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1917: “Here’s How Bitcoin Will Grow Another 100x to $10,000,000 Per Coin”
00:43:04
Bitcoin is on track to grow another 100x to $10,000,000 per BTC according to Bitcoin OG Tour Demeester.
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- [00:00]
JV
Oh no. Bitty's down. Looks like I'm fasting tonight until the bitty bounce like the passion of Christ. In today's show, I'll be sharing the latest technical analysis as we do each and every day. We'll also be discussing the latest from the high priest of bitcoin, Max Kaiser as well as the M2 money supply could trigger a parabolic Bitcoin rally as well as US spot Bitcoin ETF see the largest ever daily outflow of 938 million as the institutional manipulation continues. We'll also be discussing Bybit hacker launders 335 million as funds continue on the move regarding the 1.4 billion recent hack. Also breaking news. Gamestop buying Bitcoin would bake the noodles of Tradfi according to the Swan executive. We'll also be discussing very bullish, bullish price prediction of bitcoin doing another 100x from here according to the Bitcoin OG Tour de Meer. We'll also be discussing a throwback prediction from 16 years ago back when Bitcoin was trading at virtually zero. This man made a 10 million price prediction. We'll also be taking a look at the overall crypto market. All this plus so much more right here in today's show. Yo, what's good crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at crypto news alerts. Again that's crypto news alerts.net today is pod episode 1917. I'm your host JV. Almost said JB. Ironic. But anyways today is February 26th, 2025. Markets pretty wrecked overall. Big correction this week. Obviously preaching to the choir. But as you can see on your screen, Bitcoin's currently in the $83,000 range. Fast approaching 80,000 potentially can slip all the way to 70. You guys let me know where you bottom will be as we continue and I'll dive into a little TA here shortly. So stay tuned. Looking at the market right now, as you can see, Bitcoin's corrected another four and a half percent on the day. Ether is down six and a half percent. Most all the major cryptos minus litecoin. Yeah, I mean not doing so well today and zooming out and checking out coinmarketcamp.com the current crypto market cap sits at 2.76 trillion. The Bitcoin market cap all the way down to 1.65 trillion. Dominance we'll get to in a second. Volume is 137 billion for the past 24 hours. Dominance is at 60.2%. Ether holding on to 10% dead even and checking out top 100 crypto gainers past 24 hours. We got Ko up 41%, Story up 13% and Bera chain up 12%. Ben. But the majority of the market is on rec city and we'll get to that here shortly. As you can see here on the crypto bubble, safe to say 8020 red over green on the day and zooming out on the monthly and as you can see rec city for real, for real maybe 90 to 95% of the market. Many of these major alts including Trump coin down over 50% so be careful with the coinery and checking out the crypto g in for index, we're even lower today. I like to share this metric because the lower this gets in extreme fear, the more likely of a big a big pump and vice versa. When these numbers get very high, we're more likely of a dump but right now they're very low. The lowest we have seen it. Still some room to go lower though. Currently in extreme fear last week was 44 and last month is 71. In greed and checking out design chain calendar we have 164,574 blocks into the next having of 2028. We're currently on block number 885, 426, but who's counting? And you can currently exchange one fiat monopoly dollar for almost 1200 sats to today. So a great BTFD opportunity. 1197 per dollar to be exact. So pick up the stats, put down the gats and pick up some bitcoin caps from my man Sergio over@bitcoin caps.net we're going to dive right into today's technical analysis, aka astrology for the brosis. So let's break down the latest. Also be pulling up the live charts which I love to do. Bitcoin price top is not in as the Woff model hints at 100,000 for the retest. Well, I guess we got to get back out of the 80s obviously. But Bitco has dropped by as much as 21 over a month after establishing the record high of 1093, which ironic enough was Inauguration day. That was the morning Trump got sworn in. Still, some analysts remain optimistic, anticipating a continuation of the bullish trend in 2025. They say the trend is your friend. The Wyckoff reaccumulation pattern is a technical setup that is comprised of consolidation and accumulation periods following a strong uptrend and speed. Speaking of periods, exactly what we're witnessing. With all the red in the market.
- [05:00]
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- [05:31]
JV
This pattern typically plays out in nine key phases. Preliminary supply, buying, the climax, the automatic reaction, the secondary test, the spring the test, the laser point of the support in the final phase and then leading to the sign of the strength. And as of the 26th today, Bitcoin has entered the test phase of the woff pattern according to independent analysts. Super bro, I don't know of any relation to the super Smash Bros. Mario and Luigi, but I digress. In this phase, bitcoin's retesting the spring phase low of 85, 950, which we're currently below. We're currently in the 83, 84 range and dropping. That's wild. As support. Aiming to confirm a bullish continuation towards its new last point of support. Near 96, 780 already lost. Unfortunately, the Y cough reaccumulation framework expects a new uptrend cycle to begin once bitcoin enters the final stage which is the sign of strength. That's what we're waiting on. It would require a successful retest of the Partner's Peak near 1067. The pattern, my bad. Including a decisive breakout above the 100,000 threshold. All eyes on six figures. And again we're like 25,000 away from the all time high right now. So it's a great BTFD opportunity. Shout out. Trevor F. I appreciate you joining the huddle gang and supporting the show in that way. Hot okay. A similar pattern in August of 2024 resulted in a price boom from 53 to 74. And interestingly this analyst VJ recalled the same period in 2024. We're in Bitcoin consolidated inside 50 to 70 price range for eight months only to break upwards in November when Trump won the U. S Presidential election, which really kicked off that second leg of the bull run. Bitcoin weekly charts indicate more price declines in the coming weeks. But instead of speaking about it. Let's just P of the charts. But first I want to share a prediction from the high priest of bitcoin, the one and only bishop of bitcoin, Max Kaiser. The MAGA agenda means efficiency and accountability to an economy and stock market that has known neither for 45 years. I'd expect a 66% pullback in the S&P 500 if Trump and Musk go full metal jacket on fraud, waste and abuse. So my question for y'all, do you think we will likely see a 66% pullback in the S and P? And what do you think the carnage will reflect in bitcoin if we do get the 66 pullback in the stocks? Holla and let me know. Let's pull up some of the live charts. A little live chart action Jackson. We are recovering from that bottom as you can see. But there's a one minute chart so it doesn't mean much. But we are green at this very moment on the minute chart. But like I said, we got to zoom out and get a better perspective. Let's check out the one hour and we'll keep working our way backwards. One hour chart looks like bitcoin fell off a cliff. Good lord. Just crashing all morning. 1, 2, 3, 4, 5, 6, 7, 8. Virtually consecutive red hourly closes which is not good with one itty bitty green in between. So the cascading losses continue as we continue to bottom and zooming out from there we check out the four our not looking good. Typically it's my favorite chart to look at but Obviously the past 12 hours have been pretty horrific and zooming out from the four hour. But here's the silver lining, Broskis. One bitcoin is still one bitcoin. So if you're a bitcoiner there's really nothing to worry about. If you got caught leverage trading or doing something high risk such as the altcoins then you're probably like yeah, I mean kicking yourself in the butt right now because most likely you got wrecked. And that's why you got to be very careful to share coinery. You've been warned. But on the daily chart, three days of obviously big red closes which is not good. You know, taking us further and further down. We're currently 82. 6 and we're dropping pretty fast. I have a strong feeling we're going to retest 80 as support here probably during today's show and let's see if it holds or if we continue to crash more. Like I said, Arthur Hayes was calling for 70,000 as a bottom there are some CME future gaps between 70 and 80 so we'll see how this plays out. And zooming out from the one day, take a quick look at the weekly obviously big red candle forming here. But yeah we still have the 124000 target on your screen which I feel can still happen quite fast. If the market were to turn around, retest a hundred thousand and break through I think once we could re test the current all time high of 1093 and reenter price discovery I think that's the most likely scenario heading to the 120-130 ra range but I know that seems like miles away at the current moment considering we're only at 83. I mean it's quite a distance but nonetheless checking out the monthly we do get a new monthly candle close. Clearly it's going to be red Ryan.
- [10:34]
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- [11:04]
JV
A miracle happens between now and Friday and I believe Friday is the last day of the month. Correct me if I'm wrong, but it is February. The greatest month of the year and the shortest at the same time. But I'm a little biased. Clearly it's my birthday month. Okay, parabolic Bitcoin obviously markets crashing, but we can still be optimistic. This next headline here reads M2 money supply can trigger a Parabolic Bitcoin Rally. What Roy Jones say y'all must have Forgot the growing M2 money supply could trigger the major rally for the biddy, but an analyst cautions against betting everything on the emerging signal. Yeah, you don't gamble, you just huddle DCA and stack accordingly. Quoting them here. This isn't a market to bet your whole stash on a quick correction, but our central scenario is still for a strong march and beyond. So let's prepare for a strong march, shall we? In normal times, global loosening measures are a pretty reliable lead indicator for the crypto. The data we have suggests the spot buyers are active buying right now and the US has raised this debt ceiling by $4 trillion. Go u s it's not all doom and gloomy. Added the year on year fixed exchange rate for the M2 money supply of the four major central banks have reached 3.6% in January according to the macro data as outlined right here. Many crypto analysts point to historical trends where a global M2 money supply rise has led to the higher biddy prices driven by increased liquidity as well as the lower interest rates. Economist Lynn Alden wrote in September research report Bitcoin moves in the direction of the global M2 83% of the time now ironic is I was born in 1983 and what else is ironic? The prelo bidious sitting at a discount at 80 right now. Coincidence? I think not, crypto analysts Bitcoin data said with weakness in the dollar causing the net positive effect on global M2. Just a matter of time hopefully before the bitcoin realizes. And echoing a similar sentiment we have Colin Talks Crypto who shared that the global M2 money supply predicts a big move is coming for the biddy. Let me know if you agree. Investment Research Account Bravo Research said in the next post that the US money supply has doubled in just 10 years and this liquidity surge can fuel the bitcoin parabolic run up as Bitcoin just dropped now to 83G's baby. And that was after Trump said a day earlier he planned 25 tariffs on Canada and Mexico. It seems we've been dumping ever since and he had agreed to Pause them for 30 days earlier this month. But you guys let me know how you think the market will play out. My personal two satoshis here is there's a lot of manipulation from the big the big boys, the big players and they prefer to buy bitcoin at a discount like 83, 000 versus 109. And so if they can keep the markets on wreck AKA til as long as possible, they're going to do that. They're going to continue to accumulate and the big dogs, the Black rocks, the Mikey Sailors, etc, they're laughing all the way to the bank. All right, let's discuss these outflows which continue to gather momentum. US Bobby County TFC the largest ever daily outflow of 938 million. That's why I say there's definitely manipulation going on with the institutions like BlackRock because it's just day after day more outflows, more outflows. Clearly if there were no outflows and there were nothing but a billion dollars worth of inflows when we reverse course. Market would have to go up, you would think. But US spot Bitcoin ETFs have seen their largest ever daily net outflows as Bitcoin continues to trade below 90. In fact we're at 83 and we're probably going to be retesting 80 here very soon. The 11 Bitcoin funds on February 25th together saw net outflow almost a billion dollars and what is their sixth straight trading day of outflows. Womp womp. The ETF exodus, which we covered in great detail on yesterday's show, follows a crypto market route that has seen bitcoin drop by 3.4% over the last day, plunging to a 24 hour low of 86. Now again it's 83 after the intraday low the other day at 92. The fidelity wise Bitcoin origin fund led the day's losses with 344 million of outflows, a new record outflow for the ETF. Meanwhile IBIT was runner up with an outflow of 16064 million. The Bitwise Bitcoin ETF lost 88 million while Grayscale 2 funds net lost 151 million, split between 66 mil from GBTC and 85 mil from the Bitcoin Mini Trust and around 2.4 billion has exited the 11 ETFs thus far this month which have seen just four days of net outflows. ETF store president Nate Jurassi said that still amazed at how much Tradfi hates bitcoin and crypto Huge victory lapse at every downturn. Hate to break it to you but no matter how big the drawdowns are, it is not going away. Meanwhile, analysts and industry expert Just Blaze, Arthur Hayes and 10X Research Bolt shared that the majority of the Bitcoin ETF investors are hedge funds seeking arbitrary yields, not long term bitcoin investors, hence manipulation. And again I covered this in great detail yesterday. He's calling for 75,000 dump on the continued outflow from the spot ETS which would mean another 13000 drop before we bottom if that is the play out. Lots of IBIT Hodlers are hedge funds that went long in the etfs while shorting CME futures. Turn a yield greater than that from the short term US Treasuries and the basis yield falls with a bitty price. These funds will unwind all their IBIT positions and buy back the CME futures. More manipulation. 10x research also shared revealing more than half of the spot bekonatf investors were funds playing the ETF arbitrage game. Exactly. Said the unwinding process is market neutral since it involves selling ETFs while simultaneously buying bitcoin futures. I disagree. I think this has a very negative impact on which we're experiencing in the market. But you guys let me know your thoughts and do you think these ETF outflows will likely continue? And do you think we'll drop all the way down to 70 GS as Arthur Hayes just Blaze proposes? Let me know either way and I'll read your comments out loud. Welcome everyone to the live stream, but let's continue the latest with the money movement from the Buybit hacker. Remember the 1.4 billion hack? Well, the hacker just laundered 335 million as the funds continue on the move. That's right, the hacker behind the 1.4 billion bit by bit exploit has laundered more than 335 million which investigators counting to track the movement of the stolen funds. Crypto investor sentiment was hit by the largest hack and I know that didn't help with the price action in the market when buybit lost 1.4 billion in liquid staked ether, mantle staked eth and other digital assets which were all I believe ERC 20s which are on the Ethereum blockchain on chain Data shows The hacker move 45, 900 ether worth about 113 million in the past 24 hours, bringing the total amount laundered to more than 135000 eth valued at 335 million. That leaves the hacker with about 363900 eth worth around 900 million. And the hacker has been identified from as a gentleman from the Lazarus Group in North Korea. That's what the news was saying yesterday, at least quoting them here. There are still 363900 each worth 900 million, almost a billion dollars in the Bybit hacker address. At the current rate, it'll only take another 8 to 10 days to clean it up. And when they say clean it up, I don't know if that means get rid of it and trade it for something more valuable like bitcoin. I'm assuming blockchain security firms including Aram have identified North Korea's Lazarus Group as the likely culprit behind the exploit. The heist. And this is one of the largest crypto heists of all time. On February 25, four days after the heist, Bybit co founder Ben Zhao declared war on the Lazarus Group. I mean look at all these heists that I believe they're responsible for. Bybit, Poly Network, BSE. I mean 1.4 billion 611 million pretty significant hacks. Meanwhile, blockchain analytics firm Elliptic flagged 11000 crypto wallet addresses suspected to being linked to the Bybit exploit. That list is expected to grow as the investigation continue. Scale of the attack the Bybit response might help rebuild trust on centralized exchanges. Dan Hughes, founder of the decentralized finance platform Radix, said Bybit's immediate response prevented a larger market sell off. Quoting him here, Assuming the worst is behind us, the manner in which Bybit handled the situation may actually recover some confidence in the centralized exchanges. It would demonstrate that with adults at the wheel, centralized exchanges can be trustworthy and responsible custodians of our assets. So are they trying to say non adults are untrustworthy? I don't get it. As if like the hackers are non adults or something, right? Primarily it matters most if Bybit can indeed absorb that loss as claim. And thus far withdrawals have been honored and I believe there was a mass exodus of withdrawals of over $5 billion of liquidity drained from the exchange of people in fear that maybe it would go under if there was similar to what we call a bank run where all the customers want to withdraw at the same time. You know buybit continued to honor customer withdrawals and had fully replaced. All it would take is like, especially with social media like one customer I try to withdraw and they won't allow me and then it would spread like wildfire and then there'd be a huge run up and the exchange would. Yeah, I mean just like we saw at ftx that can happen to any exchange at any time. You got to be very careful. But anyways Bybit hack alone accounts for more than half of the 2.3 billion stolen in crypto related hacks. So it seems by bit is a honeymoon pot in of itself. The, the hackers love by bit because I guess when you have 1.4 billion just sitting in an address, you attract it. You know, I mean crazy. We're going to discuss the latest from GameStop. Four point something billion on the balance sheet could be buying bitcoin. You never know. You know Michael Sailor's been commenting his post and there's been some talks and there's been pictures of them recently meeting so who knows what's really going on but this would be major and then we'll discuss the 10 million prediction. And I know it feels like a lifetime away like oh JV we're at 80 000. You're talking 10 million. You crazy? I mean it is what it is. We cover the good, bad, the ugly. Let's not forget we all know where bitcoin is headed and it's heading to that 10 million target. Obviously not happening today but we will get into it. But first GameStop buying Bitcoin would bake the noodles. Let's bake the noodles then shall we? And I ain't talking about low main if you feel what I'm saying. I ain't talking about what are those other noodles all the poor people of the ramen noodles. And FYI, stay away from ramen. I used to eat a lot of ramen. I didn't know any better. Like most folks, especially young men when you move out of your parents house and I think that's all I ate for a long time. Ramen noodles, it's one of the most unhealthy foods that you can possibly put in your body broskis. So get off the room. The, the, the, the Roman, the Raymond, the ramen, whatever you call it. But I digress. Gamestop Corp. Has acknowledged a letter from Strive Asset Management urging the gaming retailer to buy the bitty, which a crypto exchange executive says can blow the minds of the traditional finance investors. That's right, GameStop CEO Ryan Cohen confirmed in February 26th he received a February 24th letter from the Strive CEO Matt Cole advising the gaming retail or to use 4.6 billion in cash to buy Bitcoin. That'd be pretty significant and use the market offerings to fund the additional purchases. Now we're talking quoting them here. If Gamestop embarks on the leverage bitcoin equity strategy, it will bake the noodles of so many of the tradfi investors and commentators who think both GME and Bitcoin are a joke. Take that Peter Schiffmeister. Gamestop was Central to the 20202021 meme stock craze and a short squeeze strategy inspired by Reddit users which caused substantial losses for Wall street firms short on the GME. GME increased nearly 11,500% from $0.70 to 81.25 between April 2020 and January of 2021. Cole's letter follows a Feb. 13 report that GameStop started considering investing in Bitcoin and alternative asset classes are all detailed right there in the letter. In this letter to GameStop, Cole recommended the company purchase more Bitcoin by issuing via at the market offering and convertible debt securities. Sound familiar? Kind of sound like the Sailor put. He also said the company should sell or close all stores operating at a loss and expand its online presence, which would allow it to be able to purchase more of the Bitty. Cole said a bitcoin treasury would position GameStop from meme stock to market leader while serving as a true savings asset by protecting the company against inflationary pressures impacting fiat currency currencies. Cole advised GameStop to steer clear of investing in any other cryptos. I couldn't agree more. Stay away from the coinery as the bitcoin only approach would reinforce GameStop's image as a disciplined, forward looking organization while protecting the long run shareholder returns. GameStop's Cohen recently shared a photo with Mikey Sailor, the Chairman of the 44.2 billion Bitcoin holdings business and intelligence firm Strategy Baby, formerly known as MicroStrategy. I mean look at these two giga chads together. I mean don't get no sexier than that. Except the GameStop CEO needs to get one of Sailors bitcoin shirts on underneath. That'd be pretty dope. But anyways, strategies Bitcoin buying has inspired other public forums including Meta Planet, who just announced another purchase as I shared in yesterday's show alongside El Salvador, to adopt similar strategies. Now big money could be about to flow from GameStop right into Bitcoin other companies. There's Amazon, there's Microsoft. There's a lot of big companies out there that should really embrace thiability. And quoting Luke broyles, if GameStop buys 5 billion of the biddy at 88, 000 then another 3 billion raves at 110,000 they would have 84,090 bitty. GameStop has a brief opportunity to become legitimately a financial powerhouse if they act quickly and decisively. So the million dollar question becomes will they pull the trigger? Is the GameStop CEO talking with sailor right now and thinking about the big Bitcoin purchase, potentially $5 billion? And how would that likely impact the prelo biddy price action? Jackson, you guys let me know and I'll read your comments out loud. Now for our feature story of the day. Bitcoin can grow by another 100x. Can it really? Yes, absolutely. According to this Bitcoin OG toward me and Max Kaiser reposted it. Actually found it on his timeline earlier and I thought it would be a great topic of discussion, especially as we're correcting in the 80,000 range right now. Why not? But yeah, shout out toward ameaster. Appreciate you sharing this. He wrote clearly right here. Could bitcoin grow by another 100x. Yes. And hypothetically if we did from a hundred thousand, that would take us to 10 million per coin. And speaking of 10 million per coin, there is a guy by the name of Hal Finney that predicted bitcoin to hit 10 million 16 years ago, back when bitcoin was trading at virtually zero. So speaking of visionaries, rest in peace, how Finney? But let's first look at this chart. You should be able to see this on your screen. Let me know if you guys can see that. Or should I keep it small so nothing's cut off. That might be better if we just keep it that way so you can see the full image. Yeah, we'll do that. So as you can see, Bitcoin's currently at less than 1% of the total addressable market. Speculation of the total global wealth is currently above 900 trillion. So we're just going to use 900 trillion as the number. So if Bitcoin accounts for just 0.2% of that 900 trillion in global wealth, Bitcoin's total addressable market would be 225 trillion, which is virtually, I think we're currently at like what, 1.7 trillion or 1.8 trillion. So it would more than double. It'd be crazy. 100x easy peasy. Assuming a 50 market share of the store value assets of course. So Looking at that 900 trillion of the global wealth, total addressable market estimate 330 trillion currently in real estate, which is a pretty big market, Clearly. Bonds are 300 trillion, another major market. Then we have the money which is at 120 trillion, we have gold. At just 16 trillion we have art. I didn't even realize the art market was $18 trillion. Equities 115 trillion. And the bitcoin total addressable market, when it hits 225 trillion, it's a game on. We're talking 10 million per Bitcoin are in that ballpark and right now. So you can see how minuscule we're at. Like I said, we're currently less than 2 trillion. And let me actually pull up coin market cap and we'll just look at the exact number. So I'm not making anything up. So yeah, right now as of today, the bitcoin market cap is all the way down. Good Lord. To 1.67 trillion. The all time high is just above 2 trillion, just FYI. So pretty significant. And reading some of the comments here, this guy wrote, hey Tor, I built a live dashboard to track this in Real time. Oh my God. And it puts things in perspective. And Tor wrote, those are some really neat graphics. This one's one of my favorite at the moment. And you can see the stats per dollar. This was 1135. Today you get close to 1200 sats per dollar because of the decline. So seize the moment, take advantage of it. But let's get into this OG prediction going back 16 years. And back then the total addressable market was way less than it is today. So also keep that in mind, which means if the total addressable market was what it is today, 16 years ago, from the inception of bitcoin, then this infamous 10 million prediction from Hal Finney would have been extremely larger. But I digress. Bitcoin historian Pete Rizzo. R I Z Z O. Open your ears, jackass. Shout out to the jerky boys. I was a huge fan growing up. Reignited interest in the iconic prediction in the recent tweet. Sixteen years ago, Hal Finney forecasts a future video price of 10 million per coin when the crypto was still valued at zero. You got to give it up for the OGS. And out to Mr. Rizzo. R I Z Z O. Open your ears there, Joey. And I mean, it's all written right here. So I'll just read you what he wrote. This is again 16 years ago. He wrote as an amusing thought experiment, imagine the Bitcoin is successful and becomes the dominant payment system in use throughout the world. World. Then the total value of the currency should be equal to the total value of the wealth in the world. The current estimate of the total worldwide household wealth that I have found ranges from 100 trillion to 300 trillion. And again today we're 900 trillion, which is three times higher than the proposed, you know, range that he gave back then of 300 trillion. So keep that in mind. Which means we can hit 30 million with 20 million coins. That gives each coin a value of about 10 million. So the possibility of generating coins today with a few cents of computing time may be quite a good bet. Yeah, with a payoff of something like 100 million to one. And that's precisely the type of returns Max and Stacy are experiencing right now. God bless them. Even if the odds of the bitcoin succeeding to this degree are slim, are they really 100 million to one against? Just something to think about. Very powerful post right there. Here's the OG right here. And again, may he rest in peace. Hal Finney's all time best bitcoin quote quotes. Let's go through this thread. He's an og. He's a legend. So let's click on this baby. And this was posted Jan 10th from the Bitcoin historian. Let's see here. What other quotes do we got the most bullish quotes from? Hal Finney. All right, here we go. So he also says, well, that's the one I just covered as an amusing thought experiment. And he projects the 10 million. Another prediction he made when it was $6. Unless bitcoins become substantially more valuable, the bitcoin network will never be substantially more resistant to attack. For bitcoin to succeed and become secure, Bitcoins must become vastly more expensive. And this was again A prediction from March 17, 2011, when it was only 6 bucks. Another prediction when it was 22 bucks. Every day that goes by and bitcoin hasn't collapsed increases the chance of eventual success and justifies the higher price. Amen. When it was zero. January of 1994. Good Lord. If you want to change the world, don't protest. Write code. Speak. And for those that didn't know, two years after this, Max Kaiser actually got the credit with the first, what's the term, digital currency ever created. He actually holds the patent on it, FYI. And that was in 96 when Bitcoin was trading at a penny. February 10th, the day before my birthday on 2010, he wrote, Bitcoin has the potential to become the dominant currency worldwide. If this happens, Bitcoins could be worth millions of dollars each. And it's just crazy. Again, this is 16 years ago before anyone knew about bitcoin. Another prediction from 1992. Here we are faced with the problems of loss of privacy, creeping computerization, massive databases, more centralization and digital cash offers a completely direction to go in. The computer can be used as a tool to liberate and protect people rather than to control them. Can I get a name in? He also wrote back when Bitcoin was zero in 2008. Bitcoin seems to be a very promising and original idea. Yeah, I'd say that again. And when it was a quarter on November 7th of 2008. Since we are all rich with bitcoins, or will be once they're worth 1 million like everyone expects, we ought to put some of this unearned wealth to good use. And when Bitcoin was $0.26. December 4, 2010. Bitcoin is a global, decentralized, yet consumer consistent database. This database is used to record transfers of coins, but it could potentially be used for more. There are many applications for a global consistent database and was $0.28 December 21, 2010 I see Bitcoin is ultimately becoming a reserve currency for the banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions. I mean, and if you don't know now you know. Let me know your thoughts on that. And speaking of 10 million, I got a bonus prediction from you from Mikey Sailor. This is something he shared where he projected Bitcoin with 425x. There's a throwback, but I transcribed the interview and here's what Mikey Saylor wrote. Because Bitcoin is just pure money. It's just as effective at a hundred thousand a coin as 10,000 a coin. And at a million a coin it's just as effective. And at 10 million a coin is probably more compelling at 10 million a coin than a million or a hundred thousand a coin. It's kind of a universally scalable asset that gets less risky. The only thing that is going to change my opinion is when it was super risky and scary below 10,000 you were getting 1 to 200% a year annualized gains. And when it got a bit more understandable, between 10,000 and 100,000 your gains go to 40 or 50% a year and then at some point they go to 30%, 20%. And in the extreme, if everybody in the world understood the pretty little bitty going up forever, it would be 20, 30, 40% of the wealth, wealth of the world. So it would be 200 to 300 trillion in today's dollars. And then the price would be appreciating at a rate of the global inflation and the fiat currency. And then he ends it with this. So if the gold inflation rate remains a 7, it would still remain a 7 and then it would appreciate a little bit more because of the productivity of the people that adopt it as a Treasury reserve asset. And if you don't know now you know. Let me know your thoughts. Those are three predictions for you at $10 million per coin. Let me know if you agree, disagree. And of course it's not happening overnight. Most likely not going to happen this cycle. Hate to bust your bubble, but nonetheless it will happen one day and I will be streaming and I will be celebrating and we'll probably have a 10 million Bitcoin fiesta with the Nipinator. Why not? But anyways, welcome everyone and don't forget to check out cryptonewselerts.net for the full premium experience with video and to participate in our live Q A And I look forward to seeing you on tomorrow's episode, Hodl.