WEBVTT - Professional Development: Crypto's Future: Bitcoin, Ethereum, and What's Next

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:00:28.160 --> 0:00:31.680
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:00:35.040 --> 0:00:38.920
<v Speaker 1>are here illegally, your next you will be fined nearly

0:00:39.000 --> 0:00:43.000
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:00:43.040 --> 0:00:46.680
<v Speaker 1>never return. But if you register using our CBP home

0:00:46.720 --> 0:00:50.120
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:00:50.479 --> 0:00:55.240
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>Is the collapse of FTX responsible for the suppression of

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<v Speaker 3>the crypto market and is now the time to load

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<v Speaker 3>the boat on crypto.

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<v Speaker 4>I definitely do believe that when.

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<v Speaker 3>The scandal broke out with FTX, it did have a

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<v Speaker 3>significant impact on crypto as a whole a whole if

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<v Speaker 3>you look at it, they were probably the number one

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<v Speaker 3>or number two promotional vehicle for crypto in addition to

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<v Speaker 3>being a market maker. Even though bigcoin has went up

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<v Speaker 3>a little bit over the last couple of weeks.

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<v Speaker 4>We cannot.

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<v Speaker 3>Take away the importance of Sam Bank mcfreed FTX and

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<v Speaker 3>what he meant to the crypto market.

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<v Speaker 4>So with their collapse, it did have an impact on

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<v Speaker 4>crypto and the belief overall.

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<v Speaker 3>Although the banks have been very clear have been suppressing

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<v Speaker 3>it so that they can take away all the value

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<v Speaker 3>for the next ten years. As they've ruined some markets,

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<v Speaker 3>now they see cryptos a potential exit for them.

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<v Speaker 4>So I do believe that.

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<v Speaker 3>FTX going down did have a negative impact on crypto

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<v Speaker 3>and the games that have not been present.

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<v Speaker 4>This year, we pretty much have been flat.

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<v Speaker 3>I mean bitcoin opened up at sixteen thousand and six

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<v Speaker 3>seventy five, we're at twenty two right now, but the

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<v Speaker 3>last two months have been a blood bath, and a

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<v Speaker 3>couple of year ago everyone was saying that it's going

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<v Speaker 3>to be anti inflationary and it's not tied to the

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<v Speaker 3>stock market, and we can see that it has been

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<v Speaker 3>tied a lot more.

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<v Speaker 4>But I do think now is the time to buy.

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<v Speaker 3>If bitcoin got to twenty four thousand, nine to seventeen,

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<v Speaker 3>that's the area I would want to buy in. Hopefully

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<v Speaker 3>by next year we'll be back to thirty four thousand,

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<v Speaker 3>but at that level of twenty four and some change,

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<v Speaker 3>I do like it for the long term.

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<v Speaker 4>Okay, what about ethereum.

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<v Speaker 5>What you're saying you see bitcoin at what number? I'm

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<v Speaker 5>clearing that twenty a little over twenty eight.

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<v Speaker 3>Thousand, yes, twenty If it goes down to twenty four

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<v Speaker 3>Oh okay, okay, yeah, that's where I would.

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<v Speaker 4>Want to want to buy in.

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<v Speaker 3>Yes, I like ethereum at fifteen eighty six fifty. Hopefully

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<v Speaker 3>by next year can be back to twenty seven nineteen.

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<v Speaker 3>So I think crypto will do well, unlike some shows

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<v Speaker 3>that are breaking up right now, but bitcoin and ethereum,

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<v Speaker 3>I'm long on pause for.

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<v Speaker 4>The considerable future. Yeah, yah ah, hire Man, you're fire.

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<v Speaker 5>Yeah, and you mentioned the buying time for crypto and

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<v Speaker 5>for those that are in the space. We've talked about

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<v Speaker 5>a little bit, but that bitcoin bitcoin having is happening

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<v Speaker 5>next year. I think around May or June, and so

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<v Speaker 5>is that it feels like this is that time, right

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<v Speaker 5>like if we watch bitcoin, we know this episode is

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<v Speaker 5>brought to you by P and C Bank. A lot

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<v Speaker 3>Erners.

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<v Speaker 5>works like the checkout is fast, the receipts are digital,

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:05:33.480 --> 0:05:37.280
<v Speaker 1>in Massachusetts. An MS thirteen gang member from El Salvador

0:05:37.520 --> 0:05:41.640
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:05:41.720 --> 0:05:45.600
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:05:45.720 --> 0:05:49.479
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:05:49.520 --> 0:05:53.040
<v Speaker 1>Donald J. Trump's leadership. I'm Christine Nohm, the United States

0:05:53.120 --> 0:05:57.920
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:05:57.920 --> 0:06:01.479
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:06:01.560 --> 0:06:04.760
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:06:04.839 --> 0:06:08.679
<v Speaker 1>were here illegally, you're next. You will be fine nearly

0:06:08.800 --> 0:06:12.800
<v Speaker 1>one thousand dollars a day. Imprisoned and deported, you will

0:06:12.839 --> 0:06:16.479
<v Speaker 1>never return. But if you register using our CBP home

0:06:16.520 --> 0:06:19.880
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:06:20.279 --> 0:06:25.000
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws

0:06:25.200 --> 0:06:27.640
<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 5>Bought moves in cycles, usually like a three to four

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<v Speaker 5>year cycle. And so you tell a story about when

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<v Speaker 5>you were in Asia, and that was twenty seventeen, right,

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<v Speaker 5>and so four years later, three to four years later,

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<v Speaker 5>as twenty twenty, we saw it appreciate, go up to twenty,

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<v Speaker 5>come all the way back down right during the pandemic,

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<v Speaker 5>we saw it at three thousand, shoot up to sixty,

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<v Speaker 5>pull aly back down to twenty. Are we in the

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<v Speaker 5>midst of that type of cycle happening now due to

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<v Speaker 5>the having that taken place next year? Are we right

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<v Speaker 5>at that doorstep where it was like, if we're interested

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<v Speaker 5>in crypto, we're interested in bitcoin.

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<v Speaker 4>This this is our segue.

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<v Speaker 3>Yeah, this is the time I would pick it up,

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<v Speaker 3>right before all the institutions get heavier in the space.

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<v Speaker 3>Like Larry you think it's openly talking this book about

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<v Speaker 3>how much he lives bitcoin and crypto, which is the

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<v Speaker 3>opposite of what Jamie did in twenty seventeen or twenty

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<v Speaker 3>sixteen on behalf of JP Morgan. So I think it's

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<v Speaker 3>definitely not the time to get in. Anytime you look

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<v Speaker 3>over a four or five year horizon, you're going to

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<v Speaker 3>be okay. But while it's flat here back in the

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<v Speaker 3>twenty range twenty eight thousand range, this would be a

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<v Speaker 3>good time to accumulate that xrp ethereum for the long term.

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<v Speaker 5>Yeah, this is like one of those scenarios that high

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<v Speaker 5>hide higher lows. So if sixty was the high we do,

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<v Speaker 5>we think it can go higher than that on this

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<v Speaker 5>run if all.

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<v Speaker 4>The institutions get involved in it.

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<v Speaker 3>And because market dynamics remain true in every field, what

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<v Speaker 3>pushed it up. I mean, of course on the back end,

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<v Speaker 3>like the retail environment being interested in it helped, but

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<v Speaker 3>it was really the vcas and institutions that were really

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<v Speaker 3>pushing it to go up. Notice like when they started

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<v Speaker 3>to exit around forty five and fifty, when it finally

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<v Speaker 3>got to sixty nine, it began to tople there were

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<v Speaker 3>no more buyers. In order for a market to continue

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<v Speaker 3>to go higher, you need people to buy it. The

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<v Speaker 3>thing that would help is if, of course the spot

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<v Speaker 3>ETF would help.

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<v Speaker 4>More futures trading would help. But if it became.

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<v Speaker 3>By law mandatory that it had to be implemented four

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<v Speaker 3>one K plans, that will push it to one hundred thousand.

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<v Speaker 3>The thing that will prevent us to stock market in

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<v Speaker 3>general from going through like a great depression, which we

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<v Speaker 3>will talk about later, is that there's a law that

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<v Speaker 3>certain amount of companies have to buy these stocks to

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<v Speaker 3>put them in a four one K plan or step iry,

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<v Speaker 3>so there's enough liquidity there for the stock market to

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<v Speaker 3>keep it afloat. We haven't seen something like that for

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<v Speaker 3>bitcoin yet, but hopefully in the next ten years that

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<v Speaker 3>will be there. And then if these are enrolled into

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<v Speaker 3>employment for one K plans, it'll give.

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<v Speaker 4>It a lot more volume as well. For sure.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:09:11.559 --> 0:09:15.360
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador,

0:09:15.600 --> 0:09:19.760
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:09:19.840 --> 0:09:23.720
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:09:23.800 --> 0:09:27.559
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:09:27.600 --> 0:09:31.199
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:09:31.200 --> 0:09:36.000
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:09:36.040 --> 0:09:39.600
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:09:39.640 --> 0:09:42.880
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:09:42.960 --> 0:09:46.800
<v Speaker 1>are here illegally, your next you will be fined nearly

0:09:46.880 --> 0:09:50.880
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:09:50.920 --> 0:09:54.560
<v Speaker 1>never return. But if you register using our CBP home

0:09:54.640 --> 0:09:58.000
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:09:58.360 --> 0:10:03.080
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

0:10:03.280 --> 0:10:05.280
<v Speaker 1>border and families.

0:10:04.880 --> 0:10:07.320
<v Speaker 2>Will be protected. Sponsored by the United States Department of

0:10:07.320 --> 0:10:07.959
<v Speaker 2>Homeland Security.