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Author Topic: Warren Buffet advise not to buy bitcoin. Expect bitcoin price to collapse.  (Read 8570 times)
randy8777
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January 20, 2016, 12:17:59 PM
 #141

Notice buffet hasn't told anybody what to do with their money in 2016...

Maybe he is secretly investing into bitcoin. But this might be against his advice. He does not see cash flow from bitcoin.

i don't think he is investing in bitcoin in secret. especially when it's done through his berkshire hathaway. every investment, no matter the size, must be made publicly for the share holders. if he really had invested in bitcoin or a bitcoin related startup, then we would have heard about it already.
sandiman
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January 20, 2016, 06:39:16 PM
 #142

Notice buffet hasn't told anybody what to do with their money in 2016...

Maybe he is secretly investing into bitcoin. But this might be against his advice. He does not see cash flow from bitcoin.

If Buffet would invest in bitcoin, believe me that he would say all the benefits it possesses. Only by speaking greatly about bitcoin, he would make its value rise from several %. He actually is very listened in stock markets.
cbeast
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January 21, 2016, 05:40:44 AM
 #143

Notice buffet hasn't told anybody what to do with their money in 2016...

Maybe he is secretly investing into bitcoin. But this might be against his advice. He does not see cash flow from bitcoin.

If Buffet would invest in bitcoin, believe me that he would say all the benefits it possesses. Only by speaking greatly about bitcoin, he would make its value rise from several %. He actually is very listened in stock markets.
Not likely. He files a 13F and will not publicly disclose his Bitcoin holdings until he feels it's time to sell.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
dumana
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January 22, 2016, 10:17:12 PM
 #144

Notice buffet hasn't told anybody what to do with their money in 2016...

Maybe he is secretly investing into bitcoin. But this might be against his advice. He does not see cash flow from bitcoin.

If Buffet would invest in bitcoin, believe me that he would say all the benefits it possesses. Only by speaking greatly about bitcoin, he would make its value rise from several %. He actually is very listened in stock markets.
Not likely. He files a 13F and will not publicly disclose his Bitcoin holdings until he feels it's time to sell.

When he wants to sell, he can talk up the price and sell at the high price. A very good strategy.
jmintuck02
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January 23, 2016, 05:19:16 AM
 #145

THESE FUDsters want to FUD because they trust Fiat and can't get used to the fact that a better currency is out there. They have grown so used to oil and cash that

they really cannot imagine anything else. Can you imagine them crying poor mouth once our BTC gets worth plenty?

Farstdury
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February 02, 2016, 10:50:49 AM
 #146

THESE FUDsters want to FUD because they trust Fiat and can't get used to the fact that a better currency is out there. They have grown so used to oil and cash that

they really cannot imagine anything else. Can you imagine them crying poor mouth once our BTC gets worth plenty?

Warren Buffet only invest in the companies which can provide him with positive cash flow. Bitcoin is not established enough for him.
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