Bloomberg Technology
Bitcoin Is More Commodity Than Currency, BofA’s Blanch Says
Dec.31 — Francisco Blanch, head of global commodities and derivatives research at Bank of America Securities, says the “flurry” of liquidity is driving the divergence in asset values. He speaks on “Bloomberg Surveillance.”
SAL
December 31, 2020 at 4:38 pm
The supplies of any commodity are only limited by how much time and energy we devote to making more of them. The supply of a commodity is never finite. This is why the term “commodity” is a poor choice of description to bitcoin. Bitcoin is a strictly finite asset with only 21 million bitcoins that will ever exist.
R N
December 31, 2020 at 5:08 pm
Another banker spreading FUD. It won’t be long before his bank will get wiped out by CBDC’s and have no choice but to offer BTC custody solutions to stay relevant
C J
December 31, 2020 at 5:19 pm
What the hell is this guy Blanch talking about. Sounds like a freaking babbling idiot that Is making stuff up on the fly. You could’ve gotten better answers from anyone else on the street.
Metacognition88
December 31, 2020 at 5:22 pm
Jesus is bullish on bitcoin and ethereum and you should be too.
Mark Joshua
December 31, 2020 at 5:24 pm
Absoulete clown.
L N
December 31, 2020 at 5:54 pm
Those who missed out will shame the early adopters who managed to collect a large amount of coins. Yet, in the beginning of its stage the bankers wanted nothing to deal with it
Cassidey Ousley
December 31, 2020 at 6:15 pm
This man is clueless. 90% of Bitcoin is centralized? That is demonstrably false. Its shocking how clueless these banksters are. Here is the proof.
marc williamson
December 31, 2020 at 6:27 pm
This guy has no clue needs to back to Bitcoin school, pure joker
Sasikumar Arasaratnam
December 31, 2020 at 6:37 pm
Wtf are you talking about !!! This guy supposed to be an expert on btc ??
Sasikumar Arasaratnam
December 31, 2020 at 6:42 pm
Here is the answer 1) yes of course institutions are fomoing 2) one of the reason for the current pump is mainly driven by institutions and of course the halving of this year . And good old money printing 🤑🤑🤑🤑
Landon Morris
December 31, 2020 at 6:58 pm
I Have been following your stream for a few weeks now, and am amazed at your analysis, multitasking (in your brain mainly) and truly nice person. About 3 months ago today I bought my very first piece of Bitcoin, unsure of what I was getting into. Well, at that point I had been researching and watching videos about what Crypto is and how can I buy some. I was really excited because I love the thought of investing your money and watching it grow; but I had never been able to find ways to actually do that until I saw on several occasions, Anthony Pompliano and some majority of the videos uploaded on Altcoin Buzz channel made references about Frank Cole who has a superb Strategy to show thousands of investors out there loosing because they lack the knowledge to trade their Bitcoin, they also dropped his contact in the comment section, So I was moved to write him and seek for his help, Gracefully His strategies and instruction has helped me in increasing my portfolio from 2.3BTC to 9btc, Y’all can reach out to him through His * Mail *(Franktrading99@gmail. com)” or telegram @ Franktrading99 for crypto inclined concerns.
Georg Hofbauer
December 31, 2020 at 7:00 pm
Last month i was able to grow my 1BTC into 4.4BTC trading actively with Frank’s daily signals
Melissa Baldwin
December 31, 2020 at 7:00 pm
No regrets, Frank’s daily signal is the best have ever used and i would also assure anyone seeing this to give it a try
Matthew Baker
December 31, 2020 at 7:01 pm
Only a foolish human will buy bitcoin and fold his/her hand waiting for it to appreciate in price, and i was a fool before that was why i lost in the past, thanks to Frank Cole almighty strategy
kelly94maria
December 31, 2020 at 7:01 pm
After a long search for a professional trader with consistency matched with good profit, Mr Frank has proven himself to be one of the best around the world with his amazing trading skills.
Jim D
December 31, 2020 at 6:59 pm
Bloomberg producer: “Hey, get me someone with a great smile who knows next to nothing about bitcoin!”
luter82
December 31, 2020 at 8:35 pm
he only said it’s volatile
J G
December 31, 2020 at 7:31 pm
Bitcoin is and always will be. The way….
Richie Rich
December 31, 2020 at 8:36 pm
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Chinese Czecher
December 31, 2020 at 9:22 pm
Lmao this guy doesn’t know shit
Bt Doe
December 31, 2020 at 9:36 pm
Digital assets. Good for storing wealth AND buying pizza. How great isn’t that!
Brad S
December 31, 2020 at 9:47 pm
We are supposed to take advice from a traditional finance banker about digital assets?? No freak-ing way. The two don’t mix well. One will displace the other
Zenful Sounds
December 31, 2020 at 11:30 pm
Naaaaaaa..indeed BTC is ready for an amazing 2021!! 🙂 Talking about hidden gems instead, I really believe INXT (Internxt) that has just partnered with IBM has x100 potential….it’s a decentralized cloud storage service, high on privacy, has a great working and profitable product out (Drive) with users growing exponentially, and an excellent “transparent” team & community (check their Telegram channel). The token is currently highly undervalued especially considering its tiny (and fixed) coin supply (only 629.000!!)… New products coming out in the next quarter (Send and Photos) and now with their “Earn Program” you can also make 20% a year just for staking INXT!… Research it and be prepared to be amazed!! 🙂
2fer one
December 31, 2020 at 11:31 pm
And fiat currency is more of a novelty than a currency. I’ll go with the commodity then thanks.
Benjamin Lucas
January 1, 2021 at 12:06 am
Bitcoin continued its price rally, ascending to US$28,000 this week, a record high in the cryptocurrency’s 12-year history. Its worth has expanded 215 percent in 2020, making it one of the highest-performing investments on the planet. The price increment is because of more institutional investors, a more modest supply and higher profile in the investment market. In the wake of remaining above US$20,000 on Thursday, investors emptied cash into the cryptocurrency, energizing its transient ascent. Trading couldn’t be simpler when you automate with duplicate trading . Regardless of whether you’re new to trading or too occupied to even consider managing your own trades, or you simply need is to follow the best in the business, duplicate trading could be the appropriate response you’re after. Making profit has been made simple for me with Mr. Derrick Payne’s trading signals . I began trading with exchange signals of a trustworthy expert trader like Mr. Derrick Payne, his amazing system and trading signals has really profited me. my portfolio developed greatly from 2.5btc to 8.3btc in under 6weeks with his exchange signals.He can be reached on his mail (officialderrickpayne@gmail.com) for his assistance in the crypto space.
Henderson Albert
January 1, 2021 at 12:09 am
I ponder on how my retirement experience would generally feel like because I’ve not yet been able to save enough money and according to my spreadsheet I’m 9 years closer to my retirement schedule.
Anders Walker
January 1, 2021 at 12:11 am
@Henderson Albert You can start by investing in bitcoin, it’s one of the most profitable in the market all over the world with no limit to profits and in less than two months you should start saving in a bigger volume.
ibra udinov
January 1, 2021 at 12:14 am
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Raymond Bull
January 1, 2021 at 12:16 am
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Walsh
January 1, 2021 at 12:20 am
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Philip Coutin
January 1, 2021 at 12:14 am
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Mergan Ghappar
January 1, 2021 at 12:15 am
5 to 6 times is what my crypto increases by weekly working with Susan
Nikita D
January 1, 2021 at 12:15 am
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Wesley Fofana
January 1, 2021 at 12:15 am
Contacting her now to guide me on trading. I Checked IAPD site and was able to see that she’s a registered trader.
renth Bob
January 1, 2021 at 12:15 am
Bitcoin to the skies
Liza Koshy
January 1, 2021 at 12:16 am
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Tyler Espitia
January 1, 2021 at 12:33 am
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Arianna Gentile
January 1, 2021 at 1:23 am
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Obianigwe David
January 1, 2021 at 3:04 am
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M T
January 1, 2021 at 5:14 am
How can this guy who doesn’t understand the definition of money is working in a bank?
كيف تصنع للاطفال - سلسلة ندى وزينة
January 1, 2021 at 6:30 am
Bitcoin is bad for the environment. The higher the bitcoin price, the worse it is for the environment as there will be more bitcoin miners. Mining bitcoin consumes electricity equivalent of a 200 million population at the current price of bitcoin $28000. China is the primary source of Bitcoin mining, and the main source of electricity production is coal, which is also very bad for the environment. Please stop buying bitcoin and stop promoting it as this will eventually kill our Earth. Bitcoin is a negative-sum game, so some people win, and others lose. Cryptocurrency exchanges and bitcoin miners make money, and most of the people lose money. Please research the topic and see and
john furr
January 1, 2021 at 2:27 pm
Most bitcoin is mined with reusable energy. Argument has been shot to death at this point.
كيف تصنع للاطفال
January 1, 2021 at 6:30 am
Bitcoin is bad for the environment. The higher the bitcoin price, the worse it is for the environment as there will be more bitcoin miners. Mining bitcoin consumes electricity equivalent of a 200 million population at the current price of bitcoin $28000. China is the primary source of Bitcoin mining, and the main source of electricity production is coal, which is also very bad for the environment. Please stop buying bitcoin and stop promoting it as this will eventually kill our Earth. Bitcoin is a negative-sum game, so some people win, and others lose. Cryptocurrency exchanges and bitcoin miners make money, and most of the people lose money. Please research the topic and see and
COLLEY
January 1, 2021 at 6:30 am
“Currencies are issued by government”….BZZZZTTT wrong answer, try again…
john furr
January 1, 2021 at 2:28 pm
Well let’s see you go purchase something with your bitcoin without first paying capital gains tax on it… to the government that issues your currency.
rekt
January 1, 2021 at 8:30 am
how is this guy so stupid lmfao
Elaine Donna
January 1, 2021 at 10:07 am
Every video you make is very well explained and helps many, I hope you continue to build quality continuity, thank you very much.This is must watch video earn bitcoin. Thanks for sharing this
and I think people needs to know that making profit from bitcoin is as simple as finding what works and sticking to it for as long as it works irrespective of the current market trend which is so sideways right now, the faint hearted may just throw in the towel and probably sell. This of course is a good time for me and its been going on for months now since I heard about Mario and signed up with his trade program. He provides trade signals and within my first month, I had turned in profit of over 3 btc from a meagre 0.13 btc under his instructions and daily signals. This current price position doesn’t make any difference as anytime is good for trading if you know what to do. Mario Torres can be reached via his whatsapp +1 909 340 5868
Stefan Klaus
January 1, 2021 at 10:10 am
Some brokers do not offer truly helpful trading tools such as charts and features for technical analysis to their clients. Experienced traders can get around this by sourcing for these tools elsewhere; inexperienced traders who are new to the market are not as fortunate. This is changing for the better though, as operators mature and become aware of the need for these tools to attract traders but MR Mario Torres understand everything about trading
Cathy Caver
January 1, 2021 at 10:12 am
i tried myself but didn’t work till i contacted Mr MARIO TORRES and I was able to invest with $2000 and got $40000 back, At first I was scared, until I made my first withdrawal, All thanks to an expert trader MR Mario for trading for me
Joans Kaufmann
January 1, 2021 at 10:13 am
I have come across many managers on the internet, all my money i invested with them was lost but i got paid with the last one i meet few weeks ago called Mr Mario Torres I’m debt free, invest $500 to get $7,000 in 7 days
Ryan Long
January 1, 2021 at 11:49 am
Who’s defining a currency? Who says only Corrupt Government s can create a currency? That’s not true, Currency is simply a system in general use in a country and Bitcoin I believe is and fits that.
michaelQ
January 1, 2021 at 11:58 am
A discord trading group with 160k people is doing insane pumps.
Its crazy how much profit people are making, last week they pumped DLT to over 500%!
Tyrone Jeff O'Reilly Ramirez
January 1, 2021 at 12:33 pm
Boomberg
Mabelle Eifert
January 1, 2021 at 1:01 pm
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Cassie Ignacio
January 1, 2021 at 1:08 pm
You can cash out bitcoin or ether on Satoshily exchange – no ID checks.
Darcy Riccio
January 1, 2021 at 1:20 pm
I’m one of the biggest traders on Satoshily my username “Crypto4Ever”
Tobias Konzok
January 1, 2021 at 1:29 pm
You can get in or out of BTC anonymously using Satoshily anon exchange.
Suzette Ritenour
January 1, 2021 at 1:43 pm
Satoshily is offering no-id-required crypto visa cards up to $2500 spend per year, loaded with BTC.
DVgains
January 1, 2021 at 3:55 pm
The guy was completely unprepared, he doesn’t even answer the questions asked and instead just continues to ramble without making any sense
R James
January 1, 2021 at 5:00 pm
Bitcoin and Łitecoin reward halving supply shock accelerating down the track…..🌧….⛷
2012 and 2016 halvings signified the arrival of the exponential 2013 and 2017 price surges.🎄
Indiana J Crypto Buff
January 1, 2021 at 5:30 pm
This guy knows about as much about Bitcoin as he does about hair products.
ivanna moore
January 1, 2021 at 7:38 pm
Bitcoin is a software masterpiece with unique computing codes. Ok, its like a lottery ticket with all winning numbers.
They have to finally learn about the whole crypto eco system in order to comment about its feature.
Ind3lible
January 1, 2021 at 8:06 pm
This guy does not have a clue what he is talking about lol. Said nothing about nothing.
WingsFan 14
January 2, 2021 at 12:07 am
Bank of America is a shitcoin
Top Hat
January 2, 2021 at 5:13 am
I poop on Bitcoin
Lee Abbey
January 2, 2021 at 5:54 am
I went all in seven weeks ago, put in 55,000 of my own money and 150,000 of my dad’s all into GBTC at $24 a share because it was the only way to do it through IRA’s, I will either be a genius or my dad will be living in my backyard. Please God Winklevoss twins be right!!!!
Major REX
January 2, 2021 at 9:30 am
What a lousy answer. Currency doesn’t have to be created by government. Hel even us dollar started by the people.
Bitcoin is a currency made and for the people. Morons like this guy spread misinformation and lies. Invite someone like pomp or andreas antonopoulos who knows what they are talking about.
This was the worst video on bitcoin I seen for a long time.
Adeline Cristopher
January 3, 2021 at 2:31 am
Bitcoin soared to a new record high above $33,000 on Saturday and has tripled in value in the past year. Investors have been attracted to the cryptocurrency as the US dollar has weakened and with the Federal Reserve expected to leave interest rates near zero for several years, well known names are adding to bitcoin’s appeal. Bitcoin BTCUSD, +1.95% should eventually climb to about about $400,000, Scott Minerd, chief investment officer of Guggenheim Investments, said in December while Investors have been attracted to the narrative that the cryptocurrency could act as a store of wealth amid rampant central-bank money printing in the past year to bolster an economic recovery from the coronavirus pandemic. PayPal PYPL recently allowed users on its platform to purchase bitcoin BTCUSD, +1.95%, as well as other sister cryptos like ethereum ETHUSD Bitcoin Cash and Litecoin LTCUSD. Square’s SQ popular Cash App also allows users to buy and sell bitcoins. At the time of this writing, the price is trading at around $32,033.15, which is an increase and with up and down trends in the prices its a must for every investor to have an expert trader who shows and teaches you when to trade and when not, I am lucky to have been in contact with Mr. Burwell Coleman whose daily trade signals have kept me in the crypto business for months now so i will warn you all get yourself a Burwell Coleman trade expert to help you out. You can contact Burwell using gmail (burwellcolemanfinance@gmailcom) or Telegram (burwellcoleman) for more inquiry on crypto trading.
FraLovesVasco
January 3, 2021 at 2:44 am
This is so really amazing
Antonia Griffin
January 3, 2021 at 2:44 am
Yessss!! Bitcoin going up is good for the entire market. My largest holding is also xrp, and I actually root for bitcoin to do well, because history shows xrp lags behind it.
Sea452
January 3, 2021 at 2:45 am
I have tested Burwell Coleman and for sure his strategy top of the trading so what are you still waiting for?
paolo Brambilla
January 3, 2021 at 2:45 am
This is the best i could get on here and am glad i had to trade with his strategy because it has helped me ever since
francesco caputo
January 3, 2021 at 2:47 am
Investing in Crypto now is the best especially with the current state of the market now.
Macaulay Kendra
January 4, 2021 at 1:34 am
I won’t stop testifying for *smithjuli* on telegram, I’m always happy to deal with her 💯✅