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Bitcoin News Alerts | Daily BTC News

1390: “Bitcoin Will Hit $10,000,000 By This Date” - Adam Back

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 2 September 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Blockstream CEO and Bitcoin advocate Adam Back says that the king crypto (BTC) can explode to a $200 trillion market cap in the next nine years, meaning a price tag of about $10 million per Bitcoin. "early this year i was curious of the claim "bitcoin 2x's per year on average". it checks: the decade jan 2013 - dec 2022 bitcoin went up 2.036x/year (1200x in a decade). if that continues we'll cross $10mil/BTC and $200 tril market cap by end of next 2 halvenings, about 9 years." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:42.5

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0:44.0

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0:46.0

The Starbucks you love is ready.

0:49.1

Hello again, from the Starbucks coffee company.

1:02.4

In today's episode, I'll be breaking down the latest technical analysis.

1:05.3

And quoting Max, there are no TA billionaires.

1:06.9

TA is astrology for men.

1:08.5

You can't time the market.

1:09.3

Nobody can.

1:12.4

Nobody ever has consistently. Any and all entry points for Bitcoin are therefore perfect. So huddle and forget it. Sage advice coming from the

1:17.5

high priests. Also in today's show, China court declares virtual assets legal properties protected

1:22.8

by the law. I'll be breaking down this big important report. As well as Ben Armstrong

1:27.1

apologizes to the

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