Mark Cuban

[duke944]

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.

[1714798677]

1714798677

[1714798677]

1714798677

[1714798677]

1714798677

[1714798677]

1714798677

[1714798677]

1714798677

[NoBit]

Can you perhaps provide a source?

[duke944]

I suppose, since you are too lazy to google Mark Cuban Bitcoin 
http://www.cnbc.com/2017/06/29/mark-cuban-who-just-called-bitcoin-a-bubble-says-he-plans-to-invest-in-another-digital-coin.html

[Torque]

Mark Cuban is the typical investor who didn't see Bitcoin's potential long ago, thinks he somehow missed getting in early, and now wants to look at some shit ICO that he can corner like 80% of the 'tokens' market (so if it supposedly soars, he wins big).

An arrogant and stupid attitude from a typical Narcissist investor. I'd wager that whatever shitcoin ICO he puts money into will be a faded memory 3 years from now, meanwhile Bitcoin will still be thriving and at another 3X or 4X by then.

He doesn't get it, Bitcoin is not like some new fintech company that you can become a ground floor investor in only to sell it off when it 'IPOs'. It's like internet Gold 2.0, and it's for everyone now, and into the future.

[FiendCoin]

Cuban got lucky with the dotcom bubble and now thinks he knows everything 

[topper26]

Major DB no one cares about his thoughts regarding bitcoin

[Yuuto]

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.

[sinner]

sour grapes.   

[Jherek]

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.

That guy pretty much hates bitcoin but seems to think that new coins distributed in the form of ICOs is the future of cryptocurrencies. He even invested in one himself or at least have announced a plan to do so. I don't know his reasoning behind this but he is DEAD WRONG.

If bitcoin does not take off then no other altcoin will. Because bitcoin is the face of cryptocurrencies, and the most decentralized out of all the cryptocurrencies. All the other altcoins have some sort of founder that is actively controlling everything but bitcoin's founder have left long ago.

It's at his loss though, i don't know why he would be so stupid yet have billions of dollars and several successful businesses.

[digaran]

I guess I'm too lazy to google him but nevertheless I don't care what others say or think about Bitcoin, all I care is the current price and the future price.
Nothing else matters that much. for a week now price is some how stable which is a good sign if you ask me, maybe he's mad because he can't simply earn profit by usual pumps and dumps?

[tapunan]

If you're looking at this from an idealistic point of view then yes, Mark Cuban is  making a mistake backing ICOs.

But looking at this as a businessman, at a time when people are crazily throwing money at ICOs - he's very smart. Yeah, whatever ICO he backs might disappear in 3-4 years time .. by that time - Mark Cuban probably would've profited already and won't care - he'll probably be in some other business earning more money.

This was how he got rich, getting a business for low and selling it high.

[tokeweed]

I suppose, since you are too lazy to google Mark Cuban Bitcoin  
http://www.cnbc.com/2017/06/29/mark-cuban-who-just-called-bitcoin-a-bubble-says-he-plans-to-invest-in-another-digital-coin.html

Lol.  What a troll.  He says one thing and does another thing.  And that 'other thing' will be an even bigger bubble, playing on the ignorance and the emotions of the stupid in the cryptocurrency community.  This space has gone to sh*t.  I wonder which ones will be left after the mania has gone.

[agustina2]

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.

Nothing really cares. There are other influential and big names in the world of cryptocurrency. Who is Cuban anyway in the world like that? He doesn't even able to create a FUD or panic with just his words.

Better he focused on rebuilding his Mavericks roster as he is the one to blame why their championship lineup destroyed.

[yugyug]

some genius inverstors like warren buffett said long before that bitcoin is going nowhere and may burst like bubble , i guess imo he said that 3 years ago where the btc price was <300 usd, but look today btc is almst folding ten times compared to the last price 3 years ago. who's talking now mr. genius ?

[sukiho]

what these sort of people dont understand is that the btc isnt just used as speculation to buy and sell fiat, altho its very nature makes it ideal for that. the exchanges dont control its value, they reflect it. its different for the altcoins altho some of them have value because they are easy to mine

[timerland]

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.

It's possible but i don't think that he is looking at it rationally.

As others have stated, he seems to be interested in ICOs and think that altcoins will overtake bitcoin in the long run. In my opinion this can't be farther from the truth, as altcoins are for-profit companies that need to provide good results for their angel investors and their founders.

I'm going to use a slightly older pic but here:



And that's when bitcoin dominance was still above 50%! Now it's only 40% ish. It's either that bitcoin is going to go up, altcoins stabilize/go down or bitcoin and altcoins both go down but altcoins go down especially fast. Either way, Mark is wrong in his prediction.

[talkbitcoin]

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.

any idiot knows bitcoin is what everyone comes back to. and ever since the bubble of altcoins popped all the money is coming back to bitcoin. apart from a couple that weren't in a bubble and now are getting into in.

and you know, articles like these are more like a gamble. we all know there is chance of Aug 1 drama causing some drop and also we all know there is chance of Aug 1 leading to a bigger rise.
so you flip a coin and write an article. if it comes true you are going to say "i told you so, i am good at this, blah blah"! and if it doesn't come true, you just simply say "bitcoin is unpredictable"!

[magneto]

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.

Bitcoin correction could well come, personally i do think that one day or another we will see a pretty major correction, but it won't break the $2000 floor. However what disturbs me is that he's trying to sell the idea of a bitcoin collapse to people that don't know about bitcoin, spread FUD about bitcoin by using his publicity and thousands of twitter followers. He obviously is quite a progressive guy so not sure why he hates bitcoin so much.

And he seems to have changed his mind about cryptos after all? He is investing in an ICO IIRC, not sure which project though. Why would be invest in an altcoin, when he hates bitcoin?

Don't trust anyone that changes their mind, tells one thing and does another either... Lol.

[Arcteryx]

Watch what happens when a know it all puts their hat into the ring.
It will revert back to where it was less then two years ago back at $650-700 per coin.
This is what happens when you try and wrangle in a wild horse like bitcoin has always been.
You get the rear end of the horse straight to your face. No matter how smart and tech savvy you think you are.
Bitcoin prefers to stay wild and free and not tried to be cornered in the market amoing all the others.

[Sniper44]

Bitcoin correction could well come, personally i do think that one day or another we will see a pretty major correction, but it won't break the $2000 floor.

a price correction doesn't wait around for a couple of months before happening! it happens as soon as possible, when price is high. and it actually happened when price was $2980 and it fell in a couple of steps and down to as low as $2100 and this wild correction is now over.

now it is time for consolidation. and anyone who is waiting for a new correction or calls bitcoin a bubble and things like that, are not familiar with anything.

[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.

[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.