UBS’ Paul Donovan Claims Bitcoin Is in its Death Throes and Wants it “Buried”

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UBS’ Paul Donovan Claims bitcoin Is in its Death Throes and Wants it “Buried”

Why is the price of bitcoin and cryptocurrency crashing

In a scathing November 26, 2018, blog post titled “I come to bury bitcoin, not to praise it,” UBS Group’s Global Chief Economist Paul Donovan has called for the end of the cryptocurrency bubble. Claiming that bitcoin is in its “death throes,” he attempted to reason that a loss of over 80 percent is “not healthy” for any economic asset….Read More. The post by Rahul Nambiampurath appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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