Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection

Despite hating on crypto for years, and calling NFTs worthless and easy to replicate two years ago, Peter Schiff is set to release an NFT art collection on Bitcoin.

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Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens

A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?

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“Bitcoin Is A Hyped-Up Fraud” — JPMorgan CEO Jamie Dimon Asserts

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Peter Schiff Warns Bitcoin Is Headed to Zero

The goldbug believes that Bitcoin is basically worthless, so its owners should get out while they still can

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FTX, Alameda used Binance as intermediary for their parasitic relationship

In the aftermath of the FTX fallout, Bitcoin saw its price drop to a two-year low of $15,000, the exchange’s native token is on its way to becoming essentially worthless, and stablecoins across the market have been struggling to keep their peg.

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Bitcoin Helps Poor Countries Survive When Government Bonds Are Worthless

What is so important about the gross domestic product to debt ratio and how can bitcoin help the poorest countries avoid another debt crisis?

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UK Inflation Hits 10-Year High After Bank Of England Warns Bitcoin Could Become Worthless

The inflation rate in the UK has risen 5. 1% to hit a 10-year high.   Crypto enthusiasts proffer Bitcoin to hedge against inflation.   The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.

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UK Inflation Hits Highest Level In 10 Years After Bank Of England Says Bitcoin Could Become Worthless

The inflation rate in the UK has risen 5. 1% to hit a 10-year high.   Crypto enthusiasts proffer Bitcoin to hedge against inflation.   The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.

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$4 Billion in Fresh Capital Flows into Crypto; Leverage Markets and OI “Completely Reset”

Meanwhile, Barry Sternlicht of Starwood Capital Group advises “having a little investment in Bitcoin” as “a smart little hedge… because your paper will be worthless” and you don't wanna be upset “if it goes to a million a coin.

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'Inflow season' is here and Bitcoin might soon see new highs because of it

Institutions, to a fair extent, never considered Bitcoin to be a worthwhile investment option during its formative years. It was tagged as a 'showy' and 'worthless' asset at that time. However, the afThe post 'Inflow season' is here and Bitcoin might soon see new highs because of it appeared first on AMBCrypto.

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Barry Sternlicht Says “Gold Is Kind Of Worthless” After Revealing He Owns Bitcoin And Ethereum

Billionaire Barry Sternlicht has referred to gold as being worthless and says its value is minor. He confirms that he owns both Bitcoin and Ethereum while remaining confident in their properties. He joins the growing list of billionaires with an affinity for cryptocurrencies.

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Shiba Inu ‘Has A Much Real Value As Bitcoin’, Staunch Crypto Critic Peter Schiff Avers

Key takeaways CEO of Euro Pacific Capital and popular goldbug, Peter Schiff calls Shiba Inu worthless. SHIB’s recent rally has made it gain popularity. Peter Schiff has also stated that gold is seeing a resurgence that is bad news for Bitcoin.

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Billionaire Barry Sternlicht Buys Bitcoin And Ethereum, Calls Gold “Worthless”

Another legendary investor has revealed a position in Bitcoin and Ethereum as the cryptocurrencies approach their all-time highs. In an interview with CNBC billionaire Barry Sternlicht claimed that he has purchase BTC and ETH joining the ranks of Elon Musk, Michael Saylor, and Paul Tudor Jones.

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JPMorgan’s Dimon Believes Bitcoin Can Hit $400k, But Still Thinks It “Worthless” — Why?

JPMorgan’s Jamie Dimon has maintained that he sees no value in the world’s largest cryptocurrency. Speaking on Monday during the annual membership virtual meeting at the Institute of International Finance conference, the American billionaire reiterated his earlier statements on Bitcoin, arguing that it was just a matter of time before the currency came crumbling to […]

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Bitcoin Has No Real Purpose but Store of Value, BTC Holder Billionaire Barry Sternlicht Says

CEO of Starwood Capital Group owns Bitcoin and Ethereum, believes gold is "kind of worthless" and explains why he holds BTC

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CEO of $9.5 Trillion Asset Manager Suggests That Bitcoin May Be Worthless

Larry Fink remains among the Wall Street titans who are reluctant to embrace Bitcoin

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As Its Price Spikes, JPMorgan CEO Says Bitcoin Is “Worthless”

Worthless Wall Street has increasingly started to embrace the cryptocurrency trend, some executives of the biggest financial firms are still staunchly against the idea. JPMorgan Chase CEO and outspoken crypto-critic Jamie Dimon said that he has no hopes in cryptocurrencies.

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Jamie Dimon questions Bitcoin’s viability, says it’s “Worthless”

Chief Executive Officer of JPMorgan Jamie Dimon remains critical of the hype surrounding Bitcoin (BTC/USD). During an event on Monday, he stated that Bitcoin is “worthless. ” While Dimon is still not convinced about the viability and use of Bitcoin, his bank has started doing business with clients who are accessing the crypto asset.

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JPMorgan CEO Jamie Dimon Calls Bitcoin “Worthless”, Asserts Regulation Will Kill It

Key takeaways CEO of JPMorgan Jamie Dimon takes another jab at Bitcoin, calling it “worthless. ” Dimon’s point that Bitcoin’s 21 million cap is uncertain has been countered by key crypto-proponents.

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“Jaime Dimon is Worth More to Bitcoin” Says Jack Dorsey

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JPMorgan CEO: Bitcoin Is "Worthless"

JPMorgan CEO Jamie Dimon drew parallels between Bitcoin and cigarettes

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This Pro-Crypto U.S. Senate Candidate Holds Over $1M In Bitcoin

Blake Masters, a Republican who is hoping to unseat incumbent Arizona Senator Mark Kelly during the 2022 election, is a bitcoin millionaire, according to the latest filed financials. Blake Masters’ Crypto Investments In its early years, bitcoin was dismissed by institutional investors as a worthless digital asset that attracts criminals.

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'Not a big fan' Donald Trump characterizes Bitcoin, cryptos as 'may be fake'

The slew of billionaire investors waiting to bash Bitcoin and cryptos has grown considerably over the past week. After legendary broker John Paulson called Bitcoin worthless, former U.S President DonaThe post 'Not a big fan' Donald Trump characterizes Bitcoin, cryptos as 'may be fake' appeared first on AMBCrypto.

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Billionaire who shorted 2008 crisis has a bleak warning for Bitcoin (BTC)

Billionaire hedge fund manager John Paulson, notorious for making a fortune betting against the US housing market, thinks that cryptocurrencies, lacking intrinsic value, will eventually become worthless.

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Billionaire Who Predicted 2008 Housing Crash Says Bitcoin Is “Worthless”

“Bitcoin is a bubble” is something that has been thrown around a lot ever since the last bull run began in 2017. A lot of prominent personalities in the finance industry took this stand when the digital asset hit its then all-time high of $19K.

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Nassim Taleb changes his stance on Bitcoin; Says it is worthless

The author of The Black Swan, Nassim Nicholas Taleb, has revised his outlook on the leading cryptocurrency by capitalization. Taleb unveiled that he had had a change of heart, regarding Bitcoin’s potential, in his latest publication dubbed Bitcoin, Currencies, and Fragility.

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Investing Icon Suze Orman Suggests Stacking Bitcoin For The Long Haul

Bitcoin price is now trading at around $40,000, up from virtually worthless just ten years ago. Even despite the law of diminishing returns, the nascent financial technology has enormous upside potential still.

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South African Women Lose Money to Crypto Scammer Who Convinced Them That Botswana Pula Coins Are Bitcoins

A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins. The coins, which are denominated in the Bostwana pula currency, were initially sold to a group of South African women back in 2019 when bitcoin was only worth […]

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How does 'completely worthless' Bitcoin compare to Beanie babies?

The investor well-renowned for his bold skepticism about cryptocurrencies is trending once again today on the heels of yet another vocal prediction about Bitcoin. Euro Pacific Capital's Chief EconomisThe post How does 'completely worthless' Bitcoin compare to Beanie babies? appeared first on AMBCrypto.

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Abra CEO's portfolio is 50% Bitcoin as cash is 'becoming worthless'

Abra's CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs.

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Bears reign as 86% of September’s $284M CME Bitcoin options are worthless

Bears lurk as Bitcoin price is down and $284M in CME BTC options are set to expire on Friday.

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Over 40 Bitcoin Forks Are Down More Than 98% Since 2017’s Forking Fiesta

Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have lost considerable value and are near worthless. To-date only a few of the forks that stem from Satoshi’s creation have remained relevant during the last three years.

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Cameron Winklevoss On Why Bitcoin and Ethereum Are Organic Forms Of Money

Although Bitcoin, Ether, and other digital assets are known as forms of crypto-currency, many inside and outside the field disagree about the “currency” part. Some call these digital assets a “store of value” and others just refer to them as worthless speculation vehicles.

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Bitcoin is Worthless in Long-term, Says Veteran Stock Analyst

Bitcoin may have rallied better than global stocks in 2020, but a veteran analyst still looks at the cryptocurrency as an asset without any value. James Royal, senior reporter for investing and wealth management at Bankrate – a New York-based financial advisory portal, called Bitcoin worthless in the long-term because it does not generate cash flow […]

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Use of Bitcoin and Other Cryptos Remain Dominant in Venezuela as the Bolivar is Deemed Worthless

Venezuela is in economic turmoil, and as monetary inflation proliferates, the Bolivar is becoming increasingly worthless. As a result of all these challenges that the Latin American country is faced with; its citizens have turned to cryptocurrencies to save the day.

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Bitcoin Options Open Interest Reaches $2B — Should BTC Traders Worry?

Open interest on Bitcoin options reached $2 billion but should traders be worried that the majority of August options appear worthless?

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Kim Dotcom Predicted Bitcoin’s Rise Two Years Ago

He also warned that the U.S. dollar would become worthless.

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McAfee Attacks Bitcoin Again, Calls it An ‘Old and Worthless Coin’; Downplaying His $1M Bet?

John McAfee, the antivirus tycoon, and fugitive presidential candidate has been known as the controversial king mainly because of his lifestyle and bold tweets. Once a big-time Bitcoin proponent who claimed that Bitcoin would reach a value of $500,000 dollar per coin, but lately, he has been launching scathing attacks against bitcoin. In response to […]

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John McAfee Says Bitcoin Is an Old, Tired, Worthless Coin That Would Never Hit $1 Million As He Predicted

John McAfee’s “Special Meal” Awaits in December, Unless Bitcoin Hits $500,000. But at a little over $9,000 in Q2, his target for Bitcoin is way off and now that it is time to pay the piper, the renowned bitcoin/crypto advocate is changing his tune.

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Someone Just Placed a Massive 18 million BTC Buy Order to Prevent Bitcoin From Crashing to Zero

When it comes to cryptos, Bitcoin is considered the king, and respectfully so. However, there have been talks especially by anti-Bitcoin people who think Bitcoin could one day become worthless. One of these people is the gold bug Peter Schiff who claims Gold is much more poised to win as a store of value than […]

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A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless

Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours.

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The $90 Million Bitcoin Pizza Story Has an Unexpected Silver Lining

Ten years ago yesterday, programmer Laszlo Hanyecz paid 10,000 Bitcoin for two Papa John’s pizzas in a trade that took place publicly on the Bitcoin Talk forum.  At the time, the transaction was largely laughed at — who would want some worthless internet coins for two steaming hot pies worth $30-40 in aggregate? But, as...

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John McAfee Praises Ethereum, Monero, And DAI While Branding Bitcoin As ‘Worthless’

Famed computer programmer John McAfee believes the top cryptocurrency is basically worthless. He said this on Twitter a few hours ago while applauding ethereum, DAI, and Monero. As you may remember, McAfee was once a staunch bitcoin advocate before doing a 180 on the king of cryptocurrencies.

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John McAfee Calls Bitcoin (BTC) 'Worthless,' Shows Support for These Three Cryptocurrencies

The man who predicted that Bitcoin (BTC) could reach $1 mln in 2020 is now calling the cryptocurrency that started it all 'worthless'

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Peter Schiff on Bitcoin Halving: Half of Nothing Is Still Nothing

Bitcoin becoming more scarce doesn't change the fact that it's worthless, according to gold bug Peter Schiff

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TV Host Refusing Free 100 Bitcoin Because It’s Worthless Is Hypocritical

TV host in China refused to accept bitcoin for free in 2014. Five years later, he refused again. Bitcoin performs better than fiat currency. The post TV Host Refusing Free 100 Bitcoin Because It’s Worthless Is Hypocritical appeared first on CCN.com

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Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions

Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless.

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Bitcoin’s value proposition bolstered as China sees sudden bank run

For much of Bitcoin’s 11-year lifespan, it has been laughed off as nothing more than an experiment— a worthless form of “magical internet money” for those on the fringe. But, according to a number of industry commentators, the cryptocurrency’s value proposition was just bolstered with news that a Chinese bank has been subject to what […] The post Bitcoin’s value proposition bolstered as China sees sudden bank run appeared first on CryptoSlate.

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Not All Altcoins Are Rekt: These 5 Cryptos Have Given 3-13x ROI in 2019

Bitcoin has forever been the undisputed king of the decentralized digital economy. Granted, the rest of the pack lags far behind both in terms of popularity and market cap, but that certainly doesn’t justify the ridicule altcoins are often subject to.

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