Topic: WARREN BUFFET says Bitcoin won't end well - page 3. (Read 3834 times)
Currently, bitcoin isn't over, so please wait patiently for the end of Bitcoin then give us some subjective comments.
"Stay away from bitcoin", he said. Sounds like he has some pretty strong opinions about it, beyond a simple lack of knowledge.
Warren Buffet is not a speculator and not even a venture capitalist. He would never buy something that doesn't have a future income stream attached, and he's not interested in funding startups either. And he never invests in things he doesn't understand, and bitcoin would be way past his understanding.
I have the utmost respect for Warren Buffet, I still respectfully disagree with him. I think bitcoiners can learn a great deal from him regarding his philanthropy and living modestly.
Now this is a big threat to Bitcoin because Warren is very influential in the finance market and it's sides. This can drastically reduce the investments from Big names, and companies. But i feel, there might be truth in what he said. He's a great investor and an excellent market predictor. If with his level of intellect, having scrutinized the system and comes out to say this, this might be true. But then again, Investment is a risk. And if you really need to make money from Bitcoin, or anything, then you have to follow your own emotional intelligence and brace what could turn out to be, good or bad.
At least in his eyes, Bitcoin won't end well. It might be a lack of understanding on his side, but we can't blame him for that. If he thinks that Bitcoin will go down in the long run, let him be. We, meanwhile, take advantage of the opportunities presented by volatility, investments, the blockchain, etc.
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.
Everyone in this world is free from any type of the restrictions to show his thinking and opinion about a particular thing .Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
Here Warren Buffet says well because he is saying what he is thinking , according his own analysis he is a better at his thinking , and here I am.with him and his statement because the main reason behind this favour is that , my thinking is fully positive in cryptocurrency field , here every year we seeing that market go for dump and again go for pump and that type of volatility going on that gives us opportunity, so in this way why people will get back , they will take advantage of this opportunity to make money .
And also day by day population of the world is increasing rapidly , so clearly that needs jobs , but as there are limits in everything , so they will move toward the cryptocurrency field , so at another side cryptocurrency are eliminating the problem of the unemployment .
So here how you can say that cryptocurrency end will be bad , surely if it happen then our end will be very bad because this is our need and we can't live our life easily without cryptocurrency .
So Warren Buffet is right at his thinking about the future of the world with cryptocurrency use and acceptance .
Is this just a strategy they will know how Bitcoin will have a good price or have a price that goes down. I don't think everyone will ever know the price of Bitcoin in the future.
He is also biased by default as he is one of the largest shareholders of Wells Fargo. As Bitcoin could very well become a competitor to Wells Fargo, there is a conflict of interest.
just because bitcoin will be widely adopted or used does not mean it is currently a good investment.
Warren Buffet is not a god, not even near. He may be an institution in terms of investment and business-related strategies but he also has some biases, personal ones, as well as likes and dislikes. So perhaps Bitcoin is not his cup of tea. That does not mean of course that the features of Bitcoin is no good at all simply because someone rich is saying so. That would not be fair. Others who are also wealthy and successful investors and businessmen are thinking otherwise.
all of us know that courses jump and we can't foresee for certain that will be in 5 years for example. And what is told... if the bitcoin fails, then one will tell that they knew for certain though they have just guessed. And others, in turn, if the bitcoin strongly towers, then will tell that they guessed or still something. so their assumptions only them also are.
The opinions of high-ranking people are just conjectures. Nobody can know what will happen to crypto currency and bitcoin in particular
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.
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
Few months ago, McAfee made prediction about some coins and tokens. And then what, his prediction is out of the market.
So i learn about one thing. Don't rely just on the prediction from someone even they are popular, use your analysis about the market too.
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 believe that this old investor speaks on the one hand the truth - because the appearance of bitcoin is not good for the world financial system. And on the other hand, it seems to me that a man is just envies))Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
Imagine that you could buy bitcoins for a few cents and sell for $ 20,000. This is the dream of any investor.
I assume that in this way he tries to influence the price increase, or, more precisely, to omit the price, later he will buy cheaper..
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.
Everyone in this world is free from any type of the restrictions to show his thinking and opinion about a particular thing .Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
Here Warren Buffet says well because he is saying what he is thinking , according his own analysis he is a better at his thinking , and here I am.with him and his statement because the main reason behind this favour is that , my thinking is fully positive in cryptocurrency field , here every year we seeing that market go for dump and again go for pump and that type of volatility going on that gives us opportunity, so in this way why people will get back , they will take advantage of this opportunity to make money .
And also day by day population of the world is increasing rapidly , so clearly that needs jobs , but as there are limits in everything , so they will move toward the cryptocurrency field , so at another side cryptocurrency are eliminating the problem of the unemployment .
So here how you can say that cryptocurrency end will be bad , surely if it happen then our end will be very bad because this is our need and we can't live our life easily without cryptocurrency .
So Warren Buffet is right at his thinking about the future of the world with cryptocurrency use and acceptance .
Many people have said that, but maybe Bitcoin is good and there will be no end.
I think that in the event of a global crisis, most of the spheres of the economy and cryptocurrencies may suffer. I think cryptocurrencies have a chance to adapt to new economic conditions. The currency has a great future.
This is very important news for all of us. Warren Buffet is one of the richest and smart man living. I am agree with him as well. The Bitcoin never going to end, as all we see the investment of cryptocurreny. The BTC has the largest market cap like %55-60. So with this new world order the cryptos will live.
It's really necessary for everyone who wanted to be part of this growing network to understand and to make sure that they can't be shake by any popular names like Warren Buffet to avoid miscalculations and interpret the market in the wrong way, do your best to collect ideas so you will be able to go with the flow.
There is truth in his words. If you look at what is happening in the market, you can be horrified. There is a huge number of new projects, and blind investors continue to invest in them. Of course, this situation will not last long and will lead to a bad result. But not for bitcoin.
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