Why Bitcoin's Revival Is Different This Time Around
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- Опубликовано: 15 май 2019
- May.16 -- Barry Silbert, Digital Currency Group founder and chief executive officer, discusses what's behind the revival of Bitcoin with Bloomberg's Joe Weisenthal, Romaine Bostick and Caroline Hyde on "Bloomberg Markets: What'd You Miss?"
I wouldn't sell my gold for bitcoin, but I'm buying Bitcoin and other crypto currencies.
@Truth your bank account and gold derivatives are useless under a "super solar flare" as well ;)
Invest in kbc and kcb coin!..i promise you'll thank me later.
@Truth The war you're preparing and hopeing for won't happen in our lifetime. Good luck with your food cans and ammo.
Truth actually in a “shit hit the fan scenario” gold would be useless. Clean water and guns would be worth more then a wheelbarrow full of gold
Truth wronggg
These newbies to the market forget how sloppy and Wild West the whole technology Market was back at the turn of the century. people scoffed at the imperfections in the internet.. and the tech industry. They were sure that it would never be viable... think of all the failed IPOs in the tech industry! Cryptocurrencies are only about 10 years old
we're just at the very beginning. Innovation is going to happen the next 20 or 30 years you won't recognize the crypto-currency market. People need to be patient! We're not even in the early adopter phase of the crypto-currency market. We're in the Innovation stage. The Innovation stage is really early! I bought my first Apple II e back around 1985. It's a relic. Look what we produced in the last 35 years in the tech industry. Cryptocurrencies are in the same boat for God's sake! We're just at the beginning enjoy the ride!
Success Mentor If we’re only in the early adoption phase and crypto’s are still “imperfect” does that mean something better than BTC will come around? If so what will that mean for the value and use of BTC if people opt for a “more perfect” crypto?
@@9pt9that's what trading is for
You are absolutely correct Success Mentor, I just subscribed to you for this statement lol. And I'm a TOTAL newbie and even I know this. Well, I guess that makes me not a newbie anymore, I'm starting to develop an eye for this space. Blockchain Passionate & Crypto Crazy hehehehe
@@aer9313 Oops, wait, I forgot...Remember now, crypto isn't green and leaves a footprint so we all know right there that's not the direction we are going. And there is an alternative that solves the money issue. Now, for the newbies, however, blockchain is a technology that is here for good.
The fact that people are trying to get gold holders to sell into bitcoin tells you all you need to know. If gold was the scam it would be the other way around. People might buy bitcoin - but they're not going to sell off their gold.
You can't even *mine* bitcoin without gold - or spend it without gold, the entire information economy is dependent on precious metals like copper, silver, and gold.
I like bitcoin… well I did for a while (before this recent scam pump that is). But lame stream media suggesting to dump gold is creepy af, I must say. Someone out there in the shadows must want more gold.
Ethereum classic???? wtf. lol. All the developers are on Ethereum ETH,, not classic ETC and ZCash has HUGE founders pay... WTF is this guy shilling? Do your research everyone!
ETH > ETC
XMR > ZEC
@Robert A. I understand this argument but it's not really valid imo. There's no real development going on in ETC. Even in ETH there's not that much development going on. ETC has been 51% attacked and it has been hacked before already. It's a very weak coin and shouldn't be up in the top 20. Its only confusing for the people in the market.
@Robert A. Obviously its not the eth that vitalik fell in love with as he supported the fork and is active in the development of ETH and ETH 2.0, but please get some skin in the game and keep buying trash that will trend to 0 like ETC BCH & BSV.
The dude on the right side seems like he's turtling a giant log but pretending everything is fine.
Bitcoin is too good for this world.. We deserve that damn fiat..
nimo hobbs it’s not fiat...
@@rp479 That's his point
Bitcoin please go to moon... Got to be loving this crypto market
I work with Mr philip Jackson. He is the best tutor in cryptocurrency right now and a genius. We all know btc is on the bull run now
He has helped me trade my 3BTC to 19BTC since March
i have been working with him for over 4 months now , i must say the outcome have been good so far
WOW, COOL
HOW CAN I CONTACT HIM PLEASE
Cryptophilipjack @ Gmailcom
contact him
@@declanraphael8773 THANK YOU SIR
If one wants to invest in bitcoin I would encourage purchasing bitcoin instead of invest in this unsecured bank etf of bitcoin. The banks contributed greatly to the 2018 bubble.
Yes agreed hold your Bitcoin in your own wallet your Ledger.
The etfs are for pension, retirement superannuation funds to have a small exposure to Bitcoin.
Very impressive , how can i contact him ????
Anderson Roberto is good, I appreciate the trust built over the past few months of working with him and I respect him for his honesty and hard work.
I lost $20,000 on my first trade as a novice but since I came across Anderson Roberto ,I've fully recovered my loss and gained close to $50,000 more with his strategy and consistency in trading
I'm overwhelmed with joy and happiness investing with Mr Anderson Roberto, He grew my token to $30,000 in 4weeks.
Last week's investment yielded a sum of $2,850 and is all thanks to Anderson Roberto Trading.
His consistency in making profit makes him outstanding from other bitcoin traders
In 2 months I have close to $10,000 on my account with $2,000 as capital and have withdrawn up to $5,000 from it. without an affiliate program it is a bull run on the account
,thanks to Mr Anderson Roberto.
Buy both
"Different this time" plus "Bloomberg" equals "sell."
yap!! BTC to the Moon LMFAO, going to $1000 in 2-3 years
@@ryansettani388 really? What else do you see in your crystal ball?
@@A.spec-alan I dont have a Crystal ball, I have common sense. My 17 year old son has a crystal ball, and he wants to buy BTC:)
Time to dump bitcoin. Wouldnt recommend to re-enter until this hype cools off again - they desperately look for buyers.
What are the smartest ways to convert larger sums of litecoin into cash?
Ethereum classic? Weird
etc is the baby eth very cheap room for high returns... buy low sell high get ur lambo/realestate.... relax n chill
ETH is too much of a BTC competitor for Barry and BTC maximalists in general. Of course, the vast majority of programming mind share and resources are going into ETH rather than ETC.
@@mjkeating Digital Currency Group isn't selling any of their ETC.
I believe in bitcoin and hold at least 1BTC
But this lad does not understand what gold id
@Scott Matthew STFU Pajeet
Bitcoin Shatoshi Vision is the real Bitcoin
@@Mellowman468 Palm Face
@@Mellowman468 Cringe bro
Hedge against fiat with Bitcoin 💪
Has been good to hold digital gold. Outperforms everything 🔥
Xa Ya Za Za 💯
why don't you try and travel with gold...it's impossible...heavy and customs will give you a hard time...digital is the future ...
John Wijnberg goldmoney: digital gold
Barry confuses the value of Bitcoin with value in general. Bitcoin, or possibly some other cryptographic asset, is definitely the future medium of exchange for things of value; but what is intrinsically valuable will always be the same and what is valuable is also tangible: like real estate or gold.
We should ask, "Why does the "short interest" in Bitcoin continue to rise with the price increase? Have not yet felt enough pain from the bleeding?
Hmm.. or maybe... Imagine the players on Wall Street waiting for the infrastructure and regulation to set in place for their full participation in the best-performing asset class of the century. Well, maybe if I were a large institutional player waiting on the sidelines, and I notice that retail investors are fronting a surge in interest & price for bitcoin, and if I could afford to sit on an underwater short position, then I might effectively be able to manipulate the price at a future time to scare newcomers away to maybe tip the scales, in order to delay or hold back prices until entry - or any number of possible desired outcomes. Especially if I had friends that think the same way
holy moly.... it is happening !!!!! get ready people..
And he's broke
2 BIG Reasons for Price Rise
First REASON:
Fidelity Investment putting in $100 B soon. Price going to USD +20 k for sure. That is why all big game players all over the world are taking positions quickly.
So do not waste time - make a decision now or you will miss at least 50-80 % return.
Second REASON:
Do not forget that at least 3 major ETF applications are lying with SEC of USA (Check details on CNBC site) to be decided in next 2-3 months. All knowledgeable investors know this fact that the decision will be in favor of BTC. SEC is just taking all precautionary measures before making a final decision.
So take positions NOW or you will have just a big REGRET left with you.
For the life of me I can't understand why people don't see this coming. Infrastructure is being put in place for cryptocurrencies and huge companies are coming on board. Anyone who misses this revolution deserves to get left behind
bullshit. Tether is falsely propping the price up
Perfect sell signal, thanks
Am I the only one who trades crypto profits for Gold?!
No, that's why they are attempting campaigns for you to do the opposite. They really really care about you as a person, lol
Trading crypto profits for gold, is how you lock it in with high probability (safeguard). Turning in gold for crypto, is how you potentially fritter it away with high probability, by making it liquid enough to be stolen quickly.
yes
What is Horizen? Sounds like he is impressed by it!
Learn more here horizen.global
Well. Now i understand why horizen has been pumping so hard! Best gainer so far in my portfolio
Barry Shilbert. ETH > ETHC MONERO > ZCash
How are people with gold supposed to go digital, where do you go with your gold to have it verified, digitised and uploaded to some block chain.
You sell gold, and buy bitcoin (the new/digital gold).
@@SAL-fs1mr Right, so when you used your fiat to preserve value in physical assets, to digitise those assets you have to sell them to a third party so that any residual value you get left with can be digitised into a virtual assets. So physical possession of precious metals does have potential third party risk, your divulging to a third party that you have precious metals. Your at risk at the moment of exchange into depreciating paper debt promissory notes. I cannot see digital gold taking off unless you can see a daily tariff of exchange in a competitive bricks and mortar banking environment.
Exactly. And that is the reason why good cryptocurrencies can never be backed by anything physical.
..And one of the best attributes of them.
Basically, they are backed by everyone's electronic signatures (keys).
harryzero 156 Bitstamp offers this
Check out quintric, it might be what you are looking for.
Great drop gold concept
Don't listen to these people hoping you rush in. Bitcoin will dominate world finance one day but it still has 3 colossal hurdles to overcome. If you put your money in now, be ready for a roller coaster ride. .
1) There are still straight up scam coins in the top 10. Bitcoin and crypto in general can not succeed as long as ponzi schemes like XRP(60% owned by Ripple) and Tether(The joke of the cryptoworld) are still in the top 10. (I am not a financial analyst. I am an android and blockchain developer and have been writing code since Reagan took away funds for youth computer instruction).
2) The intelligence of the average crypto investor needs to increase dramatically or you will continue to be a pawn for whales and corporations pumping you, dumping you, and retailing you while profiting from your money.
3) Once bitcoin(and ethereum) catch on with the masses, governments will undoubtedly spend money to attack them both publicly and privately. Some governments will spend billions in vain dos and percent attacks to attempt to crush it's value. They may partially succeed for a time so expect huge swings in price. 20K to 3K is nothing. Wait until you see 500K to 20K then up to a million. Be ready!
UTILITY WILL CRUSH YOUR THEORY ON XRP.
@@cromwell1232 You have put your faith in a for profit company. That's really sweet. ...ATOMIC SWAP
@@juliansmulian UTILITY.......
@@cromwell1232 Listen to this guy, all you guys want to hear is 'BTC to the moon'...anything on the contrary is laughed off , U really think the ruling class will allow every milennial to be overnight millionares, the BTC train left a year ago when only a small percent of people owned it, another unknown coin will replace it, and only the Big boys know, they will take BTC to $1000 and bust everyone, its a certainty
@@cromwell1232 XRP is another scam- when u hear everyone touting a coin, its guarenteed to Bust you, and XRP is gonna follow BTC to $$0 in 2-4 years, bank on it
Just Bitcoin? What about EOS? EOS will dominate the market of smart contract platforms in a few months. Look up EOS people!
Pfffff hahaha is that what they told you?
No mention of Ether or Litecoin something is fishy about this guy...
Wtf are you talking about?🤣
Litecoin is the right coin
Haha, litecoin? And it’s eth or ethereum, not ether, seriously wtf
@@andrewfreeman88 why should he talk about Litecoin or Ethereum?
Everything depends on Bitcoin, the whole market goes up only if Bitcoin goes up!
So Litecoin and Ethereum are completely unimportant in this interview.😂 you are a noob right?
Btw Litecoin is senseless, what is better about Litecoin compare to btc?
@@ZYLON22 you are the noob here, lol
They raised Ethereum and were selling the ETH mate
I am interested in btc earning pls tell me
To come on and try and make a fundamental argument why BTC crashes then comes back is a moronic. There’s nothing different between December and today other than sellers got washed out and buyers stepped in
Everyone knows that crash boom pattern by now. Don't be surprised if it doesn't play out the same way again.
If it truly was unsustainable then it wouldn’t have lasted over 10 years now, and so far it looks like we are in for a fourth large rally.
Bitcoin is the future
when the gov prints money, it's a pseudo tax that damages the value of every citizens dollar. for a more extreme example of the behavior, ask citizens of venezuela. bitcoin does not do that. in fact, bitcoins are sometimes lost, which actually increases the value of every other bitcoin owners coins.
You are correct. The exact same concept applies to gold and silver (and basically any commodity), and it can still be used when the power goes out.
They don't print money, they print currency. Money is a store of value and a medium of exchange and It has a limited (scarce) supply. Currency is a medium of exchange ONLY and has no limited supply.
Exactly, that's the real value for me of bitcoin, it's deflationary, but the majority of people don't understand economics and think ethereum it's better when it's inflationary
If you cant hold it you don't own it
I hold my private keys. Just like I hold my PMs. Safe and secure. It would be a lot easier to recover my private keys from a remote location if there was ever the need.
can you hold your bank account? what about your stock portfolio? your gold derivatives?
Aquí desde la parte sur del continente, dejo un saludo para todos los quantfurianos. Abrí mi cuenta en cuanto la recomendaste pero recién ayer me animé a operar y saqué 3 USD! Voy de a poco... Bienvenidos esos 100 si me llegan! Abrazo grande Daniel.
Litecoin is the privacy coin and the coin to transfer faster and cheaper.
Yes! lightning network, automatic swaps & smart contacts all on the Litecoin network
LTC has very little utility and even less development. XRP is faster, cheaper, and currency agnostic. The lightning network is a failed experiment.
@@phiguy984 that's not true. Try to get information about Litecoin and crypto currency.
Dash is vastly superior to Litecoin. Optional strong future-proof privacy, instant permanent settlement for practically free. Proper cryptographically secure governance to manage the DAO, etc etc etc!
Is the rise in price(s) of BTC>cryptos causing the news or is the news of BTC>cryptos causing the rise in price(s)?
Now this is Facts great Video
You can take your wealth on your keychain instead of leaving it in a safe. You can flee your country with a memorized recovery seed in your head and have all your money waiting for you. This is a PART of the future, NOT a gold replacement!!!! The commercial is just illustrating a point if it needs to be spelled out.
GOLD!!!
I don't like the commercial. Gold still has it's good properties. We need a commercial that explains Bitcoin in an easy way that people understand. education is key! once people know how Bitcoin works, they will be Interested. Most people don't have a clue what it is.
He can not turn any redder What a puppet
Its a market people, its gonna act like a market does(predictably irrational) don't listen to any bs about mass adoption, cuz that shit aint happening for a few years at least.
Love Barry Shillbert
Peter Schiff shit on this guy. Was pretty incredible.
No he didn't. Peter Schiff is shitting on himself for not listening to those who were telling him about Bitcoin when it was trading less than $20. Ouch!
There's an argument for both. The smart investor will hold both gold and Bitcoin.
IronicTonic What's the argument for gold, except, "I can see it"?
@@AnonYMouse-ky4sg Diversification. You never want to put all of your eggs in one basket. If you're investing in Bitcoin in the first place, then you should also be in gold because it represents the same thing; Real Money. Both Bitcoin and Gold have all of the necessary factors to be a true store of value over time. Durability, Portability, Divisibility, Uniformity, Scarcity, and Acceptability. While Bitcoin is basically the new 'hot' digital form of gold, it doesn't have the history that gold has to stand on. Gold has been the only true form of money for the last 5000 years, and it's held it's value far better than any other form of money. If you're pro-Bitcoin, then you should fundamental be pro gold for the same reasons. Plus, like I said earlier, a smart investor will always diversify their portfolio. And like you said, you can see it right in front of you. It's physical, and that's important too. Digital systems can crash, or be corrupted, hacked over time. Governments can outlaw it, making it difficult to trade, exchange, or even hold it. Other blockchains could superseded it eventually. These are possibilities that need to be considered, even if they are remote.
IronicTonic So should I also be in silver, diamonds, rubies, emeralds, bronze, platinum, etc. since it's more diversified? The more diversified it is, the better, it is?
"Gold has been around longer." When people started using gold instead of shells or whatever for money, would the same argument have applied?
Or could we see gold as the better store of value from the beginning, because it was more scarce and decentralized (as in, not all in one spot for any one person or group of people to control the supply)?
So if a store of value improves upon what's currently being used, can we assume it will follow a similar adoption curve gold has to shells?
Say, if something is easier to store, easier to access, easier to divide, easier to transfer, more "scarce" (I like "fixed" more), and its supply is more decentralized?
5000 or so years ago, would you rather hold the new gold money or the old shell money? Or perhaps diversify?
@@AnonYMouse-ky4sg I just said to diversify, meaning not putting all of your eggs in one basket. I didn't say to put your money into everything that's shiny.
My primary statement is to be diversified into 'real money'. There are only a few assets that are classified as real money based on the properties I shared previously. Those asset classes are Gold, Silver, and Bitcoin.
The comparison you're making to shells vs gold from 5000 years ago is irrelevant. Shells are not, and never will be real money, which is why we saw gold displace 'shells', and any other primitive form of money for the last 5000 years. The fact that Bitcoin is a more convenient store of value and medium of exchange for the modern world does not invalidate the fact that gold is still real money. It just means that, for the first time in history, we have 2 different versions of real money to invest in, digital and physical. That's a good thing.
Gold will continue to have significant value going forward, and it will see significant appreciation in terms of fiat currency during difficult economic times, the same as BTC. Holding some physical gold, in addition to Bitcoin is a good idea. I'm not saying you need to hold a lot, but I certainly wouldn't recommend having none. However, you can do whatever you want with your own investments if you feel differently.
IronicTonic Why is silver considered real money and not bronze, platinum, or diamonds? Just trying to understand your logic to see if I can agree or not.
I've lost more money from buying gold from jewelry stores compared to the pawn shop 👀
Exactly! You dont even need to buy bitcoin as an investment. All you need to do is trade it because it is highly volatile!
It's always different this time. [heavy sarcasm] More likely, the cost of printing money exceeds the value of the currency. Even more likely is that the banksters and governments want to control everything you have. Blah. Blah. Blah.
>> can i buy using bitcoin on mars ? Do you think "Klingon", "Borg" or even "Vulcan" from Star Trek would know about bitcoin or agree on that ? Is it Universal (Viswantara). Not a hater just a thinker. While mining companies want to setup bases on asteriods for mining gold and rare earths. Even the connectors are made of gold in intel or snapdragon chips. Keep it real simple! Gold is Gold is Gold is Gold. 3rd worlds.
But what about Bitcoins HUGE drawback? Transactions per second?
2nd layer technologies (such as the bitcoin lightning network) will scale bitcoin to millions of transactions per second.
I bought 2 ounces of gold in 2014 3200 Dollars. 5 years later im down 300 bucks.
I contemplated buying 3000 worth of xrp at .0065 cents in 2017 jan. 11 months later that would have been worth 3.5 million usd
i feel you man, i never pulled the trigger on XLM Stellar when it was 1/5th of a cent (5 tokens per penny) however bought some at 15 cents and sold at 90 cents on Jan4th 2018 when it moonshot
@@videoluvr4204 was in stellar at under a penny . i came in this game pretty early bitcoin litecoin were the only ones popping in 2012 then the 2013 crash came and crypto went silent till about 2016. i got in eth in 2016 at 5 bucks and ant shares now neo at 2 bucks. only problem I never invested big
damn ETH at $5 would've been sweet to pickup 1,000 ETH for $5k invesment
i wish i would've known someone who could've explained this all better back then, of course i heard of it in 2011 and 2013 but it was just a passing story and i didn't research it :-(
that isn't smart, there are some other cryptos in Top50 that have promise
People who believe Bitcoin is going up up up to 20 30 40 50 60k etc THEN ANYTIME IS GOOD TO BUT IN FFS!!!!!! Why people panic over a few quid if its going RIGHT UP!!!!
Hedge against bitcoin with tulips.....
lol
Ethereum Classic, really? Did I miss something?-.-
I was like "Ethereum Classic? That shit is dead." Hahahaha
Christopher Lemacks this kind of greed is what gives the space a bad rep
@@bambee3501 yeah it is said cause it makes people confused as to what to buy. People have bags and promote that project cause they are stuck with the bags. Even if it has been hard forked and the hard fork is the 2nd biggest network and newer and more updated hahahahaha.
ETC domination. Haters gonna hate
"It's different this time", get ready for retail to get their heads chopped off.
Good luck converting bitcoin to cash. I've heard it takes about a week if not more. I still think it's not real money. It's not even a beanie baby or tulip bulb. Why would I want a bitcoin, it has no value. I'd rather have a hard tangible asset, like, gold or real estate.
Ah ah ah ass asses access axes assect class XD
Facts
The truest value is your attention, thoughts, emotions and actions. Cryptocurrency may be a step away from centralization, but the goal should be like Michael Tellinger's resource based economy. Forsake the model of manufactured lack. The ideas and technology for peaceful prosperous abundance exist now and have existed for a very long time. Humanity must mature and grow beyond immorally supporting oppression and domination, thereby funding their own enslavement. One cannot delegate a right one does not possess.
If you ain't first, you're last. - XRP
XRP to $589
XRP is the perfect solution to a short term problem. As paradigms shift and third generation projects make transfers cheap and easy xrp will lose it's niche.
People have a very good sense of what a dollar can buy. Usually a soda or a candy bar. So Americans will always value their bitcoin off the dollar. People need to start talking about Satoshis instead of spending a whole bitcoin. No one is ever going to use bitcoin to buy movie tickets or clothing. So it's becoming more like having a brick of gold. Crypto will take off when we have cryptos that people use for every day transcations.
Shilling BitconnectCoin a few hours before the dump, perfect.
What do you mean?
@@timmathews803 He means Bitcoin flash crashed that night. The same kind of people were telling to buy at 18k.
Pepe Clowns bees RAYCISSS en sheeit
imagine thinking that hourly price swings are relevant
Bitcoin is great only one thing. Who controls what we see on the internet.
Gene Shepherd who controls the central banks? Bingo! 😉
Gold is like Vinyl Records
Bitcoin is like Digital Streaming
Good analogy.
Gold is like horse and buggy. Bitcoin is like the car.
I don't think the analogy is very accurate, I would tweek it just a little. You cannot own the media you stream, you are essentially renting music or TV shows from platforms like Netflix or Spotify. A better analogy would be a media file that cannot be copied, has a fixed supply and can be traded peer to peer a digital version of vinyl that doesn't lose any of the qualities that make it valuable.
So... Bitcoin is more like a private Digital Mix. No one can hear it until you decide to share access to it. It’s yours to share by streaming or playing it aloud, or until you start allowing copies from it... even so, the original tracks are yours to own.
The American dollar does not need an advertising campaign.
Bitcoin is the best form of money humanity has ever seen.... Let that sink in.
really? what if the power goes out? I can still use my coins, cant use my bitcoin. What happens if my crypto wallet gets wet and breaks? Sure I can probably recover those coins, but I cant use them until I do. I could go swimming with thousands of dollars worth of gold in my pockets and just like btc no one would know its in my pocket, but unlike btc I could get out of the water and use it immediately.
Also, if the power goes out I can still use metals, or even fucking dollars. But not my btc.
Well... you can do the bitcoin calculations on paper and use the mail system to keep ledgers synced if you really want to.
I would personally suggest just running a generator or solar panel for computing and communication purposes.
The real problem is what happens when electrons stop flowing
@@FirstLast-sr5ht There ya go, I'd be curious to see how many crypto moon boys could even do those calculations, and even more curious to see if they know how to physically mail something lol.
Sure a solar panel would help with that problem during a bright sunny day (assuming it wasnt bad weather that knocked the power out). But if youre dumb enough to buy a solar panel to run youre btc during a power outage then youre also dumb enough to not realize that solar panel likely has silver in it (because unlike btc, silver has real physical value), and the computer/phone you transact your btc on likely uses gold.
If electrons stop flowing then you probably need some silver (or gold) wire, its a great conductor of electricity. Actually silver IS the best conductor.
And I say this as a big crypto supporter.
Seriously everyone here needs to know
This guys fund just spent millions with Bloomberg on ad campaign
Also CNBC
GBTC has that insane premium but it’s an option for traders.
Flash the Turtle wants a Turtle coin
Lol Zcash for privacy and ETC for smart contracts.....even some crypto 'experts' are lacking basic understandings.
Is that a fart at 4:20? Watch it from 4:15.
Looking at Coinbase account right now.
Rekt
DELETE COIN BASE :o :o
Coinbase is actually the best option if you are stupid enough to let someone else be the custodian of your own crypto.
rather than shooting the guy down why not offer better options. get an account on blockchain.info and if you decide to get skin in the game buy a trezor hard wallet
Ledger nano s hardware wallet is also a good option at around £55
they say this all the time after each bubble pop and the prices pick up. Just like the last one from 1k to 20k run. "OH BUT GUYS THIS TIME ITS DIFFERENT". Of course its going to be different because theres actual people actively developing this. Same with the run from 100 to 1k. "BUT GUYS WE HAVE MORE EXCHANGES NOW" blah blah blah. Do yourself a favor and dont listen to anyone. Do your own homework and make your own choices. Ive made mine prices go up and down but im forever long crypto
Gold lacks in utility....enters Silver
Silver is clearly a better investment than gold right now.
"THEY" better let gold and silver run, or else more and more people will sell metals and invest in crypto, thus driving down the price
Well now before ya sell gold and silver.i would recommend you look at all the banks and all the country's mad stacking.not saying crypto won't go crazy.it will.way before gold and silver.just in the end when most people have most of there cash in cryptocurrency something will happen and gold and silver will be on top.
@@troylevi9654 Just saying that it might put pressure on .........with all this silver and gold manipulation......you can't make a penny on it......IF crypto is in a bull run, and making great returns ......and gold and silver are not showing any returns, people would be tempted to turn.......they are both kind of in the same space of a store of value.......so they both are competing against each other.........it may just apply pressure to let gold and silver FINALLY run
Be careful hedge against bitcoin and cryptos with precious metals like gold and silver. I'm not saying sell bitcoin but as price of BTC goes to $20k, sell some of the BTC and buy precious metals as a hedge --to diversify for 'insurance'
If you ain't first, you're last. - Bitcoin
Ricky Bobby
Crypto is here to stay
Why can’t someone own precious metals and crypto’s?
Oh.... they do. They just don't go on national tv and tell everyone.
You can kill two birds with one stone with Kinesis Money
Who is the Frog?
I like the use and convenience of crypto. But gold will work if the grid goes down. It probably won't go down but if it does your crypto is locked down.
2019:
Gold -0,5%
Bitcoin +90%
🧐
@Mike OZ Peter Schiff is a dinosaur.
@@@briancorcoran9888
Dinosaurs roamed the earth for about 170 million years.
Men about 6 million years including ancestors.
Humans about 200 thousand years.
Human-bitcoin vs dinosaur-gold.
My bet is on the Dinosaurs and gold.
You look like an idiot and you are a fucking idiot
2020
Gold same price as 2019
BTC 3000 dollars
U. Sinclair dinosaurs got extinct, just like gold when bitcoin will absorbs its value.
As a species, humans is the only one that has climbed to the top of the foodchain over the whole world, and the fastest.
Humans is the apex predator of the species - bitcoin is the apex predator of money and value!
What compliance or who regulates this bitcoin or platforms
Bitcoin is regulated by math, it can't be regulated by government institutions.
berry got fatter but my wallet didnt
So cringe to watch news reporters talking about btc
Buy gold, silver, and cryptos. Get out of the dollar.
btw... Bitcoin is good but old. Litecoin will rule.
@@gmjeer never! Litecoin is the little brother of bitcoin.
These guys don't know anything about the movement the tech and the infrastructure that is built around it.
He called me out on being a boomer. Going all in
Get'em Shillbert!
All these crypto videos should be your signal to FUCKING SELL
Peter, if gold is so good, why do you hold so much paper gold instead of real gold?
You can't fork gold.
God (mathematics) did, there are several isotopes of gold.
In a few decades we'll be mining asteroids. I hear gold is a pretty common element in asteroids, so the price would crash.
They got to wean us off Gold and Silver. Get us re-hooked on a mirage.
If the community continues to use it, it will have value to us and it wont matter if some guy says it holds no real value anyways.
I’ll call it now. Easy $50+ GBTC
'Bitcoin' is not in limited supply, gold is. any number of 'Bitcoin' clones can be produced easily.
Thats just it they are clones.
Hmm.. I guess the question is whether or not there is “fool’s bitcoin” or “electroplated bitcoin”... maybe “bitcoin toned”... lol.
Trade gold for bitcoin? Yeah right...