Prince Alwaleed says bitcoin will implode

[vt]

https://www.cnbc.com/2017/10/23/prin...he-making.html

[Mega]

Re: Prince Alwaleed says bitcoin will implode

I never had any bit coins...........my bro Pete had a few..........only to find they dissapeared....one day.

Mike

[Southernguy]

Re: Prince Alwaleed says bitcoin will implode

Saudi Kingdom may implode one day...

[GRG55]

Re: Prince Alwaleed says bitcoin will implode

Is anybody still listening to him? Wow...

[Mega]

Re: Prince Alwaleed says bitcoin will implode

How Has his flotation of his state oil company going????

[GRG55]

Re: Prince Alwaleed says bitcoin will implode

Billionaire Saudi Prince Alwaleed Bin Talal arrested in corruption crackdown: Local reports


Saudi Prince Prince Alwaleed Bin Talal, a prominent member of the county's royal family and a wealthy investor, was arrested on Saturday in connection with a wide-ranging anti-corruption initiative, according to local reports...

https://www.cnbc.com/2017/11/04/bill...l-reports.html

[jk]

Re: Prince Alwaleed says bitcoin will implode

Billionaire Saudi Prince Alwaleed Bin Talal arrested in corruption crackdown: Local reports


Saudi Prince Prince Alwaleed Bin Talal, a prominent member of the county's royal family and a wealthy investor, was arrested on Saturday in connection with a wide-ranging anti-corruption initiative, according to local reports...

https://www.cnbc.com/2017/11/04/bill...l-reports.html

too many ties to the u.s.?

[lakedaemonian]

Re: Prince Alwaleed says bitcoin will implode

too many ties to the u.s.?

Certainly not with the current US Administration.

In fact, quite the opposite if Al-Waleed’s blunt antipathy for Trump is taken at face value.

[GRG55]

Re: Prince Alwaleed says bitcoin will implode

too many ties to the u.s.?

Difficult to imagine being closer to "the US" than the Saudi Government, which has funnelled unbelievable amounts into K Street lobby firms and the various Clinton entities.

[Mega]

Re: Prince Alwaleed says bitcoin will implode

Er Well
http://www.zerohedge.com/news/2017-1...r-crashed-all-

[jk]

Re: Prince Alwaleed says bitcoin will implode

Difficult to imagine being closer to "the US" than the Saudi Government, which has funnelled unbelievable amounts into K Street lobby firms and the various Clinton entities.

otoh the saudi's just decided to purchase the russian s400 anti-aircraft system, so they may be moving away/hedging their bets. isn't china the biggest energy import consumer in the world now?

[lakedaemonian]

Re: Prince Alwaleed says bitcoin will implode

otoh the saudi's just decided to purchase the russian s400 anti-aircraft system, so they may be moving away/hedging their bets. isn't china the biggest energy import consumer in the world now?

The Saudis like stuff that's:

expensive(so insiders can take their cut of the inflated price as commission, the more expensive the better)

discrete(Russian weapons deals don't have the same anti-corruption measures as from other countries, or require embarrassing state involvement to keep corruption a state secret a la the Al Yamamah arms deal with the UK)

Doesn't involve getting dirty(Saudis prefer push button warfare or getting foreigners to do their dirty work)

Sends a message(we have other options, but not really...Russian/Chinese stuff is often rubbish even though it's all petro dollar recycling irrelevant)

Maybe includes a promise by Russia to not accelerate the House of Saud's declining resilience.

S400 deal ticks all 5 boxes

[Mega]

Re: Prince Alwaleed says bitcoin will implode

https://www.theguardian.com/business...i-arabia-purge

[Mega]

Re: Prince Alwaleed says bitcoin will implode

..............& another one
http://www.zerohedge.com/news/2017-1...ring-crackdown

[GRG55]

Re: Prince Alwaleed says bitcoin will implode

The Saudis like stuff that's:

expensive(so insiders can take their cut of the inflated price as commission, the more expensive the better)

discrete(Russian weapons deals don't have the same anti-corruption measures as from other countries, or require embarrassing state involvement to keep corruption a state secret a la the Al Yamamah arms deal with the UK)

Doesn't involve getting dirty(Saudis prefer push button warfare or getting foreigners to do their dirty work)

Sends a message(we have other options, but not really...Russian/Chinese stuff is often rubbish even though it's all petro dollar recycling irrelevant)

Maybe includes a promise by Russia to not accelerate the House of Saud's declining resilience.

S400 deal ticks all 5 boxes

How about buying agreement for Russia to actually meet and hold its agreed production cutbacks - something it has been very slow to do.