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People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while the BTC price skyrockets 40-80x, says Max Keiser.

Popular TV host and long-time Bitcoin proponent Max Keiser believes that futures traders suppress the Bitcoin price at current levels.

However, once the asset explodes to Keiser’s intermediate target at $28,000, the BTC amount for sale will evaporate as governments and institutions will purchase directly from miners.

Keiser recently tweeted that “the (temporary) Bitcoin price suppression scheme is a godsend for poor people to stack sats *now* before retail liquidity dries up and the price vaults to gold-parity levels around $400,000.”

CryptoPotato reached out to the popular TV host to elaborate on his views regarding the price suppression and potential surge in value.

Keiser asserted that “for the world’s poor, the current price and availability of BTC are a once in a species-existent opportunity to acquire unconfiscatable Hard Money before a 40-80x move on the upside.”

He commented that his “forensic analysis of the BTC market, corroborated by insiders, is indicating futures traders are suppressing the price of BTC to give institutional players a chance to load the boat.”

He also gave his intermediate price target of $28,000 per coin. Once the cryptocurrency reaches that level, it would be a significant game-changer for people’s perception of the asset.

“When this happens, we’ll see something quite unexpected. The retail market for BTC will dry up. The amount of BTC for sale AT ANY PRICE will be increasingly tiny.

Institutions, corporations, and governments will be buying BTC directly from miners, presumably at a huge premium.”

Keiser, who previously said that Warren Buffet will start panic buying Bitcoin when the asset price jumps to $50,000, said that people like the prominent investor, who have no Bitcoin exposure, will see “their wealth hyperinflate to nothing.”

It’s no secret for the community that Buffett isn’t a fan of the primary cryptocurrency.. He once called Bitcoin “rat poison,” and even a charity launch with TRON’s Justin Sun couldn’t change his mind. Shortly after the event, Buffett insisted that BTC has no value “and never will.”

However, Buffett recently purchased a massive share in a mining company producing gold while reducing his exposure in significant banks such as JPMorgan Chase and Wells Fargo.

Keiser believes that those who had taken a similar path and purchased gold and silver will be less impacted. Nevertheless, even gold holders “will see their wealth take a relative nosedive against investors that are 100% BTC.”

In other trending Bitcoin News today:

Even The Rothschild’s Are Buying Bitcoin; Grayscale’s Holdings Surpass 450k BTC

The Rothschild Investment Corporation has bought 27 bitcoins in share form through Grayscale Bitcoin Trust (GBTC).

GBTC itself added another 6,937 BTC (worth $72 million) in the past few days after reporting the third straight record quarter with inflows reaching $1 billion.

As of Sept. 2020, Grayscale’s bitcoin holdings reached 450k BTC, representing nearly 2.5% of all Bitcoin supply, as per YCharts.

Rothschild reportedly has $1.4 billion in assets under management, with $235,000 of it held in Bitcoin. This makes them one of the most prominent investment banks to get into bitcoin, which is most likely for their clients.

Other big names like Rockefellers began investing in blockchain and crypto startups back in 2018. Blackrock, with $6.3 trillion assets under management, also started considering diversifying into crypto the year following the bitcoin price top.

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Show Notes / News Resources:
– 40-80X Bitcoin Prediction:
– Rothschilds Buying Bitcoin:
– Next Big Treasure:

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky and so is investing into Cryptocurrency. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

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  1. When BTC all of a sudden EXPLODES up to $15K from this $113OO price point in the span of less than three weeks… then maybe, just MAYBE, people will start to realize that the market makers/ the elite/ the bankers/ etc. are getting ready to price you right out of the market for owning any full bitcoins. If you do not already have some bitcoins, they are gonna make BTC so expensive so fast that you will never be able to raise $2O,OOO to be able to get your hands on even a single bitcoin. So I want to purchase some more Bitcoin in advance… and bet on the side that always wins. That is a pretty safe bet, although I was able to increase my 2 btc to 1O Btc in the space of One month with the help of Benjamin Jackson who is a Pro Trader and has been helping Novice crypto investors showing them ways to trade their Bitcoin, he is down to earth and always ready to serve, I made profits, and it was worth it. I urge all of you to want to do this to contact you through ( MaiI @. BenjaminJacksonTv@Yahoo & TeIegram ID – BenjaminJackson ) for your signals and tips on how to quickly create a work strategy to increase your portfolio and earn profit Consistent and consistent.till a big fan and I like your channel but had to get this off my chest

  2. I did my own math…
    M2 Dollars $18,318,200,000,000 ÷ World Gold 6,352,216,000oz = $2,884/oz.
    M2 Dollars $18,318,200,000,000 ÷ Bitcoins 21,000,000 = $872,295/BTC.

    1 Bitcoin = 100,000,000 Satoshi = 2.1 Quadrillion currency units.

    In the future people will trade Satoshis not Bitcoins.

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