1025: Bitcoin Can Burst to $2.1 Million Amid Largest Wealth Accumulation in History: Macro Guru!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 22 August 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Former Goldman Sachs executive Raoul Pal says an explosion of the crypto market cap by 200x in the next decade is within the realm of possibility, with a potential Bitcoin target price of $2,100,000 per BTC. “What I do know is if I just extrapolate the network adoption effects, the number of users, and where the number of users is going and assume it gets to somewhere between four and five billion in the next 10 years or so – which would be central bank digital currencies enabling it, all ticketing, a whole bunch of stuff going that way – the market cap of the space goes from $1 trillion to $200 trillion… People don’t realize the world has never seen an accumulation of wealth like that in history. This would be the shortest period of time of the largest accumulation of wealth ever seen.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Rated T for Teen.
0:01.5	Each year, thousands of adults lose their shred.
0:05.1	It's an epidemic simply known as shred loss, but it doesn't have to be this way.
0:09.2	Because rekindling your shred is as easy as playing the new Tony Hawk's Pro Skater 3 and 4.
0:13.7	With new parks, cross-platform multiplayer, and sick new game modes,
0:19.5	we can put an end to shred loss everywhere.
0:22.3	Let the new Tony Hawk's Pro Skater 3 and 4 and show the world that the shred's not dead.
0:26.4	Pre-order Tony Hawk's Pro Skater 3 and 4 and play the Foundry demo.
0:30.0	In today's show, I'll be sharing the five things to watch out for in the Bitcoin market this week,
0:33.9	including Ben Armstrong, feels like Bitcoin preparing to head back below 20,000 soon.
0:38.3	Don't get cut off guard.
0:39.6	Including this analyst, what does the bottom in for a Bitcoin cycle usually look like?
0:43.8	Ironically, I've been here before twice.
0:46.1	It looks something like this.
0:47.4	The next 12th and 19 weeks are going to be ugly.
0:49.8	Once done, the floor for this cycle ought to be in.
0:52.4	Then we shall start it all over again,
0:54.5	including Matthew Highland, the Bitcoin structure over the coming week slash months
0:57.9	shouldn't scare you. Either a higher low, double bottom, or cycle low will be formed.
1:03.3	The end is near, and Dave the Wave shares $36,000 Bitcoin for Christmas anyone,
1:07.8	and Van Day Pop has a very bullish outlook I'll be sharing with you. Also be sharing the latest from crypto analyst rec capital. Also in today's show, the average
1:14.8	Bitcoin transaction fee drops under a dollar as the network difficulty recovers. That's right.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bitcoin News Alerts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bitcoin News Alerts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.