Simply Bitcoin $500K Bitcoin Is Coming & The Banks Can’t Stop It | George Bodine
Oct 19, 2025
George Bodine, a Bitcoin enthusiast and former Navy member, shares his bold prediction that Bitcoin is set to reach $500K. He discusses the end of the traditional four-year cycle, highlighting new dynamics like BlackRock's role and massive ETF inflows. George critiques the mental barriers preventing retail participation and emphasizes Bitcoin's potential for wealth distribution amid political unrest. He also stresses the importance of self-custody and long-term holding while expressing concerns over Bitcoin Core development and community engagement.
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A Different Bitcoin Cycle
- This cycle looks different: slower, stair-step appreciation driven by institutional ETF demand rather than sharp spikes.
- George argues the old four-year halving cycle may be dead and price discovery is now sustained by big liquidity flows.
ETFs Supply A Persistent Bid
- Spot ETFs created a huge steady bid, sometimes matching weeks of mined supply in a single day.
- Institutional flows now stabilize price and create sustained upward pressure, not just retail-driven spikes.
Allocation Multiplies Market Impact
- Sovereign and corporate allocations create multiplier effects on market cap beyond the cash invested.
- Small allocations (e.g., 1%) act as signaling events that can amplify market valuation several-fold.
