Topic: Jack Ma said Blockchain was a great but Bitcoin is A Bubble - page 3. (Read 481 times)
I'm pretty sure a lot of people will get triggered about this one and check for its validity. Well, if this is really coming from him, it's another opinion that's against BTC and it's not new at all.
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.
Jack Ma is an Autistic Fuck who serves the "BIG" Money
This made me laugh so hard
Blockchain technology will probably get adapted by banks eventually I think but the future of Bitcoin will remain unclear because they will probably start something of their own instead.
Jack Ma just don't understand what cryptocurrency is. He is refusing to accept the new revolution to the financial system. People only say negative things about stuff they have either no knowledge or little knowledge about. How can you accept blockchain and say bitcoin is a bubble? He is just confused. 
Jack Ma is just given his opinion and anyone is entitled to his or her opinion. Bitcoin is the great invention that has ever happen and the few downs we have faced recently does not bitcoins a bubble.
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.
It’s natural if Jack Ma said that because he didn’t follow and have Bitcoin, he said it himself that he just warned of the potential bubble. If you look at the price chart, you should be understand why the price can move. See what news affects it, don’t just simply judge that price chart because it just makes you look stupid here.
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?
if you feel like listening to the experts saying the price will be 300 USD, so go and listen to them, no problem at all. It means you better sell all you have and do not return
I think there are times when we get overly concerned by the opinions of those that are well-known business leaders but are not authorities when it comes to cryptos. It is their opinions on something that they don't fully understand or it is a potential threat to one of their businesses. Why do we care what Warren Buffet thinks? The marketplace will determine the success and failure of BTC not talking heads. 
Quite strange statement but there`s nothing new, there`re a lot of haters but ecurrencies are still on the top.
I don't know what to believe anymore! I wanted to believe that Bitcoin and Altcoins are just experiencing some correction and will soon start a bull run that will give me more peofit in the future but the price keeos on declining. I feel stressed everytime I think about it. I will now set a goal that I will hold my coins till December this year and if nothing haooens by then, I will go away with cryptocurrency for a while and will surely come back after some time.
Same thing being said by Warren Buffet I think.
Basiccaly, in investing, the older you get the less risky investments you should take part in. These guys want to avoid the votality of crypto market
I wouldn't declaim that cryptos are all risky. Prices fluctuates 30% in just minutes
Basiccaly, in investing, the older you get the less risky investments you should take part in. These guys want to avoid the votality of crypto market
I wouldn't declaim that cryptos are all risky. Prices fluctuates 30% in just minutes
We assumes every billionaire is a good speaker, they can be good speaker but that doesn't mean they have a profound knowledge of every business or technology. The reason why i am saying that these billionaires don't have any experience related to digital currencies or in technology behind these currencies. What Jack ma said is his assumption, being a crypto lover and having good knowledge about blockchain and bitcoin i completely disagree with what he said.
Sometimes I am considering the case with bitcoins death, because to be wise enough you need to consider all the options that could ever happen. But I think we would survive.
Well I agree the price was too high for BTC at such early stage. Don't get me wrong, I believe BTC is worth 20k, but not at such huge pump in short term. It has to show it's real potential for rest world to understand BTC is best.
We must agree that bitcoin clearly showed signs of a financial bubble when it rose in December last year in its price to the level of $ 20,000. However, he was not scheduled for such behavior. It was designed for its primary use as a means of payment. The greed of people made it primarily a means of accumulating value and therefore bitcoin had to grow in value and become a bubble. However, on the other hand, the nature of the crypto currency has not been fully explored and therefore it is quite difficult to say exactly what is normal for it and what is not.
yes, we should be worried about the crypto market condition today, but this condition also does not make us pessimistic. and do not lose our expectations.
it's just a general prediction, anyone can make speculation about bitcoin price, if he says that bitcoin will erupt in the near future, I think it is the wrong prediction.
because now in every corner of the world already know bitcoin.
the spread of bitcoin continues to increase every year, bitcoin only takes longer to get up from this condition.
i think he will only be created the FUD, and make the people panics.
it's just a general prediction, anyone can make speculation about bitcoin price, if he says that bitcoin will erupt in the near future, I think it is the wrong prediction.
because now in every corner of the world already know bitcoin.
the spread of bitcoin continues to increase every year, bitcoin only takes longer to get up from this condition.
i think he will only be created the FUD, and make the people panics.
I don't think Bitcoin will come back to 200/300 USD.
but, maybe Jack Ma is right. from 20k to 5.8k in just few months is a clear symptom of a bubble.
it's like dot.com bubble. New really disruptive technologies suffer this...
20k to 5.8k in just few months is NOT a clear symptom of a bubble. Only noobs will think of it this way... in the latter of 2017, bitcoin rockets up from 7k all the way to 19k because some greedy ass hyped it in all forms of media. Try to recall those events and you'll get what am sayin...but, maybe Jack Ma is right. from 20k to 5.8k in just few months is a clear symptom of a bubble.
it's like dot.com bubble. New really disruptive technologies suffer this...
Therefore, that " 20k to 5.8k" that you were talkin about is called "corrrrrrection". A huge "corrrection" - whereas the sheep has to sell their btc cheap because they are dumb enough to buy on trend.
Maybe Jack Ma is a successful businessman and knows about future economic potential, but remember he is not a god who knows everything. besides Jack Ma, there are still many other successful entrepreneurs who have opinions that go against Jack Ma. So what is the core we can take from this? believe in yourself and remain optimistic
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