Cryptocurrency

It’s 100% Happening! Bitcoin Will Hit $1million in 2024 – Samson Mow & Cameron Winklevoss



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Credit: Swan Bitcoin
Bitcoin Nation-State Adoption with Samson Mow & André Loja | EP 142

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You have a massive amount of accumulation on all the new nine um GB uh ibit and uh Fidelity fbtc they’re raking in about 200 to 175 million per day on average on every trading day and if you calculate that in BTC terms that’s about roughly almost 9,000 coins and we’re producing 900 a

Day so you can see that it’s not sustainable and there is going to be a supply crunch because you have this massive amount of demand past we’ve seen 20x in 9 months and I think with this new source of demand you can easily 20x in weeks 20x from you know we’re

Basically almost at 50k so 20x 50k is a million if we get to 100K which I think is very possible then it’s just 10x to 1 million Samson MO is the Chief Executive Officer of Jan 3 a Bitcoin focused firm fully committed to the acceleration of hyperbitcoinization as the firm’s CEO

Most of Samson’s work involves working with nation states to facilitate Bitcoin adoption according to his Twitter profile Samson is the architect of El Salvador’s popular Bitcoin bonds and has worked closely with president naib buay in furthering the country’s adoption of a Bitcoin standard Samson has also recently worked on orange pilling top

Government officials from countries like Indonesia and maderia an autonomous region of Portugal that recently announced a string of Bitcoin friendly policies including tax exemptions for Bitcoin investors like many other Bitcoin investors Samson is extremely bullish about Bitcoin in 2024 as a result of what he describes as an impending hyper Supply demand imbalance

Samson has been talking about how great spot Bitcoin ETFs will be for Bitcoin prices since at least 20121 now that the US Securities and Exchange Commission has finally given the green light he has become become even more bullish and certain about how the unprecedented demand for the leading cryptocurrency

Could push prices well above new all-time highs in 2024 Samsung is predicting a 20x Bitcoin Omega candle that would take the cryptocurrency to a million dollar per coin in a recent post on X the Jan 3 CEO identifies six things normies don’t know about what’s happening with Bitcoin

Prices in 2024 he mentions bitcoin’s Supply demand imbalance average daily net inflows of $ 4400 to 500 million from ETFs the 2024 having event and what it means for demand and the fact that there are only 21 million coins against an infinite amount of demand for Bitcoin lastly Samson mentions the Omega candle

That would cause Bitcoin prices to shoot up rapidly in weeks as demand continues to surpass Supply significantly Samson recently interviewed with Swan Bitcoin to discuss his Ultra bullish predictions for Bitcoin as well as his several bullish indicators for the leading cryptocurrency as we bring you clips from the interview please take a little

Time to like this video subscribe to the channel and turn on post notifications for more videos like this also ensure you drop your comments and observations and check out our other videos on bitcoin and the overall digital assets space thanks and enjoy the video Someone commented on my post and he’s saying you

Know what are the I said I think I said all indicators are pointing in very in a very bullish Direction and he asked what indicators so I just broke it down for him and wrote down all those different things but this is really what I look at

When I’m trying to figure out where Bitcoin is going and all of those things are going up hash rate is going through the roof and I think you guys are contributing to some of that right with your new mining right so it’s your fault too but um you know the two 200 we

Moving average people kind of forget that but it is it takes like a 10 Sigma event to break the 200 we moving average right it’s very uncommon that we below that and that’s trending upward steadily I think it’s at 30 something now but you have some crypto analyst saying well

We’re going to go to 20K but that’s far below 200 we moving average so it would take some massive Scandal FTX level times three to push us down there and I don’t think that’s possible at this point basically every indicator is signaling that people need to move out

Of Fiat into Bitcoin right like the um the debt GDP ratios it’s going up um the money printing is going up the money Supply is increasing all of this stuff is increasing at the same time that Bitcoin is becoming more robust more resilient and we’re getting the having

In less than three months now so it it it’s setting up for a very bullish takeoff of Bitcoin and I think this is what’s going to trigger that Omega candle that I’ve been talking about well I think ETFs go after a different Market I’m sure there are some some high net

Worth bitcoiners that are possibly divesting into it so they can leverage in the Trad system system because now you can borrow against it easily right if it’s a ETF product um I think it’s also for estate planning because if it’s sitting in the ETF then you know it’s

Easier to it’s minimizing some risk of uh single point of failure if something happens to get hit by a bust or whatever so possibly we’re seeing that kind of diversification happen with bitcoiners but by and large the ETFs are marketed towards you know Boomers um Pension funds institutions even other companies

To hold and I think that has yet to really hit the market once we see the pension fund money trickling into the ETFs and they take time to decide right but that that simple Act of Pensions buying Bitcoin is going to trigger this massive Supply shock and demand Surge

And it’s going to happen very rapidly because there there there’s this sort of a weird thing maybe you can call it maybe it is the VIN effect but as the the thing becomes more valuable the more people want it but you know it’s going to the Pension funds coming in is going

To drive the price up and that’s going to signal to other Pension funds so I don’t know if it’s a VIN signal or what but um there’s got to be some new terminology that we create here but as the Bitcoin price goes up more and more people are going to start looking at

This and then you have this sort of Threshold at which we cross gold market cap which indicates to the world that this is the new gold and I’ve called that the VIN threshold but that’s sort of an anchoring point at which you know you don’t want gold anymore this is gold

And you need gold and that puts us on the same footing as the demand for gold for nation states because you know their their treasuries are still accumulating gold a lot of uh countries like China are rapidly trying to get gold and buy a

Lot of gold so now they need to look at Bitcoin the best indicator for China is really to look at Hong Kong and you’re seeing like three maybe four now uh spot ETFs being produced and going to Market soon and that essentially is allowing Mainland Chinese money to access Bitcoin

And yeah legitimate institutional product so the the tides are really turning and Bitcoin is becoming that Reserve asset of the world the question is when it happens and I think when that happens it’s going to be explosive it’s not going to be this slow gradual plotting Trek upwards it’s going to

Happen as a step function where we just go up very rapidly to 100 and then from 100 you go very rapidly again to 500 and so on Samson is not alone in his Ultra bullish stance on Bitcoin in 20124 a few days ago Gemini co-founder Cameron winlos also tweeted about how

Remarkably bullish the unprecedented demand from the Bitcoin ETFs will be for price in 2024 his tweet reads Bitcoin ETFs are taking 10x more Bitcoin off the market than are being minted daily if these inflows hold through the having then Bitcoin ETFs will be taking 20x more off

The market than the daily mint I like where this is going when another Twitter user asks for Cameron’s Bitcoin prediction for 2025 he replies with the moon there is a very high chance that the inflows will continue and may even get bigger in the coming weeks according to recent reports

Bitcoin ETFs recorded 2.45 billion in inflows last week the highest weekly total ever since they started Trading on January 11th in addition the competition is getting fiercer and the ads are getting more creative last week Vanek announced a reduction in the fee for its spot Bitcoin ETF from 0.25 to

0.20% the new fees will take effect on February 21st yesterday black rock also released a new advert for its ibit the simple ad features a silhouette of a Runway and plane with the words Bitcoin ETFs have landed ibit the I shares Bitcoin trust now lets you access

Bitcoin where you get your stocks and bonds so you can manage all your investments in one place the final part of the caption reads get your share of progress many Bitcoin investors have expressed their surprise that black rock didn’t refer to bitcoin as currency or commodity but as progress let us know

Your thoughts on black Rock’s latest ad as we bring you clips from another Samson Mo interview this time with the green candle Channel during the interview Samson discussed the importance of nation state adoption and how he successfully orange pills leaders and politicians from different regions of the world these are very interesting

Times and as you said we do we as in genan 3 we get uh invited to meet with u heads of state and government officials all around the world so we do get to have our shot at Orange pilling them um it will take some time I think often

Times people think it’s going to be very fast you’ll have another asab Vador snap your fingers and they’ll do a Bitcoin law and we’re done but I think El Salvador is a bit of an outlier because the president was a bitcoiner before he became president so you you have that

Massive advantage in understanding and knowledge of Bitcoin whereas for a lot of other heads of state you have to take them through the process from from zero at some points or even worse because they have a an an a misformed opinion about Bitcoin in some way so it’s a lot

Of work and a lot of Education I would say but overall the sentiment I’m seeing is there’s a massive amount of interest from governments for find finding a way to integrate a Bitcoin strategy into their country and their economy and we try to speed that up by um helping them

Further understand how to use Bitcoin so one of the uh big advantages advantages we have is that uh Bitcoin can transform energy into money and a lot of countries that are in the global south or developing still have actually a lot of energy but they might be stranded in the case of

Indonesia they have a massive amount of Geo geothermal potential I think they’re the second highest in the world they have a massive amount of Hydro power and other other Renewables too but they can’t really do anything with that because you can’t put it into a barrel

And ship it to the US or Canada you have to consume it but with the Advent of Bitcoin you can Now consume it turn it into Bitcoin and sell the Bitcoin so what I like to do is tell them you don’t need to keep Bitcoin if you don’t want

To I think it’ be a mistake not to but you could just mine the Bitcoin sell it all and build your roads airports uh Bridges whatever hospitals and I think that gets them thinking about the potential for Bitcoin to be incredibly transformative to their economy and it I

Think more and more politicians are starting to understand that especially because Bitcoin is becoming uh hotter and hotter topic like you’ve seen um at Miami um RFK was speaking about it and he delivered an excellent speech and he seems to have a very deep understanding but more and more politicians around the

World are starting to talk about Bitcoin as part of their campaign platforms money is easier to understand immediately versus the concept of hard money you kind of you need to go down the rabbit hole a bit and you have to have a a deeper understanding of the fundamentals of money before you

Appreciate hard money whereas money on the table that you’re just passing up because you’re not taking it is a much easy much more easily digestible concept and it helps to align incentives far more quickly than taking them through the understanding I think one will lead

To the other it’s sort of like the the joke that we say where we came in for the the gains and we stayed for the the sound money and the Hope right but if you get the mining Bitcoin just to get Bitcoin sell it and do other things they’ll eventually start to

Understand the other properties of Bitcoin but I just see it as a far easier onboarding mechanism than taking them through but of course we will go there it’s just uh you have to prioritize your pitch right oftentimes you have uh 30 minutes or an hour and

You have to cram as much orange pilling into that session but at a digestible rate where you’re not you know overwhelming them with details and complexity so actually we don’t even talk about the technology we only talk about money usually we don’t talk about the blockchain and um transactions and

Their twos or anything like that we keep it very digestible very high level and very much focused on those incentives for them to tap into Bitcoin as with other Bitcoin investors Samson is now looking forward to bitcoin hitting new all-time highs in 2024 he believes prices will really take a crazy turn

When that happens the Jan 3 CEO recently retweeted a tweet from alesandro otavi another Bitcoin Enthusiast the Tweet reads Bitcoin at $552,000 what we need is an appreciation of $177,000 plus 32.7% once Bitcoin reaches a new all-time high human psychology and the fact that institutional investors and

Boomers get exposed to bitcoin will make the rest bringing bitcoin price to levels that seem unreachable in the next months what are your thoughts on these Ultra bullish predictions for Bitcoin despite the rapidly increasing demand do you think Bitcoin can hit these price levels in 20124 or 2025 please drop your comments and

Predictions for Bitcoin and other cryptocurrencies in the comment section below also ensure you like this video subscribe to the channel and turn on post notifications for more videos like this thanks for watching

45 Comments

  1. The Winklevoss twins lost $800 million of 340,000 customers money in their EARN program. It has been 16 months in the court system and the customers are still left in the dark to how much money will be returned to them.

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