2017: “Here’s How Bitcoin Price Gets to $1 Million Per Coin” - Adam Back

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Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 10 June 2025

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Blockstream CEO Adam Back believes Bitcoin could achieve the $1 million target way before Wall Street accumulates 10% of the crypto. He suggested that even a widespread 2% allocation across major asset managers like BlackRock would be enough to push Bitcoin’s price to $1,000,000 per BTC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	When it comes to investing, we tell ourselves all kinds of stories.
0:03.0	One is that you have to dive in head first.
0:06.0	But when you invest with HSBC UK,
0:08.0	you'll find a ready-made portfolio to match level of risk you're comfortable with.
0:12.0	So instead of taking the plunge, you can test the water.
0:15.0	Hmm.
0:16.0	Search HSBC Invest to dip your toe in today.
0:19.0	HSBC UK, opening up a world of opportunity. Capital at risk and HSBC Invest to dip your toe in today. HSBC UK, opening up a world of opportunity.
0:23.1	Capital at risk, an HSBC UK current account is needed to invest with HSBC.
0:27.1	Minimum investment required.
0:28.4	Eligibility criteria and fees apply.
0:30.0	Welcome Bitcoin fam to the number one Bitcoin pod, Bitcoin pumping and in the green new all-time highs in play.
0:37.1	We're only 3,000 away. Hopefully it happens
0:40.1	today. In today's show, I'll be sharing the latest technical analysis, as well as Metaplanet shares
0:45.1	jump after their $5.4 billion plan to buy more Bitcoin, which was just revealed. We'll also be
0:51.6	discussing strategy adds an additional 1,045 Bitcoin for 110 million
0:57.0	in the latest purchase update in which Michael Saylor shared earlier today. We'll also be discussing
1:02.2	crypto analysts that says Bitcoin has a pretty good chance of hitting this massive price target,
1:07.6	spoiler alert of 250,000. I'll be citing the three technical signals.
1:12.6	Also, Samson Mao of Jan 3 drops the bombshell, says Bitcoin risk from their core product.
1:19.1	I'll be breaking this down for you. We'll also be discussing, here's how Bitcoin price
1:23.6	gets to a million dollars, according to the Bitcoin OG legend himself, Adam back.
	...

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