Warren Buffett: Cryptocurrencies Will Come to a 'Bad Ending'
Billionaire investor Warren Buffett said cryptocurrencies would come to a "bad ending" in a new interview Wednesday.
Read more: www.coindesk.com
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Cryptocurrencies Will Come to a ‘Bad Ending’: Bitcoin Bear Warren Buffett
The post Cryptocurrencies Will Come to a ‘Bad Ending’: Bitcoin Bear Warren Buffett appeared first on CCN
Legendary investor and billionaire Warren Buffett continues his bearish outlook on bitcoin and other cryptocurrencies. In a televised interview on...
Read more: www.ccn.com
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Follow me @cryptonized for the latest cryptocurrency news...
so sad😭😭😭😭
Yes it is very sad that Warren has lost his mind, although age does that to you I guess.
Isn't one of his fundamental principle to stay away from things he doesn't understand or something like that?
I mean he most certainly does not understand anything from cryptocurrencies, so hyping his random comments seem pretty irrelevant to me? Then again, nobody knows what will happen in the future :)
I just made a post showing BTC touching the tip of it's triangle after breaking out, along with an example picture of what happens in a symmetric triangle.
and BTC's current standing;
I believe we are at a bottom.
Please check out the post;
https://steemit.com/bitcoin/@louwtjie/btc-update-symmetric-triangle-upwards-break-pulling-back-to-the-tip
so sad that when a person like warren buffet says something like that. I mean this is not a joke any more the market cap has reached 800billion and more and more companies are using blockchain technology to increase their value
i would expect him to say that because he is part of the illuminati and they have had humanity in economic slavery and all for ages, now the people are getting free through decentralized blockchain and its a threat to govt and the banks that are being run by the illuminati
I wrote a piece about this as well. I think his generation has a hard time understanding cryptocurrency (he even admitted during the interview that he knows nothing about it) and the idea behind it so they call shenanigans every time they are being interviewed about it. They need to step aside and let the new generation take over.
Here’s my piece if anyone wants to read it.
https://steemit.com/bitcoin/@edjag/warren-buffet-disses-cryptocurrency-time-has-come-for-a-new-wave-of-thinking
Que lastima que despues de tanto exito el final sea terrible,gran post amigo! a qui tu seguidor :)
I'm not sure he's as good an oracle as he used to be! However, it sure looks like we're in a huge bubble right now. The markets are always right because we can only explain what happened in hindsight. Time will tell.
What is a "bad" ending? Buffett is also known to hold big banks (Wells Fargo, BAC) and has shown that he is willing to use his image to promote his investments (Coca Cola ring a bell?). Bitcoin has already proven itself to be safe, unless 51% attacks or quantum computing take the stage, Bitcoin will remain a proven asset as long as another crypto doesnt take the stage.
He is an old Fart living in the 60's-70's , does he even know how to use a computer....?