Tag Archive: bitcoin critics

• Bitcoin, Bitcoin Price, Markets and Prices, News, News teaser

  ‘Nobody Cares About Bitcoin Anymore,’ Claims Article About Bitcoin

  Just as Bitcoin continues to disappoint get-rich-quick investors with another turn towards sub-8000 dollar levels, Bloomberg has suddenly decided that “Bitcoin seems a bit boring” – despite continuing to sensationalize the dominant cryptocurrency by market capitalization on a daily basis. A Real Snoozefest In case you didn’t realize it, Bitcoin is now officially boring — at least, according to mainstream news giant Bloomberg, who has apparently realized that double-digit daily gains in valuation don’t happen

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  Adam James · March 16, 2018 · 12:00 am
• Bitcoin, Bitcoin Acceptance, Bitcoin Investment, News, News teaser, Op-Ed

  See Dick. See Dick Call Bitcoin a Pyramid Scheme. Wrong, Dick. Wrong.

  In an interview with CNBC earlier Tuesday, former Wells Fargo CEO Richard ‘Dick’ Kovacevich denounced Bitcoin as a pyramid scheme. First, it was economist Robert Schiller calling Bitcoin a “bubble”. Then JP Morgan CEO Jamie Dimon added his pontificating opinion to the mix, labeling it a “fraud.” Now it looks like Wall Street talking heads are doubling down on the stupid. Yesterday, in an interview on CNBC’s Squawk on the Street, former Wells Fargo CEO

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  Cynthia Turcotte · January 17, 2018 · 11:15 am
• Bitcoin, News, News teaser

  UK’s Guardian: ‘Mr Money Moustache’ Calls Bitcoin, Gold ‘Waste Of Energy’

  UK newspaper The Guardian has published outright warnings not to invest in Bitcoin or gold, describing them as a “waste of human investment energy.” Bitcoin ‘Like Mr. Money Moustache’s Fingernail Clippings’ In an extensive post arguing that trust principles of fiat currency are superior to decentralized setups in many cryptocurrencies, the blogger known as ‘Mr. Money Moustache’ tells readers purchasing them is “collective insanity.” The post reads: People who think that there’s even a tiny

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  Wilma Woo · January 15, 2018 · 9:00 pm
• Bitcoin, Bitcoin Investment, Bitcoin Price, News, News teaser

  Warren Buffett Still Won’t Admit He Got It Wrong On Bitcoin

  The Oracle of Omaha just doubled down on his Bitcoin predictions, while openly admitting he’s got no idea what he’s talking about. Back in 2014, legendary investor Warren Buffett went on CNBC’s Squawk Box and claimed that Bitcoin was, “a mirage,” warning investors to stay away from bitcoin and, indeed, the cryptocurrency space as a whole. At the time, the digital currency was trading at around $600 per coin. Fast forward a few years (a little

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  Samuel Rae · January 10, 2018 · 5:00 pm
• Bitcoin, Bitcoin Acceptance, News, News teaser

  Jamie Dimon Admits He Regrets Calling Bitcoin A Fraud

  In an interview with Fox Business Network, JP Morgan Chase Chairman and CEO Jamie Dimon admitted that he regrets calling Bitcoin a fraud. The news follows Dimon’s numerous negative comments about Bitcoin in 2017. Speaking to Maria Bartiromo, Jamie Dimon, CEO of JP Morgan Chase, made a partial retraction of his comments regarding Bitcoin, something he had called a fraud. The target of much ire from the crypto community, Dimon’s previous inflammatory comments include such

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  Matthew Tompkins · January 9, 2018 · 1:00 pm
• Bitcoin, Bitcoin Acceptance, Bitcoin Investment, Bitcoin Regulation, News, News teaser, Op-Ed

  Poking Holes in the Latest ‘Bitcoin is a Bubble’ Argument

  The list of experts and talking heads eager to belly up to the bar and spout forth on why Bitcoin is a bubble and we’re all fools for believing in it is, as Goose would say, long, but distinguished. The latest expert to lend his voice to the bubble echo chamber is Columbia University professor Jeffrey D. Sachs. Sachs, who is also a published author and director of the Center for Sustainable Development at Columbia

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  Cynthia Turcotte · January 3, 2018 · 8:30 pm