Is the Bitcoin Cycle Broken? With The Rational Root

  Рет қаралды 40,103

Peter McCormack

Peter McCormack

Күн бұрын

Пікірлер: 131
@lifeisgood5410
@lifeisgood5410 6 ай бұрын
I drive Uber and use that money to stack sats…I listen to this podcast while I uber… thank you for this content brother keep being great I’m locked in
@BoronKrypton2
@BoronKrypton2 6 ай бұрын
Keep stacking 🤜🤛
@robertgross9580
@robertgross9580 6 ай бұрын
JOE KENNEDY, a famous rich guy in his day, exited the stock market in timely fashion after a shoeshine boy gave him some stock tips. He figured that when the shoeshine boys have tips, the market is too popular for its own good, a theory also advanced by Bernard Baruch, another vested interest who described the scene before the big Crash: "Taxi drivers told you what to buy. The shoeshine boy could give you a summary of the day's financial news as he worked with rag and polish. An old beggar who regularly patrolled the street in front of my office now gave me tips and, I suppose, spent the money I and others gave him in the market. My cook had a brokerage account and followed the ticker closely. Her paper profits were quickly blown away in the gale of 1929."
@Securethemsats
@Securethemsats 6 ай бұрын
I do the same thing bro 🔥
@MrMr-dn7vs
@MrMr-dn7vs 6 ай бұрын
Fuck yes. Love to hear it! Great job mate.
@matthewmaguire3554
@matthewmaguire3554 6 ай бұрын
Doordasher here…Can’t say how much listening to podcasts while driving have helped in my Bitcoin education and realizing how need to listen to a three hour talk and walk away with one new insight…and it’s worth it.🐇
@eddiek5966
@eddiek5966 6 ай бұрын
BEEN IN THIS MARKET FOR 7 YEARS, and let me tell you nobody i mean NOBODY has a fucking clue but HOPE.PERIOD
@wickedsmartbitcoin
@wickedsmartbitcoin 6 ай бұрын
Dope spiral animation, root. Next level, m8. 🍻
@rkalla
@rkalla 6 ай бұрын
Amazing amount of information worked into that spiral chart - gold
@Bertol.Gretch
@Bertol.Gretch 6 ай бұрын
34:55 Supply decrease supposed to be bullish but in that chart seems directly correlated with price..
@greganastas
@greganastas 6 ай бұрын
Thought I was watching you on rumble switching now! Cant wait until all content creators I watch post there...Preston
@johngammon963
@johngammon963 6 ай бұрын
This is key regarding Power law = it does well on 'historic data'.
@Campy1
@Campy1 5 ай бұрын
What other data are you supposed to use? Data from the future?
@rewolfer
@rewolfer 5 ай бұрын
The charts need horizontal gridlines. Hard to line up prices with the chart
@seandarrah828
@seandarrah828 6 ай бұрын
Perfect timing for this video… Thanks, Peter we needed this…
@MD97123
@MD97123 6 ай бұрын
The new spiral chart is very cool!
@domenicofornas
@domenicofornas 5 ай бұрын
Rational Root charts are amazing! Thank your for this episode!
@technotarzan4044
@technotarzan4044 6 ай бұрын
anyone know the name of the book on RR shelf under the BTC Standard?
@juanllauro3799
@juanllauro3799 5 ай бұрын
Awesome as usual, thanks for sharing your insights
@pauljge
@pauljge 5 ай бұрын
What brand is the cap Danny is wearing? Looks cool 😎
@TheBitcoinBlock
@TheBitcoinBlock 6 ай бұрын
Buy the dip!
@LongDefiant
@LongDefiant 6 ай бұрын
Veggie dip? 🥁
@astroNexx
@astroNexx 6 ай бұрын
bro I've been deployed for over a year, no more funds
@recongraves
@recongraves 6 ай бұрын
Get in them Fiat mines son​@@astroNexx
@junipersnow1
@junipersnow1 6 ай бұрын
So fun, really like all the charts. Finally understanding Rational Roots focus, was over my head a few years ago.
@michaellehmann2803
@michaellehmann2803 6 ай бұрын
Anyone know what the formula on Root’s shirt is?
@dospy1
@dospy1 6 ай бұрын
Math ecuation for Bitcoin total supply
@adk12357
@adk12357 6 ай бұрын
People often see connections where there are none. On charts, they ignore points that disprove a thesis and focus on lines that support it. The truth is, if you work with the data long enough, you can fit a dog shape into a chart. Random footsteps in the snow can create interesting patterns, yet they are just noise. This is exactly what's happening here.
@adk12357
@adk12357 6 ай бұрын
*said a man who lost a ton of wealth following S2F and other gurus last cycle. When the music stops playing, it's a hard stop, not just a pause. The BTC tech is superb, yet most of the gains come from the liquidity in the legacy fiat system.
@markpalmer8083
@markpalmer8083 6 ай бұрын
More video podcasts? I thought you did them in person.
@MiroPribanic
@MiroPribanic 6 ай бұрын
long live the Root....always interesting to listen to the Carrot ;-)
@off-roadingcars
@off-roadingcars 5 ай бұрын
Can you get Plan B on?
@wouter7165
@wouter7165 5 ай бұрын
No thanks
@stevenp3050
@stevenp3050 6 ай бұрын
Great podcast Peter and team! Mayor Mccormick 🎉
@mazza3137
@mazza3137 6 ай бұрын
Thanks Peter. You keep bringing great guests to the table. ❤️👍
@Johnylabb
@Johnylabb 6 ай бұрын
One thing is not reflected there, is the fact that 100KUSD now are half the value of the same money 4 years ago. In other words, the real all time high Will be when we reach like 140k.
@adrianlopez3373
@adrianlopez3373 6 ай бұрын
Fantastic chats!
@Mark-yy2ki
@Mark-yy2ki 6 ай бұрын
Does anyone know what rational root's tshirt means? Because I saw someone wearing it yesterday in the supermarket.
@PreciousMetalinvest
@PreciousMetalinvest 6 ай бұрын
It means BTC
@dospy1
@dospy1 6 ай бұрын
It's the math ecuation for the total Bitcoin supply.
@michaelhardiman4573
@michaelhardiman4573 5 ай бұрын
It's from the original bitcoin paper Nakamoto wrote.
@gregoryw9
@gregoryw9 6 ай бұрын
Just when I thought the spiral chart couldn’t get any better - 3D with hashrate now! So bullish 🔥
@crisper1614
@crisper1614 6 ай бұрын
If he drinks carrot juice. Does that make him a vampire? 🤔
@fighterpilot12
@fighterpilot12 6 ай бұрын
No, a cannibal.
@BradleyT2p2
@BradleyT2p2 6 ай бұрын
That spiral is badass
@XLeration
@XLeration 6 ай бұрын
We're so bullish with these charts the price went down 10% right away
@astroNexx
@astroNexx 6 ай бұрын
good. more time to stack
@cesuntbanii
@cesuntbanii 6 ай бұрын
lol. yeah, bitcoin stores value it just so happens that the value dropped
@adiintel1
@adiintel1 6 ай бұрын
Short term?​@@cesuntbanii
@relbik66
@relbik66 6 ай бұрын
What is 10%? 😂
@LeeJF1
@LeeJF1 6 ай бұрын
Good show thanks bro 🤝
@kestreljc1559
@kestreljc1559 6 ай бұрын
I think the HODL Model S more accurately reflects the fact of all the bitcoin lost and continuing to be lost since inception.
@arloc24
@arloc24 6 ай бұрын
I’m 52 hoping to end the rat race by 60 with above $1M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify my portfolio.
@PreciousMetalinvest
@PreciousMetalinvest 6 ай бұрын
Hearing that you won’t have to sell you can rent bitcoin to the banks etc We’ll have to see
@TheRealDerekS
@TheRealDerekS 6 ай бұрын
Root is good. But multiple astrophysicists have confirmed one equation: Price = 10^-17 days ^5.83 This is the power law. If you dont understand the power law, you have no idea what's actually happening here. BTC is a scale invariant force of nature. It takes Roots model to the next level. Credit to Geo and Steven... get them on!
@mbshawaii
@mbshawaii 6 ай бұрын
Danny doesn't like math lol
@aussieman8738
@aussieman8738 6 ай бұрын
Most of astrophysics is bull.sh.. the earth is flat. Can't get out of the dome.
@LL-wn8yw
@LL-wn8yw 6 ай бұрын
That tool is some space x rocket building level ap
@X_x77x_X
@X_x77x_X 6 ай бұрын
It's hilarious how people don't understand power laws. Power laws don't make things; things make power laws, Danny. Denying that Bitcoin has been making a power law is like riding in a car going 60 miles per hour and arguing that it's not going that fast when you're in the car looking at the speedometer. And why the US dollar holds the power law the best is because it is the slowest to inflate; every other fiat currency inflates faster.
@mbshawaii
@mbshawaii 6 ай бұрын
💯
@ploutosroman4206
@ploutosroman4206 6 ай бұрын
Does rational root have a Twitter handle?
@DonBrott-jz8it
@DonBrott-jz8it 6 ай бұрын
We in the 2nd ammendment USA have an unpleasant high speed lead surprise for theives...I will NOT HESITATE!
@markwalker8374
@markwalker8374 6 ай бұрын
3-D spiral chart in orange - very carrot like
@antoniomiguelcabrileslocci7862
@antoniomiguelcabrileslocci7862 6 ай бұрын
Thanks Carrot man!!🥕🥕🥕🥕🥕🥕
@antoniomiguelcabrileslocci7862
@antoniomiguelcabrileslocci7862 6 ай бұрын
What a great video, charts, data and more data, my head is boiling. Please Follow up in six Months to see how it plays out.
@mtc_77
@mtc_77 6 ай бұрын
long live Danny Knowles, first of his name, king of the andals and the first men and lord of the seven kingdoms.
@haraldclark6206
@haraldclark6206 6 ай бұрын
Would be great to see Maya on the show, great hope for Suriname!
@noname-yk3dr
@noname-yk3dr 6 ай бұрын
What if you looked at that circular graph as the earth's core?
@josephcohen9480
@josephcohen9480 6 ай бұрын
Whenever guests on shows say 1 million$ BTC they need to say what that is worth in 2024 purchasing power. 1 mill in 5 years will be what 200k is today
@BTCforce
@BTCforce 6 ай бұрын
Cycle isn’t broken, “they” r simply trying to shake out retail. BTC 2 make new ATH’s soon enuf, b patient and DCA while cheap
@adiintel1
@adiintel1 6 ай бұрын
You mean turn the ship around?
@lastsonofkrypton3918
@lastsonofkrypton3918 6 ай бұрын
Never try to catch a falling knife.
@relbik66
@relbik66 6 ай бұрын
Right thats why you HODL bro 😅
@DrYahtzeeFish
@DrYahtzeeFish 5 ай бұрын
Give us the fucking spiral chart!
@Notjoefresh
@Notjoefresh 6 ай бұрын
Is it really that different from criminals breaking into houses and demanding your bank card and PIN number?
@markpalmer8083
@markpalmer8083 5 ай бұрын
Yes. You're not likely to have easy access to a few million with your bank card and PIN.
@daxion9416
@daxion9416 6 ай бұрын
Need to be institutions to carry BTC above 70k , retail don’t buy BTC above 70k,why not make a split like they do to stocks for the price be lower? Or start utilizing the price in sats.
@relbik66
@relbik66 6 ай бұрын
How do you know?
@tenmike
@tenmike 6 ай бұрын
Root is the best
@alivarfan1009
@alivarfan1009 6 ай бұрын
Great interview, can you please invite him once a month, Please?
@westra4
@westra4 6 ай бұрын
Nice
@LongDefiant
@LongDefiant 6 ай бұрын
I don't know why people are so excited about the ETFs. ETFs just short the coin back into the market. They don't reduce BTC supply. Maybe the miners do better but they haven't juiced the coin price.
@bitcoinpoemspro1406
@bitcoinpoemspro1406 6 ай бұрын
Thx
@Joel_G_NZ
@Joel_G_NZ 6 ай бұрын
Who else let out an audible "Ooh!" when the spiral chart flipped 3D
@disco4535
@disco4535 6 ай бұрын
It cracks me up how this happens multiple times EVERY. SINGLE. CYCLE. And every single time people lose their minds. Not sure if they think they're going to get rich quick? Those days are LONG gone
@modelmark
@modelmark 6 ай бұрын
It's summer, it's nice e weather outside... not where you and me live carrot man, NL summer cancelled
@RichardHowells1234
@RichardHowells1234 6 ай бұрын
AI and endo-cannabinoids Like the spiral!
@Ohanxx
@Ohanxx 6 ай бұрын
This narrative is based on that the economy stays stable as is for the next years. Remember that if the fiat economy tanks, it will drag btc down as well. Things are looming in the shadows
@MoonSWGOH
@MoonSWGOH 6 ай бұрын
In a way. Each time a bank fails, Bitcoin gets stronger.
@Annnnndbitcoinfixesthis
@Annnnndbitcoinfixesthis 6 ай бұрын
Always carry a pew pew.
@PeterPan30000
@PeterPan30000 6 ай бұрын
Omg, this is a literal porn chart
@XLeration
@XLeration 6 ай бұрын
The current bitcoin price isn't though...
@MiroPribanic
@MiroPribanic 6 ай бұрын
meant to make you hot...on BTC ;-)
@junipersnow1
@junipersnow1 6 ай бұрын
If this were porn charts I ejaculated at the Spiral chart, could not hold out to the end. There I said it. 🤣😂🤣
@l00k210
@l00k210 6 ай бұрын
25:10 outflows due to high fees? BS.. even you?
@robreke
@robreke 6 ай бұрын
I’m not sure I can take since dude with a carrot over his face seriously. Wait, yes I’m now sure - I can’t.
@oldgreenbus
@oldgreenbus 6 ай бұрын
SIK.. waffle cone
@johannesburgreal441
@johannesburgreal441 6 ай бұрын
what a terrible guest. he's lame - why give him attention?
@meridianheights6255
@meridianheights6255 6 ай бұрын
What is wrong with this guy? I don't listen to talking veggies.
@ericwilson2632
@ericwilson2632 6 ай бұрын
😂🎉😂🎉😂so you listen to people that eat meat 🤣
@pejuangreceh4220
@pejuangreceh4220 6 ай бұрын
Buy buy #notcoin
@dasfahrer8187
@dasfahrer8187 6 ай бұрын
BTC doesn't have any reason to go any higher at this point as it's adoption and ownership is currently saturated. It's going to have to have a massive innovation break-thru somewhere to spur another round of demand if it's to get back above $75k. Otherwise expect $25k BTC by the end of 2025.
@jcantonelli1
@jcantonelli1 6 ай бұрын
Lol.
@Recoveryplus
@Recoveryplus 6 ай бұрын
Pessimists sound smart. Optimists make money.
@Trollzilla63
@Trollzilla63 5 ай бұрын
Have fun staying poor
@markjaramilloGTA
@markjaramilloGTA 6 ай бұрын
Then Germany and Mt Gox pushed out the ⏲️ time
@PeerkeP
@PeerkeP 6 ай бұрын
And if we don't reach 140k this cycle, you can always draw some different lines to fit a new narrative and explain why the bull run didn't take off. Really reminds me of PlanB and his delusional predictions. Get ready to be disappointed by Bitcoin and all the "Technical Analysts" once again.
@John-wf5if
@John-wf5if 6 ай бұрын
In recent times, I don't know a single person who has (positively) brought up the topic of Bitcoin, let alone bought Bitcoin. Retail money is drying up and new participants are few and far between. A wildly fluctuating store of value with no transactional utility (due to fees and cap gains on all transactions) is apparently not a solid foundation for adoption.
@Chris_Richard
@Chris_Richard 6 ай бұрын
You should get out while you still can. We’ll keep the light on for you
@P__114
@P__114 6 ай бұрын
I bet you own Cardano or Bcash
@nated80
@nated80 6 ай бұрын
You have no idea what you're talking about.
@geoms6263
@geoms6263 6 ай бұрын
retail lost money in the past cycles .... do you think they did not learn their lesson?
@formxshape
@formxshape 6 ай бұрын
How are you measuring recent times? The last few hours? Days? Weeks? Years? Decades?
@paulkieffer1189
@paulkieffer1189 6 ай бұрын
Bought 332k at 54k. That was all my liquid cash on the sidelines. I’m all in bitcoin. Can’t buy anymore dips. I’m 100% all in now.
@Dan-l2y2r
@Dan-l2y2r 6 ай бұрын
Bought 2 BTC at 17 K. Even at this price I'm up 300%! I'm all in, HODLing and Buying The Dip. 25% drawback is NORMAL 2 or 3 times, hist. The MEGA Run isn't even SUPPOSED to start until October or so if the Cycle repeats the previous 3 patterns. It's worth the risk for poten10× more. Even 3× more is a huge win for ANY asset.
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