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Topic: Bill Gates and Warren Buffet are the newest critics of Bitcoin. (From CNBC News) - page 3. (Read 579 times)

jr. member
Activity: 131
Merit: 1
I remember the time when these two puppets are praising Bitcoins for its unique feature. Now both of them are trash talking Bitcoin. Whats wrong with you guys? Are you paid by a much bigger whale to manipulate the price? Or you just put a sell position with a huge margin?
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
Who knows what their reasons are, they may be doing it as a favor to a fellow investor who is shorting bitcoin. Maybe they think they can get away with it and then get more respect as being the people who called the end of crypto. There's no reason, in my mind, for them to make a call like this unless they have skin in the game themselves. Unless they're just trying to get some airtime and get their names out their again, though this doesn't seem like it's needed for these guys anymore.
member
Activity: 406
Merit: 10
These men are rich,what else do you want them say,invest in bitcoin so that you can reach too,they want you dump bitcoin so that can pick it up and add to what they already have.
full member
Activity: 448
Merit: 100
If it is not done with an ulterior motive, then it is okay. With the way both of them have been responding to cryptocurrency recently, I suspect it might be a strategy to make people sell so that the price can drop ridiculously and then they will buy. I can't trust their recent comment on cryptocurrency.
hero member
Activity: 980
Merit: 502
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?
I don’t know what will going to happen with bitcoin in the future. Almost  Every one is against bitcoin and criticising bitcoin and now the two worlds richest men on earth is also against bitcoin and they are not supporting it, I think may be because this is the time when everyone is just talking negative about bitcoin and moreover Facebook and Twitter has banned crypto ads at their sites and google is planning to do so, many countries had banned bitcoin from their nation , I don’t know what is the future of bitcoin and I even can’t predict of but according to the growth statistics of bitcoin, it will again back on its track.
member
Activity: 574
Merit: 12
i think they are old and at this time cant seem to think and analyze this properly. they still look at the world from the angle they saw it years back forgetting the only constant thing in life is change.
newbie
Activity: 210
Merit: 0
Actually they don’t like it because bitcoin doesn’t have any owner or company. On the subject of ICOs, they considers them to be speculations of a crazy variety.Choosing precisely what is affecting the cost of Bitcoin whenever is no science. So surely, they have some clear view behind it.
full member
Activity: 484
Merit: 100
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?
Rich people are looking for new fun with Crypto. They are trying to create so many events that the market goes up or goes down badly through their statements. Every word is a terrible trap, be careful of every word from the celebrities.
member
Activity: 364
Merit: 16
https://crowdsale.network
Bill Gates is retired and spends most of his time giving away his fortune. Warren Buffet is old and will also give most of his money to charity. I highly respect both these guys but I think this time they’re not on point. I’ll just ignore them. Their statements did not affect bitcoin anyway.
sr. member
Activity: 2618
Merit: 439
Are you guys really worried about that? They have their own opinions and it's not like they are criticizing BTC, they are simply saying that they don't like it. There's a difference between pointing out flaws and simply saying that it's bad and you wouldn't touch it if you were paid to. That's a very retarded response.
-I don't like it because it's shit! Fine, but why? -because it has no real value (Buffet) because it's used by criminals (Gates). Are those really viable points? Not to me.
I'm also not worried, actually it was funny to see them really very critical about bitcoin,  but hey its a free world and every has its own opinion. Maybe they are right because they understand that its a speculative asset that can simply go down anytime, however, we have our own opinion as well. Crypto doesn't work that way, yes it might go down anytime but it doesn't mean that we can't stand up again and recover losses. Let them talk all them want, but sooner we are going to prove them wrong.
jr. member
Activity: 140
Merit: 2
REMIIT.IO
...and it didn’t affect the value of bitcoin. That’s the great thing about cryptocurrency, no single person can influence it. Not even the collective criticisms from the wealthiest people on earth can affect bitcoin. Or even the most powerful world leaders.
sr. member
Activity: 726
Merit: 251
At the moment I still doubt that these people openly expressed their real thoughts about crypto currency, if that is true then it can remind me of those who in the early 20th century said that the future for horses and cars there there is no place. Cool
full member
Activity: 392
Merit: 105
Money Token
IMHO The words of the super rich people is not always right coz' of course they are still humans. Thats their opinions, and no one can change their opinions because they believe in their selves and their decisions. They reached that level because of their decision making in life. So its just their opinions but can affect to the crypto space because many ears listen to them.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?
These are bigwigs in there area of specialization and field and owns many companies and I believed these statements credited to them as regards criticizing Cryptos is their own personal opinion however from my own point of view they are beginning to see massive adoption of digital currencies as way of redistribution of wealth as a threat and many countries are shifting their economy towards Cryptos e.g Venezuela, Iran e.t.c
newbie
Activity: 112
Merit: 0
cuz their fortune is mostly based on cashhh
member
Activity: 658
Merit: 10
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?
I am a fan of Warren Buffett and he has a very logical investment philosophy and I understand his statements on CNBC News. Warren Buffett always relies on something that is really valuable and understands how a company works to invest. But for Bitcoin, it uses the money of an investor for some unclear purpose. That is for Warren very hated. I think that his opinion is correct to say that the Crypto market is not considered as investment. We can only do speculation in the Crypto market to make a profit.
member
Activity: 336
Merit: 10
I have just found out about this and to tell the truth I have no ideas and can't guess what the reason is because as for me it is a real puzzle. Such famous people who are rich are usually interested in innovative technologies able to make them even richer
hero member
Activity: 1834
Merit: 759
It seems like the general sentiment around here is that they're too old and out of the loop to appreciate Bitcoin. That's certainly possible, but I think the far more likely scenario is that they don't care for it. Neither really cares enough about the subject to actually study it in-depth; it just sounds like they're only running off of preconceived notions.

It must also be noted that the most recent criticisms refer to Bitcoin's speculative nature. They're not really talking about its technological aspects, but rather all of the speculative investing that's going on around it. It's entirely a matter of opinion, so it's not even worth contesting. If Bill Gates wants to go short, you can prove him wrong by going long. That's just about as simple as it gets.
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
I think maybe it's because they're too old.
They cannot keep up with the development of The Times, they cannot face new things with a new vision.
hero member
Activity: 980
Merit: 502
What do you think is/are the reasons why the two of the world's most richest men doesn't support and is against Bitcoin and Cryptocurrency?
I guess the most probable reason why world’s two most richest and I think the wisest man are not in favour of bitcoin is may be because of decentralising nature of bitcoin and because of which bitcoin is now being use for illegal activities like selling drugs, explosives, money laundering etc and the advantage of bitcoin that provides confidentiality in the transactions to its users are encouraging such illegal use of bitcoin because bitcoin transactions does not involve any third party seizure and I guess this could be reason why these two are in against of bitcoin.
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