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At press time, the father of cryptocurrency has broken $7,000, which is about $300 higher than where it stood yesterday afternoon. This means that bitcoin jumped roughly 20 percent over the past two weeks, with gains of approximately $1,200 (the August low was $5,865). One source alleges that bitcoin short positions have grown exponentially over … Read more
Bill Harris has made clear his view on cryptos several times. The former PayPal CEO has in the past described Bitcoin as the ‘greatest scam in history’ and a massive ‘pump and dump scheme.’ Harris recently reiterated his stand, further claiming that all the praise that Bitcoin has been receiving as an efficient payment method … Read more
Bitcoin has jumped to just over $9,200. That’s a $400 increase from yesterday’s trading position of $8,800, and it appears the bulls are back in the game. The last 48 hours had everyone worried somewhat, with the currency experiencing a $500 drop from its recent high of $9,300. A whirlwind of phony deals and Mt. … Read more
It has been at least a full week since we last heard a highly controversial statement regarding Bitcoin and other cryptocurrencies. According to PayPal Founding CEO and Former Intuit CEO Bill Harris, Bitcoin is the greatest scam ever. A statement like that from an individual who sees his business models threatened by cryptocurrency is not necessarily surprising. … Read more
