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?
What does he know? He's a prince so he doesn't work in finance.. The guy probably smokes hashish all day and fucks his harem.
He is also the prince who predicted that oil prices won't reach 100$ a barrel again, and until now his prediction is right as Oil cost 55$ a barrel today. Like it or hate it he knows what he is talking about, many economist and big time investors are seeing Bitcoin as a bubble as the prices right now look way too overprice for them to see if there is really value on to it.