31,500 and ultimately 33,000 to

6:57

call the bold breakout in terms and

6:59

validated.

7:00

So there you have it, Sam. And

7:02

eyeing requires support zones. Popular

7:05

trader consumers who climb that level on 29

7:07

at the line in the sand, to both the hold

7:09

and lo and behold, we're obviously trading above 30,000

7:13

at the time of this live stream

7:15

and tracking the low timeframe market conditions,

7:17

fellow trader, SKU, suggested

7:19

the sweep of late longs can result

7:21

in an entry opportunity prior outside

7:24

resuming, quoting him here, I suspect

7:26

longs are starting to follow and here

7:28

around 30,000. And

7:30

he also says if this long timeframe

7:32

trend breaks a nice sweep could be a nice entry

7:35

before higher, wouldn't he surprise

7:37

to see something that could

7:39

help the money of the three, or just a

7:41

new list, a crypto analyst,

7:44

and in an optimistic longer timeframe

7:46

view, trader team stock money lizards,

7:48

predicts that the resistance immediately above 30,000 would

7:52

soon crack, quoting him here, 31 to 32,000

7:54

will break soon.

7:56

Yes, many of you will

7:58

want more. This

8:01

year, the action and approval will be

8:03

each rider running

8:05

up to your radius of 3 with

8:10

DRS. Now, you also reference your team for

8:12

access to the Hadden schedule for April

8:14

of 2024, roughly six

8:17

months out. Now, there you have seen

8:19

the big car going along the backside there. It shares

8:21

by 2030 the market totalization of all

8:23

terminal energy in the GDP of

8:25

El Salvador for both

8:26

routes, if you build on dollars, as they expand

8:28

the geothermal mining and enterprise next week for

8:31

a unit to $1 million. And

8:33

now, the

8:36

share always has a $1.9 million

8:39

dollar deal for the Bitcoin box. Did

8:41

I mention how good it feels to be a Bitcoin

8:43

millionaire? You didn't ask,

8:45

because back then, obviously, the Bitcoin

8:48

price has surged quite a lot and

8:50

that would ultimately mean that

9:08

Bitcoin

9:18

no alt. Chris Minka,

9:20

this is the way to get a shout out and be recognized

9:22

on the show. So, make sure to comment.

9:25

Also, for those of you not subscribed to the channel,

9:27

you'll notice, if you subscribe,

9:29

some animation will pop-up. Congratulations

9:31

to new subscribers. We also added that on Streamlabs.

9:34

I think we got everything good to go. The

9:36

last thing is getting this audio sorted out,

9:39

so there's no echo and that it is superb. And

9:41

that's my goal for tomorrow's show, to have

9:43

everything streamlined and perfect

9:45

for you. Anyway, Sam, let's

9:47

continue with where we left off and

9:50

let's break down our next story of the day. And

9:52

that's the $9 or $8 billion

9:55

hole with X yet. And the latest

9:57

of what's going

9:58

on with the ongoing soda.

9:59

says first date data down.

10:01

Former FTFCJ Foundation

10:04

freed, instructed former general

10:06

counsel, Ken Sun, to come up with any

10:08

legal explanation for that eight-day

10:10

not a hole in Alameda Research Books. According

10:12

to Sun's testimony on October 19th, Sun

10:15

flew from Japan to testify in the ongoing trial

10:18

after a disarmed prosecution agreement with

10:20

the US Department of Justice. During his testimony,

10:22

Sun revealed that he had learned of the billion-dollar

10:25

hole between the two companies on November 7th after

10:27

receiving a third deed communicating the

10:29

debt to Japan in the start. Now,

10:32

asset manager Apollo Hall, who was intended

10:34

to receive the third deed, was also prompted

10:36

to raise new funding during the liquidity

10:39

crunch of early November in response

10:41

to the Apollo inquiry about

10:43

the eight-billion hole that he allegedly asked

10:45

Sun to come up with legal justification.

10:48

And as Sun admitted in his testimony, he

10:50

had considered some legal options. Among them

10:52

were dormancy fees and collateral liquidation

10:55

during the market downturn. But the missing

10:57

amounts were too large to ignore.

10:59

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11:24

Also, the FTF terms of services were

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11:29

the users, including in here. None of the digital

11:31

assets in your account are the property of

11:33

or shall or may be loaned to FTF

11:35

trading. FTF trading does not represent

11:38

the fleet with new assets as

11:40

users'

11:41

accounts belonging to FTF

11:43

trading. Now, Bankman Fleet wasn't surprised

11:45

at all with the circumstances. Sun claimed

11:47

while the former engineering director,

11:49

Nishad Singh, was gray like

11:51

his soul was taken from him. Later

11:53

on in the day, Sun learned from Singh about Alameda's

11:57

$65,000 sales with a... He

12:00

designed an act in over the years after

12:02

joining the EXPLONE during his

12:04

time

12:04

at the company, he signed a lot of banking free

12:07

assurance that funds were segregated to

12:09

produce legal documents, that's yet to

12:11

answer inquiries from regulators. He told juries,

12:14

I've never approved anything like

12:16

that. And as shared here, uh,

12:19

what do you think of the situation of banking

12:21

free that his own suit suit? Let me

12:23

know your thoughts then. Now what's next in

12:25

the banking free trial? Some testimony

12:27

was called a busy week for the trial which on 9

12:29

Wednesday, shared details of the month

12:32

are appreciated. The

12:34

banking free is confirmed

12:36

but it will be in

12:39

the case.

12:45

The banking free is a key that can

12:47

account for fraud and conspiracy to commit

12:50

fraud against F.S. customers and investors

12:52

and it's currently facing up to 115

12:55

years of jail time this.

12:57

Sound guilty.

12:58

Today I have had things are not looking pretty,

13:01

for described as being free. He

13:04

is guilty according to all the executives

13:07

of FTX and Alameda,

13:09

including Gary Wang and Caroline Ellison.

13:11

They all knew and say he knew what he was up

13:13

to and that he was scheming and even though things...I

13:15

didn't

13:15

know what I was doing. I had all the good intentions

13:18

in the world. I would never do this to anybody. I let

13:21

you judge. Just saying, Sam, anyways,

13:23

I'll be keeping you up to date and posted with the latest

13:25

updates as they come in. Now

13:27

let's break down our next

13:28

story today. It's something you need to be aware of and

13:30

that's thin, thin and we're in Alden calling

13:32

them out for offering unethical

13:35

regulation as well. So let's break this

13:37

latest story.

13:48

Okay. As

13:49

you can see here, yeah,

13:52

I mean the latest update, Fincin's goal

13:54

is to mandate financial institutions to report

13:56

transactions involving international CBC

13:59

mixing services. I'm

14:00

a firm manager at the Open Acute Me and I'm a national educator.

14:04

I'm a global Bitcoin fan of

14:07

mixed-in services using coin join.

14:08

Enable users to combine their transactions

14:11

thereby nasking the origins and endpoints

14:13

of the funds. How

14:16

many of you have used coin join before? Right now, I even

14:18

think it's integrated nowadays with some of the hardware

14:20

wallets such as Trezor. Now, Andrea Gatton, Director

14:23

of FinCEN, remarked

14:25

that virtual currency, mixing services, empowers

14:28

the ransomware ecosystem. Roosh,

14:30

reactors, and other criminals to form an open-air city.

14:33

Matthew Trezory,

14:35

Dr. Saree Wale, emphasized

14:37

the department's dedication to thwarting

14:40

crypto-mixing utilization by terrorists,

14:42

cyber-criminals, and those evading stentions.

14:45

Now, following the Treasury Department's classification of

14:47

multiple crypto-mixing services of the past year, such

14:49

as TornadoCast and Blender.io,

14:52

new regulations were proposed. It alleged

14:55

that these perform catered and moderate

14:56

millions of dollars from that linked

14:58

to countries like North Korea. The

15:01

Federal Agency said that TornadoCast provided

15:04

mixing

15:04

services to anticipated the movement

15:06

to build a future in 55 million

15:08

groups. And in March of 2022, IDAFAC

15:12

designated North Korea-controlled Lazarus

15:14

Group in the largest known virtual currency,

15:17

highest known to date. However,

15:19

advocates of privacy assert that clampdowns on mixers

15:22

negatively affect the vanilla users dependent upon them. Coin

15:25

Center, a nonprofit emphasizing

15:28

crypto-policy matters, logs the complaint against the Treasury

15:30

Department concerning TornadoCast

15:33

prohibition

15:33

in October of last year, claiming

15:36

it surpasses the Treasury's statutory

15:38

ability. Now, even trans-actions

15:40

can feel the user identities by merging funds from varied

15:43

origins. Such actions can

15:45

maintain privacy without malicious intent. Nonetheless,

15:47

it can sense that these instruments

15:50

are exploited by nefarious individuals.

15:52

Now, besides TornadoCast

15:55

and Blender.io, the Office of Foreign Assets

15:57

Control has been fragmented. Time

16:00

to alert wrongdoers. Some

16:02

speculate that future proof-of-stake

16:04

validators and proof-of-work miners will possess the

16:07

capability to block transactions based

16:09

on sanctioned individuals and addresses.

16:12

The Ethereum ecosystem

16:13

has been cautious of this complaint. Blocked

16:15

over the preceding two years with 30% of

16:18

the Ethereum blocks currently complying

16:20

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16:48

Unfoldable, an early-March 2010 rule, the

16:50

next year-long token marathon produced

16:52

the first ETH-containing block.

16:55

However,

16:55

this approach was subsequently abandoned by the mining

16:57

firm. Now, for instance, the latest

17:00

action follows a caller action led by

17:02

the one and only notorious Senator

17:04

Elizabeth Warren. And if you

17:06

want to know how

17:07

we really feel about her, I'm going to

17:09

have to point you to the next guy. You've

17:11

got to hear the clip of him talking about Elizabeth Warren.

17:14

Anyways, they have been pressing the Biden administration

17:17

to tackle the issue of crypto-illicit

17:19

financial risk. And now for some words

17:21

from

17:22

Lynn Alden. A lot of people are caught up with

17:24

bullishness on the potential Bitcoin

17:26

ETF. Meanwhile, Simpson is proposing

17:29

to apply Section 311 of the Patent

17:31

Act against basically all types of crypto

17:34

privacy, including on non-custodial

17:37

methods. I want to thank my

17:39

beautiful, handsome tutors and staff, Lynn

17:42

Alden, for bringing this to our attention. So

17:44

there you have it. Let me know

17:47

how many of you have used mixed-use services or plan

17:49

on using them in the future. And what are your thoughts

17:51

regarding Simpson and her continued unlawful

17:54

regulation

17:55

against Bitcoin and the crypto market? Let

17:57

me know your own thoughts in the comments right

17:59

down below. We have a question

18:02

from this crypto analyst, Kevin Simpson,

18:05

with Breaklist ADM.

18:07

Our

18:10

Simpson expresses a bullet of sentiment on the nickname

18:12

of the flagship digital asset revisiting four-month

18:15

high. He shared with his subs

18:17

in a new video that once Bitcoin converts a key

18:19

resistance level into support,

18:20

Bitcoin can then appreciate by

18:22

about 130% from the current price. According

18:25

to him here, ultimately, once we get above

18:28

that $32,000 on the resistance, and

18:30

we put that in confirmative support, that's

18:32

all over the return of these two

18:37

shares over $69,000 as outlined right here in this chart.

18:40

Now,

18:40

according to Simpson, the volatility of Bitcoin will

18:42

rise once the $32,000 resistance level

18:44

puts the support. And again, once

18:47

we break above this resistance at $32,000,

18:49

we'll start

18:49

re-entering the change to $32,000 instead

18:51

of the following. The swings are going

18:54

to likely start to come up quickly, but

18:56

as you can see from $32,000 to the top of the lows,

18:58

the top, these swings are pretty added.

19:01

So once we get above that $32,000 level,

19:03

we can see that as support, the swings

19:04

will likely start to

19:05

come and move. Even if we don't break

19:08

into the high initiates, this $9,000, I think

19:10

we're going to see huge volatility move at $32,000.

19:14

Again, as outlined right here in this chart, it

19:16

also seems to predict Bitcoin will rally above $17,000,

19:18

clearly in the coming

19:20

years. Simpson says that

19:22

the approval for the top of the green-hand, the data

19:24

is now at $32,000, according to the

19:36

above

19:41

to surprise us. Well said. Now

19:43

let me know if you did just see the analyst and watch

19:45

this video he did, check to show us both video and

19:48

other stations. Very added. I mean,

19:50

we all know $70,000 is only

19:52

a matter of time as we're entering 2024 and the previous

19:54

all-time high is $69,000, even if we're only $2,000.

19:58

all-time high for

20:00

this new single, then we're still realistically

20:03

looking at $138,000, $1,620,000. And

20:05

if you get $138,000, Bitcoin price action, according to

20:07

Robert Kiyosaki, Rick

20:12

Stadt, author of Rick

20:13

Stadt's word address, infamous finance

20:16

top-selling book in the world, he

20:18

claims Bitcoin is heading to $135,000.

20:21

Let's break this down. We'll break

20:22

down the latest from Fidelity, along

20:24

with their billion dollars, different price position,

20:27

along with their latest reports on why

20:29

you should buy Bitcoin for

20:31

the day on live Q&A. Again, I'm going to turn

20:33

off everyone who I share. I apologize

20:35

for the ugly audio. This is my

20:37

first time streaming on a brand new platform

20:40

called Streamlab. And again, please

20:42

work with me by tomorrow. We'll be back to normal

20:44

with ideal superb audio

20:46

quality. That's my goal, fan. Anyways,

20:48

Japanese American entrepreneur and author of

20:50

the famous Rick Stadt's word address book, Robert

20:52

Kiyosaki, who stated recently that it's

20:55

going to be $135,000. After breaking

20:58

that $35,000 mark, let's let you

21:00

know. Here's the infamous key, Senator

21:02

Stadt. Gold will soon go through $21,000.

21:06

You will be here for a new version of the

21:08

new book. The next book, $9,700,

21:11

and $10,100,000. The next book, it is $5,000, so $125,000. $10,000, $9,000.

21:20

He's telling the hunk to the top and to

21:23

take care of it. Very bold words.

21:25

I haven't found it yet. And with his recent predictions

21:27

suggesting that it can't come back as

21:29

full of tremendous gifts, it surpasses

21:32

the crucial $3,000 model to fit their

21:34

communities out of the global hunk. That $10,000

21:37

could be sustained. However, he is

21:39

going to be bringing the $30,000 to $10,000. However,

21:41

it's nearly $10,000 in Saturday. And

21:44

it is not good that $30,000 level.

21:48

He also added that $30,000 are asked.

21:50

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or Bed

23:29

and Effect on the poor and middle

23:31

class because they work and save US dollars

23:33

making them poorer and unable to accumulate

23:35

wealth without managers and even more

23:37

straight-pancin. I think we're losing

23:40

the middle class and investors in

23:42

the green community.

23:44

He said that the rich get even more wealthy

23:47

doing

23:47

inflation because they say valuable investment

23:50

assets like gold, silver, and Bitcoin

23:52

with Bitcoin clearly being the attack spreader.

23:55

This theory holds some hope. Seeing that the wealthy

23:57

usually have more.

23:59

and you just set up appreciate

24:02

the increasing period. And

24:04

I think this is 100% real. And

24:07

if you think about this for

24:09

a moment, because you have more money to invest

24:11

because you're in the wealthy class, then you can buy up

24:13

all

24:13

the assets which are appreciated. Whether

24:16

that be real estate property,

24:18

or digital property with more

24:20

sales to do. Such as HitKron, which we

24:22

all know and has 21 million supply,

24:25

which is a limited time I've met it

24:27

supply on my golden record. And

24:30

as you can see,

24:31

congratulations, faces do now. I

24:34

appreciate you subscribing to the

24:35

channel. You got to see that animation in real time,

24:38

which is awesome. Much love and much respect.

24:40

Now, before I dive into our main story today,

24:42

I just wanna shout y'all out again on

24:45

YouTube, as well as in the rumble chat, if

24:47

you didn't know we stream live. Final

24:49

thing, this is on full form. Right

24:52

now you're looking at the YouTube chat, set up to your

24:54

wallet and bro, and then Fescue,

24:57

yeah,

24:57

Billy Bitcoin, we do last 10 years, but

25:00

Bitcoin will be re-tiered at the coming 10

25:02

years. We've got some things, they do

25:05

a business,

25:05

my man. Come out to the moderators

25:07

doing a fantastic

25:08

job, also a bit of an anatomist, much

25:10

respect. We're at the end, we appreciate

25:12

that. So you say we're not calling these 10 years, we're

25:14

gonna keep talking and talking, you gotta do what you

25:16

gotta do. You know?

25:18

I'm not too jay, you know what I mean? Shout out to MJ,

25:21

shout out Kevin Walters, our adoption,

25:24

couldn't see you as well, Sam and Bracey talking

25:25

about factory, what it do, talk about income at I,

25:28

Robert Blayes for 17,000, and the coming year

25:31

is conservative. Absolutely, just

25:33

like a new business, I would label that

25:35

easy beauty. And shout out to

25:37

MJ, and the background is in the original, or

25:40

the same as well, you get to take a

25:42

look at our second newsletter, and

25:44

if you don't know now, you know, that's it for today.

25:47

But anyways, Sam? Yes. Yeah,

25:49

it does. Now for our future

25:51

story today, we have one of the largest

25:53

asset managers in the world, which

25:56

is Fidelity, which currently controls over 4,000 models

25:59

and aren't

27:59

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28:26

Next up, Fidelity compares Bitcoin

28:28

to the real. Coding in here, the invention of the real represented

28:31

an entirely new thing that

28:34

once invented can never be reinvented. And similarly,

28:36

never in human history had the problem of peer-to-peer

28:38

electronic paths been solved until

28:41

Bitcoin. Great,

28:42

that's a fact. Next day, Sir, Fidelity

28:45

is amazed that the coin survived.

28:47

Coding in here, every minute, hour, day, and

28:50

year that Bitcoin survived increases

28:52

its chances of continuing into the future.

28:54

People were told we underestimate all the negative

28:57

events that Bitcoin has already endured.

28:59

According

28:59

to Michael Saylor, Bitcoin is more

29:01

likely to hit a million

29:02

dollars than go to zero. Take that,

29:05

Pew. Hardly

29:08

notable data showing how secure the

29:10

Bitcoin network is. Compare to

29:12

other coins. Coding in here, consensus

29:14

here, computational power required

29:17

to alter the network's consensus. Bitcoin's

29:19

stack sees any remaining proof-of-work

29:22

competitors. That's right, there are no competitors

29:24

because as Michael

29:25

Saylor once said, there is a second half.

29:27

Know what I mean? Let me know if you can relate. Next

29:30

up, Fidelity compares Bitcoin to the internet. The

29:32

internet protocol suite known as TCP

29:34

and IP is an open source based layer with

29:36

apps on top of it, which is a lot. How

29:39

many Bitcoin would you assume to be able

29:41

to own the base layer of the internet? So

29:43

how many of you

29:44

own the base layer of the internet, aka

29:46

Bitcoin? Let us know in the comments right down

29:48

below. Next up, Fidelity writes, Bitcoin

29:51

continues to dominate the market capitalization

29:53

of all the competing currency

29:56

tokens. Half and in half, the

29:58

Bitcoin community continues to... We're

30:00

currently above 51.5% which

30:02

virtually means it's a 51% attack

30:05

on the Altcoin market. It's a million dollar question.

30:07

It becomes, how high will the Bitcoin dollar is

30:09

likely to climb this cycle? Can you see 60%?

30:13

Potentially 90%? Let me know

30:14

your thoughts in the comments right down below.

30:17

Now to the next point. Fidelity agrees

30:19

that Bitcoin is useful. It appears at this

30:21

point that Bitcoin has found a role

30:23

in the

30:23

digital asset ecosystem as a share

30:26

of the unit asset at the very least.

30:29

And that they make a good point. Yes sir. Fidelity

30:31

concludes Bitcoin could be considered free. And

30:34

therefore it's completely different from the latter. And

30:36

how solid it is. I agree again to

30:38

DAX Predator. And to read

30:41

this entire report by Fidelity,

30:43

such as the show notes for the video and the description,

30:45

I'll include it for you as I do in each

30:47

and every episode. Now to discuss their

30:50

internet. One billion dollar Bitcoin

30:52

price. And that's why it's not worth it. Fidelity

30:56

is a value of $1 billion per coin in

30:58

roughly two decades,

31:18

specifically around the year 2038. And

31:20

to support his forecast, Temer employed a combination

31:23

of models and charts with a particular focus

31:25

on the stock-to-flow model and his own demand model.

31:27

These analytical tools formed a foundation

31:30

of his

31:30

primary prediction, which you can see

31:32

in this chart that shows you the Bitcoin supply and

31:35

demand model, which we

31:37

can go in more detail later. The burden

31:39

of rule and

31:40

courage in the past law. And according to this, the

31:42

number of

31:42

its users goes manually. A network's

31:45

value interference of Bitcoin price

31:47

grows geometrically. This means that

31:49

the utility and adoption of Bitcoin are expected

31:51

to grow more rapidly compared to its network

31:54

of users exchanging as ATM and

31:56

participating retailers. Therefore, this model

31:58

produces a bit of a...

32:00

He is the new 1530. It

32:03

is usually a disagreement, but we can actually help

32:05

you between the new and now, signed by the

32:08

Hispanic Student Adetecate, which is right in alignment

32:10

with what we would have offered back. And in contrast,

32:12

to our thought-fulfers for this model, noted

32:15

that the event of significant price surges will

32:17

only be set in an act. And consequently,

32:19

when considering this model of conjunction

32:21

with other factors, it foresees a

32:24

price range of $1 million to $10 million in

32:26

Bitcoin

32:26

by the year 2030. Not

32:28

some of the demand model is more inclined towards

32:31

the

32:44

last. Now, in the year 2030, the

32:47

reason behind this debt is

32:49

expected to be the changing value of the model

32:52

and the decision being is right in that number

32:54

proposes that the value of

32:56

the dollar under those fluctuations over time

32:58

and compared to the other assets, for instance. Now,

33:01

if one dollar was invested in fees from

33:03

the 1820, it would be $1 million.

33:09

The attempt to imply that if this $1 million

33:11

is invested today, the

33:12

converter $1 billion in a firm for 20 years. This

33:16

further revealed that the person power for dollar

33:18

has to be

33:19

reduced to a factor of inflation

33:22

and depreciation as well as an alternative

33:25

thoughts and a statement implied that keeping a fixed amount

33:27

of dollars for many years may lead to reduced

33:29

person power to the assets turned

33:32

in value. And over the last few years,

33:34

an increasing number

33:34

of companies are taking over the one-billion market

33:37

interest. This is a review of the

33:39

new sustainable that in the next two decades,

33:41

the concept of a $1 million valuation

33:43

will become a lot more common so much that individuals

33:46

themselves can be worth a $1 million

33:49

or more. In fact, who do you think will be the first

33:51

showing air on this earth? Let me know,

33:53

fans. KB Michael Faylor, KBCZ, KB Max

33:59

There's someone a little bit further down there. So

34:01

is this milestone still achievable for Bitcoin?

34:04

It's a million dollar question. Let's discuss it. This

34:07

site, Bitcoin's historical

34:07

growth, it had recently seen a significant

34:10

setback. And

34:11

we all know, I mean, the volatility

34:13

will likely continue.

34:15

You know what I mean? Things go up, things go

34:17

down. Expect more improved volatility.

34:19

I think that is a given. But there you have

34:22

it. There's the $1 billion Bitcoin price

34:24

prediction coming from one of the world's largest asset

34:26

managers. Again, one billion

34:29

per coin. And that year, 2038, let

34:31

me know

34:31

if you agree or disagree. Yeah, it's

34:33

a value. And don't forget to check out cryptonewslearch.net

34:36

for the full premium experience, with video,

34:38

and to participate in the live Q&A. And

34:41

I look forward to seeing you on tomorrow's episode.

34:44

Hotto.

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