Are crypto investors nuts????
How can you make these kinds of claims and not give a single reason why? No fundamentals, no data, nothing. Sure, we can trust the cofounder of BitMEX. He wouldn’t lie or exaggerate, right? Nice reporting CNBC. https://www.cnbc.com/2018/06/29/bitcoin-will-reach-50000-in-2018-says-founder-of-bitcoin-exchange.html
Or $5. Flip a Bitcoin to find out the answer.
Fundamentally, your estimate is just as accurate and a has a much higher probability of happening. CNBC should have you in tomorrow morning 😜
Coinbase GDAX (BTC-USD) profits are down 98% from when crypto peaked. RIP
How do you know ?
Look at the numbers. GDAX revenue as peak was $3,300,000 per day. Now it’s barely at 70,000$
This guy is a dud.. you need to hear other folks who are well versed with Bitcoin and its importance and why it may go higher
$50K slow your roll, turbo. Man, I'm still trying to get used to finally breaking out of the $2-6 level that we were in for what seemed like forever.
Cnbc you suck
It’s hype. There aren’t fundamentals...yet. But yea man, it’s probably more probably than not. The existing banking system doesn’t justify the fees and transaction speeds. Crypto isn’t going anywhere.
I’m convinced block chain is going to fundamentally change everything for banks and a few other industries. And to the consumers advantage. I’m a big fan. Crypto is a different story all together. It’s like the pets.com sock puppet of the internet’s early days.
There can't be fundamentals for something that is made of shit. Unless you mean "Expected Transaction Rate" and "Expected Year End Dollar Value"