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Topic: WARREN BUFFET says Bitcoin won't end well - page 28. (Read 3834 times)

full member
Activity: 340
Merit: 100
February 13, 2018, 06:55:59 PM
#81
Of course it won't end well, juts like the dollar, the euro, all human made currencies of the past 10,000 years. Life itself, if I remember well, doesn't end well, for none of us. What matters is just what happend BEFORE one day it eventually won't end well.
member
Activity: 238
Merit: 15
February 13, 2018, 06:33:36 PM
#80
In general, Warren Buffet is right, because all cryptoworld is big financial pyramid. But right now this pyramid is still working and we might make profit))
newbie
Activity: 15
Merit: 0
February 05, 2018, 05:49:22 PM
#79
Well, the man does not even have a computer in his office so I would not listen to much...
sr. member
Activity: 434
Merit: 250
February 05, 2018, 05:43:43 PM
#78
Cryptocurrencies are not stable currency. Their values goes up & down. So we cannot make investment in bitcoin according to anyone's words. Our personal decision is what matters here. Dont take decisions according to anyones statement.
When it comes to investment,can you pin point any form of investment that could give you are guaranteed profit,be it in stock exchange or any form of investment,there is no stable prices not guaranteed profits in any investment,if you are able to take the risk,you will reap the benefit . Wink
member
Activity: 416
Merit: 21
February 05, 2018, 02:32:33 PM
#77
warren buffet itself is in big problems so how can he say something about bitcoin future
legendary
Activity: 1652
Merit: 1007
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February 05, 2018, 07:44:14 AM
#76
Grow some balls dude and stop kissing senior citizens asses. Warren Buffet? Do you really think he has ever turned on a PC in his life? It would be like me teaching classes about how to fly a spaceship. He knows shit about crypto and new industries and all he s trying to do is to protect his way of making shitloads of money.
newbie
Activity: 147
Merit: 0
February 05, 2018, 07:42:18 AM
#75
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.
A lot of people say it for few years and look what happen now.
People are sceptical but in the end bitcoin show them he is here to stay.
legendary
Activity: 1540
Merit: 1029
February 05, 2018, 07:41:35 AM
#74
Warren Buffet has absolutely no reason to support BITCOIN. In fact, it is an enemy of his fiat based money system and therefore should be opposed. No surprise here.
brand new
Activity: 0
Merit: 0
February 05, 2018, 07:33:58 AM
#73
As he himself admitted, he knows nothing about technology behind cryptocurrencies.  In that sense he's smart enough to know not to invest into something he doesn't understand.

BUT, Warren Buffet isn't god and he can't tell the future.

Those two combined - why listen to him talking about bitcoin? Might as well ask Lady Gaga or Dalai Lama.
sr. member
Activity: 774
Merit: 250
February 05, 2018, 07:39:12 AM
#73
Everyone of us entitled for an opinion even some saying bitcoin will end. It won't end well although there are many fud happening always that makes bitcoin price decrease. So before we make an action in cryptocurrency think more and decides well. At the end we can gain benefits in bitcoin.
full member
Activity: 490
Merit: 101
February 05, 2018, 07:20:17 AM
#72
This is definitely another FUD! I want to believe that over time, this Warren Buffet talks will no longer be taken seriously as people do see the results /outcome of his talks. The good thing is that his thoughts do help the markets in a way to anticipate the market trend from traders' behaviours. Let him continue is talks, those who are reaping from it are enjoying is interference.
member
Activity: 686
Merit: 26
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February 05, 2018, 07:13:00 AM
#71
he is not a god, even though he is on the list of the richest people in the world
it's just a speculation, and we can not, just believe it
essentially, do not be influenced by negative news, from whichever source

Well many big experts in their field have already commented on this and they do consider it as a bubble and nothing more than this. But btc has being fairly doing well other than in the last 2 months where the fall is drastic and it is still continuing to fall. We would require some positive news so that btc starts rising again.
jr. member
Activity: 201
Merit: 1
February 05, 2018, 07:10:13 AM
#70
I expect that institutional buyersare/ will buy soon and then we will have good news and btc will go up like crazy unsustainably, after that we will see a new crash. This will go on untill the market matures. For now you will have to play ball  Grin

If you have funds wait for the right moment to buy, it may be now for some or later for others, it all depends on your situation.
If you bought it for really cheap and are shitting your pants, sure sell, but for others holding makes sense.
Way too many things are involved in this thing and it is a thing that won''t go away ever. Actually it hasn't begun yet
member
Activity: 132
Merit: 11
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February 05, 2018, 06:58:27 AM
#69
I think he is now seeing the profit potential in doing Bitcoin investment, which is why they will keep on bashing Bitcoin in order to bring its current price further down only for them to buy it, its a common strategy by many wealthy investors. I believe that Bitcoin will not end as it is the future of our currency, it is neccessary to revolutionize of financial system to cope with globalization. Sure there are still a lot room for improvement, but I am confident that these will be resolve as time passes.
newbie
Activity: 84
Merit: 0
February 05, 2018, 06:58:07 AM
#68
he is not a god, even though he is on the list of the richest people in the world
it's just a speculation, and we can not, just believe it
essentially, do not be influenced by negative news, from whichever source
newbie
Activity: 28
Merit: 0
February 05, 2018, 06:44:35 AM
#67
There were really many entrepreneurs and specialists who have talked about bitcoin for a year, probably since its inception ... Since then, how long have we had to wait to see a fortuitous fall of bitcoin? Years! And it could only be given due to governmental factors and probably the sale of contracts through the wall street.
copper member
Activity: 294
Merit: 0
February 05, 2018, 06:24:40 AM
#66
Cryptocurrencies are not stable currency. Their values goes up & down. So we cannot make investment in bitcoin according to anyone's words. Our personal decision is what matters here. Dont take decisions according to anyones statement.
member
Activity: 308
Merit: 11
February 05, 2018, 06:19:50 AM
#65
I think he probably has a limited grasp of the technology, hence his views. The volatility in the market is a problem though-however to control the volatility  would need some form of centralized control which of course defeats the object of crypto.
sr. member
Activity: 1470
Merit: 325
February 05, 2018, 06:16:44 AM
#64
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.

buffet is just a neo-communist, who lives well off the american bankster cartel that forces many people to sell him their time like moden slaves and work in "his" corporations making him a billionaire, and burn their live for him,

there is no wonder he is arguing against bitcoin and cryptocurrencies and hating them, even if he tries to look polite, but its inevitable that his billions will disrupt massively in the years to come as many others
newbie
Activity: 2
Merit: 0
February 05, 2018, 06:16:30 AM
#63
Last time I followed Buffet advice on buying airline stock. People got dragged off the plane and stocks in the airline industry tanked like a skunk. I finally broke even this year. Crossing my fingers that AA or United don't drag anymore customers off the plane. He might not believe in btc. We are doing the same thing he does with companies. We are holding it for the long term. Nothing is gain in the short term imo.
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