5319 BITCOIN UPDATE!
Freedomain with Stefan Molyneux
Stefan Molyneux
4.7 • 2.4K Ratings
🗓️ 28 November 2023
⏱️ 33 minutes
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Transcript
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| 0:00.0 | All right. So it looks like Bitcoin is of interest. All right. |
| 0:04.0 | Eight hundred and is from today, |
| 0:07.0 | 820 billion dollar standard chartered bank, |
| 0:09.0 | but its Bitcoin will reach $100,000 by the end of 2024. I think that's US. That's a little low for me, but that's what I hear, right? |
| 0:18.7 | Never Bet against Bitcoin from November 24th. Performance since August 10th, 2020, this is when Microstratogy |
| 0:27.8 | that's Saylor, adopted as Bitcoin Strategy. So August 21st, 2020 to November 24th, 2023, |
| 0:34.6 | Bonds down 22% silver, down 22% gold, down 2%, |
| 0:40.0 | NASDAQ up 30% S&P 500, standard in poor 500, up 36% |
| 0:46.7 | Bitcoin 221%. |
| 0:49.4 | 221%. |
| 0:50.1 | Bonds minus 22, silver, minus 6%. 221%. |
| 0:53.0 | Bonds minus 22, silver, |
| 0:55.0 | Gold minus 2, NASDAQ 30, S&P, 36, Bitcoin, 221. |
| 1:00.0 | Mm. |
| 1:01.0 | Mm. That's some sweet stuff. |
| 1:07.0 | some sweet stuff. |
| 1:10.0 | Here's another post. |
| 1:14.0 | We are seeing the greatest divergence ever witness between Bitcoin, long-term and short-term holders. |
| 1:19.0 | Short-term holders either continue to sell for profit or loss or become long-term holders eventually. |
| 1:25.0 | During blow-off tops, long-term holders sell off into the bull market and short-term holders buy due to FOMO. |
| 1:31.0 | What happens if the long-term holders don't sell compared to prior cycles? |
| 1:36.0 | Like I think over 70% of Bitcoin's just haven't moved in quite a long time. |
... |
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