Sentences with phrase «let's say bitcoin»

In an appearance at a separate conference earlier in the day, Dimon said bitcoin mania is reminiscent of the tulip bulb craze in the 17th century.

Business Insider executive editor Sara Silverstein discusses a recent research note from Fundstrat's Tom Lee says bitcoin could be a true substitute for gold and cannibalize some of the $ 7.5 trillion market.

Early internet investor Tim Draper says bitcoin will be bigger than his early investments in Tesla, Hotmail and Skype combined.

• Winklevoss Twins Say Bitcoin Will Hit $ 320,000 and Non-Believers Suffer a «Failure of Imagination» (by David Meyer)

Speaking with CNBC on Thursday, Gorman said bitcoin isn't even close to a safe investment, and would - be cryptocurrency owners shouldn't expect otherwise.

Morgan Stanley Chairman and CEO James Gorman said bitcoin is getting more attention than it might deserve

Still, he says bitcoin might best be suited for a long - term buy and hold strategy rather than a form of payment.

Wood also said bitcoin may split in the future, so it can be a true digital payment solution without any transaction limit issues.

It said bitcoin's bubbles were created by a combination of hype, mystery, decentralisation and possible insider trading, suggesting that a small group of bitcoin owners were speculating on its price and manipulating general investors.

The Commodity Futures Trading Commission says bitcoin is a commodity.

The chief global strategist at Charles Schwab says a bitcoin crash won't infect the rest of the market

Lowe joins a string of central bankers globally who have warned of the downside of digital currencies, including his New Zealand counterpart Grant Spencer, who at the weekend said Bitcoin's gains looked «remarkably like a bubble.»

Last year, it said Bitcoin businesses, which included exchanges that turn national currencies into Bitcoin, should be classified as money transmitters.

Enthusiasts say bitcoin is the future of money, yet it is about as volatile as you can get when it comes to investments.

Venture capitalist Tim Draper says bitcoin will be bigger than his early investments Tesla, Hotmail, and Skype combined.

Early digital currency investor Roger Ver says bitcoin is «a game of hot potato» and he's «really, really concerned about the future of bitcoin.»

Noted investor Jeremy Grantham, who called the last two major market bubbles, said bitcoin is a bubble that may crash soon.

The vice chairman of Berkshire and longtime sidekick to Warren Buffett says the bitcoin craze is «asinine.»

Charlie Munger says bitcoin isn't the only thing in a bubble — venture capital investing in start - ups is, too.

The BofAML survey found 32 percent of respondents said bitcoin was the most crowded trade, up from 26 percent in September.

Servando Carbone, the national coordinator of the National Federation of Public Sector Workers, said the Bitcoin alternative «is an invention of the government to launder drug money.»

But Voorhees, who moved to Panama and launched his startup Coinapult after working as the director of marketing for BitInstant in New York, says the Bitcoin ecosystem makes cooperation more attractive than competition.

He says Bitcoin is the ultimate global currency, one that you can bring to any country without paying fees.

Robinson says the Bitcoin startups also should benefit from their proximity to the other companies in Plug and Play's stable.

AMD's CEO, Lisa Su, said bitcoin and its competing currencies won't be a «long - term growth driver» for the company.

Wilson says bitcoin could rise a lot further, but says it is merely a question of when, not if, the bubble bursts.

Neil Wilson, a senior market analyst at ETX Capital in London, says bitcoin is «following the playbook for a speculative bubble to the letter.»

Garrick Hileman, a research fellow at the University of Cambridge, said bitcoin's growing acceptance by mainstream markets makes criminal cases surrounding the currency more significant.

That's not to say Bitcoin is without risk, nor do I advocate that you dive in headfirst.

In his regular report on market trends, he said bitcoin has «no clear fundamental value» and operates in «largely unregulated markets.»

And last week, in particular, with the continuation of the hack attacks and closures of the exchanges and the devaluation of said Bitcoin, well, let's just say that it wasn't the best of weeks for that cryptocurrency.

EBay and PayPal are no longer an item, but new reports say Bitcoin may keep the companies together.

Emerging market payment pioneer, mHITs, who operates BitMoby, said bitcoin offers exciting possibilities for the mobile top - up industry in the area of payments and checkout processes.

People keep saying BitCoin is at the top but then it continues to climb!

Saying bitcoin is physical is a difficult argument to make, regardless of the demand for bitcoin.»

In other bitcoin news, Goldman Sachs said bitcoin's use as a real form of money is not as easy as it seems.

Spencer Bogart, head of research at Blockchain Capital, said bitcoin's price could fall as much as 20 percent but that its long - term adoption will continue.

Its price has been volatile, soaring over recent years but falling sharply earlier this month on reports that China will order all bitcoin exchanges to close and one of the world's most high - profile investment bankers said bitcoin was a fraud.

Bailey said bitcoin investors should «be prepared to lose all [their] money.»

The FSA and the Finance Ministry have said bitcoin is not a currency and doesn't fall under their purview, while the Bank of Japan has said it was studying the bitcoin phenomenon with interest.

Bitmain CEO Jihan Wu said the bitcoin mining hardware giant intends to invest in as many as 30 startups working to create «private central banks.»

Lael Brainard, a governor at the U.S. Federal Reserve, has said bitcoin and its peers raise investor protection and money laundering concerns.

Fundstrat co-founder Tom Lee said bitcoin prices crashed recently because U.S. investors were rapidly selling off their crypto holdings to avoid paying capital - gains taxes.

«Whereas I said Bitcoin «isn't real» because it has no intrinsic or underlying value, that's certainly true of the dollar and other fiat currencies: there's nothing behind them either.

The survey, which was carried out on 1,000 US millennials said Bitcoin was number one, followed by Ethereum and Litecoin.

Multiple sources say bitcoin was the biggest bubble since it went from 11 cents to $ 20000 in a short period of time.

Buffett said Bitcoin is not investing, it's gambling.

But while some onlookers see bitcoin and other cryptocurrencies as a massive financial bubble, others say the bitcoin rally is just getting started.

Billionaire venture capitalist Mark Cuban says bitcoin futures trading on major exchanges will potentially have a positive impact on the cryptocurrency.

Here is a list of some of the news organizations to say bitcoin is essentially dead.