Fake News

It's express dot co dot uk supposed to be like The Onion or are they serious? Their economic "expert" is named Shiller and this is a quote:
>Mr Shiller questioned the cryptocurrency, claiming he “doesn’t know what to make of bitcoin ultimately”.
The problem with satire like this is that Google has it as the first "news" result when you search for "btc value". Normies aren't going to be able to tell this is fake news.

When the media is overwhelmingly telling you to NOT do something, its generally wise to do the exact opposite.

Media has been shilling FOR some of the top alts and BTC though

Meh, I rather go with the bubble lasting a hundred years.

>Half of media is shilling for crypto
>Other half shilling against

It's a no win scenario

Ripple when it was on the rise and BTC before futures shorting became available.
Now the media is talking about how dangerous volatility is and how it "may or may not" last. Just sensationalism rather than anything with actual merit.

>And here with us today we have Loony Larry, the towns most well known Conspiracy Guru saying the Federal Reserve hires ALIENS planning Earths Destruction and how we should buy BITCOIN to combat this. Is that right Larry?

They are trying to scare normies away. Lure them in and then hit them. Look at CNBC and their Ripple shilling, then spreading the Korea FUD.
They are trying psychological warfare on the normies to make them avoid cryptos.

>Doesn't know who nobel prize winning Robert Shiller is.

Guy basically predicted the housing bubble crash before anyone else and has a nobel prize in economics.
Do any of you fools actually believe you know more than he does?

>nobel prize in economics
You could have just as well said that he's won an Oscar. The Nobel prize in economics, and also other social sciences, has only been given to retards since the beginning of the 2000s.

>It's express dot co dot uk supposed to be like The Onion or are they serious?
The Express is a tabloid newspaper. It might not have the highest journalistic stanadards but its not satire.

Eerily similar to TA, it could go up but it could go down.

>literally named shiller
>bubble might collapse
>or last 100 years


The fuck, why doesn’t he just stfu

The Express is literally the least respected daily newspaper in the UK. They were the inventors of click bait in newspaper form. Since 1997 about 75% of their front page headlines have been about Princess Diana. The rest about the record cold/hot winter/summer that's coming. British press is untrustworthy in general but these are the absolute worst

>Normies aren't going to be able to tell this is fake news.
The normies that read the express aren't buying bitcoin. Ignore this rag.

>Federal Reserve hires ALIENS planning Earths Destruction
Implying they don't

A shit ton of people predicted that. It was obvious. Bitcoin predictions are always based on nothing and then they apply it to all crypto.

So are these his two only options? This is so fucking arbitrary, what the hell

daily reminder that there literally is no Nobel prize for economics

>it's either going to work or it won't

10/10 prediction

Doctor: "You're either going to die Young or live to be an old man."

Pretty sure there is or are you trolling?

>It's express dot co dot uk supposed to be like The Onion or are they serious?
They're the newspaper that shilled hard for Brexit and still claims it will be a success despite all the evidence pointing the other way.
The Sun is a more reliable publication.

>Mr Schiller
Fucking lost it

>if you invest in crypto it could end really badly or really well or somewhere in between
>nobel prize btw

Remember, economics is mostly an empty study with very little concrete, actionable substance. Economists like to make predictions such as this one by shiller (a yale cunt btw, make of that what you want). "It might collapse tomorrow or last a thousand years". Shiller could issue a similar statement about the colour of grass. You could run a simple volatility forecast with garch or similar and arrive at the same conclusion, seeing as forecasted volatility is somewhere in the 100% range. What the shillers are forgetting is that traditional "bubble poppers" are absent here. No barriers to entry, no wages or salaries to pay, no localized risk, no employees to account for, no shareholders to report to. Assuming an irrational market is gonna turn rational just because of higher and higher prices is the wrong assumption to make.