Former CEO of Paypal on CNCB: "Bitcoin is going to 0"

[haroldtee]

Bunch of losers and hypocrites! I pay less attention to these guys because they know the truth, but they are too scared and worried to accept it, let alone blurt it out and would rather prefer to keep their eyes wide shut to what is coming.

It would be a huge blow to them eventually as Bitcoin evolves, and by then, I really want to see where people like him will be hiding their faces in shame.

What they don't understand is that, it would have been better for them to just remain silent over the whole idea that money is evoluting and just accept their fate, but indeed, with it being a threat and the level at which their fiat smoking brain could handle, they would likely prefer to just keep bashing it, not knowing the more they do that, the more they make fool out of themselves.

[pempek19]

Only reason, those who want to buy bitcoin at a cheap price, I am very sure that the amount of fud that happens, will make the public's trust will increase.

Because with free promos from FUD, it will increase the popularity of bitcoin. Which will have an impact on more new investors entering.

[Idrisu]

Let them say whatever they want to said, I will remain bullish.  How can bitcoin fall to zero I don't think this is not possible and I believe that bitcoin is going to go as high as $20,000 by December this year again as it happens last year. I have hold for long I will still keep holding until my target is hit.

[zazarb]

Everything is possible, no one really can know what will happen, but there is many speculation about cryptocurrency. People often try to manipulate other people's self-awareness, by buying a well-known person's speeches. I can not say that this is the case here, but people should be more smarter in some case.

[Yaunfitda]

Everything is possible, no one really can know what will happen, but there is many speculation about cryptocurrency. People often try to manipulate other people's self-awareness, by buying a well-known person's speeches. I can not say that this is the case here, but people should be more smarter in some case.

Exactly. Its really hard to understand why those people will just say non-sense on crypto and even speculate on its demise. Oh wait, crypto is a threat to their business so to eliminate, tell will go on a tirade and attack it on public so that people will take twice about investing. But I'm sure there are a lot of smart investors out there and would just believed what those anti-crypto are saying.

[adam1230]

Paypal's biggest and strongest competitor is bitcoin and other crypto coins.
For myself i am using ethereum for overseas transactions cause its more cheaper and faster then paypal.
This is why Skrill is entered to crypto with Helbiz. Helbizpay is Skrill's crypto solution and will be launch in few months.

[pooya87]

Everything is possible, no one really can know what will happen, but there is many speculation about cryptocurrency. People often try to manipulate other people's self-awareness, by buying a well-known person's speeches. I can not say that this is the case here, but people should be more smarter in some case.

of course anything is possible with bitcoin but when certain people are talking about certain things they are not talking about possibilities they are trying to achieve their own goals. for example the case of Jamie Dimon they wanted to crash the price and buy the bottom at a 30% discount. Paypal dude is obviously worried about his own business since bitcoin is a serious competition for centralized payment systems such as Paypal.

[Kawatan Ug Manok]

This guy is obviously mocking bitcoin and other cryptocurrencies just to provoke that his PayPal is better. Shame on this guy. He is thinking that he can motivate everyone to avoid cryptocurrencies.

[el kaka22]

Lol they wish!
Bitcoin technically can never go to zero. You can't get something for free, that is not "sale" that is "giving". However it is also impossible for bitcoin to go down like that ever because I know that I will buy all the bitcoins in the world if that happens. I know there are a lot of people that feels like me.

The human adaptation grew way over the top for that to happen. Something like that can't happen even if all the governments in the whole world bans even USING bitcoin. Bitcoin can still probably be like 100$ if it was even illegal. I mean there are illegal stuff that is still used in the world bitcoin will just be one of them. Tho lets not get ahead of ourselves, USA is not only supporting it, they also taxes it.

[figmentofmyass]

Bitcoin technically can never go to zero. You can't get something for free, that is not "sale" that is "giving".

if nobody is willing to buy (at any price), i suppose the price is zero.

However it is also impossible for bitcoin to go down like that ever because I know that I will buy all the bitcoins in the world if that happens. I know there are a lot of people that feels like me.

you say that now, but that's because there is an overwhelming faith among so many people that BTC will succeed. what if that faith were shattered? what if the historical long term uptrend breaks down, and hash rate plummets? what if BTC's popularity/usage ends up following a trajectory like early dotcom companies?