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Topic: Warren Buffett on CNBC (Read 233 times)

member
Activity: 630
Merit: 24
January 17, 2018, 12:52:10 PM
#26
He said the same about Apple shares and There was a similar opinion about Apple's actions as I remember From the foundation of the company in the initial period.But after this,Finally I think He was quite a large shareholder.So don't let this negative press and do your own researches,After this make decisions and find the answer,Does he have interests and why did he said this?In my opinion this is a groundless interview and this is not a secret that announcemens like this have a great influence on price.
full member
Activity: 420
Merit: 171
January 11, 2018, 12:18:33 AM
#25
I think he doesn't get the idea of decentralization which can help the economy be more flexible and easy, there some news like this that can't help but to ruin the identity of bitcoin instead of welcoming it as a precious Help from satoshi nakamoto. The Problem with rich people, they don't acknowledge things that can help individual, they only think about themselves, which is the reality.
jr. member
Activity: 80
Merit: 1
January 11, 2018, 12:11:39 AM
#24
I don't know why they even bother to interview a person who doesn't really know about crypto. They have been asking a wrong guy, if the interviewee is someone who is related to crypto then I would gladly accept that.
member
Activity: 546
Merit: 10
January 11, 2018, 12:07:39 AM
#23
I saw Warren Buffett on CNBC say all crypto currencies are in a bubble and will end badly. They have no idea what is happening. Maybe that is a good thing. If they knew, they might push for hyper regulation.
He said also that bitcoin will exists in just 10 to 20 years as what I've seen on one article. I think he underestimate bitcoin and probably he is an activist in bitcoin.
I don't know why he hates bitcoin but I think that bitcoin affects his profits or company.
member
Activity: 182
Merit: 20
January 11, 2018, 12:06:58 AM
#22
We could say that those markets have been in a bubble and when they explode they will explode in the face and will make the financial crisis of the history those people in the cryptocurrency that is normal the bubbles explode and ready but in the markets The world's financial companies keep them in a price range and accumulate and accumulate until they can not stand it and it explodes

at this point even if it burst to 0 it would have almost no impact on our economy, it's not big enough yet. Some whales and us regs who have 10k to a few million mean nothing in the scheme of things. All these . 5 btc holders mean nothing to the economy other than them goin broke, there will be no bailouts, just some suffering
member
Activity: 182
Merit: 20
January 11, 2018, 12:01:50 AM
#21
He himself said he knows nothing about crypto. But he does know it will end badly. I don't get why CNBC asks him about crypto currency when he admits he knows nothing about crypto. So basically the whole interview is useless, of course it will end badly for some. There will be people who make tons of money and others will lose, that is how it works.
not saying he is right but he has some of the brightest minds in finance looking at Bitcoin. Don't think his company hadn't studied it. He started from nothing and became one of the richest men in the world he ain't no dummy
member
Activity: 251
Merit: 10
January 10, 2018, 11:44:50 PM
#20
We could say that those markets have been in a bubble and when they explode they will explode in the face and will make the financial crisis of the history those people in the cryptocurrency that is normal the bubbles explode and ready but in the markets The world's financial companies keep them in a price range and accumulate and accumulate until they can not stand it and it explodes
full member
Activity: 364
Merit: 107
January 10, 2018, 11:18:20 PM
#19
Warren Buffet is a well known investor and I follow his advice in investing, But it is limited on stocks and CFD.

He admits that he does not know anything about crypto currency and most likely will not invest on it.

I will be surprised if he did invest, because he thinks that bitcoin or crypto is just a bubble.

Most of his followers also do not invest on crypto so I think his statement will not affect the market.
member
Activity: 78
Merit: 10
January 10, 2018, 10:54:43 PM
#18
The man is a total technophobe.

It's been reported he doesn't even own a cell phone never mind know how to operate one.
He plays Bridge in his down time. (it's old card game that your grandparents would play in the nursing home).


member
Activity: 630
Merit: 20
January 10, 2018, 09:36:08 PM
#17
that's what they always do to make BTC goes to dip slighter, market is so sensitive when it comes to this news. business people are really enjoying it.
member
Activity: 188
Merit: 10
January 10, 2018, 09:13:06 PM
#16
I saw Warren Buffett on CNBC say all crypto currencies are in a bubble and will end badly. They have no idea what is happening. Maybe that is a good thing. If they knew, they might push for hyper regulation.

I know warren buffet such famous people so he can make a lot of change of this crypto with his statement. I think people will not invest in cryptocurrency anymore after knowing his statement specially for newbie.
member
Activity: 224
Merit: 19
January 10, 2018, 09:06:13 PM
#15
I wonder if Warren Buffett actually bought some bitcoin, if I have as much money as hime, I would definitely do so when bitcoin started to get the hype. Cheesy

Warren Buffet is usually a low risk investor, as we all know he considers Bitcoin and other crypto currency as a high risk investment. He also do not know anything about block chain technology. I doubt that he will  buy  Bitcoin or any other crypto.


jr. member
Activity: 89
Merit: 3
Meritocracy
January 10, 2018, 09:01:03 PM
#14
I wonder if Warren Buffett actually bought some bitcoin, if I have as much money as hime, I would definitely do so when bitcoin started to get the hype. Cheesy
full member
Activity: 364
Merit: 101
DanJoN
January 10, 2018, 09:00:34 PM
#13
He may not know all about Cryptocurrency but for his title as one of the richest man in the world his words has a significant on any outcome, my opinion is he based his opinions on Crypto on his Experience!, we cant deny that he has a lot of experience, may it in digital or in the outside. also Im looming for the crypto to go up high,but lets have a look on what the man says! Smiley
full member
Activity: 1708
Merit: 125
www.positivebetting.com
January 10, 2018, 08:48:01 PM
#12
No one can tell the future, maybe he will be right maybe he will be wrong. Lets have him stick to stocks Smiley
full member
Activity: 616
Merit: 102
January 10, 2018, 08:40:52 PM
#11
I have read that in the internet feed a few hours ago. Warren Buffet did not believed in the potential of the new technology. Anyway he was very old now. We know that we will die eventually but he was very lucky to see the evolution of technology.  Cheers   Grin
sr. member
Activity: 1526
Merit: 420
January 10, 2018, 08:33:13 PM
#10
Its his opinion but lets see, I think he just want to create market panic about his thoughts. But for me crypto markets will boom in more years to come despite of attacks and FUD. Cryptocurrency industry is too early to judge, one day the world will see how powerful and useful it is.
newbie
Activity: 378
Merit: 0
January 10, 2018, 08:19:09 PM
#9
Well come him to cryptocurrency.. he will understand the potential of crypto market very soon.
full member
Activity: 476
Merit: 128
January 10, 2018, 08:15:24 PM
#8
Those old/classic investors are not following the technology. They just like their old-fashioned style and use their success in the past to spread their ideas
copper member
Activity: 448
Merit: 110
January 10, 2018, 08:12:42 PM
#7
I saw Warren Buffett on CNBC say all crypto currencies are in a bubble and will end badly. They have no idea what is happening. Maybe that is a good thing. If they knew, they might push for hyper regulation.

warren buffett is a really true this is a bubble even the stocks exchanges is a bubble.. everything for sale may fall in price from the top of its price. for example nokia this is expensive cellphone in a world after create steve jobs the iphone the nokia will lower the price of their cellphones as well as their sales borders like a bitcoin with finite also its price per bitcoin manipulation when it's not feasible it explodes so called bubbles. trading is a game, strategy approach for you to earn. the best trading strategy to take the capital and leave the earnings just in case that the bitcoin price drops you value again. Trading crypto currency will make it more difficult for its price and price movements.
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