Mining company Genesis Mining potrollila Buffett's criticism of Bitcoin

Date:

2018-05-19 20:30:06

Views:

3656

Rating:

1Like 0Dislike

Share:

Mining company Genesis Mining potrollila Buffett's criticism of Bitcoin Source:

In early may, investor Warren Buffett once again Bitcoin, calling it rat poison. According to him, the value of a coin depends on the demand of investors, so criptural has become "a convenient tool for charlatans." Now came the turn to criticize the Buffett. The staff of Genesis Mining placed under the Windows of his office the Billboard with an inscription on the erroneous opinion of the investor.

the

Supporters of Bitcoin against critics

shares the Authors quote the words of the founder of Berkshire Hathaway, said at a meeting of shareholders of the company. It is reported .

Buffett: I was wrong about the futility of Google and Amazon.

Genesis-Mining: maybe you're wrong about Bitcoin?

According to the representative of the mining company, the event marks the beginning of large-scale expansion in Iceland. Genesis Mining plans to open in the country a few large farms mining of cryptocurrency.

Genesis Mining Previously held the action "the bankers against Bitcoin" the cryptocurrency during a Consensus conference in 2018. The people in the suits, similar to bankers, shouted slogans against Bitcoin and digital money. According to the company, the organizers wanted to demonstrate how banks behave towards cryptocurrency.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Steve Wozniak: Ethereum will be the second Apple

Steve Wozniak: Ethereum will be the second Apple

In late February, investor and co-founder of Apple Steve Wozniak about the theft of seven bitcoins. When you try to sell the coins, the entrepreneur is faced with a fraud — he received the money and sent the coins to the buyer. Ho...

What cryptocurrency to buy? The Chinese government has made a rating of the best coins

What cryptocurrency to buy? The Chinese government has made a rating of the best coins

At the end of March we antireyting coins. He got hit with crypto-currencies, the depreciation of which was particularly notable. For example, the Ripple in the first days of January was worth 3.68 dollar, and now give him 66 cents...

In Moscow detained a

In Moscow detained a "seller" of the cryptocurrency who stole 11 million rubles

a Month ago, a resident of Moscow 10 million rubles. The man handed the second party to the transaction hardware wallet with cryptocurrency, but the money return is not received. Instead, the last sat in the car and drove away in ...

The Chinese government stated the need to introduce a state monopoly on the issue of cryptocurrencies

The Chinese government stated the need to introduce a state monopoly on the issue of cryptocurrencies

At the end of March, the people's Bank of China cryptocurrency greatest risk to the yuan. In this case the regulator announced its intention to produce a national coin, and is now studying the market. Now the representative of the...

Switzerland has thought of creating a national cryptocurrency

Switzerland has thought of creating a national cryptocurrency

At the end of last year, Switzerland's largest Bank UBS about the merger with Barclays, Credit Suisse, HSBC, MUFG and State Street to create your own coins on the blockchain. The token will be called Utility Settlement Coin and m...

A Moscow court commented on the recognition cryptocurrency assets

A Moscow court commented on the recognition cryptocurrency assets

last Monday, the court declared the cryptocurrency assets, which earlier in Russia did not happen. The event caused the reaction of the representatives of the community and experts that the decision of the case. Now the position w...

The Ministry of justice confirmed the identity of the cryptocurrency to the property

The Ministry of justice confirmed the identity of the cryptocurrency to the property

last week a Moscow court to include the cryptocurrency in the bankruptcy estate of the debtor. Thus the coins for the first time recognized the property on the territory of Russia. The correct position was confirmed by the represe...

Chinese fraudsters sold for $ 47 million tokens provided tea

Chinese fraudsters sold for $ 47 million tokens provided tea

Yesterday the Commission on securities and stock exchanges of the USA the fake ICO, to teach investors to distinguish the fraudulent from the real projects. Cryptocurrency allegedly secured "government guarantees", approved on the...

Bitmain will manufacture devices for learning artificial intelligence

Bitmain will manufacture devices for learning artificial intelligence

Chinese manufacturer of ASIC miner Bitmain in January about the opening of a subsidiary in Switzerland. In the future the company intends to migrate all its activities to the North of Europe due to the negative attitude of the Chi...

For what period of time pays off mining. Version of Internet Ombudsman of the Russian Federation

For what period of time pays off mining. Version of Internet Ombudsman of the Russian Federation

Interested in mining people often ask how much you earn. Guys more experienced are interested in the rate of return on the investments will invest. The answer to the second question was the Internet Ombudsman Dmitry Marinichev. th...

Bitcoin dropped to $ 8,000. Review of Professor

Bitcoin dropped to $ 8,000. Review of Professor

the Main cryptocurrency of the world continues to decline. In recent days, the peak value of 8360 $ changed to 7974. The coin is now trading at 8132 dollars. The situation was commented by the Professor of the Department of financ...

Mainnet: six long-awaited launches in may-June 2018

Mainnet: six long-awaited launches in may-June 2018

If 2017 was the year of promises and rumors, 2018 will be the year of cryptocurrency projects will begin to deliver on their promises. The actual work product in the form of a core network (mainnet) is the first important step in ...

AMD CEO: the demand for mining-device — is this normal

AMD CEO: the demand for mining-device — is this normal

last week, the manufacturer of graphics accelerators Nvidia, for the first time income from sales of the devices to miners. In the first three months the company earned on the sale of the devices to mining cryptocurrency 289 milli...

CFO of PayPal: Bitcoin entrepreneurs are not interesting because of volatility

CFO of PayPal: Bitcoin entrepreneurs are not interesting because of volatility

In late April, co-founder of PayPal, bill Harris that Bitcoin is the biggest fraud in the history of mankind. The main drawback of the first cryptocurrency, the top Manager called it futility as a means of payment. With it partly ...

The Commission on securities and stock exchanges of the USA has launched a fraudulent. ICO

The Commission on securities and stock exchanges of the USA has launched a fraudulent. ICO

In April, the Commission on securities and exchange Commission (SEC) charges against the organizers of the initial placement of tokens Centra Tech startup. According to the regulator, the company has organized a fundraiser to defr...

Mining Scam. As the missing $ 100 million ICO Envion

Mining Scam. As the missing $ 100 million ICO Envion

In December, we about magic ICO Envion. The company was going to create mobile containers with mining farms within and Internet connection. To invest offered, and crazy over 160 percent per annum. In the end, after studying the de...

Jack Dorsey: Bitcoin can become a native cryptocurrency, which needs Internet

Jack Dorsey: Bitcoin can become a native cryptocurrency, which needs Internet

At the end of March, the head of Twitter and a payment system Square, Jack Dorsey that by 2028 Bitcoin will become the only world currency. Now he added that the first coin must be native — it needs it online. His words are quoted...

Carefully, the Scam: the researchers talked about a dangerous new extension for Chrome

Carefully, the Scam: the researchers talked about a dangerous new extension for Chrome

on Tuesday, the staff NiceHash about the dangers of all owners of cryptocurrencies. According to them, the Internet is now a huge number of fake resources that are offered to download "NiceHash Miner". Actually it is a malicious v...

How many percent of the world electricity spent on mining — the answer scientists

How many percent of the world electricity spent on mining — the answer scientists

In February, the Icelandic businessman interesting Outlook. Version Johan Snorri's Sigurbergsson on mining in the country this year will leave more than the ordinary needs of citizens. Scientists have gone further and determined t...

Bitcoin has fallen, what happens next? Version cryptocurrency trader

Bitcoin has fallen, what happens next? Version cryptocurrency trader

Today, Bitcoin is trading at $ 8350. Coin shows almost two-percent daily growth, whereas its market capitalization is 142 billion dollars. Market share — 37 percent. The situation was commented by the trader Dmitry Lavrov. the For...