Topic: Warren Buffet saids: “Stay Away From Bitcoin” - page 2. (Read 13980 times)
yep stay away from bitcoin... so Warren Buffet can take over what you left behind
A person with billions of course will be on the side with banks that hold their own fiat currency instead of of a currency whose value relies on the user(s). If his whole wealth was in purely bitcoin (hypothetically), his net worth would fluctuate hour by hour. I don't expect him to be so into the currency. Take a technological billionaire like Bill Gates or Mark Cuban who made their wealth through start ups with the internet. They'd be much more into the technology into Bitcoin (therefore a supporter) and rather than looking at it from only an economical viewpoint which is what Buffet is doing, they would see it's unique technology.
Have Bill gates or Mark Cuban made any statements related to Bitcoin? Or, at least, ones that are worth reading? I think we can safely assume that most other billionaires that don't have large hands in the technology sectors don't have really informed opinions, but I could easily be wrong.
A person with billions of course will be on the side with banks that hold their own fiat currency instead of of a currency whose value relies on the user(s). If his whole wealth was in purely bitcoin (hypothetically), his net worth would fluctuate hour by hour. I don't expect him to be so into the currency. Take a technological billionaire like Bill Gates or Mark Cuban who made their wealth through start ups with the internet. They'd be much more into the technology into Bitcoin (therefore a supporter) and rather than looking at it from only an economical viewpoint which is what Buffet is doing, they would see it's unique technology.
Warren Buffett must be highly respected for what he has achieved in the world of finance. Emphasis on the word 'achieved' though. He's about 85 though isn't he? He's probably way out of touch with modern finance methods never mind bitcoin. He should be on a yacht somewhere, drinking Cristal with 4-5 Russian escorts snorting cocaine off his dick. Leave stuff you don't know about alone Warren, enjoy life..........what's left of yours 
He really should be yachting and getting high with the hoes. But he's not. He's talking trash about btc. Maybe we should hack some of his sites and take them down.
Warren Buffet is delusional...
He is one the well-known haters.
He is so focused in being a digital currency hater that he doesn't even want's to see what's the positive aspects about it.
He is one the well-known haters.
He is so focused in being a digital currency hater that he doesn't even want's to see what's the positive aspects about it.
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?
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?
Made me laugh! This man doesn't really understand Bitcoin! This man understands stocks better! If he can't understand an innovation, he mustn't discourage other people to let the technology innovate the world! Mr.Buffet, Better Focus On Stocks rather than Bitcoins
I saw some research that currently the miners get about 0.5% of their income from transaction fees. Wouldn't be fair to say that when no new bitcoins can be mined any more, the transaction fees would have to increase at least 200 times?
No because Bitcoin will (hopefully) be worth a lot more then.
Yes, he is watching our activities here to make sure bitcoin development wont disturb his business 
Not all people can admit bitcoin in this world, even for rich guy like Buffet. He doesnt feel any advantage of bitcoin, since he have had everything in his life, so its advantage not working for him. Although he pay taxes, his wealth couldnt be reduced. But for us, we really need avoid any high taxes as many as possible, thats why we are thinking bitcoin is really helpful for us.
Not all people can admit bitcoin in this world, even for rich guy like Buffet. He doesnt feel any advantage of bitcoin, since he have had everything in his life, so its advantage not working for him. Although he pay taxes, his wealth couldnt be reduced. But for us, we really need avoid any high taxes as many as possible, thats why we are thinking bitcoin is really helpful for us.
Warren Buffett must be highly respected for what he has achieved in the world of finance. Emphasis on the word 'achieved' though. He's about 85 though isn't he? He's probably way out of touch with modern finance methods never mind bitcoin. He should be on a yacht somewhere, drinking Cristal with 4-5 Russian escorts snorting cocaine off his dick. Leave stuff you don't know about alone Warren, enjoy life..........what's left of yours
Warren Buffet has never gotten anything right when it comes to technology. Im pretty sure the idea of investing in Mastercard and Visa wasnt his and some adviser told him to do so.
I think warren buffet will change its mind the same way that bill gates has done it when he realised of the bitcoin potential
Yes, once he has bought as much as he can sub $300 he will suddenly have a change of heart.
I think we can safely assume he doesn't give the remotest shit about crypto and never will.
No he isnt lol because that guy(BTCtalk one) seems to know much about Cloudmining sites! Why would real Warren Buffet even care about cloud mining ponzis?
I think warren buffet will change its mind the same way that bill gates has done it when he realised of the bitcoin potential
Yes, once he has bought as much as he can sub $300 he will suddenly have a change of heart.
I think warren buffet will change its mind the same way that bill gates has done it when he realised of the bitcoin potential
listen to the old man, stay away from bitcoin and sell them low... so he can buy them all
That's exactly what I was thinking when I read the title. After all, he didn't make his billions by announcing what he was doing ahead of time to everyone.
listen to the old man, stay away from bitcoin and sell them low... so he can buy them all
Buffet has made a lot of money investing, but that doesn't mean he's infallible
http://www.investopedia.com/financial-edge/0210/buffetts-biggest-mistakes.aspx
exactly Buffet is not an "oracle." Just because he says something it doesn't mean he's right. Thus, his opinion on bitcoin is just that: an opinion. And since Buffet is fallible http://www.investopedia.com/financial-edge/0210/buffetts-biggest-mistakes.aspx
Buffet has made a lot of money investing, but that doesn't mean he's infallible
http://www.investopedia.com/financial-edge/0210/buffetts-biggest-mistakes.aspx
http://www.investopedia.com/financial-edge/0210/buffetts-biggest-mistakes.aspx
He's a value investor, not a speculator and that's all Bitcoin is right now. If you throw in his aversion to tech on top and his public vow to never invest in something he doesn't understand, he's being fully consistent and outed himself as someone whose opinion isn't relevant on this subject.
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