div > div.group > p:first-child"> One prank in particular got some credit for boosting the price of the world's largest cryptocurrency. After bitcoin broke above $5,000 on Tuesday, its highest level of the year, some blamed trading algorithms designed to buy or sell based on news.
"It's absurd to believe this market move is the result of confusion about the Bitcoin ETF filings," said Horsley, CEO of Bitwise, which is in the process of applying for the first-ever bitcoin ETF."Though ETFs and April Fools are topical, there are lots of reasons this is an unlikely explanation." "Crypto is famous for a long history of volatility like this. It's always hard to pin down the true impetus, and often the real source is not obvious," Horsely said.Another rumor was that Berkshire Hathaway CEO Warren Buffett — one of bitcoin's most vocal critics — was diversifying into the asset class. As Founder and CEO of BKCM Brian Kelly put it,"there's no way" that's the reason.
Source: Digital Coin News (digitalcoinnews.net)
1% allocation into an Emerging Technology, that’s “crazy” talk. 1% in Amazon - for retirement? 1% in Google - what’s search engine? 1% in Netflix - do they make money? 1% in Facebook - it’s a free app! 1% in Bitcoin - ?
Becky Quick cant resist taking shots at Bitcoin.
'Hodl it.' ... It's called saving money, Tom.
Becky...losing credibility
One percent is crazy?! Cmon Becky.
Tom Lee speaking a lot of sense imo. Been surprised just how resilient Bitcoin has been in the face of fierce protracted trashtalking by central banks and others. Basically why not take a punt the SEC get their heads around this ?
Shame on CNBC for giving a platform to someone who is pumping a pyramid scheme he has a stake in.
why watch comedy central when you can watch people like Becky on CNBC? 1%..comical.
Becky Becky Becky.. If you can’t see a future for a P2P universal currency, then there is no hope for you. Young people don’t like the government or banks, follow the trends. Allocating a small amount of your income into cryptos is a risk worth taking.
deletetomlee
Crazy to lose 1%? Lmao okay talking head.
Tom Lee had a worse 2018, it’s probably time take profits when he stops appearing on TV then buy back in🤔
Pladizow Such a horrible comment, 'what needs to be done for this is takeoff in a meaningful way' 6yrs ago this was under $200. Factional info from CNBC that they still dont understand the space.
Bitcoin is stupid. It serves no purpose and uses tons of electricity
fundstrat Lee has probably contributed to millions of dollars of losses for individual speculators. STOP HAVING THIS GUY ON TV
Bucky hates it, I’m all in!
fundstrat
It never left ya jabronis
fundstrat .BeckyQuick ultimate nocoiner and clearly no absolutely nothing about the technogy whatsoever.
fundstrat Crap. You're making predictions again?
$BTC bitcoin GrayscaleInvest barrysilbert you can purchase bitcoin through the $GBTC just like buying shares in an ETF or shares in $APPL or $AMZN. No special skills or account needed. All with your traditional brokerage account or IRA. Currently shares are trading at $6.14
Oh. My. God. Becky, look at that bitcoin.
Easy Becky. Warren's got to her.
Bitcoin back ? Bitcoin was never gone homie.
That lady is spending more than 10% of his saving to stupid shoes and fake makeups and yet she finds crazy to invest 1% for BTC. This is clear example of stupidity. No offense, it's not personal. Or take it personal i don't care.
fundstrat Baaaack......the lows $3100 have been put in.....85% decline over 15 months not enough?
fundstrat BeckyQuick APompliano Becky, why do you think a 1% allocation to speculative asset with almost no correlation to any other asset class is “crazy”? Especially when, if successful, that asset (or asset class) would increase 10-100x.
fundstrat Real usage happening on BAT and the Brave browser. No need to speculate.
fundstrat Seriously... WHY does anyone follow this guy? A proven fool ... ✨
Do you wanna earn bitcoin with the minimum start up of $500... $500 earn $8,500 weekly $650 earn $10,550 weekly $750 earn $14,450 weekly $850 earn $17,250 weekly $1000 earn $20,450 weekly $1500 earn $25,250 weekly follow dm me 📉📈📩
Limited amount Cryptocurrencies rock ... What is fake money... , we are so lucky the Chinese are taking it instead of Bitcoin or Syscoin.
we still have to take a little bit more time and see. after recent growth, during 4.04 BTC was falling down a little bit, as well as the whole market. i am not sure if that growth was any kind of serious
A 300% gain in day is worth a 1 year hold (use proper risk management)
Bitcoin is undervalued
Stop already
Jesus H. Christ.
SimonPlath your boy tommy
CNBC is financially and emotionally invested in Bitcoin. This 'evangelist' is on 2X a week to comfort CNBC and its viewers that all is well and pour in $$$ to BTC cuz it will be worth million$ really soon, not sure when but soon tho 💩🤡
We use US dollars that are backed by nothing printed on paper that is so magical it only works because you and I believe in that . litecoin is better. You can't just print Litecoin
1-2% lmao...more like 100%!
Btc
Bitcoin looks hike in future, Dollar Index looks bearish coming months...
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