"...all of the bitcoin in the world for $25"

[gantez]

Buffet is a business person and he is saying what he feels. No questions about if bitcoin produce anything because this is a fact about what he say but he is saying such in wonder about why bitcoin use for money that increase in value. He is just the few voice spreading and making negative effort to bring bitcoin down but it is giving the coin no of such effect. If he use that effort to buy bitcoin when it was below a dollar, he could be known whale.

[Pomogator]

Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25, and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value. I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.

I think he is lying. Of course he would like to control such a large financial market. With his help, he could become several times richer, and he understands this very well. Perhaps he no longer wants to understand everything about it, but if he is really offered a very good deal, then he will go for it.

[Reid]

Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25, and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value. I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.

Nah, he is not in it for a bargain purchase. He is just old school and most of them stay with the traditional type of asset and investments. Golds, shares, or whatever that includes paper money. They want it physically seen or in something that is trusted. Then, there's the clubs where they could enjoy their perks of being part of the investment.
It's not really difficult to read him by all his attacks against Bitcoin and cryptocurrencies. I would just unfollow him if I were you to avoid being fed by FUD.

[Fivestar4everMVP]

The sooner we stop listening to this set of individuals when it's obvious they have nothing good to offer, the better, and then again we shouldn't trust what they say, Warren is a business man whom I believe know the strategies of how to get into an investment at the best price, he might have said all he said just to see if he can get the price of bitcoin to come down so he can buy in at a cheaper price or maybe he said what he said out of jealousy of what another man invented that has turned the online payment of the entire world around, he knows he's problem, let him deal with it, cus he's opinion about bitcoin is not our business, and will don't care if bitcoin produces anything or not, as long as it continues to hold value.

[MiF]

Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25, and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value. I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.

This is very clear that warren buffet wanted to influence the price to make it more cheaper for he can buy it in a very low price, warren Buffett is a crypto enthusiast and there is no simple reason for making negative comment for btc except buying more in dip. I believe that he wanted to buy more on dip that is why he also wanted the bitcoin to drop down deeper.

[Fatunad]

Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25, and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value. I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.

This is very clear that warren buffet wanted to influence the price to make it more cheaper for he can buy it in a very low price, warren Buffett is a crypto enthusiast and there is no simple reason for making negative comment for btc except buying more in dip. I believe that he wanted to buy more on dip that is why he also wanted the bitcoin to drop down deeper.

Manipulative behavior? This is something not new into these kind of people or investor on where they are trying to make the market price to go down which is something not new with
these kind of people.Now the price is declining then for sure they are happy but its not the sole reason on why we are declining as of this moment.
This is why someone should really be that wise or to be aware on how things been going on this market because you cant just make out immediate reaction
just because of these sentiments.

[Disruptivas]

I think Buffer's positioning makes sense and it's nice that he maintains his position even with the success of the asset. Consistency in the investment hypothesis was always something he strongly defended as one of the hallmarks of success. As the author of the topic mentioned, BTC does not generate income/dividends and this is part of his thesis.

But I don't know why this fascination with a few figures whose Bitcoin doesn't 'meet' the requirements. For all the rest it works, it's good to focus on these.

[gantez]

This is very clear that warren buffet wanted to influence the price to make it more cheaper for he can buy it in a very low price, warren Buffett is a crypto enthusiast and there is no simple reason for making negative comment for btc except buying more in dip. I believe that he wanted to buy more on dip that is why he also wanted the bitcoin to drop down deeper.

I am not believe this that buffet only want to make bitcoin cheap for him to buy many of it. He has not spoke good of bitcoin all the time he has opportunity to do that in public places. He don't like it that people can get rich with just hodling few bitcoin in the wallet and the next time lambo    He wants more detail work where you follow protocol, bureaucracy and results is got with such variation. Or you may work under his company doing the 8-5 nature of job but he can wake up now because that time is almost going into history.

[eaLiTy]

Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25, and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value. I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.

This is not the first time Warren Buffet is talking about the cryptocurrency space in a negative shade and this wont be the last, he is trying his best for a while and still the price keeps on climbing. There is one aspect i accept, the price cannot go up all the time and if he is not interested in purchasing BTCitcoin that is his choice and that too coming from someone who made money speculating in the stock market makes me laugh .

[lionheart78]

Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25,

Even if he is dying to buy, no one will sell a piece of BTC in $25 at the current market price rate.

and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value.

Or possibly cut to half?  BTC is highly volatile it goes up and down but Bitcoin does produce something like rumors and speculation that is far easier to sell than any asset WB stated  .

I wonder what would make Buffet change his perception of BTC.

He is already an old man, and old people always wanted to maintain their independence and sense of control[1], thus can be considered stubborn.  So thinking of how to make Buffet change his perception of BTC is just a waste of time.

[1] https://www.considerable.com/life/communication/stubborn-aging-parents/

[pooya87]

We can't know for sure if Mr. Buffett doubles the game all the time, but I’m personally more inclined to think he wouldn’t have dealt with such things in the old days - because if something like that were revealed, he would be labeled a liar. The question is how much does a man hold on to his reputation, and it seems to me that he would not sell it for a few billion $.

Well bitcoin provides a very unique utility which is to let people park some amount of money in a place where nobody could know or touch (unlike fiat in the banks). Rich people have always been looking for such opportunities and diversifying into bitcoin is a strong possibility.
Who cares about reputation when money and financial sovereignty is involved?
This is why I believe that there is a strong possibility that he and people like him already own a lot of bitcoin without letting anybody know.

[mindrust]

It is clear that he wanted to express that he does not believe in bitcoin as a good way to invest your money, that he does not see a future for it. He's from a different generation, he's not going to understand it at this point.

True. He died long time ago the problem is he don't know it yet. Time is pretty brutal on some people. Some think stuff still work like how they did in the past like 50 years ago. They can't accept the fact that everything changes over time. The new generation belongs to crypto&blockchain. The sooner these boomers get lost or accept this fact, the better it is for everybody.

[_act_]

I think Buffer's positioning makes sense and it's nice that he maintains his position even with the success of the asset.

It is good how Warren Buffet maintains his position? Do you know how many people that are misleaded with his negative sayings about bitcoin? Saying it is good for him to maintain his position which is just the way for some people not to know the right fact invest in bitcoin and earn more money, it is not good. What I can see is that that man is fixed to old fashion way but actually his ways is also positive, but he do not understand that the world will become more modern and there would be many new ways people are following, also in making money.

[Mauser]

Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25, and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value. I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.

Haha seriously? I missed that quote completely. Warren Buffet has been very critical about crypto coins in the past, but this seems to be a new level though. Honestly, like what the hell bitcoins are trading right now at 34.000 USD. Why would any sane person in the world sell his coins for $25 to Warren Buffet? It is like me saying I would buy all bitcoins for 1$. That is completely illusional. Warren Buffet is 91 years old, at his age it makes no sense to invest in bitcoins. Crypto currencies are a long term investment. And if he has no confidence in them or doesn't fully understand it he can just stay away. No reason to make fun of bitcoins and the investors. I really hope nobody is falling for his trick.

[Lucius]

Well bitcoin provides a very unique utility which is to let people park some amount of money in a place where nobody could know or touch (unlike fiat in the banks). Rich people have always been looking for such opportunities and diversifying into bitcoin is a strong possibility.

I agree that it is possible that Buffett may have Bitcoin all the time while speaking against, we can't know that. Somehow it doesn’t seem realistic to me that he and the people around him could successfully hide it for so many years. If he invested directly in BTC, he bought it through the OTC of some famous CEX (probably Coinbase) who then keeps it for him - but for people who have so much money it is certainly not difficult to hide the connections that lead to them.

Who cares about reputation when money and financial sovereignty is involved?
This is why I believe that there is a strong possibility that he and people like him already own a lot of bitcoin without letting anybody know.

I don't know if WB has had any scandals in his life, but it seems to me that he cares about maintaining his reputation, even after he is no longer alive. His view is that he will leave only 1% of his wealth to his children and donate the rest to charity, although some would say it is a bit hypocritical given that he has set up a $2 billion foundation for each of them

[husdemba]

Bitcoin has a limited supply and therefore it will always be of great value. We all need to make sure that Bitcoin will make new ATHs. Warren Buffett or anyone else can make speculative statements. Let's not lose our savings to these greedy people 

[MinMan]

He wouldn't buy it for 25 dollars because he thinks it was still expensive lol, I get him already. He wants bitcoin to go down up to a cent but he can be happier if someone will gave him bitcoins for free. Bitcoin does multiply if you will stake it or lend it to someone else and as a return they can give you more bitcoins. You can also buy more bitcoin when price dumps, that is how you multiply your bitcoin.

Bitcoin produce something, that is a profit. I think what he all said there was a lie and no one will believe on it. Why you are worried about him anyway? Just let him be, if that is his perception towards bitcoin. We don't need him on this space.

[kawetsriyanto]

I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.

We don't know what his purpose exactly is, but as far as I know he isn't a BTC lover or an old BTC holder. So, why we must think about his statement too much? He can speak as Elon Musk, trying to get attention or wants something from spreading FUDs. Whatever his statement, I don't think it will bring a big influence on the Bitcoin price. And I won't be surprised if BTC drops to $30k, $25k, or even $20k. We are in the bearish period, it is normal that the price of Bitcoin drops constantly. It isn't caused by Buffet's statement, it happens as it should.

[STT]

Just off that simple statement he makes, I would not buy into that scenario.    Think about it, if you hold all the BTC and nobody else does you are back to square 1.   $25 is an exaggeration but it does stand to reason that the tradable value is related to distribution and value held as a traded asset across millions of people.   
  If Satoshi suddenly reappears and we have 1 person with a disproportionate amount of BTC I do think the reaction and price of BTC for some time after would be far lower, 4 or 3 figures.   I can see why a figure like WB is so negative, but its not consistent with his willingness to ignore FIAT failings.

[Lucius]

If Satoshi suddenly reappears and we have 1 person with a disproportionate amount of BTC I do think the reaction and price of BTC for some time after would be far lower, 4 or 3 figures.

The fact is that no one can say for sure that Satoshi has 1 million or 500k BTC, these are just assumptions that stem from the fact that he was the first to mine and that at that time the reward per block was 50 BTC. Given that this gave him an advantage over everyone else, I believe he did not consider it moral to keep all that BTC at all and that he destroyed the private keys when he decided it was time for someone else to take over his role.

Even if Satoshi shows up and manages to prove that it's really him, does anyone think that would mean he has any bad intentions? Only those who have never understood what kind of man he was fear Satoshi coins. In addition, with the passage of time, some other people become much more important in this context. Grayscale has over 650k BTC, MS has almost 130k and that list is already quite long.