Big FUD attack by Warren Buffet, Bill Gates and Charlie Munger

[Ridwan Fauzi]

Many pitfalls when investing in bitcoin, bitcoin enemies are not just a single agency like the government, but those who ruin their business will be crushed by bitcoin slowly in many ways they will give an adverse statement to someone who invests in bitcoin especially for noobs who do not resistant when bitcoin prices hanging up.

Many warren buffet statements that discredited cryptocurrency, he considers bitcoin as a mirage and everyone should stay away from it. The statement strongly suggests that he is afraid that his business has been destroyed by cryptocurrency. I will always believe in the time when everyone will use cryptocurrency and those who pout the cryptocurrency with negative will see with pitiful faces.

[1713521750]

1713521750

[1713521750]

1713521750

[Getcoinsite]

https://www.youtube.com/watch?v=NBVDqAHQ4-M

Looks like Bitcoin is working: The people whose empires depend on Bitcoin not going up, are scared and have to show up national television to trash it.

This is a good indicator to start looking for an entry point if you haven't already. Noobs will get shaken out of the market with fake news like these, and smart money will jump in when the opportunity is right (that's once all the noobs have sold and there's only hodlers).

Remember: Bitcoin IS working. 21 million coins, unhackable, uncensorable, unconfiscable. What anyone says on any TV or website is irrelevant, only these fundamentals matter.

Youre right here mate,this Fud's will make the market shake and will bring down prices for a good investors this is what we've waiting for since bull market is need to happen.i am quite sure that i can add some coins on mine and will have another funds on my folio.

For those weak hands this will bring you another scary moment,but for us this is a blessings

[r32godzilla]

We could understand that Buffett lacks knowledge about new technologies and that's why he is always against bitcoin.But I could not understand that why bil gates too speaks negatively about bitcoin.Persons of such high popularity should think twice before they speakas more investors respect their words.May be bill gates might have some personal interests in influencing bitcoin price negatively.

[brickafterbrickwalldpt]

I'm surprised that there are still people who listen to them. Why Bill Gates became against Bitcoin? A few years ago he was positive about future of cryptocurrencies and now he's trying to blame them for everything what's bad on the world. We should ban cryptocurrencies because you can buy illegal things with them? Oh please, don't be silly. More illegal things are bought with fiats every day. He's insane. What a shame that people listen to those who change their mind often. I wouldn't be surprised if he actually bought the dip.

[kryptqnick]

Munger is a  professional investor in fiat-related projects. No doubt he is just sad he didn't buy btc at the low prices long before and is now simply afraid to lose this precious funds. Bill Gates is right about the fact of bitcoin not having any real product. It's just implying the attitude to btc as to property or some papers, not the means of payment. And besides, there are people who are to be respected hat have quite the opposite opinions. I'm talking about the Winklevoss brothers or George Soros (who was previously against btc, but one of the companies he sponsored showed great interest in cryptos).

[ajochems]

https://www.youtube.com/watch?v=NBVDqAHQ4-M

Looks like Bitcoin is working: The people whose empires depend on Bitcoin not going up, are scared and have to show up national television to trash it.

This is a good indicator to start looking for an entry point if you haven't already. Noobs will get shaken out of the market with fake news like these, and smart money will jump in when the opportunity is right (that's once all the noobs have sold and there's only hodlers).

Remember: Bitcoin IS working. 21 million coins, unhackable, uncensorable, unconfiscable. What anyone says on any TV or website is irrelevant, only these fundamentals matter.

Yes . Don't trust the fake news about the bitcoin in news and website.Some people are spreading fake news about bitcoin,to make the new investor panic.If you get any news about bitcoin and crypto currency,cross verify the details.In a day ,you can get clear the fake news.

[cellard]

Looks like Bitcoin is working: The people whose empires depend on Bitcoin not going up, are scared and have to show up national television to trash it.

I agree that when the world's powerful are talking down about Bitcoin it's a good thing for us.

But you're misappropriating Warren Buffet's, Charlie Munger's, and Bill Gates' relationship to bitcoin. Bitcoin's success could help these guys. There is certainly no business venture of these three that can be threatened by Bitcoin. Buffet and Munger aren't bank owners, they're investment heroes. They serve as the ultimate endorsement of any investment - when they start talking positively about Bitcoin, we'll have entered the final stage of adoption. And Gates', obviously, benefits from technological advancement.

Buffet and Munger are talking poorly about Bitcoin because they want to keep "regular investors" away from the lure of a very risky investment. They don't want people to lose all their money because they're too uneducated to realize what they're doing. That's all. Bitcoin is very risky...it's also the king of the next technological revolution.

Remember: Bitcoin IS working. 21 million coins, unhackable, uncensorable, unconfiscable. What anyone says on any TV or website is irrelevant, only these fundamentals matter.

Yeah man, Bitcoin IS working. The financial news sites were joking about bitcoin a year ago, now they provide daily or weekly updates on it's price moves. That's an incredible shift in respect.

Bitcoin is not just "a technology". You can't isolate Bitcoin as "a technology" without having in mind what it really means and what it does to the status quo. When Bitcoin starts threatening the US as the global unit of value, anyone holding assets that are correlated to the US being the global unit of value will feel threatened, and all of these 3's empires rely on that being the case.

When your entire portfolio is very dependent on the US being the big gangster of the world, you aren't going to like the technology that allows a new predator in town, and that's Bitcoin. At that point you either diversify your portfolio (by owning Bitcoin) or continue stubborn on it being a fraud, a scam, or whatever else. So what I predict is further FUDding and attacks from the fiat empires, since the fundamentals aren't going to change, which is what makes it valuable.

[BillCoin]

What would you expect them to say? to support something that aims to destroy their completely monopoly in some of the economics sections?
Monopoly giant doesn't want something that compeltely chances the power levels, they don't want to chance a thing at all because they want to keep having a control over the economics system.
One of the things that aim bitcoin is that those strong people will never have any obligation to accept bitcoin or support it.

[ss890]

So what do you suggest? We cant just make them learn every bit of the FUD and noobs always fall for it anyway. They cant learn that unless and until they go through it and fall for all the FUD's.

And speaking about these people, I dont think they has got to do anything with the FUD's. What I see up in here is misleading info and they has got no interest in the stuff like that. They just speak what they feel about the crypto currencies and people make it FUD. 

[jaysabi]

https://www.youtube.com/watch?v=NBVDqAHQ4-M

Looks like Bitcoin is working: The people whose empires depend on Bitcoin not going up, are scared and have to show up national television to trash it.

This is a good indicator to start looking for an entry point if you haven't already. Noobs will get shaken out of the market with fake news like these, and smart money will jump in when the opportunity is right (that's once all the noobs have sold and there's only hodlers).

Remember: Bitcoin IS working. 21 million coins, unhackable, uncensorable, unconfiscable. What anyone says on any TV or website is irrelevant, only these fundamentals matter.

Just because you don't agree with something doesn't make it FUD. Buffet's criticisms of Bitcoin are completely warranted. Buffet's problem with Bitcoin is it's not a productive asset. It doesn't produce income or any return, and it's only worth what you can sell it to someone else for, who also will only realize a return when they can sell it again to someone else for an even higher price. That's Buffet's same criticism of gold. Speculative assets don't create value, they only represent the value other people put on it. By comparison, productive assets have inherent value. Also, Bitcoin's price rise will affect Buffet's empire in absolutely zero ways. Berkshire is such a diverse business (of real investments that produce real income, not just a collection of assets that do nothing) that anyone trying to sell the story of Buffet being scared by Bitcoin doesn't understand what actual investing is, or how Buffet became a billionaire. The fact that you're so desperate not to have anyone agree with Buffet further makes the point that you can't make any money with Bitcoin unless there are other people who agree with your idea of what Bitcoin is worth. Lucky people get rich investing in speculative assets. Real investors grow their wealth through the accumulation of productive assets. Don't confuse what you're doing with anything other than wishing upon a star.

[audaciousbeing]

https://www.youtube.com/watch?v=NBVDqAHQ4-M

Looks like Bitcoin is working: The people whose empires depend on Bitcoin not going up, are scared and have to show up national television to trash it.

This is a good indicator to start looking for an entry point if you haven't already. Noobs will get shaken out of the market with fake news like these, and smart money will jump in when the opportunity is right (that's once all the noobs have sold and there's only hodlers).

Remember: Bitcoin IS working. 21 million coins, unhackable, uncensorable, unconfiscable. What anyone says on any TV or website is irrelevant, only these fundamentals matter.

Responding to statements like this is a waste of time because it does not change anything and the attacks will keep on coming. Whether bitcoin continues to blossom or be in doom, they will always have something to say. If price is growing up, they will make comments about how something like that happened in the past and how it eventually ended while during the trying times like this, they talk about how their predictions are coming through. It is then safe to say that they say things for them to always be in the news and nothing else.

However, there is a subject of concern which is "I don't have to believe in a thing to make money out of it" I don't sit behind the TV to watch football but I place my bets on it when the time permits which means all of this comment could mean a way to expand their wealth rather than being threatened by it like Op has alluded.

[yoseph]

So what do you suggest? We cant just make them learn every bit of the FUD and noobs always fall for it anyway. They cant learn that unless and until they go through it and fall for all the FUD's.

And speaking about these people, I dont think they has got to do anything with the FUD's. What I see up in here is misleading info and they has got no interest in the stuff like that. They just speak what they feel about the crypto currencies and people make it FUD. 

If it has to take the newbies falling for all the FUD so that they can eventually learn then we are in for a big deal of trouble because due to their actions of seeking after every FUD, the value of bitcoins will just keep dropping.

[normensky012]

https://www.youtube.com/watch?v=NBVDqAHQ4-M

Looks like Bitcoin is working: The people whose empires depend on Bitcoin not going up, are scared and have to show up national television to trash it.

This is a good indicator to start looking for an entry point if you haven't already. Noobs will get shaken out of the market with fake news like these, and smart money will jump in when the opportunity is right (that's once all the noobs have sold and there's only hodlers).

Remember: Bitcoin IS working. 21 million coins, unhackable, uncensorable, unconfiscable. What anyone says on any TV or website is irrelevant, only these fundamentals matter.

It is because they failed to understand the value of something with scarcity and mass support. If something that has utility and significant importance in peoples daily lives convenience, even if bitcoin doesn't give you dividends, still the value of bitcoin will still be backed by its network trust in it. That is the new age of putting a value, we can now put value in anything digital.

[magneto]

https://www.youtube.com/watch?v=NBVDqAHQ4-M

Looks like Bitcoin is working: The people whose empires depend on Bitcoin not going up, are scared and have to show up national television to trash it.

This is a good indicator to start looking for an entry point if you haven't already. Noobs will get shaken out of the market with fake news like these, and smart money will jump in when the opportunity is right (that's once all the noobs have sold and there's only hodlers).

Remember: Bitcoin IS working. 21 million coins, unhackable, uncensorable, unconfiscable. What anyone says on any TV or website is irrelevant, only these fundamentals matter.

Just like how McAfee is predicting that bitcoin will rise to $1 million within 2-3 years, guaranteed, I'd treat what Gates and Warren Buffett are saying with the same grain of salt. Listen to their points, and make your own judgment.

Charlie Munger has even went to say that trading bitcoins is the same as harvesting baby brains, I mean what the hell?

If Buffett and Gates wants to be bearish on bitcoin, let them be and have their opinion, or spread FUD on the market, w/e. Bitcoin doesn't need their support (although it'll definitely be appreciated) to succeed as a decentralised currency. People have called bitcoin a ponzi in the past, so this is nothing new.

[ironman2014]

I think, secretly those richy guys are investing in everything about cryptocurrency, bitcoin, ethereum, ICOs and etc.

[21millionsbtc]

They all repeatedly attacked bitcoin many times warren buffet bill gates i dont think market will react to such statements even traders are much aware of bitcoin growth and future

[mimienamphine]

Sometimes am tempted to say those guys still belong to the past even though I personally admire the way they have excelled in business and technology.They still have some believes of the 18th and 19th centuries but they should realize that the information age is different from industrial age and should reason as such and stop the old dogma.

[Dimid]

https://www.youtube.com/watch?v=NBVDqAHQ4-M

Looks like Bitcoin is working: The people whose empires depend on Bitcoin not going up, are scared and have to show up national television to trash it.

This is a good indicator to start looking for an entry point if you haven't already. Noobs will get shaken out of the market with fake news like these, and smart money will jump in when the opportunity is right (that's once all the noobs have sold and there's only hodlers).

Remember: Bitcoin IS working. 21 million coins, unhackable, uncensorable, unconfiscable. What anyone says on any TV or website is irrelevant, only these fundamentals matter.

I fully agree with you: if you do not already have bitcoin and other crypto currencies, then in the near future you will get a good chance to buy them at good prices.
The "old whales" are simply raging because their time has passed. In their place came the new Whales, with new technologies. It's time for Old Whales to come to terms and give way.

[zergenyt09]

We could understand that Buffett lacks knowledge about new technologies and that's why he is always against bitcoin.But I could not understand that why bil gates too speaks negatively about bitcoin.Persons of such high popularity should think twice before they speakas more investors respect their words.May be bill gates might have some personal interests in influencing bitcoin price negatively.

Bill was very optimistic in the start about the future of Bitcoin and has had even some money invested in the technology. Buffet is a long term investor and a right guy for investment in Bitcoin in long run but he thinks differently. Anyhow, the Bitcoin network is growing more than fast and the related technologies linked to Bitcoin are also expanding which will make Bitcoin even more easy and profitable to hold and use. So no worries. This is a good sing for us.

[okala]

I do believe that blockchain and cryptocurrencies is the future base on the ways this people are attacking it.  I have been thinking on how one can actually benefits from this market before most of this financial mogu came into it and trying to control it and the only way is for one to invest in it and it future.