Rajat i love how your comparing the cannabis stocks. Thats what i got into before bitcoin. I literally bought canopy growth lol. I sold every stock for bitcoin with my portfolio down 60%. Now my portfolio is up 97% currently. I LOVE BITCOIN. I THINK WE ALL MISUNDERSTAND HOW GREATFUL WE SHOULD BE FOR SATOSHI. He/she/them/it changed the WORLD💪‼️‼️‼️‼️‼️‼️‼️
I feel you I was right there Canopy Growth, Aphria, Planet 13. Got absolutely trashed by holding all of them. However getting thrashed help me learn and understand more about the importance of bitcoin whenever I finally did get into it.
going from 200k to 1m (5x) shouldn't take 20 years. A broad world index doubles approx. every 10 years. Having 3x returns in 20 years isn't that much, rather the market average.
When it was 6-700 bucks I remember everyone happy because 10k BTC was guaranteed to hit in 2028, so your analysis is definitely worthy and not far fetched by any means.
Supply of bitcoin is limited if no ones wants to sell, but as the market moves the price, the supply will also be increasing as more people are willing to sell for the right price. So it is limited for the current market price, but with every uptick of the btc price more supply is coming into the markets.
But you also have to think: at some point, people will ask themselves what they're going to trade their bitcoin for. Why would they want dollars? Why would they exchange the best money in the world for something that can be printed? They will want to exchange directly for goods and services.
@@rajatsonifinance That is utopia thinking. Because that is the nature of humans. We are all individuals, we do not have a collective brain. So we can't think the same narrative, that is impossible. So that is why there will always be sellers for the right price. Although the supply will be smaller and smaller but it will never be non existence.
We don't know where it will go, but I think the Etf's are a game changer and these drastic boom bust cycles on BTC have ended. Banks are going to custody, there are so many catalysts for much higher prices. Global money supply is rising another great reason.
I agree with most of your predictions, but what happens when the market crashes? Buffet is prepared for this and BTC will crash along with it and people will be forced to sell with leverage. People at my local meets are even more aggressive about buying BTC with loans. or delaying their utility bills to stack. Also, if people have no jobs would they have to sell their BTC to buy food? If you can do a video on Recession price prediction like 2000-2003 that would be great.
It actually doesn't matter much whether the average person is struggling to pay bills. If large corporations like Apple are putting relatively small amounts of BTC on their balance sheets as a hedge and it's getting a 1% allocation into traditional 401k plans, that's enough to drive the price up to $500k or more, simply because there's no supply response. Bitcoin was designed to go up in price.
Doesn't matter the fiat price ... it'll be all about the Sats someday...stack Sats until Bitcoin is all mined. You'll thank yourself in 15 to 20 years!
I set little goals for myself but when i first started i told myself “this amount is all i need” lol that didnt work obviously. But i really feel like i have enough on a bitcoin standard to be comfortable. Im not greedy, and not saying others are but LETS PUMP BABY ❤️
Stack like it's $1M, because then you'll realize how cheap it is rn. Imagine saying the same thing when btc was $1 and you said let's just try and hit $2 first. That's exactly how people thought back in 2010.
I don't care if you intermittently have $100k, $10k or $100. Stack Sats as often as possible. These prices will seem anemic in less than 12 months. They might seem anemic by November? Either way, when BTC goes 10x, 20x, 100x... you'll wish you had bought at todays prices (54k-64k). The math is there if you care to see it. Investing in Bitcoin is Not gambling. It's investing in an inevitability.
@@bobbyrayofthefamilysmith24 I suppose you're smarter than the Billionaires, Corporations, and Nations that believe others otherwise.....🥴 Good luck with that.
@@mrnobody1816 gee wizz you remember 100k in 2021?? Yeh me neither. It didn't COME CLOSE to predictions last time. "but but Institutional money bro" Yeh that was the narrative last time too. How'd that work out? It's going to FLOP and crash HARD taking everyone by surprise.
Sounds to me like you're a get rich quick type that sells the bottom, believes the hype then buys the top. I never cared about that 100k mark you're referring to. People that short are worried about arbitrary numbers like that. 👉 "Money flows from impatient hands to Patient hands." These sayings don't exist through time because they've been proven wrong. Of course, time will tell. But I like my position and disposition. I think you like yours? Mine has time proven sayings like "Get Long Get Paid"....IDK, seems simple to me.
@@mrnobody1816 Wrong. Been here since 2018 and never sold I just recognise that the returns are diminishing massively each cycle making these high price claims ridiculous. How is pointing this out "get rich quick" or impatient?
Finally some bullish predictions. I mean it makes total sense. I’m trying to see why it wouldn’t hit 1M this cycle. We just saw blackrock wanting to be honest, so doesn’t seem like price suppression. If we have little to no real friction once the run starts, then we will have expedited adoption I feel. Those nation states, entities, etc may all say this is it, I can either hope for a bear market and get a deal or get in now. There is probably 1-2M tops of btc and I imagine if game theory starts we can deplete that as a world aggregate pretty quickly.
I think that's a crazy prediction, but I do appreciate the hype. Hype is the only thing that makes the price go up. If people believe it, they'll buy it, and it's like a self-fulfilling prophecy.
Yes it could, on the off chance that everyone in the world agrees that Bitcoin is worthless. But that could happen to every stock, real estate in every city, and every fiat currency.
You of all people should know that's not happening. Of course, one day yes it will. If we were at 1 Million, we would have way surpassed gold, our market cap would be ridiculous high, on top of all that, altcoins would be going absolutely crazy causing instant millionaires. I could go on and on...... Slow down buddy! Let's make it passed 80-100k first before you get people too excited.
Doesn't seem posible, early phases of it had such high repricing because it wasn't as distributed, now it is, there will be a ton of sellers above the 150k and who the fuck is bulk buying on its way up with sizable capital when the pattern points at above 60% drawdowns.. It will slow down unless monetary policy doubles down on the craziness, and we're not there yet! Not all owners are on the long term.
Well I'll give him this. Atleast he said he worked in finance. Most of these youtubers work regular jobs nowhere near crypto or institutions... usually nobodies are throwing out their analysis... that being said you think retail is going to bring the price that high? Lol. I. Pretty sure btc has been easy to buy atleast the last 10 years. Granted I know what you mean about coins that are super hard to buy through jumping loops. But btc has been available way more than for instance these new ai coins that haven't hit your usual exchanges
BTC is easier to buy now thanks to spot ETF. I have a friend who have no interest buying self custodied Bitcoin, but he bought the spot Bitcoin ETF in his roth IRA because it's easier.
I’ll tel you why it won’t. Because I recently got into it and we’re months away from the UK government making Capital Gains Tax match income tax making ours the highest in the world.
@@rajatsonifinanceThe underlying and so called network effect grows exponentially but eventually grows quadratic, linear and finally becomes random noise. We haven't even reached the first quarter of the adoption curve, though.
I try to get people to understand the only thing that can be manipulated is the price of bitcoin, but it cant be that way forever. The more people understand, the harder it is for big whales to sell big amounts and it not get ate right back up. Anyone selling would just have to buy it back for more😂😂😂
Rajat, you have grown my bitcoin knowledge quite extensively and I really appreciate you for that and your time you put into all of it. Also, I will be scheduling at some point a session for discussion with you. God Bless
Please show us where did Rajat planned a 30k eth. “TH-cam liker urself” “Viewers like urself” are just impatient and untrusting individuals that dont even understand how BTC works.
$20 trillion wont happen eoy 😂 @rajatsonifinance I have no doubts bitcoin will be seen as a unit off account in 20 years and many people won't be asking how much is a dollar worth in btc it will be how much is a sat worth in dollars?
People think that this is outrageous and it may be given the timeline. However, the United States is $35 trillion in debt and adds another $200k every second. If the United States is inflated like this where do you think people are going to place their money? Gold, real estate and stocks are good choices, but so is BTC. BTC stands out because everyone in the world has much GREATER access to it from anywhere in the world. Why buy a random stock when you can buy the thing billionaires are loading up on. It is an easy choice.
Rajat i love how your comparing the cannabis stocks. Thats what i got into before bitcoin. I literally bought canopy growth lol. I sold every stock for bitcoin with my portfolio down 60%. Now my portfolio is up 97% currently. I LOVE BITCOIN. I THINK WE ALL MISUNDERSTAND HOW GREATFUL WE SHOULD BE FOR SATOSHI. He/she/them/it changed the WORLD💪‼️‼️‼️‼️‼️‼️‼️
I feel you I was right there Canopy Growth, Aphria, Planet 13. Got absolutely trashed by holding all of them. However getting thrashed help me learn and understand more about the importance of bitcoin whenever I finally did get into it.
Yeah my point there was that I watched people fomo in and buy these stocks until the price skyrocketed - exactly what will happen with Bitcoin IMO
Oh man this is a bold claim, I sure hope this happens. My current guess is 500k
$500K is absolutely insane too!
My guess is 80K.
Man you sound like a professor in bitcoin. 😊 Your becoming one of my main sources for Bitcoin. Great explanation.
🤝🏼
I think it makes it to 200k max…. 1 million adjusted for today’s dollars in another 20 years.
going from 200k to 1m (5x) shouldn't take 20 years. A broad world index doubles approx. every 10 years. Having 3x returns in 20 years isn't that much, rather the market average.
Let's see
When it was 6-700 bucks I remember everyone happy because 10k BTC was guaranteed to hit in 2028, so your analysis is definitely worthy and not far fetched by any means.
People will always claim to know the future
Supply of bitcoin is limited if no ones wants to sell, but as the market moves the price, the supply will also be increasing as more people are willing to sell for the right price. So it is limited for the current market price, but with every uptick of the btc price more supply is coming into the markets.
But you also have to think: at some point, people will ask themselves what they're going to trade their bitcoin for. Why would they want dollars? Why would they exchange the best money in the world for something that can be printed? They will want to exchange directly for goods and services.
@@rajatsonifinance That is utopia thinking. Because that is the nature of humans. We are all individuals, we do not have a collective brain. So we can't think the same narrative, that is impossible. So that is why there will always be sellers for the right price. Although the supply will be smaller and smaller but it will never be non existence.
We don't know where it will go, but I think the Etf's are a game changer and these drastic boom bust cycles on BTC have ended.
Banks are going to custody, there are so many catalysts for much higher prices. Global money supply is rising another great reason.
Exactly
Taking 10 years to be 1m would be more realistic tbh but I still hope I’m wrong
Maybe!
Something is telling me this 4 year cycle will be broken and we won’t see a sharp 60-80% decline in 2026 or 2030
I think so too
The ETF buyers will not run out
100% brother💪💪 i think the same thing. I also think if there is gonna be an ALT season, this will definitely be the LAST one.
Bro everything said this in 2020 😂
I agree with most of your predictions, but what happens when the market crashes? Buffet is prepared for this and BTC will crash along with it and people will be forced to sell with leverage. People at my local meets are even more aggressive about buying BTC with loans. or delaying their utility bills to stack. Also, if people have no jobs would they have to sell their BTC to buy food? If you can do a video on Recession price prediction like 2000-2003 that would be great.
It actually doesn't matter much whether the average person is struggling to pay bills. If large corporations like Apple are putting relatively small amounts of BTC on their balance sheets as a hedge and it's getting a 1% allocation into traditional 401k plans, that's enough to drive the price up to $500k or more, simply because there's no supply response. Bitcoin was designed to go up in price.
Bitcoin is separate from legacy markets
I remember the “weed rush” for stocks and I bought in. Another good show, Raj. To the 🚀
Thank you! And yes it was crazy
People need to buy spot, less leverage, leverage is risk!
Exactly
I hope not, I need to buy more😅
I'd love if it waited too
lol same
No frl 😂
Doesn't matter the fiat price ... it'll be all about the Sats someday...stack Sats until Bitcoin is all mined. You'll thank yourself in 15 to 20 years!
I set little goals for myself but when i first started i told myself “this amount is all i need” lol that didnt work obviously. But i really feel like i have enough on a bitcoin standard to be comfortable. Im not greedy, and not saying others are but LETS PUMP BABY ❤️
Brilliant, Soni!
🤝🏼
Let’s try and hit 75K first bro lol
It'll happen at some point
Is 15x from here , very possible.
😂😂😂
98K this year 🦾
Stack like it's $1M, because then you'll realize how cheap it is rn. Imagine saying the same thing when btc was $1 and you said let's just try and hit $2 first. That's exactly how people thought back in 2010.
I don't care if you intermittently have $100k, $10k or $100. Stack Sats as often as possible. These prices will seem anemic in less than 12 months. They might seem anemic by November? Either way, when BTC goes 10x, 20x, 100x... you'll wish you had bought at todays prices (54k-64k). The math is there if you care to see it. Investing in Bitcoin is Not gambling. It's investing in an inevitability.
It ain't doing a 10x in your lifetime 😂😂😂 2021 was a flop this time it will be EVEN weaker. 80k tops until 2029 bullrun.
@@bobbyrayofthefamilysmith24 I suppose you're smarter than the Billionaires, Corporations, and Nations that believe others otherwise.....🥴 Good luck with that.
@@mrnobody1816 gee wizz you remember 100k in 2021?? Yeh me neither. It didn't COME CLOSE to predictions last time.
"but but Institutional money bro"
Yeh that was the narrative last time too. How'd that work out? It's going to FLOP and crash HARD taking everyone by surprise.
Sounds to me like you're a get rich quick type that sells the bottom, believes the hype then buys the top. I never cared about that 100k mark you're referring to. People that short are worried about arbitrary numbers like that.
👉 "Money flows from impatient hands to Patient hands." These sayings don't exist through time because they've been proven wrong. Of course, time will tell. But I like my position and disposition. I think you like yours? Mine has time proven sayings like "Get Long Get Paid"....IDK, seems simple to me.
@@mrnobody1816 Wrong. Been here since 2018 and never sold I just recognise that the returns are diminishing massively each cycle making these high price claims ridiculous. How is pointing this out "get rich quick" or impatient?
I appreciate your content 🙏🏾
🤝🏼
Finally some bullish predictions. I mean it makes total sense. I’m trying to see why it wouldn’t hit 1M this cycle. We just saw blackrock wanting to be honest, so doesn’t seem like price suppression. If we have little to no real friction once the run starts, then we will have expedited adoption I feel. Those nation states, entities, etc may all say this is it, I can either hope for a bear market and get a deal or get in now. There is probably 1-2M tops of btc and I imagine if game theory starts we can deplete that as a world aggregate pretty quickly.
I think that's a crazy prediction, but I do appreciate the hype. Hype is the only thing that makes the price go up. If people believe it, they'll buy it, and it's like a self-fulfilling prophecy.
10 Million by 2030 but 200k tops by mid 2025 imho
80k tops
Maybe
Great video Rajat
🤝🏼
Do you think there will be an option to take margin loans on the ETFs?
I wouldn't
We be lucky to get to 150K this bull run
Let's see
You sale at 150k the. At 300k you will FOMO in .
@@HtPt start DCA out around 75, 85, 95, 120, and beyond throughout 2025. Keep about 20% of bag and plan on buying back in next bear likely 2026
also "could" be zero. Bold statement. Hope you are right
Yes it could, on the off chance that everyone in the world agrees that Bitcoin is worthless. But that could happen to every stock, real estate in every city, and every fiat currency.
It can never go to zero.
I'm thinking same as you saying Raj 💯
You of all people should know that's not happening. Of course, one day yes it will. If we were at 1 Million, we would have way surpassed gold, our market cap would be ridiculous high, on top of all that, altcoins would be going absolutely crazy causing instant millionaires. I could go on and on...... Slow down buddy! Let's make it passed 80-100k first before you get people too excited.
I said "could"
Great video let it happen overnight.
Glad you enjoyed it
Doesn't seem posible, early phases of it had such high repricing because it wasn't as distributed, now it is, there will be a ton of sellers above the 150k and who the fuck is bulk buying on its way up with sizable capital when the pattern points at above 60% drawdowns.. It will slow down unless monetary policy doubles down on the craziness, and we're not there yet!
Not all owners are on the long term.
Anything is possible
Well I'll give him this. Atleast he said he worked in finance. Most of these youtubers work regular jobs nowhere near crypto or institutions... usually nobodies are throwing out their analysis... that being said you think retail is going to bring the price that high? Lol. I. Pretty sure btc has been easy to buy atleast the last 10 years. Granted I know what you mean about coins that are super hard to buy through jumping loops. But btc has been available way more than for instance these new ai coins that haven't hit your usual exchanges
BTC is easier to buy now thanks to spot ETF. I have a friend who have no interest buying self custodied Bitcoin, but he bought the spot Bitcoin ETF in his roth IRA because it's easier.
@Hboogie182 it's been super easy to buy for atleast 8 years now. I bought it then with no issue. Now it's everywhere.
I’ll tel you why it won’t.
Because I recently got into it and we’re months away from the UK government making Capital Gains Tax match income tax making ours the highest in the world.
When it's gets to a million leave England and move ro some where pleasant
Buy and sell non KYC.
This is some moon boy math
Maybe
The singularity is near.
Agreed
Having 2x the returns of the S&P500 is enough. Don't be greedy.
It has 5x the returns right now
@@rajatsonifinanceThe underlying and so called network effect grows exponentially but eventually grows quadratic, linear and finally becomes random noise. We haven't even reached the first quarter of the adoption curve, though.
Futures ETF makes it infinite.
Futures ETFs are paper bitcoin
They will blow up
Why so bearish??🐻🧸🐻
I try to get people to understand the only thing that can be manipulated is the price of bitcoin, but it cant be that way forever. The more people understand, the harder it is for big whales to sell big amounts and it not get ate right back up. Anyone selling would just have to buy it back for more😂😂😂
This is exactly what people don't get. Every day more people buy to NEVER SELL AGAIN.
Not bullish enough!
Next month, I'm going to retire on my .0000000001 Bitcoin.
You would need more then that even if it hit 300 million
@@awesomeness7117 😂 you're pretty quick
Of course it's possible but is it probable.
Please notice the title says “could” be , you commenters are funny
People don't read!
Rajat, you have grown my bitcoin knowledge quite extensively and I really appreciate you for that and your time you put into all of it. Also, I will be scheduling at some point a session for discussion with you. God Bless
Sure, 2 yrs ago the hype BTC was going to hit 100k..didn't happen, the YTubers like yourself predicted 30k ETH...didn't happen
Please show us where did Rajat planned a 30k eth.
“TH-cam liker urself”
“Viewers like urself” are just impatient and untrusting individuals that dont even understand how BTC works.
😂😂
No wasaay! What about the power law model thingies?
The power law doesn't consider insane money printing, hyperinflation, and an eventual US Dollar collapse (Gio said this himself)
@@rajatsonifinance 👍😁
👍
DCA every time I get paid 👌
💯💯
please stop. you cant claim that
I can't claim that something could happen? Why not?
@@rajatsonifinance sorry :)
Outrageous 😂but I hope so
It can happen!
As plan B forcast .
Don't know about his forecasts
Not in 1 year 😂 it will take 10 years 😅
I said "could"
Omg, rajat has been hijacked by samson mow 😮
Hahaha he thinks it'll happen by EOY
$20 trillion wont happen eoy 😂 @rajatsonifinance
I have no doubts bitcoin will be seen as a unit off account in 20 years and many people won't be asking how much is a dollar worth in btc it will be how much is a sat worth in dollars?
Ur a good guy but ur going outside urself
I'm just posting a prediction lol
DREAM ON... it won't even hit 100k this cycle. lol what you smoking bro? 😂
I said "could"
u are a hyper car 🏎️
😂😂😂 1milion moon boy
🤷🏽♂️
People think that this is outrageous and it may be given the timeline. However, the United States is $35 trillion in debt and adds another $200k every second. If the United States is inflated like this where do you think people are going to place their money? Gold, real estate and stocks are good choices, but so is BTC. BTC stands out because everyone in the world has much GREATER access to it from anywhere in the world. Why buy a random stock when you can buy the thing billionaires are loading up on. It is an easy choice.
That's exactly it. Also, it's the only one that 99% of the world doesn't own!
Not possible!
Anything is possible
I unsubscribed from this channel, same talk every time.
Yes, we know BTC’s price will increase. Give us something interesting. Until then, bye.
Oh what a loss … please subscribe again 😢
@@ShoodyWattNo need for sarcasm. Check out the interview with Jeff Booth on the Rebel Capitalist podcast. Very interesting.
@@sivloccawww plz don't go 😭
👍
stay off the drugs....its not going to happen this year
You know you're probably right
This has to be the worse video on Bitcoin from a Maxi and Noncoiner ever made.
That may actually be my biggest accomplishment. Thank you 🤝🏼
You’re making wild video titles just to get views and im unsubbing never to watch again. You’ve gone the way of lame influencers with bad titles.
I don't agree with this. I explained exactly what I meant in the title. It's fine if you don't want to watch, I think I added a lot of value here.
98K this year 2024 bro 🦾
Possible
Uptober🫡🫡