Why BILL GATES do not USE Bitcoin? - page 9.

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Quote from: haroldtee on June 24, 2017, 02:12:12 AM

Quote from: glerand on June 21, 2017, 01:08:46 PM

Hello,
I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less).
But what is the reason why he do not invest funds in cryptocurrencies?

I wonder why people are answering this like they know if Bill Gate owns bitcoin or not. Maybe I am behind in the news anyway, but I have not seen it anywhere that Bill Gate came out to state that "hey peeps, I do not have bitcoin" OR "I have a wallet loaded with coins". It is his life and decision to make and we all don't know if he has bought some coins for himself or not, so why raise the assumption that because he is very rich, he doesn't have a wallet filled with some bitcoin no matter how little

This is what people always do

And it is not difficult to understand why people are doing that. Figures like Bill Gates and Warren Buffett are sort of reference points in the world of finances and investments. So if Bill Gates (Warren Buffett would be better) openly declares that he has invested a few million dollars in Bitcoin, that will give a notable and noticeable boost to Bitcoin price (even if due to hype alone). Generic people will justifiably think that if wealthy, experienced investors and businessmen invest in some asset, this asset is certainly worth a dime. I guess many would be ready to pay some buck just to know what Bill Gates (and still more Warren Buffett) personally invests in

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Quote from: glerand on June 21, 2017, 01:08:46 PM

Hello,
I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less).
But what is the reason why he do not invest funds in cryptocurrencies?

I wonder why people are answering this like they know if Bill Gate owns bitcoin or not. Maybe I am behind in the news anyway, but I have not seen it anywhere that Bill Gate came out to state that "hey peeps, I do not have bitcoin" OR "I have a wallet loaded with coins". It is his life and decision to make and we all don't know if he has bought some coins for himself or not, so why raise the assumption that because he is very rich, he doesn't have a wallet filled with some bitcoin no matter how little.

cotton ball

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Quote from: FasTroy on June 23, 2017, 12:58:35 PM

Quote from: nightxglow on June 23, 2017, 11:35:54 AM

Well i don't really know. But i bet that's because he's rich already? Like why should he invest in bitcoin to make himself richer though. And also, we don't know that. Maybe he secretly invest in bitcoin? Or maybe he doesn't care about bitcoin at all since he already has so many investment. Or maybe he's waiting for the right time to put his money to invest bitcoin.

Yes, I think because it's too rich man. He not obligated to use bitcoin to be more richer, because why should he invest in bitcoin to make himself richer though?
Also, maybe he didn't know bitcoin and even he now it, maybe he didn't know how to use it. Anyways, he is too rich, he can use it like anyone.

Bill Gates has declared himself an active investor and is very concerned about bitcoin development, but he doesn't carry the microsoft name in this regard. There are many reasons why microsoft does not use bitcoins, some of them because the US still doesn't recognize bitcoin as a legitimate payment, bill gates will trip over the problem if applying it.

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Quote from: LuciferUA on June 21, 2017, 01:13:07 PM

Just have other things to do maybe ^^.
Or rich enough.

Ha ha
I agree, his wealth will not be exhausted for several years.
For what to invest with something new.
Or maybe he has not been interested.

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Quote from: nightxglow on June 23, 2017, 11:35:54 AM

Well i don't really know. But i bet that's because he's rich already? Like why should he invest in bitcoin to make himself richer though. And also, we don't know that. Maybe he secretly invest in bitcoin? Or maybe he doesn't care about bitcoin at all since he already has so many investment. Or maybe he's waiting for the right time to put his money to invest bitcoin.

Yes, I think because it's too rich man. He not obligated to use bitcoin to be more richer, because why should he invest in bitcoin to make himself richer though?
Also, maybe he didn't know bitcoin and even he now it, maybe he didn't know how to use it. Anyways, he is too rich, he can use it like anyone.

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Quote from: Mandoy on June 23, 2017, 01:41:08 AM

Quote from: glerand on June 21, 2017, 01:08:46 PM

Hello,
I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less).
But what is the reason why he do not invest funds in cryptocurrencies?

https://www.entrepreneur.com/article/238103

It is unclear if Bill Gates does not invest in bitcoin. Even Bill Gates praises bitcoin and he even said that bitcoin is better than fiat currency. He even has integrated bitcoin with Microsoft Office features. This explains that even there are no articles telling us that Bill Gates is investing in bitcoin , his words and support on bitcoin is a clear statement that he probably is investing on this wonderful currency which is the bitcoin.

This may be true, if you look at the market cap one year ago you will see that we were close to 10 billion for all the cryptocurrencies we are now at 114 billion that is more than 10 times the previous cap in a year what if some rich people have decided to invest heavily in crypto at this time with the hopes this becomes a trillion dollar market in the future? I will not be surprised if rich men interested in technology were behind this.

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Quote from: carlisle1 on June 23, 2017, 10:29:47 AM

Quote from: erickkyut on June 23, 2017, 09:41:38 AM

Quote from: glerand on June 21, 2017, 01:08:46 PM

Hello,
I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less).
But what is the reason why he do not invest funds in cryptocurrencies?

as far as I know, Bill Gates is already invested in Bitcoin. He is the owner of Microsoft and it is one of the companies that first acknowledged Bitcoin. He is a brilliant investor and he will not let the chance to skip in investing Bitcoin. For him, it is a good opportunity to earn more in the future.

i agree mate microsoft already knew the existence of bitcoin and i can't imagine nor believe that the owner itself would not take the opportunity as we knew that the project already got mainstream and for sure there's a lots of people real big names behind who's already invest aside from bill gates

Bill Gates is a Warren Buffett type of investor

Even though he had been the head of a hi-tech software company himself (he is no more, just in case), the kind of company which stock Warren Buffett dislikes and prefers to stay away from. Bill Gates is rumored to have heavily invested in silver mines, so I can't really fathom that he would be interested in such an asset as Bitcoin despite the fact that he created a company which at least allegedly pushed some innovation (at least, in 80's and 90's). Apart from that, Bitcoin is not closely related to the business of Microsoft (software development), so there is no reason to think that Gates might be interested in Bitcoin just because he was the head of Microsoft

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Because he is all-in on Monero Wink

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Well i don't really know. But i bet that's because he's rich already? Like why should he invest in bitcoin to make himself richer though. And also, we don't know that. Maybe he secretly invest in bitcoin? Or maybe he doesn't care about bitcoin at all since he already has so many investment. Or maybe he's waiting for the right time to put his money to invest bitcoin.

232drialf

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Guys a few facts about Bill Gates before everyone will start to quote me:

https://en.wikipedia.org/wiki/Bill_Gates

Net worth US$89 billion (June 2017)

Bitcoin net worth: $45,116,604,720

All cryptocurrencies market cap: $113,989,894,781

Source: https://coinmarketcap.com/

If today I would be in the place of Bill Gates. I would buy all the coins on the market because I have that power and I will sell to users at extra fees.

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Quote from: erickkyut on June 23, 2017, 09:41:38 AM

Quote from: glerand on June 21, 2017, 01:08:46 PM

Hello,
I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less).
But what is the reason why he do not invest funds in cryptocurrencies?

as far as I know, Bill Gates is already invested in Bitcoin. He is the owner of Microsoft and it is one of the companies that first acknowledged Bitcoin. He is a brilliant investor and he will not let the chance to skip in investing Bitcoin. For him, it is a good opportunity to earn more in the future.

i agree mate microsoft already knew the existence of bitcoin and i can't imagine nor believe that the owner itself would not take the opportunity
as we knew that the project already got mainstream and for sure there's a lots of people real big names behind who's already invest aside from
bill gates/

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Quote from: Adbitco on June 23, 2017, 07:28:21 AM

First of all if you are rich doesn't mean you don't want to become richer. Secondly, I don't know why Bill Gates haven't made an investment in bitcoin yet but I remember to have read it somewhere that he showed some interest in bitcoin. He might have some plans to come up with something which might contribute a lot to bitcoin but that's just my guess only

But the reverse is also true

And may in fact be even truer, i.e. if you become insanely like Bill Gates, earning more money may lose any sense and appeal to you. If you are still young (like Zuckerberg or the Winklevii twins), you may want to pursue other interests where money would play only a secondary role and be a tool (one of the many) of achieving your goal. In this way, investing in Bitcoin is not a very interesting occupation unless you specifically go for profits. So why Bill might be interested in that?

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Quote from: LouVandetta on June 23, 2017, 09:23:38 AM

He might be using it only to test it out.
He is already rich enough, so I don't think he need to invest in bitcoin.
But we do not know for sure.

Bill Gates does not use Bitcoin because he has invested in other projects, he has invested in other cryptocurrencies which are profit. Moreover, maybe he does not want to invest Bitcoin, that's all.

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Quote from: glerand on June 21, 2017, 01:08:46 PM

Hello,
I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less).
But what is the reason why he do not invest funds in cryptocurrencies?

as far as I know, Bill Gates is already invested in Bitcoin. He is the owner of Microsoft and it is one of the companies that first acknowledged Bitcoin. He is a brilliant investor and he will not let the chance to skip in investing Bitcoin. For him, it is a good opportunity to earn more in the future.

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Well he's been very positive on bitcoin so he probably has some just to mess around and get familiar with the system. But honestly I don't see him investing heavily into bitcoin. The lad has all the money of the world. Does he really need more? Let him live his life he's worked very hard for it.

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Are you sure that he do not use bitcoin? Anyways do you want him to buy bitcoin? If he will buy maybe the bitcoin will be extinct and dead for our small time people. He can buy it all and put it into investment. Thank God he did not use bitcoin. And obviously he is too rich to use it.

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Well i do know bill gates is investing in bitcoin to make his self rich more and more people don't know about it because they know that bill gates is rich enough but he have some qoute about bitcoin while he is in the stage of being rich he said that bitcoin price is based on the balance of it so it always increasing.

LouVandetta

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He might be using it only to test it out.
He is already rich enough, so I don't think he need to invest in bitcoin.
But we do not know for sure.

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well people like Bill Gates tired of being rich and no need to invest in bitcoin, he might invest but only for tested not to earn profit. However we don't know if he trully invest in bitcoin, on the other hand the price would be skyrocket if he really invest his money in to the bitcoin.

Quote from: nickolada on June 23, 2017, 07:54:15 AM

maybe he's used it
but not publicity his owner to some bitcoin Grin

just my speculation
if Bill Gates become investor in bitcoin, that will be good

and might be a disaster if he selling all of his coins. This is why i'm scared of, when rich people get in to the bitcoin, they such have control over the bitcoin.

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Quote from: glerand on June 21, 2017, 01:08:46 PM

Hello,
I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less).
But what is the reason why he do not invest funds in cryptocurrencies?

You never know whether someone invested money in bitcoin or not,Bill Gates might have invested in bitcoin just in case to test how good the technology is but you never know the real truth unless he reveal how much he invested in it,so never judge without knowing what the facts are.

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