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Topic: Warren Buffet saids: “Stay Away From Bitcoin” - page 11. (Read 13980 times)

hero member
Activity: 518
Merit: 500
Only Cryptologist(mathematician) or programmer(geek) could truly understand what exactly Bitcoin is and love this thing.People won't like a thing that they can't even understand.
newbie
Activity: 34
Merit: 0
I dont think Warren Buffet understands what Bitcoin truly is about.

Its unconventional (in his perspective) and nothing like the usual investments he looks into.
Q7
sr. member
Activity: 448
Merit: 250
Everyone has a right to his own opinion.
Everyone can say what they want to but whether you want to believe in it is up to you.
But nobody can predict anything with 100% accuracy. Even the best mind made wrong assumption or even decisions.
hero member
Activity: 700
Merit: 500
One of the high ranking family member of the 13 inbred terrorist European Bloodline "Warren Buffet" tells his fans & investors to "stay away from Bitcoin."

You can find his excuses in the following articles below:

https://www.cryptocoinsnews.com/warren-buffet-stay-away-from-bitcoin/
http://www.forexminute.com/bitcoin/warren-buffet-oracle-omaha-suggests-investors-stay-away-bitcoin-2015-52383


Do you have any thoughts?

how is it an excuse to say something like this. he could ultimately be right and you zealots could be wrong. oh well who cares.
sr. member
Activity: 952
Merit: 251
He has a huge investment in AXP and
significant stakes in MA and V so you would have
to assume he has some sense of the 'value' of transaction networks ..

Triff ..
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
It's normal to lose money when you're investing in a stock declining after a bubble, and that's what bitcoin was doing for the last 8 months. It can be one of the best investments of 2015 Wink

FU Warren!
hero member
Activity: 672
Merit: 500
Didn't Warren Buffet said the same thing about Facebook too? Facebook is still here and worth billions. Buffet is not a tech guy and he is not very good at valuating technological innovations.
full member
Activity: 132
Merit: 100
One of the high ranking family member of the 13 inbred terrorist European Bloodline "Warren Buffet" tells his fans & investors to "stay away from Bitcoin."

You can find his excuses in the following articles below:

https://www.cryptocoinsnews.com/warren-buffet-stay-away-from-bitcoin/
http://www.forexminute.com/bitcoin/warren-buffet-oracle-omaha-suggests-investors-stay-away-bitcoin-2015-52383


Do you have any thoughts?



Bitcoin is the worst investment of 2014. It performed worse than war hit Ukrainian hryvnia.
legendary
Activity: 3276
Merit: 2442
Warren Buffet is an oldschool master. (master of the masters actually)

I would listen whatever he says. I am not saying i would do whatever he says but what he says there is important to me.

BUT,,

“Stay away from it. It’s a mirage, basically. … It’s a method of transmitting money. It’s a very effective way of transmitting money, and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money? Are money orders? You can transmit money by money orders. People do it. I hope Bitcoin becomes a better way of doing it, but you can replicate it a bunch of different ways, and it will be. The idea that it has some huge intrinsic value is just a joke in my view.”

This answer is so god damn stupid. The ways he mentioned, non of them provides the anonymosity and more importantly they are not free. He is right about one thing though, btc is only good for transferring money for now. Volatility is killing this things true potential.

member
Activity: 420
Merit: 10
This old man isn't tech Savvy , and doesn't understand the true potential of bitcoin .

Therefore , he can stay sat in a corner letting hot air slip between his crinkled nasty ass for all i care .

Unless you understand something , don't try or pretend to be an expert


i think he's in on a joke tho
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
he said that MONTHS ago dude...  Roll Eyes
legendary
Activity: 1582
Merit: 1000
One of the high ranking family member of the 13 inbred terrorist European Bloodline "Warren Buffet" tells his fans & investors to "stay away from Bitcoin."

You can find his excuses in the following articles below:

https://www.cryptocoinsnews.com/warren-buffet-stay-away-from-bitcoin/
http://www.forexminute.com/bitcoin/warren-buffet-oracle-omaha-suggests-investors-stay-away-bitcoin-2015-52383


Do you have any thoughts?
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