Absolutely @cryptoeagle.
Do not listen to what they say but watch what they do.
They are the ones who are looking to get in on the cheap.
I certainly hope, if Gates, did short it, that he gets caught in a huge short squeeze and I dont have a ton of Bitcoin. It would just give me a great deal of pleasure. 😀
Here is the most liked comment on a CCN post about Bill Gates bashing on Bitcoin:
Laurent Wach • a day ago
1876: "This 'telephone' has too many shortcomings to be seriously considered as a means of communication." — William Orton, President of Western Union.
1903: “The horse is here to stay but the automobile is only a novelty – a fad.” — President of the Michigan Savings Bank advising Henry Ford’s lawyer, Horace Rackham, not to invest in the Ford Motor Company.
1961: "There is practically no chance communications space satellites will be used to provide better telephone, telegraph, television or radio service inside the United States." — T.A.M. Craven, Federal Communications Commission (FCC) commissioner.
1995: "I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." — Robert Metcalfe, founder of 3Com.
2007: “There’s no chance that the iPhone is going to get any significant market share.” — Steve Ballmer, Microsoft CEO.
2018: “[Bitcoin] as an asset class, you’re not producing anything, so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment.” Bill Gates, founder of Microsoft Corporation.
Congratulations, Mr. Gates. That's how history will now remember you.
Love your comment, it's awesome!
Well, he was right about the telegraph part of his prediction. 😅
Very good advice. Something we should always do. When the big, influential people are pointing in one direction; look the exact opposite direction and you will probably see something much closer to the truth.