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Author Topic: Why is Bill Gate against investing into bitcoin?  (Read 3130 times)
pant-79
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December 11, 2018, 07:17:55 PM
 #281

Bill Gates from the quote used in the article made it clear that he doesn't invest in crypto currencies, as they are very speculative.
I also assume that he, as one of the founders and former major shareholders of the Microsoft campaign, is more interested in maintaining the stock market than the cryptocurrency market. And if he starts to declare that he has started investing in cryptocurrency, then this can significantly influence the decision of people to buy cryptocurrency.
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December 11, 2018, 07:24:38 PM
 #282

Well i think that this cryptocurrency market is already very unstable so from a different point of view is good not to invest in Bitcoin because it's very risky and you can lose a good amount of money.

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smartbitcoininvestor
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December 12, 2018, 05:52:33 AM
 #283

Bill Gates knows Bitcoin is technologically safe and that the Blockchain is a sound way to protect data and make it immutable.
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December 12, 2018, 09:10:55 AM
 #284

They are not just any individual they great businessman who have the best knowledge almost about everything that may be worth investing to them. And because of this idea, It might be that they have really studied bitcoin before saying anything about it whether if it is good or not. If he thinks he cannot earn as much compared to his business then it is possible that he would never participate on it. And also if Bill Gates have not participated in cryptocurrency investments, then maybe he didn't even need to invest at all because he was really rich as of now.

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December 12, 2018, 09:46:28 AM
 #285

That is one of the opinions of someone there will always be people who for one reason or another will fight bitcoin and question the technology.
All depends on our beliefs and stability in stepping. Learn the crypto currency yourself and think about whether you are ready to invest in it.
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December 12, 2018, 09:55:24 AM
 #286

We know that ICO is a risky thing. Many people invest in ICO, but not everyone can see the face of profit because most ICOs do not reach their target and they are forced to scam. Again many projects do not get the price because the funds are not reached .

So maybe the bill gets not supported to invest in ICO.
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December 12, 2018, 11:16:50 AM
 #287

 Bitcoin and other crypto currencies are "kind of a pure 'greater fool theory' type of investment," Microsoft co-founder Bill Gates said Monday on CNBC's "Squawk Box."
    "I agree I would short it if there was an easy way to do it," he said.
    Gates added someone once gave him some bitcoin for his birthday, but he sold it a few years afterward.
According to previous discussion with Bill Gates in CNBC He telling he totally doesn't like the crypto currencies. according to my knowledge and experience in this world no one wants to risk their money without any reasons like bill gates. Bill Gates already have lot of money and most of his business are run by USD. If one day bitcoin increase then his all business will be get down I think that is the main reason he doesn't like to invest money for crypto currency.

and also I  100% agreed with some articles in discussion. Everybody have most valuable ideas as I thought and I think my ideas also will help.
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vedderpeterson
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December 12, 2018, 11:24:31 AM
 #288

People will always have different outlook and opinions in life. If he doesn't want Bitcoin then just let him..we will just continue also supporting Bitcoin. Smiley
BurgerCash
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December 12, 2018, 11:28:59 AM
 #289

Because bitcoin is not a good investment nowadays. Maybe at $10 - sure, but nowadays it's only worth shorting it.
Bitcoin will only succeed if it succeeds as a currency, and even its devs are opposed to this idea.
Bill Gates wants you to put your money and efforts into something productive, not the lottery ticket that BTC has become

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bitfocus
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December 12, 2018, 11:33:37 AM
 #290

Those their personal opinion, your opinion should be your own and not be biased by anyone's decision.
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December 12, 2018, 11:38:31 AM
 #291

most rich people like bill gates are not interested in bitcoin, maybe because they have a lot of money and they think bitcoin is unprofitable and has a high risk. they argue that bitcoin is not the best choice for investment, maybe that's the reason why many rich people oppose investing in bitcoin.
kalel18
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December 12, 2018, 01:21:52 PM
 #292

no need for bill gates to invest in any bitcoin, if everyday he earns a millions why you still invest in bitcoin, and maybe they do not have time because of their business  they have no time for it. When I'm like them I will not do anymore to invest it I'll spend my time on my business that's my assurance.
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December 12, 2018, 01:57:42 PM
 #293

Many multi billionaire have invested in BITCOIN. But they never published in openly, but if cryptocurrencies is a anonymous so everything is hidden who have how much invested or not.
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December 12, 2018, 02:51:40 PM
 #294

Of course billionaires are against Bitcoin as it can reshuffle the cards. Would you reshuffle while holding AA or KK? Of course not.

Secondly, Mr. Gates is not an investor. I wouldn't trust his judgement on any investment, even the traditional ones. His value would only be some internal info and that is quite hard to get. And sanctioned of course.

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December 12, 2018, 02:54:24 PM
 #295

Yea I often don't like to take investment advice from people who are not real traders or cannot relate to the average person.
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December 12, 2018, 03:30:29 PM
 #296

Many multi billionaire have invested in BITCOIN. But they never published in openly, but if cryptocurrencies is a anonymous so everything is hidden who have how much invested or not.

This is just their plan to make a big profit and not show off the benefits they get. This has all been planned to happen. You should learn the choices of several people to produce a different thing than the reality.
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December 12, 2018, 03:30:59 PM
 #297

i don't know about the reason that makes hie don't like bitcoin and investing on it, maybe some people have their own reason that hates bitcoin right? and i think that its normal when people disagree with other people statement

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December 12, 2018, 05:09:33 PM
 #298

Yea I often don't like to take investment advice from people who are not real traders or cannot relate to the average person.
You should probably never take investment advice from anyone, you never know what their intentions are and it is impossible for you to be sure if they are being honest about the advice that they are giving you or if they have hidden intentions and they are trying to make you buy an asset because they're going to benefit out of it, you need to reach your own conclusions about the market and then act on those conclusions.

This is why investing can be so hard you cannot trust anyone when it comes to the advice that they are giving and you need to find your own reasons of why you should invest or not in a particular asset and if you are not capable of doing that then you should not be investing in the first place.
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December 12, 2018, 09:56:45 PM
 #299

I don't know the true reason why bill gates doesn't trust bitcoin. But even despite the statement of this authoritative person in the world of technology, I continue to be confident in bitcoin and its technology. I think that his prospects will be justified.

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December 12, 2018, 10:15:52 PM
 #300

It is possible that people like bill gates are quite conservative in some ways and do not see a future for cryptocurrency. But I do not think so, because not only computers and operating systems should develop, but also money.

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