Well fast forward to Sunday, and there’s more cryptocurrency news out of South Korea.
Category: crypto
‘It Happened In One Second’: Visa Suddenly Bans Cryptocurrency Cards Leaving One Man Without A Beer
“For all people who use bitcoin for their day to day expenses, it was the only way to do that.”
Peak Ripple? Chris Larsen Lands In The New York Times Amid ‘Insane’ Rise On Forbes List
“There’s absolutely nothing driving this rally except rampant FOMO, misinformation, and speculation.â€
Bitcoin Surges Back Above $16,000 In Abrupt Early Morning Move
And not a moment too soon for the bulls.
SEC Issues New Cryptocurrency Warning: ‘If You Lose Money, We Can’t Get It Back’
“…but we again caution you that, if you lose money, there is a substantial risk that our efforts will not result in a recovery of your investment.”
Look Out Jeff Bezos: Ripple Co-Founder Now Richer Than Google Co-Founders
This is so laughable that the English language is not a sufficient tool…
Jeremy Grantham: Bitcoin Dwarfs The South Sea Bubble, My Nephew Is Obsessed With It
“This is a true, crazy mini-bubble of its own I expect – it has certainly passed my ‘nephew test’ of his obsessing about buying or not.”
Merrill Lynch Bans Trading In Bitcoin Fund
It applies “to all accounts and precludes the firm’s roughly 17,000 advisers from pitching bitcoin-related investments [and from] executing client requests to trade GBTC.”
Ripple Co-founder Chris Larsen Now Richer Than Ray Dalio And Carl Icahn
“…there is no guarantee that any of these folks will still be billionaires when Forbes publishes its next list in March.”
The Â¥3.2 Trillion Question: What Will Mrs. Watanabe Do With ‘Her’ Bitcoin Riches?
Draw your own conclusions.
David Stockman: Bitcoin Speculators Will ‘Have Their Hands Burned To A Crisp’
“All of these latter-day speculators will have their hands burned to a crisp, and they will learn the proper lesson.”
Bitcoin Gains Will ‘Ignite The Spirit’ Of The Samurai, Boost Japanese Economy
That raises the following obvious follow-on question…
Bank Of England Could Launch Bitcoin ‘Competitor’ As Early As 2018
“…a Bank of England-issued digital currency would potentially allow British citizens to keep their money – in digital form – with the central bank itself, dispensing with the need for a retail bank.”
‘I Do Not Believe This Time Is Different’: One Investor Updates His Cryptocurrency Bubble Prediction
“That is very often the final stage of a bubble and I do not believe that “this time is different.”
Bitcoin ‘Dominance’ Approaches All-Time Low Amid Furious Fidget Spinner Rally
Fortunately, there’s still time to “diversify”…
‘Flippenings’ And Fidget Spinners: Ripple Mania Goes Parabolic
This should be fine.
Are You Underestimating The Size Of The Crypto Bubble?
“In some cases this might make sense (for bitcoin, the total supply is not yet mined and won’t be for a long time so it is truly not accessible), but for almost all other cryptoassets this view is simply misleading.”
Ethereum Co-Founder Vitalik Buterin Has Twitter Meltdown, Is Tired Of Hearing About ‘Lambos’
This horse has left the barn Vitalik. You can’t put the genie back in the bottle now.
You Know John McAfee’s Twitter Account Was ‘Hacked’ Because Crypto Tweets Didn’t Mention Dick-Eating
Boy, there is so much irony in this story that it’s hard to know where to begin.Â
Carnage In Crypto Land: South Korea Threat To Shutter Exchanges Sparks Renewed Selloff
Government interference in cryptocurrencies is something of a bitter-sweet proposition for crypto bulls.
Only These 51 Things Could Go Wrong With Bitcoin ETFs
You should be fine as long as the risk factors don’t stretch into the triple digits.
‘They Might As Well Be Getting Lottery Tickets’: Who Wants To Receive Their Salary In Bitcoin?!
While we’re all just making shit up, let’s go ahead and opt to have our salaries paid in Bitcoin, ok?
Is This The Scariest Bitcoin Chart Of Them All?
You can make of that what you will, but…
‘Bitcoin Froth’ Will Spill Over Into Stocks And Beware The ‘Crypto Winter’
“I don’t think it’s going to be a bubble that’s just going to burst and everyone is going to lose their money, but”…
Is This The First ‘Evidence’ Of Insider Trading At Coinbase?
The bottom line from where we’re sitting is not “who is “mukiwa2” because you know, who the fuck cares, right? The issue, rather, is precisely what we said it was last week…
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