Topic: "Bitcoin will implode"... - page 3. (Read 1677 times)
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.
...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.)
For most of his statement, he's making sense. He's essentially saying that Bitcoin is decentralized but in a way that may not seem super positive or reinforcing. As for the last part, it's solely his belief that a lot of people refute and do not agree with. I don't understand the Enron reference, however. Enron was a scandal that had a lot of false numbers and false claims. Bitcoin doesn't have that one entity to bullshit numbers.
...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.)
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