. >>> the man both hated and loved in the crypto community, roger ver, one-time bitcoin jesus. he's here to tell us why this is just the beginning of the rise of bitcoin cash. >>> and we're going to switch the bug. switch it! from bitcoin to bitcoin cash the newly-added coin has been extremely volatile since being added to the platform. it's a crazy bitcoin world out there. we're going really large tonight here on "fast. first we start with the tax cut. what all of wall street has been waiting for, as both chambers of congress pass the bill and president trump took a victory lap at the white house ylan mui is in d.c. with the details. >> reporter: melissa, it was a washington love fest there at the white house, with many people thinking that republicans wouldn't actually get this done before christmas but the party rallied around this bill. they put aside some of the infighting that had plagued the gop earlier in this year to stand behind the president >> it's been an amazing experience i have to tell you hasn't been done in 34 years but actually really hasn't been done, becaus

in the space will be joining us all week long, starting tonight, they call him the bitcoin jesus, roger ver. bitcoin bought at a buck where he sees it going next. an exclusive interview from the beach. why? because he can check out the far left corner, if you have crypto fever, we'll be fracking the price for the entire show, but first, we start off with judgment day for the fed. what could be the final rate hike for the fed chair janet yellen after four years at the helm all signs point to a go unher reign, it's up a whopping 350% closing along with aish rye. will this meeting prove different? do you just keep buying, guy >> i think you just keep buying. should this meeting prove to be different? i don't see how. i think it would be more volatile i think as long as think stay the course, i think the market is fine. we talked about this, pete's brought it up, i brought it up as well. it's 930 now, so if the the market was concerned about it, it would be manifesting itself as a higher vix. many, many times, stay the course it seems like the market is volati volatile quite frankly not all tha

move when it comes to bitcoin the price of the future, 79.30 >>> listening to what bitcoin.com ceo roger veraid yesterday on "fast money. >> i'm concerned about bitcoin, because people were saying they wanted high fees and unreliable transactions if that's the case, people won't use it >> joining us now is brian kelly, fast money trader good morning >> good morning, wilf. >> we heard there that he was saying there's high transaction fees unreliable trades yet coming on the day we got the first cbo futures markets. what's your take on that and the fact that now we have futures trading and the price didn't fall >> listen, roger is obviously a smart guy. very early on it but i think people also need to understand that he has forked bitcoin, in other words, he split off bitcoin, he has his own coin, his own economic argument he makes the argument that that's the real bitcoin. bitcoin elicits passion from people it's kind of a movement here i think people need to understand that there are two very different sides on this the fees on bitcoin have gone very high and then very low. as an early techn

investigate bitcoin after what happened with bitcoin cash >> we even heard this last night from roger ver, there's a belief in the crypto community that nothing bad has happened on some level, and -- >> it's not a crime. >> it's not a crime. and i think from a regulatory perspective, especially protecting the individual investor out there, a shot across the bow is not a bad thing. it needs to be done in a rational and well-targeted way but if a company is listing a name or changing their business and it's truly fraud and misrepresentation, i mean, there's a lot the sec can do there and i think they should go after them >> steve said something interesting, at the end of the day it is people that are buying this, because it's our money, collective money but the machines are in fact in charge of this that's what's driving this thing. that's a much bigger problem potentially than even what we're talking about here if it's just machines moving -- >> because you see "blockchain" being added. >> that to me is a bigger concern, people foolishly gambling on things they shouldn't. >> what differenc

. >> roger ver. >> at this point, i am not realistic.he case, guess what, people are not going to use it >> he went onto say that could run up a lot more on the headquarter term but it is a game of hot potatoes at this point. he prefers much more strongly bitcoin cash over bitcoin which is the product of the creator of bitcoin a while ago. >> here is the weird thing of bitcoin is that we'll have smart people on cnbc to debate, ibm is going to 200 or 250. we have smart people ton network who says bitcoin is going to a million and it won't exists in three years. >> or zero >> or both >> so what is the average viewers think? you cannot, you are just going on a prayer rierkt, right? >> no one really knows i don't know how you value it and the ways that i think of the way we value securities based on corporate earnings or a bond or we think of interest rates are going to be or a company generating earnings. >> here is what i do know, the totality and a lack of a better word or the smell and feeling that's going on right now and the pons respo

farley parent company of i ice to have the attempts of another bitcoin contract >>> we'll speak to roger verbitcoin jesus one of the first investors in bitcoin itself big believer in bitcoin cash in fact, most of his currency exposure is through bitcoin cash he joins us tonight at 5:00. >>> so, why the tax bill is good for your favorite sports team, but bad for your favorite college. we're going to explain that. >>> we're also going to ask the president of las vegas's new hockey team about the tax bill and help that city bomece a sports powerhouse. sports thwerhouse. to help identify potential opportunities. so, you can do it this way... or get everything you need to help capture investment ideas and make smarter trading decisions with fidelity for just $4.95 per online u.s. equity trade. fidelity. open an account today. ♪ >>> hello, everyone. i'm sue herera here's what's happening at this hour washington state officials say highway i-5 remains closed after an amtrak train crash on monday. they say still a lot of work that needs to be done, but they have made quite a bit of progress overnigh

. >>> one of the earliest investors in cryptocurrency is raising the red flag listening to what roger verd last night on fast money >> at this point i'm concerned about the future of bitcoin. a group of developers got in charge of it and openly say they want it to have high fees and unreliable transactions. if that's the case, people won't use it >> joining us now to discuss how investors are cashing in on cryptocurrencies are michael n sonenshine the speculation continues. >> it does >> what do you think is going on now? >> so, i think what you're starting to see is that both retail and institutional investors are getting excited about bitcoin. the narrative has changed. the asset class came out of nowhere about eight years ago. it started with bitcoin, now people are diversifying into other assets the early days of bitcoin were often plagued by people thinking about bitcoin for money laundering, drug trafficking, but it's graduated from that the narrative on the street is that bitcoin is digital gold gold 2.0, here to stay and investors want exposure to it. >> but from a gold -- you're