btc_angela
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February 11, 2020, 09:07:41 PM |
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Finally this dinner took place. It is so good to see investors such as Warren Buffett being involved in the crypto space even if the cryptocurrencies that he acquired are gifted. I don't like Justin Sun, but I have to admit that he tries a lot for bringing mass adoption.
It's more of a win-win for the crypto guys who attended specially Justin. I mean they met one of the most successful investors in the face of Wareen Buffett. And that gift is a nice one on the part of Justin. But it doesn't mean that Warren will shift his stance of bitcoin. And I don't think that this is the reason why we suddenly see a massive spike and even crossing the 5 digit. I also don't like Justin because of his shilling, however, he has his own style of bringing up his Tron on every discussion and most of the time it is very effective.
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vintages
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February 11, 2020, 10:18:12 PM |
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So he think he can convert Buffet to invest in Cryptocurrency? I don't think so he cannot be bought by just a few millions this guy has a tons of it, if he wants to market his coin there are better ways but not a publicity like this that I doubt will yield results.
No one actually knows what their conversation was that "actually" led to him gifting him that amount of cryptocurrency. Sun has been wanting to have a dinner with Warren, thus I guess it was simply a kind gesture. Moreover, Warren don't look like a man who will easily change his mind. He is personal made: he surely can afford $4 million. Also, even if Warren is not a fan of Bitcoin at least he knows the importance of Blockchain.
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ubercool
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February 12, 2020, 10:13:43 AM |
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I think Justin is the best marketing guy anyone could ever find to their company. All he does is market the hell out of something and then the delivery of that would be less than 20% of his hype. Dinner with Warren made a great news in the starting but as he is not crypto friendly it didn't deliver the expected.
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iv4n
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February 12, 2020, 10:23:15 AM |
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~snip It's not easy money for Warren, he gives money from that launch to some charities, as far as I know. I think that Justin Sun is just paying for promotion, this is the thing he is doing from the start. He is going around, meets with celebrities, promoting his project, and so on. If you get a million dollars just to have food for an hour you do not think it is easy money, to make a million dollars in your bank account majority will spend their entire life and you think otherwise . He is a sales man throughout his career and that is how he made his fortune. He don't get any money for that lunch, all that money goes to charity, it's called Warren Buffett charity lunch. " For the 20th year in a row, Buffett is auctioning off a lunch for the highest bidder to support one of his favorite charities, San Francisco’s Glide Foundation" It's not money for him, as he gives all that amount to a charity. When he doesn't keep money we can't say that he earned them in some easy way. That money doesn't go to Warren Bank account, don't you think that if this money doesn't go to his bank account we can't say that he earned that money!
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milewilda
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February 12, 2020, 12:16:24 PM |
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~snip It's not easy money for Warren, he gives money from that launch to some charities, as far as I know. I think that Justin Sun is just paying for promotion, this is the thing he is doing from the start. He is going around, meets with celebrities, promoting his project, and so on. If you get a million dollars just to have food for an hour you do not think it is easy money, to make a million dollars in your bank account majority will spend their entire life and you think otherwise . He is a sales man throughout his career and that is how he made his fortune. He don't get any money for that lunch, all that money goes to charity, it's called Warren Buffett charity lunch. " For the 20th year in a row, Buffett is auctioning off a lunch for the highest bidder to support one of his favorite charities, San Francisco’s Glide Foundation" It's not money for him, as he gives all that amount to a charity. When he doesn't keep money we can't say that he earned them in some easy way. That money doesn't go to Warren Bank account, don't you think that if this money doesn't go to his bank account we can't say that he earned that money! Okay lets put up some add on link to that one https://www.businessinsider.com/how-warren-buffett-spends-net-worth-philanthropy-2018-10I agree to the sentiment that he wont intend to make or get those money from that dinner on his own.If we do consider out his charitable works then this is just a lump sum if we try to compare.
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beerlover
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February 12, 2020, 06:35:09 PM |
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Warren Buffett is an amazing guy, dude is 89 years old right now and he constantly says that he eats like a 6 year old and he jokes about it by saying "because mortality rates are very low for 6 year olds" . Dude has managed to be successful for over 60 years now, that is not something people can actually do that constantly anymore because the world changed and I bet even if Warren Buffet himself started at 20 years old right now with 100k or even 10 million dollars at his hand, he wouldn't be able to reach 50+ billion dollars he always has (and would have been over 100 billion if he didn't donated) because the world changed too much. Of course, it is still very important to invest into things you know about and trusted compared to stuff that "may make you rich over night" but that would seriously take too long, he wouldn't be a billionaire before he is 70+ years old if he started today.
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wheelz1200
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February 13, 2020, 11:47:37 PM |
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Warren Buffett is an amazing guy, dude is 89 years old right now and he constantly says that he eats like a 6 year old and he jokes about it by saying "because mortality rates are very low for 6 year olds" . Dude has managed to be successful for over 60 years now, that is not something people can actually do that constantly anymore because the world changed and I bet even if Warren Buffet himself started at 20 years old right now with 100k or even 10 million dollars at his hand, he wouldn't be able to reach 50+ billion dollars he always has (and would have been over 100 billion if he didn't donated) because the world changed too much. Of course, it is still very important to invest into things you know about and trusted compared to stuff that "may make you rich over night" but that would seriously take too long, he wouldn't be a billionaire before he is 70+ years old if he started today. Saying someone cant do that is a fallacy. People will do that In the future, especially with inflation the way it is. It is absolutely possible and might actually be easier now than when he did it due to the economy being worldwide now. You have access to much more of the world than in years past.
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Zemomtum
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February 13, 2020, 11:48:54 PM |
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This kind of meeting is a plus to the blockchain space. Warren Buffett has not been welcoming the crypto and blockchain idea, hope after this gathering, he will know the revolution behind blockchain and how it stands to benefit all.
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wheelz1200
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February 14, 2020, 12:02:56 AM |
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This kind of meeting is a plus to the blockchain space. Warren Buffett has not been welcoming the crypto and blockchain idea, hope after this gathering, he will know the revolution behind blockchain and how it stands to benefit all.
This was not a warren buffet is changing his mind on crypto meeting. If you read anything about warren Buffett you know that if you cant tangibly see value in something (like earnings, etc) than he isnt interested in speculating in it. At this point in his life I'm sure he isnt going to all of the sudden pivot away from that after he amassed a fortune doing things his way to begin with.
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spike420211
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February 15, 2020, 07:16:11 PM |
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Justin Sun is a tricky fellow. The fact that he gifted Bitcoin and the throne (cryptocurrency) to Warren Buffett, he did it exclusively for marketing. Now everyone knows that Buffett has cryptocurrency among its assets. Buffett has a huge audience that loves and recognizes him. Thus, Justin to some extent launches a flash mob where people give cryptocurrency to each other. The popularization of cryptocurrency.
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deisik
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February 15, 2020, 09:20:04 PM |
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It would be very interesting to know what was at stake, maybe some information would someday appear. Moreover, Warren was very skeptical of cryptocurrencies, and his words are very important because of his authority as a competent investor. If he changes his mind, then this can give a very strong impetus What do you mean at stake here? Justin Sun won an auction at eBay in June last year to have a luncheon with Warren Buffett for 4.5 million dollars, if I remember correctly, the largest amount in 20 years that the auction has been held. It was just postponed a few times by Sun reportedly due to his health issues (he doesn't look very healthy overall on the photo). Sun even asked Donald Trump to be with him at the lunch, but it seems like Trump doesn't give a slightest fuck about either of them (or he can just talk to Buffett as and when he pleases)
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fiulpro
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February 16, 2020, 10:41:00 AM |
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I do think gifting a man who has no respect whatsoever for the bitcoins and call them delusional and fake , engages in hate tweets do deserve something like this. He should have gifted someone who actually cared about the bitcoins . It would have made more sense this way, at the end of the day this man has already predicted that the bitcoins won't be there for more than 10-20 years , he won't be surprised if they disappeared and considering how many people follow him , he is just helping to make the government indirectly on Bitcoins.
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deisik
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February 16, 2020, 01:29:45 PM Last edit: February 18, 2020, 11:32:17 AM by deisik |
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Now everyone knows that Buffett has cryptocurrency among its assets. Buffett has a huge audience that loves and recognizes him It doesn't mean a goddamn thing If anything, it only means that some dude gave Buffett a bitcoin and probably meant something else other than making a present (for example, to show off and get some cheap attention). It doesn't in any way mean that Buffett all of a sudden changed his mind and started to consider cryptocurrencies a real asset (not even speaking of considering Bitcoin one of his assets). He was just too polite to refuse this gift right away. But we will likely find out soon enough what he is going to do with it anyway Thus, Justin to some extent launches a flash mob where people give cryptocurrency to each other. The popularization of cryptocurrency He is at least 7 years late. Coinbase was doing that in 2013
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rdbase (OP)
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May 11, 2020, 04:00:10 PM |
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I do think gifting a man who has no respect whatsoever for the bitcoins and call them delusional and fake , engages in hate tweets do deserve something like this. He should have gifted someone who actually cared about the bitcoins . It would have made more sense this way, at the end of the day this man has already predicted that the bitcoins won't be there for more than 10-20 years , he won't be surprised if they disappeared and considering how many people follow him , he is just helping to make the government indirectly on Bitcoins.
Which one do you mean? Justin or Warren? Since then Sun bought Poloniex and had received $2millionusd from the US relief fund for US based business owners since then. Yet he is a chinese nationalist and majority of his businesses are there. So you tell me how could this be overlooked?
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Xxmodded
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May 12, 2020, 03:15:00 AM |
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Just short time effect and not continue for long term because when Justin Sun gifted Warren Buffett bitcoin and tron few days bitcoin and tron on the top price, next week back to usually place with lower price, need way how to make bitcoin and altcoin keep continue going up to higher price without waiting always positive gifted again.
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billykannithi
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May 12, 2020, 03:41:46 AM |
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I think it's not that Buffett doesn't like Bitcoin but he doesn't see it as an investment channel that will bring him profit at this time. The cryptocurrency market is full of pitfalls, from launching rumors to pushing prices, to creating FUD for users... The cryptocurrency market is also very potential and can bring big profits. So there is no reason for Buffett to ignore this market, just when he will invest.
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