bitcoin is a rat poison?

[newwest]

bitcoin is not a rat poison, because work in bitcoin is very petrified people who do not have a job, and also bitcoin will grow, do not argue that bitcoin rat poison.

It is a full time job which many people are doing it. They have left their own job and started this as a business and are happy to do that. Though currently being the slack market due to which earning has gone down but it is a part of the volatility which cannot be always same.

[Kemarit]

****5*****

https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

And after more than 1 year after this controversial statement, bitcoin is still here and the attack continues coming from Warren Buffett and Jamie Dimon here: (http://fortune.com/2018/06/07/warren-buffett-jamie-dimon-bitcoin-beware/). But its interesting to note that WB has a change to get into the bandwagon early (2013) when bitcoin was price at $130 but decided not to do so, missing potential profits of 4,000% when bitcoin hit its peaked in December. (https://dailyhodl.com/2018/06/27/warren-buffett-decided-not-to-buy-bitcoin-at-130-in-2013-missed-4000-gains/). Maybe now we know why those traditional investors doesn't like it, because they decided not to buy early that should have made them more money.

[coingrowth]

warren buffet denied all technology shares earlier now we can see the position of technology now he commented on future of money bitcoin with rat poison but sooner or later he will be feeling regret by saying this

[The_Dark_Knight]

It's not surprising Warren Buffett is skeptical of Bitcoin. He is a numbers guy. He doesn't invest in any companies that have not been profitable for 10 years running, and he makes a decision after carefully looking at the fundamentals of a company, including its profit margins, debt, competitive advantage. He is a smart investor. It's one thing to get lucky on any investment, it's another to consistently pick winners like Warren has for decades. It's not a secret. He is a safe investor, a patient investor. It has paid off for him. He wouldn't have become a billionaire by jumping on every bandwagon that comes along, even if that means he misses some great opportunities. He sticks to what works. So, just because you disagree with him, you cannot deny his credentials, and it should be obvious why he would dismiss crypto currencies in general.

The problem is that he is making comments about something that is outside of his area of expertise, he is a fundamental investor so something like bitcoin is not something in which he will ever invest and if that is the case why he does not leave it alone, let others that like to invest in high risk investments or startups to express their opinions about bitcoin and its technology.

[maculeth]

there are people who call it that. because when they first invest in bitcoin and they can profit, they will continue their investment. with the possibility that bitcoin prices could drop drastically and suddenly, they would call it a scam.

[webdevmastery]

****5*****

https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

In my own opinion, bitcoin is not a rat poison but you can lose a huge amount of your investment if you keep on selling your coins at its lowest price when you feel pressure in the market.

[stayeduptolate]

****5*****

https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

Ah! Now I get a new term for the bitcoin. Some days that bitcoin is a bubble which will burst away any time, some call it a Ponzi scheme, some call it a chit fund company and now the new name that is a rat 🐀 poison, a slow poison that will kill people later on and now people are finding it good and tasty and I think what the hell , what has happened to the people around and to what extent they can say negative about bitcoin, all I can say that I am getting benefited by bitcoin so I love it and I also suggest everyone to invest in bitcoin.

[Nyenyepogi]

****5*****

https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

Cause we have a dream that bitcoin and technology. I even though, but we should do that for you can get your teacher. Cause I think it will be risen by about a great mind. I believe the future, I believe that bitcoin and technology. I do a lot more to the market is not a lot of cryptocurrency

[ufalo3]

bitcoin is not a rat poison, because work in bitcoin is very petrified people who do not have a job, and also bitcoin will grow, do not argue that bitcoin rat poison.

It is a full time job which many people are doing it. They have left their own job and started this as a business and are happy to do that. Though currently being the slack market due to which earning has gone down but it is a part of the volatility which cannot be always same.

It does not matter how you call it - the full-time job or even a kind of a hobby. In any case, it cannot be called ever any rat poison. Bitcoin is our future.

[Slavyanskiy]

I think that bitcoin is a new opportunity for all of us. and what others say there - it does not matter.

[Abolaji11]

I sincerely believe their is freedom of expression and right to your own opinion. A lot of people said Warren Buffet is the man that call bitcoin a rat poison. This is his opinion and he has right to call bitcoin any sort of name he chooses just because he didn't believe in it.  However,  this should not cause or lead to any FUD. Whether bitcoin is a poison(rat) or not,  time will tell and it is only bitcoin itself that can vindicate where it belong.

[sheryl26]

****5*****

https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

Cause we have a fantasy that bitcoin and innovation. I despite the fact that, however we ought to do that for you can get your educator. Cause I figure it will be ascended by about an awesome personality. I trust the future, I trust that bitcoin and innovation. I complete significantly more to the market isn't a great deal of digital currency

[Tozi]

People call this in many ways.Many people are pleased with this, and some are also not.Perhaps this can't be compared to that name, but today people use all kinds of expressions.

[Indamuck]

warren buffet denied all technology shares earlier now we can see the position of technology now he commented on future of money bitcoin with rat poison but sooner or later he will be feeling regret by saying this

He's always avoided the tech sector completely with his investing.  He had chances to invest in Google, Amazon, Microsoft, but he doesn't understand these companies so he wont touch them.


Yes he may call bitcoin a bad investment but he doesn't fully understand it so you can't take his advice too seriously.

[tosmartak]

warren buffet denied all technology shares earlier now we can see the position of technology now he commented on future of money bitcoin with rat poison but sooner or later he will be feeling regret by saying this

He is a traditional man and it is obvious people like him will always want to go against new technologies that has to do with the finance section disruption. However, a time will come when they will definitely be faced with reality anyway and they really won't have much to say that to regret as you have said. I believe their own idea of trying to deny the obvious rather than embracing it makes their mind itself a rat poison.

[RasicaOla12]

bitcoin is not a poison it is a perfume bottle if you like it it will make you smell and attract more people i like bitcoin and i will invest bitcoin sôn in future

[SeriosSam]

They simply reject the very idea of ​​bitcoin, therefore they endure such critical conclusions ...

[victorski]

****5*****

https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

On another hand we are having so many of worldwide known specialists and experts on economics saying completely opposite things about bitcoin and having a positive attitude towards that.

[earnestoshodi]

Even if the statement can be credited to Bill Gates, it does not mean he is remotely close to being true.Bit is simply amazing,no matter what some persons are saying

[agapi]

Yes, he will call it a rat poison. But do not act surprised if he has got a stock of this rat poison purchased in decent volume already.