crash
03/09/2018
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By JD Heyes
Cryptocurrency schemes continue to unravel as nearly half of all ICOs from last year have already tanked
The collapse of cryptocurrency is continuing apace, and yet there are still far too many people who continue to believe it really has a future. In recent days the U.S. Securities and Exchange Commission made a major move against cryptocurrency firms, issuing dozens of subpoenas — perhaps topping 100, some groups estimate — to companies […]
01/30/2018
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By Ethan Huff
Critical analysis reveals that cryptocurrency ICO “white papers” are mostly complete crap written by clueless noobs who all thought they were the next Steve Jobs
The year 2017 was a big year for cryptocurrency – not only for crypto-king Bitcoin, but also for the hundreds (or even thousands) of new initial coin offerings, or ICOs, that popped up, promising big returns for little investment. But a new analysis by accounting giant Ernst and Young reveals that a shocking number of […]
01/22/2018
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By David Williams
Bitcoin warning from billionaire Warren Buffett: Cryptocurrencies are a toxic bubble that will most likely ”come to a bad ending”
Billionaire investor and all-around financial genius Warren Buffett has once again shared his thoughts on Bitcoin and other cryptocurrencies. To no one’s surprise, he still doesn’t care for them, not one bit. In a recent interview with CNBC, Buffett does his best to make it absolutely clear that he doesn’t see a good outcome for […]
01/17/2018
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By Mike Adams
Health Ranger releases new “Sh*tcoin and Buttcoin” Counterthink animation that mocks Bitcoin crypto-lunacy
As part of a new series of hilarious animations being released on Counterthink.com, today I’m releasing “Sh*tcoin and Buttcoin,” a hilarious two-minute animation that satirizes all the brain dead arguments of Bitcoin cultists who have convinced themselves that Bitcoin isn’t a speculative bubble. You can watch it now at Counterthink.com (or see the embedded videos, […]
12/07/2017
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By Mike Adams
Health Ranger declares Bitcoin to be “digital tulip bulb mania” as irrational exuberance achieves PATHOLOGICAL extreme
As Bitcoin skyrockets past $18,000, I’m issuing a new Bitcoin warning video (see below for the full video). Bitcoin speculation has now clearly reached the level of a “digital tulip bulb mania” that’s going to end catastrophically. Historians will be writing about the mania (and the madness of crowds) for decades to come, and the […]
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. […]
11/15/2017
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By Ethan Huff
Peter Schiff exposes Bitcoin bubble: “There’s no real value in Bitcoin”
Investment guru and financial expert Peter Schiff isn’t convinced that the popular online cryptocurrency Bitcoin is really worth what the market says it is. During a recent interview with Scott Gamm on The Street, Schiff contended that Bitcoin holds no real value because it isn’t backed by anything other than people’s trust, and that at […]
09/14/2017
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By Mike Adams
Bitcoin cultists PANIC as China to outlaw Bitcoin exchanges… price plummets 25%… proponents SHOCKED to discover governments can destroy cryptocurrencies
Bitcoin cultists who believed they had discovered a perpetual money generation shortcut that bypassed the laws of economic reality are suddenly shocked to discover that governments can regulate Bitcoin out of existence. In fact, it looks like China is beginning to accomplish exactly that. Via CoinDesk: Shanghai-based bitcoin exchange BTCC has announced it will be […]
08/10/2017
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By Ethan Huff
AMAZON is in a massive stock valuation bubble and will crash hard, warns analyst
Over the past five years, Amazon’s stock price has gone to the moon, rising from about $200 to almost $1,000 per share in recent days. But the pomp and circumstance won’t last, warns a prominent stock market analyst, as all of this wild growth represents little more than speculative mania – meaning the bubble has […]
08/07/2017
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By Ethan Huff
Bitcoin has devolved into a “pyramid scheme,” warns analyst who foresaw the dot com crash
Everybody’s catching bitcoin fever these days as the cryptocurrency craze reaches new heights. But a financial analyst who’s been watching the digital alternative to fiat currency unfold over the past several years says that people should be careful because cryptocurrency isn’t real, and in many ways resembles what some have colloquially referred to as a […]
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