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Author Topic: Who is wrong?  (Read 924 times)
FloridaKid
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April 22, 2021, 12:56:21 PM
 #41

They are both right if you ask me, we need to play safe in crypto space and always try as much as possible to always stay right between ups and downs, I smell nothing but massive greed in this present bull season just because institutions are investing in bitcoin, yes crypto is getting more popular but the air is fill with greed right now, watch yourselves and avoid getting burnt

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April 22, 2021, 01:12:10 PM
 #42

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Gates literally said that he would short the exact bottom. Obviously he didn't understand that Bitcoin was ready for massive growth and that it is not being used as currency anymore. Bitcoin has evolved in an asset that is not to be used for small payments, and may evolve even further in a bigger asset only to be used for settlements of international trade. It is a macro asset that can be used in government scale and industries.
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April 22, 2021, 01:39:00 PM
 #43

Everyone has its right to have an opinion on any thing thats happening. I believe the lack of knowledge on Bill Gates when it comes to cryptocurrency is what makes him doubt about BTC meanwhile Elon saw the potential of this revolutionary technology and he promotes it.
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April 22, 2021, 01:51:21 PM
 #44

who is right and who is wrong is not important. currently the development of bitcoin in particular and other cryptos is in a good trend. although changes occur due to several famous people. they have their own opinion but more importantly let's ask ourselves what we got ?? I personally am really grateful and there are still many things we can do
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April 22, 2021, 02:12:13 PM
 #45

Both of them are right because they have their opinion about bitcoin. They have money to do anything they want, but they do not know what will happen with bitcoin, but in the long-term, bitcoin can increase higher and the price will be more than the price now.
It's there point of views which whatever it is there's no wrong about it, The matter here is how deeper they'll be willing to undergo and follow

this industry, Musk up to this point continue to cast his support and we see the impacts.

Quote
We do not have to follow what they say because I think they will have their own reason to say like that and we do not know if they have their plan on bitcoin. Both of them want to attract more investors to join bitcoin and maybe that can help bitcoin grow in the future.
Yes, we should have our own view and our own assessment, it saves our ass not to rely with anyone but with our own understanding.

Quote
Bitcoin needs people like them to grow the popularity and maybe the government will accept bitcoin soon. But once again, let them say anything about bitcoin while we must do our best to make money.
With known personalities, it adds up more people to see the potentials, it attracts more people if they've seen those known names are

already following and supporting this investment currency.
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April 22, 2021, 02:25:35 PM
 #46

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.
Try to ask them for sure that they all stand correct in what they say. It may be too bad to say who is right and who is wrong because that is their individual's opinion and that remains respected no matter if that is nonsense or not.

These two people are known to us especially when talking about business and definitely have a huge experience. But among the two, it was Elon Musk feels an interest in this and appreciate crypto. But probably, Gates has the openness to reconcile what he saw about Bitcoin and it possible he will also adopt Bitcoin in the near future.

R


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April 22, 2021, 02:30:44 PM
 #47

as investors work on customs with tasks of anchoring different use with returns as supports might helps to confirm decision on invest that more on confronting ideas with expert and other trader gives of convergence to dispose bias on traders opinion as leading of option.

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April 22, 2021, 02:35:45 PM
 #48

who is right and who is wrong is not important. currently the development of bitcoin in particular and other cryptos is in a good trend. although changes occur due to several famous people. they have their own opinion but more importantly let's ask ourselves what we got ?? I personally am really grateful and there are still many things we can do
whatever they do all come back to the market's response.
when the market responds to one of them then we certainly know how the impact will be on crypto assets in the market.
it all depends on how we respond to what they say. we can follow one or we can also follow both. because they are also in different momentum.

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April 23, 2021, 05:11:14 AM
 #49

Both of them are right because they have their opinion about bitcoin. They have money to do anything they want, but they do not know what will happen with bitcoin, but in the long-term, bitcoin can increase higher and the price will be more than the price now.
It's there point of views which whatever it is there's no wrong about it, The matter here is how deeper they'll be willing to undergo and follow

this industry, Musk up to this point continue to cast his support and we see the impacts.
The fact is the impacts will only up and down if one of those people gives their statements about bitcoin, which will indirectly impact the market. So far, we already see what Musk did had a big impact on the market, especially Dogecoin. So there is a chance for Musk to tweet to the other coin in the future or soon.

We do not have to follow what they say because I think they will have their own reason to say like that and we do not know if they have their plan on bitcoin. Both of them want to attract more investors to join bitcoin and maybe that can help bitcoin grow in the future.
Yes, we should have our own view and our own assessment, it saves our ass not to rely with anyone but with our own understanding.
That is why we always suggest people research what they want to know and not just believe other people. That will be too risky if we just rely on them without searching for more info because we can get into a scam, which is the biggest risk that we will get.

Bitcoin needs people like them to grow the popularity and maybe the government will accept bitcoin soon. But once again, let them say anything about bitcoin while we must do our best to make money.
With known personalities, it adds up more people to see the potentials, it attracts more people if they've seen those known names are

already following and supporting this investment currency.
It seems the big name of those people can convince the public, especially people who do not know much about bitcoin, to follow to invest in bitcoin. But if they do not search for more about how to invest in bitcoin with the right, they will stress to see the price fluctuated.



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April 23, 2021, 05:25:44 AM
 #50

who is right and who is wrong is not important. currently the development of bitcoin in particular and other cryptos is in a good trend. although changes occur due to several famous people. they have their own opinion but more importantly let's ask ourselves what we got ?? I personally am really grateful and there are still many things we can do
whatever they do all come back to the market's response.
when the market responds to one of them then we certainly know how the impact will be on crypto assets in the market.
it all depends on how we respond to what they say. we can follow one or we can also follow both. because they are also in different momentum.
Markets aren't usually confined to one place and Bill Gates and Ellen Musk can't explain its exact situation about crypto usually rises to the top based on its demand no one can control the price of cryptocurrencies. It is better to do market research yourself to understand the exact situation of the market so that the situation of the currencies can be understood.
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April 23, 2021, 05:27:14 AM
 #51

It has been carried by their own opinion, two different opinions. They have been in the business field where we suppose to think that they are more knowledgeable than us, compared to a normal people.

Of what Gates have said is the thing that he able to see in the future its either be right or wrong. It is just also the same as what Elon did. We find it that they opposing each other and see's that Elon Musk is closer to reality but we can't say that Gates is wrong. We can't prove it now until such time that he accept his losses.
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April 23, 2021, 05:51:09 AM
 #52

A person could be pioneer in technology but eventually can't keep up anymore. Same case with bill gate, doesn't matter what his opinion and he's already out of the business and now doing some philanthropist thingy (cmiiw) which is why he might not really trying to understand what's really up with all these cryptocurrencies hype. While elon on the other hand trying hard to keep up with the technology and he sees potential in crypto for interplanetary transaction, anyone could have their own opinion and in this case right or wrong is relative but I think elon musk just more believable in term of his opinion with cryptocurrencies in general

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April 23, 2021, 06:58:33 AM
 #53

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.
Do you think rich people want you to get rich too? Why would they, they want all the money and power. Do the opposite of what these self appointed "authorities" say.
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April 23, 2021, 09:22:28 AM
 #54

Bitcoin is the people's money and not money created and owned by the capitalist. So it's understandable when big tech boss who understand things start attacking bitcoin and calling it a bubble. It's all ill conceived. The truth has started coming out with reference to the survival of the crypto industry despite all odds. I fear the most for crypto market in 2019, we have survived that era and still doing fantastically well.

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April 23, 2021, 02:44:40 PM
 #55

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.
No ones really right or wrong. It's their own opinion. You may side with Gates or Elon Musk but it does not matter. Your or anyone's vote don't count.
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April 23, 2021, 03:26:31 PM
 #56

who is right and who is wrong is not important. currently the development of bitcoin in particular and other cryptos is in a good trend. although changes occur due to several famous people. they have their own opinion but more importantly let's ask ourselves what we got ?? I personally am really grateful and there are still many things we can do
Being grateful is something everyone should do, and it is also undeniable that the development of Cryptocurrency, especially Bitcoin, has occurred in a very precise period of time because over the last two years Bitcoin has increased gradually with several pumps and also several times correction.

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April 27, 2021, 01:14:01 PM
 #57

They both are from different fields. We all have a different-different perceptions of different things so we all can not think the same way. For Eg. If I am a good forex trader it does not mean that I will be a good crypto trader by default so likewise Gates and Elon both think of the cryptocurrency in a different-different way. We all know BTC is not a bubble we all are in crypto for a long. I believe Elon is already in good profit from BTC and it does not matter what Gates thinks about cryptos So I would say Elon took the smart decision by investing in BTC.

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April 27, 2021, 01:28:25 PM
 #58

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.
I think Bill Gates doesn't want to invest because he's still afraid the bitcoin market can't be controlled by him, and Elon musk because he's testing the bitcoin working system
These two guys can't control the cryptocurrencies market, but with their public influence and fiats in their control they could easily have some percentage of control in the marker. Just that, one among the two is very bold and other fearful to loose his fiats in a wide volatile market like crypto. Elon Musk is the great man with bold mindset toward trying out new things in regard to financials compare to Gates himself.   

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April 27, 2021, 01:29:34 PM
 #59

Both sides are right in their what they think is for Bitcoin and we can't say that there's wrong. One side says that the price may plunge to nothing or it's a bubble, they might be right or the other side says it will never become a bubble like the former firmly believe. Possibilities on both sides are endless.
Yes you're right. I think Bill Gates is not against Bitcoin but give warning that the possibility that the BTC value will be bubble. He's being neutral about his comments and do not own BTC but I just he don't needed another investment. Elon Musk in the other end, fully support BTC and other cryptocurrency and I think it's because of this is his generation, his era and find the endless potential of blockchain. Nothing wrong will both sides. The people using cryptocurrency in the wrong way, is the wrong thing.

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sarmrakib
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April 27, 2021, 01:34:46 PM
 #60

Who's right? Let's discuss.

None is wrong from their own point of view. Just think about those hodlers who bought bitcoin to hodl it for long time, not for the short time and on the other hand, traders are doing trades according to their analysis for short time, not for longer period of time. Samething for Elon and Bill Gates as both of them are have own perspective about bitcoin. Elon musk believes on the long term perspective , in the mean time, Bill Gates might want to short it for quick profits instead of hodling that for longer period of time, IMO.
Yes none of them are wrong they have explained their own thought. From my side elon musk are more ahead on his thinking on the othe hand Bill gates thinking some practical issue for a while. however i think the crypto always ahead by many of our thought though its behave bubble some moment.

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