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Author Topic: Bankers are starting to worry and hope to see BTC down :)  (Read 102 times)
virtualdn (OP)
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December 17, 2017, 12:30:39 PM
 #1

Just read below, bubbles everywhere  Grin Grin Grin

https://www.forbes.com/sites/modeledbehavior/2017/12/16/why-i-would-bet-against-bitcoin/#b33ba217fe82
https://www.cnbc.com/2017/12/14/bitcoin-may-now-be-the-biggest-financial-bubble-of-all-time.html
https://www.cnbc.com/2017/12/12/what-i-learned-from-owning-bitcoin.html?recirc=taboolainternal
https://www.express.co.uk/finance/city/893104/bitcoin-price-crash-bubble-eric-schiffer-cryptocurrency-investment-risk

1 BTC = 1 BTC
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December 17, 2017, 12:45:05 PM
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Let's be honest. Now nobody knows what bitcoin is. Will it bubble or not. But we all know that the dollar is definitely a bubble. Bitcoin borrows for its existence. Each user contributes to its capitalization. Bitcoin does not rise to inflation due to an infinite issue. The US debt is about 20 trillion dollars. My question is which bubble will burst faster?
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December 17, 2017, 12:52:29 PM
 #3

Pretty much.  It was a bubble when it reached $1 for the first time and it's been a bubble again with every order of magnitude achieved since.  The narrative won't change anytime soon.  But it will when the traditional banking system inevitably collapses under the weight of its own ineptitude, greed and hubris.  Maybe someone wants to start a website, to run alongside the Bitcoin Obituaries one, that details every time someone has dismissed it as a bubble.

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December 17, 2017, 12:54:30 PM
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I don`t want to read all this s*it.The bitcoin haters are screaming more and more.
I see negative news about bitcoin around 20 times per day,surfing the web or watching TV.
Yesterday i heard that the EU is going to regulate all the cryptocurrency exchange plaftorms located in the european countries.Only because bitcoin is a "money laundering,terrorist currency bubble"....




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December 17, 2017, 12:57:24 PM
 #5

Let's be honest. Now nobody knows what bitcoin is. Will it bubble or not. But we all know that the dollar is definitely a bubble. Bitcoin borrows for its existence. Each user contributes to its capitalization. Bitcoin does not rise to inflation due to an infinite issue. The US debt is about 20 trillion dollars. My question is which bubble will burst faster?

How is the dollar a bubble? Because the US government can issue as many dollars as it wishes? Dollar can't be a dollar because it has been the most popular currency around the world for almost a century now, and people recognize its value. It may collapse due to an unsustainable economy or whatever, but it will never burst like a bubble.

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December 17, 2017, 01:11:57 PM
 #6

It's hubris to think the bankers are 'scared' or 'worried' because Bitcoin is 'coming' and 'taking over'.  Get real guys.  Those bankers who are supposedly said to be scared...?  They control everything behind the scenes.  They're part of the top one percent.  They'd rather take everything down with them before some cryptocurrency is taking over.

Bitcoin can't even scale ffs.  Cheesy

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December 17, 2017, 01:24:36 PM
 #7

Let's be honest. Now nobody knows what bitcoin is. Will it bubble or not. But we all know that the dollar is definitely a bubble. Bitcoin borrows for its existence. Each user contributes to its capitalization. Bitcoin does not rise to inflation due to an infinite issue. The US debt is about 20 trillion dollars. My question is which bubble will burst faster?
Why dollar is a babble? Yes, it's base and national gold standard is doubtful, the US technically just stamp as much dollars as they need and the system is actually working for years and everybody like closed their eyes on it. So what if with bitcoin is happening exactly the same thing?! Cheesy
And coming back to the main topic - banks are warning about bitcoin from the beginning of this year it is just became more massive due to unbelievable price for bitcoin.
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December 17, 2017, 02:20:31 PM
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Of course they're concerned- a;; the financial advice they've been providing for years is turning on them! Grin
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December 17, 2017, 02:30:53 PM
 #9


Bankers do not care which course bts / dl, It is important for them that the townsfolk would carry money to the banks, not to the crypto currency.
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