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Topic: Why does Warren Buffett scold bitcoin? - page 2. (Read 297 times)

hero member
Activity: 1120
Merit: 554
June 26, 2018, 09:24:26 AM
#12
Warren Buffet stands to lose a lot of money if bitcoin and cryptocurrency succeed.  He is invested in the traditional banking system, credit cards, etc.  I'm not sure why he care so much about destroying bitcoin at his age and with his level of wealth though.  It's not like he needs any more money, It's probably more of an ego thing.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
June 26, 2018, 09:07:28 AM
#11
I think Warren buffet is fear in Bitcoin reputation because last year it was gradually raise in marketcap so they feel it will beat the amazon market cap. But current scenario many whales are involving in price fluctuations so market cap also dump in the market. I hope bitcoin will beat the Amazon market cap.
full member
Activity: 644
Merit: 100
June 26, 2018, 08:57:30 AM
#10
You will never know sold it or not. Look at the history of the richest families, they all were cheating at the beginning) All made huge money on rumors)
newbie
Activity: 78
Merit: 0
June 26, 2018, 06:17:14 AM
#9
TV anchor Max Kaiser explained why Warren Buffett scolds bitcoin

American TV presenter and bitcoin optimist Max Kaiser attacked the billionaire investor and CEO of Berkshire Hathaway Warren Buffett and his vice-president Charlie Manger. Recently, Buffett compared bitcoin and other crypto-currencies with "rat poison in the square," and Munger called the fascination with them "dementia." Such comments triggered the reaction of millions of supporters of the crypto-currency market.

In response, Max Kaiser, a well-known film director and TV host, in his Keizer Report program on RT, indignantly stated:

Bitcoin is a reaction to Warren Buffett and his friends, corrupt capitalists. They do not want to descend from the pedestals of the clan capitalism and to refuse the free money of the central banks, so they attack the crypto-currencies.
Adding oil to the fire, Manger recently stated that the trade in crypto-currencies is "an occupation for those with an underdeveloped childish mind." Earlier, the 94-year-old Harvard graduate also said that bitcoin is "the top of senility". In an interview with Yahoo! Finance, he called the flagship crypto currency "antisocial, stupid and immoral".

Kaiser reacted to these comments, saying that the crypto currency would soar above $ 30,000 "right before Manger's demise". Earlier, Kaiser claimed that bitcoin could reach $ 100,000.

Without mentioning the time frame, Kaiser said that it is possible to predict the future growth by analyzing the situation in the current crypto-currency market. It is noteworthy that the famous crypto-enthusiast John McAfee several times with certainty expressed that by 2020 the price of bitcoin will reach $ 1 million.

Meanwhile, another billionaire and "bitcoin bull" Mike Novogratz said that it would be "irresponsible" not to have bitcoin in the investment portfolio. Also, according to him, investors should keep 1-2% of their funds in this crypto currency. He noted that people should invest in crypto-currencies, because ultimately the technology of blocking will significantly affect our lives.

Warren Buffet is indeed a solid investor and probably one of the most well-known ones. But! He makes mistakes and I am sure he will admit that Bitcoin has huge power!
full member
Activity: 420
Merit: 100
June 25, 2018, 01:46:25 AM
#8
As in the proverb, the dog barked and the train moves. So we will listen and we do it all the same for the good of ourselves. It is not necessary to rely on someone else's opinion, it is also untested and unreasonable.
member
Activity: 350
Merit: 10
Global loyalty & rewards
June 25, 2018, 12:55:19 AM
#7
TV anchor Max Kaiser explained why Warren Buffett scolds bitcoin

American TV presenter and bitcoin optimist Max Kaiser attacked the billionaire investor and CEO of Berkshire Hathaway Warren Buffett and his vice-president Charlie Manger. Recently, Buffett compared bitcoin and other crypto-currencies with "rat poison in the square," and Munger called the fascination with them "dementia." Such comments triggered the reaction of millions of supporters of the crypto-currency market.

In response, Max Kaiser, a well-known film director and TV host, in his Keizer Report program on RT, indignantly stated:

Bitcoin is a reaction to Warren Buffett and his friends, corrupt capitalists. They do not want to descend from the pedestals of the clan capitalism and to refuse the free money of the central banks, so they attack the crypto-currencies.
Adding oil to the fire, Manger recently stated that the trade in crypto-currencies is "an occupation for those with an underdeveloped childish mind." Earlier, the 94-year-old Harvard graduate also said that bitcoin is "the top of senility". In an interview with Yahoo! Finance, he called the flagship crypto currency "antisocial, stupid and immoral".

Kaiser reacted to these comments, saying that the crypto currency would soar above $ 30,000 "right before Manger's demise". Earlier, Kaiser claimed that bitcoin could reach $ 100,000.

Without mentioning the time frame, Kaiser said that it is possible to predict the future growth by analyzing the situation in the current crypto-currency market. It is noteworthy that the famous crypto-enthusiast John McAfee several times with certainty expressed that by 2020 the price of bitcoin will reach $ 1 million.

Meanwhile, another billionaire and "bitcoin bull" Mike Novogratz said that it would be "irresponsible" not to have bitcoin in the investment portfolio. Also, according to him, investors should keep 1-2% of their funds in this crypto currency. He noted that people should invest in crypto-currencies, because ultimately the technology of blocking will significantly affect our lives.
Waren and billionaire dislike cryptocurrency, because they are rich enough and for them not worthy to buy alt coin and risky because cryptocurrency market is in a grey area. no clear regulation in any country. they support the technology but don’t support the market.
jr. member
Activity: 294
Merit: 1
June 24, 2018, 06:58:56 AM
#6
there are many billionaires who oppose bitcoin and crypto, but some also support bitcoin and crypto. indeed the pros and cons always happen, but we do not know the real purpose of the opponents, because they can also benefit from the statement of the controversy.
newbie
Activity: 156
Merit: 0
June 24, 2018, 06:36:51 AM
#5
I think this is normal because everyone has a positive judgment and a negative assessment of cryptocurrency and Warren Buffet is an example,
full member
Activity: 462
Merit: 104
In Binance we trust!
June 24, 2018, 05:57:19 AM
#4
They want to dump BTC price to make panic sells of the crowd and want to buy the dip for long term hold. When weak hands will sell BTC for cheap - new pump cycle will begin.
sr. member
Activity: 1442
Merit: 265
June 22, 2018, 10:45:56 AM
#3
I think the best reason why such billionaires create fud about btc and crypto is because of the fact that they think that they have missed the train or late so they want to fud to create panic selling so they can buy themselve for cheap price, just keep holding market will be back sooner or later.
newbie
Activity: 12
Merit: 0
June 22, 2018, 10:38:27 AM
#2
I think the people around it are losing bitcoins, or he has made a lot of money. These people are all conspirators.
jr. member
Activity: 42
Merit: 1
June 18, 2018, 03:57:41 AM
#1
TV anchor Max Kaiser explained why Warren Buffett scolds bitcoin

American TV presenter and bitcoin optimist Max Kaiser attacked the billionaire investor and CEO of Berkshire Hathaway Warren Buffett and his vice-president Charlie Manger. Recently, Buffett compared bitcoin and other crypto-currencies with "rat poison in the square," and Munger called the fascination with them "dementia." Such comments triggered the reaction of millions of supporters of the crypto-currency market.

In response, Max Kaiser, a well-known film director and TV host, in his Keizer Report program on RT, indignantly stated:

Bitcoin is a reaction to Warren Buffett and his friends, corrupt capitalists. They do not want to descend from the pedestals of the clan capitalism and to refuse the free money of the central banks, so they attack the crypto-currencies.
Adding oil to the fire, Manger recently stated that the trade in crypto-currencies is "an occupation for those with an underdeveloped childish mind." Earlier, the 94-year-old Harvard graduate also said that bitcoin is "the top of senility". In an interview with Yahoo! Finance, he called the flagship crypto currency "antisocial, stupid and immoral".

Kaiser reacted to these comments, saying that the crypto currency would soar above $ 30,000 "right before Manger's demise". Earlier, Kaiser claimed that bitcoin could reach $ 100,000.

Without mentioning the time frame, Kaiser said that it is possible to predict the future growth by analyzing the situation in the current crypto-currency market. It is noteworthy that the famous crypto-enthusiast John McAfee several times with certainty expressed that by 2020 the price of bitcoin will reach $ 1 million.

Meanwhile, another billionaire and "bitcoin bull" Mike Novogratz said that it would be "irresponsible" not to have bitcoin in the investment portfolio. Also, according to him, investors should keep 1-2% of their funds in this crypto currency. He noted that people should invest in crypto-currencies, because ultimately the technology of blocking will significantly affect our lives.
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