Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Henrikbliss on May 18, 2018, 07:30:58 PM
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Jack Ma, founder and executive chair of E-Commerce giant Alibaba has reiterated his stance on bitcoin, saying there is a bubble in the world’s most popular cryptocurrency even as he sounded bullish on the underlying technology, blockchain.
Speaking during the 2nd World Intelligence conference held in Tianjin china, Jack Ma said that he strongly believes that bitcoin is a bubble, but blockchain is not.
Read More: https://news.bitzamp.com/jack-ma-there-is-no-bubble-for-blockchain-but-there-is-for-bitcoin/ (https://news.bitzamp.com/jack-ma-there-is-no-bubble-for-blockchain-but-there-is-for-bitcoin/)
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He was probably forced to say that by the Chinese government, they control Jack Ma and they want to control bitcoin before it can be used in China.
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Jack Ma, founder and executive chair of E-Commerce giant Alibaba has reiterated his stance on bitcoin, saying there is a bubble in the world’s most popular cryptocurrency even as he sounded bullish on the underlying technology, blockchain.
Speaking during the 2nd World Intelligence conference held in Tianjin china, Jack Ma said that he strongly believes that bitcoin is a bubble, but blockchain is not.
Read More: https://news.bitzamp.com/jack-ma-there-is-no-bubble-for-blockchain-but-there-is-for-bitcoin/ (https://news.bitzamp.com/jack-ma-there-is-no-bubble-for-blockchain-but-there-is-for-bitcoin/)
"bitcoin is a bubble" - this was told by the actual founder of the Tron!
Yeah, this guy knows something about bubbling and pumping. :D
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"bitcoin is a bubble" - this was told by the actual founder of the Tron!
Yeah, this guy knows something about bubbling and pumping. :D
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Its well known that Justin Sun is the founder of TRX.. don't know where you got this idea from
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Bitcoin has become a bubble since it began to be used massively as a means of accumulating value, and not for its direct purpose as a means of payment, that is, digital money. Since in most cases they began to buy and hold, hoping to get superprofits because of its appreciation, it actually began to grow artificially in value and at the same time to be pumped up as a financial bubble. At large price values of bitcoin and the manifestation of high volatility, it may be bad for him to end, in these cases, panic can occur and according to the domino effect, bitcoin can fall dramatically in value, down to devaluation.
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I really appreciate the opinion of jack ma, I also think so, we'll see what will jackma do with blockchain technology. :D
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Jack Ma, founder and executive chair of E-Commerce giant Alibaba has reiterated his stance on bitcoin, saying there is a bubble in the world’s most popular cryptocurrency even as he sounded bullish on the underlying technology, blockchain.
Speaking during the 2nd World Intelligence conference held in Tianjin china, Jack Ma said that he strongly believes that bitcoin is a bubble, but blockchain is not.
Read More: https://news.bitzamp.com/jack-ma-there-is-no-bubble-for-blockchain-but-there-is-for-bitcoin/ (https://news.bitzamp.com/jack-ma-there-is-no-bubble-for-blockchain-but-there-is-for-bitcoin/)
Few months ago, Jack Ma visit our country and promoting block-chain technology and today he build his own mining. I think he belies on what block-chain can do in which may contribute in his own business. Imagine, even the banning of exchangers could not stop Jack Ma's vision on the new technology which is rising today and tomorrow.