Bitcoin is a ‘Dead Man Walking’, Claims Creative Planning CIO

Bitcoin is a “dead man walking” whose price will eventually plunge to zero. That’s the dire prediction of Peter Mallouk, the president and chief investment officer of Creative Planning Inc., a Kansas investment firm that manages $32 billion in assets. The avowed bitcoin skeptic said BTC bulls are delusional saps who don’t realize that their […]

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Amazon Survived an Asset Bubble — Bitcoin Will Too: Crypto VC

Twitter Facebook LinkedIn For the co-founder and partner of cryptocurrency firm CryptoOracle, Lou Kerner, patience is key when it comes to investing in bitcoin. Speaking to CNBC, Kerner said bitcoin investors should take comfort in the example of tech giant Amazon, which lost significant value when the dot-com bubble burst but has now emerged as […]

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Bitcoin ‘Not a Rational Currency,” Doesn’t Mean It’s Worthless: Ex-Fed Chair Greenspan

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Former Federal Reserve Chairman Alan Greenspan said that bitcoin bears many similarities to the Continental dollars that the American Congress printed during the War for Independence to finance the war against Great Britain. Greenspan, who chaired the Fed from 1987 to 2006, […]

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