In this live stream recap Deezy discusses ADA, Bitcoin millionaires, BTC’s All Time High, and much more!
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#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation #cardano #cryptocurrency #xrp #litecoin #dogecoin #shibainucoin #world #asia #americas #europe #middleeast #africa #southafrica #unitedkingdom #france #brazil #argintina #mexico #spain #korea #india #germany
Uh you know in some ways that's bullish Uh you know I'm not gonna I'm not gonna Marry it uh I I don't hate it I'm not Gonna date it I'm just gonna Trade It Thank you Ada at 45 cents Ada at three dollars so Let's just zoom in on these pictures Just so we can all right yeah here's Ada You know currently hey yeah you know Here's Ada 33 cents here's Ada 30 cents Here's eight at 40 cents you wanna see Ada at three dollars give me give me Give me I need I need give me more I Want some I want to buy some meanwhile Now crickets baby it is just nothing but Crickets number of Bitcoin millionaires Double and 2023 adding over 50 000. uh Is that what a Bitcoin is I my my cousin Said you can't hold it back that looks Like a that looks like there's chocolate In there what if you ate it and it was a Seed phrase imprinted on the chocolate Oh no it melted I left it in my car all Right as we enter the second quarter of 23 Bitcoin has continued its impressive Run gaining over 80 percent year-to-date The surge in value has sparked renewed Optimism around the cryptocurrency and As a result the number of millionaires Has doubled just halfway through April Over 50 000 new Bitcoin million owners Have emerged let's see here here's uh Just breaking down the number of Addresses with dust a whole lot uh dust
To dust dust to dust all right now we're Getting to one percent one percent of a Bitcoin is going to be uh 300 so now We're getting into real range now we're Going from dust or now we're going from Thirty dollar to three hundred dollars Uh you look 10 million wallets now we're Going from 300 to 3 000 uh seven million Wallets all right three thousand to Thirty thousand God this is a really There's a high amount three million I Did not even know it was that many now We're looking at thirty to a third of a Million essentially 300K uh that is just Under a million wow 838 000 wallets and the number of wallets Between a hundred thousand and a million Four gigachad Sigma wallets there U.S Government Consolidated right so they Have one of those wallets well they're Getting rid of it now yeah yeah but I Think they're going from like 206 minus 50 so they'll still be above 100K I Think yeah uh and then uh it was gonna Be like microstrategy is a 106 ish 107 Something like that uh then what is it Gonna be like binance and coinbase I Really don't know man can you imagine Having a hundred thousand Bitcoin I Can't imagine it I would be unstoppable I would be one of Those people if I ever won the lottery It would be the absolute worst thing for All of my enemies you know they say well
It depends on what kind of wall uh Lottery so there's two types of rich People you have the fu money right That's pretty cool but then there's Another level beyond that and then that Is the now we're talking about the Billionaires that is the F me money Because it's one thing to say you know What I bought the house across the Street because I didn't like the it was Blocking my view knocked it down FM but Then there's the F me money where it's Like yeah I'll go ahead and waste 44 Billion dollars on Twitter so I can Change the uh thing to a doge you know I Don't I think long term it's going to be A good play though me you know that's You could really really start to uh go Down that rabbit hole that's I want that Type of money so if you if you won the Powerball let's say it was one of the Huge ones the huge ones I do the 600 Million walk away but what would be the First thing that you buy I know my Answer first thing I buy is probably Going to be you know I guess the Property out of the way A bunch of Bitcoin honestly that's yeah It's probably going to be a bunch of Bitcoin a bunch of Bitcoin yeah a bunch Of Bitcoin I think uh a yacht would be Pretty cool too yeah it would be great What about you that's smart so I would Immediately fly to what's your first
Purchase chat Where'd you go oh yeah yeah Uh I'll ask them where are you flying Where are you flying well I'm gonna go To fly to Wyoming and open a blind trust Okay I like it and then I will Immediately begin to buy politicians Politicians actually when you said Wyoming that's where my brain went yeah Like you can buy some pretty cheap State Wyoming politicians uh that would be Pretty cool all right yeah uh dz's hair Had cell pressure when he was younger I don't have my top GE glasses if I did I would do the rest without all right But top G Ives talk about Hope how about Hope for Bitcoin's new all-time high Bitcoin hits Above 63 000 ahead of coinbase Debut Wait a minute this is the wrong year That's right we're going back in history Baby this is this day in crypto we were At what was the all-time high is when a Coinbase also launched And Drew he kind of wanted me I could You know I could go over the the story Here but Drew kind of wanted me to throw Out my theory again wait what was that Person's name Drew no scroll down the woman the dark Suna am has she sounds like a Jedi There's there's a Jedi name like Milton Demoirs that pers the the lady who does The crypto dick butts or whatever melt
Them demors sounds like a Jedi all right All right we'll type in your favorite Jedi name all right so here's my theory On bitcoin's all-time high my theory is When it comes to real intrinsic value Bitcoin's all-time high was April 13th Not November 9th or whatever it was so The all-time I have 63 in my mind I Haven't done the real math here but in My mind the 63 000 Bitcoin had more Purchasing power and was more valuable Than the 69 000 Bitcoin so my theory is If you extrapolate the data of inflation From April to November Sixty three thousand dollars was then Worth more than sixty nine thousand Dollars because we saw those Double-digit inflations we saw though The basket of inflation Goods where it's Like 27 year over year eighteen percent Twelve percent ten percent ten percent Nine percent nine percent And then one thing would be seven Percent and then real inflation data Comes out yeah it was only 6.8 and You're like you're looking at the Numbers and you're like this doesn't Make any sense food Shelter energy these are the three main Components of what we spend our money on And then they were up 20 they were up Thirty percent and then you get your Real inflation data and it's five Percent and it's seven percent clearly
They were massaging the data to lie to You and so in my mind sixty three Thousand with that level of inflation we Were going through at that time was Worth much more at sixty nine thousand I Again I haven't done the math but if I Go back and I find a way back machine I Could buy more eggs with that Bitcoin at 63 I could buy more lumber I could buy More used vehicles I could buy a bigger House that just you you name it Chocolate bars you name it the 63 000 Bitcoin was the real top however it's Just due to inflation now of course 69 Is the top when you're looking at Fiat It's just uh that's just my two cents uh What do we got for a price prediction Man I I see your crazy schizophrenic Board behind you what Secrets have you Derived yeah so um you know I've been Doing a deep dive into uh cardano for Today for the price protection Department okay it's uh it's crazy like When you look online for Price Predictions so many websites are only Saying a dollar sixty five a dollar Ninety five a dollar fifty four cardano At four twenty twenty five that Basically projected the top of the next Bull Run and I I just feel like those Predictions are far too conservative far Too conservative I mean pardona went uh You know a little over three dollars and When it was at its all-time high it had
A market cap of 95 billion and I feel Like I mean cardano's inflation rate Isn't that bad uh BJ and I did some math On it because it kind of exponentially Decreases over time like you know how Bitcoin has a having well Bitcoin well Um cardano is having is like constantly Every day happens all the time not at Like one certain time such as Bitcoin And right now Coronado's inflation is Only 3.6 uh you know 90 of the supply Will be out by roughly 2033 with 99 Percent 10 of the supply by roughly 2049. so inflation for cardano isn't That big of a deal for say Dogecoin or Something like that so basically where We are with cardano's price prediction Is that I'm looking at a five to seven Dollar cardano I think that that has Actually it might be conservative I if It went to eight dollars I wouldn't be Surprised but I'm being I'm giving Myself a range by saying five to seven Uh with the um you know with the supply Taken into account that's going to be a Little bit higher by the time we get the 2025 uh we need 189 billion for five Dollars and 265 billion for seven Dollars like I said it's all-time high Last time was 95 billion so we're gonna Have to do about double from last time But keep in mind easy like we talked About this morning when cardano is at His all-time high last time it didn't
Have defy it didn't have nfts it didn't Have everything it has now I mean Cardano recently just hit an eighth Month eight month high on its D5 TV well Defy llama has at 161 million so I'm Super bullish on cardano moving forward Uh voltier era all that governance Giving it to the people basically Um I'm super bullish on cardano it is One of the A's in aha crypto and there's A reason for that you know I'm gonna Actually revise my conservative estimate Because we're talking ahead of time you Know I'm looking at the I think I said Six ish six seven I'm gonna actually Lower it slightly if we just shared this Chart uh you know what do you think of This rationale we we've seen this with Bitcoin especially you can kind of do The math on diminishing returns so our Previous all-time high close to a dollar Then the next all-time high was three Dollars so you're looking at I know it's Not quite exactly this it's a little Under but a 3X and so to me that kind of Gives me a Target of exactly half that Which is a 1.5 x 1.5 x from three Dollars ten cents are going to be Looking at that 460 range 470. so really Close so maybe my new Target Conservative Target not you know this is What I think I think I still think of Six seven is on the table here but maybe Conservative targets now down to 450 is
That too conservative no I think that's Completely Fair that's good rationale I Mean to be completely honest this bull Run I'm banking on a five dollar cardano I I would I'd be willing to bet money on A five dollar cardano at the top of the Next Bull Run anything after five Dollars is just bonus points free money Bonus points D-Generation X baby all Right that's all we got until next time Foreign
