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ladydark
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May 12, 2018, 10:17:21 AM |
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To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?
Just simple,warren only has good knowledge about traditional companies and he lacks knowledge about new technologies.So bitcoin being a new technology,he just wishes to stay away from it and continue investing in traditional companies. |
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ambisyon
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May 12, 2018, 10:37:17 AM |
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To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?
Just simple,warren only has good knowledge about traditional companies and he lacks knowledge about new technologies.So bitcoin being a new technology,he just wishes to stay away from it and continue investing in traditional companies. Warren Buffet does not believe that buying bitcoin is not an investment, unlike buying stocks, bonds and real estate where he is use to. According to his statement, buying an investment should be worth something to it's own. He believes that the value of bitcoin comes from what people are willing to pay where bitcoin only increase it''s value when being bought and sold. |
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MasterNodes.Cash
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May 12, 2018, 11:12:43 AM |
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We can never know what goes on behind the closed doors. Warren is a very smart investor...maybe he is deliberately creating and spreading FUD so he can stock up on btc before publicly announcing that he started investing in crypto. If Warren Buffet announces his involvement in crypto, the whole crypto market is headed for Mars...and other big investors will follow his path.
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anatolykarpov
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May 12, 2018, 11:14:02 AM |
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How do you know he didn't ?  I'm pretty sure he has investments in Crypto. Same goes with Bill Gates. The more they FUD, the more they buy I suppose.  |
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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May 12, 2018, 11:18:51 AM |
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Do you really think he hasn't invested on bitcoin or any other crypto currencies? No investment on bitcoin but still showing a lot of interest (negatively) on it sounds fishy right? Most people believe that he have invested tons of money on bitcoin and is using his popularity to manipulate the market to benefit himself.
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QuestionAuthority
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You lead and I'll watch you walk away.
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May 12, 2018, 11:36:33 AM |
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How people see Warren Buffett:  What he really is:  |
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Coin-1
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May 12, 2018, 12:08:51 PM |
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What he really is:
LOL 
I think that the large investors wish to predict the price of Bitcoin or other crypto currency, because they want to buy the deep and get a profit. If he can make money using a traditional way which is a stock markets or other financial instruments, he doesn't want even touch a new modern technologies. But some old billionaires start to recognize a potential of crypto currencies in the long run, and now they pay attention to investing in the crypto exchange markets. |
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Dark_raven007
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May 12, 2018, 12:24:37 PM |
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Everyone does what he wants. So he has enough and he does not bother. Although who knows, Maybe he knows more than we do.
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Juggy777
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May 12, 2018, 12:27:33 PM |
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To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?
Warren is old my friend and he has resistance thoughts all around him, he refuses to see the truth and who knows he may be doing this to drop the prices and buy it now and sell it at a later stage. Look he's seeing bitcoins with the glasses of bubble crash and that's why he's unable to see the potential, I wish he could heal so he could also invest and get more rich lol. |
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gabmen
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May 12, 2018, 02:53:59 PM |
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To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?
Warren is old my friend and he has resistance thoughts all around him, he refuses to see the truth and who knows he may be doing this to drop the prices and buy it now and sell it at a later stage. Look he's seeing bitcoins with the glasses of bubble crash and that's why he's unable to see the potential, I wish he could heal so he could also invest and get more rich lol. Well who knows if he really didn't invest in bitcoin. He could very well be speeing out negative statements and getting btcs at the same time. Much like jamie dimon lol. You can't really take what these old guys say seriously right? |
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lisasteca
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May 12, 2018, 03:15:52 PM |
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It is estimated that Berkshire, the company of W. Buffett, has a portfolio of 170 billion dollars. In my opinion he already has a portfolio in cryptocurrencies and is already experimenting with the market. Then since he is an old hand he does not say it around.
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TheGreatUnknown
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May 12, 2018, 04:50:56 PM |
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I admire warren buffet a lot, he's my inspiration specially in stock market strategy and investing the reason why warren buffet didn't invest in bitcoin is Because he didn't believe in Bitcoin and he believe that some day it will fail, he didn't give a statement about how and when it is going to happen but he said that bitcoin will have a bad ending.
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evanstinger
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May 12, 2018, 05:17:41 PM |
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Old people are conservative because they are used to their old thoughts too long. ...
In his 20's, Warren Buffett's salary was $12,000, but his net worth exceeded $140,000 by 26 and $1 million by age 30. Keep in mind that someone with $1 million was quite wealthy back before the decades of inflation at the end of the century. https://www.gobankingrates.com/net-worth/rich-warren-buffett-age/Older people are more conservative because they have more to lose, and also because they aren't as stupid as younger people. Anyway, Buffet invests only in things that he understands well. That should be lesson one for any newbie investor. If you don't understand what you are investing in, you are just gambling. I could never get tired of this advice. "If you don't understand what you are investing in, you are just gambling." This why i don't even speculate in any alts that i don't understand well enough. It took me months to understand what is Blockchain, BTC, ETH and the environments. Wise people once said, knowledges are powers. |
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magneto
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May 13, 2018, 10:03:48 AM |
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To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?
Nope. I'm not surprised at all, to be honest. In the past, he has basically said the same thing when it came to precious metals. With bitcoin being very close to precious metals when it comes to its properties as money/asset/store of value, his opinion obviously doesn't differ much. It seems like that either Buffett is actually shorting bitcoin actively, or that he genuinely believes that bitcoin is not an investment simply because of the fact that it doesn't give you interest, or dividends. I don't think that he realises how BTC can essentially have the potential (i'm not saying it will one hundred percent, however) to become the backbone of the entire world's economy, as the whole world's reserve currency, tbh. |
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bitfocus
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May 13, 2018, 10:35:29 AM |
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maybe he invested billion in Bitcoin and just now want to influence the market to go more dip and buy more in low - how is this as a possibility?
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Lizzardis
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May 13, 2018, 10:36:25 AM |
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He's just an old fart, but most probably he's helping somebody buy for the low, trying to drop the price down with such groundless assertments.
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rachelia13
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May 13, 2018, 12:04:40 PM |
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I think it's okay if he does not want to invest in bitcoin. He does not understand Bitcoin and other blockchain-based digital assets so decided not to invest in something unknown because an investor needs to know and understand the assets that will be invested by them in order to avoid lose because the investment value of an investor like Warren Buffet certainly not small. This is a weakness of Buffett because he loss the opportunity to get big profits. Hopefully someday he does not regret this.
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blargh222
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May 13, 2018, 12:27:03 PM |
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warren buffet doesnt like btc because it messes with his business. he has an investments company and btc goes against that business
the bigger btc gets the smaller he gets.
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tegarp90
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May 13, 2018, 01:03:45 PM |
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To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?
Since old times, warren buffet's statement is always negative about bitcoin. He also one of the enemy of bitcoin, because when he announced bad news about bitcoin. Market will do a correction. |
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teddyppap
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May 13, 2018, 01:13:58 PM |
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To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?
Warren Buffett has declared Bitcoin worthless, Unlike stocks, bonds or real estate, buying Bitcoin is not an investment. So, he thought biticoin was not the investment it was one of. The reason he did not invest in bitcoin |
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