Jack Ma said Blockchain was a great but Bitcoin is A Bubble

[Varuj]

Bitcoin is a pioneer among crypto-currencies and can not be a bubble. Everything is ahead and modern. Bitcoin will show all his power and moss to the whole world.

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[Sheentaide]

Jack Ma just do not understand what cryptocurrency is. he is refusing to just accept the brand new revolution to the monetary gadget. people only say terrible matters approximately stuff they have got both no expertise or little information approximately. how will you take delivery of blockchain and say bitcoin is a bubble? he is simply careworn.

[MeganJenkins1212]

Perhaps Jack Ma's view on blockchain and bitcoin is correct.
Blockchain provides an online database that allocates encrypted transactions that multiple parties share and that everyone can trust. As a result, blockchain enables comprehensive audit of virtual currency transactions. China has pushed for blockchain application, encouraging businesses and academic institutions to study and use the technology, even though the Chinese authorities continue to forbid first-time virtual money laundering ( ICO) and virtual currency-related activities in the domestic market to prevent financial risk.

[BamBog]

Jack Ma is an Autistic Fuck who serves the "BIG" Money
Bitcoin is in a bubble?
Right now it is almost impossible to make any money mining BTC,LTC,etc...
So tell me what is left of "the bubble" now?
If this all was in a bubble, everybody who is mining would make serious good money.
Truth is, people are turining of there miners because of losses.
And tada, it's Friday and....  Another Bitcoin dump (like almost every Friday)
There is only one problem now: MANIPULATION

I likes your opinion. All prices in the market, both crypto market and stock market certainly cannot be separated from manipulation. This is because some people hold lots of assets in large numbers, so they can regulate prices on the market.
I disagree with Bubble's accusation, because basically Bitcoin is something that is offered to become a future digital currency and blockchain is a technology platform that is used to accommodate it, so that mutual support and crpyto progress are nothing but the popularity of Bitcoin as well.

[elygil2022]

Just because Jack Ma became a billionaire, doesn’t mean we have to treat everything he says as gospel truth. Some people just want to have a comfortable life. Bitcoin is helping a lot of people achieve this.

[trimulia]

agreed with jack ma that bitcoin is a bubble,but can i know who say bitcoin will return to $300 in 2020?

[4builder]

Saying that blockchain was great but bitcoin is a bubble is an ironical statement. Without bitcoin I do not think blockchain will be as popular as it is today. It is like saying the bank building is better without bankers and financial transactions.

Absolutely! Totally ironic. I can't believe he really could have said that! Maybe he is one of the whales who tries to manipulate BTC price in order to get certain profit on it?

[nicster551]

Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.

Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.

https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html

maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29



how do you think the crypto traders and crypto investors are responding to this issue?

Maybe he is right and maybe he is wrong, but for sure no matter what happens we should try to take all we want from Bitcoin before it gets to 0.

[Barcode_]

I guess it would be funny if he decide to accept bitcoin as a payment method on his e-commerce website Alibaba in the future, it is just a matter of time before more retailers and online merchants starts to accept bitcoin as a payment method, I believe in the future he would surely regret about his comment saying that bitcoin is a bubble.

[boidepzaikhoaito1]

Bitcoin is completely different to the bubbles that have taken place. Jack Ma does not participate in this market and he does not really invest in it. I reassure that he will still have to believe when the 4.0 revolution exploded

[Veterock]

I absolutely agree with Jack Ma and understand his excitement about this

[drm]

I don't think Bitcoin will come back to 200/300 USD.
but, maybe Jack Ma is right. from 20k to 5.8k in just few months is a clear symptom of a bubble.
it's like dot.com bubble. New really disruptive technologies suffer this...

btc has gone through  bigger prices changes than that and has always been fine.

[indayburakday012]

Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace.

Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin.

https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.html

maybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected.
BTC chart in june 29

https://i.imgur.com/ww8vOB3.png

how do you think the crypto traders and crypto investors are responding to this issue?

NO in an interview with Jack Ma on cryptocurrency especially bitcoin noted that he does not know all about bitcoin for he was only interested on digitali centralized currency where his plans is to make every transactions digital. And he had not comment about bitcoin he only says he could not say something to the things he does not know. Definitely Jack Ma is trying avoid bitcoin discussion for he is only promoting his project.

[jiniyaakter]

It is just a matter of time before more retailers and online merchants starts to accept bitcoin.As a result, blockchain enables comprehensive audit of virtual currency transactions. China has pushed for blockchain application.