“Bitcoin Is A Hyped-Up Fraud” — JPMorgan CEO Jamie Dimon Asserts

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FTX, Alameda used Binance as intermediary for their parasitic relationship

In the aftermath of the FTX fallout, Bitcoin saw its price drop to a two-year low of $15,000, the exchange’s native token is on its way to becoming essentially worthless, and stablecoins across the market have been struggling to keep their peg.

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Bitcoin Helps Poor Countries Survive When Government Bonds Are Worthless

What is so important about the gross domestic product to debt ratio and how can bitcoin help the poorest countries avoid another debt crisis?

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UK Inflation Hits 10-Year High After Bank Of England Warns Bitcoin Could Become Worthless

The inflation rate in the UK has risen 5. 1% to hit a 10-year high.   Crypto enthusiasts proffer Bitcoin to hedge against inflation.   The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.

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UK Inflation Hits Highest Level In 10 Years After Bank Of England Says Bitcoin Could Become Worthless

The inflation rate in the UK has risen 5. 1% to hit a 10-year high.   Crypto enthusiasts proffer Bitcoin to hedge against inflation.   The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.

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$4 Billion in Fresh Capital Flows into Crypto; Leverage Markets and OI “Completely Reset”

Meanwhile, Barry Sternlicht of Starwood Capital Group advises “having a little investment in Bitcoin” as “a smart little hedge… because your paper will be worthless” and you don't wanna be upset “if it goes to a million a coin.

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'Inflow season' is here and Bitcoin might soon see new highs because of it

Institutions, to a fair extent, never considered Bitcoin to be a worthwhile investment option during its formative years. It was tagged as a 'showy' and 'worthless' asset at that time. However, the afThe post 'Inflow season' is here and Bitcoin might soon see new highs because of it appeared first on AMBCrypto.

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Barry Sternlicht Says “Gold Is Kind Of Worthless” After Revealing He Owns Bitcoin And Ethereum

Billionaire Barry Sternlicht has referred to gold as being worthless and says its value is minor. He confirms that he owns both Bitcoin and Ethereum while remaining confident in their properties. He joins the growing list of billionaires with an affinity for cryptocurrencies.

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Shiba Inu ‘Has A Much Real Value As Bitcoin’, Staunch Crypto Critic Peter Schiff Avers

Key takeaways CEO of Euro Pacific Capital and popular goldbug, Peter Schiff calls Shiba Inu worthless. SHIB’s recent rally has made it gain popularity. Peter Schiff has also stated that gold is seeing a resurgence that is bad news for Bitcoin.

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Billionaire Barry Sternlicht Buys Bitcoin And Ethereum, Calls Gold “Worthless”

Another legendary investor has revealed a position in Bitcoin and Ethereum as the cryptocurrencies approach their all-time highs. In an interview with CNBC billionaire Barry Sternlicht claimed that he has purchase BTC and ETH joining the ranks of Elon Musk, Michael Saylor, and Paul Tudor Jones.

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JPMorgan’s Dimon Believes Bitcoin Can Hit $400k, But Still Thinks It “Worthless” — Why?

JPMorgan’s Jamie Dimon has maintained that he sees no value in the world’s largest cryptocurrency. Speaking on Monday during the annual membership virtual meeting at the Institute of International Finance conference, the American billionaire reiterated his earlier statements on Bitcoin, arguing that it was just a matter of time before the currency came crumbling to […]

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Bitcoin Has No Real Purpose but Store of Value, BTC Holder Billionaire Barry Sternlicht Says

CEO of Starwood Capital Group owns Bitcoin and Ethereum, believes gold is "kind of worthless" and explains why he holds BTC

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CEO of $9.5 Trillion Asset Manager Suggests That Bitcoin May Be Worthless

Larry Fink remains among the Wall Street titans who are reluctant to embrace Bitcoin

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As Its Price Spikes, JPMorgan CEO Says Bitcoin Is “Worthless”

Worthless Wall Street has increasingly started to embrace the cryptocurrency trend, some executives of the biggest financial firms are still staunchly against the idea. JPMorgan Chase CEO and outspoken crypto-critic Jamie Dimon said that he has no hopes in cryptocurrencies.

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Jamie Dimon questions Bitcoin’s viability, says it’s “Worthless”

Chief Executive Officer of JPMorgan Jamie Dimon remains critical of the hype surrounding Bitcoin (BTC/USD). During an event on Monday, he stated that Bitcoin is “worthless. ” While Dimon is still not convinced about the viability and use of Bitcoin, his bank has started doing business with clients who are accessing the crypto asset.

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JPMorgan CEO Jamie Dimon Calls Bitcoin “Worthless”, Asserts Regulation Will Kill It

Key takeaways CEO of JPMorgan Jamie Dimon takes another jab at Bitcoin, calling it “worthless. ” Dimon’s point that Bitcoin’s 21 million cap is uncertain has been countered by key crypto-proponents.

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“Jaime Dimon is Worth More to Bitcoin” Says Jack Dorsey

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JPMorgan CEO: Bitcoin Is "Worthless"

JPMorgan CEO Jamie Dimon drew parallels between Bitcoin and cigarettes

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This Pro-Crypto U.S. Senate Candidate Holds Over $1M In Bitcoin

Blake Masters, a Republican who is hoping to unseat incumbent Arizona Senator Mark Kelly during the 2022 election, is a bitcoin millionaire, according to the latest filed financials. Blake Masters’ Crypto Investments In its early years, bitcoin was dismissed by institutional investors as a worthless digital asset that attracts criminals.

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'Not a big fan' Donald Trump characterizes Bitcoin, cryptos as 'may be fake'

The slew of billionaire investors waiting to bash Bitcoin and cryptos has grown considerably over the past week. After legendary broker John Paulson called Bitcoin worthless, former U.S President DonaThe post 'Not a big fan' Donald Trump characterizes Bitcoin, cryptos as 'may be fake' appeared first on AMBCrypto.

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Billionaire who shorted 2008 crisis has a bleak warning for Bitcoin (BTC)

Billionaire hedge fund manager John Paulson, notorious for making a fortune betting against the US housing market, thinks that cryptocurrencies, lacking intrinsic value, will eventually become worthless.

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Billionaire Who Predicted 2008 Housing Crash Says Bitcoin Is “Worthless”

“Bitcoin is a bubble” is something that has been thrown around a lot ever since the last bull run began in 2017. A lot of prominent personalities in the finance industry took this stand when the digital asset hit its then all-time high of $19K.

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Nassim Taleb changes his stance on Bitcoin; Says it is worthless

The author of The Black Swan, Nassim Nicholas Taleb, has revised his outlook on the leading cryptocurrency by capitalization. Taleb unveiled that he had had a change of heart, regarding Bitcoin’s potential, in his latest publication dubbed Bitcoin, Currencies, and Fragility.

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Investing Icon Suze Orman Suggests Stacking Bitcoin For The Long Haul

Bitcoin price is now trading at around $40,000, up from virtually worthless just ten years ago. Even despite the law of diminishing returns, the nascent financial technology has enormous upside potential still.

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South African Women Lose Money to Crypto Scammer Who Convinced Them That Botswana Pula Coins Are Bitcoins

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 […]

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How does 'completely worthless' Bitcoin compare to Beanie babies?

The investor well-renowned for his bold skepticism about cryptocurrencies is trending once again today on the heels of yet another vocal prediction about Bitcoin. Euro Pacific Capital's Chief EconomisThe post How does 'completely worthless' Bitcoin compare to Beanie babies? appeared first on AMBCrypto.

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Kim Dotcom Predicted Bitcoin’s Rise Two Years Ago

He also warned that the U.S. dollar would become worthless.

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A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless

Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours.

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The $90 Million Bitcoin Pizza Story Has an Unexpected Silver Lining

Ten years ago yesterday, programmer Laszlo Hanyecz paid 10,000 Bitcoin for two Papa John’s pizzas in a trade that took place publicly on the Bitcoin Talk forum.  At the time, the transaction was largely laughed at — who would want some worthless internet coins for two steaming hot pies worth $30-40 in aggregate? But, as...

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John McAfee Praises Ethereum, Monero, And DAI While Branding Bitcoin As ‘Worthless’

Famed computer programmer John McAfee believes the top cryptocurrency is basically worthless. He said this on Twitter a few hours ago while applauding ethereum, DAI, and Monero. As you may remember, McAfee was once a staunch bitcoin advocate before doing a 180 on the king of cryptocurrencies.

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John McAfee Calls Bitcoin (BTC) 'Worthless,' Shows Support for These Three Cryptocurrencies

The man who predicted that Bitcoin (BTC) could reach $1 mln in 2020 is now calling the cryptocurrency that started it all 'worthless'

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Peter Schiff on Bitcoin Halving: Half of Nothing Is Still Nothing

Bitcoin becoming more scarce doesn't change the fact that it's worthless, according to gold bug Peter Schiff

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A Bursting Bubble? Bitcoin Still has its Share of Detractors

A recent article from The Motley Fool cites several of the ugly aspects of the cryptocurrency industry of “proof” the tech is ‘worthless’. The article opens up with the tale of Long Island Iced Tea Corp.

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Bitcoin ‘Crypto-Casino’ is a Terrorist Playground: Ex-SEC Crime Czar

By CCN: Bitcoin is a worthless sham that’s only useful for facilitating crime, and the public must be warned about the full spectrum of the crypto-sphere’s sleaziness. That’s the opinion of attorney John Reed Stark, a cybersecurity expert who worked for 20 years at the SEC’s enforcement division.

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Bitcoin Skeptic Mark Cuban Torches ‘Useless’ SEC in Withering Takedown

  By CCN: Billionaire bitcoin skeptic Mark Cuban torched the Securities and Exchange Commission as “useless” bureaucrats who bring “ridiculous” lawsuits against investors to justify their worthless existence.

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TV ‘Shark’ Dismisses Bitcoin As ‘Worthless’ Based On One Unsuccessful Real Estate Deal

‘Shark Tank’ investor, Kevin O’Leary, has been dialling up the FUD, calling Bitcoin ‘garbage’ on CNBC’s Squawk Box. He felt the need to interject his comments during a segment discussing potential reasons for Bitcoin’s recent rally.

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Here’s What Shark Tank’s Kevin O’Leary Gets Wrong About Bitcoin

Kevin O’Leary has stated that Bitcoin is “garbage” , a “digital game”, and ultimately, “worthless”. The Shark Tank investor attacked Bitcoin and the rest of the crypto industry largely based on the current volatility of digital assets.

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Suspicious Bitcoin Cash Data Points to Volume Manipulation

By CCN: A single address has sent over 674,000 transactions on the Bitcoin Cash blockchain. The address was just created last month, on April 9th, and is one of a handful of addresses that account for the vast majority of transactions on the fourth-largest cryptocurrency’s blockchain.

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Bitcoin Basher Nouriel Roubini Cowers from Novogratz’s Crypto Wager

Bitcoin perma-bull Mike Novogratz clashed with avowed crypto-hater Nouriel Roubini at the 2019 SALT tech conference in Las Vegas on May 8. During a panel discussion about digital currencies, Roubini once again trashed crypto as a massive “bubble.

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Why Bitcoin Cannot Fix the Socioeconomic Crisis in Venezuela [For Now]

Venezuela has seen its national currency become practically worthless after undergoing one of the worst economic crisis in history. The inflation is all-time high – all the essential goods such as medicines and even toilet papers have soared in value.

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Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize

A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed.

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Crypto Perma-Bear Ridicules Rally, Warns Bitcoin Price Will ‘Collapse’

The bitcoin price is going to “collapse” soon despite the latest rally because cryptocurrencies are worthless. That’s the opinion of Peter Mallouk, the president of Kansas investment firm Creative Planning.

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DCG CEO: Bitcoin Remains King and Many Altcoins Will Fail

The bear market could signal the end of several cryptocurrency projects, claims an industry expert. The CEO and founder of Digital Currency Group and Grayscale Investments, Barry Silbert, said that the majority of cryptocurrencies would eventually be worthless except Bitcoin, reported CNBC on Feb.

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P2P Bitcoin Trading Undergoes Sharp Rise in Venezuela, Outvalues Stock Exchange Trading by 157X

Hard hit by hyperinflation, an increasing number of Venezuelan citizens are now turning to Bitcoin to preserve the value of their money. It’s a desperate measure triggered by a desperate situation as the downward spiraling domestic economy renders the country’s sovereign fiat Bolivar practically worthless.

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Cobra of Bitcoin.org and Bitcointalk.org Calls Bitcoin Cash “Dead”, has Toxic Community and Worthless Crap

Cobra is a code name for the co-founder that is responsible for developing Bitcoin. org and Bitcointalk. org. However, true to his name, it looks like he is “shedding”” his views on Bitcoin Cash, returning to his original stance – “Bitcoin Cash is dead.

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Cobra в очередной раз раскритиковал Bitcoin Cash

Bitcoin Cash — мертвый и ненужный, считает сооснователь Bitcoin. org и Bitcointalk. org Cobra. Он специально называет пятый по капитализации альткоин «BCash», мешая таким образом ассоциировать с криптовалюту с биткоином и раздражая основного сторонника этого проекта Роджера Вера.

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Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy

Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency is being rendered worthless.

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Famous trader on Twitter: Stellar (XLM) is “basically worthless” while Ripple’s XRP is getting ready for a big move

Peter Brandt famously predicted last year’s Bitcoin and crypto price plunge before it happened. In his January 2018 tweet, he warned traders about the imminent crash: In his yesterday’s tweets, he gave a short analysis of XLM and XRP price actions, calling XLM “bascially worthless” This chart is in contradiction with the price forecasts made […] The post Famous trader on Twitter: Stellar (XLM) is “basically worthless” while Ripple’s XRP is getting ready for a big move appeared first on CaptainAltcoin.

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BCH “is Dead” and BSV is a “Worthless Shitcoin,” Bitcoin.org Founder Says

Bitcoin Cash, the altcoin created after Bitcoin’s fork in 2017, could already be in the process of dying. So said Cobra, the controversial and anonymous creator of Bitcoin. org and Bitcointalk.

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Bitcoin playboy who ‘made it rain’ accused of HK$3M fraud

You might remember Wong Ching-Kit, the self-styled Bitcoin ‘millionaire’ behind last month’s outlandish publicity stunt, which saw thousands of dollars rain from the sky in one of Hong Kong‘s poorest neighbourhoods.

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