All posts made by Warren Buffett in Bitcointalk.org's Wall Observer thread
1.
Post 10058816 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.44h):
From a value-oriented investing perspective (best represented by Warren Buffett), the value of one bitcoin is zero. Who is being more rational here, the bull or the bear?
now that is just ignorance at an appalling level. w.b. would smack you down.
I said that bitcoin is a mirage, and yet you keep falling for it. A fool and his money...
2.
Post 10084138 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.45h):
my sides!
Buy stocks instead, kiddies.
3.
Post 10084213 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.45h):
Kinda have to... I have waited too long with a certain expected return in mind
Probably won't need more then $10k though so it's not huge.
Do it.
Remortgage.
Sell your wife.
All in mate, come on.
Buy, buy, buy.
This is evil.
Nobody wants your bag, stop trying to take advantage of gambling addicts.
4.
Post 10101729 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.45h):
Just pass 300
Come coin.
You can do it.
I believe in you
Don't you get it? Traders want 250 coins because 280 is crazy expensive.
At 250 they'll want 220 coins because 250 is crazy expensive.
This has been going on since 1200 and won't stop till Bitcoin is dead.
(...)
Nobody complained when "traders" (bots, mostly) inflated this silly bubble, but now they are the worst and are going to kill bitcoin?
You can't kill what never had life.
5.
Post 10101954 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.45h):
Nice share, thanks!
The most significant forces for industrial disruption within the financial services industries are more than likely the emerging cryptocurrencies, which allow the creation of trust without government participation. As a result, these solutions can create not just a new financial system but can also trigger entirely new forms of corporate enterprises. Cryptocurrencies hold the potential to disrupt not just financial services but a significant majority of social and governance practices as well. More than just “digital currencies”, cryptocurrencies are also a collection of protocols and transaction programming languages.
.......
Additionally, if the popularity of the cryptocurrencies increases, they may start to replace companies that traditionally have facilitated transactions, such as Visa/Mastercard, as well as banks. This could lead to a restructuring of financial services in many countries.
Yes, it looks like Ripple might do terrific
6.
Post 10102673 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.45h):
Any particular reason why ltc should survive?
7.
Post 10102912 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.46h):
I tried to warn you, but you didn't listen.
Now I'm here just to study the psychology of people invested in a bubble that are not aware of the fact that it is a bubble. It's fascinating.
The Oracle of Omaha sees a lot of losses in the future of these True Believers.
8.
Post 10117160 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.46h):
Yes, but make sure that you buy something valuable, such as stocks.
Or oil, for that matter. Wait till it drops some more and QE4 talk is on the table.
http://wolfstreet.com/wp-content/uploads/2014/12/US-Oil-Price-v-Fed-QE.png
9.
Post 10137287 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.47h):
This is what you get with unregulated markets. It has nothing to do with Bitcoin. If the stock markets were unregulated like this, it would destroy our civilization.
No, no, no. Don't blame this on "unregulated markets". The fact that it's unregulated is not the source of this turmoil.
You're losing money because you put money into something that did not deserve it. This thing is not worth $200, and the market is just figuring it out.
History books will teach that after the dotcom bubble of the late 1990s, there was an even more irrational bubble: the crypto bubble, where people threw millions of dollar at hundreds of scamcoins, with btc at its head.
Ripple will be the Microsoft of this bubble, the one true winner.
10.
Post 10143965 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.47h):
http://oi60.tinypic.com/nv8e37.jpggee, I wonder what's in store for us tomorrow
11.
Post 10151167 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.48h):
We are not in 2011.
It's not the same
Boy, what a compelling argument. I guess
we can throw all of technical analysis into the trash, seeing as how the present is never at any point of the past.
Yes, we can, and we should.
"I realized technical analysis didn't work when I turned the charts upside down and didn't get a different answer" - Warren Buffett
12.
Post 10152801 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.48h):
Wowie. This is a big thread. I have a question or two. I see there are thousands of alternate block chains cluttering cyberspace, so what's so special about Bitcoin and why should I support it instead of the others?
"Because of the infraestructure that btc already has"
This is what btc permabulls believe.
13.
Post 10153509 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.48h):
14.
Post 10154532 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.48h):
15.
Post 10154614 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.48h):
Guess which coin is pumpin'
For a moment, coinmarketcap showed ripple up 22%, now it's back down. Weird.
16.
Post 10313981 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_13.55h):
With their currencies tanking, why aren't Greeks and Russians buying more bitcoins?
Because a tulip scheme is not better than a bad currency.
17.
Post 10926649 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_14.07h):
18.
Post 11056754 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_14.10h):
Even though I'm not a socialist myself I think it probably would be healthy for them to have a proper and visible socialist party influencing society.
Yeah, because socialism is a positive influence. No wonder Americans don't like you, faget.
19.
Post 11082549 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_14.11h):
I dont think well go to below $ 170 , even if it can go , it cant stay there for a week and will back to $ 200.
Plenty of people said a few months ago that 'even if we go below $275, we'll be back to 300 in no time."
Wake up.
20.
Post 11084361 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_14.11h):
Most people want to get rid of their bag now, as the price decline is demonstrating. The music stopped about a year ago; the time to sell was back then, but it's not too late. Better $220 than $0.
21.
Post 11203335 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_14.12h):
Where's the party?
Why is every bitcoin believer suffering right now? You should be happy. Cheap coins, remember.
22.
Post 11203412 (copy this link) (by Warren Buffett) (scraped on 2020-04-04_Sat_14.12h):
In your dreams..
We won't go back up that much till the next dump , followed by another dump... and so on
The guys doing this love this area (probably fits their funding) and won't risk losing control over the market
Who are they, and what are they doing?
