Tag Archives: Bitcoin Opinion

Novogratz Says Cryptos Are Safe, Expects Bitcoin to Rally In Q1 2019

Mike Novogratz, a prominent cryptocurrency investor, and CEO of Galaxy Investment Partners has toned down his optimism, reiterating that he doesn’t expect a price surge in the price of Bitcoin until institutional adoption occurs, which could happen in the first half of next year. Speaking with Bloomberg’s Erik Schatzker on “Bloomberg Markets: The Close,” the The post Novogratz… Read More »

Debunked: How Nouriel Roubini Failed to Attack Crypto with Cherrypicked Data

Advertisement Recognized economist Nouriel Roubini, a professor at Stern School and NYU, recently launched a series of attacks against the crypto sector. All of the False Claims Roubini Made He claimed Bitcoin is a Ponzi scheme, Ethereum co-creator Vitalik Buterin amassed a wealth of a billion dollars by creating a pre-mined blockchain network, and said public blockchain protocols… Read More »

AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’

Advertisement The American Association of Retired Persons (AARP) has ascribed a bizarre definition to bitcoin in a caustically worded article on its website published on Wednesday, Oct. 10. In the slideshow post titled “Improve Your Financial Literacy With This Glossary,” a heavy dose of contempt is specifically reserved for the description of bitcoin and blockchain in their respective… Read More »

IMF: Rapid Growth of Bitcoin and Crypto Will Impact Global Financial System

Advertisement The International Monetary Fund (IMF) has stated in a recently released report that the rapid growth of Bitcoin and crypto could impact the international finance system. The report entitled “World Economic Outlook: Challenges to Steady Growth” published by the IMF read: “Cybersecurity breaches and cyberattacks on critical financial infrastructure represent an additional source of risk because they… Read More »

Ethereum Founder Vitalik Buterin Throws Shade at Bitcoin Bashing Economist

Advertisement Ethereum co-founder, Vitalik Buterin has thrown shade on prominent economist and cryptocurrency skeptic Nouriel Roubini, in response to Roubini’s earlier statements calling him a “dictator” and describing decentralization in Crypto as a “myth”. In a tweet, Buterin subtly hinted that Roubini has no idea what he is talking about and as such he should not comment on… Read More »

5 Highlights from Bitcoin-Bashing NYU Economist’s Senate Testimony

Advertisement This morning, the U.S. Senate Committee on Banking, Housing, and Urban Affairs is holding a hearing on cryptocurrency and blockchain technology, featuring testimony from New York University economist Nouriel Roubini. Roubini, as CCN reported, has been bashing bitcoin since before most of the mainstream public had become familiar with the terms “cryptocurrency” and “blockchain,” and — true… Read More »

‘Strong Possibility’ Bitcoin Bubble Could Burst in the Near Future, Report Claims

Advertisement A study conducted by market research firm Juniper Research has cast doubts on bitcoin’s long-term prospects owing to various factors stacked against it including regulatory scrutiny. Per Windsor Holden, the author of the report titled ‘The Future of Cryptocurrency: Bitcoin & Altcoin Trends & Challenges 2018-2023’ the lack of ‘intrinsic value’ in the flagship cryptocurrency portends doom:… Read More »

Cryptocurrency isn’t Real Money: Tongue-in-Cheek Google Ad

Advertisement Google has finally betrayed its true feelings on cryptocurrency. Well, maybe not, but a tongue-in-cheek advertisement for the search giant does take a few potshots at the nascent asset class. During the ad, which promotes Google’s new Call Screen service, one character, Abby, remarks that the other’s electricity bill is “super high.” That character, Teddy, explains that… Read More »

CNBC Analyst Predicts Bitcoin Price Is ‘About To Explode,’ Citing ETF Buzz

Advertisement Cryptocurrency analyst Ran Neuner — host of the CNBC show Crypto Trader — believes BTC prices are “about to explode,” citing bullish market buzz about the near-term possibility of an SEC-approved bitcoin ETF. “I just bought bitcoin for my parents. It’s too obvious that it’s about to explode,” Neuner tweeted on October 7. Neuner said the mounting expectation that… Read More »