Topic: Jack Ma said Blockchain was a great but Bitcoin is A Bubble - page 2. (Read 481 times)
Who is Jack Ma? He is an entrepreneur, a merchant, he trades and he is smart but unfortunately he is not a financial or an investment expert so the statement he gave should not have any meaningful value as Bill Gates commented on the strategy of the United States war in the Middle East, no relevance.
Some of these billionaires cannot deal with the fact that the world is moving at a fast pace and bitcoin has become an integral part of the new world. They want to explore bitcoin but reject another technology which has continuously proved how useful blockchain is ?
Its becoming a pretty common pattern now this year with people in high places that they use the same expressional behavior to spread there bias as there counterparts do. 
Jack Ma is great, but bitcoin is more greater. We cannot deny that bitcoin carries a lot of risk when we enter the market, the prices are increasingly increasing, making many people interested, but all can be in vain if the price falls instantly. I can not comment on this buble , because it might just happen, but I just think positive that bitcoin will continue to improve.
I think that bitcoin after the fall will start a rapid growth. It will happen soon enough. I think it will exceed the cost of $ 9k.
I think if bitcoin was a bubble, it would burst already but you see that bitcoin still existing with a great value in the market.
Usually, bubble never come back to bubbling after burst, but when bitcoin price falling, it will rise back someday. So, bitcoin = bubble ? No
Usually, bubble never come back to bubbling after burst, but when bitcoin price falling, it will rise back someday. So, bitcoin = bubble ? No
The technology blockchein in any case is a very revolutionary and useful invention in this age of digital technology. Even those governments that are negative about the crypto currency, all recognize the practical utility of blockchein technology.
As for bitcoin, he shows the properties of a financial bubble only in case of a sharp rise in his value. It is hardly possible now to call bitcoin a bubble at its current cost.
As for bitcoin, he shows the properties of a financial bubble only in case of a sharp rise in his value. It is hardly possible now to call bitcoin a bubble at its current cost.
in my opinion Jack Ma is a very smart guy, but he got access to negative information. And he asked the right question about the fact that we do not know much about bitkoin. But it seems to me that bitcoin will fall and grow again.
Which is sometimes true but it is alright since it is what the market is showing lately, so I think that he has the basis with what he was saying, knowing him for sure that he knows what he is talking about, at least he believes in blockchain and crypto.
I believe that bitcoin after a major fall begins to gain volumes and soon we will see not just a local outgrowth, but a real to the moon.I hope this happens this year
You are like a media, looking at the Bitcoin chart without mentioning what events are causing it and instead linking it with 'bubble' so the news will be spreaded regardless of FUD in the market. Sorry, but you're not a believer.
And what caused the blockchain technology become famous besides Bitcoin's success? So, is Bitcoin a failure?
And what caused the blockchain technology become famous besides Bitcoin's success? So, is Bitcoin a failure?
Jack Ma is a famous man in the world but does not mean that Jack Ma's words are true. Agreed with Jack Ma as blockchain is a great technology platform. But Jack Ma is like everyone else and thinks Bitcoin is a bubble. That's the wrong thought of Jack Ma
Some people like Ma, firstly says Bitcoin bubble, evil or something. Then Bitcoin price goes down and they are turning and says Bitcoin will be great. I don't care what they say.
Here is an analogy and logic. Jack Ma owns a payment method in China and that is Alipay so why on Earth he will praise and commend a potential competitor to his business?
He can like and compliment the technology but the product itself (bitcoin), he just can't.
We may not know on what's on his mind but that's what I can see and why is it that he's totally not into good words about bitcoin.
Yeah! he is not stupid to like great competitor to his alipay. Bitcoin is a great threat to fiat money, because as what we can see now, bitcoin is technology and technology runs our world and its possible that in the near future bitcoin will become great currency than fiat currency. I think that he is just scared that bitcoin might be more valuable than fiat money in the future.He can like and compliment the technology but the product itself (bitcoin), he just can't.
We may not know on what's on his mind but that's what I can see and why is it that he's totally not into good words about bitcoin.
He is intelligent and he won't tell the people if he's scared of a great competitor because it will lose his customers confidence about him.
Instead of praising and giving good feedback to it, he's just telling something bad just to make it look bad.
Here is an analogy and logic. Jack Ma owns a payment method in China and that is Alipay so why on Earth he will praise and commend a potential competitor to his business?
He can like and compliment the technology but the product itself (bitcoin), he just can't.
We may not know on what's on his mind but that's what I can see and why is it that he's totally not into good words about bitcoin.
He can like and compliment the technology but the product itself (bitcoin), he just can't.
We may not know on what's on his mind but that's what I can see and why is it that he's totally not into good words about bitcoin.
Your statement makes a lot of sense, where AliPay is a payment method used by Alibaba.com that we know the company is owned by Jack Ma so maybe he does not want the bitcoin payment method coming in to rival even replace AliPay. It is natural that he praised the blockchain technology because the technology is really very good at data processing but for its products like bitcoin maybe Jack Ma will not accept it because bitcoin might damage the payment method owned by the company.
But considering that there can not be one without the other and vice-versa, how can your affirmation stand?
Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.
Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.
https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html
maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29
how do you think the crypto traders and crypto investors are responding to this issue?
Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.
https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html
maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29
how do you think the crypto traders and crypto investors are responding to this issue?
This article one of the most give negative affect of bitcoin as currency, jack ma trying to destroy bitcoin as currency so thank you to all people strongly supporting the bitcoin even they have more people want to goes bitcoin into the hole. Look at the price now start bouncing so i suggest to all people do not listen to the people want bitcoin goes into die.
How can I be that different world wide known economique experts are having so much opposite things to say and to think? It is almost hilarious for me that important guys like them are saying an opposite things about one particular topic.
Blockchain is great and bitcoin is awesome. He is just spreading a FUD news so that he can invest in a low price. What his thought will affect the price of bitcoin? Ignorant people will only follow him. No more reasons for bitcoin to be a bubble thing since it has the highest volume and value in all cryptocurrencies. Bitcoin has foundation and it never be broken.
Bitcoin will always be legit as long as it still has demand from the market. If demand from the market is lost and Bitcoin loses volume, then Bitcoin can experience bubbles.
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