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

922: CRYPTO BILLIONAIRE BROCK PIERCE SAYS BITCOIN WILL EITHER CRASH TO ZERO OR EXPLODE TO $1,000,000!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 8 May 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Crypto billionaire Brock Pierce says that Bitcoin will either fail spectacularly or become massively successful. “[Bitcoin] could go to zero. It’s a binary outcome. It’s either going to go to $1 million a Bitcoin or zero. It’s going to be one or the other, which is why you shouldn’t put everything there.” “This reminds me a lot of 1999, right? We are in that phase. And what came out of that? eBay and Amazon and all sorts of interesting businesses came out of the Dot-Com sort of 1.0 era. And a bunch of it went to zero. And I think that will probably be true of what we see here. That doesn’t mean the innovation isn’t real and it’s not going to play an important role in our collective future.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Indeed.

0:03.2

Struggling to get your job posts seen on other job sites.

0:06.5

Indeed, sponsored jobs help you stand out and hire fast.

0:10.4

Your post jumps to the top of search results, reaching the candidates you need.

0:14.1

Plus, there are no monthly subscriptions, no long-term contracts and you only pay for results.

0:18.4

Speed up your hiring today with a £100-pound sponsored job credit at

0:22.2

Indeed.com slash SPANUK. Terms and conditions apply. In today's show, the Bitcoin price target is now

0:30.4

$29,000. Trader warns, after Terra, weather is a $285 million foot attack. In today's show, I'll be breaking down the latest technical

0:38.8

analysis. And as crypto analysts, rec capital shares here, Bitcoin has revisited the black monthly

0:44.3

support of $35,000. Downside wicks below this level have occurred in the past. Most important

0:50.5

will be the monthly close relative to this black level. One month close above the black equals bullish, and one month close below the black equals

0:58.5

bearish.

0:59.3

And as credible crypto shares here, lows at 34,400 almost taken.

1:03.4

So eyes now on a flush into 29 to 32,000, along with filling that Fenex's whales bid,

1:09.2

do doesn't miss, still not expecting lows at $28,000.

1:12.9

To be taken, and as me Calvin Day pop shares here, Bitcoin has only printed six weekly red candles in a row ever.

1:19.6

That was May 2014, eight years ago.

1:22.6

Let's see how price is reacting here on Bitcoin, as we're sweeping all those lows currently little over-extended to the

1:28.1

downside. Aside from that, some fud around Luna and UST happening, which is not fueling, the markets.

1:34.3

And speaking of Luna-FUD, today's attack on Terra Luna UST was deliberate and coordinated

1:39.2

massive $285 million USD dump on Curve and Binance by a single player, followed by massive shorts on

1:45.4

Luna and hundreds of Twitter posts, pure staging, the project is bothering someone on the right

...

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.