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Bitcoin is WINDING UP for the next big price increases, and NOBODY IS PAYING ATTENTION!

Published April 15, 2025
Joel Bomgar
by Joel Bomgar
YouTube Video Transcript
00:01 Hey everyone. It feels like Bitcoin is 00:03 winding up for the next major moves up 00:06 and also that nobody is paying 00:08 attention. Um, as usual at times like 00:11 this, which are great buying 00:12 opportunities for Bitcoin, everyone 00:14 seems distracted and almost nobody's 00:16 paying attention to what Bitcoin is 00:18 doing. Of course, I am because I'm 00:20 always paying attention to what Bitcoin 00:21 is doing. And uh, behind the scenes, all 00:24 of the people that are paying attention 00:26 are acquiring huge amounts of Bitcoin. 00:28 So when Bitcoin first started, the 00:30 initial people who bought Bitcoin were 00:32 average people like you and me. Uh they 00:34 tended to be techy people that were into 00:37 um the you know new technologies and 00:39 things like that. Uh which was really 00:41 beautiful because it meant that the 00:43 Bitcoin ownership was much more skewed 00:46 uh toward individuals as opposed to 00:49 governments or companies or things like 00:51 that. As Bitcoin has gotten larger and 00:53 larger and started to move more into the 00:56 mainstream though, the businesses and 00:58 governments and entities are moving more 01:02 quickly than adoption in general, which 01:05 of course is, you know, inevitable, but 01:08 also, you know, not my preferred way it 01:10 plays out because I would rather uh, you 01:14 know, regular people like you and me 01:17 have as much Bitcoin as possible of the 01:19 total uh, supply of 21 million. 01:21 as compared to the Bitcoin being uh you 01:24 know majority owned in the long term by 01:27 corporations or businesses or uh other 01:30 legal entities. So why is this playing 01:33 out the way it is? Well, the answer is 01:35 because every stock or bond or you know 01:38 commodity or money in the case of 01:41 Bitcoin they all go through periods 01:43 where it's boring. The price is boring. 01:46 Um for example in Bitcoin you had it was 01:49 launched in 2009. Um the first big price 01:52 run was 2011 uh 2010 2011 and then 2012 01:57 was a relatively boring year by 01:60 comparison. Uh then you there was a huge 02:02 rally in 2013 but 2014 2015 and 2016 02:07 there were long periods in that 02:09 threeyear span of time in 2014 15 and 16 02:14 well the price was maybe a h 100red 02:15 bucks or whatever it was that nothing 02:17 seemed to be happening which means the 02:19 numbers that you should be paying 02:21 attention to were the adoption of 02:23 Bitcoin. To what degree are uh people 02:25 and entities and corporations adopting 02:28 Bitcoin? And if you look under the 02:30 surface, there was a huge amount of 02:32 adoption of Bitcoin in 2014 16, sorry, 02:35 2014, 2015, and 2016. Um, but the price 02:39 for, you know, relatively long periods, 02:41 months at a time, seemed, you know, not 02:43 to change much. Same between there was a 02:46 huge price rally in 2017. Each of these 02:48 rallies pushing Bitcoin to far above uh 02:51 the previous all-time highs. And then 20 02:54 uh after 2017, 2018, 2019, and most of 02:57 2020 were pretty boring. So you had 02:60 about 2 and 1/2 years where for most 03:02 people it just felt like nothing was 03:03 happening. 2018, 2019, and half of 2020. 03:07 Um and then after the huge price rally 03:09 in 2021, you know, there was 2022 is a 03:12 down year and then it started marching 03:14 up in 2023, 2024, and now in 03:18 2025. Um so we're sitting at about 80, 03:21 what is it? 86,000 a coin and uh here we 03:26 are almost nobody's paying attention. 03:28 People are bored. Um but behind the 03:30 scenes there's a huge amount of 03:32 adoption. Uh Micro Strategy just bought 03:34 another $250 million. Uh GameStop just 03:37 issued $1.3 billion uh of corporate debt 03:41 to buy Bitcoin. Like there's all these 03:43 people buying Bitcoin in the background, 03:46 but the price is not moving that much. 03:49 So what does that mean? Well, it means 03:51 they are buying that Bitcoin off of 03:53 regular people who are dumb enough to be 03:56 selling it to them because they don't 03:58 own they don't know what they own. So, 04:00 most of the Bitcoin that is being bought 04:02 by Micro Strategy or by GameStop or by 04:06 people like me because I just took my 04:08 total allocation of my liquid assets to 04:11 100% Bitcoin. Uh, last week it was at 04:14 99%, I went ahead and moved it to 100% 04:17 Bitcoin. Um, so people like me are 04:20 buying more Bitcoin. Well, who is 04:22 selling it? Well, unfortunately, the 04:24 people who are selling it are people 04:26 that just don't understand what they 04:27 hold. They're not paying attention. 04:29 They're not focused on the underlying 04:31 value, and they're not focused on the 04:33 underlying adoption. They don't realize 04:35 that behind the scenes, Bitcoin is 04:38 slowly marching to take over as the 04:41 monetary system of the world. And so, 04:43 you know, maybe they got all excited for 04:45 a minute. They bought Bitcoin at, I 04:47 don't know, 95,000 a coin, 106,000 a 04:50 coin, you know, whatever it was. They 04:52 bought some and then then it went down 04:55 and then they got bored and now they're 04:57 selling it and then they think, "Ah, 04:59 that was that was a loser. I got in 05:00 right at the end of the party. I missed 05:02 the boat and uh showed up showed up 05:04 late, got all euphoric, bought Bitcoin 05:07 above 100,000 a coin, and now they're 05:09 selling it for$ 86,000 a coin." Well, if 05:12 they just held on to it, it would be 05:13 worth way more than $100,000 per coin. 05:16 And if they held on to it, it would make 05:18 all of these people who are buying right 05:19 now pay a significantly higher price. 05:22 But as long as there's people willing to 05:24 sell Bitcoin at $86,000 per coin, nobody 05:27 in the world has to pay more than that. 05:29 If somebody's willing to sell at that 05:31 price, then the buyers will always buy 05:34 uh the cheapest Bitcoin that they can 05:37 buy. uh and the sellers will always sell 05:39 at the highest price they can get. But 05:41 right now the price that the uh supply 05:44 and demand are meeting is right at 05:46 about$86,000 a coin which means there 05:49 for every single buyer at $86,000 a 05:51 coin. There is a seller at $86,000 per 05:54 coin. So that means somewhere in the 05:56 world some normal person some regular 05:59 person is you know uh unfortunately 06:03 parting with Bitcoin they had acquired 06:06 and it is being scooped up by 06:08 corporations and governments and high 06:10 netw worth individuals. So how is this 06:12 all going to play out? Well, what's 06:14 eventually going to happen is there will 06:16 be a massive uh increase in the money 06:19 supply by the Federal Reserve. Now why 06:21 do I know this is going to happen? 06:22 Because it has to happen. uh it is 06:24 mathematically impossible to sustain the 06:27 current debt load of the United States. 06:29 The only thing that literally can happen 06:32 is at some point the United the uh 06:34 Federal Reserve has to print vast 06:36 quantities of money to keep the system 06:38 from crack the the whole system from 06:40 basically uh you know house of cards 06:42 coming down. So there's a 100% chance 06:44 they will do that and the question is 06:46 how much Bitcoin will you own before 06:48 that happens versus after that happens. 06:51 So, let's say sometime in the next, I 06:53 don't know, year, two years, however 06:54 long it takes, maybe it's six months, at 06:56 some point the Federal Reserve is going 06:58 to massively open the gushers of the 07:01 money printers, and Bitcoin is going to 07:03 run from $86,000 per coin to hundreds of 07:06 thousands of dollars per coin. And once 07:10 again, everybody will feel like they 07:11 missed out. They got there late to the 07:13 party. That if they were going to buy 07:15 Bitcoin, they should have bought it 07:16 before now. And if people are continue 07:19 to part with Bitcoin, then ultimately 07:22 Bitcoin is the the the greatest 07:24 potential to eliminate uh wealth 07:27 inequality because it's the first asset 07:29 in the world that anyone in the world 07:30 could buy all at the same time with 07:33 equal opportunity based on how much 07:35 money they had. Um lots of other assets, 07:38 for example, privately held companies 07:40 cannot be purchased by average people. 07:42 Uh in the case of Prosper where I serve 07:44 as president um we are a privately held 07:46 company. That means we are not publicly 07:48 traded on the stock market. And because 07:50 we are not publicly traded on the stock 07:51 market, you have to have a net worth 07:53 according to the security and exchange 07:55 uh commission, the SEC, the laws of the 07:57 United States require you to have a net 07:59 worth of more than $1 million excluding 08:03 the value of your house. So you 08:06 literally cannot invest in privately 08:08 held companies in the United States 08:10 unless your net worth is above $1 08:12 million excluding your house. So most a 08:16 huge portion of investments are like 08:18 that that there's really no easy way for 08:21 regular people to gain access to them. 08:24 Bitcoin is the first example that I know 08:26 of in history where it's super easy for 08:29 anyone to buy Bitcoin and you don't 08:32 there's no requirement on net worth. Uh 08:34 there's no requirement. Hold on one 08:36 second here. There's a bunch of noise. 08:38 Um there's no requirement on net worth 08:40 to buy Bitcoin. You don't have to be an 08:42 accredited investor. You know, there's 08:44 not a minimum requirement. You can 08:45 literally buy $1 of Bitcoin if you want 08:48 to buy $1 of Bitcoin. So, it's this 08:51 amazing asset that has the ability to do 08:54 more to eliminate wealth inequality than 08:56 literally anything else. But that 08:59 presumes that regular people actually 09:02 buy Bitcoin and they don't just turn 09:04 around and sell it when it's down to 09:07 corporations and, you know, institutions 09:10 and, you know, hedge funds and all of 09:13 that. If those people do that, if those 09:15 people are constantly buying, you know, 09:17 in euphoria and then selling, then 09:21 what's going to end up happening is a 09:22 large percent of the Bitcoin is going to 09:24 end up being owned by corporations or um 09:28 hedge funds or governments or things 09:30 like that. And then one day the regular 09:32 people will wake up and say, "Why is 09:34 there so much wealth inequality in the 09:36 world?" And the answer is because you 09:38 sold your Bitcoin or you did not buy 09:40 Bitcoin in the first place. like now is 09:43 the time to fix wealth inequality by 09:46 regular people buying Bitcoin and not 09:48 selling Bitcoin. Uh but alas, you know, 09:52 humans humans are humans and humans do 09:55 what humans do and unfortunately 09:57 sometimes that involves doing things 09:59 that uh you know people regret. So right 10:02 now um Bitcoin should be valued at way 10:05 more than 10:06 $86,000 based on the adoption by 10:08 institutions, hedge funds, businesses, 10:11 high net worth individuals. All of that 10:13 is marching around along beautifully. 10:15 The adoption of Bitcoin, you know, by 10:18 every metric is amazing. The only metric 10:21 that is not amazing right now is the 10:23 price. And the only reason the price 10:25 metric is not amazing is there are too 10:27 many people that do not understand what 10:29 Bitcoin is. but bought some of it and 10:32 are now selling it. They bought it in 10:33 the euphoria above $100,000 per coin. 10:36 They are now selling it because they do 10:38 not own they do not understand what they 10:39 own. And of course, buyers only have to 10:42 pay the price at that the sellers are 10:44 willing to part with their Bitcoin for. 10:45 So, if they're willing to sell it at 10:46 86,000, that's the price of Bitcoin. So 10:50 uh I think Bitcoin could do a huge 10:52 amount for the world to solve wealth 10:55 inequality to level the playing field 10:57 and to uh you know make make everything 10:60 about people's existence easier and 11:02 better but it involves more people 11:04 adopting Bitcoin and it involves the 11:06 people who have bought some Bitcoin not 11:08 selling it. Um which apparently is what 11:11 a lot of them are doing right now. So 11:13 great time to buy Bitcoin. Bitcoin is 11:14 still on sale. At some point there will 11:16 be a radical increase in the price of 11:18 Bitcoin. And the question is how much 11:20 will you own before that radical 11:22 increase happens as compared to after 11:25 that radical increase happens? Because 11:27 after that radical increase happens, 11:29 you're going to have to pay a whole lot 11:30 more for the same amount of Bitcoin. So 11:33 have a great day everyone. effects.

Disclaimer:

The content provided in this post is for educational purposes only. It should not be considered financial, investment, or trading advice. I am not a licensed financial advisor, and all opinions expressed are my own. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Investing in Bitcoin or any other assets carries risk, and you should never invest more than you can afford to lose.

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