WHAT COULD BE WORSE THAN A GIANT CRYPTOCURRENCY BUBBLE?

in #cryptocurrency6 years ago

Source: Biz Vlogs

Breaking News !


This bitcoin boom will end in tears – take it from someone with a long career in economics - The Independent

The Independent: Bitcoin shot through the $10,000 (£7,440) barrier on Monday and by the time you read this it has probably gone through $11,000 – the last quote I saw was $10,831.75. So ... make a prediction. A bitcoin is worthless. Its price will crash and everyone ...

Bitcoin 'CRUSHED': Banks 'responsible' for BURSTING crypto bubble but 'hold liquidity key' - Express.co.uk

Express.co.uk: Panos Mourdoukoutas declared that banks could have been responsible for “making the burst worse than it could have been”. He explained: “Bitcoin is crushed, losing 38.10 per cent of its value over a seven-day period. “Ethereum and Ripple are crushed ...

JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up - CNBC

CNBC: JPMorgan Chase CEO Jamie Dimon took a shot at bitcoin, saying the cryptocurrency "is a fraud. ... ... worse than tulip bulbs. It ... end well. Someone is going to get killed," Dimon said at a banking industry conference organized by Barclays ...

Trade war with US could be the tipping point for China's $14 trillion debt-ridden economy - CNBC

CNBC: In January the International Monetary Fund said ... economic growth would top 6.6 percent in 2018, but it could now drop by as much as 0.5 percent if these tariffs are imposed — and it could slow even further if a global trade war truly heats up ...and more ...

Bitcoin: is it a bubble waiting to burst or a good investment? - The Guardian

The Guardian: But as bitcoin hits the stratosphere, there are fears an economic bubble is forming as it becomes treated less like a currency and more like a store of value, open for speculators making ever increasing bets on how far it can rise. Central bankers, who ...and more ...

Ethereum CEO defends cryptocurrency amid claims bubble has burst: 'It's shortsighted' - Express.co.uk

Express.co.uk: He said: “It may be hard to tell because ... so focused on ethereum, ... so focused on building decentralised applications on the ethereum platform and ... so much less focussed on cryptocurrencies like bitcoin. “But I would argue that ... seen ...

Why the Bitcoin Boom Will End in Tears - Observer

Observer: “Cryptocurrency opens the door for revolutionary technological possibilities,” concludes PricewaterhouseCoopers, the international accounting giant. “Collaborative technology, such as ... But you ... have to side with JPMorgan Chase CEO Jamie Dimon ...

Bitcoin 'Bubble Is Necessary' To Test Endurance, Says Hedge Fund Founder Bill Miller - Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News): Bill Miller, multi-millionaire investor and founder of hedge fund Miller Value Partners, shared his positive view on the cryptocurrency market sell-off and talked about why it should not scare investors in a FOXBusiness exclusive interview Feb. 28 ...and more ...

Bitcoin is the greatest scam in history - Recode

Recode: Then, “Be careful, ... gambling.” Then, “Be careful, ... a bubble.” Okay, ... say it: Bitcoin is a scam. In my opinion, ... a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters “pump” up ...and more ...

Bitcoin price surges as futures trading begins, despite bubble warnings – as it happened - The Guardian

The Guardian: More people are reading the Guardian than ever but advertising revenues across the media are falling fast. And unlike many news organisations, we ... put up a paywall – we want to keep our journalism as open as we can. So you can see why we need ...and more ...


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