Post
Topic
Board Economics
Re: Bitcoin-DUMP IT!
by
slikes
on 09/12/2013, 11:28:38 UTC
Quote
Gregory Mannarino
6 days ago
 
With regard to Bitcoin, could I be wrong? Absolutely. As always please do your own homework, establish an understanding, and act accordingly. I am still, (and will always be) a believer in hard assets. For now it seems to me there is a mania of sorts in Bitcion and most people get hurt with these things-(manias, bubbles). Just be careful. Thanks, Greg.
It's obvious that he doesn't understand Bitcoin as soon as he starts talking about how USD is digital. That being said, he's making a safe bet saying that bitcoin is in a bubble. If he was propositioned on the same scale with anything other than bitcoin, the chance that he'd be wrong is close to zero.