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bubble


Jesse Powell, CEO of crypto exchange Kraken, told CNBC today, Feb. 13, that crypto traders must be responsible for the risks they take in investing in digital coins. During an interview at the World Government Summit in Dubai, Powell said that he sees consumers, not exchanges, as playing the primary role in risk evaluation: “I …

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Since Bitcoin took a tumble from the great heights of $20,000, the positive predictions have abated with the bears emerging from their caves, getting more vocal as they do. In such a market for Bitcoin, it is easy to predict downturns, which is fueling many anti-Bitcoiners to spread negativity about bubbles and crashes. Cleary buoyed …

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Peter Boockvar, the Chief Investment Officer at Bleakley Advisory Group, sees the potential for Bitcoin (BTC) to be around for a long time, but with a significant price drop coming when the Bitcoin bubble bursts, according to CNBC. Boockvar sees a possible 70 to 90 percent price drop for Bitcoin this year, saying: “Over the …

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Yale economics professor and Nobel Laureate Robert Shiller has admitted in an interview with CNBC Thursday, Jan. 18., that he now “doesn’t know what to make of Bitcoin ultimately” after earlier calling it “the best example of a bubble”. In fresh comments Thursday, several months after he told host Brian Kelly it was Bitcoin’s “story” …

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A second day of losses throughout cryptocurrency markets is giving would-be traders a chance to buy that may not be repeated. Bitcoin dropped below $10,000 on Cointelegraph’s price index Wednesday, Jan. 17. On the same day, Ethereum (ETH) went below $900, marking a price slide of over 30% for both assets this week. Community and …

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The traditional diversified portfolio of investments will have a host of assets in varying risk brackets, but for a traditional investment, officer cryptocurrencies could seem too speculative to be part of any portfolio with a wealth preservation focus. The caveat is that while not all cryptocurrencies are guaranteed to stick around forever, there are still …

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Even those who’ve never invested in Bitcoin before are starting to keep a closer eye on its progress. That’s because the currency has recently soared in value, causing the people who own Bitcoins to get excited and wonder how much more the worth could climb. There are even instances where people with no former interest …

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Mark Cuban, billionaire tech investor and owner of the NBA team The Dallas Mavericks tweeted on Tuesday, Jan. 16 that starting next season, it will be possible to buy tickets to the team’s games with Bitcoin. The Dallas Mavericks won’t be the first basketball team to start accepting Bitcoin as payment for tickets. The Sacramento …

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The views expressed here are the author’s own and do not necessarily represent the views of Cointelgraph.com 2017 was a breakthrough year for the crypto market for major coins such as Bitcoin, Ethereum, and Ripple, increasing awareness by the mainstream market, and innovative new applications of Blockchain technology drove impressive returns. More importantly, this blistering …

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Marc Hochstein is the managing editor of CoinDesk and a former editor-in-chief of American Banker.  The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. “It seems like the dotcom bubble all over again, or the housing bubble all over again.” That’s Robert Shiller, the Nobel Prize-winning Yale economist, …

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Bitcoin and Blockchain is all the rage in more than just individual investors’ circles, and companies are trying to cash in on the craze. While some are launching their own ICOs, such as Kodak, others have merely tacked ‘Blockchain’ onto their name and seen success. In a move that seems dangerously similar to what happened …

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2018 did not begin on a good note for Bitcoin as the monster rally leading to Christmas crashed, but it made a bit of a recovery in and among a boom for a number of altcoins. However, Monday has not been a good day for the entire cryptocurrency market. Looking down the graphs of the …

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President Ronald Reagan’s Former Director of the Office of Management David Stockman has told CNBC’s Futures Now in an interview that investors in the cryptocurrency market are “stupid speculators” and will suffer a “spectacular crash.” Stockman stated: “It’s basically a class of really stupid speculators who have convinced themselves that trees grow to the sky. …

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Is bitcoin in a bubble? Or will its price continue to increase through 2018 as some investors have predicted? Notable bankers, economists, and rich investors have all weighed in over the past year. But views vary: some believe investors should hold their funds; but many big-name financiers have also sounded the alarm on the world’s …

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The final two months of 2017 have proved that Bitcoin is synonymous with volatility, although the top cryptocurrency’s resilience has also shown through. An eight-week bull run culminated in a $20,000 high a little over a week ago, before the market capitalization quickly corrected by as much as $8,000 on different exchanges around the world …

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Then asked if he thought Bitcoin was in fact a bubble, Chief Strategist of investment giant Charles Schwab, Jeffrey Kleintop, focused on Bitcoin’s uniqueness in the global economy. In an interview with Business Insider today, Kleintop said Bitcoin was “kind of its own thing” and hard to predict due to its “independence.” Bitcoin has defied …

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After hitting levels above $20,000 per coin just last week, Bitcoin saw a massive sell-off as fears of a bubble began to loom large. The price reached an all time high of $20,078 on December 17, but saw an approximate 40% drop in just three days, once dipping to as low as $11,833 on December 22. However, in …

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A rampant bear market might result in the staunchest supporters beginning to doubt it. Michael Novogratz, who was planning to launch a $500 mln hedge fund in cryptocurrencies, has delayed his plans and says Bitcoin could drop as low as $8,000 before rebounding. Earlier views Michael Novogratz has been a long-term Bitcoin bull. He has …

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American businessman and investor Peter Schiff believes investors buying Bitcoin at current prices could lose everything. It’s been an interesting, and for some frightening, past few days for Bitcoin. Last week, the price of the cryptocurrency reacted favorably to the launch of Bitcoin futures on the CBOE. Exactly one week later, CME launched trading of …

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Bitcoin’s popularity should be considered a “concern for society,” a UK Academic Larisa Yarovaya told Cambridge Independent. Today, the local newspaper reported an ongoing discussion on Bitcoin’s rapidly growing value amongst Cambridge experts, whose opinions on the subject vary. Yarovaya, a lecturer in accounting and finance at Anglia Ruskin University (ARU), commented on a study …

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