Close Menu
    Blockchain

    Crypto expert says TerraUSD decline looks like a 'demolition'



    Bitcoin Foundation Chairman Brock Pierce discusses TerraUSD and Janet Yellen calling for crypto regulation.

    Subscribe to Fox Business! https://bit.ly/2D9Cdse
    Watch more Fox Business Video: https://video.foxbusiness.com
    Watch Fox Business Network Live: http://www.foxnewsgo.com/

    FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

    Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
    Follow Fox Business on Twitter: https://twitter.com/foxbusiness
    Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

    View 42 Comments

    42 Comments

    2. M W on

      Come on, I mean you bought and gave value to a coin that is mined digitally and has nothing of value to back it up! Even the Dutch had Tulip bulbs! sleepy joe and the democrats sure do know how not to run an economy. NOT! The last time it was this bad, Obama and the democrats were in charge.

    7. Jessy is Fluffy on

      If the corporations behind the various virtual currencies are linked to the weight of the dollar (which is falling), it makes sense for larger investors out of the market to not lose money because of the US dollar. Until you find gold, oil, or anything else to prove the weight of the U.S. currency, everything you own on paper or virtually depreciates with each passing day.

    13. Don Ban on

      Crypto.. fools gold. The best way to get something for doing nothing. The reality is, many people have been suckered into the idea that these 'coins' are a store of value, an asset class, something to hold . Now that reality is here again, people are selling to get what they can before it goes to 0.

    15. Matilda Taylor on

      I will forever be indebted to you 😇 I was able to build a big income stream investing with Mrs Caren Hendricks. You’ve changed my whole life, thanks so much.

    18. SEANMCAD on

      I just still cant believe how we are sitting here talking seriously about the effects of the economic value of computer generated numbers or GUIDs so to speak. what the hell?

    19. davidkachel on

      Bitcoin, Beanie Babies, commemorative plates, paper money, are all scams. When nothing backs your money, your money is worth absolutely nothing. It seems to have value while people are still duped, but sooner or later, they smarten up and the 'value' plummets. Here's an idea: learn where money comes from and stop being an easy mark for every scam artist that comes down the pike! There will ALWAYS be new scam artists. Wanna invest in a star of your own?

    21. Peter on

      If fox is pushing its demise then I’d say bitcoins future looks great. Bitcoin ATMs going up all over. Hyperinflation will put bitcoin over 1 million.

    23. Brooklyn’s Own on

      Its called theft market needed liquidity so the market did what it normally does steal from retail investors 200 billion that fast all cause the hedge funds naked shorted these meme stocks I can’t wait till they pay those retail meme investors so the market can stop bleeding

    24. Lear King of Albion on

      Algorithmic? “The computer ate my nest egg?” The Ponzi scheme comments below make sense. Some of us have wondered for years if there are “algorithmic” or manual back doors to this stuff.

    25. blahzndef on

      The cryptos are down because they are not inflation hedges. They're speculation and the hedge funds need their money for liquidity.

    27. PatriciaHarmon on

      Great video< and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 16` btc from day trading with Jenna Twartz Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish

    29. John Zabik on

      Vote to get rid of Biden/Harris..AOC and the Squad in the next election 🚙🚙🚙🚙🚙🚙👍👍👍..Let's Go Brandon!!🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗..Vote for Trump in the next election.👍👍👍👍👍👍👍👍👍👍

    30. clpoelker on

      I bought my house with Ethereum profits. Thank God its dropping again. Time to buy more! I made a killing the last time the roller coaster went down and back up again.

    34. Samuel Dovas on

      I <feel better after watching your daily streams, Great video i love your TA,< I've been with you since last year November and have studied many YouTube crypto channels. your style and your analyzes are the best thank you! Wish I could make the Bitcoin conference but I can't. Keep up the good work, Looks like the US markets are going higher so BTC will go higher. The only way BTC tanks is if the US markets tank and they will, but i think the FED will continue its easy money policies for a while and the markets are going to go nuts when its announced there will be no further rate hikes. The FED has no intention of brining down inflation and anything they say about reducing balance sheets, selling its debt and raising rates is all a lie. There will be another crisis soon that will give them the excuse to " pause" the rate hikes. Im telling you that's what's gonna happen and its all by design. USD allows the governments to do what they want and fund what they want ,take what they want, it gets a little difficult with something like btc standard, can't take away btc through inflation, confiscating, sanctions, and etc as easy as you can do with us dollar. Holders remain indecisive if this is a continuous uptrend and wether btc would hit it's all time high as predicted by analysts or if this little uptrend is a trick to a new fallout. So i tell you trade and earn remain the best option in the crypto market because i am a trader and so far Ive made over 18btc when i started with 4btc using trade methods and strategies from MR Jayce Rkyer…<You can reach Expert Jayce on ͲeIєɠɾαm👉@ JAYCERYKER3

    35. Javier Hugo on

      People grabbing multi-figures monthly as income in investments even in this confusion days in the market,any pointers on how to make substantial progress in earnings?would be appreciated…

    36. Ernst Schneider on

      I thank you and I will forever appreciate this channel , you ve helped me and my family a lot in your videos, In your advice,lesson and funny words are really inspirational and helpful .my family and i have been able to minimal,conscious in spending,saving and investing wisely,I now earning every week you're sure a blessing to this generation,we really love you

    38. Samson Roland on

      <NICE VIDEO🤔 I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

    39. Mykola Rieland on

      After enlightenment my thoughts were no more. No longer did I hear that voice of condescendence, of judgement. And that was the greatest relief of all. You are enlightened. You are integrated and complete. You are just having fun remembering this. And there are so many ways to have fun!

    41. Jody Whitten on

      Hahahahaha the stable coin destabilized the terra coin that stabelizes the alt coin so if you invest your do into nothing then expect nothing. Hahahahaha 🤣

    Leave A Reply
    Share via