The unflattering commentary on cryptocurrencies routinely offered by Berkshire Hathaway CEO Warren Buffet continued apace at the company's May 5 annual meeting. According to CNBC reporting, Buffet reiterated his position that cryptocurrenices are destined for what he termed a "bad ending," and used "rat poison squared"…
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Predictions
Cryptocurrency critics speak up during the Milken Institute Global Conference
The Milken Institute Global Conference was yesterday, and Economist Nouriel Roubini made his opinion known when he spoke at a panel, according to Bloomberg. He was incredibly critical of the cryptocurrency market and had no filter when he said: “all this talk of decentralization is just bulls**t.” Another panelist…
Reddit's Alexis Ohanian Predicts Ethereum Will Reach $15,000 This Year
Fortune reported on May 2nd that Alexis Ohanian, one of the co-founders of popular Internet site Reddit, is predicting that the price of the cryptocurrency Ethereum (ETH) will hit $15,000 before 2018 is over. Ohanian currently works full-time at Initialized Capital, a venture capital firm. He predicts that Bitcoin…