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Author Topic: “Warren: Maybe You’re Wrong About Bitcoin?”  (Read 194 times)
jonemil24
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May 23, 2018, 11:40:57 PM
 #21

I don't think that  he will anytime appreciate Bitcoin or any tech related product just because there is no tangible output and his views are correct for the 20th century but we can not apply the same parameters to the world of 21st century where information is a new money and it is not tangible every time.
He might have been cautious about the dotcom/tech bubble.

It's true that he lost his chance to double or even triple his money with these emerging technologies, but we cannot remove the fact that he's still a billionaire and will eventually die as a billionaire.

i am curious, what are they afraid? To lose their wealth? Life is short, u cant earn all money in the world
Afraid? - NO!, most of these billionaires are just cautious.

it will be no easy to control the global market anymore, anyway, fcuk them,
Are you sure that it's not easy to control the crypto-market? What can you say about those whales and the cartel? Haven't you experienced the volatility of this market, or did you even bother to look the charts on CMC?

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poplolnman
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May 23, 2018, 11:57:04 PM
 #22

i fully understand Warren Buffet's stance against bitcoin and why he is not interested in it, and there is nothing wrong with that. in  fact he is right about his stance because by his definition you should not invest in bitcoin.

but i can never understand his attitude against bitcoin. not seeing the potential of bitcoin is one thing but calling it names such as "rat poison" and talking about its end and how it will be bad is another and that is not acceptable at all.
Reasonable enough indeed especially when he has seen how volatile and even bubble Bitcoin market in the last two years , he is a role model for a lot of people around the world so anything come from his mouth publicly would consumed as a right and must be followed perception , he really better shut up the mouth , just watch Bitcoin growing and make another point of view revised later about Bitcoin.

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May 24, 2018, 03:16:38 AM
 #23

meh, who cares. when Warren Buffet sees these billboards he is going to laugh his ass off because he will know by then that what he did actually worked and he could successfully make people think about what he said and possibly some even believe it.
we are giving these people too much attention in my opinion and that helps them with their agendas. the biggest one last year was the CEO of JPMorgan bank which invested heavily in bitcoin and is now thinking about offering cryptocurrency-related services. and he called bitcoin a "fraud".

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May 24, 2018, 03:30:12 AM
 #24

With so many people supporting bitcoins including Celebes his opinion does sound wrong. He can not take his words back now as it will affect his reputation.
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