Bitcoin Is Controlled by China, Won’t Disrupt Banks: Ripple CEO

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! It might be an overstatement to say that Brad Garlinghouse has been on a bitcoin-bashing tour — he is, after all, a bitcoin investor himself — but it’s undeniable that the Ripple CEO has used the recent market downturn …

Cryptocurrencies Operate on ‘Fraudulent’ Business Model: Hotmail Founder

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Proponents of cryptocurrency often argue that this technology will have an impact on the world that is comparable to that of the internet, but one of that revolution’s most successful entrepreneurs has cast shade on that bullish prediction. Speaking …

Bitcoin Mining Firm Trolls Warren Buffett with Billboards Outside His Office

Join our community of 10 000 traders on Hacked.com for just $39 per month. Genesis Mining‘s bitcoin advocacy campaign has posted billboards outside of Warren Buffet’s office to remind him that he was wrong about Google and Amazon and warn him he may be wrong about bitcoin, too. The billboards went up shortly after Buffet …

‘Big Short’ Inspiration Steve Eisman Says Bitcoin Has ‘No Purpose’

Join our community of 10 000 traders on Hacked.com for just $39 per month. Wall Street veteran Steve Eisman of “The Big Short” fame notoriously called the cratering of the sub-prime mortgage market a decade ago, but he fails to see the point of cryptocurrencies. ‘The Big Short’ Inspiration Steve Eisman Bashes Bitcoin Eisman, who …

Anti-Crypto ‘Expert’ Tells British Govt. Blockchain Is Just a Fad

Join our community of 10 000 traders on Hacked.com for just $39 per month. On Tuesday, a director of a leading think tank stood before the British Parliament’s Treasury Select Committee and called out blockchain technology as “magic wand, pixie-dust things” that is a “fad” and “a distraction from looking at getting some of the …

Bitcoin is ‘Bulls–t,’ Says ‘Dr Doom’ Nouriel Roubini in Latest Crypto Rant

Join our community of 10 000 traders on Hacked.com for just $39 per month. Nouriel Roubini has doubled down on his longstanding hatred for bitcoin, ranting this week that the flagship cryptocurrency is “bulls–t” and that blockchain technology is not much more valuable. Roubini, who participated in a panel discussion on cryptocurrencies at the annual …

Bitcoin Price Due For 90% Price Correction In Mass Crypto Wipeout, Warns Investment Bank

Join our community of 10 000 traders on Hacked.com for just $39 per month. The price of bitcoin and other cryptocurrencies will suffer a 90 percent correction that will cause a “mass market wipeout” within the next 12 months, says investment bank GP Bullhound. While the market correction will decimate many virtual currencies, the few survivors …

Wall Street Veteran Likens Cryptocurrencies to Candy Crush Game Currency

Join our community of 10 000 traders on Hacked.com for just $39 per month. Richard Bernstein isn’t building any bridges with the cryptocurrency community. The head of the Wall Street research firm that bears his name said in a note to clients today that there’s little difference between cryptocurrencies and the virtual currencies you earn …

Experts Predict Bitcoin Price to Reach $25,000 by 2018, $250,000 by 2022

Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price crossed the $8,000 mark earlier this week, supported by a massive spike in buy volumes across all major cryptocurrency exchanges. Analysts explained that a sudden surge in demand from institutional investors and inflow of new capital may have …

Nobel Laureate Economist Robert Shiller Calls Bitcoin ‘Sort Of A Bubble’

Join our community of 10 000 traders on Hacked.com for just $39 per month. Robert Shiller, a Nobel Prize-winning economist, called bitcoin a “sort of bubble,” which is not to say it will burst. Shiller, the 2013 recipient of the Nobel Prize in Economics for his work in “Trendspotting In Asset Markets,” made his comments …