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Author Topic: Warren Buffet statement again  (Read 17632 times)
gribble
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March 14, 2019, 08:28:26 PM
 #61

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
He praised Blockchain technology but he ignores Bitcoin, this is radiculas from the point of view. This type of person should be avoided and  shouldn't heed upon their words.

I agree with you, i don't care about Warren Buffett's bad opinions about the bitcoin and any other related with the cryptocurrencies, just because he had been successfull in the stocks market does not mean he will be successfull in cryptocurrencies, because actually he don't know anything about the cryptocurrencies. He just want make the price of bitcoin to be more cheap then he will buy bitcoin for him self. The industry of bitcoin and cryptocurrencies will be successfull in the future.
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March 14, 2019, 11:04:05 PM
 #62

well, this is not the first time Warren Buffet and so many other people are saying negative things about bitcoin and despite what they say, we see nothing but growth in the strength of bitcoin with its acceptance and adoption spreading like wildfire. I believe with time Warren Buffet will realize the statment he made about bitcoin is wrong. Time will tell though.
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March 14, 2019, 11:26:22 PM
 #63

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.

Look what said about the cryptocurrencies CEO JPM Morgan - all the time he claimed that Bitcoin is a scam, and now he creates his own cryptocurrency. These people just want to manipulate the market to earn money, nothing more. Never trust such people!
They know very well how powerful they are and they also know that whatever they say is going to be on every financial website in minutes so they are using their power to influence the markets, this is nothing new and if we were on their shoes I am sure that many of us will do the same, so as long as we know exactly why we are here and why we believe in the success of cryptocurrencies then we can safely ignore the comments of those people.

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March 15, 2019, 01:33:28 AM
 #64

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
i don't remember seeing him praise anything but it would be understandable if he did since most of these people have some sort of stake in centralization so they praise the technology mainly when it is adopted by the centralized sector (like banks, example: Jpmorgan)
Now that answers the question of why he is always spreading negativity in the Crypto Currency community. But anyways anyone can say whatever they want and I think it's part of the freedom of speech for everyone to tell their point of views and beliefs on different kinds of things or aspects. The best thing to do is just never that man and let him say whatever he wanted because solid Crypto investors would not believe on any negativity that he is saying. Cool

I don't like this person, he always has a bad statement to make the crypto market fall.
then why are you quoting him here and starting a TOPIC about him?!!
Maybe he likes him a lot and pretends that he doesn't like him at all lol. Grin
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March 15, 2019, 03:50:28 AM
 #65

Believe in happening than sayings, Bitcoin is unique (or at least it was when it arrived) and regarding 'BTC can not make profit' — it has given tons of profit to early buyers what Warren waited for decades.

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March 15, 2019, 04:03:39 AM
 #66

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
Why people so stupid on posting this Buffet’s fud?are you really a cryptonians?Or a Bitcoiner?because if does you should not give a damn whatever this fool says

Don’t you understand that he has no concern about our community?he don’t even care of us instead he want to bring the market down.

Stop posting what he say instead let us just ignore And never give attention from now on
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March 15, 2019, 06:53:06 AM
 #67

I think they are just creating a small dump on bitcoin for them to be able to buy cheaper bitcoin. Many financial gurus said this but it does not affect bitcoin that much so why even care about them.

he is a man from traditional finances so he doesn't like innovations like bitcoin that disrupt his traditional vews.

Actually, I read here that he praised blockchain. So I think he like innovations, he just doesn't like bitcoin. Check out franky1's post I think it's a possibility also of why he creates these kinds of statements.
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March 15, 2019, 07:03:24 AM
 #68

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
If you really hate the person the you should stop posting he’s publicity because it brings some panicking to others specially noobs and those newbies that expecting instant profit here

Believe in happening than sayings, Bitcoin is unique (or at least it was when it arrived) and regarding 'BTC can not make profit' — it has given tons of profit to early buyers what Warren waited for decades.
Absolutely correct mate,he's words against reality
Who really gives a shit?
Thats the question must answer because i don’t give even a shit
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March 15, 2019, 02:55:56 PM
 #69

I feel Warren Buffet have some bad intention with us, they just like to make people to dumb their coins and take advantage over them. Buy their coins in low price and makes some hypes to be profitable. His just a kind of greedy whales existed in the market today.
I'm not affected with his way of destructing us and for the market, but how about the others. They'll might be listen right now.

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March 16, 2019, 12:51:15 PM
 #70

The Warren Buffett company has a large loss of $ 4.3 billion. Why listen to him at all?
His company's annual report explains it all.
This Man absolutely does not understand cryptocurrencies. He just says big words and all. He was lucky once and became famous when that. And now he uses it. Sells advertising for terrible projects. I see no reason to believe this man.
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March 16, 2019, 01:08:10 PM
 #71

Believe in happening than sayings, Bitcoin is unique (or at least it was when it arrived) and regarding 'BTC can not make profit' — it has given tons of profit to early buyers what Warren waited for decades.

I think that it goes something like: "Believe in actions more than words". And i personally believe that it is accurate of course.

Why? Because with actions you can easily be able to tell what is happening and why it is happening without being so prone to lies from others. That is a deception where a lot of people fall prey to, at least that's how i see it, it is just a personal opinion of course.

The same definitely applies to Bitcoin.
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March 16, 2019, 02:15:36 PM
 #72

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
He is just an old bloke who does not understand the concept of the new technology and you should not expect him to learn about the new market at his age of 88 and after the financial crisis he is just vocal about everything that is happening in the market. You can take any advice with a due diligence and always take advices from people who have an in depth knowledge about what they are talking about. Wink 
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March 16, 2019, 02:45:53 PM
 #73

Warren Buffet is a long term investment and doesn't care about dips.  Every investments has dips, nothing will just constantly keep rising.  He has a never really been an investor in technology companies because he says he doesn't really understand them.  This is why he passed on Amazon and Google.  Only recently has he invested in Apple but that is because he sees it more as a retail business.
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March 16, 2019, 02:55:04 PM
 #74

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
He is just an old bloke who does not understand the concept of the new technology and you should not expect him to learn about the new market at his age of 88 and after the financial crisis he is just vocal about everything that is happening in the market. You can take any advice with a due diligence and always take advices from people who have an in depth knowledge about what they are talking about. Wink 
The knowledge of Warren Buffet is based on Stock Market, in the market of bitcoin and altcoins, there are many factors involved, which, the biggest enemy is volatility, both for Stock Market investors and for any economist in the world.

Warren Buffet's advice is very useful, even applied to the market of cryptocurrencies, because this market has an intrinsic sense of technology, which, to the speculators and some investors often does not give importance.

I think it gives Blockchain a boost, because of the technology and breakthrough that it brings, but maybe, the bitcoin-usd market does not meet the investment conditions that it has in its strategies, and does not see it as a safe action. , possibly because he does not see liquidity, that may be the biggest incident factor on which he bases his analysis.

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March 16, 2019, 06:33:22 PM
 #75

Warren Buffet is a respected person globally but this does not means that any thing He says about bitcoin will have influence in the price of bitcoin. There is no good investor that will sale off his or her bitcoin just because of what He is saying.
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March 17, 2019, 12:51:31 AM
 #76

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.
but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.
He is just an old bloke who does not understand the concept of the new technology and you should not expect him to learn about the new market at his age of 88 and after the financial crisis he is just vocal about everything that is happening in the market. You can take any advice with a due diligence and always take advices from people who have an in depth knowledge about what they are talking about. Wink 
The knowledge of Warren Buffet is based on Stock Market, in the market of bitcoin and altcoins, there are many factors involved, which, the biggest enemy is volatility, both for Stock Market investors and for any economist in the world.

Warren Buffet's advice is very useful, even applied to the market of cryptocurrencies, because this market has an intrinsic sense of technology, which, to the speculators and some investors often does not give importance.

I think it gives Blockchain a boost, because of the technology and breakthrough that it brings, but maybe, the bitcoin-usd market does not meet the investment conditions that it has in its strategies, and does not see it as a safe action. , possibly because he does not see liquidity, that may be the biggest incident factor on which he bases his analysis.
Do you think that Warren Buffet is investing in Crypto Currencies secretly and his tactic is to spread FUD to make the price go down and he can buy more at a lower price for his own benefit? Cheesy Anyways he is free to say whatever he wanted to say and it's part of our freedom. We all know that we cannot please everyone to believe in what we believe and our point of views just let them say whatever they wanted to say sooner or later those people that are spreading negativities about Crypto will get tired of what they are doing. Cheesy
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March 17, 2019, 12:55:47 PM
 #77

Warren Buffet is a long term investment and doesn't care about dips.  Every investments has dips, nothing will just constantly keep rising.  He has a never really been an investor in technology companies because he says he doesn't really understand them.  This is why he passed on Amazon and Google.  Only recently has he invested in Apple but that is because he sees it more as a retail business.

Crypto is also a long term just like how Buffet chooses his stock on along term horizon. People who want quick money here buys at high and then when market falls consider it as a bubble or like will reach 1k etc. They do not understand that even the top billionaire does invest in market when it is available at cheap prices.
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March 17, 2019, 01:02:04 PM
 #78

All the respect for Warren, but heis too old to understand Bitcoin and blockchain technology. At least from my perspective his opinion does not matter in the crypto space. Bitcoin will flow to its destiny with or without Buffet's "approval". Also he might criticize BTC just to influence the price in some way. Create some kind of panic, but Idk who would dump his/her bitcoins due to dinosaur's "advice".
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March 17, 2019, 01:46:21 PM
 #79

Crypto is also a long term just like how Buffet chooses his stock on along term horizon. People who want quick money here buys at high and then when market falls consider it as a bubble or like will reach 1k etc. They do not understand that even the top billionaire does invest in market when it is available at cheap prices.


This is a pretty accurate point of view right here. It's highly possible but really hard to be sure and at the end it heavily depends on what he wants to do, it's his life.

The thing is of course that he is a public figure and some cons comes with it besides the many benefits, like for example a lot of people being noisy about your life. What you do and what you don't.

However, it is a lot worse for celebrities in the entertainment business. So in comparison is comfortable i bet, at the end what do we win trying to make others understand? - Everybody needs to understand at their own pace.
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March 17, 2019, 02:07:39 PM
 #80

why are surprised that an old schoolshark and investors into conventional stocks and markets
be ppreciative of bitcoin, the thing that cannot be controlled and manipulated ( to some extent of course)
unlike your ordinary markets or assets ,also I'm not sure him cussing bitcoin publicly
means that he doesn't hold a substantial amount of them , which he does I'm sure of that
an investor and a speculator of his class just could not miss the potential to join the race

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