Bitcoin Forum

If you understand the evolution of money and tulip investing, it all makes sense.

you need to understand they some how fear this tech because its slowly kill the value of paper its like uber to taxi....

Because he simply doesn't understand it. He doesn't even comment much on the uses of Bitcoin, instead, he just call Bitcoin some derogatory names. For some reason instead of staying neutral because he doesn't know much about it, he tends to just focus on the negative aspects of Bitcoin: gambling and such.

Probably because it's hard to understand about cryptos, and it's easy to say it's a gambling than try to understand BTC and implications in the future
But they have more money than a person should have, with BTC or without, he'll continue billionaire, it's indiffent

yehh you also right but take into accounts that billionaires from money paper fear that the paper will son lose huge value because the over all system is in very bad position which mean

the main currnecy which is the usd is backed by 20 trillion debt and growing and all of other paper money depend on the usd and overall most of other paper money like india and russia and so on the value is shit,

this is why the huge hate for this...its much more deep and i fucking lazy but if op want more deep economical expert explantion which he can ask then expert economis and recheck my statement or just wanna go the rabbit hole i will take the time

know the main reason is they fear for their pile of money other shit dont move there balls its also very simple to understand,

they fear that paper money will lose value from the spike of crypto and adoption of it,

they dont understand tech its simple yet the huge hate will not come from this , its come from fear maybe one day all there money will not worth as it worth today.

I slightly doubt that this is the reason. Remember, as far as I know, when hyperinflation/economic crisis occurs, it's not the rich people likes Warren Buffet are going to get screwed, because the rich mostly have highly diversified wealth to different types of investments. It's the poor and a good percentage of the middle class is the ones going to get screwed.

no you are wrong they more screwed the any one else,,,,because normal people already suffer from everything , long day job and low salaries and much more they long ago feel this....

this is the only reason they hate this in other words

when greece crashed the normal people didnt take ot so much serouies its even fun for them after so boring life with almost no money and all day long job...they already screwed , YET the riches , wait .....read this

do you know the very rich people of greece a alot of them hit heart attack , and other things when greece crashed relative to normal people which it dosent move there balls because they already there somehow,,,

in the moment greece opened the banks again the riches fast convereted the money to usd and the smartest convert to diamonds because....its cannot crash like paper money.


which all this lead to when crypto will spike because soon will pop startups that help us to buy almost anything with crytpo and we dont need to sell crypto and buy with it directly this process over all will lower the selling rate of crypto and surge the price of cryptos(low supply) without even demand grow,,,,which lead other rich people fear more like in greece from money paper and they will converttheir money to diamonds and some to crypto.

It's not really that hard to understand the basics of cryptocurrency, only that many are too lazy to do their own research and follow the conclusion of 'experts' or the suggestions of banks and governments about the risks involved.
If the skepticism shared by many about cryptocurrency can be quelled, a lot would be able to discover it's true potential.

the problem with diamonds they are stor of value and yoy cannot buy brands,clothes,cars,houses they must to convert gold diamond to some cash that accepeted everywhere.


now crypto is store of value and cash and peer to peer which move out any middle man

true

In my opinion, Warren Buffett hate bitcoin because it's a way for many ordinary people that without trading knowledge become rich.
He thinks he is big and wealthy, most successful in his work and now some kids get rich overnight thanks to bitcoin :)
He is trading on the stock market whole life and become no. 1 and I don't think he is willing to change, understand and accept new things.
He is past, we are the future guys! :)

I absolutely agree with you. He simply will not accept anything new, it is beyond his understanding and habit.

This is because Warren Buffet does not fully understand that the pace of technological development and somehow globalisation as well is way more dynamic than ever before. We would like to remind that this guy made his fortune on businesses which had been a great investment in the past, but now it is impossible to get such profits on what he had been investing in the 1980s.

I don't claim to be an expert in economics and such, but I 100% doubt the "normal" people found a financial crisis "fun" lmao. I'm pretty sure the majority of their wealth(fiat) being valued far less than it used to isn't "fun".


Do you have any source for this? I'm genuinely interested. I heavily doubt that diamonds are the chosen asset of the rich to be used as a hedge.

So damn true. Imagining you've spending all of your life, experiencing a number of times on the verge of bankruptcy to become so called "legend investor". But some day, many people of your grandson's age become millionaires or even billionaires without any knowledge about finace. How unfair! I think jealousy is the main reason behing Buffett's hatred on bitcoin. He can't stand the fact that many many people are becoming rich from bitcon.

Basically, Buffett W is old and shouldn't be surprise that he always get stock whenever the issue f Bitcoin is been measure. Old men aren't good in accepting technology like the young ones, so, let's forget him and his outdated knowledge in finance, whatever. Bitcoin is More difficult to understand even to the young lads compare to old man. He hate but Bitcoin love him back, and it will grow beyond what he think

search on the web about the diamonds this rich people so fear to lose the money they have and after this kind of crash they search other store of value....some of them know this simple fact that usd is backed by 20 trillion debt and simple movement can crash everything there and everything is depends on usd and after all other paper money most of them have shit value maybe euro and another one great yet they depend on usd,  so the fear lead to convert to diamonds rather then gold because with gold you need huge security and other shit compare to small quality diamonds.

but after all this why crypto win why?

1. its peer to peer here the huge value of bitcoin come its put out governments/banks/paypla and bunch other from the chain.
2. its store of value like gold and diamonds and cash in the same time which mean gold/diamonds the selling rate will always grow because you need to convert them back to some kind of cash(value) that accepeted everywhere in order to buy cars,house,clothes and this mean you cannot sell all the diamonds and gold in the world the supply is huge which mean some will stuck with it and need wait to convert yet  bitcoin is store of value and cash.
3. bitcoin supply and other low supply coins have much less supply then gold/diamonds relative there is equation to see this in nice difference.
4. compare to selling rate of diamonds and gold which only will grow because in the end they must to convert it to buy things compare to crypto which selling rate soon will fall because soon and already pop startups that which help us to buy with crypro hence the selling rate of crypto will fall and price will surge very soon without even demand growed,,,its because selling rate fall and people not convert crypto to cash fiat rather buy with it directly.


i just said you wrong i also dont expert in others area ....we equal somehow :)

but this is how we learn by  sharing quality info and sharp each other rather then bullshit posts which lead to no where

peace mate

buffet says invest in stock or sector which you understand most , may be buffet didnt understand crypto or bitcoin and he didnt invest 

Because it may be contrary to his economic interests.
He may be trying to buy Bitcoin at a lower price.
He may be far from seeing the future.
He may not have understood the difference between Bitcoin and metals whose value is determined by others.

I can list to forever...

the biggest one for sure is usd will lose value the other ones dont move his balls and if this kind of new tech was not about to take down paper down like uber to taxi he was say its killer tech and great and other shit.

and he know the value of bitcoin and that its peer to peer and other shit he is far away from be dumb hhhhh

he hate it because he know crypto is enemy to paper money period.

TRON recently won a bid to meet with him

https://coinbeat.com/tron-founder-wins-a-4-5-million-bid-to-have-lunch-with-warren-buffett/

I don't think he its bitcoin because he does not understand it but rather, I feel he hates it because there will be new sets of young men and women taking over world economy (financially)

Warren Buffet was tried to convince many times by many people. But as he does not understand technology, So he said I do not need a pc.  So why will he care about a thing like bitcoin or any other digital system? Warren Buffett always looks for ways to invest money on something which will have profit. And he has to understand it and be sure about it. so all the company shares he bought he knows that it has some values left in them.

Why is everyone so adamant that Warren needs to understand and learn about bitcoin, he is an old person to understand the changing technology and in his experience he never saw anything like that and since he made all his money in the financial market he could not understand the logic behind a decentralized economy and you cannot blame or take a old mans word seriously  :P.

Coz he's a centralized fraudster.

He hates it for a few reasons. Honestly when I first heard about Bitcoin back in 2012/2013, I also assumed it was some type of scam. It wasn't until I actually started mining BTC in late 2013 before I discovered how useful it can be.

Bitcoin has left a bitter taste in many peoples mouths because the media in the 2011-2014 years mostly covered bitcoin news when it was negative. Like it losing 50% value very quickly, Silkroad indicent, MtGox hacks, etc. They generally never discussed Bitcoin in the positive news. Hence why when most people read the headlines back then, it sounded like something negative. I think Warren's reason is not much different.

However he is an old dinosaur, and from what I heard doesn't even use a smart phone. He just sticks to stocks which he is good at buying and doesn't want to get involved in Crypto because he is pretty much retired.

They see this as a threat but we see bitcoin as a good technology and that’s why it keeps on pumping. Warren hate this because its decentralized and he can’t control the mind of people, same belief with other government and companies especially banks. The evolution of money has gone so far, and it bring us to the technology of cryptocurrency which is good right now.

Warren Buffet doesn't hate bitcoin and he has never said anything like that. he either doesn't understand bitcoin which makes sense since his investments are towards things that he can touch with his hands or fully controls and bitcoin is neither one of them. or he has been accumulating bitcoin while FUDing others not to.

additionally you can call bitcoin Tulip, bubble, fraud, ponzi,... as much as you like, it will not change a thing. bigger people have been saying it more than you way before you and it didn't change anything ;)

he didn't said that he hate Bitcoin but he is spreading negativity related to Bitcoin .  I don't believe that he didn't understand Bitcoin because he is a professional guy and I also don't think that he didn't invest on Bitcoin . Maybe that is his strategy to create fuds so that people will panic sell and he can take advantage of the situation  .


Yes anyone can say whatever they want regarding on bitcoin but if influencial people will say negative stuffs , Bitcoin will be in threat  because other people might easily believe on it .

Because however he analyzes it, Bitcoin cannot convince his old mind that it is a sound investment, or even a sound money. He does not see value in it. Well, he sees value with fiat, on the contrary. That means there is something wrong with his mind, perhaps too much traditional? The numbers that Bitcoin has shown as proof that it has appreciated so much is simply foreign to him. Let him be.

For some losers, grapes are always sour... I respect Warren Buffet for the tremendous achievements he had during the 1970s and 1980s. But times have changed and Mr. Buffet is unable to keep up with the changing economic climate. From his interviews, it is very clear that he is unable to understand the basic concept of decentralized currency. And opposing anything that we don't really understand is a basic human trait.

He's old, he's made enough money, and couldn't care less about researching more things that could make him even more money.

for us decentralized currency is merit but for buffet same merit is demerit as no govt or central bank back it so it is just speculative asset.
Prices of bitcoin are so much volatile and no doubt sometimes it is manipulated also, so this one may be the 2nd reasons for him to bash btc.
But the way he hate shows he is confident of his opinion and do not want to give time to crypto market get stability as it is just beginning and we need to do more work here for adoption like fiat and gold. So there should be criticism instead of having arrogant view on btc.

Warren Buffet is really of the old school way of investing that is why he is successful as he is more on stable and solid companies. Now, he is admittedly not good on tech companies that is why he never invested with Google and Facebook back in their start-up days (I am not updated though if he has already included these companies in his portfolio presently). This can be the big reason why he feared Bitcoin or cryptocurrencies for that matter...and it is not really because he hates bitcoin but because he simply could not fully grasp the significance and value of the digital assets. Anyway, he is generating publicity for Bitcoin so in a sense he is actually helping the digital gold get more popular...and we have to thank him for that.

Oh, here we go with the Tulip thing again. You know the so-called Tulip Bubble was just a urban myth and a story that was made up... right? See this : http://theconversation.com/tulip-mania-the-classic-story-of-a-dutch-financial-bubble-is-mostly-wrong-91413

Let's get back to the title of your thread <b.t.w your title does not talk to the content of your thread> ..... Warren Buffet made his fortune in the old traditional financial tools, with the help of insider information from his super rich buddies. <They have a small circle of friends that support each other and also to exclude other people, so they hate the fact that a new technology has opened up trading to the average person and also that these circle jerkers cannot manipulate this technology to benefit only a small percentage of the inner circle.>    ;)

He also wants people to investment in Berkshire Hathaway Inc. and not in Crypto currencies.  ;)

He's said that bitcoin is a rat poison so I assume that he hates it too much. He might not understand what bitcoin really is but there's one thing that we can think of why he hates it.

And that is because bitcoin is against to the traditional investments that he has grown and he has. Another reason can be that he's old enough to understand what bitcoin truly is all about. But someday it might happen that he will take back his words against bitcoin.

I think he's just pretending to hate and spread negative news about bitcoin to get more of it in a low price. However in the current market situation it's not working anymore because people are more intelligent now when it comes to FUD in cryptocurrency.

Besides fear, I think either he has found certain loopholes in this technology or else to accept this emerging technology they are taking quite a time as there are harmful facts about Bitcoin's security and privacy which no one can't deny.

Warren Buffet has helped the Bitcoin 2 times. He does not hate the Bitcoin. At his company he created a special department for the bitcoin.

He doesn't hate it he simply doesn't believe that its a worthy investment based on what he already now. This guy invests in the traditional way whoch means he only sees value when he sees one based on its Fundamental analysis which we all know Bitcoin doesn't have one. He is very vocal about Bitcoin but nothing kn what he said indicates that he hates ot he simply doesn't see it as some kind of investment for him. And a side not Warren Buffet is also not incesting in IPOs which only shows that he really cares about FAs.

Buffett is a smart man. It's impossible to argue with this, because he earned tremendous wealth with his own mind. But even very smart people are wrong. And he is 89 years old.  I think it's difficult for him to accept something new and not understandable.  I agree, he sees a threat in the new

HE has a lot of investments in credit cards and banks, bitcoin directly competes with them.  Everything he does and says is to boost his own pockets.  This guy isn't a kind hearted person, his number one goal is to make as much money as possible even though he already has so much.

With the fast rate of adoption and Facebook creating their own cryptocurrency, Buffet will end up the only big name that hates Bitcoin, but who cares about this old man, nothing on what this old man says can bring down Bitcoin he is very irrelevant when it comes to Bitcoin topics.

His views on this are consistent with his principles so for him to be keen on it at the stage it's in would be strange indeed.

He doesn't invest in gold. He does invest in silver. Silver has more practical use, less speculation and is impossible to substitute in some of the roles it's used in.

Some people have a practical use for BTC. They're in a small minority. Everyone else is waiting for more dollars. That's not his bag and never has been.

Warren Buffet is an old man (an ancient person) who I don't think is aware of the technology behind bitcoin, I think he is silent and doesn't make sayings like "I hate bitcoin". Because he is a famous person and is very common if his followers follow his words.

when people don't understand technology maybe they will hate Bitcoin, because they feel comfortable with the paper money they have, and what happens if paper money has no value, surely they will lose everything, and they don't want that to happen, maybe that think of W Buffet..

I don’t understand evolution of money and tulip because I’m not an old investor who’s rigid and only believes his thoughts to be right. We often discuss about him hating it, how about discussing that everytime he bashes bitcoin it’s prices fall and then he buys it and sells them when bitcoin prices go high. There’re other influencential people too that hate bitcoin on paper, but why are we obsessed with Buffett only?

Because bitcoin is not a currency that goes according to book or guild-lines.Warren Buffet always reading everything that related to company, that he hoped to invest in company.He said he read 1st annual report of Coca-cola before investing in late 1980s. He is hoping small growing speed and low volatile rate.Normally 0.1%-15% max.But the bitcoin has highest growth rate of any stock.0.001 USD to 20K USDs just in decade of time.This high volatile is not the style of Warren Buffet.Its break of the stocks laws.So I think that is why he don't like bitcoin.

There are people who hate what they do not understand. In fact, such people can often be seen. Just not all such people speak on TV ;D ;D

They grew up in a world where money can be manipulated by governments and institutions, they fear a world where money cannot be manipulated anymore. This is the same reason they also oppose the Austrian School of economics, or a savings based economy based in a deflationary money like gold instead of a debts based economy where most of the money doesn't exist anywhere (fractional reserve banking).

That, or like some other millionaire late comer, is planning to introduce his own altcoin...

Either way his view is irrelevant. If it was simply fiat losing value, he could just buy crypto, and probably has already, despite speaking ills of it. Because they know they better diversify, and at some to his investments portfolio, just in case...

Rat 🐀 poison is a good thing if you want to kill off rats.


Btw could you please link me to his statement that  he says that?

🙏 thank you.

the following is Warren Buffet's statement:
1. Bitcoin is a mirage
2. a real bubble
3. BTC has a bad ending
4. BTC is a dangerous poison
5. BTC is a rat poison
6. BTC is gambling and not investment
Buffets see that BTC is very contrary to  his investment strategy is more concerned with the intrinsic value of a company.

Because he accused bitcoin is ponzi scam due high volatility or even he have an own view why he is hated bitcoin as new form of money. I respect him what he want to their opinion about bitcoin but the important is people knows and understands well the important of bitcoin as futire money.

What?, it's different thing man, who has invested on tulip at last they don't legitimated to make sense to judge for bitcoin same like what his investment and making money with tulip are different when they has been trading on bitcoin market over 10 years ago.

He's a strange person that's why I have no idea. Maybe it's just a fear.

It has to think that BITCOIN is a big investment and can be a big competitor in the market.
Why Warren hate bitcoin is just because they want people not to invest with Bitcoin and the purpose is to make them sell and catch those.
He only wants to make an unfair play will the market, he is one of the crypto whales.

We can not blame him, he makes sense, buying something that comes from nothing that you expect other guys would buy it for more is totally insane. How could somebody like me and other people out there that have less knowledge sand thinking skills could fully understand and and fully gain profits from Bitcoin? In fact you might not know either, but warren have his own beliefs so as we, we are expecting Bitcoin to be something worthy later on, we have the the guts to trust on something that is unpredictable that kind of guts is not present to any other businessman like Warren, in short they are mostly rich currently or so we our only commoners who aim to get the wealth of someone's legally through Bitcoin.

That statement was from last year.

https://www.coindesk.com/billionaire-warren-buffett-calls-bitcoin-rat-poison-squared
https://money.cnn.com/2018/05/07/investing/warren-buffett-bitcoin/index.html

The problem is that he missed the ship and now he can't get rich from Bitcoin. Had he benefited from Bitcoin, then he won't be ranting like this. Now his problem is that he don't want to purchase Bitcoin above 10K mark, after missing them in 2012 when the price was 1/1000th of the current levels. Also I read somewhere that old grumpy men are more prone to jealousy.

I have a girlfriend and she leaved me just because her parent didn't like my job as an investor/trader bitcoin. The reason is so simple her parent didn't know my job because and told her to find another man who has a real job such as government employees, company employee or even a teacher. Whilst I have bought a house, car and everything from the income I invest/trade in bitcoin and I was told to them also, but they are never understand it.

This case has something to do with Warren Buffett's view of bitcoin. The old person will have a difficult way to understand bitcoin, they will ignore bitcoin because it is not real. Indeed, Warren Buffet is successful person in the field of investment, but only on convensional investment place. You can think how difficult a younger man to know bitcoin and try to invest in it, moreover for old man I guess he will never understand it.

I will really doubt Warren Buffet doesn't understand somethings about bitcoin since bitcoin has been making waves and have over the years made people multimillionaire. I think he just choose not to support the idea for the time being, probably he feels it's going to give too much power to the people.

Even if he missed that ship, he is still a very rich man, his wealth is something that many people can affirm, he does not need to be angry because he missed a train, it was unnecessary, he understood the nature of investment. Therefore, he hates bitcoin is an unreasonable thing, this could be a joke or even a trap to distract, even increase the popularity of bitcoin, helping Bitcoin increase while he has accumulated a lot of bitcoin for a long time, for investors, they are only interested in profit, no hate or love

I think so. Warren Buffet, one of the world's richest man not having heard of Bitcoin? I doubt. Bitcoin must have already reached every billionaire's ears. It's just that Bitcoin is never Warren's cup of tea. We all have our own way of interpreting opportunities and trend, and Bitcoin is apparently something unconvincing to this old man's taste. 

Well thank you so in May of 2018 he looked at fundementals and he saw that alt coins would collapse due to ASICS killing GPU’s.

So he trashed talked Btc and watched until it got to December of 2018 and pounced on it at 3000-3300.

He then sold 1/2 when coins moved up to 13,400 .  So he is now sitting on a boatload of coins. And made bank . He now has 1/2 his investment at a paper cost of 3000-3330 a coin.

While in reality since he sold 1/2 at 13000 a profit of 10000 a coin.

So he can sit on this 1/2 of his original purchased until next year around April when coins move to 25,000 plus due to the 1/2 ing..

Warren simply manipulated the market with the rat statement.

It is why I wanted to see the quote so I could see the date.

I believe he thinks that with the recognition that bitcoin is something serious, and a good investment opportunity for earning, he would seriously undermine his reputation.
In the investment world, reputation is everything.
When people lose confidence in your judgment, you're done. 

Yes. It might have been different if he wasn't as wealthy as he is right now, but at his age and level of wealth it's all about value preservation, and not investing in something being so risky. Most people here have problems understanding that.

He has stated more than once that he likes to invest in stocks that allow him to earn passive income in form of dividends. If you combine the dividends plus the long term growth of these stocks, it's a winning investment strategy.

I'm sure that by the time Bitcoin has gone up and matured to where it's on gold's level, most large holders will follow a similar path, while the younger and less wealthy people will expose themselves to more risk because there is less to lose.

Sorry, but I do not believe that such a well-known businessman does not really believe in cryptocurrency. Most likely this is hype on the part of Warren. But in fact, he probably has a whole Department that already earns on cryptocurrency.

Guys, I honestly don't know how Warren Buffett really feels about cryptocurrencies. But I wonder how his meeting with Justin San Went. What they discussed and what decision they came to. Did Justin change the opinion of Warren on cryptocurrency.

That makes sense while me and probably majority believes that he really hates bitcoin. If ever he changes his statement few months/years from now on, then it wouldn't surprise me anymore thanks to you philipma.

Read the quote of what philipma explained, it makes sense about WB.

Everyone has a different point of view in Bitcoin and other cryptocurrencies in the market. You cannot expect that all are pro into Bitcoin. In all life aspects, everything has cons.

For me, Warren Buffett doesn’t like Bitcoin is because he doesn’t understand the technology and real use cases of it. Correct me if I’m wrong, but I think he focuses more on the charts rather than its technology behind it.

Justin Sun, CEO and founder of TRON, won a bid where he will have a lunch date with Warren Buffett himself. I actually met Justin twice by the way, recently in Taipei. I just hope that he would finally open Warren Buffett’s mind and change his perspective about Bitcoin and blockchain technology. 

One of the many reasons on why Warren Buffet is against cryptocurrencies is due to its inherent and store of value. He believes that bitcoin does not possess any physical value compared to money, gold bars, real estate, lands, etc.
Another thing, bitcoin (to be specific) has a high volatile value compared to the ones that I mentioned above. Successful investors like him rely on the conventional way of investing with relatively minimal risks to consider.

Although there may be reasons on why he doubts cryptocurrencies, we should not rely his decisions solely.

The guy is a  traditionalist he does not want anything revolutionary and even if he dislikes it, he cannot do anything to stop the adoption and propagation of Bitcoin and he will not change his mind even if 100% of the country accept.

I do agree, even there are many news saying that warren buffet always avoiding to invest into technology, though there's nothing wrong with that but always being pessimistic like that and spreading his opinion is just not really good. I mean, imagine if those old people deny the existence of the Internet for the sole reason of it's not in their favor.

He has his reasons and I know a lot of people do too. Not everyone are to decentralized and irreversible crypto currencies. Another thing is that I think He is one of those old guys that believes bitcoin is just a plan in disguise. It is a way for this people to earn money. Well, a lot of old people will thinking that way especially the ones in the government.

Well He's an old billionaire. He grew his wealth through 'physical' assets/investments in physical businesses. Bitcoin however is not a physical asset ,hence, his skepticism. It's understandable but that doesn't mean his opinion is a determining factor. He didn't see the early potential in Microsoft also.

This is the latest quote from him in an article in this week's Sunday Times about attending the Berkshire Hathaway conference in Omaha or wherever -


"What is it? It's a seashell. It's not an investment. It's a gambling device. It's had a lot of frauds associated with it. Some people have lost a lot on it. Bitcoin hasn't produced anything. I'll tell you what, I'll tear a button off my jacket and I'll offer you $1000 for it. Maybe you can then sell it for $2000 but at the end of the day that button has one use.

I can write you a cheque for $1 milllion. Why is that cheque worth $1 million? It's not the value of the pen. It's not the value of the paper. It's because I have got $1 million on deposit somewhere."


Still not a fan then. Or showing any considered understanding. But hey, why does he need to?

A lot of young guys without wealth don’t understand old guys like buffet he is a cagey Dude.

He has solid money and he could have easily did what I guess.

It is easy to think old guys are slow stupid and stubborn.

  He is not slow
He is not stupid
He is not stubborn.

He is an old clever mofo. He is willing to do what he needs to do to score.

I am 62 not old as him but no longer a kid.
I have watched his moves a long time.
He has certain patterns and I think he has done this move two or three times since I have watched him do his moves.

Best thing about being a little older is seeing move of life’s patterns unfold. Then acting on them and being correct.  I never would have succeeded mining btc if I was 30 when I started. Being 55 in 2012 I was able to know how to ride the waves of btc mining.

I did aggressive growth in nov and dec 2018 based on my oct 2018 diff thread prediction ideas in mining speculation. It worked out well for me.

You are right, I'm still young and having not that much in life made me always think that he means what he say and basically what rich people words are always wise.

And with the small conversation that we had right here I've learned a lot from you, thank you and I really appreciate that you are educating me and shared things about your life experience, success in bitcoin mining and your observation towards him. This really means a lot to me.

Because Warren Buffett doesn't understand bitcoin. for Buffet Bitcoin warren has no privilege. Basically, (bitcoin) is delusional or not worth more than Buffett is sharper. He likens Bitcoin to similar rat poisons. The astrologer will announce that Bitcoin and crypto currencies will end badly.
Should Billett be able to see real evidence from people who buy bitcoin and their lives will change completely.
try Buffett to learn, understand, and can try to put the money into the Bitcoin system to invest.

because he's too old when he was born, there weren't even plastic cards yet. old people can be very conservative. when significant people will be replaced by his young relative, that's then begin warmer for the world of cryptocurrency

LOL, maybe right buddy but actually Warren Buffett is the centralised business giant and she will never support decentralized cryptocurrency or any project belongs to the platform.
Then if the Bitcoin acquires complete market and enter centralise mode of payment system and never make profit with their payment support partners. Maybe after government recognise they may wish to use the Bitcoin.

He doesn't need to make more money anyway, and if he does, it won't be a high risk like it is for everybody else. Yes, down-talk Bitcoin, while ready to invest in it a little percent of his disposable fortune just in case...

I bet the rest of his kind are doing the same, even Trump.

He hates it because hes rich off USD.
Its not worth his time and he relates it to tulips.

Tho i find his thinking a tad obsolete.

Because he was insecured and could not accept the fact that bitcoin will be boomed like now. He doesn't really know about how blockchain really works and how bitcoin is considered as digital investments. Or when everybody envy bitcoin, he just want to be on the opposite side to gain some attention.

It is not yet clear whether Warren Buffet is actually jealous about Bitcoin, or he hates BTC for some unknown reason. IMO, I think that the former is more of a possibility when compared to the latter. Buffet made a lot many risky investment decisions during the 20th century, and he got a lot of fame and money from them. So people expected him to predict the next major asset boom, but he was unable to do that. But rather than accepting his defeat, he is still trying to paint Bitcoin as a ponzi scheme which may become worthless at some point in the near future.

I like those people who doesn't comment much if they don't really know about something. Warren Buffet is a well-known man in terms of Financial Education. But when he talk about Bitcoin, I don't think that he really understand it. Let them speak, their negative comments will be remembered when Bitcoin and Blockchain Technology will succeed in the future.

You can hate something you just don't understand. Warren Buffet does not hate Bitcoin, he is just ignorant about what Bitcoin is and has no knowledge about the true purpose of bitcoin and blockchain technology.  He is just saying what he thinks Bitcoin is from the information he has heard the media say about the entire crypto ecosystem..

Mr buffet tries to come off as a super nice guy but his ultimate motive is money.  He will try to kill anything that threatens his investments and he is heavily invested in banks and credit cards.  Bitcoin is a major threat to those businesses, point blank.

In this world, we are entitled to the freedom to express ourselves on anything we see or hear.  Warren Buffet is just expressing his thoughts on things he do not understand and its different from the way he does his transactions.  I don't think he hates bitcoin but he just not familiar with how bitcoin and blockchain technology works.

The reason is simple,when you're a billionaire, you would have felt and enjoyed physical cash.
Bitcoin is virtual money and an old adage says"don't spend the money until it is in your pocket" and a bird at hand is worth a million in the bush.

Agree with this statement. Misunderstanding doesn't mean hate.