it was primarly used for the silkroad. I'd even argue that 99% of all transactions of bitcoin were for purchase of illegal goods. Bitcoin has made many criminals mega rich.
@@Muffles you are stupid if you think that look up , uses of bitcoin for developing countries, I'm sure tesla bought bitcoin for drugs right ? Wrong get real , Every currency is used for buying good and bad things , Drugs Guns, Hits , To pizzas and Coffee and Homes , If there was a rock that people decided was the next currency guess what people would buy drugs guns hits , coffees homes and pizzas with that too !Surprise! □ □□
@@MusicIsKindaDope I am simply stating the facts. Before the crypto explosion (which is the context of this video) the majority of bitcoin exchange was for illegal goods.This coin was built up on the back of 'criminals'. Back then you either owned bitcoin because blockchain interested you or you only acquiried it to purchase illegal goods. No one was using it to make legitimate transactions aside from some pizzas. Which kind of defeats the entire purpose of the coin. It is a miracle it ever got to this point. Even now, bitcoin is more akin to gold than an actual currency.
@@Muffles yeah u are. It wasn’t intended to be used so, but many people used the currency for illegal transactions. That’s why the creator of Bitcoin resigned when his creation was taking such a turn.
do not believe what they said on the air... what happens in the background could be totally different. Personally, I don't believe them and they all have it from Gates to Buffet
It’s almost unbelievable how someone could be this wrong. Imagine thinking Gold is more scarce than Bitcoin lmao. He actually said “I promise you the us government will shut this down.” LMAOOOOOOO IMAGINE BEING THIS WRONG ABOUT A TECH OF THE FUTURE.
To be fair, most of us didn't at that time. I remember hearing about it at $20 and I thought, "Why would I exchange real money into digital Chuck-e-cheese tokens with no real use?" It was a crazy idea, but now we've taken the time to understand the insane potential of the underlying technology. Bitcoin is just a proof of concept.
Still nowadays in these comments you can find a bunch of ignorant haters claiming BTC is crap... Some people will never understand bitcoin for several reasons, one is because they hate the fact that they didnt got in early, so they want btc to fail... Another reason is people's ego, some people have such a big ego that wont admit they where wrong about bitcoin, but deep inside they regret...
Remember mt gox?????? Yes, it is possible for things to get hacked...maybe not as likely now, but not impossible...unless you really know better it is not a bad idea to approach things with skepticism
NFT's are just like a serial number that points to a [usually] a typical file on a typical server..."embedded into the blockchain" ...makes me think of de-centralized cloud storage, so you're not wrong. just getting technical for those that don't konw :) | One artist even has a single NFT show up as something different depending on who's viewing it
@Otto Brinkman I use it every day as a mean of exchange, the thing is that you probably wont because you dont need to, yet... Also BTC is mostly like gold, you could buy anything with gold if you like, but most likely you will exchange it for fiat before buying, you really cant go to a groserie store with a bunch of gold and buy something, could you?
@@RafaelSequera Knowing the price of bitcoin, if somebody offered to buy me something and pay with bitcoin, i would probably accept. I don't openly go around offering services for bitcoins tho. Same as gold!!! (or some currencies ¿?)
1. Rare- Only 21 millions ever created 2. Indestructible- Bitcoin blockchain is immutable 3. Divisible without losing power- Yes 4. Cannot be increased by fiat- With more Fiat the value of bitcoin increases There you go
@@gastonangelini8352 It's impossible to do that, even God couldn't break into a wallet without the private key, and seed phrase. Especially not a hardware wallet as those are literally untouchable
@@rz9018 Btc has more in common with a nasdaq stock than it does with gold. Stores of value aren’t supposed to fluctuate thousands of dollars in value at any given time. Huge percentage of people buying btc are just looking to sell to the next person, and don’t care about the premise that it is marketed as an alternative to the dollar.
Is it a good idea to buy cryptocurrencies right now? Will there be a decline in the price of bitcoin this year despite frequent assertions that the market is active? How quickly will coins return completely? I have no idea how other dealers in this market manage to produce profits of more than in a single year, to be completely honest.
Despite the current economic crisis, I also found that many people are still making six-figure salaries; the only difference is that these tactics are commonly used successfully by those who have a good understanding of the market.
I was able to better comprehend the situation and have more confidence in my investment with the help of an investment advisor. I debated whether to sell it straight away or to hold off for a little while. The majority of investors, like myself, do believe consultants are necessary, despite the fact that they have more resources and knowledge in this field.
@@belginberk3443 WOW!! How much money have you made so far, i need an assistance to manage my trading account. Who is this particular individual you admire?
@@belginberk3443 I just Googled Ruth’s full name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks
@@Coolguydudeness1234 more sp than dollars, you can't back your dollars up, you cat have it in your pocket and in your bank at the same time but btc can be backed up multiple places and as ut is defi the threat of it being wiped out is astronomically low whereas usd is loosing its worth everyday compared to btc
@@Coolguydudeness1234 how is it not indestructible? you cannot destroy a bitcoin, it will always be on the blockchain, even if it lost, its still there.
@Otto Brinkman You are simply wrong. The bitcoin is still there, you just cannot access it. It would be like saying "you can destroy gold by sending it from earth and into the universe with a rocket" The gold is still there, you just cannot access it.
@@razorjk5974 yup thinking that it will go to a million. But it is possible in 20-40 years. But the ROI nothing compared to altcoin that has a UTILITY! Especially QUANT! I RATHER invest on UTILITY based driven than SPECULATIVE.
I've found everywhere you go, everybody that hate crypto, knows nothing about it... This guy on the right I'm surprised he even knew what it was called.
@@johnshite4656 RIGHT !? Does anyone remember that commercial with the strange comment the guy made - I NEVER could understand it. The guy mentioned AOL, and the other one says "Why? I have a computer."... uh, yeah. And the computer runs software. And AOL is software. It was almost like he was saying he didn't need AOL BECAUSE he owned a computer. I never understood his inflection there.
@@davidbinkowski4825 The 90s were funny that way. All the old people didn't understand computers in the least but pretended they did because they had to use them for their jobs. hehe Makes you wonder what the next big technology will be. The Internet has been infected by the troglodytes now, so it's time to move onto another medium.
After its last crash, bitcoin is now being traded at $63,000 and would possibly still rise even more. Crypto has been a very big blessing to me financially the only thing I regret was not starting early
While at home I earn tons of passive incomes from the trades market, my investments in stocks, forex and crypto has proven to be more than an avenue to generate residual incomes for me as it turned out to be more rewarding over the years.
@@ChelseaMacc23 The reason why so many back out from trading is simply because it's to labyrinthine and the inability for them to generate profits, what folks don't actually know is that the markets can very much be profitable to anyone if trades are properly done
@Adam....I love your idea of being diversified into various investment baskets, very smart move. I am also properly invested in stocks but I barely even make any good profits so my portfolio is much of a mess, lately I've been considering to get into crypto to secure incomes but I lack insights bout how it works, have you got tips to share ?👏
Back then my friend said he was getting 50 btc at a time from mining. He amassed 40k he said which he had to sell to pay his elect bill as his parents were on his case.
not necessary ,maybe he sold his btc around 200$ we never know,, I know some people bought in 2017 at 1800$ then sold at 5000$ thinking that was the top
I consider the introduction of a Bitcoin ETF to be a watershed moment in the financial markets. Normally, I wouldn't buy-and-hold assets, but eight months ago, I spent more than $300,000, and it warms my heart that this is still happening. We are now approaching a bull run, and I am confident that I will regain everything I lost.
Cryptocurrency is booming, particularly giants such as BTC and ETH. However, the market's rollercoaster nature is putting even the most seasoned investors to the test. This is why we should look for proper market analysis or seek guidance from certified market strategists
The only issue you may have is a fear of missing out, just like everyone else. Having the right plan is invaluable; my portfolio is well-suited to each season of the market and recently increased by 100% since early last year. I and my CFP are working on a 7-figure ballpark goal, which could take until Q3 this year.
Great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
‘Marisol Cordova’ is the fiduciary advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I remember back in 2013, bitcoin was all over the news. Most of us in our friend circle knew its a big thing. The only issue was it was extremely difficult to buy it online. It was easy for someone living in the US, but for people living outside the US, the payment part was extremely difficult.
My high school nerd friends and I were talking about Bitcoin back in the fall of 2013. I even mined some on my home computer. None of us ever imagined it would become as mainstream as this. I personally have no access to the BTC I mined in 2013, but I no longer regret it, my interest was peaked once again in 2019. I still hold BTC today :)
I remember when it was $13 and I remember thinking my boss didn't pay me enough..... It was true too, I couldn't afford $13 BTC at the time. Now I'm buying as much as I can.
10 years and still has never been hacked. That's a pretty awesome track record so far. None of the big tech companies like Google or Amazon can match this perfect record. That means something.
And he thought he was so smart when he spat that wise crack out. Probably practiced in front of a mirror. But there ain’t nothing flat about Bitcoin - that baby is pumping its bags to the moon 🚀🌚
I LOVE that the YT algorithm posted this to my feed today where BTC currently stands at $96K on Thanksgiving 2024. Look forward to seeing this again in a few years.
investing successfully in forex requires the expertise of a professional broker that is why i have made profit since i started trading with mrs Linda Bradford
I invest with mrs Linda too, she charges a 20% commission on profit made after every trading session which is fair compare to the effort she put in to make huge profit
Something is terribly wrong. In 2013, Gold was $1,599. BTC $100. Today, 2024 Gold is $2,516 & BTC $57,566. Silver 11 years ago, was $27. and today, silver $28.39
Videos like this help us not to sell during peaks and valleys: the best thing to do in 2013 was buy buy buy and do absolutely nothing but keeping it safe. Now it’s at 66k and the same is probably true. Someone comment on this in 2029 and tell me what the price is 👀
@Christian C Alright then...very high exponential numbers which I disagree with, but nothing is impossible in crypto as they say! This cycle J predict $100-150K, and next probably $500K or so...$200K seems too much; this happened last time she. Peoe said it would be $10K peak, but it ran to $20K before drop, and sure, you can argue about institutions and whatnot hoping in, but you got to remember the term diminishing returns mate. $1 Mil sounds closer to 2029 cycle sir imo.
Finally, someone asks the right question. I'm from the future. On 25th Dec 2029 BTC was $4.95m but unfortunately it subsequently crashed to $1.75m. Buy the dip at that point, it'll never get this low again. You're welcome!
April 1st 2013 Gold at $1,599 - Today October 20th 2021 Gold at $1,786. Yet still today you have thousands of brokers and institutional investors that pitch Gold as an investment to their clients. Smfh
TBH I don't blame them for being skeptical at this time period. Unless you were deeply invested in the space at that time, getting the information as easily as we can now to educate ourselves about BTC wasn't as easy. If they are still skeptics at this point then there is no saving them now lol.
@@adamo36532 If you are a journalist you should make your homework and talk with cryptograph and all kind of experts in the matter to get a real opinion of the subject, it was stupid from them to assume they "knew" enough... And the same happens in all kind of matters, journalist does not make their homework and say stupid things all the time, is embarrashing...
@@beeefin actually november 1 was quite a while after the crash and before another 50% drop, I looked up the graph. I don't like to say it but I think we have to complement cnbc in this case... its almost like they put this on despite them being so majorly wrong.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
How does this whole bitcoin thing work, I'm interested in it and I'm willing and ready to invest heavily in it but I'm gonna need an assistant from any trusted and productive professional
Haha you don't have to be surprised Smith Trading Services are really good and everyone loves genuine services, they've helped me recover what I lost trying to trade on my own
@Mr Maestro 87505 Actually, it is the people like you, who bought in late, and are angrily refusing to believe that they missed the opportunity. Bitcoin is no longer rising by ANY metric. Historical performance (that you missed most of) means nothing. Bitcoin will continue to decrease in price as other cryptos capture market share.
I have ventured into trading cryptocurrency for quite a long while now, but I've made so much loss than I've gained, I honestly don't believe so much in the internet again,
Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless to what is happening in the wider or broader market. Essentially, The procedures involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movement of an asset.
“Drug dealers use these things”
Did you know drug dealers use the US Dollar too? 😮
it was primarly used for the silkroad. I'd even argue that 99% of all transactions of bitcoin were for purchase of illegal goods. Bitcoin has made many criminals mega rich.
@@Muffles you are stupid if you think that look up , uses of bitcoin for developing countries, I'm sure tesla bought bitcoin for drugs right ? Wrong get real , Every currency is used for buying good and bad things , Drugs Guns, Hits , To pizzas and Coffee and Homes , If there was a rock that people decided was the next currency guess what people would buy drugs guns hits , coffees homes and pizzas with that too !Surprise!
□ □□
@@MusicIsKindaDope I am simply stating the facts. Before the crypto explosion (which is the context of this video) the majority of bitcoin exchange was for illegal goods.This coin was built up on the back of 'criminals'. Back then you either owned bitcoin because blockchain interested you or you only acquiried it to purchase illegal goods. No one was using it to make legitimate transactions aside from some pizzas. Which kind of defeats the entire purpose of the coin. It is a miracle it ever got to this point. Even now, bitcoin is more akin to gold than an actual currency.
@@Muffles guess that’s another utility of the infamous BTc
@@Muffles yeah u are. It wasn’t intended to be used so, but many people used the currency for illegal transactions. That’s why the creator of Bitcoin resigned when his creation was taking such a turn.
OK. We now trade at $63,000.00. Can we bring these 3 back to re-discuss the matter, please?
do not believe what they said on the air... what happens in the background could be totally different.
Personally, I don't believe them and they all have it from Gates to Buffet
I would F’ing pay to watch that!
@@themorvy Dude, drop the paranoia ffs. Live your life.
Dude w/ the little rascals hat could fly in on his private jet.
that would be great.
Hats off to CNBC for having the balls to posting this. Aged like milk.
Hahahaga "aged like milk" that's gold! Gold I tell you! Gold Jerry!
@@Sukifukilucky lol
This is history. People must know how people talked about the bitcoin back in the day.
@@Sukifukilucky comparing the rarity of Gold to the rarity of BTC. Now that's Gold. 🤣
Lies again? Bet Clic
I'd bet you $50 the guy in the middle is a millionaire now and the guy on the right is not.
bet its billionaire, not millionaire lol
Right side guy is still doing the same job...
ill take that bet! and ill also wager anyone else that the guy in the middle is a billionaire .
Do Billionaires Count as Millionaires?
It’s almost unbelievable how someone could be this wrong. Imagine thinking Gold is more scarce than Bitcoin lmao. He actually said “I promise you the us government will shut this down.” LMAOOOOOOO IMAGINE BEING THIS WRONG ABOUT A TECH OF THE FUTURE.
If this newscaster bought $BTC then, he wouldn't be working for CNBC now
You're right. A $2,000 investment in Bitcoin then, would be worth over a million now.
Hes not working for cnbc now
Bought and held. Holding is a critical part. You need strong hands to hold that long & after that much appreciation.
@@colinallcars5239 ypp, I didn'team he'd buy and sell immediately tho
@@putt7515 well, he isn't as rich as if he'd bought it.
Sometimes it's a tough life being the smartest man in the room...
then you go home and reluctantly check your digital wallet and you'll be smiling in no time. 🤣🤣🤣
@@tenzinpassang4812 years later, yes indeed! 🙂
😂🤣
That guy talking about counterfeit bitcoin have no clues about how blockchain actually works.
To be fair, most of us didn't at that time. I remember hearing about it at $20 and I thought, "Why would I exchange real money into digital Chuck-e-cheese tokens with no real use?"
It was a crazy idea, but now we've taken the time to understand the insane potential of the underlying technology. Bitcoin is just a proof of concept.
People hate change
Still nowadays in these comments you can find a bunch of ignorant haters claiming BTC is crap... Some people will never understand bitcoin for several reasons, one is because they hate the fact that they didnt got in early, so they want btc to fail... Another reason is people's ego, some people have such a big ego that wont admit they where wrong about bitcoin, but deep inside they regret...
That dude's eyebrows crunched when the other guy was like "the odds would be astronomically low" to counterfeit a coin. lol!!!
@@Coffewithsteve True, my father doesn't believe in that, even when I sold 0.01 BTC
“I hear you say that, does not make it true” love it.
Going to use this phrase from now. I will credit him for that though.
What a legendary comment
Rsr 🚀
@@EuphoricPlaz let's get to 10c and then 12c shortly after 😎
Man I was going to say that but you did
I love how these anchors always blow off the guy that actually knows what he's talking about.
I feel second hand embarrassment for the guy on the right
Second hand embarrassment is the worst! Some people dont believe in it but i literally start sweating from embarrassment of other people.
@@tunedskillsz that sounds miserable
@@tunedskillsz 😂
I'm sure today he's still saying, "This thing is a fluke! People are going to lose all their money!"
Remember mt gox?????? Yes, it is possible for things to get hacked...maybe not as likely now, but not impossible...unless you really know better it is not a bad idea to approach things with skepticism
This video should be created in an NFT or embedded into the blockchain.
NFT's are just like a serial number that points to a [usually] a typical file on a typical server..."embedded into the blockchain" ...makes me think of de-centralized cloud storage, so you're not wrong. just getting technical for those that don't konw :) | One artist even has a single NFT show up as something different depending on who's viewing it
@@DJ-PWR I loved your comment mate 💪
What a time to be alive
😂
you should only be allowed to buy this video in bitcoin
I'll come back here when we hit 100K soon.
See you in 8 weeks
I hope So 🤩
yeah soon it will happen
Yes, will happen just 9 weeks or less from now
@Mr Sandiep 80 weeks time we would be in a bear market most likely..
Scary how wrong they are. You know , the “experts”.
Not scary they are boomers and normies thry wouldnt understand probably they still believe fiat is better lol
@Otto Brinkman I use it every day as a mean of exchange, the thing is that you probably wont because you dont need to, yet... Also BTC is mostly like gold, you could buy anything with gold if you like, but most likely you will exchange it for fiat before buying, you really cant go to a groserie store with a bunch of gold and buy something, could you?
@@ConfusedConfusionMan Experts too. That's why most "experts" can´t and won't even beat the market.
@@RafaelSequera Knowing the price of bitcoin, if somebody offered to buy me something and pay with bitcoin, i would probably accept. I don't openly go around offering services for bitcoins tho. Same as gold!!! (or some currencies ¿?)
and if you had the foresight in 2013, you would be a millionaire now......but you're not
"I hear you say that, but that doesn't make it true"
The other guy should of just left at that point, he got killed on national TV. Hah
I hope the idiot who said it was a joke watches this now!!!
And today its worth $100,000 US Dollars. A thing of beauty. An unstoppable force.
1. Rare- Only 21 millions ever created
2. Indestructible- Bitcoin blockchain is immutable
3. Divisible without losing power- Yes
4. Cannot be increased by fiat- With more Fiat the value of bitcoin increases
There you go
FIAT does not mean money. It means government dictate.
@@CodeineRadick Right on!!!
The fact that btc can be burnt or lost actually reinforces its rarity. That 21 million will keep falling.
@@theuglykwan someday in the future, with a quantum computer, someone will crack those lost wallets. But we are years from that moment...
@@gastonangelini8352 It's impossible to do that, even God couldn't break into a wallet without the private key, and seed phrase. Especially not a hardware wallet as those are literally untouchable
My favorite part is how gold is at almost the same price as today lol
and bitcoin has 500x even after a dip haha
Well gold is a store of value, BTC is speculative and has nothing in common with gold
@@wyattbarnes9641 , and that’s a good thing.
@@wyattbarnes9641 yup BTC is better than gold
@@rz9018 Btc has more in common with a nasdaq stock than it does with gold. Stores of value aren’t supposed to fluctuate thousands of dollars in value at any given time. Huge percentage of people buying btc are just looking to sell to the next person, and don’t care about the premise that it is marketed as an alternative to the dollar.
Is it a good idea to buy cryptocurrencies right now? Will there be a decline in the price of bitcoin this year despite frequent assertions that the market is active? How quickly will coins return completely? I have no idea how other dealers in this market manage to produce profits of more than in a single year, to be completely honest.
Despite the current economic crisis, I also found that many people are still making six-figure salaries; the only difference is that these tactics are commonly used successfully by those who have a good understanding of the market.
I was able to better comprehend the situation and have more confidence in my investment with the help of an investment advisor. I debated whether to sell it straight away or to hold off for a little while. The majority of investors, like myself, do believe consultants are necessary, despite the fact that they have more resources and knowledge in this field.
@@belginberk3443
WOW!! How much money have you made so far, i need an assistance to manage my trading account. Who is this particular individual you admire?
@@robbyarch4346 Maybe you've already met Ruth Loralann Brennan, my coach. Look her up; many consider her to be the greatest in her profession.
@@belginberk3443 I just Googled Ruth’s full name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks
The guy with the hat probably has at least 10 Lambo's by now
It’s only profit when it’s converted into real money Gold & Silver...
either way he is prob long gone now with his profits and off the grid!
SiLo Mixing and Mastering 🤣🤣🤣
Hahaha so true!
The lower class measures wealth through materialism, so they remain slaves.
The way they never let him answer their questions says a lot
Which is why when he said 4:28 I wanted to give him a fist bump so bad! Hope I meet the guy one day!
My big problem with BTC is that it’s used by people like drug dealers.
Drug Dealers: *nah. Actually, we’re good with cash*
This aged perfectly. Thank you CNBC for your consistency
1:35 Bitcoin is literally all four of those things.
And "real money" is only one of those things lol
it is rare but it is not indestructible
@@Coolguydudeness1234 more sp than dollars, you can't back your dollars up, you cat have it in your pocket and in your bank at the same time but btc can be backed up multiple places and as ut is defi the threat of it being wiped out is astronomically low whereas usd is loosing its worth everyday compared to btc
@@Coolguydudeness1234 how is it not indestructible? you cannot destroy a bitcoin, it will always be on the blockchain, even if it lost, its still there.
@Otto Brinkman You are simply wrong. The bitcoin is still there, you just cannot access it. It would be like saying "you can destroy gold by sending it from earth and into the universe with a rocket"
The gold is still there, you just cannot access it.
Everyone 2010-2016 on Bitcoin: “If it sounds too good to be true, it is...”
Years later: Everyone 🤨😦😲🤯😭
✉📩☝
Now road to 100k😂
The worst part is that those type of ppl will buy it when over 100k because of the FOMO
@@razorjk5974 yup thinking that it will go to a million. But it is possible in 20-40 years. But the ROI nothing compared to altcoin that has a UTILITY! Especially QUANT! I RATHER invest on UTILITY based driven than SPECULATIVE.
History up to today has shown just how wrong all these so called experts were about Bitcoin.
@Issie Wizzie stop being a cheeky scammer ffs
I've found everywhere you go, everybody that hate crypto, knows nothing about it... This guy on the right I'm surprised he even knew what it was called.
If only they could get them same 3 together now to have a follow up!
Lol
YES
Mark my words . 10 years later people will regret not buying BTC at $100K .
The expensify CEO probably had to control himself real hard when the interviewer started asking him about counterfeit Bitcoin
I love the smile on his face, the look of "You have no idea what it is and what you're saying right now, do you?"
@Issie Wizzie get a real job
this has aged well... reminds me of those mid 90's segments about email. :)
e-what-now? is that like the america on line disk?
Lookup "Katie Couric what is internet" 🤣
@@johnshite4656 RIGHT !? Does anyone remember that commercial with the strange comment the guy made - I NEVER could understand it. The guy mentioned AOL, and the other one says "Why? I have a computer."... uh, yeah. And the computer runs software. And AOL is software. It was almost like he was saying he didn't need AOL BECAUSE he owned a computer. I never understood his inflection there.
@@davidbinkowski4825 The 90s were funny that way. All the old people didn't understand computers in the least but pretended they did because they had to use them for their jobs.
hehe
Makes you wonder what the next big technology will be. The Internet has been infected by the troglodytes now, so it's time to move onto another medium.
or when ppl said computers were stupid and nobody would want one in their home. or when they called videogames evil....oh the 90s.
Investing in cryptocurrencies is currently one of the the best ways to accumulate wealth, and also it isn't a get rich quick scheme so lets be guided
After its last crash, bitcoin is now being traded at $63,000 and would possibly still rise even more. Crypto has been a very big blessing to me financially the only thing I regret was not starting early
With more NFTs being created I bet btc upsurge isn't over yet...I don't know but for me I wouldn't want to miss out on this opportunity 2wice
While at home I earn tons of passive incomes from the trades market, my investments in stocks, forex and crypto has proven to be more than an avenue to generate residual incomes for me as it turned out to be more rewarding over the years.
@@ChelseaMacc23 The reason why so many back out from trading is simply because it's to labyrinthine and the inability for them to generate profits, what folks don't actually know is that the markets can very much be profitable to anyone if trades are properly done
@Adam....I love your idea of being diversified into various investment baskets, very smart move. I am also properly invested in stocks but I barely even make any good profits so my portfolio is much of a mess, lately I've been considering to get into crypto to secure incomes but I lack insights bout how it works, have you got tips to share ?👏
Who’s here when it pops up on your recommendation in 2021 ?
me me
💪🏿🇳🇬 amazing
Yeah man
"The whole bitcoin market is about a billion dollars"
2021: trillion
Nah man I am here from 2023
I remember trying to buy bitcoin in 2015 and my mom wouldn’t let me
That’s pretty messed up tbh. Did you ever bring it up to her again since it happened?
Jajaja
Ops bro!
look CNG coin bro, its a new coin .. just buy $1,000 of Cng coin and hold it 1 year.
I asked my sister and my parents to buy 1 BTC for 70$ bucks In 2014 or 2015 and they told me NO NO. 😭😂
This hit me harder than getting hit by a baseball
Hey guys I'm looking to invest. But I don't know anything about the market, any help? As well who can I reach out to?
It is wise to seek professional assistance when looking to create a strong financial portfolio due to it's complexity
Making touch with financial advisors like Marie Showan who can assist you restructure your portfolio would be a very creative option.
I agree with you! With her help, I diversified my 25k portfolio among different markets during this bearish market period.
Almost gave up trading due to constant losses, but Marie turned it all around
Certainly!!! I diversified my $30,000 portfolio across different markets.
“Not rare” he must have millions of bitcoin 😂
Back then my friend said he was getting 50 btc at a time from mining. He amassed 40k he said which he had to sell to pay his elect bill as his parents were on his case.
@@theuglykwan Lol. That is a really good story that likely happened in several cases.
@@theuglykwan imagine he keep the 50bitcoin , and now 60k x 50 = minimum he be a millionaire
@@davidsetiawan3487 He did keep 58. But he's already comfortable so he's not selling atm.
"The whole market cap for BTC is about a billion dollars."
Laughs in 2021
Hit that 1 T baby!
Next step is to displace the gold market cap, it's at about 9 trillion. It's coming next bull cycle. Then onward.
It's happening right now😂😂😂
Doge is at 31B. Even Shiba is at 14B.
@@theuglykwan 17 lol
Laughs in October 2021 2.91 trillion baby😁😁😁
That eyebrow raise 🤣: "This guy has no idea what he's talking about, why is he even here?"
One thing i have learned in 2020 and 2021 is - the media is always wrong.
They really missed the boat ⛵ 😅
At the time maybe, but I wouldn't be surprised if they bought BTC just after the 2013 bubble exploded
More like a yacht with it's own helicopter on stand by waiting to get you to your private jet.
Me too missed the boat ☹️
„I hear you say that, but that doesn’t make it true”
Who is the kid with the hat? Man he is probably so wealthy today.
not necessary ,maybe he sold his btc around 200$ we never know,, I know some people bought in 2017 at 1800$ then sold at 5000$ thinking that was the top
CEO, networth 2.7 million in 2017 so he could be broke now, who knows
@@hosam2011 That would have been smart, I wish I'd sold at $5000. Although saying that, right now it's back to 5k
His name is at 2:03 David Barrett is the founder of Expensify
and @dbarrett on Twitter
@Alfonso Fernández nice
I consider the introduction of a Bitcoin ETF to be a watershed moment in the financial markets. Normally, I wouldn't buy-and-hold assets, but eight months ago, I spent more than $300,000, and it warms my heart that this is still happening. We are now approaching a bull run, and I am confident that I will regain everything I lost.
Cryptocurrency is booming, particularly giants such as BTC and ETH. However, the market's rollercoaster nature is putting even the most seasoned investors to the test. This is why we should look for proper market analysis or seek guidance from certified market strategists
The only issue you may have is a fear of missing out, just like everyone else. Having the right plan is invaluable; my portfolio is well-suited to each season of the market and recently increased by 100% since early last year. I and my CFP are working on a 7-figure ballpark goal, which could take until Q3 this year.
Great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
‘Marisol Cordova’ is the fiduciary advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I remember back in 2013, bitcoin was all over the news. Most of us in our friend circle knew its a big thing. The only issue was it was extremely difficult to buy it online. It was easy for someone living in the US, but for people living outside the US, the payment part was extremely difficult.
Thanks for watching send a direct msg right away for guidance
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2013? That was quite early, in my country it became widely known only in like 2017 or perhaps even later
@@itsvmmc In 2017, it became popular all over the world. Even lame local newspapers and channels were talking about crypto.
My high school nerd friends and I were talking about Bitcoin back in the fall of 2013. I even mined some on my home computer. None of us ever imagined it would become as mainstream as this.
I personally have no access to the BTC I mined in 2013, but I no longer regret it, my interest was peaked once again in 2019. I still hold BTC today :)
counterfeit Bitcoin lmao
Non-counterfeit Tether USDT ponzi lmfao
I still laughing now
That's exactly why Bitcoin is beautiful, there are no imitations.
.....................
Okay, except for DOGE.....
This is what happens when people who love talking end up talking about something they do t understand.
It's more impossible than ever
I remember when Bitcoin was $300 and I thought it was expensive
I remember when it was $13 and I remember thinking my boss didn't pay me enough..... It was true too, I couldn't afford $13 BTC at the time. Now I'm buying as much as I can.
From the future : I remember when Bitcoin was $50000 and I thought it was expensive
I had a ticker on my computer at my cubicle and my boss looked over my shoulder and said "It'll never work" at 300.
@@alphapred did you own it at that point or u we’re just tracking it?
Pay the price today, so you can pay any price tomorrow, when you invest you're buying a day you don't have to work.
Assets that can make you rich
Bitcoin
Stocks
Real estate
Crypto
@@jenkinzbrown9519 You are right is obvious alot of people remain poor due to ignorance
Most people venture into the crypto currency to be millionaire meanwhile I just want to be debt free and live comfortably
I recently got into forex trading and I'm already marvelling over the profits am making I'm like "how the hell have I been sleeping on this
Obviously trading in Bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
10 years and still has never been hacked. That's a pretty awesome track record so far. None of the big tech companies like Google or Amazon can match this perfect record. That means something.
Mark so they printed more than the total mineable supply?
@@ZidaneSteiner that's fake News
@@MoneyThrow - What are you talking about?
There's been a couple of reported thief of bitcoin
islandbee there’s a way to hack it or at least get a persons log In info but that could do for anything
“I hear you say that, but that doesn’t make it true..”
I’m having that 😂
Bitcoin Now 66,800+$ At 19 October 2021
Who watching now?
"they tried to reinvent the wheel and came up with a flat tire"
Yeah right
They came up with a hovercraft.
Pump it up and you have something superior than an ancient wheel 🤷🏻♂️
And he thought he was so smart when he spat that wise crack out. Probably practiced in front of a mirror. But there ain’t nothing flat about Bitcoin - that baby is pumping its bags to the moon 🚀🌚
He saw a tire with no air tought instantly has flat, but hadnt been pump yet 😅
If you show an airplain to a guy 2000 years ago, he probably would say that is useless...
I LOVE that the YT algorithm posted this to my feed today where BTC currently stands at $96K on Thanksgiving 2024. Look forward to seeing this again in a few years.
investing successfully in forex requires the expertise of a professional broker that is why i have made profit since i started trading with mrs Linda Bradford
wow,amazing to see others who trade with mrs Linda i am currently on my 5th trade with her and my portfolio has increased tremendously
this is not the first time i am hearing of Mrs Linda her exploits in the trading world but i have no idea how to reach her
I invest with mrs Linda too, she charges a 20% commission on profit made after every trading session
which is fair compare to the effort she put in to make huge profit
@@ClydeAThach kindly communicate with her on her telegram channel@ tradewithlindabradford
Something is terribly wrong. In 2013, Gold was $1,599. BTC $100. Today, 2024 Gold is $2,516 & BTC $57,566. Silver 11 years ago, was $27. and today, silver $28.39
"What happens when someone creates counterfeit Bitcoins?"
Dogecoin: *Heavy breathing*
The patience by the Expensify guy is unbelievable. His discipline to not laugh at the stupid comments or questions is astonishing.
I'll come back we hit $1,000,000
Who's watching this in 2024 BTC is about to hit $100k. It's going to be the same scenario in the next 10 years so you better buy now.
Preach !
Gold was $1,500 .......it's 2024 now and it still hasn't doubled yet. Bitcoin is almost $100,000
1.50 “bitcoin is not rare” bruh
Those who believed these guys then are still regretting today.
These "guys"? First guy was positive on it, guy in the middle believed fully and invested, guy on the right is one that is regretting it
Videos like this help us not to sell during peaks and valleys: the best thing to do in 2013 was buy buy buy and do absolutely nothing but keeping it safe. Now it’s at 66k and the same is probably true.
Someone comment on this in 2029 and tell me what the price is 👀
For 2029 I predict the price of Bitcoin to be around $450,000
@Christian C Alright then...very high exponential numbers which I disagree with, but nothing is impossible in crypto as they say! This cycle J predict $100-150K, and next probably $500K or so...$200K seems too much; this happened last time she. Peoe said it would be $10K peak, but it ran to $20K before drop, and sure, you can argue about institutions and whatnot hoping in, but you got to remember the term diminishing returns mate. $1 Mil sounds closer to 2029 cycle sir imo.
Everyone replying to op is gonna look like a fool one way or another in 2029 lmao
Finally, someone asks the right question. I'm from the future. On 25th Dec 2029 BTC was $4.95m but unfortunately it subsequently crashed to $1.75m. Buy the dip at that point, it'll never get this low again. You're welcome!
@Christian C u do readily that's a 4x in market cap right? 4T dollars
Gold price then: $1599, Now: $1293
Bitcoin price then: $100, Now: $5140
I know where I'm putting my savings.
Ok bud
🤘
@@MaximusTheChosenOne Good comeback.
Dave G ??
Bubble burst, hype dies down
Equity needs support.
They should do a follow up interview. I’d love to see what all of them have to say
April 1st 2013 Gold at $1,599 - Today October 20th 2021 Gold at $1,786. Yet still today you have thousands of brokers and institutional investors that pitch Gold as an investment to their clients. Smfh
“I hear you say that, but that doesn’t make it true” so satisfying 😂
I love how he simply smiles at ignorance lol
TBH I don't blame them for being skeptical at this time period. Unless you were deeply invested in the space at that time, getting the information as easily as we can now to educate ourselves about BTC wasn't as easy. If they are still skeptics at this point then there is no saving them now lol.
@@adamo36532 If you are a journalist you should make your homework and talk with cryptograph and all kind of experts in the matter to get a real opinion of the subject, it was stupid from them to assume they "knew" enough... And the same happens in all kind of matters, journalist does not make their homework and say stupid things all the time, is embarrashing...
@@RafaelSequera it was freaking 2013. Are you really gonna use basic hindsight. At least tell me that you're invested since or earlier than 2013
And got the last laugh
Bad journalism. Research first before asking questions. 🙂
The guy in the middle with the hat is probably a billionaire right now, while the suits were sceptical 👏😂
He is a billionaire now
@@29subhra What’s his name?
@@thefirsttrillionaire2925 David Barrett
"not rare and not indestructible"
LOL, good luck trying to destroy bitcoin xD
@@RafaelSequera bitcoin few years ago sure was a think but tbh it's overrated now hundreds of other better crypto are now on the market
@@kluchakiller LOL yeah go Buy dogecoin hahahaha
@@RafaelSequera what happens in 2035
Unless 1BTC = 1BTC it’ll never work.
Why did CNBC repost this? It makes them look so dumb
to show how misunderstood bitcoin was at the time and the fact that it's odd how huge bitcoin is nowadays
they posted in nov 1 2018 after a big crash, now they look dumb
@@beeefin actually november 1 was quite a while after the crash and before another 50% drop, I looked up the graph. I don't like to say it but I think we have to complement cnbc in this case... its almost like they put this on despite them being so majorly wrong.
Cnbc is trash. They were backing the hedge funds in gme.
hahahah people are actually used to media never exposing waekpoints and find it weird when they do, what a time to be alive
“Counterfeit Bitcoin” = “I don’t know anything about crypto currency”
That's why I love arguing with people who hate crypto. They do almost NO research. You can checkmate them in like 2 moves.
Lol, this will be a headline again in 2020.
bitcoin 100,00
nah
It might take a bit longer than that this time but yep it will be back
2022
2022 lol
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
How does this whole bitcoin thing work, I'm interested in it and I'm willing and ready to invest heavily in
it but I'm gonna need an assistant from any trusted and productive professional
Have you heard of Smith trading services?
Wow I'm just shocked you mentioned and recommended Smith Trading Services, I thought people don't
know them... they're really awesome!
Haha you don't have to be surprised Smith Trading Services are really good and everyone loves genuine
services, they've helped me recover what I lost trying to trade on my own
Same here it's four months now I started investing with them and it's been a good experience
"Bitcoin is too high, it does not have the potential to explode anymore"
Who knows if you buy now, it might go to 100k
It will go to 500k by 2024, 120k by the end of year and possibly 250k by q2 next year
@@b.s.bobbyshaw blar blar blar someone doesn't have a clue
Hey Ruby, just wanted to say howdy from the future. You were correct. $99,000 today. Well done.
@darrellhay yep I'm now holding an equivalent of $50k worth of btc now :)
This is why you have to do your own due diligence on everything. You cant rely only on official journalist just because they work for big brands.
That guy in the middle smiling at their lack of knowledge is my favorite thing in this entire world😂
Dude in the middle probably has enough money to buy a TV station now.
Would be epic to interview these same guys now.
Looking forward when they make the video about remembering when Bitcoin was $100,000.
Lol ok
half way there...
@@cryptoravioli1120 yes we are 🙂
@@MaximusTheChosenOne Lol funny right?
@@MaximusTheChosenOne Almost there
Nobody wants to be first
Nobody wants to be last
Counterfeit bitcoin lmfao
its pretty much an oxymoron
He didn't understand the first thing about shared, distributed ledger and thought hard forking is counterfeiting lol!
@@the.johnnyla lol
he's clutching straws
I believe this moron actually predicted BCH and BSV lolol . #BTCISKING
Thank you~~ have been watching your channel for couple of weeks ago and it's really make sense and it really help me through
would gladly appreciate if you can introduce us to a better platform where we can earn profits on a daliy bases......BTC/ETH/DOG/,
Doge to the moon and beyond
@@scarlettimogen6463 Thanks you for your update Am long term holding. I love dogecoin
I'm 50% ADA 50% BTC 5 year hold
Ganga and doge, a winning combination
Props to see CNBC for actually posting this. A lot of networks would have swept it under the rug
Can you imagine being this wrong about a subject, yet speak about it so confidently PUBLICLY?
2:55 the middlemans face expression of the right pals arguments is priceless
Omg tell me about it
Oh you don’t want to get those counterfeit bitcoins
Tell me you don't understand Bitcoin without telling me you don't understand Bitcoin...
“ I hear you say that but that doesn’t make it true “ 😅 love that one
“Drug dealers using these things”
Drug dealers prefer cash.
NASDAQ:3700 , DOW 14000, Gold 1600, BITCOIN 100$!!!!! MAN I JUST WISH I HAD THE MONEY BACK THEN !!!!!!
Poor guy on the right was wrong about literally everything. I mean point by point by point by point.
Its still worth over 60x since 2013. And almost 200x at its peak.
Lol, and down 70% in a year... I guess it depends how you want to frame the statement.
@@jonathanhankins8356 so was Amazon at one point.
@clg632012 Right. January 1st it was 13,800... so, still pretty terrible.
@clg632012 You are totally out of touch with what drove prices up.... that ship has sailed.
@Mr Maestro 87505 Actually, it is the people like you, who bought in late, and are angrily refusing to believe that they missed the opportunity. Bitcoin is no longer rising by ANY metric. Historical performance (that you missed most of) means nothing. Bitcoin will continue to decrease in price as other cryptos capture market share.
That middle guy is probably a billionaire right now. The conviction even at that early time is real.
Bitcoin earning? meaning i can be earning Bitcoin online, please tell me more?
I recently got into forex trading and im already marveling over the profits I'm making,
I think I'm blessed if not I wouldn't have met someone who is as spectacular as Catherine Wood
She changed my financial status for the best
@@kelvinpeter8640 Yes, I'm a living testimony of Catherine Wood
@@kelvinpeter8640 She's productive and trustworthy
This is really cool to look back on. I would like to see the same guys now discussing these clips.
Thanks for watching
Send a direct msg right away
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'I hear you say that, but it doesn't make it true.' Well said, proves those that shout the loudest aren't necessarily correct.
Counterfeit Bitcoin hahahahah
He saw too many Counterfeit Fiat
hes not wrong tho... look at bch lmao
Craig Wright has some counterfeit Bitcoins to sell you
@@chungchan2678 but look at btc dominance
Bitcoin Cash and SV wants to know your location
And now we talk about 100000 US Dollar. Awesome Guy
Today, 30/05/2024 BTC is $68,700. In the next decade, it will be at $1m. Many will regret not buying a fraction of it today. 😊
I have ventured into trading cryptocurrency for quite a long while now, but I've made so much loss than I've gained, I honestly don't believe so much in the internet again,
Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless to what is happening in the wider or broader market. Essentially, The procedures involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movement of an asset.
that's true, most people today have been having a lot of failures in forex and crypto sector because of poor orientation and lack of experience
investing in crypto was fun till losses came in. couldn't figure out what I was doing wrong. I Lost all my money
Same here, My portfolio has been going down the drain while I try trading,I just don't know what I do wrong,
@@kelvinmile4579 that was my case. till I came across Bessie Harris
I am watching this in 2024 when BTC is $97000
Biggest regret of my life is not listening to a buddy in 2011 who tried getting us into it.
Thanks for watching send a direct msg right away What'sApp✚𝟷𝟻𝟶𝟺𝟹𝟽𝟺𝟾𝟽𝟸𝟿
Now its worth 99500$ 😅