When Mark Cuban tweets, people listen. <\/p>\n
At least that appeared to be the case on Tuesday when the outspoken billionaire offered this bitcoin warning to his 7.1 million Twitter followers: <\/p>\n
At the time, bitcoin BTCUSD, +5.00% was slightly off its high for the day but was still holding strong near the $2,900 level. As you can see, soon after the tweet, the volatile cryptocurrency drifted further from its peak. <\/p>\n
Regardless, bitcoin has been on an absolute tear this year, surging some 200% and gaining more widespread recognition, even prompting one of social medias most popular gun-toting poker players to join the fun. <\/p>\n
But Cuban remains unconvinced: <\/p>\n
And: <\/p>\n
Of course, this isnt a big departure for Cuban, who once told USA Today that bitcoins got no shot as a long-term digital currency. <\/p>\n
He didnt, however, rule it out as a possible investment play. <\/p>\n
Read: With bitcoin surge, cryptocurrencies top $100 billion in market capitalization. <\/p>\n
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See the rest here:<\/p>\n
Mark Cuban tweets, and bitcoin drops - MarketWatch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" When Mark Cuban tweets, people listen. At least that appeared to be the case on Tuesday when the outspoken billionaire offered this bitcoin warning to his 7.1 million Twitter followers: At the time, bitcoin BTCUSD, +5.00% was slightly off its high for the day but was still holding strong near the $2,900 level. Continue reading