2021-5-8 20:00 |
Bank of England Governor Andrew Bailey has warned the British investment public not to be caught up in the current cryptocurrency hype adding that crypto investors should be prepared to lose all their money. origin »
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Crypto Has No Intrinsic Value The Bank of England (BoE) Governor Andrew Bailey reiterated his earlier remarks that crypto investors should be prepared to lose all their money, per CNBC reports. According to Bailey, crypto-assets generally do not have any intrinsic value, and their value proposition is zero.
2021-5-8 20:36 | |
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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 […]
2021-5-1 07:30 | |
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A recent study by Nature Communications brought to light how China’s Bitcoin mining threatened the global climate change targets and sabotaged the mining hub's plans of achieving carbon neutrality.
2021-4-12 16:00 | |
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Losing money while trading cryptocurrencies is nothing surprising or new, and every trader learns that sooner, rather than later. However, for a project to lose $31 million worth of crypto a day after launch is scandalous, at best.
2021-3-7 14:18 | |
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Gabriel Makhlouf said investors are likely to lose their entire investment as Bitcoin and other cryptocurrencies go to zero. The post Ireland Central Bank governor says Bitcoin investors are going to lose ‘all their money’ appeared first on CryptoSlate.
2021-2-2 23:34 | |
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Central bank members are back with their warnings regarding Bitcoin and cryptocurrencies. Much like any other time, the warnings remain the same — be prepared to “lose all their money” for crypto investors.
2021-1-30 18:05 | |
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The head of the Irish Central Bank Gabriel Makhlouf is worried that people who invest in Bitcoin could end up losing all their money. However, Gabriel Makhlouf was quick to note that Bitcoin isn’t a direct threat to financial stability.
2021-1-30 15:16 | |
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Although major entrepreneurs have shown their support for Bitcoin, regulators, at least in Ireland, seem to have taken a step away from the asset. According to the governor of the Irish central bank, The post Central Bank of Ireland Guv: Bitcoin investors could lose ‘all their money’ appeared first on AMBCrypto.
2021-1-30 02:30 | |
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Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability.
2021-1-29 16:36 | |
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The end of 2020 and the beginning of 2021 have already proved to most skeptics, that Bitcoin and the cryptocurrency market, in general, continue to grow steadily. Despite the BTC price correction that began with the arrival of 2018, an increasing number of people are now not only consciously returning to the industry, but also … Continued The post How to Choose a Good Service for Storing Cryptocurrencies and not Lose Money appeared first on BeInCrypto.
2021-1-28 10:45 | |
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The Financial Conduct Authority (FCA) has issued a statement warning cryptocurrency investors that “they should be prepared to lose all their money. ” The news hit right after HSBC, a British multinational investment bank, announced that local cryptocurrency traders and investors would no longer be allowed to transfer funds between their accounts and cryptocurrency exchanges.
2021-1-11 20:46 | |
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The regulator issued the warning shortly after crypto markets took a hit on Monday. The post Here’s why the UK financial regulator said crypto investors can “lose all their money” appeared first on CryptoSlate.
2021-1-11 19:07 | |
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A standard investment disclaimer — be prepared to lose all your money when investing in crypto. The post UK’s Financial Watchdog Issues a Crypto Warning; HSBC & Other UK Banks Blocking Transfers first appeared on BitcoinExchangeGuide.
2021-1-11 18:05 | |
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The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."
2021-1-11 13:22 | |
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While tZERO’s net revenues have nearly doubled year-over-year, Overstock’s fledgling security token exchange is still far from profitable.
2020-10-31 08:16 | |
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Decentralized finance (DeFi) has been thrust further into the spotlight in recent days, but unfortunately, it has been for all the wrong reasons. As fate would have it, BeInCrypto had the chance to speak with SEC Commissioner Hester Peirce just before the SushiSwap scandal on a range of topics, including DeFi.
2020-9-8 18:57 | |
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One of the big reasons for the bloodshed in the cryptocurrency market is the flow of money out of the decentralized finance (DeFi) sector, which, as a matter of fact, was overdue. On Wednesday, the total value locked in DeFi hit a record of $9.
2020-9-5 17:10 | |
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Penny stocks are often being vilified on Wall Street and in many traditional financial media outlets. Movies such as The Wolf of Wall Street also reinforce the stereotype that penny stocks are bad, that you’ll lose all your money, and that you’ll only make an unscrupulous snake oils salesman rich.
2020-8-20 17:01 | |
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The world economy is in shambles. Governments, especially the US government, are printing billions in fiat money every other month. With this going on, fiat currency is going to lose a significant fraction of its value in the near future.
2020-8-14 20:16 | |
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Inflation-adjusted yields on all U.S. treasury bonds are now negative as the Fed is widely believed to be propping up markets.
2020-7-24 15:54 | |
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With more investors entering the cryptocurrency and Bitcoin marketplace, it’s never been more important to have a clearly defined game plan so you don’t lose money. The good news is that it’s simpler than ever to invest in digital assets these days, but there are still some key factors you need to consider before you […]
2020-6-25 23:32 | |
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Investors shouldn't buy an oil ETF like USO with the intention of holding it over the long-term as they could suffer huge losses. The post Investors Who Buy This U.S. Oil ETF Are About to Lose a Lot of Money appeared first on CCN.com
2020-4-22 22:05 | |
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With interest rates plummeting below zero and the central banks printing money like crazy, it is believed bitcoin is finding new users in those looking to escape the uncertain financial system. These new investors are apparently using BTC as a safe haven as their confidence in the traditional market wavers. With money continuing to lose […]
2020-4-20 15:31 | |
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Brokers and biased reviewers will use vague and complex language on purpose, to confuse you into thinking what they want to think. However, even though the topic is serious as you can lose or gain money, it is not as complex as they want it to seem to you.
2020-3-26 04:48 | |
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The Bank of England governor-designate earned himself a place in Bitcoiners’ hall of shame alongside Peter Schiff and Warren Buffett. Bitcoin has “no intrinsic value,” he said. Anyone who wants to buy it should “be prepared to lose all your money.
2020-3-7 23:00 | |
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Many skeptics have come forward over the years to lambast bitcoin. Some believe it has no value, hence it will eventually collapse. Others believe it is a bubble that is bound to burst and frustrate its investors.
2020-3-6 09:13 | |
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Andrew Bailey has once again cast shade on Bitcoin. The incoming governor of the Bank of England said that those investing in the digital asset should be prepared to lose all their money. Bailey appears to have given the remarks during a Treasury Select Committee hearing with members of parliament today.
2020-3-5 00:05 | |
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Andrew Bailey, the next governor of the Bank of England, warns investors about the pitfalls of Bitcoin (BTC)
2020-3-4 22:13 | |
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Is it easy being a crypto trader? Where should you start? What currency should you choose? All of these questions, we asked crypto trader Scott Melker
2020-2-17 16:04 | |
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There have been significant glitches on several Binance order books, with the lag causing many users to lose money on trades. Some of the biggest losses were seen on the...The post Binance Burns Traders after FC Barcelona’s Crypto Endorsement appeared first on Crypto Briefing.
2020-2-13 17:30 | |
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Dak Prescott is a complete fool if he thinks he deserves Patrick Mahomes-level money. He bet on himself; he may be about to lose big-time. The post Dak Prescott Is a Fool If He Thinks He’s Worth Mahomes Money appeared first on CCN.com
2020-2-11 16:57 | |
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Cloud Token which collapsed back in October 2019 has drafted new contracts that might see its investors lose more money as opposed to being reimbursed. The project turned out to be another ‘Ponzi’ within the crypto industry following payout defaults last year as stipulated in their agreement with investors.
2020-1-23 00:31 | |
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The Chinese government is taking its regulatory hammering one step further by closing down unofficial Weibo channels that facilitate OTC trading between retail investors. According to Bloomberg, many Chinese investors held their money on exchanges such as Binance, OKEx, and Bitsoda and stand to potentially lose their holdings depending on regulation, November 27, 2019.
2019-11-28 14:00 | |
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It’s easy to lose your digital money if you are not consciously doing things. Unfortunately, in the world of Bitcoin and other cryptocurrencies, incidents such as Bitfinex or MtGox are nothing new.
2019-11-18 00:16 | |
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eToro, the global social investing platform, just launched its innovative “CopyTrading” feature for U. S. users. It will allow the app’s 11 million accounts to automatically copy the moves of top securities traders.
2019-10-31 00:00 | |
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Coinspeaker Facebook’s Libra Head David Marcus Cautions US on China’s Win if Libra FailsDavid Marcus hinted that the U. S. will lose its leverage in controlling the global money supply to China if Facebook's Libra is derailed.
2019-10-23 12:19 | |
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The financial hit that billionaire money manager Ken Fisher is taking after making sexist remarks at an industry event is growing by leaps and bounds. Currently, Fisher Investments is on track to lose over $1.
2019-10-21 09:30 | |
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Market analyst Philip Swift explains how blockchain data helps traders spot Bitcoin highs and lows for making wiser investments
2019-10-16 18:58 | |
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Day trading, particularly Bitcoin, is a false promise of “easy money” for many reasons
2019-9-25 16:49 | |
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Developers disclosed a security hole in various versions of bitcoin's Lightning Network software that could cause users to lose money.
2019-9-11 00:15 | |
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There has been much discussion and drama around Ripple’s digital currency XRP being a security. The debate has raged for years that spilled out into the courts as XRP holders sue Ripple as they lose money after the price of the digital asset dropped.
2019-8-28 17:09 | |
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If something sounds too good to be true, it?s a good sign that you might lose all your money
2019-8-14 17:00 | |
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It has become increasingly easy to spot cryptocurrency-related websites which are a front for a scam. In the case of BitcoinCashTradingLimited, it is not hard to see what is going on exactly. Anyone investing in this company will lose their money, as there are far too many red flags to ignore.
2019-7-22 00:00 | |
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Are you struggling to make money trading bitcoin on a consistent basis? If you answered with a resounding “Yes!” you are not alone. Despite what they might claim on Twitter, virtually everyone fails at trading.
2019-7-21 17:30 | |
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A retired couple in Australia have reportedly lost $900,000 to an elaborate cryptocurrency scam. Mike and Karen Taylor were traveling around Australia in a camper van when they fell for the online scam.
2019-7-19 16:46 | |
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Binance is introducing margin trading for their customers. Data shows that more than 90 percent of traders lose money and it would be worse in crypto. The post Critic: Margin Trading Is Gambling For Suckers appeared first on Ethereum World News.
2019-7-13 16:00 | |
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There is one reason not to invest in Ponzi schemes: you will be scammed. Sure, you can believe that you will have a degree of success in case you go in and get out pretty quickly, but the truth is that you will generally only lose money. This is exactly what happened to the investors […]
2019-7-9 00:09 | |
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Losing money hurts a lot. When you lose it because you made a bad investment is already pretty awful, but when you are scammed, it hurts even more. Now, if the thieves actually text you to explain that they robbed your money, well, that’s just a tragedy. This is what happened to an Australian couple […]
2019-7-5 23:40 | |
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Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union’s securities, banking, and insurance watchdogs said in a joint statement (pdf).
Binance announced yesterday it deployed Ciphertrace’s Traveler system as part of its compliance efforts. Traveler is the first system designed for exchanges to comply with the Travel Rule proposed by the Financial Action Task Force.
Finanstilsynet, Norway’s financial regulator has warned investors to be wary of the risks associated with crypto investments. The warning comes as cryptocurrency prices continue to decline with Bitcoin sipping below $30,000 for the first time in six months.
As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of the country’s Financial Services Commission (FSC).
The Central Bank of Sri Lanka (CBSL), has issued a warning to the general public about the risks involved in cryptocurrency investments. CBSL Calls Crypto Investments Risky The CBSL gave the warning via a notice published on its official page on Friday (April 9, 2021).
The Economic Offences Wing (EOW) of the Tamil Nadu Police has issued a warning against cryptocurrency dealings. Trade Cryptocurrency at Your Own Risk In a press release, the Tamil Nadu Police EOW advised residents of the state not to get involved in cryptocurrency transactions owing risk of fraud and other criminal activities.