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Johanna
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November 16, 2013, 04:05:21 AM |
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Warran Buffer is already buying Bitcoins secretly, he will announce once he have enough Bitcoins...
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Sindelar1938
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November 16, 2013, 04:20:09 AM |
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No chance
He doesn't get tech by his own admission....
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byronbb
Legendary
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Activity: 1414
Merit: 1000
HODL OR DIE
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November 16, 2013, 05:03:58 AM |
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Warren is basically a Luddite.
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BitcoinAshley
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November 16, 2013, 06:14:56 AM |
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Warren Buffett doesn't invest in anything he doesn't understand. Warren is old, therefore doesn't understand bitcoin. QED. Thread closed  Other points brought up in this thread: - He doesn't invest in shit that ain't got dividends, yo
- He doesn't invest in tech stocks (and I assume this extends to virtual currencies)
- He's old (said that one already, but it's a big one)
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Luckybit
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November 16, 2013, 06:16:55 AM |
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He said Bitcoin is rat poison.
Too old imo.
That was Charlie Munger. Warren Buffet said he was on the fence. Bill Gates said it was a cool technology. |
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mskryxz
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November 16, 2013, 07:30:52 AM |
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didn't you guys learn anything from investing?
you buy on bad news and sell on good news.
buy low, sell high
if you were warren buffet, with a huge amount of cash, wouldn't you WANT to first scare the sheep by stating negative comments so other people will sell? then as the big bad wolf with the money, swoop in and make the buy while its cheap since everyone is scared. then announce later your in, and watch the sheep follow you as you make even more money.
i mean thats how i see it anyways, and these same ppl are so rich they got control over the news media so they can use that to scare sheep without using their words.
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Feneusens
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November 16, 2013, 08:02:17 AM |
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Warren Buffett doesn't invest in anything he doesn't understand. Warren is old, therefore doesn't understand bitcoin. QED. Thread closed Other points brought up in this thread: - He doesn't invest in shit that ain't got dividends, yo
- He doesn't invest in tech stocks (and I assume this extends to virtual currencies)
- He's old (said that one already, but it's a big one)
The fund manager is buying them secretly without letting Warren Buffett know.  |
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AndrewWilliams
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Fourth richest fictional character
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November 16, 2013, 08:23:04 AM |
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Warren Buffet only buys on the lows... he will wait for the price to crash before buying it... if he ever does.
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Its About Sharing
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Antifragile
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November 16, 2013, 08:41:13 AM |
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All of these posts and no one calls out the OP on a misleading title?
OP - nice to want people to check out your thread but your title is totally misleading. Just ask the question and don't make the statement.
Regarding your intended point, Buffet and people like him are a part of the problem. He will buy BTC when he sees the wealth consiscation affecting him.
IAS
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BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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AlgoSwan
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ancap
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November 16, 2013, 08:59:10 AM |
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Warren Buffet only buys on the lows... he will wait for the price to crash before buying it... if he ever does.
April 2013 was a mini-crash. And value investors like W. Buffet always seek this kind of opportunities. The problem is, these opportunities appear once or twice every decade or so. If Buffet not invested yet into BTC, probably he missed the train! In other words, it is too late to invest for him (as you indicated he only buys on the lows). My personal prediction is that Buffet and/or any other big guy already invested BTC secretly. And we'll hear that news once the four-five digits appear on BTC |
Looking to buy a verified betfair account with escrow.
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AndrewWilliams
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November 16, 2013, 09:00:36 AM |
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April 2013 was a mini-crash. And value investors like W. Buffet always seek this kind of opportunities. The problem is, these opportunities appear once or twice every decade or so. If Buffet not invested yet into BTC, probably he missed the train! In other words, it is too late to invest for him (as you indicated he only buys on the lows). My personal prediction is that Buffet and/or any other big guy already invested BTC secretly. And we'll hear that news once the four-five digits appear on BTC
I don't think so. Bitcoin was really below the radar back then... most people had no idea what it was. |
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Its About Sharing
Legendary
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Activity: 1442
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Antifragile
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November 16, 2013, 09:48:18 AM |
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April 2013 was a mini-crash. And value investors like W. Buffet always seek this kind of opportunities. The problem is, these opportunities appear once or twice every decade or so. If Buffet not invested yet into BTC, probably he missed the train! In other words, it is too late to invest for him (as you indicated he only buys on the lows). My personal prediction is that Buffet and/or any other big guy already invested BTC secretly. And we'll hear that news once the four-five digits appear on BTC
I don't think so. Bitcoin was really below the radar back then... most people had no idea what it was.That is pretty crazy to think, but easily verifiable by just bringing it up in conversation. I'm a teacher so get to talk with people and often new people, on a fairly regular basis. I also work at IT companies primarily. Honestly, most people have never heard of it. Some IT guys have and of all of them, none had any. I changed all that At least a few bought a little. I bring up the price every so often. Same answer most of the time - Too expensive. They can't understand a fraction of a BTC at this point is more valuable than buying stocks. Regarding Buffet, like I said, he will buy when he is "forced" to buy. He is a part of an OLD paradigm. He will not break his method without kicking and screaming. At some point in time though, he will probably see it as successful and want in. At the same time, he is probably on the side of those who want it taken down. IAS |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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bitcon
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November 16, 2013, 12:19:47 PM |
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warren buffet went all in o feathercoins because he figured feathers would fall slower than bits.
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AndrewWilliams
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November 16, 2013, 06:36:30 PM |
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That is pretty crazy to think, but easily verifiable by just bringing it up in conversation. I'm a teacher so get to talk with people and often new people, on a fairly regular basis. I also work at IT companies primarily. Honestly, most people have never heard of it. Some IT guys have and of all of them, none had any. I changed all that At least a few bought a little. I bring up the price every so often. Same answer most of the time - Too expensive. They can't understand a fraction of a BTC at this point is more valuable than buying stocks. Regarding Buffet, like I said, he will buy when he is "forced" to buy. He is a part of an OLD paradigm. He will not break his method without kicking and screaming. At some point in time though, he will probably see it as successful and want in. At the same time, he is probably on the side of those who want it taken down. IAS Yup, yup. Buffett is what I like to call a raider. He would wait til Bitcoin is "over the shark" and then buy it real cheap when a crisis hits, or when alt-coins start overtaking its marketshare. |
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DoomDumas
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Bitcoin
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November 16, 2013, 06:45:44 PM |
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haightst
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November 17, 2013, 09:25:55 AM |
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He said Bitcoin is rat poison.
Too old imo.
That was Charlie Munger. Warren Buffet said he was on the fence. Bill Gates said it was a cool technology. bs! ~he said he agreed with them...that link is hard to find. Trust me he could fat finger bitcoin "to the moon" at will!  |
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inbox
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November 17, 2013, 11:50:10 AM |
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He said Bitcoin is rat poison.
Too old imo.
He meant that bitcoin is rat poison to Fiat money. |
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haightst
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November 17, 2013, 12:09:00 PM |
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He said Bitcoin is rat poison.
Too old imo.
He meant that bitcoin is rat poison to Fiat money. no i think he was talking about BATH SALTS! imho ..silk road gone>>we are in the clear! |
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wachtwoord
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November 17, 2013, 01:41:28 PM |
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Warran Buffer is already buying Bitcoins secretly, he will announce once he have enough Bitcoins...
That's how he usually does it yeah. Announce when the position is in place. No chance
He doesn't get tech by his own admission....
No he doesn't buy what he does not understand. Bitcoin is very different from tech companies. I'm not sure whether he understands it (but he does understand IBM apparently). To me, banks are far more complex than tech companies btw. I doubt I'll ever buy bank stock. |
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haightst
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November 17, 2013, 02:51:35 PM |
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Warran Buffer is already buying Bitcoins secretly, he will announce once he have enough Bitcoins...
That's how he usually does it yeah. Announce when the position is in place. No chance
He doesn't get tech by his own admission....
No he doesn't buy what he does not understand. Bitcoin is very different from tech companies. I'm not sure whether he understands it (but he does understand IBM apparently). To me, banks are far more complex than tech companies btw. I doubt I'll ever buy bank stock. ya everyone knows WB gets his bitcoins from free faucets! LOL |
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