I'm here to get enraged by people from the financial sector who thinks they outstand Bitcoin without knowing how to write a single line of code. If people wants to understand Bitcoin, learn how to read the code and be horrified by what you find.
To be a successful person in life require him or her of work hard and time.. The thing about being successful is working towards it and not going to the other way round
I totally agree with you, the stock market is the most profitable venture I ever invest in,I reached my goal of $500k yearly trade earnings,Setting realistic goals is an essential part of trading
As a newbie about to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor. I made it as a newbie by working with Alex Valentino and today I can show alot of my achievements.
When it comes to the world of trade, most people don't know where to start. Fortunately great invest!ors of the past and present can provide us with guidance
Cryptocurrency/forex trading is a big chance which I do see can change someone life very profitable, if you can't see that at this point then is time to learn more about it.
@Walter N. Roark .I think the most important thing you should know is staying away from TF that's were the big boys play and is pronne to manipulation as a result large sizes.
Cryptocurrency is bringing different revolution in the world economy. Depending on one stream of income had never made any millionaire and earning checks don't put you on Forbes
Reading about people grabbing multi-figures monthly as income in investment even in this crazy days in the market,any pointers on how to make substantial progress in earnings? would be appreciated!
Grabbing multi-figures in Crypto is possible with the right approach...no doubt Crypto is volatile which we've seen but committed investors are making passive income weekly and more grabbing multi-figures
Bitcoin is a new asset type and is currently in "Price Discovery" it has been decades since we had a new asset come to market in price discovery and the beauty of Bitcoin as an engineered piece of software code is that never before in the history of the world has a new asset come to market with all of its future metrics are known except it value in terms of dollars. We know how many there will be for the rest of time, we know the rate at which they are being created and we know the rate of demand that exist on the open market. Make no mistake there has never been an investment opportunity like this before. If you don't believe that software code is value then you should also believe companies like Microsoft and Facebook should be worthless.
@@navajorezathlete1202 If you're asking you haven't done your research (and are not familiar with the adoption curve): new money always comes in from retail investors but above all from institutions. This is asset agnostic, not specific to BTC. In the first few years this space was mainly "funded" by retail (the "crazy" pioneers who bought in early, recently institutions started flooding in and the market cap kept going up. Again, the main thought here is price is irrelevant as long as the value is there and there is no denying that it is so the price will inevitably go up exponentially as time goes by.
Great informative video! I like Saylor's videos but this one explained a lot more with the charts, etc. Too many parts to list but here 23:1032:5037:5715:59 recently added for 7-30-22. (Looks like 2018)
This is an insightful discussion and honest review of Brians own investment history in the Crypto space. I feel his outlook for Bitcoin is too Bullish for me, but I would be more than happy for Brian to prove me wrong in 2029.
interview was around October 15.his model does not work.. initially, he predicted 80 k by end of 2021 then changed it to 100 k wishy washy. inconsistent. but he does make valid points.
No long term bitcoin price predictions has been correct. It is always overestimated by a long shot. I'd be surprised if BTC breaks 70k 2022. The price hike in late 2020 has no real market explanation except increased speculation. There needs to be adoption etc for price to increase. If you just use it as value storage without market adoption (as with gold etc) it serves no purpose. Also for miners to remain there needs to be payment for goods and services transactions happening. And the transactions needs to have lower fees than debit and credit cards. Its a conundrum.
In Additional < My advise is don’t just venture on any asset for the sake of it, I seek the guidance of “Robert Kirkland “ who has made me understand that strategy is everything, hodling and compounding his strategy has brought 23 btc returns so far this year. I copy his trades in real time which I can confidently say I am impressed.>..
If you haven't followed the gold & silver markets over the past decades, I suspect the futures market is being used in the same way to suppress the BTC price as has been done to gold and silver. Until now, gold & silver have been big threats to the US$. Now BTC is as well, so they will suppress it as much as they can.
hm ... 10m would also put Bitcoin's market cap at 222 trillion (12 ZEROS) ... not so sure about that one. I think for that to happen, whole countries (and quite a number of them) would have to adopt it as their reserve currency. But who knows ... I guess we'll see ...
STARTING EARLY IS THE BEST WAY OF GETTING AHEAD TO BUILT WEALTH, INVESTMENT REMAINS THE PRIORITY, THE STOCK MARKET HAS PLENTY OPPORTUNITIES TO EARN A DECENT PAYOUT, WITH THE RIGHT SKILLS AND PROPER UNDERSTANDING OF HOW THE MARKET WORKS.
@@White-Lightning_Node If fiat value is worthless , how can bitcoin worth anything and it’s value is denominated in fiat ? Bitcoin is simply a fiat ledger …. Bitcoin will thrive as long fiat value is worth anything but if fiat becomes 0 bitcoin would be worth 0 …..
Unless we are talking about a belief in btc when the belief fiat has dried up. In other words a transfer of belief to something that can’t be manipulated by a handful. In that sense then yes, the statement of $10 mil in 10 years is erroneous because the current unit of measurement (fiat) will have skewed so far past it’s usefulness….
Wow what a year it’s been learning and investing into crypto. The comparison to not being able to buy the internet protocol vs being able to buy bitcoin protocol is the key take away for me.
I can sell a piece of internet protocol for only $69,000 per text character. There is bound to be some fools to buy FREE open source code like bitcoin and internet protocol.
Global economies of 2029 are going to be massively different to now, the USD might not even exist anymore. I do think Bitcoin will grow in value, however.
Bitcpin relys on the dollar price model to understand its value. Nothing is in a Bitcoin price model. When you see 3 pack underwear priced in bitcoin .0000087164$, then maybe. Lol
@@bricklawson9745 Yes because bitcoin was worth zero …. It gets harder and harder as your market share increase right ? If bitcoin reach 10M , how much will a house be worth ? Bonds or stock market ? It’s all relative .
Like many analysts, I am positive about bitcoin. I am sure that now it will begin to develop very rapidly. It is still difficult to give an accurate forecast. But I prefer to buy it on Bitfinex and hold it.
Brian Estes - met at The Takeover in Vegas. I've not met many people in life who are as brilliant, kind, humble, and funny. Anywhere he goes, we would all be wise to follow.
Only because central banks print more fiat, so that by the time it's 2029 you're only seeing a hyper inflated currency which makes Bitcoin super pricey. In the same way an Apple costs $1 today, it'll cost $10 by 2029. The only thing that doesn't inflate are salaries.
Question. If Bitcoin is finite in supply, and all the wales hold the majority of coins. Where is the parity for the community? Where is the cash flow? Does it become a toy for the rich and then a pointless crypto currency?
in year 2095 bitcoin will hit 98Billion dollars per coin, in the month of May. Then it will have a pullback, you can then sell in May and go away, like Buffet said. No need to buy the dip in bitcoin because it will only go straight up. There will be no dip.
Noone has a clue. Borderline comical to see these "models" being made purely based on past performance, something that is a fundamental no no when it comes to investing.
@@mark0365 yes totally agree you always have to look at economic variables such as things like evergrand,also interest rate hikes ! Theirs a lot of leverage out there ! Even Michael saylor is levered, albeit low interest but if it goes up 1or2 points he’d have to sell some! I think it will go down to 40 000 and top out at 70000 max and I’m ok with that !!
The economic crisis is just a time that differentiates the wise from the other, the wise will invest right now either in stock or cryptocurrency just to hold some shares of something
As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future!
What do you think about investing in different stocks such as B.T.C as a result of the recent news, would it be a possible clever move or just living up to mass hysteria?
when did this originally air because he's saying "it'll be 80K this year" meaning 2021. So, if this came out when btc was 60K like they're talking about, that was way back in the fall. He also said it's "fairly priced here at 60K" , so , now on 1/21/22 it's at 35k. Would like a 2022 update on all this as it's cratered big time
you still have to pay the loan and interest back. Bitcoin volatility allows for both easy payment of these aformentioned but also for losing all your bitcoin. Lending = Risk
If Bitcoin goes to $10m that means it will have a marketcap of $210tn (210.000.000.000.000). The whole of the US gov debt is $30tn. For this to happen, money would either have to die which would make $10m irrelevant. Or basically every nation, corporation, institution and individuals would have to dump all their belongings and net worth into buying Bitcoin every single year. If you pool all the assets and money in the entire world together, there might be enough nominal wealth in the world to reach $210tn if you count in derivatives. Then we'd need it ALL to be dumped into Bitcoin. Truth is there isn't enough liquid assets that can be flipped into Bitcoin, even in 7 years. You'd need 50% of all home owners around the world to sell their homes to buy Bitcoin. And you'd probably need everyone to hold their Bitcoin through 3000% gains for 7 years. I'm as bullish as anyone on Bitcoin and crypto but this is just mathematically silly. $100k? Sure, why not. $10m and a $210tn market cap by 2029? Come on now, use your heads.
Bitcoin is the ONLY (global) “flight to safety” asset; not gold, real estate, or bonds. Bitcoin is the (virtual) **financial bridge and life raft** towards the new financial order. Because cash is becoming more scarce, this will accelerate Bitcoin adoption (as a store of value and medium of exchange).
@Arugami Media To reach a 200 trillions cap for bitcoin it would mean all citizen In the WORLD at 10 billions people on earth ( around 8 billions today) would need at minimum 20k each ! Think about that .
Listen buddy for once in your life,,, I dont need to respond but your mentality is the reason youll stay in a box. Computers and technology have exponentially advanced along with whats goin on today, I was in high school with dial up computers in the early 2000s. Hard to wrap your head around unless youve seen it before. Ive seen it, takes time but whether you like it or not or understand it youll be using it within this decade. Food for thought...
@@sivi9741 Wont matter your math is wrong buddy. Some people that are smart will be sitting on millions of bitcoin so the math dont add up. This isnt a equal sum game buddy.
@@sivi9741 You young guys gen z need to listen because the milennials and gen x have been here an seen things develop. You guys think you know but little do you know. It would be wise to listen. If not youll wish you did just like apple in the 90s and 2000s and amazon etc.
@Arugami Media it's one thing for an asset to go from zero to a considerable sum, it's completely another thing for that asset to be worth 5 times all the assets in the S&P 500
I'm new to cryptocurrency and I find it difficult using these strategies well. Where can I find a legit broker? that will manage my account and also teach me how to trade.
It’s funny with numbers people inherently don’t know how to divide the price per share to the overall value. 1m supply 21m supply. 310m supply. Just divide the cap by total # of tokens/shares. It’s simple. Its crazy how people “don’t get it”.
BTC won the proof of work war which might help explain why ETH is moving to proof of stake however Cardano is going to win that war. BTC and ADA will be kings after the shakeout.
Agreed. I find that 25% number hard to believe as well. I'm in the U.S., and I don't know if we would have a higher rate than the worldwide average...I'm guessing so, but not sure.
Fantastic interview! Learned a lot I have a question as a financial advisor myself what RIA’s exist out there and now if any that allow a FA to position bitcoin for their clients?
@@rumplemcfrankenberg Unless hyperinflation, there is very little chance that btc will 200x. Say annual inflation 10% for 8 years, which would be catastrophic. That's still just 2x of the current price. (CPI currently at 6.8%, likely to peak in Q1 next year)
@@g.c955 Asset price inflation is not CPI. It has been around 15% and will likely increase. So the math is, if inflation does not increase, $10M per BTC will be a 65x. Is it likely by 2029? Not really. Is it possible? Definitely.
@@lgrrf yes, you are right CPI is not asset inflation. However asset price inflation requires money printing, i.e. you need enough USD or debt to drive up BTC to 200T. It's exponentially hard to do so, i.e. 100B to 1T takes 900B, but 1T to 10T takes 9T. Where would 199T come from? US debt is 85T, M2 money supply 21T. It's gonna take a long time to get there. Not to mention, other assets will absorb the money too. I think WW3 would break out before the Fed balance sheet could get that high.
@@g.c955 Right, it requires money printing, which has been... exponential, at a rate of 15%. So, if you want to look at current values you have to discount future prices. Assuming that inflation keeps at 15% (which is quite conservative), we're looking at BTC increasing by 65x, i.e., to $65T. So the question is where would 64T (not 199T) come from? Residential real estate alone is worth $260T. Debt securities are worth another $120T. So you would only need 17% of these two markets to move to BTC. Will it happen? If BTC becomes the standard for store of value, definitely. My only question is whether it will be BTC, another crypto, or a basket of them.
I am from the future and I hate to break it to you, but Bitcoin in 2029 is not worth anything because there is no more internet or electrical grid, or frozen waffles.
Soon Doge will be able to be mined or staked on any cheap laptop, as a layer 2 payment system on top of ethereum. If you think there's ANY WAY BTC competes with that, you're clueless.
"Bitcoin is now at 36K, almost 50% down from its November ATH. So much for those who predicted that by now it would be at 100k, 200k, 400k. And it must be painful to be so rekt for all retail suckers who bought it in the frenzy when it was 69k last fall while whales dumped it!" ~ N.R.
![[TF2] The Russian Bear Trap](http://i.ytimg.com/vi/YFNSwz2_rOA/mqdefault.jpg)
I’m here for confirmation bias.
Raoul isn’t helping with his “I don’t see a worst case scenario, it going moon” 😂 I love it
I'm here to get enraged by people from the financial sector who thinks they outstand Bitcoin without knowing how to write a single line of code.
If people wants to understand Bitcoin, learn how to read the code and be horrified by what you find.
@@Daffmeister187 please tell what you found?
@@Daffmeister187 so what would they find?
😂
To be a successful person in life require him or her of work hard and time..
The thing about being successful is working towards it and not going to the other way round
Yeah, I've been thinking of going into gold and cryptocurrency
I totally agree with you, the stock market is the most profitable venture I ever invest in,I reached my goal of $500k yearly trade earnings,Setting realistic goals is an essential part of trading
you're right one needs diversify to have different streams of income,Diversifying is the best key to investing being wealthy
Forex?
I've heard about Forex and bitcoin, watched multiple videos but always get confuses ......
You need a professional broker who will guide and manage your account properly,I was in your shoes before I got recommended to Adrian Brayden Calebfx
Investment is one of the ways to succeed in life, you can invest without waiting for government. Invest in yourself and become successful
Yeah,Investment is one of the ways to succeed in life, you can invest without waiting for government. Invest in yourself and become successful
I have been trading on my own but there's no positive outcome
How do I do about it?
I wasted my time on my strategies but I didn't get what I want until I tried Mrs Jane Rucker ever since then I've been earning a lot of money
Crypto was my only source income during pandemic
Investment is one of the ways to succeed in life, you can invest without waiting for government. Invest in yourself and become successful
As a newbie about to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advisor. I made it as a newbie by working with Alex Valentino and today I can show alot of my achievements.
We work for years to have , $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.
When it comes to the world of trade, most people don't know where to start. Fortunately great invest!ors of the past and present can provide us with guidance
Cryptocurrency/forex trading is a big chance which I do see can change someone life very profitable, if you can't see that at this point then is time to learn more about it.
Digital currency is a place we get to build product the corrupt can not see .. cryptocurrency is the best example
@Walter N. Roark .I think the most important thing you should know is staying away from TF that's were the big boys play and is pronne to manipulation as a result large sizes.
At the very last moment cryptocurrency is during incredible well. Every sensible person should be able to take advantage of it and grow.
So if 61k is fair priced then 47k a month on is cheap.
No, still on sale.
44 is cheaper
Hey, I'm from a month in the future. If you think 47k is cheap, then you're gonna love 35k.
Hey, I'm from 9 months in the future. If you think 47k is cheap, then you're gonna love 20k.
One of my personal favorite RV 2021 interviews. This guy is so smart. He has a clear framework.
Absolutely.
2051 1- TRILLION.
10 million doesn’t sound very smart.
Cryptocurrency is bringing different revolution in the world economy. Depending on one stream of income had never made any millionaire and earning checks don't put you on Forbes
I'm trying to build a solid crypto portfolio starting now that assets are bearish will be the best way to build wealth
@Eric Scott you're right
I used to see Crypto as a side thing but it has proven to be a major source of passive income since I venture into it
Reading about people grabbing multi-figures monthly as income in investment even in this crazy days in the market,any pointers on how to make substantial progress in earnings? would be appreciated!
Grabbing multi-figures in Crypto is possible with the right approach...no doubt Crypto is volatile which we've seen but committed investors are making passive income weekly and more grabbing multi-figures
Bitcoin is a new asset type and is currently in "Price Discovery" it has been decades since we had a new asset come to market in price discovery and the beauty of Bitcoin as an engineered piece of software code is that never before in the history of the world has a new asset come to market with all of its future metrics are known except it value in terms of dollars. We know how many there will be for the rest of time, we know the rate at which they are being created and we know the rate of demand that exist on the open market. Make no mistake there has never been an investment opportunity like this before. If you don't believe that software code is value then you should also believe companies like Microsoft and Facebook should be worthless.
Microsoft makes actual software products (useful) Facebook sells ads and data. Where are these examples in Bitcoin?
Never stop dreaming. Be hungry and never stop believing in your dreams. If someone can do it, then you too can do it. Be strong
Would love a Jan 2022 update from this guy.
Nothing to add in January 2022 .. price is different…fundamentals are the same value is the same
@@mircobosi bitcoin will ofc be over one million by 2029 lol its pure math
@@aladdin8372 where's all that money going to come from?
44k BTC February 10/2022
@@navajorezathlete1202 If you're asking you haven't done your research (and are not familiar with the adoption curve): new money always comes in from retail investors but above all from institutions. This is asset agnostic, not specific to BTC.
In the first few years this space was mainly "funded" by retail (the "crazy" pioneers who bought in early, recently institutions started flooding in and the market cap kept going up.
Again, the main thought here is price is irrelevant as long as the value is there and there is no denying that it is so the price will inevitably go up exponentially as time goes by.
Now I want to buy Bitcoin. Same thing happens whenever I listen to Michael Saylor 😂
I do the same
Saylor permits dozens of fake channels to run. Obviously a scam artist in word and deed.
@@darwel007 why would you accuse someone who has no control over channels on this platform. I highly doubt your assertion imho
@@ILoveLibertyJustice perhaps you have a point but it is evidence of the pure scam artistry that is the cryptocurrency industry.
@@darwel007 I absolutely agree.
Great informative video! I like Saylor's videos but this one explained a lot more with the charts, etc. Too many parts to list but here 23:10 32:50 37:57 15:59 recently added for 7-30-22. (Looks like 2018)
I appreciate the stamps! Thank you :)
Thank you so much for the time stamps
Thanks for this time stamp. 😊
Crypto is the new gold
Bitcoin is the new gold. "99% of the other tokens will vanish"
@@roberthodgson3574Yes, agree. Most crypto are scams.
This is an insightful discussion and honest review of Brians own investment history in the Crypto space. I feel his outlook for Bitcoin is too Bullish for me, but I would be more than happy for Brian to prove me wrong in 2029.
I've bought one 200 Cardano/ADA. What do you think? I'm new to this
interview was around October 15.his model does not work.. initially, he predicted 80 k by end of 2021 then changed it to 100 k wishy washy. inconsistent. but he does make valid points.
Great interview, thanks so much for the solid content.
I purchased Bitcoin in 2017 when the price was $3,750, nothing else to be said.
@Hapa Boy Yes I did along with ETH around the same time.
i bought 30 bitcoin at 520 in 2014 then sold all for 250 dollars at loss. i am so unlucky
@@rinihaque2946 So sorry!
@@rinihaque2946Uh!! Sorry for your loss…
No long term bitcoin price predictions has been correct. It is always overestimated by a long shot. I'd be surprised if BTC breaks 70k 2022. The price hike in late 2020 has no real market explanation except increased speculation. There needs to be adoption etc for price to increase. If you just use it as value storage without market adoption (as with gold etc) it serves no purpose. Also for miners to remain there needs to be payment for goods and services transactions happening. And the transactions needs to have lower fees than debit and credit cards. Its a conundrum.
In Additional < My advise is don’t just venture on any asset for the sake of it, I seek the guidance of “Robert Kirkland “ who has made me understand that strategy is everything, hodling and compounding his strategy has brought 23 btc returns so far this year. I copy his trades in real time which I can confidently say I am impressed.>..
You can reach him on T E ㄥ E G R A M.,👉 Rkirkland.
There is an opportunity for newbies to capitalize on, It's quite a shame people can't see this, tradlng is everything right now.
If you haven't followed the gold & silver markets over the past decades, I suspect the futures market is being used in the same way to suppress the BTC price as has been done to gold and silver. Until now, gold & silver have been big threats to the US$. Now BTC is as well, so they will suppress it as much as they can.
hm ... 10m would also put Bitcoin's market cap at 222 trillion (12 ZEROS) ... not so sure about that one. I think for that to happen, whole countries (and quite a number of them) would have to adopt it as their reserve currency. But who knows ... I guess we'll see ...
In 7 years? It's very possible given the current adoption.
No Chance for 10m in 2029
@@pablopipipopo yeah ... 222 trillion is a bit of a stretch to put it mildly ...
Insanely impossible…
@@ParkeLife hahahaha
STARTING EARLY IS THE BEST WAY OF GETTING AHEAD TO BUILT WEALTH, INVESTMENT REMAINS THE PRIORITY, THE STOCK MARKET HAS PLENTY OPPORTUNITIES TO EARN A DECENT PAYOUT, WITH THE RIGHT SKILLS AND PROPER UNDERSTANDING OF HOW THE MARKET WORKS.
Making money is the plan and with Bitcoin your plans can be accomplish
I really appreciate Mr Sam Justin influence during this global pandemic lock down
Bitcoin trading is the best when you are on a profitable based platform
Great guest and great discussion 👏👏💪
What they fail to mention is that in 2029 when 1 Bitcoin is worth $10million, $1 will be worth 1 billionth of what it is today.
That’s exactly why you should have Bitcoin…
Yup, if bitcoin jumps to 10 million, fiat would have been rendered worthless, and humanity would revert to barter trade.
@@White-Lightning_Node
If fiat value is worthless , how can bitcoin worth anything and it’s value is denominated in fiat ?
Bitcoin is simply a fiat ledger ….
Bitcoin will thrive as long fiat value is worth anything but if fiat becomes 0 bitcoin would be worth 0 …..
Unless we are talking about a belief in btc when the belief fiat has dried up. In other words a transfer of belief to something that can’t be manipulated by a handful.
In that sense then yes, the statement of $10 mil in 10 years is erroneous because the current unit of measurement (fiat) will have skewed so far past it’s usefulness….
@@sivi9741 u can price it in anything
Wow what a year it’s been learning and investing into crypto. The comparison to not being able to buy the internet protocol vs being able to buy bitcoin protocol is the key take away for me.
I can sell a piece of internet protocol for only $69,000 per text character. There is bound to be some fools to buy FREE open source code like bitcoin and internet protocol.
Same for me... It keeps playing over in my head!!
And a cocacola will cost 1 million
Global economies of 2029 are going to be massively different to now, the USD might not even exist anymore. I do think Bitcoin will grow in value, however.
Maybe because of inflation it will. 1 mil in todays buy power would be amazing
Bitcpin relys on the dollar price model to understand its value. Nothing is in a Bitcoin price model.
When you see 3 pack underwear priced in bitcoin .0000087164$, then maybe. Lol
Take his numbers and divide it by 5-10 and that’s where it will be
What would a $10M bitcoin marketcap look like? There is around $90 trillion in fiat currencies around the world in total. Do the math .
Refreshing to listen to a sober analysis. Thank you!
My grandma would have been 110 next year. But she died at 88.
So BTC will be worth 30% of all assets in 2029? 'OKAY'
Its a prediction, give him break. Never said it is happening for sure.
You got my vote!
I see ETH and BTC as a technology that is in evolving other technologies, so a low price is much easier to advance the other technologies.
eth can drop at anytime technologie will evolve and anything can replace eth but nothing can replace bitcoin.
@@aladdin8372 Exactly
Bitconcoin is nothing more than a gift card you will have with $1.42 left on it that you wont ever spend.
@@id10t98 funny, you might be right. Also CBDCs are a reality and may get an API for DeFi. So there goes ETH.
@@id10t98 i like the analogy
I wish, but so far these predictions have fallen flat.
Yeah. Bitcoin hasn't done anything. It's weak [Sarcasm].
It's grown faster than any other asset over the last 10 years, so I'd say it's doing fine.
@@bricklawson9745
Yes because bitcoin was worth zero ….
It gets harder and harder as your market share increase right ?
If bitcoin reach 10M , how much will a house be worth ?
Bonds or stock market ?
It’s all relative .
Like many analysts, I am positive about bitcoin. I am sure that now it will begin to develop very rapidly. It is still difficult to give an accurate forecast. But I prefer to buy it on Bitfinex and hold it.
Superb Interview loved it Ash!
Best analysis I have seen yet. Thank you
Brilliant interview. Thank you.
One of the best episode I have seen in the longtime. Thank you Real Vision.
Bitcoin to the moon, and beyond...baby!!!🚀🚀 Yeah!!!🤘🤙
Brian Estes - met at The Takeover in Vegas.
I've not met many people in life who are as brilliant, kind, humble, and funny.
Anywhere he goes, we would all be wise to follow.
He said 'you know' enough times to make me say no, I don't know.
He didn't explain why BTC has value and DOGE doesn't. If he wants investors to be educated, why didn't he describe the difference?
… do, you know the difference? Why is it that DOGE could never serve as a store of value?
Excellent guest and content! Thanks again, really appreciate the information. Cheers
Only because central banks print more fiat, so that by the time it's 2029 you're only seeing a hyper inflated currency which makes Bitcoin super pricey. In the same way an Apple costs $1 today, it'll cost $10 by 2029. The only thing that doesn't inflate are salaries.
Salaries don't inflate so you are buying ..butcoin !!! ., main Street wants your job..Wall Street wants your money and Uncle Joe wants his taxes 😏
Question. If Bitcoin is finite in supply, and all the wales hold the majority of coins. Where is the parity for the community? Where is the cash flow? Does it become a toy for the rich and then a pointless crypto currency?
same thing as gold, which is held in majority by the central banks?
The fact that the housing market is still way overpriced now is unbelievable...
in year 2095 bitcoin will hit 98Billion dollars per coin, in the month of May. Then it will have a pullback, you can then sell in May and go away, like Buffet said. No need to buy the dip in bitcoin because it will only go straight up. There will be no dip.
After all the predictions that BTC would go to £120,000 over the past few months I would take all these predictions with a large pinch of salt.
It is going to 120k
Noone has a clue. Borderline comical to see these "models" being made purely based on past performance, something that is a fundamental no no when it comes to investing.
@@mark0365 yes totally agree you always have to look at economic variables such as things like evergrand,also interest rate hikes ! Theirs a lot of leverage out there ! Even Michael saylor is levered, albeit low interest but if it goes up 1or2 points he’d have to sell some! I think it will go down to 40 000 and top out at 70000 max and I’m ok with that !!
Bitboy to the moon
They make these big predictions, to lure in new investors, its a hustle
Yes.. but how much will $10 million buy you then? Will it be like $100,000 today?
The economic crisis is just a time that differentiates the wise from the other, the wise will invest right now either in stock or cryptocurrency just to hold some shares of something
As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future!
“Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” - Carlos Slim Helu
I was really happy with my search regarding Polymetals financials; just wish they could change address 😂😁🙏
What do you think about investing in different stocks such as B.T.C as a result of the recent news, would it be a possible clever move or just living up to mass hysteria?
Any advice on stocks to buy now
Another great learning from Real Vision. Well appreciated
when did this originally air because he's saying "it'll be 80K this year" meaning 2021. So, if this came out when btc was 60K like they're talking about, that was way back in the fall. He also said it's "fairly priced here at 60K" , so , now on 1/21/22 it's at 35k. Would like a 2022 update on all this as it's cratered big time
Well last year they were trying to pump the narrative that btc was going to 250k. So people would FOMO in and they could onload their bags on retail
Date is left up corner, always
21:46 "Just Google Plan B" Then the Wife sees recent searches and it costs you half your portfolio lol
This is one of the best interviews I've ever heard on bitcoin.
I absolutely do not believe that 10% of US households own Bitcoin
Your choice; doesn’t change FACTS!!
@@theboomerbelle2723 can you cite the study? The geographical region and sample size?
The no brainer play is, buy Bitcoin and hold it forever, borrow against it if you need to spend worthless fiat currency
you still have to pay the loan and interest back. Bitcoin volatility allows for both easy payment of these aformentioned but also for losing all your bitcoin. Lending = Risk
I'm actually tired of working about stocks...it's driving me nuts these days, I think crypto investment is far better than stock..
Trading crypto has been a lucrative way of making money
Apparently the scammers are out in force.
If Bitcoin goes to $10m that means it will have a marketcap of $210tn (210.000.000.000.000). The whole of the US gov debt is $30tn.
For this to happen, money would either have to die which would make $10m irrelevant. Or basically every nation, corporation, institution and individuals would have to dump all their belongings and net worth into buying Bitcoin every single year.
If you pool all the assets and money in the entire world together, there might be enough nominal wealth in the world to reach $210tn if you count in derivatives. Then we'd need it ALL to be dumped into Bitcoin.
Truth is there isn't enough liquid assets that can be flipped into Bitcoin, even in 7 years. You'd need 50% of all home owners around the world to sell their homes to buy Bitcoin. And you'd probably need everyone to hold their Bitcoin through 3000% gains for 7 years.
I'm as bullish as anyone on Bitcoin and crypto but this is just mathematically silly.
$100k? Sure, why not. $10m and a $210tn market cap by 2029? Come on now, use your heads.
One of the best RV interviews ever! Thank you Ash!
Yes, a really gad invastment of tame :)
Bitcoin is the ONLY (global) “flight to safety” asset; not gold, real estate, or bonds. Bitcoin is the (virtual) **financial bridge and life raft** towards the new financial order. Because cash is becoming more scarce, this will accelerate Bitcoin adoption (as a store of value and medium of exchange).
Right, if it breaks 100k this year, I'll be amazed.
IMPOSSIBLE. THE NUMBERS DONT WORK OUT. NOTHING BUT HYPE
Click bait, this guy drones on for 20 minutes about computers, get to the point. What delusion makes you think bitcoin will reach that
@Arugami Media
To reach a 200 trillions cap for bitcoin it would mean all citizen In the WORLD at 10 billions people on earth ( around 8 billions today) would need at minimum 20k each !
Think about that .
Listen buddy for once in your life,,, I dont need to respond but your mentality is the reason youll stay in a box. Computers and technology have exponentially advanced along with whats goin on today, I was in high school with dial up computers in the early 2000s. Hard to wrap your head around unless youve seen it before. Ive seen it, takes time but whether you like it or not or understand it youll be using it within this decade. Food for thought...
@@sivi9741 Wont matter your math is wrong buddy. Some people that are smart will be sitting on millions of bitcoin so the math dont add up. This isnt a equal sum game buddy.
@@sivi9741 You young guys gen z need to listen because the milennials and gen x have been here an seen things develop. You guys think you know but little do you know. It would be wise to listen. If not youll wish you did just like apple in the 90s and 2000s and amazon etc.
@Arugami Media it's one thing for an asset to go from zero to a considerable sum, it's completely another thing for that asset to be worth 5 times all the assets in the S&P 500
Thank you, great conversation and content 👏
What an fantastic Interview. Thx for dropping all the facts and insights 🙏
Person in 2029: 'So tell me, what did they mean with '10M dollar'?'
“btc will be $80k-$100k by the end of 2021…btc is fairly priced at $61k today”
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2/2/2022 btc = $38k
Awesome content!! Love the analogies 👌
this is great. but the fact that he says "you know" in almost every sentence is driving me bonkers!
I'm new to cryptocurrency and I find it difficult using these strategies well. Where can I find a legit broker? that will manage my account and also teach me how to trade.
@Fadhlan Arif How can i contact her please
@Fadhlan Arif Thank You
Don't trade. Just DCA and get a ledger nano.
Great quote Brian Estes. "New technologies are worthless, until they're priceless." - Brian Estes (ok to tweet?)
It’s funny with numbers people inherently don’t know how to divide the price per share to the overall value. 1m supply 21m supply. 310m supply. Just divide the cap by total # of tokens/shares. It’s simple. Its crazy how people “don’t get it”.
This forecast seems to me too optimistic. Of course, I am confident in a strong price increase and I plan to sell bitcoin on Bitfinex with a new ATH.
Thank you for this amazing video gents 💚
BTC won the proof of work war which might help explain why ETH is moving to proof of stake however Cardano is going to win that war. BTC and ADA will be kings after the shakeout.
Hedera's hbar will be in the top 5 when all crypto will be obsolete.
Isn’t Cardano centralized?
Great interview - so funny how he says “yeoh” often. I don’t even know what it means. 👍🏼😂
He's saying "ya know"
Is bitcoin really at 25% adoption because most everyone I know knows of it but does not own.
Agreed. I find that 25% number hard to believe as well. I'm in the U.S., and I don't know if we would have a higher rate than the worldwide average...I'm guessing so, but not sure.
Fantastic interview! Learned a lot I have a question as a financial advisor myself what RIA’s exist out there and now if any that allow a FA to position bitcoin for their clients?
Amazing interview! Please have Bryan back soon!
I doubt it would go that high. $1M at most
Because $10M means 200T market cap. (s&p500 has 40T, gold has 11T)
what will inflation alone be through 2029?
@@rumplemcfrankenberg Unless hyperinflation, there is very little chance that btc will 200x.
Say annual inflation 10% for 8 years, which would be catastrophic. That's still just 2x of the current price. (CPI currently at 6.8%, likely to peak in Q1 next year)
@@g.c955 Asset price inflation is not CPI. It has been around 15% and will likely increase. So the math is, if inflation does not increase, $10M per BTC will be a 65x. Is it likely by 2029? Not really. Is it possible? Definitely.
@@lgrrf yes, you are right CPI is not asset inflation. However asset price inflation requires money printing, i.e. you need enough USD or debt to drive up BTC to 200T. It's exponentially hard to do so, i.e. 100B to 1T takes 900B, but 1T to 10T takes 9T.
Where would 199T come from? US debt is 85T, M2 money supply 21T. It's gonna take a long time to get there. Not to mention, other assets will absorb the money too. I think WW3 would break out before the Fed balance sheet could get that high.
@@g.c955 Right, it requires money printing, which has been... exponential, at a rate of 15%. So, if you want to look at current values you have to discount future prices. Assuming that inflation keeps at 15% (which is quite conservative), we're looking at BTC increasing by 65x, i.e., to $65T.
So the question is where would 64T (not 199T) come from? Residential real estate alone is worth $260T. Debt securities are worth another $120T. So you would only need 17% of these two markets to move to BTC. Will it happen? If BTC becomes the standard for store of value, definitely. My only question is whether it will be BTC, another crypto, or a basket of them.
The fact that he is validating a model of Bitcoin against a dollar value is proof he has no idea what decentralisation and the purpose of Bitcoin is.
In 2029 it will take 2 bitcoins to buy a roll of toilet paper.
I am from the future and I hate to break it to you, but Bitcoin in 2029 is not worth anything because there is no more internet or electrical grid, or frozen waffles.
Soon Doge will be able to be mined or staked on any cheap laptop, as a layer 2 payment system on top of ethereum. If you think there's ANY WAY BTC competes with that, you're clueless.
This video will live in infamy! LOL 😂 😂 😂😂🤣🤣
"Bitcoin is now at 36K, almost 50% down from its November ATH. So much for those who predicted that by now it would be at 100k, 200k, 400k. And it must be painful to be so rekt for all retail suckers who bought it in the frenzy when it was 69k last fall while whales dumped it!" ~ N.R.
“Ethereum is slow and expuunsive…” I love it lol
32:04 Relative to Binance Smart Chain and Solana
Just watched this for the 2nd time and it is outstanding. Thank you Brian.
Amazing! Thanks for this interview!
In 2029 $10M will be worth $100K
Well said.
More like $2.3M
Thank you gents. Superb!
This was brilliant! Great work
It is impossible to know the price in 2029. There are too many factors involved to know.
Great interview and discussion 👏
Watching my BTC dip below $40k in 2022 like 😭
With the rate it's going, it will be worth $2029 in year 10,000,000.
that stock to flow doesnt take into consideration bitcoin that was lost, locked up, stolen etc
Thank you for the great information.