Tag: Bill Gates

Are Gates, Buffet, and Munger All Threatened by Bitcoin?

The price of Bitcoin slipped this week after Bill Gates, Warren Buffet, and Charlie Munger all spoke poorly of the digital asset. But the question remains, do these billionaire heavyweights know what they’re talking about? Gates insisted that Bitcoin was a ‘greater fool’ investment, as well as “one of the crazier, speculative things” he had ever seen, and then doubling down by saying he would “short it if there was an easy way …
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Bitcoin Price Watch: Currency Spikes to $9,300

Bitcoin has jumped back to the $9,300 mark. The currency had recently been tested at $9,800, and was unable to surpass $10,000 mark over the weekend as so many analysts and users were hoping. It fell to $9,500 the following day, $9,300 after that, and ultimately settled at $9,100 during yesterday’s early morning hours. Overall, the total drop amounted to $700 over the course of three days. Now that the …
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Bitcoin Price Watch: Currency Drops Another $200

Bitcoin has continued to drop consistently over the last 48 hours. After a weekend high of roughly $9,800, many analysts and users thought bitcoin would strike the $10,000 mark in the coming days, though that figure laid out some serious resistance that bitcoin was unable to surpass. Since then, it has subsequently dropped to $9,500 and then $9,300, and is sitting at $9,100 at press time. The drops may have …
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Bitcoin Price Watch: Currency Drops Another $200

Bitcoin has dropped another $200 from yesterday, and is now trading for about $9,300. This is a $500 drop from the currency’s recent high of $9,800, proving that it was unable to test the $10K line in what was its second attempt since mid-March. While it is disappointing to see such a drop take place, there is good news afoot that bitcoin is managing to withstand present resistance levels. The …
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