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store of value

12/25/2017 / 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 […]

11/08/2017 / By Mike Adams

PANIC: $300M in cryptocurrency VANISHES overnight… user error blamed… 10 reasons why gold is better than Bitcoin

Bitcoin’s meteoric rise in price has been accompanied by a predictably parallel rise in the contorted lunacy we seem to witness in every irrational bubble, no matter what its origin. The Bitcoin bubble delusion has become so convincing to some people that they now believe Bitcoin is the “new gold” or “better than gold.” And […]

10/23/2017 / By Ethan Huff

Legendary hedge fund pioneer Ray Dalio: Bitcoin is a BUBBLE, not a currency… “not a store of value”

Yet another financial expert is sounding the alarm on what he believes to be a widespread misconception about the nature of Bitcoin. The popular cryptocurrency, Bridgewater Associates founder Ray Dalio stated during a recent interview on CNBC, isn’t stable, nor is it actually worth the amount of money at which it is currently valued. Like […]

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