What can you say about Prince Alwaleed bin Talal of Saudi Arabia's statement that bitcoin will collapse like Enron? Do you guys think that it will have significant value on the prices?
Obviously the prince statement has no significant effect on the price of bitcoin, what yardstick did he use to make such a statement? Is he a central bank governor or an economist? May be he used that statement to scare potential buyers of bitcoin in Saudis Arabia anyway his statement does not hold water.