1546987179 hqdefault More Regulations Will Help Legitimize Digital Currencies CNBC

More Regulations Will Help Legitimize Digital Currencies | CNBC

So just taking a look at the returns we’ve seen in Bitcoin over the last couple of years versus the equity markets that Don just pointed out.

James I know one of the things you are saying here in your note that a long-term investor should buy all of these dips as part of their portfolio and just never look at them again.

Bitcoin Expert

Bitcoin is not a penny stock it’s not something you buy one day and sell the next day for little gains, you have to be a long-term believer that cryptocurrencies solve huge problems, that paper currencies have cryptocurrencies will replace some are all of the paper currencies in the long run, so people are always saying,

Oh am I too late to get into this. no, this dip now gives the opportunity to see massive enormous gains are you investing in Bitcoin and other cryptocurrencies…

I’ve been buying on the way down, and I’ll buy on the way up. You know what’s going to happen, is more regulation will happen and that’s a good thing, because then the masses will trust that the government’s involved they will possibly be protected and institutions. which have not yet been exposed to this.

Really maybe one quarter of 1% of institutions have exposure to Bitcoin they’ll finally start getting in and this will be a valid investment class regulations, this is part of the reason we’re seeing Bitcoin other cryptocurrency shellacked in the last couple of days crackdowns in China South Korea, How do you regulate up the cryptocurrency market it’s a fair it’s a fair question South Korea is hinted that it might want to take on the exchanges themselves, they since at least one person in the South Korean government recanted that idea I would agree with James the regulation, in the end, is a good thing,

READ  The Next Economic CRASH - What Happens to Bitcoin?

For these markets we saw it happen in Japan in 2017, that was a big boost of the market Australia as well sort of acknowledged that this is the thing that we want to be a part of.

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28 Comments to More Regulations Will Help Legitimize Digital Currencies | CNBC

  1. im not hold my bitcoin any more.

    all my bitcoin already convent
    to
    raiblocks
    Neo
    ripple
    steller
    erthreum

    date convert 2/1/2017😁😁😁😁😁😁😁😁😁😁😁

  2. Why Bitcoin though? Seems to me that Bitcoin is already out dated in terms of usability. There are other coins with faster transaction times and other useful features. Seems like just more hype to me. Thoughts?

  3. TRANSLATION: More regulations will allow a very small segment of the ultra-wealthy to control and extort profit from the system/people, just like in the banking industry.

    P.S. Read my comment below for more reality checks on Bitcoin and James Altucher.

  4. COINCIDENCE? I want to point out that there seems to be an inordinate amount of comments that are similar in nature on this video, such as insinuating that this guy is some kind of a genius, or in some way cool, and very brief (one sentence).

    For instance;
    "Albert Einstein over here"
    "Albert Einstein had funny hair. Look how smart he was. If you are an investor, pay attention to this guy."
    "Does anyone else think that he looks like Ted from "How I Met Your Mother"?"
    "This guy looks like eisenstein with wacko hair."
    "This guy looks like the crypto mad scientist"

    The question is, do you believe that shills are paid to comment on Youtube?

  5. As one can tell, Ethereum is a cryptocurrency that is based on blockchain technology. Like Bitcoin, it is a cryptographically signed record of a transaction and store of value. Ethereum was first launched in mid-2015. This means it is still a relatively new technology but it is indeed taking the world by storm. Like Bitcoin, Ethereum is also built on a public blockchain. Think of the blockchain as a public ledger of all the transactions that are taking place. The central idea behind the Ethereum protocol is that of “smart contracts”. It is also a piece of blockchain technology that enables developers to build and deploy decentralized applications. On the Ethereum network, miners work to earn “Ether”. This is also used by application developers to pay for transaction fees on the entire network, and also if invested wisely, it is guaranteed to yield great profits and additional income for the investor, after studying ethereum carefully, i can boldly say that i can give good guidance and tips on how and where to invest and profit good gains from Ethereum, as it is going up more consistently than was expected. [email protected]gmail.com

  6. So with no regulation, how does one dispute payments get refunds and all other issues we have today with banks and all? What security is there?

  7. Great call on Bitcoin. Lol. What a clown. Altucher is a reflection of a helpless society. Gets rich off of others’ misery, and misguided views of what “investing” is. Listen to him, and you’ll go broke.

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