Why this analyst says Coinbase is going to $500

221 Megtekintés 23 E

CNBC's "Closing Bell" team discusses why BTIG is bullish on the Coinbase with analyst Mark Palmer of BTIG, who initiated a buy on the stock with a $500 price target. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Megjegyzés

  1. JT
    JT
    11 napja

    What does this stupid analyst say now when it's $250?

  2. Thelonewolf
    Thelonewolf
    24 napja

    I really hope he's right because it's been bleeding all week and a lot of shareholders including me aren't too happy right now. I know it will up go in time but it still seems very uncertain. I really regret now not waiting and buying the dip below $300...

  3. Young Grizzly
    Young Grizzly
    25 napja

    Definitely in my Roth.

  4. M L
    M L
    29 napja

    Coinbase will hit $500 when btc goes up to $100K plus...

  5. Phil GP
    Phil GP
    29 napja

    PONZI/PYRAMID SCHEME WARNING!! It doesn't take ape to figure out that all the crypto coins will continue to be printed at a much faster pace than any legit currency. Do not pump your stim checks that are meant to stimulate your OWN economy into hot air. These crypto currencies are directly linked to black market drug dealers, rogue nation states, child endangerment and above all a lack of education. Why on earth would you want to devalue your own currency in favor of a digital fiat that will be pumped and dumped the next day. Have some pride in yourself and your country sheeple. DO NOT BELIEVE THE HYPE or that YOU DONT KNOW FINANCE

  6. SW
    SW
    29 napja

    Why $500? Let us do 100K which is just as ridiculous. ETF and traditional brokerages will come in, like VW, GM and everyone else compete against Tesla

  7. 832elf
    832elf
    29 napja

    ray dalio and other experts have mentioned that Bitcoin and crypto currencies, crypto assets will be outlawed once they becomes successful causing a crash in Bitcoin and other crypto assets. If that's the case, why bother investing in Bitcoin and crypto assets at all if you're going to lose all your investment?

    1. 832elf
      832elf
      27 napja

      @James Gossweiler The Govt outlawed gold decades ago

    2. James Gossweiler
      James Gossweiler
      27 napja

      I'm not sure you can outlaw a currency unless you're in China. People can use anything they want as a medium of exchange.

  8. Oh My Oh my
    Oh My Oh my
    Hónapja

    Power Conservation in Sustainable Blockchain: The Consensus Algorithm of a Blockchain replaces ALL the “trust” functions of Centralized Finance. These functions include Credit-card authorizations, chargeback monitoring, lawyers, accountants, record-keeping. When comparing the power-consumption of crypto-miners, you need to appreciate how much time, energy, land, and power is wasted on these functions by Centralized Finance. While Bitcoin’s Consensus system is power-hungry, and somewhat inefficient (with almost half of the power-use wasted as one group wins a block and forces competing groups to abandon it), is it really more wasteful than the legions of Lawyers, Accountants, and Auditors? No... And blockchain is devastatingly efficient at data storage!! All the Bitcoin transactions that occur in a single ten-minute block are hashed (compressed with SHA256 and merkle-trees) into a single 256-bit string that is appended to the end of the Blockchain with some added strings for context. All of the millions of Bitcoin transactions that have occurred since 2008 are hashed (compressed) into a blockchain that easily fits on a USB stick. The data file for just one person’s bank accounts is larger than all of Bitcoin! In a world where Big-Banking’s ever-expanding Big-Data is plowing down forests at an alarming rate, all of Bitcoin’s history can easily fit in your pocket. And these blockchains are stored on decentralized servers that occupy existing living space, instead of plowing over vast tracks of forests to make Jeff Bezos and Amazon Web Services richer than 99% of Earth’s population. Blockchain may waste power to process the current block, which is debatable since it removes the need for Lawyers etc, it saves that power later with ultra-efficient, hash-based, data storage spread across a decentralized land-use footprint.

  9. Mary William
    Mary William
    Hónapja

    I have been making massive profits using jonny strategy and he also helps manage my portfolio just so I don't go astray .

  10. Mandel Vedry
    Mandel Vedry
    Hónapja

    I don't believed in him Mr Jonny but At first I invested and in days i got a return of good profit ,He honesty can't be compared to any other manager.

  11. Talente Khuzwayo
    Talente Khuzwayo
    Hónapja

    What is VOL (volume): and how is it calculated

  12. Vincent C
    Vincent C
    Hónapja

    When Doge and VeChain hit Coinbase it's going to skyrocket.

    1. Rol Bar
      Rol Bar
      2 napja

      Thats what I feel ... 1 month from now 500CB 1.21DC after cb takes them on.

    2. Maria Ph
      Maria Ph
      12 napja

      @Thelonewolf no doge not on CB

    3. Thelonewolf
      Thelonewolf
      24 napja

      Doge isn't on Coinbase yet? Idk I don't use it... any idea when btw?

  13. A piece of hair
    A piece of hair
    Hónapja

    150% Dogecoin in 3 days. If COIN is going to 500$ Doge will go to the moon

  14. Gabriel Freitas
    Gabriel Freitas
    Hónapja

    There's no doubt in my mind that we are not only going bullish, but BTCis going nuclear. A lot of people are wondering if now is a good time to buy because of where the price is at right now. I'd say it's outrightly wrong to just sit back hodl and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins thereby making prof!ts should be the way of life, even experienced traders are in a doubt to take long or short position. I have been more skillful than lucky to be honest also thanks to Danielwrightfx . Daniel who trainedme as my initial investment was multiplied by 5 In two months. After getting in touch with Daniel wright. , an exp:ert in cryptography, who showed me how to use his program to make transactions and got 14 bitcoin in 2 moths with him. f you are looking for a way to increase your portfolio or investment. Daniel ͲҽӀҽցɾąʍ @Danielwrightfx

  15. Cassandra Mcdonald
    Cassandra Mcdonald
    Hónapja

    the crypto market is on fire and yet i still hear a lot of sayings like "what's bitcoin?" this only goes to show how much people are still yet to embrace the digital assets, meaning there is a high probability of more price burst in the nearest future. according to experts, more than half of the world percentage are yet to embrace crypto currency and we have billions going round in digital forms. Like Micheal Mackey used to tell me, the charts are the tools to make wealth when properly utilized, that has guided me in my trading career although am still getting my grip around studying the market. i make use of signals and strategies from experts and service providers. i find signals as a good substitute to self analysis and i have built my trading portfolio using signals to almost $400k but still i find myself wanting more. thanksfully we still have smaller assets to buy such as btt,xrp,doge,ada etc. i find the services of micheal mackey close to that of a mentor. his services are on teligram @michealmackey

    1. Hermione Savage
      Hermione Savage
      Hónapja

      Trading crypto is the smartest thing i have done in the last two years, learning from the best in the crypto space , i can't deny how helpful your services have been

    2. Iyanna Ulises
      Iyanna Ulises
      Hónapja

      Michael has a great profile trading i just let my money work for me everytime, i spend quality time with my family enjoying my profits

    3. Robert Tyler
      Robert Tyler
      Hónapja

      SO i visited granny during the summer and she has made over $50,000 during nothing, oh i never taught she could learn

    4. Nathalie Payton
      Nathalie Payton
      Hónapja

      Trading crypto is the smartest thing i have done in the last two years, learning from the best in the crypto space , i can't deny how helpful your services have been

  16. Victorkapz
    Victorkapz
    Hónapja

    This guy looks like he’s chewing tobacco..

    1. swiss9495
      swiss9495
      29 napja

      Lol

  17. MusicSoundPlayer
    MusicSoundPlayer
    Hónapja

    Some say more

  18. Tyler Durden
    Tyler Durden
    Hónapja

    Too low $500

  19. steve mean
    steve mean
    Hónapja

    Lo....like going back to $250.

    1. Kent McCroskey
      Kent McCroskey
      Hónapja

      @steve mean That's not how the process works.

    2. steve mean
      steve mean
      Hónapja

      @Kent McCroskey The was going too, until they get greedy.

    3. Kent McCroskey
      Kent McCroskey
      Hónapja

      Never was 250. Educate yourself.

  20. Ticker
    Ticker
    Hónapja

    This guy gets it. Alot of people not understanding the institutional services that Coinbase generate revenue from not to mention their venture capital projects as well. And no... this ain't goin down to $120 first.

  21. Snapping Jesus
    Snapping Jesus
    Hónapja

    It will go to $500 but will have to visit $120 first ....good luck

    1. Kent McCroskey
      Kent McCroskey
      Hónapja

      Clinically delusional! My guess is he still thinks the internet is a fad. 🤣

    2. u j
      u j
      Hónapja

      Lol delusional

  22. Dim M
    Dim M
    Hónapja

    There we go again 🤡 The same thing those ponzi schemes doing with bitcoin "it will reach 10000000!!!" 😅 😅 😅

    1. Kent McCroskey
      Kent McCroskey
      Hónapja

      This post won't age well at all. Btw, I'm quite happy with the bitcoin I bought at $3800 and $8000.

  23. cozyslor
    cozyslor
    Hónapja

    Is that you Uncle Fester?

  24. Santa Clause
    Santa Clause
    Hónapja

    Governments will eventually create their own crypto and it'll trade on regular exchanges with the typical fees we see with forex. The hype over these is bizarre.

  25. Armando Calderón
    Armando Calderón
    Hónapja

    To much crypto exchange's, to much competition.

    1. Kent McCroskey
      Kent McCroskey
      Hónapja

      Sad that you missed out, huh?

    2. Stephanie Harvis
      Stephanie Harvis
      Hónapja

      + 1=2=1=3=8=0=6=4=8=1=9.

  26. Jack McGee
    Jack McGee
    Hónapja

    I blame Jenn Psaki for all this “writ large”

    1. Stephanie Harvis
      Stephanie Harvis
      Hónapja

      + 1=2=1=3=8=0=6=4=8=1=9.

  27. Marek Kolenda
    Marek Kolenda
    Hónapja

    Russia central bank gone answer on Biden financial sanctions

  28. Lharrry Buggyns
    Lharrry Buggyns
    Hónapja

    When Dogecoin hits Coinbase 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

    1. Thelonewolf
      Thelonewolf
      24 napja

      Any idea or speculation when that will happen???

    2. Lharrry Buggyns
      Lharrry Buggyns
      28 napja

      It may seem like a joke on the surface but it is (in my opinion) the more approachable and beloved of cryptocurrencies. It’s way less expensive than Bitcoin, is being backed/supported by the likes of Elon Musk, Mark Cuban, and others, and ought to see increased demand when it becomes available on Coinbase. Demand for dogecoin temporarily overwhelmed Robinhood’s systems the other day-so the more accessible it is / more popular it is, deamand may be higher than supply, thus driving up the price. Just my opinion 😁

    3. Connor Doyle
      Connor Doyle
      Hónapja

      Out of curiosity, as a Dogecoin noob, why is it that people are putting money into Dogecoin - its simply a joke currency is it not. Thank you for any info 😁

  29. Sameaul Ahad
    Sameaul Ahad
    Hónapja

    coinbase fees, coinbase takes fees from their staking. they're more than just an exchange.

    1. Stephanie Harvis
      Stephanie Harvis
      Hónapja

      + 1=2=1=3=8=0=6=4=8=1=9.

  30. mrPmj00
    mrPmj00
    Hónapja

    For streaming stocks, BUY Amazon Prime, Disney +, Netflix. Profitable companies are Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix, Zoom so these are the stocks you want to own. Also Wells Fargo, Disney for the recovery.

  31. RAY RAY
    RAY RAY
    Hónapja

    Thanks to the internet experts, I now know where I should invest my money. Thanks guys !

    1. RAY RAY
      RAY RAY
      Hónapja

      @Stephanie Harvis 8-6-7-5-3-0-9

    2. Stephanie Harvis
      Stephanie Harvis
      Hónapja

      + 1=2=1=3=8=0=6=4=8=1=9.

  32. Sergio T
    Sergio T
    Hónapja

    Its as big of an empty bubble as his head....

    1. Kent McCroskey
      Kent McCroskey
      Hónapja

      Newbie investor.

  33. Sergio T
    Sergio T
    Hónapja

    Buahahahaha