Bitcoin is cratering again, showing why people should be cautious before investing in “And, most of the people that do that lose money.”.
Table of contents
- Bitcoin soars. What is it? How can you buy it? What are the risks?
- Bitcoin Could Cost Upwards of $300,000, But Its Fall Will Be Brutal, Cryptocurrency Expert Warns
- Get the Latest from CoinDesk
Bitcoin soars. What is it? How can you buy it? What are the risks?
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Bitcoin Could Cost Upwards of $300,000, But Its Fall Will Be Brutal, Cryptocurrency Expert Warns
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Big asset managers including Tudor Investment and Guggenheim Partners have announced bitcoin purchases or wagered on prices using futures contracts on the Chicago-based CME exchange. Even old-line Wall Street firms such as Morgan Stanley have weighed in with bullish pronouncements. The U. Images of protestors storming the U. Much of those extra costs could be financed through additional Fed money printing. Retail purchases. That would imply a retracement of more than two-thirds from that hypothetically new all-time high. New York State prosecutors are currently battling Tether in court due to its finances.