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‘BTC VALUE WILL CRASH 99%’ – CCN | $10,036.19

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Fact Checker

Now we are seeing it with bitcoin. That’s right. The Tumblr disaster is absolutely analogous to bitcoin.

Ed Butowsky, managing partner at Chapwood Capital Investment Management, tells CCN that the Tumblr situation (as well as all the other similar examples) deliver a fundamental investment tenet:

“Even the smartest dealmakers in the world have been fooled by hype, and overestimated an asset’s true value. Bitcoin will end up virtually worthless, just like Tumblr, because its true value is next to nothing.”

Eulogy made by Lawrence Meyers


Uri Shalev studied Psychology at the University of Haifa. With a keen interest in cryptocurrency and disruptive tech, Uri has a breadth of experience in digital marketing and SEO.

View all Posts by Uri Shalev

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