That wast the latest headline coming out of CNBC yesterday.
It is not referring to me as I bought my first bitcoin a little while back, however, it is referring to one of my favorite financial analysts.
I referred to another one of my favorites a little while back, Tom Lee, and his prediction about Bitcoin possibly getting to $55k by 2022.
It can be seen here:
However, the latest crypto convert comes from truly my all time favorite:
Josh Brown.
Josh Brown is a regular contributor to the Halftime Report on CNBC. A must watch show for all you stock traders out there. He runs a financial blog and does very well primarily trading and investing in US stocks. To top it all off, he is as funny as he is skilled, which is saying something because he is quite skilled.
Back to the important stuff...
Josh Brown announced via twitter that he had purchased his first Bitcoin yesterday.
It can be seen here:
Again, just like the Tom Lee announcement a few weeks back, it signals that major wall street players are not only starting to pay attention and take Bitcoin seriously, but they are starting to buy in.
Which is exactly what you want to see from an adoption standpoint.
Heil Josh Brown!
After Josh Brown's twitter announcement of his Bitcoin buy started to go viral across social media, and his rational for buying it was published along with it, this picture was attached...
A perfect example of his sense of humor. To be honest, he does kind of look like Hitler there...
Why did he buy Bitcoin?
According to Josh:
"I think at this stage in the game, it’s important to be open-minded and not afraid to lose money or look foolish. I’ve invested into way dumber things in my life. And as far as what the future holds – if the disruption hippies turn out to be right, and the 21 million BTC that will eventually be the limit are out there in public hands, it’s hard to imagine them not appreciating in price. Especially if they become more institutionalized and embedded into enterprise scale transactions – which is what the banking industry seems to be leaning toward from what I read and hear. I like the idea of scarcity and owning something that is finite by design."
He has bought into "way dumber things in his life..." and "the disruption hippies..." haha thanks Josh.
More of his rational behind his purchase of Bitcoin can be read here:
Check it out, it's a great and entertaining read.
In summation:
Josh feels exactly how I feel ever since I bought into crypto.
Before I bought into Crypto and after:
Like a boss.
"The Dude abides"
Stay informed my friends!
Sources:
Image Sources:
https://twitter.com/ReformedBroker?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Follow me: @jrcornel
Ha, my accountant still thinks that Bitcoin is a physical asset. Photos like that guy holding up a physical " Bitcoin" just confuse people.
Hehe, those investors look happy that they bough it! It does feel great to have bitcoin ;). Great article as always @jrcornel !
I think $55,000 in 2022 is an extremely LOW estimate.
Haha, disruption hippies are doing a dance. The Dude abides on Wall Street.
Haha yes he does. I hope those disruption hippies are right...
We'll all be doing a dance then....
well at least he bought ;)
better late than never
oh .. it's not really late yet ..
Funny, lol Do you think the HF, Soft form whatever its called is going to happend Aug 1st? I have 0 .45btc from my kitchen faucet am I rich?!?!?
I've always wonderad if there's some conspiracy trying to make people believe that bitcoins are physical coins and that you must buy a whole bitcoin, LOL.
Very interesting. Hope he is right.
Nice to see people spreading the word!
This picture is priceless. Thank you!
55k let's go
I think it's cool that they made such a big deal out of this guy buying a bitcoin. Also it's cool that they actually gave him one of they physical models of the bitcoin, not everybody gets those when they buy bitcoins. Not sure they're worth anything in dollars, but still a cool keep sake item to have in addition to your cryptocurrency. Interesting post!
Financial analysts, businessmen, people with no business and everyone else is jumping on the cryptocurrency bandwagon for the gold rush. Better late than never!
Of course they had to. Goldman Sachs initially criticized Bitcoin trying to demean it. They always referred to it as Blockchain technology. But now as BTC did break the shackles everyone wants to embrace it. Which is good as you said it's better late than never. Bloomberg now keeps on monitoring BTC on their channels. Positive signs for all of us. Just HOLD.
Yeah...HODL!!
good sign for bitcoin more positive news will bring the price even more high
That's one more person that's into cryptos.
Unbelievable, he says: "think at this stage in the game, it’s important to be open-minded and not afraid to lose money or look foolish. I’ve invested into way dumber things in my life".
I think the opposite. I think that you have to be open-minded all the time. I was open-minded in January and look where whe are at this point! He says that that buying bitcoin is a dumb decision. Well, I like to hear back from him a year from now..
Nice post btw
haha very funny, you got the moves!
@jrcornel
Disclaimer: I am just a bot trying to be helpful.
Smart and funny moves. Nice post.
I watching it live on CNBC, he is just talking about Qualcomm.
Grab onto those "holy fuck" bars and get ready for a wild ride!
nice post ,i want to get it " many coin"......
Lol congrats
Ha! He is funny - "...free to dump...because this surely marks an all-time top." So, he has had the same experiences that I have had.
Getting main stream.
so funny😅
Haha thanks for sharing a few years ago I have cents of crypto now I have a hundred dollars of crypto. Hoping in a decade I'll have a million dollars worth of crypto.
Très bon article. Je vous félicite pour cette article.
Merci Cordialement.
@jrcornel - Coming after the bloodbath last couple of weeks, this is BIG news indeed. Josh Brown, THE analyst when it comes to Stock analysis at CNBC becoming a Bitcoin convert, clearly shows that Bitcoin uptrend is catching on Thanks for this update. Made my day. Upvoted.
Update at my end is that I am doing a 'Photospeak' series with my memories from Africa - with just a photo with minimal words - Letting the picture speak for itself mostly. I would be honored if you can take a look at latest one (#3 with Ostrich crossing ) when you have time and provide your valuable comments. Thanks
nice post, it's nice to see more people starting to buy into cryptocurrencies
crypto noobs always underestimate this stuff. 55k by 2022 is ridiculously low
Makes me wonder how many of those "major wall street players" had already bought in, but didn't bother making it known?
Well Josh Brown usually has to disclose anything he talks about on CNBC, IE when he bought and sold. However, that wouldn't stop him from getting a buddy of his to buy it for him in some other accounts...
Why did he buy Bitcoin?
Why does anyone buy Bitcoin? Either you know something or you are following the leader. Are you following a trend (or are you laying down tracks)? People build roads for others to follow. You just have to decide if you want to lead or follow!
Thank you for sharing the information that interest us especially for me. After I read in your post this time about bitcoin a lot of information that I get here.semoga you keep on and always can make post useful for us. Hopefully also with this post You get the achievement as you have hoped. Congratulations for you and always successful in every post, because all this takes struggle and hard work. Very extraordinary
I just do what Chuck tells me.
Chuck says Upvote I Upvote.
You don't argue with Chuck.
I wonder if he has a chin under that beard or another fist???
Congrats to you! BTC to the moon!!!
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With the inherent disruptive properties found in Bitcoin and other blockchain technologies, it's only a matter of time before large financial investors and the public as a whole accept crptocryptocurrency as the way of the future.
Amazingly, this will be great news. Hopefully bitcoin continues to rise every year:)
you make it but i could not despite i have also buy my first bitcoin.
Smart Chap, he has probable realised this is not going away and likely to gain traction. Its much better to be safe (& happy) than sorry and disgruntled.
like he mentioned the volume is circulation would have a cieling and of of course the value goes up
So nice x)
Humour !
Crypto market works on hype not fundamentals. People are just follows those hype whole heartedly and then cry in the end . People should be more careful while investing in the bitcoins. Last I checked after John macafee statement, the price of bitcoin rose high. As I think, in this case same happened. @jrcornel
well done i just cashed some profit out like :
nice post
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Jeez $55K is like a 20 fold increase..
Great post! Crypto is starting to take a hold of the main stream and the Dude abides my friend!
I pray bitcoin hit 55k...Boys will become rich...
wow ^ ^
I just did a bitcoin video where I talk about Goldman Sachs applying for several cryptocurrency patents. Once the Vampire Squid starts trading cryptos....Bitcoin will go to the moon!
Ok but it is just a stuff, no big deal, I want real bitcoin send it to my address, any one here 1DQGGVgAb53gH6tQuHi3GfM1rFG4Aft5mk
Nice post jrcornel