UBS’ Paul Donovan Claims Bitcoin Is in its Death Throes and Wants it “Buried”

2018-12-2 13:00

In a scathing November 26, 2018, blog post titled “I come to bury Bitcoin, not to praise it,” UBS Group’s Global Chief Economist Paul Donovan has called for the end of the cryptocurrency bubble. Claiming that bitcoin is in its “death throes,” he attempted to reason that a loss of over 80 percent is “not healthy” for any economic asset.

. . . Read More. The post by Rahul Nambiampurath appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News. origin »

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Источник: btcmanager.com

bitcoin ubs → Результатов: 35

Morgan Stanley, UBS on the verge of approving Bitcoin ETF exposure

Morgan Stanley and UBS are actively competing to become the first major banks to offer their clients access to spot Bitcoin exchange-traded funds (ETFs), according to people familiar with the matter.

2024-4-5 02:00	featured
bitcoin ubs stanley morgan spot access clients

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UBS’s Latest Argument Against BTC: “Bitcoin Is Denied to Minority Groups With Reduced Online Access”

UBS just can’t seem to get Bitcoin, and time and again, it tries to come up with some arguments to support their opinion. Earlier this year, UBS’s chief economist said crypto had a fundamental flaw, and it was Bitcoin’s fixed supply.

2021-5-2 15:54	Bitcoin News
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‘I Come to Bury Bitcoin.’: UBS Executive Says Cryptos Will Never Be Currency

Bitcoin has failed in its attempt to be a currency and stands no chance of succeeding in this role in the future. It’s fatally flawed. This is according to Paul Donovan, the chief global economist at the Swiss investment bank, UBS.

2018-12-1 23:43	UBS
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UBS Chief Global Economist Isn’t Buying the Bitcoin Argument

Now in its 10th year of existence, Bitcoin’s journey has been quite the roller-coaster ride. It has gone through Five mind-boggling price slumps decreasing 80 percent or more, it has become the most well-known digital currency in the world, and it continues to dominate the crypto market despite problems with scaling.

2018-11-30 19:59	Bitcoin
bitcoin ubs argument buying chief economist global

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UBS: Bitcoin is far from Replacing the Dollar

Swiss investment bank, UBS, has recently stated that Bitcoin cannot be considered money or a viable asset yet. Furthermore, it is believed that in order for Bitcoin to replace the US currency for global dominance, it will have to reach around $213,000.

2018-8-8 04:00
bitcoin ubs around dollar far replacing seems

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UBS: Bitcoin Is far from Replacing the Dollar

2018-8-8 04:00
bitcoin ubs around dollar far replacing seems

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UBS Says Bitcoin Has a Long Way To Go Before Becoming a Viable Asset Class

Could Bitcoin reach the heights that its proponents have always claimed? The question about the world’s premier cryptocurrency reaching its $20,000 highs of last December is making a comeback with the potential Bitcoin ETF coming to town.

2018-8-3 16:15	Bitcoin
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UBS: Bitcoin Must Reach $213,000 to Surpass US Dollar

Unfazed by Bitcoin’s extended correction, the most devout crypto faithful maintain that Satoshi’s peer-to-peer digital currency may one day replace the dollar. According to UBS, the largest Swiss banking institution in the world, this prophecy won’t come to light any time soon.

2018-8-3 14:00	UBS
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UBS: bitcoin пока слишком нестабилен, чтобы стать основными деньгами

Специалисты инвестиционного банка UBS рассказали, что на сегодняшний день курс bitcoin слишком волатильный, чтобы позволить ему стать полноценной формой денег. Об этом пишет CNBC со ссылкой на доклад финансовой организации.

2018-8-3 13:55	UBS
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Union Bank of Switzerland Says Bitcoin Should Hit $213,000 to Replace U.S. Dollar

According to Union Bank of Switzerland (UBS), Bitcoin's extreme volatility and instability put too much limitations on it to be considered as a mainstream asset class. The post Union Bank of Switzerland Says Bitcoin Should Hit $213,000 to Replace U.S. Dollar appeared first on CoinSpeaker.

2018-8-3 12:35
bitcoin union switzerland bank replace dollar says

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Swiss bank UBS: bitcoin is not comparable with fiat

The Swiss financial UBS holding again came out to criticize bitcoin, while acknowledging that in the future bitcoin will be able to replace fiat currencies, but currently bitcoin does not fit this role.

2018-8-3 11:20	News
bitcoin fiat swiss ubs able role future

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UBS: Bitcoin Is As well ‘Temperamental and Constrained’ to Capacity as Cash

Investment bank UBS thinks bitcoin is neither money nor a viable asset class – not yet at least. Published by UBS strategists, the report concludes that bitcoin “falls short of criteria that need to be satisfied to be considered money.

2018-8-3 11:05	UBS
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UBS: US Bitcoin should attack $ 213000 to change the payment

Zurich-based investment bank and financial services company Union Bank of Switzerland (UBS) has said that the Bitcoin (BTC) price must hit nearly $213,000 to replace U. S. money supply, Bloomberg reported August 2.

2018-8-3 09:26
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UBS:Bitcoin needs to hit $213,000 to replace united states money supply

2018-8-3 07:37
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UBS: Bitcoin Must Hit $213,000 to Replace US Money Supply

Zurich-based UBS has released a report saying that the Bitcoin price must reach nearly $213,000 to replace U.S. money supply

2018-8-3 03:22	Banks
replace money ubs supply 213 must bitcoin

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UBS: Bitcoin Is Too 'Unstable and Limited' to Function as Money

UBS doesn't believe bitcoin constitutes money or a viable asset class yet, but it could in the future.

2018-8-3 00:45	Republished
money ubs bitcoin asset yet viable future

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Top 7 Ways Blockchain Can Be Used to Benefit Capital Markets

Blockchain technology has many benefits that lend themselves nicely to capital markets. As fears of disruption and job losses begin to subside, smart traders and asset managers are waking up to the possibilities.

2018-6-27 20:00
blockchain markets capital technology bitcoin critic ubs

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Топ-менеджер UBS о биткоине

Марк Хэфеле, один из руководителей UBS, сделал заявление, из которого следует, что швейцарский фин. холдинг не планирует инвестировать в первую криптовалюту. Причинами для такой позиции стало полное отсутствие государственного контроля над сферой оборота цифровых валют.

2018-6-22 15:10	Мнения
ubs отметил представитель кроме цифровых контроля над

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UBS CEO Claims Blockchain Is an Opportunity for Businesses

UBS Group CEO Sergio Ermotti is not a fan of cryptocurrencies. However, he said that blockchains could be used to reduce costs in the financial services industry and noted that it could help in improving gross margins.

2018-6-20 23:03	blockchain
could ubs ceo blockchain ermotti help opportunity

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PR: Bloomberg Hosts “The Future of Cryptocurrencies”

On June 29, 2018, Bloomberg will host a half-day, invitation-only "The Future of Cryptocurrencies" event at Bloomberg’s offices in the heart of London, England. The event will focus on the future of cryptocurrencies, where subject-matter experts and leading industry players from the virtual currency market will discuss crypto's regulatory future, the factors driving its volatility and potential trading strategies.

2018-6-20 20:30	UBS
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Blockchain Technology Will Be ‘Obsolete,’ Says Prominent Geopolitical Forecaster

George Friedman, a well-respected Hungarian-born U. S. geopolitical forecaster and strategist on international affairs, believes blockchain technology will eventually become “obsolete” — and he may be right.

2018-6-17 17:00
geopolitical technology forecaster blockchain obsolete friedman explained

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Soaring U.S. Debt Has Potential to Replay U.K.'s 2022 Market Shock, CBO Warns

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Global think tank suggests blockchain in public finance can help reduce fraud

Modernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability.

Russian crypto volume across major exchanges plunges by 50%

Despite an increase in economic sanctions on Russia, the amount of crypto being purchased in rubles across major exchanges continues to fall.

2018-12-2 13:00

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