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Jordan belfort bitcoin
Belfort is only trying to spread. "I know this better than anyone in the world. Others think hes trying to stay relevant by sharing his opinion on one of the most debated topics in the world. Bitcoin traded near 6,600 Monday morning according to data from Coindesk, a 12 percent rebound from the cryptocurrency's lows last month. Great Fools Theory Belfort says in a recent video. In an interview last year, he said the cryptocurrency was a fraud as bitcoin is specifically being backed by nothing other than a program that creates artificial scarcity. This thing is going to evaporate like a mirage, he added.
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FUD among investors who listen to him. ICOs were the biggest scams ever. Belfort told Bet-David he had invested not a bitcoin-kupla 2017 penny in cryptocurrency. Belfort, whose criminal activities were dramatized in the 2013 film. Belfort, who spoke about the greater fools theory in his video, which he believes is the main issue affecting the market, and will ultimately lead to its end. Join CCN's crypto community for.99 per month, click here. One of Wall Streets most infamous scam artists continues to pound the table on bitcoin, predicting that the flagship cryptocurrency is primed for a crash that he has dubbed the bust heard round the world. The Greater Fool theory is an investment theory which believes the price of a security can be justified by a rational buyer who foolishly believes someone else can pay a higher price for it irrespective of its intrinsic value. "Bitcoin is all based on the. It seems bizarre to me that it can ever really be sustainable.
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