Bubble

Nobel Prize Winning Economist Paul Krugman Expresses Skepticism About Crypto, Predicts Collapse

3 weeks ago admin2 Comments Off on Nobel Prize Winning Economist Paul Krugman Expresses Skepticism About Crypto, Predicts Collapse
Nobel Prize winning economist Paul Krugman has expressed his skepticism about the value of cryptocurrencies in a New York Times Opinion piece published July 31. Krugman, who was awarded the Nobel Prize in Economic Sciences in 2008, explains his position as a “crypto skeptic” by noting the high transaction costs and an “absence of tethering” Read More

Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely

2 months ago admin2 Comments Off on Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely
Finance Yukio Noguchi, a famous economist in Japan and an advisor to Waseda University’s Business and Finance Research Center argues we can’t expect Bitcoin’s prices to rapidly surge again. In his books and in recent articles, Noguchi makes his case eloquently. He wrote a recent article in Diamond Weekly clarifying his position but has been Read More

Bitcoin Hits $20,000 Per Coin, Capping Year of Enormous Growth

8 months ago admin2 Comments Off on Bitcoin Hits $20,000 Per Coin, Capping Year of Enormous Growth
Bitcoin has cemented its glory year by hitting $20,000 barely a month after achieving five figures for the first time. After several weeks of considerable volatility, mixing rapid growth with sudden declines, momentum finally boosted Bitcoin to its new historic high. Outperforming almost everyone’s expectations in 2017, Bitcoin prices received a decisive push from Wall Read More

Traditional Banks Hate Crypto: Expert Blog

8 months ago admin2 Comments Off on Traditional Banks Hate Crypto: Expert Blog
Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com. Digital currency’s total market capitalization is around $500 bln Read More

Bitcoin RIP: Cryptocurrency ‘Dies’ 200th Time, Just As Price Hits $11k

9 months ago admin2 Comments Off on Bitcoin RIP: Cryptocurrency ‘Dies’ 200th Time, Just As Price Hits $11k
Bitcoin is paradoxically becoming more valuable the more it dies, with over 200 ‘obituaries’ now public. The bizarre status quo comes from information portal 99Bitcoins, which also tracks press articles declaring Bitcoin will shortly disappear. On Dec. 1, as Bitcoin prices hovered at just over $10,000, the site’s ‘Bitcoin obituary stats’ formally recorded the 200th Read More

Bitcoin Bubble Is ‘OK,’ Will Come Back Stronger, NEO Tells Media

9 months ago admin2 Comments Off on Bitcoin Bubble Is ‘OK,’ Will Come Back Stronger, NEO Tells Media
Chinese platform NEO’s founder Da Hongfei has said a Bitcoin bubble is “OK” and will come back stronger if it bursts. Speaking in a televised interview on CNBC, Hongfei explained that the overlapping wave of enthusiasm in both Bitcoin and Blockchain was not necessarily a problem. “I would say that there is a bubble in Read More

Bank of France Governor Warns on Bitcoin Risks

9 months ago admin2 Comments Off on Bank of France Governor Warns on Bitcoin Risks
Bank of France Governor Francois Villeroy de Galhau has issued a warning on the high risks of investing in Bitcoin. He claimed that Bitcoin is a “speculative” asset and is neither a currency nor a digital currency. Speaking at an event in China, Villeroy said that Bitcoin’s value and extreme volatility have no economic basis Read More

Bitcoin Bubble Talk: What Would a Pop Look Like?

9 months ago admin2 Comments Off on Bitcoin Bubble Talk: What Would a Pop Look Like?
The same talk of Bitcoin being in a bubble has been dogging it since late 2013, and many time before and after that. The talk remains today as Bitcoin continues to smash barrier leaving the pessimists asking: ‘When will we hear the pop?’ Yet, Bubble or not, Bitcoin seems unperturbed about the negative press, only Read More

Meme Chart Mania: Is This the Tip of the Iceberg or Have We Already Hit Peak Bitcoin?

9 months ago admin2 Comments Off on Meme Chart Mania: Is This the Tip of the Iceberg or Have We Already Hit Peak Bitcoin?
Op-Ed The White House discussing bitcoin. The Big Bang Theory discussing bitcoin. Katy Perry and Warren Buffet discussing bitcoin. Bitcoin web searches exceeding those for Donald Trump. There’s no such thing as a quiet week in bitcoin, but even by its usual agitated standards, this one’s been noisy. Celebrity hangers-on come and go and generic Read More

Novogratz: There May Be a Bubble in Bitcoin, But Bitcoin Itself Isn’t a Bubble

9 months ago admin2 Comments Off on Novogratz: There May Be a Bubble in Bitcoin, But Bitcoin Itself Isn’t a Bubble
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Legendary billionaire hedge fund investor Mike Novogratz stated that there may be a bubble in bitcoin in certain regions but the cryptocurrency itself isn’t a bubble. As CCN previously reported, Novogratz noted that bitcoin and the cryptocurrency market could become the biggest Read More