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Topic: Alibaba's Jack Ma Calls Bitcoin a Bubble (BTC) - Do you care? - page 2. (Read 483 times)

newbie
Activity: 81
Merit: 0
i don't think that we should care. it's like the situation with warren buffet, they are just voicing out their opinion on this and we should not be worried of their statement.
member
Activity: 728
Merit: 14
i dont care. so many people saying bitcoin is a bubble and other bad things. i don't listen to such people. i believe in bitcoin.
full member
Activity: 616
Merit: 100
we know that many people that don't like bitcoin and said that bitcoin is the bubble and can pop every time, even the jack ma, the owner of Alibaba said as long trust in bitcoin you wouldn't try to stop using bitcoin  or investing in bitcoin, you still believe bitcoin will increasing more and more in the future
newbie
Activity: 149
Merit: 0



Why should we care? It’s his opinion and everyone has his own sets of views. He does not have anything to do with our money we invest in butcoin and other cryptocurrencies. He should focus on his investment and his fortune.
newbie
Activity: 90
Merit: 0
Well, Jack is a very respectable Business Figurem, Im sure sometime back if anyone mentiond to him tht ALibaba was crap, he wouldnt have believed them, thats whythe franchise suceedd, now 9its our turn not to care about his opinion
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
I don't care if he calls bitcoin a bubble, is he an exception? many prominent people called it before him. He's adopting blockchain and bitcoin will be his tough competitor for his business so why would he say good things about his competitor?
member
Activity: 252
Merit: 17
the point of view shown by Jack Ma is very good for bitcoin. but it takes time and the right process for bitcoin. and the world's inhabitants can become a bubbles that will continue to spread along with bitcoin.
newbie
Activity: 154
Merit: 0
Jack Ma is the chairman of the board at a chinese company, in china , there is still a ban upon bitcoin a country which is technologically mature, so if bitcoin is regulated then the chinese currency will lose its value and the gdp will go down resulting in less trade severely affecting alibaba's jack ma's statement is biased.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
i think that no one cares about this kind of fud anymore, so there is nothing wrong about this, at least for me. It is more than normal to see this kind of negative opinions about bitcoin out there
newbie
Activity: 182
Merit: 0
There are two ways to look at this statement, one is the view of a true financial analyst that is genuine about his statement, and the other is that of a capitalist whose company's valuation is dependant upon the economy of China which is against the regulation of bitcoin in China, the other seems like a more plausible explanation.
newbie
Activity: 72
Merit: 0
No one cares about what people call it. I dont literally understand why this bubble has not burst since 2009-10 or whatever year from when they are calling it as bubble. Looks like this one is hard to burst aint it.  CoolBTC
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
Bubbles are not a bad thing.
When the bubble bursts, the rest is truly useful.
Many economies have really ushered in their golden period after a bubble.

the argument has never been about whether bubbles are good or bad. although your statement is absolutely right. the argument has always been about some idiots who keep on insisting that bitcoin is a bubble no matter what.
for example there has been a lot of chatter about how bitcoin is a bubble when price went to $1000+ in 2017. practically the same people who are calling bitcoin a bubble were calling it a bubble back then too. and even if price fell down to $1 today they would still call it a bubble!
member
Activity: 168
Merit: 10
It is called a bubble because of its highly volatile, this is commonly experience by crypto's in nature, However the value and the users are keep increasing, No matter what he says, Bitcoins are still valuable. and who knows it will break its records in the upcoming days. Bitcoins success are now realized,
newbie
Activity: 6
Merit: 0
Bubbles are not a bad thing.
When the bubble bursts, the rest is truly useful.
Many economies have really ushered in their golden period after a bubble.
member
Activity: 630
Merit: 20
Even if high profile people's comments may affect the price of bitcoin, I don't really care. They might just contribute to a fud and fomo but there will still be corrections afterwards. Jack Ma still didn't believe that bitcoin will stand up longer, that bubble thing is an old issue and we have to get used to it.
hero member
Activity: 840
Merit: 520
Obviously I do care . The deflation in the valuation is all because of these negative rumours that are constantly demotivating people from investing into bitcoin. Most of the governments are against bitcoin and they are discouraging people also to not to use bitcoin by saying bitcoin is not centralised currency and government is not responsible for any kind of loses regarding bitcoin, they have to suffer it by their own and if in this condition someone is saying bitcoin a bubble then obviously I do care.
hero member
Activity: 980
Merit: 502
I don’t think bitcoin is a bubble or if it a bubble then it is a bubble which could not be burst ever because bitcoin is a resource an asset which could not be exhausted ever if it is used wisely moreover bitcoin is very sustainable crypto currency and it is volatile currency and the reason being why millions of people are the users of bitcoin and find bitcoin that much trust worthy because bitcoin has that potential that it can provide employment to millions and made people independent that at least they can earn their livelihood by their own.
sr. member
Activity: 254
Merit: 1258
A couple of days ago, Chinese Leading B2B Marketplace‎ Alibaba founder & Chairman Jack Ma bashes Bitcoin but he also backs Blockchain technology during the second World Smart Conference in Tianjin according to this report http://www.8btc.com/mayun-bitcoin-is-bubble

It's unfortunate to see him join Bitcoin bashers group of CNBC Mad Money host Jim Cramer, Jamie Dimon, Axel Weber, former PayPal chief executive Bill Harris, Jack Bogle, and JPMorgan Chase. But I believe he will support Bitcoin in future, just look this article https://www.forbes.com/sites/armstrongpaul/2018/04/10/alibaba-backed-chinese-ai-startup-sensetime-sets-600m-funding-record/#c85da587dadf The Chinese supergiant Alibaba invested heavily in Chinese AI Startup SenseTime which Sets a new record of $600 Mln in funding record.
JP Morgan jumped on the Bitcoin band wagon as well didn't it? I think Schwab went first and they followed.
sr. member
Activity: 448
Merit: 250
Jack Ma said on an interview that he don't know about Bitcoin at all, so how can he come up with the conclusion that it is a bubble if he doesn't even know how it really works, lol. It is obvious that he looks at Bitcoin as a competitor of his online payment processor called alipay,
This is exactly the main problem, the business owners are troubled by the introduction of bitcoin because it will challenge their business model and they wanted to create a fear into the minds of new users who are in two minds and some people are creating these panic situation, but people who understand the technology could understand how things will go, i am not in this market because someone said so and i do not care about anyone's opinion.
full member
Activity: 411
Merit: 100
www.thegeomadao.com
It's because jack ma are not relaying in the crypto and btc, because we all know that he can ear money by his own that not including the btc and for his perspective that anytime that the btc can pop out but that his perspective and we have to respect each others belief.
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