guardian news Bitcoin biggest bubble in history, says economist who predicted 2008 crash

[umbertino]

 

Nouriel Roubini calls cryptocurrency the ‘mother of all bubbles’ as it falls below $8,000

 

 

Angela Monaghan

Fri 2 Feb 2018 12.38 GMT Last modified on Fri 2 Feb 2018 13.15 GMT

 

 

 

 

 

 

https://www.theguardian.com/technology/2018/feb/02/bitcoin-biggest-bubble-in-history-says-economist-who-predicted-2008-crash

[umbertino]

Bitcoin, titcoin, ponzicoin: jokes and scams fuel a cryptocurrency gold rush

 

As questionable currencies flourish alongside legitimate ones, investors are advised to think twice before jumping on the latest craze

 

 

Fri 2 Feb 2018 08.00 GMT

Olivia Solon in San Francisco

 

 

 

 

 

 

 

 

 

https://www.theguardian.com/technology/2018/feb/02/bitcoin-bananacoin-prodeum-cryptocurrencies

[coorslite21]

3 minutes ago, umbertino said:

Bitcoin, titcoin, ponzicoin: jokes and scams fuel a cryptocurrency gold rush

 

As questionable currencies flourish alongside legitimate ones, investors are advised to think twice before jumping on the latest craze

 

 

Fri 2 Feb 2018 08.00 GMT

Olivia Solon in San Francisco

 

 

 

 

 

 

 

 

 

https://www.theguardian.com/technology/2018/feb/02/bitcoin-bananacoin-prodeum-cryptocurrencies

 

They left out $hitcoin and #uckcoin........

 

As to the value of bitcoin going to zero.....time will tell

 

Mainstream financial fears the blockchain concept...they will try to topple it at every chance...

 

The concept of the blockchain is what is the important aspect to all of this.......not some crappy coins created by nerdy idiots.....CL

[coorslite21]

always good to be educated......

 

tankdude

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Posted 20 hours ago

Think they might have time for a quick read?  Should I send them each a copy?

 

By the way - if anyone really does want this - free download from IBM 

 

https://public.dhe.ibm.com/common/ssi/ecm/xi/en/xim12354usen/XIM12354USEN.PDF

[umbertino]

5 minutes ago, coorslite21 said:

 

They left out $hitcoin and #uckcoin........

 

As to the value of bitcoin going to zero.....time will tell

 

Mainstream financial fears the blockchain concept...they will try to topple it at every chance...

 

The concept of the blockchain is what is the important aspect to all of this.......not some crappy coins created by nerdy idiots.....CL

 

I'd tend to agree

[umbertino]

Bitcoin price falls below $6,000 as banker signals crackdown

 

BIS head says cryptocurrency is a ‘Ponzi scheme’ that poses a threat to financial stability

 

 

Angela Monaghan

Tue 6 Feb 2018 10.25 GMT Last modified on Tue 6 Feb 2018 22.15 GMT

 

 

 

 

 

 

 

https://www.theguardian.com/technology/2018/feb/06/bitcoin-price-crackdown-bis-cryptocurrency

[tankdude]

Just some food for thought

 

 

[umbertino]

Russians arrested for 'mining bitcoin' at nuclear facility

 

Employees at the national nuclear centre in the city of Sarov tried to use work computers to generate the cryptocurrency

 

Agence France-Presse

Sat 10 Feb 2018 01.27 GMT

 

 

 

The value of bitcoin has fallen over the past few weeks

Photograph: Dominic Lipinski/PA

 

 

 

 

 

 

 

 

 

https://www.theguardian.com/world/2018/feb/10/russians-arrested-for-mining-bitcoin-at-nuclear-facility

[bostonangler]

On ‎2‎/‎2‎/‎2018 at 9:58 AM, coorslite21 said:

Mainstream financial fears the blockchain concept

 

I don't think they fear it... I think they haven't figured out how to control it... When they do, they will embrace it and be selling it to all their investors... JMHO

 

B/A

[Pitcher]

Agree BA, when they listed it on the NYSE I knew they would short the crap out of it and they have.  Crypto Currency is here to stay.  Who will emerge as the leader and how it is utilized for the greatest number of people is the only thing we are waiting to see now.  Remember AOL, how about the first cell phone company or how about the first gaming company.  Bitcoin was the first big one out of the chute but I suspect it won't be the leader by this time next year.  

I read last night that Fuji Bank in Japan is going to launch it's own Crypto Currency and I'm sure it's only a matter of time before  Amazon, and all US banks have something similar.  Eventually the Feds will have to step in a regulate the entire crypto market.  Then it will be follow the money trail time.  

Edited February 10, 2018 by Pitcher

[bostonangler]

Yup it's all about control... 

This Wild West mentality will get schooled by the big boys... I'm just afraid a lot of retail investors are going to take big hits... As I've said many times, it's okay to take a profit. Don't hold through a falling knife hoping for get your gains back... Take your gains... Hoping is not a good investment strategy. JMHO

 

B/A