meta_pixel
Tapesearch Logo
Log in
Freedomain with Stefan Molyneux

5727 BITCOIN UPDATE! THE PUMP!

Freedomain with Stefan Molyneux

Stefan Molyneux

Economics, Anarchism, Stefan, News & Politics, Atheist, Higher Education, Religion & Spirituality, Stephen, Government, God, Philosophy, Violence, Freedomain, Rogan, Ron, Society & Culture, Radio, Paul, History, Liberalism, Libertarian, Capitalism, Market, Molyneux, Anarchy, Free, Classical, Family, Freedom, State, Joe, Podcast, Atheism, Stephan, Education, Podcasts

4.62.4K Ratings

🗓️ 12 November 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

FREEDOMAIN FLASH BITCOIN LIVESTREAM 12 November 2024

In this episode, we analyze the recent surge in Bitcoin's price, nearing $90,000 after a 13% increase in one day. We discuss factors driving this rise, including market closures and traditional finance interest. The conversation covers Bitcoin's impressive 44% growth over three months, its new all-time high in inflation-adjusted terms, and the implications of the upcoming halving event and potential nation-state purchases. We also touch on regulatory prospects with a Bitcoin-friendly U.S. administration, mining strategies, and investor sentiment affecting market dynamics.

Donors get access to the full stream!

Preview the donor stream here: https://premium.freedomain.com/6733bacce0578b88b508781d/bitcoin-update-the-pump

Donors can catch the donor stream here: https://freedomain.locals.com/post/6351764/donor-livestream-bitcoin-update-the-pump

GET MY NEW BOOK 'PEACEFUL PARENTING', THE INTERACTIVE PEACEFUL PARENTING AI, AND AUDIOBOOK!

https://peacefulparenting.com/

Join the PREMIUM philosophy community on the web for free!

Also get the Truth About the French Revolution, multiple interactive multi-lingual philosophy AIs trained on thousands of hours of my material, as well as targeted AIs for Real-Time Relationships, BitCoin, Peaceful Parenting, and Call-Ins. Don't miss the private livestreams, premium call in shows, the 22 Part History of Philosophers series and much more!

See you soon!

https://freedomain.locals.com/support/promo/UPB2022

Transcript

Click on a timestamp to play from that location

0:00.0

All right, 12th of November, 2024, Bitcoin had one of its most impressive days in its entire history just yesterday.

0:09.2

Almost hit 90K.

0:11.2

These are U.S. numbers up more than 13%.

0:16.1

Now, one of the things that happened was Friday afternoon, it was at about 76K when the stock

0:22.9

market closed.

0:23.6

Now, remember, the stock market is closed more than it's open.

0:26.7

So if there is activity in the market over the weekend, everyone's paralyzed, and what happens

0:34.3

is demand gets pent up, and then when the market's open on the

0:39.2

Monday there's a big grab now of course if you have your own bitcoins you can buy and sell and

0:44.7

trade on exchanges or wherever then you can work on the weekend but things shut down for wall

0:50.4

street on the weekend so there's a lot of pent-up demand. So that's important to remember.

1:03.5

So to finance TradFi wants Bitcoin and Bitcoin-related companies.

1:14.4

And Anthony Pompeiano, who's a great guy to follow, says,

1:18.2

take a look at Hutt 8, which provides power for Bitcoin mining and AI use cases.

1:22.6

He's an advisor to the company saw its stock price increase by more than 50% over the last five days.

1:25.4

During the last three months, Bitcoin has added more than 26,000 to the price. This is as

1:29.4

of yesterday. It's a 44% increase. And that's pretty important. What's also important is to cross

1:38.9

of 80,000 crossing over 80K signals the first time in years that Bitcoin has hit a new all-time

1:43.3

high, ATH, in

1:45.1

inflation-adjusted terms. Daniel Sampere Pico highlights the previous all-time high of more than

1:50.5

69,000 is actually equivalent to over 80,000 in today's dollars. Isn't that wild?

1:56.2

Isn't that wild just how much your seed crop is being eaten by the rats of central banking,

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2025.