Posted by 爱丽丝 梦幻世界 > 2017-12-02 15:55 | Report Abuse

i don't know about bitcoin

Posted by lizi > 2017-12-02 16:42 | Report Abuse

I don't know about bitcoin - jack ma

What a simple answer and yet so meaningful. Smart ppl will understand it. Kikikkki..

Posted by Tai KT > 2017-12-02 16:50 | Report Abuse

because it is hard to understand.

Posted by helloworld123 > 2017-12-02 17:46 | Report Abuse

ditto.

Posted by gohkimhock > 2017-12-02 18:26 | Report Abuse

I also don't know about bitcoin much.. I am not shameful to admit.

Posted by tecpower > 2017-12-02 18:27 | Report Abuse

This week has been a rollercoaster ride for Bitcoin – and could signal an equally unpredictable future.

What happened this week?
The eight-year-old cryptocurrency has pulled in droves of investors in recent months. But this week it hit record-breaking highs, soaring over $10,000 (£7,493) in value. At the start of 2017 a Bitcoin was worth just $1,000.
And yet within 24 hours of hitting the benchmark it had climbed past $11,000 before losing nearly 20% of its value, to just barely $9,000.
This rollercoaster ride, and resulting headlines, prompted the Bank of England to warn “investors should do their homework” on Bitcoin: some say the currency is peaking and based on nothing but a speculative bubble, while others feel it could have further to rise.
“This week is no different,” says David Yermack, professor of finance and business transformation at New York University. “Bitcoin has always been very volatile. Anybody who invests should have a large amount of risk tolerance.”
http://www.bbc.com/capital/story/20171201-the-wild-week-of-bitcoin

Posted by TrippleZ > 2017-12-02 18:37 | Report Abuse

Jack Ma answered he don't know not because is too hard to understand. He is not in position to speak about all the dirty koney behind bitcoin frenzy. Better to say don't know.

Posted by VenFx > 2017-12-02 19:11 | Report Abuse

No ine dare to say as loud as u are ...
Whenever there is a powerful tools to form into the society with permanently in the society , it need to share the resources from it's mother(society) body then it can split and grow and made the society need it.

It is robe no is sucking the resources as fast as it can befire it spread.
Its from the upper level of the society.
Once it is able to existed legitimately,the lower level society will rely on it.
That's why billionaires so excited about Bitcoin, and it benefit them instantly in the meantime it exist everywhere.
Eventually, there will be only providers & buyers .

YES ! I KNOW NOTHING ON BITCOIN, BUT, ACTING TO KNOW IT .kikiki

Posted by gohkimhock > 2017-12-02 20:37 | Report Abuse

This will be the largest scam in the financial industry history.

Posted by probability > 2017-12-02 21:58 | Report Abuse

i was curious to know about bitcoin...but since Jack Ma himself dont know till now... i decided not to pursue it!

thank you

Posted by moneypedia > 2017-12-02 22:00 | Report Abuse

i just know if some transaction using my hand..if the money i cant touch this (Mc Hammer)..i also dont know...and really blur bout bitcoin...

Posted by JN88 > 2017-12-02 22:33 | Report Abuse

Bitcoin just like call warrant in stock market.

0 value= toilet paper.

1st day the creator mention to another person this bitcoin worth USD1...this guy believe.

2nd day they ask 100 people said this coin worth USD10 ....people start to buy at USD10.

Price continuously go up.....to make more people join the party and increase the value....creator start to accept bit coin as currency.

% of increasing in value attract more people.

Today at USD 10000

Once people stop from buying.

SAYONANA.

cost of bitcoin=0 from creator. only one photostat machine.

if they make 1 million bitcoin X USD10,000 = USD10,000 million.

Easy money easy come.

Posted by JN88 > 2017-12-02 22:36 | Report Abuse

Let time tell us who is the people accept the BOOM.

If not mistake, mostly ASEAN, 1800-1950y , western start the war to get ours money, today just use little knowledge kill all Asean easily .

Posted by adisuffian83 > 2017-12-03 11:36 | Report Abuse

if you live in the age of e-gold, you'll know the ending of bitcoin

Posted by mamatede > 2017-12-03 13:50 | Report Abuse

I know about Bitcoin But I not in shame to admit i donno about bitcoin.

Posted by Yu_and_Mee > 2017-12-03 15:37 | Report Abuse

Bitcoin, too risk to trade. The logic behind is unknown, how it goes up and down. Demand vs Supply? Speculating only? I don't know too but I believe it will be next "Lehman Brothers" alike consequences in 2020.

Posted by Alex Foo > 2017-12-04 12:13 | Report Abuse

standard textbook answer

I don't know about bitcoin

bitcoin is alternative for corruption activities. It bypasses governmental and national scrutiny.

And guess what, bitcoin founders insist that the supply is limited, but what they do? They do 'mining' on a daily basis. And the dreamed (yes I saw how they talked about bitcoin as investment) with eyes big big saying that in future, as bitcoin demand grows, their coins value will go up and up~

talk about fundamental. zero. Its value is derived from currencies. It is just another derivative.

Remove the trust from bitcoin (with repeated hack news permeating the sites nowadays), no one can guarantee that one day blockchain is all but sham.

Ok la. Alex humble a bit. I don't know about bitcoin

Posted by idiotbuster > 2017-12-04 12:32 | Report Abuse

The great value in bitcoins is its blockchain methodlogy. It can be adopted by any body.In time to come , the world finacial instituition have no choice but to
accept blockchain technology.Singapore govt had already exploring this.If blockchain technology is widely used , tell me what so special about bitcoins then ?

Posted by BC1010 > 2017-12-04 12:44 | Report Abuse

I don't know anything about Bitcoin, all I know is no government in the world would like to lose the power of controlling money. Just human nature.

Imagine, 1 guy ask US/CHINA govt f...off, he don't need to use their currency to trade, he have another medium of exchange that works exactly the same as the big brother, and the best of it, Big brother can't do anything with it.