Warren Buffet buying bitcoin?

[Equalizer1970]

Warren Buffett - NO. Rothchilds - YES

[Amph]

Nah, he's already mentioned he refuses to invest in anything he can't understand. So no, not likely, but possible nonetheless.

it's not like he can not study it, i think he is scared by the fact that even with his huge skill in trading, he will lose if invest in bitcoin

the market is unpredictable for anyone, even for him, this is the true reason for me

[SuperCoinGuy]

Perhaps he has a hidden stash somewhere waiting for the price increase to dump in the market and effectively crash it.

[DimensionZ]

Nah, he's already mentioned he refuses to invest in anything he can't understand. So no, not likely, but possible nonetheless.

it's not like he can not study it, i think he is scared by the fact that even with his huge skill in trading, he will lose if invest in bitcoin

the market is unpredictable for anyone, even for him, this is the true reason for me

Yes that is true however he may be a believer in the long-term value of bitcoins and still buys them with the intention to hold for the future.

[target]

Nah, he's already mentioned he refuses to invest in anything he can't understand. So no, not likely, but possible nonetheless.

it's not like he can not study it, i think he is scared by the fact that even with his huge skill in trading, he will lose if invest in bitcoin

the market is unpredictable for anyone, even for him, this is the true reason for me

Yes that is true however he may be a believer in the long-term value of bitcoins and still buys them with the intention to hold for the future.

For a billionaire like him, he could buy a lot of bitcoins, become a big whale and may even play around our investments by pumping and dumping lol.  but i don't think he will do this, he'll probably just leave bitcoin to small timers. He'd be much more interested to what he can handle best and know well.

[crazywack]

Wouldn't surprise me if he was, but he did come out and basically bash Bitcoin. He might be one of those FUD masters trying to get some cheap coins

[dhimasnk]

I think it is still difficult to Warren Buffet bought a bitcoin, because bitcoin is a relatively new technology

[crazywack]

I really doubt it's hard for him, he has made a mint and a half being ahead of the curve. Only thing I know he lost big on was buying pacific power as of late.

[krunox123]

Your answer please

Why not? I bet he secretly purchase Bitcoin worth 0.1% of his net worth.

[tobacco123]

No... he will not give his money to bitcoiners...

[edoncoin]

Your answer please

I said Yes

[calkob]

The only good thing that would come out of warren buffet investing in bitcoin would be the PR bitcoin would receive because of it and the amount of people that would flock to bitcoin.

[WhatTheGox]

Your answer please

Of course all these guys are buying up coin, at least all the ones with half a brain are.  If something shows some promise its wise to diversify and have an investment in it. Bitcoin has shown promise quite clearly, its not going to hurt him to chuck in a mil or so and if it goes wrong no big deal.

[1Referee]

I don't think so as he is a very old fashion investor. Just look at his current investment portfolio. All investments are in long existing companies that he think he will get a stable return from. That's his investment style. It's an old man, he need to focus more on spending/enjoying his wealth instead of keeping working.

[amacar2]

Your answer please

Nopes. My team is working on a different coin, which will be better than bitcoin.

Haha we get attention of warren buffet.
How you manage to be active in this forum if you are not interested in bitcoin ?

[franky1]

Nah, he's already mentioned he refuses to invest in anything he can't understand. So no, not likely, but possible nonetheless.

here is some speculation..
wat if he said he was interested.. all of a sudden there would be a surge of interest from every financial firm on the planet thinking they need to get in before buffet buys a hoard. causing a price rise. thus shooting buffet in the foot before he even buys a coin..

any smart trader knows you don't publicize interest before your going to buy.. you publicize after you buy and near the time your ready to sell.. that way you profit from the price rise

[Mickeyb]

Thinking I clicked on this thread, thinking this was a notable news-worthy event that has happened.

To Op, no it will never happen, he will live in his Fiat bubble forever(and die there too, not much time remaining)

[the_poet]

A year ago he advised to stay away from Bitcoin. Did he change his mind in the last year?

[thejaytiesto]

Warren Buffet will go down in history as the man that made a fortune with his investments and was usually always right, except in his last prediction of Bitcoin being a failure. Statistically, it's obvious this is one big mistake by him:



I feel bad for the guy, he could have been remembered for getting this one right too, but he is too old to comprehend.

[knowhow]

Why would he try bitcoin?Bitcoin has a huge potencial and a huge risk involved into it otherwise we would see big companies working with bitcoin and investing into it.