'Cryptocurrency is not going away,' says Carlyle's David Rubenstein

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Bitcoin initially climbed Thursday morning, trading as high as $40,700 at one point, before slipping down as low as $38,965. David Rubenstein, co-founder and co-executive chairman of the Carlyle Group, joined “Squawk Box” on Thursday to discuss his thoughts on the crypto market.

Comments

Quintana Luiz says:

B!tcoin’s recent price drawdowns – the percentage decline from peak to trough – shouldn’t come as a surprise for crypt0currency traders used to volatility. But it could present opportunities to buy the dip. The truth is that you can always make more profit from tradn rather than just hodlin and waiting for the price of BTC to skyrocket . Indeed its a tough decision for both old and newbies whose intensions are just to hodl and sell but rather the potentials of tradn Btc would allow you grow your Btc not minding the present price chart and also saving your ass from any future deep that may occur . I started tradn with Mr William Donald since late last year and till date have made over 30 Btc even with the ups and downs since the journey. With William’s help, I no longer have to worry about the rise and dip of B!tcoin , you can easily get to William on :Tele`gram [@Wpdonald1]

James Ossai says:

Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy

Fujisan 808 says:

Wall street loves crypto as an income source.

KingJustice98 says:

IPOs always overvalue themselves. Facebook, Snap, Uber, Lyft I could go on and on. It's because the big banks want to cash in on things they never created, and unfortunately many CEOs let them. They get better prices than retail traders prior to the IPO, it's downright sickening and should be illegal.

Groce Jonathan says:

Mr Ericashton on Telegram is a crypto expert who verse in Bitcoin investment, script and mining with private key, he guide me through my investment and pay out period

Jason Severance says:

can you use bitcoin to pay for gas?
for anything at oh say Wal-Mart?
how bout at any restaurant?
maybe a shopping mall?
theme park?
doctor appt.?
to go see a movie?
to go bowling?
to get an ice cream?
to……..I think you get it.
I would love to know more.

Patrick Sonia says:

Mrs Esther is legit and her method works like magic I keep on earning every single week with her new strategy,…

b4s51j1n says:

Hycon blockchain
sleeping giant 1000x Gem
Go Check it out
It’s huge project by glosfer mega Korean project the original icon !

Ravencroft says:

No, people want something that'll make em rich fast. Crypto is a purely speculative vehicle. Nothing wrong with that.

Sharona Lee says:

Whatever
🙄

kkamizadeh says:

The very fact that these so-called old-hands are touting crypto as a substitute for gold should alarm any retail “investor” in crypto that they are being taken for a ride and that they will be the bag holders.

gi says:

He's chill, articulate and on Point.

My Problem Is That I Think Too Much says:

Nobody can stop crypto and no one should. Fiat currency is a scam. Controlled by a handful of people that print money when they choose to and give it to who they choose to. Enough of the economic Oligarchs. Their days of controlling all our currency are done!!!

ForTheHomies says:

He hit the nail on the head. The market cap is way overvalued on Coinbase just like it is on so many other growth stocks. Need time to consolidate

littlevini says:

Everyone is missing the big picture, Since the world had to lockdown due to a pandemic, prolonged by disinformation about masks and vaccines, caused economic pressure, that required more money be injected into the system. the options were forced inflation or a collapse of the system. the people pushing the anti-inflation messaging are also promoting bitcoin. Bitcoin has the largest concentration of pools in china, but when you look at the node distribution its mostly in US and Europe. if you understand how transaction fee's are handled you'll understand that this is an attack on USD reserve status. Trump – Coronavirus – bitcoin are related. I'll leave you with one Sean Spicer quote when asked about trump calling for covfefe, sean in his press briefing said "the president and a small group of people know what it meant." God bless America and may god protect our troops.

Hussein Al-Khunaizi says:

Remember: We like Coinbase to $475

ja jack says:

Slow and programed

ja jack says:

She seems like a andriod

Joseph Chua says:

I wonder what the true value of bitcoin will be when nobody buys for speculation…

rod Ngou says:

i bet rubenstein is in bitcoin and his getting slaughtered now

Paul Wood says:

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

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