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Author Topic: Bad news for Bitcoin  (Read 2380 times)
Yassin
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June 04, 2018, 04:33:18 PM
 #61

People's opinions are different, but I think the opinion of "Robert Schiller" is wrong evidence is still there and bitcoin is not a bubble that will explode at the end, because every day there are people who play bitcoin.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 04, 2018, 04:45:09 PM
 #62

I do not discard BTCbitcoinBTC. Some clever people entered into it and into other crypto-currencies. But this story goes far beyond the dignity of the idea itself. It's more of a psychological aspect, not something that the computer research department can explain
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June 04, 2018, 05:05:30 PM
 #63

whether Robert Schiller is not aware, that this technology is growing in the future, scalability can be overcome with lightning network. the security level is also getting tightened, the miner function will also change in the future. I think robert has to participate in the future of bitcoin technology, because the upcoming is the digital economy.
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June 04, 2018, 05:16:17 PM
 #64

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

I'm not saying that BTC is a bubble that can burst. But I still think that Mr Robert Schiller can may be right in part. In the meantime, BTC can only become a currency exchange facility without other features like other currencies.  Huh


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kasemin
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June 04, 2018, 05:20:05 PM
 #65

It could be bad news for Mr. Schiller now that he has put the Nobel Prize-winning reputation on the front line with his statement. His opinion may not be taken seriously by investors longer if he turns out to be wrong. All of these experts should be more careful with what they say, considering several times over the years people have tried to remove Bitcoin. The irony you discover here is that the Nobel Prize winners in Economics over the past decade have consistently supported the theme of emotional influence and irrational behavior in explaining some of the failures of economic prediction models and rational theories. But they can not see Bitcoin without applying their own rational logic and logic.
rokergila01
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June 04, 2018, 05:27:18 PM
 #66

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
let those people say bitcoin is a bubble but we cant deny bitcoin's blockchain will be the future let's see in the future if they can still call it "bubble".

BTC has a value of nearly USD 15,000 (Rp 201 million). Then, at the end of the month, the value of one of the largest cryptocurreny was even fallen to be in the range of USD 8.810 (Rp 118 million). Although it had recovered to be at USD 10,142 (Rp 136 million), but bad luck Bitcoin still continues until early February. Digital currency was once again experienced a slump that forced 1 BTC worth USD 8.568 (Rp 115.1 million). The number was the worst since November 25, 2017, which at that time Bitcoin had touched USD 8.561 (Rp 115 million). Now, Bitcoin's own value is in the range of 8,900 (Rp 119 million), based on data from CoinDesk. The decline in Bitcoin prices is expected to be caused by the new regulation adopted by the South Korean government related to the ban of cryptocurrency in the Ginseng Country. However, South Korean Finance Minister Kim Dong-yeon denied this by saying that the local government only regulates its trade. Not only South Korea, the Philippines and Japan have recently been known to brew the policy to tighten the rules of main cryptocurrency in their respective countries. In addition, Facebook's social networking policies to punish ads that are linked to digital currencies are also seen to play a role in the decline in the value of Bitcoin. In addition, the increasing popularity of other cryptocurrencies such as Ethereum and Ripple attracting people to invest in it is also one of the causes of declining value of Bitcoin, as Nicholas Colas, co-founder of DataTrek Research,
supermine
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June 04, 2018, 05:41:09 PM
 #67

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
There is no expert in the crypto currency field and many people were using their reputation in their field to manipulate the prices because they were got paid by the whales to manipulate.But I don't even know who is that man so I don't need to trust his words while investing on the crypto currencies.If you trust his words then better invest on what he advices to do. Tongue
Aroma92
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June 04, 2018, 05:43:52 PM
 #68

fully agree with his opinion. I'm afraid even that it will not grow to the heights, as it was at the end of 2017.

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June 04, 2018, 05:55:21 PM
 #69

It's bad news but I don't think so because all ready many other people tell it but this is crypto currency no one tell that what's crypto future
DanielJacob
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June 04, 2018, 06:04:57 PM
 #70

there is no news called bad news in the case of bitcoin.
James andrew
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June 04, 2018, 06:18:42 PM
 #71

Everything is possible in crypto  world but my opinion is this isn't possible  because bitcoin future is excellent and there technology is good
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June 04, 2018, 06:26:37 PM
 #72

Bad news for Bitcoin because of although crypto-currencies have been used for five year,the IRS does not recognize them as lagal currency.In march,CNBC reported that the IRS will begin to tax crypto-currencies in the united states  like property.For investors,bitcoins will be treated like other commodities,the IRS said.If they increase in value,you have to pay capital gains taxes after you sell them.If they lose value,you can recognize a capital loss.
HaddenChapman
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June 04, 2018, 06:31:01 PM
 #73

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
all bad and good things possible in cryptocurrency but Bitcoin is the king off cryptocurrency so thats why bitcoin is never let down.
Choyor
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June 04, 2018, 06:35:03 PM
 #74

Opinions and also the views of everyone about Bitcoin will certainly be different, as well as the opinions of experts who should we appreciate their views on the technology of this digital currency. But in fact the Bitcoin still exists despite a lot of bad news about Bitcoin.
Yaunfitda
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June 04, 2018, 06:42:08 PM
 #75

Opinions and also the views of everyone about Bitcoin will certainly be different, as well as the opinions of experts who should we appreciate their views on the technology of this digital currency. But in fact the Bitcoin still exists despite a lot of bad news about Bitcoin.

That's one area of bitcoin market can we can really attest to. How much times we have heard lots of negative or bad news, but it has able to recover and bounce back, that's how bitcoin is, so resilient and so adaptable that it can withstand everything and can recover and bounce back.

@HaddenChapman, Yes, there's always that two side of a flip coin, so no we take the negative news as it is and try to overcome it while a positive news will always that catalyst to move the price even further. We have witness it already so I don't think that bitcoin will just let us down with any negative news that will come our way.

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genlocy
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June 04, 2018, 06:45:17 PM
 #76

Bitcoin create new revolution so it can be happen that one day it will vanished but i think that day is so far from now,so just skip this news and invest in it,if the investor of bitcoin grow bigger than it also can be happen that bitcoin is the only one crypto that will survive in future.
Market-desi
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June 04, 2018, 06:50:06 PM
 #77

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

therefore I strongly agree that bitcoin and other crypto. created in the real world not only in the digital world only. because then people will get more excited to collect bitcoins and other crypto .

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June 04, 2018, 06:56:33 PM
 #78

Wait and see. I still hope that soon there will be as much good news as possible and the course will go up. I would like to see by the end of the year $ 100,000 for Bitcoin

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June 04, 2018, 07:06:32 PM
 #79

yes, maybe it can be said that it is a speculation. it is difficult to guess whether bitcoin will have a good future. it's just maybe he's looking at it economically. the more demand, the more expensive it will be. economics and perhaps he is an economist who sees on the economic side.but for investors in crypto currency, investing in bitcoin because it wants to earn big profits. the reality is that in this one year bitcoin prices have gone up almost $ 20K.

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June 04, 2018, 07:23:35 PM
 #80

I wouldn't care to much into what other people think within this space. What's important is what you believe in (after extensive research - don't just follow others), there's always going to be people who are skeptical of something until proven wrong.
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