BabyMom (OP)
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January 24, 2018, 09:34:09 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
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avikz
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January 24, 2018, 09:39:31 AM |
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It is just another addition to the list of bitcoin haters. Like bitcoin didn't make sense to Mr. Dick (Lol!!), his statement didn't make sense to me because he called bitcoin a pyramid model. It clearly shows that he doesn't even know a bit about bitcoin. To him, it's probably an alien coin. SO it's better that we ignore his mischievous statement and forgive him. Let him do well in the banking business and I hope he will try to gain some knowledge before he makes another foolish statement about bitcoin.
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Denker
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January 24, 2018, 09:44:37 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
It's a bank. So what do you expect. Bitcoin is probably the biggest threat to them since they exist. And they know this very well! So they will do anything to slow down it's further progress. Bitcoin can't be stopped, if they like it or not. The glorious days of banks as we know them today are going to find an end sooner or later. |
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imapessimist
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January 24, 2018, 09:46:11 AM |
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I think Banks are afraid of Bitcoin because it means less profit for them. And less chance of keeping people's money and paying them hardly any interest. So they get rich on their customers money. So if Bitcoin is a scam then they are bigger ones.
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worldtraveller321
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The Quest of the Best Information to the Solution
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January 24, 2018, 09:46:34 AM |
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yes no matter what, the top bankers, and government people will always be negative, just ignore their comments,
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worldtraveller
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btcgreen63
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January 24, 2018, 09:48:46 AM |
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He's clearly wrong but if the cryptocurrency market is going to stay so unregulated that scams like Bitconnect thrive and make big news when they crash, then the entire industry gets harmed in the process.
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xiaowu55
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January 24, 2018, 09:50:31 AM |
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That's just one more comment on bitcoin that people don't know about bitcoin.
We can completely ignored it, his words may be a little authority in the banking industry, but in the currency of this, he completely don't understand what he said is completely can be regard as a prank
He is a banker, and bitcoin is a rival to the banking industry, and we can assume that he is speaking to his competitors.
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Hui8
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January 24, 2018, 09:52:32 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
So he made a statement with non confidence. He is the only one who states that bitcoin is scam and he is only one who states that he don't understand why bitcoin is not going down. So he has no authority to predict that bitcoin is scam or not. I mean if you don't have any clues regarding its existence then how could you predict it's scam nature or how could you claim that one. So you see that's kind of people who creates bad hype in the market. Better skip such news. |
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mikeprimia
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January 24, 2018, 09:54:48 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
He's just another bitch who doesn't believe in Bitcoin , feeling exciter when the price of Bitcoin is down is a fucking hatred that always shows up at bankers . No wonder about his statement because he already chose his side in the Bitcoin vs Bank war. |
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CaptainKid
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January 24, 2018, 10:15:35 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
What can I say, how many people, so many opinions! No wonder, this is neither the first, nor the last bad news about bitcoin. Capitalization and popularity of bitcoin, speaks for itself, so let them say they want;) |
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maxj57634
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January 24, 2018, 10:22:39 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
What can you expect from them, not much. All CEO of banks all over the world says the same thing over bitcoin. They are obviously against bitcoin ever since it caught the attention of people and investors. I just dont care what they say about bitcoin i still believe in it and will continue to invest and trade. |
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SuperD007
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Treat People How You Would Like To Be Treated.
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January 24, 2018, 10:23:03 AM |
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Well Fargo is part of the biggest scam of the century = The global banking system
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Haiduongbg
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January 24, 2018, 10:34:48 AM |
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Do you believe in scammers? Those bankers scam people, then when many collapsed in 2009 and governments used our tax money to rescue those filthy rich guys
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lienfaye
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January 24, 2018, 10:42:49 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
Well he is a former CEO of Wells Fargo so its just normal for people like him to say such statements simply because they are against of the gaining popularity of bitcoin. They are seeing it as a threat due to some account holders are moving their savings to invest in crypto thinking it was better than let your money sleep in the bank. Haters dont have any good to say for crypto so giving them attention is a waste of time. |
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Wulanayu
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January 24, 2018, 10:44:20 AM |
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He is a bank man of course he really does not like bitcoin because bitcoin is an enemy to them because they know in the presence of bitcoin and if bitcoin appears to the surface then many banks will close.
He talks like that because he does not know what a bitcoin actually he is just a layman who is not knowledgeable about crypto.
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ActiveWizard77
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January 24, 2018, 10:49:43 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
Of course they won't agree with Bitcoin, the cryptocurrency is threatening them so the way it can be solved is to attack directly the reputation of the currency, its obvious they are BANKS and the competition is CRYPTO which is very popular right now. |
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mikeprimia
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January 24, 2018, 12:08:00 PM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
What can you expect from them, not much. All CEO of banks all over the world says the same thing over bitcoin. They are obviously against bitcoin ever since it caught the attention of people and investors. I just dont care what they say about bitcoin i still believe in it and will continue to invest and trade. Yes mate i agree , obviously Bitcoin is the most dangerous enemy with banks so if you're a bitcoin-ers , don't you ever listen to CEO of global banks,they definitely will drag you down . |
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bitfocus
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January 24, 2018, 12:19:52 PM |
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Banks has no reason to talk in favor of Bitcoin, Bitcoin is the Bank Killer!
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BountyX
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January 25, 2018, 01:59:09 AM |
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Well, as soon as you learn how banks are creating money just out of thin air EVERY TIME they give a loan, when you hear statements like this one you can't but start to laugh like crazy  |
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drm
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January 25, 2018, 02:25:55 AM |
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Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
Besides the fact that wells fargo = scam. This guy is 74 years old, don't take advice about crypto from people who do not use and/or understand the underlying technology anyway. |
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