Topic: Warren Buffet advise not to buy bitcoin. Expect bitcoin price to collapse. - page 8. (Read 8649 times)
December 25, 2014, 11:20:05 PM
Warren Buffet says he likes his money in fairly stable & certain investments, where major change and disruption are unlikely. It is not surprising he says steer clear of bitcoin. Unfortunately I think his advice will be quoted in a lot of upcoming articles that are critical of bitcoin and some people will take his advice. But imo this won't have any notable impact on price
December 25, 2014, 10:44:37 PM
Buffett is a great but he is not always right. By his won admission, he doesn't understand technology which is what btc ultimately is.
Just sayin'
Just sayin'
^this
Buffett is just not the guy you turn to for evaluation of a disruptive computer technology, especially in its early stages.
December 25, 2014, 09:40:14 PM
Buffett is a great but he is not always right. By his won admission, he doesn't understand technology which is what btc ultimately is.
Just sayin'
Just sayin'
December 25, 2014, 09:22:27 PM
I always treat bitcoin as a long term investment and I believe once it manages to take off, the rise would be exponential. Maybe we are not seeing the progress moving so fast but I can tell you most investors will aim for quick return. What they want is basically investment opportunities that guarantee fast payoff so that they can use the money to turn to another investment.
December 25, 2014, 08:56:40 PM
Warren Buffett has all his investments based on the success of fiat. Bitcoin is a potential threat to fiat, what do you think his position on Bitcoin is going to be? Buffett is the biggest fudster of them all.
December 25, 2014, 08:48:52 PM
Warren Buffet saying bitcoin is a scam:
http://www.businessinsider.com/warren-buffett-money-tips-for-2015-2014-12
How is this going to affect price?
http://www.businessinsider.com/warren-buffett-money-tips-for-2015-2014-12
How is this going to affect price?
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