Big names warning on bitcoin collapse. "The next Enron"

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  • Snowball
    BARRELED IN @ SBR!
    • 11-15-09
    • 30042

    #1
    Big names warning on bitcoin collapse. "The next Enron"
    Saudi Prince Alwaleed

    Larry Fink

    Jamie Dimon

    something to bear in mind.

    don't fall in love with air.

    betting fluidity only.

    Bitcoin is going to implode, repeating the fate of US energy and commodities giant Enron, Saudi billionaire investor Prince Alwaleed bin Talal said.


    btw don't even try to say you know more and are better connected
    than these guys.

  • krk1030
    SBR Posting Legend
    • 08-13-08
    • 17610

    #2
    I was worried when it was at 2k and I was playing on nitrogen


    Should have stuck with it....
    Comment
    • Otters27
      BARRELED IN @ SBR!
      • 07-14-07
      • 30749

      #3
      That is because bitcoin is a threat to their power. Fiat currency witch can be created with a click of a mouse.

      Fuk the banks and Fed
      Comment
      • MinnesotaFats
        SBR Posting Legend
        • 12-18-10
        • 14758

        #4
        Jordan Belfort too
        Comment
        • Snowball
          BARRELED IN @ SBR!
          • 11-15-09
          • 30042

          #5
          Trump is picking a NEW Fed Chief soon.

          Could be wild.
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388189

            #6
            I love these funny predictions
            Comment
            • gauchojake
              BARRELED IN @ SBR!
              • 09-17-10
              • 34103

              #7
              Ask the Prince's kid - I bet he has a different opinion
              Comment
              • RangeFinder
                SBR Hall of Famer
                • 10-27-16
                • 8041

                #8
                Warren Buffet came out said he would invest everything he owned on it
                Comment
                • shocka1212
                  SBR Posting Legend
                  • 10-06-12
                  • 16788

                  #9
                  Originally posted by RangeFinder
                  Warren Buffet came out said he would invest everything he owned on it
                  source?
                  Comment
                  • PeterJohnson
                    Restricted User
                    • 10-10-17
                    • 908

                    #10
                    And he did are 2 different things. btw i'm a fan of bitcoin.




                    Originally posted by RangeFinder
                    Warren Buffet came out said he would invest everything he owned on it
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388189

                      #11
                      You always have guys trying to make names for themselves with outlandish predictions of course once in a while somebody has it right
                      Comment
                      • Foxx
                        SBR Hall of Famer
                        • 05-25-11
                        • 5825

                        #12
                        Originally posted by Otters27
                        That is because bitcoin is a threat to their power. Fiat currency witch can be created with a click of a mouse.
                        Fuk the banks and Fed
                        That's why they'll kill it if and when they see fit.
                        Comment
                        • DwightShrute
                          SBR Aristocracy
                          • 01-17-09
                          • 102397

                          #13
                          Originally posted by Snowball
                          Saudi Prince Alwaleed

                          Larry Fink

                          Jamie Dimon

                          something to bear in mind.

                          don't fall in love with air.

                          betting fluidity only.

                          Bitcoin is going to implode, repeating the fate of US energy and commodities giant Enron, Saudi billionaire investor Prince Alwaleed bin Talal said.


                          btw don't even try to say you know more and are better connected
                          than these guys.

                          what do you think Snow?

                          Japan recognized bitcoin as currency. You can use it to buy coffee at Starbucks. Online gaming savior for US player especially. I think that its gonna be around forever and might be worth 20,000 in 2020

                          Remember when people said no one wants to buy shit online? Those initial Amazon stocks must look pretty good today.

                          Anyways, who knows. Bill Gates and Richard Brandson think its gonna hit 100,000 per Bitcoin
                          Comment
                          • The Giant
                            SBR Posting Legend
                            • 01-21-12
                            • 21480

                            #14
                            Snowball has been predicting the demise of bitcoin since at least 2013.

                            I'm not very good at this search thing, but he's been on this kick for a while:







                            Comment
                            • JAKEPEAVY21
                              BARRELED IN @ SBR!
                              • 03-11-11
                              • 29221

                              #15
                              meanwhile holders are banking filthy profits
                              Comment
                              • JAKEPEAVY21
                                BARRELED IN @ SBR!
                                • 03-11-11
                                • 29221

                                #16
                                another jealous hater with no skin in the game?
                                Comment
                                • The Giant
                                  SBR Posting Legend
                                  • 01-21-12
                                  • 21480

                                  #17
                                  Originally posted by JAKEPEAVY21
                                  another jealous hater with no skin in the game?
                                  Hmm... I don't think it's jealousy, at least not where Snowball is concerned. He's just a guy that believes the government is out to ruin our lives. Did you know that he was able to figure out NO PLANES hit the towers on 9/11 after watching some YouTube videos? That's our Snowball. Other than that, great guy!
                                  Comment
                                  • ChuckyTheGoat
                                    BARRELED IN @ SBR!
                                    • 04-04-11
                                    • 36765

                                    #18
                                    Jamie Dimon is a documented retard.
                                    Where's the fuckin power box, Carol?
                                    Comment
                                    • Snowball
                                      BARRELED IN @ SBR!
                                      • 11-15-09
                                      • 30042

                                      #19
                                      Originally posted by DwightShrute
                                      what do you think Snow?

                                      Japan recognized bitcoin as currency. You can use it to buy coffee at Starbucks. Online gaming savior for US player especially. I think that its gonna be around forever and might be worth 20,000 in 2020

                                      Remember when people said no one wants to buy shit online? Those initial Amazon stocks must look pretty good today.

                                      Anyways, who knows. Bill Gates and Richard Brandson think its gonna hit 100,000 per Bitcoin
                                      I think it will be dead within 2-3 years
                                      or sooner.
                                      The blockchains will be just a form
                                      of digital processing for e-transactions
                                      in legal currency. US will legalize online
                                      gambling officially. Governments will crack downthe dark web, money laundering and illegal activities. Power outages, hacks, code
                                      intrusions and arrests will make it fall out of favor, as above-board businesses will be forbidden to use and sued to oblivion.
                                      Comment
                                      • d2bets
                                        BARRELED IN @ SBR!
                                        • 08-10-05
                                        • 39990

                                        #20
                                        It feels like a bubble, but maybe this time is different.
                                        Comment
                                        • DroopyDog
                                          SBR MVP
                                          • 11-03-16
                                          • 1255

                                          #21
                                          Everyone said the bubble would burst after it hit $1000

                                          Keep saying it, eventually theyll be right......maybe
                                          Comment
                                          • d2bets
                                            BARRELED IN @ SBR!
                                            • 08-10-05
                                            • 39990

                                            #22
                                            Originally posted by DroopyDog
                                            Everyone said the bubble would burst after it hit $1000

                                            Keep saying it, eventually theyll be right......maybe
                                            Every time there's a bubble it always runs up way past what many thought it would.
                                            Comment
                                            • The Kraken
                                              BARRELED IN @ SBR!
                                              • 12-25-11
                                              • 28917

                                              #23
                                              Impossible to know for sure

                                              A few entities control the entire currency, it benefits them for the currency to remain solvent as they can continue to benefit financially at the expense of others
                                              Comment
                                              • RudyRuetigger
                                                SBR Aristocracy
                                                • 08-24-10
                                                • 65086

                                                #24
                                                oh man I love this guy snowball
                                                Comment
                                                • grease lightnin
                                                  SBR Posting Legend
                                                  • 10-01-12
                                                  • 16015

                                                  #25
                                                  Comment
                                                  • grease lightnin
                                                    SBR Posting Legend
                                                    • 10-01-12
                                                    • 16015

                                                    #26
                                                    Warren Buffett is a value investor. Value Investing is antithetical to something like bitcoin.

                                                    Dimon and Fink said it’s a bubble because it only serves provide a medium for illegitimate transactions. Duh
                                                    Comment
                                                    • Lenny Zefflin
                                                      SBR High Roller
                                                      • 08-17-17
                                                      • 130

                                                      #27
                                                      Originally posted by RangeFinder
                                                      Warren Buffet came out said he would invest everything he owned on it
                                                      More like he invested 1% of his portfolio in it as part of his high risk investments.
                                                      Comment
                                                      • Mac4Lyfe
                                                        SBR Aristocracy
                                                        • 01-04-09
                                                        • 48359

                                                        #28
                                                        Dimon is a market manipulator. Don't trust him as far as you can throw him.

                                                        Bitcoin is here forever. You can't put the cat back into the bag. Yes, it is a good way to wash money but there's a shit load of legal ways to use bitcoin as well. It is not just for the nefarious.
                                                        Comment
                                                        • eidolon
                                                          SBR Hall of Famer
                                                          • 01-02-08
                                                          • 9531

                                                          #29
                                                          Originally posted by JAKEPEAVY21
                                                          meanwhile holders are banking filthy profits
                                                          Ain't that the truth. I remember when it was $200 and I thought it was going to go down to $100 Never happened.
                                                          Have some invested, but damn I sure was wrong about that.
                                                          Comment
                                                          • eidolon
                                                            SBR Hall of Famer
                                                            • 01-02-08
                                                            • 9531

                                                            #30
                                                            You think the new $100 billion dollars that has been invested this year in cryptocurrency is going to disappear? I think there are too many people in the game now for it to make an eiffel tower drop.
                                                            Comment
                                                            • Mac4Lyfe
                                                              SBR Aristocracy
                                                              • 01-04-09
                                                              • 48359

                                                              #31
                                                              Originally posted by eidolon
                                                              Ain't that the truth. I remember when it was $200 and I thought it was going to go down to $100 Never happened.
                                                              Have some invested, but damn I sure was wrong about that.
                                                              I bought a bunch at $70 years ago. I sold most of it for like $56 when it dropped. I held onto a dozen just for the hell of it but still kicking myself that I sold a shit load early on.

                                                              When it was $400 last year, a buddy told me to buy as much as I could. I went to buy a bunch and it went up to like $475, so I got pissed and didn't buy. Then of course it kept climbing. I ended up buying more at $1,700 and I tried to buy a bit at every dip but damn, what could have been.
                                                              Comment
                                                              • pilebuck13
                                                                SBR Posting Legend
                                                                • 05-15-15
                                                                • 17916

                                                                #32
                                                                Funny thing is it's not to late guys...how many people do you know that own bitcoin maybe 1? Or 2? Guys I work with have no fukin idea what it even is.we only have a clue because of gambling...think and tell me how many people outside of gambl realm you know who are holding bitcoin?
                                                                Comment
                                                                • indio
                                                                  SBR Wise Guy
                                                                  • 06-03-11
                                                                  • 751

                                                                  #33
                                                                  Originally posted by Snowball
                                                                  Saudi Prince Alwaleed

                                                                  Larry Fink

                                                                  Jamie Dimon

                                                                  something to bear in mind.

                                                                  don't fall in love with air.

                                                                  betting fluidity only.

                                                                  Bitcoin is going to implode, repeating the fate of US energy and commodities giant Enron, Saudi billionaire investor Prince Alwaleed bin Talal said.


                                                                  btw don't even try to say you know more and are better connected
                                                                  than these guys.

                                                                  Don't you embarrass yourself enough on sports betting which you are clueless about? Do you really need to add to your embarrassment delving into things you REALLY are clueless about?

                                                                  Jamie Dimon, who's a Talmudic Jew at Goldman Sachs, and a Saudi Prince who's empire is tied into their OPEC petrodollar agreement with the US to exclusively sell oil in Jewish Federal Reserve Credit notes. 2 bubble heads who don't even know how Bitcoin even works and who are seeing their phony world reserve traded fiat credit slips as money being slowly replaced by something with no central authority by the Christian world who have had enough of their private elite thuggery and robbery. When Qadaffi wanted to sell and trade oil in Gold Dinars, they invaded him and killed him. They cant invade, regulate, or seize Bitcoin, and the jig is up for central authority fractional reserve banking.

                                                                  When Dimon said this, Bitcoin dipped a little to $3600 and all of the Jewish global gate keeping press tried to give this idiot credit for it while the public who knew better laughed at the ridiculous notion. It quickly shot all the way up to $6,000.

                                                                  Bitcoins in circulation now have more value then Talmudic Goldman Sachs holdings. Maybe this century will once and for all see the fall of Talmudic Jewry's stranglehold on money, and free men all across the world just might be able to live in peace and acquire savings that don't depreciate every decade for 100 years straight and lose 98% of it's value as internationalist thieves steal it all.

                                                                  All of these vultures who've essentially forced and suckered the citizenry into putting their money with these Wall st. chop houses for "retirement" and "investing" to stay ahead of the depreciation they intentionally cause will eventually fade away. And won't it be nice to be able to watch an hour of TV and not see orange squirrels and green lines on floors and bulls in china shops and pipe smoking Englishmen in tartan hats along with middle aged couples drinking coffee and holding up plastic numbers.
                                                                  Comment
                                                                  • ByeShea
                                                                    SBR Hall of Famer
                                                                    • 06-30-08
                                                                    • 8048

                                                                    #34
                                                                    Originally posted by indio
                                                                    Don't you embarrass yourself enough on sports betting which you are clueless about? Do you really need to add to your embarrassment delving into things you REALLY are clueless about?

                                                                    Jamie Dimon, who's a Talmudic Jew at Goldman Sachs
                                                                    Actually 100% Greek/Greek Orthodox Christian. Also, he's chairman of JP Morgan Chase Bank.

                                                                    So take another adderall and re-rant responsibly this time please.
                                                                    Comment
                                                                    • MeanPeopleSuck
                                                                      SBR Wise Guy
                                                                      • 04-29-17
                                                                      • 950

                                                                      #35
                                                                      Originally posted by indio
                                                                      Jamie Dimon, who's a Talmudic Jew at Goldman Sachs
                                                                      Whoa, dude, c'mon. I think Dimon's an idiot, too, but who cares what religion he practices?
                                                                      Comment
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