URGENT NEWS - Warren Buffet declares Bitcoin as a BAD INVESTMENT

[zakalwe]

Warren buffet declared bitcoin as useless and strongly believes bitcoin and Cryptos will die in 10 years. He also thinks bitcoin is a terrible investment.

This guy has been right ALL THE TIME and is smarter than the piglets and peasants on this forum

Also confirms my theory that bitcoin has run its course as an investment

Don't underestimate him, Big money will now stay away from bitcoin and I speculate that the price won't return 500% or more

http://www.coindesk.com/warren-buffet-bitcoin-currency/

Hahahahahahahahahahahahahahahahahahahahahahaha and again hahahahahahahahahahahahahahahaahahahahahahahahaahahah

You should go in some comic show, buddy.

Funny.

(yet another troll.....)

[igorr]

Warren buffet declared bitcoin as useless and strongly believes bitcoin and Cryptos will die in 10 years. He also thinks bitcoin is a terrible investment.

This guy has been right ALL THE TIME and is smarter than the piglets and peasants on this forum

Also confirms my theory that bitcoin has run its course as an investment

Don't underestimate him, Big money will now stay away from bitcoin and I speculate that the price won't return 500% or more

http://www.coindesk.com/warren-buffet-bitcoin-currency/

Hahahahahahahahahahahahahahahahahahahahahahaha and again hahahahahahahahahahahahahahahaahahahahahahahahaahahah

You should go in some comic show, buddy.

Funny.

(yet another troll.....)

I think bitcoin will die in next 6-7 month,

[cdooer]

Warren buffet declared bitcoin as useless and strongly believes bitcoin and Cryptos will die in 10 years. He also thinks bitcoin is a terrible investment.

This guy has been right ALL THE TIME and is smarter than the piglets and peasants on this forum

Also confirms my theory that bitcoin has run its course as an investment

Don't underestimate him, Big money will now stay away from bitcoin and I speculate that the price won't return 500% or more

http://www.coindesk.com/warren-buffet-bitcoin-currency/

Hahahahahahahahahahahahahahahahahahahahahahaha and again hahahahahahahahahahahahahahahaahahahahahahahahaahahah

You should go in some comic show, buddy.

Funny.

(yet another troll.....)

I think bitcoin will die in next 6-7 month,

Dude, why are you posting that same picture in every thread? Get some new material.

[igorr]

Now I will wait  next month or 1.april 2014 and I will post new screenshot with trend line and current price.

[superresistant]

Hahahahahahahahahahahahahahahahahahahahahahaha and again hahahahahahahahahahahahahahahaahahahahahahahahaahahah
You should go in some comic show, buddy.
Funny.
(yet another troll.....)

I think bitcoin will die in next 6-7 month,
*Shitty image that I spam everywhere*

Fuck you igorr. What the fuck are doing with this spamming ?

[igorr]

Its just my technical Analysis for bitcoin price. what's wrong ?

[JimboToronto]

Dude, why are you posting that same picture in every thread?

Probably because it took him 6 hours with MS Paint to create it. 

Arbitrary lines are arbitrary.

[GigaCoin]

Warren buffet declared bitcoin as useless and strongly believes bitcoin and Cryptos will die in 10 years. He also thinks bitcoin is a terrible investment.

This guy has been right ALL THE TIME and is smarter than the piglets and peasants on this forum

Also confirms my theory that bitcoin has run its course as an investment

Don't underestimate him, Big money will now stay away from bitcoin and I speculate that the price won't return 500% or more

http://www.coindesk.com/warren-buffet-bitcoin-currency/

Hahahahahahahahahahahahahahahahahahahahahahaha and again hahahahahahahahahahahahahahahaahahahahahahahahaahahah

You should go in some comic show, buddy.

Funny.

(yet another troll.....)

I think bitcoin will die in next 6-7 month,

Dude, why are you posting that same picture in every thread? Get some new material.

Lmao

[spin]

Its just my technical Analysis for bitcoin price. what's wrong ?

Tech analysis in a thread about Buffett.  Chalk and chease

[johnyj]

Although he believes in company's true value, his company crashed 50% in 2008 crisis and he thanked government for bailout and QE. So he is only a player very dependent on the traditional monetary system and he doesn't understand how money works. Without FED, no Warren

This is so false and ridiculous, I'm actually going to take a second to correct you.

Warren Buffett bailed out major companies during the crisis with cash injections, being rewarded handsomely for doing so.  Goldman Sachs and General Electric come to mind...

He thanked the government for the bailout for other reasons I won't begin to discuss since they are so off topic.

Please study the facts: He injected 3 Billion to GE and 5 Billion to Goldman Sachs after the 08 crash, so his ability of injecting cash is neglectable comparing with what FED did: Printing Trillions of dollars to save those banks

Or to say, he knows that the FED is going to inject trillions of dollars to pump up those companies, then why wouldn't he spend some dollars to enjoy the ride?

[Hunterbunter]

WB is ultra conservative, and that's fine for him. Not everyone wants to be ultra rich...many of us just want to cry at being robbed at every turn we take.

[calligrapher]

I respect Warren Buffett deeply, his arguments about silver and gold, his arguments about long term invesments and so on.

He is a fucking genious but;

Remember guys, Warren Buffen stated before several times that he doesn't related with tech companies too much, he doesn't like internet and silicon walley things. Microsoft, Aplle etc.

I mean, seriously I take his opinions with all my respect but he doesn't know anything about technology, cryptology, internet, p2p and so on. He is an old boi which understand physical companies and assets. He is BEST at it also.

but take my words seriously and stop acting to bitcoin like it's a currency.

COME ON GUYS, WON'T YOU STOP CALLING BITCOIN AS A CURRENCY? CALL IT PROTOCOL, CALL IT AS A SERVICE, CALL IT A MONEY NETWORK, CALL IT AS IT IS SOMETHING LIKE PAYPAL OR EFT OR SWING OR SOME OTHER SHIT. BEING A CURRENCY IS JUST AN ADVANTAGE OF BITCOIN. IT IS NOT THE REAL DEAL.

And relax, take the ride.

He thinks that WE HAVE AT LEAST 5 YEARS GOD DAMN IT!!! IN 5 YEARS BITCOIN CAN MULTPLY ITSELF 10 TIMES AT LEAST. I AM NOT SURE IN 20 YEARS EITHER

[johnyj]

Today's marketwatch live session gave a new idea: Bitcoin can be defined as "current commodity", a totally new category of commodity where its sole purpose is to do trade
http://blogs.marketwatch.com/thetell/2014/03/04/track-live-updates-from-marketwatch-special-event-bitcoin-boom-and-bust/

Thus it might require a totally new set of rules to regulate, thus bring much more potential for freedom

[mmortal03]

This guy has been right ALL THE TIME and is smarter than the piglets and peasants on this forum

http://finance.fortune.cnn.com/2014/03/01/buffett-900-million-energy-future/

[knightcoin]

This guy has been right ALL THE TIME and is smarter than the piglets and peasants on this forum

http://finance.fortune.cnn.com/2014/03/01/buffett-900-million-energy-future/

I think he is kind of well connected guy (politicians, bankers, authorities, media) rather than be "financial genius" ... in finances there are lots of guys holding phd, very high IQ, etc ... they just don't have the same opportunities ...  I guess his view is not because he really understand bitcoin ... but because the major BTC player are a bunch of "anonymous" hackers ...

[BitApparel]

Both sides are wrong.  The bulls, "Warren buffett went out of his way to mention bitcoin" that means he is buying bitcoin and bitcoin will hit 50,000 and ppl will start handing us $ again...


the bear, " hahha bitcoin is crashing and it will go down further bc of warren and will die one day"

here is the truth: bitcoin is overrated / oversold like a mother fucker... it is not a new technology... it is just a new idea...

bulls, warrent buffett mentioned bitcoins AND warren buffett takes shits... so what...

bears, warren buffett doesn't use electronics...

[darkmule]

WB is ultra conservative, and that's fine for him.

If you mean in investment strategy, yes, he is.  He has a very solid, conservative and traditional investment strategy.

But he is politically a flaming liberal.

[flynn]

"Warrant" Buffet FTW

[leopard2]

what he means is that BTC is a bad investment at 700

he wants cheaper coins 

but it is true that in 10 years BTC will probably have been replaced by something else ... which does not mean btc owners lose money; maybe there will just be a new version of it.

[podyx]

what he means is that BTC is a bad investment at 700

he wants cheaper coins 

but it is true that in 10 years BTC will probably have been replaced by something else ... which does not mean btc owners lose money; maybe there will just be a new version of it.

u mean a hardfork of bitcoin?