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Everyone meet kevin here, bitcoin to the moon. In fact, that's what i was screaming in my hoa today and i'll show you that video clip and then we'll get into some positive catalyst, negative catalysts and some of the other things that are happening in the world of bitcoin. Take a look at this here. We go told ya bitcoin to the moon, all right buckle up and while we'll talk about 150k bitcoin in just a moment, let's get through some of these positive catalysts.
But the list is long, so buckle up united wholesale mortgage company. I have interviewed the ceo on this channel. Take a look meet kevin united wholesale mortgage company became the first mortgage company to take a crypto mortgage payment. However, they have paused their pilot, citing regulatory concerns for now stay tuned, though network effects of bitcoin and low beta are obviously traditional reasons we like bitcoin, as well as potentially an inflation hedge, which has led paul tudor jones, the billionaire hedge fund manager and the person Who calls inflation quote the single biggest threat to financial markets end quote to say that he is using bitcoin as a hedge against inflation.
When i surveyed those of you who follow me on twitter at realme, kevin about a 48 of you agree that bitcoin or cryptocurrencies in general serve as an inflation hedge, as your primary reason for investing in cryptocurrencies arc, invest in 21 shares. That's a firm 21 shares are partnering for a bitcoin futures etf themselves. This comes after kathy would herself con question some of the tax implications of a bitcoin futures etf. Remember a bitcoin futures etf.
It does not actually hold bitcoin, they hold contracts, commodity related contracts and if you are not familiar with the consequences of long-term holding futures etfs, especially regarding concepts like contango and backwardation, you probably don't want to buy a futures etf right now, on top of that, bitcoin Futures etfs are trading at about a 15 premium to the actual value of bitcoin. That's on top of the asset management fee, which there is, fortunately, some competition coming for asset management fees. Right now, we've got bito. This is the first uh publicly traded, bitcoin futures etf trading with an expense ratio of 0.95 just under 1, but van x, ticker xbtf, not yet listed but expected within the next week, has an expense ratio of just .65 kathy wood does believe that bitcoin could provide The three big needs for money, as she talked about in an interview at an investment conference this week.
She says that bitcoin can easily provide a unit of account a store value and be a medium of exchange. Art laffer also says that bitcoin, and this is a reference that kathy wood made referencing again art laffer, and what he's previously said. Our laffer says that bitcoin meets the rules-based monetary policy that we need anyway. Coinbase is planning to launch its nft marketplace by the end of 2021 to compete with openc and some of the other nft marketplaces. Then there's a bank in switzerland that is licensed by the swiss financial market supervisory authority that is actually offering its clients the opportunity to generate rewards from their crypto investments. It's pretty bullish. The sec also approved the volt crypto industry and tech etf, and they expect to hold crypto mining mining equipment or just crypto, holding companies directly in an exchange-traded fund. So that way, companies like microstrategy or maybe some of the other miners would potentially all fall under this etf.
That would be bullish for those particular companies. Then our friend vlad defended cryptocurrencies amid increased criticism from regulators around the world, specifically in china, but also in the bank of england, which we'll talk about the bank of england in just a moment saying that cryptocurrencies have the right to exist. And i want to be clear that when i say vlad, i don't mean the robin hood vlad i mean vladimir putin of russia and the finance minister of russia has also stated that there are no plans for a crypto ban in russia. Binance is launching a 1 billion binance smart chain fund to push the adoption of the binance smart chain jaguar land rover is now trialing using blockchain technology to ensure that they can trace leather supply chains by creating a digital twin of leather supply on the blockchain.
So they can track the movement of leather throughout a supply chain stripe which previously dumped the support for cryptocurrency in 2018, is building a team to create products that support cryptocurrency. We also by the way this is just the rumor - expect that soon elon musk will be accepting bitcoin again now that bitcoin is no longer a mined to a substantial degree in china, total value locked in d5 as of october 14th, is now 95 billion dollars and Folks, the volume the seven day volume on nfts is going nuts mika, verse nfts are taking the lead. There are 8888 mikas inspired by the japanese mika universes that traded with a total trading volume of 84 million dollars in the last seven days. Obviously eights are a particular uh positive number in the japanese or asian cultures, and the uh goal is to actually create real world experiences for these mikas mutant cats.
There are 9999 mutant cats that are mutated thanks to diseases that they have caught, and you can get yourself one of these nfts, but you'll be competing because seven day volume is at 21 million. Both of these beating crypto punks, coming in at just 15 million dollars of volume within the last seven days. All of these, of course, digital representations of artwork. Now many folks are seeing cryptocurrency, specifically bitcoin as an escape from the drama around the crisis of evergrand, china, inflation, the fed and other fears around money, printing that we have in america and throughout the modern world, and not even the modern world. The unmodern world, as well and as a result, we have a lot of options that are being traded in a very bullish direction for bitcoin options. Traded in the last 24 hours reflect a big surge in options, and these are usually institutional, since we don't have easy access to options, though some platforms do offer options. Seventy thousand dollar call options for early november are pretty tough, are particularly popular for bitcoin right now, as well as wait for it. 100 000 calls for the end of december jack, dorsey tweeted, some crypto, or, i should not say crypto jack, dorsey tweeted a cryptic message.
It was literally just 705 7742, which is interesting because shortly after jack tweeted that block number 705 17742 was minted after that tweet he did say 117 short thereafter. So maybe this is a price prediction. Maybe this is something about that block getting minted or he's calculating? How many millions of dollars he personally lost by not investing in pinterest before paypal got to them or maybe saved then uh, oh geez, folks, this just this is ridiculous. The cells! You know what! Let's at this point, let's just take a little breather here, cause there's just there's so many pieces of good news here.
This is ridiculous. Um, like we said bitcoin to the moon, crypto the moon right now, but let's just throw in some negative catalysts here and then we'll surround it with some more good. The bank of england say that well, members of the bank of england say that crypto poses a threat unless it's regulated soon saying that a massive collapse in crypto asset prices is plausible and compares to the risks of the early.com era. Remember how many companies disappeared in the early.com era, and it begs the question and it's worth asking yourself this question: do you believe that in your lifetime you will see a dot-com era style recession caused by cryptocurrencies current bitcoin size by the way is double that of The subprime debt market before the 2008 financial crisis.
At the same time, some of the inflationary fears are slowly definitely more persistent than transitory, but slowly starting to subside, such as prices for containers coming down and a fear that are we potentially just entering peak media or have we already hit peak media for cryptocurrencies? At least in a short-term relative time frame, thanks to these bitcoin futures etfs, a celsius network back to positive catalyst, the celsius network just reached a three billion dollar private equity valuation. By raising 400 million dollars in capital over there, you can earn interest by holding your cryptocurrency similar to what you can do over at. If you want to earn interest and get up to 250 dollars totally for free consider going to medkevin.com bf, it's metkevin.combf to earn up to 250 totally for free by opening an account over at blockfi and transferring over some crypto mackevin.com bf trading volumes by the way. Through the roof, especially on bitcoin jp morgan base put together this table here, this is as of december 14th, before the latest uh run-up that we've actually seen here in bitcoin, but take a look at this bitcoin on a one-week change having a substantially larger trading volume Than uh the other coins, along with uh litecoin, but uh ethereum, dogecoin, uni, swap all down between 10 and 28 in terms of one week trading volume. However, if we look at a year-over-year trading volume, it's really bitcoin. That's at about a 23.9 percent trading volume aligning with ethereum's 23.6 trading volume, dogecoin well obviously, year over year, up 1600, not a surprise, light coin up 29, very similar to bitcoin and ethereum and ethereum classic taking 133 percent of trading volume. It's pretty incredible! Now! What about that 150 000 dollar price target? Well, that actually came from a survey referenced by the stack fund where they referenced. The aluna.social group on twitter running a poll wondering what will bitcoin's price be in december 2021 and suggesting that more people think bitcoin will be above 150, 000 per coin by the end of 2021.
Then people think it will be under 60. 000.. That's despite that, the fact that we just barely broke over 60 000 and we're barely trying to reach our supports and stay at supports, and so with that said, i want to know from you. What do you think bitcoin is going to be worth by the end of 2021? Are you buying and hodling now? Are you waiting for an opportunity to buy the dip, or are you not convinced yet? Let me know what you think in the comments down below thanks.
So much for watching and of course, make sure to go to metcalf.com bf to get your up to 250 dollars in free crypto from block five.
Bitcoin may top out at $80k by December. Retailers aren’t fully on board is a big issue. Everyone is chasing for ultra low caps to mid caps.
Why is your hair green 🤣 super funny an cool to see this after being gone from this channel like 1 years ago
I’m keeping it to stocks and just stand at the side line for Crypto for at least another 6 months. I can believe it’s the future, but untill now al ‘Bitcoin Hypes’ ended in a big crash of 80%+. Hope you guys will succeed though! 🚀
It's been a horrible time and a friend recommended him ☝☝☝to me he's legit
Switzerland is very positive towards other currencies including crypto. It's taxed normally too. We also always had multiple other currencies within Switzerland. For example there is Reka which is a company subsidized currency to make affordable holidays in Switzerland.
Modern man is not the man who goes off to discover himself,his secret,and his hidden truth:he is a man who tries to invest himself in something beneficial for the Future.
Imagin having 150,000 and no one wants to accept it as a form of payment 🤣
Swapping Bitcoin to Silver. Miles Franklin is set up to take bitcoin as a pmt.
Been HODLing btc since 2016. The only time I sold (25%) was a few months back @ $58k, in order to buy more TSLA. 8•)
All you do is flip flop back and forth. Every time something happens you say you "predicted" it. Your channel used to good but youre turning kind of scammy. And the hair is awful. Its embarrassing to have you up and have someone see you on my screen. Get your integrity back, I know you have it in you. Stop acting like a literal clown.
nice video but i think Talkin' investing had a better take on it
If Bitcoin is going to $150,000, then Dogecoin will go to $2. Might not happen immediately as Dogecoin lags behind Bitcoin, but I'm definitely holding more Dogecoin right now, ready for the surge when it happens. By the end of the year DOGE at 25¢ will look extremely cheap.
“Meet Kevin here, green hair and a random go kart video so I can stay relevant and get your clicks! “
I give all praise to you for the good deeds you've been into, thank you so much I'm highly impressed in your service. l just received another 3.5BTC in my wallet now you make my day blissfully
I give all praise to you for the good deeds you've been into, thank you so much I'm highly impressed in your service. l just received another 3.5BTC in my wallet now you make my day blissfully
It's pronounced Meeka🤣🤣
U lost alot of respect calling it that
Of course the bank of England would have something to say as they want a piece of the pie. (All banks are scum)
To the guy who was on last nights live and said he holds bags of Envx: Thanks mate.
1 million is my pt, for real. I want that 3333.333333333333333333333333333333333333333333333333333X return
I am waiting for the dip to buy in, but I have put toes in and have already have some surprising tendies!
Bitcoin will retrace 60+% very soon… like it always does it’s cycle will come
NO, but we have seen a dot com level recession caused by Trump for not wearing his masks.
Currently holding my positions, slowly adding, and waiting on a pull back to back up the truck
Bitcoin in my opinion is going to be at 75k at the end of 2021 but your never know could be a lot less or a lot more.