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News & Articles By Ethan Huff

08/23/2018 / By Ethan Huff

Plunging cryptocurrency alt coins now generating talk of “extinction” event that could wipe them all out

Financial experts are desperately trying to get an accurate sense of where the cryptocurrency market is headed amid a continued downward spiral trend that’s seen many crypto values plunge to disastrous lows. The bloodbath has been so dramatic in recent days that some observers are now predicting that more than 90 percent of all existing […]

08/22/2018 / By Ethan Huff

Cryptocurrency plunge continues as the late-2017 bubble takes them all down, including Bitcoin

The total value of all cryptocurrencies currently in circulation has fallen below $200 billion for the first time since November 2017, according to new reports. As the crypto bloodbath continues, investor forecasts are looking dimmer by the day, as a shocking 98 of the top 100 cryptos have reportedly lost value – some with no […]

08/20/2018 / By Ethan Huff

Ripple crypto plunges 89%; Ethereum mining rigs “obsolete” … it was all predicted by Mike Adams in 2017

There’s a bloodbath taking place in the cryptocurrency world, and we hate to be the ones who say, “we told you so,” but … we told you so. Mike Adams, the Health Ranger, has been warning for over a year now that the crypto rush is a short-lived phenomenon driven by greed and a “get […]

07/31/2018 / By Ethan Huff

Young cryptocurrency morons think they will own the world without effort… welcome to Millennial delusions gone digital

They say that Millennials are the first generation in American history to be worse-off financially than their parents – a phenomenon that seems to have a lot to do with the predominant millennial mindset that one can become wealthy without having to work. Perhaps there’s no better example of this than the ongoing cryptocurrency craze, […]

07/12/2018 / By Ethan Huff

Indian government officials nabbed in massive bitcoin money laundering scheme

A senior official from the Indian National Congress (INC), one of India’s opposition parties, is demanding an investigative probe into what he’s calling a “mega bitcoin scam” involving leaders of the country’s majority Bharatiya Janata Party (BJP). Shaktisinh Gohil says that BJP officials have been complicit in a “multi-layered” scam that involved laundering large amounts […]

07/02/2018 / By Ethan Huff

Why Bitcoin could vanish, even as cryptocurrency applications flourish

Just recently, the U.S. Securities and Exchange Commission (SEC) created a new senior position, the responsibilities of which include better regulating initial coin offerings (ICOs) and other cryptocurrency-associated financial instruments. It’s a move that some experts say will ultimately help the cryptocurrency world to become more established and legitimate in the eyes of the public […]

06/28/2018 / By Ethan Huff

After all the hype, Bitcoin can only process 1/1000th the number of transactions as VISA… cryptos “fatally flawed” warns report

The concept behind a peer-to-peer digital currency that’s controlled by the people rather than a private central bank is highly appealing in this day and age of ever-rising inflation. But the practical use of cryptocurrency is a completely different story, particularly with Bitcoin, which a new report says simply can’t be properly scaled for widespread […]

06/19/2018 / By Ethan Huff

As Bitcoin wastes the world’s electricity, Bitcoin mining now a money-LOSING proposition

The market price of the popular online cryptocurrency Bitcoin has sunk so low in recent days, compared to the all-time highs it reached last Christmas, that “mining” the digital “money” is no longer a profitable endeavor, new reports indicate. Because “digging up” Bitcoins from cyberspace requires an incredible amount of computing power and constant technology […]

06/15/2018 / By Ethan Huff

Six months ago, Bitcoin fanatics said the price was headed to $1 million; now it’s under $7,000

A recent hacking incident that took place against the South Korean cryptocurrency exchange, Coinrail, has sent the price of the popular digital currency Bitcoin plummeting to below $7,000 per coin. Just a few months after crypto speculators anticipated a meteoric rise in the price of Bitcoin – some still believe it will eventually reach $1 […]

06/13/2018 / By Ethan Huff

WASTE: Bitcoin to use half a percent of the world’s electric energy consumption by the end of this year

New research published in the journal Joule warns that the energy consumption needed to mine and process Bitcoin could end up being far higher than anyone ever imagined before the year’s end. The latest estimates suggest that the Bitcoin network may end up sucking down half a percent of the world’s total energy output by […]

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