Richest Saudi's Prince Statement

[tramadols]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

maybe it's just a rumor. I do not see news of what you say. but if true, I do not care what he says. bitcoin has been tried by some countries. so I never felt worried

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[BrewMaster]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

maybe it's just a rumor. I do not see news of what you say. but if true, I do not care what he says. bitcoin has been tried by some countries. so I never felt worried

it really doesn't matter if it is true or not.
a lot of different people with different positions and financial status, say a lot of different things about bitcoin. some are for and some are against it. in the end it is up to the reader to decide how full of it they are. and it is not just about those who are speaking against bitcoin, sometimes those talking positive about bitcoin are worse.

[eagleman]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

I can tell anything about him but I won't be saying any bad words to him as I respect him as royalty prince of Saudi. Let's see if it will happen because the CEO of JP Morgan Chase so before that bitcoin is a fraud and then the price followed dramatically but it pumped later on. The same thing can happen but the thing here whoever is the expert or influential person will say anything bad to bitcoin, the price will still be stable and it will have a strong resistance.

[reflector]

You know there is a saying.... "Opinions is like assholes, everyone has one." ... You know people with money, like Jamie

Dimon, think they can force their opinion onto other people and this is where they have it totally wrong. People hate these

"know it all" types.... A lot of these people pay other people to think for them and they just go with that. Bitcoin can fail or it

can go to the Moon, nobody knows.... Trump is President of the USA, who would have figured that? Not the Prince.   

But their figuring on bitcoin will not work at all. Since bitcoin is the decentralized money no one can have a control on it. There are many critics about bitcoin like volatilly, illegal usage and many more but none of the person can do anything to bitcoin.
Decentralized platform is the one of the world's best platform to invest then how bitcoin will be dead and all.
Whether Trump or King salman nothing will be affected to bitcoin.

[Rudsild]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will a significant value on the prices?

maybe it's just a rumor. I do not see news of what you say. but if true, I do not care what he says. bitcoin has been tried by some countries. so I never felt worried

.

https://www.coindesk.com/saudi-prince-al-waleed-bitcoin-going-implode/

Saudi Prince Al-Waleed bin Talal sharply criticized bitcoin during an appearance on CNBC today, saying that he agrees with JPMorgan CEO Jamie Dimon's assessment that the cryptocurrency is a "fraud."

But do not need to worry.

[rafajunior99]

I never thought about what they said about Bitcoin, because the Chinese state that used to be a lot of big investors in Bitcoin, now even bans Bitcoin there, but I see it has no effect on Bitcoin prices, and even Bitcoin prices are rising, Do you believe in the king's news Arabs who do not know much about Bitcoin, they say Bitcoin will collapse, I think it's just nonsense.

[monsanto]

people who are talking about "collapse" and stuff like that about bitcoin want fame. nothing else. they are speculators in the market that also have invested heavily in bitcoin market and are earning a lot of money from it.

it is a safe bet too. not the collapse part, but the drop. you speculate that there has been a very long bull market, then you add all the drama that is upcoming regarding segwit2x (you obviously have to be involved with bitcoin to know these things), and other factors by analyzing the market and start pretending to be Nostradamus.

now if price never drops, you were just another idiot among others and will be forgotten. but you still have your hardware wallet filled with bitcoin, so who cares about what others think of you.

but if it drops you get a log of publicity and start telling everyone "i told you so" even if price never really collapsed and it was just a 20% drop for example
all the while you short the shit out of market and make millions.

Yeah, I think this is part of the motivation.  Keep predicting catastrophe until it happens and then proclaim that you're a genius and get a starring role in "The Big Short" sequel.

[Haunebu]

Why do you care about some prince's words? Many powerful figures have always tried to undermine bitcoin with a hidden agenda. These guys are great at influencing people through their opinions. Stop falling for these traps and believe in the one true king of the crypto world(Bitcoin).

[androidpobeditel]

The opinion of al-Walid is shared by many major financiers and investors. But many also begin to soften their skepticism toward bitcoin. So, the billionaire Mark Kuban, a former bitico-skeptic, advises (the real adventurers) to allocate 10% of their investments to high-risk crypto-currency assets.

[maku]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will have significant value on the prices?

Does that Arabian Price know that most likely during his lifetime global reserves of oil will be probably totally depleted?
Anyway, it is useless to ask people from the establishment bankers, oligarchs, stock traders etc about bitcoin.
They are natural bitcoin enemy - so of course, they would say that BTC is 'not good' or it is a fraud or a bubble, what else can they say?

[milewilda]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will have significant value on the prices?

Does that Arabian Price know that most likely during his lifetime global reserves of oil will be probably totally depleted?
Anyway, it is useless to ask people from the establishment bankers, oligarchs, stock traders etc about bitcoin.
They are natural bitcoin enemy - so of course, they would say that BTC is 'not good' or it is a fraud or a bubble, what else can they say?

They can criticize bitcoin as much as they like but us bitcoin users do really know on whats the goodness of this coin and on other cryptocurrencies too.Its normal to think off that they would do such thing because they do really have the money and influence that they do need which somehow they dont really tend to engage into things which arent recognized by many.

[gentlemand]

The same statement rolled out for the thousandth time by someone who doesn't understand or count. Yawn. At some point the media won't bother reporting this crap. I'm surprised they still do.

[Wingo]

Maybe he doesn't know things about bitcoin, it already survived many obstacles on its way. I believe in bitcoin like many of us who are in this forum, such statement cannot stop bitcoin and the people who supports bitcoin to continue the legacy of bitcoin in the crypto industry, many people especially bill gates already said good things about bitcoin, it is really the future. And also many countries support bitcoin. We need to continue to believe in bitcoin, things like what that prince said won't even matter.

[foxbat]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will have significant value on the prices?

Never believe in what they say. Celebrities always use their reputation to fool others, they are trying to create instability for bitcoin, then seize the opportunity to gain many things from it.

[Ben-carson]

The human mind likes stability. And this can lead to panic in trading. I dont care if people listen and the price plummets 20 percent. Sooner people shall realise its bs and buy back sending the price even higher.

[Basmic]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will have significant value on the prices?

Never believe in what they say. Celebrities always use their reputation to fool others, they are trying to create instability for bitcoin, then seize the opportunity to gain many things from it.

I don't think a man like the Prince of Saudi Arabia will use bitcoins. It seems to me that he has enough money
from the sale of oil to never think about income. He's probably self-interest that bitcoin has not received the big distribution. If bitcoin will devalue the dollar then their fortunes can turn in the paper. Oil is traded on world markets for a dollar.

[bncbnc]

What can you say about Prince  Alwaleed bin Talal of Saudi Arabia's  statement that bitcoin will collapse like Enron? Do you guys think that it will have significant value on the prices?

Does that Arabian Price know that most likely during his lifetime global reserves of oil will be probably totally depleted?
Anyway, it is useless to ask people from the establishment bankers, oligarchs, stock traders etc about bitcoin.
They are natural bitcoin enemy - so of course, they would say that BTC is 'not good' or it is a fraud or a bubble, what else can they say?

They can criticize bitcoin as much as they like but us bitcoin users do really know on whats the goodness of this coin and on other cryptocurrencies too.Its normal to think off that they would do such thing because they do really have the money and influence that they do need which somehow they dont really tend to engage into things which arent recognized by many.

everyone has their own view. but I think that most of the Saudi people are totally depending on their natural resource, they do not know trading and investment expect to export oil to different countries. most of their people stay idol do not do any work, I think they need to find our source of income because it is expected that the oil and gas resource are decreasing from time to time and very soon they can come an end. I think that Saudi price will very soon regret for what he said and will even change their statement in favour of bitcoin.

[mahibul49]

he is another guy like jamie dimon :p
what is block chain???if i ask him this question he will answe what???he has no knowledge abt blockchain technology thats why he can say this kind of statement by the way bitcoin is king

[valucash]

Dear Prince,
The bitcoin train has gone and you are left at the station holding an empty envelope. You never thought that a currency could be initiated by an individual and not the Government and gain a massive appeal. I know that oil is drying up and no one wants to buy! and you are wondering where all the dollars went to, you check coinmarketcap.com . So bitcoin becomes your next enemy. Prince, I can develop a crpto currency for Saudi-Arabia so you can get into the game.
Signed
ValuCash

[senin]

The statement of the Prince of Saudi Arabia will not have any influence on the rate of bitcoin or other crypto-currencies. Everyone understands that he is not a specialist in cryptography and is not even a good financier to listen to his opinion. It's just a private opinion of a famous person.