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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 […] дальше »

2021-10-14 01:47


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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. дальше »

2021-10-12 17:53


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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. дальше »

2021-10-9 21:38


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Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless

The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless. ” He noted that if “cryptocurrency can facilitate transactions that are difficult to make in conventional currencies, then they will have a purpose and might circulate alongside the nation-backed currencies. дальше »

2021-5-27 02:00


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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 […] дальше »

2021-5-1 07:30


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 […] дальше »

2020-9-4 14:00


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 […] дальше »

2020-7-20 18:07


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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 […] дальше »

2020-7-9 21:46