Bitcoin Forum

Your answer please

I don't think so. Why do you think he's buying Bitcoin? He's already multibillionaire, Bitcoin's whole market cap is still only 6,516,046,827 $. Volatility is lesser than last years but the technology is still relatively new.

Nah, he's already mentioned he refuses to invest in anything he can't understand. So no, not likely, but possible nonetheless.

Is there any link to any article about buffet buying bitcoin?

I mean he is the best investor and wow would it be great if he
did buy bitcoin but I think he is to old school. He likes to see the
books and meet with the ceo and shit like that. Visit the plant
type of guy.

But man if he did and publicly backed it... wow it would rise

Nopes. My team is working on a different coin, which will be better than bitcoin.

There will be no coin better than Bitcoin!  Go back to Omaha you false oracle! ;)

Nah I don't think so, he is a clever guy with finances, but too dumb to see value in technical things, already demonstrated this when he failed to predict the importance of the internet. Guy is too old.

Haha that was just perfect. But in all seriousness I highly doubt he would be investing in Bitcoin. Also, who cares? Don't be a sheep. You'll never get rich by trying to ride his coattails.

I think it sounds great.

yes, basing on his investing style, we could estimate he wouldn't at the moment!After 20 years, I cannot guarantee that! Since he is picking some technology stocks to invest now. I know they are the big international matured companies  like IBM.

That is highly unlikely as he has publicly separated himself to have anything to do with it and said it will not last so do not invest or put anything towards it's growth.
He does not see it as a viable currency or have a future.
Narrow minded thinking.

I doubt warren buffet will invest in bitcoin.

Many of the business he has bought are pretty traditional and he seems to like old style businesses.

Unless he's got some inside information about a huge bitcoin price rise, definitely no.  He could certainly afford to be a btc whale if he chose, but I don't see him ever buying bitcoin and he probably isn't going to live a hell of a lot longer.  What a guy though, I really respect him.

Are you try to spread the news about warren buffet bought bitcoin?
Or just imagine if warren buffet buy bitcoin? Something not clear here.
I think he is interested on oil and gold investment only. Bitcoin too complicated for old man.

Warren Buffet is a billionaire and is not likely to be interested in bitcoin as his own history does not show that he is hugely interested in technology

Agreed.

This. There was some press back in December of 2014 that he was quoted as saying "stay away from bitcoin".  Would definitely be interesting if he is changing his tune. Where are you getting your latest information on Warren Buffet?  Do you have a link?

I believe. I don't think an old crook like him will still have the time to even read what bitcoin is. He'd rather finance a research about how possible shredding really is than saving his billions.

Does he even need to? With his networth, he could invest in every crypto-currency and still be rich. So far, the only Google search throws up that he says to stay away from it.

I don't think so. He is very old-fashion investor. Once he said that he doesn't understand how technology stocks work. I think he doesn't like technological stuffs. ::)

Warren Buffett - NO. Rothchilds - YES

it's not like he can not study it, i think he is scared by the fact that even with his huge skill in trading, he will lose if invest in bitcoin

the market is unpredictable for anyone, even for him, this is the true reason for me

Perhaps he has a hidden stash somewhere waiting for the price increase to dump in the market and effectively crash it.

Yes that is true however he may be a believer in the long-term value of bitcoins and still buys them with the intention to hold for the future.

For a billionaire like him, he could buy a lot of bitcoins, become a big whale and may even play around our investments by pumping and dumping lol.  but i don't think he will do this, he'll probably just leave bitcoin to small timers. He'd be much more interested to what he can handle best and know well.

Wouldn't surprise me if he was, but he did come out and basically bash Bitcoin. He might be one of those FUD masters trying to get some cheap coins ;)

I think it is still difficult to Warren Buffet bought a bitcoin, because bitcoin is a relatively new technology

I really doubt it's hard for him, he has made a mint and a half being ahead of the curve. Only thing I know he lost big on was buying pacific power as of late.

Why not? I bet he secretly purchase Bitcoin worth 0.1% of his net worth. :o

No... he will not give his money to bitcoiners...

I said Yes

The only good thing that would come out of warren buffet investing in bitcoin would be the PR bitcoin would receive because of it and the amount of people that would flock to bitcoin.

Of course all these guys are buying up coin, at least all the ones with half a brain are.  If something shows some promise its wise to diversify and have an investment in it. Bitcoin has shown promise quite clearly, its not going to hurt him to chuck in a mil or so and if it goes wrong no big deal.

I don't think so as he is a very old fashion investor. Just look at his current investment portfolio. All investments are in long existing companies that he think he will get a stable return from. That's his investment style. It's an old man, he need to focus more on spending/enjoying his wealth instead of keeping working.

Haha we get attention of warren buffet. ;D
How you manage to be active in this forum if you are not interested in bitcoin ? :D :D

here is some speculation..
wat if he said he was interested.. all of a sudden there would be a surge of interest from every financial firm on the planet thinking they need to get in before buffet buys a hoard. causing a price rise. thus shooting buffet in the foot before he even buys a coin..

any smart trader knows you don't publicize interest before your going to buy.. you publicize after you buy and near the time your ready to sell.. that way you profit from the price rise

Thinking I clicked on this thread, thinking this was a notable news-worthy event that has happened.

To Op, no it will never happen, he will live in his Fiat bubble forever(and die there too, not much time remaining)

A year ago he advised to stay away from Bitcoin. Did he change his mind in the last year?

Warren Buffet will go down in history as the man that made a fortune with his investments and was usually always right, except in his last prediction of Bitcoin being a failure. Statistically, it's obvious this is one big mistake by him:

http://oi65.tinypic.com/r73ode.jpg

I feel bad for the guy, he could have been remembered for getting this one right too, but he is too old to comprehend.

Why would he try bitcoin?Bitcoin has a huge potencial and a huge risk involved into it otherwise we would see big companies working with bitcoin and investing into it.

It's not like he's buying a lot of Bitcoinz. He only uses it for hookers and blow. For everything else there's MasterCard.

http://blog.garethjmsaunders.co.uk/wp-content/mastercard.jpg

What do we hope to determine by asking each other about something we don't know?

And now we get to the reason I make fun of threads like this.

http://38.media.tumblr.com/722c330f6131f4e18cd7d60979c0e0ce/tumblr_nifvorNaq01u0k6deo3_500.gif

I doubt it, because you can't run the bitcoin core at Asda supermarkets (Walmart in the UK )

Why have a poll on a factual statement?

He's not buying Bitcoin

Don't worry for him. He'll still be remembered as an unmatched master. And besides, bitcoin hasn't succeeded... yet  :). The guy is still not wrong as of now. We still have a long way to go. And that is precisely the reason why there's profit to be made by buying and HODLING now in case of future success.

But he is already wrong in his arguments against Bitcoin. He is comparing it to a check... that sounds like a joke. I doubt he even understand what decentralization means and let alone smart contracts and all the other possibilities.

Ah. Carry on then.

https://bunkstrutts.files.wordpress.com/2011/04/silly-walk.gif

Indeed. He most definitely fails at understanding bitcoin whatsoever. He's human after all: he can be wrong sometimes  :). Good for him that he doesn't invest in what he doesn't understand. He'll miss opportunities like that. We all do all the time. But on the whole you'd lose more investing in any stuff that you don't understand then staying at home and counting flowers on the wall. And I mean, he probably was made by journalists into telling his mind about bitcoin, back then. I doubt he'd open it to go on about stuff that he doesn't understand if nobody asked him to.

 he said that?  he indeed never really understood what btc is. the better for him to stay away with bitcoin, he'll forever be linked to this thread.

Yes Buffet really siad that! Well he had never been good in understanding new technologies. He is an oldschooler.
But when I have absolutely no idea I should better shut my mouth, that's why statements like this from one one of the greatest investors of all time is kind of embarrassing.

He would likely agree that you should invest in what you know. When I need tech advice I generally don't ask a senior citizen.

Yeah it's probably a generation thing. We invest in digital holdings, the older generations do it in stocks and traditional finance. Who cares? Let them be.

probably not. he's bashing bitcoin at every opportunity. it wouldn't make sense for him to buy something he's trying to get the public to throw away.

No, I don't he is buying.  He won't even touch gold, why would he buy bitcoins?

Likely not, he is incredibly old fashioned Wall Street and he only invests in what he can understand. I highly don't he understand, nor has paid an incredible amount of attention to Bitcoin.

Probably he is not doing so, at least if he is sincere to his belief. I have heard him speaking and read it, and he is not prone to invest in anything that has no solid value. In fact I read an interview in which he talked about bitcoin and said the value of BTC is in having the ability of storing and transfering money (as a check also has the ability) and that does have value, but not that much to make Bitcoins be worth hundreds of dollars.

Yeah right... Like he would take the risk of market manipulation.. He probably has investigators on has ass all day long checking every trade he does for even the slightest sign of insider knowledge or manipulation.

Bitcoin trading is a playground for manipulation at the moment, but don't expect the big boys to copy that, they have too much to lose..

Man now that I have this information a lot of stuff becomes more understandable all at once. The guy doesn't understand gold either. Well then yeah, you'll never get him to buy bitcoins then. It's no use  :D
My dog also makes this "I'd be scratching my head if only I had fingers" face when he sees me doing human stuff that he doesn't understand, such as cutting the branches of a tree standing in my path or other stuff like that. For sure dogs don't bother doing such stuff... yup that's for sure... :-/

Basically Buffet and others old blood investors are not believing if non-regulated currency. For them current state of Bitcoin is similar to Wild West.
They don't believe government and politicians will leave bitcoin unregulated for long and bitcoin must change to be on par with other payment methods,
when that happen bitcoin will lose its worth, so it is better to leave it alone - Buffet's logic.

They will never get it, they are simply from the old generation, it's the same as trying to explain Bitcoin to your parents, they will never get their heads around it, it's just too complicated for anyone that hasn't been born in the era of internet OR if they are engineers or somehow computer related even if they are older.

I bet he is buying bitcoin.
The price is really low at the moment (and he know that), so why not investing a few 100k in bitcoins?

He can make huge Profits in the future.

He's old-school. He said multiple times that Bitcoin is bullshit. I think that his word as more value than all the bitcoins on Earth for him. I won't take the risk to be looked as a clown to make what's pocket money for him ;) !

Now that I think of it you have to wonder why he WOULDN'T just grab a few 100k like you said.  Even though he has publicly dissed Bitcoin it may not be the case anymore.

I don't think that will ever happen. He is an old school old man, he will never believe in Bitcoin since he said Bitcoin is just a "mirage".

Last year on Bloomberg or one of the big global news channels, he was interviewed and he advises everyone to stay away from Bitcoin. A quick Google search could've found the answer.

Maybe secretly, who knows.. But that's why it's called a secret  :D

Personally I doubt it as he is doing fine and he doesn't need to invest in something. Berkshire Hathaway is doing just fine for him and he isn't by any means a greedy person.

he doesn't know any better. these kind of investors will never invest in bitcoin as they love their fiat economy way too much. their wealth is build 100% in fiat. they won't give that up.

When Buffet's share has lost half of its value during financial crisis, it was helicopter Ben saved him, so he will dedicate his life to fiat money in return  ;D

Statements like this from him only brings more awareness to bitcoin.
So he thinks he is harming it while in fact he is promoting it because gen-zer's will do completely the opposite of what he says, since he is old and has crabby points of view of how the world is now.
Back in my time  ::) blah blah blah

It will not happen, Bitcoin is way too risky for him. It could turn out to be a great investment for some one as wealthy as he is. He can throw in $1 or $2 billion and get himself a massive stake in Bitcoin.

Definitely he bought a few. He used them to buy Viagra and Cialis on the Dark Market. Even Warren likes a real bargain.

No he is not.He is already retiired.He and his fund always are buying assets what are paying dividend
Bitcoin is not asset,bitcoin is money a currency

He can pay any of black or sex shop item with cash without left a trace from his cards,or he can easy send an employer to do the task ,soo why would such personn get into bitcoin ?To grow the fortune;for fun ,makes no sense he doesnt need to try bitcoin,but he could take a look and make his own coin backed by real fiat.