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

819: MICHAEL SAYLOR PREDICTS BITCOIN HITTING $600K AND EVENTUALLY $6M EMERGING AS A $100T ASSET CLASS!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 19 January 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

The biggest Bitcoin Bull, CEO of Microstrategy, Michael Saylor expects the bitcoin price to reach $600,000 and then eventually $6 million per BTC, noting that it is “unstoppable” and will replace gold, emerging as a $100 trillion asset class. The CEO has repeatedly said that Bitcoin will replace gold. He recently said: “Once upon a time, gold was the most desirable store of value. Now bitcoin is taking its place.” 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, Bitcoin will emerge stronger after stocks dip 10 to 20 percent, says Bloomberg analysts, Mike McClone, quoting him here.

0:06.9

The number one theme I've been using for months now is do not fight the Fed.

0:10.2

If you're long-risk assets, you are fighting the Fed.

0:13.0

And cryptos are the riskiest assets.

0:14.9

The key thing, remember, is that Bitcoin is the least risky among cryptos.

0:18.9

Here's my prediction.

0:19.9

The markets pull back finally,

0:21.3

and we get a 10 to 20% correction in the stock market. All correlations are one, which is usually

0:26.2

the way it works. Bitcoin comes out better off for it. And as pointed out here by trader John Wick,

0:31.6

I just want to take a moment to say you guys who might be underwater in your positions,

0:35.1

that it's okay. Every cycle this happens, most of us

0:38.0

have to wear these battle scars at least once in our journey to becoming a better trader slash investor.

0:43.2

I know I did, just don't give up. Now check this out. Back in 2013, billionaire Charlie Munger called

0:48.5

Bitcoin Rat Poison, and since then, Bitcoin has increased 36,900%. And this just in breaking news, Cash app confirms lightning Bitcoin payments for all U.S. customers in coming weeks, as well as El Salvador President Naibo Kelly to hold meeting with Turkey's president this Thursday.

1:05.9

Last month, Turkey's president discussed sending a Bitcoin and crypto law to parliament while their currency

1:10.9

was hyperinflating. Also more breaking news, computing giant Intel to debut new ultra low voltage

1:16.8

Bitcoin mining ASIC. That's right. Intel could be about to enter the Bitcoin mining,

1:20.6

chip making industry. Also in today's show, Bitcoin is harder to manipulate than gold,

1:25.0

says analyst, plan B, and explains why, quoting him here.

1:29.1

So gold has this very intrinsic thing where you'd rather have the paper gold than the physical gold.

1:33.8

But Bitcoin doesn't have that disadvantage that gold has.

1:36.4

The delivery is easy.

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2025.