{"id":1042,"date":"2018-06-26T16:09:53","date_gmt":"2018-06-26T15:09:53","guid":{"rendered":"http:\/\/www.wasteyourtime.co\/?p=1042"},"modified":"2019-07-05T12:26:14","modified_gmt":"2019-07-05T11:26:14","slug":"clairvoyant-from-wall-street","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2018\/06\/clairvoyant-from-wall-street\/","title":{"rendered":"Clairvoyant From Wall Street"},"content":{"rendered":"\n

<\/h2>\n\n\n

\u00a01 min read<\/span><\/i><\/p>\n

Just another clairvoyant from Wall Street.<\/p>\n

\"\"<\/p>\n

Jordan Belfort<\/span><\/i><\/a>\u00a0said Bitcoin\u2019s price struggles in 2018 signal the beginning of the end for the top-ranked cryptocurrency. He gave advice to holders to get out and to do that before ”the inevitable crash.”\u00a0<\/span>Despite the extremely negative attitude towards Bitcoin itself, but this clairvoyant from Wall Street has trusted to Blockchain, the technology behind BTC and other cryptos. He said that Blockchain held immense promise.<\/span><\/p>\n

So, why the end of Bitcoin is near, according to Belfort?<\/span><\/p>\n

The reason lies in the multiple price dips experienced in June 2018 show that BCT is approaching its \u201cfinal days.\u201d\u00a0<\/span>He said that a major crash that would decimate the perceived value of the crypto was imminent.<\/span><\/p>\n

According to him, the perceived value of Bitcoin<\/a> fell into the category of \u201cthe greater fool theory.\u201d He accused people like <\/span>John McAfee <\/span><\/i>of deceiving the cryptocurrency community with false promises saying: ”The only reason why they\u2019re doing that is that they\u2019re trying to get more suckers in. To create unrealistic price<\/a> projections at ridiculous values.”<\/span><\/p>\n

\"\"<\/p>\n

And Belfort went to say: <\/span>”Everything is wrong with it [BTC]. There\u2019re too many fundamental flaws with it, and [the] bottom line is, get out if you don\u2019t want to lose all your money.”<\/i><\/b><\/p>\n

This isn’t the first time that Belfort shows how hard he is against BTC and cryptocurrencies.<\/span><\/p>\n

In September 2017, he agreed with Jamie Dimon that BTC was a \u201cfraud.\u201d Belfort took things a step further the following month, calling ICOs \u201cthe biggest scam ever.\u201d<\/span><\/p>\n

Is he right, what do you think?<\/strong><\/h4>\n

True is that cryptocurrency remains an abstract investment for many, but there may be more appetite for digital currencies<\/a> than some might suggest or want it to be.<\/span><\/p>\n

\n

If you ask Steve Wozniak and Jack Dorsey<\/a>, Bitcoin will become the currency of the future.\u00a0And I agree with those two guys.<\/strong><\/p>\n<\/blockquote>\n

Belfort comes from Wall Street, remember that.\u00a0<\/span><\/p>\n

\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

\u00a01 min read Just another clairvoyant from Wall Street. Jordan Belfort\u00a0said Bitcoin\u2019s price struggles in 2018 signal the beginning of the end for the top-ranked cryptocurrency. He gave advice to holders to get out and to do that before ”the inevitable crash.”\u00a0Despite the extremely negative attitude towards Bitcoin itself, but this clairvoyant from Wall Street […]<\/p>\n","protected":false},"author":4,"featured_media":11162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1034,1029],"tags":[75,17,76,105],"class_list":["post-1042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies-where-to-invest","category-where-to-invest","tag-bitcoin","tag-blockchain","tag-crypto","tag-jordan-belfort"],"yoast_head":"\nClairvoyant From Wall Street - Where to Invest - Traders Paradise<\/title>\n<meta name=\"description\" content=\"Here is another ''Wolf Of Wall Street'' who predicts the end of Bitcoin. 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