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Author Topic: Warren Buffett !  (Read 244 times)
MattCrypto43 (OP)
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December 26, 2017, 10:13:53 AM
 #1

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p
13abyknight
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December 26, 2017, 10:23:25 AM
 #2

Based on his words from a few months back, he seems to be one of the many who had a chance to buy-in a long time back but didn't go through with it due to lack of belief in Bitcoin. Further, as prices continued to soar, he took it up to himself to continue spreading the 'bubble' plague. I do not believe he has any investments in cryptocurrencies because if he did, he wouldn't be calling it out while reaping profits.
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December 26, 2017, 10:34:18 AM
 #3

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p
We have already discussed about this many times before.Buffet is a successful investor in stock market.He has vast knowledge about traditional companies.But he lacks knowledge about new technologies.Bitcoin being a new technology,he just wants to stay away from it.

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Coin12
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December 26, 2017, 10:43:49 AM
 #4

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p

I dont exactly know who warren buffet is and i dont really want to know.
Last time he spread the word of bubble about bitcoin. I dont know why he did it. I think he does not get any income from bitcoin so thats why he tried to spread that bad word to other people.

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December 26, 2017, 10:57:13 AM
 #5

Warren buffett is king of stock markets , he has in depth knowledge of stock companies and how it works , he is the one role model for so many  stock and mutual fund investors , on technology wise he may not be interested to invest on crypto currencies  as crypto currencies does not work like stock markets shares , it is entirely different concept like de-centralized .

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December 26, 2017, 10:59:31 AM
 #6

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p

and my question is:
how do you know that Warren Buffet have not invested in bitcoin yet?
for all you know he might be the biggest bitcoin whale in the whole world holding at least 1000 bitcoins.

in fact i believe that is why he have ever talked about bitcoin. he wanted to buy in the dips Wink

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December 26, 2017, 11:06:35 AM
 #7

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p
You can not be perfect in everything. There are solutions, the correctness or the error of which, we will see with time.
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December 26, 2017, 11:15:52 AM
 #8

I have heard, although cannot confirm, that Warren Buffett only invests in things he understands well and crypto is something he does not understand well at all. Also, have heard he may only choose stable and consistent things to invest in. Just my 2c.

:]
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December 26, 2017, 11:16:49 AM
 #9

He is a very successful investor but now is 87 years old and not sure if he can catch the technology revolution behind bitcoin and blockchain

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December 26, 2017, 10:14:54 PM
 #10

With all due respect to the man, i am still looking up to him when it comes to investing, his ways has been proven through time, i guess if if also had tried to venture in cryptocurrency he will be shocked on how fast his system would work, but thanks to him a lot of investors in crypto currency today, uses his styles on how to invest and more likely than not, also have the same result and that might be the reason why he did not push crypto currency, since it will only show that bitcoin is not a bubble. Though he did not invest in crypto currency and say that bitcoin is a bubble, people still uses his ways and his reasoning why they invested in bitcoin, and there is a high chance that there will be a warren buffet in cryptocurrency.
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December 26, 2017, 10:18:27 PM
 #11

All we know warren buffet ..  my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p

He clearly said that all the cryptos are a big scam for him, and maybe he was not wrong about that.

The real problem are the guys like McAfee who are trying to pump and dump all the coins who are on the market like he is doing right now.

The market is full of manipulators, big whales, and a lot of other kind of people who are only taking advantage of the situation.
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December 26, 2017, 10:26:15 PM
 #12

I have heard, although cannot confirm, that Warren Buffett only invests in things he understands well and crypto is something he does not understand well at all. Also, have heard he may only choose stable and consistent things to invest in. Just my 2c.
That is not not entirely true.
For example he hates gold and he has never invested in gold but he invested in silver.
He thinks bitcoin is just one big bubble and that is the reason why he didn't invested.
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December 26, 2017, 10:50:09 PM
 #13

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p

How can we answer this as we are not warren buffet. I don't think that he is invested in crypto, at least not very knowingly. If he is it will be via some advisor or such. I'm sure he has no real need to though and is doing just fine with his current set up.

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December 26, 2017, 10:51:39 PM
 #14

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p

He said crypto was rat poison.

Some replied that he was the rat.

 Grin
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December 26, 2017, 10:56:37 PM
 #15

He is quite old, he will never understand how cryptos works, and i understand him, he is more than 80 years old if i am not wrong, he borned on the period in where there were farms.. not a "blockchain" like it is right now.

I have heard, although cannot confirm, that Warren Buffett only invests in things he understands well and crypto is something he does not understand well at all.

He has always invested on stocks, on currencies, on "stable" things , but we all know that stocks aren't stable too. They are probably the most insecure asset after bitcoin because of the volatility.

Also, have heard he may only choose stable and consistent things to invest in. Just my 2c.

he is old, but he is pretty smart.

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December 26, 2017, 11:00:29 PM
 #16

Why would anyone expect a very old multi billionaire who has hardly bothered to invest in any tech companies, several of which are now the largest and most profitable companies in the world, let anyone anything as batshit crazy as crypto?

He's a value investor and stocks are his thing. The closest traditional thing to crypto investment is forex which is something several thousand years old and he has nothing to do with either.
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December 26, 2017, 11:01:58 PM
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He's based on traditional investing, probably even conservative. Something like Bitcoin probably didn't appear close to what he had in mind as steady news focus.
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December 26, 2017, 11:08:54 PM
 #18

I don't think he invest into cryptocurrency, beause he only invested into the career that he understand, has consistant competitive advantage.
For the cryptocurrency, noboday can estimate  its real value in the future.
Anyway, I beliveve bitcoin will bring lot of profit for us in the future.
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December 26, 2017, 11:12:24 PM
 #19

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p
We have already discussed about this many times before.Buffet is a successful investor in stock market.He has vast knowledge about traditional companies.But he lacks knowledge about new technologies.Bitcoin being a new technology,he just wants to stay away from it.
He is actually my investment guru. I signed on him in Twitter and for now everything he have said about crypto currencies, mostly Bitcoin, came true. So, I build almost all my moves about sell-buy by his predictions and concusions.
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January 04, 2018, 04:51:57 PM
 #20

All we know warren buffet ..

my question is : why didn't warren buffet invest in any Cryto currency like Bitcoin, etc ... or he did we don't know yet :p :p
He might not understand Bitcoin, he thinks that Bitcoin is just a stock to invest in. There is more to Bitcoin than that.
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