40 Burst results for "Twenty Four Hour"
"twenty four hour" Discussed on Bloomberg Radio New York
"News twenty four hours a day power about more than twenty seven hundred journalists analysts over a hundred twenty countries i'm michael bar this is bloomberg much appreciated michael thank you the and thirty six three on wall street time for the bloomberg sports update brought to you by trice state out here again john stanchard nato the giants now played four games they played a good second half of zona and the other seven have they've been outscored a hundred fourteen to fifteen in the first in the four first has its seventy seven nine they've been outscored their two home games sixty four to three lot issues last night in seattle's twenty four to three route at met life the biggest anemic past protection daniel jones sacked eleven times brian debo last what contributed to that probably a little bit of everything at some water routes at times that the at times reads at times calls at times i'd say kind of collection of everything jones is one in twelve now in prime time games at a fumble two interceptions one of those a ninety seven yard pick six by seattle rookie devon witherspoon seattle had a big play on offense late first first -hand drew lock was in for the injured geno smith within the term but locked through fifty one yards to set up a seattle t d injuries have held no sick one barkley no andrew thomas giants will hope to get back sunday in miami couple of injured cubies the steelers kenny pickett has a bruised knee hopes to play sunday the chargers justin herbert has a broken finger on his left hand l a is off this week russ francis an all -pro tight end with the patriots and 49ers has died at 70 in a plane crash in lake placid new york nba training camps have opened james harden no show in
Fresh update on "twenty four hour" discussed on Bloomberg Businessweek
"You hear about other investors saying they actually want gridlock they don't want any new spending plans they don't want anything being done because the way it is right now makes it predictable but at the same time i can't imagine that expectations of paralysis and constant threats of shutdowns or possible defaults is a tailwind for the markets in any way yeah it kind of makes me wonder back going to that fitch downgrade i mean what what was in their crystal ball then i mean did any of i mean i guess it's maybe not so surprising you look at the 10 months mccarthy had coming into this showdown here obviously a tumultuous to vote get him into the speaker seat to begin with the debt ceiling we had back in may so who knows maybe this is patrick of sorts i feel scarred i'm just gonna tell you romaine i feel scarred um don't worry you're yeah you got no issues with your uh congress people out there in new jersey right they're all squeaky clean no comment all right we gotta run leave it at that we could talk hours about that off right my touch a nerve no please it's part of our history unfortunately um all right that's a wrap that's right yeah see we can we can talk about that together all right radio tv youtube and of course bloomberg originals guys join us tomorrow our conversation will continue thank you there's been here is the change of heart all right everybody you are listening and watching bloomberg business week on radio on youtube and of course on blue burger vigils carol master along with molly smith molly in for tim as we just talked with our tv guys i mean there's just just lots of themes that are just going to continue uh certainly in this fourth quarter of 2023 and that includes what's going on in washington last 24 hours it's been a big one uh kevin mccarthy's ouster as house u .s speaker house plunged congress into an internal power struggle as it faces some key deadlines on avoiding a government shutdown and approving aid for ukraine these are big and important issues so and this is of course you know the clock's turning tick on that next presidential election so let's get an update though of what is going on in and around the nation's capital back with us is bloomberg news congressional reporter billy house on the phone from the hill and then on zoom in washington dc bloomberg government reporter reporter kate ackley hey billy let's start with you um the mood today uh... just about twenty four hours since and saw the speaker was ousted well the mood is from at least the house republican can point of view is that uh... they gotta find a new top leader a speaker and get this agenda back on road the and with forty three or forty four days toward the death of possible shutdown on uh... they got multiple candidates of nothing's clear -cut on who should take over the range of the party thanks billy and i wanted to stick with you here um... you know what was that going into this weekend you know a lot of us were saying the shutdown seemed inevitable and that of course did not happened on how much did you really think that it's gates motion when he was initially proposing it really did it seem like that was this was going to be the situation we're in well mccarthy always uh... said he realized the danger in fact he depicted himself as being uh... as being sort of brave and and putting a bipartisan democrats acted like they did not like it or they were still being backstabbed but at by the the end of end the night when it was passed and the shutdown was averted democrats were praising it as them saving the day uh... so there was a changing bunch of uh... uh... claims that day but they're going going into saturday morning didn't seem to have anything he uh... did put this bill on the floor it was a bipartisan bill uh... and the hard right said he would pay for it and they made him pay for it yesterday yeah in a big way and Matt Matt Gaetz, Representative Matt Gaetz is going to be out in balance of power at five p m wall street time so we're going to hear from him a little bit later on. um... Kate, let's bring you into this. You write about today how Kevin McCarthy rose to the top of the party part by in his prolific fundraising where Bloomberg size and scope tell us about how he much was able to raise, how important he was when it comes to raising money for the Republican Party and now he that lost his speakership, what's the impact? Yeah, thanks for having me on. I mean it's hard to explain McCarthy's fundraising abilities because it isn't just his own campaign he raised so far in the first half of this year he had over like ten million dollars just in his own reelection campaign which you know he doesn't even face a tough reelection. He has a leadership pact, that's all money that he controls so already in the first half of the year he had something like 14 million dollars cash on hand but that's actually a really small part of his fundraising because he also goes around the country and raises money for you know Congressional Leadership Fund which is the main house republican aligned super PAC you know is this a is group that spends millions in congressional races around the country so it's hard to put a tag price on I think CLF that super PAC said that it had already this year broken its previous fundraising records by by 20 million dollars I think they had 80 million so far earlier this year so we're talking about millions of dollars that he can help bring into the party McCarthy and those are big shoes to fill. So Kate when I was looking at Billy's story earlier today it said that McCarthy hasn't thought about resigning from Congress so if he does stay in Congress but just not as the speaker what what happens the fundraising money then is it still important? Well I think part of the way he is able to raise that kind of money in recent cycles has been he's at been the helm of the Republican Party in the House so it's kind of like a you know it works on itself basically you know he's the leader so he gets more attention from donors but he also that's being able to fundraise helped get him to be you know leader and speaker ultimately so you know would still he be able to raise this type of money if he's just a rank -and -file member of Congress? Probably not but what can he do with his money the money and his leadership pack the money his and campaign committee he's got a lot of options some of it he can just basically use for his own you know personal interest his campaign account though he has restrictions he can donate it he can save it for a future run run for president or anything. I love the way money works in terms of political campaigns Billy on come back in. How is or how are fellow Republicans thinking about the role of Kevin McCarthy going
Monitor Show 15:00 09-21-2023 15:00
"The United States Border Patrol has exciting and rewarding career opportunities with the nation's largest law enforcement organization. Border Patrol agents enjoy great pay, outstanding federal benefits, and up to $20 ,000 in recruitment incentives. If you are looking for a way to serve something greater than yourself, consider the U .S. Border Patrol. Learn more online at cbp .gov slash careers slash USBP. That's cbp .gov slash careers slash USBP. Bloomberg Business Week with Carole Masur and Tim Stenebeck on Bloomberg Radio. Look out for that music. That was kind of fun. Joe and Kaylee having fun. Kaylee like bopping it. Yeah, that was cool. It's a great show. You've got to listen to that show. Party on, man. We're going to party on for the next three hours, in fact. Oh, if you're not like along this market, you can party. Hey, where there's a long there might be a short. Okay. Got to remember, right? Welcome, everybody. Bloomberg Business Week on this Thursday, September 21st, 2023. Live in our Bloomberg Interactive Brokers Studio on YouTube and, of course, on Bloomberg Originals. Twenty -four hours, Tim, since that last Fed decision. S &P at its lowest level since June in three months. We're going to talk a lot about the trade today. And yes, equities, but it's really because of what's going on in terms of the inflation picture and really the interest rate picture. Yeah, with that in mind, a lot of focus on the Fed and the rate picture today, including what former St. Louis Fed President Jim Bullard says the Fed may still need to do. Is that does that have something to do with today's moves, Carol? I don't know. I just I woke up to that news.
Fresh update on "twenty four hour" discussed on Bloomberg Surveillance
"Attorney general merit garland says the u s is focused on breaking apart every will fit no chain the newly unsealed indictments charge five chinese corporations and eight nationals these companies advertise the sale of precursor chemicals online using websites and social media platforms they then shipped the building blocks needed to create deadly drugs all over the world garland says the chemicals were disguised in some cases as dog food or horse in tranquilizers washington nancy lions bloomberg radio officials say five people have been wounded a in shooting at morgan state university in baltimore during homecoming week the search for a suspect news live from the bloomberg interactive broker studios this is global news twenty four hours a day powered by more than seven hundred journalists analysts over a hundred twenty countries i'm michael bar this is bloomberg the bloom we we are seeing a bit of a reprieve in bond markets a bit of calm i should say stability after getting a worse expected a deep your report a better at least a downside surprise when it comes to a cooling off this is one of the surveillance time keen to the fairly so promise john's off are preparing for the nine i am watching though as we watch at four seventy three fifty on the ten -year yields go out for for uh... decimal appoints in decreasing by six basis points tom this is just showing the incredible tell you that we've seen in the bond space it's been about what you know it's a bond space but it's more than that it's you know for one day it correlates with foreign exchange in the next eight correlates with the red sox i need to improve whatever but the even with that dog i'll leave that demand more but the the bottom line is is is we've done all today folks we've shifted from a yield analysis were forced to look at price of the house was brilliant about this week that's the media doesn't do this we love the convenience of yield and andrew in the bramo space price analysis is different and discreet from yield analysis because it really speaks to the holders of huge pools of the security is talking about price i want to take a look at a couple names that caught my attention there was a wall street journal report yesterday that said that netflix was planning to raise these prices on some of its ad -free services in the next few months on the heels of the resolution from the would strike basically some of the strikes are leading to higher costs down the line the consumers will get arched which i find interesting those shares up six tenths of a percent we've seen similar types of moves from amazon in in terms of raising the fees not only from subscribers show also for the platforms well exactly they can and eta facebook coming out and potentially charging fourteen dollars in europe for facebook and instagram for people who do not agree to certain uh... information sharing systems they raise prime ten bucks what am i going to know what you have to cancel but this is exactly it they've got a sticky base piece of customers they have pricing powers and they have screwed this into it and they have you know the costs that are going up can they pass them along what we are seeing at least with initial reports is is they're going to and this to me is one of the underlying fears when it comes to an economic perspective of are we entering something more inflationary even if we've seen disinflation so far this year we have two guests that we really want to speak to in this October this is away from the bond we see although will get his opinion all the rest that's going on out there one of them is Edward Yardeni he's been doing this a few years the economist of Yale and CJ Lawrence of decades ago and Ed 12 months ago said load the boat get on board this equity market with a different approach co -founder truly of the chartered market technicians and a legend within my world no question about that Ralph and Kapoor joins right now Ralph your call last October was absolutely stunning are we still in Kumpore Yardeni bull market yes Tom I thanks for bringing that up last October it's almost a year ago October 13th to be exact from a technical of point view that was a very very important climatic day which led to what we've experienced over the last 12 months rotation and I think that rally into June and July was a little bit overextended and was led by the technology stocks as we know so been going through a correction but that's the good news the bad news is that the market doesn't like uncertainty and that's why we've had such difficulty in the last few weeks because of the rising interest rates rising oil prices chaos in Washington DC so that's what puts pressure on the market near term Ralph, Lawrence McDonald is one of the great essays of 2023 and basically folks it's a long -drawn Larry McDonald essay on the absolute wall of money that is out there within the global financial system Ralph this is different from it's a go how do you analyze the wall of money that's out there within your technical analysis yes we we we watch that very very carefully because that's flow of funds is what moves markets and if you recall that the first leg of this bull market up until I'll say June of last year June of this year most of that money was sitting on the sidelines it actually came in late and it was chasing stocks and that's what caused that accelerated move in June or July which are unwinding now and I think that's a good sign on one hand on the other and we we have we have a test right here as we speak. There used to patience be a Ralph Ankenpour when you were on with Lou Rukeyser there was an understanding you had to have quiet times along the way the modern financial media is addicted to the emotion and the moment the great Louise Atta years at Citigroup would talk about distribution. You got to have moments where it's distributed. Do we have that right now? Do we have a point where in the equity markets were just churning waiting to get new strength?
A highlight from 1379: Bitcoin Will Reach $400,000 Next Halving Epoch
"In today's show, we're going to be discussing Bitcoin analysts eyeing a V -shape Bitcoin price bounce as the RSI hits a five -year low. I'm also going to be sharing with you a new Bitcoin bull cycle metric, which bought them before 70 % gains. We'll also be discussing mysterious Bitcoin wallet becomes the third largest Bitcoin hodler in under three months, now at over $3 billion. We'll also be discussing the trader who nailed the 2018 Bitcoin price floor predicts the bear market bottom for crypto. I'll be breaking down his outlook. We'll also be discussing Guggenheim predicts a $400 ,000 Bitcoin price prediction, as well as Blockware. They share that the Bitcoin price can reach $400 ,000 during the next halving epoch. I'll be breaking this down for you. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at Cryptonewsalerts .net. Again, that's Cryptonewsalerts .net. Welcome, everyone. Just joining us. This is podcast episode number thirteen hundred and seventy nine. I'm your host, JV. And today is August twenty second, twenty twenty three. And naturally, we have lots to cover. Unfortunately, the market is continuing on its downward spiral. We just broke that twenty six K resistance, as you can see here. And our market watch, we've got Bitcoin currently hovering just above twenty five thousand eight hundred dollars. We have Ether barely holding on to sixteen hundred. So the million dollar question becomes, how low will she go? And checking out CoinMarketCap .com, the crypto market cap barely holding on to that trillion dollar milestone, with about twenty eight billion in volume. In the past twenty four hours, we have the Bitcoin dominance at forty eight point four percent and the Ether dominance at eighteen point nine percent. And checking out the top one hundred crypto gainers for the past week, virtually nothing, and maybe just a handful, just a sea of losses, very unfortunate for the entire crypto market and checking out the crypto greed and fear index. Of course, we're still in fear today, rated to seventy eight. Last week was a fifty three neutral and last month a fifty four neutral as well. So there you have it. I mean, I've been taking advantage of this recent dip. I mean, sub twenty six thousand dollar Bitcoin seems like a bargain. If you're to ask me, let me know in that live chat. And now let's break down today's Bitcoin technical analysis and check out the charts and what is happening right now in the markets. Bitcoin stayed stubbornly anti trend today, August twenty second, as twenty six thousand became a magnet for the intraday Bitcoin price action. And again, we're just currently dropping right below it. And regarding the RSI readings, here's what someone had to share. At this stage, it feels like a game of chicken to see who is going to make the move to break the chop, according to material indicators. Now analyzing liquidity on the Binance order book, he also notes that a broad lack of liquidity, increasing the potential for a sharp move in either direction. Quitting the analysts here, the market is waiting to see if more bid or more ask liquidity is going to be attracted to the range. So far, we're seeing small amounts of bid liquidity ladder up from twenty thousand closer to the active trading zone, but no liquidity of any size new or moved has been stacked into the range, defending the price from the lower low. The implications were nonetheless potentially very serious for the bulls with the lower low apt to risk even a twenty thousand support going forward. Quitting the analysts again, needless to say, printing a lower low on this time frame has macro implications. Printing two lower lows would push the Bitcoin price to sub twenty thousand dollar levels. So a great question. How many of you are anticipating the Bitcoin price action dropping below twenty thousand? Let me know. Now zooming out, hope remain that Bitcoin can rescue its overall uptrend. So it's not all doom and gloom. In a dedicated video, we had crypto analyst Mikal van de Poppe shared that on the twelve hour time frames, the RSI measured less than nineteen at the time of writing near its lowest level since the twenty eighteen bear market bottom. Daily levels were similar, reaching their lowest since the March twenty twenty no vid crossmarket crash, quitting him here. Every time we see such a move, you get a sort of V shape recovery back up and it finds equilibrium on the higher floor. And he also added it was very likely that Bitcoin can stage a comeback to focus on twenty six five or more next as the outlines here in this chart. He also shared that the current Bitcoin price action reminds me of September twenty twenty absorption and slowly grind higher here for a while. And I can see this play out similarly. So there you have it. What are your thoughts? Do you feel we're likely to continue downwards, potentially sub twenty thousand or even touch in as low as twenty thousand? Or do you feel we're likely to continue climbing back up as the analysts on the ladder shared? Let me know your honest thoughts in the comments. Right down below. Now let's discuss a new bull cycle amongst us right now. Shall we check this out? The Bitcoin metric that nailed the pit of the twenty twenty two bear market says this uptrend is still intact. Let's go and a new post. The creator of on chain analytics platform looking to Bitcoin shared some good news in the form of Bitcoin's realized cap huddle waves metric. Let's go. While last week's 10 percent Bitcoin price dip has up ended some of the on chain landscape, the our huddle is one of the metrics taking the longer term view of what remains a timely bull market. This metric takes existing huddle waves data, which groups the Bitcoin supply when each coin or specifically the unspent transaction outputs last moved and waits it by the realized price. An example of the price at which it last move, quoting them here, peaks in younger age bands, highlights the periods where they have a proportionally higher realized value waiting relative to the older realized value age band, said Philip Swift. And he also shares this is important to note, as it indicates that the market is prepared to pay higher values for Bitcoin today and in recent times versus historical norms. This can be a good indicator that the market is becoming overheated. What are your thoughts now? Currently, the bands of coins that last moved three to six months ago are rising, a phenomenon coming to the start of the Bitcoin's previous bull markets. And on the topic of the August drawdown on Bitcoin Swift thus concluded that the recent price dip is the context of a much bigger bull trend, quoting him again here, three to six months band trending up as new money comes back into the market equals new bull cycle. Let's go. Now, our huddle has an impressive record when it comes to Bitcoin price phases. Back in December of last year, when Bitcoin was circling its two year lows of 15 six, which is the current market bottom, Swift used this metric to call the end of the euphoria among Bitcoin's speculative investor cohort, which he labels Taurus. He stated that that time that the market is likely now at these cycle lows, which means maximum risk reward opportunity, which I discussed in great detail yesterday. I said there's way more reward than risk currently in the market. And beginning in January of this year, Bitcoin began a new uptrend that delivered 70 percent gains just in quarter one. And since then, investor composition has changed with the short term huddler entities holding Bitcoin for one hundred and fifty five days or less, reducing their overall exposure to their lowest since November of twenty twenty one. And the latest dip nonetheless increased pressure on those remaining speculators, but almost 90 percent of the short term huddler coins now held at an unrealized loss. But I also like to point out that also the smart money, which are the whales, are continuing to accumulate. So even though the short term investors are the paper hands selling their Bitcoin potentially to BlackRock or MicroStrategy, whatever big corporate interests out there, the smart money is continuing to huddle. And as you know, we like to follow the smart money with that being shared, fam. Now let's discuss this new wallet, which came out of nowhere and has now accrued over three billion dollars worth of Bitcoin in less than three months. Who do you think owns this wallet? Well, let's look into it and discuss it, shall we? A mysterious Bitcoin wallet has surged up the ranks to become the third largest huddler of Bitcoin in the world in just over three months, with the timing sparking some wild theories about its owner. According to data from crypto statistics platform Bitinfo Charts, the wallet address first received Bitcoin on March 8th, and over the course of the next three months and two weeks, the wallet had accrued a staggering one hundred and eighteen thousand BTC worth over a billion dollars at today's current prices. Now, the rapid and significant accrual of Bitcoin within a single wallet addresses has attracted its fair share of conjecture naturally on X. Some users suggest it's most likely a crypto exchange moving their funds, while some more radical members have posted and more wild theories suggesting that Black Rock is the prime suspect. As shared here, this unknown address has accumulated over three billion dollars worth of Bitcoin in the last three months. The prime suspect, my first major transaction, which was thirty four hundred Bitcoin, occurred on May 16th, 2023, almost exactly one month later, on June 15th, when Black Rock filed for spot Bitcoin ETF. Now, very interesting, right? Now, the current largest Bitcoin wallets in the world, according to Bitinfo Charts, are reportedly owned by Binance and Bitfinex and are Bitcoin cold storage wallets. The unknown Bitcoin wallet comes in third place and is then followed by another Binance cold wallet in fourth place. Now, Black Rock made waves in the crypto market, as we know, June 15th, filing an application for the spot Bitcoin ETF product that, if accepted by the SEC, will be the first of its kind in the United States and completely change the game. Black Rock's applications sparked a wave of filings for similar spot products from a horde of other Wall Street heavyweights, including Fidelity, Invesco, Wisdom Tree and Valkyrie. The prospect of a spot Bitcoin ETF whipped crypto analysts into a frenzy, sharing their bullish predictions for the price of Bitcoin with Fundstrat's head of research, Tom Lee, suggesting that Bitcoin can reach a price of one hundred and fifty to one hundred and eighty thousand dollars per coin following the halving event scheduled to be in April 2024, which is now officially less than nine months out. What are your thoughts, though, fam? Let me know in the comments. And at the end of the show, I'll be reading everyone's comments out loud. Now let's discuss before we get into very bullish price targets, including this four hundred thousand dollar prediction, which is the main topic for the day. First, let's discuss where's the Bitcoin price likely to bottom out, according to this top analyst. Let's discuss it. The trader who accurately called Bitcoin's twenty eighteen bear market bottom is forecasting how the entire crypto market can carve a price floor for this cycle. Synonymous analyst Bluntz, what a username, love it, shared on social media X that he closely is looking at the total market cap of crypto, which is the total chart. Bluntz says he sees the total chart losing about 15 percent of its value before crypto assets can witness a significant bounce, quitting him here, looking at total paints, the clearest picture of them all and far more than looking at either ETH or BTC on their own based off the total chart. I do believe the June lows still need to be swept before calling bottoms, but it will probably be the last good buying opportunity of the next few years. So seize the moment, fam. And as you can see in this total crypto market chart, you can see we're currently sitting at just barely above one trillion. He sees us dropping before rising to one point four trillion dollars. So it appears that he expects the total market cap of all crypto to plummet to roughly eight hundred and eighty billion, wiping out one hundred and twenty billion off the current market. The analyst is a popular practitioner of the Elliott Wave theory, which we commonly cover here, an advanced technical analysis approach that attempts to predict the future price action by following crowd psychology that tends to manifest in waves. Bluntz says that his prediction is based on a model that outlines an asset's potential correction after a steep rally based, quoting him here, based off simple Elliott Wave model, viewing the rise from the lows as an impulsive move and our corrective wave from the highs being around 70 to 80 percent complete. Now, let me know if you agree or disagree with the crypto analyst. Do you think the crypto market cap needs to shed another one hundred and twenty billion before we rise back on up? Let me know your honest thoughts in the comments right down below. Now let's discuss Guggenheim's seven I'm sorry, four hundred thousand dollar price prediction. Scott Minard, who is their CIO. He originally made this prediction, I believe towards the end of twenty twenty one. Now, unfortunately, he has had a heart attack and he passed, so he's no longer with us. He literally died in December of last year. But nonetheless, he still made this prediction. So we're going to cover it and then we're going to discover the outline metrics from Blockware and their four hundred thousand prediction for the height of this cycle for the next halving reaching the epoch, which is also interesting because they're also suggesting a four hundred thousand dollar price action per coin. Then we'll dive into our live Q &A. So here we go. This was again, this article was dated, as you can see here, January 18th, twenty twenty one. So this is roughly just over two years ago. And at that time, Bitcoin was trading just above forty one thousand dollars. So here's the prediction coming from Scott Minard, from Guggenheim, a large, large asset manager. I think one thing that we are seeing is the sudden interest in retail. We are moving into a speculative frenzy and perhaps it's time to take some money off the table. Now, the debate around Minard's two opposite comments for Bitcoin sparked curiosity amongst the crypto community when he said time to take money off the table. And he also added on this tweet, it was before it became X, it was right Twitter. So he shared Bitcoin's parabolic rise is unsustainable in the near term, vulnerable to a setback. The target technical upside of thirty five thousand has been exceeded time to take some money off the table. And just at that time when he made that tweet, Bitcoin entered a strong correction. And over that time, Bitcoin tested support at thirty thousand twice before resuming back northwards and also talking about the positive side, back to the four hundred thousand price prediction. The Guggenheim CIO said that Bitcoin is becoming a favorable asset class slowly. That's right. And still remains positive on the Bitcoin price action for the long term, quitting him here. The other side of that is demonstrating that crypto is becoming much more mainstream. The four hundred thousand dollar price I talked about was based off the supply of gold in the world and crypto in a lot of ways is more attractive than gold. Let me know if you agree or disagree. I absolutely agree that Bitcoin is way more attractive than gold and comparing it to the yellow metal market. Minard said that Bitcoin comes with additional benefits like portability and ease of transactions. And note that Guggenheim Partners is already seeking five hundred million dollars worth of exposure to Bitcoin via the Grayscale Bitcoin Trust, which is the GBTC product, the largest HODLer Bitcoin in the world. They currently control over four hundred thousand BTC. So this will be a 10 percent exposure to Bitcoin from five billion Guggenheim's macro opportunities fund. The investment giant's proposed SEC filing shall become effective January 31st. And when asked Minard of if any of their funds have been allocated into Bitcoin, Minard hinted that they are still waiting for the SEC to approve their proposal. He added that if client demand picks up, they would possibly consider some allocations. And he also revealed that some small private Guggenheim funds have done some allocations, quoting him again, and some of our private funds, we have already purchased it. I recommended it to somebody. So if you believe what I said, that it'll go to four hundred thousand dollars per coin eventually, then two percent of your portfolio will be 20 percent before this is all over. So there you have it. Let me know if you agree or disagree with Scott Minard. And again, rest in peace. The dude had a heart attack at the end of last year and is no longer with us. And with that being shared now for our main story of the day, and that's the block where outline prediction of a four hundred thousand dollar Bitcoin price, along with the math to back it up. Now, this is pretty awesome. And again, shout out to everyone today in our live chat. I appreciate everyone's support. Shout out to Blockware Solutions as they shared on X how Bitcoin can reach four hundred thousand dollars per coin during the next halving epoch brought to you by Blockware Intelligence. Here we go. Twenty twenty four halving analysis, understanding the market cycles and opportunities created by the halving. Unlike other commodities, Bitcoin has a predetermined algorithmic supply schedule, which cannot be changed. There are multiple factors contributing to the cyclical nature of Bitcoin's price, including network adoption and the macroeconomic environment. But the most impactful is the mining subsidy halving. Yeah, that's right. Bitcoin's market cycles are unique due to its fully transparent block chain, providing market participants with more granular information than any other asset class. And moreover, the predictable supply schedule further impacts the psychology of market participants and example demand. So number one, halving's reduce the sell pressure. Miners are the primary force of sell pressure on the price of Bitcoin they receive, although the newly issued Bitcoin and the majority of which they must sell in order to fund operating expenses for their mining operations, the weakest miners on the network are eliminated and sell pressure is significantly reduced. The price of Bitcoin begins drifting up and a new wave of adoption then begins and assuming a thirty five thousand price action after the halving, the U .S. dollar value of Bitcoin mined per year can drop from eleven and a half billion to five point seven billion dollars. That is one hundred and sixty four thousand two hundred and fifty Bitcoin less mined every year, more than MicroStrategy's entire Bitcoin treasury. Now, after the inefficient miners capitulate, the profit margin increases for surviving miners, which further reduces the sell pressure. So based on the post capitulation hashrate estimate, this would result in a two point three billion dollar reduction in annual sell pressure from the miners. Now, number two, halving brings new demand with supply being diminished. Demand is the only remaining variable determining the market price of BTC. Many market participants understand the supply side dynamics at play due to the halvings. Historically, this has led to a surge in demand in the months following each halving, as evidenced by on chain data. We'll be checking out these charts in a little bit and do the positive sentiment market participants prepare to deploy capital at the first sign of upward momentum. Now decreased supply plus increased demand equals strong positive signal for the price appreciation. Number three, the halvings cannot be priced in. Despite their predictable nature, halvings cannot be fully priced in before they occur. A higher price today would result in more miners coming online, introducing additional sell pressure and limiting the price appreciation. And moreover, the weakest miners, those with old generation machines and or high operating costs, are the first to unplug post halving. The elimination of these miners significantly reduces the sell pressure as they were selling most of their Bitcoin to fund their operations. Lastly, there are some market participants that believe halvings are bad for the security of the Bitcoin network as the diminishing block subsidy reduces the amount of miners making Bitcoin more vulnerable to an attack. And when halving successfully occur, these doubters are proved wrong and positive sentiment increases. Now, number four, Bitcoin cycle volatility and historical performance. Bitcoin's extreme volatility is a side effect of its halving shocks and rapid global adoption, resulting in four distinct stages within each halving cycle. Stage one, the halving, stage two, the bull market, stage three, the bear market and then stage four, recovery. And while Bitcoin is often criticized for its extreme volatility on a long enough time horizon, its volatility is solely to the upside. Keep that in mind. Now, nobody who has ever bought Bitcoin and held it for more than five years is down on their purchase. That's worth repeating. Nobody who has ever bought Bitcoin and held it for more than five years is down on their purchase. So in a long term, how long is that? Holla in the live chat. And for each epoch, the price of Bitcoin has increased by the following amounts from the halving to the next bull market top from 2009 to 2011. We had a 584 X increase in price action from 2012 to 2015, 92 X from 2016 to 2019, 30 X and from 2020 to 2024, 7 .7 X. And now number five, diminishing returns may not be the case going forward. Some question the bullishness of these halvings as the stock of existing Bitcoin grows relative to the amount of new bitcoins being mine. This is a common perspective, but it may be incorrect. Less than 10 percent of the existing Bitcoin have moved in the last month. A large majority of Bitcoin is held by users unwilling to sell at today's price. Now, the small amount of bitcoins that is moving and being traded is what determines today's price. There is a baseline of demand and from Bitcoin are saving for the future. The reduction in sell pressure becomes more pronounced, each halving after Bitcoin more than doubles in price. This indicates that halving induced reductions in sell pressure could become more extreme and potentially lead to larger bull runs in the future. Now, 2024 will be the first halving where the supply of Bitcoin available for trade decreased since the previous halving. And during spring of 2020, the percentage of the outstanding Bitcoin available for trade was at an all time high, indicating the Bitcoin was over becoming more abundant. However, this trend had reversed over the last three and a half years. And as the new bull market begins, there will be less Bitcoin available than the previous cycles. The first halving this has ever occurred. And assuming the price of thirty five thousand at the date of the halving, a four hundred thousand dollar cycle top would break the trend of diminishing returns, which is a reasonable expectation due to the two billion having supply shock and increasing scarcity, a liquid BTC supply on the exchanges. Now, number six, juxtaposition with gold. Gold is an asset similar to Bitcoin and that they are both non -sovereign stores of value. However, when juxtaposed, Bitcoin poses far more desirable attributes. Facts. Number one, Bitcoin is absolutely scarce, while gold is only relatively scarce. That's true because with gold, you can continue mining a new supply, adding to the overall supply each and every year with Bitcoin. There could never be more than twenty one million Bitcoin. And number two, Bitcoin is more portable, divisible, fungible and is less vulnerable to rehypothecation by centralized custodians. Facts. So after the 2024 halving, the inflation rate of Bitcoin will fall under one percent, which is less than half that of gold. Now, four hundred thousand dollars per Bitcoin would put the market cap of Bitcoin just beneath the parity with gold. Let's go. Can't wait for a twelve trillion market cap for the king crypto personally. Now, given the bullish catalysts induced by the halving, we believe this is a fair estimate for the top of the coming Bitcoin cycle. Now let's take a look at some of these charts, which they shared. This first one shows you the Bitcoin price issuance with the 90 day moving 90 day change issuance. And you can see, you know, the different metrics here in the different colors. And then let's go to their next chart here. It shows you entities net growth with a 30 day moving average. You can see the surge in demand and just continuing to move on up like clockwork. And then in this final chart here, we can see the Bitcoin price all time highs for each cycle, which is separated, which you can see here. Yes. So, I mean, if history doesn't repeat, oftentimes it shall rhyme. So I cannot wait. And I'd personally love to see a four hundred thousand dollar price action. And this shows you the hash rate, which just continues to climb, reaching all time highs, making the Bitcoin network more secure than it's ever been before. And they also shared an interesting update, which I might as well read that as well right here. Part two. Let's read a touch of this and then we'll dive into our live Q &A. What machine and electricity rate will Bitcoin miners need to survive this twenty twenty four halving? Check it out. There are three distinct phases in the time before, during and after the twenty twenty four Bitcoin halving. We've got number one, the pre halving, number two, the post halving and number three, post capitulation. Number one, the pre halving before the twenty twenty four halving, all miners will be operating at a profit but are likely selling at least enough Bitcoin to cover their operation expenses. Miners with the most efficient machines and the lowest energy rates have the lowest Bitcoin breakeven prices. And the miners with higher breakeven prices are either unprofitable or forced to sell at a higher percentage of the Bitcoin that they mine in order to cover their operating expenses. And also it includes what's minor and Avalon equivalents, which are size adjusted for the percentage of the total network hash rate. Now let's discuss the post halving after the twenty twenty four halving. Many miners will become unprofitable since miners have already made significant capital expenditures for mining Bitcoin infrastructure and are locked into energy contracts. They are unlikely to turn off immediately. So instead, they will try to continue operating for as long as possible, hoping the Bitcoin increases enough to make them profitable again. Now, unless Bitcoin price appreciates quickly, the extreme margin compression will begin to force inefficient miners offline. And number three, the post capitulation following the capitulation of inefficient miners difficulty will adjust down, lowering the breakeven prices for surviving miners who will become even more profitable. So there you have it. I mean, shout out again to Blockware. Awesome analysis on their outline of the Bitcoin price going to four hundred thousand dollars per coin at the epoch of the next halving, which again is right around the corner next year. Let me know if you agree or disagree in the comments right down below. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Fresh update on "twenty four hour" discussed on Bloomberg Daybreak
"Sixty san francisco serious xm one nineteen and around the world on bloomberg radio dot com by the bloomberg business good morning good morning i'm nathan hager and i'm karen moscow innocent he futures are little change this this morning solar dow in nasdaq futures in the yield of the thirty -year treasury four point nine three percent nathan karen we begin with a historic moment on capitol hill for the first time a speaker of the u .s. house of representatives has has been thrown out the office of speaker of the house of the united states house of representatives is hereby declared vacant kevin mccarthy was removed from the post after just nine months in the job eight republicans joined every democrat present in a roll call vote against the speaker led by conservative firebrand matt gates he made an agreement to fulfill certain commitments to make this an open and honest process and he has failed to meet those commitments and that's why we are here matt gates has moved out leaves the house without a permanent leader and no clear successor from mccarthy the now former speaker says he does not plan to run for the job again but he has no regrets i do not regret negotiating our government is designed to find compromise i don't regret my efforts to to build coalitions and find solutions now lawmakers are set to vote for new speaker october eleventh they're on out recess for the rest of the week some names that have been floated include house majority leader steve scalise and patrick kenrey who is now serving as interim speaker well nathan the reaction to mccarthy's ouster is still pouring in and bloomberg political contributor jeannie she hands they know says it's shocking pretty much everything you about say politics today starts with the words unprecedented historic strange you know and that's the sort of the position that we are in and it just doesn't look like we are near the of end it at this point a house in chaos a continuing resolution gets us through the 17th of november the date bloomberg political contributor jeannie she hands they know mentioned is the next shutdown a deadline henry eta trays managing partner and director of economic policy had veda partner says the odds are growing but the odds of a shutdown have to start at sixty five percent or higher uh... for my client i usually at about five percent i'm very bearish on these kinds of things i was only a twenty five percent we would shut down into going this weekend uh... now that we're in this new world i think you have to start at least sixty five they did a strong argument to make for seventy five and i bet the street will be much higher than me and that shutdown deadline is november fifteen ten rieta trays at veda partners notes moody's has already warned its confidence in u .s. governance is wavering it's the only credit agency that still has a top rating for the u s we have other major political news this morning there is a gag order now on all parties in the donald trump fraud trial in new york texter has the story the judge saying that trump posted on social media an attack on the judge's clerk and shared a photo to his followers the judge saying any attack of any members of his staff are not acceptable also told parties not to talk about the case outside the courtroom now going into today's hearing trump he's been given false information misleading information and corrupt information by a very corrupt and incompetent attorney general trump deleted the host i met by extra bloomberg radio rated thanks meanwhile the blockbuster trial of f t x co finder sam bankman fried is also underway in new york and bloomberg scaly lines is covering the trial for us and found this report from lower manhattan dam bankman freed was present in the courtroom on tuesday he had a order haircut that signature mop of curly hair is gone he was also wearing a suit that appeared too for him it seems that he may have lost some weight while in detention at the metropolitan detention center of course this this case really centers around the implosion of f t x and alameda research that crypto exchange and the separate hedge fund both of which he had founded and prosecutors say he orchestrated one of the greatest financial frauds in u .s. History kaley lines at the federal courthouse in manhattan for bloomberg news all right kaley thank you it's been quite the morning the in markets earlier the 30 -year treasury briefly hit five percent for the first time since 2007 right now the yield on the long bond is at 4 .93 and we get more from our markets reporter valerie fell. we are now trading nearly a percentage point above the hundred day moving average which just goes show to that this momentum has really really surprised all of us just how quickly uh jarringly these yields have risen in just the last few weeks alone bloomberg's valerie title says the sell -offs being seen to crown the globe the german 10 -year rate climbed to three percent a level unseen since 2011 well nathan the market reaction follows more hawkish talk from the fed atlanta fed president rafael bostick says the fed should hold rates at elevated levels for a long time to bring inflation back down to its two percent target but i'm grateful to say is that we've seen inflation come down i feel like we're in restrictive space now and now that we just need to let that restriction play out and let let it bring inflation continue inflation down to get back into the range of our target and and if we can do that that would be a good thing atlanta fed president president rafael bostick says he expects just one rate cut will be appropriate in 2024 toward the end of the year meanwhile treasury secretary jed it yellen says she's very optimistic about the u .s. economy short -term um... inflation is coming down in the context of an extremely strong labor market we're now engaging in a very substantial program of investments to strengthen our economy secretary yellen also indicated higher long -term rates could pose a threat to the global economy s and p futures are flat as are nasdaq futures you are listening to bloomberg daybreak it's now six oh seven on wall street word sixty six degrees in new york's can be sunny today with is in the low eighties low sixties tonight and michael bars here with a look at what else is going on in new york and around the world good morning morning michael good morning nathan officials say five people have been wounded in a shooting at morgan state university in in baltimore during homecoming week the gunfire shuttered windows at a residential building historically black college shelter -in -place order was lifted overnight the five victims are between the ages of eighteen and twenty -two baltimore mayor brandon scott tension and unacceptable tragedy joins as we know a long line of is in schools around this country incidents like this no suspect has been identified yet new jersey governor phil murphy is once again slamming new york's congestion pricing plan murphy in a statement says this proposed tolling program remains a fundamentally flawed and unjust scheme to balance the mta's budget at the expense of hard -working new jersey ins we will continue to fight this this unfair tolling program on behalf of our commuters and residents scenarios early this week from the mta's traffic mobility board do not call for fully reimbursing total costs for garden state commuters vice president kamala harris took part in the swearing -in ceremony for political edges la fonza butler who was appointed over the weekend by california governor gavin newson to fill the vacant senate seat left by the late diane feinstein senate majority leader chuck schumer congratulated the newest senator on the floor saying their late colleague would agree that butler will keep the seat in good pants i can't help but think how proud senator feinstein would be seeing someone is as brilliant as accomplished as history making as the funds are butler take her place feinstein died last week at the age of 90 president joe biden is canceling an additional nine dollars in student loan debt his latest action to aid borrowers after the supreme court blocked his debt relief plan and as payments resume the white house says today biden will detail the efforts global news twenty four hours a day powered by more than twenty seven hundred journalists analysts over a hundred twenty countries i'm michael michael barb this is bloomberg made okay michael thanks so we bring you news throughout the day here on bloomberg radio but now you can get latest the news on demand whenever you want it subscribe to bloomberg news now to get the latest headlines at the click button get informed on your schedule you can listen and subscribe to bloomberg news now on the bloomberg business at bloomberg dot com apple spotify and anywhere else you get your podcast news six ten on wall street time for the bloomberg sports update brought to you by tri -state howdy with with john stash our thanks nathan no team of the history of north american sports ever had a longer postseason losing streak the the
A highlight from 1375: MAX KEISER: Bitcoin Will Rocket to $3,000,000
"Holla at your boy. Lots to cover as the crypto bloodbath continues in today's show. I'll be breaking down the latest technical analysis, as literally there was a billion dollars worth of liquidations. We'll also be discussing SpaceX Bitcoin right down, sparks a massive confusion. The question is, did Elon and SpaceX really dump three hundred and seventy three million worth of Bitcoin, or is it nothing more than FUD? We'll also be discussing U .S. Congressman issues a warning on CBDC says they pose an existential threat to Western civilization. We'll also be discussing tornado cash loses its lawsuit against the U .S. government. I'll be breaking down this report, as well as breaking news. The judge grants the SEC request to file a motion for the appeal with the Ripple XRP case. And Max Kaiser, our fearless leader, quoting him here, Bitcoin has already and will continue to outperform everything else so spectacularly by one hundred X or more that anyone holding fiat stocks, bonds, gold and all the coins, property, etc., will literally be impoverished. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at CryptonewsAlerts .net. Again, that's CryptonewsAlerts .net. And welcome y 'all just joining us. Now let's dive into our market watch and check out this insanity of this bloodbath currently going on in the Bitcoin market. You should be able to see on your screen. Let me know in the chat. Bitcoin's currently just holding on to twenty six thousand one hundred by a thread. We've already touched in the twenty five thousand range. We're still down six percent for the day. Ether down four percent, trading at sixteen hundred dollars. And some of the biggest losers naturally is some of these alts. XRP down thirteen percent, barely holding on to fifty cents. We have Solana down seven percent, trading at twenty one bucks and also XLM and Litecoin are in the blood red. And checking out CoinMarketCap .com, the current crypto market cap sits at one point zero five trillion dollars, but about seventy billion in volume in the past twenty four hours. So the volume is up roughly fifty eight percent. We've got the Bitcoin dominance at forty eight point three percent, with the ether dominance at nineteen percent even. And checking out the SOT 100 crypto gainers in the past twenty four hours, probably not much, just what you see here. We have AKT, which I have never heard of, up thirty three percent, trading at a dollar thirty nine, followed by Injective up seven percent, trading at seven dollars and seventy eight cents, followed by Tether Gold, which I have never heard of, barely in the green, trading just under nineteen hundred dollars. And virtually the entire crypto market is bleeding in in the red with the biggest losers, including Conflux, Litecoin and XRP for the past twenty four hours. And if you check out the top losers for the past week, yikes. I mean, we're talking about anywhere from ten to twenty, even as high as thirty percent losses, not looking good right now for the alts. And checking out the crypto greed and fear index, we're currently rated to thirty seven, finally back in fear. We have been stuck in neutral and greed for the bulk of the year. We're finally back in fear. Yesterday was a fifty neutral, last week a fifty one and last month also a fifty in neutral. Now, welcome to everyone just joining us. Someone earlier asked in the chat and they're like, yo, smash that down arrow button, dislike this video because he's sharing predictions of millions of dollars. Meanwhile, there's a bloodbath in the market. And I responded like I'm not losing any sleep over this dump. All I do is continue to stack sats and I sleep like a baby. Why is that? Because I'm not an ish coiner. I have the most pristine cryptocurrency, decentralized, incorruptible, unconfiscatable crypto, and the only one that there is and that is Bitcoin. So why everyone else is crying and panicking? I'm stacking sats. I just spent an entire day at the pool with my daughter having a grand old time. I'm not sweating it whatsoever. And I think if you're a Bitcoiner, you feel the same way because one Bitcoin is still equivalent to what? One Bitcoin. Who cares? The fiat crap, you know, value equivalent. It's irrelevant. One Bitcoin will always be equivalent to one Bitcoin. And with that being shared, let's dive into today's Bitcoin technical analysis and check out some of these blood charts we're witnessing right now. Bitcoin stayed near two month lows at the August 18th Wall Street open as the markets came to terms with extreme liquidations, which we can see here not looking so great. And data from Cointelegraph and TradingView showed Bitcoin price action tracking sideways after a single day candle spawned an 8 % loss. Bitcoin saw a cascade of liquidations across the derivative markets, which is used as a financial weapon of mass destruction, with these accounting for an outsized majority amid the relatively lack spot selling. Quoting QCP Capital, In Deribbit, it is likely that a large account got wiped considering the immense short liquidation that occurred together. And as you can see here, shorts are getting wrecked. I mean, so many positions are getting wrecked, obviously. Now, QCP, like others noted that the market reaction to the alleged trigger are right down to SpaceX's $373 million on their Bitcoin holdings, which appeared to be exaggerated. And in our next story, we're going to be diving deeper into this. And is it just all FUD or is there any truth to this story? Now, the total liquidations challenge those seen in the immediate aftermath of the FTX exchange meltdown, the event which resulted in Bitcoin dip into two year lows and the current low of the cycle, which is $15 ,600 back in November of 2022. Quoting the Kibisi letter, This feels like yet another sign of drying liquidity markets have seen over the last few weeks. And for popular trader Rec Capital, here's what he had to share. Bitcoin formed its higher high at $31 ,000 on inclining volume, but the price formed the second half of its double top on the declining volume. And an accompanying chart showed trading volume on the daily timeframes, as Rec Capital warned that capitulation had likely not yet matched the previous selloffs. Quoting him again, Though there was a small breakout in the seller volume on this crash, it is still nowhere near the seller exhaustion volume levels of the previous Bitcoin reversals in which he explained. In fact, current seller volume would need to probably double to reach those seller exhaustion volume levels that prompted the price reversals in early and late March, as well as mid -June. Meanwhile, others were more optimistic as pointing out to the RSI. Every cycle, including the weekly Bitcoin RSI experiences, a fakeout of the bull market start line comes lasting longer than others, and every one of them makes a revisit to the 0 .382 Fibonacci retrace of the move. And with the latest drop, both of those things are now complete. And also QCP points out, We believe that a low now rests on Powell's speech at Jackson Hill next week. And so there you have it. How low do you think the Bitcoin price action is likely to go during this dump? Let me know your honest thoughts in the comments right down below, which leads us to our next story of the day. Let's discuss everything SpaceX and the FUD circulating in the markets right now. What exactly is causing this mass liquidation of over a billion dollars of positions to be liquidated just like that? Let's break it down and let me know your thoughts also in the comments. SpaceX's Bitcoin write down report on August 18th sparked mass confusion within the crypto community. The report published in the Wall Street Journal puzzled many. Keep in mind, that's the mainstream who questioned whether SpaceX held 373 million bucks worth of Bitcoin and sold it in 2021 and 2022, or whether they only reduced their Bitcoin exposure by the same amount. Several social media outlets reported that SpaceX had sold this entire Bitcoin holdings. Maybe that's what crashed the market, while others expressed uncertainty, claiming they were unable to confirm the amount based on the wording of the report. As pointed out here, I actually read the Wall Street Journal report, and I think Bitcoin magazine is wrong. Yes, the report claims that SpaceX marked down the value of the Bitcoin by 373 million, but that doesn't mean they sold 373 million and sold some, but selling some doesn't necessarily mean they have no Bitcoin left. And I think they make a great point. Then Elon Musk, well, he revealed this in 2021 that SpaceX was holding Bitcoin as does Tesla on his balance sheet. And while Tesla's Bitcoin holdings were made public, there were no estimations around the SpaceX Bitcoin holdings, which have been key to the ongoing confusion. Tesla once held 1 .5 billion worth of BTC purchased during the bull market, but revealed it has sold 72 % of his holdings in quarter two of 2022. The SpaceX write -off claims were also believed to be one of the key catalysts behind the 2000 Bitcoin price drop, although several others denied that being the cause. Musk hasn't addressed the issue as of yet, but the market FUD made him target of Bitcoin proponents who questioned his strategy of buying high and selling low, while a few others called it market FUD. What are your thoughts? Do you think this is nothing more than mainstream FUD published by the Wall Street Journal specifically to tank the markets? Very interesting thought, right? One Reddit user wrote that Musk is running out of cash across all of his companies, suggesting that Musk might sell all of his Bitcoin and doge within the next six months. And users on X also called out Musk for his paper hands, which we commonly make fun of him for quoting them here. Musk appears to be going to toe to toe against Bitcoin and his ex empire. I wish him well, although I don't think this is wise. That's coming from Dr. Jeff Ross. While the dilemma around SpaceX Bitcoin holdings continues, Bitcoin proponents advocated traders to huddle Bitcoin and not fall for the market FUD. I think that's a great point. As pointed out here, SpaceX didn't sell his Bitcoin and neither did Elon Musk. Now sit back, relax, and just some intelligent guys getting $700 million in longs. Don't leverage, be patient, and just huddle. Sage advice, as we all know, huddle be thy name. And when in doubt, try to relax. Get your mind off of the price action. Like I said earlier, I spent the entire day in the pool, soaking up those sun rays here in Puerto Rico, and I'm not losing any sleep over these dumps. I just will continue stacking sats and counting my blessings because I'm a Bitcoiner and not an ishcoiner. And again, the ishcoins are the ones that get wrecked when Bitcoin drops 8%. Some of these altcoins will drop 10, 20, maybe as high as 30%. So that's the wreckage, you know, comes with the territory, no risk, no reward. Obviously, altcoins are very risky, but hence, when they pump, they could be very rewarding at the same time. So you got to find an equilibrium, right? Anyways, now let's discuss the existential threat, says Congressman regarding central bank digital currencies, better known as CBDCs. Let's break this baby down. And again, welcome to everyone just joining. Make some noise in live chat. Let me know where you're tuning in from. This is a very good warning coming from US Congressman Warren Davidson, warning that the central bank digital currencies, better known as CBDCs, can result in a dystopian future. Facts. The Ohio Republican tells his 80 ,000 ex -followers he believes that CBDCs could transform money into a powerful means of governmental control and plans to introduce legislation to criminalize the development of these types of assets. So everyone, please show this Congressman Warren Davidson some love, because I don't know many other congressmen coming out sharing that. And we all know this is fact because we're bitcoiners, quitting him here to make the point crystal clear. I am working on legislation to criminalize designing, building, testing, developing, or establishing a central bank digital currency. CBDC poses an existential threat to Western civilization by corrupting money into a tool for coercion and control. Now, sound money serves as a stable store of value and an efficient means of exchange. Now, Davidson also says he wants to prohibit CBDCs because they threaten other digital assets such as bitcoin and pitting the development of beneficial financial technology, quitting him again. Central bank digital currency poses a serious threat of all digital assets. As I said at a flyover fintech, many people wrongfully conflate even bitcoin with a CBDC. I'd say the average individual knows no difference because they're completely ignorant to cryptocurrency. But if you watch the show, you already know CBDCs are pure evil programmable government money and bitcoin is the antidote. Now, at least most agree that CBDC is evil, the financial equivalent of the Death Star. No, that's true. Now, don't become an accomplice to anyone designing, building, testing, developing, or establishing CBDC. Banning CBDC is essential to America's fintech future. Davidson calls out several entities currently working on CBDCs, including Ripple Labs. That's right. Tokenized assets are not the problem, it's the people. Entities, including the Fed, Ripple, and Consensus and influencers are actively working on CBDC projects. So it's no secret. The congressman says the CBDCs are the complete opposite of decentralized finance and vows to prevent their adoption, quoting him again. Current CBDC versions are centrally managed permission database dependent on digital ID. This is the opposite of DeFi, where the entire computing architecture is designed to protect privacy and enable permissionless peer -to -peer transactions. 100 plus countries are studying, developing, or implementing the same creepy surveillance state technology as China. So there you have it. You have been warned. I warn you virtually every single day on the show to stay away from CBDCs, as Bitcoin is the antidote, and we don't trust the government, and we don't trust their fiat money. Why would we trust their digital version of government fiat money? It would make no sense whatsoever. But anyways, fam, now let's discuss the conclusion regarding the tornado cash lawsuit. Unfortunately for the community, the government won. Then we'll discuss the latest with the Ripple XRP appeal, followed by the latest predictions from Max Keiser, suggesting Bitcoin will continue to outpace every other asset and climb another 100x from the current price, virtually predicting a $3 million Bitcoin price action. And then we'll dive into our live Q &A. So yeah, let's discuss tornado cash. And how many of you have ever used it before? Do let me know. Tornado cash is the most well -known crypto mixing service sanctioned by the US Office of Foreign Asset Control last August. The decision was a result of a long -lasting spat between the regulator and the crypto mixer dating back to at least 2018, when two persons of special interest in the US government were found to be using its services. Now, although crypto mixers do indeed appeal to cyber criminals, their main purpose is to grant extra privacy to those who want it. In order for a crypto mixer to work as intended, the number of beginning users must be much higher than the amount of bad actors using it, with no sizable amounts of assets to mix. The operation falls flat. Now, is this with the distinction in mind that Coinbase supported tornado cash's appeal against the sanctions? Well, as pointed out here, the rights are rarely secured on a path that is always up, and we will continue to believe plaintiff's challenge to OFAC's tornado cash action is right. We have always known that the Fifth Circuit Review is required to resolve these issues. So this is ultimately Coinbase pushing back and saying, hey, this isn't right. The government shouldn't be allowed to do this. Now, also keep in mind that according to the court documents, Torquato Cash's argument focused on its definition as a decentralized open source software project made of smart contracts on the Ethereum blockchain. However, the minting of torn tokens administrated by the tornado cash DAO led the government to believe otherwise. And although DAO is a technically autonomous, the court argued that whoever holds the most funds has the most voting power and therefore re -centralizing decisions in a roundabout way. The case was presided by Judge Pittman of the U .S. District Court for the Western District of Texas, and motivating his decision to turn down the lawsuit, Judge Pittman stated, in the eyes of the U .S. government, tornado cash is indeed an entity with a property interest, and therefore the OFAC sanctions of the crypto mixer do not qualify as governmental overreach. Quoting them here, this case is about tornado cash, but the parties disagree on how to characterize tornado cash. Plaintiffs argue that the designation of tornado cash exceeds the department's statutory authority over foreign nationals' interests in property and violates the free speech clause. The government, on the other hand, argues that tornado cash is an entity that may be designated and that it has a property interest in smart contracts. So unless further arguments are brought forth, tornado cash will remain on the OFAC's specially designated national list, which prevents the entity from doing business with the banking sector and a wide range of businesses. So there you have it. What are your thoughts on this? Do you think this is unlawful and overreach of the government bodies in the SEC? Let me know your honest thoughts in the comments right down below. Now let's discuss the latest with the Ripple lawsuit versus the SEC. As many of you know, Ripple Labs did get a slight victory, and it was determined by Judge Torres that XRP was not being sold as an unregistered security, as the SEC deemed. And so, however, Gary Gensler is not accepting that the SEC is not accepting the verdict from the judge and is ultimately going to be appealing this decision. So let's now break this one down, shall we? Yeah, very interesting indeed. Check it out. Judge Torres has granted a request from the US SEC to file a motion for leave to file for the interlocutory appeal in the case against Ripple Labs. The security regulator sent a letter to Torres August 9th Well, duh. But according to the US law, this appeal occurs when a ruling by trial court is appealed while other aspects of the case are still proceeding. The decision allows the SEC to file a motion by August 18th, which is today, requesting permission to bring a case to the US Court of Appeals for the Second Circuit. Ripple will also be able to file an opposition to the motion. Now, the decision comes just a few hours after Ripple Labs voiced opposition to a potential appeal for the case. Ripple lawyers put forth three main arguments in opposition to the SEC request. They first argued that an appeal requires a pure question of law and that the SEC's request raises no new legal issues that need to be renewed. They also argued that the SEC's claim of an incorrect court ruling on the matter is not sufficient and that an immediate appeal will not advance the termination of litigation proceedings. Quoting their CEO, Brad Garlinghouse, reminder, the request for appeal, even if granted, doesn't change the fact that XRP is not a security. That's not up for debate or trial, but the SEC continues to claim that Chris and I acted recklessly in believing that XRP is not a security. Yada, yada, yada. Now, Torres ruled on July 13th that Ripple's native XRP token is not a security when distributed in public sales, aka exchanges, but that the ruling considered XRP a security and institutional sales. Interesting. The case against Ripple has been ongoing since December of 2020. Holy moly. When the SEC sued Ripple and his two chief executives, including Brad Garlinghouse and Chris Larson, over allegations that the company was offering an unregistered security. And in a recent interview with Bloomberg, Garlinghouse shared his belief that the SEC would face a lengthy appeal process, putting him here, as a matter of law, the law of the land right now is that XRP is not a security. And until there is an opportunity for the SEC to file the appeal, which could take years, frankly, we are very optimistic. He noted, and according to Garlinghouse, an appeal against the retail sales ruling would only further solidify the decision that Torres made. So there you have it. You also have to keep in mind for this to go to the appeal and do a whole new trial could take years. So in the interim, meaning in the meantime, meanwhile, XRP is not a security unregistered security being sold on the exchanges. So all the exchanges have the permissions to relist it. And in fact, a lot of the major exchanges have already relisted XRP for this reason. However, if they have another trial, let's hypothetically say three years from now, and after another trial, the judge changes the ruling and it's deemed an unregistered security, then it can be like deja vu all over again, like going back to 2020, it gets delisted from all the exchanges. And to me, that is very scary. And you can thank No Clarity Gary for that one. So how do you think this is likely to play out? Do you think the SEC is just wasting their time? I mean, I personally look at it this way. The SEC has unlimited resources. They have all the money in the world, the money printer, you know what I mean? Will continue to go burp for their needs. And so they can virtually do anything they want. I think it's overreach. Obviously, it's the crypto crackdown. Unfortunately, it's likely to continue. However, I think the lawsuit against Coinbase and Binance, et cetera, can help set precedent, just as the XRP lawsuit has. And I think that thus far, it's been a win for crypto because the SEC is not getting their way. And of course, they're not going to be happy. Of course, they're going to appeal it. Of course, Gary is not going to give us what we want and protect the investors whatsoever because they're just protecting their own pockets at the end of the day. And that's just the reality of the life that we live in here in the crypto sphere. But with that being shared, fam, let me know your thoughts. And now let's break down our main story of the day. And that's Max Kaiser predicting that the Bitcoin price will rise to $3 million. We don't care if Bitcoin is crashing because we're in this for the long haul. So cry me a river, y 'all. But with that being shared, yeah, first, let's start with this quote he recently shared on Twitter dated August 11th, which got 62 ,000 views. He wrote, Bitcoin has already and will continue to outperform everything else so spectacularly by 100 X or more that anyone holding fiat stocks, bonds, gold, all the coins, property, et cetera, will literally be impoverished. Very powerful words. Now, at the time he made this prediction, Bitcoin was close to 30 ,000. So what is 100 X times 30 ,000? That's $3 million per coin. And now quoting him from a more recent interview he did with Swan, maybe about a week or so ago, I posted this on X, formerly known as Twitter on, let's see, August 12th. So the following day after he made that post, it got 131 ,000 views, fam. And here's what Max Kaiser had to share. With Bitcoin, it's kind of the end of price discovery because everything will eventually be priced in Bitcoin. Everything goes to zero against Bitcoin. Bet you heard that one before. And so for someone like myself who has been following this for 40 years, the finance markets, technology, Bitcoin is the holy grail. It is the end all preach. I would say my compatriot in all of this is Michael Saylor. When you hear Michael Saylor talk, he talks about the aesthetics of Bitcoin, the beauty of Bitcoin. And he speaks about it in a way I think carries the torch from the Max and Stacey from 2011. Now he started buying it, I guess, when it was 10 or $12 ,000 or so in 2020 era. So we were there from 2011 to 2020. And I think he's kind of carried the torch from 2020 in a lot of ways and introduced Bitcoin to massive pools of capital, including to Elon Musk. Note that. I'm surprised that more companies haven't followed his lead, giving the breakup of inflation that we have had exactly as Michael Saylor predicted. The melting ice cube, as he called it, at the exact time and exactly what happened. Well, I guess we can say now we're in an era where BlackRock and these other major institutions are now looking at Bitcoin. So his work on the institutional level, I guess, is bearing fruit. Now, three years later, I see in the Middle East, they are starting to recognize Bitcoin. So that's a huge pool of capital. Yeah. And I think that all that oil money will find its way into Bitcoin and be a huge catalyst for higher prices. So it's a natural way for the oil industry to diversify their portfolio because Bitcoin is essentially energy and the energy eventually gets priced in Bitcoin. And there is a marriage between these two in a big way. So there you have it, his first big prediction that the oil industry is going to diversify into Bitcoin and he continues. So I think that's kind of the answer. I have always been fascinated by price discovery in markets and the architecture of how markets work under the hood. And Bitcoin is such a pristine, perfect money. And I think it's something that humans have been searching for since forever. And now we're seeing it change society on a really fundamental level with the introduction of Bitcoin. Now, a lot of people are freaking out because of it, because it destroys the status quo, preach. And a lot of people who have been waiting for it to come along and had the faith that humanity can be saved. Thank God. I honestly feel humanity would be doomed without Bitcoin. All we have to look forward to is CBDCs and the enslavement of the human race. Now, anyways, continuing, they see Bitcoin in those terms. So you have this split going on, which is very exciting. So it just continues on and on. And how could you not be interested in it? I think the people who were into it earlier, aka Roger Ver, and walked away just never got it from the beginning. Once it's categorized as an asset class, we have nothing to do except position ourselves in this asset class. So either we are going to have a small position or a big position, but we cannot ignore it. We cannot not have a position. Now, listen closely here. So even 1 % of that multi -hundred trillion dollar funds available moves the needle on Bitcoin and it moves it up considerably. He's referring to the five, six, seven hundred dollar or five, six, seven hundred trillion dollar total addressable market. And he continues. So if we get into the five or 10 % range, then you start to really see a raise ahead to the seven figure type predictions that people have been making, including myself, because it is an asset class. But on the flip side, we have what we saw in the gold market, which is the ability to control price discovery and manipulate the prices. And it's real through the derivatives markets. Pay very close attention to what he shares about derivatives here, fam. This is how the powers that be and the central bankers continue to manipulate the precious metal market. So the price of gold has been lagging inflation for 20 years because the government around the world doesn't like gold making their fiat money look bad. So they make it easy for the huge funds to manipulate the price of gold and to scalp and to continuously skim profits off of gold, which is what they do almost every single day. You can watch it and see it. In fact, it's pretty clear. And they are very good at keeping the price of gold and silver down. There's something like for every ounce of silver, there's probably 50 ounces worth of derivatives floating in various exchanges around the world that are used to keep the price of silver down because governments don't want gold to race ahead to draw the capital out of their fiat money scam and into gold. Makes a great point, right? And with Bitcoin, we have the ability to pull our private keys, which is not really available with gold. Technically, people can take delivery of gold on these exchanges, but there's never been an organized attempt to do so preach. And also, let's not forget that the majority of the gold in the world is hoarded by the central bank. So keep that in mind, fam. Anyways, back to Max's quote. We tried to do it a few years ago. It crashed JP Morgan by gold and silver because after the 2008 financial crisis when JP Morgan ended up buying Bear Stearns effectively for nothing, they inherited this multimillion short silver position that Bear Stearns was managing at the behest of presumably the government. The government likes to stay involved. And so I did some calculations and it became clear if this short position was not covered and the price of silver got to $60 or $70 an ounce, it would bankrupt JP Morgan Chase. So we started this crash JP Morgan buy silver campaign. We got the price of silver from 15 bucks up to $50. What a legend. So we got it up to the old Hunt Brothers $50 level. And then the Fed of course came in and they changed the laws overnight to make it possible for these banks to have and carry much greater short positions on silver. So they printed up a lot of paper silver derivatives and they stopped the run on their bank and the price went back down to $15 or so. So we have seen that it is possible to force capitulation to the silver market, but at the end of the day, because of the ability to pull private keys, it is not like it is with Bitcoin. I don't think it'll ever succeed. Whereas with Bitcoin, you can pull your private keys. So there you have it. Very powerful words coming from Max Kaiser. And that's 100 % accurate. And why I don't trust the precious metals myself. Now, if Bitcoin and cryptocurrency didn't exist, I'd be all in on gold and silver because what other option would there be? But because there is Bitcoin, there is no second best as Michael Saylor once said, like real talk. Am I going to trust my life savings in gold when the powers that be can just manipulate it on a whim? In fact, they have been caught doing so, so many times. How many times has JP Morgan had to pay billion dollar or hundreds of millions of dollars in fines for being caught manipulating the precious metal market? I think that will continue. Now, Bitcoin is the only incorruptible money, hence why it is perfect money. There is a finite limited supply. And I mean, there's no greater alternative. There is no second best quoting the great Michael Saylor. And don't forget to check out crypto news alerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode.
Fresh update on "twenty four hour" discussed on Bloomberg Daybreak
"But sites helping download and you up workflow achieve the show better tools at Bloomberg next results. .com at we'll Bloomberg look at slash Law the future For .com. podcast the of practice congress of and with law, kevin attorneys With the guidance business mccarthy get from of out the our of latest law, experts, as in house speaker you'll AI donald grasp the future powered trump plus the of latest legal updates along law, trends analytics, visit with on in BloombergLaw the sam the legal fraud business trials bankman freed all that and more coming up in our six a m news hour to of bloomberg daybreak starts right now broadcasting twenty four hours a day and the bloomberg business at this is bloomberg radio the bloomberg interactive workers studios this is bloomberg daybreak for wednesday october fourth coming up today a house divided kevin mccarthy is ousted a after just nine months now congress is in limbo with no clear successor in sight the judge in donald trump's civil fraud trial issues a gag order and global bonds sell -off continues driving yields to level in more than a decade a mass shooting at a baltimore university leaves five wounded plus new jersey governor Murphy once again takes aim at congestion pricing in Manhattan. I'm Michael Barr. More ahead. I'm John Stashow on sports the baseball postseason underway with wins by texas venezuela arizona and the today on bloomberg daybreak on bloomberg eleven eleven three oh new york bloomberg ninety nine one washington d c bloomberg one oh six one boston bloomberg nine
Monitor Show 18:00 08-16-2023 18:00
"Um... that's closely less clear to me now i don't know how that would play out it but for the linkages you really have to understand what the linkages are yet exactly i mean i'm not quite sure all i know is it's a flurry of headlines i feel like every twenty four hours unbelievable try to keep up with it yeah you try to keep up with you guys we're doing the best that we've got a great team you do have a great team and this is why it's always a must listen and watch uh... daybreak asia it's coming up in just a moment starts right now broadcasting twenty four hours a day and the bloomberg business act is bloomberg radio this is bloomberg daybreak asia for this thursday august seventeenth in hong kong wednesday august sixteenth in new york and coming up today the fed may hike rates again minutes from the last meeting show officials see significant upside risk to inflation officials in china have asked some investment funds to avoid net equity sales as the nation's market crisis deepens and ten cents sales disappoint in a warning for china's tech sector by who will go to maui on monday over one hundred bodies recovered today china defense chief visits russia and belarus congressional leaders strike a deal to hopefully avert a government shutdown i met baxter with global news england beats that's all straight ahead on bloomberg daybreak asia on bloomberg eleven three oh new york bloomberg ninety nine one washington d .c.
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"Learn more adopting about a teen visit adopt u s kids dot org brought to you by the u s department of health and human services adopt u s kids and the ad council markets headlines and breaking news twenty four hours a day at bloomberg dot com on bloomberg television and the bloomberg business app this is a bloomberg business flash you it is nine twenty one here in london i'm anna edwards we check the markets all day long here here at bloomberg and european stocks just on the back foot a little this morning of earlier lows but down still two -tenths of a percent the thirty one hundred has been uh... pretty flat actually for much of this morning the cat care on down a tenth of a percent the set of acts down around four tenths of a percent so more pain falling there and also in italy the weakest sectors today altos and parts retail travel and leisure and the better performing sectors and there are six sectors in uh... in positive territory so around a third of sectors moving higher utilities media uh... are the leading sectors this morning in
A highlight from 1373: BlackRock Bitcoin ETF Will Send Bitcoin to $180K by THIS Date
"In today's show, I'll be breaking down the latest technical analysis, as well as Bitcoin speculators are now saying that at least 69 ,000 all time high in play. But right now is the least amount owned by hodlers. We have to keep this in mind. We're also going to be discussing Max Kaiser's Congress speech about disarming the banksters along with their financial weapons of mass destruction, as well as Bitcoin friendly El Salvador sees bonds return soar to 70 percent thus far this year. In twenty twenty three, we're also going to be discussing a crypto analyst who forecast the big Bitcoin price move to forty thousand. I'll be breaking down his timeline, as well as rich dad Robert Kiyosaki doubles down on his hundred thousand dollar Bitcoin price call and says he shares a common enemy with BTC, quoting him right here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money. Bad news. If the stock and bond markets crash, gold and silver will skyrocket. The worst news is if the economy crashes Bitcoin to a million dollars, gold to seventy five thousand and silver to sixty thousand savers of fake US are F debt is too high. Mom, pop and kids are in trouble. I hope I'm wrong. Please take care. We're also going to be discussing breaking news. Fundstrats Thomas Lee on live TV, quoting him here. If the spot Bitcoin ETF gets approved, the clearing price of Bitcoin is one hundred and fifty to one hundred eighty thousand dollars. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at Cryptonewsalerts .net. Again, that's Cryptonewsalerts .net and welcome y 'all just tuning in. This is Pod episode number thirteen hundred and seventy three. This is August 16th, twenty twenty three. I'm your host, JV. We do have lots to cover. So let's dive in with our market watch for the day. As you can see here in your screen, got Bitcoin price maintaining that critical twenty nine thousand dollars support while ether also correcting but maintaining and holding on to eighteen hundred dollars and checking out coin market cap dot com. The current crypto market cap sits at just one point one five trillion with thirty one billion in volume at the past twenty four hours. Bitcoin dominance back on the rise at forty nine point two percent, with the ether dominance at 19 percent even and checking out the top one hundred crypto gainers for the past twenty four hours. Bone Shiba swap up 13 percent trading at a dollar fifty four, followed by say up eleven percent trading at 19 cents, followed by rocket pool up three percent trading just under twenty seven dollars and checking out next. As you can see here on your screen, we have crypto bubbles. We can see the top gainers for the past week. Bone leading the pack, pun intended, up fifteen percent, but massive losses for the overall altcoin market and checking out the crypto greed and fear index, which you can see here. We're currently rated at fifty two, which is neutral. Yesterday, a fifty three last week, a fifty neutral and last month, a fifty four, which is neutral. And welcome to those just joining us in today's live stream. So much to cover. Next up, we're going to dive into our Bitcoin technical analysis. Check out some of the charts, as well as some interesting facts with some hodlers as well. Bitcoin speculators are leading a period of exhaustion and apathy across the market. In the latest edition of the weekly newsletter, the week on chain analytics firm Glassnode wrote about waning conviction about Bitcoin's short term hodlers. Now, where are my long term hodlers at? Make some noise. And after several months of stagnant Bitcoin price action, frustration amongst market participants has led to predictions of deeper downside to come. The bulls remain unable to break the resistance, while the sellers likewise face multiple support zones in the form of trend lines between the current twenty nine thousand and twenty five thousand dollar levels. And amongst these is the short term hodler cost basis, or better known as the realized price. Short term hodlers are defined by Glassnode as entities hodling coins for one hundred and fifty five days or less and correspond to the more speculative end of the Bitcoin spectrum. investor Now, the short term hodler cost basis has function as support throughout twenty twenty three, but is rapidly rising and currently sits at twenty eight thousand six hundred dollars. Now, by contrast, the long term hodler cost basis reflects the aggregate purchase price of the most stubborn hodlers and thus far lower at twenty thousand three hundred. Quitting Glassnode, the separation between these two cost basis is an indicator that many recent buyers have a relatively equated acquisition price and continuing, researchers describe the market as being potentially top heavy with even a modest Bitcoin price come down now apt to send the short term hodler cohort back into the red. Quoting Glassnode again, on the macro scale, the supply distribution does resemble similar periods during the bear market recoveries of the past. However, a shorter time frame, it could be argued to be slightly top heavy market with many price sensitive investors at risk of falling into unrealized losses. Now, despite this, it appears that speculators have already started to reconsider their market exposure. Let me know if you have or if you're continuing to stack stats as you should. Quoting them here, we note that the supply held by the long term hodlers continues to increase, hitting an all time high of fourteen point six million BTC. So in direct contrast, short term hodler supply declined to multiyear lows at two point five six million BTC the week on chain added. So overall, this suggests that conviction of Bitcoin investors does remain impressively high and few are willing to liquidate their holdings. Are you one of them? Let me know in the comments right down below. Now, the last time the short term hodlers had such little market presence was in October of twenty twenty one, just before the all time high of sixty nine thousand dollars. And it is very interesting as we see the short term hodlers continue to sell and the long term hodlers continue to stack stats as they should. I say the smart money are the whales and the long term hodlers. Would you agree? Let me know your honest opinion. Let me know your honest thoughts in the comments right down below. And now let's discuss our next story of the day. And that's Max Keiser's rant when he spoke in Congress back in January of two thousand and nine, talking about disarming the bankers and their financial weapons, a mass destruction, a very powerful speech given by Max. If you've got to hear this, let me know. I posted and transcribed it on what was formerly known as Twitter, now known as X this morning, quoting Max Keiser. This is an important day as we review the situation with respect to disarming bankers. After the first Great Depression, Congress passed the Glass -Steagall Act. The purpose of the resolution was to disarm bankers as well as brokers. Now, never again would they be allowed to destroy the global financial system. I'm here to warn you that they have, in fact, rearm themselves with a deadly toxic debt instrument known as a derivative. I asked for this session today to support the core assessment made by FAME investor Warren Buffett. He said derivatives are financial weapons of mass destruction and that have apparently been devised by madmen. These instruments pose a mega catastrophic risk. Ladies and gentlemen, don't wait for the mushroom cloud of bad debts to explode over our financial system. Let's disarm the bankers before it's too late. Very powerful words coming from Max Keiser. And again, this is circa January of two thousand and nine, right around the time of the Bitcoin Genesis block, which was released after the 2008 financial crisis. And lo and behold, you can consider him a prophet because everything he was talking about is exactly what's been going on. Financial terrorism as it continues as the central bankers of the world continue to print money until the wheels fall off. Massive shout out to Max Keiser and Stacey Herbert. As you know, I'm huge fans of them both via the Kaiser report as they were the first one to cover Bitcoin with international coverage back when it was trading between a dollar to ten dollars. This is going all the way back in 2011, so literally was at 14 or 13 years ago. So much respect to the high priest of Bitcoin. And with that being shared, fam, now let's discuss our next story of the day. Now that we covered Max versus the banksters and that is El Salvador and their success with their bonds, which have been released as returns soar to 70 percent thus far this year. Check it out. El Salvador, which adopted Bitcoin as the legal tender back in 2021, has seen its dollar bound outperform the majority of the emerging markets with a 70 percent return thus far this year. The massive rally of the bond has now drawn interest from several institutional giants, which include JPMorgan Chase. Take that tapeworm Jamie Dimon, as well as Eaton Vance and PGIM Fix, promoting President Najib Okele to say, I told you so. Now, apart from the institutional giants, the likes of Lord and EBIT and also Neuberger German or I'm sorry, Berman Group LLC and UBS Group AG have also added debt security since April, according to Bloomberg. And also, Paolo, the chief technology officer of Bitfinex, told Cointelegraph that the performance of El Salvador bonds is a clear signal that the investors are supportive of the financial policies of the El Salvadoran government and demonstrates the renewed interest in investing in the El Salvador story while adding the following as the first company to receive a digital asset license, we are seeing significant interest in digital asset issuance and renewable energy investments, which the country has in abundance and is being used for Bitcoin mining and to provide more energy for the country's electrical grid. Now, the growing demand of El Salvador's debt security in 2023 is a quite contrast to its performance a couple of years ago when it first adopted Bitcoin as the legal tender. That's right. They've come a long way. The Bitcoin adoption created uncertainty amongst investors who bet against the country's bonds with several financial agencies, casting a shadow of doubt on the country's financial future. In February of 2022, the American Credit Agency agency Fitch lowered the country's long term issuer default rating from a B minus to CCC, inciting policy uncertainty in the Bitcoin adoption, along with an eight hundred million dollar debt payment due for January of twenty twenty three. Now, keep in mind, El Salvador did pay that eight hundred million dollar debt in full within the due maturing time to start off the year, raising confidence in the country's bonds yet again. And the president, Bukele, at the time noted that they had proven every finance pundit wrong, who doubted whether they would be able to pay their debts in a time after Bitcoin adoption, quoting Bukele here. He actually shared this in January of twenty twenty three in the past year. Almost every legacy international news outlet said that because of our Bitcoin bet, El Salvador was going to default on its debt by January of twenty twenty three, since we had an eight hundred million dollar bond maturing today, literally hundreds of articles. Never forget that. Now, the rise in confidence of investors is visible from the bonds performance throughout the year. And during the same time, El Salvador also passed a landmark crypto bill paving the way for the infamous Bitcoin backed volcano bonds. Let's freaking go. Now, El Salvador and its president have been at the receiving end of criticism every single day since they first adopted Bitcoin in September of twenty twenty one as legal tender, along with the United States dollar financial pundits predicted that the Bitcoin adoption will further strain El Salvador's financial conditions. However, to the contrary, within two years, the debt security of the state has become a hot cake amongst institutional giants, the same that once advised against buying it. So I'll say it for Bukele. I told you so. So there you have it. Let's go El Salvador mass adoption. Bring it. In which country do you think will likely be next to adopt Bitcoin as a legal tender and follow in the footsteps of Bukele and El Salvador? Let me know your honest thoughts in the comments right down below. Now, let's discuss a forty thousand dollar Bitcoin price prediction, as well as a timeline, which I'm going to be sharing with you right here. If you think Bitcoin is likely to hit this forty thousand target, let me know. Now, while he followed analyst Pizzino is bullish on Bitcoin as the flagship crypto asset trades in a narrow range for the past few days or we could say for the past few weeks in a new video, he tells his three hundred thousand YouTube subs the Bitcoin can climb by over 40 percent from the current level between now and September of twenty twenty four. Considering September is only two weeks away, that would be pretty enticing winning it. The crypto analyst says that his upside target of forty two thousand is the range midpoint or the 50 percent level between the Bitcoin all time high of sixty nine thousand and Bitcoin's twenty twenty two low of around fifteen five. Quitting him here, it is possible that we see a test of forty two thousand happen within the period between now and September of twenty twenty four. So in basically twelve, thirteen months, a test of the 50 percent level of forty two thousand two hundred and then a retreat. Do you think we're likely to rise on up to that forty thousand mark? Let me know. And after appreciating to over forty thousand Bitcoin could thereafter correct either mildly or substantially, according to the analyst quoting him again, it could be a small retreat like back here, June to August of twenty sixteen, where it tested seven hundred and then came back to five hundred. Or it could be a deep retreat where it tested all the way up to fourteen thousand in June of twenty nineteen, when the 50 percent level was only eleven thousand five hundred. And then it came all the way back down to four thousand in March of twenty twenty, thanks to no vid. And to watch this video with the analyst predicting Bitcoin can rise to one hundred and sixty one thousand, check the show notes below the video in the description. And please do let me know if you agree or disagree with the crypto analyst. And now let's discuss our next story of the day, and that's the one hundred thousand dollar Bitcoin price prediction from Rich Dad author Robert Kiyosaki. In fact, he even claims that Bitcoin can now go to a million dollars. So let's break this down and then we'll dive into our feature story of the day with the BlackRock ETF, which can send the Bitcoin price parabolic over six hundred percent, surpassing a whopping price target of one hundred and eighty thousand dollars. But first, Robert Kiyosaki, he stands behind his call that the Bitcoin price will put a new all time high and run all the way up to one hundred thousand. Let me know if you agree or disagree with the author. Now, Kiyosaki refers to Bitcoin as the people's money very commonly and says that those who save in U .S. dollars are likely screwed. And that was the nice way of putting it. Reading his tweet here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money preach bad news if the stocks and bond market crash gold and silver to skyrocket the worst news if the economy crashes Bitcoin to a million dollars. Now, that doesn't sound like so such bad news to me. That would be extremely brilliant news for the Bitcoin price to go to a million. But I understand an economy crash is not good. But he continues gold to seventy five thousand and silver to sixty thousand. I do not see those precious metals rising like that, especially considering they're controlled by the central bankers and the cartels have been controlling precious metal markets for a very long time. But nonetheless, I digress. He continues, savers of fake U .S. dollars are effed. Debt is too high. Mom, pops and kids are in trouble. And I hope I am wrong, but please take care. I mean, very bold words coming from Kiyosaki. Also, in an interview he did with Stansberry Research's Daniela Cambone, he warned up the idea of Bitcoin as he has lost all trust in institutions running the country, quitting him here. I like Bitcoin because we have an enemy in common breach. It's called the federal government breach, the Treasury and the Fed and Wall Street breach. I don't trust them. If you trust them, save dollars and get yourself a nice bond. I do not trust those guys. How many can relate with Rich Dad earlier in the year? Kiyosaki also predicted Bitcoin would eventually skyrocket to one hundred thousand per coin, highlighting that the king crypto does not need the intervention of the government to sustain its value. So there you have it. Come in directly from Rich Dad. Let me know if you agree or disagree with the Rich Dad, Poor Dad author. And with that being shared, now let's dive into our featured story of the day. That's everything surrounding the BlackRock ETF, a spot Bitcoin ETF being approved in the United States. Tom Lee was just recently interviewed and says he believes it will automatically send the Bitcoin price somewhere between one hundred and fifty and one hundred and eighty thousand dollars. So let's break this down, shall we? And here this is on this interview. I also already transcribed it for your benefit here. And I'm going to start reading so we don't have to play that sound clip because it's copyrighted. Anyways, he's asked, I always like hearing your price targets. Because you are always so fearless. When are you or where are you on Bitcoin by the end of next year? Let's say. And he responded, well, it's a spot Bitcoin gets approved, referring to the spot Bitcoin ETF. I think the demand will be greater than the daily supply of Bitcoin. So the clearing price, which is done by Sean Farrell, who is our crypto digital strategist, is over one hundred and fifty thousand dollars. In fact, it could even be one hundred and eighty thousand per Bitcoin. And then when asked, that's only if the spot ETF gets approved. Tom Lee responded, yes, a spot US because a spot Bitcoin ETF is approved already outside the US, which is a fact. And then asked, but if it's not approved, then are we just lingering at around twenty nine thousand in which he responded? There is still upside cast because of the halving next year. So you'll have a drop in supply again. And so the clearing price has to increase, but it won't be six figures. So he's ultimately saying the approval of the spot Bitcoin ETF, regardless if it's BlackRock or any of the others, such as Fidelity or ARK Invest, 21 shares, etc., will absolutely send the Bitcoin price to a minimal of one hundred and fifty thousand. And that target could even be as high as one hundred and eighty thousand. But he's also saying in the same token, if Gary Gensler and the SEC does not approve it by the time of the halving, do not expect a six figure Bitcoin price, but expect the price to go up because of the drop in supply as well as the gain and demand. I think the analyst makes a very great point. Now, he was also interviewed a few weeks ago and he discussed this price action occurring within nine months. So I wanted to give you that time frame because the Bitcoin ETF is scheduled to be released sometime. Not the ETF, but the halving is scheduled to be in April of twenty twenty four. So anyways, here's what he had to share in this interview. Current Bitcoin market is in balance with twenty five million in daily block rewards and twenty five million in daily demand, incremental ETF demand. Sean Farrell, their analyst, believes that twenty five billion dollars of demand is possible within the first year. So this is how they come to these numbers. This is one hundred million dollars in daily demand. This would bring the daily demand to one hundred and twenty five million while the daily supply is only twenty five million. So the implied equilibrium price would need to rise so that the daily supply matches the daily demand. Equilibrium analysis suggests that a clearing price is one hundred and forty to one hundred and eighty thousand per Bitcoin before the April twenty twenty four halving. Now, if you'd like to see that come to fruition, make some noise in the live chat. Now he continues. Generally, this idea of higher equilibrium price is consistent. Sean Farrell estimates that the flow multiplier for Bitcoin is four to five X and on the odds of a spot Bitcoin ETF finally getting approved in the United States after numerous rejections of the past year. Here's what we had to share. Bitcoin ETF could finally get approved. Sean Farrell sees the BlackRock effect, making it this far more likely today. Now, BlackRock, we all know, is the world's largest asset manager, and they say they have roughly 10 trillion or more in assets under management. So there you have it. Very bullish predictions coming from Tom Lee and on regards to this BlackRock ETF being approved. But I'd love to know your thoughts. Do you think that the BlackRock Bitcoin ETF will be approved within the next nine months before the Bitcoin halving scheduled to be in April of twenty twenty four? Let me know why or why not. And I'm going to start reading all of your comments out loud. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Monitor Show 07:00 08-15-2023 07:00
"It's six fifty nine on wall street stay with us bloomberg surveillance with tom keen jonathan farrow and lisa bromley starts right now broadcasting twenty four hours a day and the bloomberg business act is bloomberg radio there's still this widespread consensus that the euro area is going to outperform the u .s. and cyclically that doesn't seem to add up the u .s.
A highlight from 1370: Why You MUST Own at least 1 Bitcoin - Jack Mallers
"Welcome, everyone. In today's episode, I'm going to be breaking down the latest technical analysis, as well as MicroStrategy marks three years of holding Bitcoin with four and a half billion dollars in Bitcoin and company stock, literally up two hundred and ten plus percent. We'll also be discussing PayPal executive says that their new stablecoin will be made available for DeFi in the future, as well as Bitcoin as a ticking time bomb set for historic expansion, as rare indicator sends a signal. I'll be breaking this down for you. We'll also be discussing breaking news of fun. Strad investor note says Bitcoin can hit one hundred and eighty thousand dollars before the upcoming block reward, having scheduled for April of twenty twenty four. We'll also be discussing the top reasons why the Bitcoin price will smash a million dollars per coin, as well as why you must own at least one Bitcoin right now. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. What's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at CryptoNewsAlerts .net. Again, that's Crypto News Alerts .net. And welcome, everyone. Just tuning in. This is Pod episode number thirteen hundred and seventy. I'm your host, JV. Today is August 13th, twenty twenty three. Kicking off today's episode here with our market watch, we can see Bitcoin still holding strong onto twenty nine thousand four hundred, but slightly consolidating for the day. We also have Ether barely back in the green, trading above eighteen hundred and fifty dollars, along with BNB and XRP also in the green. And checking out CoinMarketCap .com, the current crypto market cap sits at one point one seven trillion dollars, with about 17 billion in volume in the past twenty four hours, with the Bitcoin dominance at forty eight point seven percent and the Ether dominance at eighteen point nine percent. And checking out the top one hundred crypto gainers in the past twenty four hours, we have room lead in the pack up twelve percent, trading at a dollar thirty seven, followed by a ton up about seven percent, trading at a dollar forty three, followed by Pepe up four and a half percent and checking out the top one hundred crypto gainers for the past week. Mostly, I'd say we got a few in the green, but also probably equally as much in the red. Some of the biggest losers include Koss and Bone, with some of the top gainers for the day, the same as the week with Tun, Rune and Pepe. And checking out the Crypto Greed and Fear Index, we're currently rated a fifty four neutral, same as yesterday. Last week was a forty nine and last month was a sixty in greed. So there you have it. How many of you are currently bullish on the king crypto and have been taking advantage of this recent dip? Let me know in the comments right down below. And now let's dive into today's Bitcoin technical analysis and see what's happened with the continuous sideways trading action. Most of the alts are also quiet today on Sunday, similar to how they perform yesterday on Saturday, except for Rune and Tun taking the lead. Now, the past few weeks went in a rather unventful fashion for typically more volatile crypto asset. This past Monday saw some movements as Bitcoin dipped below twenty nine thousand to mark the weekly low. However, it went on an offensive almost immediately and had surged past thirty thousand by the time Wednesday came. But that was short lived. More volatility was expected on Thursday when the US CPI numbers were set to come out. Yet that wasn't the case. Bitcoin remained at just under thirty thousand, where it had retrace hours just before that. And then the following days were quite stagnant. Once again, Bitcoin stood still within the same tight range of between twenty nine and twenty nine five. And expectedly, the weekend didn't provide anything different, given the typically lower trading volume. So there you have it. I mean, it's been very boring sideways trading action. Nothing new. But I feel once we can break thirty two, we're likely to continue marching on up, breaking the annual high. And there's not much resistance between thirty two and forty. So do keep that in mind as well. Now for the latest regarding the first publicly traded company to put Bitcoin on their balance sheet, which is MicroStrategy. They're still holding their four and a half billion dollars worth of BTC. Let's break this down. As you can see here, it's been three years since MicroStrategy first accumulated their BTC. Michael Saylor spearheaded the strategy of making Bitcoin their primary Treasury Reserve asset, directing the firm to buy twenty one thousand four hundred and fifty four BTC for two hundred and fifty million at an individual price of roughly eleven thousand six hundred dollars on August 11th of 2020. That's when it all began. Now, in the up and down years since MicroStrategy continued to consistently invest in the top crypto asset, becoming the largest institutional holder of Bitcoin. And as of July 31st, the firm holds one hundred and fifty two thousand eight hundred BTC acquired for a total cost of roughly four and a half billion dollars at an average individual price of twenty nine thousand six hundred and seventy two. So they're roughly at their break even point. Interestingly enough, now Saylor was MicroStrategy's chief executive when the company first bought Bitcoin, but now serves as its executive chair after stepping back from the CEO role last year. The MicroStrategy stock is up more than two hundred and ten percent since August 10th. So keep that in mind. And that since 2020, the day before it made the announcement to purchase Bitcoin, MicroStrategy is currently priced at three hundred and eighty four dollars per share, according to Market Watch. And it hasn't been an entirely smooth ride. However, keep in mind, MicroStrategy is down more than 70 percent from the three year high of eleven or one thousand three fifteen, which it hit on February 9th of twenty twenty one, referring to the stock right as Bitcoin was in the midst of that ascendant bull run. And in June of twenty twenty two, MicroStrategy faced concerns it would receive a margin call on a Bitcoin backed loan, though those fears never materialized and seemed to be nothing more than FUD. And in a margin call, a trader or investor is required to put up more funds to avert the closure or liquidation of a leveraged position. And I think when those FUD rumors were coming out, Michael Saylor said unless the Bitcoin price dips all the way to three thousand, we are not getting liquidated because they had more assets to back it. So it was nothing more than FUD at the end of the day. But very interesting. I think MicroStrategy will continue being one of the largest huddlers of Bitcoin in the world. They're second in line to Grayscale, which controls over four hundred thousand BTC. And at this time being there's no spot Bitcoin ETF in the United States. The next best closest thing is to owning MicroStrategy stock. And of course, Michael Saylor is very bullish on that. Now, let's discuss the latest regarding the PayPal stablecoin, which is titled PYUSD. They've been announcing some plans for DeFi. And we also had some analysts recently come out predicting due to the launch of the PayPal stablecoin because their audience is so large, hundreds of millions of people that use PayPal on a regular basis, active users, that it can send the Bitcoin price to a quarter million dollars per coin. That was a prediction from Charlie Shrem. I covered a few episodes ago. If you missed that, be sure to check that out. Now, an insider from PayPal says the firm's new stablecoin will ultimately launch on DeFi platforms sometime in the future. In the new interview on the Unchained Pod, Jose Fernandez, PayPal's senior vice president of blockchain, crypto and digital currencies, told the host Laura Shin that the firm intends for their stablecoin, which was launched earlier in the month, to be available on crypto exchanges and compatible with the DeFi ecosystems, quoting them here. I think DeFi will be a part of the first wave in the sense that we want to go where crypto users are using stable coins today and DeFi as a use case for that. So as of today, you can only get the PYUSD on the PayPal wallet. We are ramping up the product, but definitely the intention is that it will be available in the main exchanges. And when the distribution is available, then the folks will be able to use it for the traditional use cases. The Ponte goes on to share that their stablecoin is already compatible with Ethereum wallets as it is technically an ERC20 token, ultimately meaning on the Ethereum blockchain, and that it's fully backed in compliance with New York regulations. Quoting him again, the stablecoin PYUSD is an ERC20 token. It's deployed on the Ethereum blockchain and it can be sent outside to wallets that enable ERC20 tokens. Now, there is definitely an aspect of it that has to do with being fully backed and regulated as a stablecoin. As you know, we are issued out of New York. Paxos is the issuer and the token is approved by the New York Department of Financial and Security New York has very clear and strict requirements in terms of KYC, know your customer, and anti -money laundering provisions that require the ability to be able to have the right control in place. So there you have it. And to watch this entire interview, they did check the show notes below the video in the description. I will give you a little disclaimer. I do not trust PayPal as far as I can throw them. I had a lot of people ask me, where can I get the stablecoin? It seems currently only available on PayPal, but I wouldn't be holding it. I'd prefer the real thing, which is Bitcoin the only decentralized crypto asset because PayPal, just as they can freeze your funds and freeze your PayPal account. They've done that to me before in the past, probably like a decade ago back in the day. They could also freeze your stablecoin the same way because all it is is a digital version of the dollar. So that's not so enticing or exciting to me. But the reason it's fruitful and bullish for the entire industry, it can help usher in that mass adoption, considering PayPal has hundreds of millions of active use active users. That's why this is a pretty bullish story. But anyways, now let's talk about the ticking time bomb, followed by one hundred and eighty thousand dollar prediction from Fundstrat at the time of the halving less than nine months away. And then I'll be sharing the latest and greatest from the one and only Jack Mallers and why you should own a Bitcoin and why the Bitcoin price is trending towards seven figures. Let's break it down. And yeah, if you're just joining us, make sure to say hello in the live chat. Don't be a stranger, as this is a live and interactive show. But yeah, let's break this story down. As you can see, while he followed analysts as Bitcoin is gearing up for a historic move to the upside, now that has rarely seen the indicator has flash. This anonymous analyst known as Credible Crypto shares that Bitcoin is going through a period of record low volatility or a compression phase, which he says will ultimately lead to historic expansion. Send it. Let's go. He shares a chart, which you can see here, along with fellow analyst tech dev who points out that Bitcoin's three week chart is approaching compression levels that previously signaled the start of the bull markets since 2012. Quoting credible here, historic compression leads to historic expansion. Imagine looking at this chart and thinking, yeah, ten thousand dollars incoming, a ticking time bomb till bear extinction. BTC. That's what's up. Now, while many Bitcoin bulls have lost confidence due to the Bitcoin uneventful price action, credible says Bitcoin is simply consolidating, which should be considered bullish, quoting him again, seeing a lot of if we are so bullish, why aren't we moving up? The bulls don't have the strength to push the price higher. This is bearish. But when the price is moving sideways, it means that neither bears nor bulls are in the driver's seat. Consolidation is, by definition, neutral buyers and sellers have reached an equilibrium. Now, nine out of ten times consolidation structures resolve in the direction of the trend that preceded them. We have been in a very clean, obvious uptrend since fifteen thousand dollars. So by default, then one should expect this consolidation over the last month to resolve to the upside. And he continues, your default stance on Bitcoin here should be bullish, in my opinion, unless we start breaking bullish market structure. For example, the first and lowest timeframe level of the bullish market structure that matters is twenty four eight marked, as you can see here in this chart. So there you have it. How many of you agree with credible crypto aren't currently bullish, even though the price action seems boring and continues to trade sideways? Let me know your honest thoughts in the comments right down below, which leads us to our next story of the day. That's Fundstrat's prediction of one hundred and eighty thousand dollar Bitcoin price by the time of the next halving, keeping in mind that halving is scheduled to be sometime in April 2024, virtually meaning less than nine months away. Let's break this down and shut up to Tom Lee over at Fundstrat. So I actually shared this in a tweet here this morning. Fundstrat investor note says Bitcoin could hit one hundred and eighty thousand before the upcoming block reward halving in April of twenty twenty four. And also interesting, an Indian analyst thinks that World War Three had already begun expecting the BRICS economic bloc to merge with the Shanghai Corporation Organization. And also it is shared that the financial services company attributes this projected five hundred and twenty one percent Bitcoin price hike from the current levels to the rising demand fueled mainly by the anticipated approval of a Bitcoin ETF, which I know is on everyone's mind. We know there's literally hundreds of trillions of dollars in the total addressable market, much of which can be come in pouring directly into BTC. So let's break down some more of these numbers. Fundstrat's and Pharrell's projections follow the mid -July forecast from the banking giant Standard Chartered. And guess who is the primary shareholder of Standard Chartered? You guessed it, BlackRock fam. They predict one hundred and twenty thousand dollar Bitcoin price by the end of next year in twenty twenty four. Now, Pharrell's analysis points to a Bitcoin ETF potentially adding an extra hundred million dollars in daily demand. I honestly feel that is conservative, but hey, now why the impending halving will slash the daily mining rewards down to a mere twelve million, quoting them here with a spot Bitcoin ETF launch daily demand will reach one hundred and twenty five million while the daily supply is only twenty five million. The implicit equilibrium price would need to increase so that the daily supply matches the daily demand. Now, equilibrium analysis suggests a clearing price of one hundred and forty to one hundred and eighty thousand per BTC before the halving in April of twenty twenty four. And moreover, Fundstrat envisions the possibility for a BlackRock Bitcoin ETF to become one of the most monumental ETF launches ever. Let's go. Possibly outstripping the QQQ ETF's thirty six billion in first year inflows. I think we crush it personally. The firm is of the opinion that Bitcoin ETF assets might outshine precious metal ETFs one hundred percent. Now that's a market worth two hundred and thirty billion dollars and eventually become a category worth more than three hundred billion. That's a given, right? However, approval for a spot Bitcoin ETF could enable manipulation akin to allegations about precious metal ETFs like gold and silver. A physically backed Bitcoin ETF is expected to boost crypto adoption as well as the prices. There is a chance it could mimic the gold and silver and allowing leverage of fictional supplies Bitcoin to manage futures positions, a .k .a. through derivatives. Now, when the price rises too fast, this imaginary Bitcoin supply could be dumped to tamp the global prices down. But for a while now, Fundstrat has been prophesizing a leap into the six digit territory as far as the Bitcoin price action, though these bold predictions have yet to materialize. Also, keep in mind, back in May of twenty twenty one, David Grider, the firm's chief digital asset strategist, confidently asserted that the target Bitcoin price of one hundred thousand per coin remained intact. Send it. He further envisioned Ethereum scaling to ten thousand per coin, reflecting on the broader crypto landscape. Grider's perspective from two years prior foresaw the entire crypto economy accelerating towards a staggering five trillion dollar milestone. So there you have it. Let me know if you agree or disagree with Fundstrat and their analysts that the Bitcoin price is likely to hit that target of between one hundred and twenty twenty four. That Bitcoin halving in April of twenty twenty four, that would obviously be the calm before the storm. And could you imagine the BlackRock Bitcoin ETF virtually being approved pre halving? That's going to send Bitcoin to a whole new stratosphere, in my humble opinion. I predict that we hit the peak cycle high in twenty twenty five, just considering the history doesn't necessarily repeat, but often tends to rhyme. And I remember the Bitcoin halving of twenty sixteen. It was the year following in twenty seventeen. We hit the high for that cycle of roughly twenty thousand. Then like clockwork four years later from the twenty sixteen halving in twenty twenty, we had the next halving and the following year Bitcoin hit the current all time high of sixty nine thousand. Hence, I'm predicting a multiple six figure Bitcoin price by twenty twenty five. Let me know if you agree or disagree in the comments below. And like I said, I'll read everyone's comments out loud at the end of the show. And with that being shared, fam, now let's discuss our final breaking story of the day. Jack recently Mallers did a podcast episode on his new podcast, Shout Out to Jack. I transcribed it because I find it very valuable. He was also interviewed on CNBC and talks about how hyperinflation will send the Bitcoin price to a million dollars. So here's some of the highlights and my transcription from his interview I have to share with you and then we'll dive into our live Q &A. So here we go. Here's what Jack Mallers had to share in this interview. If silver is going to 1000 X, I will walk into my kitchen right now and I will melt all of my silverware and I will sell it at market. If gold is going to rally, Elon Musk will find more on Mars. This is a super important point. Bitcoin is the only monetary instrument in the history of our species that is fixed. It does not matter how much more demand comes into the asset class because no one will ever be able to make more than it. There are two things I can guarantee you in my life. Number one, that I'll die. And number two, there will only ever be 21 million Bitcoin. And those are the two things that I could only value, which is my life and my Bitcoin. So it is the only fixed supply asset. It is not that complicated. It's going to go up because everything else can be issued more. The only thing that is clear to us and clear to our customers is that you cannot hold and save in dollars anymore. I think there is going to be a new era of the US dollar where inflation will enter and normalize 5, 6, 7, 8, 9, 10 percent. The days of 2 percent inflation are over. The Fed really blew this thing up. You can call it inflation because the CPI is low to nonsense, right? Like the government is going to tell me how the dollar is inflating based upon a basket of instruments like my Netflix subscription or my Caesar salad doesn't actually tell me how well the dollar is doing or how much it's being devalued. Miami real estate does. Bitcoin does. Bitcoin is up over 50 percent this year. You're telling me the dollar isn't inflating. You're out of your mind. I am not listening to that. The Fed and the whole monetary system is based on trust and they constantly, they constantly break that trust. Preach. It would be the equivalent to there's a fire outside of my house. I smell the smoke and someone tells me, no, no, no, no. It's a bunch of teenagers putting on a bonfire. OK, but I hear one police siren. Are you sure it's a bonfire? Yeah, yeah, yeah. It's a bonfire. Now I hear 10 sirens, 100 sirens. My whole community is running out. I'm not going to get up and look outside the window and see what's going on. I don't believe them for a second. You have to be absolutely crazy to believe the Federal Reserve right now. They are full of it. And I don't have to because I own Bitcoin. There is no one that can deflate my instrument. I get to hold it, save in it. I know the monetary policy. I sleep like a baby, like the baby face that I am. I think you are crazy to believe the Fed and these swap lines and treating these assets at par. It is a gimmick. It is a scam. Very powerful words coming from Jack Mallers. Let me know if you agree or disagree. And as you can see, this post is going viral over on X. So be sure to share it and repost it. I greatly appreciate that. Now for some other thoughts regarding predictions coming from Jack Mallers as well. When he was speaking with CNBC's Power Lunch with Kelly Evans, the strike CEO discussed the role of Bitcoin in the ongoing banking crisis. And Mallers is convinced that the Bitcoin price will hit one million dollars per coin fueled by global hyperinflation. According to Mallers, the Fed has tarnished its name by printing more money to save the banking industry, despite claims to reduce inflation to 2 % as I just shared with you. And as such, Mallers expects the Bitcoin price to continue with higher demand and Mallers reiterated the fact that there will only ever be 21 million Bitcoin units, despite the increase in demand. Now, notably Mallers bashed the altcoin industry for being centralized with founders holding massive coins at the expense of the secondary market. And as such, Mallers thinks that altcoins are suitable for speculation and should ultimately be used to accumulate more BTC. Quoting him again here, my overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. The alts are interesting, but a lot more speculative. I use them to accumulate more BTC. So there you have it. Let me know if you agree or disagree with Jack Mallers and his thoughts, what he had to share. Do you think that global hyperinflation will likely send the Bitcoin price thriving to seven figures per coin? Let me know your honest thoughts in the comments right down below, and don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q and A. And I look forward to seeing you on tomorrow's episode. HODL.
"twenty four hour" Discussed on 77WABC Radio
"If it eventually requires us taking over gracie mansion a place that eric adams swagger man never goes to so be stay tuned ladies and gentlemen to the barricades that's all i can tell you hush hush much much to the barricades today i settle all family business it's another side of midnight seventy seven w abc this is seventy seven w abc newsroom extra governor murphy says he's still in shock that is lieutenant governor sheila oliver suddenly passed away last week only came as a don't shock within hold me to the minute within the last twenty four hours of her life twenty one -year -old died last tuesday one day after she checked herself into a hospital with an unknown medical issue from the day sheila agreed to join me in our first campaign in two thousand and seventeen i have relied on her counsel her compassion and her courage at every single term oliver's family has not released their cause of death she will lie in state in the rotunda of the capital state on thursday her funeral is set for next saturday at the cathedral basilica of it hurts in newark noel laden w abc news says and other fake news stories this morning at ten we should get people to ask questions it's uncovering on the truth with Rudy Giuliani and Dr Maria Ryan using common sense thinking with new york at ten it's uncovering the truth by calling interactive radio talk radio seventy seven w abc and w abc radio dot com listen to us give us a try seventy seven w abc news covering these top stories and our derailment throughout the queens late this morning about eleven o 'clock there
A highlight from Chynna Phillips
"Folks, welcome to the Eric Metaxas show, sponsored by Legacy Precious Metals. There's never been a better time to invest in precious metals. Visit Legacy PM investments dot com. That's Legacy PM investments dot com. Hey, you have you checked your bucket list lately? Are you ready to take care of item number seven? Listening to the Eric Metaxas show? Well, welcome. Tune in and then move on to item number eight. Skydiving with Chuck Schumer and AOC here now is Mr. Completed my bucket list at age 12. Eric Metaxas. Hey there, folks. As I hope I promised you previously, we have the joy of a few minutes with Pastor John MacArthur, someone I admire profoundly. He is in a film that I have seen and recommend highly. It's called The Essential Church. Pastor MacArthur, welcome. Thank you. Good to be with you. Well, I have to say that, you know, yours was one of the braver voices in the last few years, and I'm thrilled that somebody tells the story in this film, The Essential Church for my audience. That's not familiar with it. Would you just share the basic storyline of what happened to you and to your church when the covid madness was launched in this country? Well, I think California was one of the most extreme states in trying to handle covid, so they basically said lockdowns, you know, all of that mask distancing and this then hit the churches. They shut the churches down while they left the casinos and the the marijuana places and some of the strip clubs open because they were essential. And it was at the same time that the BLM riots were happening everywhere. And you could you could put your mask aside and go to a riot. But you couldn't go to church. So we we we were hit pretty hard by that. And we thought if there's a real pandemic here and people are going to die, the church needs all the more to be open because you're cutting off a lifeline where spiritual truth is going to be desperately needed for people who think they're liable to die. And some actually will. So what do we do? Well, for the first few weeks, we we just kind of said, well, you know, maybe this is true, maybe we're all we're all going to perish. But after a few weeks, we knew that wasn't the case. So we we decided to open the church. We just opened it with no mask, no, no, no distancing, no nothing. We didn't follow any of the protocols whatsoever. So the state came after us kind of with a vengeance, the county of Los Angeles, the health department, the governor, Newsom, the state to try to shut us down. They threatened to take away our property, our parking lot. They were relentless. They fined me. They were laying out week by week additional prison sentence times. And we decided, look, we've got to react. So we we sued them on the basis of the violation of the First Amendment. And that launched this long, drawn out thing that went on for about a year and a half. They kept postponing and postponing and postponing that. The hearing twelve times, because the judge kept saying, you guys can't deal with the facts of this issue until you climb the mountain of the First Amendment. You've got to deal with the First Amendment. Well, they didn't want to do that. So finally we demanded, OK, we want a trial, no more hearings. We want a trial. And the first thing we're going to do is depose the county supervisors who are in charge of all this and all the health officials. OK, we're going to depose the health officials and we're going to make them tell the truth. Twenty four hours later, they rolled over, gave us everything we wanted, picked up three and a half million dollars of legal fees. They gave us a permanent injunction that the county and the state can never come against Grace Church again in the future. How did we get that? Because we threatened to depose them and make them tell the truth about Covid. And in order to protect themselves from doing that, they forked over. I mean, they wanted to close us instead of that. They gave us a permanent opening and paid three and a half million dollars. You know, part of this, the reason it's so wonderful to hear you tell this story and why I'm glad that this this film exists, folks, is called The Essential Church, is that this lie has crept in to American Christendom, that we're not supposed to fight back. We're not supposed to be political. We're just supposed to roll over and do what the government tells us to do, which is utterly unbiblical. But there are so many in the church that have really imbibed this lie and they privatized their faith and they would say, oh, you know, that's Pastor MacArthur. He's a hothead suing the government. Whoa, he's supposed to be, you know, friendly, making friends with everybody. What do you say? What do you say to folks like that? Well, well, first of all, I've never made friends with everybody, you know, my whole life because I preach the gospel. And the first message of the gospel is you're going to perish and end up in eternal judgment if you don't come to Christ. That's about as offensive a message as you could give. And that's where the gospel starts. But beyond that, we have to I mean, the church is the pillar and ground of the truth. We have to tell the truth. So this is what I can answer your question with one illustration. When we first did that, one of the leading evangelical organizations in the country wrote against us and said, why is MacArthur doing this? This is this is a virus. This this is not where this is not the hill to die on. Wait for the big battle. You know, save your ammunition for the homosexuals when they come after us or whatever it is. And my answer was, look, people said to me, how do you decide which battle to fight? And my answer is we fight every battle. We fight every battle for the truth. For the purity of the church, doesn't matter what it is, it's the it's the little battles that when they accumulate, you end up with a liberal, nonexistent church over time. We fight every battle. We earnestly contend for the faith, and that's right out of the New Testament. I mean, we're told to do that. So it's not that we're angry about it. It's that the church and the truth is, if anything, is worth defending. That's worth defending for the sake of people's eternal souls. And what do you make of the idea that so many in the church missed it? In other words, they did not stand up the way you did or Pastor Che on dead or Jack Hibbs or Rob McCoy. There are a number of folks who understood we need to stand against this, that this is the biblical stand. We need to stand and pay a price if need be. But the majority, it seems to me, in the church did not. And it's it's a shameful moment in the church. And I guess I wonder if some of them are getting it now. They're waking up. Are they repenting of their inaction? What is your sense of how that happened? You know, I think this goes back to the feminization of the culture, and it ends up with the feminization of the church. You just have you have too many weak men, too, too many men who have been influenced by the raison d 'etre of the current zeitgeist. You might say of this culture, that men have been, you know, just emasculated. And that shows up in the church. I mean, you've got you've got weak men and weak leadership, such weak leadership in the church. I mean, look, if you don't think we have weak leadership, look at the president. I mean, that's the best we can do for the entire nation. This is this is talk about not being talk about beta male. I mean, I don't know where that is in the alphabet, but it's far down below that. So there's just a dearth of strong men. You know, the New Testament says, act like men, be strong, be courageous. And it isn't it isn't that you do that to protect your own investment or your own ministry. It's you do that because you're standing for God's truth. It's a much higher it's a transcendent cause, but it takes some courage and conviction. The courage is not something you have to muster. If you love the truth, if you believe the truth with all your heart, you end up defending it. Well, I'm just thrilled to know that you did and that they made a film about it. How can people see the essential church? If you don't have that answer, I can find out and tell folks in the next segment. But perhaps they can go to the the essential church movie dot com. The essential church movie, and it'll list all the theaters all across America, and they can even order tickets there. Yeah. OK, pick their time. The essential church movie dot com. Folks, you need to see this. You need to be inspired. You need to see what actual Christian leadership looks like, because if we don't stand up, God will not hold us guiltless for our cowardice. John MacArthur, thank you for this and everything else. Thank you, Eric. Pleasure. We're doing a campaign for food for the poor. Actually, I take that back. It begins today, Monday, July 31st. People who listen to this program know that we partner with food for the poor. They are total heroes. Food for the poor steps up because there is always there are always hurricanes flooding other natural disasters at this time of year. So because of poverty or collapse infrastructure in a lot of these countries, by the way, in case you didn't know, America is an amazing country. These other countries do not have a lot of infrastructure, so we need to step up those of us who have the ability to step up. I want to encourage you to go to Metaxas talk dot com and give what you can. Let's get a good start. Go to Metaxas talk dot com. Do what you can or just text Eric to nine one nine nine nine. Please do this. Text Eric to nine one nine nine nine or phone eight four four eight six three hope eight four four eight six three. Hope eight four four eight six three. Legacy Precious Metals has a revolutionary new online platform that allows you to invest in real gold and silver online. In a few easy steps, you can open an account online, select your metals of choice and choose to have them stored in a vault or shipped to your door. You'll have access to a dashboard where you can track your portfolio growth in real time. Any time you'll see transparent pricing on each coin and bar. This puts you in complete control of your money. The platform is free to sign up for. Visit Legacy PM investments dot com and open your account and see this new investing platform for yourself. Gold can hedge against inflation and against the volatile stock market. A true diversified portfolio isn't just more stocks and bonds, but different asset classes. This new platform allows you to make investments in gold and silver, no matter how small or large, with a few clicks. Visit Legacy PM investments dot com to get started. You're going to love this free new tool that they've added. Please go check it out today. That's Legacy PM investments dot com.
A highlight from EXPOSED: Why Joe Rogan AVOIDS Bitcoin | EP 800
"It's all going to zero against Bitcoin It's going up forever, man Yo, welcome to another episode of Simply Bitcoin Live, your number one source for the peaceful Bitcoin revolution, code -breaking news, culture, and manic warfare. We will be your guide through the separation of money and state. Joe Rogan, the most popular broadcaster in the world has not had a predominant Bitcoiner on his show in quite a while. I know someone in the comments said, what are you talking about? He's had Andreas Antonopoulos on the show, like multiple times. That was years ago. In this cycle, you know, Michael Saylor was making a big splash. It was a huge deal what he did, not only Michael Saylor, but also Naeem Bukele. And they did make the rounds on some of the legacy corporate media, right? We had Max Keiser. Also, we all had them on either Tucker Carlson Tonight before it got, you know, de -aired and on Tucker Carlson Today. And it was very it was a kind of a big deal. It's like a historic moment. The move by Naeem Bukele, making Bitcoin legal tender of a country, right? You know, a non -state currency that's not controlled by anyone. The monetary policy set in stone. It's kind of like a historical moment, you would think. And then on the public company front, right, Michael Saylor saying, listen, Bitcoin is a viable alternative to fiat currencies. You would think that the most popular broadcaster in the world would have those guys on. I'm sure Michael Saylor, he did the podcasting circuit, right? Um, so I would I would believe that they would love to go on the Joe Rogan experience if they were offered. So it's actually something that I tweeted a couple it was definitely a couple months ago. I tweeted about I was like, this is so strange. Like, why hasn't Joe Rogan brought on these guys? And that tweet performed pretty well. So that tells me that it's on the mind of of the better said and he tweeted out this pretty long tweet and it covered why he believes Joe Rogan hasn't had Michael Saylor on his show or Naeem Bukele. It's just very interesting. And remember, like a lot of people are like, dude, I don't watch Joe Rogan. That's fine. You don't watch Joe Rogan. But Joe Rogan experience that podcast has 11 million average listens and views per episode. And right now, what I believe is happening in Bitcoin media and the Bitcoin space is we are in this Bitcoin echo chamber. Right. And we're when we're making content and we're making these videos, we're talking to other Bitcoiners. Right. But if we really want this thing to go mainstream. Right. We have to break that echo chamber in the way that you break that echo chamber is by going on mainstream broadcaster shows and content creators like the fact that Tim Pool has mentioned Bitcoin by name multiple times in reference to the banking system failing. That's a big effing deal. Right. So, you know, that is that's how you really move this. Like that's how it really gets out of the echo chamber. And that's where we are right now. So, yeah, we're going to talk about that today. It's going to be a good show. Also, we have a awesome Bitcoiner, you know, well -known Bitcoiner from the Bitcoin community. We have TC of Timechain Calendar today on the show. So welcome, brother. Happy, happy to have you join us. Yo, stoked to be here. Thanks for having me. Thanks, man. Thanks for joining us once again. And of course, my legendary co -host, he's smiling today. So he's definitely optimistic. How are you doing, Opti? I'm doing wonderful. I was actually kind of laughing at TC clearing his throat live on the show. Let's go. I was just drinking my coffee, man. Yeah, man, it's going to be a great show. I'm excited for today. It is Thursday after all. And we almost made it through another week, Nico. So we're just grinding it out. And, you know, I might be a little cynical on today's show in regard to the Joe Rogan news, but I'll save that until we get there, Nico. I'll save my takes until we get there. But yeah, man, let's get into the show. All right, guys, no more delay. Let's jump straight into the numbers. We got a lot to talk about today. Let's check it out. The Bitcoin numbers. Is your Bitcoin and cold storage really secure? Is your seed phrase really secure? Stamped seeds do it yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper. Don't store your generational wealth on paper. Paper is prone to water damage, fire damage. You want to put your generational wealth on one of the strongest metals on planet Earth, titanium. Your words are actually stamped into this metal plate with this hammer and these letter stamps. And once your words are in, they aren't going anywhere. No risk of the plate breaking apart and pieces falling everywhere. Titanium stamp seeds will survive nearly triple the heat produced by a house fire. They're also crush proof, waterproof, non corrosive and time proof. All things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul. Stamp your seed on stamp seed. All right, guys, for the numbers segment, we're going to do a little bit of a curveball in honor of our guests. We're going to use a different numbers dashboard. We're going to use the time chain calendar. So the block height is 802 ,530. The last block was found 10 minutes ago. The current Bitcoin hash rate is 300. You need to refresh the time chain calendar. Apparently I do. I just I just pulled it up. What are you talking about? Yes. Here comes the new version. There it is. Dropping the new version. Look at that. Holy cow. I like I want to put this on a watch or something. All right. One Apple Watch app. Anyways, block height. Eight hundred two thousand five hundred and thirty. Last block was fine. Found, find, found nine minutes ago. The where's the hash rates over the last seven days is three hundred and seventy two extra hashes. That also continues to go up. The current supply of Bitcoin is nineteen point four or five million. The current block subsidy, which is going to be cut in half roughly April of next year, is currently at six point two five. And yeah, I mean, well, TC, why don't you honor us with some some other stats on here that you find interesting? Yeah, I mean, looking at the chain right now, I am looking at a lot the the new metric that's on this this app, which is the ring of the last twenty four hours of blocks. And you see that little metric right above the block height. We're at one thirty one blocks in the last twenty four hours. And this oscillates a lot. It goes up, it goes down. I really am sort of staring at that thing constantly. We did just have a difficulty adjustment yesterday and we had another small in increase in difficulty. It's just kind of astounding, despite the fact that the difficulty keeps cranking up. Somebody keeps pouring on more hashrate and the miners are producing blocks keeping pace and exceeding the difficulty. So I just watch for for basically what that looks like throughout the course of the difficulty period, which is that red ring, that indicator takes roughly two weeks to get all the way around 2016 blocks. So that's kind of what I'm staring at constantly is are the blocks getting produced fast? Are they slow? And, you know, that's that's also leads you to to look at the fees just below the block height there. And recently we've had a little bump back up. We got down to single digits and we were in single digits for a while. But, you know, there is a lot of demand for block space. So you better you better bid accordingly if you need an urgent transaction through. That's what I got to say. Amen. Amen. All right, guys, before we get to what we're going to talk about today, I want to give a shout out to our sponsor. Guys, don't put yourself in that position where you have to explain to your grandchildren that you lost your generational wealth because you put your backup while your Bitcoin wallet backup seed words on paper, put them on titanium, scan the QR code on your screen right now. It will take you to the titanium seed phrase storage kit. You could use promo code simply to get 15 percent off anything on their store. Anyways, everybody, let's talk about what we're going to talk about today. But first, I want to kind of bring this attention. Right. So shout out to our friends over at Bitcoin Mag. They posted a clip from the infamous or infamous, no famous. I would say it's definitely not. It's not it's not infamous. People love the Joe Rogan podcast.
Monitor Show 07:00 08-03-2023 07:00
"At six fifty nine on wall street now stay with us bloomberg surveillance with tom keen and jonathan farrow and lisa bromowitz starts right now have a bank of england decision broadcasting twenty four hours a day and the bloomberg business act is bloomberg radio when rates are rising and cyclicality is still out performing i think it's a message that the markets comfortable people really going to be willing to accept a four percent ten -year -old it seems so high to us because it's been so low this terrible fiscal trends are going to remain in place no central bank is stopping governments from issuing debt the options market in general is absolutely terrible at pricing political and geopolitical events this is bloomberg surveillance with tom keen jonathan farrow and lisa bromowitz here comes another rate hike live from new york city this morning good morning good morning for our audience worldwide this is bloomberg surveillance on tv and radio alongside lisa bromowitz i'm jonathan farrow some interesting moves in a bond market developing over the last twenty four hours a downgrade from fitch the united states losing its triple -a credit rating on top of that we've seen some better data in america ton of treasury supply coming to the market as well and some tweaks to yield curve control from the b .o .j. some confusing actions from them as well over the last couple of days this is from the b .o .e.
"twenty four hour" Discussed on Bloomberg Radio New York
"Breaking use twenty four hours a day at bloomberg dot com on bloomberg television this the bloomberg business plan and i'm john tucker in the bloomberg news from this bloomberg business flash investors sentiment being weighed down today by some lackluster quarterly earnings from netlid netflix and tesla among others that's pushing the debt down the nasdaq one hundred the uh... dow right now that is higher leading the way there you have shares of johnson and and johnson they raise their twenty twenty three earnings outlook and fresh signs of labor market you can see we saw an unexpected drop in weekly initial jobless claims that is pushing the front and of of the curve right now it's up uh... nine basis points four eighty five is the yield on the two -year right right now well next week that policy makers meets at bimo capital markets in lincoln expecting and another rate hike from the fed and maybe that's it so we're expecting a comparatively dovish hike next week we get twenty five basis points that's all it's completely priced at this stage but the fed yes wants to retain a degree of flexibility but also needs to communicate to the market that five fifty may very well be the terminal rate for this cycle and right now the s and p five hundred ten points lower that is down two tenths of a percent word x the nasdaq one hundred one hundred seventy eight points lower that is down one point one percent and the down jones industrial average two hundred seventy nine points higher that is up eight tenths of a percent at thirty five thousand three hundred and forty one we check the markets for you all day long
A highlight from PublicSq Goes Public with Michael Seifert and Rep. Troy Nehls
"The U .S. dollar has lost 85 % of its value since the 70s, when the dollar decoupled from gold, and the government seems bent on continuing the tradition. Charlie Kirk here. From now until after the elections, the government can print as much money as they want. The last time they did that, inflation went up 9%. Gold is the only asset that has proven to withstand inflation. Invest in gold with Noble Gold Investments. You will get a 24 -carat, one -fourth of an ounce gold standard coin for free. Just use promo code kirk. Go to noblegoldinvestments .com. That's noblegoldinvestments .com, the only gold company I trust. Hey, everybody. Today on The Charlie Kirk Show, Michael Seifert from Public Square joins us, publicsq .com. That is publicsq .com. We talk about some recent news from his company, really important stuff. Then Troy Nels, congressman, joins us about the Christopher Ray hearings and more. Subscribe to our podcast, as always, Charlie Kirk Show Podcast. Email us, as always, freedom at charliekirk .com. And get involved with Turning Point USA at tpusa .com. And that is tpusa .com. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust, Andrew and Todd at Sierra Pacific Mortgage at andrewandtodd .com. Joining us now is Michael Seifert, who has some big announcements. Yesterday, we talked about every life. Public Square, I am their biggest fan, number one promoter, enthusiastic believer, and user of Public Square, publicsq .com. All of you go to everylife .com and his promo code charlie10 for a diaper alternative that actually cares about babies. Michael Seifert is with us. Michael, tell us in your own perspective, the launch of the diaper company, how things are going. It's a real beautiful product. Well, Charlie, I'm really grateful. Our prediction turned out to be true. We had hoped that the moms and the dads of this great nation would be as excited as we were for a diaper company that was actually pro -life, pro -family, and unashamed about admitting those two realities. Because unfortunately, if you look at the nine major diaper brands in the United States today, they're all vocally proficient. I mean, it's shocking. Coterie is a luxury diaper. It's about the nicest diaper money can buy until we released ours yesterday. Coterie, last year, after the overturning of Roe v. Wade, came out and said publicly that their employees, quote, unquote, feel without lost abortion rights. So we have witnessed that even the baby brands in this United States have gone so off the deep end with this wokeism and ESG nonsense that they're promoting abortion when their clients are babies. We're going to do the opposite thing. We just yesterday launched everylife .com. We are a premium high quality diaper and wipes company that celebrates the miracle of every single innocent life, no matter where you come from, no matter what you look like, socioeconomic status, race, background, every life is a miracle. And we celebrate that with our high quality diapers. This is a part of this broader movement, Charlie, to create patriotic parallel options to some of the major incumbent brands. And we're going to do this a whole lot more. So we encourage consumers to join us and buckle up because it's going to be a wild ride. You're doing a really great job, Michael. But there's some, let's just say, dark forces that aren't aren't really thrilled that Public Square is ascendant, that you guys are growing. Can you speak to that a little bit, that there's some just people that aren't a big fan, that all of a sudden there's a navigational tool of the patriot economy? I'm seeing some things. I'm hearing some whispers. What's going on here, Michael? You know, Charlie, it's interesting. We yesterday announced very boldly that a core piece of our business is protect every innocent life. And I don't think it's a coincidence that in the last twenty four hours since we've announced that we've underwent quite a bit of spiritual warfare and quite a bit of opposition and antagonistic attacks from people that really want to thwart our course and our direction. We are taking the company public right now at Public Square. CLBR is the ticker of the SPAC that we're partnering with. And we are closing next week, ringing the bell at the New York Stock Exchange on Thursday, July 20th, which is very exciting. And we are excited, but we are experiencing quite a bit of pressure from a few institutional players that would like to see a decrease in our success. And we're seeing a lot of pushback from certain media outlets that may not like the future that we're trying to create in this parallel economy. And so our encouragement to consumers, to investors, to friends of the company, to people simply that are fans of the Patriot parallel economy. Join us. Join us at public askew dot com. We would love it if consumers would rally around this patriotic economy that we're trying to build here. And at the end of the day, Charlie, we know we're going to be victorious. We know at the end of the day that we have a special call with this company to provide a solution that millions of Americans have hungered for. And we know because we see it working every single day. We had a million consumer members on our platform faster than Twitter, Airbnb or Spotify. And we did it purely because of your listeners, because of shows like this, because of voices like yours that are rallying around this solution we're trying to bring to the market. So our encouragement is y 'all build this with us. We need your help. And you can do that at public askew dot com.
"twenty four hour" Discussed on WTOP
"On Washington's top news. Twenty four hours a day. WTOP News. Everything you need, every time you listen. This WTOP is News. It's two twenty two. A man is dead and two other are found in the hospital after being shot in Prince George's County. Police say it happened around eight forty five Wednesday evening outside an apartment building on Martin Luther King Jr. Highway in Seat Pleasant. When officers arrived they found a man who was shot in the upper body. He was taken to a local hospital where he later died. Two other men also wounded found in the same shooting walked into a hospital for treatment. They both have non life -threatening injuries. Police have not yet identified a suspect. A Fairfax County middle school had to revise a flyer promoting its college partnership program after Virginia's Attorney General found the flyer, the initial one anyway, violated state law. On March 1st Cooper Middle School sent a flyer to families asking if a student fell into one or more categories, black, African -American or Hispanic. The Office of AG Jason Miyares said the solicitation for the taxpayer funded program violated Virginia's Human Rights Act. The school sent an updated email on March 31st saying all students are eligible and encouraged to apply. The program aims to support students who are from populations that are traditionally underrepresented in college. It's 2 -23 Georgia Avenue in Wheaton may be in Montgomery County but but that is actually a state maintained highway. It's Route 97. Maryland's governor walked it with local leaders on Wednesday to hear their concerns about what is a very dangerous stretch of road for pedestrians. Governor Wes Moore walked with council member Natalie Fonney Gonzalez who invited him here to an area that has seen five pedestrians killed since 2015. She wants the state's help in re -envisioning the roadway and turning it into what she calls a boulevard. That means making sure that you have a protected bike lane, making sure that you have BRT which is bus transit, making sure that you have enough bus filters. Moore heard the concerns and says the state is looking at all the recommendations. He also says the fact
Amazon Kindle Paperwhite: Everything You Need to Know
"Itself seemed to leak updated kindle paper white devices with larger six point eight inch displays in two variants eight gigabytes for one hundred and forty nine dollars canadian and thirty two gigabytes for two hundred and nine dollars ninety nine cents canadian both with seventeen. Led's quoting good e reader. Amazon is going to be releasing a new kindle paper white in the next few days the reader will have a six point eight inch screen and we'll come. In two variants the kindle paper white five will have eight gigabytes of storage and the kindle paper white signature edition we'll have thirty two gigabytes of storage the product listings are not live but you can learn a little bit about the new devices on the product description page of the kindle basic and can oasis currently. You can view those on the canadian site. They have product pages but they linked to a four page right now. The new kindle paper white five and paperwork five signature edition will both employ a six point eight inch screen with three hundred p. p. i. And the screen will be flush with the basil they will have seventeen white and amber led lights. So you'll be able to use the typical display and it also has the same color temperature system the kennel oasis three employees. This lighting system is a huge upgrade. The paperweight for only has five. Led lights these signature edition will also have auto adjusting light sensors so they will automatically change the brightness of the screen based on the environmental lighting. It will also have wireless charging capabilities and amazon. We'll be selling a new kit. You will be able to connect to wi fi to purchase audio books and e books on the amazon bookstore. The product listing page does not mention a cellular version for an extra fee the kindle paper white five will retail for one hundred forty nine dollars canadian and the eight gigabyte model for two hundred nine dollars. Ninety nine cents. Canadian for the kindle signature edition the prices will likely be lower in the united states when the listing goes live in a couple of days. You can bookmark the product description pages right now and they will likely be going live sometime in the next twenty four hours and quote.
Who Killed Lois Duncan's Daughter: The Murder of Kaitlyn Arquette
"Lowest. Dunkin would receive a phone call. That would change her life forever. Caitlyn had been shot twice in the head while driving near downtown albuquerque and was in the hospital in critical condition less than twenty four hours later. Caitlin was dead and lois duncan found herself. Living the kind of nightmare. She had devoted her life to writing about. Lois would spend the next three decades trying unsuccessfully to unravel the mystery of her daughter's murder. Here's what we know about the crime around eleven pm on july sixteenth. A plainclothes detective drove by a car. That had hit a pole off the side of the road. On the corner of lomas east broadway near downtown albuquerque. There was a vw bug. Stop next to it. He saw no one at the site of the crash so he kept driving. I'm sorry what. How is it crashed car and another one right next to it at eleven o'clock at night not cause to stop an investigate. Common sense finally kicked in and the officer radioed end to see if the crash had been reported yet it hadn't so he decided to turn around and see. If i don't know a citizen might need help. By the time he got back to the scene of the crash the vw was gone. Oops am i right instead of the vw. Now some random guy was standing near the crash car when the detective asked what he was doing there. He said he just happened to be passing by turns out the reason. The officer didn't see anyone in the crashed car when he drove by without bothering to stop was because the driver had been shot twice in the head and was slumped over the wheel and she was still alive. This was kaitlyn arquette. Lois duncan's eighteen year old daughter.
A Stroll Through Racing History: September 11th
"On september tenth. Two thousand one keeneland association in lexington kentucky opened its annual september. Yearling sale a colt by leading sire storm cat. Top the opening session at five point. Five million dollars the final crop of legendary sire. Mr prospector was attracting considerable interest. As well it was business as usual but the following morning as handlers presented yearlings to prospective buyers in the bar area and as consigners were busy rushing updates to the sales pavilion images of coordinated terrorist attacks on the united states began. Filling newscasts being streamlined. On television monitors located throughout keeneland sales complex there were horrific images from new york from washington dc and from pennsylvania the nation was thrown into chaos on the keeneland sales grounds individuals who only moments earlier had been preoccupied with selling and buying horses suddenly stopped. They stared in disbelief struggling to comprehend what was unfolding on the east coast. Keeneland officials immediately announced that the start of the sale will be delayed by one hour but then as the depth of the attacks became more fully known. The decision to the way became a decision to postpone with keeneland. The mount saint that the sale would not continue until the following day at the earliest given that it was tuesday. Only eleven tracks across the country rescheduled the host. Live racing the downs at albuquerque delaware. Park fairmount park fair. Plex finger lakes great lakes downs. The meadowlands mountaineer racetrack philadelphia park prairie meadows and sunray park all eleven canceled. Most racing facilities would remain closed the following day as well at keeneland the president. Nick nicholson announced the formation of a red cross relief fund. It raised one hundred thirty thousand dollars within the first twenty. Four hours in the midst of the shock. Anger and sadness. There was also a stronger sense of community beginning to emerge
Texas Governor Defends Abortion Law With No Rape Exceptions
"Today. Texas governor greg. Abbott signed a new law that will eliminate some forms of voting in texas like drive thru voting and twenty four hour voting practices. That have made it easier to vote during the cove nineteen pandemic which is still going on in texas and the rest of the country. This comes after governor. Abbott signed the legislation that made it effectively impossible to receive abortion services in texas because anyone involved in providing any abortion services to anyone at any time can now be sued by anyone. There is no exception on that law allowing abortions in the cases of rape or incest or both after the governor signed the bill restricting voting in texas. Today he said the next thing he's going to eliminate in texas is rape forced them to carry pregnancy It doesn't require that at all because obviously it provides at least six weeks for a person to be able to Get an abortion. Rape is a crime and texas will work tirelessly to make sure that we eliminate all rapists from the streets texas by aggressively going out and arresting and prosecuting them and getting them off the streets so goal number one in the state of texas is to eliminate rape so that no woman no person will be a victim of rape
Interview With Zach Coelius of Coelius Capital
"Zach. Welcome to the show. Thanks for having me longtime listener for caller huge fan of the work. You do good man while look. I've known you for a long time. Virtually and in your honor. I poured myself a glass of mud. Water which we can talk about later but we had the founder on the podcasts. I'm trying to remember about a year ago. Attitudes shown links is available. Shane's awesome fun story listeners. It's basically a mushroom coffee. Turn it yvonne. And i have sort of an issue. Which is i love coffee but like to my detriment. So i've been trying to go kinda half mud. Half coffey as a segue to not drinking a pod today in the morning. And it's working so far it's a nice blend so that's awesome. We'll come back to later. We're gonna talk about all things. Angel investing entrepreneurship wing foiling all sorts of odds and ends. You got a pretty say if there is a traditional path for angel or vc. You kind of have it right. It's the founder who starts out doing some companies and eventually start investing. Was that sort of the right path through yet. The only differences the traditional half is your founder start companies. You make of money and then you take that money and he wants to do with it and you start. Throwing things doesn't angel and my experience was founder starts in companies have facebook ripped my guts out and leave me dead in bleeding on the side of the streets and sort of like as i was crawling around trying to figure out what to do with my life. And like what your next i mean. I literally got gut. It is crazy Tell the story was crazy stories. I stumbled into back in two thousand fifteen the very beginning of angel angels syndicates and one of the companies that i had been advising for a long time a company branch metrics mobile deep linking platform and Ben arison who introduced mea through the seed and men when it happened. You guys mind if. I put a two hundred allocation angel. Listen see what happens. And they were like sure. Go for it inside like wrote the memo by awesome. It is literally january fifteen when endless syndicates. Were nothing put it out by email all my best friends unlike. Please look this in twenty four hours later. The allocation was full when i was like. I'm an investor. Now
What Strategies Can Help Boost or Potentiate Fasting Results?
"If you've been doing intermittent fasting for awhile. I think at the bare bones. Basics you wanna make sure that you've got asleep. The stress management that nutrition piece style then and then on top of that. I always encourage women to switch up their fasting regimen. So if you've been doing a sixteenth eight sixteen hours facet with an eight hour feeding window for years and years and years. Guess what your body gets acclimated. That's why it's important for us to not eat the same foods everyday to not exercise the same way every day. That's why it's critically important to change your fasting patterns Day to day week to week monkey month and so the first thing that you can do is integrate doing twenty four massive already in gotten through adaptation. You know your your body is fueled on fats as a fuel source As opposed to carbohydrates. You feel good I would incorporate at one twenty four hour fast a week and it's not nearly as hard as people anticipate it will be or if you've been doing six zero fast go to twenty hours faster doing an eighteen hour faust go to a twenty two hour vast That's number one. See one of vary fasting windows and feeding windows number two. I always think about the fact that there are ways to integrate herbs and supplements into your diet that can help boost the benefits of a tafkaji. Which is one of those key benefits where were scavenged disease disordered cells and I i think it can be hugely beneficial to consider supplements like bergreen and it doesn't have to be on a daily basis. Maybe you cut a big dinner. You've you've overindulged Burbank can help with insulin sensitivity. We know that it can when taken on during fasting episode again help boost some key nutrients in our body that require some support whilst ousting in other surgeons and mt k. and things like that I also think about just the ability to consume polyphenol rich of foods so green tea. Black tea coffee. We know they boost fat. Oxidation and oxidation means boosting using fat as a fuel source as well as the polyphenyls are really helpful helpful. Megan also potentially the benefits of being a tafkaji. When you're
More Than a Dozen Deaths After Ida Remnants Slam Northeast
"What's left of hurricane night has been battering the northeast New York City mayor bill de Blasio called it a historic weather event with record breaking rain brutal flooding and dangerous road conditions subway stations flooded in video showed vehicles up to their windows and water garbage sailing down the streets many of those who died were trapped in flooded basements in New York City power got knocked out for hundreds of thousands of people in New York New Jersey and Pennsylvania New Jersey governor Phil Murphy you know an extraordinary sadly tragic historic twenty four hours in New Jersey there's no other way to put it and the storm didn't stop there residents of southern New England woke up to flooded roads commuter delays in a flash flood warning in Plainville Connecticut first responders used boats to rescue eighteen people from a flooded neighborhood I made a fall away
"twenty four hour" Discussed on Our Body Politic
"To ninety four percent of childcare providers are women and half our mothers themselves forty percent are also people of color. My next guest filmmaker lloyd limbaugh set out profiled a mothers and childcare providers adi's tots childcare a twenty four hour daycare center in new rochelle new york. Her documentary from firelight media is called through the night. Lloyd limbaugh welcome to our body politic. Thank you for having me so before we dive into your documentary. I was thinking about You know after my parents divorced..
"twenty four hour" Discussed on Trending Diary
"From my childhood. I only wanted to be musician. Best so i didn't go to school until my standard so i actually will leave and school. Thrown ford started belt standard. And then also. I was not going regularly own and then after julie's started counting vision to correspondence dame to from college so i get him. Hobby may mean that has made bashing that goes People told her that talent passionate about cricket to was a near my home briefly the dollar passion. I didn't have any data and so there's no point in cricket where your talent doesn't match passion could get a entertainment accession so some days. I used to have to get much in the morning and the evening. So i don the but never anything other than music. Who's goes my life. It's still continues to be like a twenty four hour channel that indicted on the time from your words but as you'll guess today would create a date and that incision these gotten creativity as mentioned deputy. Don't speak so much so what what was about. And what does this sort of the creativity for you many times. The sorts is difficult to pinpoint. It could be something that you see some that have composed when i was traveling in an could have some to get much something composed driving green. Who's been sleeping in my dream league. Some half dream or half sleep. I'll wake up and back in those days. I used to sit in dig. Abandoned paper eighty. Don't then go back to sleep today. So i got an n sleep. Creativity is really funny. Someday you'll want to compose something your friend or somebody who wants to work with you on a project that is at the dvd. That is inspired by somebody else. Somebody wanted to compose something that he has composed guidry mantras something. So he actually. I don't even not composted. But the day i got inspired to compose song on that so it's not like i'm like the joystick. Not actually ritualistic wasn't when i was able to inspire compostable that.
"twenty four hour" Discussed on Conscious Millionaire Show ~ Business Coaching and Mentoring 6 Days a Week
"Of leadership podcast. And now it's time for the twenty four hour. Challenge dr karen. Will you give that to everyone. Who's listening today. yes. I'd love to give the twenty four hour challenge. Part of being positive is every day being thankful and recognizing that in your business you are successful because of the people around you and the people in your business who are doing the work that they do. So here's your twenty four hour challenge. I want you to identify three people that you're going to thank and i want you to sit down and think about it and write down. What do you want to thank them for specifically. Don't go and just say thank you for being a great team member. This something specific this person has done a contribution that they are making when you go to them. Thanked them in that specific. Waste twenty four hours. And i want to be really specific about this since you were. Should they thank them in a particular way. Should it be voicemail. Should it be a phone. Should it be An email doesn't matter how they do it. All that depends on the context in which they are working so for example. If you're working face to face right now go talk to the person face to face and thank them face to face. If you're working virtually you could also call zoom meeting and thank them there and you know what. It's fine to leave a voicemail. It's fine to do something like that. I would say make it as close and personal touches you kin in other words voices better than email zoom better than even the voice and in person is the best. If you're in peterson i love that. I think it's a great twenty challenge. And i want you to know this. Is that special time of the show. Where i get to give you some loving. I want to reach out and give you a virtual hug. And tell you i love you. I'm so proud that you are on the planet right now making your difference in the world. We're here to help you make that difference in.
"twenty four hour" Discussed on Conscious Millionaire Show ~ Business Coaching and Mentoring 6 Days a Week
"You're happy all your problems are solved. The state of being. And i can call you back and say sorry wrong number. That wasn't you didn't win the money and suddenly you're depressed in your sad. What changed nothing. Just your perception. And the perception unlocked the joy and the peace and the power or blocked it and so if we can just i get the dots actually true that this isn't an airy fairy spiritual gobbledygook that all we wanna do is feel good. It's actually a fact and then if you can get that it will. You won't be able to quite to the same extent blindly pursue objectives believing. That's gonna give you the thing you really want. you'll recognize. Oh what i really want is the joy or the peace. Or the sense of confidence or well-being fulfillment and so. That's that's the key you know. Is that the state of being is where you start but because we are in my experience infinite beings. We're not static. We're not neutral and that like every seat in in life. There's an idea that's trying to blossom. That's trying to emerge that we have to keep unfolding keep unfolding keep unfolding producing new fruits new fruits harvest after harvest or we will stagnate and and we will not feel the joy and the aliveness anymore so even though the outer stuff doesn't give us those feelings if we don't keep letting what's in us come out we will block and stagnate the joy and the peace and the aliveness any circuit. That is no longer circulating become stagnation and whether stagnation it eventually leads to death. So so we have to keep circulating joy and our good and our creativity ideas but we start from the place of peace and fulfillment in having you cannot get liberated you start from the the the recognition that liberation is what i actually am and what is most important and then you naturally start to create abundance in. Your life sounds contradictory. But it's not no. I understand that we hear with garrick right now and author of the abundance project. We have very special announcement about a program. That derek's can be doing a wakened wealth. We'll be telling you about that in just a moment. Stay tuned. we'll be right back with the twenty four hour challenge and the millionaire entrepreneur questions. Are you an entrepreneur coach..
"twenty four hour" Discussed on Parenting Roundabout
"Twenty. Second i'm terry moore and i'm here with catherine khalek. Oh hello and nicole. Eric's there as moms of teens and young adults. We've survived those little kid days yet. We're still rethinking the decisions we've made all through our kids lives and worrying about what's going on right now. Today's thursday which means it's time to give into are obsessing and today were obsessing about the idea of a digital detox. Catherine what is this all about so this company is offering. You can apply to be a part of this and they will give you two thousand four hundred dollars to do a twenty. Four hour talks so no smartphones. Computers t. b.'s. Video game systems smartwatches other. Smart devices. you have to swear off those for twenty four hours just johnny for hours. Yeah and another funny thing that another part of it is that they send you like a a kit of stuff to do and use during your twenty four hours and you have to review it But it's like a typewriter and pencils and paper in paintbrushes. So you can paint. Like i think if anybody does this digital detox all it does is just shift whatever they were going to do in those twenty four hours to the next four hours on our out a typewriter and write a letter. You're just sleep for twenty four hour. I know.
"twenty four hour" Discussed on Problematic Premium Feed
"Also Yeah so we'll if you wanna go if you have someone to the more are just gonna say Where do we think. I didn't really have any more stuff. On the tech savvy just wondering where does everybody think We're headed next. What do we. What do we think it's leading where what direction needing beheading. You've i think you've read the book already. So i've read the book but Honestly i don't remember much about it. I just remember lighting it. Are you asking rid of books. Headed a worse society is headed where the books and what he's building up. You know because this is still the wind up face. can i just make one parallel Like when it came to like the lindbergh. Baby thing like the the press. They were You know talking to the police. Who were you know bumbling the case and they were trying to put out you know As much media as they could on the On the events as they happened. It's kind of a. It's a parallel to like the twenty four hour news cycle of today. You know the instantaneous news. Yeah for sure. I totally totally agree. I was gonna answer winfield's question about where texts goes because i'm looking at the title. The table contents. Coming back to me. But i also wanted to give people a chance to respond to yaqoob point if they want so Zimmerman to your point about twenty four hour news cycles. it's definitely related. And i think like this is exactly the same thing but it seems like a lot. But he's talking about on a lot of what we've seen. How is is how a lot and knollenberg business sorta an example. But like you go use anything that has come up in the past couple of weeks or months. it's like a subject it's really big and popular and people get interested in it. Not because they necessarily care about the event or the other lying issue because other people are talking about it they feel. They want to be part of the conversation. I think that's part of like.
"twenty four hour" Discussed on Conscious Millionaire Show ~ Business Coaching and Mentoring 6 Days a Week
"Turn failure into success to create impact and wealth. Well i know many of you write to me and this is one of your favorite parts of the show gyms gonna do it. He's going to give you the conscious millionaire. Twenty four hour challenge jim. What's the challenge you have for. Everyone listening today. You're gonna love this. I always ask my guests. What's the one thing that you credit with your success over the years whether you're a lesbian Astronaut co new york times bestselling author navy. Seal you name it. What's the one thing and everybody thinks it's going to be for the olympian..
"And now it's time for the twenty four hour challenge james. Could you give it to everyone listening today. Right i coined the phrase and i teach. It's technique i call speakers and as that has to do with money or business. The technique is to always strive to speak as if those financial or business outcomes. You would like to see come about either are now or will be reality and an automatic Saying that goes along with that is to not speak. Anything is opposite of that so speak as if those things are trying to create in business and financially either are now or will be reality and if you will do that for the next twenty four hours religiously it will get you on a very good ahead start to adopting that as an ongoing habit because most people speak themselves into lack and defeat and failure and we can just as easily speak ourselves into abundance and success if we understand how powerful are words are and doing this for twenty four hours can give us a good head. Start on that. I would love to hear from you personally. If you do that. Exercise for twenty four hours. I want you to contact me. I'm gonna give you my cell phone. Don't call text me. tell me your name. Tell me that you did this. Speak as if exercise and your url. And i will personally contact you. Because i'd like to hear about your experience. I want to take this moment to also thank you for showing up for showing up for yourself to take the next step forward to turn your purpose..
"twenty four hour" Discussed on Exponential Podcast
"How confident are we could actually do. Whatever these ideas are and then. Es for effort. How much effort is this. Going gonna take and we also sort of add this idea of excellence. Can we do this with excellence. And the reason. I bring that through his reason i bring that up is i feel like can confidence in a in a crisis. It's imported to quickly narrow in on. These are the two or three ways. We're going to respond and that's what we've been doing for nine months. We sort of narrowed our ministry down to three things near the weekend either online or live. As time's gone on we work with the you know. that's elaine. We were already in a crisis. Does not create a new organization it actually reveals the organization really is a crisis. Doesn't sorta of recreate leaders. Necessarily i think the pressure actually reveals who you already are and the culture. You already abso. There are lessons to learn as we look back. Some of us are going to look back and say wow covert reveal we were toxic and sick and we just didn't know and i don't think cova clause that cox necessarily that sickness. I think we gotta realize it was probably they're already if that's what emerges anyway. So in the third thing we did was twenty. Four hour you know. Having a twenty four hour way to tax contract and to serve the needs for city so we narrowed in on three things and we brought focus. And that's what i think's most important in a pandemic if you don't know the three things you need to do as an organization or the three things in your role that are most important to your supervisor You know like they are kind of blind blind and they've changed in a crisis so it's up to you to not wait for those go. Seek that information out go ask. What do you need me to be working on right now..
"twenty four hour" Discussed on Conscious Millionaire Mindset ~ Want High Performer Secrets of Millionaires?
"To evolve to become the man that i'm on this planet to become an to touch other people's lives and hopefully your life to help you transform to help you awaken to help you either. Volve into the human being that you can be. So here's the twenty four hour challenge. I want you to think about your life. What is something that has already happened to you or someone you know. Who's close to you. That was life changing that you feel a deep heartfelt soulful down to the very essence of every cell in your body gratitude it's abundant it's like the spring that keeps flowing out and then declare it. Put it on social media. Call people write an email about it. Share it with others because you know what when we share our abundant gratitude with one another. It's a way of uplifting others as well because it reminds them that they too or lee grateful because when we come from a place of abundant gratitude we invite more possibilities into our life. We invite more abundance abundance of health of relationships of prosperity an abundance of being able to live at our highest level an abundance of making a positive impact a positive difference in other people's lives declare it declare it to the world to clear it to the people. You care about the clerk to strangers. Because when you do that you'll wake them up to a new level for themselves as well. This is j. b. crumbling third and our look forward to connecting with you on the next conscious millionaire. This is a special call out to every business owner and coach listening today..
"twenty four hour" Discussed on The Stream of David: Channeled Spiritual Guidance and Law of Attraction Advice
"That is why you think it's so adorable because there is value there in the natural state of loving what you love very much. is your ego. Centric programming in a in a lot of it is rooted in universal law and other elements of it. Are you are rooted in your current society human judgment. It's interesting topic of love is always wants him in using to humans i think love and appreciation are often confused in an. That's okay because this this this idea pure positive this idea of unconditional You label all of that with the love. Label and in that label is very powerful very powerful. That word is so powerful that it scares the hell out of many of you and you all seek it but then you seek it in you you you receive it and you hear it and it sends you retreating. Sometimes that's how powerful that word is because at your core you're all that which we are which you would describe as pure love yet. You were focused in polarized environment expressing yourself through vibrational flow in a way that inevitably is going to separate you from that love so that you can have your unique contrast human experience so that you can make your mistakes and manifest illnesses in your your your your your the end of your businesses in the end of your employment in the end of your relationship so that you can feel that pain and then have the opportunity to create a solution in the moving through the experiencing of the coming to terms with all of these words that you have to describe your evolutionary process and where we are guiding. You is to understand that you're still going to go into lower vibration. You're still going to separate yourselves from our energy. We are not here delivering a recipe for being at one with us at all times. We're here telling you that there is value in your separation from us on occasion and in that separation from us creating new things because you're motivated to do so because you want to be reunited with us and the ride back to connection to. Our energy is so very satisfying to all of you. So we're guiding you not to to to judge that lower vibrational period the way that you are very often taught to judge it in your society as darkness is evil. David was speaking to one recently about shadow work and we do not typically use that term in his vocabulary because there is judgment attached to that. This is your shadow that you you need to release somehow and instead of describing it as a shadow or darkness which is not inherently judgmental but many human beings will see it as something. That must be a radicati. did that you must shed light on the darkness. The darkness will always be there on some level in the darkness holds value in your expansion. So you do not need to hold yourselves in the darkness on necessarily but appreciate the flow through it and understand that that that in your twenty four hour day cycle you have night you have day you have not you have day and they also repurpose notice that everything in your environment you can connect the dots and see that it has all of them all of.
"twenty four hour" Discussed on The Impossible Mission Omni-Feed!
"So by the your absolute beginning of all the twenty four hour party person gets swept away. I'll stop doing this now. I promise by pop screen in the podcast from the geek. Show podcast network. It's about music. It's about movies. It's about the by hosted on audio and available on your podcast variety of choices. One the chosen youtube channel events can subscribe quitting..
"twenty four hour" Discussed on Clark Howard Show
"Owing to tell you something. I was driving down a freeway. And i saw a billboard then that was like right it was a billboard for carmax and it said that carmax was giving you a thirty day to return vehicle for a refund. After you buy it. I was like was some kind of market test. Or what is this. So i get on car max website and it's the real deal bay facing a lot of pressure from carbon have really had to step up their game and now they're doing touchless deliveries and all this kind of stuff. Stead a carmax is original business model. Which was where you went to these giant parking lots and you went around with the salesperson and you would run around in a short test drive and all that so now. They're really trying to respond to the marketplace and carmax now is doing twenty four hour test drives which gives them a real leg-up on their archrival. Karvina where you no obligation you can test drive a vehicle for a full twenty four hour period and that fits if you think about something. I've talked about for the last. Oh i don't know twenty five years there when there is a model maker model. You're interested in that you go rent that car for a weekend or suv or whatever to really experience it which you can learn so much more than you can from ten minute test. Strive well carmax pay. You can go test drive a vehicle for a full day and then if you do buy it then you've got that month to decide whether or not you like it or not and if you don't as long as you don't go over the miles they allow you to go and stuff like that you just take it back. And say hey. This was nice not for me. And you're done. And what i love about what's happening in the dynamic part of the us vehicle market is it's all about focusing on what the customer wants and eliminating pain points carbonneau. Which i mentioned is one of the fastest growing companies in the united states and they keep losing money apparently but they are all about market share and the us vehicle market very heavily oriented toward selling used vehicles to people under age. Forty who buy a vehicle right on their smartphone and finance it if they want right on their smartphone and then you can go to these gimmicky. <hes> vending machines if you live in a part of the are you've seen the vending machines. They locate them on high traffic. Carter's usually by interstates and you go in. And you put the special token in there and the vehicle comes down an elevator and you get in it and you drive away and so it's pretty crazy. You also have the right to return a carbon vehicle for seven days and what's happening in the us. Vehicle market is the market share of traditional dealers who play the rough and tumble games and second. You leave the what you're stuck with. A piece of garbage used vehicle would no right to return and all that they are steadily. Losing market share to <hes>. The car maxes and carbon and the imitators of the two of them that are popping up around the country. I was very disappointed. In one of the large traditional dealer. Groups is now opening their version of a supposedly customer-friendly us vehicle lot in more and more cities particularly around the south and the west. And they don't give the customer friendly things of clear pricing the right to return for a full refund for all all of that and so traditions die hard and industries but when you buy a used vehicle know that still even though these players that are customer friendly or the fast growing ones most used vehicles are still sold in the hostile anti consumer environment of their traditional used vehicle market. Be careful but i don't care where you buy your used vehicle. I want you to have it out by a mechanic of your choosing with a seller. Who allows you a right to return for a period of time for a full refund. When you're when you have that vehicle in your possession have it checked out during that time. If you're buying one from a traditional anti consumer dealer either a new car dealers used car that sandy consumer or a used car lot that sandy consumer you need as part of a condition of purchase to check out that van and have the vehicle checked out by mechanic prior to your commitment to buying a dealer will not agree to those conditions. They got something to hide. And that's not where you buy your vehicle.