Topic: Warren Buffet saids: “Stay Away From Bitcoin” - page 8. (Read 13980 times)
Tech stock or bitcoin is too difficult to evaluate. They do not provide predictable cash flow.
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?
Of course he doesn't like bitcoin. He made his fortune as the world's foremost value investor. Why should he change what works for him?
I don't think that there is such things like ''like'' or ''not like'' in investment business.
Investors always looking for the best ways to invest money, and they shouldn't involve their personal feelings in the process.
In business one thing is always true, if you don't change or adapt to the changes, you loose.
It seems that Warren Buffet is to old or to conservative to change and accept ''new things'' or new way of investment.
That, and he is too old to bother about bitcoin because once bitcoin is really adopted and he is proven wrong he is probably already dead because he is not the youngest among us.
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?
Of course he doesn't like bitcoin. He made his fortune as the world's foremost value investor. Why should he change what works for him?
I don't think that there is such things like ''like'' or ''not like'' in investment business.
Investors always looking for the best ways to invest money, and they shouldn't involve their personal feelings in the process.
In business one thing is always true, if you don't change or adapt to the changes, you loose.
It seems that Warren Buffet is to old or to conservative to change and accept ''new things'' or new way of investment.
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?
Well, one thing is sure.
When he says "buy bitcoin", then it is time to SELL
Buy low, sell high.
I bet he just don't want to take risk invest his money to bitcoin
And if me think bitcoin as investment, i won't invest my money to bitcoin
I bet he will be sad when bitcoin price raise up
And if me think bitcoin as investment, i won't invest my money to bitcoin
I bet he will be sad when bitcoin price raise up
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?
Of course he doesn't like bitcoin. He made his fortune as the world's foremost value investor. Why should he change what works for him?
Who cares? Eventually even geniuses stuck in old ways become outdated and irrelevant
Take the internet as an example.
People thought it would fail but it became the biggest thing ever in our history.
Yeah I agree.!! + Warren Buffet is a guy who works with his instincts..! probably he doesnt know abt BTC completely.!! n just says abt it instinctively!
Warren Buffett simply doesn't understand the potential of new technology because he's an old-fashioned, conservative investor. But he's still a great investor anyway.
He stays away even from every kind of company related to Internet or computer science in general... probably he's even not able to turn on a computer! Nonetheless he's still making big bucks and so he deserves respect.
He stays away even from every kind of company related to Internet or computer science in general... probably he's even not able to turn on a computer! Nonetheless he's still making big bucks and so he deserves respect.
Indeed. Buffet is an old school guy stuck in old school ways. Exactly the type of mogul who will be deposed by crypto.
He even admits he never invests in things he doesn't understand and he doesn't understand tech. He's just bitching because he doesn't get it.
I feel for him though. My local has a regular roots music/ country jam every Sunday, everyone goes, they love it huge success all round. I hate country music. I hate it even more for ruining my Sunday's now. Poor Buffet, maybe he wants to drink with me on Sunday? We can listen to my power electronics records and I promise not to mention cryptos.
He even admits he never invests in things he doesn't understand and he doesn't understand tech. He's just bitching because he doesn't get it.
I feel for him though. My local has a regular roots music/ country jam every Sunday, everyone goes, they love it huge success all round. I hate country music. I hate it even more for ruining my Sunday's now. Poor Buffet, maybe he wants to drink with me on Sunday? We can listen to my power electronics records and I promise not to mention cryptos.
Buffet has had his day. Isn;t it him that doesn't even own a computer or a cell phone or something? Regardless, let's let the Younger entrepreneurs and visionaries and the people with their fingers on the pulse of cutting edge technology put their money into this. I'm sure he will be regretting his comments in the future.
Indeed. Buffet is an old school guy stuck in old school ways. Exactly the type of mogul who will be deposed by crypto.
He even admits he never invests in things he doesn't understand and he doesn't understand tech. He's just bitching because he doesn't get it.
I feel for him though. My local has a regular roots music/ country jam every Sunday, everyone goes, they love it huge success all round. I hate country music. I hate it even more for ruining my Sunday's now. Poor Buffet, maybe he wants to drink with me on Sunday? We can listen to my power electronics records and I promise not to mention cryptos.
I wouldn't say that he is "bitching" about bitcoin, but rather is warning people that he does not know it is a good investment and that he does not invest in things unless he is certain that it will be a good investment. He even admits he never invests in things he doesn't understand and he doesn't understand tech. He's just bitching because he doesn't get it.
I feel for him though. My local has a regular roots music/ country jam every Sunday, everyone goes, they love it huge success all round. I hate country music. I hate it even more for ruining my Sunday's now. Poor Buffet, maybe he wants to drink with me on Sunday? We can listen to my power electronics records and I promise not to mention cryptos.
You are right to say that he does not understand bitcoin
Indeed. Buffet is an old school guy stuck in old school ways. Exactly the type of mogul who will be deposed by crypto.
He even admits he never invests in things he doesn't understand and he doesn't understand tech. He's just bitching because he doesn't get it.
I feel for him though. My local has a regular roots music/ country jam every Sunday, everyone goes, they love it huge success all round. I hate country music. I hate it even more for ruining my Sunday's now. Poor Buffet, maybe he wants to drink with me on Sunday? We can listen to my power electronics records and I promise not to mention cryptos.
He even admits he never invests in things he doesn't understand and he doesn't understand tech. He's just bitching because he doesn't get it.
I feel for him though. My local has a regular roots music/ country jam every Sunday, everyone goes, they love it huge success all round. I hate country music. I hate it even more for ruining my Sunday's now. Poor Buffet, maybe he wants to drink with me on Sunday? We can listen to my power electronics records and I promise not to mention cryptos.
Who cares? Eventually even geniuses stuck in old ways become outdated and irrelevant
Take the internet as an example.
People thought it would fail but it became the biggest thing ever in our history.
Who cares? Eventually even geniuses stuck in old ways become outdated and irrelevant
Warren Buffett has a huge responsibility upon his shoulders. Therefore he is an extremely cautious person, both when he speaks and when he invests.
There is no way he would ever endorse such a high-risk investment as Bitcoin currently is. Not even if he had a good grasp of the underlying technology and its benefits.
There is no way he would ever endorse such a high-risk investment as Bitcoin currently is. Not even if he had a good grasp of the underlying technology and its benefits.
He's been right so far. When he said bitcoin was dogshit it was near the ATH.
Buffett is a smart guy. He doesnt need to geek out on the blockchain tech. But he understands its a shir investment cause its all speculation
Buffett is a smart guy. He doesnt need to geek out on the blockchain tech. But he understands its a shir investment cause its all speculation
buffet used to see what many others didnt in his prime. now he is just living from his reputation and his predictions can influence markets..
He's been right so far. When he said bitcoin was dogshit it was near the ATH.
Buffett is a smart guy. He doesnt need to geek out on the blockchain tech. But he understands its a shir investment cause its all speculation
Buffett is a smart guy. He doesnt need to geek out on the blockchain tech. But he understands its a shir investment cause its all speculation
he makes it pretty clear that he only invests in things he believes are "sure things" Companies that are tangible where he can see earnings and talk to ceo's.
Of course he isn't going to support some random internet fad. If BTC takes off like we hope it will then trust me him and his people may not get in on the bottom but they will get in at some point when it is safe and stable and make 100x what any of us will lol
Of course he isn't going to support some random internet fad. If BTC takes off like we hope it will then trust me him and his people may not get in on the bottom but they will get in at some point when it is safe and stable and make 100x what any of us will lol
Warren Buffet is an oldschool master. (master of the masters actually)
“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.
“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.
His answer isn't "so god damn stupid" it's actually pretty logical, sensible, and smart. The only element he doesn't explain way is the finite amount of Bitcoins that will exist. If there were only checks or money orders or debit cards available in the world, let's say 21 million, would there be a premium to use them as a form of payment?
he doesn't understand bitcoin? it sounds really strange to me
he is one of the most important investors in the history
Say all he can, Bitcoin community will stand strong like always.
I'm a BTC supporter and yet, I believe Warren Buffet's right because BTC is not an investment. I see BTC as a currency and very few currencies are good investments. Does anyone think as the US dollar as an investment?
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