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Pantera Capital CEO Dan Morehead joined Yahoo Finance Live to break down Bitcoin breaking $40,000 and why the price has surged.
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The price of cryptocurrencies rallied overnight as investors stayed hopeful about the rising interest from institutional investors. Bitcoin, the greatest digital currency on the planet, rose to a record $40,000 while Ethereum and other altcoins likewise kept on progressing nicely. As of late, numerous institutions like Mass Mutual, Square, and PayPal have invested a huge million of dollars in Bitcoin. Investors accept that these victories will prompt more stimulus. As Bitcoin’s price keeps on moving, there’s a developing trust in the resource that shows why this meeting is unique in relation to the one of every 2017.. Making profits in trading is particularly essential since the time I began trading with exchange signals from an expert trader Mr. Ethan McKenzie his amazing framework and trading signals have truly benefitted me. I began trading with a course of action of $10,000 and made a monstrous bit of leeway of $33,000 in only three weeks with his exchange signals. He’s just the best at his field furthermore a genius concerning trading. He can be reached on Télégrám (@Ethanmckenzie) and Whát’sápp (+44 7723 042647) for assistance
If someone wants to buy my house or car and wants to pay me with bitcoin, I’d say GO AWAY and don’t come back until you
bring cash or a cashier’s check.
Lol dont buy wait til scc finishes xrp lawsuit…
No need to wait, bitcoin cannot be considered securities. That’s a problem for most altcoins though.
dude sec lawsuit announcement happened when btc was barely more than 20k…it’s nearly 2x that now
Why is the title of this video “foe crypto” ?? Are you trying to drop hints?? Are you trying to manipulate us into thinking crypto is our foe???
the r is next to the e on the keyboard; it’s a typo, not some ominous subtext.
Yes, and the narco dealers use it too. Disgusting ! The governments are sleeping!!
You mean, like they use USD cash?
@Miroslav Kriz Exactly!
Man, you people are so left behind.
This video is so STUPID and says that if banks go bankrupt…..banks can’t go bankrupt because they’re FDIC insured whereas crypto is not.
mmm, well banks may become mostly obsolete at some point in the future, the digital dollar will take over all those functions possibly. Some banks are actually scared, they kind of see the writing on the wall, there was one major bank that just invested 100M into btc this past week. This could be as early as within the next 10 years where we start seeing this happen.
Cardano will be the one to watch. 40 broken as Biden is pro Crypto & the current system is currently fucked.
Lol. Cardano.
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In a few years to come people will be kicking themselves in regret if they miss this opportunity of buying and Investing in Crypto currency ✅
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The rise of bitcoins is an attack on the dollar, like anti government issued currency movement, a revolt, a signal of revolutionary events. Weakness of the government in maintaining the value and trust in the dollar. It means there is a huge lack of confidence in the dollar. If US dollar were to be backed by gold, dollar still might be saved. What’s worse is the federal reserve itself is also against the dollar. US government needs to regain public trust and confidence in the dollar or it’s not good for the real economy.
@David Reads
I just can’t imagine people will use bitcoins to purchase anything. If you spend your bitcoins on items, the next day the value goes up or down. You either regret spending the bitcoins because it gained value after you spend it. It’s too volatile, it’s more like putting money into bitcoins so you leave the country and take to anywhere if you need to. Metals are so heavy transaction is tough using it. Bitcoins going up this much means wealthy investors are buying it, and extremely fearful of what’s going happen. It’s an escape plan.
Fünny hôw beårly Eíght mônths báck lèáding cryptô cürrency trâdëd för abōut $7000, ìt’s cúrrently trâdìng abôve $24,500 , ì’ve alwâys tôld thõse who have câred to lìsten thât cryptö curréncy ìn géneral ìs here to stäy , ìt’s öur présent and our futûre in the mârket , thé BTC chârt wôuld obvìously réveal ïmmérse gaíns recôrded by hôlders wìthin thìs périod , bût thât’s jûst eârníng in bìt compárèd tó whât cryptô trâdérs eärn weèkly , béen cópïng thé sìgnâl trãdēs of à rënouned trãdìng expért Dâniel Wrìght tó neâr pèrféctìon , mädé ovér 9 bìtcôin wìthìn twô mōnths of trãding , fór strìctly trâding réläted trôublés , Danìel may be reached on whât’sâp + 1 (786 5 27) 29 47. and tâlē.grâm @ Dänìelwríghtfx. The wôrld is wâkíng ûp tô dìgítal cûrréncy
If someone wants to buy my house or car and wants to pay me with bitcoin, I’d say GO AWAY and don’t come back until you bring cash or a cashier’s check.
i doubt too many people would offer their bitcoin, maybe a few, but not many
@moonshinefuel LOL
Bitcoin rise is due to people scared of covid19, mass shootings, cops killing nonwhites, Nashville bombs, etc.
No they r afraid of the endless printing of money western gov have been doing. If u think someone is buying Bitcoin because another person died in a shooting u r ignorant.
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Bitcoin is the future, Investing in it now will be the wisest thing to do especially with the current rise For real it’s very profitable
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It produces nothing, is not a currency, has nothing backing it, independent from the FED and IMF, is secure in cyberspace, and a Japanese caricature created it. (:Get on this ride now! Before it’s too late:) Off Too the Moooooooooooooooooooon!!!!
Can’t cheat it can’t double-spend it, it’s not backed by something that can possibly be a detriment to it in the future so it is pure in a way, nothing hinders it. It produces wealth to people who understand it. It is independent from corrupt entitles, not to say they can’t invest in it because of course they can. Sell sell!
@moonshinefuel Can’t cheat it. Nope. Not the FED nor the IMF. Powerless to stop it:) Too the Mooooon!!!
look at the farking LOG chart.
BITCOIN AS A “STIMULUS PACKAGE”.🎁🎉🎉⛱️🌅🌄🌄🗻🗻🎇🎊🎊🏞️🏝️🏝️🏖️🏖️🏜️. IMO.
So while crisis come’s up .Bitcoin climbs lol 😆 Now i say crypto is better than stock investing in crypto should be in every wise individual to do list
Bitcoin is the new Gold 💥💥
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It’s so embarrassing seeing nocoiner reporters talking about stuff they have no idea about, claiming they’ve been ‘covering the space’ for years. Total losers
Agreed. It’s like they pride themselves on being ignorant of a major disruption in their field of work. I wish I could say this is uncommon but I’ve seen it a dozen times as a programmer from Silicon Valley. Technological disruption rolls into an industry and the entrenched players at the top refuse to believe it’s real until it’s too late. Right now the finance industry is getting heavily disrupted and the old guard is pretending like it’s just some silly fad.
You’re a loser. It’s going back to $25k by end of year.
Why do people watch mainstream media? They have no idea what they are talking about
Interesting info!
vBURN THE FIRE
Alright, so who did the typo?
The guy at 3:40: “Now bear with me, I’m a bit of a ludite, but… what’s this computer doohickey you speak of?” 😆
Wisdom of the crowds or Who is the greater fool. For now I am all in either way will find out one day!
I mean can you say anything besides buy Bitcoin?
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lol typo
That btc going to Mexico is def for meth and cocaine
@Yahoo Finance for what
Yahoo, please don’t capitalize on Ebonics.
“Foe” sho Yahoo!
Nice and very informative video🙌👏👏 It’s a new year and a new beginning for crypto traders and holders alike. Bitcoin closed the year 2020 as the best performing asset in the last decade which is an indicator that it is the future of crypto and it is not a question to ask if it is the right time to trade, but a time to look back at the few days and weeks that preceded. The crypto market has been a bullish one lately and smart people have been making steady profit while some are being patient. It all depends on the way we have all learnt to trade and the signals which we follow. As for me, trading has been profitable for me because i use the signals of Frank Cole . His signals and strategies have been instrumental to my success as a trader. During my first 5 weeks I was able to grow my portfolio from 1.1btc to 6.2btc which no doubt you will agree is a very good profits. My advise still stands on this, take advantage of the present bullish trend and grow a very strong portfolio. Frank can be reached via his {Telegram @Franktrading99} or * Mail *(Franktrading99@mail. com) for inquiries into profitable trading systems
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By the time the normies figure out bitcoin…they’ll be selling body parts to get it lol. I’ve tried to explain what crypto is to people since 2011…with very little success.
I tried to talk about it to people when it was around 8-10k. I was excited about the prospect of crypto. Most people dont get what its all about. You either get it or you dont. I gave up talking about it. We all make our own future.
‘Paypal purchases are more than 100% of the new issued Bitcoin’ huh?
I think he means more people are buying BTC on PayPal vs the amount currently being mined.
@Jeremy Miles oh yep that makes sense. He should’ve put it that way!
Why can these journalists NOT educate themselves about the basics. It’s really easy. If you cannot find it on Yahoo … use Google.
USD does not pay dividends. It pays interest if you lend it … just like Bitcoin. Easily earn 5% interest on Bitcoin with reputable regulated financial institutions.
Contact her on WhatsApp.👆
And nobody talks about Celsius Network, second only to Greyscale with assets under management 4 Billion, and also partnership with Line Corp of Japan which has 3 times more users than Paypal. Few Understand.
The fact that I’m the me first to like this comment after 20 hours shows that people that watch more mainstream type finance news (yahoo), have no clue still. The boom is yet to come.
Investing in Bitcoin are really profitable right now 💯
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only bc they are growing, wait till they pop
when every regular people buy btc you know it’s bubble, it can’t continue forever, question is how far can it go before it pops
You have nothing to doubt about POLKADOT, do you know who is behind POLKADOT
Lead tech from eth. Great buy rn under $10
Bitcoin is the base layer to the next world financial system. Taking money creation out of the hands of humans is the most rational starting point to making the world a better place.
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Isn’t it wonderful. Bitcoin have gotten everyone into FOMO, so. the price can explode just like in 2017
Now lets just wait for the big players to start. Cant wait for the waterfall
once institutional money floods in there is no going back in price. are you kidding me? BTC takes over 15 mins to transact, who has the time to stand and wait in a coffee shop to confirm a transaction in the morning rushing to work?
BTC is digital gold. You dont buy a cup of coffee with hacksilver either these days. Stellar for example could be used for that.
Have you imagined if Jeff Bezos had invested more about the same time Elon Musk invested in stock, probably he might have still been the richest man in the world today despite loosing 4% stake to his ex-wife, That’s why i am still of the opinion that investing remains one of best ways to maintaining financial stability.
I’m happy to buy the Tesla stocks but not the car. I’ll let some else do that 😀
As a rookie i began investing through guidance from a licensed financial expert and within 18 months I already accrued massive profits, so yes investing but with proper guidance from a professional is predominant to making good profit.
@Rachael B Very prescient, please who is the professional you work with and how can one reach them?
@Driftgod I work with a financial consultant Maria Leda Goebel, I came across her on a business insider interview, to get in touch with her, you can search her name online for all info you need about her.
The stock market came into existence by the rich, for the rich. its that simple
YEAH BABY YEAH BTC IS KING FOREVER
IS YAHOO FINANCE TRYING TO ACT STUPID, HOW ARE THEY NOT ON BOARD YET HELLO HELLOO 😀
typo in title
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Tesla will top that, btc has no innovation or disruption value, let´s hand over our money so that elon can smile when there is a trillion for him, he is pure and will save us all from AI and give us all jobs, he is the only pure saint left on the planet
The topnotch of investment platform deals mainly with bitcoin and forex trading
only wise folks will invest in it now
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Yes do that
wow
I know
it’s the key to altcoins
they should
As the economy crisis keep rising,one needs to have different stream of income, one needs to have a diversified portfolio in order to survive
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A $100 investment in Bitcoin with an ROI of 62,500% would have resulted in a gain of $62,000. A $1000 investment over $625,000. And a $10,000 investment would have netted the investors over $6,25 million
Those that don’t invest now stand the chance of being poor in the future because
Bitcoin is the future ✈️✈️✈️
I’ve been quiet unsure about investing in this current market and at the same time I think is the best time to invest
So surprise to hear about Mr Mathew Lowe on here I actually saw him on a conference in Madrid Spain🇪🇦
I have been trading with him also since then
I wonder how much of the currency btc exchange between USA and Mexico are related to drug trafficking
You guys are still ignorant after all these years
No defi
No smart contracts
No oracles
Nothing
Only about the old bitcoin these folks are still on 2009
Bitcoin is simply the best
Bitcoin is the real deal
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.”
@Muhamad Hakeem Thanks
Well, I think it is working. There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin— People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.
. I think the fact that within the bitcoin universe an algorithm replaces the functions of [the government] is actually pretty cool. I am a big fan of Bitcoin.
@Dora Williams your very correct
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
You tube is not the place to post these things. Find a local financial advisor and get their help or have them point you in the right direction to a crypto friendly advisor
Wow
Good
The new revolution is about to start now! Let do it again and again and again.
The only scary thing about Bitcoin if all the USA money is trapped or stuck in there or locked and you can’t get it out once they do something
Ooh Morris Taylor is really good!!!🚀
Hypothetically How will the value of Bitcoin be based if the value of the US dollar plummets due to the current stimulus policies. Just wondering how you value a synthetic digital asset when the fiat currency it’s valued against is just funny money created at will by the centralized banking system.
investing in crypto now is really cool especially with the current rise in the market for now
Having professional mentor you is also very important when it comes to trading, without proper mentorship, one tends to opt out of the market early enough. I do my investment on Mr Williams Ruben platform. He’s pretty good
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