At press time, bitcoin is trading for just over $3,300, meaning there’s no change since our previous price article. At least we can be grateful that bitcoin, albeit temporarily, is exhibiting enough strength to withstand any further needs to drop lower. Bitcoin is now being subjected to mass speculation. Rather, […]
Tag: Bitcoin Bubble
‘I Come to Bury Bitcoin.’: UBS Executive Says Cryptos Will Never Be Currency
Bitcoin has failed in its attempt to be a currency and stands no chance of succeeding in this role in the future. It’s fatally flawed. This is according to Paul Donovan, the chief global economist at the Swiss investment bank, UBS. Following a scathing internal blog post he penned down […]