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speculation

08/13/2017 / By Mike Adams

Bitcoin blasts through $4000 as new suckers buy into the “promised land” of digital fiat currency backed by nothing

Bitcoin just blasted through $4000 as new suckers have been convinced that a cryptocurrency backed by nothing is a magical perpetual motion machine that will make everybody rich if they would just buy more Bitcoin. The sales pitch for Bitcoin now mirrors the greed-driven con of the dot-com bubble: “Mortgage your house! Buy Bitcoin! You’ll […]

06/15/2017 / By Ethan Huff

Raoul Pal warns Bitcoin is a speculative bubble, “scarcity” may be a myth and it isn’t a “store of value”

A bitcoin investor who purchased the popular cryptocurrency several years back when it was only about $200 – it’s now valued at almost $3,000 U.S. – recently sold everything he had and moved his money elsewhere. And his advice is that you should do the same if you don’t want to suffer the consequences of […]

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