Why doesn't CNBC ever talk about crypto currencies? It's

Get your facts straight.

>>2157070
but that's a good thing.

as soon as crypto currencies hit mainstream news, we'll be in bubble land.

>>2157070
Crypto is gambling plain and simple.

>>2157070
No.

Consider this. With too many people involved in the market, we get more liquidity, obviously. But eventually we will become saturated with liquidity. Imagine if there was virtually infinite liquidity. Then volatility would become impossible.

Too much liquidity strangles the volatility of the market, and it's the volatility of cryptocurrency that makes it so attractive to begin with.
We need this volatility.

So having cryptocurrency become too mainstream is not a good thing.

What you want is for a billion people to suddenly buy in and just sit there, waiting, without trading, but that's not what really happens.

>>2157085
>It's all just gambling guyz!! GET OUT FAST!
Meanwhile the federal reserve plots QE4. GDP is halting. The stock market and real estate bubbles peak. People are literally shorting the US dollar by buying into crypto.

>>2157133
The stock market is a lot more stable than crypto as a whole.

Bryan Kelly talks about it all the time while he's fucking NAUT investors in the ass in the background.

>>2157142
You know what? Yes... Yes it is. Carry on.

>>2157133
Why the FUCK did we stop pegging the US dollar?

>>2157070
They don't talk about because is not on their their best interest, actually they are trying to debunk it. Cryptos is for those who want a better alternative, those who have faith.

In economics always is messy, dirty and cold, I'm talking about pumps and dumps, scams and failure, but even if a project turns down, cryptos represent a society sick of top bullshit,so yeahh definetly has a future

>>2157165
ask your gf

>>2157165
Because greed and because they could.

File: IMG_2771.jpg (314KB, 1354x1218px) Image search: [Google]

314KB, 1354x1218px

It's already happening, just taking its time through smaller outlets.

It comes down to what's interesting. What would you personally rather hear about: a social substaining blockchain technology, or someone using these weird bitcoin things in your computer to make billions over ten years.

Sometimes people simply don't care.

OP too many people in crypto is actually not a good thing.

It suffocates volatility, which means no more moon missions, only a few, big moon missions when everybody gets on board the first time and then the market dies forever just like the stock market.

What we actually want is steady, healthy growth and then we can sell when it really goes too mainstream.

>>2157214
Summary: JUST FUCKING HODL

>>2157225
Yep.

>>2157070
There are two bitcoin articles on the CNBC home page right now. Are you retarded?

>>2157070
But they are talking about it. It's literally on the front page of their website right now

>http://www.cnbc.com/2017/05/22/bitcoin-price-hits-fresh-record-high-above-2100.html

>>2157289
and http://www.cnbc.com/2017/05/22/bitcoin-price-hits-fresh-record-high-above-2100.html

>>2157303
oops im the retard and posted the wrong link, heres the other

>>2157307
ok i'm an actual retard and didn't include the link. maybe i can blame it on the alcohol. here http://www.cnbc.com/2017/05/22/bitcoin-jumps-200-in-single-day-on-surging-global-demand.html