crash
04/29/2018
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By David Williams
Sweden reveals why a “cashless” society may not be such a good idea after all
Is it possible for a society to function properly without the use of any cash? Sweden could have the answer to this question and more, as the country has had a good run of using digital payment systems so far, and many Swedish establishments have helped cashless payment methods almost become status quo. In a […]
03/09/2018
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By JD Heyes
Cryptocurrency schemes continue to unravel as nearly half of all ICOs from last year have already tanked
The collapse of cryptocurrency is continuing apace, and yet there are still far too many people who continue to believe it really has a future. In recent days the U.S. Securities and Exchange Commission made a major move against cryptocurrency firms, issuing dozens of subpoenas — perhaps topping 100, some groups estimate — to companies […]
01/30/2018
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By Ethan Huff
Critical analysis reveals that cryptocurrency ICO “white papers” are mostly complete crap written by clueless noobs who all thought they were the next Steve Jobs
The year 2017 was a big year for cryptocurrency – not only for crypto-king Bitcoin, but also for the hundreds (or even thousands) of new initial coin offerings, or ICOs, that popped up, promising big returns for little investment. But a new analysis by accounting giant Ernst and Young reveals that a shocking number of […]
01/22/2018
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By David Williams
Bitcoin warning from billionaire Warren Buffett: Cryptocurrencies are a toxic bubble that will most likely ”come to a bad ending”
Billionaire investor and all-around financial genius Warren Buffett has once again shared his thoughts on Bitcoin and other cryptocurrencies. To no one’s surprise, he still doesn’t care for them, not one bit. In a recent interview with CNBC, Buffett does his best to make it absolutely clear that he doesn’t see a good outcome for […]
01/17/2018
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By Mike Adams
Health Ranger releases new “Sh*tcoin and Buttcoin” Counterthink animation that mocks Bitcoin crypto-lunacy
As part of a new series of hilarious animations being released on Counterthink.com, today I’m releasing “Sh*tcoin and Buttcoin,” a hilarious two-minute animation that satirizes all the brain dead arguments of Bitcoin cultists who have convinced themselves that Bitcoin isn’t a speculative bubble. You can watch it now at Counterthink.com (or see the embedded videos, […]
12/07/2017
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By Mike Adams
Health Ranger declares Bitcoin to be “digital tulip bulb mania” as irrational exuberance achieves PATHOLOGICAL extreme
As Bitcoin skyrockets past $18,000, I’m issuing a new Bitcoin warning video (see below for the full video). Bitcoin speculation has now clearly reached the level of a “digital tulip bulb mania” that’s going to end catastrophically. Historians will be writing about the mania (and the madness of crowds) for decades to come, and the […]
09/14/2017
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By Mike Adams
Bitcoin cultists PANIC as China to outlaw Bitcoin exchanges… price plummets 25%… proponents SHOCKED to discover governments can destroy cryptocurrencies
Bitcoin cultists who believed they had discovered a perpetual money generation shortcut that bypassed the laws of economic reality are suddenly shocked to discover that governments can regulate Bitcoin out of existence. In fact, it looks like China is beginning to accomplish exactly that. Via CoinDesk: Shanghai-based bitcoin exchange BTCC has announced it will be […]
08/07/2017
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By Ethan Huff
Bitcoin has devolved into a “pyramid scheme,” warns analyst who foresaw the dot com crash
Everybody’s catching bitcoin fever these days as the cryptocurrency craze reaches new heights. But a financial analyst who’s been watching the digital alternative to fiat currency unfold over the past several years says that people should be careful because cryptocurrency isn’t real, and in many ways resembles what some have colloquially referred to as a […]
06/21/2017
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By Mike Adams
Still think crypto currencies are a store of value? Ethereum just flash-crashed 96% in a matter of minutes
For the past few weeks, I’ve been warning about the extreme volatility of crypto currencies, urging readers to steer clear of the outlandish risks of these unproven, untested “casino-style” betting markets. As if placing an exclamation mark on that very point, Ethereum flash-crashed by 96% today, plunging from $360 to $13 in a matter of […]
06/15/2017
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By Mike Adams
BitRAPED.com news website launched as Bitcoin plunges nearly 30% in 3-day sustained crash
As promised, we’ve just launched a new website to document the Bitcoin mania (i.e. “Tulip bulb mania”) that has now taken hold across our world of incredibly gullible people. Visit BitRAPED.com for news coverage of the Bitcoin bubble, the Bitcoin crash and Bitcoin hustlers who are running a Ponzi-style “pump and dump” scheme that depends […]
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