Bitcoin bull Tom Lee, Fundstrat, still believes the cryptocurrency will hit $25K by the end of this year. With CNBC’s Melissa Lee and the Fast Money traders, Pete Najarian, Steve Grasso, Karen Finerman and Tim Seymour.
source
Tom Lee: I want to be clear, bitcoin is going to $25,000 by year end
Bitcoin bull Tom Lee, Fundstrat, still believes the cryptocurrency will hit $25K by the end of this year. With CNBC’s Melissa Lee and the Fast Money traders, Pete Najarian, Steve Grasso, Karen Finerman and Tim Seymour.
source
Simple folk are investing their life savings based on such claims. I hope you all are held accountable by the masses when the shit hits the fan.
this guy can say whatever he wants cause he has millions of dollars.
LOL.
How you doing!
I started investing in crypto last year and I went down the drain until I found a comment on YouTube about Pauline Burnett. I didn't hesitate to contact her, I traded with her and went from having 4Btc to 12Btc. Thanks to everybody who posted about Pauline Burnett, you are all part of my Success Story. You'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct your habits in terms of the market's characteristics and being able to learn from people who know more than you, expand your information network and take recommendations. It’s no news that Pauline Burnett has been helping so many of us out here with new working strategies to trade our Bitcoin. You can contact her via email at {paulineburnett101@gmail.com} seek her guidance.
But does he mean $25K as a bottom after a crash. Or $25K as a new ATH? Because technically Bitcoin ended 2017 at around $13K.
CNBC totally caters to the amateur, naive, retail investor, and their constant coverage of the crypto currency "market" is one example of that fact. I still do find myself watching them, mostly because they have better looking "money honeys" than Bloomberg or Fox Business :-).
XRP is a security
If bitcoin goes to minus figures this ching will still be bullish
25k? give me a break
Lies lol
Bulshit, guys play with everyone, this is big games, maybe go up maybe going down… who knows? Somebody create game and you will only win if you understand how to play game .
But nobody telling you rules and steps because isn’t real!!!
LMAO! so if it costs 22k to create something, it must be worth 25k. That sounds like how some ipo works despite not able to make a penny after a decade in business. let's just say i am willing to charge you $10K for every Brooklyn Bridge painting i am about to do but i am going to give you a nice discount of $1k, why do you try to sell it for $11K. If cost has anything to do with how something should be valued, then no business would be bankrupted.
Charlie Lee is a brilliant man and he will lead litecoin to the moon!
credits cs is going to overtake everything
You will forever regret not buying vechain.
This guy is high
Tom Lee is a freakin putz. Dude is always wrong and looks like a clown with those glasses.
If you have cheap power…$999 to mine one BTC , times 2.5 = $ 2497…..so $3333 USD …BTC !!!! So no chance of $ 25000 USD by year end.
The bubble has popped
Fair value/expectation based on how much it costs to mine…. that’s… not actually how it works.
If it costs 1000 bucks to build a Big Mac… that doesn’t mean you can sell a Big Mac for 1000 bucks.
At this point, all we can do is hope.
For it to go up like that again it needs lots of hype
They are just trying to hype it up. To many people lost a lot of money in the last pump and dump and i think that everyone forgot about this because they dnt seem to bring this up at all lol.
bitcoin is fools gold
Hahaha nope.
he says bitcoin has no competition but ethereum does? Both do.. but bitcoin has the most competition because every single crypto out there can do what it does.. bitcoin does nothing unique
i love how the cnbc panel think they can talk about bitcoin when all theyve done for 99% of its life is absolutely trash it and act like its a joke
Tom Lee is wrong. XRP will rise quickly.
crypto is dead
Comparing bitcoin to gold for production costs is a poor comparison. Gold has inherent value and uses in and of itself. Just because it costs more To mine than it is worth doesn’t mean jack because bitcoin doesn’t fill any unique purpose like gold can argue fills. I guess money transfer for illegal entities is its purpose though? But that just brings in regulation risk.
keep dreaming
People just don'tget it Crypto is going nowhere, now is the time to buy as much as you can , there are fantastic Alt coins like PKG token, and Banca Token that are under a penny right now and you can get millions for cheap but not for long, Crypto has and will make a lot of people filthy rich, just takes research and guts.
Ouch.
another china man trying to push a fraud
Sell your bitcoin….buy gold. NUTS
Great video speaking out the truth. You might want to check out scorum.com a blockchain based sports blogging platform that is heavily used and under the radar. If people use a similar Facebook version, i am sure people will use it
hahahaha Keep drinking that Kool-Aid! Bit Coin isn't going to be worth the toilet that its going down in! … Get your money OUT while you can, IF you can that is
People in charge of crypto hedge funds have artificial intelligence tools that read social media, and are able to pump coins, they are for sure going to pump crypto higher than it has ever been, but this might not happen for a while.
Superb vid
Litecoin?, XRP?, really?
If cost of production implied value, then maybe I should dig holes with expensive equipment and sell the dirt for massive profits.
when us euity bottom ?
bitcoin will be pump by wallstreet bots software on exchanges
hedging :
long = bitcoin/$
short = us equity that burn cash
mining – to asociate with gold
NO mining
3:08
look at the ground = LIES
Can you jackasses talk about important stuff? The price does not matter nearly as much as the fact that Bitcoin will empower billions of people and unbank us all.