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Topic: North vs South opinions about bitcoin (Read 164 times)

full member
Activity: 266
Merit: 100
September 08, 2018, 06:35:22 AM
#3
These are just different points of view on the bitcoin price issue and you can stick with any of them.
jr. member
Activity: 224
Merit: 4
July 20, 2018, 01:19:25 PM
#2
Bitcoin has and always will have two types of people.One who like it and the others who don't.As a general life rule we know that More the Risk More will be the RoI. Negativity is also prevalent in lets say share markets or even Mutual funds.It's upto us to decide which way we want to look at the coin.If at all Bitcoin was a bubble as many criticizers say it would have burst long ago.Bitcoin is here to stay.Stay Optimistic and watch the king rise again Smiley
member
Activity: 672
Merit: 12
July 19, 2018, 10:54:55 AM
#1
Amidst positive news about bitcoin; bull phase seemingly capturing the market we are getting all the positive news about the market especially bitcoin. Most of the people knowing something about bitcoin; are of the view that now the upwards journey has started.
In an interview to CNBC , Barry Silbert, Digital Currency Group claims that the bears have run out that means bulls are in to take the driving seat. Also he claims that several institutional investors are about to jump into the market to run a race with crypto bulls.  I am also of the  same opinion. 
Please read in details about his interview:
https://www.ccn.com/bitcoin-price-has-finally-bottomed-digital-currency-group-founder-barry-silbert/

But I am sorry; presenting here extremely opposite views of another person
Fed Chair criticising cryptocurrecy stated that crypto is not a real currency.  It has no intrinsic value.
Jerome Powell,  said on Capitol Hill that “relatively unsophisticated investors see the asset go up in price, and they think: ‘This is great; I’ll buy this.’ In fact, there is no promise of that.”

“There are investor and consumer protection issues as well,” continued Powell, whose comments were recorded by CNBC, adding that cryptocurrencies should not be considered real currencies since they have no intrinsic value.

This statement just opposite to the first one; seems to be just clash of interest.  Is not it?


https://www.ccn.com/bitcoin-not-a-real-currency-risky-for-unsophisticated-investors-fed-chair-powell/
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