Bitcoin’s Pullback Is ‘Very Healthy,’ Says Tom Lee



Dec.22 — Bitcoin is the ‘smallest, least-held Bubble’ seen by Tom Lee, head of research at Fundstrat Global Advisors, as he discusses Bitcoin’s plunging value over the past few days. He speaks with Bloomberg’s Jonathan Ferro on “Bloomberg Daybreak: Americas.”

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36 Thoughts to “Bitcoin’s Pullback Is ‘Very Healthy,’ Says Tom Lee”

  1. 2:02 if someone says bitcoins a bubble: its the smallest least held bubble ive ever met. i dont know very many institutions that own bitcoin, so how can something be deemed a bubble thats only held by a few

  2. The time is now download coinbase buy Ethereum Litecoin Bitcoin God bless

  3. retards who keep thinking bition will always go up,all the money is being taken by early miners and exchanges which i guess the inventer owns ,stupid people dont get it until they r like bitconnect from hero $400 to soon zero ,now at $30 but cant cash out, one day u guys wake up the exchanges ,said sorry we got hack ,we r closing down, no more cashing bitcoins, u might as well used the bitcoin usa stick to wipe ur asses

  4. Tom Lee looks like a crook

  5. I remember the dotcom rhetoric, the Enron rhetoric, and the rhetoric leading up to the Housing Crash of 2008. Bitcoin is the new scam born from criminality and aggressively pushed by potheads in social media.

  6. very healthy for the people that lost money recently??

  7. holy shit Lee can kill anyone with that statement: how the F*ck is it a bubble if its only held by a few. I swore i heard him breath out f*ck when he said that at the end.

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  9. Agree that a pullback was necessary

  10. D A

    interviewer knows nothing about supply and demand. how embarrassing.

  11. I can't w8 the day that all the idiots will lose their money cause they invested on thin air

  12. What's in a bubble is fiat currency, bitcoin is the pin to pop it 🙂

  13. As for today, Dec 27 it's at 16k now 🙂 Be patient, hold and you will see rise to the roof in 2018

  14. more koreans with high IQs take down the dipshits at bloomberg.

  15. buy in before the new year, before bitcoin becomes mainstream in 2018!! Get $10 worth of bitcoin for free when you sign up with Coinbase! https://www.coinbase.com/join/5a026b4dd63ceb00f5dd7082

  16. An actual smart person who's done some homework … and on TV no less. Pinch me!

  17. Years ago I was a Tom Lee skeptic. But as I've listened to him, he is one of the few analysts on CNBC who is spot-on most of the time. I believe that his Bitcoin comments and bullish sentiments are correct.

  18. bitcoin is volitial because the rich bitcoin people are pumping and dumping the market

  19. That many transactions approved in so little time is impossible though

  20. Sweet blog! I found it while surfing around on Yahoo News. Do you have any suggestions on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Many thanks

  21. I think we have missed a trick, here. The supporters, players, management and pundits who watch West Brom on a regular basis have been hoodwinked. Or, rather, we have allowed ourselves to be taken in. There can be no case for the defence at The Hawthorns until Mowbray tightens things up

  22. Manchester United have announced the latest in a long line of commercial partnerships, with Uber as the official ride partner. The club’s official ride partner joins a group of 70 companies. Manchester United announce partnership with Uber as club boast new addition to mammoth list of 70 commercial deals

  23. Steven Gerrard has revealed his ‘enormous pride’ at the prospect of wearing the England captain’s armband during the FA’s 150th anniversary year. Proud Gerrard delighted finally to be given England armband ahead of landmark year

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