Bitcoin Tyler Winklevoss to Bill Gates ‘Put Your Money Where Your Mouth Is’ Rick D
09 May, 2018, 00:43
At Berkshire Hathaway Inc's annual shareholder meeting, Buffett credited Apple with developing "extremely sticky" products to which consumers become attached and endorsed Apple's decision to buy back its own stock, saying it was the technology company's most productive use of cash. He said: "As a class of asset, you aren't producing anything so you should not just expect it to go up". "It does create a rising price, creates more buyers".
Gates as well as many other critics of the cryptocurrency are very negative about the extreme volatility of the cryptocurrency market. "It's kind of a pure "greater fool theory" type investment", Gates said.
Doubling down on comments during the weekend, Munger told CNBC on Monday that just because bitcoin and the blockchain technology behind it is "clever computer science doesn't mean it should be widely used, and that respectable people should encourage other people to speculate on it".
Though Bitcoin has been around for almost a decade, the cryptocurrency didn't really become a true mainstream phenomenon until late 2017 when the price of Bitcoin shot up from about $5,800 to almost $20,000 in the span of just four weeks.
While it looks like Bill Gates is exclusively anti-cryptocurrency here, he did acknowledge the fact that the blockchain technology behind digital currencies has some value.
He has previously said that cryptocurrencies "definitely will come to a bad ending". The cryptocurrency had been on a steady rise in the past three weeks, nearly reaching the $10,000 mark before slipping to $9,200 on May 6. The old-school duo called Bitcoin "rat poison" and "turd" earlier during the event. A trader that sells a futures contract in anticipation of the decline in bitcoin earns money if the purchase price will not shed.
Isolated globally, the Trump administration has gone ahead with its plans to open its embassy in Jerusalem. The global community considers the annexation illegal and considers east Jerusalem as occupied territory.
There's a reason why Russell Wilson and Drew Brees are the only quarterbacks in the league who are starting at 6-0 or less. The guy you're comparing him to [Taylor] has played a lot of games, and won games in the National Football League".
Early in the midterm election cycle, Republicans had hoped that winning Manchin's seat would increase their slim Senate majority. He added that the "institution would be misinforming him because they usually do not desire me to function as from the U.S.
Since the start of 2016, Harvey has posted a 5.93 ERA with 254 hits allowed and 163 strikeouts in 212.1 innings. It's just a little more of a bombshell in NY because of the history and the circumstances here.
Two miners were rescued on Saturday after the tremor caused part of the tunnel where they worked to collapse. The state mining supervisor said the quake was a type that can occur in coal mines deposits are removed.
Gambino was the week's celebrity guest host when he released the new music video which has garnered 15 million views to date. Glover played double-duty on " SNL ", not only hosting but performing as well, as his music alter-ego, Childish Gambino .
Previously numerous Apple's iPhone X users have come up connecting the breakdown of the Face ID with the back camera of the phone. The report shows a research note from Yuanta Securities, which claims that Apple might launch an iPhone with three cameras .
Princess Diana had so many iconic fashion moments - it really is the hardest of tasks to pick just one favourite. She strutted the red carpet this time wearing a trouser suit and entirely ditching the traditional long dress.
Over the past few weeks, he has greeted former Vice President Joe Biden, Senator Lindsey Graham, and former Senator Joe Lieberman. He rebukes the President for praising worldwide "tyrants", discrediting the media, ignoring human rights and demeaning refugees.
Summary of Vodafone Group Plc (LON:VOD) Ratings
SVS hit GBX 967.5 during the last trading session after GBX 2.5 change.Savills plc is after having 0.00% since May 6, 2017. Shore Capital reaffirmed a sell rating on shares of esure in a research note on Friday, January 19th.
Lebanon votes in first election in a decade
Interior Minister Nouhad Machnouk said voter turnout reached between 8-20 percent by 2.15 p.m. (1115 GMT). Faisal Karami, the son of the late pro-Syrian Prime Minister Omar Karami, won a seat for the first time.
Conte: In spite of a hard season we are still alive
The have just reached the final of the Champions League. "The players played a really good game", manager Antonio Conte said. Star Sports Select 2 and Star Sports Select 2 HD will provide live television coverage of the match in India.
Q1 2018: Apple sells 4 of the top 5 smartphones globally
The company exceeded analyst expectations in per-share earnings and revenues , lifting shares in after-hours trading. However, Apple shipped 16 million units of the " most expensive iPhone ever" in the given quarter, Cnet reports.