King of crypto Barry Silbert says bitcoin has bottomed

47 Comments

1. I was writing a paper on Bitcoin vs. The banking system and my professor hit me with this question, I have no clue how to answer it, any ideas?:
   One counter-argument that I saw that you didn't address is credit. It strikes me that you could not have a credit or loan system with bitcoin because it requires the person to have the bitcoin available. (To solve this problem, it strikes me, would be to tie yourself up into your original criticism of banking altogether, and, yet, you need some way of issuing credit since most economies rely heavily on credit.) Could someone please explain to me Bitcoin vs Credit?
   So if Bitcoin were to become a national currency or even overthrow the banking system, where would credit come into play "since most economies rely heavily on credit"

2. check my steemit post from over a week ago.. i called the $7200+ correction/reversal at first sight of inverted head & shoulders yet I'm not strutting around bragging that i'm the "king of btc" cnbc smh

3. This is not Bitcoin's bottom.

4. Anything that CNBC says or predicts is bogus. BTC has not reached its bottom. This spike is a manufactured bull trap. NFA just MO.

5. Burst ,navcoin and bankera , are increasing ours projects and nobody see.

6. Bitcoin wil go to 50k end of this year and iT Will take over the world ! IT has to be

7. Lol even a donkey could say this. These guys give people old news and want us to think they know it all. The few last bullish candles are really weak we need more to say that btc has definitely bottomed.We should be careful about the crap they try to make us eat. Seriously I wish to see what he will say if btc goes back to retest the lows. Lack of credibility from these people. We do not need to be a genius to know btc will pick up the up trend and move way higher. Being bearish on btc is just foolish.

8. The bottom has not been confirmed yet. $5.7k could be the bottom, but there is not guarantee. Be warned.

9. IF CNBC SAYS ITS THE BOTTOM, THEN WE'RE DEFINITELY NOT THERE YET GUYS. Lets wait for them to declare Bitcoin is dead

10. that's one crap portfolio, and he's gonna cry when btc will be overcome by altcoins

11. interesting… i nvr thought of decentraland

12. Meh – because these people are running in with calls of bottoms and bullish price targets are probably why we haven’t seen the bottom. He’s been in since 2012 and probably no one has still done a transaction using it

13. https://www.binance.com/?ref=16892195

14. BitCoin going to 30,000!!

15. Ltc is the premier crypto

16. as i have been saying. buy bitcoin.

17. Can't have a portfolio without a Bulwark node or 2, lol

18. Decentraland? wtf … lel

19. ALQO

20. Those clowns trying to pump that scam to make some quick cash out of crowd effect.

21. Cryptos are Pyramid Scams, nothing more nothing less! they worth $0 altogether.

22. 99% are going to 0? One thing about this crypto space that I've learned over the past year is that even if someone is right there always wrong

23. LOL 25% ETC bahahahaha

24. who the fk is Barry Silbert, and what the fk is he talking about ^_^ fomo loaded, soon 5k

25. Everything this guy has got will pump. He and his friend will try and make sure those coins they invested in will not fail
    .

26. why so negative? the guy is ok

27. In crypto be opposite to the news..

28. If Media "experts" say we reached the bottom its means we still not reached the bottom.

29. I think Bitcoin will stay No 1, might be over taken by Ether, I am big fan of ripple, but at the same time, I think most of the top 30 coins will do well and has various features and different projects, I think its good to invest a little money in all.

30. i don't think the bottom has bean met yet..

31. Zencash is a privacy coin carrying a lot of risk to be investing big funds. Doesn’t make sense unless your an irresponsible trader

32. His 5 „best“ choice and the rest is going to zero. What an idiot!!! There are definitely greater projects or there

33. Shillbert made good $ pumping the pointless Ethereum Classic. "Store of value" with no other strong use case = pyramid scheme

34. This can only mean one thing…there’s yet another big correction to come!!!! Lol

35. Of course he benefit when he say it's bottom. Any money back guarantee?

36. Sorry guy's, Rothschild will hold BTC around 6 – 7K for a while yet!

37. oh god, if he says its bottomed, that means it hasn't

38. Crypto king ??? what a joke

39. What caused the bottom???? Whales manipulating the market. Here's the thing, cause fud, feed off the bottom, then cause fomo and then fud again and repeat. They are milking retail traders to the max.

40. ????

41. Lmao CNBC really doesn't have a clue how markets work.

42. everyone is choosing to avoid discussing how BTC really exploded in prices ….a repetitive cycle of wash, rinse & repeat: hardforks (1 for 1 deal) + play money printing / pump (tether)

43. Negro pls!

44. If your portfolio doesn't contain ETH or LTC you're doing it wrong

45. As much as I wish it was the bottom, this is not how markets work, we will be tested by the bears and Wall Street shorters, look when buffet and munger and gates started fud at 10k and down she went to 5.7k, look we have strong support but another triggering event could wick us down further we’re cheap buyers are waiting

46. ZENCASH 51% attack lol

47. Vechain – enterprise is already here, surprise