NO MORE BITCOIN LEFT!!!!

Davinci Jeremie
20 Apr 202419:19

TLDRIn this video, DaVinci Jeremy and Mr. Maritzio discuss the impending Bitcoin shortage and its potential impact on the market. They highlight that Bitcoin supply on exchanges is rapidly depleting, which could lead to a significant price increase as demand outpaces supply. The conversation touches on the recent ETF run-up, the behavior of institutional investors, and the importance of patience for those looking to invest in Bitcoin. They also caution against trying to time the market, emphasizing the need for a long-term perspective. The video concludes with an invitation to join their community on Coin W for further discussions and trading signals.

Takeaways

  • 📉 The Bitcoin supply on exchanges is rapidly diminishing, potentially reaching depletion within the next nine months according to an analysis by Bybit.
  • 🚀 Bitcoin is becoming scarcer, and the demand from institutional players is increasing, which could lead to a significant price increase.
  • 💰 Grayscale's GBTC has sold over 50% of its Bitcoin holdings since January 11th, indicating a strong market demand for Bitcoin.
  • ⏳ As Bitcoin becomes less available, retail investors might start to enter the market, similar to the situation in December 2017.
  • 🧙‍♂️ Market manipulation through ETFs is suspected, where large players might borrow Bitcoin to sell into the market and push prices down to create buying opportunities.
  • 📈 Bitcoin's price is nearing an all-time high, and with the decreasing supply, the potential for a significant price jump is high.
  • 🤑 The speaker suggests that consistently accumulating Bitcoin over two market cycles (eight years) using a DCA (Dollar-Cost Averaging) strategy could be profitable.
  • 📈 The speaker is excited about the upcoming months, expecting an 'explosion' in the Bitcoin market due to supply and demand dynamics.
  • 💸 The speaker advises against selling Bitcoin at the current high prices, as there might be a strategic push down in price by market manipulators to induce selling.
  • 🛡️ The risk of network issues with Bitcoin is considered very low, and the speaker encourages buying and holding Bitcoin for the long term.
  • 📱 The speaker promotes signing up for their group on Coin W for trading signals and to be part of a community discussing Bitcoin and trading strategies.

Q & A

  • What is the main topic of discussion in the video transcript?

    -The main topic of discussion is the impending Bitcoin shortage and its potential impact on the market.

  • Why is there a concern about Bitcoin running out on exchanges?

    -The concern arises because the available Bitcoin supply on exchanges is rapidly diminishing, which could lead to a scarcity and subsequent increase in value.

  • What does the term 'Bitcoin having day' refer to in the context of the transcript?

    -'Bitcoin having day' is a playful term used to highlight the day when Bitcoin supply is particularly low, making it even more challenging for institutional players to buy.

  • What is the current status of Bitcoin treasuries like Grayscale or GBTC?

    -Grayscale or GBTC has almost completed selling off a significant portion of its Bitcoin holdings, which has contributed to the overall reduction in Bitcoin supply on the market.

  • Why might institutional investors be interested in buying Bitcoin?

    -Institutional investors might be interested in buying Bitcoin due to its potential as a store of value, digital scarcity, and as part of a diversified investment portfolio.

  • What is the significance of the retail market in the context of Bitcoin?

    -The retail market signifies the broader public's involvement in Bitcoin trading. When retail investors start actively participating, it indicates a high level of market interest and can drive further price increases.

  • What advice is given regarding buying Bitcoin for long-term investment?

    -The advice given is to be patient, consistently accumulate Bitcoin over time, and avoid trying to time the market or sell at the peak, as this can lead to losses if not done correctly.

  • How does the speaker suggest one can accumulate Bitcoin?

    -The speaker suggests using a platform like Coin W and the referral code 'davincij15' to consistently accumulate Bitcoin over time.

  • What is the potential strategy that institutional players might use to acquire more Bitcoin?

    -The potential strategy includes borrowing Bitcoin from ETFs and selling them into the market to push the price down, creating an environment where retail investors might sell, allowing the institutions to acquire more Bitcoin.

  • What is the speaker's view on the risk associated with investing in Bitcoin?

    -The speaker believes the risk associated with investing in Bitcoin is very low, comparing it to the probability of an asteroid hitting the planet, and suggests that betting against Bitcoin at this point would be unwise.

  • What is the importance of the live stream and chat group mentioned in the transcript?

    -The live stream and chat group provide an interactive platform for members to ask questions directly, receive trade signals, and engage with a community of like-minded individuals interested in Bitcoin.

Outlines

00:00

📈 Bitcoin Supply Diminishing on Exchanges

The first paragraph discusses the impending Bitcoin shortage and the potential impact on the market. DaVinci Jeremy and Mr. M discuss their experiences in Dubai and the recent storms. They highlight that Bitcoin supply on exchanges is rapidly depleting, which could lead to a significant price increase. They also mention the Bitcoin 'having' day and the reduction in available Bitcoin for institutional players. The conversation touches on the decrease in GBTC shares and the implications for Bitcoin accumulation by large investors like Black Rock.

05:01

🤑 Institutional Accumulation and Retail Entry

The second paragraph focuses on the difficulty institutional investors face in acquiring large amounts of Bitcoin, known as 'size', and the potential for retail investors to sell their holdings. The discussion includes the depletion of Bitcoin on exchanges since the 2020 peak and the current price nearing an all-time high. The speakers predict an 'explosion' in the market due to supply not meeting demand and suggest that retail investors are not yet fully involved in the market.

10:02

💰 Bitcoin Investment Strategies and Market Manipulation

The third paragraph explores the concept of Dollar-Cost Averaging (DCA) into the Bitcoin market and the potential long-term benefits of consistently accumulating Bitcoin over two market cycles, which equates to eight years. The discussion also warns against the risks of trying to time the market and the importance of having 'diamond hands'—holding onto investments during market volatility. The paragraph concludes with an invitation to join a trading group on Telegram for further insights and community engagement.

15:05

📉 Market Manipulation and Emotional Trading

The fourth and final paragraph delves into the tactics used by industry players to manipulate the market, such as borrowing Bitcoin from ETFs to sell and create a downward pressure on prices. The speakers caution against emotional trading and the dangers of trying to 'catch a falling knife.' They emphasize the importance of patience and securing one's Bitcoin investment, suggesting that betting against Bitcoin at this point is unwise due to its low network risk. The paragraph ends with a reminder to join their Telegram group for live discussions and trade signals.

Mindmap

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency that operates without a central bank or single administrator. It was the first cryptocurrency to have gained widespread adoption and has become a popular asset for investment and a means of transferring value. In the video, Bitcoin is discussed in the context of a potential shortage as it is 'running out on the exchanges,' indicating a scarcity that could drive up its value.

💡Exchanges

In the context of the video, exchanges refer to online platforms where cryptocurrencies like Bitcoin are bought and sold. The script mentions that the supply of Bitcoin on these exchanges is rapidly diminishing, which could lead to increased demand and higher prices for the cryptocurrency.

💡Bull Market

A bull market is a financial term used to describe a condition in which securities prices are rising or are expected to rise. The video suggests that the current market for Bitcoin is a bull market, implying that the price of Bitcoin is increasing and is expected to continue doing so.

💡Depletion

Depletion in this context refers to the gradual reduction of the available supply of Bitcoin on exchanges. The video discusses a potential depletion within the next nine months, which could lead to a situation where there is not enough Bitcoin to meet the demand.

💡Institutional Players

Institutional players are large financial organizations or entities that participate in the market. The video suggests that these players are interested in buying Bitcoin, and the scarcity of Bitcoin on exchanges could make it more difficult for them to acquire large amounts.

💡ETF (Exchange-Traded Fund)

An ETF is a type of investment fund and exchange-traded product, with shares that are tradeable on a stock exchange. The video mentions the role of ETFs, specifically GBTC, in the sale and accumulation of Bitcoin, indicating how these financial instruments can influence the market dynamics of Bitcoin.

💡Scarcity

Scarcity refers to the state of being scarce or insufficient in quantity. In the video, scarcity is associated with the decreasing supply of Bitcoin on exchanges, which could increase its value due to the limited availability relative to the demand.

💡Fiat

Fiat money is a type of currency that is not backed by a physical commodity, such as gold, but rather by the government that issued it. The video contrasts Bitcoin with fiat currencies, noting that Bitcoin cannot be 'printed' like fiat money, emphasizing the limited supply of Bitcoin.

💡Retail Investors

Retail investors are individual investors who buy and sell securities for their personal accounts, rather than for a business or institution. The video discusses the potential impact of retail investors on the Bitcoin market, suggesting that widespread retail interest is a sign of a market peak.

💡DCA (Dollar-Cost Averaging)

DCA is an investment strategy where an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. The video suggests that consistently accumulating Bitcoin through DCA could be a prudent strategy for investors.

💡Market Manipulation

Market manipulation refers to the act of artificially inflating or deflating the price of a security or commodity. The video discusses the possibility of industry players manipulating the Bitcoin market by using ETFs to borrow and sell Bitcoin, thereby influencing its price.

Highlights

Bitcoin shortage is predicted to occur within the next nine months according to a Monday analysis by Bybit.

Bitcoin supply on exchanges is rapidly diminishing, potentially leading to scarcity.

The speaker suggests that Bitcoin is being pushed down in price by some entities to accumulate more coins.

Grayscale's GBTC has almost completed selling its Bitcoin, which could impact the market dynamics.

DaVinci Jeremy and Mr. Maritzio discuss the potential for a wild market ride as Bitcoin becomes scarcer.

They mention that institutional players like Black Rock are looking to accumulate Bitcoin.

The speakers believe that the Bitcoin price is approaching an all-time high and that demand will continue to outstrip supply.

A discussion on the potential for retail investors to enter the Bitcoin market in a significant way.

The importance of patience in the Bitcoin investment process is emphasized.

DaVinci Jeremy shares his experience with retail investors buying Bitcoin at the top of the market in 2017.

The speakers discuss the emotional aspect of the market and how it can be manipulated by large players.

A strategy for consistently accumulating Bitcoin over two market cycles (eight years) is suggested.

The risk associated with Bitcoin is considered to be very low, akin to an asteroid hitting the planet.

The possibility of Bitcoin commercials increasing public awareness and interest in the cryptocurrency.

The potential for a Bitcoin 'halo effect' as more people become interested in the cryptocurrency.

The speakers predict an 'explosion' in the Bitcoin market in the next few months due to supply and demand dynamics.

A live Q&A session is announced for members who sign up under a specific referral code on Coin W.

Technical analysis of Bitcoin's price action, suggesting a possible retest of the 38.2% Fibonacci level.

The discussion includes a warning against trying to 'catch a falling knife' in the market, emphasizing the importance of timing and strategy.