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News & Articles By Mike Adams
09/17/2017
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By Mike Adams
John McAfee accidentally just revealed why Bitcoin is a total fraud: Behold the logic of “artificial work”
In a recent CNBC interview that’s being widely touted by self-deluded Bitcoin promoters as some kind of “smack down” of JP Morgan CEO Jamie Dimon, Bitcoin advocate John McAfee accidentally admitted why Bitcoin is a total fraud that’s doomed to fail. In answering Jamie Dimon’s recent declaration that Bitcoin is a fraud, McAfee replied: (see […]
09/14/2017
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By Mike Adams
Cryptocurrency house of cards collapse accelerates… Five new Health Ranger podcasts school the deluded in economic reality
The Bitcoin house of cards continues to collapse at an accelerating rate, now plunging from nearly $5000 to about $3200, wiping out more than $23 billion in “assets” that foolish people deluded themselves into thinking was real. As explained on Zero Hedge via iBankCoin.com (which has been zealously pro-Bitcoin, for the most part): Let’s review […]
09/14/2017
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By Mike Adams
Bitcoin cultists PANIC as China to outlaw Bitcoin exchanges… price plummets 25%… proponents SHOCKED to discover governments can destroy cryptocurrencies
Bitcoin cultists who believed they had discovered a perpetual money generation shortcut that bypassed the laws of economic reality are suddenly shocked to discover that governments can regulate Bitcoin out of existence. In fact, it looks like China is beginning to accomplish exactly that. Via CoinDesk: Shanghai-based bitcoin exchange BTCC has announced it will be […]
08/13/2017
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By Mike Adams
Bitcoin blasts through $4000 as new suckers buy into the “promised land” of digital fiat currency backed by nothing
Bitcoin just blasted through $4000 as new suckers have been convinced that a cryptocurrency backed by nothing is a magical perpetual motion machine that will make everybody rich if they would just buy more Bitcoin. The sales pitch for Bitcoin now mirrors the greed-driven con of the dot-com bubble: “Mortgage your house! Buy Bitcoin! You’ll […]
07/26/2017
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By Mike Adams
Bitcoin miners “holding on with a death grip” as Bitcoin “pipe dream” appears hopelessly obsolete, slow and fractured: An interview with Kevin Lawton
In a fascinating, two-part interview with cryptocurrency analyst Kevin Lawton, the Health Ranger discusses the promise of decentralization, the vulnerabilities of Bitcoin and what the future holds for cryptocurrencies. (See video below.) – Background on cryptocurrencies, and why Bitcoin was a useful “proof of concept” but doesn’t represent the future of cryptocurrency. – Why Bitcoin […]
07/19/2017
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By Mike Adams
Coinbase to suspend all accounts on August 1st as “civil war” hard fork hammers Bitcoin… massive fraud now the norm at Coinbase
There is no longer any question about it: Coinbase is a massive fraud and appears to be engaged in widespread criminal conspiracy. Coinbase is the most popular online wallet for Bitcoin, and I have previously reported on how Coinbase has seized Bitcoins from users in Wyoming and Hawaii, preventing them from accessing their coins even […]
07/16/2017
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By Mike Adams
Health Ranger warns: Bitcoin collapse now under way… has already plunged nearly 40% from its high
In case you having been paying attention to the world of crypto currency, Bitcoin has now collapsed almost 40% from its high, plunging from $3,000 to nearly $1,800 in anticipation of the “Bitcoin civil war” that’s rapidly approaching. From July 21st through the end of the year, a timeline of serious obstacles threatens to crater […]
06/21/2017
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By Mike Adams
Still think crypto currencies are a store of value? Ethereum just flash-crashed 96% in a matter of minutes
For the past few weeks, I’ve been warning about the extreme volatility of crypto currencies, urging readers to steer clear of the outlandish risks of these unproven, untested “casino-style” betting markets. As if placing an exclamation mark on that very point, Ethereum flash-crashed by 96% today, plunging from $360 to $13 in a matter of […]
06/13/2017
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By Mike Adams
Bitcoin wallet COINBASE now seizing accounts of Americans… users rage against “total ripoff” as their Coinbase accounts VANISH
The popular online Bitcoin wallet Coinbase has been routinely seizing accounts of users in Hawaii and Wyoming, effectively “stealing” their Bitcoins by locking them out of their accounts. A Natural News investigation confirms that Coinbase is citing obscure state laws in its decision to seize accounts of users in both states, yet the online wallet […]
06/11/2017
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By Mike Adams
BITCOIN BUBBLE: Seven simple, self-evident questions that will cause you to steer clear of the Bitcoin bubble mania
I’m really enjoying the vigorous debate about Bitcoin taking place across the liberty movement. It’s really interesting that many of us who are anti-central bank actually have sharp disagreements now on the Bitcoin situation. Yet we’re all pro-crypto-currency, and we all hope Bitcoin succeeds in the long run. (I’ve been mining Bitcoin for quite some […]
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