1037: VITALIK BUTERIN MAKES BOLD BITCOIN PREDICTION FOR YEAR 2042, SAYS ONE BIG ISSUE AWAITS BTC!!

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🗓️ 4 September 2022

⏱️ 20 minutes

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Summary

Ethereum (ETH) creator Vitalik Buterin has an idea for what the state of Bitcoin (BTC) will look like twenty years from now. In a new interview with economist Noah Smith, Buterin says that in the medium term, he thinks crypto assets including Bitcoin and Ethereum will become about as volatile as gold or the stock market, moving away from the big bubble and crash phases of the past. The cryptocurrency visionary also says that even though crypto could satisfy a few key narratives in the next two decades, mainstream adoption is going to be the biggest factor in determining the fate of digital assets. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:29.6	In today's show, Bitcoin loses $20,000 as Cardano soars 6%. According Bitcoin
0:35.5	Consensus, Bitcoin can either drop the Fibonacci level 19,100 or bounce
0:40.2	from the support up to the resistance of $20,500. And as crypto analyst, me calum in a pop shares here,
0:46.6	drop beneath the low at 19,500, and take the liquidity. To me, it seems more apparent that a breakout
0:51.7	to the upside happens rather than to the downside.
0:58.5	Yeah, a sweep is likely, but the ROI is better for longing than shorting.
1:01.1	Most of the altcoins had the exact same view. Now check this out.
1:02.4	The top 100 richest Bitcoin addresses hold the total of $2.9 million BTC worth $59.1 billion.
1:09.5	Also in today's show, here's what's coming next for Cardano after the big Vassal upgrade,
1:14.3	according to creator, Charles Hoskinson, who updated us here and says the release date is
1:19.1	September 22nd, which is right around the corner.
1:21.7	Quitting him here is becoming more clear that the distance between us and everyone else
1:25.5	is growing.
1:26.4	We built Cardano to be the financial
1:28.0	operating system of the world. We built it to bank the unbanked. We built it as a community to give
1:33.1	economic identity to those who don't have it so we can have one global fair marketplace.
1:37.7	It's a crazy mission and it feels vast in scope. But with Vasil coming in September 22nd,
1:42.5	it feels that much more achievable. Also in today's show,
1:46.0	top analysts who called the crypto collapse says rallies imminent for Bitcoin, Ethereum, and Cardano,
1:51.4	quoting crypto capo, main bearish timeline broken, bullish confirmation for the short squeeze
	...

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