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Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost
Bitcoin’s recent spike above $9000 has been the talk of the town, with several analysts and proponents of the cryptocurrency vouching for its revival. In a series of tweets, Alex Kruger, a popular economist, spoke about the entry of institutions into the Bitcoin ecosystem and how the switch from retail investors was beneficial to the […] The post Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost appeared first on AMBCrypto. дальше »
2019-6-17 11:30 | |
Morgan Stanley Cries Wolf on ‘June Gloom’ Economy Outlook
By CCN Markets: Morgan Stanley economist Ellen Zentner told clients today that June may be a rough month in the economy, going so far as to suggest “June Gloom” is looming. This comes on top of a similar warning two weeks ago from the very same Wall Street firm. дальше »
2019-6-14 02:45 | |
Is Bitcoin “A Hedge Against Global Instability”? Economist & Trader says “NO” But is He Right?
While Bitcoin is up over 5% touching $8,200, the world share market has snapped its seven-day winning streak as the White House took a tough stance on trade talks with China. No visible rise in US inflation meanwhile is keeping up the talks of an early cut in interest rates. Global Market Drops while Bitcoin […] дальше »
2019-6-13 23:01 | |
Bank Of England Chief Economist: Crypto Has “Huge Potential”
As international guidelines surrounding crypto take shape, a senior economist at the Bank of England (BoE) has reiterated the institutions’ commitment to supporting the development of digital assets. дальше »
2019-6-10 17:51 | |
Putin And The Kremlin Looking To Invest Heavily In Blockchain And AI
The Russian economist, Vladislav Ginko, is well known for his past bold claims concerning Russia’s interest with Bitcoin. Recently he rushed to twitter exclaiming: “BREAKING: Putin aims to heavily increase investments into new technologies including. дальше »
2019-6-5 15:00 | |
Prominent Crypto Analyst: China’s Baidu Search Interest in Correlation with Bitcoin Price Rise
The Chinese government may have stifled crypto companies, but that has in no way stopped the people of China from investing in Bitcoin (BTC). Alex Kruger, an economist and cryptocurrency trader, did some research on the BTC market and concluded that the theory that China may have caused some of the surge in BTC price […] дальше »
2019-6-4 19:27 | |
China’s Baidu Search Trends Collide with Bitcoin’s May Bull Run
By CCN: China may have cracked down on cryptocurrency companies, but that’s not stopping the local population from pursuing bitcoin as an investment. Economist and trader Alex Kruger did the research and found that there may be some truth to the theory that China fueled much of the gains in the BTC price last month. дальше »
2019-6-4 05:30 | |
Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »
2019-6-4 19:03 | |
Dow Crash Ridiculously Unlikely – JPMorgan Economist Reveals Why
By CCN: The Dow Jones lost nearly 1,000 points last week, but the stock market bellwether made a tepid recovery on Monday. At last check, the DJIA had gained 24 points or 0. 1% to climb back to 24,839. дальше »
2019-6-4 18:57 | |
Morgan Stanley Fears Trade War Recession in 2020 as Stock Market Burns
By CCN: Morgan Stanley’s chief economist expects a global recession in three quarters if the trade war escalates, CNBC reported Sunday. In May Donald Trump hiked tariffs on Chinese imports from 10% to 25%. дальше »
2019-6-3 10:56 | |
Everyone’s Hodling Bitcoin: Only 1.3% of Transactions are Payments in 2019
By CCN: Research by Chainalysis finds that only 1. 3% of bitcoin transactions so far in 2019 came from merchants. The remaining 98. 7% of volume is all on the exchanges. That means almost no one is using bitcoin to buy things. дальше »
2019-6-2 18:18 | |
Crypto Psychology: How Ticker Names Affect Profitability
Nobel prize-winning economist Daniel Kahneman is often considered one of the father’s of behavioral economics. A study carried out by CrypoDatum. io integrates Kahneman’s ‘cognitive ease’ thesis with cryptocurrency ticker to show the impact they have on price and profitability, May 30, 2019. дальше »
2019-6-1 19:00 | |
Op Ed: Debunking Bitcoin Myths: The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-6-4 23:41 | |
Op Ed: Debunking Bitcoin Myths, The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-5-31 23:41 | |
Famous Economist: Trade War Could Be Trump’s Shining Reagan Moment
By CCN: President Trump has at least one renowned economist in his corner. Mohamed El-Erian is placing Donald Trump in the same category as America’s beloved Ronald Reagan. In an interview with CNBC, El-Erian, who is among the more open-minded economists out there, approached the trade war from a different vantage point. дальше »
2019-5-21 20:44 | |
Despite Bitcoin (BTC) Stagnation, Economist Has High Hopes For The Crypto
Bitcoin (BTC) bears slow down In 20-30 years Bitcoin will be money says a BoE Chief Economist Andrew G. Haldane, the Chief Economist of the Bank of England, believes Bitcoin will be money in the next two to three decades. дальше »
2019-5-18 20:00 | |
Bank of England’s Chief Economist Thinks Bitcoin Could Replace Cash
It took bitcoin an 85 percent crash followed by a 135 percent recovery to convince a prominent financial expert about its underlying potential. Andrew G Haldane, the chief economist of the Bank of England, said bitcoin is on its way to replace cash, according to an eyewitness’s account. дальше »
2019-5-18 16:37 | |
Why We Should Never Hope For A Central Bank Of Bitcoin
Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve. Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming ‘too big to bail’? And if so, should we be looking towards a ‘Central Bank Of Bitcoin’ as a solution? Bitcoin economist, Tuur Demeester, explains why he thinks that would Read More The post Why We Should Never Hope For A Central Bank Of Bitcoin appeared first on Bitcoinist.com. дальше »
2019-5-15 10:00 | |
Crypto Is the Mother of All Bubbles, Says Roubini
Nouriel Roubini, an economist notorious for his anti-cryptocurrency stance, recently squared off against Mike Novogratz, ex-hedge fund manager and… The post Crypto Is the Mother of All Bubbles, Says Roubini appeared first on Invest In Blockchain. дальше »
2019-5-10 17:00 | |
Prominent Crypto Economist Tuur Demeester: Price of Bitcoin (BTC) Is Vastly Undervalued Today
The crypto world unanimously celebrated when bitcoin broke above $6,000 for the first time since 2018 a few hours ago. It was a sign that the bear market is finally coming to a close and we can usher in a new wave of progress and adoption. The bear market had been brutal with many firms […] дальше »
2019-5-9 18:37 | |
Nouriel Roubini at Salt Conference in NY: Crypto Is the Mother and Father of All Bubbles
At the Salt conference in New York, economist and notorious cryptocurrency critic Nouriel Roubini said that “cryptos is the mother and father of all bubbles”
дальше »2019-5-9 16:02 | |
Crypto Bubble Vs Bitcoin Miracle: Roubini & Novogratz Square Off at the 2019 Salt Conference
The SALT 2019 Conference in Las Vegas was the stage at which Professor Nouriel Roubini, an economist known as Dr. Doom for predicting the 2008 financial crisis, took on crypto’s darling Mike Novogratz in a debate which ended with the two making a T-shirt bet, reported by CNBC on May 8. дальше »
2019-5-9 15:34 | |
‘Shut Down the Cryptocurrencies,’ Says Nobel Prize Winning Economist Joseph Stiglitz
Despite the growing popularity of cryptocurrencies, there are some people – experts in their fields – who believe that cryptocurrencies are not good enough and should be banned. The latest person to join this school of thought is Joseph Eugen Stiglitz, a recipient of the 2001 Nobel Prize in Economics and a Professor at Columbia […] ‘Shut Down the Cryptocurrencies,’ Says Nobel Prize Winning Economist Joseph Stiglitz was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt. дальше »
2019-5-7 14:29 | |
“We Should Shut Down The Cryptocurrencies”, Says Nobel Prize Winner
Nobel prize-winning economist, Joseph Stiglitz, speaking to CNBC, has made a strong remark against cryptocurrencies, saying that they should… The post “We Should Shut Down The Cryptocurrencies”, Says Nobel Prize Winner appeared first on Invest In Blockchain. дальше »
2019-5-7 11:10 | |
Shutdown Crypto? Just How on Earth Does Joseph Stiglitz Intend to Stop Bitcoin
Celebrated economist Joseph Stiglitz has recently spoken out against cryptocurrencies. The Nobel Prize winner even went as far as to say that crypto needed to be “shut down”. Evidently, Stiglitz doesn’t fully comprehend just what it would take to “shut down” most cryptocurrencies, let alone Bitcoin. дальше »
2019-5-7 00:00 | |
Bitcoin [BTC] and other cryptocurrencies should be shut down, claims Nobel Prize winner Joseph Stiglitz
Joseph Stiglitz, winner of the 2001 Nobel Prize in Economics, is of the opinion that cryptocurrencies should be “shut down. ” While contending that digital payment systems are the way of the future, the economist does not believe that decentralized currency is part of this trend. дальше »
2019-5-7 19:30 | |
This Nobel Prize Winning Economist Wants An End To Cryptocurrencies
Nobel Prize Winning Economist Wants an End to Cryptocurrencies A renowned Nobel Prize-winning economist Joseph Stiglitz has joined the league of those advocating for the shutting down of cryptocurrencies. дальше »
2019-5-6 17:15 | |
LOL! US Nobel Laureate Economist Wants to ‘Shut Down’ Cryptocurrencies
By CCN. com: Nobel-Prize winning economist Joseph Stiglitz believes that cryptocurrencies need to be shut down. Demonstrating precisely zero knowledge of the concept of peer-to-peer networks, he told CNBC that he “actually we should shut down the cryptocurrencies. дальше »
2019-5-6 16:12 | |
Bitcoin [BTC] is susceptible to fraud and unreliable, claims John Hopkins’ economist Steve Hanke
From mulling on interest rates and money supply to hashrates and block sizes, the elite economists have often been at loggerheads with Bitcoin [BTC] and the larger cryptocurrency realm. The traditional market analysts, more often than not, chide decentralized currency as a pipe dream. дальше »
2019-5-5 13:00 | |
Nouriel ‘Dr. Doom’ Roubini is Still a Non-Believer of Bitcoin and Its Crypto Asset Offspring
Nouriel Roubini, a cryptocurrency critic and economist popularly known as ‘Dr. Doom’ is of the stance that cryptocurrency is not money and faces serious limitations in terms of its use, calling cryptocurrency, history's largest bubble. дальше »
2019-5-4 20:09 | |
MIT Crypto Economist Rumored To Be Assisting Facebook with Its Stablecoin Cryptocurrency
Christian Catalini, an economist from the Massachuset’s Institute of Technology (MIT), is rumored to be working at Facebook right now on the creation of Facebook Coin. The rumors were first reported by Coindesk, which interviewed two inside sources who were allegedly in the knowledge of this situation. According to these sources, the MIT economist is […] дальше »
2019-5-4 01:30 | |
MIT Economist Christian Catalini Said to Be Working on Facebook’s Crypto Push
Prominent crypto researcher Christian Catalini is helping Facebook with its stablecoin efforts, two sources with knowledge of the situation tell CoinDesk. дальше »
2019-5-4 23:35 | |
Stunning! Dow Recovers as US Economy Thrives, Adding 263k Jobs
By CCN: The Dow Jones has surged by 0. 8% on the day to 26,517 points after a dip on May 2, which saw the Dow fall to as low as 26,213 points. The unexpected 1. 6% decline in the Dow earlier this week is said to have been primarily triggered by the withdrawal of Stephen Moore from the consideration of being placed on the Federal Reserve Board of Governors. дальше »
2019-5-4 22:30 | |
How Governments Could Kill Cryptocurrency
Economist Saifedean Ammous talks about the effects of banning cryptocurrency, and how governments could kill the industry.
дальше »2019-5-1 20:37 | |
Bitcoin Standard Author Saifedean Ammous Talks About Government’s Crypto Regulation Options
The recognized economist and author of the Bitcoin Standard, Saifedean Ammous, talked with Stephen Livera’s podcast about different subjects that included government regulation, the expansion of virtual currencies and hyperbitcoinization. дальше »
2019-5-1 19:27 | |
Bernie Sanders’ Economic Policy Would Send Population Buying Bitcoin
By CCN: Hold onto your bitcoin. Stephanie Kelton, U. S. economist and senior economic advisor for Bernie Sanders 2020, just declared war on the U. S. dollar, tweeting: “The carpenter can’t run out of inches. дальше »
2019-4-28 21:36 | |
Bitfinex & Tether Respond: We are “Financially Strong”, Will “Fight” NY AG’s “Gross Overreach”
The New York Attorney General Office in a statement on Thursday alleged that Bitfinex lost $850 million and as a coverup used customer and corporate funds from the USDT stablecoin operator Tether. “The issue is not printing tethers to manipulate bitcoin, but Bitfinex having funds “stolen” and then using Tether's funds,” said economist and crypto […] дальше »
2019-4-26 21:04 | |
Dow Surges 125 Points as Trump Savages ‘Stupid’ Paul Krugman
By CCN: The Dow surged by triple digits on Tuesday after Donald Trump slammed “stupid” Nobel-winning economist Paul Krugman, who continues to warn that the U. S. economy is on the brink of recession even as the stock market bounds toward record highs. дальше »
2019-4-24 19:44 | |
Dow Surges 150 Points as Trump Savages ‘Stupid’ Paul Krugman
By CCN: The Dow surged by triple digits on Tuesday after Donald Trump slammed “stupid” Nobel-winning economist Paul Krugman, who continues to warn that the U. S. economy is on the brink of recession even as the stock market bounds toward record highs. дальше »
2019-4-23 19:44 | |
Grassroots Economics Using Community Currency To Help Kenya's Underbanked
Economist Will Ruddick of Grassroots Economics developed the Sarafu Network to allow Kenyans to swap digital currency via a smartphone app. The network is intended to bring financial services to those who traditionally lack access to them. дальше »
2019-4-18 18:19 | |
Erik Voorhees Shares Why Bitcoin (BTC) is the Next Global Recession Exit Valve and Escape Hatch
Many people believe that the global economy is on the verge of collapse. Several credited and established economist back this theory, despite some people affirming that everything is going to be fine and that there is simply nothing to worry about. дальше »
2019-4-17 00:00 | |
An Economist Talks Crypto
Gina Pieters talks about why economists shun the study of cryptocurrency and blockchain technology, how the study of crypto can shed light on government manipulation of exchange rates, and the challenges of working in a male-dominated field. дальше »
2019-4-16 17:55 | |