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News & Articles By Ethan Huff
11/16/2017
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By Ethan Huff
Peter Schiff: Most of Bitcoin’s “paper profits” will VANISH… cryptocurrency’s limited supply a total myth
Anyone who bought into Bitcoin several years back when it was still in the hundreds of dollars per “coin” as opposed to several thousands of dollars per coin is doing pretty well right about now – assuming that he or she has already cashed out and raked in the “paper profits,” of course. But everyone […]
11/15/2017
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By Ethan Huff
Peter Schiff exposes Bitcoin bubble: “There’s no real value in Bitcoin”
Investment guru and financial expert Peter Schiff isn’t convinced that the popular online cryptocurrency Bitcoin is really worth what the market says it is. During a recent interview with Scott Gamm on The Street, Schiff contended that Bitcoin holds no real value because it isn’t backed by anything other than people’s trust, and that at […]
11/13/2017
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By Ethan Huff
Online cryptocurrency wallet accidentally torches $300M worth of Ether coins … Crypto cultists PANIC
A buggy blockchain appears to have been responsible for the recent accidental loss of more than $300 million worth of “Ether” cryptocurrency, new reports indicate. It was actually a series of bugs that supposedly led an Ethereum developer to mistakenly take control of and permanently lock up – vanishing into thin air! – this mass […]
11/04/2017
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By Ethan Huff
Amazon to launch its own cryptocurrency? New domain registrations provide clues
E-commerce giant Amazon may be eyeing its own slice of the cryptocurrency pie. The Jeff Bezos-owned mega-corporation recently registered three new website domains – AmazonEtherium.com, AmazonCryptocurrency.com, and AmazonCryptocurrencies.com – that suggest the company may be planning to unveil its own cryptocurrency in the very near future as competition to the ever-popular Bitcoin platform. The three […]
10/31/2017
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By Ethan Huff
China leaps ahead of USA on quantum computing research; could spell end to encryption, demolishing crypto currencies and national security
Quantum communications is considered by many to be the future of computing technology, as it represents a means by which to create “un-hackable” super-computer networks that perform better and more securely than anything currently in use. But the greatest advancements in this next-level technology are reportedly taking place in China, not in the United States, […]
10/30/2017
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By Ethan Huff
Bitcoin comments prove Steve Wozniak doesn’t understand risk: No cryptocurrency is truly legitimate if the underlying source code can be changed
Because of its limited supply with a market cap of 21 million “coins,” the popular cryptocurrency Bitcoin is superior to both Federal Reserve Notes and gold, says Apple co-founder Steve Wozniak. The mathematician-turned-tech guru is insistent that tampering with the Bitcoin supply is impossible, thus making it preferable to fiat currencies that can be printed […]
10/23/2017
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By Ethan Huff
Legendary hedge fund pioneer Ray Dalio: Bitcoin is a BUBBLE, not a currency… “not a store of value”
Yet another financial expert is sounding the alarm on what he believes to be a widespread misconception about the nature of Bitcoin. The popular cryptocurrency, Bridgewater Associates founder Ray Dalio stated during a recent interview on CNBC, isn’t stable, nor is it actually worth the amount of money at which it is currently valued. Like […]
10/10/2017
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By Ethan Huff
Bitcoin Ponzi scheme sued by the U.S. federal government after investors bilked of over $600K
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against a New York-based company that it says was running an elaborate Ponzi scheme using the popular cryptocurrency Bitcoin as its primary asset. Reports indicate that Gelfman Bluepring, INC had fraudulently solicited over $600,000 from roughly 80 unsuspecting investors who were bilked into believing […]
09/27/2017
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By Ethan Huff
India already working to make Bitcoin obsolete by launching its own government-backed crypto currency
Recognizing the limitations that are inherent to Bitcoin’s transaction power, speed, and upgradability, the Far East nation of India appears to be on the verge of launching a brand new digital cryptocurrency as part of its ongoing “war on cash.” New reports indicate that the Indian government is already working on and preparing to launch […]
09/23/2017
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By Ethan Huff
Bitcoin mining rigs now LOSING money daily as the Bitcoin Ponzi scheme continues to unravel
The cost of mining Bitcoin is quickly outpacing the dollar value of Bitcoin itself, new reports indicate. The most up-to-date Bitcoin mining devices cost upwards of around $4,000, and yet by the time it produces enough Bitcoin to even break even, such a machine will already be obsolete and in need of replacement. Silver Doctors […]
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