Bitcoin Forum

Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.

Who's right? Let's discuss.

Rather than discussing who is right, you should rather ask for what others think about Bitcoin; The fact that someone got tons of money does not make them an expert on every financial venture, smart people stick to what they know best.
Warren Buffet has expressed his lack of affection for Bitcoin, which would be because he knows very little about how it works, he could however give invaluable advice on some other investment ventures.

As an investor, focus on your own idea of what Bitcoin is and what it could be in the future.

It's no longer important who's right or wrong. What's important is the one who's with the tech and has invested and putting their money where their mouth is.
Because upon choosing who's wrong, there will be the hate from the others if we're going to choose any from them. As long as we're doing the right thing that we know and they're also doing the right thing as if they don't like bitcoin, let them be.

Neither, you have to ask your self, what is the effect of these billionaires for average joe like us? That's right, we shouldn't be get affected by it, we make our own decision not base on Bill Gates or Elon Musk. So there's no need to discuss who is right or wrong.

Bitcoin has evolved already, others have been calling Bitcoin's demise for many years and yet the price today has reach an all time high of $60k and we are on the way to get to 6 digits.

Bill Gates has its own principle in terms of trading and he already prove himself by being most reaches person before for a long time so we should respect his opinion and don't compare to Elon. Elon musk investment strategy and vision is perfect for crypto that's why he is supporting it. In contrary, Bill Gates is an old school businessman so definitely he don't want to venture on things that he don't full understand especially the concept.

None is wrong from their own point of view. Just think about those hodlers who bought bitcoin to hodl it for long time, not for the short time and on the other hand, traders are doing trades according to their analysis for short time, not for longer period of time. Samething for Elon and Bill Gates as both of them are have own perspective about bitcoin. Elon musk believes on the long term perspective , in the mean time, Bill Gates might want to short it for quick profits instead of hodling that for longer period of time, IMO.

Both sides are right in their what they think is for Bitcoin and we can't say that there's wrong. One side says that the price may plunge to nothing or it's a bubble, they might be right or the other side says it will never become a bubble like the former firmly believe. Possibilities on both sides are endless.

For me both have their respective views, it's just a different time if Gates at the end of 2018 and Elon Musk now gives such an opinion. nothing to discuss in my opinion. just follow and be prepared with all the possibilities that will happen.

I don't care about their point of view, because what they say has its own basis. Both are very successful people in life, so their perspective will show us a comprehensive view of this market problem that it has a lot of good points and bad points.

Two different individuals, so obviously they will have a different outlook and perspective as far as bitcoin goes. Although we may call Elon Musk a true visionary or at least the latest one as compare to Bill Gates who is old and very traditional.

So in any case, I would favour Elon here, as we believed that bitcoin can get into $100k or even more just in this cycle alone.

I believe that the question must be analyzed more in depth and most likely there will never be a single truth that accommodates everyone, personally if we consider its value intended as purchasing power, the history of these 12 years has shown that it has proved to be one of the best investments ever.
What it represents, on the other hand, is much greater and there has never been anything comparable, the financial freedom it can give is tangible, but I quote a spiderman film: "from great power comes great responsibility".
Bitcoin and blockchain effectively eliminate trust between individuals by digitizing it, but behind Bitcoin there is man, miners are men, whales are men and by nature man is corruptible.
If the global financial system continues to reduce the purchasing power of the individual by printing dollars for 60 years without improving the lives of all, the distributed nature of bitcoin could give a longer duration to economic sustainability before seeing a large number of coins. be accumulated in the hands of a few.
summarize my opinion, optimistic yes but not sitting on the moon.

Their words and opinions are always the answer for us, depending on each time of this market that judgment may be right or wrong. Now I think about Elon's point more, since there is a strong growing market right now and many people think it will be a hybrid for use around the world.

I think there is nothing wrong and right in this. You cannot impose your will or thoughts on other people, everyone has a way to profit, not everyone in this world has to join bitcoin or cryptocurrency. If your friend joins and he or she suffers a loss, are you willing to make up for the loss? Prices in cryptocurrency are very volatile. the risk is too high

is there a close enough relationship between Bill Gates and Bitcoin? because as far as I know he is the one who most loudly criticizes Bitcoin from all aspects .. what made him profit from the criticism? then on the other hand, has Bitcoin criticized Him for interfering in our affairs Bitcoin users?

the debate between the world's two influencers about cryptocurrency is very interesting. but we are sufficient to judge within ourselves which one is better to serve as an answer, the most important thing is how we see the current situation on the answers that exist in public. after that equate our answer with the statement elon musk or bill gates. it's better than we have to tire of debating

It doesn't matter who is right. Only your investment matters. Many opinion leaders on Wall Street scolded Bitcoin and other companies, and ordinary traders and smart people bought Bitcoin and other cryptocurrencies when they cost 5-10 times cheaper than now.
Any opinion leader always has an advantage. He can change his mind and buy cryptocurrency, but you always find out about this after. So think with your head.

I understand Bill Gates knows the truth about bitcoin but chooses to shy away from endorsing it, well the genius has a good track record in tech and has contributed his best to humanity but he really doesn't know it all, in terms of bitcoin his opinion is honorably wrong.

Both sides have different opinions with regards to the matter and we should respect that specially the position they achieved in life. On the other hand, we should not compromise the assessment or definition we set by ourselves when it comes to bitcoin. Everyone is entitled with their opinion but not everyone will agree to your opinion. Elon Musk and Bill Gates might have all the riches a million of people could attain their whole lives but that doesn't mean you need to listen and believe them right away. Regardless of what perspective they are siding on, either pessimistic or optimistic about bitcoin, you have all the capability to determine which side do you think is right depending on your experiences and observation.

Bitcoin or other crypto currencies are a serious danger to banks, but it is a fact that it is not possible to use Btc in daily life. Gates may not invest in Btc, which is currently on the rise, but one day he will. Might be waiting for the fix in btc.

Everyone certainly has different views in seeing things including in the world of crypto, in my opinion there is nothing wrong with what Bill Gates said because of course he has his own reason for not investing in bitcoin, I remember that last February , Bill Gates gave a statement that said if you are not a rich person you should not invest in bitcoin and Bill Gates also said:
Elon has a lot of money and he's very sophisticated, so I'm not worried that his Bitcoin will randomly go up or down, I think the people involved probably don't have much money to spare.
https://www.bloomberg.com/news/articles/2021-02-25/it-s-gates-versus-musk-as-world-s-richest-spar-over-bitcoin

So it is only natural that Bill Gates reminds other people who do not have more money not to invest bitcoin all in without any other savings.

Elon and Gates have different opinions about crypto and it's very similar comparing orange and apple when you are asking about who is wrong. IMO when you are on the crypto supporter side and then what already said by elon was true and gates were wrong in this case but the different result when you are an ordinary people who know nothing about crypto.
I do believe you will believe what gates said about crypto.

I think Bill Gates doesn't want to invest because he's still afraid the bitcoin market can't be controlled by him, and Elon musk because he's testing the bitcoin working system

Both are the greatest influencers in technology industry. I respect all the statements that bill gates raise about bitcoin. I believe he already research for it before he reveal it to public. And elon of course a bull run button in cryptoverse also have his own research about bitcoin and crypto in general. No need to ask who right and who is the wrong one. Next in the future, if bitcoin have something that Gates searched for, I am sure he will change his mind.

I agree more with Elon Musk in this matter because he really likes the crypto space and wants to accept Bitcoin as a medium of exchange with the products he owns, so that the crypto space is more alive and trusted in the eyes of the public.

Nobody is wrong because it is their own prespective to see things according to their own interest and you can't say one is wrong.It is just your beleif that whether you want to be part of Bitcoin or decentralised world or not.There are many people who thinks btc is bubble same like Bill Gates but we don't need to prove them wrong individually because time and bitcoin adoption will do it alone.Many who think that Bitcoin was fraud coin or bubble in the past are now the ones who are adopting Bitcoin and ready to invest in it also.Federal banks were against bitcoin because it was their main competetor but now they are also providing crypto related transactions.So don't prove anyone wrong they will realise it's true importance in future.

The question that you are asking is not as simple as just watching how much money those two would have earned with their predictions, if it was that simple then Elon wins this by a mile, if Gates had shorted bitcoin back then he would be bankrupt despite his huge fortune while Elon is even richer than what he was already.

However things are a little bit more complex than that, bitcoin itself is not a bubble but we know it has caused bubbles in the past as there is too much demand at specific points in time, it seems Gates does not get this and this is why his assessment of bitcoin is wrong and bitcoin will keep being here long after Microsoft disappears.

You nailed it, this two super billionaires have their own understanding and opinions about crypto, whatever it is they've got their own explanations about it.
Exactly, it's depends from who's going to listen and who's following them.
Git your point and all those who have their shares rearding to thier position about this industry.

Bill Gates could only just be expressing his pessimism for Bitcoin in terms of it's usual spontaneous correction in price, and looking at it from not just his point of view, it's a risk concern that not only Bill is worried about, but every Bitcoin investor, but that's not enough to call it a Bubble or anything of that sort, there have been so much price corrections in the history of Bitcoin and the price works itself back up in no time, that's more than enough reason for people to understand that Bitcoin is not a Bubble.

But having said the above, there are different investments and not all can suit everyone out there, Elon Musk may have endorsed Bitcoin, and that's good for the network as it helped cause some hype, but the thing is even if he didn't, quite a lot of people, even institutional investors already know how good the network is, as a hedge, for control, freedom, ROI etc, thus whoever expresses their opinion of Bitcoin, whether good, bad, right or wrong, does not matter too much, if one believes in the network, then let them go ahead and invest after they must have done their research, and not holding onto tweet or talks of anyone, not even established/successful businessmen.

Yes, it is true because what Bill Gates said was the reality he saw himself so on the one hand he was telling the truth about this, but on the other hand people who only have a little money also want to add their assets in the form of money so that many people who followed in Elon Musk's footsteps in the crypto space even though some people suffered losses from investing in very high prices.

For me, there is nothing wrong with it because it is all a market game and big investors already understand the storyline of what the fate of bitcoin is like ..
and I am just an ordinary person who cannot follow the flow of crypto movements because their knowledge of crypto is not as good as those of big investors..

There is freedom of speech, everyone has the right to view projects and coins in their own opinion. Bill has never been a fan of bitcoin and you can't blame him for his own philosophy but I believe, he has a  portion of allocation in bitcoin he would have become a maximalist by now.
Take a look at Elon Musk, you think he his a pro and btc lover for nothing? He is doing it for his interest and would want to convince everyone to get in just the way he is doing for doge meme pumping.

That's right, they are both rich people in this world, so whatever they say will always be considered by everyone, because in general they don't have the mental burden when saying that even at every single thing.

Pros and cons are not new things in crypto. The billionaires were arguing based on what they have been thinking about. There are lots of big parties were saying the same things like elon and gate.
As crypto users and we must try to believe in what we are doing right now.
We know that if the tech can't be killed and gate was creating non sense prediction about bitcoin.

Well to me they are both right, the reason why gates must have been pessimistic about BTC is the greed that's currently making people to FOMO on BTC, many are still buying at 55k, what will happen after is why gates still not feel 100% into the system, crashes will happen, profits will be taken, this is 100% certain.

Elon musk is now a pumper, he sees crypto as a opportunity to make more money and also change some people's life but still the question remains, how far can this bull season last? The answer is no one knows.

Absolutely agree with you. Both of Bill Gates and Elon Musk has their own reason to say like that. What we have to do is focus on our investment and for me I still believe in cryptocurrency because from time to time it will get bigger and it will be one of fundamental things in life.

There is no point in focusing on the opinion of those who tell right or wrong about the crypto world, because everyone has their own principles and mindset,
Therefore, it is better if we focus on how to multiply our crypto assets that we currently have

It's easy for millionaires to argue, because they got nothing to lose. Well they can lose millions, but for them it's peanuts.
This affects us, little people.
I believe they are just jumping on the trend train, nothing else.
And Musk is being an idiot

I think that Bill Gates and Elon Musk have different views and they are smart people. so it's hard to guess who is right between them. better focus on what you know about bitcoin and what the future of Bitcoin is. Continue to dig up information so you can get a lot of money on cryptocurrency investing.

I think there are no people here who are right or wrong. Everyone has their own opinion about BTC. Some for some reason do not like him and say that he is harmful. I believe that bitcoin is actually digital gold

Both of them are right because they have their opinion about bitcoin. They have money to do anything they want, but they do not know what will happen with bitcoin, but in the long-term, bitcoin can increase higher and the price will be more than the price now.

We do not have to follow what they say because I think they will have their own reason to say like that and we do not know if they have their plan on bitcoin. Both of them want to attract more investors to join bitcoin and maybe that can help bitcoin grow in the future. Bitcoin needs people like them to grow the popularity and maybe the government will accept bitcoin soon. But once again, let them say anything about bitcoin while we must do our best to make money.

They are both right if you ask me, we need to play safe in crypto space and always try as much as possible to always stay right between ups and downs, I smell nothing but massive greed in this present bull season just because institutions are investing in bitcoin, yes crypto is getting more popular but the air is fill with greed right now, watch yourselves and avoid getting burnt

Gates literally said that he would short the exact bottom. Obviously he didn't understand that Bitcoin was ready for massive growth and that it is not being used as currency anymore. Bitcoin has evolved in an asset that is not to be used for small payments, and may evolve even further in a bigger asset only to be used for settlements of international trade. It is a macro asset that can be used in government scale and industries.

Everyone has its right to have an opinion on any thing thats happening. I believe the lack of knowledge on Bill Gates when it comes to cryptocurrency is what makes him doubt about BTC meanwhile Elon saw the potential of this revolutionary technology and he promotes it.

who is right and who is wrong is not important. currently the development of bitcoin in particular and other cryptos is in a good trend. although changes occur due to several famous people. they have their own opinion but more importantly let's ask ourselves what we got ?? I personally am really grateful and there are still many things we can do

It's there point of views which whatever it is there's no wrong about it, The matter here is how deeper they'll be willing to undergo and follow

this industry, Musk up to this point continue to cast his support and we see the impacts.

Yes, we should have our own view and our own assessment, it saves our ass not to rely with anyone but with our own understanding.

With known personalities, it adds up more people to see the potentials, it attracts more people if they've seen those known names are

already following and supporting this investment currency.

Try to ask them for sure that they all stand correct in what they say. It may be too bad to say who is right and who is wrong because that is their individual's opinion and that remains respected no matter if that is nonsense or not.

These two people are known to us especially when talking about business and definitely have a huge experience. But among the two, it was Elon Musk feels an interest in this and appreciate crypto. But probably, Gates has the openness to reconcile what he saw about Bitcoin and it possible he will also adopt Bitcoin in the near future.

as investors work on customs with tasks of anchoring different use with returns as supports might helps to confirm decision on invest that more on confronting ideas with expert and other trader gives of convergence to dispose bias on traders opinion as leading of option.

whatever they do all come back to the market's response.
when the market responds to one of them then we certainly know how the impact will be on crypto assets in the market.
it all depends on how we respond to what they say. we can follow one or we can also follow both. because they are also in different momentum.

The fact is the impacts will only up and down if one of those people gives their statements about bitcoin, which will indirectly impact the market. So far, we already see what Musk did had a big impact on the market, especially Dogecoin. So there is a chance for Musk to tweet to the other coin in the future or soon.

That is why we always suggest people research what they want to know and not just believe other people. That will be too risky if we just rely on them without searching for more info because we can get into a scam, which is the biggest risk that we will get.

It seems the big name of those people can convince the public, especially people who do not know much about bitcoin, to follow to invest in bitcoin. But if they do not search for more about how to invest in bitcoin with the right, they will stress to see the price fluctuated.

Markets aren't usually confined to one place and Bill Gates and Ellen Musk can't explain its exact situation about crypto usually rises to the top based on its demand no one can control the price of cryptocurrencies. It is better to do market research yourself to understand the exact situation of the market so that the situation of the currencies can be understood.

It has been carried by their own opinion, two different opinions. They have been in the business field where we suppose to think that they are more knowledgeable than us, compared to a normal people.

Of what Gates have said is the thing that he able to see in the future its either be right or wrong. It is just also the same as what Elon did. We find it that they opposing each other and see's that Elon Musk is closer to reality but we can't say that Gates is wrong. We can't prove it now until such time that he accept his losses.

A person could be pioneer in technology but eventually can't keep up anymore. Same case with bill gate, doesn't matter what his opinion and he's already out of the business and now doing some philanthropist thingy (cmiiw) which is why he might not really trying to understand what's really up with all these cryptocurrencies hype. While elon on the other hand trying hard to keep up with the technology and he sees potential in crypto for interplanetary transaction, anyone could have their own opinion and in this case right or wrong is relative but I think elon musk just more believable in term of his opinion with cryptocurrencies in general

Do you think rich people want you to get rich too? Why would they, they want all the money and power. Do the opposite of what these self appointed "authorities" say.

Bitcoin is the people's money and not money created and owned by the capitalist. So it's understandable when big tech boss who understand things start attacking bitcoin and calling it a bubble. It's all ill conceived. The truth has started coming out with reference to the survival of the crypto industry despite all odds. I fear the most for crypto market in 2019, we have survived that era and still doing fantastically well.

No ones really right or wrong. It's their own opinion. You may side with Gates or Elon Musk but it does not matter. Your or anyone's vote don't count.

Being grateful is something everyone should do, and it is also undeniable that the development of Cryptocurrency, especially Bitcoin, has occurred in a very precise period of time because over the last two years Bitcoin has increased gradually with several pumps and also several times correction.

They both are from different fields. We all have a different-different perceptions of different things so we all can not think the same way. For Eg. If I am a good forex trader it does not mean that I will be a good crypto trader by default so likewise Gates and Elon both think of the cryptocurrency in a different-different way. We all know BTC is not a bubble we all are in crypto for a long. I believe Elon is already in good profit from BTC and it does not matter what Gates thinks about cryptos So I would say Elon took the smart decision by investing in BTC.

These two guys can't control the cryptocurrencies market, but with their public influence and fiats in their control they could easily have some percentage of control in the marker. Just that, one among the two is very bold and other fearful to loose his fiats in a wide volatile market like crypto. Elon Musk is the great man with bold mindset toward trying out new things in regard to financials compare to Gates himself.   

Yes you're right. I think Bill Gates is not against Bitcoin but give warning that the possibility that the BTC value will be bubble. He's being neutral about his comments and do not own BTC but I just he don't needed another investment. Elon Musk in the other end, fully support BTC and other cryptocurrency and I think it's because of this is his generation, his era and find the endless potential of blockchain. Nothing wrong will both sides. The people using cryptocurrency in the wrong way, is the wrong thing.

Yes none of them are wrong they have explained their own thought. From my side elon musk are more ahead on his thinking on the othe hand Bill gates thinking some practical issue for a while. however i think the crypto always ahead by many of our thought though its behave bubble some moment.

Old people may need time to accept new things; this is what exactly happening with Bill Gates and Warren Buffet kind of people; even they are used to technology and investments, when something new for entire mankind and performing well in investment sector as well then they may struggle to understand it. I am very much sure these people one day or other start investing.

Success of bitcoin is time proven. So, I believe Elon musk is right here and probably Bill Gates will start copying him. Even governments might be watching Elon musk along with cryptos and there will be no wonder if they change their mind along with Elon Musk's success in crypto.

Everything can be right and everything can be wrong, as we realize that the price of cryptocurrency is never stable so that pessimists and optimists always exist in the cryptocurrency market. So for me, as long as they believe in what they assume it will be good for themselves but not necessarily good for others. It is about freedom from a lot of things and I don't think there is anything right or wrong about this case.

True, there is nothing wrong with both of them because they both provide useful thoughts, but because we are crypto lovers at this time, what Elon Musk has to consider more is what Elon Musk said even though the risks we must bear when experiencing lost.

there is nothing wrong with their opinion, all have their own opinions and views, and what I have to pay attention to is that the more people fall,
the price of BTC is increasing and increasing, someone who last year bought at a low price must now enjoy the results,

With Elon Musk presence inside this industry there are more investors who acknowledge him as a
good business person will join inside, flowing money coming from those billionaires who knows that Musk understand the concept.

It's time to move forward and forget those old years when people thinks that this is just  a bubble and incoming time it will just pop out.

You mentioned Gates and Buffet both have other things in mind about  this investment currency, but with how market is moving same with how you
think, they might now investing as well, together with those government who are also learning more about this system.

Absolutely they are different person which is also have different perception. And at the time Bill Gates gave that statement it was way back 2018 where bitcoin was in bear market, maybe he was not yet convinced or didn't figured out yet the worth of bitcoin. There is totally nothing wrong with having different opinions and everyone are entitled on their own opinion, and knowing that they are businessman meaning to say that they are research already about bitcoin in the first place.

I think it doesn't matter who is right here because we all have different perspectives. If Bill Gates was still pessimistic with regards to crypto then we cannot do something about it because he had his own instinct, perhaps he saw Bitcoin was still not firm enough that is why he calls it a bubble while Elon Musk, on the other hand, saw something an opportunity on it that's why he takes the risk and try to venture in Bitcoin. The thing is we all have our own opinion towards a single matter so we cannot just say they are wrong for what they believe in and you were right, it doesn't work that way, why don't we just respect each other's opinion.

that's the uniqueness of Bitcoin, everyone has different perceptions. You say digital gold is probably due to the same properties as gold, it can be mined and there is a limited supply. and that's okay. You are right on this point, nothing to lose, because Bitcoin has different sources of reference, depending on how you think of it as what.

I think there is nothing right and wrong, everyone has their point of view from a different point of view. Just like an individual's belief in religion, if they are not sure that's fine. This is a natural thing. We don't know behind the uncertainty he has a plan maybe?
Like bad news about crypto in my country, with that they scare off newbies into selling their crypto assets maybe? and buy at  lower price. These are my dirty thoughts.

It is very easy to see who is right and who is wrong, both of them are smart people but Elon is not afraid to still stir the waters and try to innovate regardless of what people may think of him, Gates on the other hand is now happy with just being part of the current economy system and will do everything he can to protect his position instead of adapting.

Despite their intellects, this difference in their approach is all the difference between them and the reason one is significantly richer and the other is left in ridicule as bitcoin keeps going up.

Who's right between Musk and Gates?
For the sake of the market, neither of them are right.
I don't hate these two, but I don't think they have idea how cryptocurrency works at all. It is just media and people making them look like believable or "right".

I won't say who is right or wrong, but I couldn't help notice Bill Gates is afraid of bitcoin for some reason. And coincidence or not, exactly on the moment bitcoin was rising exponentially, in other words, in a very optimistic moment for the crypto currency, Gates started badmouthing btc. So I presume he fears bitcoin's sucess and is somehow disturbed by that. That is a predicted behavior from a mainstream giant though.

Bitcoin gives financial freedom, while Gates profits from financial slavery.

Not my problem, each and everyone has their own views about bitcoin, so both are right to themselves alone, I don't see why I would want to convince someone to see something through  my eyes, so no point discuss about their views about bitcoin, even though I know sometimes their views do affect the market I can still care less about what they think about bitcoin.
True, there's really nothing to discuss about their respective views about bitcoin,after all its a decentralized space anyone can say what everywever they like.

I think Elon was right. In the last few years since bitcoin launch, the price of most top cryptocurrency has increased far from the initial price.
It means cryptocurrency value has increased exponentially indeed. And bitcoin is not a bubble because if it was a bubble, it would already burst and have no value now.

I can never understand why people get so upset and uptight about differing views. On one hand you have those who spew nonsense every day on Twitter about a different shitcoin every week,,, and probably never even held a real Bitcoin wallet or made a real transaction ever.

On the other you have supposed maximalists who say there is only one way to view BTC.

Both are not wrong, and are not only the truth. Crypto is beautiful for being decentralized,,, truly agree here.

If we take your question word by word, Gates is wrong. Why? He said he would short BTC if there an easy way to do it. When he said it, there was an easy way to do it but I am pretty damn sure Gates did not shot BTC!  ;D

Since he is a board member of Berkshire Heathaway, it is not that hard to understand why he would change his mind and talky negatively about BTC. Before 2018 he did even talk positively about it. Buffett probably warned him to keep his mouth shut or talk in a bad way about it.

If me, when someone says bad about bitcoin i will just ignore it. If someone say good about bitcoin i will follow it because it can make good news. If bitcoin down, i will hold it and if bitcoin up, i will really happy about it. There are always positive and negative response about anything so don't really make it hard and just follow which is support us.

It is all about timing and if Bill Gates plans to short Bitcoin during a bull run he will liquidate a huge chunk of his wealth to the market as you need to be a dumb trader to make that kind of decisions and on the other hand if he is expecting a major correction then he can short the coins and earn his profit but the risk factor is really high in the cryptocurrency market as the market can change at any time.

It is said that people fear what they can't understand, hate what they can't fight and win.
It clear, am sorry if I use the wrong word but this men who say shit about bitcoin and cryptos in general are smart old fashioned men, I call them smart because they've been on top of their game even though we can't really point to how they got there, but still, the society respects them for the position in the world where wealth is the ruler.
Bitcoin is too complex for them to understand, and they can't rap their head around the fact that they can't point to the person that started this whole journey is crypto currencies, if Satoshi was around, they would have wanted him to show them exactly how bitcoin operates and where it gets its value from before they would invest.
But the long story short is that we don't need this people, bitcoin have been doing very well even before Elon musk came on board, bitcoin will still be doing very well before others come.

As we can see now the mass adoption of crypto has occurred, such as the big company Tesla accepting bitcoin as payment, paypal provides features to buy btc directly on their platform and many more from previous years that btc has not been recognized.

Boomers still dont understand what value bitcoin can bring to our world, easy to store the value, imagine if you have $1 billion dollar. Where you would to store it ? Fiat ? It will decrease in value everyday. Gold ? How many tons of gold you need to buy and protect it ? A lot of resource needed for gold as store of value.

Both are successful people in business, and they can influence the development of the global economy. They know what will be best for the future.
I think their pessimism and optimism is due to global business competition. They just want to show that their choice is the best. Bill Gates will also step into the digital currency business.

Why would we make our decision based upon the view point of Bill Gates  or Elon Musk ? We don't need to know who is wrong and who is right. Also most of the times their statements are made to move the market in their direction. If they want to pump the bitcoin, they will speak in fovor of it and if they want to dump it, they will speak against it.

Do you know why some one like Bill Gate and many other business man want to make cryptocurrency drop and said bitcoin or altcoin are bubble? they won't bitcoin not to be popular and almost people left and never try to invest with cryptocurrency, the same like United State government never want to their people become investor on cryptocurrency.

no matter who is right or wrong, for sure they are both billionaires who can make other people's views oriented to him. maybe they do differ in opinion but it is common for them rich people. because they run the business with their own experience and brains so it's only natural that they have different views.
If we discuss who is right and who is adda later there will be parties who feel disadvantaged because we know that both Elon and Gates all have their own bases and supporters.
the most important thing here is that we are not too influenced by them because this is the same as fomo and hype. we only believe in ourselves in this crypto world, it's better that we can take advantage of the momentum of both of them to take advantage of ourselves.

Does it matter who is wrong and who is right? Are you forgetting bitcoin is a decentralized coin? Bill Gates doesn't decide what's the future of bitcoin. Elon doesn't decide what's the future of bitcoin. They can only decide if you let them to. Bill Gates was praising bitcoin back then, and now is against bitcoin. Next day he will again do the same. If you keep on listening to them, you will just create confusion among yourself and others. You trust the system? You believe in it? Then go ahead. Invest and use it. There will always be people skeptical about new technologies.

Elon Musk is already inside this business he's opinion make a good statement with he's followers,

but getting your point about their own decision making, both have seen something that they are

the only one who can explain it much further. Whatever the reason behind Gates position it's him who

thinks about this industry, and whatever Musk see from this market, surely he already enjoying it.

No one is wrong, what the two men are talking about is present in crypto space, when there is bull run people will try to forget that bear market existed and when bear market comes people will adapt and think it's over, I'd rather keep enjoying both seasons, that's the best antidotes

Who is right? As one of the crypto member, obviously i hope Elon Musk is right, and Bill Gates just a old man that spreading fallacies to deceive us.
This question asked on this forum it is not neutral at all, does has anybody who is on this forum wish Bill Gates is right? I think the answer is no.

We see that Bill Gates does not like crypto, the reason he gave is that it can consume quite a lot of electricity, and make the earth even warmer. Electricity consumption for Bitcoin mining based on Cambridge University research reaches 121.6 terawatt-hours (TWh).
While Elon Musk chose crypto as an alternative means of payment, he even recently bought up Dogecoin. We know that cryptocurrency cannot be separated from Microsoft. Because Windows is the main route of access to the blockchain system. Although there are Linux and Apple as alternatives.

How can be you so sure that Bill Gates do not like crypto. How often we see that these famous personalities change their statement so often. One day you see them talking positive about bitcoin and other day they talk negative about them. One day, you will see Bill gates will change his statement in the favor of bitcoin.

I think, there is no need to judge Who is right?  Who wrong?  Elon and BillGate, each with different views such as their reaction to bitcoin.  This is the last news I have when Bill Gate has never denied the value of bitcoin, but he himself admits and fears Elon's manipulation and domination.  As bitcoin gradually increases in value, it needs to be reviewed and accompanied by decisive action.  I think Elon and Tesla are still having secrets behind the scenes!  nobody knows about it.
 https://www.indiatoday.in/technology/news/story/-should-you-invest-in-bitcoins-bill-gates-says-yes-but-only-if-you-are-elon-musk-1773671-2021-02-27 (https://www.indiatoday.in/technology/news/story/-should-you-invest-in-bitcoins-bill-gates-says-yes-but-only-if-you-are-elon-musk-1773671-2021-02-27)

Everyone has the right to say whatever they value about Bitcoin, Everyone can only predict what will happen in the coming year with virtual currency because we are not gods who can know exactly what prices will happen in the future. If you have the ability wealth may already be in front of your eyes. ;)
But it is my hope that Bitcoin and other virtual currencies will continue to grow and continue to surprise people with their newest prices.

You do realize most of the programmers, and the big backers and the investors are actually boomers right? Millennials are mainly the tiktok speculators who are buying dogecoin and just buying it worse, on an app with no real wallet.

Millennials store their money in digital wallets but do not realize the true potential of crypto,,, so no need to be age-discriminatory;)

(I am not boomer by the way)

First and foremost, everyone is entitled to their own opinion and that makes them right in their own sense, and in such case it takes a lot of work and proofs to change their mindset. I believe many were against Bitcoin in the early days but as time goes on, when they have understood how important Bitcoin is as well as the role and place it holds in the future, they tend to change their mindset and started getting involved as soon as possible. Gates is a billionaire and knows what he want and such case it might be difficult to proof him wrong even though Bitcoin has changed a lot of people's beliefs, but I tend to think he might have changed his mindset.  Elon musk on the other hand, is an innovative person reason why it won't be too difficult for him to understand Bitcoin and so on. They are all right because they know what they want.

I think it is not wise to judge it's right or not since both of them have their own sight regarding cryptocurrency, meanwhile I believe the crypto community will not say BTC as a bubble. In the event that its a true bubble such as Bill Gates said, why not take advantage of it and join the party? Of course you need to do your own research before taking a part.


Looks like you are just shilling the project, lol

Don't be corrected who is right because Bill Gates and Elon Musk have their own points of view about cryptocurrency, we who are already members of the crypto world also have their own views, and we must focus on what we think is right.

everyone has different perceptions about this. If Bill Gates thinks that, then I don't think he wants to use bitcoin. whereas Elon Musk wants to take advantage of it. You know, everyone sees things as different. What I mean is that Bill Gates sees the PC as an opportunity, Elon Musk doesn't see it, but sees Tesla's technology as an opportunity. it led them to their own paths. Personally, I'm on the side of Elon Musk leveraging crypto for now.

therefore, we can only see the number of increases in the market, and also try to follow all movements according to our abilities..:)
because with this we feel enough to get results even though not as many as big investors..

the point is we are too hard to keep up with them. :)

The way that somebody got huge loads of cash doesn't make them a specialist on each monetary endeavor, brilliant individuals stick to what they know best. However long we're making the best choice that we know and they're additionally making the best choice as though they don't care for bitcoin, let them be. he time of millennial to control and choose where the world is going. Why we hear anything about cryptographic forms of money while they are not comprehend.

Bill gates and and Elon musk are both millionaires and we all knew that, right? but it doesn't mean they rich all their saying is true, I beg disagree on that matter anyway. Even they're both have opinion regarding about Bitcoin it means they are right of course not. Meaning, we supposed to think that our earnings here in bitcoin industry is not depend on them instead it depends always in our hands decision of how we manage to gain knowledge about here in this type of business.

nothing is really wrong or right, the two richest people in the world have their own point of view that determines their decisions regarding bitcoin.  In this regard, BG is more cautious and does not want to take risks, although I don't agree with his opinion regarding the bubble.  whereas EM prefers risk and this is like playing ground for him.  iykwim

Decide or answer yourself first, bro. I believe you already know well about crypto investment. Both Gates and Elon Musk can be wrong or right, so just look at the fact. Crypto never guarantees to get profits and the market trend can change at any time. So, you need to know it yourself, don't rely on the statement of Gates or Elon.  ;)

Definitely, Elon will be the right man here as the future lies in the hand of digital currencies which BTC has proven as a medium of exchange without any middle man for over a decade.

It doesn't even matter anymore. Having issues like these only makes hate and troubles. Let's just put our time analyzing and making profits. They both have their own ideals so they're right and wrong in anyone's perspective. They have big loads of money, inspiring to aim. Let's just do some trading and investing, and be rich like them.

We are the member for cryptocurrency never worry with their opinion blacklist cryptocurrency, keep fighting and promote with bitcoin and altcoin to make many people believe how worth and most profitable with bitcoin and altcoin than their investment. I see many people try to make fud with bitcoin but never have chance for them success exactly many people now have try to invest with bitcoin or altcoin.

This is not an issue that we have to discuss seriously because in the crypto world we must have different views as well as the two of them there is nothing wrong or right because they have their own way of dealing with this problem, so in this case we must have our own beliefs so that later not to blame others, learn the crypto world because at all times there is always a change.

I think that even bill gates don't like bitcoin, remember his company Microsoft accepts payments via bitcoin which contradict all his statements against cryptocurrency especially bitcoin, think behind his words thrown against bitcoin, he may secretly be buying bitcoin and I will not be surprised if he will come out and said how good is bitcoin, in the future, like Elon who was advertising doge, then suddenly bought bitcoin, then announce in a site that the company lost all the investment correct me if I'm wrong, then in the latest news they sold all BTC last month before the big dump, so you see, even though they hate it, remember they were businessman and will take opportunities if they see one.

Having an opinion does not make you right. This is the problem with millennial thinking. They are absolutely entitled to opinions but it is super crazy to see everywhere on social media now that people are posting OPINIONS against facts that are backed by science and experience.

Same thing happens in crypto now because well,,, the world is just full of people thinking that just having an opinion entitled them to the truth.

Let them be though,,, they will all throw their money into crypto and find out themselves.

That could be one of the reasons people don't leave the house with Covid-19 at this time. a good alternative to do in the present. You can buy the newest virtual currency today to receive results in the next few months. this sounds easy and fun but you should try and learn it. But have you bought some coins? Opportunity does not come twice

I don't know if they "use" them as we would like the coins to be used. They use them to stake them and earn passive income, but it would be more important to see cryptocurrencies being used for buying services and products of daily usage. Most stores probably only accept BTC and ETH, but that is too expensive.

All people are different and everyone has their own point of view, and each of them pursues their own interests, bitcoin today costs more than $ 50 thousand and the demand for it is getting more and more every day, so it is hard to call bitcoin a "bubble'.

I think they are all right, because every moment each person's judgment is correct at that moment. At any stage, the market will have different problems, and we cannot judge it as you think.

They are not the main product so whatever they say might affect or may not, still depends from the people who will

follow this market and make their investment. We do need to learn from how the market been affected since those people

provides opinions in regards to crypto industry, make sure to analyze and always find every opportunities out from news

that being provided..

theres no right or wrong between them .
one is pessimistic in btc and the other one is optimistic in btc , that was both thier opinion but as one of the btc believer i am going to be biased and i will side with elon musk  .
 btc will rise but it can also go down  .
 i dont want to say that bitcoin is a bubble because that didnt happened yet but i may believe on gates that bitcoin is a bubble once i see it in my two eyes popped   .

Both are tech billionaires and will have different backgrounds. Bitcoin has risen in value rapidly over the past year and that could soon end the bull run at any point.
In the long term Bitcoin is a good investment.
The Bitcoin market grew in suspicion and the value of Bitcoin has now reached $ 56k as it is now. I think Bill Gate and Elon Musk are also Bitcoin traders and they have the right to be worried or confident about their investment.

You are getting it wrong, there is no one that is wrong between them. They are both billionaires that got rich by investing billions of dollars in several asset class. But they have different views on bitcoin. Bill Gate is the old money that believes in the conventional way of investing and it works for him, while Elon Musk is the new money that believes in tech and innovations, which is working for him also.

That is a fight we must be closely watching :D Elon Musk against Bill Gates, but also Elon Musk agaist Jeff Bezos which is much more interesting as they are the richest guys in the world fighting for the title who is the first to conquer Mars! :D

I do not deny their influence, but any statement they make should be seen as a sharing of experience of opinion.

Who can say everything right? No one, depending on the timing as I say and what we learn is our business.

Their current influence is huge for now, no one can say whether their opinion is right or wrong, because they must have their own way of judging a project.
We must also have our own research because what actions we take will be at our own disposal.

I don't care with Bill Gate hates and never give support with bitcoin but always check what new tweet from Elon Musk about bitcoin and doge coin, I think best time when Elon Musk make new announcement on publish about his ideas about bitcoin and doge coin. With support from Elon Musk many investor and bigger company accepted bitcoin as currency digital transaction payment.

The real joke is that when Bill Gates he said he would short Bitcoin if there was a way to do so, it actually was possible to short Bitcoin already if I remember correctly.

What I dislike about Gates' opinion is that a bit earlier he said Bitcoin can be of great value. He changed his mind out of nowhere probably because Warren put some pressure on him.