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Question: Is Warren Buffet buying bitcoin?
Yes - 8 (17.4%)
No - 31 (67.4%)
Conspiracy - 7 (15.2%)
Total Voters: 46

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Author Topic: Warren Buffet buying bitcoin?  (Read 3205 times)
pereira4
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January 14, 2016, 06:08:53 PM
 #61

Basically Buffet and others old blood investors are not believing if non-regulated currency. For them current state of Bitcoin is similar to Wild West.
They don't believe government and politicians will leave bitcoin unregulated for long and bitcoin must change to be on par with other payment methods,
when that happen bitcoin will lose its worth, so it is better to leave it alone - Buffet's logic.

They will never get it, they are simply from the old generation, it's the same as trying to explain Bitcoin to your parents, they will never get their heads around it, it's just too complicated for anyone that hasn't been born in the era of internet OR if they are engineers or somehow computer related even if they are older.
ifightformerkel
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January 14, 2016, 06:14:19 PM
 #62

I bet he is buying bitcoin.
The price is really low at the moment (and he know that), so why not investing a few 100k in bitcoins?

He can make huge Profits in the future.
Erkallys
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January 14, 2016, 06:54:23 PM
 #63

He's old-school. He said multiple times that Bitcoin is bullshit. I think that his word as more value than all the bitcoins on Earth for him. I won't take the risk to be looked as a clown to make what's pocket money for him Wink !
BellaBitBit
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January 14, 2016, 07:05:12 PM
 #64

I bet he is buying bitcoin.
The price is really low at the moment (and he know that), so why not investing a few 100k in bitcoins?

He can make huge Profits in the future.

Now that I think of it you have to wonder why he WOULDN'T just grab a few 100k like you said.  Even though he has publicly dissed Bitcoin it may not be the case anymore.

I love Bitcoin
krunox123
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January 14, 2016, 07:14:07 PM
 #65

I bet he is buying bitcoin.
The price is really low at the moment (and he know that), so why not investing a few 100k in bitcoins?

He can make huge Profits in the future.
I don't think that will ever happen. He is an old school old man, he will never believe in Bitcoin since he said Bitcoin is just a "mirage".

Life sucks.
Equinoxx
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January 14, 2016, 09:08:47 PM
 #66

Last year on Bloomberg or one of the big global news channels, he was interviewed and he advises everyone to stay away from Bitcoin. A quick Google search could've found the answer.

Maybe secretly, who knows.. But that's why it's called a secret  Cheesy

Personally I doubt it as he is doing fine and he doesn't need to invest in something. Berkshire Hathaway is doing just fine for him and he isn't by any means a greedy person.


-.sgmf
randy8777
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January 14, 2016, 09:36:30 PM
 #67

He's old-school. He said multiple times that Bitcoin is bullshit. I think that his word as more value than all the bitcoins on Earth for him. I won't take the risk to be looked as a clown to make what's pocket money for him Wink !

he doesn't know any better. these kind of investors will never invest in bitcoin as they love their fiat economy way too much. their wealth is build 100% in fiat. they won't give that up.
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January 15, 2016, 12:05:27 AM
 #68

When Buffet's share has lost half of its value during financial crisis, it was helicopter Ben saved him, so he will dedicate his life to fiat money in return  Grin

Arcteryx
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January 15, 2016, 12:14:31 AM
 #69

Statements like this from him only brings more awareness to bitcoin.
So he thinks he is harming it while in fact he is promoting it because gen-zer's will do completely the opposite of what he says, since he is old and has crabby points of view of how the world is now.
Back in my time  Roll Eyes blah blah blah

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BitHodler
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January 15, 2016, 12:17:09 AM
 #70

It will not happen, Bitcoin is way too risky for him. It could turn out to be a great investment for some one as wealthy as he is. He can throw in $1 or $2 billion and get himself a massive stake in Bitcoin.

BSV is not the real Bcash. Bcash is the real Bcash.
shyliar
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January 15, 2016, 12:18:38 AM
 #71

Definitely he bought a few. He used them to buy Viagra and Cialis on the Dark Market. Even Warren likes a real bargain.
Pab
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January 15, 2016, 12:40:31 AM
 #72

No he is not.He is already retiired.He and his fund always are buying assets what are paying dividend
Bitcoin is not asset,bitcoin is money a currency

 
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knowhow
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January 18, 2016, 06:18:30 PM
 #73

He can pay any of black or sex shop item with cash without left a trace from his cards,or he can easy send an employer to do the task ,soo why would such personn get into bitcoin ?To grow the fortune;for fun ,makes no sense he doesnt need to try bitcoin,but he could take a look and make his own coin backed by real fiat.
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