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Topic: WARREN BUFFET says Bitcoin won't end well - page 14. (Read 3834 times)

member
Activity: 252
Merit: 10
no one can guess the future, anyone who states that bitcoin will end badly. I consider it just a mere nonsense.
only the future itself will prove how the end of bitcoin. ends good or bad. we just wait.
member
Activity: 392
Merit: 12
I think that we shouldn't worry about what would happen in the end, bitcoin is the best investment prospect out there now, so just invest and make money, don't worry about the end.
jr. member
Activity: 146
Merit: 1
He isn't wrong.


Bitcoin bubble burst hard. People that were invested early on benefited while the people that jumped on the hype train got burned.

Well its possible because there are so many people who supoorts bitcoin and bitcoin's performance is quite amazing. There are so many people who earn profit on bitcoin, leave their jobs and make bitcoin priority. Bitcoin will never be dead because it has a strong community. Many people supports bitcoin.
legendary
Activity: 2828
Merit: 1515
He isn't wrong.


Bitcoin bubble burst hard. People that were invested early on benefited while the people that jumped on the hype train got burned.
full member
Activity: 546
Merit: 102
there are some bit guys also say the bitcoin era will end with bubble (Jack Ma also says the same)
but i dont think so
the world needs a decentralized and fast payment system, which is the current banking weakness
Large transaction costs are also a concern of people on poor country
and on the other side cryptocurrencies such as Bitcoin, Litecoin, Nano, Ethereum and the others have the advantage of the current banking system weakness

time will tell...
full member
Activity: 518
Merit: 101
Warren Buffett can have all the riches in life but i don't think that anyone knows exactly what is going to happen about cryptocurrencies. He may be saying that because of the critical point the cryptoworld is facing today but that's just normal because per bitcoin history, there is really a time that bitcoin falls down hard but always comes back strong.
newbie
Activity: 22
Merit: 0
About Bitcoin told many times different popular investors and others and everytime it's different words and opinions.
newbie
Activity: 112
Merit: 0
All I can say is that they are seriously underestimating the potential Blockchain and Cryptocurrency.
By the time they realize the what the amazing technology can offer it may be too late.
Hopefully no one tries to create the "bad ending" himself or tries to slow things down.

Maybe they're not underestimating, maybe they're just buying time and cheap coins.  Grin
That kind of people often have a nose for things for making money so I really believe that they're already in the game just don't want the world to know it until they own a big chunk of the market.
newbie
Activity: 72
Merit: 0
he cant say what can happen in the future though. even if he is a gian investor, he can't predict what can happen.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
All I can say is that they are seriously underestimating the potential Blockchain and Cryptocurrency.
By the time they realize the what the amazing technology can offer it may be too late.
Hopefully no one tries to create the "bad ending" himself or tries to slow things down.
newbie
Activity: 126
Merit: 0
From my opinion , No one can end the Bitcoin. Its a huge process and one W. Buffet  cant end it.
member
Activity: 392
Merit: 11
Maybe he is correct, maybe he is wrong! For me it does not matter at all, I know that blockchain technology is here for stay and I would bet my money on that technology and the underlying cryptocurrency. I think what we see today is simply the market cycle, for sure the price of  Bitcoin will bounce back and we will see a bull market.  What we need to have is patience!
newbie
Activity: 26
Merit: 0
Thank you for the explanation.  It really helps for the ones who are interested in Learning about Bitcoins. Am interested in Learning about bitcoin and Crypto trading, So I think this forum would be a great resource for me.
sr. member
Activity: 630
Merit: 250
As billionaire Warren Buffett says, he believes all crypto will collapse in five years. However, Warren Buffett admits he does not have much knowledge of the cryptocurrency market.
in this world may collapse all, but depends from what height, and how low. while it is seen that the market is turning and again begins to look up.
full member
Activity: 854
Merit: 100
It’s his prediction and in the world of cryptos every kind of prediction is acceptable. It’s only time which will prove who is right and who is wrong. I find myself believing that bitcoin will be very successful in the future.
full member
Activity: 434
Merit: 108
Why do you care so much about Buffett's opinion? why are you not worried about the opinion of trump or Kiyosaki about bitcoin? Buffett is almost 90 years old and he does not understand what bitcoin and blockchain are. His brain may not understand this chain of relationships. I respect him, but I don't understand his decision.
newbie
Activity: 81
Merit: 0
As billionaire Warren Buffett says, he believes all crypto will collapse in five years. However, Warren Buffett admits he does not have much knowledge of the cryptocurrency market.

Yes, maybe he does not really understand this. Or maybe this is a fraud and thus it affects the price of bitcoin. I think that such people do not just say anything.
full member
Activity: 630
Merit: 100
he is a old man, He can't adopt with bitcoin.  and he didn't say a good word for bitcoin without those worst sentences.
full member
Activity: 560
Merit: 112
It didn't went well for everyone who invested in Bitcoin when it was at its ATH, but for everyone who is smart and buys the dip I don't see how BTC will end bad for them  Grin am I missing something here? Warren Buffet knows that what goes up - it goes down and of course the opposite: what goes down - it goes up. This is a common rule in the world of trading. Why would you invest at BTC during such crazy run like the one in December? That's pure FOMO with 0 due diligence about the market. If Buffet says the same thing now again, then I can only laugh at him LOL.
full member
Activity: 387
Merit: 100
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.

Buffett is a very well-known personality and understands a lot about investments and shares, but I think a person lives by the old rules and principles, it is difficult for him to understand the principle of the blockchain. In this matter, I'm sorry that Buffett does not share the point of view with Robert Kiyosaki, who on the contrary sees a great future in bitcoin. And he, by the way bought a few dozen bitcoins.
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