There’s a ‘big problem brewing’ in the cryptocurrency space: Kevin O'Leary

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#Cryptocurrency #KevinOleary #Crypto
Kevin O’Leary, Shark Tank Investor and Chairman of O’Shares ETFs, joins Yahoo Finance’s Alexis Christoforous to discuss an outlook on cryptocurrency and his take on Biden’s first 100 days in office.

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Comments

Ibrahim Tarlamisi says:

This Kevin obviously doesn't like China. His opinion is that all Chinese companies listed in US should be de-listed. And now this trash about blood coin. He is trying to divide bitcoins

Thomas P says:

Does he think Bitcoins are mined by children in a mine? Lol

Get your facts straight: you’re the only one talking about bloodcoins, those coins mined in China are mostly from the same province where green energy is prevalent (miners also need to turn a profit and can do so with renewables), a BTC from China or t
the US is the same.

Dave Harrison says:

18 out of 21 million Bitcoin already mined. The miners secure the system. There's a cost to securing any financial system.

Isabel Warren says:

A bea?ish twin peak on Awesome Oscillator saw it move below the half-line as X'R'P tested $1.42-support. The hourly timeframe painted a slightly different picture, as the AO recorded some bullish momentum as opposed to the 4-hourtimeframe. Over the coming sessions, the present support line must be observed as a breakdown could push X'R'P all the way towards $1.30 before buyers step in. RSI was in bearish territory as well and a move towards the lower zone would lead to a breakdown on the charts. If the current support is maintained, a bullish comeback above $1.65 was a possibility. But there are various indicators indicating better days ahead for the alt and am not sitting back idly to watch the crypto market in this bull run either I will keep trding and accumulating more crypt0 assets in my portfol!o like I have always done with Mr. Burwell Coleman’s accurate trade signals. Through mirroring his tra de s!gnals in my trades my portfol!o has increased to slightly over 16 🅱️' 🆃' 🅲' . Mr Burwell is a pro trader, financial advisor, and author and I must say his trade courses have been of immense help especially his risk management courses on how to minimize losses while tradving. He comes in highly recommended especially for the newbies who lack understanding on how tradv!ng crypt0s works and can be reached on 𝕿ℯℓℯ𝕘𝕣𝓪ℳ {@burwellcoleman} and 🄶🄼🄰🄸🄻 {burwellcolemanfinance@gmailcom} for any crypto inclined inquiries.

schubi128 says:

The dirty energy for bitcoin mining in China is not that much of a problem. A lot of these rumors are unsubstantiated propaganda and people are falling for it.
Of course we in the west should push our own mining, ideally with renewable energy (or even Nuclear Energy), but not to supposedly save pollution in China but in order to draw more mining power out of china because the CCP might use the Chinese Mining Power and the bitcoin as a weapon against the West.

Lorenzo Taylor says:

Cardano solves the problem he speaks of with steaking! Uses way less energy that’s why it’s a 3rd generation crypto. No one has patience

Shane says:

I'm about to cut my loses on stocks and go all in crypto. No more stupid politics and hedge fund drama

Mattias Smedstad says:

There is an option to bloodcoin, it's called Chia (XCH)

The Alley says:

EWT energy web token supplying green energy to btc miners. I think tesla will be moving in to it for PR purposes.

The Alley says:

what a load of BS institutions dont like Chinese mined coins. They are interested in profits.

Gyzeht Delgado says:

69 guys!!!!!!

AdventureSam says:

CARDANO🚀🚀🚀

Don Possum says:

Ok boomer ..

Ismayil Arifoglu says:

And now, back to nursing home.

Allison Edwards says:

These people like Warren Buffet and Kevin o Leary, are trying to save their money by "secretly" putting it into crypto. They're just mad that working class people have the price of cryptos like doge, skyrocketing faster than they intended, because the rich wanted to buy a massive amount of coins cheap, so they can make a huge profit selling later.

That's why they're going around to the media telling everyone how bad crypto is🙄. They want working class people to be scared away from crypto so the price remains in a certain range, giving the rich time to move their assets from the crumbling stock market. They don't want us to gain wealth. They want only themselves to attain wealth so they can remain the 1%. It's disgusting.

Thomas Anderson says:

Apple made in China: ok.
late to the Bitcoin party: China Bitcoin bad.

Janae's Town says:

Yup ALGO ETH DNT LTC

ACTS 29 TODAY says:

Blood diamonds

All The World's A Stage says:

I wonder if there is a bit of self interest here. Nah

Pubbets! says:

O’Leary will shill just about any 2-bit company or ponzi scam that pays him.

John Philip says:

Heard of Proof of Stake?

Jose oviedo says:

Did you know you are a sinner, but the is hope

Romans 3:23
23 for all have sinned and fall short of the glory of God,

1 John 1:8
8 If we say that we have no sin, we deceive ourselves, and the truth is not in us.

1 Corinthians 6:9-11
9 Do you not know that the unrighteous will not inherit the kingdom of God? Do not be deceived. Neither fornicators, nor idolaters, nor adulterers, nor homosexuals, nor sodomites, 10 nor thieves, nor covetous, nor drunkards, nor revilers, nor extortioners will inherit the kingdom of God.

John 3:3
3 Jesus answered and said to him, “Most assuredly, I say to you, unless one is born again, he cannot see the kingdom of God.”

John 14:6
6 Jesus said to him, “I am the way, the truth, and the life. No one comes to the Father except through Me.

Acts 2:38
38 Then Peter said to them, Repent, and let every one of you be baptized in the name of Jesus Christ for the remission of sins; and you shall receive the gift of the Holy Spirit.

Ephesians 2:8-9
8 For by grace you have been saved through faith, and that not of yourselves; it is the gift of God, 9 not of works, lest anyone should boast.

John 3:16
16 For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life.

Romans 10:9
9 that if you confess with your mouth the Lord Jesus and believe in your heart that God has raised Him from the dead, you will be saved.

1 Corinthians 15:3-7
3 For I delivered to you first of all that which I also received: that Christ died for our sins according to the Scriptures, 4 and that He was buried, and that He rose again the third day according to the Scriptures, 5 and that He was seen by Cephas, then by the twelve. 6 After that He was seen by over five hundred brethren at once, of whom the greater part remain to the present, but some have fallen asleep. 7 After that He was seen by James, then by all the apostles.

John 3:36
36 He who believes in the Son has everlasting life; and he who does not believe the Son shall not see life, but the wrath of God abides on him.”

Matthew 13:9
9 He who has ears to hear, let him hear!”

Michael 534 says:

Proof of Stake here we come…

Gnomezonbacon says:

Solar crypto mining in Nevada. You're literally using the sun to grow money. Photosynthetic money. Money doesn't grow on trees. It grows in server farms. And there's no such thing as a rainy day in Nevada.

Gnomezonbacon says:

the part you're looking for is 5:00

Raging Monk says:

Really? Cruise ships said the are going to be open for business soon. Air travel has expanded and will continue to. Vegas said it will be back to 60% capacity in casinos next month. In short oil will surge again.

Only thing he said that was useful is that the crypto ponzi scheme is about to roll over. This is what they do, dump their crypto holdings then hold the investor meeting where they discuss "blood coins" see what he did there? Demonize the currency you just sold off and do it openly on a widely viewed media platform. Drive the value of that coin down using the media and once it hits bottom, buy a ton of it. Then use those same platforms to hype the coin again raising its value.

At least he warned you that it is coming.

Jake Riffle says:

Yahoo finance is for yahoos.

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