The Real Wolf of Wall Street Jordan Belford says Bitcoin is a SCAM.

in #cryptocurrency7 years ago

Interview with Jordan Belford and my 2 cents.

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This douchebag should not be running his mouth on anything!

This asshole scammed a whole bunch of people, served some time, and now he's out there on a lecture tour across the world pushing his book! LOL You can't make this shit up!

I also thought the same thing. However, I found out that he gave all the proceeds of his 2 year tour back to the victims he scammed 20 years earlier. He has tried to make amends which is a lot more that can be said of others who behaved like him. I'm not saying he is a hero. Just wanted to clarify.

I don't understand what gives this guy any authority on anything.
He's a junkie degenerate who made a lot of money committing securities fraud, then had a movie made about him. Why would i take his financial advice? Why would anyone take his financial advice? Why does he get to go on tv and give out financial opinions?
I've been seeing/hearing him everywhere lately and its always about bitcoin, for someone who hates it so much, it seems to be the only asset he ever talks about. Obviously desperate for media attention.

and the media is desperate for crypto critics

The value of bitcoin is due to the amount of people who use it, so simple... So it can't be scam. In fact, I am absolutely certain that whales will enter the market when the btc reaches $6000 or less... This is rather the time to buy bitcoins. Remember, we enter in the panic and come out in the euphoria.

WHO ELSE...EVERYBODY SAYN BTC IS SCAM! Include GOLDMAN SACHS, than they buy it for low prices:) as described https://steemit.com/bitcoin/@mfg/blockchain-technology-in-near-future-deep-analize-of-humanity-fate-and-will-must-read-bitcoin-cryptotities-cryptokitties
THX FOR READING NJOY GOOD ONE MR ELPOMPADOR :ů)

Bitcoin is eventually going to be overtaken by another crypto. Bitcoin is not what is revolutionary. Blockchain technology is what is revolutionary. Blockchain is going to disrupt many industries, not Bitcoin.

CHEERS! Keep spreading the news!

I don't believe it ...... Its not a scam rather its future!

decentralised scam, with no owner ship or ill motivations...Just a transfer for a store of value.

Hmmm

You got a 72.62% upvote from @mercurybot courtesy of @elpompador!

Like the anger (passion). Keep doing what you do.

I don't think he meant to say scam if what he was saying is that it can be manipulated by just a few entities, which is quite possible. However, Bitcoin was never created to dupe people. In fact it was the opposite, it was meant to empower individuals. And it is working. Why else would those in power be so afraid of losing their hegemony over the little people that they have unleashed their minions in the media to demonize crypto?