Bed news of Bitcoin

[NavI_027]

There's nothing new . Warren Buffet bash bitcoin again. I wonder why is he (even the other critics) doing this opposition against bitcoin. is he getting benefited by doing these things? Because if he hates it then he can only keep it to himself right? 

Much better for us to avoid getting annoyed in this kind of news is just ignore it and move on. Do not let any bad vibes come into us. It's true that FUDs affect the market but these are not enough to pull down bitcoin, btc will continue to rise sooner or later.

[mdripon]

It isn't lucky fans of bitcoin.
Now the bitcoin was attacked" by Warren Buffett, and the price has again spread down...

It is a lot of epithets. Not mine, Buffett.)))

Giving yesterday, 07.05.18, CNBC interview, it has told that buyers of bitkon whom he has characterized as "rat poison in a square" look forward who will pay more for their "anything-worthless-artificial-gold"...
The mysticism around bitcoin generates the unhealthy interest and not reasonable rise of the price, and there is the next soap bubble, such as, tulip fever in Holland in the 17th century.
"When you don't understand an essence, the mysticism bewitches and excites. People like to speculate and gamble."

And Charlie Munger his old partner and the vice-head of board of his Berkshire company has compared a race behind bitcoin to biting definition of Oscar Wilde of "hunting for foxes", or "Silent hunters pursue that are inedible"....


What your thinks?

Bitcoin is a coin. The effect of bitcoin have widely  in the currency market. There are some investors who try to say the future and spread rumors. Bitcoin is now passing bad times, so bitcoin is not death. I think Bitcoin will soon return to good position. So there is nothing bad about bitcoin.

[Turkish88]

that would not be, but price of bitcoin goes down.
Maybe buffet here is not involved and want some hype

[_noname_]

It's nothing to stress over this stage any longer. step by step Bitcoin is turning into a gainful and prominent money around the globe so don't give careful consideration to this stage. I think individuals are getting apprehensive of this framework due to the recently developed and decentralized framework. however, they need to consider the future pattern that is the reason we need to proceed onward this stage to an ever increasing extent.

[Crown1]

First, buffett doesn't have an impact on the market.
So I don't think that's the main reason for the decline.

[Whibu]

I think of always looking for profits on occasion, even though bitcoin is a bubble but it's a great opportunity for us to buy and sell in it, and I like it all.

[ngacengan]

I think this is some of the bad news cases that attack the world of cryptocurrency which is particularly bitcoin, many of which provide information and bad news to make the price of bitcoin to collapse, hopefully the price can collapse because it can be used to buy bitcoin again.

[Kolly]

It isn't lucky fans of bitcoin.
Now the bitcoin was attacked" by Warren Buffett, and the price has again spread down...

It is a lot of epithets. Not mine, Buffett.)))

Giving yesterday, 07.05.18, CNBC interview, it has told that buyers of bitkon whom he has characterized as "rat poison in a square" look forward who will pay more for their "anything-worthless-artificial-gold"...
The mysticism around bitcoin generates the unhealthy interest and not reasonable rise of the price, and there is the next soap bubble, such as, tulip fever in Holland in the 17th century.
"When you don't understand an essence, the mysticism bewitches and excites. People like to speculate and gamble."

And Charlie Munger his old partner and the vice-head of board of his Berkshire company has compared a race behind bitcoin to biting definition of Oscar Wilde of "hunting for foxes", or "Silent hunters pursue that are inedible"....


What your thinks?

I dont think that the current drop was caused by the attack of Buffett to bitcoin and i also dont think that a non believer in bitcoin can really affect the prices of bitcoin. Just a coincidence i say.

[audaciousbeing]

It isn't lucky fans of bitcoin.
Now the bitcoin was attacked" by Warren Buffett, and the price has again spread down...

It is a lot of epithets. Not mine, Buffett.)))

Giving yesterday, 07.05.18, CNBC interview, it has told that buyers of bitkon whom he has characterized as "rat poison in a square" look forward who will pay more for their "anything-worthless-artificial-gold"...
The mysticism around bitcoin generates the unhealthy interest and not reasonable rise of the price, and there is the next soap bubble, such as, tulip fever in Holland in the 17th century.
"When you don't understand an essence, the mysticism bewitches and excites. People like to speculate and gamble."

And Charlie Munger his old partner and the vice-head of board of his Berkshire company has compared a race behind bitcoin to biting definition of Oscar Wilde of "hunting for foxes", or "Silent hunters pursue that are inedible"....


What your thinks?

What we think does not matter really, because those whose opinion mattered in the determination of the price of bitcoin have given it and the effect is what we are left to discuss around it then console ourselves nonetheless. I am really not perturbed and think Warren is only having his day on bitcoin price at the moment which won't last forever. Just like during the tikes when any news from China (whether rumours or grapevine) it cause serious damage which would take weeks if not months to recover down to days then hours for reaction so also this comments would be in the near future. What needed to be done is we ensure we survived till that time.

[jiangsuren]

This not a logical review i think.Because not only CNBC news i see there are more article continuously reporting about Bitcoin price reducing that means price will dumped? never, even BTC price now stand good stable position but price 20,000$ will be increased after August i think.So i don't care and not believe those all prediction.

[francedeni]

First, buffett doesn't have an impact on the market.
So I don't think that's the main reason for the decline.

There's a lot of factors affecting price decline, but now price is still $9k so there is still a chance to increase. So depends on you if believing on this bad news makes you comfortable to stay up with btc. Let's not stop from this news bitcoin has a lot to offer and surprises.

[Kakmakr]

When people like Warren Buffett and Bill Gates and those guys make these statements, then you know that they or their friends are shorting Bitcoin. They know these types of comments will hurt the price and that would be beneficial for the "friends" that are shorting Bitcoin. <Like Jamie Dimon and his daughter - He smack talk Bitcoin and his daughter is buying all the cheap coins in the fallout.>  

I am not worried about these guys, because most of them beg, borrowed and stole their way to the top. They could care less about the people they are stepping on, just as long as they remain the richest MOFOs in town.  

[ALI AKBAR]

There is nothing to worry about this platform. I do not think it's a bad news. Bitcoin is the most popular cryptocurrency and profitable business. It has bad news for its current price. In fact it is such a price increases again. So there is no reason to be worried. It will pump out soon. I think people are afraid of this system because of the new system and decentralized system.

[Nerman]

Warren Buffet is one of the most successful investors, and he is a conventional investor. What I know from reading and watching him is he do not like to do risky investments. He only invest on companies that will be a stable price. Now by that said Mr. Buffet is not a fan of Bitcoin because of being a risky investment. He believes that Bitcoin is a bubble and Bitcoin will crash. The problem is he does not know anything about the block chain technology. He miss what block chain can do for us.

[GangNamSK]

Warren Buffet is one of the most successful investors, and he is a conventional investor. What I know from reading and watching him is he do not like to do risky investments. He only invest on companies that will be a stable price. Now by that said Mr. Buffet is not a fan of Bitcoin because of being a risky investment. He believes that Bitcoin is a bubble and Bitcoin will crash. The problem is he does not know anything about the block chain technology. He miss what block chain can do for us.

Warren Buffet seems to be too old to comment on a potentially huge market like bitcoin and cryptocurrency. I have also seen very bad reviews of the future of cryptocurrency from celebrities but now the market is still growing strongly over time. So have a look at your own investment in this market.

[PINAGPALA]

 Buffet was good in his time and i dont know if he can do that is so old to that. but i dont think think so that this is a bad news

[Jating]

No, as much as you think that they are affecting the market, they are not. And if they are not affecting the price, its gonna be short-lived my friend. How many times did Warren Buffett attack bitcoin? Many. And yet, people still purchased bitcoin, meaning those old traditional farts statement doesn't bring any weight in our economy long term.

But its really funny though hearing them, specially the timing of their statement, So you need to question their motives. Are they trying to manipulate the price again in order to purchase more bitcoin at a cheap price? Well, your guess is as good as mind.

[Baofeng]

Maybe this old man know nothing about the future of cryptocurrencies and have no idea how this thing will change the world specially bitcoins he should focus in his old traditional businesses and investments rather than criticizing the future of bitcoin which is a decentralised one compared to his investments  we all know he is one of the richest person in the world and I think one of the manipulators in the market.  

Obviously, there really don't know anything about crypto is because they are traditional stock investors. So it makes sense that they will create chaos on something they fear. I'm sure that they are intelligent person and they are afraid of anything crypto related that might destroys all their holding on their own company. Maybe they are afraid that stocks investors would shift to crypto, making their stocks suffers and lose its value and their fat wallet shrinking. But I will not listen to them because I believed that they are clearly spreading FUD here.

[Jimbo Abu]

This is really a bad news, but I don't care. If the bitcoin dump, well that is obviously normal. Right?
I think they are the people who hate the technology, so they said negative things in btc. And I think this is not a bad news, this is FUD news, 

[Baimovic]

and this is what makes bitcoin back down again, I think buffet is not a good investor, if he does not like bitcoin currency, he should not talk much and does not spread FUD. silence is better for him.

he is a strange person, even he also has an investment in other altcoins.

so we better not take his opinion and also hide this bad information.
because if this news is spread, it will make people panic.