Steve Eisman, Neuberger Berman portfolio manager, speaks with CNBC’s “Squawk Box” about bitcoin and blockchain, and whether he’d short digital currencies.
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‘Big Short’ Investor Steve Eisman On Bitcoin And Crypto | CNBC
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I loved the confidence on her saying "Africa has crypto in place… its relevant… a whole continent" – yes it is a continent full of the most diverse group of the worst criminals in the planet… how she can not see that its perfect for them to laundry their revenue from criminal activities and that could be something other continents should follow??? I think she wanted to outsmart the guy that accomplished what she won't ever in her life… classic envy
Leaving you a tip now, do you have a tipwithcrypto link?
CNBC DOUGEBAG
IAM NOT AN EXPERT ON CRYPTO BUT I THINK ITS GOING NOWHERE. DOES HE SEE HOW HE IS RENDERING HIS STATEMENT USELESS!?
https://www.ccn.com/bitcoin-gold-hit-by-double-spend-attack-exchanges-lose-millions/
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Buy bitcoin
??????????
What a dork:
First off, i have no idea about crypto…. But i have an opinion , that…..blablablablabla.
What’s the point of interviewing these clueless people
I watched the big short probably 5 times, great film!… sorry but i think you are a bit too old to talk crypto… just like the rest 😛
Exactly. At some point those assets that doesn't provide utility and solve real world problems will be dramatically depreciated. At the moment there is silly, unregulated speculation.
so basically this clip is asking a guy who knows admittedly nothing about crypto and bitcoin what his opinion is to which he says he sees no utility in it, yet he also knows nothing about it and doesn't invest in any traditional currencies either? What a waste of an interview topic CNBC.
Wow, we're still at this point. Got a long ways to go before people realize blockchain and a native token cannot be separated. It's going to be quite the montage that somebody will put together of old dudes not understanding what Bitcoin is and commenting about it anyway. Good luck understanding DPOS, or how decentralized exchanges work. The only reason Bitshares isn't $50/token is because people don't understand how it works lol. We have a LONG ways to go.
Just short thats your win for now
Just shut up and let him talk! Stupid interviewer
Seriously it works I just received 3btc all thanks to megahacker@gmail.com
And kids, that's how you spot a HODLR.
Even stupid people can get rich this is a prime example.
Best you don’t speak on the topic of crypto because you’re right, you don’t know.
Bitcoin has no utility as a massively used currency rn. Visa processes 3000 tx a second whereas BTC can only process 26. We need sharding for ETH because at the moment the only crypto that can support a large number of people transacting is XRP, which is just a centralized shitcoin anyway- and still, the platform can only handle 1500 txs/second. So yes, he's right. Right now, bitcoin is only useful for laundering and speculation.
He is either a liar or a shill for the banks! Neither choice is admirable! Can’t stand these evil people!
What a moron
old people
when these little demons talk you do the total opposite
Dumb asian knows nothing! Let the professional trader finish his comments before talking…
Saying the blockchain is good but cryptocurrency's are not is like saying "I like electrical devices but i dont like electricity." The majority of blockchains can not function without a cryptocurrency. There are some that can but this is by far the minority.
I am a crypto-optimist but even I have to respect Eisman's opinion of it
Aren't US banks just as bad for neglecting anti-money laundering rules,
About 2 years here, was on the HitBTC exchange by chance, through some banner on some site. At first, it was difficult to trade went to plus or minus. Al was goin with mixed results. Now I trade stably.
I don't know a lot about economics let alone Bitcoin. But it seems like bitcoin is more trouble than it's worth . It seems way too volatile and too many variables involved for it to be a secure and stable alternative to traditional money. But this is coming from a layman like myself.
well the data Will speak.. go to $3008,59 next low support monthly.
The answer on how to value it is in Fundstrat's analysis, look at the mining costs. If it costs 8,000 to mine then that's where the current price will hover around, as it rises in difficulty and the supply effectively lowers, the price will rise.
Little advice for all the noobie investors out there, if you're listening to CNBC for financial advice you're doing something wrong. In fact, use them as an example of what NOT to do, do the exact opposite of what they say at any given point in time and you will be successful in this world. Remember, they are not looking out for you. They are misinforming you for their own benefit, and to grab your attention/views. The best investors of all time would never follow what the masses are doing, think for yourself. Good luck out there folks!
Crypto means power to the people! #BlockchainInvestors
Money laundering = Money the banks don't get their hands on.
It's so obvious they want to screw the little guys and gals over, they have given us just enough to solve their problems in the space. Once these problems are solved they will change the rules and force us to use Government controlled crypto. This has been the plan for a long time.
? are we still on this?
Hope he shorts btc all-in so he will learn his lesson the hard way..
it's comical how out to lunch he is
She must have bitcoin, all coiners get so defensive about bitcoin when someone puts it down. It's like addicts when you confront them about their addiction.
Great vid time to buy more BITCOIN
Veritaseum
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