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Crypto analyst James Altucher just launched a new online sales page for his email newsletter The Altucher Report. The sales page describes how bitcoin is about to go on its “final bull run”.
What is James Altucher talking about? Why is this “Bitcoin’s Final Bull Run”? Today, we’re explaining what’s going on with James Altucher’s newest sales page.
James Altucher Claims September 30 is the Most Important Date in Crypto History
First, James Altucher with a bold claim that is easily proven false. Altucher claims that on September 30, the United States Securities and Exchange Commission will publish a press release “that could have a profound impact on your wealth and the wealth of your family for generations to come.”
Altucher is referring to the VanEck SolidX Bitcoin Trust ETF that is making its way through the regulatory process in the United States. That ETF is one of the most promising in the space. Many experts believe it will be the world’s first bitcoin ETF.
It’s true: the SEC had until September 30, 2018 to approve, deny, or delay the decision on the VanEck SolidX Bitcoin Trust ETF. The SEC chose the latter option: last week, the SEC announced that it was delaying its decision on the VanEck SolidX Bitcoin Trust ETF until the end of 2018, with an option to further push the decision back to February 2019.
Despite the fact that this is easily proven false, Altucher claims that on September 30, “the US government issues this shocking statement” that will “release a wealth explosion like we’ve never seen before.”
On this date, Altucher claims that “an estimated $5.1 trillion windfall of institutional money” will “send bitcoin straight to $100,000 within a matter of weeks…and $1 million in the following months.”
Yes, Altucher is really trying to convince you that the bitcoin ETF announcement will instantly cause trillions of dollars to pour into crypto, causing the price of bitcoin to rise to $1 million within one year.
Obviously, the September 30 deadline is no longer an issue. However, the VanEck SolidX Bitcoin Trust ETF could still be approved in December 2018 or February 2019. If it’s approved, then it will undoubtedly set off a strong bull market for bitcoin. However, it’s unclear if the Bitcoin ETF will be approved.
Ultimately, James Altucher’s entire sales page rests on the idea that the VanEck SolidX Bitcoin Trust will be approved. It seems unlikely that “trillions” of dollars will pour into bitcoin after ETF approval, and it also seems unlikely that bitcoin will ever reach a price of $1 million – especially not within a year.
Nevertheless, Altucher has a history of making bold price predictions – for better or worse.
Who is James Altucher?
James Altucher is a former hedge fund manager. Today, Altucher spends most of his time writing e-books and online newsletters. He has made various TV appearances over the years. In 2017, he was infamous for appearing in online ads where he called himself a “crypto genius” or “crypto guru.” He’s the guy with the crazy hair.
If you ask Altucher, he’ll describe himself as “A hedge fund manager, entrepreneur, best-selling author, venture capitalist, and podcaster who has founded or cofounded more than 20 companies.” That’s the description Altucher wrote for himself on Wikipedia.
Like most crypto analysts, Altucher has made good and bad predictions over the years. The sales page for Bitcoin’s Final Bull Run highlights most of his good predictions. Altucher claims people who follow his advice can expect to triple their investment overnight, for example. He claims that people who follow his advice have made 10,000% or higher returns.
What’s Included with The Altucher Report?
The main point of the Bitcoin’s Final Sales Page newsletter is to convince you to sign up for The Altucher Report, a monthly email newsletter. In that newsletter, Altucher will highlight different income opportunities.
Here’s what’s included when you sign up for The Altucher Report through the latest sales page at Bitcoin’s Final Bull Run:
12 Issues of The Altucher Report: The issues are delivered on the first Monday of every month.
How to Buy Bitcoin with Zero Risk: Altucher explains how to buy bitcoin with minimal risk using techniques like dollar cost averaging, where you spread out your bitcoin investment over a long period of time to avoid short-term market fluctuations.
The 48X Back-Door Way to the Cryptocurrency Market: In this report, Altucher describes how you can invest in cryptocurrency without directly buying bitcoin or other cryptocurrencies. You can buy Nvidia stock, for example, which has skyrocketed over the past few years propelled by the crypto mining boom. Altucher lists a handful of public companies that are involved with crypto in some way or another.
Make 1,000% from the Seven Biggest Money-Making Trends in America: Altucher claims to have inside information about various companies. “I tend to hear about investment ideas before they become popular…thanks to my extensive network that goes from Wall Street to Silicon Valley.” Because of his insider knowledge, Altucher is able to recommend companies before they explode with growth. Investors who read this report can expect to earn 1,000% returns on their investment.
The Choose Yourself Guide to Wealth: This 279-page book features Altucher’s income earning secrets that he has used to make money over the years, including “how to eliminate debt in 30 seconds or less” and “how to make $40,000 a month on Amazon.”
Cryptocurrency Package: James Altucher’s cryptocurrency package includes a 6-part video series “Masterclass” as well as a book called, “Cryptocurrencies 101: How to Make a Fortune from Digital Currencies”.
The Altucher Report Refund Pricing
The Altucher Report comes with the following pricing options:
Print Plus Digital Subscription: $79 USD per year
Digital-Only Subscription: $49
Your subscription will automatically renew every year. You can cancel at any time. You can also get a refund on your renewal within 30 days of your renewal going through.
Conclusion
James Altucher has launched a new sales page to convince people to sign up for his The Altucher Report. That sales page convinces you that the biggest bull run in bitcoin history is coming in the near future.
James Altucher claims the bull run will start on September 30, 2018, which is when the SEC was scheduled to make an announcement about the most promising bitcoin ETF in the space. However, the SEC made a decision earlier. In mid-September, the SEC decided to postpone the decision on the VanEck SolidX Bitcoin Trust ETF until late 2018 or early 2019.
Despite the missed timing, Altucher claims that bitcoin is expected to rise to $1 million within the year. He also claims that investors who follow his advice can expect to earn returns of 1,000% to 10,000%.
Ultimately, if you think you can get rich quick with James Altucher’s advice, then you can sign up today at the Bitcoin’s Final Bull Run sales page.
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Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.