Bitcoin won’t replace fiat currency. | Source: FedBul/Shutterstock If you’ve been reading my column, you know that I do not believe in the long-term story of bitcoin and that trading it is actually worse than gambling in a Las Vegas casino. [embedded content] I don’t believe bitcoin will actually ever replace fiat currency, and the […]
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The New York Times has made a mockery of journalism and is today no more valuable than the National Enquirer. | Credit: AP The New York Times has now officially transformed into the National Enquirer 2.0. The so-called newspaper’s story regarding another unverified, uncorroborated, unbelievable sexual assault allegation against Supreme Court Justice Brett Kavanaugh is […]
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Netflix will be adding “Seinfeld” to its service beginning in 2021. By then, it may be too late for Netflix to compete with all the other services. | Credit: AP Netflix is apparently doing its imitation of the Black Knight from “Monty Python and the Holy Grail,” i.e.”I’m not dead yet.” Netflix’s latest attempt to […]
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This bizarre conspiracy theory perfectly explains why Bill Belichick made that historic Patriots-Jets trade – and Sam Darnold’s mono. | Source: AP Photo / Matt Rourke It’s easy to hate a winner. Especially in professional football. Especially when you’re talking about the New England Patriots, Tom Brady, and Bill Belichick. As much as football fans […]
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Bitcoin trading isn’t for everyone, but if you decide to take the plunge, it’s best to learn from the whales. | Source: Shutterstock As a bitcoin skeptic, I don’t think it is a good idea for anyone to be trading or holding bitcoin or any other cryptocurrencies. However, I recognize that many investors are watching […]
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WeWork’s IPO valuation has been crushed during the past week, as investors realize the business is a house of cards. Here are five reasons why. | Source: REUTERS / Eduardo Munoz In the age of the unicorn valuation, WeWork is only the latest company to incur massive losses and still fetch a valuation in the […]
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By CCN: A bitcoin analyst and blogger confirms that the recent rise in the bitcoin price was not due to any kind of organic investor flow. My theory was that crypto whale traders swooped in late last year not merely because of the 85% decline in BTC but because of a key technical trading factor […]
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By CCN: There are two ways to catch a con man like Tesla’s Elon Musk: look at his previous statements and look at his current statements. The obvious lies are the current ones. The juicier and more damning ones are things said or thought years ago that come to light. Elon Musk Admits He Once […]
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By CCN: The crypto newswire went berserk after a research firm published a blockbuster report revealing deep-pocketed “whales” had jumped into the BTC market at the end of 2018 to take advantage of the bitcoin price dump. At that time, bitcoin had fallen 85 percent from its high. The whales knew precisely what they were doing. […]
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