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With Confident Ignorance Of Bitcoin, So-Called ‘Experts’ Sacrifice Their Credibility

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Recent examples of so-called “experts” speaking confidently, yet incorrectly, about Bitcoin will come back to haunt them.

This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.

Barely a week into 2023, and I’ve seen Anthony “Pomp” Pompliano debate Michael Shellenberger and Joe Rogan interview Peter Zeihan. While these media impressions may seem unrelated, a common thread is sewn between the two: experts in different fields confidently professing uninformed opinions on Bitcoin.  Read more...

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Ripple: SEC Could Face ‘Bruising Defeat’ Against, Legal Experts Predict

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As Bitcoinist reported, the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its end in leaps and bounds. Both parties recently filed their motions for summary judgment after the end of the discovery phase.

The chances of the SEC winning the case have continued to shrink, according to various legal experts. Senior analyst at Forbes and senior vice president at Strand Consult, Roslyn Layton, said “signs” of a “bruising defeat” for the SEC are mounting.  Read more...

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Here’s When A Finder’s Panel Of Experts Expect Dogecoin To Reach $0.6

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Dogecoin was one of the most prominent cryptocurrencies in 2021 to go on a remarkable rally. The digital asset had been much in obscurity before Elon Musk had begun his legendary shilling spree, and with support from one of the richest men in the world, Dogecoin’s price had risen to as high as $ 0.7. The meme coin has since lost most of that value, though, with investors hoping that it makes another run, but a Finder’s panel seems to have other ideas.

Dogecoin Will Continue To Struggle  Read more...

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🔴 Experts Predict Bitcoin’s Price | This Week in Crypto – Mar 21, 2022

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The post 🔴 Experts Predict Bitcoin’s Price | This Week in Crypto – Mar 21, 2022 appeared first on 99 Bitcoins.

Right now, children all across Ukraine are in grave danger due to the ongoing war. …

🔴 Experts Predict Bitcoin’s Price | This Week in Crypto – Mar 21, 2022 Read More »

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Big Bitcoin Price Boom Will Follow Consolidation, Market Experts Reveal

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Since July 10, within two weeks, the bitcoin price has declined from over $ 13,000 to $ 10,600, by more than 18 percent against the U.S. dollar. At its lowest point this month, the bitcoin price came close to dipping below the $ 9,000 level, dropping to as low as $ 9,080. Although BTC has shown relatively strong recovery […]

The post Big Bitcoin Price Boom Will Follow Consolidation, Market Experts Reveal appeared first on CCN Markets

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Bitcoin Still ‘Wildly Bullish’ Despite Sharp Recent Retreat, Experts Say

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Despite the recent fall of Bitcoin, experts have not yet abandoned their bullish sentiment. In fact, it seems that current events have only served to reinforce this perception. While it is true that bitcoin experienced a sharp drop, breaking essential supports for swing and day traders, in a long term vision it is possible that […]

The post Bitcoin Still ‘Wildly Bullish’ Despite Sharp Recent Retreat, Experts Say appeared first on CCN Markets

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‘A Very Expensive Failure’: Blockchain Experts Slam Facebook’s Libra Cryptocurrency

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By CCN Markets: A lot has already been said about Facebook’s Libra cryptocurrency and its ambition to disrupt the finance world. But what about the blockchain technology that powers it?  Blockchain experts have poured over the technical documents and played with the Libra protocol testnet. Suffice to say, they’re not convinced about Libra’s claims. “A disaster in slow motion” Bitcoin developer Tamas Blummer offered the most damning assessment of the Libra protocol. He said Facebook is abusing its position to muscle into the blockchain world. “Trying to buy leadership in a cutting edge technology is very expensive and likely futile.  Read more...

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Experts on 10th anniversary of first bitcoin transaction

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January 12, 2019 marked the 10th anniversary of the very first bitcoin transaction. Bitcoin creator Satoshi Nakamoto sent 10 bitcoins to a U.S. software engineer named Hal Finney (who some believe may have been one and the same) on January 12, 2009. A number of digital currency and blockchain indust…

The post Experts on 10th anniversary of first bitcoin transaction appeared first on CoinReport.

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The Next Big Thing or a Total Monstrosity? Four Experts Weigh in on Stablecoins

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Stablecoins have long divided opinion in the crypto community, with some believing they’re needed to gradually convert the masses away from fiat, whereas others have grave concerns about these dollar-pegged assets. Four experts – Gabriel Cardona, Roger Ver, Miko Matsumura, and Vin Armani – recently shared very different stablecoin opinions on the Bitcoin.com podcast. 

Also Read: How Institutional Investors Are Changing the Cryptocurrency Market  Read more...

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Nigerian Blockchain Experts Believe Crypto Can Boost African Economy

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When we talk about worldwide crypto adoption, one of the most untapped places in the world is Africa. Nigerian blockchain experts have called for greater regulation of cryptocurrency on the African continent to strengthen the sector in the region and to help boost the economy. Although most crypto-fanatics will pour scorn on any talk of

The post Nigerian Blockchain Experts Believe Crypto Can Boost African Economy appeared first on CCN

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Legal Experts Conclude Bitcoin May Not Be Legally Possible to ‘Possess’

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In Bitcoin’s cryptographic design, the holder of the key (or keys in the case of multi-signature transactions), whoever holds the key to coins is the decision-maker when it comes to spending them. The fraudulent actions at Mt. Gox and other exchanges were ultimately due to this fact. People made deposits, essentially giving control of their

The post Legal Experts Conclude Bitcoin May Not Be Legally Possible to ‘Possess’ appeared first on CCN

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Experts: No, Bitcoin Will Not Consume All the World’s Energy

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Every now and then a major news outlet gets carried away and reports that Bitcoin will consume all the world’s power. A conspiracy theorist might say that such stories are instigated by the international banking cartels in order to stoke fears that Bitcoin is not a sustainable alternative to fiat currency, and recent findings by

The post Experts: No, Bitcoin Will Not Consume All the World’s Energy appeared first on CCN

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Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class

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On October 15, Fidelity, the world’s fourth largest asset manager with $ 7.2 billion assets under management, launched its crypto custody arm. At the time, Fidelity CEO Abigail Johnson stated that the long-term strategy of the investment firm is to make Bitcoin and the rest of the cryptocurrency market more accessible to investors. “Our goal is

The post Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class appeared first on CCN

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North Korea is Using Cryptocurrency to Evade U.S. Sanctions: Experts

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Two Washington-based financial experts say that North Korea is increasingly using cryptocurrency to evade U.S. Sanctions. According to Lourdes Miranda, a financial crimes investigator specialized in intelligence collection and analysis, and Ross Delston, an expert witness who specializes in anti-money laundering and combating the financing of terrorism, Pyongyang is creating its own cryptocurrency and is likely also using popular … Continued

The post North Korea is Using Cryptocurrency to Evade U.S. Sanctions: Experts appeared first on CCN

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Experts Warn SEC And Congress: Bad Rules Will Harm Bitcoin Investors

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Experts Warn SEC And Congress: Bad Rules Will Harm Bitcoin Investors

Governments are known to pass bad regulations that harm industries as well as implement rules that often lead to unforeseen, negative results — consequences that significantly deviate from the new rule’s original intent. And that’s a major reason why software engineers developed Bitcoin (BTC) and other trustless mediums of exchange in the first place: to make snooping intermediaries obsolete when it comes to blockchain-powered transactions. A group of Bitcoin and finance experts this week warned the U.S.

Continue reading Experts Warn SEC And Congress: Bad Rules Will Harm Bitcoin Investors at Crypto Daily™.

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Should We Hold ‘Experts’ Accountable for Failed Crypto Predictions?

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Former Daily Show host John Stewart famously confronted CNBC Mad Money’s Jim Cramer for his coverage of the 2008 financial crisis, in what turned out to be one of the more monumental financial media events of the decade. “Your money is safe in Bear Stearns,” Cramer said just six days before the global investment bank […]
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Terrorists Not Gaining From Cryptos But Risks Remain, Experts Tell Congress

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Terrorists Not Gaining From Cryptos But Risks Remain, Experts Tell Congress

Terrorist groups such as Al-Qaeda, the Islamic State and others have unsuccessfully tried to raise money through cryptocurrencies such as Bitcoin, a former CIA analyst told Congress on Friday per Forbes. “By preparing now for terrorists’ increasing usage of cryptocurrencies, the U.S. can limit the ability to turn digital currency markets into a sanctuary for illicit finance,” said Yaya Fanusie in prepared testimony to House Financial Services Committee.

According to Fanusie, cryptocurrencies have thus far been a poor form of money because they purchase goods and weapons with hard cash in places that have unreliable technology infrastructure.  Read more...

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November Will Be The Turning Point For Bitcoin According To Experts

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November Will Be The Turning Point For Bitcoin According To Experts

As we all know, Bitcoin is the most advanced and successful cryptocurrency of all time. In 2017 it was estimated that between 2.9 and 5.8 million individual users were using a cryptocurrency wallet and most of them were using Bitcoin. Despite being the only form of currency exchanged by Silk Road in the early days and fluctuating in value day by day, the tender firmly found its feet after the 2012 appointment of The Bitcoin Foundation.

Continue reading November Will Be The Turning Point For Bitcoin According To Experts at Crypto Daily™.

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Navigating Cryptocurrency Exchanges: Experts Weigh In

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Although one of the primary goals of Bitcoin is to create a currency that is borderless and decentralized, a recurring concern is the way (other than mining) that we are able to actually acquire it and other cryptocurrencies. Crypto exchanges became a necessary component of this equation, and they hold a huge influence over the crypto market worldwide.

At the San Francisco-based blockchain conference Distributed 2018, Ben El-Baz, Chief Strategy Officer at XDAEX, moderated a panel of experts and entrepreneurs involved in international cryptocurrency exchanges, using his own experience at a Hong Kong exchange to ask piercing questions.  Read more...

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New Deloitte Survey Finds Over 70% of Executives Are ‘Blockchain Experts’

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New Survey: Over 70% of Executives Think They Are “Experts” on Blockchain Technology

Blockchain technology has increased in popularity during the last 18 months, mainly due to the unparalleled cryptocurrency rally at the end of 2017. A new study casts light on how industry executives see themselves in relation to experts amid this emerging tech.

“Excellent” to “Expert”

According to Deloitte’s 2018 Blockchain Survey, over 70 percent of the executives who took part see themselves as either “Excellent,” or as “Experts,” when it comes to blockchain.

The survey was held amid 1,053 senior executives in seven different countries – Canada, China, Germany, France, Mexico, United Kingdom, and the United States. All of the responders worked at companies generating $ 500 million or more in annual revenue.  Read more...

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