Sunday, September 24, 2023
No Result
View All Result
Blockchain Daily Report
Advertisement
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
Logo
No Result
View All Result
Home Bitcoin

Mark Cuban Chooses Crypto, Says ‘If You Have Gold, You’re Dumb As F*C*’

by Blockchain Daily Report
December 26, 2022
in Bitcoin
Reading Time: 3 mins read
A A
0
Mark Cuban Chooses Crypto, Says ‘If You Have Gold, You’re Dumb As F*C*’
Share on FacebookShare on Twitter


The comparability between bitcoin and gold will get livelier.

Though the sudden collapse of cryptocurrency trade FTX has left a really dangerous style amongst many buyers, Mark Cuban nonetheless has not given up on crypto.

In an obvious demonstration of his help for bitcoin, the billionaire additionally flung an expletive at gold speculators.

In an episode of the “Membership Random” podcast hosted by comic Invoice Maher and set to air Monday, the proprietor of the NBA staff Dallas Mavericks offered his ideas on gold and bitcoin.

Cuban acknowledged that bitcoin is a wonderful funding and desires the worth to drop additional so he might buy extra.

For his half, Maher mentioned he’s “very anti-Bitcoin” and has religion within the worth of gold.

As of this writing, bitcoin is buying and selling at $16,857, up 0.6% within the final seven days, knowledge from Coingecko present. The world’s largest crypto by way of market cap has misplaced greater than 60% of its worth this 12 months.

Picture: Kinesis Cash

Do You Have Gold? Then, Cuban Says You Are …

Cuban, in response to Maher’s assertion that he believed within the worth of the yellow steel, mentioned:

“You understand what? When you have gold, you’re dumb as f–okay.” 

For the reason that starting of the 12 months, the values of different main cryptocurrencies have decreased considerably. The worth of Ethereum and Cardano has plummeted by about 70% and 80%, respectively.

Cuban famous on Twitter final month that he has remained concerned in crypto as a result of he believes in good contracts, one of many main underlying applied sciences that allow crypto transactions.

The podcast host then contended that gold is “a hedge towards every little thing” and ““by no means goes away.”

To which Cuban replied:

“No, but it surely’s not a hedge towards something, proper? What it’s is the saved worth and also you don’t personal the bodily gold, do you… Gold is a saved worth and so is Bitcoin.”

Cuban acknowledged on Twitter final month {that a} token’s price is decided by the issues it might be used for and the utility of these purposes for customers.

Crypto complete market cap at almost $772 billion on the every day chart | Chart: TradingView.com

Bitcoin Vs. Gold: Market Cap

The market valuation of all cryptos has climbed from round $1 billion in 2013 to $1.15 trillion in November 2021, reflecting each the worth progress from 2013 and the rise in complete cash created.

As of at this time, complete crypto market cap has dropped to $772 billion. Bitcoin’s market cap is at $323 billion, knowledge from TradingView exhibits.

In response to In Gold We Belief Report, gold’s market worth climbed from roughly $8 trillion to roughly $12 trillion over the identical time interval.

Cuban has expressed quite a few opinions on cryptocurrencies up to now and earlier disclosed that the FTX debacle just isn’t indicative of crypto’s failure and that former FTX CEO Sam Bankman-Fried must be involved a few prolonged jail sentence.



Source link

Tags: ChoosesCryptoCubanDumbGoldMarkyoure
Share76Tweet47

Related Posts

Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

by Blockchain Daily Report
September 24, 2023
0

In a current improvement, asset supervisor Bitwise has withdrawn its utility to rework its present Bitcoin futures ETF (Bitwise Bitcoin...

Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

by Blockchain Daily Report
September 23, 2023
0

Bitcoin helps safe the truthfulness of Guatemala’s election outcomes.Due to OpenTimestamps, a device created by bitcoin developer Peter Todd a...

FTX Bankruptcy: Documents Show Coinbase Explored A Potential Acquisition

FTX Bankruptcy: Documents Show Coinbase Explored A Potential Acquisition

by Blockchain Daily Report
September 23, 2023
0

Latest paperwork have proven the San Francisco-based crypto alternate Coinbase had explored a possible acquisition of the European subsidiary of...

Analyst Backs Bitcoin To Reach $34,500 In 2024 In New Prediction

Analyst Backs Bitcoin To Reach $34,500 In 2024 In New Prediction

by Blockchain Daily Report
September 23, 2023
0

Bitcoin (BTC) has skilled little worth motion this week and is up by solely 0.25% in seven days, in line...

Coinbase Secures Registration With Bank of Spain

Coinbase Secures Registration With Bank of Spain

by Blockchain Daily Report
September 24, 2023
0

Outstanding digital asset alternate Coinbase has registered with the Financial institution of Spain as a certified cryptocurrency alternate and custodian...

Load More
  • Trending
  • Comments
  • Latest
BitPay + Ramp – Compre Bitcoin com PIX

BitPay + Ramp – Compre Bitcoin com PIX

September 14, 2023
Arbitrum Devs Release Orbit In Push For Ethereum L3’s

Arbitrum Devs Release Orbit In Push For Ethereum L3’s

June 22, 2023
Mysten Labs Announces Bullshark Quest 2 with 5M SUI Reward Pool

Mysten Labs Announces Bullshark Quest 2 with 5M SUI Reward Pool

July 28, 2023
CB Insights on 2023 Fintech Funding Woes; Strength in Early Stage Investment, ex-U.S. IPOs

CB Insights on 2023 Fintech Funding Woes; Strength in Early Stage Investment, ex-U.S. IPOs

August 15, 2023
Web3 Wallet Tracker – How to Create a Firebase Web3 Wallet Tracker

Web3 Wallet Tracker – How to Create a Firebase Web3 Wallet Tracker

January 1, 2023
Court Approves Disclosure of Essential Records in SEC-Binance US Saga

Court Approves Disclosure of Essential Records in SEC-Binance US Saga

September 16, 2023
Web3 Get Block Feature – Use a Web3 Get Block Timestamp Function

Web3 Get Block Feature – Use a Web3 Get Block Timestamp Function

January 20, 2023
Generative AI as a catalyst for change in the telecommunications industry

Generative AI as a catalyst for change in the telecommunications industry

September 20, 2023
Crypto Investor Barclays Announces Closure Of UK Accounts For British Expats

Crypto Investor Barclays Announces Closure Of UK Accounts For British Expats

September 24, 2023
Low-Cap Ethereum Competitor Skyrockets by 61% This Week Amid Flurry of Futures Contract Listings

Low-Cap Ethereum Competitor Skyrockets by 61% This Week Amid Flurry of Futures Contract Listings

September 24, 2023
Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

September 24, 2023
Is a Drop Below $0.5 Likely Before October?

Is a Drop Below $0.5 Likely Before October?

September 23, 2023
Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

September 23, 2023
FTX Bankruptcy: Documents Show Coinbase Explored A Potential Acquisition

FTX Bankruptcy: Documents Show Coinbase Explored A Potential Acquisition

September 23, 2023
Why This Bank CEO Wants 99% Of The Crypto Industry Gone

Why This Bank CEO Wants 99% Of The Crypto Industry Gone

September 23, 2023
Op-ed: Duopoly in digital mapping

Op-ed: Duopoly in digital mapping

September 23, 2023
Facebook Twitter Instagram Youtube RSS

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Blockchain Daily Report.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

  • bitcoinBitcoin(BTC)$26,580.000.06%
  • ethereumEthereum(ETH)$1,592.500.02%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$210.40-0.13%
  • rippleXRP(XRP)$0.51-0.36%
  • usd-coinUSDC(USDC)$1.000.01%
  • staked-etherLido Staked Ether(STETH)$1,593.540.14%
  • dogecoinDogecoin(DOGE)$0.061470-0.15%
  • cardanoCardano(ADA)$0.245326-0.34%