A Quote by Kim Dotcom

Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold Both will rise when the markets crash.

Kim Dotcom

Quote Topics

Advice Bankruptcy Bitcoin Both Buy Crash Gold Greece Market Market Crash Markets Rise Trigger Will

Quote Author

Kim Dotcom
German - Businessman
Born: January 21, 1974

If the stock market does go through a crisis of confidence, which I think clearly will happen one of these days, no one can predict just like you couldn't the dot com crash or the Lehman crash, but when it goes down it will go down by thousands of points because everyone will panic. No one owns this market today because they believe there's a huge sunny future for the United States economy. They're buying because they think the Fed can keep the thing pumped up, the bubble expanding.

David Stockman

What happens when you're in a crash is you join a crash club, and you talk endlessly about your crash because you don't want to bore your friends with it. And they've heard about the crash so many times.

Laurie Anderson

The bitcoin protocol is about mining bitcoin, not pricing bitcoin. There is nothing in the protocol about establishing a market price for bitcoin; you need a market for that, but what if all the exchange markets are shut down?

Max Keiser

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.

Ben Bernanke

I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the old law returns: he with most gold makes the rules.

Max Keiser

There is a bit of a problem with the match between derivative securities markets and the primary markets. We have long ago instituted principles, essentially high margin requirements, to prevent certain instabilities in the stock market, and I think they're basically correct. The trouble is that there's a linkage, let's say, between something like the stock market and the index futures markets, and the fact that the margin requirements are very different, for example, played some role in the October '87 crash.

Kenneth Arrow

I've watched the world crash and burn in every sense. I've watched the record industry crash and burn; politically I've watched it crash and burn, financially crash and burn.

Daryl Hall

See, I will always have this penchant for what I call kamikaze women. I call them kamikazes because they, you know they crash their plane, they're self-destructive. But they crash into you, and you die along with them.

Woody Allen

It's like simulating earthquakes: we can over and over study a bubble, crash, bubble, crash. Then we can see mathematically if there's some regular pattern and what's going on in people's brains when prices are going up and before the crash is happening.

Colin Camerer

Well, bitcoin is a currency. Bitcoin has no underlying rate of return. You know, bonds have an interest coupon. Stocks have earnings and dividends. Gold has nothing, and bitcoin has nothing. There is nothing to support the bitcoin except the hope that you will sell it to somebody for more than you paid for it.

John C. Bogle

Because the supply of Bitcoin is limited, the price of Bitcoin is going to have to increase and increase very substantially over time. My advice is that if you're interested in Bitcoin and excited by Bitcoin, then buy some Bitcoin and hold onto them, and you're likely to do very well over time.

Roger Ver

The difference between a sand trap and water hazard is the difference between a car crash and an airplane crash. You have a chance of recovering from a car crash.

Bobby Jones

Destabilization and turmoil,[Steven] Lerner hopes, will also crash the stock market, isolating the banking class and allowing for a transfer of power.

Rush Limbaugh

When people are collecting gold they aren't doing business. ... Gold is constipation: even bankruptcy is more fluid. Gold isn't wealth: positions in markets are wealth.