George Soros From Davos: Bitcoin Is A 'Typical Bubble'

Prepare for the biggest JUSTing in the history of Veeky Forums

forbes.com/sites/gurufocus/2018/01/25/george-soros-from-davos-bitcoin-is-a-typical-bubble/#3692a01229d0

Unload your bags. It's going down

Other urls found in this thread:

theguardian.com/business/2018/jan/25/george-soros-facebook-and-google-are-a-menace-to-society
youtube.com/watch?v=KTf5j9LDObk
businesstech.co.za/news/banking/221365/bitcoin-bubble-wont-have-sharp-break-says-george-soros/
worldnewsdailyreport.com/david-rockefellers-sixth-heart-transplant-successful-at-age-99/
snopes.com/media/notnews/rockefeller.asp
twitter.com/SFWRedditVideos

He wants to buy cheap.

A bubble doesn't mean something can't be profitable - Ray Dalio

Im apparently a brainlet, what does Soros mean by this part
>I expect instead of an abrupt break to have a rather flat top over

If Soros is against bitcoin then it must be truly awesome. I don't doubt there may be a "justing" from his comments but in the long run BTC will win. Soros is old and he is scared of bticoin and unable to understand it.

what a surprise a bunch of old people dont understand new tech

I dont understand why George Soros who is clearly intelligent doesnt understand that you cant print unlimited ETH or BTC. Forking is not the same as printing.

Unless he is intelligent and wants to buy-in low.

Soros is against bitcoin but he likes blockchain tech.
>But the blockchain technology can be put to positive use and we use it actually in helping migrants to communicate with their families and to keep their money safe and carry it with themselves.

>The Jew actively attempting to destroy the West with strong ties to banks and politicians wants to destroy a direct threat to their grip on people's money

Huh, who'd have thought. This decrepit piece of shit needs to die already, how has he not been assassinated yet?

Keep telling this to yourself.
He and his friends crashed the Bank of England. I doubt he's worried about bitcoin.
These guys over there in Davos probably already know more

HOLY FUCK HE HATES FACEBOOK AND GOOGLE TOO KEK.

>George Soros: Facebook and Google a menace to society
>theguardian.com/business/2018/jan/25/george-soros-facebook-and-google-are-a-menace-to-society

How can people take him seriously with his tech predictions?

> migrants carrying money

We also want them to keep all the money governments give them safe... and keep the remittances they send back to their families safe

probably not. Soros is 87 years old. It's unlikely he'll be around much longer. Chances are he's read the articles and been briefed by his friends about how Cryptos are popular with the "alt-right" and these disaffected young men he's been helping to demoralize for years.

He wants to fuck the people that despise him. If his comments can pop bitcoin bubble and people become poor instantly, he gets to chuckle and laugh etc.

But the thing of it is, most of the people with money in bitcoin aren't gonna pull out because of a Soros comment. The people that listen to traditional investors haven't really gotten involved in bitcoin. Maybe they did last year due to the hype, but it's still very nascent.

obligatory btc bubble song youtube.com/watch?v=KTf5j9LDObk

He understands you can't print unlimited bitcoin (ethereum is another matter)
That is why he doesnt like it
He likes things such as Ripple that basically created trillions out of thin air.

back in my day poor people didnt get rich

The absolute madman actually said it lmao.

It's an S curve, the bubble won't pop just stabilize

So the guy that throws billions at antifa thinks getting into crypto is a bad idea? Oh no u guys it's all over! Time to sell all your coins and shut down Veeky Forums

...

NOCOINERS btfo by george soros. Even George soros thinks nocoiner predictions about the bubble popping are absurd.

>Bitcoin bubble won’t have `sharp break’ says George Soros
>“Normally when you have a parabolic curve, eventually it has a very sharp break,” Soros said Thursday. “But in this case, as long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad.”
>businesstech.co.za/news/banking/221365/bitcoin-bubble-wont-have-sharp-break-says-george-soros/

They just trying to fake fud it at the same time as bitcoin futures ending so they can say the marktet panic sold it into oblivion and they arent the ones manupilating it with there derivatives the fuckin lizard kikes

...

That fuck will be round for 10 more years at least. Unlimited heart transplants when rich.

Soros lost a shitton shorting the Dow last year. Who gives a fuck.

>Soros is 87 years old. It's unlikely he'll be around much longer.
nah he'll keep drinking baby blood until the singularity

thank you based dictators!

He hates BTC because it's decentralized and isn't regulated. He's a jewish banker so ofc he's gonna FUD the shit out of it.

Huh it's real, he actually did say that.

Soros is just mad he can't pay for any child sacrifices using Bitcoin.

Fuck this guy. The day he expires will be a joyous day.

>If Soros is against bitcoin then it must be truly awesome. I don't doubt there may be a "justing" from his comments but in the long run BTC will win. Soros is old and he is scared of bticoin and unable to control it.
ftfy

how is he still alive?
I'm pretty sure his face is deceased

This fucking guy.

Praise this women, she delievered satoshis vision at the WEF

Just short it, sell it right now and let the price tank, pick some more up at 8.7k.

Screen cap and send me LTC if it worked!!!

LMLuMjjPWQ9vUrKusHTU7GgUjtw7fyfDmh

>"But the blockchain technology can be put to positive use and we use it actually in helping migrants to communicate with their families and to keep their money safe and carry it with themselves."

>But the blockchain technology can be put to positive use and we use it actually in helping migrants to communicate with their families and to keep their money safe and carry it with themselves."

jesus fucking christ he is the devil.

In his book Soros recommends you taking advantage of bubbles, I wouldn't be surprised if he has a position in BTC.

For what it is bitcoin is a bubble.
To bad when it goes down the whole market goes with it.

Why isnt anyone killing this fucker?

God damn it.

It' so frustrating. I don't even fucking care if BTC crashes to 5000. But why do all the alts go in sats value down also? WTF

all the alts are pumped up to CHASE bitcoin, and to trade and grow their bitcoin stack.

Why the fuck is shit like Jinn and paypie in the millions?

1000+ alts are going to their original value, zero.


you're an idiot to think these million/billion dollar cap coins hold any value.

Hahahahaha I can't help but laugh at this point. This guy just never has enough. I like how he's bullish on BC tech in general, though. Link to the moon.

>all the alts are pumped up to CHASE bitcoin, and to trade and grow their bitcoin stack.
Nah a lot are starting to shift to accumulating ETH now.

>all the alts are pumped to chase Bitcoin
Yeah, not anymore.

He is old, man. Soros can undersatnd very well the old market but not tech.

This fat kike needs the noose

because BTC still hast the most trading pairs and volume, it's sort of the gold standard of the crypto market. at this point it's just a fully automated process, when BTC makes sharp moves, trading bots receive this info instantly and start dumping within a nanosecond.

If you read the quote nothing he says is wrong, and he even acknowledge blockchain has good positive uses.

Topkek

They are crashing this plane with no survivors. Hope you know how to SWIM.

Well he's not wrong

I'm sitting here with my yuros in exchange just waiting to make some money on discount coins

hahah BWHAHAHAHAHAHAH

>fuds it
>buys the dip
jamie dimon already did this, you autistic dimentia-suffering socialist-pushing communal toilet of a human being who fucks everyone that he possibly can over by shorting their country's currency and then using the money to fund civil unrest groups and purchase media companies to spread his cuck fetish while he develops a messiah complex through doing this
jesus christ if people sell this waste of life their coins at a discount just so that he has extra leverage to fucking short the goddamn thing

>because the rulers in those countries will turn to Bitcoin to build a nest egg abroad.

Really Soros? Not the people trying to make something of themselves away from the view of their authoritarian regimes? What the fuck would Dictators be hiding from? Unbelievable level of dishonesty

Woooooo nigger wwoooooooo kike woo nigger lkekike gignejxudnabshdjfkdjdjdhsbsjssjbssnsnssjsndbdbdbdhdhshsshshhsdhdhdixocisjshshdhdhdhdhshshshshshshsshahshhashhashshshsh

I dunno, I definitely sense ETH becoming a bit of a bigger player as decentralized currency gets mainstream adoption. And something like Link

>“Why Bitcoin can’t be a currency” – The Underground Economist | $0.23
>“Why bitcoin will fail” – Apenwarr | $3.12
>“So, That’s the End of Bitcoin Then” – Forbes | $15.15
>“Why Bitcoin Will Fail as a Currency” – The Calculating Investor | $14.01
>“The Bitcoin Is Dying. Whatever.” – Gizmodo Australia | $10.95
>“The Rise and Fall of Bitcoin” – Wired | $2.37
>“Wired, Tired, Expired for 2012: EXPIRED – Bitcoin” – Wired | $13.30
>“Beware of This Insidious New Currency Scam” – Salon | $117.06
>“Game Over, Bitcoin. Where Is The Next Human-based Digital Currency?” – OUI Share | $122.30
>“Bitcoin Sees the Grim Reaper” – NY Mag | $105.70
>“Why Bitcoin will fail” – DailyPaul.com | $105.39
>“The SEC Shows Why Bitcoin Is Doomed” – Bloomberg View | $93.57
>“Bitcoin Is A Joke” – Business Insider | $433.57
>“Bitcoin Will Crash To $10 By Mid-2014” – Business Insider | $887.63
>“An early obituary for bitcoin” – Reuters | $821.79
>"Bitcoin revealed: a Ponzi scheme for redistributing wealth from one libertarian to another” – The Washington Post | $182.00
>“Is this the end of Bitcoin?” – BizNews.com | $228.07
>“Was 2014 The Death March for Bitcoin?” – PYMNTS.com | $315.81
>“Bitcoin is (Nearly) All Dead” – Acton | $325.60
>“Why Bitcoin’s male domination will be its downfall” – Fusion | $235.13
>“Why Apple Pay And Dollars Are Killing Bitcoin” – Forbes | $233.01
>“Performing an Autopsy on the Bitcoin” – The Street | $409.05

>“Dumb Investment Of The Week: Bitcoin Investment Trust” – Seeking Alpha | $408.3
>“R.I.P. Bitcoin. It’s time to move on.” – Washington Post | $382.00
>“Bitcoin Refuses to Just Die Already” – Gizomdo | $1185.01
>“Bitcoin passes $1,000 but only number that matters is zero” – Financial Times | $1034.34
>“Bitcoin is a bubble. It will burst on Monday 12 December 2016” – Linkdin | $771.23
>“The Bitcoin Bros Have Lost” – Deal Breaker | $577.58
>“Bitcoins – Are You Kidding Me?” – Seeking Alpha | $1938.7
>“Bitcoin will never be a financial mainstay” – Finance Feeds | $1,184.47
>“What is a Good Price For Bitcoin and Other Cryptocurrencies? Zero.” – Jonathan Harris | $2262.83
>"Stay away from bitcoin — it’s complete garbage” – MarketWatch | $2345.56
>״Why Investors Should Ignore the Cryptocurrency Hype״ – Investopedia | $2,594.21
>“Bitcoin Just Surged Over $4000 and Is Near Biggest Financial Crash in 400 Years” – The Street | $4061.54
>“Gartman: Avoid the bitcoin boom” – CNBC | $4,046.99
>“A Bitcoin Is Worth $4,000–Why You Probably Should Not Own One” – Forbes | $4,179.97
>“Bitcoin’s price hit $5,000 last week. It’s still a dumb investment” – LATimes | $4,363.02
>“Why China Crushed Bitcoin” – Forbes | $4,450.15
>“Virtual Currencies are Not Money!” – Linkedin | $5,943.06
>“Jamie Dimon says if you’re ‘stupid’ enough to buy bitcoin, you’ll pay the price one day” – CNBC | $5,128.05
>“Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stiglitz Says” – Bloomberg | $9,972.67
>“Time to sell your Bitcoins: Cryptocurrencies success a bubble, Central bankers around the world warn” – Financial Express | $9,096.37

You fucking weak handed faggots. STOP selling!!!!

Listen to him /pol/acks, the EU is our best hope for salvation, an institution that's got not self interest nor ideology at its core but principle, principles guarding the sacredness of peace and love among peoples. You better hope your resentful nationalism doesn't win as we now live in a world which mightn't be able to recover from it. If power is given shackles too strong we'll be slaves forever.

add some dates

I wanted her to tell that bitch on the right off so bad when she started defending fiat.

this is awesome

Taking technical advice from an 87-year-old dude. That is like asking help from my grandma to fix my PC.

worldnewsdailyreport.com/david-rockefellers-sixth-heart-transplant-successful-at-age-99/

He literally is gunning for the destruction of the West.

I mean...shit I'm kind of speechless on how much he wants this.

dip over

thanks

He's all in XLM

his faggot protege son wants in cheap

snopes.com/media/notnews/rockefeller.asp

Fake news, you can fuck right off with that.

Was going to say that.

Idiot, he's has already cashed out together with Goldman.S

He should die already. Walking shit corpse.

>snopes
Seriously?

This

>a man who can destabilize entire countries with currency manipulation
yes he's just an old fool

this is gold, thanks user

The entire crypto market IS a bubble.
Bubbles like these tend to form around a new and undefined market, similar to the dot.com-bubble, no one knew exactly what the market was, or the scope they where dealing with - hence it was difficult to separate what would be a viable concept and what would not be.
Like a secondhand bookstore online, or website where you can buy pet supplies, No one knew the scope of the market, and how the internet would change things..

I am confident that at least some of the coins/tokens floating around, will survive a potential crash and will be at the heart of the digital infrastructure in the future.

This is the guy that lost millions shorting post trump election

RefugeeCoin when?

The enemy of mankind saying that it's a bubble it's a good thing.

>snopes

for those that dont know, hes infamous for crashing entire countries economies.

you better believe if he wants to kill something, he will fucking do it. Hes basically the most evil guy on wallstreet.

prepare for btc apocalypse

sNOpse

Except at this point no single person is liquid enough to crash Bitcoin because that would require investing tens of billions.

Only wall street and tether (if it keeps increasing printing) are enough to crash Bitcoin at this point.

its just not george soros, its george soros and friends, what part about destroying whole country economies you dont understand? its all and his circle of hundreds of ISDA buddies. they're gonna soon need 1 billion tethers a day.

At this point i'm hoping Tether IS a scam, gotta fight the beast with their own games. Keep printing that fake dollah tether, pump this shit up!

"...But it’s nevertheless a bubble typical which is always based on a misunderstanding like the tulip mania. But the blockchain technology can be put to positive use and we use it actually in helping migrants to communicate with their families and to keep their money safe and carry it with themselves."

why is this guy such a big league fag

jews love migrants it seems

yeah, but if he wants to crash crypto world, he has to pump it first.... pump it hard.
and we will all be thankful.

except for all the herd that will buy high later

i dont think this crash is over, we still might sink a little, but if you are not filling your pockets now, then you are the typical "buy high sell low"

always remember, "Be greedy on dips when others are fearful" -Warren BUffalo

Soros will probably die before the day of the rope, let's face it. His son, Alex however...

Sure thing, turbojew. When you're not busy actively funding the destabilization of western civilization, maybe give us bits of your limitless wisdom on how the stock market and the housing market are absolutely not in a massive bubble.

People are going to have a lot more to worry about pretty soon. And that isn't going to be if some digital autism tokens drop in value a bit.

Why won't this old faggot just fucking die already? What is he waiting for? The day of the rope?

I can't disagree with this article, but still, years after years we hear the same about all cryptocurrencies: not currencies, unstable, used by bad guys etc. And nothing seems to change. Also, he might be bit biased. With cryptocurrencies in a world, there is less control for guys like him, so why they should promote it?

Hoping this jewish fucker dies soon

he is uber bear whale he makes his fortune by shorting everything to hell. europe is on the list.

It's called XLM

>not IOTA