A tip by Bill Gates: buy Bitcoin | Bitcointalksearch.org

wriizo

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Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

Lol, this does not mean that the huge BTC raise is coming, I mean it could mean but why do you think it will if Bill Gates says so? The man is a genius don't get me wrong but that does not give him the power to predict the future.

Coffee135

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The opinion of bill gates may not have any value. He didn't become a millionaire because he's very smart. He became rich because of the occasion. Bill is a man of the last century. He didn't have the intelligence to see Google's big prospects. All the wealth of Microsoft is founded on a monopoly. Who cares what he thinks?

newwest

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Quote from: Idrisu on March 22, 2018, 12:20:41 PM

BILL Gate spoke well of bitcoin before and I did not understand why he has to change and attacked it of recent. I think he might be trying to play politics around cryptocurrencies so that governments will score cheap goal. However, we are in the era were knowledge are ban and bitcoin give us that freedom and control of our finance which is something the elites hate.

Possible way that he wants to buy and knows that when he says it will have a impact and market will fall if told negative. And then once it has fallen the company will buy a huge qty of coins at lesser rate and then with some rise might sell off and make the gains.

Idrisu

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BILL Gate spoke well of bitcoin before and I did not understand why he has to change and attacked it of recent. I think he might be trying to play politics around cryptocurrencies so that governments will score cheap goal. However, we are in the era were knowledge are ban and bitcoin give us that freedom and control of our finance which is something the elites hate.

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Quote from: cryp24x on March 22, 2018, 12:00:26 PM

"It's easy to criticize something that you don't fully understand".

That's a fact just like Warren Buffett and other economists and financial experts who are FUDDING about bitcoin. I thought before that BG is telling us that bitcoin is something that is going to grow in the future but it seems that he changed and now going into sideways with bitcoin.

Quote from: cryp24x on March 22, 2018, 12:00:26 PM

Everyone has their own right to give their opinion.

But sometimes that freedom is becoming the tool of those that wants to take the advantage of getting into something.

cryp24x

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"It's easy to criticize something that you don't fully understand".

Bill Gates statement about anonymity on Bitcoin technology just proved that he doesn’t really understand what is really happening today. Anonymity on Bitcoin was not there anymore since we are required to reveal our true identity thru KYC from our exchange platform to convert Bitcoin into Fiat.

Everyone has their own right to give their opinion. We also have the right if we will accept their opinion or not. As for me, I have decided to reject negative thoughts and look forward to what Bitcoin's has to offer.

Stedsm

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Quote from: pixie85 on March 03, 2018, 05:36:13 PM

Quote from: Stedsm on March 03, 2018, 12:26:22 PM

I exactly don't know where did he try to FUD about Bitcoins? Can anyone please provide me a source to check for the same? I can't believe that someone who was once in favor of this technology, would do it.

Here you go:
http://fortune.com/2018/02/27/bill-gates-on-bitcoin-ripple-price-reddit-2018/
https://www.cnbc.com/2018/02/27/bill-gates-calls-cryptocurrency-super-risky-in-reddit-ama.html

The government's ability to find money laundering and tax evasion and terrorist funding is a good thing," he wrote. "Right now, cryptocurrencies are used for buying fentanyl and other drugs, so it is a rare technology that has caused deaths in a fairly direct way."

Thanks for giving me the exact source, I'm now satisfied with what he said. He's concerned for the good of both sides, be it this technology or people. He just doesn't want this tech to be exploited and go to dark, but I believe that all he wants is a proper bitcoin that stops being used in the "dark" deeds.

Quote from: pixie85 on March 03, 2018, 05:36:13 PM

Quote from: Stedsm on March 03, 2018, 12:26:22 PM

Do you guys really think that anyone, I mean even Bill Gates, should be given that authority to turn the tables for Crypto by playing with our minds and making us change our decisions? Aren't we concerned about Bitcoins? Will him or anyone change our perspective towards Bitcoins?

No, but I don't think that anybody is giving him this authority. He's expressing personal opinion and it's not his fault some people are putting him on a pedestal.

I'm sorry I was drawn away by watching the OP that said it in a very negative way (just like media). We should watch out, clarify and stop what's happening on the wrong end in order to have our dreams succeed by watching Bitcoins growing back higher. Looks like saying for the betterment of people proved to be a foot-in-mouth situation for Bill Gates. We're not bound by what anybody thinks, we should do our own research before investing. It was his opinion and is now appreciated by my end.

samcrypto

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Quote from: sindikat on March 03, 2018, 12:36:15 PM

Bill gates is not my authority. He certainly has a lot of money but it happened by accident. Microsoft remains a leader in the software market only because it uses a monopoly position. He has repeatedly been fined for this by the Antimonopoly Committee. I don't see the manifestation of his personal intellectual. Why should I listen to his opinion?

Precisely, don’t depend on any speculation coming from people like Bill Gates who said negative things about cryptocurrency before. He’s losing his mind because of too much money he own so better to make your own study about bitcoin, because in the first place its worth buying for.

1Referee

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Quote from: iv4n on March 06, 2018, 02:42:23 AM

He lost his mind from all that money he have, first he say one thing, after he say something completely different, he is rich and he can, but fools are the ones who trust him.

You may think that he completely changed his stance, but that's not the case. I think from all the traditional billionaire farts, Bill Gates is probably the mildest one when it comes to Bitcoin. People shouldn't just pay attention to whatever news articles twisting words to make them either look positive, or negative. He acknowledged the usefulness nature of cryptos, but he also has it doubts, which he has been open about lately. People may not like his wording (I don't like it either), but it's his opinion and pretty understandable from his position. Crypto will at some point create a new elite of insanely wealthy individuals, where I strongly believe that eventually, they will take over the traditional billionaires by wealth, and this new elite will have a completely different way of thinking.

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Quote from: hacekd on March 06, 2018, 01:41:44 AM

Quote from: Slark on February 28, 2018, 04:19:08 PM

Gates is not trying to buy bitcoin, he is already rich beyond belief. I think he is genuinely trying to FUD because he believes that Bitcoin will fail.
I can't count the times where someone famous and 'knowledgeable' was trying to discredit cryptocurrency.
Honestly, people linked to old establishment are not reliable source of facts about Bitcoin.

Microsoft founder Bill Gates has not talked much about the matter lately, but he has expressed a positive opinion in the past.

"Bitcoin is very interesting because it shows how cheap it is," said billionaire Bill Gates

He lost his mind from all that money he have, first he say one thing, after he say something completely different, he is rich and he can, but fools are the ones who trust him.
Even that quoted sentence doesn't mean much, bitcoin is interesting cause it shows how cheap it is, from all the good sides that bitcoin have he pointed that out? What a stupidity, from a man on that position I expect much more.
Crypto is something unique, in past few years many very rich people, in news presented as intellectuals, smarter and better then others showed their true faces! All this rich people are pigs, they are not smart and good, they just trying to keep this system running while they enjoy, well that's why I like blockchain even more, equality can be achieved with blockchain, and just blockchain can make this world a better place for all of us, this pigs in power would like everything to stay the same, but that is impossible, revolution is here.

hacekd

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Quote from: Slark on February 28, 2018, 04:19:08 PM

Gates is not trying to buy bitcoin, he is already rich beyond belief. I think he is genuinely trying to FUD because he believes that Bitcoin will fail.
I can't count the times where someone famous and 'knowledgeable' was trying to discredit cryptocurrency.
Honestly, people linked to old establishment are not reliable source of facts about Bitcoin.

Microsoft founder Bill Gates has not talked much about the matter lately, but he has expressed a positive opinion in the past.

"Bitcoin is very interesting because it shows how cheap it is," said billionaire Bill Gates

Tigorss

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Quote from: Idrisu on February 28, 2018, 04:02:02 PM

Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

I also read this news today online and I was thinking that he is trying to create fud in other to bring bitcoin price down so he and his associates will put big money into it as this has been the behaviors of some of them. However like you have said now provides the best time for any one that is interested in investing into cryptocurrencies and bitcoin to put in money as in years to come bitcoin will be out of reach of the common man!

I read a news Bill Gates said that the anonymous nature of blockchain technology as the basis of cryptocurrency could have a very bad impact.
it could happen, and it will have a bad impact going forward, but that's not certain, all can be different

Herbert2020

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Quote from: pereira4 on March 04, 2018, 09:07:59 AM

Quote from: Jating on February 28, 2018, 09:36:29 PM

Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

First, it was Steve Wozniak saying that bitcoin is a scam because he lost it to someone. Lol.

The Bill Gates starts to attack bitcoin.

Coincidence?

Or are they just trying to pull the price down so that they can buy at cheap price just like we always wanted. But the thing is that this two has billions of dollars that they can burn. And a pullback will get them in a better opportunity to buy at a discount and stash it in their wallet and accumulate overtime.

But I'm pretty disappointed with Bill Gates though, how does a titan like him doesn't appreciate what bitcoin can bring to the people? I thought he is anti-poor, but attacking bitcoin doesn't look good at his image in my opinion.

Wozniak lost like 7 bitcoins... I saw it on the news. Guy has a network of probably hundreds of millions, he will be allright.

The irony is that the very rich who get into bitcoin usually don't put as much effort into securing their coins as any of us mortals would do if we had 7 bitcoins. We would treat 7 bitcoins as radioactive material, that is put into cold storage and properly secured. For them 7 bitcoins is a joke.

Anyway, he said that he is now more interested in "blockchain technology" than bitcoin. What a moron. No wonder he lost his coins.

to be clear he didn't lose his 7 bitcoin because of not securing it or not using cold storage. instead he lost it when selling his coins to someone using reversible fiat methods. i believe it was a stolen credit card situation where the bank reversed the transaction after the trade was done and he gave his bitcoin to receive the stolen money. so if anything that is the fault of banking system!

pereira4

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Quote from: Jating on February 28, 2018, 09:36:29 PM

Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

First, it was Steve Wozniak saying that bitcoin is a scam because he lost it to someone. Lol.

The Bill Gates starts to attack bitcoin.

Coincidence?

Or are they just trying to pull the price down so that they can buy at cheap price just like we always wanted. But the thing is that this two has billions of dollars that they can burn. And a pullback will get them in a better opportunity to buy at a discount and stash it in their wallet and accumulate overtime.

But I'm pretty disappointed with Bill Gates though, how does a titan like him doesn't appreciate what bitcoin can bring to the people? I thought he is anti-poor, but attacking bitcoin doesn't look good at his image in my opinion.

Wozniak lost like 7 bitcoins... I saw it on the news. Guy has a network of probably hundreds of millions, he will be allright.

The irony is that the very rich who get into bitcoin usually don't put as much effort into securing their coins as any of us mortals would do if we had 7 bitcoins. We would treat 7 bitcoins as radioactive material, that is put into cold storage and properly secured. For them 7 bitcoins is a joke.

Anyway, he said that he is now more interested in "blockchain technology" than bitcoin. What a moron. No wonder he lost his coins.

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Quote from: Stedsm on March 03, 2018, 12:26:22 PM

I exactly don't know where did he try to FUD about Bitcoins? Can anyone please provide me a source to check for the same? I can't believe that someone who was once in favor of this technology, would do it.

Here you go:
http://fortune.com/2018/02/27/bill-gates-on-bitcoin-ripple-price-reddit-2018/
https://www.cnbc.com/2018/02/27/bill-gates-calls-cryptocurrency-super-risky-in-reddit-ama.html

The government's ability to find money laundering and tax evasion and terrorist funding is a good thing," he wrote. "Right now, cryptocurrencies are used for buying fentanyl and other drugs, so it is a rare technology that has caused deaths in a fairly direct way."

Quote

Do you guys really think that anyone, I mean even Bill Gates, should be given that authority to turn the tables for Crypto by playing with our minds and making us change our decisions? Aren't we concerned about Bitcoins? Will him or anyone change our perspective towards Bitcoins?

No, but I don't think that anybody is giving him this authority. He's expressing personal opinion and it's not his fault some people are putting him on a pedestal.

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Gates is not an expert investor, you can't really rely on him in those matters. There are many things that he's afraid of and that he doesn't understand. He's not even running his own company anymore, just focusing on life in luxury.
At least he's not anti-bitcoin. He likes it, but from what he's saying you can see that he's not a libertarian. He loves that bubble that he's living in, where he's just a puppet that makes money for the state.

bocyaj

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Quote from: sindikat on March 03, 2018, 12:36:15 PM

Bill gates is not my authority. He certainly has a lot of money but it happened by accident. Microsoft remains a leader in the software market only because it uses a monopoly position. He has repeatedly been fined for this by the Antimonopoly Committee. I don't see the manifestation of his personal intellectual. Why should I listen to his opinion?

Ya it's my money so I can inverse in any asset with respect to my wish.Now bitcoin price was at the top so ,I would like to inverse in such assets.To be honest,I had got huge dollars in the continues investing.Most of my shares was in bitcoin only and the remaining are in gold and silver.

Virtual miner

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Quote from: debuni on February 28, 2018, 05:48:06 PM

Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

He's FUDing Bitcoin now... in 2015 his opinion was at 180o. Back then he said something like that Bitcoin have a great future and we must accelerate the Bitcoin revolution and acceptance.

Don't listed Gurus and Bankers. Listen your common sense and learn from your mistakes.

Yes true that it takes me back to 2015 when he said, "Bitcoin is better than currency in that you don't have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient." (Source: https://www.cnbc.com )

Also having said, "We need things that draw on the revolution of bitcoin, but bitcoin alone is not good enough." (Source: https://www.cnbc.com ) Gates kept his track clear. So yea its worthwhile to listen to such opinions but at the same time one must try to make out the decisions rationally after due consideration of all the surrounding factors.

sindikat

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Bill gates is not my authority. He certainly has a lot of money but it happened by accident. Microsoft remains a leader in the software market only because it uses a monopoly position. He has repeatedly been fined for this by the Antimonopoly Committee. I don't see the manifestation of his personal intellectual. Why should I listen to his opinion?

Stedsm

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I exactly don't know where did he try to FUD about Bitcoins? Can anyone please provide me a source to check for the same? I can't believe that someone who was once in favor of this technology, would do it.
But if he did, all he's trying to do is to tingle the markets by jingling the heads of the common man making him think a thousand times before buying this - to stop the circulation of fiat into cryptocurrencies. I believe that this guy might be scared enough to see something that's gradually gaining too much value overnight as well as their capitalization. If he want, he can juggle the whole world with the tap of his finger (and you know why). This is our community, and our commitment to Bitcoins. Do you guys really think that anyone, I mean even Bill Gates, should be given that authority to turn the tables for Crypto by playing with our minds and making us change our decisions? Aren't we concerned about Bitcoins? Will him or anyone change our perspective towards Bitcoins?

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I wonder how much death, rape, abuse and horror Windows has enabled over the years. Probably rather a lot of it. Does it mean Windows is evil? It probably is but for reasons other than that.

Bill's fortune is in dollars, his trade was creating and controlling markets, his calling is to cure the world.

All of those things point to a fondness for paternalism which is the antithesis of what BTC is about.

Denker

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Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

Well it looks like Billy Boy is the perfect counter indicator. Cheesy

Whatever he has to say about new technologies, do the exact opposite and you'll do great.
Especially in the long term as he absolute isn't a guy with a vision.
Never was an admirer of him or his company.
That guy is just another tech monopolist who wants to control and rule over others.

Fafabol

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Quote from: timerland on March 02, 2018, 10:21:27 PM

You never trust a single party when evaluating your investments. I've had multiple trustworthy friends that told me that BTC is a ponzi, I researched and I found it absurd. They missed out on profits by going with the popular opinion. If you don't realize this, you will too.

That's why it's better to do your own research before jumping to conclusion because you'll never what's true if you don't do anything. Some are to just misleading people so they can benefited to it later on and that's why FUDing was born.

And whatever these known people will say it's all up to us whether to believe it or just let it pass to our ears. The one who'll easily believe to them without doing nothing will be regretful sooner.

terrific

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Bill Gates did said something about cryptocurrency that we can't accept but you are basing your point on what happened oppositely.
Whether Bill Gates will say something about bitcoin or crypto's again, I'm very optimistic on it.
He's like the first ones who said FUD about bitcoin so look at the impact now, price is moving up.

timerland

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Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

Hey, we do not know what he's thinking when he made those comments on reddit ama.

His only argument is apparently the decentralization and anonymization of payments is detrimental, because of the fact that they are being used on the dark web. But are people really going to stop using fentanyl just because there is no bitcoin? I don't think so.

Even if they do, that's their choice. It has nothing to do with bitcoin as a currency.

I think that he is making some uninformed arguments, that is all.

You never trust a single party when evaluating your investments. I've had multiple trustworthy friends that told me that BTC is a ponzi, I researched and I found it absurd. They missed out on profits by going with the popular opinion. If you don't realize this, you will too.

followmenot

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I personally think bill gates gave somekinda default liberal reaction: "if it is using by liberals so it might be dangerous". I am quite sure he already uses some of these crypto currencies but don't trust em that much.

CryptoBry

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Quote from: Slark on February 28, 2018, 04:19:08 PM

Gates is not trying to buy bitcoin, he is already rich beyond belief. I think he is genuinely trying to FUD because he believes that Bitcoin will fail. I can't count the times where someone famous and 'knowledgeable' was trying to discredit cryptocurrency. Honestly, people linked to old establishment are not reliable source of facts about Bitcoin.

The man belongs to the generation which is holding to their traditional view of many things and we have to give him the privilege to say whatever he wanted to say without necessarily following his ideas and opinions especially on something new like cryptocurrency. Bill Gates is not the expert or the man to-go-to when it comes to cryptocurrency so his own opinion on anything is as good as yours and mine. Besides, he is not a god that can predict with 100% accuracy what can happen into the future.

Pursuer

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like always people are making this bigger than it deserves to be. what Bill Gates said was more like a random thought among a lot of other things and like always the news loves these things and only highlights them out of context and then everyone starts repeating them.

and to be fair you should never buy bitcoin based on these things. you either understand bitcoin and see its potential and then buy or you don't see it and you should stay away from bitcoin let those who see the potential enjoy being the "new wealthy elite" because they took the leap of faith and became early adopters.

magneto

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Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

I mean, he's right about the speculative ICO bubble.

Even though the points he mentions has some sense to them, I think he fails to give the average Joe reading the article who knows nohting about bitcoin a chance to decide for themselves. He basically fails to mention any of the positives bitcoin bring, such as decentralisation which many legitimate people on this forum love bitcoin for.

At the end of the day, he's not going to be the one affecting bitcoin price. Doesn't mean that it's definitely going up because he said what he said either.

Quote from: gabmen on March 01, 2018, 12:29:44 AM

Quote from: Slark on February 28, 2018, 04:19:08 PM

Gates is not trying to buy bitcoin, he is already rich beyond belief. I think he is genuinely trying to FUD because he believes that Bitcoin will fail.
I can't count the times where someone famous and 'knowledgeable' was trying to discredit cryptocurrency.
Honestly, people linked to old establishment are not reliable source of facts about Bitcoin.

On the contrary, he may be saying this to try and drag back down the price of btc so he can get in at a much lower rate. Even for people with gates' stature, he'd still wish to buy in a lower price to maximize profit. I think he sees btc's potential already and is seriously considering crypto.

He may. But does his opinion really count towards anything in the market? I think that he is probably genuinely trying to warn people about bitcoin's negatives. Which there are many. But I think the positives that bitcoin bring grossly outweigh the negatives here.

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Quote from: Slark on February 28, 2018, 04:19:08 PM

Gates is not trying to buy bitcoin, he is already rich beyond belief. I think he is genuinely trying to FUD because he believes that Bitcoin will fail.
I can't count the times where someone famous and 'knowledgeable' was trying to discredit cryptocurrency.
Honestly, people linked to old establishment are not reliable source of facts about Bitcoin.

On the contrary, he may be saying this to try and drag back down the price of btc so he can get in at a much lower rate. Even for people with gates' stature, he'd still wish to buy in a lower price to maximize profit. I think he sees btc's potential already and is seriously considering crypto.

batang_bitcoin

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If I can remember, he told that bitcoin will be great in the future before. But I can't remember on when exactly he did said this, I just watched that video on youtube when he was interviewed but I can't find it anymore.

Quote from: richardsNY on February 28, 2018, 05:19:16 PM

I think we just have to accept that the older traditional elite will never fully understand Bitcoin

+1 on this, I saw this on Warren Buffett.

jseverson

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Quote from: pooya87 on February 28, 2018, 11:34:51 PM

this would have been true only if he wasn't praising bitcoin before! this news is a complete 180 degree change.

Well, as far as I can remember, in a nutshell, he initially praised Bitcoin for its potential for money transfers, and how that could be useful for the developing world. He didn't reverse this position at all during the AMA. He simply went overboard and said that crypto is being used to buy fentanyl, etc. which makes it directly responsible for some deaths. He also knocked it for its "focus on anonymity", which, I would say, is an indication that he knows little about the technology.

Either way, his statements fit together; you can embrace one aspect and dislike another. It's not like his opinions matter anyway.

pooya87

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Quote from: Slark on February 28, 2018, 04:19:08 PM

I think he is genuinely trying to FUD because he believes that Bitcoin will fail.

this would have been true only if he wasn't praising bitcoin before! this news is a complete 180 degree change.
and lets not forget that the "praise" was a real quote from himself talking about bitcoin and how it is a good thing, and this new thing about how "bitcoin is killing people" is just a random comment on Reddit from his IAMA. so who knows who was answering the questions on reddit on his behalf. even if he was answering himself he might have meant the FUD because Microsoft is going to release a cryptocurrency! that wouldn't be the first time someone chose this method...

Jating

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Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

First, it was Steve Wozniak saying that bitcoin is a scam because he lost it to someone. Lol.

The Bill Gates starts to attack bitcoin.

Coincidence?

Or are they just trying to pull the price down so that they can buy at cheap price just like we always wanted. But the thing is that this two has billions of dollars that they can burn. And a pullback will get them in a better opportunity to buy at a discount and stash it in their wallet and accumulate overtime.

But I'm pretty disappointed with Bill Gates though, how does a titan like him doesn't appreciate what bitcoin can bring to the people? I thought he is anti-poor, but attacking bitcoin doesn't look good at his image in my opinion.

BitHodler

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Quote from: Lionel on February 28, 2018, 02:00:13 PM

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

It doesn't mean anything. Bitcoin will go up regardless of what people are saying or thinking. It has been like that for years now, and that continuously. You are just trying to connect dots that can't be connected at all.

Bill Gates shared his opinion, which honestly speaking wasn't all that negative. People here tend to exaggerate everything when it comes to high level figures speaking out in a way that doesn't match their way of thinking.

Whatever his motivation was to speak out like that, it doesn't and shouldn't concern anyone here. We have seen other high level figures actually trying to tarnish Bitcoin's public image, which is far worse........

tomahawk9

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Cats on Mars

Quote from: richardsNY on February 28, 2018, 05:19:16 PM

I don't consider this to fit in the category of fud -- to me it looks like a pure form of ignorance

Quote from: TryNinja on February 28, 2018, 05:27:55 PM

I agree with richards. It's more about ignorance than FUD.

Ignorance they say, sure, one of the masterminds behind the most famous OS in the world simply lacks knowledge about the blockchain and cryptocurrencies, both that have been around for years now...but let's say that's true, he's ignorant (tbf, he said "the main feature of cryptos is anonymity", so there's that), then, is he only repeating what he read on the media? if that was his only source of information about cryptocurrencies then he could've kept his mouth shut and address his concerns to other people.

Also, you guys call him ignorant, I'd call him a hypocrite: https://ripple.com/insights/news/ripple-the-gates-foundation-team-up-to-level-the-economic-playing-field-for-the-poor/
And they also support Factom, a blockchain techonology used by the Gates Foundation and the U.S. Department of Homeland Security (no wonder Bill was so worried about anonymity)

Let's be honest, he had an agenda (he even used the same old drug argument we see on the news all the time), someone asked him about cryptocurrencies and he immediately started spreading negative information rather than the good use cases of cryptocurrencies or the technology behid them, he knows he can influence public opinion, and one way or another, what he said could change the perception of the average joe about cryptocurrencies and ultimately scare people away. FUD or not, what he said wasn't because of ignorance.

debuni

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Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

He's FUDing Bitcoin now... in 2015 his opinion was at 180o. Back then he said something like that Bitcoin have a great future and we must accelerate the Bitcoin revolution and acceptance.

Don't listed Gurus and Bankers. Listen your common sense and learn from your mistakes.

TryNinja

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I agree with richards. It's more about ignorance than FUD. Can you give at least one reason on why Bill Gates would try to "destroy" cryptocurrencies? People seriously need to stop with the "he just wants to buy cheap" conspiracy theories whenever someone says something bad about Bitcoin and/or cryptos. Let's not start hating him because he's not part of our "group".

About Gates saying that cryptocurrencies are bad because they facilitate laundering and terrorist funding: New Research: Laundering of Illicit Funds Less than 1% of Bitcoin Transactions

richardsNY

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I don't consider this to fit in the category of fud -- to me it looks like a pure form of ignorance, which is something more high level entities seem to suffer from when it comes to crypto in general. I think we just have to accept that the older traditional elite will never fully understand Bitcoin, because for them it doesn't add anything of value to their life. It's safe to say that if we were standing in their position, we wouldn't have much to complain about either, and have not much left to strive for. Regardless of Bill's ignorance, I respect him a lot, because he has been very important to the world with everything he did in his life, which can't be said about old fart Warren Buffett.

Eternu

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We all have our opinions, so does Bill Gates. He made enough money for several life's, but that doesn't give him some power to predict future with 100% certainty. He could be right about this, or he could be wrong... that is his opinion. At the end it all comes to what you believe and nothing more.
Time of regulations is coming, but before that, price of bitcoin could go up a bit more. But honestly, I don't think this is the right time for buying.

juicyjanet88

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MFG Token Sale - 1st of January

Because someone was wrong before they will be wrong again? Doesn't seem like the sort of wisdom I would advise someone to risk their life savings on.

Bill Gates has been wrong before and I think he's wrong on this but we really do not know, he also didn't actually say that no one should buy bitcoin, he just spoke about it being used to fund criminal activities.

Slark

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Gates is not trying to buy bitcoin, he is already rich beyond belief. I think he is genuinely trying to FUD because he believes that Bitcoin will fail.
I can't count the times where someone famous and 'knowledgeable' was trying to discredit cryptocurrency.
Honestly, people linked to old establishment are not reliable source of facts about Bitcoin.

Idrisu

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Quote from: Lionel on February 28, 2018, 02:00:13 PM

Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

I also read this news today online and I was thinking that he is trying to create fud in other to bring bitcoin price down so he and his associates will put big money into it as this has been the behaviors of some of them. However like you have said now provides the best time for any one that is interested in investing into cryptocurrencies and bitcoin to put in money as in years to come bitcoin will be out of reach of the common man!

Lionel

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Bill Gates is FUDing bitcoin, just like he did with Google : he refused to buy the Google project because he thought it had no future.

And do you remember his skeptiscism about the Internet?
https://www.youtube.com/watch?v=lskpNmUl8yQ

This means the huge BTC raise is incoming in the years to come : )

Buy a few before it gets too pricey eheh

Topic: A tip by Bill Gates: buy Bitcoin (Read 678 times)