Bankers are starting to worry and hope to see BTC down :)

icanscript

hero member

Activity: 686

Merit: 502

Quote from: virtualdn on December 17, 2017, 07:30:39 AM

Just read below, bubbles everywhere Grin

https://www.forbes.com/sites/modeledbehavior/2017/12/16/why-i-would-bet-against-bitcoin/#b33ba217fe82
https://www.cnbc.com/2017/12/14/bitcoin-may-now-be-the-biggest-financial-bubble-of-all-time.html
https://www.cnbc.com/2017/12/12/what-i-learned-from-owning-bitcoin.html?recirc=taboolainternal
https://www.express.co.uk/finance/city/893104/bitcoin-price-crash-bubble-eric-schiffer-cryptocurrency-investment-risk

Bankers do not care which course bts / dl, It is important for them that the townsfolk would carry money to the banks, not to the crypto currency.

Cammo01

newbie

Activity: 49

Merit: 0

Of course they're concerned- a;; the financial advice they've been providing for years is turning on them! Grin

Taki

hero member

Activity: 1078

Merit: 514

Quote from: sindikat on December 17, 2017, 07:45:05 AM

Let's be honest. Now nobody knows what bitcoin is. Will it bubble or not. But we all know that the dollar is definitely a bubble. Bitcoin borrows for its existence. Each user contributes to its capitalization. Bitcoin does not rise to inflation due to an infinite issue. The US debt is about 20 trillion dollars. My question is which bubble will burst faster?

Why dollar is a babble? Yes, it's base and national gold standard is doubtful, the US technically just stamp as much dollars as they need and the system is actually working for years and everybody like closed their eyes on it. So what if with bitcoin is happening exactly the same thing?! Cheesy

And coming back to the main topic - banks are warning about bitcoin from the beginning of this year it is just became more massive due to unbelievable price for bitcoin.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

It's hubris to think the bankers are 'scared' or 'worried' because Bitcoin is 'coming' and 'taking over'. Get real guys. Those bankers who are supposedly said to be scared...? They control everything behind the scenes. They're part of the top one percent. They'd rather take everything down with them before some cryptocurrency is taking over.

Bitcoin can't even scale ffs. Cheesy

kueyen

member

Activity: 140

Merit: 10

Quote from: sindikat on December 17, 2017, 07:45:05 AM

Let's be honest. Now nobody knows what bitcoin is. Will it bubble or not. But we all know that the dollar is definitely a bubble. Bitcoin borrows for its existence. Each user contributes to its capitalization. Bitcoin does not rise to inflation due to an infinite issue. The US debt is about 20 trillion dollars. My question is which bubble will burst faster?

How is the dollar a bubble? Because the US government can issue as many dollars as it wishes? Dollar can't be a dollar because it has been the most popular currency around the world for almost a century now, and people recognize its value. It may collapse due to an unsustainable economy or whatever, but it will never burst like a bubble.

davis196

hero member

Activity: 3178

Merit: 937

Quote from: virtualdn on December 17, 2017, 07:30:39 AM

Just read below, bubbles everywhere Grin

https://www.forbes.com/sites/modeledbehavior/2017/12/16/why-i-would-bet-against-bitcoin/#b33ba217fe82
https://www.cnbc.com/2017/12/14/bitcoin-may-now-be-the-biggest-financial-bubble-of-all-time.html
https://www.cnbc.com/2017/12/12/what-i-learned-from-owning-bitcoin.html?recirc=taboolainternal
https://www.express.co.uk/finance/city/893104/bitcoin-price-crash-bubble-eric-schiffer-cryptocurrency-investment-risk

I don`t want to read all this s*it.The bitcoin haters are screaming more and more.
I see negative news about bitcoin around 20 times per day,surfing the web or watching TV.
Yesterday i heard that the EU is going to regulate all the cryptocurrency exchange plaftorms located in the european countries.Only because bitcoin is a "money laundering,terrorist currency bubble"....

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

Pretty much. It was a bubble when it reached $1 for the first time and it's been a bubble again with every order of magnitude achieved since. The narrative won't change anytime soon. But it will when the traditional banking system inevitably collapses under the weight of its own ineptitude, greed and hubris. Maybe someone wants to start a website, to run alongside the Bitcoin Obituaries one, that details every time someone has dismissed it as a bubble.

sindikat

full member

Activity: 364

Merit: 106

Let's be honest. Now nobody knows what bitcoin is. Will it bubble or not. But we all know that the dollar is definitely a bubble. Bitcoin borrows for its existence. Each user contributes to its capitalization. Bitcoin does not rise to inflation due to an infinite issue. The US debt is about 20 trillion dollars. My question is which bubble will burst faster?

virtualdn

legendary

Activity: 1358

Merit: 1093

Just read below, bubbles everywhere Grin

https://www.forbes.com/sites/modeledbehavior/2017/12/16/why-i-would-bet-against-bitcoin/#b33ba217fe82
https://www.cnbc.com/2017/12/14/bitcoin-may-now-be-the-biggest-financial-bubble-of-all-time.html
https://www.cnbc.com/2017/12/12/what-i-learned-from-owning-bitcoin.html?recirc=taboolainternal
https://www.express.co.uk/finance/city/893104/bitcoin-price-crash-bubble-eric-schiffer-cryptocurrency-investment-risk

Topic: Bankers are starting to worry and hope to see BTC down :) (Read 167 times)