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Author Topic: WARREN BUFFET says Bitcoin won't end well  (Read 3769 times)
kenel
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October 04, 2018, 01:45:13 PM
 #601

before it's "won't end well", you can make very good money on it, so even if he's right, it doesn't mean anything
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October 06, 2018, 12:56:08 PM
 #602

perhaps he is trying to find a price to enter, so creates negative news)
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October 06, 2018, 01:19:25 PM
 #603

Mr. Buffet was wrong about Google and Amazon - just as example. He is a great investor and business person, but that doesn't mean he can predict the future. and interesting thing is, most of his investments are in exiting product market, he never invests in anything new.

Also, this CNBC article may help you understand his regrets
https://www.cnbc.com/2017/12/15/warren-buffetts-failures-15-investing-mistakes-he-regrets.html
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October 06, 2018, 01:20:53 PM
 #604

He say this because he dont bought bitcoins otherwise, he would be promote bitcoin
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October 06, 2018, 01:27:38 PM
 #605

If they continue looking at like an investment, it sure will. The questions is, do we truly want to use crypto as a real payment currency?
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October 06, 2018, 01:54:05 PM
 #606

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.

I think in the world  investment you cannot believe someone's words 100% even though he is a warren buffet, because you are a person who has complete control over your money, your profits or losses in the future are the results of your analysis, whatever said warren buffet if your analysis is always the target of eating you will always be profitable, indeed crypto has a very large risk and from what I know warren buffet is an investor who, if we see an average investor prefers low risk investment.
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October 06, 2018, 02:34:23 PM
 #607

Well Warren is perhaps only joking and did not really think through it.
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October 06, 2018, 02:37:36 PM
 #608

I have found a trustworthy project for investment. It is called Hello Gold Foundation. They are heavily vested in blockchain technology and focused on expanding the availability of products that are targeted at helping the underserved and unbanked. By supporting in this project it is possible to support much more startups that will reside grants from HelloGold foundation for their development.
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October 06, 2018, 02:47:39 PM
 #609

It is a foolishness if someone decide the fate of a great invention like bitcoin because words of an one Individual. Warren buffet is a great businessmen in the world without a doubt in this era but I think for him bitcoin is a subject and a concept that haven't understand properly because he may have decided the future of crypto market based on his knowledge about share market and other investment options that he has come across in his journey to success but we know those are entirely different subjects and areas so we should be more confidence about bitcoin  

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October 06, 2018, 05:30:19 PM
 #610



Warren Buttfart




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October 06, 2018, 05:40:23 PM
 #611

Bitcoin can end badly if people no longer use it as a decentralized transaction tool. But if modern society starts to use bitcoin as a means of paying, investing, saving then I think bitcoin will continue to exist and its value will increase.
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October 06, 2018, 05:46:22 PM
 #612

warren buffet is not a technology expert, so he might be saying it wrong.the likes of mark zuckerberg can predict it and we would beleive
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October 06, 2018, 05:49:35 PM
 #613

Recently, Warren Buffett increased his share in the company Apple. Despite the fact that he was previously against investing in technology companies. Soon he will change the view to bitcoin ))

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October 06, 2018, 05:59:56 PM
 #614

this is what i can say then...
bitcoin is getting the engage to everyone
bitcoin is getting well to every county.
why not should we throw the probability of it.
bitcoin will make the fortune for everybody
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