Saudi billionaire investor Prince Alwaleed bin Talal said Monday that bitcoin will “implode” one day.”It just doesn’t make sense. This thing is not regulated, it’s not under control, it’s not under the supervision” of any central bank, Alwaleed said in an interview on CNBC’s “Squawk Box.””I just don’t believe in this bitcoin thing. I think it’s just going to implode one day. I think this is Enron in the making,” Alwaleed said.
Source: Prince Alwaleed says bitcoin will implode: ‘Enron in the making’ – CNBC
Focus on Earnings as Fed Enters Blackout Period
CAC Higher, Investors Eye French Manufacturing PMIs
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.