ASHLEY: PLEASE DON’T STUART: A LOT OF SHADE THROWN IN STUART: A LOT OF SHADE THROWN IN THIS SEGMENT
THIS SEGMENT ASHLEY: MY GOD ASHLEY: MY GOD STUART: BITCOIN, THE GOVERNMENT STUART: BITCOIN, THE GOVERNMENT IS AUCTIONING OFF BITCOIN SEIZED IS AUCTIONING OFF BITCOIN SEIZED FROM CRIMINALS FROM CRIMINALS
AUCTIONING IT OFF AUCTIONING IT OFF KRISTINA PARTSINEVELOS KRISTINA PARTSINEVELOS WHAT ARE THEY DOING? WHAT ARE THEY DOING? >> BIDDING HAS BEGUN
>> BIDDING HAS BEGUN IT WILL GO ON UNTIL 2:00 PM IT WILL GO ON UNTIL 2:00 PM
EASTERN TIME EASTERN TIME IT IS NOT JUST FROM CRIMINALS OR IT IS NOT JUST FROM CRIMINALS OR CIVIL CASE IS CIVIL CASE IS BITCOINS ARE ASSOCIATED TO A BITCOINS ARE ASSOCIATED TO A WALLET
WALLET THE GOVERNMENT CAN’T JUST GO AND THE GOVERNMENT CAN’T JUST GO AND SEIZE IT SEIZE IT THEY HAVE TO GET THE RIGHTS TO THEY HAVE TO GET THE RIGHTS TO THAT WALLET THAT WALLET
A LITTLE COMPLICATED A LITTLE COMPLICATED NONETHELESS YOU HAVE $39 MILLION NONETHELESS YOU HAVE $39 MILLION WORTH OF BITCOIN HITTING MARKET WORTH OF BITCOIN HITTING MARKET TODAY TODAY NOT FOR EVERYONE
NOT FOR EVERYONE YOU HAD TO PUT DOWN $200,000 TO YOU HAD TO PUT DOWN $200,000 TO PUT UP A BID PUT UP A BID THESE ARE BIG PLAYERS THESE ARE BIG PLAYERS
SEEING THE PRICE START TO TICK SEEING THE PRICE START TO TICK UP UP OVER THE LAST LITTLE WHILE, THE OVER THE LAST LITTLE WHILE, THE LAST FIVE DAYS OR SO, BUSINESS LAST FIVE DAYS OR SO, BUSINESS DAYS, THE PRICE OF BITCOIN CLIMB DAYS, THE PRICE OF BITCOIN CLIMB TO A SIX-MONTH HIGH, BELOW TO A SIX-MONTH HIGH, BELOW $10,000 $10,000 IT IS DEPRESSED BECAUSE OF BIG IT IS DEPRESSED BECAUSE OF BIG AUCTIONERS TRYING TO GET IN
AUCTIONERS TRYING TO GET IN THEY SOLD THEIR LOT, TO DEPRESS THEY SOLD THEIR LOT, TO DEPRESS THE PRICE TO GET IT LOWER THE PRICE TO GET IT LOWER THE BIG QUESTION FOR BITCOIN IS THE BIG QUESTION FOR BITCOIN IS REGULATION REGULATION
LAST WEEK OR SO TREASURY LAST WEEK OR SO TREASURY SECRETARY STEVE MNUCHIN THAT SECRETARY STEVE MNUCHIN THAT SAID HE IS LOOKING AT REGULATION SAID HE IS LOOKING AT REGULATION WHEN IT COMES TO BITCOIN AND WHEN IT COMES TO BITCOIN AND CRYPTOCURRENCY CRYPTOCURRENCY I SPOKE TO ONE EXPERT WHO IS THE I SPOKE TO ONE EXPERT WHO IS THE AUTHOR OF CRYPTOCURRENCY AUTHOR OF CRYPTOCURRENCY INVESTING FOR DUMMIES, SHE SAID INVESTING FOR DUMMIES, SHE SAID THAT CAN’T BE THE CASE AT ALL THAT CAN’T BE THE CASE AT ALL BECAUSE IT IS A DEREGULATED BECAUSE IT IS A DEREGULATED CURRENCY AND IT WILL BE CURRENCY AND IT WILL BE IMPOSSIBLE TO REGULATE IMPOSSIBLE TO REGULATE ESPECIALLY YOU HAVE TO HAVE ESPECIALLY YOU HAVE TO HAVE GOVERNMENTS ALL COME TOGETHER TO GOVERNMENTS ALL COME TOGETHER TO WORK ON IT YET, THEY’RE SAYING WORK ON IT YET, THEY’RE SAYING THEY ARE PAYING ATTENTION TO IT
THEY ARE PAYING ATTENTION TO IT SO THE BIDDING HAS NOW BEGUN SO THE BIDDING HAS NOW BEGUN STUART: OKAY STUART: OKAY
NO THROWING SHADE ON BITCOIN IN
