Trader University

Get the "Ultimate Guide to Bitcoin" course:
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In this video, I discuss the relationship between US recessions and the stock market.

By the time that the NBER (National Bureau of Economic Research) has announced the beginning and end of a recession, the stock market has already priced in the news months before (and usually already bottomed). Like Wayne Gretzky, the stock market tries to skate to where the puck is going to be, not where it has already been.

The US has probably been in recession since late 2021 or early 2022. How quickly we exit this recession and experience a stock market and Bitcoin rebound really depends on the Fed.

The Fed will almost certainly reverse course and turn the money printers back on by September 2022 at the latest. In the meantime, expect extreme volatility and more risk asset sell-offs.

Not investment advice! Consult a financial advisor.

US economy shrank in Q1 2022:
https://www.cnn.com/2022/06/29/economy/gdp-first-quarter-final/index.html
https://www.bea.gov/#:~:text=Real%20gross%20domestic%20product%20(GDP,second%22%20estimate%20released%20in%20May.

Recessions:
https://en.wikipedia.org/wiki/Recession

NBER and business cycle dating:
https://www.nber.org/research/business-cycle-dating

2008 recession announcement:
https://money.cnn.com/2008/12/01/news/economy/recession/

2001 recession announcement:
https://money.cnn.com/2001/11/26/economy/recession/

2020 recession announcement:
https://www.nber.org/news/business-cycle-dating-committee-announcement-july-19-2021#:~:text=The%20committee%20has%20determined%20that,shortest%20US%20recession%20on%20record.

List of US recessions:
https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States

IS..

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In this video, I discuss whether the US is headed towards a hard landing, where the Fed pushes the US economy into a recession and causes a bear market, in its efforts to bring inflation under control.

The real problem is that recessions always lead to higher budget deficits, and thus lead to higher debt/GDP levels, as debt increases and the economy shrinks.

A hawkish stance cannot be held for very long in the face of a deflationary debt spiral like this. I expect something big to break this summer, and for the Fed to be forced to reverse course and turn the money printers back on before the end of September 2022.

A Powell pivot would lead to a very large stock market rally and Bitcoin rally.

Not investment advice! Consult a financial advisor.

US debt clock:
https://www.usdebtclock.org/

US budget deficits by year:
https://datalab.usaspending.gov/americas-finance-guide/deficit/trends/

Federal budget deficits as percentage of GDP:
https://fred.stlouisfed.org/series/FYFSGDA188S#bitcoin

US GDP:
https://fred.stlouisfed.org/series/GDP

Fed stops buying Treasuries:
https://www.bloomberg.com/news/articles/2022-04-06/fed-lays-out-plan-to-prune-balance-sheet-by-1-1-trillion-a-year

Russia won't be buying Treasuries:
https://www.ft.com/content/055231b1-e3bc-44fe-a7fb-6eaaa0933f72

Japan and China shrinking their Treasury holdings:
https://www.reuters.com/markets/us/chinas-holdings-us-treasuries-skid-12-year-low-japan-also-cuts-holdings-2022-06-15/
https://ticdata.treasury.gov/Publish/mfh.txt

US Treasury market liquidity problems:
https://www.bloomberg.com/news/articles/2022-05-16/fed-s-williams-says-higher-rates-driving-volatility-liquidity..

Get the "Ultimate Guide to Bitcoin" course:
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In this video, I discuss the intricacies of FDIC insurance and crypto insurance. Actual US dollars are usually covered up to $250,000 per owner by registered US crypto exchanges like Coinbase through FDIC insurance. This coverage does NOT extend to cryptocurrencies, including stablecoins like USDC.

This suggests that the safest way to buy Bitcoin is to first move US dollars into your crypto account, allow it to settle (4 days at Coinbase), purchase BTC with it, and then immediately withdraw that BTC into cold storage.

This takes advantage of the FDIC coverage, while you work a limit order.

When it comes to Bitcoin, "not your keys, not your coins."

If you leave Bitcoin on an exchange like Coinbase, it may be included among the company's general assets in the event of a bankruptcy and you may not recover the full amount.

Not investment advice! Consult a financial advisor.

BlockFi Now Going To Zero?
https://www.youtube.com/watch?v=3xy11ng9_YE&ab_channel=TraderUniversity

FDIC insurance:
https://www.fdic.gov/
https://www.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/

Coinbase insurance:
https://help.coinbase.com/en/coinbase/other-topics/legal-policies/how-is-coinbase-insured

USDC not covered by FDIC:
https://help.coinbase.com/en/coinbase/getting-started/crypto-education/usd-coin-rewards-faq

Coinbase FAQ:
https://www.coinbase.com/custody/faq

The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

I ..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

In this video, I discuss the details of the FTX bail-out offer to BlockFi, which apparently includes the requirement that all existing shareholders get wiped out.

Contrary to their public statements, BlockFi is in serious trouble to be even contemplating such an investment. CoinDesk reported this weekend that Mark Yusko and Anthony Pompliano are trying to raise emergency equity capital as an alternative.

Either way, this is another lesson in the dangers of lending out your Bitcoin and crypto. In a bear market, the concern shifts from "return on capital" to "return of capital."

Not investment advice! Consult a financial advisor.

Is BlockFi About To Implode?
https://www.youtube.com/watch?v=SFow3o6EkRw&ab_channel=TraderUniversity

BlockFi gets $250 million credit offer from FTX:
https://www.coindesk.com/business/2022/06/21/blockfi-receives-250m-credit-facility-from-ftx/

BlockFi and Voyager Bailouts (Is Your Money Safe Now?)
https://www.youtube.com/watch?v=AQEJ7giBw4w&ab_channel=TraderUniversity

Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout:
https://www.coindesk.com/business/2022/06/25/morgan-creek-is-trying-to-counter-ftxs-blockfi-bailout-leaked-call-shows/

Weaselly lawyer language:
https://twitter.com/BlockFiZac/status/1539216595729453056

BlockFi's paternalistic lecture:
https://twitter.com/BlockFi/status/1539658861287710720

The best time to raise mo..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

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https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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In this video, I discuss what makes the Bitcoin network so special, by comparing it to the US dollar network. Both are monetary networks with nodes that communicate with each other.

However, the US dollar network is highly politicized and permissioned. You need special permission to move money on this network, or to become a node on this network.

By contrast, the Bitcoin network is permission-less and open to anyone. You do not need permission, or a license, or a special degree to mine Bitcoin, validate transactions as a full node, or send or receive money on the network. The Bitcoin network is open to all tribes and races and people of all political persuasions. It is a truly neutral network and asset.

It is also the only open monetary network that is truly decentralized, secure, and not operated by insiders like venture capitalists or founders.

Bitcoin the network is completely open, and the monetary asset that moves on this network freely cannot be debased or confiscated.

There's only one Bitcoin. Accept no substitutes.

Not investment advice! Consult a financial advisor.

Image of network and nodes:
https://www.researchgate.net/publication/327030354/figure/fig1/AS:[email protected]/A-12-node-network-as-an-example-to-show-the-division-of-nodes-based-on-faction.png

Federal Reserve members:
https://www.bankrate.com/2020/11/12170407/The-Federal-Reserve_InLine-2.jpg

Insider trading scandal at the Fed:
https://www.politico.com/news/2022/01/10/federal-reserve-vice-chair-resigns-ethics-scandal-526849
https://news.yahoo.com/a-timeline-of-the-federal-reserves-trading-scandal-104415556.html

ECB head is corrupt as well:
https:/..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

In this video, I discuss Sam Bankman-Fried's bailouts of BlockFi and Voyager, and the companies' financials and response.

BlockFi continues to be (in my opinion) an untrustworthy firm, lacking in transparency and honesty. It is still unclear whether customer deposits are ahead of FTX's loan in the event of a liquidation.

Not your keys, not your Bitcoin. Chasing yield while risking losing 100% of your Bitcoin makes no sense if you think BTC will 10x or 100x from here.

You do not really own your own Bitcoin if you don't hold your own private keys.

Not investment advice! Consult a financial advisor.

LUNA/UST death spiral:
https://www.youtube.com/watch?v=JSYkzaTzQ0w&ab_channel=TraderUniversity
https://www.youtube.com/watch?v=BN1kx0sRCO0&ab_channel=TraderUniversity

Celsius implosion prediction:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity

Is BlockFi About To Implode?
https://www.youtube.com/watch?v=SFow3o6EkRw&ab_channel=TraderUniversity

BlockFi Receives $250M Credit Facility From FTX:
https://www.coindesk.com/business/2022/06/21/blockfi-receives-250m-credit-facility-from-ftx/

BlockFi in trouble:
https://twitter.com/DylanLeClair_/status/1537870733174616064/photo/1
https://www.coindesk.com/business/2022/06/13/cryptocom-to-cut-almost-260-jobs-amid-market-rout/

Sam wants to help stop crypto contagion:
https://decrypt.co/103319/sam..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

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https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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In this video, I discuss Jack Dorsey's Web5 project and contrast it with Web3.

Web5 is being built on the Bitcoin blockchain, and uses only BTC as its token, unlike Web3 which uses many different tokens, most of which are controlled by VC's and other insiders.

The Bitcoin blockchain is a much stronger foundation to build on, especially compared to Terra, Solana, and Ethereum. We are seeing the Bitcoin ecosystem being built layer by layer, just like the internet.

Web5 brings the promise of decentralized identifiers (DID) and decentralized data storage, which will offer a better internet user experience, as well as more flexibility and privacy for users.

While altcoiners are focused on issuing and trading new tokens, Bitcoiners are building the future.

Not investment advice! Consult a financial advisor.

Initial token allocations:
https://twitter.com/MessariCrypto/status/1394298624906047491/photo/1

Why Web 3.0 Is A Scam:
https://www.youtube.com/watch?v=Un1CegKO1xo&ab_channel=TraderUniversity

Bitcoin vs. Web3:
https://www.youtube.com/watch?v=xaMNN2ns7ak&ab_channel=TraderUniversity

Rip Web3 and VC's:
https://twitter.com/jack/status/1535314738078486533

TBD:
https://hypebeast.com/2021/7/square-new-business-tbd-bitcoin-news

Web5:
https://developer.tbd.website/projects/web5/
https://docs.google.com/presentation/d/1SaHGyY9TjPg4a0VNLCsfchoVG1yU3ffTDsPRcU99H1E/edit#slide=id.g11b904107df_0_1
https://bitcoinmagazine.com/business/jack-dorseys-tbd-presents-bitcoin-based-decentralized-web5

ION Network:
https://identity.foundation/ion/

One coin to rule them all:
https://i.ytimg.com/vi/o6Qfz9m6IyE/maxresdefault.jpg

Check out my online t..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

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https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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https://www.trader.university/email-list

In this video, I discuss why it is so difficult to create a new cryptocurrency that is better than Bitcoin, as well as going through some of the heuristics that I use when analyzing new cryptos.

Bitcoin had an immaculate conception that is very difficult to repeat, has a huge head start on other projects, and also makes very good choices when it comes to the trade-offs between block size, scaling, transactions per second (TPS), and decentralization.

Even if you do a fair launch with a new proof of work coin, it is highly likely that token holders will dump the new token for Bitcoin, as they did with Grin.

Monero is a fascinating project, but a worse store of value than Bitcoin. Monero/BTC atomic swaps ensure that no one need ever hodl Monero when they can instead just swap into it temporarily as needed.

Bitcoin is the next Bitcoin. Accept no substitutes.

Not investment advice! Consult a financial advisor.

Coins with large premines:
https://pbs.twimg.com/media/E1l8L2dXMAExklv.jpg:large

Grin market cap:
https://coinmarketcap.com/currencies/grin/

Monero market cap:
https://coinmarketcap.com/currencies/monero/

Ethereum Is Banker Coin (Shocking Revelations):
https://www.youtube.com/watch?v=YDmwyyhpqTE&ab_channel=TraderUniversity

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opini..

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https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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In this video, I discuss whether Bitcoin is a bad store of value, by comparing it to other traditional stores of value like gold, stocks, and real estate.

A store of value is a way of preserving your purchasing power (inflation hedge) over long periods of time.

A store of value is NOT:
1) a hedge against falling stock prices or a recession
2) a hedge against Fed tightening
3) a short-term inflation hedge
4) an asset whose fiat price does not move much

Stores of value can be volatile over the short term. Even gold (a 5,000-year widely accepted store of value) fell 34% in the Great Financial Crisis.

There is no asset in the world that preserves purchasing power over long periods of time and has low or zero volatility. US dollars are not very volatile over short periods of time, but do not preserve purchasing power over longer periods of time.

Gold itself has been a poor store of value over the past 10 years of Fed money printing. There is a good chance that it is currently being demonetized by Bitcoin, which does everything that gold can do, only better.

If we follow Bitcoin's 200-week simple moving average, we can see that it is behaving like an emerging store of value. Once it becomes a globally accepted store of value, it will be priced in the millions of US dollars.

Not investment advice! Consult a financial advisor.

Falling USD purchasing power:
https://miro.medium.com/max/1400/1*sOQTah1_k0V2ldtIWx-n2w.png

Fed balance sheet over time:
https://fred.stlouisfed.org/series/WALCL

Fed funds rates over time:
https://fred.stlouisfed.org/series/FEDFUNDS

Peter Schiff always wrong:
https://pbs.twimg.com/media/EutrLxGVkAApYB9.jpg

Check..

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Use the discount code YT99 to get the best price.

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https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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In this video, I discuss the distinction between Bitcoin's fiat price (which is volatile) and the steady pace of Bitcoin adoption (which has proceeded by leaps and bounds since Bitcoin first hit these fiat prices in 2017).

Bitcoin is much cheaper today, on a risk-adjusted basis, than it was in 2017 at these same prices, since the probability of failure or successful fork is so much lower now.

Bitcoin continues to be viewed as a risk asset, and as such is vulnerable in the short term to the global repricing of risk assets that is happening due to the Fed's tightening.

Nevertheless, no government or central bank can stop Bitcoin or suppress its price in the long term.

Bitcoin is not dead.
It's not broken.
It hasn't been hacked.
The Bitcoin network has not crashed or been paused.

Don't accept any substitutes! There's only Bitcoin. Everything else is an unregistered security.

Nothing has changed with Bitcoin except its fiat price.
It still cannot be stopped by the government.
I can still send it to anyone in the world that I want to, without needing anyone's permission.
Bitcoin cannot be debased or diluted (21 million max supply)

Not investment advice! Consult a financial advisor.

Solana blockchain suffers new outage:
https://www.theblock.co/linked/149698/solana-blockchain-suffers-new-network-outage

Ethereum blockchain rolls back history:
https://www.coindesk.com/tech/2016/07/20/ethereum-executes-blockchain-hard-fork-to-return-dao-funds/

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

ETH flippening lol:
https://cheddar.com/media/ethereum-vs-bitcoin-is-the-flippening-upon-us

Bitcoin Dominance And The Flippe..

Where to store your Bitcoin safely:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

Join the Trader University email list:
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In this video, I discuss Bitcoin breaking below $20,000, as well as examine Bitcoin fundamentals to see if they are still relevant to Bitcoin as a long-term investment.

As we enter the capitulation phase with Bitcoin selling off, nothing has changed. There is panic selling and forced liquidations, but Bitcoin is anti-fragile and robust and will survive. Many other cryptocurrencies will not.

Bitcoin is still the only viable non-governmental money. It's permission-less, censorship resistant, secure, decentralized, and cannot be debased.

Not investment advice! Consult a financial advisor.

Is BlockFi About To Implode?
https://www.youtube.com/watch?v=SFow3o6EkRw&ab_channel=TraderUniversity

Three Arrows Capital liquidating:
https://www.coindesk.com/business/2022/06/17/three-arrows-capital-confirms-heavy-losses-from-lunas-collapse-exploring-potential-options-report/

CPI chart:
https://fred.stlouisfed.org/series/CPIAUCSL

What it's actually like to hodl:
https://coinmotion.com/wp-content/uploads/2020/04/hodling-1.jpeg

Bitcoiners are religious zealots:
https://bitcoinist.com/this-is-why-druckenmiller-and-tudor-jones-changed-their-mind-on-bitcoin/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#cryptocurrency

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are pr..

The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

In this video, I discuss whether BlockFi is about to implode and freeze withdrawals. There is a lot of speculation that BlockFi is in trouble, having possibly lent crypto to 3 Arrows Capital, which is in the process of being liquidated.

BlockFi has put out statements saying that everything is fine, but their actions speak louder than words: laying off 20% of staff and doing a down round both suggest a cash crunch.

In a crypto bear market, it becomes increasingly important not to leave your Bitcoin at any lending service or on any exchange. "Not your keys, not your coins." If a crypto company files for bankruptcy, your Bitcoin may be considered part of the company's general assets, which would mean that secured creditors will get paid back before you do.

Not investment advice! Consult a financial advisor.

My prediction of Celsius implosion:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity

Babel Finance suspends withdrawals:
https://www.coindesk.com/business/2022/06/17/babel-finance-suspends-withdrawals-citing-unusual-liquidity-pressures/

Is BlockFi in trouble too?
https://www.bloomberg.com/news/articles/2022-06-16/blockfi-seeks-to-quell-fear-amid-crypto-hedge-fund-3ac-s-fallout

Large crypto hedge fund being liquidated:
https://www.wsj.com/articles/battered-crypto-hedge-fund-three-arrows-capital-considers-asset-sales-bailout-11655469932

Block..

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In this video, I discuss the possibility of a planned US dollar devaluation that could be used to reset global debt/GDP levels.

Since it is impossible to pay off the current debt, or increase real GDP sharply in the short term, the only remaining alternative is to massively increase nominal GDP through inflation.

Annual inflation of 100% would very quickly bring debt/GDP levels back down to a more normalized level and allow the fiat system to reset.

The Fed and US Treasury have a choice: pull off the bandaid slowly, or quickly. Right now, the Fed is lurching between hawkish and dovish statements, trying to reign in inflation while still attaining a soft landing. The result is unnecessary market volatility.

There are many precedents to this kind of monetary reset, including Executive Order 6102 in 1933 and the subsequent devaluation of the US dollar against gold.

The only way to protect your finances against something like this is to hold stocks, real estate, and especially Bitcoin.

Not investment advice! Consult a financial advisor.

Powell choosing between inflation and recession:
https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession
https://twitter.com/therationalroot/status/1527390993892487168

Chart of total public debt:
https://fred.stlouisfed.org/series/GFDEBTN

US debt clock:
https://www.usdebtclock.org/

Historical chart of US debt/GDP:
https://fred.stlouisfed.org/series/GFDEGDQ188S

US Gov confiscates gold and does a monetary reset:
https://en.wikipedia.org/wiki/Executive_Order_6102

I am not being paid or otherwise compensated by any company or cryptocurrency pro..

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In this video, I discuss how Bitcoin just can't seem to do anything right these days.

Bitcoin can't seem to decide if it's in a bubble-- or dead.

Bitcoin is a cult, a fad, and it's boiling the oceans, using all of the world's electricity, it's inefficient, it's used mainly by drug-dealers and psychopaths, and it's hurting our beloved institutions like Wells Fargo and Bank of America.

Unfortunately, Bitcoin doesn't seem to care, and just keeps chugging along.

Tick tock next block, honey badger don't care.

Not investment advice! Consult a financial advisor.

Bitcoin dead, Bitcoin bubble:
https://pbs.twimg.com/media/FVOC-xmWYAEnJ61?format=png&name=900x900

Bitcoin tulip mania:
https://www.cnbc.com/2013/11/12/peter-schiff-calls-bitcoin-bubble-tulip-mania-20.html

Bitcoin Mining on Track to Consume All of the World's Energy by 2020:
https://www.newsweek.com/bitcoin-mining-track-consume-worlds-energy-2020-744036

Bitcoin bad for the planet:
https://www.popularmechanics.com/science/a35717144/bill-gates-bitcoin-energy-climate/

Bill Gates apologizes:
https://www.vice.com/en/article/akgqw5/bill-gates-is-very-sorry-he-partied-with-jeffrey-epstein

Bitcoin fans are psychopaths:
https://nypost.com/2022/04/12/bitcoin-fans-are-psychopaths-who-dont-care-about-anyone-study-shows/

Bitcoin ownership estimate:
https://explodingtopics.com/blog/blockchain-stats

Lagarde calls out Bitcoin's funny business:
https://www.reuters.com/article/us-crypto-currency-ecb/ecbs-lagarde-calls-for-regulating-bitcoins-funny-business-idUSKBN29I1B1

Lagarde convicted:
https://www.bbc.com/news/world-europe-38369822

Yellen says Bitcoin is inefficient:
https://www.cnbc...

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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In this video, I discuss possible Bitcoin price targets, using metrics such as MVRV (market value realized value ratio) and the 200-week moving average price chart.

The one wild card is that the Fed has never been this hawkish in Bitcoin's entire 13-year history. Bitcoin is not a tame lion, and it can do whatever it likes over the short term.

That being said, I believe that the worst is over, and that buying Bitcoin at these levels is a no-brainer if you are a long-term hodler.

It's just important to avoid leverage, and also to hold your own private keys.

Here's how to store your Bitcoin safely:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

Not investment advice! Consult a financial advisor.

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Bitcoin MVRV ratio chart:
https://charts.woobull.com/bitcoin-mvrv-ratio/

Latest Glassnode report:
https://insights.glassnode.com/the-week-onchain-week-24-2022/

FOMC probability calculator:
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

Fed telegraphs 75 bps hikes coming:
https://www.wsj.com/articles/bad-inflation-reports-raise-odds-of-surprise-0-75-percentage-point-rate-rise-this-week-11655147927

Check out all of my free Bitcoin videos here:
https://www.youtube.com/c/TraderUniversity/videos

Check out my online trading courses:
https://www.trader.university/join
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Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Eve..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
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In this video, I discuss the ongoing implosion of the crypto lender Celsius. A few hours ago, they froze withdrawals, and it is likely in my opinion that they do not have enough assets to cover all of their liabilities. If you still have assets at Celsius, there is a good chance that you will only be able to recover pennies on the dollar, if anything at all.

The tide is going out, and there will be more blow-ups and casualties. This is why it is so important to know what you own (I own only Bitcoin), and to hold your own private keys. "Not your keys, not your Bitcoin."

The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

Not investment advice! Consult a financial advisor.

My prediction from May 2022 about Celsius imploding:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity

Celsius pauses withdrawals:
https://twitter.com/CelsiusNetwork/status/1536169010877739009

CEL token tanks:
https://decrypt.co/102715/celsius-tanks-as-company-pauses-withdrawals-citing-liquidity
https://coinmarketcap.com/currencies/celsius/

Nexo offers to take over Celsius:
https://www.coindesk.com/business/2022/06/13/nexo-proposes-celsius-buyout-as-rival-halts-withdrawals/

Kraken Will Freeze Your Bitcoin:
https://www.youtube.com/watch?v=jsM7ldlzj9Y&ab_channel=TraderUniversity

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

What it's actually like to hodl Bitcoin:
https://preview.redd.it/zz2mbbej..

Join the Trader University email list:
https://www.trader.university/email-list

In this video, I discuss the various individuals and groups that were pumping LUNA to the end. This includes Raoul Pal and Remi Tetot of Real Vision, the Bankless crew, and Pomp-- at least based on my personal interpretation of publicly available facts. Examine the evidence and decide for yourself.

Crypto winters are a time of great clarity, when it becomes easier to see who the Bitcoin affinity scammers are.

Bitcoin is not "crypto." It is a completely unique decentralized digital asset with a very special, impossible to repeat genesis.

Not investment advice! Consult a financial advisor.

Do Kwon may have cashed out $80 million/month:
https://www.fxstreet.com/cryptocurrencies/news/terras-do-kwon-cashed-out-over-80-million-per-month-before-luna-and-ust-collapse-202206100745

Solana Billionaire VC's Are Laughing At You:
https://www.youtube.com/watch?v=nBHH0k8EOHE&ab_channel=TraderUniversity

Do Kwon mocked people for being poor:
https://markets.businessinsider.com/news/currencies/terra-usd-ust-luna-do-kwon-poor-critics-crypto-crash-2022-5
https://i.insider.com/627d2084dd983300191cb343?width=1300&format=jpeg&auto=webp

Do Kwon may have raked in billions:
https://twitter.com/FatManTerra/status/1535623662153437185

Real Vision Crypto:
https://www.realvision.com/videos/crypto

Raoul Pal buys the ETH top:
https://twitter.com/bradmillscan/status/1529475497054420992/photo/1

Why Web 3.0 Is A Scam:
https://www.youtube.com/watch?v=Un1CegKO1xo&ab_channel=TraderUniversity

Terra sees backing from Real Vision:
https://www.securities.io/terra-sees-backing-from-real-vision-group-founders-luna-in-range-of-55/

Remi Tetot "wiped out":
https://twitter.com/Remi_Tetot/status/1524550484018798592
https://medium.com/@remi.tetot/luna-the-fall-of-a-giant-af0244cce8e5

Remi Tetot on Luna Governing Council:
https://www.trustnodes.com/2022/06/10/do-kwon-paid-80-million-a-month

Remi Tetot resum..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
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https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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https://www.trader.university/email-list

In this video, I discuss how the Fed is stuck between a rock and a hard place. It can attempt to tame inflation, but tank the stock market in the process. Or it can let inflation run hot and hurt consumers and the politicians who will get voted out.

Ultimately, the Fed will need to turn the money printers back on in order to continue monetizing US government deficits. I suspect this will happen in Q3 2022, or even sooner if something breaks in the US financial plumbing.

Not investment advice! Consult a financial advisor.

US Consumer Sentiment hits all-time low:
https://www.bloomberg.com/news/articles/2022-06-10/us-consumer-sentiment-slumps-to-record-low-on-inflation-woes
https://fred.stlouisfed.org/series/UMCSENT

Inflation everywhere:
https://twitter.com/byHeatherLong/status/1535245905045209090

CPI hits 40-year high:
https://www.bloomberg.com/news/articles/2022-06-10/us-inflation-unexpectedly-accelerates-to-40-year-high-of-8-6

Debt to GDP chart:
https://fred.stlouisfed.org/series/GFDEGDQ188S

US debt clock:
https://www.usdebtclock.org/

Yellen says tax receipts strong:
https://twitter.com/carlquintanilla/status/1524039540981256192

Federal tax receipts plunged in May:
https://twitter.com/Halsrethink/status/1533787327604072448

Enron blows up:
https://www.wsj.com/articles/SB101171396110000000

WorldCom blows up:
https://en.wikipedia.org/wiki/WorldCom_scandal

My prediction about Celsius:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity

Celsius imploding:
https://coinmarketcap.com/currencies/celsius/

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get ..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

In this video, I discuss the new Lummis-Gillibrand crypto bill and its consequences for Bitcoin and other cryptocurrencies.

The bill contains many good provisions, including a capital gains tax exclusion for Bitcoin purchases of goods and services under $200, and a tax exclusion for Bitcoin mining rewards until they are converted to fiat. The bill also clarifies that borrowing against your Bitcoin will not be construed as a taxable event.

In its current form, the bill also contains too many loopholes, including the question of who gets to decide whether a crypto project is sufficiently "decentralized."

I would prefer if the category of "ancillary assets" were abolished, Bitcoin were put into a class of its own, and all other crypto-assets were turned over to the SEC to prosecute for being unregulated securities.

Ultimately, the US needs Bitcoin more than Bitcoin needs the US. I hope that regulators and legislators understand this clearly enough.

Not investment advice! Consult a financial advisor.

Senator Lummis:
https://www.lummis.senate.gov/

Senator Gillibrand:
https://www.gillibrand.senate.gov/

Lummis-Gillibrand bill executive summary:
https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf

Bitcoin Loans (The Ultimate Guide):
https://www.youtube.com/watch?v=Uvgg3j_uiVw&ab_channel=TraderUniversity

SEC sues Ripple:
https://www.sec.gov/news/press-release/2020-338

Is ETH a commodity?
https://www.sullivanlaw.com/news-ether-is-a-commodity.html

SEC gonna sue Ethereum:
https://twitter.com/namcios/status/1534592858811949057

CFTC chair is hostile to proof of work:
https://twitter.co..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

In this video, I discuss the Fed's recent blog post on Bitcoin and eggs, as well as whether Bitcoin is too volatile and a bad inflation hedge.

The Fed article seems to have cherry-picked its data, in an effort to make Bitcoin look bad. Measured over longer time periods, all commodities are volatile, whether priced in Bitcoin or US dollars.

The biggest difference is that Bitcoin preserves your purchasing power over multi-year periods, unlike the US dollar. Eggs, wheat, gasoline, other commodities, and houses keep getting cheaper for Bitcoiners.

Even if you purchased all of your Bitcoin at the December 2017 cyclical peak, Bitcoin has still been an excellent way to hedge CPI inflation.

When you are a Bitcoiner, everything around you keeps getting more affordable over time. It is the exact opposite of holding your savings in US dollars, where you are constantly swimming upstream.

The very fact that the Fed felt the need to write a blog post like this shows that we are winning. This weird little software program called Bitcoin is taking over the world, and the Fed knows it.

Note that the Fed did not attack Ethereum, Solana, or any other crypto. Bitcoin is the only real threat to central bankers and politicians, and there is no alternative.

Not investment advice! Consult a financial advisor.

Buying eggs with Bitcoin:
https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/
https://fred.stlouisfed.org/graph/?g=PUbY

Egg price chart:
https://fred.stlouisfed.org/series/APU0000708111

Gasoline price chart:
https://fred.stlouisfed.org/series/GASREGW

Housing price chart:
https://fred.stlouisfed.org/series/MSPUS

US dollar is a terri..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

In this video, I discuss Rep. Ro Khanna's plan to have the Department of Agriculture "buy the dips" in food and redistribute that food to the American people at lower prices

This is a terrible proposal that will result in immediately higher food prices, as well as the need for the Fed to print more money to chase those higher commodity prices.

We are past the point of magical solutions. The best way to lower commodity prices is to produce more of them (i.e. increase actual supply). A good start would be to stop cancelling energy leases.

Unfortunately, our elites have very little real-world practical economic knowledge and prefer to virtue-signal over making the hard choices that will ultimately be good for the people.

As the economy lurches between deflation and hyper-inflation, expect asset prices to remain volatile.

Not investment advice! Consult a financial advisor.

Stock Market Crash, or High Oil Prices?
https://www.youtube.com/watch?v=AQzW4k-3wLU&ab_channel=TraderUniversity

Ro Khanna:
https://en.wikipedia.org/wiki/Ro_Khanna#Early_life_and_education

Ro Khanna's opinion piece:
https://www.nytimes.com/2022/06/02/opinion/inflation-biden-congress.html

PPI wheat chart:
https://fred.stlouisfed.org/series/WPU0121

Biden cancels oil and gas lease sales:
https://thehill.com/policy/energy-environment/3485545-biden-administration-cancels-oil-and-gas-lease-sales-in-alaska-gulf-of-mexico/

Biden contemplating windfall profits tax:
https://www.reuters.com/business/energy/white-house-considering-proposal-tax-oil-gas-windfall-profits-official-says-2022-06-02/

Purchasing power of US dollar:
https://www.newsbtc.com/wp-content/uploads/2019/..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

In this video, I discuss the May 31 White House meeting between Biden, Powell, and Yellen, and what it means for the financial markets this summer.

I believe that it is almost certain that the Fed will continue to tighten into the coming stock market crash and "economic hurricane" (Jamie Dimon's phrase). The decision has been made to go after inflation and temporarily turn a blind eye to stock market carnage.

I expect the Nasdaq to go down to at least 10,000 and Bitcoin to hit $20,000- $25,000 as Fed tightening continues.

The Fed will probably be forced to reverse course a month or two before the November mid-term elections. At that point, expect stocks and Bitcoin to rocket back up to new all-time highs.

Unfortunately many altcoins will die this summer and never come back.

Not investment advice! Consult a financial advisor.

Inflation is high:
https://www.cnbc.com/2022/05/11/cpi-april-2022.html

Debt levels are very high:
https://fred.stlouisfed.org/series/GFDEGDQ188S

Biden, Powell, Yellen meet at White House:
https://www.bloomberg.com/news/articles/2022-05-31/biden-seeks-to-defect-inflation-blame-with-rare-fed-meeting

Yellen wrong again:
https://www.bloomberg.com/news/articles/2022-05-31/yellen-says-i-was-wrong-last-year-on-the-path-of-us-inflation

My inflation prediction from August 2021:
https://www.youtube.com/watch?v=aJ6K0pgj11A&ab_channel=TraderUniversity

Dimon optimistic:
https://www.bloomberg.com/news/articles/2022-05-23/dimon-says-storm-clouds-over-the-u-s-economy-may-dissipate

Dimon turns pessimistic just a few days later:
https://www.bloomberg.com/news/articles/2022-06-01/jamie-dimon-says-bank-is-bracing-itself-fo..

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

In this video, I discuss the increased centralization and insider control that is coming with Ethereum's move from proof of work to proof of stake.

Anyone with less than 32 ETH will need to stake their ETH at a crypto exchange or staking pool like Lido, or risk getting massively diluted by ETH inflation. But in doing so, they will be forced to give up self-custody of their ETH, as well as their voting power over the protocol, which will be increasingly concentrated at the staking pools and exchanges.

Lido itself is controlled by founders and insiders who gave themselves 64% of the governance token at launch.

Proof of stake basically recreates the current fiat financial system, where the rich get richer and have control over the system.

Not investment advice! Consult a financial advisor.

Ethereum Is Banker Coin:
https://www.youtube.com/watch?v=YDmwyyhpqTE&ab_channel=TraderUniversity

How Your Bitcoin Can Suddenly Disappear (Network Partition):
https://www.youtube.com/watch?v=c7hPe1OhjuU&ab_channel=TraderUniversity

Lido staking pool:
https://lido.fi/ethereum

ETH2 concentrations:
https://pro.nansen.ai/eth2-deposit-contract

Vitalik worried about staking pools:
https://twitter.com/VitalikButerin/status/1525301234516652032

Lido governance token initial allocation:
https://blog.lido.fi/introducing-ldo/

Can The Miners Take Over Bitcoin?
https://www.youtube.com/watch?v=aWhx9EZANwg&ab_channel=TraderUniversity

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#ethereum..

Get the "Ultimate Guide to Bitcoin" course:
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Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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In this video, I discuss the possibility that the Fed is blindly targeting structural energy inflation using the blunt tools of monetary policy.

The Fed cannot print more crude oil or natural gas, but it can certainly curtail energy demand by forcing the US economy into recession.

Persistent high energy prices may be the result of a failed decade of energy policy and under-investment in the space.

Higher interest rates will also make it more difficult and expensive to finance future energy projects, thus ironically increasing oil prices down the road.

Not investment advice! Consult a financial advisor.

Political pressures on the Fed:
https://www.politico.com/news/2022/05/13/rising-gasoline-prices-biden-natural-gas-00031424
https://www.theguardian.com/us-news/2022/apr/17/inflation-democrats-midterms-prices-biden

Energy producers unwilling or unable to increase production:
https://oilprice.com/Energy/Crude-Oil/OPEC-Misses-Production-Target-By-Whopping-27-Million-Bpd.html
https://www.reuters.com/business/energy/exclusive-us-asked-brazils-petrobras-if-it-could-raise-oil-output-it-said-no-2022-05-10/
https://www.bloomberg.com/news/articles/2022-05-10/saudi-oil-chief-says-all-energy-sectors-running-out-of-capacity?sref=6QIJIlKP
https://www.bloomberg.com/news/articles/2022-05-25/world-s-oil-growth-engine-is-about-to-slow-despite-100-crude?sref=6QIJIlKP

Our elites are not very elite:
https://apnews.com/article/inflation-health-coronavirus-pandemic-business-6e7c813472a3eb706e0cdafe305c1477
https://www.reuters.com/article/us-usa-fed-yellen/feds-yellen-expects-no-new-financial-crisis-in-our-lifetimes-idUSKBN19I2I5

Fed may keep hiking until th..

Get the "Ultimate Guide to Bitcoin" course:
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Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

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https://www.trader.university/email-list

In this video, I discuss the arguments that the geopolitical analyst Peter Zeihan has made against Bitcoin.

While very smart when it comes to geopolitical matters, I think that Zeihan has not put in the work on Bitcoin. He fails to understands Bitcoin as a Trojan Horse, wrongly concluding that it will be banned everywhere.

Zeihan also misunderstands the real reason for the easy money environment, which has less to do with the Boomers' risk tolerance and more directly to do with the US fiscal situation and the end of the long-term debt cycle.

The easy money environment is here to stay (Fed will need to restart the money printers soon), not in spite of the Boomers' retirement, but because of their retirement. The Fed will need to print money to fund massive entitlement spending for the Boomers.

Not investment advice! Consult a financial advisor.

Peter Zeihan:
https://en.wikipedia.org/wiki/Peter_Zeihan

Stratfor:
https://en.wikipedia.org/wiki/Stratfor

Zeihan calls Bitcoin a dumpster fire:
https://coinpedia.org/opinion/geopolitical-strategist-and-author-peter-zeihanpeter-zeihan-thinks-bitcoin-is-dumpster-fire/

Peter Zeihan interview:
https://www.youtube.com/watch?v=t_gw4eTr-hM&ab_channel=ARKInvest

US debt clock:
https://www.usdebtclock.org/

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos..

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Created 9 months ago.

214 videos

Category Business & Finance