Richest Saudi's Prince Statement - page 4.

milewilda

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Quote from: maku on October 24, 2017, 02:36:37 PM

Quote from: crypcoinmonster on October 24, 2017, 05:40:59 AM

What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will have significant value on the prices?

Does that Arabian Price know that most likely during his lifetime global reserves of oil will be probably totally depleted?
Anyway, it is useless to ask people from the establishment bankers, oligarchs, stock traders etc about bitcoin.
They are natural bitcoin enemy - so of course, they would say that BTC is 'not good' or it is a fraud or a bubble, what else can they say?

They can criticize bitcoin as much as they like but us bitcoin users do really know on whats the goodness of this coin and on other cryptocurrencies too.Its normal to think off that they would do such thing because they do really have the money and influence that they do need which somehow they dont really tend to engage into things which arent recognized by many.

maku

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Quote from: crypcoinmonster on October 24, 2017, 05:40:59 AM

What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will have significant value on the prices?

Does that Arabian Price know that most likely during his lifetime global reserves of oil will be probably totally depleted?
Anyway, it is useless to ask people from the establishment bankers, oligarchs, stock traders etc about bitcoin.
They are natural bitcoin enemy - so of course, they would say that BTC is 'not good' or it is a fraud or a bubble, what else can they say?

androidpobeditel

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The opinion of al-Walid is shared by many major financiers and investors. But many also begin to soften their skepticism toward bitcoin. So, the billionaire Mark Kuban, a former bitico-skeptic, advises (the real adventurers) to allocate 10% of their investments to high-risk crypto-currency assets.

Haunebu

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www.Crypto.Games: Multiple coins, multiple games

Why do you care about some prince's words? Many powerful figures have always tried to undermine bitcoin with a hidden agenda. These guys are great at influencing people through their opinions. Stop falling for these traps and believe in the one true king of the crypto world(Bitcoin). Cool

monsanto

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..like bright metal on a sullen ground.

Quote from: Red-Apple on October 24, 2017, 07:53:28 AM

people who are talking about "collapse" and stuff like that about bitcoin want fame. nothing else. they are speculators in the market that also have invested heavily in bitcoin market and are earning a lot of money from it.

it is a safe bet too. not the collapse part, but the drop. you speculate that there has been a very long bull market, then you add all the drama that is upcoming regarding segwit2x (you obviously have to be involved with bitcoin to know these things), and other factors by analyzing the market and start pretending to be Nostradamus.

now if price never drops, you were just another idiot among others and will be forgotten. but you still have your hardware wallet filled with bitcoin, so who cares about what others think of you.

but if it drops you get a log of publicity and start telling everyone "i told you so" even if price never really collapsed and it was just a 20% drop for example Cheesy

all the while you short the shit out of market and make millions.

Yeah, I think this is part of the motivation. Keep predicting catastrophe until it happens and then proclaim that you're a genius and get a starring role in "The Big Short" sequel.

rafajunior99

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I never thought about what they said about Bitcoin, because the Chinese state that used to be a lot of big investors in Bitcoin, now even bans Bitcoin there, but I see it has no effect on Bitcoin prices, and even Bitcoin prices are rising, Do you believe in the king's news Arabs who do not know much about Bitcoin, they say Bitcoin will collapse, I think it's just nonsense.

Rudsild

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Quote from: tramadols on October 24, 2017, 11:43:10 AM

Quote from: crypcoinmonster on October 24, 2017, 05:40:59 AM

What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

maybe it's just a rumor. I do not see news of what you say. but if true, I do not care what he says. bitcoin has been tried by some countries. so I never felt worried

.

https://www.coindesk.com/saudi-prince-al-waleed-bitcoin-going-implode/

Saudi Prince Al-Waleed bin Talal sharply criticized bitcoin during an appearance on CNBC today, saying that he agrees with JPMorgan CEO Jamie Dimon's assessment that the cryptocurrency is a "fraud."

But do not need to worry.

reflector

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Quote from: Kprawn on October 24, 2017, 11:03:12 AM

You know there is a saying.... "Opinions is like assholes, everyone has one." ... You know people with money, like Jamie

Dimon, think they can force their opinion onto other people and this is where they have it totally wrong. People hate these

"know it all" types.... A lot of these people pay other people to think for them and they just go with that. Bitcoin can fail or it

can go to the Moon, nobody knows.... Trump is President of the USA, who would have figured that? Not the Prince. Roll Eyes

But their figuring on bitcoin will not work at all. Since bitcoin is the decentralized money no one can have a control on it. There are many critics about bitcoin like volatilly, illegal usage and many more but none of the person can do anything to bitcoin.
Decentralized platform is the one of the world's best platform to invest then how bitcoin will be dead and all.
Whether Trump or King salman nothing will be affected to bitcoin.

eagleman

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Quote from: crypcoinmonster on October 24, 2017, 05:40:59 AM

What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

I can tell anything about him but I won't be saying any bad words to him as I respect him as royalty prince of Saudi. Let's see if it will happen because the CEO of JP Morgan Chase so before that bitcoin is a fraud and then the price followed dramatically but it pumped later on. The same thing can happen but the thing here whoever is the expert or influential person will say anything bad to bitcoin, the price will still be stable and it will have a strong resistance.

BrewMaster

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There is trouble abrewing

Quote from: tramadols on October 24, 2017, 11:43:10 AM

Quote from: crypcoinmonster on October 24, 2017, 05:40:59 AM

What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

maybe it's just a rumor. I do not see news of what you say. but if true, I do not care what he says. bitcoin has been tried by some countries. so I never felt worried

it really doesn't matter if it is true or not.
a lot of different people with different positions and financial status, say a lot of different things about bitcoin. some are for and some are against it. in the end it is up to the reader to decide how full of it they are. and it is not just about those who are speaking against bitcoin, sometimes those talking positive about bitcoin are worse.

tramadols

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Quote from: crypcoinmonster on October 24, 2017, 05:40:59 AM

What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

maybe it's just a rumor. I do not see news of what you say. but if true, I do not care what he says. bitcoin has been tried by some countries. so I never felt worried

kevoh

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No one in cryptocurrency world cares about what some little prince in Arabia says. His comment has zero influence on the direction of the price of bitcoin. The big guns like China and co have done little to bring the price down, let alone some individual in far away Saudi. In fact creating this thread is tantamount to giving him attention that he does not deserve at all.

Pantum

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I think that the whole point of crypto is exactly that NO government whatsoever has influence on the coin directly. That's why Neither China, Russia, or Saudi Arabia dumb prince has any influence on the BTC. Will they try to therefore repetitively, but BTC is made by the whole market cap holders.

But I'll be happy if coin gets to 3k again because of it... if you know what I mean Wink

Almat

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Quote from: yoseph on October 24, 2017, 07:05:41 AM

Quote from: crypcoinmonster on October 24, 2017, 05:40:59 AM

What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

Why are we listening to a Saudi Prince in the first place, if it was matters concerning oil and the them not respecting the rights of women in general i think he would have known exactly what to say but when it comes to Bitcoins and cryptocurrencies, he has no clue whatsoever.

That's harsh lol. But yeah, he's free to share his opinion on the matter. I just hope he's not like Dimon who would purposefully cause a dip to buy. Opinions like this need to just be tuned out. They're not affecting the market like they used to anyway.

Kprawn

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You know there is a saying.... "Opinions is like assholes, everyone has one." ... You know people with money, like Jamie

Dimon, think they can force their opinion onto other people and this is where they have it totally wrong. People hate these

"know it all" types.... A lot of these people pay other people to think for them and they just go with that. Bitcoin can fail or it

can go to the Moon, nobody knows.... Trump is President of the USA, who would have figured that? Not the Prince. Roll Eyes

erre

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He is a known moron:

[...] the judge described him in his written ruling as “completely unreliable”, “hopeless” and “pathetic”.

https://therearenosunglasses.wordpress.com/2014/02/07/the-curious-case-of-prince-al-walid-bin-talal/

darklus123

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That certain prince that you were talking about has no idea of the difference between enron and bitcoin well i guess he only knows about enron much than bitcoin.

He should start thinking that enron is a company and btc isn't. There maybe a company that runs bitcoin and that somehow relates to enron not bitcoin itself

konco_kenthel

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Quote from: crypcoinmonster on October 24, 2017, 05:40:59 AM

What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

Maybe this is just the game of King Alwaleed bin Talal alone that makes the miners experience a serious panic so the main road is as soon as possible to sell various types of coins that are being stockpiled earlier.So automatically everything quickly sells it simultaneously even though the price is still low.That's where the king's chance came to buy a relatively low price.

r1a2y3m4

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Match365> be a part of 150BTC inviting bonus

I know what this guy is doing. He is scaring people. A man of his stature can affect the bitcoin users. One statement from a man of his position can reach many people worldwide and if he made a statement that bitcoin will fall chances are many people would be scared. Then what would this scared people do is they will sell their bitcoin then bitcoin's value will go down ( probably an all time low) then when it is at its lowest this rich guy will buy tons of them. It is a powerplay for him to buy bitcoin for low value. then later sell it if bitcoin starts gaining power again.

thejaytiesto

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Quote from: monsanto on October 24, 2017, 06:30:55 AM

Quote from: admissions on October 24, 2017, 06:12:21 AM

I mean someone that rich you would think he would understand economics and the value of Bitcoin. Unless now that he's earned his money he's ignorant to up and coming technologies and just wants some publicity.

He's a Saudi Prince so I'm not sure what, if anything, he has "earned". In any case it's fun to watch these guys used to ordering people around try to tell reality what it must do. The problem for them is reality does what it wants.

plus this dude has completely lost control of his eyebrows in this video:

https://www.cnbc.com/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html

These guys are not impressive at all. They woke up on a ton of oil and got filthy rich, big deal. These idiots wouldn't be able to understand bitcoin in a million years. They also prohibit drinking, gambling and hookers on their own countries and then leave to some other country that will allow for that and spend millions in drinks, gambling and strip clubs. Just hypocrite rich oil people as usual.

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