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Topic: WARREN BUFFET says Bitcoin won't end well (Read 3834 times)

member
Activity: 237
Merit: 10
October 06, 2018, 12:59:56 PM
this is what i can say then...
bitcoin is getting the engage to everyone
bitcoin is getting well to every county.
why not should we throw the probability of it.
bitcoin will make the fortune for everybody
member
Activity: 434
Merit: 10
October 06, 2018, 12:49:35 PM
Recently, Warren Buffett increased his share in the company Apple. Despite the fact that he was previously against investing in technology companies. Soon he will change the view to bitcoin ))
newbie
Activity: 21
Merit: 0
October 06, 2018, 12:46:22 PM
warren buffet is not a technology expert, so he might be saying it wrong.the likes of mark zuckerberg can predict it and we would beleive
full member
Activity: 266
Merit: 100
October 06, 2018, 12:40:23 PM
Bitcoin can end badly if people no longer use it as a decentralized transaction tool. But if modern society starts to use bitcoin as a means of paying, investing, saving then I think bitcoin will continue to exist and its value will increase.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
October 06, 2018, 12:30:19 PM


Warren Buttfart



member
Activity: 351
Merit: 10
October 06, 2018, 09:47:39 AM
It is a foolishness if someone decide the fate of a great invention like bitcoin because words of an one Individual. Warren buffet is a great businessmen in the world without a doubt in this era but I think for him bitcoin is a subject and a concept that haven't understand properly because he may have decided the future of crypto market based on his knowledge about share market and other investment options that he has come across in his journey to success but we know those are entirely different subjects and areas so we should be more confidence about bitcoin  
newbie
Activity: 29
Merit: 0
October 06, 2018, 09:37:36 AM
I have found a trustworthy project for investment. It is called Hello Gold Foundation. They are heavily vested in blockchain technology and focused on expanding the availability of products that are targeted at helping the underserved and unbanked. By supporting in this project it is possible to support much more startups that will reside grants from HelloGold foundation for their development.
newbie
Activity: 18
Merit: 0
October 06, 2018, 09:34:23 AM
Well Warren is perhaps only joking and did not really think through it.
jr. member
Activity: 168
Merit: 1
October 06, 2018, 08:54:05 AM
What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.

I think in the world  investment you cannot believe someone's words 100% even though he is a warren buffet, because you are a person who has complete control over your money, your profits or losses in the future are the results of your analysis, whatever said warren buffet if your analysis is always the target of eating you will always be profitable, indeed crypto has a very large risk and from what I know warren buffet is an investor who, if we see an average investor prefers low risk investment.
newbie
Activity: 24
Merit: 0
October 06, 2018, 08:27:38 AM
If they continue looking at like an investment, it sure will. The questions is, do we truly want to use crypto as a real payment currency?
full member
Activity: 149
Merit: 100
October 06, 2018, 08:20:53 AM
He say this because he dont bought bitcoins otherwise, he would be promote bitcoin
member
Activity: 532
Merit: 15
October 06, 2018, 08:19:25 AM
Mr. Buffet was wrong about Google and Amazon - just as example. He is a great investor and business person, but that doesn't mean he can predict the future. and interesting thing is, most of his investments are in exiting product market, he never invests in anything new.

Also, this CNBC article may help you understand his regrets
https://www.cnbc.com/2017/12/15/warren-buffetts-failures-15-investing-mistakes-he-regrets.html
jr. member
Activity: 252
Merit: 1
October 06, 2018, 07:56:08 AM
perhaps he is trying to find a price to enter, so creates negative news)
sr. member
Activity: 578
Merit: 250
October 04, 2018, 08:45:13 AM
before it's "won't end well", you can make very good money on it, so even if he's right, it doesn't mean anything
full member
Activity: 462
Merit: 100
October 04, 2018, 05:30:42 AM
yes maybe that bitcoin will not end well, so all investments like other currencies will definitely end up not good, and in cryptocurrency this has a very high risk so it depends on your courage.
copper member
Activity: 266
Merit: 0
October 04, 2018, 05:17:28 AM
Eventhough Warren Buffet is a reputable person especially on investing in tangible assets, I still think that he is wrong. You should never take a word of other when you are in cryptocurrency. If you are scared because of what Warren said, then you should go sell your Bitcoin and go find a stable job where you wouldn't rely on the market's demand for the price.
newbie
Activity: 42
Merit: 0
October 04, 2018, 04:56:58 AM
Warren Buffet said bitcoin is simply a new, more effective way of transferring money. That's his opinion. Hopefully, because he is good in the market and the economy, everything can happen.
full member
Activity: 361
Merit: 101
September 30, 2018, 08:58:08 AM
When he started to invest, there wasn't even computers. He's a really old man who has no idea about technology. He also invested in Apple many years after he thought Apple wasn't a good investment.
full member
Activity: 616
Merit: 100
September 30, 2018, 08:46:38 AM
many people said that bitcoin wont end well, bitcoin is the real buuble, and many people dont believe in bitcoin anymore, but for use, people that believe in bitcoin its nothing, we should use bitcoin as long as we can, no mater people said we should use bitcoin again and again
hero member
Activity: 840
Merit: 520
September 30, 2018, 08:39:55 AM
What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
Bitcoin was introduced to the people in 2009 and that time also there were many people who were saying that bitcoin would not end well or will end up very soon as it was indigestible for all of them to believe how could one currency be so much beneficial then there were very few people who believed in bitcoin and now they are the bitcoin billionaires so this is that potential of bitcoin and now morons are those people who are still saying that bitcoin will not end well.
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