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Topic: Warren Buffett #BitcoinFOMO - page 2. (Read 211 times)

member
Activity: 1302
Merit: 25
May 07, 2018, 10:56:52 AM
#5
His statement is not far from what he has always said. Although, reading through, he said bitcoin is not a productive asset which we are yet to prove because of its volatility. It is however not the first time buffett has lashed bitcoin.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
May 07, 2018, 10:44:55 AM
#4
Alright here's what I find weird.

Sure, it looks like he sure does dislike bitcoin. I'm 100% fine with that, as the concept of bitcoin is definitely not for everyone. But does he really have to make negative statements about bitcoin every few weeks/months? I took his first few statements as constructive criticism, but now it's just getting stupid.

I also believe that if you would have a 1 on 1 sit down with him he wouldn't be able to tell you the ins and outs of bitcoin either.

True. He publicly admitted that he doesn't know bitcoin enough that's why he definitely won't invest in it. But he talks shit about it anyway.
full member
Activity: 180
Merit: 100
May 07, 2018, 10:41:01 AM
#3
Alright here's what I find weird.

Sure, it looks like he sure does dislike bitcoin. I'm 100% fine with that, as the concept of bitcoin is definitely not for everyone. But does he really have to make negative statements about bitcoin every few weeks/months? I took his first few statements as constructive criticism, but now it's just getting stupid.

I also believe that if you would have a 1 on 1 sit down with him he wouldn't be able to tell you the ins and outs of bitcoin either.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
May 07, 2018, 10:37:33 AM
#2
Alright here's what I find weird.

Sure, it looks like he sure does dislike bitcoin. I'm 100% fine with that, as the concept of bitcoin is definitely not for everyone. But does he really have to make negative statements about bitcoin every few weeks/months? I took his first few statements as constructive criticism, but now it's just getting stupid.
jr. member
Activity: 140
Merit: 1
May 07, 2018, 10:30:27 AM
#1
Warren Buffett, the revered billionaire investor, and a crypto bear yet again blasted bitcoin at the annual shareholder meeting of Berkshire Hathaway.

“Cryptocurrencies will come to bad ending” the Oracle of Omaha reiterated to his negative stance towards cryptos claiming Bitcoin is “probably rat poison squared.”

Here is more: https://coingape.com/warren-buffett-bitcoinfomo-after-google-and-amazon-miss-out/
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