Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: l10no on June 29, 2018, 01:08:57 PM



Title: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: l10no on June 29, 2018, 01:08:57 PM
Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.

Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.

https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html

maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29

https://i.imgur.com/ww8vOB3.png

how do you think the crypto traders and crypto investors are responding to this issue?


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: mammon on June 29, 2018, 01:17:16 PM
Jack Ma is an Autistic Fuck who serves the "BIG" Money

Bitcoin is in a bubble?
Right now it is almost impossible to make any money mining BTC,LTC,etc...
So tell me what is left of "the bubble" now?

If this all was in a bubble, everybody who is mining would make serious good money.
Truth is, people are turining of there miners because of losses.

And tada, it's Friday and....  Another Bitcoin dump (like almost every Friday)

There is only one problem now: MANIPULATION



Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Isaythebitcoinbitch on June 29, 2018, 01:25:38 PM
I don't think Bitcoin will come back to 200/300 USD.
but, maybe Jack Ma is right. from 20k to 5.8k in just few months is a clear symptom of a bubble.
it's like dot.com bubble. New really disruptive technologies suffer this...


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: l10no on June 29, 2018, 01:27:41 PM
Jack Ma is an Autistic Fuck who serves the "BIG" Money

Bitcoin is in a bubble?
Right now it is almost impossible to make any money mining BTC,LTC,etc...
So tell me what is left of "the bubble" now?

If this all was in a bubble, everybody who is mining would make serious good money.
Truth is, people are turining of there miners because of losses.

And tada, it's Friday and....  Another Bitcoin dump (like almost every Friday)

There is only one problem now: MANIPULATION



in fact, you have the same thoughts as I think right now, and I know that Jack Ma is also anti-Bitcoin, but he is very enthusiastic about Blockchain technology. but it kept on my mind, because Bitcoin just kept weakening. not just Friday but continues and continues to fall.

manipulation is sure, but the question is, until when will it last? I still hope everything will be okay


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: realcrypto on June 29, 2018, 01:38:01 PM
Saying that blockchain was great but bitcoin is a bubble is an ironical statement. Without bitcoin I do not think blockchain will be as popular as it is today. It is like saying the bank building is better without bankers and financial transactions.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: BrewMaster on June 29, 2018, 01:42:14 PM
i love how the media has literary ran out of FUD to the point that they have succumbed to re-posting old FUDs from months ago. this one in particular has been repeated multiple times. i think every couple of months we see it again.
here it is from May: https://cointelegraph.com/news/e-commerce-giant-alibabas-jack-ma-says-blockchain-is-not-a-bubble-bitcoin-is


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: RodeoX on June 29, 2018, 01:50:22 PM
Oh my God!!! A guy somewhere said something!!! OMG, OMG. 
Oh wait, it's all good. Another guy somewhere else said the opposite, so they have canceled each other out.   :D

Is that how you think the economy works?


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: l10no on June 29, 2018, 02:10:50 PM
so tell me what your opinion is about this, I just need your opinion, because I think worries are normal for everyone, and I need opinions from an experienced person on this subject. and I say it again, maybe this is not a new issue in crypto world, but what's your response about this? because I'm just curious, you guys the pro crypto would be wiser to respond  this issue


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: dalvitka on June 29, 2018, 02:15:48 PM
The rich are saying the truth. Bitcoin is representative of blockchain, it has symbolic meaning as such. Not the best, but it's the best benchmark for pricing other units.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: l10no on June 29, 2018, 02:16:05 PM
Oh my God!!! A guy somewhere said something!!! OMG, OMG. 
Oh wait, it's all good. Another guy somewhere else said the opposite, so they have canceled each other out.   :D

Is that how you think the economy works?

and I think sometimes it works, and it will not work if we do not care what happens, and how do you think should economic growth work on public opinion? I see your rank is quite high, so I think you can explain my question.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: jeni99 on June 29, 2018, 02:17:00 PM
I'm not sure yet with pernyattan jack ma because at the moment and what happens with bitcoin is not a symptom of bubbles but it's just a factor that makes people turn away from bitcoin and it's only temporary.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: darkangel11 on June 29, 2018, 02:20:46 PM
Who are those experts that say it's going to $300? I haven't seen such ridiculous predictions in a long time.
You know what's funny? When BTC was actually hitting 300$ nobody was predicting it. People weren't even looking for the bottom at that time and everybody said "it's dead, fuck it" because they were so tired of 2 year long downtrend, and it still recovered. Now there's much more acceptance and the value of all the BTC businesses combined is higher than the value of all bitcoins at $300. It's simply naive to think that we can go there and if you're willing I can bet you a lot of money that we're not going to go to $300 by 2020 :)


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: l10no on June 29, 2018, 02:36:52 PM
Who are those experts that say it's going to $300? I haven't seen such ridiculous predictions in a long time.
You know what's funny? When BTC was actually hitting 300$ nobody was predicting it. People weren't even looking for the bottom at that time and everybody said "it's dead, fuck it" because they were so tired of 2 year long downtrend, and it still recovered. Now there's much more acceptance and the value of all the BTC businesses combined is higher than the value of all bitcoins at $300. It's simply naive to think that we can go there and if you're willing I can bet you a lot of money that we're not going to go to $300 by 2020 :)

thats quite good buddy, If you ask me who, I just forget it. but I just remember I saw it on internet. but we re here concern about the downtrend of Bitcoin. 300 $ well I do just dont believe it, its only a prediction and my own prediction is the opposite , I believe BTC will rise to 25k at the end of this year.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Malsetid on June 29, 2018, 02:41:58 PM
I've always believed Jack Ma is a smart guy though you can't agree with everything a person says just because you admire their work. The guy admitted prior that we doesn't really know that much about bitcoin yet and probably the information he got were all negative but he has a valid point whether we like it or not. And him indicating that blockchain  is great could mean he's ready to get in to this market as well. Alibaba could very well partner with a crypto.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Vaniaayu on June 29, 2018, 02:51:12 PM
Maybe Jack Ma is a successful businessman and knows about future economic potential, but remember he is not a god who knows everything. besides Jack Ma, there are still many other successful entrepreneurs who have opinions that go against Jack Ma. So what is the core we can take from this? believe in yourself and remain optimistic


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: no0dlepunk on June 29, 2018, 02:51:24 PM
I don't think Bitcoin will come back to 200/300 USD.
but, maybe Jack Ma is right. from 20k to 5.8k in just few months is a clear symptom of a bubble.
it's like dot.com bubble. New really disruptive technologies suffer this...

20k to 5.8k in just few months is NOT a clear symptom of a bubble. Only noobs will think of it this way... in the latter of 2017, bitcoin rockets up from 7k all the way to 19k because some greedy ass hyped it in all forms of media. Try to recall those events and you'll get what am sayin...

Therefore, that " 20k to 5.8k" that you were talkin about is called "corrrrrrection". A huge "corrrection" - whereas the sheep has to sell their btc cheap because they are dumb enough to buy on trend.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Al-e_x on June 29, 2018, 02:59:46 PM
yes, we should be worried about the crypto market condition today, but this condition also does not make us pessimistic. and do not lose our expectations.

it's just a general prediction, anyone can make speculation about bitcoin price, if he says that bitcoin will erupt in the near future, I think it is the wrong prediction.

because now in every corner of the world already know bitcoin.

the spread of bitcoin continues to increase every year, bitcoin only takes longer to get up from this condition.

i think he will only be created the FUD, and make the people panics.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Ozero on June 29, 2018, 03:02:42 PM
We must agree that bitcoin clearly showed signs of a financial bubble when it rose in December last year in its price to the level of $ 20,000. However, he was not scheduled for such behavior. It was designed for its primary use as a means of payment. The greed of people made it primarily a means of accumulating value and therefore bitcoin had to grow in value and become a bubble. However, on the other hand, the nature of the crypto currency has not been fully explored and therefore it is quite difficult to say exactly what is normal for it and what is not.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: wheilcristinna on June 29, 2018, 03:04:54 PM
Well I agree the price was too high for BTC at such early stage. Don't get me wrong, I believe BTC is worth 20k, but not at such huge pump in short term. It has to show it's real potential for rest world to understand BTC is best.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: billbear on June 29, 2018, 03:17:07 PM
Sometimes I am considering the case with bitcoins death, because to be wise enough you need to consider all the options that could ever happen. But I think we would survive.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: malikusama on June 29, 2018, 03:20:55 PM
We assumes every billionaire is a good speaker, they can be good speaker but that doesn't mean they have a profound knowledge of every business or technology. The reason why i am saying that these billionaires don't have any experience related to digital currencies or in technology behind these currencies. What Jack ma said is his assumption, being a crypto lover and having good knowledge about blockchain and bitcoin i completely disagree with what he said.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: airdrop21 on June 29, 2018, 03:24:28 PM
Same thing being said by Warren Buffet I think.
Basiccaly, in investing, the older you get the less risky investments you should take part in. These guys want to avoid the votality of crypto market
I wouldn't declaim that cryptos are all risky. Prices fluctuates 30% in just minutes


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: erickkyut on June 29, 2018, 03:25:06 PM
I don't know what to believe anymore! I wanted to believe that Bitcoin and Altcoins are just experiencing some correction and will soon start a bull run that will give me more peofit in the future but the price keeos on declining. I feel stressed everytime I think about it. I will now set a goal that I will hold my coins till December this year and if nothing haooens by then, I will go away with cryptocurrency for a while and will surely come back after some time.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: AurumService on June 29, 2018, 03:51:14 PM
Quite strange statement but there`s nothing new, there`re a lot of haters but ecurrencies are still on the top.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: FXTradingPro on June 29, 2018, 03:59:45 PM
I think there are times when we get overly concerned by the opinions of those that are well-known business leaders but are not authorities when it comes to cryptos. It is their opinions on something that they don't fully understand or it is a potential threat to one of their businesses. Why do we care what Warren Buffet thinks? The marketplace will determine the success and failure of BTC not talking heads. ::)


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: longwintershere on June 29, 2018, 04:06:20 PM
Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.

Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.

https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html

maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29

https://i.imgur.com/ww8vOB3.png

how do you think the crypto traders and crypto investors are responding to this issue?

if you feel like listening to the experts saying the price will be 300 USD, so go and listen to them, no problem at all. It means you better sell all you have and do not return


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: sublime5447 on July 05, 2018, 02:43:48 PM
It’s natural if Jack Ma said that because he didn’t follow and have Bitcoin, he said it himself that he just warned of the potential bubble. If you look at the price chart, you should be understand why the price can move. See what news affects it, don’t just simply judge that price chart because it just makes you look stupid here.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: livingfree on July 24, 2018, 09:51:22 PM
Here is an analogy and logic. Jack Ma owns a payment method in China and that is Alipay so why on Earth he will praise and commend a potential competitor to his business?

He can like and compliment the technology but the product itself (bitcoin), he just can't.

We may not know on what's on his mind but that's what I can see and why is it that he's totally not into good words about bitcoin.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: abanansah on July 24, 2018, 09:51:52 PM
Jack Ma is just given his opinion and anyone is entitled to his or her opinion. Bitcoin is the great invention that has ever happen and the few downs we have faced recently does not bitcoins a bubble.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: korkor on July 24, 2018, 09:58:31 PM
Jack Ma just don't understand what cryptocurrency is. He is refusing to accept the new revolution to the financial system. People only say negative things about stuff they have either no knowledge or little knowledge about. How can you accept blockchain and say bitcoin is a bubble? He is just confused. 8)


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: lazygin006 on July 24, 2018, 10:24:29 PM
Blockchain technology will probably get adapted by banks eventually I think but the future of Bitcoin will remain unclear because they will probably start something of their own instead.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: vy99 on July 24, 2018, 10:39:05 PM
Jack Ma is an Autistic Fuck who serves the "BIG" Money

This made me laugh so hard  :D


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Nakakapagpabagabag on July 24, 2018, 11:28:07 PM
Here is an analogy and logic. Jack Ma owns a payment method in China and that is Alipay so why on Earth he will praise and commend a potential competitor to his business?

He can like and compliment the technology but the product itself (bitcoin), he just can't.

We may not know on what's on his mind but that's what I can see and why is it that he's totally not into good words about bitcoin.
Yeah! he is not stupid to like great competitor to his alipay. Bitcoin is a great threat to fiat money, because as what we can see now, bitcoin is technology and technology runs our world and its possible that in the near future bitcoin will become great currency than fiat currency. I think that he is just scared that bitcoin might be more valuable than fiat money in the future.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: sunnyevening on July 24, 2018, 11:35:56 PM
I'm pretty sure a lot of people will get triggered about this one and check for its validity. Well, if this is really coming from him, it's another opinion that's against BTC and it's not new at all.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: dimastegar on July 24, 2018, 11:41:02 PM
Bitcoin will always be legit as long as it still has demand from the market. If demand from the market is lost and Bitcoin loses volume, then Bitcoin can experience bubbles.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Roukawa on July 24, 2018, 11:42:05 PM
Blockchain is great and bitcoin is awesome. He is just spreading a FUD news so that he can invest in a low price. What his thought will affect the price of bitcoin? Ignorant people will only follow him. No more reasons for bitcoin to be a bubble thing since it has the highest volume and value in all cryptocurrencies. Bitcoin has foundation and it never be broken.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: lanalang on July 25, 2018, 10:57:23 AM
How can I be that different world wide known economique experts are having so much opposite things to say and to think? It is almost hilarious for me that important guys like them are saying an opposite things about one particular topic.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: kotajikikox on July 25, 2018, 11:11:09 AM
Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.

Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.

https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html

maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29

https://i.imgur.com/ww8vOB3.png

how do you think the crypto traders and crypto investors are responding to this issue?


This article one of the most give negative affect of bitcoin as currency, jack ma trying to destroy bitcoin as currency so thank you to all people strongly supporting the bitcoin even they have more people want to goes bitcoin into the hole. Look at the price now start bouncing so i suggest to all people do not listen to the people want bitcoin goes into die.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: stefy77 on July 25, 2018, 11:13:47 AM
But considering that there can not be one without the other and vice-versa, how can your affirmation stand?


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: daarul50 on July 25, 2018, 11:19:40 AM
Here is an analogy and logic. Jack Ma owns a payment method in China and that is Alipay so why on Earth he will praise and commend a potential competitor to his business?

He can like and compliment the technology but the product itself (bitcoin), he just can't.

We may not know on what's on his mind but that's what I can see and why is it that he's totally not into good words about bitcoin.

Your statement makes a lot of sense, where AliPay is a payment method used by Alibaba.com that we know the company is owned by Jack Ma so maybe he does not want the bitcoin payment method coming in to rival even replace AliPay. It is natural that he praised the blockchain technology because the technology is really very good at data processing but for its products like bitcoin maybe Jack Ma will not accept it because bitcoin might damage the payment method owned by the company.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: livingfree on July 25, 2018, 04:12:36 PM
Here is an analogy and logic. Jack Ma owns a payment method in China and that is Alipay so why on Earth he will praise and commend a potential competitor to his business?

He can like and compliment the technology but the product itself (bitcoin), he just can't.

We may not know on what's on his mind but that's what I can see and why is it that he's totally not into good words about bitcoin.
Yeah! he is not stupid to like great competitor to his alipay. Bitcoin is a great threat to fiat money, because as what we can see now, bitcoin is technology and technology runs our world and its possible that in the near future bitcoin will become great currency than fiat currency. I think that he is just scared that bitcoin might be more valuable than fiat money in the future.
Not only a great threat to fiat money but it's also a threat to his business. If China allowed bitcoin transactions to exist and continue up until now, most of his alipay users will shift to bitcoin.

He is intelligent and he won't tell the people if he's scared of a great competitor because it will lose his customers confidence about him.

Instead of praising and giving good feedback to it, he's just telling something bad just to make it look bad.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: clonely on July 25, 2018, 04:15:42 PM
Some people like Ma, firstly says Bitcoin bubble, evil or something. Then Bitcoin price goes down and they are turning and says Bitcoin will be great. I don't care what they say.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: piterpie on July 25, 2018, 04:20:54 PM
Jack Ma is a famous man in the world but does not mean that Jack Ma's words are true. Agreed with Jack Ma as blockchain is a great technology platform. But Jack Ma is like everyone else and thinks Bitcoin is a bubble. That's the wrong thought of Jack Ma


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: junglist.massive on July 26, 2018, 07:40:32 PM
You are like a media, looking at the Bitcoin chart without mentioning what events are causing it and instead linking it with 'bubble' so the news will be spreaded regardless of FUD in the market. Sorry, but you're not a believer.
And what caused the blockchain technology become famous besides Bitcoin's success? So, is Bitcoin a failure?


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Lovecrafter on July 26, 2018, 08:46:33 PM
I believe that bitcoin after a major fall begins to gain volumes and soon we will see not just a local outgrowth, but a real  to the moon.I hope this happens this year


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Aying on July 26, 2018, 09:11:41 PM
Which is sometimes true but it is alright since it is what the market is showing lately, so I think that he has the basis with what he was saying, knowing him for sure that he knows what he is talking about, at least he believes in blockchain and crypto.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: rasmusen on July 30, 2018, 07:17:48 PM
in my opinion Jack Ma is a very smart guy, but he got access to negative information. And he asked the right question about the fact that we do not know much about bitkoin. But it seems to me that bitcoin will fall and grow again.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Umkar on July 30, 2018, 09:55:25 PM
The technology blockchein in any case is a very revolutionary and useful invention in this age of digital technology. Even those governments that are negative about the crypto currency, all recognize the practical utility of blockchein technology.
As for bitcoin, he shows the properties of a financial bubble only in case of a sharp rise in his value. It is hardly possible now to call bitcoin a bubble at its current cost.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Radio-Active on July 31, 2018, 02:52:10 AM
I think if bitcoin was a bubble, it would burst already but you see that bitcoin still existing with a great value in the market.
Usually, bubble never come back to bubbling after burst, but when bitcoin price falling, it will rise back someday. So, bitcoin = bubble ? No


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: andy_gpu on August 01, 2018, 09:56:30 PM
I think that bitcoin after the fall will start a rapid growth. It will happen soon enough. I think it will exceed the cost of $ 9k.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Baekhyun on August 01, 2018, 10:04:39 PM
Jack Ma is great, but bitcoin is more greater. We cannot deny that bitcoin carries a lot of risk when we enter the market, the prices are increasingly increasing, making many people interested, but all can be in vain if the price falls instantly. I can not comment on this buble , because it might just happen, but I just think positive that bitcoin will continue to improve.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: TRAPPIST1 on August 01, 2018, 10:08:15 PM
Its becoming a pretty common pattern now this year with people in high places that they use the same expressional behavior to spread there bias as there counterparts do.  ::) ::)


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Grayy on August 01, 2018, 10:12:48 PM
Some of these billionaires cannot deal with the fact that the world is moving at a fast pace and bitcoin has become an integral part of the new world. They want to explore bitcoin but reject another technology which has continuously proved how useful blockchain is ?


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: EddyGameta on August 02, 2018, 06:30:09 PM
Who is Jack Ma? He is an entrepreneur, a merchant, he trades and he is smart but unfortunately he is not a financial or an investment expert so the statement he gave should not have any meaningful value as Bill Gates commented on the strategy of the United States war in the Middle East, no relevance.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: williamcastaneda on August 03, 2018, 05:07:38 AM
Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.

Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.

https://www.c[Suspicious link removed]m/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html

maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29

https://i.imgur.com/ww8vOB3.png

how do you think the crypto traders and crypto investors are responding to this issue?
if bitcoin prices break and in the days to come there are a lot of bitcoin enthusiasts coming in then prices can recover and if bitcoin has become a valid digital money in the world then it will not become bubbles again because peminatnya already world and supply bitcoin limited


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: sdipmlrp on August 03, 2018, 05:20:51 AM
Jack Ma doesn't know much about Bitcoin technology. He's probably only suitable for e-commerce shopping sites. We don't have to pay much attention to what he says.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Initscri on August 03, 2018, 05:22:34 AM
To be fair, Bitcoin could be a bubble. It's a high risk investment, which is why I don't look at it as a investment.
I try to look at it more as a method of payment.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Indrawan77 on August 03, 2018, 05:26:04 AM
There are already a lot of investors said and warn that bitcoin is a bubble, but yet they still invest in crypto currencies, so its kind of hypocrite of them to say bitcoin is a bubble, if we take a look closely they just judge bitcoin from the asset side, they never see bitcoin from the currency side, bitcoin is supposed to be a currency when that happen then bitcoin won't be a bubble anymore


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Kakmakr on August 03, 2018, 05:38:41 AM
Someone should write a song with those lyrics, "Bitcoin is a Bubble and Blockchain is the gem" and then they should get these idiots in one room to sing the song over and over and over again. Most of these people, know almost nothing about the technology, but they read somewhere that THE BLOCKCHAIN is good and BITCOIN is bad and now they are repeating this like a mantra.  ::)

The secret to the success of Bitcoin is that the people want a alternative to these private networks, and these Blockchain idiots are totally missing the point.  ::)


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: kl8847 on August 03, 2018, 06:35:09 AM
I am constantly hearing all those bad news about bitcoin and cryptocurrencies in general but as a little child I am having a hope, that everything will recover anyway and despite all oppositions.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Varuj on August 03, 2018, 09:48:09 PM
Bitcoin is a pioneer among crypto-currencies and can not be a bubble. Everything is ahead and modern. Bitcoin will show all his power and moss to the whole world.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Sheentaide on August 08, 2018, 02:57:16 AM
Jack Ma just do not understand what cryptocurrency is. he is refusing to just accept the brand new revolution to the monetary gadget. people only say terrible matters approximately stuff they have got both no expertise or little information approximately. how will you take delivery of blockchain and say bitcoin is a bubble? he is simply careworn.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: MeganJenkins1212 on August 08, 2018, 03:18:59 AM
Perhaps Jack Ma's view on blockchain and bitcoin is correct.
Blockchain provides an online database that allocates encrypted transactions that multiple parties share and that everyone can trust. As a result, blockchain enables comprehensive audit of virtual currency transactions. China has pushed for blockchain application, encouraging businesses and academic institutions to study and use the technology, even though the Chinese authorities continue to forbid first-time virtual money laundering ( ICO) and virtual currency-related activities in the domestic market to prevent financial risk.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: BamBog on August 08, 2018, 06:58:07 AM
Jack Ma is an Autistic Fuck who serves the "BIG" Money
Bitcoin is in a bubble?
Right now it is almost impossible to make any money mining BTC,LTC,etc...
So tell me what is left of "the bubble" now?
If this all was in a bubble, everybody who is mining would make serious good money.
Truth is, people are turining of there miners because of losses.
And tada, it's Friday and....  Another Bitcoin dump (like almost every Friday)
There is only one problem now: MANIPULATION
I likes your opinion. All prices in the market, both crypto market and stock market certainly cannot be separated from manipulation. This is because some people hold lots of assets in large numbers, so they can regulate prices on the market.
I disagree with Bubble's accusation, because basically Bitcoin is something that is offered to become a future digital currency and blockchain is a technology platform that is used to accommodate it, so that mutual support and crpyto progress are nothing but the popularity of Bitcoin as well.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: elygil2022 on August 08, 2018, 07:07:13 AM
Just because Jack Ma became a billionaire, doesn’t mean we have to treat everything he says as gospel truth. Some people just want to have a comfortable life. Bitcoin is helping a lot of people achieve this.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: trimulia on August 08, 2018, 07:37:32 AM
agreed with jack ma that bitcoin is a bubble,but can i know who say bitcoin will return to $300 in 2020?


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: 4builder on August 08, 2018, 07:45:08 AM
Saying that blockchain was great but bitcoin is a bubble is an ironical statement. Without bitcoin I do not think blockchain will be as popular as it is today. It is like saying the bank building is better without bankers and financial transactions.

Absolutely! Totally ironic. I can't believe he really could have said that! Maybe he is one of the whales who tries to manipulate BTC price in order to get certain profit on it?


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: nicster551 on August 08, 2018, 07:52:33 AM
Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.

Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.

https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html

maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29

https://i.imgur.com/ww8vOB3.png

how do you think the crypto traders and crypto investors are responding to this issue?

Maybe he is right and maybe he is wrong, but for sure no matter what happens we should try to take all we want from Bitcoin before it gets to 0.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Barcode_ on August 08, 2018, 07:58:04 AM
I guess it would be funny if he decide to accept bitcoin as a payment method on his e-commerce website Alibaba in the future, it is just a matter of time before more retailers and online merchants starts to accept bitcoin as a payment method, I believe in the future he would surely regret about his comment saying that bitcoin is a bubble.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: boidepzaikhoaito1 on August 08, 2018, 08:34:40 AM
Bitcoin is completely different to the bubbles that have taken place. Jack Ma does not participate in this market and he does not really invest in it. I reassure that he will still have to believe when the 4.0 revolution exploded


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: Veterock on August 08, 2018, 11:37:21 AM
I absolutely agree with Jack Ma and understand his excitement about this


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: drm on August 08, 2018, 11:39:56 AM
I don't think Bitcoin will come back to 200/300 USD.
but, maybe Jack Ma is right. from 20k to 5.8k in just few months is a clear symptom of a bubble.
it's like dot.com bubble. New really disruptive technologies suffer this...


btc has gone through  bigger prices changes than that and has always been fine.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: indayburakday012 on August 19, 2018, 06:21:09 AM
Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.

Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.

https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html

maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29

https://i.imgur.com/ww8vOB3.png

how do you think the crypto traders and crypto investors are responding to this issue?
NO in an interview with Jack Ma on cryptocurrency especially bitcoin noted that he does not know all about bitcoin for he was only interested on digitali centralized currency where his plans is to make every transactions digital. And he had not comment about bitcoin he only says he could not say something to the things he does not know. Definitely Jack Ma is trying avoid bitcoin discussion for he is only promoting his project.


Title: Re: Jack Ma said Blockchain was a great but Bitcoin is A Bubble
Post by: jiniyaakter on September 15, 2018, 01:57:48 PM
It is just a matter of time before more retailers and online merchants starts to accept bitcoin.As a result, blockchain enables comprehensive audit of virtual currency transactions. China has pushed for blockchain application.