Business Insider
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The bitcoin debate rages on
Business Insider CEO Henry Blodget and executive editor Sara Silverstein discuss bitcoin, which has seen mixed public comments from influential people lately. Blodget reiterates his long-standing view that bitcoin is the perfect example of a speculative bubble, because there's no plausible argument for how to value it. Silverstein mentions the future use of blockchain perhaps attracting a valuation, and says that bitcoin can be compared to...
Related topics : bitcoin business insider
Bitcoin's bubble swells with a new record high
Business Insider CEO Henry Blodget breaks down bitcoin's surge to another record high this week, which has spurred more questions around how high it can go. The cryptocurrency has doubled in August alone, further fueling the argument that it's a speculative bubble. If you choose to invest, the best way forward is to focus on bitcoin transactions, and note the similar meteoric rises in other cryptocurrencies.
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$6 TRILLION INVESTMENT CHIEF: Bitcoin is a bubble
Business Insider executive editor Sara Silverstein speaks with Richard Turnill, global chief investment strategist at BlackRock, which oversees $6 trillion. He says that while he thinks blockchain technology will be adopted more over time, but that doesn't mean that cryptocurrencies should keep going higher and higher. He says they show a lot of the characteristics of a bubble. Lastly, he argues that bitcoin has no fair value right now, which is why he doesn't own...
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Henry Blodget: Bitcoin could go to $1 million
Henry Blodget discusses this week's bitcoin rally, and how the virtual currency could just as easily go to $1 million as it could fall to $0. Blodget has been covering bitcoin for several years, and has maintained the view that ultimately, it has no intrinsic value.
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Charles Schwab Chief Global Strategist Says Bitcoin Crash Won't Infect the Whole Market
Business Insider editor-at-large Sara Silverstein sits down with Jeffrey Kleintop, chief investment strategist at Charles Schwab, to chat about a possible bubble in bitcoin. He says a crash will be different than the type of downturns that have historically occurred in markets, because it's not yet embedded in the financial system. He urges investors not to worry about a bitcoin crash — unless they own it.
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What you need to know about Bitcoin after the split
Business Insider CEO Henry Blodget explains Bitcoin cash and why Bitcoin could go to $1M.
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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video...
Related topics : bitcoin business insider
RAY DALIO: Bitcoin is a speculative bubble
Business Insider CEO Henry Blodget sat down with Ray Dalio, the chairman and co-CIO of Bridgewater Associates and author of the newly released book "Principles: Life and Work."
Blodget asks Dalio about Jamie Dimon's recent comments referring to bitcoin as a fraud. Dalio says bitcoin is not an effective medium of exchange, calls the currency a speculative bubble, and says even the privacy aspect will be stress tested.
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How to use one of the many apps to buy and trade bitcoin
Using the app Coinbase, we bought and sold bitcoin to better understand how the cryptocurrency works.
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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The...
Related topics : use bitcoin to buy
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