Trace Mayer: Bitcoin Not in a Bubble Until it Hits $27k?



Jason Burack of Wall St for Main St interviewed returning guest, entrepreneur, investor, journalist, monetary scientist, author & early Bitcoin investor, Trace Mayer https://www.tracemayer.net/.

Trace also hosts the Bitcoin Knowledge Podcast http://www.bitcoin.kn/ and he was one of the first Libertarians in the gold community to find Bitcoin and recommend people start purchasing some around 25 cents a coin!

New article about Trace Mayer saying Bitcoin is not in a bubble until Bitcoin gets to around $27,000 per coin! https://cointelegraph.com/news/ultra-rich-investor-trace-mayer-predicts-bitcoin-price-will-reach-27395-in-just-four-months

IMF head Christine Lagarde gives recent speech that touches on Bitcoin and crypto currency: https://www.coindesk.com/imf-head-christine-lagarde-it-may-not-be-wise-to-dismiss-virtual-currencies/

During this 40+ minute interview, Jason start off by asking Trace about the global economy that central banks are creating. They discuss central bank intervention and how there’s a «fiat bubble.»


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For the rest of the interview, Jason asks Trace a wide array of Bitcoin, block chain technology, alt coin, ICO and gold related questions.

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Trace Mayer: Bitcoin Not in a Bubble Until it Hits $27k?: 42 комментария

  • 14.10.2017 в 1:41 пп
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    Bitcoin being monetary sovereignty is BS, not once in this interview was there a mention of Bitcoin actually became a threat to the bankers they would just shut it down and criminalize it.

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  • 14.10.2017 в 2:23 пп
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    bitcoin is limited and not extensible but velocity is far faster than anything we ever experience, there is no comparison even paypal/visa/mastercard that already electronic available on the internet due to bitcoin frictionless nature, given choice to use between paypal/visa/mastercard and bitcoin sane people will choose bitcoin, this velocity and frictionless make up the bitcoin non extensible nature we think gold cannot fulfill, actually that is what we want with gold but due to its nature as real physical metal, we can't find way to make it move faster

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  • 14.10.2017 в 3:36 пп
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    why was CheckoSlovakia brought in to this, lol. We were actually doing great before 1939. Anyway great interview.

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  • 14.10.2017 в 4:52 пп
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    "they'd be working on Bitcoin" … That's like saying every great operating system developer would be working at red hat. People have different motivations, and there is a lot of innovation in lots of different places. Dash is doing some really interesting things for example, and… They pay their core as well and has a disciplined team. Anyway. Good interview though.

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  • 14.10.2017 в 5:28 пп
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    I seriously doubt Jamie Dimon is completely ignorant about Bitcoin. He knows it will disrupt his Monopoly so he is scrambling to say anything he can in an attempt to slow down the train wreck.

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  • 14.10.2017 в 7:41 пп
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    Wow Just pathetic!There's no reason to attack another in our community juSt for disagreeing. Unsubscribing now Goodbye

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  • 14.10.2017 в 8:05 пп
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    How do you use bitcoin on a satellite network?  Can someone walk me through how to do that?

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  • 15.10.2017 в 12:22 дп
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    Bitcoin may be analogous to torrents, while U.S. dollars could be like Netflix. In the last 5 years torrent traffic has dropped from 13% to less than 4%, while netflix traffic has only increased from 29% to over 35%. The cause is aggressive world wide regulation including the development of new legal methods of extracting people from any country in the world, internet service provider throttling, and Netflix increasing their quality and speed, just to name just a few.

    Even without legal options, if governments were fighting only in the technical realm they could afford to hire much developers than bitcoin but their legal options are very powerful.

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  • 15.10.2017 в 2:12 дп
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    Unlimited supply of BTC when you include all the cryptographic currencies that compete with BTC. 1000 x 0 intrinsic value equals 0

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  • 15.10.2017 в 3:01 дп
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    I think you can say that Bitcoin will finally be in a bubble when the lines at the bank teller and ATMs are nil.

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  • 15.10.2017 в 3:10 дп
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    LOL — he said we're in a darwinian process. You mean like when darwin inbred his only family and none of his kids were viable humans cause they were like i said, inbreds? If BTC is going through darwinian times (the father of evolution), then we are fucked. Don't believe me about Darwin, look that shit up.

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  • 15.10.2017 в 5:23 дп
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    "Darwinian process" as a purpose? Please keep the philosophical falsehoods out of here. We are here for increasing our dominion and to increase our scope of ability to prosper ourselves and others with being wise with our money and not foolish. Once we turn to the random chance and probabilities of Darwin, we are doomed. Glorify God. Make money. Increase dominion. Use your brain and logic to make sound decisions and understand that we are more than just advanced monkeys.

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  • 15.10.2017 в 1:29 пп
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    Bitcoin is nothing more than alchemy history repeating. Bitcoin is just the latest attempt at creating what gold and silver are "money." As for a threat to the establishment of banking, gold and silver are what they dread the most. Soon they will have their version of Bitcoin and they will call it "Dollarcoin" and have Bitcoin declared counterfeit. Dollarcoin/Bitcoin… the antithesis of a coined silver and dollar.

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  • 16.10.2017 в 10:05 дп
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    Actually there is a very wrong and fundamental assertion on the part of the guest speaker that encompasses his entire argumentation. If, from his own reasoning, one should pick the Best Technology for money, so we should apply the same reasoning and criteria to Cryptocurrencies. And today Bitcoin is no longer the best tech. There is no reason whatsoever for bitcoin to be "The coin" since for example Monero and Dash have a money property that Bitcoin does not have or, to be precise, is lesser then those currencies … anonimity.
    So in the "fight" for Real money actually Monero and Dash are more interesting then Bitcoin and should therefore win the most of the investment and trade usage. Besides that Bitcoin was already infected by a banksters insiders .. they made miners get a cut on every single transaction … an absurd concept not even embedded in the Creator of Bitcoin Idea. Whoever he his his project, the real bitcoin, is defunct with that simple treason to the initial concept.
    The "top programmers of Bitcoin effect" is actually a myth. Most of the names quoted do not program … they're there simply to endorse the project, so ..it's a muted argument since all other crypto's also have the exact same Open Source development Fundamental to the concept.

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  • 16.10.2017 в 8:36 пп
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    Awesome. Been following Trace since 2012 when he had RunToGold.com. I think he may actually be the reason I bought BTC back then! The guy's brilliant!

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  • 16.10.2017 в 9:05 пп
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    Wow, what a great interview. Just heard of Trace and it's nice to see someone who understands bitcoin and conducts himself with integrity.

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  • 16.10.2017 в 9:08 пп
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    Less than 3100 total subscribers away from reaching the 20k subscribers milestone on the WallStForMainSt YouTube channel! Please subscribe if you haven't already done so! And if you think friends or family would be interested in the content please she the content and tell them about the channel!

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  • 17.10.2017 в 11:35 дп
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    "it's who you got on your team" … yeah, I want VISIONARIES on the team I support/invest in … which is why I am invested in MAIDSAFE. Bitcoin is dead, people like Trace, just don't know it yet. He's a step ahead of Peter Schiff … but just as blind.

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  • 17.10.2017 в 4:08 пп
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    When asked about Peter Schiff, Trace responded by calling him stupid, and then bragged about beating Schiff on the scoreboard, and then immediately said I'm not here to talk about money, I just want to help people, I'm not a salesman like Peter Schiff, but you probably go buy bitcoin. You can't be serious, you guys are supporting this guy?

    I lost all respect for Mayer when he said those things. Schiff is trying to help you, by gold and retain your purchasing power, speculate a little bit with Bitcoin. But if you really want to just gamble, then go ahead, but don't say Peter Schiff didn't warn you or isn't trying to help, because that's ridiculous.

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  • 18.10.2017 в 10:04 дп
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    Hey 😀 great channel, really loving the information your putting out there :D. Just found a great ICO, you heard of electroneum? right now the token sale for 0.01p a coin 1p!!!!!!! company and CEO are expert coders, check the whitepaper. Remember when bitcoin was worth nothing in 2009? If you regretted not buying the cryptocurrency then, why should you regret buying electroneum right now https://my.electroneum.com/join/C888F2

    BTC-3NWhB8mCdDk4rwiCH7wt6yn4TnUX1kCcXa

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