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News & Articles By Ethan Huff
01/16/2018
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By Ethan Huff
The Health Ranger was right: Bitcoin’s usefulness as a payment system COLLAPSES
High fees, slow transaction times, and unpredictable volatility are among the main reasons why some companies are reportedly deciding to abandon ship when it comes to using Bitcoin. As Mike Adams, the Health Ranger, has been predicting, Bitcoin’s future as an everyday method of payment is on the ropes as trends could be moving towards […]
01/15/2018
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By Ethan Huff
Cryptocurrency is now breaking the power grid of a U.S. county as electrical consumption for Bitcoin mining reaches “insane” territory
The amount of electricity required to mine and transact Bitcoin is now so high that a small county in Washington state is having to kick production into overdrive. According to reports, Douglas County, located in almost the dead-center of the state, has some of the cheapest electricity rates in the country, and this has created heavy […]
12/25/2017
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By Ethan Huff
Bitcoin to crater under “extinction level event” that WIPES OUT its value, warns investor
The head of an Orange County, California-based private equity group is convinced that Bitcoin is in the throes of a major crash. Eric Schiffer, the CEO of Patriarch Equity, says that Bitcoin’s incredibly high prices as of late are a clear sign that things are about to hit the fan for the popular cryptocurrency, resulting […]
12/23/2017
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By Ethan Huff
Bank predicts Bitcoin will be wiped out by Russia and China, crashing to just $1,000 as the bottom falls out of crypto mania
A Danish investment group is predicting that the popular online cryptocurrency Bitcoin will continue to soar in price to more than $60,000 per “coin,” before eventually crashing due to an engineered sabotaging effort led by Russia and China. Saxo Bank says that Bitcoin’s price trajectory will probably continue to move upwards throughout most of 2018, […]
12/19/2017
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By Ethan Huff
Bitcoin expert warns of “hordes of inexperienced investors” now diving into the MASS MANIA
With its meteoric rise in value unlike anything the investment world has ever seen, Bitcoin has become quite the hot commodity of digital ones and zeros among millions of eager investors looking for a safe haven from fiat currency instability. But will it last? Not according to Dominic Frisby of Gold Core investment group’s Money […]
12/13/2017
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By Ethan Huff
Gregory Mannarino warns that Wall Street is about to rip Bitcoin to shreds
Is there a future for Bitcoin? Not if Wall Street has anything to say about it. YouTuber Gregory Mannarino announced on Sunday that a futures exchange has now been set up for investors to speculate on the future price of Bitcoin – and according to Mannarino, this means that Wall Street could be planning to […]
12/06/2017
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By Ethan Huff
David Stockman calls Bitcoin a “runaway bubble” in the throes of “mania” headed toward its own demise
Financial figurehead David Stockman has issued a stern warning for everyone involved, or considering involvement, with Bitcoin. In his personal view, the popular cryptocurrency is currently in the throes of a major bubble, and at some point soon it will eventually become so large that it finally bursts – to the financial detriment of millions. […]
12/04/2017
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By Ethan Huff
Bitcoin now consuming more electricity than 12 U.S. states as inefficient “mining” heads for collapse
You might not be able to see or touch it because it isn’t actually made up of real physical matter, but the digital cryptocurrency Bitcoin is still having an enormously tangible impact on the world – and no, we’re not talking about the way that it’s changing the financial landscape, in this case. According to […]
11/30/2017
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By Ethan Huff
Bitcoin is powered by COAL: Massive electricity usage to mine Bitcoins runs mostly on coal and pollutes the world with mercury and smog
Because they exist fictitiously somewhere out there in cyberspace, digital cryptocurrencies like Bitcoin might seem like more eco-friendly alternatives to traditional cash. But the latest data shows that not only does “mining” Bitcoin consume unprecedented amounts of energy, but the bulk of this energy comes from coal: A highly-polluting substance that, when burned, releases mercury […]
11/29/2017
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By Ethan Huff
Bitcoin on track to consume the ENTIRE global electricity supply by the year 2020
As the online cryptocurrency known as Bitcoin reaches record price highs, many people are now asking themselves: Is Bitcoin really where the financial sector is headed? Not if you care about the environment, suggests shocking new data compiled as part of Digiconomist‘s “Bitcoin Energy Consumption Index” (BECI). This eye-opening measure of how much energy it […]
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