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Topic: Bad news for Bitcoin - page 24. (Read 2419 times)

legendary
Activity: 2912
Merit: 3603
Join the world-leading crypto sportsbook NOW!
June 04, 2018, 07:10:15 AM
#11
As DooMAD says, it could be bad news for Schiller if Bitcoin shows him up, the way it's shown up countless of experts in its march towards its tenth anniversary of introduction.

The irony I find here is that Nobel Prize winners in Economics for the past decade have consistently backed themes of emotional influence and irrational behaviour in explaining the multiple failures of economic prediction models and rational theories. Yet they can't seem to view Bitcoin without applying their own entrenched rationale and logic.
sr. member
Activity: 434
Merit: 250
June 04, 2018, 07:08:29 AM
#10
If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

Maybe we should trust what he says. Bitcoin can disappear at any time, because it is not guaranteed. Its value is not guaranteed. But we should think in a positive way in terms of technology, blockchain technology will help us a lot.
sr. member
Activity: 560
Merit: 256
June 04, 2018, 07:06:12 AM
#9
If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

Bitcoin can be seen as a bubble and it can explode at any time. But, blockchain technology is different. It is a really useful technology for every aspect of our lives, and there is no reason why we should abandon it.
member
Activity: 205
Merit: 10
June 04, 2018, 07:06:07 AM
#8
I don't think that btc will have bad times. I know that it is unpredictable but with time it will gain popularity even more and more governments will accept it as the main currency. BTc is really worth this because of its pros
newbie
Activity: 100
Merit: 0
June 04, 2018, 07:02:32 AM
#7
do not care about bad news about bitcoin, just waste time to think about it, better invite people to join the blockchain.
member
Activity: 1106
Merit: 11
Crypto in my Blood
June 04, 2018, 06:53:33 AM
#6
I don't think so that any Nobel Prize owner will say anything about Bitcoin and that could be. We know that seeing the past experience that every talking can't be the truth of every scientist. So If any Nobel prize owner will say that Bitcoin will die one day or something others, it's not acceptable. If we see the previous ratio of Bitcoin, we will say Bitcoin don't care any kind of comment. Many times many peoples or institute try to thumb down to bitcoin but the result on your face. However, The KING is Bitcoin. Smiley Smiley
newbie
Activity: 31
Merit: 0
June 04, 2018, 06:48:30 AM
#5
Haha talk about bold. That's really scary, we better make the most of it while it's around then, I just hopped on the band wagon and wouldn't want to fall off too soon.
newbie
Activity: 70
Merit: 0
June 04, 2018, 06:34:41 AM
#4
If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
let those people say bitcoin is a bubble but we cant deny bitcoin's blockchain will be the future let's see in the future if they can still call it "bubble".
He is not the only one who thinks like that, According to The Economist, Bitcoin is not going to sink right away and should have an upward trend by the end of the year. This would be the last rebound of Bitcoin before it finally collapses and loses up to 80% of its value.
I am really starting to terify.
legendary
Activity: 3724
Merit: 3063
Leave no FUD unchallenged
June 04, 2018, 06:29:34 AM
#3
Alternatively, it could be bad news for Mr Schiller now that he has placed his Nobel-winning reputation on the line with his remarks.  His opinions might not be taken seriously by investors for much longer if it turns out he was wrong.  All these "experts" should be more careful what they say, given the number of times over the years people have tried to write off Bitcoin.  But after all that's been said, Bitcoin doesn't care.  It carries on churning out blocks, completely undistracted by whatever criticisms are thrown its way.
hero member
Activity: 1232
Merit: 503
June 04, 2018, 06:19:28 AM
#2
If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
let those people say bitcoin is a bubble but we cant deny bitcoin's blockchain will be the future let's see in the future if they can still call it "bubble".
newbie
Activity: 70
Merit: 0
June 04, 2018, 06:14:28 AM
#1
If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
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