I really wonder what people with a political identity make such statements for and how knowledgeable they are about it. Although what they say is very different from what appears sometimes, they still persistently express the same thoughts.I wish she would support her statements with facts instead of speculating over such an important tool of investment that even shrewd and successful business men have put in their funds.
I have read some few articles still suggesting crypto can still fail which I don't believe too. So the best way we should always handle this is to invest what we can afford to lose and in case of any thing, we wouldn't be affected badly.Elizabeth Warren (US senator) drew attention and reactions with her bitcoin announcement. In an interview with CNBC, the senator also claimed that she was in a very speculative situation, saying that Bitcoin would end badly.
What do you think about these statements of the US senator?
Totally in agreement with your stand on bitcoin not end badly . The coin has so many strong supporters that won't give up on itI doubt bitcoin will end badly, I think it will only end up bad if the people or government treat it badly, as it stands now bitcoin is going okay and steady
Yep, and considering many already considers bitcoin as the face of cryptocurrency, bitcoin will only much fall if the cryptocurrency market also fallsTotally in agreement with your stand on bitcoin not end badly . The coin has so many strong supporters that won't give up on it
Exactly , the fall of bitcoin will crumble the whole cryptocurrency market because many investors will lose faith in cryptocurrency itselfYep, and considering many already considers bitcoin as the face of cryptocurrency, bitcoin will only much fall if the cryptocurrency market also falls
We cannot say or judge anything as Bitcoin or even the crypto industry runs on the basis of hype and also they are very volatile. And in future may be they are used by every country and if the hype ends they fall badly.Elizabeth Warren (US senator) drew attention and reactions with her bitcoin announcement. In an interview with CNBC, the senator also claimed that she was in a very speculative situation, saying that Bitcoin would end badly.
What do you think about these statements of the US senator?
The hype can never end because people will always want to promote their investment ,same with the coin developers.We cannot say or judge anything as Bitcoin or even the crypto industry runs on the basis of hype and also they are very volatile. And in future may be they are used by every country and if the hype ends they fall badly.
Yeah there's that situation, though probably there might come a time that some coins might take the place of bitcoin being the top coin and bitcoin might go down without the market going down with itExactly , the fall of bitcoin will crumble the whole cryptocurrency market because many investors will lose faith in cryptocurrency itself
I doubt she has enough understanding of how her remarks would reflect on the market or she probably doesn't care. It is easier to condemn what one doesn't understand.Bitcoin seems impossible to end badly due to it's strong supporters ... moreover that's why it's still advised to invest what you can afford to lose... crypto currency is widely known for it volatility...though she shouldn't have said such a thing knowing the impact it can have on the market
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