PayPal CFO John Rainey Rejects Bitcoin as a Reliable Currency

paypal cfo john rainey rejects bitcoin as a reliable currency

Bitcoin price (BTC) is crashing instead of rallying: Bitcoin price has failed to generate gains for investors since Warren Buffett, and Bill Gates rejected the cryptocurrency markets two weeks ago. Bitcoin price lost almost $1,800 in the last two weeks.  Several other industry experts are also refuting bitcoin’s potential to work as an alternate currency. They believe the higher level of volatility makes it difficult for the general public to use it as the medium of exchange. Source Image: coinmarketcap.com Bitcoin price crashed to the $8,000 level today. The New ……

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Alibaba Founder, Jack Ma, Calls Bitcoin (BTC) a Bubble

alibaba founder jack ma calls bitcoin btc a bubble

The Bitcoin (BTC) bubble theory has resurfaced again, as the founder of world’s largest e-commerce platform, Alibaba, just announced his views of the world’s first digital token. Jack Ma Yun, Alibaba Group’s founder and executive chairman, spoke in a forum on Wednesday and spoke highly of blockchain technology, but expressed his doubts about Bitcoin (BTC). “There is no bubble for blockchain, but there’s a bitcoin bubble,” Ma said in a panel at the second World Intelligence Congress forum. Ma said he has been researching blockchain for years and highly believes in its…

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Tom Lee Bitcoin Price Prediction Fail – Bitcoin Is Not Rallying As Expected

tom lee bitcoin price prediction fail bitcoin is not rallying as expected

Bitcoin shows no growth: Bitcoin Price (BTC) hasn’t moved higher despite the Consensus Summit: Bitcoin price trades in the range of $8,300 today after briefly touching $8,800 level at the beginning of the week. The largest coin has posted losses in last two consecutive days. This downside move is contrary to analyst’s predictions who were expecting a strong rally amid the New York consensus summit. Indeed, Tom Lee – who has predicted Bitcoin price to reach $25K by the end of this year – failed to predict the price movement…

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Bitcoin News: Price Below $8,500; Jack Dorsey Talks BTC at Consensus 2018

bitcoin news price below 8500 jack dorsey talks btc at consensus 2018

Bitcoin (BTC) has dropped below the $8,500 mark. This is significant news, and it’s likely Bitcoin bears are going to try to drag the currency below the $8,000 mark during the remainder of the week. Will it happen, though? Only time will tell, but we can look to various mediums to see if there is any specific Bitcoin news bringing the price down today, but what may help to turn it around for the coin is Jack Dorsey on BTC— his thoughts are very interesting. Bitcoin (BTC) Daily Chart Bitcoin (BTC)…

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Is Bitcoin Safe? Renowned Investor Tim Draper Believes So

is bitcoin safe renowned investor tim draper believes so

You may have asked the question: is Bitcoin safe? on multiple occasions. Should you really think to put your money into Bitcoin? Well, Tim Draper is an investor with renowned opinions about the cryptomarket. He is an avid believer in the positivities of crypto and his bullish position has earned him many followers and detractors. On multiple occasions, his predicted forecasts have proved successful despite adverse scenarios, and this is something to take into consideration. A few years ago, Draper predicted that Bitcoin would increase by more than 10k, a…

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