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Topic: [2017-10-31] William Miller keeps 30% of funds in Bitcoin. What would others say (Read 1490 times)

full member
Activity: 392
Merit: 137
There are always people who have different opinions on bitcoin. My opinion is that they're all wrong. No one can predict the behavior of bitcoin. In a particular example, the dispute could be solved a simple action. Let al-Waleed bin Talal will show how much he earned with bitcoin. It is null because he doesn't believe in bitcoin and not putting money into it is bill Miller who can show a stable income from bitcoin. Who is right?
newbie
Activity: 52
Merit: 0
Bill Miller, whose company beat the S&P 500 index for 15 years, decided to invest in the most famous cryptocurrency in the world that became 9 years old today. He explains his decision by simply telling that each day the value does not drop multiplies the chance of its growth even more, especially taking into consideration all the institutional and venture investors currently entering the market. In other words, Miller believes in the long-term bullish trend.

But this investment would not have been called good by Alwaleed bin Talal, a prominent Saudi investor whose wealth is amounting to billions of dollars. According to him, Bitcoin looks a lot like Enron – a fraud scandal from 2000s.

However, Max Keiser, an ex-trader and now a reporter, would approve Miller’s decision, as he believes that Bitcoin would easily surge past 10,000 U.S. dollars in the next five years. Quite amusingly, he works for RT that many consider a propaganda channel, but his view is...Read more
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