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2086: Coinbase CEO Predicts $1M Bitcoin by THIS Date - Hyperbitcoinization Imminent
00:33:32
Coinbase CEO Brian Armstrong has just made his most explosive prediction yet: $1,000,000 Bitcoin by 2030. He points to regulatory clarity finally emerging, the U.S. government keeping a Bitcoin reserve, and surging ETF demand as key catalysts. This...
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Back to school is better with family freedom from T Mobile we'll pay off four phones up to $3200 and give you four free phones, all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 8 $2009.99 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile.
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B
Welcome Bitcoin fam to the number one daily pod. Bitcoin, as you can see, is correcting. We just dropped a couple of thousand in the past hour. In today's show I'll be sharing the latest technical analysis. We'll also be discussing U S Treasury's D5ID plan. It's like putting cameras in every living room. Say goodbye to privacy. Also, Sailor signals third consecutive strategy Bitcoin buy in August posting the Sailor tracker yet again. We'll also be discussing Brazil's crypto tax grab signals the end of an era as well as Van e Bullish forecast discussing Bitcoin reaching 180,000 and when. And speaking of bullish price predictions, the Coinbase CEO Brian Armstrong predicts 1 million per coin on this particular date. I'll be breaking down the timeline, he revealed in a new interview. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. If you are new to the Rumble, very important, smash the likes, give us a follow and hit the repost over on X. This is the number one daily Bitcoin pod. Today is pod episode 2086. I'm your host JV. It's August 24th, 2025. Happy 420. Bitcoin's correcting. We just dropped a couple of thousand. Really? In the last hour I'll be pulling up the live charts and doing what we do best here each and every day. But without further ado, let's kick it off with our market watch. Pulling up coin 360. You should be able to see this here on your screen. You can see Bitcoin in the red as the alter making a run. Bitcoin down 2% on the day Ether up a half a percent just shy of 4800 on the cusp of price discovery. And you can see all the other alts the majority actually in the green on the day. Checking out coinmarketcap.com, uh, today's crypto market cap coming in strong at 3.92 trillion. When I set my setup earlier before I hit live, it was like just above 4 trillion. So you can see we just lost some of the market share here in the past hour, but we still have 176 billion worth of volume for the past 24 hours. And the bitcoin dominance coming in even today at 57. Even McGavin with the ether dominance 14.6%. The bitcoin market share today is a market cap 2.24 trillion. And checking out top 100 crypto gainers past 24 hours. We got Monero leading the pack up 5%, followed by Radium up 2%. Very modest gains across the board as a majority of the market is. I mean, the altar barely in the green, but it's such modest gains they're not even worthy of reading out loud. Like 0.02%. I mean, for Christ's sake. But checking out the crypto bubbles, get a visual perspective on the day we do see most. The market just flipped so out. Correction on. You know, it's actually majority in the red, but I guess it just updated. But you can see that, like I said, there's a correction going on live and in the flesh at the time of the live stream. Zooming it out for the week. Very similar. Bulk of the market in the red, zooming out for the month. Yeah, I mean I'd say 70, 30 right over green. But zooming it out for the year. Definitely in the majority of the market in the green, which we like to see. I dare say maybe 80, 20 green over red. And checking out the infamous crypto greed and fear index. JB today we are back down. Is it neutral again? Yes. 53 yesterday at 60. Last week at 64. Last month a 70 in greed. And checking out the infamous time chain calendar with Anator. Today is block height 911,521. And we have literally 138, 479 blocks until the having of 2028. And as of today, August 24, 2025, you can exchange one fiat monopoly dollar for precisely 886 SATs. You know precisely what to do. You pick up the SATs, put down the gas and pick up some bitcoin caps from a man, sergio over@bitcoin caps.net and if you don't know, ask the Fed chair, Nipinator. He has access to the AI and he can answer anything on the spot. But with that being shared, let's continue with a bitty news, shall we? As you can see here on your screen, headline reads Bitcoin climbed to 1.7% of the global money before the Fed chair signaled the rate cut. That's right. In 16 years, Bitcoin went up 1.7% of the global money. According to this analyst, this company river weighed Bitcoin's market cap against 113 trillion basket of fiat currency and 25 trillion of the hard money which excluded silver, platinum and exotic metals like palladium. Pal. Good old palladium. Now the data assumes Bitcoin has a market cap of 2.4 trillion which it topped earlier in August. You know, new all time high. However, the Bitcoin current market cap is a little lower. 2.29 trillion at the time of this article, which brings the total share of the global money down to about 1.6%. And here's the outline right here. Bitcoin's market cap compared to the global money. You can see the Chinese yuan just shy of 46 trillion. US$22 trillion, the euro 18 trillion, Japanese yen 8 and a half trillion, others 14 trillion, British pound 4 trillion. And then gold, the whopping market cap of 2 point or I'm sorry, 22.7 trillion in which Bitcoin is about to eat alive and eviscerate. So take that Peter Shift Meister. Bitcoin and the gold continue to claim a greater share of the global money pie as central banks around the world inflate their fiat currency through excessive money printing. Pretty low money printer Go Burr. Destroying purchasing power and driving investors to the hard money alternatives. It's all going to Bitcoin right now. United States Fed Chair J. Pal delivered a keynote address at the Jackson Hole Economic Symposium in Wyoming on Friday, signaling and pending interest rate cuts and continued monetary expansion. Quoting the fake chairman here because the real Fed chair is always going to be Nipinator. Get it straight. But anyways, quoting J. Pal Our policy rate is now 100 basis points closer to neutral than it was a year ago. And the stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance. The price Bitcoin surged 2% in the response to the speech, hitting a price. Actually it did touch 117 and just prior to that it was like 111. So we had a nice run up and now we're correcting yet again here on a Sunday. Now bitcoin and other cryptos tend to appreciate during periods of monetary expansion as the price of digital assets continue to correlate with global liquidity levels. For example, 75% of investors now anticipate an interest rate cut of 25 basis points in September, according to the data from the CME Group. But you guys got to let me know your thoughts on that and what we're going to do now. We'll do some live chart action. Jackson Satisfaction Bo Jackson Tony Braxton specific for the baddies so as you can see in your screen, this is the Coinbase chart brought to you by Trading View live and in the flash and you can see we're currently sitting at112.8 and we are pumping again. We are just 1:11 at the time I hit live and we just pumped over a thousand dollars in the first few minutes of the show. Massive volatility across the board. Starting on the one hour chart you can see on your screen silver lining Bull target in the red which would take us right back to price discovery just shy of 125,000. I say send it, let's get it and if we zoom and work our way backwards we'll get some different looks. Checking out a four hour the four hour you can see a big ass red candle which took us down and we had a nice little bounce back but we have yet a lot further to go to recover today's losses. We'll be keeping an ey no particular bull targets on the four hour and we're not even going to entertain the bear targets because the bears are hibernating and the bears don't deserve no attention at this point. And with that being shared. Checking out the daily chart Bull flag rising Wedgie the only wedgie officially approved by the Fed chair Nipinator and we got a purple target Super bowl sitting at 146. 4 Bull Flag Sensation Formation I dare say bull flag in play on the daily 146.4 send it and working our way back a little further and you can see it's been correct over the weekend. Obviously Friday was the bull after the announcement of the J pal, but on the weekly you can see there's a rising wedge and we do get the weekly close which unfortunately is going to be in the red unless we have a big turnaround the next 90 minutes. I tip we typically get the close around 6pm it's right.
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Let's analyze this week's tech innovations and startup moves.
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B
Honestly Elena, I didn't track the updates but I did switch to T Mobile with their new Family freedom offer.
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C
That's not the disruption we're covering.
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B
Well, I'm pivoting from AT&T and scaling up with T mobile. They paid off my family's four phones up to $3200 and gave us four.
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C
New phones on the house unicorn status.
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A
Introducing family freedom our lowest cost to switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800 per line via virtual prepaid card typically takes 15 days free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 8, 2999 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T mobile.
- [09:34]
B
Right now it's 4:30 at the time of the live stream and you can see there's a rising wedgie, there's bullishness and then correction and we're going to have that means two consecutive red weekly candle closes. Now taking it one step back, checking out the monthly. Here's a silver lining. 1, 2, 3, 4, green monthly candle closes and we still have a whole week left for the month of August to put a bow on it. Currently in the red, but we can flip just like that and be back in a green. We shall soon see. Let me know if you think the month of August will be a red or green clothes and I'll read your comments out loud. All right, fam, next story of the day. U. S. Treasury's D5ID plan is like putting cameras in every living room. I mean, what can go wrong here? I mean, let's break her down though. The U. S. Treasury is exploring whether identity checks should be built directly into D5 smart contracts. No, please. A move, critics warn could rewrite the very foundations of permissionless finance. I can tell you this, if I had any motivation to use D5 and it required like an iris scan or, or you know, identifying yourself and like having cameras in your room watching every element of what you do, I'd be like, get off at it here, you know, I mean, last week the agency opened a consultation under the genius act, which was signed into law back July. The act directs the treasury to evaluate new compliance tools to fight illicit finance in crypto markets. If you're really looking for money launderers, look no further than JP Morgan chase. I mean that's what they do for a living. I mean, just saying, why point the finger to the Little guy. Now one idea was embedding identity credentials directly into smart contracts. I think that's some right there and in my opinion but in practice this would mean a D5 protocol could automatically verify a user government's ID. To me that defeats the entire purpose of using D5 to begin with. Let me know if you agree or disagree. Biometric credential, the out of here or digital wallet certificate before allowing a transaction to proceed. In my opinion that will single handedly kill defi. Let me know your thoughts. Supporters argued that building your KYC with anti money laundering checks into blockchain infrastructure could streamline compliance and keep criminals out of defi. Like I said, the biggest criminals run the US government. I mean Epstein's clients are clearly running the shit show. So why are we looking for the little guy? Let's just go after the big banks involved with the large amounts of the money laundering. But that's just my perspective. Let me know your thoughts on that now. Fraser Mitchell, Chief Product officer of the AML provider Smart Search shared that such tools could unmask anonymous transactions that make these networks so attractive to criminals. Real time monitoring of suspicious activity can make it easier for platforms to mitigate risks detect the ultimately prevent money launderers from using their networks. Trust me, the real biggest money launderers, that's not going to prevent because they have the license to do it. So I think this is an awful idea. It's like we're going to protect you in the name of, I mean giving up your privacy. And we know how that is a, you know, it's a downhill slope from there. They'll just take advantage of that and we'll have no privacy whatsoever. Mitchell acknowledged the privacy trade off but argue solutions exist. Exactly. Only the necessary data required for monitoring a regulatory audit should be stored with everything else deleted. Another reason it shouldn't be stored. It's a honey pot for actors. Do we want these scammers in India to have access to all of our financial data? Because they will figure out a way to steal it, they always do. And the government has no protection over these hacks. That's why everything of the government gets hacked. That's why every single major bank, the entire database gets hacked and all your personal information, Social Security card and that's why there's identity theft. So this sounds awful if you're to ask me. However, critics say the proposal risks hollowing out the core of D5 CEO. This guy compared the plan to putting cameras in every living room. I think that's the perfect Metaphor quoting him here. On paper, it looks like a neat compliance shortcut. But you turn a neutral, permissionless infrastructure into where access is gated by government approved identity credentials. Precisely. He warned that if biometric or government IDs are tied to the blockchain wallets, every transaction risk becoming permanently traceable to a real world person. You lose, you know, your privacy and by extension, the ability to transact without surveillance. And again, awful idea, but a great idea for the powers that be or the lizard folk that are trying to, you know, control the world. It's great for them. Financial freedom relies on the right to private economic life. Embedding ID at the protocol level erodes that and creates dangerous precedents. Exactly. What if they make a law? In order to do a bitcoin transaction, you got to give us your kyc. Oh, we have to prevent the terrorists from money laundering. Blah, blah, blah, blah, blah. My name is Jamie Dimon. But who gets left behind? Another concern is exclusion. Billions of people globally still lack formal identification. Precisely. We're banking the unfucking banked with a bitcoin. It doesn't require government id. In fact, it was designed to circumvent the motherfucking corrupt government to begin with. And can I get an amen? All right, fam. Now for our next story of the day. Michael Saylor signals the third consecutive Strategy bitcoin buy for the month of August. That's right. Let's break it down. All hail the Giga Chat Strategy Co founder Mr. Sailor signaled an impending bitcoin purchase, and if completed, the transaction will mark the company's third bitcoin acquisition this month. The company's most recent bitcoin buy occurred August 18, which was last week. They made the announcement when Strategy purchased 430bitcoin for $51.4 million, bringing its total holdings to629.376 BTC. Valid at over 72 billion at the time. Now, the Sailor Tracker show Strategy is now up 56% on its Bitcoin investment, representing over 25.8 billion. And unrealized gains at the current prices. I mean, look at that giga chad. Holy moly. In every circle you see, that's the Sailor Tracker where there was an announcement of a major purchase. Expect another major announcement tomorrow. The company's bitcoin acquisitions in August have been relatively slim. Strategy typically acquires thousands or tens of thousands of Bitcoin in every purchase. Yet it has only acquired 585 Bitcoin thus far, and two separate transactions for this month. Strategy leads the charge in corporate bitcoin acquisition and is the largest bitcoin treasury company by a wide margin. I'd say that again. Sailor continues to advocate for the bitcoin by orange pilling individual investors and financial institutions, sparking a movement in corporate finance. And I just remembered I gotta put the bitcoin price ticker back on the screen. We gotta look at that mofo 24 7. Good thing I remembered. Now strategy is not directly impacting bitcoin market prices with its acquisition plan. The company's corporate treasurer recently shared with Natalie Brunel from Coin Stories podcast that strategy does not move the bitcoin market with his bitcoin purchases. And we discussed this in great detail yesterday because they do the over the counter transactions all by design, which are private agreements between parties that occur outside the spot exchanges. And that's why even though he buys billions upon billions, it never impacts the price. Now, institutional investors hold bitcoin long term where my diamond hands, which raises the floor price of bitcoin over time. However, other factors like price speculation and traders have a more immediate impact on the short term market price of the biddy. Bitcoin's trading volume right now is over 50 billion in any 24 hours. That's pretty huge. So if you're buying 1 billion over a couple of days, it's not actually moving the market that much. Now strategy continues to accumulate bitcoin for the corporate treasury even amid sinking prices. And of course for Sailor, that's just positive news. You can buy more sats per dollar. So I'm sure he's welcoming the dip. And if it doesn't dip, he said, I'll be purchasing the top forever. Laura. The company's stock sank to the lowest point in nearly four months Wednesday, hitting a low of $325 per share. Let me know if you got exposure to strategy and we haven't seen levels like this since April. However, the price rebounded to around 358per share on Friday. And if you don't know, ask the Fed chair Nipinator. He has the answer to everything. Brazil's crypto tax grab signals the end of an era. That's right. Crypto may be the first tax lever governments pull when scrambling for more revenue. If Brazil's recent move is ain't in go by. That's right. Back in June, Brazil scrapped its TAC exemption for minor crypto gains and introduced a flat 17 and a half percent tax on all capital gains from digital assets. Let's map out this week's amazing destinations and travel tips.
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C
Honestly Will, I didn't plan any trips but I did switch to T Mobile with their new Family Freedom offer.
- [18:06]
B
That's not the itinerary we're following.
- [18:09]
C
Well, I'm departing from AT&T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [18:22]
B
Bon voyage.
- [18:24]
A
Introducing Family Freedom our lowest cost to switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 82999 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off earlier cancel contact T Mobile regardless of the amount.
- [18:51]
B
The decision was part of the broader effect by the Brazilian government to bolster revenue through increased taxation of financial markets. And you know the Fed chairman nipinator stance on taxes. Taxation is theft and I agree with the Fed Chair. Let me know if you agree. This is more than a local tax tweak. A clear pattern is emerging where governments are finding ways to extract more tax from the asset class. And around the world policymakers have taken a fresh look at crypto as a revenue opportunity. It was only in 2023 that Portugal brought in a 28 tax on crypto gains held for less than a year. For Christ's sake. If that ain't motivation to huddle for at least a year, I don't know what is a significant change for the country that had long treated crypto tax free. Sign of the times. The real question is now how long countries with crypto friendly tax policies can hold the line before following suit and which will be the next to tighten the screws. Now Germany for example, currently exempts crypto gains from capital gains tax if the assets are held for more than a year. Here's what I propose. No matter the amount of bitcoin, if it is held for longer than 12 years, you got a 12, I mean 12 months. You got a 12 month huddle plan. There should be no taxes whatsoever. It would motivate everyone to huddle their bitcoin for at least a year. And heck, even if you made it four years tax free, if you huddle, I'm all for it. It just means more people will become whales. Why not more Bitcoin millionaires being birthed. Send it. Meanwhile the UK offers a broader 3,000pound tax gain tax free allowance on assets including crypto. Personally I'm not a fan of the taxes so anyway you slice it in my opinion I agree with the Fed chair. Taxation is theft and we need to change the game here. And while it change further, reducing the 3,000 pound threshold could generate significant tax revenue. Here's the deal. They don't need our taxes. The reality is they can just print fiat out of thin air. So why do we get taxed on virtually everything we do and why is it such a significant amount of our money? My understanding is in the US for every dollar you earn you're really keeping roughly 15 cents to 20 cents like ballpark because everything is being taxed tax. It's insanity, it's enslavement in my humble opinion. But anyways it's hard to imagine that it is entirely off the table especially as the USK government debt increases. The era the retail crypto investors enjoying a gray zone of regulatory Lenin leniency is closing. This is especially true with the emerging markets where governments are under increasing pressure. Yeah, we need competition. I think if more countries say hey 0% capital gains tax on all of your bitcoin holdings like they propose in El Salvador and bitcoin country like we have the rule here for those that qualify in Puerto Rico under Act 60 0% capital gains tax. It's going to create more competition from other countries and sovereign nations around the world to compete. Otherwise all the bitcoiners are going to end up in the citadel with Max Kaiser and Najib Bulgari. I'm just saying it is what it is. No other asset matches Bitcoin's average annualized return of 61 over the past five years. Facts now. Luckily crypto is a reasonably easy tax target for the governments. It often is seen as risky, speculative and perceived as mainly benefiting the wealthy while taxing it isn't as controversial with the public. It also brings downsides especially for everyday investors and startups. For example Brazil 17 and a half percent structure hit small traders disproportionately hard. While big institutions can absorb the costs and relocate to jurisdictions with more favorable rules. Everyday users, the average Joe's and Karens, including those using crypto for saving and inflation prone economies bear the cost. And that's part of the problem with the increasing odds of other governments will follow Brazil and price Portugal example the era of the low tax or tax free crypto investing may end. The question isn't whether the other crypto friendly nations will tighten their grip on crypto taxation, it's how fast and how hard. And if you don't know, now you know. But there you have a yo. I mean do what you must. But obviously taxation is theft. You may agree, may disagree. So it's up to us to position ourselves to reduce our tax liabilities. If you view it as a problem, if you like donating money to the government in which they then use to fuel war like in the Ukraine, or to support Israel bombing Gaza or whatever craziness going on, then by all means pay the maximum amount of taxes and do what it do. I mean, but jv, it pays for the roads. I disagree. I mean it funds war and it does the government's evil bidding, in my humble opinion. And when they can just print money out of thin air, why they need our tax dollar to keep us enslaved. That's why I'm sticking to it. Next story of the day Fam Van X Bullish Forecast will Bitcoin reach 180000 per coin? Let's discuss it, eh? Analyst Advan AK, one of the world's largest crypto asset managers, recently published a particularly optimistic forecast regarding the future price of the evolution of the biddy. According to their valuation model, the leading crypto known as the BTC could reach a symbolic threshold of 180000 by the end of this year 2025. Why so bearish? But anyways, as the Bitcoin archive point out right here just in 133 billion dollar VanEck says Bitcoin will reach 180000 by the end of the year. And correct me if I'm wrong, but the most bullish prediction I have ever heard comes from Vanek and I believe it was Jurian Timmerman. Or actually it was fidelity. My apologies. Fidelity's Jurian Timmer, head of macro, predicts like a billion dollar Bitcoin price in the next 2030 years. I know we've covered that before on the podcast, so I just want to throw that out there. But the bullish projection is based on several fundamental factors which according to Van Eck, experts should continue to support the bitcoin valuation for the long term. These include growing adoption of cryptos by institutional investors and this year we're witnessing the FOMO like a mofo know, especially with the institutions increasing interest from the governments and central banks and digital assets. Precisely like the United States signed the executive order this year and Also now allowing 401k like 12 and a half trillion unlock which can now go into the bitcoin as well as the intrinsic scarcity of bitcoin which we all know has a finite limited supply. For the first time in human history we have an asset with true scarcity. You cannot say the same for gold, fiat or any of this other including Ethereum which has a infinite max supply. If you don't believe me, go to Coin Market cap right now click on Ethereum and look at the max supply there can ever be. You'll see the infinity sign. Now from a technical perspective Bitcoin indeed appears well. Position and continue the upward trajectory. As mentioned in the previous Bitcoin has everything it needs to reach at least 145 and ironic in the coming months. I shared with you earlier the daily chart which is projecting bitcoin to hit around that target which is 146000 bull play baby. This target can serve as a local peak for the biddy. Indeed Bitcoin cycles have changed and the 180 target may have reached in the more distant future by the end of 2026. Again another theory is extended cycle and for now Bitcoin needs to reclaim 117 and yesterday we did touch 117 FYI to turn bullish again in the short term as Dr. Profit shares here, I'm more than confident the Bitcoin will dump below 100 in September followed or he says September followed by the new all time high in the coming weeks. Now here's the deal. I mentioned it earlier during the Q A. If anyone says with confidence I am sure I am confident Bitcoin will do XYZ in the short term run the other way because it's complete. Nobody can predict Bitcoin short term. All we know for certain is the long term trajectory is it's going up forever. Laura so I don't subscribe to this this theory. I don't think we're going to visit sub 100,000. But I'm also willing to admit I could be wrong and there's no way I can know this with 100% confidence. That's the difference. It remains likely Bitcoin can fall below 100,000 in September according to Dr. Profit. The Daily chart shows similarities with the Bitcoin price action with the MRC and last February before the correction we went to 76. But this time Bitcoin could touch 97. That's let's map out this week's amazing destinations and travel tips.
- [26:53]
C
Honestly Will, I didn't plan any trips. But I did switch to T Mobile with their new Family Freedom offer.
- [27:01]
B
That's not the itinerary we're following.
- [27:04]
C
Well, I'm departing from AT&T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [27:17]
B
Bon voyage.
- [27:19]
A
Introducing Family Freedom our lowest cost to switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone16128Gigabyte8 2999 Eligible trade in eg iPhone11 Pro for well qualified credits end and balance due if you pay off early or cancel.
- [27:44]
B
Contact T Mobile if the pattern repeats. And again, there's no guarantee the pattern will repeat then and that will ever go sub 100 ever again. Now although speculative van expediction of Bitcoin region 180 in 2025 highlights that the still intact upside potential for Bitcoin and for savvy crypto investors, this outlook could represent an opportunity not to be missed in the coming months. And there you have it. Yo let me know your thoughts. Do you agree or disagree with the Vaneck Asset Manager? So without further ado, here's our future story of the day. Bitcoin Price Prediction Brian Armstrong, the Coinbase CEO predicts Bitcoin to hit 1 million per coin by the year 2030. My question Mr. Armstrong, why so bearish bro? Do we even Bitcoin bro? Bitcoin price dipped today below 113. In fact we touched 111 and then we pumped a little bit. We're currently correcting over the weekend and of course Friday we had a pump after J Pal spoke and then we had the correction here. Yet experienced investors understand the short term price fluctuations exactly have little impact to the long term trend for certain and especially when the Bitcoin remains in a clear macro bull market within 84% yearly gain. Y' all must have forgot like Roy Jones would tell you. Now Coinbase CEO Brian Armstrong started on Wednesday and stated that he anticipates a strong surge and shout out to the crypto surge that could push Bitcoin to 1 million per coin by 2030, which is a practical 10x from the current price action supported by the clear regulations paving the way for widespread adoption. He is not alone in this confident position and prediction, several other executives have forecasted similar returns. You damn right. And although bitcoin has slowed down for this week, a new Bitcoin layer 2 Bitcoin hyper is gaining traction. We're not even going to focus on that. Go. Let's just focus on the prediction for Christ's sake. Coinbases Brian Armstrong predicts 1 million target on the Cheeky Pint Cheeky pint. Send it pod on Wednesday. The rough idea I have in mind is that we'll see a million dollar Bitcoin by 2030. And again I asked why so bearish? Armstrong shared a clip on X from the pod. It was a two minute clip in which he emphasized that clearer regulations are starting to take shape of the US which he called the bellwether for the rest of the G20. He notes that the Genius bill marks an important milestone for the crypto industry and he highlighted the market structure bill currently is being debated in the Senate as another bullish signal. He then pointed to the US Government's Bitcoin treasury, saying the United States Government now has strategic Bitcoin reserve. If you would ask five years ago someone would have said you're freaking crazy. And that's right. Here's the two minute clip taken from X in which Brian Armstrong posted himself. And let me read what he wrote and let me time stamp this mofo for for you. This was August 20, four days ago 408pm and already got 682000 views. Here's what the man had to say. Now he says I think we'll see 1 million per bitcoin by 2030. Regulatory clarity is finally emerging. The US government is keeping a bitcoin reserve and there is a growing interest for crypto ETFs amongst many other factors. And of course not financial advice. Of course it's impossible to guarantee. You got to protect yourself and when you're worth billions because the government's evil and they come after you completely get that and the full episode. You can check it out on your own. Again, that was on the Cheeky Pint podcast. I've never heard of that one, but it may be a good show. Check it out if you dare. But anyways, many leading experts and execs share that vision. Bitcoin hitting a million by 2030. I give you an example. Block CEO Jack Dorsey agrees that Bitcoin will hit the seven figure mark by the end of the decades, supporting his long held belief the Bitcoin will be the Internet's native Currency. We also have Kathy Wood. How much wood would Woodchuck chuck if Woodchuck could chuck wood? And her name was Kathy Wood. And instead of stacking the wood, she was stacking the bitcoin. You let me know. She's also optimistic with her firm's research, estimating bitcoin reaching one and a half million. And that's like, now her like, base case. The, the bull target is now like 2.8 or even higher per coin, obviously. And also let's not forget some other bullish price projections from industry leaders which do include that of Samson Mao. He believes there's going to be a violent upheaval sending bitcoin to literally a million dollars per coin this cycle. He says it's going to happen fast. Hence the term violent upheaval. That's quoting Jan3 founder Samson Mao. Also, we have Max Geiser. As we covered in yesterday's podcast episode, episode 2085, he's projecting Bitcoin hitting 800, 000 per coin this cycle. And then of course, Arthur Hayes has projected a million dollars per coin here coming up and many others. So this projection by Brian Armstrong is nothing new under the sun, really. In fact, I dare say it's bearish considering people like Cathie Wood up their forecast to 2.8 million from 1 million by the top of the decade. Samson Mouse prediction this cycle, obviously Kaiser's prediction, 800, 000 this cycle. But you guys let me know your thoughts and I'll read your comments out loud. Welcome everyone to the Q A segment of the live stream. Oh, bring me up Bitty glow price.
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Discovery yeah, let it show Bang bang.
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Bang like a B52 we built a.
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D
Bitty stacked revolutionary love shack blue Stacking stats like it's Max and Stacy Stacking stats cause tax is crazy I'm stacking stats cause the IMF hates me Stacking stats cause the haters don' Phase me no Diddy, no Jay Z Stacking the bitty like it's Nipsey and JV Stacking the bitty like it's paper and shandy Stacking BTC like caffeine in my canteen Life is a game of chess that makes bitties the damn queen Stacking BTC till they cancel me and I can't stream like Biggie it was all a dream now the biddy has set me.
- [33:29]
B
Free.
- [33:33]
C
Baby never let it fade Auto.
- [33:35]
B
House strong yeah, we built it this.
- [33:37]
C
Way no when to hold them yeah, we're holding Never folding I've always been.
- [33:41]
D
A rapper Honky cracker But now I'm a pastor bitcoin stacker Now I'm a master of the bitcoin standard Hit him up faster than the bitcoin panda. You can't touch me with your shitcoin flow like do you even bitcoin, bruh? Let me know. Welcome to the bitcoin show. Now listen up closely. Low key Stacking BTC like Satoshis in El Salvador with my bitcoin broskis Raising up the biddy like Gohan living in a hoddle house we're not the pawns Bitcoins ripping like a new Scotty Pippen 80 GS where royalty, bitty kings and queens manifest in the kingdom that's finally come Playing chess moves Check May we.
- [34:33]
B
Won we're raising the roof in El Salvador Freedom Flows IMF can't hold us no more.
- [34:43]
D
Stacking BTC like Tate versus the BBC stacking the biddy like BTC OGs stacking BTC on lightning with no fees. Stacking BTC like Snoop Dogg rolls weed stacking BTC like Scarface with a no bleed. Stacking BTC like Shinobi nobody knows me. Stacking BTC like everyone owes me. Stacking BTC like Max and John McAfee stacking BTC accumulating stats so rapidly so happily. Stacking BTC so casually no casualties of galaxies around earth fallacies. Stacking BTC on a flat earth with no gravity. Stacking BTC cuz bitcoin is your majesty.
- [35:22]
B
Let's bid it up BAE Bang bang on the door baby Never let it.
- [35:26]
C
Fade so how strong?
- [35:28]
D
Yeah, we buil it this way Know.
- [35:29]
C
When to hold them yeah, we're holding.
- [35:31]
D
Never folding bitcoin glow. Stack it up, let it show price, discovery, patience Game on Let's go Biddy up Roger out. We're changing the world there's no doubt Sam.
- [36:19]
B
Watch out. And don't forget to check out bitcoin news alerts.net for the full premium experience with video and to participate in the live stream along with the Q and A. And I look forward to seeing you on tomorrow's episode Hoddle.