0:00

In today's show, I'll be breaking down the latest Bitcoin

0:02

technical analysis. And this just

0:05

in, there are now nearly 40 million

0:07

Bitcoin addresses in profit,

0:09

which is a new record. So congratulations

0:12

and shout out to my long term hodlers. Also

0:14

in today's show, as I shared, the Bitcoin

0:16

white paper turns 15 years old

0:18

today as Satoshi Nakamoto's legacy

0:21

lives on. Let's go. Also

0:23

in today's show, crypto asset manager

0:26

Valkyrie amends their spot Bitcoin

0:28

ETF filing. I'll be breaking down this latest

0:30

update as well as a Bitcoin rally

0:33

to $50,000 per coin is now

0:35

on the cards as the Bitcoin bull market arrives.

0:38

According to top crypto analysts, I'll be sharing

0:40

his timeline. Also in today's show,

0:42

Max Keiser joins the Alex Jones show

0:45

to predict the latest Bitcoin trends and

0:47

price predictions and warns of suicide

0:49

bankers that will destroy the world.

0:52

Not only that, but Max Keiser gives Alex

0:54

Jones a simple, very simple five

0:57

question Bitcoin quiz for 10,000

0:59

Bitcoin worth $350 million in today's

1:01

terms. I'll

1:05

be breaking all this down for you. We'll also be taking

1:07

a look at the overall crypto market. All

1:10

this plus so much

1:12

more in today's show.

1:20

Yo, what's good crypto fam? This is first

1:22

and foremost, a video show. So if you

1:24

want the full premium experience with video,

1:27

visit my YouTube channel at CryptoNewsAlerts.net.

1:30

Again, that's Crypto News Alerts.net.

1:33

Welcome everyone to podcast episode

1:36

number 1447 of the Crypto News Alerts pod. Today

1:40

is Bitcoin's birthday, October 31st, 2023. Bitcoin

1:44

is 15 years old and I'm your fearless

1:47

host, JV. We have lots

1:49

to cover, as we always do. So

1:51

let's kick it off with our market

1:53

watch. As we can see, you should

1:55

be able to see Bitcoin barely

1:57

in the green, holding on to $34,000.

1:59

1,400 support. We also have

2:02

Ether barely in the green a little

2:04

bit of boring trading sideways

2:07

action But if we check out, you know

2:09

what they say when in doubt zoom out, right? Let's

2:11

check out the seven-day coin 360 bitcoins

2:14

now up 4% you got XRP

2:16

up 9% Let's zoom out a little more

2:18

and check out the one month price gains. Let's

2:21

freaking go This is a testament

2:23

that October in full effect Bitcoin

2:26

is up almost 28% This

2:28

month let's freaking go that's

2:31

pretty massive and let's not forget we're moving

2:33

into moon vember Tomorrow, so

2:35

do you think we're gonna surpass 40,000? I

2:38

think so. In fact, if I was

2:40

a betting man, I'd bet on it now

2:42

if we zoom out Can we even zoom

2:44

out a little more? Let's see here. Well,

2:46

let's switch it up Let's go to coin market

2:49

cap calm We can see the crypto market

2:51

cap currently sits at one point two eight

2:53

trillion with a Bitcoin dominance at fifty

2:55

two point eight Percent and the ether dominance

2:57

at seventeen point one percent

3:00

and checking out the top 100 crypto Gainers

3:02

within the top or in the past 24 hours We

3:05

got Celestia, which I've never even heard

3:07

of before up 16% We

3:09

got XTC up 6% trading

3:12

at 5 cents followed by ton coin up 5%

3:14

trading at five dollars and thirty three cents

3:17

and checking Out crypto bubbles we can see the top

3:19

gainers for the past week We have a mixture

3:21

summer in the red summer in the green and

3:24

let's zoom out Let's check out the weekly massive

3:26

gains in the green. Let's check out the monthly

3:29

Wow Incredible some of

3:31

these alt coins are up 50 60 70 percent,

3:34

which is pure insanity e hex is

3:36

up 145 percent What about the

3:38

annual? Holy moly

3:40

and let's check out the market cap plus the week and

3:42

we can see Bitcoin and a big bubble at three

3:44

point three Percent followed by ether at

3:47

two point nine percent and checking out the crypto

3:49

greed and fear index We're currently rated at 66

3:52

which is greed yesterday a 68 last week at 66 and

3:54

last month a 48 Which

3:57

is neutral so there you have it fam.

3:59

Yeah, so So let's kick it off with our

4:01

Bitcoin technical analysis. Check out the charts

4:04

where the Bitcoin price action is likely

4:06

to go next. Here we go. Bitcoin's

4:09

price trying to push towards the coveted 35,000 level, the current

4:11

high for the

4:14

years, 35,200, but has so far been unable to progress.

4:19

The rest of the crypto market seems to continue with

4:21

its consolidation with some of the alts performing

4:23

better than others. So let's start with Bitcoin

4:26

here. The Bitcoin price was trading above 34

4:28

G's and seemingly pushing for

4:31

the 35 level. And right now we're right

4:33

in between those two marks. Today, the price

4:35

remains above 34, roughly 34.5 at the time of

4:37

the live, but is unable to

4:40

reach the coveted resistance level and is

4:42

currently at a loss, but barely. We're

4:45

kind of tinkering. And liquidation

4:47

data is also interesting to monitor. According

4:49

to coinglass, the total liquidations for the past 24

4:52

hours are just short of 100 million

4:54

bucks. Most of these were long positions,

4:56

accounting for 63% of the total. This

4:59

shows that the bears were more dominant over

5:01

the period. Now, the majority of the liquidations,

5:03

as always, happened on Binance, which

5:05

is the largest crypto exchange in the world, followed

5:08

by OKX and Bybit. And

5:10

I'm curious, what's your go-to recommended

5:13

crypto exchange? Do you use Binance? Do

5:15

you use OKX? Do you use Bybit? Do you

5:17

use Coinbase? Do you use Kraken? Let

5:19

me know, fam. And let's now check out

5:22

some of the technicals specifically for Bitcoin.

5:24

Right now, as you can see, the oscillator's on

5:26

the left. We have three cell signals.

5:29

We have seven neutral and one by

5:31

signal. And that one by signal is the MACD,

5:34

which you can see here on your screen.

5:37

Now, if we scroll to the right a little bit,

5:39

we can see for the summary, there's currently

5:41

eight neutral signals. There's

5:44

four cell signals and 14

5:46

by signals, which is definitely a bullish indicator.

5:49

And for the moving averages, which may be cut off on

5:51

your screen, but I can read it to you. It

5:53

shows you cell signals, only one. Neutral,

5:56

only one. And we have freaking 13 by signal.

6:00

Buy signals. Right now, the market is

6:02

ripe and ready for continuation

6:04

of some momentum. So let's freaking

6:06

go. Now let's break down our next story

6:09

of the day and discuss some technicals,

6:12

which are definitely bullish for Bitcoin. As

6:14

you can see here, there are now nearly 40 million

6:18

addresses in profit. If you're one

6:20

of those 40 million Bitcoin addresses in

6:22

profit, make some noise in that

6:24

live chat and let's freaking celebrate.

6:27

You know what I mean? That's a massive victory

6:29

to say the least. Bitcoin has more wallet

6:31

addresses in profit than ever before,

6:33

despite Bitcoin's price being 50% below

6:36

the all-time highs. That's right. Right

6:38

now, you can buy Bitcoin two for one special, but

6:40

it's not going to last for long. So seize the moment,

6:43

fam. The latest data is from On-Chain Analytics

6:45

from Glassnode showing a record number of

6:47

addresses in the black. Bitcoin

6:50

may be nearing 18-month highs, but its recent

6:52

gains were already enough to spark the significant

6:55

changes in investor profitability.

6:58

Shout out to Relaxing and Meditation

7:00

Music. I appreciate the $10 super

7:02

chat. Much

7:04

love, much respect. Keep it coming.

7:07

Let's go. Per Glassnode data, the number of addresses

7:09

in profit as of October 30th was 39.1 million.

7:13

This is the highest number ever recorded for the Bitcoin

7:16

users and beats the previous peak of 38.1

7:19

million seen back in November of 2021. And

7:22

does this date ring a bell? That's

7:24

at the time we hit the all-time high of 69,000. Now

7:28

at the time, Bitcoin itself traded at those

7:30

all-time highs, and thus 100% of the addresses

7:33

in existence with a nonzero balance,

7:35

where obviously in profit. And

7:37

while the current spot price remains 50%

7:40

lower than those levels, the total nonzero

7:42

address is now number 48.3

7:45

million, as you can see here in this chart.

7:47

And it's just likely to continue soaring

7:50

and rising. Bitcoiners

7:52

taking over the world. You know what I mean? In

7:54

percentage terms and profit addresses, they

7:56

have yet to match their performance in absolute

7:59

numbers. nonetheless at 18 month

8:01

highs of 81.1%. Let's go. The tally has gone from 60%

8:03

to over 80% over

8:08

the past two months as Glassnode shares

8:10

here in the chart and by contrast, addresses

8:13

at a loss currently stand at just over 9 million

8:16

at their peak in December of 2022. Following

8:18

the FTX meltdown, the total was over 20

8:21

million. Now, as reported, the past

8:24

week has seen the Bitcoin price action

8:26

past multiple resistance levels while returning

8:28

both the long term and short term hodlers backed

8:31

the profit. This in turn sparked proof

8:33

had taken at the much more speculative

8:35

end of the hodler spectrum, especially

8:38

as the market passed 34 G's. Now, for

8:41

crypto analyst Van Stratton, research

8:43

and data analyst at Crypto Insights Crypto

8:45

Slate, this underscores the difference in mentality

8:48

between the cohorts, quoting him here, Bitcoin

8:50

has shown remarkable strength above 34,000 for

8:53

the past five days while witnessing one of the

8:55

strongest profit takings in the past

8:57

two years for the short term hodlers. Now,

9:00

long term hodlers have barely budged

9:02

the sixth largest profit taking this year,

9:05

but minimal in the grand scheme of things and

9:07

accompanying the charts from Glassnode track these

9:09

inflows to the exchanges from the long term

9:11

hodlers and in profit to the

9:13

short term entities as

9:16

outlined here in these charts.

9:18

Now, let's break down the 15 year

9:21

birthday, the 15 year anniversary

9:24

of Bitcoin. I mean, this is phenomenal

9:26

that Bitcoin has been in existence for 15 years.

9:29

Imagine if you would have knew about Bitcoin back in October

9:32

31st, 2008, talk about a small

9:34

circle. But yeah, today marks 15 years

9:36

since the synonymous creator of Bitcoin,

9:38

the one and only Satoshi Nakamoto,

9:41

who Alex Jones claims Max

9:43

Kaiser is maybe because Max holds

9:46

as much Bitcoin as Satoshi, who knows?

9:48

But anyways, shared the Bitcoin white paper to

9:50

the mailing list of cryptographers on October

9:54

31st, 2008. This

9:56

was after the financial collapse fam and

9:58

a date also annually celebrated. as

10:00

Halloween. Quoting the

10:04

white paper here, I have been working on a

10:06

new electronic cash system that is fully

10:08

peer-to-peer with no trusted third party, as

10:11

Satoshi famously said in the opening

10:13

sentence before linking the document titled,

10:16

Bitcoin, a peer-to-peer electronic

10:18

cash system. Holy

10:20

moly. I mean, again, this is legendary.

10:23

This is history in the making. You're witnessing

10:25

firsthand. The white paper proposed the

10:27

decentralized system that could facilitate

10:30

peer-to-peer transactions, which can solve

10:32

the double spending problem often associated

10:35

with digital currency, in which it did. It

10:37

proposed to achieve this via a network of

10:39

nodes to validate and record transactions

10:42

through the proof-of-work consensus mechanism,

10:44

launching just two months later, officially

10:46

on January 3rd, 2009. Satoshi's

10:50

computer science breakthrough came on the back

10:52

of other impressive developments in the cryptography

10:55

and e-money spaces. The first reference

10:57

cited the Bitcoin white paper is Wei

10:59

Dai's invention of B-Money,

11:02

an electronic peer-to-peer cash system that

11:04

never launched, but nonetheless played a

11:06

key role in Satoshi's plans for

11:08

Bitcoin. And like Bitcoin, B-Money,

11:11

and I'm curious how many of you have ever heard of B-Money? We

11:13

have all heard of B-Rabbit from 8 Mile, but B-Money,

11:16

I've never heard of that one, proposed

11:18

that participants in the system maintain

11:20

a database of account balances, which

11:22

keep track of the ownership of money. Transactions

11:25

would be initiated and completed by

11:27

a broadcast message to all participants,

11:29

which would update the account balances of those

11:31

involved in a specific transaction.

11:34

In many ways, it could be seen as a precursor

11:36

to the nodes of the Bitcoin protocol, which

11:38

keeps a record of the constantly growing blockchain.

11:41

And I'm curious, how many of you run your own Bitcoin

11:43

node? Let me know in that live chat, Sam. This

11:46

process requires proof of

11:48

work, a form of cryptographic

11:50

proof, in which one party proves

11:52

to others that a certain amount of the specific computational

11:55

effort has been expanded.

11:58

Now, Satoshi implemented this in Bitcoin. citing

12:00

Adam Back's invention of hash cash

12:03

in 1997, shout out to

12:06

Adam Back, the creator of, I believe, it's

12:09

Blockstream, which incorporated proof

12:11

of work to limit the email spam of denial

12:13

of service, a tax, as shared

12:15

here by Crypto Leroy, the Cypher, Punks,

12:17

and Fathers of Bitcoin, Hal Finney, he

12:20

created the reusable proof of work, we got Adam

12:22

Back, who created hash cash, Way Dye,

12:24

who created B Money, David Shum, who

12:26

created DigiCash, we have Nick Sabo,

12:29

who created BitGold, Joel Zimmerman, who

12:31

created PGP, Bram Cohen,

12:33

who created BitTorrent, and Tim May,

12:35

who is the crypto antichrist,

12:37

manifesto, and of course, the one and only,

12:40

Satoshi Nakamoto, who gets credited

12:42

for the discovery of Bitcoin. Now

12:44

Bitcoin's timestamp server works by taking

12:47

a hash akin to a unique serial number,

12:49

a block transactions and timestamping, and

12:51

when the block is added to the Bitcoin blockchain,

12:54

which we all know, and as Crypto

12:57

Shama points out here, also

12:59

giving credit to everyone involved with some of the

13:01

early developments for the technology

13:03

that led to Bitcoin, so shout out to all

13:05

of them, including Max Keiser. If you didn't

13:08

know, Max Keiser has a patent, I believe

13:10

the first one for digital currency, back

13:12

in the 90s. That's all on

13:14

record, fam, so this is pretty amazing. Now,

13:17

the genius in Satoshi was the puzzling

13:19

of these pieces into a fully functional

13:21

system, according to Lop, quoting him here,

13:23

there is no single piece of the puzzle that I think

13:26

is more important than the others. Nakamoto's

13:28

genius was not any of the individual

13:31

components of Bitcoin, but rather

13:33

the intricate way in which they fit together and

13:35

breathe life into the system, preach.

13:38

Now mainstream media highlighted Bitcoin's increased

13:41

use by criminals, which we know is nothing

13:43

more than FUD. We got Senator Elizabeth

13:46

Warren, also Cynthia Lummis

13:48

pushing those FUD narratives,

13:50

which suck. We also know Bitcoin became

13:53

a legal tender in El Salvador, which was the first

13:55

country to adopt Bitcoin as the legal

13:57

tender, which has been a game changer for

13:59

the... their entire country and I feel

14:01

we're going to have many other nations lead

14:04

in the footsteps of Bukele as well

14:06

as El Salvador in

14:09

adopting Bitcoin as a legal tender.

14:11

So yeah, happy birthday Bitcoin.

14:14

I'm wishing you another successful 150 years

14:16

after these 15 years. You

14:18

know the final Bitcoin is not going to be

14:20

mine. I believe until the year 2140. Correct

14:23

me if I'm wrong, but that's a very long time from

14:26

now. Now let's break down our next story of the day. Valkyrie

14:28

updated their ETF filing. We all know

14:30

right now all eyes on spot ETF. So

14:33

let's break down this latest development,

14:36

digital asset manager, Valkyrie

14:38

Investments, the latest firm to amend its spot

14:40

Bitcoin ETF filing with the US SEC.

14:43

Valkyrie filed the updated spot Bitcoin ETF

14:45

with the US SEC October 30th,

14:48

which is yesterday according to the SEC

14:50

database. Now check it. The

14:52

updated form S1 registration statement

14:54

from Valkyrie Bitcoin fund aims

14:57

to offer investors the opportunity to

14:59

invest in common shares backed by Bitcoin.

15:02

The shares represent units of fractional undivided,

15:05

beneficial interest and ownership

15:07

of the trust and are expected to be traded under

15:09

the ticker symbol BRRR. Just

15:12

like money printer continue to go, kind

15:14

of cool on the NASDAQ stock market,

15:17

quoting them here, the information in this perspective

15:19

is not complete and may be changed. According

15:21

to Valkyrie stating in the filing, adding the firm

15:23

is not allowed to sell BRRR securities

15:26

until the registration statement is officially

15:29

effective. The amended filing

15:31

comes about a month after the SEC, the latest

15:33

decision on the Valkyrie Bitcoin fund

15:36

in late September. Meanwhile, Valkyrie's

15:38

updated spot Bitcoin ETF joins at least

15:40

six others recently amended spot

15:42

Bitcoin ETF filings made by the following.

15:45

Bitwise, BlackRock, Fidelity,

15:48

Grayscale, VanEck and ARK

15:50

Invest. And according to online crypto ETF

15:52

analysts, the ongoing Bitcoin ETF amendments

15:55

can be translated as a design. Definitely

15:58

a good omen in my opinion of the. Progress

16:00

and impending approvals, Valkyrie's latest

16:02

Spot Bay Cointe ETF update is yet another

16:05

evidence of movement happening behind

16:07

the scenes. Bloomberg ETF analyst James

16:10

Safart believes, quoting him here from X,

16:12

update Valkyrie joins the Prospectus

16:15

amendment train for the Spot Bay Cointe ETF.

16:17

Things are still moving behind the scenes

16:20

and following the recent amendments, at least five

16:22

of the rest of the known Spot Bay Cointe ETF filers

16:24

have not updated their filing. So expect

16:27

them soon, including firms like Wisdom

16:29

Tree and Vesco, Galaxy, Global

16:32

X, Hash Dec and Franklin Templeton.

16:34

The SEC currently has a whopping eight

16:37

to 10 filings at the desk

16:39

of the chairman, Gary Gensler. But

16:41

the million dollar question becomes, will Gary Gensler

16:44

do anything about this and accept

16:47

any of these Spot Bay Cointe ETFs? Congress

16:49

is putting the pressure on Gary. He says you

16:51

need to prove the Spot Bay Cointe ETF

16:54

immediately with that keyword being immediately.

16:56

There are some deadlines that are due soon, including

16:59

ARK 21. I believe this January 10th. I

17:01

personally feel we're going to get the green light from

17:03

the SEC before the Bitcoin having

17:05

creating the perfect storm. Let's move on to our

17:08

next story of the day. We covered

17:10

the ETF filing. Now let's discuss

17:12

a potential $50,000 Bitcoin

17:14

rally here incoming. According to

17:16

crypto analyst Michal Vendé-Pott, before

17:18

I break down the latest with Max Keiser recently

17:21

on the Alex Jones show. Here we go. We

17:24

followed crypto analyst, believes Bitcoin has officially

17:27

entered the bull market territory and is now

17:29

primed for a rally towards $50,000 per coin.

17:33

Send it and let's go. We got Michal Vendé-Pott

17:35

who shared on X that the Bitcoin bull market

17:38

is here. I would agree. What are your

17:40

thoughts, Sam? Vendé-Pott predicts the Bitcoin will

17:42

rally as high as $50,000 per coin in

17:44

the coming months before

17:46

witnessing a pullback and surging to a new all time

17:49

high. Quitting the analyst here, I think we'll

17:51

see Bitcoin hit resistance at 38G's beta but

17:54

most likely will continue towards $45,000 to $50,000 per

17:56

Bitcoin pre-having after the that

18:00

consolidation and sideways action

18:02

for a long period before we start

18:04

making new all-time highs. And

18:07

this is the chart, which you can see here

18:09

in your screen, which if you analyze

18:11

it, he appears to predict Bitcoin will see 50,000 in

18:13

January of 2024. What

18:16

is that? November or November

18:19

is tomorrow, so December two months,

18:21

send it. I love it. Write in alignment

18:23

with Credible Crypto who's predicting 48,000 in the next

18:25

two weeks. Let's

18:28

go. Credible's right. The halving, which

18:30

had historically coincided with the Bitcoin

18:32

bull run, slashes the Bitcoin mining rewards,

18:34

as we all know, in half, which is slated for

18:37

April 2024 under six months out.

18:40

And for now, Van de Popp thinks Bitcoin's in the midst

18:42

of a consolidation period and a dip below 33,000

18:44

is still on

18:47

the table, quoting him again alongside this

18:49

chart. Bitcoin technically constructing

18:51

a range here, slight correction towards 33.3

18:53

and quickly bought

18:56

up. If the lower boundaries are reached, probably

18:58

sentiment will flip bearish. The 32,800,

19:01

but that would signal a

19:03

great long opportunity to

19:05

share. Now let's break down our featured

19:08

story of the day and discuss

19:10

Max Keiser, who was just recently interviewed

19:14

on the Alex Jones show. He was invited

19:16

back. And let me share with you a little

19:18

of the backstory just in case you don't know

19:20

the backstory. Now back

19:22

in the day, maybe it was 2014,

19:25

many years ago, Max Keiser

19:27

being a kind hearted gentleman went

19:30

on the Alex Jones show and he gifted

19:32

Alex Jones 10,000 Bitcoin. I

19:36

don't know the exact value of the Bitcoin

19:38

at that time, but I can tell you what the value

19:40

of 10,000 Bitcoin is

19:43

in today's prices. If you run the math, that

19:45

is freaking $350 million. Long

19:50

story short, Alex Jones claims

19:52

he lost the laptop that Max put

19:55

the Bitcoin on, therefore he has

19:57

none of it. So Max being

19:59

the kind hearted gentlemen he is, he said

20:01

let me come back on the show now and

20:03

he actually just released this episode yesterday.

20:05

So this is brand new breaking all these predictions

20:08

and everything I'm sharing with you and I'm going to give you

20:10

a basic quiz on Bitcoin Alex

20:13

and if you can answer these five questions I

20:15

will give you another 10,000 Bitcoin

20:17

valued at roughly 350 million dollars

20:20

per coin. And

20:26

so Alex invited Max on the show.

20:28

They did the quiz. Here are some of the highlights

20:31

of the show I'm going to be sharing with you. However,

20:33

if you want to watch it live with me we're

20:35

going to be doing a live JV react

20:38

session exclusively on Rumble

20:40

after the show stream ends on YouTube.

20:42

We're going to be watching it together where Max

20:46

is quizzing Alex and I'll be

20:48

reacting live to the video. It's something

20:50

I've never done before live reacting

20:53

to these videos. I think it's going to be phenomenal considering

20:55

it's brand new content. Many of you have never seen it before

20:57

so make sure you're following me on Rumble

21:00

because it's going to be lit. But first

21:02

and foremost here are some of the highlights from

21:04

this recent interview. I posted it

21:06

yesterday exclusively. I was the first one to

21:08

post the entire interview on X. I already

21:10

got over 500 hearts, 166 retweets and over 52,000 people viewed it. Here's

21:16

what I wrote. Max Kaiser joins the Alex

21:18

Jones show to predict the latest Bitcoin

21:20

trends and warn of the suicide bankers

21:22

that will destroy the world.

21:25

And here are some of the quotes regarding his predictions

21:27

when Alex Jones asked them, so where's

21:29

Bitcoin going to go next? Where we go from here?

21:32

Here's what Max Kaiser shared.

21:34

All fiat money and gold eventually

21:37

goes to effectively zero against

21:39

Bitcoin because it's demonetizing gold.

21:42

The same way gold demonetized silver, Bitcoin

21:44

will be demonetizing gold. So

21:47

sure, gold will be maybe 2000, 3000, $4000 an ounce. But

21:52

we're talking about Bitcoin eventually going

21:55

to $5 million to $10 million per coin. So

21:58

you're purchasing power and gold. terms

22:00

is almost basically nothing compared

22:02

to what's happening in Bitcoin. Preach.

22:06

Very powerful words. And there is another

22:08

quote I believe that I

22:10

shared here. Let's see if I can find it. I'm gonna

22:13

click back on here. Yeah,

22:16

here's the other quote he shared regarding price action.

22:18

Max said, Bitcoin is gonna hit the new all-time

22:20

high very soon and it is starting a new

22:22

bull market right now. So on this

22:25

particular phase of the bull market, you're gonna see 200, 300, 400

22:29

thousand dollars per Bitcoin. So that's his

22:32

target for this cycle and that's why I

22:34

say on a conservative level I'm

22:36

anticipating 200,000 for this cycle peak

22:38

and on a more bullish scenario

22:41

we could hit as high as 500,000 right in alignment

22:44

with the high priest of Bitcoin, Max

22:46

Kaiser. Now here's some other things.

22:49

Max gives Alex Jones a simple five

22:51

question Bitcoin quiz for 10,000 BTC

22:54

and again at today's price that's 350 million

22:56

dollars worth of Bitcoin.

23:00

Now here are the

23:02

questions I actually want to show you. He, let

23:05

me see if I could pull it up. Yeah, so here are the five

23:07

questions he asked. This is gonna

23:09

literally blow your mind because they're so

23:11

easy and I want you to answer these as I'm

23:14

reading the questions. So here, Alex was

23:16

zero for five on this 10,000 Bitcoin

23:19

quiz. The very first question, what

23:21

is the total supply of Bitcoin? Do

23:23

you guys know the answer to this question? I know

23:26

that's a very difficult one for Alex Jones

23:28

but Alex Jones, no answer.

23:30

He's clueless or

23:32

he's pretending to be clueless. What's your

23:35

thoughts? Is he playing us all or is he really

23:37

that ignorant when it comes to Bitcoin? How

23:39

does someone not know the total number

23:41

of Bitcoin there could ever be? That's

23:44

like basis 101. If you don't know

23:46

that you know nothing about Bitcoin. Maybe

23:48

you didn't even put in 10 minutes of research. I

23:50

don't know but that's something I would expect

23:53

everyone even Alex Jones to know. That

23:55

kind of blew my mind when he couldn't answer

23:57

that basic question. I'm like, oh no, this is

23:59

not gonna go. go well. The next question, name

24:02

Bitcoin's hashing algorithm.

24:05

And in the chat, guys, let me know if you know

24:07

what is Bitcoin's hashing algorithm. Let's

24:09

see how many of you know this. A little more difficult

24:12

than the first question, but still pretty easy

24:14

overall. Let's see if you guys know the second

24:16

question. You're going to see who gets it right

24:18

first. I wish I could offer you 10,000 Bitcoin

24:21

like a gentleman like Max, but unfortunately,

24:23

I'm not sitting on 10,000 Bitcoin or I do

24:25

something cool like that. Let's

24:28

see. Do you guys know the name of it? That

24:31

is correct. The first one to get it is David

24:33

wrong. That is SHA 256.

24:36

That is 100% correct. You nailed

24:38

it. Digital dankness. You got it. Robert Brady,

24:40

you got it. Bring facts. You got it. You

24:42

got it. Matthew, imagine if you guys

24:44

were able to take the quiz. I think everyone here

24:47

would have won the 10,000 Bitcoin, just

24:49

keeping it real, but nonetheless, fam,

24:51

let's go to the third question. How often

24:54

does the difficulty adjustment

24:56

adjust another softball

24:59

to Alex? He didn't answer any of them

25:01

correct. He was zero for five. That's what makes

25:03

this entire thing so mind boggling, but

25:05

let's see if you guys know the answer. Appreciate

25:07

the subscription guys. Much love, much respect.

25:10

Let's see if you can get this one right. How often

25:13

does the difficulty adjustment adjust for

25:15

Bitcoin? Another softball question.

25:18

Proof of wake and bake. Is this that wise

25:21

word up? Four years. That is not correct.

25:23

Relaxing. Robert Brady

25:26

says 2016 blocks or about two weeks. That is

25:32

correct. Matthew J. From my understanding, it's roughly

25:34

every two weeks, which is every 2016 blocks.

25:37

So there you have it. Very simple questions.

25:40

Anyone could have answered that one probably if you follow

25:42

Bitcoin. Andrea, no, it's not 3.8 years.

25:45

It's virtually every two weeks. So that's the correct

25:47

answer on that one. Let's go to the next question.

25:50

Shall we for 10,000 Bitcoin?

25:52

How often do new blocks appear?

25:55

Another softball question you would anticipate

25:57

any Bitcoiner to answer very.

25:59

easily and once again Alex

26:02

Jones no answer he's just

26:04

flabbergasted can't even answer you would

26:06

think he'd at least guess but nothing yeah

26:08

that's right guys I think you

26:11

guys all know the answer to this one how

26:13

often do new blocks appear let's

26:15

see do you guys know the answer I

26:17

learned so much here says melda word

26:20

up David wrong got it first again every 10 minutes

26:22

that's correct approximately every 10 minutes

26:25

easy question thankness got it Jason

26:27

got it relaxing got it Al also got

26:30

it you guys are on the money you guys all

26:32

deserve 10,000 Bitcoin by the way you

26:34

guys deserve it you got that

26:36

you got the knowledge you got it right that

26:39

is correct fam okay and now for

26:41

the fifth and final

26:43

mind-blowing question and what's mind-boggling

26:46

about the fifth and final question it

26:48

wasn't even like an open-ended question

26:50

it's a yes or no yeah I mean

26:53

and he couldn't he didn't even answer yes or no you

26:55

have a 50% chance of getting it right

26:58

and that's why I think maybe Alex was playing

27:00

us maybe he's just acting ignorant because

27:02

he is a big Bitcoin hodler and he just wants to act

27:05

ignorant on the subject I wouldn't put it past

27:07

him but I'd love to know your thoughts fam because the

27:09

fifth and final question the easiest question

27:12

of them all is Craig right

27:14

Satoshi is

27:17

Craig right Satoshi

27:19

and no answer no

27:22

yes no no

27:24

oh yeah I don't

27:27

know

27:27

so that was again

27:29

is he playing us all or is he just that ignorant

27:32

when it comes to Bitcoin I want to know your thoughts I

27:34

can't figure it out is he that ignorant

27:37

ignorant enough to lose 10,000 Bitcoin

27:39

gifted to him ignorant enough to not

27:42

know how many coins there will be ignorant

27:44

enough to not know you know who invented

27:46

Bitcoin we all know it's Satoshi and not

27:48

Craig right you know I mean so all he had to say

27:50

was who's Craig right never heard of him no

27:52

of course not right is he playing

27:55

us what are your thoughts man yeah

27:58

if you're gaining value smash

27:59

it

27:59

That's what's up. Appreciate that 10 million

28:02

Bitcoin in what year? Well,

28:04

that's obviously the long-term perspective Short-term

28:07

max is calling from anywhere from 200 to 400 thousand

28:10

as I shared with you So you guys let me

28:12

know but isn't it crazy? You guys

28:14

all got it, right? No, no, no Nobody

28:17

in the chat said yes Yeah,

28:19

I mean Craig Wright is Satoshi Nobody

28:22

everyone answered it. Correct. You guys

28:24

got them. All right. Oh, geez as I'm

28:26

Satoshi We're all Satoshi aren't we

28:28

right? No Ricardo Bitcoin will hit 10

28:30

million by 2036 probably sooner

28:32

says Matthew Yeah, I mean I

28:34

think we can hit a million dollars by 2030

28:37

and from there it depends how hyper inflated

28:40

the US dollar is and if the dollar Is even

28:42

still in existence Johnny Bravo

28:44

says in eight years. Well, we shall

28:46

soon see I have a few more things to share with

28:48

you from Max Kaiser But that is mind-boggling

28:51

that they were the most easiest simplest questions

28:53

You could have possibly asked and Alex Jones

28:56

got zero out of five

28:58

correct So some other recent

29:00

quotes from Max Kaiser by the time America

29:02

catches up to El Salvador and starts buying Bitcoin

29:05

The price for Bitcoin will be over a million

29:08

dollars per coin. I agree with that

29:10

one Now he also has some other

29:12

great quotes just in time for Bitcoin's next

29:14

leg up getting rid of naked short

29:16

selling means big guys Like BlackRock, etc

29:18

Won't have their primary means of manipulating

29:21

the prices down this will also benefit

29:23

gold and silver But Bitcoin will 20 to 50

29:26

X those precious metals Let me know

29:28

if you agree or disagree there with Max

29:31

Kaiser He also recently shared in an

29:33

interview that just 1% of these total Addressable

29:36

markets from the major institutions coming into

29:39

Bitcoin will cause the Bitcoin price literally

29:41

to skyrocket and I wanted to share

29:43

with you The climax here

29:46

of this Bitcoin orgasm prediction So

29:48

even 1% of that multi hundred

29:50

trillion dollar funds available moves the needle on Bitcoin

29:53

moving it up considerably if we get

29:55

into that 5 to 10 percent range of those

29:57

asset managers allocating into Bitcoin and

30:00

then you start to really see it raise ahead to

30:02

those 7 figure type predictions

30:04

that people have been making including myself because

30:07

Bitcoin is an asset class

30:10

preached. There's no argument there and because

30:12

Bitcoin is an asset class, it's going

30:14

to continue to soar and eat away

30:16

at everything as everything effectively turns

30:19

to zero against the apex predator.

30:22

So there you have it my crypto fam

30:24

and don't forget to check out cryptonewsalerts.net for the

30:26

full premium experience with video and

30:29

to participate in our live Q&A and

30:31

I look forward to seeing you on tomorrow's episode.

30:33

HODL!