Richest Saudi's Prince Statement - page 5.

Pamadar

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Quote from: moamin77 on October 24, 2017, 08:44:24 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 he wants to create some fear & then price dump so that he can jump in? Wink

same old stories with those people who wanted to make an speculation, maybe he's telling the truth or what so ever the fact is we already here and it doesn't
affect how we believes unless for those panic holders and the weaker investors maybe they will follow his leads but for those who are making a lots of money
because of this investment there's nothing to worry.

orions.belt19

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Quote from: olubams on October 24, 2017, 06:27:04 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?

He is an individual who has his sole right to express his opinion on tropical issues to show he is current with happenings around the world and that does not mean he must show support for bitcoin. He said his own and that's it. It still does not change anything even though his popularity over there is legendary, it does not spread all over the world. Even when the president of World Bank made her own statement, it still does not change anything why would a Prince statement matter at all?

Everyone is entitled to their own opinion and if the prince of Saudi Arabia thinks that the bitcoin will collapse then he can say so. It does not necessarily mean anything nor should we be too affected by it. He may have power and influence due to his title but his statement does change any facts. Bitcoin will collapse for different, and not because of the statement of a influential person. Anyone else can say the same thing but bitcoin will remain as it is.

diwtoken

newbie

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A Prince is just another person - just another opinion.
The truth does not change based on what people think or believe.

It changes based on solid facts...

Rahar02

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No one could predict what will happen for bitcoin in the future precisely. Normally, bitcoin's price will continue to increase over time, too many people involved in bitcoin world, even a big country such as Japan has been legalized bitcoin payment, Billions of dollars has been invested into bitcoin environment, whether to purchase it or any other services regarding bitcoin (hardware, exchanges, etc).
Take a look at bitcoin miners, mining pools, fintech, exchanges which supports bitcoin till the end, put their life savings in cryptocurrency, bitcoiners will not let bitcoin fail.

Redanim

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Rich man or not, that is just his opinion. Every person has his own opinion and my opinion is that bitcoin will not collapse for a long time, if bitcoin 9 years already working without problems then it means that this currency has a future as for me.

kriticko29

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It was only his statement. No proofs and no any other evidences presented that will support his claim that bitcoin will fall. Bitcoin is based on studies and economic background so such statement in this field must have supporting files.

13abyknight

sr. member

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This isn't the first person to call out Bitcoin like this and definitely won't be the last. Just like everyone else who called it a bubble and spoke rubbish about it have shut their mouths of criticism, a few years later when Bitcoin develops into something great being used as alternate to fiat, he will regret these words just like the rest. It could also be that he's trying to add fuel to the fire which these FUDers have raised and might end up buying the dip.

Givebirth

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Quote from: layoutph on October 24, 2017, 06:00:38 AM

Just laugh on him, Even JP morgan, China, Russia and Korea cant stop BTC, who is this Saudi Prince? Another scumbag guy who wants to test his influence? So arab people will dump their BTC and this prince can buy the dropped coins from the dip.

I will not be amazed if BTC will persecuted by United Nations. Shame on these greedy and desperate people who wants to join the crypto wagon.

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 agree with even one of the most influencial country in this world can not take down bitcoin. Also china those country has big influence in our world but for the statement of the prince of saudi he just made a shame on predicting that bitcoin will fall down.

moamin77

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JACS.tech

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 he wants to create some fear & then price dump so that he can jump in? Wink

BitcoinHodler

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HODLing is an art, not just a word...

it is scary to know that whales like this are buying bitcoin and buying a lot of it. and it is even scarier to know that they know spreading FUD can help them buy cheaper coins and make more money out of the bitcoin market by manipulating it like this!

i wish we could find a way to flush these whales out or at least decrease their power.

Titanos

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Bitcoin is not a company like Enron. It's not guided by one person. It's guided by its community so it will not collapse.

CaVO32

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he's just another guy that doesn't really know how crypto works. even if he's a saudi prince, he has no influence whatsoever in crypto world. so just ignore him. he just wants publicity by saying on something that he has little knowledge of.

cryptosipi

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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?

Woww did he just did that,i wish fool people sell their bitcoins by this statement aand by that it price goes down again.
I really want to buy bitcoin if its price is at 3000usd.
I wish people become dumb again...lol.
just kidding..this statements are just a way to control the market they want us to sell bts so that they can buy bits in cheap.
hope you understand this and donot fall for the trap.. Tongue

kendra1107

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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?

This is nonsense...No one person, not a prince, not even a king can dictate how bitcoin will perform. Many have attempted to bitcoin down but to no avail. The community is the only entity which can dictate and manipulate bitcoin’s performance. If the community crumbles, then the possibility of the same happening to bitcoin may be considered.

AverageGlabella

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This guy has just inherited all his wealth. Why would we listen about investment from him?

Squidoogeek

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I wonder if he's related to the guy who tried to bribe Forbes or somebody in an attempt to get on their list of the world's richest people. Guys like him are all ego and tend to dismiss anything that they did not benefit from.

Coffee135

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The fact that the fall in prices will immediately after people will get free coins that was to be expected. Just like the fact that this background will start to rise in the price of altcoins. But that does not mean that bitcoin will collapse. The Arabs sell their oil for dollars, and so afraid of devaluation. I think that such statements are associated with this.

Harlot

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This is the same prince who stated that oil won't reach 100$ a barrel ever again. Look at what the price of an oil barrel right now is? Yeah it is still over half his prediction which is 49$. Even though he has accurate statements it is about oil and mostly they have control over it while they don't have control over Bitcoin and they cannot really have a good accurate prediction with it as the buyers are the one who will determine the value of Bitcoin.

Red-Apple

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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.

adadaorlina

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Al-Waleed bin Talal compared it to Enron who is a corporation or group of people authorized to act as a single entity. that is very different to Bitcoin who has the system works without a central repository or single administrator, systematically different to each other.

Topic: Richest Saudi's Prince Statement - page 5. (Read 1888 times)