Warren Buffett buying Bitcoin...A possibility? - page 5.

FortuneFollower

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Quote from: jcojci on October 28, 2024, 08:57:44 PM

I guess Mr. Buffett already buy Bitcoin even if he said Bitcoin a "scam." He doesn't need to tell public that "Guys, I buy Bitcoin, follow me" but he can hide that he interest with Bitcoin. But he may not buy Bitcoin because he hate Bitcoin.

It could be possible if Warren Buffett buy Bitcoin makes the pump coming and increase so high. Yes, only time will tell. Bitcoin journey still a long way to go.

Who doesn't want to have more wealthy from many sources of income including from Bitcoin? I am sure he wants it. So we better wait for that while we prepare ourselves for the coming.

With time, the pros outweigh the so-called "cons" of BTC in people's minds, and you are right - why shout about it, when it can be done calmly for and by yourself?

Majestic-milf

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Well, it would be epic if someone like Warren Buffett finally purchases Bitcoin for personal purposes because if there has been anyone who has been so vocal in his staunch hatred for Bitcoin, it is him so just as when these big whales buy Bitcoin and it affects price I believe his will too because I don't think he'd want to purchase a small amount.
On another hand, it's quite unlikely for someone who views the digital coin as a virus to just indulge in it even though the Op mentioned individuals who where haters but later turned before him but compared to Warren Buffett, these other guys are saints.

Kelward

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Quote from: Oshosondy on October 28, 2024, 02:25:21 PM

Quote from: Abiky on October 28, 2024, 01:44:39 PM

Imagine what will happen if Warren Buffett goes all in BTC. Will his moves be enough to "pump" market prices all the way to Mars? Only time will tell.

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance.

Not all the way to Mars but all the way to Moon. Also I thought that you posted about Warren Buffett bought bitcoin but your post is just a question about if Warren Buffett will buy bitcoin. Who cares if he buys bitcoin or not. Bitcoin does not depend on a single person.

Know that Buffet will not buy bitcoin. He is already very old. He is 94 years old and he has the old men mentality. Traditional market was reigning in his time and that is what he believes in.

The man is very old and I doubt that he can change his mentality about Bitcoin now, however the valuable asset is being adopted everyday by younger people. One day when he passes on, who's to tell if his inheritors won't adopt Bitcoin and change the naretive of his perception. I believe that Bitcoin is mainly for the younger generations who understands more about decentralization that brings about privacy and freedom, something that these older generation don't understand. If Warren Buffett, were to change his mind today and directly owns Bitcoin, it'll impact on the price for the short term and I believe that after then it'll be business as usual for Bitcoin. Bitcoin has gained reputation and become a store of value without him and others with skeptical mindsets.

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Quote from: Abiky on October 28, 2024, 01:44:39 PM

We all know Mr. Buffett is hater. He used to call Bitcoin a "scam" many times. But I believe people can change. We've seen people like Larry Fink, Michael Saylor, Donald Trump, Mark Cuban, and Robert Kiyosaki change their mind about Bitcoin. They hated it once, only to realize they were wrong.

Imagine what will happen if Warren Buffett goes all in BTC. Will his moves be enough to "pump" market prices all the way to Mars? Only time will tell.

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance.

Warren Buffett has been greatly known to be a value investor, and he's different from other successful businessmen out there.
I still remember when he invested in Coca-Cola a few decades ago. He said that he sees value in it hence, he invested millions of dollars back then. Now he's getting dividends way more than his initial investment. He's investing based on the value, and not just because many are investing into it.

Buffett don't see any value with Bitcoin hence, I don't see him investing into it AT ALL. Of course like you said, anybody can change like the ones you said, but for Buffett, he can change anytime, but what are the chances? I don't think that his stance with how he sees Bitcoin will change. Maybe if he sees Bitcoin reaching $100,000 then that's the time where he will change his view about it and then who knows. He might invest into it, but right now, I don't see him doing it.

Will the market pump if he suddenly change sides and invests into Bitcoin? Nah, I don't think so... or maybe we will see a temporary pump and then the market will go back to normal.

jcojci

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I guess Mr. Buffett already buy Bitcoin even if he said Bitcoin a "scam." He doesn't need to tell public that "Guys, I buy Bitcoin, follow me" but he can hide that he interest with Bitcoin. But he may not buy Bitcoin because he hate Bitcoin.

It could be possible if Warren Buffett buy Bitcoin makes the pump coming and increase so high. Yes, only time will tell. Bitcoin journey still a long way to go.

Who doesn't want to have more wealthy from many sources of income including from Bitcoin? I am sure he wants it. So we better wait for that while we prepare ourselves for the coming.

BlackBoss_

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Quote from: Abiky on October 28, 2024, 01:44:39 PM

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end?

Warren Buffet did not invest directly in Bitcoin but he did it through Berkshire Hathaway investment into banks, companies that have products related to cryptocurrencies.

Warren Buffett is moving away from crypto skepticism and investing in Bitcoin-related stocks.

Warren Buffet is too old and it's unrealistic to think that the Oracle of Omaha will publicly announce big change in his thinking about Bitcoin and cryptocurrency market, but nothing to prohibit him and Berkshire Hathaway invest their capital into Bitcoin- and cryptocurrency-related companies.

Darker45

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Warren is in the twilight of his life. He's 94 years old. He's an old dog. And he's been through it all and ended up successful. I don't think he'll waver on this. Bitcoin simply isn't for him.

Ironic as it may seem, however, Warren has indirect exposure to Bitcoin. He's heavily invested in NU Holdings. He trusted the company with hundreds of millions of dollars. He may or may not be aware but he actually trusted a company that offers NU Crypto via NU Bank.

Buffet trusts a company that trusts Bitcoin.

hugeblack

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At this age and wealth, it is difficult for Warren Buffett to change his beliefs and concepts from being a hater to a supporter, and the best that could happen is for him to describe Bitcoin as a bubble or stop criticizing Bitcoin publicly. He has various investments and is definitely an indirect investor in Bitcoin.

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Quote from: Abiky on October 28, 2024, 01:44:39 PM

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance.

Well, I think Warren Buffett will continue to dislike Bitcoin and he would never change his mindset and buy Bitcoin like the others that you've mentioned in your thread. He's a firm crypto hater and he'll continue with his own approach rather than supporting Bitcoin or any crypto related technologies.

He's someone with a mindset of traditional investor and he doesn't really understand the importance of a digital asset like Bitcoin. Still, if we assume that he somehow changes his mind and starts promoting Bitcoin then there's chance that the ones who follow Buffett may invest in Bitcoin and that could really impact the value of Bitcoin in a good way.

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Quote from: mindrust on October 28, 2024, 02:05:11 PM

Peter Schiff also hates bitcoin but he accepts btc for his gold which is pretty weird. Don't trust these snakes.

If there are a lot of haters of BTC from these personalities, I guess Peter Schiff is the most unlikable and hated in the community. Warren is old but he's way better than Peter and richer than him. IIRC, Peter's son holds BTC and they've made a bet about it, obviously his son has won that bet CMIIW.

Quote from: Abiky on October 28, 2024, 01:44:39 PM

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Y

I want to think of it as a consideration from him because he's got an empire. But if he's not going to like Bitcoin and won't change his mind, there is nothing for us to lose if he remains consistent with his investing decisions and we should respect that.

HelliumZ

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Quote from: Abiky on October 28, 2024, 01:44:39 PM

We all know Mr. Buffett is hater. He used to call Bitcoin a "scam" many times. But I believe people can change. We've seen people like Larry Fink, Michael Saylor, Donald Trump, Mark Cuban, and Robert Kiyosaki change their mind about Bitcoin. They hated it once, only to realize they were wrong.

Imagine what will happen if Warren Buffett goes all in BTC. Will his moves be enough to "pump" market prices all the way to Mars? Only time will tell.

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance.

Warren Buffett, Born on 30th August 1930 i.e. he is 94 years old according to calculations. Having spent most of his life hating Bitcoin, I don't think Warren Edward Buffet will spend the rest of his life loving Bitcoin. But if famous people like Warren Buffet adopts Bitcoin and adopt it as one of the main tools of business, Bitcoin will be pumped, albeit temporarily.

coolcoinz

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Quote from: AsiaHODL on October 28, 2024, 02:57:06 PM

Quote from: mindrust on October 28, 2024, 02:05:11 PM

Peter Schiff hates bitcoin but he accepts btc for his gold which is pretty weird. Don't trust these snakes.

Lol, yes he really is a conniving snake oil salesman, who really has been acting quite disgracefully. The irony is that he is 99,9% of the way to becoming a bitcoiner. He's sooooo close, yet so far...

Schiff is a clown. All he does is repeat the same story over and over how bitcoin is a bad investment. He used to say that at $10k and he's saying that now at $60k.

Smart people see their mistakes and if they tell you not to get a job and you do and start earning a lot of money there, making a career, they'll admit that they were wrong. Schiff does not act like that. He's the kind of guy who will be in denial, no matter what happens. If they say there's going to be rain tomorrow and it's sunny they'll take an umbrella with them and say that at 12:30 they felt a few drops land on his face. Cheesy

Orpichukwu

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Quote from: Abiky on October 28, 2024, 01:44:39 PM

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance.

I don't know if he could change as he has a deep hatred for bitcoin as if it's standing against him and his business success.

Whatever decision he wants to take is on him, and I don't think his turn around if he decides to buy bitcoin anyday can bring any turn around to the market, so I don't care about his decisions; they are among the people making Bitcoin an interesting topic.

AsiaHODL

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Quote from: mindrust on October 28, 2024, 02:05:11 PM

Peter Schiff hates bitcoin but he accepts btc for his gold which is pretty weird. Don't trust these snakes.

Lol, yes he really is a conniving snake oil salesman, who really has been acting quite disgracefully. The irony is that he is 99,9% of the way to becoming a bitcoiner. He's sooooo close, yet so far...

Doan9269

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Quote from: Abiky on October 28, 2024, 01:44:39 PM

We all know Mr. Buffett is hater. He used to call Bitcoin a "scam" many times. But I believe people can change. We've seen people like Larry Fink, Michael Saylor, Donald Trump, Mark Cuban, and Robert Kiyosaki change their mind about Bitcoin. They hated it once, only to realize they were wrong.

Imagine what will happen if Warren Buffett goes all in BTC. Will his moves be enough to "pump" market prices all the way to Mars? Only time will tell.

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance.

All this were left for his own personal decision to be made, if he thinks he is one of the richest today and cant invest on bitcoin, others are coming to overtake his position and he will be a thing of the past, also, if he changes his mind today to invest in bitcoin, that alone may not have any significant impact on changing the market for a bullrun or bear, just as we have seen nothing changing when others like him eventually changed their minds towards bitcoin after several attacks.

Oshosondy

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Quote from: Abiky on October 28, 2024, 01:44:39 PM

Imagine what will happen if Warren Buffett goes all in BTC. Will his moves be enough to "pump" market prices all the way to Mars? Only time will tell.

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance.

Not all the way to Mars but all the way to Moon. Also I thought that you posted about Warren Buffett bought bitcoin but your post is just a question about if Warren Buffett will buy bitcoin. Who cares if he buys bitcoin or not. Bitcoin does not depend on a single person.

Know that Buffet will not buy bitcoin. He is already very old. He is 94 years old and he has the old men mentality. Traditional market was reigning in his time and that is what he believes in.

Knight Hider

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Who cares? This old man has many qualities, but digital isn't one of them..

batang_bitcoin

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Quote from: Abiky on October 28, 2024, 01:44:39 PM

We all know Mr. Buffett is hater. He used to call Bitcoin a "scam" many times.

He's notable for telling it as a "rat poison".

Quote from: Abiky on October 28, 2024, 01:44:39 PM

But I believe people can change. We've seen people like Larry Fink, Michael Saylor, Donald Trump, Mark Cuban, and Robert Kiyosaki change their mind about Bitcoin. They hated it once, only to realize they were wrong.

Imagine what will happen if Warren Buffett goes all in BTC. Will his moves be enough to "pump" market prices all the way to Mars? Only time will tell.

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance.

He is conservative with his assets but with Berkshire Hathaway, I guess that someday there will be a change of mind of his when he gets enlightened with how it works. I'm sure that wherever money is, he's going there as well. With his influence and intelligence with money, he might help to push Bitcoin going $500k-$1M with his words and affirmation.

mindrust

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He already owns some bank stocks which are pro crypto. He doesn't really own bitcoin directly. Somehow though, I have a feeling that he already owns btc. He is just shy about telling it because it would make him look bad. Even if he doesn't, like I said, the stocks he owns deal with crypto so he owns btc indirectly and that's as good as owning btc because his stocks benefit from the btc's price actions.

Peter Schiff also hates bitcoin but he accepts btc for his gold which is pretty weird. Don't trust these snakes.

AsiaHODL

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Well, he already owns numerous companies and including banks that have exposure to BTC. So indirectly he already does own.

Would Berkshire actually buy? Unlikely (just like they don't buy gold as an asset). But if he ever dies, would Ted and Todd? Yes, I believe they would, and when they do, that will be epic.

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