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Bitcoin => Bitcoin Discussion => Topic started by: Mary Ofosuhene on May 31, 2018, 06:11:27 AM



Title: Why is Bill Gate against investing into bitcoin?
Post by: Mary Ofosuhene on May 31, 2018, 06:11:27 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: mk4 on May 31, 2018, 06:14:44 AM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: viyumztf on May 31, 2018, 06:26:55 AM
Bill Gate may not understand the real block chaining technology. Their knowledge of bitcoin is only in some social media propaganda. It is understandable that people who have large fortune usually hate risk.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: lekleklek on May 31, 2018, 06:33:48 AM
People like Gates also have so much skin in the game with Fiat that its a big leap for them to get on board with BTC.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: asdep on May 31, 2018, 07:02:19 AM
Bill Gates said that is not without reason, there is a good reason too.

In an interview, Bill Gates said that the anonymous nature of blockchain technology as a basis of cryptocurrency could have a very bad impact.

"The main feature of cryptocurrency is its anonymity, which I think is not a good thing because it can provoke more crime, terrorism, and tax breakers," he said.

In addition, the utilization can also give a very horrible effect for users, one of which is losing his own life.

"Currently, cryptocurrency is used to buy fentanyl (a type of pain relievers) and other drugs, so it can be said this technology can cause death indirectly," he said.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Muktar on May 31, 2018, 07:53:05 AM
who must be bill gates is a bitcoin haters, he even said that bitcoin can kill people, indeed he is a billionaire but should not say like that


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Hellobx on May 31, 2018, 07:56:43 AM
Most of the time, these people don't like bitcoin because it's unstable.
However, bitcoin and blockchain are inseparable, which is the most important point.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: lizardbtc on May 31, 2018, 08:00:19 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Because the guy already have money and doesn't need it much. Even if he thinks this whole scene will fly off in the future he goes to the safer route. Once you have big amount of money you would not care about a cahnce to get 10x on your money in the risky way, but you slowly lean towards safer methods which have proven to work over time and which will generate you money in the long run. In life money is not everything and since Bill is in that point in life where he has more than he can posibly spend why invest into bitcoin for money as he doesn't need it? I think that if we ever see mass adoption of crypto Bill will gladly use it but until then better not tuch this space.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: mk4 on May 31, 2018, 09:51:25 AM
Bill Gates said that is not without reason, there is a good reason too.

In an interview, Bill Gates said that the anonymous nature of blockchain technology as a basis of cryptocurrency could have a very bad impact.

"The main feature of cryptocurrency is its anonymity, which I think is not a good thing because it can provoke more crime, terrorism, and tax breakers," he said.

In addition, the utilization can also give a very horrible effect for users, one of which is losing his own life.

"Currently, cryptocurrency is used to buy fentanyl (a type of pain relievers) and other drugs, so it can be said this technology can cause death indirectly," he said.

Bill Gates as a HUGE technological innovator, that's a very ignorant thing to say though. He sure does well know every single technical advancement has it's own disadvantages and sort of "loopholes"(for a lack of a better word) that could be used in a negative manner (e.g. computer/www for stealing money, identities, etc).

And I think people who buy drugs and other illegal stuff uses Monero anyway.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: karashika0577 on May 31, 2018, 10:25:25 AM
Fearing is the mother of invention, this rule also shows that those who have a great fortune are afraid to take risk. This can also be a reason. Or other reasons such as instability, the risk of losing time, the possibility of getting less profit, or the fear of losing due to already possessing wealth.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Tankdestroyer on May 31, 2018, 10:27:53 AM
Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
He is not interested in bitcoin because according to him, it lacks actual value. Somehow, I understand him because it is mainly used as a speculative thing right now, and not as a currency.  Nevertheless, I think bill gates will soon get interested in it if btc becomes widely used to buy goods and services. Here is another relevant article (https://www.cnbc.com/2018/05/08/what-happened-when-bill-gates-got-bitcoin-as-a-birthday-present.html) that might help you know more about his reasons as to why bill gates is against in investing into bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: reverseflash on May 31, 2018, 10:44:04 AM
Perhaps process of search of new opportunities of earnings is not interesting to Bill Gates any more and he are content with what is?


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: collision00 on May 31, 2018, 10:45:44 AM
Most rich individuals like Bill Gates and Warren Buffet are against putting resources into bitcoin or cryptographic forms of money as a rule as a result of the immense dangers because of substantial instability. I'm extremely bullish on bitcoin and digital currencies, yet it's without a doubt an enormous bet. "Moon" and "lambo" picks up aren't ensured. We're simply practically theorizing and trusting that it would in fact ascend to high costs.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: charlotte04 on May 31, 2018, 10:47:35 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Because somehow he sees the disadvantage of using Bitcoin but for him blockchain is a good idea and would work for the future.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: catchandeat on May 31, 2018, 10:52:10 AM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

Took a words out of my mouth. It's always a really high risks when you're messing with cryptocurrency but also a high profit if you win that roulette.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: CurrenCyTRR on May 31, 2018, 11:15:53 AM
because it's quite unreal


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Ankhesenamun on May 31, 2018, 11:22:31 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
A lot of problems now also in bitcoin, many actors who confront him, but this coin is still trying to fight for their survival and the continued growth of prices on the cryptocurrency market.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: bman01 on May 31, 2018, 11:22:43 AM
Well, I actually don’t know about this. If it is true. Then I think he should believe in Bitcoin. Anyway, many men many minds. It is his own choice.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: jademacoy on May 31, 2018, 11:28:47 AM
Well there are many ways to isolate oneself in joining cryptocurrency as to adhere ones security especially that Bill Gate is one of the richest man in the whole world. So we do not know that Bill Gate does invested in cryptocurrency and just deny it to everybody for the security and to keep some of the investors on their accusations against big whales who are manipulating bitcoin market price. This could only be a fraud to keep and support bitcoin indirectly as what it is today.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ulakudrakova on May 31, 2018, 11:45:12 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Don't believe what the media is saying. It can say anything but actually has 1 million BTC. As quietly went and earns big money.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: THATBTC on May 31, 2018, 11:46:43 AM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

Yep, this is the most important reason i  guess


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Caesar Cung on May 31, 2018, 11:49:19 AM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

Yep, this is the most important reason i  guess

Bill Gates says Bitcoin is attractive because it's so cheap, Bitcoin is better than real money, you do not have to come in and of course, with big deals, the money is awkward. Bill Gates reiterates his point. The cryptocurrency in the speech summarizes the main idea at the end of the conference. He insisted that in the future, financial transactions would be "digitized, globalized and almost free, Bill Gates emphasized Bitcoin's transaction cost reduction but did not appreciate the when using this type of money. He hinted at some of the allegedly malicious use of Bitcoin


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: donalfonso on May 31, 2018, 11:56:00 AM
Its normal for people with the clout, wealth and resources of Bill Gates not to invest in what they cant control and any scheme for which the founders are anonymous. If I were Bill Gates I will probably say the same thing.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: batang_bitcoin on May 31, 2018, 12:14:48 PM
I'm confident before about Bill Gates as he stated that he was a bitcoin supporter but there's a sudden change.
I know on how Gates is knowledgeable with bitcoin but it can be an insider that he has some plans of making his own coin or he just want to pull the price lower. And when he's done, he'll start buying again and will just take back what he said.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: TheMeritedOne on May 31, 2018, 12:56:22 PM
Maybe he doesn't like the risk or maybe he invested and wants to keep it safe 


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Lucius on May 31, 2018, 01:04:03 PM
It's totally irrelevant what Bill Gates or Warren Buffett talks about cryptocurrency, why anybody should be fascinated by their thoughts? They are just dinosaurs who stick to what they know and that is fiat, ultimate god who is irreplaceable with anything else.

It is really funny when Mr.Bill say that how crypto can have "horrible effect for users, one of which is losing his own life"., and that is come from man who is giving billions of $ for depopulation of the world not choosing methods how to achieve that. Some of them are very scary and I bet most of the world would disagree with them.

For anyone who believes in BTC and wish good future for it, Bill Gates and similar hypocrites should be completely irrelevant persons.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Jpja on May 31, 2018, 01:33:00 PM
That's just his opinion. I think it is caused by the ban on ICO advertising in social networks. There are other equally important experts-billionaires, who just recommend investing in bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Catch-22 on June 01, 2018, 09:54:07 AM
Maybe he doesn’t need the money. We all know that he’s retired and just spends most of his time giving away his money to charity and other worthy causes.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Ale88 on June 01, 2018, 04:21:17 PM
I think that Bill Gates is a very smart person on what he usually does, but regarding all the other fields well, maybe he better to shut his mouth since he doesn't look like he really knows what he's talking about.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: KingScorpio on June 01, 2018, 04:24:54 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

bill gates is against bitcoin, because bitcoin creates poverty and wastes a lot of ressorces. he is however not against cryptocurrencies he never was against ethereum also warren buffet was not against ethereum


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: gwapaMe on June 01, 2018, 04:55:00 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
He said that Bitcoin and other cryptocurrencies are kind of a pure greater fool theory type of investment, base on my reading he have also a bitcoin but few years he sell it afterward, maybe bill gates hates long term holding but whatever it is was must respect his opinion about bitcoin,  because  he became a millionaire in different way.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Panjulaza on June 01, 2018, 05:04:07 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
I think his dislike crypto because he does't understand, why people does investment to something they can't touch, see and using in real life. We know he invested his money to maked something real, like windows, computer, zafra with their t shirt, or other company produce like bike, food etc. he does't understand why crypto is unreal product, but more valuable than real company product.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: PAKYU on June 01, 2018, 05:19:17 PM
you know whatever he says. you don't what was his do with bitcoin. maybe he invest lots or he think about investment we can't know anything.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Muramblend on June 01, 2018, 05:23:46 PM
Well, he also did not believe in the internet until it was too late for him and Microsoft...so lets take his opinion on these matters with a grain of salt. It could be that he just does not intuitively connect with technology that is of a decentralized nature.

Specifically, bitcoin: I think he sees it as many people do. The first success in the market but not likely to be the last, as an investor, one wants to invest in the lasting success not the first. I think because of his experience through each wave of technological evolution we have recently gone through, he does not believe that being first is a good thing in the long run.

while I don't necessarily agree with him, it's always important to maintain an open mind and keep an eye on developments in case the landscape changes.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Prodigan786 on June 01, 2018, 05:37:30 PM
We can’t tell what he thinks inside may be he wanted to invest in crypto currency by spreading fud and buy from bottom . Otherwise he could have aggrandising about this unregulated market . As far Bill  gates having lots of charity foundation . He is not much thirsty about money now . May be he wanted to protect innocent people .


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: thamas_22 on June 01, 2018, 10:48:59 PM
I am really shocked to know that a personality like Bill Gates is against bitcoin which is very usefull and at the same time helping million people.I think he does not aware of the usefullness of it. When he get to know about it properly than I am sure he will support it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: KobbyC on June 01, 2018, 11:33:56 PM
Bill Gates is a Great man and people like him very much. But I don't what He said will have, the negative statements He made about BTC will have bad influence on it. BTC is already a king and not ready to die out. I think Bill Gates will understand blockchain later. Let's give him some time. BTC forever.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: clairdelune on June 07, 2018, 02:36:49 PM
Bill Gates is against bitcoin because he think that bitcoin is a poor investment. He also think that investing in bitcoin is crazy, maybe he also don't want to risk his money on investing in bitcoin and he do not believe cause maybe he cannot see his future in investing annd waiting for a long period of time. I think that he is used to big and fast investment return, not in big investment and long return.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: reighbut2017 on June 07, 2018, 02:54:48 PM
Bill Gates is against bitcoin because he think that bitcoin is a poor investment. He also think that investing in bitcoin is crazy, maybe he also don't want to risk his money on investing in bitcoin and he do not believe cause maybe he cannot see his future in investing annd waiting for a long period of time. I think that he is used to big and fast investment return, not in big investment and long return.

Bill Gates is not an ordinary citizen and he is one of the known billionaire today but still he is risking his own money in investing bitcoin it's may because they believe that  bitcoin can still survive and rise to the highest level of profit.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ejswift on June 07, 2018, 03:06:51 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
most of the people that dont need money or what we call rich doesnt need or wants to invest money in online especially if they hve companies that they can get success on


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: sham100899 on June 07, 2018, 03:10:16 PM
Billionaires like bill gates knows that bitcoin is a bubble although microsoft company accepts bitcoin as a payment for their product since 2013, billionaires know that bitcoin is a bubble and it is a huge gamble, but maybe they will develop their own craft with the help of blockchain tecnology.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: orarider on June 07, 2018, 03:54:55 PM
I think Bill Gate investing in bitcoin is a fun signal. He is the richest man in the world. Bitcoin can bring huge profits to Bill Gate. He believes in success with bitcoin. This proves that bitcoin is widely supported.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: rye18 on June 07, 2018, 04:00:09 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

This is a very good proof that bitcoin is really a profitable investment vehicle that even the known billionaire like Bill Gate is also invested in bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: bigmelons25 on June 07, 2018, 04:08:27 PM
His best friend warren buffet stands to lose a lot of money if bitcoin takes over the banking cartles and the credit card companies.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: zwiggel on June 07, 2018, 04:17:56 PM
Bill Gates invests in bitcoin, because he believes that bitcoin is the best digital currency today. Bitcoin has high security. It can bring huge profits to investors. This gives people more confidence in bitcoins.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Slow death on June 07, 2018, 04:22:47 PM
Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

The guy said this so as not to mess up his image on the side of governments, if 90% of all the countries of the world legalize bitcoin, then his opinion will be different, that is, he does not have his own opinion, just say what he said not to look bad governments ... was something like: "I am an example for society so I can not encourage something that many governments do not encourage"

bill gates is against bitcoin, because bitcoin creates poverty and wastes a lot of ressorces.

 :o :o :o

What are you doing here at bitcointalk?


he is however not against cryptocurrencies he never was against ethereum also warren buffet was not against ethereum

because in their eyes ETH is invisible


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: salintheonline on June 07, 2018, 04:53:53 PM
Gates told CNBC that Bitcoin is "one of the crazier, speculative things" he's seen, and that he would "short it if there was an easy way to do it." In the investment world, shorting is when you bet against an asset and make money if its value falls.

"As an asset class, you're not producing anything and so you shouldn't expect it to go up. [Bitcoin and cryptocurrencies] are kind of a pure 'greater fool type of investment," Gates added.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: TahuDiniHari on June 07, 2018, 05:01:22 PM
The easy answer to Bill Gates is, because you are not able to make digital economic innovations like bitcoin. The crypto market could be evidence that bitcoin can exist today, and my hope will continue to exist.  :D


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: cuteboy2016k on June 07, 2018, 06:01:28 PM
People like Bill Gate advising to investors to avoid invest in bitcoin because may be it is very risky and bitcoin is very violate coin and no other coin and shares markets not compare with bitcoin, Bitcoin is first digital currency and its journey only started, may be in couple of years bitcoin will change a lot and big investors will involved in invest in bitcoin and crypto currency, any way the current situation most of people to avoid to invest in bitcoin but this will change soon


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Maestro75 on June 07, 2018, 06:18:02 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
Let Mr Gates invest in whatever company he likes and that will not be breaking any rules if he decides to skip Cryptos. After all I have not heard that he has investment in the porn industry.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: rockie87 on June 07, 2018, 06:23:58 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
There were times when Bill gates and many other influential personalities and business tycoons have rated bitcoin revolutionary and they made lots of profit from that.Earlier bitcoin was not as popular as it is now and was not a threat to the global currencies.There governments were also not against bitcoin so it was all good for these personalities to invest in it and make some money.Now that there is war between most nation governments and cryptoworld,these people has show support to the there government for the business which completely understandable and that could be the reason for bill gates action.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: 5ensei on June 07, 2018, 07:06:26 PM
He is just annoyed that he can't spend a billion dollars to buy it out and take ownership of it. Bitcoin is decentralised so all authoritarians will hate it, and Bill Gates already missed the boat so he's trying to fud it back down again


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Akany on June 07, 2018, 09:51:12 PM
From his comments, he made a statement, he said "you're not producing anything and so you shouldn't expect it to go up" what do you expect from a wealthy man that has lived his whole life believing that for one to have money you have to produce something in a centralized way. For the fact that he is one of the richest man in the world doesn't mean you should take his word for it. He is speaking from what he knows. And it's quite clear that he doesn't know much about the decentralized world base on his comment that he also said if he could short it, he would..


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: liseff3 on June 07, 2018, 10:07:58 PM
Quote
Why is Bill Gate against investing into bitcoin?

Bill Gate opposed or not opposed to me personally will not bring any change. Bill Gate's a rich man a person like them has no interest in the world of cryptocurrency at all in fact he will be closer to the FUD than the user crypto. So far, people who hate bitcoin mostly come from Non Users for example Bill Gate, not from users themselves.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Sihab76 on June 07, 2018, 10:13:33 PM
Bill Gate or most of rich man don't invest in bitcoin or cryptocurrencies because bitcoin and others cryptos are volatile and risks to invest. Moon and dumping are always volatile, so they can't to invest.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: putriliesma on June 07, 2018, 10:16:13 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

That would be great news for people around the world, because I think Bill gates a very influential person about the business of Bill gates against bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: coinholic on June 07, 2018, 10:49:26 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
Bill Gates is not against Bitcoin or Cryptocurrency! He's just against the idea of buying them at the current price which is quite high. Being a tycoon and a foundation in the business world, he is smart to know that whatever he says will certainly make an impact. So if he says something negative about Bitcoin or any other crypto, it will surely have an effect on the value of these currencies. Therefore a price decrease may happen. And when this takes effect, I'm pretty sure Bill Gates will purchase tons of Bitcoins at a lower price. FUD's and fake news are just strategies. Something that we should know by now.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: chayuthjaidee on June 07, 2018, 11:00:15 PM
Thank you for your question, I got new knowledge and I think Bill Gate dont understand block chaining, new technology.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: felipe04 on June 07, 2018, 11:52:30 PM
Bitcoin is more on investing so we can lose a lot of money here by doing that so that's why people don't like this like the rich person Bill Gates

Either we have future or we don't have future here crypto run like no assurance so this is so risky that's idea is bad for other people

In my opinion we can take some risk so in crypto that's only the worth and that's also the negative so invest the affordable that's all we can think in risky things like here in crypto


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: sakamaku on July 11, 2018, 03:43:20 AM
Bill Gate against is investing into bitcoin, because:
- First and foremost, he ignores the fact that all the crimes he mentioned can all be made using paper money. Criminals still use cash to drug trafficking, money laundering and tax evasion until they are discovered by the bank. The crime of using a technology does not mean that the technology becomes a bad thing. Because of that, Bill Gates's company is bad because criminals can use Windows to commit their crimes. Obviously, such an allegation is completely unreasonable.
- Next, it can be argued that the allegations of tax evasion and the death of electronic money are very contradictory. Not because the tax system that the United States can fund the Syrian bombing, which has killed more than 10,000 people this year? Of course, tax collection is aimed at good intentions, just as electronic money brings benefits to society. Gates has overlooked the cutting-edge features of a fast, cost-effective, cross-border payment method, such as electronic money - which the global banking system has, despite efforts, has not yet done. OK. Yet, Gates again voiced criticism over e-money instead of those weak financial institutions.
- Therefore, it is difficult to accept when all the crimes are poured into electronic money.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: dead_m92 on July 11, 2018, 03:49:18 AM
He never said that he is against investing on crypto, why are there still people spreading fake rumours about things that never happened before? Came on guys, stop spreading this


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: UniQue7 on July 11, 2018, 04:14:09 AM
If he does that would be a big boost for btc as in general, it needs someone famous that can support it but at the same time, it is a risky investment.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: tranhieu2799 on July 11, 2018, 05:29:04 AM
Bill Gate against the cryptocurrency coins you can join the discussion on getting information from here: https://bitcointalk.org/index.php?topic=3645967.0


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: necessaryyou on July 14, 2018, 01:59:23 AM
Bill Gates says the anonymous nature of blockchain technology as a basis of electronic money can have a very bad effect. "At present, electronic money is used to buy fentanyl (a painkiller) and other drugs, so it can be said that this technology can cause indirect death," he said.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ryap12 on July 14, 2018, 02:12:29 AM
From what I see Bill Gates cannot  accept the new world entering to digital currencies. Even if he is a powerful and rich person, he cant stop it. His reason that digital currencies are being used to money-luander, buy illegal drugs and funds terrorist are still happening also in fiat. He may be against it but he does not think how many jobs are now offered becuase of the new digital currencies. The new way to help others in dire need. The new way to send and receive funds in the quickest way. There are quite a lot of opportunities opened. Bill Gates is just closed minded with the Cryptoworld. We dont know for sure if he has other reason disliking it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: blckhawk on July 14, 2018, 02:20:58 AM
He is against bitcoin because he said, bitcoin lacks its actual value and that means he is referring to bitcoin's extreme volatility. He is a business oriented man and of course we think he is ignorant on our part. But he has a point. We don't need someone who is actually against the thing that helps most lives that relies on bitcoin. He wants a "sure" thing which is not present here in crypto world.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Bitcoinislife09 on July 14, 2018, 12:18:11 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Maybe because he doesn't know how cryptocurrency or bitcoin works. People like him doesn't get rich by doing such thing. Thinking about the extreme volatility of using it. Well, as a business minded person, he was able to become billionaire through his business itself. I guess that is one of the reasons why he doesn't support bitcoin. Taking a huge risk in a thing which is prone to negative issues and in an unsure system does not make him to promote it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Leezee on July 14, 2018, 12:59:35 PM
Most of the time, these people don't like bitcoin because it's unstable.
However, bitcoin and blockchain are inseparable, which is the most important point.
yea i agree with your view.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: millgates on July 14, 2018, 01:23:08 PM
Invest in bitcoin is very risky. The fluctuations price also very high. We can't push people who don't want to invest in bitcoin, invest in bitcoin is not a must. Whale will makes bitcoin price rise but also makes the volatility even higher.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Phantomberry on July 14, 2018, 01:35:04 PM
I watch some youtube videos that Bill Gates endorse bitcoin as a future payment currency but now he is against of bitcoin i think bill gates realize that bitcoin is super risky for now.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Prince Malik on July 14, 2018, 01:49:28 PM
Because bill gate not need curently to invest in bitcoin and he see that there is many risks to invest in btc... this person made huge profits from the traditional financial system, so he would not see Bitcoin as a source of money this is the reason why bill gate not invest in bitcoin but why againts bitcoin i havn't really any idea


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Prince Malik on July 14, 2018, 01:52:14 PM
He never said that he is against investing on crypto, why are there still people spreading fake rumours about things that never happened before? Came on guys, stop spreading this

Please if you have any other Declaration from bill gate about that give use the link
Thanks


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: clonely on July 14, 2018, 01:54:40 PM
Bill Gates is such a man. After years of opposition, the Android operating system has also advertised it later.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: damrianto on July 14, 2018, 05:54:02 PM
The purpose of the word Gates is bitcoin is often used by some parties to buy goods that should not. That's what makes bitcoin dangerous. Currently cryptocurrency is used to buy fentanyl (some kind of sedative) including others, so this rare technology can cause direct death


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: tombola_official on July 14, 2018, 06:05:27 PM
Bill Gates said that is not without reason, there is a good reason too.

In an interview, Bill Gates said that the anonymous nature of blockchain technology as a basis of cryptocurrency could have a very bad impact.

"The main feature of cryptocurrency is its anonymity, which I think is not a good thing because it can provoke more crime, terrorism, and tax breakers," he said.

In addition, the utilization can also give a very horrible effect for users, one of which is losing his own life.

"Currently, cryptocurrency is used to buy fentanyl (a type of pain relievers) and other drugs, so it can be said this technology can cause death indirectly," he said.
Thanks for share.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: 42K on July 14, 2018, 06:10:14 PM
This man I think is against it publicly but investing in crypto privately. They will tell you not to do it because of security reasons but they will be the ones investing in it massively.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Kira Del Rosario on July 14, 2018, 06:15:59 PM
These billionaires are men of their words. If they know something that isn't good for themselves, they neglect their wants for something that wouldn't help their businesses grow up or their financial state go up. THEY ARE HUNGRY FOR MONEY. Why they'll risks their money?


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Schwabac on July 14, 2018, 06:17:24 PM
It is not so relevant after all, before investing, do you take in consideration what Bill Gates says before putting your money there? It makes no sense, i think that we all should be folowing our own research before investing, and he is nothing to crypto.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Roni116 on July 14, 2018, 06:37:46 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

In the media Bill Gate said that, but we do not know behind him, it could be Bill Gate investing in bitcoin. Bitcoin is anonymous and its owner is very secretive.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Ucy on July 14, 2018, 06:40:33 PM
Would you believe thesame Bill Gates made this statement on YouTube:
"Nobody Can Stop Bitcoin!" -
https://m.youtube.com/watch?v=XG9qnSYyXDk

I have few theories why he and some other well known Bitcoin enthusiasts changed their minds all of a sudden. I am not posting them yet until I am above 50% sure.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: AngelSky on July 14, 2018, 06:46:35 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

In the media Bill Gate said that, but we do not know behind him, it could be Bill Gate investing in bitcoin. Bitcoin is anonymous and its owner is very secretive.

Cnn and Cnet are websites sharing the most negative side of the bitcoin. Some may be true but I see most of the fake news also sharing these sites only. You may check the news which is dedicated for the crypto news. I see the merkle and coindesk sharing the best news from the crypto marketplace.
If any one see the bill gates first interview about the bitcoin. No one will never say that he is against bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Reatim on July 14, 2018, 06:59:34 PM
Would you believe thesame Bill Gates made this statement on YouTube:
"Nobody Can Stop Bitcoin!" -
https://m.youtube.com/watch?v=XG9qnSYyXDk

I have few theories why he and some other well known Bitcoin enthusiasts changed their minds all of a sudden. I am not posting them yet until I am above 50% sure.

Yes, I have seen that before. As to why they changed their mood?

1. Maybe they see it as a perceived threat to their stocks investment. Those people pouring cash on their stocks might dump it in favour of crypto that's why they realised that it will have adverse effect on them.

2. They are late and might have been the boat specially last year when bitcoin grows astronomically.

3. Bill Gates might be creating his own crypto using the same technology behind bitcoin, Blockchain.

That's all I can think of that might change their mind and suddenly attacking bitcoin and crypto in general.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: FalconB on July 14, 2018, 07:16:31 PM
I think it is against the crypto currency because it is not regulated and there are a lot of moshaynikov.Ochen lot of start ups that collect money and disappear


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Veterock on July 15, 2018, 09:10:41 PM
Because Bill Gates is the only one who actively collaborates with the CIA! What else can he say?


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Techfrog on July 15, 2018, 09:27:07 PM
I think that he is really invetsing on it, or at least, he has some money on bitcoin invested already, only that he can not say it publicly because he would be shilling bitcoin and trying to attract new investors here, that is the reason for me


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Grayy on July 15, 2018, 09:36:15 PM
It doesn't matter who is against bitcoin. When a lot of people keep showing interest, there will always be a rise in price after every dip. I'm happy Bill Gate couldn't deny the fact that blockchain is a beautiful technology. In good time, the world will understand how extremely important this technology is.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: cpoer2011 on July 15, 2018, 09:41:39 PM
Because Bill saw that bitcoin still have a bright future ahead. He is seeing the great opportunity there and he took it. He's smart guy so he probably saw it. Great then.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: DesiHunterrrr on July 15, 2018, 09:50:25 PM
Best horror story made oops by Bill Gates about Bitcoin well because of future in 2020 Bill Gates approve Bitcoin for sure Bill Gate is very smart girl and maybe oh sorry he is not a girl is a smart guy  ::)


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: korkor on July 15, 2018, 09:59:26 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
Well, most people who are against investing in bitcoin do not understand or have little or no knowledge about cryptocurrency or bitcoin to be specific. Change is also one thing most old folks have difficulty accepting if it doesn't look similar to what they are used to.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: kotajikikox on July 15, 2018, 10:10:03 PM
Only bill gates can answer your question why he is until against investing in bitcoin or in crypto in opinion i think he want to stand his thoughts. But i remember since start herein community my inspiration are the thought of bill gates he said nobody can stop bitcoin. Hope he turn back again his thought about bitcoin are hope of everyone to get better life in the future.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Al-e_x on July 15, 2018, 10:35:32 PM
I think bill gates have the same reason with warren buffets, their reason is that bitcoin only manipulation, and bubbles.

Bill Gates says that blockchain is a stupid theory and can make our assets die.

if we see, that youth dominate the crypto market.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Baimovic on July 15, 2018, 11:07:48 PM
bill gates say that the anonymous nature of blockchain technology owned by crypto as a base system that can have a bad effect. he says that bitcoin sometimes a facility for criminality. he also said that investing in ICO is a bad idea, very speculative and can pose a big risk.

but you have look at the Charles Hayter statement as CEO of Cryptocompare, he says that bill gates tell the truth, crypto always gets access in the black market, but the bad trend will be overcome with crypto regulation in the digital business. Hayter also said that the dollar also has the same risk with the digital currency.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: jetjet on July 15, 2018, 11:25:03 PM
Volatility and decentralization is I think the main reason why bill gates and other people hesitant to accept bitcoin in their life. We know for the fact that price moves from nowhere as we observe it was due to supply and demand law but still can't pinpoint directly to this law because we don't speak any product here to hold and spent. The coin that we dump to the market are keeps by other by simply buying our dump coin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: chaoscoinz on July 15, 2018, 11:31:53 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
You have to put your self in Bill's shoes emphatically, in order to understand the mindset of a man who already has all the money and resources in the world.
     From that perspective, maybe Bitcoin could be considered as fools gold to some, due to it's high volatility and decentralization.
   


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: BitHodler on July 15, 2018, 11:36:01 PM
Bill Gates says that blockchain is a stupid theory and can make our assets die.
I'm not quite sure what your source of information is, but it's wrong, very much so. Bill Gates actively expressed his interest in the blockchain itself, which could change certain aspects of the world economy for the better

It's Bitcoin that he doesn't seem to be a fan of, or at least not anymore. There was a video circulating in which he was mildly praising Bitcoin for what it brought to the world, but somehow he changed his opinion.

Maybe that Warren Buffett has got to his mind, but it's quite interesting actually. What in the world could make him change his view on something so dramatically? It's not that you can bribe him, he'll just laugh his ass off.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: nazarovv on July 16, 2018, 11:14:29 AM
The volatility of the bitcoin is probably the reason. Much like warred buffet, they are not willing to risk their money to something that is not stable yet. They are really careful where they put their money that's why they have so much now.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: krishnaverma on July 16, 2018, 11:30:21 AM
If I had to choose an advice from Bill gates and Warren Buffet, I will choose it from the former. Even if it is an investment advice, I will trust Bill Gates only as he has so much experience of the tech. He has spoken in favor of blockchain also which is a good. He is mainly concerned regarding the anonymous nature of bitcoins which is indeed a valid concern. A person like him will evaluate an investment from all angles like future legal problems.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: fiulpro on July 16, 2018, 11:35:39 AM
I think it's mainly due to stability since in 2017 we saw such a huge gain in price of Bitcoins and due to which many people jumped on the bull trying to buy Bitcoins and suddenly it fell to 1/3 Rd of it's highest value and kept going down which caused many people to loose their money in Bitcoins and the over all stability was disrupted , since there are no regulations on bitcoins that means people can usually buy and sell in whatever way they want and sometimes it's self destructive, people when the price was falling encashed and it caused the price to fall down further therefore it caused a huge chaos in everyone's lives who had a lot invested in it , this is essentially something that is hard for people to face and even harder to accept therefore I think that's the reason why he choosed to say bad about bitcoins also it's a personal opinion not that we can really know the reason why he said that.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: jupppo on July 17, 2018, 03:27:57 PM
Where does such information come from that he does not invest?) In my opinion, almost all the rich and successful people of the world bought the crypto currency and probably already earned it ...


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Igromania on July 17, 2018, 05:02:07 PM
Maybe he specifically said it, so that the price did not rise sharply, but in fact, quietly buys bitcoins at a low price)?


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Lima0396 on July 17, 2018, 05:17:47 PM
 He might have invested and no one will know since  Crypto currency is decentralized whereby we would not be able to trace if someone own the asset.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: anchuoinhhoc on July 17, 2018, 05:21:27 PM
I think Bill Gates' opposition to investing in bitcoins is his own. I think he would have given me something new or a potential coin


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Kayuslawal on July 17, 2018, 05:22:07 PM
its not against it based on my own understanding, just thinking of the risk involved in it, when the bitcoin is regulated, trusted, he will revert all his negative statement.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Yatsan on July 18, 2018, 01:51:07 PM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.
Rich people, because only riches wanted to be richer, they only wanted things to be in favor of them. His reason might be for personal interest, for rich interest. But there is nothing for him to be afraid of because as we can see the bitcoin can give us benefits where as not only rich will be the beneficiary but at the same time also poor people who wanted to have a better life. And that is the bitcoin can help to people, it can help im eradicating the poverty around the world which was the number one problem of our world.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: skidanchikbizon on July 18, 2018, 02:02:07 PM
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Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: resty on July 18, 2018, 02:40:48 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

There's no need to invest in Bitcoin  because Mr bilgates is the number one Richiest man  in the world for a long time because of their business which is Operating System that really useful for every computer in all over the world
 So I think Mr bilgates given the opportunity to ordinary people like us to use Bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: MaryKiTy22 on July 18, 2018, 03:27:18 PM
The key feature of pre-coding is that users can hide their names. I think this is why BILL GATE does not like investing in bitcoins and if he invests in bitcoins then he realizes its value of bitcoin


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Dr.Osh on July 18, 2018, 03:36:25 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

There's no need to invest in Bitcoin  because Mr bilgates is the number one Richiest man  in the world for a long time because of their business which is Operating System that really useful for every computer in all over the world
 So I think Mr bilgates given the opportunity to ordinary people like us to use Bitcoin.
you're right, but I think they think that bitcoin will make something detrimental. I do not know, I feel that bitcoin is really good, somehow bill gates does not want to invest in bitcoin, and maybe you're right, because he already has a very big company.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: davidka on July 19, 2018, 07:12:39 AM
This market is very fertile, has great potential, can not surpass the eyes of talented people like him, He is the richest man in the world. Bitcoin can bring huge profits to Bill Gate.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: 00DKM@ on July 19, 2018, 07:18:55 AM
Successful entrepreneurs always have great creativity and vision. Previously, microsoft also announced bitcoin is accepted on the store of windows operating system. Maybe like Samsung. He really appreciated the bitcoin has an open future. Maybe he recognized bitcoin as part of the world in a day.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Patpro on July 19, 2018, 07:28:29 AM
I dont think we should worry our heads over this. I can only see one reason; Btc is raising billionaires just like himself of which he doesnt want to see happening. Whether he is against it or not, Btc is not dying and we are not giving up.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: btc78 on July 19, 2018, 07:31:17 AM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

Well thats very realistic and youre just being truth for all that those billionaires wont risk their money in not so sure profit,meaning they would preper physical investments than this kind of virtual and we cant blame them because its their own hardship before gaining that amount

What i hated from them is. That they keep on talking against our community when they can just shut up their mounth and let us do whats for us


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: angelramirez24 on July 19, 2018, 04:30:08 PM
Basically he doesn't want to invest in a very risky investment. Volatility makes bitcoin a high risk investment since it can go down in value in no time. Just like warren buffet, they will be very careful with their investment and something like bitcoin is not what interest them


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: otandelapaz on July 19, 2018, 04:39:46 PM
Your question as the subject reads was already answered in the article you shared. Quoted ""As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,"

And I think Bill Gates is right. This is also probably the reason why Bitcoin went down after it's peak last December last year. There's to little Bitcoin in circulation because people are holding them. Bitcoin is not being used as it should be, as a currency.  That's why Gates said that Bitcoin is not "producing anything" that's why we should not expect it to go up.





Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: evanstinger on July 19, 2018, 04:39:55 PM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

One of the most honest post i have ever seen in this forum.
Lots of people who manage to be 'so bullish' at BTC tend to claim it as their genius act, never showing the risky 'gambling' factors they have taken long long before. We have to admit, most of the OGs are just lucky nerds.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: jozymens7 on July 19, 2018, 04:42:24 PM
They are the kind of people who will come back and tell us to invest in it you can just mark my words. They are also frowning at btc but at backstage they are buying huge amount of into their wallets.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: suemendez25 on July 20, 2018, 02:28:03 PM
I think he doesn;t fully understand bitcoin. And with this he doesn' want to try to invest.probably because of the instability of bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Asimmo on July 20, 2018, 02:30:55 PM
I think his age is the problem..
In his age, people tend to be more conservative and less risky.
If he was young, I think he would be working building a progressive blockchain company in a garage, somewhere.

Besides, we don`t know for sure, whether he is buying crypto or not..
What he says openly maybe different what he is doing..
So...  I`m not surprised..


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: thenameisjay on July 20, 2018, 02:39:09 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Maybe because it's highly volatile. He's protecting us from possibly gambling into cryptocurrency which will probably be the biggest mistake we could ever make if we blindly follow the crowd. Cryptocurrency may also destabilize the whole fiat money industry of a country.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Rozita on July 20, 2018, 02:46:49 PM
I think his age is the problem..
In his age, people tend to be more conservative and less risky.
If he was young, I think he would be working building a progressive blockchain company in a garage, somewhere.

Besides, we don`t know for sure, whether he is buying crypto or not..
What he says openly maybe different what he is doing..
So...  I`m not surprised..

But I am surprised and I don't think he has invested in bitcoin. His opinions about bitcoin can affect the price and he knows it. If he had invested in bitcoin, he would try to cause the price to rise.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: sintecan on July 20, 2018, 02:54:25 PM
Most people predict that whales are the reason for this type of movement, they do not really realize at least 60% of what they are actually talking about. Bill Gates will not give you so much money in cryptocurrency and he puts it in a charity program instead. He does not play with the roll of the dice.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: GeorgiyBilyk on July 20, 2018, 03:19:19 PM
I saw how the facebook changed my opinion, I saw how Soros changes his opinion and so on! sooner or later he will also change his mind! I recently was at a forum where large banks were going to, they all say one thing: all companies that now can not use the crypto system for their own purposes - these companies will die, or they will have to catch up with more progressive companies for a very long time!


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: shursight on July 20, 2018, 03:23:55 PM
He is probably secretly investing into bitcoin at the moment but he is saying that he is against them so no one can know that. This is a normal practice that many celebrities and real investors are developing at the moment, and it is more than usual to see it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Magkirap on July 20, 2018, 03:37:01 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
Maybe he's thought about bitcoin is totally different than what we are thinking. His reason might be for personal interest. Since he is rich he wants all the things to be favor on the way he want.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Kong Hey Pakboy on July 20, 2018, 03:55:52 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Bill Gates said and Warren Buffett said, using Bitcoin is crazy. I searched it why because as billionaires and as businessman, my first expectation is that they hide their identity here in Bitcoin to use it and manipulate it but instead this is what they said.

This is my source, if you just want to read their comments about Bitcoin.
https://www.pcgamer.com/bill-gates-thinks-investing-in-bitcoin-is-crazy-warren-buffett-calls-it-rat-poison/


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: FXTradingPro on July 20, 2018, 04:00:29 PM
Bill Gates has been on record that he would have short BTC if he could. He was on his tour with Buffet where they are slamming BTC every chance they get. He says that he does believe in Blockchain technology and like the potential.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: kimjongun92 on July 22, 2018, 04:03:29 AM
He really appreciates bitcoin has an open future. Well it is very practical and you are just the truth for all the billionaires will not risk their money in uncertain profits, meaning they will invest in physical pre-kind virtual and we can not blame Give them due to their difficulty before reaching that amount. They continue to talk to our community when they can just stay silent and let us do what for us


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: biskitop on July 22, 2018, 04:07:47 AM
because the bitcoin fluctuations are so big a risk. I think not only bill gates, but almost some people will say the same about bitcoin. how to manage money, while bitcoin prices suddenly rose drastically and suddenly dropped dramatically.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: vagsun on July 24, 2018, 10:33:42 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
Rich people such as Jeff Bezos, Bill Gates, Warren Buffet etc do not have any interest in investing in crypto because of their volatile nature. These people are of the view that investing in crypto is like gambling because of the high rate of risk. These people are already having too much wealth that they dont want to increase their wealth by taking a huge risk. So they play on the safer side.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Almirante3 on July 25, 2018, 07:49:10 AM
Bill Gates did not always utter harsh words against bitcoin.

In 2014, in an interview with Bloomberg, he said that this criptomoeda was "better than money".

This time, however, the businessman evaluated that, unlike money, the crypto-coins can be used remotely, which makes it difficult to control the management of resources.

His comments on Reddit were not well received by anyone participating in the debate in the forum. Some criticized him as saying he was ill-informed about the technology and that he needed to study the subject better.

Others have evaluated that Gates would be trying to influence the market with his criticism.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ridertiger on July 25, 2018, 07:51:52 AM
He is just old. Sometimes old people are set in their way, even when they own Microsoft.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: saruxanyan on July 25, 2018, 07:54:29 AM
I have already seen many times how people change their minds! I'm sure that the fastest of all is where he is already investing in the crypt world! as well as the company continues to develop in the crypto market! So I'll see how he will talk about the crypto industry in a few years!


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: jaaeeeyyyy on July 25, 2018, 08:20:37 AM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.
I guess what bill gates and warren buffet trying to say is cryptocurrency is not a trusted due to high volatility rate. Bill gates who is known for richest man alive after founding microsoft has the ability to control the market, figuratively speaking bill gates can own a large portion of share in the cryptomarket if ever.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: moirasheeran29 on July 25, 2018, 01:03:15 PM
I think people like bill gates does not want to invest in risky ventures specially with the volatility of bitcoin. People like him i think are just being really smart with his money even if he has tons and tons of them.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: jiggahovito on July 25, 2018, 02:33:39 PM
its a thing of personal decision and how much you believe in what you are doing. life is a game of chance it is either you are winning in cryptocurrency or you are losing.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: lamcouz on July 25, 2018, 02:45:45 PM
If bank starts making used of crypto, by means of exchange to be calculated based on the country money value to the equivalent to bitcoin. They also go into bitcoin as an asset,.Giving loan is one of the most important aspect of Bank and we are seeing now there are lots of crypto available that are giving loan to their customers.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: NelfiNovita on July 25, 2018, 02:56:56 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

he is a bitcoin hater and does not want bitcoin to thrive, and that's why he's opposed to cryptocurrency investment. especially at this time the price is low and that makes the users have little doubt about bitcoin.
 I suggest that we remain optimistic on bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ostrovagaly on July 25, 2018, 04:39:43 PM
In my opinion, such rich people making public statements are not entirely honest with us, because to become such a rich person you need to have a unique brain that sees any opportunity to earn, on the basis of this I can say that they invest money in bitcoin. And they make good money on this, and no one can know whether it is because you know everything anonymously.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: cryptedshiva on July 25, 2018, 05:17:21 PM
He is an old-school guy. Do not worry, he'll get used to it. :D


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: rybaplmcteam on July 25, 2018, 05:19:49 PM
OF course is the future , but is uncomfortable to use now because of the OIL GROUP.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: lamadu3 on July 25, 2018, 05:34:01 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

People like him already have a lot of money and maybe they think crypto currencies are too risky to invest. I think that they are afraid to adopt new technologies.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Mofazzal840 on July 25, 2018, 05:37:42 PM
Yeah,I actually don’t know more about this. If it is true. Then I think he should believe in Bitcoin. Anyway, many men many minds. It is his own choice personally.  :) ;)


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Babyrica0226 on July 25, 2018, 06:03:56 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?


I don't think Bill gates was against investing into Bitcoin, because He is a tycoon businessman, it could be one of his strategy actually, since He

knows the Bill gates was very influential billionaire person probably he believed that the value of bitcoin will goes down because of the FUD he will

will going to make then once bitcoin down He can buy a huge of it then also hold in a long terms.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Hammonds on August 05, 2018, 02:38:38 AM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

I agree with you, they are destined to be big people and rich people, so they can only warn us about the cryptocurrency.

If I myself as a small person just keep trying to be the best by way of Cryptocurrency and hope to soar up.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: honey8 on August 05, 2018, 02:58:00 AM
Many big tycoons like bill is agaìnst bitcoun because they are still unaware abput its potential..on the other hand there are many believers of bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: monster2 on August 05, 2018, 03:01:14 AM
Of course, wealthy people like to know and how to earn bitcoin so they can experience a huge impact on earning bitcoin money so bigcoats are raising bitcoins today as big investors also invest in bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Terra_Anon on August 05, 2018, 04:05:38 AM
Bill Gates said that is not without reason, there is a good reason too.

In an interview, Bill Gates said that the anonymous nature of blockchain technology as a basis of cryptocurrency could have a very bad impact.

"The main feature of cryptocurrency is its anonymity, which I think is not a good thing because it can provoke more crime, terrorism, and tax breakers," he said.

In addition, the utilization can also give a very horrible effect for users, one of which is losing his own life.

"Currently, cryptocurrency is used to buy fentanyl (a type of pain relievers) and other drugs, so it can be said this technology can cause death indirectly," he said.

This is very well said. Bill Gates is just being honest with his own opinion on how he see things are gonna be. If you think about it really we can only be as optimistic as we can be about Bitcoin and Crypto currency. Nobody is certain on how the future can be.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: caballero12 on August 05, 2018, 04:10:37 AM
I don't think that Bill Gates has any bad intention at all. The guy we are talking about here has lots and lots of money than any of us can imagine. This is a pure insight on how sees Crypto and Bitcoin itself.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ambisyon on August 05, 2018, 05:26:53 AM
In my opinion, Bill Gates may not be interested into bitcoin since he don't need money anymore because he already had billions of dollars that he had acquired from his business alone. Most likely, because btc is unstable due to it's volatility could be one of his considerations not to invest with it for now.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: pushups44 on August 05, 2018, 05:29:33 AM
We will never fully understand the motives of billionaires like Bill Gates. Possibly he has investments in traditional financial instittutions and sees bitcoin as a threat. Another possibility is that he is trying to drive down the price to accumulate it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Gabteb on August 05, 2018, 05:32:35 AM
Sometimes rich people like him against as they dont want lose their money or see rich like them ,sometimes they dont understnad how it works so start to deny.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: nibbknot on August 05, 2018, 05:44:16 AM
Sometimes rich people like him against as they dont want lose their money or see rich like them ,sometimes they dont understnad how it works so start to deny.
Yes, We all know that Bill Gates is one of the greatest businessman in the world who invented Microsoft and still the Founder and manager of Microsoft Company. Bill Gates is very rich because of his success in the world of business. He is not believing that investing in Bitcoin can help you to be rich like him. Because for him, through hardwork and intelligence is the most recipe to be the richest person in the world.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: paijo90 on August 05, 2018, 06:18:17 AM
due to the fact bill gate not need curently to put money into bitcoin and he see that there is many dangers to invest in btc... this person made massive profits from the conventional financial machine, so he would no longer see Bitcoin as a source of money this is the motive why bill gate now not put money into bitcoin but why againts bitcoin i havn't surely any concept


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: adrianto1995 on August 05, 2018, 07:05:09 AM
He was not interested to invest in cryptocurrency because of he already rich. He thinks cryptocurrency is too much manipulation and volatility and in that case, cryptocurrency being mostly used for crime and any other illegal transaction...

We cannot force everyone to using cryptocurrency, many people has own choice...


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: HoloUpfront210 on August 05, 2018, 11:27:28 AM
Every people has their own choice and Bill Gate doesn't find it interesting. And he has a large business so, he doesn't has time to spend in bitcoin i think.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: iranman on August 05, 2018, 11:59:47 AM
Bill Gates is known to everyone as one of the richest people on earth and this is one of the reasons why he says so about crypto currency, I think he has certain thoughts on how he will apply all this in his company and this will be a surprise!


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Dongman2 on August 05, 2018, 06:44:08 PM
Do not blame him. Being a rich man himself, he knows the risk and all involved with some investments  and owing to the virtual nature of these coins, he is not ready to lose a quarter of his life's worth on some things that could turn out worse.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: DanielJacob on August 07, 2018, 06:21:56 PM
Bill Gates is against bitcoin may be he found some thing in bitcoin whice he doesn't like and his thought is his own property. So, if he goes against it there is nothing to do.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: circlesseeker on August 08, 2018, 04:36:28 AM
I don't know if it will be Bitcoin but he will definitely invest in cryptocurrencies in the future...


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: JohnDcosta on August 08, 2018, 05:12:40 AM
Yes it is right that investing in bitcoin is a very risky game but except this there is nothing negative i find in bitcoin may be Bill Gates find that may create another Bill Gates which he never wants.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Sircoss on August 08, 2018, 08:51:49 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
We can never know the actual inside of every human being, so maybe he wants to dump the price in order to enter this market for a lower prices, and nobody knows maybe he's already having a bitcoin portfolio somewhere.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: tamradhwaj on August 08, 2018, 01:00:29 PM
i think main  reason   of bill gates against investing into bitcoin is the  lack of consumer protection cryptocurrencies offer and their vulnerability to misuse continue to make the likes of bitcoin a risky investment proposition in the eyes of many. remember that returns of not guaranteed so u could get back less then u invested.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: blackhawkeye1912 on August 08, 2018, 01:07:06 PM
I think, Bill Gates know the potential of bitcoin, the drastic change that it can give to the existing industry. This change is what he is afraid of, incuding the risk it can bring to his multi-billion business.

If you are successful with current situation, would you prefer to have change? That's what Bill Gates have in mind, probably.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: plr on August 08, 2018, 01:11:21 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
Everyone of us has their own reason, they consider Bitcoin as a big bubble waiting to explode, but until now even though the price is dripping it is not happening, they missed the technology behind it and how we can improve our lives because of this technology, better ignore these people.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Payme21 on August 08, 2018, 01:26:22 PM
It is expected that Bill Gate will advice against investment in bitcoin and i can easily see two reasons from his perspective'
The first is the fact that its a largely unregulated market and nothing is guaranteed but another reason could be the fact that he has carved a nitch for himself with Fiat and does not see the need to diversify in this direction cos of the many risks


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: LisaCruz on August 08, 2018, 01:27:56 PM
Finally, Bill Gates came to the value of Bitcoin and other cryptocurrencies


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Gotumoot on August 08, 2018, 01:33:11 PM
i think main  reason   of bill gates against investing into bitcoin is the  lack of consumer protection cryptocurrencies offer and their vulnerability to misuse continue to make the likes of bitcoin a risky investment proposition in the eyes of many. remember that returns of not guaranteed so u could get back less then u invested.
I think its for self purposes why bill gates against bitcoin. Its because we know that he owns billions of fiat money, so why he is going to approve bitcoin? Its obviously that he is going to against bitcoin because bitcoin is a great threat to fiat money. I think that bitcoin can replace fiat currency if we used it as a payment, not now but in the future, because if you used bitcoin as a payment now, you will loose profit when bitcoin price increased.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: cinchin1 on August 08, 2018, 01:33:47 PM
I think, Bill Gates know the potential of bitcoin, the drastic change that it can give to the existing industry. This change is what he is afraid of, incuding the risk it can bring to his multi-billion business.

If you are successful with current situation, would you prefer to have change? That's what Bill Gates have in mind, probably.
Why should he fear this change, crypto and bitcoin are fields that do not have much influence on his company, it only helps the technology grow, there is no reason to be afraid, therefore summarize all, we can be very clear that this might be a lie. What Bill Gate is trying to do is to mislead the government and people, he wants to show that he does not care, even against bitcoin, that made him safe in his investment and without supervision from the government, limiting the risk to his business


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: NelfiNovita on August 08, 2018, 01:51:26 PM
maybe he doesn't know much about cryptocurrency so he is opposed to investing in cryptocurrency, people who already have wealth do not like uncertain profits or are afraid of risk.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: thevlox on August 18, 2018, 05:53:48 PM
Big gats like those who have a lot of money are against bitcoin. They think it's more risky because of the volatility that I am doing bitcoin and it's a huge gamble. And according to them, it can not be kept after investing in it. That we can not say that the lab will not be or will not.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: engrlodi on August 19, 2018, 12:44:25 PM
If i'm a billionaire why would I advertise bitcoins? Not because Bill Gates is afraid to take risks. Actually he earned that much money and respect by takinga risk. He will not be in his place without taking risk. Maybe he's not into bitcoin because it may be a hinder to his works or in where he is expert. Bitcoin may be a threat for him in a way that if someone becomes a millionaire or billionaire because of bitcoin, it can destroy Bill Gate's popularity. But don't blame hin. He got his own way to be a billionaire and I admire it. Hardworks will be paid off always.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: A Feeder on September 22, 2018, 03:48:12 PM
Bill Gate is one of the richest man in the whole world and I think Bill Gate may not understand the real block chaining technology, and he think that is not a true or scam and I think he does not aware of the usefulness of it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Hira1995 on September 22, 2018, 04:34:05 PM
Bill gate thinks this is a tireless and risky investment.He is more worried that if he is invested in this yacht,he can be financially hurt when he is defeated.That is why he is against Bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: naturerock on September 22, 2018, 04:44:27 PM
I think Bill Gates has too many powerful friends that make money off our corrupt banking system.  Especially his best friend Warren Buffet!.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Kolikalex55 on September 22, 2018, 04:53:09 PM
The most interesting thing is that before he said that bitcoin is very cool and it is not who does not stop and took it to pay for Microsoft products and now he contradicts himself.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: acheampong64 on September 22, 2018, 05:05:46 PM
The big men have always been behaving as such. They wouldn't want to see anything they don't understand or believe happening and I think Bill Gates is no exception. This is the same reason why countries are finding it difficult to accept/legalize it. The lawmakers simply don't understand the technology and so they fear.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: eashikde on September 22, 2018, 06:59:31 PM
I think he earned billions, so he created his products, which he advertised. But I do not think that such a person needs to invest somewhere, when his business blossoms and he is one of the richest people in the world. He perfectly understands that he can force many to do his example, but he does not need it, invest in another person's business. He always makes a profit and why should he invest?


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: cryptohunter on September 22, 2018, 07:28:33 PM
bill who?

Bezos said he is soon going all in on btc.

Only 100B + net worth individuals opinions hold sway on this forum.

Peasants make all kinds of strange claims that they can't substantiate.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: lestariptr on September 22, 2018, 07:41:42 PM
I think the bill gates just warned us. and also just express his opinion. Everyone is free to argue. So you don't need to worry. There are still many other billionaires who believe in bitcon. So you don't need to think about that. If you panic then you will be carried away by the current.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: 10BTCaDay on September 26, 2018, 12:49:56 PM
When a person has such savings as his, he thinks about every little thing about risk, because he who invested $ 1000 and who is $ 1,000,000 and the losses from them will be different, one small and the other huge.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: amonymous on September 26, 2018, 01:01:49 PM
Actually lot of rich people like it invest in the Bitcoin for will big benefits,We are know Bill Gates as a HUGE technological investor he already know how I will get big results with my invest money.investment is the good eranted to double money as the crypto market.i say him trying to understand crypto world and need to invest for your good profit.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Zadeket on September 26, 2018, 01:13:21 PM
The big men have always been behaving as such. They wouldn't want to see anything they don't understand or believe happening and I think Bill Gates is no exception. This is the same reason why countries are finding it difficult to accept/legalize it. The lawmakers simply don't understand the technology and so they fear.
Bill Gates as the richest person in the world has his own view of bitcoin, does not like the anonymous nature of bitcoin because it has adverse effects such as avoiding taxes, being used by criminals, and financing terrorism. Bill Gates might agree with bitcoin if the anonymous nature is removed, because in principle blockchain technology as the basis for cryptocurrency is good.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ansarose1 on September 26, 2018, 01:13:59 PM
In my opinion, Bill gates maybe afraid to invest in bitcoin because maybe he thinks that it is too risky, in a way that he cannot also gain big amount or maybr the reason is bitcoin investment will just me small amount of investment that he can get and with all time and efforts to do.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: bitcrypt_09 on September 26, 2018, 04:03:39 PM
I dont think he is against cryptos, I only think he as many others would like to have a regulated market. Once this happens AML BitCoin will be accepted everywhere since its the only compliant coin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Sixson on September 26, 2018, 04:06:43 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.[Suspicious link removed]s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

He was also against Internet.So blockchain must be the next big thing


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Ferki on September 26, 2018, 04:19:08 PM
He said also "Spam will be a thing of the past in two years." Or "the internet is just a hype". But he is rich,he can say that. Blockchain is just a hype!Do you believe that?


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: jatin729 on September 26, 2018, 04:20:53 PM
i think when someone find something biggest competitor or anti regulation than usually he/she refuse to get into particular and advice others to get rid of that, same thing is happening with bill gates also.. Even you can see Warren buffet doing same he is finding crypto biggest competitor to stock market trading.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: bitcrypt_09 on September 26, 2018, 04:21:23 PM
I dont think he is against cryptos, I only think he as many others would like to have a regulated market. Once this happens AML BitCoin will be accepted everywhere since its the only compliant coin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: bit_corel on October 02, 2018, 01:04:14 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.[Suspicious link removed]s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

If I were Bill Gates, I would invest 1% of my capital into bitcoin and buy a moon for the money I've made on it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: larrylegend33 on October 02, 2018, 01:09:37 PM
That is need an easy answer, i believe that too rich people doesn't like the bitcoin and the cryptocurrency. Because they are rich and they have MONEY! They don2t know or they are just now ready this evolution i guess. But i am sure that in the near future they will complete their solution about this matter and they will like and use it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: thesmallgod on October 02, 2018, 02:04:12 PM
they do not want to risk their money investing in something without a stable price and beside crypto has become subject of banning and regulation in so many country. what do you think will happen to the money if at the end of the day the government decided to place strict regulations to some areas in which they have invested in. it is just logical. in fact the volatility of crypto is one of the key problem affecting the growth of the crypto.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: rodskee on October 02, 2018, 02:15:45 PM
Since i learn about bitcoin bill gates thoughts i watch in youtube nobody can stop bitcoin as digital currency
One of the reason i continue to study about cryptocurrency importance
But i can't understand to him why he's not interesting to invest in bitcoin
The last bill gates statement for bitcoin isn't good more people are so very disappointed of their thoughts
But i think this is an strategy of the whales in bitcoin in my own observations and opinion bill gate is one of the biggest investors in bitcoin to manipulate cryptocurrency


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: HanaBin on October 06, 2018, 01:15:57 AM
I think that's right. Even so, they will not struggle continuing throughout the year to keep it up, for at least a year they only play it once or twice, specifically pumping and pouring. They will not want to see anything they do not understand or believe in and I think Bill Gates is no exception. Lawmakers simply do not understand technology and they are afraid. But I do not think that such a person needs to invest somewhere, when his business flourishes and he is one of the richest people in the world. He always makes a profit and why should he head private Everyone is free to argue. Still many other billionaires believe in bitcon. If you panic then you will be carried away by the present.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: antonhuda on October 06, 2018, 02:21:14 AM
Indeed, wealthy business people not from crypto are difficult to understand the benefits of crypto, still not believing in how crypto works, even if Bill Gate falls into the crypto world, he will become a more vicious pope and win in the market.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: reverseflash on October 06, 2018, 07:30:39 AM
Given what is known about Bill Gates, we can draw some conclusions. He has big enough capital in order not to get involved in risky projects, and from the point of view of Microsoft, bitcoin is risky. The second amendment may be that Bill Gates is quite pleased with what he already has, and does not really need an increase in capital, especially with risky methods.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: tikaka on October 06, 2018, 07:46:06 AM
That's just the opinion of an individual. I find that many experts evaluate bitcoin very well and they are also investing in bitcoin. Perhaps Bill Gate has looked at the negative issues of bitcoin too much. And if bitcoin becomes a real bubble after it's destroyed the value can be greatly reduced and may affect the investor. So he gives us advice. But do not worry about this. bitcoin it is growing very well and i believe it will grow stronger in the future.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Mandarava on October 06, 2018, 08:52:45 AM
It seems to me that Bill Gates is not quite sincere with us. Perhaps he is an opponent of Bitcoin because he himself has big plans for him. For him, as a proponent of innovation, this is a very strange position.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: DAVETUN on October 06, 2018, 09:19:09 AM
He is against it because he is yet to understand and believe in the technology of digital currency, thou he is entitle to his opinion, but it good to have whales like him in the community in order to increase the acceptance and use of  Bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Pyr3x on October 29, 2018, 01:38:56 PM
There is an excellent saying in this regard - how many people, so many opinions. I also did not see any serious arguments of that person against bitcoin. Which means you or anyone else doesn't have to follow it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: osmo on October 29, 2018, 02:00:52 PM
I think most rich people are indeed opposed to investing in bitcoin, maybe because bitcoin has a big risk and is very difficult to predict compared to other investments such as stocks. and the security of investment in stocks is more secure because there is usually a guarantee institution that guarantees, this is only my personal view, correction if something is wrong about my opinion


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Elqui on October 29, 2018, 02:08:43 PM
It’s because henis jealous in bitcoin and he knows that people can earn or gain a lot money with it by mining and other purposes, he needs to understand bitcoins worth in our day today.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: tiktak89 on October 29, 2018, 02:12:47 PM
There will always be people who for one reason or another will be against bitcoin and question its technology. But don't take it seriously. Study crypto currency yourself and think whether you are ready to invest in it. And then no negative opinions will affect you.



Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Glutius on October 29, 2018, 02:18:08 PM
Even despite the importance of this person for the technological world, it is not necessary to take seriously his skeptical opinion about bitcoin. We can't know all the real reasons why he thinks that. So if you like to invest, feel free to continue to do so.



Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: SnapDown22 on October 29, 2018, 02:18:36 PM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.
in my opinion bill gates oppose the lack of understanding of online investment and bill gates is the inventor before bitcoin is there so it is only natural that the bill gates oppose this kind of existence


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: rtm125 on October 29, 2018, 02:23:29 PM
You know, I also think that bill gates may well develop his own similar technology and therefore he artificially creates a negative opinion around bitcoin. Or maybe he really doesn't trust this technology. In any case, investing or not is only your decision.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: iTradeBit on October 29, 2018, 02:47:17 PM
"The main feature of cryptocurrency is their anonymity. I do not think this is good. The possibility of the authorities to detect money laundering and tax evasion or the financing of terrorism is good. However, cryptocurrency is currently used to buy fentanyl and other drugs, that is, it is a special technology that almost directly leads to death. I think that the speculative wave around ICO and cryptocurrency is too risky for those who play in the future"  - That's how he responded to Forbes Reddit channel.
I think dislike for Bitcoin arises from mistrust, because one of the world's best ITexperts  represents all the shadow sides that Bitcoin can providevery well.In some ways, he is right, but he is also in agreement with the very technology and the way of using electronic currency is ours future.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Segway on October 29, 2018, 03:03:49 PM
It doesn't matter who is against bitcoin. When a lot of people keep showing interest, there will always be a rise in price after every dip. I'm happy Bill Gate couldn't deny the fact that blockchain is a beautiful technology. In good time, the world will understand how extremely important this technology is.



Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Schmidt Abrams on October 29, 2018, 03:12:37 PM
I do not believe this, that a smart person like the bill gate can oppose this great investment opportunity, I need to verify this information before I believe it is true.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: serjent05 on October 29, 2018, 03:20:14 PM
Could be that he is inexperienced yet when it comes to cryptocurrency, lack of knowledge is also another reason, primitivity and closed mindedness. He can’t be blamed, investing in bitcoin and other cryptocurrency doesnt promise anything aside from our own hope and belief. There is no solid, strong and tangible guarantee that investors will benefit. Everyone invests in his own risk and responsibility here.   


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Caladonian on October 29, 2018, 04:01:19 PM
Could be that he is inexperienced yet when it comes to cryptocurrency, lack of knowledge is also another reason, primitivity and closed mindedness. He can’t be blamed, investing in bitcoin and other cryptocurrency doesnt promise anything aside from our own hope and belief. There is no solid, strong and tangible guarantee that investors will benefit. Everyone invests in his own risk and responsibility here.   
There's always different sentiments about matters which includes investment, might be possible that he also have some other things in minds where he alone can explain his position, maybe there's some other points that he seen about this market that he doesn't believe or trust, in anyhow people will still
need to believe in things that they've trust and not to relied with someone else opinions or position about any matter considering this person have a big
influence with society.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: kwakgyimah on November 01, 2018, 02:24:12 PM
When a critical analysis is made on the subject, one would realise that the people who are not investing in bitcoin do not understand the philosophy of bitcoin. I believe Bill Gates and the other rich people are not  investing in bitcoin are actually not against bitcoin but they lack adequate education on the world of cryptocurrencies.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: syntac on November 01, 2018, 02:34:13 PM
from the action of bill gates, it was very visible, that he wanted to dominate the market as a whole, without any competition from anyone.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: messito on November 01, 2018, 02:37:09 PM
It seems to me that this is all manipulation and at the next stage of growth he will say that he supports Bitcoin and he personally has several thousand coins


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: blackbold on November 01, 2018, 02:39:01 PM
the main factor being causes Bill Gates is not investing in bitcoin is the risk of fluctuations in the bitcoin price, and there is no guarantees for the security of bitcoin


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: tikaka on November 01, 2018, 02:50:33 PM
Maybe Bill Gate comments can affect many investors because he is a very wealthy person. I think Bill Gate is worried about the fall of bitcoin in the future. Perhaps Bill Gates is worried about the whales that could cause the market to collapse. But we know that bitcoin will never die, bitcoin is developing very well and it is accepted in many countries. and bitcoin is increasingly attracting many investors in many countries.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Lmaooo on November 01, 2018, 04:09:59 PM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.
Rich people will never tell you the way to get rich and if they see you trying to make something for yourself they are the first to give you negative advice. People like Bill Gates and Warren Buffet are company owners with shares/stocks to sell if they let everyone buy bitcoin who is going to buy their stock? So, what they are doing is another business strategy to blackmail bitcoin since it's a competition to their businesses.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: AiBBio on November 01, 2018, 04:12:58 PM
He has his own opinion, it is normal!


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: GoldenBell on November 01, 2018, 04:21:49 PM
Probably because around Bill Gate had a lot of investment opportunities that gave him more of a return than investing in bitcoins. But I wonder if this information is correct or not, a person with a mind like Bill Gate goes against this great opportunity.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Gary Levanevskii on November 01, 2018, 11:03:41 PM
I think he perceives Bitcoin as entertainment. I do not think that it is best for him to keep his capital in dollars. The dollar shows high stability.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: kucritt on November 02, 2018, 12:21:29 AM
maybe he have their own point of view about bitcoin, it seems like there are many people that pros with bitcoin and there are many people that cons with bitcoin, they have their own choice to choose it or not


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: orsiX on November 02, 2018, 12:33:36 AM
This is a sort of extremely-high-risk investment type for people like Gates, I think that most old-school investors think in the same way.

Guess we can do nothing about that, time will tell.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Privatoria on November 04, 2018, 06:13:32 PM
Bill Gates has many reliable sources of income. He doesn’t need projects that are not very predictable at the present time. Microsoft is developing blockchain technologies on its Azure platform, so it cannot be said that they deny innovative technologies, which include cryptocurrencies.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Bountyhonter on November 04, 2018, 11:00:29 PM
Bill gates doesn't like the idea of investing in Bitcoin because it has a very volatile market, and most people don't like the risk


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: messito on November 04, 2018, 11:45:12 PM
I'm sure he has Bitcoin and he just bluffs saying that he does not invest his money in cryptocurrency. he just couldn't get past all this


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: FedorIzmailov on November 05, 2018, 12:10:55 AM
most likely he simply does not see prospects in this technology. I hope that his opinion will change in the coming years


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: bayu7adi on November 05, 2018, 12:38:08 AM
as Jack Ma said, that bitcoin will become a bubble while blockchain technology will become a future revolution
I think the concern of Bill Gates is because bitcoin has an unstable nature, we certainly know that, that anytime the value of this bitcoin can go down dramatically or it can rise dramatically,
with this, I consider bitcoin to be dangerous for beginners who are interested in luring millions of dollars in profits in one day


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Pab on November 05, 2018, 12:45:52 AM
Ask him
He has enough money to stay without any investment until the rest of his life
He has lot of Microsoft stock and he is making business with Buffet and very shady business with Big Pharma so for what he has to invest in btc
Btc is to small fish for him


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: messito on November 05, 2018, 01:40:44 AM
he says that bitcoin is a huge fraud. what can we see what he will say when bitcoin becomes the main currency of the world ;)


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: hastag_80 on November 05, 2018, 02:14:29 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?


Will people have different vision and opinion about bitcoin or cryptocurrency and maybe also the most famoust bussinesman in the world Bill Gates have an his own speculation about bitcoin,thats why he against bitcoins because he thinks that its is a bubble and we respect for that there opinion,otherwise i have doubt that maybe they against about crypto because they thinks it is a rival on there personal bussiness.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ninokh on November 05, 2018, 10:35:42 AM
I've read an article Bill Gates doesn't like bitcoin and cryptocurrency because of his anonymity. he thought that anonymous crypto properties could cause death. this death caused many people to use cryptocurrency to buy drugs like fentanyl (a kind of sedative). so this technology can make death.
but I think we really can't avoid the negative impact of anonymous crypto. but we must not immediately reject crypto just because of this. there are still many benefits that we can get from cryptocurrency. cryptocurrency like a knife if used for good will provide benefits and vice versa. depending on who uses.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Snowflower11 on November 05, 2018, 10:41:55 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.[Suspicious link removed]s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Most traditional investors do not like bitcoin because of the risks it brings. I love blockchain and bitcoin , it gives us new options for currency reserves. But you know the risk that it brings is very high, the market still exists a lot of negative as fraud, manipulation market


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: giantrobot on November 05, 2018, 01:39:09 PM
I really do not think so. The world's leading asset owners are very influential in Bitcoin. He is one of the richest people in the world, so there's no reason for him to risk it. He will invest in safer projects but the profits are still huge. Thus, only Bill Gates influenced Bitcoin, and Bitcoin could hardly affect BillGates.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: @JANIYAA on November 05, 2018, 01:40:49 PM
Hi,

People like Bill gates, Jack ma think BTC is not a suitable method to investing. They are hard workers. But If you can earn money without doing hardworking that's very good. Also BTC investing is a huge opportunity to increase individual wallet because nowadays BTC is highly increasing.

Thankyou.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Kesari on November 05, 2018, 02:01:18 PM
 There is no shortage of believers in Bitcoin and its underlying blockchain technology, but when it comes to investing in the cryptocurrency, billionaires  Bill Gates think it's a bad idea. Crazy, even


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: dat.ho12492 on November 05, 2018, 02:17:14 PM
Ask him
He has enough money to stay without any investment until the rest of his life
He has lot of Microsoft stock and he is making business with Buffet and very shady business with Big Pharma so for what he has to invest in btc
Btc is to small fish for him
Well, that's really a reason, he owns a big company, lots of real estate and stock, and he's spent so much time on his career, what he is doing now is resting and resting, money will still fall on his wallet, he does not care too much about a place like bitcoin, there is little or more of an investment, it does not make sense to him. In addition, bitcoin is still in the eye of the government, an outlaw, Bill Gates will not want to stick to the law, every lawsuit will make him lose a lot of money.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: bdc2343 on November 05, 2018, 02:50:17 PM
As I think, investing in bitcoin is most important as patience and a good strategy for profit. As for the bill, I think he is full of things so he does not want to do business, because he has a lot of money. Talking about him investing so much will make the spirit of day and night distracted and tired by the high and distant thoughts ... this is what people have a lot of money do not like. >:(


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: ICOTechSupport on November 05, 2018, 04:58:14 PM
In my opinion, such rich people making public statements are not entirely honest with us, because to become such a rich person you need to have a unique brain that sees any opportunity to earn, on the basis of this I can say that they invest money in bitcoin. And they make good money on this, and no one can know whether it is because you know everything anonymously.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: pavka on November 05, 2018, 09:08:29 PM
Bill Gates may well change his mind about investing in Bitcoin just as he had changed his mind many years ago about the Internet. Geniuses can also be wrong, they are people too. I think that it is important for Bill Gates to see the prospect, and when the cost of Bitcoin is subject to stress, this does not benefit the crypto.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: sieemma on November 05, 2018, 11:41:10 PM
Bitcoin existence is like a bubble to some rich persons like Bill Gate so they do not advise people to invest in it because they think they are helping them to prevent them from losing money when it bursts. He may be right totally in his efforts against bitcoin but it may also be the other way round.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: VickyRobin on November 05, 2018, 11:48:40 PM

Perhaps worrying about bad things can happen with bitcoin, for example bitcoin bubbles can break the bad influence on the financial system But that may be just what people worry too far


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: newbie-hero on November 06, 2018, 04:11:27 PM
As I think, investing in bitcoin is most important as patience and a good strategy for profit. As for the bill, I think he is full of things so he does not want to do business, because he has a lot of money. Talking about him investing so much will make the spirit of day and night distracted and tired by the high and distant thoughts ... this is what people have a lot of money do not like. >:(

His words can differ from his deeds. Probably, he is against Bitcoin but his company is going to sign a contract with Ripple. Yes, XRP is not a real crypto, just the centralized currency but Bill Gates seems to like it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Louis Jackson on November 06, 2018, 04:16:44 PM
Bill Gate views digital currencies as too risky for long-term commitments to private investors as well as to institutional investors. Although virtual currency is nothing more than crazy investments, Gates, like many other skeptics, still believes that blockchain itself is a particularly useful technology


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: dimiinx on November 06, 2018, 04:17:52 PM
in my opinion bill gates are honest and professional people who I know if billlates until now do ways to develop technology that is not instant, so bill gates reject the existence of instant bitcoin


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: tegarp90 on November 06, 2018, 04:39:42 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Because bitcoin is speculating , bill gates already has very much whealth and don't want risk their whealth to something that not sure to get profit.
Also the volume of trade is not high enough to make bill gates interest :D


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Thomson-Winter on November 06, 2018, 04:44:05 PM
Bill Gates vigorously opposed the cryptocurrency investment, calling Bitcoin a "poison"
Microsoft billionaire and co-founder Bill Gates is incredulous about electronic money and says he wants to bet on Bitcoin if he gets a chance.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Hasansat on November 07, 2018, 06:53:32 AM
Rich people like Bill Gates do not like to take risk, maybe this is why Bill Gates does not like Bitcoin investment,because Bitcoin is not stable.Its value is never the same.It's like gambling. Bitcoin investment is a big risk,due to the lack of courage to take this risk, Bill Gates likes to invest Bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: peacefulpeace on November 07, 2018, 06:58:52 AM
it surprising how person like Bill gate will be against bitcoin probably because he thinks it risky and volatile, but a businessman of such calibre should understand the underlying effects and benefits of taking and not taking business risk, His reasons are not justifiable.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: dreamhouse on November 07, 2018, 07:53:16 AM
Bill Gates does not need money, he has more than enough, so I don't think he really cares about the Bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: pat4cryptoreal on November 07, 2018, 08:10:37 AM
No matter how great and genuine your concept is there will still be those that will be against it. It will even be those that are respected. Bill gate is respected in the area of cyber technology, normally we were expecting him to embrace cryptocurrency but I think his opinion does not matter to me.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: project_delta on November 07, 2018, 09:57:25 AM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
Everybody is saying that the number one reason is that he deals in fiats. Also this is mind set. he created something great, maybe its just the competition thing that someone has created something far better?



Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: wndrbr3d on November 07, 2018, 11:10:00 AM
Microsoft founder prefer to invest technical innovative startups, not in speculative tools.
What do you think about recent invent - futuristic toilet, announced by Bill Gates?  :)


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Sam San on November 07, 2018, 07:05:13 PM
Bill Gate views digital currencies as too risky for long-term commitments to private investors as well as to institutional investors. Although virtual currency is nothing more than crazy investments, Gates, like many other skeptics, still believes that blockchain itself is a particularly useful technology
most likely, it is the mouthpiece of someone's idea more than big money or a Union of the rich who want to create a new and controlled coin-confirmation in the order of bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: [ProTrader] on November 12, 2018, 05:20:05 PM
I think he wants to come up with his own cryptocurrency. Since Bill Gates is a little bit too late for Bitcoin, we can't blame him if he say against Bitcoin. Maybe cryptocurrency is already affecting his business.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: blueteam09 on November 12, 2018, 05:25:40 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
The great men of the world with their success they are trying to enter a new field as it grows so fast. Bill Gate may have realized the potential of Bitcoin and decided to invest in it. Billionaires around the world are trying to influence Bitcoin and Cryptocurrency because they know that this is the field that will affect the world.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: yourialfa on November 12, 2018, 05:27:29 PM
I think the bill gates are opposed because there are no laws governing bitcoin and also the legality of bitcoin is still minimal. Bill Gates also understands the risks of bitcoin instability. Maybe that's the reason bill gates oppose bitcoin. But I'm not worried because there are still some who support bitcoin. This is only a matter of dissent. So you don't have to bother thinking about that. That is my opinion.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Ngoziwealth on November 12, 2018, 09:31:30 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.[Suspicious link removed]s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Bill Gates said and I quote " Bitcoin is "one of the crazier  speculative things". Speculative in this sense means an investment involving a high risk of loss. This is to say that he considers Bitcoin a very risky, uncertain or unpredictable platform for investment that is based on theory rather than knowledge. No one wants to lose his hard earned money to investment opportunity they cannot predict.  This may be his reason for not investing in Bitcoins considering how volatile they can be.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: brincobt on November 12, 2018, 10:24:35 PM
Do you think he is against?
While he is in fact investing?

What some people in public focus loudly announce may not be what they are doing in fact. :-X


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: FedorIzmailov on November 12, 2018, 10:29:21 PM
most likely he simply does not trust Bitcoin because of his high manipulativeness and risks associated with investing in it


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Sam San on November 13, 2018, 02:24:58 AM
Do you think he is against?
While he is in fact investing?

What some people in public focus loudly announce may not be what they are doing in fact. :-X
Billy is unlikely to invest anything directly himself, rather he uses a large number of funds and analysts who support his portfolios. bitcoin is too risky for him as for a conservative investor.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: btcnijuan on November 13, 2018, 03:36:38 AM
Some billionaires don't like the idea of bitcoin and its technology, "There is no shortage of believers in Bitcoin and its underlying blockchain technology, but when it comes to investing in the cryptocurrency, billionaires Warren Buffett and Bill Gates both think it's a bad idea." read this interesting article https://www.pcgamer.com/bill-gates-thinks-investing-in-bitcoin-is-crazy-warren-buffett-calls-it-rat-poison/


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: DennyPen on November 13, 2018, 01:45:33 PM
What Bill Gates says and what he does mustn't be the same thing. He may own some crypto, but even if not, there won't be any problem for him to buy it at any price. So what's the big deal for him?


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: saumang2m on November 13, 2018, 03:36:13 PM
There may be many reasons to be against Bill Gate Bitcoin. But I think that the biggest reason for being against Bitcoin is the risk. Because we all know that prices in Bitcoin keep changing all the time. Those people who invest in Bitcoin. They are afraid all the time But I believe we will have to take some risk for earning money.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Wodomi on December 10, 2018, 12:00:20 PM
I think the bill gates are opposed because there are no laws governing bitcoin and also the legality of bitcoin is still minimal. Bill Gates also understands the risks of bitcoin instability. Maybe that's the reason bill gates oppose bitcoin. But I'm not worried because there are still some who support bitcoin. This is only a matter of dissent. So you don't have to bother thinking about that. That is my opinion.
Bill Gates doesn't like bitcoin because it's anonymous and also understands the risk of bitcoin instability. For this reason, Bill Gates doesn't like bitcoin, but likes blockchain technology that accompanies bitcoin. Even intending to develop the blockchain to progress and improve the efficiency of the company.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: jossiel on December 11, 2018, 04:46:01 AM
maybe he is rich or can say you do not want to invest in it very often get a failure that has spent a lot of their pocket money.
Nope, that's not the reason why he's against to bitcoin. Before he is an enthusiast about bitcoin and you know the industry that he's been living with, technology. And regards to this, he is aware of what bitcoin can do in the future.

There's a video of him before that says he's a strong believer to digital payments and we can conclude that bitcoin is what he's talking about. He said about tracking the payments too which what bitcoin can do.

https://www.youtube.com/watch?v=r6mOUh_NY8M


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: OrangeII on December 11, 2018, 05:22:21 AM
Some billionaires don't like the idea of bitcoin and its technology, "There is no shortage of believers in Bitcoin and its underlying blockchain technology, but when it comes to investing in the cryptocurrency, billionaires Warren Buffett and Bill Gates both think it's a bad idea." read this interesting article https://www.pcgamer.com/bill-gates-thinks-investing-in-bitcoin-is-crazy-warren-buffett-calls-it-rat-poison/
you're right, besides that the gates bill is also a developer. besides being rich, he also might not see enough good profits in blockchain technology. besides that the company is a developer of hardware technology, and I think this is quite different.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: efxtrader on December 11, 2018, 08:19:23 AM
In my opinion, Bill Gate not hating bitcoin or cryptocurrency, he just warning us to be carefull when we decide invest in cryptomarket. We know that cryptomarket always high volatile and i think he just warn us to keep safe


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Robertqueen2 on December 11, 2018, 11:44:45 AM


In various interviews with Bill Gates, we notice that the main reason behind his refusal of Bitcoin and other altcoins is the anonymity of transaction which could lead to boost money laundering and other illegal acts which the governments can't trace.











Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: nicko122 on December 11, 2018, 12:05:34 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?
I think such comments can be justified by the instability of cryptocurrency prices. I think I read an article about half a year ago that Gates has Bitcoins! 8)


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: satosibtc1000 on December 11, 2018, 12:18:48 PM
Well, for example, he is right, but I do not understand why then he used to accept payment in bitcoins for Microsoft products.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: barabarian1 on December 11, 2018, 01:56:04 PM
perhaps because the anonymous nature of cryptocurrency can be used for crimes such as money laundering, terrorist funding and drug sales. and I think it's true we can't avoid it. cryptocurreny has advantages and disadvantages we must accept. although cryptocurrency can be used for criminal activities but crypto can also help many people overcome economic problems. many people have achieved financial freedom and become new rich people after investing in crypto.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Amevalentine on December 11, 2018, 02:14:55 PM
Do you think he is against?
While he is in fact investing?

What some people in public focus loudly announce may not be what they are doing in fact. :-X
Billy is unlikely to invest anything directly himself, rather he uses a large number of funds and analysts who support his portfolios. bitcoin is too risky for him as for a conservative investor.

I think what I believe about bill gates is that he is a very genius scientist and makes Windows software and satoshi makes bitcoin and both great people and I catch bill gates against bitcoin because bitcoin is considered instant and maybe the jealousy of bill gates can affect it could be


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Umaga. G on December 11, 2018, 02:19:50 PM

I dont think he is against cryptos, I only think he as many others would like to have a regulated market. Once this happens AML BitCoin will be accepted everywhere since its the only compliant coin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: leetcoiner on December 11, 2018, 02:49:58 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Obviously, he will be against cryptocurrency because cryptocurrencies pose a potential threat to his capital. If everyone starts using the crypt actively and it officially takes the status of a valid currency in the world, the cost of Fiat money will begin to strive for zero, as the need for them will slowly disappear.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Gabrielexas on December 11, 2018, 02:59:00 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Bill Gates used to love bitcoin https://www.youtube.com/watch?v=r6mOUh_NY8M  not sure if he is so against it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Gabrielexas on December 11, 2018, 03:02:21 PM
Bill gates also admitted that Bitcoin is better than currency  here https://www.youtube.com/watch?v=vwHKGa96S9M


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Spider A4 on December 11, 2018, 03:44:28 PM
Bill Gate is the stronger believers of Bitcoin, you can watch this video what say about Bitcoin https://www.youtube.com/results?search_query=bill+gates+talking+about+bitcoin+ I don't think Bill Gates against investing into btc. Even he is investing millions of dollar there are many rumors his investment.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: sikkan on December 11, 2018, 03:56:01 PM
I suppose he has several reasons for being against. They are: 1. Cryptocurrency has anonymous nature. 2. For now it has speculative nature and does not have any tangible value and 3. It is rather unstable.
Even such wealthy guys like Bill hate to loose their money))


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: santino11 on December 11, 2018, 04:08:22 PM
I dont think that bill gates still not into cryptocurrency. i think that guy has its own mining room.
BITCOIN and cryptocurrency has made them richer as the mining industry need their computer and parts.
I am looking forward for better soft and hardware soon in the future connected to blockchain and cryptocurrency.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Scharfenberger on December 11, 2018, 04:26:11 PM
Looks like he is uncomfortable with its high risk and anonymity. He prefers to control his money and investments and crypto is not that kind of sphere.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: AnDoom on December 11, 2018, 05:35:07 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.[Suspicious link removed]s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Lol! How do u know, maybe he has btc, eth, cat, mgo, xrp and many others. And he just doesn't say this. Hahaha Then, he'll become even more a billionaire while u will not  ;D


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: pant-79 on December 11, 2018, 07:17:55 PM
Bill Gates from the quote used in the article made it clear that he doesn't invest in crypto currencies, as they are very speculative.
I also assume that he, as one of the founders and former major shareholders of the Microsoft campaign, is more interested in maintaining the stock market than the cryptocurrency market. And if he starts to declare that he has started investing in cryptocurrency, then this can significantly influence the decision of people to buy cryptocurrency.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: speeder on December 11, 2018, 07:24:38 PM
Well i think that this cryptocurrency market is already very unstable so from a different point of view is good not to invest in Bitcoin because it's very risky and you can lose a good amount of money.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: smartbitcoininvestor on December 12, 2018, 05:52:33 AM
Bill Gates knows Bitcoin is technologically safe and that the Blockchain is a sound way to protect data and make it immutable.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: PlusOne88 on December 12, 2018, 09:10:55 AM
They are not just any individual they great businessman who have the best knowledge almost about everything that may be worth investing to them. And because of this idea, It might be that they have really studied bitcoin before saying anything about it whether if it is good or not. If he thinks he cannot earn as much compared to his business then it is possible that he would never participate on it. And also if Bill Gates have not participated in cryptocurrency investments, then maybe he didn't even need to invest at all because he was really rich as of now.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Eko prasetyo on December 12, 2018, 09:46:28 AM
That is one of the opinions of someone there will always be people who for one reason or another will fight bitcoin and question the technology.
All depends on our beliefs and stability in stepping. Learn the crypto currency yourself and think about whether you are ready to invest in it.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Olaiasal11 on December 12, 2018, 09:55:24 AM
We know that ICO is a risky thing. Many people invest in ICO, but not everyone can see the face of profit because most ICOs do not reach their target and they are forced to scam. Again many projects do not get the price because the funds are not reached .

So maybe the bill gets not supported to invest in ICO.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: cry023 on December 12, 2018, 11:16:50 AM
 Bitcoin and other crypto currencies are "kind of a pure 'greater fool theory' type of investment," Microsoft co-founder Bill Gates said Monday on CNBC's "Squawk Box."
    "I agree I would short it if there was an easy way to do it," he said.
    Gates added someone once gave him some bitcoin for his birthday, but he sold it a few years afterward.
According to previous discussion with Bill Gates in CNBC He telling he totally doesn't like the crypto currencies. according to my knowledge and experience in this world no one wants to risk their money without any reasons like bill gates. Bill Gates already have lot of money and most of his business are run by USD. If one day bitcoin increase then his all business will be get down I think that is the main reason he doesn't like to invest money for crypto currency.

and also I  100% agreed with some articles in discussion. Everybody have most valuable ideas as I thought and I think my ideas also will help.
thank you....  :) :) :)


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: vedderpeterson on December 12, 2018, 11:24:31 AM
People will always have different outlook and opinions in life. If he doesn't want Bitcoin then just let him..we will just continue also supporting Bitcoin. :)


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: BurgerCash on December 12, 2018, 11:28:59 AM
Because bitcoin is not a good investment nowadays. Maybe at $10 - sure, but nowadays it's only worth shorting it.
Bitcoin will only succeed if it succeeds as a currency, and even its devs are opposed to this idea.
Bill Gates wants you to put your money and efforts into something productive, not the lottery ticket that BTC has become


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: bitfocus on December 12, 2018, 11:33:37 AM
Those their personal opinion, your opinion should be your own and not be biased by anyone's decision.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: valisa on December 12, 2018, 11:38:31 AM
most rich people like bill gates are not interested in bitcoin, maybe because they have a lot of money and they think bitcoin is unprofitable and has a high risk. they argue that bitcoin is not the best choice for investment, maybe that's the reason why many rich people oppose investing in bitcoin.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: kalel18 on December 12, 2018, 01:21:52 PM
no need for bill gates to invest in any bitcoin, if everyday he earns a millions why you still invest in bitcoin, and maybe they do not have time because of their business  they have no time for it. When I'm like them I will not do anymore to invest it I'll spend my time on my business that's my assurance.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Spider A4 on December 12, 2018, 01:57:42 PM
Many multi billionaire have invested in BITCOIN. But they never published in openly, but if cryptocurrencies is a anonymous so everything is hidden who have how much invested or not.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Perunex on December 12, 2018, 02:51:40 PM
Of course billionaires are against Bitcoin as it can reshuffle the cards. Would you reshuffle while holding AA or KK? Of course not.

Secondly, Mr. Gates is not an investor. I wouldn't trust his judgement on any investment, even the traditional ones. His value would only be some internal info and that is quite hard to get. And sanctioned of course.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Pagoda.to on December 12, 2018, 02:54:24 PM
Yea I often don't like to take investment advice from people who are not real traders or cannot relate to the average person.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Loopper on December 12, 2018, 03:30:29 PM
Many multi billionaire have invested in BITCOIN. But they never published in openly, but if cryptocurrencies is a anonymous so everything is hidden who have how much invested or not.

This is just their plan to make a big profit and not show off the benefits they get. This has all been planned to happen. You should learn the choices of several people to produce a different thing than the reality.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: gesdan on December 12, 2018, 03:30:59 PM
i don't know about the reason that makes hie don't like bitcoin and investing on it, maybe some people have their own reason that hates bitcoin right? and i think that its normal when people disagree with other people statement


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: wxa7115 on December 12, 2018, 05:09:33 PM
Yea I often don't like to take investment advice from people who are not real traders or cannot relate to the average person.
You should probably never take investment advice from anyone, you never know what their intentions are and it is impossible for you to be sure if they are being honest about the advice that they are giving you or if they have hidden intentions and they are trying to make you buy an asset because they're going to benefit out of it, you need to reach your own conclusions about the market and then act on those conclusions.

This is why investing can be so hard you cannot trust anyone when it comes to the advice that they are giving and you need to find your own reasons of why you should invest or not in a particular asset and if you are not capable of doing that then you should not be investing in the first place.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Udrujec on December 12, 2018, 09:56:45 PM
I don't know the true reason why bill gates doesn't trust bitcoin. But even despite the statement of this authoritative person in the world of technology, I continue to be confident in bitcoin and its technology. I think that his prospects will be justified.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: tiktak89 on December 12, 2018, 10:15:52 PM
It is possible that people like bill gates are quite conservative in some ways and do not see a future for cryptocurrency. But I do not think so, because not only computers and operating systems should develop, but also money.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: udivkx on December 12, 2018, 10:20:10 PM
Surely he has a pretty good reason not to believe in bitcoin and not to see the prospects of its use. But it is not under all to think as there are many positive opinions about bitcoin from no less influential personalities.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: biletskiy on December 13, 2018, 04:02:34 PM
Bill gates also admitted that Bitcoin is better than currency  here https://www.youtube.com/watch?v=vwHKGa96S9M

Yes, I know. I always suspected that Bill Gates was among those men, who were the first ones to invest in Bitcoin. This is a very intelligent person, and he could not miss this chance.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: zoeylee on December 14, 2018, 06:55:51 AM
I think a billionaire like Bill Gates doesn't need to take the risk of the volatile market.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: btyco on December 14, 2018, 07:49:41 AM
He was just fudding to bring the price down, his strategy worked so now he can invest his billions and double his fortune. Same as warren buffet who he probably colluded with


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: dentolas on December 14, 2018, 08:05:08 AM
First of all, is the source confirmed? Are we sure? At this point, with so much FUD and fake news around, the only way to be sure on what oncle Bill thinks would be to speak to him...
Than, we shouldn't believe on everything we hear.... oncle Bill has a large stake on ETH (or supposedly he has or had)... so it is only natural that BTC is not so good, and besides, do we know that he is not fudding in order to accumulate???


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: leech. on December 15, 2018, 02:00:19 PM
Because he has his own interests, which we can only guess. Bitcoin is a very big thing. This is just a division of spheres of influence.


Title: Re: Why is Bill Gate against investing into bitcoin?
Post by: Babyrica0226 on December 15, 2018, 02:46:08 PM
I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies (https://www.google.com.gh/amp/s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies?

Bill gates is one of the riches person in the entire world, if He said something about negative things in bitcoin in terms of investing on it.
I don't think that He is telling the truth, why? remember that He is a business man, who knows that this might be His way to dump the price value of Bitcoin, He might using His influence to convince people to follow His thoughts then in the end when it happen that Bitcoin dump its value He will take the opportunity to a huge of bitcoin and then Hold.