Will Bitcoin Hit $1 Million? | Markets Daily

JAN3 CEO Samson Mow joins CoinDesk to discuss the indicators impacting bitcoin's price from stablecoin AUM and interest payments on debt to ETF demands and corporate players like MicroStrategy. Plus, insights on the increasing scarcity of bitcoin and why it may send BTC price soaring.

This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

Timestamps:
00:00 Cold Open
00:24 Intro
01:20 3 Key Bitcoin Market Indicators to Watch
02:06 What Stablecoin AUM Means for Bitcoin Price
03:56 MicroStrategy and Market Sentiment
05:58 Bitcoin's Long-Term Value
10:00 Nation State Adoption of Bitcoin and Centralization Concerns
14:20 Bitcoin's Scarcity and Future Predictions

#cryptocurrency #digitalfinance #finance #bitcoin #crypto

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

[SargisFarter]

Sensitization and awareness against crypto SCAM is something that's not done ENOUGH by creators.

[Sandra-gvl]

Hit $200k today, Thanks for the knowledge and nugget you have thrown my way over the last month, started with $14, 000 in last month 2024...

[BraunRob]

The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future..

[firehorse]

"i cannot confirm nor deny", that was the most telltale sign of the entire conversation ! 😂😂😂

[Crypto-addiction]

Great video! I really enjoyed the deep dive into how the Fed's potential rate cut could impact Bitcoin and other risk assets. The key takeaway for me was that a 50 basis point cut might not necessarily be bullish, as it could signal deeper economic concerns. Thanks for breaking this down so clearly—appreciate the insights! Keep up the great work!

[genesis]

I love when Bitcoin is at low prices. I don’t care about the USD value I just want more BTC.

[mattydee]

Great discussion about Bitcoin. Well done 🥂 I love Samson's omega 👍

[DonaldMark-nese]

Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.

[littlebitmckee]

Capture the sentiment about price! if you have been in this space long enough… You’re obviously happy when it goes up but because we believe in a long-term value, we are actually more happy when the price stays low because of buying opportunities.

[Ginni-xftc]

If I need to choose top 3 AI coins, my picks are FET, INJ and CRX (Cortux), not in that particular order

[MrsAwais-ht]

Crypto All Stars' virtual reality movie premieres are next-level. 🎬🌟

[datruflache-dtyc]

Top tier presale just begun. I think Cortux is one of the most promissing projects year to date.

[samdavidceres]

I agree the price should be much higher, but why did it drop from 73k to 50k?

[dcormack]

10 minutes is too long to wait. A fax machine is faster.

[TheBitcoinBlock]

buy all the bitcoin while you can with fiat (before its off exchange and mining it directly is the only way to get it.)

[Lucia]

e-tuk tuk could drive forward sustainable transportation for all. 🚗💚

[eddiebeer]

As the price rises to these what now seem astronomical figures, Bitcoin will become available from people that are hodling now. Especially ' retail ' investors. Bitcoin needs to have more adoption by everyday people to become actual currency rather than just a store of value. If it is just a store of value and not everyday currency used by many people that are now using fiat, bitcoin will never achieve it's true potential, which is not just a store of value, but true freedom money that so many of us maxis got involved with and bought bitcoin to begin with. Great guest!

[ninola]

His Second ponit was INDEED ETF Demand ...She said it wasnt.

[charmcrypto]

Man, if Bitcoin really hits $1 million, holding onto it long-term is gonna be a wild ride, especially with rate cuts possibly shaking things up. I’ve been looking into a crypto IRA through My Digital Money—feels like a safer way to ride out all this volatility. Curious if anyone else has considered that for their crypto stash?

[jaysjaysjays]

1 million this or next year won’t happend. Maybe in 8-10 years. But yeah bitcoin is great!