meta_pixel
Tapesearch Logo
Log in
Bitcoin News Alerts | Daily BTC News

1336: “Here’s When Bitcoin Will Hit $400,000 Per BTC” - Anthony Scaramucci

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 9 July 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

SkyBridge Capital founder Anthony Scaramucci predict's the Bitcoin price reaching $400K per coin as BTC approaches 1 billion users.  "So intrinsic fair value to me would be about $400,000 a coin. I’d add a billion users because again you have fixed supply & you’ve got less than 21 million coins out there." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

In today's show, I'll be breaking down the latest technical analysis, including the latest from on-chain analysts, Willie Wu, including Max Kaiser, with a maximum supply of 21 million bitcoins, and only about 1.9 million remain to be mined as of February 2023.

0:15.1

The scarcity factor continues to drive the value and fascination surrounding Bitcoin. Facts.

0:21.9

Also in today's show,

0:29.0

Black Rock ETF stirs U.S. Bitcoin buying frenzy, as research says, get off zero. We'll also be discussing Coinbase was aware of security law violations, so claims the SEC in their latest

0:35.5

letter. We'll also be discussing Bitcoin ordinal volume exploding

0:39.2

by a staggering 2,800% so far this year in quarter 2, according to DAPR radar. We'll also

0:45.5

be discussing crypto capitalists Arthur Hayes predicts a megamania phase for Bitcoin, driven by

0:51.2

two key catalysts that can send a Bitcoin price to $760,000.

0:55.7

Also be sharing the latest prediction from Skybridge Capitals, Anthony Scaramucci, who shares when Bitcoin is likely to hit $400,000, quoting him here.

1:05.0

So intrinsic fair value to me would be about $400,000 a coin.

1:08.5

I'd add a billion users because, again, you have a fixed supply and

1:11.3

you've got less than 21 million coins out there. You don't even have enough bitcoins for every

1:15.6

millionaire on the planet Earth to own one coin. So you cannot tell me that the scarcity properties

1:20.9

of this are not going to drive the prices higher. We'll also be taken a look at the overall

1:25.1

crypto market, all this plus so more, in today's show.

1:33.3

Hey, what's good, Crypto fam?

1:37.1

This is first and foremost, a video show.

1:39.2

So if you want the full premium experience, visit our YouTube channel at CryptoNewsalerts.net. Again, that's

1:46.2

crypto news alerts.net. Welcome everyone just tuning in. This is pod episode number 1336. I'm your host, JV,

1:55.8

and today is July 9th, 2023. Let's kick off today's show with our market watch. We got Bitcoin back in the

2:02.1

green. Let's go. Bitcoin up a quarter percent, trading just above 30,000, 200, and it held strong

2:07.8

onto that 30,000 support, which is a good sign after consolidating, especially. We also have ether

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2025.