#669 - Bitcoin Price Prediction Tai Lopez Calls It
The Tai Lopez Show
Tai Lopez
4.8 • 6.9K Ratings
🗓️ 27 November 2024
⏱️ 10 minutes
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Summary
For Bitcoin to hit my prediction of $250,000 the 'old hands' have to sell. (Text or WhatsApp my business iPhone +1-310-508-0816 if you want to learn crypto and how to make money online). Most people don't understand that as the price rises, the temptation for people who bought bitcoin at a low cost basis (low price), goes up so they give in and sell. Which makes the price drop. To hit $250,000 by 2026 as I'm predicting you need a lot of new people buying in at $80,000 to $100,000. Once enough new hands hold then the price can rise. To really make money with an asset like Bitcoin, you have to be willing to hold for much longer than the average impatient person. The masses are impatient. So you be patient so you can get the reward. (I keep two phones with me, one is my personal, one is my business one. So text or WhatsApp my business iPhone +1-310-508-0816 if you want to learn crypto and how to make money online).
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Transcript
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| 0:00.0 | Bitcoin price prediction. Where is it going to go to? I'll give you my prediction. I did this prediction |
| 0:05.4 | back in 2016. I launched a series of YouTube videos, got over 50 million views on them. Then YouTube |
| 0:11.8 | took them down back then. Okay, I was telling people, this is an opportunity. Right. Back then, |
| 0:16.6 | it was going between 3,500 and 15,000. It was kind of bouncing around. Obviously, now it's hit 100K. |
| 0:23.9 | Now, there was people on this side that were like, Bitcoin's going to be at a million. |
| 0:28.5 | In fact, John McAfee said, if Bitcoin hit, I think, a million by 2020, who's going to cut off his penis? |
| 0:36.0 | I have a rule. Never bet any body parts on anything. |
| 0:41.0 | But he made that bet. Obviously it didn't come true. I don't know what he did with the body parts. |
| 0:45.9 | But my point being, I said, 250,000 by 2025. That was my prediction. And I'm going to tell you why. So my price prediction, |
| 0:56.4 | I'm going to stick with that one. 2025, 2026, 250,000. Nobody really knows, but I'm going to give you |
| 1:03.8 | the logic so that you can make your own prediction with a little more knowledge than the average person. So here's the thing about Bitcoin, |
| 1:13.7 | why it's hard for it to go to a million. It's called old hands. Okay, I'm going to draw it. So you have |
| 1:20.0 | a group of people here who bought Bitcoin for $100 or $1,000. |
| 1:28.3 | Or like when I started telling people about crypto back in 2016, 2017, it was at, I think |
| 1:34.3 | Eath was a 175 and Bitcoin was at 3,500. |
| 1:38.3 | I started doing live streams. |
| 1:40.3 | I had some of the biggest crypto people come to my house in Beverly Hills and I was like, |
| 1:43.3 | yeah, it was a big opportunity to founders of things like Tether, some of the biggest crypto people come to my house in Beverly Hills, and I was like, yo, this is a big opportunity to founders of things like Tether, some of the people that were |
| 1:48.4 | already crypto billionaires. |
| 1:50.6 | And so it was here. |
| 1:51.6 | So these are the old hands. |
| 1:54.5 | When Bitcoin starts to run up in price, if there's still people who paid this low amount, |
... |
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