Bitcoin ‘Worthless’ & Will Perform Worse Than Stocks In The Coming Months: Capital Economics | CNBC



“Bitcoin’s correlation with equity prices has strengthened recently, but we think that this will be just temporary. We still think that bitcoin is essentially worthless,” Capital Economics said.
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Bitcoin ‘Worthless’ & Will Perform Worse Than Stocks In The Coming Months: Capital Economics | CNBC

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8 Thoughts to “Bitcoin ‘Worthless’ & Will Perform Worse Than Stocks In The Coming Months: Capital Economics | CNBC”

  1. They obviously don't understand macroeconomics very well if they think bitcoin is going away.

  2. down to 6000 and falling 10% every day

  3. I consider paintings worthless, meanwhile someone else is willing to pay a fortune for them. My point is that something is worth whatever people want to pay for it, i don't own any bitcoin right now but if the price keeps dropping i will probably buy 1-2 because i believe that it has alot of potential.

  4. Bitcoin has a bright future. This analyst is nuts. Boomers will continue to liquidate stocks upon retiring as people have done for generations and millenials are not interested in equities which means equities will not have any buyers as the boomers are selling and banks will not be able to indefinitely acquire stimulus packages to prop up their increasingly unattractive equities portfolios while millenials put the money they do have in cryptocurrencies which at least have the possibility of real returns. cryptos, gold and real estate – yes. Equities I wouldn't touch with a 10 foot pole for 10 years.

  5. More like " Fiat currency is worthless and will perform worse than stocks"

  6. u watch ,stocks will underperform and burn peoples money to with all the money printing and buy bitcoin and only physical gold ,stay away from these vulture fund managers

  7. cnbc loves bitcoin clickbait, it will go up and theyll make 1,000 more videos like this

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