Sentences with phrase «cryptocurrencies as a bubble»

Some financial experts see cryptocurrencies as a bubble that will eventually pop, while others still believe that they should be a part of everyone's investment portfolio.
Then there's Paul Singer who dismissed Bitcoin and other cryptocurrencies as a bubble, scam, and fraud.
Many experts have called the stupendous rally in the cryptocurrencies as a bubble.
In his argument, he said that referring to cryptocurrencies as a bubble is being «shortsighted.»
Steemit Post: https://steemit.com/bitcoin/@cryptovestor/lightning-strikes-why-bitcoin-is-still-a-bubble As always, we're all looking for reasons why the market has fallen but I wanted to issue a key reminder that I (emphasis on I) still view Bitcoin and all other cryptocurrencies as a bubble.

Not exact matches

To be clear, calling the cryptocurrency market in a given month a hype - driven bubble is not the same thing as deriding the technology.
Friedman notes that leading investors such as Ray Dalio, founder of investment firm Bridgewater, called Bitcoin a «bubble,» while Jamie Dimon, CEO of JPMorgan, has criticized non-flat cryptocurrency, which is currency not backed by a government.
A Bitcoin bubble might be looming as people look to get in as the cryptocurrency rises relative to the dollar.
As I noted above, I would not be surprised if the ongoing run - up in cryptocurrency prices proves to be, well, a bubble.
As with any new venture there was a learning curve and after a lot of reading about the value of cryptocurrencies and whether they are in a bubble, are a currency, have any real value, etc..
«The Smallest Bubble I Know» Speaking to Bloomberg December 22 as Bitcoin continued a 30 % pullback to sub - $ 13,000 lows, Fundstrat Global Advisors» head of research said the biggest cryptocurrency «had been following network value» for several years.
As competing cryptocurrencies cropped up, so too did the analogies to the 1990s tech bubble and bust.
But while some onlookers see bitcoin and other cryptocurrencies as a massive financial bubble, others say the bitcoin rally is just getting started.
While analysts have been calling Bitcoin a bubble, a topic as old as the cryptocurrency itself, others are blaming price fluctuations on uncertainty in regulations.
NEW YORK / LONDON (Reuters)- Bitcoin plunged by 30 percent to below $ 12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $ 20,000 prompted warnings by experts of a bubble.
There are also many that thought of the cryptocurrency market as a speculative bubble, a gambling den of sorts where investors can make a killing or lose everything.
As a market analyst who is focused on Cryptocurrencies, many people ask if the crypto - market is a bubble.
Everyone who called Bitcoin and cryptocurrencies a bubble has been proven wrong, or are at least suffering losses, so far, as the segment didn't look back...
The most popular cryptocurrency, bitcoin, has surged more than 1000 %, but did so much faster than the bubbles that took 10 years to inflate to this level, as you can see in the chart below.
Editor's Note Editor's Note Last year may go down as the year that cryptocurrencies went from being a niche asset favored by a relatively small group of believers to a full, outright bubble.
So long as the banking / debt complex is not threatened, the worst you get is something like the deflation of the dot - com bubble, and at present, I don't see what it threatened by that aside from cryptocurrencies and the short volatility trade.
Newer and fresher cryptocurrency rivals have sprung up, catering quite well for those who feel they «missed the boat» as the Bitcoin bubble expanded beyond their spending power.
Branding cryptocurrencies as «an unfounded fad,» he compared it to those previous episodes, as well as other economic situations like the South Sea Bubble from the 1700s.
At worst, the news outlet repeatedly paints Bitcoin as a scam, fraud, Ponzi scheme or bubble by continually running stories spelling disaster for the dominant cryptocurrency.
Setbacks such as over-regulation, or the cryptocurrency «bubble» bursting, could derail technological process.
Cryptocurrencies such as Ripple and Bitcoin are showing signs of being a full - blown bubble.
Roubini's outlook for Bitcoin is not new — the economist has been hammering the cryptocurrency for years and has recently referred to Bitcoin as «biggest bubble in human history.»
The cryptocurrency market is seen by some as a bubble with hugely inflated prices.
While the rationale for his decision makes sense, many in the crypto - community saw this as an attempt to reap the rewards of an escalated coin price before the «bubble bursts», as many cryptocurrency critics claim will eventually occur.
As cryptocurrencies have become more popular, they have been praised as a technological innovation with revolutionary potential and derided as just another speculative bubble of doubtful underlying valuAs cryptocurrencies have become more popular, they have been praised as a technological innovation with revolutionary potential and derided as just another speculative bubble of doubtful underlying valuas a technological innovation with revolutionary potential and derided as just another speculative bubble of doubtful underlying valuas just another speculative bubble of doubtful underlying value.
In general, cryptocurrencies have recovered from their respective dips this week, as fears of a bubble appeared to abate slightly.
With bankers, politicians, and even mainstream media still labeling Bitcoin and cryptocurrencies as «a bubble,» «a Ponzi scheme,» «criminal,» and «fraudulent,» this move is another step towards mainstream acceptance for the industry in general.
Schiff, who predicted the 2008 mortgage crisis, famously referred to bitcoin as digital fool's gold and compared the cryptocurrency to the infamous bubble in Beanie Babies.
Most cryptocurrency prices temporarily plummeted this week after JPMorgan Chase CEO Jamie Dimon called bitcoin a fraudulent bubble as rumors of regulatory crackdown circulated in China.
Some are viewing the cryptocurrency bubble as a momentary phenomenon while others believe it to have long lasting impact on the global economy.
Bitcoin, the notoriously volatile cryptocurrency is expected to continue in this trend, and financial experts are continually advising consumers to limit their involvement with bitcoin, as sooner or later the bubble may burst.
Ethereum fell to one - month lows on Wednesday, as concerns over an ICO bubble brought negative attention to the world's No. 2 cryptocurrency.
«Very little needs to happen before that bubble might burst, such as the introduction of more regulation or another hack of a major cryptocurrency exchange,» Salami says, referring to the hacking of a high - profile digital currency exchange in Seoul, which went bankrupt in late December.
Although many experts still believe that Bitcoin, and the cryptocurrency market as a whole, may be in a bubble state, Max Keiser believes that Bitcoin still has room to grow.
Renowned investor George Soros called cryptocurrencies, such as bitcoin, «a typical bubble,» whereas Llew Claasen, the executive director of the Bitcoin Foundation, believes that the fall of bitcoin does not mean that cryptocurrencies are speculations.
SEOUL (Reuters)-- South Korea said on Wednesday it may tax capital gains from cryptocurrency trading as global regulators worried about a bubble, with Australia's central bank chief warning of a «speculative mania» that has seen the digital asset making rip - roaring gains.
The $ 26 billion investment fund founded by billionaire George Soros is preparing to dive into cryptocurrency trading, even though Soros himself previously described them as a «bubble,» according to reports.
Over its relatively short lifespan Bitcoin has experienced many bubbles and subsequent bursts, but its incredible resiliency over time, as well as its position as the most accessible cryptocurrency, make it a solid investment.
With some altcoins plummeting by 40 %, it seemed as though the bubble had finally burst; cryptocurrency's heyday was through, and the Warren Buffetts of the world would have the last laugh.
Many cryptocurrency experts have remarked such currencies as «bubble» due to their volatile nature.
Sharmin Mossavar - Rahmani, the CIO of Goldman, was reported as saying that as it stands, cryptocurrencies are a bubble.
As Bitcoin prices exploded to over $ 20,000 in some markets before tailing off this week, the question of whether or not the cryptocurrency's notable growth is a bubble has enveloped more and more sections of the global economy.
Even though lots of people refer to the cryptocurrencies» grows as to a bursting bubble, the report proves that belief in the crypto sphere is strong.
In that sense, Pandl's description of the cryptocurrency market as a «classic speculative bubble» could also be justified.
South Korea has been at the forefront of pushing for broad regulatory oversight of cryptocurrency trading as many locals, including students and housewives, jumped into a frenzied market despite warnings from policy makers around the world of a bubble.
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