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Author Topic: Why is Bill Gate against investing into bitcoin?  (Read 3131 times)
Elqui
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October 29, 2018, 02:08:43 PM
 #201

It’s because henis jealous in bitcoin and he knows that people can earn or gain a lot money with it by mining and other purposes, he needs to understand bitcoins worth in our day today.
tiktak89
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October 29, 2018, 02:12:47 PM
 #202

There will always be people who for one reason or another will be against bitcoin and question its technology. But don't take it seriously. Study crypto currency yourself and think whether you are ready to invest in it. And then no negative opinions will affect you.


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Glutius
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October 29, 2018, 02:18:08 PM
 #203

Even despite the importance of this person for the technological world, it is not necessary to take seriously his skeptical opinion about bitcoin. We can't know all the real reasons why he thinks that. So if you like to invest, feel free to continue to do so.


SnapDown22
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October 29, 2018, 02:18:36 PM
 #204

Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.
in my opinion bill gates oppose the lack of understanding of online investment and bill gates is the inventor before bitcoin is there so it is only natural that the bill gates oppose this kind of existence
rtm125
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October 29, 2018, 02:23:29 PM
 #205

You know, I also think that bill gates may well develop his own similar technology and therefore he artificially creates a negative opinion around bitcoin. Or maybe he really doesn't trust this technology. In any case, investing or not is only your decision.

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iTradeBit
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October 29, 2018, 02:47:17 PM
 #206

"The main feature of cryptocurrency is their anonymity. I do not think this is good. The possibility of the authorities to detect money laundering and tax evasion or the financing of terrorism is good. However, cryptocurrency is currently used to buy fentanyl and other drugs, that is, it is a special technology that almost directly leads to death. I think that the speculative wave around ICO and cryptocurrency is too risky for those who play in the future"  - That's how he responded to Forbes Reddit channel.
I think dislike for Bitcoin arises from mistrust, because one of the world's best ITexperts  represents all the shadow sides that Bitcoin can providevery well.In some ways, he is right, but he is also in agreement with the very technology and the way of using electronic currency is ours future.
Segway
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October 29, 2018, 03:03:49 PM
 #207

It doesn't matter who is against bitcoin. When a lot of people keep showing interest, there will always be a rise in price after every dip. I'm happy Bill Gate couldn't deny the fact that blockchain is a beautiful technology. In good time, the world will understand how extremely important this technology is.

Schmidt Abrams
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October 29, 2018, 03:12:37 PM
 #208

I do not believe this, that a smart person like the bill gate can oppose this great investment opportunity, I need to verify this information before I believe it is true.
serjent05
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October 29, 2018, 03:20:14 PM
 #209

Could be that he is inexperienced yet when it comes to cryptocurrency, lack of knowledge is also another reason, primitivity and closed mindedness. He can’t be blamed, investing in bitcoin and other cryptocurrency doesnt promise anything aside from our own hope and belief. There is no solid, strong and tangible guarantee that investors will benefit. Everyone invests in his own risk and responsibility here.   

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Caladonian
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October 29, 2018, 04:01:19 PM
 #210

Could be that he is inexperienced yet when it comes to cryptocurrency, lack of knowledge is also another reason, primitivity and closed mindedness. He can’t be blamed, investing in bitcoin and other cryptocurrency doesnt promise anything aside from our own hope and belief. There is no solid, strong and tangible guarantee that investors will benefit. Everyone invests in his own risk and responsibility here.   
There's always different sentiments about matters which includes investment, might be possible that he also have some other things in minds where he alone can explain his position, maybe there's some other points that he seen about this market that he doesn't believe or trust, in anyhow people will still
need to believe in things that they've trust and not to relied with someone else opinions or position about any matter considering this person have a big
influence with society.
kwakgyimah
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November 01, 2018, 02:24:12 PM
 #211

When a critical analysis is made on the subject, one would realise that the people who are not investing in bitcoin do not understand the philosophy of bitcoin. I believe Bill Gates and the other rich people are not  investing in bitcoin are actually not against bitcoin but they lack adequate education on the world of cryptocurrencies.
syntac
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November 01, 2018, 02:34:13 PM
 #212

from the action of bill gates, it was very visible, that he wanted to dominate the market as a whole, without any competition from anyone.
messito
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November 01, 2018, 02:37:09 PM
 #213

It seems to me that this is all manipulation and at the next stage of growth he will say that he supports Bitcoin and he personally has several thousand coins

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blackbold
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November 01, 2018, 02:39:01 PM
 #214

the main factor being causes Bill Gates is not investing in bitcoin is the risk of fluctuations in the bitcoin price, and there is no guarantees for the security of bitcoin
tikaka
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November 01, 2018, 02:50:33 PM
 #215

Maybe Bill Gate comments can affect many investors because he is a very wealthy person. I think Bill Gate is worried about the fall of bitcoin in the future. Perhaps Bill Gates is worried about the whales that could cause the market to collapse. But we know that bitcoin will never die, bitcoin is developing very well and it is accepted in many countries. and bitcoin is increasingly attracting many investors in many countries.

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November 01, 2018, 04:09:59 PM
 #216

Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.
Rich people will never tell you the way to get rich and if they see you trying to make something for yourself they are the first to give you negative advice. People like Bill Gates and Warren Buffet are company owners with shares/stocks to sell if they let everyone buy bitcoin who is going to buy their stock? So, what they are doing is another business strategy to blackmail bitcoin since it's a competition to their businesses.

AiBBio
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November 01, 2018, 04:12:58 PM
 #217

He has his own opinion, it is normal!
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November 01, 2018, 04:21:49 PM
 #218

Probably because around Bill Gate had a lot of investment opportunities that gave him more of a return than investing in bitcoins. But I wonder if this information is correct or not, a person with a mind like Bill Gate goes against this great opportunity.
Gary Levanevskii
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November 01, 2018, 11:03:41 PM
Last edit: November 07, 2018, 09:57:37 PM by Gary Levanevskii
 #219

I think he perceives Bitcoin as entertainment. I do not think that it is best for him to keep his capital in dollars. The dollar shows high stability.
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November 02, 2018, 12:21:29 AM
 #220

maybe he have their own point of view about bitcoin, it seems like there are many people that pros with bitcoin and there are many people that cons with bitcoin, they have their own choice to choose it or not

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