Warren Buffett bashes Bitcoin; calls it a ‘gambling device’ with ‘a lot of frauds’

2019-5-5 11:00

Warren Buffett aka the Oracle of Omaha spoke with CNBC and updated his views on Bitcoin. Buffett had previously called Bitcoin “rat poison squared” and in a successive interview with CNBC appreciated the technology behind it, blockchain.

On May 4, Buffett told a group of Berkshire Hathaway reporters: “It’s a gambling device… there’s been a […]

The post Warren Buffett bashes Bitcoin; calls it a ‘gambling device’ with ‘a lot of frauds’ appeared first on AMBCrypto.

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Bitcoin is Nothing More Than ‘Bovine Excrement’: Berkeley Researcher

Move over, Jamie Dimon, because there’s a new contender for the coveted title of “king bear of the bitcoin-bashing brigade”: technologist Nicholas Weaver. Technologist Nicholas Weaver Rants Against Bitcoin While he might not have the mainstream name recognition of Jamie Dimon, or Warren Buffett, or even Nouriel Roubini, Weaver – a senior researcher at the International Computer Science Institute at Berkeley – has proven that he can sling bitcoin barbs like the best of them.

2019-3-25 18:40


Dr. Doom Buys First BTC, Is Warren Buffett next?

Famed Swiss investor, analyst and, until recently, crypto skeptic Marc Faber, 73, has bought his first bitcoin in another sign the old guard of investments is warming to crypto. Speaking to German finance website Cash, Faber revealed he recently bought bitcoin for the first time to learn more about cryptocurrencies and following some persistent and high-profile badgering.

2019-3-15 06:15


Ôîòî:

Wells Fargo, Warren Buffett’s Investment, Paid 20% of Bitcoin Market Cap in Fines

In his recent interview with CNBC, America’s most successful capitalist Warren Buffett reiterated his negative stance on bitcoin. The legendary investor told Becky Quick that bitcoin was a delusional asset which “attracts charlatans,” adding: “If you do something phony by going out and selling yo-yos or something, there’s no money in it — but when you.

2019-3-10 14:08


Max Keiser on Bitcoin Cynic Warren Buffett: ‘He’s a Complete Failure’

Appearing for an interview with BlockTV, Max Keiser explained why he thinks Warren Buffett has been throwing shade at the crypto community. Keiser did not hold back: I think he feels insecure. Without the bailouts of 2008, without the access to free money from central banks, without stock buybacks – that were up until recently illegal – Warren Buffett’s performance would be close to zero.

2019-3-5 22:11


Binance CEO ‘CZ’ Wants Warren Buffett To Take On BNB For These Reasons

Following Warren Buffett’s most recent interview with CNBC’s Becky Quick, where he talked about blockchain’s importance and Bitcoin lacking inherent value, Changpeng Zhao aka CZ, the CEO of the leading cryptocurrency exchange Binance has recently just implied that the native coin of Binance exchange [BNB] has the potential to dominate the financial world as opposed […] The post Binance CEO ‘CZ’ Wants Warren Buffett To Take On BNB For These Reasons appeared first on ZyCrypto.

2019-3-3 13:50


This week in Crypto: Facebook set to Launch its Cryptocurrency, Warren Buffett Calls Bitcoin A Delusion With No Unique Value, Tron stands above Ethereum in Chinese ranking, XRP listed on Coinbase and more

The week was a typical crypto week with many ups and downs in the market and off the market. It is probably the bumpiest market week in which the short gains experienced was shed significantly bringing prices down to where they used to be.

2019-3-3 08:35


Ôîòî:

Financial bigwigs are still shitting on Bitcoin

For years, financial bigwigs have criticized cryptocurrencies such as Bitcoin, while often lauding its underlying blockchain technology. At times, their negative comments about cryptocurrency have been followed by their institution’s active interest in decentralized ledger technology – with some going as far as filing cryptocurrency-related patents and launching blockchain-based pilots.

2019-2-27 12:11


Anthony “Pomp” Pompliano Advices Warren Buffett to Buy Bitcoin with a Better Risk/Reward Profile

While Warren Buffett, a diehard hater of bitcoin and other cryptocurrencies is busy mulling over the next significant investment to pump some of his $84.6 billion net worth into, Anthony Pompliano, founder and Partner of Morgan Creek Digital Assets, has urged the “Oracle of Omaha” to buy bitcoin, according to a Twitter post on February […]

2019-2-23 08:29


Ôîòî:

Bitcoin Will Thrive When Naysayers Like Warren Buffett Will Be ‘Pile of Dust’

The opinions of billionaire Bitcoin naysayers Warren Buffett and Charlie Munger will be obsolete in 20 years as both will be “a pile of dust” and Bitcoin will endure. Generational Differences That was the conclusion drawn by research this week about the huge differences between the older and younger generation when it comes to the cryptocurrency.

2018-9-29 23:00


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Turning doubters into investors: how big names shed crypto skepticism

Discover how the growing support from renowned figures and institutions bolsters the cryptocurrency market’s legitimacy and investor trust. Initially, Bitcoin (BTC) and its early counterparts faced skepticism, often seen as a domain for tech enthusiasts. These early years were notable…