‘Cryptocurrencies Will Eventually Prove To Be Worthless’ – MarketWatch | $47,054.98

Cryptocurrencies, regardless of where they’re trading today, will eventually prove to be worthless. Once the exuberance wears off, or liquidity dries up, they will go to zero. I wouldn’t recommend anyone invest in cryptocurrencies,” John Paulson, president and portfolio manager of U.S. investment firm Paulson & Co., told Bloomberg Wealth in an interview that published..

‘Bitcoin Is Headed For Zero’ – Gizmodo | $30,817.83

I predict all these forms of cryptocurrencies that are not backed by central banks or backed by assets will ultimately go to zero. I can’t tell you when it will happen, but it’s inevitable that it will go to zero, Eulogy made by Hamish Douglass Source

‘The Next Bitcoin Crash Will Be Really Bad’ – YouTube | 33,155.85

…In 12 years that we’ve had bitcoin, we haven’t actually tested its fragility. It sounds crazy but we’ve seen bitcoin recover from a stumble. Sure, we’ve seen the ups and downs but we haven’t seen what happens when it really falls down hard. At the moment bitcoin is the preeminent leader in crypto. It has..

‘BTC Is Worth Exactly Zero’ – Twitter | $31,676.69

In its current version, in spite of the hype, bitcoin failed to satisfy the notion of “currency without government” (it proved to not even be a currency at all), can be neither a short or long term store of value (its expected value is no higher than 0), cannot operate as a reliable inflation hedge,..

‘The Brutal Truth About Bitcoin’ – The New York Times | $40,536.07

While Bitcoin has failed in its stated objectives, it has become a speculative investment. This is puzzling. It has no intrinsic value and is not backed by anything. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity — Bitcoin’s computer algorithm mandates a fixed cap of 21 million digital coins..

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