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Author Topic: WARREN BUFFET says Bitcoin won't end well  (Read 3770 times)
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February 28, 2018, 11:13:42 PM
 #161

Probanly right when he says crypto is not going to end well, it will not end well for the.likes of him and the banks.
If he stores all the money that he has inside a bank then he will lose that money and some else will claim it.

 
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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March 13, 2018, 03:35:22 PM
 #162

Buffett said he would never invest in bitcoins. Buffett also believes that the madness around the crypto-currency will sooner or later end badly.
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March 13, 2018, 03:39:54 PM
 #163

What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.

The reason why warren buffet hate bitcoins is that, he is envy about people who are earning a huge amount of money from cryptocurrency, it is true that working on the corproate world is very hard and for that reason, there are other people who are terribly envy of those people who are earning a huge amount of fiat just by investing or trading that's why they are creating fake news about cryptocurrency.

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May 10, 2018, 09:06:19 PM
 #164

Berkshire - this is a real bubble, which will burst for real. It's not even a rat poison, but potassium cyanide in a cube. The growth of Berkshire is the result of Buffett's idolatry by thousands of depositors.

Compare Berkshire's weekly chart for all time and daily Bitcoin for the year. And now you will understand why Buffett is so fiercely trying to scold 400 billion kryptons, the capital from which could possibly save the state of affairs of Berkshire.
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May 11, 2018, 02:58:16 AM
 #165

What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.

thats true, but other cryptos will continue

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May 11, 2018, 03:12:07 AM
 #166

What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.

thats true, but other cryptos will continue

Wait so according to you Bitcoin will end and other crypto's will continue? I couldn't disagree more.
And Buffet is 87 years old, not the best person to take advice from when it's concerning bitcoin or any other crypto for that matter.
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May 11, 2018, 03:32:14 AM
 #167

Don't listen to that old dude. He's old fashioned who don't even know how to use smart phone. We're evolving and stock market is not the only source of investment nowadays
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May 11, 2018, 06:39:20 AM
 #168

Warren Buffett is a man from a completely different era. Bitcoin is at the very beginning of its journey and no one can accurately predict what
this new technology will lead us to. More and more large companies are announcing their blockchain projects, for example, Telegram.
I think Buffett's opinion is mistaken. Or he invested in short positions on bitcoin.

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May 11, 2018, 10:04:27 AM
 #169

Warren Buffett is a man from a completely different era. Bitcoin is at the very beginning of its journey and no one can accurately predict what
this new technology will lead us to.

I agree. Just look at his birthdate. He lived in different time. But who knows what can we expect from Bitcoin...
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May 11, 2018, 10:16:52 AM
 #170

What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
Warren Buffett has a message for people who think real estate agents are spivs who earn too much commission: you're wrong.
Mr Buffett said the commissions did not strike him as "excessive".

In a jest to his long-time investment partner Charlie Munger, Mr Buffett, long known for his frugal lifestyle, said Mr Munger might have a better opinion on the commissions paid to agents who transact the expensive mansions.
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May 11, 2018, 10:57:25 AM
 #171

which I think is a kind of strategy
them to make an issue about bitcoin to fall
where they will buy when the price they are targeting
and make new news again to raise the bitcoin price to high again
For someone on the business industry, added the fact that it is the one and only Warren Buffet that claimed bitcoin would die a gruesome death, the initial reaction of us normal investors would of course be in distraught and worry over our past decisions regarding bitcoin investment. The best counterattack to this happening, is giving our utmost support and faith on bitcoin, with this, there is a high possibility we could alter any undesirable future from happening.

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May 11, 2018, 11:35:41 AM
Last edit: May 11, 2018, 12:01:17 PM by LoyceV
 #172

TV-series comedy Silicon Valley summed it up nicely in the episode last Sunday. See Youtube: Gilfoyle explains Bitcoin in Silicon Valley!

Or let me quote it from the episode:
Quote
"is it possible that Warren Buffet called Bitcoin a piramid scheme because he has 92 billion conventional dollars to protect?"

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May 11, 2018, 11:37:05 AM
 #173

Before the price goes crazy and everyone buys cryptocurrancy. You understand, he is a successful business king and an expert in traditional stocks, but you will not take the word from someone who does not fully understand the technology and bias against the old system. Warren Buffett is one of the geniuses in allocating capital. But he does not invest in technology so it does not make sense to believe he's an oracle in that space. If you believe that crypto and blockchain are transformative, then learn from the early days of the internet.
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May 11, 2018, 11:46:53 AM
 #174

What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.

To be honest, I cant care less about that old fart. The chances are he is shorting it as he speaks and just thinks about his pocket.
There is no good reasoning behind his statement.

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May 11, 2018, 11:48:06 AM
 #175

In our world can be anything. All about what these people say I prefer not to think. I live today and now I believe that I will earn money on the crypt.
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May 11, 2018, 11:57:39 AM
 #176

Warren is very knowledgeable and experienced investor. But like everybody else, he is only human and cannot know what the future holds. Bitcoin and Cryptocurrency in general are here to stay. Price volatility is a problem now but it will stabilize. The technology and its potential is huge, we are now only scrapping the surface. So I don't think Warren Buffet is right in his assessment of cryptos.
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May 11, 2018, 11:59:03 AM
 #177

Then why is he trying to invest in cryptocurrency?
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May 11, 2018, 12:58:54 PM
 #178

What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.


he was the rich man or the man with the highest caste that did not falter my heart to switch from Bitcoin.

he could make a FUD, then when Bitcoin drops him and his subsidiary buy back.


keep strong brother!
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May 15, 2018, 02:28:04 AM
 #179

We have the right to be able to argue that bitcoin will end. It will not end well although there is a lot going on always making a bitcoin price reduction. Before we take action in crypto currency. Think more and decide well. Cool
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May 15, 2018, 02:30:02 AM
 #180

No offense intended, but Warren Buffet is in his last years and it's likely his life won't end well, being wheelchair-bound and wearing diapers. Meanwhile blockchain developers will continue the revolution.
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