Bitcoin Under Pressure As South Korea Considers Trading Ban | CNBC

The “Squawk on the Street” crew talks about cryptocurrency vulnerabilities and the large amount of energy required to power mining operations.
» Subscribe to CNBC:

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news:
Find CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Google+:
Follow CNBC News on Instagram:

Bitcoin Under Pressure As South Korea Considers Trading Ban | CNBC


Source link

Related posts

44 Thoughts to “Bitcoin Under Pressure As South Korea Considers Trading Ban | CNBC”

  1. Nicholas Wing

    Well said. Just be sure to keep an eye out for thorn-coin. Excellent point regarding the augmented scarcity (oxymoronic?) of Bitcoin following the decisions by South Korea, and other countries which should soon follow suit, to ban Bitcoin exchanges and the coins themselves as instruments of primary money laundering concerns. Perhaps the term "Miner's Sieve" could describe the Ponzi-esque practice of insiders selling off their Bitcoins before the market price completely implodes. Following the artificially inflated price collapse, perhaps they'll consider changing the name to "Bity-coin"

  2. Miikey The Alien Crypto OG


  3. M D P

    listen to a guy who manipulated the market and broke every law and didnt get caught. Hes a hack

  4. chaba72

    would be nice to lock out korea and china from the whole cripto market ! every time the market is down, its either korea, or china's fault. get the fxxck out of the coinmarket for good !!!

  5. 3EyedRebel

    Great time to buy buy buy!!! Its going up with or without korea

  6. Nal

    Wouldn't mind another discount sale. 🙂

  7. im trying to break out the matrix

    Is he talking penny stocks lol

  8. Brobi

    I really hope Korea doesn't ban it

  9. Sammyzuko

    Wow, this is just bad

  10. mungojelly

    "cryptoids" lol

  11. Zero Thehero

    Doesn't take a "cryptoid" to see this guys are morons.

  12. LoTemps

    Bashing Bitcoin and shilling altcoins is the only thing keeping CNBC ratings up. It's not just a currency war against fraud fiat,but a war against corporate info commercials pretending to be legit and trustworthy news.

  13. Tuck Buckford

    Don't end up as one of the Bitcoin Chumps! Why be a martyr when the "Bitcoin Judas" has already deserted…..Buy Ripple XRP now because the good news about Ripple keeps coming..

  14. may tinh tu le

    xin được chia sẻ đến các bạn sàn giao dịch bán coin uy tín , nhận tiền trong vòng 1 nốt nhạc .
    Link :
    tks các bạn đã xem.

  15. Chrisusa119

    FUD who best interest of status quo

  16. Linkoo727

    You guys just created many Trump fans with this constant FAKE NEWS. Thanks for the sale though, appreciate it.

  17. faekz

    Power used by visa?? Banks etc??? You really want to compare?

  18. W4sabiNinja

    oh CNBC, you used to be the big main stream hypnotist to push your propaganda and now you barely can scrape 2k views on YouTube.

  19. Jim Christl

    Bitcoin and Ripple will soar people! Thats just how it is.

  20. Ricky Miles

    Such a joke to hear these guys talking about bitcoin now. LMAO!

  21. Ahmed Junaid

    Maybe I should anchor jim Cramer show, Even if he didn’t know , he shouldn’t be acting silly on international finance channel. P.S. anybody can talk abt stocks in post market with little bit knowledge—-no disrespect to Mr. Cramer.

  22. FEhero

    "the cryptoids". does he realize he sound like a mongoloid?

  23. Hector Quiles

    Time to scoop more.

  24. Mr Ed

    Lol clearly this guys are too old schools for the technology.

  25. Joe Emenaker

    I can't get over how completely lost Cramer looks, trying to figure out some investing paradigm that fits. And then this nonsense that AMD is distancing itself from mining because they might get sucked down with some predicted-by-Cramer crash that is, somehow, going to tarnish AMD's brand. I think this programming is worse than sitcoms because, although both have zero actual information, some people might actually believe this stuff.

  26. J J

    These guys are idiots. CNBC sucks.

  27. korbah l

    lol they look happy to se cryptos slide

  28. O` Lima

    Jim Cramer`s Advice Sucks!!! He is not fit to discuss Crypto Currencies! CNBC PLEASE ban your employee from discussing Crypto Currencies on your international platforms. If had invested .001% in Cryptos of the money I LOST when Jim Cramer advised me to buy Bear Stearns a week before it collapsed I would be a very rich person today!

  29. YorickReturns

    The USD has lost almost 100% of its value since 1913. Fiat currency is worse than the worst shitcoin.

  30. globe Shite

    seriously who are these jokers ?

  31. Chris

    Does this guy suffer from some sort of twitch or something?

  32. Paul Heatter

    Was Kramer just baffled that Argentina has blockchain?

  33. BotLike

    Auto Like, Photo Liker, Working Auto Liker, autolike, facebook auto liker, Photo Auto Liker, Facebook Liker, Status Liker, Autoliker Facebook, Status Auto Liker, Autoliker, auto liker, Autoliker, Facebook Autoliker, Fb Autoliker, autoliker, Facebook Auto Liker, auto like, Increase Facebook Likes, Auto Liker

  34. Amada Mihalik

    Hi, Neat post. There is a problem with your site in internet explorer, would test this… IE still is the market leader and a large portion of people will miss your excellent writing because of this problem.

  35. 醫學美容-衡肌-更生-cosmetic-wiki

    MuGu 【眼部彩妝】甜蜜巧克力眼妝盒的商品介紹 UrCosme (@cosme TAIWAN) 商品資訊 MuGu,眼部彩妝,甜蜜巧克力眼妝盒

  36. 醫學美容-清柔-生理周期-cosmetic-wiki

    美甲師基礎證書 – 皇家國際教育學院Royal International College 美甲師基礎證書 – 皇家國際教育學院Royal International College

  37. Football Solutions Lithuania line up Tirana trip - UEFA EURO - News

    Newcastle’s Papiss Cisse has dedicated his point-saving double to cancer-suffering team-mate Jonas Gutierrez. Papiss Cisse dedicates point-saving double to cancer-suffering Newcastle team-mate Jonas Gutierrez

  38. Football Solutions Women's World Cup - Matches

    RIATH AL-SAMARRI: New Swansea manager Francesco Guidolin has revealed the unlikely source of his passion for British football — Southampton legend Mick Channon. New Swansea boss Francesco Guidolin reveals love for English football stemmed from Southampton legend Mick Channon

  39. Norbert Lovas

    Fabio Capello claimed England proved they can compete with the best teams in the world after a stunning 2-1 victory over old enemy Germany here last night. Capello ready to take on the world after Terry seals win against Germany

  40. Elvish is king at La Louviére - News

    Jurgen Klopp has already stamped his authority on Liverpool says Jamie Carragher, while dismissing Gary Neville’s claim the performance at Spurs was the bounce effect of a new manager. Jurgen Klopp has stamped his authority on Liverpool with organised pressing… it’s not new manager bounce, says Jamie Carragher

  41. Shannon Bratz

    I would like to show my thanks to this writer for rescuing me from this type of condition. Just after looking through the world wide web and obtaining concepts that were not productive, I assumed my life was well over. Living without the presence of approaches to the difficulties you’ve sorted out by means of this site is a serious case, and those which might have in a wrong way affected my entire career if I hadn’t come across your web site. Your expertise and kindness in playing with a lot of stuff was excellent. I don’t know what I would’ve done if I hadn’t come upon such a thing like this. I can at this point look ahead to my future. Thanks very much for this specialized and effective help. I will not be reluctant to refer your blog post to anyone who would like counselling on this area.

  42. ETIAS

    Hi there! Quick question that’s completely off topic.
    Do you know how to make your site mobile friendly? My web site looks weird when viewing from my apple iphone.
    I’m trying to find a theme or plugin that might be able to correct
    this problem. If you have any recommendations, please share.

Leave a Comment