"Bitcoin Could Go to $1,000,000" | Kraken's Dan Held Explains

by CHZ



Kraken Head of Business Development Dan Held takes a trip down memory lane as he recalls the early crypto meetups of 2013 in San Francisco’s Mission District. He also explains his pro-Bitcoin position and outlines future expectations on Bitcoin volatility and the next bull run.

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50 comments

uppermostking02 October 21, 2020 - 6:30 am

Literally all of this does not matter currently because of one single problem scalability if that does not get fixed we are screwed and Bitcoin will be gone destroyed by by hopes and dreams.

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wanda faye October 21, 2020 - 6:30 am

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D Santi October 21, 2020 - 6:30 am

You’re close minded to only believe that there will be only one winner .

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Brian McCarthy. H October 21, 2020 - 6:30 am

I thought it was all a lie when a friend recommended JOSHPROHACKZ on IG to me but to my surprise he made me rich

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chole edw October 21, 2020 - 6:30 am

Utopia is made for users such as you. You are the ones who determine the direction of our future development and the Utopia Beta Program is your influence tool.

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Garrett Parker October 21, 2020 - 6:30 am

great interview!

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Sergio martinez October 21, 2020 - 6:30 am

00:59 buenas amazing video me encanto espero el siguiente video me voy les mando besis gracias

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MaxEffort October 21, 2020 - 6:30 am

"Stop experimenting with Altcoins" & "Blockchain technology is terrible and makes so many tradeoffs" are two sentences that are counter intuitive. Why can't we experiment with blockchain technology and improve upon it so that it can be used for other purposes. You just said it sucks for everything else, which is why bitcoin isn't used for anything else. The argument of "Stop trying to improve the technology, invent something new and useful" is stupid and is where I disagree.

The Satoshi tank analogy is also pretty stupid. Sure, he built a tank and it's shitty for other purposes such as farming and stuff. But why can't we repurpose parts of the initial "tank" concept to build better cars or more powerful tractors for those specific use cases? Your point of view is so limited by what currently exists that you can't even imagine what can exist in the future.

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Luis gomez October 21, 2020 - 6:30 am

1:23 aloo re lindo video lo disfrute bastante necesito el proximo video me despido les dejo besis gracias

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Digital Nomad Investor October 21, 2020 - 6:30 am

BTC is volatile. By definition it's NOT a good source of protecting capital as a store of value. Have to give credit to the maxi's how they make up definitions to cover for BTC disadvantages.

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Sarah vi October 21, 2020 - 6:30 am

It all depends on on the strategy,I began investing in bitcoin with the sole aim to make lots of money and it has been very possible with my expert trader Mr Williams Robert. It has made me more than 2BTC with him.

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ムチャチャマヒカ October 21, 2020 - 6:30 am

I am Japanese.Bitcoin is the king of cryptographic assets!It's the currency of the future!

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Mariia October 21, 2020 - 6:30 am

Go to the INJECTIVE PROTOKOL website and discover more convenient technologies in the world of cryptocurrency.

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Louis Timothy October 21, 2020 - 6:30 am

I was blessed to come across @pedro_alejandro30 on instagram , to test the waters I deposited 0.5 BTC and after 7 days I got 2.5 BTC profit. His precision and trustworthiness can’t be compromised.

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Marlene Soifer October 21, 2020 - 6:30 am

How do I contact Dan held email phone?????

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米格爾安德森 October 21, 2020 - 6:30 am

Do you know Bitcoin investment is making a lot of people super rich at the moment, but before you can succeed in bitcoin investment you need to work with the right strategies of an experienced broker

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Financial Vixen October 21, 2020 - 6:30 am

Baby steps…lets hit 20 k first haha

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Oren Pur October 21, 2020 - 6:30 am

Who else hears of onecoin for the first time?

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Chris Richard October 21, 2020 - 6:30 am

Bitcoin went down… Dan Held

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The New Camelot October 21, 2020 - 6:30 am

Forget shit coin get silver

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sajanaa mujadid October 21, 2020 - 6:30 am

Analysis from my My expert says that bitcoin will get to its peak in next 27 days.

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Henry Millstone October 21, 2020 - 6:30 am

Dan Held is very dumb regarding Blockchain.

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Krypto Man 각씨탈 October 21, 2020 - 6:30 am

HODL like Dan HELD.

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centisatoshi October 21, 2020 - 6:30 am

1,000,000 sats ; yes..

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centisatoshi October 21, 2020 - 6:30 am

thank all of you: hard werk = ALL / XBT

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Chev Preston October 21, 2020 - 6:30 am

Eth dapp lock broke .5Tn today

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arno nabuurs October 21, 2020 - 6:30 am

What a bullshit, meanwhile defi is up 1000% and bitcoin is heralded to be "stable" at a tiny 170BLN marlet cap, BTC maximalist are muppeds lol

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100%Jim October 21, 2020 - 6:30 am

Only way to kill bitcoin is blow up the planet and the bitcoin satellites.

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0 0 October 21, 2020 - 6:30 am

Dan pretty based ngl

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AndreaJane October 21, 2020 - 6:30 am

Of course Bitcoin will be $100,000, when a bag of Doritos is $40 dollars lol
Bitcoin is valued in fiat, that’s the underlying problem you all don’t see

What do you think will happen when eventually the dollar gets devalued overnight? You think bitcoin price will magically be adjusted to the devaluation? No, it will be the same $9,000 dollars per unit, except that $9,000 will buy way less

Americans have never experienced that, an overnight devaluation of their currency, yet

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Jay Co October 21, 2020 - 6:30 am

Maybe we should buy a little Bitcoin each week

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hv_ October 21, 2020 - 6:30 am

And the only Bitcoin that really works from the beginning is Bitcoin Satoshi built bsv

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Dave West October 21, 2020 - 6:30 am

Thank you Dan, for this special encouragement to stay true to bitcoin investments. I also believe that it will reach $1,000,000. 💪

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Larry Bulthouse October 21, 2020 - 6:30 am

I THINK YOU ARE INSANE A MILLION OF NOTHING IS NOTHING

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Bitcoin blockchain October 21, 2020 - 6:30 am

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Teds World October 21, 2020 - 6:30 am

M2 Dollars $18,000,000,000,000 ÷ World Gold 6,352,216,000oz = $2,833/oz

M2 Dollars $18,000,000,000,000 ÷ 21,000,000 Bitcoins = $857,142/BTC

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The Earner October 21, 2020 - 6:30 am

Bitcoin could have gone to a million if they kept it off the futures market now it will be forever manipulated

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FM. Alexander. October 21, 2020 - 6:30 am

All you need is HEX. BTC is videogame money.

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ekidmusic October 21, 2020 - 6:30 am

People are so blinded by numbers bitcoin never will reach. This is tech, and tech doesn't take 20 years to develop, without having to compete a better solution. Bitcoin is and was beautiful but the next thing isn't bitcoin, it will be an Alt or Next Gen.

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johan magnuzzen October 21, 2020 - 6:30 am

WHAT HE DOES NOTE REALIZE: Bitcoin was created by the CIA to draw money into digital currency. The idea that a "rogue" programmer could somehow "upend" the dollar is the most ludicrous thing I have ever heard. Bitcoin is not "challenging" the dollar, it is DESIGNED to challenge the dollar and take it over.

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JimmytheGenius October 21, 2020 - 6:30 am

Nobody ever talks about the network being able to handle a bitcoin worth 500,000 and taking 3 hours to confirm a transaction

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Anacott Steel October 21, 2020 - 6:30 am

Have fun missing out on those delicious altcoin gains. These bitcoin fundamentalists are the same people that are still holding 2017 bags.

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BinHexOctal October 21, 2020 - 6:30 am

This guy is a BTC maxi muppet and I can't believe Kraken has such close minded people working for them.

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Christian Cullen October 21, 2020 - 6:30 am

Lol Bitcoin is a giant bubble..

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james drake October 21, 2020 - 6:30 am

Man this guy has a fat head but he’s cool

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Neil Barnard October 21, 2020 - 6:30 am

Serious + interesting Guy. But what do we do when Bitcoin goes 10x 50x or 100x?

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Mark October 21, 2020 - 6:30 am

Interesting how a guy that works for a crypto exchange is always saying bitcoin will go to the moon. It's almost as if he wants more people to sign into that shitty platform.

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Barney Casting October 21, 2020 - 6:30 am

Bitcoin will not even reach $20,000 at the end of 2020.

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Wolfgang Amadeus Mozart October 21, 2020 - 6:30 am

With people like Dan, exchanges, miners, traders…. holding a shit ton of BTC. I dont think it will EVER become stable in value until it completely decouples from fiat.

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ムチャチャマヒカ October 21, 2020 - 6:30 am

Bitcoins and lightcoins and risks always grow!!

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