Bitcoin
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John Paulson Predicts Cryptocurrencies Will Achieve Worthlessness!
Hedge fund billionaire John Paulson, a 65-year old business news pundit, was interviewed Sunday morning, on “Bloomberg Wealth with David Rubenstein.” Paulson, made a name and financial killing for himself in 2008, when he shorted the housing bubble. He announced his concern to Rubenstein regarding the future of most all cryptocurrencies. Specifically, he said that
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Buying, Selling, and Trading Bitcoin: What You Need to Know
Let’s look at the investment cycle of Bitcoin – including buying, selling and trading the cryptocurrency By now you’ve probably heard the news: Bitcoin is a virtual currency that has created some serious buzz in the investment world. It’s certainly not for the risk averse, but if you’re willing to put some money behind this
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Bitcoin 101: Should You Invest?
Thinking of investing in Bitcoin? Before you pull the trigger, make sure you understand what it is, how it’s traded and the inherent risks involved in a cryptocurrency like Bitcoin Boiling down the question “what is bitcoin?” goes something like this – Bitcoin is simply a peer-to-peer digital payment system that bypasses traditional intermediaries –
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Bitcoin Compared To Traditional Investments
Your investment portfolio should be diverse to ensure stability, but does Bitcoin have a place on your balance sheet? Let’s look at the world’s most popular cryptocurrency versus traditional investments It’s been awhile since the investment world truly had a revolutionary player. After all, the NYSE was founded more than 200 years ago, today’s highest
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5 Myths About Bitcoin, Deciphered
Though nearly eight years have passed since its introduction, Bitcoin is still shrouded in a bit of general mystery. Let’s look at the top 5 myths related to this popular cryptocurrency. Bitcoin is a bit of a buzzword these days – it is to cryptocurrencies what Kleenex is to facial tissues. It has become the
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Engrained Problems With Bitcoin, Especially Moving Forward
There is a lot of hype and a lot of excitement surrounding Bitcoin, as well as other cryptocurrencies. Whether it is warranted or not, will be a topic of conversation for a long time to come. However, if you can’t afford to lose the entirety of whatever investment amount you might be considering, here are
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Bitcoin or Bust?
Bitcoin is the rage. The headlines can’t be ignored. “Bitcoin Jumps $200 in a single day!” “$1 Worth of Bitcoin in 2010 Worth $771,010 Today!” There’s no doubt that high risk takers are flocking to invest in bitcoin. But can anyone see the forest through the trees? Does anyone realize where that road leads? Certainly
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What Is Bitcoin?
Bitcoin has been called a digital asset, virtual currency and cryptocurrency, but is it really money? According to the definition of “money,” it must meet three criteria. Money must act as a store of value, a medium of exchange, and a unit of account. At this point, most economists (and a number of judges) fail