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Author Topic: Warren Buffet advise not to buy bitcoin. Expect bitcoin price to collapse.  (Read 8628 times)
NotLambchop
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January 03, 2015, 01:26:37 PM
 #101

...
Please tell me HOW he became rich.

Thanks.

By not investing in BTCeanie BTCabies Bitcoin.
UR welcome.
BrewCrewFan
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January 03, 2015, 08:07:22 PM
 #102

When dude pays back the millions he owes in back taxes I might take something he says for a grain of salt, until then....

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Kipsy89
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January 03, 2015, 08:13:20 PM
 #103

It is funny how people can claim that Bitcoin is a scam when its workings are open and plain for everyone to see, really!!! It could only be a scam when there was someone in control over it and in the position to influence/control it in any way he/she wants! It is a risky investment, yeah, but definitely not a scam or a Ponzi scheme!

NotLambchop
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January 03, 2015, 08:15:46 PM
 #104

When dude pays back the millions he owes in back taxes I might take something he says for a grain of salt, until then....

A bitcoiner who believes in paying taxes.  Finally.
masterluc
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January 03, 2015, 08:33:50 PM
 #105

Old fart

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January 03, 2015, 08:40:10 PM
 #106

Old fart

What?

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Armis
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January 03, 2015, 09:01:49 PM
 #107



LOVE IT  ahahahahahaaaaa Grin

even better that it wasn't a newbie account created specifically for the post ...
HeliKopterBen
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November 30, 2015, 11:05:49 PM
 #108

Warren Buffet saying bitcoin is a scam:

http://www.businessinsider.com/warren-buffett-money-tips-for-2015-2014-12

How is this going to affect price?

Looks like up.  Buffet has one month to go before he is dead wrong.  Bitcoin began the year at 316.

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
Moneyburner
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November 30, 2015, 11:14:25 PM
 #109

When dude pays back the millions he owes in back taxes I might take something he says for a grain of salt, until then....

Wheres the source on this one... if he actually owed taxes the government would of had it by now...

Your basically saying that you know for a fact he owes millions in taxes yet the government has no clue  Roll Eyes

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Alley
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November 30, 2015, 11:15:57 PM
 #110

Buffet is a smart guy but I would not take any advice from the elderly on new game changing tech related ideas, stocks, company, bitcoin...
Wilhelm
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November 30, 2015, 11:21:57 PM
 #111

It's Buffett

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November 30, 2015, 11:23:13 PM
 #112

Maybe he was just fudding to buy cheaper eh?

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dloghwak
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November 30, 2015, 11:35:58 PM
 #113

Buffet is a smart guy but I would not take any advice from the elderly on new game changing tech related ideas, stocks, company, bitcoin...
+1
Furthermore he often does the opposite what he is preaching.
shamati
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November 30, 2015, 11:58:52 PM
 #114

Buffet is a smart guy but I would not take any advice from the elderly on new game changing tech related ideas, stocks, company, bitcoin...
+1
Furthermore he often does the opposite what he is preaching.

Warren Buffet..... Good luck  Grin

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December 01, 2015, 12:07:02 AM
 #115

Warren Buffet saying bitcoin is a scam:

http://www.businessinsider.com/warren-buffett-money-tips-for-2015-2014-12

How is this going to affect price?

Looks like up.  Buffet has one month to go before he is dead wrong.  Bitcoin began the year at 316.
This prediction is going to be busted in an immense way. It is surging now without a blip in the opposite direction. He is from old money, borned and raised on it, so what does he know that New Money is all about? He should renounce those words in an article for next months issue titled "I am stupid for assuming that bitcoin is a waste of time!".
Just in time before the new year of bitcoins success story starts.

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jasonjm
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December 01, 2015, 01:04:55 AM
 #116

all these guys talk the opposite of their book (buffet, soros, etc).

their primary goal is to rape the public out of every cent they can.


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ROT13
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December 01, 2015, 12:50:24 PM
Last edit: December 02, 2015, 02:13:24 AM by ROT13
 #117

Quote from: WarrenBuffet
It’s a method of transmitting money. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money?

Anyone who makes a statement as ignorant as that is the last person who you should look to for advice on the potential value of bitcoin.  Your track record means nothing if you haven't done your homework.
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December 01, 2015, 07:46:31 PM
 #118

Quote from: WarrenBuffet
It’s a method of transmitting money. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money?

Anyone who makes a statement as ignorant about that is the last person who you should look to for advice on the potential value of bitcoin.  Your track record means nothing if you haven't done your homework.
That is very true but the old school people always will look at the past track records to get their results from. To them this is proven, so they are taking no risk. That is the problem with the older generations, they don't want to take that risk if an investment isn't proven to yield profits for them during a certain amount of time.
To them bitcoin is just an experiment and they are watching and waiting until it's time has expired.
That of course is not going to happen.

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December 01, 2015, 08:45:38 PM
 #119

Reminds me of the faillllling clone "Warren Buffer"  Cheesy

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
ROT13
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December 02, 2015, 02:25:02 AM
 #120

Quote from: WarrenBuffet
It’s a method of transmitting money. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money?

Anyone who makes a statement as ignorant as that is the last person who you should look to for advice on the potential value of bitcoin.  Your track record means nothing if you haven't done your homework.
That is very true but the old school people always will look at the past track records to get their results from. To them this is proven, so they are taking no risk. That is the problem with the older generations, they don't want to take that risk if an investment isn't proven to yield profits for them during a certain amount of time.
To them bitcoin is just an experiment and they are watching and waiting until it's time has expired.
That of course is not going to happen.

By using this analogy its obvious he hasn't even done enough research to know that it is finite, scarce and able to be a store of value, however rudimentarily it fulfills that function at present.  What sort of an expert is that blase about giving advice on where you invest your money?
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