Get my full Bitcoin course here:
www.bitcoinuniversity.com/cou...
In this video, I discuss Samson Mow's "Bitcoin max pain" theory that suggests that BTC melting up to $1 million per coin in 2024 would cause the maximum amount of pain to the maximum number of people, who both hold and don't hold BTC.
I also discuss Veblen goods, thin order books, and how you don't need $1 trillion to enter an asset in order for it to increase in market cap by $1 trillion.
Bitcoin's inelastic supply makes it especially prone to short squeezes.
Not investment advice! Consult a financial advisor.
Samson Mow:
/ excellion
www.coindesk.com/business/202...
/ jan3com
/ aquabitcoin
Samson's million dollar Bitcoin tweet:
/ 1744519270581875081
/ 1744555288257261828
Veblen good:
en.wikipedia.org/wiki/Veblen_...
Hunt brothers cornering silver:
en.wikipedia.org/wiki/Silver_...
Adam Back on the Bitcoin bull in the china shop:
/ 1745425961481302212
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
#crypto
Disclaimer
Neither Bitcoin 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 providing investment, financial, legal, or tax advice, and nothing in this video, on this KZitem channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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