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nkarm1
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October 24, 2017, 02:47:48 PM |
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This is so funny, he is addressing bitcoin as a scam where he himself is being accused of frauds. Clearly based on his statements, this guys knows nothing on how bitcoin works. He is so ignorant about it specially on the wallet thing. The multi million dollars scammer is addressing bitcoin as a scam, a scammer busting something that is not really a scam, the guy is so jealous.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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eduinvestor
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October 24, 2017, 02:49:26 PM |
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Usually they say that to manipullate the market and buy At a lower price. That way they get more profit
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G2z_Riya
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Activity: 217
Merit: 14
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October 24, 2017, 02:51:26 PM |
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Usually they say that to manipullate the market and buy At a lower price. That way the get more profit
That might be the true fact. To make profit these guys used to reveal statements and manipulate as they hold a huge volume of bitcoin. The same develops panic among the users and leads to selling and the same will be used as an opportunity to invest at the lowest price. |
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eternalgloom
Legendary
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Activity: 1792
Merit: 1283
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October 24, 2017, 02:59:27 PM |
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Belfort called Bitcoin a fraud and said that “the biggest problem I see from Bitcoin, and why I would never buy it, is because they can easily steal it from you through hacking. I know people who lost all their money like that.”
Seriously? Easily steal by hacking? how about banks? they also can be hacked through credit cards which often happens today. Jordan Belfort is making a statement about Bitcoin without fully understanding what it is all about, does he know anything about blockchain technology? and why people should listen to this man who have been in prison because of manipulating the stock market, running a penny stock scam and money laundering. The thing is that if your credit card gets hacked, it's usually no problem for the credit card company to reverse the payments. With Bitcoin, it's just impossible and you're relying on the efforts of law enforcement to get your coins back (never happens). I can see why people who have a poor understanding of technology consider Bitcoin to be unsafe. For them it probably is. |
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8Habits
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October 31, 2017, 03:27:46 AM |
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Belfort called Bitcoin a fraud and said that “the biggest problem I see from Bitcoin, and why I would never buy it, is because they can easily steal it from you through hacking. I know people who lost all their money like that.”
Seriously? Easily steal by hacking? how about banks? they also can be hacked through credit cards which often happens today. Jordan Belfort is making a statement about Bitcoin without fully understanding what it is all about, does he know anything about blockchain technology? and why people should listen to this man who have been in prison because of manipulating the stock market, running a penny stock scam and money laundering. The thing is that if your credit card gets hacked, it's usually no problem for the credit card company to reverse the payments. With Bitcoin, it's just impossible and you're relying on the efforts of law enforcement to get your coins back (never happens). I can see why people who have a poor understanding of technology consider Bitcoin to be unsafe. For them it probably is. Make sense. That is why we need to do all efforts to make sure that our bitcoin wallets and all our bitcoin-related transactions must be safe from scammers that are roaming around the web. I was once a victim of fraudster and I have learned my lessons pretty well. |
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snackman
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October 31, 2017, 04:34:13 AM |
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Don't believe what famous people say. Maybe they just wanna get their purpose. If they say something is bad, proprably they had buy "put opinion" before.  |
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pugman
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Activity: 2383
Merit: 1551
dogs are cute.
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October 31, 2017, 05:39:21 AM |
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Wall street idiots don't have a proper knowledge on what bitcoin is, they don't do their damn homework and say whatever bull shit comes to their mind. Don't consider their opinions, consider it as an illiterate dumbass who knows nothing at all about bitcoin trying to explain bitcoin, it's just a waste of time for you.
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8Habits
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October 31, 2017, 07:07:38 AM |
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Wall street idiots don't have a proper knowledge on what bitcoin is, they don't do their damn homework and say whatever bull shit comes to their mind. Don't consider their opinions, consider it as an illiterate dumbass who knows nothing at all about bitcoin trying to explain bitcoin, it's just a waste of time for you.
They may even have hidden agenda - they want to destroy temporarily bitcoin (with in mind that it can recover anytime soon) and then buy bitcoin as much as they can and when the price bounce back, they already have in a pretty good position. |
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kenkoy
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October 31, 2017, 10:46:55 AM |
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This is always expected as another Billionaire throws away negative views on Bitcoin. We can this maybe another FUD to turn the Bitcoin value down as we can see that BTC value today is surging. And they need to take advantage of it.
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Willitivity
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October 31, 2017, 10:59:02 AM |
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It always happens, the price of Bitcoin is currently High, they need a cheap entry point.
This is just a way to shake some weak hands.
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Bastime
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October 31, 2017, 11:03:54 AM |
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Bitcoin doesn't care how many criticisms and critics are there but it doesn't talk like an idiot. It is doing it's job and the value will do the talk. The mainstream are showing supporters and critics about Bitcoin but people will fully understand why Bitcoin is a talk of the world.
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8Habits
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November 13, 2017, 11:36:24 PM |
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Bitcoin doesn't care how many criticisms and critics are there but it doesn't talk like an idiot. It is doing it's job and the value will do the talk. The mainstream are showing supporters and critics about Bitcoin but people will fully understand why Bitcoin is a talk of the world.
Right mate. I also even think that those news against bitcoins are just manipulative ways to dictate the price of that bitcoin on that particular period and when it goes down, big investors will be buying like freenzy and position themselves in a comfortable profit in the following days, months, or years to come. |
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Nerman
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November 13, 2017, 11:43:22 PM |
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He maybe an expert on stocks but he has no knowledge how Bitcoin or blockchain works. He also has a record of taking advantage of people so he is the fraud not Bitcoin. He is likely trying to make the Bitcoin price drop so he can have a nice entry point on Bitcoin. Their strategy are to obvious, bash when the price drops buy.
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8Habits
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November 20, 2017, 11:45:42 PM |
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He maybe an expert on stocks but he has no knowledge how Bitcoin or blockchain works. He also has a record of taking advantage of people so he is the fraud not Bitcoin. He is likely trying to make the Bitcoin price drop so he can have a nice entry point on Bitcoin. Their strategy are to obvious, bash when the price drops buy.
You have it right there mate. I also suspect that he was doing it to bitcoin and with all of these publicities and press releases so that it will affect the price of bitcoin to go down and he can then enter and buy bitcoin at cheaper price. |
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Ingaynnaad
Jr. Member
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Activity: 118
Merit: 1
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November 21, 2017, 12:32:15 AM |
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Most likely he did not buy bitcoin in time and now he regrets
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8Habits
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December 04, 2017, 11:00:44 PM |
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Most likely he did not buy bitcoin in time and now he regrets
If that is the case, yes. This guy is a good investor and a good trading investor and a very skilled trader, they have these skill sets to be able to determine and sometimes "may" manipulate things our so that they can get in in the ideal price position for them. |
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Kingofbitcoin12345
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December 04, 2017, 11:07:30 PM |
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Belford and Dimon has one in common,, no common sense.. It’s a September event that makes the dip to 2800$ when this CEO Jamie make this kind of comment that the intention is obvious,, to make cryptocurrency be destroyed but nothing happened then this Belford agree to this man and said the same thing.. If this was true then this 11000$ price is just an imagination of us,, this is what happen to CEO with self interest.. Insanely hypocrites..
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khaled0111
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Activity: 2506
Merit: 2832
Top Crypto Casino
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December 04, 2017, 11:20:52 PM |
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Belfort called Bitcoin a fraud and said that “the biggest problem I see from Bitcoin, and why I would never buy it, is because they can easily steal it from you through hacking. I know people who lost all their money like that.”
I am sorry but this is not a convincing argument, and I am surprised how the “Wolf of Wall Street” can say something as stupid as that. The best thing to do is to stop listening to these arrogant people. After all? what they say have no impact on bitcoin (no permanent impact). We all remember Jamie Dimon calling bitcoin a fraud, and what happened then!! Bitcoin price upwarded. |
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lenj
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December 04, 2017, 11:32:03 PM |
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Bitcoin does not cares with one person opinion and it cares the positive comment from more orhers.
This is i think very bad trick to make price down and he will try to buy from behind the wall.
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Nilda
Member
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Activity: 336
Merit: 14
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December 05, 2017, 09:57:25 AM |
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Jordan Belfort is just paranoid on what people like him can do a system that is still not government regulated. Take it from a guy who spent time in the joint. But I doubt if he himself will stay away from bitcoins.
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