[2018-04-13] Nobel Laureate Economist Robert Shiller Calls Bitcoin ‘Sort Of A

[tyz]

Nobel Laureate Economist Robert Shiller Calls Bitcoin ‘Sort Of A Bubble’
Robert Shiller, a Nobel Prize-winning economist, called bitcoin a “sort of bubble,” which is not to say it will burst.
Shiller, the 2013 recipient of the Nobel Prize in Economics for his work in “Trendspotting In Asset Markets,” made his comments on an interview for CNBC.
https://www.ccn.com/economist-robert-shiller-calls-bitcoin-sort-of-a-bubble/

[greeklogos]

Shiller says 'It may be with us for a while' and I am totally agree with him, the first of all nothing on this planet is forever with us and Bitcoin will meet it's end one day for sure, the only point is when?
I am surprised that such, let's say great economists, which intellect and knowledges admitted worldwide, do not invest in any crypto currency; if they are so smart they simply may count the approximately date of Bitcoin's peak and made huge profit on this event with low investment. Can someone explain me why such big brains as Bill Gates, for example, are staying away from crypto currencies and investments in it?

[davis196]

Shiller says 'It may be with us for a while' and I am totally agree with him, the first of all nothing on this planet is forever with us and Bitcoin will meet it's end one day for sure, the only point is when?
I am surprised that such, let's say great economists, which intellect and knowledges admitted worldwide, do not invest in any crypto currency; if they are so smart they simply may count the approximately date of Bitcoin's peak and made huge profit on this event with low investment. Can someone explain me why such big brains as Bill Gates, for example, are staying away from crypto currencies and investments in it?

All the great economists are not rich,which is kinda absurd.
They are just scientists,who explore the economiy and it`s fundamental laws.They don`t invest and they don`t build businesses.Bil Gates stays away from business at all.He`s devoted to charity projects only.
If there wasn`t bitcoins limited total supply,nobody would say that it`s a bubble.It doesn`t matter that bitcoin is a bubble,the only important thing is the value,that BTC brings to all it`s users.

[odolvlobo]

In September, Schiller called Bitcoin "the best example" of a bubble. Now, he calls it "sort of a bubble". In six months, he will say that it might not be a bubble, and by next year, he will have turned around completely.