Bitcoin Forum
September 20, 2018, 11:51:45 AM *
News: ♦♦ Bitcoin Core users must update to 0.16.3 [Torrent]. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [07-04-2018] Cryptocurrency will come to Bad Endings, Says Warren Buffet  (Read 35 times)
bitzamp.com
Jr. Member
*
Offline Offline

Activity: 140
Merit: 1


View Profile
May 07, 2018, 11:47:38 AM
 #1

At the annual meeting of his company on Saturday, the 5th of May, Warren Buffet, the billionaire investor and Berkshire Hathaway’s Chairman and CEO reiterated his negative stance towards cryptocurrencies. According to CNBC, Buffet repeated his idea that cryptocurrencies will come to a ‘bad ending’, and claimed that Bitcoin BTC is probably rat poison squared.

Read More: https://news.bitzamp.com/cryptocurrencies-will-come-to-bad-endings-says-warren-buffet/
1537444305
Hero Member
*
Offline Offline

Posts: 1537444305

View Profile Personal Message (Offline)

Ignore
1537444305
Reply with quote  #2

1537444305
Report to moderator
1537444305
Hero Member
*
Offline Offline

Posts: 1537444305

View Profile Personal Message (Offline)

Ignore
1537444305
Reply with quote  #2

1537444305
Report to moderator
No Gods or Kings. Only Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
InvoKing
Legendary
*
Offline Offline

Activity: 1162
Merit: 1052


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 08, 2018, 02:40:39 PM
 #2

At the annual meeting of his company on Saturday, the 5th of May, Warren Buffet, the billionaire investor and Berkshire Hathaway’s Chairman and CEO reiterated his negative stance towards cryptocurrencies. According to CNBC, Buffet repeated his idea that cryptocurrencies will come to a ‘bad ending’, and claimed that Bitcoin BTC is probably rat poison squared.

Read More: https://news.bitzamp.com/cryptocurrencies-will-come-to-bad-endings-says-warren-buffet/
Fix the month in the title and better to follow the form used by everyone "2018-05-07"

Code:
trading in cryptocurrencies is ‘just dementia’.
Yeah, dementia they said, people become millionnaires from it...haters gonna hate.



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
BennyK
Member
**
Offline Offline

Activity: 252
Merit: 12


View Profile WWW
May 08, 2018, 03:07:15 PM
 #3

At the annual meeting of his company on Saturday, the 5th of May, Warren Buffet, the billionaire investor and Berkshire Hathaway’s Chairman and CEO reiterated his negative stance towards cryptocurrencies. According to CNBC, Buffet repeated his idea that cryptocurrencies will come to a ‘bad ending’, and claimed that Bitcoin BTC is probably rat poison squared.

Read More: https://news.bitzamp.com/cryptocurrencies-will-come-to-bad-endings-says-warren-buffet/
People like Buffet are just following the trend of fake news all around and making predictions to suit their wits. Perhaps, it was all a planned game with Bill Gates to spread FUD in people and see if their followers will make such movements against Bitcoin and cryptocurrency in general. There is no need to panic on issues like this, as far as we still believe in bitcoin, the future is bright.

STEALTHCRYPTO        ═════•    QUANTUM MEST NETWORK   •═════  STEALTHCRYPTO
███ Quantum Secure Cryptography for data protection  ███
Telegram | Reddit | Medium | Twitter | Google plus | Facebook
Kemarit
Legendary
*
Offline Offline

Activity: 1022
Merit: 1077


View Profile
May 08, 2018, 03:39:39 PM
 #4

Hmm. I'm just wondering why are this 2 old farts attacking bitcoin lately? What do they have to gain spreading FUD now? When we are about to make a break out, another FUD comes along, and I was surprised by the timing of the interview by CNBC, I guess this media outlet are against crypto, because its looks like they have spin something out of context interviewing this 2 billionaires and they have like putting words into the mouth of Warren B. and Bill Gates. Are they really afraid that stock or even gold investors are moving to crypto now?

DooMAD
Legendary
*
Offline Offline

Activity: 1736
Merit: 1145


Leave no FUD unchallenged


View Profile WWW
May 08, 2018, 05:30:11 PM
 #5

Berkshire Hathaway will come to Bad Endings, Says Cryptocurrency Community.

The "rat poison" is the repackaged debt obligations that permeate the derivatives market Buffett operates in.  Even if Berkshire Hathaway have a tendency to be quite selective of the assets they trade in, it won't help them when the entire market collapses.  They've built their nest atop a precipice and one day they're either going to fall in, or the winds of change will give them a push.

However, in the spirit of balance, it's true that many cryptocurrencies will likely come to a bad ending because they are nothing more than the purely speculative assets Buffett believes them all to be.  Those are about as worthless as the derivatives market.  But the cryptocurrencies that have substance will outlast both.

Luminous-Nova
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
May 08, 2018, 08:26:33 PM
 #6

i think he is not a fare judge in this bussines, anyway you should never forget this title and you should read it 5years laters then complane his words!
Karartma1
Legendary
*
Offline Offline

Activity: 1652
Merit: 1063


Be Revolutionary Or Die Trying


View Profile WWW
May 08, 2018, 08:35:35 PM
 #7

Berkshire Hathaway will come to Bad Endings, Says Cryptocurrency Community.

Well said! He's mostly afraid that the only asset that could go parabolic and overtake BRK.A evaluation is Bitcoin! Imagine the day Bitcoin will trade at those levels. That's going to be a priceless event

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!