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

South Park

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Quote from: doomloop on May 12, 2022, 03:33:31 AM

Quote from: South Park on May 11, 2022, 04:04:10 AM

Buffett does not really value bitcoin but that is not really new, if he wants to give an opinion about bitcoin then there is not much we can do about it since he is free to do so, besides his hypothetical scenario has not a single chance of happening, he cannot even buy a single bitcoin for 25 dollars let alone the whole supply, so it is obvious that he is being disingenuous and this is nothing more but an attempt to try to lower the image of bitcoin in the eyes of those which are on the fence and do not know if they should invest in bitcoin or not.

If we won't do anything about it, the image of bitcoin is going to get damaged more and many people are not going to invest on it anymore, are you sure you want that to happen? Someone that has a power should stop this guy for continuously threatening bitcoin, he always do this to bitcoin. They should also do the same for warren and that is to threaten him that if he won't stop his nonsense, something bad will happen to him.

If there is something that won't happen that would be the price of btc to hit 25 dollars. We are not in the 2016-2010 era anymore but we are now in the 2022 where btc is now in the mainstream. I think the lowest price that we can get by now is 30k something.

The only thing we can do is to spread the correct information about bitcoin and counter his arguments with strong facts, but at the end of the day Buffett is still free to say whatever he wants about bitcoin or any other asset, it is clear that Buffett does not appreciate bitcoin and other assets which are like it, like gold, but at the same I do not think it matters too much because as time passes we are going to see who was right about their predictions, and taking into account what we know about bitcoin I am pretty sure we are the ones that are right, even if Buffett thinks otherwise.

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Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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.

His idea of investing is exceptional and to be honest really impressive, he never invests merely because there is a demand for something, for him asset is only something that has value in terms of Current as well as future cash flows. If there is a startup that has a huge customer base yet has no real cash flows he will still consider that startup to be a dull investment because eventually, it has zero value in terms of cash flows it can provide in the future. If you think about it, practically in a business sense he is right, what good is a business in which you are continuously putting money but it doesn't give you anything back in return? But to be honest, investing has changed alot in past couple of decades, now people not only invest for future cash flows but also for a capital gain due to increased business base in the future. People see prospects of a cash flow as a bigger and undervalued asset as compared to a real cash flow. He is right with his thinking but this doesn't mean people having BTC for 50k are foolish.

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Quote from: milewilda on May 12, 2022, 05:15:07 PM

Maybe he do mean about $25k? not that $25. Consider that the price had plummet 26,782 in the market which is almost on that point which its just my hunch for it to be the buying point
or simply the support which these billionaires or institutional investors do really keep an eye on this thing.Its just a hunch but could be possibly some hints.
It is really that impossible for price to go back in 2 digits and its true that these arent the early days of Bitcoin.

If I’m right, the op said that he said he wouldn’t buy, so whether it is $25or it is $25k like you have said, it still doesn’t make any difference because the point here is that he is not ready to invest in it, which is what he said.

I believe that there has been a lot of people who has tried to convince this man on Bitcoin, but he still chose to not buy the idea. I guess that’s it for him and he doesn’t want to be part of it , so there is no need for us to keep forcing or making a big deal out of everything that he has to say. Since he has nothing good to say, then we shouldn’t be promoting it.

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Quote from: doomloop on May 12, 2022, 03:33:31 AM

Quote from: South Park on May 11, 2022, 04:04:10 AM

Buffett does not really value bitcoin but that is not really new, if he wants to give an opinion about bitcoin then there is not much we can do about it since he is free to do so, besides his hypothetical scenario has not a single chance of happening, he cannot even buy a single bitcoin for 25 dollars let alone the whole supply, so it is obvious that he is being disingenuous and this is nothing more but an attempt to try to lower the image of bitcoin in the eyes of those which are on the fence and do not know if they should invest in bitcoin or not.

If we won't do anything about it, the image of bitcoin is going to get damaged more and many people are not going to invest on it anymore, are you sure you want that to happen? Someone that has a power should stop this guy for continuously threatening bitcoin, he always do this to bitcoin. They should also do the same for warren and that is to threaten him that if he won't stop his nonsense, something bad will happen to him.

If there is something that won't happen that would be the price of btc to hit 25 dollars. We are not in the 2016-2010 era anymore but we are now in the 2022 where btc is now in the mainstream. I think the lowest price that we can get by now is 30k something.

Maybe he do mean about $25k? not that $25. Consider that the price had plummet 26,782 in the market which is almost on that point which its just my hunch for it to be the buying point
or simply the support which these billionaires or institutional investors do really keep an eye on this thing.Its just a hunch but could be possibly some hints.
It is really that impossible for price to go back in 2 digits and its true that these arent the early days of Bitcoin.

doomloop

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Quote from: South Park on May 11, 2022, 04:04:10 AM

Buffett does not really value bitcoin but that is not really new, if he wants to give an opinion about bitcoin then there is not much we can do about it since he is free to do so, besides his hypothetical scenario has not a single chance of happening, he cannot even buy a single bitcoin for 25 dollars let alone the whole supply, so it is obvious that he is being disingenuous and this is nothing more but an attempt to try to lower the image of bitcoin in the eyes of those which are on the fence and do not know if they should invest in bitcoin or not.

If we won't do anything about it, the image of bitcoin is going to get damaged more and many people are not going to invest on it anymore, are you sure you want that to happen? Someone that has a power should stop this guy for continuously threatening bitcoin, he always do this to bitcoin. They should also do the same for warren and that is to threaten him that if he won't stop his nonsense, something bad will happen to him.

If there is something that won't happen that would be the price of btc to hit 25 dollars. We are not in the 2016-2010 era anymore but we are now in the 2022 where btc is now in the mainstream. I think the lowest price that we can get by now is 30k something.

boris singer

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Quote from: Reatim on May 11, 2022, 01:01:54 AM

Quote from: boris singer on May 10, 2022, 10:30:45 AM

Just let him do any statement and think of it as a show because the more he gets debated, the more he likes him and will continue to make as if his statement is true.
I don't really care what Warren has to say because it's just his way of constantly cornering bitcoin and the people who adopt it. apart from that he doesn't know about bitcoin and throws statements just to get his attention

you have a point here on this part and yes , I think lets just allow them to say what they wanted but lets not pay attention or even give them a care .

and i don't let this affecting my belief and trust to bitcoin so i will just close my eyes from every post like this coming in the future.

And now bitcoin is experiencing a pretty big correction and for sure this will make them big heads and will continue to seek attention with their statement about bitcoin is a failure Cheesy

They will continue to seek more attention now and we just need to take them as a breeze to what responds to things we really don't want to respond to Cheesy

I like your principle about current beliefs and that is what we have to pay attention to as long as we are sure then what do we need to worry about

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Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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.

You often hear sentiments like this from investors like him who is heavily invested into stock market and you often hear things like this when the market is in a blood bath. Did any so-called experts said negative things when Bitcoin is at its peak? I don't think so.

There is nothing new into these kind of perceptions especially from an investor like him. With regards to his perception to Bitcoin, I don't think there is any way for him to change his perception or unless Bitcoin go to $100,000. He might also be doing what the others are doing since he is an influential man, he will say negative things towards Bitcoin but he is buying it at a lower price silently Cheesy

. We won't know but he might doing it. In the end, he can say things with Bitcoin either negative or positive and lets just ignore it I guess.

South Park

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Quote from: Reatim on May 11, 2022, 01:01:54 AM

you have a point here on this part and yes , I think lets just allow them to say what they wanted but lets not pay attention or even give them a care .

and i don't let this affecting my belief and trust to bitcoin so i will just close my eyes from every post like this coming in the future.

Buffett does not really value bitcoin but that is not really new, if he wants to give an opinion about bitcoin then there is not much we can do about it since he is free to do so, besides his hypothetical scenario has not a single chance of happening, he cannot even buy a single bitcoin for 25 dollars let alone the whole supply, so it is obvious that he is being disingenuous and this is nothing more but an attempt to try to lower the image of bitcoin in the eyes of those which are on the fence and do not know if they should invest in bitcoin or not.

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Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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 what Warren Buffett is lacking about bitcoin is the right knowledge about how the digital currency operates. It's normal to kick against what you have little or no knowledge about. If he thinks bitcoin holds no value in the economy then he should revisit the links of anonymous donations on the bitcoin ledger. his is not a game of influencing anything is a lack of knowledge

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Quote from: boris singer on May 10, 2022, 10:30:45 AM

Quote from: Reatim on May 09, 2022, 06:03:50 AM

Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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.

So do you still believe in this stupid statement ? or are you part of that believers that this will bring bargain to the price of bitcoin?
I think this is another attempt from a non consistent person in which every word he says is changing in future.
If I were you? never stop believing nor giving a BS thing in what Buffet will deliver in the future.

Just let him do any statement and think of it as a show because the more he gets debated, the more he likes him and will continue to make as if his statement is true.
I don't really care what Warren has to say because it's just his way of constantly cornering bitcoin and the people who adopt it. apart from that he doesn't know about bitcoin and throws statements just to get his attention

you have a point here on this part and yes , I think lets just allow them to say what they wanted but lets not pay attention or even give them a care .

and i don't let this affecting my belief and trust to bitcoin so i will just close my eyes from every post like this coming in the future.

boris singer

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Quote from: Reatim on May 09, 2022, 06:03:50 AM

Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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.

So do you still believe in this stupid statement ? or are you part of that believers that this will bring bargain to the price of bitcoin?
I think this is another attempt from a non consistent person in which every word he says is changing in future.
If I were you? never stop believing nor giving a BS thing in what Buffet will deliver in the future.

Just let him do any statement and think of it as a show because the more he gets debated, the more he likes him and will continue to make as if his statement is true.
I don't really care what Warren has to say because it's just his way of constantly cornering bitcoin and the people who adopt it. apart from that he doesn't know about bitcoin and throws statements just to get his attention

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Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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.

Buffett in bitcoin is annoyed by the fact that he cannot play with it, as he is used to working with the usual investment tools, and this hurts his pride, and in the eyes of his "colleagues" in capitalism does not look very good! After all, many of his "colleagues" went into the crypt a long time ago and skimmed off excellent cream! The purpose of such a derogatory, in relation to bitcoin, statement may be as an attempt at manipulation. How else ? If this asset will become so cheaper - why should an investor buy it, not sure about the future change in trend and making a profit?

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Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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.

He will only change his perception about cryptocurrencies when all of his wealth will be worth nothing, and his fiat money will no more less than a piece of paper. Then he will realized what he had said and contemplate. If he want's a bargain buy, he could've done that already. How many times that BTC dipped already? Unless he is secretly buying it and not made to public.

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Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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 get the impression more and more that Warren Buffet doesn't understand the essence of Bitcoin at all. If I were in his place, I would not buy something that I don't understand either. Therefore, Buffet's words don't revolt me in any way.

Why do many crypto-funs expect Buffet's perception to change by bitcoin? So you're waiting for his approval, what did you do right by investing in BTC?

Personally, I don’t care about the opinion of people like Warren Buffet about bitcoin. These are people who are used to completely different things and who have earned their fortunes within the traditional financial system, and not in the crypto-world.

Also, don't forget that Buffet is a very elderly person, and human physiology is arranged in such a way that with age, the thought processes in the brain deteriorate. And in general, old people show very little flexibility in accepting something new and are conservatives. Make adjustments for this by listening to his statements.

I listen only to the opinion of those people who understand the whole essence of Bitcoin, if it concerns the question of bitcoin.

Reatim

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Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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.

So do you still believe in this stupid statement ? or are you part of that believers that this will bring bargain to the price of bitcoin?
I think this is another attempt from a non consistent person in which every word he says is changing in future.
If I were you? never stop believing nor giving a BS thing in what Buffet will deliver in the future.

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Quote from: STT on May 08, 2022, 06:12:37 PM

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.

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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.

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Quote from: roadrunnerjaiv2025 on May 06, 2022, 05:25:50 PM

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.

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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.

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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 Angry

Topic: "...all of the bitcoin in the world for $25" (Read 294 times)