the many poor arguments of joe wiesenthal - XBTC Blog

Why Does Bitcoin Have Value?  PS. Explain This: A Bitcoin Bubble? $100,000 Bitcoin Is Coming. Here's Why. - YouTube WTF Happened to BITCOIN?! - YouTube WARNING: The Truth About Bitcoin - YouTube

“You really can't expect it to behave in an uncorrelated fashion once "institutional money" owns it, since at that point it's just another thing to sell to raise cash,” Joe Wiesenthal, business editor at Bloomberg, tweeted today. He said that correlation becomes inevitable for a time because disparate assets, some rapidly losing value, now share a common distressed owner. As a result, the value of a Bitcoin has risen from just $13.50 in January, and around $30 a month ago, to more than $140 – though the price is fluctuating rapidly. The total value of the Bitcoins in circulation only broken through the $250m mark in January. Last November, each Bitcoin was worth $10.83. Bitcoin’s market price since last month Photograph: blockchain.infoThe maximum possible ... Widely read Joe Wiesenthal of Business Insider who had been a constant and dismissive critic of Bitcoin calling it a “joke”, wrote a volte-face on December 1, 2013 at the height of the Bitcoin craze: “Why I’m changing My Mind on Bitcoin“. Clearly humbled by the massive rise in Bitcoin’s price since he began trashing it, Mr. Wiesenthal begrudgingly gave Bitcoin some credibility ... Business Insider’s Joe Wiesenthal today published an interesting piece on Bitcoin, partially responding to Paul Krugman’s somewhat inscrutable recent blog post that called the cryptocurrency ... Joe also claims that "Bitcoin is a joke" because it lacks "intrinsic value" and is "mostly just a speculative vehicle" with other activity predominantly limited to "PR stunts about bars and other shops accepting bitcoins". Joe apparently sees the current gold price of $41,000 per kilogram as being entirely a function of its ability to conduct electricity, resist corrosion and look attractive ...

[index] [39631] [15874] [38624] [23748] [13595] [1175] [15746] [7276] [22168] [35834]

Why Does Bitcoin Have Value? "The Most Disruptive Innovation In Our Lifetime!” Anthony Pompliano

Why does bitcoin have value? Anthony Pompliano, host of the Pomp Podcast. shares why "Triple-Entry Accounting Will Be The Most Disruptive Innovation In Our Lifetime!” Altcoin Daily has the best ... Lets talk about Bitcoin and what I THINK caused the recent jump in price - enjoy! Add me on Instagram: GPStephan The YouTube Creator Academy: Learn EXACTLY h... This video is unavailable. Watch Queue Queue. Watch Queue Queue Bitcoin - $100,000 Is Coming. I talk about how Bitcoin will eventually reach 100,000 dollars an end game price which will make it the world reserve currency.... Bitcoin entered mainstream circulation in 2009, but it was in the spring of 2013 that its value started to rise significantly, reaching just under $1,000 late that year. In 2017, its price soared ...