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Title: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: Ripdon007 on February 26, 2014, 09:05:52 PM who is this joker Richards... he made a total fool outta himself in that interview
https://coinreport.net/richards-deems-bitcoin-fraud-ponzi-scheme/ Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: hilariousandco on February 26, 2014, 09:13:41 PM Quote Would you believe that a shoe maker knows more about fixing clothes than a tailor? Apparently, Bruce Richards of Marathon Asset Management would, as he, who doesn’t know what Bitcoin is, was seen on Bloomberg Television’s “Market Makers” explaining what Bitcoin is and how he feels about it. After seeing the interview, it is clear that Bruce Richards doesn’t know much about Bitcoin. In fact, Richards deems Bitcoin as a fraud, and even a ponzi scheme. Besides spouting out biased and clearly wrong information about Bitcoin, Richards also does not seem to understand what a Ponzi scheme is. Things morons call Bitcoin: Ponzi - check Tullip bulbs - check. A fad - check What an idiot. He really doesn't know what he's talking about. Clearly he's no economist. If Bitcoin is a Ponzi then so is the stock market. I like the female hosts views though. Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: Ripdon007 on February 26, 2014, 10:49:43 PM Quote Would you believe that a shoe maker knows more about fixing clothes than a tailor? Apparently, Bruce Richards of Marathon Asset Management would, as he, who doesn’t know what Bitcoin is, was seen on Bloomberg Television’s “Market Makers” explaining what Bitcoin is and how he feels about it. After seeing the interview, it is clear that Bruce Richards doesn’t know much about Bitcoin. In fact, Richards deems Bitcoin as a fraud, and even a ponzi scheme. Besides spouting out biased and clearly wrong information about Bitcoin, Richards also does not seem to understand what a Ponzi scheme is. Things morons call Bitcoin: Ponzi - check Tullip bulbs - check. A fad - check What an idiot. He really doesn't know what he's talking about. Clearly he's no economist. If Bitcoin is a Ponzi then so is the stock market. I like the female hosts views though. lol i liked how the female host was like how she's gotten to start liking bitcoin.. richard's face was like "wtf bitch?" Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: Unacceptable on February 26, 2014, 11:27:48 PM Wow,he's in charge of a hedgefund ??? WTF is the world coming too ::)
Here's the video: http://www.bloomberg.com/video/bruce-richards-on-bitcoin-housing-market-ukraine-mxggUlf5TH~zd4xwc4ekHA.html/ Bruce Richards, co-founder and chief executive officer of Marathon Asset Management...anyone using these guys for their finances needs their head examined. He can't even speak intelligently & trys using BIG words :D :D Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: seriouscoin on February 27, 2014, 12:04:47 AM Wow,he's in charge of a hedgefund ??? WTF is the world coming too ::) Here's the video: http://www.bloomberg.com/video/bruce-richards-on-bitcoin-housing-market-ukraine-mxggUlf5TH~zd4xwc4ekHA.html/ Bruce Richards, co-founder and chief executive officer of Marathon Asset Management...anyone using these guys for their finances needs their head examined. He can't even speak intelligently & trys using BIG words :D :D Actually avg ppl are deceived completely that hedge fund managers are some financial investment wizards..... They're not. Most of them have inside information on what sectors to invested in. Some even got "scammed" and burst.... however the risks are on their clients. To me, those dickheads are just part of an "VIP" club that control this world. They use money to lobby politicians and make killing while avg persons are working as slaves. Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: bitbouillion on February 27, 2014, 02:34:01 AM Quote ... investment operation that pays returns to its investors from existing capital or new capital paid by new investors, rather than from profit earned by the individual or organization running the operation....[Wikipedia] .... matches any government which runs a deficit. Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: westkybitcoins on February 27, 2014, 04:07:05 AM Yeah, that guy comes off as just an ignorant tool.
He called it a fad, and a fraud, and a ponzi scheme, and said it won't have a place in history. He wasn't even wanting to address the idea of whether the concept of cryptocurrencies might be viable, and might survive Bitcoin. He just wanted to dog on Bitcoin and disparage it as much as possible. In his mind, it's less than used toilet paper. I'm betting not only did the guy make it to where he is through social connections rather than real skill or talent, but that he's incapable of programming a VCR without assistance. https://i.imgur.com/8Hx67l7.jpg Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: Rygon on February 27, 2014, 01:23:30 PM Is it just me, or is this guy drunk? He's having a hard time with words, his eyes look bloodshot, red cheeks, etc. His tie isn't even on right, lol. And people give him money to invest?
Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: hilariousandco on February 27, 2014, 02:06:40 PM Is it just me, or is this guy drunk? He's having a hard time with words, his eyes look bloodshot, red cheeks, etc. His tie isn't even on right, lol. And people give him money to invest? He just doesn't know what he's talking about so finds it difficult to bullshit articulately without just lazily slandering it by comparing it to a ponzi or tulip bulbs etc. Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: Gabi on February 27, 2014, 02:12:58 PM Failometer over 9000
Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: Morbid on February 27, 2014, 04:01:11 PM Wow,he's in charge of a hedgefund ??? WTF is the world coming too ::) Here's the video: http://www.bloomberg.com/video/bruce-richards-on-bitcoin-housing-market-ukraine-mxggUlf5TH~zd4xwc4ekHA.html/ Bruce Richards, co-founder and chief executive officer of Marathon Asset Management...anyone using these guys for their finances needs their head examined. He can't even speak intelligently & trys using BIG words :D :D it seems the video is no longer avaliable.. Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: westkybitcoins on February 28, 2014, 03:20:22 PM Wow,he's in charge of a hedgefund ??? WTF is the world coming too ::) Here's the video: http://www.bloomberg.com/video/bruce-richards-on-bitcoin-housing-market-ukraine-mxggUlf5TH~zd4xwc4ekHA.html/ Bruce Richards, co-founder and chief executive officer of Marathon Asset Management...anyone using these guys for their finances needs their head examined. He can't even speak intelligently & trys using BIG words :D :D it seems the video is no longer avaliable.. Indeed it is not. Someone thought it best to salvage the guy's reputation. Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: guyver on February 28, 2014, 04:14:32 PM lol Is this guy for real
Bruce Richards = Moron when it comes to bitcoin. he should stick to commenting on what he knows and what he doesn't know. The bitcoin community should stamp out this Moron (Bruce Richards) I feel like finding his twitter page as saying sir you is a #Moron when explaining bitcoin Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: Ripdon007 on March 01, 2014, 04:49:03 AM lol Is this guy for real Bruce Richards = Moron when it comes to bitcoin. he should stick to commenting on what he knows and what he doesn't know. The bitcoin community should stamp out this Moron (Bruce Richards) I feel like finding his twitter page as saying sir you is a #Moron when explaining bitcoin the guy did nothing but make a total fool outta himself in front of the world lol Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: bitfromit on March 01, 2014, 07:28:39 AM lol Is this guy for real Bruce Richards = Moron when it comes to bitcoin. he should stick to commenting on what he knows and what he doesn't know. The bitcoin community should stamp out this Moron (Bruce Richards) I feel like finding his twitter page as saying sir you is a #Moron when explaining bitcoin the guy did nothing but make a total fool outta himself in front of the world lol hmmm video is back http://www.bloomberg.com/video/bruce-richards-on-bitcoin-housing-market-ukraine-mxggUlf5TH~zd4xwc4ekHA.html/ The lady gets it though.... Title: Re: [2014-02-26] Bruce Richards Deems Bitcoin a Fraud and Ponzi Scheme Post by: toxique on March 01, 2014, 09:36:02 AM There are a lot of other "Richards" who are making total fools outta themselfs. hundreds interviews are awful
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