Michael Moro of Genesis Trading and Genesis Capital joins ‘Squawk Box’ to discuss the price drop in bitcoin.
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i hope nobody is here watching for actual advice, but just to affirm their belief in how wrong they are about crypto
These guys are hilarious ?
Bitcoin = freedom. Don’t listen this people. They are the ones who charge you overdrafts fees and take your hard earned money, banks = theives
Theyre' lying about Bitcoin so they can buy it all.
XRP
Host doesn’t even know the difference between btc and bch literal douch!
I don’t trust a man who hardly blinks
CNBC could easily bring on Andreas Antronopoulus to explain exactly how bitcoin works in a fake fiat money banking system (which is what we have now) but they dont, they bring on flukees who purposely explain bitcoin in a bad way to get people not to look at this. This is all fake banking establishment trying to get people not to buy bitcoin. This is exactly why you should buy bitcoin.
21 million bitcoin — the rest of the world makes money out nothing, gold is hard to verify — and people think 4k is too expensive. If every millionaire in world bought a bitcoin the price would fly up. Let a couple of western banks close and you will see bitcoin goes crazy. FORKING BITCOIN does not double the amount of bitcoin — it creates a brand new coin which if you owned the original bitcoin you get for free — but it does not change the amount of original bitcoin. These guys on CNBC are fucking morons.
You shouldn't invest if you don't know what you investing in and you shouldn't talk about something you know noting about. 2 bitcoin lol.
If the floor is 1k, that's 5x higher than the floor of 2015, winning!
Lots of errors here. This is not serious journalism. They can't even tell the difference between Bitcoin and Bitcoin Cash/SV.
The floor in Btc is NOT the mining cost. The floor is the Hodlers. These people still don't get what this all about. Their's Law; good money drives out the bad, and if no one is willing to hold your money, it eventually goes to zero.
why do you have guests if you dont let them talk without interrupting them!?
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For Christ's sake, just to get to the point!
A load of hypothesising before the conversation actually gets to point mentioned in the title of the video.
Either way, it doesn’t matter what is said but what you know and what you decide to do. The fall in BTC is a chance to purchase and start mining or saving. @dinosaurtraderc on IG would help you with whatever you need to know.
#Bitcoin for 36$ back in 2012 for 36000$ and i have still 89% of my Coins #hodl
The Moderator got paid for to confuse people with Bitcoin Cash and Bitcoin in Mainstream while the most are not even understand what Crypto means…
Problem is nobody mine's Bitcoin
They mine other coins and exchange it for BTC in The Exchange
Asian womans bags are heavy, rip alts
Why is the guy that doesn’t have a clue asking questions ?
Michael Moro is insanely patient and he is patient with their stupidity, because he knows how rich he is from cryptocurrency and how correct he is, and how much more money he will make from it. He also knows that these idiotic hosts won't make money off of it because of the way they talk about crypto, and he loves it.
The dude has more makeup on his face than his female co-host…
Most techies have some crypto
Most techies are young
Most are well paid
Most big new companies are tech driven
So what do you think the future holds….
The drawdown ?
CNBC…. always glad to help you go broke. I know a 14 year old can speak more accurately of bitcoin and it's markets than any of these talking heads right here.
Yeah yeah
Up 12% today 🙂
Costs of "mining" are not the issue! Look at silver! There is are derivative market which manipulates the market.
Why do people who have no idea about bitcoin on TV hosting a show about it? This is the problem here.
Clueless about BTC, BCHABC, BSV. So friggin rude, forever interrupting the guest. Is not the first time either. And I don’t care if it’s to draw comments, it’s just not professional.
The 3:00 question many noobs don't know.. the tech behind a utxo blockchain and if you dont know that Acronym gtfoh and give ur money back to ur parents or grandma. A fault of bitcoin is the forking of the blockchain because of the open source coding.. open source and one entity controlling mining. Makes BTC look bad compared to other utxo like litecoin and digibyte for example of better utxo blockchains. Remember when it cost 75 dollars in transaction fees to send btc, because the btc blockchain can only do so many TPS.
Bitcoin is confused
she says the last bitcoin will mined couple years out lollll
Leave the crypto news to the guys who know what's really going on. That is, the 20 year old youtubers. And I am not being sarcastic
Bitcoin is a long term investment
https://youtu.be/HFfE0IIJ_Y8
Thanks CNBC!! For telling us were going straight thru 3k. I have Bitcoin going to $1200 a coin. True bottom is in that area. Im buying everything once we reach that area. I am going to aim for mid 2019.
Oh yea!!! Lol
2:32 price drops if you sell not if there is a new coin
Wow the hosts of this show are idiots. They are clueless on the entire subject.