Still a lot of discussions about the future of bitcoin and cryptocurrencies surrounding in scientific community. Aren't experts yet convainced that bitcoin is a reality?
In an interview for CNBC,
Robert Shiller the professor at Yale University expressed his rather negative sentiment towards Bitcoin and other cryptocurrencies, saying:
To me its another example of faddish human behavior.
Link to the interview:
https://www.cnbc.com/2018/05/21/bitcoin-could-be-another-failed-currency-robert-shiller-says.htmlShiller consolidated his opinions on Bitcoin and other cryptocurrencies in a long post from where i prefered to take this note:
Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, [
] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough.
Link to full article:
https://www.project-syndicate.org/commentary/cryptocurrencies-scientific-narrative-by-robert-j--shiller-2018-05This is always happening, who are they??? this are there own comments and they do not control bitcoin, so why they are doing this??? simply they are people who wants to buy bitcoin at cheap price that is why cause FUD (fear, uncertainty and doubt, usually evoked intentionally in order to put a competitor at a disadvantage.) or they are bitter who lost a lot of investment when the price of bitcoin drops. Bitcoin will recover and will always recover as long there are people who do trading and using bitcoin as digital currency, they do not control bitcoin they are just doing some negative statements. The main problem is that with just a dip all weak holders are shaking and causing negative effect or panic selling to others simply as saying they are newbies. acutally if you will look at this dips this are great opportunity to earn more just do not look at things as negative.