Billionaire Investors Trash Bitcoin Despite Recent Uptrend.

Bitcoin has no intrinsic value, and those who invest in it only do so in the belief that they’ll find a greater fool who’ll buy it at a higher price. This is according to billionaire investor Howard Marks who in a recent interview tore into Bitcoin, stating that it does not have any substance. His […] origin »

This Week in Crypto: July 20, 2018.

This week in crypto, more patents were filed, the US House held another crypto hearing, and Steve Bannon wants to make a coin. The post This Week in Crypto: July 20, 2018 appeared first on CoinCentral. origin »

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Crypto Media: What We’re Reading This Week.

Mainstream media, financial bigwigs, and Congressman Brad Sherman never tire of eye-popping displays of moral sanctitude as they proclaim Bitcoin to be a digital pyramid scheme; the scam of the century; something that needs to be outlawed to protect the ‘kidz’. origin »

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Island of Soundness: Steady Coins Keep Drawing in Big-League Investors.

As per its name, stable coins are designed to keep their price fixed, making them immune to manipulation trading. On a smaller scale, stable coins allow casual investors to trade seamlessly, swiftly transferring money between crypto exchanges and bypassing conventional, time-consuming bank wire transfers — many cryptocurrency exchanges do not support fiat at all, making origin »

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Money related Trade Considers Blockchain Can Keep Online Barters Fair.

A state-backed financial asset exchange in China’s Chongqing city is turning to blockchain to make online auctions tamper-proof and transparent. According to a patent application filed in December and revealed on Friday by the China State Intellectual Property Office, the Chongqing Financial Asset Exchange (CQFAE) is exploring how to create a system that allows multiple parties origin »

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Amidst Bear Market, Crypto Miners Repurpose Mining Equipment.

A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto. origin »

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Money in Government and Religion.

When dealing with your personal finances, how often do you involve religion in your calculations? I imagine the answer will be different for everyone and will likely vary from “every time” to “never” depending on your background, chosen lifestyle or where you live. origin »

Bitcoin is “Not an Investment,” Will Be “Shown Not to Have Any Substance,” Says Howard Mark.

Howard Mark, a billionaire investor recently cast aspersion on Bitcoin, that it is “Not an Investment,” and will be “Shown Not to Have Any Substance.” Howard Mark an American investor and writer, a billionaire and the co-founder of Oaktree Capital Management, stated this at the eight annual CNBC and Institutional Investor Delivering Alpha conference in […] The post Bitcoin is “Not an Investment,” Will Be “Shown Not to Have Any Substance,” Says Howard Mark appeared first on ZyCrypto. origin »

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