Warren Buffet statement again - page 5.

muratsink

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Quote from: jeromix on March 03, 2019, 09:33:42 AM

LOL, it his character and attitude and we could not change his ways and syrategy. Besides, he is only stating his opinion and that is not wrong for we have the freedom.of expression. Wether it could affect btc market price or not we should be thankful that btc has been talk over to which it could attract other people to join the crypto world.

if we let him and don't warn him, then he will continue to spread the FUD, and influence others, I'm afraid his statement will be accepted by fools who don't understand the crypto system.

and finally FOMO will weaken the crypto market. then, he can also make every user become panic.

qwertyup23

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Quote from: muratsink on March 03, 2019, 09:29:39 AM

Quote from: CaVO32 on March 02, 2019, 06:15:59 PM

i don't believe that he has the say about the current situation of crypto market. even without him, crypto is moving on and continue to grow day by day. he might have been quietly investing in bitcoin also or other altcoins. so we really don't know the truth here. most of the news that we read are superficial and we need to filter which one is really true or not.

this is the right news, you can see on CNBC, I think CNBC always directs Warren to make bad statements about BTC.

I do not believe he save assets in crypto, until today, I did not find news about that.

yes, without Warren, crypto will always create graphics, but every his bad statement is a virus and it can make the crypto world weak and even downtrend.

Unfortunately, that is the sad state in investing nowadays since most newbie investors purchased bitcoin impulsively without researching and studying the market. They now based their decisions on famous investors (which is not entirely bad!) and follow everything that they said despite the results showing the opposite of it!It definitely is a poison to the community which further backs away potential investors.

Warren Buffet statements stem from his belief that bitcoin does not have any innate value unlike the conventional method like what he did to built his empire. Every year, an era evolves slowly and we adapt to the inevitable change! Cryptocurrencies may be the future of investing considering the success it has been through.

muratsink

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Quote from: thinkpad99 on March 02, 2019, 06:53:08 PM

Quote from: muratsink on March 02, 2019, 06:09:33 PM

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.

Look what said about the cryptocurrencies CEO JPM Morgan - all the time he claimed that Bitcoin is a scam, and now he creates his own cryptocurrency. These people just want to manipulate the market to earn money, nothing more. Never trust such people!

I don't believe in him, I don't like each of his statements. but, is there someone else who has a way to close his mouth, and stop every bad statements from him?

I think, we have to wait until BTC controls the world economy to make him aware.

Pursuer

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it is now starting to turn into a common thing where they used to attack bitcoin and now they are singling bitcoin out and separating it from its technology then praise the technology while bashing bitcoin itself. after some time you figure out they have made their own shitcoin which is also centralized and useless. I am not sure if Warren Buffet is going to do that but he certainly has stakes in centralized coins such as that. he may even have some hands in the pockets of the banks he is supporting with his words.

jeromix

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LOL, it his character and attitude and we could not change his ways and syrategy. Besides, he is only stating his opinion and that is not wrong for we have the freedom.of expression. Wether it could affect btc market price or not we should be thankful that btc has been talk over to which it could attract other people to join the crypto world.

muratsink

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Quote from: CaVO32 on March 02, 2019, 06:15:59 PM

i don't believe that he has the say about the current situation of crypto market. even without him, crypto is moving on and continue to grow day by day. he might have been quietly investing in bitcoin also or other altcoins. so we really don't know the truth here. most of the news that we read are superficial and we need to filter which one is really true or not.

this is the right news, you can see on CNBC, I think CNBC always directs Warren to make bad statements about BTC.

I do not believe he save assets in crypto, until today, I did not find news about that.

yes, without Warren, crypto will always create graphics, but every his bad statement is a virus and it can make the crypto world weak and even downtrend.

Dumont31

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I can say it too that I don't believe in crypto market, but in my head it could be something different than what I really think. As I read in this topic, it's all about profit and market manipulation. These people can influence the market. I'm skeptical that Warren Buffett doesn't know about crypto in depth.
"system may be “genius,” but the cryptocurrency doesn’t have much of a value and attracts charlatans." So is all about people?
Anyway, we have many great stories on technology that haven't received support from the elders.

gabbie2010

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I believed that is Warren buffet personal point of view regarding bitcoin as a delusion I am very pleased that all the previous negative statements credited to him on bitcoin had not really made any impact on the price of bitcoin, does it dump or pump it? No while bitcoin continue to gain wide adoption and acceptability I hope some dayWarren Buffet will change his negative perception about bitocoin to a positive one.

Gozie51

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Quote from: K2100 on March 02, 2019, 07:59:12 PM

Who cares what some billionaire thinks? Sure he has trading experience but that does not mean he can tell the future of crypto.

Yes, whatever these guys say won't stop the growth and adoption of bitcoin. They have realized that cryptocurrency has the possibilities of creating wealth for the new generation to turn into millionaire s too and so , I think they are spreading fur to try and stop bitcoin. If bitcoin is stopped, then altcoins are stopped too.

Pom_bensin

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Quote from: muratsink on March 02, 2019, 06:09:33 PM

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.

maybe warren buffet takes advantage of the situation to quietly take profits from bitcoin. in fact it is not necessary to blame this is only a moment that we do not have to believe the truth

baghdatis1990

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Warren Buffet is subjective in his statements. It's logic. Warren Buffet as well as other rich people, being some known people, just want to manipulate the masses of people. They are known to strongly influence people crypto-passionate. They just want the crypto coins to become very cheap for then these rich people to buy and make big profits. That's all about it.

Dreamchaser21

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Well, only newbies will listen to what Warren Buffet has always to say with bitcoin. Maybe he’s saying this to save his own company. Bitcoin and blockchain technology has always a good reason to overcome any big companies and for sure, Warren Buffet see the threat and that’s why keep on spreading FUD.

talkbitcoin

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All I know is that I know nothing.

who cares about what Warren Buffet and others say about bitcoin, it should not matter even if they are positive about it. the only thing that you should care about is your own study about bitcoin and whether or not you see any potential in it. people like Warren Buffet never got rich by sharing their real secrets about how they got where they are at the time when they were investing.

AmoreJaz

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Quote from: franky1 on March 02, 2019, 11:19:41 PM

warren buffet is more of a commodities guy.. not an asset guy
if you watch the whole segment including other interviews he does

he would rather invest in a farm that makes corn with a yearly 5% profit.. but not invest a farms end product(popcorn) that makes 7%
because to him the farm can keep producing year in year out. but popcorn is an end product that produces nothing new even if you hold it for years

so to warren buffet the COIN bitcoin is like popcorn, it has a value but doesnt produce anything.. but the technology behind it blockchain(bitcoin protocol) has a value and can grow year on year

the issue is you cannot invest in the protocol

you presented a good analogy of what he might be really thinking towards bitcoin.
thus, giving him a different perspective when it comes to dealing with it.
sooner or later he might change his views, he's only human like us.

Quote from: Baofeng on March 03, 2019, 12:49:31 AM

It's because Warren Buffett doesn't have any first hand knowledge about bitcoin. There have been interviews wherein he admitted not knowing about it, and all information he got is second hand opinion, so what do you expect? Let him talk and voice it out, maybe others can be sway by it, but I'm sure majority knows that Warren is wrong with his bitcoin attacks.

this maybe the reason why he doesnt believe the capability of bitcoin.
he's like a newbie to bitcoin but for sure he already read a lot of articles pertaining to its existence

Malam90

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Quote from: muratsink on March 02, 2019, 06:09:33 PM

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.

He praised Blockchain technology but he ignores Bitcoin, this is radiculas from the point of view. This type of person should be avoided and shouldn't heed upon their words.

davis196

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Quote from: muratsink on March 02, 2019, 06:09:33 PM

At the end of last February, Warren made a sensation again by saying that BTC was only a Delusion. He also said that BTC does not have a unique value, BTC cannot make a profit.

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

but on the other hand, the Warren Buffet company has a large loss of $ 4.3 billion. I don't like this person, he always has a bad statement to make the crypto market fall.

Nobody in the crypto world cares about his opinion anymore.He's not a financial god and his prediction aren't always right.In the future,every currency and every financial asset(stocks,debentures,mortgages) will be blockchain-based.Saying that you can't make profit with bitcoin is a delusion. Grin

dothebeats

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Cashback 15%

The man believes what he wants to believes, so let him be. He's been pretty negative regarding bitcoin for the past couple of years so it's not surprising that he still hasn't changed his POV one bit. For him, blockchain technology has the capability to expand and processed even more for greater utility, whereas bitcoin is just bitcoin, a currency system which, like fiat, can fail at any given time. Most services and giant companies, too, believe that blockchain has the capability to turn the industry around by a huge margin, so let them believe what they want to believe. After all, bitcoin is not a business model that needs to succeed and produce profits.

Baofeng

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It's because Warren Buffett doesn't have any first hand knowledge about bitcoin. There have been interviews wherein he admitted not knowing about it, and all information he got is second hand opinion, so what do you expect? Let him talk and voice it out, maybe others can be sway by it, but I'm sure majority knows that Warren is wrong with his bitcoin attacks.

Kakmakr

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Just remember one thing, every Dollar invested into Bitcoin is possibly a Dollar that could be invested in the commodity or stock that he is invested in, so it devalues his investments, when people invest in Bitcoin and Crypto currencies. Why would a Goldbug praise Bitcoin for instance, when that money could have driven up the demand for Gold?

They all have hidden agendas and most of them in the commodity markets and stock markets are taking big losses at the moment, so they have to bash the competing investment tools. Angry

jseverson

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Quote from: muratsink on March 02, 2019, 06:09:33 PM

Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.

Eh, I don't think there's a reason to believe that he's lying about his views. He's made a lot of money doing what he does, so it's only natural for him to think that his way is the best way. That doesn't mean what he's saying is right, just that he's been successful practicing what he preaches up until now. Not that it has anything to do with Bitcoin, of course, because he's never had to deal with it himself and has nothing to do with his businesses at all.

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