Max Keiser: Bitcoin’s going to be worth a trillion dollars soon!

[allthingsluxury]

Max and Stacy discuss the Trump administration starting some trade wars - from renegotiating Nafta to looking at China’s treatment of ‘intellectual property’. They also discuss the trillions in unexploited mineral resources in North Korea.

In the second half Max interviews Dan Collins of TheChinaMoneyReport.com to discuss the ‘Doklam Transgression’ and the ‘Line of Actual Control’. The media has largely ignored the confrontation between India and China but will they notice if a hot war breaks out?



Click here to watch this video:

http://goldsilvernews.blogspot.ca/2017/08/bitcoins-going-to-be-worth-trillion.html

[Hydrogen]

These predictions aren't worth much unless they make a disclaimer where they guarantee they're not invested in what they're promoting.

Usually when people make predictions like this, it means they're holding a lot of something. They make public predictions to drive prices higher and make their profits.

This could mean Max Keiser is holding a lot of btc at the moment & he says this hoping people will buy btc to make his profits for him.

[Bitcoinaire]

Max has been dead on for a while with cryptos, and another 10x or so will make a $trillion, NBD.

[Pursuer]

ever since bitcoin price started going up, everyone became bitcoin speculation expert and they come up with numbers as if it is a competition to see who can give the biggest number. the funny part is that they all become silent as soon as bitcoin takes a dive or the rise stops of whatever.

I always say these "predictions" are only worth something if they talk about them when price is falling not after a big rise and when everyone is happily buying.

[Denker]

He spoke of Bitcoin's market cap, just to make that clear. But in another interview which can viewed on youtube also, he said that Bitcoin will be worth $100k each!! He didn't mentioned any time frame he expects that to happen by the way, but he beilieves these numbers are possible. Max is covering Bitcoin since many many years now. He has been one of the first guys out there from the media landscape doing so and has known figures of the industry as guests on a regularly basis.

[magneto]

He is known to be an extreme bull of bitcoin, so always take his predictions with a grain of salt.

I sort of agree with him that in the long term, bitcoin's worth is going to be really infinite in fiat terms. This is because fiat does not hold any intrinsic value because the government can always abuse their power to print more, while bitcoin can't be abused like this.

I don't agree with how he says it, he seems like a coverage hungry guy tbh just making up figures wherever he goes. I doubt that btc is going to suddenly be worth a sizeable fraction of the world monetary supply any time soon, but if given enough time(we're talking about decades here, not months or years), this is more than achievable.

[xypos]

Well he is indeed known for predicting things like that.

Whether "soon" is a month, a year, or a decade is up for debate. He has not made it clear when it is going to be, so it is really ambiguous.

1 trillion market cap will eventually occur as fiat inflates itself to another financial crisis, but i don't think that it is as easy as what Mr. Keiser is making it sound like. It'll essentially require the bitcoin price to be around $50,000 - 60,000 forit to have a 1 trillion dollar market cap, which is a far cry from reality right now at least.

Don't take this stuff as investment advice, he is extremely biased obviously.

[kumiskura]

hmmm max ?
i remember when he said START coin will be worth $1 one day,
and after that a huge crash happen,
because of that i don't believe him anymore,

[allthingsluxury]

These predictions aren't worth much unless they make a disclaimer where they guarantee they're not invested in what they're promoting.

Usually when people make predictions like this, it means they're holding a lot of something. They make public predictions to drive prices higher and make their profits.

This could mean Max Keiser is holding a lot of btc at the moment & he says this hoping people will buy btc to make his profits for him.

Max Keiser has been involved with BTC since nearly the beginning of the movement. Past results are not an indication of future results however. Who knows what will happen. No one.

[The Sceptical Chymist]

I didn't believe Max Keiser's absurd gold predictions back in 2013-14, and I'm not buying anything he says these days.  He likes media attention,  and he discovered that if he's a permabull on certain commodities,  he gets a lot of press by predicting prices are going to the moon.   And that's exactly what some people want to hear.   But make no mistake,  he's a charlatan.

[Pab]

Max Kaiser is Russia muppet,working for Russia Today,it is not guy to follow,trilions dollars,it is dollar and usa final crash,he can say the same about rubel

[SONG GEET]

I will not say that this is just another bullshit and is not possible, bitcoin can reach to trillion dollar price but it might take few decades and by that time max keiser will not be alive like many of us. So this predictions doesn't have  any significance on actual market.

[J. Cooper]

I think the marketcap will be worth a trillion dollars at some point but I don't think it will be 'soon'. To me soon is anything between next month and 6 months. If he would be right I would be very worried because multiplying the current marketcap times ten in under 6 months just sounds unsustainable.

[kwukduck]

Max Keiser is one of the big whales in Core coin. He is estimated to hold around 20.000 to 50.000 btc.
In the past he has been caught lying about many things. Be very wary of his advice!

[dealung]

Anyone can make predictions, I appreciate that. Differences of opinion is common and there are pros and cons.
Even so, I really enjoy the bitcoin price today, than it used to be 2 or 3 years ago.
I hope all the predictions happen and everyone is lucky.

[Victorycoin]

Anyone can make predictions, I appreciate that. Differences of opinion is common and there are pros and cons.
Even so, I really enjoy the bitcoin price today, than it used to be 2 or 3 years ago.
I hope all the predictions happen and everyone is lucky.

That is right, it is every bitcoiner's dream to see Bitcoin hovering over the moon and we pray it happens in our life time. However what is fact is that people's success through Bitcoin is not necessarily tied to its landing on the moon. As is, people are already benefiting immensely the impressive price, getting to the moon would turn out more bonus.

[pitham1]

I think the marketcap will be worth a trillion dollars at some point but I don't think it will be 'soon'. To me soon is anything between next month and 6 months. If he would be right I would be very worried because multiplying the current marketcap times ten in under 6 months just sounds unsustainable.

That is true. Expecting Bitcoin to go up 10x in a year is expecting too much. But, if we look at the last 1.5 years, BTC has risen from $300 to over $4000 now, that is a gain of more than 10x. But expecting that to repeat itself in the next 1 year is asking for too much.

[allthingsluxury]

I think the marketcap will be worth a trillion dollars at some point but I don't think it will be 'soon'. To me soon is anything between next month and 6 months. If he would be right I would be very worried because multiplying the current marketcap times ten in under 6 months just sounds unsustainable.

That is true. Expecting Bitcoin to go up 10x in a year is expecting too much. But, if we look at the last 1.5 years, BTC has risen from $300 to over $4000 now, that is a gain of more than 10x. But expecting that to repeat itself in the next 1 year is asking for too much.

100% it is and honestly, completely unhealthy for any market. We want sustainable, long term growth that doesn't turn off a massive portion of the population due to a bubble crash.

[Kp4everK]

I think the marketcap will be worth a trillion dollars at some point but I don't think it will be 'soon'. To me soon is anything between next month and 6 months. If he would be right I would be very worried because multiplying the current marketcap times ten in under 6 months just sounds unsustainable.

That is true. Expecting Bitcoin to go up 10x in a year is expecting too much. But, if we look at the last 1.5 years, BTC has risen from $300 to over $4000 now, that is a gain of more than 10x. But expecting that to repeat itself in the next 1 year is asking for too much.

100% it is and honestly, completely unhealthy for any market. We want sustainable, long term growth that doesn't turn off a massive portion of the population due to a bubble crash.

Why do you think that a sharp increase in the price of a crypto currency is a bubble? Bitcoin is an amazing coin that can rise sharply and it will be stable. Just people can not get used to this yet

[The_Dark_Knight]

He spoke of Bitcoin's market cap, just to make that clear. But in another interview which can viewed on youtube also, he said that Bitcoin will be worth $100k each!! He didn't mentioned any time frame he expects that to happen by the way, but he beilieves these numbers are possible. Max is covering Bitcoin since many many years now. He has been one of the first guys out there from the media landscape doing so and has known figures of the industry as guests on a regularly basis.

The prediction about bitcoin market cap reaching 1 trillion is the lower prediction since bitcoin will have to grow 15 times, while the prediction about the price of bitcoin reaching 100k will need bitcoin to grow about 25 times in market cap, both of them are very high but the easier one to reach is the prediction of 1 trillion dollars in market cap.