Michael Novogratz on bitcoin's latest rally




Michael Novogratz, former hedge fund manager and CEO of Galaxy Digital Holdings, joins CNBC’s “Closing Bell” to discuss the reasons for bitcoin’s latest rally.

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27 Comments

  1. It’s not magic nor miracle. It’s tulip. It worths nothing. People buy it because they believe the next person will be foolish enough to buy at a higher price. There is always a greater fool until there’s not. It’s just a software. It is not unique. Just the first copy of it

  2. Anyone notice Mike’s “slip of the tongue” when he said “Apple” and and after a pregnant (though quick) pause , he said “Facebook”? Well, Apple is coming. June 1, 2019.

  3. mhh I can taste that salt. People have missed the 2017 Boom, now they are missing big gains a second time, that's bitter. Losers will start going out and write shit again so funny

  4. If you know anything about the Kardashev scale, you know bitcoin and other crypto assets are an indicator that we’re are reaching a type 1 civilization. This push towards decentralized money and assets are inevitable.

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