what else is new!

they have been saying the same stuff forever. bitcoin has been a bubble, according to them from the day it was listed on an exchange for trading. and the funny part is that they intensify their attacks after a price rise happens and the media is paying a lot of attention to bitcoin. AKA when bitcoin is growing faster than usual.

Another one... they're really annoying. But ok, let them talk crap. 'Almost certainly a bubble.' Funny thing about this kind of statements is that a year later, noone analyzes them, and tells them: you were dead wrong.

Obviously, it is very unlikely to happen in the near future, but something's happening and they know it. The fact that major entitites like these are making a public statement about the current trend of bitcoin, right after a huge spike in its price, makes me think that maybe their costumer feel something's wrong?, "maybe i should invest in bitcoin" is probably what their big customers are thinking, therefore the banks feel the need to make a statement saying how bitcoin is useless. But i bet they're getting more and more requests regarding btc investment. These old turds are probably crying they didn't invest in bitcoin years ago.

And US dollar is what? Not a bubble waiting to burst when shit hits the fan?

Bitcoin does have bubbles. A lot of people hype and push prices up. However, I think bitcoin can be recognized by so many people. There have been a lot of practical applications. Bitcoin has real value.

UBS is the biggest bank in switzerland which has branches in 50 countries.Nothing else could be expected from a bank which has the most powerful rival bitcoin in the banking history itself.Bitcoin has almost turned upside down the future of banking industry.Jamie dimon has got an ally UBS to criticize bitcoin.

Bitcoin has almost crossed earlier stages of recognition and it does not need any approval from banking authorities or investors like warren buffet to survive.I think that we should just not care about such statements and not to waste our time.

This has become like a never-ending cycle and they are just repeating the same type of comment and analysis over and over again. The media should have been bored covering these people because they have nothing new to offer to bolster their prediction that soon Bitcoin can pop like a balloon. Jamie Dimon and his entourage should learn to shut up and just leave Bitcoin alone as the people getting into cryptocurrency are not as ignorant as him. There many millions of learned people all over the world and yes many of them are occupying big positions in different industries -- and they can all be actually STUPID. And many times they have the face to call others as stupid without looking at the fingers pointing at them.

" The internet is a scammers paradise and full of paedophiles and will never amount to something that everyone will use. " This

was the kind of responses that we heard when the internet started out and look at where we are now. Yes, there are still

scammers and paedophiles on the internet, but the internet are being used for a lot more now. We do not disagree that

Bitcoin is used as a speculative commodity, but it also has a lot more uses. < currently untapped >