$1,100,000 Bitcoin AHEAD! Why Bitcoin Is About To 20x – Chamath Palihapitiya

$1,100,000 Bitcoin AHEAD! Why Bitcoin Is About To 20x – Chamath Palihapitiya

I talk to a lot of Bitcoin Traders and and folks that seem to have a very good pulse and touch on this Market I don’t say that I I do because I don’t really look at it every day but they seem to think that this thing is on a death march to 100K I’m not sure whether that price is realistic or not in the year but I will say that we’re going to get to a Tipping Point where everybody really talks about this I still don’t think we’re there yet I think we’re just at the beginning but when you see the inflows into these ETFs Jal it’s like a very big deal because it just allows every mom and pop individual to buy some to the extent that they want to own it or they want to speculate on it whatever it is so I I think it’s been a very big year and I think that psychologically it’s proven a lot of folks wrong and it’s a setup for something really constructive billionaire chth poopaa is an OG when it comes to bitcoin first investing when Bitcoin was just $880 per coin he claims that at one point in its history he owned over 5% of the entire Bitcoin Supply in their latest all-in podcast chamat gave a breakdown on bitcoin post harving and he showed off what could be one of the most important charts crypto investors need to know by just analyzing the previous Bitcoin Cycles you can see that 1 to 3 months after the harving the Bitcoin price hasn’t done much but then 12 to 18 months following the Haring and the Bitcoin price has ripped higher by just taking the average of the last two cycles chamath and his team projects that we could see a $1.1 million Bitcoin by October of 2025 also guys before we jump into the video only a small percentage of my viewers are actually subscribed if you enjoy Finance content consider subscribing or liking the video it’s free and you can always change your mind but without further Ado let’s jump in with jamaath and so if you apply the averages and again these are just averages they’re by no means predictions okay so I just want to qualify that these are Financial advice it’s not Financial advice these are just guesses we took these and we applied it to the price of Bitcoin and if you go to the next page you start to see what could happen if you just take the average of the last few Cycles so because the first cycle was so extreme and you start to oh so you’re just doing cycle two and three here to be clear just the averages of cycle two and three and what you start to see is some really meaningful appreciation I thought it would be good to talk about crypto couple of reasons one is because we just had the having at the end of April when this that happen the having is where just for folks that don’t know the way that Bitcoins are created is by solving these complex mathematical algorithms that take a lot of time and energy and and money and when you solve it you get rewarded with some number of Bitcoin and roughly every four years that reward gets cut in half it’s called a having and this week I saw somebody who reminded me all this and I just want to give this guy a proper shout out so his name is Wes kasaris and Wes in Silicon Valley I would say really was Agent Zero of Bitcoin he was the one in 2010 that introduced it to me I remember he reminded me of the story actually we were at Oren hummus and he’s like he’s Argentinian he’s a great so I’m gonna try to copy he’s like you not to buy the beatcoin so I heard the story I fell in love with it I remember I called my family office I’m like buy me a million these things and he was like or a million dollars worth and he was like are you crazy and I was like no this just a little appetizer we’ll get to the main main course anyways he has done a phenomenal job of understanding and prosti Bitcoin and I want to thank him because he really put me on to this but he mentioned something to me when I saw him a couple days ago which is you should really look at the pattern of Bitcoin after a having and so I was really curious and so I had a guy in my team Quinton put this together so Nick let me just let’s go to the first page so why is this interesting so here’s a little bitcoin price analysis for you guys so there’s been a couple of having cycles that have happened and I asked him to go back and look at the price performance one month after a having 3 months 6 months 9 months 12 months and 18 months after a having and what you notice is that there are these moments initially where essentially when you go through a Bitcoin having people are sort of reassessing what’s happening and they’re trying to figure it out that’s sort of what I would say is happens in the first month and roughly what also happens in the first 3 months but then within 6 months to a year and 18 months of these things there are these crazy price appreciation cycles that happen so that’s what this page shows which is you know 18 months after the first having the Bitcoin price returned 45x after the second having it returned almost 28x and after this third having it returned almost an 8ex which is really incredible returns in such a short period of time if you go to the next page and so if you if you graph that this is what it starts to show which is what is this price performance after each of these having Cycles now why is that interesting well it’s interesting because on top of this having which theoretically if history is a guide we should see some price appreciation obviously the other thing that’s happened is we’ve commercialized Bitcoin and we talked about this sort of as my big prediction for 2024 which is these ETFs are really going to allow Bitcoin to cross the chasm and have its sort of Central Key moment right and so if you apply the averages and again these are just averages they’re by no means predictions okay so I just want to qualify that these are this is not Financial advice this is not Financial advice these are just guesses we took these and we applied it to the price of Bitcoin and if you go to the next page you start to see what could happen if you just take the average of the last few Cycles so because the first cycle was so extreme and you start to oh so you’re just doing cycle two and three here to be clear just the averages of cycle 2 and three and what you start to see is some really meaningful appreciation and when I talked to Wes about this how he explained it which I which makes a lot of sense to me is there are a lot of countries that will never look at Bitcoin credibly even if they support it the US may be one of those but there’s an increasing body of countries that will become dual currency and they will look at their local currency and then they will look at Bitcoin and they will say both of these two things are needed one when you’re transacting on a daily basis for random goods and services and two when you need to buy a permanent asset that needs to have residual value you’ll use something like BTC and I think that’s a very powerful concept and if you look at what this price chart could indicate is that if this thing starts to get to these levels of appreciation it is going to completely replace gold and start to become something that has transactional utility for hard assets and I think if you marry that with this worry that some folks have about dollar debasement you start to see some really interesting opportuni so I just thought that this was a interesting thing that he that he here’s our disclaimer interesting thing that he put me on I thought I’d share that with you I’ll publish this on Twitter but that’s your crypto corner for the year folks I think it’s really interesting how the crypto Community is getting organized into a basically a Lobby to advocate for its interest because theyve the biggest Lobby in America did you know that yeah they’ve been so targeted over the last few years because gendler and Warren have been on a crusade to basic make crypto illegal or drive it offshore well every action has a equal and opposite reaction and now the crypto people have basically had a political Awakening and realized they have to get involved in the political system yeah just as a matter of Defense self-defense shout outf a Pioneer well not like that I mean that guy I mean he was dropping money on everybody yeah did you guys hear this did you hear this rumor that he was doing that to basically push for regulatory capture remember yeah I did you guys hear this rumor did you guys hear this rumor that SPF was going to put a billion dollars into the election and convince Tom Brady to run as a Republican and give no give the billion to Trump oh sorry give the billion to Trump he was gonna give Trump a billion to not run okay and then get Tom Brady to run I mean this person had delusions of gr he thought he was a Jedi Knight and he’s like literally in job’s Palace right now I don’t know what this I mean what a lunatic he was I mean talk about delusions of grandeur sacks this guy thought he would just drop a billion dollars and convince somebody not to run for government I think we’re going to I think we’re going to get a regulatory you know back to the young people we talked about in the previous story I think the reason they’re attracted to crypto is because it doesn’t have government control and since if you don’t trust the government and you see the government over and over and over again cover things up or the grift or make decisions that are not in your generation’s best interest why wouldn’t you opt out of their financial system and you know what there’s a lot of them and they have they’re getting organized to your point ax I think we’re going to have a crypto framework and it’s worth probably five points in this election what do you think sax how many points is being the pro crypto candidate worth in this election one two three points of votes more points it’s got to be if young people show up it’ll be it’ll be it could be 500 basis points I mean young people do not show up to vote because there isn’t an issue that they care about correct but there’s 50 million Americans that own crypto 505 zero okay so if 10% of them are like let’s say that’s their single that’s 5 million votes no no no there’s are there is a plausible case where 40 million of those folks show up because you’re talking about a structural part of their wealth creation right so for example like you know Biden President Biden talked about giving people a head start by eliminating their debt that’s a narrow issue and the reason it’s a narrow issue there’s just as many people that don’t have debt and just as many people that paid off their debt and it creates a lot of habes and have knots right and there’s all these rules around who will get the debt relief Etc you end up touching four or five million people maximum but if there are 50 million people who have now decided to have at least a hedge Against The Establishment and the traditional Financial system and you are threatening to take that wealth away yeah I could see how 80% of those folks show up to The Ballot Box and say all right which one of you will just leave me alone and if the answer is President Trump then they’re all going to vote for president Trump I think this is like such a great issue for uh political candidates to embrace and it’s just such a simple framework I’ve said it a dozen times create a sophisticated investor test let a thousand flowers bloom people can make whatever crypto projects they want but to buy it you just have to take a simple test like a driver’s license so that you don’t risk your entire net worth or whatever if you do you’re an informed buyer of crypto just make a sophisticated investor test and let’s move on Cham just since we’re in crypto Corner before we leave crypto Corner when is my ape going to be worth money again when will my ape go back up never okay so my A’s not coming back okay so I guess I shouldn’t have done that so there’s shamat popp’s insights into bitcoin’s post harving performances his charts offer a fascinating glimpse into the potential future of this revolutionary asset with projections of Bitcoin reaching $500,000 by October 25 up to $1.1 million understanding these Cycles will be Cru cral for any crypto investor now guys if you are watching this video You’re clearly interested in crypto if you want to stay most up to date on the crypto on bitcoin World make sure to subscribe to my daily 5minute crypto newsletter it gives the latest exper predictions any breaking news and top on chain analysis all in a nutshell click the first link in the description to join Over 60,000 others in becoming a better crypto investor right now anyway guys that’s all for today’s video I hope it did bring you some value I’ll see you all in the next one and as always all the best for

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Billionaire Chamath Palihapitiya is an O.G when it comes to Bitcoin.

First investing when Bitcoin was just $80 per coin, he claims that at one point in its history, he owned over 5% of the entire Bitcoin supply.

In their latest all in podcast, Chamath gave a breakdown on Bitcoin post-halving.

And he showed off what could be one of the most important chart crypto investors need to know.By just analysing the previous Bitcoin cycles, you can see that 1-3 months after the halving, the Bitcoin price hasn’t done much.

But then 12-18 months following the halving & the Bitcoin price has ripped higher.

By just taking the average of the last 2 cycles, Chamath and his team projects that we could see a $500,000 dollar Bitcoin by October of 2025.

TIMESTAMPS:

00:00 Bitcoin Is Marching To $100,000
1:23 Intro – Chamath analyses previous cycles
1:51 Bitcoin Could Hit $500,000 – $1.14 Million (Next 12 months)
4:29 What Happens After A Bitcoin Halving
7:04 Bitcoin Will Completely Replace Gold
10:38 Why the Government Is now embracing crypto

#Bitcoin #Crypto #Investing

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$4,500,000 Bitcoin AHEAD! This Mathematician Predicts Bitcoin Will 64x – Fred Krueger