‘Bitcoin Is A Failed Experiment’ – Twitter | $19,413.55

There’s still so many guys out there clinging to any semi plausible hope that #bitcoin is not a failed experiment by now, that it could still be a thing, that a popular use case is just around the corner, and that no coiners “just don’t understand“. It’s over. Eulogy made by Mark Dow Source

‘Virtual Currency Is A Ponzi Scheme’ – Forbes | $21,027.3

  Among the top 100 richest people in the world, at least 90 have publicly expressed their “bad-mouth” attitude towards virtual currency, including Microsoft founder Bill Gates and “stock god” Warren Buffett. Warren Buffett believes that the only thing that is certain about virtual currency is that “it does not generate any value”, and he publicly..

‘Bitcoin Is Utterly Worthless’ – Business Standard | $21,502.34

Bitcoin is nothing more than a string of digital codes, and its returns mainly come from buying low and selling high… In the future, once investors’ confidence collapses or when sovereign countries declare bitcoin illegal, it will return to its original value, which is utterly worthless Eulogy made by the ‘Economic Daily’ Source

‘Bitcoin Is Dead As Predicted’ – Seeking Alpha | $19,987.03

The founder of Terra, Do Kwon, who was at the center of the LUNA collapse controversy said of his Terra stablecoin: “I still believe that decentralized economies deserve decentralized money – but it is clear that $UST in its current form will not be that money.” As the dust settled on Mr Kwon’s dream, at least he..

‘Crypto Is A Full-On Fraud’ – Jacobin | $20,710.60

Cryptocurrency is a scam. All of it, full stop — not just the latest pump-and-dump “shitcoin” schemes, in which fraudsters hype a little-known cryptocurrency before dumping it in unison, or “rug pulls,” in which a new cryptocurrency’s developers abandon the project and run off with investor funds. All cryptocurrency and the industry as a whole are built..

‘Sign Cryptocurrency Is Dead’ – News.com.au | $20,553.57

Bitcoin, the world’s top-ranked cryptocurrency, has dropped by nearly 7.5 per cent in the last day. At the start of last month, bitcoin was trading at US$36,141.33 (A$52,000), according to CoinMarketCap. But now, a month and a half later, the outlook is even worse. As of Sunday morning AEDT, bitcoin fell as low as $US17,601.58..

‘Bitcoin Will Not Recover’ – Twitter | $20,553.57

Long-term Bitcoin #HOLDers aren’t worried as they’ve been through 73% declines before. But previous declines didn’t involve anywhere near the total market cap lost during this decline, nor did they involve massive leverage. This crash is just beginning. #Bitcoin will not recover. Eulogy made by Peter Schiff Source

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