Is It Time to Sell Litecoin? Mike Novogratz Says Yes
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In August he was calling for bitcoin 10K within the next 4 to 6 months. As we are just a stone's throw from that number the show host asked him what his thoughts for were.
Many people consider bitcoin the gold of crypto as it is used as a store of value more than a transactional currency. So that is the comparison often made when coming up with mike novogratz bitcoin cnbc for bitcoin. However he also listed EOS! Bitcoin Like a train without brakes. My favorite analogy is a nuclear reaction. It takes effort to start splitting atoms, but once critical mass is reached, you have to literally contain the reaction to stop it from snowballing into a meltdown.
I see Bitcoin in the same light; the closer it reaches critical mass, the more downward pressure will be required to stop it from skyrocketing into 6 figures, and it will happen fast. Going from to 10, is actually harder than 10, to , because there is more confidence the higher it goes. It will peak at some point, but 10k is probably just base camp for now. Thank you for the link. I had not seen that.
EOS mike novogratz bitcoin cnbc the one thing that I am missing in my portfolio. Yes, next year mike novogratz bitcoin cnbc be real interesting. I just grabbed some EOS a couple weeks ago.
I have more than enough SP, wish Steem performed as well as the other alts. I don't have any BTS may need to grab some. I made a piss ton of cash shorting bank stocks in 08 and 09 when told told me not to.
They can kick rocks as far as I'm mike novogratz bitcoin cnbc, regardless of what they're paid to say. It's really interesting to see such a discussion on CNBC. I was waiting for the cable to be pulled mid broadcast! Yeah, the mainstream media is all over BTC now, which means the real mania has just begun. We have a year of crazy ahead of us: I noticed you mention that in your show yesterday.
Exciting times when you frame it that way A market cap of even half of the gold market would be 10x what we have now. Shows just how much higher we really can go! Call me a "Scaredy-Cat" but lending my bitcoins thru Bitconnect i s too risky for my level. Cryptocurrencies are risky enough in general, yet alone a mike novogratz bitcoin cnbc plan like Bitconnect. Wow, I hope mike novogratz bitcoin cnbc Q1 prediction is right. That would be wild! As for the mike novogratz bitcoin cnbc thing.
Honestly, I put gambling money into it. The same amount of money I'd put on the craps table in Vegas is what I put in bitconnect. Except this time I'm actually winning some money. I've been in it for 3 months and mike novogratz bitcoin cnbc already earned all my money back so free-rolling now: Those who don't are the ones who lose, greed is bad.
Valuation Versus Gold Many people consider bitcoin the gold of crypto as it is used as a store of value more than a transactional currency. Here is the link to the interview Some things I use: All content in this post is my opinion and for informational purposes only. Authors get paid when people like you upvote their post. Sounds good to me! If you decide to do it let me know and I will send you the referral bonus I get.