Bitcoin in 2021, Bull🐂 or Bear🐻? - Jim Rickards
Alex discusses bitcoin with famed economist and currency geopolitics expert Jim Rickards. Rickards explains why he sees no value in bitcoin and thinks the risks of investing are very high.
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How inflation, capital gains tax hike fears could affect tech stocks
Earnings are due out after the bell Tuesday from Alphabet and Microsoft with Apple and Facebook reporting on Wednesday and Amazon and Twitter reporting on Thursday. Greg Branch, managing partner at Veritas Financial, and Julian Emanuel, managing director at BTIG, joined "Squawk Box" on Tuesday to discuss what they expect in the tech sector ahead of the earnings results
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Bill Gates on Misinformation, Bitcoin, Pandemic
Bill Gates, Microsoft Co-founder and Co-Chair of the Bill and Melinda Gates Foundation, talks about misinformation on social media, Bitcoin "mania" and latest developments in the COVID-19 pandemic. He speaks with Emily Chang on "Bloomberg Technology."
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China’s new cryptocurrency will give banks and government more control
The 'digital yuan' has been in circulation in pilot projects across china for almost a year. It is the first state-backed cryptocurrency in the world to be used on such a scale. But unlike more traditional cryptocurrencies it will give the central bank and the government more control not less. Sean Mantesso explains.
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Dogecoin $100 Incoming (You Did Not Know)
At Crypto Lion, we share everyday price predictions and news about cryptocurrencies. For example about our main topic: Cardano or about: Ethereum, XRP (Ripple XRP), Chainlink, Litecoin, Vechain, xlm, Bitcoin, and many more. We would love to hear your opinion about crypto and share your investments in the comments below...
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GOOGLE BANK ACCOUNTS To Start 2021. Bitcoin & Cryptocurrency to be Offered Next?
The stories pretty much write themselves. If this happens (I think it will) then WATCH OUT!
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TOP 6 ALT COINS TO BUY HOLOCHAIN HOLO HOT CRYPTO COIN PRICE PREDICTION 2021
TOP 6 ALT COINS TO BUY HOLOCHAIN HOLO HOT CRYPTO COIN PRICE PREDICTION 2021
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Bitcoin Price To 500x SOON!!
In this video Max Keiser look at the fact that last year’s $1200 stimulus for Americans is now worth $7800 as money is spewed from all corners at consumers, voters, bankers, and corporations.
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Making $400 a Day Mining Ethereum (crypto)
Making $400 a Day Mining Ethereum
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone reading this will be successful in life.
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Bill Gates: The Bitcoin Panic of 2021
Bill Gates recently described Bitcoin as a mania/bubble, while others like Elon Musk have revealed they believe it could rise exponentially in value. Who's right? Let's discuss.
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Chartmaster says bitcoin breakdown's just getting started
Cornerstone Macro's Carter Worth on bitcoin $40K. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Brian Kelly, Steve Grasso and James McDonald.
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Jim Cramer on how investors should handle bitcoin's weekend plunge
The price of bitcoin tumbled over the weekend and was down as much as 19.5% from record highs posted by the popular cryptocurrency in the past week.
Bitcoin dropped as low as $52,148.98 on Sunday morning after reaching an all-time high above $64,800 on Wednesday, according to CoinDesk. It was last trading just over $55,795.
Other cryptocurrencies, including ether and dogecoin, also took a hit over the weekend. The price of ether, the second-biggest token by market value, dropped as much as 18% and fell below $2,000 on Sunday before more recently trading at over $2,150. The token had also recently hit record highs, topping $2,500 on Thursday.
Meanwhile, dogecoin, which soared more than 400% at one point last week and hit an all-time high of 45 cents, dropped as low as 24 cents this weekend.
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Bold call on bitcoin: Minerd says it could drop 50%
“Given the massive move we’ve had in bitcoin over the short run, things are very frothy, and I think we’re going to have to have a major correction in bitcoin,” the firm’s global chief investment officer told CNBC’s “Worldwide Exchange.”
Bitcoin traded just under $55,000 per token Wednesday morning, one week after setting an all-time high of nearly $65,000 in the run-up to crypto exchange Coinbase’s blockbuster direct listing.
“I think we could pull back to $20,000 to $30,000 on bitcoin, which would be a 50% decline, but the interesting thing about bitcoin is we’ve seen these kinds of declines before,” Minerd said. However, he said he thinks it’s part of “the normal evolution in what is a longer-term bull market,” with bitcoin prices eventually reaching between $400,000 to $600,000 per unit.
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The Top 10 Biggest Market Crashes
In 1593 tulips were first brought to The Netherlands from Turkey and quickly became widely sought after. After some time, tulips contracted a non-fatal tulip-specific mosaic virus, known as the ‘Tulip breaking virus’, which started giving the petals multicolour effects of flame-like streaks. The colour patterns came in a wide variety, which made the already popular flower even more exotic and unique. Tulips, which were already selling at a premium, grew more and more in popularity and attracted more and more bulb buyers. Prices, especially for bulbs with the virus, rose steadily and soon Dutch people began trading their land, life savings and any other assets they could liquidate to get their hands on more tulip bulbs. The craze got to a stage where the originally overpriced tulips saw a 20 fold increase in value in one month.
The 1673 Tulip Mania is now known as the first recorded economic bubble. And as it goes in many speculative bubbles, some people decided to sell and crystallise their profits which resulted in a domino effect of lower and lower prices. Everyone was trying to sell their bulbs, but no one was interested in buying them anymore. The prices were progressively plummeting and everyone was selling despite the losses. The Dutch Government tried to step in and offered to honour contracts at 10% of the face value, which only resulted in the market diving even lower. No one emerged undamaged from the crash and even the people who got out early were impacted by the depression that followed the Tulip Craze.
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BITCOIN AND CRYPTO CRASHING?? WATCH THIS!!
The Bitcoin (BTC) and crypto spaces are extremely volatile, so these types of Bitcoin crashes and crypto market pullbacks are always going to be something that we deal with. As mentioned, we can't continue extremely bullish upside until we retrace and establish support. Remember, buying can't continue forever without these pullbacks.
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