Why Wall Street is no longer selling Bitcoin
44sReveals a contrarian insight about Wall Street's motives, sparking curiosity and debate.
▶ Play Clip"Title promises risk-taking advice, but the video is mostly repetitive Bitcoin bull talk with a sponsor plug."
The video argues that Bitcoin is currently a highly asymmetric investment opportunity despite its boring price action. The speaker contrasts investors with consumers, suggesting that mainstream financial media and Wall Street have moved on to sell other assets like SpaceX and OpenAI after profiting from Bitcoin ETFs. He emphasizes that Bitcoin's low volatility and historical indicators, such as realized losses in the bottom fifth percentile and proximity to the 200-week moving average, signal a prime buying opportunity.
The speaker acknowledges Bitcoin's current boring price action but asserts that good returns can be made from here. He contrasts investors with consumers, noting that no one is selling Bitcoin now because Wall Street has already profited from ETF launches and is now selling other assets like SpaceX and OpenAI.
Bitcoin realized losses are in the bottom fifth percentile of all historic data, indicating extreme bearish sentiment. The speaker suggests this is the time to accumulate BTC, as such levels have historically preceded strong returns.
The speaker shows a chart of dollar-cost averaging Bitcoin, emphasizing that buying during boring periods (like now) is where returns come from. He advises buying at the 200-week moving average.
The speaker poses the question: are you an investor or a consumer? He argues that investors make money over time by buying great assets at decent prices, while consumers are swayed by hype and IPOs.
Bitcoin's 4-year annualized growth rate is around 30%, which is low compared to the 2020 bull market but still significant. The speaker notes that this bear market is being compared to the previous one, and 30% growth is still attractive.
The speaker reiterates that Bitcoin is the asymmetric opportunity, especially at this price. He compares it to the Nasdaq and megacap tech stocks, which he calls a state-sponsored monopoly, and argues Bitcoin will win through attrition.
Gold is worth $30 trillion, 6x Nvidia's market cap. The speaker believes Bitcoin should grow into a similar store of value, implying a potential 30x increase in today's money.
The speaker argues that currency is debasing at 10%+ annually, and with assets like SpaceX and Nvidia growing at 20% per year, the currency will eventually need to be re-denominated. This supports Bitcoin's long-term value.
While Michael Saylor's buying is positive, the speaker notes that the Bitcoin market needs price appreciation to generate excitement. He advises buying at the 200-week moving average and selling at the top of the range.
The speaker concludes that Bitcoin is a compelling asymmetric investment at current levels, especially when mainstream attention is elsewhere. He advises buying at the 200-week moving average and holding for long-term gains, as currency debasement and Bitcoin's scarcity will drive its value toward gold's market cap.
What percentile are Bitcoin realized losses currently in?
Bottom fifth percentile of all historic data.
01:10
What is Bitcoin's 4-year annualized growth rate?
Around 30%.
02:45
What is the market cap of gold compared to Nvidia?
Gold is $30 trillion, 6x Nvidia's market cap.
04:09
What does the speaker suggest about buying Bitcoin at the 200-week moving average?
It's a good time to put money in, as it's an asymmetric opportunity.
05:32
Realized losses at historic lows
Provides a concrete, data-driven signal that Bitcoin is oversold and potentially at a bottom.
01:1030% annualized growth rate
Quantifies Bitcoin's long-term growth despite the bear market, countering narratives of stagnation.
02:45Gold's 30x comparison
Highlights the massive upside potential if Bitcoin achieves digital gold status.
04:09Currency debasement argument
Explains the macroeconomic rationale for Bitcoin's long-term appreciation.
05:03[00:01] extremely boring. That's not news to you, I'm sure. But, we're going to make very good returns from here. No one is going to sell you Bitcoin now. things. They're selling you SpaceX, Anthropic, OpenAI, and all the other
[00:15] they make their money. The news flow from TradFi media, financial media, from the banks, from Wall Street, from everyone, all right? now cuz they already made their money when they launched the ETFs. Now,
[00:30] they've got other things to sell you. But, we're not consumers. We're investors, right? We've got nothing to do with them. percentages. We have to make decent decisions, right? Over time. Investing
[00:44] is super boring, right? But, you're talking about his- historically low Street already made their money when when they launched the ETFs right here. 6-700%, right? Even from the ETF launch is like
[00:58] two 200 plus percent. So, that's when they told you to buy it. Price goes up. Great for them. Now, they've got other things to sell, so Bitcoin. We're investors. We're not consumers.
[01:10] We're not consuming IPOs. I'm telling you that if you're not it all. Just give up, right? Bitcoin realized losses are now in the bottom fifth percentile of all historic data. You're talking about the absolute
[01:23] bottom. Like, these are the times that you just pick up BTC, right? Bitcoin has only been this close to the 200 moving for 7% of its entire history. something else, right? If you dollar cost average Bitcoin, this blue line is,
[01:38] You have to buy here. This is where the returns come. No one's going to tell you about SpaceX constantly. Great company, by the way. Awesome. I think it's great. I wouldn't own some, right? But, what no one will say is hey, maybe
[01:52] at 40% a year. You're actually buying that car guy right now. It's pretty all of the banana skin seem to be over flow. Inflation expectations can come down a
[02:04] little bit. The market still thinks and still pricing rate hikes. I can't see totally wrong. Bitcoin isn't going to boom until they have something to sell you again. So, let's just hope we stay here for a while
[02:19] the great returns. So, are you investor or a consumer? make money right now, right? you make money over time by buying great assets at this is a decent price. I
[02:33] boring, not many people are interested. That's kind of the best time. So, if you do trade Bitcoin crypto trad Click the link in the description, sign up, make a deposit. They'll give you a
[02:45] deposit bonus up to $30,000 to trade with. I still think that Bitcoin is the asymmetric opportunity here, especially at this price. Bitcoin's growth rate 4-year growth rate now annualize it like 30%.
[02:59] 30% growth rate. Now, this growth rate is very poor here cuz you're comparing This is a 4-year kegar. So, you're comparing this to the 2020 bull market. return. Now, what we're doing is comparing this
[03:13] bear market to the previous bear market. So, that's still a 30% growth rate. Bitcoin is not saleable now. It's not exciting now. There's nothing to sell you anymore, right? Bitcoin just wins, I think, through attrition and through
[03:27] what it actually is. I still think it's the asymmetric opportunity. Now, the Nasdaq index, the mag seven 10 or 15, whatever it is, right? Are basically a state-sponsored monopoly at this point.
[03:40] government to break any of these companies up. In fact, they're adding right? They're literally investing in the chip companies and everything. So, they see this as strategic importance, like national security. This
[03:53] going to keep going up at 20% a year plus. Bitcoin will fail unless it becomes on parity A 1.3 trillion asset. Gold is worth more than any individual
[04:09] stock. 30 trillion. It's 6x what Nvidia is. That's what Bitcoin should grow into, right? Unless it does that, kind of has failed, right? It's a world wide store of value, digital gold,
[04:22] whatever you want to call it. This is the time that it's going for. So, you've got really, if you believe in Bitcoin, you believe it's going 30x in today's money. Plus all of these will go up
[04:35] higher. They're going to have to re-denominate re-denominate the money. Right? Let's say SpaceX goes up 20% a year for 10 years. Well, it's worth 2.5 trillion already, right? So, 20% growth rate for 10 years is 15
[04:48] and a half trillion dollars market cap. Nvidia's 5 trillion already. So, a 20% growth rate for 10 years puts it at 31 trillion market cap. So, everything's going up, right? The currency is debasing at an exponentially
[05:03] They're going to have to re-denominate the currency cuz we're just going to have to come up with new new words for how like how many zeros this is, right? So, I still think this. If you just take away all of that,
[05:16] yes, these will go up. Currency debases at 10% They're 10% plus firms. How much of the currency supply that gets created each year can you monopoly. But, gold is 30 trillion. Bitcoin that's
[05:32] right? That's the time. So, you've got a 30x in today's money. I still think that it's worth you putting money in here, right? It's worth at the 200-week moving average probably putting in some money. And buying Nasdaq at highs, I think
[05:48] you'll make money over 10 years. But this is asymmetric, right? Definitely. So, This isn't going to push us to new highs, right? Saylor, yeah, he's buying.
[06:02] Fantastic news. But Bitcoin the Bitcoin market talking about this stuff is just extremely boring, right? Bitcoin per share measures Bitcoin per common share. It's boring, right? What we need is the price to go up.
[06:15] the price to go up. Everyone gets excited. They think they can make money. returns. Maybe when we reach the top of the range maybe don't buy so much or sell, but here
[06:30] this is asymmetric when everyone else is being told to buy SpaceX and every other being told to buy SpaceX and every other IPO, that creates opportunity here. be doing, right? I think. If you buy Bitcoin, trade it. Do it on
[06:43] They'll give you a deposit when I say trade with. I'm James as in my Z G. Cheers for watching and I'll see you in the next one.
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