Warren Buffet does not invest in Bitcoin, why?

[ir.yance]

The worlds greatest investor doesn't believe in bitcoin. What do you say?

"You can’t value bitcoin because it’s not a value-producing asset...it's a real bubble in that sort of thing.” - Warren Buffet.

Source : https://www.forbes.com/sites/johnwasik/2017/11/06/why-buffett-sees-bitcoin-bubble/#43a11fbe62a8

Because Warren Buffet is famous for pursuing traditional industry and not investing in anything related to the internet because he does not understand it. Someone who does not understand the internet also can not understand about bitcoin. because the internet is the part to get bitcoin, so the Warren buffet did not invest in bitcoin.

[Straux]

Look, I think you'll find that many investors are skeptical of these new types of investments, and that they stick to traditional assets, such as shares and whatnot. Warren Buffet isn't the only well known investor who doesn't believe in Cryptocurrencies, just look at Jamie Dimon (CEO of JPMorgan) and all the news articles about him and how he calls it stupid or whatever.

I don't think we need to worry or care at all about what Warren Buffet or whoever thinks, just look at how well Bitcoin and other Cryptocurrencies are doing - and they will continue to do well even with the continued skepticism.

[athanz88]

There are lot of reasons why he doesnt want to invest on bitcoin, such as :
1. He doesnt like this kind of investment and prefer other kind of investment such as offline investment ( other assets like gold, land, or property)
2. Maybe he and his business consultant doesnt follow and fail to comprehend the bitcoin technology, that is why he can make that statement.
3. He thinks he is already late to invest on bitcoin.
That is some reasons i can think of, but whatever he thinks about bitcoin, i hope it wont affect bitcoin at all, and wont affect all of us.

[best ever]

The worlds greatest investor doesn't believe in bitcoin. What do you say?

"You can’t value bitcoin because it’s not a value-producing asset...it's a real bubble in that sort of thing.” - Warren Buffet.

Source : https://www.forbes.com/sites/johnwasik/2017/11/06/why-buffett-sees-bitcoin-bubble/#43a11fbe62a8

He has too much money and maybe he sees in bitcoin his competitor or simply does not understand how to make money to buy coins. On the contrary, it is much better to invest in bitcoin than in stocks.

[jayc89]

The worlds greatest investor doesn't believe in bitcoin. What do you say?

"You can’t value bitcoin because it’s not a value-producing asset...it's a real bubble in that sort of thing.” - Warren Buffet.

Source : https://www.forbes.com/sites/johnwasik/2017/11/06/why-buffett-sees-bitcoin-bubble/#43a11fbe62a8

Warren Buffet doesn't know what he is talking about. First of all, he trades on the stock exchange and that is a mirage in itself.

[SixOfFive]

You never know he might have hold a handsome amount of BTC for himself.
Or he is defaming crypto-market coz he don't want investors to shift from tradition stock market to crypto-market.

[Hy1085]

His company already has its own form. People who already succeed in their company doesn’t want to take the risk. Remember we are people want financial freedom, but hardly in other ways.

[kidoseagle0312]

The worlds greatest investor doesn't believe in bitcoin. What do you say?

"You can’t value bitcoin because it’s not a value-producing asset...it's a real bubble in that sort of thing.” - Warren Buffet.

Source : https://www.forbes.com/sites/johnwasik/2017/11/06/why-buffett-sees-bitcoin-bubble/#43a11fbe62a8

I have a question to you bro. Where did you get the information that warren buffet didn't invest into bitcoin. Since Warren Buffet is one of the popular investors in the entire world now. He has his own opinion and speculation about in bitcoin. And all of us here in terms of business had their own choice to express our understanding about in one thing like in bitcoin.

[codered000]

As a successful businesman, he wouldn't want to take part in high risks investment like bitcoin. Many well known economist says that bitcoin is a bubble and that it shows the signs of a bubble like the tulip bubble. And for Warren Buffet this is not a good sign to invest in and gamble his money in where he can't see wether it will be a success or failure in the future. These big investors are prudent and they don't want to gamble their money in high risks investment.

[Noctis Connor]

Buffet knows a lot in this investing things, he is smarter than me, i think that's his opinion also. We can't argue with that thing. I think he is just learning how bitcoin works. A lot of people also thinks that bitcoin is a scam.

[AmericanFoodfox]

That is a particularly for investors maybe he can supply his need by his own investment thats why he cannot invest to this butcoin but. We cannot ensure that because some news is fake.

[bitcoinveda]

Warren Buffet did nt invest in IT shares did IT industry stopped because Warren Buffet didn't invest. Later Warren buffet regrated missing Oracle and other IT company shares