Wind_FURY
Legendary
Offline
Activity: 3038
Merit: 1887
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 01, 2021, 02:07:28 PM |
|
It's actually GOOD that Warren Buffett has missed a golden opportunity to invest in one of the largest asset price moves of the century. How long must the network exist before these people accept Bitcoin as an asset, and as a protocol?
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
pixie85
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 01, 2021, 05:53:06 PM |
|
It’s amazing bitcoin recover from the heavy dump in just three years meanwhile internet stock take a lot longer, ether are doing insane too, it’s just launched in 2016, just four years it’s becoming a mega bluechip that can stand against most Silicon Valley, just FOUR years wow, I’m wondering erhereum is “rat poison” on steroids.
Bitcoin has a history of some great recoveries like the one from $150 all the way to $20000 and then 3000 to 30000. ETH is not doing that great in comparison. Many people believe ETH is lagging behind and is going to explode when people move their bitcoin profits into altcoins but maybe the altcoin boom in 2018 that ICOs propelled is never going to happen again. People are becoming smarter and see that altcoins used to be like a shortcut to fiat profits. People thought they'd do better than BTC because they were cheaper and could be pumped much easier but now less and less people choose altcoins over bitcoin and ETH is holding on only because of 2.0 hype. It can meet the same fate as XRP next year when the hype dies.
|
|
|
|
Broly46
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2021, 02:33:29 AM |
|
It’s amazing bitcoin recover from the heavy dump in just three years meanwhile internet stock take a lot longer, ether are doing insane too, it’s just launched in 2016, just four years it’s becoming a mega bluechip that can stand against most Silicon Valley, just FOUR years wow, I’m wondering erhereum is “rat poison” on steroids.
Bitcoin has a history of some great recoveries like the one from $150 all the way to $20000 and then 3000 to 30000. ETH is not doing that great in comparison. Many people believe ETH is lagging behind and is going to explode when people move their bitcoin profits into altcoins but maybe the altcoin boom in 2018 that ICOs propelled is never going to happen again. People are becoming smarter and see that altcoins used to be like a shortcut to fiat profits. People thought they'd do better than BTC because they were cheaper and could be pumped much easier but now less and less people choose altcoins over bitcoin and ETH is holding on only because of 2.0 hype. It can meet the same fate as XRP next year when the hype dies. Yup, one wouldn’t argue how ether has create many ICO that boom so insane, just like dot com stock boom and bust, the booms in 2018 is too profound and leaving many wondering what’s the exact value all the total ICO value combined at the peak, yup many ICO get dumped quicker too. I believe it’s counting in more than trillions dollar, and that’s the most profitable year in the bitcoin history. Over the long term prospect, bitcoin is always the investor choice. Yup, Warren definitely can’t get how ether work too, it’s some crazy rat poison.
|
Self hating nerd that want to escape from reality into the cyberpunk.
|
|
|
dansus021
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2021, 02:50:42 AM |
|
It's actually GOOD that Warren Buffett has missed a golden opportunity to invest in one of the largest asset price moves of the century. How long must the network exist before these people accept Bitcoin as an asset, and as a protocol?
Sooner or later the Mr. Warren Buffet will buy the bitcoin or the Buffett's Company the Berkshire Hathaway will start implementing crypto for the payment system or the smart contract.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
Darker45
Legendary
Offline
Activity: 2702
Merit: 1903
Crypto Casino and Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2021, 03:19:24 AM |
|
People make mistakes, but Buffett will never admit it.
And what mistake did Warren Buffett particularly make in relation to Bitcoin? It is never a mistake to have some standards. It so happened that Bitcoin didn't fit the man's set of standards. Some of those investment opportunities which this legend, who is touted as the greatest investor of all time, once dismissed might have found a lot of success and growth later on. That certainly includes Bitcoin. But, again, those are not his cup of tea.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
MCobian
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2021, 03:52:13 AM |
|
I don't know the real reason why Warren Buffett hates Bitcoin, but hopefully he will not regret his decision not to invest in Bitcoin. Even though many companies and wealthy people have finally realized the potential of Bitcoin. I still hope Buffett can change his mind and decide to invest in Bitcoin, if that happens the Bitcoin price will rise even higher. But if Buffett remains stubborn with his decisions, I don't mind this either. Even though Buffett doesn't invest in Bitcoin, I believe the Bitcoin price is still going up.
|
|
|
|
UserU
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2021, 05:38:26 AM |
|
These two points have always been by guess also and the first one would neither surprise me nor would it be the first case.
Having thought of Justin Sun spending millions just to convince him over lunch just made things even sillier ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
. .500 CASINO.██ | ▄▀ | ▄
▄ | | . THE HOTTEST CRYPTO CASINO & SPORTSBOOK | | ▄▄▄████████████ ▄▄▄███████████████████ ▐█████████████████████ █████████████████████ ▐███████████████████ ▐███████████████████ ███████████████████ ██████▀█████▀██████ ▐████████▀█████████ ▐███████████████████ ███████████████████ ▐███████████████████ ▀██████▀▀▀▀▀▀ ▀▀▀█ | | █▄▄▄██████████▄▄▄ ███████████▀██▀▀██▄▄ ███████████████████▄ █████████████████████ ████▄████▄███████▄███ █████████████████████ ████▀████▀███████▀███ █████████████████████ ███████████████████▀ ███████████▄██▄▄██▀▀ ▀▀▀██████████▀▀▀ | | ► ORIGINALS
► SLOTS | | ► LIVE GAMES
► SPORTSBOOK | ▄
▄
| ▀▄ | . ██..PLAY NOW.. |
|
|
|
Leviathan.007
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 02, 2021, 12:51:53 PM |
|
You can never expect someone like Buffet with this age to defend and use bitcoin unless on some special cases, people in his age usually avoid accepting something new and the believe their old traditional system. Sometimes they are right and sometimes wrong. Rat Poison is completely right, bitcoin is rat poison for the fiat and central corrupted system and they can't do anything about it. Here old fashion people such as buffet will feel regret when they see bitcoin is trading above 30K and they could get amazing profit out it. But, they didn't because they accepted the rat poison theory.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Wind_FURY
Legendary
Offline
Activity: 3038
Merit: 1887
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 03, 2021, 12:23:12 PM |
|
It's actually GOOD that Warren Buffett has missed a golden opportunity to invest in one of the largest asset price moves of the century. How long must the network exist before these people accept Bitcoin as an asset, and as a protocol?
Sooner or later the Mr. Warren Buffet will buy the bitcoin I believe it would be later, when Bitcoin is valued , and stable at 6 digits per coin. He will be part of the last stage, we might be part of the early adopters, and near early majority stage. But how much more time does Warren Buffett have in the world? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fgreatdisruption2018.com%2Fwp-content%2Fuploads%2F2017%2F10%2FTechnology-adoption-S-curve.gif&t=665&c=W9iUv9Xj6mOiWQ)
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
BrewMaster
Legendary
Offline
Activity: 2114
Merit: 1293
There is trouble abrewing
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 03, 2021, 12:43:15 PM |
|
Having thought of Justin Sun spending millions just to convince him over lunch just made things even sillier ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) that was fake news bro. he has been trying a lot of these types of public stunts for a long time. the purpose has always been to make himself "popular" and end up selling his centralized shitcoin to traders so that it can be pumped and make him some of the millions he has spent in pumping that shitcoin so far.
|
There is a FOMO brewing...
|
|
|
bryant.coleman
Legendary
Offline
Activity: 3738
Merit: 1217
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 03, 2021, 01:21:09 PM |
|
I can imagine Warren Buffet farting uncontrollably after watching the latest Bitcoin rally. The current rally is a big tight slap to his face. Buffet was always overhyped as an investor. He managed to invest in the right stocks and he had a big capital to start with. There are several other successful investors out there, who started from the scratch. But they never got the same level of hype which Buffet received. Having thought of Justin Sun spending millions just to convince him over lunch just made things even sillier ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Justin Sun himself is a big fraud. So it doesn't surprise me that he try to advertise Mr. Buffet. He should use his millions to compensate those investors who lost their life savings after investing in the TRX shitcoin.
|
|
|
|
so98nn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 03, 2021, 02:25:42 PM |
|
Ahh, it’s pleasure to see this post showing off how cool is bitcoin in the first place. This is what we all should talk about, the greatness of bitcoin and its ability to overcome any comparative asset around the globe. I just can’t believe it how we have overcome the Berkshire total cap by almost 292% and that’s mega jump made by any existing asset even traditional Gold!! I mean the later one is around the globe since thousands of years and yet bitcoin competed it smoothly.
|
|
|
|
error08
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 03, 2021, 02:45:37 PM |
|
I do hope that someday he would realize that he has to adopt the technology and it is an inevitable innovation for which his company might take the benefits and advantage of it once, he initiates to adopt it.
It's a good rebut from his own words with that particular portrayal which is the rat and which is the poison. And someday, the price of bitcoin will be at par or more than the price of his BH stock.
He has a different view, you could say the way of thinking of an older man, he is 90 years old now, almost a century, someone who has lived so long and possibly wants to live longer. He has everything that he wants, but not eternal life, can spend his money on anything but prefer not in bitcoin or gold because that is how he think and refer to productive investment. Nonetheless, the bitcoin market cap over $628 billion, bitcoin at 9th place, with a total market cap exceeding Taiwan Semiconductor (TSMC) and will soon overtake Alibaba at 8th.
|
|
|
|
jademaxsuy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 03, 2021, 02:54:06 PM |
|
This is already a remarkable bitcoin market price I had ever thought. I was not able to experience the 2017 ATH but was only able to see it in graph way back 2017. However, this time it really a surprise to me and always bitcoin market is very unpredictable. You will never going to know when will market fall down and sudden market increase just like to what happen this year.
|
|
|
|
pooya87 (OP)
Legendary
Offline
Activity: 3570
Merit: 10833
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 04, 2021, 10:27:59 AM |
|
I believe it would be later, when Bitcoin is valued , and stable at 6 digits per coin. He will be part of the last stage, we might be part of the early adopters, and near early majority stage. But how much more time does Warren Buffett have in the world?
I believe that Buffet has either already invested in bitcoin and has a substantial amount of his wealth anonymously parked in bitcoin form, or he hasn't he will invest in some sort of company that has a link to bitcoin when the adoption is grown so much that it can no longer be ignored, like an exchange, a mining farm, a mining equipment producer, things like that.
|
|
|
|
freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 04, 2021, 01:44:59 PM |
|
In many ways Warren Buffett was right, bitcoin is a rat poison. The rats are those corrupt powers that had the centralized world by the balls all these years and have always been feeling threatened by anything decentralized that could take that power out of their hands and give it back to the individuals that deserve it.
We recently reached a new milestone that you may not be aware of, the total bitcoin market capitalization is now bigger than Buffett's Berkshire Hathaway. Berkshire Hathaway stock has been getting pumped all year to finally reach the price of last year after pouring so much money in to it meanwhile bitcoin is 292% higher than its last year price.
I didn't notice that worth making a note of as I was watching market cap, I agree though with you that the Centralized world has had the world by the balls for years. With the federal reserve not planning to stop printing money till 2023 and 20% of all greenbacks printed in 2020 alone, it harkens back to 2008 for a new generation of crypto users. That said buffet is legacy so he doesn't need to care his successors will for him
|
Believing in Bitcoins and it's ability to change the world
|
|
|
masterzino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 04, 2021, 02:41:42 PM |
|
It's not correct to compare market caps Berkshire Hathaway and Bitcoin & Crypto. The first is a multinational conglomerate; the latter is far away from this conception.
I'm pro-crypto, but we have to respect each other point of view. Even if Buffett owns a $1bn in crypto or $0 in crypto, it doesn't make any difference, both for him and for us.
|
|
|
|
paxmao
Legendary
Offline
Activity: 2324
Merit: 1598
Do not die for Putin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 04, 2021, 03:30:07 PM Last edit: January 04, 2021, 03:40:43 PM by paxmao Merited by BrewMaster (1) |
|
With this comments he means that cryptos are out of his investing universe because they do not have a balance, cash-flow, taxes, shares, etc... that his team can analyse. It does not mean that they are worthless.
that quote has two parts, and what you are focusing on is the second part ("not producing anything") but the first part which you ignored is the stupidest statement that anybody can make. bitcoin does have value since it is providing a utility and it doesn't have to produce anything to have that value. and when he says it has no value he is saying it is worthless. The definition of "value" for WB is not what you would usually understand as value in an economic context, rather a concept related to the value of companies - hence this statement that may seem wrong to people who are not familiar with his philosophy. Just for the shake of the argument, it is the bitcoin network (miners, users, exchanges,...) that actually provide economic value. Bitcoins are just an electronic record on a database replicated in many nodes. I recently had a look at Adam Smith´s works regarding that wealth is a nations labour and ability to produce, not their stores of precious metals. Looks like it could be applied here. It's actually GOOD that Warren Buffett has missed a golden opportunity to invest in one of the largest asset price moves of the century. How long must the network exist before these people accept Bitcoin as an asset, and as a protocol?
There is one rule that WB tries to follow strictly: Avoid any chance of permanent loss of capital. This obviously means that many opportunities will be lost, but also that risk is carefully minimised. In many ways Warren Buffett was right, bitcoin is a rat poison. The rats are those corrupt powers that had the centralized world by the balls all these years and have always been feeling threatened by anything decentralized that could take that power out of their hands and give it back to the individuals that deserve it.
That said buffet is legacy so he doesn't need to care his successors will for him
WB was absolutely unhappy with the Fed giveaways of helicopter money. As he said famously, when the tide is low, you can see who is not wearing the swimsuit. However the Fed has made sure that the tide was never low and Warren could not use the crisis to hunt any Elephant with his humongous cash reserves. Tip for the future: Now all companies consider safe to take risks beyond reason - AKA swimming naked.
|
|
|
|
ChrisPop
Legendary
Offline
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 04, 2021, 03:47:18 PM |
|
I have recently watched one of Chamath Palihapitiya's speeches and he says that technology and Bitcoin is not Buffett's "zone" or something like that. Keep in mind that Chamath calls himself a disciple of Warren and Charlie Munger. With all the respect, you can't expect a 90 years old man to understand a technology phenomenon that is only 12 years old. Yes, he is a guru in investing, but that doesn't mean he has a crystall ball or if his opinion is worth anything in a subject he has no expertise in.
|
|
|
|
paxmao
Legendary
Offline
Activity: 2324
Merit: 1598
Do not die for Putin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 08, 2021, 02:15:50 PM |
|
..With all the respect, you can't expect a 90 years old man to understand a technology phenomenon that is only 12 years old...
You would be surprised! Bitcoin is not really difficult to understand compared to an insurance company statement ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
|