Topic: Bill Gates: I would put against bitcoin - page 3. (Read 901 times)
Bill Gates needs to put his money where his mouth is.
I never understood how he understands blockchain, I admit that he is a very rich man, has a big company (microsoft), and successful.
and I also never know what the reason he made a bad statement about bitcoin.
but I am a new member who has known bitcoin for 2 years, but within 2 years, I always read and continue to analyze about bitcoin growth.
so, I think if the world of crypto or bitcoin is a system with a ponzi model, a scam, or about price manipulation. then bitcoin will die quickly. bitcoin will not gain the trust of many investors.
and I also never know what the reason he made a bad statement about bitcoin.
but I am a new member who has known bitcoin for 2 years, but within 2 years, I always read and continue to analyze about bitcoin growth.
so, I think if the world of crypto or bitcoin is a system with a ponzi model, a scam, or about price manipulation. then bitcoin will die quickly. bitcoin will not gain the trust of many investors.
Everyone has their own opinions I on certain matters the only difference is that influential people tend to be heard more often than not and some of them use their inflences in a worrying mannar, you don't have to take Bills word, especially when had had earlier shown some support, research instead and decide on what's best
Lol i don't understand? I think before he said good things about bitcoin? Or is it just my imagination?
Not gonna blame him though if he think that bitcoin is just an investment that gain profit after fooling people. Well, he's rich. Surely he won't need investment like bitcoin in his life.
But it makes me wonder. When someone give him bitcoin as birthday gift, why didn't he sell it right away? Since he knew it's worthless and bad and such? Why need to wait for years later to sell? Could it be he's waiting for the price to increase then sell it? lol. He said bitcoin is not an asset, but he kept his birthday coin for years before sell it. Well i can't judge, and i won't. It's free for people to express their opinions, but it won't change my way to see bitcoin and cryptocurrency.
Not gonna blame him though if he think that bitcoin is just an investment that gain profit after fooling people. Well, he's rich. Surely he won't need investment like bitcoin in his life.
But it makes me wonder. When someone give him bitcoin as birthday gift, why didn't he sell it right away? Since he knew it's worthless and bad and such? Why need to wait for years later to sell? Could it be he's waiting for the price to increase then sell it? lol. He said bitcoin is not an asset, but he kept his birthday coin for years before sell it. Well i can't judge, and i won't. It's free for people to express their opinions, but it won't change my way to see bitcoin and cryptocurrency.
American businessman Bill Gates again spoke out against the first crypto currency: in the Squawk Box program on CNBC, the co-founder of Microsoft called bitcoin one of the most speculative things in the world. This slightly tilted the course of the coin on Monday, May 7, but today it is still in the green zone.
"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.
"As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "
"Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.
According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."
She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.
Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."
Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.
"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.
"As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "
"Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.
According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."
She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.
Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."
Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.
He has been positive about bitcoin, then negative, then positive again, now he is negative again. What's this guy's deal?
I mean he can't be in it for the money, so why fud?
I think if you would look at the bigger picture. He is just speaking his mind depending on the current status of Bitcoin. However, one thing is clear here. He is updated with what's happening in the market and the movements that happen to it. Therefore, that attention may be said to be a good indication that he can actually effect something in the future that could lead to better days for this market.
It would be better if Bill Gates did his direct duties in Microsoft!
I think bill gates might have a mixed opinion on what bitcoin is. bitcoin may be a valuable asset in the future because of his company and he does not rely much on the money he gets from it because he is already rich but he is concerned on the asset on the effect of bitcoin as an investment in his company and future economic changes.
Maybe these quotes are taken out of context? He could be answering some very direct questions, you know. Microsoft was even accepting BTC not long ago, what's with that swing?
Hmmmm. Why can't he just help Microsoft be back to it's glory days against Apple and Google. The dominance of a smartphone is growing year by year yet Microsoft killed its beautifully own Windows Mobile. There's even a smartphone built for cryptocurency and now I see no sense why he is against it. He should've support it instead.
I think he's confused with his statement
Bill Gates is a great business man I think he expressed his jealousy in bitcoin. Many people using computers but low in profits while Bitcoin install in the computer has gathered earned multiple profits.
He wants to attain something great thinking he can manipulate crypto price specillay bitcoin. He's just so pissed with bitcoin because there are lots of richer people than him now because of btc.
Let's be real, no one is yet richer than Bill Gates just by investing in crypto.
I get that we're all enthusiasts here, but sometimes the hyperbole is a bit too much for me.
Maybe he's just showing solidarity with his friend Warren B. After all, the article even states he's traded (more specifically sold BTC in the past).
In any case, even if BG really does doubt BTC, who cares. All that's important is that WE continue to believe in it!
American businessman Bill Gates again spoke out against the first crypto currency: in the Squawk Box program on CNBC, the co-founder of Microsoft called bitcoin one of the most speculative things in the world. This slightly tilted the course of the coin on Monday, May 7, but today it is still in the green zone.
"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.
"As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "
"Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.
According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."
She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.
Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."
Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.
"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.
"As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "
"Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.
According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."
She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.
Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."
Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.
He wants to attain something great thinking he can manipulate crypto price specillay bitcoin. He's just so pissed with bitcoin because there are lots of richer people than him now because of btc.
American businessman Bill Gates again spoke out against the first crypto currency: in the Squawk Box program on CNBC, the co-founder of Microsoft called bitcoin one of the most speculative things in the world. This slightly tilted the course of the coin on Monday, May 7, but today it is still in the green zone.
"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.
"As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "
"Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.
According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."
She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.
Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."
Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.
"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.
"As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "
"Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.
According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."
She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.
Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."
Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.
If he says that then maybe some banks offered him a huge amount of money to say that. Since he is old enough to care about the technology behind it.
He can do it if he wants to
The guy is just jealous. Here is one of the biggest investments in decades and he is not part of it. 
Bill Gates and his people at Microsoft can see that this technology can be much bigger than their technology in the IT Industry in the future and they want to stop that. If they cannot be a part of this, then it is shit or speculative or a scam. 
What value did Microsoft add to the world? It is basically a Operating system and a Money cow for it's investors. There was enough competition in that scene at the time, for it not to be unique or special at all. 
Bill Gates and his people at Microsoft can see that this technology can be much bigger than their technology in the IT Industry in the future and they want to stop that. If they cannot be a part of this, then it is shit or speculative or a scam. What value did Microsoft add to the world? It is basically a Operating system and a Money cow for it's investors.
There was enough competition in that scene at the time, for it not to be unique or special at all. This is what whales DO! Manipulate the market every chance they get, when someone like him stated that bitcoin has no future,it will never rise blah blah , then it's starting a panic sell and the price is going down dramatically. and that's when they BUY,
They clearly knows this is the FUTURE, and this is them preparing, we already seen once bitcoin rising to 20,000$ by the end of last year, and now it's 6 months to this year, perfect time to lower the price and collect some to prepare for the next big event.
Many blockchain experts predicted that BTC price will be around at least go to 50,000$ by 2020 , These billionaires are trying to add few more billion to their collection by spreading such things, and buying the cheapest possible, while they can.
They clearly knows this is the FUTURE, and this is them preparing, we already seen once bitcoin rising to 20,000$ by the end of last year, and now it's 6 months to this year, perfect time to lower the price and collect some to prepare for the next big event.
Many blockchain experts predicted that BTC price will be around at least go to 50,000$ by 2020 , These billionaires are trying to add few more billion to their collection by spreading such things, and buying the cheapest possible, while they can.
Bill gates has it's own progressive business that's why he puts against bitcoin so as we are descendants of Bitcoins we will continue to strive hard to shines all over the world.
anyway Bill gates is a rich bitch and noonne gives a shit what he says come on he owns Windows
And i think he also have many Bitcoins on holding for profits .
regards
And i think he also have many Bitcoins on holding for profits .
regards
Bill Gates is a wealthy man in a popular world and he can gain bitcoin. I think Bitcoin can get rid of it. If he wants to pump his pumps and dumps and if he looks at Bitcoin then it will be strong in the moment. If you want, you can pump it and control it. This will be possible only when Bill Gates will take a positive look at it.
Maybe he's just backing up his friend Warren.
These people often make statements to drop Bitcoin, but I'm not sure this will be able to influence the price of Bitcoin.
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