Howard Marks, who called the dotcom bubble, warns his clients against investing in digital currencies.
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Billionaire Investor Howard Marks Says Bitcoin Is A ‘Pyramid Scheme’ | CNBC
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Who cares what it is if you make money.
Well take at your own risks they say but for me I'm content of what I have cause everything in these Earth is temporary.
btc was good back in the days to make purchases,but now sad new are coming.More info on my channel i've made a video
Of course he says that. He acquired dollars
How entertaining it is to see newbies try to figure out what they think Bitcoin is and whether it's a Ponzi scheme or not I've been hearing this since it was worth 300 thank God I never listen to nobody
Every stock that doesnt pay a dividend must be a pyramid scheme… GOLD… SILVER… ETC… (<— not Eth Classic)… anything that is purchased with the belief that at some point in the future, someone will be willing to pay more for it… (by his logic) MUST be a pyramid scheme… geez… the lack of education by the old school finance guys is laughable…
>>>BTW.. If you get 2 people to buy Bitcoin and they get 2 people to buy Bitcoin.. you can drive this brand new Lambo…
HOWARD KINDLY STFU ?
not surprising coming from a Jew that loves Immoral Banks
The American Dollar is a "Pyramid Scheme!" More fake news from lamestream media.
This guy is just butt hurt, probably made most of his money front running
There was a dotcom bubble but some of the major tech companies we have today came from that bubble. They never burst and continue to grow. If your buying crypto just make sure you bet on the right horse. I reccommend NEO smart economy, it's still early but is 13th top crypto. You will thank me later, maybe 5 years when your a millionaire.
And since this came out, BTC has risen more than $100. Thanks Marks but take a seat.
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