62d
Howard Marks CO-CHAIRMAN AND CO-FOUNDER, OAKTREE CAPITAL GROUP “Digital currencies are nothing but an unfounded fad (or perhaps even a pyramid scheme), based on a willingness
  62d
to ascribe value to something that has little or none beyond what people will pay for it." They are "not real!!!!! Nobody has been able to make sense to me of these currencies.”
  62d
– 07/26/17 Price on quote date $2,503.29
  62d
Howard Marks CO-CHAIRMAN AND CO-FOUNDER, OAKTREE CAPITAL GROUP “So my initial bottom line is that I see no reason why Bitcoin can’t be a currency … But I still don’t feel like putting my
  62d
money into it, because I consider it a speculative bubble. I'm willing to be proved wrong.” – 09/08/17 Price on quote date $4,247.55
  61d
Jamie Dimon CHIEF EXECUTIVE OFFICER, JPMORGAN CHASE & CO. “It’s a fraud.” If a JPMorgan trader began trading in Bitcoin “I'd fire them in a second. For two reasons:
  61d
It’s against our rules, and they’re stupid. And both are dangerous.” – 09/12/17 Price on quote date $4,179.95
  61d
Elvira Nabiullina GOVERNOR, BANK OF RUSSIA “China doesn’t recognize cryptocurrency as payment and forbids ICOs … Our views are absolutely similar. In our view, it's a sort of a financial
  61d
pyramid that may collapse at any moment.” – 09/14/17 Price on quote date $3,391.25
  54d
Vitor Constancio VICE PRESIDENT, EUROPEAN CENTRAL BANK “Bitcoin is a sort of tulip. It’s indeed an instrument of speculation for those that want to bet on something that can go up
  54d
and down 50 or 40 percent in a few days but certainly not a currency, and certainly we don’t see it as a threat to central banking or monetary policy, that’s for sure.”
  54d
– 09/22/17 Price on quote date $3,615.10
  54d
James Gorman CHIEF EXECUTIVE OFFICER, MORGAN STANLEY Bitcoin is “certainly something more than just a fad ... The concept of anonymous currency is a very interesting concept
  54d
-- interesting for the privacy protections it gives people, interesting because what it says to the central-banking system about controlling that.” – 09/27/17 Price on quote date $4,154.27
  8d
Ray Dalio CO-CHAIRMAN AND FOUNDER, BRIDGEWATER ASSOCIATES “It's very much speculative. People are thinking, ‘Can I sell it at a higher price?‘ so it's a bubble ...
  8d
With Bitcoin, you can’t make much transactions in it and you can’t spend it very easily. It's not an effective store-hold of wealth because it has volatility, unlike gold.” –
  8d
09/29/17 Price on quote date $4,171.25
  8d
Christine Lagarde MANAGING DIRECTOR, INTERNATIONAL MONETARY FUND “Not so long ago, some experts argued that personal computers would never be adopted and that tablets
  8d
would only be used as expensive coffee trays. So I think it may not be wise to dismiss virtual currencies.” Countries with “weak institutions and unstable national currencies” may see
  8d
growing use. – 09/29/17 Price on quote date $4,171.25
  6d
Larry Fink CHIEF EXECUTIVE OFFICER, BLACKROCK FINANCIAL MANAGEMENT “Bitcoin just shows you how much demand for money laundering there is in
  6d
the world.” – 10/03/17 Price on quote date $4,283.49
  6d
Sergio Ermotti CHIEF EXECUTIVE OFFICER, UBS GROUP AG “People are more curious than really willing to invest. I don’t think there’s any meaningful desire by high net
  6d
worth individuals to take big bets on this kind of phenomenon.” – 10/10/17 Price on quote date $4,873.10
  6d
Ben Bernanke FORMER CHAIRMAN, FEDERAL RESERVE “Bitcoin is an attempt to replace fiat currency and evade regulation and government intervention.
  6d
I don’t think that’s going to be a success.” – 10/17/17 Price on quote date $5,577.30