CRYPTO NEWS

$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate and notable economic forecasting going on. Read about it all right here, in this week’s Bitcoin.com News Week in Review.

$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End


Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year.

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$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994


The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed members’ expectations, the central bank will likely add another 1.5 percentage points by the year’s end.

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$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’


Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens.”

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$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’


Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.”

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What are your thoughts about the conflicting views on bitcoin and crypto from Bitcoin.com News’ hottest stories this week? Let us know in the comments section below.

Returned error: VM Exception while processing transaction: revert when multiplying

I geting VM exception calling this function. Someone could give me a hint? function ownerCheckReward(address _address) view external returns(uint){ uint _moment = moment[_address]; uint _allowance = allowance[_address]; uint _timestamp = block.timestamp; uint mul = _moment * _allowance; uint result = _timestamp – mul; return result; } Var declaration mapping(address => uint) allowance; mapping(address => uint)::Listen

I geting VM exception calling this function. Someone could give me a hint?

function ownerCheckReward(address _address) view external returns(uint){     uint _moment = moment[_address];     uint _allowance = allowance[_address];     uint _timestamp = block.timestamp;     uint mul = _moment * _allowance;     uint result = _timestamp - mul;     return result; } 

Var declaration

mapping(address => uint) allowance; mapping(address => uint) moment; 

The test

const PayRole = artifacts.require("Payrole") const Token = artifacts.require("Token")  contract("PayRole", (accounts) => {     it("Should allow the owner to add a new dev.", async () => {         const _payrole = await PayRole.deployed();         await _payrole.addDev.sendTransaction(accounts[2], 10000);         const result = await _payrole.getStatus.call(accounts[2])         assert.equal(result, true, "The dev address wasn't allowed")     })     it("Should allow anyone to send the specific token to the contract.", async () => {         const _token = await Token.deployed()         await _token.transfer('0x893BFba8e5d9Cbd998b248a39a4905E7DBD100FC', 10000, {from: accounts[0]})         const balance = await _token.balanceOf.call('0x893BFba8e5d9Cbd998b248a39a4905E7DBD100FC')         assert(balance.toNumber() >= 10000, 'Tokens not sent.')     })     it("Should allow owner to change allowance", async () => {         const _payrole = await PayRole.deployed()         const allowance = await _payrole.setAllowance.sendTransaction(accounts[2], 100000);         assert(allowance, "Allowance wasn't changed")     })     it("Should return the numbers of tokens to be allowed every millisecond", async () => {         const _payrole = await PayRole.deployed()         const account = accounts[2]         const result = await _payrole.ownerCheckReward.call(account)         assert(result, "The function remain bugged")     }) }) 

Solidity version

pragma solidity ^0.8.7; 

Test result

  Contract: PayRole     √ Should allow the owner to add a new dev. (813ms)     √ Should allow anyone to send the specific token to the contract. (824ms)     √ Should allow owner to change allowance (712ms)     1) Should return the numbers of tokens to be allowed every millisecond     > No events were emitted     3 passing (4s)   1 failing    1) Contract: PayRole        Should return the numbers of tokens to be allowed every millisecond:      Error: Returned error: VM Exception while processing transaction: revert       at Context.<anonymous> (testpayroles.js:25:56)       at processTicksAndRejections (node:internal/process/task_queues:96:5) 

$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

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