Who is wrong? - page 3. | Bitcointalksearch.org

BOAEDAN

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Quote from: ijeb on April 20, 2021, 04:06:28 PM

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Do you know why some one like Bill Gate and many other business man want to make cryptocurrency drop and said bitcoin or altcoin are bubble? they won't bitcoin not to be popular and almost people left and never try to invest with cryptocurrency, the same like United State government never want to their people become investor on cryptocurrency.

MFahad

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Quote from: ijeb on April 20, 2021, 04:06:28 PM

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Why would we make our decision based upon the view point of Bill Gates or Elon Musk ? We don't need to know who is wrong and who is right. Also most of the times their statements are made to move the market in their direction. If they want to pump the bitcoin, they will speak in fovor of it and if they want to dump it, they will speak against it.

Valak

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Quote from: ijeb on April 20, 2021, 04:06:28 PM

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Both are successful people in business, and they can influence the development of the global economy. They know what will be best for the future.
I think their pessimism and optimism is due to global business competition. They just want to show that their choice is the best. Bill Gates will also step into the digital currency business.

devollito

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Boomers still dont understand what value bitcoin can bring to our world, easy to store the value, imagine if you have $1 billion dollar. Where you would to store it ? Fiat ? It will decrease in value everyday. Gold ? How many tons of gold you need to buy and protect it ? A lot of resource needed for gold as store of value.

gaston castano

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As we can see now the mass adoption of crypto has occurred, such as the big company Tesla accepting bitcoin as payment, paypal provides features to buy btc directly on their platform and many more from previous years that btc has not been recognized.

zayika570

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Quote from: SacriFries11 on April 27, 2021, 09:29:34 AM

Quote from: rhomelmabini on April 21, 2021, 08:28:02 AM

Both sides are right in their what they think is for Bitcoin and we can't say that there's wrong. One side says that the price may plunge to nothing or it's a bubble, they might be right or the other side says it will never become a bubble like the former firmly believe. Possibilities on both sides are endless.

Yes you're right. I think Bill Gates is not against Bitcoin but give warning that the possibility that the BTC value will be bubble. He's being neutral about his comments and do not own BTC but I just he don't needed another investment. Elon Musk in the other end, fully support BTC and other cryptocurrency and I think it's because of this is his generation, his era and find the endless potential of blockchain. Nothing wrong will both sides. The people using cryptocurrency in the wrong way, is the wrong thing.

It is important to have a big liquidity and a lot of users that price of cryptocurrency continue to grow. It is good that appear services like https://www.koinal.io/ that allow to buy cryptocurrency directly from bank cards. I think that such services will increase the liquidity of the coins.

Fivestar4everMVP

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It is said that people fear what they can't understand, hate what they can't fight and win.
It clear, am sorry if I use the wrong word but this men who say shit about bitcoin and cryptos in general are smart old fashioned men, I call them smart because they've been on top of their game even though we can't really point to how they got there, but still, the society respects them for the position in the world where wealth is the ruler.
Bitcoin is too complex for them to understand, and they can't rap their head around the fact that they can't point to the person that started this whole journey is crypto currencies, if Satoshi was around, they would have wanted him to show them exactly how bitcoin operates and where it gets its value from before they would invest.
But the long story short is that we don't need this people, bitcoin have been doing very well even before Elon musk came on board, bitcoin will still be doing very well before others come.

SaShiRaJaVu

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Quote from: ijeb on April 20, 2021, 04:06:28 PM

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

It is all about timing and if Bill Gates plans to short Bitcoin during a bull run he will liquidate a huge chunk of his wealth to the market as you need to be a dumb trader to make that kind of decisions and on the other hand if he is expecting a major correction then he can short the coins and earn his profit but the risk factor is really high in the cryptocurrency market as the market can change at any time.

SDKmaster

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Quote from: alan228 on April 28, 2021, 03:43:15 AM

Quote from: SacriFries11 on April 27, 2021, 09:29:34 AM

Quote from: rhomelmabini on April 21, 2021, 08:28:02 AM

Both sides are right in their what they think is for Bitcoin and we can't say that there's wrong. One side says that the price may plunge to nothing or it's a bubble, they might be right or the other side says it will never become a bubble like the former firmly believe. Possibilities on both sides are endless.

Yes you're right. I think Bill Gates is not against Bitcoin but give warning that the possibility that the BTC value will be bubble. He's being neutral about his comments and do not own BTC but I just he don't needed another investment. Elon Musk in the other end, fully support BTC and other cryptocurrency and I think it's because of this is his generation, his era and find the endless potential of blockchain. Nothing wrong will both sides. The people using cryptocurrency in the wrong way, is the wrong thing.

After the raise of cryptocurrency there is a fall. Cryptocurrency trading allow to earn money even on fall of the market. Also appear services like https://www.qoiniq.com/ that allow to trade from one platform at different exchanges that increase the profit of traders even more.

Cryptocurrency market continue to be volatility and many people use it for trading. That is why platfroms like https://www.qoiniq.com/ are very usefull for people because they allow to make more money on cryptocurrency trading, trading from one platfrom at different exchanges.

Dewi Aries

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Quote from: ijeb on April 20, 2021, 04:06:28 PM

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

If me, when someone says bad about bitcoin i will just ignore it. If someone say good about bitcoin i will follow it because it can make good news. If bitcoin down, i will hold it and if bitcoin up, i will really happy about it. There are always positive and negative response about anything so don't really make it hard and just follow which is support us.

alan228

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Quote from: SacriFries11 on April 27, 2021, 09:29:34 AM

Quote from: rhomelmabini on April 21, 2021, 08:28:02 AM

Both sides are right in their what they think is for Bitcoin and we can't say that there's wrong. One side says that the price may plunge to nothing or it's a bubble, they might be right or the other side says it will never become a bubble like the former firmly believe. Possibilities on both sides are endless.

Yes you're right. I think Bill Gates is not against Bitcoin but give warning that the possibility that the BTC value will be bubble. He's being neutral about his comments and do not own BTC but I just he don't needed another investment. Elon Musk in the other end, fully support BTC and other cryptocurrency and I think it's because of this is his generation, his era and find the endless potential of blockchain. Nothing wrong will both sides. The people using cryptocurrency in the wrong way, is the wrong thing.

After the raise of cryptocurrency there is a fall. Cryptocurrency trading allow to earn money even on fall of the market. Also appear services like https://www.qoiniq.com/ that allow to trade from one platform at different exchanges that increase the profit of traders even more.

Dump3er

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Quote from: ijeb on April 20, 2021, 04:06:28 PM

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

If we take your question word by word, Gates is wrong. Why? He said he would short BTC if there an easy way to do it. When he said it, there was an easy way to do it but I am pretty damn sure Gates did not shot BTC! Grin

Since he is a board member of Berkshire Heathaway, it is not that hard to understand why he would change his mind and talky negatively about BTC. Before 2018 he did even talk positively about it. Buffett probably warned him to keep his mouth shut or talk in a bad way about it.

infarterr

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The two of them have different thoughts about the future of cryptocurrency, and we can't blame either of them because they have their own point of view when it comes to analyzing the future of crypto, but I myself prefer the idea of elon musk.

leea-1334

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Quote from: Traderbtcc on April 27, 2021, 05:38:25 PM

Not my problem, each and everyone has their own views about bitcoin, so both are right to themselves alone, I don't see why I would want to convince someone to see something through my eyes, so no point discuss about their views about bitcoin, even though I know sometimes their views do affect the market I can still care less about what they think about bitcoin.

Quote from: Gayong88 on April 21, 2021, 08:41:57 AM

For me both have their respective views, it's just a different time if Gates at the end of 2018 and Elon Musk now gives such an opinion. nothing to discuss in my opinion. just follow and be prepared with all the possibilities that will happen.

True, there's really nothing to discuss about their respective views about bitcoin,after all its a decentralized space anyone can say what everywever they like.

I can never understand why people get so upset and uptight about differing views. On one hand you have those who spew nonsense every day on Twitter about a different shitcoin every week,,, and probably never even held a real Bitcoin wallet or made a real transaction ever.

On the other you have supposed maximalists who say there is only one way to view BTC.

Both are not wrong, and are not only the truth. Crypto is beautiful for being decentralized,,, truly agree here.

H1N1

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Quote from: ijeb on April 20, 2021, 04:06:28 PM

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

I think Elon was right. In the last few years since bitcoin launch, the price of most top cryptocurrency has increased far from the initial price.
It means cryptocurrency value has increased exponentially indeed. And bitcoin is not a bubble because if it was a bubble, it would already burst and have no value now.

Traderbtcc

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Not my problem, each and everyone has their own views about bitcoin, so both are right to themselves alone, I don't see why I would want to convince someone to see something through my eyes, so no point discuss about their views about bitcoin, even though I know sometimes their views do affect the market I can still care less about what they think about bitcoin.

Quote from: Gayong88 on April 21, 2021, 08:41:57 AM

For me both have their respective views, it's just a different time if Gates at the end of 2018 and Elon Musk now gives such an opinion. nothing to discuss in my opinion. just follow and be prepared with all the possibilities that will happen.

True, there's really nothing to discuss about their respective views about bitcoin,after all its a decentralized space anyone can say what everywever they like.

uneng

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I won't say who is right or wrong, but I couldn't help notice Bill Gates is afraid of bitcoin for some reason. And coincidence or not, exactly on the moment bitcoin was rising exponentially, in other words, in a very optimistic moment for the crypto currency, Gates started badmouthing btc. So I presume he fears bitcoin's sucess and is somehow disturbed by that. That is a predicted behavior from a mainstream giant though.

Bitcoin gives financial freedom, while Gates profits from financial slavery.

isaac_clarke22

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Who's right between Musk and Gates?
For the sake of the market, neither of them are right.
I don't hate these two, but I don't think they have idea how cryptocurrency works at all. It is just media and people making them look like believable or "right".

wxa7115

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Quote from: hoka90 on April 22, 2021, 04:43:54 AM

I think that Bill Gates and Elon Musk have different views and they are smart people. so it's hard to guess who is right between them. better focus on what you know about bitcoin and what the future of Bitcoin is. Continue to dig up information so you can get a lot of money on cryptocurrency investing.

It is very easy to see who is right and who is wrong, both of them are smart people but Elon is not afraid to still stir the waters and try to innovate regardless of what people may think of him, Gates on the other hand is now happy with just being part of the current economy system and will do everything he can to protect his position instead of adapting.

Despite their intellects, this difference in their approach is all the difference between them and the reason one is significantly richer and the other is left in ridicule as bitcoin keeps going up.

cryptoknightt

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I think there is nothing right and wrong, everyone has their point of view from a different point of view. Just like an individual's belief in religion, if they are not sure that's fine. This is a natural thing. We don't know behind the uncertainty he has a plan maybe?
Like bad news about crypto in my country, with that they scare off newbies into selling their crypto assets maybe? and buy at lower price. These are my dirty thoughts.

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