Warren Buffett hates Bitcoin. Should we listen to him? // cryptocurrency cryptocurrencies bubble



Warren Buffett hates Bitcoin. Should we listen to him? // cryptocurrency cryptocurrencies bubble cnbc investment // Subscribe to my YouTube channel: …

15 Comments

  1. AS always well put David, TX.
    Lets be honest Warren is great guy but hes just simply old, He said before he didn't jump on Amazon/ Apple , I'm pretty sure till recently he didn't consider FB as good investment etc.

  2. "you aren't investing when you buy cryptocurrency. You're speculating" – dumb old buffet.

    By owning a smart contract token I can use it as currency as well as solve real world problems like insurance,copyright,iot,decentralised hosting,online advertising, cloud storage etc. What can you do with owing a few Amazon stocks. Sit on you xx and speculate? can't believe you listen to this stone age dinosaur

  3. To anyone planning to trade/invest in bitcoin, just make sure you check your investment at least once a day technically. Sell signals were given after the top last 2017dec16. The williams %r on 2017dec19, & macd on 2017dec20. If you had sold then, you would have gotten out @ 16,461. Unless you got in at the very top, you would not have lost anything 🙂

  4. I also think there's an irrational movement in the speculative investment vechicle aspect of crypto currency compared to the actual potenial of blockchain technology. Thanks for the video

  5. I predict Bitcoin to dramatically crash lower than 2k in the next 12 months even though I like Bitcoin. Whales are temporarily trying to add more faith into the market when it was ready to tumble. Pure dead cat bounce here.

  6. I don’t believe the hype, he has enough friends to educate him, and it’s been around long enough to know some basics so, I don’t believe the mirage..if I can invest in bitcoin and/or trade daily and then cash out on a crypto debit card and spend it on a can of coke, then that’s a win win for me and the Coca Cola company..Some folks go to work everyday to earn fiat that gets inflated and deflated depending on the economic times to then go potential buy a product. So we all speculate in some way depending on perspective. He is just playing the game..

  7. I think the issue for Buffett is how do you value a bitcoin? Warren likes to buy companies and stock when they are trading or priced under what he thinks is fair market value.

    I have yet to see a compelling argument for what bitcoin's fair value is. Now that doesn't mean no one should put money in it or that it will go down in price, but people should understand that it is hard to know where this will stabilize in the long run.

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