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Started By
Message
So Warren Buffet sees no future in bitcoin...
Posted on 5/9/13 at 4:38 am
Posted on 5/9/13 at 4:38 am
quote:
Buffett professed to know nothing about it. “I’ll put it this way, of our $49 billion, we haven’t moved any of it to Bitcoin,” he said.
quote:
Charles Munger, vice chairman at Berkshire Hathaway said: “I have no confidence whatsoever in Bitcoin being a universal currency.”
LINK
I'm torn between trusting Wiki and Josh vs A man worth 49 billion dollars :drevilvoice:
This post was edited on 5/10/13 at 5:46 pm
9
Posted on 5/9/13 at 5:21 am to League Champs
:inbeforestatistbastard:
Posted on 5/9/13 at 5:41 am to League Champs
quote:
I'm torn between trusting Wiki and Josh vs A man worth 49 billion dollars
Oh and he's worth 53.8 billion. $49 billion was Berkshire Hathaway 's 1st quarter revenue. To put that in perspective, he could buy the entire bitcoin market, 49 times, with just the profits from January, February and March of 2013. Yet he wouldn't even invest a dime in it.
THAT would be embarrassing for me if I was a bitcoin enthusiast.
Posted on 5/9/13 at 6:29 am to League Champs
quote:
Buffett professed to know nothing about it. “I’ll put it this way, of our $49 billion, we haven’t moved any of it to Bitcoin,” he said.
But what did he say about Unicorn Farts?
Posted on 5/9/13 at 7:26 am to League Champs
Warren also said his secretary pays a higher tax rate than him as if she was a mid20s single mother of two trying to rub a few pennies together. As much as I distrust bitcoins, I don't think warren is totally a straight shooter.
Posted on 5/9/13 at 7:41 am to League Champs
quote:But the Winklevoss brothers have millions invested in Bitcoins. Surely that counts for something?
I'm torn between trusting Wiki and Josh vs A man worth 49 billion dollars
Posted on 5/9/13 at 7:54 am to League Champs
quote:
I'm torn between trusting Wiki and Josh vs A man worth 49 billion dollars :drevilvoice:
Posted on 5/9/13 at 8:34 am to League Champs
The Most Important Early-Stage Investor Of The Last 10 Years Just Made A Huge Bet On Bitcoin
LINK
I do not know anything about this loon but figured I would leave this here.
LINK
I do not know anything about this loon but figured I would leave this here.
Posted on 5/9/13 at 8:46 am to League Champs
quote:
I'm torn between trusting Wiki and Josh vs A man worth 49 billion dollars :drevilvoice:
What if Wiki is Warren Buffet?
Posted on 5/14/13 at 10:59 am to League Champs
If it were a real threat, they wouldn't acknowledge it anyway...it would demolish alot of their positions in the markets around the world.
No doubt they are watching to see if anything comes of it to hedge their bets
No doubt they are watching to see if anything comes of it to hedge their bets
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