Erickan
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June 04, 2019, 11:01:08 AM |
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Justin Sun spent $ 4.5m on lunch with the main purpose of marketing to the world to understand more about crypto. It is a good action, the world will know more crypto after this event, and what he said to Warren Buffett, we cannot know. Hope everything will be fine and we will cut the news well.
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RawDog
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June 04, 2019, 11:42:15 AM |
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I must say Justin sun is the most controversial person in the crypto world.
Craig Wright might already have that title.
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davis196
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June 04, 2019, 11:47:25 AM |
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This guys both have controversial characters in blockchain community each one for its own reasons, but what could come out from their lunch?
What could Sun need so bad from the guy that he payd 4.5m?
Sun didn't pay Buffet 4.5M USD.He will spend the money for charity. I really doubt that Justin Sun can achieve anything other than meeting Warren Buffet in person. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Pursuer
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June 04, 2019, 11:52:06 AM |
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another case of obvious altcoin advertisement that is going to possibly create some temporary hype in the market of that altcoin and get that coin pumped for a little while before they dump it again and enters its death phase. I am surprised that people still have a hard time seeing the same repeated pattern!
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Only Bitcoin
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kissubaby
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June 04, 2019, 11:54:44 AM |
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going to make headlines in some mainstream press. more publicity to cryptocurrency ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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angel55
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June 04, 2019, 12:35:17 PM |
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Warren Buffet doesn't have much longer to live anyways, he is a 90 year old man that should be doing more for humanity instead of trying to gain even more wealth that he will never even use. Maybe he will buy a few bitcoins for the hell of it since $8000 to him is like a penny to us.
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omone1
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June 04, 2019, 12:53:35 PM |
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I hope Sun is about to convince Warren about Cryptocurrency, although he's not the best person for the job, a bitcoin-core developer could have well fit this occasion, he should take along a bitcoin core developer with him so as to talk to Warren himself. I hope Warren changes his mind about bitcoin soon.
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traderethereum
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June 04, 2019, 10:49:00 PM |
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Warren Buffet doesn't have much longer to live anyways, he is a 90 year old man that should be doing more for humanity instead of trying to gain even more wealth that he will never even use. Maybe he will buy a few bitcoins for the hell of it since $8000 to him is like a penny to us.
Hahaha, that could be true, but we don't know how long he will live. Maybe he wants to get more popularity in the cryptocurrency, so they make that news, and I think that will take attention from the public. We know that some people react with that news, but the others still wait for the next thing that will happen. I don't know what are they want from that news and only them that will know, so we need to wait and see.
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rdbase
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June 04, 2019, 10:55:56 PM |
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I must say Justin sun is the most controversial person in the crypto world.
Craig Wright might already have that title. It just might be John Mcafee who wants to be the next president and promoting it by plastering his face on a credit card saying "Mcafee for 2020!" ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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7788bitcoin
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June 04, 2019, 11:03:19 PM |
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This guys both have controversial characters in blockchain community each one for its own reasons, but what could come out from their lunch?
What could Sun need so bad from the guy that he payd 4.5m?
Justin Sun is a spendthrift and we all know that from his crazy spending life style and his love to media attention and now paying $4.5 million for a lunch with Warren Buffet to change the concept of an old man who does not understand much about technology ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) . I am sure he is playing ball with the investors money rather than his hard earned money by the way he is spending he will end up in trouble without any funds for the project too if he continues like this for the next five years.
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HiBlocks
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June 05, 2019, 03:34:57 AM |
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Well it is great for the crypto community as all the press surrounding it. Justin has been on CNBS and the best outcome is that his team convinces Buffet and makes him change his stance on Bitcoin. An endorsement from Warren Buffet would be huge and help with mass adoption. However, that is the BEST case. Most likely Buffet will stand by his stance that Bitcoin is worthless. But the exposure from this meeting helps a lot. A no lose situation in my opinion....unless Justin makes a fool of himself and Buffet comes out saying he believes more than ever that crypto is a joke ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Aldrinx00
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June 05, 2019, 03:39:53 AM |
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This is just pure hype and Justin sun is a man of publicity, he thinks that he can changed warren buffet to like cryptocurrency, no it will never happen. I think Justin sun used bitcoin to pay warren buffet then warren buffet dumps that $4.7m worth of bitcoin and this is the main reason crypto is in a peril right now.
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lupinvn
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June 05, 2019, 03:42:40 AM |
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it doesn't help crypto at all. The fact that Warren Buffett makes money is only for charity and JS is trying to use money to make a name and fomo. I do not hope this meeting will go anywhere. It's just a meal of 2 billionaires.
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jossiel
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June 05, 2019, 04:32:19 AM |
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I thought Sun is going to end Warren Buffett's skepticism about bitcoin but it seems that it won't happen. Because he's probably going to talk about his projects, Tron and Bittorrent on how good they are (because it is his). it doesn't help crypto at all. The fact that Warren Buffett makes money is only for charity and JS is trying to use money to make a name and fomo. I do not hope this meeting will go anywhere. It's just a meal of 2 billionaires.
Doesn't have anything to do with the crypto community as a whole but for Justin Sun, it's more of a publicity stunt just like what he always do. Just like last time, he's attached to CZ and now to Warren Buffett. Who will be the next personality that he'll have for his publicity?
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lupinvn
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June 05, 2019, 06:06:27 AM |
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I thought Sun is going to end Warren Buffett's skepticism about bitcoin but it seems that it won't happen. Because he's probably going to talk about his projects, Tron and Bittorrent on how good they are (because it is his). it doesn't help crypto at all. The fact that Warren Buffett makes money is only for charity and JS is trying to use money to make a name and fomo. I do not hope this meeting will go anywhere. It's just a meal of 2 billionaires.
Doesn't have anything to do with the crypto community as a whole but for Justin Sun, it's more of a publicity stunt just like what he always do. Just like last time, he's attached to CZ and now to Warren Buffett. Who will be the next personality that he'll have for his publicity? I agree with you, JS must be recognized as a person who knows how to do marketing. Each of his tweets has special meaning and value, and often it will help the value of TRX, BTT increase dramatically. and this time too, give up $ 5 million to "run ads" for the project and collect a lot of things. Media in other countries are also reporting, some non-crypto-related newspapers also report as Warren Buffet is involved. Brilliant!
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hozer.tg (OP)
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June 05, 2019, 06:22:14 AM |
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another case of obvious altcoin advertisement that is going to possibly create some temporary hype in the market of that altcoin and get that coin pumped for a little while before they dump it again and enters its death phase. I am surprised that people still have a hard time seeing the same repeated pattern!
In this case it's an easy short for you
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Anonylz
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June 05, 2019, 10:03:17 AM |
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As much as people hate on Justin Sun, the guy is a business man and knows the right move to make to create the necessary hype for price increase and lots of people are making profit under his announcement ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) probably justin will be able to convince buffet and make him see reason why he should have different view on btc and possibly invest too ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) even though btc is doing very fine without buffet, if this lunch won't yield any positive result i don't think Mr Sun will go for it, fingers cross something is cooking under ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Vinalians
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June 05, 2019, 09:28:39 PM |
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Justin Sun is very smart people I think he can actually convince Warren to unite and also believe in the cryptocurrency, also with the help of those he invited for sure they can do something that can change the title of Warren to BTC. I guess TRON will take almost all the benefits here if that really happens. I am hoping for the recovery and this can actually help the current situation of the crypto market.
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rdbase
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June 05, 2019, 10:08:57 PM |
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I think I saw on his twitter he is not the one who will be attending the luncheon. But will assign a delegate for him. I heard this from another source earlier yesterday as well. But it hasnt been confirmed who will be actually be attending. Is Justin Sun chickening out of this lunch to meet and greet warren buffett? Or was it all as someone else pointed out earlier just for the attention ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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hatshepsut93
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June 05, 2019, 10:21:59 PM |
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Scenario 1: "blockchain technology" becomes more hyped because Buffet makes some positive statements after the meeting, shitcoins like TRON get some small or medium boost. Depending on how much praise we'll hear from Buffet, and whether he'll continue doing so, we might see the return of ICO's, or new forms of activity like STO getting more traction. Bitcoin largely unaffected.
Scenario 2: Buffet makes some very mild statements that basically don't mean anything, or maybe doesn't speak anything at all, people quickly forget about the whole event, nothing happens with the market, end of story. Bitcoin largely unaffected.
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