2020-4-5 11:45 |
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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Bitcoin becoming more scarce doesn't change the fact that it's worthless, according to gold bug Peter Schiff
2019-12-17 21:08 | |
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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
2019-11-28 18:00 | |
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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.
2019-11-13 20:30 | |
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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.
2019-11-3 01:57 | |
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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.
2019-10-13 12:26 | |
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The former CEO of one of the top Swiss banks has criticized negative interest rates adding that it means money has become worthless. His comments come at a time when countries across the globe are feeling an economic squeeze and their central banks are resorting to drastic measures.
2019-10-10 14:00 | |
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A recent article from The Motley Fool cites several of the ugly aspects of the cryptocurrency industry of “proof” the tech is ‘worthless’. The article opens up with the tale of Long Island Iced Tea Corp.
2019-7-7 12:08 | |
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By CCN: Bitcoin is a worthless sham that’s only useful for facilitating crime, and the public must be warned about the full spectrum of the crypto-sphere’s sleaziness. That’s the opinion of attorney John Reed Stark, a cybersecurity expert who worked for 20 years at the SEC’s enforcement division.
2019-6-3 02:30 | |
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By CCN: Billionaire bitcoin skeptic Mark Cuban torched the Securities and Exchange Commission as “useless” bureaucrats who bring “ridiculous” lawsuits against investors to justify their worthless existence.
2019-5-30 20:15 | |
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‘Shark Tank’ investor, Kevin O’Leary, has been dialling up the FUD, calling Bitcoin ‘garbage’ on CNBC’s Squawk Box. He felt the need to interject his comments during a segment discussing potential reasons for Bitcoin’s recent rally.
2019-5-15 18:00 | |
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Kevin O’Leary has stated that Bitcoin is “garbage” , a “digital game”, and ultimately, “worthless”. The Shark Tank investor attacked Bitcoin and the rest of the crypto industry largely based on the current volatility of digital assets.
2019-5-15 02:00 | |
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By CCN: A single address has sent over 674,000 transactions on the Bitcoin Cash blockchain. The address was just created last month, on April 9th, and is one of a handful of addresses that account for the vast majority of transactions on the fourth-largest cryptocurrency’s blockchain.
2019-5-10 23:00 | |
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Bitcoin perma-bull Mike Novogratz clashed with avowed crypto-hater Nouriel Roubini at the 2019 SALT tech conference in Las Vegas on May 8. During a panel discussion about digital currencies, Roubini once again trashed crypto as a massive “bubble.
2019-5-9 02:00 | |
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Venezuela has seen its national currency become practically worthless after undergoing one of the worst economic crisis in history. The inflation is all-time high – all the essential goods such as medicines and even toilet papers have soared in value.
2019-5-2 16:29 | |
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A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed.
2019-4-16 23:28 | |
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The bitcoin price is going to “collapse” soon despite the latest rally because cryptocurrencies are worthless. That’s the opinion of Peter Mallouk, the president of Kansas investment firm Creative Planning.
2019-4-3 19:40 | |
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The bear market could signal the end of several cryptocurrency projects, claims an industry expert. The CEO and founder of Digital Currency Group and Grayscale Investments, Barry Silbert, said that the majority of cryptocurrencies would eventually be worthless except Bitcoin, reported CNBC on Feb.
2019-2-15 15:59 | |
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Hard hit by hyperinflation, an increasing number of Venezuelan citizens are now turning to Bitcoin to preserve the value of their money. It’s a desperate measure triggered by a desperate situation as the downward spiraling domestic economy renders the country’s sovereign fiat Bolivar practically worthless.
2019-2-15 15:39 | |
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Cobra is a code name for the co-founder that is responsible for developing Bitcoin. org and Bitcointalk. org. However, true to his name, it looks like he is “shedding”” his views on Bitcoin Cash, returning to his original stance – “Bitcoin Cash is dead.
2019-2-7 23:57 | |
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Bitcoin Cash — мертвый и ненужный, считает сооснователь Bitcoin. org и Bitcointalk. org Cobra. Он специально называет пятый по капитализации альткоин «BCash», мешая таким образом ассоциировать с криптовалюту с биткоином и раздражая основного сторонника этого проекта Роджера Вера.
2019-2-7 18:30 | |
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Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency is being rendered worthless.
2019-1-24 07:59 | |
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Peter Brandt famously predicted last year’s Bitcoin and crypto price plunge before it happened. In his January 2018 tweet, he warned traders about the imminent crash: In his yesterday’s tweets, he gave a short analysis of XLM and XRP price actions, calling XLM “bascially worthless” This chart is in contradiction with the price forecasts made […] The post Famous trader on Twitter: Stellar (XLM) is “basically worthless” while Ripple’s XRP is getting ready for a big move appeared first on CaptainAltcoin.
2019-1-23 01:12 | |
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Bitcoin Cash, the altcoin created after Bitcoin’s fork in 2017, could already be in the process of dying. So said Cobra, the controversial and anonymous creator of Bitcoin. org and Bitcointalk.
2019-1-20 07:22 | |
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You might remember Wong Ching-Kit, the self-styled Bitcoin ‘millionaire’ behind last month’s outlandish publicity stunt, which saw thousands of dollars rain from the sky in one of Hong Kong‘s poorest neighbourhoods.
2019-1-7 16:57 | |
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Skeptics and critics have continuously attacked Bitcoin as worthless and a useless speculated object backed by nothing. I once came across one Bitcoin investor who out of frustration of losing all his investment sided with the popular line by critics that “Bitcoin is worth nothing and Backed by nothing.
2019-1-3 00:23 | |
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Once known for his extreme pro-Bitcoin views, Calvin Ayre recently come forth and said that he now believes BTC is on its way to touching $0 sometime during 2019. Elaborating further on his comments, Ayre went on to say that the premier altcoin is essentially “worthless” and that moving forward Bitcoin Cash SV will be […]
2018-12-18 19:11 | |
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Calvin Ayre, founder of Bitcoin Cash and leading figure of the newly formed fork BTC Satoshi Vision, says the real bitcoin, the bellwether cryptocurrency will become worthless in 2019. In an interview with Express.
2018-12-18 03:33 | |
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There are those who argue that cryptocurrency does not any inherent value, but the counter to that is that paper money is valueless as well. The latter argument may not be viable though, especially because fiat currencies are “backed” by the government.
2018-12-14 20:45 | |
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When Bitcoin was peaking, some people got overhyped about all of its potential. Now, the biggest (and possibly the worst) Bitcoin bet is about to expire and become simply worthless. This option was purchased by almost $1 million USD on LedgerX when Bitcoin was at its top. The call was that it would reach the […]
2018-12-8 01:24 | |
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Cryptocurrency asset manager Morgan Creek Digital is betting $1 million that its crypto fund will outperform the S&P 500, calling the challenge Buffett Bet 2. 0 to mimic the billionaire investor’s famous bet.
2018-12-7 06:30 | |
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The trend of miners shutting down operations has sparked fears Bitcoin may enter a “mining death spiral,” essentially making the network worthless.
2018-12-4 13:44 | |
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Marketwatch published an op-ed by Atulya Sarin, a professor of finance at Santa Clara University. In this biased and error-packed piece, professor Sarin bases his bitcoin is soon to be dead assumption on the decreased mining profitability.
2018-12-4 23:40 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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The U. S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities.
2018-9-13 08:10 | |
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The Financial Industry Regulatory Authority (FINRA), a non-profit watchdog for public brokerage firms in the U. S. , has had its first run-in with the cryptocurrency industry.
2018-9-12 21:15 | |
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Institutional investors are set to take over the cryptocurrency market and use offshore deposits as a means to protect themselves against financial calamity, according to the 2018 Cryptoasset Market Coverage Initiation Report by Satis Group.
2018-9-1 18:09 | |
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Jordan Belfort has some word of advice for crypto investors. “Just f*ckin run. ” Belfort ran an over-the-counter brokerage house on Long Island called Stratton Oakmont and pleaded guilty in 1999 to manipulating investors into buying stocks that eventually turn out to be worthless.
2018-8-27 20:05 | |
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Looking at the list of Ethereum based tokens recently is quite a depressive task. Many of these tokens have sunk far from their all time highs as experienced at the start of the year, with many now on a trajectory towards new all time lows.
2018-8-23 17:00 | |
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Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA.
2018-8-16 00:26 | |
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Entrepreneur and MegaUpload creator Kim Dotcom has repeated his belief in Bitcoin over fiat currency, telling fans directly to “buy cryptocurrency. ” Dotcom: Crash ‘Is Coming 100 Percent’ In a series of tweets August 12, Dotcom, whose Bitcache project incorporates a Bitcoin wallet, warned over US national debt and the need to avoid the dollar.
2018-8-15 08:00 | |
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Some experts, including CEOs and Wall Street heavyweights, say the digital currency has run its course. Berkshire Hathaway’s Charlie Munger has called bitcoin “worthless, artificial gold,” adding that it’s “not something I think the world needs.
2018-7-31 08:40 | |
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The ideology of Bitcoin maximalism is heavily contested in the cryptocurrency community, with many seeing an aversion to altcoins as a stigma from the bygone Bitcoin-centric market. However, an investing legend from legacy markets has taken a stand as a fighter for Bitcoin, and Bitcoin only, claiming that most other cryptocurrencies are worthless.
2018-7-28 10:47 | |
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The Sad Truth: Majority of Bitcoin Transactions are Worthless It turns out most of Bitcoin’s transactions don’t really do anything. About two-thirds of transactions made with the cryptocurrency are not for anything specific, meaning the exchanges have nothing to do with trading, buying or selling goods. A large number of actions taken by coin holders […]
2018-7-26 21:15 | |
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Even with the recent bitcoin price slump, crypto doomsday predictors such as Nouriel Roubini and his colleagues are determined to make sure the entire digital currency markets never moon again. In the latest development, more renowned economists have argued that governments’ harsh regulatory policies on cryptos would make bitcoin and other cryptocurrencies worthless soon.
2018-7-13 21:00 | |
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One of the biggest obstacles to crypto’s mainstream acceptance as currency is the volatile pricing. Bitcoin, for example, ranged in price from $6,000 to $17,000 in 2018 alone. Nobody wants to spend 10,000 seemingly worthless crypto tokens on a couple of pizzas one day, only to see the price jump to a value of over […] The post What Are MKR and DAI? Introduction to Maker appeared first on Crypto Briefing.
2018-7-12 19:25 | |
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Hyperbitcoinization is a term that was first coined in 2014 by Daniel Krawisz in a Satoshi Nakamoto Institute article. The term, somewhat overblown, refers to a state where bitcoin takes off and effectively replaces legacy currencies.
2018-7-8 22:51 | |
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Over the past year, there has been a lot of forked coins based on the Bitcoin Core (BTC) codebase in various forms and with all types of interesting names. There are anywhere between 40-70 forked coins in the ecosystem that are worth a few bucks, while some of them are worthless and not worth the […] The post A Look at the Long and Annoying Process of Claiming Bitcoin Forks appeared first on Bitcoin News.
2018-7-8 01:40 | |
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2018-7-5 07:14 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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