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Should you invest in cryptocurrency? | CNBC Explains

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As bitcoin's price continues to surge towards $5,000, CNBC's Tom Chitty explains whether the rollercoaster ride of cryptocurrencies could make you rich. ----- Subscribe to CNBC International: http://bit.ly/1eiWsDq Like our Facebook page https://www.facebook.com/cnbcinternational Follow us on Instagram @cnbcinternational Follow us on Twitter https://twitter.com/CNBCi Subscribe to our WeChat broadcast CNBC_international
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Text Comments (65)
Naser Shillova (12 days ago)
The gaming background was carefully planned by CNBC to suggest bitcoin and other cryptocurrencies are just a game and not a financial revolution that will disrupt everything we know.
Google User (18 days ago)
http://economicsatblog.blogspot.com/2018/06/sales-of-digital-currency-booms-at-137.html?m=1
Spike Speigel (2 months ago)
one moron says "blockchains more revolutionary than currencies" and other morons pick it up. how do you think decentralization is achieved if not for incentives punishments and rewards built specifically USING those base currencies. blockchain by itself is just a highly inefficient database
KonceptGameMontages (3 months ago)
Nice private key @ 3:03 😂😂
RUPESH KUMAR GUPTA (3 months ago)
Good game !
jkhawaja1 (4 months ago)
this video is full of misinformation, in particular its reporting on the ethereum flash crash. look it up yourself.
Valeria Roz (4 months ago)
Do you invest in any other coins than Bitcoin guys?
Brenade Everest (3 months ago)
To start up crypto currency Mining and how to make good wages on your invested funds contact me via [email protected] and l'll show you how l earn profit over in 3 months and the secret behind it for successful investment.
Gold IRA Rollover Guy (5 months ago)
By now you can probably see that the answer isn’t that simple. It’s not just a matter of should you invest, but also a matter of how to invest. Start by educating yourself. Learn about the currency, what affects it, what are its advantages and disadvantages, etc.We can learn a lot from videos like yours!
Imran Khan (3 months ago)
Have you heard of the $30K 30-Day Challenge? Now Go…http://moneyearning.club
jutubaeh (5 months ago)
1:40 müRkeL -.^
KPOPFANBOYUK (5 months ago)
reminds me of the recent BBC show "so you want to be a bitcoin millionaire" its kind of funny how much MSM has to dumb things down.. this makes me feel happy i will be rich someday if everyone else is this dumb.
nahush shetty (5 months ago)
You are right
Al DeTrolio (5 months ago)
at 1 and a half minutes into the video, the man starts to LIE HIS ASS OFF. Banks NEVER 'increase the value of currency' or 'keep an eye on it' with the idea of 'helping out the little people'. That is a LIE. Banks do one thing only--- they print money (counterfeiting to you and me) and that inflates the currency, causing a decrease in it's purchasing power. Banks STEAL wealth from you, they do not 'watch out for you' or 'increase the value of' money. Next... NO ONE, least of all the banks themselves are ever 'Held Accountable' for this fraud they perpetrate on the people. They steal money legally and call it inflation. No one is ever taken to task for this action that would immediately get any 'normal person' thrown in jail for life if they tried to do the exact same action. Banks are the enemy, not the savior of the monetary system. They are above the law. Next... you claim that bitcoin's price is based solely on what people think it is worth. That is what the current US Dollar is based on. It is a fiat currency. FIAT.... Meaning... it only has value because the bank SAYS SO. Not because of any real, tangible value. Silver for example, has value because it is mined from the ground in limited supply through massive time labor and cost. It is needed to make cell phones, computers, etc... and cannot be replaced with other similar materials. THAT is real value. The US Dollar is a piece of paper. an IOU that says, "I am worth something because the government says I am." So the man in the video is lying to you again for the 3rd time. He wants you to believe that the dollar is different from Bitcoin... it is NOT DIFFERENT. They are both fiat. if something undermines the belief in the dollar it will also free-fall. That is why they prop it up and push down the value of gold with false banking tricks... for that exact reason. They fear that people will lose confidence in it's fake fiat nature. That is a fact. ALL fiat currencies go to zero. Look it up. ALL of them do. Most don't last more than 30-40 years. Ours is due for a crash. It has already lost most of it's value. That is why a pack of smokes is 10 dollars against a 7 dollar minimum wage...vs.... 75 cents a pack 30 years ago with a 5 dollar minimum wage. You lost almost 5 packs of smokes per one hour of labor in the past 30 years without even realizing you were being stolen from. That is the silent scam of the largest theft ever perpetrated on mankind. The scam of INFLATION. This man is attacking Bitcoin but praising the banks and government way of screwing us. Same ole same ole. Then the man lies about Etherium crashing. That crash lasted 5 seconds. look it up. He is using fear to manipulate you. That crash reversed itself immediately and now Etherium is worth 1,200 dollars a coin. This man is a LIAR. Do not trust main stream media. They are a propaganda machine for government lies.
D AE (24 days ago)
You made sense up until the cigarettes. The price of cigarettes Skyrocketed because tobacco was causing cancer and the tobacco companies had to pay for the damage cigarettes were causing and supposedly with the lawsuit people were going to be helped. My aunt died because she smoked cigarettes since she was 13 in the 40’s.. she died in the nineteen nineties she wasn’t given any of that “ lawsuit “ money, but that’s another story.
Al DeTrolio (5 months ago)
btw--- the lies continue at 5 minutes and 30 seconds and get more and more INSANE and RIDICULOUS. I didn't keep proving each and every lie wrong because it got to the point where it was pointless to continue. Do yourself a favor... do your own research. Study Austrian Economics and Free Markets (real economics and freedom) also... study videos about ending the fed, about gold & silver (real money) and also about the explosion of the blockchain technology. Study logical fallacy, study voluntarism, study the trivium learning method. Teach yourself the truth about life, and avoid liars like this con man above. It's sad that people will lie to the whole world just to get a fat paycheck while the rest of us suffer in poverty.
Andy Peterson (5 months ago)
Bitcoin and Ethereum has and is still  making a lot of people "stupid rich"  $10(ten dollars) seven years ago is now worth $7.5 million in bitcoins today.  And $100(hundred dollars) in Ethereum has increased to as high as $66,290 in under two years! The trend is on a daily increase,  worldwide, investors in crypto and digital  currencies are getting rich daily, I personally have invested in bitcoin and Ethereum. And I've collected bigger gains investing these coins than in anything else in my life. For example, I bought bitcoin twice, last year and early this year, 10 coins at $83.40. And 20 more at $128. Today my 20 coins trade nearly 24 times higher . And I also bought Ethereum last November at $9.70... before it rocketed to $355! I was up over 3,500%. But here is the thing nobody is talking about, bitcoin and Ethereum aren't the real success stories anymore. It's the smaller and unpopular new digital currencies that are rewarding investors with the next round of huge wins. For example , I recently obtained 27,000 coins in a tiny new digital currency for just 18.5 cents per coin. Those coins now trade for around $4 each- 1,981% higher. And I invested in another one that's jumped from $1.50 to $10.71. Yet this opportunity is just getting started, today I'll show you the new digital currencies that can turn as little as $10 into over $1million. in the blink of an eye. Yes, that's right. a single crispy $10 bill could make you a millionaire. now for the doubters, not only is it possible, it's actually happening right now, a considerable number of  investors worldwide have seen gains of 75,063% in Cryptonite, 59,577% in InfluxCoin, 60,450% in MaxCoin, and even 823,750% in DubaiCoin! Tiny new digital currencies are offering profits far bigger than bitcoin and much more quickly,  I've personally made over 600% in one digital currency more than 1,981 in a second and over 3,500% in another, and I expect to make a whole lot more. Digital currencies is now one of the online investments where you can start with $10 and turn that into real money fast. CNBC did a story about a high school dropout who bought some bitcoin at $12 and is now a millionaire. also top investors worldwide are going all in on the new digital currencies. Now this is what you guys should know . A new set of  coins are being launched now that could help you turn as little as $10 into over $1 million. I've never seen profit opportunities like this before in any market and at anytime. For example, in one recent week 23 separate digital currencies doubled in value. By comparison, the S&P 500 hasn't seen a single stock double yet this year. But only those who recognize the opportunity right now will see the fast profits. I first got in on Bitcoin at $83.40 and $128... only to watch it soar to over $2,000. But now I've turned my attention to the new digital currencies. For example; I invested in ANTSHARES earlier this year and at the time it was trading for just $1.50 but I watched it climb to $10.71 in less than a month. I invested in tiny new digital currencies of 12 coins and I cashed out 12,000 at $3.50 but still hold the rest... nearly $100,000 in total. There are now dozens of small digital currencies trading for just a few cents that are moving up dramatically over very short periods; like Asch traded for few cents at first but in less than 3 months $100=$,570. NolimitCoin traded for few cents but now $100=5,348 in 6 days. MediterraneanCoin traded for few cents but now $100=8,313 in 3 months, the list is endless, I will stop here so I don't bore you guys, but it is sure worth your time. in case you are interested in venturing into investing in Crypto and Digital Currencies, or perhaps you are trading them but you don't understand what you are doing, feel free to message me through email and I will be sure to guide and assist with any information you may need to invest in  these new and unpopular  crypto and digital currencies that are making waves at the moment. [email protected]
Brenade Everest (3 months ago)
To start up crypto currency Mining and how to make good wages on your invested funds contact me via [email protected] and l'll show you how l earn profit over in 3 months and the secret behind it for successful investment.
Gold IRA Rollover Guy (5 months ago)
In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher.
daniel hill (6 months ago)
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Sean Sewell (6 months ago)
Here is a good read on the topic http://seanasewell.com/cryptocurrency/should-you-invest-into-cryptocurrency
bacon (6 months ago)
"Should you invest in cryptocurrency?" "That's up to you" Fucking thanks, that really helped me make my decision.
Mang Led McGee (6 months ago)
@CNBC keep up the work
Kaloyan Ivanov (7 months ago)
For those of you who are interested Cointed, a well established company is currently having its ICO up and running. The goals are many but an interesting fact about Cointed is that it is on its way of getting its European/Austrian banking license. If you happen to be interested please visit the ICO website. - https://cointedtoken.com/
Nassim D (7 months ago)
Average people don't seem to realize that the only way for Bitfinex to avoid the liability on their books is to do a manipulated crash of BTC and other tokens to 0, or claim another "hack". Well, the first option sounds more tempting as they can magically exponentially grow their income! Bitmex could be used as an intermediary to obtain 100X leverage, that way only some millions of USDT printed become sufficient and not raise many red flag. Beginner investors are told by corrupt special interest people (and those brainwashed) in the internet, TV and other medias: Just buy the dip! Who said their will be any dip?!? $11K to $0 only needs few seconds to happen (remember ETH flash crash to 10 cents, when poor Coinbase paid the price and it's maybe not even their fault..), with all the available trading options available today... I do not advise anyone to go short, bcz again Tether may be trying to take over Wall Street and short real commodities to take it to the next level. Just stay away!! The most unethical thing you can do is try to take advantage and do trades even if you have the best guaranteed insider info from Tether Bitfinex club
Falcon Heavy (7 months ago)
Dislike for selective journalism and lack of research. You only advertise bitcoin because your company is most likely invested in BTC itself, scumbag. Eth is now $450 suck it
Duncan Edward (8 months ago)
There is so much happening in the markets its crazy. Laser have paused payments until the issues with blockchain have been resolved. L.O.P will only get stronger! https://goo.gl/8Gwb9P
Duncan Edward (8 months ago)
There is so much happening in the markets its crazy. Laser have paused payments until the issues with blockchain have been resolved. L.O.P will only get stronger! https://goo.gl/8Gwb9P
Kamal Kishor (8 months ago)
Start of the video-Would you invest in Crytocurrencies? End of the video- Well, it's upto you!
Invest Very Young (8 months ago)
@CNBC International, selective journalism is not ok. If you want to talk about ETH's flash crash, then fully talk about ETH's flash crash. Selective reporting is wrong.
MakeMoneyHobby.com (8 months ago)
Interesting info
Kiritsugu (8 months ago)
Invest in me :) 1BV3Nj91FSNrmEmzvYsMVoCrgt3cLEGs2z
Inaritaro123 (8 months ago)
This video is a joke.
Gowtham V (8 months ago)
What about NEO ?
Mary T (8 months ago)
Make big profits with BTC thru USI-Tech ! Boom ! 🚀
Andrew (8 months ago)
poor reporting inciting fud
heth gada (8 months ago)
https://coinmarketcap.com/currencies/the-champcoin/
Bruce Nelkin LMT (8 months ago)
Some Bitcoin investors Do get a regular profit for instance https://anobrainer.usitech-int.com/ will give a person 1% per day until 140% ROC is obtained in about 6 months of the contract time! ;) between 6 and 7 percent gains per month is better than any stock or fund most people will ever see!
fred brown (8 months ago)
For crytpo currency milling and how to make good wages on your invested funds contact me ([email protected]) and I'll show you how i made over $500 in 3 months and the secrets behind it,
RIDHUAN (8 months ago)
Planning to invest? Try the new ICO Ethconnect now! Similar to BitConnect, this token will go for $0.50 each, hence more tokens! Join my team at: https://ethconnect.net/ref/wannlive
Kristin Manchester (9 months ago)
Lame misinformed video. Shame on CNBC.
Richard Woodman (9 months ago)
Cryptocurrency is the most secure online trading in the world is a life changing platform in online investment. I made $250,000 in my first quarter and 8% and above of my investment on daily basis, to me it is an amazing performance. Invest in BTC and make money today. Richard ([email protected])
Ivaka Maina (9 months ago)
https://hashflare.io/r/42A49331 The best cloud mining cite for mining bitcoin. Thank you #!!!
Cal Hoskins (10 months ago)
URGENT NEWS - STAY AWAY FROM BLOCKCHAIN & COINBASE, THEY SUPPORT MANY SCAM AND FRAUD WEBSITES CURRENTLY UNDER INVESTIGATION, YOUR MONEY WILL NOT BE SAFE WITH THEM. URGENT UPDATE: I POSTED ON THE BLOCKCHAIN FACEBOOK, THEY WHERE SO AFRAID OF THE TRUTH GETTING OUT, THEY BLOCKED ME.
Cal Hoskins (10 months ago)
URGENT WARNING - CEO Giacomo Bugini is A FRAUD AND PRICK – YOU FOOLS, THIS BTCMINER IS 1000% A SCAM, IT’S FRAUD AND A PONZI SCHEME. THEY GET YOU TO UPGRADE, WITH PROMISES OF FASTER PAYOUYS. TAKE YOUR MONEY AND IT IS GONE. SURE I WAS GETTING MY PAYOUTS WITH V1.0, AND v1.1, BUT THEY WHERE VERY SMALL 0.0050000. ONCE I SENT THEM THE REQUIERED 0.54/$2500 TO UPGRADE TO V1.3 GUESS WHAT?, THE PAYOUTS STOPPED. I TRIED TO WITHDRAW .75 AND I NEVER RECEIVED IT. YET IF YOU LOOK AT THEIR BOGUS PAYOUT SCREEN IT WILL SHOW YOU HUNDREDS OF SUPPOSED PAYOUTS IN THE LAST 24 HRS , I SAW ONE THAT WAS FOR 5.5 BTC, I CALL BULLSHIT. IT IS ALL A FAKE AND A SCAM, THEY JUST WANT YOUR MONEY, NO ONE IS GETTING THEIR BTC OR MAKING A PROFIT, THEY WANT YOU TO PAY THEM FOR THE UPGRADES AND THEN NO MORE MINING WITHDRAWS. STAY AWAY FROM THESE SCAMMERS. Note- I CONTACTED HIM ON HIS FACEBOOK, HE THEN REMOVED HIS FACEBOOK. - Giacomo Bugini is the owner of BTCMiner and Startminer and Bitminer as well as many other BTC mining SCAM sites, HE IS CURRENTLY UNDER INVESTIGATION FOR FRAUD AND RUNNING A PONZI SCHEME. All sites he is associated with are SCAMS, PONZI schemes. BEWARE – HE IS ALSO AFFILIATED WITH SITES LIKE COINBASE AND BLOCKCHAIN. STAY AWAY FROM ALL SITES HE IS AFFILIATED WITH!!!
Marc Lacroix (11 months ago)
Your Ethereum comments show your lack of proper research. You lost credibility
?, ?, (6 months ago)
Mang Led McGee OK aantonop , do my own research , like A maniac , got it thanks already opened aantonop now ( Andreas antonopoulos ) thanks
Mang Led McGee (6 months ago)
?, ?, start with aantonop, then just look up “crypto currency” and do your own research like a maniac
?, ?, (6 months ago)
Marc Lacroix Marc can you give me a channel or video were u can get more informed about crypto currencies ?
Jessee Petropoulos (11 months ago)
Bitcoin is not meant to be an investment. It is meant to replace the fraudulent monetary system in place now. This is the one of the dumbest videos I have seen. Screw the federal reserve. Buy bitcoin. Use bitcoin. Get rid of fiat money. The more it is used the more places will accept it.
CryptoGraphIndex (11 months ago)
These people have no idea what they are talking about
littlehawk85 (11 months ago)
As others have said, the Ethereum flash crash lasted for literally seconds and it was confined to a single exchange. I had Eth on that exchange during that crash and it had absolutely no effect. If you want to margin trade this stuff, yeah it's a risk you take (unless exchanges implement circuit breakers of the kind used in stock exchanges, which "pull the plug" in moments of excessive volatility). If you're stupid enough to margin trade positions that would liquidate your entire holdings, you deserve it. But ordinary people who just want to buy it and hold onto it and see the value go up as happened with Bitcoin are completely unaffected by such events. Most people won't even know what a margin position is.
MrGentlemanSr (11 months ago)
This is a very sensationalized video.
GP (11 months ago)
damn i love how behind these people are lmfao!
Imran Khan (3 months ago)
Have you heard of the $30K 30-Day Challenge? Now Go…http://moneyearning.club
Emerson Samfilippo (11 months ago)
I love the casino theme ahaha like it's all just gambling & the ETH flash crash with no mention it recovered the same day. This kind of reporting should be illegal it almost sounds like propaganda to someone who knows better
Emerson Samfilippo (11 months ago)
These are the same people who will tell you everything is fine when our financial system keels over... again lol. Good luck with your failing empire! Broadcast media wont be around for too many more years
Neshio OW (11 months ago)
How can you mention the $0.10 flash crash and not tell it was $0.10 for only a split-second before it went right back up to its former value. and even then, this was caused by a bug in the system of the exchange it was traded on, everyone who lost their Ethereum because they sold during that crash got refunded.
MakeMoneyHobby.com (8 months ago)
Interesting
bornNraised702 (8 months ago)
Neshio OW exactly!! Fake news haha
Sophia (11 months ago)
Absolutely, crypto is definitely volatile! Exciting times, thanks for the reply!
Tom Chitty (11 months ago)
Hi Sophia, Thanks for watching the video and taking the time to comment. You’re right about it being a flash crash (and the price returning to previous levels). We mentioned the crash because it illustrated cryptocurrency's volatility, and that exchanges are still coming to terms with the volume of trades. We'd love to explore every nook and cranny of cryptocurrency (and will continue visiting the topic in the future), but for this five minute piece, we simply wanted to provide a brief overview to investors new to digital currencies. Thanks again for your feedback. I'll keep it in mind moving forward.

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