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Topic: Another wall street idiot, this time, Jordan Belfort calls bitcoin a fraud. - page 3. (Read 1353 times)

newbie
Activity: 50
Merit: 0
who should we trust? below is the link to article of wall street millionaire and his tweet. confused Huh

http://oshenews.blogspot.com/2017/08/cryptocurrency-trading-or-digital-gold.html
hero member
Activity: 2632
Merit: 833
I think these guys are the ones playing pump and dump game with BTC. They are people that can influence the value of Bitcoin, and with this kind of talks, they believe it will go down, so they could buy them at low prices. All of them want to taste BTC, if they are saying that BTC is a fraud, then they are just inventing stories to decrease BTC value and buy them!

Exactly, they are just creating FUD to make people panic and sold their bitcoin so that they could bought it at a cheaper price. However, we know what Dimon has done, which is basically what they guy is doing right now. Create negative sentiments around and I'm sure that we will invest millions into it to gain profits. But, we are now wiser and mature not to believed this weasel because they have their own agenda behind this attacks and bashings. And if Leonardo is investing in bitcoin today, he might call Jordan Belfort an idiot for calling bitcoin a fraud. That would be classic. LOL.
sr. member
Activity: 476
Merit: 250
I think these guys are the ones playing pump and dump game with BTC. They are people that can influence the value of Bitcoin, and with this kind of talks, they believe it will go down, so they could buy them at low prices. All of them want to taste BTC, if they are saying that BTC is a fraud, then they are just inventing stories to decrease BTC value and buy them!
legendary
Activity: 2436
Merit: 1362
What theae people asy in public does not mean much,
a lot of them hold bitcoin anyway.

I think it only advertises bitcoin in the long run and
possible helps to introduce more people to bitcoin
hero member
Activity: 1806
Merit: 672
If the portrayal of Leonardo DiCaprio is a relfection of the real him then I won't listen to his suggestions or anything at all. Jordan Belfort is know for his manipulating power which is the reason why he got rich, he was really never a trader his persuasiveness led many people bankrupt where he didn't really care at all. And the most important thing here is that it is just his opinion there is no good basis on his explanation.
full member
Activity: 140
Merit: 100
Bad propaganda is still a propaganda as they say. So if they throw mud on bitcoin it only strengthen its foundation in our society. More advertising also used this kind of image building and it works but on the different effect. Bitcoin is given more attention by curious bystanders who will find and look for bitcoin because of this kind of statements.
newbie
Activity: 17
Merit: 0
probably he does not even know what Blockchain is
hero member
Activity: 3080
Merit: 603
They never get tired, so Dimon called a rescue and he finds out that "wolf" of wall st? I didn't even know who that guy is but whomever is he, there is something wrong with his statement supporting Dimon's statement bitcoin is a fraud. The real fraudsters are them they know how to make money out of thin air since they are living with financing industry and investment there is Wall St. I'm waiting for some more alias of Wall St to support their FUDs.
newbie
Activity: 14
Merit: 0
It’s really strange to hear such comments from Jordan Belfort the master of pump and dump. He would comment on anything just to sell seats at his sales seminars...
sr. member
Activity: 1400
Merit: 420
The more attention we give to these kind of people, the worst it is for Bitcoin. No matter the product/Currency or whatever you call it, anything that is innovative/out of the ordinary it is, is bound to criticism. It's not worth giving them the attention they want, often, they are hoping to influence the price so they can buy when the price falls.
We can without doubt blame ourselves for listening to these people and then from what they say we will act in a frenzy and sell our bitcoins. They are without doubt threatened by bitcoins and they will do anything to bring it down for their own selfish interests.Never mind the taunts of the enemy.

I am very much agree to the both of you, the more they get our attention the more they are winning. I never believe anymore to this guy that is hating on bitcoins because it is obvious that they have so many hidden agenda and their background speaks for themselves. They are all stupid for me and if you believe to what they are saying then you are more stupid.
full member
Activity: 152
Merit: 100
That reminds me famouse "Trading is too risky!" on other board.
How WS big asses get used to be saved by taxpayeers money. Let them keep trading 30 times overbought stocks.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
I wouldn't trust words from a criminal.
full member
Activity: 347
Merit: 109
Bitcoin is hard enough for believers and technies to understand.  Amazing how we listen to these so called experts.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
The more attention we give to these kind of people, the worst it is for Bitcoin. No matter the product/Currency or whatever you call it, anything that is innovative/out of the ordinary it is, is bound to criticism. It's not worth giving them the attention they want, often, they are hoping to influence the price so they can buy when the price falls.
We can without doubt blame ourselves for listening to these people and then from what they say we will act in a frenzy and sell our bitcoins. They are without doubt threatened by bitcoins and they will do anything to bring it down for their own selfish interests.Never mind the taunts of the enemy.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
I'm surprised caused by jordan belfort scammer said the bitcoin just a fraud. The more grandpa and scammer said that bitcoin as another fraud and the market will have a better immutability.

Quote
he pleaded guilty to fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam. Belfort spent 22 months in prison as part of an agreement under which he gave testimony against numerous partners and subordinates in his fraud scheme.

https://en.wikipedia.org/wiki/Jordan_Belfort


What a shame because jordan was a scammer, Because he was fuckin payless shoes.
sr. member
Activity: 546
Merit: 250
Sometimes it really feels like to me that these wall street names are simply trying to say stuff against bitcoin in order to accumulate bitcoin at a cheaper price. Of course another reason why they would say stuff like this is that they obviously do not want bitcoin to succeed as that would ruin their business.

Anyhow, bitcoin may be in a bubble but how can it be a fraud when it's got nobody controlling it?

In fact, central banking may just be the biggest fraud in the histoyr of the world with so much debt being carried.

I got your point on the banks because most hacked money was from banks accounts or any transactions online that is connected to some master card. For me it is more risky to put money on bank because you should have maintaining balance to meet to avoid them from charging you. For people with little money like me would have an issue like this but i guess for those wall streets they are not having that issue thats why they called btc as to be easily hacked. I am more secured in private wallet than even in banks.
hero member
Activity: 672
Merit: 500
Sometimes it really feels like to me that these wall street names are simply trying to say stuff against bitcoin in order to accumulate bitcoin at a cheaper price. Of course another reason why they would say stuff like this is that they obviously do not want bitcoin to succeed as that would ruin their business.

Anyhow, bitcoin may be in a bubble but how can it be a fraud when it's got nobody controlling it?

In fact, central banking may just be the biggest fraud in the histoyr of the world with so much debt being carried.
hero member
Activity: 924
Merit: 501
Here let me help assist these oh so evolved wall street fools.

*Insert negative nonesense story* bitcoin.
*blah blah blah* bitcoin.
*bitcoin is bad blah blah blah*

Pretty much sums up anything they will ever happen to say.

All we hear is blah blah blah and our favourite word bitcoin.

Otherwise it is *blah blah blah, drugs, crime bitcoin blah blah blah*

With all the crap they talk you would think they would give up by now. I mean the first time people freaked out but now that we all know morgan and company are circus clowns none fear it and we all laugh at them. Experts indeed !!
full member
Activity: 302
Merit: 100


ROLMAO!!, at this Belfort, and your responses, which are so TRUE. Below I add a link of his interview when he says all of this. Listen to what a Weisel he is.

https://www.thestreet.com/story/14320675/1/bitcoin-is-a-fraud-says-wolf-of-wall-street-jordan-belfort.html
legendary
Activity: 1792
Merit: 1283
It's really pretty typical that Bitcoin is often bashed by people who don't seem to understand how Bitcoin works.

It's also possible to get hacked when you're online banking for example and the problem usually is due to user error regarding good security practices.

I'm sure that there will be other forms of crypto currencies that are going to be issued by banks or governments in the future, but I wouldn't be too sure if they would be able to top Bitcoin.
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