That’s a “make me a hero” prediction. If it happens he’s the big hero. If it doesn’t happen no one will remember he said it. If they do remember he can just say it might take a little longer do to bla bla bla.
When people do this usually they're the one with ulterior motive. They'll be the first to hog the items. But in my opinion he may be partially right and partially wrong. Since bitcoin will eventually lose its value, but what contradicts it is that bitcoin always recover. And even pop its value. 
Topic: Bitcoin could loose 90% of its value - page 4. (Read 820 times)
People have been saying this because bitcoin is in the public eye. It's not that he's saying it or it's not true, he doesn't know if it's going to happen. Because of recent Asian government attacks on bitcoin, bitcoin can actually relax 90 percent of its value.
Don't you think we have seen so many news like that before? And I do think that this news is to panic the traders forcing them mentally to sell the coins before it goes to 1000-3000 K USD.
But the way he represented his thoughts in a technical way and was more convincing.
But the way he represented his thoughts in a technical way and was more convincing.
FIAT has no value. it is only a paper printed with country heroes or anything.
If there is a war FIAT will be useless while Gold and digital currency will be more valuable.
Don't read the News because it only generates FUD and hides the true potential or truth about bitcoin.
If there is a war FIAT will be useless while Gold and digital currency will be more valuable.
Don't read the News because it only generates FUD and hides the true potential or truth about bitcoin.
I totally agree to what he say bitcoin will lose 90% of its value, if you take a deeper look there are many different upcoming coins with better technology and stuff which will make bitcoin obsolete in the long run... the only few advantages to make it standing is some merchants only choose to accept bitcoin and this make them still in popularity and when bitcoin is not greatly supported by merchants the price will be down by a substantial amount i believe.
I stopped reading after "Wall Street veteran".
Such statements shouldn't be taken seriously, not only because it comes from someone in Wall Street, someone who has no idea how the cryptocurrency market works, someone who is clearly trying to shake up the market, as well as trying to scare people off from Bitcoin, but because it is such an extreme view on the crypto market, it really makes no sensen at all.
Also, this "wall street veteran" only uses the word "bubble" to back up his predictions, how many times have we read the same old story? overall, this guy was probably forced to say this bullcrap to try to push the price down so that his wall street friends can buy the dip.
Oh, and what a surprise, the news comes from CNBC, one of the leading news networks when it comes to spreading clickbait FUD articles 24/7 about Bitcoin.
Such statements shouldn't be taken seriously, not only because it comes from someone in Wall Street, someone who has no idea how the cryptocurrency market works, someone who is clearly trying to shake up the market, as well as trying to scare people off from Bitcoin, but because it is such an extreme view on the crypto market, it really makes no sensen at all.
Also, this "wall street veteran" only uses the word "bubble" to back up his predictions, how many times have we read the same old story? overall, this guy was probably forced to say this bullcrap to try to push the price down so that his wall street friends can buy the dip.
Oh, and what a surprise, the news comes from CNBC, one of the leading news networks when it comes to spreading clickbait FUD articles 24/7 about Bitcoin.
famous people keep againts bitcoin and said negatively about bitcoin. i'm sure someone pay them or themself want to buy his own bitcoin with low price
Well again its just a pridiction there are also experts that predicts the bitcoin price will sky rocket. The only best thing we could do right now is hold and wait. Always set your cut loss so if the worst thing happen were ready.
This is the same as someone predicting that the price will be 100,000 in 2018. Truth is no one knows. BTC could help itself by fixing its transaction fees and transaction time issues. Once that is fixed the obstacles are adoption and surviving through government regulations. More and more regulations are coming.
Yep regulations are creeping in from all different countries now. Crypto will never really be decentralized as it is so fixed to Fiat money
If people cant sell it for Fiat money it becomes worthless
This is the same as someone predicting that the price will be 100,000 in 2018. Truth is no one knows. BTC could help itself by fixing its transaction fees and transaction time issues. Once that is fixed the obstacles are adoption and surviving through government regulations. More and more regulations are coming.
If I have a dollar for everytime someone say that bitcoin will loose its value I would be rich right now. Many times these critics said that already but look at where bitcoin is now still going strong.
When more regulators come to regulate bitcoin then price might fall because people are likely restricted to buy. Thus, demand drops! Bitcoin as decentralized asset, time by time will be centralized because of regulations.
However, bitcoin price drops atm because market in asia where investor need to liquidate their asset due to chinese new year. IMHO, maybe I am wrong
However, bitcoin price drops atm because market in asia where investor need to liquidate their asset due to chinese new year. IMHO, maybe I am wrong
If it happens it would be the level I would go in.
Really?90% but in my eyes 90% just 10 times will back to100% one year happened in 2017 for bitcoin, from $2000-$20000 it is real happened just keep your coin.
Another topic is in my eyes Blockchain is more important than encryption coin. Encryption coin is just one kind of use for Blockchain, so i investment is not future of bitcoin, it is the future of Blockchain
Another topic is in my eyes Blockchain is more important than encryption coin. Encryption coin is just one kind of use for Blockchain, so i investment is not future of bitcoin, it is the future of Blockchain
These are not all good news that are currently reaching us. There is a lot of global sentiment against the crypto currencies. This is bad.
When confidence goes down, so do the courses.
We know the FUD's has participated a lot in the market price, we know a big names/government want to regulate cryptocurrencies and it will greatly affect the market as an example the recent Korean ban. I believe it's not the one we are looking for. Bitcoin is built to be decentralized not affected by any centralized agencies. But the truth is many people still affected by 'centralized economies'. When confidence goes down, so do the courses.
It is just a prediction and opinion to cause a shake in the market, and when prices fall in people panic selling and put together big investors will buy bitcoin to get big whales.
These are not all good news that are currently reaching us. There is a lot of global sentiment against the crypto currencies. This is bad.
When confidence goes down, so do the courses.
When confidence goes down, so do the courses.
He is only scaring people to get the price to go down so he can buy low. I bet he'll prop it up in a month or 2... After he gets the BTC in his portfolio.
It is true bitcoins can loose it value of 90% because of government from Asia recent attack on bitcoins. Holders of bitcoins are quickly selling their bitcoins cheap so that it can't become obsolete after government take full action on traders.
A lot of countries are trying to regulate it atm not just Asia
Regulators in the U.S., Singapore, Japan and China are looking into regulatory measures to control the growth in digital tokens. there was also talk from Great Britian (UK Treasury is planning tighter regulation of Bitcoin, hoping to prevent the likes of money laundering and terrorism being paid for with cryptocurrency. ... Treasury said it intends to regulate the digital currency to bring it in line with anti-money laundering and counter-terrorism financial legislation.)
It is true bitcoins can loose it value of 90% because of government from Asia recent attack on bitcoins. Holders of bitcoins are quickly selling their bitcoins cheap so that it can't become obsolete after government take full action on traders.
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