Warren Buffet saids: “Stay Away From Bitcoin”

[phMining]

One of the high ranking family member of the 13 inbred terrorist European Bloodline "Warren Buffet" tells his fans & investors to "stay away from Bitcoin."

You can find his excuses in the following articles below:

https://www.cryptocoinsnews.com/warren-buffet-stay-away-from-bitcoin/
http://www.forexminute.com/bitcoin/warren-buffet-oracle-omaha-suggests-investors-stay-away-bitcoin-2015-52383


Do you have any thoughts?

Unless this community gets its shit straight he could be exactly right. He says right in the article its easily "duplicated" which hes correct on. Let says banks around the world decide to piggyback a bitcoin like network, running their own nodes, their own mines for verification and leave BTC in the dust? They could very easily do this. "They" being a group Warren has a heavy influence in.

[kfarnan]

Who would use a centralized bank coin? Nobody..

[tyz]

He also said once he would not invest into technology companies (because he does not understand them).
http://www.businessinsider.com/why-buffett-doesnt-invest-in-technology-2014-3?IR=T

Recently, he invested into IBM and plans to invest in three more tech companies.
http://www.cnbc.com/id/102464032

Times and opinions are changing 

[ifightformerkel]

What he say and what he do, are two different things.

Maybe he say stay away, because he know, that when he say buy it RIGHT NOW, the price will go will rise too fast.
He buy now a lot of bitcoins for a cheap price and after a big company accept bitcoin and it will be sucessfull he say buy it, its the best thing in the world.
It is the first first decentralized currency and i bet he now very well what he is saying.

Never trust anyone for 100% when it goes about money, everyone will make profit. 

[BitmoreCoin]

He also said once he would not invest into technology companies (because he does not understand them).
http://www.businessinsider.com/why-buffett-doesnt-invest-in-technology-2014-3?IR=T

Recently, he invested into IBM and plans to invest in three more tech companies.
http://www.cnbc.com/id/102464032

Times and opinions are changing 

IBM is not just a tech company. It has continuous and positive cash flow like other companies invested by Buffet.

[Drogon]

One of the high ranking family member of the 13 inbred terrorist European Bloodline "Warren Buffet" tells his fans & investors to "stay away from Bitcoin."

You can find his excuses in the following articles below:

https://www.cryptocoinsnews.com/warren-buffet-stay-away-from-bitcoin/
http://www.forexminute.com/bitcoin/warren-buffet-oracle-omaha-suggests-investors-stay-away-bitcoin-2015-52383


Do you have any thoughts?

He has grown too old.

[dblink]

Fortunately, even a genius like Buffett is not always right
He is wrong about bitcoin. Period.

Since he raise an anti-statement about bitcoin, Warren Buffet never counted as wrong, Remember he is a successful entrepreneur. And his age is similar like our parents, If our parents say anything about bitcoin because of lack of knowledge, Will we behave badly with our parents or talk rudely with them because of these topics.

[oblivi]

He also said once he would not invest into technology companies (because he does not understand them).
http://www.businessinsider.com/why-buffett-doesnt-invest-in-technology-2014-3?IR=T

Recently, he invested into IBM and plans to invest in three more tech companies.
http://www.cnbc.com/id/102464032

Times and opinions are changing 

Warren holds some stocks in Visa and Mastercard. Ironically, the founder of Visa is now a member of the advisory board of Xapo. Meanwhile Warren is too old to get with the times and become a main Bitcoin holder now that he would still be able to before it becomes too expensive.

[neordicICE]

Everytime I see this thread bump I buy more BTC.
That's right Warren. You're reading this for sure.

[tyz]

i think he would change it's mind if Bitcoin would become a mainstream payment option.

He also said once he would not invest into technology companies (because he does not understand them).
http://www.businessinsider.com/why-buffett-doesnt-invest-in-technology-2014-3?IR=T

Recently, he invested into IBM and plans to invest in three more tech companies.
http://www.cnbc.com/id/102464032

Times and opinions are changing 

Warren holds some stocks in Visa and Mastercard. Ironically, the founder of Visa is now a member of the advisory board of Xapo. Meanwhile Warren is too old to get with the times and become a main Bitcoin holder now that he would still be able to before it becomes too expensive.

[bank of bits]

In the past, he has railed against Gold or other precious metals for many of the same reasons he criticizes Bitcoin, yet he still famous bought millions of dollars of Silver and then made a shit ton of money off of it.

[misterycoins]

Warren Buffet doesn't get technology nor does he invest in technology companies. I would be very surprised if he even handles his own emails.

[AtheistAKASaneBrain]

Here's Warren Buffet demonstrating once again why he has to be ignored when it comes to anything that has to do with technology:

http://www.youtube.com/watch?v=nrSB1sLgWLE


Would you trust your grandpa in how to operate your computer? Same shit.

Nope, grandpa cant ever go near my computer. He still has a pager actually. Warren did his thing, got lucky and is a smart guy but he's a dinosaur now and on his way out. He's vies on Bitcoin hold no weight with me.

Warren got some amazing long term picks, he got so damn rich with Coca Cola alone, but that's about it. What's nonsense is his followers doing every single thing he says, even if he has no idea about technology.

[faridkifly]

Why we must stay away from bitcoin?but, at the same time bitcoin is good investment

[Amph]

In the past, he has railed against Gold or other precious metals for many of the same reasons he criticizes Bitcoin, yet he still famous bought millions of dollars of Silver and then made a shit ton of money off of it.

so maybe all this no-sense from him is a strategy to have less competitors, and he is planning to invest a big amount for the future, secretly....

i very good and experienced investor like him should not be scared to invest in nothing, so it should strange that he is advising this...

[tyz]

And what about IBM? As far as I know it is a technology related company 
http://fortune.com/2015/05/15/warren-buffett-ibm-investment/

Warren Buffet doesn't get technology nor does he invest in technology companies. I would be very surprised if he even handles his own emails.

[H_H]

One of the high ranking family member of the 13 inbred terrorist European Bloodline "Warren Buffet" tells his fans & investors to "stay away from Bitcoin."

You can find his excuses in the following articles below:

https://www.cryptocoinsnews.com/warren-buffet-stay-away-from-bitcoin/
http://www.forexminute.com/bitcoin/warren-buffet-oracle-omaha-suggests-investors-stay-away-bitcoin-2015-52383


Do you have any thoughts?

Warren Buffet has a ton of KLOUT in old world investing, his vast holdings probably include public and even private companies that churn btc into fiat.

We have a 50 Klout score on one of our bitcoin accounts and a top 1% expert klout rating

We say btc is no longer an 'investment hold' it's great to churn btc into fiat

Reasons we say that as KLOUT EXPERTS is

a. negative value growth 18 months
b. stress test FAILURE in our opinion of the BTC nodes

So we are bullish on using btc but no holding it

All the SM noise on btc and our bitcoin accounts all have clout and one is a major bitcoin EXPERT on Klout

lots of tech companies take btc still and almost all churn it

So it's a PAYMENT CHANNEL NOW and if you don't get caught in a day when the value is on a roller coaster it's a great payment channel now IN OUR EXPERT OPINION

If you expect btc to go to 3K from the sub 300 btc values now, no one can say it will or won't

18 month trend is btc is dead

YET IF YOU HAVE 1M value in btc, I'm sure the ceo's of Buffets companies would churn that btc into fiat to offer you whatever his empire does now

hah

[Coins168]

Warren Buffet wants to earn money the old school way.

[BTCFaucets]

Just because he has been mostly right so far, does not mean he will be right forever. He is only human and no mortal can predict the future

[Warren Buffet]

Warren Buffet wants to earn money the old school way.

Not really.

https://en.wikipedia.org/wiki/The_Giving_Pledge