I Didn't Think This Would Happen This Soon (More Crypto Bankruptcies)

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Жыл бұрын

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Пікірлер: 982

@yellomate-tv2pc Жыл бұрын

The arrogance and financial illiteracy of fiat bros is truly astounding.

@Brandon-xp1ob 7 ай бұрын

"Backed by the gov"😂 you work for it, the gov prints it

@Bill.Wilson 4 ай бұрын

>the gov prints it Hmmmmmmmmmmm

@defendingthefaith.7889 Ай бұрын

@@Brandon-xp1obbasically it’s not backed by anything.

@HC-sb1ru Жыл бұрын

This is so dishonest from these two and they know it. Shame on them.

@sergiosocite4933 6 ай бұрын

Bitcoin bros up 125% since this video AND literally anyone that has DCA-Ed is now in profit.

@mumenrider862 2 ай бұрын

and it's crashing again.. today.

@sergiosocite4933 2 ай бұрын

@@mumenrider862oh no. Someone that dollar cost averaged at the high 3 years ago is now up only 125%

@raw8638 2 ай бұрын

Did not crash. A healthy correction like always @@mumenrider862

@defendingthefaith.7889 Ай бұрын

@@mumenrider862Lol. You obviously don’t know what a crash is.

@digitalnomadjon 10 күн бұрын

@@mumenrider862 OK you stay out and leave it for the rest of us

@ericp1139 6 ай бұрын

Bitcoin bros are doing fine. If you guys listened to Dave when it was at $5, you missed out big time.

@conradeaton4311 Жыл бұрын

We are still here Dave check back on this in 3-5 years

@jasonlemon4424 6 ай бұрын

This video already aged like fuggin milk. If you would of bought 1BTC at the time this video was made you would be around $21k in profit. lol!

@mickjennifer Жыл бұрын

This internet thing isn't going to work out in the long run either.

@peteparadis1619 Жыл бұрын

It hasn’t improved my life any really

@jonathansage9063 Жыл бұрын

@@peteparadis1619 well, it allows you to watch this video lol

@Josh-bs1rr Жыл бұрын

this didnt age well

@dk-zh4nc 6 ай бұрын

Aren't you the same guy that said not to buy bitcoin at $500 ? How did that work out for you...

@pattilab9584 Жыл бұрын

Update 5/19/23 Dave: So george their dropping like flies. George: who? Dave: The Banks

@moonbalancedd 5 ай бұрын

And yet, the FDIC stepped in and made all depositors whole within days, even those over $250k limit. That's what happens when you deal with banks, even the small ones if they are fdic insured. Don't think the the people in failed crypto coins are getting their money back.

@Jayc9582 3 ай бұрын

⁠@@moonbalanceddit wasn’t “failed crypto coins”. That was an exchange.

@mumenrider862 2 ай бұрын

because crypto bros borrow money to buy crypto and lose both ways. lol. go get some no money down property... that should be coming around again.

@Jayc9582 2 ай бұрын

@@mumenrider862 there are people who use leverage in every form of investment. What’s your point? And not sure what you mean by “lose both ways “. Making money in crypto is simple if you know how the cycles work.

@rudyjean5550 2 ай бұрын

also, bitcoin reached a high of 73k

@LEMON-YT861 Жыл бұрын

Imagine missing the Amazon AZR7T on-going presale, HODL STRONG the public sale about to explode

@zell863 Жыл бұрын

I want buy it. Please let me know how I can send you money via paypal.

@GregMoress Жыл бұрын

When you say 'explode' -- Do ya mean like FTX??

@brentlewis4465 6 ай бұрын

We are right here Dave and doing great! Keep DCAing boys!

@Carbon_rod 3 ай бұрын

The egg on his face😂

@digitalnomadjon 10 күн бұрын

@@Carbon_rod No kidding. I am DCA Bitcoin and DASH each day. DASH price has bottomed out, but it really is incredible living on

@The.Dude.Abides. Жыл бұрын

This is what happens when you break one of the main rules of investing: "Do not invest in that which you do not understand."

@javaskull88 Жыл бұрын

And its corollary, “Do not speculate with money you can’t afford to lose.”

@fuse911 Жыл бұрын

@@The.Dude.Abides.theyre both good rules buddy its okay u dont have to be right yall both on the same page lol

@javaskull88 Жыл бұрын

@@The.Dude.Abides. Isaac, what are you trying to say?

@Brandon-xp1ob 7 ай бұрын

And when you finally do understand it?

@jeremytonucci2415 3 ай бұрын

@@Brandon-xp1ob that’s when you can make a boatload off crypto. All these know-it-all’s look hilarious with their posts from a year ago when crypto was bottomed out. They’ll look even funnier at the end of this bull cycle.

@filmislife77 Жыл бұрын

The only real take away from this is "not your keys not your wallet"

@oldbloke204 Жыл бұрын

Good luck with your USB device when what's on it is worth next to nothing. It all has little utility and only has value because people are hoping to sell it to a greater fool.

@foxen5071 Жыл бұрын

@@oldbloke204 You're living life with blinders on, old man.

@mightymouse9001 Жыл бұрын

@@foxen5071 oh found the greater fool!

@Allaiya. Жыл бұрын

@@foxen5071 The irony of your comment

@bregjejabra25 Жыл бұрын

@@oldbloke204 I could buy your house with it though.

@palebluedotadventures2500 7 ай бұрын

Boomers with no understanding what bitcoin is, can’t even distinguish the difference between “crypto’ and bitcoin, confidently talking about bitcoin like they have a clue. This is so cringe worthy. Don’t listen to this show, they convey bad information.

@porchwookie Жыл бұрын

2014 dave said not to invest. It was 600ish when he said not to buy. Its now 2022 and its 17000 dollars. Great advice Dave.

@christaylor8337 Жыл бұрын

You imply that a person would have made lots of money. In reality, they would have lost the 600ish.

@raysilva12 Жыл бұрын

Lol you missed the point

@michaelleahy6848 Жыл бұрын

@@christaylor8337 If you take out $600 when it is $17000, then you are covered

@godgivesbelovedoak Жыл бұрын

No body lost money that had their own keys

@porchwookie Жыл бұрын

@@godgivesbelovedoak keep holding brudda

@markstoltzfus5276 Жыл бұрын

George is the only co host that Dave actually listens to when he talks.

@dagobert1234321 Жыл бұрын

And Rachel

@captainblando Жыл бұрын

That’s because he just parrots dave

@33ladyRAM Жыл бұрын

False

@jeremiahshafer7474 Жыл бұрын

Thank you Dave for setting the bottom. See you at the next halvening!

@pitchfordfamily8306 Жыл бұрын

❌🔑❌🧀

@BryanrasonCa Жыл бұрын

Ha. Exactly.

@Micloren Жыл бұрын

Exactly. This like the 3rd or 4th time there’s been a correction in the cryptosphere?

@chris26plus Жыл бұрын

He won't get it. 🤣

@oldbloke204 Жыл бұрын

@@chris26plus So what's the "truth" then eh? Nothing new here, it's all happened before.

@stephaniehenderson6631 Жыл бұрын

One of the best investments is using your time to develop skills for life- growing food, cooking, home maintenance, sewing. This is alongside more academic and entrepreneurial pursuits. As well as the obvious benefits it gets you outside and active. Practical life skills will help you whatever happens, I wish it were taught in schools more.

@haloking4699 Жыл бұрын

Not your keys, not your tokens. Get a hardware wallet instead of leaving them on exchanges.

@mr_digdeeper Жыл бұрын

Exactly! I use trezor and exodus

@driveby3065 Жыл бұрын

i want to listen to this ten years from now.

@snarfsnaf69 Жыл бұрын

Same result

@llcross04 Жыл бұрын

It's going to be worse and Dave's words will have an even bigger I Told You So effect

@jcherestal Жыл бұрын

18 months

@Dan16673 Жыл бұрын

@@MLee-fk9ks link?

@mazzgoldie9149 Жыл бұрын

@@MLee-fk9ks He's human I suppose

@WherestheLogic297 11 ай бұрын

Amazing that they don’t understand the difference of shitty company who stole people’s assets, vs the assets themselves actually being bad I thought these were financial experts

@Brandon-xp1ob 7 ай бұрын

😂 my thoughts exactly. A 2nd grader could see that

@SteveReed33 Жыл бұрын

I look forward to checking in on how well this video ages 5-10 years from now.

@ericmorrison8772 Жыл бұрын

Not well.... He will delete it at some point to avoid the ridicule

@britneyog9537 Жыл бұрын

Yup!

@dirtycleansound Жыл бұрын

I bet he's buying all the way down

@Liptor100 Жыл бұрын

😂

@lelandfranklin3487 Жыл бұрын

Probably better than the SBF videos promoting FTX.

@cecilecorpuz5735 Жыл бұрын

Like I will always say, if I can't put it in my pocket then it's not for me.

@douglassmith9445 Жыл бұрын

You can, it’s called a cell phone.

@MijoShrek Жыл бұрын

I gotta be able to pay for my sins off the radar.

@floridamankyle5461 Жыл бұрын

You cant keep fast money, because it never stays with you for long, fast money isnt wealth.

@Lonovavir Жыл бұрын

As the old saying goes, easy come, easy go. Also, if it sounds too good to be true it is.

@jonathantaylor6926 Жыл бұрын

Make it quick lose it quicker… downside is always way faster than upside because you need a 100% gain to cover a 50% loss.

@tristan2332 Жыл бұрын

True...when younger I tried trading and the quick money always failed to really grow. Most day traders lose in long run. Wasn't till I did index funds over years i grew wealth.

@airfiero4772 Жыл бұрын

They wrote a check and the bank bounced. 😂

@thesuperdingos Жыл бұрын

Do they understand that these are exchanges? People who put their assets into soft and hard wallets are fine

@jimmymcgill6778 Жыл бұрын

That does not fit their narrative.

@J19118 Жыл бұрын

They probably don’t want they’re listeners to understand that.

@WilliamGilbert88 Жыл бұрын

@@J19118 I agree they left out a lot of details and lost my interest when they said money is spiritual. 😑

@SB-xu8pi Жыл бұрын

It’s hot and cold. Not soft and hard. Lol

@TRC296 Жыл бұрын

@@SB-xu8pi no it’s called a hard wallet.

@pdptj1 6 ай бұрын

Dave is going to have a real hard time understanding when Bitcoin hits 6 digits in the next 12-18 months

@philipallard8026 Жыл бұрын

Salt was used as money in Rome because it was used for preserving food. Remember the phrase “he’s worth his salt”.

@JoshuaJayMusic Жыл бұрын

To go beyond that, the word salary means salt in Latin. So when people say are you worth your salt they mean are you worth your salary are you worth the money we're paying you.

@aolvaar8792 Жыл бұрын

Salary

@sleepmoneyken9234 Жыл бұрын

I think the best investment at this point in time is a job 😄 .

@drewjt50 Жыл бұрын

For a lot of people I agree.

@SynFlowers Жыл бұрын

C-19 2020 wants to talk

@lifeisgreat1718 Жыл бұрын

Yes just work till death and do not invest into anything for the future. Thanks. You just changed my life

@daleviker5884 Жыл бұрын

Not a bad call, but I always think the best investment is a working brain. Without a brain for example, you might make money from a job, but then "invest" your earnings into an illusion because that's what shouty morons are doing.

@Josh-py9rq Жыл бұрын

@@lifeisgreat1718 lolll exactly

@DMaster81 3 ай бұрын

Here’s the thing I will give to Dave, he’s consistent. He’s been telling people to avoid bitcoin since I remember hearing about it 10 years ago. Had an opportunity to get in under $1000 and passed cause Dave said it was funny money. Years later he’s still telling people to stay away. And for the masses he’s right. Most people aren’t going to understand moving averages and support and resistance or what a head and shoulders pattern means. But once you’re in it for years and follow it avoiding crypto is just throwing money away. It’s not complicated once you understand it.

@staytight4237 3 ай бұрын

Lmao meanwhile I'm up over 175% and it's just getting started lol

@glubski9050 Жыл бұрын

Well this didnt age well now, did it xD

@kashfortheking Жыл бұрын

What’s the American dollar based on again?

@kenofken9458 Жыл бұрын

Real economic activity.

@chrissalley9468 Жыл бұрын

This shows me how bad this crash will be. When this monetary system collapses its going to hurt so many people

@WillmobilePlus Жыл бұрын

There isnt going to be this fever dream fantasy "crash of the dollar", dude. You people have been saying this was going to happen for decades.

@jonathantaylor6926 Жыл бұрын

All fiat and all great empires die but only a fool will try to predict when. But it will happen… one day.

@chrissalley9468 Жыл бұрын

@@WillmobilePlus It takes decades to materialize. I'm quiet sure Romans at that time thought it would never happen. Centuries from now America will be spoken of in the same breath. Look up the documentary on the 2008 Financial Crisis and see how close we were to collapse. This is far worse now

@chrissalley9468 Жыл бұрын

@@jonathantaylor6926 Only a fool wouldn't prepare

@WillmobilePlus Жыл бұрын

@@chrissalley9468 That's a fancy way of saying you have no idea what you are talking about. You clowns dont say this stuff because you thinking 200 years from now. You say this as some scare that it's literally going to happen next week.

@mattschmitt9924 Жыл бұрын

Wait... Are you saying the imaginary money isn't worth anything?

@Tylauriente Жыл бұрын

Fiat currency is not backed by anything either. Seems pretty "imaginary to me".

@jayj4439 Жыл бұрын

Lol

@jjwallnutts4341 Жыл бұрын

@@Tylauriente true, but both are clearly fiat and not backed by anything. There’s no difference

@malichicu Жыл бұрын

😂😂😂

@ToddBartelt 11 ай бұрын

@@jjwallnutts4341 Fiat doesn't mean "backed by nothing", it means it's backed by some authority, like the US goverment. Bitcoin has value by the mutual agreement of free market participants, not because some goverment says it does. That's why bitcoin is not fiat.

@Nick-ji4se Жыл бұрын

Sounds like it's almost time to buy!!!

@BigJon410 Жыл бұрын

Or catch a falling knife.

@joshlonon2614 Жыл бұрын

Don’t temp me.

@davidrosenthal5795 Жыл бұрын

Yep, the greater fool rule applies.

@alejandroolmos3834 Жыл бұрын

I smell a bottom next year 🎉

@myytchannel6632 Жыл бұрын

@@alejandroolmos3834 The bottom always comes in December, January or February. In one of these months is when historical data shows we will see the lowest price.

@chocoboi1205 2 ай бұрын

we're fine and up 200% 😂

@J6103U Жыл бұрын

We are still here baby!!! Dollar cost averaging. $$$$$$

@bassmaster1953 Жыл бұрын

DAVE, the new generation would NEVER kill an animal to stay warm or barter for food. They have their parents and their basement.

@robertatkins272 Жыл бұрын

“…trading turds…” -Charlie Munger

@nesrinmuhammed7063 Жыл бұрын

Don't doubt the whole thing just because some fools like FTX failed us. We are right in time with the rainbow chart and right in time with closing this downhill for good and the catalyst to that is also there now that Amazon went ahead to announce AZR7T

@tracygaluszynski1868 Жыл бұрын

Hahaha! Once a fool, always a fool.

@mightymouse9001 Жыл бұрын

Rainbow chart was legit made as a joke. Please tell me you’re being satirical

@kj4362 Жыл бұрын

Rainbow chart 😂

@lancekosakewich Жыл бұрын

Fake money bro.

@MichaelHasebroock Жыл бұрын

Dude, you don't know what you're talking about. Rainbow chart???

@BerneseNoef 3 ай бұрын

Just checking in at $50.000 😬

@great456789 Жыл бұрын

I’m not sure if Ramsey has heard of a cold wallet.

@Corkfish1 Жыл бұрын

How is that going to help anyone that had their money with FTX?

@daleviker5884 Жыл бұрын

A wallet with nothing in it is worth nothing.

@aaronkennedy1090 Жыл бұрын

he hasn't, and doesn't care. But we know;)

@Josh-py9rq 6 ай бұрын

@@Corkfish1 AGAIN you clearly don't understand the people who are really into Bitcoin are smart and savvy they don't leave their damn money on the exchange

@Josh-py9rq 6 ай бұрын

@@daleviker5884 Really BTC is now over 40k how is that fiat treating you after being DE pegged from Gold in the 1970s You are losing value every second you just sound salty. Look it's cool when you move out of your mommas basement maybe touch the grass and do some basic level research you will understand the value of bitcoin it's just gold 2.0

@jasonlemon4424 6 ай бұрын

This aged like fuggin milk...

@nickzimmerman9940 2 ай бұрын

I appreciate that you guys do not remove this/these videos (after clearly not getting it, or not condoning this asset and being wrong). Its not your way of investing or making money, but it IS A way to build wealth. At the very least, acknowledging that after you get to a certain level of wealth, you could perhaps, maybe, potentially, take a risk with a small portion of your money on a speculative asset/endeavor in the hopes it could improve your life...Im guessing that indirectly, Dave owns some sort of exposure to the crypto space via his mutual funds, with companies in said mutual funds investing in crypto or mining ect. If you understand the bitcoin halving and cycles, might just be worth it to take a chance with some cash you dont need and can watch it move

@Yusufemiryalcin Жыл бұрын

always great info. thanks for sharing.

@leeokubo8498 Жыл бұрын

The best lesson I learned in B School was, “What is the intrinsic value of the underlying asset?”

@rainacherienne1010 Жыл бұрын

And ROI. After I learnt how money work I won’t spend a dollar that doesn’t have return higher than what I invested.

@analienfromouterspace Жыл бұрын

Pretty easy, Asset = Liabilities + Equity

@Acid31337 Жыл бұрын

So, you know that intrinsic value is always subjective? right?

@peteparadis1619 Жыл бұрын

Like Tulips

@Run4Ever77 Жыл бұрын

So, what is the intrinsic value of the US Dollar, Lee Okubo?

@jcherestal Жыл бұрын

So banks in traditional financial sector have NEVER failed right how many bailouts have they had in the past 20 years? Come on guys

@WillmobilePlus Жыл бұрын

20 years compared to the span of weeks. Yeah....totally the same.

@danmcgregor6920 Жыл бұрын

Don't forget the Savings and Loan crash. That was a mess also.

@EJ84x Жыл бұрын

I had money stashed at Blockfi for a year (in GUSD for the interest rate) and pulled it all out in March bc I felt the risk was way to great. Grant it I only had about 6k in it, but thankful I got out before the cards started falling. I feel bad for anyone who didn't but I also remember reading in the terms and conditions that if this kind of thing played out you dont own the coin, the exchange does, and they were borrowing your money and you could lose your balance.

@musiclover6842 Жыл бұрын

This you were so lucky that you did your research

@erikq9788 Жыл бұрын

Also I remember I would complain under blockfi’s mentions whenever BlockFi would tweet about their “scheduled maintenances” and they blocked me. So just goes to show you 😂

@beckypetersen2680 Жыл бұрын

@@musiclover6842 lucky?

@filmislife77 Жыл бұрын

Not your keys not your wallet

@jrmodz6029 Жыл бұрын

Its granted btw

@jasonkeaton5140 Жыл бұрын

I never got into. it sounded like garbage BUT I did what Dave says and it worked

@jeremytonucci2415 3 ай бұрын

Sounded like garbage? You do realize bitcoin is up literally 9,000,000% since it’s inception, right?

@jiggytito116 2 ай бұрын

😂😂😂 $70,000 Bitcoin. Yeah more like store of value.

@juliojaramillo4579 2 ай бұрын

@@jiggytito116lmaooo Dave 🤡

@stevewardlaw Жыл бұрын

A fool's mouth is his destruction, and his lips are the snare of his soul.

@Wallstreet193 Жыл бұрын

⬆️⬆️⬆️💬....

@bigteeist Жыл бұрын

My son and a few others tried to get me to invest in that junk thank you heavenly Father blessing me with wisdom 🙏🏾

@Bigceap5 Жыл бұрын

Yea. I invested in that junk when it was $300. Thank you heavenly Father blessing me with wisdom 🙏

@Micloren Жыл бұрын

I’d never ask my parent to invest in something they don’t understand.

@d_all_in Жыл бұрын

@@Bigceap5 get out while you can

@robertatkins272 Жыл бұрын

@@Bigceap5 man good for you honestly, you got in at the right time, rode the wave, and hopefully cashed out at a good time. But you didn’t invest you gambled. “Tulip mania”, “trading turds”

@ericomfg Жыл бұрын

@@robertatkins272 it's not really a gamble if you understand it and hold it through many crashes. That's more like wisdom and courage.. it's been the same arguments since 2011..

@silversalvo475 2 ай бұрын

Dave really needs to learn more about cryptocurrency.

@teutonalex Жыл бұрын

Nothing wrong with a good pyramid scheme as long as you are in and out quick and don’t actually believe your own news releases.

@TheAazah Жыл бұрын

It also depends where you are on the pyramid scheme. You don't wanna be at the bottom. You want the top. Don't encourage people to join a pyramid scheme.

@jimhandler1129 Жыл бұрын

Quick easy money is never the way to wealth.

@cgo225 Жыл бұрын

I think you'd agree that actually it is - but for other people, not for you.

@jimhandler1129 Жыл бұрын

@@cgo225 For wealth, I'm referring to long term. Not many people can earn money quickly & maintain wealth. If they earn it quickly, they will most likely lose it just as fast, similar to winning the lottery.

@catherine4339 Жыл бұрын

Who said if you can’t hold it you don’t own it?

@goldgeologist5320 Жыл бұрын

The tulip bulb event of the early 21st century.

@Tjensen999 Жыл бұрын

Anyone want a tulip? 😂

@Lonovavir Жыл бұрын

I'll buy a box from you in exchange for a stock share of the French Mississippi company.

@jasonlemon4424 6 ай бұрын

That tulip would be worth $38.2k. $21.6k in profit in less than a year.

@DingleberryStudios69 Жыл бұрын

"fake money" - literally every fiat currency

@scarpfish Жыл бұрын

Except you can spend that "fake" fiat currency on real things in the real world, something every person not in your cryptosperm brolambohodl bubble understands, but seems to be a foreign concept to you.

@DingleberryStudios69 Жыл бұрын

@@scarpfish youre clearly a very frustrated, angry, weak man. Be more kind to others and maybe good things could happen in your life. Have a great day

@blexaarron Жыл бұрын

@@scarpfishyou are the definition of a close minded person that has to result to insults to argue your point. Except you don’t have a point. You’re smug just like Dave in this video.

@daleviker5884 Жыл бұрын

@@scarpfish hehe, well said.

@whybitcoinwins 9 ай бұрын

@@scarpfish If you studied the history of money, you'd realize money first starts off as a collectible, then a store of value, then a medium of exchange, and finally a unit of account. We're clearly between the 1st and 2nd stages. Bitcoin has scarcity, fiat does not. Look at the purchasing power of the dollar since 1913... it lost over 96% of its purchasing power.

@jameskocks4734 Жыл бұрын

dying? no just buying the bottom. i just don't put all my cash in one thing. love you Dave good people can disagree.

@paulstodolny3091 4 ай бұрын

One thing I learned from you, Dave, is that you only get hurt on a roller coaster if you jump off in the middle of the ride. With Bitcoin, it's just a much bumpier ride than the Stock Market. So yes, if you jumped off at the bottom of all the cyclical crashes, you'd be in trouble. But those of us who have stayed on the ride are reaping handsome rewards. So I thank you for you education. I mean this sincerely, not sarcastically. Bitcoin is just a much more volatile asset.

@jasonlemon4424 6 ай бұрын

Just thought I would revisit this video. This video aged like milk, Dave. Dave Ramsey taking L's regarding Bitcoin for almost 10 years now. Bitcoin was $16.9k when this video was made December 1st of 2022 during bear market. 11 months later...price hit $37k. Dave Ramsey: "What happened to Bitcoin bros?" Answer: We never left and been accumulating all year, Dave.

@Gwaycee 3 ай бұрын

Accumulate until it all comes crashing again. All that glitters is not gold.

@jasonlemon4424 3 ай бұрын

@@Gwaycee Funny how you avoided that all of Dave's BTC videos have aged like fuggin milk. I posted this back in Dec. when BTC was $37k so thank you for reminding me that I need troll Dave more now that BTC is $51k. I have been in this since 2017 so I understand how these cycles work. I'm not new to the game. Looking forward to the next hard crash hopefully sometime in 2026/2027 when I start accumulating again.

@Gwaycee 3 ай бұрын

Troll him. The man is so rich, the trolls cannot even touch his financial success as yet.

@jasonlemon4424 3 ай бұрын

@@Gwaycee Oh I will troll him and I appreciate you reminding me, Gwaycee. Everyone that was buying BTC/ETH and alts back in the early days/2016 that have become whales would like to have a word. I don't give a fuck about Davids wealth 😂 Again... funny how you avoided that.

@jasonlemon4424 3 ай бұрын

@@Gwaycee Michael Saylor would also like to have a word. MICRO currently.. $4 billion in profit. How much does Dave got?

@jamielee4779 Жыл бұрын

God bless you Dave and for your team, because of your wisdom and teachings my husband and I are almost debt free completely except for the house. We would never have been able to accomplish that without God and your thorough guidance. God bless you sir.

@dylankaloo4892 Жыл бұрын

We’re still here Dave 😅 PS always love your shows

@bruh_hahaha Жыл бұрын

SBF “looks like Jim Belushi from Animal House.” 🔥🤣🔥🤣🔥🤣

@carl8830 Жыл бұрын

Bottom signal!! See you next halving Dave!

@SuperKyle309 Жыл бұрын

Precious metals are holding strong though 😊

@arnoldfarias5101 Жыл бұрын

The guest, Graham Stephan, made people lose a lot of money promoting FTX. Disassociate yourselves from that financial 🤡.

@Micloren Жыл бұрын

I doubt Graham Stephen has ever written a single line of code in his life. He probably can’t even explain blockchain or how cryptography (ubiquitous in every day life) works. Therefore, anyone that took his advice did so from a place of complete ignorance. That would be no better than taking Dave’s advice without at least doing some basic math to confirm various points he makes.

@tristanpina2666 Жыл бұрын

I wish Dave knew what a self custody wallet was...

@joshuakelly9743 Жыл бұрын

Yep!

@newdeal_99 Жыл бұрын

if you reach into your pocket and find lint and I stored my lint in my friends pocket and his pants caught on fire I wouldn't feel that I had lost anything that you gained since the item in question had no value anyway. If one day people went crazy and started paying large money for lint, and stored it all in someones pants and then everyone who was storing it had their pants catch fire many many people would no longer want the lint because too many people with it had it get burned up and therefore the person who kept the lint in their own pocket still loses value because there is no supply and demand when the object is useless anyway

@kennethb6211 Жыл бұрын

Unless society craved fire then fire lent pants are the hottest commodity!!!

@investingingeorgia8853 Жыл бұрын

I don't think he will need one...

@jonathantaylor6926 Жыл бұрын

Lol who cares if you bought at 60k you still have massive losses even in cold storage.

@yellomate-tv2pc Жыл бұрын

I love victory laps at the bottom.

@yellomate-tv2pc 4 ай бұрын

Nailed it.

@ryanc9888 3 ай бұрын

If you purchased $2,000 worth of Bitcoin when Dave made this video you would be up over $40,000 right now LMAO

@nameinaframeindy 3 ай бұрын

No one is talking crap about the Bitcoin bros in 2024😂😂😂😂😂😂

@captainkrunch6372 Жыл бұрын

SBF will look good in stripes.

@joboee Жыл бұрын

I am waiting for the Real Estate Bros to go bust so families can actually afford homes

@davidrosenthal5795 Жыл бұрын

Yes!

@carlosmiro4932 Жыл бұрын

That ain’t gonna happen in CA, real estate bubbles and real estate bubble bursts are a fixture here and have been for decades. The end result is ever skyrocketing real estate prices.

@JA-zh5xi Жыл бұрын

Sorry - most of those bros are multi-billion dollar hedge funds like Blackrock.

@robertatkins272 Жыл бұрын

Me too!

@rainacherienne1010 Жыл бұрын

Waiting.

@tivowillieb Жыл бұрын

I’ll bet Dave was against the Internet back in the 90’s.

@jeremylewis7761 Жыл бұрын

I think he literally said that when I watched this rant

@dmach83 2 ай бұрын

This aged well ………. Stay Humble and Stack Sats ……

@eddierobles2137 Жыл бұрын

Wareen Buffet warned us about it . Some of us don’t listen to him and lost a lot of money .

@terelocklear9513 Жыл бұрын

Wonder what Dave's gotta say about the Feds new announcement digital currency

@sgonged Жыл бұрын

I doubt it will be used on "exchanges"

@fanmaxis3004 Жыл бұрын

That its money laundering?

@andreasasatya9188 Жыл бұрын

Love smug Dave

@IvyPlans Жыл бұрын

Follow your common sense...not your greed.

@AB-mg5sx Жыл бұрын

They used salt also!

@dac8939 Жыл бұрын

Now is time to buy

@jeremytonucci2415 3 ай бұрын

Your comment aged well. Unlike this video lol

@deepmarsh Жыл бұрын

What is the opinion of this show when it comes to investing in farmland?

@spankynater4242 Жыл бұрын

He’s been pretty clear about that, pay cash, don’t borrow.

@BradBarrier Жыл бұрын

Animal House reference, lol

@budgetingdaddyuk6761 Жыл бұрын

Great video.

@LastOne155 Жыл бұрын

He keeps talking about a medium of exchange, but I have no idea how I would buy something using part of a share of an index fund

@daleviker5884 Жыл бұрын

Something tells me there are many other things you have no idea about.

@davidgarcia7916 Жыл бұрын

“Fake money” ohhh just like them pieces of paper?

@justin3410 3 ай бұрын

This video aged about as well as you Dave lol

@po69tato Жыл бұрын

Yeah this whole fiat currency thing is going to workout in the long run.

@mannyjeanpierre4062 Жыл бұрын

It already has. Been over 100 years still works

@kennethb6211 Жыл бұрын

Lol no it doesn't to many bad actors they are trying to digitize us currency. The billionaires won't let it happen because you get to see their bank accounts and they don't want that.

@Micloren Жыл бұрын

@@mannyjeanpierre4062 It’s been longer than that. But that doesn’t mean it’s the best solution.

@J0shM0nster Жыл бұрын

@@mannyjeanpierre4062 I disagree. It's clearly not working. Our money is devalued on a daily basis.

@chris26plus Жыл бұрын

Exactly 🤣

@Min-Pins Жыл бұрын

Avoid exchanges. Not your keys not your coins

@Wallstreet193 Жыл бұрын

⬆️⬆️⬆️💬....

@ryankelly5308 Жыл бұрын

Money is indeed spiritual. Very good point.

@CurieBohr Жыл бұрын

Money is not spiritual. It’s a median of exchange.

@ryankelly5308 Жыл бұрын

@@CurieBohr no it very much is spiritual. This is why the love of money is the root of all evil. The medium of money doesn’t matter. It is what money means to us and how much faith we place in money. Money is a tool that God gives us to do His will. Like other tools, it is something that can be used correctly or incorrectly depending on our spiritual nature.

@CurieBohr Жыл бұрын

@@ryankelly5308 just because something can be used for evil, doesn’t mean it’s spiritual. A gun is not spiritual. Because if money is evil, all churches are, because they beg for money.

@ryankelly5308 Жыл бұрын

@@CurieBohr I hear what you’re saying, but you’re missing the point. The item (money, a gun, a house, etc) is driven by our spiritual nature. So the item itself becomes spiritual to each of us depending on the use of that item and the heart behind its use. Does that make sense? Of course, I’m saying this from the point of view of a Christian, so if you have a different world view then I understand how this may not make as much sense.

@hellodolly9879 Жыл бұрын

Even if you were right, Dave, it's not becoming to gloat no matter what.

@michaelduke4500 Жыл бұрын

😭

@amuricanehdian1469 Жыл бұрын

To be fair, we did gloat when it was over $65K, and we will be back here to gloat again when it's back at $100K.

@amireallythatgrumpy6508 Жыл бұрын

@@amuricanehdian1469 You won't be here in the year 2576

@mikekinsella2822 Жыл бұрын

Dave always gloats and brags.

@bigbubba4314 Жыл бұрын

@@amuricanehdian1469 if you are that sure, sink everything you have into it now!

@TheZebracakez Жыл бұрын

Huh, still here.

@remustata Жыл бұрын

Doesn't' this kind of thing actually help by creating reverse inflation? Basically you are destroying real money (decreasing its quantity) while the real products that exist are still of the same quantity meaning that the money left has more value

@thecrew1756 Жыл бұрын

You aren’t “destroying real money” every transaction is a transfer, you are just transferring your money into someone else’s wallet

@blackspiderman1887 Жыл бұрын

George is so funny lol

@gabrielrodriguez81 Жыл бұрын

Dave, can you give us an episode on “What is Money?”

@carlosespinoza7635 Жыл бұрын

Watch how money works cartoon

@DotBone89 Жыл бұрын

Dollar bills are 25% linen; so the textile analogy isn't too far off!

@ryanc9888 3 ай бұрын

Bitcoin now has approved ETFs and big institutions are buying Bitcoin like crazy lol

@curtisdavis8594 Жыл бұрын

😂... "Trust"... "Greed" "Fear"...words people should study..

@bradmiller6507 Жыл бұрын

I’m utterly shocked that institutions based on fake money would collapse. Who’d have guessed that this could happen, well I mean other than people who are familiar with the history of financial scams, they’d have seen this coming.

@MyLifeThai371 Жыл бұрын

GREED

@Allaiya. Жыл бұрын

@@thefishhobbyist5478 it’s been around longer than you have I bet.