Bitcoin Forum

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https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

Reading all those posts on a matter I find not really controversial reminds me how childish we can be sometimes. I don't understand such a debate...let anyone say whatever they wanted to say about Bitcoin because eventually as years would go by Bitcoin can always vindicate itself.

Bitcoin is not perfect and in fact Bitcoin is not for everyone. There are people who don't believe in Bitcoin and that is perfectly fine. There are countries who are threatened by Bitcoin and so they block Bitcoin and that is fine with me. Without these people, Bitcoin can go on and on. In fact, having people who are not really helping Bitcoin can even add more problem and pressure to the boat we are in.

However, I find it refreshing how people in Reddit can get so emotional over something about Bitcoin. That is actually good as we need an active, bubbly, loyal and defensive community around Bitcoin.

I have no idea who Charlie Munger is but people are claiming he was the one who said that and not Warren buffet. I also see no difference personally, just because he is a legendary investor, It doesn't make his words 100% true, he could be right or wrong just like anyone of us, It will take time to know for sure. It's no secret that some people are trying to spread FUD though and no one should take it seriously.

This statement was made by Charlie Munger about four years ago, it might have been somewhat controversial if he had said something like that now. But four years, just irrelevant.

https://www.reddit.com/r/Bitcoin/comments/1dx6rq/bill_gates_bitcoin_is_a_techno_tour_de_force/

http://video.foxbusiness.com/v/2359385547001/

Warren Buffet has always told people not to invest in things they don't understand.  In that case, I suppose he's following his own rules by not investing in Bitcoin.

But he really needs to set himself some boundaries as to what he says about it.

What he actually did call Bitcoin is a "mirage" and argued that it didn't have intrinsic value.

No fucks given what some ancient dinosaurs think about future technology.

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Thanks for your answer it was of big help. Me and my colleagues were already debating and started to make our cursor move and look for the real culprit in google. But as soon as you mentioned it our debate stopped. Well maybe today Charlie Munger changed his mind already since bitcoin has improved a lot since then.

Warren Buffett is first known and later renowned as a technophobe

Even if it wasn't in fact him who told that (which seems to be the case), we could well expect him to say something to that tune. Buffett is famous for his rejection and hostility toward new stuff (when it was really new back in the day), for example, things like Google, Twitter, Facebook, etc, i.e. anything which is not based on material things like heavy industry and manufacturing. He himself admitted that he was afraid of investing in hi-tech companies out of concern that the tech markets are changing too fast (like Bitcoin) and he didn't basically know how to value these companies. Anyway, he is likely already out of his mind completely due to age and decay (unless he is on some really radical life extension stuff), so does it really matter what he says now?

Well, that's part of their freedom of speech.  ;) Everyone is free to voice out their opinion. Let them be.

Words don't break my bones. What's the fuss about such a nuisance remark?

At the end of the day, they cannot deny the fact that bitcoin is not just flying but soaring high. The world is slowly opening up to bitcoin.

Every person should have their own opinion on any kind of investment and not always it can be positive. Everyone must decide and learn to trust intuition where to invest their money. I trust bitcoin not looking at bad or good reviews.

Why does it matter what these people say? It is far from the prevailing opinion. It is important to consider all sides of an argument but also one must critically assess what argument is being made and there seems to be little substance behind this

We really can’t expect Warren Buffett to change his views and opinions about bitcoin, or anything that has to do with modern technology, for that matter. The man made billions from analyzing and studying companies, that for him, were more predictable and easier to understand. His strength lies there and he can’t be blamed for not being sold on things, that to a man his age, moves so fast (like bitcoin and the internet, and most things invented by men these days).

the question that we should ask is not about if the view is correct or incorrect, good or bad.
but instead the question that we should be asking is "why someone says what he says, and what is the benefit of saying it by time he says it". if you find the answer to these two questions you will start peaking behind the curtains instead of just seeing the outer shell!

One article stated this, "91 year old billionaire Charlie Munger has referred to Bitcoin as "rat poison". His friend, 84 year old Warren Buffett has said Bitcoin is "not a currency" and advised people to "stay away from it". Also alluded that, "I was warning people of this scam here when Bitcoin was over $460 ( https://news.ycombinator.com/item?id=6753545 ). It has since fallen to $290. It will be falling to $0."

That really is a mind twister opinion from a billionaire.

This is no longer the case

Everyone can make mistakes and, as they say, to err is human. When Warren Buffett was 84, it was 2014. Back then Bitcoin was quickly spiraling down after the Mt. Gox collapse, and not many people had been believing in Bitcoin those days. Buffett is a known technophobe but even he seems to have changed his view on Bitcoin recently. And let's not forget that he missed out badly on Amazon and Google back in the day

I think some person who might have suffered due to price fluctuation in bitcoin might have said these words.But it is not true.If we ask people who have progressed much in life due to bitcoins,they might say whether bitcoin is a rat poison or a cure for unemployed people.

Who gives a shit about determining the identity of someone who said something negative about bitcoin? If you think bitcoin is rat poison then sell it.

but bitcoin IS rat poison. and it is not a bad thing. you just have to figure out what does "rat" mean :D

in this case bitcoin can potentially kill banks and banking system which makes them the rat. which is why we are seeing this much attack on bitcoin. i somethimes wonder how much of the delays for scaling bitcoin with SegWit were caused by these rats because they felt threatened.

Poison that will make people do not believe, they will say "whether bitcoin is rat poison or medicine for unemployed people"

This is what other thinking that bitcoin is a rat poison. Its a rat poison that people pocket will full of bitcoin, though we cannot predict its price  but for sure it will rise. It will rise as many people will benefited of it, if holding with patience thats for sure we can earn big profit.

Charlie Munger is a 91 year old millionaire, I think he is now in hallucination because of his age! Bitcoin is not a rat poison, in fact more people now are getting rich because of bitcoin.

A lot of negative things have been said about bitcoin before, and maybe a lot more will be said in years to come. Does it matter? To those who does not know the technology, yes. But to those who is well versed with bitcoin, it does not.

True, bitcoin is not a poison; on the contrary, it is like a medicine, a new direction for the poor, just as they have the knowledge to use bitcoin, they can change the life of they. I am also such a person.

In fact, Charlie Munger is 93 already

http://s018.radikal.ru/i504/1707/66/d752f9ca1657.jpg

As to me, he is not decrepit or senile at all, and he doesn't look like he is out of his mind either given his age. Heck, he looks pretty good and agile even for a 70-year old. He and his buddy Warren Buffett must be eating babies on mornings and drinking blood of virgins on evenings to keep themselves in a good physical and mental shape. It kinda seems that money can now buy health and eternal youth too (and he looks quite happy as well)

Im not sure if it can buy yourself eternal youth, but for sure can buy yourself an eternal damnation. Lets just leave it like that.

What good is that to win yourself a world and lose yourself a soul?

About the bitcoin being rat poison. Maybe. If we define rats as a scavengers than ok - some of the bitcoiners must be some form of a rat, that prey uppon the rotten body of a bankster cartel, and hoping it would finaly die, to scavange upon its corpse.

Banks will die either way. That world cannot survive the form it is. Even if you kill all the rats. That is big if. If bitcoiners are the rats. I would say its the bankers that are praying on the death body of the world finance and are far worse than any bitcoiners might ever be.

Berkshire Hathaway has significant holdings in the banking sector, for example Wells Fargo and Goldman Sachs.
Thus I think Warren Buffett and Charlie Munger know perfectly what Bitcoin is. They just consider it a threat for their business.

Yes,it is just his opinion  about bitcoin and nothing else.Its not a must for every one to agree with his opinion or else,his opinion only is correct.Bitcoin has already crossed those early stages when it darely needed the support and tweets of big industrialists,ecomists,etc.Bitcoin has already proved its potential and the rocket bitcoin has already left the land and is on the way to its journey towards the space.So,here after,no neeed of such quotes from such big persons needs to be given attention.

 I agree to this. Not because you are one of the superiors in a certain platform everything you say the is true that is just so funny. Unless you give valid reasons and scientific  basis of evidences which may increase your credibility

I highly doubt they think it's a threat to banks. If that were the case,  they'd switch their investments over to bitcoin.  I have great respect for Warren Buffett.   Charlie Munger too, to some extent,  but he's an old curmudgeon and I don't doubt he called bitcoin rat poison.

As Paracelsus stated: "All substances are poisons; there is none which is not a poison. The right dose differentiates a poison and a remedy."
The same also applies to financial instruments and policies. Quantitative easing by the Fed done in the right dose is a remedy, done too much it is a dangerous poison.

Thinking that Crypto is the answer to all challenges is poison. Using Crypto to give the rest of the global population access to finances because they cannot have a bank account or no banks are operating is a remedy.

Bitcoin is not the answer to everything.

Unless you are calling banks rats, then no. Bitcoin is a bank poison... lol. Think about how much money is in Bitcoin now that would actually be in banks if Bitcoin didn't exist. They are losing more and more business every day to crypto. And it will continue to be that way as far as I can tell. :P

Hello guys,
I do not know why bitcoin is called a rat poison.Tell me if someone knows please.But as much as I think,It is like a type of poison to some government.

BTW: I love Warren Buffet, Charlie Munger and my grandfather, here is why:

When I graduated from University in 1985, my grandfather gave me the choice of two graduation presents:
a) 1000 US Dollars in Cash
b) 1 stock of Berkshire Hathaway Inc. (nowadays traded under ticker symbol BRK-A)

Option a) would have solved many of my dreams immediately and option b) had a caveat: my grandfather would only transfer that one share to me after exactly 10 years. As he was a wise man, I went for option b) plus a graduation beer at the local bar.

10 years later he gave me that one stock which stock value has multiplied 10 times to roughly 25'000 USD. I still hold that one stock today, which is now worth 268'000 USD as of time of writing this post. That is the only stock of BRK-A that I own, but I own many different assets that I gobbled up during my professional work life so far. So that one share framed my thinking about investing for the long term.

As I built my career in Information Technology and Finance, I am a strong believer in the potential of crypto assets and currency. So I made some 5 years ago a highly speculative diversification in buying some bitcoin and every quarter or so I bought some additional coins. My learning was that it does not matter whether you buy at 1$, 100$, 1000$, 4047$ or 10'000$, the key is that you buy and hold the stuff that you believe in.

Buffet and Munger might be right or wrong about Bitcoin and it does not matter for me. It is my life, my money, my risk, and my dream, and I give a s*** about what other people think.

What a story, man!
Your grandfather was very wise to buy that share when it was cheap. Good for you that you were wise as well, despite you were young.

Who cares? If they do not want to join the party and enjoy free money then that is their problem, some may argue that they are rich enough and they do not care but believe me rich people like them only care about producing even more money and they are going to regret not getting into bitcoin when they could single handedly buy an enormous portion of the bitcoin supply.

I think this is the main reason that such articles sometimes appear.
Banks thus try to prove that bitcoin is a dangerous coin and can not be used by it. But for real bitkoin enthusiasts, such articles do not work

Looks like useless topic to me. Why would anyone call bitcoin as rat poison and what does it implies to really? Does it mean that bitcoin is bad ass and we are the rats? If that so then this is ridiculous stamens for sure. As far as I know bitcoin, it is the charm of crypto currency world and I would love to respect it for everything that it has given to me up until now. About the Warren buffet, he is rich guy and he will never talk something rubbish like this. Hope this epic gets locked soon. There is no point.

You obviously forget about the size of their wealth

While it may be true (to a degree) that rich people are looking for ways to become even richer overall (though, for example, Bill Gates doesn't quite fit here), Bitcoin is just too small for them and people of their caliber (I apparently refer to Warren Buffett and Charlie Munger here). Or are you hoping that they will pour their billions of dollars into Bitcoin, and the price will hit the sky, so you will profit handsomely? I guess your hopes are futile, and they won't let you (or anyone else, for that matter) to profit off them. They are ruthless and relentless sharks of investing, not some small fish to get eaten

This statement has also annoyed me a little bit. Talking such nonsense on a forum which is just for bitcoins, OP has either guts or zero brain cells but he is surely out of his league here. I have learnt about many crypto currencies but bitcoins are the best. May be he has a gambler who has lost his BTC and now he is a beggar cursing bitcoins instead of himself.

he forgot the /s

You've got a point there, some people are always looking for ways to become richer, even tho they already are.
Duh, they never get enough of it, huh?
But in that case, is it really not possible for them to invest in bitcoin?
I know they are not that kind of ppl that wants to set their eyes into 'bitcoin'.


 

Don't these people have better things to do then argue about nonesense. If you want to make it in the bitcoin world you can't listen to what people say or you will fall short to the naysayers and such.

I really don't agree with the opinion that bitcoin is a rat poison. I think someone that thinks like that besause they don't know what really bitcoin is. In fact that now there are many people who wants to know more about bitcoin and wants to seek bitcoin.

For me its totally rubbish. Say what they want against bitcoin, and the more people will become curious and buy them. I have mad respect for the two. But its over board regarding what they think about bitcoin. Maybe their mind is already clouded because of their age. But for us youngsters here, we don't think bitcoin as poison but rather an antidote to the ever grower control of government on fiat. With bitcoin we have total control over it, and unlike if we deposited our money in a bank, interest rate as so low but bitcoin is a better alternative for us. I guess we just have to take their opinion as it is, but necessary believe in them.

Sometimes we can't force anyone the sense of believing things even if we wanted to. That 4 years ago and I would presume/probably he thinks the other way around now. It might be but as the prices and popularity as of this moment there is a chance for him to make his mind to bitcoin investing.

Sometimes, the best answer is to stop responding. Also, it is best to not push anyone for a task against their will. If somebody hates bitcoins today, let the time teach them the importance and significance of bitcoins. As far as I am concerned, I am an admirer of great inventions and bitcoin is one in that list.

Someone who doesn't understand crypto currency might say that it isn't reliable and some kind of fraud stuff. And Mr. Buffet made his money in the old economy, with stocks and not with Bitcoins. So he is a great advisor and expert when it comes to the stocks market but he hasn't much to say about crypto currencies.

Is Bitcoin a rat poison? This does not even make sense. Rat poison is something we use to kill rats in your house, etc. and Bitcoin is a cryptocurrency... hahaha

I agree with this. If only Bitcoin could cause governments to outlaw fractional reserve banking. This thread gives me an idea for my "rat rid" domain name.

What's the big deal about that? That is an opinion. Opinions vary. There are sound opinions, there are also shallow ones. Their are opinions coming from narrow-minded ones, there are are also coming from well-informed and brilliant people. It's up to you to decide which one is that.

There is no such thing as fractional reserve banking in today's world of fiat not backed up by anything with money created right out of thin air. It is a concept from the past which is no longer valid. Bitcoin as such proves that story since it is basically created out of nothing itself, so if anything it would be substituting one crap with another. Rogue miners conceptually are not very different from rogue bankers. Just like bankers abuse their power in creating excessive amounts of fiat, miners walk essentially the same route by diluting Bitcoin value via creating alternative Bitcoins (what we have seen so far may just be a beginning)

Bitcoin is rather a snake oil than a rat poison

Well, Warren Buffet is a value investor. He invest in things that he thinks have a lot of value (companies that make valuable things and such).

Bitcoin is more like something that represents value, but does not have much value in itself. Bitcoin is money ... I read him (Buffet) say that the value in Bitcoin is in its ability to carry value (transfers, anonimity and all) but that did not justify its high price right now.

Yes.

Bitcoin is a rat poison.
Ethereum is a mouse poison.
Bitcoin Cash is not poison (it is nothing). hahaha
Litecoin is ant poison.

Why would Bitcoin be compared to rat poison? :D

So I see, many people have their own different views on different kinds of currencies and different issues in life, it might seem like  a rat poison to other people but to others it is their source of living, their only hope of becoming rich.

I think we should agree with Buffett here

At least, with his words that current price of Bitcoin doesn't quite match its "ability to carry value". We have to admit that Bitcoin is just a speculative asset which is not used for the purpose Buffett mentioned and which had been envisaged by Satoshi himself. Both of them talk about using Bitcoin as a means of payment and exchange (basically, as a fully developed currency), but we are nowhere near that, therefore the current price has nothing to do with that either

Why do you say that bitcoin is a rat poison?
Toxins are unlikely to be profitable like bitcoins

Bitcoin is bank poison.

Charlie Munger is a stupid old man.

Him and Buffett are supremely overrated in the investment community and I am tired as all hell hearing their names on a daily basis.

Buffet put half his net worth in one company and got lucky. he is not "The greatest investor ever" - he is a stupid old man that got lucky, then used billions to make super long term investments than anyone could have done with that much capital.

If he had to do it all over again he would have no clue where to begin as he has no idea the world in which he lives - he probably still uses a "word processor."

I agree with this, I like freedom of speech and if I have the freedom to say bitcoin is great then someone else needs to have the freedom to say negative things about bitcoin, we may not like it and we may disagree with it but this is part of a civilized society, however it would be a good idea to have a compilation of all these comments by important people just to see if their predictions were right or to see if they change their minds.

I agree that people should have freedom of speech and should be able to say whatever they can.


But I don't think Bitcoin is like rat poison at all.

Justsomething that came to my mind after reading this thread:
The filthy rich elite is living at the expense of the masses, like rats that are stealing grain from the cows and pigs in the barn. Bitcoin being compared to a rat poison makes the whole thing kind of funny, don't you think? Bitcoin reaching astronomical prices will mean less money and power in the hands of the elites, a better distribution of wealth, less grain for the rats. Sadly, Warren won't live to see it.

well after this point it doesn`t matter whether it is x person or y person and as an investor I always ignore this kind of sayings because they are saying the same shits since the beginning of the previous year and btc has proven itself.

I also read that Charlie Munger is the one who said that. Every person has their own freedom to speak. I think it is good when someone bubble about bitcoin because people will get more interest to bitcoin. But I think bitcoin is not a rat poison. Bitcoin can't be compare with poison because poison is a bad thing. Bitcoin is not a bad thing at all. It's normal if something big and great has opponent that will make bad statements to against it. 

This is a 94 year old man who couldn't install microsoft office on his own computer if his old salty life depended on it.

Who in the hell cares what he has to say about one of the most advanced and widespread reaching inventions since the internet?

The whole investment community acts like him and stupid Buffett are like Master Splinter - I have said it many times, the way they amassed their wealth was not exactly breathtaking - they used vast resources to take big risks and then when it worked out for them they went around telling everyone to be conservative investors and just wait a million years and it will work out.

As an investment professional I cannot tell you how annoying it is to have to hear about these two idiots every single day. Imagine you are a sysadmin or cryptographer and have to hear about what an amazing person stupid steve jobs was every day. He invented a big trapped "ecosystem" that forced you to pay more money for one mouse button. Shut up already jesus horatio christ on a crutch.

Yeah, people who are stupidity about the technology won't give a shit about this system can change the world, change the future.
They just simply want to do it in the classical way than changing into the better one.
Sometime i do hate these kinds of people but then i feel sorry for them and no more hatred.

exactly Bitcoin as the years pass by that is how old and strong the blockchain is becoming, let them say and debate what ever they want, bitcoin is moving faster and stronger

I invest every deposit for about 2-3 months then try to take everything off if it has the investment to contribute further.

These are just rumors and stupid stunts to demoralize and destabilize the power of bitcoins. But don’t worry, people have already known what all is good and what all is bad. They never underestimate the potential of bitcoins from which they can earn a huge profit ratio. People here in this crypto world are dying just to buy bitcoins, they aren’t getting any harm from bitcoins.

Bitcoin is not rat poison. Bitcoin is a gift for those who are passionate and truly eager to invest in the Cryptocurrency market. However, there are various sources of information that cause negative publicity about the Crypto market as well as Bitcoin. If you feel confident enough, do not hesitate to let Bitcoin harm you. Bitcoin will bring good things to your life in the future.

I do not believe bitcoin is a rat poison. I don't know, how bitcoin is a rat poison. Dear guys, Please explain....

well rat poison doesn't wake me up in the morning to see a bigger wallet, but in some sence it is like a rat race. but in the end are we getting rich or poor?

Completely , perfectly agreed. Bitcoin is not a lethal stuff for human beings. On the other hand,  Bitcoin is making people rich and give people some priviliges in life. That's why bitcoin cannot kill humans . Bitcoin give perfect life to them for sure,

If you want to make it in the bitcoin world you can not hear what people say or you will fail with opponents and such. 8)

I mean don't take it literally. Maybe what the OP means is that bitcoin can make or break a certain people because its involves money. We investment our money on the market, and you will hear people putting it everything and if something goes wrong and you end up with nothing, it will "psychologically" kill you with depression and mental breakdown because of your lost.

There is a lot of negative news about bitcoin before. Perhaps more is said in the coming year. They do not know the technology but they are experienced with bitcoin, it's not like said by people who do not know in detail. 8)

If bitcoin is thought to be a mouse drug, then people taking bitcoin will die. But in contrast I see them getting richer, their lives better. It is not true to say that bitcoin is a rat drug. Rather, bitcoin is a prescription.

Bitcoin and cryptocurrency are under constant attack all the time. If Bitcoin is rat poison then so if the £€¥$¢ etc.

I do not think that's important, most big people are always in the public spotlight. And everything that comes out of the mouth of a great person, will always be debated by the public.

Bitcoin a rat poison? More like a life saver to most people here. The rich and (not so) famous can say whatever they want about bitcoin but none of it would matter. Cryptocurrency is here to stay, they’re not. ;)

I think you're right mate,maybe its just depends on how people approach the existence of bitcoin but for me bitcoin have so many advantages in which it enable to help us escape the curse of poverty.Bitcoins existence gives us the opportunity to become successful someday.Our society need this new trend of currency inorder to help our fellowmen to lift up their way of living.

There are various sources of information that cause negative publicity about the Crypto and Bitcoin markets.

Bitcoin is not a rat poison. Bitcoin is a gift for those who are passionate and really want to invest in the Cryptocurrency market.

The presence of Bitcoin gives us a chance to be successful someday.
Bitcoin will bring good things into our lives in the future.

Bitcoin is because as a national currency we buy it using the national currency for usd and then buy it to trade it, it is a tool to earn a hungry income for investors, you can use it It is not a poison

Bitcoin is not a poison, this time to judge,
But now, Bitcoin is still a good investment product, which is a good opportunity for investors.

All those statements are being proved wrong by the consistent growth of bitcoins. I will not be surprise if he himself has invested billions in crypto.

Reading all those posts on a matter I find not really controversial reminds me how childish we can be sometimes. I don't understand such a debate...let anyone say whatever they wanted to say about Bitcoin because eventually as years would go by Bitcoin can always vindicate itself.

Calling bitcoin rat poison is a bit extreme. But at the end of the day, we are all entitled to our own opinion. We can’t please everybody.

I don't understand why their are some people always criticize saying negative information about bitcoin. Why they hate bitcoin...in fact a lot of good opportunities that we can get in bitcoin through investing our money and in return we can get more profits.

It does not really matter who said that, what it matters is if it is true? And that is not the case, bitcoin is the cure to the sick economic system but those that benefit from it do not want it to change since they are getting incredible profits out of it, they see very clearly the potential of bitcoin to change the economic system and that is why they are so against it to the point of throwing at it such a ridiculous insult.

A lot of old negative Bitcoin threads getting bumped today.

i think because bitcoin uses a decentralized system, in contrast to the current bank system, plus the government has not had a good policy with cryptocurrency, so there will be many who want to drop it

I haven't heard about this topic. This seems to me a nonsense childish topic as others would call it. How controversial is bitcoin after these? Did it change the price of bitcoin? How many rats were killed? The best thing to do now is to move forward and not to take this seriously. This only adds to hot heads. Maybe ut would be better to dismiss this at once.

No no, Bitcoin is the rat poison. Warren Buffet is the rat.

I mean if you want to play that game. Personally, I respect Warren Buffet a lot, but it doesn't mean he has to be right about everything. It's fine to think somebody is smart and value his opinion yet disagree on something.

You will not be able to collect much useful information in life if you stop listening to smart people on the first thing that don't fit your worldview.

It's not surprising Warren Buffett is skeptical of Bitcoin. He is a numbers guy. He doesn't invest in any companies that have not been profitable for 10 years running, and he makes a decision after carefully looking at the fundamentals of a company, including its profit margins, debt, competitive advantage. He is a smart investor. It's one thing to get lucky on any investment, it's another to consistently pick winners like Warren has for decades. It's not a secret. He is a safe investor, a patient investor. It has paid off for him. He wouldn't have become a billionaire by jumping on every bandwagon that comes along, even if that means he misses some great opportunities. He sticks to what works. So, just because you disagree with him, you cannot deny his credentials, and it should be obvious why he would dismiss crypto currencies in general.

Schizo.
https://www.urbandictionary.com/define.php?term=schizo

If i may: You love his money.

Does the expression "grandfathered in" ring a bell ? That is when your tales becomes the truth.

Some people give bitcoin poisonous substances like mice, but I do not think like you, you can have different views and thoughts as well as you may have different preferences but do not say bitcoin is the drug poison

bitcoin does not seem to be just like poison but bitcoin is more like an addiction that makes people become addicted because it can benefit very much.

There are many debates that we hear about bitcoin (bad or good) but we cannot stop the bad news when it's been cluttered. Many  negative people  that want bitcoin to break down and get bad information they need to say bitcoin scam. But because of the fakes account in social medias the positive trust for bitcoin is in the less.

Nice answer, and yes, since opinion in the net is very open and we have the freedom to voice out, we can say our opinion in a certain topic or issues in the society, so if you are the reader don't focus on some negative ideas focus on things that might help you decide for your future.

who knows if that story teller warren buffet dont invest in bitcoin?this is anonymous and we dont know who's investing or not and i believ that buffet is just making statement to clean hes hands about bitcoin but on the other hands hes earning or benefits in our community here

bitcoin is not a rat poison, because work in bitcoin is very petrified people who do not have a job, and also bitcoin will grow, do not argue that bitcoin rat poison.

It is a full time job which many people are doing it. They have left their own job and started this as a business and are happy to do that. Though currently being the slack market due to which earning has gone down but it is a part of the volatility which cannot be always same.

And after more than 1 year after this controversial statement, bitcoin is still here and the attack continues coming from Warren Buffett and Jamie Dimon here: (http://fortune.com/2018/06/07/warren-buffett-jamie-dimon-bitcoin-beware/). But its interesting to note that WB has a change to get into the bandwagon early (2013) when bitcoin was price at $130 but decided not to do so, missing potential profits of 4,000% when bitcoin hit its peaked in December. (https://dailyhodl.com/2018/06/27/warren-buffett-decided-not-to-buy-bitcoin-at-130-in-2013-missed-4000-gains/). Maybe now we know why those traditional investors doesn't like it, because they decided not to buy early that should have made them more money.

warren buffet denied all technology shares earlier now we can see the position of technology now he commented on future of money bitcoin with rat poison but sooner or later he will be feeling regret by saying this

The problem is that he is making comments about something that is outside of his area of expertise, he is a fundamental investor so something like bitcoin is not something in which he will ever invest and if that is the case why he does not leave it alone, let others that like to invest in high risk investments or startups to express their opinions about bitcoin and its technology.

there are people who call it that. because when they first invest in bitcoin and they can profit, they will continue their investment. with the possibility that bitcoin prices could drop drastically and suddenly, they would call it a scam.

In my own opinion, bitcoin is not a rat poison but you can lose a huge amount of your investment if you keep on selling your coins at its lowest price when you feel pressure in the market.

Ah! Now I get a new term for the bitcoin. Some days that bitcoin is a bubble which will burst away any time, some call it a Ponzi scheme, some call it a chit fund company and now the new name that is a rat 🐀 poison, a slow poison that will kill people later on and now people are finding it good and tasty and I think what the hell , what has happened to the people around and to what extent they can say negative about bitcoin, all I can say that I am getting benefited by bitcoin so I love it and I also suggest everyone to invest in bitcoin.

Cause we have a dream that bitcoin and technology. I even though, but we should do that for you can get your teacher. Cause I think it will be risen by about a great mind. I believe the future, I believe that bitcoin and technology. I do a lot more to the market is not a lot of cryptocurrency

It does not matter how you call it - the full-time job or even a kind of a hobby. In any case, it cannot be called ever any rat poison. Bitcoin is our future.

I think that bitcoin is a new opportunity for all of us. and what others say there - it does not matter.

I sincerely believe their is freedom of expression and right to your own opinion. A lot of people said Warren Buffet is the man that call bitcoin a rat poison. This is his opinion and he has right to call bitcoin any sort of name he chooses just because he didn't believe in it.  However,  this should not cause or lead to any FUD. Whether bitcoin is a poison(rat) or not,  time will tell and it is only bitcoin itself that can vindicate where it belong.

Cause we have a fantasy that bitcoin and innovation. I despite the fact that, however we ought to do that for you can get your educator. Cause I figure it will be ascended by about an awesome personality. I trust the future, I trust that bitcoin and innovation. I complete significantly more to the market isn't a great deal of digital currency

People call this in many ways.Many people are pleased with this, and some are also not.Perhaps this can't be compared to that name, but today people use all kinds of expressions.

He's always avoided the tech sector completely with his investing.  He had chances to invest in Google, Amazon, Microsoft, but he doesn't understand these companies so he wont touch them.


Yes he may call bitcoin a bad investment but he doesn't fully understand it so you can't take his advice too seriously.

He is a traditional man and it is obvious people like him will always want to go against new technologies that has to do with the finance section disruption. However, a time will come when they will definitely be faced with reality anyway and they really won't have much to say that to regret as you have said. I believe their own idea of trying to deny the obvious rather than embracing it makes their mind itself a rat poison.

bitcoin is not a poison it is a perfume bottle if you like it it will make you smell and attract more people i like bitcoin and i will invest bitcoin sôn in future

They simply reject the very idea of ​​bitcoin, therefore they endure such critical conclusions ...

On another hand we are having so many of worldwide known specialists and experts on economics saying completely opposite things about bitcoin and having a positive attitude towards that.

Even if the statement can be credited to Bill Gates, it does not mean he is remotely close to being true.Bit is simply amazing,no matter what some persons are saying

Yes, he will call it a rat poison. But do not act surprised if he has got a stock of this rat poison purchased in decent volume already.

You are very right. It does not matter how you call it. It is important that people think differently. So BTC is the expectation of the future. An opportunity for the community, enthusiasts of this market.

This just means that bitcoin is dangerous. Poison, means dangerous. In fact, bitcoin is not dangerous because it makes people make money. It makes people very happy because they get money easily and fast. I will example myself. At first, I do not trust any cryptocurrencies because I thought that they are all scammers. I thought that they will just hacked your money. But when I use this bitcoin and started to earn money. It really changed my life. I trust bitcoin now.

Bitcoin is a rat poison, it's just a joke. Bitcoin is an advantage and can benefit those who have it, bitcoin is more appropriate as a remedy for treating poverty.

You seem to be contradicting yourself. You first call bitcoin a rat poison and a joke and then say it is an advantage which can benefit those who have it. I do not see how an advantage should end up becoming a joke in the end. Nevertheless, there is a whole lot to the value that bitcoin offers and those who could not see that and ended up calling it a rat poison for a reason best known to them will always have themselves to blame at the end. I am sure a lot of people missed buying into amazon or apple stocks because they always end up seeing the negative side to every opportunity opened to them.

Actually bitcoin is not a rat poison, infact I considered bitcoin is a savior to the people who really need money for their financial needs and want's. This creation is the answer to our ambition to have a better life. So for me no matter how some people throw negative information about bitcoin. But my self say bitcoin is good and precious.

Bitcoins is not a rat poison because there are a lot of people that has already been helped by different people who are working on the corporate world and just earning a small amount of salary.

bitcoin like candy it can be sweet at the bitter investors who have invested in them will receive many offers they will be happy to get interest and vice versa so bitcoin is not poison