Post
Topic
Board Bitcoin Discussion
Re: Bitcoins bad publicity?
by
coolcoinz
on 24/01/2021, 14:09:33 UTC
This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble' - 

For me it would be a bullish sign. If the banks are saying that it's going to be a bubble they obviously realize that we haven't seen the top yet.

Quote
I dont think Banks are reliable 'barometers' when making Bitcoin predictions as I have seen so much negativity from them since 2017 - Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?

And you are right to think so, just like governments and their ponzi scheme allegations. If banks were reliable as investment barometers there wouldn't be a Cyprus bank bailout, a Greek crisis, Deutche Bank, and many, many more.