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Author Topic: WARREN BUFFET says Bitcoin won't end well  (Read 3768 times)
ZZ8ZZ
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July 01, 2018, 05:53:07 PM
 #341

It didn't went well for everyone who invested in Bitcoin when it was at its ATH, but for everyone who is smart and buys the dip I don't see how BTC will end bad for them  Grin am I missing something here? Warren Buffet knows that what goes up - it goes down and of course the opposite: what goes down - it goes up. This is a common rule in the world of trading. Why would you invest at BTC during such crazy run like the one in December? That's pure FOMO with 0 due diligence about the market. If Buffet says the same thing now again, then I can only laugh at him LOL.
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shafi alam
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July 01, 2018, 05:57:42 PM
 #342

he is a old man, He can't adopt with bitcoin.  and he didn't say a good word for bitcoin without those worst sentences.
Saritelli
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July 01, 2018, 06:04:24 PM
 #343

As billionaire Warren Buffett says, he believes all crypto will collapse in five years. However, Warren Buffett admits he does not have much knowledge of the cryptocurrency market.

Yes, maybe he does not really understand this. Or maybe this is a fraud and thus it affects the price of bitcoin. I think that such people do not just say anything.
privedvelosiped
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July 01, 2018, 06:19:05 PM
 #344

Why do you care so much about Buffett's opinion? why are you not worried about the opinion of trump or Kiyosaki about bitcoin? Buffett is almost 90 years old and he does not understand what bitcoin and blockchain are. His brain may not understand this chain of relationships. I respect him, but I don't understand his decision.
sammyp
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July 01, 2018, 06:23:07 PM
 #345

It’s his prediction and in the world of cryptos every kind of prediction is acceptable. It’s only time which will prove who is right and who is wrong. I find myself believing that bitcoin will be very successful in the future.

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Sam San
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July 01, 2018, 06:59:10 PM
 #346

As billionaire Warren Buffett says, he believes all crypto will collapse in five years. However, Warren Buffett admits he does not have much knowledge of the cryptocurrency market.
in this world may collapse all, but depends from what height, and how low. while it is seen that the market is turning and again begins to look up.

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July 01, 2018, 07:07:05 PM
 #347

Thank you for the explanation.  It really helps for the ones who are interested in Learning about Bitcoins. Am interested in Learning about bitcoin and Crypto trading, So I think this forum would be a great resource for me.
vnck25
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July 01, 2018, 07:26:39 PM
 #348

Maybe he is correct, maybe he is wrong! For me it does not matter at all, I know that blockchain technology is here for stay and I would bet my money on that technology and the underlying cryptocurrency. I think what we see today is simply the market cycle, for sure the price of  Bitcoin will bounce back and we will see a bull market.  What we need to have is patience!
RevolutioNz
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July 01, 2018, 07:54:56 PM
 #349

From my opinion , No one can end the Bitcoin. Its a huge process and one W. Buffet  cant end it.
Ucy
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July 01, 2018, 08:14:27 PM
 #350

All I can say is that they are seriously underestimating the potential Blockchain and Cryptocurrency.
By the time they realize the what the amazing technology can offer it may be too late.
Hopefully no one tries to create the "bad ending" himself or tries to slow things down.
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July 02, 2018, 10:27:43 AM
 #351

he cant say what can happen in the future though. even if he is a gian investor, he can't predict what can happen.
loismanny88
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July 02, 2018, 08:16:12 PM
 #352

All I can say is that they are seriously underestimating the potential Blockchain and Cryptocurrency.
By the time they realize the what the amazing technology can offer it may be too late.
Hopefully no one tries to create the "bad ending" himself or tries to slow things down.

Maybe they're not underestimating, maybe they're just buying time and cheap coins.  Grin
That kind of people often have a nose for things for making money so I really believe that they're already in the game just don't want the world to know it until they own a big chunk of the market.
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July 02, 2018, 08:43:24 PM
 #353

About Bitcoin told many times different popular investors and others and everytime it's different words and opinions.
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July 02, 2018, 11:11:29 PM
 #354

Warren Buffett can have all the riches in life but i don't think that anyone knows exactly what is going to happen about cryptocurrencies. He may be saying that because of the critical point the cryptoworld is facing today but that's just normal because per bitcoin history, there is really a time that bitcoin falls down hard but always comes back strong.

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July 02, 2018, 11:39:07 PM
 #355

there are some bit guys also say the bitcoin era will end with bubble (Jack Ma also says the same)
but i dont think so
the world needs a decentralized and fast payment system, which is the current banking weakness
Large transaction costs are also a concern of people on poor country
and on the other side cryptocurrencies such as Bitcoin, Litecoin, Nano, Ethereum and the others have the advantage of the current banking system weakness

time will tell...

Gyfts
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July 02, 2018, 11:40:32 PM
 #356

He isn't wrong.


Bitcoin bubble burst hard. People that were invested early on benefited while the people that jumped on the hype train got burned.
Batask
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July 03, 2018, 12:42:41 AM
 #357

He isn't wrong.


Bitcoin bubble burst hard. People that were invested early on benefited while the people that jumped on the hype train got burned.

Well its possible because there are so many people who supoorts bitcoin and bitcoin's performance is quite amazing. There are so many people who earn profit on bitcoin, leave their jobs and make bitcoin priority. Bitcoin will never be dead because it has a strong community. Many people supports bitcoin.
candy69
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July 03, 2018, 01:29:57 AM
 #358

I think that we shouldn't worry about what would happen in the end, bitcoin is the best investment prospect out there now, so just invest and make money, don't worry about the end.
jeluhtajem
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July 03, 2018, 01:38:28 AM
 #359

no one can guess the future, anyone who states that bitcoin will end badly. I consider it just a mere nonsense.
only the future itself will prove how the end of bitcoin. ends good or bad. we just wait.
Magic Sarap
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July 03, 2018, 02:04:26 AM
 #360

I think that we shouldn't worry about what would happen in the end, bitcoin is the best investment prospect out there now, so just invest and make money, don't worry about the end.
I doubt it doesnt make sense, No one can predict what happens on btc in the future. I bet bitcoin will be successful in the next more years because of numbers using btc is increasing time by time, so that it will reach its goal which is to be the number 1 currency in the world.

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