Latest / Simply Bitcoin / Bitcoin to $250K… Then $1 Million?! | Simply Originals

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Bitcoin to $250K… Then $1 Million?! | Simply Originals · Simply Bitcoin

• 0:00
  What do you think this is, just another Bitcoin pullback?
• 0:04
  The charts are shaking, the macros popping, and the
• 0:08
  president is going all out against the Fed.
• 0:11
  We've got Trump, the Fed apparently nukes, fake job
• 0:16
  numbers, Arthur Hayes, and a parabolic run to $250,000 in
• 0:21
  play. Welcome back, I'm Rustin and
• 0:24
  spoiler alert, we're not stopping AT250K.
• 0:28
  That's right. Cry harder.
• 0:29
  Shit. It's coming.
• 0:31
  Now let's RIP this thing wide open.
• 0:33
  Certainly. All right, chill out.
• 0:39
  Let's talk about why the charts are red.
• 0:41
  And also, let's take a minute to talk about loyalty.
• 0:44
  I saw what you said. Fired.
• 0:47
  Send rust into the glue factory. Axed.
• 0:50
  Well, I got news for you. I'm not Jay Powell, baby.
• 0:53
  I'm not leaving. That's right.
• 0:58
  You called down the Thunder. Now we have to get even more
• 1:01
  bullish. We have to go even harder.
• 1:03
  Drastic measures may have to be taken.
• 1:06
  We must avenge Toto. We're not.
• 1:08
  In Kansas anymore. Toto.
• 1:10
  What are you doing? Oh, and by the beard of John
• 1:15
  Brown, we're going to do it. Let's get to those red charts.
• 1:19
  Bitcoin dropped from 122 K to 112 KQ.
• 1:23
  The panic Q the bears. But here's the truth.
• 1:26
  We're just retesting old all time highs.
• 1:29
  Oh no, the price is back to literally the previous all time
• 1:33
  high. I guess we're doomed.
• 1:35
  You are watching accumulation in real time.
• 1:39
  OTC supply is dropping. Long term holders are buying.
• 1:43
  This is classic lettuce hands shake out behavior.
• 1:46
  Samson Mao has jokes, but he's not wrong.
• 1:49
  And look at that headline. Typical mainstream media.
• 1:52
  Make no mistake, we are prepared to launch.
• 1:56
  You want to know why markets are acting weird?
• 1:59
  Well, here's your list. Tariffs, nukes, Trump rigged job
• 2:03
  numbers, and Oh yeah, the Fed might actually cut in September
• 2:06
  with Fed Watch showing an 89% shot.
• 2:09
  Goldman even said it. Job reports are being revised so
• 2:12
  hard it looks like the BLS hired Jet GPT to write them.
• 2:15
  And now Trump is tossing the old regime.
• 2:18
  New Fed governor, new BLS chief. Trump's about to run wild like
• 2:22
  Hulk Mania but with nukes and a Bitcoin agenda.
• 2:25
  Bro Brother Trump media is running wild in Bitcoin.
• 2:29
  It's the heavyweight champ of monetary policy.
• 2:32
  Oh and breaking China has banned Bitcoin again this time.
• 2:37
  What's that make it? It's the 69th ban.
• 2:39
  Nice. Officially banned trading mining
• 2:42
  services to protect monetary sovereignty.
• 2:45
  Translation. Communists hate freedom and
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  Bitcoin doesn't care. The hash rate literally just hit
• 2:50
  an all time high every time China bans Bitcoin.
• 2:53
  Number goes up. It's an annual tradition at this
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  point. Let's talk about the real
• 2:58
  driver, institutional FOMO. Sailor now says strategy might
• 3:02
  buy 1.5 million Bitcoin. That's like 7% of the total
• 3:06
  supply and he doesn't think that's too much.
• 3:09
  Is there ever too much Bitcoin for you to own?
• 3:11
  Like if you could own all of it. I don't think we'll get all of
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  it. I don't think in the range of
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  three to five or three to 7% is too much.
• 3:21
  BlackRock is. No, I just wonder.
• 3:22
  I was thinking about the the mental exercise of it.
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  You could actually own all of it.
• 3:27
  Like if you would even bless you if you would want it.
• 3:29
  Well, you know we started and we had very little and bitcoins
• 3:33
  10,000 and now bitcoins more than 100,000 and 97% of the
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  Bitcoin is worth 10 times as much and somebody else not us
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  has it. So it's a practical matter what
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  we're doing is, is we're monetizing and powering up this
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  I. Totally get it.
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  I just mean if you owned all of it, would that change the
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  entire? We don't, yeah.
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  We wouldn't want to own all of it.
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  We want everybody else to have their peace.
• 3:59
  The nice thing there is there's 160 companies that are
• 4:03
  capitalizing on Bitcoin in the public market, up from about 60
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  last year. So the Bitcoin treasury
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  movement's exploding and companies like Metaplanet in
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  Japan and Capital B in France and Smarter Web in the UK.
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  And then there's a raft of them in the US Anthony Pompliano's
• 4:20
  company, you know, and 21, they're all capitalizing.
• 4:25
  The big idea is I take digital capital, I issue digital credit
• 4:31
  and a digital credit instrument can either be longer duration or
• 4:35
  it can be higher performance. We're offering 9% dividend yield
• 4:39
  with stretch. The average money markets, 4.2%
• 4:42
  dividend yield. No one would ever want to give a
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  9% perpetual yield and A and a bond that's backed by real
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  estate or backed by gold or backed by any conventional Fiat
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  asset. But we're investing in Bitcoin.
• 4:55
  BlackRock, Fidelity, central banks, ETFs and Treasuries are
• 4:59
  all competing for the same coins.
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  Kemeth Palpatia calls it the institutional demand compression
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  principle. I call it the mother of all
• 5:08
  supply shocks. That's right, MOS, and it could
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  send Bitcoin to where exactly, Mr. Kamath?
• 5:16
  You should really look at the pattern of Bitcoin after a
• 5:20
  halving. So here's a little Bitcoin price
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  analysis for you guys. So there's been a couple of
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  halving cycles that have happened, and I asked him to go
• 5:29
  back and look at the price performance one month after a
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  halving, 3 months, six months, nine months, 12 months and 18
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  months after a halving. And what you notice is that
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  there are these moments initially where essentially when
• 5:46
  you go through a Bitcoin, having people are sort of reassessing
• 5:49
  what's happening and they're trying to figure it out.
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  That's sort of what I would say is happens in the first month
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  and roughly what also happens in the first three months.
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  But then within six months to a year and 18 months of these
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  things, there are these crazy price appreciation cycles that
• 6:07
  happened. So that's what this page shows,
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  which is, you know, 18 months after the first halving, the
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  Bitcoin price returned 45X. After the second halving, it
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  returned almost 28 X and after this third halving, it returned
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  almost an 8X, which is really incredible returns in such a
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  short period of time if you go to the next page.
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  And so if you if you graph that, this is what it starts to show,
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  which is what is this price performance after each of these
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  having cycles. Now why is that interesting?
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  Well, it's interesting because on top of this having, which
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  theoretically, if history is a guide, we should see some price
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  appreciation. Obviously, the other thing
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  that's happened is we've commercialized Bitcoin and we
• 6:52
  talked about this sort of as my big prediction for 2024, which
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  is these ETFs are really going to allow Bitcoin to cross the
• 7:00
  chasm and have its sort of central key moment, right?
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  And so if you apply the averages, and again, these are
• 7:07
  just averages, they're by no means predictions.
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  OK? So I just want to qualify that
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  these are just, this is not financial advice.
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  It's not financial advice. These are just guesses.
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  We took these and we applied it to the price of Bitcoin.
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  And if you go to the next page, you start to see what could
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  happen if you just take the average of the last few cycles.
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  So because the first cycle was so extreme and you start to so
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  you're just doing cycle 2 and 3 here to be clear, just the
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  averages of cycle two and three. And what you start to see is
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  some really meaningful appreciation.
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  And when I talked to Wanses about this, how he explained it,
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  which I which makes a lot of sense to me, is there are a lot
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  of countries that will never look at Bitcoin credibly even if
• 7:52
  they support it. The US may be one of those, but
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  there is an increasing body of countries that will become dual
• 7:58
  currency and they will look at their local currency and then
• 8:02
  they will look at Bitcoin. And they will say both of these
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  two things are needed. One, when you're transacting on
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  a daily basis for random goods and services.
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  And two, when you need to buy a permanent asset that needs to
• 8:13
  have residual value, you'll use something like BTC.
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  And I think that's a very powerful concept.
• 8:20
  And if you look at what this price chart could indicate is
• 8:26
  that if this thing starts. To ever feel like the entire
• 8:29
  Fiat system is held together with like duct tape and denial?
• 8:33
  Well, Max Keiser isn't just feeling it, he's calling it.
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  He says the age of governments printing money like coupons and
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  central banks playing God is over.
• 8:42
  You ready for the Bitcoin era? Here's Uncle Max with the
• 8:46
  prophecy for the next 500 years. Can you explain what you mean?
• 8:51
  Sure, of course I can't explain what I mean.
• 8:53
  You have a world where the train is leaving the station.
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  You know, Bitcoin is changed everything fundamentally and
• 9:04
  those with coin or the coiners versus those without coins, the
• 9:09
  no coiners. There will be a split in in in
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  the world and society and we won't be looking at the world in
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  terms of nation states anymore. I think the nation state becomes
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  passe or disintermediated. Central banks are obliterated
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  and you have the global tribe of millions of Bitcoiners who have
• 9:29
  all the money, and then they'll be everybody else who doesn't
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  have. They'll just be living in a
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  different reality. And that template will be set
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  for 500 years because Bitcoin is perfect money and it's taken a
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  million years to get to Bitcoin. We finally achieved it, and now
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  it's a day of reckoning. If you have no coin, you'll
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  probably be living in the equivalent of hell.
• 9:54
  If you have coin, you will be living in heaven.
• 9:57
  Hey, look, every time Bitcoin dips, some legacy goon says,
• 10:01
  shut it down, ban it, regulate it, tax it to death.
• 10:05
  But what what they don't get is this isn't a tech stock.
• 10:09
  This is nature, math, gravity. And as Preston Pisch says,
• 10:15
  trying to stop Bitcoin, well, it's like trying to stop the sun
• 10:20
  from rising. Roll it.
• 10:21
  It's the. Equivalent of trying to stop
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  night from coming outside. Anybody fighting Bitcoin is
• 10:28
  there like trying to prevent the sunset from happening.
• 10:31
  I am a champion of let's harness the incoming technology as
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  opposed to acting through fear and being scared of it.
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  The one thing I did learn at West Point was never, ever
• 10:43
  accept defeat. Never, ever allow your
• 10:47
  environment to dictate that you're going to fail, right?
• 10:52
  And so many of these actions that are being made by these
• 10:54
  legacy string pullers, they are actions of fear.
• 10:59
  They are scared to death of this thing as opposed to just looking
• 11:02
  at it and saying, hold on a second, there's a massive
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  opportunity here if we decide to harness it, right?
• 11:09
  It's just, it's hilarious. It's, it's so pathetic, really.
• 11:14
  Like don't be a victim of your environment.
• 11:16
  Harness your environment, right? Win.
• 11:24
  When you know what those guys, the old shifty Pete's used to
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  say, gold is the final form of money, the store value, the end
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  game. But not anymore.
• 11:32
  You know, I, I want to have assets that will appreciate as
• 11:36
  the dollar is devalued as it's debased.
• 11:40
  So I do own gold, but my focus is truly on Bitcoin as you know
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  and that's why I open the, the Bitcoin opportunity fund.
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  And so all of my excess capital is, is kind of pointing towards
• 11:53
  that personally now. So, but I do have nothing
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  against gold though I do believe that we are seeing the, the
• 12:02
  beginnings of Bitcoin demonetizing gold and you know,
• 12:07
  will gold go to 0? Absolutely not.
• 12:10
  It will, it will, I think it will retain that store value in
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  the, in the global, you know, universe of investable assets of
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  $900 trillion, gold is about 18 right now and Bitcoin is about
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  two. So, but I do believe that
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  Bitcoin is going to catch up to it and be that ultimate store
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  value for people in the future. Follow the liquidity, not the
• 12:33
  noise. This is a global monetary reset
• 12:36
  and Bitcoin is the arc. All right now, real quick,
• 12:39
  before we hit the rocket boosters, look at our likes 3 or
• 12:43
  4 times. Maybe I'll pump those numbers
• 12:45
  up. Those are rookie numbers in this
• 12:46
  racket. Don't forget to like, subscribe
• 12:48
  and give us a PAMP while we take a moment to recognize our
• 12:51
  sponsors and show you how to survive the coming financial
• 12:54
  storm. If you're still holding your
• 12:56
  Bitcoin on an exchange, you're doing it wrong.
• 12:58
  Go to thebitcoinway.com and learn how to self custody your
• 13:01
  Bitcoin like a sovereign individual.
• 13:03
  They'll walk you through multi sig privacy and even help you
• 13:06
  move your coins off those clown platforms.
• 13:09
  No tech skills required. The team over at the Bitcoin Way
• 13:12
  has got you covered and will coach you on your journey from
• 13:14
  start to finish. Don't be caught holding IOU's
• 13:17
  when this thing hits 500K. Schedule a free 30 minute
• 13:20
  consultation with The Bitcoin Way using that link in the show
• 13:24
  notes. And once you've secured your
• 13:26
  Bitcoin, here's how to make it work for you without selling a
• 13:29
  single SAT. Life comes at you fast.
• 13:32
  And if you ever need to tap into your bitcoins value without
• 13:35
  selling it, boom, you're holding Christine collateral.
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• 13:50
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• 14:00
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• 14:06
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• 14:10
  notes and get 25 basis points off your first loan.
• 14:14
  Right here we go. Now let's tie it all together.
• 14:17
  You ever wonder how big this thing can actually get?
• 14:21
  Jack Mahler says. We haven't even scratched the
• 14:23
  surface. Forget gold.
• 14:24
  Forget real estate. Bitcoin is coming for a $500
• 14:27
  trillion market, and it's still just a toddler.
• 14:30
  You see the price of Bitcoin heading.
• 14:32
  Higher. Higher.
• 14:34
  How much higher? A lot higher.
• 14:37
  My general framework from the highest level is human beings.
• 14:41
  Collectively, we own about $900 trillion worth of stuff.
• 14:45
  That's. Equities, the things behind us,
• 14:46
  real estate, precious metals, fine art, all of the things that
• 14:50
  we own, half of that we're using as a savings account.
• 14:54
  We're owning the portfolio of companies or the art or the
• 14:57
  house to actually try and persist wealth into the future.
• 15:00
  I think bitcoins going after that market, it's going after a
• 15:03
  market of 400 to $500 trillion worth and right now it's 2 1/2
• 15:06
  trillion. So I think in purchasing power
• 15:07
  terms, Bitcoin can go up 100 to 200 times more from.
• 15:10
  Here all right so we know Bitcoin obviously is the most
• 15:13
  when billionaires start sound like Maxis you might want to
• 15:17
  listen like Cameth early Facebook early Tesla.
• 15:20
  He's calling for 1.14 million this cycle not in some distant
• 15:24
  sci-fi timeline this cycle and if you still think 250K is some
• 15:30
  moon boy opium Wall Street disagrees Bitwise a major
• 15:34
  institutional ETF issuer their CIO just said Bitcoin will hit
• 15:38
  1,000,000 bucks in five years. Let's run it.
• 15:41
  Talk to me about where you expect the value to go longer
• 15:45
  term for for the assets. Yeah.
• 15:48
  Well, I think you know, Bitcoin is at a new to all time high.
• 15:51
  Bitcoin is is coming into the world as digital gold.
• 15:54
  That's a massive market. We think Bitcoin could get to
• 15:56
  $1,000,000 within the next five years.
• 15:59
  But the stable coin bill is it really unlocks the non Bitcoin
• 16:03
  parts of crypto, the assets like Etherium and Solana that that
• 16:07
  facilitate the movement of things like stable coins around
• 16:10
  the world. I think we're in the early days.
• 16:12
  This is akin to investing in the Internet in 1996.
• 16:16
  I think we're going to look back in 5 or 10 years and find it
• 16:19
  funny that we were skeptical of crypto.
• 16:21
  I think we'll be using it in our day-to-day lives.
• 16:23
  So this is, you know, a unique generational investment
• 16:26
  opportunity for. If that wasn't enough alpha for
• 16:29
  your dopamine receptors, Arthur Hayes has been calling these
• 16:32
  cycles like clockwork since 2019.
• 16:36
  Nailed 69 K in 2021, and now he's calling for 250K next.
• 16:42
  And just like before, it's all happening right after the
• 16:44
  accumulation zone. Check out the pattern.
• 16:47
  History doesn't always repeat, but it does rhyme.
• 16:50
  And we're still arguing over 112 K.
• 16:53
  Brother, the parabola hasn't even started.
• 16:56
  We've got the Fed about the pivot.
• 16:58
  Inflation's heating up in every major institution.
• 17:00
  BlackRock, Fidelity, JP Morgan front running the plebs.
• 17:04
  This ain't a bubble, this is a black hole sucking in Fiat, gold
• 17:09
  and every ounce of trust left in the legacy system.
• 17:13
  And if you really want to see what the future looks like, join
• 17:15
  us at Mining Disrupt 2025. It's only months away.
• 17:19
  The biggest Bitcoin mining conference and Expo in the
• 17:22
  world. They're heading to Dallas, TX
• 17:24
  November 11th through the 13th. Meet the legends building the
• 17:28
  hash power revolution. From sovereign mining to AI and
• 17:31
  Bitcoin integration, this is where the next wave of Bitcoins
• 17:34
  history is being written. Grab those tickets today and
• 17:37
  come see simply Bitcoin on the news desk and don't forget use
• 17:40
  promo code simply Bitcoin for 20% off bitcoins going to 250K
• 17:46
  and then a million and you're either in the arena or watching
• 17:49
  from the bleachers. Hope you guys enjoyed this one.
• 17:51
  Don't forget to like, subscribe and give us a pan by sharing the
• 17:54
  sound money gospel. Set those notifications for the
• 17:56
  best in Bitcoin news delivered to you daily and keep your head
• 18:00
  on a swivel because we got tons of content coming this week.
• 18:03
  I love you guys, catch you next time if you.
• 18:06
  Prefer to go down with the ship.