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

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

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.

teosanru

hero member

Activity: 2114

Merit: 619

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.

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

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.

milewilda

legendary

Activity: 3094

Merit: 1127

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

hero member

Activity: 2408

Merit: 584

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

sr. member

Activity: 882

Merit: 268

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

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need A Campaign Manager? | Contact Little_Mouse

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

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

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.

Zilon

sr. member

Activity: 966

Merit: 421

Bitcoindata.science

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

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

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

sr. member

Activity: 882

Merit: 268

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

DrBeer

legendary

Activity: 3752

Merit: 1864

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?

kaya11

full member

Activity: 1344

Merit: 110

SOL.BIOKRIPT.COM

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.

m2017

legendary

Activity: 1792

Merit: 1296

Crypto Casino and Sportsbook

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

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

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.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

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.

STT

legendary

Activity: 4088

Merit: 1452

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.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

duelbits.com

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.

MinMan

full member

Activity: 628

Merit: 154

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.

husdemba

full member

Activity: 1302

Merit: 115

Pepemo.vip

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

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: pooya87 on May 08, 2022, 01:21:12 AM

Well bitcoin provides a very unique utility which is to let people park some amount of money in a place where nobody could know or touch (unlike fiat in the banks). Rich people have always been looking for such opportunities and diversifying into bitcoin is a strong possibility.

I agree that it is possible that Buffett may have Bitcoin all the time while speaking against, we can't know that. Somehow it doesn’t seem realistic to me that he and the people around him could successfully hide it for so many years. If he invested directly in BTC, he bought it through the OTC of some famous CEX (probably Coinbase) who then keeps it for him - but for people who have so much money it is certainly not difficult to hide the connections that lead to them.

Quote from: pooya87 on May 08, 2022, 01:21:12 AM

Who cares about reputation when money and financial sovereignty is involved?
This is why I believe that there is a strong possibility that he and people like him already own a lot of bitcoin without letting anybody know.

I don't know if WB has had any scandals in his life, but it seems to me that he cares about maintaining his reputation, even after he is no longer alive. His view is that he will leave only 1% of his wealth to his children and donate the rest to charity, although some would say it is a bit hypocritical given that he has set up a $2 billion foundation for each of them Roll Eyes

Mauser

hero member

Activity: 1974

Merit: 534

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.

Haha seriously? I missed that quote completely. Warren Buffet has been very critical about crypto coins in the past, but this seems to be a new level though. Honestly, like what the hell bitcoins are trading right now at 34.000 USD. Why would any sane person in the world sell his coins for $25 to Warren Buffet? It is like me saying I would buy all bitcoins for 1$. That is completely illusional. Warren Buffet is 91 years old, at his age it makes no sense to invest in bitcoins. Crypto currencies are a long term investment. And if he has no confidence in them or doesn't fully understand it he can just stay away. No reason to make fun of bitcoins and the investors. I really hope nobody is falling for his trick.

_act_

legendary

Activity: 1064

Merit: 1298

Lightning network is good with small amount of BTC

Quote from: Disruptivas on May 07, 2022, 04:32:18 PM

I think Buffer's positioning makes sense and it's nice that he maintains his position even with the success of the asset.

It is good how Warren Buffet maintains his position? Do you know how many people that are misleaded with his negative sayings about bitcoin? Saying it is good for him to maintain his position which is just the way for some people not to know the right fact invest in bitcoin and earn more money, it is not good. What I can see is that that man is fixed to old fashion way but actually his ways is also positive, but he do not understand that the world will become more modern and there would be many new ways people are following, also in making money.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Don Pedro Dinero on May 07, 2022, 05:42:10 AM

It is clear that he wanted to express that he does not believe in bitcoin as a good way to invest your money, that he does not see a future for it. He's from a different generation, he's not going to understand it at this point.

True. He died long time ago the problem is he don't know it yet. Time is pretty brutal on some people. Some think stuff still work like how they did in the past like 50 years ago. They can't accept the fact that everything changes over time. The new generation belongs to crypto&blockchain. The sooner these boomers get lost or accept this fact, the better it is for everybody.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Lucius on May 07, 2022, 04:48:24 AM

We can't know for sure if Mr. Buffett doubles the game all the time, but I’m personally more inclined to think he wouldn’t have dealt with such things in the old days - because if something like that were revealed, he would be labeled a liar. The question is how much does a man hold on to his reputation, and it seems to me that he would not sell it for a few billion $.

Well bitcoin provides a very unique utility which is to let people park some amount of money in a place where nobody could know or touch (unlike fiat in the banks). Rich people have always been looking for such opportunities and diversifying into bitcoin is a strong possibility.
Who cares about reputation when money and financial sovereignty is involved?
This is why I believe that there is a strong possibility that he and people like him already own a lot of bitcoin without letting anybody know.

lionheart78

legendary

Activity: 2954

Merit: 1153

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,

Even if he is dying to buy, no one will sell a piece of BTC in $25 at the current market price rate.

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

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.

Or possibly cut to half? BTC is highly volatile it goes up and down but Bitcoin does produce something like rumors and speculation that is far easier to sell than any asset WB stated Grin

.

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

I wonder what would make Buffet change his perception of BTC.

He is already an old man, and old people always wanted to maintain their independence and sense of control[1], thus can be considered stubborn. So thinking of how to make Buffet change his perception of BTC is just a waste of time.

[1] https://www.considerable.com/life/communication/stubborn-aging-parents/

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

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.

This is not the first time Warren Buffet is talking about the cryptocurrency space in a negative shade and this wont be the last, he is trying his best for a while and still the price keeps on climbing. There is one aspect i accept, the price cannot go up all the time and if he is not interested in purchasing BTCitcoin that is his choice and that too coming from someone who made money speculating in the stock market makes me laugh Cheesy

.

gantez

full member

Activity: 1736

Merit: 121

Quote from: MiF on May 07, 2022, 03:58:25 PM

This is very clear that warren buffet wanted to influence the price to make it more cheaper for he can buy it in a very low price, warren Buffett is a crypto enthusiast and there is no simple reason for making negative comment for btc except buying more in dip. I believe that he wanted to buy more on dip that is why he also wanted the bitcoin to drop down deeper.

I am not believe this that buffet only want to make bitcoin cheap for him to buy many of it. He has not spoke good of bitcoin all the time he has opportunity to do that in public places. He don't like it that people can get rich with just hodling few bitcoin in the wallet and the next time lambo Roll Eyes

He wants more detail work where you follow protocol, bureaucracy and results is got with such variation. Or you may work under his company doing the 8-5 nature of job but he can wake up now because that time is almost going into history.

Disruptivas

legendary

Activity: 1428

Merit: 1568

I think Buffer's positioning makes sense and it's nice that he maintains his position even with the success of the asset. Consistency in the investment hypothesis was always something he strongly defended as one of the hallmarks of success. As the author of the topic mentioned, BTC does not generate income/dividends and this is part of his thesis.

But I don't know why this fascination with a few figures whose Bitcoin doesn't 'meet' the requirements. For all the rest it works, it's good to focus on these.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: MiF on May 07, 2022, 03:58:25 PM

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.

This is very clear that warren buffet wanted to influence the price to make it more cheaper for he can buy it in a very low price, warren Buffett is a crypto enthusiast and there is no simple reason for making negative comment for btc except buying more in dip. I believe that he wanted to buy more on dip that is why he also wanted the bitcoin to drop down deeper.

Manipulative behavior? This is something not new into these kind of people or investor on where they are trying to make the market price to go down which is something not new with
these kind of people.Now the price is declining then for sure they are happy but its not the sole reason on why we are declining as of this moment.
This is why someone should really be that wise or to be aware on how things been going on this market because you cant just make out immediate reaction
just because of these sentiments.

MiF

sr. member

Activity: 1442

Merit: 258

Reward: 10M Shen (Approx. 5000 BNB) Bounty

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.

This is very clear that warren buffet wanted to influence the price to make it more cheaper for he can buy it in a very low price, warren Buffett is a crypto enthusiast and there is no simple reason for making negative comment for btc except buying more in dip. I believe that he wanted to buy more on dip that is why he also wanted the bitcoin to drop down deeper.

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

The sooner we stop listening to this set of individuals when it's obvious they have nothing good to offer, the better, and then again we shouldn't trust what they say, Warren is a business man whom I believe know the strategies of how to get into an investment at the best price, he might have said all he said just to see if he can get the price of bitcoin to come down so he can buy in at a cheaper price or maybe he said what he said out of jealousy of what another man invented that has turned the online payment of the entire world around, he knows he's problem, let him deal with it, cus he's opinion about bitcoin is not our business, and will don't care if bitcoin produces anything or not, as long as it continues to hold value.

Reid

hero member

Activity: 3052

Merit: 651

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.

Nah, he is not in it for a bargain purchase. He is just old school and most of them stay with the traditional type of asset and investments. Golds, shares, or whatever that includes paper money. They want it physically seen or in something that is trusted. Then, there's the clubs where they could enjoy their perks of being part of the investment.
It's not really difficult to read him by all his attacks against Bitcoin and cryptocurrencies. I would just unfollow him if I were you to avoid being fed by FUD.

Pomogator

full member

Activity: 616

Merit: 100

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 he is lying. Of course he would like to control such a large financial market. With his help, he could become several times richer, and he understands this very well. Perhaps he no longer wants to understand everything about it, but if he is really offered a very good deal, then he will go for it.

gantez

full member

Activity: 1736

Merit: 121

Buffet is a business person and he is saying what he feels. No questions about if bitcoin produce anything because this is a fact about what he say but he is saying such in wonder about why bitcoin use for money that increase in value. He is just the few voice spreading and making negative effort to bring bitcoin down but it is giving the coin no of such effect. If he use that effort to buy bitcoin when it was below a dollar, he could be known whale.

Don Pedro Dinero

legendary

Activity: 1358

Merit: 1565

The first decentralized crypto betting platform

In reality what Warren Buffet said is false.

As a businessman he knows that there is a demand for bitcoin and that if he were to buy all the bitcoin in the world and one moment later to sell 0.001 bitcoin he would make a profit. Let alone if he sold a whole bitcoin or much more, and he knows that there is a huge daily demand.

It is clear that he wanted to express that he does not believe in bitcoin as a good way to invest your money, that he does not see a future for it. He's from a different generation, he's not going to understand it at this point.

Flexystar

full member

Activity: 1092

Merit: 227

That is his problem really. Nobody cares if he want to buy all the available bitcoin in the world at 25 bucks or 25 billion bucks! I mean Warren is not the one whose making bitcoin run and I am getting paid from it or have this world to trade in terms of bitcoins. Bitcoin is free will, I can have it as much as I want, and its my will at what rate I trade it, buy/sell or whatever the hell I wanna do with it.

I don't really understand why we need to argue or discuss anything what this man says? Just because his the richest one does not mean anything at all. Investors will only follow those Richie rich whose actually supporting the crypto space because that's where money is flowing into the market. Grin

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

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.

You are obviously new to all this, because although WB uses terms that are a little different from those of 8+ years ago, basically he thinks about Bitcoin today just as he thought in the past. It is obviously important to him to invest in what he believes in, regardless of the fact that investing in BTC could bring him billions over the years. I can also say that I would never buy most of what he buys, because I have never been interested in stocks, but that does not mean that I have anything against people who invest that way.

Quote from: pooya87 on May 06, 2022, 11:03:41 PM

Secondly, the number 25 may have some significance in my opinion. It could actually indicate that he has invested $25 million into bitcoin and is one of the biggest whales today since I believe he bought bitcoin years ago when it was a lot cheaper and he was calling it "rat poison".

We can't know for sure if Mr. Buffett doubles the game all the time, but I’m personally more inclined to think he wouldn’t have dealt with such things in the old days - because if something like that were revealed, he would be labeled a liar. The question is how much does a man hold on to his reputation, and it seems to me that he would not sell it for a few billion $.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

I think it is time we stop trying to analyze buffet and his perception towards btc, I mean without him investing on btc the technology have manage to grow for more than a decade and keeps growing. It is no longer relevant what buffet think about btc, the time what he thinks and said would have mattered have long gone, btc is too solid and wide spread now for any buffet negative thoughts to be influenced. This is the normal correction phase btc is going through, I don't believe it has anything to do with what buffet said. Enough of Buffet.

Wexnident

hero member

Activity: 2702

Merit: 672

I don't request loans~

Warren Buffet has always been against Crypto and I don't think that's going to change any time sooner. He's seen the market go up and down and as an investor, I'm pretty sure that would normally be enough to say that they made a mistake, but he didn't say so and instead solidified his position of going against Bitcoin. There's not even any point in trying to get him to accept Bitcoin, he has his own investing strategy, and investing in innovative projects might just simply be not one of them.

mindrust

legendary

Activity: 3276

Merit: 2442

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 says people don't really need bitcoin to sustain their lives. You need food, you need residence, water, healthcare, energy, transportation etc... He is putting his money on those vital industries and that's his choice. Somehow he don't see any value in bitcoin. Everybody should make up their own mind when making investments. We can't blame Buffett for having his own opinion about things.

Fortify

legendary

Activity: 2688

Merit: 1192

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.

Warren has been wrong about many things in the past and he has admitted this previously, he missed up on big investments in companies like Amazon and Microsoft. There is also a degree of technical illiteracy, he pretty much avoids investing in tech company and that investment in Apple was a big leap for him, but has paid off handsomely. So he can definitely make errors in judgement, but it seems he is just against the idea of a globalized currency and part of me wonders if it is in someway connected to his patriotism for the US Dollar as the only reserve currency. We're at the point where it takes a lot of money to change the underlying price of Bitcoin and he's right about it being unproductive in comparison to stocks or property.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

It will be up to him if he is not going to buy all the bitcoins because it depends on how he and people view bitcoin.
If he can see bitcoin as a high risk asset, he can still buy bitcoins but not in large quantities because of the risk factors behind bitcoin.
I don't expect Buffet to change his perception of bitcoin because we can't force him to accept bitcoin.
After all, he doesn't believe in bitcoin.

_act_

legendary

Activity: 1064

Merit: 1298

Lightning network is good with small amount of BTC

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.

Warren Buffet's mind does not need to be changed and he does not need to change his mind about bitcoin, if he likes it or not, bitcoin price will rise, its marketcap will also rise, cryptocurrencies like ethereum and many others that are not shitcoins will rise in price and marketcap. There are some people that are criticizing bitcoin, but this does not change how the market remain the most productive some years back and now. Even bitcoin is getting less volatile than many stocks now.

Warren Buffet can only make his own statement that is hostile about bitcoin but it does not change that bitcoin price will reach all-time-high again and again, Warren Buffet also can not change the fact that bitcoin marketcap will reach all-time-high again band again.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: pooya87 on May 06, 2022, 11:03:41 PM

First of all if he didn't care about bitcoin and he believed half of the things he has been saying about bitcoin, he shouldn't have even bothered talking about it. Would you talk about a topic that you don't care about at all? lol

I could almost guarantee that he indeed doesn't care but that they're just forced to talk about it because the "journalists" from CNBC needed an anti-Bitcoin news headline. I'm looking at you, Becky Quick.

pooya87

legendary

Activity: 3472

Merit: 10611

First of all if he didn't care about bitcoin and he believed half of the things he has been saying about bitcoin, he shouldn't have even bothered talking about it. Would you talk about a topic that you don't care about at all? lol

Secondly, the number 25 may have some significance in my opinion. It could actually indicate that he has invested $25 million into bitcoin and is one of the biggest whales today since I believe he bought bitcoin years ago when it was a lot cheaper and he was calling it "rat poison".

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

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.

Or maybe we should simply stop trying to get his approval. He's an investing GOAT — but let's not forget that his (and Berkshire Hathaway's) strategy is that he invest by the books; he's not the 'visionary' type of tech investor as venture capitalists.

adaseb

legendary

Activity: 3808

Merit: 1723

He has been bearish about crypto since the beginning pretty much. And honestly when I first heard about Bitcoin I also assumed it was a scam. Then I learnt more about it and realized that it has very good value.

For someone like Buffet, if you give him the white paper, he won’t make it a sentence before scratching his head out of confusion. He wont get it even if you explain it to him 100 times.

Since he doesn’t understand it, he wont buy it because it’s a risky investment. Many people need to understand this.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

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.

Just don't think about it for now, you'll just keep on thinking about it if you don't spare yourself from having the idea on how to convince him. Eventually, if he's going to be convinced , he'll be the one to tell it directly to the media with or without reason.
But for now, let's just take what he's saying and the obvious that it's not for him and he's not with us. He's an idol for investments but him and us may agree to disagree.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

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 is known as one of the biggest hater of cryptocurrencies so this isn't suprising to such statement from him and just because he said he won't buy won't stop other people from buying it. He is just sticking with his old school investing ideas and he takes risk only on the things which he understands so no need to concentrate on Buffet about Bitcoin because he didn't understand so didn't invest if you understand then you're ready to invest that's it.

Oceat

sr. member

Activity: 2506

Merit: 368

If that's his perspective view about Bitcoin then we can't change about that so just leave them alone they were part of the small percentage of people who always opposed what Bitcoin should do like how fiat did. But that's not gonna change either so let's respect it's other's decision and move on.

Bitcoin itself is already a freedom from the government controlling your own money and if he can't stand that because his standard is sticking to the fiat standard then so be it. Let's just see what would he do if Bitcoin price reach a six digit price in the future.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

He said he wouldn't buy all of the BTC for $25 billion.

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

except what multiplies in BTC is its value.

past performance does not guarantee future performance

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.

Nothing. Buffet invests in stocks and he hates speculative trading. Bitcoin is pure speculative trading, there's no mathematical formula for claculating how much 1 bitcoin should cost. Stop seeking validation from him.

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

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

I wonder what would make Buffet change his perception of BTC.

I'd feel like we were heading down the wrong path if he ever did change his mind. If nothing else, Buffett serves as a useful barometer of sorts to ensure we aren't pandering towards institutional investors. People like that will never like Bitcoin because it's a threat to their preferred business model. And that's a good thing in my view.

Disruptive by design. As intended.

Lanatsa

hero member

Activity: 2968

Merit: 687

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.

Trying to give out some negative sentiment for some obvious reason which is really that not that something new into this market.Lots of billionaires or known economist or big time investors who do make out their

own sentiments which it could changed from positive to negative in a span of time basing on what would be their intent which they do believe that it could really give out some significant impact on the market

but we know that we arent that fools to believe easily on man's word or speculation or opinion on what bitcoin is all about.

roadrunnerjaiv2025

member

Activity: 122

Merit: 20

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.

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