Topic: Noble Prize Winner who predicted Housing Bubble: Bitcoin is a bubble for sure! - page 3. (Read 5730 times)
January 26, 2014, 07:11:40 PM
Crap I think its time to diversify and hedge into tulips.
January 26, 2014, 07:09:45 PM
what a slimy looking creep.
but this is great,
-the exchanges are ready
-the mainstream are behind
-the sentiment is bearish
full steam ahead!!
but this is great,
-the exchanges are ready
-the mainstream are behind
-the sentiment is bearish
full steam ahead!!
January 26, 2014, 07:06:27 PM
$3 Its a bubble!
$32 Its a bubble!
$100 Its a bubble!
$266 Its a bubble!
$1200 Its a bubble!
I see a pattern.
$32 Its a bubble!
$100 Its a bubble!
$266 Its a bubble!
$1200 Its a bubble!
I see a pattern.
Same goes with any bubble in financial history, but popped one day, they all have.
January 26, 2014, 07:03:19 PM
$3 Its a bubble!
$32 Its a bubble!
$100 Its a bubble!
$266 Its a bubble!
$1200 Its a bubble!
I see a pattern.
$32 Its a bubble!
$100 Its a bubble!
$266 Its a bubble!
$1200 Its a bubble!
I see a pattern.
Same goes with any bubble in financial history, but popped one day, they all have.
January 26, 2014, 07:03:14 PM
$3 Its a bubble!
$32 Its a bubble!
$100 Its a bubble!
$266 Its a bubble!
$1200 Its a bubble!
I see a pattern.
$32 Its a bubble!
$100 Its a bubble!
$266 Its a bubble!
$1200 Its a bubble!
I see a pattern.
You always had the opportunity to buy much cheaper coins after each bubble. This time will be no different.
January 26, 2014, 06:53:00 PM
Protip: Wait until the dip in to capitulation before you start the bear call. Look up Nagle's post history if you want some lessons.
January 26, 2014, 06:52:19 PM
There is a spate of negative Bitcoin stories appearing RT all of a sudden.
Up until recently, RT had a big hard on for Bitcoin.
Guess Putin has changed his mind now that Bitcoin has started infiltrating Russia's financial system.
Wonder how RT's resident circus freak, Max Keiser is going to spin his bullshit on Bitcoin now.
Up until recently, RT had a big hard on for Bitcoin.
Guess Putin has changed his mind now that Bitcoin has started infiltrating Russia's financial system.
Wonder how RT's resident circus freak, Max Keiser is going to spin his bullshit on Bitcoin now.
January 26, 2014, 06:48:53 PM
Bitcoin is currently in the ''return to normal/euphoria's last gasp'' phase.
January 26, 2014, 06:44:42 PM
Bitcoin is going down HARD!
People are really crazy! Paying over $1,000 for a DIGITAL CODE!
Don't let them fool you! Bitcoin will crash back to $25, where it belongs!
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Bitcoin is a bubble - Nobel Laureate in Economics
Robert Shiller, 2013 Nobel Prize winner in Economics, and an expert in the nature of market excesses, has come down on bitcoin and said that the tremendous jump of the virtual currency was a 100 percent bonified “bubble”.
"It is a bubble, there is no question about it.... It's just an amazing example of a bubble," the Business Insider quotes Shiller, talking to the World Economic Forum in Davos, Switzerland.
“I’m amazed by how people are so excited about it and I tell my students ‘no, it's not such a great idea’," the economist said.
Last year bitcoin grew tremendously in popularity: even universities in the UK and Cyprus began to accept the currency as a means of paying for tuition.
Most recently, two Las Vegas casinos started to accept bitcoin for goods and services.
Over 2013 bitcoin skyrocketed 6,200 percent, and is now being traded at about $950 per unit, according to data from Mt Gox, the world’s second largest bitcoin exchange.
The jump, though, is logical, as it simply follows human nature which is always interested in high-volatile markets, Shiller said. He agreed the online currency was an “inspiration” because of fast-developing computer science, adding the caveat that he didn’t quite see it that way. The Nobel Laureate pronounced that bitcoin was a return to the dark ages because at present there is very little clarity surrounding the crypto currency.
Robert Shiller, Yale Professor of Economics, and two other professors from the University of Chicago - Eugene Fama and Lars Peter Hansen - won the Nobel Prize in 2013 for their research into market prices and asset bubbles.
Source: http://rt.com/business/bitcoin-shiller-bubble-davos-127/
People are really crazy! Paying over $1,000 for a DIGITAL CODE!
Don't let them fool you! Bitcoin will crash back to $25, where it belongs!
----
Bitcoin is a bubble - Nobel Laureate in Economics
Robert Shiller, 2013 Nobel Prize winner in Economics, and an expert in the nature of market excesses, has come down on bitcoin and said that the tremendous jump of the virtual currency was a 100 percent bonified “bubble”.
"It is a bubble, there is no question about it.... It's just an amazing example of a bubble," the Business Insider quotes Shiller, talking to the World Economic Forum in Davos, Switzerland.
“I’m amazed by how people are so excited about it and I tell my students ‘no, it's not such a great idea’," the economist said.
Last year bitcoin grew tremendously in popularity: even universities in the UK and Cyprus began to accept the currency as a means of paying for tuition.
Most recently, two Las Vegas casinos started to accept bitcoin for goods and services.
Over 2013 bitcoin skyrocketed 6,200 percent, and is now being traded at about $950 per unit, according to data from Mt Gox, the world’s second largest bitcoin exchange.
The jump, though, is logical, as it simply follows human nature which is always interested in high-volatile markets, Shiller said. He agreed the online currency was an “inspiration” because of fast-developing computer science, adding the caveat that he didn’t quite see it that way. The Nobel Laureate pronounced that bitcoin was a return to the dark ages because at present there is very little clarity surrounding the crypto currency.
Robert Shiller, Yale Professor of Economics, and two other professors from the University of Chicago - Eugene Fama and Lars Peter Hansen - won the Nobel Prize in 2013 for their research into market prices and asset bubbles.
Source: http://rt.com/business/bitcoin-shiller-bubble-davos-127/
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