lushlifing (OP)
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May 13, 2018, 03:05:44 PM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-could
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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BrewMaster
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There is trouble abrewing
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May 13, 2018, 03:07:15 PM |
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anybody who has been around for a little while knows the horror stories that come from those who short bitcoin...
anyways, this may sound a little strange but i am actually glad that they are saying these things publicly. if we can get some of the newbies who are only in bitcoin for the "investment" part an to "make money" out of it then the result of all this is positive. it is also known as flushing the newbies out.
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There is a FOMO brewing...
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rose9696
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https://streamies.io/
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May 13, 2018, 03:38:04 PM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-could I think he is right about Bitcoin. We are investing blindly, we do not understand the operation or business plan of the altcoin we invest. The current value of bitcoin is considered to be a virtual value, and it can return zero at any time without reason. So investing in the Crypto market is a very risky investment.
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luisowens
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May 15, 2018, 01:21:08 AM |
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Bill gates previously spoke gppd about Bitcoi . Bit when the bitcoin price started falling , he changed his mind. I think a short term investment can never prove to be profitable in the long run.
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kevinfox18
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May 15, 2018, 01:56:43 AM |
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Bill Gates statement is really disappointing for everyone mainly the users of bitcoin technology. His statement was embarrassing for new generation because he is not thinking about this future currency and though he is a part of digital technology he should concern about this technology and Bitcoin will lead the future currency and the price of the bitcoin is so high also profitable. Online technology changes our mind and daily life so btc is important for us because it’s also an online process.
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Tipsters
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May 15, 2018, 02:06:25 AM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldBill gates can never be a millionaire if he doesn't know a thing or two about assets. I agree that we are investing blindly in cryptocurrencies but the point is, some of us are only here in this forum to invest their time and efforts. Nonetheless, we just all want to be rich like Bill Gates but as for now, all we can do is to work for the money. I look bitcoin as a form of job in this forum and honestly speaking, what I am doing is my forte.
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rogerjordan07
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May 15, 2018, 02:11:05 AM |
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As much as I know Bill Gates was crypto friendly earlier and also even looking forward to invest into crypto. I think the recent pricefall bitcoin faced recently has mabe him negative about bitcoin. I think there is nothing to worry on this statement and hopefully this will not have much effect on bitcoin. Besides, I may sound funny but I can see a positive side of this too. I think any publicity is a good publicity. Atleast from his statement more people are cominh to know about bitcoin. So please be positive everyone.
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KrishaBitcoin
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W12 – Blockchain protocol
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May 15, 2018, 02:13:53 AM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldI wonder this will be now against his last year interview which i watched in you tube that he fully supported the Bitcoin by saying nobody can stop Bitcoin then he joined the investments. After watching the video it convinced me to join Bitcoin investments and start earning more than i expected. Then now here is a news that looks like mocking Bitcoin but maybe he has his new reasons or maybe this news will need confirmation if he really is now against Bitcoin.
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Sinecoin
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May 15, 2018, 02:17:58 AM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldEvery is entitled to their own opinion and in this case my opinion is that Bill Gates is wrong. Bitcoin has grown immensely over the past 10 years and i think it will continue to grow over the upcoming years. I think if someone were to short bitcoin in the long term they will end up losing their entire investments.
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rodel caling
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May 15, 2018, 02:29:02 AM |
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As much as I know Bill Gates was crypto friendly earlier and also even looking forward to invest into crypto. I think the recent pricefall bitcoin faced recently has mabe him negative about bitcoin. I think there is nothing to worry on this statement and hopefully this will not have much effect on bitcoin. Besides, I may sound funny but I can see a positive side of this too. I think any publicity is a good publicity. Atleast from his statement more people are cominh to know about bitcoin. So please be positive everyone. i really agree with you mate even if bill gates give an negative statement for bitcoin is not a meaning end of the world for bitcoin as future world currency because everyone have an self opinion about what is the future of bitcoin as currency including whole crypto currency enthusiasm. people still supporting bitcoin as currency and positively about the future of crypto currency become successful in the future are important to achieve the goals expecting for bitcoin because new technology continue to upgrade and bitcoin is part of new technology not possible to fix it all for bitcoin use it as currency without hassle.
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Tapyaks72
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May 15, 2018, 02:42:36 AM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldEvery is entitled to their own opinion and in this case my opinion is that Bill Gates is wrong. Bitcoin has grown immensely over the past 10 years and i think it will continue to grow over the upcoming years. I think if someone were to short bitcoin in the long term they will end up losing their entire investments. Yeah we are entitled of your own opinions but you shouldn't be conclusive enough without room for mistake, if he say that it would just die directly without knowing that bitcoin is almost 10 year's in existence and still growing and in fact lately they planning to adopt black chain technology for their business used.
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pooya87
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May 15, 2018, 02:43:23 AM |
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Bill gates can never be a millionaire if he doesn't know a thing or two about assets. I agree that we are investing blindly in cryptocurrencies
Bill Gates didn't become rich by investing in assets! he became rich from his own company (Microsoft) and how that became big then huge and expanded more and more every day. and we are not investing blindly in cryptocurrencies. some people might but that is their problem. we know there are risks but it is not blind risks like gambling. they are all clear just as the potential is clear.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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Kemarit
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May 15, 2018, 03:10:27 AM |
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Isn't it the Winklevoss Brothers already replied and challenged Bill Gates already? "Dear @BillGates there is an easy way to short bitcoin," Tyler Winklevoss said in a tweet. "You can short #XBT, the @CBOE Bitcoin (USD) Futures contract, and put your money where your mouth is!" https://www.cnbc.com/2018/05/08/tyler-winklevoss-tells-bill-gates-how-to-short-bitcoin.htmlBut will Bill Gates accepts the challenge? I doubt it, as much as we love what he contributed to the society, but this time Bill looks like he really don't know anything about crypto though. So its hard to reason with someone as disoriented as Bill or even Warren Buffett for that matter.
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jrg_214
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May 15, 2018, 03:27:09 AM |
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It's just his opinion ,Yes it can be harsh for us who are expecting highly on this, risking everything, and hoping it can change our future in positive means. But let us see the positive side of what he was saying, he is just keeping us safe from being blinded. Most of us learned the positive result that cryptocurrencies brings us if we invest on it and not minding the bigger risk it can become. Let's just all keep safe, we still do not know what would be the future of cryptocurrencies.
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Shreek
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IDENA.IO - Proof-Of-Person Blockchain
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May 15, 2018, 03:31:19 AM |
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even the person who once served as the richest man in the world, he does not agree with the existence of bitcoin actually, what is going on in bitcoin? on whose side are we now? are we wrong, or right?
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AGD
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Keeper of the Private Key
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May 15, 2018, 03:59:22 AM |
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How he CAN'T short Bitcoin if he has money and the internet?
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Javed zaman
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May 15, 2018, 04:10:54 AM |
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What Bill Gates said would be true because he knows about handling the assets. You cannot say that Bill is wrong, all of us are not investing as we should.
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Pursuer
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Where is my ring of blades...
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May 15, 2018, 04:23:53 AM |
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Isn't it the Winklevoss Brothers already replied and challenged Bill Gates already? "Dear @BillGates there is an easy way to short bitcoin," Tyler Winklevoss said in a tweet. "You can short #XBT, the @CBOE Bitcoin (USD) Futures contract, and put your money where your mouth is!" https://www.cnbc.com/2018/05/08/tyler-winklevoss-tells-bill-gates-how-to-short-bitcoin.htmlBut will Bill Gates accepts the challenge? I doubt it, as much as we love what he contributed to the society, but this time Bill looks like he really don't know anything about crypto though. So its hard to reason with someone as disoriented as Bill or even Warren Buffett for that matter. I feel like this year the number of attacks against bitcoin has increased even more. Bill Gates weren't this negative about bitcoin before. he started it this year actually. before he was praising bitcoin even! so the real question is, what changed? are they trying to overtake the market? create their own altcoin? or buy more bitcoin and make profit from the swings?
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Only Bitcoin
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earnetheasy
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May 15, 2018, 04:51:45 AM |
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Different man can have different perspective regarding one thing and it’s natural. But one should remember that opinion of one man cannot justify everything. When we are seeing the negative comments regarding bitcoin at the same time different companies like venture capital firm and others are investing in the bitcoin. Even in the India the High court has already accepted appeal against the banning of bitcoin in India. So if bitcoin were so bad, such things would not be happened.
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Kethek
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May 15, 2018, 05:14:34 AM |
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is this news true bill gates to bitcoin, he used to say bitcoin can kill people and now he himself to bitcoin is he not afraid of killing bitcoin
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Nerman
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May 15, 2018, 05:22:54 AM |
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At first it seems Bill gates was a true believer with Bitcoin. When you watch his previous interviews regarding Crypto he is positive with it. With the recent interview to be honest I do not know his agenda but it is possible that he would like for the prices to go down so that he could buy more Bitcoin.
Anyway the interview has only minimal impact on the current price. No one will stop the rise of Bitcoin.
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Erlinda Santiago
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May 15, 2018, 05:26:37 AM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldThat would be awesome and bill gates might include bitcoin in his company microsoft
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malbterxic
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May 15, 2018, 11:07:37 AM |
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Bill Gates is certainly a great person and creator of a huge corporation that personifies the beginning of the digital era, but I think any person can be wrong. If you go back 30-40 years ago, it becomes obvious that the works of Bill Gates were also condemned by someone because of their innovativeness.
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farhiamunni
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May 15, 2018, 11:11:10 AM |
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For me Bill Gates is having wrong perceptions about bitcoin. Bitcoin is reaching the whole world for its potential investors, it's features as well as its different advantages. Everyday, the number of investors is increasing because they know how bitcoin has helped them to earn. I hope he will understand the actual value of bitcoin inthe future.
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avikz
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May 15, 2018, 11:19:16 AM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldBill gates is an awesome personality but that doesn't mean what he thinks will be true everytime. I remember, his old friend Mr. Buffet was also present in that show who is a known hater of bitcoin. So I believe it's just peer pressure. But seriously, market has learnt to ignore such comments from conventional old timers. They have lived their life and now it's our time to live ours. Why bother listening to them? Even the crypto market doesn't show any impact to such comments anymore. Simply ignore!
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hoavantathan
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May 15, 2018, 11:22:21 AM |
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oh i read this article but in my country language. i think he's right. we are blind and fool. i'll take my chance on ETH
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AurumService
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May 15, 2018, 11:23:18 AM |
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Bill Gates is certainly a great person and creator of a huge corporation that personifies the beginning of the digital era, but I think any person can be wrong. If you go back 30-40 years ago, it becomes obvious that the works of Bill Gates were also condemned by someone because of their innovativeness.
I agree. I`d like to add that the older person gets the worse he or she takes innovations. If you take a look at Buffet you`d notice that he is strongly against cryptos. But if he was 30-40 years younger he could have been among the pioneers of this industry I guess.
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peter0425
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May 15, 2018, 11:24:00 AM |
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For me Bill Gates is having wrong perceptions about bitcoin. Bitcoin is reaching the whole world for its potential investors, it's features as well as its different advantages. Everyday, the number of investors is increasing because they know how bitcoin has helped them to earn. I hope he will understand the actual value of bitcoin inthe future.
Of course everyone here knows the Bill Gates is very wrong about his perceptions on bitcoin or crypto in general. But what we don't understand is that will Bill Gates suddenly change tune because I remember last year he saying all positive about bitcoin and Blockchain technology. What made his suddenly made a U-turn? He's the one of the richest person if one the richest, do it doesn't make sense for him to comment like that and affect the market negatively. Crypto and Microsoft is not competitor so I'm still at lost as why in the last couple of weeks, he's been in the offensive and attacking at every media opportunity he can get.
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emmanmalaman
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May 15, 2018, 11:28:54 AM |
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Maybe Bill Gates is not anymore concerned of getting richer. You already have $50 billion in your bank account, what more can you ask for? I read that Bill Gates is now turning into a Philanthropist because he wants to help more people around the world. For me, going digital is the only way because without further technological advancements, technologies will become stagnant and may make a downfall. People who'll be more interested in cryptocurrencies in general would be the ages 20 - 40 because they're the young ones. Bill Gates already had his time with Microsoft. It's about time to make others prosper in the tech world.
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zarados
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May 15, 2018, 11:42:19 AM |
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anybody who has been around for a little while knows the horror stories that come from those who short bitcoin...
anyways, this may sound a little strange but i am actually glad that they are saying these things publicly. if we can get some of the newbies who are only in bitcoin for the "investment" part an to "make money" out of it then the result of all this is positive. it is also known as flushing the newbies out.
I agree, but whether this will really affect the newbie who is in the world of cryptocurrency just for investment and make money, even to read news like this, the possibility is very small. I think they cannot be said as a newbie anymore, if they have made the news in the media to be one of the trigger factors in decision making. most newbie only thinks about the profits without observing the risk first.
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-Sinner-
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May 15, 2018, 11:50:11 AM |
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Do you know how many Billions investments has Bill Gates? Why should he says " buy bitcoin " with his net worth? Is like Warren Buffet, do you remember when he said the same thing? Obviously, we should he says the opposite? Meanwhile, microsoft is working on the blockchain, so.. this make us think
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SHIPIT - Send packages. No couriers. Just people. (https://token.shipit.me/?utm_source=bitcointalk&utm_medium=signature)
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Chaki
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May 15, 2018, 11:59:41 AM |
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He knows about business matters so he can say what he know based on his experience, he may hit some of your nerves but it is right, but in Bitcoin if you are a risk taker and you know the basic thing that will happen to you in investing here then you can not call your self a foll but a challenger.
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█▄█▄█ ⚷ ROCATI ⚷ █▄█▄█ First Cryptocurrency Linked to a Tangible Asset: Real Estate Properties https://www.rocati.net/
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solopay669
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May 15, 2018, 12:04:04 PM |
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I think he is right, because this person has at his disposal a lot of money, and no one knows better than him how to earn money and how to operate them!
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squatz1
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Flying Hellfish is a Commie
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May 15, 2018, 02:00:01 PM |
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Honestly unless I see some proof showing that he's trying to actively short bitcoin and is really putting his money where his mouth is, then I'm going to think that he's just doing this to scare some people about bitcoin due to the big name which he has in the financial and investing space. He's just trying to use the mass amount of media coverage that he knows he's going to get when he opens his mouth
I'd like to see this guy put his money where his mouth is, I think the winklevoss twins even told him how to short bitcoin if he was REALLY BEING SERIOUS
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Xester
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May 15, 2018, 02:09:04 PM |
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anybody who has been around for a little while knows the horror stories that come from those who short bitcoin...
anyways, this may sound a little strange but i am actually glad that they are saying these things publicly. if we can get some of the newbies who are only in bitcoin for the "investment" part an to "make money" out of it then the result of all this is positive. it is also known as flushing the newbies out.
It is really flushing the newbies out since they will be afraid to put their money into bitcoins since Bill Gates have planted the seed of fear to them. Bill Gates has 46.1 million followers in twitter so you can imagine that if those numbers read his comments and believe then a huge number of people will no longer invest in bitcoin. But let is just hope there will be no big negative effects on bitcoin economy as a whole.
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leoliln45
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May 15, 2018, 02:28:46 PM |
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very sad statement, rational human being like hind should never give this kinda irrational comment. greater fool really ?? i don't support his comment, thumbs down.
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12tribes
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May 15, 2018, 02:55:35 PM |
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A statement from a prominent figure like Bill Gates may be a tool in the hands of those who wish to subvert and use the Bitcoin currency or cryptocurrency at large for their own use. Don't forget that the Bitcoin is a force that George Soros - the Man who broke the bank of England - is hoping to join. JP Morgan has issued a statement that the Cryptocurrency threat is real and they must accommodate this emerging and revolutionary force.
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freesia_pnp888
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May 15, 2018, 03:05:23 PM |
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dear Bill Gates, we all know you hate Bitcoin, so...
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coinminerdotcom
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May 15, 2018, 03:53:25 PM |
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I feel that these billionaires don't view bitcoin as profitable because they don't want to invest in a mining community. Since that is the most profitable means of a large sum. Given building such a facility is way off of their normal investments, doesn't look like they will be supportable of it.
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Trusted US based Company coinminer.com
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Haunebu
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May 15, 2018, 04:00:21 PM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldBill gates is an awesome personality but that doesn't mean what he thinks will be true everytime. I remember, his old friend Mr. Buffet was also present in that show who is a known hater of bitcoin. So I believe it's just peer pressure. But seriously, market has learnt to ignore such comments from conventional old timers. They have lived their life and now it's our time to live ours. Why bother listening to them? Even the crypto market doesn't show any impact to such comments anymore. Simply ignore! I agree with you completely. Bill Gates and Warren Buffet are easily two of the smartest people that I have observed, but that does not imply that they are perfect in any manner whatsoever. They hate the cryptocurrency market and issue negative comments about Bitcoin which is completely their opinion and I respect it since we cannot force anyone to say good stuff about Bitcoin. If the world governments cannot stop Bitcoin and the cryptocurrency market, I doubt 2 old guys can do something in this aspect. No need to bad mouth them for expressing their opinions people.
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jpespa
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May 15, 2018, 04:17:16 PM |
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The only people who would get affected by this are probably the newcomers since most of them only join because they just heard "earn money easy thru bitcoin" but involving in bitcoin is not that shallow. Knowing nothing while investing will only lead you to loss.
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Phlaser
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May 15, 2018, 04:24:13 PM |
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He's only been diplomatic. Guess what! Most of those condemning Bitcoin now just want to float their own digital notes. Their true intention will be thrown open soon. Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-could
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croptodic
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May 15, 2018, 04:26:44 PM |
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Actually I am not fully agreed with Mr. Bill. Some points are logical but all. Once we have seen his positive views over bitcoin. But I believe he will again understand the value of bitcoin as well as crypto market.
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Denker
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May 15, 2018, 04:26:47 PM |
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Maybe he was already short. And maybe he was just bashing it because he wanted another low entry price to buy even more. I wouldn't be surprised if that is the case. So he made a Jamie Dimon. And if he really is against Bitcoin, well I'm fine with that too. He is not of any importance anymore. He made his fortune a long time ago and is mostly relaxing on an island, slurping some cocktails and so on. Meanwhile Microsoft is making a presentation at Consensus of of it's decentralized identities system for which it is speculated they are using the Bitcoin Blockchain and layer 2 protocols like the Lightning Network. https://twitter.com/csuwildcat/status/995796810827517952
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DBronze98
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May 15, 2018, 05:09:41 PM |
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This is my own opinion about Bitcoin, I think differently from the comments made. Bitcoin is not an asset, it's like a form of investment and Bitcoin is like a stock, it's just a stock worth, and it helps you make a profit from buying and selling shares.
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cellard
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May 15, 2018, 05:14:43 PM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldBill gates is an awesome personality but that doesn't mean what he thinks will be true everytime. I remember, his old friend Mr. Buffet was also present in that show who is a known hater of bitcoin. So I believe it's just peer pressure. But seriously, market has learnt to ignore such comments from conventional old timers. They have lived their life and now it's our time to live ours. Why bother listening to them? Even the crypto market doesn't show any impact to such comments anymore. Simply ignore! I agree with you completely. Bill Gates and Warren Buffet are easily two of the smartest people that I have observed, but that does not imply that they are perfect in any manner whatsoever. They hate the cryptocurrency market and issue negative comments about Bitcoin which is completely their opinion and I respect it since we cannot force anyone to say good stuff about Bitcoin. If the world governments cannot stop Bitcoin and the cryptocurrency market, I doubt 2 old guys can do something in this aspect. No need to bad mouth them for expressing their opinions people. People don't seem to understand that these 3 guys empires depend on the US dollar hegemony, if the US dollar loses the current status it has, their portfolios would feel it negatively, and Bitcoin will dethrone the US dollar hegemony. Therefore they can either: 1) Fight this fact via FUD 2) Hold Bitcoin on their portfolios Im sure they will eventually start going towards 2) (if they are smart) but they want to shake all the idiots out of the market first so they can buy cheaper. At least Bill Gates should understand this, the other 2 guys are simply too old and irrelevant in the new world, they will be dead soon anyway.
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GeorgiyBilyk
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May 15, 2018, 05:51:44 PM |
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I agree with the guys! he does not understand what he is talking about, of course now very serious competitors are beginning to appear, who will be able to put his business in a dozen years! moreover, we should not forget that this company is almost under the control of special services!))) Soros, too, in the early year spoke, that this is a big bubble! and now he has created a separate Fund for investing in the crypto world! I am sure that every day there are fewer and fewer people who do not believe in the great future of the crypto world!
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BingoDog
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May 15, 2018, 05:59:38 PM |
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I understand that Bill Gates represents the ičim for many people and he has achieved a lot but that still doesn’t mean that he is the expert for Bitcoin and other cryptocurrencies. Many are very disappointed with his attitude towards bitcoin but don’t take it so seriously. We can respect that opinion but don’t have to embrace it. And no matter how influences he is that doesn’t need to harm bitcoin.
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malaj
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jonalva
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May 15, 2018, 06:11:07 PM |
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Bitcoin is a digital currency and it can go up and down but I think Bill Gates shouldn’t comment like this. And I think people who are investing in bitcoin are wise enough to understand what they are doing and where they are investing.
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zinson01
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May 16, 2018, 01:02:21 PM |
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Bill Gates always talks against bitcoin and he feels that investing on bitcoin is risky but i dont think so. Because now people are investing in bitcoin and earn lots of profit. Why this happened i dont know.
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Dod Ong
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May 17, 2018, 11:55:40 AM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-couldBill Gates talks always that he is against in bitcoin, I don't think why Bill Gates are against in bitcoin. My friend told me that Bill Gates is investing in bitcoin but he think that it is risky. Many bitcoin users or people are investing now here in bitcoin, Many people earn a lot of profit. My opinion is when Bill Gates supports bitcoin, I think the whole world become prosperous.
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Olivia S
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June 13, 2018, 08:14:29 AM |
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Everyone wants to get rich and investing blindly. A lot of people do not understand the operation or business plan of the crypto or tokens they invest in. All in all it can leave you with zero.
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tanjilrifat
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June 18, 2018, 02:25:30 PM |
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He is just keeping us safe from being blinded. Many are very disappointed with his attitude towards bitcoin but don’t take it so seriously.
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ExhibitGap25
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August 04, 2018, 12:08:54 PM |
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This is good indeed. I want him stay out of it.
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Flor1982
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August 04, 2018, 12:24:48 PM |
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As much as I know Bill Gates was crypto friendly earlier and also even looking forward to invest into crypto. I think the recent pricefall bitcoin faced recently has mabe him negative about bitcoin. I think there is nothing to worry on this statement and hopefully this will not have much effect on bitcoin. Besides, I may sound funny but I can see a positive side of this too. I think any publicity is a good publicity. Atleast from his statement more people are cominh to know about bitcoin. So please be positive everyone. He is the one i adore that i was encouraged to join Bitcoin investment as he said before that no one can stop Bitcoin during an interview because it is good as an alternative investments for him. Now i wonder why he is now against Bitcoin after he support it before? Maybe he lose big during last ultimate corrections in which from $19,800 it falls to $9,000 and that is why he dislike it now.
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papashark
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August 04, 2018, 12:34:41 PM |
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Dont believe this scumbag crypto basher. All of them including Warren Buffets and Jaime Dimon are market influencers. Dont believe in their lies as they have a huge money to buy the crypto at the bottom. Expect BTC to crash in $3k, then these guys will simply buy their shares.
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carlisle1
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August 04, 2018, 12:35:57 PM |
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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said. read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-could I think he is right about Bitcoin. We are investing blindly, we do not understand the operation or business plan of the altcoin we invest. The current value of bitcoin is considered to be a virtual value, and it can return zero at any time without reason. So investing in the Crypto market is a very risky investment. You are a noob too if you're investing blindly and without understanding,yeah bitcoin is volatile and fluctuating but this doesnt meant we know nothing about investing. And besides this problem only applies to those who wanted to gain quilckly those people that has been told by friend that bitcoin is a money flows,that if you invest here you will gain instantly
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