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Bitcoin Shortage Driving Rally Above $19K, Says Pantera CEO

Nov.24 — Dan Morehead, chief executive officer and co-chief investment officer at Pantera Capital, discusses the rising price of cryptocurrencies on “Bloomberg Technology.”

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Nov.24 — Dan Morehead, chief executive officer and co-chief investment officer at Pantera Capital, discusses the rising price of cryptocurrencies on “Bloomberg Technology.”

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52 Comments

52 Comments

  1. ABSOLUTELY COMPLETELY ANTIFA

    November 24, 2020 at 11:41 pm

    #TULIPMANIA🤔
    😷🌎

    • Henry Law

      November 25, 2020 at 12:40 am

      You’re one of those tulips.

    • HowboutThese

      November 25, 2020 at 12:40 am

      Enjoy being #poor

    • ABSOLUTELY COMPLETELY ANTIFA

      November 25, 2020 at 1:11 am

      IM #SURE NOW….🤔

    • runningrock124

      November 25, 2020 at 1:25 am

      i always laugh my ass off when ppl say tulips in response to btc
      it shows they have no idea what the tulip “bubble” really was, nor what btc is/represents
      it also shows that within one sentence they are morons

    • Soilent

      November 25, 2020 at 1:27 am

      You absolutely, completely, 100% have no idea what you’re talking about.

  2. AngelaTiffany Rogers

    November 24, 2020 at 11:46 pm

    “Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.” Meanwhile I’m mocked for losing my job due to covid and now facing homelessness with my kids. Nowhere to turn. No help. I’m searching for work nothing yet. I have nowhere to turn. My state is backed up in getting aid out to the ppl. If anyone may help my c@5h app is my YT name thank you and God bless.

    • Alrachid

      November 25, 2020 at 12:54 am

      Use your internet connection and learn how to make money using the internet. Its not easy, but if you want to figure it out then you can do it.

  3. Matt

    November 25, 2020 at 12:09 am

    RIPPLE XRP and STELLAR LUMENS XLM are the best cryptos to get huge gains!!!

    • Jaaa Beee

      November 25, 2020 at 12:43 am

      Xrp went wild last night.

    • James Friedman

      November 25, 2020 at 12:44 am

      Eth link dot

    • Hobo

      November 25, 2020 at 1:02 am

      Yeah, jump in now and join the dumb money team…

    • Jaaa Beee

      November 25, 2020 at 1:08 am

      @Hobo there’s always that one person. I bet you’re a blast at parties.

    • runningrock124

      November 25, 2020 at 1:24 am

      @James Friedman that my literal long term hodl portfolio almost
      btc eth link
      i trade/scalp dot and ada on the weekly/monthly timeframes.

  4. Sabrina Rice

    November 25, 2020 at 12:27 am

    Bitcoin would need to increase by around 500% from the current cost to outperform $100,000. At that value point, the market capitalisation of BTC would approach $2 trillion, or generally equivalent to Apple, the world’s most significant company. The pattern of the bitcoin cost has been on major bullish in the past few months and will proceed toward that path which is the reason you should utilise the services of specialists to help guide you through making large returns from the continuous bullish run. For me I use Anthony Anderson assistance, he can be reached on teIegram@coach_anderson1 and wh@tspp@+44 786 754 8743 , he has helped me grow tremendously

    • nix da

      November 25, 2020 at 12:28 am

      I’ve been using Coach Anderson’s strategy for months now. He is a genius

    • William Mckearney

      November 25, 2020 at 12:28 am

      Bitcoin is the future.

    • Alex Decker

      November 25, 2020 at 12:28 am

      for every crypto enthusiast, trader, and investor, remember not to panic. The world hasn’t seen an asset like BITCOIN, and may not even see it again in the near future. The thing to remember is that all it takes to reverse a trend is a big daily green candle. We are privileged to be there early enough, even if some may think it’s a late entry.

    • Joseph Morrow

      November 25, 2020 at 12:29 am

      This is something that we will look back at in 20 years and laugh at, sad that old people always underestimate technology and progress.

    • MissLov3tt

      November 25, 2020 at 12:29 am

      What a coincidence. I use Coach Anderson’s scheme in my daily tradeş and I’m accumulating my profits

  5. Roma Tadaser

    November 25, 2020 at 12:31 am

    0:44
    activedating4.online

  6. Ernesto Gonzalez

    November 25, 2020 at 12:33 am

  7. Austin W

    November 25, 2020 at 12:43 am

    It’s not possible to have a bitcoin shortage. This guy saying SL is just saying that so people fomo in and keep pushing BTC up while he can sell some off.

    • Cryptos Anonymous

      November 25, 2020 at 1:11 am

      I hope your trolling. There’s only 21,000,000 bitcoin that will ever be made. There’s 40+ millionaires in the world. There isn’t enough bitcoin for every millionaire to own HALF a bitcoin.

    • Kitten dKat

      November 25, 2020 at 1:16 am

      There are, and only ever will be, 21 million bitcoins on the face of the earth. To date 18 million of them are in circulation, with companies in a frenzy acquiring them daily by the thousands, with no signs of stopping. At this rate, with the available supply dwindling faster than new supply can be released into circulation, the price is bound for a steep spike in the near future.

    • Kyle G

      November 25, 2020 at 1:20 am

      It is possible for a Bitcoin shortage as there will only ever be 21 million produced. It’s an appreciating asset that will make you a ton of money if you buy and hold, no point selling off.

    • Work Group

      November 25, 2020 at 1:23 am

      @Cryptos Anonymous who are you talking too? 5 btc is nothing for the average person.. people have more than that in cold storage!! Unless you can hack but than again.. FED will after your ass!! work by investing the right position.. not by short sell…

    • Kyle G

      November 25, 2020 at 1:23 am

      Also it’s better to not talk if you don’t research and understand Austin W. Come talk after you’ve researched rather than spewing a rhetoric of lies from a bias. 21 million can be mined max. The demand is way way outweighing the current supply. Paypal is currently buying 70% of mines BTC and is extending their services.

  8. Nicola Rakic

    November 25, 2020 at 12:46 am

    Buy Altcoins

    • SAL

      November 25, 2020 at 1:08 am

      Don’t. The vast majority of altcoins are scams or loser projects. If you are new to crypto, stick with bitcoin.

    • Nicola Rakic

      November 25, 2020 at 1:29 am

      @SAL no Bro i’m not new to Crypto, it’s a shame I didn’t buy BTC in 2009 😭🤷🏻‍♂️ but i bought the best altcoins in 2017 👌 HODL to get rich 🤞🤞🤞🍀

  9. Life in Beaumont, California

    November 25, 2020 at 12:48 am

    —. Dogecoin and ETC Screaming up 😳😳😳🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀. Buy buy buy

  10. Matt Robinson

    November 25, 2020 at 12:49 am

    Go long!

  11. RayCPhoto

    November 25, 2020 at 12:57 am

    CMON now! at 200% compounded every year it will be worth $4.6M in 5 years! LOL pretty ridiculous, but I hope he’s right!

  12. Kevin Fernandes

    November 25, 2020 at 1:01 am

    Bitcoin was definitely a store a value during the crisis, nothing changes fundamentally. Volatility is a function of emotion not the network

  13. Kevin Fernandes

    November 25, 2020 at 1:01 am

    50 k is a target for March – May

  14. Luuee Janice

    November 25, 2020 at 1:02 am

    Bitcoin is going to 🎑 moon 🌚🌚🌚

  15. typelogin

    November 25, 2020 at 1:02 am

    “the rest of the industry is even doing better than bitcoin” bitcoin is being used, it has a larger market cap than all other cryptos combined and has more volume than the top 20 cryptos (excluding itself) combined

  16. Thu Nguyen

    November 25, 2020 at 1:05 am

    there will ever only be 21M Bitcoin! it is never possible for everyone to own 0.1BTC!

    • Maurice S.

      November 25, 2020 at 1:16 am

      That’s not how money works. Look how the current money system is balanced. You have hotspots who have the most money and you have the poor one with little to no money.

  17. Brayden Watts

    November 25, 2020 at 1:12 am

    Buy it, if you sell it someone else buys it and thats 1 less you can ever own

  18. ND

    November 25, 2020 at 1:16 am

    Well my ETH is up 300% yoy, LTC is up 100% yoy, XMR 175%… how do you explain that?

    • runningrock124

      November 25, 2020 at 1:23 am

      more buyers than sellers.

    • En Usko

      November 25, 2020 at 1:30 am

      XRP is mooning too

  19. Bernatha Brondiva

    November 25, 2020 at 1:17 am

    Shortage gap become bigger.. please leave some BTC fraction for retailer

  20. Huston Derek

    November 25, 2020 at 1:20 am

    Bitcoin is exploding higher despite fears that it would see a strong drawdown toward the $14,000-15,000 region. The coin currently trad:es for $19,477, which is highest point so far in the last 2 year. This makes it 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 Harry Baden since late last year and till date I have made over 14 Btc even with the ups and downs since the journey. With Harry’s help I no longer have to worry about the rise and dip of Bitcoin, you can easily get to Harry on TeIe gram (HarryBaden) for crypto related issue.

    • Karen Perriere

      November 25, 2020 at 1:30 am

      Sounds professional

  21. Jacob Merchlewitz

    November 25, 2020 at 1:20 am

    At this stage your out of your god damn mind not to at least allocate 1-5% of your net worth into BTC..

  22. runningrock124

    November 25, 2020 at 1:21 am

    buy bitcoin.

  23. Raj Gosner

    November 25, 2020 at 1:22 am

    The supply is not cut in half. The amount rewarded to miners is cut in half.

  24. 캥스타TV KANGSTATV

    November 25, 2020 at 1:23 am

    BTC VET DOT THETA OCEAN

  25. Soilent

    November 25, 2020 at 1:25 am

    Bitcoin is going well into 6 figures. Buy Bitcoin now.

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