"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision [of any central bank]... I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making..."
I guess we will be hearing a lot of these kind of comments from big guys.
It doesn't make sense to him or any other of his kind because all they want are slaves, people who working for them for nothing and barely can buy food to survive a month.
They think if something is not regulated or banks can't do shit about it then it is not real, i am sick tired of listening what they are saying - all of them.
What they are doing here is FUD and nothing more.
Topic: "Bitcoin will implode"... - page 2. (Read 1677 times)
he is just trying to take price down to buy more bitcoin. that what they do for years on stocks. But this is Bitcoin community and they can't play like stocks.
Im tired of all these oil rich idiots thinking they know anything about Bitcoin. Recently we also saw Jordan Buffet claiming Bitcoin is a bubble. He should have kept his dumb mouth shut and stick to his principle of not buying or talking about things you don't understand. Stick to Cola Cola but don't fucking FUD geez. If Jordan Buffet invested in something that I don't understand, would I go on the media and use my image to FUD it? nope, im not such a bitch, but these guys got no decorum whatsoever, that, or they think they know more than they know. You definitely can't claim that something is a bubble if you don't understand the fundamentals. The graph could have been looking like a bubble to many since it hit $2k, but if you understand the fundamentals you see how BTC is still tiny.
it's just another opinion and everything that he said make a sense to be honest,
for them who has a lot of money in their pocket,they will not bothering themself with such a thing.
but if you ask them about what is in your mind about Bitcoin ?
of course the majority people will say the same,because who will be the keeper if something goes wrong ?
(he just thought it rationally and do not want lose his money without a reason)
Bitcoin price right now is ridiculously high for some people and without a good knowledge they will label it as an 'unkown' assets.
Considering he is among the richest *fiat* holders on the planet, he should feel threatened by Bitcoin which undermines his whole empire
i do not think so mate,
no matter what fiat will exist and nobody can replace it,
for them who has a lot of money in their pocket,they will not bothering themself with such a thing.
but if you ask them about what is in your mind about Bitcoin ?
of course the majority people will say the same,because who will be the keeper if something goes wrong ?
(he just thought it rationally and do not want lose his money without a reason)
Bitcoin price right now is ridiculously high for some people and without a good knowledge they will label it as an 'unkown' assets.
He is comparing it to Enron. I think it is just a case of sour grapes. He missed investing in it and now he thinks it will implode. Just like Jamie, he feels threatened by Bitcoin.
Considering he is among the richest *fiat* holders on the planet, he should feel threatened by Bitcoin which undermines his whole empire
i do not think so mate,
no matter what fiat will exist and nobody can replace it,
You can't take people's word these days.
Otherwise, bitcoin has been dead thousands of times and is about to collapse ever since its inception. Not to mention bitcoin being a ponzi scheme countless times, all from people that are apparently respected bankers and public figures.
Even if bitcoin price experiences a correction which i think it will, its technology will live on and benefit people. Just look at Venezuelans, they are using bitcoin for real life purposes(save money).
Lol i agree with these news don't effect most of us in today's date first some jpmorgan shit told it is a scam and finally purchased during the dip and now some random saudi billionaire don't know when will people stop b/sing about btc. Otherwise, bitcoin has been dead thousands of times and is about to collapse ever since its inception. Not to mention bitcoin being a ponzi scheme countless times, all from people that are apparently respected bankers and public figures.
Even if bitcoin price experiences a correction which i think it will, its technology will live on and benefit people. Just look at Venezuelans, they are using bitcoin for real life purposes(save money).
You have to be involved in Bitcoin and use Bitcoin to really know what it's worth. If he has not used Bitcoin then what he says is worthless because he knows nothing.
Right most of these so called billionaires don't know shit about btc and because it has a high price simoly conclude it is going to implode. 
Nothing other could be expected from a person belonging to royal family,enjoying benefits and having strict control over their citizens.Saudi royal family would not like its people enjoying financial freedom by using bitcoin and getting out of their control.We earlier saw putin,russian president also criticizing bitcoin as a pyramid scheme.
We could easily see the similarity in tones of these leaders ruling their individual countries.They would never praise bitcoin and they would only try to show it down by any means.Bitcoin has successfully passed its initial stages and bitcoin as well as bitcoin community is no more in need to analyze speeches of such persons.Just neglect it.
We could easily see the similarity in tones of these leaders ruling their individual countries.They would never praise bitcoin and they would only try to show it down by any means.Bitcoin has successfully passed its initial stages and bitcoin as well as bitcoin community is no more in need to analyze speeches of such persons.Just neglect it.
The comments here are funny.
Imho, the truth is it could implode. Didn't Satoshi himself said that in a few decades, Bitcoin could either be having millions (billions?) of transactions per day or nothing. Not sure about the exact words but that was the idea.
It was Satoshi himself who first said Bitcoin could implode.
Imho, the truth is it could implode. Didn't Satoshi himself said that in a few decades, Bitcoin could either be having millions (billions?) of transactions per day or nothing. Not sure about the exact words but that was the idea.
It was Satoshi himself who first said Bitcoin could implode.
He is comparing it to Enron. I think it is just a case of sour grapes. He missed investing in it and now he thinks it will implode. Just like Jamie, he feels threatened by Bitcoin.
He may probably missed the boat earlier. But the guy is super rich already, no need to bashed bitcoin on his end. But if you read that their government is not banning bitcoin as well, so I don't know why the prince is attacking bitcoin. Although he is somewhat confused by comparing it to Enron. If I were him, will just put his cash on bitcoin instead of buying stuff they not needed like getting expensive cars who just collected dust in their garage. I'm sure he is secretly buying bitcoin for all we know.
. I haven't seen his reply though regarding this government's support on bitcoin.He must be saying this for a reason, or he got a scheme going to his head, but I may be wrong or he is getting the wrong idea about bitcoin just like you said comparing it to Enron was not a great move because all bitcoin investors know that bitcoin is not something that could fail them proven and tested with the exceeding value of bitcoin, but I guess he is just saying that because there are maybe a flaws with the bitcoin system and he got a mind set like that.
He is comparing it to Enron. I think it is just a case of sour grapes. He missed investing in it and now he thinks it will implode. Just like Jamie, he feels threatened by Bitcoin.
Considering he is among the richest *fiat* holders on the planet, he should feel threatened by Bitcoin which undermines his whole empire
He holds his richest status as a badge of honour.
He was once accused of trying to inflate his wealth just to get on the Forbes list of top 10 billionaires.
Well that may be a one probable cause why he is so sourpuss about bitcoin or he didn't buy a larger amount in the days bitcoin is still cheap, but can you blame him, he is so rich he is blinded by it that he can not see bitcoin making a future someday, because of the price of bitcoin back then, many investors are ignoring it and putting bitcoin in a scam position, as for us that making a living and just surviving from our daily salary bitcoin is an eye opener in gaining and becoming a millionaire someday.
Bitcoin is not the concern about these kind of whales. Ask to that Saudian, what is the potential of bitcoin, uses of bitcoin and positive and negative impacts of the bitcoin. He cannot able to open his mouth at all. People does not understand about the digital currency usages they simply give a tweet or fake troll information on the bitcoin.
He is comparing it to Enron. I think it is just a case of sour grapes. He missed investing in it and now he thinks it will implode. Just like Jamie, he feels threatened by Bitcoin.
He may probably missed the boat earlier. But the guy is super rich already, no need to bashed bitcoin on his end. But if you read that their government is not banning bitcoin as well, so I don't know why the prince is attacking bitcoin. Although he is somewhat confused by comparing it to Enron. If I were him, will just put his cash on bitcoin instead of buying stuff they not needed like getting expensive cars who just collected dust in their garage. I'm sure he is secretly buying bitcoin for all we know.
. I haven't seen his reply though regarding this government's support on bitcoin. 
He is comparing it to Enron. I think it is just a case of sour grapes. He missed investing in it and now he thinks it will implode. Just like Jamie, he feels threatened by Bitcoin.
Considering he is among the richest *fiat* holders on the planet, he should feel threatened by Bitcoin which undermines his whole empire
He holds his richest status as a badge of honour.
He was once accused of trying to inflate his wealth just to get on the Forbes list of top 10 billionaires.
Well that may be a one probable cause why he is so sourpuss about bitcoin or he didn't buy a larger amount in the days bitcoin is still cheap, but can you blame him, he is so rich he is blinded by it that he can not see bitcoin making a future someday, because of the price of bitcoin back then, many investors are ignoring it and putting bitcoin in a scam position, as for us that making a living and just surviving from our daily salary bitcoin is an eye opener in gaining and becoming a millionaire someday.
You can't take people's word these days.
Otherwise, bitcoin has been dead thousands of times and is about to collapse ever since its inception. Not to mention bitcoin being a ponzi scheme countless times, all from people that are apparently respected bankers and public figures.
Even if bitcoin price experiences a correction which i think it will, its technology will live on and benefit people. Just look at Venezuelans, they are using bitcoin for real life purposes(save money).
actually not just venezuelans who use bitcoin as a real-life goal, even many of us use bitcoin as real life, even they only have income from bitcoin alone, and even I can not imagine if bitcoin becomes extinct, maybe there will be a lot of unemployment in the world , and this is the fear for us all, Otherwise, bitcoin has been dead thousands of times and is about to collapse ever since its inception. Not to mention bitcoin being a ponzi scheme countless times, all from people that are apparently respected bankers and public figures.
Even if bitcoin price experiences a correction which i think it will, its technology will live on and benefit people. Just look at Venezuelans, they are using bitcoin for real life purposes(save money).
You have to be involved in Bitcoin and use Bitcoin to really know what it's worth. If he has not used Bitcoin then what he says is worthless because he knows nothing.
You can't take people's word these days.
Otherwise, bitcoin has been dead thousands of times and is about to collapse ever since its inception. Not to mention bitcoin being a ponzi scheme countless times, all from people that are apparently respected bankers and public figures.
Even if bitcoin price experiences a correction which i think it will, its technology will live on and benefit people. Just look at Venezuelans, they are using bitcoin for real life purposes(save money).
Otherwise, bitcoin has been dead thousands of times and is about to collapse ever since its inception. Not to mention bitcoin being a ponzi scheme countless times, all from people that are apparently respected bankers and public figures.
Even if bitcoin price experiences a correction which i think it will, its technology will live on and benefit people. Just look at Venezuelans, they are using bitcoin for real life purposes(save money).
Quote
"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision [of any central bank]..."
that's the whole f***ing point !! seriously the people (holders) of bitcoin are the only ones that control it's value. in my dream scenario bitcoin is some sort of voucher that is used in exchange of goods and services. like the real definition of cash. 
...says Saudi billionaire investor Prince Alwaleed bin Talal. He added,
Read more of it here: https://www.c[Suspicious link removed]m/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html
What do you think guys? Does his opinion have any real or historical basis? Or is his just a misinformed opinion?
(Note: I know that this post should probably be in the child board Press, but most of the stuff going on there are just news postings and not much else. I just want to know your informed and intelligent take on his opinion. Thanks.)
Quote
"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision [of any central bank]... I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making..."
Read more of it here: https://www.c[Suspicious link removed]m/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html
What do you think guys? Does his opinion have any real or historical basis? Or is his just a misinformed opinion?
(Note: I know that this post should probably be in the child board Press, but most of the stuff going on there are just news postings and not much else. I just want to know your informed and intelligent take on his opinion. Thanks.)
But the whole idea behind bitcoin is to create a decentralized environment for transactions? To accuse something of doing something that was its entire purpose in the first place just does not make sense itself.
In my opinion, he is definitely misinformed.
Price of bitcoin could go down in the short term, but bitcoin won't just "implode".
...says Saudi billionaire investor Prince Alwaleed bin Talal. He added,
Read more of it here: https://www.c[Suspicious link removed]m/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html
What do you think guys? Does his opinion have any real or historical basis? Or is his just a misinformed opinion?
(Note: I know that this post should probably be in the child board Press, but most of the stuff going on there are just news postings and not much else. I just want to know your informed and intelligent take on his opinion. Thanks.)
If he does not understand something the best thing he could say is, I do not know if asked anything about bitcoin, the fact that he recognizes that he is unable to understand bitcoin and yet he declares that bitcoin is just like Enron is the opinion of something so full of himself that he will not recognize a good investment like bitcoin even if it hit him in his rear end and very soon bitcoin will do exactly that and he will need to eat his words. Quote
"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision [of any central bank]... I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making..."
Read more of it here: https://www.c[Suspicious link removed]m/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html
What do you think guys? Does his opinion have any real or historical basis? Or is his just a misinformed opinion?
(Note: I know that this post should probably be in the child board Press, but most of the stuff going on there are just news postings and not much else. I just want to know your informed and intelligent take on his opinion. Thanks.)
He is comparing it to Enron. I think it is just a case of sour grapes. He missed investing in it and now he thinks it will implode. Just like Jamie, he feels threatened by Bitcoin.
Considering he is among the richest *fiat* holders on the planet, he should feel threatened by Bitcoin which undermines his whole empire
He holds his richest status as a badge of honour.
He was once accused of trying to inflate his wealth just to get on the Forbes list of top 10 billionaires.
He has not cared to explain what if anything is common among Bitcoin and Enron. I doubt he knows what he is talking about and is simply stating his feelings based on the unknown or his own ignorance.
He is comparing it to Enron. I think it is just a case of sour grapes. He missed investing in it and now he thinks it will implode. Just like Jamie, he feels threatened by Bitcoin.
Considering he is among the richest *fiat* holders on the planet, he should feel threatened by Bitcoin which undermines his whole empire
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