BTC makes ATH- let’s talk crypto

Recorded: March 14, 2024 Duration: 0:40:07

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Hello, everyone. Happy Thursday. I'm just waiting for most of more members to join us
so that I could just quickly start this piece.
I wanted to do this piece yesterday. Since yesterday was Wednesday, because of some issues,
we could not do this and had to reschedule for today. Hope everyone's doing good. And
we all know Bitcoin's all-time high. So let's dive into crypto today. As the topic suggests,
we are going to discuss about the BTC, which is all-time high right now, and we'll discuss
about other tokens as well. And we'll give you guys a very quick update on GRN Grid as
well. Welcome, everyone, to our Twitter space with GRN Grid. We are going to dive into the
exciting world of crypto at just like Bitcoin beaches on all-time high and get ready for an
insightful discussion on what this means for the crypto market and beyond that. If you guys want
to come over to the speaker panel and have discussion with me, you guys are most welcome.
So, guys, it's just an electrifying time for all the crypto enthusiasts, as Bitcoin smashes records
where years to unpack all the implications and the opportunities that it presents, right?
So, what are we going to do today is we are simply going to explore the factors driving the Bitcoin
surge, its impact on the whole border crypto landscape, and basically what it signifies for
the investors, traders, and the future of finance as a whole. Plus, we will be taking your questions
and comments live, so don't hesitate to join the conversation today. I'm just not seeing much
people today onto our... No, I'm sorry. I went out and now it's like, okay, there are plenty of
members. So, yeah, like whether you are a seasoned crypto investor or just like curious about the
hype so far, the space to be. So, grab your favorite beverage, settle in, and let's just unravel the
mysteries of the Bitcoin's monumental rise together.
Also, if you guys want your friends and families or any fellow crypto enthusiasts to join us,
then you guys can recommend them as well.
So, throughout our discourse, what we are going to do is we are going to meticulously
overall examine the catalyst, propel in the Bitcoin surge and the ripple effects that it has
brought across the expansive crypto landscape as a whole, and then implications for all the
stakeholders, be they investors or traders or just like architects of the future financial paradigm.
That's what we are going to do.
We are just like... I would love to see your participation as well if you guys could just
come over here and then participate as well and just like share your views and thoughts
about the surge. Bitcoin has like broken towards all previous, all-time highs.
There are many people wondering whether we are like due to the nasty corrections or something else,
right? It's just like happening before the halpin, like it does not feel the right,
lots of people, lots of speculations out there. So, it seems like as if the crypto market is
just like cheated by the previous market cycles and does not want to believe that the things are
this good to be true, because that's where the sentiment has been circulating right now.
But the reality is that things have really changed this time. And yeah,
like we know like one of the biggest barriers to investment in Bitcoin in the past was the fact
that the people were not able to invest in them in like completely regulated fashion.
That's how it was in the past. And if you were a fund or even other institution,
you could just like not use your traditional investment procedures to get the exposure to
the Bitcoin itself, right? So, what happens basically is they could not access them through their
like once they exchange partner or any short brokers. So, they would just like have to
exchange the crypto, what we call OTC or just exchanges and physically buy the Bitcoin.
They would also have to store it and just like keep it as at a custodian in a custodian way itself.
So, what happened is like the problem in that many of the funds didn't like have the experience
or even the remit to do this, right? They were just like restricted from investing in Bitcoin
in its current form. And yes, they could have bought BTC futures ETFs. So, they could have bought
but this were just like inefficient and costly, right? So, they had some trackier errors and some
what we call proxies at the same time. So, what I'm trying to say is like it's not just on
institutional side either. I mean, even the investors like retail investors were sidelined
from investing in Bitcoin because they were just like daunted by the thing of having to buy the
Bitcoin and just like sales costed it at the same time, right? So, with the FDX press in their minds
like the FDX is still fresh in their minds, right? They were just like worried about the chances of
losing it on an exchange by just like outsourcing the custody itself. So, yeah, quite simply like
hundreds of billions if not like trillions of dollars of a potential like market had just like
no reasonable way to invest in Bitcoin. And that all changed. Everything was changed. That was the
perception before. Like that was what was happening in the past. But that all changed with the spot
ETFs. Now, the large institutions which otherwise would have just like passed on Bitcoin can just
easily gain the exposure by buying the ETF share as simple as that. And this shares are just like
highly liquid and easily accessible at the same time, right? So, yeah, like this is not only restricted
to institutions either. The ETFs have just like whenever we talk about ETFs, ETFs have just like
provided the entire new wrapper. I mean, to which the retail investors can invest in Bitcoin. So,
ETFs are just like change the game overall game, right? So, just as easily like we buy the shares on
the trading accounts, like we can easily get an access to the Bitcoin at the same time. So,
it's not just like ease of access that makes this ETF well suited to the average retail,
but there are also the other advantages. We have talked about the Bitcoin ETFs in the past like
there were many sessions where we were constantly discussion about the Bitcoin ETFs. But
like beside this, we never discussed about the tax advantages that it could come with it, right?
So, quite simply, the stays were shed for the spot ETF launch. And when did it come?
It just like defied even the most optimistic expectations so far. So, that's how it went.
And then like, and right now Bitcoin is all time high. That's how it started. That's what I wanted
to say. And Bitcoin has just like reached on the all time high surpassing its previous peak,
which was in 2021. And this milestone can, is just like significant not only because it
demonstrates the BTC resilience, but also because like it like overall reignites the discussions
about its potential as a whole, as a store of the value and investment opportunity as a whole
for the investors who wants to come over and just like invest on Bitcoin, right?
So, what is the reason behind this surge? I mean, this was not expected at this particular
time before the help and the surge happened. So, many people were curious about this surge,
though like we were marking ourselves to the bullish cycle, but we probably had not expected
that it would turn just like, it would just like turn upside down, like it would just like reach
all time high. So, what are the factors that contributed to the Bitcoin's latest surge? I
mean, there are lots of things that have impacted after the approval of the ETF, spot ETFs. This
have been possible. That's my view. But like the main thing that comes in our mind is the
institutional adoption, right? So, institutional adoption of Bitcoin has been just like
steadily increasing with the major companies and a lot of financial institutions overall
allocating the funds to Bitcoin as a part of their investment strategy. So, this has happened a lot.
This is the reason. There are several factors that might play a role whenever it comes to
the coin surge. And then this is one of the factors. And this institutional interest lends
the overall credibility to the Bitcoin as a legitimate asset class that has been characterized
as a legitimate asset class, right? And beside this, there are also like various kinds of
macroeconomic environment that comes over it whenever we talk about the adoption, whether it's like
economic uncertainty fueled by factors just like such as inflation concerns and then
geopolitical tensions at the same time and whether we talk about the monetary policy decisions at the
same time, right? So, this has always led the investors to just like seek the alternative stores
of the value. So, Bitcoin with its decentralized nature and just like limited supply is increasingly
viewed as the hedge against a traditional finance risk. That's how it is viewed as. And obviously,
like beside this, the market dynamics would play a very crucial role as well. So, we know
like every tokens or like when we talk about Bitcoin price is also like overall influenced
by the supply and the demand dynamics within the market itself. And as demand for the BTC increases,
whether it's driven by both retail or institutional investors, its price just like tend to rise. So,
converse the factors such as regulatory developments or the negative sentiment can just like lead to
the temporary price correction. That's what it's believed. But like beside that, there are very,
there are certain implications for the investors as well. And it's just like the surge in the Bitcoin
price reaches the important consideration for any investors would love to come over and then just
like invest. We will talk about this after like pulling our couple of members if they are
interested to give their opinions about the topic that we've been discussing right now.
So, guys, I'm just like opening the floor for the speakers to come over and speak.
If anyone who would like to come over and speak here, please send me the request and please come.
Anyone there? Hello. Okay. Looks like I've been getting a request.
So, I'm just like trying to pull the members, but I'm not sure like whenever
like we try to do this, there is some kind of problem that arises.
Okay. I think I'm able to add the person to the speaker panel now then.
Hi, welcome to the space and happy Thursday. Yeah, happy Thursday. How are you doing?
I'm fine. How are you? I'm doing great as well. Actually,
we were planning to do the space yesterday where things didn't turn out well. So like we
had to do this now. Yeah, okay. So, what's your perception about the Bitcoin price,
like about surge Bitcoin price, which have reached all-time high?
Yeah, I think Bitcoin will go more higher actually. I think it will go around 100k or something.
I wish that would be good to be true, but I'm not sure about it. I don't think we would go
200k this fast. I think it will go a maximum 100, but I think it would go more 10,000 to
2,000 dollars a block, like 80 to 90,000 between. It would stop at 80 to 90.
Yeah, let's see about that. I can't claim this right now. I've been like setting things
onto my own perception, right? But like, yeah, let's see, like hope the things that you have said
would be good to be true. Yeah, let's hope for the best.
Yeah, so how is it going? Like have you, are you a new investor or you were
into this piece since a very long time? Just wanted to know that.
I'm new to the crypto field around, I started around 4-4 months ago.
I didn't invest anything in Bitcoin, but I invested in Ethereum.
Okay, that's nice. Ethereum will definitely surge as well. But right now, like Solana,
it just like skyrocketing if you have invested in Solana.
Yeah, I didn't, I didn't.
Okay, Ethereum is going to do good as well and it has a potential to reach all time high as well.
So do you have anything to share or anything to like give your insights on?
Yeah, I have a question to ask.
Yeah, yeah, sure. Please go on.
What do you think that any other coin that can, we have the all time best like Bitcoin right now?
You mean all time high?
Yeah, any other coin other than Bitcoin.
Okay, so good question. Bitcoin has already reached to all time high, right? It was like,
it has surged than that what its price was in 2021 where when there was a bull cycle.
So beside this, I think definitely Ethereum had a potential to reach all time high.
And obviously Solana, the way Solana has been surging right now, it's just like,
I am an investor of Solana as well. So I think like Solana would just like
take over every coins. That's what I believe. Hope it turns out to be true since I'm an investor.
So yeah, like I think this and then obviously Polygon is there.
And beside that, any token like in this bull cycle, according to me, any token that's like,
that's on top 100 or 200, they are like simply gonna do 20X up to 20X or like if not than 10X,
that's what I believe. So when we talk about all time high, we just like see if this token has reached
to this price in the past or not, right? So in my opinion, I think almost every coins there would
definitely almost every potential coins like with a good utilities with a good,
obviously there are other sheet coins as well that may just like come and go at the same time where
like almost good coins with good utilities would definitely reach all time high this season,
this crypto bull season. That's what I believe. Yeah, thank you for your answer.
Yeah, you're most welcome. You're most welcome.
So any anything else that you'd like to share?
No more, I just had the question to ask.
Okay, okay. Thank you. Thank you so much. Now, I'm just like,
okay, so I'm gonna take another speaker for now then.
There's another person. Hello, Gara. Hello. How are you doing? There's some sort of disturbance at
your end. Can you hear me? Hello.
Hello. Hello. Hello. Yes, yes. Yes, Kara. Hello. Can you hear me?
Good evening. Do you have anything to share or any question you would like to ask?
When you guys start activities on GRN, the last few days, a few months, no activities are
wrapped up. Can you please repeat that again? Sorry, I didn't get you. When are you guys
start activities on GRN? You mean like community activities?
Ah, yes, yes.
Okay, so yeah, like since, can you please like mute yourself so that I'd be able to
like answer you properly? Okay.
Yeah, so this like, it's been a month since we haven't had our couple of months, I think.
We haven't had the activities, any interesting activities so far. Right now, we have just like
hired the new developers and our whole focus is going on like developing a blockchain right now
and there's a lot of things happening behind the scenes, right? And we have just like partnered
with California Best Company, Passage, and we're just like working out to like synergize,
working together to synergize together. So yeah, our whole focus is on a partnership
and on like development work right now so that we could just like quickly start the marketing
as soon as we wrap up with few things that we are doing right now.
So yeah, it's a good question, but like beside happening, beside everything is happening,
whether it's a development work or it's like what we call it's about the partnership announcement
anything, right? It's important to have the community campaign as well since we are here for
our community, but like we are super very, very, very communicative when it comes to our telegram
and other community handles, other social handles that we have so far. And we've been planning just
like strategizing to launch the proper marketing campaign and just not go for the small
activities for now, since we're just like eyeing on some big things, right? And about the listings
as well, you guys know there's some sort of delay. We were planning to do this on March and just like
inform our community before that. But like the same things is we haven't got the same response
from the other parties, so it has delayed a bit. But what's our plan is to just like
go through the marketing strategies in a very like where we could just like collect,
we could just like wrap everything collectively and go in a very pace way, right? Where like we
are having the developmental work as well and we are like we have done with the partnership as well
and we could just like start a community campaign in a very vigorous manner before the listings or
even like. So when last time we had a GLE campaign which was happening within the community, there
was some sort of reward and that the participation was good as well. So before the listings or before
any big things, before the announcement of big things, we might end up organizing the low
tier campaigns where we could just like reward our community members, right? But like we won't
be having, we won't be organizing any short of big campaigns for now. What we are going to do is we
are going to take everything like take a big marketing strategies with what we are doing and
when it comes to marketing, like obviously the community campaigns would be there where
the community people would be able to get rewarded with a very good amount of tokens or
good amount of price or rewards. So whatever we are doing right now, the space it's one of the
part of one of the community campaign as well but it's just like a communicative campaign where
we tend to share our insights and we tend to like talk about certain topics, right? But
when it comes to the activities especially dedicated for our community, we are just like
looking an eye to start or just do the low tier activities probably starting this month.
That's what we've been planning to do. I hope you got my point, Kalyan.
Yeah, thank you. Yeah, you're most welcome. I'm just thankful that you're convinced with it.
Okay, so before taking more speakers, let us just like continue with what we were
talking about before. I mean, I discussed about the factors that has added as like
behind the Bitcoin surge or behind Bitcoin's success, right? But what are the implications
for the investors? We haven't discussed about this before. So we know the surge in the Bitcoin price
always reaches the important considerations for all the investors out there. So it's very important
to realize about the volatility management as well. Well, just like Bitcoin's upward
trajectory always presents the opportunities for the significant gains and it always
comes with the heightened volatility, right? Investors should be very aware about the risk
management as well and investors must just like carefully manage the risk and consider the
diversification strategies as the same time to mitigate the potential losses because what happens
at this time whenever the price is surging, then it's like a four more. It's like a lot of people
comes over and then they're like, okay, I'm going to invest in Bitcoin now since
people don't give much attention when there is a bearish trend going on if you were a seasonal
investor, right? Like they don't care about it much and whenever like the price is on top,
then there is like form, okay, I think I should invest. I think I lost it. I think I missed an
opportunity for the investment. I think a lot of people are becoming a millionaire. A lot of
people are getting a lot of money because of this market, but we are just like here
left behind. That's how the sentiment works in this industry and that's what has been happening
as well. So the investor who knows what he's doing, he should always know about the volatility
management as well because like the market is always volatile. We can't say that the market
is always going to move like this. Bitcoin is always going to be 72k, 73k, right?
Because we have seen all sort of cycles since we have come over here, like whether it's a bearish
trend or whether it's like a lot of regulatory issues that we have faced so far, right?
So it's important to just like be very careful about the potential losses and how to manage
the risk at the same time as well. And also like it's just like time for the long-term outlook,
right? Despite the short-term fluctuations, many investors like remain bullish on the
Bitcoin's long-term prospects. So they just like view it as a transformative technology
with the potential to disrupt the traditional financial systems and become mainstream asset
classes at the same time. So it's just like important to look over the long-term outlook
at the same time. And obviously, we have discussed about this a lot, like the regulatory
environment, how important factor it is, right? So regulatory development always plays a crucial
role in shaping the future of any digital assets, like whether it's Bitcoin or the other, like as a
whole broader cryptocurrency market. So investors should always like stay informed about the
regulatory changes and they access their potential impact on the Bitcoin's overall adoption and the
price itself. So we know like Bitcoin's all-time high marks as a very, has marked as a very
significant milestone in its journey toward the adoption as well. So it's while the surge in price
always like it underscores growing investor interest and overall confidence that our investor
has, right? Like we've been in a market for such a long time, we are now confident to
explain to people about Bitcoin, okay, so this, this, this, Bitcoin's price was like this in 2011
and right now its price is this and see like what you have lost. Like the way we explain to people,
like recently my friend who was very new to crypto, who was into stock market, but he didn't
had an idea about the Bitcoin and cryptocurrencies, he was just like curious, okay, what is this?
Because we know like the market is just like bullish and people are like more of more people,
institutions are just like coming and then trying to invest on it. So he was like, okay,
tell me about everything about the prospects and how, what's the future and how would this
would go? And then I, I, I just like elaborated everything that I could to him in a very precise
way. And then I talked about Jigar in grid as well and just like said to him like how things
would work and how we are working for sustainability and how like the, what is the future of the
Bitcoin overall. And I like, he was still after that, he was not convinced, like he was not
convinced to invest, but because of the formal that he was having, because like his friends
were investing and he was like, he was like pretty, what do you call, he was pretty, okay,
I should, I should, I should do this. Otherwise I'm going to get left behind. So he didn't
understood the overall prospects or overall thing behind the, behind how market works or how,
what this digital assets are, but because of the formal, he was ready to invest because all
of his friends were investing, right? So yeah, it's, it's just like, it's, it's on the scores,
the need for the cousin and the, the reasons in navigating the overall cryptocurrency market and
we know as Bitcoin continues to evolve, investors should always stay informed,
adapt to the changing market conditions and make informed decision to overall capitalize on
opportunities presented, right? So as always investing in Bitcoin or any sort of cryptocurrency
carries are inherent and inherent risk. And then individuals should conduct the research
instead of asking someone else and just like overall relying on their knowledge. Individuals
should conduct the research and seek the professional advice before making any investment decision.
That's how it works. So, okay, I think we were not planning to extend this piece for a longer
time. We have already like taken two speakers for today. If anyone wants to come over and speak,
they're most welcome, but we might, we are already running out of time. So we might not take more
speakers now. So yeah, guys, thank you so much for joining us today. We know that as Bitcoin
continues to ascend the heights, let us just like carry the, carry the spirit of exploration,
innovation, and the lightning, the way towards the future, brimming with possibility of the
digital assets as a whole. So until we can then again, like may your crypto journey be marked by the
resilience and just like boundless curiosity, right? Bye-bye and stay green, go green. We will
be updating you guys on our Telegram channel about anything that we are planning to do ahead.
So don't forget to just be active there. And then we are going to have our, we are like looking
forward to have the next piece with our team. So they will be giving the overall updates on
the project itself. Till then, happy Friday. It's Thursday, though I would not be able to wish you
guys tomorrow. So happy Friday and have a great weekend after that. Bye-bye, take care.