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In The Battle Between Bitcoin And Bitcoin Cash, Fundstrat's Tom Lee Says "Buy Bitcoin" | CNBC

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Tom Lee, Fundstrat Global Advisors, discusses why he prefers bitcoin over its alternate bitcoin cash. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC In The Battle Between Bitcoin And Bitcoin Cash, Fundstrat's Tom Lee Says "Buy Bitcoin" | CNBC
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Text Comments (175)
careless (4 days ago)
dont buy bitcoin.
Thomas Scott (1 month ago)
Its very annoying for me to watch these ignorant geedy paid puppet s who pretend to be informative these people are useless garbage with no shame in their crappy as game and playing favorites with bcash is no way to educate new investors.
SUK MIKE HOK l (2 months ago)
tom lee looks liek a scam artist ,like at his eyes and body language ,beware
Just Games For Me (2 months ago)
Love it...
Nelly Tone (2 months ago)
Omg she doesn’t even know what a hardfork is ... Jesus
dragon sniper (1 month ago)
Nelly Tone ur sister surely knows what a Harddick is
Zach Snyder (2 months ago)
Light coin is ur best option or even ethereum buy the technology
Ken Samuel Go (2 months ago)
Cardano
Peter Meissnitzer (2 months ago)
“This is bigger than the internet. It’s BIGGER than the Iron Age, the Renaissance. It’s BIGGER than the Industrial Revolution. This affects the entire world and it’s going to be affected in a faster and more prevalent way than you ever imagined.” Tim Draper.
justice4germans (2 months ago)
"buy the laggard"
Will Mac (2 months ago)
f' Bitcoin FakeNews Cash!
alvin trieu (2 months ago)
These guys on CNBC have no idea what they are talking about.....
Larry Miller (2 months ago)
HOLD'ling Ontology!
LampOfMagic (2 months ago)
🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙🌙 to the moooooooooooooooooooon
Monsur Ahmed (2 months ago)
WOW! do these people have a clue?
nino L (2 months ago)
General Lee
J C (2 months ago)
Bcash Bcash Bcash Bcash Bcash Bcash
Mr-_-TaSs0 denili (2 months ago)
Hei gente che aspetate Volete duplicare i vostri bicoin allora inviate a questo indirizzo: 1DhRddDoeLSy5JjcwhMEuiAYoQj8EpN3At poi mandate un email con il vostro indirizzo bitcoin a [email protected] con la somma che avete spedito (mi raccomando che sia scritta precisa penna il non invio di bitcoin)Non ci sono limiti di invio ne minimo ne massimo
Ryan McAlister (2 months ago)
She is so fanny sort of how funny my grandfathers jokes are (lame)
Sanjay Balu (2 months ago)
Ya'll don't know what a hard fork is? FOH
MrRoniGaming (2 months ago)
CNBC Anchor "Hard fork - When you have to increase the amount of computing power, that is added to..." I dont think thats it buddy.
TrichsRUs (2 months ago)
Do any of them own a single satoshi??.
Nicholas Manning (2 months ago)
He’s a global elite puppet as are CNBC. Wanna make money?....do the opposite
playah (2 months ago)
DGB , AE , STEEM, BTS , POWR, NEM
Nicholas Manning (2 months ago)
playah EOS. Ripple digibyte. Fxxk the puppets
playah (2 months ago)
So just hodl ?
Nicholas Manning (2 months ago)
Warren Buffoon .....and.jamie.demond isn't a lying thieving crook .
Warren Buffoon (2 months ago)
You left out that the earth is flat.
Kevin Smith (2 months ago)
Bread BRD # BTC
Vince Zhou (2 months ago)
For people who supports Bitcoin cash, did you guys really look into what it is? This coin has no chance with mass adoption, is super slow and is nothing but a scam. Lightning network doesn't support it. This is a coin that was created to be pump and dump.
playah (2 months ago)
Yeah thank God I sold it at $300
noddy uk (2 months ago)
>>>>> so a hardfork is when you have to increase the computing power that is added to create a..... Potato "10/10 - this is why i love the news"
Impala Crypto (2 months ago)
https://youtu.be/4Oa7PShQLpY
TopDawgVEV0 (2 months ago)
Bcash scammers
BackToTech (2 months ago)
They will soon learn the truth
sciflyer67 (2 months ago)
Tron....Haha Why not Verge too? Ha Throw in some Ripple. CNBC is a shill for Ripple.
Conor Flaherty (2 months ago)
If cringe was a crypto it would've pumped and mooned during this. SMH.
Thriller Crypto (2 months ago)
It’s awesome when we know more than mainstream news 🤣🤣
Pre Hab (2 months ago)
such crypto idiots.... mainstream media really sucks.... shame shame shame
jram0001 (2 months ago)
Bcash will fail in the near future because they don’t have any security and they are not adapting to the new tecnology,
Abdi Hussein (2 months ago)
They missed that the guy they're interviewing is Satoshi himself 😂😂😂
Great Gazoo (2 months ago)
BCash is CRAP. A cut and paste Frankenstein Coin that WILL FAIL!!
Great Gazoo (2 months ago)
Roger is Bitcoin Hillary!
BCHIN (2 months ago)
Great Gazoo You're thinking of Litecoin.
maxjoey sirrock (2 months ago)
tom lee thank you but maybe some people on CNBC should go back to school
Mike Garrison (2 months ago)
Funny, they don't see the legitimacy of crypto until Goldman Sachs decided to jump in. Talk about the tail wagging the dog. How long did GS badmouth cryto?
Verdelufe (2 months ago)
Pumpers trying to get better rates on CNBC. Bitcoin has proved that is good for nothing.
btc_real (2 months ago)
BCH all the way
Chris C (2 months ago)
The usual suspects.
genesisblock (2 months ago)
the women are useless 😂
The Moon (2 months ago)
There is only one Bitcoin 🌙
Cla Rindl (1 month ago)
The Moon hear hear
Rocky N (2 months ago)
Everything can be replaced, even you
David Parker (2 months ago)
BTC to the 🌙
Peter Meissnitzer (2 months ago)
Correct the rest are all copy cats and will fail MISERABLY , do NOT be fooled by these wanabees.
hector andrade (2 months ago)
uh oh.. we got a Roger Ver puppet up in here
Mike Oxlong (2 months ago)
Yes. buy bitcoin because the people who dont even understand what a hardfork is told you to
Digibyte Jack (2 months ago)
As a currency Digibyte is far superior to all coins and this year that will be realised.
Digibyte Jack (2 months ago)
Habeev07 😂 I have them too but Digibyte beats them in all use cases. Worth taking a look at Digibyte if you get a minute. Digibyte = rapid transactions, virtually no fees - 0.0001 of a cent, decentralised, 560 TPS rising to 2000 TPS by 2020 and eventually 280K TPS so no need for lightning network and 5 times more secure than bitcoin. Also great tech - Digi-ID has just been released which will change the way we sign in.. No need to remember usernames and passwords. It’s a really exciting project that has been around since 2014 so not a scam ico. I wouldn’t let it pass you by. All the best. 👍😊
Habeev07 (2 months ago)
lol digimon coin. BTC, LTC, AND ETH are the big 3 FOREVER
Digibyte Jack (2 months ago)
nEOs1255 ooooh... you mean to papa.. papa sad. 😩😢🤮. Wait a minute... 🌈🌈🍀🍀🍀✨✨✨💫💫💫🚁🚁🚁🌟🌟🌟 yay!! Papa got over that sadness. Papa feel good again!! 🌈🌈🌈🌈🌈🌈🌈🌈🌈🌈👨🏻‍🏭👨🏻‍🏭👨🏻‍🏭👨🏻‍🏭👨🏻‍🏭🍄🍄🍄🍄🍻🍻🍻🍻🍀🍀🍀💩👻👻👻 yippee! 🦊
nEOs1255 (2 months ago)
The Unpracticed Eruptions shut up
Gabriel Tan (2 months ago)
goddamnit cnbc, at least get your anchors educated before talking about it
CrypDography (2 months ago)
The way he says Binance.
SPACER MONKEY (2 months ago)
Lol
Calem Smith (2 months ago)
It's a protocol upgrade you morons............ lol... They can't tell forks from spoons let alone what we have ready for the masses...
Calem Smith (2 months ago)
Bitcoin Core can't be used by merchants so good luck with adoption.
Calem Smith (2 months ago)
chris andre more than enough places with the liquidity for me to live in BCH BitcoinCash bCash whatever name you want to call it. Bch behaves like btc before the corp kiddies sold out our project.
chris andre (2 months ago)
Shitcoin trash is accepted where exactly
Calem Smith (2 months ago)
It's ok. They're just bumping the view count....
Calem Smith (2 months ago)
Every day people running businesses would just rather use paypal then deal with all that crap...
Calem Smith (2 months ago)
You're correct. We're doing this to prove a point. We don't need segwit or the LN to have instant transactions and nigh non existant fee's on the original codebase. Which is now Bitcoin Cash.
Nviaz (2 months ago)
hahahha there is only ONE Bitcoin and that is the one called "Bitcoin" everything else is Altcoins
Calem Smith (2 months ago)
It's a shame but btc is now in the alt basket. Welcome to crypto 2.0
Digibyte Jack (2 months ago)
Nviaz yep, and the best and most complimentary altcoin to bitcoin is Digibyte but we all already know that so apologies for stating the obvious.
Kiwi AustEcon (2 months ago)
Trust CNBC to bash on BCH. The quintessential establishment.
Raging Potato (2 months ago)
EOS hello!!!!??
giftofnothing (2 months ago)
Is “burned” the new term for the rich?
T F (2 months ago)
Don t get burned with EOS
giftofnothing (2 months ago)
YYYYEEEESSSSS keep up the FUD!!!! Ma ha ah ahhhhh hahahaha 👩🏾‍🚀
R.P (2 months ago)
Raging Potato EOS sucks keep putting money in garbage
Jeffrey Clarke (2 months ago)
So we need a computer to buy milk? I'm not buying this. This bitcoin just facilitates slavery. I'm not a fan.
MrB1923 (2 months ago)
Try doing some research. I have a feeling that may not even help.
Christo (2 months ago)
im on route to pay off all my debt after ebtering with 70 dollars.. should hit freedom point in about 4 months. just get in with an amount you dont mind losing. you will find you learn a ton of other skills and things just from being in the space.
Digibyte Jack (2 months ago)
It actually does the opposite of facilitating slavery. We are currently slave’s to fiat and hyper inflation. This is your chance to turn your back on a dying and completely outdated monetary system.
ICO Launcher (2 months ago)
Create own cryptocurrency. Launch an ICO ico-launcher.com
Philip Leach (2 months ago)
Good on ya Tom for talking to these guys . I bet there gutted they never invested In cryptoes when they knew about it years ago .
Reclaim your Health (2 months ago)
Shows how uneducated they are in cryptos poor Tom Lee
Robert Klaassen (2 months ago)
In my opinion, cryptocurrencies could bring total chaos to our global economy. Having a stable and balanced financial system is so important and especially from a products and services type perspective.
Tanner Gray (2 months ago)
One dollar does not equal one dollar because of money printing. Currency is truly measured as a percentage not a nominal figure. With the dollar, that percentage is always declining
Philip Leach (2 months ago)
Clearly your not a saver . The banks have totally f....d over the hard working saver and encouraged the lazy borrowers who spend $$ on useless crap . Where’s the sence in that ??
Christo (2 months ago)
thats just because we match it to dollar.. if btc wins then one btc is always worth one btc.. just like one dollar is worth one dollar right now
Meta Vinci (2 months ago)
You prefer a handful of bankers to decide when to print money over a decentralized currency that's driven by mostly real market factors - even though BTC is wildly manipulated by big money -- it's a fixed roll out of circulation and can not be devalued by that central authority that often does what's best for their bottom line.
R.P (2 months ago)
Robert Klaassen banks are a debt based system. Wtf are you saying
Deecat88 (2 months ago)
One smart guy Vs a bunch of morons.
TheApnean (2 months ago)
I think this guy may be a shill in sheeple clothing
TheApnean (2 months ago)
Time will tell all.
MrB1923 (2 months ago)
He's CLEARLY more intelligent than you.
anthony villegas (2 months ago)
Wanchain will be so big in the future. Best alt!
Niels k (2 months ago)
I think u network is also a good one
BluGyal (2 months ago)
nah
Niels k (2 months ago)
zil
Sean Kennedy (2 months ago)
these guys are so scared of what they don't know anything about they remind me of bullies in school we will be laughing all the way to the bank
Gregory Jensen (2 months ago)
Meanwhile...........EOS.
Philip Leach (2 months ago)
Christo going to be a fantastic ride !! Hold on to your hat
Christo (2 months ago)
im scared we hit the top lol.. but logic says it can still go up a lot. hope it dethrones bcash and ripple.
giftofnothing (2 months ago)
Keep accumulating!!!! The news will hip to EOS when mainnet launches ... which will of course be too late. Tho it will continue to go parabolic.
Philip Leach (2 months ago)
Gregory Jensen yip no clue , no one seems to talk about blockchain tech
Russell Spears (2 months ago)
I think everyone is having problems understanding that #BitcoinCash is an existential threat to all crypto! Because, If Bcash wins then we all lose because Bitcoin will have absolutely no value.... as countless others will follow the Roger Ver's road map as an example. I sold all of my Btrash... it is worthless if the mass of idiots can confuse it with Bitcoin.
Miles Broughton (2 months ago)
its like explaining someone how email works for the first time..
William (2 months ago)
Charlie lees brother the little dicked moron
Geaux Crypto (2 months ago)
Good guy Tommy says Bitcoin > BCash. Get this guy a raise.
CryptoSignals.Software (2 months ago)
CryptoSignals.Software Predicts the Market.
Mirza Uwais (2 months ago)
I think the Bitcoin created to protect the US Dollar or US Economy...! The Euro created by UK, their union when Iraq war started. If any future war comes they may follow same against US Dollars 💵, that’s why Bitcoin important! I red B.Gates article in CNN that US may need a new currency. So US know technology & digital currency may required in future...! If we keep Hard note the people could harm to steal, when the currency used in hidden tech that all people can’t access on it, the user only has it. most transactions doing to pay for a goods or services. So use electronic or digital tech to pay off it. The bad think is Hackers..., to avoid it stop or cut International net connection if any emergencies. Once stop the net every transaction will stopped, no physical fact...the digital currency will rotate here and their, fill human needs...Hard note may be not use in future...😂😂😷
Ted Hendricks (2 months ago)
An Asian nerd who lacks charisma and swallows his own spits to avoid spraying the panel cannot be trusted. He used to be brought up to CNBC by this Asian girl who turned fat but now others are inviting him to avoid the appearance of bias. I trust Peter Schiff and Peter says the space is going to zero, then it is going to zero. Don't trust this Asian scum.
Ted Hendricks (1 month ago)
Trust Peter Schiff
playah (2 months ago)
"An Asian nerd who lacks charisma and swallows his own spits to avoid spraying the panel " I trust him more than you just because of these qualities .
Christo (2 months ago)
it might not take over as normal currency(doubt that). but smart contract platforms will remain forever. it allows things that were never before possible. money becomes programmable and intelligent. the possibilities of this is endless. therefore the space cannot go to zero. the technology is just TOO GOOD to ignore
CoinHeads (2 months ago)
Peter might start his own coin
PerfectorZY (2 months ago)
They don’t even know what a hardfork is. Run.
Brandon Staab (1 month ago)
PerfectorZY just report is for "spam or misleading" and move on with your life. You can't fix stupid.
snuggle (2 months ago)
Should I sell before the hardfork?
Upgrade (2 months ago)
asteroid mining using galactrum
Darren B (2 months ago)
Chris McCaulley precious metals will soon be mined from Asteroids, RUN
exotica0 (2 months ago)
Hey Chris, got any cheap Bitcoin to sell me......?
Martin Shkreli (2 months ago)
tom lee next time you are interviewed learn to keep your head straight.
Tim C (2 months ago)
Martin Shkreli If your brain was that heavy your head would lean too
Joe Wicker (2 months ago)
Martin Shkreli lol
Barrett L (2 months ago)
Atta boy, Tommy.
Marek Kolenda (2 months ago)
Bitcoin gone gets 10,000$ pick then go drop agien.
nEOs1255 (2 months ago)
Marek Kolenda when bitcoin goes over 10k dollars it will break 12K consecutively
The anointed one (2 months ago)
buy babb(bax)
Ghost Mind (2 months ago)
Ontology!
BluGyal (2 months ago)
Excellent project
Bill Reddington (2 months ago)
Same here. My company recently brought it up in a meeting. I bought some just from that alone haha. Glad I did when I look at the price now!
Crypto Rocko (2 months ago)
ontology is one of my favs as well although taken some profit still bullish on it!
CaliCoins 28 (2 months ago)
Bitcoin regular, how disrespectful lmfao 😂
Bruce Campbell (2 months ago)
Right! Lmao this is too funny

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The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.