Mark Cuban

[alyssa85]

the only thing you need to know about articles like this is:
why would someone give advice like this?

it is clearly for his own benefit. you should always look past the obvious words and see what is behind them. when someone is taking out his profit to invest in another shitcoin to earn more, obviously he would advertise the shit out of that shitcoin to earn even more. it is just advertisement.

Ding, ding, ding!

He clearly wants investors to follow him into his new ICO investment, thereby pushing the price up and allowing him to make a nice profit.

[1714856343]

1714856343

[duke944]

If you are paying attention to the ico mania, it's pretty clear that profits for investors have gone to shit while the ico teams are making huge money. This all started with icos a year or so that were cheap in comparison to now that made great gains. Now everyone is chasing those gains and the icos are way over priced. I really don't think this will last much longer, I see the ico bubble popping pretty soon.

[tigershark]

I think that Mark Cuban's case is an interesting one. He thinks that bitcoin is going to crash to the floor but he apparently believes in blockchain technology and he's looking to invest in one of the ICOs coming up very soon if i'm not mistaken.

Now Mark Cuban is probably one of the most accredited and ingenius marketers and investors out there. He has a lot of success with entrepreneurship but i think he is wrong is this matter. Bitcoin is the father of decentralized ledgers., i.e. the blockchain. I don't get why he thinks that for-profit altcoins are better than bitcoin. Sure, they might offer better functionality but you can't beat the real thing. Altcoins are good for making a short term profit but isn't sustainable in the long run, whilst bitcoin is all about the long run and being a store of value. He said that bitcoin price was going to burst out of the bubble as well, but it hasn't evidently. I'm sorry Mr Cuban, you're dead wrong.

He may be trying to influence the price so that it will drop. He may be intentionally giving bad press to Bitcoin because he wants his investment to do better than bitcoin. Either way, his prediction doesn't mean it will be reality.

[thejaytiesto]

Mark Cuban did some killer trades back in the dotnet bubble, then he used his celebrity status to leverage all of his investments and get buzz going. He is overrated for anything that has to do with actual understanding of technology. When it comes to blockchain and bitcoin, I know more than him for sure, and I don't know shit about coding. But the idiots on Wall Street have no idea of what's going on. I can guarantee that if you have been here for a couple of months you already know more about bitcoin and blockchain than anyone on GP Morgan or any of these twitter billionaires.

[Pursuer]

Mark Cuban did some killer trades back in the dotnet bubble, then he used his celebrity status to leverage all of his investments and get buzz going. He is overrated for anything that has to do with actual understanding of technology. When it comes to blockchain and bitcoin, I know more than him for sure, and I don't know shit about coding. But the idiots on Wall Street have no idea of what's going on. I can guarantee that if you have been here for a couple of months you already know more about bitcoin and blockchain than anyone on GP Morgan or any of these twitter billionaires.

you don't have to know about blockchain technology or coding to be able to trade and make profit from the market. and I say these guys know a lot more than you and I about this market but the fact that we see these silly comments from them is because they do it in the hopes that someone follows them so they can take advantage and make more profit.

you can think of it like a more well thought and on bigger scale version of kuwakduck.

[Torque]

Reminds me of the time Max Keiser got the swell idea to invent and back MaxCoin.

True story, look it up. History shows how well that turned out.

CubanaCoin, anyone?

[Febo]

What a fuckwad. He's "calling" for a big bitcoin correction - based on what, his few months looking at crypto and his mad skilz at crypto speculation?
Guess what dumbass, the fact douchebag billionaires like you are finally talking about bitcoin is why it isn't dumping anytime soon.

What is a big correction for you? Tell me?  I am sure small correction for you is way bigger then big correction.  BTC can easily go even to $1000. It will not stay there for long. But can correct.

In general is all in that news. ICOs and Ethereum.

[mrhelpful]

Reminds me of the time Max Keiser got the swell idea to invent and back MaxCoin.

True story, look it up. History shows how well that turned out.

CubanaCoin, anyone?

I`ll only invest in that coin if I get a piece of his venture deals and exit deals which he can return invest more without too much risk.

[Hazir]

Cuban is either trying to undermine bitcoin position to secretly buy more coins for himself.
Or as he said, he thinks that Bitcoin is too expensive for mass buy and will follow another altcoin.
Either way, he is a bigot and hypocrite, suddenly he thinks that he is a great expert on cryptocurrency.
Cuban is hoping that masses of newbies will follow him because they might feel he is some kind of investment guru.

[cafucafucafu]

What a fuckwad. He's "calling" for a big bitcoin correction - based on what, his few months looking at crypto and his mad skilz at crypto speculation?
Guess what dumbass, the fact douchebag billionaires like you are finally talking about bitcoin is why it isn't dumping anytime soon.

Well he is a great investor, you can't deny that.

He owns the Dallas Mavericks which is basically like a few billion dollars in itself. 3.4 billion dollars net worth is definitely no joke here, and i think that it proves he's not completely bullshitting here. Maybe a tiny bit of unnecessary skepticism of bitcoin, but otherwise i agree with him.

The momentum has changed gears since the bull run that essentially ended a month ago. I think the fuel has run out, and we'd have to wait till next halving to see another good pump. It just means more buying opportunities, to be honest. The price might not even go down, though. It might just stabilize at a lower level, like $2300 per coin.

[1Referee]

Well he is a great investor, you can't deny that.

Being a great investor within your own knowledge/industry zone is one thing, thinking that you are an all round master of whatever type of industry, while in reality that isn't the case at all, just shows that he overestimates himself, and is desperately looking for attention. Seriously, look at all the reactions under any article with him as main subject, people go nuts on him, and rightfully so.

The momentum has changed gears since the bull run that essentially ended a month ago. I think the fuel has run out, and we'd have to wait till next halving to see another good pump.

It's not that the fuel has run out, but more that everyone is waiting to see what's going to happen this month in terms of the activation of Segwit. It's very interesting. Segwit2x might activate, BIP 141 might activate (although the chances for this to happen are significantly lower), or we might see Segwit activate through the UASF. I expect some serious volatility in the last week of this month.

[freedomno1]

Cubans a pomperateur a big wig who thinks he knows his stuff cause he made money and is on TV, but doesn't know jack about the industry he is talking about other than his own businesses.
Big wig with a smile I'll see you at the poker table.
Well whatever at least hes in crypto now which is a step forward he can play whatever alt coin dream he wants to reach the market blockchain has big hands for all players the joke being he still needs to convert to Bitcoin to cash out  

Honestly I should just buy some IPO alt coins trust in Irrational Exuberance for blockchain to make me money then put it back in Bitcoin later lol. Using his name as a marketing scam is a classic ponzi but it does pay to get in early if some plebeians bite on branding.
In other words we trust in the crypto bubble before the crash

[Denker]

Cuban knows how much about Bitcoin?! Probably much less than the average news here participating since a few weeks!
Cuban is a talker! Makes some noise due to his achievements of the dotcom and believes everybody is listening to him.
That guy is a joke, in terms of Bitcoin and blockchain, so don't give him any attention what he has to say regarding those topics!

[Barcode_]

He said that bitcoin is a bubble and he was planning to invest in another digital currency which is created by this company named Unikrn, the company will launch the token up for sales in an ICO soon, maybe mark cuban wanted everyone to notice this new ICO token sales, and invest together with him, that is why he said bitcoin is just a bubble 

[ktabb]

What a fuckwad. He's "calling" for a big bitcoin correction - based on what, his few months looking at crypto and his mad skilz at crypto speculation?
Guess what dumbass, the fact douchebag billionaires like you are finally talking about bitcoin is why it isn't dumping anytime soon.

He's calling for a drop because bitcoin is clearly overvalued and anyone with any good investing experience will tell you the same. Mark Cuban is a pretty smart dude... he's a self-made billionaire and he knows a thing or two about investing. That being said, one person's opinion (no matter how smart/experienced they are) is of little value. Still though, bitcoin's price has risen FAR faster than its intrinsic value, which creates a disparity between price and value which cannot be sustained indefinitely. This means bitcoin will have to correct downward eventually to meet up with its real value.

[RoommateAgreement]

bitcoin is clearly overvalued

you still have a very long way to go to be able to beat the kwakduck record my friend. you are just in the early stages of beating him. keep up the good FUD work maybe we award you the second place under kwakduck soon.

[Apollo777]

Who knows what's going behind the scenes. When Carl Ichan had big stake in Apple he was calling it would hit $200/share. At the same time, he was slowly offloading his stake at the $100-130 price range.

[anga3636]

the only thing you need to know about articles like this is:
why would someone give advice like this?

it is clearly for his own benefit. you should always look past the obvious words and see what is behind them. when someone is taking out his profit to invest in another shitcoin to earn more, obviously he would advertise the shit out of that shitcoin to earn even more. it is just advertisement.

Ding, ding, ding!

He clearly wants investors to follow him into his new ICO investment, thereby pushing the price up and allowing him to make a nice profit.

Stamp Cuban is one of the rich individuals who didn't comprehend bitcoin's potential and they never will. Bitcoins best element is that it is decentralized and this causes a few people to have restraining infrastructure over it. Check Cuban's feeling that bitcoin is in an air pocket and it can blast whenever, has been dismissed by most bitcoin clients at this point, and very few individuals are taking it as a genuine thing. Bitcoin's potential has been perceived by the majority of its clients and they trust its inept to quit utilizing bitcoin, bitcoin is the future and to suggest that it has a few blames and will fall in cost is senseless.

[jinksters09]

Typically mark cuban style when he does not understand or don't care something about it instead of shutting his mouth up, he likes putting it in social media if he dislikes probably that's one of his business strategy he does not experience very well the full potential of bitcoin which is why he is turning a blind eye on the evolution of bitcoin in our world today.

[Theb]

Typically mark cuban style when he does not understand or don't care something about it instead of shutting his mouth up, he likes putting it in social media if he dislikes probably that's one of his business strategy he does not experience very well the full potential of bitcoin which is why he is turning a blind eye on the evolution of bitcoin in our world today.

Looking at his prediction now made him look like a guy who does not know what he talking about, as the price of Bitcoin made him its is own words. But we missed something about the news report and that is Mark Cuban is "hyping" another cryptocurrency, usually this is some technique of known individuals which they know that their comments can hurt the market and a certain asset.