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Author Topic: WARREN BUFFET says Bitcoin won't end well  (Read 3769 times)
nvt2511
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July 03, 2018, 03:17:48 AM
 #361

He is just jealous because what took him lifetime to make people are making in few years thanks to crypto. Soon they will regret and buy bitcoin also.
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loismanny88
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July 03, 2018, 04:28:02 PM
 #362

He is just jealous because what took him lifetime to make people are making in few years thanks to crypto. Soon they will regret and buy bitcoin also.
I really doubt that he's jealous. He's too old to even care about money anymore. I think that money is like a drug to these old farts, they don't need it for anything but they love having loads of it.
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July 05, 2018, 08:30:17 AM
 #363

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.
If we look at the present conditions of bitcoin then anyone will predict the same thing that bitcoin is not going to end well because the conditions bitcoin has been going through are not good , it’s val has deflated to a very low extent and in major countries like India , it is completely banned and not Warren Buffet, there are more such people who are in against of bitcoin but I still thinks that this is not the end, the picture is still left and in the end bitcoin will end up like a shining superstar.
Blackhammer321
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July 05, 2018, 08:35:32 AM
 #364

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 is a formidable investor abd a very well known name in the world of investing and business, so it's still a vital thing to take into consideration his comments and insights on bitcoin and cryptocurrency. On the other hand, we shouldn't jump ship yet, after all it wiuld take long for an established coin such as bitcoin to die off. Trust bitcoin for now, the price drops were nothing to mind of.
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July 08, 2018, 12:30:15 PM
 #365

One persons opinion does not necessarily affect the whole cryptoworld. If you are scared and dont believe in bitcoin nor the other cryptocurrencies then sell your coins but to those who are loyal to bitcoin and the alternate coins. As a result, it can cause bitcoin's market price to go down which is also a good time for him to buy another voluminous quantity of bitcoin.  Shocked Cheesy
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July 08, 2018, 12:45:47 PM
 #366

We continually meet a bunch of comments on bitcoin, but you should have your own and just follow it. Choose the most reliable sources with objective information and only trust them. Lots of false information, keep that in mind.
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July 08, 2018, 12:54:13 PM
 #367

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

I agree with you they have great opportunities and strategies , know everything in advance.  Roll Eyes Smiley

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July 08, 2018, 12:55:08 PM
 #368

Warren Buffet is rather an old-school investor. Although he is the second richest man in the world, he has always been known to the world as a very careful investor. And perhaps because of this, he sees Bitcoin and crypto as very risky and dangerous things to venture into. But perhaps we should also try to listen to the richest of them all, Bill Gates. Bill Gates is much younger and known to be into new technological innovation. The man is saying a lot of good things about crypto and Bitcoin.
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July 08, 2018, 01:02:55 PM
 #369

ahhh him again, most lazy me when he heard FUD from famous people who just ugly and can only decrease the price of Bitcoin.

it's just her strategy to buy Bitcoin at the bottom price and resell at the top price when Bitcoin rises and becomes Green, my advice just ignore any FUD and throw away that way.
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July 08, 2018, 01:32:24 PM
 #370

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.
If we look at the present conditions of bitcoin then anyone will predict the same thing that bitcoin is not going to end well because the conditions bitcoin has been going through are not good , it’s val has deflated to a very low extent and in major countries like India , it is completely banned and not Warren Buffet, there are more such people who are in against of bitcoin but I still thinks that this is not the end, the picture is still left and in the end bitcoin will end up like a shining superstar.
Personally, I think in the near future, things will be like what you said, bitcoin will not end and it will still appear a bit light, regardless of the current situation, it is facing many problems, many difficulties, even getting obstructed by many people. However, it is the near future, talk about the future further, I very much agree with warren buffet, bitcoin will not have a good ending, it comes too quickly and creates a profound effect on the economy of many, it is a belief bubble and when people realize it is a mistake, it will end in traged, can be extremely low value, no longer supported by the user and a lot of bad information

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July 08, 2018, 02:07:38 PM
 #371

People have said all sorts of things concerning Bitcoins in the recent past, Mostly the media and influential public figures  including respectable business men, This has many a times led to more doubts in the market about the authenticity of the coin,But the coin keeps getting Back on from the fall such comments cause, Buffet just like any other person have the right to opinion, this doesn't mean that his is always right

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July 08, 2018, 03:57:55 PM
 #372

However, it is the near future, talk about the future further, I very much agree with warren buffet, bitcoin will not have a good ending, it comes too quickly and creates a profound effect on the economy of many, it is a belief bubble and when people realize it is a mistake, it will end in traged, can be extremely low value, no longer supported by the user and a lot of bad information

If it is a "belief bubble", as you call it, why is the price so resilient at and above $6k then? You know beliefs without substance end pretty quickly in this informational age. And if money is concerned, they end even faster and typically without comeback. Obviously, bitcoin was and for significant part still is a speculative bubble, while many so-called "cryptocurrencies" are just short-lived pump and dump schemes, if not outright scams. Anyone who is going to deny this is either delusional or in denial (or both). But since 1 bitcoin is still worth over 1 thousand dollars (actually, over 6 grand), it means that people still keep on thinking it has a lot of real value and utility. And damn it, it really does as the blockchain technology behind it is real thing, no matter what you personally may think of it.
Ale88
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July 08, 2018, 04:08:15 PM
 #373

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 Buffet probably doesn't even really understand all the technology behind bitcoin, the blockchain and the other cryptocurrencies, he's simply too old but and of course it's cooler to say that something will fail rather than it's a great idea...

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Gummybear67
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July 08, 2018, 05:48:41 PM
 #374

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 Buffet probably doesn't even really understand all the technology behind bitcoin, the blockchain and the other cryptocurrencies, he's simply too old but and of course it's cooler to say that something will fail rather than it's a great idea...
Warren buffet is a great and well-known person but it does not give him the rights to comment to something that he doesn't fully know. How can he say something like that to bitcoin? Did he try to use it? Did you saw the future?
mudasarali43
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July 12, 2018, 09:47:49 AM
 #375

To take the advice of Warren Buffett for any technological investment is like taking advice from a blind man for how should the architecture of a building should be, the only tech company has invested in is apple and that too cause he identifies it as a consumer electronics company rather than a tech company,
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July 12, 2018, 10:12:19 AM
 #376

In this secret currency world, don't believe that any analysis without data can be a rumor.
To have your own investment ideas, you can't be controlled by the market and those whales. ,
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July 12, 2018, 01:08:29 PM
 #377

We should not take this that seriously as like statements of other people, these are just speculation. Warren Buffet truly is a giant investor but he ca'nt, in any way know what can happen with bitcoin in the future.
Hammonds
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July 13, 2018, 01:38:01 AM
 #378

a lot of FUD to create Bitcoin is bad for the wider community but for me anyone who let go Bitcoin I ignore it, including Warren Buffets famous person.

no matter who they are, from what factions, want to be rich or even military members I will ignore those who make FUD against Bitcoin.
Ethannecessary1760
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July 13, 2018, 01:46:01 AM
 #379

I think he probably has a limited grasp of the technology, hence his views.Our personal decision is what matters here. Dont take decisions according to anyones statement.
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July 13, 2018, 02:02:31 AM
Last edit: July 13, 2018, 04:45:47 AM by swiftbits
 #380

I won't believe anyone, nobody owns bitcoin and he can't predict anything so we shouldn't take it seriously, bitcoin is very popular this days so I think he only do it to catch up on the trend about technology.

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