CHIEF ECONOMIC ADVISOR SAYS BITCOIN NOT GOING TO ZERO BUT EXPECT MASSIVE VOLATILITY IN THIS RANGE..
Ver Vídeo: CHIEF ECONOMIC ADVISOR SAYS BITCOIN NOT GOING TO ZERO BUT EXPECT MASSIVE VOLATILITY IN THIS RANGE..
CHIEF Economic Advisor M. El-Erian Bought Bitcoin at the PERFECT TIME but sold too soon. Here’s what he has to say
0:00 – Market Recap | Topics Overview
3:07 – CHIEF Economic Advisor Mohamed A. El-Erian: Bitcoin NOT going to ZERO.
8:35 – Former U.S. Treasury Secretary a BITCOIN BELIEVER!
12:58 – Grayscale Raises 700 Million…IN A DAY!
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For some reason, economist are some of the dumbest people in the world when it comes to the economy. They are all so biased and all think their economic theory is the very best. I swear if BTC can by some miracle scale, it will become the world's money. Some might think central banks won't let that happen; but who knows, maybe central banks might not have a choice.
Like F.A. Hayek said " i don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government. All we can do is by some sly roundabout way introduce something that they can't stop.
Hopefully soon more big name institutions announce the purchase of BTC
It will depend on how PayPal work with merchants going forward and their ability to accept payment as exchange of value with traded items like cofee?
Is it too late to buy Polkadot for this Bull Run ?
Very good analysis of Bitcoin by Mohamed.
What you don't get is that it will not be bitcoin that will rise in value, it is that the dollar will tank and lose all its value so the only thing left will be bitcoin
she's an eye candy
Youve got to be very careful with bitcoin, its a long term asset. The scarcity factor is its greatest strength, and a lot are lost possibly forever. Its going up and down for sure but in 5-10 years what could it be worth. The richest people on this earth will want it that's for sure. The hard part is having the patience of mind, as that will prevail.
Enough of these economist giving opinions . They are the same ones who fudded for years. We no longer need their opinions
I'm now of the opinion of never selling btc even when things go parabolic. With so many institutions gobbling up btc there's a risk in that you'd never get back to your original position even if you sold at the top and try to buy back. There's a real shortage of btc at the moment so the dip after the bull run for btc may not be as steep. Also the inflation narrative of 2022 is making everyone flock to btc for long-term holding. See 2022 isn't about crypto it's more about hedging against inflation and it just happens that btc presents itself as the best store of value against all other asset classes. Just me being extra cautious. For other cryptos, I'll be selling at the top because there's so real concern over scarcity in 2022.
Meh, these are all old empireal guard trying to convince you they understand, protect and serve the new republic.
Roubini is my absolute favorite 😀
Is it just me or has NO ONE has NOTICED Tezos XTZ has sold their entire max supply and is slowly creeping up?!!!!
I remember this El-Erian shmuck shitting on Tesla daily , clling for bankrupcy , and then Tesla going up like 15x
So, this means BUY NOW !
CNN is a veteran on directing you in a new narrative 'slowly'. They start with empathy and understanding, then they will get more critical. They'll end with slaughtering the subject
I don’t think bitcoin will ever go that low and yes there might be lots of variability in its price things concerning Biden’s regime
Report all these scammers, the 3 small dots next to the post, is for reporting them, use it.
Thanks for the Reminder about the Stakepool!
Jesus Dan. The amount of scammers in the comments. It's getting worse
Rob, great episode. Been following Mohammed for years!
Missed your pass week videos, by any chance did you speak about SNX since you mentioned it a week ago ?
Rob. How can you say you are only conservatively bullish on BTC because it will never become a global currency but then talk about the trillions of dollars that are about to pour into BTC from smaller investment companies? BTC isn’t meant to be used to buy coffee; BTC will become a global currency as a store of value. And that will shoot it well beyond $150k imo
Why no discussion of regulation in the market. This kind of asset gets to dodge all reasonable regulation?
Roubini is a troll.
Do not listen to an economist who sells all his btc at the 2nd ath. That guy has no clue how this market works.
Winklevoss twins price prediction is completely out of whack. They were way off on their 2022 price prediction. Max Keiser was very very close. And I don't know if El Erian knows this, but there are thousands of companies that accept bitcoin as payment for goods or services.
too many wrong news
That host is hot
Willing to bet that this "advisor" bought on 19k and sold at 5$ , I personally know approximately 10 "professionals: that would laugh at me when I was talking about btc when it was at 250$ and they ALL bought in above 17k , sold all their BTC at 3 to 5k.
They are as professional in crypto as VCR repair guys were for the internet in the early 90s
Please, don’t listen to all that pessimism!
It's not going to 400k says the guy who sold at 20k thinking that was the top.
Julia is so hot.
In an inflationary environment what guarantee is there that people are going to continue accepting fiat as payment? Certainly business might be forced to by governments, but we may reach a point where businesses are going to start unloading their dollars for Bitcoin if dollars keep dropping in value. Businesses may also start offering discounts to customers who choose to pay in Bitcoin in order to build up their hard money reserves. In that sort of an environment there is no upper limit on Bitcoin's price.
honestly don’t take this guy seriously any more he’s flipped on so many cryptos he sold out and that’s the hard truth
Bitcoin isn’t and doesn’t want to become global currency. It will become one once it get so big, by then even central banks can’t stop it. Layer 2 will be built which is faster then it will take over global payments. One step at a time
777 👽🐒🌟
Side note: I liked Voyager. Then really disliked it. Now recommend it often.
That said, can you discuss why EVERYTHING isn’t able to be moved off site and what is the process for adding new projects?
The transfer issue is big for me.
Keep up the great work👍Can’t believe I didn’t go with you on VGX😑🤮
Tether its not Tether brother, tether has the potential to bring the whole crypto market down with it for a while !! They are being investigated by NY for fraud.
The Rich stay Rich by spending like the poor and investing without stopping then the poor stay poor by spending like the Rich yet not investing like the Rich
If you asked anyone 6 years ago would Bitcoin hit 42k,people would have laughed including this guy, so take what ever this guy says with a pinch of salt,crypto is being adopted globally not just by wester countries, but most especially developing nations, so dont take everything this guy says as fact
Seeing businesses adopting BTC reserves make me and my retirement portfolio feel good.
Anyone here believe in Rubicon (RBC) ?
El-Erian is brilliant, and worth a follow on Twitter. @elerianm
Tron PFFFF lol say word.
Is not Mohammed the same guy that said don't buy at $10 don't buy at $100 Don't buy them at $1000 don't buy them at $10000 yeah now there 35000…….Ok Mohammed you do you….
So there having a the problem with Bitcoin demand, Yes not having enough to sell at the exchanges…. WAKE UP PEOPLE. On chain metrics prove every time the little guy sells the larger institutions are scooping them up their doing it without moving the price.🤦♂️🤦♂️🤦♂️
Calm before the storm
😀