Tag Archives: Opinion

Since 2010, bitcoin has died 377 times at the hands of experts and popular media outlets. At the height of the bear market in 2018, bitcoin was declared dead a total of 90 times. Peter Schiff is just another personality to recently call the death of bitcoin. | Source: TwitterWe are hurtling towards the end of 2019 and bitcoin is doing so well that it managed to carve a niche in today’s financial system. We talked to crypto traders, blockchain executives and researchers and they all...

Peter Schiff is not afraid to make extremely bearish calls on bitcoin. It appears that the chairman of SchiffGold sees the cryptocurrency as a competitor of gold. Recently, the gold bug took to Twitter to share his gloom and doom prediction on bitcoin. Schiff sees a monumental bitcoin collapse | Source: TwitterThe Crypto Twitter (CT) community was quick to respond to Schiff’s ultra bearish stance. One that caught our attention was from bitcoin bull Rampage. The trader contrasted the...

The price of bitcoin has been heading south over the past three months, but one quant analyst that goes by the name of PlanB on Medium predicts that the flagship cryptocurrency could surge in the coming days. Bitcoin halving will send the price soaring PlanB’s price model is based on the scarcity of the cryptocurrency. The analyst predicts that bitcoin will hit a market capitalization of $1 trillion after the next halving event occurs in May 2020, giving each token a valuation of $55,000....

Crypto enthusiasts see bitcoin as a unique asset. Many rely on the cryptocurrency as a store of value while others use it as a payment solution, especially for transactions that involve huge sums of money. Chief executive of BullBitcoin enumerates the use-cases of bitcoin. | Source: TwitterOutside of the crypto community, however, many see the king of cryptocurrencies as an unreliable asset. Recently, the Group of Seven (G7) nations released a study that emphasizes how bitcoin has failed to...

Many have been bearish on bitcoin after the dominant cryptocurrency breached support of $9,000 in September. The month-long consolidation around $8,000 is not helping either. It is only giving bitcoin haters more reason to scream their bearish outlook. Peter Schiff forecasting bitcoin to plummet to $2,000. | Source: TwitterBitcoin’s technicals may not be pretty but global macro factors favor the king of cryptocurrencies. That’s according to trader and game liquidity theorist Majin. The...

Times are good at Grayscale Investments, which has had the wind at its back lately. The digital asset investment firm just experienced its best quarter ever, as evidenced by a record-setting $254.9 million flowing into its funds in Q3 2019, which is about three times as much as Q2 results of roughly $85 million.  Much of the funds are being directed toward bitcoin via the Grayscale Bitcoin Trust, with more than $170 million flooding the flagship fund and setting yet another record for the...

If you follow some of the best traders on Crypto Twitter (CT), you would think that trading with leverage is the best way to grow your crypto portfolio. After all, some of these traders post tremendous gains in short periods of time. Active trader shows off unrealized PnL of nearly 60%. | Source: TwitterWhile these traders flex their skills, they unwittingly make many of their followers think that trading is an easy game to play. Nothing could be further from the truth. As a result, a lot...

It’s safe to come out now, says Andreas Antonopoulos, the threat posed to bitcoin by Google’s newfound “quantum supremacy” is “zip, bupkis nada.” In one of his typical Q&A sessions, blockchain expert and author, Antonopoulos shared his thoughts on the supposed jeopardy BTC faces from Google. Spoiler alert: he isn’t concerned. According to Antonopoulos, Google’s quantum prowess focuses on a range of issues, and deciphering cryptography is not among them. “What is the effect on mining and...

It’s not every day that you see people reveal how much they make per hour on social media. It’s even more unusual for someone to post their hourly rate to the tune of thousands of dollars. Yesterday, we witnessed an atypical spectacle when crypto trader Tone Vays charged someone $2,400 or 0.3 BTC for an hour of his time. The widely-followed analyst shared on Twitter a screenshot of a conversation he had with someone on LinkedIn. In a tweet, Vays name-dropped Bill Gates and Elon Musk while...

As tensions continue to flare between the U.S. and China amid further trade war competitiveness, Ripple CEO Brad Garlinghouse has pitted the two superpowers against each other yet again, suggesting that America is falling behind China on crypto innovation. A ‘Call to Action’ China’s work on its central bank digital currency (CBDC) has stepped up in recent months. The project, which has been in production since 2014, is inching ever closer to realization, and it has some critics concerned...