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Author Topic: 2014-04-05 Motley Fool - Here's Why Warren Buffett is Right About Bitcoin  (Read 1092 times)
TheIrishman
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April 06, 2014, 12:30:22 PM
 #1

Here's Why Warren Buffett is Right About Bitcoin

http://www.fool.com/investing/general/2014/04/05/heres-why-warren-buffett-is-right-about-bitcoin.aspx
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April 06, 2014, 04:20:59 PM
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If he is right what are you doing here??

Warren think that there is better to stay away from Bitcoin ...
Do you think he is right?
CoinMode
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April 06, 2014, 05:45:40 PM
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If he is right what are you doing here??

Warren think that there is better to stay away from Bitcoin ...
Do you think he is right?

Warren said bitcoin is not real and like a mirage. We have no conclusive way of knowing if he actually believes that statement.
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April 06, 2014, 07:12:35 PM
 #4

Good article.  I agree that speculation should only be with a small portion of your portfolio for the average person.

If you're a little younger, you can "afford" to take a few more risks.  But just be sure to monitor when those risks become too great and when it's time to reduce your level of risk and shift some risk to other investments.

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
TheIrishman
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April 07, 2014, 01:32:53 AM
 #5

If he is right what are you doing here??

Warren think that there is better to stay away from Bitcoin ...
Do you think he is right?

I just posted the link to the article, that doesn't mean I agree with it... Huh
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April 07, 2014, 01:51:26 AM
 #6

Tech heavyweight Marc Andreessen says bitcoin is yet another technology Buffett simply doesn't understand.

Kind of agree with Marc on this point hes fine with his trains although I guess he and Dorian share something in common ^_^

Does bitcoin have a competitive advantage in the virtual currency business? Absolutely. Will that advantage last for decades? Maybe, but maybe not.

Anyways thanks for the interesting article
cryptoanarchist
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April 07, 2014, 02:17:16 AM
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Isn't Buffet just a fat-cat insider?

I'm grumpy!!
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April 07, 2014, 04:45:41 AM
 #8

Sometimes old age can negatively affect reasonable thinking. Same has happened with Warren Buffet. Leave him, he is well past his prime.

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