Tag Archives: worse

Before you join the moral panic about bitcoin destroying our environment, remember that cash could be a whole lot worse

Perhaps fuelled by deep frustration at not having jumped on the cryptocurrency bandwagon a few years ago, I’ve come to realise that people love hating bitcoin. Social media posters are delighted by stories about the prospect of a regulatory bitcoin ban and when its value tumbled from lofty heights a few weeks ago, Twitter was […]

Stocks just entered a correction — but bitcoin is still doing much worse

A trader from BGC, a global brokerage company in London’s Canary Wharf financial centre reacts during trading June 24, 2016 after Britain voted to leave the European Union in the EU BREXIT referendum. Russell Boyce/Reuters US stocks have dipped 10% since peaking on January 26, an official correction.  Cryptocurrencies like Bitcoin have fared even worse […]

Bitcoin Price Crash: Chart Reveals Why Plunge Could Get Worse

The price of a bitcoin has dropped below the $7,000 mark, and a chart going viral could explain why. The cryptocurrency market continued its decline on Tuesday, leaving investors concerned that the late December price spike was a short mirage rapidly disappearing. Bitcoin, which still accounts for 35.5 percent of the cryptocurrency market’s total value, […]

Bitcoin is ‘Worse than Casinos’, Says Russia’s Economic Development Minister

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. As Russia prepares regulation for cryptocurrencies, one Russian official has said investments in bitcoin is worse than playing casinos. Last week, an elite meeting of Russian financial officials and regulators convened with Russian president Vladimir Putin to discuss cryptocurrencies as financial instruments […]

Bitcoin is a ‘fraud worse than tulip bulbs’ says JPMorgan CEO Jamie Dimon

Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan, said on Tuesday. Speaking at a bank investor conference in New York, Dimon said, “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying […]

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