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Topic: WARREN BUFFET says Bitcoin won't end well - page 7. (Read 3834 times)

sr. member
Activity: 722
Merit: 258
Just brew coffee, sit on a chair, turn on your laptop and go to,, news,,.Pay attention to the hype around bitcoin and altcoins.Only a fool can't understand that soon we will live quite differently.Remember when it was in dreams and it seemed fantastic to see a person on the screen from another country or continent. Now it's reality.Now the situation with bitcoin is the same.And I can say that with bitcoin everything will be fine
newbie
Activity: 154
Merit: 0
You do not have to be scared. He is a man I respect but what he is saying is his personal opinion and everyone is entitled to his or her personal opinion. This is the basic thing. Cryptos are built on good technology and has a lot of real use cases. A lot of shit projects would die but Cryptos would surely be relevant in our daily lives
sr. member
Activity: 339
Merit: 250
I don't care about what warren buffet said. I am not afraid at all and remain confident and consistent with my investment in bitcoin. Because I believe that in the future bitcoin will become more popular than now and its value will definitely increase. If you are afraid, then sell the bitcoin you have. Because for people who have strong trust in bitcoin, they will definitely hold it for the long term.
full member
Activity: 714
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.

You should be used to these critics as their words are keep coming back over and over again. I remembered that famous banking owner JP Morgan was a number 1 critics before that he keep saying the same words of Buffet of criticism Bitcoin as a threat to their banking businesses but few months later he take back his words and announced the full support on Bitcoin. Therefore i suggest you to let them be with their criticism as we continue to our Bitcoin tasks too as sooner or later they will realize that they are wrong too.
newbie
Activity: 196
Merit: 0
i think that's just his own opinion of cryptocurrency. He is known as a non-crypto supporter so we should expect this kind of statement from Warren Buffet. This kind of statement will only make FUD but somehow you have to be smart about what to do with your crypto. We all have our own opinion of crypto may be negative or positive,so dont beleive and depened on anyone than yourself.
member
Activity: 952
Merit: 41
Well every man is entitled to his own opinion and at that Warren Buffet is one out of many who have come out openly to make negative statements about bitcoin and cryptocurrency that is will not end well, but the fact still remains that no one can rightly predict the future of cryptocurrency since it is decentralized and answers to the farces of demand and supply.
member
Activity: 518
Merit: 21
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.
There are many coins in the market that could probably stand alone without bitcoin in fact those coins could be exchange directly to USD or fiat currency. This is an indicator that cryptocurrency will not going to end. You could not say something like that when in fact you had the coin that is reliable and not independent with bitcoin and the good thing is that it could be exchange by bitcoin. Their platform is ready for anything that could be happen on cryptocurrency but then again bitcoin will not going to end.
jr. member
Activity: 126
Merit: 1
I think this is a PR move from Warren Buffett. After all, black PR is also a good tool for promotion. More and more people are learning about the Crypto currency and are starting to make money on it. Created a lot of successful projects based on the Blockchain, which are constantly evolving. And this shows us not the rapid decline of the crypto currency and rapid growth.
jr. member
Activity: 280
Merit: 1
As for bitcoins and crypto-currencies in general, there are many different opinions. I do not agree with the opinion of Warren Buffett. Bitcoin and crypto currency are constantly developing and are spreading massively. All this is very obvious.
newbie
Activity: 62
Merit: 0
Buffet is a big fish, and he understands what he says but yet still that end is not now if at all there is. It could be one of those strategies to lose up the tightened rope on crypto. Well anybody can predict, one mouth isn't enough to convince. I am an investor and an investor takes notice of time and market that's all I do.
newbie
Activity: 20
Merit: 1
Trust whatever you live with positive not always that you hear from people who are very influential for things that you believe it will be bad. The buffets just say his own opinion is not entirely a reliable thing to consider for you to believe.
keep walking as you believe.

We all believe in different things so what Warren Buffet have nothing to do from whatever we believes. Yet it's up to us if we absorb what we hear and see. Otherwise you're like a tissue paper that absorbs everything that comes.

You know the predictions are not likely to be true, I personally think that the decrease or increase of Bitcoin in the future is only for reference. The decision is still made by yourself from the perspective of the market.

Of course it isn't true. I just don't understand why people don't have their own balls and just keep listening from this kind of people. People that didn't know where their balls are and just sucking people's money from spreading fuds.


Whatever will happen to bitcoin or to other crypto currency , as long as we're still here and believe to its future nobody's prediction can change it. I know Warren Buffet isn't a hater yet we need like him to withstand things.

That's the main message here for everyone to understand. So what if John Bitcoinist is saying it will be $12 million by the end of the year, or Tom Centralbankist is saying that it'll be $14 ? You need to make decisions for yourself.

People should stop taking other people's analyses so seriously. Most forecasters are wrong more than 90% of the time anyway! None of us has a crystal ball, so why are we looking to others for answers? The only answers are what is directly in front of us: the chart, technicals, and sentiment. We've just got to hold on and trust that we made the right decisions.
newbie
Activity: 27
Merit: 0
Last days before The Billionaire investor Warren Buffet told One of news channel told the recent craze over bitcoin and other cryptocurrencies won,t end well. Buffett said he would not take a short position on bitcoin futures. He said that we do not own any, we are not short any we will never have a position in them. here are some views related to investing in cryptocurrencies involves very high risk, as price have been extremely volatile. cryptocurrency prices are not regulated, as more people enter the market lured by the high prices, the prices climb ever higher. This might lead to information of a bubble that will eventually burst and cause widespread losses.
newbie
Activity: 50
Merit: 0
I think we should not believe that even a liitle since he can't know what can really happen.
The thing im worried is that warren is a very famous person, what he says can influence what many people thinks, him saying negative thing about bitcoin can discourage others to even try to consider investing in bitcoin.
newbie
Activity: 67
Merit: 0
I don't think Warren Buffet is an Alpha and Omega in cryptocurrencies. Being a good trader doesn't make you a specialist in blockchain technology.
member
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
if you are a weak hand, sell !

bitcoin dont need weak hands
Well, Bitcoin never needed a weak hand. Most of the successful people investing in Bitcoin are mentally stable and they are always calm and never panic if Bitcoin prices drop. This is also the reason for their success
member
Activity: 260
Merit: 10
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.
Every day there are positive and negative news regarding cryptocurrency. I do not think that prominent people know the future, they likely want to maintain their popularity with such predictions, but confirmation is not the same. That is why it's up to everyone in what believe.
member
Activity: 220
Merit: 10
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.
And so what? Roger Ver are saying that bitcoin will go up to the sky after the EFT. We will face Bitcoin up to $50,000 per piece, we can believe in the Golden middle between that all.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
Trust whatever you live with positive not always that you hear from people who are very influential for things that you believe it will be bad. The buffets just say his own opinion is not entirely a reliable thing to consider for you to believe.
keep walking as you believe.

We all believe in different things so what Warren Buffet have nothing to do from whatever we believes. Yet it's up to us if we absorb what we hear and see. Otherwise you're like a tissue paper that absorbs everything that comes.

You know the predictions are not likely to be true, I personally think that the decrease or increase of Bitcoin in the future is only for reference. The decision is still made by yourself from the perspective of the market.

Of course it isn't true. I just don't understand why people don't have their own balls and just keep listening from this kind of people. People that didn't know where their balls are and just sucking people's money from spreading fuds.


Whatever will happen to bitcoin or to other crypto currency , as long as we're still here and believe to its future nobody's prediction can change it. I know Warren Buffet isn't a hater yet we need like him to withstand things.
newbie
Activity: 112
Merit: 0
Warren buffet is one of the most extravagant regarded merchant and businessperson and due to bitcoin furor which other see as a chance to win speedy with their put cash in crypto. A portion of the rich man of honor went to a hard route before they make their progress while in digital money, it was anything but difficult to create cash as long as your are great in advertising and you know how the framework functions with a specific end goal to offer and contribute at the correct time.
newbie
Activity: 20
Merit: 1
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.
Well this maybe true that in bitcoin system there might be bad ending on it in the near future. But for now i am positive that it will not happen because business are good for now from the local exchanges, bitcoin mining and other ways that we could earn in cryptocurrency like day trading.

Didn't he say something more positive about bitcoin only recently? Or is that Soros I'm thinking of? One big investor giant said they were looking at investing in bitcoin, I can't remember who.

Buffet probably said this in hopes he could instigate panic selling, and then he could get in cheaper. What else can you do, wait for an ETF to get approved?

There's enough support for bitcoin that we don't really need to worry about dinosaurs like him. He's missing out on a rapidly changing world so the best he can say is that it won't end well. Maybe his grandchildren will adapt to the future, but it sounds to me like he's being resistant.
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