Where the panel landed
The panel broadly agreed that Bitcoin's price action had become hard to dismiss, with Dan Eve treating $250,000 as newly conservative and Thomas Hunt pushing the thought further toward $1 million and beyond. Victoria Jones agreed that anything was possible, but her real pushback came later: she saw stablecoin legislation and retirement-access headlines as another attempt to keep Bitcoin inside the dollar system rather than let it circulate as money. Dan accepted the institutional access story but warned that pensions tend to arrive late, often near the top.
What they were watching
The directional consensus was higher, with Bitcoin discussed around $117,530 after a high of $120,050 and a low of $117,400. Dan said $250,000 had become almost pedestrian, while Thomas argued that the old exponential comparisons pointed toward $1 million, $2 million, or $3 million before some future crash label was applied to $500,000. The panel did not settle on a single target; it watched the market as a familiar late-cycle theater where the numbers stop sounding serious before the consequences do.
Golden Cross And Late-Cycle Price Talk
The show opened with Bitcoin near $117,530 and a CoinTelegraph-style golden cross chart promising historical echoes. Dan Eve said $250,000 was starting to sound conservative, while Thomas pushed the panel toward considering $1 million and beyond as the old Bitcoin pattern of impossible numbers becoming ordinary repeated itself.
Magic Eight Ball From Barcelona
With the physical Magic Eight Ball left behind for travel reasons, Thomas used magic8ball.com to keep the ritual alive. Dan and Victoria both leaned higher, and the online oracle returned the familiar bullish answer: "It is decidedly so."
Mallorca Blockchain Days As Reunion
The panel spent time on Mallorca Blockchain Days as a Bitcoin-heavy gathering despite the name. Dan and Victoria described it less as a trade show than as a recurring family reunion, with talks, a catamaran, mining material, Nostr, ETFs, war, and the old conference rhythm of Bitcoin people seeing each other again.
Roger Ver's Captured Freedom
Roger Ver's continuing legal confinement in Spain became the episode's human counterweight to price and conference talk. Thomas emphasized the irony of an early Bitcoin holder associated with freedom being stuck in Palma, while Victoria framed it as a reminder that money does not automatically buy political safety.
Pump.fun And The Casino Still Paying
The panel treated Pump.fun's $600 million token sale as proof that the altcoin casino still had an audience. Victoria called it madness with a working business model, Dan recalled satire from the ICO era, and Thomas remained struck by the contrast between serious projects struggling to raise and a memecoin factory selling out in 12 minutes.
GMX Hacker Goes White Hat
The GMX exploit discussion landed on the practical advantage of bounty settlements. Victoria preferred a world where attackers could be rewarded for returning funds and disclosing weaknesses, while Dan questioned why reentrancy attacks were still succeeding in 2025 after so many years of smart-contract failures.
Stablecoins, Retirement Funds, And Policy Capture
The GENIUS Act and retirement-market access drew the sharpest split between price optimism and institutional suspicion. Victoria argued that dollar-pegged stablecoins were CBDCs by another name, Thomas saw the old broker system repackaging Bitcoin for fees, and Dan warned that retirement investors may only be offered Bitcoin after much of the move has already happened.
Stories, Songs, And The Next Conference
The closing segment returned to the personal and archival mode: Dan described his Mallorca performance as a story about bear markets, injury, handmade teeth, and continuing anyway. Victoria previewed her Bitcoin and war talk, and the panel looked ahead to BitFest in Manchester with the usual improvised logistics.
250K is now a pedestrian Bitcoin prediction.— Thomas Hunt
Anything's possible with Bitcoin, you know, nothing would surprise me.— Victoria Jones
It's a casino and clearly someone has figured out how the casino works and has managed to make a nice tidy profit.— Victoria Jones
What's crazy is that we're still having reentering sea attacks in 2025, right?— Dan Eve
ultimately stable coins are CBDCs by another name.— Victoria Jones
the message is just keep fucking going.— Dan Eve
Story of the Week
Bitcoin Meets The Dollar's Institutional Wrapper
The dominant story was not simply the passing of stablecoin legislation, but what the panel thought it revealed about the direction of crypto policy. The GENIUS Act, retirement-market access, and the likely role of BlackRock, Blackstone, Apollo, Amazon, and Walmart framed a choice between Bitcoin as self-custodied currency and Bitcoin as another fee-bearing product. Victoria Jones argued that stablecoins were CBDCs by another name, while Thomas cast the whole regulatory turn as the old system offering itself again. Higher prices were present, but the episode's weight sat on whether Bitcoin would circulate outside the inherited financial machinery or be held inside it.
Let's just say there's a large fork in the road and one side is what we've been talking about for over a decade, self custody by Bitcoin from an exchange, take it off the exchange and custody it yourself.— Thomas Hunt