Bitcoin Forum

This guys both have controversial characters in blockchain community each one for its own reasons, but what could come out from their lunch?

What could Sun need so bad from the guy that he payd 4.5m?

Justin Sun + Warren Buffet = Love.

Doubt that this union can bring something good to the world of crypto, as according to what Warren Buffet say - Bitcoin is just an delusion. “Bitcoin has no unique value at all. It doesn’t produce anything. You can stare at it all day and no little bitcoins come out. It’s a delusion basically.” (https://www.ccn.com/warren-buffett-still-clueless-about-bitcoin-calls-it-delusional)

For context:

• https://www.coindesk.com/tron-founders-winning-bid-nets-dinner-with-warren-buffet
• https://twitter.com/justinsuntron/status/1135577770044485632

As per usual, yo boi Justin Sun once again looking for publicity. As if he isn't trying hard enough to get attention in crypto Twitter.

What do I expect? Probably Warren Buffet scratching his head. Justin Sun's english is not that good, and to add to that, him trying to explain the "technology" of Tron, most likely by spitting out some crypto hype words like "decentralized" and stuff.

Justin Sun is going to make Warren Buffet even more convinced the whole thing is a total scam.  Justin Sun is the thing that is wrong with blockchain.  After lunch with Justin Sun, Warren Buffet will be absolutely sure the whole thing is full of scammer idiots. 

It is a very big loss to the community.  If Justin Sun wants Buffet to believe, he should send Andreas to the lunch instead. 

Tron is a fucking a publicity joke.

I suppose Justin Sun figures the publicity of this is worth the amount paid. He will be able to discuss cryptocurrencies and his project with Buffett, and may even record and disseminate the exchange.

Buffett is set in his ways and probably wouldn't even be convinced by Andreas Antonopoulos. I recall he was hostile to internet companies when they were booming. He is by nature an old and conservative investor, and I can't hate on what he's accomplished. I think he's overrated, but he is not someone the industry has to depend on in any case. Sun will get what he wants, namely attention.

This event is sure an interesting thing.  I wonder what will be the effect of this news to TRX and BTT.  I bet shillers will make an exaggerated story out of it to pump their beloved  TRX and BTT.  Nevertheless, I wanted to see the end result of this dinner.  Would Justin Sun influence Warren Buffet to change his view towards cryptocurrency? Or would it place the final nail to sealed and make  that belief of Warren Buffet firmer?

Sun might convince Warren Buffet about cryptocurrencies and sop the controversy about Bitcoin scams. I think it's a good time for these two Giants to talk about what good things this Bitcoin can give to their businesses.

Probably explain how blockchain works and show him some examples . Buffet told that Bitcoin is rat poison , but Justin will proove it's not :) If you take a look at Warren Buffet investments , then you will see that he missed Apple , Uber , Amazon and even more oportunities , so he is not always right :) He ofcourse is rich , but there is 1 more investment he will not miss i think ;)

Yes I know and I hope so, even though there are many opinions about justin sun and coins, in my opinion this is a good step for cryptocurrency. Sun assured the buffet that crypto was indeed profitable and in his quote "the best investment opportunity is when people underestimate the technology" and it was true that the buffet didn't realize the potential of apple, google and amazon at the time. But hopefully with a buffet lunch can join in cryptocurrency.

I'm sure that their cooperation is going to develop their businesses, but in my opinion the most important issue is whether they are going to include the well-being of the Bitcoin users too.

Regardless of what they are going to talk about I dont think Warren Buffet will be convinced that easy to change his belief about cryptocurrencies,at least not by only one person. It's possible that he seems something he didn't notice before but that's not enough

The funny thing is I am actually so surprised that Buffet accepted the offer. Justin Sun has been quite a crypto "slut" to be fair. Courting every possible partnership you can imagine of,,, even trying to say he was in talks with Liverpool FC in UK! The club itself had to just move away after he announced it on Twitter. That guy is really running all over the place hehe

This sure is an expensive publicity. I believe there are more efficient ways of publicity for 4.5m. I am inclined to believe he has some offer, however I think Buffet is completely numb to crypto.

Is there any way to know what they will discuss on the lunch?

Yea pretty much, unfortunately. As if Warren Buffet isn't skeptical enough; this dude is going to bring Buffet's skepticism to the top. What's more crazy unbelievable than that scam that is Tron though, is how much people is still actually supporting that project. It's completely bonkers.

Boi trust me when I say that $4.5m is probably next to nothing to Justin Sun. It might not be THAT much publicity, but the fact that Justin is going to talk to a very famous investor is going to make gullible people look up to Justin more.

It is very obvious that Justin Sun is a good media manipulator and he is enjoying all the attention he is getting. So what will he get from paying that much money for the lunch with anti-Bitcoin critic Warren Buffet? Publicity. Nothing more nothing less not unless we can include the satisfaction he may have for contributing for a charitable event (thus helping people in the process).

I must say Justin sun is the most controversial person in the crypto world. He has dished out such huge sum just for the news again, and to draw his usual hype to its projects. To me I still don't see a Warren Buffet input in the crypto space anytime soon.

According to the rules of winning the auction, the winner can still invite up to 7 people, this is a winning situation, talk about cryptocurrency, maybe Buffett will change his point of view about cryptocurrency,
investment will flow.

It seems to me that these people are like the personification of two eras. One of it is leaving and legendary, and the other is new, bright and swift, but still very unknown. I do not know what they will communicate, but it is unlikely that people can actually find a common language. It seems to me that these people have different ideas about business and everything else. Although, who knows, it may turn out that I am mistaken and Buffett will believe in cryptocurrency after communicating with Sun

Justin Sun spent $ 4.5m on lunch with the main purpose of marketing to the world to understand more about crypto. It is a good action, the world will know more crypto after this event, and what he said to Warren Buffett, we cannot know. Hope everything will be fine and we will cut the news well.

Craig Wright might already have that title.

Sun didn't pay Buffet 4.5M USD.He will spend the money for charity.
I really doubt that Justin Sun can achieve anything other than meeting Warren Buffet in person. ;D

another case of obvious altcoin advertisement that is going to possibly create some temporary hype in the market of that altcoin and get that coin pumped for a little while before they dump it again and enters its death phase.
I am surprised that people still have a hard time seeing the same repeated pattern!

going to make headlines in some mainstream press.
more publicity to cryptocurrency :)

Warren Buffet doesn't have much longer to live anyways, he is a 90 year old man that should be doing more for humanity instead of trying to gain even more wealth that he will never even use.  Maybe he will buy a few bitcoins for the hell of it since $8000 to him is like a penny to us.

I hope Sun is about to convince Warren about Cryptocurrency, although he's not the best person for the job, a bitcoin-core developer could have well fit this occasion, he should take along a bitcoin core developer with him so as to talk to Warren himself. I hope Warren changes his mind about bitcoin soon.

Hahaha, that could be true, but we don't know how long he will live. Maybe he wants to get more popularity in the cryptocurrency, so they make that news, and I think that will take attention from the public.
We know that some people react with that news, but the others still wait for the next thing that will happen.
I don't know what are they want from that news and only them that will know, so we need to wait and see.

It just might be John Mcafee who wants to be the next president and promoting it by plastering his face on a credit card saying "Mcafee for 2020!" ;D

Justin Sun is a spendthrift and we all know that from his crazy spending life style and his love to media attention and now paying $4.5 million for a lunch with Warren Buffet to change the concept of an old man who does not understand much about technology ::) . I am sure he is playing ball with the investors money rather than his hard earned money by the way he is spending he will end up in trouble without any funds for the project too if he continues like this for the next five years.

Well it is great for the crypto community as all the press surrounding it.  Justin has been on CNBS and the best outcome is that his team convinces Buffet and makes him change his stance on Bitcoin.  An endorsement from Warren Buffet would be huge and help with mass adoption.  However, that is the BEST case.  Most likely Buffet will stand by his stance that Bitcoin is worthless.  But the exposure from this meeting helps a lot.  A no lose situation in my opinion....unless Justin makes a fool of himself and Buffet comes out saying he believes more than ever that crypto is a joke ;D

This is just pure hype and Justin sun is a man of publicity, he thinks that he can changed warren buffet to like cryptocurrency, no it will never happen. I think Justin sun used bitcoin to pay warren buffet then warren buffet dumps that $4.7m worth of bitcoin and this is the main reason crypto is in a peril right now.

it doesn't help crypto at all. The fact that Warren Buffett makes money is only for charity and JS is trying to use money to make a name and fomo. I do not hope this meeting will go anywhere. It's just a meal of 2 billionaires.

I thought Sun is going to end Warren Buffett's skepticism about bitcoin but it seems that it won't happen. Because he's probably going to talk about his projects, Tron and Bittorrent on how good they are (because it is his).

Doesn't have anything to do with the crypto community as a whole but for Justin Sun, it's more of a publicity stunt just like what he always do. Just like last time, he's attached to CZ and now to Warren Buffett. Who will be the next personality that he'll have for his publicity?

I agree with you, JS must be recognized as a person who knows how to do marketing. Each of his tweets has special meaning and value, and often it will help the value of TRX, BTT increase dramatically. and this time too, give up $ 5 million to "run ads" for the project and collect a lot of things. Media in other countries are also reporting, some non-crypto-related newspapers also report as Warren Buffet is involved. Brilliant!

In this case it's an easy short for you

As much as people hate on Justin Sun, the guy is a business man and knows the right move to make to create the necessary hype for price increase and lots of people are making profit under his announcement ;D   probably justin will be able to convince buffet and make him see reason why he should have different view on btc and possibly invest too ;) even though btc is doing very fine without buffet,
if this lunch won't yield any positive result i don't think Mr Sun will go for it, fingers cross something is cooking under ;D

Justin Sun is very smart people I think he can actually convince Warren to unite and also believe in the cryptocurrency, also with the help of those he invited for sure they can do something that can change the title of Warren to BTC. I guess TRON will take almost all the benefits here if that really happens.
I am hoping for the recovery and this can actually help the current situation of the crypto market.

I think I saw on his twitter he is not the one who will be attending the luncheon. But will assign a delegate for him.
I heard this from another source earlier yesterday as well. But it hasnt been confirmed who will be actually be attending.
Is Justin Sun chickening out of this lunch to meet and greet warren buffett? Or was it all as someone else pointed out earlier just for the attention ???

Scenario 1: "blockchain technology" becomes more hyped because Buffet makes some positive statements after the meeting, shitcoins like TRON get some small or medium boost. Depending on how much praise we'll hear from Buffet, and whether he'll continue doing so, we might see the return of ICO's, or new forms of activity like STO getting more traction. Bitcoin largely unaffected.

Scenario 2: Buffet makes some very mild statements that basically don't mean anything, or maybe doesn't speak anything at all, people quickly forget about the whole event, nothing happens with the market, end of story. Bitcoin largely unaffected.

I do not think there is something Justin Sun can say that can change the stance of Warren Buffet on bitcoin, Tron or cryptocurrency in general. So this event will have no bearing or effect on bitcoin and cryptocurrency. Time will pass and this event will totally be forgotten.

they both celebrity for grow up them pamor life and nothing special for cryptocurrency price.
Warren hate bitcoin and sun want to grow up tron, People only watch they launch on candle light dinner on box while hit button sell

This guy just spent nearly $5 million of investor ICO funds on a lunch. Let that sink in for a moment. ;)


That's my initial reaction too but you never know. If nothing else, the guy knows how to market shitcoins. Maybe he'll get old Buffett to come around.

It means he got lots of funds from community, and easily to spend such huge money for a lunch. Almost everything we can learn from Buffet, we can get them all from his books, reports, and interviews. There is no reason to spend such money for lunch to have directly talks with Buffet. I don't think we should spend money for such things, if we have to work hard to earn money. But, it is not the case of Justin Sun, whom got easy money.  :)

About the value? I don't think so, there's no hidden or special meaning with those tweets. It's more of marketing and everyone who reads it will be encourage to buy more of his Tron and BTT and yes, that results for more volume to those coins.

WB is a big name in the financial industry and it's a big coverage if they will be reporting it. That's how media works when there's an event that will catch the interest of the people and mostly their readers.

I am agree, its could be one of many marketing strategy from justing sun. We already knew how is good justin sun in marketing and make announcement. But i hope with his lunch with Warren Buffet, could change Buffet mind about cryptocurrency because several months ago, he said crypto is rat poison and not believe in cryptocurrency

I dont think Justin Sun is controversial person, he just person with good marketing strategy for his project. This lunch could be very expensive but for cryptocurrency community, i think its good marketing strategy, getting more people to know about crypto and the potential behind crypto in the future

I am agree that Justin Sun is smart man, he can use his influence in social media to pump the price of Tron or build a good platform. To convince Buffet in just one lunch, i think its hard but with his lunch, he give message that cryptocurrency market is legit market and good investment. I think he spent $4 million for lunch with smart

We don't need Buffet because of what's he's been saying to the community and cryptocurrency in general, and Sun is acting so strange why he wants to have dinner with an idiot like Buffet, well idiots of the same feather flocks together nothing will come out here.

Yeah I agree that we don't need Buffet in crypto, but in other things like marketing strategy and attracting investors, how to see and make a good project, Buffet could be a valuable source of information, the combination may be awkward because from the beginning Buffet never believe in crypto, but who knows something good could come out of it, Justin is a good marketing person, with this he can create more publicity for its coin

I saw a chart on how many views it got from different media outlets and most of those agencies are from mainstream. And from just one media agency, it reached a whopping 42 million impressions.

And the other media agencies also reached million of views which means to say that although JS paid million for this lunch. But the overall effect of it to him got a positive impact because of those impressions.

I think Justin has taken a very smart move, he is trying to lure investors and trying to create his image in the traditional finance industry by going on dinner with one of the core pioneers of traditional finance domain.

This way people have more trust on him, his brand image will change and you never know one more way of pumping the coin.

Why him? OH God, this guy is just there for his own interest. He must be very prepared to shill his Tron crap project on that old billionaire. I only see a worst outcome after this expensive lunch. I hope CZ talked to him before so he can take his place and make Binance and Buffet as official partners in the future.

We never know the full basics of meeting both. Of course while relaxing will talk business from these two people. So we will not know in detail the meeting of these two great people. Just wait for what happens in the future.

It is true that someone trying to make something better often comes to a notice of the mass people. So are Justin Sun and Warren Buffett. But in case of Sun, he is always at efforts to make his project Tron a success and popular. He is in favour of cryptocurrency,  while Warren is against it or he is sometime rumoured of favouring it. For me, I favour Sun, who is doing hard to make Tron a success.

We don't what would it be all about, but let's just hope it will result to the benefit of crypto.
If Warren Buffet will be convince in crypto, that would become a big headlines and that will attract major investors in the market, he is a big icon
in the business world, so his influence is big.

When i saw the news though. Let's hope cryptocurrency is moving beyond our expectations.  Justin is the most controversial person in crypto. He has made it this far, connecting with warren, maybe that's a good news. Something better might be an outcome.

I think justin sun is looking for publicity and warren being popular can give him that. Justin would love to command investors and this is one of the best way to get their attention

I don't think he actually needed anything from the guy, he is just a businessman and know what to do in order to attract the attention of people to him, what he is trying to do is to promote his project tron and the truth is that jut because of this little act of his, he would make even much more than the money he has spent to see Warren Buffet because a lot of persons might now be interested in the project, driving the price of the coin high.

This combination Justin sun and warren buffet wont bring any positive for tron and other crypto currencies i feel spending 4.5 million dollars will go waste

Even if warren buffet only spent a few thousand dollars in buying tron it would have a huge impact to include him as a list of investors. If he bought a few bitcoins then even better for all

Sun has every right to blow his money on such publicity stunts, but again, he's unlikely to convince Buffett of the error of his ways. Buffett is set in his beliefs and won't budge on cryptocurrencies. As a value investor, cryptocurrencies are the antithesis of what he seeks. Cryptocurrencies are highly speculative and also highly potentially rewarding.