Category Archives: Keiser Report

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Max Keiser: Crypto Spring, Bitcoin Nirvana are Here

Max Keiser: Crypto Spring, Bitcoin Nirvana are Here

The host of RT’s Keiser Report, Max Keiser, who has been on the crest of the bullish sentiment surrounding Bitcoin in recent weeks and months, has reiterated that “crypto spring is here” and “Bitcoin nirvana” is happening all around us.

In his latest edition of the Keiser Report, he shed all doubts any longer that the so-called crypto winter of flailing digital asset prices had well and truly gone, saying:

“It’s just bleeding right into our lives we can hear the lawnmowers outside in there getting ready for crypto summer and then crypto fantasia crypto parallel dimension and the Bitcoin nirvana it’s all happening, it’s all happening, right now.”

During the show, he also opined that there was a current “deglobalization” of the global economy as a result of the ongoing uncertainty and volatility in various economies, and people are realizing that there “was no way to hedge against that”.

Alongside Keiser, blockchain influencer Stacy Herbert chimed in that as deglobalization pervades the economy, Bitcoin would appear to be a natural choice for diversification or risk hedging.

With the US and China trade wars intensifying, they even referenced another period of deglobalization in the last century, which was the prelude to two major global wars.

Keiser had reflected that Bitcoin’s ability to “respond well to hyperinflation and hyper-money printing” would place it at an ever-rising status among asset classes. He predicts a price of USD 100,000 is an eventuality.

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Max Keiser: Bitcoin Fundamentals Support $100,000 Valuation

Max Keiser_ Bitcoin Fundamentals Support 0,000 Valuation

Amid the strongest Bitcoin rally in months, Bitcoin permabull and host of the Keiser Report has reiterated his prediction of a USD 100,000 Bitcoin, saying that strong Bitcoin fundamentals are in fact backing up this six-figure valuation.

As Bitcoin reaches its highest point for ten months, Keiser told Kitco News also that the stagnant policies of the US Federal Reserve will trigger a domino effect on events that will solidify Bitcoin’s status as a new store of value. Alongside this, technical data in the medium and long term, coupled with market fundamentals are pointing very clearly to a Bitcoin bull market.

Keiser maintained his confidence of a Bitcoin price of USD 100,000, saying again that critics and detractors such as legendary investor Warren Buffett was sorely ill-equipped to understand Bitcoin:

“He’s [Buffett’s] too mired in his ways, he can’t adapt, he’s not agile, he hasn’t got the brain power for it [Bitcoin].”

Commenting on the US Federal Reserve’s moves towards quantitative easing, Keiser also said that the moment it was apparent was also the moment that Bitcoin saw its bottom, thanks to the revelation of the Fed’s lack of accountability:

“They’re going to print ad infinitum, ad nauseam, there’s going to be no rollback, no kind of attempt to balance their books.”

 

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