Tech
Bitcoin: What Seven Experts Think
Bitcoin is having a wild ride in 2018. The digital currency began the year on high note. Bitcoin prices nearly reached $20,000 in December 2017 as investors poured into cryptocurrencies. Here’s what seven experts had to tell CNBC about the future of bitcoin and cryptocurrencies.
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Bitcoin: What Seven Experts Think | CNBC
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A leak by Indian supplier Tata Electronics, purportedly of the yet-to-be-released iPhone 18 Pro models, has become marketing gold for the Chinese government. The Communist Party paper, The Global Times, is using the leak – caused by a cyberattack – as a cautionary tale for Apple and other American companies that are in the process of diversifying their supply chains away from China. CNBC’s Eunice Yoon reports.
00:58 Correction: The location tag should be Beijing, China.
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China’s Swagger After India’s iPhone 18 Leak
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Unstoppable demand for AI is leading to a capacity crunch on factory lines at the world’s leading chip manufacturer, Taiwan Semiconductor. And it could put a chokehold on AI’s ability to scale. Analysts tell CNBC that Nvidia, Apple, Broadcom, AMD and others are locked in an “extremely fierce” competition to get their GPUs, CPUs and custom AI chips made at TSMC. Capacity can’t come online fast enough, despite TSMC’s rush to build new fabs in Taiwan, Japan and Arizona, where has expanded investment to $265 billion. The strain has made one man at TSMC “the most popular person on the planet,” as chip start-ups and big name CEOs visit Taiwan to ask him for wafer allocation. It’s also created a rich opportunity for Intel, as customers look to the long-struggling foundry arm of the U.S. chip manufacturer for a second source.
Chapters:
0:00 Introduction
2:06 ‘Most popular person on the planet’
6:54 Making room for smaller players
9:10 Can new U.S. fabs ease the crunch?
Producer and Reporter: Katie Tarasov
Edited by: Matt Soto, Andrew Evers
Camera: Eddie Temborski, Robert Lampe, Evan Reinhardt
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Cerebras, D-Matrix, Getty Images, Intel, Nvidia, OpenAI, SpaceX, TSMC
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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Why There’s An ‘Extremely Fierce’ Battle For TSMC’s Limited Chip Manufacturing Capacity
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Warner Music Group, the third-largest music label by market share, is tapping into the South Asian music movement with its latest venture.
CNBC’s Laya Neelakandan explains.
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Micron’s hometown of Boise, Idaho has a growing crop of newly minted millionaires.
The AI-driven memory boom is showing up in the form of job growth, new construction projects, a bustling dining scene and an influx in new residents.
CNBC’s Katie Tarasov explains. Find the full report in related video.
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Half of single Americans say they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO’s 2026 survey.
But, the cost of dating itself is only part of the story. For millions of users, finding a date means paying for the apps.
Watch the full story in related video.
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@matthewa9694
January 12, 2024 at 4:06 pm
The bitcoin transfer time could take 10mins to a week to complete🤣🤣 I'm sure people would love to wait an extra 30 minutes or days for the 3 people ahead of them in line at the stores/drive tru 🤣🤣 in 30 minutes the value of your chit could drop 50% or go up 50% who knows. Not to mention if you forget your password for your chit coin wallet who the hell you going to call to get it back Isho tokyo shemataka🤣🤣🤣🤣 whats wrong with these people hahaha
@aeden2887
January 12, 2024 at 4:06 pm
Anyone watching in 2020?
@ethannaka1822
January 12, 2024 at 4:06 pm
And now we're back at 10k haha
@stembekerbackstembekerback968
January 12, 2024 at 4:06 pm
Instagram : PRESIDEN Bitcoin P@PU@ 😆😆😆 "👑"
@64Street
January 12, 2024 at 4:06 pm
Bitcoin year end – $1500.
@gabbar51ngh
January 12, 2024 at 4:06 pm
Aren't most of the bitcoins owned by select few? This means price could be dropped any moment.
Even if Cryptocurenncies become the next big thing, bitcoin wouldn't be the main player.
@mikhelBrown
January 12, 2024 at 4:06 pm
Q4 is Here!! Lets see what Nov/Dec 2018 has for us… Am Bullish, how about you?
@liyanagenanayakkara4161
January 12, 2024 at 4:06 pm
Displaying texts on the screen are more helpful to understanding the English for the Asian countries
@paolosulit7690
January 12, 2024 at 4:06 pm
They do not know what they are saying
@chimpchimperton
January 12, 2024 at 4:06 pm
It's funny to hear people talk so surely about something that NO ONE knows what it will do.
@derexooo
January 12, 2024 at 4:06 pm
We cant go to heaven with that on.
@derexooo
January 12, 2024 at 4:06 pm
I think we should not get it
@A.spec-alan
January 12, 2024 at 4:06 pm
Ya'll remember what happened last summer? Bitcoin hit 3k, We're still up! People need to relax. This so called "experts" never believe in bitcoin. They were always calling it a "bubble".
@jiyapatel7523
January 12, 2024 at 4:06 pm
I think end of 2018
btc price 25000$
@OmniviumVelocity
January 12, 2024 at 4:06 pm
These are all just shills
@paulm6755
January 12, 2024 at 4:06 pm
How you know that, ..maybe you the scamer., crypto is a nonsense good only for transferring dirty money,hope will fade out..
@trevoriandonaldjackson2552
January 12, 2024 at 4:06 pm
more money. free. for me. o boy..
@mathws1
January 12, 2024 at 4:06 pm
Besides, there is this hype around Blockchain Technology being better than Bitcoin. This is simply not true. Blockchain is just 1 out of 4 components that make the Bitcoin Network. It is simply a distributed storage mechanism. By definition it is a data structure. And when compared to a traditional centralized database, it turns out that it's actually under-performant. The interesting things about Open, Public Blockchains is that they bring certain properties with it: Descentralization, Censorship Resistance and Openess to Innovate on the Edge of the Network. All these "Blockchain, not Bitcoin" hype is just misleading people. Anyone here uses Intra-nets?
@mathws1
January 12, 2024 at 4:06 pm
Anyone who listens to this are simply fools. The same people who listens to CNBC advice are the same who bought Bitcoin at $ 20K and sold at the bottom. And the cycle will repeat itself. The secret they don't want you to know about successful investing is this: Investors with the highest returns are those who are willing to stand the descomfort of buying during a bear market. Only those who can stand and HODL strong will win this game. When the next Bitcoin Bubble comes and CNBC starts pumping Bitcoin again, don't go with it. Just SELL during the hype and BUY when everyone is trashing it. Inversion of paradigm.
@dragonsniper2678
January 12, 2024 at 4:06 pm
What's the used of bitcoin after 10 years u still can't buy a cup of coffee with bitcoin without cost more than a arm and a leg, cost me $1.50 to buy a coffee at gas station but $20 dollars in fees for bitcoin
@steve4633
January 12, 2024 at 4:06 pm
A sleeping giant to look out for in crypto is Elastos. The best blockchain project I've seen. Merge mining with Bitcoin. Too many reasons why this is revolutionary. Highly recommend to at the very least look at this project.
@andythach552
January 12, 2024 at 4:06 pm
Comments below are dissing BTC but secretly buying lol
@EricSmyth4Christ
January 12, 2024 at 4:06 pm
"I'm %100 sure it's going up or down. Be sure of that."
@garzax25
January 12, 2024 at 4:06 pm
follow the opposite
@avocatobobble
January 12, 2024 at 4:06 pm
Basically nobody knows. I’ve put £300 in and it’s now worth under £100 but that’s not to say that it couldn’t be worth £10,000 in the next five years. Bitcoin is something that likes to seesaw. It’s a very unique thing because it’s a currency and it’s a currency like no other because it’s value is given by the people that trade it.
Once you hit rock bottom, there is no other way than up. And I reckon £1,000-£5,000 bitcoin value is the lowest it can go when consider that the market cap isn’t very high in comparison to the grand scheme of things.
@haytnas
January 12, 2024 at 4:06 pm
CNBC you're missing the quotation mark for the word experts. These are professional guessers.
@m45plds
January 12, 2024 at 4:06 pm
Great summary.
@androiduser6642
January 12, 2024 at 4:06 pm
There are no "experts" on Bitcoin.
Certainly not on the shitshow called CNBC.
@immiiala6082
January 12, 2024 at 4:06 pm
1FeRq4Fz6jZRppEkBRwa4kBfZzQaeQ6evw
Please donate
@G_Money_
January 12, 2024 at 4:06 pm
I wouldn't be surprised if bitcoin goes down to zero.
@blockchaineducatedintervie2714
January 12, 2024 at 4:06 pm
To be honest every other market is in a bubble, just take a look at the housing market and stock market, this market is still relatively new I think people will soon adopt this market even more.
@boringman8673
January 12, 2024 at 4:06 pm
bitcoin is a great way to lose money.
@nicholasking2368
January 12, 2024 at 4:06 pm
Bout to get my “expert advice” of exactly what NOT to do from good Ol’ CNBC 😂
@Stephensouraski
January 12, 2024 at 4:06 pm
It will hit 50,000 by the end of July. I promise and if you don’t believe me, you hate your momma. That’s a fact, under god.
@paulm6755
January 12, 2024 at 4:06 pm
BTC is a scam not a curency, as long as you can lose it ,can t reverse it or refunded,when is gone is gone from people wallets. .
@mr.speyside5240
January 12, 2024 at 4:06 pm
Do the exact opposite of these “experts!”
@rafaelrodriguez6188
January 12, 2024 at 4:06 pm
Any realistic price for bitcoin at the end of this year?
@MaxsCognacReview
January 12, 2024 at 4:06 pm
#WRECKED
@timurguler8289
January 12, 2024 at 4:06 pm
Well bitcoin has bounced off of the 21 monthly EMA so I believe we are about to see a huge move in the upside breaking the last resistance levels
@Mell0wY3ll0w
January 12, 2024 at 4:06 pm
Institutional money coming in the next 6 months. Coinbase now accepting 100 million dollar transactions
@solhu4047
January 12, 2024 at 4:06 pm
What makes them experts? Are developers for block chain? Been trading it before 2013?
@XxMsrSzprzxX
January 12, 2024 at 4:06 pm
There are no experts on Bitcoin. Only in the technical sense but the ‘market’ sense, there exists no such thing.
@cellphones7262
January 12, 2024 at 4:06 pm
Time to MOOON
@ChandraSingh-vf1ut
January 12, 2024 at 4:06 pm
Tom Lee the smart one
@powanscotts4117
January 12, 2024 at 4:06 pm
I told everyone I could not invest in BTC at its current price – not that I was a hater just that I was tired of loosing, I bought at 13k at a high price and it kept on dropping, it had me regretting until someone on Altcoin Buzz channel, Recommended us to reach out to a man named Robert Wells who has made a great impact in teaching young crypto investors an Almighty Strategy to trade their Bitcoins, Its just 5months since I reached out to Him, I can Proudly boast of increasing my Portfolio from 8Btc to 43Btc . Y'all can reach out to him through His TELEGRAM +1(631)620-6929*, *HANGOUTS and Skype/Mail * *(Robertwells005@gmail.com)